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IRON MIKE 40SW

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 47730District 08Field 98359800Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$19.6 M
Apr 2016 – May 2026
Value, last 12 filed months
$609 k
at the published price for each month
Months reported
122
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
OilDisposition244,767 bbl$12,601,092
Casinghead gasProduction2,188,942 Mcf$7,036,334
Total$19,637,426

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 31.0847, -103.3534. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.08466, -103.35335 · 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
10,434 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 10,434 ft.

Completions filed
Apr 2016
1 of 1 wells

1 well

42-389348094H10,434 ftApr 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 (122)

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

122 months

May 20262947,848106.413.05$55,188
Apr 20262406,16698.932.87$41,438
Mar 20264817,06089.753.15$65,405
Feb 20265664,87163.503.75$54,209
Jan 2026482059.138.00$28,501
Dec 202551758556.664.41$31,875
Nov 20254541,20758.593.93$31,339
Oct 20253497,93859.383.30$46,957
Sep 20255417,55262.743.08$57,179
Aug 202531810,68263.933.01$52,533
Jul 20255718,44166.743.32$66,092
Jun 202564011,31766.483.13$77,955
May 20254128,78360.553.23$53,336
Apr 20254415,89162.363.54$48,373
Mar 20255486,03467.704.27$62,855
Feb 20253913,50070.884.34$42,907
Jan 20253473,73074.324.28$41,749
Dec 202461310,35068.993.12$74,597
Nov 20244918,78469.052.20$53,215
Oct 20247527,81171.372.28$71,490
Sep 20245655,29569.612.36$51,849
Aug 202462010,88675.632.06$69,355
Jul 20243255,42079.932.15$37,612
Jun 20243236,57378.082.63$42,533
May 20244455,70278.812.20$47,606
Apr 20242564,44184.451.66$28,988
Mar 2024493080.301.55$39,588
Feb 20244032,54176.091.78$35,197
Jan 20243905,23473.023.30$45,738
Dec 20234075,57771.262.61$43,563
Nov 20234315,29577.892.81$48,437
Oct 202327410,93885.443.09$57,179
Sep 20233076,72189.042.74$45,717
Aug 20233137,40380.522.67$44,990
Jul 202327710,66274.852.64$48,900
Jun 20231553,38168.962.26$18,325
May 20232796,73570.622.23$34,705
Apr 20233164,74378.122.24$35,300
Mar 202342494872.852.39$33,157
Feb 20236682,57675.112.47$56,525
Jan 20236028,42876.533.39$74,623
Dec 20224388,97176.415.73$84,863
Nov 20225898,34685.005.65$97,188
Oct 202256710,04687.185.86$108,338
Sep 202250312,24884.888.16$142,683
Aug 20221,02411,24694.529.13$199,433
Jul 202272410,356101.587.54$151,650
Jun 20223779,649115.097.98$120,361
May 20221,59821,364109.378.43$354,937
Apr 20226319,865104.226.84$133,216
Mar 202279710,600108.885.08$140,587
Feb 202270210,63191.054.86$115,571
Jan 20227429,72981.844.54$104,872
Dec 202192012,72771.323.90$115,239
Nov 20211,32610,61577.435.24$158,261
Oct 202191927,81579.795.71$232,258
Sep 20211,23111,72969.865.35$148,759
Aug 20211,0209,80166.024.22$108,706
Jul 20211,1638,95670.783.98$117,981
Jun 20211,1749,04569.493.38$112,159
May 20216264,04263.483.02$51,936
Apr 20218356,75360.362.76$69,028
Mar 20217158,79661.302.72$67,728
Feb 20214057,95557.805.55$67,543
Jan 20211,1828,81050.412.81$84,343
Dec 20201,16311,20044.642.68$81,881
Nov 20201,27916,64838.772.71$94,646
Oct 202067810,90936.972.48$52,103
Sep 20204669,23237.091.99$35,665
Aug 20206039.982.39$240
Jul 20201475938.371.83$5,748
Jun 20207757,80534.901.69$40,240
May 20201,30716,55916.921.81$52,165
Apr 20201,05311,27014.751.80$35,867
Mar 20201,24315,87630.341.86$67,182
Feb 202093813,95749.881.98$74,432
Jan 202087311,55857.252.09$74,190
Dec 20191,02510,27159.012.30$84,153
Nov 201980132,15255.302.75$132,736
Oct 201975321,12153.472.42$91,345
Sep 201995361,00155.052.66$214,559
Aug 20191,37270,76453.112.30$235,933
Jul 20191,72528,19256.272.46$166,420
Jun 201999958,31052.782.49$197,989
May 201985154,69358.482.74$199,643
Apr 201942062.632.75$2,630
Mar 201935214,18756.803.06$63,436
Feb 201960618,67450.852.79$82,957
Jan 201971026,14646.033.23$117,085
Dec 201885318,07146.594.19$115,376
Nov 20181,00620,45652.934.24$139,925
Oct 20181,07514,05861.443.40$113,818
Sep 20181,67726,75759.543.11$183,009
Aug 20181,83622,52059.403.07$178,117
Jul 20181,88622,88765.142.93$189,956
Jun 20181,87725,01660.183.08$189,930
May 20182,71240,33565.382.90$294,314
Apr 20181,59026,23763.842.90$177,614
Mar 20182,22528,76461.222.79$216,375
Feb 20181,96728,42961.782.77$200,159
Jan 20183,19335,84762.874.01$344,466
Dec 20173,75246,13457.272.92$349,658
Nov 20174,14942,54955.423.12$362,621
Oct 20174,89540,71949.292.98$362,767
Sep 20174,10741,52547.523.09$323,364
Aug 20174,93344,21645.373.00$356,653
Jul 20175,96543,62143.873.09$396,355
Jun 20175,84643,50342.493.09$382,702
May 20176,38635,89945.373.26$406,886
Apr 20174,86326,54747.933.21$318,342
Mar 20174,51425,19546.772.98$286,294
Feb 20177,64139,85050.452.95$503,150
Jan 20177,93931,85849.413.42$501,182
Dec 20168,88343,11648.763.72$593,649
Nov 20169,20942,73142.492.64$504,286
Oct 201610,20546,44246.193.09$614,887
Sep 201611,45349,51441.553.10$629,397
Aug 201613,23854,74441.442.92$708,673
Jul 201614,72255,77941.622.92$775,846
Jun 201616,22457,64545.352.69$890,583
May 201613,36539,23742.521.99$646,402
Apr 20162,5351336.561.99$92,705

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 2026 — as filed, then multipliedworked
Oil                  294 bbl  × $106.41 =    $31,285
Casinghead gas     7,848 Mcf  × $  3.05 =    $23,904

────────────────────────────────────────────────────
Month total                                  $55,188

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/47730 is the state's own key, not one this site invented.