GRACE GU 1

Operated by ADAMAS ENERGY LLC (P-5 103913) in the MARTINSVILLE (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 255089District 06Field 578147002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.3 M
Jan 2010 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
197
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 94 leases and 94 wells, and the rule below applies to all of them.

Discovered
1982-03-27
as the register files it
Field class
Gas
the register's own label
Between wells
660 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 2007-11-06.

The Commission's schedule remark for this field reads: DOCKET #06-0253202 EFF. 11-6-07.

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 Gas112010-08-31199320
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
CondensateDisposition1,532 bbl$116,407
GasProduction564,988 Mcf$2,175,373
Total$2,291,781

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 31.6151, -94.3756. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.61505, -94.37556 · 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
10,661 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 10,661 ft.

Completions filed
Jan 2010
1 of 1 wells

1 well

42-34733088810,661 ftJan 2010

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 (197)

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

197 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 2024061569.052.20$1,352
Oct 2024040271.372.28$917
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 2024057684.451.66$956
Mar 202402780.301.55$42
Feb 20240076.091.78$0
Jan 202403373.023.30$109
Dec 202301,27571.262.61$3,329
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 2023053880.522.67$1,438
Jul 20230074.852.64$0
Jun 2023030268.962.26$682
May 202307770.622.23$172
Apr 2023032278.122.24$721
Mar 2023032672.852.39$780
Feb 2023033675.112.47$828
Jan 2023039476.533.39$1,335
Dec 2022047176.415.73$2,698
Nov 2022042085.005.65$2,371
Oct 2022059287.185.86$3,471
Sep 2022035684.888.16$2,906
Aug 2022020294.529.13$1,844
Jul 20220405101.587.54$3,055
Jun 20220411115.097.98$3,279
May 20220601109.378.43$5,068
Apr 20220647104.226.84$4,424
Mar 20220238108.885.08$1,208
Feb 2022037491.054.86$1,817
Jan 202201,05281.844.54$4,774
Dec 2021022971.323.90$893
Nov 2021059077.435.24$3,090
Oct 2021058579.795.71$3,343
Sep 2021053869.865.35$2,879
Aug 2021060266.024.22$2,541
Jul 2021057270.783.98$2,278
Jun 2021056269.493.38$1,900
May 2021063463.483.02$1,913
Apr 2021064560.362.76$1,779
Mar 2021068461.302.72$1,858
Feb 2021054457.805.55$3,018
Jan 2021085850.412.81$2,411
Dec 202001,09544.642.68$2,930
Nov 202001038.772.71$27
Oct 202001,60636.972.48$3,980
Sep 20200037.091.99$0
Aug 2020057339.982.39$1,367
Jul 20200138.371.83$2
Jun 2020064434.901.69$1,089
May 2020088016.921.81$1,597
Apr 202001,00114.751.80$1,806
Mar 2020085030.341.86$1,578
Feb 202001,95549.881.98$3,872
Jan 202001,62857.252.09$3,410
Dec 20190059.012.30$0
Nov 201901,26255.302.75$3,471
Oct 201902,39853.472.42$5,800
Sep 201902,69955.052.66$7,172
Aug 201902,45253.112.30$5,650
Jul 201902,58656.272.46$6,362
Jun 201902,20452.782.49$5,491
May 201901,81558.482.74$4,974
Apr 201902,21662.632.75$6,096
Mar 201901,66656.803.06$5,101
Feb 201901,62950.852.79$4,549
Jan 201902,24246.033.23$7,238
Dec 201802,20546.594.19$9,229
Nov 201802,52652.934.24$10,703
Oct 201802,55861.443.40$8,692
Sep 201802,55959.543.11$7,953
Aug 201802,48959.403.07$7,633
Jul 201802,27865.142.93$6,679
Jun 20181262,46160.183.08$15,155
May 201802,11365.382.90$6,129
Apr 201801,97363.842.90$5,723
Mar 201802,37361.222.79$6,613
Feb 201802,17761.782.77$6,022
Jan 201802,09462.874.01$8,396
Dec 201702,10457.272.92$6,147
Nov 2017202,35155.423.12$8,440
Oct 201702,34549.292.98$6,997
Sep 201702,25047.523.09$6,946
Aug 201702,37545.373.00$7,135
Jul 201702,43643.873.09$7,521
Jun 201702,36942.493.09$7,314
May 201702,56345.373.26$8,364
Apr 201702,52847.933.21$8,119
Mar 201702,23346.772.98$6,663
Feb 201702,36450.452.95$6,980
Jan 201702,36749.413.42$8,092
Dec 201602,47848.763.72$9,225
Nov 2016632,50742.492.64$9,306
Oct 201602,16746.193.09$6,697
Sep 201602,32141.553.10$7,197
Aug 201601,93741.442.92$5,664
Jul 201601,62341.622.92$4,746
Jun 201601,77145.352.69$4,757
May 201601,86942.521.99$3,721
Apr 201601,90136.561.99$3,785
Mar 201652,03633.011.79$3,818
Feb 201601,71626.472.06$3,541
Jan 2016962,04927.352.36$7,470
Dec 201502,18332.362.00$4,369
Nov 201502,66538.792.17$5,776
Oct 201503,06943.552.43$7,447
Sep 201503,07742.992.76$8,488
Aug 201503,57240.162.87$10,261
Jul 201503,70948.152.95$10,923
Jun 201503,59956.152.88$10,375
May 201503,81455.212.96$11,272
Apr 201503,82249.822.71$10,345
Mar 201504,11242.892.93$12,068
Feb 2015714,92244.662.98$17,820
Jan 201506,78943.433.10$21,050
Dec 201407,03854.693.59$25,276
Nov 201407,03370.464.25$29,903
Oct 201406,96478.303.90$27,166
Sep 201406,09886.164.05$24,669
Aug 201403,87689.394.04$15,640
Jul 201403,88196.564.18$16,221
Jun 201403,11898.164.74$14,770
May 2014722,77594.734.73$19,937
Apr 201402,46295.944.81$11,840
Mar 201482,96995.895.06$15,781
Feb 201403,40097.406.19$21,053
Jan 201402,66890.404.86$12,968
Dec 201303,24891.824.35$14,143
Nov 201303,35088.853.74$12,523
Oct 201303,63897.423.78$13,749
Sep 2013693,478104.113.72$20,114
Aug 201303,137104.253.52$11,050
Jul 201303,143102.523.72$11,685
Jun 201303,08094.403.93$12,115
May 2013833,39094.834.15$21,936
Apr 201303,39493.964.28$14,535
Mar 201303,61493.623.91$14,141
Feb 201303,22291.233.42$11,019
Jan 201303,94491.603.42$13,488
Dec 201204,18286.773.42$14,303
Nov 201204,18186.953.62$15,156
Oct 201204,30289.383.40$14,625
Sep 201244,25994.672.92$12,808
Aug 20121634,52692.662.91$28,266
Jul 201204,41785.133.02$13,343
Jun 201204,10579.822.52$10,341
May 201204,71191.612.49$11,722
Apr 201204,515101.652.00$9,016
Mar 201204,397105.052.22$9,770
Feb 201204,220101.102.57$10,846
Jan 201204,89598.092.73$13,383
Dec 201105,29996.873.24$17,167
Nov 201104,91995.723.31$16,288
Oct 20111835,15584.983.65$34,360
Sep 201104,99383.623.99$19,901
Aug 201105,53083.404.15$22,946
Jul 201105,84494.144.52$26,399
Jun 201195,78192.904.64$27,659
May 201104,08998.134.40$18,011
Apr 201104,653105.964.33$20,163
Mar 201105,12596.364.06$20,794
Feb 201105,95985.644.18$24,909
Jan 201119310,73386.504.59$65,946
Dec 2010010,98185.734.35$47,743
Nov 201009,33380.843.80$35,422
Oct 201008,61778.103.51$30,236
Sep 201007,65772.633.98$30,471
Aug 201036,84573.684.42$30,472
Jul 201008,75872.554.74$41,482
Jun 20101849,76270.364.91$60,882
May 2010014,31471.124.24$60,623
Apr 201018015,75881.694.12$79,670
Mar 2010020,79478.394.39$91,258
Feb 2010027,22773.585.44$148,179
Jan 2010033,98674.365.96$202,696

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.

Nov 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 69.05 =         $0
Gas                  615 Mcf  × $  2.20 =     $1,352

────────────────────────────────────────────────────
Month total                                   $1,352

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/255089 is the state's own key, not one this site invented.