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 123546District 7BField 19280700NGPA filingGasSaveExport
Value, all time
$145 k
Jan 1993 – Aug 2013
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
248
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
GasProduction58,128 Mcf$144,789
Total$144,789

26,805 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 32.5456, -97.8966. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.54556, -97.89657 · 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
3,050 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 3,050 ft.

Completions filed
Feb 1987
1 of 1 wells
Plug dates filed
Aug 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

42-22130802143,050 ftFeb 1987Aug 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 (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 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013294.403.93$8
May 20134994.834.15$203
Apr 20135593.964.28$236
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013291.603.42$7
Dec 20124086.773.42$137
Nov 20127186.953.62$257
Oct 20128289.383.40$279
Sep 20124394.672.92$125
Aug 20126992.662.91$201
Jul 20125985.133.02$178
Jun 20126179.822.52$154
May 20124791.612.49$117
Apr 201213101.652.00$26
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 20118295.723.31$272
Oct 2011084.983.65$0
Sep 20111383.623.99$52
Aug 2011083.404.15$0
Jul 2011994.144.52$41
Jun 20114892.904.64$223
May 20112198.134.40$93
Apr 201126105.964.33$113
Mar 2011696.364.06$24
Feb 20112085.644.18$84
Jan 2011386.504.59$14
Dec 2010585.734.35$22
Nov 2010080.843.80$0
Oct 20103078.103.51$105
Sep 20106772.633.98$267
Aug 201040073.684.42$1,768
Jul 201016772.554.74$791
Jun 201014570.364.91$712
May 201012871.124.24$542
Apr 201013081.694.12$536
Mar 2010778.394.39$31
Feb 201021073.585.44$1,143
Jan 2010074.365.96$0
Dec 200921671.445.48$1,184
Nov 200917974.593.75$672
Oct 200916472.544.11$674
Sep 200917865.543.06$546
Aug 20095467.423.22$174
Jul 20096361.133.46$218
Jun 20093466.163.90$132
May 20098554.743.93$334
Apr 200915846.773.59$567
Mar 20098242.144.06$333
Feb 20097832.814.63$361
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 200833375.246.92$2,305
Sep 20080101.767.88$0
Aug 2008235114.228.48$1,994
Jul 2008164131.0811.39$1,868
Jun 20080131.3313.03$0
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 2008111101.909.66$1,073
Feb 2008092.538.77$0
Jan 200811690.388.21$952
Dec 200711588.337.30$840
Nov 200715791.677.29$1,145
Oct 200712882.856.92$886
Sep 200712775.846.24$793
Aug 200712469.066.39$792
Jul 200712370.906.39$786
Jun 200710462.007.55$785
May 200715158.747.85$1,185
Apr 200714659.617.81$1,140
Mar 200716256.927.30$1,183
Feb 200712555.108.22$1,027
Jan 200715350.306.73$1,029
Dec 200616156.656.92$1,114
Nov 200613554.207.62$1,028
Oct 200614654.906.01$878
Sep 200615560.085.04$781
Aug 200612268.717.34$895
Jul 200612869.376.34$812
Jun 200617166.286.38$1,092
May 200618766.016.42$1,201
Apr 2006364.397.36$22
Mar 200615156.707.08$1,070
Feb 200617457.597.75$1,349
Jan 200615960.598.93$1,420
Dec 200516354.9413.42$2,187
Nov 200517954.6910.59$1,895
Oct 200515358.3413.80$2,111
Sep 200519361.4512.08$2,331
Aug 200515161.519.80$1,479
Jul 200516655.697.84$1,302
Jun 200514852.337.38$1,092
May 200522345.226.65$1,483
Apr 200515049.207.36$1,104
Mar 200521050.377.15$1,503
Feb 200516745.226.31$1,054
Jan 200522343.166.32$1,410
Dec 200418839.866.75$1,269
Nov 200415445.286.33$975
Oct 200416449.706.52$1,068
Sep 200417143.245.28$904
Aug 200418642.375.55$1,032
Jul 200419438.286.08$1,180
Jun 200419836.106.43$1,274
May 200419537.486.49$1,266
Apr 200419634.475.86$1,148
Mar 200422534.365.53$1,244
Feb 200420632.455.51$1,135
Jan 200420232.036.30$1,273
Dec 200322530.266.30$1,418
Nov 200322728.804.60$1,043
Oct 200322028.174.76$1,047
Sep 200323026.314.75$1,092
Aug 200322729.765.13$1,164
Jul 200322529.415.17$1,163
Jun 200322128.565.98$1,322
May 200321226.595.97$1,266
Apr 200321826.675.41$1,179
Mar 200324431.146.10$1,487
Feb 200320933.487.93$1,657
Jan 200320630.315.58$1,150
Dec 200221226.914.85$1,029
Nov 200225024.664.14$1,034
Oct 200225626.464.23$1,083
Sep 200227427.443.64$996
Aug 200222925.963.16$725
Jul 200216924.583.06$517
Jun 200219523.733.34$651
May 200218824.663.58$674
Apr 200210123.653.51$355
Mar 200212522.003.10$388
Feb 200214418.222.38$342
Jan 200216017.172.38$380
Dec 200118416.932.36$435
Nov 200118418.072.41$443
Oct 200119519.782.53$493
Sep 200114224.262.25$320
Aug 200115524.873.05$473
Jul 200116923.933.20$540
Jun 200118224.563.82$696
May 200122725.524.31$978
Apr 200119324.685.34$1,030
Mar 200119124.545.38$1,027
Feb 200120027.755.77$1,153
Jan 200119027.478.40$1,596
Dec 200023226.889.12$2,116
Nov 200024532.215.66$1,386
Oct 200022831.235.15$1,173
Sep 200026031.875.19$1,348
Aug 200024329.644.54$1,103
Jul 200021828.534.09$892
Jun 200025029.304.40$1,099
May 200024527.263.68$902
Apr 200018624.513.12$580
Mar 200029328.422.86$838
Feb 200028127.622.73$766
Jan 200030025.272.48$744
Dec 199924324.282.42$589
Nov 199935223.192.43$857
Oct 199932720.982.80$917
Sep 199935021.752.62$917
Aug 199923419.262.88$673
Jul 199924117.892.37$572
Jun 199917615.942.36$416
May 199916315.792.32$378
Apr 199923915.102.21$528
Mar 199925012.471.84$460
Feb 19991799.981.82$325
Jan 199921510.381.90$408
Dec 19983099.201.77$548
Nov 199834710.892.19$758
Oct 199835612.421.97$701
Sep 199834112.592.08$710
Aug 199831811.301.91$607
Jul 199829111.742.24$651
Jun 199824111.242.24$539
May 199825512.622.21$563
Apr 199825813.042.51$646
Mar 199822812.802.31$527
Feb 199824913.952.30$572
Jan 199819914.702.15$429
Dec 199718916.322.41$456
Nov 199719818.193.09$611
Oct 199720019.253.15$630
Sep 199726617.742.95$786
Aug 199728617.862.55$731
Jul 199721117.582.25$474
Jun 199720617.242.26$465
May 199721618.972.31$499
Apr 199720917.882.08$435
Mar 199728418.951.94$551
Feb 199714620.492.21$322
Jan 199731923.483.54$1,129
Dec 199625023.32$0
Nov 199643221.97$0
Oct 199630023.31$0
Sep 199617022.22$0
Aug 199617320.26$0
Jul 199615919.55$0
Jun 199616218.73$0
May 199624619.43$0
Apr 199630721.51$0
Mar 199627719.38$0
Feb 199618816.98$0
Jan 199618717.07$0
Dec 199549517.19$0
Nov 199536816.00$0
Oct 199532515.43$0
Sep 199524216.18$0
Aug 199527915.92$0
Jul 199548215.24$0
Jun 199541316.41$0
May 199539117.56$0
Apr 199531817.73$0
Mar 199538616.44$0
Feb 199544116.58$0
Jan 199550615.92$0
Dec 199458915.03$0
Nov 199464415.90$0
Oct 199455215.58$0
Sep 199470115.29$0
Aug 199483416.13$0
Jul 199485417.56$0
Jun 199474417.09$0
May 199483115.88$0
Apr 199484514.14$0
Mar 19941,09012.46$0
Feb 19941,04512.50$0
Jan 199474412.66$0
Dec 19931,00512.33$0
Nov 199351114.49$0
Oct 199373915.85$0
Sep 199368415.03$0
Aug 199395815.66$0
Jul 19931,04315.46$0
Jun 199397316.79$0
May 199393817.68$0
Apr 199380418.05$0
Mar 199391018.14$0
Feb 199379517.90$0
Jan 199347516.93$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                    2 Mcf  × $  3.93 =         $8

────────────────────────────────────────────────────
Month total                                       $8

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/123546 is the state's own key, not one this site invented.