LOCKRIDGE GU

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

Operated by VERADO ENERGY, INC. (P-5 884563) in the OAK HILL (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 145668District 06Field 664612752 tax incentive programmesCondensateGasSave Export

Value, all time

$2.4 M

Jan 1993 – Apr 2018

Value, last 12 filed months

$36 k

at the published price for each month

Months reported

304

no gaps in the span

Streams

condensate, gas

The OAK HILL (COTTON VALLEY) 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 2,275 leases and 2,276 wells, and the rule below applies to all of them.

Discovered

1976-11-17

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2018-03-20.

The Commission's schedule remark for this field reads: “FIELD. EFFECTIVE 4/12/16.”

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
High Cost Gas	1	1	1993-07-29	127030
NGPA	1	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
Condensate	Disposition	1,832 bbl	$65,446
Gas	Production	954,275 Mcf	$2,377,779
Total			$2,443,225

402,233 Mcf of this lease's gas, across 45 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 32.2558, -94.7658. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.25578, -94.76580 · 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

10,850 ft

1 wells filed one

Completion to plug

—

no well filed both dates

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 10,850 ft.

Plug dates filed

Apr 2018

1 of 1 wells

1 well


42-40132440	4	10,850 ft	—	Apr 2018	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 (304)

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

304 months


Apr 2018	0	233	63.84	2.90	$676
Mar 2018	13	827	61.22	2.79	$3,101
Feb 2018	0	797	61.78	2.77	$2,205
Jan 2018	0	788	62.87	4.01	$3,159
Dec 2017	0	1,108	57.27	2.92	$3,237
Nov 2017	0	1,039	55.42	3.12	$3,240
Oct 2017	0	1,195	49.29	2.98	$3,566
Sep 2017	21	959	47.52	3.09	$3,959
Aug 2017	0	803	45.37	3.00	$2,413
Jul 2017	0	886	43.87	3.09	$2,735
Jun 2017	0	1,182	42.49	3.09	$3,649
May 2017	0	1,120	45.37	3.26	$3,655
Apr 2017	0	1,027	47.93	3.21	$3,298
Mar 2017	0	968	46.77	2.98	$2,888
Feb 2017	0	1,050	50.45	2.95	$3,100
Jan 2017	0	1,088	49.41	3.42	$3,720
Dec 2016	20	1,007	48.76	3.72	$4,724
Nov 2016	0	846	42.49	2.64	$2,237
Oct 2016	19	910	46.19	3.09	$3,690
Sep 2016	0	1,059	41.55	3.10	$3,284
Aug 2016	0	909	41.44	2.92	$2,658
Jul 2016	0	861	41.62	2.92	$2,518
Jun 2016	0	993	45.35	2.69	$2,667
May 2016	0	635	42.52	1.99	$1,264
Apr 2016	1	661	36.56	1.99	$1,353
Mar 2016	0	517	33.01	1.79	$928
Feb 2016	0	439	26.47	2.06	$906
Jan 2016	0	821	27.35	2.36	$1,941
Dec 2015	0	857	32.36	2.00	$1,715
Nov 2015	0	676	38.79	2.17	$1,465
Oct 2015	0	776	43.55	2.43	$1,883
Sep 2015	15	795	42.99	2.76	$2,838
Aug 2015	0	742	40.16	2.87	$2,131
Jul 2015	1	796	48.15	2.95	$2,392
Jun 2015	0	721	56.15	2.88	$2,079
May 2015	0	670	55.21	2.96	$1,980
Apr 2015	0	755	49.82	2.71	$2,043
Mar 2015	0	709	42.89	2.93	$2,081
Feb 2015	0	738	44.66	2.98	$2,196
Jan 2015	0	787	43.43	3.10	$2,440
Dec 2014	0	1,044	54.69	3.59	$3,749
Nov 2014	0	737	70.46	4.25	$3,134
Oct 2014	0	373	78.30	3.90	$1,455
Sep 2014	0	335	86.16	4.05	$1,355
Aug 2014	0	286	89.39	4.04	$1,154
Jul 2014	0	102	96.56	4.18	$426
Jun 2014	0	189	98.16	4.74	$895
May 2014	6	129	94.73	4.73	$1,178
Apr 2014	0	1,654	95.94	4.81	$7,954
Mar 2014	1	1,910	95.89	5.06	$9,754
Feb 2014	0	1,576	97.40	6.19	$9,759
Jan 2014	0	1,692	90.40	4.86	$8,224
Dec 2013	24	2,130	91.82	4.35	$11,479
Nov 2013	2	1,756	88.85	3.74	$6,742
Oct 2013	0	1,902	97.42	3.78	$7,188
Sep 2013	0	2,036	104.11	3.72	$7,569
Aug 2013	0	1,924	104.25	3.52	$6,778
Jul 2013	1	2,003	102.52	3.72	$7,549
Jun 2013	0	1,687	94.40	3.93	$6,636
May 2013	1	1,686	94.83	4.15	$7,090
Apr 2013	1	1,750	93.96	4.28	$7,588
Mar 2013	24	2,042	93.62	3.91	$10,237
Feb 2013	0	1,524	91.23	3.42	$5,212
Jan 2013	1	2,046	91.60	3.42	$7,089
Dec 2012	20	1,662	86.77	3.42	$7,420
Nov 2012	2	2,067	86.95	3.62	$7,667
Oct 2012	0	1,126	89.38	3.40	$3,828
Sep 2012	0	1,536	94.67	2.92	$4,483
Aug 2012	1	1,770	92.66	2.91	$5,240
Jul 2012	0	1,932	85.13	3.02	$5,836
Jun 2012	0	2,124	79.82	2.52	$5,350
May 2012	1	2,294	91.61	2.49	$5,800
Apr 2012	0	1,690	101.65	2.00	$3,375
Mar 2012	0	1,289	105.05	2.22	$2,864
Feb 2012	22	1,410	101.10	2.57	$5,848
Jan 2012	0	1,727	98.09	2.73	$4,722
Dec 2011	0	1,594	96.87	3.24	$5,164
Nov 2011	22	1,514	95.72	3.31	$7,119
Oct 2011	0	1,935	84.98	3.65	$7,060
Sep 2011	0	1,875	83.62	3.99	$7,473
Aug 2011	0	1,785	83.40	4.15	$7,407
Jul 2011	0	2,234	94.14	4.52	$10,092
Jun 2011	0	2,121	92.90	4.64	$9,841
May 2011	0	2,670	98.13	4.40	$11,761
Apr 2011	0	2,499	105.96	4.33	$10,829
Mar 2011	20	2,527	96.36	4.06	$12,180
Feb 2011	0	1,739	85.64	4.18	$7,269
Jan 2011	1	2,457	86.50	4.59	$11,361
Dec 2010	1	2,420	85.73	4.35	$10,607
Nov 2010	0	2,135	80.84	3.80	$8,103
Oct 2010	1	2,673	78.10	3.51	$9,457
Sep 2010	9	1,964	72.63	3.98	$8,469
Aug 2010	0	1,160	73.68	4.42	$5,126
Jul 2010	0	150	72.55	4.74	$710
Jun 2010	0	450	70.36	4.91	$2,210
May 2010	0	317	71.12	4.24	$1,343
Apr 2010	5	386	81.69	4.12	$2,000
Mar 2010	0	402	78.39	4.39	$1,764
Feb 2010	0	346	73.58	5.44	$1,883
Jan 2010	0	315	74.36	5.96	$1,879
Dec 2009	5	318	71.44	5.48	$2,101
Nov 2009	0	486	74.59	3.75	$1,823
Oct 2009	0	544	72.54	4.11	$2,236
Sep 2009	7	481	65.54	3.06	$1,933
Aug 2009	0	525	67.42	3.22	$1,690
Jul 2009	0	574	61.13	3.46	$1,989
Jun 2009	0	536	66.16	3.90	$2,088
May 2009	9	635	54.74	3.93	$2,986
Apr 2009	0	588	46.77	3.59	$2,109
Mar 2009	0	524	42.14	4.06	$2,127
Feb 2009	5	581	32.81	4.63	$2,856
Jan 2009	0	872	35.86	5.37	$4,684
Dec 2008	6	850	37.10	5.98	$5,303
Nov 2008	0	1,102	55.49	6.86	$7,560
Oct 2008	24	1,218	75.24	6.92	$10,237
Sep 2008	0	526	101.76	7.88	$4,143
Aug 2008	0	678	114.22	8.48	$5,751
Jul 2008	0	764	131.08	11.39	$8,702
Jun 2008	0	1,434	131.33	13.03	$18,689
May 2008	0	465	123.17	11.57	$5,382
Apr 2008	30	516	110.31	10.45	$8,704
Mar 2008	8	724	101.90	9.66	$7,812
Feb 2008	0	440	92.53	8.77	$3,859
Jan 2008	0	637	90.38	8.21	$5,227
Dec 2007	0	486	88.33	7.30	$3,549
Nov 2007	0	505	91.67	7.29	$3,682
Oct 2007	0	651	82.85	6.92	$4,506
Sep 2007	0	625	75.84	6.24	$3,903
Aug 2007	0	755	69.06	6.39	$4,823
Jul 2007	0	482	70.90	6.39	$3,079
Jun 2007	0	945	62.00	7.55	$7,133
May 2007	0	777	58.74	7.85	$6,097
Apr 2007	0	1,152	59.61	7.81	$8,992
Mar 2007	0	1,174	56.92	7.30	$8,573
Feb 2007	0	2,594	55.10	8.22	$21,312
Jan 2007	0	1,727	50.30	6.73	$11,617
Dec 2006	80	3,871	56.65	6.92	$31,313
Nov 2006	1	3,114	54.20	7.62	$23,775
Oct 2006	0	1,835	54.90	6.01	$11,035
Sep 2006	0	1,088	60.08	5.04	$5,480
Aug 2006	0	943	68.71	7.34	$6,922
Jul 2006	0	423	69.37	6.34	$2,683
Jun 2006	15	279	66.28	6.38	$2,775
May 2006	0	1,165	66.01	6.42	$7,485
Apr 2006	0	1,643	64.39	7.36	$12,093
Mar 2006	75	1,757	56.70	7.08	$16,697
Feb 2006	0	1,401	57.59	7.75	$10,859
Jan 2006	0	1,606	60.59	8.93	$14,347
Dec 2005	0	1,801	54.94	13.42	$24,161
Nov 2005	0	1,807	54.69	10.59	$19,133
Oct 2005	0	1,570	58.34	13.80	$21,659
Sep 2005	23	1,649	61.45	12.08	$21,332
Aug 2005	0	1,292	61.51	9.80	$12,658
Jul 2005	0	1,674	55.69	7.84	$13,130
Jun 2005	19	1,689	52.33	7.38	$13,461
May 2005	0	1,920	45.22	6.65	$12,770
Apr 2005	29	1,942	49.20	7.36	$15,721
Mar 2005	0	2,470	50.37	7.15	$17,673
Feb 2005	0	2,338	45.22	6.31	$14,757
Jan 2005	0	2,294	43.16	6.32	$14,503
Dec 2004	0	2,284	39.86	6.75	$15,419
Nov 2004	0	2,242	45.28	6.33	$14,193
Oct 2004	42	2,445	49.70	6.52	$18,017
Sep 2004	0	2,307	43.24	5.28	$12,190
Aug 2004	0	2,908	42.37	5.55	$16,141
Jul 2004	0	2,630	38.28	6.08	$16,001
Jun 2004	0	2,849	36.10	6.43	$18,328
May 2004	0	2,914	37.48	6.49	$18,925
Apr 2004	0	3,691	34.47	5.86	$21,624
Mar 2004	0	3,309	34.36	5.53	$18,299
Feb 2004	0	2,975	32.45	5.51	$16,391
Jan 2004	0	3,879	32.03	6.30	$24,436
Dec 2003	0	3,533	30.26	6.30	$22,264
Nov 2003	0	3,192	28.80	4.60	$14,668
Oct 2003	0	3,780	28.17	4.76	$17,991
Sep 2003	0	2,916	26.31	4.75	$13,849
Aug 2003	41	4,174	29.76	5.13	$22,632
Jul 2003	35	4,174	29.41	5.17	$22,612
Jun 2003	0	3,338	28.56	5.98	$19,971
May 2003	0	3,864	26.59	5.97	$23,078
Apr 2003	0	3,461	26.67	5.41	$18,715
Mar 2003	0	4,016	31.14	6.10	$24,482
Feb 2003	0	3,612	33.48	7.93	$28,628
Jan 2003	0	4,877	30.31	5.58	$27,224
Dec 2002	0	4,018	26.91	4.85	$19,502
Nov 2002	0	4,104	24.66	4.14	$16,978
Oct 2002	0	3,738	26.46	4.23	$15,808
Sep 2002	0	4,186	27.44	3.64	$15,217
Aug 2002	42	4,011	25.96	3.16	$13,782
Jul 2002	0	4,316	24.58	3.06	$13,215
Jun 2002	0	3,697	23.73	3.34	$12,341
May 2002	0	3,595	24.66	3.58	$12,884
Apr 2002	0	3,394	23.65	3.51	$11,921
Mar 2002	0	4,219	22.00	3.10	$13,090
Feb 2002	61	4,353	18.22	2.38	$11,453
Jan 2002	0	4,841	17.17	2.38	$11,501
Dec 2001	0	4,159	16.93	2.36	$9,834
Nov 2001	0	4,272	18.07	2.41	$10,276
Oct 2001	0	3,929	19.78	2.53	$9,936
Sep 2001	0	3,874	24.26	2.25	$8,722
Aug 2001	0	3,332	24.87	3.05	$10,173
Jul 2001	0	5,119	23.93	3.20	$16,366
Jun 2001	0	4,931	24.56	3.82	$18,857
May 2001	0	4,170	25.52	4.31	$17,962
Apr 2001	0	3,896	24.68	5.34	$20,786
Mar 2001	0	4,694	24.54	5.38	$25,237
Feb 2001	60	4,617	27.75	5.77	$28,292
Jan 2001	0	3,826	27.47	8.40	$32,134
Dec 2000	0	5,444	26.88	9.12	$49,663
Nov 2000	0	6,984	32.21	5.66	$39,515
Oct 2000	0	3,097	31.23	5.15	$15,936
Sep 2000	0	5,813	31.87	5.19	$30,149
Aug 2000	0	5,845	29.64	4.54	$26,541
Jul 2000	0	5,144	28.53	4.09	$21,038
Jun 2000	0	5,554	29.30	4.40	$24,422
May 2000	0	6,250	27.26	3.68	$22,998
Apr 2000	73	6,977	24.51	3.12	$23,530
Mar 2000	0	7,522	28.42	2.86	$21,511
Feb 2000	0	9,821	27.62	2.73	$26,777
Jan 2000	0	3,988	25.27	2.48	$9,892
Dec 1999	0	0	24.28	2.42	$0
Nov 1999	20	187	23.19	2.43	$919
Oct 1999	0	1,145	20.98	2.80	$3,210
Sep 1999	0	881	21.75	2.62	$2,307
Aug 1999	14	881	19.26	2.88	$2,803
Jul 1999	0	1,074	17.89	2.37	$2,548
Jun 1999	0	1,299	15.94	2.36	$3,068
May 1999	0	1,300	15.79	2.32	$3,017
Apr 1999	0	1,102	15.10	2.21	$2,433
Mar 1999	0	999	12.47	1.84	$1,836
Feb 1999	0	956	9.98	1.82	$1,738
Jan 1999	0	1,506	10.38	1.90	$2,861
Dec 1998	0	1,798	9.20	1.77	$3,188
Nov 1998	20	1,841	10.89	2.19	$4,242
Oct 1998	0	1,889	12.42	1.97	$3,720
Sep 1998	0	1,851	12.59	2.08	$3,855
Aug 1998	0	2,415	11.30	1.91	$4,606
Jul 1998	0	3,155	11.74	2.24	$7,059
Jun 1998	0	3,028	11.24	2.24	$6,774
May 1998	20	3,370	12.62	2.21	$7,688
Apr 1998	0	3,165	13.04	2.51	$7,929
Mar 1998	0	4,583	12.80	2.31	$10,584
Feb 1998	0	5,852	13.95	2.30	$13,455
Jan 1998	27	3,269	14.70	2.15	$7,441
Dec 1997	0	3,373	16.32	2.41	$8,133
Nov 1997	33	4,167	18.19	3.09	$13,469
Oct 1997	0	4,662	19.25	3.15	$14,684
Sep 1997	0	5,154	17.74	2.95	$15,229
Aug 1997	0	5,951	17.86	2.55	$15,203
Jul 1997	0	5,315	17.58	2.25	$11,942
Jun 1997	0	5,731	17.24	2.26	$12,936
May 1997	54	6,120	18.97	2.31	$15,152
Apr 1997	0	8,224	17.88	2.08	$17,129
Mar 1997	0	4,096	18.95	1.94	$7,943
Feb 1997	0	3,109	20.49	2.21	$6,858
Jan 1997	0	3,474	23.48	3.54	$12,297
Dec 1996	0	3,965	23.32	—	$0
Nov 1996	57	4,770	21.97	—	$1,252
Oct 1996	0	7,299	23.31	—	$0
Sep 1996	0	7,171	22.22	—	$0
Aug 1996	0	4,195	20.26	—	$0
Jul 1996	0	4,022	19.55	—	$0
Jun 1996	0	6,795	18.73	—	$0
May 1996	0	6,077	19.43	—	$0
Apr 1996	0	6,077	21.51	—	$0
Mar 1996	0	7,010	19.38	—	$0
Feb 1996	0	4,478	16.98	—	$0
Jan 1996	44	6,450	17.07	—	$751
Dec 1995	3	9,562	17.19	—	$52
Nov 1995	3	7,563	16.00	—	$48
Oct 1995	0	4,370	15.43	—	$0
Sep 1995	0	4,952	16.18	—	$0
Aug 1995	37	6,905	15.92	—	$589
Jul 1995	1	6,897	15.24	—	$15
Jun 1995	1	6,931	16.41	—	$16
May 1995	51	7,406	17.56	—	$896
Apr 1995	2	7,431	17.73	—	$35
Mar 1995	0	7,066	16.44	—	$0
Feb 1995	2	7,622	16.58	—	$33
Jan 1995	2	4,900	15.92	—	$32
Dec 1994	27	5,502	15.03	—	$406
Nov 1994	29	5,135	15.90	—	$461
Oct 1994	0	5,773	15.58	—	$0
Sep 1994	1	6,619	15.29	—	$15
Aug 1994	1	6,336	16.13	—	$16
Jul 1994	1	6,469	17.56	—	$18
Jun 1994	61	7,300	17.09	—	$1,042
May 1994	20	7,770	15.88	—	$318
Apr 1994	7	10,677	14.14	—	$99
Mar 1994	74	12,011	12.46	—	$922
Feb 1994	0	11,103	12.50	—	$0
Jan 1994	0	14,877	12.66	—	$0
Dec 1993	48	17,125	12.33	—	$592
Nov 1993	78	11,026	14.49	—	$1,130
Oct 1993	0	12,659	15.85	—	$0
Sep 1993	0	12,885	15.03	—	$0
Aug 1993	67	13,320	15.66	—	$1,049
Jul 1993	0	14,833	15.46	—	$0
Jun 1993	0	19,717	16.79	—	$0
May 1993	81	24,097	17.68	—	$1,432
Apr 1993	0	27,085	18.05	—	$0
Mar 1993	0	0	18.14	—	$0
Feb 1993	0	0	17.90	—	$0
Jan 1993	0	0	16.93	—	$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.

Apr 2018 — as filed, then multipliedworked

Condensate             0 bbl  × $ 63.84 =         $0
Gas                  233 Mcf  × $  2.90 =       $676

────────────────────────────────────────────────────
Month total                                     $676

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. 06/G/145668 is the state's own key, not one this site invented.