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 287718District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.2 M
Sep 2019 – May 2026
Value, last 12 filed months
$440 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-1112020-10-23228095

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
CondensateDisposition138,909 bbl$7,911,508
GasProduction1,454,922 Mcf$4,271,764
Total$12,183,272

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 28.7839, -97.8947. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.78391, -97.89470 · 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
12,962 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 12,962 ft.

Completions filed
Mar 2020
1 of 1 wells

1 well

42-25535992C 4H12,962 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 20264082,997106.413.05$52,544
Apr 20261563,15498.932.87$24,484
Mar 20261652,98889.753.15$24,219
Feb 20263052,60563.503.75$29,137
Jan 20261,8563,69359.138.00$139,282
Dec 20252272,75356.664.41$25,012
Nov 20251393,60258.593.93$22,287
Oct 20251644,96059.383.30$26,130
Sep 20251134,65062.743.08$21,397
Aug 20251234,87463.933.01$22,557
Jul 20251414,81166.743.32$25,360
Jun 20251924,63166.483.13$27,253
May 20251076,55260.553.23$27,657
Apr 20253844,57562.363.54$40,156
Mar 20253254,13967.704.27$39,669
Feb 20253443,65470.884.34$40,244
Jan 20256274,88474.324.28$67,496
Dec 20246014,81168.993.12$56,480
Nov 20245075,82769.052.20$47,819
Oct 20245375,82971.372.28$51,624
Sep 20244305,95969.612.36$44,022
Aug 20246766,27775.632.06$64,079
Jul 20244306,27579.932.15$47,840
Jun 20242994,68178.082.63$35,676
May 20242585,47778.812.20$32,374
Apr 20242897,42784.451.66$36,729
Mar 20244777,36880.301.55$49,688
Feb 20243536,47176.091.78$38,402
Jan 20243756,07873.023.30$47,426
Dec 20233995,11871.262.61$41,794
Nov 20236768,81377.892.81$77,397
Oct 20234278,56785.443.09$62,932
Sep 20235317,61989.042.74$68,119
Aug 20236437,68280.522.67$72,307
Jul 20237297,24274.852.64$73,698
Jun 20231,8357,49468.962.26$143,467
May 20237137,00370.622.23$65,951
Apr 20237597,32878.122.24$75,691
Mar 20231,0187,23072.852.39$91,464
Feb 20231,1117,01975.112.47$100,754
Jan 20231,1487,75376.533.39$114,121
Dec 20221,3156,64176.415.73$138,526
Nov 20227917,10685.005.65$107,357
Oct 20221,0628,86987.185.86$144,591
Sep 20228218,13584.888.16$136,098
Aug 20221,2589,58094.529.13$206,344
Jul 20221,0299,088101.587.54$173,068
Jun 20228199,375115.097.98$169,045
May 202288010,469109.378.43$184,531
Apr 20221,05710,117104.226.84$179,337
Mar 202292911,829108.885.08$161,198
Feb 20226739,89491.054.86$109,350
Jan 20221,01711,73281.844.54$136,467
Dec 20211,14914,77971.323.90$139,572
Nov 20211,36012,55377.435.24$171,043
Oct 20211,02814,52279.795.71$165,001
Sep 20211,40818,18269.865.35$195,653
Aug 20211,59821,37366.024.22$195,707
Jul 20211,24716,13070.783.98$152,494
Jun 20211,27115,53069.493.38$140,823
May 20211,43316,27463.483.02$140,076
Apr 20211,67820,10260.362.76$156,734
Mar 20212,09221,04361.302.72$185,412
Feb 20211,52316,35557.805.55$178,766
Jan 20212,61318,43650.412.81$183,531
Dec 20202,67520,01444.642.68$172,959
Nov 20202,57020,84938.772.71$156,068
Oct 20202,47525,19036.972.48$153,932
Sep 20202,62228,72237.091.99$154,437
Aug 20203,13234,35239.982.39$207,150
Jul 20203,16038,43538.371.83$191,398
Jun 20203,23842,52134.901.69$184,880
May 20204,17548,97016.921.81$159,509
Apr 20203,90343,33814.751.80$135,767
Mar 20204,27545,50630.341.86$214,173
Feb 20204,70859,58549.881.98$352,853
Jan 20206,05172,98257.252.09$499,298
Dec 20197,47687,51459.012.30$642,823
Nov 20199,747100,49455.302.75$815,438
Oct 201915,764131,23953.472.42$1,160,308
Sep 201911,890106,22755.052.66$936,819

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           408 bbl  × $106.41 =    $43,415
Gas                2,997 Mcf  × $  3.05 =     $9,128

────────────────────────────────────────────────────
Month total                                  $52,544

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/287718 is the state's own key, not one this site invented.