VAN COURT

Operated by MIKE OIL LLC (P-5 566777) in the LEA (CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 60206District 08Field 52624220OilSaveExport
Value, all time
$74 k
Dec 2023 – May 2026
Value, last 12 filed months
$27 k
at the published price for each month
Months reported
30
no gaps in the span
Streams
1
oil

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 19 leases and 322 wells, and the rule below applies to all of them.

Discovered
2023-11-15
as the register files it
Field class
Oil
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 10 acres. The field rule took effect on 2023-11-15.

The Commission's schedule remark for this field reads: GOR OF 3000. EFF 11/15/2023

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
OilDisposition1,056 bbl$73,533
Total$73,533

Wells on this lease (17)

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 32.3247, -101.2478. A lease has no coordinate of its own — that point is the mean of its wells, and they span 90.8 miles, so treat it as the lease's centre and not as its location.

31.95730, -101.73874 · 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
58.8%
10 of 17 wells
With a plug date
58.8%
10 of 17 wells
Median depth
1,690 ft
13 wells filed one
Completion to plug
36.9 years
median over 5 wells

What the state filed about each well

On the RRC proration schedule
1058.8%
A plug date is filed
1058.8%
BothOn the schedule and plugged. Neither fact cancels the other.
1058.8%
NeitherNo plug date, and not on the schedule.
741.2%

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

Total depth in feet, 13 of 17 wells. Median 1,690 ft, with the middle half between 1,675 and 1,737 ft; the shallowest is 1,650 ft and the deepest 4,107 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 11 of 17 wells, Jul 1947 – Aug 1986. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jul 1947 – Aug 1986
11 of 17 wells; 6 filed none
Plug dates filed
Mar 1983 – Dec 2016
10 of 17 wells; 7 filed none

Last completion to plug: a median of 36.9 years across the 5 wells that filed both dates, with the middle half between 28.3 years and 58.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

17 wells

42-33500266551,690 ftSep 2012Yes
42-33501336471,675 ftJul 1986Yes
42-33501342561,691 ftSep 2003Yes
42-33501347441,737 ftJul 1986Yes
42-33501650501,650 ftMar 1983Yes
42-3350134546
42-33501651531,650 ftAug 1986Sep 2012Yes
42-1033284294,107 ftApr 1982
42-1033278953,255 ftMar 1982
42-1033278013,275 ftMar 1982
42-33501344581,678 ftFeb 1956Dec 2016Yes
42-33501343571,700 ftJan 1956May 1984Yes
42-3350164954Dec 1950
42-33501648491,675 ftJun 1950Jan 2009Yes
42-3350165251May 1949
42-3350165352Mar 1949
42-33501647481,685 ftJul 1947Jun 1984Yes

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 (30)

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

30 months

May 202672106.413.05$7,662
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 202615363.503.75$9,716
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 202516459.383.30$9,738
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 202515160.553.23$9,143
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 202415869.052.20$10,910
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 202411378.812.20$8,906
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 202324571.262.61$17,459

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                   72 bbl  × $106.41 =     $7,662

────────────────────────────────────────────────────
Month total                                   $7,662

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/60206 is the state's own key, not one this site invented.