FARMINGTON

Operated by IV STANDARD, LLC (P-5 103468) in the KENNETH REISS (WILCOX) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 21114District 03Field 48961250OilCasinghead gasSaveExport
Value, all time
$10.2 M
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 6 leases and 8 wells, and the rule below applies to all of them.

Discovered
1991-06-08
as the register files it
Field class
Oil
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1994-03-21.

The Commission's schedule remark for this field reads: DOCKET NO. 03-0201861.

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
OilDisposition274,050 bbl$9,870,539
Casinghead gasProduction61,998 Mcf$331,155
Total$10,201,694

41 Mcf of this lease's gas, across 41 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 (2)

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 30.5424, -94.7633. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

30.54243, -94.76328 · 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
50.0%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
7,908 ft
2 wells filed one
Completion to plug
27.0 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

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 7,800 and 8,015 ft, median 7,908 ft, over the 2 wells that filed a depth.

Completions filed
Jun 1991 – Sep 2023
2 of 2 wells
Plug dates filed
Jun 2018
1 of 2 wells; 1 filed none

Last completion to plug: a median of 27.0 years across the 1 well that filed both dates, with the middle half between 27.0 years and 27.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-373311211R7,800 ftSep 2023
42-3733077018,015 ftJun 1991Jun 2018Yes

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 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 201328091.233.42$2,554
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 2011178095.723.31$17,038
Oct 20110284.983.65$7
Sep 2011166083.623.99$13,881
Aug 201185235883.404.15$72,542
Jul 20111,17833594.144.52$112,410
Jun 20111,01755692.904.64$97,059
May 20111,18844098.134.40$118,517
Apr 20111,167415105.964.33$125,454
Mar 20111,19050696.364.06$116,721
Feb 20111,17323385.644.18$101,430
Jan 20111,35735986.504.59$119,028
Dec 20101,54856385.734.35$135,158
Nov 20101,68971580.843.80$139,252
Oct 20101,52593078.103.51$122,366
Sep 20101,52281672.633.98$113,790
Aug 20101,6761,33273.684.42$129,374
Jul 20101,4891,60272.554.74$115,615
Jun 201066651270.364.91$49,374
May 20101,8351,82471.124.24$138,230
Apr 20102,0691,34581.694.12$174,562
Mar 20102,1981,21578.394.39$177,633
Feb 20101,6851,36673.585.44$131,417
Jan 20101,8901,43774.365.96$149,111
Dec 20091,8771,94971.445.48$144,781
Nov 20091,6703,03074.593.75$135,932
Oct 20092,2303,10972.544.11$174,543
Sep 20091,8982,58165.543.06$132,305
Aug 20092,3654,22967.423.22$173,059
Jul 20092,7413,57661.133.46$179,946
Jun 20092,3973,44566.163.90$172,004
May 20092,7192,63454.743.93$159,178
Apr 200950174146.773.59$26,090
Mar 200950968842.144.06$24,242
Feb 200907432.814.63$343
Jan 20090035.865.37$0
Dec 200835518737.105.98$14,288
Nov 200868226955.496.86$39,690
Oct 200851629875.246.92$40,887
Sep 2008512209101.767.88$53,747
Aug 2008702364114.228.48$83,270
Jul 2008515326131.0811.39$71,219
Jun 2008684375131.3313.03$94,717
May 2008687357123.1711.57$88,750
Apr 2008523387110.3110.45$61,738
Mar 2008708337101.909.66$75,402
Feb 200868430692.538.77$65,974
Jan 200869429790.388.21$65,161
Dec 200751230688.337.30$47,459
Nov 200751132591.677.29$49,213
Oct 200716917182.856.92$15,185
Sep 200750524675.846.24$39,835
Aug 200770129269.066.39$50,276
Jul 200769127370.906.39$50,736
Jun 200750927062.007.55$33,596
May 200752225058.747.85$32,624
Apr 200734122359.617.81$22,068
Mar 200701256.927.30$88
Feb 200752720555.108.22$30,722
Jan 200785937550.306.73$45,730
Dec 200686833356.656.92$51,476
Nov 200687838554.207.62$50,520
Oct 200685939354.906.01$49,523
Sep 200668340960.085.04$43,095
Aug 200684242368.717.34$60,959
Jul 200686053669.376.34$63,058
Jun 200685835466.286.38$59,128
May 200685039266.016.42$58,627
Apr 200685843164.397.36$58,419
Mar 200668643656.707.08$41,984
Feb 200667031357.597.75$41,011
Jan 200634425660.598.93$23,130
Dec 200534082154.9413.42$29,694
Nov 2005682054.6910.59$37,299
Oct 2005697058.3413.80$40,663
Sep 20056801,33361.4512.08$57,887
Aug 20051,0251,07761.519.80$73,599
Jul 200584372055.697.84$52,594
Jun 200584678752.337.38$50,080
May 20051,01130345.226.65$47,733
Apr 200585624349.207.36$43,904
Mar 20051,02839150.377.15$54,578
Feb 200567761245.226.31$34,477
Jan 200586735543.166.32$39,664
Dec 200468036739.866.75$29,582
Nov 200485252945.286.33$41,927
Oct 200451617049.706.52$26,753
Sep 20040043.245.28$0
Aug 2004856042.375.55$36,269
Jul 20041,034038.286.08$39,582
Jun 20041,544036.106.43$55,738
May 20041,206037.486.49$45,201
Apr 2004883034.475.86$30,437
Mar 20041,566034.365.53$53,808
Feb 20041,561032.455.51$50,654
Jan 20041,214032.036.30$38,884
Dec 2003860030.266.30$26,024
Nov 20031,409028.804.60$40,579
Oct 20031,585028.174.76$44,649
Sep 20031,402026.314.75$36,887
Aug 20031,234029.765.13$36,724
Jul 2003689029.415.17$20,263
Jun 20031,021028.565.98$29,160
May 20031,374026.595.97$36,535
Apr 2003692026.675.41$18,456
Mar 20031,396031.146.10$43,471
Feb 20031,392033.487.93$46,604
Jan 20031,568030.315.58$47,526
Dec 20021,426026.914.85$38,374
Nov 20021,624024.664.14$40,048
Oct 20021,765026.464.23$46,702
Sep 20021,706027.443.64$46,813
Aug 20021,753025.963.16$45,508
Jul 20021,693024.583.06$41,614
Jun 20021,547023.733.34$36,710
May 20021,590024.663.58$39,209
Apr 20021,062023.653.51$25,116
Mar 20021,232022.003.10$27,104
Feb 20021,409018.222.38$25,672
Jan 2002867017.172.38$14,886
Dec 20011,761016.932.36$29,814
Nov 20011,582018.072.41$28,587
Oct 20011,036019.782.53$20,492
Sep 20011,416024.262.25$34,352
Aug 20011,222024.873.05$30,391
Jul 20011,010023.933.20$24,169
Jun 2001892024.563.82$21,908
May 2001355025.524.31$9,060
Apr 20011,238024.685.34$30,554
Mar 20010024.545.38$0
Feb 20011,548027.755.77$42,957
Jan 20011,448027.478.40$39,777
Dec 20001,256026.889.12$33,761
Nov 20001,616032.215.66$52,051
Oct 20001,437031.235.15$44,878
Sep 20001,821031.875.19$58,035
Aug 20001,807029.644.54$53,559
Jul 20001,627028.534.09$46,418
Jun 2000353029.304.40$10,343
May 2000758027.263.68$20,663
Apr 2000906024.513.12$22,206
Mar 20001,644028.422.86$46,722
Feb 20001,820027.622.73$50,268
Jan 20001,472025.272.48$37,197
Dec 19991,643024.282.42$39,892
Nov 19991,441023.192.43$33,417
Oct 19991,460020.982.80$30,631
Sep 19991,253021.752.62$27,253
Aug 19991,793019.262.88$34,533
Jul 19991,789017.892.37$32,005
Jun 19991,449015.942.36$23,097
May 19991,067015.792.32$16,848
Apr 19992,027015.102.21$30,608
Mar 19991,831012.471.84$22,833
Feb 19991,76709.981.82$17,635
Jan 19991,805010.381.90$18,736
Dec 19981,98709.201.77$18,280
Nov 19981,852010.892.19$20,168
Oct 19981,934012.421.97$24,020
Sep 19981,599012.592.08$20,131
Aug 19981,262011.301.91$14,261
Jul 19981,072011.742.24$12,585
Jun 19981,270011.242.24$14,275
May 19981,209012.622.21$15,258
Apr 19981,132013.042.51$14,761
Mar 19981,787012.802.31$22,874
Feb 19981,247013.952.30$17,396
Jan 19981,118014.702.15$16,435
Dec 19971,493016.322.41$24,366
Nov 19971,480118.193.09$26,924
Oct 1997937119.253.15$18,040
Sep 19971,500117.742.95$26,613
Aug 19971,429117.862.55$25,524
Jul 19971,450117.582.25$25,493
Jun 19971,305117.242.26$22,500
May 19971,506118.972.31$28,571
Apr 1997930117.882.08$16,630
Mar 19971,485118.951.94$28,143
Feb 19971,130120.492.21$23,156
Jan 19971,711123.483.54$40,178
Dec 19961,134123.32$26,445
Nov 19961,137121.97$24,980
Oct 19961,661123.31$38,718
Sep 19961,684122.22$37,418
Aug 19961,687120.26$34,179
Jul 19961,676019.55$32,766
Jun 19961,502118.73$28,132
May 19961,644119.43$31,943
Apr 19961,673021.51$35,986
Mar 1996931019.38$18,043
Feb 1996166016.98$2,819
Jan 19961,316117.07$22,464
Dec 19951,151117.19$19,786
Nov 19951,326016.00$21,216
Oct 19951,132015.43$17,467
Sep 1995940016.18$15,209
Aug 19951,719115.92$27,366
Jul 19951,720115.24$26,213
Jun 19951,355116.41$22,236
May 1995964117.56$16,928
Apr 1995975117.73$17,287
Mar 19951,729116.44$28,425
Feb 19951,158116.58$19,200
Jan 19951,356115.92$21,588
Dec 1994963115.03$14,474
Nov 19941,747115.90$27,777
Oct 19941,164115.58$18,135
Sep 19941,142115.29$17,461
Aug 19941,123116.13$18,114
Jul 19941,704117.56$29,922
Jun 19941,722117.09$29,429
May 19941,906115.88$30,267
Apr 19941,545114.14$21,846
Mar 1994954112.46$11,887
Feb 19941,487112.50$18,588
Jan 19941,338112.66$16,939
Dec 19931,124112.33$13,859
Nov 19931,319114.49$19,112
Oct 19931,314115.85$20,827
Sep 19931,515115.03$22,770
Aug 19931,340115.66$20,984
Jul 19931,866115.46$28,848
Jun 19931,474116.79$24,748
May 19931,514117.68$26,768
Apr 1993929118.05$16,768
Mar 19932,061118.14$37,387
Feb 19931,446117.90$25,883
Jan 19932,124116.93$35,959

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
Oil                   28 bbl  × $ 91.23 =     $2,554
Casinghead gas         0 Mcf  × $  3.42 =         $0

────────────────────────────────────────────────────
Month total                                   $2,554

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/O/21114 is the state's own key, not one this site invented.