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 123225District 7BField 19280700NGPA filingGasSaveExport
Value, all time
$101 k
Jan 1993 – Jul 2013
Value, last 12 filed months
$2 k
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
GasProduction37,305 Mcf$101,480
Total$101,480

15,302 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 32.5374, -97.9069. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.53737, -97.90685 · 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
3,069 ft
1 wells filed one
Completion to plug
26.5 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 3,069 ft.

Completions filed
Jan 1987
1 of 1 wells
Plug dates filed
Jul 2013
1 of 1 wells

Last completion to plug: a median of 26.5 years across the 1 well that filed both dates, with the middle half between 26.5 years and 26.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-22130783103,069 ftJan 1987Jul 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 20131294.403.93$47
May 20134894.834.15$199
Apr 20134493.964.28$188
Mar 20136293.623.91$243
Feb 20134591.233.42$154
Jan 20133091.603.42$103
Dec 20125686.773.42$192
Nov 20126586.953.62$236
Oct 20124089.383.40$136
Sep 20125194.672.92$149
Aug 20126292.662.91$180
Jul 20125485.133.02$163
Jun 20125679.822.52$141
May 20127191.612.49$177
Apr 201268101.652.00$136
Mar 201267105.052.22$149
Feb 201257101.102.57$147
Jan 20126898.092.73$186
Dec 20118196.873.24$262
Nov 20117695.723.31$252
Oct 20115684.983.65$204
Sep 2011083.623.99$0
Aug 20116383.404.15$261
Jul 20117394.144.52$330
Jun 20116492.904.64$297
May 20117998.134.40$348
Apr 201147105.964.33$204
Mar 20118096.364.06$325
Feb 20115485.644.18$226
Jan 20119186.504.59$418
Dec 20108085.734.35$348
Nov 2010080.843.80$0
Oct 20106578.103.51$228
Sep 20107972.633.98$314
Aug 201018373.684.42$809
Jul 20104872.554.74$227
Jun 20105870.364.91$285
May 2010071.124.24$0
Apr 20106281.694.12$256
Mar 20109278.394.39$404
Feb 20107873.585.44$425
Jan 2010074.365.96$0
Dec 20099071.445.48$494
Nov 20097374.593.75$274
Oct 20099072.544.11$370
Sep 20097165.543.06$218
Aug 20091767.423.22$55
Jul 20094761.133.46$163
Jun 20093066.163.90$117
May 20097154.743.93$279
Apr 2009046.773.59$0
Mar 20096842.144.06$276
Feb 200910232.814.63$473
Jan 2009035.865.37$0
Dec 200822537.105.98$1,345
Nov 20089055.496.86$617
Oct 200810375.246.92$713
Sep 200894101.767.88$740
Aug 2008135114.228.48$1,145
Jul 2008150131.0811.39$1,708
Jun 2008119131.3313.03$1,551
May 200892123.1711.57$1,065
Apr 20080110.3110.45$0
Mar 2008132101.909.66$1,276
Feb 200812492.538.77$1,088
Jan 2008090.388.21$0
Dec 200712988.337.30$942
Nov 200713091.677.29$948
Oct 200711982.856.92$824
Sep 200712775.846.24$793
Aug 200712569.066.39$798
Jul 200711770.906.39$747
Jun 200710162.007.55$762
May 200712858.747.85$1,004
Apr 200710059.617.81$781
Mar 200712456.927.30$905
Feb 200710855.108.22$887
Jan 200712750.306.73$854
Dec 200616256.656.92$1,121
Nov 200610954.207.62$830
Oct 200613354.906.01$800
Sep 200610960.085.04$549
Aug 20067068.717.34$514
Jul 200610469.376.34$660
Jun 200613766.286.38$875
May 200614866.016.42$951
Apr 200615064.397.36$1,104
Mar 200613756.707.08$970
Feb 200613057.597.75$1,008
Jan 200613160.598.93$1,170
Dec 200513454.9413.42$1,798
Nov 20058554.6910.59$900
Oct 20058358.3413.80$1,145
Sep 20059261.4512.08$1,111
Aug 20055161.519.80$500
Jul 20058355.697.84$651
Jun 20056952.337.38$509
May 20059545.226.65$632
Apr 200511249.207.36$824
Mar 200511250.377.15$801
Feb 200511145.226.31$701
Jan 200511143.166.32$702
Dec 20049339.866.75$628
Nov 20049745.286.33$614
Oct 200410649.706.52$691
Sep 200411043.245.28$581
Aug 20049742.375.55$538
Jul 200411538.286.08$700
Jun 200414536.106.43$933
May 200413337.486.49$864
Apr 200410734.475.86$627
Mar 200412634.365.53$697
Feb 200411132.455.51$612
Jan 20049932.036.30$624
Dec 20039830.266.30$618
Nov 20039728.804.60$446
Oct 200310828.174.76$514
Sep 200310226.314.75$484
Aug 200312029.765.13$616
Jul 200312729.415.17$657
Jun 200310628.565.98$634
May 20039126.595.97$544
Apr 200310926.675.41$589
Mar 200311731.146.10$713
Feb 200310333.487.93$816
Jan 200313130.315.58$731
Dec 200211426.914.85$553
Nov 20028424.664.14$348
Oct 200212326.464.23$520
Sep 200212227.443.64$443
Aug 200210825.963.16$342
Jul 200211524.583.06$352
Jun 200210423.733.34$347
May 200212024.663.58$430
Apr 200210423.653.51$365
Mar 200213022.003.10$403
Feb 20028918.222.38$211
Jan 200211817.172.38$280
Dec 20017216.932.36$170
Nov 200110318.072.41$248
Oct 200112119.782.53$306
Sep 20012024.262.25$45
Aug 20017324.873.05$223
Jul 200112923.933.20$412
Jun 200111224.563.82$428
May 200111625.524.31$500
Apr 200111324.685.34$603
Mar 200112224.545.38$656
Feb 200111827.755.77$681
Jan 200111727.478.40$983
Dec 20003426.889.12$310
Nov 20007532.215.66$424
Oct 200012231.235.15$628
Sep 20009631.875.19$498
Aug 200011929.644.54$540
Jul 200012328.534.09$503
Jun 200016029.304.40$704
May 200015627.263.68$574
Apr 200011724.513.12$365
Mar 200013228.422.86$377
Feb 200013327.622.73$363
Jan 200016825.272.48$417
Dec 199917824.282.42$431
Nov 199915423.192.43$375
Oct 199915420.982.80$432
Sep 199912121.752.62$317
Aug 199915419.262.88$443
Jul 199910517.892.37$249
Jun 199912315.942.36$291
May 199914915.792.32$346
Apr 199919715.102.21$435
Mar 199916012.471.84$294
Feb 19991699.981.82$307
Jan 199919010.381.90$361
Dec 19981939.201.77$342
Nov 199820510.892.19$448
Oct 199822012.421.97$433
Sep 199821312.592.08$444
Aug 199822511.301.91$429
Jul 199827111.742.24$606
Jun 199818311.242.24$409
May 199820812.622.21$459
Apr 199822813.042.51$571
Mar 199822212.802.31$513
Feb 199823013.952.30$529
Jan 199819014.702.15$409
Dec 199721516.322.41$518
Nov 199721718.193.09$670
Oct 199719219.253.15$605
Sep 199720817.742.95$615
Aug 199719417.862.55$496
Jul 199717417.582.25$391
Jun 199718517.242.26$418
May 199720618.972.31$476
Apr 199719917.882.08$414
Mar 199724318.951.94$471
Feb 199726020.492.21$574
Jan 199715723.483.54$556
Dec 199614423.32$0
Nov 199616321.97$0
Oct 199623123.31$0
Sep 199618022.22$0
Aug 199619920.26$0
Jul 199623119.55$0
Jun 199625518.73$0
May 199628619.43$0
Apr 199628921.51$0
Mar 199632219.38$0
Feb 199625916.98$0
Jan 199624417.07$0
Dec 199531417.19$0
Nov 199523516.00$0
Oct 199523515.43$0
Sep 199518816.18$0
Aug 199526115.92$0
Jul 199529215.24$0
Jun 199533216.41$0
May 199531917.56$0
Apr 199522917.73$0
Mar 199528816.44$0
Feb 199525716.58$0
Jan 199536415.92$0
Dec 199432615.03$0
Nov 199429315.90$0
Oct 199427815.58$0
Sep 199439015.29$0
Aug 199436716.13$0
Jul 199434717.56$0
Jun 199439717.09$0
May 199437015.88$0
Apr 199443314.14$0
Mar 199447912.46$0
Feb 199440912.50$0
Jan 199458312.66$0
Dec 199377912.33$0
Nov 199325114.49$0
Oct 199326715.85$0
Sep 199324515.03$0
Aug 199330315.66$0
Jul 199325115.46$0
Jun 199333416.79$0
May 199349117.68$0
Apr 199334118.05$0
Mar 199344918.14$0
Feb 199335617.90$0
Jan 199344616.93$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                   12 Mcf  × $  3.93 =        $47

────────────────────────────────────────────────────
Month total                                      $47

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/123225 is the state's own key, not one this site invented.