GRAHAM UNIVERSITY

Operated by LEGACY RESERVES OPERATING LP (P-5 495445) in the SHAFTER LAKE (SAN ANDRES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 28636District 08Field 82570500Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$2.1 M
Jan 1993 – Mar 2011
Value, last 12 filed months
$0
at the published price for each month
Months reported
219
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 194 leases and 1,113 wells, and the rule below applies to all of them.

Discovered
1953-04-01
as the register files it
Field class
Oil
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 10 acres. The field rule took effect on 2014-01-07.

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: DIAGONAL LIMITATION, TOP ALLOWABLE ADJUSTED.

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
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
OilDisposition51,038 bbl$2,111,674
Casinghead gasProduction2 Mcf$15
Total$2,111,690

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 32.3404, -102.6756. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.34039, -102.67557 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
6,250 ft
1 wells filed one
Completion to plug
25.5 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 6,250 ft.

Completions filed
Jan 1984
1 of 1 wells
Plug dates filed
Jul 2009
1 of 1 wells

Last completion to plug: a median of 25.5 years across the 1 well that filed both dates, with the middle half between 25.5 years and 25.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0033372846,250 ftJan 1984Jul 2009Yes

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 (219)

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

219 months

Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 2007126050.306.73$6,338
Dec 2006491056.656.92$27,815
Nov 2006505054.207.62$27,371
Oct 2006665054.906.01$36,509
Sep 20061,021060.085.04$61,342
Aug 2006694068.717.34$47,685
Jul 2006791069.376.34$54,872
Jun 2006893066.286.38$59,188
May 2006640066.016.42$42,246
Apr 20061,289064.397.36$82,999
Mar 2006933056.707.08$52,901
Feb 2006986057.597.75$56,784
Jan 20061,480060.598.93$89,673
Dec 20051,010054.9413.42$55,489
Nov 2005782054.6910.59$42,768
Oct 20051,046058.3413.80$61,024
Sep 20051,373061.4512.08$84,371
Aug 20051,132061.519.80$69,629
Jul 2005855155.697.84$47,623
Jun 2005505152.337.38$26,434
May 2005704045.226.65$31,835
Apr 2005720049.207.36$35,424
Mar 2005832050.377.15$41,908
Feb 2005866045.226.31$39,161
Jan 2005941043.166.32$40,614
Dec 2004576039.866.75$22,959
Nov 2004730045.286.33$33,054
Oct 2004802049.706.52$39,859
Sep 2004847043.245.28$36,624
Aug 200460042.375.55$2,542
Jul 2004865038.286.08$33,112
Jun 2004914036.106.43$32,995
May 2004957037.486.49$35,868
Apr 2004893034.475.86$30,782
Mar 2004959034.365.53$32,951
Feb 2004829032.455.51$26,901
Jan 2004877032.036.30$28,090
Dec 20031,151030.266.30$34,829
Nov 20031,018028.804.60$29,318
Oct 2003750028.174.76$21,128
Sep 2003892026.314.75$23,469
Aug 20031,065029.765.13$31,694
Jul 20031,027029.415.17$30,204
Jun 20031,297028.565.98$37,042
May 20031,010026.595.97$26,856
Apr 20031,295026.675.41$34,538
Mar 2003668031.146.10$20,802
Feb 200355033.487.93$1,841
Jan 2003898030.315.58$27,218
Dec 2002522026.914.85$14,047
Nov 2002601024.664.14$14,821
Oct 2002678026.464.23$17,940
Sep 2002727027.443.64$19,949
Aug 2002731025.963.16$18,977
Jul 2002817024.583.06$20,082
Jun 200260023.733.34$1,424
May 2002631024.663.58$15,560
Apr 2002647023.653.51$15,302
Mar 2002646022.003.10$14,212
Feb 2002579018.222.38$10,549
Jan 2002486017.172.38$8,345
Dec 2001463016.932.36$7,839
Nov 2001554018.072.41$10,011
Oct 2001602019.782.53$11,908
Sep 2001579024.262.25$14,047
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
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 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 19940016.13$0
Jul 19940017.56$0
Jun 19940017.09$0
May 19940015.88$0
Apr 19940014.14$0
Mar 19940012.46$0
Feb 19940012.50$0
Jan 19940012.66$0
Dec 19930012.33$0
Nov 19930014.49$0
Oct 19930015.85$0
Sep 19930015.03$0
Aug 19930015.66$0
Jul 19930015.46$0
Jun 19930016.79$0
May 19930017.68$0
Apr 19930018.05$0
Mar 19930018.14$0
Feb 19930017.90$0
Jan 19930016.93$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.

Jan 2007 — as filed, then multipliedworked
Oil                  126 bbl  × $ 50.30 =     $6,338
Casinghead gas         0 Mcf  × $  6.73 =         $0

────────────────────────────────────────────────────
Month total                                   $6,338

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/28636 is the state's own key, not one this site invented.