LOVING AM FEE

Operated by WATUSI ENERGY LLC (P-5 902551) in the DIMMITT (DELAWARE CONS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 38262District 08Field 24853600Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2.3 M
Jul 2007 – May 2026
Value, last 12 filed months
$96 k
at the published price for each month
Months reported
227
no gaps in the span
Streams
2
oil, casinghead gas

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 109 leases and 325 wells, and the rule below applies to all of them.

Discovered
2007-03-29
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2007-07-01.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: 9/11/2012.

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.

StreamBasisVolumeValue
OilDisposition28,626 bbl$2,077,392
Casinghead gasProduction61,257 Mcf$269,259
Total$2,346,651

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 31.7943, -103.5381. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.79431, -103.53808 · centre of the wells drawn, derived

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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
6,435 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
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.
1100.0%

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 6,435 ft.

Completions filed
May 1988
1 of 1 wells

1 well

42-3013076816,435 ftMay 1988

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 (227)

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

227 months

May 202600106.413.05$0
Apr 2026176098.932.87$17,412
Mar 2026175089.753.15$15,706
Feb 2026258063.503.75$16,383
Jan 2026200059.138.00$11,826
Dec 2025267056.664.41$15,128
Nov 2025145058.593.93$8,496
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 202588066.743.32$5,873
Jun 202584066.483.13$5,584
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 202578067.704.27$5,281
Feb 2025175070.884.34$12,404
Jan 202591074.324.28$6,763
Dec 2024176068.993.12$12,142
Nov 202487069.052.20$6,007
Oct 2024259071.372.28$18,485
Sep 2024238069.612.36$16,567
Aug 20240075.632.06$0
Jul 2024173079.932.15$13,828
Jun 2024168078.082.63$13,117
May 2024164078.812.20$12,925
Apr 2024167084.451.66$14,103
Mar 2024153080.301.55$12,286
Feb 2024168076.091.78$12,783
Jan 20240073.023.30$0
Dec 2023181071.262.61$12,898
Nov 202387077.892.81$6,776
Oct 2023175085.443.09$14,952
Sep 20230089.042.74$0
Aug 2023178080.522.67$14,333
Jul 2023176074.852.64$13,174
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20205049.881.98$249
Jan 202019057.252.09$1,088
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 201964052.782.49$3,378
May 201963058.482.74$3,684
Apr 201965062.632.75$4,071
Mar 20190056.803.06$0
Feb 2019190050.852.79$9,662
Jan 2019191046.033.23$8,792
Dec 201866046.594.19$3,075
Nov 2018138052.934.24$7,304
Oct 2018202061.443.40$12,411
Sep 2018115059.543.11$6,847
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20185725465.382.90$4,463
Apr 201817456163.842.90$12,736
Mar 201817347461.222.79$11,912
Feb 20185840361.782.77$4,698
Jan 201817534362.874.01$12,377
Dec 201723244357.272.92$14,581
Nov 20175834755.423.12$4,296
Oct 201711634549.292.98$6,747
Sep 201723018847.523.09$11,510
Aug 20175824945.373.00$3,380
Jul 201711619243.873.09$5,682
Jun 201717240142.493.09$8,546
May 201717438645.373.26$9,154
Apr 20175738647.933.21$3,972
Mar 201711650546.772.98$6,932
Feb 201717327550.452.95$9,540
Jan 2017597949.413.42$3,185
Dec 201611841148.763.72$7,284
Nov 201611721342.492.64$5,535
Oct 20161168046.193.09$5,605
Sep 20161735441.553.10$7,356
Aug 2016114041.442.92$4,724
Jul 2016228041.622.92$9,489
Jun 201685045.352.69$3,855
May 20161691542.521.99$7,216
Apr 2016255036.561.99$9,323
Mar 201617612233.011.79$6,029
Feb 201617523526.472.06$5,117
Jan 201643554127.352.36$13,176
Dec 20158957832.362.00$4,037
Nov 201535258338.792.17$14,918
Oct 201517747643.552.43$8,863
Sep 20158650142.992.76$5,079
Aug 201517624940.162.87$7,783
Jul 20151741648.152.95$8,425
Jun 201517453856.152.88$11,321
May 20158850055.212.96$6,336
Apr 201517858749.822.71$10,457
Mar 201526213542.892.93$11,633
Feb 2015262044.662.98$11,701
Jan 2015175043.433.10$7,600
Dec 201489054.693.59$4,867
Nov 2014180070.464.25$12,683
Oct 20149013678.303.90$7,578
Sep 20148625986.164.05$8,458
Aug 201426442089.394.04$25,294
Jul 201416752896.564.18$18,332
Jun 201416951298.164.74$19,014
May 201417454794.734.73$19,068
Apr 201417022295.944.81$17,377
Mar 20148429895.895.06$9,562
Feb 201434235897.406.19$35,528
Jan 201417228990.404.86$16,954
Dec 201317255691.824.35$18,214
Nov 20138829088.853.74$8,903
Oct 201325960097.423.78$27,499
Sep 2013171591104.113.72$20,000
Aug 2013256431104.253.52$28,206
Jul 2013347600102.523.72$37,805
Jun 201335149194.403.93$35,066
May 201326344994.834.15$26,803
Apr 20139239993.964.28$10,353
Mar 201317270193.623.91$18,846
Feb 201326244091.233.42$25,407
Jan 201335041191.603.42$33,466
Dec 201217046386.773.42$16,334
Nov 2012047486.953.62$1,718
Oct 201225467589.383.40$24,997
Sep 201214953994.672.92$15,679
Aug 2012049692.662.91$1,442
Jul 201215159485.133.02$14,649
Jun 201210263679.822.52$9,744
May 201210352191.612.49$10,732
Apr 2012170574101.652.00$18,427
Mar 2012187614105.052.22$21,009
Feb 2012197581101.102.57$21,410
Jan 201220657498.092.73$21,776
Dec 201127161396.873.24$28,238
Nov 20111691,34095.723.31$20,614
Oct 201117262484.983.65$16,893
Sep 20113622,12183.623.99$38,724
Aug 201129461883.404.15$27,084
Jul 201120161494.144.52$21,696
Jun 201117762992.904.64$19,362
May 2011074798.134.40$3,290
Apr 20110451105.964.33$1,954
Mar 201125557196.364.06$26,889
Feb 201116153585.644.18$16,024
Jan 201115752586.504.59$15,990
Dec 201029353285.734.35$27,432
Nov 201031760980.843.80$27,938
Oct 201028662378.103.51$24,523
Sep 201013739972.633.98$11,538
Aug 201024243473.684.42$19,749
Jul 201023645972.554.74$19,296
Jun 201016536570.364.91$13,402
May 201024147771.124.24$19,160
Apr 201025045281.694.12$22,286
Mar 201023746978.394.39$20,637
Feb 201024142773.585.44$20,057
Jan 201021347274.365.96$18,654
Dec 200914839971.445.48$12,761
Nov 20092641,05874.593.75$23,661
Oct 20092191,17972.544.11$20,732
Sep 200928493465.543.06$21,476
Aug 20093161,20267.423.22$25,173
Jul 200922088861.133.46$16,525
Jun 200918341166.163.90$13,708
May 200914646254.743.93$9,806
Apr 200923444546.773.59$12,541
Mar 20097261942.144.06$5,547
Feb 200919436732.814.63$8,065
Jan 200919850335.865.37$9,802
Dec 200829762337.105.98$14,742
Nov 20083944855.496.86$5,238
Oct 200811812875.246.92$9,764
Sep 200843218101.767.88$6,093
Aug 2008245807114.228.48$34,830
Jul 2008128623131.0811.39$23,874
Jun 2008124602131.3313.03$24,131
May 2008191629123.1711.57$30,806
Apr 200898607110.3110.45$17,156
Mar 2008175465101.909.66$22,326
Feb 200813845092.538.77$16,716
Jan 200811947790.388.21$14,669
Dec 20079265188.337.30$12,880
Nov 200719860691.677.29$22,569
Oct 200717462482.856.92$18,735
Sep 200711560775.846.24$12,512
Aug 200718862269.066.39$16,957
Jul 200717356370.906.39$15,862

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.

Apr 2026 — as filed, then multipliedworked
Oil                  176 bbl  × $ 98.93 =    $17,412
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                  $17,412

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/38262 is the state's own key, not one this site invented.