IRA, N. W. "I"

Operated by PETEX (P-5 659782) in the TRI-WE (REEF) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 68412District 8AField 91132500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$9.0 M
Mar 2002 – May 2026
Value, last 12 filed months
$229 k
at the published price for each month
Months reported
291
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 11 leases and 14 wells, and the rule below applies to all of them.

Discovered
1958-10-26
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

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
OilDisposition183,648 bbl$8,869,308
Casinghead gasProduction20,276 Mcf$111,156
Total$8,980,464

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 32.6719, -101.0060. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.67194, -101.00601 · 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
6,886 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 6,886 ft.

Completions filed
Feb 2002
1 of 1 wells

1 well

42-41533888106,886 ftFeb 2002

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 (291)

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

291 months

May 20261410106.413.05$15,004
Apr 2026461098.932.87$45,607
Mar 2026364089.753.15$32,669
Feb 2026131063.503.75$8,319
Jan 2026369059.138.00$21,819
Dec 2025363056.664.41$20,568
Nov 2025502058.593.93$29,412
Oct 2025181059.383.30$10,748
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 2025326066.743.32$21,757
Jun 2025348066.483.13$23,135
May 2025171060.553.23$10,354
Apr 20250062.363.54$0
Mar 2025330067.704.27$22,341
Feb 2025184070.884.34$13,042
Jan 2025341074.324.28$25,343
Dec 2024392068.993.12$27,044
Nov 20240069.052.20$0
Oct 2024336071.372.28$23,980
Sep 2024180069.612.36$12,530
Aug 2024354075.632.06$26,773
Jul 2024176079.932.15$14,068
Jun 2024338078.082.63$26,391
May 2024172078.812.20$13,555
Apr 2024338084.451.66$28,544
Mar 2024340080.301.55$27,302
Feb 20240076.091.78$0
Jan 2024353073.023.30$25,776
Dec 2023182071.262.61$12,969
Nov 2023184077.892.81$14,332
Oct 2023170085.443.09$14,525
Sep 2023337089.042.74$30,006
Aug 2023171080.522.67$13,769
Jul 2023171074.852.64$12,799
Jun 2023342068.962.26$23,584
May 2023172070.622.23$12,147
Apr 2023335078.122.24$26,170
Mar 2023169072.852.39$12,312
Feb 2023175075.112.47$13,144
Jan 2023171076.533.39$13,087
Dec 2022172076.415.73$13,143
Nov 2022175085.005.65$14,875
Oct 2022323087.185.86$28,159
Sep 2022170084.888.16$14,430
Aug 2022329094.529.13$31,097
Jul 20223340101.587.54$33,928
Jun 20223250115.097.98$37,404
May 20221670109.378.43$18,265
Apr 20223210104.226.84$33,455
Mar 20223450108.885.08$37,564
Feb 2022191091.054.86$17,391
Jan 2022174081.844.54$14,240
Dec 2021344071.323.90$24,534
Nov 2021174077.435.24$13,473
Oct 2021323079.795.71$25,772
Sep 2021349069.865.35$24,381
Aug 2021352066.024.22$23,239
Jul 2021338070.783.98$23,924
Jun 2021336069.493.38$23,349
May 2021175063.483.02$11,109
Apr 2021494060.362.76$29,818
Mar 2021183061.302.72$11,218
Feb 2021179057.805.55$10,346
Jan 2021346050.412.81$17,442
Dec 2020345044.642.68$15,401
Nov 2020356038.772.71$13,802
Oct 2020513036.972.48$18,966
Sep 20200037.091.99$0
Aug 2020339039.982.39$13,553
Jul 2020504038.371.83$19,338
Jun 2020346034.901.69$12,075
May 2020331016.921.81$5,601
Apr 2020510014.751.80$7,523
Mar 2020169030.341.86$5,127
Feb 2020347049.881.98$17,308
Jan 2020335057.252.09$19,179
Dec 2019506059.012.30$29,859
Nov 2019341055.302.75$18,857
Oct 2019339053.472.42$18,126
Sep 2019297055.052.66$16,350
Aug 2019306053.112.30$16,252
Jul 2019514056.272.46$28,923
Jun 2019171052.782.49$9,025
May 2019336058.482.74$19,649
Apr 2019348062.632.75$21,795
Mar 2019350056.803.06$19,880
Feb 2019350050.852.79$17,798
Jan 2019355046.033.23$16,341
Dec 2018350046.594.19$16,307
Nov 2018340052.934.24$17,996
Oct 2018514061.443.40$31,580
Sep 2018167059.543.11$9,943
Aug 2018514059.403.07$30,532
Jul 2018348065.142.93$22,669
Jun 2018322060.183.08$19,378
May 2018507065.382.90$33,148
Apr 2018348063.842.90$22,216
Mar 2018528061.222.79$32,324
Feb 2018338061.782.77$20,882
Jan 2018349062.874.01$21,942
Dec 2017364057.272.92$20,846
Nov 2017361055.423.12$20,007
Oct 2017503049.292.98$24,793
Sep 2017373047.523.09$17,725
Aug 2017371045.373.00$16,832
Jul 2017525043.873.09$23,032
Jun 2017367042.493.09$15,594
May 2017367045.373.26$16,651
Apr 2017548047.933.21$26,266
Mar 2017531046.772.98$24,835
Feb 2017379050.452.95$19,121
Jan 2017389049.413.42$19,220
Dec 2016557048.763.72$27,159
Nov 2016362042.492.64$15,381
Oct 2016555046.193.09$25,635
Sep 2016532041.553.10$22,105
Aug 2016366041.442.92$15,167
Jul 2016543041.622.92$22,600
Jun 2016351045.352.69$15,918
May 2016544042.521.99$23,131
Apr 2016544036.561.99$19,889
Mar 2016370033.011.79$12,214
Feb 2016550026.472.06$14,559
Jan 2016367027.352.36$10,037
Dec 2015368032.362.00$11,908
Nov 2015372038.792.17$14,430
Oct 2015531043.552.43$23,125
Sep 2015352042.992.76$15,132
Aug 2015371040.162.87$14,899
Jul 2015338048.152.95$16,275
Jun 2015536056.152.88$30,096
May 2015376055.212.96$20,759
Apr 2015385049.822.71$19,181
Mar 2015534042.892.93$22,903
Feb 2015191044.662.98$8,530
Jan 2015562043.433.10$24,408
Dec 2014182054.693.59$9,954
Nov 2014383070.464.25$26,986
Oct 2014335078.303.90$26,231
Sep 2014193086.164.05$16,629
Aug 2014166089.394.04$14,839
Jul 2014337096.564.18$32,541
Jun 2014334098.164.74$32,785
May 2014374094.734.73$35,429
Apr 2014189095.944.81$18,133
Mar 2014193095.895.06$18,507
Feb 2014190097.406.19$18,506
Jan 2014384090.404.86$34,714
Dec 2013190091.824.35$17,446
Nov 2013190088.853.74$16,882
Oct 2013377097.423.78$36,727
Sep 20133780104.113.72$39,354
Aug 20131910104.253.52$19,912
Jul 20133700102.523.72$37,932
Jun 20130094.403.93$0
May 2013376094.834.15$35,656
Apr 2013190093.964.28$17,852
Mar 2013193093.623.91$18,069
Feb 2013193091.233.42$17,607
Jan 2013192091.603.42$17,587
Dec 2012181086.773.42$15,705
Nov 2012371086.953.62$32,258
Oct 2012189089.383.40$16,893
Sep 2012178094.672.92$16,851
Aug 2012375092.662.91$34,748
Jul 20120085.133.02$0
Jun 2012181079.822.52$14,447
May 2012340091.612.49$31,147
Apr 20123660101.652.00$37,204
Mar 20121910105.052.22$20,065
Feb 20121820101.102.57$18,400
Jan 2012554098.092.73$54,342
Dec 20110096.873.24$0
Nov 2011379095.723.31$36,278
Oct 20114084.983.65$340
Sep 2011370083.623.99$30,939
Aug 2011570083.404.15$47,538
Jul 2011564094.144.52$53,095
Jun 20112092.904.64$186
May 2011515098.134.40$50,537
Apr 20111910105.964.33$20,238
Mar 2011572096.364.06$55,118
Feb 20111085.644.18$86
Jan 2011568086.504.59$49,132
Dec 2010385085.734.35$33,006
Nov 20101080.843.80$81
Oct 2010376078.103.51$29,366
Sep 2010378072.633.98$27,454
Aug 2010376073.684.42$27,704
Jul 2010379072.554.74$27,496
Jun 2010565070.364.91$39,753
May 2010188071.124.24$13,371
Apr 2010548081.694.12$44,766
Mar 20100078.394.39$0
Feb 2010381073.585.44$28,034
Jan 2010384074.365.96$28,554
Dec 2009547071.445.48$39,078
Nov 2009385074.593.75$28,717
Oct 2009190072.544.11$13,783
Sep 2009911065.543.06$59,707
Aug 2009374067.423.22$25,215
Jul 2009371061.133.46$22,679
Jun 2009738066.163.90$48,826
May 2009191054.743.93$10,455
Apr 2009568046.773.59$26,565
Mar 2009384042.144.06$16,182
Feb 2009948032.814.63$31,104
Jan 2009388035.865.37$13,914
Dec 2008371037.105.98$13,764
Nov 2008354055.496.86$19,643
Oct 2008585075.246.92$44,015
Sep 20083710101.767.88$37,753
Aug 20085540114.228.48$63,278
Jul 20083780131.0811.39$49,548
Jun 20085690131.3313.03$74,727
May 20083790123.1711.57$46,681
Apr 20083730110.3110.45$41,146
Mar 20081870101.909.66$19,055
Feb 2008387092.538.77$35,809
Jan 2008556190.388.21$50,259
Dec 2007372288.337.30$32,873
Nov 2007571191.677.29$52,351
Oct 2007407082.856.92$33,720
Sep 2007712075.846.24$53,998
Aug 2007380069.066.39$26,243
Jul 2007373070.906.39$26,446
Jun 20073773262.007.55$23,616
May 200735311358.747.85$21,622
Apr 200755010659.617.81$33,613
Mar 200738512356.927.30$22,812
Feb 20073838955.108.22$21,835
Jan 200795718850.306.73$49,402
Dec 20060056.656.92$0
Nov 20061882854.207.62$10,403
Oct 20063753054.906.01$20,768
Sep 20065558860.085.04$33,788
Aug 200656514868.717.34$39,907
Jul 200673815069.376.34$52,146
Jun 200656912466.286.38$38,505
May 20065727566.016.42$38,240
Apr 20065785464.397.36$37,615
Mar 20067615556.707.08$43,538
Feb 20065647257.597.75$33,039
Jan 20067568160.598.93$46,530
Dec 20055629054.9413.42$32,084
Nov 200572018654.6910.59$41,346
Oct 200574719158.3413.80$46,215
Sep 200589310561.4512.08$56,143
Aug 20057383261.519.80$45,708
Jul 200587820455.697.84$50,496
Jun 200590321252.337.38$48,819
May 20051,08416045.226.65$50,083
Apr 20051,08924249.207.36$55,360
Mar 200590314650.377.15$46,529
Feb 200573012545.226.31$33,800
Jan 20051,85330543.166.32$81,904
Dec 200456712339.866.75$23,431
Nov 20043765545.286.33$17,373
Oct 20041,08727149.706.52$55,789
Sep 20041,26733643.245.28$56,560
Aug 20041,69231642.375.55$73,444
Jul 20041,26719338.286.08$49,675
Jun 20042,37227736.106.43$87,411
May 20041,20718637.486.49$46,446
Apr 20042,43049534.475.86$86,662
Mar 20042,98356234.365.53$105,604
Feb 20042,65938932.455.51$88,428
Jan 20043,06760432.036.30$102,041
Dec 20033,04644030.266.30$94,945
Nov 20032,80853428.804.60$83,324
Oct 20033,12459928.174.76$90,854
Sep 20032,79556826.314.75$76,234
Aug 20032,81958229.765.13$86,879
Jul 20032,91052729.415.17$88,308
Jun 20032,80846828.565.98$82,997
May 20033,16160526.595.97$87,664
Apr 20033,06566926.675.41$85,361
Mar 20033,35260831.146.10$108,088
Feb 20032,60149133.487.93$90,973
Jan 20032,94553830.315.58$92,266
Dec 20022,84358326.914.85$79,335
Nov 20023,12162224.664.14$79,537
Oct 20023,34974526.464.23$91,765
Sep 20023,10575627.443.64$87,949
Aug 20023,30070825.963.16$87,908
Jul 20022,99878424.583.06$76,091
Jun 20023,26477923.733.34$80,055
May 20023,05977324.663.58$78,205
Apr 20023,41953223.653.51$82,728
Mar 20022,720022.003.10$59,840

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                  141 bbl  × $106.41 =    $15,004
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $15,004

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. 8A/O/68412 is the state's own key, not one this site invented.