ELROD

Name: ELROD lease production and value, Feb 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BENNETT PRODUCTION CORPORATION (P-5 65315) in the PARK SPRINGS (CONGL.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 28493District 09Field 69175500OilCasinghead gasSave Export

Value, all time

$258 k

Feb 1993 – Mar 2008

Value, last 12 filed months

at the published price for each month

Months reported

182

no gaps in the span

Streams

oil, casinghead gas

The PARK SPRINGS (CONGL.) 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 198 leases and 217 wells, and the rule below applies to all of them.

Discovered

1950-06-01

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,320 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1975-04-01.

The Commission's schedule remark for this field reads: “RATE TO 2103 MCF/D EFFECTIVE 2/1/97”

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.

Stream	Basis	Volume	Value
Oil	Disposition	11,350 bbl	$206,638
Casinghead gas	Production	32,748 Mcf	$51,221
Total			$257,860

16,939 Mcf of this lease's gas, across 47 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 (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 33.5087, -97.8372. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.50871, -97.83721 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

1 of 1 wells

With a plug date

0.0%

0 of 1 wells

Median depth

6,249 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

1100.0%

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.

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

The one well that filed a depth was drilled to 6,249 ft.

Completions filed

Jan 2005

1 of 1 wells

1 well


42-33732917	1	6,249 ft	Jan 2005	—	Yes

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 (182)

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

182 months


Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	212	186	26.46	4.23	$6,396
Sep 2002	0	141	27.44	3.64	$513
Aug 2002	0	304	25.96	3.16	$962
Jul 2002	0	243	24.58	3.06	$744
Jun 2002	0	304	23.73	3.34	$1,015
May 2002	187	225	24.66	3.58	$5,418
Apr 2002	0	269	23.65	3.51	$945
Mar 2002	0	261	22.00	3.10	$810
Feb 2002	0	157	18.22	2.38	$373
Jan 2002	0	164	17.17	2.38	$390
Dec 2001	178	163	16.93	2.36	$3,399
Nov 2001	0	144	18.07	2.41	$346
Oct 2001	0	147	19.78	2.53	$372
Sep 2001	0	139	24.26	2.25	$313
Aug 2001	173	159	24.87	3.05	$4,788
Jul 2001	0	151	23.93	3.20	$483
Jun 2001	0	137	24.56	3.82	$524
May 2001	183	192	25.52	4.31	$5,497
Apr 2001	0	174	24.68	5.34	$928
Mar 2001	0	165	24.54	5.38	$887
Feb 2001	0	182	27.75	5.77	$1,050
Jan 2001	162	195	27.47	8.40	$6,088
Dec 2000	0	338	26.88	9.12	$3,083
Nov 2000	184	284	32.21	5.66	$7,534
Oct 2000	0	334	31.23	5.15	$1,719
Sep 2000	0	336	31.87	5.19	$1,743
Aug 2000	178	354	29.64	4.54	$6,883
Jul 2000	0	370	28.53	4.09	$1,513
Jun 2000	0	361	29.30	4.40	$1,587
May 2000	10	334	27.26	3.68	$1,502
Apr 2000	0	318	24.51	3.12	$991
Mar 2000	184	327	28.42	2.86	$6,164
Feb 2000	0	297	27.62	2.73	$810
Jan 2000	0	307	25.27	2.48	$762
Dec 1999	185	278	24.28	2.42	$5,166
Nov 1999	0	263	23.19	2.43	$640
Oct 1999	0	256	20.98	2.80	$718
Sep 1999	179	202	21.75	2.62	$4,422
Aug 1999	0	207	19.26	2.88	$595
Jul 1999	0	184	17.89	2.37	$437
Jun 1999	180	172	15.94	2.36	$3,275
May 1999	0	203	15.79	2.32	$471
Apr 1999	182	148	15.10	2.21	$3,075
Mar 1999	0	196	12.47	1.84	$360
Feb 1999	0	153	9.98	1.82	$278
Jan 1999	184	151	10.38	1.90	$2,197
Dec 1998	0	165	9.20	1.77	$293
Nov 1998	0	160	10.89	2.19	$350
Oct 1998	180	238	12.42	1.97	$2,704
Sep 1998	0	206	12.59	2.08	$429
Aug 1998	0	252	11.30	1.91	$481
Jul 1998	182	268	11.74	2.24	$2,736
Jun 1998	0	233	11.24	2.24	$521
May 1998	178	277	12.62	2.21	$2,858
Apr 1998	0	269	13.04	2.51	$674
Mar 1998	0	287	12.80	2.31	$663
Feb 1998	181	146	13.95	2.30	$2,861
Jan 1998	0	171	14.70	2.15	$368
Dec 1997	0	152	16.32	2.41	$366
Nov 1997	192	169	18.19	3.09	$4,014
Oct 1997	0	214	19.25	3.15	$674
Sep 1997	193	218	17.74	2.95	$4,068
Aug 1997	0	218	17.86	2.55	$557
Jul 1997	0	221	17.58	2.25	$497
Jun 1997	176	211	17.24	2.26	$3,511
May 1997	0	223	18.97	2.31	$515
Apr 1997	199	213	17.88	2.08	$4,002
Mar 1997	0	265	18.95	1.94	$514
Feb 1997	0	219	20.49	2.21	$483
Jan 1997	147	239	23.48	3.54	$4,298
Dec 1996	172	265	23.32	—	$4,011
Nov 1996	0	267	21.97	—	$0
Oct 1996	170	302	23.31	—	$3,963
Sep 1996	0	254	22.22	—	$0
Aug 1996	166	293	20.26	—	$3,363
Jul 1996	163	225	19.55	—	$3,187
Jun 1996	0	186	18.73	—	$0
May 1996	172	149	19.43	—	$3,342
Apr 1996	0	158	21.51	—	$0
Mar 1996	138	128	19.38	—	$2,674
Feb 1996	176	181	16.98	—	$2,988
Jan 1996	0	539	17.07	—	$0
Dec 1995	164	509	17.19	—	$2,819
Nov 1995	0	504	16.00	—	$0
Oct 1995	171	539	15.43	—	$2,639
Sep 1995	0	515	16.18	—	$0
Aug 1995	166	580	15.92	—	$2,643
Jul 1995	175	472	15.24	—	$2,667
Jun 1995	0	391	16.41	—	$0
May 1995	171	368	17.56	—	$3,003
Apr 1995	168	353	17.73	—	$2,979
Mar 1995	0	271	16.44	—	$0
Feb 1995	0	323	16.58	—	$0
Jan 1995	171	426	15.92	—	$2,722
Dec 1994	174	493	15.03	—	$2,615
Nov 1994	0	187	15.90	—	$0
Oct 1994	163	208	15.58	—	$2,540
Sep 1994	174	215	15.29	—	$2,660
Aug 1994	172	270	16.13	—	$2,774
Jul 1994	0	142	17.56	—	$0
Jun 1994	167	130	17.09	—	$2,854
May 1994	0	162	15.88	—	$0
Apr 1994	172	269	14.14	—	$2,432
Mar 1994	175	348	12.46	—	$2,181
Feb 1994	176	245	12.50	—	$2,200
Jan 1994	165	240	12.66	—	$2,089
Dec 1993	172	452	12.33	—	$2,121
Nov 1993	0	243	14.49	—	$0
Oct 1993	179	546	15.85	—	$2,837
Sep 1993	178	578	15.03	—	$2,675
Aug 1993	170	695	15.66	—	$2,662
Jul 1993	165	741	15.46	—	$2,551
Jun 1993	348	702	16.79	—	$5,843
May 1993	170	826	17.68	—	$3,006
Apr 1993	528	770	18.05	—	$9,530
Mar 1993	698	278	18.14	—	$12,662
Feb 1993	672	1	17.90	—	$12,029

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.

Oct 2002 — as filed, then multipliedworked

Oil                  212 bbl  × $ 26.46 =     $5,610
Casinghead gas       186 Mcf  × $  4.23 =       $787

────────────────────────────────────────────────────
Month total                                   $6,396

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. 09/O/28493 is the state's own key, not one this site invented.