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Producing

THEDFORD

Thedford is an oil lease in Smith County, Texas, operated by Valence Operating Company in the Girlie Caldwell (Goodland LM) field.

1 well

11,079bbl oil, last 12 months−28% vs prior year
Operator
Valence Operating Company
County
Smith County
Field
Girlie Caldwell (Goodland LM)
RRC lease
06-15691

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Where it sits

This county

Smith CountySmithVan ZandtGreggUpshurWoodRuskCampRainsHendersonSmith County
Smith County
Gas, last 12 months
2,562 mcf
Oil in Jul 2026
1,151 bbl

Production by month

Oil output fell 28% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 28% over the last 12 monthsMonthly oil production and gas for THEDFORD, Aug 2023 to Jul 2026. Oil output fell 28% over the last 12 months. 11,079 bbl in the 12 months through Jul 2026, against 15,302 bbl in the 12 months before.Last 12 months: 11,079 bblbbl per monthmcf per month005005001,0001,0001,5001,5002,0002,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 28% over the last 12 monthsMonthly oil production and gas for THEDFORD, Aug 2023 to Jul 2026. Oil output fell 28% over the last 12 months. 11,079 bbl in the 12 months through Jul 2026, against 15,302 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005005001,0001,0001,5001,5002,0002,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Jul 2026 the lease's gas goes to lease fuel instead of a transmission line

  • Transmission line (2)
  • Lease fuel (1)
Since Jul 2026 the lease's gas goes to lease fuel instead of a transmission lineShare of THEDFORD gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2026 the lease's gas goes to lease fuel instead of a transmission line.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to fuelOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to lease fuel instead of a transmission lineShare of THEDFORD gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2026 the lease's gas goes to lease fuel instead of a transmission line.Share of gas by disposition code0%50%100%Jul 26: line to fuelJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    81% · 2,555 mcf

  • Lease fuel (1)

    19% · 595 mcf

1 well on this lease

Wells on THEDFORD
API numberWell no.Status
42-423-324261HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Eastex Crude Company, LLCOilGathers100Aug 1, 2026–
Midcoast G & P (East Texas) L.p.Casinghead gasBuys100May 22, 2019–
Midcoast Pipelines (E Tx) L.p.Casinghead gasGathers100May 22, 2019–
Plains Marketing, L.p.OilGathers100May 22, 2019Aug 1, 2026

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

212.07 acres on the newest permit

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Thedford
API numberWell no.Acreson the permit
42-423-324261H212.07

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for THEDFORD
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,1511,0447313300$80.46$2.89
Jun 2026515503000$84.81$3.15
May 2026514576000$102.13$2.94
Apr 202658274824220$100.32$2.77
Mar 20261,3051,2893343140$91.38$3.04
Feb 202689085336350$64.51$3.62
Jan 202686686880740$60.04$7.72
Dec 20258959201411300$57.97$4.26
Nov 20258737011631500$60.06$3.79
Oct 20251,1121,2933252980$60.89$3.19
Sep 20259969573202910$63.96$2.97
Aug 20251,3801,4224083740$64.86$2.91
Jul 20251,6301,5014374010$68.39$3.20
Jun 20256889251511360$68.17$3.02
May 20251,1291,1601941750$62.17$3.12
Apr 20251,2099251971760$63.54$3.42
Mar 20251,4411,5212522260$68.24$4.12
Feb 20251,2531,2373543240$71.53$4.19
Jan 20251,3091,2884003650$75.74$4.13
Dec 20241,3571,4174464070$70.12$3.01
Nov 20241,3191,1404063560$69.95$2.12
Oct 20241,2881,3015254720$71.99$2.20
Sep 20241,3741,3665745180$70.24$2.28
Aug 20241,3051,4593603320$76.68$1.99
Jul 20241,3041,3643703320$81.80$2.07
Jun 20241,3931,2992572340$79.77$2.54
May 20241,4601,4542642350$80.02$2.12
Apr 20241,3661,3222342160$85.35$1.60
Mar 20241,1121,2282732450$81.28$1.49
Feb 20241,1961,1877176680$77.25$1.72
Jan 20241,2891,2144133790$74.15$3.18
Dec 20231,1161,2321,0649970$71.90$2.52
Nov 20231,6671,4621,1461,0550$77.69$2.71
Oct 20231,9361,9111,8761,7610$85.64$2.98
Sep 20231,7341,9641,6361,5530$89.43$2.64
Aug 20231,9631,9941,6291,5380$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorValence Operating CompanyFieldGirlie Caldwell (Goodland LM)CountySmith County

Valence Operating Company in Smith County

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Girlie Caldwell (Goodland LM) field

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