ELIZABETH

Operated by MATADOR PRODUCTION COMPANY (P-5 532993) in the LONGWOOD (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 234760District 06Field 54807800CondensateGasSaveExport
Value, all time
$119 k
Jan 2008 – Oct 2013
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
70
no gaps in the span
Streams
2
condensate, 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 30 leases and 31 wells, and the rule below applies to all of them.

Discovered
1951-11-16
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1990-02-26.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 11/01/96.

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
CondensateDisposition383 bbl$28,162
GasProduction11,431 Mcf$90,738
Total$118,901

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 32.5793, -94.0834. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.57932, -94.08341 · 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
10,090 ft
1 wells filed one
Completion to plug
5.8 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 10,090 ft.

Completions filed
Jan 2008
1 of 1 wells
Plug dates filed
Nov 2013
1 of 1 wells

Last completion to plug: a median of 5.8 years across the 1 well that filed both dates, with the middle half between 5.8 years and 5.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-20333167110,090 ftJan 2008Nov 2013Yes

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 (70)

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

70 months

Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 2013521104.253.52$5,425
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 201201585.133.02$45
Jun 201201879.822.52$45
May 20120091.612.49$0
Apr 2012012101.652.00$24
Mar 201200105.052.22$0
Feb 2012067101.102.57$172
Jan 201202098.092.73$55
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 201106683.623.99$263
Aug 201105483.404.15$224
Jul 201106394.144.52$285
Jun 20110392.904.64$14
May 201103598.134.40$154
Apr 2011046105.964.33$199
Mar 201101196.364.06$45
Feb 201102385.644.18$96
Jan 201103086.504.59$138
Dec 201003285.734.35$139
Nov 201003280.843.80$121
Oct 201003978.103.51$137
Sep 201003272.633.98$127
Aug 201003473.684.42$150
Jul 201013372.554.74$229
Jun 20101524070.364.91$10,891
May 201005671.124.24$237
Apr 201005281.694.12$214
Mar 201006178.394.39$268
Feb 201009573.585.44$517
Jan 201006974.365.96$412
Dec 200906171.445.48$335
Nov 2009011574.593.75$431
Oct 2009011472.544.11$469
Sep 2009124265.543.06$807
Aug 2009134367.423.22$1,171
Jul 2009120361.133.46$764
Jun 2009313466.163.90$720
May 2009220354.743.93$906
Apr 2009020746.773.59$743
Mar 2009026042.144.06$1,055
Feb 2009026132.814.63$1,209
Jan 2009133535.865.37$1,835
Dec 2008244537.105.98$2,734
Nov 200812837555.496.86$9,675
Oct 2008051375.246.92$3,551
Sep 20080650101.767.88$5,120
Aug 20088819114.228.48$7,861
Jul 20080784131.0811.39$8,929
Jun 20081954131.3313.03$12,564
May 2008141,200123.1711.57$15,614
Apr 20080859110.3110.45$8,981
Mar 20081212101.909.66$2,151
Feb 20081536992.538.77$4,624
Jan 2008073490.388.21$6,023

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.

Aug 2013 — as filed, then multipliedworked
Condensate            52 bbl  × $104.25 =     $5,421
Gas                    1 Mcf  × $  3.52 =         $4

────────────────────────────────────────────────────
Month total                                   $5,425

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. 06/G/234760 is the state's own key, not one this site invented.