THOMPSON UNIT

Operated by MILES PRODUCTION CO. (P-5 567000) in the PERRIN, EAST (3500 STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 104069District 09Field 70641050NGPA filingCondensateGasSaveExport
Value, all time
$4 k
Jan 1993 – Apr 1996
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
40
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1982-11-23
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
CondensateDisposition231 bbl$3,581
GasProduction26,271 Mcf$0
Total$3,581

26,271 Mcf of this lease's gas, across 38 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 33.0220, -98.0161. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.02196, -98.01613 · 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
5,360 ft
1 wells filed one
Completion to plug
13.3 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 5,360 ft.

Completions filed
Nov 1982
1 of 1 wells
Plug dates filed
Feb 1996
1 of 1 wells

Last completion to plug: a median of 13.3 years across the 1 well that filed both dates, with the middle half between 13.3 years and 13.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2373465225,360 ftNov 1982Feb 1996Yes

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 (40)

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

40 months

Apr 19960021.51$0
Mar 19960019.38$0
Feb 19969428516.98$1,596
Jan 1996050217.07$0
Dec 1995058617.19$0
Nov 1995055616.00$0
Oct 1995059115.43$0
Sep 1995059316.18$0
Aug 1995054915.92$0
Jul 1995015815.24$0
Jun 1995065916.41$0
May 1995064417.56$0
Apr 1995068617.73$0
Mar 1995071816.44$0
Feb 1995066016.58$0
Jan 1995067515.92$0
Dec 1994053515.03$0
Nov 1994068615.90$0
Oct 1994083115.58$0
Sep 1994070815.29$0
Aug 1994075116.13$0
Jul 1994080217.56$0
Jun 1994078217.09$0
May 1994075415.88$0
Apr 1994077914.14$0
Mar 1994079012.46$0
Feb 1994070812.50$0
Jan 1994078612.66$0
Dec 1993071012.33$0
Nov 199313775214.49$1,985
Oct 1993077915.85$0
Sep 1993085015.03$0
Aug 1993086815.66$0
Jul 1993077615.46$0
Jun 1993079516.79$0
May 1993084817.68$0
Apr 1993078718.05$0
Mar 1993081618.14$0
Feb 1993069917.90$0
Jan 1993081716.93$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.

Feb 1996 — as filed, then multipliedworked
Condensate            94 bbl  × $ 16.98 =     $1,596
Gas                  285 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                   $1,596

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. 09/G/104069 is the state's own key, not one this site invented.