IKARD TRUST

Operated by ROGERS DRILLING CO., INC. (P-5 725080) in the ARCHER COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31541District 09Field 03446001OilSaveExport
Value, all time
$680 k
Jan 2010 – Feb 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
110
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 2,166 leases and 11,249 wells, and the rule below applies to all of them.

Discovered
1911-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition8,227 bbl$680,263
Total$680,263

Wells on this lease (1)

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 33.5153, -98.5462. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.51531, -98.54622 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
5,309 ft
1 wells filed one
Completion to plug
8.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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

The one well that filed a depth was drilled to 5,309 ft.

Completions filed
Jan 2010
1 of 1 wells
Plug dates filed
Oct 2018
1 of 1 wells

Last completion to plug: a median of 8.8 years across the 1 well that filed both dates, with the middle half between 8.8 years and 8.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0094204715,309 ftJan 2010Oct 2018Yes

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 (110)

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

110 months

Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017149.292.98$49
Sep 2017047.523.09$0
Aug 201713345.373.00$6,034
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017246.772.98$94
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 201517132.362.00$5,534
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 201517542.892.93$7,506
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 201417454.693.59$9,516
Nov 2014070.464.25$0
Oct 201417478.303.90$13,624
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 201417098.164.74$16,687
May 2014094.734.73$0
Apr 201416895.944.81$16,118
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 201417390.404.86$15,639
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 201317397.423.78$16,854
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 2013171102.523.72$17,531
Jun 2013094.403.93$0
May 201317294.834.15$16,311
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 201318191.603.42$16,580
Dec 2012086.773.42$0
Nov 201217586.953.62$15,216
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 201217392.662.91$16,030
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 201217891.612.49$16,307
Apr 20120101.652.00$0
Mar 2012182105.052.22$19,119
Feb 20120101.102.57$0
Jan 201217498.092.73$17,068
Dec 201117396.873.24$16,759
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 201117483.623.99$14,550
Aug 201117383.404.15$14,428
Jul 201117194.144.52$16,098
Jun 2011092.904.64$0
May 201117698.134.40$17,271
Apr 2011183105.964.33$19,391
Mar 201117696.364.06$16,959
Feb 201135885.644.18$30,659
Jan 20111,05386.504.59$91,085
Dec 2010085.734.35$0
Nov 201017780.843.80$14,309
Oct 2010078.103.51$0
Sep 201018672.633.98$13,509
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 201018270.364.91$12,806
May 201018171.124.24$12,873
Apr 201018381.694.12$14,949
Mar 201052978.394.39$41,468
Feb 201035573.585.44$26,121
Jan 201087774.365.96$65,214

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.

Oct 2017 — as filed, then multipliedworked
Oil                    1 bbl  × $ 49.29 =        $49

────────────────────────────────────────────────────
Month total                                      $49

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. 09/O/31541 is the state's own key, not one this site invented.