THORNTON, C.W.

Operated by MMG OIL COMPANY (P-5 518607) in the THORNTON (MORRIS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 19810District 7BField 89574666NGPA filingOilCasinghead gasSaveExport
Value, all time
$252 k
Jan 1993 – Nov 2003
Value, last 12 filed months
$28 k
at the published price for each month
Months reported
131
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 10 leases and 41 wells, and the rule below applies to all of them.

Discovered
1955-10-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres.

The Commission's schedule remark for this field reads: NET GOR 500 MCF/D D. G. L.

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
NGPA2none

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
OilDisposition9,404 bbl$182,782
Casinghead gasProduction37,294 Mcf$69,657
Total$252,439

17,049 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 (2)

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 32.3894, -99.8636. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.38936, -99.86356 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
4,528 ft
2 wells filed one
Completion to plug
20.3 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 4,220 and 4,835 ft, median 4,528 ft, over the 2 wells that filed a depth.

Completions filed
Apr 1983 – Jul 1983
2 of 2 wells
Plug dates filed
Aug 2003
2 of 2 wells

Last completion to plug: a median of 20.3 years across the 2 wells that filed both dates, with the middle half between 20.2 years and 20.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-441324462 A4,220 ftJul 1983Aug 2003Yes
42-441323171 A4,835 ftApr 1983Aug 2003Yes

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 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 200314029.765.13$417
Jul 20037245929.415.17$4,491
Jun 20036025428.565.98$3,233
May 20038324226.595.97$3,652
Apr 20035625126.675.41$2,851
Mar 20036020331.146.10$3,106
Feb 20036321433.487.93$3,805
Jan 20036522430.315.58$3,221
Dec 20027121926.914.85$2,974
Nov 20028224824.664.14$3,048
Oct 20026023526.464.23$2,581
Sep 20028224827.443.64$3,152
Aug 20029824125.963.16$3,307
Jul 2002021724.583.06$664
Jun 20026227223.733.34$2,379
May 20027361824.663.58$4,015
Apr 20021151023.653.51$2,755
Mar 200201022.003.10$31
Feb 200201018.222.38$24
Jan 20021321017.172.38$2,290
Dec 200105416.932.36$128
Nov 2001024118.072.41$580
Oct 2001011019.782.53$278
Sep 2001031924.262.25$718
Aug 200117124524.873.05$5,001
Jul 2001041723.933.20$1,333
Jun 2001017124.563.82$654
May 2001033225.524.31$1,430
Apr 200116928524.685.34$5,691
Mar 2001022524.545.38$1,210
Feb 200118625227.755.77$6,615
Jan 2001026827.478.40$2,251
Dec 2000018526.889.12$1,688
Nov 2000028732.215.66$1,624
Oct 200017522531.235.15$6,623
Sep 2000032431.875.19$1,680
Aug 200017136029.644.54$6,703
Jul 2000034528.534.09$1,411
Jun 200016536129.304.40$6,422
May 2000031027.263.68$1,141
Apr 200017835324.513.12$5,463
Mar 2000023428.422.86$669
Feb 2000021827.622.73$594
Jan 200017117925.272.48$4,765
Dec 1999017924.282.42$434
Nov 199917824023.192.43$4,712
Oct 1999026020.982.80$729
Sep 199917326821.752.62$4,465
Aug 1999023219.262.88$667
Jul 1999025617.892.37$607
Jun 1999026315.942.36$621
May 199917928815.792.32$3,495
Apr 1999021015.102.21$464
Mar 199917622612.471.84$2,610
Feb 199902099.981.82$380
Jan 199918225610.381.90$2,376
Dec 199801709.201.77$301
Nov 1998021110.892.19$461
Oct 199817822312.421.97$2,650
Sep 1998025412.592.08$529
Aug 199817331911.301.91$2,563
Jul 1998031411.742.24$703
Jun 1998029011.242.24$649
May 199817332112.622.21$2,892
Apr 1998026313.042.51$659
Mar 1998029712.802.31$686
Feb 199818226113.952.30$3,139
Jan 1998029514.702.15$636
Dec 199717128816.322.41$3,485
Nov 1997029518.193.09$911
Oct 199717833019.253.15$4,466
Sep 1997028317.742.95$836
Aug 1997034317.862.55$876
Jul 199717935917.582.25$3,953
Jun 1997030817.242.26$695
May 199717730418.972.31$4,059
Apr 1997028217.882.08$587
Mar 199717729618.951.94$3,928
Feb 1997027920.492.21$615
Jan 1997028823.483.54$1,019
Dec 199617128323.32$3,988
Nov 1996028321.97$0
Oct 199617636423.31$4,103
Sep 1996036822.22$0
Aug 199617549020.26$3,546
Jul 1996033219.55$0
Jun 199617637318.73$3,296
May 199617840219.43$3,459
Apr 1996037421.51$0
Mar 199617534519.38$3,392
Feb 1996035416.98$0
Jan 199617838317.07$3,038
Dec 1995035617.19$0
Nov 199517741416.00$2,832
Oct 199517552115.43$2,700
Sep 1995049516.18$0
Aug 199517249015.92$2,738
Jul 199516551715.24$2,515
Jun 1995049516.41$0
May 1995018717.56$0
Apr 1995482317.73$851
Mar 199513040516.44$2,137
Feb 199515732316.58$2,603
Jan 1995048215.92$0
Dec 199413846115.03$2,074
Nov 199413023815.90$2,067
Oct 1994013115.58$0
Sep 1994026915.29$0
Aug 199411943116.13$1,919
Jul 199411737417.56$2,055
Jun 1994033817.09$0
May 199411230215.88$1,779
Apr 199412030714.14$1,697
Mar 199411331312.46$1,408
Feb 1994025112.50$0
Jan 199410626112.66$1,342
Dec 199311730012.33$1,443
Nov 199312734814.49$1,840
Oct 1993036515.85$0
Sep 199310938915.03$1,638
Aug 199311647515.66$1,817
Jul 199311738115.46$1,809
Jun 199310837416.79$1,813
May 199314436517.68$2,546
Apr 1993033118.05$0
Mar 199312233518.14$2,213
Feb 199312634917.90$2,255
Jan 1993030216.93$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.

Aug 2003 — as filed, then multipliedworked
Oil                   14 bbl  × $ 29.76 =       $417
Casinghead gas         0 Mcf  × $  5.13 =         $0

────────────────────────────────────────────────────
Month total                                     $417

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/O/19810 is the state's own key, not one this site invented.