THOMAS & WOOD

Operated by XTO ENERGY INC. (P-5 945936) 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 221966District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.5 M
Jun 2006 – Dec 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
127
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 Gas112007-07-18178543
NGPA2none

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
CondensateDisposition8,927 bbl$609,926
GasProduction661,857 Mcf$3,866,509
Total$4,476,435

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 32.1453, -94.3110. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.14528, -94.31097 · 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
9,500 ft
1 wells filed one
Completion to plug
10.5 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 9,500 ft.

Completions filed
Jun 2006
1 of 1 wells
Plug dates filed
Dec 2016
1 of 1 wells

Last completion to plug: a median of 10.5 years across the 1 well that filed both dates, with the middle half between 10.5 years and 10.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-36536003119,500 ftJun 2006Dec 2016Yes

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 (127)

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

127 months

Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 201513849.822.71$153
Mar 2015221,46442.892.93$5,240
Feb 2015472,62944.662.98$9,923
Jan 2015502,96843.433.10$11,374
Dec 2014493,15654.693.59$14,014
Nov 2014342,87870.464.25$14,632
Oct 2014352,83378.303.90$13,792
Sep 2014383,56286.164.05$17,684
Aug 2014282,73789.394.04$13,547
Jul 2014393,07796.564.18$16,626
Jun 2014403,87198.164.74$22,263
May 2014454,05294.734.73$23,415
Apr 201493,95195.944.81$19,864
Mar 201493,00695.895.06$16,064
Feb 201492,66897.406.19$17,397
Jan 2014103,77690.404.86$19,258
Dec 2013113,13591.824.35$14,661
Nov 2013143,85288.853.74$15,644
Oct 2013123,42897.423.78$14,125
Sep 2013103,347104.113.72$13,484
Aug 2013113,352104.253.52$12,955
Jul 201393,083102.523.72$12,384
Jun 201382,85494.403.93$11,981
May 201372,31994.834.15$10,286
Apr 201362,10793.964.28$9,587
Mar 201351,88693.623.91$7,848
Feb 201341,96391.233.42$7,078
Jan 201362,62991.603.42$9,541
Dec 201283,21786.773.42$11,697
Nov 201292,97586.953.62$11,567
Oct 2012123,18589.383.40$11,901
Sep 2012233,29594.672.92$11,794
Aug 2012223,13492.662.91$11,153
Jul 2012304,02085.133.02$14,698
Jun 2012274,11179.822.52$12,511
May 2012314,13391.612.49$13,124
Apr 2012294,169101.652.00$11,273
Mar 2012274,479105.052.22$12,789
Feb 2012364,561101.102.57$15,362
Jan 2012375,06598.092.73$17,477
Dec 2011182,09796.873.24$8,537
Nov 2011131,63795.723.31$6,665
Oct 2011193,74184.983.65$15,264
Sep 201102,84883.623.99$11,352
Aug 201102,79583.404.15$11,597
Jul 201104,68594.144.52$21,163
Jun 201103,81192.904.64$17,683
May 201103,83898.134.40$16,906
Apr 201154,917105.964.33$21,837
Mar 2011155,10496.364.06$22,154
Feb 2011144,79585.644.18$21,242
Jan 2011165,11686.504.59$24,860
Dec 2010195,25985.734.35$24,494
Nov 2010133,95680.843.80$16,065
Oct 2010105,60278.103.51$20,438
Sep 201045,23772.633.98$21,131
Aug 201056,24973.684.42$27,985
Jul 201045,00572.554.74$23,996
Jun 201045,39870.364.91$26,788
May 201086,57671.124.24$28,420
Apr 2010236,03581.694.12$26,759
Mar 2010336,24678.394.39$29,999
Feb 2010335,83473.585.44$34,179
Jan 2010356,12874.365.96$39,151
Dec 2009415,68471.445.48$34,099
Nov 2009986,22174.593.75$30,648
Oct 20091156,30972.544.11$34,274
Sep 20091086,66065.543.06$27,490
Aug 20091127,05467.423.22$30,254
Jul 20091017,25061.133.46$31,292
Jun 20091066,52866.163.90$32,440
May 20091006,16954.743.93$29,692
Apr 20091526,08046.773.59$28,921
Mar 20091415,54742.144.06$28,457
Feb 20091244,90932.814.63$26,812
Jan 20091796,31035.865.37$40,310
Dec 20081476,80837.105.98$46,146
Nov 20081236,20455.496.86$49,387
Oct 20081547,49275.246.92$63,446
Sep 20081546,370101.767.88$65,848
Aug 20081247,583114.228.48$78,490
Jul 20081057,760131.0811.39$102,145
Jun 2008818,103131.3313.03$116,241
May 2008808,505123.1711.57$108,293
Apr 2008818,294110.3110.45$95,648
Mar 2008848,659101.909.66$92,241
Feb 2008868,56892.538.77$83,104
Jan 20081649,28790.388.21$91,029
Dec 20071749,93788.337.30$87,929
Nov 200713810,15291.677.29$86,676
Oct 200714411,26182.856.92$89,879
Sep 200710510,17175.846.24$71,473
Aug 200713811,96469.066.39$85,956
Jul 200711512,56170.906.39$88,392
Jun 200714912,62862.007.55$104,560
May 200718013,01558.747.85$112,693
Apr 200720813,16659.617.81$115,162
Mar 200725814,21856.927.30$118,505
Feb 200719613,85755.108.22$124,649
Jan 200720716,66150.306.73$122,488
Dec 200622318,07356.656.92$137,670
Nov 200653016,28754.207.62$152,792
Oct 200687917,75554.906.01$155,032
Sep 200680320,95860.085.04$153,814
Aug 200648717,66068.717.34$163,085
Jul 20068313,30569.376.34$90,148
Jun 20060066.286.38$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.

Apr 2015 — as filed, then multipliedworked
Condensate             1 bbl  × $ 49.82 =        $50
Gas                   38 Mcf  × $  2.71 =       $103

────────────────────────────────────────────────────
Month total                                     $153

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/221966 is the state's own key, not one this site invented.