NORTH ELEPHANT 2 UNIT

Operated by RESOLUTE NATURAL RES. CO., LLC (P-5 703352) 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 289056District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$23.6 M
Dec 2019 – May 2026
Value, last 12 filed months
$1.7 M
at the published price for each month
Months reported
78
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 7,755 leases and 10,539 wells, and the rule below applies to all of them.

Discovered
1983-06-23
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 20 acres. The field rule took effect on 2017-08-01.

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: FOR THE FOLLOWING API 389-37515.

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
CondensateDisposition296,081 bbl$17,980,811
GasProduction1,710,060 Mcf$5,627,361
Total$23,608,173

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 31.7263, -103.7173. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.72632, -103.71734 · 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
11,145 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 11,145 ft.

Completions filed
Dec 2019
1 of 1 wells

1 well

42-3893823512H11,145 ftDec 2019

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 (78)

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

78 months

May 20261,2376,860106.413.05$152,524
Apr 20261,21810,33198.932.87$150,144
Mar 20261,46911,48289.753.15$168,005
Feb 20261,51210,15663.503.75$134,100
Jan 202690811,71459.138.00$147,378
Dec 20251,55012,13856.664.41$141,392
Nov 20251,52511,65158.593.93$135,097
Oct 20251,80312,80159.383.30$149,367
Sep 20251,45613,70362.743.08$133,512
Aug 20251,39713,71863.933.01$130,667
Jul 20251,58813,86366.743.32$151,942
Jun 20251,62413,17666.483.13$149,188
May 20251,70713,29360.553.23$146,326
Apr 20251,65212,48162.363.54$147,240
Mar 20251,81013,31167.704.27$179,353
Feb 20251,65912,35670.884.34$171,225
Jan 20251,74012,44874.324.28$182,578
Dec 20241,81613,58068.993.12$167,674
Nov 20241,92413,10269.052.20$161,656
Oct 20242,11413,97671.372.28$182,761
Sep 20241,92813,97569.612.36$167,250
Aug 20242,13914,54775.632.06$191,792
Jul 20242,08014,15279.932.15$196,633
Jun 20241,98614,32578.082.63$192,799
May 20242,15414,75578.812.20$202,195
Apr 20242,11314,94984.451.66$203,246
Mar 20242,12015,09580.301.55$193,560
Feb 20242,12915,11876.091.78$188,961
Jan 20242,20315,15773.023.30$210,846
Dec 20232,18814,86771.262.61$194,730
Nov 20232,19814,20477.892.81$211,081
Oct 20232,56215,90685.443.09$268,004
Sep 20232,02913,60689.042.74$217,875
Aug 20232,25814,94480.522.67$221,758
Jul 20232,54716,46474.852.64$234,138
Jun 20232,28915,35168.962.26$192,519
May 20232,30916,22870.622.23$199,208
Apr 20232,50715,69178.122.24$230,960
Mar 20232,59014,46372.852.39$223,294
Feb 20232,37214,79475.112.47$214,638
Jan 20232,56313,53676.533.39$242,003
Dec 20222,72715,59776.415.73$297,727
Nov 20222,63117,99785.005.65$325,250
Oct 20222,82518,35287.185.86$353,895
Sep 20222,84117,88884.888.16$387,176
Aug 20222,51719,97594.529.13$420,222
Jul 20223,17520,892101.587.54$480,086
Jun 20222,84819,360115.097.98$482,215
May 20222,79719,164109.378.43$467,519
Apr 20222,72619,080104.226.84$414,565
Mar 20223,12120,100108.885.08$441,850
Feb 20222,85118,99691.054.86$351,882
Jan 20223,39920,73781.844.54$372,272
Dec 20213,29521,25271.323.90$317,864
Nov 20213,48920,60277.435.24$378,043
Oct 20213,61222,27179.795.71$415,455
Sep 20213,64621,83469.865.35$371,542
Aug 20213,91224,01666.024.22$359,632
Jul 20214,16225,19970.783.98$394,931
Jun 20214,40223,44369.493.38$385,147
May 20214,65525,21363.483.02$371,584
Apr 20214,77025,11360.362.76$357,189
Mar 20215,45026,79861.302.72$406,894
Feb 20214,35123,15757.805.55$379,962
Jan 20215,33128,29350.412.81$348,247
Dec 20204,68621,28044.642.68$266,117
Nov 20205,60626,83638.772.71$289,978
Oct 20205,77830,19336.972.48$288,444
Sep 20207,78841,40537.091.99$371,296
Aug 20208,90350,98539.982.39$477,546
Jul 20209,33349,76038.371.83$448,925
Jun 202010,91658,58734.901.69$479,999
May 20201,7607,64116.921.81$43,646
Apr 202011,40557,23114.751.80$271,490
Mar 202013,72764,46230.341.86$536,133
Feb 202013,64562,35349.881.98$804,113
Jan 202020,97292,07957.252.09$1,393,529
Dec 201917,05673,65259.012.30$1,176,195

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         1,237 bbl  × $106.41 =   $131,629
Gas                6,860 Mcf  × $  3.05 =    $20,894

────────────────────────────────────────────────────
Month total                                 $152,524

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/289056 is the state's own key, not one this site invented.