GRACE RANCH

Operated by GONZENBACH OIL & GAS, LLC (P-5 314165) in the BOONSVILLE (BEND CONGL., GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 131268District 09Field 105745202 tax incentive programmesCondensateGasSaveExport
Value, all time
$707 k
Jan 1993 – Feb 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
326
no gaps in the span
Streams
2
condensate, 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 3,438 leases and 3,443 wells, and the rule below applies to all of them.

Discovered
1945-05-01
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
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1991-06-10.

The Commission's schedule remark for this field reads: AMOUNT HAD BEEN CALCULATED FOR 5/1/97.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112003-01-22150296
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition558 bbl$19,281
GasProduction319,515 Mcf$687,478
Total$706,759

156,623 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 33.2889, -97.9978. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.28887, -97.99784 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
5,870 ft
1 wells filed one
Completion to plug
29.4 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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

The one well that filed a depth was drilled to 5,870 ft.

Completions filed
Jun 1989
1 of 1 wells
Plug dates filed
Nov 2018
1 of 1 wells

Last completion to plug: a median of 29.4 years across the 1 well that filed both dates, with the middle half between 29.4 years and 29.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2373763015,870 ftJun 1989Nov 2018Yes

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 (326)

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

326 months

Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 201804752.934.24$199
Oct 2018013061.443.40$442
Sep 2018014759.543.11$457
Aug 2018010459.403.07$319
Jul 2018014365.142.93$419
Jun 2018013860.183.08$425
May 2018013165.382.90$380
Apr 2018014163.842.90$409
Mar 2018015661.222.79$435
Feb 2018013561.782.77$373
Jan 2018013962.874.01$557
Dec 2017014857.272.92$432
Nov 2017012355.423.12$384
Oct 2017015749.292.98$468
Sep 2017015247.523.09$469
Aug 2017017445.373.00$523
Jul 2017017543.873.09$540
Jun 2017017242.493.09$531
May 2017017045.373.26$555
Apr 2017015747.933.21$504
Mar 2017014846.772.98$442
Feb 2017014850.452.95$437
Jan 2017016149.413.42$550
Dec 2016017748.763.72$659
Nov 2016016842.492.64$444
Oct 2016019146.193.09$590
Sep 2016016841.553.10$521
Aug 2016017441.442.92$509
Jul 2016018941.622.92$553
Jun 2016019445.352.69$521
May 2016021242.521.99$422
Apr 2016020836.561.99$414
Mar 2016019833.011.79$355
Feb 2016020526.472.06$423
Jan 2016021827.352.36$515
Dec 2015022332.362.00$446
Nov 2015019838.792.17$429
Oct 2015023343.552.43$565
Sep 2015024842.992.76$684
Aug 2015028040.162.87$804
Jul 2015025648.152.95$754
Jun 2015034556.152.88$995
May 2015035755.212.96$1,055
Apr 2015035949.822.71$972
Mar 2015016642.892.93$487
Feb 2015013544.662.98$402
Jan 2015032843.433.10$1,017
Dec 2014033754.693.59$1,210
Nov 2014026270.464.25$1,114
Oct 2014037678.303.90$1,467
Sep 2014038986.164.05$1,574
Aug 2014039389.394.04$1,586
Jul 2014037796.564.18$1,576
Jun 2014037698.164.74$1,781
May 2014035894.734.73$1,692
Apr 2014033295.944.81$1,597
Mar 2014042495.895.06$2,144
Feb 2014042297.406.19$2,613
Jan 2014038790.404.86$1,881
Dec 2013033491.824.35$1,454
Nov 2013037288.853.74$1,391
Oct 2013032897.423.78$1,240
Sep 20130352104.113.72$1,309
Aug 20130333104.253.52$1,173
Jul 20130365102.523.72$1,357
Jun 2013045194.403.93$1,774
May 2013049694.834.15$2,058
Apr 2013040793.964.28$1,743
Mar 2013039493.623.91$1,542
Feb 2013034191.233.42$1,166
Jan 2013037591.603.42$1,282
Dec 2012034386.773.42$1,173
Nov 2012034986.953.62$1,265
Oct 2012035189.383.40$1,193
Sep 2012031594.672.92$919
Aug 2012038692.662.91$1,123
Jul 2012043185.133.02$1,302
Jun 2012043079.822.52$1,083
May 2012046791.612.49$1,162
Apr 20120398101.652.00$795
Mar 20120471105.052.22$1,047
Feb 20120427101.102.57$1,097
Jan 2012042398.092.73$1,157
Dec 2011037996.873.24$1,228
Nov 2011038895.723.31$1,285
Oct 2011038684.983.65$1,408
Sep 2011038283.623.99$1,523
Aug 2011039983.404.15$1,656
Jul 2011043194.144.52$1,947
Jun 2011044592.904.64$2,065
May 2011044998.134.40$1,978
Apr 20110435105.964.33$1,885
Mar 2011045296.364.06$1,834
Feb 2011043385.644.18$1,810
Jan 2011046086.504.59$2,111
Dec 2010043485.734.35$1,887
Nov 2010055780.843.80$2,114
Oct 2010043678.103.51$1,530
Sep 2010041072.633.98$1,632
Aug 2010041573.684.42$1,834
Jul 2010041272.554.74$1,951
Jun 2010042870.364.91$2,102
May 2010047471.124.24$2,007
Apr 2010047481.694.12$1,954
Mar 2010039978.394.39$1,751
Feb 2010041073.585.44$2,231
Jan 2010050974.365.96$3,036
Dec 2009045571.445.48$2,495
Nov 2009040074.593.75$1,501
Oct 2009048872.544.11$2,006
Sep 2009061565.543.06$1,885
Aug 2009048367.423.22$1,555
Jul 200917553661.133.46$12,555
Jun 2009052966.163.90$2,060
May 2009044554.743.93$1,747
Apr 2009047946.773.59$1,718
Mar 2009052942.144.06$2,147
Feb 2009049632.814.63$2,298
Jan 2009052835.865.37$2,836
Dec 2008055337.105.98$3,305
Nov 2008052155.496.86$3,574
Oct 2008049375.246.92$3,413
Sep 20080504101.767.88$3,970
Aug 20080589114.228.48$4,997
Jul 20080597131.0811.39$6,799
Jun 20080554131.3313.03$7,220
May 20080601123.1711.57$6,956
Apr 20080602110.3110.45$6,294
Mar 20080524101.909.66$5,064
Feb 2008062392.538.77$5,464
Jan 2008065390.388.21$5,358
Dec 2007060588.337.30$4,418
Nov 2007040091.677.29$2,917
Oct 2007042982.856.92$2,970
Sep 2007054975.846.24$3,428
Aug 2007071269.066.39$4,548
Jul 2007015570.906.39$990
Jun 2007015762.007.55$1,185
May 2007018258.747.85$1,428
Apr 2007026059.617.81$2,029
Mar 2007053556.927.30$3,907
Feb 2007031055.108.22$2,547
Jan 2007052150.306.73$3,505
Dec 2006065056.656.92$4,497
Nov 2006077354.207.62$5,888
Oct 2006094154.906.01$5,659
Sep 2006096560.085.04$4,861
Aug 200601,10568.717.34$8,111
Jul 200601,15569.376.34$7,326
Jun 2006017766.286.38$1,130
May 200601466.016.42$90
Apr 20061016064.397.36$1,822
Mar 2006020256.707.08$1,431
Feb 2006021057.597.75$1,628
Jan 2006027060.598.93$2,412
Dec 2005032054.9413.42$4,293
Nov 2005036454.6910.59$3,854
Oct 2005039858.3413.80$5,491
Sep 2005049461.4512.08$5,967
Aug 2005059561.519.80$5,829
Jul 2005066655.697.84$5,224
Jun 2005076952.337.38$5,676
May 2005088245.226.65$5,866
Apr 2005094849.207.36$6,978
Mar 200501,09350.377.15$7,820
Feb 200501,02145.226.31$6,444
Jan 200501,33843.166.32$8,459
Dec 2004032039.866.75$2,160
Nov 200405045.286.33$317
Oct 2004019749.706.52$1,283
Sep 2004022543.245.28$1,189
Aug 2004026442.375.55$1,465
Jul 2004033638.286.08$2,044
Jun 2004029736.106.43$1,911
May 2004032537.486.49$2,111
Apr 2004037234.475.86$2,179
Mar 2004043434.365.53$2,400
Feb 2004041832.455.51$2,303
Jan 2004050832.036.30$3,200
Dec 2003058830.266.30$3,705
Nov 2003063428.804.60$2,913
Oct 2003074028.174.76$3,522
Sep 2003077626.314.75$3,686
Aug 2003097929.765.13$5,022
Jul 200301,05429.415.17$5,450
Jun 2003097828.565.98$5,851
May 2003099426.595.97$5,937
Apr 200301,03626.675.41$5,602
Mar 200301,08931.146.10$6,639
Feb 2003092733.487.93$7,347
Jan 2003061530.315.58$3,433
Dec 2002040426.914.85$1,961
Nov 2002036124.664.14$1,493
Oct 2002026226.464.23$1,108
Sep 2002047227.443.64$1,716
Aug 2002066325.963.16$2,098
Jul 2002065024.583.06$1,990
Jun 2002065323.733.34$2,180
May 2002077424.663.58$2,774
Apr 2002079023.653.51$2,775
Mar 2002081722.003.10$2,535
Feb 2002078518.222.38$1,865
Jan 2002091917.172.38$2,183
Dec 2001085016.932.36$2,010
Nov 2001084818.072.41$2,040
Oct 2001085219.782.53$2,155
Sep 2001080124.262.25$1,803
Aug 200101,14024.873.05$3,481
Jul 2001090423.933.20$2,890
Jun 2001093524.563.82$3,576
May 2001088225.524.31$3,799
Apr 2001083024.685.34$4,428
Mar 2001086024.545.38$4,624
Feb 2001078727.755.77$4,539
Jan 2001097727.478.40$8,206
Dec 200001,02226.889.12$9,323
Nov 200001,10132.215.66$6,229
Oct 200001,11831.235.15$5,753
Sep 200001,15631.875.19$5,996
Aug 200001,16629.644.54$5,295
Jul 20001391,11528.534.09$8,526
Jun 200001,09529.304.40$4,815
May 200001,17627.263.68$4,327
Apr 200001,11724.513.12$3,481
Mar 200001,15828.422.86$3,312
Feb 200001,07327.622.73$2,926
Jan 200001,17225.272.48$2,907
Dec 199901,10624.282.42$2,681
Nov 1999048623.192.43$1,183
Oct 1999066920.982.80$1,876
Sep 1999084121.752.62$2,202
Aug 1999090019.262.88$2,588
Jul 1999071417.892.37$1,694
Jun 1999059215.942.36$1,398
May 199901,11015.792.32$2,576
Apr 199902,21015.102.21$4,880
Mar 199901,01512.471.84$1,866
Feb 199909999.981.82$1,816
Jan 199901,24310.381.90$2,362
Dec 199801,4139.201.77$2,506
Nov 199801,46710.892.19$3,206
Oct 199801,60412.421.97$3,159
Sep 199801,61512.592.08$3,363
Aug 199801,71911.301.91$3,279
Jul 199801,78611.742.24$3,996
Jun 199801,65511.242.24$3,703
May 199801,72412.622.21$3,804
Apr 199801,54413.042.51$3,868
Mar 199801,75712.802.31$4,058
Feb 199801,69913.952.30$3,906
Jan 199801,98314.702.15$4,273
Dec 199701,75416.322.41$4,229
Nov 199702,82518.193.09$8,724
Oct 199702,89819.253.15$9,128
Sep 199702,37817.742.95$7,027
Aug 199702,95617.862.55$7,552
Jul 199703,72017.582.25$8,359
Jun 19971001,54417.242.26$5,209
May 199703918.972.31$90
Apr 1997019717.882.08$410
Mar 1997042718.951.94$828
Feb 199705820.492.21$128
Jan 1997038723.483.54$1,370
Dec 1996033323.32$0
Nov 1996092321.97$0
Oct 199601,05923.31$0
Sep 1996096322.22$0
Aug 199601,20520.26$0
Jul 199601,30119.55$0
Jun 199601,26418.73$0
May 199601,61019.43$0
Apr 199601,72421.51$0
Mar 199601,91619.38$0
Feb 199601,95816.98$0
Jan 199602,11217.07$0
Dec 199502,47617.19$0
Nov 199502,56316.00$0
Oct 199502,18315.43$0
Sep 199502,17316.18$0
Aug 199502,37315.92$0
Jul 199502,18815.24$0
Jun 199502,52516.41$0
May 199502,88317.56$0
Apr 199502,79717.73$0
Mar 199502,93016.44$0
Feb 199502,60016.58$0
Jan 199502,15715.92$0
Dec 199402,03215.03$0
Nov 199401,83915.90$0
Oct 199402,02115.58$0
Sep 199402,00215.29$0
Aug 199402,25416.13$0
Jul 199402,66317.56$0
Jun 199402,73317.09$0
May 199402,58715.88$0
Apr 199403,30214.14$0
Mar 199403,30512.46$0
Feb 199403,47912.50$0
Jan 199404,04312.66$0
Dec 199304,50812.33$0
Nov 199304,83714.49$0
Oct 199305,89415.85$0
Sep 199306,39915.03$0
Aug 199306,95215.66$0
Jul 199306,23015.46$0
Jun 19931345,99516.79$2,250
May 199307,15117.68$0
Apr 199307,03118.05$0
Mar 199307,72518.14$0
Feb 199307,17817.90$0
Jan 199308,24716.93$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.

Nov 2018 — as filed, then multipliedworked
Condensate             0 bbl  × $ 52.93 =         $0
Gas                   47 Mcf  × $  4.24 =       $199

────────────────────────────────────────────────────
Month total                                     $199

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. 09/G/131268 is the state's own key, not one this site invented.