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 217588District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.6 M
Dec 2005 – May 2026
Value, last 12 filed months
$229 k
at the published price for each month
Months reported
246
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 Gas112006-09-19167156
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
CondensateDisposition17,011 bbl$1,280,338
GasProduction2,437,903 Mcf$12,341,043
Total$13,621,381

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 32.0493, -94.3897. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.04930, -94.38970 · 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
9,621 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 9,621 ft.

Completions filed
Dec 2005
1 of 1 wells

1 well

42-3653578089,621 ftDec 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 (246)

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

246 months

May 2026165,450106.413.05$18,302
Apr 2026175,04998.932.87$16,171
Mar 2026195,61089.753.15$19,374
Feb 2026195,10063.503.75$20,333
Jan 2026144,12359.138.00$33,803
Dec 2025152,96556.664.41$13,936
Nov 2025163,93058.593.93$16,368
Oct 2025155,42659.383.30$18,823
Sep 2025145,73262.743.08$18,515
Aug 2025195,44563.933.01$17,630
Jul 2025255,50666.743.32$19,922
Jun 2025224,62766.483.13$15,939
May 2025295,57260.553.23$19,766
Apr 2025345,82262.363.54$22,748
Mar 2025346,06567.704.27$28,189
Feb 2025314,12870.884.34$20,116
Jan 2025334,86674.324.28$23,273
Dec 2024304,74968.993.12$16,893
Nov 2024254,66169.052.20$11,973
Oct 2024294,05071.372.28$11,309
Sep 2024265,32669.612.36$14,402
Aug 2024285,36575.632.06$13,189
Jul 2024284,69579.932.15$12,316
Jun 2024234,98878.082.63$14,934
May 2024285,37078.812.20$14,012
Apr 2024265,68484.451.66$11,627
Mar 2024305,54580.301.55$10,977
Feb 2024294,80476.091.78$10,775
Jan 2024244,42373.023.30$16,338
Dec 2023285,52471.262.61$16,417
Nov 2023255,26977.892.81$16,740
Oct 2023245,48385.443.09$18,978
Sep 2023225,59489.042.74$17,259
Aug 2023255,82380.522.67$17,577
Jul 2023365,72074.852.64$17,806
Jun 2023355,60868.962.26$15,079
May 2023385,94470.622.23$15,923
Apr 2023365,54178.122.24$15,212
Mar 2023446,27772.852.39$18,227
Feb 2023254,80275.112.47$13,718
Jan 2023304,79776.533.39$18,547
Dec 2022314,43576.415.73$27,777
Nov 2022285,44885.005.65$33,141
Oct 2022295,77487.185.86$36,386
Sep 2022254,20484.888.16$36,442
Aug 2022234,65094.529.13$44,615
Jul 2022185,489101.587.54$43,227
Jun 2022185,239115.097.98$43,864
May 2022205,828109.378.43$51,335
Apr 2022204,815104.226.84$35,007
Mar 2022245,640108.885.08$31,244
Feb 2022214,70491.054.86$24,768
Jan 2022235,63481.844.54$27,448
Dec 2021235,76971.323.90$24,134
Nov 2021205,23277.435.24$28,948
Oct 2021205,67779.795.71$34,033
Sep 2021185,76869.865.35$32,122
Aug 2021205,33466.024.22$23,833
Jul 2021205,53170.783.98$23,440
Jun 2021205,60069.493.38$20,321
May 2021225,98263.483.02$19,448
Apr 2021205,93460.362.76$17,576
Mar 2021235,43561.302.72$16,176
Feb 2021184,67857.805.55$26,994
Jan 2021245,84250.412.81$17,627
Dec 2020224,91944.642.68$14,143
Nov 2020206,19738.772.71$17,548
Oct 2020206,17736.972.48$16,049
Sep 2020195,80637.091.99$12,265
Aug 2020196,36139.982.39$15,931
Jul 2020206,51138.371.83$12,651
Jun 2020236,53334.901.69$11,846
May 2020157,18516.921.81$13,293
Apr 2020196,14814.751.80$11,374
Mar 2020175,83030.341.86$11,338
Feb 2020175,41349.881.98$11,569
Jan 2020185,85657.252.09$13,297
Dec 2019165,92259.012.30$14,591
Nov 2019155,73655.302.75$16,608
Oct 2019155,95753.472.42$15,209
Sep 2019135,67355.052.66$15,790
Aug 2019176,07253.112.30$14,895
Jul 2019176,13556.272.46$16,049
Jun 2019175,94752.782.49$15,712
May 2019186,17958.482.74$17,985
Apr 2019205,69062.632.75$16,904
Mar 2019326,19156.803.06$20,775
Feb 2019294,75350.852.79$14,746
Jan 2019345,80046.033.23$20,288
Dec 2018345,84546.594.19$26,048
Nov 2018275,68852.934.24$25,531
Oct 2018295,93861.443.40$21,960
Sep 2018265,76959.543.11$19,478
Aug 2018276,07059.403.07$20,218
Jul 2018295,95665.142.93$19,351
Jun 2018245,90760.183.08$19,620
May 2018256,14765.382.90$19,466
Apr 2018245,56063.842.90$17,661
Mar 2018276,02261.222.79$18,435
Feb 2018134,64261.782.77$13,643
Jan 201855,08262.874.01$20,690
Dec 201745,05857.272.92$15,006
Nov 201754,98055.423.12$15,807
Oct 2017105,54449.292.98$17,034
Sep 2017206,40947.523.09$20,737
Aug 2017236,78745.373.00$21,434
Jul 2017316,68943.873.09$22,011
Jun 2017276,41742.493.09$20,958
May 2017267,01745.373.26$24,079
Apr 2017297,06447.933.21$24,077
Mar 2017317,19346.772.98$22,911
Feb 2017286,69150.452.95$21,168
Jan 2017317,25949.413.42$26,349
Dec 2016307,40448.763.72$29,027
Nov 2016267,15342.492.64$20,020
Oct 2016227,40846.193.09$23,909
Sep 2016187,06241.553.10$22,645
Aug 2016267,77341.442.92$23,808
Jul 2016257,87341.622.92$24,064
Jun 2016247,51545.352.69$21,272
May 2016257,79942.521.99$16,591
Apr 2016407,52036.561.99$16,435
Mar 2016628,10133.011.79$16,580
Feb 2016607,70126.472.06$17,480
Jan 2016638,36627.352.36$21,503
Dec 2015598,40132.362.00$18,723
Nov 2015577,83738.792.17$19,196
Oct 2015498,10843.552.43$21,809
Sep 2015507,96942.992.76$24,131
Aug 2015497,92540.162.87$24,732
Jul 2015558,26248.152.95$26,981
Jun 2015568,07656.152.88$26,426
May 2015578,32355.212.96$27,745
Apr 2015648,26449.822.71$25,556
Mar 2015648,70942.892.93$28,303
Feb 2015147,88244.662.98$24,084
Jan 2015158,35643.433.10$26,560
Dec 2014148,19854.693.59$30,208
Nov 2014128,12370.464.25$35,383
Oct 2014128,54378.303.90$34,266
Sep 2014118,27986.164.05$34,440
Aug 2014128,58789.394.04$35,722
Jul 2014568,73096.564.18$41,895
Jun 2014768,43798.164.74$47,425
May 2014988,80594.734.73$50,901
Apr 20141338,43495.944.81$53,320
Mar 20141318,90695.895.06$57,597
Feb 2014986,35697.406.19$48,902
Jan 20141187,61790.404.86$47,691
Dec 20131187,85591.824.35$45,039
Nov 20131218,34388.853.74$41,939
Oct 20131168,43097.423.78$43,161
Sep 20131178,806104.113.72$44,919
Aug 20131168,904104.253.52$43,458
Jul 20131298,841102.523.72$46,094
Jun 20131218,69994.403.93$45,639
May 20131218,49294.834.15$46,708
Apr 20131247,71893.964.28$44,704
Mar 20131368,05293.623.91$44,239
Feb 20131376,69891.233.42$35,405
Jan 20131678,63191.603.42$44,814
Dec 20121639,57886.773.42$46,902
Nov 20121409,93786.953.62$48,194
Oct 2012866,02289.383.40$28,160
Sep 20121209,04494.672.92$37,754
Aug 20121229,80892.662.91$39,828
Jul 20121179,61385.133.02$38,999
Jun 20121299,66179.822.52$34,633
May 201213710,17991.612.49$37,879
Apr 20121379,908101.652.00$33,710
Mar 20121098,826105.052.22$31,063
Feb 201218010,339101.102.57$44,772
Jan 201218611,00098.092.73$48,320
Dec 201117010,28996.873.24$49,802
Nov 20111338,77195.723.31$41,774
Oct 201113310,07684.983.65$48,065
Sep 20111239,51583.623.99$48,210
Aug 201112410,13683.404.15$52,399
Jul 20111259,26594.144.52$53,620
Jun 20111369,39492.904.64$56,221
May 201116610,41098.134.40$62,144
Apr 201100105.964.33$0
Mar 201117010,64996.364.06$59,588
Feb 20111639,62985.644.18$54,208
Jan 201115710,97186.504.59$63,924
Dec 201017711,34385.734.35$64,491
Nov 201015910,89880.843.80$54,215
Oct 201014711,40478.103.51$51,496
Sep 201013911,09772.633.98$54,256
Aug 201013411,55173.684.42$60,921
Jul 201013511,26072.554.74$63,127
Jun 20109710,30470.364.91$57,422
May 20107310,60771.124.24$50,115
Apr 2010729,94081.694.12$46,861
Mar 20108710,92878.394.39$54,779
Feb 20108210,06373.585.44$60,800
Jan 20107310,12974.365.96$65,839
Dec 20098310,71371.445.48$64,677
Nov 20096710,34674.593.75$43,811
Oct 20095010,49772.544.11$46,772
Sep 20093811,94365.543.06$39,093
Aug 20094112,87767.423.22$44,209
Jul 20094313,35261.133.46$48,887
Jun 20094513,14466.163.90$54,173
May 20094613,67154.743.93$56,187
Apr 20096014,50646.773.59$54,846
Mar 20098116,92142.144.06$72,096
Feb 2009325,80932.814.63$27,963
Jan 20096614,60535.865.37$80,810
Dec 20086814,99137.105.98$92,126
Nov 20086614,94955.496.86$106,218
Oct 20086715,60275.246.92$113,038
Sep 20087012,506101.767.88$105,634
Aug 20088015,448114.228.48$140,183
Jul 20088215,820131.0811.39$190,929
Jun 20088315,544131.3313.03$213,480
May 20089116,590123.1711.57$203,226
Apr 200810717,216110.3110.45$191,794
Mar 200813719,463101.909.66$202,052
Feb 200816320,41292.538.77$194,107
Jan 200813217,59190.388.21$156,277
Dec 200713217,94888.337.30$142,715
Nov 200710717,84991.677.29$139,958
Oct 200713518,73482.856.92$140,861
Sep 200711518,81175.846.24$126,180
Aug 200710719,87469.066.39$134,343
Jul 200710220,62070.906.39$138,951
Jun 200710020,56262.007.55$161,411
May 200710621,52458.747.85$175,110
Apr 200710021,78459.617.81$175,989
Mar 200718122,94956.927.30$177,875
Feb 200716621,87455.108.22$188,863
Jan 200719125,39950.306.73$180,463
Dec 200619126,02056.656.92$190,838
Nov 200624227,32654.207.62$221,272
Oct 200623630,40754.906.01$195,818
Sep 200619231,57860.085.04$170,600
Aug 200620935,26868.717.34$273,225
Jul 200620137,45069.376.34$251,480
Jun 200621638,94066.286.38$262,905
May 200627843,55566.016.42$298,192
Apr 200644846,26664.397.36$369,387
Mar 200663155,38256.707.08$428,044
Feb 200617849,18857.597.75$391,513
Jan 200612346,58360.598.93$423,593
Dec 200507,85654.9413.42$105,391

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            16 bbl  × $106.41 =     $1,703
Gas                5,450 Mcf  × $  3.05 =    $16,600

────────────────────────────────────────────────────
Month total                                  $18,302

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/217588 is the state's own key, not one this site invented.