THUNDER VALLEY 233 UNIT

Operated by THREE SPAN OIL & GAS, INC. (P-5 857911) in the GARDEN CITY, S. (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 55333District 08Field 33998500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$33.5 M
Jul 2020 – May 2026
Value, last 12 filed months
$2.0 M
at the published price for each month
Months reported
71
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 512 leases and 922 wells, and the rule below applies to all of them.

Discovered
1964-03-12
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 2014-05-22.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: COMMINGLING FEE. GRANTED PER DOCKET #08-0287087.

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
OilDisposition446,125 bbl$30,893,900
Casinghead gasProduction647,123 Mcf$2,585,628
Total$33,479,528

Every month this lease reported (71)

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

71 months

May 20262,3815,263106.413.05$269,392
Apr 20262,1865,31598.932.87$231,514
Mar 20261,1414,02389.753.15$115,075
Feb 20261,28394463.503.75$85,011
Jan 20267531,47259.138.00$56,298
Dec 20252,4077,12256.664.41$167,813
Nov 20252,3787,40358.593.93$168,394
Oct 20252,5516,36559.383.30$172,514
Sep 20252,1729,14562.743.08$164,410
Aug 20252,8517,15163.933.01$203,823
Jul 20252,5145,97666.743.32$187,596
Jun 20252,6036,30966.483.13$192,787
May 20252,5895,12460.553.23$173,326
Apr 20252,7295,96962.363.54$191,329
Mar 20253,1505,87067.704.27$238,310
Feb 20252,4593,32370.884.34$188,719
Jan 20252,4374,60274.324.28$200,808
Dec 20242,2783,40568.993.12$167,787
Nov 20242,6222,72169.052.20$187,031
Oct 20243,3325,01371.372.28$249,242
Sep 20242,2123,78569.612.36$162,926
Aug 20242,1663,55175.632.06$171,143
Jul 20242,3853,60479.932.15$198,369
Jun 20242,5714,60878.082.63$212,881
May 20243,1485,80778.812.20$260,860
Apr 20243,1374,10984.451.66$271,737
Mar 20242,9674,27380.301.55$244,852
Feb 20242,2542,91876.091.78$176,712
Jan 20243,3742,79373.023.30$255,580
Dec 20233,7554,50571.262.61$279,343
Nov 20232,5873,65377.892.81$211,757
Oct 20233,8607,11185.443.09$351,752
Sep 20237,098089.042.74$632,006
Aug 20232,7301,87580.522.67$224,831
Jul 20232,9375,44274.852.64$234,211
Jun 20233,3406,26068.962.26$244,464
May 20233,6767,32970.622.23$275,924
Apr 20233,6887,04578.122.24$303,872
Mar 20232,7625,95872.852.39$215,470
Feb 20234,8788,45075.112.47$387,222
Jan 20236,71914,19376.533.39$562,287
Dec 20228,55813,17776.415.73$729,409
Nov 20227,78115,82485.005.65$750,730
Oct 20229,91718,50387.185.86$973,061
Sep 202210,8497,12484.888.16$979,021
Aug 20225,2679,82894.529.13$587,539
Jul 20226,07511,555101.587.54$704,247
Jun 20228,39014,356115.097.98$1,080,126
May 20228,72615,292109.378.43$1,083,321
Apr 202211,85216,427104.226.84$1,347,537
Mar 20228,41211,752108.885.08$975,556
Feb 20229,1519,55991.054.86$879,644
Jan 20228,0557,07781.844.54$691,334
Dec 20215,2364,18171.323.90$389,734
Nov 202134824077.435.24$28,202
Oct 20217,79912,56879.795.71$694,094
Sep 20217,96716,92869.865.35$647,155
Aug 20219,35016,42666.024.22$686,614
Jul 202110,99114,09570.783.98$834,070
Jun 202111,23115,63669.493.38$833,302
May 202113,47619,14463.483.02$913,227
Apr 202117,91226,92860.362.76$1,155,447
Mar 202123,90930,03561.302.72$1,547,225
Feb 202116,50920,14557.805.55$1,065,984
Jan 202120,03719,53150.412.81$1,064,953
Dec 202012,92514,54844.642.68$615,895
Nov 202013,85013,52738.772.71$573,576
Oct 202020,89022,51136.972.48$828,095
Sep 20203,5715,42637.091.99$143,252
Aug 202021,22525,36939.982.39$909,083
Jul 20206,8069,62738.371.83$278,717

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
Oil                2,381 bbl  × $106.41 =   $253,362
Casinghead gas     5,263 Mcf  × $  3.05 =    $16,030

────────────────────────────────────────────────────
Month total                                 $269,392

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/55333 is the state's own key, not one this site invented.