GRAVES, J. R. G.U.

Operated by BURK ROYALTY CO., LTD. (P-5 108799) in the GARRISON, S. (PETTIT, LO.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 98598District 06Field 34054600NGPA filingCondensateGasSaveExport
Value, all time
$1.3 M
Jan 1993 – Feb 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
242
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 16 leases and 16 wells, and the rule below applies to all of them.

Discovered
1980-06-19
as the register files it
Field class
Oil and gas
the register's own label
Between wells
2,640 ft
minimum
From a lease line
1,320 ft
minimum

A drilling unit in this field needs at least 320 acres. The field rule took effect on 1985-06-10.

The Commission's schedule remark for this field reads: AND AOF-2 EFFECTIVE 12-1-95.

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
NGPA2none

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
CondensateDisposition8,369 bbl$280,334
GasProduction589,439 Mcf$1,034,959
Total$1,315,293

287,982 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 31.8098, -94.4180. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.80980, -94.41803 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
9,190 ft
1 wells filed one
Completion to plug
29.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 9,190 ft.

Completions filed
Mar 1982
1 of 1 wells
Plug dates filed
Jan 2012
1 of 1 wells

Last completion to plug: a median of 29.8 years across the 1 well that filed both dates, with the middle half between 29.8 years and 29.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4193031519,190 ftMar 1982Jan 2012Yes

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 (242)

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

242 months

Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 2011642996.873.24$6,294
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 2011014198.134.40$621
Apr 20110349105.964.33$1,512
Mar 2011025896.364.06$1,047
Feb 201109385.644.18$389
Jan 2011019686.504.59$899
Dec 2010022985.734.35$996
Nov 2010021480.843.80$812
Oct 201016520378.103.51$13,599
Sep 2010029972.633.98$1,190
Aug 2010044973.684.42$1,984
Jul 2010038272.554.74$1,809
Jun 2010042170.364.91$2,067
May 2010038171.124.24$1,614
Apr 2010034381.694.12$1,414
Mar 2010032378.394.39$1,418
Feb 2010041273.585.44$2,242
Jan 2010025574.365.96$1,521
Dec 2009042971.445.48$2,353
Nov 2009027274.593.75$1,020
Oct 2009036072.544.11$1,480
Sep 200915023565.543.06$10,551
Aug 2009029267.423.22$940
Jul 2009031061.133.46$1,074
Jun 2009026466.163.90$1,028
May 2009027854.743.93$1,091
Apr 2009020246.773.59$725
Mar 2009018042.144.06$731
Feb 2009016732.814.63$774
Jan 2009027935.865.37$1,499
Dec 2008027937.105.98$1,668
Nov 2008011255.496.86$768
Oct 2008031075.246.92$2,146
Sep 20080239101.767.88$1,883
Aug 20080339114.228.48$2,876
Jul 2008157324131.0811.39$24,270
Jun 20080296131.3313.03$3,858
May 20080266123.1711.57$3,079
Apr 20080261110.3110.45$2,729
Mar 20080330101.909.66$3,189
Feb 2008031192.538.77$2,728
Jan 2008029690.388.21$2,429
Dec 2007038688.337.30$2,819
Nov 2007037791.677.29$2,749
Oct 2007033182.856.92$2,291
Sep 200716926375.846.24$14,459
Aug 2007025769.066.39$1,642
Jul 200735130370.906.39$26,821
Jun 2007028462.007.55$2,144
May 2007028958.747.85$2,268
Apr 2007030959.617.81$2,412
Mar 2007037056.927.30$2,702
Feb 2007032355.108.22$2,654
Jan 200718424250.306.73$10,883
Dec 2006010456.656.92$720
Nov 20060054.207.62$0
Oct 2006039254.906.01$2,357
Sep 2006042260.085.04$2,126
Aug 2006038668.717.34$2,833
Jul 2006030469.376.34$1,928
Jun 2006025566.286.38$1,628
May 200618731666.016.42$14,374
Apr 2006025564.397.36$1,877
Mar 2006049956.707.08$3,534
Feb 200618875857.597.75$16,702
Jan 2006033760.598.93$3,011
Dec 2005034354.9413.42$4,601
Nov 2005027954.6910.59$2,954
Oct 2005012958.3413.80$1,780
Sep 2005012761.4512.08$1,534
Aug 200536613561.519.80$23,835
Jul 2005026755.697.84$2,094
Jun 2005015452.337.38$1,137
May 2005028945.226.65$1,922
Apr 2005036149.207.36$2,657
Mar 2005063350.377.15$4,529
Feb 2005044045.226.31$2,777
Jan 2005031143.166.32$1,966
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 2004155049.706.52$7,704
Sep 2004012743.245.28$671
Aug 2004038042.375.55$2,109
Jul 200417762738.286.08$10,590
Jun 2004035336.106.43$2,271
May 200418141237.486.49$9,460
Apr 200418033534.475.86$8,167
Mar 2004044534.365.53$2,461
Feb 200401,89132.455.51$10,419
Jan 200417982932.036.30$10,956
Dec 2003094630.266.30$5,961
Nov 2003093728.804.60$4,306
Oct 2003099328.174.76$4,726
Sep 2003094726.314.75$4,498
Aug 2003058629.765.13$3,006
Jul 2003099329.415.17$5,135
Jun 200301,34828.565.98$8,065
May 200301,17326.595.97$7,006
Apr 2003073426.675.41$3,969
Mar 200301,06831.146.10$6,511
Feb 200317186833.487.93$12,605
Jan 2003179430.315.58$4,462
Dec 200211,06526.914.85$5,196
Nov 2002092024.664.14$3,806
Oct 200201,00526.464.23$4,250
Sep 200201,12027.443.64$4,071
Aug 2002881,18425.963.16$6,031
Jul 2002082324.583.06$2,520
Jun 2002089023.733.34$2,971
May 2002098424.663.58$3,527
Apr 200201,09123.653.51$3,832
Mar 20021831,15822.003.10$7,619
Feb 200201,06018.222.38$2,518
Jan 200201,13017.172.38$2,685
Dec 200101,20316.932.36$2,844
Nov 200101,31618.072.41$3,166
Oct 200101,68719.782.53$4,266
Sep 200101,62324.262.25$3,654
Aug 20011871,64324.873.05$9,667
Jul 200101,57723.933.20$5,042
Jun 200101,79824.563.82$6,876
May 200102,83325.524.31$12,203
Apr 2001827,19524.685.34$40,411
Mar 200103,04324.545.38$16,361
Feb 200101,17927.755.77$6,799
Jan 200102,87627.478.40$24,155
Dec 20001343,74026.889.12$37,720
Nov 200003,50632.215.66$19,837
Oct 200003,85531.235.15$19,836
Sep 200003,59231.875.19$18,630
Aug 2000634,09429.644.54$20,457
Jul 200004,05628.534.09$16,588
Jun 20001633,93429.304.40$22,075
May 200004,10927.263.68$15,120
Apr 200004,12524.513.12$12,854
Mar 200004,33528.422.86$12,397
Feb 200003,95427.622.73$10,781
Jan 20001604,35025.272.48$14,833
Dec 199904,53124.282.42$10,982
Nov 199904,27023.192.43$10,393
Oct 199904,59720.982.80$12,889
Sep 199904,37721.752.62$11,463
Aug 19991114,58219.262.88$15,314
Jul 199904,62917.892.37$10,982
Jun 199904,56615.942.36$10,785
May 199904,84615.792.32$11,248
Apr 19991454,78815.102.21$12,762
Mar 199905,10812.471.84$9,390
Feb 199904,6029.981.82$8,365
Jan 19991434,99610.381.90$10,976
Dec 199804,9719.201.77$8,815
Nov 199805,13210.892.19$11,217
Oct 1998945,46812.421.97$11,935
Sep 199805,15512.592.08$10,736
Aug 199805,22011.301.91$9,956
Jul 1998117011.742.24$1,374
Jun 199804,60711.242.24$10,307
May 19981314,59312.622.21$11,787
Apr 199804,48113.042.51$11,226
Mar 199844,84312.802.31$11,236
Feb 199834,11413.952.30$9,500
Jan 199835,29714.702.15$11,458
Dec 199705,31516.322.41$12,815
Nov 199705,08318.193.09$15,698
Oct 199705,33019.253.15$16,789
Sep 19971915,60317.742.95$19,945
Aug 199705,35817.862.55$13,688
Jul 199714,83317.582.25$10,877
Jun 199705,19017.242.26$11,715
May 1997415,69818.972.31$13,932
Apr 199705,46017.882.08$11,372
Mar 1997965,02118.951.94$11,556
Feb 199705,26020.492.21$11,603
Jan 19971715,85623.483.54$24,744
Dec 19962115,05123.32$4,921
Nov 199635,51821.97$66
Oct 199606,18623.31$0
Sep 199606,28722.22$0
Aug 19962035,91920.26$4,113
Jul 199604,00319.55$0
Jun 199625,82518.73$37
May 199605,85119.43$0
Apr 199615,34521.51$22
Mar 19961814,65419.38$3,508
Feb 199604,51516.98$0
Jan 199626,02417.07$34
Dec 199515,92517.19$17
Nov 19951825,38816.00$2,912
Oct 199505,39915.43$0
Sep 199515,22116.18$16
Aug 19951575,82515.92$2,499
Jul 199505,45815.24$0
Jun 199525,23816.41$33
May 19951865,78717.56$3,266
Apr 199505,65117.73$0
Mar 199505,61616.44$0
Feb 19951694,96416.58$2,802
Jan 199505,81615.92$0
Dec 199416,26515.03$15
Nov 19941856,05015.90$2,942
Oct 199406,73815.58$0
Sep 199417,25915.29$15
Aug 19941777,83816.13$2,855
Jul 199408,01917.56$0
Jun 199407,74917.09$0
May 19942078,27515.88$3,287
Apr 199407,53714.14$0
Mar 199407,56212.46$0
Feb 199406,92512.50$0
Jan 19942209,15412.66$2,785
Dec 199306,60312.33$0
Nov 19931812,89314.49$2,623
Oct 199301,99915.85$0
Sep 199302,51315.03$0
Aug 19931862,86815.66$2,913
Jul 199302,26115.46$0
Jun 199303,42616.79$0
May 199308,72517.68$0
Apr 19931898,62518.05$3,411
Mar 199309,30918.14$0
Feb 19931918,32417.90$3,419
Jan 19931939,59916.93$3,267

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.

Dec 2011 — as filed, then multipliedworked
Condensate            64 bbl  × $ 96.87 =     $6,200
Gas                   29 Mcf  × $  3.24 =        $94

────────────────────────────────────────────────────
Month total                                   $6,294

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/98598 is the state's own key, not one this site invented.