THORNTON, HENRY GAS UNIT

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 257444District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.0 M
Jul 2010 – May 2021
Value, last 12 filed months
$17 k
at the published price for each month
Months reported
131
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 Gas112010-10-15199518
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
CondensateDisposition1,975 bbl$163,583
GasProduction501,440 Mcf$1,803,413
Total$1,966,995

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 32.3047, -94.5935. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.30474, -94.59349 · 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
10,625 ft
1 wells filed one
Completion to plug
10.8 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 10,625 ft.

Completions filed
Jul 2010
1 of 1 wells
Plug dates filed
May 2021
1 of 1 wells

Last completion to plug: a median of 10.8 years across the 1 well that filed both dates, with the middle half between 10.8 years and 10.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-40135098510,625 ftJul 2010May 2021Yes

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 (131)

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

131 months

May 2021015963.483.02$480
Apr 2021013260.362.76$364
Mar 2021022261.302.72$603
Feb 2021029157.805.55$1,614
Jan 2021031250.412.81$877
Dec 20203240344.642.68$2,507
Nov 2020050538.772.71$1,367
Oct 2020045136.972.48$1,118
Sep 2020066037.091.99$1,314
Aug 202011,03339.982.39$2,504
Jul 2020296138.371.83$1,831
Jun 202021,14634.901.69$2,007
May 2020497016.921.81$1,828
Apr 2020164214.751.80$1,173
Mar 2020053830.341.86$999
Feb 202021,00449.881.98$2,088
Jan 2020077557.252.09$1,623
Dec 201901,38159.012.30$3,182
Nov 201911,23155.302.75$3,441
Oct 201901,52653.472.42$3,691
Sep 201901,72755.052.66$4,589
Aug 201901,66653.112.30$3,839
Jul 201901,37856.272.46$3,390
Jun 201901,50552.782.49$3,749
May 2019591,83758.482.74$8,484
Apr 201901,56562.632.75$4,305
Mar 201901,96756.803.06$6,023
Feb 201901,56350.852.79$4,364
Jan 201901,60946.033.23$5,194
Dec 201801,94046.594.19$8,120
Nov 201802,03352.934.24$8,614
Oct 201802,29061.443.40$7,782
Sep 201811,20059.543.11$3,789
Aug 201811,48259.403.07$4,604
Jul 201801,09865.142.93$3,219
Jun 201811,61160.183.08$5,017
May 201801,99665.382.90$5,790
Apr 201801,97363.842.90$5,723
Mar 201803,53661.222.79$9,854
Feb 201802,28461.782.77$6,318
Jan 201802,29362.874.01$9,193
Dec 2017066057.272.92$1,928
Nov 201701,69155.423.12$5,273
Oct 201712,29849.292.98$6,906
Sep 201712,34147.523.09$7,275
Aug 201703,22745.373.00$9,695
Jul 201713,29543.873.09$10,216
Jun 201703,07742.493.09$9,500
May 2017593,08045.373.26$12,728
Apr 201712,49747.933.21$8,067
Mar 201722,95646.772.98$8,913
Feb 201712,63750.452.95$7,836
Jan 201712,06949.413.42$7,123
Dec 201612,09048.763.72$7,829
Nov 201613,07642.492.64$8,177
Oct 201613,52646.193.09$10,942
Sep 201612,22741.553.10$6,947
Aug 201612,03041.442.92$5,978
Jul 201602,27841.622.92$6,662
Jun 201612,67345.352.69$7,225
May 201612,73042.521.99$5,478
Apr 201601,77236.561.99$3,528
Mar 201611,98133.011.79$3,587
Feb 201601,79926.472.06$3,712
Jan 2016382,17127.352.36$6,172
Dec 201502,84832.362.00$5,700
Nov 201512,95938.792.17$6,452
Oct 201513,29443.552.43$8,037
Sep 201503,40342.992.76$9,387
Aug 201513,38440.162.87$9,761
Jul 201503,01348.152.95$8,874
Jun 2015502,95456.152.88$11,323
May 201513,09555.212.96$9,202
Apr 2015563,12149.822.71$11,237
Mar 201513,35342.892.93$9,883
Feb 201523,24844.662.98$9,756
Jan 201503,56543.433.10$11,054
Dec 201413,60754.693.59$13,009
Nov 201412,74470.464.25$11,738
Oct 201413,26278.303.90$12,803
Sep 201423,41086.164.05$13,967
Aug 201413,81589.394.04$15,483
Jul 2014543,93296.564.18$21,648
Jun 201413,28698.164.74$15,664
May 201413,64894.734.73$17,337
Apr 201412,92695.944.81$14,167
Mar 2014573,56795.895.06$23,503
Feb 201413,18797.406.19$19,831
Jan 201403,09990.404.86$15,063
Dec 201303,01391.824.35$13,120
Nov 2013473,22588.853.74$16,232
Oct 201303,45897.423.78$13,069
Sep 201304,190104.113.72$15,577
Aug 2013544,185104.253.52$20,372
Jul 201354,744102.523.72$18,150
Jun 201324,80694.403.93$19,093
May 201305,25394.834.15$21,795
Apr 2013635,08393.964.28$27,688
Mar 201355,30293.623.91$21,214
Feb 201324,30091.233.42$14,888
Jan 201314,21091.603.42$14,489
Dec 2012412,56186.773.42$12,317
Nov 201222,79086.953.62$10,288
Oct 2012412,80189.383.40$13,187
Sep 201203,30394.672.92$9,639
Aug 201223,08692.662.91$9,160
Jul 2012523,73285.133.02$15,700
Jun 201214,56079.822.52$11,567
May 2012615,02191.612.49$18,082
Apr 201204,619101.652.00$9,223
Mar 2012674,961105.052.22$18,062
Feb 2012685,082101.102.57$19,937
Jan 201245,28698.092.73$14,845
Dec 2011695,36696.873.24$24,068
Nov 201105,84595.723.31$19,354
Oct 201117,29684.983.65$26,705
Sep 2011647,38283.623.99$34,775
Aug 201157,89083.404.15$33,155
Jul 2011567,53394.144.52$39,300
Jun 2011718,09792.904.64$44,165
May 201158,79898.134.40$39,244
Apr 20119812,701105.964.33$65,421
Mar 20117210,10596.364.06$47,937
Feb 201158,58385.644.18$36,305
Jan 20118311,25786.504.59$58,835
Dec 20109912,58085.734.35$63,182
Nov 201013714,65780.843.80$66,703
Oct 20106916,81078.103.51$64,373
Sep 201014940,41072.633.98$171,632
Aug 20102022,83773.684.42$102,399
Jul 201003,92672.554.74$18,595

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 2021 — as filed, then multipliedworked
Condensate             0 bbl  × $ 63.48 =         $0
Gas                  159 Mcf  × $  3.02 =       $480

────────────────────────────────────────────────────
Month total                                     $480

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/257444 is the state's own key, not one this site invented.