TEXAS -MMM-

Operated by GREYSTONE PETROLEUM, LLC (P-5 333762) in the TRIPLE-N (PENN., UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 16850District 08Field 91350600Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$5.1 M
Jan 1993 – Oct 2017
Value, last 12 filed months
$0
at the published price for each month
Months reported
298
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 66 leases and 155 wells, and the rule below applies to all of them.

Discovered
1958-03-22
as the register files it
Field class
Oil
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres.

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.

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
OilDisposition134,939 bbl$4,851,280
Casinghead gasProduction76,292 Mcf$249,705
Total$5,100,985

18,178 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 (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 32.1701, -102.6013. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.17015, -102.60126 · 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
0.0%
0 of 2 wells
Median depth
12,600 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
2100.0%
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 12,600 ft.

Completions filed
May 2017
1 of 2 wells; 1 filed none

2 wells

42-003104885Yes
42-003016391 U12,600 ftMay 2017Yes

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 (298)

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

298 months

Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 201236089.383.40$3,218
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 201280091.612.49$7,329
Apr 201203101.652.00$6
Mar 201223626105.052.22$24,850
Feb 201237646101.102.57$38,132
Jan 20124885398.092.73$48,013
Dec 20113846596.873.24$37,409
Nov 20112505395.723.31$24,106
Oct 20112566584.983.65$21,992
Sep 20114732983.623.99$39,668
Aug 20114439083.404.15$37,320
Jul 201149416294.144.52$47,237
Jun 201136011992.904.64$33,996
May 201140614798.134.40$40,488
Apr 2011378136105.964.33$40,642
Mar 201149013596.364.06$47,764
Feb 201124510785.644.18$21,429
Jan 201137313986.504.59$32,902
Dec 201048915585.734.35$42,596
Nov 201037915580.843.80$31,227
Oct 201037221478.103.51$29,804
Sep 201038214272.633.98$28,310
Aug 20104377873.684.42$32,543
Jul 201051810272.554.74$38,064
Jun 20103917570.364.91$27,879
May 20105219771.124.24$37,464
Apr 20104077981.694.12$33,574
Mar 20105082978.394.39$39,949
Feb 2010392473.585.44$28,865
Jan 20105313574.365.96$39,694
Dec 20095354171.445.48$38,445
Nov 2009387074.593.75$28,866
Oct 20095262172.544.11$38,242
Sep 200949912865.543.06$33,097
Aug 200938712167.423.22$26,481
Jul 200951711161.133.46$31,989
Jun 200937910966.163.90$25,499
May 20095149554.743.93$28,509
Apr 20093688446.773.59$17,513
Mar 20095129942.144.06$21,978
Feb 200949911532.814.63$16,905
Jan 20095149535.865.37$18,942
Dec 200850413937.105.98$19,529
Nov 20085198955.496.86$29,410
Oct 2008384275.246.92$28,906
Sep 200836145101.767.88$37,090
Aug 20087374114.228.48$84,214
Jul 200849351131.0811.39$65,203
Jun 200849536131.3313.03$65,478
May 200837179123.1711.57$46,610
Apr 2008360107110.3110.45$40,830
Mar 2008377143101.909.66$39,798
Feb 200836711792.538.77$34,985
Jan 2008496090.388.21$44,828
Dec 2007514888.337.30$45,460
Nov 2007619091.677.29$56,744
Oct 20072711182.856.92$22,528
Sep 2007364075.846.24$27,606
Aug 200749112869.066.39$34,726
Jul 20074905070.906.39$35,060
Jun 20074932162.007.55$30,725
May 20073714658.747.85$22,153
Apr 200749523059.617.81$31,302
Mar 200750138456.927.30$31,321
Feb 200750434755.108.22$30,621
Jan 200749936350.306.73$27,542
Dec 200637537656.656.92$23,845
Nov 200649734154.207.62$29,535
Oct 20065245454.906.01$29,092
Sep 200649927760.085.04$31,375
Aug 20065044568.717.34$34,960
Jul 2006491069.376.34$34,061
Jun 2006505066.286.38$33,471
May 200651923066.016.42$35,737
Apr 200649634264.397.36$34,455
Mar 200649931156.707.08$30,496
Feb 200650037757.597.75$31,717
Jan 200637427660.598.93$25,126
Dec 2005504854.9413.42$27,797
Nov 20054964354.6910.59$27,582
Oct 200549018558.3413.80$31,139
Sep 200561432661.4512.08$41,668
Aug 200560547661.519.80$41,877
Jul 200548747755.697.84$30,862
Jun 200548512252.337.38$26,281
May 200536920045.226.65$18,016
Apr 20054899049.207.36$24,721
Mar 20054974750.377.15$25,370
Feb 200544431945.226.31$22,091
Jan 200548342143.166.32$23,508
Dec 200448127739.866.75$21,043
Nov 200449338045.286.33$24,729
Oct 200448843049.706.52$27,055
Sep 200460938443.245.28$28,362
Aug 200449647242.375.55$23,635
Jul 200448650338.286.08$21,664
Jun 200460545636.106.43$24,774
May 200451054837.486.49$22,674
Apr 200464451734.475.86$25,228
Mar 200451149334.365.53$20,284
Feb 200451719532.455.51$17,851
Jan 200451547232.036.30$19,469
Dec 200350128930.266.30$16,981
Nov 200354247428.804.60$17,788
Oct 200335230828.174.76$11,382
Sep 200354149826.314.75$16,599
Aug 200354156129.765.13$18,978
Jul 200355147729.415.17$18,671
Jun 200353752428.565.98$18,472
May 200362354926.595.97$19,845
Apr 200351242126.675.41$15,932
Mar 200362838631.146.10$21,909
Feb 200361546833.487.93$24,300
Jan 200352549730.315.58$18,687
Dec 200267913526.914.85$18,927
Nov 200251749124.664.14$14,780
Oct 200254547726.464.23$16,438
Sep 200262345927.443.64$18,764
Aug 200261930225.963.16$17,025
Jul 200255442224.583.06$14,909
Jun 200253746623.733.34$14,299
May 200254353424.663.58$15,304
Apr 200254246623.653.51$14,455
Mar 200272446622.003.10$17,374
Feb 200252051618.222.38$10,700
Jan 200260656117.172.38$11,738
Dec 200166056816.932.36$12,517
Nov 200158647518.072.41$11,732
Oct 200160961419.782.53$13,599
Sep 200158556424.262.25$15,462
Aug 200155962724.873.05$15,817
Jul 200167171423.933.20$18,340
Jun 200140228424.563.82$10,959
May 200140237425.524.31$11,870
Apr 200165653824.685.34$19,060
Mar 20015837124.545.38$14,689
Feb 200158148727.755.77$18,931
Jan 200164854527.478.40$22,378
Dec 200044740626.889.12$15,719
Nov 200071555232.215.66$26,153
Oct 200046250831.235.15$17,042
Sep 200059659531.875.19$22,080
Aug 200071651429.644.54$23,556
Jul 200052756628.534.09$17,350
Jun 200064454229.304.40$21,253
May 200080258527.263.68$24,015
Apr 200063256024.513.12$17,235
Mar 200063938028.422.86$19,247
Feb 200071939127.622.73$20,925
Jan 200064351525.272.48$17,526
Dec 199972740924.282.42$18,643
Nov 199971744523.192.43$17,710
Oct 199969741720.982.80$15,792
Sep 199970445021.752.62$16,490
Aug 199967744019.262.88$14,304
Jul 199976955417.892.37$15,072
Jun 199958950715.942.36$10,586
May 199978753115.792.32$13,659
Apr 199968548915.102.21$11,423
Mar 199968749012.471.84$9,468
Feb 19996684799.981.82$7,537
Jan 199977251310.381.90$8,988
Dec 19986975009.201.77$7,299
Nov 199879255210.892.19$9,831
Oct 199870559512.421.97$9,928
Sep 199879060912.592.08$11,214
Aug 199830853411.301.91$4,499
Jul 199865658511.742.24$9,010
Jun 199862254411.242.24$8,208
May 199871851912.622.21$10,206
Apr 199869148113.042.51$10,216
Mar 199872875412.802.31$11,060
Feb 199857771113.952.30$9,684
Jan 199872655214.702.15$11,862
Dec 199768055416.322.41$12,433
Nov 199775353918.193.09$15,362
Oct 199776261619.253.15$16,609
Sep 199765956717.742.95$13,366
Aug 199777857317.862.55$15,359
Jul 199772653217.582.25$13,958
Jun 199762495417.242.26$12,911
May 199763761918.972.31$13,513
Apr 1997760017.882.08$13,589
Mar 199787469818.951.94$17,916
Feb 1997598020.492.21$12,253
Jan 199784165123.483.54$22,051
Dec 199675732523.32$17,653
Nov 199683545221.97$18,345
Oct 199676244623.31$17,762
Sep 199662138422.22$13,799
Aug 199678271920.26$15,843
Jul 199660669919.55$11,847
Jun 199691534618.73$17,138
May 199681167519.43$15,758
Apr 199667554121.51$14,519
Mar 199680142119.38$15,523
Feb 199678841716.98$13,380
Jan 199692046317.07$15,704
Dec 199567550817.19$11,603
Nov 199562458816.00$9,984
Oct 199576461415.43$11,789
Sep 199580659816.18$13,041
Aug 199562760115.92$9,982
Jul 199559857815.24$9,114
Jun 199567154616.41$11,011
May 199574261917.56$13,030
Apr 199575759217.73$13,422
Mar 199578317716.44$12,873
Feb 199569344216.58$11,490
Jan 199581319615.92$12,943
Dec 199486717815.03$13,031
Nov 199467617515.90$10,748
Oct 199479618415.58$12,402
Sep 199471717615.29$10,963
Aug 199474318216.13$11,985
Jul 19948131,20017.56$14,276
Jun 19943317117.09$564
May 199443311115.88$6,876
Apr 199473916214.14$10,449
Mar 199472817512.46$9,071
Feb 199463616312.50$7,950
Jan 199474117812.66$9,381
Dec 199380117512.33$9,876
Nov 199374517214.49$10,795
Oct 199378217615.85$12,395
Sep 199373917315.03$11,107
Aug 199375618215.66$11,839
Jul 199385916115.46$13,280
Jun 19931,25315416.79$21,038
May 19939541,80617.68$16,867
Apr 199380815318.05$14,584
Mar 1993823918.14$14,929
Feb 19937431117.90$13,300
Jan 1993877416.93$14,848

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
Oil                   36 bbl  × $ 89.38 =     $3,218
Casinghead gas         0 Mcf  × $  3.40 =         $0

────────────────────────────────────────────────────
Month total                                   $3,218

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/16850 is the state's own key, not one this site invented.