LOTT 2

Name: LOTT 2 lease production and value, Jul 2005 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by UNBRIDLED RESOURCES, LLC (P-5 875461) in the B & B (ATOKA GRANITE WASH) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 213485District 10Field 046600032 tax incentive programmesCondensateGasSave Export

Value, all time

$6.0 M

Jul 2005 – May 2021

Value, last 12 filed months

$620

at the published price for each month

Months reported

191

no gaps in the span

Streams

condensate, gas

The B & B (ATOKA 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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered

2001-02-02

as the register files it

Field class

Gas

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 11/01/2006.”

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
High Cost Gas	1	1	2006-05-31	167027
NGPA	1	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	28,565 bbl	$1,999,468
Gas	Production	578,686 Mcf	$4,030,433
Total			$6,029,901

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 35.5446, -100.2257. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.54458, -100.22571 · 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

14,058 ft

1 wells filed one

Completion to plug

14.6 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 14,058 ft.

Completions filed

Jul 2005

1 of 1 wells

Plug dates filed

Feb 2020

1 of 1 wells

Last completion to plug: a median of 14.6 years across the 1 well that filed both dates, with the middle half between 14.6 years and 14.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-48331875	2	14,058 ft	Jul 2005	Feb 2020	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 (191)

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

191 months


May 2021	0	0	63.48	3.02	$0
Apr 2021	0	0	60.36	2.76	$0
Mar 2021	0	0	61.30	2.72	$0
Feb 2021	0	0	57.80	5.55	$0
Jan 2021	0	0	50.41	2.81	$0
Dec 2020	0	0	44.64	2.68	$0
Nov 2020	16	0	38.77	2.71	$620
Oct 2020	0	0	36.97	2.48	$0
Sep 2020	0	0	37.09	1.99	$0
Aug 2020	0	0	39.98	2.39	$0
Jul 2020	0	0	38.37	1.83	$0
Jun 2020	0	0	34.90	1.69	$0
May 2020	0	0	16.92	1.81	$0
Apr 2020	0	0	14.75	1.80	$0
Mar 2020	0	0	30.34	1.86	$0
Feb 2020	0	0	49.88	1.98	$0
Jan 2020	0	0	57.25	2.09	$0
Dec 2019	0	0	59.01	2.30	$0
Nov 2019	0	0	55.30	2.75	$0
Oct 2019	0	0	53.47	2.42	$0
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	44	0	48.15	2.95	$2,119
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	66	55.21	2.96	$195
Apr 2015	0	402	49.82	2.71	$1,088
Mar 2015	0	440	42.89	2.93	$1,291
Feb 2015	0	392	44.66	2.98	$1,167
Jan 2015	0	379	43.43	3.10	$1,175
Dec 2014	6	602	54.69	3.59	$2,490
Nov 2014	2	669	70.46	4.25	$2,985
Oct 2014	5	541	78.30	3.90	$2,502
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	54	0	97.42	3.78	$5,261
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	307	93.96	4.28	$1,315
Mar 2013	45	444	93.62	3.91	$5,950
Feb 2013	75	8	91.23	3.42	$6,870
Jan 2013	0	290	91.60	3.42	$992
Dec 2012	0	417	86.77	3.42	$1,426
Nov 2012	0	399	86.95	3.62	$1,446
Oct 2012	0	394	89.38	3.40	$1,339
Sep 2012	0	380	94.67	2.92	$1,109
Aug 2012	0	447	92.66	2.91	$1,300
Jul 2012	0	1,129	85.13	3.02	$3,410
Jun 2012	0	1,406	79.82	2.52	$3,542
May 2012	0	417	91.61	2.49	$1,038
Apr 2012	0	327	101.65	2.00	$653
Mar 2012	88	215	105.05	2.22	$9,722
Feb 2012	0	306	101.10	2.57	$786
Jan 2012	0	362	98.09	2.73	$990
Dec 2011	0	394	96.87	3.24	$1,276
Nov 2011	1	1,042	95.72	3.31	$3,546
Oct 2011	181	2,869	84.98	3.65	$25,849
Sep 2011	384	3,099	83.62	3.99	$44,462
Aug 2011	191	7,232	83.40	4.15	$45,937
Jul 2011	745	11,271	94.14	4.52	$121,048
Jun 2011	183	6,271	92.90	4.64	$46,097
May 2011	586	7,046	98.13	4.40	$88,541
Apr 2011	387	7,608	105.96	4.33	$73,974
Mar 2011	194	6,927	96.36	4.06	$46,799
Feb 2011	1,147	12,183	85.64	4.18	$149,154
Jan 2011	1,358	21,684	86.50	4.59	$216,970
Dec 2010	540	7,741	85.73	4.35	$79,950
Nov 2010	395	1,614	80.84	3.80	$38,057
Oct 2010	0	1,194	78.10	3.51	$4,190
Sep 2010	0	981	72.63	3.98	$3,904
Aug 2010	0	1,166	73.68	4.42	$5,153
Jul 2010	1	1,773	72.55	4.74	$8,470
Jun 2010	197	1,489	70.36	4.91	$21,173
May 2010	0	1,421	71.12	4.24	$6,018
Apr 2010	190	1,585	81.69	4.12	$22,056
Mar 2010	0	1,488	78.39	4.39	$6,530
Feb 2010	0	1,457	73.58	5.44	$7,930
Jan 2010	181	2,379	74.36	5.96	$27,648
Dec 2009	7	3,214	71.44	5.48	$18,125
Nov 2009	395	3,767	74.59	3.75	$43,595
Oct 2009	182	5,849	72.54	4.11	$37,243
Sep 2009	397	8,795	65.54	3.06	$52,974
Aug 2009	604	12,399	67.42	3.22	$80,628
Jul 2009	759	14,783	61.13	3.46	$97,613
Jun 2009	403	13,136	66.16	3.90	$77,827
May 2009	27	13,889	54.74	3.93	$56,003
Apr 2009	242	17,732	46.77	3.59	$74,932
Mar 2009	633	19,238	42.14	4.06	$104,762
Feb 2009	834	19,956	32.81	4.63	$119,820
Jan 2009	202	3,615	35.86	5.37	$26,660
Dec 2008	199	3,355	37.10	5.98	$27,436
Nov 2008	5	1,987	55.49	6.86	$13,909
Oct 2008	184	2,520	75.24	6.92	$31,288
Sep 2008	194	3,071	101.76	7.88	$43,932
Aug 2008	189	3,103	114.22	8.48	$47,910
Jul 2008	192	3,118	131.08	11.39	$60,680
Jun 2008	191	3,126	131.33	13.03	$65,824
May 2008	188	3,260	123.17	11.57	$60,888
Apr 2008	195	3,188	110.31	10.45	$54,841
Mar 2008	182	3,065	101.90	9.66	$48,166
Feb 2008	380	2,649	92.53	8.77	$58,395
Jan 2008	11	2,960	90.38	8.21	$25,283
Dec 2007	200	3,396	88.33	7.30	$42,463
Nov 2007	196	3,465	91.67	7.29	$43,233
Oct 2007	6	3,422	82.85	6.92	$24,184
Sep 2007	172	3,819	75.84	6.24	$36,891
Aug 2007	339	3,695	69.06	6.39	$47,015
Jul 2007	200	3,979	70.90	6.39	$39,598
Jun 2007	188	3,777	62.00	7.55	$40,167
May 2007	389	4,671	58.74	7.85	$59,500
Apr 2007	384	3,604	59.61	7.81	$51,020
Mar 2007	11	4,506	56.92	7.30	$33,529
Feb 2007	210	4,615	55.10	8.22	$49,488
Jan 2007	215	4,795	50.30	6.73	$43,070
Dec 2006	613	5,175	56.65	6.92	$70,529
Nov 2006	205	5,355	54.20	7.62	$51,903
Oct 2006	212	5,853	54.90	6.01	$46,838
Sep 2006	212	5,977	60.08	5.04	$42,844
Aug 2006	581	6,291	68.71	7.34	$86,096
Jul 2006	216	6,726	69.37	6.34	$57,645
Jun 2006	380	7,277	66.28	6.38	$71,642
May 2006	416	8,157	66.01	6.42	$79,869
Apr 2006	767	8,752	64.39	7.36	$113,806
Mar 2006	236	10,033	56.70	7.08	$84,444
Feb 2006	602	9,780	57.59	7.75	$110,475
Jan 2006	806	12,776	60.59	8.93	$162,968
Dec 2005	599	14,179	54.94	13.42	$223,126
Nov 2005	919	17,686	54.69	10.59	$237,527
Oct 2005	1,303	24,192	58.34	13.80	$409,764
Sep 2005	1,838	34,414	61.45	12.08	$528,632
Aug 2005	2,155	51,153	61.51	9.80	$633,692
Jul 2005	4	2,738	55.69	7.84	$21,699

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.

Nov 2020 — as filed, then multipliedworked

Condensate            16 bbl  × $ 38.77 =       $620
Gas                    0 Mcf  × $  2.71 =         $0

────────────────────────────────────────────────────
Month total                                     $620

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/213485 is the state's own key, not one this site invented.