IMPERIAL EAGLE 24

Operated by MDC TEXAS OPERATOR LLC (P-5 556511) in the PHANTOM (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 50575District 08Field 71052900OilCasinghead gasSave
Value, all time
$7.1 M
Jun 2018 – Sep 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
40
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition107,620 bbl$6,229,510
Casinghead gasProduction251,861 Mcf$879,928
Total$7,109,437

Wells on this lease (6)

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 31.3758, -103.6107. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.37602, -103.61088 · 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
100.0%
6 of 6 wells
With a plug date
0.0%
0 of 6 wells
Median depth
10,240 ft
6 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
6100.0%
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.
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

Between 9,945 and 10,683 ft, median 10,240 ft, over the 6 wells that filed a depth.

Completions filed
Jun 2018 – Oct 2019
6 of 6 wells

6 wells

42-389372522HM10,423 ftOct 2019Yes
42-389372533HM10,088 ftOct 2019Yes
42-389379514H9,945 ftOct 2019Yes
42-389379525H10,683 ftOct 2019Yes
42-389379566H10,380 ftOct 2019Yes
42-389367131H10,099 ftJun 2018Yes

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 (40)

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

40 months

Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 201816,93139,18546.594.19$952,822
Nov 201818,04445,76252.934.24$1,148,974
Oct 201820,26147,18661.443.40$1,405,178
Sep 201810,13923,85059.543.11$677,802
Aug 201819,27541,54659.403.07$1,272,338
Jul 201822,14648,46765.142.93$1,584,690
Jun 20188245,86560.183.08$67,634

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.

Dec 2018 — as filed, then multipliedworked
Oil               16,931 bbl  × $ 46.59 =   $788,815
Casinghead gas    39,185 Mcf  × $  4.19 =   $164,006

────────────────────────────────────────────────────
Month total                                 $952,822

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/50575 is the state's own key, not one this site invented.