FLAGTAIL

Operated by IRON RIDGE OPERATING, LLC (P-5 102406) in the GIDDINGS (AUSTIN CHALK, GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 167708District 03Field 347735502 tax incentive programmesCondensateGasSaveExport
Value, all time
$187 k
Jul 1997 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
347
no gaps in the span
Streams
2
condensate, 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 1,061 leases and 1,061 wells, and the rule below applies to all of them.

Discovered
1978-08-01
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-10-16.

The Commission's schedule remark for this field reads: AMENDED DRILLING PERMITS, NOTICE, OR HEARING.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas111998-05-14137795
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition660 bbl$18,828
GasProduction56,012 Mcf$168,015
Total$186,843

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 30.5747, -95.9010. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.57469, -95.90105 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
15,502 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
00.0%
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.
1100.0%

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 15,502 ft.

Completions filed
Jul 1997
1 of 1 wells

1 well

42-185306211H15,502 ftJul 1997

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 (347)

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

347 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 201702942.493.09$90
May 201703845.373.26$124
Apr 201705247.933.21$167
Mar 20170046.772.98$0
Feb 201703750.452.95$109
Jan 201704149.413.42$140
Dec 201603048.763.72$112
Nov 201603142.492.64$82
Oct 201603646.193.09$111
Sep 201603641.553.10$112
Aug 20160041.442.92$0
Jul 201603141.622.92$91
Jun 201602945.352.69$78
May 201603142.521.99$62
Apr 201603236.561.99$64
Mar 201603633.011.79$65
Feb 201605726.472.06$118
Jan 2016011927.352.36$281
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 201505043.433.10$155
Dec 201405854.693.59$208
Nov 201407570.464.25$319
Oct 201402478.303.90$94
Sep 201402986.164.05$117
Aug 201401889.394.04$73
Jul 201402096.564.18$84
Jun 201402498.164.74$114
May 201402694.734.73$123
Apr 201402495.944.81$115
Mar 201401995.895.06$96
Feb 201402397.406.19$142
Jan 201402090.404.86$97
Dec 201302891.824.35$122
Nov 201303488.853.74$127
Oct 201304297.423.78$159
Sep 2013034104.113.72$126
Aug 2013044104.253.52$155
Jul 2013029102.523.72$108
Jun 201304094.403.93$157
May 201305594.834.15$228
Apr 20130093.964.28$0
Mar 201304093.623.91$157
Feb 201302891.233.42$96
Jan 201304191.603.42$140
Dec 201203286.773.42$109
Nov 201203786.953.62$134
Oct 201201,92889.383.40$6,555
Sep 201204094.672.92$117
Aug 201202992.662.91$84
Jul 201202285.133.02$66
Jun 201202979.822.52$73
May 201202591.612.49$62
Apr 2012029101.652.00$58
Mar 2012033105.052.22$73
Feb 2012033101.102.57$85
Jan 201204098.092.73$109
Dec 201103296.873.24$104
Nov 201103495.723.31$113
Oct 201103684.983.65$131
Sep 201104283.623.99$167
Aug 201103383.404.15$137
Jul 201103094.144.52$136
Jun 201103792.904.64$172
May 201104198.134.40$181
Apr 2011038105.964.33$165
Mar 201103396.364.06$134
Feb 201107685.644.18$318
Jan 201104386.504.59$197
Dec 201003985.734.35$170
Nov 201003980.843.80$148
Oct 201003478.103.51$119
Sep 201003472.633.98$135
Aug 201004073.684.42$177
Jul 201004472.554.74$208
Jun 201003870.364.91$187
May 201004671.124.24$195
Apr 201004681.694.12$190
Mar 201004778.394.39$206
Feb 201004373.585.44$234
Jan 201004674.365.96$274
Dec 200904871.445.48$263
Nov 200905374.593.75$199
Oct 200905072.544.11$206
Sep 200905065.543.06$153
Aug 200904167.423.22$132
Jul 200904061.133.46$139
Jun 200904266.163.90$164
May 200904154.743.93$161
Apr 200904446.773.59$158
Mar 200904442.144.06$179
Feb 200904232.814.63$195
Jan 200904235.865.37$226
Dec 200804237.105.98$251
Nov 200804055.496.86$274
Oct 200804375.246.92$298
Sep 2008084101.767.88$662
Aug 200800114.228.48$0
Jul 2008039131.0811.39$444
Jun 2008046131.3313.03$600
May 2008053123.1711.57$613
Apr 2008056110.3110.45$585
Mar 20085648101.909.66$6,170
Feb 200804292.538.77$368
Jan 200804190.388.21$336
Dec 200703788.337.30$270
Nov 200703791.677.29$270
Oct 200704182.856.92$284
Sep 200704275.846.24$262
Aug 200705169.066.39$326
Jul 200705970.906.39$377
Jun 200702262.007.55$166
May 200708058.747.85$628
Apr 200704959.617.81$382
Mar 200705156.927.30$372
Feb 200706755.108.22$550
Jan 200702950.306.73$195
Dec 200603156.656.92$214
Nov 200602954.207.62$221
Oct 200603054.906.01$180
Sep 200602760.085.04$136
Aug 200602568.717.34$184
Jul 200608269.376.34$520
Jun 200601066.286.38$64
May 200603666.016.42$231
Apr 200606164.397.36$449
Mar 200605056.707.08$354
Feb 200603357.597.75$256
Jan 200606160.598.93$545
Dec 200505154.9413.42$684
Nov 200507754.6910.59$815
Oct 200507858.3413.80$1,076
Sep 200505861.4512.08$701
Aug 200507561.519.80$735
Jul 200505155.697.84$400
Jun 200508752.337.38$642
May 2005010945.226.65$725
Apr 2005010149.207.36$743
Mar 2005012350.377.15$880
Feb 200503745.226.31$234
Jan 2005011743.166.32$740
Dec 2004013539.866.75$911
Nov 200404545.286.33$285
Oct 2004718949.706.52$4,109
Sep 2004011043.245.28$581
Aug 200407942.375.55$439
Jul 200405938.286.08$359
Jun 2004011036.106.43$708
May 200409037.486.49$585
Apr 2004011234.475.86$656
Mar 200404134.365.53$227
Feb 200405132.455.51$281
Jan 200408432.036.30$529
Dec 2003010130.266.30$636
Nov 200307628.804.60$349
Oct 2003012728.174.76$604
Sep 2003012326.314.75$584
Aug 2003011829.765.13$605
Jul 2003014629.415.17$755
Jun 2003010428.565.98$622
May 2003014326.595.97$854
Apr 2003010526.675.41$568
Mar 2003021331.146.10$1,298
Feb 200304233.487.93$333
Jan 200309630.315.58$536
Dec 200208526.914.85$413
Nov 2002071724.664.14$2,966
Oct 200208826.464.23$372
Sep 2002010527.443.64$382
Aug 2002012625.963.16$399
Jul 2002013724.583.06$419
Jun 200209823.733.34$327
May 2002015924.663.58$570
Apr 2002014223.653.51$499
Mar 2002015322.003.10$475
Feb 200202418.222.38$57
Jan 20020017.172.38$0
Dec 2001010816.932.36$255
Nov 200109118.072.41$219
Oct 2001010019.782.53$253
Sep 200108824.262.25$198
Aug 2001011924.873.05$363
Jul 200103123.933.20$99
Jun 200103824.563.82$145
May 200103825.524.31$164
Apr 200123124.685.34$215
Mar 2001010924.545.38$586
Feb 200105527.755.77$317
Jan 200104427.478.40$370
Dec 200002326.889.12$210
Nov 2000010132.215.66$571
Oct 200009631.235.15$494
Sep 2000011331.875.19$586
Aug 200005829.644.54$263
Jul 20001097528.534.09$3,417
Jun 200008829.304.40$387
May 200003527.263.68$129
Apr 200005624.513.12$175
Mar 2000025628.422.86$732
Feb 2000014227.622.73$387
Jan 2000041725.272.48$1,034
Dec 1999023124.282.42$560
Nov 1999051723.192.43$1,258
Oct 1999078920.982.80$2,212
Sep 1999075621.752.62$1,980
Aug 1999031519.262.88$906
Jul 1999026517.892.37$629
Jun 1999036815.942.36$869
May 1999048015.792.32$1,114
Apr 1999032415.102.21$715
Mar 1999038512.471.84$708
Feb 1999554719.981.82$1,405
Jan 1999029810.381.90$566
Dec 199801,8149.201.77$3,217
Nov 1998075110.892.19$1,641
Oct 1998078112.421.97$1,538
Sep 199801,76012.592.08$3,665
Aug 199801,91611.301.91$3,654
Jul 1998080111.742.24$1,792
Jun 199801,07411.242.24$2,403
May 199801,26012.622.21$2,780
Apr 199801,13113.042.51$2,834
Mar 199818390612.802.31$4,435
Feb 1998097013.952.30$2,230
Jan 199801,05514.702.15$2,273
Dec 199702,70816.322.41$6,529
Nov 199701,47518.193.09$4,555
Oct 19971842,11619.253.15$10,207
Sep 199702,72817.742.95$8,061
Aug 199703,69517.862.55$9,440
Jul 199709,51417.582.25$21,377

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 2017 — as filed, then multipliedworked
Condensate             0 bbl  × $ 42.49 =         $0
Gas                   29 Mcf  × $  3.09 =        $90

────────────────────────────────────────────────────
Month total                                      $90

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/167708 is the state's own key, not one this site invented.