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 125291District 7BField 19280700NGPA filingGasSaveExport
Value, all time
$174 k
Jan 1993 – Jul 2013
Value, last 12 filed months
$3 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
GasProduction71,385 Mcf$174,166
Total$174,166

30,022 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 32.5492, -97.9091. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.54917, -97.90915 · 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
2,750 ft
1 wells filed one
Completion to plug
25.8 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 2,750 ft.

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

Last completion to plug: a median of 25.8 years across the 1 well that filed both dates, with the middle half between 25.8 years and 25.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-22130796132,750 ftSep 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 20131894.403.93$71
May 20137194.834.15$295
Apr 20136893.964.28$291
Mar 201317493.623.91$681
Feb 20136791.233.42$229
Jan 20132691.603.42$89
Dec 20127986.773.42$270
Nov 20128386.953.62$301
Oct 20128089.383.40$272
Sep 20126794.672.92$196
Aug 20126692.662.91$192
Jul 20125085.133.02$151
Jun 20125279.822.52$131
May 20128591.612.49$212
Apr 2012108101.652.00$216
Mar 2012116105.052.22$258
Feb 2012111101.102.57$285
Jan 201210298.092.73$279
Dec 201116196.873.24$522
Nov 201113695.723.31$450
Oct 201111684.983.65$423
Sep 20117883.623.99$311
Aug 20118783.404.15$361
Jul 201110694.144.52$479
Jun 20117292.904.64$334
May 201113998.134.40$612
Apr 201181105.964.33$351
Mar 201113796.364.06$556
Feb 20118585.644.18$355
Jan 201112286.504.59$560
Dec 20109985.734.35$430
Nov 2010080.843.80$0
Oct 20109078.103.51$316
Sep 201013672.633.98$541
Aug 201027673.684.42$1,220
Jul 20104672.554.74$218
Jun 20105470.364.91$265
May 20107571.124.24$318
Apr 201015181.694.12$623
Mar 201014878.394.39$650
Feb 20106973.585.44$376
Jan 2010074.365.96$0
Dec 20099771.445.48$532
Nov 200918774.593.75$702
Oct 200916572.544.11$678
Sep 200914365.543.06$438
Aug 20092867.423.22$90
Jul 20098561.133.46$294
Jun 20093266.163.90$125
May 20097854.743.93$306
Apr 200916346.773.59$585
Mar 20097142.144.06$288
Feb 20092632.814.63$120
Jan 2009035.865.37$0
Dec 200840537.105.98$2,421
Nov 200813355.496.86$912
Oct 200826575.246.92$1,834
Sep 2008173101.767.88$1,363
Aug 20080114.228.48$0
Jul 200821131.0811.39$239
Jun 2008181131.3313.03$2,359
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 200873101.909.66$705
Feb 200815892.538.77$1,386
Jan 200816490.388.21$1,346
Dec 2007088.337.30$0
Nov 2007091.677.29$0
Oct 200713782.856.92$948
Sep 200715975.846.24$993
Aug 200714069.066.39$894
Jul 200718370.906.39$1,169
Jun 200713762.007.55$1,034
May 200721058.747.85$1,648
Apr 20079759.617.81$757
Mar 200710756.927.30$781
Feb 20079955.108.22$813
Jan 20078850.306.73$592
Dec 200612456.656.92$858
Nov 200610954.207.62$830
Oct 200613854.906.01$830
Sep 20069060.085.04$453
Aug 20066068.717.34$440
Jul 20069669.376.34$609
Jun 200610966.286.38$696
May 200613366.016.42$855
Apr 200612264.397.36$898
Mar 200613556.707.08$956
Feb 200610157.597.75$783
Jan 20069360.598.93$831
Dec 200510554.9413.42$1,409
Nov 20059354.6910.59$985
Oct 20058958.3413.80$1,228
Sep 200511561.4512.08$1,389
Aug 20058961.519.80$872
Jul 200513455.697.84$1,051
Jun 200511952.337.38$878
May 200513145.226.65$871
Apr 200512949.207.36$950
Mar 200511250.377.15$801
Feb 200517545.226.31$1,105
Jan 200518743.166.32$1,182
Dec 200431439.866.75$2,120
Nov 200427345.286.33$1,728
Oct 200430449.706.52$1,981
Sep 200415243.245.28$803
Aug 200421942.375.55$1,216
Jul 200417238.286.08$1,046
Jun 200423836.106.43$1,531
May 200417537.486.49$1,137
Apr 200418634.475.86$1,090
Mar 200419534.365.53$1,078
Feb 200416932.455.51$931
Jan 200429132.036.30$1,833
Dec 200328330.266.30$1,783
Nov 200326128.804.60$1,199
Oct 200328528.174.76$1,357
Sep 200326926.314.75$1,278
Aug 200321629.765.13$1,108
Jul 200315129.415.17$781
Jun 200336828.565.98$2,202
May 200333026.595.97$1,971
Apr 200334226.675.41$1,849
Mar 200331231.146.10$1,902
Feb 200336733.487.93$2,909
Jan 200335830.315.58$1,998
Dec 200232126.914.85$1,558
Nov 200225624.664.14$1,059
Oct 200230726.464.23$1,298
Sep 200230427.443.64$1,105
Aug 200228825.963.16$911
Jul 200222024.583.06$674
Jun 200215323.733.34$511
May 200235724.663.58$1,279
Apr 200233623.653.51$1,180
Mar 200227122.003.10$841
Feb 200223018.222.38$546
Jan 200222417.172.38$532
Dec 200126916.932.36$636
Nov 200124818.072.41$597
Oct 200128219.782.53$713
Sep 200127224.262.25$612
Aug 200127024.873.05$824
Jul 200127623.933.20$882
Jun 200126224.563.82$1,002
May 200133225.524.31$1,430
Apr 200124524.685.34$1,307
Mar 200128324.545.38$1,522
Feb 200127727.755.77$1,597
Jan 200130227.478.40$2,536
Dec 200030426.889.12$2,773
Nov 200032132.215.66$1,816
Oct 200031431.235.15$1,616
Sep 200032431.875.19$1,680
Aug 200032729.644.54$1,485
Jul 200028528.534.09$1,166
Jun 200032229.304.40$1,416
May 200033827.263.68$1,244
Apr 200029624.513.12$922
Mar 200032828.422.86$938
Feb 200030727.622.73$837
Jan 200036025.272.48$893
Dec 199945124.282.42$1,093
Nov 199945423.192.43$1,105
Oct 199939420.982.80$1,105
Sep 199948821.752.62$1,278
Aug 199943719.262.88$1,257
Jul 199945617.892.37$1,082
Jun 199943515.942.36$1,028
May 199945215.792.32$1,049
Apr 199942315.102.21$934
Mar 199945012.471.84$827
Feb 19993949.981.82$716
Jan 199943410.381.90$825
Dec 19984679.201.77$828
Nov 199847210.892.19$1,032
Oct 199852712.421.97$1,038
Sep 199845712.592.08$952
Aug 199845311.301.91$864
Jul 199839511.742.24$884
Jun 199840011.242.24$895
May 199841212.622.21$909
Apr 199832213.042.51$807
Mar 199832412.802.31$748
Feb 199827613.952.30$635
Jan 199826814.702.15$577
Dec 199732216.322.41$776
Nov 199726318.193.09$812
Oct 199723419.253.15$737
Sep 199725917.742.95$765
Aug 199731217.862.55$797
Jul 199728217.582.25$634
Jun 199729917.242.26$675
May 199738418.972.31$886
Apr 199742117.882.08$877
Mar 199738818.951.94$752
Feb 199741020.492.21$904
Jan 199742723.483.54$1,511
Dec 199646723.32$0
Nov 199635321.97$0
Oct 199643023.31$0
Sep 199635822.22$0
Aug 199641320.26$0
Jul 199640219.55$0
Jun 199643918.73$0
May 199649919.43$0
Apr 199645721.51$0
Mar 199651619.38$0
Feb 199648616.98$0
Jan 199660217.07$0
Dec 199542617.19$0
Nov 199544516.00$0
Oct 199545515.43$0
Sep 199549216.18$0
Aug 199562015.92$0
Jul 199553515.24$0
Jun 199551116.41$0
May 199554517.56$0
Apr 199551617.73$0
Mar 199562116.44$0
Feb 199569916.58$0
Jan 199568915.92$0
Dec 199475015.03$0
Nov 199475215.90$0
Oct 199492215.58$0
Sep 199493415.29$0
Aug 19941,04716.13$0
Jul 19941,17417.56$0
Jun 19941,10917.09$0
May 19941,15515.88$0
Apr 19941,32314.14$0
Mar 19941,13612.46$0
Feb 199458412.50$0
Jan 199456112.66$0
Dec 199345412.33$0
Nov 199399314.49$0
Oct 19931,09515.85$0
Sep 199343315.03$0
Aug 199331515.66$0
Jul 199335815.46$0
Jun 199345716.79$0
May 199358117.68$0
Apr 199344718.05$0
Mar 199345718.14$0
Feb 199350717.90$0
Jan 199350216.93$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                   18 Mcf  × $  3.93 =        $71

────────────────────────────────────────────────────
Month total                                      $71

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/125291 is the state's own key, not one this site invented.