GRIFFIN RANCH OU B

Name: GRIFFIN RANCH OU B lease production and value, Feb 2000 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by GEO-VEST OF TEXAS, INC. (P-5 300267) in the DANVILLE (TRAVIS PEAK CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14002District 06Field 23089812OilCasinghead gasSave Export

Value, all time

$3.9 M

Feb 2000 – Jun 2008

Value, last 12 filed months

$189 k

at the published price for each month

Months reported

101

no gaps in the span

Streams

oil, casinghead gas

The DANVILLE (TRAVIS PEAK CONS.) 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 85 leases and 87 wells, and the rule below applies to all of them.

Discovered

1993-11-22

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 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 1999-11-02.

The Commission's schedule remark for this field reads: “PER DOCKET #06-0254453.”

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
Oil	Disposition	79,851 bbl	$2,995,260
Casinghead gas	Production	144,339 Mcf	$868,245
Total			$3,863,505

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 32.3865, -94.7840. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.38650, -94.78404 · 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

9,689 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 9,689 ft.

Completions filed

May 1998

1 of 1 wells

1 well


42-18331322	1	9,689 ft	May 1998	—	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 (101)

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

101 months


Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	342	212	90.38	8.21	$32,650
Dec 2007	0	2,285	88.33	7.30	$16,685
Nov 2007	355	2,335	91.67	7.29	$49,569
Oct 2007	161	2,510	82.85	6.92	$30,713
Sep 2007	305	1,288	75.84	6.24	$31,174
Aug 2007	176	279	69.06	6.39	$13,937
Jul 2007	0	2,306	70.90	6.39	$14,731
Jun 2007	300	3,467	62.00	7.55	$44,770
May 2007	300	508	58.74	7.85	$21,608
Apr 2007	361	772	59.61	7.81	$27,545
Mar 2007	221	2,905	56.92	7.30	$33,792
Feb 2007	117	2,878	55.10	8.22	$30,092
Jan 2007	388	972	50.30	6.73	$26,055
Dec 2006	509	1,607	56.65	6.92	$39,953
Nov 2006	535	1,378	54.20	7.62	$39,494
Oct 2006	191	0	54.90	6.01	$10,486
Sep 2006	215	100	60.08	5.04	$13,421
Aug 2006	406	134	68.71	7.34	$28,880
Jul 2006	475	82	69.37	6.34	$33,471
Jun 2006	520	3,037	66.28	6.38	$53,853
May 2006	504	2,260	66.01	6.42	$47,790
Apr 2006	886	2,560	64.39	7.36	$75,892
Mar 2006	1,101	2,744	56.70	7.08	$81,862
Feb 2006	400	2,107	57.59	7.75	$39,368
Jan 2006	950	2,950	60.59	8.93	$83,914
Dec 2005	883	2,649	54.94	13.42	$84,049
Nov 2005	912	2,693	54.69	10.59	$78,392
Oct 2005	800	2,766	58.34	13.80	$84,831
Sep 2005	932	2,040	61.45	12.08	$81,913
Aug 2005	900	945	61.51	9.80	$64,617
Jul 2005	632	1,460	55.69	7.84	$46,648
Jun 2005	960	1,480	52.33	7.38	$61,161
May 2005	940	1,485	45.22	6.65	$52,384
Apr 2005	721	1,978	49.20	7.36	$50,032
Mar 2005	990	2,317	50.37	7.15	$66,444
Feb 2005	1,100	1,985	45.22	6.31	$62,271
Jan 2005	700	1,111	43.16	6.32	$37,236
Dec 2004	831	1,003	39.86	6.75	$39,895
Nov 2004	1,020	817	45.28	6.33	$51,358
Oct 2004	1,402	814	49.70	6.52	$74,983
Sep 2004	1,400	704	43.24	5.28	$64,256
Aug 2004	1,301	575	42.37	5.55	$58,315
Jul 2004	1,370	910	38.28	6.08	$57,980
Jun 2004	1,200	843	36.10	6.43	$48,743
May 2004	1,729	878	37.48	6.49	$70,505
Apr 2004	1,600	1,000	34.47	5.86	$61,010
Mar 2004	2,063	986	34.36	5.53	$76,337
Feb 2004	1,335	955	32.45	5.51	$48,582
Jan 2004	2,098	1,066	32.03	6.30	$73,914
Dec 2003	2,000	1,025	30.26	6.30	$66,979
Nov 2003	1,700	833	28.80	4.60	$52,788
Oct 2003	2,251	767	28.17	4.76	$67,061
Sep 2003	1,647	766	26.31	4.75	$46,971
Aug 2003	1,332	787	29.76	5.13	$43,677
Jul 2003	1,501	788	29.41	5.17	$48,219
Jun 2003	1,660	764	28.56	5.98	$51,981
May 2003	1,133	222	26.59	5.97	$31,452
Apr 2003	1,820	950	26.67	5.41	$53,676
Mar 2003	2,009	988	31.14	6.10	$68,583
Feb 2003	1,826	975	33.48	7.93	$68,862
Jan 2003	2,550	1,089	30.31	5.58	$83,369
Dec 2002	2,490	1,001	26.91	4.85	$71,865
Nov 2002	2,830	1,100	24.66	4.14	$74,338
Oct 2002	2,800	1,100	26.46	4.23	$78,740
Sep 2002	1,584	1,089	27.44	3.64	$47,424
Aug 2002	1,219	1,893	25.96	3.16	$37,635
Jul 2002	1,354	4,444	24.58	3.06	$46,888
Jun 2002	1,189	5,110	23.73	3.34	$45,273
May 2002	1,275	4,463	24.66	3.58	$47,437
Apr 2002	178	4,708	23.65	3.51	$20,746
Mar 2002	216	4,206	22.00	3.10	$17,802
Feb 2002	188	2,492	18.22	2.38	$9,346
Jan 2002	565	1,409	17.17	2.38	$13,048
Dec 2001	0	882	16.93	2.36	$2,085
Nov 2001	0	1,133	18.07	2.41	$2,725
Oct 2001	169	1,186	19.78	2.53	$6,342
Sep 2001	167	1,487	24.26	2.25	$7,399
Aug 2001	175	1,491	24.87	3.05	$8,905
Jul 2001	182	1,810	23.93	3.20	$10,142
Jun 2001	177	1,689	24.56	3.82	$10,806
May 2001	174	1,695	25.52	4.31	$11,741
Apr 2001	178	1,307	24.68	5.34	$11,366
Mar 2001	184	1,135	24.54	5.38	$10,618
Feb 2001	178	333	27.75	5.77	$6,860
Jan 2001	182	1,087	27.47	8.40	$14,129
Dec 2000	231	1,264	26.88	9.12	$17,740
Nov 2000	186	1,353	32.21	5.66	$13,646
Oct 2000	355	1,611	31.23	5.15	$19,376
Sep 2000	178	1,348	31.87	5.19	$12,664
Aug 2000	543	1,281	29.64	4.54	$21,911
Jul 2000	178	860	28.53	4.09	$8,596
Jun 2000	180	1,128	29.30	4.40	$10,234
May 2000	545	1,478	27.26	3.68	$20,295
Apr 2000	363	219	24.51	3.12	$9,580
Mar 2000	367	354	28.42	2.86	$11,442
Feb 2000	105	103	27.62	2.73	$3,181

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.

Jan 2008 — as filed, then multipliedworked

Oil                  342 bbl  × $ 90.38 =    $30,910
Casinghead gas       212 Mcf  × $  8.21 =     $1,740

────────────────────────────────────────────────────
Month total                                  $32,650

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/O/14002 is the state's own key, not one this site invented.