ELKIN "B"

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 12759District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$1.5 M
Jan 1993 – Sep 2017
Value, last 12 filed months
$5 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
OilDisposition37,614 bbl$934,775
Casinghead gasProduction320,393 Mcf$586,731
Total$1,521,505

162,381 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 (2)

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 31.6502, -101.9487. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.65024, -101.94866 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
8,600 ft
2 wells filed one
Completion to plug
18.3 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 8,600 and 8,600 ft, median 8,600 ft, over the 2 wells that filed a depth.

Completions filed
Nov 1989 – Apr 1990
2 of 2 wells
Plug dates filed
Jul 1999 – Jan 2017
2 of 2 wells

Last completion to plug: a median of 18.3 years across the 2 wells that filed both dates, with the middle half between 13.9 years and 22.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-4613301928,600 ftApr 1990Jan 2017Yes
42-4613294518,600 ftNov 1989Jul 1999Yes

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 2017106050.452.95$5,348
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 20160233.011.79$4
Feb 20160026.472.06$0
Jan 20160127.352.36$2
Dec 20150132.362.00$2
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 201502956.152.88$84
May 20150155.212.96$3
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 201501144.662.98$33
Jan 201502743.433.10$84
Dec 201402454.693.59$86
Nov 201404270.464.25$179
Oct 201404978.303.90$191
Sep 201405786.164.05$231
Aug 201406589.394.04$262
Jul 201406896.564.18$284
Jun 201406898.164.74$322
May 201407394.734.73$345
Apr 20141947895.944.81$18,987
Mar 2014010295.895.06$516
Feb 201409197.406.19$563
Jan 201407890.404.86$379
Dec 201302891.824.35$122
Nov 2013016788.853.74$624
Oct 201305197.423.78$193
Sep 201308104.113.72$30
Aug 2013013104.253.52$46
Jul 201307102.523.72$26
Jun 2013019194.403.93$751
May 2013020394.834.15$842
Apr 201316915893.964.28$16,556
Mar 201302193.623.91$82
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 201201186.773.42$38
Nov 20120886.953.62$29
Oct 201201389.383.40$44
Sep 20120594.672.92$15
Aug 20120392.662.91$9
Jul 20120885.133.02$24
Jun 20120579.822.52$13
May 20120191.612.49$2
Apr 2012058101.652.00$116
Mar 20120182105.052.22$404
Feb 20120136101.102.57$350
Jan 201217020898.092.73$17,244
Dec 2011036796.873.24$1,189
Nov 2011032895.723.31$1,086
Oct 2011044984.983.65$1,638
Sep 2011046183.623.99$1,837
Aug 201116545383.404.15$15,641
Jul 2011033294.144.52$1,500
Jun 2011021592.904.64$998
May 2011052398.134.40$2,304
Apr 20110426105.964.33$1,846
Mar 2011052996.364.06$2,146
Feb 2011043685.644.18$1,822
Jan 201116956586.504.59$17,211
Dec 2010055085.734.35$2,391
Nov 2010058480.843.80$2,216
Oct 201016561878.103.51$15,055
Sep 2010057472.633.98$2,284
Aug 2010054673.684.42$2,413
Jul 2010062972.554.74$2,979
Jun 201017061970.364.91$15,001
May 2010061171.124.24$2,588
Apr 2010045181.694.12$1,859
Mar 201017164878.394.39$16,249
Feb 2010062573.585.44$3,401
Jan 201017368074.365.96$16,920
Dec 2009070171.445.48$3,844
Nov 200917164874.593.75$15,186
Oct 2009069072.544.11$2,836
Sep 2009058465.543.06$1,790
Aug 200916857667.423.22$13,180
Jul 2009063461.133.46$2,196
Jun 2009063066.163.90$2,454
May 200918065954.743.93$12,440
Apr 2009049646.773.59$1,779
Mar 200918154142.144.06$9,823
Feb 2009044232.814.63$2,048
Jan 2009029035.865.37$1,558
Dec 200817859837.105.98$10,178
Nov 2008050555.496.86$3,464
Oct 200817657175.246.92$17,195
Sep 2008177224101.767.88$19,776
Aug 20080253114.228.48$2,146
Jul 20080357131.0811.39$4,066
Jun 20080336131.3313.03$4,379
May 2008173370123.1711.57$25,591
Apr 20080357110.3110.45$3,732
Mar 20080360101.909.66$3,479
Feb 2008035192.538.77$3,078
Jan 200818236590.388.21$19,444
Dec 2007037488.337.30$2,731
Nov 2007036591.677.29$2,661
Oct 200717438482.856.92$17,074
Sep 2007037775.846.24$2,354
Aug 2007034769.066.39$2,217
Jul 2007037270.906.39$2,376
Jun 2007037562.007.55$2,831
May 200717339458.747.85$13,253
Apr 2007039859.617.81$3,106
Mar 200717141656.927.30$12,771
Feb 2007034955.108.22$2,867
Jan 2007040050.306.73$2,691
Dec 200617742056.656.92$12,933
Nov 2006036454.207.62$2,773
Oct 2006043354.906.01$2,604
Sep 200616629560.085.04$11,459
Aug 2006041668.717.34$3,053
Jul 200617942269.376.34$15,094
Jun 2006041366.286.38$2,637
May 2006042766.016.42$2,743
Apr 200618743064.397.36$15,206
Mar 2006048656.707.08$3,442
Feb 200617652357.597.75$14,190
Jan 2006044960.598.93$4,011
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 200508152.337.38$598
May 2005020145.226.65$1,337
Apr 2005021549.207.36$1,583
Mar 2005024750.377.15$1,767
Feb 2005035745.226.31$2,253
Jan 200518341443.166.32$10,516
Dec 2004058539.866.75$3,949
Nov 2004053045.286.33$3,355
Oct 2004040449.706.52$2,632
Sep 20040043.245.28$0
Aug 200429249442.375.55$15,114
Jul 2004054238.286.08$3,298
Jun 2004040736.106.43$2,618
May 2004053437.486.49$3,468
Apr 200418253734.475.86$9,420
Mar 2004056534.365.53$3,125
Feb 2004051432.455.51$2,832
Jan 200417956532.036.30$9,293
Dec 2003056730.266.30$3,573
Nov 200318358828.804.60$7,972
Oct 2003062728.174.76$2,984
Sep 2003061426.314.75$2,916
Aug 200317551429.765.13$7,845
Jul 2003062229.415.17$3,216
Jun 200318559828.565.98$8,861
May 2003063326.595.97$3,781
Apr 2003061426.675.41$3,320
Mar 2003064031.146.10$3,901
Feb 200318558033.487.93$10,791
Jan 2003050330.315.58$2,808
Dec 2002064326.914.85$3,121
Nov 200218362924.664.14$7,115
Oct 2002065926.464.23$2,787
Sep 2002065527.443.64$2,381
Aug 200216965525.963.16$6,460
Jul 2002068824.583.06$2,106
Jun 200218167423.733.34$6,545
May 2002040924.663.58$1,466
Apr 2002051023.653.51$1,791
Mar 200216825622.003.10$4,490
Feb 2002026018.222.38$618
Jan 2002046017.172.38$1,093
Dec 200116644316.932.36$3,858
Nov 2001036218.072.41$871
Oct 200118151019.782.53$4,870
Sep 2001060524.262.25$1,362
Aug 2001066724.873.05$2,036
Jul 200117778923.933.20$6,758
Jun 2001082824.563.82$3,166
May 200118086025.524.31$8,298
Apr 2001084824.685.34$4,524
Mar 200117086024.545.38$8,796
Feb 2001073027.755.77$4,210
Jan 2001088827.478.40$7,458
Dec 200017097526.889.12$13,464
Nov 200017095332.215.66$10,868
Oct 200001,02431.235.15$5,269
Sep 2000099031.875.19$5,135
Aug 20001711,02229.644.54$9,709
Jul 200001,07028.534.09$4,376
Jun 20001631,02829.304.40$9,296
May 200001,13227.263.68$4,165
Apr 2000080624.513.12$2,512
Mar 20001711,11028.422.86$8,034
Feb 20001711,06427.622.73$7,624
Jan 200001,17825.272.48$2,922
Dec 19991741,16524.282.42$7,048
Nov 1999077923.192.43$1,896
Oct 199901,08120.982.80$3,031
Sep 19991801,21221.752.62$7,089
Aug 199901,07719.262.88$3,097
Jul 1999087817.892.37$2,083
Jun 1999096415.942.36$2,277
May 199917677715.792.32$4,582
Apr 199901,21115.102.21$2,674
Mar 19991781,56212.471.84$5,091
Feb 19991741,9819.981.82$5,338
Jan 19991792,38510.381.90$6,389
Dec 19983472,4949.201.77$7,615
Nov 19981682,46310.892.19$7,213
Oct 19987112,47012.421.97$13,695
Sep 19983402,52712.592.08$9,543
Aug 199802,69111.301.91$5,133
Jul 199802,81011.742.24$6,287
Jun 199802,55311.242.24$5,712
May 199802,63112.622.21$5,805
Apr 19983452,59013.042.51$10,988
Mar 19981752,69312.802.31$8,459
Feb 19981722,47413.952.30$8,087
Jan 19983362,65014.702.15$10,649
Dec 19971732,37416.322.41$8,547
Nov 19971662,70718.193.09$11,379
Oct 19973442,90819.253.15$15,782
Sep 19971722,85817.742.95$11,496
Aug 19973333,08017.862.55$13,816
Jul 19971683,02317.582.25$9,746
Jun 19971713,01817.242.26$9,760
May 19973323,06518.972.31$13,374
Apr 19971622,95317.882.08$9,047
Mar 19974943,01318.951.94$15,204
Feb 19971662,72120.492.21$9,404
Jan 19973322,90423.483.54$18,075
Dec 19963433,01723.32$7,999
Nov 19961712,96521.97$3,757
Oct 19963393,46423.31$7,902
Sep 19963403,20122.22$7,555
Aug 19963093,28920.26$6,260
Jul 19963343,41719.55$6,530
Jun 19963423,19218.73$6,406
May 19963483,47419.43$6,762
Apr 19961672,89321.51$3,592
Mar 19963513,32319.38$6,802
Feb 19963403,10316.98$5,773
Jan 19963393,23817.07$5,787
Dec 19953463,53217.19$5,948
Nov 19955153,48416.00$8,240
Oct 19953273,83715.43$5,046
Sep 19955083,76116.18$8,219
Aug 19953363,95715.92$5,349
Jul 19953314,05415.24$5,044
Jun 19955033,83016.41$8,254
May 19955034,20417.56$8,833
Apr 19953382,79017.73$5,993
Mar 19955093,04316.44$8,368
Feb 19953422,74316.58$5,670
Jan 19955083,25115.92$8,087
Dec 19945033,29815.03$7,560
Nov 19945033,32415.90$7,998
Oct 19943323,50215.58$5,173
Sep 19944953,28315.29$7,569
Aug 19944983,68516.13$8,033
Jul 19943323,86517.56$5,830
Jun 19943443,65517.09$5,879
May 19945013,82315.88$7,956
Apr 19945063,96014.14$7,155
Mar 19945103,17512.46$6,355
Feb 19948333,14012.50$10,413
Jan 19943183,61012.66$4,026
Dec 19936773,52012.33$8,347
Nov 19936633,54114.49$9,607
Oct 19936643,80815.85$10,524
Sep 19936703,78615.03$10,070
Aug 19935172,86815.66$8,096
Jul 19935363,19715.46$8,287
Jun 19935383,31416.79$9,033
May 19939003,22317.68$15,912
Apr 19933462,61318.05$6,245
Mar 19937143,16118.14$12,952
Feb 19937252,79117.90$12,978
Jan 19937363,17716.93$12,460

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                  106 bbl  × $ 50.45 =     $5,348
Casinghead gas         0 Mcf  × $  2.95 =         $0

────────────────────────────────────────────────────
Month total                                   $5,348

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/12759 is the state's own key, not one this site invented.