LOVETT EST.

Operated by BLACK DRAW ENERGY LLC (P-5 101501) in the FRANCITAS (-A- SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 4337District 02Field 32533028OilCasinghead gasSaveExport
Value, all time
$2.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
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 23 leases and 25 wells, and the rule below applies to all of them.

Discovered
1961-01-18
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
466 ft
minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: MULTI 49B FLD.

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
OilDisposition42,499 bbl$1,983,723
Casinghead gasProduction265 Mcf$300
Total$1,984,023

192 Mcf of this lease's gas, across 47 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 28.8143, -96.3325. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.81434, -96.33248 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
7,074 ft
1 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.
1100.0%

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 7,074 ft.

Completions filed
Apr 1968
1 of 1 wells

1 well

42-2390378317,074 ftApr 1968

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 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 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 2023181075.112.47$13,595
Jan 2023182076.533.39$13,928
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 20221710104.226.84$17,822
Mar 20221570108.885.08$17,094
Feb 2022169091.054.86$15,387
Jan 2022167081.844.54$13,667
Dec 2021188071.323.90$13,408
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 2021190069.493.38$13,203
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 2020175038.371.83$6,715
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 20200057.252.09$0
Dec 2019100059.012.30$5,901
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 2019178053.112.30$9,454
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 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20172047.523.09$95
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 20160042.521.99$0
Apr 201686036.561.99$3,144
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 2015144043.552.43$6,271
Sep 20150042.992.76$0
Aug 2015160040.162.87$6,426
Jul 20150048.152.95$0
Jun 2015159056.152.88$8,928
May 2015176055.212.96$9,717
Apr 2015175049.822.71$8,719
Mar 20150042.892.93$0
Feb 2015173044.662.98$7,726
Jan 2015168043.433.10$7,296
Dec 2014174054.693.59$9,516
Nov 2014163070.464.25$11,485
Oct 2014172078.303.90$13,468
Sep 20140086.164.05$0
Aug 2014160089.394.04$14,302
Jul 2014175096.564.18$16,898
Jun 2014176098.164.74$17,276
May 2014174094.734.73$16,483
Apr 2014162095.944.81$15,542
Mar 2014148095.895.06$14,192
Feb 20140097.406.19$0
Jan 2014290090.404.86$26,216
Dec 20130091.824.35$0
Nov 2013134088.853.74$11,906
Oct 2013155097.423.78$15,100
Sep 20133320104.113.72$34,565
Aug 20131730104.253.52$18,035
Jul 20131730102.523.72$17,736
Jun 2013163094.403.93$15,387
May 2013170094.834.15$16,121
Apr 2013168093.964.28$15,785
Mar 2013311093.623.91$29,116
Feb 2013178091.233.42$16,239
Jan 2013164091.603.42$15,022
Dec 2012168086.773.42$14,577
Nov 2012313086.953.62$27,215
Oct 2012162089.383.40$14,480
Sep 2012172094.672.92$16,283
Aug 2012316092.662.91$29,281
Jul 2012152085.133.02$12,940
Jun 2012306079.822.52$24,425
May 2012169091.612.49$15,482
Apr 20121450101.652.00$14,739
Mar 20121690105.052.22$17,753
Feb 20123460101.102.57$34,981
Jan 2012176098.092.73$17,264
Dec 2011175096.873.24$16,952
Nov 2011178095.723.31$17,038
Oct 2011349084.983.65$29,658
Sep 2011173083.623.99$14,466
Aug 2011177083.404.15$14,762
Jul 2011340094.144.52$32,008
Jun 2011167092.904.64$15,514
May 2011168098.134.40$16,486
Apr 20111640105.964.33$17,377
Mar 2011339096.364.06$32,666
Feb 2011331085.644.18$28,347
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 2010139078.103.51$10,856
Sep 20100072.633.98$0
Aug 2010174073.684.42$12,820
Jul 20100072.554.74$0
Jun 2010171070.364.91$12,032
May 20100071.124.24$0
Apr 2010173081.694.12$14,132
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 2010167074.365.96$12,418
Dec 20090071.445.48$0
Nov 2009162074.593.75$12,084
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 2009172067.423.22$11,596
Jul 20090061.133.46$0
Jun 2009146066.163.90$9,659
May 20090054.743.93$0
Apr 2009175046.773.59$8,185
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 2009180035.865.37$6,455
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 2008103075.246.92$7,750
Sep 20081670101.767.88$16,994
Aug 20081600114.228.48$18,275
Jul 20081620131.0811.39$21,235
Jun 200800131.3313.03$0
May 20081680123.1711.57$20,693
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 2008172092.538.77$15,915
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 2007170091.677.29$15,584
Oct 2007176082.856.92$14,582
Sep 20070075.846.24$0
Aug 2007174069.066.39$12,016
Jul 20070070.906.39$0
Jun 2007171062.007.55$10,602
May 2007176058.747.85$10,338
Apr 20070059.617.81$0
Mar 2007170056.927.30$9,676
Feb 20070055.108.22$0
Jan 2007175050.306.73$8,803
Dec 2006174056.656.92$9,857
Nov 20060054.207.62$0
Oct 2006174054.906.01$9,553
Sep 20060060.085.04$0
Aug 2006161068.717.34$11,062
Jul 2006165069.376.34$11,446
Jun 20060066.286.38$0
May 2006169166.016.42$11,162
Apr 2006174164.397.36$11,211
Mar 20060156.707.08$7
Feb 2006174157.597.75$10,028
Jan 2006175160.598.93$10,612
Dec 20050154.9413.42$13
Nov 2005175054.6910.59$9,571
Oct 2005171058.3413.80$9,976
Sep 200585061.4512.08$5,223
Aug 2005169061.519.80$10,395
Jul 2005162055.697.84$9,022
Jun 2005173052.337.38$9,053
May 20050045.226.65$0
Apr 2005167149.207.36$8,224
Mar 2005176150.377.15$8,872
Feb 20050145.226.31$6
Jan 2005166143.166.32$7,171
Dec 2004173139.866.75$6,903
Nov 2004173045.286.33$7,833
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 2004176042.375.55$7,457
Jul 20040038.286.08$0
Jun 2004171136.106.43$6,180
May 2004169137.486.49$6,341
Apr 2004170034.475.86$5,860
Mar 20040134.365.53$6
Feb 2004168132.455.51$5,457
Jan 2004171032.036.30$5,477
Dec 2003343030.266.30$10,379
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 2003165126.314.75$4,346
Aug 2003191129.765.13$5,689
Jul 2003186129.415.17$5,475
Jun 20030028.565.98$0
May 2003172026.595.97$4,573
Apr 2003190126.675.41$5,073
Mar 2003195031.146.10$6,072
Feb 20030033.487.93$0
Jan 2003150030.315.58$4,547
Dec 2002341026.914.85$9,176
Nov 20020024.664.14$0
Oct 2002190026.464.23$5,027
Sep 2002188027.443.64$5,159
Aug 20020025.963.16$0
Jul 2002149024.583.06$3,662
Jun 2002142123.733.34$3,373
May 2002154024.663.58$3,798
Apr 2002185023.653.51$4,375
Mar 2002193022.003.10$4,246
Feb 2002191018.222.38$3,480
Jan 2002185117.172.38$3,179
Dec 2001183016.932.36$3,098
Nov 20010018.072.41$0
Oct 2001342019.782.53$6,765
Sep 20010124.262.25$2
Aug 2001177124.873.05$4,405
Jul 2001345123.933.20$8,259
Jun 20010024.563.82$0
May 2001165125.524.31$4,215
Apr 2001180124.685.34$4,448
Mar 2001182124.545.38$4,472
Feb 2001173127.755.77$4,807
Jan 2001177127.478.40$4,871
Dec 2000171126.889.12$4,606
Nov 2000323132.215.66$10,409
Oct 2000173131.235.15$5,408
Sep 2000169131.875.19$5,391
Aug 2000175129.644.54$5,192
Jul 2000173128.534.09$4,940
Jun 2000175129.304.40$5,132
May 2000321127.263.68$8,754
Apr 2000167124.513.12$4,096
Mar 2000184128.422.86$5,232
Feb 2000334027.622.73$9,225
Jan 20000025.272.48$0
Dec 1999160124.282.42$3,887
Nov 1999341123.192.43$7,910
Oct 19990120.982.80$3
Sep 1999167121.752.62$3,635
Aug 1999360119.262.88$6,936
Jul 1999186117.892.37$3,330
Jun 1999343115.942.36$5,470
May 1999189115.792.32$2,987
Apr 19990115.102.21$2
Mar 1999370112.471.84$4,616
Feb 199918719.981.82$1,868
Jan 1999192110.381.90$1,995
Dec 199835819.201.77$3,295
Nov 1998168110.892.19$1,832
Oct 1998358112.421.97$4,448
Sep 1998366112.592.08$4,610
Aug 1998179111.301.91$2,025
Jul 1998185111.742.24$2,174
Jun 1998379111.242.24$4,262
May 1998182112.622.21$2,299
Apr 1998341113.042.51$4,449
Mar 1998190112.802.31$2,434
Feb 1998333113.952.30$4,648
Jan 19980114.702.15$2
Dec 1997164116.322.41$2,679
Nov 1997160118.193.09$2,913
Oct 1997160019.253.15$3,080
Sep 1997176117.742.95$3,125
Aug 1997184117.862.55$3,289
Jul 1997187117.582.25$3,290
Jun 1997168017.242.26$2,896
May 1997343118.972.31$6,509
Apr 19970117.882.08$2
Mar 1997183118.951.94$3,470
Feb 1997172120.492.21$3,526
Jan 1997152123.483.54$3,573
Dec 1996187123.32$4,361
Nov 1996186121.97$4,086
Oct 1996186123.31$4,336
Sep 1996153122.22$3,400
Aug 1996190120.26$3,849
Jul 1996185119.55$3,617
Jun 1996181118.73$3,390
May 1996175119.43$3,400
Apr 1996160121.51$3,442
Mar 1996170119.38$3,295
Feb 19960116.98$0
Jan 1996172117.07$2,936
Dec 1995189117.19$3,249
Nov 1995185116.00$2,960
Oct 1995181115.43$2,793
Sep 1995185116.18$2,993
Aug 19950115.92$0
Jul 1995175115.24$2,667
Jun 1995188116.41$3,085
May 1995190117.56$3,336
Apr 1995360117.73$6,383
Mar 1995187116.44$3,074
Feb 1995187116.58$3,100
Jan 1995178115.92$2,834
Dec 19940115.03$0
Nov 1994128115.90$2,035
Oct 1994135115.58$2,103
Sep 1994123115.29$1,881
Aug 1994126116.13$2,032
Jul 1994136117.56$2,388
Jun 1994164117.09$2,803
May 1994167115.88$2,652
Apr 19940014.14$0
Mar 1994166312.46$2,068
Feb 19940812.50$0
Jan 1994377812.66$4,773
Dec 199301012.33$0
Nov 199301214.49$0
Oct 19932171315.85$3,439
Sep 199301115.03$0
Aug 19932701615.66$4,228
Jul 1993222315.46$3,432
Jun 19930116.79$0
May 199302417.68$0
Apr 19932661118.05$4,801
Mar 19933151518.14$5,714
Feb 199301417.90$0
Jan 199301116.93$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.

Feb 2023 — as filed, then multipliedworked
Oil                  181 bbl  × $ 75.11 =    $13,595
Casinghead gas         0 Mcf  × $  2.47 =         $0

────────────────────────────────────────────────────
Month total                                  $13,595

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. 02/O/4337 is the state's own key, not one this site invented.