THUNDER LAND & CATTLE

Operated by FARMER OPERATING, LLC (P-5 262463) in the Y-B (GUNSIGHT, UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 30945District 09Field 99168500OilSaveExport
Value, all time
$2.0 M
Jan 2008 – Nov 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
131
no gaps in the span
Streams
1
oil

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 18 leases and 89 wells, and the rule below applies to all of them.

Discovered
1953-11-21
as the register files it
Field class
Oil
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
OilDisposition23,515 bbl$1,982,481
Total$1,982,481

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 33.3504, -98.8502. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.35043, -98.85020 · 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
1,220 ft
1 wells filed one
Completion to plug
10.5 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 1,220 ft.

Completions filed
Jan 2008
1 of 1 wells
Plug dates filed
Jul 2018
1 of 1 wells

Last completion to plug: a median of 10.5 years across the 1 well that filed both dates, with the middle half between 10.5 years and 10.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-5034148221,220 ftJan 2008Jul 2018Yes

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 (131)

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

131 months

Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 201615848.763.72$7,704
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 201516242.992.76$6,964
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 201515956.152.88$8,928
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 201516642.892.93$7,120
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 201416754.693.59$9,133
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 201416586.164.05$14,216
Aug 2014089.394.04$0
Jul 201416296.564.18$15,643
Jun 2014098.164.74$0
May 201416194.734.73$15,252
Apr 201417095.944.81$16,310
Mar 2014095.895.06$0
Feb 201417197.406.19$16,655
Jan 201417090.404.86$15,368
Dec 201316791.824.35$15,334
Nov 201316988.853.74$15,016
Oct 201316897.423.78$16,367
Sep 2013339104.113.72$35,293
Aug 2013169104.253.52$17,618
Jul 2013169102.523.72$17,326
Jun 201333694.403.93$31,718
May 201349494.834.15$46,846
Apr 201335593.964.28$33,356
Mar 201334993.623.91$32,673
Feb 201335791.233.42$32,569
Jan 201335391.603.42$32,335
Dec 201217386.773.42$15,011
Nov 201217686.953.62$15,303
Oct 2012089.383.40$0
Sep 201217494.672.92$16,473
Aug 2012092.662.91$0
Jul 201217285.133.02$14,642
Jun 201216979.822.52$13,490
May 201217791.612.49$16,215
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 2012176101.102.57$17,794
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 201117383.404.15$14,428
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 201117998.134.40$17,565
Apr 20110105.964.33$0
Mar 201118296.364.06$17,538
Feb 2011085.644.18$0
Jan 201118486.504.59$15,916
Dec 201018585.734.35$15,860
Nov 2010080.843.80$0
Oct 201018578.103.51$14,449
Sep 201018272.633.98$13,219
Aug 201018273.684.42$13,410
Jul 2010072.554.74$0
Jun 201018170.364.91$12,735
May 201017671.124.24$12,517
Apr 201018081.694.12$14,704
Mar 201036078.394.39$28,220
Feb 201018573.585.44$13,612
Jan 201053874.365.96$40,006
Dec 200918771.445.48$13,359
Nov 200917774.593.75$13,202
Oct 200936472.544.11$26,405
Sep 200935265.543.06$23,070
Aug 200934867.423.22$23,462
Jul 200953961.133.46$32,949
Jun 200954066.163.90$35,726
May 200954254.743.93$29,669
Apr 200954946.773.59$25,677
Mar 200955442.144.06$23,346
Feb 200955532.814.63$18,210
Jan 200954735.865.37$19,615
Dec 200854737.105.98$20,294
Nov 200854555.496.86$30,242
Oct 200873875.246.92$55,527
Sep 2008713101.767.88$72,555
Aug 2008882114.228.48$100,742
Jul 2008888131.0811.39$116,399
Jun 2008721131.3313.03$94,689
May 2008890123.1711.57$109,621
Apr 2008717110.3110.45$79,092
Mar 20081,273101.909.66$129,719
Feb 200882292.538.77$76,060
Jan 2008090.388.21$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.

Dec 2016 — as filed, then multipliedworked
Oil                  158 bbl  × $ 48.76 =     $7,704

────────────────────────────────────────────────────
Month total                                   $7,704

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/30945 is the state's own key, not one this site invented.