AQUILA 13-24 A

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 61007District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$11.9 M
Jan 2024 – May 2026
Value, last 12 filed months
$2.8 M
at the published price for each month
Months reported
29
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
OilDisposition154,777 bbl$11,699,540
Casinghead gasProduction67,079 Mcf$183,239
Total$11,882,779

Every month this lease reported (29)

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

29 months

May 20263,5481,967106.413.05$383,534
Apr 20263,9451,80698.932.87$395,462
Mar 20264,5091,32789.753.15$408,862
Feb 20264,2711,22463.503.75$275,799
Jan 20264,8731,57159.138.00$300,705
Dec 20254,9281,59656.664.41$286,264
Nov 20253,61444558.593.93$213,492
Oct 20253,0171,08359.383.30$182,729
Sep 202597957062.743.08$63,176
Aug 20252,01476063.933.01$131,046
Jul 202552122066.743.32$35,501
Jun 20251,25469466.483.13$85,537
May 20251,88697460.553.23$117,346
Apr 20253,1482,04662.363.54$203,559
Mar 20253,0323,40367.704.27$219,791
Feb 20253,0352,66670.884.34$226,693
Jan 20252,4721,81374.324.28$191,476
Dec 20242,74697868.993.12$192,499
Nov 20241,46133569.052.20$101,619
Oct 20243021771.372.28$21,593
Sep 20244,2532,69769.612.36$302,428
Aug 20247,0083,08475.632.06$536,379
Jul 20248,5253,48879.932.15$688,891
Jun 20249,8214,00578.082.63$777,373
May 202411,3404,74178.812.20$904,128
Apr 202412,2266,25384.451.66$1,042,861
Mar 202417,4507,60980.301.55$1,412,992
Feb 202423,6957,93176.091.78$1,817,099
Jan 20244,9041,77673.023.30$363,947

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                3,548 bbl  × $106.41 =   $377,543
Casinghead gas     1,967 Mcf  × $  3.05 =     $5,991

────────────────────────────────────────────────────
Month total                                 $383,534

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/61007 is the state's own key, not one this site invented.