LOVING -M- FEE

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

Operated by SYNERGY OIL & GAS, INC. (A) (P-5 833590) in the TUNSTILL, EAST (DELAWARE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14994District 08Field 91818500NGPA filingOilCasinghead gasSave Export

Value, all time

$304 k

Jan 1993 – Apr 2001

Value, last 12 filed months

$76 k

at the published price for each month

Months reported

100

no gaps in the span

Streams

oil, casinghead gas

The TUNSTILL, EAST (DELAWARE) 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 26 leases and 100 wells, and the rule below applies to all of them.

Discovered

1959-08-23

as the register files it

Field class

Oil and 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 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.

Programme	Filings	With an approval date	Dated	Docket
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
Oil	Disposition	14,806 bbl	$282,570
Casinghead gas	Production	15,418 Mcf	$21,554
Total			$304,124

8,039 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 31.8317, -103.7910. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

31.83254, -103.79192 · 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%

6 of 6 wells

With a plug date

66.7%

4 of 6 wells

Median depth

3,645 ft

5 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

6100.0%

A plug date is filed

466.7%

BothOn the schedule and plugged. Neither fact cancels the other.

466.7%

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

Between 3,600 and 3,706 ft, median 3,645 ft, over the 5 wells that filed a depth.

Completions filed

Sep 1965

1 of 6 wells; 5 filed none

Plug dates filed

Oct 1983 – Jul 2021

4 of 6 wells; 2 filed none

6 wells


42-30100414	1	3,678 ft	—	Jul 2021	Yes
42-30100415	2	3,706 ft	—	Jun 2002	Yes
42-30110184	4	—	—	—	Yes
42-30110185	5	3,645 ft	—	Aug 2008	Yes
42-30110205	6	3,600 ft	—	Oct 1983	Yes
42-30110186	7	3,600 ft	Sep 1965	—	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 (100)

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

100 months


Apr 2001	0	0	24.68	5.34	$0
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	395	134	27.47	8.40	$11,976
Dec 2000	313	172	26.88	9.12	$9,983
Nov 2000	241	165	32.21	5.66	$8,696
Oct 2000	238	44	31.23	5.15	$7,659
Sep 2000	239	0	31.87	5.19	$7,617
Aug 2000	320	0	29.64	4.54	$9,485
Jul 2000	236	143	28.53	4.09	$7,318
Jun 2000	160	219	29.30	4.40	$5,651
May 2000	264	234	27.26	3.68	$8,058
Apr 2000	207	249	24.51	3.12	$5,849
Mar 2000	137	178	28.42	2.86	$4,403
Feb 2000	199	168	27.62	2.73	$5,954
Jan 2000	136	195	25.27	2.48	$3,920
Dec 1999	133	239	24.28	2.42	$3,809
Nov 1999	187	203	23.19	2.43	$4,831
Oct 1999	64	239	20.98	2.80	$2,013
Sep 1999	192	219	21.75	2.62	$4,750
Aug 1999	64	265	19.26	2.88	$1,995
Jul 1999	128	77	17.89	2.37	$2,473
Jun 1999	123	251	15.94	2.36	$2,554
May 1999	127	143	15.79	2.32	$2,337
Apr 1999	129	182	15.10	2.21	$2,350
Mar 1999	129	197	12.47	1.84	$1,971
Feb 1999	126	127	9.98	1.82	$1,488
Jan 1999	128	209	10.38	1.90	$1,726
Dec 1998	190	255	9.20	1.77	$2,200
Nov 1998	129	171	10.89	2.19	$1,779
Oct 1998	253	240	12.42	1.97	$3,615
Sep 1998	129	143	12.59	2.08	$1,922
Aug 1998	0	38	11.30	1.91	$72
Jul 1998	0	24	11.74	2.24	$54
Jun 1998	0	24	11.24	2.24	$54
May 1998	0	40	12.62	2.21	$88
Apr 1998	64	66	13.04	2.51	$1,000
Mar 1998	189	76	12.80	2.31	$2,595
Feb 1998	64	114	13.95	2.30	$1,155
Jan 1998	195	59	14.70	2.15	$2,994
Dec 1997	66	156	16.32	2.41	$1,453
Nov 1997	133	169	18.19	3.09	$2,941
Oct 1997	196	145	19.25	3.15	$4,230
Sep 1997	201	253	17.74	2.95	$4,313
Aug 1997	236	219	17.86	2.55	$4,774
Jul 1997	54	189	17.58	2.25	$1,374
Jun 1997	114	183	17.24	2.26	$2,378
May 1997	61	102	18.97	2.31	$1,393
Apr 1997	119	96	17.88	2.08	$2,328
Mar 1997	59	115	18.95	1.94	$1,341
Feb 1997	112	114	20.49	2.21	$2,546
Jan 1997	122	136	23.48	3.54	$3,346
Dec 1996	115	131	23.32	—	$2,682
Nov 1996	121	77	21.97	—	$2,658
Oct 1996	128	107	23.31	—	$2,984
Sep 1996	121	139	22.22	—	$2,689
Aug 1996	113	109	20.26	—	$2,289
Jul 1996	120	85	19.55	—	$2,346
Jun 1996	120	105	18.73	—	$2,248
May 1996	241	199	19.43	—	$4,683
Apr 1996	58	153	21.51	—	$1,248
Mar 1996	244	55	19.38	—	$4,729
Feb 1996	121	77	16.98	—	$2,055
Jan 1996	125	90	17.07	—	$2,134
Dec 1995	62	82	17.19	—	$1,066
Nov 1995	122	131	16.00	—	$1,952
Oct 1995	121	103	15.43	—	$1,867
Sep 1995	63	102	16.18	—	$1,019
Aug 1995	123	135	15.92	—	$1,958
Jul 1995	180	119	15.24	—	$2,743
Jun 1995	120	112	16.41	—	$1,969
May 1995	179	107	17.56	—	$3,143
Apr 1995	115	174	17.73	—	$2,039
Mar 1995	119	207	16.44	—	$1,956
Feb 1995	180	230	16.58	—	$2,984
Jan 1995	120	173	15.92	—	$1,910
Dec 1994	120	212	15.03	—	$1,804
Nov 1994	180	154	15.90	—	$2,862
Oct 1994	120	193	15.58	—	$1,870
Sep 1994	118	260	15.29	—	$1,804
Aug 1994	177	282	16.13	—	$2,855
Jul 1994	178	274	17.56	—	$3,126
Jun 1994	119	232	17.09	—	$2,034
May 1994	119	219	15.88	—	$1,890
Apr 1994	178	240	14.14	—	$2,517
Mar 1994	182	233	12.46	—	$2,268
Feb 1994	180	232	12.50	—	$2,250
Jan 1994	239	244	12.66	—	$3,026
Dec 1993	182	239	12.33	—	$2,244
Nov 1993	299	246	14.49	—	$4,333
Oct 1993	180	266	15.85	—	$2,853
Sep 1993	181	286	15.03	—	$2,720
Aug 1993	299	335	15.66	—	$4,682
Jul 1993	180	317	15.46	—	$2,783
Jun 1993	224	231	16.79	—	$3,761
May 1993	223	105	17.68	—	$3,943
Apr 1993	181	104	18.05	—	$3,267
Mar 1993	150	131	18.14	—	$2,721
Feb 1993	180	1	17.90	—	$3,222
Jan 1993	185	1	16.93	—	$3,132

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.

Jan 2001 — as filed, then multipliedworked

Oil                  395 bbl  × $ 27.47 =    $10,851
Casinghead gas       134 Mcf  × $  8.40 =     $1,125

────────────────────────────────────────────────────
Month total                                  $11,976

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/14994 is the state's own key, not one this site invented.