STEELHEAD

Operated by CRESCENT ENERGY OPERATING, LLC (P-5 103575) in the VERMEJO (ELLENBURGER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 201841District 08Field 93584440Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$43.4 M
Apr 2003 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
278
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 8 leases and 8 wells, and the rule below applies to all of them.

Discovered
1973-07-23
as the register files it
Field class
Gas
the register's own label
Between wells
1,867 ft
minimum
From a lease line
1,000 ft
minimum

A drilling unit in this field needs at least 640 acres. The field rule took effect on 1993-02-01.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 10/01/2002.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112004-08-04158305
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition23 bbl$1,680
GasProduction6,740,888 Mcf$43,390,461
Total$43,392,141

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 31.6630, -103.5586. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.66297, -103.55858 · 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
21,300 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 21,300 ft.

Completions filed
Apr 2003
1 of 1 wells

1 well

42-30130043121,300 ftApr 2003

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 (278)

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

278 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 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 2016019,70427.352.36$46,587
Dec 2015028,35332.362.00$56,746
Nov 2015022,68138.792.17$49,157
Oct 2015020,06743.552.43$48,694
Sep 2015035,32242.992.76$97,433
Aug 2015033,59140.162.87$96,490
Jul 2015029,89348.152.95$88,037
Jun 2015048,45756.152.88$139,695
May 2015022,33155.212.96$65,998
Apr 2015020,80949.822.71$56,321
Mar 201509,39942.892.93$27,583
Feb 201508,42844.662.98$25,083
Jan 2015028,43243.433.10$88,157
Dec 2014034,52154.693.59$123,977
Nov 2014035,08970.464.25$149,193
Oct 2014036,88678.303.90$143,891
Sep 2014025,62086.164.05$103,644
Aug 2014021,01689.394.04$84,802
Jul 2014022,07296.564.18$92,252
Jun 2014022,54598.164.74$106,793
May 2014018,20894.734.73$86,061
Apr 201409,35695.944.81$44,994
Mar 201409,92095.895.06$50,163
Feb 201406,42497.406.19$39,777
Jan 201408,46190.404.86$41,127
Dec 2013010,63191.824.35$46,292
Nov 201308,97688.853.74$33,555
Oct 201309,34697.423.78$35,322
Sep 2013010,209104.113.72$37,954
Aug 2013011,232104.253.52$39,566
Jul 2013010,918102.523.72$40,590
Jun 2013017,47994.403.93$68,752
May 2013028,56394.834.15$118,510
Apr 2013030,57093.964.28$130,919
Mar 2013017,91293.623.91$70,087
Feb 2013019,06091.233.42$65,183
Jan 2013020,41991.603.42$69,831
Dec 2012019,84286.773.42$67,863
Nov 2012019,34886.953.62$70,136
Oct 2012019,56989.383.40$66,528
Sep 2012022,89094.672.92$66,802
Aug 2012221,58192.662.91$62,946
Jul 2012122,88985.133.02$69,228
Jun 2012022,93279.822.52$57,767
May 2012017,03891.612.49$42,396
Apr 2012020,291101.652.00$40,517
Mar 2012022,600105.052.22$50,219
Feb 2012021,994101.102.57$56,530
Jan 2012023,83798.092.73$65,172
Dec 2011017,79196.873.24$57,638
Nov 2011015,36995.723.31$50,891
Oct 2011015,30584.983.65$55,841
Sep 2011015,65783.623.99$62,406
Aug 2011016,50883.404.15$68,497
Jul 2011017,88794.144.52$80,800
Jun 2011014,31592.904.64$66,420
May 2011016,42898.134.40$72,362
Apr 2011015,298105.964.33$66,291
Mar 2011016,11696.364.06$65,388
Feb 2011015,73385.644.18$65,764
Jan 2011015,42186.504.59$70,764
Dec 2010016,34585.734.35$71,064
Nov 2010014,54180.843.80$55,188
Oct 2010015,50278.103.51$54,395
Sep 2010014,86872.633.98$59,167
Aug 2010015,39773.684.42$68,045
Jul 2010015,29772.554.74$72,454
Jun 2010015,58370.364.91$76,519
May 2010014,79471.124.24$62,656
Apr 2010017,68681.694.12$72,914
Mar 2010019,30278.394.39$84,710
Feb 2010020,41273.585.44$111,089
Jan 2010036,90974.365.96$220,129
Dec 2009044,12571.445.48$241,970
Nov 2009034,51074.593.75$129,464
Oct 2009054,74572.544.11$225,016
Sep 2009053,73265.543.06$164,675
Aug 2009047,76267.423.22$153,722
Jul 2009011,00661.133.46$38,130
Jun 2009058,81166.163.90$229,069
May 2009046,99554.743.93$184,491
Apr 2009045,62146.773.59$163,665
Mar 2009055,11042.144.06$223,691
Feb 2009061,07132.814.63$282,942
Jan 2009075,44435.865.37$405,210
Dec 2008069,65437.105.98$416,332
Nov 2008036,77855.496.86$252,310
Oct 2008073,54175.246.92$509,049
Sep 2008071,174101.767.88$560,644
Aug 2008050,193114.228.48$425,788
Jul 2008084,072131.0811.39$957,532
Jun 2008066,987131.3313.03$873,017
May 2008178,339123.1711.57$906,841
Apr 2008179,734110.3110.45$833,718
Mar 2008077,592101.909.66$749,855
Feb 2008253,99792.538.77$473,770
Jan 2008173,76790.388.21$605,402
Dec 2007060,04588.337.30$438,447
Nov 2007050,07291.677.29$365,110
Oct 2007050,29082.856.92$348,106
Sep 2007173,24875.846.24$457,448
Aug 2007170,35969.066.39$449,518
Jul 2007064,50770.906.39$412,067
Jun 2007363,67462.007.55$480,826
May 2007471,65758.747.85$562,476
Apr 2007263,24859.617.81$493,783
Mar 2007059,01856.927.30$430,948
Feb 2007036,01255.108.22$295,875
Jan 2007062,95050.306.73$423,455
Dec 2006083,53156.656.92$577,904
Nov 2006071,58354.207.62$545,282
Oct 2006086,17454.906.01$518,233
Sep 2006081,93660.085.04$412,728
Aug 2006079,38068.717.34$582,643
Jul 2006084,80469.376.34$537,891
Jun 2006079,40766.286.38$506,925
May 2006188,36666.016.42$567,818
Apr 2006073,71064.397.36$542,541
Mar 2006076,30656.707.08$540,469
Feb 2006067,51957.597.75$523,348
Jan 2006090,23560.598.93$806,098
Dec 2005074,09254.9413.42$993,974
Nov 2005063,53354.6910.59$672,713
Oct 2005094,75558.3413.80$1,307,217
Sep 2005094,90361.4512.08$1,146,333
Aug 20050101,54761.519.80$994,840
Jul 20050101,20255.697.84$793,792
Jun 20050100,03752.337.38$738,377
May 2005092,51645.226.65$615,339
Apr 20051112,73849.207.36$829,855
Mar 2005292,72950.377.15$663,566
Feb 2005069,18245.226.31$436,671
Jan 2005069,74343.166.32$440,929
Dec 2004070,23639.866.75$474,169
Nov 2004069,81345.286.33$441,946
Oct 2004078,49549.706.52$511,403
Sep 2004082,22043.245.28$434,442
Aug 2004076,06742.375.55$422,222
Jul 20040106,04938.286.08$645,221
Jun 2004064,27136.106.43$413,457
May 2004079,59337.486.49$516,923
Apr 2004023,97034.475.86$140,427
Mar 2004044,44134.365.53$245,765
Feb 2004070,20532.455.51$386,803
Jan 2004084,01532.036.30$529,264
Dec 20030101,71030.266.30$640,940
Nov 2003054,57828.804.60$250,795
Oct 2003029,24128.174.76$139,177
Sep 20030110,04126.314.75$522,624
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$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.

Jan 2016 — as filed, then multipliedworked
Condensate             0 bbl  × $ 27.35 =         $0
Gas               19,704 Mcf  × $  2.36 =    $46,587

────────────────────────────────────────────────────
Month total                                  $46,587

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. 08/G/201841 is the state's own key, not one this site invented.