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NORTH ELEPHANT 2 UNIT

Operated by RESOLUTE NATURAL RES. CO., LLC (P-5 703352) in the PHANTOM (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 47936District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$49.4 M
Jul 2016 – May 2026
Value, last 12 filed months
$1.2 M
at the published price for each month
Months reported
119
no gaps in the span
Streams
2
oil, casinghead 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
OilDisposition721,102 bbl$39,043,513
Casinghead gasProduction2,992,528 Mcf$10,372,987
Total$49,416,500

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 31.7267, -103.7174. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.72669, -103.71735 · 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
50.0%
1 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
10,914 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
150.0%
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.
150.0%

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 10,882 and 10,945 ft, median 10,914 ft, over the 2 wells that filed a depth.

Completions filed
Jul 2016 – May 2017
2 of 2 wells

2 wells

42-38935527U 06H10,882 ftMay 2017—Yes
42-389351421001H10,945 ftJul 2016——

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 (119)

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

119 months

May 20262792,678106.413.05$37,845
Apr 20265232,64298.932.87$59,322
Mar 20261,0967,40689.753.15$121,691
Feb 20261,2317,00263.503.75$104,428
Jan 20261,2246,23359.138.00$122,226
Dec 20251,0425,02556.664.41$81,217
Nov 20251,6229,30858.593.93$131,580
Oct 20256262,94359.383.30$46,898
Sep 20251,1355,04262.743.08$86,724
Aug 20251,4866,71163.933.01$115,232
Jul 20251,6917,81566.743.32$138,766
Jun 20251,7027,80466.483.13$137,565
May 20251,6386,41460.553.23$119,913
Apr 20251,1585,19062.363.54$90,602
Mar 20252,48410,25067.704.27$211,917
Feb 20251,0613,08370.884.34$88,586
Jan 20251,2994,37874.324.28$115,274
Dec 20249044,07768.993.12$75,093
Nov 202412452669.052.20$9,719
Oct 20243111,25871.372.28$25,066
Sep 20244541,78269.612.36$35,816
Aug 202426875975.632.06$21,835
Jul 20243851,25879.932.15$33,473
Jun 20245571,52078.082.63$47,494
May 202433185778.812.20$27,970
Apr 20243651,33684.451.66$33,041
Mar 2024793,56780.301.55$11,855
Feb 2024196076.091.78$14,914
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20236077.892.81$467
Oct 202316463085.443.09$15,957
Sep 20238294,80889.042.74$86,964
Aug 20233233,92480.522.67$36,496
Jul 20232,95422,77074.852.64$281,261
Jun 20232,29617,36268.962.26$197,544
May 20232,80221,78070.622.23$246,390
Apr 20232,56417,08478.122.24$238,530
Mar 20233,03523,27072.852.39$276,789
Feb 20232,33817,73275.112.47$219,329
Jan 20233,07622,01276.533.39$309,977
Dec 20221,75211,09376.415.73$197,423
Nov 20223,00521,86285.005.65$378,862
Oct 20223,38128,40387.185.86$461,304
Sep 20223,19927,38484.888.16$495,085
Aug 20223,59329,43294.529.13$608,241
Jul 20223,42533,213101.587.54$598,407
Jun 20223,52921,766115.097.98$579,784
May 20223,85736,361109.378.43$728,474
Apr 20223,83639,505104.226.84$669,907
Mar 20223,79739,036108.885.08$611,580
Feb 20223,03526,39291.054.86$404,571
Jan 20223,72936,96881.844.54$472,930
Dec 20214,15030,22671.323.90$413,833
Nov 20214,29629,89877.435.24$489,211
Oct 20214,67231,35179.795.71$551,914
Sep 20214,91130,54169.865.35$506,505
Aug 20215,22631,07666.024.22$476,180
Jul 20214,59332,50770.783.98$454,538
Jun 20214,79431,22069.493.38$438,678
May 20214,73131,89163.483.02$396,560
Apr 20215,02633,09560.362.76$394,659
Mar 20215,19634,71361.302.72$412,828
Feb 20214,38132,31957.805.55$432,526
Jan 20215,29034,65550.412.81$364,059
Dec 20205,84935,38044.642.68$355,757
Nov 20205,40035,08938.772.71$304,329
Oct 20205,63535,73836.972.48$296,900
Sep 20205,61234,87437.091.99$277,585
Aug 20206,02836,29939.982.39$327,576
Jul 20206,42135,41338.371.83$311,007
Jun 20206,27131,07534.901.69$271,384
May 20208,68547,07816.921.81$232,385
Apr 20207,36937,46714.751.80$176,297
Mar 20208,78640,44030.341.86$341,633
Feb 20204,35216,91649.881.98$250,583
Jan 20206,18126,32557.252.09$409,006
Dec 201910,22937,83159.012.30$690,790
Nov 20195,25524,56055.302.75$358,159
Oct 20198682,31553.472.42$52,011
Sep 20195,90721,94055.052.66$383,481
Aug 20196,38022,91253.112.30$391,639
Jul 20196,15621,59856.272.46$399,531
Jun 20196,24121,18352.782.49$382,171
May 20196,56024,79958.482.74$451,586
Apr 20196,30123,04862.632.75$458,030
Mar 20196,69923,84356.803.06$453,513
Feb 20196,01022,42650.852.79$368,227
Jan 20196,91523,63246.033.23$394,586
Dec 20187,60625,59246.594.19$461,477
Nov 20187,65727,40552.934.24$521,407
Oct 20187,08225,01361.443.40$520,114
Sep 20187,77526,26759.543.11$544,561
Aug 20183,38210,89559.403.07$234,301
Jul 20187,42444,32765.142.93$613,561
Jun 20187,69237,66460.183.08$578,794
May 20188,05828,18365.382.90$608,585
Apr 20189,90334,53363.842.90$732,381
Mar 201814,45850,72061.222.79$1,026,467
Feb 201812,63643,08361.782.77$899,825
Jan 201814,74648,87162.874.01$1,123,021
Dec 201715,32651,24957.272.92$1,027,445
Nov 201715,24850,00855.423.12$1,000,987
Oct 201715,25147,36349.292.98$893,038
Sep 201714,30143,17947.523.09$812,889
Aug 201720,99460,26745.373.00$1,133,564
Jul 201710,64928,73943.873.09$555,897
Jun 20179,54723,73642.493.09$478,932
May 20176,62020,27945.373.26$366,528
Apr 201711,51333,27647.933.21$658,687
Mar 201712,84141,05646.772.98$723,072
Feb 201713,16139,49750.452.95$780,591
Jan 201720,74954,13749.413.42$1,210,292
Dec 201623,13661,64748.763.72$1,357,613
Nov 201628,57177,90342.492.64$1,419,985
Oct 201633,06792,94546.193.09$1,814,589
Sep 201635,78897,81141.553.10$1,790,267
Aug 201632,66081,23541.442.92$1,590,989
Jul 20168932441.622.92$4,652

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                  279 bbl  × $106.41 =    $29,688
Casinghead gas     2,678 Mcf  × $  3.05 =     $8,157

────────────────────────────────────────────────────
Month total                                  $37,845

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/47936 is the state's own key, not one this site invented.