IOWA REALTY TRUST

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

Oil lease lease 27136District 08Field 70134166Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$751 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 6 leases and 7 wells, and the rule below applies to all of them.

Discovered
1963-11-19
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 register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition18,726 bbl$601,452
Casinghead gasProduction86,370 Mcf$149,899
Total$751,351

43,103 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 31.2096, -102.8003. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.20961, -102.80030 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
5,775 ft
1 wells filed one
Completion to plug
6.0 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 5,775 ft.

Completions filed
Sep 2016
1 of 1 wells
Plug dates filed
Sep 2022
1 of 1 wells

Last completion to plug: a median of 6.0 years across the 1 well that filed both dates, with the middle half between 6.0 years and 6.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3713367215,775 ftSep 2016Sep 2022Yes

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 2016144042.492.64$6,119
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 201602,09041.442.92$6,112
Jul 201601,73441.622.92$5,071
Jun 2016065845.352.69$1,767
May 2016010242.521.99$203
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 201697027.352.36$2,653
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 201502148.152.95$62
Jun 201504856.152.88$138
May 201514855.212.96$197
Apr 20151392349.822.71$6,987
Mar 201512342.892.93$110
Feb 201568644.662.98$524
Jan 2015312643.433.10$521
Dec 201414111954.693.59$8,139
Nov 2014017370.464.25$736
Oct 2014010678.303.90$414
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 2013079104.113.72$294
Aug 201312568104.253.52$13,271
Jul 2013069102.523.72$257
Jun 2013022594.403.93$885
May 201313819394.834.15$13,887
Apr 2013023093.964.28$985
Mar 2013224993.623.91$1,162
Feb 2013124391.233.42$922
Jan 20131509991.603.42$14,079
Dec 201202786.773.42$92
Nov 20121132386.953.62$2,127
Oct 201215627789.383.40$14,885
Sep 201215031394.672.92$15,114
Aug 20121092.662.91$93
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 20110085.644.18$0
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 20101526771.124.24$11,094
Apr 201016181.694.12$333
Mar 201049078.394.39$709
Feb 201069173.585.44$937
Jan 20101426074.365.96$10,917
Dec 200947771.445.48$708
Nov 200937274.593.75$494
Oct 20091359372.544.11$10,175
Sep 200906765.543.06$205
Aug 200922967.423.22$228
Jul 2009129061.133.46$7,886
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 2009142046.773.59$6,641
Mar 20094042.144.06$169
Feb 200903732.814.63$171
Jan 20091185535.865.37$4,527
Dec 200827437.105.98$517
Nov 20081445555.496.86$8,368
Oct 200846775.246.92$765
Sep 2008247101.767.88$574
Aug 200813951114.228.48$16,309
Jul 2008154131.0811.39$746
Jun 20081044131.3313.03$1,887
May 200814153123.1711.57$17,980
Apr 2008471110.3110.45$1,184
Mar 200814527101.909.66$15,036
Feb 20082092.538.77$185
Jan 20080090.388.21$0
Dec 2007139088.337.30$12,278
Nov 20070091.677.29$0
Oct 2007137682.856.92$11,392
Sep 20070475.846.24$25
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 2007134062.007.55$8,308
May 20070058.747.85$0
Apr 2007142059.617.81$8,465
Mar 200701456.927.30$102
Feb 200725755.108.22$579
Jan 20071385750.306.73$7,325
Dec 200604356.656.92$297
Nov 20060054.207.62$0
Oct 2006138054.906.01$7,576
Sep 200602360.085.04$116
Aug 200607868.717.34$573
Jul 20061457169.376.34$10,509
Jun 200605866.286.38$370
May 200606366.016.42$405
Apr 20061278164.397.36$8,774
Mar 200609556.707.08$673
Feb 20061429157.597.75$8,883
Jan 200629960.598.93$1,006
Dec 20051317954.9413.42$8,257
Nov 200507354.6910.59$773
Oct 20051427458.3413.80$9,305
Sep 200503161.4512.08$374
Aug 20050061.519.80$0
Jul 200533155.697.84$410
Jun 200504452.337.38$325
May 200513510145.226.65$6,776
Apr 200525349.207.36$489
Mar 200506050.377.15$429
Feb 20051391245.226.31$6,361
Jan 2005613343.166.32$1,100
Dec 20041409539.866.75$6,222
Nov 2004415945.286.33$1,188
Oct 200413013249.706.52$7,321
Sep 20041209643.245.28$5,696
Aug 2004011942.375.55$661
Jul 20041428338.286.08$5,941
Jun 2004011436.106.43$733
May 2004212837.486.49$906
Apr 20041365734.475.86$5,022
Mar 2004112034.365.53$698
Feb 200413310632.455.51$4,900
Jan 2004013532.036.30$850
Dec 200313412230.266.30$4,824
Nov 2003014028.804.60$643
Oct 200313212528.174.76$4,313
Sep 2003011026.314.75$522
Aug 200312914329.765.13$4,573
Jul 2003116029.415.17$857
Jun 200312916828.565.98$4,689
May 2003019326.595.97$1,153
Apr 200312918626.675.41$4,446
Mar 200339531.146.10$673
Feb 200314216733.487.93$6,078
Jan 2003223130.315.58$1,350
Dec 200214226026.914.85$5,083
Nov 2002123924.664.14$1,013
Oct 20021413226.464.23$3,866
Sep 200203827.443.64$138
Aug 20021366325.963.16$3,730
Jul 2002019824.583.06$606
Jun 200214221023.733.34$4,071
May 2002026424.663.58$946
Apr 200213128623.653.51$4,103
Mar 200214331422.003.10$4,120
Feb 2002030318.222.38$720
Jan 200214633017.172.38$3,291
Dec 2001035016.932.36$828
Nov 200114327318.072.41$3,241
Oct 2001035319.782.53$893
Sep 200114333924.262.25$4,232
Aug 200114017224.873.05$4,007
Jul 2001029323.933.20$937
Jun 200113926124.563.82$4,412
May 2001031225.524.31$1,344
Apr 200114131724.685.34$5,171
Mar 2001031024.545.38$1,667
Feb 200113329527.755.77$5,392
Jan 2001035227.478.40$2,956
Dec 200013430926.889.12$6,421
Nov 2000632632.215.66$2,038
Oct 200013743131.235.15$6,496
Sep 2000037331.875.19$1,935
Aug 200006329.644.54$286
Jul 20000028.534.09$0
Jun 200017024629.304.40$6,063
May 200016939527.263.68$6,060
Apr 2000739524.513.12$1,402
Mar 200015242628.422.86$5,538
Feb 20001640727.622.73$1,552
Jan 200013843525.272.48$4,566
Dec 199914244124.282.42$4,517
Nov 1999841023.192.43$1,183
Oct 199916443820.982.80$4,669
Sep 19991743021.752.62$1,496
Aug 199917044819.262.88$4,562
Jul 19991529017.892.37$956
Jun 199914136915.942.36$3,119
May 199912841715.792.32$2,989
Apr 19991845815.102.21$1,283
Mar 199910649312.471.84$2,228
Feb 19991184669.981.82$2,025
Jan 199915851510.381.90$2,619
Dec 199865239.201.77$983
Nov 199810846910.892.19$2,201
Oct 199817749912.421.97$3,181
Sep 1998549212.592.08$1,088
Aug 199812951311.301.91$2,436
Jul 199815852511.742.24$3,029
Jun 1998651811.242.24$1,226
May 19988955612.622.21$2,350
Apr 199810347413.042.51$2,531
Mar 199811660912.802.31$2,891
Feb 199816961113.952.30$3,762
Jan 1998542514.702.15$989
Dec 199711267316.322.41$3,451
Nov 199712063118.193.09$4,131
Oct 199711064919.253.15$4,162
Sep 199710466617.742.95$3,813
Aug 199710968117.862.55$3,687
Jul 199715370817.582.25$4,281
Jun 199715467817.242.26$4,185
May 1997564318.972.31$1,579
Apr 199723568017.882.08$5,618
Mar 1997169718.951.94$1,371
Feb 19979661420.492.21$3,321
Jan 199713077923.483.54$5,810
Dec 199624284323.32$5,643
Nov 19961745721.97$373
Oct 19968540523.31$1,981
Sep 199614635622.22$3,244
Aug 1996350020.26$61
Jul 19969896319.55$1,916
Jun 19969280518.73$1,723
May 199614378319.43$2,778
Apr 19968782921.51$1,871
Mar 199621165819.38$4,089
Feb 1996347516.98$51
Jan 199610075917.07$1,707
Dec 199512469117.19$2,132
Nov 199511685516.00$1,856
Oct 19951431,18215.43$2,206
Sep 19951161,22716.18$1,877
Aug 19951271,11015.92$2,022
Jul 19956653715.24$1,006
Jun 19959653416.41$1,575
May 199510682817.56$1,861
Apr 199511981817.73$2,110
Mar 199514892416.44$2,433
Feb 199512586316.58$2,073
Jan 199529999615.92$4,760
Dec 1994697215.03$90
Nov 199413197715.90$2,083
Oct 199430441315.58$4,736
Sep 1994699715.29$92
Aug 19941431,02016.13$2,307
Jul 199414374517.56$2,511
Jun 199414473117.09$2,461
May 199415397415.88$2,430
Apr 199413799114.14$1,937
Mar 19941611,15112.46$2,006
Feb 19941291,00712.50$1,613
Jan 199416998512.66$2,140
Dec 19931551,14912.33$1,911
Nov 19931641,12714.49$2,376
Oct 19931351,17615.85$2,140
Sep 199315584415.03$2,330
Aug 19931521,15615.66$2,380
Jul 19931671,04015.46$2,582
Jun 19931651,20516.79$2,770
May 19931631,02117.68$2,882
Apr 19931491,19318.05$2,689
Mar 19931401,38818.14$2,540
Feb 19931331,06317.90$2,381
Jan 19931601,38016.93$2,709

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.

Nov 2016 — as filed, then multipliedworked
Oil                  144 bbl  × $ 42.49 =     $6,119
Casinghead gas         0 Mcf  × $  2.64 =         $0

────────────────────────────────────────────────────
Month total                                   $6,119

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/O/27136 is the state's own key, not one this site invented.