LOVE, R.N.

Operated by INTERSTATE EXPLORATIONS LLC (P-5 425206) in the BUTLER (CONGL.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 126290District 7BField 14014300GasSaveExport
Value, all time
$11 k
Jan 1993 – Jun 2006
Value, last 12 filed months
$0
at the published price for each month
Months reported
162
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 11 leases and 11 wells, and the rule below applies to all of them.

Discovered
1987-05-06
as the register files it
Field class
Gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1988-01-01.

The Commission's schedule remark for this field reads: TEMP. RULES 7B-90,548 1-1-88 TO 7-1-89

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
GasProduction12,041 Mcf$10,554
Total$10,554

7,569 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 32.3887, -98.6029. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.38868, -98.60293 · 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
3,412 ft
1 wells filed one
Completion to plug
18.6 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 3,412 ft.

Completions filed
Nov 1987
1 of 1 wells
Plug dates filed
Jun 2006
1 of 1 wells

Last completion to plug: a median of 18.6 years across the 1 well that filed both dates, with the middle half between 18.6 years and 18.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1333711223,412 ftNov 1987Jun 2006Yes

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 (162)

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

162 months

Jun 2006066.286.38$0
May 2006066.016.42$0
Apr 2006064.397.36$0
Mar 2006056.707.08$0
Feb 2006057.597.75$0
Jan 2006060.598.93$0
Dec 2005054.9413.42$0
Nov 2005054.6910.59$0
Oct 2005058.3413.80$0
Sep 2005061.4512.08$0
Aug 2005061.519.80$0
Jul 2005055.697.84$0
Jun 2005052.337.38$0
May 2005045.226.65$0
Apr 2005049.207.36$0
Mar 2005050.377.15$0
Feb 2005045.226.31$0
Jan 2005043.166.32$0
Dec 2004039.866.75$0
Nov 2004045.286.33$0
Oct 2004049.706.52$0
Sep 2004043.245.28$0
Aug 2004042.375.55$0
Jul 2004038.286.08$0
Jun 2004036.106.43$0
May 2004037.486.49$0
Apr 2004034.475.86$0
Mar 2004034.365.53$0
Feb 2004032.455.51$0
Jan 2004032.036.30$0
Dec 2003030.266.30$0
Nov 2003028.804.60$0
Oct 2003028.174.76$0
Sep 2003026.314.75$0
Aug 2003029.765.13$0
Jul 2003029.415.17$0
Jun 2003028.565.98$0
May 2003026.595.97$0
Apr 2003026.675.41$0
Mar 2003031.146.10$0
Feb 2003033.487.93$0
Jan 2003030.315.58$0
Dec 2002026.914.85$0
Nov 2002024.664.14$0
Oct 2002026.464.23$0
Sep 2002027.443.64$0
Aug 2002025.963.16$0
Jul 2002024.583.06$0
Jun 2002623.733.34$20
May 2002824.663.58$29
Apr 20022623.653.51$91
Mar 20022722.003.10$84
Feb 2002018.222.38$0
Jan 2002017.172.38$0
Dec 2001016.932.36$0
Nov 2001018.072.41$0
Oct 2001019.782.53$0
Sep 2001024.262.25$0
Aug 2001024.873.05$0
Jul 2001023.933.20$0
Jun 2001024.563.82$0
May 2001025.524.31$0
Apr 2001224.685.34$11
Mar 20012324.545.38$124
Feb 2001027.755.77$0
Jan 20011327.478.40$109
Dec 2000026.889.12$0
Nov 2000032.215.66$0
Oct 2000031.235.15$0
Sep 2000031.875.19$0
Aug 2000029.644.54$0
Jul 2000028.534.09$0
Jun 2000029.304.40$0
May 2000027.263.68$0
Apr 2000024.513.12$0
Mar 2000028.422.86$0
Feb 2000027.622.73$0
Jan 20003625.272.48$89
Dec 199910224.282.42$247
Nov 199911223.192.43$273
Oct 199911820.982.80$331
Sep 199912621.752.62$330
Aug 199916219.262.88$466
Jul 199913317.892.37$316
Jun 199917815.942.36$420
May 199917515.792.32$406
Apr 199914515.102.21$320
Mar 199910912.471.84$200
Feb 19991459.981.82$264
Jan 199915710.381.90$298
Dec 19981339.201.77$236
Nov 199814610.892.19$319
Oct 199816112.421.97$317
Sep 199816012.592.08$333
Aug 199819511.301.91$372
Jul 199820511.742.24$459
Jun 199822211.242.24$497
May 19985312.622.21$117
Apr 199811513.042.51$288
Mar 199811012.802.31$254
Feb 19985513.952.30$126
Jan 19987114.702.15$153
Dec 19974216.322.41$101
Nov 19971518.193.09$46
Oct 199711419.253.15$359
Sep 19976417.742.95$189
Aug 199712417.862.55$317
Jul 199713617.582.25$306
Jun 199713617.242.26$307
May 199711818.972.31$272
Apr 199712417.882.08$258
Mar 19976418.951.94$124
Feb 1997020.492.21$0
Jan 199710623.483.54$375
Dec 199611623.32$0
Nov 19967921.97$0
Oct 19966823.31$0
Sep 19968122.22$0
Aug 19963220.26$0
Jul 1996819.55$0
Jun 19966518.73$0
May 19967719.43$0
Apr 199621721.51$0
Mar 199611919.38$0
Feb 19961116.98$0
Jan 199618417.07$0
Dec 19956917.19$0
Nov 19955316.00$0
Oct 199515115.43$0
Sep 199515916.18$0
Aug 199519315.92$0
Jul 199514215.24$0
Jun 199517316.41$0
May 199533917.56$0
Apr 199517517.73$0
Mar 199516416.44$0
Feb 19958516.58$0
Jan 199515615.92$0
Dec 199414115.03$0
Nov 199425015.90$0
Oct 199423815.58$0
Sep 199413215.29$0
Aug 199414316.13$0
Jul 199414517.56$0
Jun 199428217.09$0
May 199427115.88$0
Apr 199416214.14$0
Mar 199414912.46$0
Feb 199416912.50$0
Jan 199419612.66$0
Dec 199322712.33$0
Nov 199319914.49$0
Oct 199324415.85$0
Sep 199317415.03$0
Aug 199340715.66$0
Jul 199321015.46$0
Jun 199316816.79$0
May 199334717.68$0
Apr 199313218.05$0
Mar 199312018.14$0
Feb 19934917.90$0
Jan 19939816.93$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 2002 — as filed, then multipliedworked
Gas                    6 Mcf  × $  3.34 =        $20

────────────────────────────────────────────────────
Month total                                      $20

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/126290 is the state's own key, not one this site invented.