THOMPSON

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the OVERTON (COTTON VALLEY SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 281537District 06Field 67849150CondensateGasSave
Value, all time
$13.7 M
Aug 2016 – May 2026
Value, last 12 filed months
$522 k
at the published price for each month
Months reported
118
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition94,283 bbl$5,100,612
GasProduction2,692,230 Mcf$8,610,441
Total$13,711,053

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 32.1120, -95.0608. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.11200, -95.06078 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
11,664 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 11,664 ft.

Completions filed
Jul 2025
1 of 1 wells

1 well

42-073315492H11,664 ftJul 2025

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 (118)

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

118 months

May 20262538,236106.413.05$52,007
Apr 20261798,55298.932.87$42,250
Mar 20262229,22189.753.15$48,965
Feb 20261808,51963.503.75$43,379
Jan 202624310,03759.138.00$94,644
Dec 2025704,36656.664.41$23,235
Nov 20251888,92058.593.93$46,039
Oct 20252649,17859.383.30$46,008
Sep 20252218,75162.743.08$40,792
Aug 20252028,33763.933.01$38,048
Jul 2025715,20566.743.32$21,994
Jun 2025885,96966.483.13$24,526
May 20251035,41360.553.23$23,733
Apr 20251477,49962.363.54$35,737
Mar 20251238,39867.704.27$44,172
Feb 2025503,11470.884.34$17,061
Jan 20251527,14674.324.28$41,872
Dec 20241337,74568.993.12$33,351
Nov 20241197,97069.052.20$25,739
Oct 20241348,41571.372.28$28,762
Sep 20241328,38169.612.36$29,004
Aug 20241068,59175.632.06$25,745
Jul 20241699,03079.932.15$32,892
Jun 20241478,86078.082.63$34,815
May 20242139,22078.812.20$37,056
Apr 20242429,37884.451.66$35,997
Mar 202423810,89080.301.55$35,938
Feb 202429610,32476.091.78$40,937
Jan 202433311,99273.023.30$63,861
Dec 202334012,16371.262.61$55,983
Nov 202335612,37277.892.81$62,464
Oct 202328210,80985.443.09$57,464
Sep 202326612,04589.042.74$56,628
Aug 202327512,17680.522.67$54,688
Jul 202322511,88774.852.64$48,244
Jun 202326911,72668.962.26$45,033
May 202340814,77770.622.23$61,727
Apr 202337313,94478.122.24$60,342
Mar 202340014,17072.852.39$63,051
Feb 202323512,48175.112.47$48,425
Jan 20231174,82876.533.39$25,310
Dec 20221733,98276.415.73$36,032
Nov 20222298,96085.005.65$70,055
Oct 20222958,57787.185.86$76,012
Sep 20222598,99984.888.16$95,449
Aug 20222699,62694.529.13$113,284
Jul 202224010,199101.587.54$101,301
Jun 202222410,761115.097.98$111,623
May 202227510,032109.378.43$114,677
Apr 202229810,087104.226.84$100,028
Mar 202225411,510108.885.08$86,085
Feb 202230410,72491.054.86$79,785
Jan 202231912,10181.844.54$81,017
Dec 202133712,65171.323.90$73,363
Nov 202130511,97277.435.24$86,312
Oct 202129112,25379.795.71$93,231
Sep 202129511,45269.865.35$81,887
Aug 202126610,53366.024.22$62,017
Jul 202129711,44470.783.98$66,593
Jun 202131811,43669.493.38$60,759
May 202139113,66463.483.02$66,054
Apr 202142913,61560.362.76$63,450
Mar 202142514,78861.302.72$66,231
Feb 20213239,97357.805.55$73,999
Jan 202142914,86450.412.81$63,398
Dec 202046614,89844.642.68$60,661
Nov 202047814,88738.772.71$58,825
Oct 202050315,39136.972.48$56,741
Sep 202043415,25337.091.99$46,466
Aug 202050516,11539.982.39$58,626
Jul 202062413,04938.371.83$47,759
Jun 202070716,08634.901.69$51,865
May 202057317,25316.921.81$41,005
Apr 202079117,22814.751.80$42,753
Mar 202091317,62330.341.86$60,413
Feb 202072516,16049.881.98$68,171
Jan 202097218,23457.252.09$93,842
Dec 201999318,82759.012.30$101,981
Nov 201987617,21255.302.75$95,788
Oct 201996220,19953.472.42$100,290
Sep 20191,05520,33555.052.66$112,114
Aug 201997220,94953.112.30$99,897
Jul 201979521,11756.272.46$96,684
Jun 201968721,29852.782.49$89,317
May 201970322,45858.482.74$102,654
Apr 201976622,87362.632.75$110,891
Mar 20191,04523,60656.803.06$131,640
Feb 201989421,95550.852.79$106,763
Jan 20191,15625,68846.033.23$136,136
Dec 20181,04124,95446.594.19$152,944
Nov 20181,08925,00052.934.24$163,572
Oct 20181,35925,06961.443.40$168,683
Sep 201895225,02659.543.11$134,463
Aug 20181,36027,21059.403.07$164,225
Jul 201891326,89865.142.93$138,335
Jun 201884426,68760.183.08$132,906
May 201897734,23665.382.90$163,188
Apr 20181,42129,63563.842.90$176,682
Mar 20181,08832,81461.222.79$158,055
Feb 20181,54840,13061.782.77$206,640
Jan 20181,79047,36362.874.01$302,431
Dec 20172,02149,18157.272.92$259,426
Nov 20171,56444,52355.423.12$225,516
Oct 20172,10651,41949.292.98$257,223
Sep 20172,09254,22847.523.09$266,829
Aug 20172,17260,86145.373.00$281,394
Jul 20172,54363,55843.873.09$307,783
Jun 20172,31261,64142.493.09$288,540
May 20172,75965,20145.373.26$337,953
Apr 20172,83771,66147.933.21$366,124
Mar 20173,24478,82346.772.98$386,904
Feb 20172,98079,16250.452.95$384,075
Jan 20173,605108,87749.413.42$550,352
Dec 20163,889126,67348.763.72$661,210
Nov 20163,944109,56842.492.64$457,317
Oct 20165,317138,70346.193.09$674,221
Sep 20162,10668,72641.553.10$300,598
Aug 2016647141.442.92$1,626

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           253 bbl  × $106.41 =    $26,922
Gas                8,236 Mcf  × $  3.05 =    $25,086

────────────────────────────────────────────────────
Month total                                  $52,007

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/281537 is the state's own key, not one this site invented.