IOWA REALTY TRUST

Operated by GRACE PETROLEUM OPERATING, LLC (P-5 319765) in the PECOS VALLEY (MCKEE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 20581District 08Field 70129696CondensateGasSaveExport
Value, all time
$2.6 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
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 16 leases and 16 wells, and the rule below applies to all of them.

Discovered
1951-03-29
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,867 ft
minimum
From a lease line
933 ft
minimum

A drilling unit in this field needs at least 160 acres.

The Commission's schedule remark for this field reads: MERIDIAN OIL COMPANY REQUEST

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
CondensateDisposition35 bbl$3,435
GasProduction811,438 Mcf$2,608,872
Total$2,612,306

191,092 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 31.1450, -102.8162. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.14495, -102.81616 · 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
no depth filed
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.

Completions filed
Mar 1951
1 of 1 wells

1 well

42-371033511Mar 1951

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 2022021294.529.13$1,935
Jul 20220899101.587.54$6,780
Jun 20220360115.097.98$2,872
May 20220988109.378.43$8,332
Apr 20220896104.226.84$6,126
Mar 202201,028108.885.08$5,219
Feb 2022072591.054.86$3,523
Jan 2022041881.844.54$1,897
Dec 202101,23971.323.90$4,831
Nov 2021089777.435.24$4,697
Oct 202101,02979.795.71$5,880
Sep 2021081169.865.35$4,340
Aug 202101,13266.024.22$4,778
Jul 202101,09370.783.98$4,352
Jun 202101,15069.493.38$3,888
May 202101,16863.483.02$3,525
Apr 2021097960.362.76$2,700
Mar 202101,26261.302.72$3,429
Feb 2021092557.805.55$5,132
Jan 202101,12750.412.81$3,167
Dec 202001,15944.642.68$3,101
Nov 202001,16938.772.71$3,164
Oct 202001,21036.972.48$2,999
Sep 202001,38137.091.99$2,750
Aug 202001,61139.982.39$3,842
Jul 202001,55438.371.83$2,836
Jun 202008934.901.69$150
May 202001,65516.921.81$3,003
Apr 202001,00214.751.80$1,808
Mar 202001,51130.341.86$2,805
Feb 202001,29349.881.98$2,561
Jan 202001,86157.252.09$3,898
Dec 201901,27259.012.30$2,931
Nov 201901,23855.302.75$3,405
Oct 201901,86153.472.42$4,501
Sep 201901,97355.052.66$5,243
Aug 201902,02053.112.30$4,655
Jul 201901,81356.272.46$4,460
Jun 201902,23152.782.49$5,558
May 201901,32658.482.74$3,634
Apr 201901,32862.632.75$3,653
Mar 201901,86856.803.06$5,720
Feb 201901,70750.852.79$4,766
Jan 201902,06646.033.23$6,669
Dec 201802,06646.594.19$8,647
Nov 201802,03152.934.24$8,606
Oct 201802,16061.443.40$7,340
Sep 201802,37359.543.11$7,375
Aug 201802,69459.403.07$8,261
Jul 201802,33765.142.93$6,852
Jun 201802,32660.183.08$7,157
May 201802,53665.382.90$7,356
Apr 201801,40263.842.90$4,067
Mar 201801,98161.222.79$5,521
Feb 201801,70161.782.77$4,705
Jan 201802,14862.874.01$8,612
Dec 201702,37057.272.92$6,924
Nov 201701,67055.423.12$5,208
Oct 201702,30049.292.98$6,862
Sep 201702,23347.523.09$6,894
Aug 201702,58545.373.00$7,766
Jul 201701,97943.873.09$6,110
Jun 201701,93642.493.09$5,977
May 201702,48545.373.26$8,110
Apr 201702,69247.933.21$8,646
Mar 201703,28946.772.98$9,813
Feb 2017086950.452.95$2,566
Jan 2017080849.413.42$2,762
Dec 2016059748.763.72$2,223
Nov 2016057742.492.64$1,526
Oct 2016059546.193.09$1,839
Sep 2016023241.553.10$719
Aug 2016057441.442.92$1,679
Jul 2016068241.622.92$1,994
Jun 2016015945.352.69$427
May 201602042.521.99$40
Apr 2016024136.561.99$480
Mar 2016076833.011.79$1,378
Feb 201609226.472.06$190
Jan 2016061427.352.36$1,452
Dec 201504632.362.00$92
Nov 201505638.792.17$121
Oct 2015013043.552.43$315
Sep 2015015442.992.76$425
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 2015017556.152.88$505
May 2015020855.212.96$615
Apr 2015017749.822.71$479
Mar 2015040642.892.93$1,191
Feb 2015087844.662.98$2,613
Jan 2015051443.433.10$1,594
Dec 2014086954.693.59$3,121
Nov 2014079370.464.25$3,372
Oct 201401,17078.303.90$4,564
Sep 2014071086.164.05$2,872
Aug 201401,01389.394.04$4,088
Jul 2014089996.564.18$3,757
Jun 2014083498.164.74$3,951
May 201401,38094.734.73$6,523
Apr 201401,22095.944.81$5,867
Mar 201401,44695.895.06$7,312
Feb 201401,33697.406.19$8,273
Jan 201401,96690.404.86$9,556
Dec 201301,28591.824.35$5,596
Nov 201301,32388.853.74$4,946
Oct 201301,61597.423.78$6,104
Sep 201301,949104.113.72$7,246
Aug 201301,535104.253.52$5,407
Jul 20130764102.523.72$2,840
Jun 2013045694.403.93$1,794
May 201301,07694.834.15$4,464
Apr 201301,26593.964.28$5,417
Mar 201301,26793.623.91$4,958
Feb 201301,08791.233.42$3,717
Jan 2013069791.603.42$2,384
Dec 2012047586.773.42$1,625
Nov 2012060286.953.62$2,182
Oct 201201,43189.383.40$4,865
Sep 201201,56894.672.92$4,576
Aug 201201,56892.662.91$4,560
Jul 201201,87085.133.02$5,649
Jun 201202,32479.822.52$5,854
May 201207291.612.49$179
Apr 20120415101.652.00$829
Mar 201201,189105.052.22$2,642
Feb 201201,173101.102.57$3,015
Jan 201201,29698.092.73$3,543
Dec 201101,41496.873.24$4,581
Nov 201101,18795.723.31$3,930
Oct 201101,13384.983.65$4,134
Sep 201101,24883.623.99$4,974
Aug 201101,43283.404.15$5,942
Jul 201101,53694.144.52$6,938
Jun 201101,55092.904.64$7,192
May 2011351,15598.134.40$8,522
Apr 20110825105.964.33$3,575
Mar 20110096.364.06$0
Feb 2011062685.644.18$2,617
Jan 2011096086.504.59$4,405
Dec 201001,18885.734.35$5,165
Nov 2010066780.843.80$2,531
Oct 201001,37878.103.51$4,835
Sep 201001,75872.633.98$6,996
Aug 201001,30173.684.42$5,750
Jul 201001,67272.554.74$7,919
Jun 201001,59270.364.91$7,817
May 201002,05871.124.24$8,716
Apr 201002,02681.694.12$8,353
Mar 201001,16178.394.39$5,095
Feb 201001,67573.585.44$9,116
Jan 201002,13974.365.96$12,757
Dec 200901,89871.445.48$10,408
Nov 200901,27574.593.75$4,783
Oct 200901,89572.544.11$7,789
Sep 200901,83765.543.06$5,630
Aug 200901,84667.423.22$5,941
Jul 200902,02961.133.46$7,029
Jun 200901,82366.163.90$7,101
May 200902,63754.743.93$10,352
Apr 200902,81646.773.59$10,102
Mar 200903,21842.144.06$13,062
Feb 200903,14232.814.63$14,557
Jan 200901,42835.865.37$7,670
Dec 20080037.105.98$0
Nov 200801,51655.496.86$10,400
Oct 200801,01775.246.92$7,040
Sep 200801,109101.767.88$8,736
Aug 200801,060114.228.48$8,992
Jul 200801,165131.0811.39$13,269
Jun 200801,090131.3313.03$14,206
May 200801,142123.1711.57$13,218
Apr 200801,178110.3110.45$12,316
Mar 200801,090101.909.66$10,534
Feb 2008096492.538.77$8,455
Jan 2008098690.388.21$8,091
Dec 200701,04588.337.30$7,631
Nov 200701,06191.677.29$7,736
Oct 200701,18282.856.92$8,182
Sep 200701,11775.846.24$6,975
Aug 200701,22369.066.39$7,812
Jul 200701,28770.906.39$8,221
Jun 200701,16962.007.55$8,824
May 200701,16758.747.85$9,157
Apr 20070059.617.81$0
Mar 200701,22156.927.30$8,916
Feb 200701,98755.108.22$16,325
Jan 2007090750.306.73$6,101
Dec 2006057756.656.92$3,992
Nov 200601,28854.207.62$9,811
Oct 200602,78654.906.01$16,754
Sep 200602,24760.085.04$11,319
Aug 200601,88068.717.34$13,799
Jul 200602,37769.376.34$15,077
Jun 200602,63566.286.38$16,822
May 200602,43766.016.42$15,658
Apr 200602,29164.397.36$16,863
Mar 200602,37756.707.08$16,836
Feb 200602,35757.597.75$18,269
Jan 200602,23060.598.93$19,921
Dec 200502,08654.9413.42$27,985
Nov 200502,22854.6910.59$23,591
Oct 200502,34158.3413.80$32,296
Sep 200502,14461.4512.08$25,897
Aug 200501,93361.519.80$18,937
Jul 200502,17555.697.84$17,060
Jun 200502,51852.337.38$18,585
May 200502,22745.226.65$14,812
Apr 200502,55549.207.36$18,806
Mar 200502,36850.377.15$16,943
Feb 200501,86445.226.31$11,765
Jan 200502,79043.166.32$17,639
Dec 200402,69839.866.75$18,214
Nov 200402,37245.286.33$15,016
Oct 200402,31449.706.52$15,076
Sep 200402,65043.245.28$14,002
Aug 200402,55642.375.55$14,187
Jul 200403,08838.286.08$18,788
Jun 200402,69536.106.43$17,337
May 200402,88537.486.49$18,737
Apr 200402,89134.475.86$16,937
Mar 200403,25834.365.53$18,017
Feb 200402,87332.455.51$15,829
Jan 200403,17632.036.30$20,008
Dec 200303,06730.266.30$19,327
Nov 200303,26328.804.60$14,994
Oct 200302,94328.174.76$14,008
Sep 200303,32426.314.75$15,787
Aug 200303,26529.765.13$16,749
Jul 200303,53429.415.17$18,274
Jun 200303,08928.565.98$18,481
May 200303,19926.595.97$19,107
Apr 200303,05826.675.41$16,535
Mar 200303,18631.146.10$19,422
Feb 200302,82033.487.93$22,351
Jan 200303,11930.315.58$17,410
Dec 200203,19726.914.85$15,517
Nov 200203,02324.664.14$12,506
Oct 200203,23126.464.23$13,664
Sep 200203,18527.443.64$11,578
Aug 200203,24925.963.16$10,280
Jul 200203,25724.583.06$9,972
Jun 200203,14923.733.34$10,512
May 200203,27924.663.58$11,752
Apr 200203,10623.653.51$10,909
Mar 200203,19322.003.10$9,907
Feb 200202,82118.222.38$6,702
Jan 200203,23117.172.38$7,676
Dec 200103,34616.932.36$7,911
Nov 200103,08218.072.41$7,414
Oct 200103,25019.782.53$8,219
Sep 200103,28924.262.25$7,405
Aug 200103,28924.873.05$10,042
Jul 200103,14223.933.20$10,045
Jun 200103,13224.563.82$11,977
May 200103,39225.524.31$14,610
Apr 200103,20724.685.34$17,110
Mar 200103,50024.545.38$18,818
Feb 200103,04227.755.77$17,543
Jan 200103,10427.478.40$26,070
Dec 200003,99926.889.12$36,481
Nov 200003,37132.215.66$19,073
Oct 200003,52931.235.15$18,158
Sep 200003,46631.875.19$17,976
Aug 200003,66829.644.54$16,655
Jul 200003,28128.534.09$13,418
Jun 200003,55029.304.40$15,610
May 200003,53127.263.68$12,993
Apr 200003,70924.513.12$11,557
Mar 200003,29828.422.86$9,431
Feb 200002,79327.622.73$7,615
Jan 200003,33725.272.48$8,277
Dec 199903,13224.282.42$7,591
Nov 199903,32723.192.43$8,098
Oct 199903,30420.982.80$9,263
Sep 199903,09421.752.62$8,103
Aug 199903,54419.262.88$10,191
Jul 199902,94217.892.37$6,980
Jun 199903,76515.942.36$8,893
May 199904,86015.792.32$11,280
Apr 199904,45815.102.21$9,843
Mar 199904,66312.471.84$8,572
Feb 199903,1909.981.82$5,799
Jan 199903,58810.381.90$6,817
Dec 199803,7199.201.77$6,595
Nov 199803,65210.892.19$7,982
Oct 199804,02912.421.97$7,934
Sep 199804,15312.592.08$8,649
Aug 199803,78211.301.91$7,214
Jul 199803,48011.742.24$7,786
Jun 199804,04611.242.24$9,052
May 199803,25412.622.21$7,179
Apr 199803,52013.042.51$8,819
Mar 199804,12012.802.31$9,515
Feb 199803,50613.952.30$8,061
Jan 199803,94614.702.15$8,503
Dec 199704,81316.322.41$11,605
Nov 199704,90918.193.09$15,160
Oct 199704,06119.253.15$12,791
Sep 199704,42417.742.95$13,072
Aug 199704,84617.862.55$12,380
Jul 199705,75217.582.25$12,924
Jun 199703,70217.242.26$8,356
May 199703,67818.972.31$8,491
Apr 199704,19617.882.08$8,739
Mar 199703,64618.951.94$7,070
Feb 199702,86120.492.21$6,311
Jan 199703,57423.483.54$12,651
Dec 199603,32823.32$0
Nov 199603,70221.97$0
Oct 199603,75423.31$0
Sep 199603,45822.22$0
Aug 199602,79820.26$0
Jul 199603,54719.55$0
Jun 199604,37318.73$0
May 199602,27219.43$0
Apr 199603,69021.51$0
Mar 199601,85619.38$0
Feb 199603,44916.98$0
Jan 199605,49117.07$0
Dec 199502,92617.19$0
Nov 199505,28716.00$0
Oct 199502,79715.43$0
Sep 199503,17016.18$0
Aug 199506,02915.92$0
Jul 199505,52915.24$0
Jun 199502,35116.41$0
May 199501,34117.56$0
Apr 199504,46817.73$0
Mar 199505,51316.44$0
Feb 199502,85616.58$0
Jan 199505,73915.92$0
Dec 199403,10715.03$0
Nov 199403,26715.90$0
Oct 199405,17615.58$0
Sep 199405,03515.29$0
Aug 199405,74416.13$0
Jul 199404,40217.56$0
Jun 199404,80217.09$0
May 199405,69215.88$0
Apr 199406,86214.14$0
Mar 199407,28512.46$0
Feb 199405,18312.50$0
Jan 199401,99812.66$0
Dec 1993015812.33$0
Nov 199301,94214.49$0
Oct 199306,85615.85$0
Sep 199303,68615.03$0
Aug 199305,30015.66$0
Jul 199304,74115.46$0
Jun 199301,77016.79$0
May 199303,78817.68$0
Apr 199307,03618.05$0
Mar 199302,13418.14$0
Feb 199302,78317.90$0
Jan 199302,62116.93$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.

Aug 2022 — as filed, then multipliedworked
Condensate             0 bbl  × $ 94.52 =         $0
Gas                  212 Mcf  × $  9.13 =     $1,935

────────────────────────────────────────────────────
Month total                                   $1,935

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/20581 is the state's own key, not one this site invented.