F. P. ELLIOT FEE

Operated by FOUNDATION ENERGY MANAGEMENT LLC (P-5 280875) in the SILSBEE (Y-2) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27300District 03Field 83584406OilCasinghead gasSave
Value, all time
$21.9 M
Apr 2017 – May 2026
Value, last 12 filed months
$2.1 M
at the published price for each month
Months reported
110
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition326,898 bbl$21,380,498
Casinghead gasProduction159,790 Mcf$527,800
Total$21,908,298

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 30.4357, -94.1870. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

30.43566, -94.18695 · 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
0.0%
0 of 2 wells
Median depth
8,110 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
150.0%
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.
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 8,044 and 8,176 ft, median 8,110 ft, over the 2 wells that filed a depth.

Completions filed
Jan 2019 – Aug 2023
2 of 2 wells

2 wells

42-19933564128,044 ftAug 2023Yes
42-19933605138,176 ftJan 2019

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 (110)

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

110 months

May 20262,451936106.413.05$263,662
Apr 20262,61296298.932.87$261,166
Mar 20262,63993189.753.15$239,782
Feb 20262,21084863.503.75$143,515
Jan 20262,46958559.138.00$150,671
Dec 20252,31538156.664.41$132,849
Nov 20252,67180658.593.93$159,659
Oct 20253,00573959.383.30$180,879
Sep 20252,25985362.743.08$144,354
Aug 20252,74552363.933.01$177,065
Jul 20252,43267466.743.32$164,546
Jun 20251,9464566.483.13$129,511
May 20252,597060.553.23$157,248
Apr 20252,102062.363.54$131,081
Mar 20252,46625067.704.27$168,015
Feb 20252,58438370.884.34$184,816
Jan 20251,39816174.324.28$104,588
Dec 20241,81841568.993.12$126,719
Nov 20242,02519469.052.20$140,253
Oct 20242,33531671.372.28$167,370
Sep 20241,98228969.612.36$138,650
Aug 20242,463075.632.06$186,277
Jul 20242,50329679.932.15$200,700
Jun 20242,12134578.082.63$166,516
May 20242,25630178.812.20$178,457
Apr 20241,73432284.451.66$146,971
Mar 20242,39828880.301.55$193,004
Feb 20241,98229076.091.78$151,328
Jan 20242,31364773.023.30$171,029
Dec 20232,09456871.262.61$150,701
Nov 20231,52946677.892.81$120,402
Oct 20231,39430685.443.09$120,048
Sep 20232,10136589.042.74$188,071
Aug 20231,91065880.522.67$155,552
Jul 20232,11331774.852.64$158,996
Jun 20231,91317268.962.26$132,309
May 20231,88615870.622.23$133,541
Apr 20232,33529978.122.24$183,079
Mar 20233,7672,11272.852.39$279,480
Feb 20232,7892,17175.112.47$214,835
Jan 20233,5991,99476.533.39$282,187
Dec 20223,39697076.415.73$265,046
Nov 20221,7141,32985.005.65$153,194
Oct 20223,8121,32287.185.86$340,082
Sep 20224,2421,35684.888.16$371,131
Aug 20223,2621,38094.529.13$320,920
Jul 20224,1161,412101.587.54$428,753
Jun 20224,2951,426115.097.98$505,687
May 20224,1591,231109.378.43$465,251
Apr 20224,2941,733104.226.84$459,370
Mar 20224,3062,009108.885.08$479,036
Feb 20224,2891,46991.054.86$397,651
Jan 20224,8161,72981.844.54$401,987
Dec 20214,3851,71071.323.90$319,406
Nov 20215,5161,37977.435.24$434,326
Oct 20214,91984379.795.71$397,304
Sep 20213,20772869.865.35$227,936
Aug 20212,78472366.024.22$186,851
Jul 20213,48621270.783.98$247,583
Jun 20213,592069.493.38$249,608
May 20214,84053663.483.02$308,861
Apr 20213,7371,41260.362.76$229,460
Mar 20213,7881,16261.302.72$235,361
Feb 20212,8641,05657.805.55$171,398
Jan 20215,0221,59650.412.81$257,644
Dec 20204,0211,61544.642.68$183,818
Nov 20204,0651,43338.772.71$161,479
Oct 20204,5681,66936.972.48$173,015
Sep 20204,3081,25137.091.99$162,275
Aug 20204,2091,37339.982.39$171,551
Jul 20204,5411,32838.371.83$176,662
Jun 20204,2411,53034.901.69$150,597
May 20204,0692,25316.921.81$72,936
Apr 20204,5681,66514.751.80$70,382
Mar 20204,3981,96330.341.86$137,079
Feb 20204,7133,49349.881.98$242,003
Jan 20205,0722,16157.252.09$294,899
Dec 20195,3661,82059.012.30$320,842
Nov 20193,90353455.302.75$217,305
Oct 20194,8914,89153.472.42$273,351
Sep 20195,8655,86555.052.66$338,453
Aug 20194,4615,38953.112.30$249,342
Jul 20192,9171,69256.272.46$168,302
Jun 20192,9201,66652.782.49$158,268
May 20192,4851,56858.482.74$149,620
Apr 20192,5221,09562.632.75$160,965
Mar 20193,32176856.803.06$190,984
Feb 20192,3141,08450.852.79$120,694
Jan 20193,03876246.033.23$142,299
Dec 201869321546.594.19$33,187
Nov 20181,90735052.934.24$102,421
Oct 20182,7261,34161.443.40$172,042
Sep 20183,1121,85659.543.11$191,057
Aug 20183,4741,79459.403.07$211,857
Jul 20183,3702,04865.142.93$225,526
Jun 20182,6351,82860.183.08$164,199
May 20182,5861,60365.382.90$173,723
Apr 20182,8721,77263.842.90$188,489
Mar 20183,0401,92861.222.79$191,482
Feb 20182,6491,46061.782.77$167,694
Jan 20182,0211,50662.874.01$133,098
Dec 20172,1941,68357.272.92$130,567
Nov 20172,0602,56055.423.12$122,148
Oct 20171,6912,93449.292.98$92,104
Sep 20179962,13747.523.09$53,927
Aug 20175033,31145.373.00$32,769
Jul 20171,11410,36343.873.09$80,865
Jun 201786212,32642.493.09$74,680
May 20175156,81845.373.26$45,615
Apr 20170047.933.21$0

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.

May 2026 — as filed, then multipliedworked
Oil                2,451 bbl  × $106.41 =   $260,811
Casinghead gas       936 Mcf  × $  3.05 =     $2,851

────────────────────────────────────────────────────
Month total                                 $263,662

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/27300 is the state's own key, not one this site invented.