LOVING FEE 'A'

Name: LOVING FEE 'A' lease production and value, Jun 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 DIMMIT, NORTHEAST (DELAWARE SD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 33872District 08Field 24862300OilCasinghead gasSave Export

Value, all time

$2.1 M

Jun 1993 – Dec 2007

Value, last 12 filed months

$164 k

at the published price for each month

Months reported

175

no gaps in the span

Streams

oil, casinghead gas

The DIMMIT, NORTHEAST (DELAWARE SD) 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 31 leases and 67 wells, and the rule below applies to all of them.

Discovered

1982-06-11

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	53,617 bbl	$1,471,361
Casinghead gas	Production	132,252 Mcf	$601,964
Total			$2,073,324

24,711 Mcf of this lease's gas, across 43 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 31.8301, -103.5178. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.83011, -103.51776 · 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

5,791 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 4,981 and 6,601 ft, median 5,791 ft, over the 2 wells that filed a depth.

Completions filed

May 1993 – Sep 1994

2 of 2 wells

2 wells


42-30131024	3	4,981 ft	Sep 1994	—	Yes
42-30131004	1	6,601 ft	May 1993	—	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 (175)

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

175 months


Dec 2007	0	0	88.33	7.30	$0
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	528	1,745	62.00	7.55	$45,908
May 2007	0	1,071	58.74	7.85	$8,403
Apr 2007	399	1,466	59.61	7.81	$35,227
Mar 2007	210	1,423	56.92	7.30	$22,344
Feb 2007	292	1,386	55.10	8.22	$27,477
Jan 2007	293	1,413	50.30	6.73	$24,243
Dec 2006	327	1,466	56.65	6.92	$28,667
Nov 2006	353	1,442	54.20	7.62	$30,117
Oct 2006	333	1,413	54.90	6.01	$26,779
Sep 2006	257	1,305	60.08	5.04	$22,014
Aug 2006	244	1,395	68.71	7.34	$27,004
Jul 2006	339	1,397	69.37	6.34	$32,377
Jun 2006	228	1,364	66.28	6.38	$23,819
May 2006	352	1,402	66.01	6.42	$32,243
Apr 2006	173	1,364	64.39	7.36	$21,179
Mar 2006	335	1,432	56.70	7.08	$29,137
Feb 2006	267	1,154	57.59	7.75	$24,321
Jan 2006	266	1,340	60.59	8.93	$28,088
Dec 2005	381	1,355	54.94	13.42	$39,110
Nov 2005	268	1,349	54.69	10.59	$28,941
Oct 2005	385	1,317	58.34	13.80	$40,630
Sep 2005	393	1,119	61.45	12.08	$37,666
Aug 2005	105	1,190	61.51	9.80	$18,117
Jul 2005	152	1,351	55.69	7.84	$19,062
Jun 2005	241	1,368	52.33	7.38	$22,709
May 2005	362	1,378	45.22	6.65	$25,535
Apr 2005	322	1,304	49.20	7.36	$25,440
Mar 2005	448	1,226	50.37	7.15	$31,338
Feb 2005	280	638	45.22	6.31	$16,689
Jan 2005	252	832	43.16	6.32	$16,136
Dec 2004	411	788	39.86	6.75	$21,702
Nov 2004	383	1,087	45.28	6.33	$24,223
Oct 2004	518	1,166	49.70	6.52	$33,341
Sep 2004	96	1,018	43.24	5.28	$9,530
Aug 2004	282	959	42.37	5.55	$17,271
Jul 2004	185	865	38.28	6.08	$12,345
Jun 2004	252	955	36.10	6.43	$15,241
May 2004	267	1,063	37.48	6.49	$16,911
Apr 2004	264	951	34.47	5.86	$14,671
Mar 2004	339	1,098	34.36	5.53	$17,720
Feb 2004	249	1,020	32.45	5.51	$13,700
Jan 2004	326	1,103	32.03	6.30	$17,390
Dec 2003	384	1,129	30.26	6.30	$18,734
Nov 2003	299	1,104	28.80	4.60	$13,684
Oct 2003	283	1,113	28.17	4.76	$13,270
Sep 2003	272	1,056	26.31	4.75	$12,172
Aug 2003	369	1,004	29.76	5.13	$16,132
Jul 2003	277	1,000	29.41	5.17	$13,317
Jun 2003	293	506	28.56	5.98	$11,395
May 2003	391	1,012	26.59	5.97	$16,441
Apr 2003	187	954	26.67	5.41	$10,146
Mar 2003	389	992	31.14	6.10	$18,161
Feb 2003	299	866	33.48	7.93	$16,874
Jan 2003	292	895	30.31	5.58	$13,846
Dec 2002	361	926	26.91	4.85	$14,209
Nov 2002	296	805	24.66	4.14	$10,630
Oct 2002	469	866	26.46	4.23	$16,072
Sep 2002	88	821	27.44	3.64	$5,399
Aug 2002	392	1,029	25.96	3.16	$13,432
Jul 2002	192	1,085	24.58	3.06	$8,041
Jun 2002	381	1,077	23.73	3.34	$12,636
May 2002	283	957	24.66	3.58	$10,409
Apr 2002	400	1,022	23.65	3.51	$13,050
Mar 2002	308	1,021	22.00	3.10	$9,944
Feb 2002	138	884	18.22	2.38	$4,614
Jan 2002	381	1,076	17.17	2.38	$9,098
Dec 2001	413	1,109	16.93	2.36	$9,614
Nov 2001	407	815	18.07	2.41	$9,315
Oct 2001	321	969	19.78	2.53	$8,800
Sep 2001	305	776	24.26	2.25	$9,146
Aug 2001	364	859	24.87	3.05	$11,675
Jul 2001	223	834	23.93	3.20	$8,003
Jun 2001	212	647	24.56	3.82	$7,681
May 2001	296	768	25.52	4.31	$10,862
Apr 2001	301	923	24.68	5.34	$12,353
Mar 2001	401	924	24.54	5.38	$14,808
Feb 2001	325	826	27.75	5.77	$13,782
Jan 2001	347	812	27.47	8.40	$16,352
Dec 2000	473	814	26.88	9.12	$20,140
Nov 2000	403	889	32.21	5.66	$18,011
Oct 2000	360	796	31.23	5.15	$15,339
Sep 2000	356	647	31.87	5.19	$14,701
Aug 2000	268	607	29.64	4.54	$10,700
Jul 2000	347	557	28.53	4.09	$12,178
Jun 2000	311	501	29.30	4.40	$11,315
May 2000	300	585	27.26	3.68	$10,331
Apr 2000	411	729	24.51	3.12	$12,345
Mar 2000	370	646	28.42	2.86	$12,363
Feb 2000	181	476	27.62	2.73	$6,297
Jan 2000	396	453	25.27	2.48	$11,131
Dec 1999	232	443	24.28	2.42	$6,707
Nov 1999	182	349	23.19	2.43	$5,070
Oct 1999	119	238	20.98	2.80	$3,164
Sep 1999	205	257	21.75	2.62	$5,132
Aug 1999	106	252	19.26	2.88	$2,766
Jul 1999	125	213	17.89	2.37	$2,742
Jun 1999	50	151	15.94	2.36	$1,154
May 1999	95	221	15.79	2.32	$2,013
Apr 1999	153	198	15.10	2.21	$2,747
Mar 1999	102	214	12.47	1.84	$1,665
Feb 1999	122	183	9.98	1.82	$1,550
Jan 1999	118	161	10.38	1.90	$1,531
Dec 1998	175	183	9.20	1.77	$1,935
Nov 1998	234	249	10.89	2.19	$3,093
Oct 1998	297	424	12.42	1.97	$4,524
Sep 1998	295	283	12.59	2.08	$4,303
Aug 1998	416	443	11.30	1.91	$5,546
Jul 1998	297	643	11.74	2.24	$4,925
Jun 1998	367	447	11.24	2.24	$5,125
May 1998	413	666	12.62	2.21	$6,681
Apr 1998	435	706	13.04	2.51	$7,441
Mar 1998	174	517	12.80	2.31	$3,421
Feb 1998	296	389	13.95	2.30	$5,024
Jan 1998	441	662	14.70	2.15	$7,909
Dec 1997	445	676	16.32	2.41	$8,892
Nov 1997	322	589	18.19	3.09	$7,676
Oct 1997	514	521	19.25	3.15	$11,536
Sep 1997	486	391	17.74	2.95	$9,777
Aug 1997	486	671	17.86	2.55	$10,394
Jul 1997	438	478	17.58	2.25	$8,774
Jun 1997	327	599	17.24	2.26	$6,990
May 1997	293	442	18.97	2.31	$6,579
Apr 1997	458	535	17.88	2.08	$9,303
Mar 1997	186	420	18.95	1.94	$4,339
Feb 1997	451	561	20.49	2.21	$10,479
Jan 1997	299	526	23.48	3.54	$8,882
Dec 1996	289	641	23.32	—	$6,739
Nov 1996	325	497	21.97	—	$7,140
Oct 1996	363	482	23.31	—	$8,462
Sep 1996	149	483	22.22	—	$3,311
Aug 1996	497	645	20.26	—	$10,069
Jul 1996	421	693	19.55	—	$8,231
Jun 1996	169	570	18.73	—	$3,165
May 1996	322	652	19.43	—	$6,256
Apr 1996	305	641	21.51	—	$6,561
Mar 1996	423	694	19.38	—	$8,198
Feb 1996	338	658	16.98	—	$5,739
Jan 1996	383	717	17.07	—	$6,538
Dec 1995	305	465	17.19	—	$5,243
Nov 1995	366	533	16.00	—	$5,856
Oct 1995	205	466	15.43	—	$3,163
Sep 1995	357	502	16.18	—	$5,776
Aug 1995	420	661	15.92	—	$6,686
Jul 1995	377	593	15.24	—	$5,745
Jun 1995	277	780	16.41	—	$4,546
May 1995	448	678	17.56	—	$7,867
Apr 1995	304	610	17.73	—	$5,390
Mar 1995	238	631	16.44	—	$3,913
Feb 1995	386	557	16.58	—	$6,400
Jan 1995	385	768	15.92	—	$6,129
Dec 1994	615	922	15.03	—	$9,243
Nov 1994	551	1,144	15.90	—	$8,761
Oct 1994	492	921	15.58	—	$7,665
Sep 1994	253	661	15.29	—	$3,868
Aug 1994	237	244	16.13	—	$3,823
Jul 1994	236	268	17.56	—	$4,144
Jun 1994	181	307	17.09	—	$3,093
May 1994	203	223	15.88	—	$3,224
Apr 1994	203	258	14.14	—	$2,870
Mar 1994	252	222	12.46	—	$3,140
Feb 1994	366	614	12.50	—	$4,575
Jan 1994	375	777	12.66	—	$4,748
Dec 1993	394	398	12.33	—	$4,858
Nov 1993	529	900	14.49	—	$7,665
Oct 1993	382	565	15.85	—	$6,055
Sep 1993	568	372	15.03	—	$8,537
Aug 1993	565	666	15.66	—	$8,848
Jul 1993	1,137	572	15.46	—	$17,578
Jun 1993	0	60	16.79	—	$0

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                  528 bbl  × $ 62.00 =    $32,736
Casinghead gas     1,745 Mcf  × $  7.55 =    $13,172

────────────────────────────────────────────────────
Month total                                  $45,908

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/33872 is the state's own key, not one this site invented.