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ELEPHANT 3

Operated by VTX ENERGY OPERATING, LLC (P-5 101377) in the WOLFBONE (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 45363District 08Field 98359800Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$30.2 M
Nov 2013 – May 2026
Value, last 12 filed months
$1.2 M
at the published price for each month
Months reported
151
no gaps in the span
Streams
2
oil, casinghead gas

The WOLFBONE (TREND AREA) 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 1,266 leases and 2,377 wells, and the rule below applies to all of them.

Discovered
2010-11-30
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 40 acres. The field rule took effect on 2015-04-08.

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: “DESIGNATED AS UFT FIELD PER DOCKET 01-0299858”

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
OilDisposition468,121 bbl$28,576,066
Casinghead gasProduction498,383 Mcf$1,653,280
Total$30,229,347

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 31.2589, -103.2291. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

31.25890, -103.22912 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
10,882 ft
2 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.
2100.0%

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 10,721 and 11,042 ft, median 10,882 ft, over the 2 wells that filed a depth.

Completions filed
Jul 2015 – Feb 2021
2 of 2 wells

2 wells

42-389338381H10,721 ftFeb 2021——
42-389343222H11,042 ftJul 2015——

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 (151)

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

151 months

May 20261,3501,650106.413.05$148,679
Apr 20261,3681,64498.932.87$140,054
Mar 20261,5131,81989.753.15$141,521
Feb 20261,4321,67663.503.75$97,218
Jan 20261,4441,55059.138.00$97,781
Dec 20251,7021,53156.664.41$103,192
Nov 20251,1361,44358.593.93$72,224
Oct 20251,7322,17859.383.30$110,044
Sep 20259421,20762.743.08$62,815
Aug 20251,5721,55463.933.01$105,183
Jul 202521111266.743.32$14,453
Jun 20259751,18166.483.13$68,513
May 202527851860.553.23$18,507
Apr 20251,4401,53362.363.54$95,230
Mar 20251,7261,19567.704.27$121,951
Feb 20251,05381170.884.34$78,157
Jan 202576794674.324.28$61,051
Dec 20241,4601,69768.993.12$106,022
Nov 20241,7451,95969.052.20$124,799
Oct 20242,2852,20171.372.28$168,102
Sep 20248331,05869.612.36$60,487
Aug 20249881,12375.632.06$77,040
Jul 20241,6292,17679.932.15$134,877
Jun 20241,8342,41678.082.63$149,562
May 20241,7842,48978.812.20$146,069
Apr 20241,9052,62484.451.66$165,231
Mar 20242,0142,51680.301.55$165,612
Feb 20241,5491,83576.091.78$121,136
Jan 20241,6031,48073.023.30$121,932
Dec 20231,3821,92371.262.61$103,502
Nov 20231,0021,25777.892.81$81,575
Oct 20231,7452,28285.443.09$156,138
Sep 20231,8002,57489.042.74$167,312
Aug 20231,9942,42280.522.67$167,031
Jul 20231,2351,68674.852.64$96,894
Jun 202371786768.962.26$51,402
May 20231,1401,58870.622.23$84,044
Apr 20231,6811,86078.122.24$135,482
Mar 20231,3621,35672.852.39$102,467
Feb 20231,7741,82675.112.47$137,747
Jan 20231,1581,15876.533.39$92,545
Dec 202290362976.415.73$72,602
Nov 202275284785.005.65$68,702
Oct 20221,9602,17787.185.86$183,638
Sep 20229181,37684.888.16$89,153
Aug 20221,2581,46694.529.13$132,287
Jul 20221,5801,907101.587.54$174,879
Jun 20221,0031,464115.097.98$127,114
May 20221,0871,300109.378.43$129,848
Apr 20221,1511,720104.226.84$131,718
Mar 20222,4622,750108.885.08$282,023
Feb 202261354091.054.86$58,437
Jan 20221,2911,67681.844.54$113,261
Dec 20211,7722,37171.323.90$135,624
Nov 20211,6922,42777.435.24$143,721
Oct 20211,5252,37279.795.71$135,233
Sep 20211,4162,19069.865.35$110,640
Aug 20212,0142,44566.024.22$143,284
Jul 20211,8962,25070.783.98$143,159
Jun 20211,9712,04369.493.38$143,871
May 20212,0782,65363.483.02$139,917
Apr 20212,2831,75660.362.76$142,646
Mar 20212,9363,01661.302.72$188,171
Feb 20211,6202,00657.805.55$104,765
Jan 20219961,24050.412.81$53,693
Dec 20202,0812,53544.642.68$99,678
Nov 20202,3092,71038.772.71$96,855
Oct 20202,1792,38936.972.48$86,479
Sep 20202,1872,37637.091.99$85,847
Aug 20202,0922,46839.982.39$89,525
Jul 20202,0182,26238.371.83$81,559
Jun 20202,0292,40834.901.69$74,882
May 20202,2743,15816.921.81$44,207
Apr 20202,2662,97914.751.80$38,799
Mar 20202,4433,04930.341.86$79,780
Feb 20202,0302,69949.881.98$106,602
Jan 20202,6052,71257.252.09$154,817
Dec 20192,6222,75759.012.30$161,077
Nov 20192,2682,80355.302.75$133,131
Oct 20192,7323,51853.472.42$154,588
Sep 20192,8343,39455.052.66$165,031
Aug 20193,1403,80653.112.30$175,536
Jul 20192,6903,64156.272.46$160,323
Jun 20192,8753,82452.782.49$161,269
May 20193,4864,56958.482.74$216,382
Apr 20194,6045,71062.632.75$304,055
Mar 20192,4634,72856.803.06$154,376
Feb 20191,8424,17950.852.79$105,334
Jan 20192,7775,82646.033.23$146,633
Dec 20184,5287,54546.594.19$242,539
Nov 20184,6265,58852.934.24$268,532
Oct 20182,6852,86861.443.40$174,712
Sep 20182,8532,94059.543.11$179,005
Aug 20182,9673,49459.403.07$186,954
Jul 20182,3102,08465.142.93$156,583
Jun 20182,0672,05260.183.08$130,706
May 20182,8812,44765.382.90$195,458
Apr 20182,0842,08063.842.90$139,076
Mar 20182,8262,54961.222.79$180,111
Feb 20182,8892,76861.782.77$186,139
Jan 20183,3083,22362.874.01$220,896
Dec 20173,1263,09257.272.92$188,059
Nov 20173,3783,46855.423.12$198,023
Oct 20173,6423,82749.292.98$190,933
Sep 20173,8033,65747.523.09$192,009
Aug 20174,5194,29445.373.00$217,928
Jul 20173,6673,76843.873.09$172,504
Jun 20174,7343,99042.493.09$213,466
May 20175,1685,11745.373.26$251,171
Apr 20174,4244,34347.933.21$225,990
Mar 20173,5183,94446.772.98$176,304
Feb 20173,5033,81850.452.95$187,999
Jan 20174,1494,41749.413.42$220,103
Dec 20164,3744,61848.763.72$230,468
Nov 20164,3644,54042.492.64$197,432
Oct 20164,3794,90946.193.09$217,436
Sep 20164,5464,64041.553.10$203,273
Aug 20164,5784,91641.442.92$204,088
Jul 20164,7485,07341.622.92$212,447
Jun 20164,5984,93545.352.69$221,774
May 20165,1125,49042.521.99$228,293
Apr 20165,3715,48636.561.99$207,287
Mar 20165,7855,85433.011.79$201,465
Feb 20165,7265,71926.472.06$163,369
Jan 20166,5346,17727.352.36$193,310
Dec 20156,6976,58732.362.00$229,898
Nov 20155,8756,90638.792.17$242,859
Oct 20157,9587,56943.552.43$364,938
Sep 20158,9178,72142.992.76$407,398
Aug 201512,32612,32540.162.87$530,416
Jul 201511,3925,13248.152.95$563,639
Jun 20153,1532,59756.152.88$184,528
May 20152,3292,25455.212.96$135,246
Apr 20152,0161,81449.822.71$105,347
Mar 20153,7174,04042.892.93$171,278
Feb 20153,1444,18844.662.98$152,875
Jan 20153,9794,65743.433.10$187,248
Dec 20145,2336,81454.693.59$310,664
Nov 20145,4337,88870.464.25$416,348
Oct 20146,6076,33078.303.90$542,021
Sep 20143,4692,96386.164.05$310,876
Aug 20144,5494,25189.394.04$423,788
Jul 20145,1144,77996.564.18$513,782
Jun 20144,9434,62398.164.74$507,103
May 20146,0125,10594.734.73$593,646
Apr 20146,4006,14195.944.81$643,549
Mar 20148,2247,71195.895.06$827,592
Feb 20148,7666,20997.406.19$892,255
Jan 201413,48211,75190.404.86$1,275,891
Dec 201319,33315,25691.824.35$1,841,588
Nov 20130088.853.74$0

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
Oil                1,350 bbl  × $106.41 =   $143,654
Casinghead gas     1,650 Mcf  × $  3.05 =     $5,026

────────────────────────────────────────────────────
Month total                                 $148,679

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/45363 is the state's own key, not one this site invented.