ELWOOD 29 UNIT

Operated by COTERRA ENERGY OPERATING CO. (P-5 103285) in the FORD, WEST (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 283739District 08Field 31913800Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$43.7 M
Oct 2017 – May 2026
Value, last 12 filed months
$2.0 M
at the published price for each month
Months reported
104
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 1,466 leases and 1,484 wells, and the rule below applies to all of them.

Discovered
2010-11-05
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-06-05.

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: DOCKET SAYS PRO PLAT NOT REQUIRED NOT LEASE PLAT NOT REQ

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 Gas112018-06-07221422
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
CondensateDisposition471,396 bbl$28,944,285
GasProduction4,472,358 Mcf$14,782,775
Total$43,727,060

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 31.8333, -104.1883. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.83326, -104.18831 · 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
8,902 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 8,902 ft.

Completions filed
Oct 2017
1 of 1 wells

1 well

42-109330922H8,902 ftOct 2017

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 (104)

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

104 months

May 20261,45215,249106.413.05$200,953
Apr 202699711,45798.932.87$131,512
Mar 20261,55619,65489.753.15$201,550
Feb 20261,49319,12263.503.75$166,519
Jan 20261,44318,08659.138.00$229,975
Dec 20251,81514,84256.664.41$168,341
Nov 20251,51114,14758.593.93$144,077
Oct 20251,72615,09059.383.30$152,360
Sep 20251,72321,85062.743.08$175,332
Aug 20251,12719,13663.933.01$129,740
Jul 20251,4509,69866.743.32$128,924
Jun 20251,07518,55766.483.13$129,526
May 20251,07915,93360.553.23$116,834
Apr 20251,63621,05662.363.54$176,625
Mar 20251,61621,85067.704.27$202,666
Feb 20251,59411,80570.884.34$164,226
Jan 20251,52316,80574.324.28$185,093
Dec 20241,80123,23668.993.12$196,779
Nov 20241,69422,79269.052.20$167,078
Oct 20242,08723,97371.372.28$203,641
Sep 20241,86123,77069.612.36$185,745
Aug 20241,80224,65675.632.06$187,166
Jul 20241,93822,93779.932.15$204,141
Jun 20241,88024,37978.082.63$211,004
May 20241,85725,43278.812.20$202,261
Apr 20242,15321,57884.451.66$217,623
Mar 20241,75723,75580.301.55$177,792
Feb 20242,03723,66976.091.78$197,212
Jan 20241,90522,11873.023.30$212,041
Dec 20232,06525,13471.262.61$212,770
Nov 20231,54119,78377.892.81$175,570
Oct 20232,21125,10685.443.09$266,417
Sep 20231,85923,84889.042.74$230,751
Aug 20232,24726,55480.522.67$251,904
Jul 20231,68224,64674.852.64$191,008
Jun 20232,19526,12568.962.26$210,370
May 20232,11825,83170.622.23$207,109
Apr 20231,70824,75878.122.24$188,831
Mar 20231,32922,55572.852.39$150,795
Feb 202394910,47475.112.47$97,105
Jan 20232,02128,69176.533.39$251,864
Dec 20221,99527,46376.415.73$309,776
Nov 20221,59922,15685.005.65$261,012
Oct 20222,33730,96487.185.86$385,305
Sep 20222,30531,56084.888.16$453,294
Aug 20222,45931,64694.529.13$521,263
Jul 20222,31832,121101.587.54$477,722
Jun 20222,41531,610115.097.98$530,102
May 20222,65435,010109.378.43$585,509
Apr 20222,55336,008104.226.84$512,282
Mar 20222,06926,515108.885.08$359,873
Feb 20222,53530,69591.054.86$379,954
Jan 20223,20635,79681.844.54$424,810
Dec 20212,80134,85571.323.90$335,671
Nov 20213,07234,30077.435.24$417,489
Oct 20213,46037,48779.795.71$490,269
Sep 20212,89132,45169.865.35$375,608
Aug 20212,97136,51066.024.22$350,239
Jul 20213,48441,17070.783.98$410,540
Jun 20211,94628,33469.493.38$231,014
May 20213,28640,79763.483.02$331,707
Apr 20213,31238,00560.362.76$304,746
Mar 20213,63339,19661.302.72$329,196
Feb 20213,13832,53057.805.55$361,851
Jan 20213,52339,79750.412.81$289,435
Dec 20203,84640,90244.642.68$281,117
Nov 20203,57941,30138.772.71$250,542
Oct 20203,83542,29336.972.48$246,600
Sep 20204,11642,70037.091.99$237,680
Aug 20204,20144,29339.982.39$273,599
Jul 20203,59542,32938.371.83$215,196
Jun 20203,66838,87834.901.69$193,729
May 20204,30145,80716.921.81$155,901
Apr 20204,34145,14314.751.80$145,485
Mar 20204,63346,82930.341.86$227,491
Feb 20204,57243,83949.881.98$314,882
Jan 20205,00847,91257.252.09$387,071
Dec 20195,10947,89859.012.30$411,856
Nov 20195,26347,32755.302.75$421,226
Oct 20195,75648,47353.472.42$425,007
Sep 20195,81544,00555.052.66$437,049
Aug 20197,55041,52853.112.30$496,676
Jul 20196,62535,81356.272.46$460,891
Jun 20191,19311,45252.782.49$91,496
May 20195,52355,88558.482.74$476,128
Apr 20195,21255,17362.632.75$478,192
Mar 20195,88758,23756.803.06$512,709
Feb 20195,88461,89350.852.79$472,020
Jan 20196,94172,23246.033.23$552,672
Dec 20187,00774,68446.594.19$639,042
Nov 20187,01972,78452.934.24$679,919
Oct 20187,81185,15561.443.40$769,271
Sep 20188,52191,07559.543.11$790,401
Aug 20189,683104,22759.403.07$894,789
Jul 201810,703117,96965.142.93$1,043,064
Jun 201811,822130,65760.183.08$1,113,469
May 201815,071154,08465.382.90$1,432,309
Apr 201818,763174,00863.842.90$1,702,592
Mar 201822,103164,23861.222.79$1,810,851
Feb 201822,827153,82761.782.77$1,835,756
Jan 201821,953124,07262.874.01$1,877,629
Dec 201726,074132,58657.272.92$1,880,611
Nov 201726,686114,79855.423.12$1,836,920
Oct 20173,42518,93949.292.98$225,326

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
Condensate         1,452 bbl  × $106.41 =   $154,507
Gas               15,249 Mcf  × $  3.05 =    $46,446

────────────────────────────────────────────────────
Month total                                 $200,953

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/283739 is the state's own key, not one this site invented.