GRAHAM-GLENZ UNIT NO. 1

Operated by EXXON MOBIL CORPORATION (P-5 257128) in the GIDDINGS (AUSTIN CHALK, GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 156965District 03Field 347735502 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.8 M
Aug 1995 – Dec 2007
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
149
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 1,061 leases and 1,061 wells, and the rule below applies to all of them.

Discovered
1978-08-01
as the register files it
Field class
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 2018-10-16.

The Commission's schedule remark for this field reads: AMENDED DRILLING PERMITS, NOTICE, OR HEARING.

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
High Cost Gas111996-02-28133545
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
CondensateDisposition6,114 bbl$111,489
GasProduction4,506,453 Mcf$2,653,891
Total$2,765,380

3,511,371 Mcf of this lease's gas, across 17 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 30.3078, -96.3292. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.30782, -96.32916 · 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
16,972 ft
1 wells filed one
Completion to plug
11.9 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 16,972 ft.

Completions filed
Aug 1995
1 of 1 wells
Plug dates filed
Jul 2007
1 of 1 wells

Last completion to plug: a median of 11.9 years across the 1 well that filed both dates, with the middle half between 11.9 years and 11.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-477307871H16,972 ftAug 1995Jul 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 (149)

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

149 months

Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 200740075.846.24$3,034
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 200702150.306.73$141
Dec 20060056.656.92$0
Nov 200601654.207.62$122
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060768.717.34$51
Jul 200601769.376.34$108
Jun 2006013266.286.38$843
May 20060066.016.42$0
Apr 200601664.397.36$118
Mar 200601656.707.08$113
Feb 200601457.597.75$109
Jan 200604260.598.93$375
Dec 200502454.9413.42$322
Nov 200503854.6910.59$402
Oct 200504758.3413.80$648
Sep 200502861.4512.08$338
Aug 200502861.519.80$274
Jul 20050055.697.84$0
Jun 200508652.337.38$635
May 20050045.226.65$0
Apr 20050949.207.36$66
Mar 20050050.377.15$0
Feb 200502345.226.31$145
Jan 200502343.166.32$145
Dec 200402039.866.75$135
Nov 2004019645.286.33$1,241
Oct 2004019649.706.52$1,277
Sep 200403743.245.28$196
Aug 200405342.375.55$294
Jul 200405238.286.08$316
Jun 200405936.106.43$380
May 200405237.486.49$338
Apr 200406234.475.86$363
Mar 200407534.365.53$415
Feb 200408432.455.51$463
Jan 200408732.036.30$548
Dec 200308930.266.30$561
Nov 200306528.804.60$299
Oct 200307928.174.76$376
Sep 200305926.314.75$280
Aug 2003018729.765.13$959
Jul 2003015629.415.17$807
Jun 2003042228.565.98$2,525
May 2003049226.595.97$2,939
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20038030.315.58$242
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 200201,94325.963.16$6,148
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 200101,02125.524.31$4,398
Apr 200104,68324.685.34$24,985
Mar 200105,26024.545.38$28,280
Feb 200103,97227.755.77$22,907
Jan 200104,78527.478.40$40,188
Dec 200005,00526.889.12$45,658
Nov 200005,36032.215.66$30,327
Oct 200005,04031.235.15$25,933
Sep 200005,32631.875.19$27,623
Aug 200004,55229.644.54$20,669
Jul 200006,78928.534.09$27,765
Jun 200008,98629.304.40$39,514
May 200009,87127.263.68$36,323
Apr 200019610,82824.513.12$38,544
Mar 2000012,47028.422.86$35,661
Feb 200008,07027.622.73$22,003
Jan 2000010,97625.272.48$27,226
Dec 1999012,36724.282.42$29,974
Nov 1999010,99823.192.43$26,769
Oct 1999013,43420.982.80$37,665
Sep 1999011,79421.752.62$30,887
Aug 1999012,95319.262.88$37,248
Jul 199919217,48917.892.37$44,925
Jun 1999013,29115.942.36$31,395
May 1999015,91615.792.32$36,941
Apr 1999014,90215.102.21$32,904
Mar 1999014,97712.471.84$27,533
Feb 1999011,3299.981.82$20,594
Jan 1999014,49410.381.90$27,538
Dec 1998014,9179.201.77$26,453
Nov 1998014,55410.892.19$31,811
Oct 1998017,56812.421.97$34,595
Sep 1998017,85312.592.08$37,181
Aug 1998018,65711.301.91$35,585
Jul 199833519,59011.742.24$47,761
Jun 1998020,79311.242.24$46,520
May 1998020,14412.622.21$44,445
Apr 1998019,83713.042.51$49,698
Mar 1998022,01112.802.31$50,833
Feb 1998021,18113.952.30$48,698
Jan 1998023,66014.702.15$50,982
Dec 1997026,49516.322.41$63,882
Nov 1997028,80218.193.09$88,948
Oct 1997035,21119.253.15$110,908
Sep 199733637,69517.742.95$117,345
Aug 1997038,39517.862.55$98,089
Jul 199719444,15217.582.25$102,617
Jun 1997037,20617.242.26$83,981
May 1997036,48018.972.31$84,214
Apr 1997037,50117.882.08$78,106
Mar 1997041,87218.951.94$81,196
Feb 1997049,57720.492.21$109,362
Jan 1997068,94123.483.54$244,030
Dec 199633866,38523.32$7,882
Nov 1996075,09121.97$0
Oct 19960101,89923.31$0
Sep 19960110,90122.22$0
Aug 1996179126,93520.26$3,627
Jul 19960142,93219.55$0
Jun 19960185,52318.73$0
May 1996190167,09519.43$3,692
Apr 1996588197,21421.51$12,648
Mar 1996192234,33619.38$3,721
Feb 19960275,05616.98$0
Jan 1996796337,40317.07$13,588
Dec 1995962445,14117.19$16,537
Nov 19951,372401,12816.00$21,952
Oct 1995196434,97615.43$3,024
Sep 19950202,63516.18$0
Aug 199506,72115.92$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.

Sep 2007 — as filed, then multipliedworked
Condensate            40 bbl  × $ 75.84 =     $3,034
Gas                    0 Mcf  × $  6.24 =         $0

────────────────────────────────────────────────────
Month total                                   $3,034

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. 03/G/156965 is the state's own key, not one this site invented.