LOKEY

Name: LOKEY lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 125939District 7BField 19280700NGPA filingGasSave Export

Value, all time

$272 k

Jan 1993 – Aug 2013

Value, last 12 filed months

$923

at the published price for each month

Months reported

248

no gaps in the span

Streams

gas

The COCKRELL (STRAWN) field

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Gas	Production	94,320 Mcf	$271,948
Total			$271,948

35,229 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 32.5645, -97.9123. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.56445, -97.91230 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

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 2,800 ft.

Completions filed

Nov 1987

1 of 1 wells

Plug dates filed

Aug 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


42-36733040	18	2,800 ft	Nov 1987	Aug 2013	Yes

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 2013	0	104.25	3.52	$0
Jul 2013	0	102.52	3.72	$0
Jun 2013	0	94.40	3.93	$0
May 2013	73	94.83	4.15	$303
Apr 2013	71	93.96	4.28	$304
Mar 2013	44	93.62	3.91	$172
Feb 2013	0	91.23	3.42	$0
Jan 2013	0	91.60	3.42	$0
Dec 2012	42	86.77	3.42	$144
Nov 2012	0	86.95	3.62	$0
Oct 2012	0	89.38	3.40	$0
Sep 2012	0	94.67	2.92	$0
Aug 2012	0	92.66	2.91	$0
Jul 2012	0	85.13	3.02	$0
Jun 2012	0	79.82	2.52	$0
May 2012	0	91.61	2.49	$0
Apr 2012	0	101.65	2.00	$0
Mar 2012	0	105.05	2.22	$0
Feb 2012	0	101.10	2.57	$0
Jan 2012	0	98.09	2.73	$0
Dec 2011	0	96.87	3.24	$0
Nov 2011	16	95.72	3.31	$53
Oct 2011	70	84.98	3.65	$255
Sep 2011	110	83.62	3.99	$438
Aug 2011	139	83.40	4.15	$577
Jul 2011	147	94.14	4.52	$664
Jun 2011	129	92.90	4.64	$599
May 2011	147	98.13	4.40	$648
Apr 2011	87	105.96	4.33	$377
Mar 2011	136	96.36	4.06	$552
Feb 2011	97	85.64	4.18	$405
Jan 2011	184	86.50	4.59	$844
Dec 2010	127	85.73	4.35	$552
Nov 2010	0	80.84	3.80	$0
Oct 2010	176	78.10	3.51	$618
Sep 2010	151	72.63	3.98	$601
Aug 2010	297	73.68	4.42	$1,313
Jul 2010	133	72.55	4.74	$630
Jun 2010	225	70.36	4.91	$1,105
May 2010	139	71.12	4.24	$589
Apr 2010	95	81.69	4.12	$392
Mar 2010	287	78.39	4.39	$1,260
Feb 2010	121	73.58	5.44	$659
Jan 2010	0	74.36	5.96	$0
Dec 2009	326	71.44	5.48	$1,788
Nov 2009	356	74.59	3.75	$1,336
Oct 2009	225	72.54	4.11	$925
Sep 2009	100	65.54	3.06	$306
Aug 2009	40	67.42	3.22	$129
Jul 2009	63	61.13	3.46	$218
Jun 2009	61	66.16	3.90	$238
May 2009	114	54.74	3.93	$448
Apr 2009	448	46.77	3.59	$1,607
Mar 2009	102	42.14	4.06	$414
Feb 2009	48	32.81	4.63	$222
Jan 2009	0	35.86	5.37	$0
Dec 2008	486	37.10	5.98	$2,905
Nov 2008	369	55.49	6.86	$2,531
Oct 2008	335	75.24	6.92	$2,319
Sep 2008	165	101.76	7.88	$1,300
Aug 2008	78	114.22	8.48	$662
Jul 2008	230	131.08	11.39	$2,620
Jun 2008	144	131.33	13.03	$1,877
May 2008	133	123.17	11.57	$1,539
Apr 2008	191	110.31	10.45	$1,997
Mar 2008	235	101.90	9.66	$2,271
Feb 2008	289	92.53	8.77	$2,535
Jan 2008	214	90.38	8.21	$1,756
Dec 2007	242	88.33	7.30	$1,767
Nov 2007	206	91.67	7.29	$1,502
Oct 2007	280	82.85	6.92	$1,938
Sep 2007	276	75.84	6.24	$1,723
Aug 2007	279	69.06	6.39	$1,782
Jul 2007	232	70.90	6.39	$1,482
Jun 2007	108	62.00	7.55	$815
May 2007	290	58.74	7.85	$2,275
Apr 2007	420	59.61	7.81	$3,278
Mar 2007	285	56.92	7.30	$2,081
Feb 2007	227	55.10	8.22	$1,865
Jan 2007	240	50.30	6.73	$1,614
Dec 2006	277	56.65	6.92	$1,916
Nov 2006	241	54.20	7.62	$1,836
Oct 2006	278	54.90	6.01	$1,672
Sep 2006	262	60.08	5.04	$1,320
Aug 2006	171	68.71	7.34	$1,255
Jul 2006	232	69.37	6.34	$1,472
Jun 2006	275	66.28	6.38	$1,756
May 2006	315	66.01	6.42	$2,024
Apr 2006	340	64.39	7.36	$2,503
Mar 2006	288	56.70	7.08	$2,040
Feb 2006	251	57.59	7.75	$1,946
Jan 2006	294	60.59	8.93	$2,626
Dec 2005	312	54.94	13.42	$4,186
Nov 2005	237	54.69	10.59	$2,509
Oct 2005	304	58.34	13.80	$4,194
Sep 2005	301	61.45	12.08	$3,636
Aug 2005	292	61.51	9.80	$2,861
Jul 2005	299	55.69	7.84	$2,345
Jun 2005	275	52.33	7.38	$2,030
May 2005	357	45.22	6.65	$2,374
Apr 2005	395	49.20	7.36	$2,907
Mar 2005	308	50.37	7.15	$2,204
Feb 2005	314	45.22	6.31	$1,982
Jan 2005	330	43.16	6.32	$2,086
Dec 2004	276	39.86	6.75	$1,863
Nov 2004	283	45.28	6.33	$1,792
Oct 2004	344	49.70	6.52	$2,241
Sep 2004	334	43.24	5.28	$1,765
Aug 2004	328	42.37	5.55	$1,821
Jul 2004	339	38.28	6.08	$2,063
Jun 2004	339	36.10	6.43	$2,181
May 2004	382	37.48	6.49	$2,481
Apr 2004	387	34.47	5.86	$2,267
Mar 2004	99	34.36	5.53	$547
Feb 2004	326	32.45	5.51	$1,796
Jan 2004	420	32.03	6.30	$2,646
Dec 2003	357	30.26	6.30	$2,250
Nov 2003	343	28.80	4.60	$1,576
Oct 2003	315	28.17	4.76	$1,499
Sep 2003	375	26.31	4.75	$1,781
Aug 2003	392	29.76	5.13	$2,011
Jul 2003	516	29.41	5.17	$2,668
Jun 2003	393	28.56	5.98	$2,351
May 2003	391	26.59	5.97	$2,335
Apr 2003	388	26.67	5.41	$2,098
Mar 2003	370	31.14	6.10	$2,256
Feb 2003	381	33.48	7.93	$3,020
Jan 2003	410	30.31	5.58	$2,289
Dec 2002	364	26.91	4.85	$1,767
Nov 2002	353	24.66	4.14	$1,460
Oct 2002	362	26.46	4.23	$1,531
Sep 2002	291	27.44	3.64	$1,058
Aug 2002	391	25.96	3.16	$1,237
Jul 2002	410	24.58	3.06	$1,255
Jun 2002	324	23.73	3.34	$1,082
May 2002	443	24.66	3.58	$1,588
Apr 2002	487	23.65	3.51	$1,711
Mar 2002	688	22.00	3.10	$2,135
Feb 2002	401	18.22	2.38	$953
Jan 2002	407	17.17	2.38	$967
Dec 2001	379	16.93	2.36	$896
Nov 2001	416	18.07	2.41	$1,001
Oct 2001	371	19.78	2.53	$938
Sep 2001	370	24.26	2.25	$833
Aug 2001	364	24.87	3.05	$1,111
Jul 2001	370	23.93	3.20	$1,183
Jun 2001	501	24.56	3.82	$1,916
May 2001	553	25.52	4.31	$2,382
Apr 2001	471	24.68	5.34	$2,513
Mar 2001	478	24.54	5.38	$2,570
Feb 2001	362	27.75	5.77	$2,088
Jan 2001	458	27.47	8.40	$3,847
Dec 2000	226	26.88	9.12	$2,062
Nov 2000	334	32.21	5.66	$1,890
Oct 2000	247	31.23	5.15	$1,271
Sep 2000	393	31.87	5.19	$2,038
Aug 2000	388	29.64	4.54	$1,762
Jul 2000	369	28.53	4.09	$1,509
Jun 2000	380	29.30	4.40	$1,671
May 2000	406	27.26	3.68	$1,494
Apr 2000	415	24.51	3.12	$1,293
Mar 2000	366	28.42	2.86	$1,047
Feb 2000	464	27.62	2.73	$1,265
Jan 2000	483	25.27	2.48	$1,198
Dec 1999	560	24.28	2.42	$1,357
Nov 1999	557	23.19	2.43	$1,356
Oct 1999	584	20.98	2.80	$1,637
Sep 1999	544	21.75	2.62	$1,425
Aug 1999	526	19.26	2.88	$1,513
Jul 1999	560	17.89	2.37	$1,329
Jun 1999	494	15.94	2.36	$1,167
May 1999	522	15.79	2.32	$1,212
Apr 1999	508	15.10	2.21	$1,122
Mar 1999	540	12.47	1.84	$993
Feb 1999	515	9.98	1.82	$936
Jan 1999	581	10.38	1.90	$1,104
Dec 1998	543	9.20	1.77	$963
Nov 1998	566	10.89	2.19	$1,237
Oct 1998	581	12.42	1.97	$1,144
Sep 1998	585	12.59	2.08	$1,218
Aug 1998	573	11.30	1.91	$1,093
Jul 1998	640	11.74	2.24	$1,432
Jun 1998	542	11.24	2.24	$1,213
May 1998	543	12.62	2.21	$1,198
Apr 1998	521	13.04	2.51	$1,305
Mar 1998	528	12.80	2.31	$1,219
Feb 1998	440	13.95	2.30	$1,012
Jan 1998	483	14.70	2.15	$1,041
Dec 1997	235	16.32	2.41	$567
Nov 1997	565	18.19	3.09	$1,745
Oct 1997	154	19.25	3.15	$485
Sep 1997	253	17.74	2.95	$748
Aug 1997	225	17.86	2.55	$575
Jul 1997	546	17.58	2.25	$1,227
Jun 1997	543	17.24	2.26	$1,226
May 1997	571	18.97	2.31	$1,318
Apr 1997	544	17.88	2.08	$1,133
Mar 1997	452	18.95	1.94	$876
Feb 1997	379	20.49	2.21	$836
Jan 1997	587	23.48	3.54	$2,078
Dec 1996	585	23.32	—	$0
Nov 1996	590	21.97	—	$0
Oct 1996	611	23.31	—	$0
Sep 1996	573	22.22	—	$0
Aug 1996	624	20.26	—	$0
Jul 1996	648	19.55	—	$0
Jun 1996	654	18.73	—	$0
May 1996	758	19.43	—	$0
Apr 1996	739	21.51	—	$0
Mar 1996	736	19.38	—	$0
Feb 1996	686	16.98	—	$0
Jan 1996	734	17.07	—	$0
Dec 1995	718	17.19	—	$0
Nov 1995	764	16.00	—	$0
Oct 1995	591	15.43	—	$0
Sep 1995	675	16.18	—	$0
Aug 1995	822	15.92	—	$0
Jul 1995	814	15.24	—	$0
Jun 1995	769	16.41	—	$0
May 1995	581	17.56	—	$0
Apr 1995	538	17.73	—	$0
Mar 1995	502	16.44	—	$0
Feb 1995	729	16.58	—	$0
Jan 1995	608	15.92	—	$0
Dec 1994	768	15.03	—	$0
Nov 1994	732	15.90	—	$0
Oct 1994	785	15.58	—	$0
Sep 1994	736	15.29	—	$0
Aug 1994	709	16.13	—	$0
Jul 1994	885	17.56	—	$0
Jun 1994	696	17.09	—	$0
May 1994	517	15.88	—	$0
Apr 1994	801	14.14	—	$0
Mar 1994	773	12.46	—	$0
Feb 1994	721	12.50	—	$0
Jan 1994	891	12.66	—	$0
Dec 1993	799	12.33	—	$0
Nov 1993	792	14.49	—	$0
Oct 1993	905	15.85	—	$0
Sep 1993	876	15.03	—	$0
Aug 1993	878	15.66	—	$0
Jul 1993	868	15.46	—	$0
Jun 1993	714	16.79	—	$0
May 1993	938	17.68	—	$0
Apr 1993	862	18.05	—	$0
Mar 1993	747	18.14	—	$0
Feb 1993	882	17.90	—	$0
Jan 1993	905	16.93	—	$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.

May 2013 — as filed, then multipliedworked

Gas                   73 Mcf  × $  4.15 =       $303

────────────────────────────────────────────────────
Month total                                     $303

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/125939 is the state's own key, not one this site invented.