GRAVES -B-

Operated by EQV OPERATING LLC (P-5 101634) in the CARTHAGE (PETTIT, LOWER GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 29982District 06Field 16032650CondensateGasSaveExport
Value, all time
$5.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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 588 leases and 588 wells, and the rule below applies to all of them.

Discovered
1942-04-03
as the register files it
Field class
Gas
the register's own label
Between wells
3,960 ft
minimum
From a lease line
1,320 ft
minimum

A drilling unit in this field needs at least 640 acres.

The Commission's schedule remark for this field reads: EFFECTIVE JUNE.

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
CondensateDisposition18,504 bbl$1,278,110
GasProduction1,105,535 Mcf$4,629,764
Total$5,907,875

242,440 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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.

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
6,351 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 6,351 ft.

Completions filed
Nov 1947
1 of 1 wells

1 well

42-3650170616,351 ftNov 1947

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 (401)

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

401 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 20240069.052.20$0
Oct 20240071.372.28$0
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 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 202210385.005.65$867
Oct 2022641987.185.86$5,691
Sep 20222684.888.16$219
Aug 20228294.529.13$774
Jul 202236298101.587.54$5,904
Jun 20221101,028115.097.98$20,860
May 20221961,176109.378.43$31,354
Apr 20221911,185104.226.84$28,009
Mar 20222051,277108.885.08$28,803
Feb 202216240591.054.86$16,718
Jan 20221931,19881.844.54$21,231
Dec 20212101,26571.323.90$19,910
Nov 20212311,22977.435.24$24,322
Oct 202118498779.795.71$20,321
Sep 20211851,20669.865.35$19,377
Aug 20212361,26866.024.22$20,932
Jul 20211931,27870.783.98$18,750
Jun 20211631,85069.493.38$17,581
May 20212653,52463.483.02$27,456
Apr 20211823,24960.362.76$19,948
Mar 20211291,99061.302.72$13,314
Feb 202114897257.805.55$13,947
Jan 20211191,38350.412.81$9,885
Dec 20201451,57444.642.68$10,684
Nov 2020063738.772.71$1,724
Oct 2020042036.972.48$1,041
Sep 2020044737.091.99$890
Aug 2020058439.982.39$1,393
Jul 2020070638.371.83$1,289
Jun 2020076034.901.69$1,285
May 2020083616.921.81$1,517
Apr 2020083114.751.80$1,499
Mar 2020085730.341.86$1,591
Feb 2020082849.881.98$1,640
Jan 2020092857.252.09$1,944
Dec 2019094259.012.30$2,171
Nov 2019094455.302.75$2,597
Oct 2019098753.472.42$2,387
Sep 2019093055.052.66$2,471
Aug 2019099053.112.30$2,281
Jul 201901,01256.272.46$2,490
Jun 201901,02952.782.49$2,563
May 201901,16058.482.74$3,179
Apr 201901,17162.632.75$3,221
Mar 201901,21356.803.06$3,714
Feb 201941,08350.852.79$3,227
Jan 2019141,19546.033.23$4,502
Dec 2018131,20946.594.19$5,666
Nov 2018141,22852.934.24$5,944
Oct 2018101,28361.443.40$4,974
Sep 2018101,28059.543.11$4,574
Aug 2018101,30459.403.07$4,593
Jul 2018101,39265.142.93$4,733
Jun 2018101,70860.183.08$5,857
May 2018131,82665.382.90$6,147
Apr 2018141,77363.842.90$6,037
Mar 2018171,74661.222.79$5,907
Feb 2018351,69661.782.77$6,854
Jan 2018311,95462.874.01$9,783
Dec 2017381,98557.272.92$7,975
Nov 2017242,15655.423.12$8,053
Oct 2017787549.292.98$2,956
Sep 201749147.523.09$471
Aug 2017251,85945.373.00$6,719
Jul 2017241,92843.873.09$7,005
Jun 2017241,87142.493.09$6,796
May 2017292,07645.373.26$8,091
Apr 2017272,03547.933.21$7,830
Mar 2017382,16746.772.98$8,243
Feb 2017441,84950.452.95$7,679
Jan 2017582,18949.413.42$10,350
Dec 2016512,13448.763.72$10,431
Nov 2016392,31742.492.64$7,784
Oct 2016982,11346.193.09$11,056
Sep 2016772,11441.553.10$9,754
Aug 2016762,17241.442.92$9,501
Jul 2016712,21341.622.92$9,427
Jun 2016712,41445.352.69$9,703
May 2016722,24942.521.99$7,539
Apr 2016782,35536.561.99$7,541
Mar 2016322,50233.011.79$5,545
Feb 2016342,28726.472.06$5,620
Jan 2016112,49227.352.36$6,193
Dec 2015142,58232.362.00$5,621
Nov 2015102,63238.792.17$6,092
Oct 2015122,74743.552.43$7,188
Sep 2015142,73242.992.76$8,138
Aug 2015132,82540.162.87$8,637
Jul 2015123,02748.152.95$9,493
Jun 2015142,67456.152.88$8,495
May 2015132,06955.212.96$6,833
Apr 2015182,88749.822.71$8,711
Mar 2015241,97442.892.93$6,822
Feb 2015282,44544.662.98$8,527
Jan 2015752,73243.433.10$11,728
Dec 2014622,80354.693.59$13,457
Nov 2014702,72270.464.25$16,506
Oct 2014663,08178.303.90$17,187
Sep 2014692,96886.164.05$17,952
Aug 2014633,17589.394.04$18,443
Jul 2014652,94096.564.18$18,564
Jun 2014633,28798.164.74$21,754
May 2014713,25394.734.73$22,101
Apr 2014703,33295.944.81$22,740
Mar 2014863,35695.895.06$25,217
Feb 2014643,14897.406.19$25,726
Jan 2014833,08090.404.86$22,474
Dec 2013803,35391.824.35$21,946
Nov 2013762,92088.853.74$17,668
Oct 2013653,43497.423.78$19,311
Sep 2013602,868104.113.72$16,909
Aug 2013523,252104.253.52$16,877
Jul 2013792,020102.523.72$15,609
Jun 2013962,92294.403.93$20,556
May 2013743,34594.834.15$20,896
Apr 2013783,29493.964.28$21,436
Mar 2013662,85093.623.91$17,331
Feb 2013712,87191.233.42$16,296
Jan 2013703,23091.603.42$17,458
Dec 2012763,18386.773.42$17,481
Nov 2012823,11186.953.62$18,407
Oct 2012793,23389.383.40$18,052
Sep 2012643,20294.672.92$15,404
Aug 2012723,35492.662.91$16,425
Jul 2012663,33585.133.02$15,693
Jun 2012673,33079.822.52$13,736
May 2012813,65991.612.49$16,525
Apr 2012673,167101.652.00$13,134
Mar 2012783,457105.052.22$15,876
Feb 2012673,149101.102.57$14,867
Jan 2012602,82498.092.73$13,606
Dec 2011662,84296.873.24$15,601
Nov 2011873,53595.723.31$20,033
Oct 2011823,59384.983.65$20,078
Sep 2011793,60583.623.99$20,975
Aug 2011753,73083.404.15$21,732
Jul 2011933,77294.144.52$25,794
Jun 2011813,71092.904.64$24,739
May 20112198398.134.40$6,391
Apr 2011893,943105.964.33$26,517
Mar 20111034,05696.364.06$26,382
Feb 2011803,54785.644.18$21,678
Jan 20111184,47386.504.59$30,733
Dec 2010682,63085.734.35$17,264
Nov 2010903,64780.843.80$21,117
Oct 2010602,83678.103.51$14,637
Sep 2010391,64272.633.98$9,367
Aug 2010593,02973.684.42$17,733
Jul 2010653,62472.554.74$21,881
Jun 2010733,82170.364.91$23,899
May 2010904,00971.124.24$23,380
Apr 2010913,72581.694.12$22,791
Mar 2010993,98978.394.39$25,267
Feb 2010983,45573.585.44$26,014
Jan 2010963,87574.365.96$30,249
Dec 20091124,03871.445.48$30,145
Nov 20091084,05574.593.75$23,268
Oct 2009944,14372.544.11$23,848
Sep 2009914,25765.543.06$19,011
Aug 2009904,37567.423.22$20,149
Jul 2009753,97261.133.46$18,346
Jun 2009754,36866.163.90$21,975
May 2009834,42054.743.93$21,895
Apr 20091114,44246.773.59$21,127
Mar 20091095,10242.144.06$25,302
Feb 2009351,98232.814.63$10,331
Jan 20091334,48035.865.37$28,831
Dec 20081414,68337.105.98$33,222
Nov 20081134,51355.496.86$37,231
Oct 20081074,38175.246.92$38,376
Sep 2008672,962101.767.88$30,150
Aug 20081304,731114.228.48$54,982
Jul 20081364,765131.0811.39$72,098
Jun 20081364,669131.3313.03$78,710
May 20081414,563123.1711.57$70,180
Apr 20081744,631110.3110.45$67,610
Mar 20081674,879101.909.66$64,168
Feb 20081854,69792.538.77$58,313
Jan 20081645,01590.388.21$55,974
Dec 20071714,76288.337.30$49,876
Nov 20071375,06191.677.29$49,462
Oct 20071245,43382.856.92$47,881
Sep 2007894,18775.846.24$32,894
Aug 2007935,31669.066.39$40,381
Jul 2007745,38370.906.39$39,633
Jun 2007725,20162.007.55$43,723
May 2007905,52458.747.85$48,629
Apr 20071015,38359.617.81$48,036
Mar 20072235,82356.927.30$55,213
Feb 20072645,28355.108.22$57,952
Jan 20072976,03450.306.73$55,529
Dec 20063186,92056.656.92$65,890
Nov 20062374,98854.207.62$50,841
Oct 20061202,90754.906.01$24,070
Sep 20061173,71560.085.04$25,743
Aug 2006425,58168.717.34$43,850
Jul 2006586,34469.376.34$44,262
Jun 2006545,88166.286.38$41,123
May 2006586,04166.016.42$42,642
Apr 2006596,10164.397.36$48,705
Mar 2006746,85156.707.08$52,721
Feb 2006816,66557.597.75$56,326
Jan 2006847,46060.598.93$71,732
Dec 2005707,77154.9413.42$108,097
Nov 2005547,59454.6910.59$83,362
Oct 2005508,37158.3413.80$118,401
Sep 2005418,20661.4512.08$101,640
Aug 2005417,46861.519.80$75,685
Jul 2005357,35055.697.84$59,600
Jun 2005316,29652.337.38$48,093
May 2005386,40545.226.65$44,319
Apr 20056710,72049.207.36$82,201
Mar 20058411,99350.377.15$90,040
Feb 20056310,58145.226.31$69,635
Jan 20055910,65843.166.32$69,928
Dec 2004539,40639.866.75$65,613
Nov 2004519,34845.286.33$61,486
Oct 2004479,89349.706.52$66,790
Sep 2004621,42143.245.28$10,189
Aug 20043389,99242.375.55$69,783
Jul 200430910,63038.286.08$76,503
Jun 20042969,10736.106.43$69,271
May 20041755,08237.486.49$39,564
Apr 2004862,15234.475.86$15,572
Mar 2004531,19234.365.53$8,413
Feb 2004611,16732.455.51$8,409
Jan 2004651,35132.036.30$10,593
Dec 2003541,41430.266.30$10,545
Nov 2003421,29728.804.60$7,170
Oct 2003391,26328.174.76$7,110
Sep 2003782,95426.314.75$16,082
Aug 2003371,30829.765.13$7,811
Jul 2003341,37829.415.17$8,125
Jun 2003481,37928.565.98$9,621
May 2003511,54826.595.97$10,602
Apr 2003551,34026.675.41$8,713
Mar 2003531,39331.146.10$10,142
Feb 2003111,27833.487.93$10,498
Jan 2003131,42230.315.58$8,332
Dec 2002131,41726.914.85$7,228
Nov 2002121,34624.664.14$5,864
Oct 2002101,34326.464.23$5,944
Sep 200291,31727.443.64$5,035
Aug 200291,37325.963.16$4,578
Jul 2002101,42724.583.06$4,615
Jun 200291,36923.733.34$4,784
May 2002111,50124.663.58$5,651
Apr 2002111,45923.653.51$5,385
Mar 2002111,29422.003.10$4,257
Feb 2002111,32518.222.38$3,348
Jan 2002121,42517.172.38$3,591
Dec 2001121,44016.932.36$3,608
Nov 2001111,44018.072.41$3,663
Oct 2001131,46019.782.53$3,949
Sep 200181,45824.262.25$3,477
Aug 200191,48724.873.05$4,764
Jul 200111,44723.933.20$4,650
Jun 200181,40024.563.82$5,550
May 2001101,47625.524.31$6,613
Apr 2001131,50124.685.34$8,329
Mar 2001301,54824.545.38$9,059
Feb 2001241,36827.755.77$8,555
Jan 2001341,53027.478.40$13,784
Dec 2000301,55026.889.12$14,946
Nov 2000221,50132.215.66$9,201
Oct 2000171,55331.235.15$8,522
Sep 200091,50631.875.19$8,098
Aug 2000101,56829.644.54$7,416
Jul 200091,59328.534.09$6,772
Jun 2000171,29729.304.40$6,201
May 200001,50427.263.68$5,534
Apr 200001,30024.513.12$4,051
Mar 200001,68028.422.86$4,804
Feb 200001,42427.622.73$3,883
Jan 200001,60225.272.48$3,974
Dec 199901,70024.282.42$4,120
Nov 199901,66023.192.43$4,040
Oct 199901,70920.982.80$4,792
Sep 199901,69721.752.62$4,444
Aug 199901,64319.262.88$4,725
Jul 199901,67417.892.37$3,971
Jun 199901,61915.942.36$3,824
May 199901,65315.792.32$3,837
Apr 199901,60615.102.21$3,546
Mar 199901,74212.471.84$3,202
Feb 199901,5669.981.82$2,847
Jan 199901,73710.381.90$3,300
Dec 199801,7429.201.77$3,089
Nov 199801,63310.892.19$3,569
Oct 199801,73612.421.97$3,419
Sep 199801,76612.592.08$3,678
Aug 199801,14011.301.91$2,174
Jul 1998045411.742.24$1,016
Jun 1998035611.242.24$796
May 1998040412.622.21$891
Apr 1998029213.042.51$732
Mar 1998030512.802.31$704
Feb 1998028113.952.30$646
Jan 1998050014.702.15$1,077
Dec 1997044216.322.41$1,066
Nov 1997035118.193.09$1,084
Oct 1997041419.253.15$1,304
Sep 1997042717.742.95$1,262
Aug 1997039517.862.55$1,009
Jul 1997043017.582.25$966
Jun 1997043417.242.26$980
May 1997063618.972.31$1,468
Apr 1997072717.882.08$1,514
Mar 199701,73218.951.94$3,359
Feb 199701,58420.492.21$3,494
Jan 199701,97523.483.54$6,991
Dec 199601,60623.32$0
Nov 199601,67621.97$0
Oct 199601,45323.31$0
Sep 199601,67422.22$0
Aug 199602,02120.26$0
Jul 199601,99019.55$0
Jun 199602,04318.73$0
May 199602,21919.43$0
Apr 199602,53121.51$0
Mar 199602,62019.38$0
Feb 199603,07716.98$0
Jan 199604,44517.07$0
Dec 199506,25217.19$0
Nov 199505,92016.00$0
Oct 199506,23215.43$0
Sep 199506,04616.18$0
Aug 199506,54815.92$0
Jul 199506,28215.24$0
Jun 199506,43316.41$0
May 199506,66417.56$0
Apr 199506,73217.73$0
Mar 199506,91116.44$0
Feb 199506,56616.58$0
Jan 199502,41815.92$0
Dec 199403,27515.03$0
Nov 199405,41415.90$0
Oct 199406,58215.58$0
Sep 199406,97415.29$0
Aug 199406,78016.13$0
Jul 199403,68717.56$0
Jun 199405,74317.09$0
May 199406,77215.88$0
Apr 199406,75114.14$0
Mar 199407,15312.46$0
Feb 199405,95012.50$0
Jan 199406,71712.66$0
Dec 199307,27112.33$0
Nov 199306,66714.49$0
Oct 199306,68215.85$0
Sep 199307,63615.03$0
Aug 199303,43815.66$0
Jul 199302,56615.46$0
Jun 199305,15316.79$0
May 199306,80917.68$0
Apr 199306,97518.05$0
Mar 199307,99118.14$0
Feb 199305,96517.90$0
Jan 199303,13016.93$0

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 2022 — as filed, then multipliedworked
Condensate            10 bbl  × $ 85.00 =       $850
Gas                    3 Mcf  × $  5.65 =        $17

────────────────────────────────────────────────────
Month total                                     $867

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/29982 is the state's own key, not one this site invented.