JANE M GRAVES UNIT

Operated by DIAMONDBACK E&P LLC (P-5 217012) in the HOEFS T-K (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 56962District 08Field 41911500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$4.1 M
Feb 2022 – May 2026
Value, last 12 filed months
$615 k
at the published price for each month
Months reported
52
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 612 leases and 960 wells, and the rule below applies to all of them.

Discovered
1988-02-06
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2019-12-17.

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: COMPLETION DATE DUE TO RECLASS USING HEPTANES PLUS ANNALYSIS.

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
OilDisposition45,979 bbl$3,748,943
Casinghead gasProduction75,178 Mcf$308,587
Total$4,057,530

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 31.3702, -103.2461. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.37021, -103.24609 · 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
10,611 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 10,611 ft.

Completions filed
Nov 2011
1 of 1 wells

1 well

42-389327861H10,611 ftNov 2011

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 (52)

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

52 months

May 20269182,178106.413.05$104,318
Apr 20265421,59698.932.87$58,200
Mar 20269132,13889.753.15$88,675
Feb 20267311,86063.503.75$53,394
Jan 20269301,78859.138.00$69,291
Dec 20259421,97256.664.41$62,077
Nov 20255671,37258.593.93$38,608
Oct 20255551,18659.383.30$36,875
Sep 202518393062.743.08$14,343
Aug 202502,79763.933.01$8,432
Jul 20253512,13066.743.32$30,487
Jun 2025754066.483.13$50,126
May 2025758060.553.23$45,897
Apr 20251,108062.363.54$69,095
Mar 202573730567.704.27$51,197
Feb 202556486070.884.34$43,709
Jan 202535978674.324.28$30,044
Dec 202414236468.993.12$10,933
Nov 20241857869.052.20$12,946
Oct 202491687271.372.28$67,364
Sep 20245441,44169.612.36$41,275
Aug 20241,1102,14375.632.06$88,372
Jul 20241,3022,50879.932.15$109,453
Jun 20241,0922,54978.082.63$91,977
May 20241,1241,70978.812.20$92,340
Apr 20245611,14084.451.66$49,268
Mar 20241,2642,37280.301.55$105,164
Feb 20241,3291,33276.091.78$103,499
Jan 20241,2711,65773.023.30$98,273
Dec 20239451,42671.262.61$71,064
Nov 20231,6972,08077.892.81$138,019
Oct 202338583685.443.09$35,475
Sep 202338929189.042.74$35,432
Aug 20231,4623,06180.522.67$125,902
Jul 20232,0652,94474.852.64$162,343
Jun 20231,6831,59568.962.26$119,662
May 20232070.622.23$141
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20231,1661,05776.533.39$92,815
Dec 20221,1732,08976.415.73$101,597
Nov 20229551,97085.005.65$92,298
Oct 20221,1641,89787.185.86$112,601
Sep 20221,3021,62284.888.16$123,755
Aug 20221,1041,86694.529.13$121,381
Jul 20221,2711,996101.587.54$144,162
Jun 20221,4722,047115.097.98$185,742
May 20221,3132,060109.378.43$160,975
Apr 20221,2921,979104.226.84$148,184
Mar 20221,7162,199108.885.08$198,001
Feb 20221,6712,10091.054.86$162,348

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                  918 bbl  × $106.41 =    $97,684
Casinghead gas     2,178 Mcf  × $  3.05 =     $6,634

────────────────────────────────────────────────────
Month total                                 $104,318

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/56962 is the state's own key, not one this site invented.