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 CUMMING COMPANY, INC. THE (P-5 194204) 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 89060District 7BField 44370500NGPA filingGasSave Export

Value, all time

$255 k

Jan 1993 – Jun 2009

Value, last 12 filed months

at the published price for each month

Months reported

198

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	81,237 Mcf	$254,657
Total			$254,657

26,776 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 32.4132, -98.4241. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.41316, -98.42415 · 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

3,912 ft

1 wells filed one

Completion to plug

15.0 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 3,912 ft.

Completions filed

May 2009

1 of 1 wells

Plug dates filed

May 2024

1 of 1 wells

Last completion to plug: a median of 15.0 years across the 1 well that filed both dates, with the middle half between 15.0 years and 15.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-14330640	5	3,912 ft	May 2009	May 2024	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 (198)

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

198 months


Jun 2009	0	66.16	3.90	$0
May 2009	0	54.74	3.93	$0
Apr 2009	0	46.77	3.59	$0
Mar 2009	0	42.14	4.06	$0
Feb 2009	0	32.81	4.63	$0
Jan 2009	0	35.86	5.37	$0
Dec 2008	0	37.10	5.98	$0
Nov 2008	0	55.49	6.86	$0
Oct 2008	0	75.24	6.92	$0
Sep 2008	0	101.76	7.88	$0
Aug 2008	0	114.22	8.48	$0
Jul 2008	0	131.08	11.39	$0
Jun 2008	228	131.33	13.03	$2,971
May 2008	236	123.17	11.57	$2,732
Apr 2008	247	110.31	10.45	$2,582
Mar 2008	249	101.90	9.66	$2,406
Feb 2008	257	92.53	8.77	$2,254
Jan 2008	259	90.38	8.21	$2,125
Dec 2007	267	88.33	7.30	$1,950
Nov 2007	291	91.67	7.29	$2,122
Oct 2007	230	82.85	6.92	$1,592
Sep 2007	277	75.84	6.24	$1,730
Aug 2007	259	69.06	6.39	$1,654
Jul 2007	267	70.90	6.39	$1,706
Jun 2007	266	62.00	7.55	$2,008
May 2007	295	58.74	7.85	$2,315
Apr 2007	226	59.61	7.81	$1,764
Mar 2007	290	56.92	7.30	$2,118
Feb 2007	297	55.10	8.22	$2,440
Jan 2007	191	50.30	6.73	$1,285
Dec 2006	309	56.65	6.92	$2,138
Nov 2006	289	54.20	7.62	$2,201
Oct 2006	272	54.90	6.01	$1,636
Sep 2006	283	60.08	5.04	$1,426
Aug 2006	302	68.71	7.34	$2,217
Jul 2006	324	69.37	6.34	$2,055
Jun 2006	295	66.28	6.38	$1,883
May 2006	252	66.01	6.42	$1,619
Apr 2006	317	64.39	7.36	$2,333
Mar 2006	342	56.70	7.08	$2,422
Feb 2006	278	57.59	7.75	$2,155
Jan 2006	336	60.59	8.93	$3,002
Dec 2005	301	54.94	13.42	$4,038
Nov 2005	383	54.69	10.59	$4,055
Oct 2005	333	58.34	13.80	$4,594
Sep 2005	405	61.45	12.08	$4,892
Aug 2005	342	61.51	9.80	$3,351
Jul 2005	170	55.69	7.84	$1,333
Jun 2005	243	52.33	7.38	$1,794
May 2005	263	45.22	6.65	$1,749
Apr 2005	271	49.20	7.36	$1,995
Mar 2005	338	50.37	7.15	$2,418
Feb 2005	328	45.22	6.31	$2,070
Jan 2005	334	43.16	6.32	$2,112
Dec 2004	374	39.86	6.75	$2,525
Nov 2004	393	45.28	6.33	$2,488
Oct 2004	441	49.70	6.52	$2,873
Sep 2004	474	43.24	5.28	$2,505
Aug 2004	174	42.37	5.55	$966
Jul 2004	426	38.28	6.08	$2,592
Jun 2004	357	36.10	6.43	$2,297
May 2004	446	37.48	6.49	$2,897
Apr 2004	404	34.47	5.86	$2,367
Mar 2004	471	34.36	5.53	$2,605
Feb 2004	470	32.45	5.51	$2,590
Jan 2004	468	32.03	6.30	$2,948
Dec 2003	332	30.26	6.30	$2,092
Nov 2003	191	28.80	4.60	$878
Oct 2003	248	28.17	4.76	$1,180
Sep 2003	325	26.31	4.75	$1,544
Aug 2003	369	29.76	5.13	$1,893
Jul 2003	439	29.41	5.17	$2,270
Jun 2003	479	28.56	5.98	$2,866
May 2003	261	26.59	5.97	$1,559
Apr 2003	358	26.67	5.41	$1,936
Mar 2003	438	31.14	6.10	$2,670
Feb 2003	254	33.48	7.93	$2,013
Jan 2003	331	30.31	5.58	$1,848
Dec 2002	246	26.91	4.85	$1,194
Nov 2002	411	24.66	4.14	$1,700
Oct 2002	424	26.46	4.23	$1,793
Sep 2002	453	27.44	3.64	$1,647
Aug 2002	409	25.96	3.16	$1,294
Jul 2002	474	24.58	3.06	$1,451
Jun 2002	493	23.73	3.34	$1,646
May 2002	387	24.66	3.58	$1,387
Apr 2002	409	23.65	3.51	$1,437
Mar 2002	359	22.00	3.10	$1,114
Feb 2002	415	18.22	2.38	$986
Jan 2002	455	17.17	2.38	$1,081
Dec 2001	446	16.93	2.36	$1,055
Nov 2001	388	18.07	2.41	$933
Oct 2001	438	19.78	2.53	$1,108
Sep 2001	493	24.26	2.25	$1,110
Aug 2001	497	24.87	3.05	$1,517
Jul 2001	468	23.93	3.20	$1,496
Jun 2001	337	24.56	3.82	$1,289
May 2001	351	25.52	4.31	$1,512
Apr 2001	341	24.68	5.34	$1,819
Mar 2001	353	24.54	5.38	$1,898
Feb 2001	347	27.75	5.77	$2,001
Jan 2001	437	27.47	8.40	$3,670
Dec 2000	489	26.88	9.12	$4,461
Nov 2000	466	32.21	5.66	$2,637
Oct 2000	509	31.23	5.15	$2,619
Sep 2000	466	31.87	5.19	$2,417
Aug 2000	486	29.64	4.54	$2,207
Jul 2000	521	28.53	4.09	$2,131
Jun 2000	517	29.30	4.40	$2,273
May 2000	565	27.26	3.68	$2,079
Apr 2000	472	24.51	3.12	$1,471
Mar 2000	490	28.42	2.86	$1,401
Feb 2000	438	27.62	2.73	$1,194
Jan 2000	527	25.27	2.48	$1,307
Dec 1999	542	24.28	2.42	$1,314
Nov 1999	391	23.19	2.43	$952
Oct 1999	535	20.98	2.80	$1,500
Sep 1999	533	21.75	2.62	$1,396
Aug 1999	457	19.26	2.88	$1,314
Jul 1999	552	17.89	2.37	$1,310
Jun 1999	532	15.94	2.36	$1,257
May 1999	0	15.79	2.32	$0
Apr 1999	366	15.10	2.21	$808
Mar 1999	531	12.47	1.84	$976
Feb 1999	467	9.98	1.82	$849
Jan 1999	473	10.38	1.90	$899
Dec 1998	479	9.20	1.77	$849
Nov 1998	434	10.89	2.19	$949
Oct 1998	0	12.42	1.97	$0
Sep 1998	424	12.59	2.08	$883
Aug 1998	480	11.30	1.91	$916
Jul 1998	517	11.74	2.24	$1,157
Jun 1998	600	11.24	2.24	$1,342
May 1998	686	12.62	2.21	$1,514
Apr 1998	550	13.04	2.51	$1,378
Mar 1998	482	12.80	2.31	$1,113
Feb 1998	482	13.95	2.30	$1,108
Jan 1998	656	14.70	2.15	$1,414
Dec 1997	521	16.32	2.41	$1,256
Nov 1997	686	18.19	3.09	$2,119
Oct 1997	780	19.25	3.15	$2,457
Sep 1997	483	17.74	2.95	$1,427
Aug 1997	547	17.86	2.55	$1,397
Jul 1997	490	17.58	2.25	$1,101
Jun 1997	399	17.24	2.26	$901
May 1997	430	18.97	2.31	$993
Apr 1997	497	17.88	2.08	$1,035
Mar 1997	556	18.95	1.94	$1,078
Feb 1997	555	20.49	2.21	$1,224
Jan 1997	706	23.48	3.54	$2,499
Dec 1996	544	23.32	—	$0
Nov 1996	360	21.97	—	$0
Oct 1996	545	23.31	—	$0
Sep 1996	513	22.22	—	$0
Aug 1996	642	20.26	—	$0
Jul 1996	535	19.55	—	$0
Jun 1996	570	18.73	—	$0
May 1996	629	19.43	—	$0
Apr 1996	518	21.51	—	$0
Mar 1996	539	19.38	—	$0
Feb 1996	431	16.98	—	$0
Jan 1996	588	17.07	—	$0
Dec 1995	455	17.19	—	$0
Nov 1995	562	16.00	—	$0
Oct 1995	597	15.43	—	$0
Sep 1995	656	16.18	—	$0
Aug 1995	564	15.92	—	$0
Jul 1995	810	15.24	—	$0
Jun 1995	904	16.41	—	$0
May 1995	787	17.56	—	$0
Apr 1995	426	17.73	—	$0
Mar 1995	221	16.44	—	$0
Feb 1995	223	16.58	—	$0
Jan 1995	299	15.92	—	$0
Dec 1994	334	15.03	—	$0
Nov 1994	0	15.90	—	$0
Oct 1994	396	15.58	—	$0
Sep 1994	462	15.29	—	$0
Aug 1994	441	16.13	—	$0
Jul 1994	425	17.56	—	$0
Jun 1994	417	17.09	—	$0
May 1994	484	15.88	—	$0
Apr 1994	496	14.14	—	$0
Mar 1994	592	12.46	—	$0
Feb 1994	472	12.50	—	$0
Jan 1994	588	12.66	—	$0
Dec 1993	653	12.33	—	$0
Nov 1993	591	14.49	—	$0
Oct 1993	581	15.85	—	$0
Sep 1993	700	15.03	—	$0
Aug 1993	563	15.66	—	$0
Jul 1993	640	15.46	—	$0
Jun 1993	723	16.79	—	$0
May 1993	865	17.68	—	$0
Apr 1993	787	18.05	—	$0
Mar 1993	1,141	18.14	—	$0
Feb 1993	733	17.90	—	$0
Jan 1993	774	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.

Jun 2008 — as filed, then multipliedworked

Gas                  228 Mcf  × $ 13.03 =     $2,971

────────────────────────────────────────────────────
Month total                                   $2,971

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/89060 is the state's own key, not one this site invented.