THARP, N. E.

Operated by HUMPHREY, THOS.D. OIL PROP.,INC. (P-5 413735) in the HAM GOSSETT (BACON LIME) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 818District 05Field 38399055OilCasinghead gasSave
Value, all time
$48 k
Jan 1993 – Jun 1996
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
42
no gaps in the span
Streams
2
oil, casinghead gas

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
OilDisposition3,026 bbl$47,825
Casinghead gasProduction32 Mcf$0
Total$47,825

32 Mcf of this lease's gas, across 32 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (2)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 32.4353, -96.1507. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.43532, -96.15068 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
50.0%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
6,229 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

Between 6,160 and 6,298 ft, median 6,229 ft, over the 2 wells that filed a depth.

Completions filed
May 1996
1 of 2 wells; 1 filed none
Plug dates filed
Jan 2004
1 of 2 wells; 1 filed none

2 wells

42-2570027626,298 ftJan 2004Yes
42-2570026936,160 ftMay 1996

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (42)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

42 months

Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 1996561016.98$9,526
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950116.18$0
Aug 19950115.92$0
Jul 19950115.24$0
Jun 19950116.41$0
May 19950117.56$0
Apr 19950117.73$0
Mar 19950116.44$0
Feb 1995178116.58$2,951
Jan 1995179115.92$2,850
Dec 19940115.03$0
Nov 1994173115.90$2,751
Oct 19940115.58$0
Sep 1994174115.29$2,660
Aug 1994177116.13$2,855
Jul 19940117.56$0
Jun 1994172117.09$2,939
May 19940115.88$0
Apr 1994172114.14$2,432
Mar 19940112.46$0
Feb 1994175112.50$2,188
Jan 1994179112.66$2,266
Dec 19930112.33$0
Nov 19930114.49$0
Oct 19930115.85$0
Sep 1993175115.03$2,630
Aug 1993174115.66$2,725
Jul 1993175115.46$2,706
Jun 19930116.79$0
May 19930017.68$0
Apr 19930118.05$0
Mar 1993180118.14$3,265
Feb 19930117.90$0
Jan 1993182116.93$3,081

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Feb 1996 — as filed, then multipliedworked
Oil                  561 bbl  × $ 16.98 =     $9,526
Casinghead gas         0 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                   $9,526

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 05/O/818 is the state's own key, not one this site invented.