IVENS T

Operated by BURK ROYALTY CO., LTD. (P-5 108799) in the COLDWATER (-K- ZONE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7123District 10Field 19448333OilCasinghead gasSaveExport
Value, all time
$8.4 M
Mar 1996 – May 2026
Value, last 12 filed months
$467 k
at the published price for each month
Months reported
363
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 5 leases and 13 wells, and the rule below applies to all of them.

Discovered
1954-08-13
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1988-08-22.

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
OilDisposition128,820 bbl$6,796,524
Casinghead gasProduction434,571 Mcf$1,649,598
Total$8,446,122

2,594 Mcf of this lease's gas, across 10 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 (2)

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 36.2377, -101.7196. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

36.23774, -101.71959 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
6,364 ft
2 wells filed one
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.
2100.0%

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

Between 6,228 and 6,500 ft, median 6,364 ft, over the 2 wells that filed a depth.

Completions filed
Jun 1991 – Sep 1997
2 of 2 wells

2 wells

42-4213058436,500 ftSep 1997
42-4213051526,228 ftJun 1991

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 (363)

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

363 months

May 202600106.413.05$0
Apr 20265502,56198.932.87$61,761
Mar 20261822,37789.753.15$23,821
Feb 20266442,37463.503.75$49,797
Jan 20265512,73759.138.00$54,471
Dec 20255412,77356.664.41$42,891
Nov 20253532,74858.593.93$31,472
Oct 20255472,71059.383.30$41,437
Sep 20256952,78562.743.08$52,174
Aug 20253742,64663.933.01$31,887
Jul 20255542,29966.743.32$44,596
Jun 20253662,61966.483.13$32,526
May 20255562,77860.553.23$42,645
Apr 20257292,61962.363.54$54,740
Mar 20255412,77867.704.27$48,483
Feb 20257092,71270.884.34$62,026
Jan 20255162,65974.324.28$49,726
Dec 20243552,53468.993.12$32,401
Nov 20243572,67269.052.20$30,525
Oct 20245422,81471.372.28$45,102
Sep 20245382,95569.612.36$44,437
Aug 20245382,27375.632.06$45,380
Jul 20247163,25579.932.15$64,217
Jun 20243662,46578.082.63$35,070
May 20245543,11278.812.20$50,502
Apr 20247133,11184.451.66$65,375
Mar 20245631,07180.301.55$46,864
Feb 202436939776.091.78$28,785
Jan 202437225873.023.30$28,014
Dec 202318451671.262.61$14,459
Nov 202337457577.892.81$30,745
Oct 202337178385.443.09$34,116
Sep 202336856489.042.74$34,309
Aug 202355375180.522.67$46,535
Jul 202337775074.852.64$30,200
Jun 202355369568.962.26$39,705
May 202337576370.622.23$28,182
Apr 202336570478.122.24$30,089
Mar 202355377272.852.39$42,134
Feb 202334769675.112.47$27,779
Jan 202336754476.533.39$29,929
Dec 202234437576.415.73$28,433
Nov 202271237385.005.65$62,626
Oct 202237140287.185.86$34,701
Sep 202237236784.888.16$34,571
Aug 202254639594.529.13$55,213
Jul 2022545405101.587.54$58,416
Jun 2022545362115.097.98$65,612
May 2022367388109.378.43$43,411
Apr 2022736377104.226.84$79,284
Mar 2022363564108.885.08$42,387
Feb 202270236391.054.86$65,681
Jan 202253236081.844.54$45,172
Dec 2021544771.323.90$38,825
Nov 2021180077.435.24$13,937
Oct 2021375079.795.71$29,921
Sep 20210069.865.35$0
Aug 2021189066.024.22$12,478
Jul 2021183070.783.98$12,953
Jun 2021177069.493.38$12,300
May 202153530063.483.02$34,867
Apr 202118172060.362.76$12,911
Mar 202136230461.302.72$23,017
Feb 2021032557.805.55$1,803
Jan 2021020450.412.81$573
Dec 202037531244.642.68$17,575
Nov 202018248838.772.71$8,377
Oct 2020027236.972.48$674
Sep 202017932337.091.99$7,282
Aug 20201821239.982.39$7,305
Jul 20201802538.371.83$6,952
Jun 20201782034.901.69$6,246
May 20201749016.921.81$3,107
Apr 202017844914.751.80$3,436
Mar 20200030.341.86$0
Feb 2020381049.881.98$19,004
Jan 202036543257.252.09$21,801
Dec 201917246259.012.30$11,214
Nov 2019045955.302.75$1,263
Oct 2019308053.472.42$16,469
Sep 201917810155.052.66$10,067
Aug 2019181053.112.30$9,613
Jul 20191823556.272.46$10,327
Jun 20193615652.782.49$19,193
May 20195388558.482.74$31,695
Apr 20191787262.632.75$11,346
Mar 201937712456.803.06$21,793
Feb 201907850.852.79$218
Jan 20193597946.033.23$16,780
Dec 201804246.594.19$176
Nov 201818431852.934.24$11,087
Oct 201836249761.443.40$23,930
Sep 201818448559.543.11$12,463
Aug 201818448159.403.07$12,405
Jul 201836546565.142.93$25,139
Jun 201818446560.183.08$12,504
May 201818848065.382.90$13,684
Apr 201837246663.842.90$25,100
Mar 201835848461.222.79$23,266
Feb 201835942861.782.77$23,363
Jan 2018049562.874.01$1,985
Dec 201717954057.272.92$11,829
Nov 201717847555.423.12$11,346
Oct 201736148649.292.98$19,244
Sep 2017067547.523.09$2,084
Aug 201735567545.373.00$18,134
Jul 201734016843.873.09$15,434
Jun 201718018042.493.09$8,204
May 201716941845.373.26$9,032
Apr 201734254347.933.21$18,136
Mar 201716958846.772.98$9,659
Feb 201733742950.452.95$18,268
Jan 201717257349.413.42$10,457
Dec 201617267948.763.72$10,915
Nov 201617367842.492.64$9,144
Oct 201615569946.193.09$9,320
Sep 201646167341.553.10$21,241
Aug 201617570741.442.92$9,320
Jul 201616870341.622.92$9,048
Jun 201631960545.352.69$16,092
May 201650370042.521.99$22,781
Apr 201619469436.561.99$8,474
Mar 201616971833.011.79$6,867
Feb 201617963326.472.06$6,044
Jan 201673752927.352.36$21,408
Dec 2015061232.362.00$1,225
Nov 2015065338.792.17$1,415
Oct 201533769643.552.43$16,365
Sep 201518466642.992.76$9,747
Aug 201518668440.162.87$9,435
Jul 201516464148.152.95$9,784
Jun 201537365456.152.88$22,829
May 201534866955.212.96$21,190
Apr 201517265349.822.71$10,336
Mar 201535766142.892.93$17,252
Feb 201517662544.662.98$9,720
Jan 201534974443.433.10$17,464
Dec 201417575454.693.59$12,279
Nov 201418074670.464.25$15,855
Oct 201434979778.303.90$30,436
Sep 201436676886.164.05$34,641
Aug 201417781989.394.04$19,127
Jul 201453774096.564.18$54,946
Jun 2014079198.164.74$3,747
May 201435079494.734.73$36,908
Apr 201418576195.944.81$21,409
Mar 201437678195.895.06$40,004
Feb 201453068697.406.19$55,870
Jan 201418976790.404.86$20,814
Dec 201317278591.824.35$19,211
Nov 201334576488.853.74$33,509
Oct 2013080397.423.78$3,035
Sep 2013547835104.113.72$60,052
Aug 2013193849104.253.52$23,111
Jul 2013176850102.523.72$21,204
Jun 201336280994.403.93$37,355
May 201338383794.834.15$39,793
Apr 201336081093.964.28$37,295
Mar 201336782793.623.91$37,594
Feb 201317873991.233.42$18,766
Jan 201337285891.603.42$37,009
Dec 201218187786.773.42$18,705
Nov 201255687286.953.62$51,505
Oct 201237992989.383.40$37,033
Sep 201237582394.672.92$37,903
Aug 201217942492.662.91$17,819
Jul 201219138885.133.02$17,432
Jun 2012035379.822.52$889
May 2012038691.612.49$960
Apr 20120191101.652.00$381
Mar 2012193267105.052.22$20,868
Feb 2012182529101.102.57$19,760
Jan 201236461398.092.73$37,381
Dec 201117161996.873.24$18,570
Nov 201133844995.723.31$33,840
Oct 2011033384.983.65$1,215
Sep 201136057383.623.99$32,387
Aug 201116435283.404.15$15,138
Jul 201134857894.144.52$35,372
Jun 201137257692.904.64$37,231
May 201119163898.134.40$21,553
Apr 2011530579105.964.33$58,668
Mar 201118561396.364.06$20,314
Feb 201136356885.644.18$33,462
Jan 201116862286.504.59$17,386
Dec 201034863985.734.35$32,612
Nov 201036862280.843.80$32,110
Oct 201018567078.103.51$16,799
Sep 201017662472.633.98$15,266
Aug 201053671373.684.42$42,643
Jul 201016372072.554.74$15,236
Jun 201017370070.364.91$15,610
May 201038369071.124.24$30,161
Apr 201019464081.694.12$18,486
Mar 201076566578.394.39$62,887
Feb 2010060373.585.44$3,282
Jan 201019365874.365.96$18,276
Dec 200938764771.445.48$31,195
Nov 200938853674.593.75$30,952
Oct 200919562372.544.11$16,706
Sep 200936566665.543.06$25,963
Aug 200918868467.423.22$14,876
Jul 200936973161.133.46$25,090
Jun 200936382266.163.90$27,218
May 200919082454.743.93$13,635
Apr 200937777346.773.59$20,405
Mar 200919571342.144.06$11,111
Feb 200956564532.814.63$21,526
Jan 200918873635.865.37$10,695
Dec 200819174637.105.98$11,545
Nov 200837383155.496.86$26,399
Oct 200838378475.246.92$34,244
Sep 2008184783101.767.88$24,892
Aug 2008383791114.228.48$50,456
Jul 2008189785131.0811.39$33,715
Jun 2008391769131.3313.03$61,372
May 2008187775123.1711.57$32,003
Apr 2008371855110.3110.45$49,864
Mar 2008372885101.909.66$46,460
Feb 200818084392.538.77$24,049
Jan 200836785990.388.21$40,218
Dec 200740087488.337.30$41,714
Nov 200719087291.677.29$23,776
Oct 200734488782.856.92$34,640
Sep 200719692075.846.24$20,609
Aug 200755996869.066.39$44,788
Jul 200717993770.906.39$18,677
Jun 200736087162.007.55$28,895
May 200737194358.747.85$29,192
Apr 200737186359.617.81$28,851
Mar 200741392656.927.30$30,270
Feb 200739989555.108.22$29,338
Jan 20071951,00950.306.73$16,596
Dec 200618999256.656.92$17,570
Nov 200655597854.207.62$37,531
Oct 20061861,00754.906.01$16,267
Sep 200635698960.085.04$26,370
Aug 200637199968.717.34$32,824
Jul 200638199269.376.34$32,722
Jun 200637895666.286.38$31,157
May 200619497066.016.42$19,038
Apr 200637599464.397.36$31,463
Mar 20063801,07556.707.08$29,160
Feb 200656595657.597.75$39,948
Jan 200618389360.598.93$19,065
Dec 200538495954.9413.42$33,962
Nov 200538094954.6910.59$30,831
Oct 200536796858.3413.80$34,765
Sep 200519195361.4512.08$23,248
Aug 200536781761.519.80$30,578
Jul 200537789955.697.84$28,047
Jun 200538692052.337.38$26,990
May 200538694345.226.65$23,727
Apr 20053831,01749.207.36$26,329
Mar 20053731,11550.377.15$26,766
Feb 200519398445.226.31$14,938
Jan 20053781,09043.166.32$23,206
Dec 20043861,12839.866.75$23,001
Nov 20043511,08545.286.33$22,762
Oct 20043801,14049.706.52$26,313
Sep 20043821,12243.245.28$22,446
Aug 20045731,20042.375.55$30,939
Jul 20043811,15538.286.08$21,612
Jun 20041891,14936.106.43$14,214
May 20043781,21637.486.49$22,065
Apr 20043821,18534.475.86$20,110
Mar 20045581,20834.365.53$25,853
Feb 20043641,10832.455.51$17,916
Jan 20041861,22332.036.30$13,662
Dec 20035641,21830.266.30$24,742
Nov 20031851,19828.804.60$10,833
Oct 20035721,25028.174.76$22,063
Sep 20031901,17926.314.75$10,598
Aug 20035641,34829.765.13$23,700
Jul 20031941,34529.415.17$12,660
Jun 20035691,31128.565.98$24,094
May 20031931,35526.595.97$13,225
Apr 20035801,32226.675.41$22,617
Mar 20031951,36931.146.10$14,418
Feb 20035781,23733.487.93$29,156
Jan 20035721,37130.315.58$24,990
Dec 20021941,41926.914.85$12,108
Nov 20023821,37824.664.14$15,121
Oct 20023851,42126.464.23$16,197
Sep 20025741,42627.443.64$20,934
Aug 20021931,56125.963.16$9,950
Jul 20025811,56624.583.06$19,076
Jun 20021851,59723.733.34$9,721
May 20025651,62224.663.58$19,746
Apr 20023901,54523.653.51$14,650
Mar 20023691,61622.003.10$13,132
Feb 20025691,43718.222.38$13,781
Jan 20021951,64317.172.38$7,251
Dec 20015671,65716.932.36$13,517
Nov 20013761,64318.072.41$10,747
Oct 20013851,80319.782.53$12,175
Sep 20015661,72124.262.25$17,606
Aug 20011782,25724.873.05$11,318
Jul 20015521,59023.933.20$18,293
Jun 20015831,48724.563.82$20,005
May 20013781,54025.524.31$16,280
Apr 20013941,46424.685.34$17,535
Mar 20015981,60624.545.38$23,309
Feb 20015901,52427.755.77$25,162
Jan 20011941,81027.478.40$20,531
Dec 20005821,80626.889.12$32,119
Nov 20005801,81032.215.66$28,923
Oct 20001951,98531.235.15$16,304
Sep 20005861,11131.875.19$24,438
Aug 20005981,92029.644.54$26,443
Jul 20003932,08428.534.09$19,735
Jun 20003872,05229.304.40$20,362
May 20005562,21627.263.68$23,311
Apr 20005662,17924.513.12$20,662
Mar 20005812,32928.422.86$23,172
Feb 20003802,25327.622.73$16,638
Jan 20005832,55225.272.48$21,063
Dec 19993872,57224.282.42$15,630
Nov 19995752,53923.192.43$19,514
Oct 19995762,77820.982.80$19,873
Sep 19993932,53621.752.62$15,189
Aug 19995772,92219.262.88$19,516
Jul 19995523,12217.892.37$17,282
Jun 19993672,90915.942.36$12,721
May 19997623,39315.792.32$19,907
Apr 19995783,33615.102.21$16,094
Mar 19995903,60712.471.84$13,988
Feb 19995703,4719.981.82$11,998
Jan 19997644,01610.381.90$15,561
Dec 19985694,0259.201.77$12,372
Nov 19985613,89210.892.19$14,616
Oct 19987565,02212.421.97$19,279
Sep 19985654,53712.592.08$16,562
Aug 19987484,95111.301.91$17,896
Jul 19987455,65111.742.24$21,389
Jun 19987463,64111.242.24$16,531
May 19989506,06312.622.21$25,366
Apr 19987606,45513.042.51$26,082
Mar 19989486,43112.802.31$26,986
Feb 19987496,14913.952.30$24,586
Jan 19981,1229,15514.702.15$36,221
Dec 19977617,35716.322.41$30,158
Nov 19977648,41218.193.09$39,876
Oct 19971,1229,15519.253.15$50,435
Sep 19975093,38017.742.95$19,017
Aug 199718716017.862.55$3,749
Jul 199718616917.582.25$3,650
Jun 199718622317.242.26$3,710
May 199738013518.972.31$7,520
Apr 199718813117.882.08$3,634
Mar 19971928818.951.94$3,809
Feb 199719015120.492.21$4,226
Jan 199719323723.483.54$5,371
Dec 199638023723.32$8,862
Nov 199619123621.97$4,196
Oct 199619727323.31$4,592
Sep 199618825522.22$4,177
Aug 199618434420.26$3,728
Jul 199637346419.55$7,292
Jun 199618627018.73$3,484
May 199618210319.43$3,536
Apr 199619819721.51$4,259
Mar 19961821519.38$349

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 2026 — as filed, then multipliedworked
Oil                  550 bbl  × $ 98.93 =    $54,412
Casinghead gas     2,561 Mcf  × $  2.87 =     $7,349

────────────────────────────────────────────────────
Month total                                  $61,761

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/O/7123 is the state's own key, not one this site invented.