THIGPIN, J. N. "B"

Operated by HENDRIX, JOHN H. CORPORATION (P-5 378256) in the THIGPIN (DEVONIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 87572District 08Field 89366200NGPA filingCondensateGasSaveExport
Value, all time
$326 k
Jan 1993 – Aug 1999
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
80
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 9 leases and 9 wells, and the rule below applies to all of them.

Discovered
1979-12-18
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 80 acres. The field rule took effect on 1989-12-04.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 12/01/2008.

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
NGPA2none

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
CondensateDisposition3,398 bbl$52,813
GasProduction1,128,761 Mcf$273,502
Total$326,315

1,017,395 Mcf of this lease's gas, across 48 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 (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 30.7511, -101.8805. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.75110, -101.88048 · 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
7,982 ft
1 wells filed one
Completion to plug
19.5 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 7,982 ft.

Completions filed
Feb 1980
1 of 1 wells
Plug dates filed
Aug 1999
1 of 1 wells

Last completion to plug: a median of 19.5 years across the 1 well that filed both dates, with the middle half between 19.5 years and 19.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3713297717,982 ftFeb 1980Aug 1999Yes

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 (80)

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

80 months

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 199832509.201.77$2,990
Nov 19980010.892.19$0
Oct 19981248012.421.97$1,094
Sep 1998299112.592.08$2,089
Aug 199811,91611.301.91$3,666
Jul 1998123,13311.742.24$7,150
Jun 199873,74011.242.24$8,446
May 199804,83512.622.21$10,668
Apr 1998124,04213.042.51$10,283
Mar 199833,34912.802.31$7,773
Feb 199815,08213.952.30$11,698
Jan 199804,64014.702.15$9,998
Dec 19971134,01916.322.41$11,534
Nov 199705,17218.193.09$15,972
Oct 199706,83919.253.15$21,542
Sep 199706,75117.742.95$19,948
Aug 199706,13817.862.55$15,681
Jul 199708,99117.582.25$20,202
Jun 19971539,80117.242.26$24,761
May 1997010,45618.972.31$24,138
Apr 199703,25417.882.08$6,777
Mar 199708,64118.951.94$16,756
Feb 199702,83120.492.21$6,245
Jan 199706,26523.483.54$22,176
Dec 199603,00323.32$0
Nov 199688,87121.97$176
Oct 199678,81923.31$163
Sep 1996814,69422.22$178
Aug 1996016,36620.26$0
Jul 1996017,10019.55$0
Jun 1996718,37918.73$131
May 199617911,74819.43$3,478
Apr 199637,24021.51$65
Mar 1996012,14619.38$0
Feb 19963418,51716.98$577
Jan 19961115,97317.07$188
Dec 19951318,81117.19$223
Nov 1995015,85016.00$0
Oct 19957119,44715.43$1,096
Sep 1995020,08716.18$0
Aug 1995021,30915.92$0
Jul 199522021,94515.24$3,353
Jun 1995415,97316.41$66
May 1995018,05917.56$0
Apr 1995015,28717.73$0
Mar 1995311,31916.44$49
Feb 1995018,54816.58$0
Jan 1995025,16415.92$0
Dec 1994125,42615.03$15
Nov 199443822,77315.90$6,964
Oct 1994023,62615.58$0
Sep 1994122,27315.29$15
Aug 1994021,66016.13$0
Jul 199418529,46317.56$3,249
Jun 19943428,85717.09$581
May 1994026,60315.88$0
Apr 1994028,09014.14$0
Mar 199418725,32212.46$2,330
Feb 199422623,76412.50$2,825
Jan 1994019,98612.66$0
Dec 1993024,32212.33$0
Nov 1993033,65814.49$0
Oct 199318826,31515.85$2,980
Sep 199318431,28215.03$2,766
Aug 1993026,82615.66$0
Jul 1993032,28815.46$0
Jun 1993031,06216.79$0
May 199334318,64117.68$6,064
Apr 1993228,69318.05$36
Mar 1993030,14018.14$0
Feb 199340027,23217.90$7,160
Jan 1993034,43816.93$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.

Dec 1998 — as filed, then multipliedworked
Condensate           325 bbl  × $  9.20 =     $2,990
Gas                    0 Mcf  × $  1.77 =         $0

────────────────────────────────────────────────────
Month total                                   $2,990

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. 08/G/87572 is the state's own key, not one this site invented.