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 220623District 02Field 85043426CondensateGasSaveExport
Value, all time
$2.4 M
Feb 2006 – May 2026
Value, last 12 filed months
$59 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
CondensateDisposition10,426 bbl$733,900
GasProduction337,199 Mcf$1,703,801
Total$2,437,701

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 28.8860, -97.6687. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.88601, -97.66871 · 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
Feb 2006
1 of 1 wells

1 well

42-2553152439,950 ftFeb 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 20261511,45098.932.87$19,100
Mar 2026078089.753.15$2,457
Feb 2026061263.503.75$2,295
Jan 2026060359.138.00$4,823
Dec 2025049456.664.41$2,180
Nov 202515551258.593.93$11,092
Oct 2025051459.383.30$1,699
Sep 202515146162.743.08$10,892
Aug 2025054763.933.01$1,649
Jul 2025051166.743.32$1,694
Jun 2025030166.483.13$942
May 2025052960.553.23$1,710
Apr 2025025862.363.54$914
Mar 2025052767.704.27$2,249
Feb 2025050270.884.34$2,179
Jan 2025054374.324.28$2,323
Dec 2024056468.993.12$1,760
Nov 2024060169.052.20$1,321
Oct 2024064471.372.28$1,469
Sep 2024057569.612.36$1,360
Aug 2024058575.632.06$1,207
Jul 202416957879.932.15$14,749
Jun 2024066878.082.63$1,760
May 2024060978.812.20$1,339
Apr 2024055484.451.66$919
Mar 2024060680.301.55$936
Feb 2024058576.091.78$1,043
Jan 2024059973.023.30$1,975
Dec 2023067671.262.61$1,765
Nov 202317370477.892.81$15,451
Oct 2023072385.443.09$2,232
Sep 2023078289.042.74$2,139
Aug 2023077780.522.67$2,077
Jul 2023080174.852.64$2,116
Jun 2023077668.962.26$1,753
May 20230070.622.23$0
Apr 2023141078.122.24$11,015
Mar 2023045072.852.39$1,077
Feb 2023077075.112.47$1,899
Jan 2023068076.533.39$2,304
Dec 2022071476.415.73$4,091
Nov 2022064085.005.65$3,614
Oct 202215464587.185.86$17,208
Sep 2022062384.888.16$5,086
Aug 20227774694.529.13$14,087
Jul 20220672101.587.54$5,068
Jun 20220679115.097.98$5,417
May 2022162723109.378.43$23,815
Apr 20220673104.226.84$4,602
Mar 20220700108.885.08$3,553
Feb 2022070691.054.86$3,430
Jan 2022078481.844.54$3,558
Dec 2021067471.323.90$2,628
Nov 2021064177.435.24$3,357
Oct 2021075679.795.71$4,320
Sep 20211471,14269.865.35$16,380
Aug 2021089866.024.22$3,790
Jul 2021093570.783.98$3,723
Jun 2021098569.493.38$3,330
May 202101,02763.483.02$3,099
Apr 202105960.362.76$163
Mar 20211391,20361.302.72$11,789
Feb 20210057.805.55$0
Jan 20211821,26750.412.81$12,735
Dec 202001,05144.642.68$2,812
Nov 202001,02538.772.71$2,774
Oct 202001,01836.972.48$2,523
Sep 2020099237.091.99$1,975
Aug 202001,07039.982.39$2,552
Jul 202001,08338.371.83$1,977
Jun 202001,01434.901.69$1,714
May 202001,14616.921.81$2,080
Apr 20201301,13114.751.80$3,958
Mar 202001,15330.341.86$2,140
Feb 20201631,14349.881.98$10,394
Jan 202001,21057.252.09$2,535
Dec 201901,23459.012.30$2,844
Nov 20191611,19455.302.75$12,188
Oct 201901,21953.472.42$2,948
Sep 201901,17355.052.66$3,117
Aug 201901,19453.112.30$2,751
Jul 201901,19456.272.46$2,937
Jun 20191631,12252.782.49$11,398
May 20191421,12958.482.74$11,398
Apr 201901,11462.632.75$3,064
Mar 201901,16756.803.06$3,573
Feb 201901,03250.852.79$2,882
Jan 20191481,17846.033.23$10,615
Dec 201801,19446.594.19$4,997
Nov 201801,16452.934.24$4,932
Oct 20181441,12661.443.40$12,674
Sep 201801,20559.543.11$3,745
Aug 2018094359.403.07$2,892
Jul 20181781,43565.142.93$15,802
Jun 201801,13260.183.08$3,483
May 201817882265.382.90$14,022
Apr 2018092763.842.90$2,689
Mar 201801,13361.222.79$3,157
Feb 2018083361.782.77$2,304
Jan 201801,20962.874.01$4,847
Dec 20171821,21757.272.92$13,979
Nov 201701,21855.423.12$3,798
Oct 20171891,37649.292.98$13,421
Sep 201701,20347.523.09$3,714
Aug 201718294945.373.00$11,109
Jul 201701,30843.873.09$4,038
Jun 2017079542.493.09$2,454
May 201701,23045.373.26$4,014
Apr 201701,30347.933.21$4,185
Mar 201701,13546.772.98$3,386
Feb 20171861,10850.452.95$12,655
Jan 201701,31449.413.42$4,492
Dec 201601,21548.763.72$4,523
Nov 201601,16742.492.64$3,086
Oct 201601,20246.193.09$3,714
Sep 201601,17441.553.10$3,640
Aug 201601,09541.442.92$3,202
Jul 201601,40741.622.92$4,115
Jun 201601,17645.352.69$3,159
May 201601,17542.521.99$2,339
Apr 2016094236.561.99$1,876
Mar 201601,20833.011.79$2,167
Feb 201601,04826.472.06$2,163
Jan 201601,13527.352.36$2,684
Dec 201501,27732.362.00$2,556
Nov 201501,19938.792.17$2,599
Oct 201501,23743.552.43$3,002
Sep 201501,27642.992.76$3,520
Aug 201501,31340.162.87$3,772
Jul 201502,45048.152.95$7,215
Jun 201501,38156.152.88$3,981
May 201501,51055.212.96$4,463
Apr 201501,58449.822.71$4,287
Mar 201501,70842.892.93$5,012
Feb 201501,50944.662.98$4,491
Jan 201501,67343.433.10$5,187
Dec 20141791,95854.693.59$16,821
Nov 201401,98770.464.25$8,448
Oct 201401,82578.303.90$7,119
Sep 20141801,73586.164.05$22,528
Aug 201401,71389.394.04$6,912
Jul 20141811,59396.564.18$24,135
Jun 201401,91998.164.74$9,090
May 20141811,98094.734.73$26,505
Apr 20141892,54495.944.81$30,367
Mar 20141844,11995.895.06$38,473
Feb 201405,90997.406.19$36,589
Jan 20140090.404.86$0
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 20131370102.523.72$14,045
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 201102483.404.15$100
Jul 20110094.144.52$0
Jun 201103292.904.64$148
May 201101,36998.134.40$6,030
Apr 20111802,233105.964.33$28,749
Mar 201102,21896.364.06$8,999
Feb 201101,16585.644.18$4,870
Jan 201101,66186.504.59$7,622
Dec 201001,94985.734.35$8,474
Nov 20101801,78480.843.80$21,322
Oct 201002,00278.103.51$7,025
Sep 20101772,39272.633.98$22,374
Aug 201002,44373.684.42$10,797
Jul 201002,36972.554.74$11,221
Jun 201002,39170.364.91$11,741
May 20101782,56071.124.24$23,502
Apr 201002,34881.694.12$9,680
Mar 201002,13378.394.39$9,361
Feb 20101841,84973.585.44$23,602
Jan 201002,18174.365.96$13,008
Dec 20091752,66971.445.48$27,138
Nov 200902,24874.593.75$8,433
Oct 200902,87172.544.11$11,801
Sep 20091782,66065.543.06$19,818
Aug 200902,71667.423.22$8,741
Jul 200902,73361.133.46$9,468
Jun 20091742,67366.163.90$21,923
May 200902,46254.743.93$9,665
Apr 20091762,60746.773.59$17,584
Mar 20091752,52442.144.06$17,619
Feb 200902,28132.814.63$10,568
Jan 200902,74035.865.37$14,717
Dec 20081812,80937.105.98$23,505
Nov 200802,50755.496.86$17,199
Oct 20081803,25975.246.92$36,102
Sep 200802,785101.767.88$21,938
Aug 20081733,393114.228.48$48,543
Jul 200802,929131.0811.39$33,360
Jun 20081813,254131.3313.03$66,179
May 20081833,334123.1711.57$61,129
Apr 200803,370110.3110.45$35,233
Mar 200803,190101.909.66$30,828
Feb 2008802,66392.538.77$30,758
Jan 20081752,25990.388.21$34,353
Dec 200703,28288.337.30$23,965
Nov 200702,54491.677.29$18,550
Oct 200702,57182.856.92$17,796
Sep 20071612,83775.846.24$29,925
Aug 200703,00169.066.39$19,170
Jul 200702,76470.906.39$17,656
Jun 20071772,87662.007.55$32,683
May 200703,37958.747.85$26,513
Apr 20071783,33559.617.81$36,641
Mar 20071802,64356.927.30$29,545
Feb 200702,44555.108.22$20,088
Jan 20071853,08650.306.73$30,065
Dec 20061813,30856.656.92$33,140
Nov 200603,21154.207.62$24,460
Oct 20061783,70554.906.01$32,053
Sep 20061823,41560.085.04$28,137
Aug 20061773,46168.717.34$37,565
Jul 200603,47969.376.34$22,066
Jun 20061813,56966.286.38$34,781
May 20061793,90466.016.42$36,899
Apr 200605,02664.397.36$36,994
Mar 20063597,28956.707.08$71,983
Feb 200605,07957.597.75$39,368

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           151 bbl  × $ 98.93 =    $14,938
Gas                1,450 Mcf  × $  2.87 =     $4,161

────────────────────────────────────────────────────
Month total                                  $19,100

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/220623 is the state's own key, not one this site invented.