READ

Operated by IP WELL SERVICE LLC (P-5 102116) in the PANHANDLE, WEST field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 23831District 10Field 68831001NGPA filingGasSaveExport
Value, all time
$228 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
no gaps in the span
Streams
1
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 4,532 leases and 4,532 wells, and the rule below applies to all of them.

Discovered
1933-02-08
as the register files it
Field class
Gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2013-11-12.

The Commission's schedule remark for this field reads: IS HEREBY SUSPENDED.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
GasProduction83,293 Mcf$227,942
Total$227,942

28,303 Mcf of this lease's gas, across 48 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 35.7611, -101.5979. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.76114, -101.59791 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
no depth filed
Completion to plug
no well filed both dates

What the state filed about each well

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

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.

1 well

42-233800991

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 (401)

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

401 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
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 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
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 2015032.362.00$0
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 2015749.822.71$19
Mar 2015042.892.93$0
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 20142786.164.05$109
Aug 20143689.394.04$145
Jul 20142996.564.18$121
Jun 20144498.164.74$208
May 20141194.734.73$52
Apr 20146095.944.81$289
Mar 20146795.895.06$339
Feb 20145797.406.19$353
Jan 20144590.404.86$219
Dec 20136391.824.35$274
Nov 20139888.853.74$366
Oct 20139097.423.78$340
Sep 201349104.113.72$182
Aug 201370104.253.52$247
Jul 201356102.523.72$208
Jun 20132994.403.93$114
May 2013994.834.15$37
Apr 2013093.964.28$0
Mar 20131093.623.91$39
Feb 20131391.233.42$44
Jan 20132191.603.42$72
Dec 20127886.773.42$267
Nov 20129286.953.62$334
Oct 20125289.383.40$177
Sep 20126094.672.92$175
Aug 20123892.662.91$111
Jul 20122385.133.02$69
Jun 20124079.822.52$101
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011198.134.40$4
Apr 201115105.964.33$65
Mar 2011196.364.06$4
Feb 2011285.644.18$8
Jan 2011286.504.59$9
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 20101372.633.98$52
Aug 20102873.684.42$124
Jul 20101372.554.74$62
Jun 20106370.364.91$309
May 2010171.124.24$4
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 20107074.365.96$417
Dec 200911371.445.48$620
Nov 200914374.593.75$536
Oct 200916172.544.11$662
Sep 200912965.543.06$395
Aug 200914867.423.22$476
Jul 200913861.133.46$478
Jun 20093666.163.90$140
May 20097454.743.93$291
Apr 200914446.773.59$517
Mar 200914142.144.06$572
Feb 200914032.814.63$649
Jan 200918435.865.37$988
Dec 200815637.105.98$932
Nov 200818955.496.86$1,297
Oct 200817875.246.92$1,232
Sep 2008201101.767.88$1,583
Aug 2008153114.228.48$1,298
Jul 2008170131.0811.39$1,936
Jun 2008169131.3313.03$2,203
May 2008125123.1711.57$1,447
Apr 200850110.3110.45$523
Mar 2008178101.909.66$1,720
Feb 200817592.538.77$1,535
Jan 200819090.388.21$1,559
Dec 200722688.337.30$1,650
Nov 200721991.677.29$1,597
Oct 200723182.856.92$1,599
Sep 200721575.846.24$1,342
Aug 200717169.066.39$1,092
Jul 200715470.906.39$984
Jun 200719162.007.55$1,442
May 200714658.747.85$1,146
Apr 20079459.617.81$734
Mar 200717556.927.30$1,278
Feb 200716955.108.22$1,389
Jan 200717350.306.73$1,164
Dec 200620956.656.92$1,446
Nov 200624954.207.62$1,897
Oct 200626354.906.01$1,582
Sep 200625160.085.04$1,264
Aug 200624868.717.34$1,820
Jul 200624569.376.34$1,554
Jun 200620466.286.38$1,302
May 200625766.016.42$1,651
Apr 200620364.397.36$1,494
Mar 20062756.707.08$191
Feb 2006457.597.75$31
Jan 2006060.598.93$0
Dec 20058054.9413.42$1,073
Nov 200516054.6910.59$1,694
Oct 20052258.3413.80$304
Sep 200510061.4512.08$1,208
Aug 200521561.519.80$2,106
Jul 200522655.697.84$1,773
Jun 200522652.337.38$1,668
May 200524745.226.65$1,643
Apr 200524049.207.36$1,767
Mar 200524850.377.15$1,774
Feb 200522845.226.31$1,439
Jan 200526443.166.32$1,669
Dec 200431539.866.75$2,127
Nov 200427945.286.33$1,766
Oct 200429649.706.52$1,928
Sep 200426243.245.28$1,384
Aug 200426242.375.55$1,454
Jul 200425638.286.08$1,558
Jun 200422236.106.43$1,428
May 200425637.486.49$1,663
Apr 200424134.475.86$1,412
Mar 200426834.365.53$1,482
Feb 200426932.455.51$1,482
Jan 200429832.036.30$1,877
Dec 200329030.266.30$1,827
Nov 200330828.804.60$1,415
Oct 200330828.174.76$1,466
Sep 200329626.314.75$1,406
Aug 200328029.765.13$1,436
Jul 200323929.415.17$1,236
Jun 200327528.565.98$1,645
May 200328926.595.97$1,726
Apr 200322526.675.41$1,217
Mar 200329231.146.10$1,780
Feb 200327033.487.93$2,140
Jan 200323030.315.58$1,284
Dec 200229726.914.85$1,442
Nov 200228624.664.14$1,183
Oct 200230826.464.23$1,303
Sep 200230327.443.64$1,101
Aug 200228225.963.16$892
Jul 200228624.583.06$876
Jun 200229823.733.34$995
May 200231024.663.58$1,111
Apr 200229523.653.51$1,036
Mar 200234522.003.10$1,070
Feb 200231618.222.38$751
Jan 200233917.172.38$805
Dec 200136216.932.36$856
Nov 200136018.072.41$866
Oct 200138819.782.53$981
Sep 200154324.262.25$1,222
Aug 200164324.873.05$1,963
Jul 200164423.933.20$2,059
Jun 200160624.563.82$2,317
May 200149325.524.31$2,124
Apr 200145724.685.34$2,438
Mar 200163124.545.38$3,393
Feb 200153927.755.77$3,108
Jan 200161727.478.40$5,182
Dec 200061526.889.12$5,610
Nov 200043932.215.66$2,484
Oct 200041031.235.15$2,110
Sep 200040231.875.19$2,085
Aug 200042629.644.54$1,934
Jul 200044028.534.09$1,799
Jun 200043629.304.40$1,917
May 200043727.263.68$1,608
Apr 200043124.513.12$1,343
Mar 200036028.422.86$1,030
Feb 2000027.622.73$0
Jan 2000025.272.48$0
Dec 1999024.282.42$0
Nov 1999023.192.43$0
Oct 1999020.982.80$0
Sep 1999021.752.62$0
Aug 1999019.262.88$0
Jul 1999017.892.37$0
Jun 1999015.942.36$0
May 1999015.792.32$0
Apr 1999015.102.21$0
Mar 1999012.471.84$0
Feb 199909.981.82$0
Jan 19994910.381.90$93
Dec 1998519.201.77$90
Nov 19985010.892.19$109
Oct 19984812.421.97$95
Sep 19982,29212.592.08$4,773
Aug 19982,48811.301.91$4,745
Jul 19982,39111.742.24$5,349
Jun 19982,28111.242.24$5,103
May 19982,41412.622.21$5,326
Apr 19982,22213.042.51$5,567
Mar 19981,50912.802.31$3,485
Feb 199862313.952.30$1,432
Jan 199887014.702.15$1,875
Dec 199760216.322.41$1,451
Nov 199724818.193.09$766
Oct 199722719.253.15$715
Sep 19979217.742.95$272
Aug 19971017.862.55$26
Jul 199728817.582.25$647
Jun 199767917.242.26$1,533
May 199753818.972.31$1,242
Apr 199747617.882.08$991
Mar 199756118.951.94$1,088
Feb 199769520.492.21$1,533
Jan 199786823.483.54$3,072
Dec 199683023.32$0
Nov 199670121.97$0
Oct 199669823.31$0
Sep 199638422.22$0
Aug 199669020.26$0
Jul 199666319.55$0
Jun 199667318.73$0
May 199666419.43$0
Apr 199666921.51$0
Mar 199654319.38$0
Feb 199645316.98$0
Jan 199659217.07$0
Dec 199551317.19$0
Nov 199547316.00$0
Oct 199566315.43$0
Sep 199563316.18$0
Aug 199565915.92$0
Jul 199556715.24$0
Jun 199563916.41$0
May 199557017.56$0
Apr 199550017.73$0
Mar 199552116.44$0
Feb 199548416.58$0
Jan 199559915.92$0
Dec 199462515.03$0
Nov 199459915.90$0
Oct 199468515.58$0
Sep 199466315.29$0
Aug 199475716.13$0
Jul 199476917.56$0
Jun 199470117.09$0
May 199475715.88$0
Apr 199470514.14$0
Mar 199461312.46$0
Feb 199459412.50$0
Jan 199454312.66$0
Dec 199349212.33$0
Nov 199347614.49$0
Oct 199353515.85$0
Sep 199350515.03$0
Aug 199357615.66$0
Jul 199357815.46$0
Jun 199351916.79$0
May 199346317.68$0
Apr 199345518.05$0
Mar 199346318.14$0
Feb 199340917.90$0
Jan 199344016.93$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.

Apr 2015 — as filed, then multipliedworked
Gas                    7 Mcf  × $  2.71 =        $19

────────────────────────────────────────────────────
Month total                                      $19

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/23831 is the state's own key, not one this site invented.