LOVETT-SINCLAIR

Operated by BASIN OIL & GAS OPERATING, LLC (P-5 54430) in the KEYSTONE (CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 110889District 08Field 49129150CondensateGasSaveExport
Value, all time
$6.4 M
Jan 1993 – Feb 2024
Value, last 12 filed months
$0
at the published price for each month
Months reported
374
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 38 leases and 425 wells, and the rule below applies to all of them.

Discovered
2015-08-25
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 10 acres. The field rule took effect on 2016-01-01.

The Commission's schedule remark for this field reads: RULE.

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
CondensateDisposition17,391 bbl$719,571
GasProduction1,973,251 Mcf$5,678,506
Total$6,398,078

653,546 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 31.8905, -103.0917. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.89050, -103.09171 · 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
0.0%
0 of 1 wells
Median depth
5,500 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
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 5,500 ft.

Completions filed
Feb 2024
1 of 1 wells

1 well

42-4953117835,500 ftFeb 2024Yes

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 (374)

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

374 months

Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170147.523.09$3
Aug 20170045.373.00$0
Jul 201701843.873.09$56
Jun 2017044942.493.09$1,386
May 2017113145.373.26$600
Apr 2017213047.933.21$1,103
Mar 2017123146.772.98$654
Feb 20172513850.452.95$1,669
Jan 20172539449.413.42$2,582
Dec 20166850148.763.72$5,181
Nov 20162941942.492.64$2,340
Oct 20164177746.193.09$4,295
Sep 20164087841.553.10$4,384
Aug 20163880641.442.92$3,932
Jul 2016681,01741.622.92$5,804
Jun 2016221,09545.352.69$3,939
May 201601,58642.521.99$3,158
Apr 201611,53236.561.99$3,087
Mar 201621,62133.011.79$2,974
Feb 201651,57026.472.06$3,372
Jan 2016451,78827.352.36$5,458
Dec 20151014,00332.362.00$11,280
Nov 2015151,62638.792.17$4,106
Oct 2015423,88943.552.43$11,266
Sep 2015353,39342.992.76$10,864
Aug 2015383,50940.162.87$11,606
Jul 2015303,93648.152.95$13,036
Jun 2015383,87256.152.88$13,296
May 2015674,09455.212.96$15,799
Apr 20151924,03349.822.71$20,481
Mar 20151064,25042.892.93$17,019
Feb 2015763,62344.662.98$14,177
Jan 2015633,26343.433.10$12,853
Dec 20141203,96754.693.59$20,810
Nov 20141084,31870.464.25$25,969
Oct 2014514,36878.303.90$21,033
Sep 2014783,77386.164.05$21,984
Aug 20141034,42689.394.04$27,067
Jul 2014853,63996.564.18$23,417
Jun 20141094,36498.164.74$31,371
May 2014764,47994.734.73$28,370
Apr 2014864,45595.944.81$29,675
Mar 2014784,65395.895.06$31,009
Feb 2014514,20397.406.19$30,992
Jan 2014844,56590.404.86$29,783
Dec 2013594,77791.824.35$26,219
Nov 20131104,30788.853.74$25,874
Oct 2013733,64097.423.78$20,869
Sep 2013494,395104.113.72$21,441
Aug 20131054,592104.253.52$27,122
Jul 20138564102.523.72$8,952
Jun 2013804,21494.403.93$24,127
May 20131234,53694.834.15$30,484
Apr 2013984,32493.964.28$27,726
Mar 2013514,44793.623.91$22,175
Feb 2013574,00591.233.42$18,897
Jan 2013282,87891.603.42$12,407
Dec 2012352,08286.773.42$10,158
Nov 201234,09486.953.62$15,101
Oct 201213,03089.383.40$10,390
Sep 201274,17594.672.92$12,847
Aug 2012141,40492.662.91$5,380
Jul 2012303,19385.133.02$12,199
Jun 2012323,15179.822.52$10,492
May 2012312,95691.612.49$10,195
Apr 2012332,897101.652.00$9,139
Mar 2012221,477105.052.22$5,593
Feb 2012142,899101.102.57$8,867
Jan 2012172,75198.092.73$9,189
Dec 2011372,34596.873.24$11,181
Nov 2011212,67795.723.31$10,874
Oct 2011223,69684.983.65$15,355
Sep 2011122,51883.623.99$11,040
Aug 2011201,04383.404.15$5,996
Jul 2011132,47994.144.52$12,422
Jun 2011333,37992.904.64$18,744
May 2011233,43298.134.40$17,374
Apr 2011283,025105.964.33$16,075
Mar 201113,69396.364.06$15,080
Feb 201102,12285.644.18$8,870
Jan 201103,27686.504.59$15,033
Dec 201004,02085.734.35$17,478
Nov 2010173,05380.843.80$12,961
Oct 2010183,74278.103.51$14,536
Sep 2010412,06872.633.98$11,207
Aug 2010224,71573.684.42$22,458
Jul 2010414,65772.554.74$25,032
Jun 2010424,32370.364.91$24,183
May 2010464,71571.124.24$23,241
Apr 2010184,31981.694.12$19,276
Mar 2010344,65178.394.39$23,077
Feb 2010344,25373.585.44$25,648
Jan 2010274,41274.365.96$28,321
Dec 2009302,97971.445.48$18,479
Nov 20091034,61974.593.75$25,011
Oct 2009375,19472.544.11$24,033
Sep 2009974,55365.543.06$20,311
Aug 2009274,03667.423.22$14,810
Jul 2009492,51161.133.46$11,695
Jun 2009834,49966.163.90$23,015
May 2009564,63854.743.93$21,273
Apr 2009844,39746.773.59$19,703
Mar 2009504,43642.144.06$20,113
Feb 20091934,04932.814.63$25,091
Jan 2009834,66735.865.37$28,043
Dec 2008814,85837.105.98$32,042
Nov 2008784,83855.496.86$37,519
Oct 20081366,20175.246.92$53,156
Sep 200802,594101.767.88$20,433
Aug 2008894,428114.228.48$47,728
Jul 2008433,852131.0811.39$49,509
Jun 2008394,210131.3313.03$59,989
May 2008523,821123.1711.57$50,630
Apr 20081153,937110.3110.45$53,846
Mar 200804,125101.909.66$39,864
Feb 2008912,93592.538.77$34,162
Jan 2008453,67590.388.21$34,223
Dec 2007323,80288.337.30$30,589
Nov 2007283,81891.677.29$30,406
Oct 2007313,20982.856.92$24,781
Sep 2007154,09575.846.24$26,707
Aug 2007393,71869.066.39$26,444
Jul 2007394,03070.906.39$28,509
Jun 2007344,84362.007.55$38,665
May 2007553,99758.747.85$34,592
Apr 2007444,66159.617.81$39,003
Mar 200754,28856.927.30$31,595
Feb 2007233,04155.108.22$26,252
Jan 2007145,83750.306.73$39,969
Dec 2006405,63956.656.92$41,279
Nov 2006254,66954.207.62$36,921
Oct 2006255,34354.906.01$33,504
Sep 2006194,69560.085.04$24,791
Aug 2006124,53568.717.34$34,111
Jul 2006165,08269.376.34$33,344
Jun 200676,33366.286.38$40,893
May 2006165,94066.016.42$39,221
Apr 2006165,97864.397.36$45,031
Mar 2006166,22956.707.08$45,027
Feb 200686,03357.597.75$47,223
Jan 2006247,24760.598.93$66,194
Dec 2005157,30054.9413.42$98,757
Nov 2005157,11154.6910.59$76,114
Oct 2005157,49158.3413.80$104,219
Sep 2005157,06861.4512.08$86,296
Aug 20051555,96261.519.80$67,943
Jul 20054994,24955.697.84$61,117
Jun 20055313,29752.337.38$52,123
May 20053633,19345.226.65$37,652
Apr 20051945749.207.36$4,299
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20052043.166.32$86
Dec 2004627939.866.75$2,123
Nov 2004242,94945.286.33$19,755
Oct 20041052,26449.706.52$19,969
Sep 20041094,70343.245.28$29,563
Aug 2004885,92942.375.55$36,638
Jul 2004865,76438.286.08$38,361
Jun 2004655,31736.106.43$36,551
May 20041405,27937.486.49$39,532
Apr 20041324,77634.475.86$32,530
Mar 2004714,81234.365.53$29,051
Feb 2004373,56732.455.51$20,853
Jan 2004243,89432.036.30$25,300
Dec 200312,61330.266.30$16,496
Nov 200303,30428.804.60$15,182
Oct 200303,14628.174.76$14,974
Sep 200301,94926.314.75$9,257
Aug 200301,27129.765.13$6,520
Jul 200303,66529.415.17$18,951
Jun 200305,60128.565.98$33,511
May 2003306,43326.595.97$39,220
Apr 2003305,26226.675.41$29,253
Mar 2003135,50631.146.10$33,970
Feb 200375,01833.487.93$40,006
Jan 200307,72030.315.58$43,093
Dec 200207,53826.914.85$36,588
Nov 200204,69324.664.14$19,415
Oct 200274,57026.464.23$19,512
Sep 2002387,74827.443.64$29,208
Aug 2002207,43925.963.16$24,057
Jul 2002206,10024.583.06$19,168
Jun 200215,55423.733.34$18,564
May 200204,88824.663.58$17,519
Apr 200203,90723.653.51$13,723
Mar 200203,54522.003.10$10,999
Feb 200204,75918.222.38$11,306
Jan 200204,93117.172.38$11,714
Dec 200105,53516.932.36$13,087
Nov 200105,68518.072.41$13,675
Oct 200104,95919.782.53$12,541
Sep 200105,82724.262.25$13,118
Aug 200106,90324.873.05$21,076
Jul 200107,27723.933.20$23,265
Jun 200157,81924.563.82$30,024
May 2001216,56625.524.31$28,818
Apr 2001207,16124.685.34$38,700
Mar 2001177,78924.545.38$42,294
Feb 2001286,90127.755.77$40,576
Jan 2001679,67727.478.40$83,115
Dec 20006410,39326.889.12$96,530
Nov 200028032.215.66$902
Oct 20005215,65431.235.15$82,172
Sep 20003015,81731.875.19$82,991
Aug 2000117,20829.644.54$33,056
Jul 2000107,77128.534.09$32,067
Jun 2000208,83429.304.40$39,431
May 20002411,64127.263.68$43,490
Apr 20003711,04524.513.12$35,323
Mar 2000379,71028.422.86$28,820
Feb 2000539,01927.622.73$26,054
Jan 2000389,62825.272.48$24,843
Dec 1999299,82824.282.42$24,524
Nov 19994710,46723.192.43$26,567
Oct 19992010,42420.982.80$29,645
Sep 19992811,88221.752.62$31,726
Aug 19998510,59519.262.88$32,104
Jul 199914010,04917.892.37$26,345
Jun 1999579,44015.942.36$23,207
May 19998310,41515.792.32$25,484
Apr 19998011,80915.102.21$27,283
Mar 19995910,91412.471.84$20,799
Feb 1999668,8229.981.82$16,695
Jan 19994711,24710.381.90$21,857
Dec 19988111,7389.201.77$21,560
Nov 19987211,10010.892.19$25,046
Oct 19987311,55212.421.97$23,655
Sep 19988211,09012.592.08$24,129
Aug 19987812,19011.301.91$24,132
Jul 19984912,37211.742.24$28,255
Jun 19985211,39711.242.24$26,083
May 19983713,10412.622.21$29,379
Apr 19986110,69313.042.51$27,585
Mar 19987711,19112.802.31$26,831
Feb 1998419,66713.952.30$22,798
Jan 19989211,05114.702.15$25,165
Dec 19976511,84616.322.41$29,623
Nov 19973111,89118.193.09$37,286
Oct 19976712,81219.253.15$41,645
Sep 19976413,24417.742.95$40,270
Aug 19972913,42617.862.55$34,818
Jul 199710114,06817.582.25$33,386
Jun 19977813,64317.242.26$32,140
May 199713615,37018.972.31$38,062
Apr 19978514,09417.882.08$30,875
Mar 19977713,65118.951.94$27,930
Feb 19977611,04120.492.21$25,913
Jan 19978710,54423.483.54$39,365
Dec 19967111,40023.32$1,656
Nov 19965412,96821.97$1,186
Oct 19967715,11323.31$1,795
Sep 19968413,53022.22$1,866
Aug 19965714,53120.26$1,155
Jul 19967213,38319.55$1,408
Jun 19965513,60218.73$1,030
May 19965814,99519.43$1,127
Apr 19968514,88821.51$1,828
Mar 19967114,95419.38$1,376
Feb 19969714,42916.98$1,647
Jan 19967913,17417.07$1,349
Dec 19959914,81817.19$1,702
Nov 19957414,93616.00$1,184
Oct 199510515,13115.43$1,620
Sep 19957215,73016.18$1,165
Aug 19952823,47015.92$446
Jul 19951315,82015.24$198
Jun 1995677,66116.41$1,099
May 19959315,71817.56$1,633
Apr 199517314,39017.73$3,067
Mar 19951232,79116.44$2,022
Feb 199538217,98716.58$6,334
Jan 199513117,45615.92$2,086
Dec 199429120,91915.03$4,374
Nov 199423019,81415.90$3,657
Oct 1994293,59615.58$452
Sep 1994887,93215.29$1,346
Aug 199413318,24516.13$2,145
Jul 1994018,54617.56$0
Jun 1994013,97717.09$0
May 199406,99315.88$0
Apr 19947921,70314.14$1,117
Mar 199450621,68912.46$6,305
Feb 199456019,39912.50$7,000
Jan 199440519,83512.66$5,127
Dec 199347722,79812.33$5,881
Nov 199326815,34614.49$3,883
Oct 199339,15615.85$48
Sep 1993713,97315.03$105
Aug 199376,50915.66$110
Jul 199306,70115.46$0
Jun 199305,88616.79$0
May 1993367,22317.68$636
Apr 1993235,55218.05$415
Mar 1993378,33318.14$671
Feb 1993438,49017.90$770
Jan 1993368,05616.93$609

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.

Sep 2017 — as filed, then multipliedworked
Condensate             0 bbl  × $ 47.52 =         $0
Gas                    1 Mcf  × $  3.09 =         $3

────────────────────────────────────────────────────
Month total                                       $3

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. 08/G/110889 is the state's own key, not one this site invented.