UL LOVELAND 1920-17

Operated by WPX ENERGY PERMIAN, LLC (P-5 942623) in the PHANTOM (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 51487District 08Field 71052900OilCasinghead gasSave
Value, all time
$285.1 M
Dec 2018 – May 2026
Value, last 12 filed months
$19.5 M
at the published price for each month
Months reported
90
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition3,947,896 bbl$251,120,435
Casinghead gasProduction10,251,784 Mcf$34,005,125
Total$285,125,560

Wells on this lease (10)

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 31.5250, -103.1504. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.52535, -103.14902 · 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 10 wells
With a plug date
0.0%
0 of 10 wells
Median depth
11,346 ft
10 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.
10100.0%

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 10 of 10 wells. Median 11,346 ft, with the middle half between 11,267 and 11,518 ft; the shallowest is 10,801 ft and the deepest 11,639 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

10s
20s

Last completion by decade, 10 of 10 wells, Dec 2018 – Dec 2021. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Dec 2018 – Dec 2021
10 of 10 wells

10 wells

42-4753814414H11,289 ftDec 2021
42-4753814313H11,383 ftSep 2021
42-475373392H10,861 ftJan 2019
42-475375767H10,801 ftJan 2019
42-475373381H11,639 ftDec 2018
42-475373403H11,345 ftDec 2018
42-475375734H11,563 ftDec 2018
42-475375745H11,259 ftDec 2018
42-475375756H11,346 ftDec 2018
42-475375778H11,599 ftDec 2018

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 (90)

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

90 months

May 202617,31763,548106.413.05$2,036,259
Apr 202618,35064,49598.932.87$2,000,448
Mar 202618,16963,57289.753.15$1,830,884
Feb 202616,60966,46363.503.75$1,303,929
Jan 202619,16277,53759.138.00$1,753,184
Dec 202522,77476,91956.664.41$1,629,846
Nov 202517,51739,54058.593.93$1,181,572
Oct 202519,63762,15059.383.30$1,371,441
Sep 202518,91873,67462.743.08$1,413,604
Aug 202522,84884,02763.933.01$1,713,994
Jul 202524,77281,40566.743.32$1,923,157
Jun 202518,45546,18466.483.13$1,371,385
May 202520,01257,55960.553.23$1,397,776
Apr 202522,18856,83162.363.54$1,585,003
Mar 202520,16759,19767.704.27$1,617,978
Feb 202517,20747,53470.884.34$1,425,970
Jan 202521,94371,55974.324.28$1,936,982
Dec 202426,47660,66168.993.12$2,015,925
Nov 202414,19235,91569.052.20$1,058,915
Oct 202418,72949,24671.372.28$1,449,039
Sep 202417,99553,92269.612.36$1,380,123
Aug 202419,31762,61975.632.06$1,590,167
Jul 202423,00972,36079.932.15$1,994,437
Jun 202421,98271,37878.082.63$1,904,363
May 202424,67274,16978.812.20$2,107,456
Apr 202428,14972,89384.451.66$2,498,127
Mar 202421,71655,64480.301.55$1,829,772
Feb 202420,65553,71276.091.78$1,667,442
Jan 202420,72060,70373.023.30$1,713,152
Dec 202321,49768,99571.262.61$1,712,003
Nov 202324,60974,31677.892.81$2,125,442
Oct 202328,50973,57385.443.09$2,662,949
Sep 202320,08256,09489.042.74$1,941,521
Aug 202326,50778,37680.522.67$2,343,833
Jul 202327,71177,37674.852.64$2,278,580
Jun 202326,53772,32468.962.26$1,993,334
May 202325,66268,78270.622.23$1,965,455
Apr 202325,87666,17178.122.24$2,169,508
Mar 202328,89573,27272.852.39$2,280,352
Feb 202325,79065,11875.112.47$2,097,647
Jan 202333,92085,38176.533.39$2,885,145
Dec 202227,53069,39876.415.73$2,501,154
Nov 202224,17654,72485.005.65$2,363,943
Oct 202222,45758,55987.185.86$2,301,177
Sep 202234,983107,07084.888.16$3,843,442
Aug 202238,654107,13694.529.13$4,631,423
Jul 202234,601100,402101.587.54$4,272,010
Jun 202235,500106,658115.097.98$4,936,527
May 202239,459104,501109.378.43$5,196,892
Apr 202237,418111,707104.226.84$4,663,512
Mar 202245,590145,795108.885.08$5,703,953
Feb 202241,997132,48891.054.86$4,467,565
Jan 202251,233155,96981.844.54$4,900,646
Dec 202153,029142,24771.323.90$4,336,666
Nov 202149,398134,01777.435.24$4,526,714
Oct 202159,336142,36779.795.71$5,547,886
Sep 202147,287116,27769.865.35$3,925,659
Aug 202155,498140,52666.024.22$4,257,081
Jul 202155,976161,33770.783.98$4,604,438
Jun 202166,367153,83469.493.38$5,131,897
May 202176,120151,22263.483.02$5,288,436
Apr 202192,946183,15860.362.76$6,115,447
Mar 202158,702117,65461.302.72$3,918,091
Feb 202127,17163,74857.805.55$1,924,155
Jan 202131,373133,02250.412.81$1,955,341
Dec 202037,485159,39344.642.68$2,099,780
Nov 202038,344168,46938.772.71$1,942,570
Oct 202039,110168,46736.972.48$1,863,430
Sep 202043,638184,32937.091.99$1,985,540
Aug 202045,641204,04739.982.39$2,311,400
Jul 202048,198180,53638.371.83$2,178,857
Jun 202044,139125,70934.901.69$1,752,938
May 202043,634132,84516.921.81$979,368
Apr 202050,607177,59614.751.80$1,066,904
Mar 202057,243190,73930.341.86$2,090,808
Feb 202058,676195,26549.881.98$3,313,514
Jan 202069,511235,31457.252.09$4,472,426
Dec 201980,694263,17359.012.30$5,368,198
Nov 201987,699247,52055.302.75$5,530,608
Oct 2019104,479274,71353.472.42$6,250,897
Sep 2019124,014300,48555.052.66$7,625,443
Aug 2019111,098196,19353.112.30$6,352,514
Jul 2019104,115173,68456.272.46$6,285,824
Jun 2019131,682209,81952.782.49$7,472,877
May 2019163,787257,04958.482.74$10,282,660
Apr 2019165,839249,78062.632.75$11,073,566
Mar 2019155,992215,83856.803.06$9,521,263
Feb 2019110,100147,98950.852.79$6,011,803
Jan 201916,11722,35546.033.23$814,031
Dec 201811,46746.594.19$6,187

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.

May 2026 — as filed, then multipliedworked
Oil               17,317 bbl  × $106.41 = $1,842,702
Casinghead gas    63,548 Mcf  × $  3.05 =   $193,557

────────────────────────────────────────────────────
Month total                               $2,036,259

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/51487 is the state's own key, not one this site invented.