LOVING FEE

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

Operated by PITTS ENERGY CO. (P-5 666430) 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 33658District 08Field 24853400OilCasinghead gasSave Export

Value, all time

$5.0 M

Jan 1993 – Nov 2007

Value, last 12 filed months

$270 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	154,363 bbl	$3,471,093
Casinghead gas	Production	446,537 Mcf	$1,552,306
Total			$5,023,399

122,927 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 (2)

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 31.8066, -103.5245. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.80657, -103.52450 · 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%

2 of 2 wells

With a plug date

0.0%

0 of 2 wells

Median depth

6,529 ft

2 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

00.0%

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

00.0%

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 6,506 and 6,551 ft, median 6,529 ft, over the 2 wells that filed a depth.

Completions filed

Dec 1992 – Apr 1993

2 of 2 wells

2 wells


42-30130998	2	6,506 ft	Apr 1993	—	Yes
42-30130993	1	6,551 ft	Dec 1992	—	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	875	2,760	62.00	7.55	$75,084
May 2007	185	2,788	58.74	7.85	$32,742
Apr 2007	353	2,636	59.61	7.81	$41,617
Mar 2007	529	2,468	56.92	7.30	$48,132
Feb 2007	341	1,792	55.10	8.22	$33,512
Jan 2007	180	1,546	50.30	6.73	$19,454
Dec 2006	123	1,841	56.65	6.92	$19,705
Nov 2006	0	1,753	54.20	7.62	$13,353
Oct 2006	361	1,795	54.90	6.01	$30,614
Sep 2006	476	2,759	60.08	5.04	$42,496
Aug 2006	338	2,995	68.71	7.34	$45,207
Jul 2006	357	2,402	69.37	6.34	$40,000
Jun 2006	652	3,103	66.28	6.38	$63,024
May 2006	742	3,132	66.01	6.42	$69,103
Apr 2006	520	2,859	64.39	7.36	$54,526
Mar 2006	351	3,071	56.70	7.08	$41,653
Feb 2006	391	2,537	57.59	7.75	$42,182
Jan 2006	385	2,084	60.59	8.93	$41,944
Dec 2005	390	2,640	54.94	13.42	$56,843
Nov 2005	512	2,979	54.69	10.59	$59,544
Oct 2005	472	2,613	58.34	13.80	$63,585
Sep 2005	909	2,074	61.45	12.08	$80,910
Aug 2005	0	1,406	61.51	9.80	$13,774
Jul 2005	0	8	55.69	7.84	$63
Jun 2005	164	704	52.33	7.38	$13,778
May 2005	529	2,861	45.22	6.65	$42,950
Apr 2005	363	2,961	49.20	7.36	$39,654
Mar 2005	765	1,153	50.37	7.15	$46,783
Feb 2005	174	1,273	45.22	6.31	$15,903
Jan 2005	0	544	43.16	6.32	$3,439
Dec 2004	341	1,375	39.86	6.75	$22,875
Nov 2004	336	2,693	45.28	6.33	$32,262
Oct 2004	891	3,303	49.70	6.52	$65,802
Sep 2004	363	2,848	43.24	5.28	$30,745
Aug 2004	730	3,141	42.37	5.55	$48,365
Jul 2004	521	3,417	38.28	6.08	$40,734
Jun 2004	839	3,362	36.10	6.43	$51,916
May 2004	521	3,481	37.48	6.49	$42,135
Apr 2004	681	2,607	34.47	5.86	$38,747
Mar 2004	827	2,932	34.36	5.53	$44,630
Feb 2004	344	2,304	32.45	5.51	$23,857
Jan 2004	390	2,802	32.03	6.30	$30,143
Dec 2003	501	3,104	30.26	6.30	$34,721
Nov 2003	571	3,133	28.80	4.60	$30,841
Oct 2003	758	3,449	28.17	4.76	$37,769
Sep 2003	718	3,505	26.31	4.75	$35,537
Aug 2003	561	3,758	29.76	5.13	$35,973
Jul 2003	775	4,190	29.41	5.17	$44,459
Jun 2003	571	2,233	28.56	5.98	$29,668
May 2003	545	4,083	26.59	5.97	$38,878
Apr 2003	366	2,888	26.67	5.41	$25,377
Mar 2003	522	3,746	31.14	6.10	$39,091
Feb 2003	789	3,974	33.48	7.93	$57,913
Jan 2003	760	3,810	30.31	5.58	$44,303
Dec 2002	123	1,675	26.91	4.85	$11,440
Nov 2002	528	1,678	24.66	4.14	$19,962
Oct 2002	594	2,803	26.46	4.23	$27,571
Sep 2002	550	2,836	27.44	3.64	$25,401
Aug 2002	578	2,803	25.96	3.16	$23,874
Jul 2002	584	2,898	24.58	3.06	$23,228
Jun 2002	771	2,710	23.73	3.34	$27,342
May 2002	567	2,938	24.66	3.58	$24,512
Apr 2002	578	2,772	23.65	3.51	$23,406
Mar 2002	586	2,324	22.00	3.10	$20,103
Feb 2002	584	2,675	18.22	2.38	$16,995
Jan 2002	772	3,041	17.17	2.38	$20,480
Dec 2001	589	3,004	16.93	2.36	$17,074
Nov 2001	752	2,888	18.07	2.41	$20,536
Oct 2001	369	2,793	19.78	2.53	$14,362
Sep 2001	359	1,848	24.26	2.25	$12,870
Aug 2001	742	2,837	24.87	3.05	$27,115
Jul 2001	742	2,999	23.93	3.20	$27,344
Jun 2001	567	2,365	24.56	3.82	$22,970
May 2001	560	2,929	25.52	4.31	$26,907
Apr 2001	737	2,656	24.68	5.34	$32,360
Mar 2001	680	2,846	24.54	5.38	$31,989
Feb 2001	565	2,664	27.75	5.77	$31,042
Jan 2001	723	2,737	27.47	8.40	$42,848
Dec 2000	708	2,823	26.88	9.12	$44,784
Nov 2000	737	2,615	32.21	5.66	$38,534
Oct 2000	743	2,936	31.23	5.15	$38,311
Sep 2000	548	2,806	31.87	5.19	$32,018
Aug 2000	657	2,485	29.64	4.54	$30,757
Jul 2000	912	2,976	28.53	4.09	$38,190
Jun 2000	711	2,850	29.30	4.40	$33,364
May 2000	743	2,507	27.26	3.68	$29,479
Apr 2000	575	2,571	24.51	3.12	$22,104
Mar 2000	938	2,823	28.42	2.86	$34,731
Feb 2000	769	2,815	27.62	2.73	$28,915
Jan 2000	564	1,166	25.27	2.48	$17,145
Dec 1999	557	2,353	24.28	2.42	$19,227
Nov 1999	917	2,624	23.19	2.43	$27,652
Oct 1999	764	2,779	20.98	2.80	$23,820
Sep 1999	972	2,607	21.75	2.62	$27,968
Aug 1999	760	2,520	19.26	2.88	$21,884
Jul 1999	788	2,754	17.89	2.37	$20,631
Jun 1999	981	2,629	15.94	2.36	$21,847
May 1999	526	1,800	15.79	2.32	$12,483
Apr 1999	994	2,149	15.10	2.21	$19,755
Mar 1999	782	2,376	12.47	1.84	$14,119
Feb 1999	792	2,229	9.98	1.82	$11,956
Jan 1999	996	2,464	10.38	1.90	$15,020
Dec 1998	1,204	2,236	9.20	1.77	$15,042
Nov 1998	597	1,574	10.89	2.19	$9,942
Oct 1998	1,182	2,304	12.42	1.97	$19,218
Sep 1998	951	1,931	12.59	2.08	$15,995
Aug 1998	780	2,115	11.30	1.91	$12,848
Jul 1998	776	2,208	11.74	2.24	$14,050
Jun 1998	984	2,687	11.24	2.24	$17,072
May 1998	1,167	2,767	12.62	2.21	$20,832
Apr 1998	968	2,447	13.04	2.51	$18,753
Mar 1998	978	2,705	12.80	2.31	$18,765
Feb 1998	971	2,340	13.95	2.30	$18,925
Jan 1998	802	2,426	14.70	2.15	$17,017
Dec 1997	993	2,172	16.32	2.41	$21,443
Nov 1997	774	2,365	18.19	3.09	$21,383
Oct 1997	999	2,461	19.25	3.15	$26,982
Sep 1997	1,161	2,394	17.74	2.95	$27,670
Aug 1997	963	2,891	17.86	2.55	$24,585
Jul 1997	980	2,286	17.58	2.25	$22,365
Jun 1997	963	2,629	17.24	2.26	$22,536
May 1997	1,165	2,732	18.97	2.31	$28,407
Apr 1997	1,184	2,635	17.88	2.08	$26,658
Mar 1997	1,190	2,570	18.95	1.94	$27,534
Feb 1997	1,180	2,244	20.49	2.21	$29,128
Jan 1997	1,363	2,440	23.48	3.54	$40,640
Dec 1996	1,371	2,198	23.32	—	$31,972
Nov 1996	772	1,841	21.97	—	$16,961
Oct 1996	1,114	2,905	23.31	—	$25,967
Sep 1996	1,159	2,688	22.22	—	$25,753
Aug 1996	1,341	2,705	20.26	—	$27,169
Jul 1996	1,144	2,963	19.55	—	$22,365
Jun 1996	1,316	3,075	18.73	—	$24,649
May 1996	978	2,886	19.43	—	$19,003
Apr 1996	1,279	2,736	21.51	—	$27,511
Mar 1996	1,169	2,558	19.38	—	$22,655
Feb 1996	1,568	2,388	16.98	—	$26,625
Jan 1996	985	2,220	17.07	—	$16,814
Dec 1995	1,324	2,391	17.19	—	$22,760
Nov 1995	972	2,027	16.00	—	$15,552
Oct 1995	1,350	2,528	15.43	—	$20,831
Sep 1995	1,152	2,380	16.18	—	$18,639
Aug 1995	1,341	2,653	15.92	—	$21,349
Jul 1995	1,326	2,407	15.24	—	$20,208
Jun 1995	1,146	2,296	16.41	—	$18,806
May 1995	1,343	2,452	17.56	—	$23,583
Apr 1995	1,365	2,457	17.73	—	$24,201
Mar 1995	1,351	2,667	16.44	—	$22,210
Feb 1995	1,142	2,374	16.58	—	$18,934
Jan 1995	1,547	2,565	15.92	—	$24,628
Dec 1994	1,685	2,440	15.03	—	$25,326
Nov 1994	1,140	2,167	15.90	—	$18,126
Oct 1994	1,470	2,366	15.58	—	$22,903
Sep 1994	1,525	2,644	15.29	—	$23,317
Aug 1994	1,670	2,907	16.13	—	$26,937
Jul 1994	1,497	3,046	17.56	—	$26,287
Jun 1994	1,667	3,325	17.09	—	$28,489
May 1994	2,078	3,544	15.88	—	$32,999
Apr 1994	1,670	3,163	14.14	—	$23,614
Mar 1994	2,057	3,847	12.46	—	$25,630
Feb 1994	1,707	2,572	12.50	—	$21,338
Jan 1994	1,876	2,889	12.66	—	$23,750
Dec 1993	1,885	3,072	12.33	—	$23,242
Nov 1993	2,086	3,154	14.49	—	$30,226
Oct 1993	2,072	3,201	15.85	—	$32,841
Sep 1993	2,260	3,285	15.03	—	$33,968
Aug 1993	2,426	3,609	15.66	—	$37,991
Jul 1993	2,622	3,768	15.46	—	$40,536
Jun 1993	2,743	3,023	16.79	—	$46,055
May 1993	2,041	2,206	17.68	—	$36,085
Apr 1993	915	1,209	18.05	—	$16,516
Mar 1993	1,118	1,128	18.14	—	$20,281
Feb 1993	906	1	17.90	—	$16,217
Jan 1993	1,125	1	16.93	—	$19,046

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                  875 bbl  × $ 62.00 =    $54,250
Casinghead gas     2,760 Mcf  × $  7.55 =    $20,834

────────────────────────────────────────────────────
Month total                                  $75,084

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/33658 is the state's own key, not one this site invented.