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 122999District 7BField 19280700NGPA filingGasSaveExport
Value, all time
$22 k
Jan 1993 – Jul 2013
Value, last 12 filed months
$442
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
GasProduction17,426 Mcf$22,098
Total$22,098

12,341 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 32.5436, -97.9020. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.54359, -97.90199 · 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
3,200 ft
1 wells filed one
Completion to plug
26.6 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 3,200 ft.

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

Last completion to plug: a median of 26.6 years across the 1 well that filed both dates, with the middle half between 26.6 years and 26.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2213078683,200 ftDec 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 2013894.403.93$31
May 20132394.834.15$95
Apr 20132293.964.28$94
Mar 2013893.623.91$31
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012189.383.40$3
Sep 20122794.672.92$79
Aug 20123792.662.91$108
Jul 20123185.133.02$94
Jun 20123279.822.52$81
May 20123791.612.49$92
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011196.873.24$3
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011483.404.15$17
Jul 2011394.144.52$14
Jun 20112692.904.64$121
May 20112698.134.40$115
Apr 201125105.964.33$108
Mar 20112696.364.06$105
Feb 20111785.644.18$71
Jan 20112286.504.59$101
Dec 20102185.734.35$91
Nov 2010080.843.80$0
Oct 2010178.103.51$4
Sep 20101172.633.98$44
Aug 20102873.684.42$124
Jul 2010472.554.74$19
Jun 2010170.364.91$5
May 2010571.124.24$21
Apr 2010281.694.12$8
Mar 20101378.394.39$57
Feb 20103273.585.44$174
Jan 2010074.365.96$0
Dec 20093871.445.48$208
Nov 20093774.593.75$139
Oct 20094272.544.11$173
Sep 20094565.543.06$138
Aug 20091967.423.22$61
Jul 20093561.133.46$121
Jun 20092166.163.90$82
May 20093054.743.93$118
Apr 20095946.773.59$212
Mar 20091242.144.06$49
Feb 2009432.814.63$19
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 200814101.767.88$110
Aug 200847114.228.48$399
Jul 200865131.0811.39$740
Jun 200846131.3313.03$600
May 200839123.1711.57$451
Apr 20080110.3110.45$0
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 2007088.337.30$0
Nov 2007091.677.29$0
Oct 2007082.856.92$0
Sep 2007075.846.24$0
Aug 2007069.066.39$0
Jul 2007070.906.39$0
Jun 20071562.007.55$113
May 2007058.747.85$0
Apr 2007059.617.81$0
Mar 2007056.927.30$0
Feb 2007055.108.22$0
Jan 2007050.306.73$0
Dec 2006056.656.92$0
Nov 2006054.207.62$0
Oct 2006054.906.01$0
Sep 2006060.085.04$0
Aug 20062068.717.34$147
Jul 20062869.376.34$178
Jun 20063266.286.38$204
May 20063666.016.42$231
Apr 20064464.397.36$324
Mar 20063756.707.08$262
Feb 20063957.597.75$302
Jan 20063060.598.93$268
Dec 2005054.9413.42$0
Nov 20053454.6910.59$360
Oct 20053658.3413.80$497
Sep 20054561.4512.08$544
Aug 20053861.519.80$372
Jul 20053755.697.84$290
Jun 20053152.337.38$229
May 20053845.226.65$253
Apr 20054049.207.36$294
Mar 20053750.377.15$265
Feb 2005045.226.31$0
Jan 2005043.166.32$0
Dec 2004039.866.75$0
Nov 20043245.286.33$203
Oct 20044049.706.52$261
Sep 20044243.245.28$222
Aug 20044042.375.55$222
Jul 20044438.286.08$268
Jun 20043936.106.43$251
May 20044137.486.49$266
Apr 20044134.475.86$240
Mar 20044534.365.53$249
Feb 20042432.455.51$132
Jan 20042732.036.30$170
Dec 2003030.266.30$0
Nov 2003028.804.60$0
Oct 2003028.174.76$0
Sep 2003026.314.75$0
Aug 20034429.765.13$226
Jul 20034429.415.17$228
Jun 20033728.565.98$221
May 20033726.595.97$221
Apr 2003026.675.41$0
Mar 2003031.146.10$0
Feb 20031933.487.93$151
Jan 20031830.315.58$100
Dec 20021126.914.85$53
Nov 2002024.664.14$0
Oct 2002026.464.23$0
Sep 20024427.443.64$160
Aug 20024425.963.16$139
Jul 20024524.583.06$138
Jun 20024523.733.34$150
May 2002024.663.58$0
Apr 2002823.653.51$28
Mar 2002022.003.10$0
Feb 20022118.222.38$50
Jan 20023417.172.38$81
Dec 20011916.932.36$45
Nov 2001018.072.41$0
Oct 20013019.782.53$76
Sep 20013924.262.25$88
Aug 20012024.873.05$61
Jul 20014423.933.20$141
Jun 20014224.563.82$161
May 20014425.524.31$190
Apr 20014024.685.34$213
Mar 2001024.545.38$0
Feb 20011027.755.77$58
Jan 2001827.478.40$67
Dec 2000126.889.12$9
Nov 2000032.215.66$0
Oct 20001631.235.15$82
Sep 20003731.875.19$192
Aug 20004429.644.54$200
Jul 20005828.534.09$237
Jun 20005129.304.40$224
May 20005527.263.68$202
Apr 20006024.513.12$187
Mar 20005928.422.86$169
Feb 20005627.622.73$153
Jan 20005825.272.48$144
Dec 19995824.282.42$141
Nov 19993323.192.43$80
Oct 19991720.982.80$48
Sep 19993221.752.62$84
Aug 19994219.262.88$121
Jul 1999017.892.37$0
Jun 19992115.942.36$50
May 19993415.792.32$79
Apr 19993415.102.21$75
Mar 19991612.471.84$29
Feb 1999299.981.82$53
Jan 19992710.381.90$51
Dec 1998139.201.77$23
Nov 19983210.892.19$70
Oct 19986312.421.97$124
Sep 19986712.592.08$140
Aug 19986311.301.91$120
Jul 19986811.742.24$152
Jun 19986411.242.24$143
May 19986612.622.21$146
Apr 19986213.042.51$155
Mar 19983512.802.31$81
Feb 19985513.952.30$126
Jan 19985714.702.15$123
Dec 19974816.322.41$116
Nov 19973418.193.09$105
Oct 19971619.253.15$50
Sep 19975217.742.95$154
Aug 19975317.862.55$135
Jul 19976417.582.25$144
Jun 19978517.242.26$192
May 19978618.972.31$199
Apr 19978617.882.08$179
Mar 19979718.951.94$188
Feb 19978620.492.21$190
Jan 19976923.483.54$244
Dec 19963523.32$0
Nov 19964021.97$0
Oct 19967323.31$0
Sep 199610522.22$0
Aug 19968720.26$0
Jul 19968719.55$0
Jun 199610918.73$0
May 199612719.43$0
Apr 199615321.51$0
Mar 199622619.38$0
Feb 199614516.98$0
Jan 199610517.07$0
Dec 199514017.19$0
Nov 199515316.00$0
Oct 199525015.43$0
Sep 199515016.18$0
Aug 199523815.92$0
Jul 199524215.24$0
Jun 199522616.41$0
May 199521917.56$0
Apr 199522617.73$0
Mar 199529416.44$0
Feb 199521316.58$0
Jan 199530315.92$0
Dec 199424015.03$0
Nov 199422415.90$0
Oct 199424015.58$0
Sep 199424015.29$0
Aug 199429516.13$0
Jul 199432817.56$0
Jun 199435117.09$0
May 199433415.88$0
Apr 199429014.14$0
Mar 199428812.46$0
Feb 199431012.50$0
Jan 199438412.66$0
Dec 199339112.33$0
Nov 199336914.49$0
Oct 199335615.85$0
Sep 199335715.03$0
Aug 199333215.66$0
Jul 199342215.46$0
Jun 199340616.79$0
May 199348117.68$0
Apr 199342018.05$0
Mar 199345118.14$0
Feb 199344317.90$0
Jan 199344316.93$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
Gas                    8 Mcf  × $  3.93 =        $31

────────────────────────────────────────────────────
Month total                                      $31

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/122999 is the state's own key, not one this site invented.