LOFTIN, JACK

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

Oil lease lease 27968District 09Field 51982332OilCasinghead gasSaveExport
Value, all time
$32 k
Jan 1993 – May 1999
Value, last 12 filed months
$709
at the published price for each month
Months reported
77
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 58 leases and 183 wells, and the rule below applies to all of them.

Discovered
1950-11-30
as the register files it
Field class
Oil
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres.

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
OilDisposition1,932 bbl$32,227
Casinghead gasProduction300 Mcf$211
Total$32,438

215 Mcf of this lease's gas, across 43 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 33.3267, -98.4865. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.32670, -98.48647 · 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
5,242 ft
1 wells filed one
Completion to plug
8.2 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 5,242 ft.

Completions filed
Nov 1990
1 of 1 wells
Plug dates filed
Jan 1999
1 of 1 wells

Last completion to plug: a median of 8.2 years across the 1 well that filed both dates, with the middle half between 8.2 years and 8.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-5034010615,242 ftNov 1990Jan 1999Yes

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 (77)

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

77 months

May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 19997109.981.82$709
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980512.622.21$11
Apr 19980513.042.51$13
Mar 19980512.802.31$12
Feb 19980513.952.30$12
Jan 19980514.702.15$11
Dec 1997167516.322.41$2,738
Nov 19970518.193.09$15
Oct 19970519.253.15$16
Sep 19970517.742.95$15
Aug 19970517.862.55$13
Jul 19970517.582.25$11
Jun 19970517.242.26$11
May 19970518.972.31$12
Apr 19970517.882.08$10
Mar 19970518.951.94$10
Feb 19970520.492.21$11
Jan 19970523.483.54$18
Dec 19960523.32$0
Nov 1996174521.97$3,823
Oct 19960523.31$0
Sep 19960522.22$0
Aug 19960520.26$0
Jul 19960519.55$0
Jun 19960518.73$0
May 1996172519.43$3,342
Apr 19960521.51$0
Mar 19960519.38$0
Feb 19960516.98$0
Jan 19960517.07$0
Dec 1995185517.19$3,180
Nov 19950516.00$0
Oct 19950515.43$0
Sep 19950516.18$0
Aug 19950515.92$0
Jul 1995178515.24$2,713
Jun 19950516.41$0
May 19950517.56$0
Apr 1995178517.73$3,156
Mar 19950516.44$0
Feb 19951516.58$17
Jan 19950515.92$0
Dec 1994165515.03$2,480
Nov 19940515.90$0
Oct 19940515.58$0
Sep 1994181515.29$2,767
Aug 19940516.13$0
Jul 1994177517.56$3,108
Jun 19940517.09$0
May 19940515.88$0
Apr 19940514.14$0
Mar 19940512.46$0
Feb 1994159512.50$1,988
Jan 19940512.66$0
Dec 19930512.33$0
Nov 19930014.49$0
Oct 19930015.85$0
Sep 19930015.03$0
Aug 19930015.66$0
Jul 19930015.46$0
Jun 19930516.79$0
May 19930517.68$0
Apr 19930518.05$0
Mar 19930518.14$0
Feb 1993124517.90$2,220
Jan 19930516.93$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.

Feb 1999 — as filed, then multipliedworked
Oil                   71 bbl  × $  9.98 =       $709
Casinghead gas         0 Mcf  × $  1.82 =         $0

────────────────────────────────────────────────────
Month total                                     $709

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/27968 is the state's own key, not one this site invented.