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 219726District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.2 M
Mar 2006 – May 2026
Value, last 12 filed months
$41 k
at the published price for each month
Months reported
243
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 Gas112006-10-25168419
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
CondensateDisposition9,584 bbl$696,115
GasProduction668,037 Mcf$3,526,737
Total$4,222,853

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 32.0596, -94.3914. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.05957, -94.39137 · 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
9,650 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 9,650 ft.

Completions filed
Mar 2006
1 of 1 wells

1 well

42-3653578179,650 ftMar 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 (243)

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

243 months

May 20266655106.413.05$2,633
Apr 2026665498.932.87$2,470
Mar 2026766489.753.15$2,719
Feb 2026753563.503.75$2,451
Jan 2026660959.138.00$5,226
Dec 2025788556.664.41$4,302
Nov 2025690458.593.93$3,901
Oct 2025595059.383.30$3,437
Sep 2025591062.743.08$3,114
Aug 2025499863.933.01$3,264
Jul 202541,06466.743.32$3,794
Jun 2025398066.483.13$3,266
May 202541,03460.553.23$3,584
Apr 202541,01462.363.54$3,842
Mar 202541,05567.704.27$4,774
Feb 2025499670.884.34$4,607
Jan 202551,06974.324.28$4,946
Dec 202441,10068.993.12$3,709
Nov 202441,07269.052.20$2,633
Oct 202441,07671.372.28$2,740
Sep 202491,09269.612.36$3,208
Aug 2024291,49875.632.06$5,285
Jul 2024301,05079.932.15$4,652
Jun 2024251,02178.082.63$4,641
May 20242784778.812.20$3,990
Apr 2024271,08184.451.66$4,074
Mar 2024311,09180.301.55$4,175
Feb 2024321,01576.091.78$4,245
Jan 2024281,09773.023.30$5,662
Dec 2023291,09771.262.61$4,931
Nov 2023271,06777.892.81$5,099
Oct 2023261,10985.443.09$5,645
Sep 2023231,08089.042.74$5,002
Aug 2023251,11880.522.67$5,001
Jul 2023301,14074.852.64$5,257
Jun 2023281,09568.962.26$4,404
May 2023301,10670.622.23$4,582
Apr 2023311,14578.122.24$4,984
Mar 2023371,20172.852.39$5,570
Feb 2023321,07575.112.47$5,054
Jan 2023381,20876.533.39$7,001
Dec 2022391,22076.415.73$9,969
Nov 2022351,17685.005.65$9,615
Oct 2022381,22987.185.86$10,519
Sep 2022341,19384.888.16$12,625
Aug 2022321,22394.529.13$14,187
Jul 2022301,208101.587.54$12,158
Jun 2022281,193115.097.98$12,739
May 2022311,229109.378.43$13,755
Apr 2022331,207104.226.84$11,692
Mar 2022381,230108.885.08$10,381
Feb 2022341,08791.054.86$8,377
Jan 2022371,16781.844.54$8,324
Dec 2021361,05871.323.90$6,693
Nov 2021331,02677.435.24$7,928
Oct 2021311,29379.795.71$9,862
Sep 2021291,26369.865.35$8,784
Aug 2021321,33666.024.22$7,751
Jul 2021321,29770.783.98$7,430
Jun 2021311,26669.493.38$6,434
May 2021351,31863.483.02$6,199
Apr 2021291,30560.362.76$5,350
Mar 2021301,13161.302.72$4,912
Feb 2021261,08357.805.55$7,511
Jan 2021311,37350.412.81$5,421
Dec 2020291,38944.642.68$5,011
Nov 2020271,35038.772.71$4,701
Oct 2020271,46236.972.48$4,622
Sep 2020251,34137.091.99$3,597
Aug 2020251,39639.982.39$4,329
Jul 2020271,37038.371.83$3,536
Jun 2020301,42034.901.69$3,447
May 2020211,45516.921.81$2,996
Apr 2020261,43214.751.80$2,967
Mar 2020231,37430.341.86$3,248
Feb 2020211,39549.881.98$3,811
Jan 2020231,55157.252.09$4,566
Dec 2019211,57859.012.30$4,875
Nov 2019191,55055.302.75$5,314
Oct 2019191,61053.472.42$4,910
Sep 2019171,60255.052.66$5,193
Aug 2019211,71553.112.30$5,067
Jul 2019211,62356.272.46$5,174
Jun 2019151,22652.782.49$3,846
May 2019041458.482.74$1,134
Apr 2019055462.632.75$1,524
Mar 2019355456.803.06$1,867
Feb 2019441350.852.79$1,357
Jan 2019465746.033.23$2,305
Dec 2018362746.594.19$2,764
Nov 2018044452.934.24$1,881
Oct 2018047661.443.40$1,617
Sep 2018052459.543.11$1,629
Aug 2018054959.403.07$1,684
Jul 2018054465.142.93$1,595
Jun 2018061560.183.08$1,892
May 2018060365.382.90$1,749
Apr 2018064563.842.90$1,871
Mar 2018075461.222.79$2,101
Feb 2018063661.782.77$1,759
Jan 2018086662.874.01$3,472
Dec 201701,36357.272.92$3,982
Nov 201701,47655.423.12$4,603
Oct 201701,53249.292.98$4,571
Sep 201701,44547.523.09$4,461
Aug 201701,45745.373.00$4,377
Jul 201701,57543.873.09$4,862
Jun 201721,66742.493.09$5,231
May 2017181,65845.373.26$6,227
Apr 2017341,52247.933.21$6,518
Mar 2017371,79946.772.98$7,098
Feb 2017321,48650.452.95$6,002
Jan 2017361,96149.413.42$8,483
Dec 2016352,09348.763.72$9,498
Nov 2016311,98242.492.64$6,558
Oct 2016261,92046.193.09$7,134
Sep 2016211,87341.553.10$6,680
Aug 2016261,96541.442.92$6,824
Jul 2016252,00341.622.92$6,898
Jun 2016241,92845.352.69$6,267
May 2016231,81542.521.99$4,592
Apr 2016211,81236.561.99$4,376
Mar 2016221,86633.011.79$4,074
Feb 2016231,96526.472.06$4,664
Jan 2016201,68627.352.36$4,533
Dec 2015222,07032.362.00$4,855
Nov 2015221,89638.792.17$4,963
Oct 2015202,15243.552.43$6,093
Sep 2015202,13742.992.76$6,755
Aug 2015161,67440.162.87$5,451
Jul 2015161,59548.152.95$5,468
Jun 2015181,67456.152.88$5,837
May 2015181,69855.212.96$6,012
Apr 2015211,82149.822.71$5,975
Mar 2015201,61442.892.93$5,594
Feb 2015731,43544.662.98$7,531
Jan 2015961,89743.433.10$10,051
Dec 2014931,97554.693.59$12,179
Nov 2014842,03970.464.25$14,588
Oct 2014832,15478.303.90$14,902
Sep 2014762,00886.164.05$14,671
Aug 2014742,08089.394.04$15,008
Jul 2014332,22296.564.18$12,474
Jun 2014152,29298.164.74$12,329
May 2014202,55394.734.73$13,962
Apr 2014272,35295.944.81$13,901
Mar 2014262,46495.895.06$14,953
Feb 2014222,04497.406.19$14,799
Jan 2014232,10090.404.86$12,287
Dec 2013232,17491.824.35$11,579
Nov 2013212,00888.853.74$9,372
Oct 2013201,99497.423.78$9,484
Sep 2013202,057104.113.72$9,730
Aug 2013212,222104.253.52$10,016
Jul 2013222,198102.523.72$10,427
Jun 2013222,24594.403.93$10,907
May 2013242,35194.834.15$12,030
Apr 2013302,39393.964.28$13,067
Mar 2013372,12893.623.91$11,791
Feb 2013492,47491.233.42$12,931
Jan 2013402,07091.603.42$10,743
Dec 2012382,19386.773.42$10,798
Nov 2012362,16186.953.62$10,964
Oct 2012362,16689.383.40$10,581
Sep 201282,31894.672.92$7,522
Aug 201282,39692.662.91$7,709
Jul 201272,17385.133.02$7,160
Jun 201282,43079.822.52$6,760
May 201292,61691.612.49$7,334
Apr 201292,575101.652.00$6,057
Mar 2012231,720105.052.22$6,238
Feb 2012482,510101.102.57$11,304
Jan 2012603,23098.092.73$14,716
Dec 2011623,40596.873.24$17,037
Nov 2011613,65595.723.31$17,942
Oct 2011352,38084.983.65$11,658
Sep 2011352,46683.623.99$12,756
Aug 2011352,53683.404.15$13,442
Jul 2011402,68994.144.52$15,912
Jun 2011422,63892.904.64$16,142
May 2011492,78898.134.40$17,089
Apr 201100105.964.33$0
Mar 2011422,73196.364.06$15,128
Feb 2011382,35185.644.18$13,081
Jan 2011402,92086.504.59$16,859
Dec 2010463,03585.734.35$17,139
Nov 2010443,15080.843.80$15,512
Oct 2010433,39278.103.51$15,260
Sep 2010473,29072.633.98$16,506
Aug 2010473,51173.684.42$18,979
Jul 2010483,46272.554.74$19,880
Jun 2010242,75170.364.91$15,197
May 2010103,52271.124.24$15,628
Apr 2010113,57081.694.12$15,617
Mar 2010113,21078.394.39$14,950
Feb 2010113,34273.585.44$18,998
Jan 2010113,64974.365.96$22,581
Dec 2009123,18471.445.48$18,318
Nov 2009113,46974.593.75$13,834
Oct 2009123,90672.544.11$16,925
Sep 2009103,70665.543.06$12,013
Aug 2009103,71467.423.22$12,628
Jul 2009113,95661.133.46$14,378
Jun 2009123,87666.163.90$15,891
May 2009123,93354.743.93$16,097
Apr 2009674,07946.773.59$17,767
Mar 2009995,26042.144.06$25,522
Feb 2009301,38732.814.63$7,410
Jan 20091005,53235.865.37$33,298
Dec 20081045,80837.105.98$38,574
Nov 20081226,89955.496.86$54,099
Oct 20081076,62175.246.92$53,881
Sep 2008624,093101.767.88$38,550
Aug 2008684,850114.228.48$48,910
Jul 2008775,361131.0811.39$71,152
Jun 2008974,902131.3313.03$76,625
May 20081065,261123.1711.57$73,948
Apr 20081205,233110.3110.45$67,947
Mar 20081495,741101.909.66$70,665
Feb 20081605,21492.538.77$60,535
Jan 20081896,54590.388.21$70,788
Dec 20071113,93888.337.30$38,560
Nov 20071265,47291.677.29$51,451
Oct 20071635,87982.856.92$54,199
Sep 20071095,46675.846.24$42,397
Aug 2007315,94469.066.39$40,111
Jul 2007347,12170.906.39$47,899
Jun 2007326,80862.007.55$53,374
May 2007367,58658.747.85$61,637
Apr 2007627,10259.617.81$59,128
Mar 20071197,91556.927.30$64,569
Feb 20071097,51555.108.22$67,749
Jan 20071299,06050.306.73$67,434
Dec 20061349,73456.656.92$74,935
Nov 20061219,95554.207.62$82,390
Oct 200612311,45154.906.01$75,617
Sep 200613011,48760.085.04$65,673
Aug 200614913,26168.717.34$107,572
Jul 200620215,76969.376.34$114,032
Jun 200624618,58466.286.38$134,943
May 200635624,20266.016.42$178,997
Apr 200652333,90064.397.36$283,196
Mar 2006194,03656.707.08$29,664

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             6 bbl  × $106.41 =       $638
Gas                  655 Mcf  × $  3.05 =     $1,995

────────────────────────────────────────────────────
Month total                                   $2,633

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/219726 is the state's own key, not one this site invented.