LOVING FEE 'A'

Name: LOVING FEE 'A' lease production and value, Oct 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 34008District 08Field 24853400OilCasinghead gasSave Export

Value, all time

$2.1 M

Oct 1993 – Nov 2007

Value, last 12 filed months

$174 k

at the published price for each month

Months reported

170

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	61,212 bbl	$1,567,112
Casinghead gas	Production	140,453 Mcf	$574,004
Total			$2,141,116

38,065 Mcf of this lease's gas, across 39 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 31.8266, -103.5223. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.82661, -103.52227 · 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

6,583 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 6,581 and 6,585 ft, median 6,583 ft, over the 2 wells that filed a depth.

Completions filed

Sep 1993 – Jan 1994

2 of 2 wells

2 wells


42-30131015	4	6,585 ft	Jan 1994	—	Yes
42-30131011	2	6,581 ft	Sep 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 (170)

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

170 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	467	1,286	62.00	7.55	$38,661
May 2007	0	1,072	58.74	7.85	$8,411
Apr 2007	354	1,466	59.61	7.81	$32,544
Mar 2007	187	1,423	56.92	7.30	$21,035
Feb 2007	270	1,387	55.10	8.22	$26,273
Jan 2007	270	1,476	50.30	6.73	$23,510
Dec 2006	238	1,467	56.65	6.92	$23,632
Nov 2006	245	1,442	54.20	7.62	$24,263
Oct 2006	236	1,476	54.90	6.01	$21,833
Sep 2006	287	1,366	60.08	5.04	$24,124
Aug 2006	275	1,411	68.71	7.34	$29,252
Jul 2006	374	1,367	69.37	6.34	$34,615
Jun 2006	257	1,394	66.28	6.38	$25,933
May 2006	396	1,434	66.01	6.42	$35,353
Apr 2006	191	1,333	64.39	7.36	$22,110
Mar 2006	370	1,401	56.70	7.08	$30,902
Feb 2006	284	1,125	57.59	7.75	$25,076
Jan 2006	298	1,341	60.59	8.93	$30,035
Dec 2005	419	1,324	54.94	13.42	$40,782
Nov 2005	300	1,332	54.69	10.59	$30,511
Oct 2005	350	1,443	58.34	13.80	$40,326
Sep 2005	336	1,210	61.45	12.08	$35,263
Aug 2005	87	1,253	61.51	9.80	$17,627
Jul 2005	155	1,289	55.69	7.84	$18,742
Jun 2005	295	1,181	52.33	7.38	$24,154
May 2005	184	1,202	45.22	6.65	$16,315
Apr 2005	268	268	49.20	7.36	$15,158
Mar 2005	328	818	50.37	7.15	$22,374
Feb 2005	314	858	45.22	6.31	$19,615
Jan 2005	279	1,119	43.16	6.32	$19,116
Dec 2004	327	1,735	39.86	6.75	$24,747
Nov 2004	328	1,117	45.28	6.33	$21,923
Oct 2004	441	1,131	49.70	6.52	$29,286
Sep 2004	82	987	43.24	5.28	$8,761
Aug 2004	240	944	42.37	5.55	$15,409
Jul 2004	158	895	38.28	6.08	$11,494
Jun 2004	253	954	36.10	6.43	$15,270
May 2004	267	1,063	37.48	6.49	$16,911
Apr 2004	264	979	34.47	5.86	$14,836
Mar 2004	339	1,130	34.36	5.53	$17,897
Feb 2004	249	1,049	32.45	5.51	$13,860
Jan 2004	325	1,135	32.03	6.30	$17,560
Dec 2003	384	1,128	30.26	6.30	$18,728
Nov 2003	299	1,135	28.80	4.60	$13,827
Oct 2003	284	1,112	28.17	4.76	$13,293
Sep 2003	271	1,055	26.31	4.75	$12,141
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	390	1,011	26.59	5.97	$16,408
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	900	30.31	5.58	$13,874
Dec 2002	361	925	26.91	4.85	$14,204
Nov 2002	296	805	24.66	4.14	$10,630
Oct 2002	468	865	26.46	4.23	$16,041
Sep 2002	88	822	27.44	3.64	$5,403
Aug 2002	392	620	25.96	3.16	$12,138
Jul 2002	192	653	24.58	3.06	$6,719
Jun 2002	381	649	23.73	3.34	$11,208
May 2002	283	577	24.66	3.58	$9,047
Apr 2002	354	596	23.65	3.51	$10,465
Mar 2002	482	628	22.00	3.10	$12,553
Feb 2002	256	561	18.22	2.38	$5,997
Jan 2002	353	551	17.17	2.38	$7,370
Dec 2001	383	552	16.93	2.36	$7,789
Nov 2001	361	694	18.07	2.41	$8,193
Oct 2001	250	569	19.78	2.53	$6,384
Sep 2001	393	516	24.26	2.25	$10,696
Aug 2001	353	546	24.87	3.05	$10,446
Jul 2001	320	555	23.93	3.20	$9,432
Jun 2001	304	551	24.56	3.82	$9,573
May 2001	259	539	25.52	4.31	$8,931
Apr 2001	264	531	24.68	5.34	$9,349
Mar 2001	331	542	24.54	5.38	$11,037
Feb 2001	254	465	27.75	5.77	$9,730
Jan 2001	208	269	27.47	8.40	$7,973
Dec 2000	456	640	26.88	9.12	$18,096
Nov 2000	352	644	32.21	5.66	$14,982
Oct 2000	382	611	31.23	5.15	$15,074
Sep 2000	367	624	31.87	5.19	$14,933
Aug 2000	303	667	29.64	4.54	$12,010
Jul 2000	201	379	28.53	4.09	$7,285
Jun 2000	417	612	29.30	4.40	$14,909
May 2000	258	535	27.26	3.68	$9,002
Apr 2000	363	545	24.51	3.12	$10,595
Mar 2000	374	507	28.42	2.86	$12,079
Feb 2000	195	495	27.62	2.73	$6,736
Jan 2000	395	540	25.27	2.48	$11,321
Dec 1999	326	469	24.28	2.42	$9,052
Nov 1999	365	545	23.19	2.43	$9,791
Oct 1999	273	530	20.98	2.80	$7,214
Sep 1999	380	582	21.75	2.62	$9,789
Aug 1999	281	530	19.26	2.88	$6,936
Jul 1999	476	498	17.89	2.37	$9,697
Jun 1999	148	453	15.94	2.36	$3,429
May 1999	295	542	15.79	2.32	$5,916
Apr 1999	451	535	15.10	2.21	$7,991
Mar 1999	305	523	12.47	1.84	$4,765
Feb 1999	285	497	9.98	1.82	$3,748
Jan 1999	281	541	10.38	1.90	$3,945
Dec 1998	416	408	9.20	1.77	$4,551
Nov 1998	352	394	10.89	2.19	$4,694
Oct 1998	296	335	12.42	1.97	$4,336
Sep 1998	284	737	12.59	2.08	$5,110
Aug 1998	377	542	11.30	1.91	$5,294
Jul 1998	297	456	11.74	2.24	$4,507
Jun 1998	402	485	11.24	2.24	$5,604
May 1998	370	408	12.62	2.21	$5,570
Apr 1998	354	380	13.04	2.51	$5,568
Mar 1998	209	496	12.80	2.31	$3,821
Feb 1998	284	386	13.95	2.30	$4,849
Jan 1998	365	479	14.70	2.15	$6,398
Dec 1997	342	469	16.32	2.41	$6,712
Nov 1997	253	449	18.19	3.09	$5,989
Oct 1997	276	427	19.25	3.15	$6,658
Sep 1997	286	479	17.74	2.95	$6,489
Aug 1997	285	555	17.86	2.55	$6,508
Jul 1997	331	562	17.58	2.25	$7,082
Jun 1997	247	491	17.24	2.26	$5,367
May 1997	293	540	18.97	2.31	$6,805
Apr 1997	326	628	17.88	2.08	$7,137
Mar 1997	413	685	18.95	1.94	$9,155
Feb 1997	313	583	20.49	2.21	$7,699
Jan 1997	468	643	23.48	3.54	$13,265
Dec 1996	492	570	23.32	—	$11,473
Nov 1996	449	538	21.97	—	$9,865
Oct 1996	618	766	23.31	—	$14,406
Sep 1996	242	724	22.22	—	$5,377
Aug 1996	459	549	20.26	—	$9,299
Jul 1996	535	693	19.55	—	$10,459
Jun 1996	223	755	18.73	—	$4,177
May 1996	464	938	19.43	—	$9,016
Apr 1996	458	923	21.51	—	$9,852
Mar 1996	561	782	19.38	—	$10,872
Feb 1996	447	907	16.98	—	$7,590
Jan 1996	415	912	17.07	—	$7,084
Dec 1995	293	591	17.19	—	$5,037
Nov 1995	429	577	16.00	—	$6,864
Oct 1995	583	694	15.43	—	$8,996
Sep 1995	419	614	16.18	—	$6,779
Aug 1995	358	478	15.92	—	$5,699
Jul 1995	392	627	15.24	—	$5,974
Jun 1995	493	665	16.41	—	$8,090
May 1995	526	744	17.56	—	$9,237
Apr 1995	476	776	17.73	—	$8,439
Mar 1995	869	1,172	16.44	—	$14,286
Feb 1995	578	1,033	16.58	—	$9,583
Jan 1995	578	800	15.92	—	$9,202
Dec 1994	884	1,081	15.03	—	$13,287
Nov 1994	792	1,457	15.90	—	$12,593
Oct 1994	1,000	1,709	15.58	—	$15,580
Sep 1994	1,079	1,813	15.29	—	$16,498
Aug 1994	1,079	1,192	16.13	—	$17,404
Jul 1994	486	802	17.56	—	$8,534
Jun 1994	371	518	17.09	—	$6,340
May 1994	864	1,803	15.88	—	$13,720
Apr 1994	866	2,210	14.14	—	$12,245
Mar 1994	1,074	2,245	12.46	—	$13,382
Feb 1994	1,372	2,179	12.50	—	$17,150
Jan 1994	374	776	12.66	—	$4,735
Dec 1993	545	1,812	12.33	—	$6,720
Nov 1993	394	600	14.49	—	$5,709
Oct 1993	0	40	15.85	—	$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                  467 bbl  × $ 62.00 =    $28,954
Casinghead gas     1,286 Mcf  × $  7.55 =     $9,707

────────────────────────────────────────────────────
Month total                                  $38,661

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/34008 is the state's own key, not one this site invented.