LOCKWOOD & SHARP -A-

Name: LOCKWOOD & SHARP -A- lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by JETTA OPERATING COMPANY, INC. (P-5 432283) in the THOMPSON (MIOCENE 11 SEG 13-A) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 20329District 03Field 89525589OilCasinghead gasSave Export

Value, all time

$1.7 M

Jan 1993 – Jun 2004

Value, last 12 filed months

$29 k

at the published price for each month

Months reported

138

no gaps in the span

Streams

oil, casinghead gas

The THOMPSON (MIOCENE 11 SEG 13-A) field

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 4 leases and 9 wells, and the rule below applies to all of them.

Discovered

1960-12-01

as the register files it

Field class

Oil

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

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.

Stream	Basis	Volume	Value
Oil	Disposition	81,675 bbl	$1,550,656
Casinghead gas	Production	118,269 Mcf	$137,225
Total			$1,687,881

65,265 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 (2)

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 29.4574, -95.5629. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

29.45737, -95.56288 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

2 of 2 wells

With a plug date

50.0%

1 of 2 wells

Median depth

5,455 ft

2 wells filed one

Completion to plug

31.0 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

150.0%

BothOn the schedule and plugged. Neither fact cancels the other.

150.0%

NeitherNo plug date, and not on the schedule.

00.0%

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 5,450 and 5,460 ft, median 5,455 ft, over the 2 wells that filed a depth.

Completions filed

Nov 1988 – May 1998

2 of 2 wells

Plug dates filed

Nov 2019

1 of 2 wells; 1 filed none

Last completion to plug: a median of 31.0 years across the 1 well that filed both dates, with the middle half between 31.0 years and 31.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-15730299	71	5,460 ft	May 1998	—	Yes
42-15730336	76	5,450 ft	Nov 1988	Nov 2019	Yes

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 (138)

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

138 months


Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	280	48	28.17	4.76	$8,116
Sep 2003	227	65	26.31	4.75	$6,281
Aug 2003	230	50	29.76	5.13	$7,101
Jul 2003	254	20	29.41	5.17	$7,574
Jun 2003	254	0	28.56	5.98	$7,254
May 2003	309	0	26.59	5.97	$8,216
Apr 2003	314	0	26.67	5.41	$8,374
Mar 2003	341	0	31.14	6.10	$10,619
Feb 2003	379	0	33.48	7.93	$12,689
Jan 2003	378	0	30.31	5.58	$11,457
Dec 2002	373	0	26.91	4.85	$10,037
Nov 2002	368	0	24.66	4.14	$9,075
Oct 2002	358	175	26.46	4.23	$10,213
Sep 2002	399	174	27.44	3.64	$11,581
Aug 2002	428	0	25.96	3.16	$11,111
Jul 2002	492	0	24.58	3.06	$12,093
Jun 2002	501	0	23.73	3.34	$11,889
May 2002	563	438	24.66	3.58	$15,453
Apr 2002	420	920	23.65	3.51	$13,164
Mar 2002	402	876	22.00	3.10	$11,562
Feb 2002	385	2,303	18.22	2.38	$12,486
Jan 2002	386	2,216	17.17	2.38	$11,892
Dec 2001	368	2,117	16.93	2.36	$11,236
Nov 2001	362	3,985	18.07	2.41	$16,127
Oct 2001	392	862	19.78	2.53	$9,934
Sep 2001	424	409	24.26	2.25	$11,207
Aug 2001	477	745	24.87	3.05	$14,138
Jul 2001	540	0	23.93	3.20	$12,922
Jun 2001	520	439	24.56	3.82	$14,450
May 2001	499	0	25.52	4.31	$12,734
Apr 2001	459	0	24.68	5.34	$11,328
Mar 2001	423	126	24.54	5.38	$11,058
Feb 2001	402	49	27.75	5.77	$11,438
Jan 2001	487	0	27.47	8.40	$13,378
Dec 2000	493	174	26.88	9.12	$14,839
Nov 2000	512	0	32.21	5.66	$16,492
Oct 2000	569	395	31.23	5.15	$19,802
Sep 2000	686	0	31.87	5.19	$21,863
Aug 2000	557	0	29.64	4.54	$16,509
Jul 2000	463	0	28.53	4.09	$13,209
Jun 2000	508	152	29.30	4.40	$15,553
May 2000	538	226	27.26	3.68	$15,498
Apr 2000	504	538	24.51	3.12	$14,029
Mar 2000	525	111	28.42	2.86	$15,238
Feb 2000	501	408	27.62	2.73	$14,950
Jan 2000	576	141	25.27	2.48	$14,905
Dec 1999	600	733	24.28	2.42	$16,345
Nov 1999	541	708	23.19	2.43	$14,269
Oct 1999	612	256	20.98	2.80	$13,558
Sep 1999	673	689	21.75	2.62	$16,442
Aug 1999	725	859	19.26	2.88	$16,434
Jul 1999	673	796	17.89	2.37	$13,928
Jun 1999	669	1,016	15.94	2.36	$13,064
May 1999	693	1,011	15.79	2.32	$13,289
Apr 1999	539	846	15.10	2.21	$10,007
Mar 1999	466	981	12.47	1.84	$7,614
Feb 1999	398	84	9.98	1.82	$4,125
Jan 1999	383	1,061	10.38	1.90	$5,991
Dec 1998	468	0	9.20	1.77	$4,306
Nov 1998	411	859	10.89	2.19	$6,353
Oct 1998	451	475	12.42	1.97	$6,537
Sep 1998	569	575	12.59	2.08	$8,361
Aug 1998	528	48	11.30	1.91	$6,058
Jul 1998	614	245	11.74	2.24	$7,756
Jun 1998	418	213	11.24	2.24	$5,175
May 1998	429	1,633	12.62	2.21	$9,017
Apr 1998	426	1,153	13.04	2.51	$8,444
Mar 1998	439	1,101	12.80	2.31	$8,162
Feb 1998	421	1,798	13.95	2.30	$10,007
Jan 1998	506	747	14.70	2.15	$9,048
Dec 1997	655	1,146	16.32	2.41	$13,453
Nov 1997	643	2,923	18.19	3.09	$20,723
Oct 1997	668	1,660	19.25	3.15	$18,088
Sep 1997	667	1,926	17.74	2.95	$17,524
Aug 1997	573	1,279	17.86	2.55	$13,501
Jul 1997	603	268	17.58	2.25	$11,203
Jun 1997	603	983	17.24	2.26	$12,615
May 1997	602	1,363	18.97	2.31	$14,566
Apr 1997	534	1,875	17.88	2.08	$13,453
Mar 1997	691	1,653	18.95	1.94	$16,300
Feb 1997	709	794	20.49	2.21	$16,279
Jan 1997	769	1,085	23.48	3.54	$21,897
Dec 1996	693	1,745	23.32	—	$16,161
Nov 1996	710	1,230	21.97	—	$15,599
Oct 1996	607	2,147	23.31	—	$14,149
Sep 1996	705	1,160	22.22	—	$15,665
Aug 1996	692	893	20.26	—	$14,020
Jul 1996	758	2,654	19.55	—	$14,819
Jun 1996	672	2,160	18.73	—	$12,587
May 1996	595	2,611	19.43	—	$11,561
Apr 1996	680	1,561	21.51	—	$14,627
Mar 1996	739	1,316	19.38	—	$14,322
Feb 1996	701	739	16.98	—	$11,903
Jan 1996	802	2,545	17.07	—	$13,690
Dec 1995	717	2,001	17.19	—	$12,325
Nov 1995	729	1,724	16.00	—	$11,664
Oct 1995	467	460	15.43	—	$7,206
Sep 1995	757	622	16.18	—	$12,248
Aug 1995	969	946	15.92	—	$15,426
Jul 1995	923	1,515	15.24	—	$14,067
Jun 1995	840	380	16.41	—	$13,784
May 1995	821	1,695	17.56	—	$14,417
Apr 1995	862	908	17.73	—	$15,283
Mar 1995	853	928	16.44	—	$14,023
Feb 1995	915	1,648	16.58	—	$15,171
Jan 1995	686	1,564	15.92	—	$10,921
Dec 1994	702	1,425	15.03	—	$10,551
Nov 1994	979	976	15.90	—	$15,566
Oct 1994	826	901	15.58	—	$12,869
Sep 1994	1,215	299	15.29	—	$18,577
Aug 1994	1,023	359	16.13	—	$16,501
Jul 1994	1,019	313	17.56	—	$17,894
Jun 1994	962	204	17.09	—	$16,441
May 1994	883	901	15.88	—	$14,022
Apr 1994	987	1,220	14.14	—	$13,956
Mar 1994	1,120	1,676	12.46	—	$13,955
Feb 1994	960	405	12.50	—	$12,000
Jan 1994	1,066	356	12.66	—	$13,496
Dec 1993	949	84	12.33	—	$11,701
Nov 1993	943	1,256	14.49	—	$13,664
Oct 1993	998	2,161	15.85	—	$15,818
Sep 1993	1,004	2,049	15.03	—	$15,090
Aug 1993	1,043	2,003	15.66	—	$16,333
Jul 1993	1,118	1,848	15.46	—	$17,284
Jun 1993	1,156	2,167	16.79	—	$19,409
May 1993	1,151	1,961	17.68	—	$20,350
Apr 1993	993	2,009	18.05	—	$17,924
Mar 1993	849	2,823	18.14	—	$15,401
Feb 1993	714	1,707	17.90	—	$12,781
Jan 1993	927	1,010	16.93	—	$15,694

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.

Oct 2003 — as filed, then multipliedworked

Oil                  280 bbl  × $ 28.17 =     $7,888
Casinghead gas        48 Mcf  × $  4.76 =       $228

────────────────────────────────────────────────────
Month total                                   $8,116

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. 03/O/20329 is the state's own key, not one this site invented.