THOMPSON

Operated by SNW OPERATING COMPANY (P-5 799856) in the PANHANDLE (RED CAVE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 4308District 10Field 68825800NGPA filingOilCasinghead gasSaveExport
Value, all time
$35.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$1.4 M
at the published price for each month
Months reported
401
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 114 leases and 1,481 wells, and the rule below applies to all of them.

Discovered
1960-10-11
as the register files it
Field class
Oil
the register's own label
Between wells
330 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 1985-04-15.

The Commission's schedule remark for this field reads: 10 ACRES UNITS W/DIAG OF 1100 AND ALLOW OF 53

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
NGPA13none

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
OilDisposition646,926 bbl$32,932,246
Casinghead gasProduction699,354 Mcf$2,222,970
Total$35,155,216

18,598 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.

Wells on this lease (49)

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 35.6508, -101.8874. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

35.65006, -101.88855 · 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
8.2%
4 of 49 wells
With a plug date
2.0%
1 of 49 wells
Median depth
2,327 ft
48 wells filed one
Completion to plug
26.2 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
48.2%
A plug date is filed
12.0%
BothOn the schedule and plugged. Neither fact cancels the other.
12.0%
NeitherNo plug date, and not on the schedule.
4591.8%

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

Total depth in feet, 48 of 49 wells. Median 2,327 ft, with the middle half between 2,278 and 2,342 ft; the shallowest is 2,140 ft and the deepest 3,521 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 48 of 49 wells, May 1978 – Apr 2022. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
May 1978 – Apr 2022
48 of 49 wells; 1 filed none
Plug dates filed
Jul 2004
1 of 49 wells; 48 filed none

Last completion to plug: a median of 26.2 years across the 1 well that filed both dates, with the middle half between 26.2 years and 26.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

49 wells

42-341309012025J2,250 ft
42-3413367020252,380 ftApr 2022
42-3413361120722,450 ftSep 2021
42-3413355920242,500 ftDec 2019
42-3413355820232,350 ftNov 2019
42-3413336720352,400 ftNov 2019
42-3413340120672,320 ftSep 2019
42-3413343120612,391 ftJul 2019
42-3413341020392,357 ftJan 2018
42-3413341320662,327 ftJan 2018
42-3413347520402,343 ftNov 2017
42-3413341120452,355 ftJun 2017
42-3413343220712,390 ftJun 2017
42-3413343320542,360 ftJun 2017
42-3413341920602,321 ftNov 2016
42-3413341820532,312 ftNov 2016
42-3413341520642,333 ftNov 2016
42-3413341420632,342 ftNov 2016
42-3413342220622,342 ftNov 2016
42-3413340920582,333 ftOct 2016
42-3413341720592,333 ftOct 2016
42-3413341620652,333 ftOct 2016
42-3413340720522,333 ftOct 2016
42-3413340820572,333 ftOct 2016
42-3413341220562,333 ftOct 2016
42-3413340320492,300 ftJun 2016
42-3413340420372,327 ftJun 2016
42-3413340220502,333 ftJun 2016
42-3413340520442,317 ftJun 2016
42-3413336820382,280 ftNov 2015
42-3413337220312,300 ftNov 2015
42-3413337420462,300 ftNov 2015
42-3413339420512,300 ftNov 2015
42-3413337320412,303 ftOct 2015
42-3413335120342,270 ftMay 2015
42-3413335020422,325 ftMay 2015
42-3413324920272,326 ftJan 2015
42-341308892019J2,250 ftMar 1989
42-341309152026J2,266 ftDec 1982
42-341309162021J2,250 ftDec 1982
42-341309142010J2,270 ftNov 1982
42-341308942015J2,220 ftOct 1982
42-341307542014JOct 1982
42-34130678208P2,170 ftAug 1981
42-34130679209P2,200 ftAug 1981
42-3413053620123,521 ftMar 1979Yes
42-341305212042,175 ftJul 1978Yes
42-341305202032,214 ftJul 1978Yes
42-341305072022,140 ftMay 1978Jul 2004Yes

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 (401)

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

401 months

May 20261,0665,504106.413.05$130,197
Apr 20261,0495,00598.932.87$118,141
Mar 20262,0594,78389.753.15$199,859
Feb 20263673,66663.503.75$37,053
Jan 20261,3584,98959.138.00$120,200
Dec 20251,1564,69856.664.41$86,233
Nov 20257225,96358.593.93$65,715
Oct 20251,8277,90359.383.30$134,605
Sep 20251,3614,46362.743.08$99,121
Aug 20252,5593,47863.933.01$174,082
Jul 20252,2716,58066.743.32$173,381
Jun 20259096,85966.483.13$81,890
May 20251,4666,30860.553.23$109,156
Apr 20251,6437,45262.363.54$128,861
Mar 20253776,00667.704.27$51,158
Feb 20254813,77570.884.34$50,480
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 2024324069.052.20$22,372
Oct 202403,26771.372.28$7,453
Sep 202403,93869.612.36$9,311
Aug 202402,94275.632.06$6,071
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20241802,94180.301.55$18,998
Feb 20249013,05076.091.78$73,997
Jan 20245462,79173.023.30$49,073
Dec 20231,4314,18771.262.61$112,904
Nov 20239104,59777.892.81$83,786
Oct 20239004,45085.443.09$90,634
Sep 20231,389089.042.74$123,677
Aug 20231,5731,00080.522.67$129,331
Jul 20231,2396,61174.852.64$110,204
Jun 20231,6125,94268.962.26$124,583
May 20232,1364,23770.622.23$160,282
Apr 20231,1983,67678.122.24$101,814
Mar 20232,1035,11672.852.39$165,447
Feb 20231,2524,34875.112.47$104,759
Jan 20231,9454,99776.533.39$165,779
Dec 20221,3754,81076.415.73$132,621
Nov 20221,4024,37685.005.65$143,878
Oct 20221,9485,14887.185.86$200,013
Sep 20221,7942,97284.888.16$176,537
Aug 20222,4693,54494.529.13$265,717
Jul 20221,7884,117101.587.54$212,676
Jun 20222,5123,893115.097.98$320,161
May 20221,6153,483109.378.43$206,005
Apr 20222,3023,819104.226.84$266,027
Mar 20221,9744,243108.885.08$236,468
Feb 20221,7802,34991.054.86$173,482
Jan 20222,17973081.844.54$181,642
Dec 20212,5084,38071.323.90$195,949
Nov 20212,6834,44077.435.24$230,996
Oct 20212,8675,36679.795.71$259,419
Sep 20213,3614,95669.865.35$261,319
Aug 20212,2677,27166.024.22$180,355
Jul 20212,0743,15770.783.98$159,369
Jun 20212,6244,31669.493.38$196,933
May 20212,9475,40363.483.02$203,380
Apr 20213,1965,23860.362.76$207,359
Mar 20212,9675,41061.302.72$196,576
Feb 20211,7416,36557.805.55$135,943
Jan 20213,0145,20550.412.81$166,563
Dec 20202,8255,29544.642.68$140,275
Nov 20201,9374,03538.772.71$86,019
Oct 20202,4705,94736.972.48$106,055
Sep 20202,8336,64737.091.99$118,310
Aug 20203,9227,37639.982.39$174,394
Jul 20203,9076,19338.371.83$161,215
Jun 20203,1997,24134.901.69$123,885
May 20203,7047,67016.921.81$76,591
Apr 20204,2477,94314.751.80$76,975
Mar 20204,0766,37630.341.86$135,501
Feb 20204,6496,14749.881.98$244,067
Jan 20206,3955,53057.252.09$377,698
Dec 20193,5286,56159.012.30$223,306
Nov 20193,7215,24055.302.75$220,185
Oct 20194,8365,40453.472.42$271,651
Sep 20194,1796,56855.052.66$247,507
Aug 20193,1545,10753.112.30$179,277
Jul 20194,2267,07356.272.46$255,197
Jun 20193,7467,59152.782.49$216,625
May 20193,6907,42858.482.74$236,146
Apr 20194,9617,10562.632.75$330,251
Mar 20194,2427,58756.803.06$264,178
Feb 20195,3216,85250.852.79$289,705
Jan 20194,3607,07946.033.23$223,543
Dec 20182,1814,50946.594.19$120,485
Nov 20183,6267,07652.934.24$221,907
Oct 20184,2877,22361.443.40$287,938
Sep 20185,0139,73659.543.11$328,734
Aug 20185,56711,16859.403.07$364,927
Jul 20186,72911,50865.142.93$472,067
Jun 20185,90611,30060.183.08$390,192
May 20187,18912,58965.382.90$506,535
Apr 20188,1792,93363.842.90$530,655
Mar 201810,0852,48561.222.79$624,329
Feb 20187,7678,92561.782.77$504,533
Jan 20189,77410,33862.874.01$655,940
Dec 20177,19811,78057.272.92$446,645
Nov 20177,83711,35055.423.12$469,720
Oct 20177,96140649.292.98$393,609
Sep 20177,6333,79947.523.09$374,449
Aug 20178,1329,00445.373.00$396,000
Jul 201711,5931,73543.873.09$513,941
Jun 201711,3777,08442.493.09$505,279
May 201711,78112,00845.373.26$573,691
Apr 201711,35413,97247.933.21$589,070
Mar 201712,78713,69646.772.98$638,912
Feb 201713,37111,28150.452.95$707,875
Jan 201717,24110,36649.413.42$887,317
Dec 201619,9575,85948.763.72$994,915
Nov 201621,6362,49542.492.64$925,911
Oct 201617,31071646.193.09$801,762
Sep 201610,886041.553.10$452,313
Aug 20169,7322,67341.442.92$411,111
Jul 201610,1893,42741.622.92$434,088
Jun 201610,6152,55145.352.69$488,242
May 20169,5612,32842.521.99$411,169
Apr 20164,9162,26136.561.99$184,231
Mar 20165,6522,37833.011.79$190,839
Feb 20165,7842,06926.472.06$157,372
Jan 20167,9792,16227.352.36$223,337
Dec 20158,5562,41532.362.00$281,706
Nov 20157,3242,54838.792.17$289,620
Oct 20156,2412,00043.552.43$276,649
Sep 20153,8272,09742.992.76$170,307
Aug 20153,3332,35040.162.87$140,604
Jul 20153,3342,20148.152.95$167,014
Jun 20153,2472,01456.152.88$188,125
May 20152,0442,02255.212.96$118,825
Apr 20151,4641,62649.822.71$77,337
Mar 20151,6872,01342.892.93$78,263
Feb 20151,57484544.662.98$72,810
Jan 201585380343.433.10$39,536
Dec 2014149054.693.59$8,149
Nov 2014109070.464.25$7,680
Oct 2014344078.303.90$26,935
Sep 2014178086.164.05$15,336
Aug 2014180089.394.04$16,090
Jul 2014280096.564.18$27,037
Jun 20140098.164.74$0
May 2014325094.734.73$30,787
Apr 2014108095.944.81$10,362
Mar 2014177095.895.06$16,973
Feb 2014315097.406.19$30,681
Jan 2014153090.404.86$13,831
Dec 2013298091.824.35$27,362
Nov 2013137088.853.74$12,172
Oct 2013138097.423.78$13,444
Sep 20132500104.113.72$26,028
Aug 20131800104.253.52$18,765
Jul 20131810102.523.72$18,556
Jun 2013279094.403.93$26,338
May 2013183094.834.15$17,354
Apr 2013145093.964.28$13,624
Mar 2013284093.623.91$26,588
Feb 2013244091.233.42$22,260
Jan 201378091.603.42$7,145
Dec 2012300086.773.42$26,031
Nov 2012301086.953.62$26,172
Oct 2012100089.383.40$8,938
Sep 2012428094.672.92$40,519
Aug 2012103092.662.91$9,544
Jul 2012362085.133.02$30,817
Jun 2012180079.822.52$14,368
May 2012354091.612.49$32,430
Apr 2012810101.652.00$8,234
Mar 20124600105.052.22$48,323
Feb 20122420101.102.57$24,466
Jan 2012263098.092.73$25,798
Dec 201179096.873.24$7,653
Nov 2011120095.723.31$11,486
Oct 2011296084.983.65$25,154
Sep 2011310083.623.99$25,922
Aug 201160083.404.15$5,004
Jul 20110094.144.52$0
Jun 2011174092.904.64$16,165
May 2011416098.134.40$40,822
Apr 20112870105.964.33$30,411
Mar 2011202096.364.06$19,465
Feb 2011124085.644.18$10,619
Jan 2011352086.504.59$30,448
Dec 2010253085.734.35$21,690
Nov 2010489080.843.80$39,531
Oct 2010119078.103.51$9,294
Sep 2010123072.633.98$8,933
Aug 20100073.684.42$0
Jul 2010240072.554.74$17,412
Jun 2010127070.364.91$8,936
May 201092071.124.24$6,543
Apr 2010273081.694.12$22,301
Mar 2010261078.394.39$20,460
Feb 20100073.585.44$0
Jan 2010448074.365.96$33,313
Dec 200989071.445.48$6,358
Nov 2009244074.593.75$18,200
Oct 2009109072.544.11$7,907
Sep 2009272065.543.06$17,827
Aug 2009338067.423.22$22,788
Jul 2009313061.133.46$19,134
Jun 2009158066.163.90$10,453
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 2009122032.814.63$4,003
Jan 2009283035.865.37$10,148
Dec 2008218037.105.98$8,088
Nov 2008304055.496.86$16,869
Oct 2008207075.246.92$15,575
Sep 20083460101.767.88$35,209
Aug 20081060114.228.48$12,107
Jul 2008990131.0811.39$12,977
Jun 20081510131.3313.03$19,831
May 20081850123.1711.57$22,786
Apr 20081370110.3110.45$15,112
Mar 20082720101.909.66$27,717
Feb 2008294092.538.77$27,204
Jan 2008214090.388.21$19,341
Dec 2007231088.337.30$20,404
Nov 2007309091.677.29$28,326
Oct 200787082.856.92$7,208
Sep 2007292075.846.24$22,145
Aug 2007277069.066.39$19,130
Jul 2007467070.906.39$33,110
Jun 200793062.007.55$5,766
May 2007509058.747.85$29,899
Apr 2007361059.617.81$21,519
Mar 2007344056.927.30$19,580
Feb 20070055.108.22$0
Jan 2007276050.306.73$13,883
Dec 2006274056.656.92$15,522
Nov 2006120054.207.62$6,504
Oct 2006414054.906.01$22,729
Sep 2006158060.085.04$9,493
Aug 2006317068.717.34$21,781
Jul 2006160069.376.34$11,099
Jun 2006132066.286.38$8,749
May 2006247066.016.42$16,304
Apr 2006136064.397.36$8,757
Mar 2006135056.707.08$7,655
Feb 2006143057.597.75$8,235
Jan 2006144060.598.93$8,725
Dec 2005111054.9413.42$6,098
Nov 20050054.6910.59$0
Oct 2005160058.3413.80$9,334
Sep 2005158061.4512.08$9,709
Aug 2005164061.519.80$10,088
Jul 2005162055.697.84$9,022
Jun 2005180052.337.38$9,419
May 2005351045.226.65$15,872
Apr 2005184049.207.36$9,053
Mar 2005306050.377.15$15,413
Feb 2005154045.226.31$6,964
Jan 200585043.166.32$3,669
Dec 2004392039.866.75$15,625
Nov 20040045.286.33$0
Oct 2004302049.706.52$15,009
Sep 2004190043.245.28$8,216
Aug 2004450042.375.55$19,067
Jul 20040038.286.08$0
Jun 2004156036.106.43$5,632
May 2004165037.486.49$6,184
Apr 2004343034.475.86$11,823
Mar 2004396034.365.53$13,607
Feb 200411032.455.51$357
Jan 2004281032.036.30$9,000
Dec 200370030.266.30$2,118
Nov 2003163028.804.60$4,694
Oct 2003162028.174.76$4,564
Sep 2003173026.314.75$4,552
Aug 2003253029.765.13$7,529
Jul 2003317029.415.17$9,323
Jun 2003153028.565.98$4,370
May 2003181026.595.97$4,813
Apr 2003310026.675.41$8,268
Mar 2003474031.146.10$14,760
Feb 2003554033.487.93$18,548
Jan 2003308030.315.58$9,335
Dec 200287026.914.85$2,341
Nov 2002292024.664.14$7,201
Oct 2002104026.464.23$2,752
Sep 2002165027.443.64$4,528
Aug 2002145025.963.16$3,764
Jul 2002266024.583.06$6,538
Jun 20020023.733.34$0
May 2002164024.663.58$4,044
Apr 20020023.653.51$0
Mar 200266022.003.10$1,452
Feb 200292018.222.38$1,676
Jan 2002126017.172.38$2,163
Dec 2001137016.932.36$2,319
Nov 2001153018.072.41$2,765
Oct 20010019.782.53$0
Sep 2001253024.262.25$6,138
Aug 20010024.873.05$0
Jul 2001159023.933.20$3,805
Jun 2001318024.563.82$7,810
May 2001160025.524.31$4,083
Apr 2001188024.685.34$4,640
Mar 2001186024.545.38$4,564
Feb 200135427927.755.77$11,433
Jan 20010027.478.40$0
Dec 2000165026.889.12$4,435
Nov 2000340032.215.66$10,951
Oct 200083031.235.15$2,592
Sep 2000381031.875.19$12,142
Aug 2000338029.644.54$10,018
Jul 2000181028.534.09$5,164
Jun 2000557029.304.40$16,320
May 200099027.263.68$2,699
Apr 2000383024.513.12$9,387
Mar 2000499028.422.86$14,182
Feb 2000170027.622.73$4,695
Jan 2000301025.272.48$7,606
Dec 1999527024.282.42$12,796
Nov 1999392023.192.43$9,090
Oct 1999350020.982.80$7,343
Sep 1999241021.752.62$5,242
Aug 1999354019.262.88$6,818
Jul 1999716017.892.37$12,809
Jun 1999267015.942.36$4,256
May 1999376015.792.32$5,937
Apr 1999417015.102.21$6,297
Mar 1999343012.471.84$4,277
Feb 199946709.981.82$4,661
Jan 1999196010.381.90$2,034
Dec 199835409.201.77$3,257
Nov 1998347010.892.19$3,779
Oct 1998288012.421.97$3,577
Sep 1998401012.592.08$5,049
Aug 1998349011.301.91$3,944
Jul 1998558011.742.24$6,551
Jun 199834816011.242.24$4,269
May 199852118212.622.21$6,977
Apr 199835827013.042.51$5,345
Mar 199851216712.802.31$6,939
Feb 199836019413.952.30$5,468
Jan 199853115414.702.15$8,138
Dec 199737111016.322.41$6,320
Nov 199735218818.193.09$6,983
Oct 199733730319.253.15$7,442
Sep 199767849317.742.95$13,484
Aug 199735049817.862.55$7,523
Jul 199761659617.582.25$12,168
Jun 199734640917.242.26$6,888
May 199739355218.972.31$8,730
Apr 199716032717.882.08$3,542
Mar 199717931218.951.94$3,997
Feb 199735144120.492.21$8,165
Jan 199755448923.483.54$14,739
Dec 19962148623.32$490
Nov 199617644621.97$3,867
Oct 199634353223.31$7,995
Sep 199635456222.22$7,866
Aug 199633862820.26$6,848
Jul 199635043319.55$6,843
Jun 199634549818.73$6,462
May 199653368319.43$10,356
Apr 199614037521.51$3,011
Mar 199617713819.38$3,430
Feb 19963505416.98$5,943
Jan 19961757617.07$2,987
Dec 199534513017.19$5,931
Nov 199517431116.00$2,784
Oct 199553146815.43$8,193
Sep 199554030116.18$8,737
Aug 199569532215.92$11,064
Jul 199517427815.24$2,652
Jun 199535829516.41$5,875
May 199535034617.56$6,146
Apr 199547536717.73$8,422
Mar 199535036616.44$5,754
Feb 199566139916.58$10,959
Jan 199568230115.92$10,857
Dec 199450726015.03$7,620
Nov 199464837215.90$10,303
Oct 199451826115.58$8,070
Sep 199451732115.29$7,905
Aug 199470538616.13$11,372
Jul 199453743117.56$9,430
Jun 19941,15337517.09$19,705
May 199417416515.88$2,763
Apr 199435012314.14$4,949
Mar 199484541912.46$10,529
Feb 199452342812.50$6,538
Jan 199470369112.66$8,900
Dec 199382372712.33$10,148
Nov 199334832914.49$5,043
Oct 199350735815.85$8,036
Sep 199368042515.03$10,220
Aug 199368646015.66$10,743
Jul 199352324915.46$8,086
Jun 199350020916.79$8,395
May 199385134017.68$15,046
Apr 199369355718.05$12,509
Mar 199354459318.14$9,868
Feb 199352161317.90$9,326
Jan 199352771116.93$8,922

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
Oil                1,066 bbl  × $106.41 =   $113,433
Casinghead gas     5,504 Mcf  × $  3.05 =    $16,764

────────────────────────────────────────────────────
Month total                                 $130,197

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. 10/O/4308 is the state's own key, not one this site invented.