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FARMS, I. P. PG

Farms, I. P. PG is an oil lease in Brazoria County, Texas, operated by Elliott Oil & Gas Operating Co. in the Pegasus Gulf Coast (Grubbs) field.

1 well

428bbl oil, last 12 months−42% vs prior year
Operator
Elliott Oil & Gas Operating Co.
County
Brazoria County
Field
Pegasus Gulf Coast (Grubbs)
RRC lease
03-23813

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Where it sits

This county

Brazoria CountyBrazoriaMatagordaGalvestonFort BendBrazoria County
Brazoria County
Gas, last 12 months
5,888 mcf
Oil in Apr 2025
57 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 42% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 42% over the last 12 monthsMonthly oil production and gas for FARMS, I. P. PG, May 2022 to Apr 2025. Oil output fell 42% over the last 12 months. 428 bbl in the 12 months through Apr 2025, against 739 bbl in the 12 months before.Last 12 months: 428 bblbbl per monthmcf per month001001,0002002,0003003,0004004,000Jul 22OctJan 23AprJulOctJan 24AprJulOctJan 25Apr
Oil output fell 42% over the last 12 monthsMonthly oil production and gas for FARMS, I. P. PG, May 2022 to Apr 2025. Oil output fell 42% over the last 12 months. 428 bbl in the 12 months through Apr 2025, against 739 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001001,0002002,0003003,0004004,000Jul 22Jan 23JulJan 24JulJan 25

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. PG gas by disposition code each month, May 2022 to Apr 2025. 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 22OctJan 23AprJulOctJan 24AprJulOctJan 25Apr
All of the gas went to a transmission line in the last 12 monthsShare of FARMS, I. P. PG gas by disposition code each month, May 2022 to Apr 2025. All of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jul 22Jan 23JulJan 24JulJan 25

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on FARMS, I. P. PG
API numberWell no.Status
42-039-324622 TActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Truth Resources, L.p.OilGathers100Sep 1, 2026–
Kinder Morgan Tejas Pipeline LLCCasinghead gasBuys100Dec 14, 2020–
Kinder Morgan Tejas Pipeline LLCCasinghead gasGathers100Dec 14, 2020–
Plains Marketing, L.p.OilGathers50Apr 1, 2023Sep 1, 2026
Socar Trading (North America) LlOilGathers50Feb 1, 2023Sep 1, 2026
Ace Gathering, Inc.OilGathers50Feb 1, 2023Apr 1, 2023
Ace Gathering, Inc.OilGathers50Dec 14, 2020Feb 1, 2023
Plains Marketing, L.p.OilGathers50Dec 14, 2020Feb 1, 2023
Rutherford Oil CorporationCasinghead gasGathers100Nov 1, 2003Dec 14, 2020

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

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352 acres on the newest permit

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Permits for Farms, I. P. PG
API numberWell no.Acreson the permit
42-039-324622 T352

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

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36 months, newest first

Ledger for FARMS, I. P. PG
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Apr 2025571584414410$63.54$3.42
Mar 20257003853850$68.24$4.12
Feb 2025371613763760$71.53$4.19
Jan 20257202432430$75.74$4.13
Dec 2024701626416410$70.12$3.01
Nov 20243504274270$69.95$2.12
Oct 20243304194190$71.99$2.20
Sep 2024704104100$70.24$2.28
Aug 2024703573570$76.68$1.99
Jul 2024101135435430$81.80$2.07
Jun 20241407637630$79.77$2.54
May 20241608838830$80.02$2.12
Apr 202400000$85.35$1.60
Mar 202413407907900$81.28$1.49
Feb 20243202012010$77.25$1.72
Jan 2024461142072070$74.15$3.18
Dec 20237804764760$71.90$2.52
Nov 2023811545005000$77.69$2.71
Oct 20238706156150$85.64$2.98
Sep 202365189000$89.43$2.64
Aug 2023660000$81.39$2.58
Jul 202300000$76.07$2.55
Jun 20232001471470$70.25$2.18
May 20231301798118110$71.58$2.15
Apr 20231231907527520$79.45$2.16
Mar 202310608278270$73.28$2.31
Feb 2023991653,1523,1520$76.83$2.38
Jan 20231681749839830$78.12$3.27
Dec 20228817941410$76.44$5.53
Nov 2022151042420$84.37$5.45
Oct 20221491863883880$87.55$5.66
Sep 20221681817597590$84.26$7.88
Aug 20221691781,3051,3050$93.67$8.81
Jul 20221451781,4151,4150$101.62$7.28
Jun 20222881751,0651,0650$114.84$7.70
May 202220000$109.55$8.14

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.FieldPegasus Gulf Coast (Grubbs)CountyBrazoria County

Elliott Oil & Gas Operating Co. in Brazoria County

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Pegasus Gulf Coast (Grubbs) field

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