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IRON MIKE 40NE

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 47506District 08Field 98359800Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$29.2 M
Jan 2016 – May 2026
Value, last 12 filed months
$1.9 M
at the published price for each month
Months reported
125
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
OilDisposition440,075 bbl$23,222,171
Casinghead gasProduction1,825,872 Mcf$5,992,957
Total$29,215,127

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 31.0975, -103.3057. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.09749, -103.30568 · 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
10,463 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 10,463 ft.

Completions filed
Jan 2016
1 of 1 wells

1 well

42-389348061H10,463 ftJan 2016——

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 (125)

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

125 months

May 20261,39524,664106.413.05$223,565
Apr 202681610,20798.932.87$110,018
Mar 20261,30713,80089.753.15$160,766
Feb 20261,13511,33163.503.75$114,567
Jan 20261,58319,09759.138.00$246,339
Dec 20258828,73656.664.41$88,529
Nov 20251,34013,92558.593.93$133,186
Oct 20251,33017,16359.383.30$135,696
Sep 20251,39718,03462.743.08$143,137
Aug 20251,43120,56363.933.01$153,476
Jul 20251,53520,87666.743.32$171,654
Jun 20251,37324,91166.483.13$169,217
May 20251,14914,96460.553.23$117,940
Apr 20251,43313,11562.363.54$135,830
Mar 20252,14011,63667.704.27$194,544
Feb 20251,44310,53070.884.34$147,989
Jan 202516074.324.28$1,189
Dec 20241,41912,71368.993.12$137,579
Nov 20241,73014,24269.052.20$150,767
Oct 20241,22924,76971.372.28$144,222
Sep 20241,18515,88069.612.36$120,034
Aug 20241,02112,52775.632.06$103,069
Jul 202457612,92579.932.15$73,784
Jun 202498024,34378.082.63$140,637
May 202495917,30578.812.20$113,623
Apr 20241,15613,08384.451.66$119,332
Mar 20241,25127,46680.301.55$142,894
Feb 20241,29631,10176.091.78$154,086
Jan 20243762,13573.023.30$34,496
Dec 20233287,09471.262.61$41,894
Nov 20231,15123,36077.892.81$155,236
Oct 20231,11741,27285.443.09$222,855
Sep 20231,36328,75789.042.74$200,013
Aug 202390633,91780.522.67$163,607
Jul 20231,29224,83874.852.64$162,323
Jun 20231,41219,54168.962.26$141,504
May 20231,36315,61870.622.23$131,043
Apr 20232,05716,88378.122.24$198,473
Mar 20232,57719,40472.852.39$234,171
Feb 20231,82914,95875.112.47$174,258
Jan 20232,1938,29976.533.39$195,945
Dec 20222,4488,52676.415.73$235,898
Nov 20223,75212,02285.005.65$386,799
Oct 20222,4619,50487.185.86$270,279
Sep 20227646,61984.888.16$118,884
Aug 20221,93219,14294.529.13$357,325
Jul 20222,49821,565101.587.54$416,392
Jun 20222,90028,673115.097.98$562,491
May 20221,97014,886109.378.43$340,993
Apr 20221,73913,747104.226.84$275,235
Mar 20222,58816,361108.885.08$364,836
Feb 20222,2288,31791.054.86$243,270
Jan 20222,5848,86381.844.54$251,692
Dec 20212,5679,54271.323.90$220,284
Nov 20212,8009,38477.435.24$265,947
Oct 20211,21215,26179.795.71$183,905
Sep 20212,5989,77469.865.35$233,796
Aug 20212,63012,77866.024.22$227,563
Jul 20213,11312,36770.783.98$269,585
Jun 20213,15012,50669.493.38$261,172
May 20211,5627,43963.483.02$121,604
Apr 20211,00046960.362.76$61,654
Mar 202183876961.302.72$53,459
Feb 20214981,06057.805.55$34,665
Jan 20211,3301,59650.412.81$71,530
Dec 20201,2295,64444.642.68$69,963
Nov 20201,9584,20538.772.71$87,293
Oct 20201,6932,88236.972.48$69,733
Sep 20201,6856,14437.091.99$74,730
Aug 20201,7901,60739.982.39$75,397
Jul 20201,9551,97338.371.83$78,614
Jun 20202,1585,95334.901.69$85,377
May 20202,8377,49516.921.81$61,604
Apr 20202,2805,85914.751.80$44,202
Mar 20202,7927,27130.341.86$98,206
Feb 20202,3866,72449.881.98$132,332
Jan 20202,3644,58857.252.09$144,950
Dec 20192,6476,86259.012.30$172,012
Nov 20193,55822,38055.302.75$258,318
Oct 20192,5276,69953.472.42$151,320
Sep 20192,06222,56455.052.66$173,472
Aug 20193,16130,77653.112.30$238,800
Jul 20192,6616,83356.272.46$166,544
Jun 20192,02625,70852.782.49$170,976
May 20192,70113,21858.482.74$194,176
Apr 20193,85415,96762.632.75$285,296
Mar 20193,4063,08956.803.06$202,920
Feb 20192,4865,75350.852.79$142,477
Jan 20192,7809,05146.033.23$157,182
Dec 20183,74314,46246.594.19$234,916
Nov 20184,24512,37652.934.24$277,128
Oct 20184,67310,87561.443.40$324,063
Sep 20183,73010,85759.543.11$255,828
Aug 20184,30110,80759.403.07$288,620
Jul 20184,57011,65665.142.93$331,864
Jun 20184,97510,21160.183.08$330,814
May 20185,78317,63365.382.90$429,242
Apr 20184,57811,37563.842.90$325,256
Mar 20184,3999,94461.222.79$297,019
Feb 20183,57710,48361.782.77$249,984
Jan 20184,54511,49562.874.01$331,831
Dec 20174,98511,03457.272.92$317,727
Nov 20174,11313,18255.423.12$269,049
Oct 20175,07914,32649.292.98$293,088
Sep 20175,25414,41047.523.09$294,158
Aug 20175,80417,25645.373.00$315,171
Jul 20175,92917,97043.873.09$315,584
Jun 20176,72818,23042.493.09$342,154
May 20177,62412,34545.373.26$386,188
Apr 20175,31810,02247.933.21$287,078
Mar 20172,9097,35746.772.98$158,005
Feb 20175,62314,31950.452.95$325,959
Jan 20177,26518,50649.413.42$422,232
Dec 20168,47319,87848.763.72$487,146
Nov 20168,80021,02642.492.64$429,512
Oct 20169,13523,02246.193.09$493,090
Sep 201610,25024,53241.553.10$501,952
Aug 201611,66727,64841.442.92$564,333
Jul 201611,82127,42941.622.92$572,202
Jun 201612,76228,02645.352.69$654,030
May 201614,44530,49942.521.99$674,926
Apr 201616,22731,35936.561.99$655,696
Mar 201618,18636,92033.011.79$666,555
Feb 201620,60834,30026.472.06$616,276
Jan 201615,3223,70527.352.36$427,817

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                1,395 bbl  × $106.41 =   $148,442
Casinghead gas    24,664 Mcf  × $  3.05 =    $75,123

────────────────────────────────────────────────────
Month total                                 $223,565

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/47506 is the state's own key, not one this site invented.