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 218986District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.2 M
Jan 2006 – May 2026
Value, last 12 filed months
$138 k
at the published price for each month
Months reported
245
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 Gas112006-09-25167736
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
CondensateDisposition7,979 bbl$601,199
GasProduction1,326,103 Mcf$6,584,205
Total$7,185,403

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 32.0516, -94.3962. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.05157, -94.39621 · 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
9,720 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 9,720 ft.

Completions filed
Jan 2006
1 of 1 wells

1 well

42-3653585199,720 ftJan 2006

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 (245)

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

245 months

May 2026193,430106.413.05$12,469
Apr 2026203,65098.932.87$12,453
Mar 2026203,59389.753.15$13,111
Feb 2026213,81163.503.75$15,626
Jan 2026173,41659.138.00$28,326
Dec 2025202,62556.664.41$12,718
Nov 2025161,98458.593.93$8,728
Oct 2025161,99759.383.30$7,550
Sep 2025131,61262.743.08$5,776
Aug 202561,82063.933.01$5,870
Jul 202552,14066.743.32$7,428
Jun 202542,53766.483.13$8,203
May 202552,02260.553.23$6,839
Apr 202561,82162.363.54$6,826
Mar 202562,68967.704.27$11,884
Feb 202561,63370.884.34$7,514
Jan 202562,34874.324.28$10,492
Dec 202463,00568.993.12$9,794
Nov 202443,11169.052.20$7,116
Oct 202453,34571.372.28$7,988
Sep 202443,22369.612.36$7,899
Aug 202442,89575.632.06$6,277
Jul 202442,98479.932.15$6,725
Jun 202433,26078.082.63$8,821
May 202443,53678.812.20$8,089
Apr 202443,22584.451.66$5,689
Mar 202433,35480.301.55$5,423
Feb 202432,29776.091.78$4,325
Jan 202422,20773.023.30$7,424
Dec 202343,18571.262.61$8,600
Nov 202333,58077.892.81$10,285
Oct 202332,58085.443.09$8,222
Sep 202333,57289.042.74$10,037
Aug 202332,90480.522.67$8,004
Jul 202342,97374.852.64$8,153
Jun 202332,92268.962.26$6,806
May 202343,19470.622.23$7,397
Apr 202352,14578.122.24$5,191
Mar 202351,96472.852.39$5,064
Feb 202341,79175.112.47$4,716
Jan 202352,14176.533.39$7,636
Dec 202241,56176.415.73$9,249
Nov 202242,47085.005.65$14,286
Oct 202242,06887.185.86$12,475
Sep 202242,18284.888.16$18,153
Aug 2022102,09094.529.13$20,021
Jul 2022162,460101.587.54$20,179
Jun 2022142,370115.097.98$20,517
May 2022192,267109.378.43$21,196
Apr 2022192,223104.226.84$17,180
Mar 2022192,159108.885.08$13,029
Feb 2022171,91691.054.86$10,857
Jan 2022172,26281.844.54$11,656
Dec 2021162,28571.323.90$10,051
Nov 2021152,24077.435.24$12,892
Oct 2021162,49379.795.71$15,521
Sep 2021142,30169.865.35$13,291
Aug 2021201,87466.024.22$9,230
Jul 2021191,86570.783.98$8,771
Jun 2021172,01969.493.38$8,007
May 2021202,05463.483.02$7,468
Apr 2021171,99460.362.76$6,526
Mar 2021132,22861.302.72$6,850
Feb 202151,57057.805.55$8,999
Jan 2021112,22750.412.81$6,813
Dec 2020112,39944.642.68$6,909
Nov 202051,73838.772.71$4,898
Oct 202011,47136.972.48$3,683
Sep 202001,09637.091.99$2,182
Aug 202001,54339.982.39$3,680
Jul 202001,54038.371.83$2,811
Jun 202001,50034.901.69$2,535
May 202001,66216.921.81$3,016
Apr 202001,54514.751.80$2,788
Mar 202031,44530.341.86$2,773
Feb 202051,62949.881.98$3,476
Jan 202041,99557.252.09$4,408
Dec 201942,70559.012.30$6,469
Nov 201942,57855.302.75$7,313
Oct 201943,55953.472.42$8,821
Sep 201943,59055.052.66$9,760
Aug 201953,66753.112.30$8,716
Jul 201953,64856.272.46$9,256
Jun 201953,67052.782.49$9,407
May 201953,79458.482.74$10,689
Apr 201963,60762.632.75$10,298
Mar 201973,56356.803.06$11,308
Feb 201973,07150.852.79$8,931
Jan 201983,83246.033.23$12,739
Dec 201883,71246.594.19$15,909
Nov 201863,60652.934.24$15,597
Oct 201863,39861.443.40$11,915
Sep 201863,78459.543.11$12,118
Aug 201863,94759.403.07$12,460
Jul 201873,97565.142.93$12,110
Jun 201863,97460.183.08$12,589
May 201864,11165.382.90$12,317
Apr 201863,65063.842.90$10,971
Mar 201874,17861.222.79$12,072
Feb 2018192,52361.782.77$8,153
Jan 2018342,35562.874.01$11,580
Dec 2017332,66057.272.92$9,661
Nov 2017342,68155.423.12$10,245
Oct 2017312,68849.292.98$9,548
Sep 2017292,52747.523.09$9,180
Aug 2017302,88845.373.00$10,038
Jul 2017173,69943.873.09$12,166
Jun 2017383,73342.493.09$13,139
May 2017354,49945.373.26$16,270
Apr 2017126,10647.933.21$20,185
Mar 201736,26846.772.98$18,842
Feb 201735,58350.452.95$16,636
Jan 201735,05549.413.42$17,430
Dec 201634,93048.763.72$18,500
Nov 201635,52642.492.64$14,740
Oct 201625,47646.193.09$17,015
Sep 201625,59841.553.10$17,440
Aug 201635,23041.442.92$15,419
Jul 201624,85941.622.92$14,293
Jun 201624,81845.352.69$13,031
May 201634,92642.521.99$9,935
Apr 201685,24536.561.99$10,735
Mar 2016114,98333.011.79$9,303
Feb 2016114,90426.472.06$10,411
Jan 2016115,42227.352.36$13,120
Dec 2015105,02532.362.00$10,381
Nov 2015104,98538.792.17$11,192
Oct 201595,28243.552.43$13,209
Sep 201595,21442.992.76$14,769
Aug 2015105,58440.162.87$16,442
Jul 2015115,70048.152.95$17,317
Jun 2015115,50856.152.88$16,496
May 2015105,33555.212.96$16,319
Apr 2015114,89749.822.71$13,802
Mar 2015125,91342.892.93$17,868
Feb 2015115,45944.662.98$16,738
Jan 2015126,22343.433.10$19,816
Dec 2014116,22954.693.59$22,972
Nov 2014105,97070.464.25$26,088
Oct 201495,91178.303.90$23,763
Sep 201485,58386.164.05$23,275
Aug 201495,96989.394.04$24,890
Jul 2014245,88696.564.18$26,919
Jun 2014285,07098.164.74$26,764
May 2014355,17794.734.73$27,785
Apr 2014464,94095.944.81$28,170
Mar 2014495,30295.895.06$31,510
Feb 2014474,87697.406.19$34,770
Jan 2014535,49290.404.86$31,486
Dec 2013535,68891.824.35$29,635
Nov 2013505,59988.853.74$25,373
Oct 2013496,01497.423.78$27,503
Sep 2013354,345104.113.72$19,797
Aug 2013344,238104.253.52$18,473
Jul 2013414,534102.523.72$21,060
Jun 2013384,51994.403.93$21,362
May 2013455,03694.834.15$25,162
Apr 2013434,64493.964.28$23,929
Mar 2013434,17993.623.91$20,378
Feb 2013635,39091.233.42$24,181
Jan 2013716,39891.603.42$28,384
Dec 2012504,94786.773.42$21,258
Nov 2012535,20486.953.62$23,473
Oct 2012614,30089.383.40$20,071
Sep 20121125,63494.672.92$27,045
Aug 20121246,88392.662.91$31,507
Jul 20121297,27885.133.02$32,967
Jun 2012904,62879.822.52$18,842
May 20121936,09691.612.49$32,850
Apr 20121024,990101.652.00$20,332
Mar 2012493,544105.052.22$13,023
Feb 2012424,344101.102.57$15,411
Jan 2012414,27898.092.73$15,718
Dec 2011454,83396.873.24$20,017
Nov 2011323,71695.723.31$15,368
Oct 2011354,74584.983.65$20,287
Sep 2011375,13783.623.99$23,569
Aug 2011284,19783.404.15$19,750
Jul 2011395,20394.144.52$27,175
Jun 2011435,33692.904.64$28,753
May 2011455,12098.134.40$26,969
Apr 201100105.964.33$0
Mar 2011404,88796.364.06$23,683
Feb 2011394,48485.644.18$22,083
Jan 2011395,35186.504.59$27,928
Dec 2010425,31085.734.35$26,687
Nov 2010395,25680.843.80$23,101
Oct 2010395,81578.103.51$23,450
Sep 2010536,15072.633.98$28,323
Aug 2010515,94273.684.42$30,018
Jul 2010444,86472.554.74$26,230
Jun 2010415,10470.364.91$27,947
May 2010546,59971.124.24$31,789
Apr 2010576,53881.694.12$31,610
Mar 2010636,68478.394.39$34,272
Feb 2010626,38873.585.44$39,328
Jan 2010617,11374.365.96$46,959
Dec 2009687,30571.445.48$44,917
Nov 2009587,44774.593.75$32,264
Oct 2009577,57372.544.11$35,262
Sep 2009618,21365.543.06$29,169
Aug 2009557,22167.423.22$26,949
Jul 2009557,09161.133.46$27,929
Jun 2009678,06866.163.90$35,858
May 2009607,38054.743.93$32,256
Apr 2009817,89546.773.59$32,112
Mar 20091028,68042.144.06$39,530
Feb 2009564,09532.814.63$20,809
Jan 2009977,85735.865.37$45,678
Dec 20081029,18737.105.98$58,696
Nov 2008857,77055.496.86$58,022
Oct 2008828,67475.246.92$66,211
Sep 2008517,739101.767.88$66,151
Aug 2008528,532114.228.48$78,317
Jul 2008579,399131.0811.39$114,521
Jun 2008528,266131.3313.03$114,557
May 20086610,215123.1711.57$126,361
Apr 2008729,896110.3110.45$111,404
Mar 2008829,779101.909.66$102,861
Feb 2008959,50592.538.77$92,155
Jan 200810110,72390.388.21$97,118
Dec 2007818,83488.337.30$71,660
Nov 20077610,11391.677.29$80,708
Oct 200710811,97282.856.92$91,818
Sep 20079812,62175.846.24$86,240
Aug 200710213,43769.066.39$92,879
Jul 20079213,18670.906.39$90,754
Jun 20078913,06162.007.55$104,108
May 20079513,62758.747.85$112,502
Apr 20078913,64759.617.81$111,823
Mar 200716114,42156.927.30$114,466
Feb 200714613,52455.108.22$119,158
Jan 200716615,54550.306.73$112,919
Dec 200616015,78256.656.92$118,251
Nov 200610315,79854.207.62$125,924
Oct 200610818,59854.906.01$117,774
Sep 20068117,05860.085.04$90,791
Aug 20062717,70268.717.34$131,786
Jul 20062518,33369.376.34$118,016
Jun 20062618,46466.286.38$119,595
May 20063420,76566.016.42$135,659
Apr 20064020,21864.397.36$151,390
Mar 20065123,42356.707.08$168,795
Feb 20064628,13157.597.75$220,696
Jan 200602,25860.598.93$20,171

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            19 bbl  × $106.41 =     $2,022
Gas                3,430 Mcf  × $  3.05 =    $10,447

────────────────────────────────────────────────────
Month total                                  $12,469

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/218986 is the state's own key, not one this site invented.