LOKEY

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

Gas lease lease 121125District 7BField 19280700NGPA filingGasSaveExport
Value, all time
$136 k
Jan 1993 – Jul 2013
Value, last 12 filed months
$244
at the published price for each month
Months reported
247
no gaps in the span
Streams
1
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 92 leases and 92 wells, and the rule below applies to all of them.

Discovered
1982-02-24
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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

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.

StreamBasisVolumeValue
GasProduction48,097 Mcf$135,800
Total$135,800

19,719 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 32.5407, -97.9095. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.54072, -97.90953 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
5,000 ft
1 wells filed one
Completion to plug
27.3 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 5,000 ft.

Completions filed
Apr 1986
1 of 1 wells
Plug dates filed
Jul 2013
1 of 1 wells

Last completion to plug: a median of 27.3 years across the 1 well that filed both dates, with the middle half between 27.3 years and 27.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2213077865,000 ftApr 1986Jul 2013Yes

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 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012286.773.42$7
Nov 2012086.953.62$0
Oct 2012389.383.40$10
Sep 20125194.672.92$149
Aug 20122792.662.91$79
Jul 2012185.133.02$3
Jun 2012179.822.52$3
May 20125291.612.49$129
Apr 201235101.652.00$70
Mar 201212105.052.22$27
Feb 20125101.102.57$13
Jan 2012098.092.73$0
Dec 2011396.873.24$10
Nov 2011095.723.31$0
Oct 20111584.983.65$55
Sep 20111583.623.99$60
Aug 20113583.404.15$145
Jul 20112694.144.52$117
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 201132105.964.33$139
Mar 20119196.364.06$369
Feb 20117085.644.18$293
Jan 20119286.504.59$422
Dec 20105085.734.35$217
Nov 2010080.843.80$0
Oct 20101678.103.51$56
Sep 20109272.633.98$366
Aug 201019973.684.42$879
Jul 20107472.554.74$351
Jun 20105070.364.91$246
May 201012671.124.24$534
Apr 20107781.694.12$317
Mar 201014078.394.39$614
Feb 201010773.585.44$582
Jan 2010074.365.96$0
Dec 200911671.445.48$636
Nov 20097974.593.75$296
Oct 200914272.544.11$584
Sep 20098265.543.06$251
Aug 20091167.423.22$35
Jul 20094461.133.46$152
Jun 20095366.163.90$206
May 200911154.743.93$436
Apr 200920246.773.59$725
Mar 20097342.144.06$296
Feb 20092432.814.63$111
Jan 2009035.865.37$0
Dec 200822637.105.98$1,351
Nov 20089355.496.86$638
Oct 200810275.246.92$706
Sep 2008130101.767.88$1,024
Aug 200881114.228.48$687
Jul 2008163131.0811.39$1,856
Jun 2008164131.3313.03$2,137
May 2008133123.1711.57$1,539
Apr 20080110.3110.45$0
Mar 200883101.909.66$802
Feb 200821592.538.77$1,886
Jan 200816590.388.21$1,354
Dec 200720188.337.30$1,468
Nov 2007091.677.29$0
Oct 20079582.856.92$658
Sep 200712075.846.24$749
Aug 200720069.066.39$1,278
Jul 200711170.906.39$709
Jun 20077762.007.55$581
May 200711458.747.85$894
Apr 200711859.617.81$921
Mar 200710656.927.30$774
Feb 20079755.108.22$797
Jan 200711150.306.73$747
Dec 200613956.656.92$962
Nov 200610754.207.62$815
Oct 200611754.906.01$704
Sep 200610060.085.04$504
Aug 20067168.717.34$521
Jul 20068869.376.34$558
Jun 20069766.286.38$619
May 200612966.016.42$829
Apr 200613364.397.36$979
Mar 20069956.707.08$701
Feb 200611857.597.75$915
Jan 200610260.598.93$911
Dec 200510054.9413.42$1,342
Nov 200511354.6910.59$1,196
Oct 200512258.3413.80$1,683
Sep 200512561.4512.08$1,510
Aug 200514661.519.80$1,430
Jul 200513655.697.84$1,067
Jun 200514252.337.38$1,048
May 200511145.226.65$738
Apr 200513049.207.36$957
Mar 200519250.377.15$1,374
Feb 200519445.226.31$1,225
Jan 200523543.166.32$1,486
Dec 200429139.866.75$1,965
Nov 200421045.286.33$1,329
Oct 200421749.706.52$1,414
Sep 200426043.245.28$1,374
Aug 200419342.375.55$1,071
Jul 200434838.286.08$2,117
Jun 200431936.106.43$2,052
May 200417337.486.49$1,124
Apr 200422334.475.86$1,306
Mar 200421534.365.53$1,189
Feb 200422332.455.51$1,229
Jan 200422932.036.30$1,443
Dec 200325330.266.30$1,594
Nov 200319528.804.60$896
Oct 200321128.174.76$1,004
Sep 200318926.314.75$898
Aug 200322529.765.13$1,154
Jul 200320229.415.17$1,045
Jun 200318528.565.98$1,107
May 200317026.595.97$1,015
Apr 200318226.675.41$984
Mar 200318931.146.10$1,152
Feb 200315633.487.93$1,236
Jan 200316730.315.58$932
Dec 200217126.914.85$830
Nov 200217224.664.14$712
Oct 200218226.464.23$770
Sep 200218127.443.64$658
Aug 200217025.963.16$538
Jul 200217424.583.06$533
Jun 200217523.733.34$584
May 200218024.663.58$645
Apr 200218823.653.51$660
Mar 200218322.003.10$568
Feb 200215918.222.38$378
Jan 200217917.172.38$425
Dec 200123216.932.36$549
Nov 200121518.072.41$517
Oct 200120019.782.53$506
Sep 200121524.262.25$484
Aug 200118524.873.05$565
Jul 200120723.933.20$662
Jun 200127824.563.82$1,063
May 200122425.524.31$965
Apr 200120424.685.34$1,088
Mar 200122524.545.38$1,210
Feb 200118527.755.77$1,067
Jan 200120927.478.40$1,755
Dec 200022326.889.12$2,034
Nov 200024632.215.66$1,392
Oct 200024431.235.15$1,256
Sep 200025431.875.19$1,317
Aug 200026329.644.54$1,194
Jul 200029728.534.09$1,215
Jun 200029729.304.40$1,306
May 200019527.263.68$718
Apr 200016724.513.12$520
Mar 200023928.422.86$683
Feb 200024727.622.73$673
Jan 200022525.272.48$558
Dec 199917724.282.42$429
Nov 199918723.192.43$455
Oct 199916320.982.80$457
Sep 199915621.752.62$409
Aug 199916919.262.88$486
Jul 199920217.892.37$479
Jun 199917215.942.36$406
May 199920415.792.32$473
Apr 199918415.102.21$406
Mar 199916212.471.84$298
Feb 19991509.981.82$273
Jan 199919210.381.90$365
Dec 19981719.201.77$303
Nov 199818310.892.19$400
Oct 199821512.421.97$423
Sep 199820112.592.08$419
Aug 199819511.301.91$372
Jul 199820911.742.24$468
Jun 199818111.242.24$405
May 199817712.622.21$391
Apr 199820913.042.51$524
Mar 199818512.802.31$427
Feb 199818213.952.30$418
Jan 199821414.702.15$461
Dec 199720216.322.41$487
Nov 199720118.193.09$621
Oct 199719119.253.15$602
Sep 199720617.742.95$609
Aug 199721817.862.55$557
Jul 199725617.582.25$575
Jun 199719517.242.26$440
May 199722318.972.31$515
Apr 199724117.882.08$502
Mar 199723118.951.94$448
Feb 199728120.492.21$620
Jan 199729123.483.54$1,030
Dec 199610923.32$0
Nov 199624321.97$0
Oct 199624823.31$0
Sep 199623122.22$0
Aug 199624120.26$0
Jul 199627319.55$0
Jun 199628418.73$0
May 199628219.43$0
Apr 199630921.51$0
Mar 199630119.38$0
Feb 199628216.98$0
Jan 199628217.07$0
Dec 199532417.19$0
Nov 199533116.00$0
Oct 199537015.43$0
Sep 199539216.18$0
Aug 199539515.92$0
Jul 199541115.24$0
Jun 199523216.41$0
May 199535517.56$0
Apr 199532317.73$0
Mar 199533816.44$0
Feb 199542516.58$0
Jan 199537615.92$0
Dec 199445615.03$0
Nov 199448215.90$0
Oct 199458215.58$0
Sep 199454515.29$0
Aug 199461516.13$0
Jul 199462117.56$0
Jun 199446117.09$0
May 199455715.88$0
Apr 199457114.14$0
Mar 199464912.46$0
Feb 199457212.50$0
Jan 199471012.66$0
Dec 199373012.33$0
Nov 199345214.49$0
Oct 199362115.85$0
Sep 199337815.03$0
Aug 199337315.66$0
Jul 199354115.46$0
Jun 199337916.79$0
May 199342717.68$0
Apr 199342118.05$0
Mar 199337218.14$0
Feb 199335917.90$0
Jan 199348816.93$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.

Dec 2012 — as filed, then multipliedworked
Gas                    2 Mcf  × $  3.42 =         $7

────────────────────────────────────────────────────
Month total                                       $7

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/121125 is the state's own key, not one this site invented.