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 (HOLT) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 25201District 08Field 49129396Hydrogen sulphide fieldNGPA filingOilCasinghead gasSave Export

Value, all time

$10.4 M

Jan 1993 – Mar 2016

Value, last 12 filed months

$104 k

at the published price for each month

Months reported

279

no gaps in the span

Streams

oil, casinghead gas

The KEYSTONE (HOLT) 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 63 leases and 354 wells, and the rule below applies to all of them.

Discovered

1943-09-08

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 20 acres. The field rule took effect on 1975-07-07.

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: “ INTO THE KEYSTONE (CONSOLIDATED) FIELD.”

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	79,382 bbl	$3,954,394
Casinghead gas	Production	1,561,117 Mcf	$6,412,403
Total			$10,366,797

344,765 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 31.8946, -103.0964. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.89409, -103.09669 · 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

5,526 ft

4 wells filed one

Completion to plug

37.9 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 5,102 and 10,400 ft, median 5,526 ft, over the 4 wells that filed a depth.

Completions filed

Oct 1978 – Dec 2025

4 of 4 wells

Plug dates filed

Nov 2017

1 of 4 wells; 3 filed none

Last completion to plug: a median of 37.9 years across the 1 well that filed both dates, with the middle half between 37.9 years and 37.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells


42-49532783	8	10,400 ft	Dec 2025	—	Yes
42-49532798	10	5,608 ft	Nov 2009	—	Yes
42-49531071	7C	5,102 ft	Dec 1979	Nov 2017	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 (279)

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

279 months


Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
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	121	0	42.99	2.76	$5,202
Aug 2015	202	3,709	40.16	2.87	$18,766
Jul 2015	190	3,749	48.15	2.95	$20,190
Jun 2015	187	3,491	56.15	2.88	$20,564
May 2015	180	3,531	55.21	2.96	$20,373
Apr 2015	172	3,839	49.82	2.71	$18,960
Mar 2015	240	4,073	42.89	2.93	$22,247
Feb 2015	186	2,974	44.66	2.98	$17,158
Jan 2015	171	3,330	43.43	3.10	$17,752
Dec 2014	218	3,747	54.69	3.59	$25,379
Nov 2014	220	3,433	70.46	4.25	$30,098
Oct 2014	171	4,147	78.30	3.90	$29,567
Sep 2014	255	3,589	86.16	4.05	$36,490
Aug 2014	136	4,282	89.39	4.04	$29,435
Jul 2014	332	3,853	96.56	4.18	$48,162
Jun 2014	255	3,509	98.16	4.74	$41,653
May 2014	285	3,743	94.73	4.73	$44,690
Apr 2014	252	2,834	95.94	4.81	$37,806
Mar 2014	258	3,820	95.89	5.06	$44,057
Feb 2014	296	3,206	97.40	6.19	$48,682
Jan 2014	181	3,136	90.40	4.86	$31,606
Dec 2013	365	3,052	91.82	4.35	$46,804
Nov 2013	257	3,571	88.85	3.74	$36,184
Oct 2013	334	2,777	97.42	3.78	$43,034
Sep 2013	420	3,558	104.11	3.72	$56,954
Aug 2013	357	3,737	104.25	3.52	$50,381
Jul 2013	356	3,760	102.52	3.72	$50,476
Jun 2013	323	3,583	94.40	3.93	$44,585
May 2013	447	3,649	94.83	4.15	$57,529
Apr 2013	366	3,297	93.96	4.28	$48,509
Mar 2013	221	3,528	93.62	3.91	$34,495
Feb 2013	462	3,547	91.23	3.42	$54,279
Jan 2013	542	3,133	91.60	3.42	$60,362
Dec 2012	327	4,113	86.77	3.42	$42,441
Nov 2012	480	3,998	86.95	3.62	$56,229
Oct 2012	313	3,211	89.38	3.40	$38,892
Sep 2012	152	3,091	94.67	2.92	$23,411
Aug 2012	314	3,491	92.66	2.91	$39,248
Jul 2012	321	3,708	85.13	3.02	$38,528
Jun 2012	307	3,177	79.82	2.52	$32,508
May 2012	159	3,483	91.61	2.49	$23,233
Apr 2012	479	3,991	101.65	2.00	$56,660
Mar 2012	351	3,398	105.05	2.22	$44,423
Feb 2012	433	3,595	101.10	2.57	$53,016
Jan 2012	151	3,249	98.09	2.73	$23,695
Dec 2011	420	3,770	96.87	3.24	$52,899
Nov 2011	153	2,713	95.72	3.31	$23,629
Oct 2011	276	4,070	84.98	3.65	$38,304
Sep 2011	137	3,437	83.62	3.99	$25,155
Aug 2011	263	3,178	83.40	4.15	$35,121
Jul 2011	207	3,304	94.14	4.52	$34,412
Jun 2011	71	3,066	92.90	4.64	$20,822
May 2011	221	3,703	98.13	4.40	$37,998
Apr 2011	230	3,111	105.96	4.33	$37,852
Mar 2011	360	3,772	96.36	4.06	$49,994
Feb 2011	152	2,326	85.64	4.18	$22,740
Jan 2011	463	4,128	86.50	4.59	$58,992
Dec 2010	381	4,240	85.73	4.35	$51,098
Nov 2010	233	4,124	80.84	3.80	$34,488
Oct 2010	329	3,842	78.10	3.51	$39,176
Sep 2010	342	3,707	72.63	3.98	$39,591
Aug 2010	308	3,261	73.68	4.42	$37,105
Jul 2010	424	3,749	72.55	4.74	$48,518
Jun 2010	406	3,892	70.36	4.91	$47,677
May 2010	227	4,890	71.12	4.24	$36,854
Apr 2010	230	4,158	81.69	4.12	$35,931
Mar 2010	272	4,374	78.39	4.39	$40,518
Feb 2010	249	5,181	73.58	5.44	$46,518
Jan 2010	187	5,794	74.36	5.96	$48,461
Dec 2009	327	6,189	71.44	5.48	$57,300
Nov 2009	180	5,463	74.59	3.75	$33,921
Oct 2009	288	5,108	72.54	4.11	$41,887
Sep 2009	264	5,326	65.54	3.06	$33,625
Aug 2009	172	4,926	67.42	3.22	$27,451
Jul 2009	158	2,807	61.13	3.46	$19,383
Jun 2009	250	5,413	66.16	3.90	$37,624
May 2009	299	5,283	54.74	3.93	$37,107
Apr 2009	219	5,643	46.77	3.59	$30,487
Mar 2009	407	5,234	42.14	4.06	$38,396
Feb 2009	384	5,202	32.81	4.63	$36,700
Jan 2009	318	5,880	35.86	5.37	$42,985
Dec 2008	254	5,572	37.10	5.98	$42,728
Nov 2008	457	5,498	55.49	6.86	$63,077
Oct 2008	264	6,062	75.24	6.92	$61,824
Sep 2008	174	3,049	101.76	7.88	$41,723
Aug 2008	367	6,408	114.22	8.48	$96,278
Jul 2008	347	6,737	131.08	11.39	$122,215
Jun 2008	318	6,630	131.33	13.03	$128,169
May 2008	296	5,340	123.17	11.57	$98,265
Apr 2008	300	6,736	110.31	10.45	$103,517
Mar 2008	337	6,636	101.90	9.66	$98,471
Feb 2008	259	6,358	92.53	8.77	$79,729
Jan 2008	359	4,976	90.38	8.21	$73,278
Dec 2007	367	6,160	88.33	7.30	$77,397
Nov 2007	358	7,619	91.67	7.29	$88,373
Oct 2007	439	7,900	82.85	6.92	$91,055
Sep 2007	416	7,468	75.84	6.24	$78,181
Aug 2007	495	7,501	69.06	6.39	$82,101
Jul 2007	350	8,220	70.90	6.39	$77,324
Jun 2007	432	8,715	62.00	7.55	$92,569
May 2007	347	6,701	58.74	7.85	$72,961
Apr 2007	318	8,239	59.61	7.81	$83,263
Mar 2007	349	11,865	56.92	7.30	$106,503
Feb 2007	371	11,364	55.10	8.22	$113,809
Jan 2007	409	19,403	50.30	6.73	$151,094
Dec 2006	359	25,540	56.65	6.92	$197,034
Nov 2006	464	30,619	54.20	7.62	$258,388
Oct 2006	479	33,431	54.90	6.01	$227,344
Sep 2006	272	6,551	60.08	5.04	$49,340
Aug 2006	362	5,795	68.71	7.34	$67,408
Jul 2006	377	6,299	69.37	6.34	$66,106
Jun 2006	334	5,976	66.28	6.38	$60,288
May 2006	472	6,756	66.01	6.42	$74,564
Apr 2006	402	7,235	64.39	7.36	$79,138
Mar 2006	580	8,059	56.70	7.08	$89,967
Feb 2006	592	7,142	57.59	7.75	$89,452
Jan 2006	411	7,089	60.59	8.93	$88,231
Dec 2005	564	6,821	54.94	13.42	$122,493
Nov 2005	628	8,181	54.69	10.59	$120,969
Oct 2005	475	7,797	58.34	13.80	$135,277
Sep 2005	299	7,453	61.45	12.08	$108,398
Aug 2005	402	7,483	61.51	9.80	$98,037
Jul 2005	434	6,959	55.69	7.84	$78,753
Jun 2005	356	6,800	52.33	7.38	$68,821
May 2005	283	6,689	45.22	6.65	$57,287
Apr 2005	168	6,628	49.20	7.36	$57,051
Mar 2005	328	7,256	50.37	7.15	$68,437
Feb 2005	369	5,858	45.22	6.31	$53,661
Jan 2005	315	6,617	43.16	6.32	$55,429
Dec 2004	222	6,906	39.86	6.75	$55,472
Nov 2004	244	6,078	45.28	6.33	$49,525
Oct 2004	311	6,581	49.70	6.52	$58,333
Sep 2004	264	5,517	43.24	5.28	$40,567
Aug 2004	242	5,664	42.37	5.55	$41,692
Jul 2004	234	6,021	38.28	6.08	$45,590
Jun 2004	212	5,754	36.10	6.43	$44,669
May 2004	315	6,089	37.48	6.49	$51,352
Apr 2004	347	4,671	34.47	5.86	$39,326
Mar 2004	260	5,694	34.36	5.53	$40,422
Feb 2004	221	4,640	32.45	5.51	$32,736
Jan 2004	268	5,473	32.03	6.30	$43,062
Dec 2003	148	5,813	30.26	6.30	$41,110
Nov 2003	184	6,048	28.80	4.60	$33,091
Oct 2003	182	6,683	28.17	4.76	$36,936
Sep 2003	206	6,530	26.31	4.75	$36,433
Aug 2003	313	6,338	29.76	5.13	$41,827
Jul 2003	306	6,701	29.41	5.17	$43,649
Jun 2003	271	6,618	28.56	5.98	$47,335
May 2003	266	6,615	26.59	5.97	$46,582
Apr 2003	241	6,277	26.67	5.41	$40,369
Mar 2003	297	6,543	31.14	6.10	$49,135
Feb 2003	271	6,000	33.48	7.93	$56,628
Jan 2003	317	6,505	30.31	5.58	$45,919
Dec 2002	303	6,164	26.91	4.85	$38,072
Nov 2002	346	6,004	24.66	4.14	$33,371
Oct 2002	416	6,428	26.46	4.23	$38,192
Sep 2002	252	7,121	27.44	3.64	$32,801
Aug 2002	271	6,536	25.96	3.16	$27,716
Jul 2002	177	8,200	24.58	3.06	$29,457
Jun 2002	302	8,021	23.73	3.34	$33,942
May 2002	375	8,791	24.66	3.58	$40,754
Apr 2002	459	6,382	23.65	3.51	$33,271
Mar 2002	691	7,461	22.00	3.10	$38,351
Feb 2002	556	5,642	18.22	2.38	$23,534
Jan 2002	560	6,400	17.17	2.38	$24,820
Dec 2001	752	5,950	16.93	2.36	$26,800
Nov 2001	288	4,700	18.07	2.41	$16,510
Oct 2001	117	6,162	19.78	2.53	$17,897
Sep 2001	331	3,778	24.26	2.25	$16,536
Aug 2001	311	3,850	24.87	3.05	$19,489
Jul 2001	464	3,020	23.93	3.20	$20,759
Jun 2001	325	3,953	24.56	3.82	$23,099
May 2001	244	3,458	25.52	4.31	$21,122
Apr 2001	200	3,743	24.68	5.34	$24,906
Mar 2001	143	3,728	24.54	5.38	$23,553
Feb 2001	173	3,637	27.75	5.77	$25,776
Jan 2001	271	3,104	27.47	8.40	$33,514
Dec 2000	288	3,738	26.88	9.12	$41,841
Nov 2000	293	0	32.21	5.66	$9,438
Oct 2000	459	5,839	31.23	5.15	$44,379
Sep 2000	842	6,357	31.87	5.19	$59,805
Aug 2000	974	7,486	29.64	4.54	$62,861
Jul 2000	768	8,063	28.53	4.09	$54,887
Jun 2000	599	5,605	29.30	4.40	$42,197
May 2000	470	5,644	27.26	3.68	$33,581
Apr 2000	480	5,077	24.51	3.12	$27,585
Mar 2000	322	3,412	28.42	2.86	$18,909
Feb 2000	485	3,232	27.62	2.73	$22,208
Jan 2000	405	3,807	25.27	2.48	$19,678
Dec 1999	220	3,688	24.28	2.42	$14,280
Nov 1999	372	4,193	23.19	2.43	$18,832
Oct 1999	247	4,238	20.98	2.80	$17,064
Sep 1999	259	2,692	21.75	2.62	$12,683
Aug 1999	190	2,035	19.26	2.88	$9,511
Jul 1999	389	3,772	17.89	2.37	$15,908
Jun 1999	321	2,737	15.94	2.36	$11,582
May 1999	247	2,579	15.79	2.32	$9,886
Apr 1999	215	2,590	15.10	2.21	$8,965
Mar 1999	194	2,846	12.47	1.84	$7,651
Feb 1999	181	2,367	9.98	1.82	$6,109
Jan 1999	148	1	10.38	1.90	$1,538
Dec 1998	174	3,289	9.20	1.77	$7,433
Nov 1998	133	2,528	10.89	2.19	$6,974
Oct 1998	220	2,868	12.42	1.97	$8,380
Sep 1998	272	2,517	12.59	2.08	$8,666
Aug 1998	313	5,079	11.30	1.91	$13,224
Jul 1998	200	5,050	11.74	2.24	$13,646
Jun 1998	251	4,735	11.24	2.24	$13,415
May 1998	220	6,987	12.62	2.21	$18,192
Apr 1998	92	4,603	13.04	2.51	$12,732
Mar 1998	176	4,929	12.80	2.31	$13,636
Feb 1998	126	4,888	13.95	2.30	$12,996
Jan 1998	308	6,718	14.70	2.15	$19,003
Dec 1997	129	4,809	16.32	2.41	$13,700
Nov 1997	143	5,057	18.19	3.09	$18,219
Oct 1997	234	4,787	19.25	3.15	$19,583
Sep 1997	228	6,182	17.74	2.95	$22,312
Aug 1997	366	5,306	17.86	2.55	$20,092
Jul 1997	196	7,028	17.58	2.25	$19,237
Jun 1997	242	6,706	17.24	2.26	$19,309
May 1997	127	5,714	18.97	2.31	$15,600
Apr 1997	174	5,982	17.88	2.08	$15,570
Mar 1997	158	6,069	18.95	1.94	$14,763
Feb 1997	151	4,959	20.49	2.21	$14,033
Jan 1997	161	3,425	23.48	3.54	$15,904
Dec 1996	174	6,384	23.32	—	$4,058
Nov 1996	174	6,023	21.97	—	$3,823
Oct 1996	166	7,139	23.31	—	$3,869
Sep 1996	124	6,136	22.22	—	$2,755
Aug 1996	284	6,899	20.26	—	$5,754
Jul 1996	141	7,020	19.55	—	$2,757
Jun 1996	210	4,700	18.73	—	$3,933
May 1996	286	6,969	19.43	—	$5,557
Apr 1996	184	6,468	21.51	—	$3,958
Mar 1996	171	5,925	19.38	—	$3,314
Feb 1996	236	5,249	16.98	—	$4,007
Jan 1996	244	7,282	17.07	—	$4,165
Dec 1995	260	6,874	17.19	—	$4,469
Nov 1995	221	7,121	16.00	—	$3,536
Oct 1995	364	7,772	15.43	—	$5,617
Sep 1995	320	9,247	16.18	—	$5,178
Aug 1995	277	9,629	15.92	—	$4,410
Jul 1995	199	8,938	15.24	—	$3,033
Jun 1995	162	7,846	16.41	—	$2,658
May 1995	148	6,487	17.56	—	$2,599
Apr 1995	120	7,930	17.73	—	$2,128
Mar 1995	108	9,457	16.44	—	$1,776
Feb 1995	146	7,863	16.58	—	$2,421
Jan 1995	187	9,200	15.92	—	$2,977
Dec 1994	195	7,034	15.03	—	$2,931
Nov 1994	174	5,024	15.90	—	$2,767
Oct 1994	167	5,583	15.58	—	$2,602
Sep 1994	166	6,343	15.29	—	$2,538
Aug 1994	187	7,583	16.13	—	$3,016
Jul 1994	206	7,750	17.56	—	$3,617
Jun 1994	127	7,659	17.09	—	$2,170
May 1994	217	7,714	15.88	—	$3,446
Apr 1994	147	6,963	14.14	—	$2,079
Mar 1994	145	8,244	12.46	—	$1,807
Feb 1994	163	6,358	12.50	—	$2,038
Jan 1994	228	8,037	12.66	—	$2,886
Dec 1993	174	4,787	12.33	—	$2,145
Nov 1993	108	4,978	14.49	—	$1,565
Oct 1993	207	5,021	15.85	—	$3,281
Sep 1993	181	5,587	15.03	—	$2,720
Aug 1993	186	6,738	15.66	—	$2,913
Jul 1993	276	9,067	15.46	—	$4,267
Jun 1993	232	8,498	16.79	—	$3,895
May 1993	578	8,868	17.68	—	$10,219
Apr 1993	268	7,953	18.05	—	$4,837
Mar 1993	374	8,511	18.14	—	$6,784
Feb 1993	218	7,536	17.90	—	$3,902
Jan 1993	261	8,371	16.93	—	$4,419

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 2015 — as filed, then multipliedworked

Oil                  121 bbl  × $ 42.99 =     $5,202
Casinghead gas         0 Mcf  × $  2.76 =         $0

────────────────────────────────────────────────────
Month total                                   $5,202

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/25201 is the state's own key, not one this site invented.