GRAVES 2

Operated by OXY USA INC. (P-5 630591) 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 43770District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$9.9 M
Feb 2013 – May 2026
Value, last 12 filed months
$225 k
at the published price for each month
Months reported
160
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
OilDisposition124,215 bbl$8,070,508
Casinghead gasProduction532,607 Mcf$1,790,614
Total$9,861,122

Wells on this lease (5)

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 32.0556, -101.6667. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

32.05501, -101.66621 · 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
40.0%
2 of 5 wells
With a plug date
40.0%
2 of 5 wells
Median depth
10,700 ft
5 wells filed one
Completion to plug
11.3 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
240.0%
A plug date is filed
240.0%
BothOn the schedule and plugged. Neither fact cancels the other.
240.0%
NeitherNo plug date, and not on the schedule.
360.0%

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 10,650 and 10,718 ft, median 10,700 ft, over the 5 wells that filed a depth.

Completions filed
Feb 2013 – Nov 2014
5 of 5 wells
Plug dates filed
Jun 2024 – Jun 2026
2 of 5 wells; 3 filed none

Last completion to plug: a median of 11.3 years across the 2 wells that filed both dates, with the middle half between 11.1 years and 11.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-17336793510,702 ftNov 2014Jun 2026Yes
42-17336396410,718 ftOct 2014
42-17336111310,650 ftDec 2013
42-17335670210,700 ftJul 2013Jun 2024Yes
42-17335409110,670 ftFeb 2013

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 (160)

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

160 months

May 20262051,341106.413.05$25,899
Apr 202601,26398.932.87$3,624
Mar 20262031,34089.753.15$22,440
Feb 20262031,23163.503.75$17,507
Jan 20262051,31659.138.00$22,647
Dec 20254011,41356.664.41$28,957
Nov 202501,44858.593.93$5,685
Oct 20252311,42059.383.30$18,410
Sep 20251801,43962.743.08$15,721
Aug 20253761,57163.933.01$28,774
Jul 20251941,36266.743.32$17,463
Jun 20251951,42666.483.13$17,425
May 20251921,50560.553.23$16,490
Apr 20253901,45962.363.54$29,490
Mar 20251991,68467.704.27$20,660
Feb 20253841,50770.884.34$33,760
Jan 20253751,65474.324.28$34,947
Dec 202401,49868.993.12$4,676
Nov 20243761,28869.052.20$28,794
Oct 20243651,42271.372.28$29,294
Sep 202401,41869.612.36$3,353
Aug 20241841,53575.632.06$17,084
Jul 202401,54879.932.15$3,323
Jun 20241851,49778.082.63$18,388
May 20241791,46678.812.20$17,330
Apr 20241861,50084.451.66$18,197
Mar 20243741,32580.301.55$32,080
Feb 20241881,21676.091.78$16,474
Jan 20243721,82173.023.30$33,168
Dec 20233712,09671.262.61$31,910
Nov 20233522,02077.892.81$33,089
Oct 20233722,18185.443.09$38,517
Sep 20231862,18689.042.74$22,540
Aug 20233232,28780.522.67$32,121
Jul 20233662,30274.852.64$33,477
Jun 20233602,22168.962.26$29,842
May 20233682,14770.622.23$30,770
Apr 20233711,93878.122.24$33,319
Mar 20231862,07172.852.39$18,506
Feb 20234931,90175.112.47$41,716
Jan 20233592,11476.533.39$34,636
Dec 20221912,06276.415.73$26,408
Nov 20225181,83285.005.65$54,374
Oct 20223701,72787.185.86$42,383
Sep 20223722,04984.888.16$48,303
Aug 20221862,18594.529.13$37,524
Jul 20223652,317101.587.54$54,552
Jun 20223621,970115.097.98$57,378
May 20223752,425109.378.43$61,464
Apr 20223672,103104.226.84$52,628
Mar 20223472,131108.885.08$48,599
Feb 20223662,14391.054.86$43,737
Jan 20225462,36981.844.54$55,434
Dec 20211622,32571.323.90$20,619
Nov 20215142,07477.435.24$50,660
Oct 20213722,18579.795.71$42,167
Sep 20213781,79969.865.35$36,033
Aug 20211701,94966.024.22$19,449
Jul 20213682,16670.783.98$34,672
Jun 20213772,09669.493.38$33,284
May 20213382,52263.483.02$29,067
Apr 20213422,45760.362.76$27,421
Mar 20215242,70661.302.72$39,473
Feb 20213511,97157.805.55$31,223
Jan 20215302,68950.412.81$34,274
Dec 20205132,83844.642.68$30,493
Nov 20205202,76338.772.71$27,639
Oct 20205102,78336.972.48$25,752
Sep 20203452,70637.091.99$18,184
Aug 20205062,99739.982.39$27,378
Jul 20205143,06638.371.83$25,318
Jun 20205102,84934.901.69$22,615
May 20203362,99116.921.81$11,113
Apr 20206833,00314.751.80$15,493
Mar 20205352,46030.341.86$20,798
Feb 20203612,73349.881.98$23,420
Jan 20206872,91757.252.09$45,441
Dec 20195363,11059.012.30$38,796
Nov 20195463,06655.302.75$38,627
Oct 20197193,22653.472.42$46,247
Sep 20193583,21355.052.66$28,246
Aug 20197223,39953.112.30$46,178
Jul 20197243,41256.272.46$49,133
Jun 20195293,35752.782.49$36,284
May 20196473,16058.482.74$46,496
Apr 20195712,94062.632.75$43,849
Mar 2019919056.803.06$52,199
Feb 20195533,00850.852.79$36,519
Jan 20195373,24546.033.23$35,194
Dec 20188723,47046.594.19$55,150
Nov 20185343,28252.934.24$42,171
Oct 20187123,57061.443.40$55,876
Sep 20185483,27259.543.11$42,797
Aug 20185383,40659.403.07$42,402
Jul 20187383,96165.142.93$59,687
Jun 20187124,02460.183.08$55,230
May 20185323,07065.382.90$43,688
Apr 20187172,09863.842.90$51,859
Mar 20187602,34061.222.79$53,048
Feb 20188942,92661.782.77$63,325
Jan 20185303,17562.874.01$46,051
Dec 20178943,03557.272.92$60,066
Nov 20177122,90555.423.12$48,518
Oct 20178552,93249.292.98$50,891
Sep 20178613,36447.523.09$51,300
Aug 20176873,52745.373.00$41,766
Jul 20177874,00243.873.09$46,881
Jun 20178572,42942.493.09$43,913
May 20177132,63945.373.26$40,961
Apr 20179034,03247.933.21$56,230
Mar 20177203,69846.772.98$44,708
Feb 20171,0403,93550.452.95$64,086
Jan 20177074,24049.413.42$49,429
Dec 20161,0644,44548.763.72$68,429
Nov 20161,0774,46642.492.64$57,571
Oct 20161,0095,04446.193.09$62,193
Sep 20166904,12141.553.10$41,447
Aug 20161,1914,21141.442.92$61,669
Jul 20161,0264,30041.622.92$55,277
Jun 20168644,55145.352.69$51,406
May 20161,1825,36142.521.99$60,933
Apr 20166854,79536.561.99$34,591
Mar 20161,4254,29633.011.79$54,746
Feb 20161,0394,62626.472.06$37,049
Jan 20161,4345,32927.352.36$51,820
Dec 20151,0964,98232.362.00$45,438
Nov 20151,0294,31038.792.17$49,256
Oct 20151,4126,19043.552.43$76,513
Sep 20151,6206,98542.992.76$88,911
Aug 20151,0786,43140.162.87$61,765
Jul 20151,3896,85548.152.95$87,069
Jun 20151,4476,92056.152.88$101,198
May 20151,41410,63255.212.96$109,489
Apr 20152,0311,05049.822.71$104,026
Mar 20152,5789,48742.892.93$138,412
Feb 20153,57513,33344.662.98$199,341
Jan 20152,70210,64043.433.10$150,339
Dec 20142,90410,15254.693.59$195,279
Nov 20141,9429,07570.464.25$175,419
Oct 20143,5979,64778.303.90$319,278
Sep 20142,8239,21986.164.05$280,525
Aug 20141,8006,70389.394.04$187,949
Jul 20141,9665,87496.564.18$214,388
Jun 20147151,25598.164.74$76,129
May 20141,3876,29494.734.73$161,139
Apr 20142,3075,91095.944.81$249,755
Mar 20142,3315,43595.895.06$251,003
Feb 20141,2743,60797.406.19$146,422
Jan 20142,0034,42290.404.86$202,565
Dec 20131,6553,80491.824.35$168,527
Nov 20139225,10588.853.74$101,004
Oct 20131,8032,53497.423.78$185,225
Sep 20132,6928,598104.113.72$312,229
Aug 20132,3704,636104.253.52$263,403
Jul 20131,1063,715102.523.72$127,199
Jun 20133283,42594.403.93$44,435
May 20137533,72194.834.15$86,846
Apr 20132,2246,74993.964.28$237,870
Mar 20138121,16493.623.91$80,574
Feb 20130091.233.42$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.

May 2026 — as filed, then multipliedworked
Oil                  205 bbl  × $106.41 =    $21,814
Casinghead gas     1,341 Mcf  × $  3.05 =     $4,084

────────────────────────────────────────────────────
Month total                                  $25,899

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/43770 is the state's own key, not one this site invented.