PRICE, WITMER

Operated by ELLIOTT OIL & GAS OPERATING CO. (P-5 247836) in the ARCOLA (7400 FRIO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 15451District 03Field 03474710OilCasinghead gasSaveExport
Value, all time
$338 k
Jan 1993 – Apr 2004
Value, last 12 filed months
$0
at the published price for each month
Months reported
136
no gaps in the span
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 6 leases and 6 wells, and the rule below applies to all of them.

Discovered
1964-03-27
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: OIL OPERATORS IN FIELD.

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
OilDisposition19,026 bbl$321,899
Casinghead gasProduction12,337 Mcf$15,724
Total$337,623

4,659 Mcf of this lease's gas, across 25 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 29.4799, -95.4498. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.47994, -95.44979 · 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
100.0%
1 of 1 wells
Median depth
8,273 ft
1 wells filed one
Completion to plug
17.5 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 8,273 ft.

Completions filed
Feb 2005
1 of 1 wells
Plug dates filed
Aug 2022
1 of 1 wells

Last completion to plug: a median of 17.5 years across the 1 well that filed both dates, with the middle half between 17.5 years and 17.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0393078918,273 ftFeb 2005Aug 2022Yes

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 (136)

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

136 months

Apr 20040034.475.86$0
Mar 20040034.365.53$0
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 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 2000114028.422.86$3,240
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 19990409.981.82$73
Jan 19991832,02310.381.90$5,743
Dec 19985011,7419.201.77$7,697
Nov 19981972,96210.892.19$8,619
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 1998147011.742.24$1,726
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 1998370013.042.51$4,825
Mar 1998362012.802.31$4,634
Feb 1998014013.952.30$322
Jan 19980714.702.15$15
Dec 1997186016.322.41$3,036
Nov 1997167018.193.09$3,038
Oct 1997899019.253.15$17,306
Sep 1997714017.742.95$12,666
Aug 1997352017.862.55$6,287
Jul 1997181017.582.25$3,182
Jun 1997358017.242.26$6,172
May 1997369018.972.31$7,000
Apr 1997054817.882.08$1,141
Mar 1997174018.951.94$3,297
Feb 19970020.492.21$0
Jan 199716821723.483.54$4,713
Dec 199617421723.32$4,058
Nov 1996021021.97$0
Oct 199635221723.31$8,205
Sep 199636121022.22$8,021
Aug 1996021020.26$0
Jul 199617721719.55$3,460
Jun 199617721018.73$3,315
May 199635821719.43$6,956
Apr 199637114721.51$7,980
Mar 199636721719.38$7,112
Feb 19960016.98$0
Jan 19961789817.07$3,038
Dec 199507717.19$0
Nov 1995021016.00$0
Oct 19950015.43$0
Sep 1995154016.18$2,492
Aug 19950015.92$0
Jul 19950015.24$0
Jun 1995353016.41$5,793
May 1995161017.56$2,827
Apr 1995358017.73$6,347
Mar 1995180016.44$2,959
Feb 1995182016.58$3,018
Jan 19950015.92$0
Dec 1994176015.03$2,645
Nov 1994180015.90$2,862
Oct 199417755015.58$2,758
Sep 19943661,07715.29$5,596
Aug 1994541016.13$8,726
Jul 1994358017.56$6,286
Jun 1994177017.09$3,025
May 1994172015.88$2,731
Apr 1994190014.14$2,687
Mar 1994387012.46$4,822
Feb 1994356012.50$4,450
Jan 19940012.66$0
Dec 19930012.33$0
Nov 19930014.49$0
Oct 1993682115.85$10,810
Sep 1993355115.03$5,336
Aug 1993726115.66$11,369
Jul 1993740115.46$11,440
Jun 1993924116.79$15,514
May 1993938117.68$16,584
Apr 1993376118.05$6,787
Mar 1993552118.14$10,013
Feb 199374756617.90$13,371
Jan 1993561116.93$9,498

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 2000 — as filed, then multipliedworked
Oil                  114 bbl  × $ 28.42 =     $3,240
Casinghead gas         0 Mcf  × $  2.86 =         $0

────────────────────────────────────────────────────
Month total                                   $3,240

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/O/15451 is the state's own key, not one this site invented.