THORN, J. D.

Operated by CLEAR FORK, INCORPORATED (P-5 159500) in the LAZARUS (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 28694District 7BField 52510700OilCasinghead gasSaveExport
Value, all time
$1.5 M
Oct 1999 – Sep 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
180
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 24 leases and 26 wells, and the rule below applies to all of them.

Discovered
1986-05-29
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: INITIAL 49B RATE IS 263 MCF.

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
OilDisposition23,875 bbl$1,131,290
Casinghead gasProduction45,105 Mcf$330,519
Total$1,461,809

Every month this lease reported (180)

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

180 months

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 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 201214085.133.02$1,192
Jun 20120679.822.52$15
May 201201391.612.49$32
Apr 2012012101.652.00$24
Mar 201209105.052.22$20
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 20111051094.144.52$9,930
Jun 201104092.904.64$186
May 20111065898.134.40$10,657
Apr 201110450105.964.33$11,237
Mar 201101496.364.06$57
Feb 201102885.644.18$117
Jan 20111193586.504.59$10,454
Dec 201003285.734.35$139
Nov 20101163580.843.80$9,510
Oct 201001678.103.51$56
Sep 201002172.633.98$84
Aug 20100173.684.42$4
Jul 20100072.554.74$0
Jun 20101214470.364.91$8,730
May 201001171.124.24$47
Apr 20101273281.694.12$10,507
Mar 20101122978.394.39$8,907
Feb 201003373.585.44$180
Jan 2010982474.365.96$7,430
Dec 20091343871.445.48$9,781
Nov 20091474574.593.75$11,134
Oct 20091466072.544.11$10,837
Sep 20091587065.543.06$10,570
Aug 20091505867.423.22$10,300
Jul 20093237761.133.46$20,012
Jun 200904566.163.90$175
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 200989035.865.37$3,192
Dec 20080037.105.98$0
Nov 200802855.496.86$192
Oct 20080075.246.92$0
Sep 20081080101.767.88$10,990
Aug 20080206114.228.48$1,748
Jul 20080363131.0811.39$4,134
Jun 2008137409131.3313.03$23,323
May 20080413123.1711.57$4,780
Apr 2008134519110.3110.45$20,208
Mar 2008137631101.909.66$20,058
Feb 2008058492.538.77$5,122
Jan 20088749190.388.21$11,892
Dec 20079057088.337.30$12,112
Nov 2007057991.677.29$4,222
Oct 20078863682.856.92$11,693
Sep 20078766775.846.24$10,763
Aug 20079072069.066.39$10,815
Jul 2007064170.906.39$4,095
Jun 20078955262.007.55$9,685
May 20079258358.747.85$9,978
Apr 20079258459.617.81$10,042
Mar 20078952256.927.30$8,878
Feb 20079754855.108.22$9,847
Jan 200710659450.306.73$9,328
Dec 200610763256.656.92$10,434
Nov 200610364054.207.62$10,458
Oct 200621161654.906.01$15,288
Sep 200611057860.085.04$9,520
Aug 200613175068.717.34$14,506
Jul 200614474769.376.34$14,727
Jun 200628283966.286.38$24,047
May 200626790866.016.42$23,459
Apr 200614982864.397.36$15,689
Mar 200630793156.707.08$24,001
Feb 200630177057.597.75$23,303
Jan 200631592060.598.93$27,305
Dec 200547296554.9413.42$38,878
Nov 200532195454.6910.59$27,657
Oct 20053411,15458.3413.80$35,814
Sep 200549096561.4512.08$41,767
Aug 20054921,23261.519.80$42,333
Jul 20056151,22455.697.84$43,850
Jun 200531790252.337.38$23,246
May 200547794445.226.65$27,849
Apr 20055381,00649.207.36$33,874
Mar 20055371,08350.377.15$34,797
Feb 200566296345.226.31$36,014
Jan 20054621,12243.166.32$27,033
Dec 20047801,09239.866.75$38,463
Nov 200479494845.286.33$41,954
Oct 20046431,04149.706.52$38,739
Sep 20047671,03443.245.28$38,629
Aug 200481289342.375.55$39,361
Jul 200447865038.286.08$22,253
Jun 200428920936.106.43$11,777
May 20041075337.486.49$4,355
Apr 200404734.475.86$275
Mar 20041084734.365.53$3,971
Feb 20041074032.455.51$3,693
Jan 2004824232.036.30$2,891
Dec 2003110030.266.30$3,329
Nov 2003022428.804.60$1,029
Oct 2003121028.174.76$3,409
Sep 2003113026.314.75$2,973
Aug 2003109029.765.13$3,244
Jul 2003110029.415.17$3,235
Jun 20031124728.565.98$3,480
May 20031093826.595.97$3,125
Apr 200303026.675.41$162
Mar 20031155831.146.10$3,935
Feb 20031126033.487.93$4,225
Jan 20031096830.315.58$3,683
Dec 20021136526.914.85$3,356
Nov 20021134724.664.14$2,981
Oct 200204826.464.23$203
Sep 20021027027.443.64$3,053
Aug 20022189225.963.16$5,950
Jul 2002010024.583.06$306
Jun 200211310623.733.34$3,035
May 20021974724.663.58$5,026
Apr 200203523.653.51$123
Mar 20022204222.003.10$4,970
Feb 20021132918.222.38$2,128
Jan 200202917.172.38$69
Dec 20011452916.932.36$2,523
Nov 20011146318.072.41$2,212
Oct 20011137019.782.53$2,412
Sep 20011148224.262.25$2,950
Aug 20011138824.873.05$3,079
Jul 20012269023.933.20$5,696
Jun 20011139924.563.82$3,154
May 200111210125.524.31$3,293
Apr 20011158424.685.34$3,286
Mar 20011159124.545.38$3,311
Feb 20011149227.755.77$3,694
Jan 200121813227.478.40$7,097
Dec 200011413626.889.12$4,305
Nov 200022820832.215.66$8,521
Oct 200022626131.235.15$8,401
Sep 200011430131.875.19$5,194
Aug 200022435029.644.54$8,229
Jul 200022833128.534.09$7,859
Jun 200022331029.304.40$7,897
May 200033822327.263.68$10,034
Apr 200022528324.513.12$6,397
Mar 200032627628.422.86$10,054
Feb 200010115427.622.73$3,210
Jan 200023111625.272.48$6,125
Dec 199923312024.282.42$5,948
Nov 199933322523.192.43$8,270
Oct 19990020.982.80$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.

Jul 2012 — as filed, then multipliedworked
Oil                   14 bbl  × $ 85.13 =     $1,192
Casinghead gas         0 Mcf  × $  3.02 =         $0

────────────────────────────────────────────────────
Month total                                   $1,192

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/28694 is the state's own key, not one this site invented.