CASCADE "D"

Operated by GRACE PETROLEUM OPERATING, LLC (P-5 319765) in the MARTIN (CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 40632District 08Field 57774275Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.3 M
Jun 2010 – May 2026
Value, last 12 filed months
$47 k
at the published price for each month
Months reported
192
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 118 leases and 585 wells, and the rule below applies to all of them.

Discovered
2000-11-20
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 10 acres. The field rule took effect on 2010-06-22.

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: UNIVERSITY WELL #1 (API #003-00649).

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
OilDisposition16,493 bbl$1,145,010
Casinghead gasProduction32,527 Mcf$108,340
Total$1,253,350

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 32.2133, -102.7939. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.21325, -102.79392 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
7,000 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
00.0%
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.
1100.0%

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 7,000 ft.

Completions filed
Feb 2004
1 of 1 wells

1 well

42-0033396617,000 ftFeb 2004

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 (192)

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

192 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 2026172089.753.15$15,437
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 2025171056.664.41$9,689
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 2025173062.743.08$10,854
Aug 20250063.933.01$0
Jul 2025163066.743.32$10,879
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 2025171062.363.54$10,664
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 2025171074.324.28$12,709
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 2024170071.372.28$12,133
Sep 20240069.612.36$0
Aug 2024175075.632.06$13,235
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 2024170078.812.20$13,398
Apr 20241084.451.66$84
Mar 20241080.301.55$80
Feb 2024172076.091.78$13,087
Jan 20241073.023.30$73
Dec 2023168071.262.61$11,972
Nov 20230077.892.81$0
Oct 20231085.443.09$85
Sep 2023164089.042.74$14,603
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 2023170068.962.26$11,723
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 2023164072.852.39$11,947
Feb 20231075.112.47$75
Jan 20231735876.533.39$13,436
Dec 20223076.415.73$229
Nov 20220085.005.65$0
Oct 2022185087.185.86$16,128
Sep 20221084.888.16$85
Aug 20226094.529.13$567
Jul 20221820101.587.54$18,488
Jun 202200115.097.98$0
May 20221680109.378.43$18,374
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 2022182091.054.86$16,571
Jan 20220081.844.54$0
Dec 2021181071.323.90$12,909
Nov 20211077.435.24$77
Oct 20210079.795.71$0
Sep 2021165069.865.35$11,527
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 2021169069.493.38$11,744
May 20210063.483.02$0
Apr 2021172060.362.76$10,382
Mar 2021166061.302.72$10,176
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 2020160044.642.68$7,142
Nov 20200038.772.71$0
Oct 2020162036.972.48$5,989
Sep 20200037.091.99$0
Aug 2020146039.982.39$5,837
Jul 2020165038.371.83$6,331
Jun 20200034.901.69$0
May 2020111016.921.81$1,878
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 2020705749.881.98$3,605
Jan 20201868857.252.09$10,833
Dec 201909959.012.30$228
Nov 2019023455.302.75$644
Oct 201915319753.472.42$8,657
Sep 2019019655.052.66$521
Aug 201918324453.112.30$10,281
Jul 2019020856.272.46$512
Jun 2019016152.782.49$401
May 201915616858.482.74$9,583
Apr 2019017862.632.75$490
Mar 201916911456.803.06$9,948
Feb 2019017850.852.79$497
Jan 201917012346.033.23$8,222
Dec 2018016446.594.19$686
Nov 201817115352.934.24$9,699
Oct 2018017761.443.40$601
Sep 2018026459.543.11$821
Aug 2018168059.403.07$9,979
Jul 20180065.142.93$0
Jun 201816812260.183.08$10,486
May 2018026165.382.90$757
Apr 2018025863.842.90$748
Mar 201817127461.222.79$11,232
Feb 2018022861.782.77$631
Jan 201817627362.874.01$12,160
Dec 201717527757.272.92$10,832
Nov 2017028955.423.12$901
Oct 201717928249.292.98$9,664
Sep 2017027347.523.09$843
Aug 2017028745.373.00$862
Jul 2017029843.873.09$920
Jun 201715830742.493.09$7,661
May 201718031045.373.26$9,178
Apr 2017031247.933.21$1,002
Mar 201717930246.772.98$9,273
Feb 2017021950.452.95$647
Jan 201718229149.413.42$9,987
Dec 2016028848.763.72$1,072
Nov 2016030242.492.64$799
Oct 201617629646.193.09$9,044
Sep 201617130941.553.10$8,063
Aug 2016133041.442.92$1,006
Jul 201616831241.622.92$7,905
Jun 2016031545.352.69$846
May 2016136042.521.99$759
Apr 201616534536.561.99$6,719
Mar 2016028533.011.79$511
Feb 201616438826.472.06$5,142
Jan 201617340027.352.36$5,677
Dec 2015335032.362.00$798
Nov 201517433138.792.17$7,467
Oct 201516919043.552.43$7,821
Sep 2015823942.992.76$1,003
Aug 201519031240.162.87$8,527
Jul 20151686948.152.95$8,292
Jun 2015125856.152.88$800
May 2015027955.212.96$825
Apr 201518129349.822.71$9,810
Mar 201529521342.892.93$13,278
Feb 2015035644.662.98$1,060
Jan 201516543143.433.10$8,502
Dec 20141032054.693.59$1,696
Nov 201435940970.464.25$27,034
Oct 2014347678.303.90$2,092
Sep 201417534986.164.05$16,490
Aug 201432313389.394.04$29,410
Jul 201413296.564.18$230
Jun 201417715598.164.74$18,109
May 201409394.734.73$440
Apr 2014013495.944.81$644
Mar 2014622095.895.06$1,688
Feb 201416311497.406.19$16,582
Jan 2014020490.404.86$992
Dec 201331826291.824.35$30,340
Nov 2013025588.853.74$953
Oct 2013025697.423.78$968
Sep 2013170222104.113.72$18,524
Aug 2013085104.253.52$299
Jul 2013057102.523.72$212
Jun 20131743194.403.93$16,548
May 2013010894.834.15$448
Apr 2013023893.964.28$1,019
Mar 201316225993.623.91$16,180
Feb 201317831191.233.42$17,303
Jan 2013131791.603.42$1,176
Dec 201218428986.773.42$16,954
Nov 2012234786.953.62$1,432
Oct 201233222789.383.40$30,446
Sep 2012031594.672.92$919
Aug 2012032092.662.91$931
Jul 201217237885.133.02$15,784
Jun 201218138679.822.52$15,420
May 2012034991.612.49$868
Apr 2012182320101.652.00$19,139
Mar 20122441105.052.22$1,190
Feb 2012165441101.102.57$17,815
Jan 201213254098.092.73$14,424
Dec 201115853796.873.24$17,045
Nov 201115352095.723.31$16,367
Oct 201116755584.983.65$16,217
Sep 201117158183.623.99$16,615
Aug 201117326683.404.15$15,532
Jul 2011037094.144.52$1,671
Jun 201132849592.904.64$32,768
May 2011252198.134.40$2,491
Apr 20110462105.964.33$2,002
Mar 201117831396.364.06$18,422
Feb 201117831185.644.18$16,544
Jan 201118641686.504.59$17,998
Dec 2010052185.734.35$2,265
Nov 201017539680.843.80$15,650
Oct 201016833378.103.51$14,289
Sep 201016832872.633.98$13,507
Aug 201017742973.684.42$14,937
Jul 201017251072.554.74$14,894
Jun 20101239570.364.91$9,121

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.

Mar 2026 — as filed, then multipliedworked
Oil                  172 bbl  × $ 89.75 =    $15,437
Casinghead gas         0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                  $15,437

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/40632 is the state's own key, not one this site invented.