GRACE CARTER 56

Operated by APACHE CORPORATION (P-5 27200) in the PHANTOM (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 284024District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.4 M
Feb 2012 – May 2026
Value, last 12 filed months
$444 k
at the published price for each month
Months reported
172
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 7,755 leases and 10,539 wells, and the rule below applies to all of them.

Discovered
1983-06-23
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 20 acres. The field rule took effect on 2017-08-01.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: FOR THE FOLLOWING API 389-37515.

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
High Cost Gas112019-09-18223895
NGPA1none

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
CondensateDisposition99,532 bbl$7,366,004
GasProduction1,545,314 Mcf$4,998,118
Total$12,364,122

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 31.5285, -103.4969. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.52853, -103.49690 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,521 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 10,521 ft.

Completions filed
Feb 2012
1 of 1 wells

1 well

42-475359422H10,521 ftFeb 2012

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 (172)

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

172 months

May 20261574,959106.413.05$31,811
Apr 20263094,35198.932.87$43,056
Mar 20263514,91789.753.15$46,988
Feb 20261694,51063.503.75$27,645
Jan 20261565,06959.138.00$49,766
Dec 20253135,08056.664.41$40,154
Nov 20253035,07358.593.93$37,672
Oct 20253735,61159.383.30$40,692
Sep 20253014,79462.743.08$33,635
Aug 20251564,85763.933.01$24,616
Jul 20253214,82166.743.32$37,406
Jun 20252224,90466.483.13$30,102
May 20252215,26960.553.23$30,413
Apr 20252585,31362.363.54$34,913
Mar 20253115,80067.704.27$45,811
Feb 20253215,75370.884.34$47,725
Jan 20253206,52174.324.28$51,684
Dec 20242786,82868.993.12$40,492
Nov 20244578,06969.052.20$49,295
Oct 20241344,69371.372.28$20,270
Sep 20240069.612.36$0
Aug 20242313,72375.632.06$25,153
Jul 20242204,74379.932.15$27,766
Jun 202405,43578.082.63$14,316
May 20243435,03178.812.20$38,092
Apr 20242982,61384.451.66$29,502
Mar 20243114,67080.301.55$32,189
Feb 20243314,68476.091.78$33,540
Jan 20242214,83173.023.30$32,068
Dec 20235234,75671.262.61$49,686
Nov 20232723,72277.892.81$31,636
Oct 20232213,96685.443.09$31,126
Sep 20232833,96189.042.74$36,032
Aug 20232563,61180.522.67$30,265
Jul 20232934,05374.852.64$32,638
Jun 20233303,89768.962.26$31,558
May 20233743,39570.622.23$33,974
Apr 20233625,27378.122.24$40,079
Mar 20233114,09572.852.39$32,456
Feb 202353891575.112.47$42,665
Jan 20233923,91076.533.39$43,246
Dec 20222983,24276.415.73$41,344
Nov 20223292,60485.005.65$42,668
Oct 20223882,83387.185.86$50,438
Sep 20222475,10984.888.16$62,674
Aug 20223296,20894.529.13$87,758
Jul 202235011,530101.587.54$122,513
Jun 202243112,378115.097.98$148,346
May 202241213,751109.378.43$161,023
Apr 202266715,065104.226.84$172,523
Mar 20222466,382108.885.08$59,182
Feb 2022731,34191.054.86$13,162
Jan 202245610,21881.844.54$83,685
Dec 20215297,97371.323.90$68,816
Nov 202149714,01177.435.24$111,856
Oct 20215653479.795.71$7,519
Sep 202157069.865.35$3,982
Aug 20213445,70066.024.22$46,768
Jul 20214836,69070.783.98$60,827
Jun 20213176,02469.493.38$42,393
May 20212987,39063.483.02$41,218
Apr 20213057,12460.362.76$38,061
Mar 20215158,83861.302.72$55,582
Feb 20214353,20557.805.55$42,924
Jan 2021297,28750.412.81$21,940
Dec 20205557,22244.642.68$44,097
Nov 20203437,59538.772.71$33,855
Oct 20202247,11436.972.48$25,913
Sep 20204118,54937.091.99$32,265
Aug 20203998,42439.982.39$36,044
Jul 20203769,21438.371.83$31,244
Jun 20207639,34434.901.69$42,423
May 202042810,11016.921.81$25,589
Apr 202018510,11414.751.80$20,978
Mar 202043210,58830.341.86$32,761
Feb 202048210,35449.881.98$44,550
Jan 202060211,83757.252.09$59,260
Dec 201946712,06859.012.30$55,367
Nov 201955011,98755.302.75$63,388
Oct 201942411,00653.472.42$49,290
Sep 201969410,47955.052.66$66,050
Aug 20194139,06153.112.30$42,814
Jul 201965312,09256.272.46$66,491
Jun 20197535,70152.782.49$53,946
May 201986812,43658.482.74$84,839
Apr 20191678,84762.632.75$34,795
Mar 201985011,15256.803.06$82,429
Feb 201976514,33350.852.79$78,921
Jan 201956246.033.23$2,584
Dec 20189123,99446.594.19$59,207
Nov 20181828,92352.934.24$47,442
Oct 20182456,52361.443.40$37,218
Sep 20189237,72659.543.11$78,968
Aug 20181,1038,29759.403.07$90,961
Jul 20188463065.142.93$7,319
Jun 20181193,26660.183.08$17,211
May 2018641065.382.90$41,909
Apr 201813431163.842.90$9,457
Mar 20181012,94661.222.79$14,393
Feb 20184095,52861.782.77$40,559
Jan 20183644,31462.874.01$40,181
Dec 20172433,38757.272.92$23,812
Nov 20175754,75955.423.12$46,707
Oct 20171804,79549.292.98$23,179
Sep 20171771,92847.523.09$14,363
Aug 20177305,38445.373.00$49,296
Jul 20174016,77743.873.09$38,514
Jun 20173897,94842.493.09$41,066
May 20175844,34945.373.26$40,689
Apr 20175415,26647.933.21$42,842
Mar 20174814,02146.772.98$34,494
Feb 20176003,53350.452.95$40,702
Jan 20173432,78949.413.42$26,483
Dec 201658611,75348.763.72$72,328
Nov 20165459,41442.492.64$48,051
Oct 20166184,18146.193.09$41,466
Sep 20163513,09941.553.10$24,193
Aug 20166649,02941.442.92$53,920
Jul 201662213,64441.622.92$65,787
Jun 201672714,27445.352.69$71,307
May 201665316,54642.521.99$60,709
Apr 201670712,66536.561.99$51,064
Mar 201690211,37233.011.79$50,177
Feb 201602,31226.472.06$4,771
Jan 201601,53727.352.36$3,634
Dec 201513253232.362.00$5,336
Nov 20152941,76738.792.17$15,234
Oct 201572977043.552.43$33,616
Sep 201532539042.992.76$15,048
Aug 201546178040.162.87$20,754
Jul 20153183,37348.152.95$25,245
Jun 20155923,04256.152.88$42,010
May 20156245,72255.212.96$51,362
Apr 20157133,94249.822.71$46,191
Mar 20155699,66942.892.93$52,780
Feb 20159531,71144.662.98$47,653
Jan 20154082,58543.433.10$25,735
Dec 20149921,82254.693.59$60,796
Nov 20144125,27670.464.25$51,462
Oct 201467810,61478.303.90$94,492
Sep 20143533,68786.164.05$45,330
Aug 201443812,19989.394.04$88,377
Jul 20141,2048,49296.564.18$151,751
Jun 20146738,22398.164.74$105,013
May 20148729,91694.734.73$129,473
Apr 20147595,11595.944.81$97,417
Mar 20147943,55795.895.06$94,124
Feb 20147144,88697.406.19$99,798
Jan 20146888,64190.404.86$104,197
Dec 201334612,09791.824.35$84,446
Nov 20131,06110,93188.853.74$135,133
Oct 201351710,41697.423.78$89,732
Sep 201369813,474104.113.72$122,762
Aug 20131,05514,796104.253.52$162,104
Jul 201387314,825102.523.72$144,615
Jun 201371114,46794.403.93$124,023
May 20136988,43394.834.15$101,181
Apr 201370714,91093.964.28$130,283
Mar 20131,08416,54093.623.91$166,203
Feb 20131,38914,86791.233.42$177,562
Jan 20131,44619,79191.603.42$200,137
Dec 201294919,70586.773.42$149,739
Nov 20121,05924,71786.953.62$181,678
Oct 20121,89530,42889.383.40$272,821
Sep 20121,55131,40994.672.92$238,497
Aug 20122,10042,12592.662.91$317,092
Jul 20122,11650,63685.133.02$333,096
Jun 20122,96627,93779.822.52$307,121
May 20124,59971,43191.612.49$599,058
Apr 20125,44597,492101.652.00$748,156
Mar 20123,24456,300105.052.22$465,885
Feb 2012010,114101.102.57$25,995

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 2026 — as filed, then multipliedworked
Condensate           157 bbl  × $106.41 =    $16,706
Gas                4,959 Mcf  × $  3.05 =    $15,104

────────────────────────────────────────────────────
Month total                                  $31,811

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. 08/G/284024 is the state's own key, not one this site invented.