UL THE MACHINE A 29-32-5

Operated by IRON ORCHARD OPERATING LLC (P-5 426412) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 22672District 7CField 85279200OilCasinghead gasSave
Value, all time
$17.6 M
May 2024 – May 2026
Value, last 12 filed months
$5.6 M
at the published price for each month
Months reported
25
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition235,948 bbl$16,773,184
Casinghead gasProduction240,154 Mcf$788,653
Total$17,561,837

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 31.1219, -101.8055. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.12189, -101.80546 · 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
8,167 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 8,167 ft.

Completions filed
May 2024
1 of 1 wells

1 well

42-46142688501UH8,167 ftMay 2024

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 (25)

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

25 months

May 20265,3153,815106.413.05$577,189
Apr 20265,7393,15898.932.87$576,822
Mar 20266,6555,55489.753.15$614,778
Feb 20266,7564,93663.503.75$447,518
Jan 20264,4535,14459.138.00$304,447
Dec 20253,2477,94956.664.41$219,057
Nov 20256,21410,46558.593.93$405,168
Oct 20256,60311,36359.383.30$429,639
Sep 20256,85711,77262.743.08$466,430
Aug 20257,26111,42063.933.01$498,624
Jul 20257,32912,12666.743.32$529,338
Jun 20257,34413,59966.483.13$530,777
May 20258,39316,29260.553.23$560,857
Apr 20258,77813,95562.363.54$596,840
Mar 202511,61310,10467.704.27$829,327
Feb 20256,5407,37670.884.34$495,573
Jan 202512,11214,74674.324.28$963,257
Dec 202413,10115,18168.993.12$951,224
Nov 202414,12817,94669.052.20$1,014,992
Oct 202421,49216,05371.372.28$1,570,507
Sep 202423,90511,08169.612.36$1,690,227
Aug 202423,19610,88575.632.06$1,776,776
Jul 202413,0795,23479.932.15$1,056,640
Jun 20245,838078.082.63$455,831
May 20240078.812.20$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.

May 2026 — as filed, then multipliedworked
Oil                5,315 bbl  × $106.41 =   $565,569
Casinghead gas     3,815 Mcf  × $  3.05 =    $11,620

────────────────────────────────────────────────────
Month total                                 $577,189

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. 7C/O/22672 is the state's own key, not one this site invented.