LOCKWOOD, H. P.

Name: LOCKWOOD, H. P. 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 4) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 6347District 03Field 89525558OilCasinghead gasSave Export

Value, all time

$5.3 M

Jan 1993 – Mar 2004

Value, last 12 filed months

$179 k

at the published price for each month

Months reported

135

no gaps in the span

Streams

oil, casinghead gas

The THOMPSON (MIOCENE 11 SEG 4) 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 3 leases and 13 wells, and the rule below applies to all of them.

Discovered

1959-05-01

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

The Commission's schedule remark for this field reads: “TRANS. FROM THOMPSON /3600 SD./ FLD. EFF. 5-1-59”

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	255,124 bbl	$4,966,531
Casinghead gas	Production	120,781 Mcf	$283,877
Total			$5,250,408

27,646 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 (4)

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 29.4516, -95.5760. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

29.45188, -95.57614 · 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%

4 of 4 wells

With a plug date

25.0%

1 of 4 wells

Median depth

3,832 ft

3 wells filed one

Completion to plug

4 months

median over 1 well

What the state filed about each well

On the RRC proration schedule

4100.0%

A plug date is filed

125.0%

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

125.0%

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 3,731 and 5,450 ft, median 3,832 ft, over the 3 wells that filed a depth.

Completions filed

Jul 1996 – Sep 2006

2 of 4 wells; 2 filed none

Plug dates filed

Nov 1996

1 of 4 wells; 3 filed none

Last completion to plug: a median of 4 months across the 1 well that filed both dates, with the middle half between 4 months and 4 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells


42-15702412	25 L	—	—	—	Yes
42-15730232	32	3,731 ft	—	—	Yes
42-15731182	47	5,450 ft	Sep 2006	—	Yes
42-15731571	50	3,832 ft	Jul 1996	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	972	1,166	28.17	4.76	$32,931
Sep 2003	718	1,164	26.31	4.75	$24,419
Aug 2003	840	917	29.76	5.13	$29,702
Jul 2003	613	666	29.41	5.17	$21,472
Jun 2003	890	0	28.56	5.98	$25,418
May 2003	902	0	26.59	5.97	$23,984
Apr 2003	795	0	26.67	5.41	$21,203
Mar 2003	885	589	31.14	6.10	$31,149
Feb 2003	762	129	33.48	7.93	$26,534
Jan 2003	944	453	30.31	5.58	$31,141
Dec 2002	740	418	26.91	4.85	$21,942
Nov 2002	927	442	24.66	4.14	$24,688
Oct 2002	1,083	0	26.46	4.23	$28,656
Sep 2002	1,081	256	27.44	3.64	$30,593
Aug 2002	1,164	675	25.96	3.16	$32,353
Jul 2002	1,099	423	24.58	3.06	$28,309
Jun 2002	1,067	853	23.73	3.34	$28,167
May 2002	1,091	1,732	24.66	3.58	$33,112
Apr 2002	413	404	23.65	3.51	$11,186
Mar 2002	693	911	22.00	3.10	$18,073
Feb 2002	597	570	18.22	2.38	$12,231
Jan 2002	399	29	17.17	2.38	$6,920
Dec 2001	465	489	16.93	2.36	$9,029
Nov 2001	644	752	18.07	2.41	$13,446
Oct 2001	249	140	19.78	2.53	$5,279
Sep 2001	241	108	24.26	2.25	$6,090
Aug 2001	1,714	0	24.87	3.05	$42,627
Jul 2001	1,866	1,371	23.93	3.20	$49,037
Jun 2001	1,526	1,530	24.56	3.82	$43,330
May 2001	2,213	62	25.52	4.31	$56,743
Apr 2001	2,025	2,411	24.68	5.34	$62,840
Mar 2001	1,891	982	24.54	5.38	$51,685
Feb 2001	2,235	305	27.75	5.77	$63,780
Jan 2001	2,458	2,308	27.47	8.40	$86,906
Dec 2000	2,120	161	26.88	9.12	$58,454
Nov 2000	2,146	1,101	32.21	5.66	$75,352
Oct 2000	2,212	836	31.23	5.15	$73,382
Sep 2000	2,460	1,271	31.87	5.19	$84,992
Aug 2000	2,633	1,111	29.64	4.54	$83,087
Jul 2000	2,799	2,234	28.53	4.09	$88,992
Jun 2000	2,340	417	29.30	4.40	$70,396
May 2000	2,394	0	27.26	3.68	$65,260
Apr 2000	2,386	0	24.51	3.12	$58,481
Mar 2000	2,426	0	28.42	2.86	$68,947
Feb 2000	2,118	768	27.62	2.73	$60,593
Jan 2000	2,252	1,409	25.27	2.48	$60,403
Dec 1999	2,546	185	24.28	2.42	$62,265
Nov 1999	2,177	402	23.19	2.43	$51,463
Oct 1999	2,234	1,006	20.98	2.80	$49,690
Sep 1999	2,141	1,067	21.75	2.62	$49,361
Aug 1999	1,912	1,140	19.26	2.88	$40,103
Jul 1999	1,774	2,055	17.89	2.37	$36,612
Jun 1999	1,738	1,688	15.94	2.36	$31,691
May 1999	2,232	1,724	15.79	2.32	$39,245
Apr 1999	2,033	1,037	15.10	2.21	$32,988
Mar 1999	2,309	2,441	12.47	1.84	$33,281
Feb 1999	2,180	3,334	9.98	1.82	$27,817
Jan 1999	2,243	1,982	10.38	1.90	$27,048
Dec 1998	2,304	2,007	9.20	1.77	$24,756
Nov 1998	1,342	1,381	10.89	2.19	$17,633
Oct 1998	1,366	1,382	12.42	1.97	$19,687
Sep 1998	2,323	1,913	12.59	2.08	$33,231
Aug 1998	2,649	3,450	11.30	1.91	$36,514
Jul 1998	2,661	2,018	11.74	2.24	$35,755
Jun 1998	2,606	1,948	11.24	2.24	$33,650
May 1998	2,633	0	12.62	2.21	$33,228
Apr 1998	2,657	1	13.04	2.51	$34,650
Mar 1998	2,896	1,752	12.80	2.31	$41,115
Feb 1998	3,022	1,598	13.95	2.30	$45,831
Jan 1998	3,582	3,138	14.70	2.15	$59,417
Dec 1997	3,666	687	16.32	2.41	$61,486
Nov 1997	3,549	1,254	18.19	3.09	$68,429
Oct 1997	3,195	2,058	19.25	3.15	$67,986
Sep 1997	3,157	2,535	17.74	2.95	$63,496
Aug 1997	3,355	2,625	17.86	2.55	$66,626
Jul 1997	3,584	3,253	17.58	2.25	$70,316
Jun 1997	3,623	3,170	17.24	2.26	$69,616
May 1997	3,759	1,439	18.97	2.31	$74,630
Apr 1997	4,030	1,467	17.88	2.08	$75,112
Mar 1997	3,294	956	18.95	1.94	$64,275
Feb 1997	3,358	2,403	20.49	2.21	$74,106
Jan 1997	4,319	1,076	23.48	3.54	$105,219
Dec 1996	3,490	1,430	23.32	—	$81,387
Nov 1996	3,342	1,747	21.97	—	$73,424
Oct 1996	3,829	508	23.31	—	$89,254
Sep 1996	2,615	305	22.22	—	$58,105
Aug 1996	3,105	974	20.26	—	$62,907
Jul 1996	1,809	400	19.55	—	$35,366
Jun 1996	1,828	253	18.73	—	$34,238
May 1996	1,850	308	19.43	—	$35,946
Apr 1996	1,996	581	21.51	—	$42,934
Mar 1996	1,968	1,014	19.38	—	$38,140
Feb 1996	1,808	1,070	16.98	—	$30,700
Jan 1996	1,724	703	17.07	—	$29,429
Dec 1995	1,925	710	17.19	—	$33,091
Nov 1995	1,942	861	16.00	—	$31,072
Oct 1995	1,819	1,403	15.43	—	$28,067
Sep 1995	1,238	1,705	16.18	—	$20,031
Aug 1995	1,821	754	15.92	—	$28,990
Jul 1995	1,830	214	15.24	—	$27,889
Jun 1995	1,744	202	16.41	—	$28,619
May 1995	1,755	150	17.56	—	$30,818
Apr 1995	1,702	104	17.73	—	$30,176
Mar 1995	1,781	520	16.44	—	$29,280
Feb 1995	1,695	422	16.58	—	$28,103
Jan 1995	1,854	302	15.92	—	$29,516
Dec 1994	1,808	100	15.03	—	$27,174
Nov 1994	1,729	521	15.90	—	$27,491
Oct 1994	1,050	658	15.58	—	$16,359
Sep 1994	1,409	939	15.29	—	$21,544
Aug 1994	1,490	723	16.13	—	$24,034
Jul 1994	2,003	548	17.56	—	$35,173
Jun 1994	1,926	215	17.09	—	$32,915
May 1994	2,040	194	15.88	—	$32,395
Apr 1994	1,654	243	14.14	—	$23,388
Mar 1994	1,893	345	12.46	—	$23,587
Feb 1994	1,670	785	12.50	—	$20,875
Jan 1994	1,667	489	12.66	—	$21,104
Dec 1993	1,623	770	12.33	—	$20,012
Nov 1993	1,858	357	14.49	—	$26,922
Oct 1993	2,022	964	15.85	—	$32,049
Sep 1993	1,960	233	15.03	—	$29,459
Aug 1993	2,025	124	15.66	—	$31,712
Jul 1993	1,960	400	15.46	—	$30,302
Jun 1993	1,887	210	16.79	—	$31,683
May 1993	1,768	898	17.68	—	$31,258
Apr 1993	1,724	840	18.05	—	$31,118
Mar 1993	1,856	161	18.14	—	$33,668
Feb 1993	1,481	175	17.90	—	$26,510
Jan 1993	1,214	114	16.93	—	$20,553

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                  972 bbl  × $ 28.17 =    $27,381
Casinghead gas     1,166 Mcf  × $  4.76 =     $5,550

────────────────────────────────────────────────────
Month total                                  $32,931

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/6347 is the state's own key, not one this site invented.