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 287719District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.3 M
Sep 2019 – May 2026
Value, last 12 filed months
$906 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-1112020-08-07227563

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
CondensateDisposition126,438 bbl$7,520,504
GasProduction1,494,671 Mcf$4,775,464
Total$12,295,968

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 28.7851, -97.8936. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.78509, -97.89364 · 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
12,928 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 12,928 ft.

Completions filed
Mar 2020
1 of 1 wells

1 well

42-25535995C 6H12,928 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 20267185,122106.413.05$92,003
Apr 20267476,13198.932.87$91,495
Mar 20268006,78389.753.15$93,163
Feb 20267775,92663.503.75$71,564
Jan 20264,9328,58359.138.00$360,275
Dec 20257447,23956.664.41$74,103
Nov 20253629,20358.593.93$57,345
Oct 20254478,02459.383.30$53,061
Sep 20251361,53362.743.08$13,250
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20249068.993.12$621
Nov 20244941769.052.20$4,300
Oct 20242051,68871.372.28$18,482
Sep 20245304,20769.612.36$46,840
Aug 20246976,30275.632.06$65,719
Jul 20246126,73279.932.15$63,368
Jun 20245857,27578.082.63$64,839
May 20243997,69478.812.20$48,360
Apr 20241646,74684.451.66$25,043
Mar 20244566,93980.301.55$47,338
Feb 20243105,78176.091.78$33,899
Jan 20243308,11973.023.30$50,870
Dec 20235007,65771.262.61$55,620
Nov 20236237,90677.892.81$70,722
Oct 20237538,96385.443.09$92,008
Sep 20237738,19289.042.74$91,233
Aug 20231,6029,63480.522.67$154,744
Jul 20235158,71574.852.64$61,571
Jun 20235438,01068.962.26$55,536
May 20237326,46870.622.23$66,101
Apr 20238348,09378.122.24$83,262
Mar 20231,0728,84372.852.39$99,258
Feb 20231,0188,00275.112.47$96,192
Jan 20231,16210,63976.533.39$124,970
Dec 20227439,62476.415.73$111,909
Nov 202260010,68985.005.65$111,352
Oct 202281011,74487.185.86$139,480
Sep 202290111,90784.888.16$173,682
Aug 20221,30612,98494.529.13$241,950
Jul 20221,47913,284101.587.54$250,426
Jun 20221,64913,530115.097.98$297,715
May 20221,55314,664109.378.43$293,514
Apr 20221,10215,337104.226.84$219,719
Mar 202288516,063108.885.08$177,901
Feb 202283114,64091.054.86$146,796
Jan 20221,12218,40981.844.54$175,359
Dec 202180817,70971.323.90$126,676
Nov 202188218,03477.435.24$162,735
Oct 202156520,09479.795.71$159,896
Sep 202191821,28969.865.35$178,047
Aug 20211,09422,65466.024.22$167,839
Jul 20211,35122,92870.783.98$186,925
Jun 20211,63024,27569.493.38$195,333
May 20211,68025,23863.483.02$182,806
Apr 20211,78226,88160.362.76$181,711
Mar 20212,31230,76161.302.72$225,301
Feb 20211,48824,02657.805.55$219,301
Jan 20212,21034,00650.412.81$206,972
Dec 20202,34137,24544.642.68$204,150
Nov 20202,79739,24038.772.71$214,646
Oct 20202,79539,66536.972.48$201,638
Sep 20202,77536,33637.091.99$175,271
Aug 20203,10345,25339.982.39$231,991
Jul 20202,86042,06138.371.83$186,505
Jun 20202,63428,38634.901.69$139,908
May 20202,52927,79116.921.81$93,224
Apr 20203,05625,60614.751.80$91,279
Mar 20202,02521,79530.341.86$101,895
Feb 20202,69133,54449.881.98$200,667
Jan 20203,98544,90657.252.09$322,208
Dec 20196,00462,79059.012.30$498,987
Nov 20198,387104,10855.302.75$750,171
Oct 201914,252128,14053.472.42$1,071,966
Sep 201910,367105,46955.052.66$850,964

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           718 bbl  × $106.41 =    $76,402
Gas                5,122 Mcf  × $  3.05 =    $15,601

────────────────────────────────────────────────────
Month total                                  $92,003

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/287719 is the state's own key, not one this site invented.