THOMPSON, PERRY GU

Operated by VERADO ENERGY, INC. (P-5 884563) in the OAK HILL (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 183152District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.9 M
Mar 2001 – Mar 2018
Value, last 12 filed months
$25 k
at the published price for each month
Months reported
205
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 2,275 leases and 2,276 wells, and the rule below applies to all of them.

Discovered
1976-11-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2018-03-20.

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 Gas112001-08-14144401
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
CondensateDisposition868 bbl$35,633
GasProduction641,563 Mcf$2,863,807
Total$2,899,440

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 32.3132, -94.6733. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.31321, -94.67331 · 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
100.0%
1 of 1 wells
Median depth
10,565 ft
1 wells filed one
Completion to plug
17.0 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 10,565 ft.

Completions filed
Mar 2001
1 of 1 wells
Plug dates filed
Mar 2018
1 of 1 wells

Last completion to plug: a median of 17.0 years across the 1 well that filed both dates, with the middle half between 17.0 years and 17.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-40133033710,565 ftMar 2001Mar 2018Yes

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 (205)

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

205 months

Mar 2018724561.222.79$1,111
Feb 2018038161.782.77$1,054
Jan 2018067662.874.01$2,710
Dec 2017030857.272.92$900
Nov 2017047555.423.12$1,481
Oct 2017046349.292.98$1,381
Sep 2017025947.523.09$800
Aug 2017064645.373.00$1,941
Jul 2017092143.873.09$2,843
Jun 201701,02942.493.09$3,177
May 2017098545.373.26$3,214
Apr 201701,27247.933.21$4,085
Mar 2017077946.772.98$2,324
Feb 201701,19150.452.95$3,517
Jan 2017063949.413.42$2,185
Dec 2016043548.763.72$1,619
Nov 2016026242.492.64$693
Oct 2016018746.193.09$578
Sep 2016042941.553.10$1,330
Aug 2016055141.442.92$1,611
Jul 2016056141.622.92$1,641
Jun 2016061845.352.69$1,660
May 2016058842.521.99$1,171
Apr 2016070736.561.99$1,408
Mar 2016056933.011.79$1,021
Feb 2016052226.472.06$1,077
Jan 2016037027.352.36$875
Dec 2015050132.362.00$1,003
Nov 2015059338.792.17$1,285
Oct 2015077643.552.43$1,883
Sep 2015076642.992.76$2,113
Aug 2015079240.162.87$2,275
Jul 2015085848.152.95$2,527
Jun 201501,06456.152.88$3,067
May 201511,02355.212.96$3,079
Apr 2015082049.822.71$2,219
Mar 2015057342.892.93$1,682
Feb 2015063644.662.98$1,893
Jan 2015066743.433.10$2,068
Dec 2014067354.693.59$2,417
Nov 2014060870.464.25$2,585
Oct 2014065978.303.90$2,571
Sep 2014086986.164.05$3,515
Aug 2014089189.394.04$3,595
Jul 2014054796.564.18$2,286
Jun 201401,26198.164.74$5,973
May 201401,35694.734.73$6,409
Apr 2014061695.944.81$2,962
Mar 201401,27095.895.06$6,422
Feb 2014059097.406.19$3,653
Jan 201401,20190.404.86$5,838
Dec 201301,19791.824.35$5,212
Nov 201301,07088.853.74$4,000
Oct 201301,18997.423.78$4,494
Sep 20130756104.113.72$2,811
Aug 201301,273104.253.52$4,484
Jul 20130380102.523.72$1,413
Jun 2013052894.403.93$2,077
May 2013083494.834.15$3,460
Apr 2013131,50193.964.28$7,650
Mar 201302,44993.623.91$9,583
Feb 201313,22591.233.42$11,120
Jan 201311,92491.603.42$6,672
Dec 2012083086.773.42$2,839
Nov 2012066386.953.62$2,403
Oct 2012073689.383.40$2,502
Sep 2012073394.672.92$2,139
Aug 2012064292.662.91$1,867
Jul 201211,09185.133.02$3,381
Jun 201211,73779.822.52$4,455
May 2012121,72991.612.49$5,402
Apr 2012131,654101.652.00$4,624
Mar 201201,668105.052.22$3,706
Feb 201201,629101.102.57$4,187
Jan 201201,71098.092.73$4,675
Dec 201111,58896.873.24$5,242
Nov 201101,67795.723.31$5,553
Oct 201101,86384.983.65$6,797
Sep 201111,68183.623.99$6,784
Aug 201112,06683.404.15$8,656
Jul 201112,01794.144.52$9,205
Jun 2011122,01592.904.64$10,464
May 201112,51698.134.40$11,181
Apr 201104,013105.964.33$17,389
Mar 201112,98296.364.06$12,195
Feb 201113,57885.644.18$15,042
Jan 201134,67486.504.59$21,707
Dec 201001,02485.734.35$4,452
Nov 201011,34680.843.80$5,189
Oct 201011,37078.103.51$4,885
Sep 201011,55572.633.98$6,261
Aug 201011,63673.684.42$7,304
Jul 2010092072.554.74$4,358
Jun 201001,08070.364.91$5,303
May 201001,44171.124.24$6,103
Apr 201001,38581.694.12$5,710
Mar 201081,41678.394.39$6,841
Feb 201001,20873.585.44$6,574
Jan 201001,38474.365.96$8,254
Dec 200951,16971.445.48$6,768
Nov 200901,14274.593.75$4,284
Oct 200901,50672.544.11$6,190
Sep 200901,44365.543.06$4,422
Aug 200901,53167.423.22$4,928
Jul 200901,55261.133.46$5,377
Jun 200991,94266.163.90$8,160
May 200901,59754.743.93$6,269
Apr 200901,50246.773.59$5,388
Mar 200901,56842.144.06$6,365
Feb 200901,50432.814.63$6,968
Jan 200901,58135.865.37$8,492
Dec 200801,34037.105.98$8,009
Nov 200851,45855.496.86$10,280
Oct 200801,87275.246.92$12,958
Sep 200801,619101.767.88$12,753
Aug 200802,049114.228.48$17,382
Jul 2008142,129131.0811.39$26,083
Jun 200801,969131.3313.03$25,661
May 200802,105123.1711.57$24,364
Apr 200801,719110.3110.45$17,972
Mar 200871,577101.909.66$15,954
Feb 200801,38192.538.77$12,112
Jan 200801,51390.388.21$12,415
Dec 200741,16688.337.30$8,867
Nov 200771,40991.677.29$10,916
Oct 200701,35682.856.92$9,386
Sep 200701,28175.846.24$7,999
Aug 200701,23569.066.39$7,889
Jul 200701,36170.906.39$8,694
Jun 200701,25662.007.55$9,481
May 2007485058.747.85$6,904
Apr 200701,06959.617.81$8,344
Mar 200701,71556.927.30$12,523
Feb 2007151,05055.108.22$9,453
Jan 2007151,19550.306.73$8,793
Dec 200681,33856.656.92$9,710
Nov 2006191,14454.207.62$9,744
Oct 200621,18954.906.01$7,260
Sep 200621,55460.085.04$7,948
Aug 200602,04668.717.34$15,017
Jul 2006151,69769.376.34$11,804
Jun 200651,91166.286.38$12,531
May 200601,49866.016.42$9,625
Apr 200601,50764.397.36$11,092
Mar 2006151,42056.707.08$10,908
Feb 200601,16757.597.75$9,046
Jan 2006351,19660.598.93$12,805
Dec 200501,36554.9413.42$18,312
Nov 200531,19454.6910.59$12,807
Oct 200501,43558.3413.80$19,797
Sep 2005093961.4512.08$11,342
Aug 2005495161.519.80$9,563
Jul 200501,57255.697.84$12,330
Jun 200541,79652.337.38$13,466
May 200501,91845.226.65$12,757
Apr 200502,03349.207.36$14,964
Mar 200501,53650.377.15$10,990
Feb 200582,00145.226.31$12,992
Jan 200502,02743.166.32$12,815
Dec 200402,51739.866.75$16,992
Nov 200402,47745.286.33$15,680
Oct 200402,79649.706.52$18,216
Sep 200402,88643.245.28$15,249
Aug 200403,20842.375.55$17,807
Jul 2004103,28138.286.08$20,345
Jun 200403,00736.106.43$19,344
May 200403,03037.486.49$19,679
Apr 200493,23434.475.86$19,256
Mar 200403,31334.365.53$18,321
Feb 200403,00432.455.51$16,551
Jan 200403,04332.036.30$19,170
Dec 200303,08730.266.30$19,453
Nov 2003319,16728.804.60$43,017
Oct 200307,69928.174.76$36,644
Sep 200307,72426.314.75$36,684
Aug 200304,19629.765.13$21,524
Jul 2003144,21129.415.17$22,186
Jun 200304,23028.565.98$25,308
May 200303,84126.595.97$22,941
Apr 200308,64526.675.41$46,746
Mar 2003319,76731.146.10$60,505
Feb 20034111,31633.487.93$91,062
Jan 200308,64730.315.58$48,268
Dec 2002319,73926.914.85$48,105
Nov 2002010,53724.664.14$43,591
Oct 2002196,53126.464.23$28,123
Sep 200208,57427.443.64$31,168
Aug 200207,47125.963.16$23,639
Jul 200217,31724.583.06$22,427
Jun 20023910,59723.733.34$36,301
May 2002012,83624.663.58$46,004
Apr 20023912,78623.653.51$45,831
Mar 20023614,36222.003.10$45,353
Feb 2002016,95318.222.38$40,275
Jan 20024614,94217.172.38$36,287
Dec 200109,01216.932.36$21,308
Nov 2001017,27018.072.41$41,543
Oct 20015018,09719.782.53$46,754
Sep 20015218,04924.262.25$41,896
Aug 2001020,43724.873.05$62,397
Jul 20015122,67523.933.20$73,714
Jun 2001022,67524.563.82$86,713
May 20014824,95725.524.31$108,723
Apr 20013125,91924.685.34$139,051
Mar 200108,09524.545.38$43,522

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 2018 — as filed, then multipliedworked
Condensate             7 bbl  × $ 61.22 =       $429
Gas                  245 Mcf  × $  2.79 =       $683

────────────────────────────────────────────────────
Month total                                   $1,111

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/183152 is the state's own key, not one this site invented.