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 289806District 08Field 71052900CondensateGasSave
Value, all time
$38.3 M
Mar 2020 – May 2026
Value, last 12 filed months
$2.7 M
at the published price for each month
Months reported
75
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
CondensateDisposition472,864 bbl$26,240,569
GasProduction3,560,401 Mcf$12,044,803
Total$38,285,371

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 31.4553, -103.5312. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.45531, -103.53117 · 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
10,419 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 10,419 ft.

Completions filed
Mar 2020
1 of 1 wells

1 well

42-38938115A 7H10,419 ftMar 2020

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 (75)

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

75 months

May 20261,85528,794106.413.05$285,092
Apr 20261,82625,54298.932.87$253,945
Mar 20261,94325,97189.753.15$256,178
Feb 20261,77725,91963.503.75$210,044
Jan 20261,68915,81559.138.00$226,358
Dec 20251,93527,81756.664.41$232,404
Nov 20251,96427,55158.593.93$223,248
Oct 20251,76929,23059.383.30$201,644
Sep 20252,02828,08462.743.08$213,649
Aug 20251,81629,20063.933.01$204,128
Jul 20251,98127,17466.743.32$222,299
Jun 20251,94428,90966.483.13$219,685
May 20252,05227,89660.553.23$214,417
Apr 20252,18527,81662.363.54$234,812
Mar 20252,40328,26867.704.27$283,340
Feb 20252,22626,10870.884.34$271,110
Jan 20252,28229,35874.324.28$295,212
Dec 20242,51328,16068.993.12$261,270
Nov 20242,45128,91269.052.20$232,803
Oct 20242,49830,18171.372.28$247,137
Sep 20242,50628,27969.612.36$241,304
Aug 20242,10524,33875.632.06$209,426
Jul 20242,53126,94279.932.15$260,136
Jun 20242,28328,05278.082.63$252,145
May 20242,48229,40978.812.20$260,260
Apr 20242,18027,24784.451.66$229,309
Mar 20242,77431,11580.301.55$270,829
Feb 20242,65129,02476.091.78$253,483
Jan 20242,97330,64273.023.30$318,135
Dec 20232,99932,59071.262.61$298,792
Nov 20233,00934,37377.892.81$330,875
Oct 20233,18534,26785.443.09$377,918
Sep 20233,11134,75089.042.74$372,046
Aug 20233,28635,84780.522.67$360,403
Jul 20233,22136,09874.852.64$336,456
Jun 20233,43136,82568.962.26$319,770
May 20233,60039,69170.622.23$342,640
Apr 20233,85141,08278.122.24$392,772
Mar 20233,43933,53672.852.39$330,788
Feb 20233,63033,03775.112.47$354,108
Jan 20233,98836,94776.533.39$430,368
Dec 20224,21839,63476.415.73$549,364
Nov 20224,30937,19585.005.65$576,275
Oct 20224,44837,51087.185.86$607,726
Sep 20224,52837,01884.888.16$686,540
Aug 20224,47438,65994.529.13$775,729
Jul 20224,57939,841101.587.54$765,619
Jun 20224,64737,677115.097.98$835,380
May 20224,65637,931109.378.43$829,100
Apr 20225,99041,185104.226.84$905,884
Mar 20226,97149,351108.885.08$1,009,528
Feb 20224,89146,35991.054.86$670,577
Jan 20226,16255,24881.844.54$754,996
Dec 20216,27655,73171.323.90$664,906
Nov 20216,30054,85077.435.24$775,050
Oct 20216,68056,81079.795.71$857,602
Sep 20216,93856,81369.865.35$788,691
Aug 20216,91056,66066.024.22$695,337
Jul 20217,51463,40870.783.98$784,337
Jun 20218,12367,31669.493.38$792,037
May 20219,13973,98563.483.02$803,406
Apr 202110,10878,57960.362.76$826,873
Mar 202111,19277,16461.302.72$895,720
Feb 20217,32052,78357.805.55$715,933
Jan 202111,47580,65350.412.81$805,111
Dec 202013,03884,66544.642.68$808,534
Nov 202013,13182,49638.772.71$732,370
Oct 202014,94289,49636.972.48$774,215
Sep 202015,53272,97137.091.99$721,370
Aug 202018,20295,45539.982.39$955,386
Jul 202021,163112,78838.371.83$1,017,876
Jun 202022,530120,10734.901.69$989,315
May 202029,581139,42216.921.81$753,527
Apr 202034,718149,82814.751.80$782,437
Mar 202027,807110,01730.341.86$1,047,881

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         1,855 bbl  × $106.41 =   $197,391
Gas               28,794 Mcf  × $  3.05 =    $87,702

────────────────────────────────────────────────────
Month total                                 $285,092

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/289806 is the state's own key, not one this site invented.