GRAEF GAS UNIT 1

Operated by REPSOL OIL & GAS USA, LLC (P-5 703462) in the SUGARKANE (EAGLE FORD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 287687District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.6 M
Sep 2019 – May 2026
Value, last 12 filed months
$746 k
at the published price for each month
Months reported
81
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 1,993 leases and 2,259 wells, and the rule below applies to all of them.

Discovered
2009-12-01
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 2017-10-10.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: GAS WELLS

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
ST-1112020-08-07227561

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
CondensateDisposition99,337 bbl$5,394,668
GasProduction1,493,850 Mcf$4,240,718
Total$9,635,386

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 28.7827, -97.8955. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.78268, -97.89554 · 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
12,977 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 12,977 ft.

Completions filed
Mar 2020
1 of 1 wells

1 well

42-25535991C 3H12,977 ftMar 2020

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 (81)

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

81 months

May 20263543,270106.413.05$47,629
Apr 20264093,01598.932.87$49,115
Mar 20265644,81189.753.15$65,771
Feb 20265414,27763.503.75$50,394
Jan 20263,1075,32459.138.00$226,298
Dec 20255034,09156.664.41$46,555
Nov 20253493,88658.593.93$35,706
Oct 20253194,45959.383.30$33,679
Sep 20252904,56962.743.08$32,253
Aug 20255564,77263.933.01$49,932
Jul 20256094,79966.743.32$56,554
Jun 20255425,12966.483.13$52,079
May 20255454,75160.553.23$48,357
Apr 20252874,13462.363.54$32,545
Mar 20253632,18367.704.27$33,893
Feb 20253342,95070.884.34$36,479
Jan 20254975,92474.324.28$62,284
Dec 20242935,97368.993.12$38,858
Nov 20241531,66569.052.20$14,225
Oct 20245564,57671.372.28$50,121
Sep 20245564,89969.612.36$50,286
Aug 2024945,18275.632.06$17,803
Jul 20243836,07679.932.15$43,656
Jun 20243265,44178.082.63$39,786
May 20242965,14878.812.20$34,645
Apr 20241756,81884.451.66$26,091
Mar 20241607,14580.301.55$23,888
Feb 20241126,13676.091.78$19,467
Jan 20242357,22973.023.30$40,998
Dec 20232736,20771.262.61$35,659
Nov 20232935,94877.892.81$39,521
Oct 20232656,59085.443.09$42,987
Sep 2023946,30089.042.74$25,601
Aug 2023827,97980.522.67$27,930
Jul 2023334,84174.852.64$15,259
Jun 20232387,17368.962.26$32,613
May 20232797,91270.622.23$37,326
Apr 20232204,57178.122.24$27,415
Mar 20231593,76972.852.39$20,603
Feb 20231524,81375.112.47$23,284
Jan 20231597,43676.533.39$37,359
Dec 20221416,60376.415.73$48,603
Nov 20221055,59085.005.65$40,487
Oct 20221265,73587.185.86$44,613
Sep 2022945,89484.888.16$56,095
Aug 20222056,03594.529.13$74,459
Jul 20222655,827101.587.54$70,866
Jun 20221765,699115.097.98$65,718
May 20221716,273109.378.43$71,603
Apr 20222888,092104.226.84$85,345
Mar 20224729,807108.885.08$101,176
Feb 20224369,94791.054.86$88,029
Jan 202250212,42781.844.54$97,473
Dec 202150712,59271.323.90$85,257
Nov 202189814,28777.435.24$144,351
Oct 202164015,43779.795.71$139,271
Sep 202175515,24569.865.35$134,319
Aug 202187918,24266.024.22$135,024
Jul 202181416,68770.783.98$124,064
Jun 202168116,06269.493.38$101,622
May 202171416,10963.483.02$93,936
Apr 202199118,76860.362.76$111,587
Mar 20211,39921,31561.302.72$143,670
Feb 202190717,45357.805.55$149,253
Jan 20211,35824,16550.412.81$136,367
Dec 20201,42126,03844.642.68$133,097
Nov 20201,59126,91538.772.71$134,530
Oct 20201,59030,92736.972.48$135,433
Sep 20201,74233,22137.091.99$130,755
Aug 20201,96137,51139.982.39$167,868
Jul 20202,13241,44138.371.83$157,440
Jun 20202,25045,10934.901.69$154,773
May 20203,18053,68216.921.81$151,225
Apr 20203,17447,33214.751.80$132,221
Mar 20202,79743,21530.341.86$165,078
Feb 20203,36364,73749.881.98$295,969
Jan 20204,56479,38057.252.09$427,569
Dec 20196,31195,97459.012.30$593,571
Nov 20197,322109,51255.302.75$706,141
Oct 201914,820139,37653.472.42$1,129,512
Sep 201911,840113,01855.052.66$952,112

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
Condensate           354 bbl  × $106.41 =    $37,669
Gas                3,270 Mcf  × $  3.05 =     $9,960

────────────────────────────────────────────────────
Month total                                  $47,629

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. 02/G/287687 is the state's own key, not one this site invented.