GRAGG GU 3

Operated by VENTEX OPERATING CORP. (P-5 884527) in the BETHEL DOME, E. (MASS. RODESSA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 177997District 06Field 075582502 tax incentive programmesCondensateGasSaveExport
Value, all time
$29.1 M
May 2000 – Jun 2018
Value, last 12 filed months
$39 k
at the published price for each month
Months reported
218
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1999-01-08
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2000-01-25.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 11/01/2000.

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 Gas112009-01-13188455
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
CondensateDisposition1,421 bbl$73,648
GasProduction5,539,566 Mcf$29,064,393
Total$29,138,041

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 31.8814, -95.9150. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.88141, -95.91496 · 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
10,636 ft
1 wells filed one
Completion to plug
7.7 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 10,636 ft.

Completions filed
Nov 2017
1 of 1 wells
Plug dates filed
Jul 2025
1 of 1 wells

Last completion to plug: a median of 7.7 years across the 1 well that filed both dates, with the middle half between 7.7 years and 7.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-001323173R10,636 ftNov 2017Jul 2025Yes

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 (218)

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

218 months

Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 2018169061.782.77$10,441
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 201718428749.292.98$9,926
Sep 2017057947.523.09$1,788
Aug 201702,68445.373.00$8,064
Jul 201702,78743.873.09$8,604
Jun 201701,87642.493.09$5,792
May 2017053945.373.26$1,759
Apr 201702,18947.933.21$7,030
Mar 201701,88246.772.98$5,615
Feb 201701,75450.452.95$5,179
Jan 201703,26149.413.42$11,149
Dec 201606,10548.763.72$22,728
Nov 201604,96942.492.64$13,140
Oct 201604,31646.193.09$13,338
Sep 201605,36741.553.10$16,641
Aug 201604,55241.442.92$13,312
Jul 201602,92441.622.92$8,551
Jun 201603,51345.352.69$9,435
May 201605,42642.521.99$10,803
Apr 201604,27736.561.99$8,516
Mar 201606,14033.011.79$11,015
Feb 201607,73126.472.06$15,954
Jan 201607,78227.352.36$18,399
Dec 201507,59232.362.00$15,195
Nov 201505,52538.792.17$11,975
Oct 201506,27743.552.43$15,232
Sep 201506,67042.992.76$18,399
Aug 201507,06040.162.87$20,280
Jul 201506,47448.152.95$19,066
Jun 201508,34956.152.88$24,069
May 201508,44555.212.96$24,959
Apr 201505,92349.822.71$16,031
Mar 201507,74842.892.93$22,738
Feb 201508,30744.662.98$24,723
Jan 201509,46543.433.10$29,347
Dec 201409,60454.693.59$34,491
Nov 201408,66470.464.25$36,838
Oct 201407,42678.303.90$28,969
Sep 201406,83586.164.05$27,651
Aug 201406,40289.394.04$25,833
Jul 201405,56796.564.18$23,268
Jun 201406,04198.164.74$28,615
May 201407,30994.734.73$34,546
Apr 201407,83695.944.81$37,684
Mar 201405,82695.895.06$29,461
Feb 201407,12297.406.19$44,099
Jan 201405,93990.404.86$28,868
Dec 201309,15591.824.35$39,865
Nov 201308,11788.853.74$30,344
Oct 201309,49997.423.78$35,900
Sep 201308,630104.113.72$32,084
Aug 201308,648104.253.52$30,464
Jul 201309,220102.523.72$34,278
Jun 201304,99394.403.93$19,640
May 201308,31894.834.15$34,512
Apr 201302,19393.964.28$9,392
Mar 201304,52393.623.91$17,698
Feb 2013030891.233.42$1,053
Jan 201306,68691.603.42$22,866
Dec 2012011,73586.773.42$40,136
Nov 2012012,91186.953.62$46,802
Oct 2012011,85889.383.40$40,313
Sep 201205,98194.672.92$17,455
Aug 201202,79192.662.91$8,117
Jul 20120085.133.02$0
Jun 201205,26779.822.52$13,268
May 201207,16391.612.49$17,824
Apr 201207,287101.652.00$14,551
Mar 20121783,647105.052.22$26,803
Feb 201206,844101.102.57$17,591
Jan 2012010,34798.092.73$28,290
Dec 2011014,91196.873.24$48,308
Nov 2011013,37095.723.31$44,272
Oct 2011012,00484.983.65$43,797
Sep 201108,73683.623.99$34,820
Aug 2011011,40483.404.15$47,319
Jul 2011011,56994.144.52$52,260
Jun 2011013,13592.904.64$60,945
May 2011013,19498.134.40$58,117
Apr 2011013,116105.964.33$56,835
Mar 201109,06596.364.06$36,780
Feb 201109,13185.644.18$38,167
Jan 2011013,51186.504.59$61,999
Dec 2010015,55685.734.35$67,634
Nov 2010013,64780.843.80$51,795
Oct 2010015,62778.103.51$54,833
Sep 2010015,30572.633.98$60,906
Aug 2010015,64373.684.42$69,132
Jul 2010015,69472.554.74$74,334
Jun 2010012,23470.364.91$60,074
May 2010016,05771.124.24$68,005
Apr 2010016,70281.694.12$68,857
Mar 2010016,07578.394.39$70,548
Feb 201009,53773.585.44$51,904
Jan 2010012,01274.365.96$71,641
Dec 2009014,47071.445.48$79,350
Nov 2009015,50774.593.75$58,175
Oct 2009015,37572.544.11$63,195
Sep 2009014,30665.543.06$43,844
Aug 2009011,03867.423.22$35,526
Jul 2009010,63161.133.46$36,831
Jun 2009014,37066.163.90$55,971
May 2009016,51754.743.93$64,842
Apr 2009015,70146.773.59$56,327
Mar 2009014,83542.144.06$60,215
Feb 2009012,61332.814.63$58,436
Jan 2009011,58335.865.37$62,212
Dec 2008014,84137.105.98$88,707
Nov 2008016,96855.496.86$116,407
Oct 2008013,16475.246.92$91,121
Sep 200809,741101.767.88$76,731
Aug 2008011,018114.228.48$93,466
Jul 2008017,940131.0811.39$204,326
Jun 2008018,260131.3313.03$237,976
May 2008014,574123.1711.57$168,684
Apr 2008013,161110.3110.45$137,596
Mar 2008016,608101.909.66$160,501
Feb 2008016,04692.538.77$140,733
Jan 2008016,95590.388.21$139,128
Dec 2007016,48088.337.30$120,336
Nov 2007012,97791.677.29$94,624
Oct 2007016,48782.856.92$114,123
Sep 2007018,17275.846.24$113,469
Aug 2007017,50769.066.39$111,834
Jul 2007023,71670.906.39$151,496
Jun 2007017,71962.007.55$133,751
May 200708,66658.747.85$67,996
Apr 200709,19759.617.81$71,784
Mar 200709,81256.927.30$71,647
Feb 2007014,30455.108.22$117,522
Jan 2007019,24950.306.73$129,485
Dec 2006019,69356.656.92$136,245
Nov 2006019,31954.207.62$147,162
Oct 2006021,13554.906.01$127,102
Sep 20065920,39460.085.04$106,273
Aug 2006015,86968.717.34$116,477
Jul 2006017,80169.376.34$112,907
Jun 2006016,16966.286.38$103,221
May 2006019,87466.016.42$127,690
Apr 2006021,36664.397.36$157,264
Mar 2006020,38556.707.08$144,385
Feb 2006918,77957.597.75$146,077
Jan 20063224,99260.598.93$225,200
Dec 2005014,35754.9413.42$192,605
Nov 20056415,54954.6910.59$168,139
Oct 2005328,08358.3413.80$387,601
Sep 2005032,09761.4512.08$387,700
Aug 20058834,17961.519.80$340,259
Jul 2005834,78155.697.84$273,255
Jun 20051525,48552.337.38$188,891
May 20055927,15345.226.65$183,267
Apr 20053135,58249.207.36$263,426
Mar 20051334,02250.377.15$244,078
Feb 2005228,36445.226.31$179,122
Jan 20051432,56743.166.32$206,499
Dec 2004038,50539.866.75$259,950
Nov 2004039,02645.286.33$247,051
Oct 2004041,03049.706.52$267,315
Sep 2004039,37743.245.28$208,064
Aug 20045139,77242.375.55$222,922
Jul 2004537,47038.286.08$228,166
Jun 20041735,45536.106.43$228,696
May 20046734,99537.486.49$229,789
Apr 2004039,76634.475.86$232,968
Mar 2004031,84134.365.53$176,085
Feb 2004034,05732.455.51$187,641
Jan 2004035,93732.036.30$226,390
Dec 2003043,17130.266.30$272,048
Nov 2003042,35328.804.60$194,619
Oct 2003043,32528.174.76$206,211
Sep 2003042,77726.314.75$203,163
Aug 2003043,84429.765.13$224,907
Jul 2003047,23529.415.17$244,245
Jun 2003040,36928.565.98$241,526
May 2003048,81726.595.97$291,568
Apr 2003035,77726.675.41$193,456
Mar 2003049,36931.146.10$300,955
Feb 2003029,54833.487.93$234,194
Jan 2003044,62730.315.58$249,110
Dec 2002049,72326.914.85$241,344
Nov 2002053,59424.664.14$221,716
Oct 2002054,87826.464.23$232,086
Sep 2002051,93027.443.64$188,776
Aug 2002060,79725.963.16$192,371
Jul 2002064,54224.583.06$197,612
Jun 2002060,27923.733.34$201,226
May 2002068,35124.663.58$244,970
Apr 2002050,08223.653.51$175,904
Mar 2002071,89622.003.10$223,073
Feb 2002070,74318.222.38$168,063
Jan 200218966,16117.172.38$160,422
Dec 2001043,15816.932.36$102,043
Nov 200105,79218.072.41$13,933
Oct 2001034,94319.782.53$88,367
Sep 2001057,92224.262.25$130,401
Aug 2001051,73724.873.05$157,961
Jul 2001069,73923.933.20$222,961
Jun 20010102,62224.563.82$392,443
May 20010112,78125.524.31$485,784
Apr 20010119,70624.685.34$638,670
Mar 2001088,02524.545.38$473,261
Feb 2001084,06027.755.77$484,781
Jan 20010100,96727.478.40$847,998
Dec 20000131,77326.889.12$1,202,099
Nov 20000145,81332.215.66$825,010
Oct 20000176,15631.235.15$906,411
Sep 20000134,67931.875.19$698,513
Aug 2000161174,24729.644.54$795,984
Jul 20000181,03728.534.09$740,396
Jun 20000138,38529.304.40$608,513
May 2000359,40027.263.68$218,659

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.

Feb 2018 — as filed, then multipliedworked
Condensate           169 bbl  × $ 61.78 =    $10,441
Gas                    0 Mcf  × $  2.77 =         $0

────────────────────────────────────────────────────
Month total                                  $10,441

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/177997 is the state's own key, not one this site invented.