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 123547District 7BField 19280700NGPA filingGasSaveExport
Value, all time
$284 k
Jan 1993 – Aug 2013
Value, last 12 filed months
$3 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
GasProduction121,743 Mcf$284,491
Total$284,491

57,112 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 32.5496, -97.8967. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.54960, -97.89672 · 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
3,060 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 3,060 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

42-22130801153,060 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 20132194.403.93$83
May 20139294.834.15$382
Apr 20138093.964.28$343
Mar 201311293.623.91$438
Feb 20139591.233.42$325
Jan 201310891.603.42$369
Dec 20126286.773.42$212
Nov 20129386.953.62$337
Oct 20126589.383.40$221
Sep 201214094.672.92$409
Aug 20127892.662.91$227
Jul 20126485.133.02$193
Jun 20126679.822.52$166
May 201210691.612.49$264
Apr 2012110101.652.00$220
Mar 2012116105.052.22$258
Feb 201299101.102.57$254
Jan 20129198.092.73$249
Dec 201113896.873.24$447
Nov 201112295.723.31$404
Oct 20113084.983.65$109
Sep 201110883.623.99$430
Aug 201112983.404.15$535
Jul 201113494.144.52$605
Jun 201112092.904.64$557
May 201115398.134.40$674
Apr 201173105.964.33$316
Mar 201112796.364.06$515
Feb 20119685.644.18$401
Jan 201113986.504.59$638
Dec 201012385.734.35$535
Nov 2010080.843.80$0
Oct 20101178.103.51$39
Sep 201027972.633.98$1,110
Aug 201045273.684.42$1,998
Jul 20103872.554.74$180
Jun 20106070.364.91$295
May 201012071.124.24$508
Apr 201011781.694.12$482
Mar 201016978.394.39$742
Feb 201013273.585.44$718
Jan 2010074.365.96$0
Dec 200916271.445.48$888
Nov 200930474.593.75$1,140
Oct 200935972.544.11$1,476
Sep 200933165.543.06$1,014
Aug 20093967.423.22$126
Jul 200914561.133.46$502
Jun 200912766.163.90$495
May 200921854.743.93$856
Apr 200938346.773.59$1,374
Mar 200912842.144.06$520
Feb 20099632.814.63$445
Jan 2009035.865.37$0
Dec 200864637.105.98$3,861
Nov 200831755.496.86$2,175
Oct 200837075.246.92$2,561
Sep 2008248101.767.88$1,954
Aug 200874114.228.48$628
Jul 2008237131.0811.39$2,699
Jun 2008159131.3313.03$2,072
May 2008102123.1711.57$1,181
Apr 20080110.3110.45$0
Mar 2008342101.909.66$3,305
Feb 200829892.538.77$2,614
Jan 200826790.388.21$2,191
Dec 200732688.337.30$2,380
Nov 200722691.677.29$1,648
Oct 200730182.856.92$2,084
Sep 200717975.846.24$1,118
Aug 200730069.066.39$1,916
Jul 200724070.906.39$1,533
Jun 200713562.007.55$1,019
May 200727758.747.85$2,173
Apr 200725559.617.81$1,990
Mar 200722756.927.30$1,658
Feb 200720455.108.22$1,676
Jan 200717850.306.73$1,197
Dec 200626856.656.92$1,854
Nov 200622454.207.62$1,706
Oct 200633854.906.01$2,033
Sep 200626160.085.04$1,315
Aug 200613368.717.34$976
Jul 200621869.376.34$1,383
Jun 200627366.286.38$1,743
May 200630866.016.42$1,979
Apr 200630664.397.36$2,252
Mar 200627556.707.08$1,948
Feb 200624957.597.75$1,930
Jan 200625460.598.93$2,269
Dec 200527254.9413.42$3,649
Nov 200526354.6910.59$2,785
Oct 200534858.3413.80$4,801
Sep 200530761.4512.08$3,708
Aug 200531161.519.80$3,047
Jul 200529855.697.84$2,337
Jun 200530752.337.38$2,266
May 200529045.226.65$1,929
Apr 200534249.207.36$2,517
Mar 200544450.377.15$3,177
Feb 200548845.226.31$3,080
Jan 200543443.166.32$2,744
Dec 200436539.866.75$2,464
Nov 200433845.286.33$2,140
Oct 200441249.706.52$2,684
Sep 200431243.245.28$1,649
Aug 200428842.375.55$1,599
Jul 200430438.286.08$1,850
Jun 200433636.106.43$2,161
May 200423537.486.49$1,526
Apr 200430934.475.86$1,810
Mar 200434834.365.53$1,924
Feb 200429132.455.51$1,603
Jan 200430432.036.30$1,915
Dec 200331830.266.30$2,004
Nov 200326928.804.60$1,236
Oct 200331828.174.76$1,514
Sep 200331326.314.75$1,487
Aug 200333129.765.13$1,698
Jul 200331329.415.17$1,618
Jun 200329428.565.98$1,759
May 200329026.595.97$1,732
Apr 200331726.675.41$1,714
Mar 200334331.146.10$2,091
Feb 200329633.487.93$2,346
Jan 200332530.315.58$1,814
Dec 200233226.914.85$1,611
Nov 200235824.664.14$1,481
Oct 200236126.464.23$1,527
Sep 200234627.443.64$1,258
Aug 200233825.963.16$1,069
Jul 200233824.583.06$1,035
Jun 200235023.733.34$1,168
May 200236124.663.58$1,294
Apr 200234723.653.51$1,219
Mar 200236822.003.10$1,142
Feb 200232818.222.38$779
Jan 200236117.172.38$858
Dec 200138316.932.36$906
Nov 200134018.072.41$818
Oct 200132619.782.53$824
Sep 200137224.262.25$837
Aug 200137524.873.05$1,145
Jul 200138123.933.20$1,218
Jun 200137724.563.82$1,442
May 200142325.524.31$1,822
Apr 200137824.685.34$2,017
Mar 200139724.545.38$2,134
Feb 200137027.755.77$2,134
Jan 200142227.478.40$3,544
Dec 200048926.889.12$4,461
Nov 200038332.215.66$2,167
Oct 200039531.235.15$2,032
Sep 200044531.875.19$2,308
Aug 200038329.644.54$1,739
Jul 200036328.534.09$1,485
Jun 200039929.304.40$1,755
May 200041327.263.68$1,520
Apr 200040124.513.12$1,250
Mar 200043728.422.86$1,250
Feb 200044527.622.73$1,213
Jan 200052825.272.48$1,310
Dec 199951624.282.42$1,251
Nov 199949423.192.43$1,202
Oct 199958320.982.80$1,635
Sep 199957821.752.62$1,514
Aug 199955719.262.88$1,602
Jul 199964517.892.37$1,530
Jun 199955715.942.36$1,316
May 199958115.792.32$1,349
Apr 199962115.102.21$1,371
Mar 199965012.471.84$1,195
Feb 19995629.981.82$1,022
Jan 199960910.381.90$1,157
Dec 19986129.201.77$1,085
Nov 199857510.892.19$1,257
Oct 199865812.421.97$1,296
Sep 199858512.592.08$1,218
Aug 199856611.301.91$1,080
Jul 199859311.742.24$1,327
Jun 199859611.242.24$1,333
May 199859412.622.21$1,311
Apr 199860913.042.51$1,526
Mar 199863812.802.31$1,473
Feb 199858813.952.30$1,352
Jan 199871314.702.15$1,536
Dec 199778616.322.41$1,895
Nov 199775218.193.09$2,322
Oct 199773419.253.15$2,312
Sep 199770217.742.95$2,074
Aug 199778217.862.55$1,998
Jul 199774417.582.25$1,672
Jun 199776317.242.26$1,722
May 199777118.972.31$1,780
Apr 199773417.882.08$1,529
Mar 199774718.951.94$1,449
Feb 199772520.492.21$1,599
Jan 199785023.483.54$3,009
Dec 199690323.32$0
Nov 199698721.97$0
Oct 19961,05523.31$0
Sep 199684822.22$0
Aug 199694720.26$0
Jul 199688719.55$0
Jun 199691918.73$0
May 199699019.43$0
Apr 199690621.51$0
Mar 199693819.38$0
Feb 199694416.98$0
Jan 199689917.07$0
Dec 199596917.19$0
Nov 19951,01916.00$0
Oct 19951,17615.43$0
Sep 19951,07216.18$0
Aug 19951,12615.92$0
Jul 19951,22115.24$0
Jun 19951,49316.41$0
May 199526617.56$0
Apr 19956417.73$0
Mar 19951,35716.44$0
Feb 19951,40616.58$0
Jan 19951,31115.92$0
Dec 19941,53315.03$0
Nov 19941,65515.90$0
Oct 19941,69415.58$0
Sep 19941,84715.29$0
Aug 19941,95116.13$0
Jul 19941,84117.56$0
Jun 19941,61917.09$0
May 19942,03815.88$0
Apr 19941,63414.14$0
Mar 19941,58912.46$0
Feb 19941,72012.50$0
Jan 19942,49212.66$0
Dec 199388612.33$0
Nov 199382914.49$0
Oct 199397115.85$0
Sep 199390115.03$0
Aug 199390715.66$0
Jul 199399715.46$0
Jun 199388716.79$0
May 19931,04717.68$0
Apr 199397418.05$0
Mar 19931,05218.14$0
Feb 19931,14517.90$0
Jan 19931,20016.93$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                   21 Mcf  × $  3.93 =        $83

────────────────────────────────────────────────────
Month total                                      $83

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/123547 is the state's own key, not one this site invented.