P.B. & I.O. RR.

Operated by IRONHORSE OPERATIONS, LLC (P-5 426610) in the NEW DIANA (WOODBINE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 4263District 06Field 65113500OilCasinghead gasSaveExport
Value, all time
$578 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 43 leases and 65 wells, and the rule below applies to all of them.

Discovered
1959-08-03
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres.

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
OilDisposition30,969 bbl$578,332
Casinghead gasProduction94 Mcf$128
Total$578,461

47 Mcf of this lease's gas, across 47 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 32.8196, -95.1159. A lease has no coordinate of its own — that point is the mean of its wells, and they span 43.7 miles, so treat it as the lease's centre and not as its location.

32.82141, -95.11630 · 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%
2 of 4 wells
With a plug date
50.0%
2 of 4 wells
Median depth
5,776 ft
4 wells filed one
Completion to plug
41.7 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
250.0%
A plug date is filed
250.0%
BothOn the schedule and plugged. Neither fact cancels the other.
250.0%
NeitherNo plug date, and not on the schedule.
250.0%

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 3,668 and 8,175 ft, median 5,776 ft, over the 4 wells that filed a depth.

Completions filed
Feb 1962 – Nov 2023
4 of 4 wells
Plug dates filed
Mar 1985 – Apr 2023
2 of 4 wells; 2 filed none

Last completion to plug: a median of 41.7 years across the 2 wells that filed both dates, with the middle half between 31.8 years and 51.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-499321652H7,832 ftNov 2023
42-499308591AG8,175 ftJul 2019
42-4590009113,720 ftFeb 1963Mar 1985Yes
42-4590009223,668 ftFeb 1962Apr 2023Yes

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 2013880104.253.52$9,174
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 20130091.233.42$0
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 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20113085.644.18$257
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 200965066.163.90$4,300
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 200733059.617.81$1,967
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 200645069.376.34$3,122
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 200427043.245.28$1,167
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 200460034.365.53$2,062
Feb 200420032.455.51$649
Jan 200422032.036.30$705
Dec 200348030.266.30$1,452
Nov 200348028.804.60$1,382
Oct 200348028.174.76$1,352
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 200382026.675.41$2,187
Mar 2003144031.146.10$4,484
Feb 200360033.487.93$2,009
Jan 2003119030.315.58$3,607
Dec 200212026.914.85$323
Nov 2002122024.664.14$3,009
Oct 2002311026.464.23$8,229
Sep 2002168027.443.64$4,610
Aug 2002219025.963.16$5,685
Jul 2002360024.583.06$8,849
Jun 2002372023.733.34$8,828
May 2002363024.663.58$8,952
Apr 2002326023.653.51$7,710
Mar 2002247022.003.10$5,434
Feb 2002380018.222.38$6,924
Jan 2002381017.172.38$6,542
Dec 2001200016.932.36$3,386
Nov 2001267018.072.41$4,825
Oct 2001204019.782.53$4,035
Sep 2001268024.262.25$6,502
Aug 2001399024.873.05$9,923
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 200087026.889.12$2,339
Nov 2000101132.215.66$3,259
Oct 200036131.235.15$1,129
Sep 2000169131.875.19$5,391
Aug 2000210129.644.54$6,229
Jul 2000131128.534.09$3,742
Jun 200015129.304.40$444
May 200060127.263.68$1,639
Apr 2000176124.513.12$4,317
Mar 200069128.422.86$1,964
Feb 200045127.622.73$1,246
Jan 2000191125.272.48$4,829
Dec 1999285124.282.42$6,922
Nov 1999242123.192.43$5,614
Oct 1999291120.982.80$6,108
Sep 1999266121.752.62$5,788
Aug 1999301119.262.88$5,800
Jul 1999315117.892.37$5,638
Jun 1999229115.942.36$3,653
May 1999303115.792.32$4,787
Apr 1999283115.102.21$4,276
Mar 1999291112.471.84$3,631
Feb 199925519.981.82$2,547
Jan 1999359110.381.90$3,728
Dec 199829319.201.77$2,697
Nov 1998281110.892.19$3,062
Oct 1998299112.421.97$3,716
Sep 1998300112.592.08$3,779
Aug 1998321111.301.91$3,629
Jul 1998334111.742.24$3,923
Jun 1998242111.242.24$2,722
May 1998291112.622.21$3,675
Apr 1998318113.042.51$4,149
Mar 1998404112.802.31$5,174
Feb 1998349113.952.30$4,871
Jan 1998356114.702.15$5,235
Dec 1997363116.322.41$5,927
Nov 1997466118.193.09$8,480
Oct 1997497119.253.15$9,570
Sep 1997182117.742.95$3,232
Aug 1997236117.862.55$4,218
Jul 199714117.582.25$248
Jun 19970117.242.26$2
May 1997196118.972.31$3,720
Apr 1997309117.882.08$5,527
Mar 1997300118.951.94$5,687
Feb 1997328120.492.21$6,723
Jan 1997153123.483.54$3,596
Dec 1996303123.32$7,066
Nov 1996327121.97$7,184
Oct 1996334123.31$7,786
Sep 1996404122.22$8,977
Aug 1996174120.26$3,525
Jul 1996364119.55$7,116
Jun 19960118.73$0
May 19960119.43$0
Apr 1996350121.51$7,529
Mar 1996347119.38$6,725
Feb 1996173116.98$2,938
Jan 1996310117.07$5,292
Dec 1995344117.19$5,913
Nov 1995474116.00$7,584
Oct 1995170115.43$2,623
Sep 1995341116.18$5,517
Aug 1995189115.92$3,009
Jul 1995183115.24$2,789
Jun 1995141116.41$2,314
May 1995335117.56$5,883
Apr 1995339117.73$6,010
Mar 1995298116.44$4,899
Feb 19950116.58$0
Jan 1995179115.92$2,850
Dec 1994339115.03$5,095
Nov 1994179115.90$2,846
Oct 1994348115.58$5,422
Sep 1994343115.29$5,244
Aug 1994541116.13$8,726
Jul 1994187117.56$3,284
Jun 1994362117.09$6,187
May 1994364115.88$5,780
Apr 1994362114.14$5,119
Mar 1994364112.46$4,535
Feb 1994169112.50$2,113
Jan 1994453112.66$5,735
Dec 1993355112.33$4,377
Nov 1993172114.49$2,492
Oct 19930015.85$0
Sep 1993351115.03$5,276
Aug 1993366115.66$5,732
Jul 1993355115.46$5,488
Jun 1993326116.79$5,474
May 1993366117.68$6,471
Apr 1993494118.05$8,917
Mar 1993368118.14$6,676
Feb 1993341117.90$6,104
Jan 1993332116.93$5,621

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.

Aug 2013 — as filed, then multipliedworked
Oil                   88 bbl  × $104.25 =     $9,174
Casinghead gas         0 Mcf  × $  3.52 =         $0

────────────────────────────────────────────────────
Month total                                   $9,174

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. 06/O/4263 is the state's own key, not one this site invented.