STATE ELBERT 7-8 UNIT

Operated by DIAMONDBACK E&P LLC (P-5 217012) in the HOEFS T-K (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 51655District 08Field 41911500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$111.4 M
Dec 2018 – May 2026
Value, last 12 filed months
$6.7 M
at the published price for each month
Months reported
90
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 612 leases and 960 wells, and the rule below applies to all of them.

Discovered
1988-02-06
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2019-12-17.

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: COMPLETION DATE DUE TO RECLASS USING HEPTANES PLUS ANNALYSIS.

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
OilDisposition1,559,356 bbl$91,833,881
Casinghead gasProduction5,284,977 Mcf$19,603,678
Total$111,437,559

Wells on this lease (3)

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 31.0340, -102.8448. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

31.03400, -102.84489 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
9,341 ft
3 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.
3100.0%

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 9,339 and 9,376 ft, median 9,341 ft, over the 3 wells that filed a depth.

Completions filed
Dec 2018 – Apr 2022
3 of 3 wells

3 wells

42-371400742WA9,376 ftApr 2022
42-371400753WA9,339 ftApr 2020
42-371397791WA9,341 ftDec 2018

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 (90)

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

90 months

May 20264,81745,737106.413.05$651,885
Apr 20265,03738,98898.932.87$610,195
Mar 20265,12840,47689.753.15$587,715
Feb 20264,96836,21463.503.75$451,282
Jan 20264,92739,61259.138.00$608,147
Dec 20255,75239,67556.664.41$501,008
Nov 20255,98245,91458.593.93$530,764
Oct 20256,06943,24959.383.30$503,308
Sep 20255,35937,92262.743.08$452,907
Aug 20255,90548,65463.933.01$524,187
Jul 20256,91448,75066.743.32$623,056
Jun 20257,37747,65966.483.13$639,535
May 20257,33342,78260.553.23$582,298
Apr 20256,24344,39062.363.54$546,593
Mar 20256,62235,02867.704.27$597,820
Feb 20256,61636,26670.884.34$626,367
Jan 20258,27241,40274.324.28$791,921
Dec 20248,23137,95068.993.12$686,313
Nov 20247,04243,33569.052.20$581,520
Oct 20248,97555,56871.372.28$767,319
Sep 20249,46258,23769.612.36$796,343
Aug 20247,82343,59975.632.06$681,626
Jul 20248,47047,65279.932.15$779,296
Jun 20248,46844,09978.082.63$777,337
May 20248,24139,24478.812.20$735,749
Apr 20245,02626,34784.451.66$468,161
Mar 20248,39750,03580.301.55$751,590
Feb 20248,93947,14276.091.78$764,253
Jan 20249,57352,61373.023.30$872,520
Dec 20238,73652,24671.262.61$758,927
Nov 20239,89944,00877.892.81$894,588
Oct 20237,14136,22885.443.09$721,973
Sep 20239,02049,15089.042.74$937,568
Aug 20239,35059,63580.522.67$912,259
Jul 20239,46757,73774.852.64$861,135
Jun 20239,80158,27168.962.26$807,481
May 202311,94467,25370.622.23$993,285
Apr 20238,10749,56478.122.24$744,231
Mar 20238,81275,41172.852.39$822,425
Feb 20239,85580,14275.112.47$937,814
Jan 202310,669100,20776.533.39$1,155,972
Dec 202212,911113,22076.415.73$1,635,176
Nov 202211,18074,89985.005.65$1,373,195
Oct 202212,14192,72787.185.86$1,602,181
Sep 202212,79089,84784.888.16$1,819,097
Aug 202213,65377,05794.529.13$1,993,793
Jul 20228,16049,936101.587.54$1,205,514
Jun 202213,07077,684115.097.98$2,123,927
May 202213,55573,700109.378.43$2,104,025
Apr 202214,60879,824104.226.84$2,068,250
Mar 202216,44678,652108.885.08$2,189,909
Feb 202211,97456,68591.054.86$1,365,656
Jan 202216,47987,76381.844.54$1,746,882
Dec 202116,49290,58671.323.90$1,529,415
Nov 202116,77992,79277.435.24$1,785,136
Oct 202118,77390,52779.795.71$2,015,157
Sep 202118,73986,28169.865.35$1,770,789
Aug 202120,80198,97466.024.22$1,791,011
Jul 202122,829100,54470.783.98$2,016,211
Jun 202121,62184,55769.493.38$1,788,298
May 202124,91691,01563.483.02$1,856,321
Apr 202126,00487,59560.362.76$1,811,225
Mar 202129,67291,50961.302.72$2,067,518
Feb 202124,60666,82357.805.55$1,792,957
Jan 202133,519104,59950.412.81$1,983,644
Dec 202037,178104,21144.642.68$1,938,438
Nov 202041,209109,69438.772.71$1,894,567
Oct 202054,794129,73936.972.48$2,347,283
Sep 202062,226101,36037.091.99$2,509,774
Aug 202046,65261,20539.982.39$2,011,127
Jul 202055,70368,70738.371.83$2,262,723
Jun 202064,81068,67734.901.69$2,377,954
May 202023,49723,90316.921.81$440,947
Apr 202033,87635,90014.751.80$564,448
Mar 202051065130.341.86$16,682
Feb 20209,78126,78649.881.98$540,931
Jan 202012,98134,18257.252.09$814,765
Dec 201914,26340,02459.012.30$933,889
Nov 201915,20038,42955.302.75$946,267
Oct 201917,05734,12153.472.42$994,561
Sep 201916,58731,30755.052.66$996,306
Aug 201920,91021,77853.112.30$1,160,714
Jul 201923,53817,97356.272.46$1,368,698
Jun 201927,07826,23752.782.49$1,494,538
May 201934,21942,99358.482.74$2,118,942
Apr 201941,62241,85862.632.75$2,721,925
Mar 201931,15242,36356.803.06$1,899,153
Feb 201944,92161,03150.852.79$2,454,645
Jan 201973,30180,30746.033.23$3,633,290
Dec 20189,80415,35446.594.19$521,032

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                4,817 bbl  × $106.41 =   $512,577
Casinghead gas    45,737 Mcf  × $  3.05 =   $139,308

────────────────────────────────────────────────────
Month total                                 $651,885

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/51655 is the state's own key, not one this site invented.