LOVETT, H. E.

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

Operated by DEVON ENERGY PRODUCTION CO, L.P. (P-5 216378) in the KEYSTONE (CLEAR FORK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 16786District 08Field 49129066Hydrogen sulphide fieldNGPA filingOilCasinghead gasSave Export

Value, all time

$3.8 M

Jan 1993 – Jan 2016

Value, last 12 filed months

at the published price for each month

Months reported

277

no gaps in the span

Streams

oil, casinghead gas

The KEYSTONE (CLEAR FORK) 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 22 leases and 136 wells, and the rule below applies to all of them.

Discovered

1958-07-31

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,100 ft

minimum

From a lease line

550 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2009-11-24.

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.

The Commission's schedule remark for this field reads: “(CONSOLIDATED) FIELD, EFFECTIVE 8/25/2015.”

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	57,709 bbl	$2,048,739
Casinghead gas	Production	614,242 Mcf	$1,785,289
Total			$3,834,028

209,680 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 (4)

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 31.8949, -103.0963. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.89507, -103.09692 · 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%

4 of 4 wells

With a plug date

25.0%

1 of 4 wells

Median depth

5,450 ft

3 wells filed one

Completion to plug

43.7 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

4100.0%

A plug date is filed

125.0%

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

125.0%

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

Between 5,443 and 5,608 ft, median 5,450 ft, over the 3 wells that filed a depth.

Completions filed

Oct 1978 – Nov 2009

3 of 4 wells; 1 filed none

Plug dates filed

Aug 2023

1 of 4 wells; 3 filed none

Last completion to plug: a median of 43.7 years across the 1 well that filed both dates, with the middle half between 43.7 years and 43.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells


42-49505168	4 C	—	—	—	Yes
42-49532798	10	5,608 ft	Nov 2009	—	Yes
42-49531081	9CL	5,450 ft	Dec 1979	Aug 2023	Yes
42-49510980	6 C	5,443 ft	Oct 1978	—	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 (277)

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

277 months


Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	59	0	94.73	4.73	$5,589
Apr 2014	72	489	95.94	4.81	$9,259
Mar 2014	76	650	95.89	5.06	$10,575
Feb 2014	106	626	97.40	6.19	$14,201
Jan 2014	81	605	90.40	4.86	$10,263
Dec 2013	114	539	91.82	4.35	$12,815
Nov 2013	51	1,552	88.85	3.74	$10,333
Oct 2013	67	1,211	97.42	3.78	$11,104
Sep 2013	85	1,568	104.11	3.72	$14,679
Aug 2013	71	1,629	104.25	3.52	$13,140
Jul 2013	72	1,639	102.52	3.72	$13,475
Jun 2013	65	1,576	94.40	3.93	$12,335
May 2013	90	1,604	94.83	4.15	$15,190
Apr 2013	73	1,437	93.96	4.28	$13,013
Mar 2013	44	1,536	93.62	3.91	$10,129
Feb 2013	90	1,546	91.23	3.42	$13,498
Jan 2013	105	1,225	91.60	3.42	$13,807
Dec 2012	65	1,792	86.77	3.42	$11,769
Nov 2012	111	1,744	86.95	3.62	$15,973
Oct 2012	76	1,410	89.38	3.40	$11,586
Sep 2012	34	1,389	94.67	2.92	$7,272
Aug 2012	74	1,598	92.66	2.91	$11,504
Jul 2012	80	1,805	85.13	3.02	$12,263
Jun 2012	80	1,546	79.82	2.52	$10,280
May 2012	42	1,660	91.61	2.49	$7,978
Apr 2012	127	1,900	101.65	2.00	$16,703
Mar 2012	87	1,888	105.05	2.22	$13,335
Feb 2012	106	1,797	101.10	2.57	$15,335
Jan 2012	43	1,597	98.09	2.73	$8,584
Dec 2011	137	1,752	96.87	3.24	$18,947
Nov 2011	24	1,474	95.72	3.31	$7,178
Oct 2011	92	728	84.98	3.65	$10,474
Sep 2011	61	1,377	83.62	3.99	$10,589
Aug 2011	103	1,343	83.40	4.15	$14,163
Jul 2011	90	1,122	94.14	4.52	$13,541
Jun 2011	24	1,305	92.90	4.64	$8,285
May 2011	75	1,175	98.13	4.40	$12,535
Apr 2011	86	1,004	105.96	4.33	$13,463
Mar 2011	157	1,591	96.36	4.06	$21,584
Feb 2011	61	1,177	85.64	4.18	$10,144
Jan 2011	178	1,738	86.50	4.59	$23,372
Dec 2010	149	1,785	85.73	4.35	$20,535
Nov 2010	75	1,803	80.84	3.80	$12,906
Oct 2010	103	1,708	78.10	3.51	$14,037
Sep 2010	132	1,663	72.63	3.98	$16,205
Aug 2010	103	2,720	73.68	4.42	$19,610
Jul 2010	103	2,877	72.55	4.74	$21,100
Jun 2010	138	2,894	70.36	4.91	$23,920
May 2010	131	3,242	71.12	4.24	$23,047
Apr 2010	204	2,743	81.69	4.12	$27,973
Mar 2010	225	3,113	78.39	4.39	$31,300
Feb 2010	159	2,243	73.58	5.44	$23,906
Jan 2010	123	2,265	74.36	5.96	$22,655
Dec 2009	260	2,530	71.44	5.48	$32,448
Nov 2009	40	1,931	74.59	3.75	$10,228
Oct 2009	3	103	72.54	4.11	$641
Sep 2009	75	0	65.54	3.06	$4,916
Aug 2009	79	887	67.42	3.22	$8,181
Jul 2009	67	729	61.13	3.46	$6,621
Jun 2009	124	1,046	66.16	3.90	$12,278
May 2009	180	1,329	54.74	3.93	$15,071
Apr 2009	120	1,488	46.77	3.59	$10,951
Mar 2009	180	1,174	42.14	4.06	$12,350
Feb 2009	165	1,304	32.81	4.63	$11,455
Jan 2009	129	1,455	35.86	5.37	$12,441
Dec 2008	96	1,321	37.10	5.98	$11,457
Nov 2008	148	1,311	55.49	6.86	$17,206
Oct 2008	77	1,544	75.24	6.92	$16,481
Sep 2008	71	775	101.76	7.88	$13,330
Aug 2008	170	1,667	114.22	8.48	$33,559
Jul 2008	145	1,314	131.08	11.39	$33,972
Jun 2008	181	1,453	131.33	13.03	$42,707
May 2008	224	1,223	123.17	11.57	$41,745
Apr 2008	254	1,422	110.31	10.45	$42,886
Mar 2008	271	1,586	101.90	9.66	$42,942
Feb 2008	201	1,492	92.53	8.77	$31,684
Jan 2008	322	1,673	90.38	8.21	$42,831
Dec 2007	180	1,517	88.33	7.30	$26,976
Nov 2007	136	1,238	91.67	7.29	$21,494
Oct 2007	200	1,785	82.85	6.92	$28,926
Sep 2007	157	1,576	75.84	6.24	$21,748
Aug 2007	180	1,383	69.06	6.39	$21,265
Jul 2007	189	1,622	70.90	6.39	$23,761
Jun 2007	279	1,465	62.00	7.55	$28,356
May 2007	267	1,659	58.74	7.85	$28,701
Apr 2007	212	1,392	59.61	7.81	$23,502
Mar 2007	206	1,396	56.92	7.30	$21,919
Feb 2007	240	1,216	55.10	8.22	$23,215
Jan 2007	298	955	50.30	6.73	$21,414
Dec 2006	224	1,230	56.65	6.92	$21,199
Nov 2006	243	1,271	54.20	7.62	$22,852
Oct 2006	238	1,417	54.90	6.01	$21,588
Sep 2006	178	1,437	60.08	5.04	$17,933
Aug 2006	252	1,465	68.71	7.34	$28,068
Jul 2006	276	1,662	69.37	6.34	$29,688
Jun 2006	229	1,617	66.28	6.38	$25,501
May 2006	226	1,420	66.01	6.42	$24,042
Apr 2006	162	1,179	64.39	7.36	$19,109
Mar 2006	229	1,213	56.70	7.08	$21,576
Feb 2006	254	1,143	57.59	7.75	$23,487
Jan 2006	169	1,159	60.59	8.93	$20,593
Dec 2005	203	1,076	54.94	13.42	$25,588
Nov 2005	182	1,078	54.69	10.59	$21,368
Oct 2005	187	1,212	58.34	13.80	$27,630
Sep 2005	147	1,326	61.45	12.08	$25,050
Aug 2005	183	1,390	61.51	9.80	$24,874
Jul 2005	153	1,735	55.69	7.84	$22,129
Jun 2005	85	1,742	52.33	7.38	$17,306
May 2005	30	1,810	45.22	6.65	$13,395
Apr 2005	73	1,876	49.20	7.36	$17,400
Mar 2005	135	2,443	50.37	7.15	$24,279
Feb 2005	53	1,739	45.22	6.31	$13,373
Jan 2005	107	1,817	43.16	6.32	$16,106
Dec 2004	215	1,330	39.86	6.75	$17,549
Nov 2004	228	1,230	45.28	6.33	$18,110
Oct 2004	194	1,367	49.70	6.52	$18,548
Sep 2004	241	1,862	43.24	5.28	$20,259
Aug 2004	285	2,343	42.37	5.55	$25,081
Jul 2004	223	2,031	38.28	6.08	$20,893
Jun 2004	171	1,821	36.10	6.43	$17,888
May 2004	136	1,840	37.48	6.49	$17,047
Apr 2004	120	2,676	34.47	5.86	$19,814
Mar 2004	124	2,356	34.36	5.53	$17,290
Feb 2004	121	2,007	32.45	5.51	$14,984
Jan 2004	137	0	32.03	6.30	$4,388
Dec 2003	86	1,805	30.26	6.30	$13,977
Nov 2003	129	1,924	28.80	4.60	$12,556
Oct 2003	139	1,975	28.17	4.76	$13,316
Sep 2003	131	1,950	26.31	4.75	$12,708
Aug 2003	121	1,929	29.76	5.13	$13,496
Jul 2003	111	1,946	29.41	5.17	$13,327
Jun 2003	113	1,998	28.56	5.98	$15,181
May 2003	157	1,995	26.59	5.97	$16,090
Apr 2003	153	1,862	26.67	5.41	$14,149
Mar 2003	149	1,881	31.14	6.10	$16,107
Feb 2003	82	1,927	33.48	7.93	$18,019
Jan 2003	64	1,492	30.31	5.58	$10,268
Dec 2002	68	1,515	26.91	4.85	$9,183
Nov 2002	117	1,432	24.66	4.14	$8,809
Oct 2002	160	1,547	26.46	4.23	$10,776
Sep 2002	109	1,588	27.44	3.64	$8,764
Aug 2002	136	1,782	25.96	3.16	$9,169
Jul 2002	71	1,706	24.58	3.06	$6,969
Jun 2002	82	1,602	23.73	3.34	$7,294
May 2002	258	1,920	24.66	3.58	$13,244
Apr 2002	263	2,386	23.65	3.51	$14,600
Mar 2002	312	2,647	22.00	3.10	$15,077
Feb 2002	244	2,204	18.22	2.38	$9,682
Jan 2002	192	2,590	17.17	2.38	$9,450
Dec 2001	242	2,503	16.93	2.36	$10,015
Nov 2001	619	2,994	18.07	2.41	$18,387
Oct 2001	796	2,927	19.78	2.53	$23,147
Sep 2001	529	3,570	24.26	2.25	$20,871
Aug 2001	505	3,657	24.87	3.05	$23,725
Jul 2001	814	2,854	23.93	3.20	$28,603
Jun 2001	599	2,946	24.56	3.82	$25,977
May 2001	461	2,326	25.52	4.31	$21,784
Apr 2001	527	3,151	24.68	5.34	$29,818
Mar 2001	442	3,218	24.54	5.38	$28,148
Feb 2001	440	2,915	27.75	5.77	$29,021
Jan 2001	605	1,999	27.47	8.40	$33,408
Dec 2000	635	2,367	26.88	9.12	$38,662
Nov 2000	590	2,364	32.21	5.66	$32,379
Oct 2000	531	2,401	31.23	5.15	$28,937
Sep 2000	541	2,029	31.87	5.19	$27,765
Aug 2000	628	2,390	29.64	4.54	$29,466
Jul 2000	497	2,574	28.53	4.09	$24,706
Jun 2000	402	2,197	29.30	4.40	$21,439
May 2000	338	3,079	27.26	3.68	$20,544
Apr 2000	375	2,985	24.51	3.12	$18,493
Mar 2000	263	2,471	28.42	2.86	$14,541
Feb 2000	397	2,341	27.62	2.73	$17,348
Jan 2000	328	2,756	25.27	2.48	$15,125
Dec 1999	186	2,766	24.28	2.42	$11,220
Nov 1999	332	2,516	23.19	2.43	$13,823
Oct 1999	228	3,558	20.98	2.80	$14,759
Sep 1999	283	3,589	21.75	2.62	$15,554
Aug 1999	148	2,668	19.26	2.88	$10,523
Jul 1999	213	2,299	17.89	2.37	$9,265
Jun 1999	245	1,730	15.94	2.36	$7,992
May 1999	233	1,719	15.79	2.32	$7,669
Apr 1999	239	1,726	15.10	2.21	$7,420
Mar 1999	295	1,897	12.47	1.84	$7,166
Feb 1999	294	1,577	9.98	1.82	$5,801
Jan 1999	236	1	10.38	1.90	$2,452
Dec 1998	343	2,118	9.20	1.77	$6,911
Nov 1998	254	1,608	10.89	2.19	$6,281
Oct 1998	340	2,867	12.42	1.97	$9,869
Sep 1998	386	2,517	12.59	2.08	$10,102
Aug 1998	354	4,010	11.30	1.91	$11,649
Jul 1998	214	3,988	11.74	2.24	$11,435
Jun 1998	266	3,738	11.24	2.24	$11,353
May 1998	321	5,516	12.62	2.21	$16,221
Apr 1998	179	3,596	13.04	2.51	$11,343
Mar 1998	352	3,891	12.80	2.31	$13,492
Feb 1998	246	3,859	13.95	2.30	$12,304
Jan 1998	532	5,132	14.70	2.15	$18,879
Dec 1997	212	2,347	16.32	2.41	$9,119
Nov 1997	215	2,536	18.19	3.09	$11,743
Oct 1997	329	2,471	19.25	3.15	$14,116
Sep 1997	302	2,996	17.74	2.95	$14,210
Aug 1997	395	3,509	17.86	2.55	$16,019
Jul 1997	190	4,669	17.58	2.25	$13,831
Jun 1997	330	1,313	17.24	2.26	$8,653
May 1997	250	3,575	18.97	2.31	$12,995
Apr 1997	417	3,786	17.88	2.08	$15,341
Mar 1997	393	3,841	18.95	1.94	$14,896
Feb 1997	330	3,139	20.49	2.21	$13,686
Jan 1997	321	2,196	23.48	3.54	$15,310
Dec 1996	317	4,092	23.32	—	$7,392
Nov 1996	298	3,796	21.97	—	$6,547
Oct 1996	284	4,499	23.31	—	$6,620
Sep 1996	191	3,867	22.22	—	$4,244
Aug 1996	400	5,446	20.26	—	$8,104
Jul 1996	197	5,413	19.55	—	$3,851
Jun 1996	293	3,624	18.73	—	$5,488
May 1996	394	5,374	19.43	—	$7,655
Apr 1996	354	4,821	21.51	—	$7,615
Mar 1996	398	7,515	19.38	—	$7,713
Feb 1996	376	5,192	16.98	—	$6,384
Jan 1996	341	5,615	17.07	—	$5,821
Dec 1995	358	5,300	17.19	—	$6,154
Nov 1995	258	5,262	16.00	—	$4,128
Oct 1995	263	3,916	15.43	—	$4,058
Sep 1995	194	3,692	16.18	—	$3,139
Aug 1995	217	4,516	15.92	—	$3,455
Jul 1995	241	5,338	15.24	—	$3,673
Jun 1995	237	4,388	16.41	—	$3,889
May 1995	256	3,282	17.56	—	$4,495
Apr 1995	265	4,484	17.73	—	$4,698
Mar 1995	310	5,409	16.44	—	$5,096
Feb 1995	424	4,589	16.58	—	$7,030
Jan 1995	419	4,080	15.92	—	$6,670
Dec 1994	325	3,361	15.03	—	$4,885
Nov 1994	344	2,820	15.90	—	$5,470
Oct 1994	368	2,801	15.58	—	$5,733
Sep 1994	358	3,207	15.29	—	$5,474
Aug 1994	380	3,314	16.13	—	$6,129
Jul 1994	403	3,500	17.56	—	$7,077
Jun 1994	278	3,574	17.09	—	$4,751
May 1994	478	5,134	15.88	—	$7,591
Apr 1994	239	4,033	14.14	—	$3,379
Mar 1994	250	4,368	12.46	—	$3,115
Feb 1994	252	2,984	12.50	—	$3,150
Jan 1994	291	2,807	12.66	—	$3,684
Dec 1993	253	6,085	12.33	—	$3,119
Nov 1993	172	6,986	14.49	—	$2,492
Oct 1993	238	8,520	15.85	—	$3,772
Sep 1993	153	6,575	15.03	—	$2,300
Aug 1993	217	5,489	15.66	—	$3,398
Jul 1993	369	3,350	15.46	—	$5,705
Jun 1993	217	4,630	16.79	—	$3,643
May 1993	328	2,936	17.68	—	$5,799
Apr 1993	176	2,181	18.05	—	$3,177
Mar 1993	336	1,436	18.14	—	$6,095
Feb 1993	230	1,461	17.90	—	$4,117
Jan 1993	297	4,618	16.93	—	$5,028

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 2014 — as filed, then multipliedworked

Oil                   59 bbl  × $ 94.73 =     $5,589
Casinghead gas         0 Mcf  × $  4.73 =         $0

────────────────────────────────────────────────────
Month total                                   $5,589

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/16786 is the state's own key, not one this site invented.