GRAVES, LEE

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 38867District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$5.4 M
Jul 2008 – Mar 2025
Value, last 12 filed months
$0
at the published price for each month
Months reported
201
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 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.

StreamBasisVolumeValue
OilDisposition72,400 bbl$5,046,676
Casinghead gasProduction96,213 Mcf$341,463
Total$5,388,139

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 32.1142, -101.7939. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.11418, -101.79393 · 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
100.0%
2 of 2 wells
Median depth
9,958 ft
2 wells filed one
Completion to plug
11.7 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 9,595 and 10,320 ft, median 9,958 ft, over the 2 wells that filed a depth.

Completions filed
Feb 2012 – Nov 2012
2 of 2 wells
Plug dates filed
Feb 2023 – Feb 2025
2 of 2 wells

Last completion to plug: a median of 11.7 years across the 2 wells that filed both dates, with the middle half between 11.3 years and 11.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-31736757310,320 ftNov 2012Feb 2025Yes
42-3173521329,595 ftFeb 2012Feb 2023Yes

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 (201)

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

201 months

Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 202146069.493.38$3,197
May 20210063.483.02$0
Apr 2021101060.362.76$6,096
Mar 202127713261.302.72$17,339
Feb 202139137357.805.55$24,669
Jan 202157948550.412.81$30,550
Dec 202090157644.642.68$41,762
Nov 202044153138.772.71$18,535
Oct 202030540036.972.48$12,267
Sep 202050751937.091.99$19,838
Aug 202063961939.982.39$27,024
Jul 202059157338.371.83$23,722
Jun 202048259234.901.69$17,822
May 202063159816.921.81$11,762
Apr 202070542514.751.80$11,166
Mar 202044663630.341.86$14,712
Feb 202033154649.881.98$17,592
Jan 202048926957.252.09$28,559
Dec 201939245559.012.30$24,180
Nov 201955939955.302.75$32,010
Oct 201940041753.472.42$22,397
Sep 201915622655.052.66$9,188
Aug 201948253753.112.30$26,836
Jul 201932454956.272.46$19,582
Jun 201934959452.782.49$19,900
May 201976466658.482.74$46,504
Apr 201932441962.632.75$21,445
Mar 201949154356.803.06$29,552
Feb 201935466450.852.79$19,855
Jan 201969675446.033.23$34,471
Dec 201875289346.594.19$38,773
Nov 201819061452.934.24$12,658
Oct 201875919461.443.40$47,292
Sep 20183278459.543.11$19,731
Aug 201853010159.403.07$31,792
Jul 20186808765.142.93$44,550
Jun 20182058460.183.08$12,595
May 201854632065.382.90$36,626
Apr 201819355863.842.90$13,940
Mar 201854758361.222.79$35,112
Feb 201837153261.782.77$24,392
Jan 201836553862.874.01$25,105
Dec 201734852757.272.92$21,470
Nov 201751852255.423.12$30,335
Oct 201735564549.292.98$19,422
Sep 201736761247.523.09$19,329
Aug 201754065645.373.00$26,471
Jul 201739967943.873.09$19,600
Jun 201744570242.493.09$21,075
May 201742060745.373.26$21,036
Apr 201721657347.933.21$12,193
Mar 201741368746.772.98$21,366
Feb 201742457150.452.95$23,077
Jan 201743582249.413.42$24,304
Dec 201647453048.763.72$25,085
Nov 201611515442.492.64$5,294
Oct 201618420846.193.09$9,142
Sep 201628722441.553.10$12,619
Aug 201612814341.442.92$5,723
Jul 201615628741.622.92$7,332
Jun 201638563145.352.69$19,155
May 201636744542.521.99$16,491
Apr 201634436336.561.99$13,299
Mar 201636939833.011.79$12,895
Feb 201618749026.472.06$5,961
Jan 201655850827.352.36$16,462
Dec 201520145832.362.00$7,421
Nov 201541063038.792.17$17,269
Oct 201538173843.552.43$18,383
Sep 201538442842.992.76$17,689
Aug 201540759340.162.87$18,049
Jul 201539762748.152.95$20,962
Jun 201541072856.152.88$25,120
May 201541179655.212.96$25,044
Apr 201541177349.822.71$22,568
Mar 201541456942.892.93$19,426
Feb 201552972644.662.98$25,786
Jan 201555376943.433.10$26,401
Dec 201443387754.693.59$26,830
Nov 201443889670.464.25$34,671
Oct 20146451,03578.303.90$54,541
Sep 201443658886.164.05$39,944
Aug 201443066789.394.04$41,129
Jul 20146411,11996.564.18$66,572
Jun 20146631,11198.164.74$70,343
May 20146831,12894.734.73$70,032
Apr 20144521,07695.944.81$48,539
Mar 20146601,01395.895.06$68,410
Feb 201442216297.406.19$42,106
Jan 20146328790.404.86$57,556
Dec 20136408791.824.35$59,144
Nov 20136298488.853.74$56,201
Oct 201364255097.423.78$64,622
Sep 20134571,328104.113.72$52,515
Aug 20137251,307104.253.52$80,185
Jul 2013666847102.523.72$71,427
Jun 20136831,59294.403.93$70,737
May 20139411,62594.834.15$95,977
Apr 20139341,34693.964.28$93,523
Mar 201371644793.623.91$68,781
Feb 20139781,93891.233.42$95,851
Jan 20137201,24691.603.42$70,213
Dec 20121,0201,66886.773.42$94,210
Nov 201258768986.953.62$53,537
Oct 20127751,04189.383.40$72,809
Sep 201264262194.672.92$62,590
Aug 20121,07585592.662.91$102,096
Jul 20127921,24285.133.02$71,175
Jun 201249876879.822.52$41,685
May 201258053591.612.49$54,465
Apr 20129191,391101.652.00$96,194
Mar 20129301,587105.052.22$101,223
Feb 20121,2222,067101.102.57$128,857
Jan 201294581098.092.73$94,910
Dec 20111,5142,58796.873.24$155,042
Nov 20111,9602,78495.723.31$196,830
Oct 20111,0112,25684.983.65$94,146
Sep 2011129883.623.99$1,394
Aug 20110083.404.15$0
Jul 20111094.144.52$94
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 201107885.644.18$326
Jan 201108186.504.59$372
Dec 20101175985.734.35$10,287
Nov 201036434680.843.80$30,739
Oct 201015837878.103.51$13,666
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 2010203072.554.74$14,728
Jun 20100070.364.91$0
May 201018010071.124.24$13,225
Apr 201017932681.694.12$15,967
Mar 201052244678.394.39$42,877
Feb 201017739673.585.44$15,179
Jan 201035748374.365.96$29,427
Dec 200935848571.445.48$28,235
Nov 200935548674.593.75$28,303
Oct 200935952372.544.11$28,192
Sep 200935849365.543.06$24,974
Aug 200936056267.423.22$26,080
Jul 200935362261.133.46$23,734
Jun 200935448466.163.90$25,306
May 200935651654.743.93$21,513
Apr 200935750046.773.59$18,491
Mar 200971264742.144.06$32,630
Feb 200936571632.814.63$15,293
Jan 200936786035.865.37$17,780
Dec 200837394037.105.98$19,457
Nov 20087101,05055.496.86$46,601
Oct 20087271,28775.246.92$63,608
Sep 20081,06884101.767.88$109,341
Aug 20089021,996114.228.48$119,959
Jul 20080210131.0811.39$2,392

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.

Jun 2021 — as filed, then multipliedworked
Oil                   46 bbl  × $ 69.49 =     $3,197
Casinghead gas         0 Mcf  × $  3.38 =         $0

────────────────────────────────────────────────────
Month total                                   $3,197

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/38867 is the state's own key, not one this site invented.