THORP

Operated by VERDAD OIL & GAS CORPORATION (P-5 884572) in the DOVE CREEK (CANYON -C-) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 120786District 7CField 25930284NGPA filingCondensateGasSaveExport
Value, all time
$811 k
Jan 1993 – Jul 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
343
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 47 leases and 71 wells, and the rule below applies to all of them.

Discovered
1965-04-30
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1984-09-01.

The Commission's schedule remark for this field reads: CONSOLIDATED) FIELD EFFECTIVE 03/01/2026.

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
NGPA1none

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
CondensateDisposition749 bbl$22,256
GasProduction346,963 Mcf$788,356
Total$810,612

176,540 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 (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 31.2024, -100.7007. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.20243, -100.70071 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
6,300 ft
1 wells filed one
Completion to plug
33.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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

The one well that filed a depth was drilled to 6,300 ft.

Completions filed
Mar 1986
1 of 1 wells
Plug dates filed
Jan 2020
1 of 1 wells

Last completion to plug: a median of 33.8 years across the 1 well that filed both dates, with the middle half between 33.8 years and 33.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2353274416,300 ftMar 1986Jan 2020Yes

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 (343)

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

343 months

Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20204457.252.09$237
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 2019121353.112.30$667
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 2019016650.852.79$464
Jan 2019017346.033.23$558
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20186759.543.11$379
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 201802063.842.90$58
Mar 201864461.222.79$490
Feb 201805261.782.77$144
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20167842.521.99$314
Apr 201608336.561.99$165
Mar 2016024533.011.79$440
Feb 2016032226.472.06$664
Jan 2016045527.352.36$1,076
Dec 201502032.362.00$40
Nov 2015036438.792.17$789
Oct 2015232743.552.43$881
Sep 2015051742.992.76$1,426
Aug 2015024540.162.87$704
Jul 2015020848.152.95$613
Jun 2015026456.152.88$761
May 2015024455.212.96$721
Apr 2015038049.822.71$1,029
Mar 2015032242.892.93$945
Feb 2015032244.662.98$958
Jan 2015047343.433.10$1,467
Dec 2014046654.693.59$1,674
Nov 2014042270.464.25$1,794
Oct 2014028278.303.90$1,100
Sep 2014025586.164.05$1,032
Aug 2014228389.394.04$1,321
Jul 2014050096.564.18$2,090
Jun 2014018598.164.74$876
May 2014039894.734.73$1,881
Apr 2014033095.944.81$1,587
Mar 2014037095.895.06$1,871
Feb 2014029997.406.19$1,851
Jan 2014047890.404.86$2,323
Dec 2013026991.824.35$1,171
Nov 2013142788.853.74$1,685
Oct 2013036897.423.78$1,391
Sep 20130446104.113.72$1,658
Aug 20130211104.253.52$743
Jul 20130370102.523.72$1,376
Jun 2013018694.403.93$732
May 2013020694.834.15$855
Apr 2013022993.964.28$981
Mar 2013028393.623.91$1,107
Feb 2013028591.233.42$975
Jan 2013036091.603.42$1,231
Dec 2012024986.773.42$852
Nov 2012030086.953.62$1,087
Oct 2012034989.383.40$1,186
Sep 2012059394.672.92$1,731
Aug 2012036792.662.91$1,067
Jul 2012056185.133.02$1,695
Jun 2012050779.822.52$1,277
May 2012041591.612.49$1,033
Apr 20120362101.652.00$723
Mar 20120379105.052.22$842
Feb 20120255101.102.57$655
Jan 2012024598.092.73$670
Dec 2011045796.873.24$1,481
Nov 2011050595.723.31$1,672
Oct 2011026884.983.65$978
Sep 2011048383.623.99$1,925
Aug 2011034783.404.15$1,440
Jul 2011027394.144.52$1,233
Jun 2011028092.904.64$1,299
May 201108498.134.40$370
Apr 20110121105.964.33$524
Mar 2011042096.364.06$1,704
Feb 2011055085.644.18$2,299
Jan 2011040686.504.59$1,863
Dec 201001,08685.734.35$4,722
Nov 2010051080.843.80$1,936
Oct 2010048178.103.51$1,688
Sep 2010053672.633.98$2,133
Aug 2010022973.684.42$1,012
Jul 2010046472.554.74$2,198
Jun 2010046970.364.91$2,303
May 2010033771.124.24$1,427
Apr 2010020881.694.12$858
Mar 2010028878.394.39$1,264
Feb 20105330273.585.44$5,543
Jan 2010038074.365.96$2,266
Dec 2009051171.445.48$2,802
Nov 2009022174.593.75$829
Oct 2009033872.544.11$1,389
Sep 2009033265.543.06$1,018
Aug 2009031767.423.22$1,020
Jul 2009026161.133.46$904
Jun 2009032166.163.90$1,250
May 2009033754.743.93$1,323
Apr 2009032246.773.59$1,155
Mar 2009041742.144.06$1,693
Feb 2009036832.814.63$1,705
Jan 2009045735.865.37$2,455
Dec 2008043237.105.98$2,582
Nov 2008045755.496.86$3,135
Oct 2008028275.246.92$1,952
Sep 20080527101.767.88$4,151
Aug 20080511114.228.48$4,335
Jul 20080586131.0811.39$6,674
Jun 20080822131.3313.03$10,713
May 20080933123.1711.57$10,799
Apr 20080636110.3110.45$6,649
Mar 20080575101.909.66$5,557
Feb 2008042292.538.77$3,701
Jan 2008023690.388.21$1,937
Dec 2007028188.337.30$2,052
Nov 2007028391.677.29$2,064
Oct 2007053882.856.92$3,724
Sep 2007052175.846.24$3,253
Aug 2007055469.066.39$3,539
Jul 2007042870.906.39$2,734
Jun 2007024862.007.55$1,872
May 2007040558.747.85$3,178
Apr 2007039059.617.81$3,044
Mar 200701,16656.927.30$8,514
Feb 2007030955.108.22$2,539
Jan 2007057850.306.73$3,888
Dec 2006049456.656.92$3,418
Nov 2006056654.207.62$4,311
Oct 2006039054.906.01$2,345
Sep 2006048860.085.04$2,458
Aug 2006043968.717.34$3,222
Jul 2006064769.376.34$4,104
Jun 2006068066.286.38$4,341
May 2006053166.016.42$3,412
Apr 20066349064.397.36$7,663
Mar 2006071956.707.08$5,093
Feb 2006096057.597.75$7,441
Jan 200601,17460.598.93$10,488
Dec 200501,19754.9413.42$16,058
Nov 2005088154.6910.59$9,328
Oct 200501,33758.3413.80$18,445
Sep 200501,23761.4512.08$14,942
Aug 200501,04261.519.80$10,208
Jul 2005076055.697.84$5,961
Jun 2005071852.337.38$5,300
May 2005062545.226.65$4,157
Apr 200501,25149.207.36$9,208
Mar 200501,10450.377.15$7,899
Feb 200501,24145.226.31$7,833
Jan 200501,42943.166.32$9,034
Dec 2004069639.866.75$4,699
Nov 2004062045.286.33$3,925
Oct 2004068349.706.52$4,450
Sep 2004064843.245.28$3,424
Aug 2004082942.375.55$4,602
Jul 2004067038.286.08$4,076
Jun 200401,01636.106.43$6,536
May 2004070937.486.49$4,605
Apr 20043959534.475.86$4,830
Mar 2004071734.365.53$3,965
Feb 200401,33832.455.51$7,372
Jan 200401,45332.036.30$9,153
Dec 2003084930.266.30$5,350
Nov 2003061028.804.60$2,803
Oct 2003093928.174.76$4,469
Sep 2003092626.314.75$4,398
Aug 200301,02129.765.13$5,237
Jul 2003098029.415.17$5,067
Jun 2003052528.565.98$3,141
May 2003301,09326.595.97$7,326
Apr 2003083726.675.41$4,526
Mar 2003079431.146.10$4,840
Feb 2003080033.487.93$6,341
Jan 2003081830.315.58$4,566
Dec 2002095526.914.85$4,635
Nov 2002078924.664.14$3,264
Oct 2002084126.464.23$3,557
Sep 200201,02227.443.64$3,715
Aug 200201,24225.963.16$3,930
Jul 2002096824.583.06$2,964
Jun 200201,02023.733.34$3,405
May 200201,10324.663.58$3,953
Apr 2002181,15323.653.51$4,475
Mar 200201,53722.003.10$4,769
Feb 200201,52218.222.38$3,616
Jan 200201,64717.172.38$3,913
Dec 200101,15116.932.36$2,721
Nov 200101,08818.072.41$2,617
Oct 200101,46719.782.53$3,710
Sep 200101,08624.262.25$2,445
Aug 200101,10224.873.05$3,365
Jul 200101,58623.933.20$5,071
Jun 200101,19024.563.82$4,551
May 200101,14425.524.31$4,928
Apr 2001093724.685.34$4,999
Mar 200101,25524.545.38$6,747
Feb 2001281,18427.755.77$7,605
Jan 200101,43527.478.40$12,052
Dec 2000091526.889.12$8,347
Nov 200001,38332.215.66$7,825
Oct 200001,49231.235.15$7,677
Sep 2000301,73831.875.19$9,970
Aug 200001,13629.644.54$5,158
Jul 200001,44128.534.09$5,893
Jun 200001,22929.304.40$5,404
May 200002,27927.263.68$8,386
Apr 200001,12024.513.12$3,490
Mar 200001,63128.422.86$4,664
Feb 2000694127.622.73$2,731
Jan 200001,08825.272.48$2,699
Dec 199901,28024.282.42$3,102
Nov 199901,48623.192.43$3,617
Oct 1999082920.982.80$2,324
Sep 1999040121.752.62$1,050
Aug 1999051919.262.88$1,492
Jul 1999044117.892.37$1,046
Jun 1999053515.942.36$1,264
May 1999052915.792.32$1,228
Apr 1999049515.102.21$1,093
Mar 1999044412.471.84$816
Feb 199905349.981.82$971
Jan 1999049710.381.90$944
Dec 199804739.201.77$839
Nov 1998046710.892.19$1,021
Oct 1998069612.421.97$1,371
Sep 1998069812.592.08$1,454
Aug 1998075211.301.91$1,434
Jul 1998086511.742.24$1,935
Jun 1998086411.242.24$1,933
May 199801,05912.622.21$2,337
Apr 199801,14413.042.51$2,866
Mar 199801,22812.802.31$2,836
Feb 1998371,15213.952.30$3,165
Jan 199801,19314.702.15$2,571
Dec 199711,33816.322.41$3,242
Nov 199701,46318.193.09$4,518
Oct 199701,64519.253.15$5,181
Sep 199701,71317.742.95$5,062
Aug 199701,79717.862.55$4,591
Jul 199702,07317.582.25$4,658
Jun 199701,83417.242.26$4,140
May 199701,84318.972.31$4,255
Apr 199702,22917.882.08$4,643
Mar 199702,05818.951.94$3,991
Feb 199702,06320.492.21$4,551
Jan 199702,82923.483.54$10,014
Dec 199602,83423.32$0
Nov 199602,34321.97$0
Oct 199602,27623.31$0
Sep 199602,16822.22$0
Aug 199602,59420.26$0
Jul 199602,89619.55$0
Jun 199602,97618.73$0
May 19961383,19219.43$2,681
Apr 199602,76821.51$0
Mar 199603,14719.38$0
Feb 199603,05016.98$0
Jan 199603,27417.07$0
Dec 199503,27417.19$0
Nov 199503,28216.00$0
Oct 199513,45915.43$15
Sep 199503,39016.18$0
Aug 199503,44715.92$0
Jul 199503,59015.24$0
Jun 199503,55316.41$0
May 199503,53617.56$0
Apr 199503,60617.73$0
Mar 199503,74716.44$0
Feb 199503,34816.58$0
Jan 199503,51115.92$0
Dec 199403,82615.03$0
Nov 199403,80315.90$0
Oct 199414,01015.58$16
Sep 199404,06215.29$0
Aug 199404,26716.13$0
Jul 199404,00717.56$0
Jun 199403,88817.09$0
May 199404,22915.88$0
Apr 1994914,28114.14$1,287
Mar 199404,48612.46$0
Feb 199404,02812.50$0
Jan 199404,44712.66$0
Dec 199304,37712.33$0
Nov 199304,32314.49$0
Oct 199304,16515.85$0
Sep 199304,29415.03$0
Aug 199304,32115.66$0
Jul 199304,30015.46$0
Jun 199304,34316.79$0
May 19931734,73517.68$3,059
Apr 199304,36418.05$0
Mar 199304,46518.14$0
Feb 199303,94517.90$0
Jan 199304,31316.93$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.

Jan 2020 — as filed, then multipliedworked
Condensate             4 bbl  × $ 57.25 =       $229
Gas                    4 Mcf  × $  2.09 =         $8

────────────────────────────────────────────────────
Month total                                     $237

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. 7C/G/120786 is the state's own key, not one this site invented.