LOFTIN, T.

Operated by SENKEL, WESLEY, INC. (P-5 767185) in the SENKEL (CADDO 4600-N.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 25955District 09Field 82257310NGPA filingOilCasinghead gasSaveExport
Value, all time
$45 k
Jan 1993 – Jul 2001
Value, last 12 filed months
$0
at the published price for each month
Months reported
103
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 leases and 3 wells, and the rule below applies to all of them.

Discovered
1985-04-01
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition2,571 bbl$44,647
Casinghead gasProduction472 Mcf$398
Total$45,045

308 Mcf of this lease's gas, across 48 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 (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 33.3449, -98.5043. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.34485, -98.50427 · 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
100.0%
1 of 1 wells
Median depth
4,750 ft
1 wells filed one
Completion to plug
15.4 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 4,750 ft.

Completions filed
Jan 1986
1 of 1 wells
Plug dates filed
Jun 2001
1 of 1 wells

Last completion to plug: a median of 15.4 years across the 1 well that filed both dates, with the middle half between 15.4 years and 15.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-5033905914,750 ftJan 1986Jun 2001Yes

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 (103)

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

103 months

Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 2000101427.263.68$2,768
Apr 20000424.513.12$12
Mar 20000428.422.86$11
Feb 2000153427.622.73$4,237
Jan 200011425.272.48$288
Dec 19990424.282.42$10
Nov 19990423.192.43$10
Oct 19990420.982.80$11
Sep 19990421.752.62$10
Aug 1999146419.262.88$2,823
Jul 19990417.892.37$9
Jun 199915415.942.36$249
May 19990415.792.32$9
Apr 19990415.102.21$9
Mar 1999187412.471.84$2,339
Feb 1999049.981.82$7
Jan 19990410.381.90$8
Dec 19982349.201.77$219
Nov 19980410.892.19$9
Oct 19980412.421.97$8
Sep 19980412.592.08$8
Aug 19980411.301.91$8
Jul 1998146411.742.24$1,723
Jun 199820411.242.24$234
May 19980412.622.21$9
Apr 19980413.042.51$10
Mar 19980412.802.31$9
Feb 19980413.952.30$9
Jan 1998124414.702.15$1,831
Dec 19970416.322.41$10
Nov 19970418.193.09$12
Oct 19970419.253.15$13
Sep 19970417.742.95$12
Aug 19970417.862.55$10
Jul 1997138417.582.25$2,435
Jun 19970417.242.26$9
May 19970418.972.31$9
Apr 19970417.882.08$8
Mar 19970418.951.94$8
Feb 1997153420.492.21$3,144
Jan 19970423.483.54$14
Dec 19960423.32$0
Nov 19960421.97$0
Oct 19960423.31$0
Sep 19960422.22$0
Aug 1996145420.26$2,938
Jul 19960419.55$0
Jun 19960418.73$0
May 19960419.43$0
Apr 19960421.51$0
Mar 19960419.38$0
Feb 1996183416.98$3,107
Jan 19960417.07$0
Dec 19950417.19$0
Nov 19950416.00$0
Oct 19950415.43$0
Sep 19950416.18$0
Aug 1995162415.92$2,579
Jul 19950415.24$0
Jun 19950416.41$0
May 19950417.56$0
Apr 1995175417.73$3,103
Mar 19950416.44$0
Feb 19950416.58$0
Jan 19950415.92$0
Dec 19940415.03$0
Nov 19940415.90$0
Oct 19940415.58$0
Sep 19940415.29$0
Aug 1994157416.13$2,532
Jul 19940417.56$0
Jun 19940417.09$0
May 19940415.88$0
Apr 19940414.14$0
Mar 1994173412.46$2,156
Feb 19940412.50$0
Jan 19940412.66$0
Dec 19930412.33$0
Nov 19930414.49$0
Oct 1993165415.85$2,615
Sep 19930415.03$0
Aug 199301215.66$0
Jul 199302215.46$0
Jun 19930916.79$0
May 1993166617.68$2,935
Apr 199302818.05$0
Mar 1993282718.14$508
Feb 199302017.90$0
Jan 199302416.93$0

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 2000 — as filed, then multipliedworked
Oil                  101 bbl  × $ 27.26 =     $2,753
Casinghead gas         4 Mcf  × $  3.68 =        $15

────────────────────────────────────────────────────
Month total                                   $2,768

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/25955 is the state's own key, not one this site invented.