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 19418District 7CField 85279201OilCasinghead gasSaveExport
Value, all time
$19.0 M
Jun 2016 – May 2026
Value, last 12 filed months
$352 k
at the published price for each month
Months reported
120
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
OilDisposition226,657 bbl$11,515,842
Casinghead gasProduction2,240,689 Mcf$7,474,897
Total$18,990,739

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 31.5920, -101.9848. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.59195, -101.98476 · 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
9,735 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 9,735 ft.

Completions filed
Jun 2016
1 of 1 wells

1 well

42-461402684403H9,735 ftJun 2016

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 (120)

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

120 months

May 202633519,429106.413.05$94,825
Apr 202637314,96598.932.87$79,846
Mar 20263648,05989.753.15$58,050
Feb 20262252,48763.503.75$23,615
Jan 20262111659.138.00$2,169
Dec 2025582,43056.664.41$14,011
Nov 2025523,35158.593.93$16,204
Oct 2025833,02759.383.30$14,932
Sep 2025682,10862.743.08$10,752
Aug 20251371,07663.933.01$12,002
Jul 20251201,69366.743.32$13,621
Jun 20251071,43266.483.13$11,594
May 2025491,51660.553.23$7,867
Apr 2025421,78962.363.54$8,958
Mar 2025536,39867.704.27$30,897
Feb 2025523,03770.884.34$16,869
Jan 2025551,97674.324.28$12,542
Dec 2024672,21468.993.12$11,533
Nov 2024681,60169.052.20$8,215
Oct 20241312,20871.372.28$14,387
Sep 20242173,13669.612.36$22,520
Aug 202415935375.632.06$12,754
Jul 202424379.932.15$252
Jun 2024888278.082.63$7,087
May 20243508,75678.812.20$46,833
Apr 20243778,19384.451.66$45,431
Mar 202431312,96080.301.55$45,159
Feb 202436715,08476.091.78$54,829
Jan 202439214,86473.023.30$77,640
Dec 202348216,41571.262.61$77,202
Nov 202343416,28677.892.81$79,528
Oct 202339116,65885.443.09$84,835
Sep 202333416,94889.042.74$76,093
Aug 202330615,46480.522.67$65,973
Jul 202335320,92774.852.64$81,707
Jun 202340420,36368.962.26$73,849
May 202350520,38570.622.23$81,069
Apr 202338319,95478.122.24$74,572
Mar 202345317,43372.852.39$74,721
Feb 202337314,85775.112.47$64,649
Jan 202343116,55976.533.39$89,082
Dec 202244017,02576.415.73$131,158
Nov 202240619,47185.005.65$144,447
Oct 202242920,43287.185.86$157,209
Sep 202241021,26084.888.16$208,361
Aug 202245622,10294.529.13$244,830
Jul 202253524,426101.587.54$238,568
Jun 202249122,001115.097.98$232,016
May 202236622,036109.378.43$225,860
Apr 202243319,099104.226.84$175,719
Mar 202247316,487108.885.08$135,195
Feb 202244914,47891.054.86$111,228
Jan 202244118,11681.844.54$118,296
Dec 202142218,14871.323.90$100,858
Nov 202145220,20477.435.24$140,804
Oct 202149226,08379.795.71$188,292
Sep 202160527,67169.865.35$190,331
Aug 202164330,58566.024.22$171,538
Jul 202161131,55770.783.98$168,909
Jun 202160630,93969.493.38$146,704
May 202162830,39063.483.02$131,572
Apr 202160129,45260.362.76$117,517
Mar 202179634,41061.302.72$142,285
Feb 202141028,53457.805.55$182,003
Jan 202161138,49650.412.81$138,985
Dec 202064740,42844.642.68$137,046
Nov 202076643,37138.772.71$147,084
Oct 202040625,42136.972.48$78,014
Sep 202063739,60137.091.99$102,474
Aug 202057135,35239.982.39$107,147
Jul 202057431,66438.371.83$79,815
Jun 202069634,95734.901.69$83,379
May 202082034,88416.921.81$77,180
Apr 202093730,24514.751.80$68,394
Mar 20201,04221,13830.341.86$70,851
Feb 202074018,35149.881.98$73,258
Jan 202091226,03557.252.09$106,749
Dec 20191,05225,41659.012.30$120,646
Nov 20191,24626,44455.302.75$141,643
Oct 20191,24826,94853.472.42$131,905
Sep 20191,37127,01055.052.66$147,247
Aug 20191,58628,29453.112.30$149,432
Jul 20191,59325,11456.272.46$151,420
Jun 20191,73823,70252.782.49$150,778
May 20191,97924,16658.482.74$181,954
Apr 20192,22223,66462.632.75$204,256
Mar 20192,30619,14456.803.06$189,602
Feb 20192,58314,08250.852.79$170,666
Jan 20192,2938,71446.033.23$133,677
Dec 20182,2598,19546.594.19$139,546
Nov 20182,3396,07652.934.24$149,549
Oct 20182,3674,47961.443.40$160,648
Sep 20182,0863,31459.543.11$134,500
Aug 20182,3072,32259.403.07$144,156
Jul 20181,53984165.142.93$102,716
Jun 2018805060.183.08$48,445
May 20186906,53565.382.90$64,069
Apr 20182,56729,77363.842.90$250,243
Mar 20182,92631,15761.222.79$265,959
Feb 20182,89929,01261.782.77$259,351
Jan 20183,38128,52462.874.01$326,925
Dec 20174,09034,72457.272.92$335,681
Nov 20174,73731,13755.423.12$359,621
Oct 20174,67912,93049.292.98$269,207
Sep 20173,8136,39647.523.09$200,940
Aug 20173,8064,30945.373.00$185,624
Jul 20172,2261,80343.873.09$103,221
Jun 20178671,16742.493.09$40,442
May 20171,6847,18545.373.26$99,851
Apr 20175,51128,26747.933.21$354,925
Mar 20175,00428,43146.772.98$318,866
Feb 20176,41136,43650.452.95$431,016
Jan 20177,74639,47149.413.42$517,673
Dec 20169,29547,94048.763.72$631,697
Nov 20169,30346,24042.492.64$517,559
Oct 201611,12147,90846.193.09$661,727
Sep 201613,22437,59441.553.10$666,022
Aug 201616,46228,39041.442.92$765,207
Jul 201620,31528,25741.622.92$928,143
Jun 201618,45327,69745.352.69$911,233

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                  335 bbl  × $106.41 =    $35,647
Casinghead gas    19,429 Mcf  × $  3.05 =    $59,178

────────────────────────────────────────────────────
Month total                                  $94,825

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/19418 is the state's own key, not one this site invented.