THOMASON, H. A.

Operated by DEVON ENERGY OPERATING CO., L.P. (P-5 216730) in the BOONSVILLE (BEND CONGL., GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 32959District 09Field 10574520GasSaveExport
Value, all time
$99 k
Jan 1993 – May 2004
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
137
no gaps in the span
Streams
1
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 3,438 leases and 3,443 wells, and the rule below applies to all of them.

Discovered
1945-05-01
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 1991-06-10.

The Commission's schedule remark for this field reads: AMOUNT HAD BEEN CALCULATED FOR 5/1/97.

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
GasProduction47,773 Mcf$99,406
Total$99,406

18,483 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.

Every month this lease reported (137)

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

137 months

May 2004037.486.49$0
Apr 2004034.475.86$0
Mar 2004034.365.53$0
Feb 200420732.455.51$1,140
Jan 2004032.036.30$0
Dec 2003030.266.30$0
Nov 200331428.804.60$1,443
Oct 200343628.174.76$2,075
Sep 200318926.314.75$898
Aug 200310829.765.13$554
Jul 200314929.415.17$770
Jun 20036728.565.98$401
May 200317026.595.97$1,015
Apr 200319226.675.41$1,038
Mar 200322031.146.10$1,341
Feb 200318233.487.93$1,443
Jan 200324130.315.58$1,345
Dec 200224726.914.85$1,199
Nov 200222124.664.14$914
Oct 200226626.464.23$1,125
Sep 200223727.443.64$862
Aug 200218725.963.16$592
Jul 200219624.583.06$600
Jun 200219523.733.34$651
May 200230824.663.58$1,104
Apr 200224623.653.51$864
Mar 200228922.003.10$897
Feb 200220818.222.38$494
Jan 200222017.172.38$523
Dec 200123816.932.36$563
Nov 200125918.072.41$623
Oct 200129619.782.53$749
Sep 200127424.262.25$617
Aug 200131224.873.05$953
Jul 200132123.933.20$1,026
Jun 200134924.563.82$1,335
May 200144725.524.31$1,925
Apr 200135924.685.34$1,915
Mar 200128924.545.38$1,554
Feb 200129227.755.77$1,684
Jan 200132427.478.40$2,721
Dec 200048426.889.12$4,415
Nov 200035132.215.66$1,986
Oct 200041331.235.15$2,125
Sep 200051731.875.19$2,681
Aug 200051629.644.54$2,343
Jul 200050728.534.09$2,074
Jun 200063329.304.40$2,783
May 200074427.263.68$2,738
Apr 200069724.513.12$2,172
Mar 200068028.422.86$1,945
Feb 200056327.622.73$1,535
Jan 200066925.272.48$1,659
Dec 199961024.282.42$1,478
Nov 199968423.192.43$1,665
Oct 199974820.982.80$2,097
Sep 199953221.752.62$1,393
Aug 199931119.262.88$894
Jul 199929817.892.37$707
Jun 199930915.942.36$730
May 199929415.792.32$682
Apr 199930215.102.21$667
Mar 199932812.471.84$603
Feb 19994089.981.82$742
Jan 199941510.381.90$788
Dec 19982399.201.77$424
Nov 199839810.892.19$870
Oct 199834312.421.97$675
Sep 199832612.592.08$679
Aug 199832211.301.91$614
Jul 199835511.742.24$794
Jun 199833211.242.24$743
May 199833412.622.21$737
Apr 199833013.042.51$827
Mar 199831812.802.31$734
Feb 199832913.952.30$756
Jan 199836214.702.15$780
Dec 199734416.322.41$829
Nov 199737318.193.09$1,152
Oct 199734119.253.15$1,074
Sep 199736717.742.95$1,084
Aug 199736417.862.55$930
Jul 199737517.582.25$843
Jun 199735717.242.26$806
May 199736018.972.31$831
Apr 199732517.882.08$677
Mar 199734518.951.94$669
Feb 199729720.492.21$655
Jan 199738623.483.54$1,366
Dec 199633823.32$0
Nov 199631121.97$0
Oct 199633623.31$0
Sep 199633822.22$0
Aug 199634720.26$0
Jul 199637119.55$0
Jun 199631718.73$0
May 199634419.43$0
Apr 199633621.51$0
Mar 199634019.38$0
Feb 199631716.98$0
Jan 199635317.07$0
Dec 199540417.19$0
Nov 199537916.00$0
Oct 199524215.43$0
Sep 199531516.18$0
Aug 199533015.92$0
Jul 199534215.24$0
Jun 199533716.41$0
May 199536817.56$0
Apr 199534017.73$0
Mar 199535416.44$0
Feb 199532316.58$0
Jan 199534815.92$0
Dec 199434715.03$0
Nov 199434615.90$0
Oct 199435315.58$0
Sep 199433715.29$0
Aug 199434816.13$0
Jul 199436117.56$0
Jun 199439917.09$0
May 199434315.88$0
Apr 199437214.14$0
Mar 199438212.46$0
Feb 199438012.50$0
Jan 199447412.66$0
Dec 199342112.33$0
Nov 199350714.49$0
Oct 199341315.85$0
Sep 199334015.03$0
Aug 199345515.66$0
Jul 199335815.46$0
Jun 199340716.79$0
May 199342317.68$0
Apr 199340518.05$0
Mar 199341318.14$0
Feb 199381417.90$0
Jan 199395516.93$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 2004 — as filed, then multipliedworked
Gas                  207 Mcf  × $  5.51 =     $1,140

────────────────────────────────────────────────────
Month total                                   $1,140

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/32959 is the state's own key, not one this site invented.