THOMAS & WOOD

Operated by EXXON CORP. (P-5 257097) in the CARTHAGE (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 148122District 06Field 16032812GasSaveExport
Value, all time
$201 k
Dec 1993 – Jan 2000
Value, last 12 filed months
$0
at the published price for each month
Months reported
74
no gaps in the span
Streams
1
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 873 leases and 896 wells, and the rule below applies to all of them.

Discovered
1943-06-10
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2006-10-10.

The Commission's schedule remark for this field reads: (PETTIT, LOWER).

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
GasProduction445,994 Mcf$201,181
Total$201,181

364,400 Mcf of this lease's gas, across 26 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 32.1426, -94.3083. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.14257, -94.30834 · 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
9,700 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 9,700 ft.

Completions filed
May 2017
1 of 1 wells

1 well

42-365328336-U9,700 ftMay 2017Yes

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 (74)

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

74 months

Jan 2000025.272.48$0
Dec 1999024.282.42$0
Nov 1999023.192.43$0
Oct 1999020.982.80$0
Sep 1999021.752.62$0
Aug 1999019.262.88$0
Jul 1999017.892.37$0
Jun 1999015.942.36$0
May 1999015.792.32$0
Apr 1999015.102.21$0
Mar 1999012.471.84$0
Feb 199909.981.82$0
Jan 1999010.381.90$0
Dec 199809.201.77$0
Nov 1998010.892.19$0
Oct 1998012.421.97$0
Sep 1998012.592.08$0
Aug 1998011.301.91$0
Jul 1998011.742.24$0
Jun 1998011.242.24$0
May 1998012.622.21$0
Apr 1998013.042.51$0
Mar 19983,68212.802.31$8,503
Feb 1998013.952.30$0
Jan 1998014.702.15$0
Dec 1997016.322.41$0
Nov 1997018.193.09$0
Oct 199718519.253.15$583
Sep 1997017.742.95$0
Aug 199715,00517.862.55$38,334
Jul 199715417.582.25$346
Jun 199749617.242.26$1,120
May 199712,39218.972.31$28,607
Apr 199711,24017.882.08$23,410
Mar 199712,25418.951.94$23,762
Feb 199712,12720.492.21$26,751
Jan 199714,05923.483.54$49,765
Dec 199613,85623.32$0
Nov 199614,12621.97$0
Oct 19967,66023.31$0
Sep 19967,58522.22$0
Aug 19968,19920.26$0
Jul 19968,69419.55$0
Jun 19968,77618.73$0
May 199610,09619.43$0
Apr 19969,44421.51$0
Mar 199610,10619.38$0
Feb 1996016.98$0
Jan 199611,64217.07$0
Dec 199511,61117.19$0
Nov 199511,86716.00$0
Oct 199512,01715.43$0
Sep 199510,30416.18$0
Aug 19953,41315.92$0
Jul 1995015.24$0
Jun 1995016.41$0
May 1995017.56$0
Apr 1995017.73$0
Mar 1995016.44$0
Feb 1995016.58$0
Jan 1995015.92$0
Dec 1994015.03$0
Nov 1994015.90$0
Oct 1994015.58$0
Sep 1994815.29$0
Aug 19941616.13$0
Jul 199422,29517.56$0
Jun 199422,50917.09$0
May 199425,04815.88$0
Apr 199420,54114.14$0
Mar 199425,96712.46$0
Feb 199440,83912.50$0
Jan 199429,11812.66$0
Dec 199318,66312.33$0

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.

Mar 1998 — as filed, then multipliedworked
Gas                3,682 Mcf  × $  2.31 =     $8,503

────────────────────────────────────────────────────
Month total                                   $8,503

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/148122 is the state's own key, not one this site invented.