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.

Oil lease lease 26249District 09Field 78815500OilCasinghead gasSaveExport
Value, all time
$321 k
Jan 1993 – Jun 2012
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
234
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 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
OilDisposition3,224 bbl$66,076
Casinghead gasProduction44,822 Mcf$254,668
Total$320,744

5,787 Mcf of this lease's gas, across 31 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 33.0481, -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
100.0%
1 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
1100.0%
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.
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 4,500 ft.

Completions filed
May 1986
1 of 1 wells

1 well

42-5033918414,500 ftMay 1986Yes

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 (234)

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

234 months

Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 2012660101.652.00$6,709
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 200601,08866.016.42$6,990
Apr 2006097064.397.36$7,140
Mar 200601,02156.707.08$7,232
Feb 2006086857.597.75$6,728
Jan 2006085960.598.93$7,674
Dec 2005096354.9413.42$12,919
Nov 2005096654.6910.59$10,228
Oct 2005086358.3413.80$11,906
Sep 200501,03261.4512.08$12,466
Aug 2005096061.519.80$9,405
Jul 2005093155.697.84$7,302
Jun 2005098052.337.38$7,233
May 200501,02845.226.65$6,837
Apr 20051431,19449.207.36$15,824
Mar 2005095150.377.15$6,804
Feb 2005084545.226.31$5,334
Jan 200501,01543.166.32$6,417
Dec 200401,10839.866.75$7,480
Nov 2004083445.286.33$5,280
Oct 2004094749.706.52$6,170
Sep 2004089743.245.28$4,740
Aug 2004092042.375.55$5,107
Jul 2004089838.286.08$5,464
Jun 2004085736.106.43$5,513
May 2004093437.486.49$6,066
Apr 2004084934.475.86$4,974
Mar 2004085634.365.53$4,734
Feb 2004079832.455.51$4,397
Jan 2004080732.036.30$5,084
Dec 2003076730.266.30$4,833
Nov 2003069928.804.60$3,212
Oct 2003066328.174.76$3,156
Sep 2003061626.314.75$2,926
Aug 2003053729.765.13$2,755
Jul 2003051929.415.17$2,684
Jun 2003044628.565.98$2,668
May 2003041326.595.97$2,467
Apr 2003034926.675.41$1,887
Mar 200317116231.146.10$6,313
Feb 200308833.487.93$697
Jan 2003011930.315.58$664
Dec 2002010326.914.85$500
Nov 200209124.664.14$376
Oct 2002012026.464.23$507
Sep 2002010127.443.64$367
Aug 2002012225.963.16$386
Jul 2002014824.583.06$453
Jun 2002012423.733.34$414
May 2002013124.663.58$470
Apr 200207523.653.51$263
Mar 2002010722.003.10$332
Feb 200209918.222.38$235
Jan 2002012317.172.38$292
Dec 2001011016.932.36$260
Nov 200108818.072.41$212
Oct 2001010619.782.53$268
Sep 2001011324.262.25$254
Aug 2001011624.873.05$354
Jul 2001011623.933.20$371
Jun 2001013224.563.82$505
May 2001013625.524.31$586
Apr 200107824.685.34$416
Mar 200109624.545.38$516
Feb 200107827.755.77$450
Jan 200104927.478.40$412
Dec 200008726.889.12$794
Nov 200009832.215.66$554
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 200002529.644.54$114
Jul 200001028.534.09$41
Jun 2000627829.304.40$2,160
May 20000327.263.68$11
Apr 20000024.513.12$0
Mar 200002428.422.86$69
Feb 200005227.622.73$142
Jan 200004325.272.48$107
Dec 199904324.282.42$104
Nov 199903423.192.43$83
Oct 199905120.982.80$143
Sep 199903221.752.62$84
Aug 199906119.262.88$175
Jul 199907517.892.37$178
Jun 199906215.942.36$146
May 199905415.792.32$125
Apr 199908115.102.21$179
Mar 199907712.471.84$142
Feb 19990689.981.82$124
Jan 1999011910.381.90$226
Dec 199801229.201.77$216
Nov 1998011410.892.19$249
Oct 1998011412.421.97$224
Sep 199808112.592.08$169
Aug 1998011711.301.91$223
Jul 1998012711.742.24$284
Jun 199808311.242.24$186
May 199808212.622.21$181
Apr 1998011213.042.51$281
Mar 199808012.802.31$185
Feb 19980213.952.30$5
Jan 199804514.702.15$97
Dec 1997011216.322.41$270
Nov 1997011418.193.09$352
Oct 1997010219.253.15$321
Sep 1997010717.742.95$316
Aug 19977814617.862.55$1,766
Jul 1997015617.582.25$351
Jun 1997013517.242.26$305
May 1997020018.972.31$462
Apr 1997021517.882.08$448
Mar 199714817418.951.94$3,142
Feb 199706620.492.21$146
Jan 199707323.483.54$258
Dec 19960523.32$0
Nov 1996011221.97$0
Oct 1996017023.31$0
Sep 199602922.22$0
Aug 1996020620.26$0
Jul 1996022919.55$0
Jun 199617137618.73$3,203
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940615.03$0
Nov 199401215.90$0
Oct 19941225115.58$1,901
Sep 1994011315.29$0
Aug 199413911116.13$2,242
Jul 199403617.56$0
Jun 199413710917.09$2,341
May 19941397115.88$2,207
Apr 199416518314.14$2,333
Mar 199402812.46$0
Feb 199423730312.50$2,963
Jan 199413928312.66$1,760
Dec 199303312.33$0
Nov 199378314.49$1,130
Oct 199317348915.85$2,742
Sep 19939916615.03$1,488
Aug 19932104215.66$3,289
Jul 1993021315.46$0
Jun 1993010016.79$0
May 199314538717.68$2,564
Apr 1993747918.05$1,336
Mar 19931811,00418.14$3,283
Feb 199334783617.90$6,211
Jan 19930216.93$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.

Apr 2012 — as filed, then multipliedworked
Oil                   66 bbl  × $101.65 =     $6,709
Casinghead gas         0 Mcf  × $  2.00 =         $0

────────────────────────────────────────────────────
Month total                                   $6,709

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/O/26249 is the state's own key, not one this site invented.