THOMAS 2

Name: THOMAS 2 lease production and value, May 2007 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by SM ENERGY COMPANY (P-5 788997) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 38353District 08Field 85280300OilCasinghead gasSave Export

Value, all time

$5.2 M

May 2007 – Jan 2021

Value, last 12 filed months

$26 k

at the published price for each month

Months reported

165

no gaps in the span

Streams

oil, casinghead gas

The SPRABERRY (TREND AREA) field

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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered

1952-12-22

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: “SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.”

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.

Stream	Basis	Volume	Value
Oil	Disposition	62,997 bbl	$4,548,142
Casinghead gas	Production	160,157 Mcf	$662,974
Total			$5,211,116

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 32.3404, -101.5449. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.34045, -101.54491 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

9,442 ft

2 wells filed one

Completion to plug

10.6 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 8,955 and 9,928 ft, median 9,442 ft, over the 2 wells that filed a depth.

Completions filed

May 2007 – Dec 2012

2 of 2 wells

Plug dates filed

Sep 2020 – Oct 2020

2 of 2 wells

Last completion to plug: a median of 10.6 years across the 2 wells that filed both dates, with the middle half between 9.3 years and 12.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-22737125	2K	9,928 ft	Dec 2012	Oct 2020	Yes
42-22736038	2	8,955 ft	May 2007	Sep 2020	Yes

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 (165)

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

165 months


Jan 2021	0	0	50.41	2.81	$0
Dec 2020	0	0	44.64	2.68	$0
Nov 2020	0	0	38.77	2.71	$0
Oct 2020	71	0	36.97	2.48	$2,625
Sep 2020	0	4	37.09	1.99	$8
Aug 2020	0	0	39.98	2.39	$0
Jul 2020	0	0	38.37	1.83	$0
Jun 2020	0	0	34.90	1.69	$0
May 2020	164	89	16.92	1.81	$2,936
Apr 2020	0	258	14.75	1.80	$466
Mar 2020	338	301	30.34	1.86	$10,814
Feb 2020	169	533	49.88	1.98	$9,485
Jan 2020	499	748	57.25	2.09	$30,135
Dec 2019	2	823	59.01	2.30	$2,015
Nov 2019	335	330	55.30	2.75	$19,433
Oct 2019	170	248	53.47	2.42	$9,690
Sep 2019	340	258	55.05	2.66	$19,403
Aug 2019	165	505	53.11	2.30	$9,927
Jul 2019	342	935	56.27	2.46	$21,545
Jun 2019	166	975	52.78	2.49	$11,190
May 2019	335	1,008	58.48	2.74	$22,353
Apr 2019	252	1,077	62.63	2.75	$18,745
Mar 2019	355	975	56.80	3.06	$23,150
Feb 2019	192	967	50.85	2.79	$12,463
Jan 2019	591	909	46.03	3.23	$30,138
Dec 2018	163	831	46.59	4.19	$11,072
Nov 2018	373	690	52.93	4.24	$22,667
Oct 2018	324	470	61.44	3.40	$21,504
Sep 2018	165	385	59.54	3.11	$11,021
Aug 2018	160	438	59.40	3.07	$10,847
Jul 2018	332	591	65.14	2.93	$23,359
Jun 2018	176	568	60.18	3.08	$12,339
May 2018	360	715	65.38	2.90	$25,611
Apr 2018	360	492	63.84	2.90	$24,410
Mar 2018	170	649	61.22	2.79	$12,216
Feb 2018	352	866	61.78	2.77	$24,142
Jan 2018	355	640	62.87	4.01	$24,885
Dec 2017	337	1,225	57.27	2.92	$22,879
Nov 2017	513	1,166	55.42	3.12	$32,066
Oct 2017	531	1,181	49.29	2.98	$29,697
Sep 2017	1,069	1,082	47.52	3.09	$54,139
Aug 2017	351	696	45.37	3.00	$18,016
Jul 2017	361	384	43.87	3.09	$17,023
Jun 2017	18	182	42.49	3.09	$1,327
May 2017	179	0	45.37	3.26	$8,121
Apr 2017	0	285	47.93	3.21	$915
Mar 2017	169	892	46.77	2.98	$10,566
Feb 2017	541	951	50.45	2.95	$30,101
Jan 2017	200	1,197	49.41	3.42	$13,974
Dec 2016	558	1,532	48.76	3.72	$32,911
Nov 2016	177	1,718	42.49	2.64	$12,064
Oct 2016	283	864	46.19	3.09	$15,742
Sep 2016	362	612	41.55	3.10	$16,939
Aug 2016	10	1,045	41.44	2.92	$3,470
Jul 2016	202	1,131	41.62	2.92	$11,715
Jun 2016	193	1,186	45.35	2.69	$11,938
May 2016	553	1,391	42.52	1.99	$26,283
Apr 2016	196	1,297	36.56	1.99	$9,748
Mar 2016	11	1,268	33.01	1.79	$2,638
Feb 2016	183	1,754	26.47	2.06	$8,464
Jan 2016	376	1,473	27.35	2.36	$13,766
Dec 2015	191	2,483	32.36	2.00	$11,150
Nov 2015	188	2,219	38.79	2.17	$12,102
Oct 2015	363	2,346	43.55	2.43	$21,501
Sep 2015	359	1,602	42.99	2.76	$19,852
Aug 2015	364	1,678	40.16	2.87	$19,438
Jul 2015	166	2,379	48.15	2.95	$14,999
Jun 2015	368	1,948	56.15	2.88	$26,279
May 2015	541	2,001	55.21	2.96	$35,782
Apr 2015	378	1,851	49.82	2.71	$23,842
Mar 2015	349	1,989	42.89	2.93	$20,806
Feb 2015	541	1,854	44.66	2.98	$29,679
Jan 2015	362	2,054	43.43	3.10	$22,090
Dec 2014	541	1,584	54.69	3.59	$35,276
Nov 2014	365	1,903	70.46	4.25	$33,809
Oct 2014	356	1,583	78.30	3.90	$34,050
Sep 2014	364	1,582	86.16	4.05	$37,762
Aug 2014	349	1,567	89.39	4.04	$37,520
Jul 2014	547	1,514	96.56	4.18	$59,146
Jun 2014	189	1,514	98.16	4.74	$25,724
May 2014	551	1,550	94.73	4.73	$59,522
Apr 2014	210	1,240	95.94	4.81	$26,111
Mar 2014	567	1,401	95.89	5.06	$61,454
Feb 2014	389	1,421	97.40	6.19	$46,687
Jan 2014	379	1,551	90.40	4.86	$41,801
Dec 2013	217	1,195	91.82	4.35	$25,129
Nov 2013	383	1,054	88.85	3.74	$37,970
Oct 2013	393	1,385	97.42	3.78	$43,520
Sep 2013	360	1,348	104.11	3.72	$42,491
Aug 2013	357	943	104.25	3.52	$40,539
Jul 2013	683	1,287	102.52	3.72	$74,806
Jun 2013	348	1,843	94.40	3.93	$40,100
May 2013	357	1,577	94.83	4.15	$40,397
Apr 2013	372	2,292	93.96	4.28	$44,769
Mar 2013	535	2,618	93.62	3.91	$60,331
Feb 2013	671	2,465	91.23	3.42	$69,645
Jan 2013	1,063	2,664	91.60	3.42	$106,481
Dec 2012	868	2,349	86.77	3.42	$83,350
Nov 2012	355	566	86.95	3.62	$32,919
Oct 2012	1	233	89.38	3.40	$882
Sep 2012	0	674	94.67	2.92	$1,967
Aug 2012	186	793	92.66	2.91	$19,541
Jul 2012	187	390	85.13	3.02	$17,097
Jun 2012	192	266	79.82	2.52	$15,996
May 2012	370	738	91.61	2.49	$35,732
Apr 2012	181	819	101.65	2.00	$20,034
Mar 2012	377	798	105.05	2.22	$41,377
Feb 2012	182	655	101.10	2.57	$20,084
Jan 2012	180	623	98.09	2.73	$19,360
Dec 2011	187	668	96.87	3.24	$20,279
Nov 2011	189	713	95.72	3.31	$20,452
Oct 2011	179	522	84.98	3.65	$17,116
Sep 2011	360	641	83.62	3.99	$32,658
Aug 2011	179	700	83.40	4.15	$17,833
Jul 2011	360	511	94.14	4.52	$36,199
Jun 2011	178	390	92.90	4.64	$18,346
May 2011	168	876	98.13	4.40	$20,344
Apr 2011	375	634	105.96	4.33	$42,482
Mar 2011	172	176	96.36	4.06	$17,288
Feb 2011	363	632	85.64	4.18	$33,729
Jan 2011	187	871	86.50	4.59	$20,172
Dec 2010	358	928	85.73	4.35	$34,726
Nov 2010	366	942	80.84	3.80	$33,163
Oct 2010	359	924	78.10	3.51	$31,280
Sep 2010	174	872	72.63	3.98	$16,108
Aug 2010	359	735	73.68	4.42	$29,699
Jul 2010	342	362	72.55	4.74	$26,527
Jun 2010	532	39	70.36	4.91	$37,623
May 2010	367	196	71.12	4.24	$26,931
Apr 2010	184	306	81.69	4.12	$16,293
Mar 2010	2	290	78.39	4.39	$1,429
Feb 2010	360	637	73.58	5.44	$29,956
Jan 2010	382	771	74.36	5.96	$33,004
Dec 2009	528	856	71.44	5.48	$42,414
Nov 2009	360	229	74.59	3.75	$27,711
Oct 2009	183	455	72.54	4.11	$15,145
Sep 2009	530	312	65.54	3.06	$35,692
Aug 2009	542	490	67.42	3.22	$38,119
Jul 2009	362	394	61.13	3.46	$23,494
Jun 2009	358	766	66.16	3.90	$26,669
May 2009	548	676	54.74	3.93	$32,651
Apr 2009	349	406	46.77	3.59	$17,779
Mar 2009	358	406	42.14	4.06	$16,734
Feb 2009	357	428	32.81	4.63	$13,696
Jan 2009	544	532	35.86	5.37	$22,365
Dec 2008	534	372	37.10	5.98	$22,035
Nov 2008	549	310	55.49	6.86	$32,591
Oct 2008	524	432	75.24	6.92	$42,416
Sep 2008	509	242	101.76	7.88	$53,702
Aug 2008	521	141	114.22	8.48	$60,705
Jul 2008	497	816	131.08	11.39	$74,441
Jun 2008	518	1,493	131.33	13.03	$87,487
May 2008	670	1,407	123.17	11.57	$98,809
Apr 2008	668	1,327	110.31	10.45	$87,561
Mar 2008	676	1,484	101.90	9.66	$83,226
Feb 2008	609	1,443	92.53	8.77	$69,007
Jan 2008	847	1,607	90.38	8.21	$89,738
Dec 2007	985	1,404	88.33	7.30	$97,257
Nov 2007	843	1,459	91.67	7.29	$87,916
Oct 2007	1,004	1,312	82.85	6.92	$92,263
Sep 2007	1,356	1,614	75.84	6.24	$112,917
Aug 2007	1,400	1,139	69.06	6.39	$103,960
Jul 2007	1,815	2,993	70.90	6.39	$147,803
Jun 2007	3,827	3,697	62.00	7.55	$265,181
May 2007	0	0	58.74	7.85	$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 2020 — as filed, then multipliedworked

Oil                   71 bbl  × $ 36.97 =     $2,625
Casinghead gas         0 Mcf  × $  2.48 =         $0

────────────────────────────────────────────────────
Month total                                   $2,625

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/O/38353 is the state's own key, not one this site invented.