IKE

Operated by PHILCON DEVELOPMENT CO. (P-5 661600) in the GLAZIER, NW. (MORROW UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 113698District 10Field 35245333CondensateGasSaveExport
Value, all time
$43 k
Jan 1993 – Aug 2002
Value, last 12 filed months
$0
at the published price for each month
Months reported
116
no gaps in the span
Streams
2
condensate, 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 39 leases and 50 wells, and the rule below applies to all of them.

Discovered
1962-01-26
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1977-03-07.

The Commission's schedule remark for this field reads: ASSOCIATED PRORATED TO 49(B) EFFECTIVE 3/1/89

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
CondensateDisposition412 bbl$8,391
GasProduction43,598 Mcf$34,216
Total$42,606

28,706 Mcf of this lease's gas, across 45 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 36.0435, -100.3604. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.04346, -100.36039 · 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
11,125 ft
1 wells filed one
Completion to plug
24.9 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 11,125 ft.

Completions filed
Sep 1977
1 of 1 wells
Plug dates filed
Aug 2002
1 of 1 wells

Last completion to plug: a median of 24.9 years across the 1 well that filed both dates, with the middle half between 24.9 years and 24.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-21130873111,125 ftSep 1977Aug 2002Yes

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 (116)

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

116 months

Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000231.875.19$10
Aug 20000429.644.54$18
Jul 20000328.534.09$12
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 2000119024.513.12$2,917
Mar 20000328.422.86$9
Feb 200001127.622.73$30
Jan 200002125.272.48$52
Dec 199907424.282.42$179
Nov 199902623.192.43$63
Oct 199905520.982.80$154
Sep 1999019421.752.62$508
Aug 1999023119.262.88$664
Jul 1999023717.892.37$562
Jun 1999027915.942.36$659
May 1999026915.792.32$624
Apr 1999027915.102.21$616
Mar 1999028012.471.84$515
Feb 199907329.981.82$1,331
Jan 1999024910.381.90$473
Dec 199804029.201.77$713
Nov 1998037810.892.19$826
Oct 1998043612.421.97$859
Sep 1998081612.592.08$1,699
Aug 1998050911.301.91$971
Jul 1998047911.742.24$1,072
Jun 1998034711.242.24$776
May 1998037712.622.21$832
Apr 1998026413.042.51$661
Mar 1998042112.802.31$972
Feb 1998035413.952.30$814
Jan 1998044214.702.15$952
Dec 1997014316.322.41$345
Nov 1997012618.193.09$389
Oct 19971021419.253.15$867
Sep 1997053117.742.95$1,569
Aug 1997086617.862.55$2,212
Jul 1997061017.582.25$1,371
Jun 1997071017.242.26$1,603
May 1997072318.972.31$1,669
Apr 1997068117.882.08$1,418
Mar 1997079418.951.94$1,540
Feb 1997065620.492.21$1,447
Jan 1997066423.483.54$2,350
Dec 19965777523.32$1,329
Nov 1996062421.97$0
Oct 1996059123.31$0
Sep 1996050322.22$0
Aug 1996069820.26$0
Jul 1996065819.55$0
Jun 1996057018.73$0
May 1996082519.43$0
Apr 19965954321.51$1,269
Mar 1996098319.38$0
Feb 1996057716.98$0
Jan 1996061617.07$0
Dec 1995070817.19$0
Nov 1995088116.00$0
Oct 1995080115.43$0
Sep 1995088716.18$0
Aug 1995083815.92$0
Jul 1995073915.24$0
Jun 1995060216.41$0
May 1995080417.56$0
Apr 1995079617.73$0
Mar 1995084116.44$0
Feb 1995069416.58$0
Jan 1995026715.92$0
Dec 1994078215.03$0
Nov 199414079115.90$2,226
Oct 1994077615.58$0
Sep 1994071615.29$0
Aug 1994070016.13$0
Jul 1994080317.56$0
Jun 1994077917.09$0
May 1994091615.88$0
Apr 1994022014.14$0
Mar 1994053412.46$0
Feb 1994053112.50$0
Jan 1994070012.66$0
Dec 1993065112.33$0
Nov 1993058514.49$0
Oct 199307115.85$0
Sep 1993071015.03$0
Aug 1993029815.66$0
Jul 1993057515.46$0
Jun 1993017016.79$0
May 19930017.68$0
Apr 1993021718.05$0
Mar 19930018.14$0
Feb 19930017.90$0
Jan 19932736016.93$457

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.

Sep 2000 — as filed, then multipliedworked
Condensate             0 bbl  × $ 31.87 =         $0
Gas                    2 Mcf  × $  5.19 =        $10

────────────────────────────────────────────────────
Month total                                      $10

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. 10/G/113698 is the state's own key, not one this site invented.