LOFTON, W. A., -FEE-

Operated by GILMORE, LEO OIL, INC. (P-5 306981) in the ARCHER COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12717District 09Field 03446001OilCasinghead gasSaveExport
Value, all time
$993 k
Jan 1993 – Aug 2018
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
308
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 2,166 leases and 11,249 wells, and the rule below applies to all of them.

Discovered
1911-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition34,768 bbl$993,414
Casinghead gasProduction21 Mcf$0
Total$993,414

21 Mcf of this lease's gas, across 21 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 33.6700, -98.8273. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

33.67003, -98.82733 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
5,143 ft
2 wells filed one
Completion to plug
11.9 years
median over 1 well

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 4,980 and 5,306 ft, median 5,143 ft, over the 2 wells that filed a depth.

Completions filed
Jun 2006
1 of 2 wells; 1 filed none
Plug dates filed
Mar 2016 – May 2018
2 of 2 wells

Last completion to plug: a median of 11.9 years across the 1 well that filed both dates, with the middle half between 11.9 years and 11.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-0090692815,306 ftMar 2016Yes
42-0094156524,980 ftJun 2006May 2018Yes

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 (308)

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

308 months

Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 201857065.382.90$3,727
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 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 2013127088.853.74$11,284
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 2012161089.383.40$14,390
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 2012610105.052.22$6,408
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 2011143094.144.52$13,462
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 2010131085.734.35$11,231
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 2010140072.554.74$10,157
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 2010175078.394.39$13,718
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 2009182072.544.11$13,202
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 2009172061.133.46$10,514
Jun 20090066.163.90$0
May 2009156054.743.93$8,539
Apr 20090046.773.59$0
Mar 2009177042.144.06$7,459
Feb 20090032.814.63$0
Jan 2009178035.865.37$6,383
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 2008182075.246.92$13,694
Sep 2008500101.767.88$5,088
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 20081590131.3313.03$20,881
May 200800123.1711.57$0
Apr 20081810110.3110.45$19,966
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 2008184090.388.21$16,630
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 2007175082.856.92$14,499
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 2007176059.617.81$10,491
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 2006170060.085.04$10,214
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 2005144054.9413.42$7,911
Nov 20050054.6910.59$0
Oct 2005343058.3413.80$20,011
Sep 2005177061.4512.08$10,877
Aug 2005171061.519.80$10,518
Jul 2005169055.697.84$9,412
Jun 2005172052.337.38$9,001
May 2005175045.226.65$7,914
Apr 2005176049.207.36$8,659
Mar 2005346050.377.15$17,428
Feb 2005178045.226.31$8,049
Jan 2005181043.166.32$7,812
Dec 2004177039.866.75$7,055
Nov 20040045.286.33$0
Oct 2004354049.706.52$17,594
Sep 2004173043.245.28$7,481
Aug 2004174042.375.55$7,372
Jul 2004175038.286.08$6,699
Jun 2004175036.106.43$6,318
May 2004173037.486.49$6,484
Apr 2004351034.475.86$12,099
Mar 2004176034.365.53$6,047
Feb 2004173032.455.51$5,614
Jan 2004167032.036.30$5,349
Dec 2003175030.266.30$5,296
Nov 2003355028.804.60$10,224
Oct 2003174028.174.76$4,902
Sep 2003177026.314.75$4,657
Aug 2003169029.765.13$5,029
Jul 2003349029.415.17$10,264
Jun 2003174028.565.98$4,969
May 2003178026.595.97$4,733
Apr 2003175026.675.41$4,667
Mar 2003355031.146.10$11,055
Feb 2003177033.487.93$5,926
Jan 2003181030.315.58$5,486
Dec 2002183026.914.85$4,925
Nov 2002355024.664.14$8,754
Oct 2002176026.464.23$4,657
Sep 2002178027.443.64$4,884
Aug 2002172025.963.16$4,465
Jul 2002178024.583.06$4,375
Jun 2002343023.733.34$8,139
May 2002175024.663.58$4,316
Apr 2002178023.653.51$4,210
Mar 2002179022.003.10$3,938
Feb 2002182018.222.38$3,316
Jan 2002181017.172.38$3,108
Dec 2001179016.932.36$3,030
Nov 2001176018.072.41$3,180
Oct 2001171019.782.53$3,382
Sep 2001178024.262.25$4,318
Aug 2001169024.873.05$4,203
Jul 2001173023.933.20$4,140
Jun 2001174024.563.82$4,273
May 2001175025.524.31$4,466
Apr 2001346024.685.34$8,539
Mar 2001172024.545.38$4,221
Feb 2001176027.755.77$4,884
Jan 2001359027.478.40$9,862
Dec 2000178026.889.12$4,785
Nov 2000178032.215.66$5,733
Oct 2000178031.235.15$5,559
Sep 2000176031.875.19$5,609
Aug 2000356029.644.54$10,552
Jul 2000174028.534.09$4,964
Jun 2000175029.304.40$5,128
May 2000172027.263.68$4,689
Apr 2000350024.513.12$8,579
Mar 2000175028.422.86$4,974
Feb 2000184027.622.73$5,082
Jan 2000350025.272.48$8,845
Dec 1999176024.282.42$4,273
Nov 1999172023.192.43$3,989
Oct 1999183020.982.80$3,839
Sep 1999180021.752.62$3,915
Aug 1999177019.262.88$3,409
Jul 1999183017.892.37$3,274
Jun 1999175015.942.36$2,790
May 1999181015.792.32$2,858
Apr 1999182015.102.21$2,748
Mar 1999366012.471.84$4,564
Feb 199918009.981.82$1,796
Jan 1999364010.381.90$3,778
Dec 199818109.201.77$1,665
Nov 1998185010.892.19$2,015
Oct 1998181012.421.97$2,248
Sep 1998358012.592.08$4,507
Aug 1998169011.301.91$1,910
Jul 1998162011.742.24$1,902
Jun 1998178011.242.24$2,001
May 1998180012.622.21$2,272
Apr 1998360013.042.51$4,694
Mar 1998166012.802.31$2,125
Feb 1998173013.952.30$2,413
Jan 19980014.702.15$0
Dec 1997184016.322.41$3,003
Nov 1997179018.193.09$3,256
Oct 1997176019.253.15$3,388
Sep 1997168017.742.95$2,980
Aug 1997172017.862.55$3,072
Jul 1997358017.582.25$6,294
Jun 1997173017.242.26$2,983
May 1997183018.972.31$3,472
Apr 1997179017.882.08$3,201
Mar 1997176018.951.94$3,335
Feb 1997187020.492.21$3,832
Jan 1997183023.483.54$4,297
Dec 1996181023.32$4,221
Nov 1996181021.97$3,977
Oct 1996186023.31$4,336
Sep 1996166022.22$3,689
Aug 1996169020.26$3,424
Jul 1996174019.55$3,402
Jun 1996175018.73$3,278
May 1996169019.43$3,284
Apr 1996180021.51$3,872
Mar 1996184019.38$3,566
Feb 1996190016.98$3,226
Jan 1996179017.07$3,056
Dec 1995182017.19$3,129
Nov 1995187016.00$2,992
Oct 1995187015.43$2,885
Sep 1995369016.18$5,970
Aug 1995183015.92$2,913
Jul 1995183015.24$2,789
Jun 1995187016.41$3,069
May 1995188017.56$3,301
Apr 1995188017.73$3,333
Mar 1995193016.44$3,173
Feb 1995186016.58$3,084
Jan 1995187015.92$2,977
Dec 1994189015.03$2,841
Nov 1994187015.90$2,973
Oct 1994187015.58$2,913
Sep 1994181115.29$2,767
Aug 1994187116.13$3,016
Jul 1994178117.56$3,126
Jun 1994188117.09$3,213
May 1994372115.88$5,907
Apr 1994194114.14$2,743
Mar 1994176112.46$2,193
Feb 1994187112.50$2,338
Jan 1994186112.66$2,355
Dec 1993385112.33$4,747
Nov 1993189114.49$2,739
Oct 1993182115.85$2,885
Sep 1993375115.03$5,636
Aug 1993190115.66$2,975
Jul 1993187115.46$2,891
Jun 1993187116.79$3,140
May 1993187117.68$3,306
Apr 1993369118.05$6,660
Mar 1993189118.14$3,428
Feb 1993187117.90$3,347
Jan 1993195116.93$3,301

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 2018 — as filed, then multipliedworked
Oil                   57 bbl  × $ 65.38 =     $3,727
Casinghead gas         0 Mcf  × $  2.90 =         $0

────────────────────────────────────────────────────
Month total                                   $3,727

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. 09/O/12717 is the state's own key, not one this site invented.