LOTT TRUST

Operated by SHENANDOAH PETROLEUM CORPORATION (P-5 775563) in the LAZY -JL- (SPRABERRY, LO.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 68326District 8AField 52539666OilCasinghead gasSaveExport
Value, all time
$22.2 M
May 2001 – May 2026
Value, last 12 filed months
$475 k
at the published price for each month
Months reported
301
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 19 leases and 92 wells, and the rule below applies to all of them.

Discovered
1967-09-28
as the register files it
Field class
Oil
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2008-12-16.

The Commission's schedule remark for this field reads: PER DOCKET #8A-0256184 EFF. 12/16/08, ADOPTED SPACING & DENSITY.

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
OilDisposition333,598 bbl$21,823,988
Casinghead gasProduction78,817 Mcf$362,173
Total$22,186,160

Wells on this lease (9)

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 33.0067, -101.4459. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.8 miles.

33.01184, -101.44579 · 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
22.2%
2 of 9 wells
With a plug date
22.2%
2 of 9 wells
Median depth
6,200 ft
9 wells filed one
Completion to plug
14.9 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
222.2%
A plug date is filed
222.2%
BothOn the schedule and plugged. Neither fact cancels the other.
222.2%
NeitherNo plug date, and not on the schedule.
777.8%

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

Total depth in feet, 9 of 9 wells. Median 6,200 ft, with the middle half between 6,065 and 6,200 ft; the shallowest is 6,045 ft and the deepest 8,530 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 9 of 9 wells, May 2001 – Sep 2004. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
May 2001 – Sep 2004
9 of 9 wells
Plug dates filed
May 2011 – May 2022
2 of 9 wells; 7 filed none

Last completion to plug: a median of 14.9 years across the 2 wells that filed both dates, with the middle half between 12.5 years and 17.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

9 wells

42-169337262206,100 ftSep 2004
42-169336371176,050 ftDec 2003
42-169336761216,200 ftDec 2003
42-169336661206,200 ftDec 2003
42-169337055136,045 ftJun 2003
42-169337064136,065 ftJun 2003
42-169337013136,200 ftJun 2003
42-169336772216,200 ftJul 2002May 2022Yes
42-169305521138,530 ftMay 2001May 2011Yes

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 (301)

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

301 months

May 20265301106.413.05$56,400
Apr 2026540098.932.87$53,422
Mar 2026542889.753.15$48,670
Feb 2026733263.503.75$46,553
Jan 2026540159.138.00$31,938
Dec 2025363156.664.41$20,572
Nov 2025554758.593.93$32,486
Oct 2025546559.383.30$32,438
Sep 2025722162.743.08$45,301
Aug 2025362563.933.01$23,158
Jul 20257181766.743.32$47,976
Jun 2025544066.483.13$36,165
May 202552811560.553.23$32,342
Apr 20257256962.363.54$45,455
Mar 202554841767.704.27$38,879
Feb 202554623470.884.34$39,716
Jan 202573231174.324.28$55,733
Dec 202455031568.993.12$38,928
Nov 202455031869.052.20$38,677
Oct 2024545071.372.28$38,897
Sep 202454439669.612.36$38,804
Aug 202481254675.632.06$62,538
Jul 202452643779.932.15$42,981
Jun 202453417678.082.63$42,158
May 202488019478.812.20$69,779
Apr 202435721484.451.66$30,504
Mar 202490419080.301.55$72,885
Feb 202455517776.091.78$42,546
Jan 202472918273.023.30$53,832
Dec 202355619971.262.61$40,140
Nov 202352919477.892.81$41,748
Oct 202374421685.443.09$64,234
Sep 202353624089.042.74$48,382
Aug 202355227880.522.67$45,190
Jul 202355126174.852.64$41,932
Jun 202372934968.962.26$51,060
May 202372027970.622.23$51,468
Apr 202391318278.122.24$71,731
Mar 202354818972.852.39$40,374
Feb 20237552875.112.47$56,777
Jan 202373915876.533.39$57,091
Dec 202272317576.415.73$56,247
Nov 202254622385.005.65$47,669
Oct 202273823887.185.86$65,734
Sep 202254522984.888.16$48,129
Aug 202272531794.529.13$71,420
Jul 2022721266101.587.54$75,245
Jun 2022713239115.097.98$83,966
May 2022712252109.378.43$79,997
Apr 2022703255104.226.84$75,010
Mar 2022535166108.885.08$59,093
Feb 202273422491.054.86$67,919
Jan 202271925081.844.54$59,977
Dec 202188526971.323.90$64,167
Nov 202170628477.435.24$56,153
Oct 202174227379.795.71$60,764
Sep 202172125469.865.35$51,728
Aug 202186924166.024.22$58,389
Jul 202182816370.783.98$59,255
Jun 202154321769.493.38$38,467
May 202188921563.483.02$57,083
Apr 202171220660.362.76$43,545
Mar 202188721761.302.72$54,963
Feb 20215417857.805.55$31,703
Jan 202189712950.412.81$45,580
Dec 202073019344.642.68$33,104
Nov 202070920638.772.71$28,045
Oct 202071917536.972.48$27,015
Sep 202091122137.091.99$34,229
Aug 202070319539.982.39$28,571
Jul 202073720838.371.83$28,658
Jun 20206954134.901.69$24,325
May 20200916.921.81$16
Apr 202036315414.751.80$5,632
Mar 20201,06524030.341.86$32,758
Feb 202072717049.881.98$36,599
Jan 202072117357.252.09$41,640
Dec 201990214559.012.30$53,561
Nov 201985910455.302.75$47,789
Oct 20191,1048153.472.42$59,227
Sep 2019721055.052.66$39,691
Aug 2019895053.112.30$47,533
Jul 20199002156.272.46$50,695
Jun 201972541552.782.49$39,299
May 201990738958.482.74$54,107
Apr 201971039762.632.75$45,559
Mar 201954826956.803.06$31,950
Feb 201973330650.852.79$38,127
Jan 20191,08144946.033.23$51,208
Dec 20181,08725746.594.19$51,719
Nov 201873829652.934.24$40,317
Oct 20181,08840861.443.40$68,233
Sep 201873633059.543.11$44,847
Aug 201890627159.403.07$54,647
Jul 201890533065.142.93$59,919
Jun 201891327560.183.08$55,790
May 201892219165.382.90$60,834
Apr 20181,00715463.842.90$64,734
Mar 201891416961.222.79$56,426
Feb 201873617161.782.77$45,943
Jan 20181,12418862.874.01$71,420
Dec 201793020157.272.92$53,848
Nov 20171,22218855.423.12$68,309
Oct 20171,09912549.292.98$54,543
Sep 201773416747.523.09$35,395
Aug 20171,08817545.373.00$49,888
Jul 201789911843.873.09$39,803
Jun 20171,09215842.493.09$46,887
May 20171,07126545.373.26$49,456
Apr 201791626847.933.21$44,765
Mar 20171,25830146.772.98$59,735
Feb 20171,10420550.452.95$56,302
Jan 201793729449.413.42$47,302
Dec 201692729248.763.72$46,288
Nov 20161,11233242.492.64$48,127
Oct 20161,11141846.193.09$52,609
Sep 201692835941.553.10$39,672
Aug 2016921041.442.92$38,166
Jul 20161,09737141.622.92$46,742
Jun 20161,59335045.352.69$73,183
May 201691768742.521.99$40,359
Apr 20161,08669336.561.99$41,084
Mar 20161,13433333.011.79$38,031
Feb 20169101,42726.472.06$27,033
Jan 20161,12967327.352.36$32,469
Dec 201555850632.362.00$19,070
Nov 20157581,12538.792.17$31,841
Oct 201593952743.552.43$42,172
Sep 201574472442.992.76$33,982
Aug 20151,11392140.162.87$47,344
Jul 20151,1091,40948.152.95$57,548
Jun 20151,31583656.152.88$76,247
May 20151,14772555.212.96$65,469
Apr 20151,13645149.822.71$57,816
Mar 20151,12345342.892.93$49,495
Feb 20151,14938144.662.98$52,448
Jan 20151,14317043.433.10$50,168
Dec 201475529254.693.59$42,340
Nov 20141,29323970.464.25$92,121
Oct 20141,30825378.303.90$103,403
Sep 201475130086.164.05$65,920
Aug 20141,29128989.394.04$116,569
Jul 20141,12426496.564.18$109,637
Jun 20141,09917698.164.74$108,712
May 20141,29316694.734.73$123,271
Apr 20141,30720395.944.81$126,370
Mar 201490119295.895.06$87,368
Feb 20141,32316397.406.19$129,870
Jan 20141,11018590.404.86$101,243
Dec 20131,13112091.824.35$104,371
Nov 20131,15218788.853.74$103,054
Oct 20131,32922497.423.78$130,318
Sep 20131,126230104.113.72$118,083
Aug 20131,306289104.253.52$137,169
Jul 20131,112458102.523.72$115,705
Jun 20131,29751194.403.93$124,447
May 201391446694.834.15$88,608
Apr 20131,05339093.964.28$100,610
Mar 20131,12837393.623.91$107,063
Feb 20131,14227491.233.42$105,122
Jan 20131,34427691.603.42$124,054
Dec 201276627186.773.42$67,393
Nov 20121,14125686.953.62$100,138
Oct 20121,29634289.383.40$116,999
Sep 201294135594.672.92$90,121
Aug 20121,48844692.662.91$139,175
Jul 20121,47829985.133.02$126,725
Jun 201294640479.822.52$76,527
May 20121,49639291.612.49$138,024
Apr 2012932353101.652.00$95,443
Mar 20121,335348105.052.22$141,015
Feb 2012924311101.102.57$94,216
Jan 20121,50531898.092.73$148,495
Dec 20111,13125196.873.24$110,373
Nov 20111,33326895.723.31$128,482
Oct 20111,33028384.983.65$114,056
Sep 20111,13531383.623.99$96,156
Aug 20111,28623683.404.15$108,232
Jul 20111,30729694.144.52$124,378
Jun 20111,31032692.904.64$123,212
May 20111,32130098.134.40$130,951
Apr 20111,329247105.964.33$141,891
Mar 20111,33726196.364.06$129,892
Feb 20111,32819585.644.18$114,545
Jan 20111,34424086.504.59$117,357
Dec 20101,32321985.734.35$114,373
Nov 20101,69721380.843.80$137,994
Oct 20101,14325878.103.51$90,174
Sep 20101,65723072.633.98$121,263
Aug 20101,31222473.684.42$97,658
Jul 20101,50422072.554.74$110,157
Jun 20101,30520370.364.91$92,817
May 20101,69725771.124.24$121,779
Apr 20101,13523181.694.12$93,670
Mar 20101,69019178.394.39$133,317
Feb 20101,50916473.585.44$111,925
Jan 20101,13921674.365.96$85,984
Dec 20091,71022671.445.48$123,402
Nov 20091,54129474.593.75$116,046
Oct 20091,32530672.544.11$97,373
Sep 20091,69233465.543.06$111,917
Aug 20091,27729067.423.22$87,029
Jul 20091,67623061.133.46$103,251
Jun 20091,36231566.163.90$91,337
May 20091,32127454.743.93$73,387
Apr 20091,46433246.773.59$69,662
Mar 20092,03634742.144.06$87,206
Feb 20091,15733332.814.63$39,504
Jan 20091,71326235.865.37$62,835
Dec 20081,52524937.105.98$58,066
Nov 20081,52520455.496.86$86,022
Oct 20081,63219875.246.92$124,162
Sep 20081,852302101.767.88$190,838
Aug 20081,123115114.228.48$129,245
Jul 20082,014168131.0811.39$265,909
Jun 20081,289116131.3313.03$170,796
May 20081,683342123.1711.57$211,254
Apr 20081,450360110.3110.45$163,713
Mar 20081,483253101.909.66$153,563
Feb 20081,58225792.538.77$148,637
Jan 20081,82335590.388.21$167,676
Dec 20071,61143188.337.30$145,447
Nov 20071,40546691.677.29$132,194
Oct 20071,81248082.856.92$153,447
Sep 20071,76953675.846.24$137,508
Aug 20071,76661669.066.39$125,895
Jul 20072,00269570.906.39$146,381
Jun 20071,60060862.007.55$103,789
May 20072,02058758.747.85$123,261
Apr 20072,38656959.617.81$146,671
Mar 20071,40030556.927.30$81,915
Feb 20071,59136855.108.22$90,688
Jan 20072,35041650.306.73$121,003
Dec 20062,00838756.656.92$116,431
Nov 20061,78543354.207.62$100,045
Oct 20062,32853454.906.01$131,019
Sep 20061,93446460.085.04$118,532
Aug 20062,32658668.717.34$164,121
Jul 20062,27034569.376.34$159,658
Jun 20062,54452566.286.38$171,968
May 20062,73146866.016.42$183,280
Apr 20061,93824364.397.36$126,576
Mar 20062,28729256.707.08$131,741
Feb 20062,54729257.597.75$148,945
Jan 20062,33627860.598.93$144,022
Dec 20052,36633254.9413.42$134,442
Nov 20052,68353854.6910.59$152,430
Oct 20053,11567758.3413.80$191,069
Sep 20052,79063661.4512.08$179,128
Aug 20053,47465861.519.80$220,132
Jul 20053,40851655.697.84$193,839
Jun 20053,65059152.337.38$195,367
May 20053,67139945.226.65$168,656
Apr 20053,93856849.207.36$197,930
Mar 200595314750.377.15$49,054
Feb 200591014145.226.31$42,040
Jan 20051,46721243.166.32$64,656
Dec 20041,07711139.866.75$43,679
Nov 20041,54123945.286.33$71,289
Oct 20041,77934049.706.52$90,631
Sep 20042,11527843.245.28$92,922
Aug 20047784342.375.55$33,203
Jul 20048698838.286.08$33,801
Jun 20047316636.106.43$26,814
May 20047684337.486.49$29,064
Apr 2004789034.475.86$27,197
Mar 20049528634.365.53$33,186
Feb 200481310332.455.51$26,949
Jan 20041,0109032.036.30$32,917
Dec 20031,18011330.266.30$36,419
Nov 20039592928.804.60$27,752
Oct 20031,3123928.174.76$37,145
Sep 20031,6846926.314.75$44,634
Aug 20031,3139629.765.13$39,567
Jul 20032,57532729.415.17$77,422
Jun 20031,3997128.565.98$40,380
May 2003373826.595.97$9,966
Apr 20034213026.675.41$11,390
Mar 20034243631.146.10$13,423
Feb 20035113133.487.93$17,354
Jan 20035561230.315.58$16,919
Dec 20025614126.914.85$15,296
Nov 20025514724.664.14$13,782
Oct 20027597526.464.23$20,400
Sep 20021,01411527.443.64$28,242
Aug 20021,74123225.963.16$45,930
Jul 2002881624.583.06$2,212
Jun 2002118323.733.34$2,810
May 20022024.663.58$49
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 200210218.222.38$187
Jan 20021271717.172.38$2,221
Dec 2001951416.932.36$1,641
Nov 20011192018.072.41$2,198
Oct 20011663519.782.53$3,372
Sep 20011363024.262.25$3,367
Aug 20011624324.873.05$4,160
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$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.

May 2026 — as filed, then multipliedworked
Oil                  530 bbl  × $106.41 =    $56,397
Casinghead gas         1 Mcf  × $  3.05 =         $3

────────────────────────────────────────────────────
Month total                                  $56,400

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/68326 is the state's own key, not one this site invented.