LOVETT ET AL

Operated by BARRIER RESOURCES,L.L.C. (P-5 53224) in the SPARTAN (8800 FRIO LOWER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 144804District 04Field 84960960CondensateGasSaveExport
Value, all time
$557 k
Jan 1993 – Aug 2003
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
128
no gaps in the span
Streams
2
condensate, 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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1953-08-14
as the register files it
Field class
Gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 240 acres.

The Commission's schedule remark for this field reads: ONE WELL FIELD EFF 6-1-93

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
CondensateDisposition11,729 bbl$188,652
GasProduction995,796 Mcf$367,921
Total$556,573

834,064 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 27.9856, -97.5641. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.98563, -97.56407 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
9,847 ft
1 wells filed one
Completion to plug
10.0 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 9,847 ft.

Completions filed
Nov 1992
1 of 1 wells
Plug dates filed
Nov 2002
1 of 1 wells

Last completion to plug: a median of 10.0 years across the 1 well that filed both dates, with the middle half between 10.0 years and 10.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-409324071R9,847 ftNov 1992Nov 2002Yes

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 (128)

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

128 months

Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 200362028.565.98$1,771
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 199908,84112.471.84$16,253
Feb 199908,6539.981.82$15,729
Jan 199907,46910.381.90$14,191
Dec 199807,0439.201.77$12,489
Nov 199806,64310.892.19$14,520
Oct 199806,51712.421.97$12,833
Sep 199806,34712.592.08$13,218
Aug 199802,14011.301.91$4,082
Jul 1998035011.742.24$783
Jun 199806,71111.242.24$15,014
May 199805,43112.622.21$11,983
Apr 19983574,38113.042.51$15,631
Mar 199806,93112.802.31$16,007
Feb 199808,36113.952.30$19,223
Jan 199807,60114.702.15$16,379
Dec 199706,75316.322.41$16,282
Nov 199706,01018.193.09$18,560
Oct 199705,89219.253.15$18,559
Sep 199706,00217.742.95$17,735
Aug 199703,50017.862.55$8,942
Jul 19971882,32717.582.25$8,534
Jun 199706,28817.242.26$14,193
May 199704,67218.972.31$10,785
Apr 199706,50517.882.08$13,548
Mar 199707,74418.951.94$15,017
Feb 199706,95820.492.21$15,349
Jan 199705,66223.483.54$20,042
Dec 199605,92923.32$0
Nov 19962996,82021.97$6,569
Oct 199608,14323.31$0
Sep 199608,58822.22$0
Aug 199608,86220.26$0
Jul 199631210,40319.55$6,100
Jun 1996012,18918.73$0
May 1996014,67319.43$0
Apr 199635615,67321.51$7,658
Mar 1996015,54419.38$0
Feb 1996212,65516.98$34
Jan 199635415,54917.07$6,043
Dec 199508,11617.19$0
Nov 199503,94016.00$0
Oct 199519211,43815.43$2,963
Sep 1995011,68116.18$0
Aug 1995012,54015.92$0
Jul 199517512,04015.24$2,667
Jun 1995013,05316.41$0
May 199551915,79517.56$9,114
Apr 1995012,42617.73$0
Mar 199534013,27916.44$5,590
Feb 1995014,20816.58$0
Jan 199518220,76215.92$2,897
Dec 199450622,63315.03$7,605
Nov 199435125,53815.90$5,581
Oct 199418727,66915.58$2,913
Sep 199434924,97015.29$5,336
Aug 199435626,83216.13$5,742
Jul 199434827,57017.56$6,111
Jun 199438027,48517.09$6,494
May 199451125,51215.88$8,115
Apr 199434525,95914.14$4,878
Mar 199453823,60612.46$6,703
Feb 1994022,22812.50$0
Jan 199435828,06912.66$4,532
Dec 199372130,87812.33$8,890
Nov 199351420,23414.49$7,448
Oct 199306,06115.85$0
Sep 199318232,11415.03$2,735
Aug 199366920,96715.66$10,477
Jul 199353321,09915.46$8,240
Jun 199335313,46116.79$5,927
May 199308,72917.68$0
Apr 199330218,59418.05$5,451
Mar 199388851,42618.14$16,108
Feb 1993018,12417.90$0
Jan 19930016.93$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.

Jun 2003 — as filed, then multipliedworked
Condensate            62 bbl  × $ 28.56 =     $1,771
Gas                    0 Mcf  × $  5.98 =         $0

────────────────────────────────────────────────────
Month total                                   $1,771

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. 04/G/144804 is the state's own key, not one this site invented.