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 125938District 7BField 19280700NGPA filingGasSaveExport
Value, all time
$239 k
Jan 1993 – Aug 2013
Value, last 12 filed months
$4 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
GasProduction83,512 Mcf$238,994
Total$238,994

29,890 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 32.5635, -97.9061. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.56350, -97.90611 · 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
2,800 ft
1 wells filed one
Completion to plug
18.5 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 2,800 ft.

Completions filed
Feb 1995
1 of 1 wells
Plug dates filed
Aug 2013
1 of 1 wells

Last completion to plug: a median of 18.5 years across the 1 well that filed both dates, with the middle half between 18.5 years and 18.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-36733041192,800 ftFeb 1995Aug 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 20132694.403.93$102
May 201311894.834.15$490
Apr 201310793.964.28$458
Mar 201312893.623.91$501
Feb 201311491.233.42$390
Jan 20139291.603.42$315
Dec 201213386.773.42$455
Nov 201214986.953.62$540
Oct 201211289.383.40$381
Sep 201210794.672.92$312
Aug 201212392.662.91$358
Jul 20129885.133.02$296
Jun 201210179.822.52$254
May 201214491.612.49$358
Apr 2012141101.652.00$282
Mar 2012136105.052.22$302
Feb 2012118101.102.57$303
Jan 201213298.092.73$361
Dec 201116996.873.24$548
Nov 201115495.723.31$510
Oct 201113784.983.65$500
Sep 201115083.623.99$598
Aug 201116883.404.15$697
Jul 201118594.144.52$836
Jun 201113992.904.64$645
May 201116798.134.40$736
Apr 2011104105.964.33$451
Mar 201117196.364.06$694
Feb 201111185.644.18$464
Jan 201118786.504.59$858
Dec 201017485.734.35$757
Nov 2010080.843.80$0
Oct 201021778.103.51$761
Sep 201016772.633.98$665
Aug 201030573.684.42$1,348
Jul 20109372.554.74$440
Jun 201011570.364.91$565
May 201015671.124.24$661
Apr 20107881.694.12$322
Mar 201023678.394.39$1,036
Feb 201015073.585.44$816
Jan 2010074.365.96$0
Dec 200919971.445.48$1,091
Nov 200916674.593.75$623
Oct 200919972.544.11$818
Sep 200914265.543.06$435
Aug 20094967.423.22$158
Jul 200914861.133.46$513
Jun 2009066.163.90$0
May 20095254.743.93$204
Apr 200925546.773.59$915
Mar 20098842.144.06$357
Feb 20098632.814.63$398
Jan 2009035.865.37$0
Dec 200843337.105.98$2,588
Nov 200820555.496.86$1,406
Oct 200822975.246.92$1,585
Sep 2008179101.767.88$1,410
Aug 200884114.228.48$713
Jul 2008188131.0811.39$2,141
Jun 200897131.3313.03$1,264
May 2008100123.1711.57$1,157
Apr 20080110.3110.45$0
Mar 2008209101.909.66$2,020
Feb 200830292.538.77$2,649
Jan 200823690.388.21$1,937
Dec 200721188.337.30$1,541
Nov 200721191.677.29$1,539
Oct 200722482.856.92$1,551
Sep 200723075.846.24$1,436
Aug 200723869.066.39$1,520
Jul 200720470.906.39$1,303
Jun 200717062.007.55$1,283
May 200723758.747.85$1,860
Apr 200718359.617.81$1,428
Mar 200724856.927.30$1,811
Feb 200720755.108.22$1,701
Jan 200724150.306.73$1,621
Dec 200627456.656.92$1,896
Nov 200620754.207.62$1,577
Oct 200623654.906.01$1,419
Sep 200621760.085.04$1,093
Aug 200613968.717.34$1,020
Jul 200619069.376.34$1,205
Jun 200623066.286.38$1,468
May 200624966.016.42$1,600
Apr 200626364.397.36$1,936
Mar 200624656.707.08$1,742
Feb 200622257.597.75$1,721
Jan 200624660.598.93$2,198
Dec 200524754.9413.42$3,314
Nov 200525354.6910.59$2,679
Oct 200524958.3413.80$3,435
Sep 200522761.4512.08$2,742
Aug 200523461.519.80$2,292
Jul 200524755.697.84$1,937
Jun 200521652.337.38$1,594
May 200526045.226.65$1,729
Apr 200528149.207.36$2,068
Mar 200528650.377.15$2,046
Feb 200529045.226.31$1,830
Jan 200529343.166.32$1,852
Dec 200416339.866.75$1,100
Nov 200422045.286.33$1,393
Oct 200426149.706.52$1,700
Sep 200425843.245.28$1,363
Aug 200424742.375.55$1,371
Jul 200427338.286.08$1,661
Jun 200424336.106.43$1,563
May 200426437.486.49$1,715
Apr 200427134.475.86$1,588
Mar 200431134.365.53$1,720
Feb 200428032.455.51$1,543
Jan 200432532.036.30$2,047
Dec 200329630.266.30$1,865
Nov 200329228.804.60$1,342
Oct 200330228.174.76$1,437
Sep 200329426.314.75$1,396
Aug 200331629.765.13$1,621
Jul 200324129.415.17$1,246
Jun 200330028.565.98$1,795
May 200329426.595.97$1,756
Apr 200333226.675.41$1,795
Mar 200335031.146.10$2,134
Feb 200330233.487.93$2,394
Jan 200331230.315.58$1,742
Dec 200235026.914.85$1,699
Nov 200231724.664.14$1,311
Oct 200232326.464.23$1,366
Sep 200232827.443.64$1,192
Aug 200232525.963.16$1,028
Jul 200234224.583.06$1,047
Jun 200234223.733.34$1,142
May 200235724.663.58$1,279
Apr 200235223.653.51$1,236
Mar 200224822.003.10$769
Feb 200230118.222.38$715
Jan 200236717.172.38$872
Dec 200136416.932.36$861
Nov 200134218.072.41$823
Oct 200133519.782.53$847
Sep 200131624.262.25$711
Aug 200134024.873.05$1,038
Jul 200132723.933.20$1,045
Jun 200131924.563.82$1,220
May 200134525.524.31$1,486
Apr 200134124.685.34$1,819
Mar 200137524.545.38$2,016
Feb 200132427.755.77$1,869
Jan 200137727.478.40$3,166
Dec 200038126.889.12$3,476
Nov 200034532.215.66$1,952
Oct 200034931.235.15$1,796
Sep 200037131.875.19$1,924
Aug 200034329.644.54$1,557
Jul 200032528.534.09$1,329
Jun 200032829.304.40$1,442
May 200034327.263.68$1,262
Apr 200034324.513.12$1,069
Mar 200035628.422.86$1,018
Feb 200035927.622.73$979
Jan 200040825.272.48$1,012
Dec 199942924.282.42$1,040
Nov 199943123.192.43$1,049
Oct 199941520.982.80$1,164
Sep 199952021.752.62$1,362
Aug 199945419.262.88$1,306
Jul 199943417.892.37$1,030
Jun 199939515.942.36$933
May 199940115.792.32$931
Apr 199939415.102.21$870
Mar 199940712.471.84$748
Feb 19993519.981.82$638
Jan 199940410.381.90$768
Dec 19984089.201.77$724
Nov 199842710.892.19$933
Oct 199840812.421.97$803
Sep 199841312.592.08$860
Aug 199845611.301.91$870
Jul 199843611.742.24$975
Jun 199837711.242.24$843
May 199844312.622.21$977
Apr 199847113.042.51$1,180
Mar 199846812.802.31$1,081
Feb 199852113.952.30$1,198
Jan 199870614.702.15$1,521
Dec 199748716.322.41$1,174
Nov 199745018.193.09$1,390
Oct 199743419.253.15$1,367
Sep 199741817.742.95$1,235
Aug 199747717.862.55$1,219
Jul 199749117.582.25$1,103
Jun 199749317.242.26$1,113
May 199751418.972.31$1,187
Apr 199768917.882.08$1,435
Mar 199792118.951.94$1,786
Feb 199745920.492.21$1,013
Jan 199750123.483.54$1,773
Dec 199646723.32$0
Nov 199646021.97$0
Oct 199651823.31$0
Sep 199650922.22$0
Aug 199654420.26$0
Jul 199654619.55$0
Jun 199656518.73$0
May 199662219.43$0
Apr 199660121.51$0
Mar 199654319.38$0
Feb 199658116.98$0
Jan 199673717.07$0
Dec 199562017.19$0
Nov 199558816.00$0
Oct 199557515.43$0
Sep 199558516.18$0
Aug 199555115.92$0
Jul 199562215.24$0
Jun 199557916.41$0
May 199543617.56$0
Apr 199540717.73$0
Mar 199561816.44$0
Feb 199542216.58$0
Jan 199578815.92$0
Dec 199452515.03$0
Nov 199459015.90$0
Oct 199456815.58$0
Sep 199459515.29$0
Aug 199469516.13$0
Jul 199464717.56$0
Jun 199458817.09$0
May 199476015.88$0
Apr 19941,09614.14$0
Mar 199483112.46$0
Feb 199468012.50$0
Jan 199478112.66$0
Dec 199364012.33$0
Nov 199354214.49$0
Oct 199372315.85$0
Sep 199362815.03$0
Aug 199360715.66$0
Jul 199362015.46$0
Jun 199356216.79$0
May 199367617.68$0
Apr 199364918.05$0
Mar 199375218.14$0
Feb 199374917.90$0
Jan 199390216.93$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                   26 Mcf  × $  3.93 =       $102

────────────────────────────────────────────────────
Month total                                     $102

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/125938 is the state's own key, not one this site invented.