GRAVES

Name: GRAVES lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by SHERIDAN PRODUCTION COMPANY, LLC (P-5 775854) 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 79183District 06Field 16032174NGPA filingCondensateGasSave Export

Value, all time

$3.2 M

Jan 1993 – May 2017

Value, last 12 filed months

$38 k

at the published price for each month

Months reported

293

no gaps in the span

Streams

condensate, gas

The CARTHAGE (COTTON VALLEY) field

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	3	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	7,442 bbl	$191,147
Gas	Production	885,710 Mcf	$2,967,760
Total			$3,158,907

241,520 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.

These wells centre on 32.0546, -94.3941. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.05457, -94.39414 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

1 of 1 wells

With a plug date

0.0%

0 of 1 wells

Median depth

9,680 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

1100.0%

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.

00.0%

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 9,680 ft.

Completions filed

Mar 2017

1 of 1 wells

1 well


42-36530613	1	9,680 ft	Mar 2017	—	Yes

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 (293)

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

293 months


May 2017	0	0	45.37	3.26	$0
Apr 2017	1	0	47.93	3.21	$48
Mar 2017	8	941	46.77	2.98	$3,182
Feb 2017	9	1,041	50.45	2.95	$3,528
Jan 2017	10	1,219	49.41	3.42	$4,662
Dec 2016	10	1,313	48.76	3.72	$5,376
Nov 2016	9	1,117	42.49	2.64	$3,336
Oct 2016	7	1,109	46.19	3.09	$3,750
Sep 2016	6	1,073	41.55	3.10	$3,576
Aug 2016	10	1,143	41.44	2.92	$3,757
Jul 2016	11	1,253	41.62	2.92	$4,122
Jun 2016	7	861	45.35	2.69	$2,630
May 2016	8	984	42.52	1.99	$2,299
Apr 2016	7	1,031	36.56	1.99	$2,309
Mar 2016	6	995	33.01	1.79	$1,983
Feb 2016	6	1,019	26.47	2.06	$2,262
Jan 2016	8	1,344	27.35	2.36	$3,397
Dec 2015	7	1,116	32.36	2.00	$2,460
Nov 2015	7	1,109	38.79	2.17	$2,675
Oct 2015	8	1,583	43.55	2.43	$4,190
Sep 2015	7	1,361	42.99	2.76	$4,055
Aug 2015	5	1,012	40.16	2.87	$3,108
Jul 2015	10	1,835	48.15	2.95	$5,886
Jun 2015	10	1,814	56.15	2.88	$5,791
May 2015	12	2,055	55.21	2.96	$6,736
Apr 2015	8	1,359	49.82	2.71	$4,077
Mar 2015	2	362	42.89	2.93	$1,148
Feb 2015	2	711	44.66	2.98	$2,205
Jan 2015	4	1,284	43.43	3.10	$4,155
Dec 2014	3	1,188	54.69	3.59	$4,431
Nov 2014	4	1,179	70.46	4.25	$5,295
Oct 2014	5	2,155	78.30	3.90	$8,798
Sep 2014	7	2,913	86.16	4.05	$12,387
Aug 2014	4	1,677	89.39	4.04	$7,124
Jul 2014	4	1,608	96.56	4.18	$7,107
Jun 2014	4	1,340	98.16	4.74	$6,740
May 2014	6	1,703	94.73	4.73	$8,618
Apr 2014	8	1,462	95.94	4.81	$7,798
Mar 2014	7	1,428	95.89	5.06	$7,892
Feb 2014	8	1,564	97.40	6.19	$10,463
Jan 2014	9	1,749	90.40	4.86	$9,315
Dec 2013	8	1,577	91.82	4.35	$7,602
Nov 2013	10	2,201	88.85	3.74	$9,116
Oct 2013	7	1,461	97.42	3.78	$6,204
Sep 2013	9	2,073	104.11	3.72	$8,644
Aug 2013	10	2,519	104.25	3.52	$9,916
Jul 2013	4	925	102.52	3.72	$3,849
Jun 2013	5	1,148	94.40	3.93	$4,988
May 2013	10	2,109	94.83	4.15	$9,699
Apr 2013	9	1,785	93.96	4.28	$8,490
Mar 2013	15	2,170	93.62	3.91	$9,895
Feb 2013	16	2,058	91.23	3.42	$8,498
Jan 2013	9	1,218	91.60	3.42	$4,990
Dec 2012	14	1,958	86.77	3.42	$7,911
Nov 2012	10	1,439	86.95	3.62	$6,086
Oct 2012	5	689	89.38	3.40	$2,789
Sep 2012	9	1,457	94.67	2.92	$5,104
Aug 2012	9	1,575	92.66	2.91	$5,414
Jul 2012	12	2,112	85.13	3.02	$7,401
Jun 2012	9	1,502	79.82	2.52	$4,502
May 2012	12	1,887	91.61	2.49	$5,795
Apr 2012	7	1,035	101.65	2.00	$2,778
Mar 2012	10	1,614	105.05	2.22	$4,637
Feb 2012	7	1,556	101.10	2.57	$4,707
Jan 2012	6	1,526	98.09	2.73	$4,761
Dec 2011	5	1,655	96.87	3.24	$5,846
Nov 2011	6	1,612	95.72	3.31	$5,912
Oct 2011	4	1,299	84.98	3.65	$5,079
Sep 2011	6	1,916	83.62	3.99	$8,139
Aug 2011	5	1,656	83.40	4.15	$7,288
Jul 2011	7	1,982	94.14	4.52	$9,612
Jun 2011	7	1,842	92.90	4.64	$9,197
May 2011	10	2,535	98.13	4.40	$12,148
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	12	1,867	96.36	4.06	$8,731
Feb 2011	8	1,207	85.64	4.18	$5,730
Jan 2011	10	1,820	86.50	4.59	$9,217
Dec 2010	14	2,330	85.73	4.35	$11,330
Nov 2010	12	2,197	80.84	3.80	$9,308
Oct 2010	11	2,106	78.10	3.51	$8,249
Sep 2010	15	2,142	72.63	3.98	$9,613
Aug 2010	16	2,180	73.68	4.42	$10,813
Jul 2010	11	1,455	72.55	4.74	$7,690
Jun 2010	12	1,821	70.36	4.91	$9,786
May 2010	12	1,708	71.12	4.24	$8,087
Apr 2010	13	1,777	81.69	4.12	$8,388
Mar 2010	12	1,468	78.39	4.39	$7,383
Feb 2010	6	745	73.58	5.44	$4,496
Jan 2010	17	2,278	74.36	5.96	$14,850
Dec 2009	20	2,531	71.44	5.48	$15,308
Nov 2009	16	2,428	74.59	3.75	$10,302
Oct 2009	15	2,284	72.54	4.11	$10,476
Sep 2009	3	2,176	65.54	3.06	$6,866
Aug 2009	0	2,303	67.42	3.22	$7,412
Jul 2009	0	2,303	61.13	3.46	$7,979
Jun 2009	0	2,258	66.16	3.90	$8,795
May 2009	0	2,718	54.74	3.93	$10,670
Apr 2009	0	2,714	46.77	3.59	$9,736
Mar 2009	0	2,914	42.14	4.06	$11,828
Feb 2009	0	930	32.81	4.63	$4,309
Jan 2009	0	2,334	35.86	5.37	$12,536
Dec 2008	0	2,356	37.10	5.98	$14,082
Nov 2008	0	2,499	55.49	6.86	$17,144
Oct 2008	0	2,689	75.24	6.92	$18,613
Sep 2008	0	2,366	101.76	7.88	$18,637
Aug 2008	0	2,941	114.22	8.48	$24,949
Jul 2008	0	2,970	131.08	11.39	$33,827
Jun 2008	0	2,280	131.33	13.03	$29,714
May 2008	0	1,853	123.17	11.57	$21,447
Apr 2008	0	2,910	110.31	10.45	$30,424
Mar 2008	0	2,993	101.90	9.66	$28,925
Feb 2008	0	3,093	92.53	8.77	$27,127
Jan 2008	0	3,065	90.38	8.21	$25,151
Dec 2007	0	2,842	88.33	7.30	$20,752
Nov 2007	0	2,645	91.67	7.29	$19,287
Oct 2007	0	2,171	82.85	6.92	$15,028
Sep 2007	0	2,454	75.84	6.24	$15,323
Aug 2007	0	2,461	69.06	6.39	$15,721
Jul 2007	0	2,993	70.90	6.39	$19,119
Jun 2007	0	3,181	62.00	7.55	$24,012
May 2007	0	1,670	58.74	7.85	$13,103
Apr 2007	0	2,949	59.61	7.81	$23,018
Mar 2007	0	3,131	56.92	7.30	$22,862
Feb 2007	0	3,011	55.10	8.22	$24,738
Jan 2007	0	2,459	50.30	6.73	$16,541
Dec 2006	0	2,170	56.65	6.92	$15,013
Nov 2006	0	3,192	54.20	7.62	$24,315
Oct 2006	0	3,269	54.90	6.01	$19,659
Sep 2006	0	1,931	60.08	5.04	$9,727
Aug 2006	0	3,237	68.71	7.34	$23,759
Jul 2006	0	2,971	69.37	6.34	$18,844
Jun 2006	0	2,695	66.28	6.38	$17,205
May 2006	0	3,219	66.01	6.42	$20,682
Apr 2006	0	3,077	64.39	7.36	$22,648
Mar 2006	3	2,517	56.70	7.08	$17,998
Feb 2006	10	1,273	57.59	7.75	$10,443
Jan 2006	16	2,432	60.59	8.93	$22,695
Dec 2005	16	2,851	54.94	13.42	$39,126
Nov 2005	15	2,672	54.69	10.59	$29,113
Oct 2005	15	2,544	58.34	13.80	$35,972
Sep 2005	15	2,284	61.45	12.08	$28,510
Aug 2005	16	2,584	61.51	9.80	$26,299
Jul 2005	18	2,637	55.69	7.84	$21,686
Jun 2005	18	2,418	52.33	7.38	$18,789
May 2005	24	2,613	45.22	6.65	$18,465
Apr 2005	18	2,675	49.20	7.36	$20,575
Mar 2005	19	2,683	50.37	7.15	$20,154
Feb 2005	19	2,570	45.22	6.31	$17,081
Jan 2005	18	2,626	43.16	6.32	$17,379
Dec 2004	20	2,947	39.86	6.75	$20,693
Nov 2004	21	3,012	45.28	6.33	$20,018
Oct 2004	17	2,959	49.70	6.52	$20,123
Sep 2004	17	2,587	43.24	5.28	$14,405
Aug 2004	9	2,641	42.37	5.55	$15,041
Jul 2004	13	3,194	38.28	6.08	$19,931
Jun 2004	12	2,759	36.10	6.43	$18,182
May 2004	14	3,236	37.48	6.49	$21,541
Apr 2004	14	3,267	34.47	5.86	$19,622
Mar 2004	15	3,274	34.36	5.53	$18,621
Feb 2004	15	3,160	32.45	5.51	$17,897
Jan 2004	18	3,275	32.03	6.30	$21,208
Dec 2003	20	3,443	30.26	6.30	$22,302
Nov 2003	27	3,521	28.80	4.60	$16,957
Oct 2003	14	3,364	28.17	4.76	$16,406
Sep 2003	4	3,511	26.31	4.75	$16,780
Aug 2003	3	3,805	29.76	5.13	$19,608
Jul 2003	5	3,856	29.41	5.17	$20,086
Jun 2003	5	3,995	28.56	5.98	$24,045
May 2003	6	4,487	26.59	5.97	$26,959
Apr 2003	4	4,622	26.67	5.41	$25,099
Mar 2003	8	5,114	31.14	6.10	$31,424
Feb 2003	25	4,309	33.48	7.93	$34,990
Jan 2003	21	5,497	30.31	5.58	$31,321
Dec 2002	22	5,084	26.91	4.85	$25,269
Nov 2002	25	4,929	24.66	4.14	$21,008
Oct 2002	39	5,394	26.46	4.23	$23,844
Sep 2002	38	8,018	27.44	3.64	$30,190
Aug 2002	27	7,788	25.96	3.16	$25,343
Jul 2002	29	6,177	24.58	3.06	$19,625
Jun 2002	43	5,789	23.73	3.34	$20,345
May 2002	55	6,500	24.66	3.58	$24,652
Apr 2002	89	1,920	23.65	3.51	$8,849
Mar 2002	3	240	22.00	3.10	$811
Feb 2002	13	2,701	18.22	2.38	$6,654
Jan 2002	21	2,958	17.17	2.38	$7,388
Dec 2001	27	2,561	16.93	2.36	$6,512
Nov 2001	17	1,999	18.07	2.41	$5,116
Oct 2001	0	2,553	19.78	2.53	$6,456
Sep 2001	0	2,845	24.26	2.25	$6,405
Aug 2001	0	3,725	24.87	3.05	$11,373
Jul 2001	18	3,905	23.93	3.20	$12,915
Jun 2001	35	3,598	24.56	3.82	$14,619
May 2001	82	3,994	25.52	4.31	$19,296
Apr 2001	78	3,528	24.68	5.34	$20,748
Mar 2001	31	3,236	24.54	5.38	$18,159
Feb 2001	38	2,571	27.75	5.77	$15,882
Jan 2001	0	3,140	27.47	8.40	$26,372
Dec 2000	0	2,720	26.88	9.12	$24,813
Nov 2000	0	3,256	32.21	5.66	$18,422
Oct 2000	0	3,071	31.23	5.15	$15,802
Sep 2000	0	2,451	31.87	5.19	$12,712
Aug 2000	11	2,604	29.64	4.54	$12,150
Jul 2000	11	1,959	28.53	4.09	$8,326
Jun 2000	21	1,731	29.30	4.40	$8,227
May 2000	23	2,565	27.26	3.68	$10,066
Apr 2000	43	3,774	24.51	3.12	$12,814
Mar 2000	82	6,836	28.42	2.86	$21,880
Feb 2000	34	2,665	27.62	2.73	$8,205
Jan 2000	73	4,861	25.27	2.48	$13,902
Dec 1999	58	4,040	24.28	2.42	$11,200
Nov 1999	36	2,705	23.19	2.43	$7,419
Oct 1999	46	4,179	20.98	2.80	$12,682
Sep 1999	3	3,890	21.75	2.62	$10,253
Aug 1999	4	4,527	19.26	2.88	$13,095
Jul 1999	4	4,364	17.89	2.37	$10,425
Jun 1999	17	4,141	15.94	2.36	$10,052
May 1999	12	3,480	15.79	2.32	$8,267
Apr 1999	12	3,261	15.10	2.21	$7,382
Mar 1999	12	3,087	12.47	1.84	$5,825
Feb 1999	13	2,814	9.98	1.82	$5,245
Jan 1999	16	3,422	10.38	1.90	$6,668
Dec 1998	16	3,344	9.20	1.77	$6,077
Nov 1998	12	3,177	10.89	2.19	$7,075
Oct 1998	13	3,420	12.42	1.97	$6,896
Sep 1998	13	3,821	12.59	2.08	$8,121
Aug 1998	17	4,390	11.30	1.91	$8,565
Jul 1998	15	4,361	11.74	2.24	$9,933
Jun 1998	18	4,236	11.24	2.24	$9,679
May 1998	18	4,066	12.62	2.21	$9,198
Apr 1998	20	4,485	13.04	2.51	$11,497
Mar 1998	16	3,389	12.80	2.31	$8,031
Feb 1998	16	3,277	13.95	2.30	$7,757
Jan 1998	19	4,142	14.70	2.15	$9,204
Dec 1997	21	4,604	16.32	2.41	$11,443
Nov 1997	26	4,107	18.19	3.09	$13,156
Oct 1997	17	3,489	19.25	3.15	$11,317
Sep 1997	15	3,570	17.74	2.95	$10,815
Aug 1997	16	4,005	17.86	2.55	$10,517
Jul 1997	17	3,983	17.58	2.25	$9,248
Jun 1997	27	3,320	17.24	2.26	$7,959
May 1997	25	4,070	18.97	2.31	$9,870
Apr 1997	25	3,183	17.88	2.08	$7,076
Mar 1997	30	4,000	18.95	1.94	$8,325
Feb 1997	38	4,166	20.49	2.21	$9,968
Jan 1997	26	3,977	23.48	3.54	$14,688
Dec 1996	26	4,287	23.32	—	$606
Nov 1996	26	3,821	21.97	—	$571
Oct 1996	25	5,204	23.31	—	$583
Sep 1996	21	4,819	22.22	—	$467
Aug 1996	33	3,849	20.26	—	$669
Jul 1996	22	3,925	19.55	—	$430
Jun 1996	23	4,854	18.73	—	$431
May 1996	33	4,505	19.43	—	$641
Apr 1996	64	4,766	21.51	—	$1,377
Mar 1996	28	5,040	19.38	—	$543
Feb 1996	36	3,971	16.98	—	$611
Jan 1996	117	3,901	17.07	—	$1,997
Dec 1995	116	4,517	17.19	—	$1,994
Nov 1995	146	4,427	16.00	—	$2,336
Oct 1995	122	5,013	15.43	—	$1,882
Sep 1995	72	3,931	16.18	—	$1,165
Aug 1995	238	4,763	15.92	—	$3,789
Jul 1995	58	4,960	15.24	—	$884
Jun 1995	130	4,839	16.41	—	$2,133
May 1995	84	4,690	17.56	—	$1,475
Apr 1995	106	4,861	17.73	—	$1,879
Mar 1995	113	5,069	16.44	—	$1,858
Feb 1995	138	5,349	16.58	—	$2,288
Jan 1995	153	4,320	15.92	—	$2,436
Dec 1994	73	5,258	15.03	—	$1,097
Nov 1994	95	4,188	15.90	—	$1,511
Oct 1994	116	5,656	15.58	—	$1,807
Sep 1994	73	4,861	15.29	—	$1,116
Aug 1994	96	5,245	16.13	—	$1,548
Jul 1994	59	4,775	17.56	—	$1,036
Jun 1994	121	5,102	17.09	—	$2,068
May 1994	146	5,123	15.88	—	$2,318
Apr 1994	88	4,902	14.14	—	$1,244
Mar 1994	142	5,592	12.46	—	$1,769
Feb 1994	91	4,788	12.50	—	$1,138
Jan 1994	155	5,377	12.66	—	$1,962
Dec 1993	147	6,234	12.33	—	$1,813
Nov 1993	109	5,618	14.49	—	$1,579
Oct 1993	117	5,865	15.85	—	$1,854
Sep 1993	78	5,628	15.03	—	$1,172
Aug 1993	106	6,030	15.66	—	$1,660
Jul 1993	95	6,025	15.46	—	$1,469
Jun 1993	104	4,942	16.79	—	$1,746
May 1993	193	6,886	17.68	—	$3,412
Apr 1993	50	5,822	18.05	—	$903
Mar 1993	69	4,913	18.14	—	$1,252
Feb 1993	52	6,210	17.90	—	$931
Jan 1993	52	6,799	16.93	—	$880

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.

Apr 2017 — as filed, then multipliedworked

Condensate             1 bbl  × $ 47.93 =        $48
Gas                    0 Mcf  × $  3.21 =         $0

────────────────────────────────────────────────────
Month total                                      $48

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/79183 is the state's own key, not one this site invented.