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Texas oil lease

Producing

FLYING FORTRESS 98-83

Flying Fortress 98-83 is an oil lease in Ward County, Texas, operated by Iron Orchard Operating LLC in the Phantom (Wolfcamp) field.

8 wells

471,924bbl oil, last 12 months−11% vs prior year
Operator
Iron Orchard Operating LLC
County
Ward County
Field
Phantom (Wolfcamp)
RRC lease
08-62156

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Where it sits

This county

Ward CountyWardWinklerCraneLovingReevesEctorWard County
Ward County
Gas, last 12 months
2,350,696 mcf
Oil in Jul 2026
46,106 bbl

Production by month

Oil output fell 11% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 11% over the last 12 monthsMonthly oil production and gas for FLYING FORTRESS 98-83, Aug 2024 to Jul 2026. Oil output fell 11% over the last 12 months. 471,924 bbl in the 12 months through Jul 2026, against 528,886 bbl in the 12 months before.Last 12 months: 471,924 bblbbl per monthmcf per month0025k200k50k400k75k600k100k800kOct 24Jan 25AprJulOctJan 26AprJul
Oil output fell 11% over the last 12 monthsMonthly oil production and gas for FLYING FORTRESS 98-83, Aug 2024 to Jul 2026. Oil output fell 11% over the last 12 months. 471,924 bbl in the 12 months through Jul 2026, against 528,886 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0025k200k50k400k75k600k100k800kJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

80% of the gas went to a processing plant in the last 12 months

Flaring peaked at 86.2% of the gas in Oct 2025.

  • Processing plant (3)
  • Flared (4)
80% of the gas went to a processing plant in the last 12 monthsShare of FLYING FORTRESS 98-83 gas by disposition code each month, Aug 2024 to Jul 2026. 80% of the gas went to a processing plant in the last 12 months. Flaring peaked at 86.2% of the gas in Oct 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 86.2%Oct 24Jan 25AprJulOctJan 26AprJul
80% of the gas went to a processing plant in the last 12 monthsShare of FLYING FORTRESS 98-83 gas by disposition code each month, Aug 2024 to Jul 2026. 80% of the gas went to a processing plant in the last 12 months. Flaring peaked at 86.2% of the gas in Oct 2025.Share of gas by disposition code0%50%100%Flared 86.2%Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    80% · 1,947,945 mcf

  • Flared (4)

    20% · 496,080 mcf

20.3% of the gas flared in the last 12 months. 12 months above 3%.

8 wells on this lease

Wells on FLYING FORTRESS 98-83
API numberWell no.Status
42-475-38748301HActive
42-475-38749401HActive
42-475-38750302HActive
42-475-38959201HActive
42-475-38960202HActive
42-475-38961203HActive
42-475-38962204HActive
42-475-38963502HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Oasis Transp & Marketing Corp.OilGathers100Aug 4, 2024
Et Gathering & Processing LLCCasinghead gasBuys100Aug 4, 2024
Energy Transfer CompanyCasinghead gasGathers100Aug 4, 2024

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

1,280 acres on the newest permit

  • Good to know

    8 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

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Permits for Flying Fortress 98-83
API numberWell no.Acreson the permit
42-475-38959201H1,280
42-475-38960202H1,280
42-475-38961203H1,280
42-475-38962204H1,280
42-475-38963502H1,280
42-475-38748301H1,280
42-475-38749401H1,280
42-475-38750302H1,280

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

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24 months, newest first

Ledger for FLYING FORTRESS 98-83
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202646,10646,0253,7973,7970$80.46$2.89
Jun 202650,95151,335278,017154,856123,161$84.81$3.15
May 202674,34173,498362,997258,484104,513$102.13$2.94
Apr 202689,78791,083340,136259,47580,661$100.32$2.77
Mar 20269,25310,510310,637199,606111,031$91.38$3.04
Feb 202676,21872,938147,414117,08630,328$64.51$3.62
Jan 202677,78378,619142,286121,23121,055$60.04$7.72
Dec 202514,57814,23821,79219,2082,584$57.97$4.26
Nov 202500000$60.06$3.79
Oct 20253,0833,18713,1301,81011,320$60.89$3.19
Sep 202514,43414,84762,62851,81410,814$63.96$2.97
Aug 202515,39015,374667,862667,752110$64.86$2.91
Jul 202520,11520,17593,32992,826503$68.39$3.20
Jun 202520,16220,43790,50490,42381$68.17$3.02
May 202524,67624,509107,757107,613144$62.17$3.12
Apr 202525,20325,070113,469113,4690$63.54$3.42
Mar 202532,19632,214140,731140,396335$68.24$4.12
Feb 202532,51232,114120,286119,614672$71.53$4.19
Jan 202540,82442,809134,247132,0972,150$75.74$4.13
Dec 202449,17848,133147,001144,6572,344$70.12$3.01
Nov 202471,20470,916148,572144,8163,756$69.95$2.12
Oct 202451,88250,56494,80389,2995,504$71.99$2.20
Sep 202486,71986,719148,278118,99229,286$70.24$2.28
Aug 202474,21574,215114,29090,55823,732$76.68$1.99

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorIron Orchard Operating LLCFieldPhantom (Wolfcamp)CountyWard County

Iron Orchard Operating LLC in Ward County

No other producing leases from this operator in this county are in our data yet.

Phantom (Wolfcamp) field

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