ELKIN

Name: ELKIN lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by LEGACY RESERVES OPERATING LP (P-5 495445) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12396District 7CField 85279200NGPA filingOilCasinghead gasSave Export

Value, all time

$1.3 M

Jan 1993 – Sep 2017

Value, last 12 filed months

at the published price for each month

Months reported

297

no gaps in the span

Streams

oil, casinghead gas

The SPRABERRY (TREND AREA) field

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 7,461 leases and 22,481 wells, and the rule below applies to all of them.

Discovered

1904-12-31

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 80 acres. The field rule took effect on 2016-03-08.

The Commission's schedule remark for this field reads: “AREA) 85279200.”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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.

Stream	Basis	Volume	Value
Oil	Disposition	22,716 bbl	$648,934
Casinghead gas	Production	241,018 Mcf	$677,105
Total			$1,326,039

84,048 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 31.6416, -101.9433. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.64158, -101.94333 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

8,500 ft

1 wells filed one

Completion to plug

28.9 years

median over 1 well

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 8,500 ft.

Completions filed

Dec 1987

1 of 1 wells

Plug dates filed

Nov 2016

1 of 1 wells

Last completion to plug: a median of 28.9 years across the 1 well that filed both dates, with the middle half between 28.9 years and 28.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-46132700	1	8,500 ft	Dec 1987	Nov 2016	Yes

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 (297)

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

297 months


Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	149	0	55.21	2.96	$8,226
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	13	89.39	4.04	$52
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	172	0	98.16	4.74	$16,884
May 2014	0	18	94.73	4.73	$85
Apr 2014	0	422	95.94	4.81	$2,029
Mar 2014	0	444	95.89	5.06	$2,245
Feb 2014	0	385	97.40	6.19	$2,384
Jan 2014	0	397	90.40	4.86	$1,930
Dec 2013	0	368	91.82	4.35	$1,602
Nov 2013	173	423	88.85	3.74	$16,952
Oct 2013	0	443	97.42	3.78	$1,674
Sep 2013	0	358	104.11	3.72	$1,331
Aug 2013	0	395	104.25	3.52	$1,391
Jul 2013	0	425	102.52	3.72	$1,580
Jun 2013	0	373	94.40	3.93	$1,467
May 2013	0	415	94.83	4.15	$1,722
Apr 2013	173	388	93.96	4.28	$17,917
Mar 2013	0	425	93.62	3.91	$1,663
Feb 2013	0	403	91.23	3.42	$1,378
Jan 2013	0	431	91.60	3.42	$1,474
Dec 2012	0	367	86.77	3.42	$1,255
Nov 2012	0	412	86.95	3.62	$1,493
Oct 2012	177	237	89.38	3.40	$16,626
Sep 2012	0	384	94.67	2.92	$1,121
Aug 2012	0	467	92.66	2.91	$1,358
Jul 2012	0	417	85.13	3.02	$1,260
Jun 2012	0	241	79.82	2.52	$607
May 2012	0	373	91.61	2.49	$928
Apr 2012	0	494	101.65	2.00	$986
Mar 2012	173	507	105.05	2.22	$19,300
Feb 2012	0	435	101.10	2.57	$1,118
Jan 2012	0	440	98.09	2.73	$1,203
Dec 2011	0	406	96.87	3.24	$1,315
Nov 2011	0	433	95.72	3.31	$1,434
Oct 2011	166	520	84.98	3.65	$16,004
Sep 2011	0	487	83.62	3.99	$1,941
Aug 2011	0	501	83.40	4.15	$2,079
Jul 2011	0	475	94.14	4.52	$2,146
Jun 2011	0	477	92.90	4.64	$2,213
May 2011	0	358	98.13	4.40	$1,577
Apr 2011	0	511	105.96	4.33	$2,214
Mar 2011	0	395	96.36	4.06	$1,603
Feb 2011	0	426	85.64	4.18	$1,781
Jan 2011	0	522	86.50	4.59	$2,395
Dec 2010	0	333	85.73	4.35	$1,448
Nov 2010	0	363	80.84	3.80	$1,378
Oct 2010	171	536	78.10	3.51	$15,236
Sep 2010	0	518	72.63	3.98	$2,061
Aug 2010	0	540	73.68	4.42	$2,386
Jul 2010	0	513	72.55	4.74	$2,430
Jun 2010	0	535	70.36	4.91	$2,627
May 2010	28	555	71.12	4.24	$4,342
Apr 2010	167	338	81.69	4.12	$15,036
Mar 2010	0	543	78.39	4.39	$2,383
Feb 2010	0	486	73.58	5.44	$2,645
Jan 2010	0	588	74.36	5.96	$3,507
Dec 2009	0	623	71.44	5.48	$3,416
Nov 2009	170	632	74.59	3.75	$15,051
Oct 2009	0	923	72.54	4.11	$3,794
Sep 2009	0	941	65.54	3.06	$2,884
Aug 2009	0	881	67.42	3.22	$2,836
Jul 2009	0	803	61.13	3.46	$2,782
Jun 2009	171	806	66.16	3.90	$14,453
May 2009	0	603	54.74	3.93	$2,367
Apr 2009	0	579	46.77	3.59	$2,077
Mar 2009	0	596	42.14	4.06	$2,419
Feb 2009	0	521	32.81	4.63	$2,414
Jan 2009	171	564	35.86	5.37	$9,161
Dec 2008	0	570	37.10	5.98	$3,407
Nov 2008	0	535	55.49	6.86	$3,670
Oct 2008	0	590	75.24	6.92	$4,084
Sep 2008	183	576	101.76	7.88	$23,159
Aug 2008	0	605	114.22	8.48	$5,132
Jul 2008	0	625	131.08	11.39	$7,118
Jun 2008	0	504	131.33	13.03	$6,568
May 2008	170	611	123.17	11.57	$28,011
Apr 2008	0	598	110.31	10.45	$6,252
Mar 2008	0	620	101.90	9.66	$5,992
Feb 2008	0	582	92.53	8.77	$5,104
Jan 2008	0	631	90.38	8.21	$5,178
Dec 2007	179	573	88.33	7.30	$19,995
Nov 2007	0	615	91.67	7.29	$4,484
Oct 2007	0	655	82.85	6.92	$4,534
Sep 2007	0	645	75.84	6.24	$4,027
Aug 2007	176	676	69.06	6.39	$16,473
Jul 2007	0	663	70.90	6.39	$4,235
Jun 2007	0	631	62.00	7.55	$4,763
May 2007	0	648	58.74	7.85	$5,084
Apr 2007	165	631	59.61	7.81	$14,761
Mar 2007	0	655	56.92	7.30	$4,783
Feb 2007	0	588	55.10	8.22	$4,831
Jan 2007	162	649	50.30	6.73	$12,514
Dec 2006	0	661	56.65	6.92	$4,573
Nov 2006	0	618	54.20	7.62	$4,708
Oct 2006	0	493	54.90	6.01	$2,965
Sep 2006	179	569	60.08	5.04	$13,620
Aug 2006	0	680	68.71	7.34	$4,991
Jul 2006	0	704	69.37	6.34	$4,465
Jun 2006	177	680	66.28	6.38	$16,073
May 2006	0	733	66.01	6.42	$4,710
Apr 2006	0	694	64.39	7.36	$5,108
Mar 2006	183	658	56.70	7.08	$15,037
Feb 2006	0	577	57.59	7.75	$4,472
Jan 2006	0	438	60.59	8.93	$3,913
Dec 2005	0	364	54.94	13.42	$4,883
Nov 2005	342	600	54.69	10.59	$25,057
Oct 2005	0	646	58.34	13.80	$8,912
Sep 2005	0	196	61.45	12.08	$2,367
Aug 2005	0	27	61.51	9.80	$265
Jul 2005	1	394	55.69	7.84	$3,146
Jun 2005	0	421	52.33	7.38	$3,107
May 2005	0	428	45.22	6.65	$2,847
Apr 2005	0	584	49.20	7.36	$4,299
Mar 2005	0	646	50.37	7.15	$4,622
Feb 2005	0	357	45.22	6.31	$2,253
Jan 2005	0	306	43.16	6.32	$1,935
Dec 2004	0	199	39.86	6.75	$1,343
Nov 2004	0	607	45.28	6.33	$3,843
Oct 2004	178	613	49.70	6.52	$12,840
Sep 2004	0	603	43.24	5.28	$3,186
Aug 2004	0	646	42.37	5.55	$3,586
Jul 2004	0	906	38.28	6.08	$5,512
Jun 2004	0	619	36.10	6.43	$3,982
May 2004	164	846	37.48	6.49	$11,641
Apr 2004	0	772	34.47	5.86	$4,523
Mar 2004	181	857	34.36	5.53	$10,958
Feb 2004	0	792	32.45	5.51	$4,364
Jan 2004	0	866	32.03	6.30	$5,455
Dec 2003	179	803	30.26	6.30	$10,477
Nov 2003	0	713	28.80	4.60	$3,276
Oct 2003	181	703	28.17	4.76	$8,445
Sep 2003	0	707	26.31	4.75	$3,358
Aug 2003	0	495	29.76	5.13	$2,539
Jul 2003	170	467	29.41	5.17	$7,414
Jun 2003	0	411	28.56	5.98	$2,459
May 2003	0	445	26.59	5.97	$2,658
Apr 2003	0	479	26.67	5.41	$2,590
Mar 2003	0	494	31.14	6.10	$3,011
Feb 2003	0	512	33.48	7.93	$4,058
Jan 2003	188	615	30.31	5.58	$9,131
Dec 2002	0	643	26.91	4.85	$3,121
Nov 2002	0	570	24.66	4.14	$2,358
Oct 2002	0	559	26.46	4.23	$2,364
Sep 2002	180	498	27.44	3.64	$6,750
Aug 2002	0	521	25.96	3.16	$1,649
Jul 2002	0	628	24.58	3.06	$1,923
Jun 2002	0	715	23.73	3.34	$2,387
May 2002	0	783	24.66	3.58	$2,806
Apr 2002	0	742	23.65	3.51	$2,606
Mar 2002	181	814	22.00	3.10	$6,508
Feb 2002	0	737	18.22	2.38	$1,751
Jan 2002	0	816	17.17	2.38	$1,939
Dec 2001	168	844	16.93	2.36	$4,840
Nov 2001	0	827	18.07	2.41	$1,989
Oct 2001	179	877	19.78	2.53	$5,758
Sep 2001	0	888	24.26	2.25	$1,999
Aug 2001	0	879	24.87	3.05	$2,684
Jul 2001	0	867	23.93	3.20	$2,772
Jun 2001	0	878	24.56	3.82	$3,358
May 2001	173	892	25.52	4.31	$8,257
Apr 2001	0	958	24.68	5.34	$5,111
Mar 2001	0	802	24.54	5.38	$4,312
Feb 2001	168	896	27.75	5.77	$9,829
Jan 2001	0	999	27.47	8.40	$8,390
Dec 2000	0	1,025	26.88	9.12	$9,351
Nov 2000	170	1,032	32.21	5.66	$11,315
Oct 2000	0	1,070	31.23	5.15	$5,506
Sep 2000	167	1,052	31.87	5.19	$10,778
Aug 2000	0	1,083	29.64	4.54	$4,918
Jul 2000	0	1,097	28.53	4.09	$4,486
Jun 2000	169	1,057	29.30	4.40	$9,600
May 2000	0	1,114	27.26	3.68	$4,099
Apr 2000	0	1,091	24.51	3.12	$3,400
Mar 2000	172	1,153	28.42	2.86	$8,186
Feb 2000	0	1,103	27.62	2.73	$3,007
Jan 2000	168	921	25.27	2.48	$6,530
Dec 1999	0	1,071	24.28	2.42	$2,596
Nov 1999	0	1,157	23.19	2.43	$2,816
Oct 1999	167	1,179	20.98	2.80	$6,809
Sep 1999	0	1,197	21.75	2.62	$3,135
Aug 1999	161	1,279	19.26	2.88	$6,779
Jul 1999	0	1,253	17.89	2.37	$2,973
Jun 1999	170	1,230	15.94	2.36	$5,615
May 1999	0	962	15.79	2.32	$2,233
Apr 1999	168	1,259	15.10	2.21	$5,317
Mar 1999	0	1,352	12.47	1.84	$2,485
Feb 1999	176	1,224	9.98	1.82	$3,981
Jan 1999	1	1,304	10.38	1.90	$2,488
Dec 1998	180	1,368	9.20	1.77	$4,082
Nov 1998	1	1,342	10.89	2.19	$2,944
Oct 1998	328	1,391	12.42	1.97	$6,813
Sep 1998	170	1,366	12.59	2.08	$4,985
Aug 1998	0	1,440	11.30	1.91	$2,747
Jul 1998	0	1,498	11.74	2.24	$3,351
Jun 1998	2	1,460	11.24	2.24	$3,289
May 1998	0	1,408	12.62	2.21	$3,107
Apr 1998	172	1,452	13.04	2.51	$5,881
Mar 1998	172	1,475	12.80	2.31	$5,608
Feb 1998	1	1,349	13.95	2.30	$3,115
Jan 1998	165	1,537	14.70	2.15	$5,737
Dec 1997	168	1,430	16.32	2.41	$6,190
Nov 1997	169	1,524	18.19	3.09	$7,781
Oct 1997	0	1,613	19.25	3.15	$5,081
Sep 1997	168	1,588	17.74	2.95	$7,673
Aug 1997	168	2,003	17.86	2.55	$8,118
Jul 1997	162	1,889	17.58	2.25	$7,092
Jun 1997	0	1,534	17.24	2.26	$3,463
May 1997	163	1,679	18.97	2.31	$6,968
Apr 1997	0	1,759	17.88	2.08	$3,664
Mar 1997	165	1,911	18.95	1.94	$6,832
Feb 1997	167	1,658	20.49	2.21	$7,079
Jan 1997	160	1,947	23.48	3.54	$10,649
Dec 1996	179	1,980	23.32	—	$4,174
Nov 1996	182	2,043	21.97	—	$3,999
Oct 1996	169	2,108	23.31	—	$3,939
Sep 1996	171	2,056	22.22	—	$3,800
Aug 1996	0	2,111	20.26	—	$0
Jul 1996	165	2,144	19.55	—	$3,226
Jun 1996	343	2,128	18.73	—	$6,424
May 1996	175	2,269	19.43	—	$3,400
Apr 1996	172	2,210	21.51	—	$3,700
Mar 1996	338	1,971	19.38	—	$6,550
Feb 1996	171	1,455	16.98	—	$2,904
Jan 1996	175	1,584	17.07	—	$2,987
Dec 1995	175	1,653	17.19	—	$3,008
Nov 1995	172	1,647	16.00	—	$2,752
Oct 1995	171	1,743	15.43	—	$2,639
Sep 1995	168	1,682	16.18	—	$2,718
Aug 1995	328	1,891	15.92	—	$5,222
Jul 1995	168	1,872	15.24	—	$2,560
Jun 1995	340	1,866	16.41	—	$5,579
May 1995	164	1,852	17.56	—	$2,880
Apr 1995	171	1,499	17.73	—	$3,032
Mar 1995	172	1,649	16.44	—	$2,828
Feb 1995	169	1,519	16.58	—	$2,802
Jan 1995	328	1,817	15.92	—	$5,222
Dec 1994	331	1,813	15.03	—	$4,975
Nov 1994	169	1,776	15.90	—	$2,687
Oct 1994	340	1,795	15.58	—	$5,297
Sep 1994	338	1,655	15.29	—	$5,168
Aug 1994	167	1,780	16.13	—	$2,694
Jul 1994	337	1,774	17.56	—	$5,918
Jun 1994	167	1,690	17.09	—	$2,854
May 1994	330	1,728	15.88	—	$5,240
Apr 1994	338	1,699	14.14	—	$4,779
Mar 1994	334	1,830	12.46	—	$4,162
Feb 1994	336	1,565	12.50	—	$4,200
Jan 1994	325	1,754	12.66	—	$4,115
Dec 1993	340	2,136	12.33	—	$4,192
Nov 1993	504	2,165	14.49	—	$7,303
Oct 1993	331	1,600	15.85	—	$5,246
Sep 1993	180	1,353	15.03	—	$2,705
Aug 1993	361	1,291	15.66	—	$5,653
Jul 1993	170	1,368	15.46	—	$2,628
Jun 1993	338	1,478	16.79	—	$5,675
May 1993	371	1,478	17.68	—	$6,559
Apr 1993	175	1,148	18.05	—	$3,159
Mar 1993	342	1,451	18.14	—	$6,204
Feb 1993	314	1,467	17.90	—	$5,621
Jan 1993	374	1,505	16.93	—	$6,332

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 2015 — as filed, then multipliedworked

Oil                  149 bbl  × $ 55.21 =     $8,226
Casinghead gas         0 Mcf  × $  2.96 =         $0

────────────────────────────────────────────────────
Month total                                   $8,226

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. 7C/O/12396 is the state's own key, not one this site invented.