I R T 29

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

Gas lease lease 171902District 08Field 70129860CondensateGasSaveExport
Value, all time
$2.8 M
Jan 1999 – May 2026
Value, last 12 filed months
$51 k
at the published price for each month
Months reported
329
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1999-01-06
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: EXEMPT FIELD EFFECTIVE 7/1/17.

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
CondensateDisposition23,570 bbl$1,294,754
GasProduction352,696 Mcf$1,529,065
Total$2,823,819

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 31.1509, -102.7940. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.15094, -102.79404 · 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
7,087 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 7,087 ft.

Completions filed
Jan 1999
1 of 1 wells

1 well

42-3713686617,087 ftJan 1999

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 (329)

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

329 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 2026171089.753.15$15,347
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 2025174056.664.41$9,859
Nov 20250058.593.93$0
Oct 2025167059.383.30$9,916
Sep 20250062.743.08$0
Aug 2025013463.933.01$404
Jul 202517251066.743.32$13,170
Jun 2025059366.483.13$1,855
May 2025021160.553.23$682
Apr 202517457862.363.54$12,899
Mar 2025080467.704.27$3,432
Feb 2025072470.884.34$3,143
Jan 202517660874.324.28$15,682
Dec 20240068.993.12$0
Nov 202416862769.052.20$12,979
Oct 2024081271.372.28$1,853
Sep 202417381169.612.36$13,960
Aug 2024066675.632.06$1,374
Jul 20241623579.932.15$13,024
Jun 2024075478.082.63$1,986
May 2024088478.812.20$1,943
Apr 20241561,16484.451.66$15,106
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 2023142071.262.61$10,119
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 2022056376.415.73$3,225
Nov 2022131285.005.65$11,146
Oct 2022035387.185.86$2,070
Sep 2022042584.888.16$3,470
Aug 20221649194.529.13$16,332
Jul 20220262101.587.54$1,976
Jun 20220389115.097.98$3,103
May 20220709109.378.43$5,979
Apr 2022170585104.226.84$21,717
Mar 202200108.885.08$0
Feb 2022059691.054.86$2,896
Jan 202216177181.844.54$16,675
Dec 2021097271.323.90$3,790
Nov 202118571277.435.24$18,053
Oct 2021089979.795.71$5,137
Sep 2021087569.865.35$4,682
Aug 202116790466.024.22$14,841
Jul 2021067270.783.98$2,676
Jun 2021054969.493.38$1,856
May 202114420463.483.02$9,757
Apr 2021058460.362.76$1,611
Mar 2021045161.302.72$1,225
Feb 202117428257.805.55$11,622
Jan 2021065050.412.81$1,827
Dec 2020064044.642.68$1,712
Nov 202016860538.772.71$8,151
Oct 2020090636.972.48$2,245
Sep 2020085637.091.99$1,704
Aug 202016386639.982.39$8,582
Jul 2020069538.371.83$1,268
Jun 2020056834.901.69$960
May 202016569916.921.81$4,060
Apr 2020092514.751.80$1,669
Mar 2020094330.341.86$1,750
Feb 202017190049.881.98$10,312
Jan 2020049257.252.09$1,031
Dec 2019081459.012.30$1,876
Nov 201917288955.302.75$11,957
Oct 2019069753.472.42$1,686
Sep 201916243255.052.66$10,066
Aug 2019094253.112.30$2,171
Jul 2019040156.272.46$986
Jun 201916365252.782.49$10,227
May 2019033758.482.74$923
Apr 2019084262.632.75$2,316
Mar 201916966456.803.06$11,632
Feb 2019087150.852.79$2,432
Jan 201916584846.033.23$10,332
Dec 2018098346.594.19$4,114
Nov 2018034152.934.24$1,445
Oct 201817669961.443.40$13,189
Sep 2018061259.543.11$1,902
Aug 2018096459.403.07$2,956
Jul 201817798265.142.93$14,409
Jun 2018091160.183.08$2,803
May 201816996865.382.90$13,857
Apr 2018084963.842.90$2,463
Mar 2018093161.222.79$2,595
Feb 201816481861.782.77$12,395
Jan 2018083662.874.01$3,352
Dec 2017087657.272.92$2,559
Nov 201719184755.423.12$13,226
Oct 2017094449.292.98$2,817
Sep 2017092947.523.09$2,868
Aug 201717572245.373.00$10,109
Jul 2017095843.873.09$2,958
Jun 2017087142.493.09$2,689
May 201717186545.373.26$10,581
Apr 2017094447.933.21$3,032
Mar 2017097546.772.98$2,909
Feb 2017088150.452.95$2,601
Jan 2017093249.413.42$3,186
Dec 201616771448.763.72$10,801
Nov 2016095042.492.64$2,512
Oct 2016098346.193.09$3,038
Sep 2016085341.553.10$2,645
Aug 201616499141.442.92$9,694
Jul 2016097641.622.92$2,854
Jun 2016096345.352.69$2,586
May 2016099542.521.99$1,981
Apr 2016054836.561.99$1,091
Mar 201617699133.011.79$7,588
Feb 2016087426.472.06$1,804
Jan 2016087727.352.36$2,074
Dec 2015096232.362.00$1,925
Nov 201516397138.792.17$8,427
Oct 2015160543.552.43$1,512
Sep 2015669942.992.76$2,186
Aug 20151689240.162.87$3,205
Jul 20151831,03848.152.95$11,868
Jun 2015090456.152.88$2,606
May 2015086055.212.96$2,542
Apr 2015290449.822.71$2,546
Mar 201517789842.892.93$10,227
Feb 2015070444.662.98$2,095
Jan 2015186243.433.10$2,716
Dec 201417385054.693.59$12,514
Nov 2014081170.464.25$3,448
Oct 2014090978.303.90$3,546
Sep 2014079286.164.05$3,204
Aug 201418894189.394.04$20,602
Jul 2014194996.564.18$4,063
Jun 2014089598.164.74$4,240
May 2014074494.734.73$3,517
Apr 201419161495.944.81$21,277
Mar 2014095495.895.06$4,824
Feb 2014085397.406.19$5,282
Jan 201414993390.404.86$18,005
Dec 2013091991.824.35$4,002
Nov 201317388388.853.74$18,672
Oct 2013093397.423.78$3,526
Sep 2013169623104.113.72$19,911
Aug 20130954104.253.52$3,361
Jul 20130948102.523.72$3,524
Jun 201316890294.403.93$19,407
May 2013096294.834.15$3,991
Apr 2013032593.964.28$1,392
Mar 201317262193.623.91$18,533
Feb 2013086891.233.42$2,968
Jan 2013095891.603.42$3,276
Dec 201219491286.773.42$19,953
Nov 201204686.953.62$167
Oct 2012045689.383.40$1,550
Sep 201220094094.672.92$21,677
Aug 2012096992.662.91$2,818
Jul 2012098185.133.02$2,963
Jun 2012095179.822.52$2,396
May 201218297691.612.49$19,102
Apr 2012193951101.652.00$21,517
Mar 201201,004105.052.22$2,231
Feb 20120948101.102.57$2,437
Jan 201201,00798.092.73$2,753
Dec 20111841,00496.873.24$21,077
Nov 2011096295.723.31$3,185
Oct 201119394784.983.65$19,856
Sep 2011089183.623.99$3,551
Aug 2011096783.404.15$4,012
Jul 201118895394.144.52$22,003
Jun 2011084692.904.64$3,925
May 2011064098.134.40$2,819
Apr 2011189515105.964.33$22,258
Mar 201101,10896.364.06$4,496
Feb 201113288285.644.18$14,991
Jan 201101,06486.504.59$4,882
Dec 20101881,06085.734.35$20,726
Nov 201001,02280.843.80$3,879
Oct 20101651,06078.103.51$16,606
Sep 201001,02772.633.98$4,087
Aug 201001,06573.684.42$4,707
Jul 20101831,08772.554.74$18,425
Jun 201001,04070.364.91$5,107
May 20101841,11471.124.24$17,804
Apr 201001,08381.694.12$4,465
Mar 20101851,10878.394.39$19,365
Feb 201001,03073.585.44$5,606
Jan 201017997974.365.96$19,149
Dec 200901,05871.445.48$5,802
Nov 200901,07674.593.75$4,037
Oct 20091261,12672.544.11$13,768
Sep 200901,07265.543.06$3,285
Aug 200918799067.423.22$15,794
Jul 200901,12561.133.46$3,898
Jun 20091891,08966.163.90$16,746
May 200901,13154.743.93$4,440
Apr 20091791,06146.773.59$12,178
Mar 2009051942.144.06$2,107
Feb 200917389332.814.63$9,813
Jan 200901,13235.865.37$6,080
Dec 200801,08237.105.98$6,467
Nov 20081811,08955.496.86$17,515
Oct 200801,10375.246.92$7,635
Sep 2008195839101.767.88$26,452
Aug 200801,141114.228.48$9,679
Jul 200801,161131.0811.39$13,223
Jun 2008197696131.3313.03$34,943
May 200801,198123.1711.57$13,866
Apr 20081981,187110.3110.45$34,251
Mar 200801,250101.909.66$12,080
Feb 200817649792.538.77$20,644
Jan 200801,28890.388.21$10,569
Dec 200701,10588.337.30$8,069
Nov 20071911,02791.677.29$24,998
Oct 200701,17082.856.92$8,099
Sep 20071861,14975.846.24$21,281
Aug 200701,22269.066.39$7,806
Jul 200701,11270.906.39$7,103
Jun 20071861,18162.007.55$20,447
May 200701,21358.747.85$9,518
Apr 200701,01959.617.81$7,954
Mar 20073301,15256.927.30$27,195
Feb 200701,11855.108.22$9,185
Jan 20071951,33850.306.73$18,809
Dec 200601,04756.656.92$7,244
Nov 2006042654.207.62$3,245
Oct 20061821,06254.906.01$16,378
Sep 2006083360.085.04$4,196
Aug 20061921,06268.717.34$20,987
Jul 200601,26869.376.34$8,043
Jun 20061841,18466.286.38$19,754
May 200601,44566.016.42$9,284
Apr 200601,00764.397.36$7,412
Mar 200601,19256.707.08$8,443
Feb 20061941,26557.597.75$20,978
Jan 200601,39060.598.93$12,417
Dec 2005091654.9413.42$12,289
Nov 200513897654.6910.59$17,882
Oct 200501,27358.3413.80$17,562
Sep 20051821,24661.4512.08$26,234
Aug 200501,16061.519.80$11,364
Jul 20051931,26655.697.84$20,678
Jun 200501,26452.337.38$9,330
May 20051901,33245.226.65$17,451
Apr 200501,40449.207.36$10,334
Mar 20051941,41150.377.15$19,867
Feb 2005057945.226.31$3,655
Jan 200501,30643.166.32$8,257
Dec 20041891,24439.866.75$15,932
Nov 200401,26845.286.33$8,027
Oct 20041951,33549.706.52$18,389
Sep 200401,30843.245.28$6,911
Aug 200401,36842.375.55$7,593
Jul 20041921,36538.286.08$15,655
Jun 200401,26636.106.43$8,144
May 20041952,66637.486.49$24,623
Apr 200401,29134.475.86$7,563
Mar 20041871,34534.365.53$13,863
Feb 200401,25932.455.51$6,937
Jan 20041971,17432.036.30$13,706
Dec 200301,38330.266.30$8,715
Nov 20031981,36428.804.60$11,970
Oct 200301,37628.174.76$6,549
Sep 20031891,34326.314.75$11,351
Aug 200301,45629.765.13$7,469
Jul 200301,46829.415.17$7,591
Jun 20031871,15528.565.98$12,251
May 200301,41526.595.97$8,451
Apr 20031971,44926.675.41$13,089
Mar 200301,49831.146.10$9,132
Feb 20031931,07433.487.93$14,974
Jan 200301,49930.315.58$8,367
Dec 20021931,50726.914.85$12,508
Nov 20021941,50524.664.14$11,010
Oct 200201,56426.464.23$6,614
Sep 200201,50327.443.64$5,464
Aug 20021961,58225.963.16$10,094
Jul 200201,60624.583.06$4,917
Jun 20021961,47123.733.34$9,562
May 20021911,51124.663.58$10,125
Apr 200201,60923.653.51$5,651
Mar 20021971,75422.003.10$9,776
Feb 200201,61618.222.38$3,839
Jan 20021971,80517.172.38$7,671
Dec 200101,81016.932.36$4,280
Nov 20011831,70818.072.41$7,415
Oct 200101,83719.782.53$4,646
Sep 20011771,80024.262.25$8,346
Aug 20011881,90424.873.05$10,489
Jul 200101,70423.933.20$5,448
Jun 20011661,05724.563.82$8,119
May 20011781,97025.524.31$13,028
Apr 200101,95024.685.34$10,404
Mar 20011862,01224.545.38$15,382
Feb 20011711,86627.755.77$15,507
Jan 200102,09627.478.40$17,604
Dec 20001942,12226.889.12$24,573
Nov 20001942,13232.215.66$18,312
Oct 200002,26031.235.15$11,629
Sep 20001892,23031.875.19$17,589
Aug 200001,53329.644.54$6,961
Jul 20001712,40928.534.09$14,731
Jun 20001902,43929.304.40$16,292
May 200002,43527.263.68$8,960
Apr 20001612,51124.513.12$11,770
Mar 20001802,58028.422.86$12,494
Feb 20001912,57527.622.73$12,296
Jan 200002,85325.272.48$7,077
Dec 19991912,92524.282.42$11,727
Nov 19991732,94523.192.43$11,180
Oct 19991873,14420.982.80$12,738
Sep 19991813,26221.752.62$12,479
Aug 199903,12119.262.88$8,975
Jul 19993483,61917.892.37$14,811
Jun 199903,51015.942.36$8,291
May 19993594,49515.792.32$16,102
Apr 199904,56215.102.21$10,073
Mar 19991805,32512.471.84$12,034
Feb 19991794,7069.981.82$10,341
Jan 199917,67710.381.90$14,596

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           171 bbl  × $ 89.75 =    $15,347
Gas                    0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                  $15,347

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/171902 is the state's own key, not one this site invented.