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IRON MIKE 40SE

Operated by CRESCENT ENERGY OPERATING, LLC (P-5 103575) in the WOLFBONE (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 47353District 08Field 98359800Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$26.6 M
Oct 2015 – May 2026
Value, last 12 filed months
$477 k
at the published price for each month
Months reported
128
no gaps in the span
Streams
2
oil, casinghead gas

The WOLFBONE (TREND AREA) 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 1,266 leases and 2,377 wells, and the rule below applies to all of them.

Discovered
2010-11-30
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2015-04-08.

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.

The Commission's schedule remark for this field reads: “DESIGNATED AS UFT FIELD PER DOCKET 01-0299858”

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
OilDisposition486,993 bbl$23,348,839
Casinghead gasProduction1,069,417 Mcf$3,238,466
Total$26,587,304

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 31.0848, -103.3056. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.08480, -103.30562 · 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
10,584 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 10,584 ft.

Completions filed
Oct 2015
1 of 1 wells

1 well

42-389348072H10,584 ftOct 2015——

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 (128)

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

128 months

May 2026489934106.413.05$54,879
Apr 20265503,78298.932.87$65,265
Mar 20265352,85089.753.15$56,992
Feb 20262733,79563.503.75$31,568
Jan 2026246059.138.00$14,546
Dec 20253448,88256.664.41$58,691
Nov 20254619,50258.593.93$64,319
Oct 20254351,16159.383.30$29,667
Sep 20254721,14762.743.08$33,143
Aug 202517868163.933.01$13,433
Jul 20252723,34166.743.32$29,229
Jun 2025373066.483.13$24,797
May 20253672,91860.553.23$31,654
Apr 20254594,66162.363.54$45,138
Mar 20256024,96867.704.27$61,960
Feb 20255166,53870.884.34$64,954
Jan 20254004,98874.324.28$51,070
Dec 20245211,69568.993.12$41,235
Nov 20244413,12769.052.20$37,326
Oct 20244225,04771.372.28$41,632
Sep 20242776,25069.612.36$34,059
Aug 20246342,22175.632.06$52,533
Jul 20245134,90579.932.15$51,533
Jun 20244134,49478.082.63$44,084
May 20245533,92378.812.20$52,206
Apr 20244222,10784.451.66$39,134
Mar 20246974,34580.301.55$62,683
Feb 202459396176.091.78$46,835
Jan 20246581,36473.023.30$52,545
Dec 20236483,31471.262.61$54,828
Nov 20235182,54777.892.81$47,498
Oct 20235612,82085.443.09$56,638
Sep 20239997,04589.042.74$108,219
Aug 20231,23510,00180.522.67$126,174
Jul 20231,0778,70374.852.64$103,605
Jun 20237174,82268.962.26$60,335
May 20231,2446,80770.622.23$103,013
Apr 20231,0557,05178.122.24$98,195
Mar 20231,16111,43372.852.39$111,940
Feb 20237687,60375.112.47$76,431
Jan 20238661,34476.533.39$70,828
Dec 20221,0381,44176.415.73$87,569
Nov 20229842,14685.005.65$95,757
Oct 20227651,48287.185.86$75,383
Sep 20229601,56584.888.16$94,261
Aug 20221,3352,80994.529.13$151,822
Jul 20221,0582,700101.587.54$127,835
Jun 20228472,692115.097.98$118,956
May 20221,2352,883109.378.43$159,384
Apr 20221,8166,879104.226.84$236,299
Mar 20222,3857,708108.885.08$298,808
Feb 20222,0466,34491.054.86$217,113
Jan 20222,3639,93381.844.54$238,461
Dec 20212,3559,19471.323.90$203,807
Nov 20211,4295,46677.435.24$139,272
Oct 20217817,53979.795.71$105,393
Sep 20211,1469,94069.865.35$133,248
Aug 202189811,79866.024.22$109,080
Jul 20211,08011,27570.783.98$121,340
Jun 20211,35511,40169.493.38$132,701
May 20211,6914,04263.483.02$119,542
Apr 20211,87913,01460.362.76$149,315
Mar 20211,8087,25761.302.72$130,547
Feb 20211,3154,64657.805.55$101,783
Jan 20211,6143,82450.412.81$92,108
Dec 20201,4363,59544.642.68$73,721
Nov 20202,3354,36938.772.71$102,353
Oct 20201,7221,95036.972.48$68,495
Sep 20201,6642,63837.091.99$66,970
Aug 20202,01066139.982.39$81,936
Jul 20201,91584638.371.83$75,023
Jun 20202,0482,14034.901.69$75,092
May 20202,2282,93716.921.81$43,028
Apr 20201,9422,97114.751.80$34,005
Mar 20202,5223,87830.341.86$83,716
Feb 20202,1373,58549.881.98$113,694
Jan 20202,2833,81157.252.09$138,685
Dec 20192,0462,83659.012.30$127,270
Nov 20192,0596,81055.302.75$132,595
Oct 20191,8302,56953.472.42$104,063
Sep 20191,1916,39655.052.66$82,561
Aug 20191,8717,73553.112.30$117,193
Jul 20192,5312,52356.272.46$148,626
Jun 20192,2374,33452.782.49$128,866
May 20192,90936,01458.482.74$268,808
Apr 20192,66116,58562.632.75$212,279
Mar 20193,79910,09656.803.06$246,698
Feb 20194,12011,24650.852.79$240,903
Jan 20194,01318,22046.033.23$243,536
Dec 20184,85418,33746.594.19$302,896
Nov 20185,71719,09352.934.24$383,502
Oct 20186,02813,91061.443.40$417,628
Sep 20183,8756,97559.543.11$252,396
Aug 20184,6207,70659.403.07$298,059
Jul 20183,9862,46665.142.93$266,878
Jun 20184,6245,76260.183.08$296,002
May 20184,7597,78565.382.90$333,726
Apr 20185,4089,74363.842.90$373,509
Mar 20184,8717,59761.222.79$319,374
Feb 20186,7478,62561.782.77$440,687
Jan 20186,0949,32262.874.01$420,505
Dec 20175,8407,24557.272.92$355,623
Nov 20176,37210,16355.423.12$384,828
Oct 20175,8799,84849.292.98$319,159
Sep 20177,04810,69347.523.09$367,933
Aug 20177,33011,08145.373.00$365,854
Jul 20176,9349,56143.873.09$333,712
Jun 20177,03910,32642.493.09$330,966
May 20178,2409,15845.373.26$403,735
Apr 20179,14612,74647.933.21$479,303
Mar 20179,66213,93546.772.98$493,469
Feb 20176,5729,42350.452.95$359,380
Jan 20175,6539,43449.413.42$311,568
Dec 20169,00614,17448.763.72$491,900
Nov 20169,38115,10042.492.64$438,528
Oct 20169,63415,30346.193.09$492,285
Sep 20169,98515,93641.553.10$464,288
Aug 201611,41717,75841.442.92$525,051
Jul 201612,31919,03041.622.92$568,367
Jun 201613,10420,34945.352.69$648,920
May 201613,27724,59642.521.99$613,510
Apr 201616,09726,61736.561.99$641,502
Mar 201621,51830,44933.011.79$764,935
Feb 201619,26630,00726.472.06$571,894
Jan 201617,34735,77027.352.36$559,014
Dec 201531,56146,61532.362.00$1,114,610
Nov 201531,59234,42138.792.17$1,300,055
Oct 20155341,55843.552.43$27,036

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 2026 — as filed, then multipliedworked
Oil                  489 bbl  × $106.41 =    $52,034
Casinghead gas       934 Mcf  × $  3.05 =     $2,845

────────────────────────────────────────────────────
Month total                                  $54,879

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/47353 is the state's own key, not one this site invented.