HILL, GRADY MRS.

Operated by NOW DEVELOPMENT CO., INC. (P-5 615790) in the FRANCES HILL (PENN, LOWER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 85255District 01Field 32519510NGPA filingCondensateGasSaveExport
Value, all time
$354 k
Jan 1993 – Dec 2007
Value, last 12 filed months
$357
at the published price for each month
Months reported
180
no gaps in the span
Streams
2
condensate, 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 37 leases and 37 wells, and the rule below applies to all of them.

Discovered
1979-07-20
as the register files it
Field class
Gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1997-09-19.

The Commission's schedule remark for this field reads: FRANCES HILL (PENN LOWER) FEILD (ID#'S 159920 & 160065).

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

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.

StreamBasisVolumeValue
CondensateDisposition1,413 bbl$25,703
GasProduction529,856 Mcf$328,300
Total$354,003

398,955 Mcf of this lease's gas, across 47 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 30.2623, -100.5392. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.26232, -100.53923 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
6,701 ft
1 wells filed one
Completion to plug
28.4 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 6,701 ft.

Completions filed
Jul 1979
1 of 1 wells
Plug dates filed
Dec 2007
1 of 1 wells

Last completion to plug: a median of 28.4 years across the 1 well that filed both dates, with the middle half between 28.4 years and 28.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1373069916,701 ftJul 1979Dec 2007Yes

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 (180)

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

180 months

Dec 20070088.337.30$0
Nov 20070491.677.29$29
Oct 20070982.856.92$62
Sep 20070675.846.24$37
Aug 20070169.066.39$6
Jul 20070470.906.39$26
Jun 20070462.007.55$30
May 20070558.747.85$39
Apr 20070559.617.81$39
Mar 20070556.927.30$37
Feb 20070355.108.22$25
Jan 20070450.306.73$27
Dec 20060456.656.92$28
Nov 20060354.207.62$23
Oct 20060454.906.01$24
Sep 20060360.085.04$15
Aug 20060268.717.34$15
Jul 20060469.376.34$25
Jun 20060366.286.38$19
May 20060366.016.42$19
Apr 20060464.397.36$29
Mar 20060656.707.08$43
Feb 20060557.597.75$39
Jan 20060660.598.93$54
Dec 20050654.9413.42$80
Nov 20050854.6910.59$85
Oct 20050658.3413.80$83
Sep 20050861.4512.08$97
Aug 20050661.519.80$59
Jul 20050955.697.84$71
Jun 20050752.337.38$52
May 200501145.226.65$73
Apr 200501049.207.36$74
Mar 20050650.377.15$43
Feb 20050845.226.31$51
Jan 20050643.166.32$38
Dec 200401139.866.75$74
Nov 200401145.286.33$70
Oct 20040249.706.52$13
Sep 20040043.245.28$0
Aug 200401442.375.55$78
Jul 200401738.286.08$103
Jun 20040136.106.43$6
May 20040137.486.49$6
Apr 20040134.475.86$6
Mar 200402334.365.53$127
Feb 20040532.455.51$28
Jan 20040232.036.30$13
Dec 20030230.266.30$13
Nov 20030128.804.60$5
Oct 20030128.174.76$5
Sep 20030126.314.75$5
Aug 20030129.765.13$5
Jul 20030129.415.17$5
Jun 200375128.565.98$2,148
May 200393126.595.97$2,479
Apr 20030226.675.41$11
Mar 20030131.146.10$6
Feb 20030133.487.93$8
Jan 20030130.315.58$6
Dec 20020126.914.85$5
Nov 20020124.664.14$4
Oct 20020126.464.23$4
Sep 20020127.443.64$4
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020123.653.51$4
Mar 20020122.003.10$3
Feb 20020218.222.38$5
Jan 200201217.172.38$29
Dec 20010816.932.36$19
Nov 200101818.072.41$43
Oct 200102919.782.53$73
Sep 200101724.262.25$38
Aug 200101624.873.05$49
Jul 200103323.933.20$106
Jun 200106524.563.82$249
May 2001014625.524.31$629
Apr 2001028324.685.34$1,510
Mar 2001037524.545.38$2,016
Feb 2001036827.755.77$2,122
Jan 2001040927.478.40$3,435
Dec 2000043326.889.12$3,950
Nov 2000042132.215.66$2,382
Oct 2000046531.235.15$2,393
Sep 2000047531.875.19$2,464
Aug 2000053529.644.54$2,429
Jul 2000055628.534.09$2,274
Jun 2000056829.304.40$2,498
May 2000062227.263.68$2,289
Apr 2000062524.513.12$1,948
Mar 2000069128.422.86$1,976
Feb 2000058527.622.73$1,595
Jan 2000063925.272.48$1,585
Dec 1999073224.282.42$1,774
Nov 1999074723.192.43$1,818
Oct 1999077320.982.80$2,167
Sep 1999072621.752.62$1,901
Aug 1999079719.262.88$2,292
Jul 1999092817.892.37$2,202
Jun 1999090115.942.36$2,128
May 1999097915.792.32$2,272
Apr 199901,12115.102.21$2,475
Mar 199901,34712.471.84$2,476
Feb 199901,2389.981.82$2,250
Jan 199901,49610.381.90$2,842
Dec 199801,5259.201.77$2,704
Nov 199801,68810.892.19$3,690
Oct 199801,62712.421.97$3,204
Sep 199801,65812.592.08$3,453
Aug 199801,35511.301.91$2,584
Jul 199801,27711.742.24$2,857
Jun 199801,11211.242.24$2,488
May 199801,08012.622.21$2,383
Apr 199801,94213.042.51$4,865
Mar 199803,02612.802.31$6,988
Feb 199803,28513.952.30$7,553
Jan 199803,77814.702.15$8,141
Dec 199702,91316.322.41$7,024
Nov 199714,25718.193.09$13,165
Oct 199705,70319.253.15$17,963
Sep 1997516,88417.742.95$21,246
Aug 199708,93417.862.55$22,824
Jul 199709,14017.582.25$20,537
Jun 1997010,02117.242.26$22,619
May 1997010,31118.972.31$23,803
Apr 199707,14217.882.08$14,875
Mar 1997012,81218.951.94$24,844
Feb 199706,82720.492.21$15,060
Jan 199702,12723.483.54$7,529
Dec 199604,46923.32$0
Nov 199665,54921.97$132
Oct 19961393,72123.31$3,240
Sep 199607,54622.22$0
Aug 199609,09520.26$0
Jul 1996010,01519.55$0
Jun 199609,33918.73$0
May 1996010,21919.43$0
Apr 199609,95621.51$0
Mar 1996010,80319.38$0
Feb 199608,83516.98$0
Jan 199616211,76017.07$2,765
Dec 1995011,62417.19$0
Nov 199506,06316.00$0
Oct 1995258,94215.43$386
Sep 199503,35516.18$0
Aug 199509,87615.92$0
Jul 199509,95415.24$0
Jun 199508,68116.41$0
May 199509,42917.56$0
Apr 1995448,93217.73$780
Mar 199509,96616.44$0
Feb 199508,92516.58$0
Jan 1995427,75215.92$669
Dec 19941709,87715.03$2,555
Nov 1994010,18915.90$0
Oct 199408,11115.58$0
Sep 199409,11815.29$0
Aug 199409,01316.13$0
Jul 199407,49417.56$0
Jun 19941508,73317.09$2,564
May 199408,74215.88$0
Apr 199407,97114.14$0
Mar 199409,99712.46$0
Feb 199405,27612.50$0
Jan 19941217,96512.66$1,532
Dec 1993011,21212.33$0
Nov 1993011,93114.49$0
Oct 199309,51815.85$0
Sep 19931664,45815.03$2,495
Aug 19930015.66$0
Jul 199306,89515.46$0
Jun 1993010,57816.79$0
May 199308,42417.68$0
Apr 199306,35318.05$0
Mar 19931689,42718.14$3,048
Feb 199306,41817.90$0
Jan 199306,44916.93$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.

Nov 2007 — as filed, then multipliedworked
Condensate             0 bbl  × $ 91.67 =         $0
Gas                    4 Mcf  × $  7.29 =        $29

────────────────────────────────────────────────────
Month total                                      $29

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/85255 is the state's own key, not one this site invented.