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 276520District 7BField 86573250CondensateGasSaveExport
Value, all time
$1.6 M
Mar 2015 – May 2026
Value, last 12 filed months
$146 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
CondensateDisposition1,790 bbl$109,408
GasProduction462,943 Mcf$1,492,855
Total$1,602,263

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 32.5576, -98.5107. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.55756, -98.51070 · 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
3,223 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 3,223 ft.

Completions filed
Jun 2005
1 of 1 wells

1 well

42-3633539225X3,223 ftJun 2005

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 202602,894106.413.05$8,815
Apr 202602,93398.932.87$8,417
Mar 202602,92289.753.15$9,203
Feb 202602,78863.503.75$10,456
Jan 20261842,95459.138.00$34,506
Dec 202503,02056.664.41$13,328
Nov 202502,95058.593.93$11,583
Oct 202503,04159.383.30$10,050
Sep 202502,90862.743.08$8,948
Aug 202503,21163.933.01$9,680
Jul 202503,30466.743.32$10,953
Jun 202503,31366.483.13$10,365
May 202503,31960.553.23$10,728
Apr 202503,16362.363.54$11,207
Mar 202503,28967.704.27$14,039
Feb 202502,59370.884.34$11,256
Jan 202502,98174.324.28$12,755
Dec 202403,18268.993.12$9,932
Nov 202402,95569.052.20$6,496
Oct 202402,91371.372.28$6,646
Sep 202402,86469.612.36$6,772
Aug 2024673,06875.632.06$11,398
Jul 202403,38679.932.15$7,268
Jun 202403,58878.082.63$9,451
May 202403,29878.812.20$7,250
Apr 202403,40784.451.66$5,653
Mar 20241713,43380.301.55$19,036
Feb 202403,12576.091.78$5,574
Jan 202403,00373.023.30$9,903
Dec 202303,39271.262.61$8,856
Nov 202303,38077.892.81$9,490
Oct 202303,57985.443.09$11,049
Sep 202303,53189.042.74$9,657
Aug 202303,69380.522.67$9,871
Jul 202303,68274.852.64$9,727
Jun 202303,45868.962.26$7,810
May 202303,60770.622.23$8,034
Apr 202303,32678.122.24$7,443
Mar 20231793,26972.852.39$20,863
Feb 202302,73175.112.47$6,734
Jan 202302,38376.533.39$8,073
Dec 202207576.415.73$430
Nov 202201,51385.005.65$8,543
Oct 202203,24187.185.86$19,004
Sep 202203,27884.888.16$26,761
Aug 202203,36094.529.13$30,667
Jul 202203,366101.587.54$25,387
Jun 202203,546115.097.98$28,287
May 202203,651109.378.43$30,789
Apr 202203,712104.226.84$25,381
Mar 202203,321108.885.08$16,859
Feb 202202,90691.054.86$14,120
Jan 202203,16381.844.54$14,353
Dec 202102,90071.323.90$11,307
Nov 20211402,72877.435.24$25,126
Oct 202103,43479.795.71$19,621
Sep 202102,97969.865.35$15,940
Aug 202103,71066.024.22$15,658
Jul 202103,26970.783.98$13,017
Jun 202103,38969.493.38$11,457
May 202103,39763.483.02$10,251
Apr 20211632,97960.362.76$18,056
Mar 202103,18461.302.72$8,651
Feb 202102,97857.805.55$16,522
Jan 202103,48050.412.81$9,780
Dec 202003,61844.642.68$9,680
Nov 202003,63738.772.71$9,844
Oct 202003,74336.972.48$9,277
Sep 202003,46637.091.99$6,901
Aug 202003,77239.982.39$8,997
Jul 202003,76438.371.83$6,870
Jun 202003,56434.901.69$6,024
May 202003,29616.921.81$5,981
Apr 202003,30914.751.80$5,971
Mar 202003,53030.341.86$6,552
Feb 202003,31449.881.98$6,564
Jan 202003,39357.252.09$7,107
Dec 2019993,47359.012.30$13,845
Nov 201903,44655.302.75$9,479
Oct 2019833,57653.472.42$13,087
Sep 201903,60755.052.66$9,585
Aug 201903,34753.112.30$7,713
Jul 201903,71156.272.46$9,129
Jun 201902,68152.782.49$6,679
May 201903,33958.482.74$9,150
Apr 201903,60462.632.75$9,914
Mar 20191793,45556.803.06$20,747
Feb 201903,16750.852.79$8,843
Jan 201903,43346.033.23$11,082
Dec 201803,43946.594.19$14,394
Nov 201803,49652.934.24$14,813
Oct 201803,72261.443.40$12,648
Sep 201803,66959.543.11$11,403
Aug 201803,74859.403.07$11,493
Jul 201803,83165.142.93$11,232
Jun 201803,81260.183.08$11,729
May 201803,84665.382.90$11,156
Apr 20181813,67663.842.90$22,218
Mar 201803,82361.222.79$10,654
Feb 201803,11661.782.77$8,619
Jan 201803,22562.874.01$12,930
Dec 201703,59457.272.92$10,500
Nov 201703,44855.423.12$10,752
Oct 201703,70849.292.98$11,063
Sep 201703,68947.523.09$11,389
Aug 201703,82145.373.00$11,480
Jul 201703,39743.873.09$10,487
Jun 201703,49842.493.09$10,799
May 201703,75745.373.26$12,261
Apr 201703,66747.933.21$11,777
Mar 201703,77646.772.98$11,266
Feb 20171593,39750.452.95$18,052
Jan 201703,82249.413.42$13,067
Dec 201603,69148.763.72$13,741
Nov 201603,60842.492.64$9,541
Oct 201604,24946.193.09$13,131
Sep 201604,24141.553.10$13,150
Aug 201604,50741.442.92$13,180
Jul 201604,57941.622.92$13,391
Jun 201604,16145.352.69$11,176
May 201604,31842.521.99$8,597
Apr 201603,95236.561.99$7,869
Mar 201603,96833.011.79$7,119
Feb 201603,66226.472.06$7,557
Jan 201603,88527.352.36$9,186
Dec 20151853,88532.362.00$13,762
Nov 201503,95438.792.17$8,570
Oct 201504,07943.552.43$9,898
Sep 201504,02142.992.76$11,092
Aug 201503,98640.162.87$11,450
Jul 201504,23948.152.95$12,484
Jun 201504,07456.152.88$11,745
May 201504,28455.212.96$12,661
Apr 201503,97649.822.71$10,761
Mar 201504,00742.892.93$11,759

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                2,894 Mcf  × $  3.05 =     $8,815

────────────────────────────────────────────────────
Month total                                   $8,815

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/276520 is the state's own key, not one this site invented.