UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 13F

FORM 13F COVER PAGE

Report for the Quarter Ended: September 30, 2012

Check here if Amendment [    ]; Amendment Number:
This Amendment (Check only one):
[   ] is a restatement.
[   ] adds new holdings entries.

Institutional Investment Manager Filing this Report:

Name:       Lucas Capital Management LLC
Address:    The Galleria, 2 Bridge Ave.
                  Red Bank NJ 07701

Form 13F File Number:  028-11284

The institutional investment manager filing this report and the
 person by whom it is signed hereby represent that the person
 signing the report is authorized to submit it, that all information
 contained therein is true, correct and complete, and that it is
 understood that all required items, statements, schedules, lists and
 tables, are considered integral parts of this submission.

Person Signing this Report on Behalf of Reporting Manager:

Name:       Julie Gouveia
Title:          Chief Compliance Officer
Telephone: 732-758-1004

Signature, Place and Date of Signing:

Julie Gouveia     Red Bank NJ 07701  November 12, 2012

Report Type (Check only one):
[ X ] 13F HOLDINGS REPORT
[     ] 13F Notice
[     ] 13F COMBINATION REPORT

List of Other Managers Reporting for this Manger:
None



Form 13F Summary Page

Report Summary:
Number of Other Included Managers:  -0-
Form 13F Information Table Entry Total:   124

Form 13F Information Table Value Total:  293,144






Lucas Capital Management LLC		9/30/2012

						 	 								
Name of Issuer		Title of	CUSIP No.	 Market Shares	Sh/	Investment Discretion			Voting Authority
			Class		 		Value  		Other	Sole	Shared	None	Sole	Shared	None
			 				*1000


ADVANCED MICRO DEVICES	Com		007903107	 51 	15000	Sh	15000			15000
ALLIANCE WRLD DLR GOVTIICom		01879R106	 254 	15980	Sh	15980			15980
ANADARKO PETROLEUM CORP	Com		032511107	 4,643 	66400	Sh	66400			66400
APACHE CORPORATION	Com		037411105	 2,157 	24950	Sh	24950			24950
APPLE COMPUTER INC	Com		037833100	 7,061 	10584	Sh	10584			10584
APPROACH RESOURCES INC	Com		03834A103	 4,054 	134600	Sh	134600			134600
ASA BERMUDA LTD.	Com		G3156P103	 278 	3489	Sh	3489			3489
AT&T INC COM		Com		00206R102	 3,853 	102193	Sh	102193			102193
B & G FOODS HLDGS CORP  Com		05508R106	 3,208 	105843	Sh	105843			105843
BANK OF AMERICA CORP	Com		060505104	 130 	14678	Sh	14678			14678
BARRICK GOLD CORP	Com		067901108	 306 	7316	Sh	7316			7316
BAYTEX ENERGY CORP	Com		07317Q105	 429 	9050	Sh	9050			9050
BERKSHIRE HATHAWAY CL B	Com		084670702	 437 	4950	Sh	4950			4950
BERRY PETROLEUM CO	Com		085789105	 5,111 	125800	Sh	125800			125800
BHP BILLITON LTD	Com		088606108	 364 	5305	Sh	5305			5305
BLACKROCK STRAT MUN TR	Com		09248T109	 190 	12000	Sh	12000			12000
BP PLC			Com		055622104	 1,560 	36830	Sh	36830			36830
BREITBURN ENERGY PRTNRS Unit LP		106776107	 256 	13150	Unit	13150			13150
BRISTOL MYERS SQUIBB CO	Com		110122108	 2,791 	82698	Sh	82698			82698
BROOKFIELD INFR PRTNRS 	Unit LP		G16252101	 1,212 	34085	Unit	34085			34085
CALLON PETROLEUM CO	Com		13123X102	 166 	27000	Sh	27000			27000
CALUMET SPEC PROD PRT	Unit LP		131476103	 1,451 	45350	Unit	45350			45350
CANADIAN NATURAL RES LTDCom		136385101	 6,414 	208325	Sh	208325			208325
CANADIAN PACIFIC RAILWAYCom		13645T100	 308 	3710	Sh	3710			3710
CATERPILLAR INC		Com		149123101	 2,165 	25160	Sh	25160			25160
CELGENE CORP		Com		151020104	 313 	4100	Sh	4100			4100
CENOVUS ENERGY INC 	Com		15135U109	 6,430 	184500	Sh	184500			184500
CHESAPEAKE GRANITE WASH	Tr Unit		165185109	 1,288 	63650	Unit	63650			63650
CHEVRON CORP		Com		166764100	 853 	7318	Sh	7318			7318
CHICAGO BRIDGE & IRON	Com		167250109	 552 	14500	Sh	14500			14500
CISCO SYS INC		Com		17275R102	 230 	12050	Sh	12050			12050
CLAYTON WILLIAMS ENERGY Com		969490101	 1,038 	20000	Sh	20000			20000
CONCHO RESOURCES INC	Com		20605P101	 948 	10000	Sh	10000			10000
CONS EDISON CO OF NY	Com		209115104	 353 	5895	Sh	5895			5895
DEERE & CO		Com		244199105	 241 	2926	Sh	2926			2926
DENBURY RESOURCES INC	Com		247916208	 1,875 	116000	Sh	116000			116000
DEVON ENERGY CORP	Com		25179M103	 4,686 	77450	Sh	77450			77450
DORCHESTER MINERALS LP	Unit LP		25820R105	 1,464 	66402	Unit	66402			66402
DUN & BRADSTREET CORP	Com		26483E100	 366 	4600	Sh	4600			4600
E I DU PONT DE NEMOURS 	Com		263534109	 3,383 	67291	Sh	67291			67291
EAGLE BANCORP INC	Com		268948106	 303 	18117	Sh	18117			18117
ENBRIDGE ENERGY PRTNRS	Unit LP		29250R106	 3,512 	119300	Unit	119300			119300
ENBRIDGE INC 		Com		29250N105	 368 	9426	Sh	9426			9426
ENDURO ROYALTY TRUST	Tr Unit		29269K100	 3,589 	194839	Unit	194839			194839
ENERGY TRANSFER EQUITY 	Unit LP		29273V100	 6,422 	142085	Unit	142085			142085
ENERGY XXI BERMUDA LTD	Com		G10082140	 304 	8700	Sh	8700			8700
EOG RESOURCES INC	Com		26875P101	 7,407 	66100	Sh	66100			66100
EXPRESS SCRIPTS HLDG CO	Com		30219G108	 315 	5035	Sh	5035			5035
EXXON MOBIL CORP	Com		30231G102	 11,432 125003	Sh	125003			125003
FREEPORT MCMORAN COPPER Com		35671D857	 600 	15155	Sh	15155			15155
GARTNER INC		Com		366651107	 346 	7500	Sh	7500			7500
GENERAL ELECTRIC CO	Com		369604103	 1,350 	59450	Sh	59450			59450
GENESIS ENERGY LP	Unit LP		371927104	 992 	29500	Unit	29500			29500
GLOBECOMM SYSTEMS INC	Com		37956X103	 331 	29700	Sh	29700			29700
GOLDCORP LTD.		Com		380956409	 705 	15379	Sh	15379			15379
HALCON RESOURCES CO	Com		40537Q209	 1,327 	181000	Sh	181000			181000
HOVNANIAN ENTERPRISES 	Com		442487203	 156 	45191	Sh	45191			45191
INTEL CORP		Com		458140100	 255 	11249	Sh	11249			11249
INTL BUSINESS MACHINES 	Com		459200101	 5,114 	24650	Sh	24650			24650
INVESCO VK TR INV GR NY Com		46131T101	 332 	20025	Sh	20025			20025
ISHARES SILVER TRUST	Tr Unit		46428Q109	 3,785 	113045	Unit	113045			113045
ISHARES TR GSACHS TECH	Com		464287549	 300 	4339	Sh	4339			4339
ISHARES US MED DEV	Com		464288810	 1,684 	24490	Sh	24490			24490
J P MORGAN & CO INC	Com		46625H100	 418 	10332	Sh	10332			10332
JOHNSON & JOHNSON	Com		478160104	 4,330 	62829	Sh	62829			62829
KODIAK OIL & GAS CORP	Com		50015Q100	 842 	90000	Sh	90000			90000
LEAPFROG ENTERPRISES 	Com		52186N106	 122 	13500	Sh	13500			13500
LEGACY RESERVES LP	Unit LP		524707304	 618 	21450	Unit	21450			21450
MAGELLAN MIDSTREAM PRT 	Unit LP		559080106	 6,138 	70184	Unit	70184			70184
MAGNUM HUNTER RESOURCES Com		55973B201	 965 	37500	Sh	37500			37500
MARKET VECT ETF TR GOLD Com		57060U100	 1,211 	22560	Sh	22560			22560
MCMORAN EXPLORATION CO	Com		582411104	 2,432 	206950	Sh	206950			206950
MERCK & CO INC		Com		58933Y105	 587 	13025	Sh	13025			13025
MFS MULTIMARKET INCOME 	Tr Unit		552737108	 179 	24448	Unit	24448			24448
MICROSOFT CORP		Com		594918104	 223 	7480	Sh	7480			7480
MIDSTATES PETROLEUM CO 	Com		59804T100	 260 	30000	Sh	30000			30000
NATL FUEL GAS CO OF NJ	Com		636180101	 5,696 	105400	Sh	105400			105400
NATL OILWELL VARCO INC	Com		637071101	 1,907 	23800	Sh	23800			23800
NOBLE ENERGY INC	Com		655044105	 8,993 	97000	Sh	97000			97000
NORFOLK SOUTHERN CORP	Com		655844108	 207 	3250	Sh	3250			3250
NORTH EUROPEAN OIL ROY 	Tr Unit		659310106	 3,567 	125211	Unit	125211			125211
NORTHERN OIL & GAS INC	Com		665531109	 2,851 	167800	Sh	167800			167800
OCCIDENTAL PETROLEUM CO	Com		674599105	 14,523 168758	Sh	168758			168758
ONEOK PARTNERS LP	Unit LP		68268N103	 714 	12000	Unit	12000			12000
ORACLE CORP		Com		68389X105	 1,838 	58414	Sh	58414			58414
PACIFIC COAST OIL TR 	Tr Unit		694103102	 7,297 	402050	Unit	402050			402050
PANHANDLE OIL & GAS INC	Com		698477106	 461 	15016	Sh	15016			15016
PDC ENERGY INC		Com		69327R101	 633 	20000	Sh	20000			20000
PEMBINA PIPELINE CORP	Com		706327103	 1,426 	50742	Sh	50742			50742
PFIZER INC		Com		717081103	 290 	11653	Sh	11653			11653
PHILIP MORRIS INTL 	Com		718172109	 417 	4632	Sh	4632			4632
PIMCO CORPORATE OPP	Com		72201B101	 356 	17700	Sh	17700			17700
PIONEER NATURAL RES CO	Com		723787107	 5,272 	50500	Sh	50500			50500
PIONEER SWEST ENRGY PRT Unit LP		72388B106	 9,705 	377177	Unit	377177			377177
PLAINS ALL AMERN PIPE	Unit LP		726503105	 4,907 	55635	Unit	55635			55635
PLAINS EXPLORATION & PR Com		726505100	 7,872 	210100	Sh	210100			210100
PNC FINANCIAL		Com		693475105	 233 	3700	Sh	3700			3700
POTASH CORP OF SASKATCH	Com		73755L107	 499 	11500	Sh	11500			11500
POWERSHARES QQQ TR 	Com		73935A104	 609 	8877	Sh	8877			8877
PROCTER & GAMBLE CO	Com		742718109	 803 	11577	Sh	11577			11577
QUALCOMM INC		Com		747525103	 2,439 	39037	Sh	39037			39037
RANGE RESOURCES CORP	Com		75281A109	 735 	10525	Sh	10525			10525
RESOLUTE ENERGY CORP	Com		76116A108	 3,752 	423000	Sh	423000			423000
ROYAL DUTCH SHELL PLC B	Com		780259107	 6,274 	88000	Sh	88000			88000
SABINE ROYALTY TRUST	Tr Unit		785688102	 5,752 	111369	Unit	111369			111369
SANCHEZ ENERGY CORP	Com		79970Y105	 817 	40000	Sh	40000			40000
SANDRIDGE ENERGY INC 	Com		80007P307	 269 	38550	Sh	38550			38550
SANDRIDGE PERMIAN TRUST	Tr Unit		80007A102	 6,035 	302940	Unit	302940			302940
SASOL LTD SPONSORED ADR	Com		803866300	 251 	5630	Sh	5630			5630
SIMS METAL MANAGEMENT	Com		829160100	 687 	69417	Sh	69417			69417
SPDR GOLD TR 		Com		78463V107	 5,163 	30036	Sh	30036			30036
STAR SCIENTIFIC INC	Com		85517P101 	 113 	32700	Sh	32700			32700
SUNCOR ENERGY INC	Com		867224107	 12,836 390750	Sh	390750			390750
SWIFT ENERGY CORP	Com		870738101	 2,631 	126000	Sh	126000			126000
TRANSOCEAN LTD		Com		H8817H100	 1,715 	38200	Sh	38200			38200
UNILEVER PLC ADR	Com		904767704	 705 	19310	Sh	19310			19310
VANGUARD INDEX SM CAP	Com		922908751	 455 	5675	Sh	5675			5675
VERIZON COMMUNICATIONS	Com		92343V104	 519 	11387	Sh	11387			11387
VOC ENERGY TRUST	Tr Unit		91829B103	 2,385 	127816	Unit	127816			127816
WESTERN GAS PARTNERS LP	Unit LP		958254104	 2,140 	42450	Unit	42450			42450
WESTPORT INNOVATIONS 	Com		960908309	 1,167 	41920	Sh	41920			41920
WHITING PETROLEUM CORP	Com		966387102	 9,947 	209950	Sh	209950			209950
WILLIAMS CO INC		Com		969457100	 879 	25150	Sh	25150			25150
WISDOM TREE EMERG MKTS 	Com		97717W315	 2,279 	42470	Sh	42470			42470

			 				293,144