SCALING

Operated by ELEON OPERATORS, LLC (P-5 247722) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31041District 09Field 65280200OilCasinghead gasSaveExport
Value, all time
$1.2 M
Feb 2008 – Oct 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
177
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 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
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 2009-09-29.

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
OilDisposition9,448 bbl$639,073
Casinghead gasProduction102,863 Mcf$573,060
Total$1,212,133

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 33.7049, -98.0075. A lease has no coordinate of its own — that point is the mean of its wells, and they span 3.0 miles.

33.70490, -98.00745 · 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
6,890 ft
2 wells filed one
Completion to plug
12.8 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 6,649 and 7,131 ft, median 6,890 ft, over the 2 wells that filed a depth.

Completions filed
Dec 2007 – Dec 2008
2 of 2 wells
Plug dates filed
Oct 2020 – Sep 2021
2 of 2 wells

Last completion to plug: a median of 12.8 years across the 2 wells that filed both dates, with the middle half between 12.3 years and 13.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-0773060016,649 ftDec 2008Oct 2020Yes
42-0773131827,131 ftDec 2007Sep 2021Yes

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 (177)

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

177 months

Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 2015115043.433.10$4,994
Dec 201409854.693.59$352
Nov 201402370.464.25$98
Oct 201406478.303.90$250
Sep 201404586.164.05$182
Aug 201403289.394.04$129
Jul 20140896.564.18$33
Jun 201402098.164.74$95
May 201402094.734.73$95
Apr 201405095.944.81$240
Mar 201409495.895.06$475
Feb 2014011497.406.19$706
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 201301388.853.74$49
Oct 20130097.423.78$0
Sep 201317383104.113.72$18,320
Aug 2013094104.253.52$331
Jul 2013051102.523.72$190
Jun 201305894.403.93$228
May 2013017794.834.15$734
Apr 2013026593.964.28$1,135
Mar 2013036393.623.91$1,420
Feb 2013028291.233.42$964
Jan 2013017091.603.42$581
Dec 2012013686.773.42$465
Nov 201208686.953.62$312
Oct 2012012289.383.40$415
Sep 201218138194.672.92$18,247
Aug 2012058092.662.91$1,687
Jul 2012086885.133.02$2,622
Jun 2012061179.822.52$1,539
May 20120091.612.49$0
Apr 20120607101.652.00$1,212
Mar 20120703105.052.22$1,562
Feb 20120446101.102.57$1,146
Jan 2012063598.092.73$1,736
Dec 20110096.873.24$0
Nov 2011068995.723.31$2,281
Oct 201106684.983.65$241
Sep 201106383.623.99$251
Aug 201105783.404.15$237
Jul 201117239694.144.52$17,981
Jun 20110092.904.64$0
May 2011056098.134.40$2,467
Apr 20110564105.964.33$2,444
Mar 201111,71796.364.06$7,063
Feb 2011071185.644.18$2,972
Jan 2011026986.504.59$1,234
Dec 2010084985.734.35$3,691
Nov 2010086780.843.80$3,291
Oct 201017268378.103.51$15,830
Sep 201002,62472.633.98$10,442
Aug 201002,81173.684.42$12,423
Jul 201003,18172.554.74$15,067
Jun 20101752,64670.364.91$25,306
May 201002,21171.124.24$9,364
Apr 201002,03681.694.12$8,394
Mar 20101752,33878.394.39$23,979
Feb 201002,68673.585.44$14,618
Jan 201003,46974.365.96$20,689
Dec 20095755,93671.445.48$73,630
Nov 20098748,60574.593.75$97,473
Oct 20091,0502,72872.544.11$87,380
Sep 20098633,82065.543.06$68,268
Aug 20093473,68267.423.22$35,245
Jul 20096753,18061.133.46$52,280
Jun 20098645,34466.163.90$77,977
May 20091714,05054.743.93$25,260
Apr 20098651,74446.773.59$46,713
Mar 200917370942.144.06$10,168
Feb 2009351032.814.63$11,516
Jan 2009328035.865.37$11,762
Dec 2008172037.105.98$6,381
Nov 200801755.496.86$117
Oct 200816423975.246.92$13,994
Sep 2008170445101.767.88$20,805
Aug 20080756114.228.48$6,413
Jul 200801,118131.0811.39$12,733
Jun 200801,889131.3313.03$24,619
May 20081794,113123.1711.57$69,652
Apr 200805,454110.3110.45$57,021
Mar 20081146,915101.909.66$78,444
Feb 20083493,32792.538.77$61,473

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.

Jan 2015 — as filed, then multipliedworked
Oil                  115 bbl  × $ 43.43 =     $4,994
Casinghead gas         0 Mcf  × $  3.10 =         $0

────────────────────────────────────────────────────
Month total                                   $4,994

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/31041 is the state's own key, not one this site invented.