ELBERT STATE UNIT

Operated by APACHE CORPORATION (P-5 27200) in the ALPINE HIGH (CONS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 286720District 08Field 019425002 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.2 M
Dec 2017 – May 2026
Value, last 12 filed months
$399 k
at the published price for each month
Months reported
102
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 258 leases and 258 wells, and the rule below applies to all of them.

Discovered
2016-06-07
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 40 acres. The field rule took effect on 2019-06-04.

The Commission's schedule remark for this field reads: REQUIREMENTS OF COMMISSION PROCEDURES.

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 Gas112020-01-13223641
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
CondensateDisposition57,131 bbl$3,436,308
GasProduction2,326,655 Mcf$7,799,164
Total$11,235,472

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 31.0709, -103.7620. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.07093, -103.76198 · 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
9,732 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 9,732 ft.

Completions filed
Dec 2017
1 of 1 wells

1 well

42-38935297101AH9,732 ftDec 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 (102)

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

102 months

May 2026019106.413.05$58
Apr 20260098.932.87$0
Mar 202640489.753.15$3,603
Feb 2026139063.503.75$8,827
Jan 2026014,78959.138.00$118,281
Dec 2025010556.664.41$463
Nov 2025621,67858.593.93$10,221
Oct 2025014,22959.383.30$47,025
Sep 2025012,26462.743.08$37,735
Aug 20254616,42163.933.01$52,446
Jul 20255716,69266.743.32$59,142
Jun 2025019,71766.483.13$61,689
May 20257017,91260.553.23$62,136
Apr 20257218,72962.363.54$70,849
Mar 20256418,37967.704.27$82,780
Feb 20257015,40570.884.34$71,832
Jan 20253317,89674.324.28$79,024
Dec 202412522,59768.993.12$79,157
Nov 202404,03969.052.20$8,880
Oct 2024110,84371.372.28$24,809
Sep 20240069.612.36$0
Aug 202406,97875.632.06$14,400
Jul 2024151679.932.15$1,188
Jun 2024135,32478.082.63$15,038
May 2024222,21278.812.20$6,597
Apr 20241616,00284.451.66$27,902
Mar 202412223,77680.301.55$46,534
Feb 202412917,58976.091.78$41,188
Jan 20245312,46373.023.30$44,969
Dec 20235311,91871.262.61$34,891
Nov 20235914,08777.892.81$44,146
Oct 202310512,90685.443.09$48,816
Sep 20238113,41689.042.74$43,906
Aug 2023014,03280.522.67$37,506
Jul 202312011,29774.852.64$38,826
Jun 202311314,98268.962.26$41,629
May 20239214,82070.622.23$39,507
Apr 202316713,41678.122.24$43,068
Mar 202333813,84072.852.39$57,745
Feb 202313310,53675.112.47$35,968
Jan 202311115,15576.533.39$59,836
Dec 2022521,92576.415.73$15,002
Nov 202217114,02085.005.65$93,695
Oct 202217117,18287.185.86$115,659
Sep 202210317,57684.888.16$152,227
Aug 202221419,37894.529.13$197,093
Jul 202216119,622101.587.54$164,345
Jun 202211618,649115.097.98$162,117
May 202218419,589109.378.43$185,319
Apr 202226620,051104.226.84$164,823
Mar 202233023,621108.885.08$155,840
Feb 202216614,27791.054.86$84,484
Jan 202241115,25681.844.54$102,863
Dec 202127416,21871.323.90$82,778
Nov 202128216,52277.435.24$108,359
Oct 202132918,01179.795.71$129,163
Sep 202120218,11769.865.35$111,054
Aug 202120418,05466.024.22$89,667
Jul 202124918,17170.783.98$89,983
Jun 202116827,63969.493.38$105,111
May 202134418,39763.483.02$77,353
Apr 202132320,99360.362.76$77,404
Mar 202138918,07661.302.72$72,957
Feb 202135618,32357.805.55$122,232
Jan 202163325,20750.412.81$102,748
Dec 202037730,76444.642.68$99,137
Nov 202052226,65538.772.71$92,382
Oct 202034527,60336.972.48$81,167
Sep 202043432,09737.091.99$80,003
Aug 202047733,21939.982.39$98,301
Jul 202048030,81338.371.83$74,655
Jun 202042628,26134.901.69$62,637
May 202022024,12116.921.81$47,496
Apr 20201534,99614.751.80$11,271
Mar 202055231,72430.341.86$75,635
Feb 202062930,66349.881.98$92,108
Jan 202062229,40557.252.09$97,205
Dec 201966031,65959.012.30$111,900
Nov 201963326,03655.302.75$106,622
Oct 201968223,24453.472.42$92,683
Sep 201945918,00355.052.66$73,107
Aug 20191843,09453.112.30$16,902
Jul 201914910656.272.46$8,645
Jun 201935632,71252.782.49$100,282
May 20191,10542,18858.482.74$180,229
Apr 201998843,01162.632.75$180,189
Mar 20191,16841,80356.803.06$194,347
Feb 20191,27739,89550.852.79$176,331
Jan 20192,00450,23646.033.23$254,415
Dec 20181,95359,33146.594.19$339,317
Nov 20181,11947,21752.934.24$259,298
Oct 20181,03338,28061.443.40$193,546
Sep 20181,77932,22159.543.11$206,065
Aug 201869234,74659.403.07$147,655
Jul 20181,27345,72965.142.93$216,995
Jun 20182,12260,63360.183.08$314,265
May 20182,76682,53965.382.90$420,270
Apr 20182,96976,45363.842.90$411,316
Mar 20184,06387,64461.222.79$492,987
Feb 20185,73390,81261.782.77$605,382
Jan 20188,12283,99662.874.01$847,397
Dec 201702,88957.272.92$8,440

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             0 bbl  × $106.41 =         $0
Gas                   19 Mcf  × $  3.05 =        $58

────────────────────────────────────────────────────
Month total                                      $58

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/286720 is the state's own key, not one this site invented.