LOVING -B- FEE

Operated by WALSH & WATTS, INC. (P-5 895060) in the GRICE (DELAWARE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11537District 08Field 36924500NGPA filingOilCasinghead gasSaveExport
Value, all time
$8.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead 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 66 leases and 192 wells, and the rule below applies to all of them.

Discovered
1956-10-23
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres.

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA2none

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.

StreamBasisVolumeValue
OilDisposition122,939 bbl$6,774,911
Casinghead gasProduction417,189 Mcf$1,843,519
Total$8,618,430

61,440 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 (6)

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 31.9086, -103.6123. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.90879, -103.61243 · 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
33.3%
2 of 6 wells
With a plug date
33.3%
2 of 6 wells
Median depth
4,722 ft
4 wells filed one
Completion to plug
12.4 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
233.3%
A plug date is filed
233.3%
BothOn the schedule and plugged. Neither fact cancels the other.
233.3%
NeitherNo plug date, and not on the schedule.
466.7%

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 4,670 and 4,782 ft, median 4,722 ft, over the 4 wells that filed a depth.

Completions filed
Jul 2005 – Aug 2012
3 of 6 wells; 3 filed none
Plug dates filed
Jul 2012 – Jan 2025
2 of 6 wells; 4 filed none

Last completion to plug: a median of 12.4 years across the 1 well that filed both dates, with the middle half between 12.4 years and 12.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells

42-3010036814,670 ftJul 2012Yes
42-301003692
42-301003703
42-3010037144,705 ftAug 2012Jan 2025Yes
42-3013133464,782 ftDec 2006
42-3013120954,739 ftJul 2005

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
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 2021120077.435.24$9,292
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 2020176014.751.80$2,596
Mar 2020173030.341.86$5,249
Feb 2020344049.881.98$17,159
Jan 2020177057.252.09$10,133
Dec 2019365059.012.30$21,539
Nov 2019368055.302.75$20,350
Oct 2019181053.472.42$9,678
Sep 2019182055.052.66$10,019
Aug 2019353053.112.30$18,748
Jul 2019176056.272.46$9,904
Jun 2019350052.782.49$18,473
May 2019351058.482.74$20,526
Apr 2019173062.632.75$10,835
Mar 2019341056.803.06$19,369
Feb 2019352050.852.79$17,899
Jan 2019340046.033.23$15,650
Dec 2018355046.594.19$16,539
Nov 2018190052.934.24$10,057
Oct 2018350061.443.40$21,504
Sep 2018168059.543.11$10,003
Aug 2018171059.403.07$10,157
Jul 2018335065.142.93$21,822
Jun 201851145060.183.08$32,137
May 201816459165.382.90$12,437
Apr 201834856963.842.90$23,867
Mar 201834552561.222.79$22,584
Feb 201817042861.782.77$11,687
Jan 201835232162.874.01$23,417
Dec 201735272857.272.92$22,286
Nov 201735133555.423.12$20,497
Oct 201737750549.292.98$20,089
Sep 201718846447.523.09$10,366
Aug 201717952345.373.00$9,693
Jul 201737237843.873.09$17,487
Jun 201735963242.493.09$17,205
May 201736824645.373.26$17,499
Apr 201737645747.933.21$19,489
Mar 201737659846.772.98$19,370
Feb 201718646850.452.95$10,766
Jan 201737217549.413.42$18,979
Dec 201618263548.763.72$11,238
Nov 201618162942.492.64$9,354
Oct 201636844446.193.09$18,370
Sep 201618033341.553.10$8,512
Aug 201636775741.442.92$17,422
Jul 201636782241.622.92$17,678
Jun 201635876045.352.69$18,277
May 201636372542.521.99$16,878
Apr 201617969436.561.99$7,926
Mar 201654282333.011.79$19,368
Feb 201618933826.472.06$5,700
Jan 201654958127.352.36$16,389
Dec 201518265732.362.00$7,204
Nov 201518479538.792.17$8,860
Oct 201536166443.552.43$17,333
Sep 201518780542.992.76$10,260
Aug 201518544240.162.87$8,699
Jul 20151849348.152.95$9,133
Jun 201535490856.152.88$22,495
May 201537795155.212.96$23,625
Apr 201536893149.822.71$20,854
Mar 201537695042.892.93$18,915
Feb 201518464644.662.98$10,140
Jan 201538585343.433.10$19,365
Dec 201417863954.693.59$12,030
Nov 2014080670.464.25$3,427
Oct 201419049378.303.90$16,800
Sep 2014066886.164.05$2,702
Aug 201436283289.394.04$35,716
Jul 2014073096.564.18$3,051
Jun 201416784998.164.74$20,414
May 201417877794.734.73$20,534
Apr 20141847695.944.81$18,018
Mar 201436818695.895.06$36,228
Feb 201418855497.406.19$21,742
Jan 201437353390.404.86$36,310
Dec 20133821,12091.824.35$39,952
Nov 201335761488.853.74$34,015
Oct 20133681,15297.423.78$40,204
Sep 20133671,073104.113.72$42,198
Aug 2013359947104.253.52$40,762
Jul 20137401,329102.523.72$80,806
Jun 20135561,52594.403.93$58,485
May 20131881,14294.834.15$22,566
Apr 201336794293.964.28$38,518
Mar 20135381,60793.623.91$56,656
Feb 20133631,27191.233.42$37,463
Jan 20137541,69891.603.42$74,873
Dec 20129191,41586.773.42$84,581
Nov 20121881,20386.953.62$20,707
Oct 20121,1011,52989.383.40$103,605
Sep 20123531,99294.672.92$39,232
Aug 20125351,74792.662.91$54,654
Jul 20121,0401,96985.133.02$94,483
Jun 20123591,95079.822.52$33,568
May 20123531,12191.612.49$35,128
Apr 20121781,736101.652.00$21,560
Mar 20127201,756105.052.22$79,538
Feb 20123671,589101.102.57$41,188
Jan 20123711,51398.092.73$40,528
Dec 20115621,64896.873.24$59,780
Nov 20111861,77895.723.31$23,691
Oct 20115431,91184.983.65$53,117
Sep 20113731,21383.623.99$36,025
Aug 20117451,91483.404.15$70,075
Jul 20115441,94494.144.52$59,994
Jun 20111821,93792.904.64$25,895
May 20113682,05398.134.40$45,155
Apr 20117232,007105.964.33$85,306
Mar 20113551,97496.364.06$42,217
Feb 20111881,58985.644.18$22,742
Jan 20115601,91286.504.59$57,214
Dec 20103621,88485.734.35$39,225
Nov 20105382,10780.843.80$51,489
Oct 20105352,29678.103.51$49,840
Sep 20101792,13972.633.98$21,513
Aug 20103512,25373.684.42$35,819
Jul 20105391,44172.554.74$45,930
Jun 20103622,19370.364.91$36,239
May 20103632,16571.124.24$34,986
Apr 20105332,12481.694.12$52,297
Mar 20103692,29978.394.39$39,015
Feb 20101801,51373.585.44$21,479
Jan 20105451,51974.365.96$49,586
Dec 20093641,34371.445.48$33,369
Nov 20093592,39674.593.75$35,766
Oct 20095362,50372.544.11$49,169
Sep 20095242,42065.543.06$41,760
Aug 20095162,51667.423.22$42,886
Jul 20095322,55261.133.46$41,363
Jun 20095342,49666.163.90$45,051
May 20091802,52154.743.93$19,750
Apr 20098932,37146.773.59$50,272
Mar 20093612,44642.144.06$25,141
Feb 20097212,29432.814.63$34,284
Jan 20093662,41435.865.37$26,090
Dec 20087182,35837.105.98$40,732
Nov 20083842,49155.496.86$38,397
Oct 20087432,68975.246.92$74,517
Sep 20089181,809101.767.88$107,665
Aug 20083682,335114.228.48$61,841
Jul 20083582,591131.0811.39$76,437
Jun 20087242,750131.3313.03$130,923
May 20088972,868123.1711.57$143,679
Apr 20085552,780110.3110.45$90,287
Mar 20087092,917101.909.66$100,437
Feb 20085331,66492.538.77$63,913
Jan 20081,0892,63090.388.21$120,005
Dec 20077173,17688.337.30$86,524
Nov 20075463,36091.677.29$74,552
Oct 20078733,68882.856.92$97,856
Sep 20071,0773,67475.846.24$104,621
Aug 20078873,75669.066.39$85,249
Jul 20071,2273,84670.906.39$111,562
Jun 20071,2563,56262.007.55$104,760
May 20071,0643,75058.747.85$91,923
Apr 20071,2733,87959.617.81$106,160
Mar 20071,2614,13456.927.30$101,962
Feb 20071,4013,48255.108.22$105,803
Jan 20071,0682,94850.306.73$73,551
Dec 20067272,58356.656.92$59,055
Nov 20067262,45754.207.62$58,065
Oct 20065332,63554.906.01$45,108
Sep 20068912,69260.085.04$67,091
Aug 20068932,91368.717.34$82,739
Jul 20065282,92069.376.34$55,148
Jun 20067072,92966.286.38$65,558
May 20068833,11266.016.42$78,281
Apr 20067063,12764.397.36$68,476
Mar 20061,2883,49756.707.08$97,799
Feb 20065501,99457.597.75$47,130
Jan 20061,2402,33260.598.93$95,964
Dec 20058652,30754.9413.42$78,472
Nov 20055381,78954.6910.59$48,366
Oct 20051,5842,34458.3413.80$124,748
Sep 20057121,54061.4512.08$62,354
Aug 20057281,54161.519.80$59,876
Jul 20053561,01955.697.84$27,818
Jun 200518388452.337.38$16,101
May 200518087045.226.65$13,926
Apr 200536386749.207.36$24,241
Mar 200517992950.377.15$15,663
Feb 200518387145.226.31$13,773
Jan 200536394943.166.32$21,667
Dec 20043621,02039.866.75$21,315
Nov 2004085145.286.33$5,387
Oct 200418175849.706.52$13,934
Sep 200436176043.245.28$19,625
Aug 200418097542.375.55$13,038
Jul 200435780638.286.08$18,570
Jun 200436099836.106.43$19,416
May 200418196037.486.49$13,019
Apr 200418293734.475.86$11,763
Mar 200437593034.365.53$18,028
Feb 2004082132.455.51$4,523
Jan 200437799732.036.30$18,356
Dec 200338196430.266.30$17,604
Nov 200319081128.804.60$9,199
Oct 200319285128.174.76$9,459
Sep 200339177026.314.75$13,944
Aug 200318889129.765.13$10,165
Jul 200338093629.415.17$16,016
Jun 200319443828.565.98$8,161
May 200339391926.595.97$15,939
Apr 200318990226.675.41$9,918
Mar 20031971,05531.146.10$12,566
Feb 200339285933.487.93$19,932
Jan 20033951,02730.315.58$17,705
Dec 20021981,03126.914.85$10,332
Nov 20023921,07324.664.14$14,106
Oct 200258062226.464.23$17,977
Sep 200238733027.443.64$11,819
Aug 200218893425.963.16$7,836
Jul 200218895824.583.06$7,554
Jun 200218497623.733.34$7,624
May 200218996924.663.58$8,134
Apr 200219293823.653.51$7,835
Mar 200236798822.003.10$11,139
Feb 200219588718.222.38$5,660
Jan 20021911,08017.172.38$5,845
Dec 20013871,24316.932.36$9,491
Nov 200118992218.072.41$5,633
Oct 20011951,03919.782.53$6,485
Sep 20011801,06724.262.25$6,769
Aug 20013821,08924.873.05$12,825
Jul 20011871,11823.933.20$8,049
Jun 20013781,15924.563.82$13,716
May 20011921,03725.524.31$9,367
Apr 200139095024.685.34$14,694
Mar 20011911,14524.545.38$10,843
Feb 20011961,03627.755.77$11,414
Jan 200119199527.478.40$13,604
Dec 20003861,03226.889.12$19,790
Nov 200019524632.215.66$7,673
Oct 200019567731.235.15$9,573
Sep 200001,04631.875.19$5,425
Aug 20003841,02229.644.54$16,022
Jul 20001941,01428.534.09$9,682
Jun 2000089429.304.40$3,931
May 20003731,06227.263.68$14,076
Apr 2000391,00724.513.12$4,094
Mar 20003661,01528.422.86$13,304
Feb 200019398027.622.73$8,003
Jan 20001961,07325.272.48$7,615
Dec 19992661,08324.282.42$9,083
Nov 199919491423.192.43$6,724
Oct 19993561,07320.982.80$10,477
Sep 1999441,06521.752.62$3,746
Aug 19991751,12819.262.88$6,614
Jul 19991861,11017.892.37$5,961
Jun 19991961,07715.942.36$5,668
May 19991871,11415.792.32$5,538
Apr 199938095715.102.21$7,851
Mar 1999095912.471.84$1,763
Feb 19991508699.981.82$3,077
Jan 19993691,08010.381.90$5,882
Dec 19981891,0889.201.77$3,668
Nov 19981931,05010.892.19$4,397
Oct 199818696612.421.97$4,212
Sep 19981821,05512.592.08$4,489
Aug 19981801,06511.301.91$4,065
Jul 19983631,04011.742.24$6,588
Jun 1998094311.242.24$2,110
May 19983581,06512.622.21$6,868
Apr 19981841,16113.042.51$5,308
Mar 19983731,17712.802.31$7,493
Feb 199801,08113.952.30$2,485
Jan 19987491,22114.702.15$13,641
Dec 199701,14216.322.41$2,753
Nov 19971851,18718.193.09$7,031
Oct 19971841,30219.253.15$7,643
Sep 19973701,17617.742.95$10,039
Aug 1997087317.862.55$2,230
Jul 19973561,13317.582.25$8,804
Jun 1997064717.242.26$1,460
May 199736017418.972.31$7,231
Apr 19973561,22717.882.08$8,921
Mar 19971821,26518.951.94$5,902
Feb 19971771,17820.492.21$6,225
Jan 19977101,17923.483.54$20,844
Dec 199601,16223.32$0
Nov 199601,25121.97$0
Oct 19965031,32523.31$11,725
Sep 199601,31622.22$0
Aug 19963381,29620.26$6,848
Jul 19963381,35119.55$6,608
Jun 19963401,33718.73$6,368
May 199601,40219.43$0
Apr 19963391,31921.51$7,292
Mar 19963441,34619.38$6,667
Feb 19963241,25316.98$5,502
Jan 19963441,28717.07$5,872
Dec 199501,34217.19$0
Nov 19953391,33616.00$5,424
Oct 19953391,44615.43$5,231
Sep 19953351,25916.18$5,420
Aug 199501,43215.92$0
Jul 19953391,41715.24$5,166
Jun 19953341,33516.41$5,481
May 199501,60317.56$0
Apr 19953341,36617.73$5,922
Mar 19953391,09016.44$5,573
Feb 199534499916.58$5,704
Jan 199501,23715.92$0
Dec 19943421,34815.03$5,140
Nov 199434399115.90$5,454
Oct 199433957315.58$5,282
Sep 199433742315.29$5,153
Aug 199433846016.13$5,452
Jul 199433964317.56$5,953
Jun 199433852817.09$5,776
May 199434582515.88$5,479
Apr 19943441,04614.14$4,864
Mar 19943441,21512.46$4,286
Feb 19943441,32612.50$4,300
Jan 199401,57512.66$0
Dec 19936871,67912.33$8,471
Nov 19933451,09014.49$4,999
Oct 19933391,56215.85$5,373
Sep 19933361,66715.03$5,050
Aug 19933321,67915.66$5,199
Jul 19933371,61215.46$5,210
Jun 19933381,72916.79$5,675
May 19933322,32017.68$5,870
Apr 19933401,71818.05$6,137
Mar 19933461,64018.14$6,276
Feb 19933441,11217.90$6,158
Jan 19933461,17216.93$5,858

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.

Nov 2021 — as filed, then multipliedworked
Oil                  120 bbl  × $ 77.43 =     $9,292
Casinghead gas         0 Mcf  × $  5.24 =         $0

────────────────────────────────────────────────────
Month total                                   $9,292

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/O/11537 is the state's own key, not one this site invented.