GRAVES ESTATE

Operated by DIVERSIFIED PRODUCTION LLC (P-5 220903) in the CARTHAGE (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 206684District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.3 M
Nov 2004 – May 2026
Value, last 12 filed months
$45 k
at the published price for each month
Months reported
259
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 4,104 leases and 4,104 wells, and the rule below applies to all of them.

Discovered
1968-05-01
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 40 acres. The field rule took effect on 2011-02-08.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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 Gas112005-04-28160527
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
CondensateDisposition9,445 bbl$585,369
GasProduction748,381 Mcf$4,667,390
Total$5,252,759

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 32.0633, -94.3896. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.06326, -94.38963 · 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
9,625 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 9,625 ft.

Completions filed
Aug 2005
1 of 1 wells

1 well

42-3653532769,625 ftAug 2005

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 (259)

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

259 months

May 20262961106.413.05$3,140
Apr 2026392498.932.87$2,948
Mar 2026394089.753.15$3,230
Feb 2026386263.503.75$3,423
Jan 2026294859.138.00$7,700
Dec 2025395156.664.41$4,367
Nov 2025293858.593.93$3,800
Oct 2025295959.383.30$3,288
Sep 2025292762.743.08$2,978
Aug 2025397463.933.01$3,128
Jul 2025599466.743.32$3,629
Jun 2025497866.483.13$3,326
May 202551,00460.553.23$3,548
Apr 2025599962.363.54$3,851
Mar 202561,01767.704.27$4,747
Feb 2025594470.884.34$4,452
Jan 202561,08974.324.28$5,105
Dec 202451,04968.993.12$3,619
Nov 202451,05669.052.20$2,667
Oct 202451,08571.372.28$2,832
Sep 202471,06569.612.36$3,005
Aug 2024191,07375.632.06$3,651
Jul 2024211,06579.932.15$3,965
Jun 2024171,02878.082.63$4,035
May 2024161,06978.812.20$3,611
Apr 2024101,00584.451.66$2,512
Mar 202471,11780.301.55$2,288
Feb 202461,00176.091.78$2,242
Jan 202451,18373.023.30$4,266
Dec 202361,10571.262.61$3,312
Nov 202361,24477.892.81$3,960
Oct 202351,25585.443.09$4,302
Sep 2023997989.042.74$3,479
Aug 2023281,43180.522.67$6,079
Jul 20231977174.852.64$3,459
Jun 20231948968.962.26$2,415
May 20231684070.622.23$3,001
Apr 20231767678.122.24$2,841
Mar 20232372372.852.39$3,406
Feb 20232883475.112.47$4,159
Jan 20232469276.533.39$4,181
Dec 20222969476.415.73$6,192
Nov 2022211,09285.005.65$7,951
Oct 20222793987.185.86$7,860
Sep 20221765284.888.16$6,766
Aug 20221392894.529.13$9,699
Jul 20223667101.587.54$5,335
Jun 20223677115.097.98$5,746
May 20224807109.378.43$7,243
Apr 20223738104.226.84$5,359
Mar 20223695108.885.08$3,855
Feb 2022369591.054.86$3,650
Jan 2022482281.844.54$4,057
Dec 2021367071.323.90$2,826
Nov 2021767677.435.24$4,082
Oct 20211487779.795.71$6,128
Sep 20211384469.865.35$5,424
Aug 20211484166.024.22$4,474
Jul 20211481470.783.98$4,232
Jun 20211471369.493.38$3,383
May 20211673163.483.02$3,222
Apr 20212170660.362.76$3,215
Mar 20213073761.302.72$3,841
Feb 20212962357.805.55$5,133
Jan 20213073150.412.81$3,567
Dec 20202977744.642.68$3,373
Nov 20202690738.772.71$3,463
Oct 2020261,13136.972.48$3,764
Sep 2020241,03137.091.99$2,943
Aug 2020231,06339.982.39$3,455
Jul 2020261,12938.371.83$3,058
Jun 2020291,14534.901.69$2,948
May 2020201,18116.921.81$2,482
Apr 2020251,14214.751.80$2,429
Mar 2020221,19230.341.86$2,880
Feb 2020201,01949.881.98$3,016
Jan 2020231,20757.252.09$3,845
Dec 2019211,23659.012.30$4,087
Nov 2019191,21255.302.75$4,385
Oct 2019191,25953.472.42$4,061
Sep 2019141,19355.052.66$3,941
Aug 2019056553.112.30$1,302
Jul 2019048056.272.46$1,181
Jun 2019126752.782.49$718
May 2019116058.482.74$497
Apr 2019123262.632.75$701
Mar 2019425056.803.06$993
Feb 20192073450.852.79$3,066
Jan 2019261,07246.033.23$4,657
Dec 2018261,07446.594.19$5,707
Nov 2018211,05252.934.24$5,569
Oct 2018221,09661.443.40$5,076
Sep 2018201,02759.543.11$4,383
Aug 2018211,09059.403.07$4,590
Jul 2018231,07465.142.93$4,647
Jun 2018191,04160.183.08$4,346
May 2018191,05465.382.90$4,300
Apr 20181999363.842.90$4,093
Mar 2018221,02161.222.79$4,192
Feb 2018191,10161.782.77$4,219
Jan 2018231,27862.874.01$6,570
Dec 2017211,22257.272.92$4,773
Nov 2017221,18755.423.12$4,921
Oct 2017201,16449.292.98$4,459
Sep 2017181,02147.523.09$4,007
Aug 20171899745.373.00$3,812
Jul 2017554143.873.09$1,890
Jun 2017141542.493.09$1,324
May 20171384045.373.26$3,331
Apr 2017241,65747.933.21$6,472
Mar 2017271,72046.772.98$6,395
Feb 2017241,57550.452.95$5,861
Jan 2017261,72549.413.42$7,182
Dec 2016261,74448.763.72$7,760
Nov 2016221,69242.492.64$5,409
Oct 2016191,71946.193.09$6,190
Sep 2016151,63641.553.10$5,696
Aug 2016161,51541.442.92$5,093
Jul 2016773141.622.92$2,429
Jun 2016181,69845.352.69$5,377
May 2016191,81442.521.99$4,420
Apr 2016241,74736.561.99$4,356
Mar 2016291,90833.011.79$4,380
Feb 2016291,87626.472.06$4,639
Jan 2016271,75327.352.36$4,883
Dec 2015231,61932.362.00$3,985
Nov 2015191,34338.792.17$3,648
Oct 20151076643.552.43$2,294
Sep 2015429142.992.76$975
Aug 2015211,69940.162.87$5,724
Jul 2015261,93948.152.95$6,962
Jun 2015281,99956.152.88$7,335
May 2015292,09455.212.96$7,790
Apr 2015312,01549.822.71$6,998
Mar 2015302,02242.892.93$7,221
Feb 2015431,80444.662.98$7,289
Jan 2015582,32143.433.10$9,716
Dec 2014552,37154.693.59$11,523
Nov 2014492,46970.464.25$13,950
Oct 2014502,67578.303.90$14,350
Sep 2014452,49386.164.05$13,962
Aug 2014321,87489.394.04$10,422
Jul 2014502,81196.564.18$16,577
Jun 2014462,45798.164.74$16,154
May 2014572,41594.734.73$16,814
Apr 2014742,08195.944.81$17,107
Mar 2014471,52895.895.06$12,234
Feb 20142786697.406.19$7,992
Jan 2014431,29890.404.86$10,196
Dec 2013391,22391.824.35$8,907
Nov 2013371,20488.853.74$7,788
Oct 2013341,17797.423.78$7,761
Sep 2013321,127104.113.72$7,521
Aug 2013321,145104.253.52$7,369
Jul 2013351,122102.523.72$7,760
Jun 2013321,08494.403.93$7,285
May 2013351,16994.834.15$8,169
Apr 2013321,10293.964.28$7,726
Mar 2013221,12893.623.91$6,473
Feb 20131880691.233.42$4,399
Jan 20131780491.603.42$4,307
Dec 20121365486.773.42$3,365
Nov 2012301,62186.953.62$8,485
Oct 2012692,75889.383.40$15,544
Sep 2012582,60094.672.92$13,079
Aug 2012592,73692.662.91$13,424
Jul 2012592,76785.133.02$13,381
Jun 2012642,73379.822.52$11,993
May 2012682,89291.612.49$13,426
Apr 2012552,266101.652.00$10,116
Mar 2012442,635105.052.22$10,477
Feb 2012682,920101.102.57$14,380
Jan 2012723,18298.092.73$15,762
Dec 2011673,06696.873.24$16,423
Nov 2011653,23195.723.31$16,921
Oct 2011422,37284.983.65$12,224
Sep 2011392,28083.623.99$12,349
Aug 2011412,52683.404.15$13,901
Jul 2011492,75094.144.52$17,035
Jun 2011522,67192.904.64$17,224
May 2011432,04998.134.40$13,245
Apr 201100105.964.33$0
Mar 2011321,43696.364.06$8,910
Feb 2011331,39185.644.18$8,640
Jan 2011311,57886.504.59$9,923
Dec 2010251,11285.734.35$6,978
Nov 2010251,26580.843.80$6,822
Oct 2010171,39478.103.51$6,219
Sep 2010251,15272.633.98$6,400
Aug 2010271,33073.684.42$7,867
Jul 2010271,30872.554.74$8,154
Jun 2010231,42770.364.91$8,625
May 2010192,10671.124.24$10,271
Apr 2010111,11581.694.12$5,495
Mar 2010161,46178.394.39$7,666
Feb 2010322,99773.585.44$18,665
Jan 2010252,84574.365.96$18,827
Dec 200903,55871.445.48$19,511
Nov 200902,99374.593.75$11,228
Oct 200903,80772.544.11$15,648
Sep 200905,18765.543.06$15,897
Aug 200903,70767.423.22$11,931
Jul 2009079861.133.46$2,765
Jun 200901,01266.163.90$3,942
May 2009096354.743.93$3,781
Apr 2009095246.773.59$3,415
Mar 2009079042.144.06$3,207
Feb 2009027132.814.63$1,256
Jan 2009090735.865.37$4,872
Dec 2008073837.105.98$4,411
Nov 2008078255.496.86$5,365
Oct 200801,45675.246.92$10,078
Sep 200801,232101.767.88$9,705
Aug 200801,610114.228.48$13,658
Jul 200801,342131.0811.39$15,285
Jun 200802,843131.3313.03$37,052
May 200803,009123.1711.57$34,827
Apr 200804,636110.3110.45$48,469
Mar 200805,387101.909.66$52,060
Feb 200804,84292.538.77$42,467
Jan 200804,99690.388.21$40,996
Dec 200705,36588.337.30$39,175
Nov 200705,73891.677.29$41,840
Oct 200705,59482.856.92$38,722
Sep 200705,70775.846.24$35,635
Aug 200705,53369.066.39$35,344
Jul 200705,54870.906.39$35,440
Jun 200706,14262.007.55$46,363
May 200705,82358.747.85$45,689
Apr 200705,43259.617.81$42,398
Mar 200705,29156.927.30$38,635
Feb 200704,62555.108.22$37,999
Jan 200705,54650.306.73$37,307
Dec 200605,74656.656.92$39,753
Nov 200605,72654.207.62$43,618
Oct 200606,38654.906.01$38,404
Sep 200606,13060.085.04$30,878
Aug 200605,98468.717.34$43,922
Jul 200605,38569.376.34$34,156
Jun 200606,64966.286.38$42,446
May 200608,22466.016.42$52,839
Apr 200609,03464.397.36$66,495
Mar 20067411,03756.707.08$82,370
Feb 200633211,49757.597.75$108,235
Jan 200626911,37360.598.93$117,897
Dec 200521010,44154.9413.42$151,608
Nov 200526213,43354.6910.59$156,563
Oct 200522715,12458.3413.80$221,890
Sep 200526215,70261.4512.08$205,764
Aug 200531119,87461.519.80$213,832
Jul 200527421,96655.697.84$187,552
Jun 200529822,06852.337.38$178,479
May 200537221,57945.226.65$160,347
Apr 200520712,98749.207.36$105,775
Mar 200536419,23750.377.15$155,973
Feb 200541720,93345.226.31$150,984
Jan 200556931,78543.166.32$225,509
Dec 200430022,41839.866.75$163,304
Nov 200414823,53945.286.33$155,713

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 2026 — as filed, then multipliedworked
Condensate             2 bbl  × $106.41 =       $213
Gas                  961 Mcf  × $  3.05 =     $2,927

────────────────────────────────────────────────────
Month total                                   $3,140

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/206684 is the state's own key, not one this site invented.