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 138539District 7BField 192807002 tax incentive programmesCondensateGasSave Export

Value, all time

$235 k

Jan 1993 – Jul 2013

Value, last 12 filed months

$5 k

at the published price for each month

Months reported

247

no gaps in the span

Streams

condensate, 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
High Cost Gas	1	1	1993-10-23	128177
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
Condensate	Disposition	1 bbl	$66
Gas	Production	113,793 Mcf	$235,413
Total			$235,478

55,243 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 32.5749, -97.8978. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.57489, -97.89782 · 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

3,108 ft

1 wells filed one

Completion to plug

22.2 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 3,108 ft.

Completions filed

May 1991

1 of 1 wells

Plug dates filed

Jul 2013

1 of 1 wells

Last completion to plug: a median of 22.2 years across the 1 well that filed both dates, with the middle half between 22.2 years and 22.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-36733123	2	3,108 ft	May 1991	Jul 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 (247)

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

247 months


Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	32	94.40	3.93	$126
May 2013	0	129	94.83	4.15	$535
Apr 2013	0	130	93.96	4.28	$557
Mar 2013	0	134	93.62	3.91	$524
Feb 2013	0	119	91.23	3.42	$407
Jan 2013	0	102	91.60	3.42	$349
Dec 2012	0	140	86.77	3.42	$479
Nov 2012	0	152	86.95	3.62	$551
Oct 2012	0	121	89.38	3.40	$411
Sep 2012	0	114	94.67	2.92	$333
Aug 2012	0	158	92.66	2.91	$459
Jul 2012	0	105	85.13	3.02	$317
Jun 2012	0	109	79.82	2.52	$275
May 2012	0	362	91.61	2.49	$901
Apr 2012	0	102	101.65	2.00	$204
Mar 2012	0	60	105.05	2.22	$133
Feb 2012	0	50	101.10	2.57	$129
Jan 2012	0	86	98.09	2.73	$235
Dec 2011	0	98	96.87	3.24	$317
Nov 2011	0	73	95.72	3.31	$242
Oct 2011	0	109	84.98	3.65	$398
Sep 2011	0	126	83.62	3.99	$502
Aug 2011	0	93	83.40	4.15	$386
Jul 2011	0	128	94.14	4.52	$578
Jun 2011	0	222	92.90	4.64	$1,030
May 2011	0	15	98.13	4.40	$66
Apr 2011	0	125	105.96	4.33	$542
Mar 2011	0	236	96.36	4.06	$958
Feb 2011	0	110	85.64	4.18	$460
Jan 2011	0	189	86.50	4.59	$867
Dec 2010	0	183	85.73	4.35	$796
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	216	78.10	3.51	$758
Sep 2010	0	188	72.63	3.98	$748
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	1	72.55	4.74	$5
Jun 2010	0	109	70.36	4.91	$535
May 2010	0	156	71.12	4.24	$661
Apr 2010	0	157	81.69	4.12	$647
Mar 2010	0	241	78.39	4.39	$1,058
Feb 2010	0	144	73.58	5.44	$784
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	197	71.44	5.48	$1,080
Nov 2009	0	157	74.59	3.75	$589
Oct 2009	0	190	72.54	4.11	$781
Sep 2009	1	118	65.54	3.06	$427
Aug 2009	0	59	67.42	3.22	$190
Jul 2009	0	69	61.13	3.46	$239
Jun 2009	0	13	66.16	3.90	$51
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	171	46.77	3.59	$613
Mar 2009	0	33	42.14	4.06	$134
Feb 2009	0	48	32.81	4.63	$222
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	103	37.10	5.98	$616
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	27	101.76	7.88	$213
Aug 2008	0	64	114.22	8.48	$543
Jul 2008	0	142	131.08	11.39	$1,617
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	97	123.17	11.57	$1,123
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	119	90.38	8.21	$976
Dec 2007	0	120	88.33	7.30	$876
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	117	82.85	6.92	$810
Sep 2007	0	123	75.84	6.24	$768
Aug 2007	0	152	69.06	6.39	$971
Jul 2007	0	105	70.90	6.39	$671
Jun 2007	0	81	62.00	7.55	$611
May 2007	0	132	58.74	7.85	$1,036
Apr 2007	0	131	59.61	7.81	$1,022
Mar 2007	0	191	56.92	7.30	$1,395
Feb 2007	0	146	55.10	8.22	$1,200
Jan 2007	0	168	50.30	6.73	$1,130
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	42	54.20	7.62	$320
Oct 2006	0	8	54.90	6.01	$48
Sep 2006	0	22	60.08	5.04	$111
Aug 2006	0	19	68.71	7.34	$139
Jul 2006	0	33	69.37	6.34	$209
Jun 2006	0	145	66.28	6.38	$926
May 2006	0	137	66.01	6.42	$880
Apr 2006	0	145	64.39	7.36	$1,067
Mar 2006	0	192	56.70	7.08	$1,360
Feb 2006	0	189	57.59	7.75	$1,465
Jan 2006	0	207	60.59	8.93	$1,849
Dec 2005	0	233	54.94	13.42	$3,126
Nov 2005	0	205	54.69	10.59	$2,171
Oct 2005	0	191	58.34	13.80	$2,635
Sep 2005	0	151	61.45	12.08	$1,824
Aug 2005	0	221	61.51	9.80	$2,165
Jul 2005	0	123	55.69	7.84	$965
Jun 2005	0	83	52.33	7.38	$613
May 2005	0	211	45.22	6.65	$1,403
Apr 2005	0	212	49.20	7.36	$1,560
Mar 2005	0	216	50.37	7.15	$1,545
Feb 2005	0	279	45.22	6.31	$1,761
Jan 2005	0	374	43.16	6.32	$2,365
Dec 2004	0	279	39.86	6.75	$1,884
Nov 2004	0	283	45.28	6.33	$1,792
Oct 2004	0	366	49.70	6.52	$2,385
Sep 2004	0	345	43.24	5.28	$1,823
Aug 2004	0	345	42.37	5.55	$1,915
Jul 2004	0	349	38.28	6.08	$2,123
Jun 2004	0	335	36.10	6.43	$2,155
May 2004	0	368	37.48	6.49	$2,390
Apr 2004	0	351	34.47	5.86	$2,056
Mar 2004	0	407	34.36	5.53	$2,251
Feb 2004	0	314	32.45	5.51	$1,730
Jan 2004	0	369	32.03	6.30	$2,325
Dec 2003	0	358	30.26	6.30	$2,256
Nov 2003	0	429	28.80	4.60	$1,971
Oct 2003	0	400	28.17	4.76	$1,904
Sep 2003	0	396	26.31	4.75	$1,881
Aug 2003	0	441	29.76	5.13	$2,262
Jul 2003	0	314	29.41	5.17	$1,624
Jun 2003	0	407	28.56	5.98	$2,435
May 2003	0	348	26.59	5.97	$2,078
Apr 2003	0	428	26.67	5.41	$2,314
Mar 2003	0	429	31.14	6.10	$2,615
Feb 2003	0	428	33.48	7.93	$3,392
Jan 2003	0	329	30.31	5.58	$1,836
Dec 2002	0	330	26.91	4.85	$1,602
Nov 2002	0	371	24.66	4.14	$1,535
Oct 2002	0	394	26.46	4.23	$1,666
Sep 2002	0	427	27.44	3.64	$1,552
Aug 2002	0	424	25.96	3.16	$1,342
Jul 2002	0	330	24.58	3.06	$1,010
Jun 2002	0	402	23.73	3.34	$1,342
May 2002	0	462	24.66	3.58	$1,656
Apr 2002	0	490	23.65	3.51	$1,721
Mar 2002	0	477	22.00	3.10	$1,480
Feb 2002	0	426	18.22	2.38	$1,012
Jan 2002	0	456	17.17	2.38	$1,083
Dec 2001	0	414	16.93	2.36	$979
Nov 2001	0	299	18.07	2.41	$719
Oct 2001	0	483	19.78	2.53	$1,221
Sep 2001	0	432	24.26	2.25	$973
Aug 2001	0	554	24.87	3.05	$1,691
Jul 2001	0	434	23.93	3.20	$1,388
Jun 2001	0	474	24.56	3.82	$1,813
May 2001	0	423	25.52	4.31	$1,822
Apr 2001	0	296	24.68	5.34	$1,579
Mar 2001	0	494	24.54	5.38	$2,656
Feb 2001	0	460	27.75	5.77	$2,653
Jan 2001	0	426	27.47	8.40	$3,578
Dec 2000	0	380	26.88	9.12	$3,467
Nov 2000	0	463	32.21	5.66	$2,620
Oct 2000	0	465	31.23	5.15	$2,393
Sep 2000	0	535	31.87	5.19	$2,775
Aug 2000	0	456	29.64	4.54	$2,071
Jul 2000	0	458	28.53	4.09	$1,873
Jun 2000	0	439	29.30	4.40	$1,930
May 2000	0	491	27.26	3.68	$1,807
Apr 2000	0	514	24.51	3.12	$1,602
Mar 2000	0	506	28.42	2.86	$1,447
Feb 2000	0	453	27.62	2.73	$1,235
Jan 2000	0	524	25.27	2.48	$1,300
Dec 1999	0	587	24.28	2.42	$1,423
Nov 1999	0	589	23.19	2.43	$1,434
Oct 1999	0	578	20.98	2.80	$1,621
Sep 1999	0	647	21.75	2.62	$1,694
Aug 1999	0	605	19.26	2.88	$1,740
Jul 1999	0	547	17.89	2.37	$1,298
Jun 1999	0	523	15.94	2.36	$1,235
May 1999	0	536	15.79	2.32	$1,244
Apr 1999	0	544	15.10	2.21	$1,201
Mar 1999	0	584	12.47	1.84	$1,074
Feb 1999	0	536	9.98	1.82	$974
Jan 1999	0	601	10.38	1.90	$1,142
Dec 1998	0	580	9.20	1.77	$1,029
Nov 1998	0	600	10.89	2.19	$1,311
Oct 1998	0	687	12.42	1.97	$1,353
Sep 1998	0	578	12.59	2.08	$1,204
Aug 1998	0	622	11.30	1.91	$1,186
Jul 1998	0	659	11.74	2.24	$1,474
Jun 1998	0	639	11.24	2.24	$1,430
May 1998	0	697	12.62	2.21	$1,538
Apr 1998	0	643	13.04	2.51	$1,611
Mar 1998	0	651	12.80	2.31	$1,503
Feb 1998	0	588	13.95	2.30	$1,352
Jan 1998	0	497	14.70	2.15	$1,071
Dec 1997	0	655	16.32	2.41	$1,579
Nov 1997	0	611	18.19	3.09	$1,887
Oct 1997	0	697	19.25	3.15	$2,195
Sep 1997	0	628	17.74	2.95	$1,856
Aug 1997	0	711	17.86	2.55	$1,816
Jul 1997	0	700	17.58	2.25	$1,573
Jun 1997	0	751	17.24	2.26	$1,695
May 1997	0	779	18.97	2.31	$1,798
Apr 1997	0	620	17.88	2.08	$1,291
Mar 1997	0	624	18.95	1.94	$1,210
Feb 1997	0	417	20.49	2.21	$920
Jan 1997	0	524	23.48	3.54	$1,855
Dec 1996	0	667	23.32	—	$0
Nov 1996	0	760	21.97	—	$0
Oct 1996	0	680	23.31	—	$0
Sep 1996	0	715	22.22	—	$0
Aug 1996	0	926	20.26	—	$0
Jul 1996	0	723	19.55	—	$0
Jun 1996	0	874	18.73	—	$0
May 1996	0	947	19.43	—	$0
Apr 1996	0	901	21.51	—	$0
Mar 1996	0	903	19.38	—	$0
Feb 1996	0	737	16.98	—	$0
Jan 1996	0	869	17.07	—	$0
Dec 1995	0	970	17.19	—	$0
Nov 1995	0	779	16.00	—	$0
Oct 1995	0	865	15.43	—	$0
Sep 1995	0	658	16.18	—	$0
Aug 1995	0	863	15.92	—	$0
Jul 1995	0	987	15.24	—	$0
Jun 1995	0	611	16.41	—	$0
May 1995	0	527	17.56	—	$0
Apr 1995	0	624	17.73	—	$0
Mar 1995	0	866	16.44	—	$0
Feb 1995	0	911	16.58	—	$0
Jan 1995	0	1,088	15.92	—	$0
Dec 1994	0	883	15.03	—	$0
Nov 1994	0	928	15.90	—	$0
Oct 1994	0	1,146	15.58	—	$0
Sep 1994	0	1,212	15.29	—	$0
Aug 1994	0	1,247	16.13	—	$0
Jul 1994	0	1,216	17.56	—	$0
Jun 1994	0	1,278	17.09	—	$0
May 1994	0	1,050	15.88	—	$0
Apr 1994	0	1,053	14.14	—	$0
Mar 1994	0	1,250	12.46	—	$0
Feb 1994	0	1,138	12.50	—	$0
Jan 1994	0	1,383	12.66	—	$0
Dec 1993	0	1,442	12.33	—	$0
Nov 1993	0	1,358	14.49	—	$0
Oct 1993	0	1,575	15.85	—	$0
Sep 1993	0	1,567	15.03	—	$0
Aug 1993	0	1,718	15.66	—	$0
Jul 1993	0	1,859	15.46	—	$0
Jun 1993	0	1,747	16.79	—	$0
May 1993	0	2,012	17.68	—	$0
Apr 1993	0	2,002	18.05	—	$0
Mar 1993	0	2,072	18.14	—	$0
Feb 1993	0	2,141	17.90	—	$0
Jan 1993	0	2,515	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.

Jun 2013 — as filed, then multipliedworked

Condensate             0 bbl  × $ 94.40 =         $0
Gas                   32 Mcf  × $  3.93 =       $126

────────────────────────────────────────────────────
Month total                                     $126

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/138539 is the state's own key, not one this site invented.