GRANTHAM 31

Operated by SM ENERGY COMPANY (P-5 788997) in the GARDEN CITY, S. (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 45878District 08Field 33998500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2.8 M
Apr 2014 – Jun 2024
Value, last 12 filed months
$0
at the published price for each month
Months reported
123
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 512 leases and 922 wells, and the rule below applies to all of them.

Discovered
1964-03-12
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 2014-05-22.

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: COMMINGLING FEE. GRANTED PER DOCKET #08-0287087.

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
OilDisposition47,081 bbl$2,384,732
Casinghead gasProduction153,005 Mcf$440,466
Total$2,825,197

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 32.1429, -101.5582. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

32.14288, -101.55819 · 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
10,274 ft
2 wells filed one
Completion to plug
3.2 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 10,143 and 10,405 ft, median 10,274 ft, over the 2 wells that filed a depth.

Completions filed
Mar 2021
2 of 2 wells
Plug dates filed
May 2024
2 of 2 wells

Last completion to plug: a median of 3.2 years across the 2 wells that filed both dates, with the middle half between 3.2 years and 3.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-22737695110,405 ftMar 2021May 2024Yes
42-22738055210,143 ftMar 2021May 2024Yes

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 (123)

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

123 months

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 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 2021012161.302.72$329
Feb 202126834057.805.55$17,377
Jan 20213041,04650.412.81$18,264
Dec 20202651,10344.642.68$14,781
Nov 20202599238.772.71$10,290
Oct 20201471,20436.972.48$8,419
Sep 202024969337.091.99$10,615
Aug 202029936639.982.39$12,827
Jul 20201675138.371.83$6,501
Jun 202028971434.901.69$11,293
May 20204441,07816.921.81$9,469
Apr 20205651,30914.751.80$10,696
Mar 20201132330.341.86$933
Feb 2020033649.881.98$666
Jan 202012349057.252.09$8,068
Dec 201912936159.012.30$8,444
Nov 201913652455.302.75$8,962
Oct 201924967053.472.42$14,934
Sep 201912376055.052.66$8,791
Aug 201925275153.112.30$15,114
Jul 201913183656.272.46$9,428
Jun 201913177152.782.49$8,835
May 201926490358.482.74$17,913
Apr 201926949662.632.75$18,212
Mar 201927173056.803.06$17,628
Feb 201938893050.852.79$22,327
Jan 20192661,41046.033.23$16,796
Dec 20184131,50846.594.19$25,553
Nov 201838770252.934.24$23,458
Oct 20183931,35361.443.40$28,744
Sep 20182561,06259.543.11$18,543
Aug 201839888159.403.07$26,343
Jul 20183821,66065.142.93$29,750
Jun 20183521,43560.183.08$25,599
May 20183651,57265.382.90$28,424
Apr 20183421,31563.842.90$25,648
Mar 20183521,22261.222.79$24,955
Feb 20183411,06461.782.77$24,010
Jan 20185931,20462.874.01$42,109
Dec 20173211,20057.272.92$21,889
Nov 20176271,38055.423.12$39,052
Oct 20172521,26149.292.98$16,184
Sep 20172641,04847.523.09$15,781
Aug 20174941,17445.373.00$25,940
Jul 20177231,42943.873.09$36,130
Jun 20173181,44442.493.09$17,970
May 20174441,78945.373.26$25,983
Apr 20175171,77247.933.21$30,471
Mar 20173851,98946.772.98$23,941
Feb 20178091,82750.452.95$46,208
Jan 20171341,56549.413.42$11,971
Dec 20166942,04648.763.72$41,456
Nov 20165622,05742.492.64$29,319
Oct 20164242,18446.193.09$26,334
Sep 20166942,58741.553.10$36,857
Aug 20166832,71641.442.92$36,246
Jul 20165582,58241.622.92$30,775
Jun 20167052,62945.352.69$39,033
May 20169182,75342.521.99$44,515
Apr 20165212,85736.561.99$24,736
Mar 20167683,20633.011.79$31,103
Feb 20166213,24126.472.06$23,126
Jan 20168953,78027.352.36$33,416
Dec 20151,0023,96032.362.00$40,350
Nov 20158974,09938.792.17$43,679
Oct 20151,0825,36343.552.43$60,135
Sep 20151,2774,97842.992.76$68,630
Aug 20156342,20740.162.87$31,801
Jul 20156441,58048.152.95$35,662
Jun 20151,2813,06456.152.88$80,761
May 20151,7827,77255.212.96$121,354
Apr 20151,5356,81149.822.71$94,908
Mar 20153,1738,80442.892.93$161,927
Feb 20151,4013,57344.662.98$73,203
Jan 20151,2242,70043.433.10$61,530
Dec 20141,6212,50054.693.59$97,631
Nov 20141,2324,03270.464.25$103,950
Oct 20141,5412,32378.303.90$129,722
Sep 20141,1722,30886.164.05$110,316
Aug 20146691,81589.394.04$67,126
Jul 201433128996.564.18$33,169
Jun 201433892598.164.74$37,560
May 2014341094.734.73$32,303
Apr 20140095.944.81$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.

Mar 2021 — as filed, then multipliedworked
Oil                    0 bbl  × $ 61.30 =         $0
Casinghead gas       121 Mcf  × $  2.72 =       $329

────────────────────────────────────────────────────
Month total                                     $329

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/45878 is the state's own key, not one this site invented.