ELDER, W. W.

Operated by MIKEN OIL, INC. (P-5 566783) in the EAST TEXAS field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 6231District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$6.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$414 k
at the published price for each month
Months reported
401
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 2,264 leases and 17,267 wells, and the rule below applies to all of them.

Discovered
1930-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
330 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2015-01-27.

The Commission's schedule remark for this field reads: THIS ORDER TO BE CANCELLED

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
OilDisposition102,888 bbl$6,125,014
Casinghead gasProduction35 Mcf$0
Total$6,125,014

35 Mcf of this lease's gas, across 35 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.

Every month this lease reported (401)

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

401 months

May 20264760106.413.05$50,651
Apr 2026464098.932.87$45,904
Mar 2026483089.753.15$43,349
Feb 2026459063.503.75$29,147
Jan 2026522059.138.00$30,866
Dec 2025467056.664.41$26,460
Nov 2025514058.593.93$30,115
Oct 2025492059.383.30$29,215
Sep 2025450062.743.08$28,233
Aug 2025527063.933.01$33,691
Jul 2025494066.743.32$32,970
Jun 2025501066.483.13$33,306
May 2025536060.553.23$32,455
Apr 2025514062.363.54$32,053
Mar 2025456067.704.27$30,871
Feb 2025501070.884.34$35,511
Jan 2025502074.324.28$37,309
Dec 2024480068.993.12$33,115
Nov 2024500069.052.20$34,525
Oct 2024476071.372.28$33,972
Sep 2024473069.612.36$32,926
Aug 2024519075.632.06$39,252
Jul 2024346079.932.15$27,656
Jun 2024489078.082.63$38,181
May 2024491078.812.20$38,696
Apr 2024469084.451.66$39,607
Mar 2024430080.301.55$34,529
Feb 2024504076.091.78$38,349
Jan 2024489073.023.30$35,707
Dec 2023541071.262.61$38,552
Nov 2023354077.892.81$27,573
Oct 2023499085.443.09$42,635
Sep 2023505089.042.74$44,965
Aug 2023334080.522.67$26,894
Jul 2023538074.852.64$40,269
Jun 2023329068.962.26$22,688
May 2023478070.622.23$33,756
Apr 2023498078.122.24$38,904
Mar 2023510072.852.39$37,154
Feb 2023373075.112.47$28,016
Jan 2023551076.533.39$42,168
Dec 2022522076.415.73$39,886
Nov 2022327085.005.65$27,795
Oct 2022513087.185.86$44,723
Sep 2022333084.888.16$28,265
Aug 2022308094.529.13$29,112
Jul 20225160101.587.54$52,415
Jun 20225000115.097.98$57,545
May 20225160109.378.43$56,435
Apr 20224970104.226.84$51,797
Mar 20225160108.885.08$56,182
Feb 2022511091.054.86$46,527
Jan 2022496081.844.54$40,593
Dec 2021328071.323.90$23,393
Nov 2021165077.435.24$12,776
Oct 2021521079.795.71$41,571
Sep 2021507069.865.35$35,419
Aug 2021315066.024.22$20,796
Jul 2021287070.783.98$20,314
Jun 2021321069.493.38$22,306
May 2021175063.483.02$11,109
Apr 2021326060.362.76$19,677
Mar 2021343061.302.72$21,026
Feb 2021327057.805.55$18,901
Jan 2021341050.412.81$17,190
Dec 2020463044.642.68$20,668
Nov 2020503038.772.71$19,501
Oct 2020496036.972.48$18,337
Sep 2020375037.091.99$13,909
Aug 2020468039.982.39$18,711
Jul 2020636038.371.83$24,403
Jun 2020326034.901.69$11,377
May 2020482016.921.81$8,155
Apr 2020499014.751.80$7,360
Mar 2020489030.341.86$14,836
Feb 2020488049.881.98$24,341
Jan 2020487057.252.09$27,881
Dec 2019502059.012.30$29,623
Nov 2019634055.302.75$35,060
Oct 2019491053.472.42$26,254
Sep 2019486055.052.66$26,754
Aug 2019495053.112.30$26,289
Jul 2019650056.272.46$36,576
Jun 2019323052.782.49$17,048
May 2019330058.482.74$19,298
Apr 2019308062.632.75$19,290
Mar 2019321056.803.06$18,233
Feb 2019488050.852.79$24,815
Jan 2019503046.033.23$23,153
Dec 2018660046.594.19$30,749
Nov 2018662052.934.24$35,040
Oct 2018654061.443.40$40,182
Sep 2018654059.543.11$38,939
Aug 2018829059.403.07$49,243
Jul 2018671065.142.93$43,709
Jun 2018674060.183.08$40,561
May 2018633065.382.90$41,386
Apr 2018166063.842.90$10,597
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 2017159043.873.09$6,975
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 2017162049.413.42$8,004
Dec 20160048.763.72$0
Nov 2016160042.492.64$6,798
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 2016162041.622.92$6,742
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 2015481032.362.00$15,565
Nov 2015495038.792.17$19,201
Oct 2015308043.552.43$13,413
Sep 2015338042.992.76$14,531
Aug 2015167040.162.87$6,707
Jul 2015348048.152.95$16,756
Jun 2015176056.152.88$9,882
May 20150055.212.96$0
Apr 2015347049.822.71$17,288
Mar 2015178042.892.93$7,634
Feb 2015317044.662.98$14,157
Jan 2015508043.433.10$22,062
Dec 2014502054.693.59$27,454
Nov 2014352070.464.25$24,802
Oct 2014500078.303.90$39,150
Sep 2014346086.164.05$29,811
Aug 2014528089.394.04$47,198
Jul 2014320096.564.18$30,899
Jun 2014524098.164.74$51,436
May 2014525094.734.73$49,733
Apr 2014331095.944.81$31,756
Mar 2014340095.895.06$32,603
Feb 2014373097.406.19$36,330
Jan 2014170090.404.86$15,368
Dec 2013517091.824.35$47,471
Nov 2013496088.853.74$44,070
Oct 2013187097.423.78$18,218
Sep 20133490104.113.72$36,334
Aug 20135190104.253.52$54,106
Jul 20133450102.523.72$35,369
Jun 2013341094.403.93$32,190
May 2013364094.834.15$34,518
Apr 2013344093.964.28$32,322
Mar 2013169093.623.91$15,822
Feb 2013348091.233.42$31,748
Jan 2013374091.603.42$34,258
Dec 2012538086.773.42$46,682
Nov 2012318086.953.62$27,650
Oct 2012354089.383.40$31,641
Sep 2012339094.672.92$32,093
Aug 2012492092.662.91$45,589
Jul 2012167085.133.02$14,217
Jun 2012533079.822.52$42,544
May 2012345091.612.49$31,605
Apr 20125340101.652.00$54,281
Mar 20123520105.052.22$36,978
Feb 20123220101.102.57$32,554
Jan 2012524098.092.73$51,399
Dec 2011376096.873.24$36,423
Nov 2011345095.723.31$33,023
Oct 2011350084.983.65$29,743
Sep 2011509083.623.99$42,563
Aug 2011349083.404.15$29,107
Jul 2011521094.144.52$49,047
Jun 2011500092.904.64$46,450
May 2011164098.134.40$16,093
Apr 20113580105.964.33$37,934
Mar 20110096.364.06$0
Feb 2011162085.644.18$13,874
Jan 2011177086.504.59$15,311
Dec 20100085.734.35$0
Nov 2010172080.843.80$13,904
Oct 2010173078.103.51$13,511
Sep 20100072.633.98$0
Aug 2010165073.684.42$12,157
Jul 2010173072.554.74$12,551
Jun 2010169070.364.91$11,891
May 2010344071.124.24$24,465
Apr 20100081.694.12$0
Mar 2010179078.394.39$14,032
Feb 20100073.585.44$0
Jan 2010177074.365.96$13,162
Dec 2009171071.445.48$12,216
Nov 2009175074.593.75$13,053
Oct 20090072.544.11$0
Sep 2009171065.543.06$11,207
Aug 2009172067.423.22$11,596
Jul 20090061.133.46$0
Jun 2009168066.163.90$11,115
May 2009165054.743.93$9,032
Apr 20090046.773.59$0
Mar 2009164042.144.06$6,911
Feb 2009171032.814.63$5,611
Jan 20090035.865.37$0
Dec 2008377037.105.98$13,987
Nov 2008187055.496.86$10,377
Oct 2008179075.246.92$13,468
Sep 200800101.767.88$0
Aug 20083570114.228.48$40,777
Jul 20081710131.0811.39$22,415
Jun 20081790131.3313.03$23,508
May 20081690123.1711.57$20,816
Apr 20081900110.3110.45$20,959
Mar 20081580101.909.66$16,100
Feb 20080092.538.77$0
Jan 2008178090.388.21$16,088
Dec 2007190088.337.30$16,783
Nov 20070091.677.29$0
Oct 2007184082.856.92$15,244
Sep 2007187075.846.24$14,182
Aug 2007185069.066.39$12,776
Jul 2007183070.906.39$12,975
Jun 2007186062.007.55$11,532
May 2007179058.747.85$10,514
Apr 2007159059.617.81$9,478
Mar 2007156056.927.30$8,880
Feb 2007342055.108.22$18,844
Jan 2007190050.306.73$9,557
Dec 2006324056.656.92$18,355
Nov 2006340054.207.62$18,428
Oct 2006171054.906.01$9,388
Sep 2006134060.085.04$8,051
Aug 2006179068.717.34$12,299
Jul 2006339069.376.34$23,516
Jun 2006136066.286.38$9,014
May 2006164066.016.42$10,826
Apr 2006151064.397.36$9,723
Mar 2006181056.707.08$10,263
Feb 2006180057.597.75$10,366
Jan 2006185060.598.93$11,209
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 2005146052.337.38$7,640
May 2005140045.226.65$6,331
Apr 2005248049.207.36$12,202
Mar 2005180050.377.15$9,067
Feb 2005184045.226.31$8,320
Jan 20050043.166.32$0
Dec 2004195039.866.75$7,773
Nov 2004332045.286.33$15,033
Oct 2004370049.706.52$18,389
Sep 2004185043.245.28$7,999
Aug 2004185042.375.55$7,838
Jul 2004183038.286.08$7,005
Jun 2004182036.106.43$6,570
May 20040037.486.49$0
Apr 2004160034.475.86$5,515
Mar 20040034.365.53$0
Feb 2004156032.455.51$5,062
Jan 2004177032.036.30$5,669
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 2003135028.174.76$3,803
Sep 2003297026.314.75$7,814
Aug 2003368029.765.13$10,952
Jul 2003190029.415.17$5,588
Jun 2003185028.565.98$5,284
May 20030026.595.97$0
Apr 2003175026.675.41$4,667
Mar 2003182031.146.10$5,667
Feb 20030033.487.93$0
Jan 2003144030.315.58$4,365
Dec 200293026.914.85$2,503
Nov 2002102024.664.14$2,515
Oct 2002140026.464.23$3,704
Sep 2002186027.443.64$5,104
Aug 20020025.963.16$0
Jul 2002187024.583.06$4,596
Jun 20020023.733.34$0
May 2002175024.663.58$4,316
Apr 2002124023.653.51$2,933
Mar 2002124022.003.10$2,728
Feb 2002118018.222.38$2,150
Jan 2002113017.172.38$1,940
Dec 20010016.932.36$0
Nov 2001117018.072.41$2,114
Oct 20010019.782.53$0
Sep 2001222024.262.25$5,386
Aug 20010024.873.05$0
Jul 2001251023.933.20$6,006
Jun 20010024.563.82$0
May 2001168025.524.31$4,287
Apr 2001144024.685.34$3,554
Mar 2001374024.545.38$9,178
Feb 20010027.755.77$0
Jan 2001190027.478.40$5,219
Dec 2000152026.889.12$4,086
Nov 20000032.215.66$0
Oct 2000294031.235.15$9,182
Sep 20000031.875.19$0
Aug 2000160029.644.54$4,742
Jul 2000187028.534.09$5,335
Jun 20000029.304.40$0
May 2000147027.263.68$4,007
Apr 2000161024.513.12$3,946
Mar 2000181028.422.86$5,144
Feb 200096027.622.73$2,652
Jan 2000169025.272.48$4,271
Dec 1999160024.282.42$3,885
Nov 1999197023.192.43$4,568
Oct 1999238020.982.80$4,993
Sep 1999188021.752.62$4,089
Aug 1999194019.262.88$3,736
Jul 1999190017.892.37$3,399
Jun 1999155015.942.36$2,471
May 1999169015.792.32$2,669
Apr 1999229015.102.21$3,458
Mar 1999187012.471.84$2,332
Feb 199923309.981.82$2,325
Jan 1999181010.381.90$1,879
Dec 199818609.201.77$1,711
Nov 1998224010.892.19$2,439
Oct 1998188012.421.97$2,335
Sep 1998156012.592.08$1,964
Aug 1998199011.301.91$2,249
Jul 1998219011.742.24$2,571
Jun 1998249011.242.24$2,799
May 1998196012.622.21$2,474
Apr 1998270013.042.51$3,521
Mar 1998189012.802.31$2,419
Feb 1998189013.952.30$2,637
Jan 1998189014.702.15$2,778
Dec 1997223016.322.41$3,639
Nov 1997257018.193.09$4,675
Oct 1997191019.253.15$3,677
Sep 1997262017.742.95$4,648
Aug 1997182017.862.55$3,251
Jul 1997259017.582.25$4,553
Jun 1997183017.242.26$3,155
May 19970018.972.31$0
Apr 1997192017.882.08$3,433
Mar 1997188018.951.94$3,563
Feb 19970020.492.21$0
Jan 1997188023.483.54$4,414
Dec 1996177023.32$4,128
Nov 19960021.97$0
Oct 1996181023.31$4,219
Sep 1996193022.22$4,288
Aug 19960020.26$0
Jul 1996183019.55$3,578
Jun 1996194018.73$3,634
May 19960019.43$0
Apr 1996187021.51$4,022
Mar 1996190019.38$3,682
Feb 19960016.98$0
Jan 1996199017.07$3,397
Dec 1995193017.19$3,318
Nov 19950116.00$0
Oct 1995192115.43$2,963
Sep 19950116.18$0
Aug 1995177115.92$2,818
Jul 1995189115.24$2,880
Jun 1995183116.41$3,003
May 19950117.56$0
Apr 1995181117.73$3,209
Mar 1995183116.44$3,009
Feb 1995183116.58$3,034
Jan 1995182115.92$2,897
Dec 1994358115.03$5,381
Nov 1994179115.90$2,846
Oct 1994192115.58$2,991
Sep 1994190115.29$2,905
Aug 1994377116.13$6,081
Jul 1994190117.56$3,336
Jun 1994365117.09$6,238
May 1994190115.88$3,017
Apr 1994192114.14$2,715
Mar 1994379112.46$4,722
Feb 1994186112.50$2,325
Jan 1994192112.66$2,431
Dec 1993193112.33$2,380
Nov 1993179114.49$2,594
Oct 1993377115.85$5,975
Sep 1993160115.03$2,405
Aug 1993373115.66$5,841
Jul 1993380115.46$5,875
Jun 1993189116.79$3,173
May 1993192117.68$3,395
Apr 1993127118.05$2,292
Mar 1993354118.14$6,422
Feb 1993376117.90$6,730
Jan 1993188116.93$3,183

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                  476 bbl  × $106.41 =    $50,651
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $50,651

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. 6E/O/6231 is the state's own key, not one this site invented.