ELDER

Operated by SIGNAL OIL COMPANY, LLC (P-5 780323) 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 7114District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$1.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$32 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
OilDisposition32,871 bbl$1,041,569
Casinghead gasProduction24 Mcf$0
Total$1,041,569

24 Mcf of this lease's gas, across 16 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 20261490106.413.05$15,855
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 2025133058.593.93$7,792
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 2025124066.743.32$8,276
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 2025151067.704.27$10,223
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 2024125069.052.20$8,631
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 2024155078.082.63$12,102
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 2024161080.301.55$12,928
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 2023157085.443.09$13,414
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 2023168068.962.26$11,585
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 2023171072.852.39$12,457
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 2022148085.005.65$12,580
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 20221480101.587.54$15,034
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 20221740104.226.84$18,134
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 2016156036.561.99$5,703
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 2015180042.992.76$7,738
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 2015187042.892.93$8,020
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 201473086.164.05$6,290
Aug 20140089.394.04$0
Jul 2014160096.564.18$15,450
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 2013162088.853.74$14,394
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 200965032.814.63$2,133
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 2008640114.228.48$7,310
Jul 2008570131.0811.39$7,472
Jun 200800131.3313.03$0
May 2008730123.1711.57$8,991
Apr 2008740110.3110.45$8,163
Mar 200800101.909.66$0
Feb 2008107092.538.77$9,901
Jan 20080090.388.21$0
Dec 2007136088.337.30$12,013
Nov 20070091.677.29$0
Oct 2007155082.856.92$12,842
Sep 2007160075.846.24$12,134
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 200778062.007.55$4,836
May 200772058.747.85$4,229
Apr 200766059.617.81$3,934
Mar 2007147056.927.30$8,367
Feb 2007169055.108.22$9,312
Jan 20070050.306.73$0
Dec 200680056.656.92$4,532
Nov 200698054.207.62$5,312
Oct 2006160054.906.01$8,784
Sep 20060060.085.04$0
Aug 2006172068.717.34$11,818
Jul 200632069.376.34$2,220
Jun 200664066.286.38$4,242
May 2006144066.016.42$9,505
Apr 2006168064.397.36$10,818
Mar 2006175056.707.08$9,923
Feb 20060057.597.75$0
Jan 2006165060.598.93$9,997
Dec 20050054.9413.42$0
Nov 2005164054.6910.59$8,969
Oct 2005172058.3413.80$10,034
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 200572055.697.84$4,010
Jun 2005142052.337.38$7,431
May 2005153045.226.65$6,919
Apr 2005153049.207.36$7,528
Mar 2005155050.377.15$7,807
Feb 2005168045.226.31$7,597
Jan 2005211043.166.32$9,107
Dec 20040039.866.75$0
Nov 2004179045.286.33$8,105
Oct 2004179049.706.52$8,896
Sep 2004175043.245.28$7,567
Aug 200454042.375.55$2,288
Jul 2004170038.286.08$6,508
Jun 2004137036.106.43$4,946
May 2004164037.486.49$6,147
Apr 2004226034.475.86$7,790
Mar 2004181034.365.53$6,219
Feb 2004176032.455.51$5,711
Jan 2004177032.036.30$5,669
Dec 2003239030.266.30$7,232
Nov 2003179028.804.60$5,155
Oct 2003180028.174.76$5,071
Sep 2003349026.314.75$9,182
Aug 2003235029.765.13$6,994
Jul 2003178029.415.17$5,235
Jun 2003313028.565.98$8,939
May 2003509026.595.97$13,534
Apr 2003358026.675.41$9,548
Mar 2003440031.146.10$13,702
Feb 2003424033.487.93$14,196
Jan 2003543030.315.58$16,458
Dec 2002693026.914.85$18,649
Nov 2002350024.664.14$8,631
Oct 200299026.464.23$2,620
Sep 2002420027.443.64$11,525
Aug 2002158025.963.16$4,102
Jul 2002229024.583.06$5,629
Jun 20020023.733.34$0
May 2002147024.663.58$3,625
Apr 2002334023.653.51$7,899
Mar 2002185022.003.10$4,070
Feb 2002186018.222.38$3,389
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 200115024.262.25$364
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 2001174024.563.82$4,273
May 200168025.524.31$1,735
Apr 200168024.685.34$1,678
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 2001163027.478.40$4,478
Dec 20000026.889.12$0
Nov 2000178032.215.66$5,733
Oct 2000188031.235.15$5,871
Sep 2000367031.875.19$11,696
Aug 20000029.644.54$0
Jul 2000269028.534.09$7,675
Jun 200080029.304.40$2,344
May 20000027.263.68$0
Apr 2000177024.513.12$4,338
Mar 2000180028.422.86$5,116
Feb 2000188027.622.73$5,193
Jan 2000184025.272.48$4,650
Dec 1999192024.282.42$4,662
Nov 1999193023.192.43$4,476
Oct 1999195020.982.80$4,091
Sep 1999171021.752.62$3,719
Aug 1999250019.262.88$4,815
Jul 1999181017.892.37$3,238
Jun 1999194015.942.36$3,092
May 1999187015.792.32$2,953
Apr 1999190015.102.21$2,869
Mar 1999384012.471.84$4,788
Feb 199915509.981.82$1,547
Jan 1999190010.381.90$1,972
Dec 199837909.201.77$3,487
Nov 1998188010.892.19$2,047
Oct 1998364012.421.97$4,521
Sep 1998716012.592.08$9,014
Aug 19980011.301.91$0
Jul 1998185011.742.24$2,172
Jun 19980011.242.24$0
May 1998559012.622.21$7,055
Apr 1998578013.042.51$7,537
Mar 1998178012.802.31$2,278
Feb 1998501013.952.30$6,989
Jan 199876014.702.15$1,117
Dec 1997457016.322.41$7,458
Nov 1997432018.193.09$7,858
Oct 1997587019.253.15$11,300
Sep 1997698017.742.95$12,383
Aug 1997661017.862.55$11,805
Jul 19971,021017.582.25$17,949
Jun 1997414017.242.26$7,137
May 19971,071018.972.31$20,317
Apr 1997732017.882.08$13,088
Mar 1997497018.951.94$9,418
Feb 19972020.492.21$41
Jan 19970023.483.54$0
Dec 1996184023.32$4,291
Nov 19962021.97$44
Oct 19960023.31$0
Sep 199612022.22$267
Aug 199684020.26$1,702
Jul 19963019.55$59
Jun 199674018.73$1,386
May 19960019.43$0
Apr 199654021.51$1,162
Mar 19960019.38$0
Feb 19966016.98$102
Jan 1996183017.07$3,124
Dec 19954017.19$69
Nov 19953016.00$48
Oct 19951015.43$15
Sep 1995175016.18$2,832
Aug 19950015.92$0
Jul 199595015.24$1,448
Jun 1995135016.41$2,215
May 1995121017.56$2,125
Apr 199593017.73$1,649
Mar 1995169016.44$2,778
Feb 1995191016.58$3,167
Jan 199519015.92$302
Dec 199414015.03$210
Nov 19940015.90$0
Oct 199479015.58$1,231
Sep 19940115.29$0
Aug 19940116.13$0
Jul 199487217.56$1,528
Jun 19940117.09$0
May 1994178115.88$2,827
Apr 19940114.14$0
Mar 19943112.46$37
Feb 19944112.50$50
Jan 19940112.66$0
Dec 19930112.33$0
Nov 199316314.49$232
Oct 19937515.85$111
Sep 1993275215.03$4,133
Aug 19930015.66$0
Jul 19934015.46$62
Jun 19930016.79$0
May 19930017.68$0
Apr 19930018.05$0
Mar 19930118.14$0
Feb 19930117.90$0
Jan 19930116.93$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.

May 2026 — as filed, then multipliedworked
Oil                  149 bbl  × $106.41 =    $15,855
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $15,855

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/7114 is the state's own key, not one this site invented.