LOVE-VEALE

Operated by RED GAP OIL & GAS LLC (P-5 697026) in the CRAWFORD (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 128076District 7BField 21587600CondensateGasSaveExport
Value, all time
$147 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
condensate, 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 27 leases and 27 wells, and the rule below applies to all of them.

Discovered
1981-09-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1991-02-11.

The Commission's schedule remark for this field reads: TEMPORARY RULES MADE PERMANENT EFFECTIVE 2/11/91

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
CondensateDisposition109 bbl$2,712
GasProduction53,323 Mcf$144,761
Total$147,473

21,853 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 32.3522, -98.6104. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.35219, -98.61039 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
3,641 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 3,641 ft.

Completions filed
Jul 1988
1 of 1 wells

1 well

42-1333728213,641 ftJul 1988

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 202508967.704.27$380
Feb 202508670.884.34$373
Jan 2025010174.324.28$432
Dec 2024010368.993.12$322
Nov 2024010169.052.20$222
Oct 2024010371.372.28$235
Sep 2024010169.612.36$239
Aug 2024011875.632.06$244
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 2024010173.023.30$333
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 2022010384.888.16$841
Aug 2022010294.529.13$931
Jul 20220115101.587.54$867
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 201902962.632.75$80
Mar 201902856.803.06$86
Feb 201903750.852.79$103
Jan 201904146.033.23$132
Dec 201806646.594.19$276
Nov 201806952.934.24$292
Oct 201807261.443.40$245
Sep 201807759.543.11$239
Aug 201808159.403.07$248
Jul 201808765.142.93$255
Jun 201809860.183.08$302
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 201803161.222.79$86
Feb 201802961.782.77$80
Jan 201803862.874.01$152
Dec 201704257.272.92$123
Nov 201704255.423.12$131
Oct 201705049.292.98$149
Sep 201707147.523.09$219
Aug 201708445.373.00$252
Jul 201709043.873.09$278
Jun 201709542.493.09$293
May 2017011145.373.26$362
Apr 2017012647.933.21$405
Mar 20170046.772.98$0
Feb 201703950.452.95$115
Jan 201704849.413.42$164
Dec 201604948.763.72$182
Nov 201604742.492.64$124
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 201609027.352.36$213
Dec 2015015232.362.00$304
Nov 2015012338.792.17$267
Oct 2015018843.552.43$456
Sep 2015018242.992.76$502
Aug 2015026240.162.87$753
Jul 2015023448.152.95$689
Jun 2015012156.152.88$349
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 2007024258.747.85$1,899
Apr 2007023259.617.81$1,811
Mar 2007023356.927.30$1,701
Feb 2007016455.108.22$1,347
Jan 2007019150.306.73$1,285
Dec 2006022556.656.92$1,557
Nov 2006022954.207.62$1,744
Oct 2006022054.906.01$1,323
Sep 2006022660.085.04$1,138
Aug 2006024468.717.34$1,791
Jul 2006024469.376.34$1,548
Jun 2006023866.286.38$1,519
May 2006023766.016.42$1,523
Apr 2006025864.397.36$1,899
Mar 2006023656.707.08$1,672
Feb 2006018557.597.75$1,434
Jan 2006020160.598.93$1,796
Dec 2005018454.9413.42$2,468
Nov 2005021454.6910.59$2,266
Oct 2005024958.3413.80$3,435
Sep 2005024461.4512.08$2,947
Aug 2005026061.519.80$2,547
Jul 2005023455.697.84$1,835
Jun 2005023852.337.38$1,757
May 2005020945.226.65$1,390
Apr 2005018749.207.36$1,376
Mar 2005022050.377.15$1,574
Feb 2005016545.226.31$1,041
Jan 2005015843.166.32$999
Dec 2004020339.866.75$1,370
Nov 2004024145.286.33$1,526
Oct 2004026649.706.52$1,733
Sep 2004023243.245.28$1,226
Aug 2004023842.375.55$1,321
Jul 2004026338.286.08$1,600
Jun 2004016936.106.43$1,087
May 2004028837.486.49$1,870
Apr 2004019334.475.86$1,131
Mar 2004024134.365.53$1,333
Feb 2004019032.455.51$1,047
Jan 2004017932.036.30$1,128
Dec 2003035930.266.30$2,262
Nov 2003024028.804.60$1,103
Oct 2003014728.174.76$700
Sep 2003019726.314.75$936
Aug 2003018929.765.13$970
Jul 2003019929.415.17$1,029
Jun 2003021128.565.98$1,262
May 2003026626.595.97$1,589
Apr 20030026.675.41$0
Mar 2003012831.146.10$780
Feb 2003018533.487.93$1,466
Jan 2003019030.315.58$1,061
Dec 2002019326.914.85$937
Nov 2002018124.664.14$749
Oct 2002019726.464.23$833
Sep 2002020327.443.64$738
Aug 2002022525.963.16$712
Jul 2002029224.583.06$894
Jun 2002029223.733.34$975
May 2002023424.663.58$839
Apr 2002026923.653.51$945
Mar 2002023422.003.10$726
Feb 200209818.222.38$233
Jan 200209317.172.38$221
Dec 2001011516.932.36$272
Nov 2001016518.072.41$397
Oct 2001020019.782.53$506
Sep 2001018924.262.25$426
Aug 2001017024.873.05$519
Jul 2001024423.933.20$780
Jun 20017125524.563.82$2,719
May 2001025025.524.31$1,077
Apr 2001024824.685.34$1,323
Mar 2001022924.545.38$1,231
Feb 2001018627.755.77$1,073
Jan 2001021927.478.40$1,839
Dec 2000619226.889.12$1,913
Nov 2000017732.215.66$1,001
Oct 2000014031.235.15$720
Sep 2000523231.875.19$1,363
Aug 2000824629.644.54$1,354
Jul 2000729528.534.09$1,406
Jun 2000025829.304.40$1,134
May 2000029827.263.68$1,097
Apr 2000027124.513.12$844
Mar 2000030328.422.86$867
Feb 2000036227.622.73$987
Jan 2000034425.272.48$853
Dec 199901824.282.42$44
Nov 199904323.192.43$105
Oct 1999017620.982.80$493
Sep 1999027721.752.62$725
Aug 1999027819.262.88$799
Jul 1999034017.892.37$807
Jun 1999027115.942.36$640
May 1999029215.792.32$678
Apr 1999020415.102.21$450
Mar 1999013212.471.84$243
Feb 199901639.981.82$296
Jan 1999012310.381.90$234
Dec 19980799.201.77$140
Nov 199807110.892.19$155
Oct 1998025112.421.97$494
Sep 1998026312.592.08$548
Aug 1998029111.301.91$555
Jul 1998630811.742.24$760
Jun 1998030511.242.24$682
May 1998035812.622.21$790
Apr 1998026813.042.51$671
Mar 1998019312.802.31$446
Feb 1998017113.952.30$393
Jan 1998017914.702.15$386
Dec 1997014016.322.41$338
Nov 1997016018.193.09$494
Oct 1997024319.253.15$765
Sep 1997027717.742.95$819
Aug 1997031817.862.55$812
Jul 1997029117.582.25$654
Jun 1997025817.242.26$582
May 1997014018.972.31$323
Apr 1997017617.882.08$367
Mar 1997025518.951.94$494
Feb 1997025420.492.21$560
Jan 1997017223.483.54$609
Dec 199603223.32$0
Nov 199608821.97$0
Oct 1996623623.31$140
Sep 1996029122.22$0
Aug 1996040020.26$0
Jul 1996032419.55$0
Jun 1996019018.73$0
May 1996018919.43$0
Apr 1996026421.51$0
Mar 199606019.38$0
Feb 199607016.98$0
Jan 1996018217.07$0
Dec 1995029217.19$0
Nov 1995033516.00$0
Oct 1995041315.43$0
Sep 1995045316.18$0
Aug 1995044315.92$0
Jul 1995044815.24$0
Jun 1995043716.41$0
May 1995047017.56$0
Apr 1995047917.73$0
Mar 1995043216.44$0
Feb 1995043416.58$0
Jan 1995057015.92$0
Dec 1994050915.03$0
Nov 1994053315.90$0
Oct 1994056115.58$0
Sep 1994053015.29$0
Aug 1994050316.13$0
Jul 1994059017.56$0
Jun 1994053817.09$0
May 1994059215.88$0
Apr 1994054414.14$0
Mar 1994057712.46$0
Feb 1994052612.50$0
Jan 1994059012.66$0
Dec 1993062412.33$0
Nov 1993058714.49$0
Oct 1993066615.85$0
Sep 1993060415.03$0
Aug 1993059815.66$0
Jul 1993067515.46$0
Jun 1993074816.79$0
May 1993070917.68$0
Apr 1993064018.05$0
Mar 1993064018.14$0
Feb 1993058317.90$0
Jan 1993065416.93$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.

Mar 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 67.70 =         $0
Gas                   89 Mcf  × $  4.27 =       $380

────────────────────────────────────────────────────
Month total                                     $380

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/128076 is the state's own key, not one this site invented.