GRAYBURG GAS UNIT XIV

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

Operated by VANGUARD PERMIAN, LLC (P-5 881579) in the GOLDSMITH, EAST (GRAYBURG) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 40123District 08Field 35653444Hydrogen sulphide fieldNGPA filingCondensateGasSave Export

Value, all time

$1.6 M

Jan 1993 – Mar 2013

Value, last 12 filed months

$16 k

at the published price for each month

Months reported

243

no gaps in the span

Streams

condensate, gas

The GOLDSMITH, EAST (GRAYBURG) 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 46 leases and 46 wells, and the rule below applies to all of them.

Discovered

—

not filed

Field class

Oil and gas

the register's own label

Between wells

1,800 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 320 acres. The field rule took effect on 1964-12-16.

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.

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	1	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	1,382 bbl	$50,193
Gas	Production	445,704 Mcf	$1,538,371
Total			$1,588,564

101,684 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 31.9921, -102.5597. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.99206, -102.55968 · 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

100.0%

1 of 1 wells

Median depth

4,450 ft

1 wells filed one

Completion to plug

46.6 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 4,450 ft.

Completions filed

Aug 1966

1 of 1 wells

Plug dates filed

Mar 2013

1 of 1 wells

Last completion to plug: a median of 46.6 years across the 1 well that filed both dates, with the middle half between 46.6 years and 46.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-13520422	1	4,450 ft	Aug 1966	Mar 2013	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 (243)

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

243 months


Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	164	0	89.38	3.40	$14,658
Sep 2012	0	1	94.67	2.92	$3
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	80	79.82	2.52	$202
May 2012	0	259	91.61	2.49	$644
Apr 2012	0	267	101.65	2.00	$533
Mar 2012	0	234	105.05	2.22	$520
Feb 2012	0	204	101.10	2.57	$524
Jan 2012	0	159	98.09	2.73	$435
Dec 2011	0	190	96.87	3.24	$616
Nov 2011	0	160	95.72	3.31	$530
Oct 2011	0	163	84.98	3.65	$595
Sep 2011	0	169	83.62	3.99	$674
Aug 2011	0	170	83.40	4.15	$705
Jul 2011	0	162	94.14	4.52	$732
Jun 2011	0	176	92.90	4.64	$817
May 2011	0	180	98.13	4.40	$793
Apr 2011	0	71	105.96	4.33	$308
Mar 2011	0	191	96.36	4.06	$775
Feb 2011	0	175	85.64	4.18	$732
Jan 2011	0	115	86.50	4.59	$528
Dec 2010	0	140	85.73	4.35	$609
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	147	78.10	3.51	$516
Sep 2010	0	156	72.63	3.98	$621
Aug 2010	0	158	73.68	4.42	$698
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	58	72.54	4.11	$238
Sep 2009	0	365	65.54	3.06	$1,119
Aug 2009	0	757	67.42	3.22	$2,436
Jul 2009	0	1,442	61.13	3.46	$4,996
Jun 2009	0	1,826	66.16	3.90	$7,112
May 2009	0	1,800	54.74	3.93	$7,066
Apr 2009	0	1,473	46.77	3.59	$5,284
Mar 2009	0	568	42.14	4.06	$2,306
Feb 2009	0	1,306	32.81	4.63	$6,051
Jan 2009	34	1,268	35.86	5.37	$8,030
Dec 2008	51	1,122	37.10	5.98	$8,598
Nov 2008	0	188	55.49	6.86	$1,290
Oct 2008	0	243	75.24	6.92	$1,682
Sep 2008	0	582	101.76	7.88	$4,584
Aug 2008	0	1,494	114.22	8.48	$12,674
Jul 2008	0	1,514	131.08	11.39	$17,244
Jun 2008	0	1,431	131.33	13.03	$18,650
May 2008	0	1,616	123.17	11.57	$18,704
Apr 2008	0	1,559	110.31	10.45	$16,299
Mar 2008	0	1,151	101.90	9.66	$11,123
Feb 2008	0	1,404	92.53	8.77	$12,314
Jan 2008	0	1,474	90.38	8.21	$12,095
Dec 2007	0	1,401	88.33	7.30	$10,230
Nov 2007	0	1,312	91.67	7.29	$9,567
Oct 2007	0	1,534	82.85	6.92	$10,618
Sep 2007	0	1,215	75.84	6.24	$7,587
Aug 2007	0	1,695	69.06	6.39	$10,828
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	1,485	62.00	7.55	$11,209
May 2007	0	1,659	58.74	7.85	$13,017
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	1,556	56.92	7.30	$11,362
Feb 2007	0	1,352	55.10	8.22	$11,108
Jan 2007	0	1,265	50.30	6.73	$8,509
Dec 2006	0	1,314	56.65	6.92	$9,091
Nov 2006	0	1,000	54.20	7.62	$7,617
Oct 2006	0	1,065	54.90	6.01	$6,405
Sep 2006	0	362	60.08	5.04	$1,823
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	169	1,664	69.37	6.34	$22,278
Jun 2006	0	1,214	66.28	6.38	$7,750
May 2006	0	864	66.01	6.42	$5,551
Apr 2006	0	1,650	64.39	7.36	$12,145
Mar 2006	0	1,395	56.70	7.08	$9,881
Feb 2006	0	1,224	57.59	7.75	$9,487
Jan 2006	0	1,415	60.59	8.93	$12,641
Dec 2005	0	1,495	54.94	13.42	$20,056
Nov 2005	0	1,768	54.69	10.59	$18,720
Oct 2005	0	1,934	58.34	13.80	$26,681
Sep 2005	0	1,638	61.45	12.08	$19,785
Aug 2005	0	1,892	61.51	9.80	$18,536
Jul 2005	0	1,849	55.69	7.84	$14,503
Jun 2005	0	1,440	52.33	7.38	$10,629
May 2005	0	1,662	45.22	6.65	$11,054
Apr 2005	0	1,777	49.20	7.36	$13,080
Mar 2005	0	1,725	50.37	7.15	$12,342
Feb 2005	0	1,695	45.22	6.31	$10,699
Jan 2005	0	1,866	43.16	6.32	$11,797
Dec 2004	0	1,758	39.86	6.75	$11,868
Nov 2004	149	1,890	45.28	6.33	$18,711
Oct 2004	0	1,617	49.70	6.52	$10,535
Sep 2004	0	1,568	43.24	5.28	$8,285
Aug 2004	0	1,670	42.37	5.55	$9,270
Jul 2004	0	1,642	38.28	6.08	$9,990
Jun 2004	0	1,962	36.10	6.43	$12,622
May 2004	0	1,750	37.48	6.49	$11,366
Apr 2004	0	1,536	34.47	5.86	$8,999
Mar 2004	0	2,127	34.36	5.53	$11,763
Feb 2004	0	1,017	32.45	5.51	$5,603
Jan 2004	0	1,368	32.03	6.30	$8,618
Dec 2003	0	2,330	30.26	6.30	$14,683
Nov 2003	0	2,346	28.80	4.60	$10,780
Oct 2003	0	2,286	28.17	4.76	$10,881
Sep 2003	0	2,410	26.31	4.75	$11,446
Aug 2003	0	2,413	29.76	5.13	$12,378
Jul 2003	0	1,881	29.41	5.17	$9,726
Jun 2003	0	2,249	28.56	5.98	$13,456
May 2003	0	2,624	26.59	5.97	$15,672
Apr 2003	0	1,984	26.67	5.41	$10,728
Mar 2003	0	2,609	31.14	6.10	$15,905
Feb 2003	0	2,390	33.48	7.93	$18,943
Jan 2003	0	2,659	30.31	5.58	$14,843
Dec 2002	0	3,227	26.91	4.85	$15,663
Nov 2002	0	2,672	24.66	4.14	$11,054
Oct 2002	0	2,810	26.46	4.23	$11,884
Sep 2002	0	2,767	27.44	3.64	$10,059
Aug 2002	0	2,103	25.96	3.16	$6,654
Jul 2002	0	2,609	24.58	3.06	$7,988
Jun 2002	0	2,808	23.73	3.34	$9,374
May 2002	0	2,514	24.66	3.58	$9,010
Apr 2002	0	2,878	23.65	3.51	$10,108
Mar 2002	0	2,776	22.00	3.10	$8,613
Feb 2002	0	2,710	18.22	2.38	$6,438
Jan 2002	0	3,020	17.17	2.38	$7,175
Dec 2001	0	2,942	16.93	2.36	$6,956
Nov 2001	0	2,365	18.07	2.41	$5,689
Oct 2001	0	3,048	19.78	2.53	$7,708
Sep 2001	0	3,066	24.26	2.25	$6,903
Aug 2001	0	3,249	24.87	3.05	$9,920
Jul 2001	0	2,783	23.93	3.20	$8,897
Jun 2001	0	2,979	24.56	3.82	$11,392
May 2001	0	2,906	25.52	4.31	$12,517
Apr 2001	0	2,570	24.68	5.34	$13,712
Mar 2001	0	3,217	24.54	5.38	$17,296
Feb 2001	0	2,808	27.75	5.77	$16,194
Jan 2001	0	3,022	27.47	8.40	$25,381
Dec 2000	0	2,830	26.88	9.12	$25,817
Nov 2000	0	3,088	32.21	5.66	$17,472
Oct 2000	0	3,147	31.23	5.15	$16,193
Sep 2000	0	3,164	31.87	5.19	$16,410
Aug 2000	0	3,289	29.64	4.54	$14,935
Jul 2000	140	1,537	28.53	4.09	$10,280
Jun 2000	0	2,854	29.30	4.40	$12,550
May 2000	0	2,494	27.26	3.68	$9,177
Apr 2000	0	3,138	24.51	3.12	$9,778
Mar 2000	0	3,318	28.42	2.86	$9,489
Feb 2000	0	3,127	27.62	2.73	$8,526
Jan 2000	0	3,371	25.27	2.48	$8,362
Dec 1999	0	3,181	24.28	2.42	$7,710
Nov 1999	0	3,274	23.19	2.43	$7,969
Oct 1999	0	3,287	20.98	2.80	$9,216
Sep 1999	0	2,931	21.75	2.62	$7,676
Aug 1999	0	2,945	19.26	2.88	$8,469
Jul 1999	0	3,299	17.89	2.37	$7,826
Jun 1999	0	3,187	15.94	2.36	$7,528
May 1999	0	3,096	15.79	2.32	$7,186
Apr 1999	0	3,102	15.10	2.21	$6,849
Mar 1999	0	3,394	12.47	1.84	$6,239
Feb 1999	0	3,114	9.98	1.82	$5,661
Jan 1999	0	3,370	10.38	1.90	$6,403
Dec 1998	0	2,245	9.20	1.77	$3,981
Nov 1998	137	3,359	10.89	2.19	$8,834
Oct 1998	0	3,019	12.42	1.97	$5,945
Sep 1998	0	3,442	12.59	2.08	$7,168
Aug 1998	0	3,502	11.30	1.91	$6,680
Jul 1998	0	3,489	11.74	2.24	$7,806
Jun 1998	0	3,432	11.24	2.24	$7,678
May 1998	0	3,407	12.62	2.21	$7,517
Apr 1998	0	3,229	13.04	2.51	$8,090
Mar 1998	0	3,575	12.80	2.31	$8,256
Feb 1998	0	3,186	13.95	2.30	$7,325
Jan 1998	0	3,453	14.70	2.15	$7,440
Dec 1997	0	3,322	16.32	2.41	$8,010
Nov 1997	0	3,485	18.19	3.09	$10,763
Oct 1997	0	2,805	19.25	3.15	$8,835
Sep 1997	0	2,064	17.74	2.95	$6,099
Aug 1997	0	3,587	17.86	2.55	$9,164
Jul 1997	0	3,428	17.58	2.25	$7,703
Jun 1997	0	3,161	17.24	2.26	$7,135
May 1997	165	3,413	18.97	2.31	$11,009
Apr 1997	0	3,211	17.88	2.08	$6,688
Mar 1997	0	3,528	18.95	1.94	$6,841
Feb 1997	0	3,157	20.49	2.21	$6,964
Jan 1997	0	3,299	23.48	3.54	$11,677
Dec 1996	0	2,218	23.32	—	$0
Nov 1996	0	3,352	21.97	—	$0
Oct 1996	0	3,708	23.31	—	$0
Sep 1996	0	3,557	22.22	—	$0
Aug 1996	0	3,539	20.26	—	$0
Jul 1996	0	3,586	19.55	—	$0
Jun 1996	0	3,037	18.73	—	$0
May 1996	0	3,365	19.43	—	$0
Apr 1996	0	3,388	21.51	—	$0
Mar 1996	0	3,409	19.38	—	$0
Feb 1996	0	2,673	16.98	—	$0
Jan 1996	0	2,892	17.07	—	$0
Dec 1995	0	2,561	17.19	—	$0
Nov 1995	0	3,186	16.00	—	$0
Oct 1995	0	3,605	15.43	—	$0
Sep 1995	0	3,266	16.18	—	$0
Aug 1995	0	3,758	15.92	—	$0
Jul 1995	0	2,086	15.24	—	$0
Jun 1995	0	2,449	16.41	—	$0
May 1995	0	2,887	17.56	—	$0
Apr 1995	0	1,975	17.73	—	$0
Mar 1995	0	1,468	16.44	—	$0
Feb 1995	0	1,380	16.58	—	$0
Jan 1995	0	1,779	15.92	—	$0
Dec 1994	0	1,880	15.03	—	$0
Nov 1994	0	1,749	15.90	—	$0
Oct 1994	0	2,046	15.58	—	$0
Sep 1994	0	1,607	15.29	—	$0
Aug 1994	0	1,858	16.13	—	$0
Jul 1994	0	1,924	17.56	—	$0
Jun 1994	7	1,916	17.09	—	$120
May 1994	36	1,472	15.88	—	$572
Apr 1994	0	2,119	14.14	—	$0
Mar 1994	0	2,310	12.46	—	$0
Feb 1994	36	2,130	12.50	—	$450
Jan 1994	0	2,733	12.66	—	$0
Dec 1993	30	2,124	12.33	—	$370
Nov 1993	264	1,435	14.49	—	$3,825
Oct 1993	0	467	15.85	—	$0
Sep 1993	0	485	15.03	—	$0
Aug 1993	0	496	15.66	—	$0
Jul 1993	0	520	15.46	—	$0
Jun 1993	0	516	16.79	—	$0
May 1993	0	552	17.68	—	$0
Apr 1993	0	493	18.05	—	$0
Mar 1993	0	576	18.14	—	$0
Feb 1993	0	537	17.90	—	$0
Jan 1993	0	615	16.93	—	$0

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.

Oct 2012 — as filed, then multipliedworked

Condensate           164 bbl  × $ 89.38 =    $14,658
Gas                    0 Mcf  × $  3.40 =         $0

────────────────────────────────────────────────────
Month total                                  $14,658

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/40123 is the state's own key, not one this site invented.