ELKIN "A"

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 12588District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$1.3 M
Jan 1993 – Sep 2017
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
297
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 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.

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
OilDisposition31,540 bbl$784,733
Casinghead gasProduction202,831 Mcf$537,845
Total$1,322,578

77,372 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 31.6449, -101.9454. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.64489, -101.94545 · 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
8,500 ft
1 wells filed one
Completion to plug
28.1 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 1988
1 of 1 wells
Plug dates filed
Jan 2017
1 of 1 wells

Last completion to plug: a median of 28.1 years across the 1 well that filed both dates, with the middle half between 28.1 years and 28.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4613285518,500 ftDec 1988Jan 2017Yes

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 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 2017178050.452.95$8,980
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 201602541.622.92$73
Jun 201603745.352.69$99
May 201603342.521.99$66
Apr 201602436.561.99$48
Mar 201602233.011.79$39
Feb 201603326.472.06$68
Jan 201603827.352.36$90
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 20150049.822.71$0
Mar 2015158042.892.93$6,777
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 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
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 201301191.824.35$48
Nov 20130888.853.74$30
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 201301394.834.15$54
Apr 20131712493.964.28$16,170
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 201207101.652.00$14
Mar 201217253105.052.22$18,186
Feb 2012066101.102.57$170
Jan 201205198.092.73$139
Dec 2011010996.873.24$353
Nov 201108995.723.31$295
Oct 2011010284.983.65$372
Sep 2011012983.623.99$514
Aug 2011013783.404.15$568
Jul 2011014394.144.52$646
Jun 2011013692.904.64$631
May 2011014598.134.40$639
Apr 20110139105.964.33$602
Mar 2011016196.364.06$653
Feb 201106185.644.18$255
Jan 2011022586.504.59$1,032
Dec 2010025785.734.35$1,117
Nov 201016726080.843.80$14,487
Oct 2010028678.103.51$1,004
Sep 2010028772.633.98$1,142
Aug 2010028873.684.42$1,273
Jul 2010026572.554.74$1,255
Jun 2010028770.364.91$1,409
May 201015426271.124.24$12,062
Apr 2010026481.694.12$1,088
Mar 2010027078.394.39$1,185
Feb 2010024173.585.44$1,312
Jan 2010027874.365.96$1,658
Dec 200916825471.445.48$13,395
Nov 2009026174.593.75$979
Oct 2009020272.544.11$830
Sep 2009031565.543.06$965
Aug 2009034967.423.22$1,123
Jul 200916835861.133.46$11,510
Jun 2009036066.163.90$1,402
May 2009040554.743.93$1,590
Apr 2009038746.773.59$1,388
Mar 20091394342.144.06$6,032
Feb 20090032.814.63$0
Jan 2009016135.865.37$865
Dec 2008038637.105.98$2,307
Nov 2008014255.496.86$974
Oct 2008037375.246.92$2,582
Sep 2008178359101.767.88$20,941
Aug 20080392114.228.48$3,325
Jul 20080396131.0811.39$4,510
Jun 20080383131.3313.03$4,992
May 2008173391123.1711.57$25,834
Apr 20080383110.3110.45$4,004
Mar 20080417101.909.66$4,030
Feb 2008044292.538.77$3,877
Jan 200817047690.388.21$19,271
Dec 2007049988.337.30$3,644
Nov 2007048891.677.29$3,558
Oct 200718548982.856.92$18,712
Sep 2007047775.846.24$2,978
Aug 2007049469.066.39$3,156
Jul 200717748370.906.39$15,635
Jun 2007043262.007.55$3,261
May 2007042258.747.85$3,311
Apr 2007042859.617.81$3,341
Mar 200718449056.927.30$14,051
Feb 2007043855.108.22$3,599
Jan 2007043350.306.73$2,913
Dec 2006049956.656.92$3,452
Nov 2006041854.207.62$3,184
Oct 2006032154.906.01$1,930
Sep 200616340460.085.04$11,828
Aug 2006043668.717.34$3,200
Jul 2006047069.376.34$2,981
Jun 200616045566.286.38$13,509
May 2006047266.016.42$3,033
Apr 2006045464.397.36$3,342
Mar 200616846956.707.08$12,847
Feb 2006042657.597.75$3,302
Jan 2006046360.598.93$4,136
Dec 200518546954.9413.42$16,456
Nov 200535448254.6910.59$24,464
Oct 2005046958.3413.80$6,470
Sep 2005052361.4512.08$6,317
Aug 2005055261.519.80$5,408
Jul 2005054455.697.84$4,267
Jun 2005048852.337.38$3,602
May 2005054745.226.65$3,638
Apr 2005055449.207.36$4,078
Mar 200533758850.377.15$21,182
Feb 2005054545.226.31$3,440
Jan 2005061543.166.32$3,888
Dec 2004062439.866.75$4,213
Nov 2004057545.286.33$3,640
Oct 2004062649.706.52$4,078
Sep 200418055043.245.28$10,689
Aug 2004055742.375.55$3,092
Jul 2004076238.286.08$4,636
Jun 200416565236.106.43$10,151
May 2004068337.486.49$4,436
Apr 2004057634.475.86$3,374
Mar 200418862134.365.53$9,894
Feb 2004059932.455.51$3,300
Jan 2004064732.036.30$4,076
Dec 200318464130.266.30$9,607
Nov 2003063628.804.60$2,923
Oct 200318063128.174.76$8,074
Sep 2003065226.314.75$3,097
Aug 2003067229.765.13$3,447
Jul 200318668329.415.17$9,002
Jun 2003068828.565.98$4,116
May 200318066526.595.97$8,758
Apr 2003071926.675.41$3,888
Mar 2003054031.146.10$3,292
Feb 2003062533.487.93$4,954
Jan 200318769930.315.58$9,570
Dec 200218570926.914.85$8,420
Nov 2002066824.664.14$2,763
Oct 2002054026.464.23$2,284
Sep 2002069227.443.64$2,516
Aug 200218278025.963.16$7,193
Jul 2002078824.583.06$2,413
Jun 200217977223.733.34$6,825
May 2002080524.663.58$2,885
Apr 200217476923.653.51$6,816
Mar 2002077822.003.10$2,414
Feb 2002063418.222.38$1,506
Jan 200218169217.172.38$4,752
Dec 2001075816.932.36$1,792
Nov 200117874618.072.41$5,011
Oct 200117779819.782.53$5,519
Sep 2001087324.262.25$1,965
Aug 200117989424.873.05$7,181
Jul 2001089023.933.20$2,845
Jun 200118686724.563.82$7,884
May 2001089425.524.31$3,851
Apr 200117586424.685.34$8,929
Mar 2001089624.545.38$4,817
Feb 200118077727.755.77$9,476
Jan 200117685227.478.40$11,990
Dec 2000087326.889.12$7,964
Nov 200017689332.215.66$10,722
Oct 200017895331.235.15$10,463
Sep 2000093731.875.19$4,860
Aug 200016998729.644.54$9,491
Jul 20001711,00428.534.09$8,985
Jun 200017494029.304.40$9,232
May 200001,03827.263.68$3,820
Apr 200018197924.513.12$7,487
Mar 20001631,01728.422.86$7,541
Feb 2000096427.622.73$2,628
Jan 20003461,04225.272.48$11,328
Dec 199901,10624.282.42$2,681
Nov 19991791,11923.192.43$6,875
Oct 19991751,18920.982.80$7,005
Sep 199901,20621.752.62$3,158
Aug 19991711,30719.262.88$7,052
Jul 19991941,31317.892.37$6,586
Jun 19991901,27215.942.36$6,033
May 199917688415.792.32$4,831
Apr 199901,14215.102.21$2,522
Mar 19991741,20012.471.84$4,376
Feb 19991671,1289.981.82$3,717
Jan 19991701,17410.381.90$3,995
Dec 19981811,2199.201.77$3,827
Nov 19981771,36610.892.19$4,913
Oct 19988891,39212.421.97$13,783
Sep 199801,42212.592.08$2,961
Aug 199801,39711.301.91$2,665
Jul 199801,54911.742.24$3,466
Jun 199801,36811.242.24$3,061
May 199801,42112.622.21$3,135
Apr 19981771,43613.042.51$5,906
Mar 19981731,42212.802.31$5,498
Feb 199834895113.952.30$7,041
Jan 199817280314.702.15$4,259
Dec 19971721,21216.322.41$5,729
Nov 19971701,19818.193.09$6,792
Oct 19971781,51319.253.15$8,192
Sep 19971711,78117.742.95$8,296
Aug 19971662,13817.862.55$8,427
Jul 19971661,85417.582.25$7,084
Jun 19971741,71317.242.26$6,866
May 19973371,74818.972.31$10,428
Apr 19971671,65917.882.08$6,441
Mar 19971681,68918.951.94$6,459
Feb 19971661,61320.492.21$6,959
Jan 19971661,73223.483.54$10,028
Dec 19963601,77723.32$8,395
Nov 19961841,77121.97$4,042
Oct 19963651,84123.31$8,508
Sep 19961761,87122.22$3,911
Aug 19961741,95320.26$3,525
Jul 19963612,10019.55$7,058
Jun 19963531,95218.73$6,612
May 19961712,02919.43$3,323
Apr 19961761,89721.51$3,786
Mar 19965191,94819.38$10,058
Feb 19961701,81416.98$2,887
Jan 19963481,80317.07$5,940
Dec 19953581,96417.19$6,154
Nov 19953491,76816.00$5,584
Oct 19953461,73315.43$5,339
Sep 19951731,84516.18$2,799
Aug 19955251,68015.92$8,358
Jul 19953411,63715.24$5,197
Jun 19953381,34916.41$5,547
May 19951741,34817.56$3,055
Apr 19953471,11717.73$6,152
Mar 19953471,32116.44$5,705
Feb 19951731,16016.58$2,868
Jan 19951751,29815.92$2,786
Dec 19943511,40515.03$5,276
Nov 19943431,35815.90$5,454
Oct 19942931,37915.58$4,565
Sep 19941701,34515.29$2,599
Aug 19943361,47516.13$5,420
Jul 19943421,79617.56$6,006
Jun 19943411,72017.09$5,828
May 19943391,74315.88$5,383
Apr 19943441,67814.14$4,864
Mar 19943431,60212.46$4,274
Feb 19945121,43712.50$6,400
Jan 19943451,63212.66$4,368
Dec 19935081,57212.33$6,264
Nov 19933411,43814.49$4,941
Oct 19935151,68415.85$8,163
Sep 19933431,69415.03$5,155
Aug 19933461,50015.66$5,418
Jul 19935491,62915.46$8,488
Jun 19933451,51216.79$5,793
May 19935541,55617.68$9,795
Apr 19933521,19518.05$6,354
Mar 19935451,31818.14$9,886
Feb 19933731,29217.90$6,677
Jan 19937241,43616.93$12,257

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.

Feb 2017 — as filed, then multipliedworked
Oil                  178 bbl  × $ 50.45 =     $8,980
Casinghead gas         0 Mcf  × $  2.95 =         $0

────────────────────────────────────────────────────
Month total                                   $8,980

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/12588 is the state's own key, not one this site invented.