ELBERT

Operated by CONOCOPHILLIPS COMPANY (P-5 172232) in the PANHANDLE, WEST field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 24834District 10Field 68831001GasSaveExport
Value, all time
$405 k
Jan 1993 – May 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
233
no gaps in the span
Streams
1
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 4,532 leases and 4,532 wells, and the rule below applies to all of them.

Discovered
1933-02-08
as the register files it
Field class
Gas
the register's own label
Between wells
660 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 2013-11-12.

The Commission's schedule remark for this field reads: IS HEREBY SUSPENDED.

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
GasProduction189,319 Mcf$405,273
Total$405,273

99,992 Mcf of this lease's gas, across 48 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 35.7273, -102.0445. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.72731, -102.04448 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
3,368 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
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 3,368 ft.

Plug dates filed
May 2012
1 of 1 wells

1 well

42-3410068313,368 ftMay 2012Yes

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 (233)

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

233 months

May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 201068273.684.42$3,014
Jul 201069172.554.74$3,273
Jun 20101,06270.364.91$5,215
May 201058971.124.24$2,495
Apr 201073281.694.12$3,018
Mar 201057578.394.39$2,523
Feb 2010073.585.44$0
Jan 201054174.365.96$3,227
Dec 200944971.445.48$2,462
Nov 200954674.593.75$2,048
Oct 200972972.544.11$2,996
Sep 200978565.543.06$2,406
Aug 200950567.423.22$1,625
Jul 200973361.133.46$2,539
Jun 200971966.163.90$2,801
May 200974354.743.93$2,917
Apr 200959246.773.59$2,124
Mar 200971742.144.06$2,910
Feb 200972232.814.63$3,345
Jan 200976735.865.37$4,120
Dec 20081,08837.105.98$6,503
Nov 200884855.496.86$5,818
Oct 200883675.246.92$5,787
Sep 20081,078101.767.88$8,492
Aug 2008191114.228.48$1,620
Jul 2008727131.0811.39$8,280
Jun 200832131.3313.03$417
May 200894123.1711.57$1,088
Apr 2008157110.3110.45$1,641
Mar 2008254101.909.66$2,455
Feb 200829392.538.77$2,570
Jan 200832490.388.21$2,659
Dec 200746488.337.30$3,388
Nov 200744791.677.29$3,259
Oct 200745882.856.92$3,170
Sep 200742875.846.24$2,673
Aug 200735269.066.39$2,249
Jul 200736570.906.39$2,332
Jun 200752762.007.55$3,978
May 200744758.747.85$3,507
Apr 200730859.617.81$2,404
Mar 200752656.927.30$3,841
Feb 200744155.108.22$3,623
Jan 200733450.306.73$2,247
Dec 200635956.656.92$2,484
Nov 200654054.207.62$4,113
Oct 200654854.906.01$3,296
Sep 200645660.085.04$2,297
Aug 200637468.717.34$2,745
Jul 200647069.376.34$2,981
Jun 200644066.286.38$2,809
May 200629866.016.42$1,915
Apr 200633264.397.36$2,444
Mar 200647356.707.08$3,350
Feb 200632757.597.75$2,535
Jan 200642160.598.93$3,761
Dec 200531754.9413.42$4,253
Nov 200540154.6910.59$4,246
Oct 200550858.3413.80$7,008
Sep 200514461.4512.08$1,739
Aug 200545661.519.80$4,467
Jul 200537055.697.84$2,902
Jun 200520152.337.38$1,484
May 200539145.226.65$2,601
Apr 200533449.207.36$2,458
Mar 20058550.377.15$608
Feb 200533045.226.31$2,083
Jan 200531243.166.32$1,973
Dec 200438039.866.75$2,565
Nov 200445645.286.33$2,887
Oct 200448749.706.52$3,173
Sep 200468543.245.28$3,619
Aug 200479342.375.55$4,402
Jul 200475638.286.08$4,600
Jun 200449236.106.43$3,165
May 200417137.486.49$1,111
Apr 200438934.475.86$2,279
Mar 200454934.365.53$3,036
Feb 200460532.455.51$3,333
Jan 200442432.036.30$2,671
Dec 200343730.266.30$2,754
Nov 200362928.804.60$2,890
Oct 200362528.174.76$2,975
Sep 200371726.314.75$3,405
Aug 200366829.765.13$3,427
Jul 200363429.415.17$3,278
Jun 200354428.565.98$3,255
May 200353626.595.97$3,201
Apr 200339026.675.41$2,109
Mar 200313831.146.10$841
Feb 200327333.487.93$2,164
Jan 200349430.315.58$2,758
Dec 200228126.914.85$1,364
Nov 200260124.664.14$2,486
Oct 200267726.464.23$2,863
Sep 200274527.443.64$2,708
Aug 200260225.963.16$1,905
Jul 200274924.583.06$2,293
Jun 200260423.733.34$2,016
May 200252824.663.58$1,892
Apr 200235723.653.51$1,254
Mar 200226222.003.10$813
Feb 200234718.222.38$824
Jan 200250017.172.38$1,188
Dec 200156116.932.36$1,326
Nov 200154518.072.41$1,311
Oct 200160619.782.53$1,533
Sep 200125924.262.25$583
Aug 200164124.873.05$1,957
Jul 200137823.933.20$1,209
Jun 200138724.563.82$1,480
May 20011625.524.31$69
Apr 200122624.685.34$1,206
Mar 200163824.545.38$3,430
Feb 200121327.755.77$1,228
Jan 20014927.478.40$412
Dec 200018226.889.12$1,660
Nov 200048832.215.66$2,761
Oct 200067631.235.15$3,478
Sep 200054531.875.19$2,827
Aug 200044229.644.54$2,007
Jul 200035328.534.09$1,444
Jun 2000629.304.40$26
May 20003827.263.68$140
Apr 200023224.513.12$723
Mar 200019528.422.86$558
Feb 200038927.622.73$1,061
Jan 200055025.272.48$1,364
Dec 199957124.282.42$1,384
Nov 199945223.192.43$1,100
Oct 199979220.982.80$2,221
Sep 199951721.752.62$1,354
Aug 199963419.262.88$1,823
Jul 19997217.892.37$171
Jun 199935015.942.36$827
May 199953415.792.32$1,239
Apr 199914115.102.21$311
Mar 199924312.471.84$447
Feb 19992149.981.82$389
Jan 199978310.381.90$1,488
Dec 19982989.201.77$528
Nov 199876710.892.19$1,676
Oct 199863112.421.97$1,243
Sep 199872712.592.08$1,514
Aug 19981,31211.301.91$2,502
Jul 19981,54511.742.24$3,457
Jun 199850611.242.24$1,132
May 199843912.622.21$969
Apr 19981,12613.042.51$2,821
Mar 19981,04612.802.31$2,416
Feb 19981,04313.952.30$2,398
Jan 19981,34914.702.15$2,907
Dec 199795616.322.41$2,305
Nov 19971,22518.193.09$3,783
Oct 199778519.253.15$2,473
Sep 19971,12017.742.95$3,309
Aug 19971,38817.862.55$3,546
Jul 19971,35417.582.25$3,042
Jun 19971,02017.242.26$2,302
May 19971,29018.972.31$2,978
Apr 199765517.882.08$1,364
Mar 19971,28018.951.94$2,482
Feb 19971,08820.492.21$2,400
Jan 19971,14923.483.54$4,067
Dec 19961,39823.32$0
Nov 19961,51721.97$0
Oct 19961,61023.31$0
Sep 19961,61122.22$0
Aug 19961,76020.26$0
Jul 19961,67119.55$0
Jun 19961,45618.73$0
May 19961,75419.43$0
Apr 19961,84621.51$0
Mar 19961,84719.38$0
Feb 19961,43116.98$0
Jan 19961,72517.07$0
Dec 19951,82517.19$0
Nov 19951,90716.00$0
Oct 19951,94915.43$0
Sep 19951,73516.18$0
Aug 19951,73715.92$0
Jul 19951,95115.24$0
Jun 19951,89016.41$0
May 19951,99317.56$0
Apr 19951,88717.73$0
Mar 19951,75316.44$0
Feb 19951,76816.58$0
Jan 19952,09215.92$0
Dec 19942,15115.03$0
Nov 19942,07115.90$0
Oct 19942,27515.58$0
Sep 19942,20215.29$0
Aug 19942,21616.13$0
Jul 19942,34217.56$0
Jun 19942,19717.09$0
May 19942,08615.88$0
Apr 19942,14314.14$0
Mar 19942,29112.46$0
Feb 19942,00812.50$0
Jan 19942,37912.66$0
Dec 19932,39412.33$0
Nov 19932,38014.49$0
Oct 19932,74615.85$0
Sep 19932,72615.03$0
Aug 19932,89615.66$0
Jul 19933,05515.46$0
Jun 19932,96916.79$0
May 19932,34917.68$0
Apr 19932,29618.05$0
Mar 19932,69318.14$0
Feb 19932,47817.90$0
Jan 19932,53616.93$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.

Aug 2010 — as filed, then multipliedworked
Gas                  682 Mcf  × $  4.42 =     $3,014

────────────────────────────────────────────────────
Month total                                   $3,014

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. 10/G/24834 is the state's own key, not one this site invented.