LOVELESS

Name: LOVELESS lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MASADA OIL & GAS (P-5 531347) in the QUANAH field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 28291District 09Field 73609001OilCasinghead gasSave Export

Value, all time

$466 k

Jan 1993 – Sep 2019

Value, last 12 filed months

at the published price for each month

Months reported

321

no gaps in the span

Streams

oil, casinghead gas

The QUANAH field

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 52 leases and 85 wells, and the rule below applies to all of them.

Discovered

1950-11-09

as the register files it

Field class

Oil

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: “SWARTZ (PALO PINTO) CONSOLIDATED HERE PER DKT# 9-92455 WITH”

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.

Stream	Basis	Volume	Value
Oil	Disposition	25,138 bbl	$465,767
Casinghead gas	Production	106 Mcf	$230
Total			$465,997

42 Mcf of this lease's gas, across 42 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 34.3695, -99.6980. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

34.36952, -99.69796 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

5,872 ft

1 wells filed one

Completion to plug

8.4 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 5,872 ft.

Completions filed

Jan 2011

1 of 1 wells

Plug dates filed

Jun 2019

1 of 1 wells

Last completion to plug: a median of 8.4 years across the 1 well that filed both dates, with the middle half between 8.4 years and 8.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-19731204	1J	5,872 ft	Jan 2011	Jun 2019	Yes

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 (321)

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

321 months


Sep 2019	0	0	55.05	2.66	$0
Aug 2019	0	0	53.11	2.30	$0
Jul 2019	0	0	56.27	2.46	$0
Jun 2019	0	0	52.78	2.49	$0
May 2019	0	0	58.48	2.74	$0
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	92	0	73.68	4.42	$6,779
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	313	0	50.37	7.15	$15,766
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	172	0	32.45	5.51	$5,581
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	163	0	28.17	4.76	$4,592
Sep 2003	181	1	26.31	4.75	$4,767
Aug 2003	0	1	29.76	5.13	$5
Jul 2003	183	1	29.41	5.17	$5,387
Jun 2003	0	1	28.56	5.98	$6
May 2003	0	1	26.59	5.97	$6
Apr 2003	182	1	26.67	5.41	$4,859
Mar 2003	180	1	31.14	6.10	$5,611
Feb 2003	0	1	33.48	7.93	$8
Jan 2003	180	1	30.31	5.58	$5,461
Dec 2002	362	1	26.91	4.85	$9,746
Nov 2002	0	1	24.66	4.14	$4
Oct 2002	0	1	26.46	4.23	$4
Sep 2002	178	1	27.44	3.64	$4,888
Aug 2002	0	1	25.96	3.16	$3
Jul 2002	181	1	24.58	3.06	$4,452
Jun 2002	0	1	23.73	3.34	$3
May 2002	0	1	24.66	3.58	$4
Apr 2002	139	1	23.65	3.51	$3,291
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	149	0	18.22	2.38	$2,715
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	1	16.93	2.36	$2
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	1	24.87	3.05	$3
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	0	1	24.56	3.82	$4
May 2001	185	1	25.52	4.31	$4,726
Apr 2001	0	1	24.68	5.34	$5
Mar 2001	178	1	24.54	5.38	$4,374
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	1	27.47	8.40	$8
Dec 2000	0	1	26.88	9.12	$9
Nov 2000	0	1	32.21	5.66	$6
Oct 2000	0	0	31.23	5.15	$0
Sep 2000	0	1	31.87	5.19	$5
Aug 2000	181	1	29.64	4.54	$5,369
Jul 2000	0	1	28.53	4.09	$4
Jun 2000	0	1	29.30	4.40	$4
May 2000	145	0	27.26	3.68	$3,953
Apr 2000	0	1	24.51	3.12	$3
Mar 2000	0	0	28.42	2.86	$0
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	0	1	25.27	2.48	$2
Dec 1999	0	1	24.28	2.42	$2
Nov 1999	0	1	23.19	2.43	$2
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	0	0	21.75	2.62	$0
Aug 1999	165	1	19.26	2.88	$3,181
Jul 1999	339	0	17.89	2.37	$6,065
Jun 1999	0	1	15.94	2.36	$2
May 1999	0	1	15.79	2.32	$2
Apr 1999	0	1	15.10	2.21	$2
Mar 1999	179	1	12.47	1.84	$2,234
Feb 1999	0	1	9.98	1.82	$2
Jan 1999	0	0	10.38	1.90	$0
Dec 1998	0	1	9.20	1.77	$2
Nov 1998	0	1	10.89	2.19	$2
Oct 1998	0	0	12.42	1.97	$0
Sep 1998	0	1	12.59	2.08	$2
Aug 1998	0	1	11.30	1.91	$2
Jul 1998	0	1	11.74	2.24	$2
Jun 1998	0	1	11.24	2.24	$2
May 1998	0	1	12.62	2.21	$2
Apr 1998	174	1	13.04	2.51	$2,271
Mar 1998	160	1	12.80	2.31	$2,050
Feb 1998	365	1	13.95	2.30	$5,094
Jan 1998	0	1	14.70	2.15	$2
Dec 1997	0	1	16.32	2.41	$2
Nov 1997	182	1	18.19	3.09	$3,314
Oct 1997	182	1	19.25	3.15	$3,507
Sep 1997	182	1	17.74	2.95	$3,232
Aug 1997	180	1	17.86	2.55	$3,217
Jul 1997	186	1	17.58	2.25	$3,272
Jun 1997	184	1	17.24	2.26	$3,174
May 1997	0	1	18.97	2.31	$2
Apr 1997	183	1	17.88	2.08	$3,274
Mar 1997	166	1	18.95	1.94	$3,148
Feb 1997	182	1	20.49	2.21	$3,731
Jan 1997	141	1	23.48	3.54	$3,314
Dec 1996	182	1	23.32	—	$4,244
Nov 1996	182	1	21.97	—	$3,999
Oct 1996	175	1	23.31	—	$4,079
Sep 1996	177	1	22.22	—	$3,933
Aug 1996	180	1	20.26	—	$3,647
Jul 1996	163	0	19.55	—	$3,187
Jun 1996	178	0	18.73	—	$3,334
May 1996	163	0	19.43	—	$3,167
Apr 1996	185	0	21.51	—	$3,979
Mar 1996	180	0	19.38	—	$3,488
Feb 1996	180	1	16.98	—	$3,056
Jan 1996	178	1	17.07	—	$3,038
Dec 1995	171	1	17.19	—	$2,939
Nov 1995	166	1	16.00	—	$2,656
Oct 1995	173	1	15.43	—	$2,669
Sep 1995	185	1	16.18	—	$2,993
Aug 1995	347	1	15.92	—	$5,524
Jul 1995	182	1	15.24	—	$2,774
Jun 1995	181	1	16.41	—	$2,970
May 1995	180	1	17.56	—	$3,161
Apr 1995	180	1	17.73	—	$3,191
Mar 1995	533	1	16.44	—	$8,763
Feb 1995	344	1	16.58	—	$5,704
Jan 1995	337	1	15.92	—	$5,365
Dec 1994	527	1	15.03	—	$7,921
Nov 1994	0	1	15.90	—	$0
Oct 1994	366	1	15.58	—	$5,702
Sep 1994	362	1	15.29	—	$5,535
Aug 1994	363	1	16.13	—	$5,855
Jul 1994	356	0	17.56	—	$6,251
Jun 1994	172	1	17.09	—	$2,939
May 1994	354	1	15.88	—	$5,622
Apr 1994	573	1	14.14	—	$8,102
Mar 1994	356	1	12.46	—	$4,436
Feb 1994	581	1	12.50	—	$7,263
Jan 1994	353	1	12.66	—	$4,469
Dec 1993	286	1	12.33	—	$3,526
Nov 1993	363	1	14.49	—	$5,260
Oct 1993	724	1	15.85	—	$11,475
Sep 1993	550	1	15.03	—	$8,267
Aug 1993	705	1	15.66	—	$11,040
Jul 1993	537	1	15.46	—	$8,302
Jun 1993	891	1	16.79	—	$14,960
May 1993	906	1	17.68	—	$16,018
Apr 1993	724	1	18.05	—	$13,068
Mar 1993	1,071	1	18.14	—	$19,428
Feb 1993	1,196	1	17.90	—	$21,408
Jan 1993	1,226	1	16.93	—	$20,756

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.

Aug 2010 — as filed, then multipliedworked

Oil                   92 bbl  × $ 73.68 =     $6,779
Casinghead gas         0 Mcf  × $  4.42 =         $0

────────────────────────────────────────────────────
Month total                                   $6,779

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/28291 is the state's own key, not one this site invented.