LIVELY-KNIGHT "74"

Operated by BOB HUGHES OIL COMPANY, LLC (P-5 78050) in the JAMESON (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11113District 7CField 45580666OilCasinghead gasSaveExport
Value, all time
$776 k
Jan 1993 – Sep 2021
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
345
no gaps in the span
Streams
2
oil, casinghead 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 209 leases and 781 wells, and the rule below applies to all of them.

Discovered
1952-01-11
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1959-10-01.

The Commission's schedule remark for this field reads: 640 ACRES

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
OilDisposition10,948 bbl$410,244
Casinghead gasProduction145,148 Mcf$365,960
Total$776,203

62,697 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.

Every month this lease reported (345)

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

345 months

Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 2021107070.783.98$7,573
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 202107350.412.81$205
Dec 202007044.642.68$187
Nov 202007238.772.71$195
Oct 202007536.972.48$186
Sep 202007537.091.99$149
Aug 202007939.982.39$188
Jul 202008838.371.83$161
Jun 2020011934.901.69$201
May 202005416.921.81$98
Apr 20200014.751.80$0
Mar 202006230.341.86$115
Feb 202006349.881.98$125
Jan 202007557.252.09$157
Dec 201907659.012.30$175
Nov 201907555.302.75$206
Oct 20190053.472.42$0
Sep 201909255.052.66$244
Aug 201903353.112.30$76
Jul 201909056.272.46$221
Jun 20190052.782.49$0
May 201901258.482.74$33
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 201906546.033.23$210
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 201807461.222.79$206
Feb 201805561.782.77$152
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 201702842.493.09$86
May 20170045.373.26$0
Apr 201704247.933.21$135
Mar 20170046.772.98$0
Feb 201705350.452.95$156
Jan 201705549.413.42$188
Dec 201606748.763.72$249
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 201603141.553.10$96
Aug 201606041.442.92$175
Jul 201605141.622.92$149
Jun 201605345.352.69$142
May 201607942.521.99$157
Apr 201606836.561.99$135
Mar 201609233.011.79$165
Feb 201607026.472.06$144
Jan 2016013227.352.36$312
Dec 2015012332.362.00$246
Nov 2015017638.792.17$381
Oct 2015015243.552.43$369
Sep 2015796842.992.76$3,584
Aug 201501040.162.87$29
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 201502455.212.96$71
Apr 2015020449.822.71$552
Mar 201506042.892.93$176
Feb 2015018544.662.98$551
Jan 2015017543.433.10$543
Dec 2014016654.693.59$596
Nov 2014019570.464.25$829
Oct 2014019378.303.90$753
Sep 2014020086.164.05$809
Aug 2014019389.394.04$779
Jul 201416620096.564.18$16,865
Jun 2014017698.164.74$834
May 2014020094.734.73$945
Apr 2014018995.944.81$909
Mar 2014017195.895.06$865
Feb 2014016097.406.19$991
Jan 2014019290.404.86$933
Dec 2013017991.824.35$779
Nov 2013019088.853.74$710
Oct 2013017997.423.78$677
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 2013175251102.523.72$18,874
Jun 2013022894.403.93$897
May 2013025194.834.15$1,041
Apr 2013026793.964.28$1,143
Mar 2013021293.623.91$830
Feb 2013019191.233.42$653
Jan 2013023091.603.42$787
Dec 201218121586.773.42$16,441
Nov 2012021886.953.62$790
Oct 2012023989.383.40$813
Sep 2012023494.672.92$683
Aug 2012025092.662.91$727
Jul 2012023785.133.02$716
Jun 201218925879.822.52$15,736
May 2012024691.612.49$612
Apr 20120136101.652.00$272
Mar 20120258105.052.22$573
Feb 20120244101.102.57$627
Jan 2012025998.092.73$708
Dec 2011026596.873.24$859
Nov 2011025695.723.31$848
Oct 201116928284.983.65$15,391
Sep 2011029083.623.99$1,156
Aug 2011030183.404.15$1,249
Jul 2011031994.144.52$1,441
Jun 2011028192.904.64$1,304
May 201117142198.134.40$18,635
Apr 20110276105.964.33$1,196
Mar 2011027096.364.06$1,095
Feb 2011024485.644.18$1,020
Jan 2011026686.504.59$1,221
Dec 2010028685.734.35$1,243
Nov 2010028080.843.80$1,063
Oct 201018330078.103.51$15,345
Sep 2010029672.633.98$1,178
Aug 2010030173.684.42$1,330
Jul 2010030372.554.74$1,435
Jun 2010029170.364.91$1,429
May 2010030871.124.24$1,304
Apr 2010029081.694.12$1,196
Mar 201017730578.394.39$15,214
Feb 2010026673.585.44$1,448
Jan 2010031074.365.96$1,849
Dec 2009034871.445.48$1,908
Nov 2009031274.593.75$1,170
Oct 200917034072.544.11$13,729
Sep 2009028765.543.06$880
Aug 2009028767.423.22$924
Jul 2009024761.133.46$856
Jun 2009026066.163.90$1,013
May 2009027154.743.93$1,064
Apr 2009026346.773.59$944
Mar 2009027542.144.06$1,116
Feb 2009023532.814.63$1,089
Jan 200917327435.865.37$7,675
Dec 2008025837.105.98$1,542
Nov 2008029255.496.86$2,003
Oct 2008022975.246.92$1,585
Sep 20080266101.767.88$2,095
Aug 20080294114.228.48$2,494
Jul 20080280131.0811.39$3,189
Jun 2008181280131.3313.03$27,420
May 20080276123.1711.57$3,195
Apr 20080298110.3110.45$3,116
Mar 20080305101.909.66$2,948
Feb 2008028592.538.77$2,500
Jan 200817030890.388.21$17,892
Dec 2007031888.337.30$2,322
Nov 2007030891.677.29$2,246
Oct 2007031182.856.92$2,153
Sep 2007031275.846.24$1,948
Aug 2007033269.066.39$2,121
Jul 200719634270.906.39$16,081
Jun 2007034662.007.55$2,612
May 2007034058.747.85$2,668
Apr 2007036059.617.81$2,810
Mar 2007036356.927.30$2,651
Feb 2007032755.108.22$2,687
Jan 2007022650.306.73$1,520
Dec 200617936456.656.92$12,659
Nov 2006032454.207.62$2,468
Oct 2006034554.906.01$2,075
Sep 2006033660.085.04$1,693
Aug 2006036568.717.34$2,679
Jul 200616832569.376.34$13,716
Jun 2006037566.286.38$2,394
May 2006028166.016.42$1,805
Apr 2006032664.397.36$2,400
Mar 2006035656.707.08$2,522
Feb 200620133357.597.75$14,157
Jan 2006038260.598.93$3,413
Dec 2005035554.9413.42$4,762
Nov 2005029254.6910.59$3,092
Oct 2005029858.3413.80$4,111
Sep 2005029461.4512.08$3,551
Aug 200519025461.519.80$14,175
Jul 2005031555.697.84$2,471
Jun 2005030452.337.38$2,244
May 2005033745.226.65$2,241
Apr 2005033349.207.36$2,451
Mar 2005036550.377.15$2,612
Feb 200518333145.226.31$10,365
Jan 2005035843.166.32$2,263
Dec 2004033439.866.75$2,255
Nov 2004035745.286.33$2,260
Oct 2004025149.706.52$1,635
Sep 2004041643.245.28$2,198
Aug 200417244542.375.55$9,758
Jul 2004044638.286.08$2,714
Jun 2004044136.106.43$2,837
May 2004045937.486.49$2,981
Apr 200417341834.475.86$8,412
Mar 2004042334.365.53$2,339
Feb 20040032.455.51$0
Jan 2004038032.036.30$2,394
Dec 2003043630.266.30$2,748
Nov 2003035528.804.60$1,631
Oct 200319242728.174.76$7,441
Sep 2003037626.314.75$1,786
Aug 2003038229.765.13$1,960
Jul 2003033529.415.17$1,732
Jun 2003026228.565.98$1,568
May 200318522726.595.97$6,275
Apr 2003037226.675.41$2,012
Mar 2003031331.146.10$1,908
Feb 2003029033.487.93$2,299
Jan 2003035930.315.58$2,004
Dec 2002034226.914.85$1,660
Nov 200218632824.664.14$5,944
Oct 2002035726.464.23$1,510
Sep 2002037427.443.64$1,360
Aug 2002031225.963.16$987
Jul 2002043524.583.06$1,332
Jun 2002039323.733.34$1,312
May 2002046024.663.58$1,649
Apr 200217440223.653.51$5,527
Mar 2002040822.003.10$1,266
Feb 2002036718.222.38$872
Jan 2002034617.172.38$822
Dec 2001083916.932.36$1,984
Nov 2001041318.072.41$993
Oct 2001039019.782.53$986
Sep 200119145124.262.25$5,649
Aug 2001045824.873.05$1,398
Jul 2001044723.933.20$1,429
Jun 2001047824.563.82$1,828
May 2001048525.524.31$2,089
Apr 200118338224.685.34$6,555
Mar 2001088324.545.38$4,747
Feb 2001062527.755.77$3,604
Jan 2001041427.478.40$3,477
Dec 2000042426.889.12$3,868
Nov 200017244632.215.66$8,064
Oct 2000044631.235.15$2,295
Sep 2000047231.875.19$2,448
Aug 2000050129.644.54$2,275
Jul 200017349428.534.09$6,956
Jun 2000046229.304.40$2,032
May 2000042127.263.68$1,549
Apr 2000044724.513.12$1,393
Mar 2000053128.422.86$1,519
Feb 200017548627.622.73$6,159
Jan 2000052325.272.48$1,297
Dec 1999053924.282.42$1,306
Nov 199917650923.192.43$5,320
Oct 1999054720.982.80$1,534
Sep 1999055021.752.62$1,440
Aug 199918255519.262.88$5,101
Jul 1999060917.892.37$1,445
Jun 1999056815.942.36$1,342
May 199918756815.792.32$4,271
Apr 1999055615.102.21$1,228
Mar 1999055812.471.84$1,026
Feb 199905619.981.82$1,020
Jan 199917861910.381.90$3,024
Dec 199806349.201.77$1,124
Nov 1998061910.892.19$1,353
Oct 199817764212.421.97$3,463
Sep 199819263112.592.08$3,731
Aug 1998074011.301.91$1,411
Jul 1998075311.742.24$1,685
Jun 1998067311.242.24$1,506
May 1998061012.622.21$1,346
Apr 1998058513.042.51$1,466
Mar 1998061312.802.31$1,416
Feb 1998050713.952.30$1,166
Jan 1998056314.702.15$1,213
Dec 1997060616.322.41$1,461
Nov 199719459918.193.09$5,379
Oct 1997062419.253.15$1,965
Sep 1997061317.742.95$1,811
Aug 199718163817.862.55$4,863
Jul 1997064517.582.25$1,449
Jun 1997060517.242.26$1,366
May 1997060918.972.31$1,406
Apr 1997047617.882.08$991
Mar 199719134918.951.94$4,296
Feb 1997051220.492.21$1,129
Jan 1997056823.483.54$2,011
Dec 199619663023.32$4,571
Nov 1996040721.97$0
Oct 1996065623.31$0
Sep 199619669622.22$4,355
Aug 1996072520.26$0
Jul 1996069419.55$0
Jun 1996065118.73$0
May 199618967619.43$3,672
Apr 1996068121.51$0
Mar 1996072919.38$0
Feb 199619763516.98$3,345
Jan 1996063517.07$0
Dec 1995041517.19$0
Nov 199518478416.00$2,944
Oct 1995084815.43$0
Sep 199502,08516.18$0
Aug 19951912,14815.92$3,041
Jul 199502,14015.24$0
Jun 199502,14016.41$0
May 19951702,57817.56$2,985
Apr 1995060017.73$0
Mar 19951982,74616.44$3,255
Feb 19953912,41616.58$6,483
Jan 199501,91715.92$0
Dec 1994015815.03$0
Nov 1994016115.90$0
Oct 1994084815.58$0
Sep 19941941,96115.29$2,966
Aug 199401,92416.13$0
Jul 199401,87617.56$0
Jun 199441,80917.09$68
May 19941802,32415.88$2,858
Apr 1994087214.14$0
Mar 1994080112.46$0
Feb 1994081612.50$0
Jan 199401,21412.66$0
Dec 19931862,47712.33$2,293
Nov 19931822,46314.49$2,637
Oct 199301,96115.85$0
Sep 19931391,06015.03$2,089
Aug 19931821,29815.66$2,850
Jul 19931811,32515.46$2,798
Jun 19931861,18316.79$3,123
May 199318674117.68$3,288
Apr 199302,08618.05$0
Mar 19931861,98218.14$3,374
Feb 199301,43417.90$0
Jan 19931881,29116.93$3,183

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.

Jul 2021 — as filed, then multipliedworked
Oil                  107 bbl  × $ 70.78 =     $7,573
Casinghead gas         0 Mcf  × $  3.98 =         $0

────────────────────────────────────────────────────
Month total                                   $7,573

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. 7C/O/11113 is the state's own key, not one this site invented.