GRAY, J.C.

Operated by CRATON OPERATING LLC (P-5 186717) in the WILLOW SPRINGS (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 146938District 06Field 977521002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.2 M
Sep 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
393
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 398 leases and 398 wells, and the rule below applies to all of them.

Discovered
1975-07-10
as the register files it
Field class
Gas
the register's own label
Between wells
600 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2016-10-25.

The Commission's schedule remark for this field reads: SINGLE RESERVOIR. PLEASE REFER TO ORDER FOR TAKE POINTS.

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 Gas111994-06-22130266
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
CondensateDisposition10,202 bbl$200,172
GasProduction1,206,194 Mcf$1,030,035
Total$1,230,206

857,406 Mcf of this lease's gas, across 40 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 32.5729, -94.7997. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.57292, -94.79969 · 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
10,790 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 10,790 ft.

Completions filed
Sep 1993
1 of 1 wells

1 well

42-18331033210,790 ftSep 1993

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 (393)

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

393 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 20250062.743.08$0
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 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 2011971998.134.40$9,602
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100572.633.98$20
Aug 201004773.684.42$208
Jul 201005072.554.74$237
Jun 201001870.364.91$88
May 20100371.124.24$13
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 2010021574.365.96$1,282
Dec 2009025571.445.48$1,398
Nov 2009021574.593.75$807
Oct 2009010872.544.11$444
Sep 2009012765.543.06$389
Aug 2009015967.423.22$512
Jul 2009016361.133.46$565
Jun 2009015966.163.90$619
May 2009019854.743.93$777
Apr 2009018546.773.59$664
Mar 2009019842.144.06$804
Feb 2009016432.814.63$760
Jan 2009015435.865.37$827
Dec 2008020437.105.98$1,219
Nov 2008019155.496.86$1,310
Oct 2008030275.246.92$2,090
Sep 20080227101.767.88$1,788
Aug 20080111114.228.48$942
Jul 20080188131.0811.39$2,141
Jun 2008064131.3313.03$834
May 20080195123.1711.57$2,257
Apr 20080257110.3110.45$2,687
Mar 20080133101.909.66$1,285
Feb 2008012092.538.77$1,052
Jan 2008020990.388.21$1,715
Dec 2007022088.337.30$1,606
Nov 2007018891.677.29$1,371
Oct 20071182.856.92$90
Sep 200701775.846.24$106
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 2007303062.007.55$18,786
May 2007016958.747.85$1,326
Apr 200707959.617.81$617
Mar 2007026856.927.30$1,957
Feb 2007029155.108.22$2,391
Jan 200717951950.306.73$12,495
Dec 2006014156.656.92$976
Nov 2006054554.207.62$4,152
Oct 2006073954.906.01$4,444
Sep 2006014360.085.04$720
Aug 2006089768.717.34$6,584
Jul 2006049969.376.34$3,165
Jun 2006034966.286.38$2,228
May 2006064666.016.42$4,151
Apr 200605264.397.36$383
Mar 200604456.707.08$312
Feb 200608557.597.75$659
Jan 200602560.598.93$223
Dec 200507454.9413.42$993
Nov 200508954.6910.59$942
Oct 200507858.3413.80$1,076
Sep 200501861.4512.08$217
Aug 200508761.519.80$852
Jul 200502855.697.84$220
Jun 200506852.337.38$502
May 200504445.226.65$293
Apr 200503249.207.36$236
Mar 200501250.377.15$86
Feb 2005012445.226.31$783
Jan 200504443.166.32$278
Dec 200407439.866.75$500
Nov 200409445.286.33$595
Oct 200401049.706.52$65
Sep 200405543.245.28$291
Aug 200401942.375.55$105
Jul 200406738.286.08$408
Jun 2004087136.106.43$5,603
May 2004083537.486.49$5,423
Apr 200401,18534.475.86$6,942
Mar 200401,29934.365.53$7,184
Feb 2004077332.455.51$4,259
Jan 2004076932.036.30$4,844
Dec 20031121,67330.266.30$13,932
Nov 200301,61228.804.60$7,407
Oct 200302,01528.174.76$9,591
Sep 2003081826.314.75$3,885
Aug 2003038929.765.13$1,995
Jul 2003070029.415.17$3,620
Jun 2003034428.565.98$2,058
May 200301,29026.595.97$7,705
Apr 200301,68026.675.41$9,084
Mar 200301,50331.146.10$9,162
Feb 200301,82833.487.93$14,489
Jan 200302,08330.315.58$11,627
Dec 200201,53326.914.85$7,441
Nov 200201,79124.664.14$7,409
Oct 200201,38926.464.23$5,874
Sep 20021451,86727.443.64$10,766
Aug 200202,62325.963.16$8,300
Jul 200202,17524.583.06$6,659
Jun 200201,54723.733.34$5,164
May 200202,16624.663.58$7,763
Apr 200202,66123.653.51$9,346
Mar 2002036322.003.10$1,126
Feb 200201,16618.222.38$2,770
Jan 200201,73417.172.38$4,119
Dec 200102,41016.932.36$5,698
Nov 200101,96618.072.41$4,729
Oct 200101,52719.782.53$3,862
Sep 200101,93724.262.25$4,361
Aug 200101,96924.873.05$6,012
Jul 200102,00623.933.20$6,413
Jun 20011562,32224.563.82$12,711
May 20010025.524.31$0
Apr 200101,65024.685.34$8,803
Mar 20010024.545.38$0
Feb 2001026227.755.77$1,511
Jan 200102,35927.478.40$19,813
Dec 200002,71326.889.12$24,749
Nov 200001,06632.215.66$6,031
Oct 2000039531.235.15$2,032
Sep 200018219731.875.19$6,822
Aug 200001,09529.644.54$4,972
Jul 200001,69528.534.09$6,932
Jun 200044,89929.304.40$21,659
May 200003,27927.263.68$12,066
Apr 200003,08224.513.12$9,604
Mar 200004,12628.422.86$11,799
Feb 200004,16527.622.73$11,356
Jan 200002,92525.272.48$7,255
Dec 199903,93024.282.42$9,525
Nov 199904,75023.192.43$11,561
Oct 19991795,32120.982.80$18,674
Sep 199905,75221.752.62$15,064
Aug 199905,03019.262.88$14,464
Jul 199903,87417.892.37$9,191
Jun 199904,34215.942.36$10,256
May 199907,45315.792.32$17,299
Apr 199907,41915.102.21$16,382
Mar 19991697,28912.471.84$15,507
Feb 199907,1889.981.82$13,066
Jan 199908,39610.381.90$15,952
Dec 199809,3539.201.77$16,586
Nov 199808,42810.892.19$18,421
Oct 1998010,09512.421.97$19,879
Sep 199814210,41112.592.08$23,470
Aug 1998010,83811.301.91$20,672
Jul 1998010,97411.742.24$24,552
Jun 1998010,34411.242.24$23,142
May 199818513,20612.622.21$31,472
Apr 1998112,22113.042.51$30,631
Mar 19981975,28712.802.31$14,732
Feb 199814,71013.952.30$10,843
Jan 199803,69814.702.15$7,968
Dec 199705,58516.322.41$13,466
Nov 19971954,51518.193.09$17,491
Oct 199703,25119.253.15$10,240
Sep 199703,87717.742.95$11,456
Aug 199703,34617.862.55$8,548
Jul 19971875,89417.582.25$16,531
Jun 199704,36017.242.26$9,841
May 199705,67618.972.31$13,103
Apr 199707,48617.882.08$15,592
Mar 19971947,78818.951.94$18,778
Feb 199706,73820.492.21$14,863
Jan 19971997,65923.483.54$31,783
Dec 199605,70923.32$0
Nov 199605,65321.97$0
Oct 19962016,44123.31$4,685
Sep 199607,43822.22$0
Aug 199607,39420.26$0
Jul 19961989,69219.55$3,871
Jun 199609,05518.73$0
May 199609,39019.43$0
Apr 19961929,39821.51$4,130
Mar 1996012,20319.38$0
Feb 19961839,62316.98$3,107
Jan 199618911,58517.07$3,226
Dec 1995010,18817.19$0
Nov 199518712,28116.00$2,992
Oct 1995013,40515.43$0
Sep 199518713,70916.18$3,026
Aug 199518514,65415.92$2,945
Jul 1995015,36315.24$0
Jun 199518515,90416.41$3,036
May 199518116,81217.56$3,178
Apr 199518217,49317.73$3,227
Mar 199518119,29716.44$2,976
Feb 199518318,46616.58$3,034
Jan 199518718,93615.92$2,977
Dec 199419021,65115.03$2,856
Nov 199418822,44615.90$2,989
Oct 199436824,82615.58$5,733
Sep 199418625,55215.29$2,844
Aug 199437627,87316.13$6,065
Jul 199418430,01417.56$3,231
Jun 199437831,59217.09$6,460
May 199437035,34415.88$5,876
Apr 199438330,82814.14$5,416
Mar 199438834,42312.46$4,834
Feb 1994425,48412.50$50
Jan 199420046,00812.66$2,532
Dec 199337050,66812.33$4,562
Nov 199319954,79014.49$2,884
Oct 199378164,67415.85$12,379
Sep 199318841,14415.03$2,826

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 2011 — as filed, then multipliedworked
Condensate            97 bbl  × $ 98.13 =     $9,519
Gas                   19 Mcf  × $  4.40 =        $84

────────────────────────────────────────────────────
Month total                                   $9,602

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. 06/G/146938 is the state's own key, not one this site invented.