GRAHAM-MYNAR UNIT

Operated by SAGE ENERGY COMPANY (P-5 743215) in the GIDDINGS (AUSTIN CHALK-3) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14161District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.1 M
Jan 1993 – Feb 2004
Value, last 12 filed months
$17 k
at the published price for each month
Months reported
134
no gaps in the span
Streams
2
oil, casinghead 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 5,900 leases and 6,985 wells, and the rule below applies to all of them.

Discovered
1960-10-29
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 2025-09-30.

The Commission's schedule remark for this field reads: DKT OG-25-00028011: UFT FIELD, ALLOCATION FORMULA SUSPENDED

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
OilDisposition49,889 bbl$805,019
Casinghead gasProduction264,810 Mcf$281,533
Total$1,086,552

170,465 Mcf of this lease's gas, across 48 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 (2)

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 30.6422, -95.5084. A lease has no coordinate of its own — that point is the mean of its wells, and they span 136.8 miles, so treat it as the lease's centre and not as its location.

30.64215, -95.50840 · 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%
2 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
10,727 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
2100.0%
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.
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

Between 8,342 and 13,111 ft, median 10,727 ft, over the 2 wells that filed a depth.

Completions filed
Apr 1981 – Dec 2001
2 of 2 wells

2 wells

42-45730542113,111 ftDec 2001Yes
42-0513113318,342 ftApr 1981Yes

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 (134)

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

134 months

Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 2003187030.266.30$5,659
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 2003011529.765.13$590
Jul 2003032129.415.17$1,660
Jun 2003037128.565.98$2,220
May 2003036626.595.97$2,186
Apr 2003049826.675.41$2,693
Mar 2003040531.146.10$2,469
Feb 2003037633.487.93$2,980
Jan 2003041530.315.58$2,317
Dec 2002054226.914.85$2,631
Nov 2002080624.664.14$3,334
Oct 2002072226.464.23$3,053
Sep 200218270027.443.64$7,539
Aug 2002077225.963.16$2,443
Jul 2002082124.583.06$2,514
Jun 2002076523.733.34$2,554
May 200218080424.663.58$7,320
Apr 2002082723.653.51$2,905
Mar 2002073922.003.10$2,293
Feb 2002057118.222.38$1,357
Jan 200219271217.172.38$4,988
Dec 2001068216.932.36$1,613
Nov 2001068818.072.41$1,655
Oct 200119781719.782.53$5,963
Sep 2001090324.262.25$2,033
Aug 200101,00024.873.05$3,053
Jul 2001074423.933.20$2,379
Jun 20011851,05524.563.82$8,578
May 200101,05125.524.31$4,527
Apr 20011881,14424.685.34$10,743
Mar 2001163624.545.38$3,444
Feb 2001047327.755.77$2,728
Jan 2001050627.478.40$4,250
Dec 2000069526.889.12$6,340
Nov 2000088732.215.66$5,019
Oct 20001901,00331.235.15$11,095
Sep 200001,00931.875.19$5,233
Aug 2000095429.644.54$4,332
Jul 20001841,09128.534.09$9,711
Jun 200001,32529.304.40$5,826
May 200001,32027.263.68$4,857
Apr 20001871,03424.513.12$7,805
Mar 200001,30028.422.86$3,718
Feb 20001761,06227.622.73$7,757
Jan 200001,24225.272.48$3,081
Dec 1999099524.282.42$2,412
Nov 19991961,14923.192.43$7,342
Oct 199901,18320.982.80$3,317
Sep 199901,24821.752.62$3,268
Aug 199901,36219.262.88$3,917
Jul 19991851,13317.892.37$5,998
Jun 19991901,39315.942.36$6,319
May 199901,50115.792.32$3,484
Apr 199901,34615.102.21$2,972
Mar 19991951,33312.471.84$4,882
Feb 199901,4699.981.82$2,670
Jan 199901,63110.381.90$3,099
Dec 19981871,3399.201.77$4,095
Nov 199801,33310.892.19$2,914
Oct 19981841,34412.421.97$4,932
Sep 19981771,40212.592.08$5,148
Aug 199811,39511.301.91$2,672
Jul 199801,48011.742.24$3,311
Jun 19981831,43511.242.24$5,267
May 19981841,37712.622.21$5,360
Apr 19981811,37913.042.51$5,815
Mar 199801,33312.802.31$3,078
Feb 19981941,26213.952.30$5,608
Jan 199811,45314.702.15$3,146
Dec 19971851,52716.322.41$6,701
Nov 199701,51418.193.09$4,676
Oct 19971832,05219.253.15$9,986
Sep 199702,39017.742.95$7,062
Aug 19971853,03917.862.55$11,068
Jul 19971883,36817.582.25$10,873
Jun 199712,56417.242.26$5,805
May 19971902,65918.972.31$9,743
Apr 19971882,49517.882.08$8,558
Mar 19971962,24218.951.94$8,062
Feb 19973871,84620.492.21$12,002
Jan 199712,10523.483.54$7,475
Dec 19963772,57123.32$8,792
Nov 19963742,67621.97$8,217
Oct 199602,88423.31$0
Sep 19961882,95422.22$4,177
Aug 199612,58820.26$20
Jul 19961812,54119.55$3,539
Jun 199601,90918.73$0
May 19962522,21419.43$4,896
Apr 199602,08921.51$0
Mar 19962682,33319.38$5,194
Feb 199612,11216.98$17
Jan 19962592,38817.07$4,421
Dec 199512,61717.19$17
Nov 19951712,56916.00$2,736
Oct 19953782,90115.43$5,833
Sep 199512,66016.18$16
Aug 19953143,18215.92$4,999
Jul 199503,43715.24$0
Jun 19952572,83816.41$4,217
May 19953843,93217.56$6,743
Apr 19954684,12917.73$8,298
Mar 19955864,33016.44$9,634
Feb 19955914,36716.58$9,799
Jan 19951,1336,12715.92$18,037
Dec 19941,3925,95315.03$20,922
Nov 19941,6615,36315.90$26,410
Oct 19941,4745,74515.58$22,965
Sep 19941,7615,70615.29$26,926
Aug 19941,6845,91616.13$27,163
Jul 19941,9316,43717.56$33,908
Jun 19941,8264,55617.09$31,206
May 19941,8153,35715.88$28,822
Apr 19941,6732,26214.14$23,656
Mar 19941,7902,39712.46$22,303
Feb 19941,9572,19912.50$24,463
Jan 19941,7832,45912.66$22,573
Dec 19932,0902,75212.33$25,770
Nov 19932,5802,92314.49$37,384
Oct 19932,1902,72915.85$34,712
Sep 19931,7181,97315.03$25,822
Aug 19931,0633,21915.66$16,647
Jul 19939574,86715.46$14,795
Jun 19931,0194,66016.79$17,109
May 19931,1205,42217.68$19,802
Apr 19939635,03718.05$17,382
Mar 19931,5665,64618.14$28,407
Feb 19931,5474,98417.90$27,691
Jan 19933331,55516.93$5,638

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.

Dec 2003 — as filed, then multipliedworked
Oil                  187 bbl  × $ 30.26 =     $5,659
Casinghead gas         0 Mcf  × $  6.30 =         $0

────────────────────────────────────────────────────
Month total                                   $5,659

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/O/14161 is the state's own key, not one this site invented.