ELDER

Operated by JM INVESTMENTS, L.L.C. (P-5 427733) in the EASTLAND COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 118471District 7BField 27358001CondensateGasSaveExport
Value, all time
$277 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
condensate, 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 1,053 leases and 2,020 wells, and the rule below applies to all of them.

Discovered
1917-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
CondensateDisposition1,828 bbl$34,817
GasProduction68,263 Mcf$242,102
Total$276,919

13,796 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 32.4986, -98.7093. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.49858, -98.70930 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
3,470 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
00.0%
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.
1100.0%

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 3,470 ft.

Completions filed
Mar 1981
1 of 1 wells

1 well

42-1333271713,470 ftMar 1981

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 (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 202600106.413.05$0
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 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
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 202202108.885.08$10
Feb 20220291.054.86$10
Jan 20220281.844.54$9
Dec 20210171.323.90$4
Nov 20210277.435.24$10
Oct 20210179.795.71$6
Sep 20210169.865.35$5
Aug 20210166.024.22$4
Jul 20210170.783.98$4
Jun 20210169.493.38$3
May 20210263.483.02$6
Apr 20210260.362.76$6
Mar 20210061.302.72$0
Feb 20210257.805.55$11
Jan 20210250.412.81$6
Dec 20200244.642.68$5
Nov 20200238.772.71$5
Oct 20200236.972.48$5
Sep 20200037.091.99$0
Aug 20200239.982.39$5
Jul 20200238.371.83$4
Jun 20200234.901.69$3
May 20200216.921.81$4
Apr 20200214.751.80$4
Mar 20200230.341.86$4
Feb 20200249.881.98$4
Jan 20200257.252.09$4
Dec 20190259.012.30$5
Nov 20190255.302.75$6
Oct 20190253.472.42$5
Sep 20190255.052.66$5
Aug 20190253.112.30$5
Jul 20190256.272.46$5
Jun 20190252.782.49$5
May 20190258.482.74$5
Apr 20190262.632.75$6
Mar 20190256.803.06$6
Feb 20190250.852.79$6
Jan 20190246.033.23$6
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 20150249.822.71$5
Mar 20150042.892.93$0
Feb 201509244.662.98$274
Jan 201508043.433.10$248
Dec 2014579354.693.59$3,451
Nov 201409370.464.25$395
Oct 201409378.303.90$363
Sep 201408986.164.05$360
Aug 201408189.394.04$327
Jul 2014012096.564.18$502
Jun 2014011898.164.74$559
May 2014014094.734.73$662
Apr 2014018495.944.81$885
Mar 2014020195.895.06$1,016
Feb 2014018997.406.19$1,170
Jan 2014017690.404.86$855
Dec 2013017291.824.35$749
Nov 2013015288.853.74$568
Oct 2013017297.423.78$650
Sep 20130158104.113.72$587
Aug 20130135104.253.52$476
Jul 20130105102.523.72$390
Jun 2013012294.403.93$480
May 2013013594.834.15$560
Apr 201308693.964.28$368
Mar 2013020393.623.91$794
Feb 2013010691.233.42$363
Jan 2013012391.603.42$421
Dec 201209986.773.42$339
Nov 201209486.953.62$341
Oct 2012010389.383.40$350
Sep 2012010094.672.92$292
Aug 2012010292.662.91$297
Jul 2012010785.133.02$323
Jun 201209779.822.52$244
May 2012010391.612.49$256
Apr 20120111101.652.00$222
Mar 20120119105.052.22$264
Feb 20120110101.102.57$283
Jan 2012011898.092.73$323
Dec 2011012596.873.24$405
Nov 2011016695.723.31$550
Oct 2011010384.983.65$376
Sep 2011010783.623.99$426
Aug 2011012283.404.15$506
Jul 2011013194.144.52$592
Jun 2011013792.904.64$636
May 2011015998.134.40$700
Apr 20110203105.964.33$880
Mar 2011028096.364.06$1,136
Feb 2011020985.644.18$874
Jan 2011017786.504.59$812
Dec 2010018085.734.35$783
Nov 2010015280.843.80$577
Oct 2010015578.103.51$544
Sep 2010014172.633.98$561
Aug 2010014673.684.42$645
Jul 2010016072.554.74$758
Jun 2010026870.364.91$1,316
May 2010041871.124.24$1,770
Apr 2010048781.694.12$2,008
Mar 2010027178.394.39$1,189
Feb 2010027773.585.44$1,508
Jan 2010016474.365.96$978
Dec 2009014971.445.48$817
Nov 2009015174.593.75$566
Oct 2009015472.544.11$633
Sep 2009014565.543.06$444
Aug 2009018267.423.22$586
Jul 2009022661.133.46$783
Jun 2009018966.163.90$736
May 2009018554.743.93$726
Apr 2009033946.773.59$1,216
Mar 2009029842.144.06$1,210
Feb 2009028532.814.63$1,320
Jan 2009035135.865.37$1,885
Dec 2008040837.105.98$2,439
Nov 2008015555.496.86$1,063
Oct 2008017175.246.92$1,184
Sep 20080134101.767.88$1,056
Aug 20080231114.228.48$1,960
Jul 2008081131.0811.39$923
Jun 2008081131.3313.03$1,056
May 20080199123.1711.57$2,303
Apr 20080132110.3110.45$1,380
Mar 20080131101.909.66$1,266
Feb 2008014792.538.77$1,289
Jan 2008015990.388.21$1,305
Dec 2007018088.337.30$1,314
Nov 2007012391.677.29$897
Oct 2007014382.856.92$990
Sep 2007012575.846.24$781
Aug 2007013969.066.39$888
Jul 2007014970.906.39$952
Jun 2007015162.007.55$1,140
May 2007021158.747.85$1,656
Apr 2007043059.617.81$3,356
Mar 2007056756.927.30$4,140
Feb 2007040555.108.22$3,327
Jan 2007022950.306.73$1,540
Dec 2006015656.656.92$1,079
Nov 2006014054.207.62$1,066
Oct 2006013954.906.01$836
Sep 2006012860.085.04$645
Aug 2006013168.717.34$962
Jul 2006014869.376.34$939
Jun 2006015066.286.38$958
May 2006017566.016.42$1,124
Apr 2006017464.397.36$1,281
Mar 2006019156.707.08$1,353
Feb 2006018957.597.75$1,465
Jan 2006018060.598.93$1,608
Dec 2005028054.9413.42$3,756
Nov 2005032054.6910.59$3,388
Oct 2005030558.3413.80$4,208
Sep 2005021861.4512.08$2,633
Aug 2005033361.519.80$3,262
Jul 2005024055.697.84$1,882
Jun 2005024052.337.38$1,771
May 2005026445.226.65$1,756
Apr 2005025849.207.36$1,899
Mar 2005026750.377.15$1,910
Feb 2005023545.226.31$1,483
Jan 2005029843.166.32$1,884
Dec 2004026139.866.75$1,762
Nov 2004024445.286.33$1,545
Oct 2004024049.706.52$1,564
Sep 2004025543.245.28$1,347
Aug 2004034842.375.55$1,932
Jul 2004022538.286.08$1,369
Jun 2004022736.106.43$1,460
May 2004026537.486.49$1,721
Apr 2004026934.475.86$1,576
Mar 2004024034.365.53$1,327
Feb 2004025232.455.51$1,388
Jan 2004034332.036.30$2,161
Dec 2003028430.266.30$1,790
Nov 200306828.804.60$312
Oct 2003025228.174.76$1,199
Sep 2003020426.314.75$969
Aug 2003020029.765.13$1,026
Jul 2003020029.415.17$1,034
Jun 2003017828.565.98$1,065
May 2003022226.595.97$1,326
Apr 2003023626.675.41$1,276
Mar 2003027431.146.10$1,670
Feb 200302533.487.93$198
Jan 2003024530.315.58$1,368
Dec 2002026726.914.85$1,296
Nov 200215521724.664.14$4,720
Oct 2002024726.464.23$1,045
Sep 2002027227.443.64$989
Aug 2002028725.963.16$908
Jul 2002027824.583.06$851
Jun 2002025323.733.34$845
May 2002026824.663.58$961
Apr 2002027523.653.51$966
Mar 2002026722.003.10$828
Feb 2002022218.222.38$527
Jan 2002029417.172.38$698
Dec 2001032316.932.36$764
Nov 2001020118.072.41$484
Oct 2001028519.782.53$721
Sep 2001034024.262.25$765
Aug 2001025624.873.05$782
Jul 2001020623.933.20$659
Jun 200118317824.563.82$5,175
May 2001019225.524.31$827
Apr 2001018124.685.34$966
Mar 2001018624.545.38$1,000
Feb 2001018327.755.77$1,055
Jan 2001020627.478.40$1,730
Dec 2000012026.889.12$1,095
Nov 2000016432.215.66$928
Oct 2000047931.235.15$2,465
Sep 2000051631.875.19$2,676
Aug 2000052629.644.54$2,388
Jul 2000056128.534.09$2,294
Jun 2000049929.304.40$2,194
May 2000048827.263.68$1,796
Apr 2000044924.513.12$1,399
Mar 2000046228.422.86$1,321
Feb 200017143427.622.73$5,906
Jan 2000047625.272.48$1,181
Dec 1999048724.282.42$1,180
Nov 1999047823.192.43$1,163
Oct 1999049220.982.80$1,379
Sep 1999153321.752.62$1,418
Aug 1999057819.262.88$1,662
Jul 1999055217.892.37$1,310
Jun 199916951715.942.36$3,915
May 1999151615.792.32$1,213
Apr 1999049615.102.21$1,095
Mar 1999050112.471.84$921
Feb 19991694519.981.82$2,506
Jan 1999051210.381.90$973
Dec 199814879.201.77$873
Nov 1998149210.892.19$1,086
Oct 1998051812.421.97$1,020
Sep 19983651612.592.08$1,528
Aug 199817353411.301.91$2,973
Jul 1998054911.742.24$1,228
Jun 1998054111.242.24$1,210
May 1998055412.622.21$1,222
Apr 1998054213.042.51$1,358
Mar 1998064612.802.31$1,492
Feb 1998146113.952.30$1,074
Jan 1998041714.702.15$899
Dec 1997040016.322.41$964
Nov 1997038218.193.09$1,180
Oct 199717445319.253.15$4,776
Sep 1997045417.742.95$1,342
Aug 1997046817.862.55$1,196
Jul 1997028717.582.25$645
Jun 1997012817.242.26$289
May 1997015518.972.31$358
Apr 1997013417.882.08$279
Mar 1997015818.951.94$306
Feb 1997012720.492.21$280
Jan 1997015323.483.54$542
Dec 1996014323.32$0
Nov 1996016521.97$0
Oct 1996017923.31$0
Sep 1996017822.22$0
Aug 1996016820.26$0
Jul 1996020519.55$0
Jun 1996020618.73$0
May 1996019419.43$0
Apr 1996016421.51$0
Mar 1996015119.38$0
Feb 1996011616.98$0
Jan 199618213617.07$3,107
Dec 1995014317.19$0
Nov 199506316.00$0
Oct 1995015015.43$0
Sep 1995010516.18$0
Aug 1995011915.92$0
Jul 1995017415.24$0
Jun 1995011916.41$0
May 1995010717.56$0
Apr 1995013017.73$0
Mar 1995013116.44$0
Feb 1995022916.58$0
Jan 1995051915.92$0
Dec 1994028815.03$0
Nov 1994032015.90$0
Oct 1994032115.58$0
Sep 1994035115.29$0
Aug 1994033016.13$0
Jul 1994030717.56$0
Jun 1994038717.09$0
May 1994040315.88$0
Apr 1994043014.14$0
Mar 1994046212.46$0
Feb 1994035312.50$0
Jan 1994042612.66$0
Dec 199318334212.33$2,256
Nov 1993030614.49$0
Oct 1993040715.85$0
Sep 1993036915.03$0
Aug 1993039815.66$0
Jul 1993044815.46$0
Jun 1993048216.79$0
May 1993050617.68$0
Apr 199317148618.05$3,087
Mar 1993059818.14$0
Feb 1993052017.90$0
Jan 1993056216.93$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.

Mar 2022 — as filed, then multipliedworked
Condensate             0 bbl  × $108.88 =         $0
Gas                    2 Mcf  × $  5.08 =        $10

────────────────────────────────────────────────────
Month total                                      $10

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. 7B/G/118471 is the state's own key, not one this site invented.