LOCKE

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

Operated by CORDILLERA TEXAS, L.P. (P-5 178273) in the HEMPHILL (GRANITE WASH.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 109885District 10Field 40311200NGPA filingCondensateGasSave Export

Value, all time

$387 k

Jan 1993 – Oct 2007

Value, last 12 filed months

$14 k

at the published price for each month

Months reported

178

no gaps in the span

Streams

condensate, gas

The HEMPHILL (GRANITE WASH.) 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 712 leases and 714 wells, and the rule below applies to all of them.

Discovered

1964-01-29

as the register files it

Field class

Oil and gas

the register's own label

Between wells

467 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2008-10-07.

The Commission's schedule remark for this field reads: “FIELD”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	2	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	2,113 bbl	$51,236
Gas	Production	129,004 Mcf	$335,736
Total			$386,972

51,734 Mcf of this lease's gas, across 47 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 35.7268, -100.5076. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.72680, -100.50758 · 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

0.0%

0 of 1 wells

Median depth

10,630 ft

1 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

00.0%

BothOn the schedule and plugged. Neither fact cancels the other.

00.0%

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 10,630 ft.

Completions filed

Oct 2007

1 of 1 wells

1 well


42-21131614	360	10,630 ft	Oct 2007	—	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 (178)

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

178 months


Oct 2007	0	0	82.85	6.92	$0
Sep 2007	101	0	75.84	6.24	$7,660
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	70	59.61	7.81	$546
Mar 2007	0	303	56.92	7.30	$2,213
Feb 2007	0	295	55.10	8.22	$2,424
Jan 2007	0	149	50.30	6.73	$1,002
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	199	60.08	5.04	$1,002
Aug 2006	0	834	68.71	7.34	$6,121
Jul 2006	0	531	69.37	6.34	$3,368
Jun 2006	0	585	66.28	6.38	$3,735
May 2006	0	582	66.01	6.42	$3,739
Apr 2006	0	634	64.39	7.36	$4,667
Mar 2006	0	388	56.70	7.08	$2,748
Feb 2006	0	56	57.59	7.75	$434
Jan 2006	0	259	60.59	8.93	$2,314
Dec 2005	0	96	54.94	13.42	$1,288
Nov 2005	0	398	54.69	10.59	$4,214
Oct 2005	0	315	58.34	13.80	$4,346
Sep 2005	0	422	61.45	12.08	$5,097
Aug 2005	0	518	61.51	9.80	$5,075
Jul 2005	0	523	55.69	7.84	$4,102
Jun 2005	0	491	52.33	7.38	$3,624
May 2005	192	560	45.22	6.65	$12,407
Apr 2005	0	411	49.20	7.36	$3,025
Mar 2005	0	197	50.37	7.15	$1,410
Feb 2005	0	68	45.22	6.31	$429
Jan 2005	0	210	43.16	6.32	$1,328
Dec 2004	0	580	39.86	6.75	$3,916
Nov 2004	0	444	45.28	6.33	$2,811
Oct 2004	0	533	49.70	6.52	$3,473
Sep 2004	0	603	43.24	5.28	$3,186
Aug 2004	0	700	42.37	5.55	$3,885
Jul 2004	0	611	38.28	6.08	$3,717
Jun 2004	0	433	36.10	6.43	$2,786
May 2004	0	728	37.48	6.49	$4,728
Apr 2004	0	690	34.47	5.86	$4,042
Mar 2004	0	662	34.36	5.53	$3,661
Feb 2004	0	629	32.45	5.51	$3,466
Jan 2004	0	620	32.03	6.30	$3,906
Dec 2003	135	750	30.26	6.30	$8,811
Nov 2003	0	882	28.80	4.60	$4,053
Oct 2003	0	689	28.17	4.76	$3,279
Sep 2003	0	589	26.31	4.75	$2,797
Aug 2003	0	696	29.76	5.13	$3,570
Jul 2003	0	637	29.41	5.17	$3,294
Jun 2003	0	631	28.56	5.98	$3,775
May 2003	0	620	26.59	5.97	$3,703
Apr 2003	0	301	26.67	5.41	$1,628
Mar 2003	0	855	31.14	6.10	$5,212
Feb 2003	0	744	33.48	7.93	$5,897
Jan 2003	40	1,078	30.31	5.58	$7,230
Dec 2002	0	1,427	26.91	4.85	$6,926
Nov 2002	0	488	24.66	4.14	$2,019
Oct 2002	0	636	26.46	4.23	$2,690
Sep 2002	0	719	27.44	3.64	$2,614
Aug 2002	0	669	25.96	3.16	$2,117
Jul 2002	0	358	24.58	3.06	$1,096
Jun 2002	0	740	23.73	3.34	$2,470
May 2002	0	713	24.66	3.58	$2,555
Apr 2002	0	590	23.65	3.51	$2,072
Mar 2002	0	623	22.00	3.10	$1,933
Feb 2002	0	656	18.22	2.38	$1,558
Jan 2002	155	634	17.17	2.38	$4,168
Dec 2001	0	669	16.93	2.36	$1,582
Nov 2001	0	619	18.07	2.41	$1,489
Oct 2001	0	760	19.78	2.53	$1,922
Sep 2001	0	740	24.26	2.25	$1,666
Aug 2001	0	788	24.87	3.05	$2,406
Jul 2001	0	1,024	23.93	3.20	$3,274
Jun 2001	0	784	24.56	3.82	$2,998
May 2001	0	793	25.52	4.31	$3,416
Apr 2001	0	765	24.68	5.34	$4,082
Mar 2001	0	831	24.54	5.38	$4,468
Feb 2001	105	832	27.75	5.77	$7,712
Jan 2001	0	1,079	27.47	8.40	$9,062
Dec 2000	0	1,130	26.88	9.12	$10,308
Nov 2000	0	933	32.21	5.66	$5,279
Oct 2000	0	718	31.23	5.15	$3,694
Sep 2000	0	634	31.87	5.19	$3,288
Aug 2000	0	705	29.64	4.54	$3,201
Jul 2000	0	705	28.53	4.09	$2,883
Jun 2000	0	684	29.30	4.40	$3,008
May 2000	179	723	27.26	3.68	$7,540
Apr 2000	0	682	24.51	3.12	$2,125
Mar 2000	0	664	28.42	2.86	$1,899
Feb 2000	0	420	27.62	2.73	$1,145
Jan 2000	0	561	25.27	2.48	$1,392
Dec 1999	0	905	24.28	2.42	$2,193
Nov 1999	0	531	23.19	2.43	$1,292
Oct 1999	0	747	20.98	2.80	$2,094
Sep 1999	0	698	21.75	2.62	$1,828
Aug 1999	0	747	19.26	2.88	$2,148
Jul 1999	0	741	17.89	2.37	$1,758
Jun 1999	175	764	15.94	2.36	$4,594
May 1999	0	700	15.79	2.32	$1,625
Apr 1999	0	747	15.10	2.21	$1,649
Mar 1999	0	760	12.47	1.84	$1,397
Feb 1999	0	629	9.98	1.82	$1,143
Jan 1999	0	666	10.38	1.90	$1,265
Dec 1998	0	561	9.20	1.77	$995
Nov 1998	0	438	10.89	2.19	$957
Oct 1998	0	803	12.42	1.97	$1,581
Sep 1998	0	790	12.59	2.08	$1,645
Aug 1998	0	831	11.30	1.91	$1,585
Jul 1998	102	809	11.74	2.24	$3,007
Jun 1998	0	835	11.24	2.24	$1,868
May 1998	0	713	12.62	2.21	$1,573
Apr 1998	0	656	13.04	2.51	$1,644
Mar 1998	0	632	12.80	2.31	$1,460
Feb 1998	0	565	13.95	2.30	$1,299
Jan 1998	180	443	14.70	2.15	$3,601
Dec 1997	0	527	16.32	2.41	$1,271
Nov 1997	0	73	18.19	3.09	$225
Oct 1997	0	734	19.25	3.15	$2,312
Sep 1997	0	819	17.74	2.95	$2,420
Aug 1997	0	860	17.86	2.55	$2,197
Jul 1997	0	964	17.58	2.25	$2,166
Jun 1997	0	878	17.24	2.26	$1,982
May 1997	0	887	18.97	2.31	$2,048
Apr 1997	0	883	17.88	2.08	$1,839
Mar 1997	0	960	18.95	1.94	$1,862
Feb 1997	186	904	20.49	2.21	$5,805
Jan 1997	0	775	23.48	3.54	$2,743
Dec 1996	0	686	23.32	—	$0
Nov 1996	0	594	21.97	—	$0
Oct 1996	0	978	23.31	—	$0
Sep 1996	0	943	22.22	—	$0
Aug 1996	0	981	20.26	—	$0
Jul 1996	0	1,014	19.55	—	$0
Jun 1996	0	998	18.73	—	$0
May 1996	0	1,043	19.43	—	$0
Apr 1996	0	992	21.51	—	$0
Mar 1996	0	1,007	19.38	—	$0
Feb 1996	0	931	16.98	—	$0
Jan 1996	0	1,057	17.07	—	$0
Dec 1995	0	972	17.19	—	$0
Nov 1995	0	952	16.00	—	$0
Oct 1995	0	1,136	15.43	—	$0
Sep 1995	0	1,060	16.18	—	$0
Aug 1995	0	1,167	15.92	—	$0
Jul 1995	0	1,020	15.24	—	$0
Jun 1995	4	1,182	16.41	—	$66
May 1995	116	1,315	17.56	—	$2,037
Apr 1995	0	1,367	17.73	—	$0
Mar 1995	0	1,354	16.44	—	$0
Feb 1995	0	1,235	16.58	—	$0
Jan 1995	58	1,758	15.92	—	$923
Dec 1994	0	1,437	15.03	—	$0
Nov 1994	0	1,167	15.90	—	$0
Oct 1994	0	0	15.58	—	$0
Sep 1994	0	1,096	15.29	—	$0
Aug 1994	0	1,138	16.13	—	$0
Jul 1994	0	1,134	17.56	—	$0
Jun 1994	0	1,077	17.09	—	$0
May 1994	0	1,073	15.88	—	$0
Apr 1994	0	1,167	14.14	—	$0
Mar 1994	0	1,158	12.46	—	$0
Feb 1994	191	1,051	12.50	—	$2,388
Jan 1994	0	1,157	12.66	—	$0
Dec 1993	0	1,240	12.33	—	$0
Nov 1993	0	544	14.49	—	$0
Oct 1993	0	1,088	15.85	—	$0
Sep 1993	0	1,256	15.03	—	$0
Aug 1993	0	1,351	15.66	—	$0
Jul 1993	0	1,280	15.46	—	$0
Jun 1993	0	943	16.79	—	$0
May 1993	0	1,368	17.68	—	$0
Apr 1993	0	1,169	18.05	—	$0
Mar 1993	0	1,319	18.14	—	$0
Feb 1993	0	991	17.90	—	$0
Jan 1993	194	788	16.93	—	$3,284

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.

Sep 2007 — as filed, then multipliedworked

Condensate           101 bbl  × $ 75.84 =     $7,660
Gas                    0 Mcf  × $  6.24 =         $0

────────────────────────────────────────────────────
Month total                                   $7,660

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. 10/G/109885 is the state's own key, not one this site invented.