THOMPSON, K. E.

Operated by T & T OIL COMPANY (P-5 834190) in the ROANE (QUEEN CITY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11860District 06Field 77113500OilCasinghead gasSaveExport
Value, all time
$24 k
Jan 1993 – Dec 2002
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
120
no gaps in the span
Streams
2
oil, casinghead 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 6 leases and 7 wells, and the rule below applies to all of them.

Discovered
1963-07-06
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition1,281 bbl$24,194
Casinghead gasProduction54 Mcf$76
Total$24,270

23 Mcf of this lease's gas, across 22 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (2)

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 31.2010, -94.6355. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.20103, -94.63547 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
2,037 ft
2 wells filed one
Completion to plug
17.8 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 1,975 and 2,098 ft, median 2,037 ft, over the 2 wells that filed a depth.

Completions filed
Jul 1984 – Jul 1985
2 of 2 wells
Plug dates filed
Oct 2002
2 of 2 wells

Last completion to plug: a median of 17.8 years across the 2 wells that filed both dates, with the middle half between 17.5 years and 18.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-0053018821,975 ftJul 1985Oct 2002Yes
42-0053017712,098 ftJul 1984Oct 2002Yes

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 (120)

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

120 months

Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 200255026.464.23$1,455
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 200068025.272.48$1,718
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980712.802.31$16
Feb 19980713.952.30$16
Jan 19980114.702.15$2
Dec 19970116.322.41$2
Nov 19970718.193.09$22
Oct 19970019.253.15$0
Sep 199760017.742.95$1,064
Aug 19970017.862.55$0
Jul 19970117.582.25$2
Jun 199750717.242.26$878
May 19970018.972.31$0
Apr 199776017.882.08$1,359
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 199787023.483.54$2,043
Dec 19960023.32$0
Nov 19960021.97$0
Oct 199676023.31$1,772
Sep 19960022.22$0
Aug 19960020.26$0
Jul 199661019.55$1,193
Jun 199625018.73$468
May 199677019.43$1,496
Apr 19960021.51$0
Mar 19960019.38$0
Feb 199673016.98$1,240
Jan 19960017.07$0
Dec 1995103117.19$1,771
Nov 199551016.00$816
Oct 19950015.43$0
Sep 19950016.18$0
Aug 199583015.92$1,321
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 199479015.90$1,256
Oct 19940215.58$0
Sep 19940015.29$0
Aug 19940116.13$0
Jul 19940117.56$0
Jun 19940117.09$0
May 19940115.88$0
Apr 19940114.14$0
Mar 19940112.46$0
Feb 19940112.50$0
Jan 19940112.66$0
Dec 19930112.33$0
Nov 19930114.49$0
Oct 199379115.85$1,252
Sep 19930115.03$0
Aug 19930115.66$0
Jul 19930115.46$0
Jun 199377116.79$1,293
May 19930117.68$0
Apr 199349118.05$884
Mar 19930118.14$0
Feb 199352117.90$931
Jan 19930116.93$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.

Oct 2002 — as filed, then multipliedworked
Oil                   55 bbl  × $ 26.46 =     $1,455
Casinghead gas         0 Mcf  × $  4.23 =         $0

────────────────────────────────────────────────────
Month total                                   $1,455

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/O/11860 is the state's own key, not one this site invented.