LOVING, OLIVER ESTATE "B"

Operated by JAY MANAGEMENT COMPANY, LLC (P-5 430368) in the JERMYN, WEST (CADDO-MF) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 28324District 09Field 46279600OilCasinghead gasSaveExport
Value, all time
$1.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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 25 leases and 42 wells, and the rule below applies to all of them.

Discovered
1982-06-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1982-06-01.

The Commission's schedule remark for this field reads: MULTI 49B UP TO 320 ACRES MAXIMUM

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
OilDisposition22,612 bbl$661,778
Casinghead gasProduction98,058 Mcf$364,923
Total$1,026,701

18,748 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 33.2675, -98.4366. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.26752, -98.43664 · 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
5,600 ft
1 wells filed one
Completion to plug
2.4 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 5,600 ft.

Completions filed
Mar 2018
1 of 1 wells
Plug dates filed
Aug 2020
1 of 1 wells

Last completion to plug: a median of 2.4 years across the 1 well that filed both dates, with the middle half between 2.4 years and 2.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-5033488715,600 ftMar 2018Aug 2020Yes

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 2018025361.782.77$700
Jan 2018030962.874.01$1,239
Dec 2017024257.272.92$707
Nov 2017010555.423.12$327
Oct 2017028949.292.98$862
Sep 2017020947.523.09$645
Aug 2017017945.373.00$538
Jul 2017040143.873.09$1,238
Jun 2017020142.493.09$621
May 2017027945.373.26$910
Apr 2017023647.933.21$758
Mar 2017021546.772.98$641
Feb 2017027250.452.95$803
Jan 2017035649.413.42$1,217
Dec 2016028048.763.72$1,042
Nov 2016012042.492.64$317
Oct 2016013546.193.09$417
Sep 2016112141.553.10$417
Aug 2016010141.442.92$295
Jul 2016011541.622.92$336
Jun 2016033645.352.69$902
May 2016022142.521.99$440
Apr 2016020736.561.99$412
Mar 2016019533.011.79$350
Feb 2016016826.472.06$347
Jan 2016022627.352.36$534
Dec 2015011932.362.00$238
Nov 20154038.792.17$155
Oct 20155843.552.43$237
Sep 2015523742.992.76$2,338
Aug 201503140.162.87$89
Jul 201504348.152.95$127
Jun 201506356.152.88$182
May 201501755.212.96$50
Apr 201503049.822.71$81
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20154043.433.10$174
Dec 201431154.693.59$204
Nov 201401570.464.25$64
Oct 20141478.303.90$94
Sep 20140186.164.05$4
Aug 201490089.394.04$8,045
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 20130291.824.35$9
Nov 201307888.853.74$292
Oct 2013194397.423.78$18,911
Sep 201309104.113.72$33
Aug 201300104.253.52$0
Jul 20130173102.523.72$643
Jun 2013016494.403.93$645
May 2013026094.834.15$1,079
Apr 2013029393.964.28$1,255
Mar 2013055693.623.91$2,176
Feb 2013026691.233.42$910
Jan 201313816191.603.42$13,191
Dec 2012036286.773.42$1,238
Nov 2012048786.953.62$1,765
Oct 2012022789.383.40$772
Sep 201210031694.672.92$10,389
Aug 2012030092.662.91$872
Jul 2012032885.133.02$991
Jun 201212730979.822.52$10,916
May 2012026191.612.49$649
Apr 20120221101.652.00$441
Mar 2012132416105.052.22$14,791
Feb 20120415101.102.57$1,067
Jan 2012019898.092.73$541
Dec 20115821096.873.24$6,299
Nov 2011030495.723.31$1,007
Oct 2011036484.983.65$1,328
Sep 201115726083.623.99$14,165
Aug 2011027183.404.15$1,124
Jul 2011036194.144.52$1,631
Jun 2011036592.904.64$1,694
May 201110921498.134.40$11,639
Apr 20110244105.964.33$1,057
Mar 2011031096.364.06$1,258
Feb 2011012085.644.18$502
Jan 201110742786.504.59$11,215
Dec 2010042185.734.35$1,830
Nov 2010036480.843.80$1,382
Oct 201014134578.103.51$12,223
Sep 2010040372.633.98$1,604
Aug 20109840373.684.42$9,002
Jul 2010021572.554.74$1,018
Jun 2010032270.364.91$1,581
May 2010037571.124.24$1,588
Apr 20108035581.694.12$7,999
Mar 2010034878.394.39$1,527
Feb 20105018173.585.44$4,664
Jan 2010024374.365.96$1,449
Dec 200919224371.445.48$15,049
Nov 2009034574.593.75$1,294
Oct 2009039372.544.11$1,615
Sep 2009037965.543.06$1,162
Aug 2009041267.423.22$1,326
Jul 200918840861.133.46$12,906
Jun 2009025266.163.90$982
May 2009044054.743.93$1,727
Apr 2009027846.773.59$997
Mar 200918625242.144.06$8,861
Feb 2009032732.814.63$1,515
Jan 2009050635.865.37$2,718
Dec 2008043737.105.98$2,612
Nov 200819972155.496.86$15,989
Oct 2008045375.246.92$3,136
Sep 20080409101.767.88$3,222
Aug 20080218114.228.48$1,849
Jul 20080226131.0811.39$2,574
Jun 20080227131.3313.03$2,958
May 20080321123.1711.57$3,715
Apr 2008197318110.3110.45$25,056
Mar 20080849101.909.66$8,205
Feb 2008033192.538.77$2,903
Jan 2008034590.388.21$2,831
Dec 2007030888.337.30$2,249
Nov 200719229391.677.29$19,737
Oct 2007031882.856.92$2,201
Sep 2007034675.846.24$2,160
Aug 2007033769.066.39$2,153
Jul 200717834170.906.39$14,798
Jun 2007031762.007.55$2,393
May 2007034158.747.85$2,676
Apr 200718432859.617.81$13,528
Mar 2007033856.927.30$2,468
Feb 2007031555.108.22$2,588
Jan 2007035250.306.73$2,368
Dec 2006033956.656.92$2,345
Nov 200619033354.207.62$12,835
Oct 2006039354.906.01$2,363
Sep 2006037760.085.04$1,899
Aug 2006033468.717.34$2,452
Jul 200615836569.376.34$13,276
Jun 2006038466.286.38$2,451
May 2006039066.016.42$2,506
Apr 2006036364.397.36$2,672
Mar 200618635256.707.08$13,039
Feb 2006033357.597.75$2,581
Jan 2006037660.598.93$3,359
Dec 2005025354.9413.42$3,394
Nov 200516838354.6910.59$13,243
Oct 2005034658.3413.80$4,773
Sep 2005015061.4512.08$1,812
Aug 2005025661.519.80$2,508
Jul 2005025655.697.84$2,008
Jun 200515924952.337.38$10,158
May 2005028245.226.65$1,876
Apr 2005028249.207.36$2,076
Mar 200516432650.377.15$10,593
Feb 2005031145.226.31$1,963
Jan 2005039943.166.32$2,523
Dec 200417538039.866.75$9,541
Nov 2004039045.286.33$2,469
Oct 2004038249.706.52$2,489
Sep 200416338043.245.28$9,056
Aug 2004031942.375.55$1,771
Jul 2004042238.286.08$2,568
Jun 200417539836.106.43$8,878
May 2004037437.486.49$2,429
Apr 2004039134.475.86$2,291
Mar 200417841634.365.53$8,417
Feb 2004038832.455.51$2,138
Jan 2004041332.036.30$2,602
Dec 200310040530.266.30$5,578
Nov 2003041328.804.60$1,898
Oct 200315337028.174.76$6,071
Sep 2003035926.314.75$1,705
Aug 200317536629.765.13$7,085
Jul 2003024029.415.17$1,241
Jun 200315035228.565.98$6,390
May 2003234526.595.97$2,114
Apr 200315836926.675.41$6,209
Mar 2003036831.146.10$2,243
Feb 20038030033.487.93$5,056
Jan 2003035330.315.58$1,970
Dec 200217042426.914.85$6,633
Nov 200217944624.664.14$6,259
Oct 2002044426.464.23$1,878
Sep 2002045727.443.64$1,661
Aug 200216947325.963.16$5,884
Jul 2002045524.583.06$1,393
Jun 200217741123.733.34$5,572
May 2002043724.663.58$1,566
Apr 2002051423.653.51$1,805
Mar 200217842622.003.10$5,238
Feb 2002022718.222.38$539
Jan 200217835817.172.38$3,907
Dec 2001037516.932.36$887
Nov 200117827018.072.41$3,866
Oct 2001026919.782.53$680
Sep 200116941924.262.25$5,043
Aug 2001037124.873.05$1,133
Jul 200117530223.933.20$5,153
Jun 2001038624.563.82$1,476
May 200116738125.524.31$5,903
Apr 2001037024.685.34$1,974
Mar 200117842124.545.38$6,632
Feb 2001038227.755.77$2,203
Jan 2001043827.478.40$3,679
Dec 200016743926.889.12$8,494
Nov 2000040932.215.66$2,314
Oct 2000045231.235.15$2,326
Sep 200017847331.875.19$8,126
Aug 2000048529.644.54$2,202
Jul 200016546728.534.09$6,617
Jun 2000044229.304.40$1,944
May 200017044927.263.68$6,286
Apr 200018741224.513.12$5,867
Mar 2000044628.422.86$1,275
Feb 200018042727.622.73$6,136
Jan 2000046625.272.48$1,156
Dec 199917646424.282.42$5,398
Nov 1999042423.192.43$1,032
Oct 199917545520.982.80$4,947
Sep 1999042221.752.62$1,105
Aug 199917442919.262.88$4,585
Jul 1999042217.892.37$1,001
Jun 199917143715.942.36$3,758
May 1999040715.792.32$945
Apr 199917940615.102.21$3,599
Mar 199917440912.471.84$2,922
Feb 199903829.981.82$694
Jan 199917642810.381.90$2,640
Dec 19981744259.201.77$2,354
Nov 1998041910.892.19$916
Oct 199817845912.421.97$3,115
Sep 199817447612.592.08$3,182
Aug 1998046111.301.91$879
Jul 199817247511.742.24$3,082
Jun 1998043111.242.24$964
May 199818043512.622.21$3,231
Apr 199817939413.042.51$3,321
Mar 199817751312.802.31$3,450
Feb 1998038513.952.30$885
Jan 199817744214.702.15$3,554
Dec 199718149816.322.41$4,155
Nov 1997040818.193.09$1,260
Oct 199718548119.253.15$5,076
Sep 199717544517.742.95$4,419
Aug 199717245317.862.55$4,229
Jul 1997031917.582.25$717
Jun 199717244117.242.26$3,961
May 1997043218.972.31$997
Apr 199718133117.882.08$3,926
Mar 1997041418.951.94$803
Feb 199717634120.492.21$4,358
Jan 199717639523.483.54$5,531
Dec 199617636423.32$4,104
Nov 1996038821.97$0
Oct 199617545723.31$4,079
Sep 199618443222.22$4,088
Aug 199618445820.26$3,728
Jul 199618046319.55$3,519
Jun 1996047218.73$0
May 199617446119.43$3,381
Apr 199617636121.51$3,786
Mar 199617941119.38$3,469
Feb 199618241716.98$3,090
Jan 199617946117.07$3,056
Dec 199517935517.19$3,077
Nov 199517742916.00$2,832
Oct 199517537715.43$2,700
Sep 199517639216.18$2,848
Aug 199516943515.92$2,690
Jul 199516939915.24$2,576
Jun 199517240516.41$2,823
May 199517036517.56$2,985
Apr 199517430817.73$3,085
Mar 1995043416.44$0
Feb 199535836816.58$5,936
Jan 199518138215.92$2,882
Dec 199417441815.03$2,615
Nov 199417539615.90$2,783
Oct 199434439715.58$5,360
Sep 199417136915.29$2,615
Aug 199417134016.13$2,758
Jul 199432928817.56$5,777
Jun 199417035617.09$2,905
May 199417536515.88$2,779
Apr 199416734914.14$2,361
Mar 199417239012.46$2,143
Feb 199435533012.50$4,438
Jan 199417428612.66$2,203
Dec 199334538912.33$4,254
Nov 199317336514.49$2,507
Oct 199317335515.85$2,742
Sep 199334336015.03$5,155
Aug 199317135015.66$2,678
Jul 199334042315.46$5,256
Jun 199334438416.79$5,776
May 199317243217.68$3,041
Apr 199333739918.05$6,083
Mar 199333844018.14$6,131
Feb 199334334717.90$6,140
Jan 199334742616.93$5,875

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 2018 — as filed, then multipliedworked
Oil                    0 bbl  × $ 61.78 =         $0
Casinghead gas       253 Mcf  × $  2.77 =       $700

────────────────────────────────────────────────────
Month total                                     $700

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/28324 is the state's own key, not one this site invented.