LOVINGS-KRUSE UNIT

Name: LOVINGS-KRUSE UNIT lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by ENERVEST OPERATING, L.L.C. (P-5 252131) in the GIDDINGS (AUSTIN CHALK-3) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 21757District 03Field 34733500OilCasinghead gasSave Export

Value, all time

$10.9 M

Jan 1993 – Jul 2012

Value, last 12 filed months

$254 k

at the published price for each month

Months reported

235

no gaps in the span

Streams

oil, casinghead gas

The GIDDINGS (AUSTIN CHALK-3) 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 5,900 leases and 6,985 wells, and the rule below applies to all of them.

Discovered

1960-10-29

as the register files it

Field class

Oil and gas

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 80 acres. The field rule took effect on 2025-09-30.

The Commission's schedule remark for this field reads: “DKT OG-25-00028011: UFT FIELD, ALLOCATION FORMULA SUSPENDED”

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	247,464 bbl	$6,901,345
Casinghead gas	Production	1,681,933 Mcf	$4,033,871
Total			$10,935,216

811,643 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 (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 30.2325, -96.6692. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.23248, -96.66919 · 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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

14,406 ft

1 wells filed one

Completion to plug

20.0 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

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

1100.0%

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

The one well that filed a depth was drilled to 14,406 ft.

Completions filed

Jul 1992

1 of 1 wells

Plug dates filed

Jul 2012

1 of 1 wells

Last completion to plug: a median of 20.0 years across the 1 well that filed both dates, with the middle half between 20.0 years and 20.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47730680	1	14,406 ft	Jul 1992	Jul 2012	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 (235)

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

235 months


Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	152	0	101.65	2.00	$15,451
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	184	1,514	98.09	2.73	$22,188
Dec 2011	366	2,832	96.87	3.24	$44,629
Nov 2011	743	3,616	95.72	3.31	$83,094
Oct 2011	190	1,870	84.98	3.65	$22,969
Sep 2011	187	2,237	83.62	3.99	$24,553
Aug 2011	370	2,461	83.40	4.15	$41,069
Jul 2011	177	2,221	94.14	4.52	$26,696
Jun 2011	378	2,531	92.90	4.64	$46,860
May 2011	372	2,661	98.13	4.40	$48,226
Apr 2011	371	2,596	105.96	4.33	$50,560
Mar 2011	389	2,193	96.36	4.06	$46,382
Feb 2011	578	2,454	85.64	4.18	$59,758
Jan 2011	192	2,048	86.50	4.59	$26,006
Dec 2010	369	2,221	85.73	4.35	$41,291
Nov 2010	573	2,699	80.84	3.80	$56,565
Oct 2010	377	2,297	78.10	3.51	$37,504
Sep 2010	385	2,664	72.63	3.98	$38,564
Aug 2010	191	2,623	73.68	4.42	$25,665
Jul 2010	572	3,001	72.55	4.74	$55,713
Jun 2010	372	2,266	70.36	4.91	$37,301
May 2010	569	3,867	71.12	4.24	$56,845
Apr 2010	192	1,766	81.69	4.12	$22,965
Mar 2010	386	2,495	78.39	4.39	$41,208
Feb 2010	388	2,294	73.58	5.44	$41,034
Jan 2010	574	3,077	74.36	5.96	$61,034
Dec 2009	183	2,787	71.44	5.48	$28,357
Nov 2009	778	3,480	74.59	3.75	$71,086
Oct 2009	381	2,722	72.54	4.11	$38,826
Sep 2009	384	3,234	65.54	3.06	$35,079
Aug 2009	376	2,460	67.42	3.22	$33,267
Jul 2009	561	3,477	61.13	3.46	$46,340
Jun 2009	572	3,510	66.16	3.90	$51,515
May 2009	192	2,522	54.74	3.93	$20,411
Apr 2009	389	3,013	46.77	3.59	$29,003
Mar 2009	582	3,010	42.14	4.06	$36,743
Feb 2009	587	3,643	32.81	4.63	$36,137
Jan 2009	198	2,674	35.86	5.37	$21,462
Dec 2008	585	3,554	37.10	5.98	$42,946
Nov 2008	384	2,829	55.49	6.86	$40,716
Oct 2008	391	3,733	75.24	6.92	$55,259
Sep 2008	730	3,008	101.76	7.88	$97,979
Aug 2008	192	2,959	114.22	8.48	$47,032
Jul 2008	962	4,181	131.08	11.39	$173,718
Jun 2008	0	2,487	131.33	13.03	$32,412
May 2008	584	3,721	123.17	11.57	$114,999
Apr 2008	388	3,035	110.31	10.45	$74,531
Mar 2008	587	3,810	101.90	9.66	$96,635
Feb 2008	390	2,589	92.53	8.77	$58,794
Jan 2008	587	3,590	90.38	8.21	$82,512
Dec 2007	391	4,037	88.33	7.30	$64,015
Nov 2007	1,505	6,814	91.67	7.29	$187,649
Oct 2007	194	1,640	82.85	6.92	$27,425
Sep 2007	0	2,754	75.84	6.24	$17,196
Aug 2007	192	2,814	69.06	6.39	$31,235
Jul 2007	195	3,224	70.90	6.39	$34,420
Jun 2007	578	3,145	62.00	7.55	$59,576
May 2007	581	4,530	58.74	7.85	$69,672
Apr 2007	551	3,209	59.61	7.81	$57,892
Mar 2007	581	4,578	56.92	7.30	$66,499
Feb 2007	395	2,918	55.10	8.22	$45,739
Jan 2007	798	4,637	50.30	6.73	$71,332
Dec 2006	454	3,239	56.65	6.92	$48,128
Nov 2006	398	3,190	54.20	7.62	$45,871
Oct 2006	397	3,810	54.90	6.01	$44,708
Sep 2006	980	5,387	60.08	5.04	$86,014
Aug 2006	395	3,455	68.71	7.34	$52,500
Jul 2006	390	3,499	69.37	6.34	$49,248
Jun 2006	391	3,552	66.28	6.38	$48,591
May 2006	791	4,973	66.01	6.42	$84,165
Apr 2006	974	5,420	64.39	7.36	$102,610
Mar 2006	396	3,522	56.70	7.08	$47,399
Feb 2006	590	3,100	57.59	7.75	$58,007
Jan 2006	398	3,437	60.59	8.93	$54,819
Dec 2005	578	3,812	54.94	13.42	$82,895
Nov 2005	565	3,417	54.69	10.59	$67,080
Oct 2005	394	3,678	58.34	13.80	$73,727
Sep 2005	782	4,333	61.45	12.08	$100,392
Aug 2005	591	4,268	61.51	9.80	$78,165
Jul 2005	784	4,581	55.69	7.84	$79,593
Jun 2005	578	4,298	52.33	7.38	$61,970
May 2005	780	4,700	45.22	6.65	$66,532
Apr 2005	579	4,452	49.20	7.36	$61,256
Mar 2005	796	4,374	50.37	7.15	$71,390
Feb 2005	799	4,576	45.22	6.31	$65,014
Jan 2005	600	3,921	43.16	6.32	$50,685
Dec 2004	600	3,867	39.86	6.75	$50,022
Nov 2004	575	4,373	45.28	6.33	$53,719
Oct 2004	785	4,812	49.70	6.52	$70,365
Sep 2004	559	4,394	43.24	5.28	$47,389
Aug 2004	765	4,933	42.37	5.55	$59,794
Jul 2004	779	5,212	38.28	6.08	$61,531
Jun 2004	579	4,746	36.10	6.43	$51,433
May 2004	780	5,206	37.48	6.49	$63,045
Apr 2004	794	4,915	34.47	5.86	$56,164
Mar 2004	983	5,367	34.36	5.53	$63,456
Feb 2004	793	4,915	32.45	5.51	$52,813
Jan 2004	794	5,490	32.03	6.30	$60,017
Dec 2003	992	5,586	30.26	6.30	$65,219
Nov 2003	791	5,548	28.80	4.60	$48,275
Oct 2003	784	5,639	28.17	4.76	$48,925
Sep 2003	981	5,245	26.31	4.75	$50,721
Aug 2003	977	6,011	29.76	5.13	$59,910
Jul 2003	967	6,091	29.41	5.17	$59,935
Jun 2003	729	5,926	28.56	5.98	$56,275
May 2003	1,097	6,279	26.59	5.97	$66,672
Apr 2003	910	6,089	26.67	5.41	$57,195
Mar 2003	1,096	6,464	31.14	6.10	$73,534
Feb 2003	915	5,530	33.48	7.93	$74,464
Jan 2003	1,098	6,283	30.31	5.58	$68,352
Dec 2002	906	6,589	26.91	4.85	$56,362
Nov 2002	1,090	6,634	24.66	4.14	$54,324
Oct 2002	1,083	7,049	26.46	4.23	$58,467
Sep 2002	1,073	6,242	27.44	3.64	$52,134
Aug 2002	1,275	7,610	25.96	3.16	$57,178
Jul 2002	1,238	7,794	24.58	3.06	$54,293
Jun 2002	1,266	7,858	23.73	3.34	$56,274
May 2002	1,406	8,789	24.66	3.58	$66,172
Apr 2002	1,817	9,204	23.65	3.51	$75,299
Mar 2002	2,008	10,940	22.00	3.10	$78,120
Feb 2002	1,277	8,062	18.22	2.38	$42,420
Jan 2002	200	544	17.17	2.38	$4,726
Dec 2001	545	4,898	16.93	2.36	$20,808
Nov 2001	559	3,923	18.07	2.41	$19,538
Oct 2001	737	5,528	19.78	2.53	$28,558
Sep 2001	358	3,673	24.26	2.25	$16,954
Aug 2001	537	4,151	24.87	3.05	$26,029
Jul 2001	905	5,864	23.93	3.20	$40,404
Jun 2001	733	6,046	24.56	3.82	$41,123
May 2001	369	4,383	25.52	4.31	$28,296
Apr 2001	551	4,103	24.68	5.34	$35,490
Mar 2001	548	4,710	24.54	5.38	$38,771
Feb 2001	920	5,951	27.75	5.77	$59,850
Jan 2001	553	4,556	27.47	8.40	$53,456
Dec 2000	750	5,216	26.88	9.12	$67,743
Nov 2000	757	5,846	32.21	5.66	$57,460
Oct 2000	554	4,668	31.23	5.15	$41,321
Sep 2000	752	6,413	31.87	5.19	$57,227
Aug 2000	372	4,660	29.64	4.54	$32,186
Jul 2000	914	6,381	28.53	4.09	$52,173
Jun 2000	548	5,306	29.30	4.40	$39,388
May 2000	584	5,332	27.26	3.68	$35,540
Apr 2000	957	6,763	24.51	3.12	$44,530
Mar 2000	397	4,833	28.42	2.86	$25,104
Feb 2000	800	6,094	27.62	2.73	$38,711
Jan 2000	579	5,775	25.27	2.48	$28,956
Dec 1999	799	5,709	24.28	2.42	$33,237
Nov 1999	774	6,229	23.19	2.43	$33,110
Oct 1999	553	5,387	20.98	2.80	$26,706
Sep 1999	740	6,576	21.75	2.62	$33,317
Aug 1999	719	5,451	19.26	2.88	$29,523
Jul 1999	569	4,984	17.89	2.37	$22,003
Jun 1999	784	6,764	15.94	2.36	$28,474
May 1999	943	6,477	15.79	2.32	$29,923
Apr 1999	785	6,507	15.10	2.21	$26,221
Mar 1999	572	5,196	12.47	1.84	$16,685
Feb 1999	599	5,328	9.98	1.82	$15,663
Jan 1999	945	7,311	10.38	1.90	$23,700
Dec 1998	399	5,082	9.20	1.77	$12,683
Nov 1998	763	5,081	10.89	2.19	$19,415
Oct 1998	397	5,730	12.42	1.97	$16,214
Sep 1998	1,098	7,653	12.59	2.08	$29,762
Aug 1998	744	7,508	11.30	1.91	$22,728
Jul 1998	553	5,584	11.74	2.24	$18,985
Jun 1998	561	6,927	11.24	2.24	$21,803
May 1998	978	7,093	12.62	2.21	$27,992
Apr 1998	788	6,792	13.04	2.51	$27,292
Mar 1998	966	7,279	12.80	2.31	$29,175
Feb 1998	593	6,386	13.95	2.30	$22,955
Jan 1998	1,201	7,195	14.70	2.15	$33,158
Dec 1997	946	7,607	16.32	2.41	$33,780
Nov 1997	600	7,496	18.19	3.09	$34,064
Oct 1997	1,128	8,501	19.25	3.15	$48,491
Sep 1997	960	8,786	17.74	2.95	$42,992
Aug 1997	777	7,718	17.86	2.55	$33,595
Jul 1997	578	8,155	17.58	2.25	$28,485
Jun 1997	942	7,921	17.24	2.26	$34,119
May 1997	915	8,855	18.97	2.31	$37,799
Apr 1997	1,367	8,798	17.88	2.08	$42,766
Mar 1997	749	8,911	18.95	1.94	$31,473
Feb 1997	1,327	7,733	20.49	2.21	$44,248
Jan 1997	1,190	8,445	23.48	3.54	$57,834
Dec 1996	777	9,095	23.32	—	$18,120
Nov 1996	1,375	9,279	21.97	—	$30,209
Oct 1996	937	8,524	23.31	—	$21,841
Sep 1996	784	8,435	22.22	—	$17,420
Aug 1996	1,155	7,762	20.26	—	$23,400
Jul 1996	1,270	9,224	19.55	—	$24,829
Jun 1996	942	9,620	18.73	—	$17,644
May 1996	1,336	10,263	19.43	—	$25,958
Apr 1996	1,139	9,084	21.51	—	$24,500
Mar 1996	1,175	9,998	19.38	—	$22,772
Feb 1996	1,499	9,411	16.98	—	$25,453
Jan 1996	1,170	10,360	17.07	—	$19,972
Dec 1995	1,353	10,288	17.19	—	$23,258
Nov 1995	1,372	9,824	16.00	—	$21,952
Oct 1995	1,352	10,783	15.43	—	$20,861
Sep 1995	1,483	10,955	16.18	—	$23,995
Aug 1995	1,521	12,017	15.92	—	$24,214
Jul 1995	1,720	11,967	15.24	—	$26,213
Jun 1995	1,281	11,903	16.41	—	$21,021
May 1995	1,688	12,625	17.56	—	$29,641
Apr 1995	1,901	12,009	17.73	—	$33,705
Mar 1995	1,641	12,682	16.44	—	$26,978
Feb 1995	1,835	11,710	16.58	—	$30,424
Jan 1995	2,203	13,238	15.92	—	$35,072
Dec 1994	1,803	13,803	15.03	—	$27,099
Nov 1994	2,208	13,668	15.90	—	$35,107
Oct 1994	2,018	14,379	15.58	—	$31,440
Sep 1994	2,487	14,587	15.29	—	$38,026
Aug 1994	2,143	15,584	16.13	—	$34,567
Jul 1994	2,166	16,193	17.56	—	$38,035
Jun 1994	2,515	16,456	17.09	—	$42,981
May 1994	2,869	17,596	15.88	—	$45,560
Apr 1994	2,475	17,515	14.14	—	$34,997
Mar 1994	3,080	18,344	12.46	—	$38,377
Feb 1994	2,551	17,010	12.50	—	$31,888
Jan 1994	3,100	19,811	12.66	—	$39,246
Dec 1993	3,522	20,526	12.33	—	$43,426
Nov 1993	3,334	17,940	14.49	—	$48,310
Oct 1993	3,495	21,912	15.85	—	$55,396
Sep 1993	4,172	23,427	15.03	—	$62,705
Aug 1993	4,006	24,474	15.66	—	$62,734
Jul 1993	4,061	26,051	15.46	—	$62,783
Jun 1993	4,992	56,232	16.79	—	$83,816
May 1993	5,721	31,287	17.68	—	$101,147
Apr 1993	6,400	33,748	18.05	—	$115,520
Mar 1993	7,867	38,844	18.14	—	$142,707
Feb 1993	8,550	31,537	17.90	—	$153,045
Jan 1993	8,776	39,663	16.93	—	$148,578

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 2012 — as filed, then multipliedworked

Oil                  152 bbl  × $101.65 =    $15,451
Casinghead gas         0 Mcf  × $  2.00 =         $0

────────────────────────────────────────────────────
Month total                                  $15,451

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/21757 is the state's own key, not one this site invented.