THELMA LOU GU 1

Name: THELMA LOU GU 1 lease production and value, Nov 2009 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by ADAMAS ENERGY LLC (P-5 103913) in the MARTINSVILLE (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 254409District 06Field 578147002 tax incentive programmesCondensateGasSave Export

Value, all time

$12.0 M

Nov 2009 – May 2026

Value, last 12 filed months

$305 k

at the published price for each month

Months reported

199

no gaps in the span

Streams

condensate, gas

The MARTINSVILLE (TRAVIS PEAK) field

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 94 leases and 94 wells, and the rule below applies to all of them.

Discovered

1982-03-27

as the register files it

Field class

Gas

the register's own label

Between wells

660 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 2007-11-06.

The Commission's schedule remark for this field reads: “DOCKET #06-0253202 EFF. 11-6-07.”

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2010-12-07	200488
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	7,871 bbl	$601,901
Gas	Production	2,992,727 Mcf	$11,354,912
Total			$11,956,813

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 31.5655, -94.3643. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.56547, -94.36429 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

0.0%

0 of 1 wells

With a plug date

0.0%

0 of 1 wells

Median depth

11,265 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

00.0%

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.

1100.0%

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 11,265 ft.

Completions filed

Jun 2009

1 of 1 wells

1 well


42-34733068	1	11,265 ft	Jun 2009	—	—

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 (199)

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

199 months


May 2026	0	5,752	106.41	3.05	$17,520
Apr 2026	0	5,265	98.93	2.87	$15,109
Mar 2026	0	5,803	89.75	3.15	$18,276
Feb 2026	0	5,600	63.50	3.75	$21,002
Jan 2026	176	7,507	59.13	8.00	$70,447
Dec 2025	0	6,509	56.66	4.41	$28,727
Nov 2025	0	6,309	58.59	3.93	$24,772
Oct 2025	0	7,159	59.38	3.30	$23,659
Sep 2025	0	4,068	62.74	3.08	$12,517
Aug 2025	0	7,662	63.93	3.01	$23,099
Jul 2025	0	7,878	66.74	3.32	$26,117
Jun 2025	0	7,578	66.48	3.13	$23,709
May 2025	0	7,910	60.55	3.23	$25,568
Apr 2025	0	7,726	62.36	3.54	$27,374
Mar 2025	0	7,787	67.70	4.27	$33,237
Feb 2025	0	5,805	70.88	4.34	$25,199
Jan 2025	0	6,176	74.32	4.28	$26,425
Dec 2024	0	7,638	68.99	3.12	$23,841
Nov 2024	0	5,620	69.05	2.20	$12,355
Oct 2024	0	7,617	71.37	2.28	$17,377
Sep 2024	0	1,609	69.61	2.36	$3,804
Aug 2024	0	3,256	75.63	2.06	$6,719
Jul 2024	0	3,484	79.93	2.15	$7,479
Jun 2024	0	4,900	78.08	2.63	$12,907
May 2024	0	7,464	78.81	2.20	$16,409
Apr 2024	0	7,545	84.45	1.66	$12,519
Mar 2024	0	6,921	80.30	1.55	$10,694
Feb 2024	0	7,685	76.09	1.78	$13,707
Jan 2024	0	9,163	73.02	3.30	$30,216
Dec 2023	0	8,804	71.26	2.61	$22,985
Nov 2023	0	8,030	77.89	2.81	$22,545
Oct 2023	0	6,345	85.44	3.09	$19,589
Sep 2023	0	7,041	89.04	2.74	$19,257
Aug 2023	0	5,280	80.52	2.67	$14,113
Jul 2023	0	2,068	74.85	2.64	$5,463
Jun 2023	0	7,120	68.96	2.26	$16,080
May 2023	0	9,124	70.62	2.23	$20,323
Apr 2023	0	8,534	78.12	2.24	$19,097
Mar 2023	0	8,498	72.85	2.39	$20,337
Feb 2023	0	8,015	75.11	2.47	$19,762
Jan 2023	0	8,861	76.53	3.39	$30,019
Dec 2022	0	9,406	76.41	5.73	$53,888
Nov 2022	0	9,384	85.00	5.65	$52,984
Oct 2022	0	10,645	87.18	5.86	$62,420
Sep 2022	0	9,370	84.88	8.16	$76,494
Aug 2022	0	10,536	94.52	9.13	$96,164
Jul 2022	0	11,719	101.58	7.54	$88,386
Jun 2022	0	10,493	115.09	7.98	$83,705
May 2022	0	9,737	109.37	8.43	$82,113
Apr 2022	0	10,596	104.22	6.84	$72,451
Mar 2022	0	10,973	108.88	5.08	$55,703
Feb 2022	0	11,136	91.05	4.86	$54,108
Jan 2022	0	15,850	81.84	4.54	$71,922
Dec 2021	0	13,281	71.32	3.90	$51,784
Nov 2021	0	10,826	77.43	5.24	$56,694
Oct 2021	0	10,675	79.79	5.71	$60,996
Sep 2021	0	9,916	69.86	5.35	$53,060
Aug 2021	0	10,451	66.02	4.22	$44,109
Jul 2021	0	10,822	70.78	3.98	$43,094
Jun 2021	0	11,378	69.49	3.38	$38,465
May 2021	0	12,388	63.48	3.02	$37,383
Apr 2021	0	15,509	60.36	2.76	$42,780
Mar 2021	0	16,127	61.30	2.72	$43,816
Feb 2021	0	284	57.80	5.55	$1,576
Jan 2021	0	5	50.41	2.81	$14
Dec 2020	0	0	44.64	2.68	$0
Nov 2020	0	97	38.77	2.71	$263
Oct 2020	0	7,995	36.97	2.48	$19,815
Sep 2020	0	0	37.09	1.99	$0
Aug 2020	0	771	39.98	2.39	$1,839
Jul 2020	0	29	38.37	1.83	$53
Jun 2020	0	8,989	34.90	1.69	$15,194
May 2020	0	9,605	16.92	1.81	$17,431
Apr 2020	0	8,999	14.75	1.80	$16,238
Mar 2020	0	9,183	30.34	1.86	$17,046
Feb 2020	0	8,546	49.88	1.98	$16,927
Jan 2020	0	9,458	57.25	2.09	$19,812
Dec 2019	0	10,308	59.01	2.30	$23,753
Nov 2019	0	8,832	55.30	2.75	$24,294
Oct 2019	0	9,426	53.47	2.42	$22,797
Sep 2019	83	9,238	55.05	2.66	$29,117
Aug 2019	0	9,394	53.11	2.30	$21,647
Jul 2019	0	10,253	56.27	2.46	$25,223
Jun 2019	0	9,714	52.78	2.49	$24,200
May 2019	0	9,476	58.48	2.74	$25,967
Apr 2019	0	10,008	62.63	2.75	$27,529
Mar 2019	0	9,571	56.80	3.06	$29,307
Feb 2019	0	8,831	50.85	2.79	$24,658
Jan 2019	0	10,212	46.03	3.23	$32,966
Dec 2018	0	9,949	46.59	4.19	$41,641
Nov 2018	0	10,823	52.93	4.24	$45,860
Oct 2018	0	10,091	61.44	3.40	$34,290
Sep 2018	0	9,788	59.54	3.11	$30,421
Aug 2018	0	10,065	59.40	3.07	$30,865
Jul 2018	0	9,544	65.14	2.93	$27,982
Jun 2018	96	9,889	60.18	3.08	$36,205
May 2018	0	10,249	65.38	2.90	$29,730
Apr 2018	0	10,682	63.84	2.90	$30,986
Mar 2018	0	11,090	61.22	2.79	$30,906
Feb 2018	0	9,637	61.78	2.77	$26,657
Jan 2018	0	10,452	62.87	4.01	$41,905
Dec 2017	0	5,727	57.27	2.92	$16,732
Nov 2017	0	10,299	55.42	3.12	$32,116
Oct 2017	0	11,200	49.29	2.98	$33,417
Sep 2017	111	10,704	47.52	3.09	$38,321
Aug 2017	0	11,052	45.37	3.00	$33,205
Jul 2017	0	11,241	43.87	3.09	$34,704
Jun 2017	0	10,824	42.49	3.09	$33,417
May 2017	0	11,538	45.37	3.26	$37,653
Apr 2017	0	11,145	47.93	3.21	$35,793
Mar 2017	0	10,054	46.77	2.98	$29,998
Feb 2017	48	10,793	50.45	2.95	$34,289
Jan 2017	0	12,367	49.41	3.42	$42,280
Dec 2016	1	12,294	48.76	3.72	$45,817
Nov 2016	99	12,204	42.49	2.64	$36,478
Oct 2016	0	12,353	46.19	3.09	$38,174
Sep 2016	0	12,046	41.55	3.10	$37,350
Aug 2016	0	12,604	41.44	2.92	$36,858
Jul 2016	75	12,953	41.62	2.92	$41,000
Jun 2016	0	12,976	45.35	2.69	$34,851
May 2016	0	13,734	42.52	1.99	$27,345
Apr 2016	0	13,470	36.56	1.99	$26,819
Mar 2016	125	13,785	33.01	1.79	$28,857
Feb 2016	0	12,857	26.47	2.06	$26,532
Jan 2016	93	13,684	27.35	2.36	$34,897
Dec 2015	1	13,766	32.36	2.00	$27,584
Nov 2015	0	13,232	38.79	2.17	$28,678
Oct 2015	0	13,906	43.55	2.43	$33,744
Sep 2015	0	14,073	42.99	2.76	$38,819
Aug 2015	102	14,428	40.16	2.87	$45,541
Jul 2015	0	14,413	48.15	2.95	$42,447
Jun 2015	0	14,057	56.15	2.88	$40,524
May 2015	107	14,407	55.21	2.96	$48,487
Apr 2015	0	14,001	49.82	2.71	$37,895
Mar 2015	89	15,073	42.89	2.93	$48,052
Feb 2015	0	13,504	44.66	2.98	$40,190
Jan 2015	0	15,106	43.43	3.10	$46,838
Dec 2014	0	15,590	54.69	3.59	$55,989
Nov 2014	65	15,087	70.46	4.25	$68,727
Oct 2014	48	15,476	78.30	3.90	$64,130
Sep 2014	0	15,298	86.16	4.05	$61,887
Aug 2014	0	16,073	89.39	4.04	$64,856
Jul 2014	102	16,296	96.56	4.18	$77,960
Jun 2014	0	15,979	98.16	4.74	$75,691
May 2014	0	17,020	94.73	4.73	$80,446
Apr 2014	0	16,361	95.94	4.81	$78,682
Mar 2014	124	17,289	95.89	5.06	$99,317
Feb 2014	0	15,470	97.40	6.19	$95,790
Jan 2014	0	17,662	90.40	4.86	$85,850
Dec 2013	58	17,978	91.82	4.35	$83,610
Nov 2013	0	17,207	88.85	3.74	$64,325
Oct 2013	94	18,137	97.42	3.78	$77,704
Sep 2013	0	17,738	104.11	3.72	$65,945
Aug 2013	93	18,868	104.25	3.52	$76,160
Jul 2013	0	19,084	102.52	3.72	$70,949
Jun 2013	0	18,825	94.40	3.93	$74,046
May 2013	128	19,765	94.83	4.15	$94,145
Apr 2013	0	19,047	93.96	4.28	$81,570
Mar 2013	0	20,421	93.62	3.91	$79,905
Feb 2013	83	18,872	91.23	3.42	$72,113
Jan 2013	0	21,280	91.60	3.42	$72,776
Dec 2012	66	21,695	86.77	3.42	$79,927
Nov 2012	112	21,036	86.95	3.62	$85,993
Oct 2012	0	22,300	89.38	3.40	$75,813
Sep 2012	174	21,955	94.67	2.92	$80,546
Aug 2012	0	23,445	92.66	2.91	$68,182
Jul 2012	0	23,244	85.13	3.02	$70,215
Jun 2012	186	22,550	79.82	2.52	$71,651
May 2012	0	23,550	91.61	2.49	$58,600
Apr 2012	0	23,287	101.65	2.00	$46,499
Mar 2012	167	24,572	105.05	2.22	$72,144
Feb 2012	0	23,621	101.10	2.57	$60,712
Jan 2012	176	25,655	98.09	2.73	$87,407
Dec 2011	0	26,032	96.87	3.24	$84,337
Nov 2011	0	25,644	95.72	3.31	$84,914
Oct 2011	190	26,574	84.98	3.65	$113,103
Sep 2011	0	26,505	83.62	3.99	$105,644
Aug 2011	193	27,895	83.40	4.15	$131,841
Jul 2011	0	28,329	94.14	4.52	$127,969
Jun 2011	191	27,971	92.90	4.64	$147,526
May 2011	175	29,885	98.13	4.40	$148,811
Apr 2011	0	29,186	105.96	4.33	$126,471
Mar 2011	184	30,837	96.36	4.06	$142,846
Feb 2011	188	28,483	85.64	4.18	$135,159
Jan 2011	190	32,097	86.50	4.59	$163,721
Dec 2010	0	33,064	85.73	4.35	$143,754
Nov 2010	184	33,062	80.84	3.80	$140,356
Oct 2010	200	35,679	78.10	3.51	$140,814
Sep 2010	187	32,852	72.63	3.98	$144,315
Aug 2010	205	36,577	73.68	4.42	$176,751
Jul 2010	192	38,915	72.55	4.74	$198,250
Jun 2010	183	39,056	70.36	4.91	$204,656
May 2010	402	42,782	71.12	4.24	$209,781
Apr 2010	192	44,271	81.69	4.12	$198,200
Mar 2010	375	49,921	78.39	4.39	$248,483
Feb 2010	195	51,422	73.58	5.44	$294,205
Jan 2010	408	74,831	74.36	5.96	$476,638
Dec 2009	955	112,830	71.44	5.48	$686,957
Nov 2009	0	52,607	74.59	3.75	$197,355

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.

May 2026 — as filed, then multipliedworked

Condensate             0 bbl  × $106.41 =         $0
Gas                5,752 Mcf  × $  3.05 =    $17,520

────────────────────────────────────────────────────
Month total                                  $17,520

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/254409 is the state's own key, not one this site invented.