ELKIN -F-

Operated by PIONEER NATURAL RES. USA, INC. (P-5 665748) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 23359District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$358 k
Jan 1993 – May 2002
Value, last 12 filed months
$770
at the published price for each month
Months reported
113
no gaps in the span
Streams
2
oil, casinghead 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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered
1952-12-22
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 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.

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
OilDisposition12,892 bbl$234,697
Casinghead gasProduction62,856 Mcf$123,747
Total$358,444

13,414 Mcf of this lease's gas, across 45 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (2)

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 31.8978, -101.9664. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.89782, -101.96641 · 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
100.0%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
9,210 ft
2 wells filed one
Completion to plug
9.3 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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

Between 9,200 and 9,220 ft, median 9,210 ft, over the 2 wells that filed a depth.

Completions filed
Feb 1975 – Jun 2000
2 of 2 wells
Plug dates filed
Apr 1992 – Sep 2001
2 of 2 wells

Last completion to plug: a median of 9.3 years across the 2 wells that filed both dates, with the middle half between 5.3 years and 13.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-3293028919,200 ftJun 2000Sep 2001Yes
42-3293032829,220 ftFeb 1975Apr 1992Yes

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 (113)

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

113 months

May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 200235022.003.10$770
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 200104624.685.34$245
Mar 2001015324.545.38$823
Feb 2001016727.755.77$963
Jan 200112817627.478.40$4,994
Dec 200016828126.889.12$7,079
Nov 200035121632.215.66$12,528
Oct 2000032931.235.15$1,693
Sep 200018023031.875.19$6,930
Aug 2000026029.644.54$1,181
Jul 2000027028.534.09$1,104
Jun 2000019129.304.40$840
May 20000027.263.68$0
Apr 2000225824.513.12$853
Mar 200018271928.422.86$7,229
Feb 200018371927.622.73$7,015
Jan 2000076525.272.48$1,898
Dec 19991792,04824.282.42$9,310
Nov 19991683,42223.192.43$12,225
Oct 19991892,08020.982.80$9,797
Sep 19991731,91821.752.62$8,786
Aug 19991731,88419.262.88$8,750
Jul 19991751,91117.892.37$7,664
Jun 19991771,80615.942.36$7,087
May 199902,00115.792.32$4,644
Apr 19991762,00115.102.21$7,076
Mar 19991782,04812.471.84$5,985
Feb 199901,8229.981.82$3,312
Jan 19991711,97010.381.90$5,518
Dec 19981851,9959.201.77$5,240
Nov 19981881,87310.892.19$6,141
Oct 199818286412.421.97$3,962
Sep 199817879912.592.08$3,905
Aug 199816785011.301.91$3,508
Jul 199817287811.742.24$3,984
Jun 199817322011.242.24$2,437
May 199817084912.622.21$4,019
Apr 199818377213.042.51$4,320
Mar 199818273812.802.31$4,034
Feb 1998070313.952.30$1,616
Jan 199817362214.702.15$3,883
Dec 199733871316.322.41$7,235
Nov 1997063518.193.09$1,961
Oct 199734879619.253.15$9,206
Sep 1997081117.742.95$2,396
Aug 199717783817.862.55$5,302
Jul 199717476917.582.25$4,787
Jun 199717072617.242.26$4,570
May 199718078218.972.31$5,220
Apr 199718178417.882.08$4,869
Mar 199718371118.951.94$4,847
Feb 199718044720.492.21$4,674
Jan 199718457623.483.54$6,359
Dec 199625157023.32$5,853
Nov 199617741621.97$3,889
Oct 199635434723.31$8,252
Sep 199617730122.22$3,933
Aug 1996054820.26$0
Jul 199617852819.55$3,480
Jun 199617769518.73$3,315
May 199617282119.43$3,342
Apr 199618161421.51$3,893
Mar 199635840919.38$6,938
Feb 199617742716.98$3,005
Jan 199618145117.07$3,090
Dec 199536427417.19$6,257
Nov 199518130516.00$2,896
Oct 199518324015.43$2,824
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 199518313216.41$3,003
May 1995017117.56$0
Apr 1995018917.73$0
Mar 199518214916.44$2,992
Feb 1995013016.58$0
Jan 199518212015.92$2,897
Dec 1994010015.03$0
Nov 199418312715.90$2,910
Oct 1994012915.58$0
Sep 199417611715.29$2,691
Aug 1994019116.13$0
Jul 1994027517.56$0
Jun 199418130517.09$3,093
May 1994035915.88$0
Apr 199418121214.14$2,559
Mar 1994027412.46$0
Feb 199418034512.50$2,250
Jan 1994020512.66$0
Dec 199318032812.33$2,219
Nov 1993035914.49$0
Oct 199318229615.85$2,885
Sep 1993027415.03$0
Aug 199318541415.66$2,897
Jul 1993021115.46$0
Jun 199337021816.79$6,212
May 1993021617.68$0
Apr 1993013118.05$0
Mar 1993017018.14$0
Feb 1993014917.90$0
Jan 199336017216.93$6,095

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.

Mar 2002 — as filed, then multipliedworked
Oil                   35 bbl  × $ 22.00 =       $770
Casinghead gas         0 Mcf  × $  3.10 =         $0

────────────────────────────────────────────────────
Month total                                     $770

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/O/23359 is the state's own key, not one this site invented.