IVERSON

Operated by PARALLEL PETROLEUM LLC (P-5 639028) in the HARRIS (SAN ANDRES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 68911District 8AField 39342375Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$10.8 M
Jun 2002 – May 2026
Value, last 12 filed months
$449 k
at the published price for each month
Months reported
244
44 months not filed
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 76 leases and 558 wells, and the rule below applies to all of them.

Discovered
1998-02-25
as the register files it
Field class
Oil
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 2016-03-08.

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.

The Commission's schedule remark for this field reads: 2112020. P-16'S AND LEASE PLATS REQUIRED.

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
OilDisposition160,233 bbl$10,776,286
Casinghead gasProduction10,015 Mcf$38,713
Total$10,814,999

Every month this lease reported (244)

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

244 months

May 20263480106.413.05$37,031
Apr 2026708098.932.87$70,042
Mar 2026531089.753.15$47,657
Feb 2026355063.503.75$22,543
Jan 2026353059.138.00$20,873
Dec 2025702056.664.41$39,775
Nov 2025535058.593.93$31,346
Oct 2025708359.383.30$42,051
Sep 2025349062.743.08$21,896
Aug 2025529063.933.01$33,819
Jul 2025531066.743.32$35,439
Jun 2025703066.483.13$46,735
May 2025529060.553.23$32,031
Apr 2025527062.363.54$32,864
Mar 2025529067.704.27$35,813
Feb 2025729070.884.34$51,672
Jan 2025517074.324.28$38,423
Dec 2024709068.993.12$48,914
Nov 2024350069.052.20$24,168
Oct 2024531071.372.28$37,897
Sep 2024357069.612.36$24,851
Aug 2024696075.632.06$52,638
Jul 2024704079.932.15$56,271
Jun 2024530078.082.63$41,382
May 2024889078.812.20$70,062
Apr 2024532084.451.66$44,927
Mar 2024534080.301.55$42,880
Feb 2024691076.091.78$52,578
Jan 2024528073.023.30$38,555
Dec 2023531071.262.61$37,839
Nov 2023701077.892.81$54,601
Oct 2023531085.443.09$45,369
Sep 2023713089.042.74$63,486
Aug 2023708080.522.67$57,008
Jul 2023705074.852.64$52,769
Jun 2023875268.962.26$60,345
May 2023350570.622.23$24,728
Apr 2023667078.122.24$52,106
Mar 2023676072.852.39$49,247
Feb 2023681075.112.47$51,150
Jan 2023677076.533.39$51,811
Dec 2022504076.415.73$38,511
Nov 2022833085.005.65$70,805
Oct 2022684087.185.86$59,631
Sep 20226831584.888.16$58,096
Aug 2022887594.529.13$83,885
Jul 20227180101.587.54$72,934
Jun 20227150115.097.98$82,289
May 20225310109.378.43$58,075
Apr 20226910104.226.84$72,016
Mar 20228560108.885.08$93,201
Feb 2022692091.054.86$63,007
Jan 2022690881.844.54$56,506
Dec 20218541171.323.90$60,950
Nov 20217149277.435.24$55,767
Oct 202170118979.795.71$57,013
Sep 20217096669.865.35$49,884
Aug 20217251666.024.22$47,932
Jul 20218954570.783.98$63,527
Jun 20218624569.493.38$60,053
May 20218191163.483.02$52,023
Apr 2021699260.362.76$42,197
Mar 2021852961.302.72$52,252
Feb 2021510057.805.55$29,478
Jan 20216681550.412.81$33,716
Dec 20208401344.642.68$37,532
Nov 2020692438.772.71$26,840
Oct 20208615636.972.48$31,970
Sep 20208365237.091.99$31,111
Aug 20208604039.982.39$34,478
Jul 20206924538.371.83$26,634
Jun 20207054234.901.69$24,675
May 20200916.921.81$16
Apr 20201,028514.751.80$15,172
Mar 2020687030.341.86$20,844
Feb 2020735049.881.98$36,662
Jan 2020714057.252.09$40,877
Dec 2019876059.012.30$51,693
Nov 2019690055.302.75$38,157
Oct 2019873053.472.42$46,679
Sep 2019706055.052.66$38,865
Aug 20191,060053.112.30$56,297
Jul 2019700056.272.46$39,389
Jun 2019873052.782.49$46,077
May 2019856258.482.74$50,064
Apr 2019871062.632.75$54,551
Mar 2019884056.803.06$50,211
Feb 2019878550.852.79$44,660
Jan 2019915046.033.23$42,117
Dec 20189091146.594.19$42,396
Nov 20187113552.934.24$37,782
Oct 20181,0912061.443.40$67,099
Sep 20189112559.543.11$54,319
Aug 20188991759.403.07$53,453
Jul 20181,2242565.142.93$79,805
Jun 20186872860.183.08$41,430
May 20186873065.382.90$45,003
Apr 2018897363.842.90$57,273
Mar 20181,049061.222.79$64,220
Feb 2018709061.782.77$43,802
Jan 20181,415262.874.01$88,969
Dec 2017895057.272.92$51,257
Nov 2017862055.423.12$47,772
Oct 20178462749.292.98$41,780
Sep 20171,0503147.523.09$49,992
Aug 20176925745.373.00$31,567
Jul 20178854643.873.09$38,967
Jun 20171,0333342.493.09$43,994
May 20171,0471245.373.26$47,542
Apr 20171,223047.933.21$58,618
Mar 2017719046.772.98$33,628
Feb 201787931750.452.95$45,282
Jan 2017875049.413.42$43,234
Dec 20161,226048.763.72$59,780
Nov 20161,064042.492.64$45,209
Oct 20161,0481046.193.09$48,438
Sep 20167154541.553.10$29,848
Aug 20161,4156541.442.92$58,828
Jul 20166974141.622.92$29,129
Jun 20161,0392545.352.69$47,186
May 20161,0492742.521.99$44,657
Apr 20168561436.561.99$31,323
Mar 2016876033.011.79$28,917
Feb 2016858126.472.06$22,713
Jan 20166821927.352.36$18,698
Dec 2015687732.362.00$22,245
Nov 20156932538.792.17$26,936
Oct 20156945643.552.43$30,360
Sep 20158765442.992.76$37,808
Aug 20155304640.162.87$21,417
Jul 20158756248.152.95$42,314
Jun 20156965856.152.88$39,248
May 20156844455.212.96$37,894
Apr 20159226249.822.71$46,102
Mar 20157391642.892.93$31,743
Feb 20159275744.662.98$41,569
Jan 20157132543.433.10$31,043
Dec 20147459654.693.59$41,089
Nov 201471811870.464.25$51,092
Oct 20141,08920178.303.90$86,053
Sep 201472814386.164.05$63,303
Aug 20148965089.394.04$80,295
Jul 20141,0335596.564.18$99,976
Jun 201489113398.164.74$88,091
May 2014010994.734.73$515
Apr 20146855095.944.81$65,959
Mar 2014517095.895.06$49,575
Feb 2014517197.406.19$50,362
Jan 2014507390.404.86$45,847
Dec 20136692191.824.35$61,519
Nov 20133352888.853.74$29,869
Oct 20136817297.423.78$66,615
Sep 201385387104.113.72$89,129
Aug 201366750104.253.52$69,711
Jul 2013853131102.523.72$87,937
Jun 20131748194.403.93$16,744
May 20131677694.834.15$16,152
Apr 20135208793.964.28$49,232
Mar 20133429193.623.91$32,374
Feb 20135175791.233.42$47,361
Jan 20135057091.603.42$46,497
Dec 201250511386.773.42$44,205
Nov 201251116386.953.62$45,022
Oct 201250912389.383.40$45,913
Sep 201268615594.672.92$65,396
Aug 201269919392.662.91$65,331
Jul 201252718185.133.02$45,410
Jun 201252314279.822.52$42,104
May 20121773691.612.49$16,305
Apr 201234441101.652.00$35,049
Mar 2012339105105.052.22$35,845
Feb 201217340101.102.57$17,593
Jan 20125107698.092.73$50,234
Dec 201149910596.873.24$48,678
Nov 20115234195.723.31$50,197
Oct 20115178884.983.65$44,256
Sep 201152410083.623.99$44,215
Aug 201152511783.404.15$44,270
Jul 201168617394.144.52$65,362
Jun 201152113292.904.64$49,013
May 201152415498.134.40$52,098
Apr 201166784105.964.33$71,039
Mar 201169321096.364.06$67,630
Feb 201151110585.644.18$44,201
Jan 201185412186.504.59$74,426
Dec 201051015985.734.35$44,414
Nov 201067317880.843.80$55,081
Oct 201083819978.103.51$66,146
Sep 201069226172.633.98$51,299
Aug 201086827873.684.42$65,183
Jul 20101,03962372.554.74$78,330
Jun 20101,02543870.364.91$74,270
May 20101,55443271.124.24$112,350
Apr 20105887581.694.12$48,343
Mar 201004478.394.39$193
Feb 201004173.585.44$223
Jan 20103452074.365.96$25,773
Dec 20091726471.445.48$12,639
Nov 20093593774.593.75$26,917
Oct 2009173772.544.11$12,578
Sep 2009344965.543.06$22,573
Aug 20093434167.423.22$23,257
Jul 20093404061.133.46$20,923
Jun 20093472966.163.90$23,070
May 20093491354.743.93$19,155
Apr 20091811146.773.59$8,505
Mar 2009362842.144.06$15,287
Feb 20091863232.814.63$6,251
Jan 20093613235.865.37$13,117
Dec 2008337337.105.98$12,521
Nov 2008349355.496.86$19,387
Oct 20085321275.246.92$40,111
Sep 200836828101.767.88$37,668
Aug 20081910114.228.48$21,816
Jul 20083470131.0811.39$45,485
Jun 20083450131.3313.03$45,309
May 20083760123.1711.57$46,312
Apr 20083440110.3110.45$37,947
Mar 20086600101.909.66$67,254
Feb 2008332092.538.77$30,720
Jan 2008369090.388.21$33,350
Dec 2007338088.337.30$29,856
Nov 2007683091.677.29$62,611
Oct 2007191082.856.92$15,824
Sep 2007552075.846.24$41,864
Aug 2007521069.066.39$35,980
Jul 2007513070.906.39$36,372
Jun 2007557062.007.55$34,534
May 2007685058.747.85$40,237
Apr 2007359059.617.81$21,400
Mar 2007702056.927.30$39,958
Feb 2007513055.108.22$28,266
Jan 2007353050.306.73$17,756
Dec 2006520056.656.92$29,458
Nov 2006684054.207.62$37,073
Oct 2006693054.906.01$38,046
Sep 2006865060.085.04$51,969
Aug 2006514068.717.34$35,317
Jul 2006873069.376.34$60,560
Jun 20061,042066.286.38$69,064
May 20061,035066.016.42$68,320
Apr 20061,556064.397.36$100,191
Mar 20060056.707.08$0
Jun 20020023.733.34$0

Not filed, and not zero: Jul 2002 – Feb 2006 (44 months). The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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                  348 bbl  × $106.41 =    $37,031
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $37,031

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/68911 is the state's own key, not one this site invented.