GOEN 222C

Operated by THRESHER ENERGY, INC. (P-5 858239) in the DEMPSEY CREEK (SAN ANDRES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 70850District 8AField 24225500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$8.5 M
Mar 2018 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
99
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 61 leases and 96 wells, and the rule below applies to all of them.

Discovered
1955-07-23
as the register files it
Field class
Oil
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2012-02-28.

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: RULES AND TAKE POINTS.

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
OilDisposition137,523 bbl$8,446,344
Casinghead gasProduction7,600 Mcf$22,306
Total$8,468,650

Every month this lease reported (99)

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

99 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 2025359070.884.34$25,446
Jan 2025333074.324.28$24,749
Dec 2024529068.993.12$36,496
Nov 2024527069.052.20$36,389
Oct 2024528071.372.28$37,683
Sep 2024525069.612.36$36,545
Aug 2024177075.632.06$13,387
Jul 2024704079.932.15$56,271
Jun 2024491078.082.63$38,337
May 2024806078.812.20$63,521
Apr 2024361084.451.66$30,486
Mar 2024709080.301.55$56,933
Feb 2024491076.091.78$37,360
Jan 2024595073.023.30$43,447
Dec 2023478071.262.61$34,062
Nov 2023441077.892.81$34,349
Oct 202365085.443.09$5,554
Sep 2023285089.042.74$25,376
Aug 2023299080.522.67$24,075
Jul 2023351074.852.64$26,272
Jun 2023455068.962.26$31,377
May 2023705070.622.23$49,787
Apr 2023753078.122.24$58,824
Mar 2023733072.852.39$53,399
Feb 2023685075.112.47$51,450
Jan 2023734076.533.39$56,173
Dec 2022419076.415.73$32,016
Nov 2022198085.005.65$16,830
Oct 2022385087.185.86$33,564
Sep 2022756084.888.16$64,169
Aug 2022862094.529.13$81,476
Jul 20221,2950101.587.54$131,546
Jun 20228990115.097.98$103,466
May 20221,6470109.378.43$180,132
Apr 20221,6350104.226.84$170,400
Mar 20221,3960108.885.08$151,996
Feb 20221,233091.054.86$112,265
Jan 20221,882081.844.54$154,023
Dec 20211,486071.323.90$105,982
Nov 20211,281077.435.24$99,188
Oct 20211,111079.795.71$88,647
Sep 20210069.865.35$0
Aug 2021186066.024.22$12,280
Jul 20211,073070.783.98$75,947
Jun 20211,392069.493.38$96,730
May 20211,457063.483.02$92,490
Apr 20211,349060.362.76$81,426
Mar 20212,084061.302.72$127,749
Feb 20211,038057.805.55$59,996
Jan 20212,264050.412.81$114,128
Dec 20201,682044.642.68$75,084
Nov 20202,504038.772.71$97,080
Oct 20201,585036.972.48$58,597
Sep 20202,425037.091.99$89,943
Aug 20202,590039.982.39$103,548
Jul 20201,459038.371.83$55,982
Jun 20201,067034.901.69$37,238
May 20201,004016.921.81$16,988
Apr 20201,962014.751.80$28,940
Mar 20201,635030.341.86$49,606
Feb 20201,454049.881.98$72,526
Jan 20201,9185357.252.09$109,917
Dec 20191,609759.012.30$94,963
Nov 20191,59814855.302.75$88,777
Oct 20191,79817153.472.42$96,553
Sep 20191,81012155.052.66$99,962
Aug 20191,77419053.112.30$94,655
Jul 20192,25714756.272.46$127,363
Jun 20191,9847752.782.49$104,907
May 20192,36818158.482.74$138,977
Apr 20192,49418562.632.75$156,708
Mar 20192,67716356.803.06$152,553
Feb 20192,30711750.852.79$117,638
Jan 20193,0487046.033.23$140,525
Dec 20182,70115446.594.19$126,484
Nov 20183,0985252.934.24$164,197
Oct 20182,77527161.443.40$171,417
Sep 20184,32933159.543.11$258,777
Aug 20184,62838959.403.07$276,096
Jul 20185,36664365.142.93$351,426
Jun 20186,68182660.183.08$404,604
May 20189,64377365.382.90$632,702
Apr 201810,8462,26963.842.90$698,991
Mar 2018026261.222.79$730

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.

Feb 2025 — as filed, then multipliedworked
Oil                  359 bbl  × $ 70.88 =    $25,446
Casinghead gas         0 Mcf  × $  4.34 =         $0

────────────────────────────────────────────────────
Month total                                  $25,446

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. 8A/O/70850 is the state's own key, not one this site invented.