THOMAS-WATSON

Operated by DUNCAN LAND & EXPLORATION, INC. (P-5 232290) in the ROYE (MISS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 224114District 09Field 78815500CondensateGasSaveExport
Value, all time
$444 k
Jun 2006 – May 2026
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
240
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 10 wells, and the rule below applies to all of them.

Discovered
1985-08-01
as the register files it
Field class
Oil and gas
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
CondensateDisposition427 bbl$32,211
GasProduction90,254 Mcf$411,885
Total$444,096

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 33.0481, -98.5907. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.04813, -98.59069 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
4,500 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 4,500 ft.

Completions filed
May 1986
1 of 1 wells

1 well

42-5033918414,500 ftMay 1986

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 (240)

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

240 months

May 20260271106.413.05$825
Apr 2026023998.932.87$686
Mar 2026018189.753.15$570
Feb 2026023363.503.75$874
Jan 2026020259.138.00$1,616
Dec 2025024656.664.41$1,086
Nov 2025021258.593.93$832
Oct 2025015559.383.30$512
Sep 2025016662.743.08$511
Aug 2025019263.933.01$579
Jul 2025019366.743.32$640
Jun 2025019966.483.13$623
May 2025017860.553.23$575
Apr 2025018562.363.54$655
Mar 2025018167.704.27$773
Feb 2025815770.884.34$1,249
Jan 2025015274.324.28$650
Dec 2024019768.993.12$615
Nov 2024012769.052.20$279
Oct 2024022271.372.28$506
Sep 202408069.612.36$189
Aug 2024015775.632.06$324
Jul 2024013779.932.15$294
Jun 2024013378.082.63$350
May 2024517478.812.20$777
Apr 202415617384.451.66$13,461
Mar 2024317780.301.55$514
Feb 2024019476.091.78$346
Jan 2024020673.023.30$679
Dec 2023021871.262.61$569
Nov 2023019677.892.81$550
Oct 2023025085.443.09$772
Sep 2023018589.042.74$506
Aug 2023012480.522.67$331
Jul 2023013674.852.64$359
Jun 2023016668.962.26$375
May 2023017270.622.23$383
Apr 2023017178.122.24$383
Mar 2023014472.852.39$345
Feb 2023015075.112.47$370
Jan 2023012576.533.39$423
Dec 2022017776.415.73$1,014
Nov 2022015385.005.65$864
Oct 2022013287.185.86$774
Sep 2022014184.888.16$1,151
Aug 2022012594.529.13$1,141
Jul 20220157101.587.54$1,184
Jun 20220150115.097.98$1,197
May 20220137109.378.43$1,155
Apr 20220132104.226.84$903
Mar 20220124108.885.08$629
Feb 202208691.054.86$418
Jan 2022013581.844.54$613
Dec 2021014671.323.90$569
Nov 2021014677.435.24$765
Oct 2021015179.795.71$863
Sep 2021015569.865.35$829
Aug 2021012866.024.22$540
Jul 2021013070.783.98$518
Jun 2021012869.493.38$433
May 2021313363.483.02$592
Apr 2021012760.362.76$350
Mar 2021012461.302.72$337
Feb 2021010757.805.55$594
Jan 2021012750.412.81$357
Dec 2020013644.642.68$364
Nov 2020012738.772.71$344
Oct 2020013436.972.48$332
Sep 2020013237.091.99$263
Aug 2020012539.982.39$298
Jul 2020013338.371.83$243
Jun 2020013234.901.69$223
May 2020016316.921.81$296
Apr 2020013314.751.80$240
Mar 2020312230.341.86$317
Feb 202009149.881.98$180
Jan 2020012257.252.09$256
Dec 2019013059.012.30$300
Nov 201907955.302.75$217
Oct 2019010053.472.42$242
Sep 201909455.052.66$250
Aug 201908653.112.30$198
Jul 2019011356.272.46$278
Jun 201909552.782.49$237
May 2019012258.482.74$334
Apr 2019011962.632.75$327
Mar 2019213156.803.06$515
Feb 201909550.852.79$265
Jan 201909846.033.23$316
Dec 2018013146.594.19$548
Nov 201814817852.934.24$8,588
Oct 2018026161.443.40$887
Sep 2018028359.543.11$880
Aug 2018030559.403.07$935
Jul 2018041865.142.93$1,226
Jun 2018041660.183.08$1,280
May 2018048165.382.90$1,395
Apr 2018043763.842.90$1,268
Mar 2018040061.222.79$1,115
Feb 2018523361.782.77$953
Jan 2018021762.874.01$870
Dec 2017024457.272.92$713
Nov 2017028455.423.12$886
Oct 2017031049.292.98$925
Sep 2017030347.523.09$935
Aug 2017026745.373.00$802
Jul 2017025943.873.09$800
Jun 2017022842.493.09$704
May 2017033045.373.26$1,077
Apr 2017014347.933.21$459
Mar 2017036346.772.98$1,083
Feb 2017039650.452.95$1,169
Jan 2017023649.413.42$807
Dec 2016034248.763.72$1,273
Nov 2016032342.492.64$854
Oct 2016050746.193.09$1,567
Sep 2016034741.553.10$1,076
Aug 2016042741.442.92$1,249
Jul 2016036141.622.92$1,056
Jun 2016016745.352.69$449
May 2016045542.521.99$906
Apr 2016049436.561.99$984
Mar 2016042233.011.79$757
Feb 2016032026.472.06$660
Jan 2016038827.352.36$917
Dec 2015037632.362.00$753
Nov 2015050738.792.17$1,099
Oct 2015064943.552.43$1,575
Sep 2015033742.992.76$930
Aug 2015048840.162.87$1,402
Jul 2015048148.152.95$1,417
Jun 2015044356.152.88$1,277
May 2015029255.212.96$863
Apr 2015049749.822.71$1,345
Mar 2015045742.892.93$1,341
Feb 2015041944.662.98$1,247
Jan 2015055543.433.10$1,721
Dec 2014059854.693.59$2,148
Nov 2014047570.464.25$2,020
Oct 2014016078.303.90$624
Sep 2014034686.164.05$1,400
Aug 2014044789.394.04$1,804
Jul 2014059196.564.18$2,470
Jun 2014037798.164.74$1,786
May 2014047094.734.73$2,221
Apr 2014051695.944.81$2,482
Mar 2014068395.895.06$3,454
Feb 2014036097.406.19$2,229
Jan 2014043290.404.86$2,100
Dec 2013057491.824.35$2,499
Nov 2013056788.853.74$2,120
Oct 20136118397.423.78$6,634
Sep 20130512104.113.72$1,903
Aug 20130630104.253.52$2,219
Jul 20130390102.523.72$1,450
Jun 2013030194.403.93$1,184
May 2013063294.834.15$2,622
Apr 2013062693.964.28$2,681
Mar 2013022493.623.91$876
Feb 2013035591.233.42$1,214
Jan 2013053091.603.42$1,813
Dec 2012055286.773.42$1,888
Nov 2012049686.953.62$1,798
Oct 2012046789.383.40$1,588
Sep 2012049494.672.92$1,442
Aug 2012054692.662.91$1,588
Jul 2012067585.133.02$2,039
Jun 2012056579.822.52$1,423
May 2012057391.612.49$1,426
Apr 201233684101.652.00$4,720
Mar 20120767105.052.22$1,704
Feb 20120787101.102.57$2,023
Jan 2012072098.092.73$1,969
Dec 201101,04696.873.24$3,389
Nov 2011093795.723.31$3,103
Oct 2011011884.983.65$431
Sep 201108283.623.99$327
Aug 2011024183.404.15$1,000
Jul 2011046094.144.52$2,078
Jun 2011054792.904.64$2,538
May 2011058398.134.40$2,568
Apr 20110444105.964.33$1,924
Mar 2011032696.364.06$1,323
Feb 2011033185.644.18$1,384
Jan 2011054886.504.59$2,515
Dec 2010045885.734.35$1,991
Nov 2010054280.843.80$2,057
Oct 2010041778.103.51$1,463
Sep 2010061372.633.98$2,439
Aug 2010064073.684.42$2,828
Jul 2010055372.554.74$2,619
Jun 2010052170.364.91$2,558
May 2010060471.124.24$2,558
Apr 2010048581.694.12$2,000
Mar 2010061078.394.39$2,677
Feb 2010021473.585.44$1,165
Jan 2010061074.365.96$3,638
Dec 2009053171.445.48$2,912
Nov 2009065874.593.75$2,468
Oct 2009063272.544.11$2,598
Sep 2009049065.543.06$1,502
Aug 2009062867.423.22$2,021
Jul 2009045461.133.46$1,573
Jun 2009055566.163.90$2,162
May 2009059054.743.93$2,316
Apr 2009059946.773.59$2,149
Mar 2009056942.144.06$2,310
Feb 2009053932.814.63$2,497
Jan 2009060835.865.37$3,266
Dec 2008058637.105.98$3,503
Nov 2008053855.496.86$3,691
Oct 2008061275.246.92$4,236
Sep 20080566101.767.88$4,458
Aug 20080649114.228.48$5,505
Jul 20080683131.0811.39$7,779
Jun 20080546131.3313.03$7,116
May 20080682123.1711.57$7,894
Apr 20080599110.3110.45$6,262
Mar 20080624101.909.66$6,030
Feb 2008070292.538.77$6,157
Jan 2008068090.388.21$5,580
Dec 2007048988.337.30$3,571
Nov 2007058191.677.29$4,236
Oct 2007064482.856.92$4,458
Sep 2007059875.846.24$3,734
Aug 2007078969.066.39$5,040
Jul 2007067470.906.39$4,305
Jun 2007074262.007.55$5,601
May 2007065558.747.85$5,139
Apr 2007068359.617.81$5,331
Mar 2007063656.927.30$4,644
Feb 2007069655.108.22$5,718
Jan 2007094950.306.73$6,384
Dec 2006098756.656.92$6,829
Nov 2006095554.207.62$7,275
Oct 200601,04554.906.01$6,284
Sep 200601,03260.085.04$5,198
Aug 2006089268.717.34$6,547
Jul 200601,01969.376.34$6,463
Jun 200601,03766.286.38$6,620

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
Condensate             0 bbl  × $106.41 =         $0
Gas                  271 Mcf  × $  3.05 =       $825

────────────────────────────────────────────────────
Month total                                     $825

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/224114 is the state's own key, not one this site invented.