LOVING -AY- FEE

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

Operated by WAGNER OIL COMPANY (P-5 891175) in the BRUSHY DRAW (CHERRY CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27853District 08Field 12660500NGPA filingOilCasinghead gasSave Export

Value, all time

$1.8 M

Jan 1993 – Feb 2004

Value, last 12 filed months

at the published price for each month

Months reported

134

no gaps in the span

Streams

oil, casinghead gas

The BRUSHY DRAW (CHERRY CANYON) 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 8 leases and 22 wells, and the rule below applies to all of them.

Discovered

1982-12-10

as the register files it

Field class

Oil

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

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	8	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	95,966 bbl	$1,659,177
Casinghead gas	Production	311,431 Mcf	$150,738
Total			$1,809,915

259,468 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 31.9970, -103.9514. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.99690, -103.95139 · 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

100.0%

6 of 6 wells

Median depth

5,188 ft

6 wells filed one

Completion to plug

22.0 years

median over 6 wells

What the state filed about each well

On the RRC proration schedule

6100.0%

A plug date is filed

6100.0%

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

6100.0%

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 5,071 and 6,320 ft, median 5,188 ft, over the 6 wells that filed a depth.

Completions filed

Apr 1998 – Sep 2002

6 of 6 wells

Plug dates filed

Apr 2020 – Jun 2020

6 of 6 wells

Last completion to plug: a median of 22.0 years across the 6 wells that filed both dates, with the middle half between 21.9 years and 22.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells


42-30130736	3	6,320 ft	Sep 2002	May 2020	Yes
42-30130752	4	5,225 ft	May 1998	Apr 2020	Yes
42-30130857	6	5,071 ft	May 1998	Jun 2020	Yes
42-30130843	5	5,118 ft	May 1998	May 2020	Yes
42-30130373	1	6,250 ft	Apr 1998	Apr 2020	Yes
42-30130654	2	5,150 ft	Apr 1998	May 2020	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 (134)

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

134 months


Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	45	0	26.46	4.23	$1,191
Sep 2002	115	628	27.44	3.64	$5,439
Aug 2002	196	468	25.96	3.16	$6,569
Jul 2002	171	407	24.58	3.06	$5,449
Jun 2002	185	405	23.73	3.34	$5,742
May 2002	251	442	24.66	3.58	$7,774
Apr 2002	180	433	23.65	3.51	$5,778
Mar 2002	105	368	22.00	3.10	$3,452
Feb 2002	149	284	18.22	2.38	$3,389
Jan 2002	62	493	17.17	2.38	$2,236
Dec 2001	98	503	16.93	2.36	$2,848
Nov 2001	80	786	18.07	2.41	$3,336
Oct 2001	100	729	19.78	2.53	$3,822
Sep 2001	59	367	24.26	2.25	$2,258
Aug 2001	69	98	24.87	3.05	$2,015
Jul 2001	80	587	23.93	3.20	$3,791
Jun 2001	79	461	24.56	3.82	$3,703
May 2001	72	491	25.52	4.31	$3,952
Apr 2001	74	405	24.68	5.34	$3,987
Mar 2001	95	507	24.54	5.38	$5,057
Feb 2001	83	446	27.75	5.77	$4,875
Jan 2001	83	518	27.47	8.40	$6,631
Dec 2000	65	545	26.88	9.12	$6,719
Nov 2000	80	531	32.21	5.66	$5,581
Oct 2000	93	518	31.23	5.15	$5,570
Sep 2000	74	551	31.87	5.19	$5,216
Aug 2000	79	569	29.64	4.54	$4,925
Jul 2000	90	612	28.53	4.09	$5,071
Jun 2000	78	575	29.30	4.40	$4,814
May 2000	87	564	27.26	3.68	$4,447
Apr 2000	79	556	24.51	3.12	$3,669
Mar 2000	90	595	28.42	2.86	$4,259
Feb 2000	82	539	27.62	2.73	$3,734
Jan 2000	88	563	25.27	2.48	$3,620
Dec 1999	101	529	24.28	2.42	$3,734
Nov 1999	73	447	23.19	2.43	$2,781
Oct 1999	96	562	20.98	2.80	$3,590
Sep 1999	88	517	21.75	2.62	$3,268
Aug 1999	91	490	19.26	2.88	$3,162
Jul 1999	88	456	17.89	2.37	$2,656
Jun 1999	82	366	15.94	2.36	$2,172
May 1999	91	396	15.79	2.32	$2,356
Apr 1999	101	392	15.10	2.21	$2,391
Mar 1999	128	630	12.47	1.84	$2,754
Feb 1999	108	506	9.98	1.82	$1,998
Jan 1999	71	367	10.38	1.90	$1,434
Dec 1998	94	468	9.20	1.77	$1,695
Nov 1998	84	468	10.89	2.19	$1,938
Oct 1998	70	378	12.42	1.97	$1,614
Sep 1998	69	407	12.59	2.08	$1,716
Aug 1998	71	439	11.30	1.91	$1,640
Jul 1998	88	521	11.74	2.24	$2,199
Jun 1998	132	496	11.24	2.24	$2,593
May 1998	207	757	12.62	2.21	$4,283
Apr 1998	81	525	13.04	2.51	$2,372
Mar 1998	248	519	12.80	2.31	$4,373
Feb 1998	211	516	13.95	2.30	$4,130
Jan 1998	323	677	14.70	2.15	$6,207
Dec 1997	332	599	16.32	2.41	$6,862
Nov 1997	297	682	18.19	3.09	$7,509
Oct 1997	340	817	19.25	3.15	$9,118
Sep 1997	431	923	17.74	2.95	$10,373
Aug 1997	468	839	17.86	2.55	$10,502
Jul 1997	194	854	17.58	2.25	$5,329
Jun 1997	198	470	17.24	2.26	$4,474
May 1997	795	1,700	18.97	2.31	$19,006
Apr 1997	1,569	3,008	17.88	2.08	$34,319
Mar 1997	1,104	5,060	18.95	1.94	$30,733
Feb 1997	1,202	4,478	20.49	2.21	$34,507
Jan 1997	1,504	4,160	23.48	3.54	$50,039
Dec 1996	1,506	5,068	23.32	—	$35,120
Nov 1996	1,496	5,178	21.97	—	$32,867
Oct 1996	1,194	4,699	23.31	—	$27,832
Sep 1996	1,482	5,287	22.22	—	$32,930
Aug 1996	1,489	5,275	20.26	—	$30,167
Jul 1996	1,500	5,397	19.55	—	$29,325
Jun 1996	1,201	4,995	18.73	—	$22,495
May 1996	1,504	4,999	19.43	—	$29,223
Apr 1996	1,526	5,302	21.51	—	$32,824
Mar 1996	1,820	5,973	19.38	—	$35,272
Feb 1996	1,238	5,212	16.98	—	$21,021
Jan 1996	1,695	5,902	17.07	—	$28,934
Dec 1995	1,708	5,765	17.19	—	$29,361
Nov 1995	1,542	5,468	16.00	—	$24,672
Oct 1995	1,842	3,644	15.43	—	$28,422
Sep 1995	1,198	5,398	16.18	—	$19,384
Aug 1995	1,507	5,652	15.92	—	$23,991
Jul 1995	1,802	5,285	15.24	—	$27,462
Jun 1995	1,518	5,176	16.41	—	$24,910
May 1995	1,420	5,165	17.56	—	$24,935
Apr 1995	1,607	5,645	17.73	—	$28,492
Mar 1995	1,614	5,860	16.44	—	$26,534
Feb 1995	1,527	4,981	16.58	—	$25,318
Jan 1995	1,763	5,615	15.92	—	$28,067
Dec 1994	1,508	5,503	15.03	—	$22,665
Nov 1994	1,504	5,598	15.90	—	$23,914
Oct 1994	1,674	5,736	15.58	—	$26,081
Sep 1994	1,499	5,627	15.29	—	$22,920
Aug 1994	1,653	5,865	16.13	—	$26,663
Jul 1994	1,744	6,259	17.56	—	$30,625
Jun 1994	1,633	6,321	17.09	—	$27,908
May 1994	1,862	6,492	15.88	—	$29,569
Apr 1994	1,833	6,466	14.14	—	$25,919
Mar 1994	1,899	6,657	12.46	—	$23,662
Feb 1994	1,672	5,581	12.50	—	$20,900
Jan 1994	1,947	7,042	12.66	—	$24,649
Dec 1993	1,759	5,805	12.33	—	$21,688
Nov 1993	1,576	1,858	14.49	—	$22,836
Oct 1993	1,736	3,694	15.85	—	$27,516
Sep 1993	2,258	5,974	15.03	—	$33,938
Aug 1993	2,206	6,431	15.66	—	$34,546
Jul 1993	1,943	5,512	15.46	—	$30,039
Jun 1993	1,909	5,233	16.79	—	$32,052
May 1993	2,074	5,071	17.68	—	$36,668
Apr 1993	2,045	4,929	18.05	—	$36,912
Mar 1993	2,141	5,047	18.14	—	$38,838
Feb 1993	2,209	4,572	17.90	—	$39,541
Jan 1993	2,337	5,254	16.93	—	$39,565

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.

Oct 2002 — as filed, then multipliedworked

Oil                   45 bbl  × $ 26.46 =     $1,191
Casinghead gas         0 Mcf  × $  4.23 =         $0

────────────────────────────────────────────────────
Month total                                   $1,191

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/27853 is the state's own key, not one this site invented.