YELDERMAN, G. C. UNIT

Operated by ELLIOTT OIL & GAS OPERATING CO. (P-5 247836) in the NEW ULM (WILCOX 10,600) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 92459District 03Field 65248812NGPA filingCondensateGasSaveExport
Value, all time
$838 k
Jan 1993 – Oct 2006
Value, last 12 filed months
$0
at the published price for each month
Months reported
166
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 13 leases and 13 wells, and the rule below applies to all of them.

Discovered
1953-01-20
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,867 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 320 acres.

The Commission's schedule remark for this field reads: NEW ULM (LWR WILCOX CONS.) FIELD.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA2none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition16,210 bbl$301,352
GasProduction323,698 Mcf$536,452
Total$837,804

151,006 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 29.9024, -96.4236. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.90241, -96.42360 · 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
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,814 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
1100.0%
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.
00.0%

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 10,814 ft.

Completions filed
Dec 2007
1 of 1 wells

1 well

42-01530468110,814 ftDec 2007Yes

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 (166)

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

166 months

Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 2004173034.365.53$5,944
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 200304633.487.93$365
Jan 200304230.315.58$234
Dec 20020926.914.85$44
Nov 20020024.664.14$0
Oct 200201426.464.23$59
Sep 2002020627.443.64$749
Aug 2002552,22825.963.16$8,478
Jul 200202,47124.583.06$7,566
Jun 20021602,40323.733.34$11,819
May 200203,12024.663.58$11,182
Apr 20021702,92123.653.51$14,280
Mar 20021603,03022.003.10$12,921
Feb 200202,76918.222.38$6,578
Jan 20021852,98317.172.38$10,263
Dec 200102,85716.932.36$6,755
Nov 20011781,79818.072.41$7,542
Oct 200101,75919.782.53$4,448
Sep 20011582,29024.262.25$8,989
Aug 20011652,57524.873.05$11,965
Jul 200102,63123.933.20$8,412
Jun 20011692,47424.563.82$13,612
May 200102,70625.524.31$11,656
Apr 20011792,95124.685.34$20,162
Mar 200102,14624.545.38$11,538
Feb 20011752,08527.755.77$16,881
Jan 20011822,57427.478.40$26,618
Dec 200002,72526.889.12$24,859
Nov 20002582,37132.215.66$21,725
Oct 200002,49631.235.15$12,843
Sep 2000612,19931.875.19$13,349
Aug 20002312,38229.644.54$17,663
Jul 200002,45028.534.09$10,020
Jun 20001832,22629.304.40$15,150
May 200002,55827.263.68$9,413
Apr 20001812,41924.513.12$11,974
Mar 20001582,56228.422.86$11,817
Feb 20001832,34127.622.73$11,437
Jan 200001,98325.272.48$4,919
Dec 19991851,99524.282.42$9,327
Nov 199902,23423.192.43$5,438
Oct 19991732,29220.982.80$10,056
Sep 19991622,76821.752.62$10,772
Aug 19991572,45619.262.88$10,086
Jul 19991732,58217.892.37$9,220
Jun 1999722,42115.942.36$6,866
May 19991092,69615.792.32$7,979
Apr 19991822,43715.102.21$8,129
Mar 1999612,26312.471.84$4,921
Feb 19991772,0769.981.82$5,540
Jan 19991821,48810.381.90$4,716
Dec 199802,3969.201.77$4,249
Nov 19982542,89110.892.19$9,085
Oct 19981812,86512.421.97$7,890
Sep 199802,88412.592.08$6,006
Aug 19983522,64911.301.91$9,030
Jul 199803,18811.742.24$7,132
Jun 199802,60711.242.24$5,833
May 19981782,89912.622.21$8,643
Apr 19981752,65713.042.51$8,939
Mar 19981712,81112.802.31$8,681
Feb 19981832,53613.952.30$8,383
Jan 199802,82414.702.15$6,085
Dec 19971802,60016.322.41$9,206
Nov 19973582,82418.193.09$15,233
Oct 199723,00219.253.15$9,494
Sep 19971772,90117.742.95$11,712
Aug 19971762,81817.862.55$10,343
Jul 19971772,96017.582.25$9,763
Jun 199752,55217.242.26$5,847
May 19971822,52118.972.31$9,272
Apr 199712,44417.882.08$5,108
Mar 19971852,03818.951.94$7,458
Feb 19971842,34420.492.21$8,941
Jan 19971842,97323.483.54$14,844
Dec 19961783,26823.32$4,151
Nov 199602,79621.97$0
Oct 19961803,51423.31$4,196
Sep 19961783,19122.22$3,955
Aug 19961813,25520.26$3,667
Jul 19961783,01519.55$3,480
Jun 19961872,74018.73$3,503
May 19961783,02819.43$3,459
Apr 19961853,05121.51$3,979
Mar 199622,93419.38$39
Feb 19961812,41616.98$3,073
Jan 19963562,84317.07$6,077
Dec 199502,45817.19$0
Nov 19951792,24716.00$2,864
Oct 19951803,12615.43$2,777
Sep 19951813,07916.18$2,929
Aug 199522,88115.92$32
Jul 19953562,91515.24$5,425
Jun 19951842,83616.41$3,019
May 199523,15817.56$35
Apr 19953583,88917.73$6,347
Mar 199574,00116.44$115
Feb 19953682,63416.58$6,101
Jan 199543,09315.92$64
Dec 19943543,03015.03$5,321
Nov 199412,91515.90$16
Oct 19941813,09115.58$2,820
Sep 19941813,12615.29$2,767
Aug 19943602,98816.13$5,807
Jul 19941782,88617.56$3,126
Jun 199403,03417.09$0
May 19941812,92515.88$2,874
Apr 19941723,08114.14$2,432
Mar 19941713,29612.46$2,131
Feb 19941732,62412.50$2,163
Jan 19941603,73912.66$2,026
Dec 19931763,78612.33$2,170
Nov 199303,03014.49$0
Oct 19931763,04515.85$2,790
Sep 19931813,63015.03$2,720
Aug 19931813,11515.66$2,834
Jul 19931813,38115.46$2,798
Jun 19931812,81316.79$3,039
May 19931863,83617.68$3,288
Apr 19931813,83618.05$3,267
Mar 19931813,90518.14$3,283
Feb 19931823,50117.90$3,258
Jan 19931854,02516.93$3,132

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.

Mar 2004 — as filed, then multipliedworked
Condensate           173 bbl  × $ 34.36 =     $5,944
Gas                    0 Mcf  × $  5.53 =         $0

────────────────────────────────────────────────────
Month total                                   $5,944

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. 03/G/92459 is the state's own key, not one this site invented.