THOMPSON, GEO. "A"

Operated by MIKEN OIL, INC. (P-5 566783) in the EAST TEXAS field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7868District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$365 k
Jan 1993 – Jul 2015
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
271
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 2,264 leases and 17,267 wells, and the rule below applies to all of them.

Discovered
1930-12-31
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 5 acres. The field rule took effect on 2015-01-27.

The Commission's schedule remark for this field reads: THIS ORDER TO BE CANCELLED

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
OilDisposition10,922 bbl$359,905
Casinghead gasProduction5,985 Mcf$5,210
Total$365,115

3,767 Mcf of this lease's gas, across 47 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 (271)

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

271 months

Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 201550043.433.10$2,172
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 201265086.773.42$5,640
Nov 20120086.953.62$0
Oct 201256089.383.40$5,005
Sep 201272094.672.92$6,816
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 2012127079.822.52$10,137
May 20120091.612.49$0
Apr 201200101.652.00$0
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 200869075.246.92$5,192
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 2008760110.3110.45$8,384
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 200882090.388.21$7,411
Dec 2007173088.337.30$15,281
Nov 20070191.677.29$7
Oct 200776182.856.92$6,304
Sep 2007131175.846.24$9,941
Aug 20070169.066.39$6
Jul 20070170.906.39$6
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 200752059.617.81$3,100
Mar 2007157056.927.30$8,936
Feb 200789055.108.22$4,904
Jan 20070050.306.73$0
Dec 200689056.656.92$5,042
Nov 200651054.207.62$2,764
Oct 2006119054.906.01$6,533
Sep 200691060.085.04$5,467
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 2006170066.286.38$11,268
May 20060066.016.42$0
Apr 2006149064.397.36$9,594
Mar 200664056.707.08$3,629
Feb 200686057.597.75$4,953
Jan 20060060.598.93$0
Dec 200582054.9413.42$4,505
Nov 200577054.6910.59$4,211
Oct 200585058.3413.80$4,959
Sep 200586061.4512.08$5,285
Aug 200580061.519.80$4,921
Jul 200587055.697.84$4,845
Jun 200588052.337.38$4,605
May 200582045.226.65$3,708
Apr 200575049.207.36$3,690
Mar 200573050.377.15$3,677
Feb 200585045.226.31$3,844
Jan 200588043.166.32$3,798
Dec 200473039.866.75$2,910
Nov 200477045.286.33$3,487
Oct 200480049.706.52$3,976
Sep 200479043.245.28$3,416
Aug 200488042.375.55$3,729
Jul 2004100038.286.08$3,828
Jun 2004140036.106.43$5,054
May 200462037.486.49$2,324
Apr 20040034.475.86$0
Mar 200484034.365.53$2,886
Feb 200488032.455.51$2,856
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 200269026.914.85$1,857
Nov 20020024.664.14$0
Oct 200251026.464.23$1,349
Sep 20020027.443.64$0
Aug 200240025.963.16$1,038
Jul 200289024.583.06$2,188
Jun 20020023.733.34$0
May 200279024.663.58$1,948
Apr 200257023.653.51$1,348
Mar 200259022.003.10$1,298
Feb 200260018.222.38$1,093
Jan 200267017.172.38$1,150
Dec 200170016.932.36$1,185
Nov 200160018.072.41$1,084
Oct 200125019.782.53$495
Sep 200127024.262.25$655
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 2001102025.524.31$2,603
Apr 2001104024.685.34$2,567
Mar 20019024.545.38$221
Feb 200111027.755.77$305
Jan 200111027.478.40$302
Dec 2000130026.889.12$3,494
Nov 20005032.215.66$161
Oct 20008031.235.15$250
Sep 200012031.875.19$382
Aug 20005029.644.54$148
Jul 200026028.534.09$742
Jun 20000029.304.40$0
May 200012027.263.68$327
Apr 200016024.513.12$392
Mar 200012028.422.86$341
Feb 20000027.622.73$0
Jan 200044025.272.48$1,112
Dec 19990024.282.42$0
Nov 199913023.192.43$301
Oct 199926020.982.80$545
Sep 199927021.752.62$587
Aug 199921019.262.88$404
Jul 199931017.892.37$555
Jun 199932015.942.36$510
May 19990015.792.32$0
Apr 19998015.102.21$121
Mar 199933012.471.84$412
Feb 19994109.981.82$409
Jan 19994910710.381.90$712
Dec 199831989.201.77$459
Nov 19988410410.892.19$1,142
Oct 1998476712.421.97$716
Sep 19988013312.592.08$1,284
Aug 1998778211.301.91$1,027
Jul 199809811.742.24$219
Jun 1998319211.242.24$554
May 1998387412.622.21$643
Apr 1998316513.042.51$567
Mar 19987211512.802.31$1,187
Feb 19985610913.952.30$1,032
Jan 1998617514.702.15$1,058
Dec 19976311516.322.41$1,305
Nov 1997627318.193.09$1,353
Oct 1997786919.253.15$1,719
Sep 1997769917.742.95$1,641
Aug 19976712017.862.55$1,503
Jul 1997718917.582.25$1,448
Jun 1997816817.242.26$1,550
May 1997528318.972.31$1,178
Apr 1997757017.882.08$1,487
Mar 19977010518.951.94$1,530
Feb 199760020.492.21$1,229
Jan 19978610323.483.54$2,384
Dec 19969711723.32$2,262
Nov 19969110321.97$1,999
Oct 19969513423.31$2,214
Sep 1996619622.22$1,355
Aug 1996705820.26$1,418
Jul 1996924119.55$1,799
Jun 1996675618.73$1,255
May 19961279419.43$2,468
Apr 1996648921.51$1,377
Mar 19967610619.38$1,473
Feb 1996725316.98$1,223
Jan 19967813917.07$1,331
Dec 1995011017.19$0
Nov 1995737516.00$1,168
Oct 1995803915.43$1,234
Sep 1995723916.18$1,165
Aug 1995705315.92$1,114
Jul 1995759215.24$1,143
Jun 1995718416.41$1,165
May 19951168717.56$2,037
Apr 199504517.73$0
Mar 19951295616.44$2,121
Feb 1995256716.58$415
Jan 19951148715.92$1,815
Dec 1994357515.03$526
Nov 1994866915.90$1,367
Oct 199456015.58$872
Sep 19941067815.29$1,621
Aug 1994697616.13$1,113
Jul 19941087517.56$1,896
Jun 1994548617.09$923
May 19947310115.88$1,159
Apr 1994808314.14$1,131
Mar 199410210712.46$1,271
Feb 19946810812.50$850
Jan 199413914912.66$1,760
Dec 19931077312.33$1,319
Nov 199316910814.49$2,449
Oct 199306515.85$0
Sep 1993725715.03$1,082
Aug 19931766115.66$2,756
Jul 199307315.46$0
Jun 19931228816.79$2,048
May 19938610517.68$1,520
Apr 199311312318.05$2,040
Mar 19931135718.14$2,050
Feb 1993105117.90$1,880
Jan 19931252916.93$2,116

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.

Jan 2015 — as filed, then multipliedworked
Oil                   50 bbl  × $ 43.43 =     $2,172
Casinghead gas         0 Mcf  × $  3.10 =         $0

────────────────────────────────────────────────────
Month total                                   $2,172

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. 6E/O/7868 is the state's own key, not one this site invented.