IBEX-J

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 32119District 7BField 44163142OilCasinghead gasSaveExport
Value, all time
$473 k
Apr 2017 – May 2026
Value, last 12 filed months
$38 k
at the published price for each month
Months reported
110
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
OilDisposition4,629 bbl$280,744
Casinghead gasProduction57,487 Mcf$192,132
Total$472,876

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 32.6448, -99.0757. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.64484, -99.07569 · 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
4,184 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 4,184 ft.

Completions filed
Apr 2017
1 of 1 wells

1 well

42-4293680214,184 ftApr 2017

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 (110)

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

110 months

May 20260345106.413.05$1,051
Apr 2026032398.932.87$927
Mar 202613134389.753.15$12,838
Feb 2026033963.503.75$1,271
Jan 2026027259.138.00$2,175
Dec 2025032856.664.41$1,448
Nov 2025034758.593.93$1,362
Oct 202513835459.383.30$9,364
Sep 2025037462.743.08$1,151
Aug 2025038363.933.01$1,155
Jul 20255334366.743.32$4,674
Jun 2025029766.483.13$929
May 2025032460.553.23$1,047
Apr 2025032162.363.54$1,137
Mar 202512334067.704.27$9,778
Feb 2025029770.884.34$1,289
Jan 2025028874.324.28$1,232
Dec 2024033068.993.12$1,030
Nov 202411234369.052.20$8,488
Oct 2024040171.372.28$915
Sep 2024026069.612.36$615
Aug 2024034075.632.06$702
Jul 202411133979.932.15$9,600
Jun 2024033778.082.63$888
May 2024033878.812.20$743
Apr 2024034184.451.66$566
Mar 202412337180.301.55$10,450
Feb 2024032776.091.78$583
Jan 2024035173.023.30$1,157
Dec 2023037071.262.61$966
Nov 202311138977.892.81$9,738
Oct 2023034085.443.09$1,050
Sep 2023035489.042.74$968
Aug 20236132780.522.67$5,786
Jul 2023036074.852.64$951
Jun 20236334968.962.26$5,133
May 20237337370.622.23$5,986
Apr 2023039478.122.24$882
Mar 2023040472.852.39$967
Feb 20238036875.112.47$6,916
Jan 2023042376.533.39$1,433
Dec 20229239576.415.73$9,293
Nov 2022040085.005.65$2,258
Oct 202211542887.185.86$12,535
Sep 2022040284.888.16$3,282
Aug 2022041894.529.13$3,815
Jul 202263441101.587.54$9,726
Jun 202279385115.097.98$12,163
May 20220431109.378.43$3,635
Apr 20220413104.226.84$2,824
Mar 2022111383108.885.08$14,030
Feb 2022034091.054.86$1,652
Jan 2022041381.844.54$1,874
Dec 20217138671.323.90$6,569
Nov 2021041077.435.24$2,147
Oct 20217842879.795.71$8,669
Sep 2021040869.865.35$2,183
Aug 202110443266.024.22$8,689
Jul 2021041970.783.98$1,668
Jun 2021040269.493.38$1,359
May 202111942063.483.02$8,822
Apr 2021039660.362.76$1,092
Mar 2021042561.302.72$1,155
Feb 20217729957.805.55$6,109
Jan 2021038150.412.81$1,071
Dec 202011839144.642.68$6,314
Nov 2020038638.772.71$1,045
Oct 2020034436.972.48$853
Sep 20209637537.091.99$4,307
Aug 2020035539.982.39$847
Jul 2020043238.371.83$788
Jun 202010837734.901.69$4,406
May 2020040916.921.81$742
Apr 2020043614.751.80$787
Mar 202010847430.341.86$4,157
Feb 2020039249.881.98$776
Jan 2020043957.252.09$920
Dec 201910045059.012.30$6,938
Nov 2019045655.302.75$1,254
Oct 20198534653.472.42$5,382
Sep 2019047955.052.66$1,273
Aug 201910352053.112.30$6,669
Jul 2019051056.272.46$1,255
Jun 2019050052.782.49$1,246
May 2019055358.482.74$1,515
Apr 2019053462.632.75$1,469
Mar 20195156156.803.06$4,615
Feb 2019049750.852.79$1,388
Jan 20197156946.033.23$5,105
Dec 2018055246.594.19$2,310
Nov 2018052852.934.24$2,237
Oct 20187454761.443.40$6,405
Sep 2018053959.543.11$1,675
Aug 20187858459.403.07$6,424
Jul 2018059665.142.93$1,747
Jun 2018059760.183.08$1,837
May 2018066065.382.90$1,915
Apr 2018063363.842.90$1,836
Mar 2018078261.222.79$2,179
Feb 2018087061.782.77$2,407
Jan 2018097662.874.01$3,913
Dec 2017751,18457.272.92$7,754
Nov 201701,27155.423.12$3,963
Oct 2017651,60649.292.98$7,996
Sep 2017851,64947.523.09$9,130
Aug 20171181,78345.373.00$10,711
Jul 20171791,80743.873.09$13,431
Jun 20173011,81642.493.09$18,396
May 20173431,71345.373.26$21,152
Apr 20173832,20747.933.21$25,445

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       345 Mcf  × $  3.05 =     $1,051

────────────────────────────────────────────────────
Month total                                   $1,051

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/32119 is the state's own key, not one this site invented.