PEIKERT -AD-

Operated by IAO ENERGY, LLC (P-5 421754) in the SALT FLAT, WEST field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12253District 01Field 79912100Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$56 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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 141 leases and 399 wells, and the rule below applies to all of them.

Discovered
1981-03-01
as the register files it
Field class
Oil
the register's own label
Between wells
300 ft
minimum
From a lease line
150 ft
minimum

A drilling unit in this field needs at least 2.06 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: 2.06 OP ACRES - 500' DIAG

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
OilDisposition1,422 bbl$41,451
Casinghead gasProduction7,137 Mcf$15,023
Total$56,475

4,725 Mcf of this lease's gas, across 44 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 (4)

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 29.6977, -97.6605. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

29.69737, -97.66029 · 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
100.0%
4 of 4 wells
With a plug date
100.0%
4 of 4 wells
Median depth
2,670 ft
4 wells filed one
Completion to plug
33.6 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
4100.0%
A plug date is filed
4100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
4100.0%
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 2,660 and 2,700 ft, median 2,670 ft, over the 4 wells that filed a depth.

Completions filed
May 1989
4 of 4 wells
Plug dates filed
Dec 2022
4 of 4 wells

Last completion to plug: a median of 33.6 years across the 4 wells that filed both dates, with the middle half between 33.6 years and 33.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-055332743 D2,700 ftMay 1989Dec 2022Yes
42-055332761 D2,670 ftMay 1989Dec 2022Yes
42-055332773 A2,670 ftMay 1989Dec 2022Yes
42-055332791 A2,660 ftMay 1989Dec 2022Yes

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
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 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
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 20180061.222.79$0
Feb 20180061.782.77$0
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 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140998.164.74$43
May 201401294.734.73$57
Apr 201401295.944.81$58
Mar 20140995.895.06$46
Feb 201401397.406.19$81
Jan 20140590.404.86$24
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20135097.423.78$487
Sep 201370104.113.72$729
Aug 201300104.253.52$0
Jul 201303102.523.72$11
Jun 20135494.403.93$488
May 20130294.834.15$8
Apr 20130893.964.28$34
Mar 201320893.623.91$1,904
Feb 20130691.233.42$21
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 201214089.383.40$1,251
Sep 20120194.672.92$3
Aug 20120192.662.91$3
Jul 20120085.133.02$0
Jun 201213879.822.52$1,058
May 20120691.612.49$15
Apr 201291101.652.00$917
Mar 201291105.052.22$948
Feb 201200101.102.57$0
Jan 20120198.092.73$3
Dec 20119196.873.24$875
Nov 20110195.723.31$3
Oct 20115184.983.65$429
Sep 20118183.623.99$673
Aug 20119483.404.15$767
Jul 20116494.144.52$583
Jun 20116592.904.64$581
May 20110698.134.40$26
Apr 2011207105.964.33$2,150
Mar 20110696.364.06$24
Feb 20110585.644.18$21
Jan 20110686.504.59$28
Dec 201061085.734.35$558
Nov 201001180.843.80$42
Oct 201061378.103.51$514
Sep 201001272.633.98$48
Aug 201001673.684.42$71
Jul 201001472.554.74$66
Jun 201001470.364.91$69
May 201001271.124.24$51
Apr 20106481.694.12$507
Mar 201001378.394.39$57
Feb 201001273.585.44$65
Jan 201001274.365.96$72
Dec 200901271.445.48$66
Nov 200901274.593.75$45
Oct 200901272.544.11$49
Sep 20090965.543.06$28
Aug 20090067.423.22$0
Jul 20090661.133.46$21
Jun 20090766.163.90$27
May 20090754.743.93$27
Apr 20096746.773.59$306
Mar 20090742.144.06$28
Feb 20090732.814.63$32
Jan 20090835.865.37$43
Dec 20080837.105.98$48
Nov 20080855.496.86$55
Oct 20080875.246.92$55
Sep 200805101.767.88$39
Aug 200808114.228.48$68
Jul 200808131.0811.39$91
Jun 200801131.3313.03$13
May 200804123.1711.57$46
Apr 200868110.3110.45$746
Mar 200808101.909.66$77
Feb 20080792.538.77$61
Jan 20080790.388.21$57
Dec 20070788.337.30$51
Nov 20076791.677.29$601
Oct 20076882.856.92$552
Sep 20070775.846.24$44
Aug 20070469.066.39$26
Jul 20070470.906.39$26
Jun 20070462.007.55$30
May 20070558.747.85$39
Apr 200701659.617.81$125
Mar 2007111656.927.30$743
Feb 200702755.108.22$222
Jan 200702850.306.73$188
Dec 2006113856.656.92$886
Nov 200601954.207.62$145
Oct 200612254.906.01$187
Sep 200602060.085.04$101
Aug 200602168.717.34$154
Jul 200602069.376.34$127
Jun 200601866.286.38$115
May 200602066.016.42$129
Apr 2006122164.397.36$927
Mar 200691756.707.08$631
Feb 200601657.597.75$124
Jan 200601960.598.93$170
Dec 200502554.9413.42$335
Nov 200501954.6910.59$201
Oct 2005102058.3413.80$859
Sep 200501861.4512.08$217
Aug 200502361.519.80$225
Jul 200502255.697.84$173
Jun 200502152.337.38$155
May 200501645.226.65$106
Apr 200501149.207.36$81
Mar 200501750.377.15$122
Feb 200501245.226.31$76
Jan 200501243.166.32$76
Dec 20040039.866.75$0
Nov 2004012045.286.33$760
Oct 2004012049.706.52$782
Sep 2004612043.245.28$894
Aug 200403042.375.55$167
Jul 2004012038.286.08$730
Jun 2004012036.106.43$772
May 2004412037.486.49$929
Apr 2004012034.475.86$703
Mar 200403034.365.53$166
Feb 2004612032.455.51$856
Jan 2004012032.036.30$756
Dec 2003312030.266.30$847
Nov 20031028.804.60$29
Oct 20032028.174.76$56
Sep 20032026.314.75$53
Aug 20030029.765.13$0
Jul 20033029.415.17$88
Jun 20030028.565.98$0
May 20036026.595.97$160
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20031030.315.58$30
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20023026.464.23$79
Sep 20020027.443.64$0
Aug 20021025.963.16$26
Jul 20022024.583.06$49
Jun 20022023.733.34$47
May 20023024.663.58$74
Apr 20021023.653.51$24
Mar 20020022.003.10$0
Feb 200211018.222.38$200
Jan 20026017.172.38$103
Dec 20015016.932.36$85
Nov 20015018.072.41$90
Oct 20016019.782.53$119
Sep 200124024.262.25$582
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 2000103025.272.48$2,603
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 199950019.262.88$963
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970116.322.41$2
Nov 19970518.193.09$15
Oct 19970919.253.15$28
Sep 19970717.742.95$21
Aug 19970217.862.55$5
Jul 19970217.582.25$4
Jun 19970217.242.26$5
May 19970318.972.31$7
Apr 19970117.882.08$2
Mar 199701118.951.94$21
Feb 199703020.492.21$66
Jan 19970523.483.54$18
Dec 19960023.32$0
Nov 1996422921.97$923
Oct 199604723.31$0
Sep 199604622.22$0
Aug 199604220.26$0
Jul 199603219.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 199608119.38$0
Feb 1996012116.98$0
Jan 1996020017.07$0
Dec 1995016317.19$0
Nov 199509016.00$0
Oct 1995023215.43$0
Sep 199507416.18$0
Aug 199507615.92$0
Jul 1995537715.24$808
Jun 199506316.41$0
May 199507317.56$0
Apr 19951026717.73$1,808
Mar 199507516.44$0
Feb 199503416.58$0
Jan 199505715.92$0
Dec 199401915.03$0
Nov 1994568015.90$890
Oct 1994746015.58$1,153
Sep 1994010015.29$0
Aug 19945615216.13$903
Jul 1994011417.56$0
Jun 19944111617.09$701
May 19945217215.88$826
Apr 1994018614.14$0
Mar 1994010512.46$0
Feb 19947810512.50$975
Jan 1994032912.66$0
Dec 19936213012.33$764
Nov 19930814.49$0
Oct 199308615.85$0
Sep 1993012815.03$0
Aug 19936412815.66$1,002
Jul 199309715.46$0
Jun 199315020816.79$2,519
May 1993015217.68$0
Apr 199301018.05$0
Mar 19939533418.14$1,723
Feb 1993010117.90$0
Jan 1993012616.93$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 2014 — as filed, then multipliedworked
Oil                    0 bbl  × $ 98.16 =         $0
Casinghead gas         9 Mcf  × $  4.74 =        $43

────────────────────────────────────────────────────
Month total                                      $43

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. 01/O/12253 is the state's own key, not one this site invented.