LOVETT, H.E.

Operated by MECO IV HOLDCO, LLC (P-5 557074) in the KERMIT (ELLENBURGER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 39439District 08Field 49038071Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$4.3 M
Jan 2009 – Jan 2022
Value, last 12 filed months
$139 k
at the published price for each month
Months reported
157
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 41 leases and 63 wells, and the rule below applies to all of them.

Discovered
1943-04-25
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,150 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1957-02-04.

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: BASE ACREAGE 80

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
OilDisposition15,841 bbl$998,054
Casinghead gasProduction983,452 Mcf$3,338,413
Total$4,336,467

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 31.8964, -103.0943. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.89637, -103.09432 · 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
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,355 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
1100.0%
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

The one well that filed a depth was drilled to 10,355 ft.

Completions filed
Apr 2025
1 of 1 wells

1 well

42-495333001110,355 ftApr 2025Yes

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 (157)

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

157 months

Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 202103,23679.795.71$18,490
Sep 202103,98569.865.35$21,323
Aug 2021065766.024.22$2,773
Jul 202104,43970.783.98$17,676
Jun 202104,75969.493.38$16,088
May 202104,44263.483.02$13,404
Apr 202104,67460.362.76$12,893
Mar 202104,50861.302.72$12,248
Feb 202104,39157.805.55$24,361
Jan 202105,71050.412.81$16,047
Dec 202005,65544.642.68$15,130
Nov 202005,27238.772.71$14,269
Oct 202005,69836.972.48$14,122
Sep 202005,55437.091.99$11,058
Aug 202006,24639.982.39$14,897
Jul 202006,39838.371.83$11,677
Jun 202005,90634.901.69$9,983
May 202006,13816.921.81$11,139
Apr 202006,17414.751.80$11,140
Mar 2020347,12430.341.86$14,255
Feb 2020349,34049.881.98$20,195
Jan 202013710,64957.252.09$30,150
Dec 201915511,09959.012.30$34,723
Nov 20191198,59655.302.75$30,226
Oct 20198610,89753.472.42$30,953
Sep 201914311,12555.052.66$37,434
Aug 2019011,95553.112.30$27,549
Jul 201914613,71156.272.46$41,945
Jun 201914412,96952.782.49$39,909
May 20190058.482.74$0
Apr 201912415,88962.632.75$51,472
Mar 201919719,18956.803.06$69,948
Feb 2019010,89350.852.79$30,416
Jan 201901,39846.033.23$4,513
Dec 201808446.594.19$352
Nov 2018456,71952.934.24$30,852
Oct 2018523,54661.443.40$15,244
Sep 201808,57559.543.11$26,651
Aug 201807,69159.403.07$23,585
Jul 2018012,51865.142.93$36,701
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20171813,67355.423.12$21,485
Oct 2017891,52249.292.98$8,928
Sep 201701,06147.523.09$3,276
Aug 2017072545.373.00$2,178
Jul 2017343,70843.873.09$12,939
Jun 2017386,29142.493.09$21,037
May 2017715,60245.373.26$21,503
Apr 2017595,23747.933.21$19,647
Mar 2017295,50646.772.98$17,784
Feb 2017505,13850.452.95$17,693
Jan 2017505,92649.413.42$22,730
Dec 20161375,35748.763.72$26,623
Nov 2016575,30742.492.64$16,456
Oct 2016845,60946.193.09$21,213
Sep 20161105,32041.553.10$21,066
Aug 20161114,91541.442.92$18,973
Jul 2016805,25941.622.92$18,709
Jun 20161395,52345.352.69$21,137
May 2016736,02242.521.99$15,094
Apr 2016715,58836.561.99$13,722
Mar 20161365,93933.011.79$15,144
Feb 2016695,71326.472.06$13,616
Jan 2016636,24627.352.36$16,491
Dec 20151276,67632.362.00$17,471
Nov 2015242,71438.792.17$6,813
Oct 2015896,48743.552.43$19,617
Sep 20151005,65942.992.76$19,909
Aug 2015685,85540.162.87$19,549
Jul 2015306,55748.152.95$20,755
Jun 2015386,45256.152.88$20,734
May 2015416,82655.212.96$22,438
Apr 20151256,72249.822.71$24,421
Mar 2015727,07942.892.93$23,863
Feb 2015936,04144.662.98$22,133
Jan 2015656,90843.433.10$24,242
Dec 20141206,43854.693.59$29,684
Nov 20141097,01170.464.25$37,490
Oct 2014517,09178.303.90$31,655
Sep 2014676,12686.164.05$30,555
Aug 2014697,18489.394.04$35,156
Jul 2014565,90896.564.18$30,100
Jun 2014527,08698.164.74$38,670
May 2014107,27294.734.73$35,319
Apr 2014127,23195.944.81$35,926
Mar 2014297,55395.895.06$40,975
Feb 2014216,82297.406.19$44,287
Jan 2014517,41190.404.86$40,633
Dec 2013547,67291.824.35$38,366
Nov 2013826,40988.853.74$31,244
Oct 2013555,91097.423.78$27,694
Sep 2013377,062104.113.72$30,107
Aug 2013797,455104.253.52$34,497
Jul 2013640102.523.72$6,561
Jun 2013606,84094.403.93$32,569
May 2013937,22594.834.15$38,796
Apr 2013777,01993.964.28$37,294
Mar 2013487,21893.623.91$32,737
Feb 20131476,50191.233.42$35,644
Jan 20131757,27991.603.42$40,924
Dec 20121936,36086.773.42$38,499
Nov 2012776,52586.953.62$30,348
Oct 20121774,30889.383.40$30,466
Sep 2012966,77294.672.92$28,852
Aug 2012713,32892.662.91$16,257
Jul 20121527,75085.133.02$36,351
Jun 20121517,64879.822.52$31,318
May 20121537,15691.612.49$31,823
Apr 20121885,480101.652.00$30,053
Mar 20121183,847105.052.22$20,944
Feb 2012957,247101.102.57$28,231
Jan 20121376,85198.092.73$32,170
Dec 20112215,94196.873.24$40,656
Nov 2011896,62295.723.31$30,446
Oct 20111069,24084.983.65$42,720
Sep 2011405,98083.623.99$27,180
Aug 2011611,72983.404.15$12,262
Jul 2011735,03594.144.52$29,617
Jun 20111428,10092.904.64$50,775
May 2011636,14998.134.40$33,267
Apr 20111133,385105.964.33$26,642
Mar 20111353,32496.364.06$26,495
Feb 20111131,62685.644.18$16,474
Jan 2011731,98286.504.59$15,409
Dec 20102305,13485.734.35$42,039
Nov 2010686,98680.843.80$32,011
Oct 2010655,91878.103.51$25,842
Sep 20101316,31172.633.98$34,629
Aug 2010667,73473.684.42$39,042
Jul 20101198,46072.554.74$48,704
Jun 20101237,33370.364.91$44,662
May 20101278,10171.124.24$43,342
Apr 2010576,36581.694.12$30,897
Mar 20101357,19778.394.39$42,168
Feb 20101021,09673.585.44$13,470
Jan 20101459,64174.365.96$68,282
Dec 20091329,67271.445.48$62,469
Nov 20091657,66974.593.75$41,078
Oct 2009837,35272.544.11$36,239
Sep 200953512,45765.543.06$73,241
Aug 200920013,38767.423.22$56,570
Jul 20094085,38361.133.46$43,590
Jun 200969810,89866.163.90$88,627
May 200942113,89554.743.93$77,594
Apr 200958512,85846.773.59$73,489
Mar 200952515,02342.144.06$83,102
Feb 20092,24321,86032.814.63$174,870
Jan 200947,64235.865.37$41,189

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.

Oct 2021 — as filed, then multipliedworked
Oil                    0 bbl  × $ 79.79 =         $0
Casinghead gas     3,236 Mcf  × $  5.71 =    $18,490

────────────────────────────────────────────────────
Month total                                  $18,490

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/39439 is the state's own key, not one this site invented.