INDIANOLA RAILROAD

Name: INDIANOLA RAILROAD lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by VANCO OIL & GAS CORP. (P-5 881484) in the INDIANOLA (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 88921District 7BField 44370500NGPA filingGasSave Export

Value, all time

$758 k

Jan 1993 – Feb 2020

Value, last 12 filed months

$2 k

at the published price for each month

Months reported

326

no gaps in the span

Streams

gas

The INDIANOLA (MARBLE FALLS) field

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 11 leases and 11 wells, and the rule below applies to all of them.

Discovered

1979-09-20

as the register files it

Field class

Gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: “EXEMPT FIELD EFF 09/26/08.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Gas	Production	225,934 Mcf	$757,812
Total			$757,812

50,453 Mcf of this lease's gas, across 47 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 32.4227, -98.4239. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.42269, -98.42388 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

3,900 ft

1 wells filed one

Completion to plug

39.8 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 3,900 ft.

Completions filed

Apr 1980

1 of 1 wells

Plug dates filed

Feb 2020

1 of 1 wells

Last completion to plug: a median of 39.8 years across the 1 well that filed both dates, with the middle half between 39.8 years and 39.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-14330582	3	3,900 ft	Apr 1980	Feb 2020	Yes

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 (326)

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

326 months


Feb 2020	0	49.88	1.98	$0
Jan 2020	0	57.25	2.09	$0
Dec 2019	0	59.01	2.30	$0
Nov 2019	0	55.30	2.75	$0
Oct 2019	0	53.47	2.42	$0
Sep 2019	0	55.05	2.66	$0
Aug 2019	0	53.11	2.30	$0
Jul 2019	0	56.27	2.46	$0
Jun 2019	0	52.78	2.49	$0
May 2019	0	58.48	2.74	$0
Apr 2019	0	62.63	2.75	$0
Mar 2019	558	56.80	3.06	$1,709
Feb 2019	501	50.85	2.79	$1,399
Jan 2019	451	46.03	3.23	$1,456
Dec 2018	604	46.59	4.19	$2,528
Nov 2018	224	52.93	4.24	$949
Oct 2018	357	61.44	3.40	$1,213
Sep 2018	241	59.54	3.11	$749
Aug 2018	47	59.40	3.07	$144
Jul 2018	22	65.14	2.93	$65
Jun 2018	12	60.18	3.08	$37
May 2018	17	65.38	2.90	$49
Apr 2018	15	63.84	2.90	$44
Mar 2018	2	61.22	2.79	$6
Feb 2018	6	61.78	2.77	$17
Jan 2018	4	62.87	4.01	$16
Dec 2017	487	57.27	2.92	$1,423
Nov 2017	673	55.42	3.12	$2,099
Oct 2017	843	49.29	2.98	$2,515
Sep 2017	697	47.52	3.09	$2,152
Aug 2017	574	45.37	3.00	$1,725
Jul 2017	110	43.87	3.09	$340
Jun 2017	536	42.49	3.09	$1,655
May 2017	439	45.37	3.26	$1,433
Apr 2017	371	47.93	3.21	$1,192
Mar 2017	654	46.77	2.98	$1,951
Feb 2017	426	50.45	2.95	$1,258
Jan 2017	476	49.41	3.42	$1,627
Dec 2016	476	48.76	3.72	$1,772
Nov 2016	486	42.49	2.64	$1,285
Oct 2016	424	46.19	3.09	$1,310
Sep 2016	557	41.55	3.10	$1,727
Aug 2016	552	41.44	2.92	$1,614
Jul 2016	625	41.62	2.92	$1,828
Jun 2016	528	45.35	2.69	$1,418
May 2016	555	42.52	1.99	$1,105
Apr 2016	603	36.56	1.99	$1,201
Mar 2016	632	33.01	1.79	$1,134
Feb 2016	454	26.47	2.06	$937
Jan 2016	611	27.35	2.36	$1,445
Dec 2015	605	32.36	2.00	$1,211
Nov 2015	492	38.79	2.17	$1,066
Oct 2015	598	43.55	2.43	$1,451
Sep 2015	541	42.99	2.76	$1,492
Aug 2015	571	40.16	2.87	$1,640
Jul 2015	617	48.15	2.95	$1,817
Jun 2015	594	56.15	2.88	$1,712
May 2015	644	55.21	2.96	$1,903
Apr 2015	678	49.82	2.71	$1,835
Mar 2015	711	42.89	2.93	$2,087
Feb 2015	464	44.66	2.98	$1,381
Jan 2015	349	43.43	3.10	$1,082
Dec 2014	616	54.69	3.59	$2,212
Nov 2014	609	70.46	4.25	$2,589
Oct 2014	722	78.30	3.90	$2,816
Sep 2014	287	86.16	4.05	$1,161
Aug 2014	654	89.39	4.04	$2,639
Jul 2014	763	96.56	4.18	$3,189
Jun 2014	693	98.16	4.74	$3,283
May 2014	639	94.73	4.73	$3,020
Apr 2014	755	95.94	4.81	$3,631
Mar 2014	693	95.89	5.06	$3,504
Feb 2014	677	97.40	6.19	$4,192
Jan 2014	698	90.40	4.86	$3,393
Dec 2013	512	91.82	4.35	$2,229
Nov 2013	572	88.85	3.74	$2,138
Oct 2013	556	97.42	3.78	$2,101
Sep 2013	531	104.11	3.72	$1,974
Aug 2013	613	104.25	3.52	$2,159
Jul 2013	524	102.52	3.72	$1,948
Jun 2013	628	94.40	3.93	$2,470
May 2013	640	94.83	4.15	$2,655
Apr 2013	778	93.96	4.28	$3,332
Mar 2013	322	93.62	3.91	$1,260
Feb 2013	292	91.23	3.42	$999
Jan 2013	367	91.60	3.42	$1,255
Dec 2012	483	86.77	3.42	$1,652
Nov 2012	450	86.95	3.62	$1,631
Oct 2012	411	89.38	3.40	$1,397
Sep 2012	444	94.67	2.92	$1,296
Aug 2012	429	92.66	2.91	$1,248
Jul 2012	429	85.13	3.02	$1,296
Jun 2012	429	79.82	2.52	$1,081
May 2012	437	91.61	2.49	$1,087
Apr 2012	435	101.65	2.00	$869
Mar 2012	449	105.05	2.22	$998
Feb 2012	524	101.10	2.57	$1,347
Jan 2012	605	98.09	2.73	$1,654
Dec 2011	570	96.87	3.24	$1,847
Nov 2011	523	95.72	3.31	$1,732
Oct 2011	0	84.98	3.65	$0
Sep 2011	535	83.62	3.99	$2,132
Aug 2011	446	83.40	4.15	$1,851
Jul 2011	484	94.14	4.52	$2,186
Jun 2011	510	92.90	4.64	$2,366
May 2011	502	98.13	4.40	$2,211
Apr 2011	492	105.96	4.33	$2,132
Mar 2011	525	96.36	4.06	$2,130
Feb 2011	524	85.64	4.18	$2,190
Jan 2011	808	86.50	4.59	$3,708
Dec 2010	726	85.73	4.35	$3,156
Nov 2010	810	80.84	3.80	$3,074
Oct 2010	776	78.10	3.51	$2,723
Sep 2010	776	72.63	3.98	$3,088
Aug 2010	744	73.68	4.42	$3,288
Jul 2010	839	72.55	4.74	$3,974
Jun 2010	891	70.36	4.91	$4,375
May 2010	667	71.12	4.24	$2,825
Apr 2010	778	81.69	4.12	$3,207
Mar 2010	595	78.39	4.39	$2,611
Feb 2010	711	73.58	5.44	$3,870
Jan 2010	734	74.36	5.96	$4,378
Dec 2009	770	71.44	5.48	$4,222
Nov 2009	736	74.59	3.75	$2,761
Oct 2009	868	72.54	4.11	$3,568
Sep 2009	780	65.54	3.06	$2,391
Aug 2009	880	67.42	3.22	$2,832
Jul 2009	782	61.13	3.46	$2,709
Jun 2009	870	66.16	3.90	$3,389
May 2009	911	54.74	3.93	$3,576
Apr 2009	823	46.77	3.59	$2,953
Mar 2009	927	42.14	4.06	$3,763
Feb 2009	898	32.81	4.63	$4,160
Jan 2009	895	35.86	5.37	$4,807
Dec 2008	414	37.10	5.98	$2,475
Nov 2008	506	55.49	6.86	$3,471
Oct 2008	459	75.24	6.92	$3,177
Sep 2008	429	101.76	7.88	$3,379
Aug 2008	531	114.22	8.48	$4,504
Jul 2008	639	131.08	11.39	$7,278
Jun 2008	433	131.33	13.03	$5,643
May 2008	448	123.17	11.57	$5,185
Apr 2008	468	110.31	10.45	$4,893
Mar 2008	471	101.90	9.66	$4,552
Feb 2008	486	92.53	8.77	$4,263
Jan 2008	491	90.38	8.21	$4,029
Dec 2007	506	88.33	7.30	$3,695
Nov 2007	552	91.67	7.29	$4,025
Oct 2007	435	82.85	6.92	$3,011
Sep 2007	524	75.84	6.24	$3,272
Aug 2007	490	69.06	6.39	$3,130
Jul 2007	507	70.90	6.39	$3,239
Jun 2007	503	62.00	7.55	$3,797
May 2007	558	58.74	7.85	$4,378
Apr 2007	429	59.61	7.81	$3,348
Mar 2007	550	56.92	7.30	$4,016
Feb 2007	562	55.10	8.22	$4,617
Jan 2007	362	50.30	6.73	$2,435
Dec 2006	585	56.65	6.92	$4,047
Nov 2006	548	54.20	7.62	$4,174
Oct 2006	515	54.90	6.01	$3,097
Sep 2006	535	60.08	5.04	$2,695
Aug 2006	572	68.71	7.34	$4,198
Jul 2006	613	69.37	6.34	$3,888
Jun 2006	559	66.28	6.38	$3,569
May 2006	478	66.01	6.42	$3,071
Apr 2006	600	64.39	7.36	$4,416
Mar 2006	647	56.70	7.08	$4,583
Feb 2006	527	57.59	7.75	$4,085
Jan 2006	636	60.59	8.93	$5,682
Dec 2005	571	54.94	13.42	$7,660
Nov 2005	725	54.69	10.59	$7,677
Oct 2005	630	58.34	13.80	$8,691
Sep 2005	767	61.45	12.08	$9,265
Aug 2005	647	61.51	9.80	$6,339
Jul 2005	323	55.69	7.84	$2,534
Jun 2005	460	52.33	7.38	$3,395
May 2005	499	45.22	6.65	$3,319
Apr 2005	513	49.20	7.36	$3,776
Mar 2005	641	50.37	7.15	$4,586
Feb 2005	621	45.22	6.31	$3,920
Jan 2005	632	43.16	6.32	$3,996
Dec 2004	710	39.86	6.75	$4,793
Nov 2004	746	45.28	6.33	$4,722
Oct 2004	836	49.70	6.52	$5,447
Sep 2004	899	43.24	5.28	$4,750
Aug 2004	330	42.37	5.55	$1,832
Jul 2004	808	38.28	6.08	$4,916
Jun 2004	675	36.10	6.43	$4,342
May 2004	845	37.48	6.49	$5,488
Apr 2004	766	34.47	5.86	$4,488
Mar 2004	892	34.36	5.53	$4,933
Feb 2004	890	32.45	5.51	$4,904
Jan 2004	887	32.03	6.30	$5,588
Dec 2003	629	30.26	6.30	$3,964
Nov 2003	361	28.80	4.60	$1,659
Oct 2003	471	28.17	4.76	$2,242
Sep 2003	616	26.31	4.75	$2,926
Aug 2003	698	29.76	5.13	$3,581
Jul 2003	832	29.41	5.17	$4,302
Jun 2003	907	28.56	5.98	$5,427
May 2003	495	26.59	5.97	$2,956
Apr 2003	678	26.67	5.41	$3,666
Mar 2003	830	31.14	6.10	$5,060
Feb 2003	481	33.48	7.93	$3,812
Jan 2003	628	30.31	5.58	$3,506
Dec 2002	465	26.91	4.85	$2,257
Nov 2002	778	24.66	4.14	$3,219
Oct 2002	803	26.46	4.23	$3,396
Sep 2002	859	27.44	3.64	$3,123
Aug 2002	774	25.96	3.16	$2,449
Jul 2002	897	24.58	3.06	$2,746
Jun 2002	934	23.73	3.34	$3,118
May 2002	733	24.66	3.58	$2,627
Apr 2002	775	23.65	3.51	$2,722
Mar 2002	679	22.00	3.10	$2,107
Feb 2002	786	18.22	2.38	$1,867
Jan 2002	861	17.17	2.38	$2,045
Dec 2001	844	16.93	2.36	$1,996
Nov 2001	734	18.07	2.41	$1,766
Oct 2001	829	19.78	2.53	$2,096
Sep 2001	933	24.26	2.25	$2,100
Aug 2001	941	24.87	3.05	$2,873
Jul 2001	886	23.93	3.20	$2,833
Jun 2001	639	24.56	3.82	$2,444
May 2001	666	25.52	4.31	$2,869
Apr 2001	646	24.68	5.34	$3,447
Mar 2001	669	24.54	5.38	$3,597
Feb 2001	658	27.75	5.77	$3,795
Jan 2001	828	27.47	8.40	$6,954
Dec 2000	927	26.88	9.12	$8,457
Nov 2000	883	32.21	5.66	$4,996
Oct 2000	965	31.23	5.15	$4,965
Sep 2000	883	31.87	5.19	$4,580
Aug 2000	921	29.64	4.54	$4,182
Jul 2000	987	28.53	4.09	$4,037
Jun 2000	979	29.30	4.40	$4,305
May 2000	1,070	27.26	3.68	$3,937
Apr 2000	895	24.51	3.12	$2,789
Mar 2000	929	28.42	2.86	$2,657
Feb 2000	829	27.62	2.73	$2,260
Jan 2000	998	25.27	2.48	$2,476
Dec 1999	1,027	24.28	2.42	$2,489
Nov 1999	740	23.19	2.43	$1,801
Oct 1999	1,013	20.98	2.80	$2,840
Sep 1999	1,009	21.75	2.62	$2,642
Aug 1999	867	19.26	2.88	$2,493
Jul 1999	1,045	17.89	2.37	$2,479
Jun 1999	1,008	15.94	2.36	$2,381
May 1999	1,016	15.79	2.32	$2,358
Apr 1999	694	15.10	2.21	$1,532
Mar 1999	1,006	12.47	1.84	$1,849
Feb 1999	885	9.98	1.82	$1,609
Jan 1999	897	10.38	1.90	$1,704
Dec 1998	907	9.20	1.77	$1,608
Nov 1998	823	10.89	2.19	$1,799
Oct 1998	833	12.42	1.97	$1,640
Sep 1998	803	12.59	2.08	$1,672
Aug 1998	910	11.30	1.91	$1,736
Jul 1998	980	11.74	2.24	$2,193
Jun 1998	1,137	11.24	2.24	$2,544
May 1998	1,299	12.62	2.21	$2,866
Apr 1998	1,042	13.04	2.51	$2,611
Mar 1998	912	12.80	2.31	$2,106
Feb 1998	912	13.95	2.30	$2,097
Jan 1998	1,242	14.70	2.15	$2,676
Dec 1997	986	16.32	2.41	$2,377
Nov 1997	1,300	18.19	3.09	$4,015
Oct 1997	1,478	19.25	3.15	$4,655
Sep 1997	916	17.74	2.95	$2,707
Aug 1997	1,036	17.86	2.55	$2,647
Jul 1997	927	17.58	2.25	$2,083
Jun 1997	756	17.24	2.26	$1,706
May 1997	815	18.97	2.31	$1,881
Apr 1997	941	17.88	2.08	$1,960
Mar 1997	1,054	18.95	1.94	$2,044
Feb 1997	1,051	20.49	2.21	$2,318
Jan 1997	1,338	23.48	3.54	$4,736
Dec 1996	1,031	23.32	—	$0
Nov 1996	682	21.97	—	$0
Oct 1996	1,033	23.31	—	$0
Sep 1996	971	22.22	—	$0
Aug 1996	1,215	20.26	—	$0
Jul 1996	1,013	19.55	—	$0
Jun 1996	1,079	18.73	—	$0
May 1996	1,191	19.43	—	$0
Apr 1996	982	21.51	—	$0
Mar 1996	1,021	19.38	—	$0
Feb 1996	817	16.98	—	$0
Jan 1996	1,114	17.07	—	$0
Dec 1995	862	17.19	—	$0
Nov 1995	1,065	16.00	—	$0
Oct 1995	1,130	15.43	—	$0
Sep 1995	1,243	16.18	—	$0
Aug 1995	1,068	15.92	—	$0
Jul 1995	1,534	15.24	—	$0
Jun 1995	1,713	16.41	—	$0
May 1995	1,491	17.56	—	$0
Apr 1995	808	17.73	—	$0
Mar 1995	419	16.44	—	$0
Feb 1995	422	16.58	—	$0
Jan 1995	565	15.92	—	$0
Dec 1994	632	15.03	—	$0
Nov 1994	0	15.90	—	$0
Oct 1994	750	15.58	—	$0
Sep 1994	874	15.29	—	$0
Aug 1994	835	16.13	—	$0
Jul 1994	805	17.56	—	$0
Jun 1994	790	17.09	—	$0
May 1994	916	15.88	—	$0
Apr 1994	939	14.14	—	$0
Mar 1994	1,122	12.46	—	$0
Feb 1994	895	12.50	—	$0
Jan 1994	1,113	12.66	—	$0
Dec 1993	1,238	12.33	—	$0
Nov 1993	1,119	14.49	—	$0
Oct 1993	1,101	15.85	—	$0
Sep 1993	1,325	15.03	—	$0
Aug 1993	1,067	15.66	—	$0
Jul 1993	1,213	15.46	—	$0
Jun 1993	1,370	16.79	—	$0
May 1993	1,640	17.68	—	$0
Apr 1993	1,490	18.05	—	$0
Mar 1993	2,047	18.14	—	$0
Feb 1993	1,315	17.90	—	$0
Jan 1993	1,388	16.93	—	$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.

Mar 2019 — as filed, then multipliedworked

Gas                  558 Mcf  × $  3.06 =     $1,709

────────────────────────────────────────────────────
Month total                                   $1,709

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. 7B/G/88921 is the state's own key, not one this site invented.