LEE, T. W. -B-

Operated by IKARD, ALAN (P-5 422893) in the SHACKELFORD COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 3524District 7BField 82522001OilCasinghead gasSaveExport
Value, all time
$1.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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 1,335 leases and 6,064 wells, and the rule below applies to all of them.

Discovered
1913-12-31
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: CLASS 4 W/DAILY 82 = 6000 TO 8000'

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
OilDisposition20,721 bbl$1,276,066
Casinghead gasProduction20 Mcf$0
Total$1,276,066

20 Mcf of this lease's gas, across 20 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 (21)

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 32.7100, -99.3200. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

32.70731, -99.32006 · 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
28.6%
6 of 21 wells
With a plug date
28.6%
6 of 21 wells
Median depth
999 ft
10 wells filed one
Completion to plug
17.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
628.6%
A plug date is filed
628.6%
BothOn the schedule and plugged. Neither fact cancels the other.
523.8%
NeitherNo plug date, and not on the schedule.
1466.7%

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

Total depth in feet, 10 of 21 wells. Median 999 ft, with the middle half between 991 and 1,024 ft; the shallowest is 920 ft and the deepest 1,295 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 4 of 21 wells, Oct 1956 – May 2010. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Oct 1956 – May 2010
4 of 21 wells; 17 filed none
Plug dates filed
Aug 1974 – Jun 1984
6 of 21 wells; 15 filed none

Last completion to plug: a median of 17.8 years across the 1 well that filed both dates, with the middle half between 17.8 years and 17.8 years. A further 1 well is excluded, because the last completion the Commission holds for it is dated after the plug date. Both dates are the latest of their kind on the wellbore record and they are filed separately, so the two need not run in order. The gap is the distance between two filed dates — it is not a statement of how long the well produced.

21 wells

42-417815121991 ftMay 1984Yes
42-41781529211,025 ftAug 1983Yes
42-41781530221,295 ftSep 1983Yes
42-4178153124Yes
42-417068094
42-41711784191,003 ft
42-4171225418992 ft
42-417815143
42-417815165
42-417815176
42-4178151871,019 ftMay 1984
42-4178152010
42-4178152111
42-4178152213
42-4178152416
42-4178152517
42-4178152820
42-417079348995 ftMay 2010Jun 1984Yes
42-4170821514920 ftMar 2010
42-4178151321,275 ftDec 2005
42-4170152726961 ftOct 1956Aug 1974Yes

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 2024161078.812.20$12,688
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 2024175076.091.78$13,316
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 2023176077.892.81$13,709
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 2023152074.852.64$11,377
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 2023163078.122.24$12,734
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 2023170076.533.39$13,010
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 2022154084.888.16$13,072
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 20221680115.097.98$19,335
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 2022150091.054.86$13,658
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 2021154060.362.76$9,295
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 2020153044.642.68$6,830
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 2020149039.982.39$5,957
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 2020153049.881.98$7,632
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 2019149055.052.66$8,202
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 2019117052.782.49$6,175
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 2019148056.803.06$8,406
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 2018145046.594.19$6,756
Nov 20180052.934.24$0
Oct 2018112061.443.40$6,881
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 2018133065.142.93$8,664
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 2018159063.842.90$10,151
Mar 20180061.222.79$0
Feb 2018166061.782.77$10,255
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 2017168055.423.12$9,311
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 2017163045.373.00$7,395
Jul 20170043.873.09$0
Jun 2017165042.493.09$7,011
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 2017148046.772.98$6,922
Feb 20170050.452.95$0
Jan 2017150049.413.42$7,412
Dec 20160048.763.72$0
Nov 2016168042.492.64$7,138
Oct 20160046.193.09$0
Sep 2016166041.553.10$6,897
Aug 20160041.442.92$0
Jul 2016160041.622.92$6,659
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 2016164036.561.99$5,996
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 2015149032.362.00$4,822
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 2015164042.992.76$7,050
Aug 2015162040.162.87$6,506
Jul 20150048.152.95$0
Jun 2015167056.152.88$9,377
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 2015168042.892.93$7,206
Feb 20150044.662.98$0
Jan 2015168043.433.10$7,296
Dec 20140054.693.59$0
Nov 2014166070.464.25$11,696
Oct 20140078.303.90$0
Sep 2014154086.164.05$13,269
Aug 20140089.394.04$0
Jul 2014160096.564.18$15,450
Jun 20140098.164.74$0
May 2014158094.734.73$14,967
Apr 20140095.944.81$0
Mar 2014151095.895.06$14,479
Feb 20140097.406.19$0
Jan 2014160090.404.86$14,464
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 2013140097.423.78$13,639
Sep 201300104.113.72$0
Aug 20131350104.253.52$14,074
Jul 20131670102.523.72$17,121
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 2013142093.964.28$13,342
Mar 2013156093.623.91$14,605
Feb 20130091.233.42$0
Jan 2013158091.603.42$14,473
Dec 20120086.773.42$0
Nov 2012168086.953.62$14,608
Oct 20120089.383.40$0
Sep 2012157094.672.92$14,863
Aug 20120092.662.91$0
Jul 2012161085.133.02$13,706
Jun 20120079.822.52$0
May 2012165091.612.49$15,116
Apr 201200101.652.00$0
Mar 20121670105.052.22$17,543
Feb 201200101.102.57$0
Jan 2012155098.092.73$15,204
Dec 2011167096.873.24$16,177
Nov 20110095.723.31$0
Oct 2011157084.983.65$13,342
Sep 2011158083.623.99$13,212
Aug 20110083.404.15$0
Jul 2011146094.144.52$13,744
Jun 2011161092.904.64$14,957
May 20110098.134.40$0
Apr 20111550105.964.33$16,424
Mar 2011167096.364.06$16,092
Feb 20110085.644.18$0
Jan 2011160086.504.59$13,840
Dec 2010163085.734.35$13,974
Nov 20100080.843.80$0
Oct 2010156078.103.51$12,184
Sep 2010166072.633.98$12,057
Aug 20100073.684.42$0
Jul 2010163072.554.74$11,826
Jun 2010170070.364.91$11,961
May 20100071.124.24$0
Apr 2010159081.694.12$12,989
Mar 2010174078.394.39$13,640
Feb 20100073.585.44$0
Jan 2010166074.365.96$12,344
Dec 20090071.445.48$0
Nov 2009145074.593.75$10,816
Oct 2009163072.544.11$11,824
Sep 20090065.543.06$0
Aug 2009123067.423.22$8,293
Jul 2009162061.133.46$9,903
Jun 20090066.163.90$0
May 2009157054.743.93$8,594
Apr 2009164046.773.59$7,670
Mar 20090042.144.06$0
Feb 2009161032.814.63$5,282
Jan 20090035.865.37$0
Dec 2008156037.105.98$5,788
Nov 20080055.496.86$0
Oct 2008170075.246.92$12,791
Sep 200800101.767.88$0
Aug 20081630114.228.48$18,618
Jul 200800131.0811.39$0
Jun 20081350131.3313.03$17,730
May 200800123.1711.57$0
Apr 20081390110.3110.45$15,333
Mar 20081640101.909.66$16,712
Feb 20080092.538.77$0
Jan 2008146090.388.21$13,195
Dec 2007166088.337.30$14,663
Nov 20070091.677.29$0
Oct 2007160082.856.92$13,256
Sep 2007157075.846.24$11,907
Aug 20070069.066.39$0
Jul 2007163070.906.39$11,557
Jun 2007156062.007.55$9,672
May 20070058.747.85$0
Apr 2007177059.617.81$10,551
Mar 2007172056.927.30$9,790
Feb 20070055.108.22$0
Jan 2007161050.306.73$8,098
Dec 2006165056.656.92$9,347
Nov 20060054.207.62$0
Oct 2006168054.906.01$9,223
Sep 2006174060.085.04$10,454
Aug 20060068.717.34$0
Jul 2006166069.376.34$11,515
Jun 2006186066.286.38$12,328
May 2006165066.016.42$10,892
Apr 20060064.397.36$0
Mar 2006160056.707.08$9,072
Feb 20060057.597.75$0
Jan 2006163060.598.93$9,876
Dec 2005172054.9413.42$9,450
Nov 2005122054.6910.59$6,672
Oct 2005142058.3413.80$8,284
Sep 2005106061.4512.08$6,514
Aug 2005107061.519.80$6,582
Jul 200584055.697.84$4,678
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 2005146049.207.36$7,183
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 2005164043.166.32$7,078
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 2004165049.706.52$8,201
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 2004154038.286.08$5,895
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 2004178034.475.86$6,136
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 2003165028.174.76$4,648
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 2001179027.478.40$4,917
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 2000145025.272.48$3,664
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 199811409.201.77$1,049
Nov 19980010.892.19$0
Oct 1998128012.421.97$1,590
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 1998119011.742.24$1,397
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 1998127013.042.51$1,656
Mar 19980012.802.31$0
Feb 1998118013.952.30$1,646
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 1997111018.193.09$2,019
Oct 1997123019.253.15$2,368
Sep 19970017.742.95$0
Aug 199798017.862.55$1,750
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 199774020.492.21$1,516
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 199630022.22$667
Aug 1996114020.26$2,310
Jul 19960019.55$0
Jun 199675018.73$1,405
May 1996106019.43$2,060
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 199564016.44$1,052
Feb 19950016.58$0
Jan 19950015.92$0
Dec 1994138015.03$2,074
Nov 19940015.90$0
Oct 1994126015.58$1,963
Sep 19940115.29$0
Aug 199447116.13$758
Jul 199457117.56$1,001
Jun 19940017.09$0
May 199464115.88$1,016
Apr 19940114.14$0
Mar 199482112.46$1,022
Feb 199466112.50$825
Jan 199468112.66$861
Dec 199360112.33$740
Nov 199350114.49$725
Oct 199389115.85$1,411
Sep 199392115.03$1,383
Aug 19930115.66$0
Jul 199347115.46$727
Jun 199382116.79$1,377
May 199355117.68$972
Apr 199377118.05$1,390
Mar 199382118.14$1,487
Feb 199364117.90$1,146
Jan 199393116.93$1,574

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 2024 — as filed, then multipliedworked
Oil                  161 bbl  × $ 78.81 =    $12,688
Casinghead gas         0 Mcf  × $  2.20 =         $0

────────────────────────────────────────────────────
Month total                                  $12,688

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/3524 is the state's own key, not one this site invented.