ARCHES 35-11 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 63300District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$18.0 M
Dec 2024 – May 2026
Value, last 12 filed months
$11.7 M
at the published price for each month
Months reported
18
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
OilDisposition257,343 bbl$17,460,935
Casinghead gasProduction140,112 Mcf$559,519
Total$18,020,454

Every month this lease reported (18)

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

18 months

May 20269,4468,271106.413.05$1,030,341
Apr 20269,0397,51698.932.87$915,797
Mar 202610,8157,80389.753.15$995,221
Feb 202612,2679,35263.503.75$814,027
Jan 202617,97313,92859.138.00$1,174,139
Dec 202515,0378,00256.664.41$887,312
Nov 202514,3457,01758.593.93$868,025
Oct 202516,1737,23259.383.30$984,253
Sep 20258,9023,50462.743.08$569,293
Aug 202516,0897,90363.933.01$1,052,395
Jul 202517,0688,40766.743.32$1,166,989
Jun 202518,5248,06266.483.13$1,256,699
May 202519,73110,27160.553.23$1,227,911
Apr 202518,1339,39262.363.54$1,164,051
Mar 202518,7239,02667.704.27$1,306,073
Feb 202517,8248,35270.884.34$1,299,620
Jan 202517,2546,07474.324.28$1,308,306
Dec 20240068.993.12$0

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                9,446 bbl  × $106.41 = $1,005,149
Casinghead gas     8,271 Mcf  × $  3.05 =    $25,192

────────────────────────────────────────────────────
Month total                               $1,030,341

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/63300 is the state's own key, not one this site invented.