GRAVES, LEE

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

Operated by PIONEER NATURAL RES. USA, INC. (P-5 665748) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 16662District 08Field 85280300OilCasinghead gasSave Export

Value, all time

$595 k

Jan 1993 – Sep 2008

Value, last 12 filed months

at the published price for each month

Months reported

189

no gaps in the span

Streams

oil, casinghead gas

The SPRABERRY (TREND AREA) 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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered

1952-12-22

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 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: “SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.”

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	19,401 bbl	$400,765
Casinghead gas	Production	77,867 Mcf	$194,429
Total			$595,194

27,604 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 32.1173, -101.7971. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.11727, -101.79706 · 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

8,010 ft

1 wells filed one

Completion to plug

46.4 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 8,010 ft.

Completions filed

Feb 1962

1 of 1 wells

Plug dates filed

Jul 2008

1 of 1 wells

Last completion to plug: a median of 46.4 years across the 1 well that filed both dates, with the middle half between 46.4 years and 46.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-31700198	1	8,010 ft	Feb 1962	Jul 2008	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 (189)

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

189 months


Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
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	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	108	69.37	6.34	$685
Jun 2006	88	100	66.28	6.38	$6,471
May 2006	0	97	66.01	6.42	$623
Apr 2006	0	104	64.39	7.36	$765
Mar 2006	0	106	56.70	7.08	$751
Feb 2006	0	92	57.59	7.75	$713
Jan 2006	0	107	60.59	8.93	$956
Dec 2005	0	104	54.94	13.42	$1,395
Nov 2005	168	102	54.69	10.59	$10,268
Oct 2005	0	104	58.34	13.80	$1,435
Sep 2005	0	143	61.45	12.08	$1,727
Aug 2005	0	162	61.51	9.80	$1,587
Jul 2005	0	179	55.69	7.84	$1,404
Jun 2005	0	167	52.33	7.38	$1,233
May 2005	0	155	45.22	6.65	$1,031
Apr 2005	0	136	49.20	7.36	$1,001
Mar 2005	0	122	50.37	7.15	$873
Feb 2005	0	97	45.22	6.31	$612
Jan 2005	0	111	43.16	6.32	$702
Dec 2004	0	110	39.86	6.75	$743
Nov 2004	126	115	45.28	6.33	$6,433
Oct 2004	0	148	49.70	6.52	$964
Sep 2004	0	162	43.24	5.28	$856
Aug 2004	0	172	42.37	5.55	$955
Jul 2004	0	151	38.28	6.08	$919
Jun 2004	0	166	36.10	6.43	$1,068
May 2004	0	167	37.48	6.49	$1,085
Apr 2004	0	138	34.47	5.86	$808
Mar 2004	0	107	34.36	5.53	$592
Feb 2004	0	140	32.45	5.51	$771
Jan 2004	156	308	32.03	6.30	$6,937
Dec 2003	163	642	30.26	6.30	$8,978
Nov 2003	165	674	28.80	4.60	$7,849
Oct 2003	0	637	28.17	4.76	$3,032
Sep 2003	167	693	26.31	4.75	$7,685
Aug 2003	165	727	29.76	5.13	$8,640
Jul 2003	151	555	29.41	5.17	$7,311
Jun 2003	0	571	28.56	5.98	$3,416
May 2003	167	637	26.59	5.97	$8,245
Apr 2003	138	558	26.67	5.41	$6,698
Mar 2003	168	662	31.14	6.10	$9,267
Feb 2003	0	603	33.48	7.93	$4,779
Jan 2003	174	600	30.31	5.58	$8,623
Dec 2002	166	662	26.91	4.85	$7,680
Nov 2002	170	640	24.66	4.14	$6,840
Oct 2002	0	663	26.46	4.23	$2,804
Sep 2002	173	690	27.44	3.64	$7,255
Aug 2002	180	719	25.96	3.16	$6,948
Jul 2002	164	708	24.58	3.06	$6,199
Jun 2002	0	631	23.73	3.34	$2,106
May 2002	164	675	24.66	3.58	$6,463
Apr 2002	160	639	23.65	3.51	$6,028
Mar 2002	179	681	22.00	3.10	$6,051
Feb 2002	174	589	18.22	2.38	$4,570
Jan 2002	153	649	17.17	2.38	$4,169
Dec 2001	0	600	16.93	2.36	$1,419
Nov 2001	172	633	18.07	2.41	$4,631
Oct 2001	161	680	19.78	2.53	$4,904
Sep 2001	158	497	24.26	2.25	$4,952
Aug 2001	169	543	24.87	3.05	$5,861
Jul 2001	0	553	23.93	3.20	$1,768
Jun 2001	166	512	24.56	3.82	$6,035
May 2001	171	541	25.52	4.31	$6,694
Apr 2001	175	374	24.68	5.34	$6,314
Mar 2001	176	462	24.54	5.38	$6,803
Feb 2001	0	370	27.75	5.77	$2,134
Jan 2001	158	468	27.47	8.40	$8,271
Dec 2000	185	460	26.88	9.12	$9,169
Nov 2000	180	474	32.21	5.66	$8,480
Oct 2000	169	502	31.23	5.15	$7,861
Sep 2000	0	518	31.87	5.19	$2,687
Aug 2000	180	550	29.64	4.54	$7,833
Jul 2000	168	553	28.53	4.09	$7,055
Jun 2000	174	540	29.30	4.40	$7,473
May 2000	175	537	27.26	3.68	$6,747
Apr 2000	0	530	24.51	3.12	$1,651
Mar 2000	175	552	28.42	2.86	$6,552
Feb 2000	159	471	27.62	2.73	$5,676
Jan 2000	164	485	25.27	2.48	$5,347
Dec 1999	175	485	24.28	2.42	$5,425
Nov 1999	166	455	23.19	2.43	$4,957
Oct 1999	157	459	20.98	2.80	$4,581
Sep 1999	179	472	21.75	2.62	$5,129
Aug 1999	0	498	19.26	2.88	$1,432
Jul 1999	170	489	17.89	2.37	$4,201
Jun 1999	165	470	15.94	2.36	$3,740
May 1999	176	495	15.79	2.32	$3,928
Apr 1999	168	473	15.10	2.21	$3,581
Mar 1999	167	471	12.47	1.84	$2,948
Feb 1999	0	428	9.98	1.82	$778
Jan 1999	177	481	10.38	1.90	$2,751
Dec 1998	165	474	9.20	1.77	$2,359
Nov 1998	180	483	10.89	2.19	$3,016
Oct 1998	177	491	12.42	1.97	$3,165
Sep 1998	178	462	12.59	2.08	$3,203
Aug 1998	1	523	11.30	1.91	$1,009
Jul 1998	175	524	11.74	2.24	$3,227
Jun 1998	173	471	11.24	2.24	$2,998
May 1998	174	515	12.62	2.21	$3,332
Apr 1998	181	431	13.04	2.51	$3,440
Mar 1998	1	499	12.80	2.31	$1,165
Feb 1998	159	466	13.95	2.30	$3,289
Jan 1998	140	520	14.70	2.15	$3,178
Dec 1997	158	499	16.32	2.41	$3,782
Nov 1997	168	521	18.19	3.09	$4,665
Oct 1997	178	549	19.25	3.15	$5,156
Sep 1997	176	537	17.74	2.95	$4,709
Aug 1997	165	562	17.86	2.55	$4,383
Jul 1997	169	573	17.58	2.25	$4,259
Jun 1997	3	565	17.24	2.26	$1,327
May 1997	162	587	18.97	2.31	$4,428
Apr 1997	176	564	17.88	2.08	$4,322
Mar 1997	170	581	18.95	1.94	$4,348
Feb 1997	173	507	20.49	2.21	$4,663
Jan 1997	155	593	23.48	3.54	$5,738
Dec 1996	172	592	23.32	—	$4,011
Nov 1996	169	572	21.97	—	$3,713
Oct 1996	183	589	23.31	—	$4,266
Sep 1996	1	558	22.22	—	$22
Aug 1996	174	582	20.26	—	$3,525
Jul 1996	174	587	19.55	—	$3,402
Jun 1996	167	579	18.73	—	$3,128
May 1996	161	582	19.43	—	$3,128
Apr 1996	185	445	21.51	—	$3,979
Mar 1996	1	377	19.38	—	$19
Feb 1996	171	502	16.98	—	$2,904
Jan 1996	168	509	17.07	—	$2,868
Dec 1995	159	634	17.19	—	$2,733
Nov 1995	160	554	16.00	—	$2,560
Oct 1995	167	585	15.43	—	$2,577
Sep 1995	170	567	16.18	—	$2,751
Aug 1995	176	582	15.92	—	$2,802
Jul 1995	175	605	15.24	—	$2,667
Jun 1995	175	568	16.41	—	$2,872
May 1995	2	605	17.56	—	$35
Apr 1995	176	570	17.73	—	$3,120
Mar 1995	159	586	16.44	—	$2,614
Feb 1995	178	517	16.58	—	$2,951
Jan 1995	162	569	15.92	—	$2,579
Dec 1994	169	564	15.03	—	$2,540
Nov 1994	165	567	15.90	—	$2,624
Oct 1994	163	617	15.58	—	$2,540
Sep 1994	155	591	15.29	—	$2,370
Aug 1994	160	633	16.13	—	$2,581
Jul 1994	171	638	17.56	—	$3,003
Jun 1994	173	603	17.09	—	$2,957
May 1994	159	608	15.88	—	$2,525
Apr 1994	180	608	14.14	—	$2,545
Mar 1994	169	581	12.46	—	$2,106
Feb 1994	0	512	12.50	—	$0
Jan 1994	170	570	12.66	—	$2,152
Dec 1993	177	531	12.33	—	$2,182
Nov 1993	166	573	14.49	—	$2,405
Oct 1993	161	607	15.85	—	$2,552
Sep 1993	124	593	15.03	—	$1,864
Aug 1993	173	616	15.66	—	$2,709
Jul 1993	156	626	15.46	—	$2,412
Jun 1993	159	606	16.79	—	$2,670
May 1993	166	620	17.68	—	$2,935
Apr 1993	176	584	18.05	—	$3,177
Mar 1993	179	622	18.14	—	$3,247
Feb 1993	0	505	17.90	—	$0
Jan 1993	174	613	16.93	—	$2,946

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.

Jul 2006 — as filed, then multipliedworked

Oil                    0 bbl  × $ 69.37 =         $0
Casinghead gas       108 Mcf  × $  6.34 =       $685

────────────────────────────────────────────────────
Month total                                     $685

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/O/16662 is the state's own key, not one this site invented.