LOVING -AS- FEE

Name: LOVING -AS- 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 DIMMITT (CHERRY CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 28668District 08Field 24853400OilCasinghead gasSave Export

Value, all time

$819 k

Jan 1993 – Nov 2007

Value, last 12 filed months

$59 k

at the published price for each month

Months reported

179

no gaps in the span

Streams

oil, casinghead gas

The DIMMITT (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 79 leases and 204 wells, and the rule below applies to all of them.

Discovered

1980-08-23

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

The Commission's schedule remark for this field reads: “CONSOLIDATED TO DIMMITT (DELAWARE CONS)”

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	19,963 bbl	$490,505
Casinghead gas	Production	147,633 Mcf	$328,866
Total			$819,372

75,093 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 (1)

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 31.8345, -103.5151. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.83452, -103.51513 · 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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

6,610 ft

1 wells filed one

Completion to plug

28.2 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

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

1100.0%

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

The one well that filed a depth was drilled to 6,610 ft.

Completions filed

Jun 1988

1 of 1 wells

Plug dates filed

Aug 2016

1 of 1 wells

Last completion to plug: a median of 28.2 years across the 1 well that filed both dates, with the middle half between 28.2 years and 28.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-30130476	2	6,610 ft	Jun 1988	Aug 2016	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 (179)

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

179 months


Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	95	612	62.00	7.55	$10,510
May 2007	57	501	58.74	7.85	$7,279
Apr 2007	0	769	59.61	7.81	$6,002
Mar 2007	134	635	56.92	7.30	$12,264
Feb 2007	98	407	55.10	8.22	$8,744
Jan 2007	49	450	50.30	6.73	$5,492
Dec 2006	96	447	56.65	6.92	$8,531
Nov 2006	36	438	54.20	7.62	$5,288
Oct 2006	95	434	54.90	6.01	$7,825
Sep 2006	43	392	60.08	5.04	$4,558
Aug 2006	36	455	68.71	7.34	$5,813
Jul 2006	95	477	69.37	6.34	$9,616
Jun 2006	100	478	66.28	6.38	$9,679
May 2006	123	479	66.01	6.42	$11,197
Apr 2006	30	435	64.39	7.36	$5,134
Mar 2006	30	475	56.70	7.08	$5,065
Feb 2006	71	427	57.59	7.75	$7,399
Jan 2006	30	470	60.59	8.93	$6,016
Dec 2005	72	465	54.94	13.42	$10,194
Nov 2005	130	704	54.69	10.59	$14,564
Oct 2005	67	310	58.34	13.80	$8,185
Sep 2005	46	504	61.45	12.08	$8,915
Aug 2005	72	507	61.51	9.80	$9,396
Jul 2005	43	753	55.69	7.84	$8,301
Jun 2005	61	1,506	52.33	7.38	$14,308
May 2005	80	1,667	45.22	6.65	$14,705
Apr 2005	57	467	49.20	7.36	$6,242
Mar 2005	143	431	50.37	7.15	$10,287
Feb 2005	35	434	45.22	6.31	$4,322
Jan 2005	181	488	43.16	6.32	$10,897
Dec 2004	38	405	39.86	6.75	$4,249
Nov 2004	114	467	45.28	6.33	$8,118
Oct 2004	67	440	49.70	6.52	$6,197
Sep 2004	48	426	43.24	5.28	$4,326
Aug 2004	79	467	42.37	5.55	$5,939
Jul 2004	59	498	38.28	6.08	$5,288
Jun 2004	92	474	36.10	6.43	$6,370
May 2004	70	532	37.48	6.49	$6,079
Apr 2004	168	531	34.47	5.86	$8,902
Mar 2004	82	501	34.36	5.53	$5,588
Feb 2004	76	480	32.45	5.51	$5,111
Jan 2004	165	512	32.03	6.30	$8,510
Dec 2003	144	532	30.26	6.30	$7,710
Nov 2003	141	533	28.80	4.60	$6,510
Oct 2003	137	557	28.17	4.76	$6,510
Sep 2003	124	497	26.31	4.75	$5,623
Aug 2003	76	559	29.76	5.13	$5,129
Jul 2003	113	508	29.41	5.17	$5,950
Jun 2003	116	246	28.56	5.98	$4,785
May 2003	81	404	26.59	5.97	$4,567
Apr 2003	110	526	26.67	5.41	$5,778
Mar 2003	96	533	31.14	6.10	$6,239
Feb 2003	123	480	33.48	7.93	$7,922
Jan 2003	215	535	30.31	5.58	$9,503
Dec 2002	96	534	26.91	4.85	$5,175
Nov 2002	195	525	24.66	4.14	$6,981
Oct 2002	97	532	26.46	4.23	$4,817
Sep 2002	129	379	27.44	3.64	$4,918
Aug 2002	163	408	25.96	3.16	$5,522
Jul 2002	127	412	24.58	3.06	$4,383
Jun 2002	87	397	23.73	3.34	$3,390
May 2002	188	418	24.66	3.58	$6,134
Apr 2002	142	373	23.65	3.51	$4,668
Mar 2002	192	411	22.00	3.10	$5,499
Feb 2002	115	511	18.22	2.38	$3,309
Jan 2002	75	407	17.17	2.38	$2,255
Dec 2001	74	407	16.93	2.36	$2,215
Nov 2001	99	397	18.07	2.41	$2,744
Oct 2001	72	318	19.78	2.53	$2,228
Sep 2001	47	337	24.26	2.25	$1,899
Aug 2001	72	305	24.87	3.05	$2,722
Jul 2001	73	294	23.93	3.20	$2,687
Jun 2001	48	329	24.56	3.82	$2,437
May 2001	73	398	25.52	4.31	$3,577
Apr 2001	75	394	24.68	5.34	$3,953
Mar 2001	100	423	24.54	5.38	$4,728
Feb 2001	75	384	27.75	5.77	$4,296
Jan 2001	74	425	27.47	8.40	$5,602
Dec 2000	100	417	26.88	9.12	$6,492
Nov 2000	75	408	32.21	5.66	$4,724
Oct 2000	76	435	31.23	5.15	$4,612
Sep 2000	74	415	31.87	5.19	$4,511
Aug 2000	97	433	29.64	4.54	$4,841
Jul 2000	71	436	28.53	4.09	$3,809
Jun 2000	71	451	29.30	4.40	$4,063
May 2000	91	451	27.26	3.68	$4,140
Apr 2000	83	442	24.51	3.12	$3,412
Mar 2000	87	505	28.42	2.86	$3,917
Feb 2000	74	471	27.62	2.73	$3,328
Jan 2000	51	409	25.27	2.48	$2,303
Dec 1999	76	434	24.28	2.42	$2,897
Nov 1999	74	429	23.19	2.43	$2,760
Oct 1999	72	453	20.98	2.80	$2,781
Sep 1999	75	440	21.75	2.62	$2,784
Aug 1999	74	457	19.26	2.88	$2,739
Jul 1999	72	378	17.89	2.37	$2,185
Jun 1999	77	583	15.94	2.36	$2,604
May 1999	104	471	15.79	2.32	$2,735
Apr 1999	87	44	15.10	2.21	$1,411
Mar 1999	52	0	12.47	1.84	$648
Feb 1999	67	83	9.98	1.82	$820
Jan 1999	90	524	10.38	1.90	$1,930
Dec 1998	78	930	9.20	1.77	$2,367
Nov 1998	76	919	10.89	2.19	$2,836
Oct 1998	101	988	12.42	1.97	$3,200
Sep 1998	72	952	12.59	2.08	$2,889
Aug 1998	102	998	11.30	1.91	$3,056
Jul 1998	93	1,048	11.74	2.24	$3,436
Jun 1998	134	1,038	11.24	2.24	$3,828
May 1998	120	1,039	12.62	2.21	$3,807
Apr 1998	117	939	13.04	2.51	$3,878
Mar 1998	96	991	12.80	2.31	$3,517
Feb 1998	117	861	13.95	2.30	$3,612
Jan 1998	145	1,011	14.70	2.15	$4,310
Dec 1997	142	1,074	16.32	2.41	$4,907
Nov 1997	138	1,046	18.19	3.09	$5,741
Oct 1997	129	859	19.25	3.15	$5,189
Sep 1997	117	1,009	17.74	2.95	$5,057
Aug 1997	122	1,070	17.86	2.55	$4,912
Jul 1997	137	1,029	17.58	2.25	$4,721
Jun 1997	112	1,059	17.24	2.26	$4,321
May 1997	134	1,169	18.97	2.31	$5,241
Apr 1997	138	1,129	17.88	2.08	$4,819
Mar 1997	155	1,147	18.95	1.94	$5,161
Feb 1997	135	1,169	20.49	2.21	$5,345
Jan 1997	138	1,119	23.48	3.54	$7,201
Dec 1996	198	1,259	23.32	—	$4,617
Nov 1996	148	1,269	21.97	—	$3,252
Oct 1996	147	1,281	23.31	—	$3,427
Sep 1996	147	1,466	22.22	—	$3,266
Aug 1996	195	1,470	20.26	—	$3,951
Jul 1996	143	1,471	19.55	—	$2,796
Jun 1996	154	1,652	18.73	—	$2,884
May 1996	154	1,696	19.43	—	$2,992
Apr 1996	156	1,653	21.51	—	$3,356
Mar 1996	156	1,746	19.38	—	$3,023
Feb 1996	179	1,746	16.98	—	$3,039
Jan 1996	158	1,863	17.07	—	$2,697
Dec 1995	213	1,542	17.19	—	$3,661
Nov 1995	142	1,290	16.00	—	$2,272
Oct 1995	162	1,442	15.43	—	$2,500
Sep 1995	186	1,824	16.18	—	$3,009
Aug 1995	157	1,801	15.92	—	$2,499
Jul 1995	174	1,945	15.24	—	$2,652
Jun 1995	220	1,839	16.41	—	$3,610
May 1995	195	866	17.56	—	$3,424
Apr 1995	161	2,378	17.73	—	$2,855
Mar 1995	136	1,553	16.44	—	$2,236
Feb 1995	116	1,306	16.58	—	$1,923
Jan 1995	142	1,477	15.92	—	$2,261
Dec 1994	149	1,771	15.03	—	$2,239
Nov 1994	143	1,861	15.90	—	$2,274
Oct 1994	156	1,934	15.58	—	$2,430
Sep 1994	152	2,206	15.29	—	$2,324
Aug 1994	143	1,866	16.13	—	$2,307
Jul 1994	153	1,746	17.56	—	$2,687
Jun 1994	144	1,750	17.09	—	$2,461
May 1994	143	1,664	15.88	—	$2,271
Apr 1994	197	2,227	14.14	—	$2,786
Mar 1994	155	1,552	12.46	—	$1,931
Feb 1994	150	1,448	12.50	—	$1,875
Jan 1994	150	1,576	12.66	—	$1,899
Dec 1993	156	1,676	12.33	—	$1,923
Nov 1993	203	1,949	14.49	—	$2,941
Oct 1993	199	2,047	15.85	—	$3,154
Sep 1993	246	771	15.03	—	$3,697
Aug 1993	248	2,298	15.66	—	$3,884
Jul 1993	193	286	15.46	—	$2,984
Jun 1993	181	982	16.79	—	$3,039
May 1993	154	893	17.68	—	$2,723
Apr 1993	193	1,311	18.05	—	$3,484
Mar 1993	178	1,425	18.14	—	$3,229
Feb 1993	100	728	17.90	—	$1,790
Jan 1993	193	1,291	16.93	—	$3,267

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.

Jun 2007 — as filed, then multipliedworked

Oil                   95 bbl  × $ 62.00 =     $5,890
Casinghead gas       612 Mcf  × $  7.55 =     $4,620

────────────────────────────────────────────────────
Month total                                  $10,510

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/28668 is the state's own key, not one this site invented.