PRICE, J. E.

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

Oil lease lease 24473District 03Field 03474001OilCasinghead gasSaveExport
Value, all time
$8.2 M
Nov 2003 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
271
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 13 leases and 15 wells, and the rule below applies to all of them.

Discovered
1950-09-10
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: PTSD

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
OilDisposition100,903 bbl$7,087,528
Casinghead gasProduction230,736 Mcf$1,103,509
Total$8,191,038

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 29.4796, -95.4469. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.47963, -95.44689 · 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
8,285 ft
1 wells filed one
Completion to plug
18.8 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 8,285 ft.

Completions filed
Nov 2003
1 of 1 wells
Plug dates filed
Aug 2022
1 of 1 wells

Last completion to plug: a median of 18.8 years across the 1 well that filed both dates, with the middle half between 18.8 years and 18.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0393071218,285 ftNov 2003Aug 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 (271)

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

271 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 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 2021020061.302.72$543
Feb 20217320057.805.55$5,329
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 2020013936.972.48$345
Sep 2020022037.091.99$438
Aug 2020020139.982.39$479
Jul 2020010538.371.83$192
Jun 2020016234.901.69$274
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 202005049.881.98$99
Jan 202037030057.252.09$21,811
Dec 2019010659.012.30$244
Nov 20190155.302.75$3
Oct 201936147253.472.42$20,444
Sep 201934149855.052.66$20,095
Aug 201932830053.112.30$18,111
Jul 201950320056.272.46$28,796
Jun 201947620052.782.49$25,622
May 201952256958.482.74$32,086
Apr 201934770562.632.75$23,672
Mar 201917854656.803.06$11,782
Feb 201917110050.852.79$8,975
Jan 201916844446.033.23$9,166
Dec 201801,11946.594.19$4,684
Nov 201801,06852.934.24$4,525
Oct 2018096261.443.40$3,269
Sep 20181311,11559.543.11$11,265
Aug 20185171,38359.403.07$34,951
Jul 20185101,74165.142.93$38,326
Jun 20181101,11860.183.08$10,060
May 201833397565.382.90$24,600
Apr 20183381,38963.842.90$25,607
Mar 2018086561.222.79$2,411
Feb 2018060861.782.77$1,682
Jan 2018090562.874.01$3,628
Dec 2017097857.272.92$2,857
Nov 201701,05155.423.12$3,277
Oct 201711796049.292.98$8,631
Sep 2017092747.523.09$2,862
Aug 201733568745.373.00$17,263
Jul 20174951,05843.873.09$24,982
Jun 201743884742.493.09$21,226
May 20174991,19845.373.26$26,549
Apr 20175131,54047.933.21$29,534
Mar 20173391,44846.772.98$20,175
Feb 201750746750.452.95$26,957
Jan 201730191549.413.42$18,001
Dec 201634192048.763.72$20,052
Nov 20163401,25542.492.64$17,765
Oct 2016401,15046.193.09$5,401
Sep 201601,04841.553.10$3,249
Aug 2016077841.442.92$2,275
Jul 20166781,48841.622.92$32,570
Jun 20163571,34445.352.69$19,800
May 20166381,20042.521.99$29,517
Apr 20167481,45536.561.99$30,244
Mar 2016018333.011.79$328
Feb 201638183626.472.06$11,810
Jan 20165661,12627.352.36$18,142
Dec 20155711,34632.362.00$21,171
Nov 20155541,52738.792.17$24,799
Oct 20157221,91643.552.43$36,092
Sep 20157481,87842.992.76$37,337
Aug 20156952,03740.162.87$33,762
Jul 20157052,32848.152.95$40,802
Jun 20158682,11156.152.88$54,824
May 20156881,75755.212.96$43,177
Apr 20158451,60249.822.71$46,434
Mar 20159631,32442.892.93$45,189
Feb 20158501,30044.662.98$41,830
Jan 20151,1181,89543.433.10$54,430
Dec 20147741,48654.693.59$47,667
Nov 20149361,85970.464.25$73,855
Oct 20141,3412,41478.303.90$114,417
Sep 20141,3201,62086.164.05$120,285
Aug 20141,6532,53489.394.04$157,987
Jul 20142,2212,74496.564.18$225,929
Jun 20142,2903,02898.164.74$239,130
May 20142,6993,69094.734.73$273,117
Apr 20143,1983,21595.944.81$322,277
Mar 20144,0514,06995.895.06$409,027
Feb 20145,0833,71897.406.19$518,106
Jan 20145,0874,37090.404.86$481,106
Dec 20131,6937,93291.824.35$189,991
Nov 201307,56688.853.74$28,284
Oct 201301,45797.423.78$5,507
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 2013166094.834.15$15,742
Apr 201318213593.964.28$17,679
Mar 20133557793.623.91$33,536
Feb 201371810491.233.42$65,859
Jan 20133852491.603.42$35,348
Dec 2012534086.773.42$46,335
Nov 2012192086.953.62$16,694
Oct 201235211789.383.40$31,860
Sep 20123606394.672.92$34,265
Aug 201236826392.662.91$34,864
Jul 201273646285.133.02$64,051
Jun 201235117879.822.52$28,465
May 201235634891.612.49$33,479
Apr 2012557330101.652.00$57,278
Mar 2012338610105.052.22$36,862
Feb 2012360701101.102.57$38,198
Jan 201234064698.092.73$35,117
Dec 201137737896.873.24$37,745
Nov 201137733195.723.31$37,182
Oct 20115621,02384.983.65$51,491
Sep 20113641,26483.623.99$35,476
Aug 201156967983.404.15$50,272
Jul 201136795694.144.52$38,868
Jun 201155216592.904.64$52,046
May 201154730098.134.40$54,999
Apr 20119530105.964.33$100,980
Mar 2011949096.364.06$91,446
Feb 2011712085.644.18$60,976
Jan 20111,095086.504.59$94,718
Dec 201035619785.734.35$31,376
Nov 20101642080.843.80$13,334
Oct 20100078.103.51$0
Sep 2010171072.633.98$12,420
Aug 20100073.684.42$0
Jul 20101756372.554.74$12,995
Jun 20100070.364.91$0
May 201001171.124.24$47
Apr 201006481.694.12$264
Mar 20101802178.394.39$14,202
Feb 20100073.585.44$0
Jan 20101074.365.96$74
Dec 200925771.445.48$455
Nov 20091801474.593.75$13,479
Oct 2009212172.544.11$642
Sep 200917230165.543.06$12,195
Aug 200937246167.423.22$26,564
Jul 200918841161.133.46$12,916
Jun 200938142166.163.90$26,847
May 200905054.743.93$196
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 200931426532.814.63$11,530
Jan 200935239335.865.37$14,734
Dec 2008348037.105.98$12,911
Nov 200854223755.496.86$31,701
Oct 200835814575.246.92$27,940
Sep 2008710151101.767.88$73,439
Aug 2008338444114.228.48$42,373
Jul 20081208131.0811.39$2,500
Jun 2008489194131.3313.03$66,749
May 2008654225123.1711.57$83,157
Apr 2008168307110.3110.45$21,742
Mar 2008683169101.909.66$71,231
Feb 2008187092.538.77$17,303
Jan 2008211090.388.21$19,070
Dec 200716088.337.30$1,413
Nov 2007169091.677.29$15,492
Oct 2007180082.856.92$14,913
Sep 20070075.846.24$0
Aug 2007170069.066.39$11,740
Jul 2007334070.906.39$23,681
Jun 2007548162.007.55$3,959
May 200752227258.747.85$32,796
Apr 200734525959.617.81$22,587
Mar 200750233656.927.30$31,027
Feb 200732327355.108.22$20,040
Jan 200716932150.306.73$10,660
Dec 200604556.656.92$311
Nov 2006171054.207.62$9,268
Oct 2006167054.906.01$9,168
Sep 20061,0571,69560.085.04$72,043
Aug 20061,4611,70568.717.34$112,900
Jul 20062,1962,34769.376.34$167,223
Jun 20067383,30266.286.38$69,994
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 200634328456.707.08$21,460
Feb 2006018257.597.75$1,411
Jan 200617612860.598.93$11,807
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 2005180045.226.31$8,140
Jan 200503,81643.166.32$24,126
Dec 20043429,47939.866.75$77,626
Nov 200417816,94845.286.33$115,348
Oct 200434916,06449.706.52$122,004
Sep 200403,46643.245.28$18,314
Aug 20041683,01042.375.55$23,826
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20041742,17037.486.49$20,615
Apr 20041731,65734.475.86$15,671
Mar 20042,6755,48734.365.53$122,257
Feb 20043,6209,32832.455.51$168,863
Jan 20044,71010,26532.036.30$215,527
Dec 20032,3855,86530.266.30$109,129
Nov 200301,29928.804.60$5,969

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 2021 — as filed, then multipliedworked
Oil                    0 bbl  × $ 61.30 =         $0
Casinghead gas       200 Mcf  × $  2.72 =       $543

────────────────────────────────────────────────────
Month total                                     $543

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/24473 is the state's own key, not one this site invented.