F. P. ELLIOT FEE

Operated by FOUNDATION ENERGY MANAGEMENT LLC (P-5 280875) in the SILSBEE (Y-3) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27885District 03Field 83584522OilCasinghead gasSaveExport
Value, all time
$1.7 M
May 2018 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
97
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 1 wells, and the rule below applies to all of them.

Discovered
1952-05-27
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

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
OilDisposition24,226 bbl$1,549,330
Casinghead gasProduction38,883 Mcf$143,783
Total$1,693,114

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 30.4302, -94.1941. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.43016, -94.19408 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
7,961 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
00.0%
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.
1100.0%

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 7,961 ft.

Completions filed
Aug 2023
1 of 1 wells

1 well

42-19933562117,961 ftAug 2023

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 (97)

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

97 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 202340089.042.74$3,562
Aug 2023345080.522.67$27,779
Jul 20232151,10474.852.64$19,009
Jun 202339173868.962.26$28,630
May 202323693070.622.23$18,738
Apr 202327433778.122.24$22,159
Mar 202346652772.852.39$35,209
Feb 202336447575.112.47$28,511
Jan 20234311,14576.533.39$36,863
Dec 202242621076.415.73$33,754
Nov 202240734685.005.65$36,549
Oct 202247851687.185.86$44,698
Sep 202249056484.888.16$46,196
Aug 202241144494.529.13$42,900
Jul 2022580665101.587.54$63,932
Jun 2022522738115.097.98$65,964
May 2022426903109.378.43$54,207
Apr 2022452880104.226.84$53,125
Mar 20222811,383108.885.08$37,616
Feb 20222611,12991.054.86$29,250
Jan 20223051,07781.844.54$29,848
Dec 20212821,04671.323.90$24,191
Nov 20212941,05477.435.24$28,284
Oct 20217964479.795.71$9,983
Sep 20210569.865.35$27
Aug 202120066.024.22$1,320
Jul 2021182070.783.98$12,882
Jun 2021453069.493.38$31,479
May 20213827563.483.02$24,476
Apr 202122227960.362.76$14,170
Mar 202132154861.302.72$21,166
Feb 202125854557.805.55$17,936
Jan 202133179050.412.81$18,906
Dec 202047950444.642.68$22,731
Nov 202062942738.772.71$25,542
Oct 202070265736.972.48$27,581
Sep 202064347837.091.99$24,801
Aug 202055648539.982.39$23,386
Jul 202066047638.371.83$26,193
Jun 202080963534.901.69$29,307
May 2020251016.921.81$4,247
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 202020057.252.09$1,145
Dec 201918457559.012.30$12,183
Nov 20191069155.302.75$6,112
Oct 201929550153.472.42$16,985
Sep 20198191,11255.052.66$48,041
Aug 20191,2111,26953.112.30$67,240
Jul 20191,2211,36856.272.46$72,071
Jun 20191,2171,48752.782.49$67,938
May 20191,0191,61458.482.74$64,014
Apr 20197611,42062.632.75$51,567
Mar 201950699856.803.06$31,797
Feb 20193121,10250.852.79$18,942
Jan 201910122146.033.23$5,362
Dec 20180046.594.19$0
Nov 20182052.934.24$106
Oct 20181128661.443.40$1,648
Sep 20181739659.543.11$2,243
Aug 201813685259.403.07$10,691
Jul 201840193765.142.93$28,868
Jun 201826961760.183.08$18,087
May 20182641,27865.382.90$20,968

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.

Sep 2023 — as filed, then multipliedworked
Oil                   40 bbl  × $ 89.04 =     $3,562
Casinghead gas         0 Mcf  × $  2.74 =         $0

────────────────────────────────────────────────────
Month total                                   $3,562

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/27885 is the state's own key, not one this site invented.