MineralRecord
Log inSign up

LOCKE PARTNERSHIP

Operated by GULFTEX ENERGY, LLC (P-5 338751) in the EAGLEVILLE (EAGLE FORD-1) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 16241District 01Field 27135700OilCasinghead gasSave
Value, all time
$60.9 M
Aug 2012 – May 2026
Value, last 12 filed months
$3.0 M
at the published price for each month
Months reported
166
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition806,652 bbl$57,677,889
Casinghead gasProduction912,580 Mcf$3,196,103
Total$60,873,991

Wells on this lease (3)

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 28.6130, -98.6148. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.1 miles.

28.61293, -98.61382 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
9,680 ft
3 wells filed one
Completion to plug
—
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
3100.0%

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

Between 9,650 and 9,719 ft, median 9,680 ft, over the 3 wells that filed a depth.

Completions filed
Aug 2012 – Aug 2013
3 of 3 wells

3 wells

42-311352968H9,719 ftAug 2013——
42-311351864H9,680 ftMar 2013——
42-311349331H9,650 ftAug 2012——

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 (166)

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

166 months

May 202600106.413.05$0
Apr 20263,04010,86798.932.87$331,932
Mar 20263,7868,06889.753.15$365,203
Feb 20261,2538,53963.503.75$111,589
Jan 20263,58016,52159.138.00$343,819
Dec 20254,16415,86856.664.41$305,963
Nov 20253,42913,25258.593.93$252,938
Oct 20253,81614,01659.383.30$272,915
Sep 20253,2771,44862.743.08$210,054
Aug 20253,66417,19863.933.01$286,087
Jul 20253,21918,07966.743.32$274,772
Jun 20252,50718,29266.483.13$223,896
May 20252,70519,55660.553.23$226,999
Apr 20252,57417,67862.363.54$223,150
Mar 20252,70219,61567.704.27$266,649
Feb 20252,59122,66470.884.34$282,031
Jan 20252,82026,48674.324.28$322,908
Dec 20242,82027,68568.993.12$280,967
Nov 20242,45526,20469.052.20$227,126
Oct 20242,4041,38871.372.28$174,740
Sep 202489527,71969.612.36$127,839
Aug 20241,27835,30375.632.06$169,507
Jul 20242,48492379.932.15$200,527
Jun 20241,12368678.082.63$89,491
May 20240078.812.20$0
Apr 20241,6051,15984.451.66$137,465
Mar 20242,1581,18780.301.55$175,121
Feb 20242,0591,08376.091.78$158,601
Jan 20241,9271,22773.023.30$144,756
Dec 20232,4791,66071.262.61$180,987
Nov 20232,4721,57177.892.81$196,955
Oct 20232,9871,63585.443.09$260,257
Sep 20233,6531,73889.042.74$330,017
Aug 20233,1331,11680.522.67$255,252
Jul 20231,76422074.852.64$132,617
Jun 20233751468.962.26$25,892
May 20231,1127770.622.23$78,701
Apr 202356055478.122.24$44,987
Mar 20232,0771,52372.852.39$154,954
Feb 20232,0661,36975.112.47$158,553
Jan 20232,2461,58176.533.39$177,242
Dec 20222,9851,70376.415.73$237,840
Nov 20223,1871,15085.005.65$277,388
Oct 20222,04293187.185.86$183,481
Sep 20222,0321,03284.888.16$180,901
Aug 20222,5861,26494.529.13$255,965
Jul 20222,382972101.587.54$249,294
Jun 20221,116841115.097.98$135,149
May 20221,483956109.378.43$170,258
Apr 20222,2211,420104.226.84$241,182
Mar 20222,4281,870108.885.08$273,854
Feb 20222,0671,79091.054.86$196,898
Jan 20222,8241,99181.844.54$240,151
Dec 20213,1761,91971.323.90$233,995
Nov 20212,2261,45177.435.24$179,958
Oct 20212,4151,33379.795.71$200,309
Sep 20212,5941,82569.865.35$190,982
Aug 20212,5791,71166.024.22$177,487
Jul 20212,1981,47270.783.98$161,436
Jun 20212,5651,50469.493.38$183,326
May 20212,5941,83363.483.02$170,199
Apr 20212,5831,75960.362.76$160,762
Mar 20212,7501,86661.302.72$173,645
Feb 20212,4041,57057.805.55$147,661
Jan 20212,7961,83250.412.81$146,095
Dec 20202,9651,85744.642.68$137,326
Nov 20202,5892,18738.772.71$106,295
Oct 20202,8872,38536.972.48$112,643
Sep 20202,7142,20837.091.99$105,058
Aug 20202,9192,73539.982.39$123,225
Jul 20203,4632,74338.371.83$137,882
Jun 20203,2611,79134.901.69$116,836
May 20202,4112,21616.921.81$44,816
Apr 20203,1572,40414.751.80$50,903
Mar 20202,7841,86530.341.86$87,928
Feb 20202,9871,82249.881.98$152,600
Jan 20203,3582,06657.252.09$196,573
Dec 20193,5542,05159.012.30$214,448
Nov 20192,9622,12755.302.75$169,649
Oct 20193,1522,25653.472.42$173,994
Sep 20193,1572,55255.052.66$180,574
Aug 20193,5332,65053.112.30$193,744
Jul 20193,7272,87256.272.46$216,784
Jun 20193,9063,02152.782.49$213,685
May 20194,3092,24458.482.74$258,140
Apr 20192,4991,25962.632.75$159,976
Mar 20193,2062,42256.803.06$189,517
Feb 20193,1682,30550.852.79$167,529
Jan 20193,3622,54046.033.23$162,952
Dec 20183,7502,64046.594.19$185,762
Nov 20183,6132,57352.934.24$202,139
Oct 20183,1842,56161.443.40$204,327
Sep 20183,5432,67259.543.11$219,255
Aug 20183,5162,98859.403.07$218,013
Jul 20183,8923,23565.142.93$263,010
Jun 20184,1952,92960.183.08$261,467
May 20183,9222,33265.382.90$263,185
Apr 20182,7992,10263.842.90$184,786
Mar 20183,7233,04561.222.79$236,408
Feb 20183,7463,42061.782.77$240,888
Jan 20184,8703,46662.874.01$320,073
Dec 20175,0482,50057.272.92$296,403
Nov 20173,0021,42155.423.12$170,802
Oct 20172,6911,69549.292.98$137,697
Sep 20173,4832,46847.523.09$173,132
Aug 20173,9432,32545.373.00$185,879
Jul 20173,6552,31743.873.09$167,498
Jun 20173,5922,69242.493.09$160,935
May 20173,6623,55345.373.26$177,740
Apr 20173,3012,84047.933.21$167,338
Mar 20173,2652,82746.772.98$161,139
Feb 20174,7513,66950.452.95$250,521
Jan 20174,2763,98649.413.42$224,905
Dec 20165,3233,02848.763.72$270,822
Nov 20164,5764,28842.492.64$205,773
Oct 20164,7304,47546.193.09$232,308
Sep 20165,4674,19541.553.10$240,161
Aug 20164,7444,45441.442.92$209,616
Jul 20165,7234,80241.622.92$252,234
Jun 20165,2275,10745.352.69$250,761
May 20165,8525,40842.521.99$259,595
Apr 20165,8434,11936.561.99$221,821
Mar 20165,8604,68633.011.79$201,845
Feb 20166,3245,25126.472.06$178,232
Jan 20165,8773,74427.352.36$169,588
Dec 20156,7073,77232.362.00$224,588
Nov 20156,6534,93238.792.17$268,759
Oct 20157,0796,20743.552.43$323,352
Sep 20157,8904,97942.992.76$352,925
Aug 20155,5993,30540.162.87$234,349
Jul 20152,7182,44448.152.95$138,069
Jun 20155,6494,62056.152.88$330,510
May 20157,4265,92255.212.96$427,492
Apr 20157,1946,85049.822.71$376,945
Mar 20157,9227,04142.892.93$360,438
Feb 20158,0535,74844.662.98$376,754
Jan 20158,1075,57343.433.10$369,367
Dec 20148,2658,45054.693.59$482,360
Nov 20149,5688,85470.464.25$711,807
Oct 201410,39514,20178.303.90$869,326
Sep 20149,8469,76186.164.05$887,819
Aug 20148,0198,41789.394.04$750,782
Jul 20149,8437,72196.564.18$982,711
Jun 20146,0265,68098.164.74$618,418
May 201410,6896,16794.734.73$1,041,718
Apr 201412,66212,84595.944.81$1,276,565
Mar 201415,57911,97295.895.06$1,554,410
Feb 201412,4967,32397.406.19$1,262,454
Jan 201417,0469,97590.404.86$1,589,444
Dec 201318,26311,81991.824.35$1,728,374
Nov 201320,10714,82588.853.74$1,841,927
Oct 201327,65420,44197.423.78$2,771,307
Sep 201332,25320,402104.113.72$3,433,709
Aug 20139,6557,849104.253.52$1,034,183
Jul 201310,6498,785102.523.72$1,124,396
Jun 201312,5347,99294.403.93$1,214,645
May 201317,68810,79294.834.15$1,722,130
Apr 201321,20012,47793.964.28$2,045,386
Mar 20132,9522,42793.623.91$285,863
Feb 20134,6433,60391.233.42$435,903
Jan 20134,5772,45191.603.42$427,635
Dec 20126,7338,13686.773.42$612,049
Nov 20126,2853,15486.953.62$557,914
Oct 201211,8146,37289.383.40$1,077,598
Sep 20123,7242,14194.672.92$358,799
Aug 20120092.662.91$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.

Apr 2026 — as filed, then multipliedworked
Oil                3,040 bbl  × $ 98.93 =   $300,747
Casinghead gas    10,867 Mcf  × $  2.87 =    $31,185

────────────────────────────────────────────────────
Month total                                 $331,932

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. 01/O/16241 is the state's own key, not one this site invented.