GRACE

Operated by E2 OPERATING LLC (P-5 238475) in the FORT TRINIDAD, EAST (BUDA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 26434District 03Field 32157071OilCasinghead gasSaveExport
Value, all time
$10.0 M
Jun 2013 – May 2026
Value, last 12 filed months
$53
at the published price for each month
Months reported
156
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 310 leases and 403 wells, and the rule below applies to all of them.

Discovered
1965-04-27
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2016-02-23.

The Commission's schedule remark for this field reads: DUE TO COMPUTER RESTRAINTS THE HIGHEST POSSIBLE TOP IS 3499

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
OilDisposition112,380 bbl$8,380,382
Casinghead gasProduction434,819 Mcf$1,601,880
Total$9,982,262

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 30.9844, -95.7739. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.98438, -95.77389 · 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
10,787 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 10,787 ft.

Completions filed
Jun 2013
1 of 1 wells

1 well

42-31330985110,787 ftJun 2013

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 (156)

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

156 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250762.743.08$22
Aug 20250663.933.01$18
Jul 20250466.743.32$13
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 2025116074.324.28$8,621
Dec 2024116068.993.12$8,003
Nov 202460069.052.20$4,143
Oct 2024290071.372.28$20,697
Sep 20240069.612.36$0
Aug 2024353075.632.06$26,697
Jul 202482079.932.15$6,554
Jun 2024177078.082.63$13,820
May 20241554778.812.20$12,319
Apr 20240084.451.66$0
Mar 2024184080.301.55$14,775
Feb 2024189676.091.78$14,392
Jan 202402973.023.30$96
Dec 20230071.262.61$0
Nov 20231811777.892.81$14,146
Oct 202318410585.443.09$16,045
Sep 2023394989.042.74$35,106
Aug 20231714580.522.67$13,889
Jul 20231639974.852.64$12,462
Jun 20233454168.962.26$23,884
May 20233592370.622.23$25,404
Apr 20233754478.122.24$29,393
Mar 20231794672.852.39$13,150
Feb 202301875.112.47$44
Jan 2023176676.533.39$13,490
Dec 20223465376.415.73$26,742
Nov 20225222085.005.65$44,483
Oct 20225456487.185.86$47,888
Sep 202255015984.888.16$47,982
Aug 202272619994.529.13$70,438
Jul 2022562299101.587.54$59,343
Jun 202235717115.097.98$41,223
May 2022183156109.378.43$21,330
Apr 2022542331104.226.84$58,750
Mar 2022533143108.885.08$58,759
Feb 202234817691.054.86$32,541
Jan 202236123881.844.54$30,624
Dec 202135438271.323.90$26,737
Nov 2021357077.435.24$27,643
Oct 202152947479.795.71$44,917
Sep 202134928469.865.35$25,901
Aug 202118030566.024.22$13,171
Jul 202153825570.783.98$39,095
Jun 202117722369.493.38$13,054
May 20215424963.483.02$34,554
Apr 202118316560.362.76$11,501
Mar 202118421961.302.72$11,874
Feb 202117334057.805.55$11,886
Jan 202123127450.412.81$12,415
Dec 202038939644.642.68$18,424
Nov 202018053538.772.71$8,427
Oct 202036177336.972.48$15,262
Sep 202036062937.091.99$14,605
Aug 202071083039.982.39$30,365
Jul 2020039138.371.83$714
Jun 202017769434.901.69$7,350
May 2020051916.921.81$942
Apr 2020070314.751.80$1,268
Mar 2020040230.341.86$746
Feb 202052528449.881.98$26,750
Jan 202035317957.252.09$20,584
Dec 201917632259.012.30$11,128
Nov 201918039355.302.75$11,035
Oct 201953772553.472.42$30,467
Sep 201969883855.052.66$40,652
Aug 201953391453.112.30$30,414
Jul 201953578756.272.46$32,041
Jun 201970561852.782.49$38,749
May 201934954958.482.74$21,914
Apr 201954372262.632.75$35,994
Mar 201936666456.803.06$22,822
Feb 201917761550.852.79$10,718
Jan 201936879946.033.23$19,518
Dec 201854193146.594.19$29,102
Nov 201817767352.934.24$12,220
Oct 201836874761.443.40$25,148
Sep 20183621,05059.543.11$24,817
Aug 20187171,24259.403.07$46,398
Jul 201834889765.142.93$25,299
Jun 201834896560.183.08$23,912
May 20183571,05465.382.90$26,398
Apr 201853897763.842.90$37,180
Mar 201853497061.222.79$35,395
Feb 20185531,17561.782.77$37,415
Jan 20185491,27962.874.01$39,644
Dec 20177381,23257.272.92$45,865
Nov 201755198455.423.12$33,605
Oct 20177021,37649.292.98$38,707
Sep 20177242,00547.523.09$40,594
Aug 20177131,92645.373.00$38,135
Jul 20175332,21943.873.09$30,233
Jun 20177152,03342.493.09$36,657
May 20175501,16245.373.26$28,746
Apr 20175511,42847.933.21$30,996
Mar 20175511,42946.772.98$30,034
Feb 20175571,43850.452.95$32,346
Jan 20177341,11149.413.42$40,065
Dec 201655291948.763.72$30,337
Nov 20167251,24542.492.64$34,097
Oct 20167431,53046.193.09$39,047
Sep 20161,1041,91241.553.10$51,800
Aug 20167211,91241.442.92$35,470
Jul 20167221,95341.622.92$35,761
Jun 20169102,34445.352.69$47,564
May 20165462,81542.521.99$28,821
Apr 20167302,26636.561.99$31,201
Mar 20167292,57433.011.79$28,682
Feb 20167342,42926.472.06$24,442
Jan 20161,2982,73827.352.36$41,974
Dec 20151,1112,64832.362.00$41,252
Nov 20151,1042,85038.792.17$49,001
Oct 20158853,92543.552.43$48,066
Sep 20151,0633,73442.992.76$55,998
Aug 20151,0584,18240.162.87$54,502
Jul 20158893,98648.152.95$54,544
Jun 20151,0505,52956.152.88$74,897
May 20151,606055.212.96$88,667
Apr 20151,2374,59149.822.71$74,053
Mar 20151,4339,76142.892.93$90,107
Feb 20151,2639,43644.662.98$84,489
Jan 20151,6188,64743.433.10$97,081
Dec 20141,6459,06354.693.59$122,514
Nov 20141,1048,98070.464.25$115,969
Oct 20141,4026,98678.303.90$137,029
Sep 20141,5944,21986.164.05$154,407
Aug 20141,4364,31989.394.04$145,792
Jul 20141,7474,01696.564.18$185,476
Jun 20141,9565,86798.164.74$219,792
May 20141,5837,87394.734.73$187,170
Apr 20141,60310,83395.944.81$205,889
Mar 20141,6319,42795.895.06$204,067
Feb 20141,3649,11197.406.19$189,269
Jan 20142,31712,13990.404.86$268,461
Dec 20132,26816,63791.824.35$280,693
Nov 20132,31017,55988.853.74$270,884
Oct 20132,68620,79397.423.78$340,254
Sep 20134,16627,043104.113.72$534,261
Aug 20135,96633,007104.253.52$738,226
Jul 201313,47555,645102.523.72$1,588,331
Jun 20133,44237,41594.403.93$472,093

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 2025 — as filed, then multipliedworked
Oil                    0 bbl  × $ 62.74 =         $0
Casinghead gas         7 Mcf  × $  3.08 =        $22

────────────────────────────────────────────────────
Month total                                      $22

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/26434 is the state's own key, not one this site invented.