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FARMS, I. P.

Farms, I. P. is an oil lease in Brazoria County, Texas, operated by Elliott Oil & Gas Operating Co. in the Chocolate Bayou, S. (10700 Frio) field.

2 wells

3,372bbl oil, last 12 months−28% vs prior year
Operator
Elliott Oil & Gas Operating Co.
County
Brazoria County
Field
Chocolate Bayou, S. (10700 Frio)
RRC lease
03-21014

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Where it sits

This county

Brazoria CountyBrazoriaMatagordaGalvestonFort BendBrazoria County
Brazoria County
Gas, last 12 months
2,903 mcf
Oil in Jun 2024
259 bbl

Checks stopped on this lease?

  • Sales

    No sales reported for the last 12 months of state data (through Jul 2026).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output fell 28% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 28% over the last 12 monthsMonthly oil production and gas for FARMS, I. P., Jul 2021 to Jun 2024. Oil output fell 28% over the last 12 months. 3,372 bbl in the 12 months through Jun 2024, against 4,703 bbl in the 12 months before.Last 12 months: 3,372 bblbbl per monthmcf per month002001,0004002,0006003,0008004,000Jul 21OctJan 22AprJulOctJan 23AprJulOctJan 24Apr
Oil output fell 28% over the last 12 monthsMonthly oil production and gas for FARMS, I. P., Jul 2021 to Jun 2024. Oil output fell 28% over the last 12 months. 3,372 bbl in the 12 months through Jun 2024, against 4,703 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002001,0004002,0006003,0008004,000Jul 21Jan 22JulJan 23JulJan 24

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a transmission line in the last 12 months

All of the gas went to a transmission line in the last 12 monthsShare of FARMS, I. P. gas by disposition code each month, Jul 2021 to Jun 2024. All of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Jul 21OctJan 22AprJulOctJan 23AprJulOctJan 24Apr
All of the gas went to a transmission line in the last 12 monthsShare of FARMS, I. P. gas by disposition code each month, Jul 2021 to Jun 2024. All of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jul 21Jan 22JulJan 23JulJan 24

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed once, most recently in Jun 2024

Operators of this lease over timeElliott Oil Company, L.P., Jan 2020 to May 2024; Elliott Oil & Gas Operating Co., Jun 2024 to Jun 202420202021202220232024Changed Jun 2024Elliott Oil Company, L.P.Jan 2020 to May 2024Elliott Oil & Gas Operating C…Jun 2024 to now
Operators of this lease over timeElliott Oil Company, L.P., Jan 2020 to May 2024; Elliott Oil & Gas Operating Co., Jun 2024 to Jun 202420202021202220232024Changed Jun 2024Elliott Oil Company, L.P.Jan 2020 to May 2024Elliott Oil & Gas Operating Co.Jun 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on FARMS, I. P.
API numberWell no.Status
42-039-319142Shut-in
42-039-324224Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Ace Gathering, Inc.OilGathers50Feb 1, 2023–
Socar Trading (North America) LlOilGathers50Feb 1, 2023–
Kinder Morgan Tejas Pipeline LLCCasinghead gasBuys100Dec 11, 2020–
Kinder Morgan Tejas Pipeline LLCCasinghead gasGathers100Dec 11, 2020–
Ace Gathering, Inc.OilGathers50Mar 1, 2021Feb 1, 2023
Plains Marketing, L.p.OilGathers50Mar 1, 2021Feb 1, 2023
Ace Gathering, Inc.OilGathers100Dec 11, 2020Mar 1, 2021
Rutherford Oil CorporationCasinghead gasGathers100Apr 1, 2004Dec 11, 2020
Bris-Tex Enterprises, Inc.Casinghead gasBuys100Jul 1, 2007Dec 11, 2020
Eastex Crude CompanyOilGathers50Feb 1, 2009Dec 11, 2020

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

240 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 240 and 865 acres. Use the acres from your own division order for the well you are paid on.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Farms, I. P.
API numberWell no.Acreson the permit
42-039-319142240
42-039-324224865

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for FARMS, I. P.
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jun 2024Elliott Oil2591451121120$79.77$2.54
May 2024Elliott Oil2232883433430$80.02$2.12
Apr 2024Elliott Oil2262701321320$85.35$1.60
Mar 2024Elliott Oil23924236360$81.28$1.49
Feb 2024Elliott Oil2282781911910$77.25$1.72
Jan 2024Elliott Oil31114113130$74.15$3.18
Dec 2023Elliott Oil24440193930$71.90$2.52
Nov 2023Elliott Oil2952684284280$77.69$2.71
Oct 2023Elliott Oil3262784454450$85.64$2.98
Sep 2023Elliott Oil3182342922920$89.43$2.64
Aug 2023Elliott Oil3233953443440$81.39$2.58
Jul 2023Elliott Oil3804014744740$76.07$2.55
Jun 2023Elliott Oil3644185915910$70.25$2.18
May 2023Elliott Oil4403856836830$71.58$2.15
Apr 2023Elliott Oil4674056546540$79.45$2.16
Mar 2023Elliott Oil4314015875870$73.28$2.31
Feb 2023Elliott Oil2553893273270$76.83$2.38
Jan 2023Elliott Oil3682584834830$78.12$3.27
Dec 2022Elliott Oil3325104084080$76.44$5.53
Nov 2022Elliott Oil4052605085080$84.37$5.45
Oct 2022Elliott Oil3764011911910$87.55$5.66
Sep 2022Elliott Oil344354000$84.26$7.88
Aug 2022Elliott Oil4973875845840$93.67$8.81
Jul 2022Elliott Oil4243906146140$101.62$7.28
Jun 2022Elliott Oil2993733963960$114.84$7.70
May 2022Elliott Oil5394793563560$109.55$8.14
Apr 2022Elliott Oil2443647067060$101.78$6.60
Mar 2022Elliott Oil4013015315310$108.50$4.90
Feb 2022Elliott Oil3773441,4681,4680$91.64$4.69
Jan 2022Elliott Oil1481789509500$83.22$4.38
Dec 2021Elliott Oil3003408008000$71.71$3.76
Nov 2021Elliott Oil5825253,1203,1200$79.15$5.05
Oct 2021Elliott Oil4004001,2601,2600$81.48$5.51
Sep 2021Elliott Oil2622826506500$71.65$5.16
Aug 2021Elliott Oil86713263260$67.73$4.07
Jul 2021Elliott Oil505005000$72.49$3.84

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorElliott Oil & Gas Operating Co.FieldChocolate Bayou, S. (10700 Frio)CountyBrazoria County

Elliott Oil & Gas Operating Co. in Brazoria County

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Chocolate Bayou, S. (10700 Frio) field

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