GRAHAM, DAN

Operated by BIG RUN PRODUCTION COMPANY (P-5 70370) in the QUITMAN field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 5468District 06Field 73844001OilCasinghead gasSaveExport
Value, all time
$477 k
Jan 1993 – Sep 2006
Value, last 12 filed months
$31 k
at the published price for each month
Months reported
165
no gaps in the span
Streams
2
oil, casinghead 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 71 leases and 163 wells, and the rule below applies to all of them.

Discovered
1952-12-01
as the register files it
Field class
Oil
the register's own label
Between wells
990 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres.

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
OilDisposition26,560 bbl$477,058
Casinghead gasProduction1,448 Mcf$124
Total$477,183

1,404 Mcf of this lease's gas, across 47 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 (2)

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 32.8079, -95.5079. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.80790, -95.50794 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
6,788 ft
2 wells filed one
Completion to plug
33.3 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 6,226 and 7,350 ft, median 6,788 ft, over the 2 wells that filed a depth.

Completions filed
Nov 1970 – Feb 1975
2 of 2 wells
Plug dates filed
Mar 2006
2 of 2 wells

Last completion to plug: a median of 33.3 years across the 2 wells that filed both dates, with the middle half between 32.2 years and 34.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-499301372 U7,350 ftFeb 1975Mar 2006Yes
42-499300351 A6,226 ftNov 1970Mar 2006Yes

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 (165)

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

165 months

Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 2006173066.016.42$11,420
Apr 2006300064.397.36$19,317
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030928.804.60$41
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 2003157029.415.17$4,617
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 2003174026.675.41$4,641
Mar 2003104031.146.10$3,239
Feb 20030033.487.93$0
Jan 2003183030.315.58$5,547
Dec 20020026.914.85$0
Nov 2002174024.664.14$4,291
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 2002170024.583.06$4,179
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 2002160022.003.10$3,520
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 2001168016.932.36$2,844
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 2001330024.262.25$8,006
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 2001173024.563.82$4,249
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 2001177027.755.77$4,912
Jan 20010027.478.40$0
Dec 200093026.889.12$2,500
Nov 2000176032.215.66$5,669
Oct 20000031.235.15$0
Sep 2000165031.875.19$5,259
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000128.422.86$3
Feb 20000127.622.73$3
Jan 2000172125.272.48$4,349
Dec 1999186124.282.42$4,519
Nov 1999170123.192.43$3,945
Oct 1999343120.982.80$7,199
Sep 1999167121.752.62$3,635
Aug 1999357119.262.88$6,879
Jul 19990117.892.37$2
Jun 1999170115.942.36$2,712
May 1999352115.792.32$5,560
Apr 1999335015.102.21$5,059
Mar 1999184012.471.84$2,294
Feb 199917719.981.82$1,768
Jan 1999361110.381.90$3,749
Dec 199818019.201.77$1,658
Nov 1998373110.892.19$4,064
Oct 1998183112.421.97$2,275
Sep 1998174112.592.08$2,193
Aug 1998345111.301.91$3,900
Jul 1998353111.742.24$4,146
Jun 1998356111.242.24$4,004
May 1998544112.622.21$6,867
Apr 1998182113.042.51$2,376
Mar 1998176112.802.31$2,255
Feb 1998188113.952.30$2,625
Jan 199895114.702.15$1,399
Dec 19970116.322.41$2
Nov 19970118.193.09$3
Oct 19970119.253.15$3
Sep 1997126017.742.95$2,235
Aug 19970017.862.55$0
Jul 1997162117.582.25$2,850
Jun 1997188117.242.26$3,243
May 1997178118.972.31$3,379
Apr 19970117.882.08$2
Mar 1997144118.951.94$2,731
Feb 1997151120.492.21$3,096
Jan 1997352123.483.54$8,269
Dec 1996180123.32$4,198
Nov 19960121.97$0
Oct 1996178123.31$4,149
Sep 1996315122.22$6,999
Aug 1996185120.26$3,748
Jul 1996181119.55$3,539
Jun 1996191018.73$3,577
May 1996186119.43$3,614
Apr 1996371121.51$7,980
Mar 1996386119.38$7,481
Feb 1996376116.98$6,384
Jan 1996172117.07$2,936
Dec 1995170117.19$2,922
Nov 1995170116.00$2,720
Oct 1995330115.43$5,092
Sep 1995177116.18$2,864
Aug 1995171115.92$2,722
Jul 1995356115.24$5,425
Jun 1995163116.41$2,675
May 1995363117.56$6,374
Apr 1995171117.73$3,032
Mar 1995529116.44$8,697
Feb 19950116.58$0
Jan 19950115.92$0
Dec 1994280115.03$4,208
Nov 1994483115.90$7,680
Oct 1994337115.58$5,250
Sep 1994177115.29$2,706
Aug 19943765316.13$6,065
Jul 19944766817.56$8,359
Jun 19944243417.09$7,246
May 19945143415.88$8,162
Apr 19945074514.14$7,169
Mar 19943273112.46$4,074
Feb 19946191712.50$7,738
Jan 1994536712.66$6,786
Dec 19935215412.33$6,424
Nov 19935508814.49$7,970
Oct 199370713015.85$11,206
Sep 199353014615.03$7,966
Aug 199335113915.66$5,497
Jul 199334710815.46$5,365
Jun 19933508416.79$5,877
May 19935018017.68$8,858
Apr 19935566418.05$10,036
Mar 1993455818.14$8,254
Feb 1993508117.90$9,093
Jan 199350618616.93$8,567

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.

May 2006 — as filed, then multipliedworked
Oil                  173 bbl  × $ 66.01 =    $11,420
Casinghead gas         0 Mcf  × $  6.42 =         $0

────────────────────────────────────────────────────
Month total                                  $11,420

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/5468 is the state's own key, not one this site invented.