THOMAS

Operated by E2 OPERATING LLC (P-5 238475) in the EASTHAM STATE FARM (GLENROSE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 280167District 06Field 27347500CondensateGasSaveExport
Value, all time
$1.8 M
Feb 2015 – May 2026
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
136
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 71 leases and 71 wells, and the rule below applies to all of them.

Discovered
1983-06-01
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
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2016-09-12.

The Commission's schedule remark for this field reads: AMENDED.

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
CondensateDisposition33,210 bbl$1,603,887
GasProduction69,518 Mcf$195,404
Total$1,799,291

Every month this lease reported (136)

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

136 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 202560058.593.93$3,515
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 202501566.483.13$47
May 2025012860.553.23$414
Apr 2025012162.363.54$429
Mar 20257113967.704.27$5,400
Feb 2025013370.884.34$577
Jan 2025014574.324.28$620
Dec 202470068.993.12$4,829
Nov 20240069.052.20$0
Oct 202489071.372.28$6,352
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 2024178078.812.20$14,028
Apr 2024182084.451.66$15,370
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 202342071.262.61$2,993
Nov 2023774777.892.81$6,129
Oct 202336085.443.09$3,076
Sep 202366089.042.74$5,877
Aug 2023132080.522.67$10,629
Jul 20230074.852.64$0
Jun 2023124068.962.26$8,551
May 20230070.622.23$0
Apr 2023146078.122.24$11,406
Mar 20230772.852.39$17
Feb 20230075.112.47$0
Jan 202306576.533.39$220
Dec 20221945176.415.73$15,116
Nov 20220085.005.65$0
Oct 202207987.185.86$463
Sep 20220184.888.16$8
Aug 2022841294.529.13$8,049
Jul 202203101.587.54$23
Jun 20221468115.097.98$16,867
May 202200109.378.43$0
Apr 202203104.226.84$21
Mar 202211829108.885.08$12,995
Feb 20220091.054.86$0
Jan 2022643081.844.54$5,374
Dec 202140071.323.90$2,853
Nov 202111077.435.24$130
Oct 20212079.795.71$160
Sep 202183069.865.35$5,798
Aug 20214119966.024.22$3,547
Jul 2021130070.783.98$9,201
Jun 20211626169.493.38$11,464
May 202180563.483.02$5,093
Apr 20211060.362.76$60
Mar 202112610361.302.72$8,004
Feb 202121414057.805.55$13,146
Jan 202106250.412.81$174
Dec 20201559744.642.68$7,179
Nov 202014116538.772.71$5,913
Oct 20201717936.972.48$6,518
Sep 202004237.091.99$84
Aug 202037643239.982.39$16,063
Jul 202003038.371.83$55
Jun 20201893734.901.69$6,659
May 2020025116.921.81$456
Apr 202036031914.751.80$5,886
Mar 2020022030.341.86$408
Feb 20209610149.881.98$4,989
Jan 20200257.252.09$4
Dec 2019142759.012.30$8,396
Nov 201901355.302.75$36
Oct 20191042553.472.42$5,621
Sep 20192089055.052.66$11,690
Aug 201904353.112.30$99
Jul 201904856.272.46$118
Jun 201920513952.782.49$11,166
May 201906458.482.74$175
Apr 20191036462.632.75$6,627
Mar 20192056856.803.06$11,852
Feb 20192188650.852.79$11,325
Jan 2019012946.033.23$416
Dec 201820910546.594.19$10,177
Nov 201821110052.934.24$11,592
Oct 201810712961.443.40$7,012
Sep 201820820459.543.11$13,018
Aug 20182074959.403.07$12,446
Jul 20180065.142.93$0
Jun 201805060.183.08$154
May 2018018965.382.90$548
Apr 201840123163.842.90$26,270
Mar 201810619261.222.79$7,024
Feb 201808461.782.77$232
Jan 201810926762.874.01$7,923
Dec 201732724357.272.92$19,437
Nov 2017023855.423.12$742
Oct 201720334049.292.98$11,020
Sep 201710436847.523.09$6,078
Aug 201720742245.373.00$10,659
Jul 201721136843.873.09$10,393
Jun 201721422942.493.09$9,800
May 201721717345.373.26$10,410
Apr 201731719547.933.21$15,820
Mar 201731826546.772.98$15,664
Feb 201710029950.452.95$5,928
Jan 201730927949.413.42$16,222
Dec 201632093748.763.72$19,091
Nov 201641685342.492.64$19,931
Oct 20164251,00546.193.09$22,736
Sep 20163271,00541.553.10$16,703
Aug 201614326241.442.92$6,692
Jul 201619226241.622.92$8,757
Jun 20162481,10545.352.69$14,215
May 20162971,07742.521.99$14,773
Apr 201629593536.561.99$12,647
Mar 20163491,35833.011.79$13,957
Feb 20163481,06026.472.06$11,399
Jan 20163741,54027.352.36$13,870
Dec 20155311,77932.362.00$20,744
Nov 20153271,95038.792.17$16,911
Oct 20156081,77343.552.43$30,781
Sep 20156982,41142.992.76$36,658
Aug 20159763,01840.162.87$47,865
Jul 20159102,60848.152.95$51,497
Jun 20151,3795,43156.152.88$93,088
May 20151,6592,58755.212.96$99,239
Apr 20152,2444,86449.822.71$124,961
Mar 20154,4478,24342.892.93$214,923
Feb 20156,18014,28944.662.98$318,526

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.

Nov 2025 — as filed, then multipliedworked
Condensate            60 bbl  × $ 58.59 =     $3,515
Gas                    0 Mcf  × $  3.93 =         $0

────────────────────────────────────────────────────
Month total                                   $3,515

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/280167 is the state's own key, not one this site invented.