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 COCKRELL (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 123224District 7BField 19280700NGPA filingGasSave Export

Value, all time

$187 k

Jan 1993 – Aug 2013

Value, last 12 filed months

$8 k

at the published price for each month

Months reported

248

no gaps in the span

Streams

gas

The COCKRELL (STRAWN) 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 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.

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
Gas	Production	77,244 Mcf	$187,346
Total			$187,346

32,734 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 32.5479, -97.9014. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.54790, -97.90139 · 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

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

Jan 1987

1 of 1 wells

Plug dates filed

Aug 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


42-22130795	7	3,200 ft	Jan 1987	Aug 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 (248)

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

248 months


Aug 2013	0	104.25	3.52	$0
Jul 2013	0	102.52	3.72	$0
Jun 2013	75	94.40	3.93	$295
May 2013	251	94.83	4.15	$1,041
Apr 2013	217	93.96	4.28	$929
Mar 2013	272	93.62	3.91	$1,064
Feb 2013	290	91.23	3.42	$992
Jan 2013	107	91.60	3.42	$366
Dec 2012	246	86.77	3.42	$841
Nov 2012	352	86.95	3.62	$1,276
Oct 2012	193	89.38	3.40	$656
Sep 2012	224	94.67	2.92	$654
Aug 2012	196	92.66	2.91	$570
Jul 2012	138	85.13	3.02	$417
Jun 2012	142	79.82	2.52	$358
May 2012	224	91.61	2.49	$557
Apr 2012	233	101.65	2.00	$465
Mar 2012	0	105.05	2.22	$0
Feb 2012	0	101.10	2.57	$0
Jan 2012	0	98.09	2.73	$0
Dec 2011	316	96.87	3.24	$1,024
Nov 2011	286	95.72	3.31	$947
Oct 2011	253	84.98	3.65	$923
Sep 2011	224	83.62	3.99	$893
Aug 2011	0	83.40	4.15	$0
Jul 2011	0	94.14	4.52	$0
Jun 2011	58	92.90	4.64	$269
May 2011	348	98.13	4.40	$1,533
Apr 2011	90	105.96	4.33	$390
Mar 2011	229	96.36	4.06	$929
Feb 2011	172	85.64	4.18	$719
Jan 2011	268	86.50	4.59	$1,230
Dec 2010	276	85.73	4.35	$1,200
Nov 2010	0	80.84	3.80	$0
Oct 2010	392	78.10	3.51	$1,375
Sep 2010	362	72.63	3.98	$1,441
Aug 2010	445	73.68	4.42	$1,967
Jul 2010	183	72.55	4.74	$867
Jun 2010	186	70.36	4.91	$913
May 2010	203	71.12	4.24	$860
Apr 2010	242	81.69	4.12	$998
Mar 2010	361	78.39	4.39	$1,584
Feb 2010	270	73.58	5.44	$1,469
Jan 2010	0	74.36	5.96	$0
Dec 2009	323	71.44	5.48	$1,771
Nov 2009	299	74.59	3.75	$1,122
Oct 2009	367	72.54	4.11	$1,508
Sep 2009	238	65.54	3.06	$729
Aug 2009	13	67.42	3.22	$42
Jul 2009	78	61.13	3.46	$270
Jun 2009	58	66.16	3.90	$226
May 2009	112	54.74	3.93	$440
Apr 2009	242	46.77	3.59	$868
Mar 2009	72	42.14	4.06	$292
Feb 2009	40	32.81	4.63	$185
Jan 2009	0	35.86	5.37	$0
Dec 2008	291	37.10	5.98	$1,739
Nov 2008	158	55.49	6.86	$1,084
Oct 2008	173	75.24	6.92	$1,198
Sep 2008	91	101.76	7.88	$717
Aug 2008	25	114.22	8.48	$212
Jul 2008	110	131.08	11.39	$1,253
Jun 2008	24	131.33	13.03	$313
May 2008	37	123.17	11.57	$428
Apr 2008	0	110.31	10.45	$0
Mar 2008	338	101.90	9.66	$3,266
Feb 2008	111	92.53	8.77	$974
Jan 2008	88	90.38	8.21	$722
Dec 2007	113	88.33	7.30	$825
Nov 2007	113	91.67	7.29	$824
Oct 2007	123	82.85	6.92	$851
Sep 2007	88	75.84	6.24	$549
Aug 2007	125	69.06	6.39	$798
Jul 2007	119	70.90	6.39	$760
Jun 2007	88	62.00	7.55	$664
May 2007	158	58.74	7.85	$1,240
Apr 2007	176	59.61	7.81	$1,374
Mar 2007	115	56.92	7.30	$840
Feb 2007	73	55.10	8.22	$600
Jan 2007	112	50.30	6.73	$753
Dec 2006	123	56.65	6.92	$851
Nov 2006	95	54.20	7.62	$724
Oct 2006	152	54.90	6.01	$914
Sep 2006	109	60.08	5.04	$549
Aug 2006	48	68.71	7.34	$352
Jul 2006	94	69.37	6.34	$596
Jun 2006	115	66.28	6.38	$734
May 2006	142	66.01	6.42	$912
Apr 2006	143	64.39	7.36	$1,053
Mar 2006	153	56.70	7.08	$1,084
Feb 2006	131	57.59	7.75	$1,015
Jan 2006	123	60.59	8.93	$1,099
Dec 2005	134	54.94	13.42	$1,798
Nov 2005	127	54.69	10.59	$1,345
Oct 2005	163	58.34	13.80	$2,249
Sep 2005	153	61.45	12.08	$1,848
Aug 2005	149	61.51	9.80	$1,460
Jul 2005	147	55.69	7.84	$1,153
Jun 2005	127	52.33	7.38	$937
May 2005	164	45.22	6.65	$1,091
Apr 2005	179	49.20	7.36	$1,318
Mar 2005	233	50.37	7.15	$1,667
Feb 2005	243	45.22	6.31	$1,534
Jan 2005	201	43.16	6.32	$1,271
Dec 2004	199	39.86	6.75	$1,343
Nov 2004	172	45.28	6.33	$1,089
Oct 2004	214	49.70	6.52	$1,394
Sep 2004	231	43.24	5.28	$1,221
Aug 2004	228	42.37	5.55	$1,266
Jul 2004	212	38.28	6.08	$1,290
Jun 2004	220	36.10	6.43	$1,415
May 2004	235	37.48	6.49	$1,526
Apr 2004	232	34.47	5.86	$1,359
Mar 2004	237	34.36	5.53	$1,311
Feb 2004	198	32.45	5.51	$1,091
Jan 2004	199	32.03	6.30	$1,254
Dec 2003	195	30.26	6.30	$1,229
Nov 2003	221	28.80	4.60	$1,016
Oct 2003	223	28.17	4.76	$1,061
Sep 2003	220	26.31	4.75	$1,045
Aug 2003	213	29.76	5.13	$1,093
Jul 2003	220	29.41	5.17	$1,138
Jun 2003	223	28.56	5.98	$1,334
May 2003	216	26.59	5.97	$1,290
Apr 2003	212	26.67	5.41	$1,146
Mar 2003	242	31.14	6.10	$1,475
Feb 2003	217	33.48	7.93	$1,720
Jan 2003	210	30.31	5.58	$1,172
Dec 2002	225	26.91	4.85	$1,092
Nov 2002	220	24.66	4.14	$910
Oct 2002	228	26.46	4.23	$964
Sep 2002	242	27.44	3.64	$880
Aug 2002	231	25.96	3.16	$731
Jul 2002	238	24.58	3.06	$729
Jun 2002	253	23.73	3.34	$845
May 2002	277	24.66	3.58	$993
Apr 2002	262	23.65	3.51	$920
Mar 2002	259	22.00	3.10	$804
Feb 2002	233	18.22	2.38	$554
Jan 2002	260	17.17	2.38	$618
Dec 2001	266	16.93	2.36	$629
Nov 2001	253	18.07	2.41	$609
Oct 2001	248	19.78	2.53	$627
Sep 2001	255	24.26	2.25	$574
Aug 2001	259	24.87	3.05	$791
Jul 2001	308	23.93	3.20	$985
Jun 2001	264	24.56	3.82	$1,010
May 2001	299	25.52	4.31	$1,288
Apr 2001	92	24.68	5.34	$491
Mar 2001	338	24.54	5.38	$1,817
Feb 2001	252	27.75	5.77	$1,453
Jan 2001	269	27.47	8.40	$2,259
Dec 2000	82	26.88	9.12	$748
Nov 2000	313	32.21	5.66	$1,771
Oct 2000	313	31.23	5.15	$1,611
Sep 2000	318	31.87	5.19	$1,649
Aug 2000	272	29.64	4.54	$1,235
Jul 2000	318	28.53	4.09	$1,301
Jun 2000	297	29.30	4.40	$1,306
May 2000	298	27.26	3.68	$1,097
Apr 2000	320	24.51	3.12	$997
Mar 2000	356	28.42	2.86	$1,018
Feb 2000	329	27.62	2.73	$897
Jan 2000	384	25.27	2.48	$953
Dec 1999	392	24.28	2.42	$950
Nov 1999	456	23.19	2.43	$1,110
Oct 1999	393	20.98	2.80	$1,102
Sep 1999	397	21.75	2.62	$1,040
Aug 1999	391	19.26	2.88	$1,124
Jul 1999	305	17.89	2.37	$724
Jun 1999	328	15.94	2.36	$775
May 1999	356	15.79	2.32	$826
Apr 1999	329	15.10	2.21	$726
Mar 1999	375	12.47	1.84	$689
Feb 1999	354	9.98	1.82	$644
Jan 1999	424	10.38	1.90	$806
Dec 1998	436	9.20	1.77	$773
Nov 1998	310	10.89	2.19	$678
Oct 1998	431	12.42	1.97	$849
Sep 1998	402	12.59	2.08	$837
Aug 1998	424	11.30	1.91	$809
Jul 1998	507	11.74	2.24	$1,134
Jun 1998	436	11.24	2.24	$975
May 1998	417	12.62	2.21	$920
Apr 1998	333	13.04	2.51	$834
Mar 1998	366	12.80	2.31	$845
Feb 1998	311	13.95	2.30	$715
Jan 1998	331	14.70	2.15	$713
Dec 1997	336	16.32	2.41	$810
Nov 1997	328	18.19	3.09	$1,013
Oct 1997	363	19.25	3.15	$1,143
Sep 1997	313	17.74	2.95	$925
Aug 1997	209	17.86	2.55	$534
Jul 1997	324	17.58	2.25	$728
Jun 1997	296	17.24	2.26	$668
May 1997	354	18.97	2.31	$817
Apr 1997	374	17.88	2.08	$779
Mar 1997	388	18.95	1.94	$752
Feb 1997	351	20.49	2.21	$774
Jan 1997	387	23.48	3.54	$1,370
Dec 1996	410	23.32	—	$0
Nov 1996	336	21.97	—	$0
Oct 1996	360	23.31	—	$0
Sep 1996	368	22.22	—	$0
Aug 1996	387	20.26	—	$0
Jul 1996	406	19.55	—	$0
Jun 1996	390	18.73	—	$0
May 1996	418	19.43	—	$0
Apr 1996	415	21.51	—	$0
Mar 1996	416	19.38	—	$0
Feb 1996	400	16.98	—	$0
Jan 1996	453	17.07	—	$0
Dec 1995	481	17.19	—	$0
Nov 1995	476	16.00	—	$0
Oct 1995	540	15.43	—	$0
Sep 1995	545	16.18	—	$0
Aug 1995	575	15.92	—	$0
Jul 1995	632	15.24	—	$0
Jun 1995	949	16.41	—	$0
May 1995	331	17.56	—	$0
Apr 1995	84	17.73	—	$0
Mar 1995	506	16.44	—	$0
Feb 1995	649	16.58	—	$0
Jan 1995	715	15.92	—	$0
Dec 1994	765	15.03	—	$0
Nov 1994	780	15.90	—	$0
Oct 1994	849	15.58	—	$0
Sep 1994	914	15.29	—	$0
Aug 1994	1,024	16.13	—	$0
Jul 1994	1,025	17.56	—	$0
Jun 1994	1,079	17.09	—	$0
May 1994	1,190	15.88	—	$0
Apr 1994	1,176	14.14	—	$0
Mar 1994	1,383	12.46	—	$0
Feb 1994	1,090	12.50	—	$0
Jan 1994	888	12.66	—	$0
Dec 1993	991	12.33	—	$0
Nov 1993	661	14.49	—	$0
Oct 1993	826	15.85	—	$0
Sep 1993	565	15.03	—	$0
Aug 1993	762	15.66	—	$0
Jul 1993	819	15.46	—	$0
Jun 1993	779	16.79	—	$0
May 1993	853	17.68	—	$0
Apr 1993	723	18.05	—	$0
Mar 1993	801	18.14	—	$0
Feb 1993	740	17.90	—	$0
Jan 1993	809	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

Gas                   75 Mcf  × $  3.93 =       $295

────────────────────────────────────────────────────
Month total                                     $295

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/123224 is the state's own key, not one this site invented.