COURT, THOMAS

Operated by STEPHENS & JOHNSON OPERATING CO. (P-5 817555) in the STRAWN (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 276266District 7BField 86573250CondensateGasSaveExport
Value, all time
$363 k
Mar 2015 – May 2026
Value, last 12 filed months
$35 k
at the published price for each month
Months reported
135
no gaps in the span
Streams
2
condensate, 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 15 leases and 20 wells, and the rule below applies to all of them.

Discovered
1952-08-20
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 40 acres. The field rule took effect on 1966-08-15.

The Commission's schedule remark for this field reads: FIELD RULES EFFECTIVE 8-15-66 PER DOCKET #56,614;

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
CondensateDisposition100 bbl$5,347
GasProduction104,720 Mcf$357,285
Total$362,632

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 32.5727, -98.5175. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.57273, -98.51746 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
3,460 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
00.0%
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.
1100.0%

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 3,460 ft.

Completions filed
Feb 1985
1 of 1 wells

1 well

42-3633344710X3,460 ftFeb 1985

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 (135)

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

135 months

May 20260691106.413.05$2,105
Apr 2026073498.932.87$2,106
Mar 2026074289.753.15$2,337
Feb 2026070863.503.75$2,655
Jan 2026074159.138.00$5,926
Dec 2025076356.664.41$3,367
Nov 2025079158.593.93$3,106
Oct 2025076459.383.30$2,525
Sep 2025082162.743.08$2,526
Aug 2025085663.933.01$2,581
Jul 2025082466.743.32$2,732
Jun 2025084466.483.13$2,641
May 2025081060.553.23$2,618
Apr 2025077762.363.54$2,753
Mar 2025071667.704.27$3,056
Feb 2025044270.884.34$1,919
Jan 2025052374.324.28$2,238
Dec 2024048568.993.12$1,514
Nov 2024057369.052.20$1,260
Oct 2024056271.372.28$1,282
Sep 2024054269.612.36$1,281
Aug 2024061375.632.06$1,265
Jul 2024065679.932.15$1,408
Jun 2024070278.082.63$1,849
May 2024072578.812.20$1,594
Apr 2024080184.451.66$1,329
Mar 2024083880.301.55$1,295
Feb 2024075676.091.78$1,348
Jan 2024059273.023.30$1,952
Dec 2023074871.262.61$1,953
Nov 2023080277.892.81$2,252
Oct 2023088785.443.09$2,738
Sep 2023088489.042.74$2,418
Aug 2023092080.522.67$2,459
Jul 2023097174.852.64$2,565
Jun 2023085668.962.26$1,933
May 2023092170.622.23$2,051
Apr 2023091378.122.24$2,043
Mar 2023093272.852.39$2,230
Feb 2023072575.112.47$1,788
Jan 2023084976.533.39$2,876
Dec 2022082276.415.73$4,709
Nov 2022084185.005.65$4,748
Oct 2022094687.185.86$5,547
Sep 2022096184.888.16$7,845
Aug 202201,00294.529.13$9,145
Jul 202201,029101.587.54$7,761
Jun 202201,048115.097.98$8,360
May 202201,013109.378.43$8,543
Apr 202201,019104.226.84$6,968
Mar 202201,025108.885.08$5,203
Feb 2022089191.054.86$4,329
Jan 2022088281.844.54$4,002
Dec 2021084671.323.90$3,299
Nov 2021072677.435.24$3,802
Oct 2021098579.795.71$5,628
Sep 2021093869.865.35$5,019
Aug 202101,09266.024.22$4,609
Jul 2021089370.783.98$3,556
Jun 2021086869.493.38$2,934
May 2021085463.483.02$2,577
Apr 2021072660.362.76$2,003
Mar 2021068561.302.72$1,861
Feb 2021049257.805.55$2,730
Jan 2021051850.412.81$1,456
Dec 2020058144.642.68$1,554
Nov 2020060338.772.71$1,632
Oct 2020075936.972.48$1,881
Sep 2020090537.091.99$1,802
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 2020011416.921.81$207
Apr 2020050814.751.80$917
Mar 2020055630.341.86$1,032
Feb 2020055949.881.98$1,107
Jan 2020056157.252.09$1,175
Dec 2019060459.012.30$1,392
Nov 2019057855.302.75$1,590
Oct 201910056553.472.42$6,713
Sep 2019059655.052.66$1,584
Aug 2019061353.112.30$1,413
Jul 2019060256.272.46$1,481
Jun 2019062352.782.49$1,552
May 2019063858.482.74$1,748
Apr 2019067362.632.75$1,851
Mar 2019070656.803.06$2,162
Feb 2019070150.852.79$1,957
Jan 2019075646.033.23$2,441
Dec 2018079846.594.19$3,340
Nov 2018083352.934.24$3,530
Oct 2018083261.443.40$2,827
Sep 2018089659.543.11$2,785
Aug 2018092759.403.07$2,843
Jul 2018095265.142.93$2,791
Jun 2018090460.183.08$2,782
May 2018093365.382.90$2,706
Apr 2018088463.842.90$2,564
Mar 2018086661.222.79$2,413
Feb 2018067961.782.77$1,878
Jan 2018073962.874.01$2,963
Dec 2017078857.272.92$2,302
Nov 2017085055.423.12$2,651
Oct 2017088749.292.98$2,647
Sep 2017087047.523.09$2,686
Aug 2017089345.373.00$2,683
Jul 2017087943.873.09$2,714
Jun 2017087142.493.09$2,689
May 2017087945.373.26$2,869
Apr 2017086547.933.21$2,778
Mar 2017086946.772.98$2,593
Feb 2017077350.452.95$2,282
Jan 2017082749.413.42$2,827
Dec 2016088148.763.72$3,280
Nov 2016085242.492.64$2,253
Oct 2016088746.193.09$2,741
Sep 2016087441.553.10$2,710
Aug 2016090941.442.92$2,658
Jul 2016097341.622.92$2,845
Jun 2016091045.352.69$2,444
May 2016092642.521.99$1,844
Apr 2016079236.561.99$1,577
Mar 2016075533.011.79$1,354
Feb 2016077826.472.06$1,606
Jan 2016081627.352.36$1,929
Dec 2015083732.362.00$1,675
Nov 2015086738.792.17$1,879
Oct 2015092343.552.43$2,240
Sep 2015093842.992.76$2,587
Aug 2015088440.162.87$2,539
Jul 2015099348.152.95$2,924
Jun 2015093656.152.88$2,698
May 2015096055.212.96$2,837
Apr 2015091949.822.71$2,487
Mar 2015091342.892.93$2,679

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
Condensate             0 bbl  × $106.41 =         $0
Gas                  691 Mcf  × $  3.05 =     $2,105

────────────────────────────────────────────────────
Month total                                   $2,105

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. 7B/G/276266 is the state's own key, not one this site invented.