IOWA REALTY TRUST "B"

Name: IOWA REALTY TRUST "B" 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, S. (DEVONIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 33242District 08Field 70134166Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$1.6 M

Jan 1993 – Aug 2019

Value, last 12 filed months

at the published price for each month

Months reported

320

no gaps in the span

Streams

oil, casinghead gas

The PECOS VALLEY, S. (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 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.

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	14,500 bbl	$663,000
Casinghead gas	Production	257,814 Mcf	$949,208
Total			$1,612,208

37,862 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 31.2174, -102.8043. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.21742, -102.80435 · 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

5,925 ft

1 wells filed one

Completion to plug

27.8 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 5,925 ft.

Completions filed

Aug 1991

1 of 1 wells

Plug dates filed

May 2019

1 of 1 wells

Last completion to plug: a median of 27.8 years across the 1 well that filed both dates, with the middle half between 27.8 years and 27.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-37133973	1	5,925 ft	Aug 1991	May 2019	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 (320)

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

320 months


Aug 2019	0	0	53.11	2.30	$0
Jul 2019	0	0	56.27	2.46	$0
Jun 2019	0	0	52.78	2.49	$0
May 2019	0	0	58.48	2.74	$0
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
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	118	0	42.49	3.09	$5,014
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	2	46.19	3.09	$6
Sep 2016	0	3	41.55	3.10	$9
Aug 2016	0	4	41.44	2.92	$12
Jul 2016	0	8	41.62	2.92	$23
Jun 2016	0	15	45.35	2.69	$40
May 2016	0	198	42.52	1.99	$394
Apr 2016	0	102	36.56	1.99	$203
Mar 2016	1	227	33.01	1.79	$440
Feb 2016	170	316	26.47	2.06	$5,152
Jan 2016	3	819	27.35	2.36	$2,018
Dec 2015	0	836	32.36	2.00	$1,673
Nov 2015	175	803	38.79	2.17	$8,529
Oct 2015	0	522	43.55	2.43	$1,267
Sep 2015	1	497	42.99	2.76	$1,414
Aug 2015	0	705	40.16	2.87	$2,025
Jul 2015	164	611	48.15	2.95	$9,696
Jun 2015	0	728	56.15	2.88	$2,099
May 2015	0	772	55.21	2.96	$2,282
Apr 2015	184	766	49.82	2.71	$11,240
Mar 2015	5	899	42.89	2.93	$2,853
Feb 2015	19	483	44.66	2.98	$2,286
Jan 2015	182	524	43.43	3.10	$9,529
Dec 2014	1	476	54.69	3.59	$1,764
Nov 2014	0	404	70.46	4.25	$1,718
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	174	588	86.16	4.05	$17,371
Aug 2014	0	575	89.39	4.04	$2,320
Jul 2014	0	567	96.56	4.18	$2,370
Jun 2014	151	576	98.16	4.74	$17,551
May 2014	0	504	94.73	4.73	$2,382
Apr 2014	193	353	95.94	4.81	$20,214
Mar 2014	0	521	95.89	5.06	$2,635
Feb 2014	167	299	97.40	6.19	$18,117
Jan 2014	0	288	90.40	4.86	$1,400
Dec 2013	0	13	91.82	4.35	$57
Nov 2013	163	74	88.85	3.74	$14,759
Oct 2013	0	157	97.42	3.78	$593
Sep 2013	0	172	104.11	3.72	$639
Aug 2013	0	386	104.25	3.52	$1,360
Jul 2013	0	521	102.52	3.72	$1,937
Jun 2013	0	1	94.40	3.93	$4
May 2013	166	0	94.83	4.15	$15,742
Apr 2013	0	199	93.96	4.28	$852
Mar 2013	175	195	93.62	3.91	$17,147
Feb 2013	0	168	91.23	3.42	$575
Jan 2013	0	201	91.60	3.42	$687
Dec 2012	0	186	86.77	3.42	$636
Nov 2012	0	32	86.95	3.62	$116
Oct 2012	0	35	89.38	3.40	$119
Sep 2012	145	44	94.67	2.92	$13,856
Aug 2012	0	69	92.66	2.91	$201
Jul 2012	0	126	85.13	3.02	$381
Jun 2012	170	107	79.82	2.52	$13,839
May 2012	0	92	91.61	2.49	$229
Apr 2012	0	89	101.65	2.00	$178
Mar 2012	194	111	105.05	2.22	$20,626
Feb 2012	0	103	101.10	2.57	$265
Jan 2012	0	155	98.09	2.73	$424
Dec 2011	0	104	96.87	3.24	$337
Nov 2011	294	129	95.72	3.31	$28,569
Oct 2011	0	141	84.98	3.65	$514
Sep 2011	0	192	83.62	3.99	$765
Aug 2011	0	66	83.40	4.15	$274
Jul 2011	182	134	94.14	4.52	$17,739
Jun 2011	0	122	92.90	4.64	$566
May 2011	0	87	98.13	4.40	$383
Apr 2011	0	79	105.96	4.33	$342
Mar 2011	183	127	96.36	4.06	$18,149
Feb 2011	0	149	85.64	4.18	$623
Jan 2011	0	168	86.50	4.59	$771
Dec 2010	0	242	85.73	4.35	$1,052
Nov 2010	180	191	80.84	3.80	$15,276
Oct 2010	0	266	78.10	3.51	$933
Sep 2010	182	123	72.63	3.98	$13,708
Aug 2010	0	202	73.68	4.42	$893
Jul 2010	0	234	72.55	4.74	$1,108
Jun 2010	0	191	70.36	4.91	$938
May 2010	0	188	71.12	4.24	$796
Apr 2010	177	96	81.69	4.12	$14,855
Mar 2010	0	107	78.39	4.39	$470
Feb 2010	0	34	73.58	5.44	$185
Jan 2010	0	41	74.36	5.96	$245
Dec 2009	0	37	71.44	5.48	$203
Nov 2009	0	101	74.59	3.75	$379
Oct 2009	181	285	72.54	4.11	$14,301
Sep 2009	0	99	65.54	3.06	$303
Aug 2009	8	174	67.42	3.22	$1,099
Jul 2009	0	336	61.13	3.46	$1,164
Jun 2009	0	313	66.16	3.90	$1,219
May 2009	0	232	54.74	3.93	$911
Apr 2009	170	228	46.77	3.59	$8,769
Mar 2009	0	59	42.14	4.06	$239
Feb 2009	0	217	32.81	4.63	$1,005
Jan 2009	193	404	35.86	5.37	$9,091
Dec 2008	0	9	37.10	5.98	$54
Nov 2008	0	16	55.49	6.86	$110
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	328	101.76	7.88	$2,584
Aug 2008	0	656	114.22	8.48	$5,565
Jul 2008	0	604	131.08	11.39	$6,879
Jun 2008	187	766	131.33	13.03	$34,542
May 2008	0	827	123.17	11.57	$9,572
Apr 2008	0	849	110.31	10.45	$8,876
Mar 2008	200	862	101.90	9.66	$28,710
Feb 2008	0	841	92.53	8.77	$7,376
Jan 2008	0	1,023	90.38	8.21	$8,394
Dec 2007	199	326	88.33	7.30	$19,958
Nov 2007	0	205	91.67	7.29	$1,495
Oct 2007	0	293	82.85	6.92	$2,028
Sep 2007	184	284	75.84	6.24	$15,728
Aug 2007	0	307	69.06	6.39	$1,961
Jul 2007	0	279	70.90	6.39	$1,782
Jun 2007	0	256	62.00	7.55	$1,932
May 2007	190	412	58.74	7.85	$14,393
Apr 2007	0	401	59.61	7.81	$3,130
Mar 2007	0	251	56.92	7.30	$1,833
Feb 2007	0	498	55.10	8.22	$4,092
Jan 2007	182	457	50.30	6.73	$12,229
Dec 2006	0	359	56.65	6.92	$2,484
Nov 2006	0	225	54.20	7.62	$1,714
Oct 2006	189	458	54.90	6.01	$13,130
Sep 2006	0	407	60.08	5.04	$2,050
Aug 2006	0	363	68.71	7.34	$2,664
Jul 2006	193	725	69.37	6.34	$17,987
Jun 2006	0	604	66.28	6.38	$3,856
May 2006	0	576	66.01	6.42	$3,701
Apr 2006	0	542	64.39	7.36	$3,989
Mar 2006	196	639	56.70	7.08	$15,639
Feb 2006	0	421	57.59	7.75	$3,263
Jan 2006	0	465	60.59	8.93	$4,154
Dec 2005	0	901	54.94	13.42	$12,087
Nov 2005	182	908	54.69	10.59	$19,568
Oct 2005	0	942	58.34	13.80	$12,996
Sep 2005	182	805	61.45	12.08	$20,908
Aug 2005	0	794	61.51	9.80	$7,779
Jul 2005	0	253	55.69	7.84	$1,984
Jun 2005	0	999	52.33	7.38	$7,374
May 2005	0	197	45.22	6.65	$1,310
Apr 2005	184	256	49.20	7.36	$10,937
Mar 2005	0	281	50.37	7.15	$2,011
Feb 2005	0	221	45.22	6.31	$1,395
Jan 2005	0	282	43.16	6.32	$1,783
Dec 2004	0	1,128	39.86	6.75	$7,615
Nov 2004	0	1,050	45.28	6.33	$6,647
Oct 2004	159	993	49.70	6.52	$14,372
Sep 2004	0	945	43.24	5.28	$4,993
Aug 2004	0	1,394	42.37	5.55	$7,738
Jul 2004	163	1,368	38.28	6.08	$14,563
Jun 2004	0	1,352	36.10	6.43	$8,697
May 2004	187	1,846	37.48	6.49	$18,998
Apr 2004	0	1,891	34.47	5.86	$11,078
Mar 2004	0	1,987	34.36	5.53	$10,988
Feb 2004	196	2,001	32.45	5.51	$17,385
Jan 2004	0	2,139	32.03	6.30	$13,475
Dec 2003	0	963	30.26	6.30	$6,068
Nov 2003	0	854	28.80	4.60	$3,924
Oct 2003	195	1,083	28.17	4.76	$10,648
Sep 2003	0	1,498	26.31	4.75	$7,115
Aug 2003	0	1,566	29.76	5.13	$8,033
Jul 2003	0	1,923	29.41	5.17	$9,944
Jun 2003	0	1,847	28.56	5.98	$11,051
May 2003	0	1,739	26.59	5.97	$10,386
Apr 2003	190	1,984	26.67	5.41	$15,795
Mar 2003	0	1,550	31.14	6.10	$9,449
Feb 2003	197	2,212	33.48	7.93	$24,128
Jan 2003	0	2,361	30.31	5.58	$13,179
Dec 2002	0	2,449	26.91	4.85	$11,887
Nov 2002	193	1,601	24.66	4.14	$11,383
Oct 2002	193	1,622	26.46	4.23	$11,966
Sep 2002	0	1,694	27.44	3.64	$6,158
Aug 2002	0	1,685	25.96	3.16	$5,332
Jul 2002	180	1,853	24.58	3.06	$10,098
Jun 2002	0	1,766	23.73	3.34	$5,895
May 2002	191	1,797	24.66	3.58	$11,151
Apr 2002	0	1,832	23.65	3.51	$6,435
Mar 2002	193	1,878	22.00	3.10	$10,073
Feb 2002	198	1,679	18.22	2.38	$7,596
Jan 2002	0	1,860	17.17	2.38	$4,419
Dec 2001	0	1,861	16.93	2.36	$4,400
Nov 2001	195	2,070	18.07	2.41	$8,503
Oct 2001	0	2,153	19.78	2.53	$5,445
Sep 2001	0	2,139	24.26	2.25	$4,816
Aug 2001	189	2,238	24.87	3.05	$11,533
Jul 2001	0	2,215	23.93	3.20	$7,082
Jun 2001	0	2,174	24.56	3.82	$8,314
May 2001	0	2,207	25.52	4.31	$9,506
Apr 2001	188	2,165	24.68	5.34	$16,191
Mar 2001	0	2,232	24.54	5.38	$12,000
Feb 2001	0	2,016	27.75	5.77	$11,626
Jan 2001	0	2,204	27.47	8.40	$18,511
Dec 2000	192	2,232	26.88	9.12	$25,522
Nov 2000	0	2,293	32.21	5.66	$12,974
Oct 2000	0	2,356	31.23	5.15	$12,123
Sep 2000	186	2,257	31.87	5.19	$17,634
Aug 2000	0	1,840	29.64	4.54	$8,355
Jul 2000	0	1,549	28.53	4.09	$6,335
Jun 2000	0	1,601	29.30	4.40	$7,040
May 2000	188	2,482	27.26	3.68	$14,258
Apr 2000	0	2,421	24.51	3.12	$7,544
Mar 2000	0	2,448	28.42	2.86	$7,001
Feb 2000	176	2,320	27.62	2.73	$11,187
Jan 2000	0	2,512	25.27	2.48	$6,231
Dec 1999	178	2,452	24.28	2.42	$10,265
Nov 1999	0	2,376	23.19	2.43	$5,783
Oct 1999	0	2,433	20.98	2.80	$6,821
Sep 1999	179	2,402	21.75	2.62	$10,184
Aug 1999	0	2,488	19.26	2.88	$7,154
Jul 1999	177	2,496	17.89	2.37	$9,088
Jun 1999	0	2,399	15.94	2.36	$5,667
May 1999	0	2,479	15.79	2.32	$5,754
Apr 1999	175	2,252	15.10	2.21	$7,615
Mar 1999	0	2,297	12.47	1.84	$4,223
Feb 1999	183	2,089	9.98	1.82	$5,624
Jan 1999	0	2,302	10.38	1.90	$4,374
Dec 1998	178	2,326	9.20	1.77	$5,762
Nov 1998	173	2,252	10.89	2.19	$6,806
Oct 1998	0	2,280	12.42	1.97	$4,490
Sep 1998	0	1,108	12.59	2.08	$2,308
Aug 1998	177	1,380	11.30	1.91	$4,632
Jul 1998	361	1,966	11.74	2.24	$8,637
Jun 1998	0	2,206	11.24	2.24	$4,935
May 1998	180	2,660	12.62	2.21	$8,140
Apr 1998	355	2,495	13.04	2.51	$10,880
Mar 1998	361	2,148	12.80	2.31	$9,581
Feb 1998	0	707	13.95	2.30	$1,625
Jan 1998	0	901	14.70	2.15	$1,941
Dec 1997	0	721	16.32	2.41	$1,738
Nov 1997	0	901	18.19	3.09	$2,783
Oct 1997	178	779	19.25	3.15	$5,880
Sep 1997	0	878	17.74	2.95	$2,594
Aug 1997	0	807	17.86	2.55	$2,062
Jul 1997	0	921	17.58	2.25	$2,069
Jun 1997	0	854	17.24	2.26	$1,928
May 1997	0	901	18.97	2.31	$2,080
Apr 1997	0	757	17.88	2.08	$1,577
Mar 1997	0	889	18.95	1.94	$1,724
Feb 1997	0	786	20.49	2.21	$1,734
Jan 1997	0	991	23.48	3.54	$3,508
Dec 1996	0	8	23.32	—	$0
Nov 1996	190	5	21.97	—	$4,174
Oct 1996	0	78	23.31	—	$0
Sep 1996	0	201	22.22	—	$0
Aug 1996	0	526	20.26	—	$0
Jul 1996	0	868	19.55	—	$0
Jun 1996	0	801	18.73	—	$0
May 1996	0	776	19.43	—	$0
Apr 1996	167	567	21.51	—	$3,592
Mar 1996	0	698	19.38	—	$0
Feb 1996	0	348	16.98	—	$0
Jan 1996	0	17	17.07	—	$0
Dec 1995	0	28	17.19	—	$0
Nov 1995	0	31	16.00	—	$0
Oct 1995	0	35	15.43	—	$0
Sep 1995	0	27	16.18	—	$0
Aug 1995	179	22	15.92	—	$2,850
Jul 1995	0	29	15.24	—	$0
Jun 1995	0	11	16.41	—	$0
May 1995	0	21	17.56	—	$0
Apr 1995	0	20	17.73	—	$0
Mar 1995	0	21	16.44	—	$0
Feb 1995	0	15	16.58	—	$0
Jan 1995	0	14	15.92	—	$0
Dec 1994	0	5	15.03	—	$0
Nov 1994	0	9	15.90	—	$0
Oct 1994	136	19	15.58	—	$2,119
Sep 1994	0	263	15.29	—	$0
Aug 1994	0	385	16.13	—	$0
Jul 1994	0	201	17.56	—	$0
Jun 1994	0	455	17.09	—	$0
May 1994	0	869	15.88	—	$0
Apr 1994	0	35	14.14	—	$0
Mar 1994	0	1,085	12.46	—	$0
Feb 1994	0	1,738	12.50	—	$0
Jan 1994	161	621	12.66	—	$2,038
Dec 1993	0	1,942	12.33	—	$0
Nov 1993	0	2,171	14.49	—	$0
Oct 1993	0	2,590	15.85	—	$0
Sep 1993	0	2,716	15.03	—	$0
Aug 1993	0	3,169	15.66	—	$0
Jul 1993	160	3,341	15.46	—	$2,474
Jun 1993	0	3,194	16.79	—	$0
May 1993	0	2,476	17.68	—	$0
Apr 1993	0	2,226	18.05	—	$0
Mar 1993	0	1,533	18.14	—	$0
Feb 1993	0	572	17.90	—	$0
Jan 1993	164	1,080	16.93	—	$2,777

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.

Jun 2017 — as filed, then multipliedworked

Oil                  118 bbl  × $ 42.49 =     $5,014
Casinghead gas         0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                   $5,014

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/33242 is the state's own key, not one this site invented.