NORTHERN HARRIER 29-17

Operated by IKE OPERATING, LLC (P-5 101633) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 60167District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$89.8 M
Jan 2023 – May 2026
Value, last 12 filed months
$13.9 M
at the published price for each month
Months reported
41
no gaps in the span
Streams
2
oil, casinghead gas

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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered
1952-12-22
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 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.

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
OilDisposition1,189,238 bbl$88,747,670
Casinghead gasProduction372,188 Mcf$1,020,947
Total$89,768,617

Every month this lease reported (41)

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

41 months

May 202615,6863,142106.413.05$1,678,717
Apr 202616,0703,73298.932.87$1,600,515
Mar 202614,1023,38989.753.15$1,276,328
Feb 202612,8863,23963.503.75$830,408
Jan 20269,5152,61159.138.00$583,505
Dec 20259,1002,33556.664.41$525,911
Nov 202510,5991,90358.593.93$628,467
Oct 202518,1705,83559.383.30$1,098,218
Sep 202524,9029,15562.743.08$1,590,521
Aug 202527,17211,18663.933.01$1,770,829
Jul 202520,8119,76866.743.32$1,421,309
Jun 202512,9954,34366.483.13$877,496
May 202516,8885,85860.553.23$1,041,503
Apr 202518,1936,47862.363.54$1,157,468
Mar 202520,6307,14167.704.27$1,427,131
Feb 202516,7685,92770.884.34$1,214,244
Jan 202519,8756,77074.324.28$1,506,077
Dec 202422,2927,37968.993.12$1,560,958
Nov 202417,2065,86569.052.20$1,200,968
Oct 202420,5096,69471.372.28$1,478,999
Sep 202424,0988,90069.612.36$1,698,505
Aug 202431,29110,35075.632.06$2,387,897
Jul 202430,8649,09079.932.15$2,486,472
Jun 202420,4996,51678.082.63$1,617,725
May 202423,8787,16078.812.20$1,897,566
Apr 202425,21410,11984.451.66$2,146,112
Mar 202430,3319,34380.301.55$2,450,015
Feb 202431,5629,67976.091.78$2,418,816
Jan 202431,8638,55773.023.30$2,354,854
Dec 202316,0225,02671.262.61$1,154,849
Nov 202314,9634,02477.892.81$1,176,766
Oct 202330,2379,05085.443.09$2,611,389
Sep 202341,37115,28989.042.74$3,725,490
Aug 202352,22516,13880.522.67$4,248,292
Jul 202347,21617,83774.852.64$3,581,239
Jun 202351,44715,58868.962.26$3,582,990
May 202355,65517,76470.622.23$3,969,924
Apr 202366,72019,48078.122.24$5,255,758
Mar 202379,71221,38472.852.39$5,858,195
Feb 202386,90822,70975.112.47$6,583,653
Jan 202352,79315,43576.533.39$4,092,538

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               15,686 bbl  × $106.41 = $1,669,147
Casinghead gas     3,142 Mcf  × $  3.05 =     $9,570

────────────────────────────────────────────────────
Month total                               $1,678,717

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/60167 is the state's own key, not one this site invented.