IBEX R

Operated by PENDRAGON OIL CO. (P-5 651162) in the IBEX (CADDO LIME) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31944District 7BField 44163142OilCasinghead gasSaveExport
Value, all time
$157 k
Feb 2016 – May 2026
Value, last 12 filed months
$21 k
at the published price for each month
Months reported
124
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 28 leases and 29 wells, and the rule below applies to all of them.

Discovered
1988-05-23
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 05/01/94.

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
OilDisposition405 bbl$21,173
Casinghead gasProduction46,154 Mcf$135,487
Total$156,659

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 32.6275, -99.0778. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.62750, -99.07784 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
4,290 ft
1 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.
1100.0%

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 4,290 ft.

Completions filed
Feb 2016
1 of 1 wells

1 well

42-4293683114,290 ftFeb 2016

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 (124)

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

124 months

May 20260482106.413.05$1,468
Apr 2026047498.932.87$1,360
Mar 2026049789.753.15$1,565
Feb 2026046963.503.75$1,759
Jan 2026046559.138.00$3,719
Dec 2025050256.664.41$2,216
Nov 2025049558.593.93$1,944
Oct 2025052759.383.30$1,742
Sep 2025051962.743.08$1,597
Aug 2025045563.933.01$1,372
Jul 2025041366.743.32$1,369
Jun 2025030866.483.13$964
May 2025026160.553.23$844
Apr 2025035962.363.54$1,272
Mar 20254736967.704.27$4,757
Feb 2025037570.884.34$1,628
Jan 2025035574.324.28$1,519
Dec 2024036168.993.12$1,127
Nov 2024037669.052.20$827
Oct 2024031871.372.28$725
Sep 2024024769.612.36$584
Aug 2024025375.632.06$522
Jul 2024038179.932.15$818
Jun 2024046578.082.63$1,225
May 2024051078.812.20$1,121
Apr 2024055784.451.66$924
Mar 2024063280.301.55$977
Feb 2024047676.091.78$849
Jan 2024061173.023.30$2,015
Dec 2023074571.262.61$1,945
Nov 2023061977.892.81$1,738
Oct 2023068385.443.09$2,109
Sep 2023070889.042.74$1,936
Aug 2023075080.522.67$2,005
Jul 2023073874.852.64$1,950
Jun 2023074268.962.26$1,676
May 2023069870.622.23$1,555
Apr 2023054278.122.24$1,213
Mar 2023063572.852.39$1,520
Feb 2023059875.112.47$1,474
Jan 2023067976.533.39$2,300
Dec 2022060676.415.73$3,472
Nov 2022063985.005.65$3,608
Oct 20225360287.185.86$8,151
Sep 2022042584.888.16$3,470
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 2020018849.881.98$372
Jan 2020035757.252.09$748
Dec 2019035459.012.30$816
Nov 2019026555.302.75$729
Oct 201906753.472.42$162
Sep 2019012155.052.66$322
Aug 2019040553.112.30$933
Jul 2019039456.272.46$969
Jun 20196741352.782.49$4,565
May 2019032058.482.74$877
Apr 2019049362.632.75$1,356
Mar 2019010356.803.06$315
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 201801652.934.24$68
Oct 201802361.443.40$78
Sep 201805159.543.11$159
Aug 2018014159.403.07$432
Jul 2018010165.142.93$296
Jun 2018041360.183.08$1,271
May 2018045565.382.90$1,320
Apr 2018041863.842.90$1,213
Mar 2018035661.222.79$992
Feb 2018034361.782.77$949
Jan 2018041962.874.01$1,680
Dec 2017043457.272.92$1,268
Nov 2017044555.423.12$1,388
Oct 2017036649.292.98$1,092
Sep 2017042047.523.09$1,297
Aug 2017041645.373.00$1,250
Jul 20174731843.873.09$3,044
Jun 2017042242.493.09$1,303
May 2017044945.373.26$1,465
Apr 2017043047.933.21$1,381
Mar 2017048046.772.98$1,432
Feb 2017046150.452.95$1,361
Jan 2017051549.413.42$1,761
Dec 2016053748.763.72$1,999
Nov 20166341342.492.64$3,769
Oct 2016013046.193.09$402
Sep 2016013041.553.10$403
Aug 201602541.442.92$73
Jul 2016481,38541.622.92$6,048
Jun 201601,64545.352.69$4,418
May 2016481,78042.521.99$5,585
Apr 201601,84036.561.99$3,664
Mar 2016322,04633.011.79$4,727
Feb 201601,93026.472.06$3,983

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.

May 2026 — as filed, then multipliedworked
Oil                    0 bbl  × $106.41 =         $0
Casinghead gas       482 Mcf  × $  3.05 =     $1,468

────────────────────────────────────────────────────
Month total                                   $1,468

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/O/31944 is the state's own key, not one this site invented.