ARCHES 35-11 C

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 63572District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$21.3 M
Dec 2024 – May 2026
Value, last 12 filed months
$12.1 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
OilDisposition295,901 bbl$20,690,720
Casinghead gasProduction165,706 Mcf$610,263
Total$21,300,983

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 202612,68611,155106.413.05$1,383,894
Apr 202614,42412,04198.932.87$1,461,521
Mar 202615,2238,50289.753.15$1,393,041
Feb 202612,8534,60063.503.75$833,417
Jan 202611,8655,78159.138.00$747,813
Dec 202511,4185,85556.664.41$672,784
Nov 202511,6326,94358.593.93$708,780
Oct 202512,5176,99659.383.30$766,380
Sep 20252,4382,33262.743.08$160,136
Aug 202513,7107,44063.933.01$898,910
Jul 202521,51512,03466.743.32$1,475,806
Jun 202522,79711,68666.483.13$1,552,107
May 202520,66011,93760.553.23$1,289,547
Apr 202523,01312,43962.363.54$1,479,164
Mar 202524,13213,02367.704.27$1,689,323
Feb 202523,04911,97270.884.34$1,685,682
Jan 202524,06511,67974.324.28$1,838,482
Dec 202417,9049,29168.993.12$1,264,198

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               12,686 bbl  × $106.41 = $1,349,917
Casinghead gas    11,155 Mcf  × $  3.05 =    $33,976

────────────────────────────────────────────────────
Month total                               $1,383,894

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/63572 is the state's own key, not one this site invented.