I.R.T. STATE

Name: I.R.T. STATE lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by OLSEN ENERGY INC. (P-5 621750) in the S.E.G. (WICHITA-ALBANY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 135019District 08Field 79227500CondensateGasSave Export

Value, all time

$2.1 M

Jan 1993 – Apr 2018

Value, last 12 filed months

at the published price for each month

Months reported

304

no gaps in the span

Streams

condensate, gas

The S.E.G. (WICHITA-ALBANY) 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 20 leases and 20 wells, and the rule below applies to all of them.

Discovered

1979-07-05

as the register files it

Field class

Oil and 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 4/1/95 PER COMPLETED AOF SURVEY”

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	614 bbl	$28,079
Gas	Production	734,443 Mcf	$2,026,059
Total			$2,054,138

260,322 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 31.1591, -102.7153. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.15907, -102.71533 · 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

100.0%

1 of 1 wells

Median depth

5,000 ft

1 wells filed one

Completion to plug

27.9 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

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

1100.0%

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 5,000 ft.

Completions filed

May 1990

1 of 1 wells

Plug dates filed

Apr 2018

1 of 1 wells

Last completion to plug: a median of 27.9 years across the 1 well that filed both dates, with the middle half between 27.9 years and 27.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-37136237	4	5,000 ft	May 1990	Apr 2018	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 (304)

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

304 months


Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	4	47.93	3.21	$13
Mar 2017	0	652	46.77	2.98	$1,945
Feb 2017	0	355	50.45	2.95	$1,048
Jan 2017	0	208	49.41	3.42	$711
Dec 2016	0	374	48.76	3.72	$1,392
Nov 2016	0	436	42.49	2.64	$1,153
Oct 2016	0	560	46.19	3.09	$1,731
Sep 2016	0	90	41.55	3.10	$279
Aug 2016	0	560	41.44	2.92	$1,638
Jul 2016	0	358	41.62	2.92	$1,047
Jun 2016	0	598	45.35	2.69	$1,606
May 2016	0	567	42.52	1.99	$1,129
Apr 2016	0	80	36.56	1.99	$159
Mar 2016	0	125	33.01	1.79	$224
Feb 2016	0	29	26.47	2.06	$60
Jan 2016	0	1,073	27.35	2.36	$2,537
Dec 2015	2	974	32.36	2.00	$2,014
Nov 2015	0	976	38.79	2.17	$2,115
Oct 2015	0	951	43.55	2.43	$2,308
Sep 2015	4	1,072	42.99	2.76	$3,129
Aug 2015	0	1,032	40.16	2.87	$2,964
Jul 2015	4	1,056	48.15	2.95	$3,303
Jun 2015	0	1,040	56.15	2.88	$2,998
May 2015	0	893	55.21	2.96	$2,639
Apr 2015	0	826	49.82	2.71	$2,236
Mar 2015	0	480	42.89	2.93	$1,409
Feb 2015	0	921	44.66	2.98	$2,741
Jan 2015	0	370	43.43	3.10	$1,147
Dec 2014	0	412	54.69	3.59	$1,480
Nov 2014	57	986	70.46	4.25	$8,209
Oct 2014	0	814	78.30	3.90	$3,175
Sep 2014	0	775	86.16	4.05	$3,135
Aug 2014	0	798	89.39	4.04	$3,220
Jul 2014	0	1,301	96.56	4.18	$5,438
Jun 2014	0	899	98.16	4.74	$4,258
May 2014	0	865	94.73	4.73	$4,088
Apr 2014	0	689	95.94	4.81	$3,313
Mar 2014	0	733	95.89	5.06	$3,707
Feb 2014	0	755	97.40	6.19	$4,675
Jan 2014	0	633	90.40	4.86	$3,077
Dec 2013	0	884	91.82	4.35	$3,849
Nov 2013	0	632	88.85	3.74	$2,363
Oct 2013	0	645	97.42	3.78	$2,438
Sep 2013	0	546	104.11	3.72	$2,030
Aug 2013	3	407	104.25	3.52	$1,746
Jul 2013	0	368	102.52	3.72	$1,368
Jun 2013	0	451	94.40	3.93	$1,774
May 2013	2	585	94.83	4.15	$2,617
Apr 2013	1	2	93.96	4.28	$103
Mar 2013	0	612	93.62	3.91	$2,395
Feb 2013	0	483	91.23	3.42	$1,652
Jan 2013	0	642	91.60	3.42	$2,196
Dec 2012	0	620	86.77	3.42	$2,121
Nov 2012	0	627	86.95	3.62	$2,273
Oct 2012	0	706	89.38	3.40	$2,400
Sep 2012	0	718	94.67	2.92	$2,095
Aug 2012	0	802	92.66	2.91	$2,332
Jul 2012	0	819	85.13	3.02	$2,474
Jun 2012	0	760	79.82	2.52	$1,914
May 2012	0	822	91.61	2.49	$2,045
Apr 2012	0	830	101.65	2.00	$1,657
Mar 2012	0	869	105.05	2.22	$1,931
Feb 2012	0	1,049	101.10	2.57	$2,696
Jan 2012	0	1,079	98.09	2.73	$2,950
Dec 2011	0	1,114	96.87	3.24	$3,609
Nov 2011	0	1,129	95.72	3.31	$3,738
Oct 2011	0	1,194	84.98	3.65	$4,356
Sep 2011	0	1,037	83.62	3.99	$4,133
Aug 2011	0	1,306	83.40	4.15	$5,419
Jul 2011	0	1,098	94.14	4.52	$4,960
Jun 2011	0	1,076	92.90	4.64	$4,993
May 2011	0	1,065	98.13	4.40	$4,691
Apr 2011	0	1,120	105.96	4.33	$4,853
Mar 2011	0	1,344	96.36	4.06	$5,453
Feb 2011	0	1,125	85.64	4.18	$4,702
Jan 2011	0	1,129	86.50	4.59	$5,181
Dec 2010	0	1,179	85.73	4.35	$5,126
Nov 2010	1	1,101	80.84	3.80	$4,260
Oct 2010	4	1,215	78.10	3.51	$4,576
Sep 2010	6	1,073	72.63	3.98	$4,706
Aug 2010	4	1,040	73.68	4.42	$4,891
Jul 2010	6	1,141	72.55	4.74	$5,840
Jun 2010	0	1,287	70.36	4.91	$6,320
May 2010	13	1,416	71.12	4.24	$6,922
Apr 2010	12	1,366	81.69	4.12	$6,612
Mar 2010	11	1,625	78.39	4.39	$7,994
Feb 2010	7	1,575	73.58	5.44	$9,087
Jan 2010	2	1,823	74.36	5.96	$11,021
Dec 2009	4	1,930	71.44	5.48	$10,869
Nov 2009	7	1,548	74.59	3.75	$6,329
Oct 2009	6	1,849	72.54	4.11	$8,035
Sep 2009	8	1,710	65.54	3.06	$5,765
Aug 2009	15	1,880	67.42	3.22	$7,062
Jul 2009	9	1,775	61.13	3.46	$6,700
Jun 2009	7	1,597	66.16	3.90	$6,683
May 2009	8	1,570	54.74	3.93	$6,601
Apr 2009	4	1,656	46.77	3.59	$6,128
Mar 2009	7	1,733	42.14	4.06	$7,329
Feb 2009	0	1,224	32.81	4.63	$5,671
Jan 2009	0	1,351	35.86	5.37	$7,256
Dec 2008	7	1,293	37.10	5.98	$7,988
Nov 2008	0	1,343	55.49	6.86	$9,213
Oct 2008	4	1,066	75.24	6.92	$7,680
Sep 2008	3	1,153	101.76	7.88	$9,388
Aug 2008	4	1,325	114.22	8.48	$11,697
Jul 2008	0	1,132	131.08	11.39	$12,893
Jun 2008	3	12	131.33	13.03	$550
May 2008	0	0	123.17	11.57	$0
Apr 2008	5	486	110.31	10.45	$5,633
Mar 2008	10	1,599	101.90	9.66	$16,472
Feb 2008	7	1,435	92.53	8.77	$13,233
Jan 2008	0	1,777	90.38	8.21	$14,582
Dec 2007	0	1,641	88.33	7.30	$11,983
Nov 2007	3	536	91.67	7.29	$4,183
Oct 2007	4	1,619	82.85	6.92	$11,538
Sep 2007	0	1,522	75.84	6.24	$9,504
Aug 2007	0	1,585	69.06	6.39	$10,125
Jul 2007	0	1,557	70.90	6.39	$9,946
Jun 2007	9	1,626	62.00	7.55	$12,832
May 2007	1	1,695	58.74	7.85	$13,358
Apr 2007	2	1,685	59.61	7.81	$13,271
Mar 2007	3	1,843	56.92	7.30	$13,628
Feb 2007	3	1,654	55.10	8.22	$13,755
Jan 2007	0	2,009	50.30	6.73	$13,514
Dec 2006	6	1,891	56.65	6.92	$13,423
Nov 2006	5	1,760	54.20	7.62	$13,678
Oct 2006	3	1,868	54.90	6.01	$11,398
Sep 2006	0	1,643	60.08	5.04	$8,276
Aug 2006	0	1,781	68.71	7.34	$13,072
Jul 2006	2	1,771	69.37	6.34	$11,372
Jun 2006	0	935	66.28	6.38	$5,969
May 2006	1	1,463	66.01	6.42	$9,466
Apr 2006	7	1,958	64.39	7.36	$14,863
Mar 2006	0	1,971	56.70	7.08	$13,960
Feb 2006	0	1,682	57.59	7.75	$13,037
Jan 2006	0	1,632	60.59	8.93	$14,579
Dec 2005	0	1,193	54.94	13.42	$16,005
Nov 2005	0	109	54.69	10.59	$1,154
Oct 2005	0	1,747	58.34	13.80	$24,101
Sep 2005	3	1,407	61.45	12.08	$17,180
Aug 2005	0	2,029	61.51	9.80	$19,878
Jul 2005	0	1,900	55.69	7.84	$14,903
Jun 2005	2	2,424	52.33	7.38	$17,996
May 2005	2	1,867	45.22	6.65	$12,508
Apr 2005	4	1,676	49.20	7.36	$12,533
Mar 2005	0	2,167	50.37	7.15	$15,505
Feb 2005	0	2,167	45.22	6.31	$13,678
Jan 2005	0	2,407	43.16	6.32	$15,218
Dec 2004	0	2,252	39.86	6.75	$15,203
Nov 2004	0	2,045	45.28	6.33	$12,946
Oct 2004	0	2,180	49.70	6.52	$14,203
Sep 2004	0	2,111	43.24	5.28	$11,154
Aug 2004	0	2,309	42.37	5.55	$12,816
Jul 2004	0	1,891	38.28	6.08	$11,505
Jun 2004	0	1,925	36.10	6.43	$12,384
May 2004	0	2,153	37.48	6.49	$13,983
Apr 2004	0	2,559	34.47	5.86	$14,992
Mar 2004	4	2,868	34.36	5.53	$15,998
Feb 2004	1	2,627	32.45	5.51	$14,506
Jan 2004	4	2,699	32.03	6.30	$17,131
Dec 2003	1	2,110	30.26	6.30	$13,327
Nov 2003	3	1,917	28.80	4.60	$8,895
Oct 2003	1	2,142	28.17	4.76	$10,223
Sep 2003	1	2,636	26.31	4.75	$12,546
Aug 2003	6	3,486	29.76	5.13	$18,061
Jul 2003	2	3,749	29.41	5.17	$19,444
Jun 2003	1	3,300	28.56	5.98	$19,772
May 2003	5	3,595	26.59	5.97	$21,605
Apr 2003	6	3,163	26.67	5.41	$17,263
Mar 2003	2	2,868	31.14	6.10	$17,546
Feb 2003	4	2,336	33.48	7.93	$18,649
Jan 2003	4	3,704	30.31	5.58	$20,797
Dec 2002	5	3,508	26.91	4.85	$17,162
Nov 2002	0	3,246	24.66	4.14	$13,429
Oct 2002	0	2,085	26.46	4.23	$8,818
Sep 2002	0	2,015	27.44	3.64	$7,325
Aug 2002	0	2,064	25.96	3.16	$6,531
Jul 2002	0	2,222	24.58	3.06	$6,803
Jun 2002	0	2,015	23.73	3.34	$6,727
May 2002	0	2,222	24.66	3.58	$7,964
Apr 2002	0	2,244	23.65	3.51	$7,882
Mar 2002	0	2,353	22.00	3.10	$7,301
Feb 2002	0	2,330	18.22	2.38	$5,535
Jan 2002	0	1,869	17.17	2.38	$4,440
Dec 2001	0	2,315	16.93	2.36	$5,474
Nov 2001	0	2,087	18.07	2.41	$5,020
Oct 2001	0	2,739	19.78	2.53	$6,927
Sep 2001	0	2,908	24.26	2.25	$6,547
Aug 2001	0	2,753	24.87	3.05	$8,405
Jul 2001	0	3,092	23.93	3.20	$9,885
Jun 2001	0	2,919	24.56	3.82	$11,163
May 2001	0	2,991	25.52	4.31	$12,883
Apr 2001	0	2,816	24.68	5.34	$15,024
Mar 2001	0	2,798	24.54	5.38	$15,043
Feb 2001	0	2,551	27.75	5.77	$14,712
Jan 2001	0	3,032	27.47	8.40	$25,465
Dec 2000	0	2,949	26.88	9.12	$26,902
Nov 2000	0	2,870	32.21	5.66	$16,238
Oct 2000	0	2,956	31.23	5.15	$15,210
Sep 2000	0	3,341	31.87	5.19	$17,328
Aug 2000	0	2,446	29.64	4.54	$11,107
Jul 2000	0	3,703	28.53	4.09	$15,144
Jun 2000	0	3,548	29.30	4.40	$15,601
May 2000	0	3,489	27.26	3.68	$12,839
Apr 2000	0	3,695	24.51	3.12	$11,514
Mar 2000	0	3,595	28.42	2.86	$10,281
Feb 2000	0	3,594	27.62	2.73	$9,799
Jan 2000	0	3,900	25.27	2.48	$9,674
Dec 1999	0	3,794	24.28	2.42	$9,196
Nov 1999	0	3,913	23.19	2.43	$9,524
Oct 1999	0	4,301	20.98	2.80	$12,059
Sep 1999	0	3,884	21.75	2.62	$10,172
Aug 1999	0	3,349	19.26	2.88	$9,630
Jul 1999	0	3,014	17.89	2.37	$7,150
Jun 1999	0	3,387	15.94	2.36	$8,000
May 1999	0	3,612	15.79	2.32	$8,384
Apr 1999	0	3,653	15.10	2.21	$8,066
Mar 1999	0	3,935	12.47	1.84	$7,234
Feb 1999	0	3,163	9.98	1.82	$5,750
Jan 1999	0	3,713	10.38	1.90	$7,055
Dec 1998	1	3,830	9.20	1.77	$6,801
Nov 1998	0	4,067	10.89	2.19	$8,889
Oct 1998	0	4,439	12.42	1.97	$8,741
Sep 1998	0	4,480	12.59	2.08	$9,330
Aug 1998	0	5,073	11.30	1.91	$9,676
Jul 1998	0	4,247	11.74	2.24	$9,502
Jun 1998	0	4,601	11.24	2.24	$10,294
May 1998	0	4,661	12.62	2.21	$10,284
Apr 1998	0	4,628	13.04	2.51	$11,595
Mar 1998	0	5,359	12.80	2.31	$12,376
Feb 1998	0	5,225	13.95	2.30	$12,013
Jan 1998	0	6,049	14.70	2.15	$13,034
Dec 1997	0	6,467	16.32	2.41	$15,593
Nov 1997	0	5,994	18.19	3.09	$18,511
Oct 1997	166	6,052	19.25	3.15	$22,258
Sep 1997	0	1,879	17.74	2.95	$5,552
Aug 1997	0	2,187	17.86	2.55	$5,587
Jul 1997	0	2,480	17.58	2.25	$5,572
Jun 1997	0	2,594	17.24	2.26	$5,855
May 1997	0	2,560	18.97	2.31	$5,910
Apr 1997	0	3,300	17.88	2.08	$6,873
Mar 1997	0	4,021	18.95	1.94	$7,797
Feb 1997	0	3,435	20.49	2.21	$7,577
Jan 1997	0	4,170	23.48	3.54	$14,761
Dec 1996	0	4,740	23.32	—	$0
Nov 1996	0	4,560	21.97	—	$0
Oct 1996	0	5,251	23.31	—	$0
Sep 1996	0	4,816	22.22	—	$0
Aug 1996	0	5,286	20.26	—	$0
Jul 1996	0	5,244	19.55	—	$0
Jun 1996	0	5,223	18.73	—	$0
May 1996	0	5,066	19.43	—	$0
Apr 1996	0	5,444	21.51	—	$0
Mar 1996	0	5,502	19.38	—	$0
Feb 1996	0	6,400	16.98	—	$0
Jan 1996	0	6,850	17.07	—	$0
Dec 1995	0	6,328	17.19	—	$0
Nov 1995	0	3,485	16.00	—	$0
Oct 1995	0	3,477	15.43	—	$0
Sep 1995	0	5,603	16.18	—	$0
Aug 1995	0	5,664	15.92	—	$0
Jul 1995	0	6,661	15.24	—	$0
Jun 1995	0	5,980	16.41	—	$0
May 1995	0	6,039	17.56	—	$0
Apr 1995	0	5,748	17.73	—	$0
Mar 1995	0	5,865	16.44	—	$0
Feb 1995	0	5,681	16.58	—	$0
Jan 1995	0	5,873	15.92	—	$0
Dec 1994	0	6,697	15.03	—	$0
Nov 1994	0	6,307	15.90	—	$0
Oct 1994	0	6,490	15.58	—	$0
Sep 1994	0	5,697	15.29	—	$0
Aug 1994	0	5,649	16.13	—	$0
Jul 1994	0	5,473	17.56	—	$0
Jun 1994	0	6,033	17.09	—	$0
May 1994	0	6,415	15.88	—	$0
Apr 1994	0	6,578	14.14	—	$0
Mar 1994	0	7,035	12.46	—	$0
Feb 1994	0	6,627	12.50	—	$0
Jan 1994	0	7,168	12.66	—	$0
Dec 1993	70	7,308	12.33	—	$863
Nov 1993	0	6,942	14.49	—	$0
Oct 1993	6	7,016	15.85	—	$95
Sep 1993	0	4,152	15.03	—	$0
Aug 1993	0	2,568	15.66	—	$0
Jul 1993	0	3,836	15.46	—	$0
Jun 1993	0	956	16.79	—	$0
May 1993	0	2,461	17.68	—	$0
Apr 1993	0	4,020	18.05	—	$0
Mar 1993	0	3,973	18.14	—	$0
Feb 1993	4	4,129	17.90	—	$72
Jan 1993	0	6,006	16.93	—	$0

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.

Apr 2017 — as filed, then multipliedworked

Condensate             0 bbl  × $ 47.93 =         $0
Gas                    4 Mcf  × $  3.21 =        $13

────────────────────────────────────────────────────
Month total                                      $13

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. 08/G/135019 is the state's own key, not one this site invented.