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 125301District 7BField 19280700NGPA filingGasSaveExport
Value, all time
$93 k
Jan 1993 – Aug 2013
Value, last 12 filed months
$671
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
GasProduction36,094 Mcf$92,578
Total$92,578

14,556 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 32.5556, -97.9060. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.55558, -97.90596 · 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
2,775 ft
1 wells filed one
Completion to plug
25.9 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 2,775 ft.

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

Last completion to plug: a median of 25.9 years across the 1 well that filed both dates, with the middle half between 25.9 years and 25.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2213081192,775 ftSep 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 2013894.403.93$31
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 20132691.233.42$89
Jan 20131291.603.42$41
Dec 20123986.773.42$133
Nov 20124386.953.62$156
Oct 20122789.383.40$92
Sep 20124494.672.92$128
Aug 20125192.662.91$148
Jul 20124185.133.02$124
Jun 20124279.822.52$106
May 20125591.612.49$137
Apr 201254101.652.00$108
Mar 201252105.052.22$116
Feb 201244101.102.57$113
Jan 20125698.092.73$153
Dec 20116696.873.24$214
Nov 20116595.723.31$215
Oct 20115984.983.65$215
Sep 20112283.623.99$88
Aug 20116483.404.15$266
Jul 20117394.144.52$330
Jun 20115292.904.64$241
May 20116098.134.40$264
Apr 201141105.964.33$178
Mar 20116496.364.06$260
Feb 20115785.644.18$238
Jan 20111286.504.59$55
Dec 2010985.734.35$39
Nov 2010080.843.80$0
Oct 20109578.103.51$333
Sep 20106872.633.98$271
Aug 201013973.684.42$614
Jul 20105172.554.74$242
Jun 20105470.364.91$265
May 20106571.124.24$275
Apr 20105581.694.12$227
Mar 20109278.394.39$404
Feb 20105473.585.44$294
Jan 2010074.365.96$0
Dec 20097071.445.48$384
Nov 20093974.593.75$146
Oct 200910272.544.11$419
Sep 20096365.543.06$193
Aug 20093667.423.22$116
Jul 20095061.133.46$173
Jun 20094466.163.90$171
May 20097154.743.93$279
Apr 200910246.773.59$366
Mar 20093842.144.06$154
Feb 20093932.814.63$181
Jan 2009035.865.37$0
Dec 200813737.105.98$819
Nov 20084655.496.86$316
Oct 20088675.246.92$595
Sep 200868101.767.88$536
Aug 200832114.228.48$271
Jul 200879131.0811.39$900
Jun 20080131.3313.03$0
May 200860123.1711.57$694
Apr 20080110.3110.45$0
Mar 200875101.909.66$725
Feb 20089492.538.77$824
Jan 20086390.388.21$517
Dec 20079188.337.30$664
Nov 200710491.677.29$758
Oct 20079582.856.92$658
Sep 20077475.846.24$462
Aug 20079469.066.39$600
Jul 200710570.906.39$671
Jun 20078862.007.55$664
May 20079658.747.85$753
Apr 200711059.617.81$859
Mar 20078556.927.30$621
Feb 20077955.108.22$649
Jan 20077950.306.73$531
Dec 20068356.656.92$574
Nov 20069154.207.62$693
Oct 200612154.906.01$728
Sep 20067260.085.04$363
Aug 20065368.717.34$389
Jul 20067769.376.34$488
Jun 20067666.286.38$485
May 200611366.016.42$726
Apr 200611864.397.36$869
Mar 20068356.707.08$588
Feb 20066957.597.75$535
Jan 20067860.598.93$697
Dec 20058654.9413.42$1,154
Nov 20058154.6910.59$858
Oct 20057258.3413.80$993
Sep 200510461.4512.08$1,256
Aug 200510261.519.80$999
Jul 20057855.697.84$612
Jun 20056152.337.38$450
May 200515245.226.65$1,011
Apr 20056849.207.36$501
Mar 200510750.377.15$766
Feb 20058845.226.31$555
Jan 20057343.166.32$462
Dec 20049339.866.75$628
Nov 20048245.286.33$519
Oct 20049149.706.52$593
Sep 200411443.245.28$602
Aug 20048342.375.55$461
Jul 20049938.286.08$602
Jun 200421236.106.43$1,364
May 200410637.486.49$688
Apr 200411434.475.86$668
Mar 200410034.365.53$553
Feb 20049532.455.51$523
Jan 200410232.036.30$643
Dec 200310930.266.30$687
Nov 200310228.804.60$469
Oct 200312428.174.76$590
Sep 200310526.314.75$499
Aug 200312929.765.13$662
Jul 200311429.415.17$589
Jun 20039128.565.98$544
May 20039326.595.97$555
Apr 20039126.675.41$492
Mar 200311731.146.10$713
Feb 200311933.487.93$943
Jan 200311730.315.58$653
Dec 200210126.914.85$490
Nov 200210824.664.14$447
Oct 200212326.464.23$520
Sep 200212127.443.64$440
Aug 200212925.963.16$408
Jul 200211124.583.06$340
Jun 200211223.733.34$374
May 200211124.663.58$398
Apr 200211223.653.51$393
Mar 200222922.003.10$711
Feb 20029118.222.38$216
Jan 200213017.172.38$309
Dec 200115116.932.36$357
Nov 200114918.072.41$358
Oct 200112019.782.53$303
Sep 200115224.262.25$342
Aug 200114624.873.05$446
Jul 200113123.933.20$419
Jun 200111324.563.82$432
May 200111525.524.31$495
Apr 200111124.685.34$592
Mar 200112324.545.38$661
Feb 200111327.755.77$652
Jan 200114427.478.40$1,209
Dec 200013626.889.12$1,241
Nov 200015032.215.66$849
Oct 200013831.235.15$710
Sep 200012431.875.19$643
Aug 20006829.644.54$309
Jul 20009228.534.09$376
Jun 200013829.304.40$607
May 20009627.263.68$353
Apr 200011724.513.12$365
Mar 200013228.422.86$377
Feb 200013827.622.73$376
Jan 200037625.272.48$933
Dec 199916924.282.42$410
Nov 199921223.192.43$516
Oct 199917520.982.80$491
Sep 199917121.752.62$448
Aug 199919719.262.88$566
Jul 199921417.892.37$508
Jun 199920015.942.36$472
May 199919615.792.32$455
Apr 199919615.102.21$433
Mar 199920612.471.84$379
Feb 19991849.981.82$334
Jan 199917210.381.90$327
Dec 19981849.201.77$326
Nov 199820310.892.19$444
Oct 199820712.421.97$408
Sep 199817112.592.08$356
Aug 199818511.301.91$353
Jul 199820911.742.24$468
Jun 199817611.242.24$394
May 199818512.622.21$408
Apr 199818813.042.51$471
Mar 199818812.802.31$434
Feb 199818813.952.30$432
Jan 199822114.702.15$476
Dec 199724616.322.41$593
Nov 199721618.193.09$667
Oct 199724319.253.15$765
Sep 199720917.742.95$618
Aug 199720917.862.55$534
Jul 199725417.582.25$571
Jun 199721917.242.26$494
May 199729518.972.31$681
Apr 199727417.882.08$571
Mar 199727218.951.94$527
Feb 199725120.492.21$554
Jan 199738923.483.54$1,377
Dec 199615023.32$0
Nov 199624221.97$0
Oct 199625323.31$0
Sep 199620222.22$0
Aug 199622720.26$0
Jul 199622619.55$0
Jun 199621918.73$0
May 199624019.43$0
Apr 199626321.51$0
Mar 199627319.38$0
Feb 199624316.98$0
Jan 199619517.07$0
Dec 199524117.19$0
Nov 199522516.00$0
Oct 199519215.43$0
Sep 199522216.18$0
Aug 199536515.92$0
Jul 199542015.24$0
Jun 199525416.41$0
May 199534917.56$0
Apr 199530117.73$0
Mar 199528116.44$0
Feb 199516816.58$0
Jan 199523815.92$0
Dec 199432515.03$0
Nov 199428415.90$0
Oct 199428415.58$0
Sep 199431215.29$0
Aug 199429416.13$0
Jul 199423317.56$0
Jun 199430017.09$0
May 199426115.88$0
Apr 199437214.14$0
Mar 199436112.46$0
Feb 199428912.50$0
Jan 199444812.66$0
Dec 199334912.33$0
Nov 199335314.49$0
Oct 199340215.85$0
Sep 199335415.03$0
Aug 199345415.66$0
Jul 199339015.46$0
Jun 199331416.79$0
May 199344017.68$0
Apr 199338718.05$0
Mar 199344218.14$0
Feb 199344017.90$0
Jan 199347916.93$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                    8 Mcf  × $  3.93 =        $31

────────────────────────────────────────────────────
Month total                                      $31

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/125301 is the state's own key, not one this site invented.