IRT -21-

Name: IRT -21- lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by INCLINE ENERGY (P-5 423656) in the PECOS VALLEY (DEVONIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 28357District 08Field 70129116NGPA filingOilCasinghead gasSave Export

Value, all time

$1.2 M

Jan 1993 – Mar 2009

Value, last 12 filed months

at the published price for each month

Months reported

195

no gaps in the span

Streams

oil, casinghead gas

The PECOS VALLEY (DEVONIAN) 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 10 leases and 11 wells, and the rule below applies to all of them.

Discovered

1954-01-02

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

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	44,571 bbl	$1,034,250
Casinghead gas	Production	73,310 Mcf	$184,563
Total			$1,218,813

28,266 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 31.2095, -102.8055. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.20949, -102.80553 · 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

5,757 ft

1 wells filed one

Completion to plug

24.7 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 5,757 ft.

Completions filed

Sep 1983

1 of 1 wells

Plug dates filed

May 2008

1 of 1 wells

Last completion to plug: a median of 24.7 years across the 1 well that filed both dates, with the middle half between 24.7 years and 24.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-37134211	2	5,757 ft	Sep 1983	May 2008	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 (195)

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

195 months


Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	64	0	58.74	7.85	$3,759
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	12	69.37	6.34	$76
Jun 2006	3	67	66.28	6.38	$627
May 2006	0	179	66.01	6.42	$1,150
Apr 2006	182	392	64.39	7.36	$14,604
Mar 2006	185	434	56.70	7.08	$13,563
Feb 2006	367	308	57.59	7.75	$23,523
Jan 2006	187	341	60.59	8.93	$14,377
Dec 2005	187	361	54.94	13.42	$15,117
Nov 2005	187	357	54.69	10.59	$14,007
Oct 2005	179	303	58.34	13.80	$14,623
Sep 2005	366	242	61.45	12.08	$25,414
Aug 2005	0	298	61.51	9.80	$2,919
Jul 2005	185	76	55.69	7.84	$10,899
Jun 2005	185	300	52.33	7.38	$11,895
May 2005	171	301	45.22	6.65	$9,735
Apr 2005	173	299	49.20	7.36	$10,712
Mar 2005	365	324	50.37	7.15	$20,703
Feb 2005	0	155	45.22	6.31	$978
Jan 2005	188	313	43.16	6.32	$10,093
Dec 2004	190	305	39.86	6.75	$9,632
Nov 2004	187	294	45.28	6.33	$10,329
Oct 2004	356	313	49.70	6.52	$19,732
Sep 2004	0	308	43.24	5.28	$1,627
Aug 2004	183	312	42.37	5.55	$9,486
Jul 2004	182	326	38.28	6.08	$8,950
Jun 2004	182	307	36.10	6.43	$8,545
May 2004	182	334	37.48	6.49	$8,991
Apr 2004	187	301	34.47	5.86	$8,209
Mar 2004	179	312	34.36	5.53	$7,876
Feb 2004	344	292	32.45	5.51	$12,772
Jan 2004	187	310	32.03	6.30	$7,943
Dec 2003	187	317	30.26	6.30	$7,656
Nov 2003	346	306	28.80	4.60	$11,371
Oct 2003	172	223	28.17	4.76	$5,907
Sep 2003	350	309	26.31	4.75	$10,676
Aug 2003	357	341	29.76	5.13	$12,374
Jul 2003	0	338	29.41	5.17	$1,748
Jun 2003	171	304	28.56	5.98	$6,703
May 2003	370	311	26.59	5.97	$11,696
Apr 2003	181	282	26.67	5.41	$6,352
Mar 2003	367	255	31.14	6.10	$12,983
Feb 2003	188	279	33.48	7.93	$8,506
Jan 2003	185	30	30.31	5.58	$5,775
Dec 2002	355	313	26.91	4.85	$11,072
Nov 2002	170	613	24.66	4.14	$6,728
Oct 2002	184	617	26.46	4.23	$7,478
Sep 2002	366	605	27.44	3.64	$12,242
Aug 2002	355	624	25.96	3.16	$11,190
Jul 2002	344	616	24.58	3.06	$10,342
Jun 2002	176	603	23.73	3.34	$6,189
May 2002	343	622	24.66	3.58	$10,688
Apr 2002	526	598	23.65	3.51	$14,540
Mar 2002	529	619	22.00	3.10	$13,559
Feb 2002	186	282	18.22	2.38	$4,059
Jan 2002	170	311	17.17	2.38	$3,658
Dec 2001	176	309	16.93	2.36	$3,710
Nov 2001	167	295	18.07	2.41	$3,727
Oct 2001	191	303	19.78	2.53	$4,544
Sep 2001	360	301	24.26	2.25	$9,411
Aug 2001	167	308	24.87	3.05	$5,094
Jul 2001	175	284	23.93	3.20	$5,096
Jun 2001	164	277	24.56	3.82	$5,087
May 2001	327	306	25.52	4.31	$9,663
Apr 2001	170	299	24.68	5.34	$5,791
Mar 2001	354	312	24.54	5.38	$10,365
Feb 2001	175	282	27.75	5.77	$6,483
Jan 2001	170	309	27.47	8.40	$7,265
Dec 2000	369	314	26.88	9.12	$12,783
Nov 2000	162	342	32.21	5.66	$7,153
Oct 2000	352	358	31.23	5.15	$12,835
Sep 2000	169	325	31.87	5.19	$7,072
Aug 2000	326	253	29.64	4.54	$10,811
Jul 2000	180	357	28.53	4.09	$6,595
Jun 2000	359	361	29.30	4.40	$12,106
May 2000	180	372	27.26	3.68	$6,276
Apr 2000	354	366	24.51	3.12	$9,817
Mar 2000	177	286	28.42	2.86	$5,848
Feb 2000	337	400	27.62	2.73	$10,399
Jan 2000	184	449	25.27	2.48	$5,763
Dec 1999	371	534	24.28	2.42	$10,302
Nov 1999	172	490	23.19	2.43	$5,181
Oct 1999	172	335	20.98	2.80	$4,548
Sep 1999	347	332	21.75	2.62	$8,417
Aug 1999	175	391	19.26	2.88	$4,495
Jul 1999	154	382	17.89	2.37	$3,661
Jun 1999	179	432	15.94	2.36	$3,874
May 1999	180	369	15.79	2.32	$3,699
Apr 1999	180	378	15.10	2.21	$3,553
Mar 1999	321	341	12.47	1.84	$4,630
Feb 1999	184	375	9.98	1.82	$2,518
Jan 1999	167	492	10.38	1.90	$2,668
Dec 1998	162	348	9.20	1.77	$2,108
Nov 1998	321	466	10.89	2.19	$4,514
Oct 1998	172	570	12.42	1.97	$3,259
Sep 1998	165	271	12.59	2.08	$2,642
Aug 1998	324	492	11.30	1.91	$4,600
Jul 1998	168	533	11.74	2.24	$3,165
Jun 1998	310	538	11.24	2.24	$4,688
May 1998	3	527	12.62	2.21	$1,201
Apr 1998	332	538	13.04	2.51	$5,677
Mar 1998	161	584	12.80	2.31	$3,410
Feb 1998	327	493	13.95	2.30	$5,695
Jan 1998	326	598	14.70	2.15	$6,081
Dec 1997	154	622	16.32	2.41	$4,013
Nov 1997	487	611	18.19	3.09	$10,745
Oct 1997	164	638	19.25	3.15	$5,167
Sep 1997	329	683	17.74	2.95	$7,855
Aug 1997	164	741	17.86	2.55	$4,822
Jul 1997	548	769	17.58	2.25	$11,362
Jun 1997	164	723	17.24	2.26	$4,459
May 1997	362	773	18.97	2.31	$8,652
Apr 1997	371	730	17.88	2.08	$8,154
Mar 1997	644	765	18.95	1.94	$13,687
Feb 1997	0	344	20.49	2.21	$759
Jan 1997	169	574	23.48	3.54	$6,000
Dec 1996	345	589	23.32	—	$8,045
Nov 1996	155	608	21.97	—	$3,405
Oct 1996	327	533	23.31	—	$7,622
Sep 1996	319	571	22.22	—	$7,088
Aug 1996	443	573	20.26	—	$8,975
Jul 1996	326	600	19.55	—	$6,373
Jun 1996	317	416	18.73	—	$5,937
May 1996	312	31	19.43	—	$6,062
Apr 1996	306	447	21.51	—	$6,582
Mar 1996	328	681	19.38	—	$6,357
Feb 1996	336	490	16.98	—	$5,705
Jan 1996	334	684	17.07	—	$5,701
Dec 1995	573	609	17.19	—	$9,850
Nov 1995	160	498	16.00	—	$2,560
Oct 1995	329	781	15.43	—	$5,076
Sep 1995	505	807	16.18	—	$8,171
Aug 1995	494	887	15.92	—	$7,864
Jul 1995	333	880	15.24	—	$5,075
Jun 1995	497	896	16.41	—	$8,156
May 1995	496	872	17.56	—	$8,710
Apr 1995	544	909	17.73	—	$9,645
Mar 1995	175	442	16.44	—	$2,877
Feb 1995	322	444	16.58	—	$5,339
Jan 1995	323	457	15.92	—	$5,142
Dec 1994	337	508	15.03	—	$5,065
Nov 1994	497	535	15.90	—	$7,902
Oct 1994	163	587	15.58	—	$2,540
Sep 1994	317	633	15.29	—	$4,847
Aug 1994	439	507	16.13	—	$7,081
Jul 1994	520	523	17.56	—	$9,131
Jun 1994	322	419	17.09	—	$5,503
May 1994	339	660	15.88	—	$5,383
Apr 1994	342	421	14.14	—	$4,836
Mar 1994	633	434	12.46	—	$7,887
Feb 1994	164	273	12.50	—	$2,050
Jan 1994	535	261	12.66	—	$6,773
Dec 1993	337	744	12.33	—	$4,155
Nov 1993	318	736	14.49	—	$4,608
Oct 1993	468	915	15.85	—	$7,418
Sep 1993	499	901	15.03	—	$7,500
Aug 1993	511	912	15.66	—	$8,002
Jul 1993	509	1,048	15.46	—	$7,869
Jun 1993	512	969	16.79	—	$8,596
May 1993	805	1,132	17.68	—	$14,232
Apr 1993	0	140	18.05	—	$0
Mar 1993	140	109	18.14	—	$2,540
Feb 1993	143	70	17.90	—	$2,560
Jan 1993	337	124	16.93	—	$5,705

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.

May 2007 — as filed, then multipliedworked

Oil                   64 bbl  × $ 58.74 =     $3,759
Casinghead gas         0 Mcf  × $  7.85 =         $0

────────────────────────────────────────────────────
Month total                                   $3,759

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/28357 is the state's own key, not one this site invented.