LOCKHART 58

Operated by EOG RESOURCES, INC. (P-5 253162) in the SPARKS (TONKAWA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7365District 10Field 84932500OilCasinghead gasSaveExport
Value, all time
$7.2 M
Aug 2000 – Oct 2004
Value, last 12 filed months
$315 k
at the published price for each month
Months reported
51
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 27 leases and 34 wells, and the rule below applies to all of them.

Discovered
1965-08-26
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 160 acres. The field rule took effect on 1966-11-03.

The Commission's schedule remark for this field reads: CONSOLIDATED INTO FELDMAN (TONKAWA) EFF 9/29/09.

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
OilDisposition123,374 bbl$3,080,657
Casinghead gasProduction925,707 Mcf$4,098,280
Total$7,178,936

Wells on this lease (2)

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 36.0285, -100.1954. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

36.02846, -100.19542 · 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%
2 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
7,823 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
2100.0%
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

Between 7,815 and 7,830 ft, median 7,823 ft, over the 2 wells that filed a depth.

Completions filed
Dec 2000 – May 2004
2 of 2 wells

2 wells

42-2113243617,830 ftMay 2004Yes
42-2113247527,815 ftDec 2000Yes

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 (51)

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

51 months

Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20044972,76834.365.53$32,384
Feb 20045768,23132.455.51$64,041
Jan 20043819,33032.036.30$70,979
Dec 20035689,98330.266.30$80,097
Nov 200361410,84628.804.60$67,522
Oct 200378112,27928.174.76$80,444
Sep 200376712,72726.314.75$80,625
Aug 200394313,59529.765.13$97,802
Jul 200375312,84129.415.17$88,544
Jun 200396211,78128.565.98$97,960
May 200397314,09626.595.97$110,063
Apr 200380612,80826.675.41$90,752
Mar 200375912,80831.146.10$101,713
Feb 200378014,75733.487.93$143,077
Jan 20031,36118,95230.315.58$147,043
Dec 20021,74620,36526.914.85$145,832
Nov 20021,56221,00624.664.14$125,420
Oct 20021,92420,84426.464.23$139,061
Sep 20021,72720,50227.443.64$121,918
Aug 20022,48422,54725.963.16$135,827
Jul 20022,08922,11224.583.06$119,049
Jun 20022,09624,52223.733.34$131,598
May 20022,88023,80324.663.58$156,331
Apr 20022,74924,73623.653.51$151,895
Mar 20022,95427,36122.003.10$149,882
Feb 20024,00426,94618.222.38$136,968
Jan 20023,14131,44717.172.38$128,639
Dec 20014,45133,48816.932.36$154,534
Nov 20015,50034,54218.072.41$182,476
Oct 20012,28214,69419.782.53$82,297
Sep 20014,46833,50224.262.25$183,817
Aug 20014,91635,65924.873.05$231,134
Jul 20015,52137,06323.933.20$250,611
Jun 20015,85535,92324.563.82$281,174
May 20016,82132,81025.524.31$315,395
Apr 20015,58433,18324.685.34$314,855
Mar 20017,87242,05524.545.38$419,285
Feb 20017,19345,26927.755.77$460,676
Jan 200111,07264,21927.478.40$843,508
Dec 20003,9539,21226.889.12$190,293
Nov 20001,7482,70432.215.66$71,602
Oct 20001,8153,17031.235.15$72,994
Sep 20002,5352,87931.875.19$95,722
Aug 20009111,34229.644.54$33,096

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.

Mar 2004 — as filed, then multipliedworked
Oil                  497 bbl  × $ 34.36 =    $17,077
Casinghead gas     2,768 Mcf  × $  5.53 =    $15,307

────────────────────────────────────────────────────
Month total                                  $32,384

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/7365 is the state's own key, not one this site invented.