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THUNDERBOLT UNIT

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

Gas lease lease 289885District 03Field 06762500CondensateGasSaveExport
Value, all time
$12.3 M
Jan 2018 – May 2026
Value, last 12 filed months
$200 k
at the published price for each month
Months reported
101
no gaps in the span
Streams
2
condensate, gas

The BEECH GROVE (WOODBINE) 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 27 leases and 27 wells, and the rule below applies to all of them.

Discovered
2012-03-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2014-01-07.

The Commission's schedule remark for this field reads: “1320 NEAREST WELL.”

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
CondensateDisposition109,456 bbl$6,745,363
GasProduction1,671,108 Mcf$5,574,548
Total$12,319,910

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 30.8593, -94.0894. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.85927, -94.08940 · 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
13,900 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 13,900 ft.

Completions filed
Jan 2018
1 of 1 wells

1 well

42-24130893113,900 ftJan 2018——

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 (101)

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

101 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 2026180089.753.15$16,155
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 202502,48256.664.41$10,954
Nov 20250058.593.93$0
Oct 202502,48259.383.30$8,203
Sep 20251772,18062.743.08$17,813
Aug 20255057,15463.933.01$53,852
Jul 20251709,29766.743.32$42,167
Jun 20253528,86366.483.13$51,131
May 20255298,97560.553.23$61,041
Apr 20255307,11362.363.54$58,253
Mar 202552610,16367.704.27$78,989
Feb 20251744,22270.884.34$30,660
Jan 20257188,01174.324.28$87,638
Dec 20245139,10168.993.12$63,799
Nov 20245309,10169.052.20$56,605
Oct 20245266,11371.372.28$51,487
Sep 20243544,41569.612.36$35,081
Aug 20243494,41575.632.06$35,506
Jul 20245475,37579.932.15$55,260
Jun 2024345078.082.63$26,938
May 20245235,01778.812.20$52,247
Apr 20243688,26884.451.66$44,796
Mar 20247089,58680.301.55$71,664
Feb 20243576,85876.091.78$39,396
Jan 20247246,36973.023.30$73,869
Dec 20233606,15471.262.61$41,720
Nov 20234909,39277.892.81$64,535
Oct 202371912,29085.443.09$99,374
Sep 202370313,04589.042.74$98,274
Aug 202372313,06180.522.67$93,126
Jul 202371113,91174.852.64$89,968
Jun 20231,07113,24668.962.26$103,772
May 202372314,63170.622.23$83,647
Apr 20233565,16778.122.24$39,373
Mar 20235399,03072.852.39$60,876
Feb 202371914,66775.112.47$90,168
Jan 202391015,58476.533.39$122,437
Dec 202272614,09976.415.73$136,248
Nov 202290615,60885.005.65$165,136
Oct 20221,07216,91887.185.86$192,660
Sep 20221,06616,17984.888.16$222,562
Aug 20221,04317,19994.529.13$255,562
Jul 202252612,852101.587.54$150,362
Jun 20225571,395115.097.98$75,233
May 202287311,587109.378.43$193,194
Apr 20221,61917,806104.226.84$290,482
Mar 20221,26017,171108.885.08$224,356
Feb 202270816,28191.054.86$143,570
Jan 20221,07617,91781.844.54$169,361
Dec 202171316,16871.323.90$113,892
Nov 20211,27314,00777.435.24$171,921
Oct 202188715,24779.795.71$157,893
Sep 202118310,25969.865.35$67,679
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 202105557.805.55$305
Jan 20215397,32650.412.81$47,759
Dec 20201,21814,35744.642.68$92,783
Nov 20201,15814,72038.772.71$84,736
Oct 20201,30015,59836.972.48$86,720
Sep 202090116,86437.091.99$66,995
Aug 202037037439.982.39$15,685
Jul 20205679,98538.371.83$39,980
Jun 20201,35010,25734.901.69$64,453
May 2020010,86416.921.81$19,715
Apr 20201,08016,24014.751.80$45,233
Mar 20201,47816,24030.341.86$74,988
Feb 20201,30418,99249.881.98$102,660
Jan 20201,44623,90457.252.09$132,856
Dec 20192,23728,17459.012.30$196,928
Nov 20191,81427,59455.302.75$176,217
Oct 20192,18231,64053.472.42$193,194
Sep 20192,59343,45955.052.66$258,227
Aug 20193,07943,45953.112.30$263,671
Jul 20192,73440,31756.272.46$253,024
Jun 20193,61851,12852.782.49$318,328
May 20191,98932,15058.482.74$204,418
Apr 20192,44140,81662.632.75$265,152
Mar 20192,95250,68156.803.06$322,864
Feb 20193,88567,66950.852.79$386,499
Jan 20194,09067,66946.033.23$406,710
Dec 20184,71371,93046.594.19$520,637
Nov 20184,69367,22152.934.24$533,232
Oct 20185,23679,64961.443.40$592,354
Sep 20185,28280,37859.543.11$564,305
Aug 20185,55278,60959.403.07$570,848
Jul 20184,91075,67865.142.93$541,716
Jun 201809960.183.08$305
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 201852858162.874.01$35,525

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.

Mar 2026 — as filed, then multipliedworked
Condensate           180 bbl  × $ 89.75 =    $16,155
Gas                    0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                  $16,155

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/289885 is the state's own key, not one this site invented.