LOVETT, J. C.

Operated by N & B OIL AND GAS LLC (P-5 598288) in the KERMIT field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 124210District 08Field 49038001Hydrogen sulphide fieldGasSaveExport
Value, all time
$125 k
Jan 1993 – May 2026
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
1
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 177 leases and 1,256 wells, and the rule below applies to all of them.

Discovered
1928-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 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 1937-02-20.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

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
GasProduction48,023 Mcf$125,082
Total$125,082

16,763 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 31.8455, -103.1183. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.84554, -103.11825 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
3,250 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
00.0%
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.
1100.0%

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 3,250 ft.

Completions filed
Mar 1987
1 of 1 wells

1 well

42-495001626W3,250 ftMar 1987

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 (401)

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

401 months

May 202637106.413.05$113
Apr 2026098.932.87$0
Mar 2026189.753.15$3
Feb 202612263.503.75$458
Jan 20268159.138.00$648
Dec 202513756.664.41$605
Nov 20258658.593.93$338
Oct 202512359.383.30$407
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 202511666.743.32$385
Jun 202514366.483.13$447
May 202516660.553.23$537
Apr 20251262.363.54$43
Mar 20252767.704.27$115
Feb 20251970.884.34$82
Jan 20259774.324.28$415
Dec 202414268.993.12$443
Nov 202412569.052.20$275
Oct 202415071.372.28$342
Sep 202416969.612.36$400
Aug 202412475.632.06$256
Jul 20248579.932.15$182
Jun 202415478.082.63$406
May 20241178.812.20$24
Apr 20241184.451.66$18
Mar 20246080.301.55$93
Feb 20242276.091.78$39
Jan 20249273.023.30$303
Dec 202317571.262.61$457
Nov 20235377.892.81$149
Oct 20235685.443.09$173
Sep 202315089.042.74$410
Aug 202312480.522.67$331
Jul 202327474.852.64$724
Jun 202328468.962.26$641
May 202316970.622.23$376
Apr 202317678.122.24$394
Mar 202317672.852.39$421
Feb 202316175.112.47$397
Jan 202315876.533.39$535
Dec 202216476.415.73$940
Nov 202212985.005.65$728
Oct 202210587.185.86$616
Sep 202217384.888.16$1,412
Aug 202215094.529.13$1,369
Jul 2022150101.587.54$1,131
Jun 202241115.097.98$327
May 2022119109.378.43$1,004
Apr 2022153104.226.84$1,046
Mar 2022221108.885.08$1,122
Feb 202213191.054.86$637
Jan 202214681.844.54$663
Dec 202114571.323.90$565
Nov 202112677.435.24$660
Oct 202112779.795.71$726
Sep 202111469.865.35$610
Aug 202112866.024.22$540
Jul 202112870.783.98$510
Jun 202113369.493.38$450
May 202114263.483.02$429
Apr 202115960.362.76$439
Mar 202123261.302.72$630
Feb 202111357.805.55$627
Jan 202121850.412.81$613
Dec 202017144.642.68$458
Nov 202017738.772.71$479
Oct 202013436.972.48$332
Sep 202015437.091.99$307
Aug 202012839.982.39$305
Jul 202017838.371.83$325
Jun 202017034.901.69$287
May 202018016.921.81$327
Apr 202016614.751.80$300
Mar 20207630.341.86$141
Feb 20208049.881.98$158
Jan 20207057.252.09$147
Dec 20197059.012.30$161
Nov 20196455.302.75$176
Oct 20196253.472.42$150
Sep 20195655.052.66$149
Aug 20194853.112.30$111
Jul 20196256.272.46$153
Jun 20193652.782.49$90
May 20193058.482.74$82
Apr 20194062.632.75$110
Mar 20194556.803.06$138
Feb 20195750.852.79$159
Jan 20195046.033.23$161
Dec 20184046.594.19$167
Nov 20187052.934.24$297
Oct 20184061.443.40$136
Sep 20185659.543.11$174
Aug 20186159.403.07$187
Jul 20186165.142.93$179
Jun 20186060.183.08$185
May 20186665.382.90$191
Apr 20185863.842.90$168
Mar 20185661.222.79$156
Feb 20187061.782.77$194
Jan 20186062.874.01$241
Dec 20176657.272.92$193
Nov 20175955.423.12$184
Oct 20174449.292.98$131
Sep 20176847.523.09$210
Aug 20172845.373.00$84
Jul 2017243.873.09$6
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 20163642.521.99$72
Apr 201614536.561.99$289
Mar 201617533.011.79$314
Feb 20163226.472.06$66
Jan 20164527.352.36$106
Dec 20155132.362.00$102
Nov 20157238.792.17$156
Oct 20154243.552.43$102
Sep 20153742.992.76$102
Aug 20153840.162.87$109
Jul 20153748.152.95$109
Jun 20155056.152.88$144
May 20155555.212.96$163
Apr 20155449.822.71$146
Mar 20154842.892.93$141
Feb 20154144.662.98$122
Jan 20155043.433.10$155
Dec 20146154.693.59$219
Nov 20145870.464.25$247
Oct 20147178.303.90$277
Sep 20144886.164.05$194
Aug 20146989.394.04$278
Jul 20147596.564.18$313
Jun 20147298.164.74$341
May 20147094.734.73$331
Apr 20146795.944.81$322
Mar 20146895.895.06$344
Feb 20145797.406.19$353
Jan 20145690.404.86$272
Dec 20137091.824.35$305
Nov 20136588.853.74$243
Oct 20136397.423.78$238
Sep 201368104.113.72$253
Aug 201370104.253.52$247
Jul 201346102.523.72$171
Jun 20137794.403.93$303
May 20137794.834.15$319
Apr 20137793.964.28$330
Mar 20137793.623.91$301
Feb 20136991.233.42$236
Jan 20136591.603.42$222
Dec 20125986.773.42$202
Nov 20125986.953.62$214
Oct 20126589.383.40$221
Sep 20127494.672.92$216
Aug 20124892.662.91$140
Jul 20127085.133.02$211
Jun 20127179.822.52$179
May 20127391.612.49$182
Apr 201273101.652.00$146
Mar 201271105.052.22$158
Feb 201268101.102.57$175
Jan 20127298.092.73$197
Dec 20116296.873.24$201
Nov 20116695.723.31$219
Oct 20117684.983.65$277
Sep 20117183.623.99$283
Aug 20118283.404.15$340
Jul 20113794.144.52$167
Jun 20113692.904.64$167
May 20113698.134.40$159
Apr 201136105.964.33$156
Mar 20113696.364.06$146
Feb 20112985.644.18$121
Jan 20111786.504.59$78
Dec 2010085.734.35$0
Nov 20102980.843.80$110
Oct 20101578.103.51$53
Sep 20103272.633.98$127
Aug 20106173.684.42$270
Jul 20105872.554.74$275
Jun 20106170.364.91$300
May 20105471.124.24$229
Apr 20105881.694.12$239
Mar 20103578.394.39$154
Feb 20104173.585.44$223
Jan 20104374.365.96$256
Dec 20093271.445.48$175
Nov 20094274.593.75$158
Oct 20094172.544.11$169
Sep 20094165.543.06$126
Aug 2009767.423.22$23
Jul 20092261.133.46$76
Jun 20094766.163.90$183
May 20095154.743.93$200
Apr 20094146.773.59$147
Mar 20094942.144.06$199
Feb 20094532.814.63$208
Jan 20095035.865.37$269
Dec 20083837.105.98$227
Nov 20084555.496.86$309
Oct 20084775.246.92$325
Sep 200826101.767.88$205
Aug 200845114.228.48$382
Jul 200844131.0811.39$501
Jun 200843131.3313.03$560
May 200843123.1711.57$498
Apr 200841110.3110.45$429
Mar 200842101.909.66$406
Feb 20084092.538.77$351
Jan 20084690.388.21$377
Dec 20074188.337.30$299
Nov 20074591.677.29$328
Oct 20074682.856.92$318
Sep 20074475.846.24$275
Aug 20073369.066.39$211
Jul 20074170.906.39$262
Jun 20074162.007.55$309
May 20074758.747.85$369
Apr 20074659.617.81$359
Mar 20075256.927.30$380
Feb 20074755.108.22$386
Jan 20076250.306.73$417
Dec 20065356.656.92$367
Nov 20065254.207.62$396
Oct 2006454.906.01$24
Sep 20064660.085.04$232
Aug 20066568.717.34$477
Jul 20066569.376.34$412
Jun 20065966.286.38$377
May 20066166.016.42$392
Apr 20064664.397.36$339
Mar 20064556.707.08$319
Feb 20066757.597.75$519
Jan 20067760.598.93$688
Dec 20056854.9413.42$912
Nov 20057454.6910.59$784
Oct 20058958.3413.80$1,228
Sep 2005061.4512.08$0
Aug 2005061.519.80$0
Jul 2005055.697.84$0
Jun 20053252.337.38$236
May 20057045.226.65$466
Apr 20056449.207.36$471
Mar 20057650.377.15$544
Feb 20057645.226.31$480
Jan 20059443.166.32$594
Dec 20048439.866.75$567
Nov 200411345.286.33$715
Oct 200411949.706.52$775
Sep 200411543.245.28$608
Aug 200413142.375.55$727
Jul 200413938.286.08$846
Jun 20046136.106.43$392
May 200415337.486.49$994
Apr 200414134.475.86$826
Mar 200414234.365.53$785
Feb 200413532.455.51$744
Jan 200413332.036.30$838
Dec 200310730.266.30$674
Nov 200311228.804.60$515
Oct 200314628.174.76$695
Sep 200316226.314.75$769
Aug 200315529.765.13$795
Jul 200316429.415.17$848
Jun 200315228.565.98$909
May 200316326.595.97$974
Apr 200315726.675.41$849
Mar 200315631.146.10$951
Feb 200314333.487.93$1,133
Jan 200316230.315.58$904
Dec 200215126.914.85$733
Nov 200215324.664.14$633
Oct 200216726.464.23$706
Sep 200216727.443.64$607
Aug 200219425.963.16$614
Jul 200218524.583.06$566
Jun 200224623.733.34$821
May 200226624.663.58$953
Apr 20026023.653.51$211
Mar 20028122.003.10$251
Feb 200212318.222.38$292
Jan 200213317.172.38$316
Dec 200114016.932.36$331
Nov 200110818.072.41$260
Oct 20019619.782.53$243
Sep 20019024.262.25$203
Aug 200111524.873.05$351
Jul 200110523.933.20$336
Jun 20019724.563.82$371
May 200112925.524.31$556
Apr 200113624.685.34$726
Mar 200113724.545.38$737
Feb 200111227.755.77$646
Jan 200114227.478.40$1,193
Dec 200014126.889.12$1,286
Nov 200014932.215.66$843
Oct 200018631.235.15$957
Sep 20009231.875.19$477
Aug 200010729.644.54$486
Jul 200014028.534.09$573
Jun 20007429.304.40$325
May 200014127.263.68$519
Apr 200014924.513.12$464
Mar 200015428.422.86$440
Feb 200014527.622.73$395
Jan 200015725.272.48$389
Dec 199910924.282.42$264
Nov 199912023.192.43$292
Oct 199913820.982.80$387
Sep 19999321.752.62$244
Aug 19996219.262.88$178
Jul 19997517.892.37$178
Jun 199912015.942.36$283
May 199913915.792.32$323
Apr 199915015.102.21$331
Mar 199912412.471.84$228
Feb 1999989.981.82$178
Jan 199912410.381.90$236
Dec 19981409.201.77$248
Nov 19989910.892.19$216
Oct 199810912.421.97$215
Sep 19987512.592.08$156
Aug 199812411.301.91$237
Jul 199810811.742.24$242
Jun 19986011.242.24$134
May 199815512.622.21$342
Apr 19984913.042.51$123
Mar 19981012.802.31$23
Feb 199814013.952.30$322
Jan 199818614.702.15$401
Dec 199718616.322.41$448
Nov 199718018.193.09$556
Oct 199718019.253.15$567
Sep 199718017.742.95$532
Aug 199718617.862.55$475
Jul 199712417.582.25$279
Jun 199712017.242.26$271
May 199721718.972.31$501
Apr 199721017.882.08$437
Mar 199715518.951.94$301
Feb 199719620.492.21$432
Jan 199724823.483.54$878
Dec 199627923.32$0
Nov 199624021.97$0
Oct 199624823.31$0
Sep 199624022.22$0
Aug 199624820.26$0
Jul 199624819.55$0
Jun 199621018.73$0
May 199627919.43$0
Apr 199621021.51$0
Mar 199627919.38$0
Feb 199629016.98$0
Jan 199631017.07$0
Dec 199527917.19$0
Nov 199527016.00$0
Oct 199531015.43$0
Sep 199530016.18$0
Aug 199531015.92$0
Jul 199531015.24$0
Jun 199530016.41$0
May 199531017.56$0
Apr 199530017.73$0
Mar 199531016.44$0
Feb 199525216.58$0
Jan 199527915.92$0
Dec 199431015.03$0
Nov 199430015.90$0
Oct 199431015.58$0
Sep 199437515.29$0
Aug 199438816.13$0
Jul 199431017.56$0
Jun 199437517.09$0
May 199438815.88$0
Apr 199437514.14$0
Mar 199438812.46$0
Feb 199436412.50$0
Jan 199446512.66$0
Dec 199345012.33$0
Nov 199348014.49$0
Oct 199342215.85$0
Sep 199343515.03$0
Aug 199357115.66$0
Jul 199347215.46$0
Jun 199345616.79$0
May 199350117.68$0
Apr 199350018.05$0
Mar 199352118.14$0
Feb 199347317.90$0
Jan 199352316.93$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.

May 2026 — as filed, then multipliedworked
Gas                   37 Mcf  × $  3.05 =       $113

────────────────────────────────────────────────────
Month total                                     $113

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/124210 is the state's own key, not one this site invented.