LOVING 'AY' FEE OIL UNIT

Name: LOVING 'AY' FEE OIL UNIT lease production and value, May 1997 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by DIAMONDBACK E&P LLC (P-5 217012) in the FORD, EAST (DELAWARE SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 35380District 08Field 31908500OilCasinghead gasSave Export

Value, all time

$4.8 M

May 1997 – Jun 2021

Value, last 12 filed months

$2 k

at the published price for each month

Months reported

290

no gaps in the span

Streams

oil, casinghead gas

The FORD, EAST (DELAWARE SAND) 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 24 leases and 150 wells, and the rule below applies to all of them.

Discovered

1963-09-01

as the register files it

Field class

Oil

the register's own label

Between wells

800 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 20 acres.

The Commission's schedule remark for this field reads: “OP 20 ACRE UNIT”

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	73,386 bbl	$3,846,903
Casinghead gas	Production	199,635 Mcf	$922,829
Total			$4,769,732

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 31.9929, -103.9471. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.99287, -103.94714 · 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

100.0%

2 of 2 wells

Median depth

5,154 ft

2 wells filed one

Completion to plug

10.2 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

2100.0%

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

2100.0%

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 5,132 and 5,175 ft, median 5,154 ft, over the 2 wells that filed a depth.

Completions filed

Nov 2002 – Oct 2016

2 of 2 wells

Plug dates filed

Jul 2019 – Jun 2020

2 of 2 wells

Last completion to plug: a median of 10.2 years across the 2 wells that filed both dates, with the middle half between 6.5 years and 13.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-30130789	1	5,175 ft	Oct 2016	Jul 2019	Yes
42-30130875	2	5,132 ft	Nov 2002	Jun 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 (290)

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

290 months


Jun 2021	0	0	69.49	3.38	$0
May 2021	0	0	63.48	3.02	$0
Apr 2021	0	0	60.36	2.76	$0
Mar 2021	0	0	61.30	2.72	$0
Feb 2021	0	0	57.80	5.55	$0
Jan 2021	0	0	50.41	2.81	$0
Dec 2020	0	0	44.64	2.68	$0
Nov 2020	0	0	38.77	2.71	$0
Oct 2020	0	0	36.97	2.48	$0
Sep 2020	0	0	37.09	1.99	$0
Aug 2020	0	0	39.98	2.39	$0
Jul 2020	63	0	38.37	1.83	$2,417
Jun 2020	0	0	34.90	1.69	$0
May 2020	0	0	16.92	1.81	$0
Apr 2020	0	42	14.75	1.80	$76
Mar 2020	0	0	30.34	1.86	$0
Feb 2020	114	61	49.88	1.98	$5,807
Jan 2020	0	100	57.25	2.09	$209
Dec 2019	0	104	59.01	2.30	$240
Nov 2019	0	95	55.30	2.75	$261
Oct 2019	0	0	53.47	2.42	$0
Sep 2019	0	0	55.05	2.66	$0
Aug 2019	10	0	53.11	2.30	$531
Jul 2019	74	0	56.27	2.46	$4,164
Jun 2019	0	573	52.78	2.49	$1,427
May 2019	80	548	58.48	2.74	$6,180
Apr 2019	0	649	62.63	2.75	$1,785
Mar 2019	112	258	56.80	3.06	$7,152
Feb 2019	0	1,064	50.85	2.79	$2,971
Jan 2019	0	997	46.03	3.23	$3,219
Dec 2018	64	130	46.59	4.19	$3,526
Nov 2018	0	592	52.93	4.24	$2,508
Oct 2018	33	979	61.44	3.40	$5,354
Sep 2018	0	791	59.54	3.11	$2,458
Aug 2018	29	426	59.40	3.07	$3,029
Jul 2018	62	225	65.14	2.93	$4,698
Jun 2018	32	744	60.18	3.08	$4,215
May 2018	145	1,142	65.38	2.90	$12,793
Apr 2018	97	1,677	63.84	2.90	$11,057
Mar 2018	94	468	61.22	2.79	$7,059
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	274	62.87	4.01	$1,099
Dec 2017	24	1,043	57.27	2.92	$4,422
Nov 2017	55	558	55.42	3.12	$4,788
Oct 2017	0	138	49.29	2.98	$412
Sep 2017	32	558	47.52	3.09	$3,243
Aug 2017	24	385	45.37	3.00	$2,246
Jul 2017	23	0	43.87	3.09	$1,009
Jun 2017	71	713	42.49	3.09	$5,218
May 2017	118	974	45.37	3.26	$8,532
Apr 2017	109	891	47.93	3.21	$8,086
Mar 2017	54	1,127	46.77	2.98	$5,888
Feb 2017	55	927	50.45	2.95	$5,512
Jan 2017	62	916	49.41	3.42	$6,195
Dec 2016	75	920	48.76	3.72	$7,082
Nov 2016	84	969	42.49	2.64	$6,132
Oct 2016	102	1,118	46.19	3.09	$8,166
Sep 2016	93	530	41.55	3.10	$5,507
Aug 2016	92	320	41.44	2.92	$4,748
Jul 2016	141	0	41.62	2.92	$5,868
Jun 2016	81	588	45.35	2.69	$5,253
May 2016	72	637	42.52	1.99	$4,330
Apr 2016	132	841	36.56	1.99	$6,500
Mar 2016	200	1,232	33.01	1.79	$8,812
Feb 2016	295	1,346	26.47	2.06	$10,586
Jan 2016	296	1,365	27.35	2.36	$11,323
Dec 2015	249	1,551	32.36	2.00	$11,162
Nov 2015	312	1,443	38.79	2.17	$15,230
Oct 2015	356	1,379	43.55	2.43	$18,850
Sep 2015	213	1,117	42.99	2.76	$12,238
Aug 2015	274	1,376	40.16	2.87	$14,956
Jul 2015	310	1,322	48.15	2.95	$18,820
Jun 2015	220	1,287	56.15	2.88	$16,063
May 2015	296	1,241	55.21	2.96	$20,010
Apr 2015	298	645	49.82	2.71	$16,592
Mar 2015	379	1,294	42.89	2.93	$20,053
Feb 2015	262	675	44.66	2.98	$13,710
Jan 2015	338	999	43.43	3.10	$17,777
Dec 2014	293	1,471	54.69	3.59	$21,307
Nov 2014	165	1,346	70.46	4.25	$17,349
Oct 2014	126	305	78.30	3.90	$11,056
Sep 2014	209	811	86.16	4.05	$21,288
Aug 2014	214	827	89.39	4.04	$22,467
Jul 2014	359	1,293	96.56	4.18	$40,069
Jun 2014	303	1,234	98.16	4.74	$35,588
May 2014	368	1,223	94.73	4.73	$40,641
Apr 2014	406	1,167	95.94	4.81	$44,564
Mar 2014	401	1,307	95.89	5.06	$45,061
Feb 2014	246	1,224	97.40	6.19	$31,539
Jan 2014	357	1,281	90.40	4.86	$38,499
Dec 2013	352	1,034	91.82	4.35	$36,823
Nov 2013	234	548	88.85	3.74	$22,839
Oct 2013	252	688	97.42	3.78	$27,150
Sep 2013	307	171	104.11	3.72	$32,598
Aug 2013	392	202	104.25	3.52	$41,578
Jul 2013	343	146	102.52	3.72	$35,707
Jun 2013	336	43	94.40	3.93	$31,888
May 2013	321	212	94.83	4.15	$31,320
Apr 2013	277	811	93.96	4.28	$29,500
Mar 2013	412	763	93.62	3.91	$41,557
Feb 2013	218	400	91.23	3.42	$21,256
Jan 2013	185	203	91.60	3.42	$17,640
Dec 2012	150	234	86.77	3.42	$13,816
Nov 2012	112	0	86.95	3.62	$9,738
Oct 2012	82	16	89.38	3.40	$7,384
Sep 2012	145	224	94.67	2.92	$14,381
Aug 2012	117	64	92.66	2.91	$11,027
Jul 2012	217	0	85.13	3.02	$18,473
Jun 2012	246	582	79.82	2.52	$21,102
May 2012	208	432	91.61	2.49	$20,130
Apr 2012	206	700	101.65	2.00	$22,338
Mar 2012	267	713	105.05	2.22	$29,633
Feb 2012	230	726	101.10	2.57	$25,119
Jan 2012	328	741	98.09	2.73	$34,199
Dec 2011	160	924	96.87	3.24	$18,493
Nov 2011	271	725	95.72	3.31	$28,341
Oct 2011	323	781	84.98	3.65	$30,298
Sep 2011	282	804	83.62	3.99	$26,785
Aug 2011	279	476	83.40	4.15	$25,244
Jul 2011	268	0	94.14	4.52	$25,230
Jun 2011	402	270	92.90	4.64	$38,599
May 2011	667	323	98.13	4.40	$66,875
Apr 2011	520	170	105.96	4.33	$55,836
Mar 2011	572	224	96.36	4.06	$56,027
Feb 2011	476	160	85.64	4.18	$41,433
Jan 2011	495	0	86.50	4.59	$42,818
Dec 2010	473	0	85.73	4.35	$40,550
Nov 2010	446	0	80.84	3.80	$36,055
Oct 2010	531	244	78.10	3.51	$42,327
Sep 2010	596	752	72.63	3.98	$46,280
Aug 2010	858	923	73.68	4.42	$67,297
Jul 2010	619	1,295	72.55	4.74	$51,042
Jun 2010	430	606	70.36	4.91	$33,231
May 2010	501	765	71.12	4.24	$38,871
Apr 2010	506	1,007	81.69	4.12	$45,487
Mar 2010	749	870	78.39	4.39	$62,532
Feb 2010	515	1,221	73.58	5.44	$44,539
Jan 2010	435	911	74.36	5.96	$37,780
Dec 2009	283	705	71.44	5.48	$24,084
Nov 2009	268	977	74.59	3.75	$23,655
Oct 2009	236	866	72.54	4.11	$20,679
Sep 2009	233	653	65.54	3.06	$17,272
Aug 2009	232	736	67.42	3.22	$18,010
Jul 2009	201	825	61.13	3.46	$15,145
Jun 2009	311	924	66.16	3.90	$24,175
May 2009	237	983	54.74	3.93	$16,832
Apr 2009	428	941	46.77	3.59	$23,393
Mar 2009	337	1,022	42.14	4.06	$18,349
Feb 2009	245	838	32.81	4.63	$11,921
Jan 2009	294	936	35.86	5.37	$15,570
Dec 2008	302	1,007	37.10	5.98	$17,223
Nov 2008	211	828	55.49	6.86	$17,389
Oct 2008	314	1,055	75.24	6.92	$30,928
Sep 2008	230	316	101.76	7.88	$25,894
Aug 2008	275	769	114.22	8.48	$37,934
Jul 2008	178	728	131.08	11.39	$31,624
Jun 2008	210	850	131.33	13.03	$38,657
May 2008	372	990	123.17	11.57	$57,278
Apr 2008	312	1,018	110.31	10.45	$45,060
Mar 2008	53	480	101.90	9.66	$10,039
Feb 2008	78	60	92.53	8.77	$7,744
Jan 2008	209	263	90.38	8.21	$21,048
Dec 2007	223	347	88.33	7.30	$22,231
Nov 2007	280	612	91.67	7.29	$30,130
Oct 2007	357	597	82.85	6.92	$33,710
Sep 2007	225	595	75.84	6.24	$20,779
Aug 2007	217	414	69.06	6.39	$17,631
Jul 2007	292	589	70.90	6.39	$24,465
Jun 2007	237	551	62.00	7.55	$18,853
May 2007	272	521	58.74	7.85	$20,065
Apr 2007	108	59	59.61	7.81	$6,898
Mar 2007	214	450	56.92	7.30	$15,467
Feb 2007	233	720	55.10	8.22	$18,754
Jan 2007	428	916	50.30	6.73	$27,690
Dec 2006	298	807	56.65	6.92	$22,465
Nov 2006	300	900	54.20	7.62	$23,116
Oct 2006	125	395	54.90	6.01	$9,238
Sep 2006	250	941	60.08	5.04	$19,760
Aug 2006	305	913	68.71	7.34	$27,658
Jul 2006	380	872	69.37	6.34	$31,891
Jun 2006	256	908	66.28	6.38	$22,764
May 2006	242	991	66.01	6.42	$22,342
Apr 2006	198	1,127	64.39	7.36	$21,044
Mar 2006	136	676	56.70	7.08	$12,499
Feb 2006	173	670	57.59	7.75	$15,156
Jan 2006	234	904	60.59	8.93	$22,254
Dec 2005	377	637	54.94	13.42	$29,258
Nov 2005	308	1,076	54.69	10.59	$28,238
Oct 2005	220	1,153	58.34	13.80	$28,741
Sep 2005	95	438	61.45	12.08	$11,128
Aug 2005	225	1,104	61.51	9.80	$24,655
Jul 2005	177	1,034	55.69	7.84	$17,967
Jun 2005	222	1,374	52.33	7.38	$21,759
May 2005	183	1,245	45.22	6.65	$16,556
Apr 2005	212	1,233	49.20	7.36	$19,506
Mar 2005	309	1,198	50.37	7.15	$24,136
Feb 2005	261	1,129	45.22	6.31	$18,929
Jan 2005	350	1,107	43.16	6.32	$22,105
Dec 2004	336	1,124	39.86	6.75	$20,981
Nov 2004	307	1,188	45.28	6.33	$21,422
Oct 2004	388	1,337	49.70	6.52	$27,994
Sep 2004	192	1,138	43.24	5.28	$14,315
Aug 2004	248	1,303	42.37	5.55	$17,740
Jul 2004	334	1,184	38.28	6.08	$19,989
Jun 2004	257	965	36.10	6.43	$15,486
May 2004	428	1,031	37.48	6.49	$22,737
Apr 2004	259	1,300	34.47	5.86	$16,544
Mar 2004	293	1,460	34.36	5.53	$18,141
Feb 2004	378	993	32.45	5.51	$17,737
Jan 2004	315	1,075	32.03	6.30	$16,862
Dec 2003	326	967	30.26	6.30	$15,958
Nov 2003	305	1,040	28.80	4.60	$13,563
Oct 2003	301	1,078	28.17	4.76	$13,610
Sep 2003	298	1,148	26.31	4.75	$13,293
Aug 2003	362	1,237	29.76	5.13	$17,119
Jul 2003	277	1,266	29.41	5.17	$14,693
Jun 2003	423	1,409	28.56	5.98	$20,511
May 2003	329	1,445	26.59	5.97	$17,379
Apr 2003	315	1,161	26.67	5.41	$14,679
Mar 2003	344	1,313	31.14	6.10	$18,716
Feb 2003	371	1,314	33.48	7.93	$22,836
Jan 2003	305	1,280	30.31	5.58	$16,390
Dec 2002	241	1,320	26.91	4.85	$12,892
Nov 2002	216	787	24.66	4.14	$8,582
Oct 2002	281	348	26.46	4.23	$8,907
Sep 2002	208	663	27.44	3.64	$8,118
Aug 2002	261	535	25.96	3.16	$8,468
Jul 2002	224	465	24.58	3.06	$6,930
Jun 2002	247	462	23.73	3.34	$7,404
May 2002	358	442	24.66	3.58	$10,412
Apr 2002	291	433	23.65	3.51	$8,403
Mar 2002	208	526	22.00	3.10	$6,208
Feb 2002	228	355	18.22	2.38	$4,998
Jan 2002	62	240	17.17	2.38	$1,635
Dec 2001	98	245	16.93	2.36	$2,238
Nov 2001	80	383	18.07	2.41	$2,367
Oct 2001	169	355	19.78	2.53	$4,241
Sep 2001	216	367	24.26	2.25	$6,066
Aug 2001	247	98	24.87	3.05	$6,442
Jul 2001	274	587	23.93	3.20	$8,434
Jun 2001	289	608	24.56	3.82	$9,423
May 2001	265	643	25.52	4.31	$9,532
Apr 2001	280	626	24.68	5.34	$10,250
Mar 2001	418	646	24.54	5.38	$13,731
Feb 2001	398	485	27.75	5.77	$13,842
Jan 2001	422	511	27.47	8.40	$15,884
Dec 2000	324	55	26.88	9.12	$9,211
Nov 2000	382	578	32.21	5.66	$15,575
Oct 2000	432	650	31.23	5.15	$16,836
Sep 2000	345	750	31.87	5.19	$14,885
Aug 2000	369	699	29.64	4.54	$14,111
Jul 2000	421	720	28.53	4.09	$14,956
Jun 2000	360	709	29.30	4.40	$13,666
May 2000	375	689	27.26	3.68	$12,758
Apr 2000	344	676	24.51	3.12	$10,538
Mar 2000	386	593	28.42	2.86	$12,666
Feb 2000	385	588	27.62	2.73	$12,237
Jan 2000	410	674	25.27	2.48	$12,033
Dec 1999	465	685	24.28	2.42	$12,950
Nov 1999	328	723	23.19	2.43	$9,366
Oct 1999	467	636	20.98	2.80	$11,581
Sep 1999	390	623	21.75	2.62	$10,114
Aug 1999	458	559	19.26	2.88	$10,429
Jul 1999	437	621	17.89	2.37	$9,291
Jun 1999	373	546	15.94	2.36	$7,235
May 1999	329	519	15.79	2.32	$6,400
Apr 1999	366	638	15.10	2.21	$6,935
Mar 1999	441	613	12.47	1.84	$6,626
Feb 1999	420	519	9.98	1.82	$5,135
Jan 1999	322	584	10.38	1.90	$4,452
Dec 1998	284	691	9.20	1.77	$3,838
Nov 1998	273	735	10.89	2.19	$4,579
Oct 1998	356	836	12.42	1.97	$6,068
Sep 1998	370	891	12.59	2.08	$6,514
Aug 1998	381	1,083	11.30	1.91	$6,371
Jul 1998	480	1,178	11.74	2.24	$8,271
Jun 1998	648	860	11.24	2.24	$9,208
May 1998	939	432	12.62	2.21	$12,803
Apr 1998	305	645	13.04	2.51	$5,593
Mar 1998	460	432	12.80	2.31	$6,886
Feb 1998	255	490	13.95	2.30	$4,684
Jan 1998	412	378	14.70	2.15	$6,871
Dec 1997	391	619	16.32	2.41	$7,874
Nov 1997	314	789	18.19	3.09	$8,148
Oct 1997	395	1,239	19.25	3.15	$11,506
Sep 1997	493	1,431	17.74	2.95	$12,974
Aug 1997	530	1,581	17.86	2.55	$13,505
Jul 1997	227	353	17.58	2.25	$4,784
Jun 1997	160	215	17.24	2.26	$3,244
May 1997	177	294	18.97	2.31	$4,036

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.

Jul 2020 — as filed, then multipliedworked

Oil                   63 bbl  × $ 38.37 =     $2,417
Casinghead gas         0 Mcf  × $  1.83 =         $0

────────────────────────────────────────────────────
Month total                                   $2,417

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/35380 is the state's own key, not one this site invented.