LOKEY

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

Operated by XTO ENERGY INC. (P-5 945936) in the LOKEY-MITCHELL (CONGL.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 114900District 7BField 54447500NGPA filingCondensateGasSave Export

Value, all time

$624 k

Jan 1993 – Jul 2013

Value, last 12 filed months

$11 k

at the published price for each month

Months reported

247

no gaps in the span

Streams

condensate, gas

The LOKEY-MITCHELL (CONGL.) 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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered

1984-11-20

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

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	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	145 bbl	$2,769
Gas	Production	257,197 Mcf	$621,029
Total			$623,799

110,868 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 32.5443, -97.9116. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.54428, -97.91162 · 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

5,650 ft

1 wells filed one

Completion to plug

28.7 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 5,650 ft.

Completions filed

Nov 1984

1 of 1 wells

Plug dates filed

Jul 2013

1 of 1 wells

Last completion to plug: a median of 28.7 years across the 1 well that filed both dates, with the middle half between 28.7 years and 28.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-22130746	5R	5,650 ft	Nov 1984	Jul 2013	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 (247)

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

247 months


Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	73	94.40	3.93	$287
May 2013	0	260	94.83	4.15	$1,079
Apr 2013	0	245	93.96	4.28	$1,049
Mar 2013	0	330	93.62	3.91	$1,291
Feb 2013	0	303	91.23	3.42	$1,036
Jan 2013	0	195	91.60	3.42	$667
Dec 2012	0	330	86.77	3.42	$1,129
Nov 2012	0	373	86.95	3.62	$1,352
Oct 2012	0	287	89.38	3.40	$976
Sep 2012	0	272	94.67	2.92	$794
Aug 2012	0	352	92.66	2.91	$1,024
Jul 2012	0	266	85.13	3.02	$804
Jun 2012	0	275	79.82	2.52	$693
May 2012	0	331	91.61	2.49	$824
Apr 2012	0	323	101.65	2.00	$645
Mar 2012	0	156	105.05	2.22	$347
Feb 2012	0	230	101.10	2.57	$591
Jan 2012	0	298	98.09	2.73	$815
Dec 2011	0	383	96.87	3.24	$1,241
Nov 2011	0	338	95.72	3.31	$1,119
Oct 2011	0	319	84.98	3.65	$1,164
Sep 2011	0	343	83.62	3.99	$1,367
Aug 2011	0	384	83.40	4.15	$1,593
Jul 2011	0	431	94.14	4.52	$1,947
Jun 2011	0	233	92.90	4.64	$1,081
May 2011	0	276	98.13	4.40	$1,216
Apr 2011	0	89	105.96	4.33	$386
Mar 2011	0	413	96.36	4.06	$1,676
Feb 2011	0	285	85.64	4.18	$1,191
Jan 2011	0	419	86.50	4.59	$1,923
Dec 2010	0	421	85.73	4.35	$1,830
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	471	78.10	3.51	$1,653
Sep 2010	0	363	72.63	3.98	$1,445
Aug 2010	0	714	73.68	4.42	$3,155
Jul 2010	0	211	72.55	4.74	$999
Jun 2010	0	266	70.36	4.91	$1,306
May 2010	0	340	71.12	4.24	$1,440
Apr 2010	0	338	81.69	4.12	$1,393
Mar 2010	0	488	78.39	4.39	$2,142
Feb 2010	0	353	73.58	5.44	$1,921
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	420	71.44	5.48	$2,303
Nov 2009	0	351	74.59	3.75	$1,317
Oct 2009	0	559	72.54	4.11	$2,298
Sep 2009	0	313	65.54	3.06	$959
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	147	61.13	3.46	$509
Jun 2009	0	183	66.16	3.90	$713
May 2009	0	301	54.74	3.93	$1,182
Apr 2009	0	628	46.77	3.59	$2,253
Mar 2009	0	250	42.14	4.06	$1,015
Feb 2009	0	182	32.81	4.63	$843
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	1,041	37.10	5.98	$6,222
Nov 2008	0	491	55.49	6.86	$3,368
Oct 2008	0	529	75.24	6.92	$3,662
Sep 2008	0	465	101.76	7.88	$3,663
Aug 2008	0	127	114.22	8.48	$1,077
Jul 2008	0	470	131.08	11.39	$5,353
Jun 2008	0	61	131.33	13.03	$795
May 2008	0	188	123.17	11.57	$2,176
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	387	101.90	9.66	$3,740
Feb 2008	0	538	92.53	8.77	$4,719
Jan 2008	0	561	90.38	8.21	$4,603
Dec 2007	0	502	88.33	7.30	$3,666
Nov 2007	0	360	91.67	7.29	$2,625
Oct 2007	0	404	82.85	6.92	$2,796
Sep 2007	0	485	75.84	6.24	$3,028
Aug 2007	0	476	69.06	6.39	$3,041
Jul 2007	0	445	70.90	6.39	$2,843
Jun 2007	0	338	62.00	7.55	$2,551
May 2007	0	441	58.74	7.85	$3,460
Apr 2007	0	435	59.61	7.81	$3,395
Mar 2007	0	363	56.92	7.30	$2,651
Feb 2007	0	299	55.10	8.22	$2,457
Jan 2007	0	291	50.30	6.73	$1,958
Dec 2006	0	448	56.65	6.92	$3,099
Nov 2006	0	357	54.20	7.62	$2,719
Oct 2006	0	502	54.90	6.01	$3,019
Sep 2006	0	417	60.08	5.04	$2,101
Aug 2006	0	152	68.71	7.34	$1,116
Jul 2006	0	311	69.37	6.34	$1,973
Jun 2006	0	461	66.28	6.38	$2,943
May 2006	0	412	66.01	6.42	$2,647
Apr 2006	0	523	64.39	7.36	$3,850
Mar 2006	0	501	56.70	7.08	$3,549
Feb 2006	0	524	57.59	7.75	$4,062
Jan 2006	0	536	60.59	8.93	$4,788
Dec 2005	0	573	54.94	13.42	$7,687
Nov 2005	0	556	54.69	10.59	$5,887
Oct 2005	0	595	58.34	13.80	$8,208
Sep 2005	0	615	61.45	12.08	$7,429
Aug 2005	0	569	61.51	9.80	$5,574
Jul 2005	0	565	55.69	7.84	$4,432
Jun 2005	0	450	52.33	7.38	$3,321
May 2005	0	503	45.22	6.65	$3,346
Apr 2005	0	640	49.20	7.36	$4,711
Mar 2005	0	500	50.37	7.15	$3,577
Feb 2005	0	527	45.22	6.31	$3,326
Jan 2005	0	487	43.16	6.32	$3,079
Dec 2004	0	43	39.86	6.75	$290
Nov 2004	0	451	45.28	6.33	$2,855
Oct 2004	0	666	49.70	6.52	$4,339
Sep 2004	0	669	43.24	5.28	$3,535
Aug 2004	17	621	42.37	5.55	$4,167
Jul 2004	0	812	38.28	6.08	$4,940
Jun 2004	0	744	36.10	6.43	$4,786
May 2004	0	794	37.48	6.49	$5,157
Apr 2004	0	765	34.47	5.86	$4,482
Mar 2004	0	837	34.36	5.53	$4,629
Feb 2004	0	738	32.45	5.51	$4,066
Jan 2004	0	895	32.03	6.30	$5,638
Dec 2003	0	827	30.26	6.30	$5,211
Nov 2003	0	755	28.80	4.60	$3,469
Oct 2003	0	963	28.17	4.76	$4,584
Sep 2003	0	836	26.31	4.75	$3,970
Aug 2003	0	948	29.76	5.13	$4,863
Jul 2003	0	1,000	29.41	5.17	$5,171
Jun 2003	0	908	28.56	5.98	$5,433
May 2003	0	879	26.59	5.97	$5,250
Apr 2003	0	980	26.67	5.41	$5,299
Mar 2003	0	974	31.14	6.10	$5,938
Feb 2003	0	848	33.48	7.93	$6,721
Jan 2003	0	1,050	30.31	5.58	$5,861
Dec 2002	0	1,146	26.91	4.85	$5,562
Nov 2002	0	1,026	24.66	4.14	$4,245
Oct 2002	0	1,109	26.46	4.23	$4,690
Sep 2002	0	1,163	27.44	3.64	$4,228
Aug 2002	0	1,203	25.96	3.16	$3,806
Jul 2002	0	1,081	24.58	3.06	$3,310
Jun 2002	0	1,040	23.73	3.34	$3,472
May 2002	0	1,096	24.66	3.58	$3,928
Apr 2002	0	1,157	23.65	3.51	$4,064
Mar 2002	0	1,199	22.00	3.10	$3,720
Feb 2002	0	1,053	18.22	2.38	$2,502
Jan 2002	0	1,181	17.17	2.38	$2,806
Dec 2001	0	1,089	16.93	2.36	$2,575
Nov 2001	0	1,003	18.07	2.41	$2,413
Oct 2001	0	1,160	19.78	2.53	$2,934
Sep 2001	0	1,215	24.26	2.25	$2,735
Aug 2001	0	1,202	24.87	3.05	$3,670
Jul 2001	0	1,194	23.93	3.20	$3,817
Jun 2001	0	1,284	24.56	3.82	$4,910
May 2001	0	1,250	25.52	4.31	$5,384
Apr 2001	0	1,240	24.68	5.34	$6,616
Mar 2001	0	1,212	24.54	5.38	$6,516
Feb 2001	0	1,054	27.75	5.77	$6,079
Jan 2001	0	1,261	27.47	8.40	$10,591
Dec 2000	0	1,086	26.88	9.12	$9,907
Nov 2000	0	1,142	32.21	5.66	$6,461
Oct 2000	0	1,249	31.23	5.15	$6,427
Sep 2000	0	1,174	31.87	5.19	$6,089
Aug 2000	0	992	29.64	4.54	$4,504
Jul 2000	0	1,006	28.53	4.09	$4,114
Jun 2000	0	1,023	29.30	4.40	$4,498
May 2000	0	1,138	27.26	3.68	$4,188
Apr 2000	0	977	24.51	3.12	$3,044
Mar 2000	0	1,050	28.42	2.86	$3,003
Feb 2000	0	1,008	27.62	2.73	$2,748
Jan 2000	0	974	25.27	2.48	$2,416
Dec 1999	0	1,096	24.28	2.42	$2,656
Nov 1999	0	1,156	23.19	2.43	$2,814
Oct 1999	0	1,108	20.98	2.80	$3,107
Sep 1999	0	1,196	21.75	2.62	$3,132
Aug 1999	0	1,326	19.26	2.88	$3,813
Jul 1999	0	1,250	17.89	2.37	$2,965
Jun 1999	0	1,168	15.94	2.36	$2,759
May 1999	0	1,176	15.79	2.32	$2,730
Apr 1999	0	1,265	15.10	2.21	$2,793
Mar 1999	0	1,363	12.47	1.84	$2,506
Feb 1999	0	1,270	9.98	1.82	$2,309
Jan 1999	0	1,291	10.38	1.90	$2,453
Dec 1998	0	956	9.20	1.77	$1,695
Nov 1998	0	1,182	10.89	2.19	$2,584
Oct 1998	0	1,222	12.42	1.97	$2,406
Sep 1998	0	1,204	12.59	2.08	$2,507
Aug 1998	0	1,310	11.30	1.91	$2,499
Jul 1998	0	1,314	11.74	2.24	$2,940
Jun 1998	0	1,316	11.24	2.24	$2,944
May 1998	0	1,433	12.62	2.21	$3,162
Apr 1998	0	1,260	13.04	2.51	$3,157
Mar 1998	0	1,419	12.80	2.31	$3,277
Feb 1998	0	1,296	13.95	2.30	$2,980
Jan 1998	0	1,404	14.70	2.15	$3,025
Dec 1997	0	1,394	16.32	2.41	$3,361
Nov 1997	0	1,521	18.19	3.09	$4,697
Oct 1997	0	1,481	19.25	3.15	$4,665
Sep 1997	0	1,516	17.74	2.95	$4,480
Aug 1997	0	1,645	17.86	2.55	$4,203
Jul 1997	0	1,611	17.58	2.25	$3,620
Jun 1997	0	1,462	17.24	2.26	$3,300
May 1997	0	1,685	18.97	2.31	$3,890
Apr 1997	0	1,641	17.88	2.08	$3,418
Mar 1997	0	1,822	18.95	1.94	$3,533
Feb 1997	0	1,696	20.49	2.21	$3,741
Jan 1997	0	1,902	23.48	3.54	$6,733
Dec 1996	0	1,908	23.32	—	$0
Nov 1996	0	1,769	21.97	—	$0
Oct 1996	0	1,955	23.31	—	$0
Sep 1996	0	2,010	22.22	—	$0
Aug 1996	0	2,064	20.26	—	$0
Jul 1996	0	2,224	19.55	—	$0
Jun 1996	0	2,151	18.73	—	$0
May 1996	0	2,130	19.43	—	$0
Apr 1996	0	2,100	21.51	—	$0
Mar 1996	0	2,228	19.38	—	$0
Feb 1996	0	1,988	16.98	—	$0
Jan 1996	0	2,413	17.07	—	$0
Dec 1995	0	2,683	17.19	—	$0
Nov 1995	0	2,577	16.00	—	$0
Oct 1995	0	1,578	15.43	—	$0
Sep 1995	0	1,508	16.18	—	$0
Aug 1995	0	1,853	15.92	—	$0
Jul 1995	0	2,072	15.24	—	$0
Jun 1995	0	2,190	16.41	—	$0
May 1995	0	1,803	17.56	—	$0
Apr 1995	0	1,785	17.73	—	$0
Mar 1995	1	2,630	16.44	—	$16
Feb 1995	1	2,364	16.58	—	$17
Jan 1995	1	2,285	15.92	—	$16
Dec 1994	1	2,054	15.03	—	$15
Nov 1994	1	2,446	15.90	—	$16
Oct 1994	0	2,644	15.58	—	$0
Sep 1994	0	2,589	15.29	—	$0
Aug 1994	0	2,499	16.13	—	$0
Jul 1994	0	2,635	17.56	—	$0
Jun 1994	30	2,591	17.09	—	$513
May 1994	0	2,672	15.88	—	$0
Apr 1994	0	2,706	14.14	—	$0
Mar 1994	0	2,717	12.46	—	$0
Feb 1994	0	2,786	12.50	—	$0
Jan 1994	0	3,342	12.66	—	$0
Dec 1993	0	3,564	12.33	—	$0
Nov 1993	0	3,291	14.49	—	$0
Oct 1993	0	3,549	15.85	—	$0
Sep 1993	0	2,929	15.03	—	$0
Aug 1993	93	3,533	15.66	—	$1,456
Jul 1993	0	2,017	15.46	—	$0
Jun 1993	0	1,474	16.79	—	$0
May 1993	0	1,555	17.68	—	$0
Apr 1993	0	1,162	18.05	—	$0
Mar 1993	0	1,752	18.14	—	$0
Feb 1993	0	2,019	17.90	—	$0
Jan 1993	0	2,074	16.93	—	$0

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.

Jun 2013 — as filed, then multipliedworked

Condensate             0 bbl  × $ 94.40 =         $0
Gas                   73 Mcf  × $  3.93 =       $287

────────────────────────────────────────────────────
Month total                                     $287

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. 7B/G/114900 is the state's own key, not one this site invented.