I. P. FARMS G UNIT

Name: I. P. FARMS G UNIT lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by XOG RESOURCES, LLC (P-5 945929) in the CHOCOLATE BAYOU (ANDRAU) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 138759District 03Field 17915052CondensateGasSave Export

Value, all time

$17.5 M

Jan 1993 – Feb 2013

Value, last 12 filed months

$14 k

at the published price for each month

Months reported

242

no gaps in the span

Streams

condensate, gas

The CHOCOLATE BAYOU (ANDRAU) field

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 32 leases and 32 wells, and the rule below applies to all of them.

Discovered

1940-05-09

as the register files it

Field class

Gas

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA SUSPENDED PER OPERATOR REQUEST, EFF 8-1-93.”

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.

Stream	Basis	Volume	Value
Condensate	Disposition	254,983 bbl	$5,506,094
Gas	Production	6,421,187 Mcf	$12,021,806
Total			$17,527,900

3,188,795 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.

Wells on this lease (1)

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 29.3071, -95.1934. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.30707, -95.19336 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

1 of 1 wells

With a plug date

0.0%

0 of 1 wells

Median depth

15,622 ft

1 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

00.0%

BothOn the schedule and plugged. Neither fact cancels the other.

00.0%

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

The one well that filed a depth was drilled to 15,622 ft.

Completions filed

Oct 2019

1 of 1 wells

1 well


42-03932404	1 U	15,622 ft	Oct 2019	—	Yes

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 (242)

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

242 months


Feb 2013	59	0	91.23	3.42	$5,383
Jan 2013	93	0	91.60	3.42	$8,519
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	8	94.67	2.92	$23
Aug 2012	0	6	92.66	2.91	$17
Jul 2012	0	6	85.13	3.02	$18
Jun 2012	0	46	79.82	2.52	$116
May 2012	0	20	91.61	2.49	$50
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	200	19	101.10	2.57	$20,269
Jan 2012	0	67	98.09	2.73	$183
Dec 2011	0	105	96.87	3.24	$340
Nov 2011	191	122	95.72	3.31	$18,687
Oct 2011	0	154	84.98	3.65	$562
Sep 2011	0	150	83.62	3.99	$598
Aug 2011	171	145	83.40	4.15	$14,863
Jul 2011	0	47	94.14	4.52	$212
Jun 2011	0	168	92.90	4.64	$780
May 2011	168	170	98.13	4.40	$17,235
Apr 2011	0	127	105.96	4.33	$550
Mar 2011	0	48	96.36	4.06	$195
Feb 2011	184	106	85.64	4.18	$16,201
Jan 2011	0	239	86.50	4.59	$1,097
Dec 2010	173	144	85.73	4.35	$15,457
Nov 2010	0	448	80.84	3.80	$1,700
Oct 2010	184	652	78.10	3.51	$16,658
Sep 2010	0	701	72.63	3.98	$2,790
Aug 2010	182	876	73.68	4.42	$17,281
Jul 2010	188	287	72.55	4.74	$14,999
Jun 2010	0	1,902	70.36	4.91	$9,340
May 2010	181	2,499	71.12	4.24	$23,457
Apr 2010	177	3,286	81.69	4.12	$28,006
Mar 2010	174	4,306	78.39	4.39	$32,537
Feb 2010	177	142	73.58	5.44	$13,796
Jan 2010	176	179	74.36	5.96	$14,155
Dec 2009	0	190	71.44	5.48	$1,042
Nov 2009	163	174	74.59	3.75	$12,811
Oct 2009	348	4,538	72.54	4.11	$43,896
Sep 2009	0	179	65.54	3.06	$549
Aug 2009	353	3,559	67.42	3.22	$35,254
Jul 2009	0	3,790	61.13	3.46	$13,130
Jun 2009	176	4,830	66.16	3.90	$30,457
May 2009	179	3,366	54.74	3.93	$23,013
Apr 2009	178	2,531	46.77	3.59	$17,405
Mar 2009	176	2,842	42.14	4.06	$18,952
Feb 2009	183	2,624	32.81	4.63	$18,161
Jan 2009	180	2,976	35.86	5.37	$22,439
Dec 2008	183	3,691	37.10	5.98	$28,851
Nov 2008	180	3,867	55.49	6.86	$36,517
Oct 2008	179	4,816	75.24	6.92	$46,804
Sep 2008	187	1,709	101.76	7.88	$32,491
Aug 2008	372	4,286	114.22	8.48	$78,848
Jul 2008	0	4,126	131.08	11.39	$46,993
Jun 2008	367	4,326	131.33	13.03	$104,577
May 2008	183	4,840	123.17	11.57	$78,560
Apr 2008	180	4,158	110.31	10.45	$63,327
Mar 2008	182	4,820	101.90	9.66	$65,127
Feb 2008	242	4,688	92.53	8.77	$63,509
Jan 2008	181	4,762	90.38	8.21	$55,434
Dec 2007	182	5,632	88.33	7.30	$57,201
Nov 2007	182	5,700	91.67	7.29	$58,247
Oct 2007	366	6,066	82.85	6.92	$72,312
Sep 2007	181	6,035	75.84	6.24	$51,411
Aug 2007	187	6,351	69.06	6.39	$53,484
Jul 2007	365	5,854	70.90	6.39	$63,274
Jun 2007	183	6,155	62.00	7.55	$57,807
May 2007	184	7,021	58.74	7.85	$65,897
Apr 2007	206	6,842	59.61	7.81	$65,683
Mar 2007	182	7,797	56.92	7.30	$67,293
Feb 2007	375	6,981	55.10	8.22	$78,018
Jan 2007	186	7,714	50.30	6.73	$61,247
Dec 2006	373	7,708	56.65	6.92	$74,458
Nov 2006	184	7,835	54.20	7.62	$69,656
Oct 2006	365	8,296	54.90	6.01	$69,929
Sep 2006	183	8,166	60.08	5.04	$52,128
Aug 2006	176	8,616	68.71	7.34	$75,334
Jul 2006	367	8,729	69.37	6.34	$80,825
Jun 2006	182	8,412	66.28	6.38	$65,764
May 2006	376	9,000	66.01	6.42	$82,645
Apr 2006	180	8,845	64.39	7.36	$76,694
Mar 2006	367	9,373	56.70	7.08	$87,197
Feb 2006	194	7,205	57.59	7.75	$67,019
Jan 2006	370	8,549	60.59	8.93	$98,789
Dec 2005	181	9,180	54.94	13.42	$133,098
Nov 2005	376	9,065	54.69	10.59	$116,547
Oct 2005	349	9,196	58.34	13.80	$147,226
Sep 2005	182	8,194	61.45	12.08	$110,159
Aug 2005	358	10,205	61.51	9.80	$121,997
Jul 2005	184	10,351	55.69	7.84	$91,436
Jun 2005	370	10,199	52.33	7.38	$94,641
May 2005	366	10,643	45.22	6.65	$87,339
Apr 2005	368	10,529	49.20	7.36	$95,604
Mar 2005	366	10,950	50.37	7.15	$96,781
Feb 2005	181	9,901	45.22	6.31	$70,679
Jan 2005	347	10,928	43.16	6.32	$84,066
Dec 2004	295	10,958	39.86	6.75	$85,737
Nov 2004	289	10,769	45.28	6.33	$81,258
Oct 2004	365	11,252	49.70	6.52	$91,448
Sep 2004	223	11,212	43.24	5.28	$68,886
Aug 2004	378	11,313	42.37	5.55	$78,810
Jul 2004	359	12,444	38.28	6.08	$89,454
Jun 2004	354	12,272	36.10	6.43	$91,725
May 2004	389	12,893	37.48	6.49	$98,314
Apr 2004	124	12,666	34.47	5.86	$78,478
Mar 2004	312	13,297	34.36	5.53	$84,255
Feb 2004	372	12,447	32.45	5.51	$80,650
Jan 2004	450	13,171	32.03	6.30	$97,386
Dec 2003	582	13,439	30.26	6.30	$102,299
Nov 2003	435	13,380	28.80	4.60	$74,011
Oct 2003	530	13,790	28.17	4.76	$80,566
Sep 2003	459	13,679	26.31	4.75	$77,043
Aug 2003	537	14,483	29.76	5.13	$90,275
Jul 2003	392	14,695	29.41	5.17	$87,514
Jun 2003	484	15,317	28.56	5.98	$105,464
May 2003	644	16,723	26.59	5.97	$117,005
Apr 2003	535	16,317	26.67	5.41	$102,499
Mar 2003	462	16,965	31.14	6.10	$117,806
Feb 2003	584	16,940	33.48	7.93	$153,817
Jan 2003	578	15,994	30.31	5.58	$106,798
Dec 2002	419	15,353	26.91	4.85	$85,795
Nov 2002	474	15,274	24.66	4.14	$74,877
Oct 2002	532	15,768	26.46	4.23	$80,761
Sep 2002	460	15,355	27.44	3.64	$68,441
Aug 2002	526	16,134	25.96	3.16	$64,706
Jul 2002	645	16,411	24.58	3.06	$66,101
Jun 2002	532	16,259	23.73	3.34	$66,901
May 2002	540	17,003	24.66	3.58	$74,255
Apr 2002	614	16,813	23.65	3.51	$73,574
Mar 2002	644	17,973	22.00	3.10	$69,933
Feb 2002	641	16,389	18.22	2.38	$50,614
Jan 2002	706	17,852	17.17	2.38	$54,533
Dec 2001	767	17,744	16.93	2.36	$54,939
Nov 2001	780	17,615	18.07	2.41	$56,468
Oct 2001	788	18,741	19.78	2.53	$62,980
Sep 2001	763	18,615	24.26	2.25	$60,419
Aug 2001	833	18,927	24.87	3.05	$78,504
Jul 2001	853	20,384	23.93	3.20	$85,582
Jun 2001	1,027	19,656	24.56	3.82	$100,391
May 2001	947	18,162	25.52	4.31	$102,397
Apr 2001	1,021	18,189	24.68	5.34	$122,242
Mar 2001	1,022	19,706	24.54	5.38	$131,028
Feb 2001	1,017	18,677	27.75	5.77	$135,934
Jan 2001	1,023	20,901	27.47	8.40	$203,644
Dec 2000	1,099	22,360	26.88	9.12	$233,520
Nov 2000	1,091	22,410	32.21	5.66	$161,937
Oct 2000	1,242	24,285	31.23	5.15	$163,746
Sep 2000	1,150	24,678	31.87	5.19	$164,643
Aug 2000	1,290	26,359	29.64	4.54	$157,925
Jul 2000	1,175	27,273	28.53	4.09	$145,063
Jun 2000	635	25,224	29.30	4.40	$129,522
May 2000	728	30,241	27.26	3.68	$131,125
Apr 2000	725	29,912	24.51	3.12	$110,976
Mar 2000	734	31,578	28.42	2.86	$111,165
Feb 2000	739	30,853	27.62	2.73	$104,532
Jan 2000	792	34,854	25.27	2.48	$106,469
Dec 1999	784	34,524	24.28	2.42	$102,712
Nov 1999	824	34,696	23.19	2.43	$103,558
Oct 1999	879	36,182	20.98	2.80	$119,885
Sep 1999	887	36,586	21.75	2.62	$115,106
Aug 1999	899	38,650	19.26	2.88	$128,457
Jul 1999	1,060	40,391	17.89	2.37	$114,786
Jun 1999	1,580	39,961	15.94	2.36	$119,577
May 1999	1,725	42,868	15.79	2.32	$126,735
Apr 1999	1,440	42,907	15.10	2.21	$116,485
Mar 1999	1,737	44,717	12.47	1.84	$103,865
Feb 1999	1,512	41,432	9.98	1.82	$90,404
Jan 1999	1,707	46,125	10.38	1.90	$105,354
Dec 1998	1,737	44,587	9.20	1.77	$95,047
Nov 1998	1,707	46,144	10.89	2.19	$119,447
Oct 1998	1,920	48,846	12.42	1.97	$120,034
Sep 1998	1,716	48,045	12.59	2.08	$121,664
Aug 1998	2,010	50,386	11.30	1.91	$118,817
Jul 1998	2,100	51,030	11.74	2.24	$138,822
Jun 1998	1,521	50,881	11.24	2.24	$130,931
May 1998	1,914	53,660	12.62	2.21	$142,547
Apr 1998	2,091	50,357	13.04	2.51	$153,428
Mar 1998	1,925	54,608	12.80	2.31	$150,754
Feb 1998	1,737	46,858	13.95	2.30	$131,964
Jan 1998	2,112	51,873	14.70	2.15	$142,822
Dec 1997	2,114	52,981	16.32	2.41	$162,243
Nov 1997	2,087	52,741	18.19	3.09	$200,840
Oct 1997	2,078	56,401	19.25	3.15	$217,655
Sep 1997	1,896	49,444	17.74	2.95	$179,736
Aug 1997	2,110	53,087	17.86	2.55	$173,308
Jul 1997	2,303	58,672	17.58	2.25	$172,319
Jun 1997	2,091	54,783	17.24	2.26	$159,705
May 1997	2,658	58,463	18.97	2.31	$185,384
Apr 1997	2,088	59,959	17.88	2.08	$162,215
Mar 1997	2,638	61,349	18.95	1.94	$168,954
Feb 1997	2,302	57,210	20.49	2.21	$173,368
Jan 1997	2,506	63,558	23.48	3.54	$283,817
Dec 1996	2,491	58,921	23.32	—	$58,090
Nov 1996	1,919	54,747	21.97	—	$42,160
Oct 1996	2,464	63,275	23.31	—	$57,436
Sep 1996	2,147	50,582	22.22	—	$47,706
Aug 1996	2,251	56,560	20.26	—	$45,605
Jul 1996	2,251	49,705	19.55	—	$44,007
Jun 1996	2,096	54,003	18.73	—	$39,258
May 1996	2,463	56,136	19.43	—	$47,856
Apr 1996	2,296	53,680	21.51	—	$49,387
Mar 1996	2,082	56,940	19.38	—	$40,349
Feb 1996	2,472	53,628	16.98	—	$41,975
Jan 1996	2,262	54,766	17.07	—	$38,612
Dec 1995	2,441	55,822	17.19	—	$41,961
Nov 1995	2,429	54,978	16.00	—	$38,864
Oct 1995	2,444	57,849	15.43	—	$37,711
Sep 1995	2,403	57,110	16.18	—	$38,881
Aug 1995	2,597	60,028	15.92	—	$41,344
Jul 1995	2,541	59,766	15.24	—	$38,725
Jun 1995	2,756	63,440	16.41	—	$45,226
May 1995	2,585	66,995	17.56	—	$45,393
Apr 1995	2,617	65,758	17.73	—	$46,399
Mar 1995	2,600	67,399	16.44	—	$42,744
Feb 1995	2,681	62,289	16.58	—	$44,451
Jan 1995	3,000	69,551	15.92	—	$47,760
Dec 1994	3,005	69,198	15.03	—	$45,165
Nov 1994	3,207	70,289	15.90	—	$50,991
Oct 1994	2,991	74,171	15.58	—	$46,600
Sep 1994	3,341	72,833	15.29	—	$51,084
Aug 1994	3,351	76,524	16.13	—	$54,052
Jul 1994	3,008	77,368	17.56	—	$52,820
Jun 1994	3,184	75,993	17.09	—	$54,415
May 1994	3,206	77,934	15.88	—	$50,911
Apr 1994	3,352	78,128	14.14	—	$47,397
Mar 1994	3,581	76,440	12.46	—	$44,619
Feb 1994	2,689	67,061	12.50	—	$33,613
Jan 1994	3,612	83,816	12.66	—	$45,728
Dec 1993	3,195	82,035	12.33	—	$39,394
Nov 1993	2,865	71,073	14.49	—	$41,514
Oct 1993	3,564	76,137	15.85	—	$56,489
Sep 1993	2,844	73,086	15.03	—	$42,745
Aug 1993	3,542	80,591	15.66	—	$55,468
Jul 1993	3,360	78,607	15.46	—	$51,946
Jun 1993	3,210	72,050	16.79	—	$53,896
May 1993	3,199	72,957	17.68	—	$56,558
Apr 1993	2,850	69,646	18.05	—	$51,443
Mar 1993	3,210	68,284	18.14	—	$58,229
Feb 1993	2,517	64,464	17.90	—	$45,054
Jan 1993	3,537	76,182	16.93	—	$59,881

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.

Feb 2013 — as filed, then multipliedworked

Condensate            59 bbl  × $ 91.23 =     $5,383
Gas                    0 Mcf  × $  3.42 =         $0

────────────────────────────────────────────────────
Month total                                   $5,383

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. 03/G/138759 is the state's own key, not one this site invented.