ELIZABETH GAS UNIT

Operated by P1 ENERGY, LLC (P-5 631633) in the SPEARY (ROEDER 9100) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 220609District 02Field 85043426CondensateGasSaveExport
Value, all time
$450 k
Feb 2006 – May 2026
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
244
no gaps in the span
Streams
2
condensate, 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 14 leases and 14 wells, and the rule below applies to all of them.

Discovered
1961-05-03
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2006-02-28.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA AND SUSPENDED THE ALLOCATION FORMULA.

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
CondensateDisposition2,058 bbl$98,172
GasProduction58,936 Mcf$352,110
Total$450,282

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 28.8825, -97.6700. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.88253, -97.67004 · 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
9,950 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 9,950 ft.

Completions filed
Oct 2006
1 of 1 wells

1 well

42-2553152529,950 ftOct 2006

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 (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 202600106.413.05$0
Apr 20261717598.932.87$2,184
Mar 202607589.753.15$236
Feb 202605363.503.75$199
Jan 202605159.138.00$408
Dec 202504356.664.41$190
Nov 2025174558.593.93$1,173
Oct 202504659.383.30$152
Sep 2025174062.743.08$1,190
Aug 202504663.933.01$139
Jul 202504566.743.32$149
Jun 202502666.483.13$81
May 202506260.553.23$200
Apr 202502262.363.54$78
Mar 202505867.704.27$248
Feb 202505970.884.34$256
Jan 202506574.324.28$278
Dec 202406968.993.12$215
Nov 202406669.052.20$145
Oct 202407271.372.28$164
Sep 202407069.612.36$166
Aug 202407275.632.06$149
Jul 2024197079.932.15$1,669
Jun 202408978.082.63$234
May 202407578.812.20$165
Apr 202406484.451.66$106
Mar 202406880.301.55$105
Feb 202406976.091.78$123
Jan 202406773.023.30$221
Dec 202307871.262.61$204
Nov 2023197977.892.81$1,702
Oct 202307985.443.09$244
Sep 202308689.042.74$235
Aug 202309080.522.67$241
Jul 202308974.852.64$235
Jun 202308668.962.26$194
May 20230070.622.23$0
Apr 202316078.122.24$1,250
Mar 2023010072.852.39$239
Feb 202307475.112.47$182
Jan 202308076.533.39$271
Dec 202206876.415.73$390
Nov 202206085.005.65$339
Oct 2022176087.185.86$1,834
Sep 202206084.888.16$490
Aug 202286094.529.13$1,304
Jul 2022037101.587.54$279
Jun 2022048115.097.98$383
May 20221834109.378.43$2,255
Apr 2022049104.226.84$335
Mar 2022025108.885.08$127
Feb 202205091.054.86$243
Jan 202203081.844.54$136
Dec 202102571.323.90$97
Nov 202101377.435.24$68
Oct 202102479.795.71$137
Sep 2021163069.865.35$1,278
Aug 202103266.024.22$135
Jul 202103270.783.98$127
Jun 202104169.493.38$139
May 202104263.483.02$127
Apr 202105360.362.76$146
Mar 2021154161.302.72$1,031
Feb 202104457.805.55$244
Jan 2021188550.412.81$1,146
Dec 202008544.642.68$227
Nov 202008338.772.71$225
Oct 202008536.972.48$211
Sep 2020011037.091.99$219
Aug 202008839.982.39$210
Jul 202008338.371.83$151
Jun 202007234.901.69$122
May 202008516.921.81$154
Apr 2020147814.751.80$347
Mar 202009530.341.86$176
Feb 20201810749.881.98$1,110
Jan 2020011557.252.09$241
Dec 2019012459.012.30$286
Nov 20191811755.302.75$1,317
Oct 2019011653.472.42$281
Sep 2019011755.052.66$311
Aug 2019011853.112.30$272
Jul 2019012156.272.46$298
Jun 20191811052.782.49$1,224
May 20193613158.482.74$2,464
Apr 2019015562.632.75$426
Mar 2019018556.803.06$566
Feb 2019016750.852.79$466
Jan 20193726846.033.23$2,568
Dec 2018028046.594.19$1,172
Nov 2018024352.934.24$1,030
Oct 20183617661.443.40$2,810
Sep 2018024759.543.11$768
Aug 2018013259.403.07$405
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20161912842.492.64$8,190
Oct 201606346.193.09$195
Sep 201606141.553.10$189
Aug 201604641.442.92$135
Jul 20161807441.622.92$7,708
Jun 201607445.352.69$199
May 201606142.521.99$121
Apr 20161844836.561.99$6,823
Mar 201605533.011.79$99
Feb 201605726.472.06$118
Jan 201617811027.352.36$5,128
Dec 2015010132.362.00$202
Nov 201504738.792.17$102
Oct 20151838643.552.43$8,178
Sep 201506142.992.76$168
Aug 20151869140.162.87$7,731
Jul 201503548.152.95$103
Jun 201505356.152.88$153
May 201505055.212.96$148
Apr 20151899149.822.71$9,662
Mar 201506342.892.93$185
Feb 20151838944.662.98$8,438
Jan 20150143.433.10$3
Dec 20140354.693.59$11
Nov 2014058670.464.25$2,492
Oct 201402,41278.303.90$9,409
Sep 201402,05086.164.05$8,293
Aug 201401,58089.394.04$6,375
Jul 201402,05896.564.18$8,602
Jun 201402,07798.164.74$9,839
May 2014076294.734.73$3,602
Apr 201402,23395.944.81$10,739
Mar 201402,24695.895.06$11,358
Feb 201401,14797.406.19$7,102
Jan 201401,03390.404.86$5,021
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 2009026435.865.37$1,418
Dec 2008031537.105.98$1,883
Nov 2008060855.496.86$4,171
Oct 2008083375.246.92$5,766
Sep 20080539101.767.88$4,246
Aug 20080940114.228.48$7,974
Jul 20080737131.0811.39$8,394
Jun 20080718131.3313.03$9,357
May 20080855123.1711.57$9,896
Apr 20080725110.3110.45$7,580
Mar 20080636101.909.66$6,146
Feb 20085159392.538.77$9,920
Jan 2008044490.388.21$3,643
Dec 2007049988.337.30$3,644
Nov 2007048191.677.29$3,507
Oct 2007038082.856.92$2,630
Sep 2007038075.846.24$2,373
Aug 2007040869.066.39$2,606
Jul 200701,01670.906.39$6,490
Jun 2007088962.007.55$6,711
May 2007096358.747.85$7,556
Apr 2007097759.617.81$7,626
Mar 2007086956.927.30$6,345
Feb 200701,13555.108.22$9,325
Jan 200701,40950.306.73$9,478
Dec 20061591,52456.656.92$19,551
Nov 200601,93054.207.62$14,702
Oct 2006053054.906.01$3,187
Sep 200601,20360.085.04$6,060
Aug 200601,40768.717.34$10,327
Jul 200601,22769.376.34$7,783
Jun 200601,22566.286.38$7,820
May 200601,20366.016.42$7,729
Apr 2006027064.397.36$1,987
Mar 200601,49156.707.08$10,561
Feb 200602,14257.597.75$16,603

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.

Apr 2026 — as filed, then multipliedworked
Condensate            17 bbl  × $ 98.93 =     $1,682
Gas                  175 Mcf  × $  2.87 =       $502

────────────────────────────────────────────────────
Month total                                   $2,184

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. 02/G/220609 is the state's own key, not one this site invented.