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 289907District 08Field 71052900CondensateGasSave
Value, all time
$27.6 M
Mar 2020 – May 2026
Value, last 12 filed months
$2.4 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
CondensateDisposition367,020 bbl$18,883,661
GasProduction2,675,664 Mcf$8,669,609
Total$27,553,270

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, -103.5304. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.45430, -103.53038 · 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
10,587 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 10,587 ft.

Completions filed
Mar 2020
1 of 1 wells

1 well

42-38938113A 5H10,587 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 20261,34123,814106.413.05$215,229
Apr 20261,33921,15498.932.87$193,173
Mar 20261,60123,24289.753.15$216,889
Feb 20261,49724,12763.503.75$185,543
Jan 20261,58728,77059.138.00$323,939
Dec 20251,61723,30856.664.41$194,486
Nov 20251,57423,67058.593.93$185,159
Oct 20251,40127,71459.383.30$174,782
Sep 20251,54227,41362.743.08$181,093
Aug 20251,44824,44763.933.01$166,272
Jul 20251,48724,20666.743.32$179,490
Jun 20251,62324,61566.483.13$184,910
May 20251,52923,58960.553.23$168,828
Apr 20251,62423,13162.363.54$183,229
Mar 20251,83523,06067.704.27$222,657
Feb 20251,67920,27170.884.34$207,001
Jan 20251,55721,18574.324.28$206,360
Dec 20241,73120,60468.993.12$183,734
Nov 20241,66820,52769.052.20$160,303
Oct 20241,68421,08371.372.28$168,286
Sep 20241,67921,35369.612.36$167,361
Aug 20241,64218,58575.632.06$162,537
Jul 20241,90911,09479.932.15$176,401
Jun 20241,75817,18078.082.63$182,516
May 20243,22025,45278.812.20$309,723
Apr 20241,76122,74684.451.66$186,457
Mar 20241,88123,07480.301.55$186,697
Feb 20241,82721,76076.091.78$177,828
Jan 20242,04222,39473.023.30$222,955
Dec 20232,01023,55471.262.61$204,726
Nov 20232,01324,26077.892.81$224,904
Oct 20232,14024,06685.443.09$257,140
Sep 20232,10324,24089.042.74$253,548
Aug 20232,19924,59280.522.67$242,795
Jul 20232,17824,71074.852.64$228,302
Jun 20232,24624,51668.962.26$210,253
May 20232,26225,17270.622.23$215,811
Apr 20232,29524,51378.122.24$234,140
Mar 20232,58724,81672.852.39$247,852
Feb 20232,19516,99675.112.47$206,773
Jan 20232,30518,54476.533.39$239,224
Dec 20222,53922,11176.415.73$320,681
Nov 20222,69224,19085.005.65$365,402
Oct 20222,99026,00487.185.86$413,149
Sep 20223,01224,21884.888.16$453,367
Aug 20222,58820,70594.529.13$433,596
Jul 20222,50316,994101.587.54$382,425
Jun 20222,56916,863115.097.98$430,186
May 20221,96311,144109.378.43$308,671
Apr 20227621,353104.226.84$88,667
Mar 20226091,232108.885.08$72,562
Feb 20228938,45891.054.86$122,404
Jan 20224,79744,35681.844.54$593,860
Dec 20214,89543,85771.323.90$520,115
Nov 20214,95245,86377.435.24$623,611
Oct 20215,45551,81779.795.71$731,330
Sep 20215,42649,46069.865.35$643,717
Aug 20215,89752,99966.024.22$613,007
Jul 20216,58961,09570.783.98$709,655
Jun 20216,94766,08669.493.38$706,159
May 20217,37263,22163.483.02$658,755
Apr 20217,44859,33260.362.76$613,224
Mar 20218,31159,67861.302.72$671,606
Feb 20217,28745,48757.805.55$673,548
Jan 20219,95864,92650.412.81$684,442
Dec 202010,31566,47544.642.68$638,313
Nov 202010,51868,07538.772.71$592,033
Oct 202012,50377,80136.972.48$655,060
Sep 202013,06980,84837.091.99$645,701
Aug 202015,25282,40539.982.39$806,319
Jul 202017,87192,28738.371.83$854,145
Jun 202019,33690,23434.901.69$827,350
May 202025,496103,78916.921.81$619,743
Apr 202032,045112,02814.751.80$674,805
Mar 202026,54586,72630.341.86$966,359

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         1,341 bbl  × $106.41 =   $142,696
Gas               23,814 Mcf  × $  3.05 =    $72,534

────────────────────────────────────────────────────
Month total                                 $215,229

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/289907 is the state's own key, not one this site invented.