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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 289903District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$24.5 M
Mar 2020 – May 2026
Value, last 12 filed months
$2.2 M
at the published price for each month
Months reported
75
no gaps in the span
Streams
2
condensate, gas

The PHANTOM (WOLFCAMP) field

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
CondensateDisposition314,325 bbl$17,594,875
GasProduction2,032,102 Mcf$6,896,564
Total$24,491,439

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 31.4543, -103.5305. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.45433, -103.53050 · 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
11,090 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 11,090 ft.

Completions filed
Mar 2020
1 of 1 wells

1 well

42-38938112C 4H11,090 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 20261,54818,393106.413.05$220,745
Apr 20261,58916,09798.932.87$203,394
Mar 20261,71115,59289.753.15$202,668
Feb 20261,62915,73563.503.75$162,453
Jan 20261,44721,10059.138.00$254,317
Dec 20251,68818,76756.664.41$178,468
Nov 20251,73518,17758.593.93$173,025
Oct 20251,17311,82459.383.30$108,729
Sep 20251,73617,86662.743.08$163,889
Aug 20251,63618,46163.933.01$160,245
Jul 20251,66616,71866.743.32$166,612
Jun 20251,68618,17466.483.13$168,947
May 20251,88219,67460.553.23$177,548
Apr 20251,93418,19962.363.54$185,085
Mar 20252,20319,40667.704.27$231,974
Feb 20251,85514,38770.884.34$193,934
Jan 20251,66514,75374.324.28$186,866
Dec 20242,08317,71268.993.12$198,992
Nov 20242,01617,62569.052.20$177,952
Oct 20241,84114,95771.372.28$165,515
Sep 20241,73211,78769.612.36$148,433
Aug 20241,48915,45175.632.06$144,498
Jul 20241,92916,41779.932.15$189,426
Jun 20241,73613,81778.082.63$171,941
May 20241,96914,83678.812.20$187,793
Apr 20241,43510,00584.451.66$137,786
Mar 20241,96514,49980.301.55$180,192
Feb 20241,84313,52576.091.78$164,358
Jan 20242,22815,22273.023.30$212,886
Dec 20232,14416,53171.262.61$195,939
Nov 20232,24417,40077.892.81$223,637
Oct 20232,29017,94985.443.09$251,071
Sep 20232,29418,31489.042.74$254,347
Aug 20232,21417,32180.522.67$224,568
Jul 20232,43521,70174.852.64$239,589
Jun 20232,73322,85968.962.26$240,094
May 20232,76723,47470.622.23$247,692
Apr 20232,78222,14478.122.24$266,883
Mar 20232,86822,73472.852.39$263,340
Feb 20232,75621,76075.112.47$260,656
Jan 20233,03222,74476.533.39$309,089
Dec 20223,24824,13576.415.73$386,451
Nov 20223,12322,91985.005.65$394,860
Oct 20223,27325,41287.185.86$434,350
Sep 20223,27224,40784.888.16$476,978
Aug 20222,75320,61494.529.13$448,361
Jul 20222,64918,471101.587.54$408,395
Jun 20222,78418,183115.097.98$465,460
May 20222,75618,716109.378.43$459,257
Apr 20222,48815,621104.226.84$366,110
Mar 20222,12214,552108.885.08$304,915
Feb 20223,08823,75991.054.86$396,604
Jan 20223,93427,82381.844.54$448,210
Dec 20214,14630,03371.323.90$412,795
Nov 20214,14529,95677.435.24$477,822
Oct 20214,32332,10579.795.71$528,376
Sep 20214,50934,31869.865.35$498,632
Aug 20214,88737,23466.024.22$479,789
Jul 20215,15638,86070.783.98$519,685
Jun 20214,71035,91269.493.38$448,703
May 20216,08843,11163.483.02$516,561
Apr 20216,26845,43060.362.76$503,652
Mar 20216,56146,01461.302.72$527,207
Feb 20215,22835,96057.805.55$501,683
Jan 20217,50650,71150.412.81$520,889
Dec 20208,10550,37844.642.68$496,592
Nov 20207,87749,87738.772.71$440,387
Oct 20208,96457,26636.972.48$473,329
Sep 202010,55550,33337.091.99$491,700
Aug 202012,42452,99839.982.39$623,117
Jul 202014,37664,97138.371.83$670,187
Jun 202015,76569,42134.901.69$667,542
May 202019,04879,89116.921.81$467,274
Apr 202019,56173,08514.751.80$420,398
Mar 202017,02555,51930.341.86$619,595

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         1,548 bbl  × $106.41 =   $164,723
Gas               18,393 Mcf  × $  3.05 =    $56,022

────────────────────────────────────────────────────
Month total                                 $220,745

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/289903 is the state's own key, not one this site invented.