FARMS, I. P.

Operated by ELLIOTT OIL & GAS OPERATING CO. (P-5 247836) in the CHOCOLATE BAYOU, S. (10700 FRIO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 21014District 03Field 17920907OilCasinghead gasSaveExport
Value, all time
$4.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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 1 leases and 2 wells, and the rule below applies to all of them.

Discovered
1991-05-06
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition131,507 bbl$4,056,497
Casinghead gasProduction490,855 Mcf$645,986
Total$4,702,483

335,780 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 (2)

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 29.2845, -95.1444. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

29.28450, -95.14444 · 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
50.0%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
13,675 ft
2 wells filed one
Completion to plug
11.4 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

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

Between 11,850 and 15,500 ft, median 13,675 ft, over the 2 wells that filed a depth.

Completions filed
May 1991 – Mar 2002
2 of 2 wells
Plug dates filed
Oct 2002
1 of 2 wells; 1 filed none

Last completion to plug: a median of 11.4 years across the 1 well that filed both dates, with the middle half between 11.4 years and 11.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-03931914215,500 ftMar 2002
42-03932422411,850 ftMay 1991Oct 2002Yes

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 202414511278.082.63$11,617
May 202428834378.812.20$23,451
Apr 202427013284.451.66$23,021
Mar 20242423680.301.55$19,488
Feb 202427819176.091.78$21,494
Jan 20241411373.023.30$10,339
Dec 20234019371.262.61$28,818
Nov 202326842877.892.81$22,076
Oct 202327844585.443.09$25,126
Sep 202323429289.042.74$21,634
Aug 202339534480.522.67$32,725
Jul 202340147474.852.64$31,267
Jun 202341859168.962.26$30,160
May 202338568370.622.23$28,710
Apr 202340565478.122.24$33,102
Mar 202340158772.852.39$30,618
Feb 202338932775.112.47$30,024
Jan 202325848376.533.39$21,381
Dec 202251040876.415.73$41,307
Nov 202226050885.005.65$24,968
Oct 202240119187.185.86$36,079
Sep 2022354084.888.16$30,048
Aug 202238758494.529.13$41,910
Jul 2022390614101.587.54$44,247
Jun 2022373396115.097.98$46,088
May 2022479356109.378.43$55,390
Apr 2022364706104.226.84$42,763
Mar 2022301531108.885.08$35,468
Feb 20223441,46891.054.86$38,454
Jan 202217895081.844.54$18,878
Dec 202134080071.323.90$27,368
Nov 20215253,12077.435.24$56,990
Oct 20214001,26079.795.71$39,115
Sep 202128265069.865.35$23,179
Aug 20217132666.024.22$6,063
Jul 2021050070.783.98$1,991
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 202109257.805.55$510
Jan 2021010250.412.81$287
Dec 2020011844.642.68$316
Nov 20202011038.772.71$1,073
Oct 2020018536.972.48$459
Sep 20201365037.091.99$5,144
Aug 202007939.982.39$188
Jul 202007938.371.83$144
Jun 20200034.901.69$0
May 202008816.921.81$160
Apr 20200014.751.80$0
Mar 20202220130.341.86$1,041
Feb 202006349.881.98$125
Jan 202006257.252.09$130
Dec 201905559.012.30$127
Nov 201906255.302.75$171
Oct 2019206253.472.42$1,219
Sep 201906655.052.66$175
Aug 201906853.112.30$157
Jul 201906656.272.46$162
Jun 201905852.782.49$144
May 2019010058.482.74$274
Apr 2019010062.632.75$275
Mar 2019010056.803.06$306
Feb 2019010750.852.79$299
Jan 20193010546.033.23$1,720
Dec 2018012746.594.19$532
Nov 201803852.934.24$161
Oct 2018013061.443.40$442
Sep 2018010059.543.11$311
Aug 2018010159.403.07$310
Jul 2018011065.142.93$323
Jun 201805060.183.08$154
May 2018010265.382.90$296
Apr 2018010163.842.90$293
Mar 2018010161.222.79$281
Feb 2018010661.782.77$293
Jan 2018011062.874.01$441
Dec 201706857.272.92$199
Nov 20174010055.423.12$2,529
Oct 201706049.292.98$179
Sep 2017020047.523.09$617
Aug 2017011045.373.00$330
Jul 2017010043.873.09$309
Jun 2017010242.493.09$315
May 20174110945.373.26$2,216
Apr 2017010147.933.21$324
Mar 2017012146.772.98$361
Feb 2017010050.452.95$295
Jan 2017010049.413.42$342
Dec 2016012048.763.72$447
Nov 201603342.492.64$87
Oct 2016011546.193.09$355
Sep 2016476041.553.10$2,139
Aug 2016010541.442.92$307
Jul 20160041.622.92$0
Jun 201602945.352.69$78
May 201604142.521.99$82
Apr 201601836.561.99$36
Mar 201601433.011.79$25
Feb 2016959026.472.06$2,700
Jan 201609927.352.36$234
Dec 2015010032.362.00$200
Nov 201501538.792.17$33
Oct 201501043.552.43$24
Sep 2015010542.992.76$290
Aug 2015010540.162.87$302
Jul 201506748.152.95$197
Jun 201504056.152.88$115
May 2015013155.212.96$387
Apr 2015010049.822.71$271
Mar 2015025742.892.93$754
Feb 20151885744.662.98$8,566
Jan 201517478843.433.10$10,000
Dec 20141751,17254.693.59$13,780
Nov 20141931,14270.464.25$18,454
Oct 20141831,19578.303.90$18,991
Sep 201419386286.164.05$20,116
Aug 20141931,11989.394.04$21,768
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
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 201303104.253.52$11
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 2013018693.964.28$797
Mar 201318381693.623.91$20,325
Feb 2013047391.233.42$1,618
Jan 201318294891.603.42$19,913
Dec 201202986.773.42$99
Nov 2012179086.953.62$15,564
Oct 20121102,05189.383.40$16,805
Sep 20123644,08494.672.92$46,379
Aug 20121832,23492.662.91$23,454
Jul 20123723,19485.133.02$41,317
Jun 20121821,40379.822.52$18,061
May 201217772591.612.49$18,019
Apr 2012373691101.652.00$39,295
Mar 2012184738105.052.22$20,969
Feb 2012191672101.102.57$21,037
Jan 201219266298.092.73$20,643
Dec 201119558796.873.24$20,791
Nov 201118551595.723.31$19,414
Oct 201118859184.983.65$18,133
Sep 201138257283.623.99$34,223
Aug 201118555583.404.15$17,732
Jul 201138057394.144.52$38,362
Jun 201119044092.904.64$19,693
May 20110098.134.40$0
Apr 20110553105.964.33$2,396
Mar 201137357096.364.06$38,255
Feb 201118339385.644.18$17,315
Jan 20111841,06686.504.59$20,808
Dec 201019393385.734.35$20,602
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 201004973.585.44$267
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 2009029972.544.11$1,229
Sep 200937893865.543.06$27,649
Aug 20091881,03267.423.22$15,996
Jul 200919399561.133.46$15,245
Jun 200918729266.163.90$13,509
May 20090054.743.93$0
Apr 200909946.773.59$355
Mar 2009013542.144.06$548
Feb 2009013532.814.63$625
Jan 200908635.865.37$462
Dec 200818046437.105.98$9,451
Nov 20083421,13855.496.86$26,785
Oct 20083531,03975.246.92$33,752
Sep 2008343660101.767.88$40,103
Aug 20085051,472114.228.48$70,168
Jul 20083391,592131.0811.39$62,568
Jun 20084881,562131.3313.03$84,446
May 20083491,723123.1711.57$62,929
Apr 20085151,927110.3110.45$76,956
Mar 20083422,010101.909.66$54,275
Feb 20084511,89992.538.77$58,386
Jan 20085291,87090.388.21$63,156
Dec 20075231,98488.337.30$60,684
Nov 20073412,22891.677.29$47,505
Oct 20073482,55482.856.92$46,511
Sep 20073412,30175.846.24$40,229
Aug 20077102,43169.066.39$64,562
Jul 20071771,88570.906.39$24,591
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 200602969.376.34$184
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 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 2003107026.675.41$2,854
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 20024081,19523.653.51$13,846
Mar 20022961,81922.003.10$12,156
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 20000028.422.86$0
Feb 20000027.622.73$0
Jan 200044025.272.48$1,112
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 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19988011.242.24$90
May 19980012.622.21$0
Apr 1998312113.042.51$457
Mar 199845632212.802.31$6,580
Feb 1998173,21613.952.30$7,631
Jan 19981801,99314.702.15$6,941
Dec 19972252,27116.322.41$9,148
Nov 19971814,90918.193.09$18,453
Oct 19975464,19719.253.15$23,730
Sep 19973694,20017.742.95$18,957
Aug 19973825,36817.862.55$20,536
Jul 19973394,04217.582.25$15,042
Jun 19975624,41417.242.26$19,652
May 19973735,77118.972.31$20,398
Apr 19975495,88817.882.08$22,080
Mar 19975445,49118.951.94$20,957
Feb 19977263,42820.492.21$22,438
Jan 19972173,23523.483.54$16,546
Dec 19964092,71823.32$9,538
Nov 19963632,31321.97$7,975
Oct 19967152,54623.31$16,667
Sep 19963542,62922.22$7,866
Aug 19967122,70820.26$14,425
Jul 19967083,70819.55$13,841
Jun 19963593,13118.73$6,724
May 19961,0603,25619.43$20,596
Apr 19967683,28921.51$16,520
Mar 19967253,69719.38$14,051
Feb 19967204,11316.98$12,226
Jan 19967273,59717.07$12,410
Dec 19957434,26817.19$12,772
Nov 19957104,46416.00$11,360
Oct 19953752,66115.43$5,786
Sep 19957131,89316.18$11,536
Aug 19957071,89115.92$11,255
Jul 19956772,15115.24$10,317
Jun 19955472,07716.41$8,976
May 19956192,25217.56$10,870
Apr 19958852,66417.73$15,691
Mar 19959242,71016.44$15,191
Feb 19953671,79016.58$6,085
Jan 19957012,58115.92$11,160
Dec 19945681,73415.03$8,537
Nov 19945341,82715.90$8,491
Oct 19945681,85115.58$8,849
Sep 19944831,77515.29$7,385
Aug 19946742,15716.13$10,872
Jul 19945402,40017.56$9,482
Jun 19947132,14417.09$12,185
May 19945582,84215.88$8,861
Apr 19947203,32814.14$10,181
Mar 19941,0854,13712.46$13,519
Feb 19941,0855,26512.50$13,563
Jan 19942,0817,01812.66$26,345
Dec 19933,15811,52712.33$38,938
Nov 19933,44013,26514.49$49,846
Oct 19935,55017,46515.85$87,968
Sep 19935,70017,37515.03$85,671
Aug 19937,00821,92715.66$109,745
Jul 19935,87320,14215.46$90,797
Jun 19936,43620,79516.79$108,060
May 19937,74021,68117.68$136,843
Apr 19936,53421,33218.05$117,939
Mar 19937,25722,85418.14$131,642
Feb 19936,84219,71117.90$122,472
Jan 19937,27422,12116.93$123,149

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.

Jun 2024 — as filed, then multipliedworked
Oil                  145 bbl  × $ 78.08 =    $11,322
Casinghead gas       112 Mcf  × $  2.63 =       $295

────────────────────────────────────────────────────
Month total                                  $11,617

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/21014 is the state's own key, not one this site invented.