THOMASON, UNIVERSITY

Operated by L & M OPERATING, INC. (P-5 480113) in the WEGER, NORTH field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 6738District 7CField 95869001Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$5.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$89 k
at the published price for each month
Months reported
401
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 12 leases and 47 wells, and the rule below applies to all of them.

Discovered
1955-12-22
as the register files it
Field class
Oil
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

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

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: OPTIONAL 20 ACRE UNITS W/1500 FT. MAX. DIAGONAL

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
OilDisposition119,013 bbl$4,904,775
Casinghead gasProduction250,164 Mcf$812,521
Total$5,717,297

71,064 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 (8)

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 31.0821, -101.4336. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

31.08244, -101.43347 · 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 8 wells
With a plug date
25.0%
2 of 8 wells
Median depth
2,462 ft
8 wells filed one
Completion to plug
2 wells filed both, dated out of order

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
225.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
675.0%

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

Total depth in feet, 8 of 8 wells. Median 2,462 ft, with the middle half between 2,454 and 2,474 ft; the shallowest is 2,445 ft and the deepest 2,525 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 8 of 8 wells, Oct 1975 – Sep 1982. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Oct 1975 – Sep 1982
8 of 8 wells
Plug dates filed
May 1974
2 of 8 wells; 6 filed none

Last completion to plug: no median is published. 2 wells on this lease filed both dates, and on every one of them the last completion is dated after the plug date, so there is no interval to take a median of. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

8 wells

42-3833226982,455 ftSep 1982
42-3833194552,463 ftDec 1981
42-3833194472,466 ftAug 1981
42-3833152742,445 ftApr 1980
42-3833176962,460 ftFeb 1980
42-3833142032,450 ftSep 1979
42-3832054022,525 ftOct 1975May 1974
42-3832054112,499 ftOct 1975May 1974

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 (401)

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

401 months

May 20260116106.413.05$353
Apr 202616411598.932.87$16,555
Mar 202616711689.753.15$15,354
Feb 2026011563.503.75$431
Jan 202616611659.138.00$10,743
Dec 2025012056.664.41$530
Nov 202516511558.593.93$10,119
Oct 202516512559.383.30$10,211
Sep 2025014562.743.08$446
Aug 2025012063.933.01$362
Jul 202517012066.743.32$11,744
Jun 202516622066.483.13$11,724
May 2025018060.553.23$582
Apr 202533121562.363.54$21,403
Mar 2025013567.704.27$576
Feb 202517017870.884.34$12,822
Jan 2025015074.324.28$642
Dec 202433215868.993.12$23,398
Nov 2024014069.052.20$308
Oct 202416818071.372.28$12,401
Sep 2024014569.612.36$343
Aug 202416414275.632.06$12,696
Jul 202416514079.932.15$13,489
Jun 202416216078.082.63$13,070
May 202416812478.812.20$13,513
Apr 202416712484.451.66$14,309
Mar 202416717880.301.55$13,685
Feb 202416612476.091.78$12,852
Jan 202416618073.023.30$12,715
Dec 202333021771.262.61$24,082
Nov 202316516077.892.81$13,301
Oct 2023013585.443.09$417
Sep 202317013089.042.74$15,492
Aug 202316313080.522.67$13,472
Jul 202316215574.852.64$12,535
Jun 202316315068.962.26$11,579
May 2023024870.622.23$552
Apr 20231678578.122.24$13,236
Mar 20231667072.852.39$12,261
Feb 20231885875.112.47$14,264
Jan 202305476.533.39$183
Dec 20221716076.415.73$13,410
Nov 20221654585.005.65$14,279
Oct 20221693887.185.86$14,956
Sep 20221644484.888.16$14,280
Aug 20221664094.529.13$16,055
Jul 202216740101.587.54$17,266
Jun 202216442115.097.98$19,210
May 202216442109.378.43$18,291
Apr 202216542104.226.84$17,483
Mar 202217044108.885.08$18,733
Feb 20221644291.054.86$15,136
Jan 20221674281.844.54$13,858
Dec 20213344071.323.90$23,977
Nov 202104877.435.24$251
Oct 202116312079.795.71$13,691
Sep 202104469.865.35$235
Aug 20211594066.024.22$10,666
Jul 20211633870.783.98$11,688
Jun 20211714069.493.38$12,018
May 20211644263.483.02$10,537
Apr 20211574460.362.76$9,598
Mar 20211614261.302.72$9,983
Feb 20211704257.805.55$10,059
Jan 20211664250.412.81$8,486
Dec 20201584544.642.68$7,174
Nov 20201654538.772.71$6,519
Oct 20203346536.972.48$12,509
Sep 20201669537.091.99$6,346
Aug 202048812039.982.39$19,796
Jul 2020024038.371.83$438
Jun 202015712034.901.69$5,682
May 2020011516.921.81$209
Apr 2020027014.751.80$487
Mar 20201622230.341.86$4,956
Feb 202031827049.881.98$16,397
Jan 202016027057.252.09$9,726
Dec 201917127059.012.30$10,713
Nov 201934827055.302.75$19,987
Oct 201917127053.472.42$9,796
Sep 201932027055.052.66$18,333
Aug 201950538553.112.30$27,708
Jul 20193502756.272.46$19,761
Jun 20191692752.782.49$8,987
May 201916355958.482.74$11,064
Apr 201915932962.632.75$10,863
Mar 201950563156.803.06$30,616
Feb 201916351550.852.79$9,727
Jan 2019022446.033.23$723
Dec 201801846.594.19$75
Nov 201815841152.934.24$10,104
Oct 201816637261.443.40$11,463
Sep 201817340259.543.11$11,550
Aug 2018039559.403.07$1,211
Jul 201815737765.142.93$11,332
Jun 201815942360.183.08$10,870
May 201815546665.382.90$11,486
Apr 201816939663.842.90$11,938
Mar 201831857661.222.79$21,073
Feb 201831256261.782.77$20,830
Jan 201816460762.874.01$12,744
Dec 201716449657.272.92$10,841
Nov 201732666155.423.12$20,128
Oct 201717331049.292.98$9,452
Sep 2017024347.523.09$750
Aug 201718226545.373.00$9,054
Jul 201716526643.873.09$8,060
Jun 201716733842.493.09$8,139
May 201716842245.373.26$8,999
Apr 201718748747.933.21$10,527
Mar 201718440346.772.98$9,808
Feb 201718748850.452.95$10,875
Jan 201718459549.413.42$11,126
Dec 201635954948.763.72$19,549
Nov 201617541642.492.64$8,536
Oct 201617537946.193.09$9,254
Sep 201617335741.553.10$8,295
Aug 201617734741.442.92$8,350
Jul 2016031041.622.92$907
Jun 201617329145.352.69$8,627
May 201619033842.521.99$8,752
Apr 201617634136.561.99$7,114
Mar 2016018733.011.79$335
Feb 201617729426.472.06$5,292
Jan 20161702527.352.36$4,709
Dec 20151711032.362.00$5,554
Nov 201517835638.792.17$7,676
Oct 2015039943.552.43$968
Sep 201517135442.992.76$8,328
Aug 201517637640.162.87$8,148
Jul 201518439448.152.95$10,020
Jun 201518541856.152.88$11,593
May 201517439155.212.96$10,762
Apr 2015037449.822.71$1,012
Mar 201535838242.892.93$16,476
Feb 2015032744.662.98$973
Jan 201516536943.433.10$8,310
Dec 201419314454.693.59$11,072
Nov 201419125270.464.25$14,529
Oct 201419145978.303.90$16,746
Sep 201415835586.164.05$15,049
Aug 2014033489.394.04$1,348
Jul 201450519196.564.18$49,561
Jun 2014051898.164.74$2,454
May 201418042794.734.73$19,070
Apr 201419035095.944.81$19,912
Mar 201418131295.895.06$18,934
Feb 2014017397.406.19$1,071
Jan 201434721190.404.86$32,394
Dec 201317222291.824.35$16,760
Nov 2013035888.853.74$1,338
Oct 201316721697.423.78$17,085
Sep 2013176260104.113.72$19,290
Aug 2013172109104.253.52$18,315
Jul 2013166359102.523.72$18,353
Jun 201316721694.403.93$16,614
May 2013010994.834.15$452
Apr 201317530393.964.28$17,741
Mar 201317238993.623.91$17,625
Feb 201317230891.233.42$16,745
Jan 20131748891.603.42$16,239
Dec 201218117286.773.42$16,294
Nov 201217636586.953.62$16,626
Oct 201218644389.383.40$18,131
Sep 201218713594.672.92$18,097
Aug 201217919492.662.91$17,150
Jul 201217543685.133.02$16,215
Jun 201217054679.822.52$14,945
May 201218349691.612.49$17,999
Apr 2012186416101.652.00$19,738
Mar 2012174380105.052.22$19,123
Feb 2012183455101.102.57$19,671
Jan 201218352398.092.73$19,380
Dec 201117647596.873.24$18,588
Nov 201118547895.723.31$19,291
Oct 201132554684.983.65$29,611
Sep 201117049883.623.99$16,200
Aug 201117659483.404.15$17,143
Jul 201138552994.144.52$38,634
Jun 201119252992.904.64$20,291
May 201118452698.134.40$20,373
Apr 2011188511105.964.33$22,135
Mar 201136954396.364.06$37,760
Feb 201119660785.644.18$19,323
Jan 201137568086.504.59$35,558
Dec 201018968085.734.35$19,159
Nov 201036351080.843.80$31,281
Oct 201018855278.103.51$16,620
Sep 201018558972.633.98$15,780
Aug 201018249973.684.42$15,615
Jul 201018457372.554.74$16,063
Jun 201036367670.364.91$28,860
May 201018370671.124.24$16,005
Apr 201036574681.694.12$32,892
Mar 201018769478.394.39$17,705
Feb 201037759373.585.44$30,967
Jan 201034767174.365.96$29,805
Dec 200917364871.445.48$15,913
Nov 200934478974.593.75$28,619
Oct 200935671872.544.11$28,775
Sep 200918375065.543.06$14,292
Aug 200918356967.423.22$14,169
Jul 200917449661.133.46$12,355
Jun 200936463666.163.90$26,559
May 200917975054.743.93$12,743
Apr 200935990646.773.59$20,041
Mar 200918151842.144.06$9,730
Feb 200919046932.814.63$8,407
Jan 200918043035.865.37$8,764
Dec 200818547337.105.98$9,691
Nov 200838078755.496.86$26,485
Oct 200836591075.246.92$33,762
Sep 2008364626101.767.88$41,972
Aug 2008363833114.228.48$48,528
Jul 2008184647131.0811.39$31,488
Jun 2008369581131.3313.03$56,033
May 2008166681123.1711.57$28,328
Apr 2008378791110.3110.45$49,967
Mar 2008196822101.909.66$27,916
Feb 200838386392.538.77$43,008
Jan 200837992590.388.21$41,844
Dec 20075311,00488.337.30$54,234
Nov 200735496591.677.29$39,488
Oct 200733670582.856.92$32,718
Sep 200734464975.846.24$30,141
Aug 2007052269.066.39$3,335
Jul 200734660270.906.39$28,377
Jun 200717443462.007.55$14,064
May 200717355658.747.85$14,525
Apr 200735058259.617.81$25,406
Mar 200717463756.927.30$14,555
Feb 200717661555.108.22$14,750
Jan 200734661950.306.73$21,568
Dec 200617372956.656.92$14,844
Nov 200634270454.207.62$23,899
Oct 200617366154.906.01$13,473
Sep 200617465660.085.04$13,758
Aug 200633573768.717.34$28,427
Jul 200632765069.376.34$26,807
Jun 200616475066.286.38$15,658
May 200651491466.016.42$39,802
Apr 2006056164.397.36$4,129
Mar 200635262556.707.08$24,385
Feb 200617455357.597.75$14,307
Jan 200634772460.598.93$27,492
Dec 200534480254.9413.42$29,659
Nov 200516860654.6910.59$15,604
Oct 200534577958.3413.80$30,874
Sep 200516978961.4512.08$19,915
Aug 200517676261.519.80$18,291
Jul 200533291555.697.84$25,666
Jun 200516697452.337.38$15,876
May 200534998845.226.65$22,353
Apr 20053541,05449.207.36$25,175
Mar 200534186150.377.15$23,337
Feb 200517773445.226.31$12,637
Jan 200534887343.166.32$20,539
Dec 20041731,09739.866.75$14,302
Nov 200435194645.286.33$21,882
Oct 20045291,23849.706.52$34,357
Sep 200417889143.245.28$12,405
Aug 200434381542.375.55$19,057
Jul 200433088938.286.08$18,041
Jun 200434989836.106.43$18,376
May 200417791337.486.49$12,564
Apr 200435286734.475.86$17,213
Mar 200435295834.365.53$17,393
Feb 200435290332.455.51$16,398
Jan 200417894432.036.30$11,648
Dec 20033531,00130.266.30$16,990
Nov 20035111,14628.804.60$19,983
Oct 20033551,12128.174.76$15,336
Sep 20033511,22226.314.75$15,039
Aug 20035271,22729.765.13$21,978
Jul 200334483729.415.17$14,445
Jun 200335673028.565.98$14,535
May 200316876026.595.97$9,006
Apr 200335665826.675.41$13,053
Mar 200353177331.146.10$21,248
Feb 200317957533.487.93$10,550
Jan 200335372930.315.58$14,769
Dec 200235267826.914.85$12,763
Nov 200235473724.664.14$11,779
Oct 200217563626.464.23$7,320
Sep 200252284627.443.64$17,399
Aug 200217575725.963.16$6,938
Jul 200235180024.583.06$11,077
Jun 200235795023.733.34$11,643
May 200235684724.663.58$11,815
Apr 200235899723.653.51$11,968
Mar 200235790922.003.10$10,674
Feb 200218348318.222.38$4,482
Jan 200236576117.172.38$8,075
Dec 200154580816.932.36$11,137
Nov 200118176418.072.41$5,108
Oct 200135568519.782.53$8,754
Sep 200135467924.262.25$10,117
Aug 200134791224.873.05$11,414
Jul 200161691223.933.20$17,657
Jun 200117970624.563.82$7,096
May 200153774025.524.31$16,892
Apr 200136664724.685.34$12,485
Mar 200136153024.545.38$11,708
Feb 200136356627.755.77$13,337
Jan 200137161727.478.40$15,373
Dec 200054949526.889.12$19,273
Nov 200035857232.215.66$14,768
Oct 200036358831.235.15$14,362
Sep 200035365631.875.19$14,652
Aug 200035169229.644.54$13,546
Jul 200035370928.534.09$12,971
Jun 200035662429.304.40$13,175
May 200052558327.263.68$16,457
Apr 200036595124.513.12$11,909
Mar 200054074928.422.86$17,489
Feb 200035968227.622.73$11,775
Jan 200053363425.272.48$15,042
Dec 199936162424.282.42$10,277
Nov 199936858623.192.43$9,960
Oct 199936365920.982.80$9,463
Sep 199936075421.752.62$9,805
Aug 199951980819.262.88$12,319
Jul 199935574517.892.37$8,118
Jun 199936578115.942.36$7,663
May 199935380615.792.32$7,445
Apr 199936184215.102.21$7,310
Mar 199935648212.471.84$5,325
Feb 19993575369.981.82$4,537
Jan 199953767410.381.90$6,855
Dec 19985614229.201.77$5,910
Nov 199818646210.892.19$3,035
Oct 199853746312.421.97$7,581
Sep 199836679412.592.08$6,262
Aug 199854384011.301.91$7,738
Jul 199853681011.742.24$8,105
Jun 199853087011.242.24$7,904
May 19985471,01012.622.21$9,132
Apr 19983571,05913.042.51$7,308
Mar 19985421,08912.802.31$9,453
Feb 199836398513.952.30$7,328
Jan 19985521,14614.702.15$10,584
Dec 19975471,10916.322.41$11,601
Nov 19975531,14118.193.09$13,583
Oct 19975981,26019.253.15$15,480
Sep 19975201,18817.742.95$12,735
Aug 19973591,25717.862.55$9,623
Jul 19975391,34717.582.25$12,502
Jun 19975371,18117.242.26$11,924
May 19973521,20518.972.31$9,459
Apr 19975321,12517.882.08$11,855
Mar 19975421,21818.951.94$12,633
Feb 19975471,08420.492.21$13,599
Jan 19975471,25223.483.54$17,275
Dec 19967341,21423.32$17,117
Nov 19963501,25221.97$7,690
Oct 19965351,32923.31$12,471
Sep 19965171,42822.22$11,488
Aug 19967071,46120.26$14,324
Jul 19965451,56119.55$10,655
Jun 19965341,24318.73$10,002
May 19967171,47719.43$13,931
Apr 19965421,38821.51$11,658
Mar 19967241,40819.38$14,031
Feb 19967241,32516.98$12,294
Jan 19967221,40917.07$12,325
Dec 19955141,09717.19$8,836
Nov 19955431,19216.00$8,688
Oct 19955421,32415.43$8,363
Sep 19957281,33616.18$11,779
Aug 19955431,38715.92$8,645
Jul 19955521,42915.24$8,412
Jun 19955291,39116.41$8,681
May 19955341,40817.56$9,377
Apr 19955271,37317.73$9,344
Mar 19957211,35816.44$11,853
Feb 19955521,22316.58$9,152
Jan 19957381,32915.92$11,749
Dec 19947251,36615.03$10,897
Nov 19945481,31415.90$8,713
Oct 19945511,46615.58$8,585
Sep 19947131,50315.29$10,902
Aug 19947141,60416.13$11,517
Jul 19945331,61917.56$9,359
Jun 19945301,70117.09$9,058
May 19946961,63915.88$11,052
Apr 19947231,62014.14$10,223
Mar 19947121,51612.46$8,872
Feb 19945481,40212.50$6,850
Jan 19949091,53312.66$11,508
Dec 19935481,59412.33$6,757
Nov 19937231,55314.49$10,476
Oct 19937171,58915.85$11,364
Sep 19935371,55015.03$8,071
Aug 19938751,67715.66$13,703
Jul 19937131,71715.46$11,023
Jun 19935281,70016.79$8,865
May 19937391,95517.68$13,066
Apr 19939191,83518.05$16,588
Mar 19937271,84718.14$13,188
Feb 19939071,62717.90$16,235
Jan 19937271,79516.93$12,308

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
Oil                    0 bbl  × $106.41 =         $0
Casinghead gas       116 Mcf  × $  3.05 =       $353

────────────────────────────────────────────────────
Month total                                     $353

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/O/6738 is the state's own key, not one this site invented.