THOMPSON UNIT

Operated by SHERIDAN PRODUCTION CO III, LLC (P-5 775851) in the CARTHAGE (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 132720District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.8 M
Jan 1993 – Aug 2024
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
380
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 4,104 leases and 4,104 wells, and the rule below applies to all of them.

Discovered
1968-05-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2011-02-08.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas111990-02-15121722
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition10,705 bbl$324,716
GasProduction1,284,450 Mcf$3,427,409
Total$3,752,125

472,712 Mcf of this lease's gas, across 48 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 (1)

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 32.1836, -94.3073. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.18363, -94.30735 · 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
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
9,675 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
00.0%

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

The one well that filed a depth was drilled to 9,675 ft.

Completions filed
Jul 2024
1 of 1 wells

1 well

42-3653217169,675 ftJul 2024Yes

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 (380)

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

380 months

Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20241076.091.78$76
Jan 2024312973.023.30$644
Dec 2023225471.262.61$806
Nov 2023125277.892.81$785
Oct 2023131885.443.09$1,067
Sep 2023222789.042.74$799
Aug 2023026280.522.67$700
Jul 2023130874.852.64$889
Jun 2023118468.962.26$485
May 2023022370.622.23$497
Apr 2023114978.122.24$412
Mar 2023019272.852.39$459
Feb 2023123575.112.47$655
Jan 2023230276.533.39$1,176
Dec 2022123476.415.73$1,417
Nov 2022130185.005.65$1,785
Oct 2022130887.185.86$1,893
Sep 2022323184.888.16$2,140
Aug 2022131894.529.13$2,997
Jul 20221370101.587.54$2,892
Jun 20221259115.097.98$2,181
May 20221313109.378.43$2,749
Apr 20222317104.226.84$2,376
Mar 20223337108.885.08$2,037
Feb 2022331491.054.86$1,799
Jan 2022633781.844.54$2,020
Dec 2021439571.323.90$1,825
Nov 2021332077.435.24$1,908
Oct 2021229679.795.71$1,851
Sep 2021242369.865.35$2,403
Aug 2021337466.024.22$1,777
Jul 2021337970.783.98$1,722
Jun 2021335469.493.38$1,405
May 2021347763.483.02$1,630
Apr 2021433260.362.76$1,157
Mar 2021252261.302.72$1,541
Feb 2021122157.805.55$1,284
Jan 2021042050.412.81$1,180
Dec 2020544944.642.68$1,424
Nov 2020021138.772.71$571
Oct 2020126636.972.48$696
Sep 2020027037.091.99$538
Aug 2020013139.982.39$312
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 2020014016.921.81$254
Apr 2020119314.751.80$363
Mar 2020228730.341.86$593
Feb 2020338949.881.98$920
Jan 2020733957.252.09$1,111
Dec 2019034859.012.30$802
Nov 2019526155.302.75$994
Oct 2019114853.472.42$411
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 2019121656.272.46$588
Jun 2019113652.782.49$392
May 2019212158.482.74$449
Apr 2019212662.632.75$472
Mar 2019225856.803.06$904
Feb 2019322650.852.79$784
Jan 2019331146.033.23$1,142
Dec 2018626146.594.19$1,372
Nov 2018229952.934.24$1,373
Oct 2018233761.443.40$1,268
Sep 2018220959.543.11$769
Aug 2018039459.403.07$1,208
Jul 2018036165.142.93$1,058
Jun 2018041760.183.08$1,283
May 2018030365.382.90$879
Apr 2018039563.842.90$1,146
Mar 2018047661.222.79$1,327
Feb 2018032661.782.77$902
Jan 2018052662.874.01$2,109
Dec 2017037057.272.92$1,081
Nov 2017047555.423.12$1,481
Oct 2017038149.292.98$1,137
Sep 2017039447.523.09$1,216
Aug 2017039745.373.00$1,193
Jul 2017050643.873.09$1,562
Jun 2017045142.493.09$1,392
May 2017052945.373.26$1,726
Apr 2017048947.933.21$1,570
Mar 2017144946.772.98$1,386
Feb 2017334750.452.95$1,176
Jan 2017150649.413.42$1,779
Dec 2016347148.763.72$1,900
Nov 20162242.492.64$90
Oct 2016151946.193.09$1,650
Sep 2016155341.553.10$1,756
Aug 2016141041.442.92$1,240
Jul 2016161841.622.92$1,849
Jun 2016356145.352.69$1,643
May 2016145242.521.99$942
Apr 2016139236.561.99$817
Mar 2016145833.011.79$855
Feb 2016242626.472.06$932
Jan 2016244727.352.36$1,112
Dec 2015147332.362.00$979
Nov 2015136038.792.17$819
Oct 2015340243.552.43$1,106
Sep 2015243342.992.76$1,280
Aug 2015350840.162.87$1,580
Jul 2015478448.152.95$2,502
Jun 2015249556.152.88$1,539
May 2015344855.212.96$1,490
Apr 2015241549.822.71$1,223
Mar 20151195042.892.93$3,260
Feb 2015591044.662.98$2,932
Jan 2015101,01143.433.10$3,569
Dec 2014101,01054.693.59$4,174
Nov 2014101,01970.464.25$5,037
Oct 2014111,04878.303.90$4,950
Sep 2014598586.164.05$4,416
Aug 2014101,11789.394.04$5,401
Jul 20141196796.564.18$5,104
Jun 201491,12998.164.74$6,231
May 201481,08194.734.73$5,867
Apr 201441,19095.944.81$6,107
Mar 201411,27595.895.06$6,543
Feb 201411,22097.406.19$7,652
Jan 201411,47790.404.86$7,270
Dec 201311,43691.824.35$6,345
Nov 201311,41788.853.74$5,386
Oct 201311,31597.423.78$5,067
Sep 201311,217104.113.72$4,629
Aug 201301,156104.253.52$4,072
Jul 201301,110102.523.72$4,127
Jun 201301,07494.403.93$4,224
May 201311,63894.834.15$6,891
Apr 201351,57993.964.28$7,232
Mar 201391,37393.623.91$6,215
Feb 20131098791.233.42$4,288
Jan 2013161,69391.603.42$7,256
Dec 2012122,28386.773.42$8,849
Nov 2012121,84986.953.62$7,746
Oct 20121081389.383.40$3,658
Sep 2012212,14094.672.92$8,233
Aug 2012252,42692.662.91$9,372
Jul 2012282,41685.133.02$9,682
Jun 2012282,38679.822.52$8,245
May 2012282,48291.612.49$8,741
Apr 2012412,242101.652.00$8,644
Mar 2012251,546105.052.22$6,062
Feb 2012311,634101.102.57$7,334
Jan 2012311,79698.092.73$7,951
Dec 2011211,81396.873.24$7,908
Nov 2011311,79695.723.31$8,914
Oct 2011201,86484.983.65$8,500
Sep 2011172,03783.623.99$9,541
Aug 2011152,08283.404.15$9,890
Jul 2011162,10794.144.52$11,024
Jun 2011252,06892.904.64$11,918
May 2011182,19598.134.40$11,435
Apr 2011371,762105.964.33$11,556
Mar 2011341,66796.364.06$10,040
Feb 2011261,47385.644.18$8,384
Jan 2011201,65686.504.59$9,329
Dec 2010201,70385.734.35$9,119
Nov 2010401,68780.843.80$9,636
Oct 2010251,69378.103.51$7,893
Sep 2010261,72372.633.98$8,745
Aug 2010101,84473.684.42$8,886
Jul 2010291,85672.554.74$10,895
Jun 2010181,83670.364.91$10,282
May 2010252,22771.124.24$11,210
Apr 2010122,22081.694.12$10,133
Mar 201082,37478.394.39$11,046
Feb 201082,15573.585.44$12,317
Jan 2010102,33974.365.96$14,694
Dec 200972,30871.445.48$13,157
Nov 200982,13974.593.75$8,621
Oct 2009102,09372.544.11$9,328
Sep 2009142,00465.543.06$7,059
Aug 2009132,04867.423.22$7,468
Jul 2009132,07661.133.46$7,987
Jun 2009152,13266.163.90$9,297
May 2009162,11454.743.93$9,175
Apr 2009182,06346.773.59$8,243
Mar 2009102,25942.144.06$9,591
Feb 200971,87232.814.63$8,903
Jan 200961,94535.865.37$10,662
Dec 200862,07337.105.98$12,613
Nov 200872,20255.496.86$15,495
Oct 2008132,47475.246.92$18,103
Sep 20081370101.767.88$1,874
Aug 2008182,895114.228.48$26,614
Jul 2008192,788131.0811.39$34,244
Jun 2008182,685131.3313.03$37,357
May 2008182,863123.1711.57$35,354
Apr 2008162,786110.3110.45$30,892
Mar 2008132,917101.909.66$29,515
Feb 2008112,79492.538.77$25,523
Jan 2008143,05890.388.21$26,358
Dec 2007153,05088.337.30$23,596
Nov 2007152,99691.677.29$23,221
Oct 2007283,09982.856.92$23,771
Sep 2007263,08775.846.24$21,248
Aug 2007323,16969.066.39$22,453
Jul 2007233,15370.906.39$21,772
Jun 2007383,13662.007.55$26,028
May 2007392,88758.747.85$24,943
Apr 2007342,58159.617.81$22,172
Mar 2007402,66356.927.30$21,722
Feb 2007542,36155.108.22$22,373
Jan 2007382,63050.306.73$19,603
Dec 2006362,43556.656.92$18,886
Nov 2006332,34454.207.62$19,644
Oct 2006342,38054.906.01$16,179
Sep 2006232,39360.085.04$13,436
Aug 2006152,50068.717.34$19,380
Jul 2006212,52569.376.34$17,472
Jun 2006152,43766.286.38$16,552
May 2006252,76866.016.42$19,435
Apr 2006112,61264.397.36$19,934
Mar 2006102,63656.707.08$19,238
Feb 2006142,40657.597.75$19,455
Jan 2006172,70560.598.93$25,195
Dec 2005183,12654.9413.42$42,925
Nov 2005143,46654.6910.59$37,465
Oct 200593,50858.3413.80$48,921
Sep 200502,40861.4512.08$29,086
Aug 200502,64861.519.80$25,942
Jul 200502,19755.697.84$17,232
Jun 200502,25352.337.38$16,629
May 2005122,06945.226.65$14,304
Apr 2005232,32149.207.36$18,215
Mar 2005302,52350.377.15$19,563
Feb 2005312,29545.226.31$15,888
Jan 2005362,59043.166.32$17,928
Dec 2004312,61239.866.75$18,869
Nov 2004302,59945.286.33$17,811
Oct 2004202,83749.706.52$19,477
Sep 200403,08243.245.28$16,285
Aug 200403,36642.375.55$18,684
Jul 200403,84938.286.08$23,418
Jun 200403,06236.106.43$19,698
May 200403,23837.486.49$21,029
Apr 200403,05834.475.86$17,915
Mar 200403,04234.365.53$16,823
Feb 200403,01432.455.51$16,606
Jan 200403,28632.036.30$20,701
Dec 200303,28230.266.30$20,682
Nov 200303,21028.804.60$14,750
Oct 200323,44328.174.76$16,444
Sep 2003123,77526.314.75$18,245
Aug 2003253,97529.765.13$21,135
Jul 2003243,93529.415.17$21,053
Jun 2003233,42928.565.98$21,172
May 2003333,62826.595.97$22,546
Apr 2003173,46126.675.41$19,168
Mar 2003263,53331.146.10$22,347
Feb 2003253,30133.487.93$27,000
Jan 2003373,59930.315.58$21,211
Dec 2002343,65026.914.85$18,631
Nov 2002353,57524.664.14$15,653
Oct 2002273,89926.464.23$17,204
Sep 2002273,56927.443.64$13,715
Aug 2002173,73725.963.16$12,266
Jul 2002213,85124.583.06$12,307
Jun 2002193,84423.733.34$13,283
May 2002104,00824.663.58$14,611
Apr 2002173,31223.653.51$12,035
Mar 2002164,17822.003.10$13,315
Feb 2002134,01118.222.38$9,766
Jan 2002204,15817.172.38$10,221
Dec 2001193,07416.932.36$7,590
Nov 2001263,98818.072.41$10,063
Oct 2001284,46319.782.53$11,840
Sep 2001144,40924.262.25$10,266
Aug 200194,36224.873.05$13,542
Jul 2001104,27323.933.20$13,900
Jun 2001104,32424.563.82$16,781
May 200174,50425.524.31$19,579
Apr 200194,28524.685.34$23,084
Mar 2001124,34424.545.38$23,650
Feb 2001153,34327.755.77$19,696
Jan 2001235,07427.478.40$43,247
Dec 2000264,96626.889.12$46,001
Nov 2000304,89432.215.66$28,657
Oct 2000455,03431.235.15$27,308
Sep 2000365,24131.875.19$28,330
Aug 2000425,70529.644.54$27,150
Jul 2000995,60628.534.09$25,752
Jun 2000905,04529.304.40$24,821
May 2000945,68327.263.68$23,474
Apr 2000745,33824.513.12$18,447
Mar 2000586,50528.422.86$20,251
Feb 2000635,96727.622.73$18,009
Jan 2000496,36225.272.48$17,019
Dec 1999296,26824.282.42$15,896
Nov 1999306,17223.192.43$15,718
Oct 1999296,37620.982.80$18,485
Sep 1999145,98421.752.62$15,976
Aug 1999286,38219.262.88$18,891
Jul 1999346,48017.892.37$15,981
Jun 1999186,64715.942.36$15,988
May 1999206,96215.792.32$16,475
Apr 1999196,85315.102.21$15,419
Mar 1999536,73112.471.84$13,035
Feb 199906,0769.981.82$11,045
Jan 1999826,91110.381.90$13,982
Dec 199806,7829.201.77$12,027
Nov 19981026,81410.892.19$16,004
Oct 199807,33712.421.97$14,448
Sep 19981037,08112.592.08$16,044
Aug 199807,12611.301.91$13,592
Jul 199807,30611.742.24$16,345
Jun 1998917,23511.242.24$17,209
May 199807,67612.622.21$16,936
Apr 1998977,46913.042.51$19,977
Mar 199807,38012.802.31$17,044
Feb 19981126,46413.952.30$16,424
Jan 199807,74414.702.15$16,687
Dec 19971069,40916.322.41$24,416
Nov 199709,28518.193.09$28,674
Oct 19971019,26019.253.15$31,112
Sep 199708,27317.742.95$24,446
Aug 19971059,87317.862.55$27,098
Jul 1997010,45117.582.25$23,483
Jun 19971029,14517.242.26$22,401
May 19971029,51818.972.31$23,907
Apr 1997010,16117.882.08$21,163
Mar 199711510,74618.951.94$23,017
Feb 19971099,31420.492.21$22,779
Jan 199710011,02323.483.54$41,366
Dec 19969711,25223.32$2,262
Nov 1996010,44321.97$0
Oct 19969711,08223.31$2,261
Sep 19968710,84722.22$1,933
Aug 1996010,74020.26$0
Jul 199616910,87219.55$3,304
Jun 1996010,54718.73$0
May 199617211,84619.43$3,342
Apr 1996948,42621.51$2,022
Mar 1996949,63719.38$1,822
Feb 199619410,45416.98$3,294
Jan 19968111,52117.07$1,383
Dec 1995897,42517.19$1,530
Nov 19951767,98716.00$2,816
Oct 1995777,85115.43$1,188
Sep 1995847,50916.18$1,359
Aug 19951467,66015.92$2,324
Jul 1995837,66615.24$1,265
Jun 19951687,45016.41$2,757
May 1995797,60717.56$1,387
Apr 1995797,65717.73$1,401
Mar 19951618,01616.44$2,647
Feb 1995677,36416.58$1,111
Jan 19951808,15915.92$2,866
Dec 1994928,49115.03$1,383
Nov 1994897,10815.90$1,415
Oct 1994798,77115.58$1,231
Sep 1994797,02415.29$1,208
Aug 1994639,10916.13$1,016
Jul 1994566,53117.56$983
Jun 19941329,67417.09$2,256
May 199417111,29515.88$2,715
Apr 199419411,22514.14$2,743
Mar 199409,99812.46$0
Feb 199419110,04212.50$2,388
Jan 1994011,64312.66$0
Dec 199319211,66312.33$2,367
Nov 199318311,97914.49$2,652
Oct 199320011,91515.85$3,170
Sep 1993010,83615.03$0
Aug 19933559,88915.66$5,559
Jul 1993011,00615.46$0
Jun 1993011,57316.79$0
May 199319112,59317.68$3,377
Apr 199319612,48118.05$3,538
Mar 1993012,23718.14$0
Feb 199318511,56617.90$3,312
Jan 199320014,04516.93$3,386

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 2024 — as filed, then multipliedworked
Condensate             1 bbl  × $ 76.09 =        $76
Gas                    0 Mcf  × $  1.78 =         $0

────────────────────────────────────────────────────
Month total                                      $76

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. 06/G/132720 is the state's own key, not one this site invented.