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 123621District 7BField 19280700NGPA filingGasSaveExport
Value, all time
$155 k
Jan 1993 – Aug 2013
Value, last 12 filed months
$2 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
GasProduction51,263 Mcf$155,004
Total$155,004

18,758 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 32.5532, -97.9017. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.55324, -97.90165 · 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
2,950 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 2,950 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

42-22130803162,950 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 20131094.403.93$39
May 20134394.834.15$178
Apr 20135293.964.28$223
Mar 20132293.623.91$86
Feb 20139891.233.42$335
Jan 20132491.603.42$82
Dec 20124386.773.42$147
Nov 2012086.953.62$0
Oct 201216289.383.40$551
Sep 20128594.672.92$248
Aug 2012092.662.91$0
Jul 20129585.133.02$287
Jun 20129879.822.52$247
May 20126691.612.49$164
Apr 201266101.652.00$132
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 20121698.092.73$44
Dec 201118196.873.24$586
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 20115783.623.99$227
Aug 2011083.404.15$0
Jul 201126894.144.52$1,211
Jun 201117692.904.64$817
May 201134698.134.40$1,524
Apr 2011316105.964.33$1,369
Mar 2011096.364.06$0
Feb 201112385.644.18$514
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 20101773.684.42$75
Jul 20102172.554.74$99
Jun 20101270.364.91$59
May 2010071.124.24$0
Apr 2010281.694.12$8
Mar 2010778.394.39$31
Feb 20108473.585.44$457
Jan 2010074.365.96$0
Dec 200912771.445.48$696
Nov 200911774.593.75$439
Oct 20099572.544.11$390
Sep 20097565.543.06$230
Aug 20093667.423.22$116
Jul 20095861.133.46$201
Jun 20094466.163.90$171
May 20097354.743.93$287
Apr 200912846.773.59$459
Mar 20093242.144.06$130
Feb 2009532.814.63$23
Jan 2009035.865.37$0
Dec 20084837.105.98$287
Nov 200814455.496.86$988
Oct 200822575.246.92$1,557
Sep 2008219101.767.88$1,725
Aug 2008156114.228.48$1,323
Jul 2008273131.0811.39$3,109
Jun 2008113131.3313.03$1,473
May 200872123.1711.57$833
Apr 20080110.3110.45$0
Mar 2008102101.909.66$986
Feb 200814292.538.77$1,245
Jan 200812490.388.21$1,018
Dec 200724388.337.30$1,774
Nov 200718091.677.29$1,313
Oct 200721082.856.92$1,454
Sep 200710275.846.24$637
Aug 200717069.066.39$1,086
Jul 200718070.906.39$1,150
Jun 200712262.007.55$921
May 200715558.747.85$1,216
Apr 200718359.617.81$1,428
Mar 200717456.927.30$1,271
Feb 200714855.108.22$1,216
Jan 200715950.306.73$1,070
Dec 200619156.656.92$1,321
Nov 200618354.207.62$1,394
Oct 200620754.906.01$1,245
Sep 200619960.085.04$1,002
Aug 20069868.717.34$719
Jul 200615369.376.34$970
Jun 200617766.286.38$1,130
May 200619866.016.42$1,272
Apr 200619364.397.36$1,421
Mar 200618056.707.08$1,275
Feb 200615257.597.75$1,178
Jan 200615960.598.93$1,420
Dec 200516654.9413.42$2,227
Nov 200514854.6910.59$1,567
Oct 200515858.3413.80$2,180
Sep 200517261.4512.08$2,078
Aug 200517961.519.80$1,754
Jul 200518355.697.84$1,435
Jun 200514652.337.38$1,078
May 200520345.226.65$1,350
Apr 200517349.207.36$1,273
Mar 200519750.377.15$1,410
Feb 200522245.226.31$1,401
Jan 200523443.166.32$1,479
Dec 200418839.866.75$1,269
Nov 200415845.286.33$1,000
Oct 200418549.706.52$1,205
Sep 200418143.245.28$956
Aug 200418442.375.55$1,021
Jul 200416038.286.08$973
Jun 200420636.106.43$1,325
May 200419937.486.49$1,292
Apr 200420634.475.86$1,207
Mar 200425434.365.53$1,405
Feb 200419032.455.51$1,047
Jan 200420632.036.30$1,298
Dec 200320430.266.30$1,286
Nov 200322228.804.60$1,020
Oct 200322728.174.76$1,080
Sep 200322126.314.75$1,050
Aug 200321929.765.13$1,123
Jul 200321729.415.17$1,122
Jun 200319328.565.98$1,155
May 200320126.595.97$1,201
Apr 200318126.675.41$979
Mar 200319731.146.10$1,201
Feb 200320933.487.93$1,657
Jan 200321330.315.58$1,189
Dec 200221826.914.85$1,058
Nov 200223624.664.14$976
Oct 200223826.464.23$1,007
Sep 200224327.443.64$883
Aug 200222525.963.16$712
Jul 200222024.583.06$674
Jun 200219923.733.34$664
May 200223524.663.58$842
Apr 200223723.653.51$832
Mar 200211522.003.10$357
Feb 200220118.222.38$478
Jan 200221717.172.38$516
Dec 200124916.932.36$589
Nov 200125518.072.41$613
Oct 200125819.782.53$652
Sep 200126824.262.25$603
Aug 200120424.873.05$623
Jul 200118623.933.20$595
Jun 200122924.563.82$876
May 200125025.524.31$1,077
Apr 200115224.685.34$811
Mar 200120124.545.38$1,081
Feb 200122627.755.77$1,303
Jan 200122127.478.40$1,856
Dec 200024226.889.12$2,208
Nov 200023232.215.66$1,313
Oct 200017431.235.15$895
Sep 200019531.875.19$1,011
Aug 200013929.644.54$631
Jul 200016528.534.09$675
Jun 200019729.304.40$866
May 200022527.263.68$828
Apr 200018424.513.12$573
Mar 200021328.422.86$609
Feb 200019127.622.73$521
Jan 200027225.272.48$675
Dec 199922224.282.42$538
Nov 199923523.192.43$572
Oct 199926720.982.80$749
Sep 199928321.752.62$741
Aug 199937119.262.88$1,067
Jul 199913417.892.37$318
Jun 19997615.942.36$180
May 199911515.792.32$267
Apr 199911915.102.21$263
Mar 199912712.471.84$233
Feb 19991799.981.82$325
Jan 199928710.381.90$545
Dec 19982149.201.77$379
Nov 199817010.892.19$372
Oct 199820412.421.97$402
Sep 199824412.592.08$508
Aug 199827011.301.91$515
Jul 199829311.742.24$656
Jun 199825311.242.24$566
May 199822912.622.21$505
Apr 199826513.042.51$664
Mar 199824712.802.31$570
Feb 199824513.952.30$563
Jan 199826114.702.15$562
Dec 199726816.322.41$646
Nov 199728218.193.09$871
Oct 199727519.253.15$866
Sep 199726117.742.95$771
Aug 199725917.862.55$662
Jul 199729017.582.25$652
Jun 199736417.242.26$822
May 199729718.972.31$686
Apr 199728617.882.08$596
Mar 199731118.951.94$603
Feb 199726220.492.21$578
Jan 199731223.483.54$1,104
Dec 199629523.32$0
Nov 199625121.97$0
Oct 199629723.31$0
Sep 199630522.22$0
Aug 199631920.26$0
Jul 199632219.55$0
Jun 199631618.73$0
May 199632619.43$0
Apr 199632521.51$0
Mar 199633019.38$0
Feb 199631016.98$0
Jan 199632117.07$0
Dec 199531717.19$0
Nov 199532316.00$0
Oct 199532315.43$0
Sep 199532216.18$0
Aug 199536015.92$0
Jul 199535715.24$0
Jun 199531816.41$0
May 199538417.56$0
Apr 199536617.73$0
Mar 199536616.44$0
Feb 199524116.58$0
Jan 199530915.92$0
Dec 199434515.03$0
Nov 199431815.90$0
Oct 199431315.58$0
Sep 199431215.29$0
Aug 199437116.13$0
Jul 199441917.56$0
Jun 199444317.09$0
May 199442815.88$0
Apr 199440714.14$0
Mar 199447112.46$0
Feb 199447712.50$0
Jan 199446712.66$0
Dec 199351512.33$0
Nov 199354314.49$0
Oct 199353715.85$0
Sep 199345615.03$0
Aug 199352415.66$0
Jul 199348515.46$0
Jun 199348216.79$0
May 199358517.68$0
Apr 199352218.05$0
Mar 199354118.14$0
Feb 199353517.90$0
Jan 199355916.93$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                   10 Mcf  × $  3.93 =        $39

────────────────────────────────────────────────────
Month total                                      $39

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/123621 is the state's own key, not one this site invented.