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ELKHEAD 4144

Operated by PDC PERMIAN, INC. (P-5 646832) in the PHANTOM (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 285032District 08Field 71052900CondensateGasSave
Value, all time
$60.0 M
Apr 2018 – May 2026
Value, last 12 filed months
$2.7 M
at the published price for each month
Months reported
98
no gaps in the span
Streams
2
condensate, 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
CondensateDisposition736,424 bbl$45,407,169
GasProduction4,411,255 Mcf$14,619,366
Total$60,026,535

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 31.4418, -103.5607. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.44183, -103.56071 · 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
10,439 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 10,439 ft.

Completions filed
Apr 2018
1 of 1 wells

1 well

42-38936412A 2H10,439 ftApr 2018——

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 (98)

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

98 months

May 20261,46025,834106.413.05$234,045
Apr 20261,66024,98098.932.87$235,909
Mar 20261,62025,76289.753.15$226,531
Feb 20261,33624,80263.503.75$177,851
Jan 20261,74225,16659.138.00$304,280
Dec 20251,74826,97756.664.41$218,101
Nov 20251,92326,94658.593.93$218,470
Oct 20251,97228,05059.383.30$209,798
Sep 20251,91026,43062.743.08$201,156
Aug 20251,91127,81763.933.01$206,032
Jul 20252,15928,18766.743.32$237,537
Jun 20251,83926,92366.483.13$206,491
May 20252,07927,49360.553.23$214,750
Apr 20251,91026,73262.363.54$213,822
Mar 20252,42729,25967.704.27$289,195
Feb 20252,05728,08870.884.34$267,726
Jan 20252,24529,68674.324.28$293,865
Dec 20242,34529,12568.993.12$252,691
Nov 20242,26429,21569.052.20$220,557
Oct 20242,39631,04571.372.28$241,829
Sep 20242,49928,96169.612.36$242,430
Aug 20242,64128,02775.632.06$257,576
Jul 20242,34025,53479.932.15$241,847
Jun 20242,69627,28178.082.63$282,361
May 20242,58727,09678.812.20$263,450
Apr 20242,80728,37084.451.66$284,123
Mar 20242,89127,21380.301.55$274,195
Feb 20242,74828,73376.091.78$260,345
Jan 20242,92629,42073.023.30$310,674
Dec 20233,00828,91371.262.61$289,834
Nov 20232,95027,26377.892.81$306,318
Oct 20233,03429,23385.443.09$349,475
Sep 20233,02428,85289.042.74$348,168
Aug 20233,07627,98680.522.67$322,483
Jul 20233,24930,45174.852.64$323,633
Jun 20233,24030,22668.962.26$291,695
May 20233,40529,17870.622.23$305,452
Apr 20233,38629,04578.122.24$329,510
Mar 20233,51329,53172.852.39$326,594
Feb 20233,25930,33175.112.47$319,570
Jan 20233,55230,86476.533.39$376,393
Dec 20223,76828,28776.415.73$449,971
Nov 20223,46526,01685.005.65$441,417
Oct 20223,75825,55487.185.86$477,465
Sep 20223,56123,70284.888.16$495,753
Aug 20223,70323,44394.529.13$563,976
Jul 20223,62220,890101.587.54$525,477
Jun 20223,30917,954115.097.98$524,055
May 20223,54117,588109.378.43$535,599
Apr 20225,00219,602104.226.84$655,339
Mar 20221,2875,110108.885.08$166,069
Feb 20224,13629,78791.054.86$521,313
Jan 20225,79641,54481.844.54$662,858
Dec 20215,80440,39471.323.90$571,442
Nov 20215,72539,94377.435.24$652,462
Oct 20215,98841,52979.795.71$715,074
Sep 20215,88040,88869.865.35$629,565
Aug 20216,36641,43266.024.22$595,151
Jul 20216,07839,69070.783.98$588,250
Jun 20216,26437,92269.493.38$563,485
May 20216,61338,69463.483.02$536,559
Apr 20216,42436,01960.362.76$487,108
Mar 20216,74437,00361.302.72$513,942
Feb 20214,11420,41357.805.55$351,040
Jan 20216,88732,52750.412.81$438,583
Dec 20206,76329,75144.642.68$381,498
Nov 20206,51128,23438.772.71$328,849
Oct 20206,46225,04336.972.48$300,967
Sep 20206,33823,47737.091.99$281,820
Aug 20206,12123,24839.982.39$300,166
Jul 20205,10017,63638.371.83$227,875
Jun 20205,09620,33434.901.69$212,221
May 202003116.921.81$56
Apr 20204,96218,26014.751.80$106,137
Mar 20207,37718,65730.341.86$258,450
Feb 20204755249.881.98$3,438
Jan 20200057.252.09$0
Dec 20199,47152,25459.012.30$679,296
Nov 201910,72564,18455.302.75$769,643
Oct 201911,73676,09153.472.42$811,553
Sep 201912,02172,98255.052.66$855,690
Aug 201912,71274,58953.112.30$847,014
Jul 201912,87471,85556.272.46$901,188
Jun 201912,84667,49652.782.49$846,158
May 201913,86573,51358.482.74$1,012,274
Apr 201913,94272,34262.632.75$1,072,179
Mar 201915,21676,21856.803.06$1,097,656
Feb 201914,91072,57050.852.79$960,805
Jan 201919,410102,37946.033.23$1,223,940
Dec 201823,550124,60646.594.19$1,618,725
Nov 201825,970133,53552.934.24$1,940,412
Oct 201828,560157,34261.443.40$2,289,387
Sep 201831,070166,18359.543.11$2,366,405
Aug 201838,960190,38659.403.07$2,898,054
Jul 201846,841217,26765.142.93$3,688,224
Jun 201855,631249,25360.183.08$4,114,805
May 201847,783199,53465.382.90$3,702,861
Apr 20183,88514,49763.842.90$290,071

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         1,460 bbl  × $106.41 =   $155,359
Gas               25,834 Mcf  × $  3.05 =    $78,686

────────────────────────────────────────────────────
Month total                                 $234,045

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/285032 is the state's own key, not one this site invented.