GRACEY

Name: GRACEY lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by WAYNE E. GLENN ASSOCIATES, INC. (P-5 309847) in the BIG FOOT, WEST (GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 78318District 01Field 07856250NGPA filingGasSave Export

Value, all time

$541 k

Jan 1993 – Dec 2015

Value, last 12 filed months

$10 k

at the published price for each month

Months reported

276

no gaps in the span

Streams

gas

The BIG FOOT, WEST (GAS) field

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 92 leases and 92 wells, and the rule below applies to all of them.

Discovered

1952-11-13

as the register files it

Field class

Gas

the register's own label

Between wells

2,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 213 acres. The field rule took effect on 1985-06-14.

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 08/01/2002.”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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.

Stream	Basis	Volume	Value
Gas	Production	164,562 Mcf	$540,639
Total			$540,639

44,017 Mcf of this lease's gas, across 41 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 (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 28.9822, -99.0717. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.98215, -99.07172 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

3,226 ft

1 wells filed one

Completion to plug

37.3 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

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

The one well that filed a depth was drilled to 3,226 ft.

Completions filed

Aug 1978

1 of 1 wells

Plug dates filed

Dec 2015

1 of 1 wells

Last completion to plug: a median of 37.3 years across the 1 well that filed both dates, with the middle half between 37.3 years and 37.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-16331631	1	3,226 ft	Aug 1978	Dec 2015	Yes

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 (276)

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

276 months


Dec 2015	384	32.36	2.00	$769
Nov 2015	249	38.79	2.17	$540
Oct 2015	159	43.55	2.43	$386
Sep 2015	313	42.99	2.76	$863
Aug 2015	423	40.16	2.87	$1,215
Jul 2015	392	48.15	2.95	$1,154
Jun 2015	327	56.15	2.88	$943
May 2015	262	55.21	2.96	$774
Apr 2015	339	49.82	2.71	$918
Mar 2015	264	42.89	2.93	$775
Feb 2015	258	44.66	2.98	$768
Jan 2015	174	43.43	3.10	$540
Dec 2014	160	54.69	3.59	$575
Nov 2014	192	70.46	4.25	$816
Oct 2014	119	78.30	3.90	$464
Sep 2014	182	86.16	4.05	$736
Aug 2014	222	89.39	4.04	$896
Jul 2014	270	96.56	4.18	$1,128
Jun 2014	134	98.16	4.74	$635
May 2014	182	94.73	4.73	$860
Apr 2014	308	95.94	4.81	$1,481
Mar 2014	72	95.89	5.06	$364
Feb 2014	213	97.40	6.19	$1,319
Jan 2014	171	90.40	4.86	$831
Dec 2013	252	91.82	4.35	$1,097
Nov 2013	73	88.85	3.74	$273
Oct 2013	69	97.42	3.78	$261
Sep 2013	41	104.11	3.72	$152
Aug 2013	98	104.25	3.52	$345
Jul 2013	96	102.52	3.72	$357
Jun 2013	113	94.40	3.93	$444
May 2013	85	94.83	4.15	$353
Apr 2013	237	93.96	4.28	$1,015
Mar 2013	282	93.62	3.91	$1,103
Feb 2013	268	91.23	3.42	$917
Jan 2013	327	91.60	3.42	$1,118
Dec 2012	276	86.77	3.42	$944
Nov 2012	340	86.95	3.62	$1,232
Oct 2012	386	89.38	3.40	$1,312
Sep 2012	234	94.67	2.92	$683
Aug 2012	363	92.66	2.91	$1,056
Jul 2012	351	85.13	3.02	$1,060
Jun 2012	291	79.82	2.52	$733
May 2012	78	91.61	2.49	$194
Apr 2012	334	101.65	2.00	$667
Mar 2012	248	105.05	2.22	$551
Feb 2012	315	101.10	2.57	$810
Jan 2012	301	98.09	2.73	$823
Dec 2011	307	96.87	3.24	$995
Nov 2011	413	95.72	3.31	$1,368
Oct 2011	348	84.98	3.65	$1,270
Sep 2011	334	83.62	3.99	$1,331
Aug 2011	347	83.40	4.15	$1,440
Jul 2011	264	94.14	4.52	$1,193
Jun 2011	269	92.90	4.64	$1,248
May 2011	387	98.13	4.40	$1,705
Apr 2011	121	105.96	4.33	$524
Mar 2011	110	96.36	4.06	$446
Feb 2011	333	85.64	4.18	$1,392
Jan 2011	406	86.50	4.59	$1,863
Dec 2010	419	85.73	4.35	$1,822
Nov 2010	467	80.84	3.80	$1,772
Oct 2010	446	78.10	3.51	$1,565
Sep 2010	320	72.63	3.98	$1,273
Aug 2010	390	73.68	4.42	$1,724
Jul 2010	293	72.55	4.74	$1,388
Jun 2010	404	70.36	4.91	$1,984
May 2010	482	71.12	4.24	$2,041
Apr 2010	425	81.69	4.12	$1,752
Mar 2010	439	78.39	4.39	$1,927
Feb 2010	300	73.58	5.44	$1,633
Jan 2010	281	74.36	5.96	$1,676
Dec 2009	367	71.44	5.48	$2,013
Nov 2009	352	74.59	3.75	$1,321
Oct 2009	358	72.54	4.11	$1,471
Sep 2009	221	65.54	3.06	$677
Aug 2009	190	67.42	3.22	$612
Jul 2009	271	61.13	3.46	$939
Jun 2009	215	66.16	3.90	$837
May 2009	128	54.74	3.93	$503
Apr 2009	223	46.77	3.59	$800
Mar 2009	294	42.14	4.06	$1,193
Feb 2009	516	32.81	4.63	$2,391
Jan 2009	685	35.86	5.37	$3,679
Dec 2008	503	37.10	5.98	$3,007
Nov 2008	565	55.49	6.86	$3,876
Oct 2008	626	75.24	6.92	$4,333
Sep 2008	688	101.76	7.88	$5,419
Aug 2008	293	114.22	8.48	$2,486
Jul 2008	0	131.08	11.39	$0
Jun 2008	0	131.33	13.03	$0
May 2008	0	123.17	11.57	$0
Apr 2008	305	110.31	10.45	$3,189
Mar 2008	640	101.90	9.66	$6,185
Feb 2008	749	92.53	8.77	$6,569
Jan 2008	0	90.38	8.21	$0
Dec 2007	0	88.33	7.30	$0
Nov 2007	0	91.67	7.29	$0
Oct 2007	106	82.85	6.92	$734
Sep 2007	8	75.84	6.24	$50
Aug 2007	22	69.06	6.39	$141
Jul 2007	141	70.90	6.39	$901
Jun 2007	422	62.00	7.55	$3,185
May 2007	490	58.74	7.85	$3,845
Apr 2007	554	59.61	7.81	$4,324
Mar 2007	565	56.92	7.30	$4,126
Feb 2007	434	55.10	8.22	$3,566
Jan 2007	550	50.30	6.73	$3,700
Dec 2006	593	56.65	6.92	$4,103
Nov 2006	596	54.20	7.62	$4,540
Oct 2006	624	54.90	6.01	$3,753
Sep 2006	619	60.08	5.04	$3,118
Aug 2006	618	68.71	7.34	$4,536
Jul 2006	611	69.37	6.34	$3,875
Jun 2006	557	66.28	6.38	$3,556
May 2006	589	66.01	6.42	$3,784
Apr 2006	560	64.39	7.36	$4,122
Mar 2006	626	56.70	7.08	$4,434
Feb 2006	584	57.59	7.75	$4,527
Jan 2006	592	60.59	8.93	$5,289
Dec 2005	611	54.94	13.42	$8,197
Nov 2005	640	54.69	10.59	$6,777
Oct 2005	625	58.34	13.80	$8,622
Sep 2005	636	61.45	12.08	$7,682
Aug 2005	705	61.51	9.80	$6,907
Jul 2005	719	55.69	7.84	$5,640
Jun 2005	611	52.33	7.38	$4,510
May 2005	731	45.22	6.65	$4,862
Apr 2005	773	49.20	7.36	$5,690
Mar 2005	827	50.37	7.15	$5,917
Feb 2005	720	45.22	6.31	$4,545
Jan 2005	476	43.16	6.32	$3,009
Dec 2004	599	39.86	6.75	$4,044
Nov 2004	579	45.28	6.33	$3,665
Oct 2004	675	49.70	6.52	$4,398
Sep 2004	707	43.24	5.28	$3,736
Aug 2004	727	42.37	5.55	$4,035
Jul 2004	663	38.28	6.08	$4,034
Jun 2004	500	36.10	6.43	$3,217
May 2004	811	37.48	6.49	$5,267
Apr 2004	325	34.47	5.86	$1,904
Mar 2004	703	34.36	5.53	$3,888
Feb 2004	573	32.45	5.51	$3,157
Jan 2004	397	32.03	6.30	$2,501
Dec 2003	397	30.26	6.30	$2,502
Nov 2003	328	28.80	4.60	$1,507
Oct 2003	531	28.17	4.76	$2,527
Sep 2003	681	26.31	4.75	$3,234
Aug 2003	717	29.76	5.13	$3,678
Jul 2003	649	29.41	5.17	$3,356
Jun 2003	665	28.56	5.98	$3,979
May 2003	714	26.59	5.97	$4,264
Apr 2003	650	26.67	5.41	$3,515
Mar 2003	736	31.14	6.10	$4,487
Feb 2003	636	33.48	7.93	$5,041
Jan 2003	764	30.31	5.58	$4,265
Dec 2002	635	26.91	4.85	$3,082
Nov 2002	672	24.66	4.14	$2,780
Oct 2002	778	26.46	4.23	$3,290
Sep 2002	754	27.44	3.64	$2,741
Aug 2002	768	25.96	3.16	$2,430
Jul 2002	724	24.58	3.06	$2,217
Jun 2002	758	23.73	3.34	$2,530
May 2002	703	24.66	3.58	$2,520
Apr 2002	607	23.65	3.51	$2,132
Mar 2002	635	22.00	3.10	$1,970
Feb 2002	648	18.22	2.38	$1,539
Jan 2002	607	17.17	2.38	$1,442
Dec 2001	812	16.93	2.36	$1,920
Nov 2001	631	18.07	2.41	$1,518
Oct 2001	722	19.78	2.53	$1,826
Sep 2001	762	24.26	2.25	$1,716
Aug 2001	793	24.87	3.05	$2,421
Jul 2001	857	23.93	3.20	$2,740
Jun 2001	768	24.56	3.82	$2,937
May 2001	781	25.52	4.31	$3,364
Apr 2001	427	24.68	5.34	$2,278
Mar 2001	739	24.54	5.38	$3,973
Feb 2001	648	27.75	5.77	$3,737
Jan 2001	748	27.47	8.40	$6,282
Dec 2000	782	26.88	9.12	$7,134
Nov 2000	861	32.21	5.66	$4,872
Oct 2000	815	31.23	5.15	$4,194
Sep 2000	780	31.87	5.19	$4,045
Aug 2000	592	29.64	4.54	$2,688
Jul 2000	881	28.53	4.09	$3,603
Jun 2000	880	29.30	4.40	$3,870
May 2000	725	27.26	3.68	$2,668
Apr 2000	786	24.51	3.12	$2,449
Mar 2000	873	28.42	2.86	$2,497
Feb 2000	854	27.62	2.73	$2,328
Jan 2000	814	25.27	2.48	$2,019
Dec 1999	682	24.28	2.42	$1,653
Nov 1999	963	23.19	2.43	$2,344
Oct 1999	899	20.98	2.80	$2,521
Sep 1999	938	21.75	2.62	$2,456
Aug 1999	908	19.26	2.88	$2,611
Jul 1999	978	17.89	2.37	$2,320
Jun 1999	884	15.94	2.36	$2,088
May 1999	904	15.79	2.32	$2,098
Apr 1999	833	15.10	2.21	$1,839
Mar 1999	746	12.47	1.84	$1,371
Feb 1999	806	9.98	1.82	$1,465
Jan 1999	850	10.38	1.90	$1,615
Dec 1998	728	9.20	1.77	$1,291
Nov 1998	897	10.89	2.19	$1,961
Oct 1998	814	12.42	1.97	$1,603
Sep 1998	866	12.59	2.08	$1,804
Aug 1998	1,004	11.30	1.91	$1,915
Jul 1998	847	11.74	2.24	$1,895
Jun 1998	858	11.24	2.24	$1,920
May 1998	652	12.62	2.21	$1,439
Apr 1998	963	13.04	2.51	$2,413
Mar 1998	970	12.80	2.31	$2,240
Feb 1998	899	13.95	2.30	$2,067
Jan 1998	956	14.70	2.15	$2,060
Dec 1997	973	16.32	2.41	$2,346
Nov 1997	968	18.19	3.09	$2,989
Oct 1997	1,012	19.25	3.15	$3,188
Sep 1997	998	17.74	2.95	$2,949
Aug 1997	1,036	17.86	2.55	$2,647
Jul 1997	1,054	17.58	2.25	$2,368
Jun 1997	904	17.24	2.26	$2,041
May 1997	990	18.97	2.31	$2,285
Apr 1997	1,013	17.88	2.08	$2,110
Mar 1997	1,084	18.95	1.94	$2,102
Feb 1997	958	20.49	2.21	$2,113
Jan 1997	1,107	23.48	3.54	$3,918
Dec 1996	1,168	23.32	—	$0
Nov 1996	1,198	21.97	—	$0
Oct 1996	1,376	23.31	—	$0
Sep 1996	0	22.22	—	$0
Aug 1996	170	20.26	—	$0
Jul 1996	1,077	19.55	—	$0
Jun 1996	1,069	18.73	—	$0
May 1996	1,069	19.43	—	$0
Apr 1996	1,043	21.51	—	$0
Mar 1996	1,105	19.38	—	$0
Feb 1996	1,055	16.98	—	$0
Jan 1996	1,145	17.07	—	$0
Dec 1995	1,107	17.19	—	$0
Nov 1995	1,116	16.00	—	$0
Oct 1995	1,095	15.43	—	$0
Sep 1995	1,110	16.18	—	$0
Aug 1995	1,185	15.92	—	$0
Jul 1995	1,204	15.24	—	$0
Jun 1995	1,102	16.41	—	$0
May 1995	1,014	17.56	—	$0
Apr 1995	1,140	17.73	—	$0
Mar 1995	1,150	16.44	—	$0
Feb 1995	1,006	16.58	—	$0
Jan 1995	1,190	15.92	—	$0
Dec 1994	1,227	15.03	—	$0
Nov 1994	1,243	15.90	—	$0
Oct 1994	951	15.58	—	$0
Sep 1994	305	15.29	—	$0
Aug 1994	1,015	16.13	—	$0
Jul 1994	1,028	17.56	—	$0
Jun 1994	1,050	17.09	—	$0
May 1994	1,004	15.88	—	$0
Apr 1994	1,018	14.14	—	$0
Mar 1994	1,033	12.46	—	$0
Feb 1994	947	12.50	—	$0
Jan 1994	1,076	12.66	—	$0
Dec 1993	1,077	12.33	—	$0
Nov 1993	1,109	14.49	—	$0
Oct 1993	1,199	15.85	—	$0
Sep 1993	1,202	15.03	—	$0
Aug 1993	1,243	15.66	—	$0
Jul 1993	1,396	15.46	—	$0
Jun 1993	0	16.79	—	$0
May 1993	0	17.68	—	$0
Apr 1993	0	18.05	—	$0
Mar 1993	0	18.14	—	$0
Feb 1993	0	17.90	—	$0
Jan 1993	0	16.93	—	$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.

Dec 2015 — as filed, then multipliedworked

Gas                  384 Mcf  × $  2.00 =       $769

────────────────────────────────────────────────────
Month total                                     $769

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. 01/G/78318 is the state's own key, not one this site invented.