TETON 24-6 E
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.
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.
| Stream | Basis | Volume | Value |
|---|---|---|---|
| Oil | Disposition | 224,137 bbl | $15,316,580 |
| Casinghead gas | Production | 48,634 Mcf | $182,848 |
| Total | $15,499,428 | ||
Every month this lease reported (11)
Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.
11 months
| May 2026 | 16,051 | 4,080 | 106.41 | 3.05 | $1,720,414 |
| Apr 2026 | 12,322 | 2,423 | 98.93 | 2.87 | $1,225,969 |
| Mar 2026 | 16,199 | 1,689 | 89.75 | 3.15 | $1,459,180 |
| Feb 2026 | 17,174 | 3,579 | 63.50 | 3.75 | $1,103,971 |
| Jan 2026 | 18,944 | 3,690 | 59.13 | 8.00 | $1,149,671 |
| Dec 2025 | 23,739 | 4,554 | 56.66 | 4.41 | $1,365,150 |
| Nov 2025 | 26,942 | 6,429 | 58.59 | 3.93 | $1,603,775 |
| Oct 2025 | 28,275 | 7,318 | 59.38 | 3.30 | $1,703,154 |
| Sep 2025 | 25,019 | 6,171 | 62.74 | 3.08 | $1,588,680 |
| Aug 2025 | 29,038 | 7,142 | 63.93 | 3.01 | $1,877,931 |
| Jul 2025 | 10,434 | 1,559 | 66.74 | 3.32 | $701,534 |
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.
Oil 16,051 bbl × $106.41 = $1,707,987 Casinghead gas 4,080 Mcf × $ 3.05 = $12,427 ──────────────────────────────────────────────────── Month total $1,720,414
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/64354 is the state's own key, not one this site invented.