LOTT-LLB "A"

Operated by PALMER OIL PROPERTIES (P-5 635475) in the ROXI (SPRABERRY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 67760District 8AField 78746375OilSaveExport
Value, all time
$586 k
Jul 1997 – Sep 2004
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
87
no gaps in the span
Streams
1
oil

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 2 leases and 3 wells, and the rule below applies to all of them.

Discovered
1996-11-01
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition29,999 bbl$586,295
Total$586,295

Wells on this lease (2)

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 33.0015, -101.5138. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

33.00337, -101.51600 · centre of 1 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
5,864 ft
2 wells filed one
Completion to plug
7.3 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 5,853 and 5,875 ft, median 5,864 ft, over the 2 wells that filed a depth.

Completions filed
Apr 1997 – May 1997
2 of 2 wells
Plug dates filed
Jul 2004 – Aug 2004
2 of 2 wells

Last completion to plug: a median of 7.3 years across the 2 wells that filed both dates, with the middle half between 7.3 years and 7.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-1693343735,853 ftMay 1997Aug 2004Yes
42-1693342325,875 ftApr 1997Jul 2004Yes

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 (87)

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

87 months

Sep 2004043.245.28$0
Aug 2004042.375.55$0
Jul 2004038.286.08$0
Jun 2004036.106.43$0
May 20049137.486.49$3,411
Apr 2004034.475.86$0
Mar 2004034.365.53$0
Feb 2004032.455.51$0
Jan 2004032.036.30$0
Dec 200312630.266.30$3,813
Nov 200312728.804.60$3,658
Oct 2003028.174.76$0
Sep 200325126.314.75$6,604
Aug 200325329.765.13$7,529
Jul 2003029.415.17$0
Jun 200312528.565.98$3,570
May 200312426.595.97$3,297
Apr 200325326.675.41$6,748
Mar 200325231.146.10$7,847
Feb 200312433.487.93$4,152
Jan 200325330.315.58$7,668
Dec 200212626.914.85$3,391
Nov 200237424.664.14$9,223
Oct 200212626.464.23$3,334
Sep 200225227.443.64$6,915
Aug 200237425.963.16$9,709
Jul 200222924.583.06$5,629
Jun 200225123.733.34$5,956
May 200237624.663.58$9,272
Apr 200237723.653.51$8,916
Mar 200225122.003.10$5,522
Feb 200225118.222.38$4,573
Jan 200225317.172.38$4,344
Dec 200137716.932.36$6,383
Nov 200112718.072.41$2,295
Oct 200125319.782.53$5,004
Sep 200124624.262.25$5,968
Aug 200124424.873.05$6,068
Jul 200124923.933.20$5,959
Jun 200112524.563.82$3,070
May 200125325.524.31$6,457
Apr 200112524.685.34$3,085
Mar 200138524.545.38$9,448
Feb 200112027.755.77$3,330
Jan 200137327.478.40$10,246
Dec 200012726.889.12$3,414
Nov 200024432.215.66$7,859
Oct 200024831.235.15$7,745
Sep 200037631.875.19$11,983
Aug 200037329.644.54$11,056
Jul 200038028.534.09$10,841
Jun 200024729.304.40$7,237
May 200036827.263.68$10,032
Apr 200061524.513.12$15,074
Mar 200012728.422.86$3,609
Feb 200037927.622.73$10,468
Jan 200050625.272.48$12,787
Dec 199924424.282.42$5,924
Nov 199925523.192.43$5,913
Oct 199950320.982.80$10,553
Sep 199937921.752.62$8,243
Aug 199937719.262.88$7,261
Jul 199949617.892.37$8,873
Jun 199950115.942.36$7,986
May 199937215.792.32$5,874
Apr 199950915.102.21$7,686
Mar 199950812.471.84$6,335
Feb 19994849.981.82$4,830
Jan 199950310.381.90$5,221
Dec 19983699.201.77$3,395
Nov 199862410.892.19$6,795
Oct 199838412.421.97$4,769
Sep 199863312.592.08$7,969
Aug 199864111.301.91$7,243
Jul 199863811.742.24$7,490
Jun 199850411.242.24$5,665
May 199875812.622.21$9,566
Apr 199863613.042.51$8,293
Mar 199875112.802.31$9,613
Feb 199876413.952.30$10,658
Jan 19981,00714.702.15$14,803
Dec 199751016.322.41$8,323
Nov 19971,02318.193.09$18,608
Oct 199776319.253.15$14,688
Sep 19971,01417.742.95$17,988
Aug 199784317.862.55$15,056
Jul 199792017.582.25$16,174

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 2004 — as filed, then multipliedworked
Oil                   91 bbl  × $ 37.48 =     $3,411

────────────────────────────────────────────────────
Month total                                   $3,411

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. 8A/O/67760 is the state's own key, not one this site invented.