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OLD IRONSIDE 0405

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

Oil lease lease 53628District 08Field 41911500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$17.5 M
Nov 2019 – May 2026
Value, last 12 filed months
$1.2 M
at the published price for each month
Months reported
79
no gaps in the span
Streams
2
oil, casinghead gas

The HOEFS T-K (WOLFCAMP) 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 612 leases and 960 wells, and the rule below applies to all of them.

Discovered
1988-02-06
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2019-12-17.

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: “COMPLETION DATE DUE TO RECLASS USING HEPTANES PLUS ANNALYSIS.”

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
OilDisposition263,742 bbl$16,436,081
Casinghead gasProduction285,806 Mcf$1,112,123
Total$17,548,204

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 31.0594, -103.1513. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.05941, -103.15127 · 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
10,348 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 10,348 ft.

Completions filed
Aug 2025
1 of 1 wells

1 well

42-371400921H10,348 ftAug 2025——

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 (79)

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

79 months

May 202600106.413.05$0
Apr 20261,4653,23398.932.87$154,210
Mar 20261,6243,14889.753.15$155,668
Feb 20261,1043,38263.503.75$82,788
Jan 20261,6621,77759.138.00$112,486
Dec 20251,2933,75556.664.41$89,834
Nov 20251,2763,59658.593.93$88,880
Oct 20252,0244,02159.383.30$133,474
Sep 20251,8133,44862.743.08$124,357
Aug 202568762663.933.01$45,807
Jul 20251,3903,84466.743.32$105,512
Jun 20251,8112,04166.483.13$126,781
May 20251,4401,93760.553.23$93,453
Apr 20251,6062,61962.363.54$109,430
Mar 20251,6242,28367.704.27$119,689
Feb 20251,6321,95670.884.34$124,167
Jan 20251,5331,75674.324.28$121,446
Dec 20241,3452,03468.993.12$99,140
Nov 20241,8782,57769.052.20$135,341
Oct 20241,1332,05471.372.28$85,548
Sep 20241,6943,29969.612.36$125,719
Aug 20242,0544,30275.632.06$164,222
Jul 20241,8643,70179.932.15$156,934
Jun 20242,0612,78678.082.63$168,261
May 20242,4102,48278.812.20$195,389
Apr 20241,1222,19884.451.66$98,400
Mar 20242,4823,96380.301.55$205,428
Feb 20241,9523,78176.091.78$155,272
Jan 20249342,39573.023.30$76,099
Dec 20231,9194,35171.262.61$148,107
Nov 20232,1114,86777.892.81$178,090
Oct 20232,0974,56185.443.09$193,249
Sep 20231,6905,20289.042.74$164,705
Aug 20233,1704,41180.522.67$267,038
Jul 20231,8443,50574.852.64$147,283
Jun 20232,2213,40368.962.26$160,846
May 20232,4434,73070.622.23$183,060
Apr 20232,4775,91078.122.24$206,728
Mar 20233,8307,92072.852.39$297,969
Feb 20232,1247,29575.112.47$177,521
Jan 20234,9979,45576.533.39$414,451
Dec 20223,2843,06076.415.73$268,461
Nov 20221,5541,65185.005.65$141,412
Oct 202218816487.185.86$17,352
Sep 202219093484.888.16$23,752
Aug 20223,3487,99294.529.13$389,397
Jul 20222,2585,710101.587.54$272,433
Jun 20222,82510,611115.097.98$409,775
May 20223,34610,551109.378.43$454,929
Apr 20224,11613,156104.226.84$518,925
Mar 20224,56714,525108.885.08$570,990
Feb 20226,44917,41391.054.86$671,788
Jan 20227,3675,40681.844.54$627,446
Dec 20214,813071.323.90$343,263
Nov 20213,694077.435.24$286,026
Oct 20213,047079.795.71$243,120
Sep 20213,962069.865.35$276,785
Aug 20213,190066.024.22$210,604
Jul 20214,130070.783.98$292,321
Jun 20213,360069.493.38$233,486
May 20215,340063.483.02$338,983
Apr 20214,932660.362.76$297,712
Mar 20216,3291161.302.72$387,998
Feb 20214,088257.805.55$236,298
Jan 20215,323450.412.81$268,344
Dec 20205,662044.642.68$252,752
Nov 20205,232338.772.71$202,853
Oct 20205,594136.972.48$206,813
Sep 20206,3633,96837.091.99$243,904
Aug 20206,9591,68539.982.39$282,240
Jul 20206,5044,39838.371.83$257,585
Jun 20206,6131,56734.901.69$233,442
May 20206,8412,70016.921.81$120,650
Apr 20208,9594,29714.751.80$139,899
Mar 202010,6218,55030.341.86$338,112
Feb 202012,22510,53749.881.98$630,653
Jan 202013,87412,12457.252.09$819,683
Dec 20197598859.012.30$44,991
Nov 201908855.302.75$242

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.

Apr 2026 — as filed, then multipliedworked
Oil                1,465 bbl  × $ 98.93 =   $144,932
Casinghead gas     3,233 Mcf  × $  2.87 =     $9,278

────────────────────────────────────────────────────
Month total                                 $154,210

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/53628 is the state's own key, not one this site invented.