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 89059District 7BField 44370500NGPA filingGasSave Export

Value, all time

$1.8 M

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	545,322 Mcf	$1,798,427
Total			$1,798,427

143,008 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 32.4226, -98.4321. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.42264, -98.43212 · 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

32.3 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

Nov 1987

1 of 1 wells

Plug dates filed

Feb 2020

1 of 1 wells

Last completion to plug: a median of 32.3 years across the 1 well that filed both dates, with the middle half between 32.3 years and 32.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-14330639	4	3,900 ft	Nov 1987	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	78	50.85	2.79	$218
Jan 2019	451	46.03	3.23	$1,456
Dec 2018	601	46.59	4.19	$2,515
Nov 2018	592	52.93	4.24	$2,508
Oct 2018	501	61.44	3.40	$1,702
Sep 2018	407	59.54	3.11	$1,265
Aug 2018	289	59.40	3.07	$886
Jul 2018	178	65.14	2.93	$522
Jun 2018	45	60.18	3.08	$138
May 2018	11	65.38	2.90	$32
Apr 2018	22	63.84	2.90	$64
Mar 2018	2	61.22	2.79	$6
Feb 2018	2	61.78	2.77	$6
Jan 2018	2	62.87	4.01	$8
Dec 2017	730	57.27	2.92	$2,133
Nov 2017	1,000	55.42	3.12	$3,118
Oct 2017	1,265	49.29	2.98	$3,774
Sep 2017	1,046	47.52	3.09	$3,229
Aug 2017	860	45.37	3.00	$2,584
Jul 2017	166	43.87	3.09	$512
Jun 2017	804	42.49	3.09	$2,482
May 2017	146	45.37	3.26	$476
Apr 2017	248	47.93	3.21	$796
Mar 2017	982	46.77	2.98	$2,930
Feb 2017	853	50.45	2.95	$2,519
Jan 2017	685	49.41	3.42	$2,342
Dec 2016	685	48.76	3.72	$2,550
Nov 2016	729	42.49	2.64	$1,928
Oct 2016	636	46.19	3.09	$1,965
Sep 2016	836	41.55	3.10	$2,592
Aug 2016	828	41.44	2.92	$2,421
Jul 2016	937	41.62	2.92	$2,740
Jun 2016	791	45.35	2.69	$2,124
May 2016	833	42.52	1.99	$1,659
Apr 2016	905	36.56	1.99	$1,802
Mar 2016	948	33.01	1.79	$1,701
Feb 2016	682	26.47	2.06	$1,407
Jan 2016	919	27.35	2.36	$2,173
Dec 2015	907	32.36	2.00	$1,815
Nov 2015	738	38.79	2.17	$1,599
Oct 2015	897	43.55	2.43	$2,177
Sep 2015	811	42.99	2.76	$2,237
Aug 2015	856	40.16	2.87	$2,459
Jul 2015	926	48.15	2.95	$2,727
Jun 2015	891	56.15	2.88	$2,569
May 2015	966	55.21	2.96	$2,855
Apr 2015	1,018	49.82	2.71	$2,755
Mar 2015	1,066	42.89	2.93	$3,128
Feb 2015	696	44.66	2.98	$2,071
Jan 2015	524	43.43	3.10	$1,625
Dec 2014	924	54.69	3.59	$3,318
Nov 2014	914	70.46	4.25	$3,886
Oct 2014	1,084	78.30	3.90	$4,229
Sep 2014	430	86.16	4.05	$1,740
Aug 2014	981	89.39	4.04	$3,958
Jul 2014	1,145	96.56	4.18	$4,786
Jun 2014	1,039	98.16	4.74	$4,922
May 2014	958	94.73	4.73	$4,528
Apr 2014	248	95.94	4.81	$1,193
Mar 2014	1,039	95.89	5.06	$5,254
Feb 2014	1,015	97.40	6.19	$6,285
Jan 2014	1,047	90.40	4.86	$5,089
Dec 2013	768	91.82	4.35	$3,344
Nov 2013	858	88.85	3.74	$3,207
Oct 2013	833	97.42	3.78	$3,148
Sep 2013	797	104.11	3.72	$2,963
Aug 2013	919	104.25	3.52	$3,237
Jul 2013	786	102.52	3.72	$2,922
Jun 2013	942	94.40	3.93	$3,705
May 2013	960	94.83	4.15	$3,983
Apr 2013	519	93.96	4.28	$2,223
Mar 2013	482	93.62	3.91	$1,886
Feb 2013	439	91.23	3.42	$1,501
Jan 2013	550	91.60	3.42	$1,881
Dec 2012	724	86.77	3.42	$2,476
Nov 2012	674	86.95	3.62	$2,443
Oct 2012	616	89.38	3.40	$2,094
Sep 2012	667	94.67	2.92	$1,947
Aug 2012	644	92.66	2.91	$1,873
Jul 2012	644	85.13	3.02	$1,945
Jun 2012	644	79.82	2.52	$1,622
May 2012	655	91.61	2.49	$1,630
Apr 2012	652	101.65	2.00	$1,302
Mar 2012	674	105.05	2.22	$1,498
Feb 2012	524	101.10	2.57	$1,347
Jan 2012	734	98.09	2.73	$2,007
Dec 2011	855	96.87	3.24	$2,770
Nov 2011	785	95.72	3.31	$2,599
Oct 2011	710	84.98	3.65	$2,590
Sep 2011	803	83.62	3.99	$3,201
Aug 2011	669	83.40	4.15	$2,776
Jul 2011	726	94.14	4.52	$3,280
Jun 2011	765	92.90	4.64	$3,550
May 2011	754	98.13	4.40	$3,321
Apr 2011	738	105.96	4.33	$3,198
Mar 2011	787	96.36	4.06	$3,193
Feb 2011	524	85.64	4.18	$2,190
Jan 2011	734	86.50	4.59	$3,368
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	269	71.12	4.24	$1,139
Apr 2010	778	81.69	4.12	$3,207
Mar 2010	895	78.39	4.39	$3,928
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	0	42.14	4.06	$0
Feb 2009	898	32.81	4.63	$4,160
Jan 2009	895	35.86	5.37	$4,807
Dec 2008	1,035	37.10	5.98	$6,186
Nov 2008	1,265	55.49	6.86	$8,678
Oct 2008	1,147	75.24	6.92	$7,940
Sep 2008	1,074	101.76	7.88	$8,460
Aug 2008	1,328	114.22	8.48	$11,265
Jul 2008	1,597	131.08	11.39	$18,189
Jun 2008	1,268	131.33	13.03	$16,525
May 2008	1,313	123.17	11.57	$15,197
Apr 2008	1,372	110.31	10.45	$14,344
Mar 2008	1,380	101.90	9.66	$13,336
Feb 2008	1,424	92.53	8.77	$12,489
Jan 2008	1,439	90.38	8.21	$11,808
Dec 2007	1,484	88.33	7.30	$10,836
Nov 2007	1,617	91.67	7.29	$11,791
Oct 2007	1,275	82.85	6.92	$8,826
Sep 2007	1,535	75.84	6.24	$9,585
Aug 2007	1,437	69.06	6.39	$9,179
Jul 2007	1,487	70.90	6.39	$9,499
Jun 2007	1,475	62.00	7.55	$11,134
May 2007	1,635	58.74	7.85	$12,829
Apr 2007	1,257	59.61	7.81	$9,811
Mar 2007	1,612	56.92	7.30	$11,771
Feb 2007	1,647	55.10	8.22	$13,532
Jan 2007	1,061	50.30	6.73	$7,137
Dec 2006	1,713	56.65	6.92	$11,851
Nov 2006	1,606	54.20	7.62	$12,234
Oct 2006	1,509	54.90	6.01	$9,075
Sep 2006	1,568	60.08	5.04	$7,898
Aug 2006	1,677	68.71	7.34	$12,309
Jul 2006	1,800	69.37	6.34	$11,417
Jun 2006	1,638	66.28	6.38	$10,457
May 2006	1,401	66.01	6.42	$9,001
Apr 2006	1,757	64.39	7.36	$12,932
Mar 2006	1,896	56.70	7.08	$13,429
Feb 2006	1,545	57.59	7.75	$11,975
Jan 2006	1,864	60.59	8.93	$16,652
Dec 2005	1,673	54.94	13.42	$22,444
Nov 2005	2,126	54.69	10.59	$22,511
Oct 2005	1,848	58.34	13.80	$25,495
Sep 2005	2,249	61.45	12.08	$27,166
Aug 2005	1,897	61.51	9.80	$18,585
Jul 2005	946	55.69	7.84	$7,420
Jun 2005	1,349	52.33	7.38	$9,957
May 2005	1,464	45.22	6.65	$9,737
Apr 2005	1,504	49.20	7.36	$11,070
Mar 2005	1,879	50.37	7.15	$13,444
Feb 2005	1,819	45.22	6.31	$11,481
Jan 2005	1,855	43.16	6.32	$11,728
Dec 2004	2,081	39.86	6.75	$14,049
Nov 2004	2,187	45.28	6.33	$13,845
Oct 2004	2,450	49.70	6.52	$15,962
Sep 2004	2,635	43.24	5.28	$13,923
Aug 2004	968	42.37	5.55	$5,373
Jul 2004	2,370	38.28	6.08	$14,420
Jun 2004	1,980	36.10	6.43	$12,737
May 2004	2,479	37.48	6.49	$16,100
Apr 2004	2,245	34.47	5.86	$13,152
Mar 2004	2,615	34.36	5.53	$14,461
Feb 2004	2,609	32.45	5.51	$14,375
Jan 2004	2,600	32.03	6.30	$16,379
Dec 2003	1,843	30.26	6.30	$11,614
Nov 2003	1,058	28.80	4.60	$4,862
Oct 2003	1,379	28.17	4.76	$6,564
Sep 2003	1,805	26.31	4.75	$8,573
Aug 2003	2,046	29.76	5.13	$10,495
Jul 2003	2,439	29.41	5.17	$12,612
Jun 2003	2,659	28.56	5.98	$15,909
May 2003	1,451	26.59	5.97	$8,666
Apr 2003	1,988	26.67	5.41	$10,750
Mar 2003	2,433	31.14	6.10	$14,832
Feb 2003	1,410	33.48	7.93	$11,175
Jan 2003	1,840	30.31	5.58	$10,271
Dec 2002	1,364	26.91	4.85	$6,621
Nov 2002	2,280	24.66	4.14	$9,432
Oct 2002	2,352	26.46	4.23	$9,947
Sep 2002	2,518	27.44	3.64	$9,153
Aug 2002	2,268	25.96	3.16	$7,176
Jul 2002	2,630	24.58	3.06	$8,052
Jun 2002	2,738	23.73	3.34	$9,140
May 2002	2,150	24.66	3.58	$7,706
Apr 2002	2,271	23.65	3.51	$7,976
Mar 2002	1,991	22.00	3.10	$6,178
Feb 2002	2,303	18.22	2.38	$5,471
Jan 2002	2,524	17.17	2.38	$5,996
Dec 2001	2,473	16.93	2.36	$5,847
Nov 2001	2,125	18.07	2.41	$5,112
Oct 2001	2,430	19.78	2.53	$6,145
Sep 2001	2,735	24.26	2.25	$6,157
Aug 2001	2,757	24.87	3.05	$8,418
Jul 2001	2,597	23.93	3.20	$8,303
Jun 2001	1,872	24.56	3.82	$7,159
May 2001	1,951	25.52	4.31	$8,404
Apr 2001	1,894	24.68	5.34	$10,105
Mar 2001	1,960	24.54	5.38	$10,538
Feb 2001	1,928	27.75	5.77	$11,119
Jan 2001	2,426	27.47	8.40	$20,375
Dec 2000	2,717	26.88	9.12	$24,786
Nov 2000	2,589	32.21	5.66	$14,649
Oct 2000	2,828	31.23	5.15	$14,551
Sep 2000	2,589	31.87	5.19	$13,428
Aug 2000	2,699	29.64	4.54	$12,255
Jul 2000	2,893	28.53	4.09	$11,832
Jun 2000	2,870	29.30	4.40	$12,620
May 2000	3,137	27.26	3.68	$11,543
Apr 2000	2,623	24.51	3.12	$8,173
Mar 2000	2,722	28.42	2.86	$7,784
Feb 2000	2,431	27.62	2.73	$6,628
Jan 2000	2,925	25.27	2.48	$7,255
Dec 1999	3,011	24.28	2.42	$7,298
Nov 1999	2,168	23.19	2.43	$5,277
Oct 1999	2,969	20.98	2.80	$8,324
Sep 1999	2,957	21.75	2.62	$7,744
Aug 1999	2,540	19.26	2.88	$7,304
Jul 1999	3,062	17.89	2.37	$7,264
Jun 1999	2,954	15.94	2.36	$6,978
May 1999	2,979	15.79	2.32	$6,914
Apr 1999	2,034	15.10	2.21	$4,491
Mar 1999	2,947	12.47	1.84	$5,418
Feb 1999	2,593	9.98	1.82	$4,714
Jan 1999	2,628	10.38	1.90	$4,993
Dec 1998	2,657	9.20	1.77	$4,712
Nov 1998	2,411	10.89	2.19	$5,270
Oct 1998	2,443	12.42	1.97	$4,811
Sep 1998	2,354	12.59	2.08	$4,902
Aug 1998	2,666	11.30	1.91	$5,085
Jul 1998	2,872	11.74	2.24	$6,425
Jun 1998	3,332	11.24	2.24	$7,455
May 1998	3,806	12.62	2.21	$8,397
Apr 1998	3,053	13.04	2.51	$7,649
Mar 1998	2,674	12.80	2.31	$6,175
Feb 1998	2,674	13.95	2.30	$6,148
Jan 1998	3,641	14.70	2.15	$7,846
Dec 1997	2,890	16.32	2.41	$6,968
Nov 1997	3,810	18.19	3.09	$11,766
Oct 1997	4,331	19.25	3.15	$13,642
Sep 1997	2,683	17.74	2.95	$7,928
Aug 1997	3,036	17.86	2.55	$7,756
Jul 1997	2,718	17.58	2.25	$6,107
Jun 1997	2,215	17.24	2.26	$5,000
May 1997	2,389	18.97	2.31	$5,515
Apr 1997	2,758	17.88	2.08	$5,744
Mar 1997	3,089	18.95	1.94	$5,990
Feb 1997	3,082	20.49	2.21	$6,799
Jan 1997	3,921	23.48	3.54	$13,879
Dec 1996	3,023	23.32	—	$0
Nov 1996	1,998	21.97	—	$0
Oct 1996	3,027	23.31	—	$0
Sep 1996	2,847	22.22	—	$0
Aug 1996	3,562	20.26	—	$0
Jul 1996	2,969	19.55	—	$0
Jun 1996	3,162	18.73	—	$0
May 1996	3,490	19.43	—	$0
Apr 1996	2,878	21.51	—	$0
Mar 1996	2,994	19.38	—	$0
Feb 1996	2,394	16.98	—	$0
Jan 1996	3,266	17.07	—	$0
Dec 1995	2,525	17.19	—	$0
Nov 1995	3,123	16.00	—	$0
Oct 1995	3,313	15.43	—	$0
Sep 1995	3,642	16.18	—	$0
Aug 1995	3,130	15.92	—	$0
Jul 1995	4,495	15.24	—	$0
Jun 1995	5,020	16.41	—	$0
May 1995	4,370	17.56	—	$0
Apr 1995	2,367	17.73	—	$0
Mar 1995	1,228	16.44	—	$0
Feb 1995	1,238	16.58	—	$0
Jan 1995	1,657	15.92	—	$0
Dec 1994	1,854	15.03	—	$0
Nov 1994	0	15.90	—	$0
Oct 1994	2,198	15.58	—	$0
Sep 1994	2,560	15.29	—	$0
Aug 1994	2,446	16.13	—	$0
Jul 1994	2,358	17.56	—	$0
Jun 1994	2,317	17.09	—	$0
May 1994	2,684	15.88	—	$0
Apr 1994	2,753	14.14	—	$0
Mar 1994	3,288	12.46	—	$0
Feb 1994	2,623	12.50	—	$0
Jan 1994	3,263	12.66	—	$0
Dec 1993	3,628	12.33	—	$0
Nov 1993	3,281	14.49	—	$0
Oct 1993	3,226	15.85	—	$0
Sep 1993	3,884	15.03	—	$0
Aug 1993	3,127	15.66	—	$0
Jul 1993	3,554	15.46	—	$0
Jun 1993	4,014	16.79	—	$0
May 1993	4,803	17.68	—	$0
Apr 1993	4,367	18.05	—	$0
Mar 1993	3,906	18.14	—	$0
Feb 1993	2,508	17.90	—	$0
Jan 1993	2,648	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/89059 is the state's own key, not one this site invented.