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 289904District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$21.1 M
Mar 2020 – May 2026
Value, last 12 filed months
$1.8 M
at the published price for each month
Months reported
75
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
CondensateDisposition256,565 bbl$13,947,026
GasProduction2,086,227 Mcf$7,177,980
Total$21,125,006

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
10,779 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 10,779 ft.

Completions filed
Mar 2020
1 of 1 wells

1 well

42-38938114B 6H10,779 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 20261,06120,288106.413.05$174,695
Apr 20261,00516,43298.932.87$146,580
Mar 20261,09516,24089.753.15$149,423
Feb 20261,00915,98363.503.75$124,013
Jan 20261,03026,49259.138.00$272,785
Dec 20251,12222,42456.664.41$162,538
Nov 20251,20220,99058.593.93$152,841
Oct 20251,08023,34159.383.30$141,269
Sep 20251,12418,36862.743.08$127,037
Aug 20251,07019,51763.933.01$127,244
Jul 20251,11218,43966.743.32$135,344
Jun 20251,08918,78366.483.13$131,163
May 20251,28621,05960.553.23$145,937
Apr 20251,24019,82762.363.54$147,576
Mar 20251,36518,90967.704.27$173,120
Feb 20251,25116,22770.884.34$159,110
Jan 20251,05917,43574.324.28$153,304
Dec 20241,40429,34468.993.12$188,455
Nov 20241,27717,13669.052.20$125,849
Oct 20241,25716,74471.372.28$127,912
Sep 20241,19215,81569.612.36$120,367
Aug 20241,12416,33775.632.06$118,722
Jul 20241,46417,38679.932.15$154,338
Jun 20241,15314,78278.082.63$128,962
May 20241,31116,70178.812.20$140,036
Apr 20241,22816,74384.451.66$131,485
Mar 20241,40716,90580.301.55$139,103
Feb 20241,43117,32576.091.78$139,786
Jan 20241,60417,34573.023.30$174,322
Dec 20231,47517,53271.262.61$150,880
Nov 20231,52918,25077.892.81$170,332
Oct 20231,60318,10885.443.09$192,865
Sep 20231,59718,60589.042.74$193,082
Aug 20231,67419,89380.522.67$187,962
Jul 20231,67821,33474.852.64$181,958
Jun 20231,84122,43268.962.26$177,618
May 20231,79321,69870.622.23$174,952
Apr 20231,91121,99178.122.24$198,498
Mar 20232,20223,79972.852.39$217,371
Feb 20231,84420,66775.112.47$189,461
Jan 20232,21724,23676.533.39$251,772
Dec 20222,24925,77076.415.73$319,484
Nov 20222,35923,10085.005.65$330,942
Oct 20222,40823,69987.185.86$348,895
Sep 20222,39622,74484.888.16$389,047
Aug 20222,30722,32194.529.13$421,785
Jul 20222,21020,986101.587.54$382,770
Jun 20222,47721,858115.097.98$459,444
May 20222,90925,896109.378.43$536,539
Apr 20223,39430,259104.226.84$560,622
Mar 20223,46533,345108.885.08$546,542
Feb 20222,89530,18391.054.86$410,244
Jan 20223,19628,99681.844.54$393,135
Dec 20213,17027,80071.323.90$334,480
Nov 20213,21227,96377.435.24$395,143
Oct 20213,34628,40079.795.71$429,251
Sep 20213,45427,87669.865.35$390,459
Aug 20213,67529,94266.024.22$368,996
Jul 20213,35724,16470.783.98$333,831
Jun 20213,31526,82969.493.38$321,058
May 20214,63538,82463.483.02$411,388
Apr 20214,92242,14460.362.76$413,343
Mar 20215,64544,22961.302.72$466,206
Feb 20214,38329,92357.805.55$419,349
Jan 20215,99441,79350.412.81$419,607
Dec 20206,44443,39344.642.68$403,756
Nov 20206,14340,05438.772.71$346,573
Oct 20206,60342,63136.972.48$349,771
Sep 20207,97651,61237.091.99$398,591
Aug 20209,43154,08439.982.39$506,047
Jul 202011,08862,74638.371.83$539,966
Jun 202013,54073,47934.901.69$596,748
May 202018,94793,60216.921.81$490,447
Apr 202020,84278,15614.751.80$448,443
Mar 202017,76255,56430.341.86$642,039

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         1,061 bbl  × $106.41 =   $112,901
Gas               20,288 Mcf  × $  3.05 =    $61,794

────────────────────────────────────────────────────
Month total                                 $174,695

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/289904 is the state's own key, not one this site invented.