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 125545District 7BField 19280700NGPA filingGasSaveExport
Value, all time
$178 k
Jan 1993 – Jun 2013
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
246
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
GasProduction61,247 Mcf$178,071
Total$178,071

20,780 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 32.5562, -97.8957. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.55624, -97.89568 · 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
3,000 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 3,000 ft.

Completions filed
Sep 1987
1 of 1 wells
Plug dates filed
Jun 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

42-22130813123,000 ftSep 1987Jun 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 (246)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

246 months

Jun 20132994.403.93$114
May 201313594.834.15$560
Apr 20139293.964.28$394
Mar 201317093.623.91$665
Feb 201311191.233.42$380
Jan 20135591.603.42$188
Dec 201218186.773.42$619
Nov 201221386.953.62$772
Oct 201212889.383.40$435
Sep 2012094.672.92$0
Aug 201215092.662.91$436
Jul 20129885.133.02$296
Jun 201210179.822.52$254
May 201216291.612.49$403
Apr 2012150101.652.00$300
Mar 2012165105.052.22$367
Feb 2012132101.102.57$339
Jan 201221498.092.73$585
Dec 201119196.873.24$619
Nov 2011095.723.31$0
Oct 201120384.983.65$741
Sep 201118583.623.99$737
Aug 201120283.404.15$838
Jul 2011094.144.52$0
Jun 20119992.904.64$459
May 201112098.134.40$529
Apr 201140105.964.33$173
Mar 201111596.364.06$467
Feb 20115385.644.18$222
Jan 201119986.504.59$913
Dec 201011485.734.35$496
Nov 2010080.843.80$0
Oct 201023378.103.51$818
Sep 201017372.633.98$688
Aug 201030473.684.42$1,343
Jul 20102572.554.74$118
Jun 20106970.364.91$339
May 201013071.124.24$551
Apr 201020981.694.12$862
Mar 201023178.394.39$1,014
Feb 201015973.585.44$865
Jan 2010074.365.96$0
Dec 200913571.445.48$740
Nov 200915074.593.75$563
Oct 200920172.544.11$826
Sep 200915465.543.06$472
Aug 20091667.423.22$52
Jul 20098561.133.46$294
Jun 20093566.163.90$136
May 200911954.743.93$467
Apr 200914346.773.59$513
Mar 20096342.144.06$256
Feb 20093632.814.63$167
Jan 2009035.865.37$0
Dec 200830037.105.98$1,793
Nov 200820255.496.86$1,386
Oct 200822475.246.92$1,551
Sep 2008193101.767.88$1,520
Aug 2008120114.228.48$1,018
Jul 2008270131.0811.39$3,075
Jun 2008150131.3313.03$1,955
May 2008197123.1711.57$2,280
Apr 20080110.3110.45$0
Mar 2008170101.909.66$1,643
Feb 200810492.538.77$912
Jan 200815490.388.21$1,264
Dec 200720288.337.30$1,475
Nov 200713091.677.29$948
Oct 200710782.856.92$741
Sep 2007075.846.24$0
Aug 2007069.066.39$0
Jul 200717070.906.39$1,086
Jun 200714162.007.55$1,064
May 200719858.747.85$1,554
Apr 200711359.617.81$882
Mar 200713956.927.30$1,015
Feb 200711055.108.22$904
Jan 200713450.306.73$901
Dec 200616556.656.92$1,142
Nov 200613754.207.62$1,044
Oct 20062454.906.01$144
Sep 200614960.085.04$751
Aug 20069768.717.34$712
Jul 200612569.376.34$793
Jun 200614366.286.38$913
May 200617266.016.42$1,105
Apr 200615264.397.36$1,119
Mar 200613856.707.08$977
Feb 200611357.597.75$876
Jan 200614560.598.93$1,295
Dec 200513854.9413.42$1,851
Nov 200514054.6910.59$1,482
Oct 200520858.3413.80$2,870
Sep 200519161.4512.08$2,307
Aug 200517261.519.80$1,685
Jul 200516855.697.84$1,318
Jun 200514752.337.38$1,085
May 200519445.226.65$1,290
Apr 200519149.207.36$1,406
Mar 200518950.377.15$1,352
Feb 200521545.226.31$1,357
Jan 200521043.166.32$1,328
Dec 200423539.866.75$1,587
Nov 200420545.286.33$1,298
Oct 200419549.706.52$1,270
Sep 200418343.245.28$967
Aug 200420242.375.55$1,121
Jul 200418838.286.08$1,144
Jun 200419236.106.43$1,235
May 200421837.486.49$1,416
Apr 200428734.475.86$1,681
Mar 20041334.365.53$72
Feb 200417532.455.51$964
Jan 200419332.036.30$1,216
Dec 200318230.266.30$1,147
Nov 200314428.804.60$662
Oct 200317528.174.76$833
Sep 200317326.314.75$822
Aug 200318229.765.13$934
Jul 200316729.415.17$864
Jun 200321028.565.98$1,256
May 200323226.595.97$1,386
Apr 200315826.675.41$854
Mar 200325031.146.10$1,524
Feb 200324833.487.93$1,966
Jan 200322730.315.58$1,267
Dec 200223426.914.85$1,136
Nov 200223924.664.14$989
Oct 200219626.464.23$829
Sep 200225527.443.64$927
Aug 200222625.963.16$715
Jul 200221124.583.06$646
Jun 200221023.733.34$701
May 200225624.663.58$918
Apr 200224723.653.51$868
Mar 200224322.003.10$754
Feb 200223518.222.38$558
Jan 200225317.172.38$601
Dec 200127516.932.36$650
Nov 200126918.072.41$647
Oct 200128319.782.53$716
Sep 200133924.262.25$763
Aug 200128724.873.05$876
Jul 200126423.933.20$844
Jun 200125324.563.82$968
May 200127025.524.31$1,163
Apr 200124624.685.34$1,312
Mar 200127924.545.38$1,500
Feb 200125427.755.77$1,465
Jan 200127927.478.40$2,343
Dec 200026126.889.12$2,381
Nov 200025632.215.66$1,448
Oct 200024731.235.15$1,271
Sep 200027631.875.19$1,431
Aug 200024829.644.54$1,126
Jul 200023828.534.09$973
Jun 200024129.304.40$1,060
May 200027027.263.68$994
Apr 200026224.513.12$816
Mar 200028628.422.86$818
Feb 200027327.622.73$744
Jan 200030325.272.48$752
Dec 199934424.282.42$834
Nov 199936223.192.43$881
Oct 199934520.982.80$967
Sep 199934321.752.62$898
Aug 199934019.262.88$978
Jul 199926917.892.37$638
Jun 199932415.942.36$765
May 199934815.792.32$808
Apr 199933015.102.21$729
Mar 199936412.471.84$669
Feb 19993199.981.82$580
Jan 199934010.381.90$646
Dec 19983489.201.77$617
Nov 199835110.892.19$767
Oct 199836412.421.97$717
Sep 199836612.592.08$762
Aug 199838711.301.91$738
Jul 199841111.742.24$920
Jun 199837911.242.24$848
May 199841212.622.21$909
Apr 199837913.042.51$950
Mar 199838612.802.31$891
Feb 199833713.952.30$775
Jan 199838114.702.15$821
Dec 199738616.322.41$931
Nov 199738718.193.09$1,195
Oct 199741019.253.15$1,291
Sep 199740917.742.95$1,209
Aug 199735417.862.55$904
Jul 199722017.582.25$494
Jun 199731017.242.26$700
May 199733818.972.31$780
Apr 199733617.882.08$700
Mar 199739818.951.94$772
Feb 199734320.492.21$757
Jan 199742123.483.54$1,490
Dec 199642623.32$0
Nov 199645021.97$0
Oct 199643223.31$0
Sep 199633522.22$0
Aug 199632220.26$0
Jul 199628719.55$0
Jun 199634118.73$0
May 199633619.43$0
Apr 199631721.51$0
Mar 199637419.38$0
Feb 199631316.98$0
Jan 199632117.07$0
Dec 199526217.19$0
Nov 199532916.00$0
Oct 199534515.43$0
Sep 199528616.18$0
Aug 199527815.92$0
Jul 199535715.24$0
Jun 19952316.41$0
May 199533217.56$0
Apr 199533717.73$0
Mar 199544716.44$0
Feb 199542916.58$0
Jan 199547815.92$0
Dec 199450415.03$0
Nov 199450815.90$0
Oct 199452815.58$0
Sep 199452415.29$0
Aug 199453416.13$0
Jul 199449817.56$0
Jun 199448917.09$0
May 199451015.88$0
Apr 199448214.14$0
Mar 199455812.46$0
Feb 199443712.50$0
Jan 199455012.66$0
Dec 199350012.33$0
Nov 199353114.49$0
Oct 199363915.85$0
Sep 199349915.03$0
Aug 199337315.66$0
Jul 199355215.46$0
Jun 199349116.79$0
May 199360517.68$0
Apr 199354118.05$0
Mar 199356318.14$0
Feb 199355417.90$0
Jan 199365316.93$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                   29 Mcf  × $  3.93 =       $114

────────────────────────────────────────────────────
Month total                                     $114

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/125545 is the state's own key, not one this site invented.