LOCKWOOD & SHARP -B-

Name: LOCKWOOD & SHARP -B- 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, SW. (MIOCENE 12-A) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 5444District 03Field 89532400NGPA filingOilCasinghead gasSave Export

Value, all time

$1.3 M

Jan 1993 – Mar 2004

Value, last 12 filed months

$146 k

at the published price for each month

Months reported

135

no gaps in the span

Streams

oil, casinghead gas

The THOMPSON, SW. (MIOCENE 12-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 24 wells, and the rule below applies to all of them.

Discovered

1958-02-15

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

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

Programme	Filings	With an approval date	Dated	Docket
NGPA	6	none	—	—

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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	53,263 bbl	$1,099,872
Casinghead gas	Production	43,554 Mcf	$169,662
Total			$1,269,534

3,953 Mcf of this lease's gas, across 13 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 (18)

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 29.4521, -95.5897. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

29.45191, -95.58921 · 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%

18 of 18 wells

With a plug date

50.0%

9 of 18 wells

Median depth

5,005 ft

16 wells filed one

Completion to plug

5.4 years

median over 8 wells

What the state filed about each well

On the RRC proration schedule

18100.0%

A plug date is filed

950.0%

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

950.0%

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

Total depth in feet, 16 of 18 wells. Median 5,005 ft, with the middle half between 4,204 and 5,435 ft; the shallowest is 3,850 ft and the deepest 5,450 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 12 of 18 wells, Jun 1984 – Nov 2011. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed

Jun 1984 – Nov 2011

12 of 18 wells; 6 filed none

Plug dates filed

Mar 1988 – Oct 1997

9 of 18 wells; 9 filed none

Last completion to plug: a median of 5.4 years across the 8 wells that filed both dates, with the middle half between 2.2 years and 7.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

18 wells


42-15702484	16	5,275 ft	—	Dec 1991	Yes
42-15702495	27 C	5,326 ft	—	—	Yes
42-15702504	37 C	4,734 ft	—	—	Yes
42-15702505	38 C	—	—	—	Yes
42-15702507	40	—	—	—	Yes
42-15702510	43 D	4,011 ft	—	—	Yes
42-15702506	39	4,600 ft	Nov 2011	—	Yes
42-15730183	46	5,450 ft	May 2006	—	Yes
42-15731632	72	4,220 ft	Sep 1997	—	Yes
42-15731521	71	4,105 ft	Apr 1997	—	Yes
42-15731631	77	4,236 ft	Mar 1996	Oct 1997	Yes
42-15731629	76	5,450 ft	Dec 1993	Apr 1996	Yes
42-15730901	62	5,450 ft	Sep 1990	Dec 1996	Yes
42-15731615	75	5,450 ft	Jan 1990	May 1995	Yes
42-15702490	22	5,430 ft	Jan 1988	Mar 1988	Yes
42-15702485	17	5,373 ft	Mar 1987	Sep 1992	Yes
42-15731438	66	3,850 ft	Aug 1986	Dec 1996	Yes
42-15731530	70	4,155 ft	Jun 1984	Nov 1996	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 (135)

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

135 months


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	339	3,408	28.17	4.76	$25,770
Sep 2003	395	3,379	26.31	4.75	$26,441
Aug 2003	379	2,903	29.76	5.13	$26,171
Jul 2003	315	1,546	29.41	5.17	$17,258
Jun 2003	375	1,950	28.56	5.98	$22,377
May 2003	408	927	26.59	5.97	$16,385
Apr 2003	333	524	26.67	5.41	$11,715
Mar 2003	505	0	31.14	6.10	$15,726
Feb 2003	350	240	33.48	7.93	$13,620
Jan 2003	384	0	30.31	5.58	$11,639
Dec 2002	364	0	26.91	4.85	$9,795
Nov 2002	349	0	24.66	4.14	$8,606
Oct 2002	338	0	26.46	4.23	$8,943
Sep 2002	359	0	27.44	3.64	$9,851
Aug 2002	428	0	25.96	3.16	$11,111
Jul 2002	443	0	24.58	3.06	$10,889
Jun 2002	594	0	23.73	3.34	$14,096
May 2002	556	0	24.66	3.58	$13,711
Apr 2002	524	0	23.65	3.51	$12,393
Mar 2002	413	1	22.00	3.10	$9,089
Feb 2002	334	0	18.22	2.38	$6,085
Jan 2002	513	0	17.17	2.38	$8,808
Dec 2001	526	0	16.93	2.36	$8,905
Nov 2001	577	0	18.07	2.41	$10,426
Oct 2001	618	0	19.78	2.53	$12,224
Sep 2001	646	0	24.26	2.25	$15,672
Aug 2001	338	0	24.87	3.05	$8,406
Jul 2001	452	27	23.93	3.20	$10,903
Jun 2001	614	119	24.56	3.82	$15,535
May 2001	305	951	25.52	4.31	$11,880
Apr 2001	239	99	24.68	5.34	$6,427
Mar 2001	233	1,846	24.54	5.38	$15,643
Feb 2001	213	11	27.75	5.77	$5,974
Jan 2001	191	7	27.47	8.40	$5,306
Dec 2000	296	42	26.88	9.12	$8,340
Nov 2000	195	19	32.21	5.66	$6,388
Oct 2000	312	1,979	31.23	5.15	$19,927
Sep 2000	547	2,322	31.87	5.19	$29,476
Aug 2000	501	2,058	29.64	4.54	$24,195
Jul 2000	565	3,217	28.53	4.09	$29,276
Jun 2000	617	1,188	29.30	4.40	$23,302
May 2000	865	187	27.26	3.68	$24,268
Apr 2000	766	95	24.51	3.12	$19,071
Mar 2000	586	210	28.42	2.86	$17,255
Feb 2000	750	218	27.62	2.73	$21,309
Jan 2000	815	555	25.27	2.48	$21,972
Dec 1999	869	859	24.28	2.42	$23,181
Nov 1999	716	731	23.19	2.43	$18,383
Oct 1999	840	949	20.98	2.80	$20,284
Sep 1999	833	684	21.75	2.62	$19,909
Aug 1999	1,013	728	19.26	2.88	$21,604
Jul 1999	1,237	123	17.89	2.37	$22,422
Jun 1999	1,197	176	15.94	2.36	$19,496
May 1999	771	471	15.79	2.32	$13,267
Apr 1999	800	292	15.10	2.21	$12,725
Mar 1999	1,067	0	12.47	1.84	$13,305
Feb 1999	697	87	9.98	1.82	$7,114
Jan 1999	364	0	10.38	1.90	$3,778
Dec 1998	509	0	9.20	1.77	$4,683
Nov 1998	183	11	10.89	2.19	$2,017
Oct 1998	364	146	12.42	1.97	$4,808
Sep 1998	519	321	12.59	2.08	$7,203
Aug 1998	662	0	11.30	1.91	$7,481
Jul 1998	517	71	11.74	2.24	$6,228
Jun 1998	700	123	11.24	2.24	$8,143
May 1998	499	0	12.62	2.21	$6,297
Apr 1998	501	223	13.04	2.51	$7,092
Mar 1998	410	2,471	12.80	2.31	$10,955
Feb 1998	700	957	13.95	2.30	$11,965
Jan 1998	690	0	14.70	2.15	$10,143
Dec 1997	657	0	16.32	2.41	$10,722
Nov 1997	809	134	18.19	3.09	$15,130
Oct 1997	1,328	16	19.25	3.15	$25,614
Sep 1997	1,338	0	17.74	2.95	$23,736
Aug 1997	966	0	17.86	2.55	$17,253
Jul 1997	281	0	17.58	2.25	$4,940
Jun 1997	332	0	17.24	2.26	$5,724
May 1997	500	0	18.97	2.31	$9,485
Apr 1997	821	0	17.88	2.08	$14,679
Mar 1997	927	0	18.95	1.94	$17,567
Feb 1997	665	0	20.49	2.21	$13,626
Jan 1997	259	0	23.48	3.54	$6,081
Dec 1996	190	0	23.32	—	$4,431
Nov 1996	355	0	21.97	—	$7,799
Oct 1996	748	9	23.31	—	$17,436
Sep 1996	463	28	22.22	—	$10,288
Aug 1996	522	26	20.26	—	$10,576
Jul 1996	428	60	19.55	—	$8,367
Jun 1996	473	53	18.73	—	$8,859
May 1996	433	174	19.43	—	$8,413
Apr 1996	763	1,325	21.51	—	$16,412
Mar 1996	987	785	19.38	—	$19,128
Feb 1996	350	691	16.98	—	$5,943
Jan 1996	0	0	17.07	—	$0
Dec 1995	0	0	17.19	—	$0
Nov 1995	0	0	16.00	—	$0
Oct 1995	0	0	15.43	—	$0
Sep 1995	0	0	16.18	—	$0
Aug 1995	0	0	15.92	—	$0
Jul 1995	0	0	15.24	—	$0
Jun 1995	0	0	16.41	—	$0
May 1995	0	0	17.56	—	$0
Apr 1995	0	0	17.73	—	$0
Mar 1995	0	0	16.44	—	$0
Feb 1995	0	0	16.58	—	$0
Jan 1995	0	0	15.92	—	$0
Dec 1994	0	0	15.03	—	$0
Nov 1994	0	0	15.90	—	$0
Oct 1994	0	0	15.58	—	$0
Sep 1994	0	0	15.29	—	$0
Aug 1994	0	0	16.13	—	$0
Jul 1994	0	0	17.56	—	$0
Jun 1994	1	0	17.09	—	$17
May 1994	6	0	15.88	—	$95
Apr 1994	33	0	14.14	—	$467
Mar 1994	0	30	12.46	—	$0
Feb 1994	0	0	12.50	—	$0
Jan 1994	0	0	12.66	—	$0
Dec 1993	0	0	12.33	—	$0
Nov 1993	0	0	14.49	—	$0
Oct 1993	0	0	15.85	—	$0
Sep 1993	0	0	15.03	—	$0
Aug 1993	1	0	15.66	—	$16
Jul 1993	0	0	15.46	—	$0
Jun 1993	8	0	16.79	—	$134
May 1993	81	0	17.68	—	$1,432
Apr 1993	340	301	18.05	—	$6,137
Mar 1993	471	405	18.14	—	$8,544
Feb 1993	303	66	17.90	—	$5,424
Jan 1993	1	0	16.93	—	$17

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                  339 bbl  × $ 28.17 =     $9,550
Casinghead gas     3,408 Mcf  × $  4.76 =    $16,221

────────────────────────────────────────────────────
Month total                                  $25,770

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/5444 is the state's own key, not one this site invented.