ELWOOD 16-21

Operated by PIONEER NATURAL RES. USA, INC. (P-5 665748) in the SPRABERRY (TREND AREA) R 40 EXC field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18778District 7CField 85279201OilCasinghead gasSaveExport
Value, all time
$26.7 M
Aug 2014 – May 2026
Value, last 12 filed months
$661 k
at the published price for each month
Months reported
142
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 721 leases and 1,413 wells, and the rule below applies to all of them.

Discovered
2013-12-18
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 2024-02-01.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 02/01/2024.

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
OilDisposition344,147 bbl$18,968,675
Casinghead gasProduction2,385,562 Mcf$7,752,063
Total$26,720,738

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 31.5925, -101.9826. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.59250, -101.98258 · 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
9,626 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 9,626 ft.

Completions filed
Aug 2014
1 of 1 wells

1 well

42-461394601HB9,626 ftAug 2014

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 (142)

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

142 months

May 20262358,279106.413.05$50,223
Apr 20261899,18098.932.87$45,042
Mar 20261512,04389.753.15$19,987
Feb 202622615,14263.503.75$71,138
Jan 20261727,15259.138.00$67,371
Dec 202524312,29956.664.41$68,048
Nov 20251137,42258.593.93$35,763
Oct 20254239,89959.383.30$57,832
Sep 202531312,58162.743.08$58,348
Aug 202511813,68563.933.01$48,801
Jul 202522812,48366.743.32$56,600
Jun 202557513,83866.483.13$81,521
May 202526814,72460.553.23$63,820
Apr 202530215,03462.363.54$72,100
Mar 202532714,09067.704.27$82,279
Feb 202537513,13270.884.34$83,584
Jan 202540915,86574.324.28$98,278
Dec 202438616,09968.993.12$76,881
Nov 202442014,72069.052.20$61,362
Oct 202439717,14571.372.28$67,448
Sep 202445218,96169.612.36$76,294
Aug 202436222,40575.632.06$73,614
Jul 202426414,86879.932.15$53,017
Jun 202426914,78078.082.63$59,934
May 20242106,77878.812.20$31,451
Apr 20242535,19584.451.66$29,985
Mar 202439816,14780.301.55$56,909
Feb 202431015,88876.091.78$51,926
Jan 202426215,36273.023.30$69,790
Dec 202322317,99271.262.61$62,863
Nov 202321819,77577.892.81$72,500
Oct 202336019,74985.443.09$91,729
Sep 202343321,25489.042.74$96,685
Aug 202336622,00880.522.67$88,295
Jul 202328021,49774.852.64$77,749
Jun 202337919,64868.962.26$70,510
May 202332015,13470.622.23$56,308
Apr 202321914,90078.122.24$50,451
Mar 202333617,40372.852.39$66,126
Feb 202319714,11875.112.47$49,607
Jan 202326619,22576.533.39$85,486
Dec 202228511,87576.415.73$89,810
Nov 202224313,90385.005.65$99,154
Oct 202236713,93487.185.86$113,701
Sep 202232914,67484.888.16$147,719
Aug 202239816,66194.529.13$189,687
Jul 202230819,164101.587.54$175,823
Jun 202240018,845115.097.98$196,366
May 202258813,891109.378.43$181,453
Apr 202269120,772104.226.84$214,047
Mar 202281319,959108.885.08$189,839
Feb 202253719,23791.054.86$142,363
Jan 202253321,28281.844.54$140,192
Dec 202152920,23571.323.90$116,627
Nov 202150322,23477.435.24$155,383
Oct 202146519,54279.795.71$148,763
Sep 202154021,55669.865.35$153,069
Aug 202154020,98166.024.22$124,203
Jul 202155222,10070.783.98$127,075
Jun 202155320,69369.493.38$108,383
May 202178821,74063.483.02$115,626
Apr 20211,41521,62560.362.76$145,060
Mar 20211,17925,70661.302.72$142,114
Feb 202144621,86157.805.55$147,063
Jan 20212325,39450.412.81$26,854
Dec 202064224,11344.642.68$93,172
Nov 202055027,04138.772.71$94,512
Oct 202058326,47236.972.48$87,163
Sep 202072227,53737.091.99$81,606
Aug 202085729,73639.982.39$105,186
Jul 202075227,06538.371.83$78,251
Jun 202086728,48534.901.69$78,407
May 20201,01230,43616.921.81$72,357
Apr 20201,59229,20814.751.80$76,184
Mar 20202,49323,44730.341.86$119,161
Feb 20201,11617,98849.881.98$91,294
Jan 20201,05226,72357.252.09$116,205
Dec 20191,12427,35659.012.30$129,365
Nov 20191,26627,21255.302.75$144,862
Oct 20191,26128,82653.472.42$137,143
Sep 20191,35029,07455.052.66$151,575
Aug 20191,48229,18453.112.30$145,959
Jul 20191,49127,95156.272.46$152,660
Jun 20191,57427,45052.782.49$151,459
May 20191,79829,02458.482.74$184,682
Apr 20191,80127,74562.632.75$189,115
Mar 20191,85326,10056.803.06$185,171
Feb 20192,06223,87250.852.79$171,509
Jan 20192,15124,97146.033.23$179,621
Dec 20182,19925,23446.594.19$208,067
Nov 20182,24523,46652.934.24$218,259
Oct 20182,87230,21761.443.40$279,135
Sep 20183,02128,58559.543.11$268,713
Aug 20183,55016,41459.403.07$261,205
Jul 20188471,30665.142.93$59,003
Jun 201843963660.183.08$28,376
May 20181,81817,41265.382.90$169,370
Apr 20183,24619,72463.842.90$264,440
Mar 20183,64818,79261.222.79$275,701
Feb 20183,61315,97561.782.77$267,400
Jan 20183,90212,87962.874.01$296,955
Dec 20174,0999,90857.272.92$263,696
Nov 20174,3087,19455.423.12$261,183
Oct 20174,2585,37149.292.98$225,902
Sep 20173,4031,69547.523.09$166,944
Aug 20172,9645,80045.373.00$151,902
Jul 20171,8102,76643.873.09$87,944
Jun 20171,42736642.493.09$61,763
May 2017133045.373.26$6,034
Apr 20173,05757347.933.21$148,362
Mar 20173,0188,39546.772.98$166,200
Feb 20172,78413,65050.452.95$180,756
Jan 20173,16012,59049.413.42$199,178
Dec 20163,6687,02448.763.72$205,001
Nov 20163,3865,87542.492.64$159,407
Oct 20163,6208,49746.193.09$193,466
Sep 20164,1829,55741.553.10$203,395
Aug 20162,9783,93641.442.92$134,919
Jul 20162,5473,45241.622.92$116,101
Jun 20164,0483,99345.352.69$194,301
May 20161553,70942.521.99$13,975
Apr 20164,96517,36936.561.99$216,103
Mar 20166,02218,06933.011.79$231,202
Feb 20165,26212,72626.472.06$165,547
Jan 20165,98016,51927.352.36$202,610
Dec 20155,72520,80332.362.00$226,896
Nov 20156,33218,59438.792.17$285,918
Oct 20158,70620,58243.552.43$429,090
Sep 20157,04918,81342.992.76$354,931
Aug 20157,46520,14140.162.87$357,649
Jul 20156,4159,73148.152.95$337,541
Jun 20158,53418,37256.152.88$532,148
May 20158,97820,01955.212.96$554,841
Apr 201510,10122,57349.822.71$564,327
Mar 201510,32412,00642.892.93$478,030
Feb 20155,6506,29444.662.98$271,061
Jan 201513,32420,74743.433.10$642,990
Dec 201413,27919,31254.693.59$795,585
Nov 201416,76021,70970.464.25$1,273,213
Oct 201419,25224,26578.303.90$1,602,088
Sep 201426,68729,14886.164.05$2,417,268
Aug 20140089.394.04$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                  235 bbl  × $106.41 =    $25,006
Casinghead gas     8,279 Mcf  × $  3.05 =    $25,217

────────────────────────────────────────────────────
Month total                                  $50,223

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/18778 is the state's own key, not one this site invented.