LOVETT, FANNIE -B-

Operated by RED LINE COMPANY, LTD. (P-5 697042) in the PANHANDLE GRAY COUNTY FIELD field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 601District 10Field 68873001OilCasinghead gasSaveExport
Value, all time
$1.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$51 k
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 837 leases and 6,360 wells, and the rule below applies to all of them.

Discovered
1921-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
467 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 1989-05-01.

The Commission's schedule remark for this field reads: UNTIL THE FLUID MIGRATION FROM SUCH STRATA IS ELIMINATED.

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
OilDisposition17,197 bbl$1,027,461
Casinghead gasProduction1,024 Mcf$0
Total$1,027,461

1,024 Mcf of this lease's gas, across 23 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 (7)

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 35.3867, -100.8648. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

35.38679, -100.86473 · 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
42.9%
3 of 7 wells
With a plug date
28.6%
2 of 7 wells
Median depth
3,111 ft
4 wells filed one
Completion to plug
52.3 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
342.9%
A plug date is filed
228.6%
BothOn the schedule and plugged. Neither fact cancels the other.
228.6%
NeitherNo plug date, and not on the schedule.
457.1%

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

Between 3,017 and 3,335 ft, median 3,111 ft, over the 4 wells that filed a depth.

Completions filed
Dec 1941 – Sep 1985
5 of 7 wells; 2 filed none
Plug dates filed
Nov 1994 – Jun 2019
2 of 7 wells; 5 filed none

Last completion to plug: a median of 52.3 years across the 2 wells that filed both dates, with the middle half between 52.0 years and 52.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

7 wells

42-179830281
42-179830314
42-1798303033,092 ftSep 1985Yes
42-1793129973,335 ftApr 1983
42-1798303363,130 ftOct 1967Jun 2019Yes
42-179830325Aug 1967
42-179033602W3,017 ftDec 1941Nov 1994Yes

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 2026179098.932.87$17,708
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 2026190059.138.00$11,235
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 2025175059.383.30$10,392
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 2025179066.743.32$11,946
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 2025177062.363.54$11,038
Mar 20250067.704.27$0
Feb 2025170070.884.34$12,050
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 2024179071.372.28$12,775
Sep 20240069.612.36$0
Aug 2024174075.632.06$13,160
Jul 20240079.932.15$0
Jun 2024190078.082.63$14,835
May 20240078.812.20$0
Apr 2024177084.451.66$14,948
Mar 20240080.301.55$0
Feb 2024169076.091.78$12,859
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 2023184077.892.81$14,332
Oct 20230085.443.09$0
Sep 2023172089.042.74$15,315
Aug 20230080.522.67$0
Jul 2023178074.852.64$13,323
Jun 2023193068.962.26$13,309
May 20230070.622.23$0
Apr 2023179078.122.24$13,983
Mar 2023179072.852.39$13,040
Feb 2023172075.112.47$12,919
Jan 20230076.533.39$0
Dec 2022191076.415.73$14,594
Nov 2022191085.005.65$16,235
Oct 20220087.185.86$0
Sep 2022184084.888.16$15,618
Aug 20220094.529.13$0
Jul 20221860101.587.54$18,894
Jun 20221920115.097.98$22,097
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 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 2016146048.763.72$7,119
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 2016174045.352.69$7,891
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 2016171033.011.79$5,645
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 2015164038.792.17$6,362
Oct 20150043.552.43$0
Sep 2015172042.992.76$7,394
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 2015170056.152.88$9,546
May 20150055.212.96$0
Apr 2015167049.822.71$8,320
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 2014170054.693.59$9,297
Nov 20140070.464.25$0
Oct 2014174078.303.90$13,624
Sep 20140086.164.05$0
Aug 2014152089.394.04$13,587
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 2014149094.734.73$14,115
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 201490090.404.86$8,136
Dec 20130091.824.35$0
Nov 2013174088.853.74$15,460
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 20131750104.253.52$18,244
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 2013169094.834.15$16,026
Apr 20130093.964.28$0
Mar 2013170093.623.91$15,915
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 2012170086.773.42$14,751
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 2012153094.672.92$14,485
Aug 2012170092.662.91$15,752
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 2012151091.612.49$13,833
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 2011169083.623.99$14,132
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 2011172092.904.64$15,979
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 2011174096.364.06$16,767
Feb 2011166085.644.18$14,216
Jan 20110086.504.59$0
Dec 2010170085.734.35$14,574
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 2010146073.684.42$10,757
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 2010172071.124.24$12,233
Apr 2010338081.694.12$27,611
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 2009177072.544.11$12,840
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 2009175061.133.46$10,698
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 2009174046.773.59$8,138
Mar 20090042.144.06$0
Feb 2009178032.814.63$5,840
Jan 2009174035.865.37$6,240
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 20081670123.1711.57$20,569
Apr 200800110.3110.45$0
Mar 20081760101.909.66$17,934
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 2007181091.677.29$16,592
Oct 2007173082.856.92$14,333
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 2007175058.747.85$10,280
Apr 20070059.617.81$0
Mar 2007181056.927.30$10,303
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 2006180054.906.01$9,882
Sep 20060060.085.04$0
Aug 2006153068.717.34$10,513
Jul 20060069.376.34$0
Jun 2006174066.286.38$11,533
May 20060066.016.42$0
Apr 2006182064.397.36$11,719
Mar 20060056.707.08$0
Feb 2006175057.597.75$10,078
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 2005176054.6910.59$9,625
Oct 20050058.3413.80$0
Sep 2005162061.4512.08$9,955
Aug 20050061.519.80$0
Jul 2005173055.697.84$9,634
Jun 20050052.337.38$0
May 2005174045.226.65$7,868
Apr 20050049.207.36$0
Mar 2005154050.377.15$7,757
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 2004167049.706.52$8,300
Sep 20040043.245.28$0
Aug 2004168042.375.55$7,118
Jul 2004176038.286.08$6,737
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 2004175034.365.53$6,013
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 2003176030.266.30$5,326
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 2003176029.765.13$5,238
Jul 20030029.415.17$0
Jun 2003173028.565.98$4,941
May 2003174026.595.97$4,627
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 2003175030.315.58$5,304
Dec 20020026.914.85$0
Nov 2002180024.664.14$4,439
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 1999188010.381.90$1,951
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 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 1997171017.742.95$3,034
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 1997171018.951.94$3,240
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 1996170019.43$3,303
Apr 19960021.51$0
Mar 19960019.38$0
Feb 1996262016.98$4,449
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950116.00$0
Oct 19950015.43$0
Sep 19951482516.18$2,395
Aug 19951743115.92$2,770
Jul 199502315.24$0
Jun 199504216.41$0
May 19951396417.56$2,441
Apr 19951804717.73$3,191
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 1994290015.03$4,359
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 19940016.13$0
Jul 19940017.56$0
Jun 19940017.09$0
May 19940015.88$0
Apr 199401014.14$0
Mar 199402712.46$0
Feb 199402112.50$0
Jan 199402512.66$0
Dec 199305112.33$0
Nov 199305714.49$0
Oct 199305015.85$0
Sep 199304115.03$0
Aug 1993108115.66$1,691
Jul 19931087715.46$1,670
Jun 19931297316.79$2,166
May 19931217617.68$2,139
Apr 19931787218.05$3,213
Mar 1993967618.14$1,741
Feb 1993165717.90$286
Jan 19932767716.93$4,673

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.

Apr 2026 — as filed, then multipliedworked
Oil                  179 bbl  × $ 98.93 =    $17,708
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                  $17,708

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/O/601 is the state's own key, not one this site invented.