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 89542District 7BField 44370500NGPA filingGasSave Export

Value, all time

$212 k

Jan 1993 – Aug 2009

Value, last 12 filed months

at the published price for each month

Months reported

200

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	67,800 Mcf	$211,760
Total			$211,760

22,081 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 32.4130, -98.4353. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.41304, -98.43528 · 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

3,815 ft

1 wells filed one

Completion to plug

13 months

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 3,815 ft.

Completions filed

Aug 2009

1 of 1 wells

Plug dates filed

Sep 2010

1 of 1 wells

Last completion to plug: a median of 13 months across the 1 well that filed both dates, with the middle half between 13 months and 13 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-14330556	2	3,815 ft	Aug 2009	Sep 2010	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 (200)

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

200 months


Aug 2009	0	67.42	3.22	$0
Jul 2009	0	61.13	3.46	$0
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	188	131.33	13.03	$2,450
May 2008	195	123.17	11.57	$2,257
Apr 2008	204	110.31	10.45	$2,133
Mar 2008	205	101.90	9.66	$1,981
Feb 2008	212	92.53	8.77	$1,859
Jan 2008	214	90.38	8.21	$1,756
Dec 2007	220	88.33	7.30	$1,606
Nov 2007	240	91.67	7.29	$1,750
Oct 2007	189	82.85	6.92	$1,308
Sep 2007	228	75.84	6.24	$1,424
Aug 2007	213	69.06	6.39	$1,361
Jul 2007	220	70.90	6.39	$1,405
Jun 2007	219	62.00	7.55	$1,653
May 2007	243	58.74	7.85	$1,907
Apr 2007	187	59.61	7.81	$1,460
Mar 2007	239	56.92	7.30	$1,745
Feb 2007	245	55.10	8.22	$2,013
Jan 2007	158	50.30	6.73	$1,063
Dec 2006	255	56.65	6.92	$1,764
Nov 2006	238	54.20	7.62	$1,813
Oct 2006	224	54.90	6.01	$1,347
Sep 2006	233	60.08	5.04	$1,174
Aug 2006	249	68.71	7.34	$1,828
Jul 2006	267	69.37	6.34	$1,694
Jun 2006	243	66.28	6.38	$1,551
May 2006	208	66.01	6.42	$1,336
Apr 2006	261	64.39	7.36	$1,921
Mar 2006	282	56.70	7.08	$1,997
Feb 2006	229	57.59	7.75	$1,775
Jan 2006	277	60.59	8.93	$2,475
Dec 2005	249	54.94	13.42	$3,340
Nov 2005	316	54.69	10.59	$3,346
Oct 2005	274	58.34	13.80	$3,780
Sep 2005	334	61.45	12.08	$4,034
Aug 2005	282	61.51	9.80	$2,763
Jul 2005	141	55.69	7.84	$1,106
Jun 2005	200	52.33	7.38	$1,476
May 2005	217	45.22	6.65	$1,443
Apr 2005	223	49.20	7.36	$1,641
Mar 2005	279	50.37	7.15	$1,996
Feb 2005	270	45.22	6.31	$1,704
Jan 2005	275	43.16	6.32	$1,739
Dec 2004	309	39.86	6.75	$2,086
Nov 2004	324	45.28	6.33	$2,051
Oct 2004	364	49.70	6.52	$2,372
Sep 2004	391	43.24	5.28	$2,066
Aug 2004	143	42.37	5.55	$794
Jul 2004	352	38.28	6.08	$2,142
Jun 2004	294	36.10	6.43	$1,891
May 2004	368	37.48	6.49	$2,390
Apr 2004	334	34.47	5.86	$1,957
Mar 2004	388	34.36	5.53	$2,146
Feb 2004	388	32.45	5.51	$2,138
Jan 2004	386	32.03	6.30	$2,432
Dec 2003	274	30.26	6.30	$1,727
Nov 2003	157	28.80	4.60	$721
Oct 2003	205	28.17	4.76	$976
Sep 2003	268	26.31	4.75	$1,273
Aug 2003	304	29.76	5.13	$1,559
Jul 2003	362	29.41	5.17	$1,872
Jun 2003	395	28.56	5.98	$2,363
May 2003	216	26.59	5.97	$1,290
Apr 2003	295	26.67	5.41	$1,595
Mar 2003	361	31.14	6.10	$2,201
Feb 2003	209	33.48	7.93	$1,657
Jan 2003	273	30.31	5.58	$1,524
Dec 2002	203	26.91	4.85	$985
Nov 2002	339	24.66	4.14	$1,402
Oct 2002	350	26.46	4.23	$1,480
Sep 2002	374	27.44	3.64	$1,360
Aug 2002	337	25.96	3.16	$1,066
Jul 2002	391	24.58	3.06	$1,197
Jun 2002	407	23.73	3.34	$1,359
May 2002	319	24.66	3.58	$1,143
Apr 2002	337	23.65	3.51	$1,184
Mar 2002	296	22.00	3.10	$918
Feb 2002	342	18.22	2.38	$812
Jan 2002	375	17.17	2.38	$891
Dec 2001	367	16.93	2.36	$868
Nov 2001	320	18.07	2.41	$770
Oct 2001	361	19.78	2.53	$913
Sep 2001	406	24.26	2.25	$914
Aug 2001	410	24.87	3.05	$1,252
Jul 2001	386	23.93	3.20	$1,234
Jun 2001	278	24.56	3.82	$1,063
May 2001	290	25.52	4.31	$1,249
Apr 2001	281	24.68	5.34	$1,499
Mar 2001	291	24.54	5.38	$1,565
Feb 2001	286	27.75	5.77	$1,649
Jan 2001	360	27.47	8.40	$3,024
Dec 2000	404	26.88	9.12	$3,685
Nov 2000	385	32.21	5.66	$2,178
Oct 2000	420	31.23	5.15	$2,161
Sep 2000	385	31.87	5.19	$1,997
Aug 2000	401	29.64	4.54	$1,821
Jul 2000	430	28.53	4.09	$1,759
Jun 2000	426	29.30	4.40	$1,873
May 2000	466	27.26	3.68	$1,715
Apr 2000	390	24.51	3.12	$1,215
Mar 2000	404	28.42	2.86	$1,155
Feb 2000	361	27.62	2.73	$984
Jan 2000	435	25.27	2.48	$1,079
Dec 1999	447	24.28	2.42	$1,083
Nov 1999	322	23.19	2.43	$784
Oct 1999	441	20.98	2.80	$1,236
Sep 1999	439	21.75	2.62	$1,150
Aug 1999	377	19.26	2.88	$1,084
Jul 1999	455	17.89	2.37	$1,079
Jun 1999	439	15.94	2.36	$1,037
May 1999	442	15.79	2.32	$1,026
Apr 1999	302	15.10	2.21	$667
Mar 1999	438	12.47	1.84	$805
Feb 1999	385	9.98	1.82	$700
Jan 1999	390	10.38	1.90	$741
Dec 1998	395	9.20	1.77	$700
Nov 1998	358	10.89	2.19	$782
Oct 1998	363	12.42	1.97	$715
Sep 1998	350	12.59	2.08	$729
Aug 1998	396	11.30	1.91	$755
Jul 1998	427	11.74	2.24	$955
Jun 1998	495	11.24	2.24	$1,107
May 1998	565	12.62	2.21	$1,247
Apr 1998	454	13.04	2.51	$1,137
Mar 1998	397	12.80	2.31	$917
Feb 1998	397	13.95	2.30	$913
Jan 1998	541	14.70	2.15	$1,166
Dec 1997	429	16.32	2.41	$1,034
Nov 1997	566	18.19	3.09	$1,748
Oct 1997	643	19.25	3.15	$2,025
Sep 1997	399	17.74	2.95	$1,179
Aug 1997	451	17.86	2.55	$1,152
Jul 1997	404	17.58	2.25	$908
Jun 1997	329	17.24	2.26	$743
May 1997	355	18.97	2.31	$820
Apr 1997	410	17.88	2.08	$854
Mar 1997	459	18.95	1.94	$890
Feb 1997	458	20.49	2.21	$1,010
Jan 1997	583	23.48	3.54	$2,064
Dec 1996	449	23.32	—	$0
Nov 1996	297	21.97	—	$0
Oct 1996	450	23.31	—	$0
Sep 1996	423	22.22	—	$0
Aug 1996	529	20.26	—	$0
Jul 1996	441	19.55	—	$0
Jun 1996	470	18.73	—	$0
May 1996	518	19.43	—	$0
Apr 1996	428	21.51	—	$0
Mar 1996	445	19.38	—	$0
Feb 1996	356	16.98	—	$0
Jan 1996	485	17.07	—	$0
Dec 1995	375	17.19	—	$0
Nov 1995	464	16.00	—	$0
Oct 1995	492	15.43	—	$0
Sep 1995	541	16.18	—	$0
Aug 1995	465	15.92	—	$0
Jul 1995	668	15.24	—	$0
Jun 1995	746	16.41	—	$0
May 1995	649	17.56	—	$0
Apr 1995	352	17.73	—	$0
Mar 1995	182	16.44	—	$0
Feb 1995	184	16.58	—	$0
Jan 1995	246	15.92	—	$0
Dec 1994	275	15.03	—	$0
Nov 1994	0	15.90	—	$0
Oct 1994	327	15.58	—	$0
Sep 1994	380	15.29	—	$0
Aug 1994	363	16.13	—	$0
Jul 1994	350	17.56	—	$0
Jun 1994	344	17.09	—	$0
May 1994	399	15.88	—	$0
Apr 1994	409	14.14	—	$0
Mar 1994	488	12.46	—	$0
Feb 1994	390	12.50	—	$0
Jan 1994	485	12.66	—	$0
Dec 1993	539	12.33	—	$0
Nov 1993	487	14.49	—	$0
Oct 1993	479	15.85	—	$0
Sep 1993	577	15.03	—	$0
Aug 1993	464	15.66	—	$0
Jul 1993	528	15.46	—	$0
Jun 1993	596	16.79	—	$0
May 1993	714	17.68	—	$0
Apr 1993	649	18.05	—	$0
Mar 1993	941	18.14	—	$0
Feb 1993	604	17.90	—	$0
Jan 1993	638	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                  188 Mcf  × $ 13.03 =     $2,450

────────────────────────────────────────────────────
Month total                                   $2,450

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/89542 is the state's own key, not one this site invented.