GRIER

Name: GRIER lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by NADEL AND GUSSMAN, L.L.C. (P-5 598935) in the MARTHA JO (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 2953District 05Field 57769500OilCasinghead gasSave Export

Value, all time

$1.2 M

Jan 1993 – Aug 2005

Value, last 12 filed months

$14 k

at the published price for each month

Months reported

152

no gaps in the span

Streams

oil, casinghead gas

The MARTHA JO (TRAVIS PEAK) field

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 7 leases and 8 wells, and the rule below applies to all of them.

Discovered

1985-10-15

as the register files it

Field class

Oil and gas

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA EFFECTIVE 08/01/86.”

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.

Stream	Basis	Volume	Value
Oil	Disposition	56,991 bbl	$1,047,982
Casinghead gas	Production	310,719 Mcf	$144,893
Total			$1,192,875

247,930 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 32.2495, -95.5290. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.24954, -95.52898 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

2 of 2 wells

Median depth

10,567 ft

2 wells filed one

Completion to plug

13.3 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

2100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

2100.0%

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 10,498 and 10,635 ft, median 10,567 ft, over the 2 wells that filed a depth.

Completions filed

Jun 1991 – Aug 1992

2 of 2 wells

Plug dates filed

May 2005

2 of 2 wells

Last completion to plug: a median of 13.3 years across the 2 wells that filed both dates, with the middle half between 13.1 years and 13.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-21330552	2	10,635 ft	Aug 1992	May 2005	Yes
42-21330511	1	10,498 ft	Jun 1991	May 2005	Yes

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 (152)

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

152 months


Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	56	0	52.33	7.38	$2,930
May 2005	79	0	45.22	6.65	$3,572
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	177	0	43.24	5.28	$7,653
Aug 2004	177	0	42.37	5.55	$7,499
Jul 2004	176	0	38.28	6.08	$6,737
Jun 2004	1	0	36.10	6.43	$36
May 2004	178	0	37.48	6.49	$6,671
Apr 2004	177	0	34.47	5.86	$6,101
Mar 2004	183	0	34.36	5.53	$6,288
Feb 2004	180	0	32.45	5.51	$5,841
Jan 2004	180	0	32.03	6.30	$5,765
Dec 2003	183	0	30.26	6.30	$5,538
Nov 2003	179	0	28.80	4.60	$5,155
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	181	0	26.31	4.75	$4,762
Aug 2003	176	0	29.76	5.13	$5,238
Jul 2003	179	0	29.41	5.17	$5,264
Jun 2003	1	0	28.56	5.98	$29
May 2003	185	0	26.59	5.97	$4,919
Apr 2003	179	0	26.67	5.41	$4,774
Mar 2003	181	0	31.14	6.10	$5,636
Feb 2003	191	0	33.48	7.93	$6,395
Jan 2003	192	0	30.31	5.58	$5,820
Dec 2002	194	0	26.91	4.85	$5,221
Nov 2002	195	0	24.66	4.14	$4,809
Oct 2002	180	0	26.46	4.23	$4,763
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	179	0	25.96	3.16	$4,647
Jul 2002	181	0	24.58	3.06	$4,449
Jun 2002	186	0	23.73	3.34	$4,414
May 2002	191	0	24.66	3.58	$4,710
Apr 2002	176	0	23.65	3.51	$4,162
Mar 2002	188	0	22.00	3.10	$4,136
Feb 2002	194	0	18.22	2.38	$3,535
Jan 2002	194	0	17.17	2.38	$3,331
Dec 2001	180	0	16.93	2.36	$3,047
Nov 2001	179	0	18.07	2.41	$3,235
Oct 2001	189	0	19.78	2.53	$3,738
Sep 2001	180	0	24.26	2.25	$4,367
Aug 2001	182	0	24.87	3.05	$4,526
Jul 2001	179	0	23.93	3.20	$4,283
Jun 2001	189	0	24.56	3.82	$4,642
May 2001	182	0	25.52	4.31	$4,645
Apr 2001	191	0	24.68	5.34	$4,714
Mar 2001	181	0	24.54	5.38	$4,442
Feb 2001	180	0	27.75	5.77	$4,995
Jan 2001	177	0	27.47	8.40	$4,862
Dec 2000	354	0	26.88	9.12	$9,516
Nov 2000	364	0	32.21	5.66	$11,724
Oct 2000	374	0	31.23	5.15	$11,680
Sep 2000	346	0	31.87	5.19	$11,027
Aug 2000	176	0	29.64	4.54	$5,217
Jul 2000	181	63	28.53	4.09	$5,422
Jun 2000	544	206	29.30	4.40	$16,845
May 2000	0	239	27.26	3.68	$879
Apr 2000	556	344	24.51	3.12	$14,699
Mar 2000	379	480	28.42	2.86	$12,144
Feb 2000	0	186	27.62	2.73	$507
Jan 2000	400	1,145	25.27	2.48	$12,948
Dec 1999	597	1,032	24.28	2.42	$16,996
Nov 1999	401	199	23.19	2.43	$9,784
Oct 1999	395	2,017	20.98	2.80	$13,942
Sep 1999	986	1,862	21.75	2.62	$26,322
Aug 1999	0	604	19.26	2.88	$1,737
Jul 1999	380	325	17.89	2.37	$7,569
Jun 1999	593	361	15.94	2.36	$10,305
May 1999	576	1,993	15.79	2.32	$13,721
Apr 1999	588	1,745	15.10	2.21	$12,732
Mar 1999	401	1,890	12.47	1.84	$8,475
Feb 1999	754	1,979	9.98	1.82	$11,122
Jan 1999	595	2,915	10.38	1.90	$11,714
Dec 1998	577	2,265	9.20	1.77	$9,325
Nov 1998	403	2,912	10.89	2.19	$10,753
Oct 1998	1,191	3,105	12.42	1.97	$20,907
Sep 1998	198	3,218	12.59	2.08	$9,195
Aug 1998	567	3,437	11.30	1.91	$12,963
Jul 1998	389	3,478	11.74	2.24	$12,348
Jun 1998	775	643	11.24	2.24	$10,150
May 1998	568	1,248	12.62	2.21	$9,922
Apr 1998	581	1,469	13.04	2.51	$11,257
Mar 1998	200	1,295	12.80	2.31	$5,551
Feb 1998	191	659	13.95	2.30	$4,180
Jan 1998	202	1,470	14.70	2.15	$6,137
Dec 1997	590	730	16.32	2.41	$11,389
Nov 1997	561	1,027	18.19	3.09	$13,376
Oct 1997	193	1,807	19.25	3.15	$9,407
Sep 1997	378	1,670	17.74	2.95	$11,640
Aug 1997	971	1,816	17.86	2.55	$21,981
Jul 1997	380	1,986	17.58	2.25	$11,143
Jun 1997	395	2,302	17.24	2.26	$12,006
May 1997	932	1,882	18.97	2.31	$22,025
Apr 1997	389	1,916	17.88	2.08	$10,946
Mar 1997	195	833	18.95	1.94	$5,311
Feb 1997	0	751	20.49	2.21	$1,657
Jan 1997	186	1,285	23.48	3.54	$8,916
Dec 1996	0	1,884	23.32	—	$0
Nov 1996	381	2,134	21.97	—	$8,371
Oct 1996	0	2,075	23.31	—	$0
Sep 1996	359	3,750	22.22	—	$7,977
Aug 1996	199	4,150	20.26	—	$4,032
Jul 1996	375	3,466	19.55	—	$7,331
Jun 1996	183	4,356	18.73	—	$3,428
May 1996	379	3,433	19.43	—	$7,364
Apr 1996	174	1,645	21.51	—	$3,743
Mar 1996	192	2,318	19.38	—	$3,721
Feb 1996	191	1,770	16.98	—	$3,243
Jan 1996	197	2,095	17.07	—	$3,363
Dec 1995	218	3,670	17.19	—	$3,747
Nov 1995	371	3,312	16.00	—	$5,936
Oct 1995	186	3,502	15.43	—	$2,870
Sep 1995	379	2,050	16.18	—	$6,132
Aug 1995	367	2,677	15.92	—	$5,843
Jul 1995	573	3,295	15.24	—	$8,733
Jun 1995	369	3,166	16.41	—	$6,055
May 1995	363	4,366	17.56	—	$6,374
Apr 1995	749	4,134	17.73	—	$13,280
Mar 1995	561	4,982	16.44	—	$9,223
Feb 1995	554	4,056	16.58	—	$9,185
Jan 1995	746	4,931	15.92	—	$11,876
Dec 1994	743	4,842	15.03	—	$11,167
Nov 1994	564	5,096	15.90	—	$8,968
Oct 1994	742	5,983	15.58	—	$11,560
Sep 1994	747	6,594	15.29	—	$11,422
Aug 1994	562	5,513	16.13	—	$9,065
Jul 1994	570	7,109	17.56	—	$10,009
Jun 1994	722	6,833	17.09	—	$12,339
May 1994	747	6,188	15.88	—	$11,862
Apr 1994	759	6,829	14.14	—	$10,732
Mar 1994	775	7,124	12.46	—	$9,657
Feb 1994	766	6,466	12.50	—	$9,575
Jan 1994	772	7,066	12.66	—	$9,774
Dec 1993	951	7,490	12.33	—	$11,726
Nov 1993	958	7,207	14.49	—	$13,881
Oct 1993	944	8,553	15.85	—	$14,962
Sep 1993	732	7,963	15.03	—	$11,002
Aug 1993	927	8,012	15.66	—	$14,517
Jul 1993	1,090	8,839	15.46	—	$16,851
Jun 1993	916	8,327	16.79	—	$15,380
May 1993	918	8,723	17.68	—	$16,230
Apr 1993	1,140	7,626	18.05	—	$20,577
Mar 1993	963	7,570	18.14	—	$17,469
Feb 1993	1,155	6,535	17.90	—	$20,675
Jan 1993	1,172	8,225	16.93	—	$19,842

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.

Jun 2005 — as filed, then multipliedworked

Oil                   56 bbl  × $ 52.33 =     $2,930
Casinghead gas         0 Mcf  × $  7.38 =         $0

────────────────────────────────────────────────────
Month total                                   $2,930

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. 05/O/2953 is the state's own key, not one this site invented.