VANCE

Operated by GRAYSTONE OPERATING, LLC (P-5 103478) in the JMG MAG (MISS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 185424District 09Field 45099250CondensateGasSaveExport
Value, all time
$514 k
Sep 2001 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
297
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 180 leases and 205 wells, and the rule below applies to all of them.

Discovered
2000-08-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: DONE THIS TWENTY-FIFTH DAY OF APRIL, 2005

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
CondensateDisposition373 bbl$16,102
GasProduction91,749 Mcf$497,644
Total$513,746

Every month this lease reported (297)

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

297 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
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 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
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 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170842.493.09$25
May 201704345.373.26$140
Apr 201702247.933.21$71
Mar 2017010646.772.98$316
Feb 2017010650.452.95$313
Jan 2017011549.413.42$393
Dec 2016010348.763.72$383
Nov 201608242.492.64$217
Oct 201606946.193.09$213
Sep 201603041.553.10$93
Aug 201601941.442.92$56
Jul 201604141.622.92$120
Jun 201603345.352.69$89
May 201602442.521.99$48
Apr 201602236.561.99$44
Mar 201602133.011.79$38
Feb 201602726.472.06$56
Jan 2016021827.352.36$515
Dec 2015021832.362.00$436
Nov 2015017238.792.17$373
Oct 2015014243.552.43$345
Sep 2015012642.992.76$348
Aug 2015012640.162.87$362
Jul 2015012348.152.95$362
Jun 2015010456.152.88$300
May 201504755.212.96$139
Apr 2015032149.822.71$869
Mar 2015026642.892.93$781
Feb 2015045144.662.98$1,342
Jan 2015064943.433.10$2,012
Dec 201401,16754.693.59$4,191
Nov 201401,89170.464.25$8,040
Oct 201402,79778.303.90$10,911
Sep 201402,97386.164.05$12,027
Aug 2014018089.394.04$726
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 201218086.773.42$1,562
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080692.538.77$53
Jan 200802290.388.21$181
Dec 200704588.337.30$329
Nov 200709091.677.29$656
Oct 200709782.856.92$671
Sep 2007010475.846.24$649
Aug 2007011069.066.39$703
Jul 2007013570.906.39$862
Jun 2007011762.007.55$883
May 200708258.747.85$643
Apr 200709159.617.81$710
Mar 2007010956.927.30$796
Feb 2007018855.108.22$1,545
Jan 2007029350.306.73$1,971
Dec 2006039256.656.92$2,712
Nov 2006040354.207.62$3,070
Oct 2006033454.906.01$2,009
Sep 2006042960.085.04$2,161
Aug 2006052568.717.34$3,853
Jul 2006010869.376.34$685
Jun 2006018866.286.38$1,200
May 2006047166.016.42$3,026
Apr 2006058964.397.36$4,335
Mar 2006049856.707.08$3,527
Feb 2006058757.597.75$4,550
Jan 2006065760.598.93$5,869
Dec 2005034754.9413.42$4,655
Nov 200515444354.6910.59$13,113
Oct 2005058158.3413.80$8,015
Sep 2005053561.4512.08$6,462
Aug 2005065361.519.80$6,397
Jul 2005065355.697.84$5,122
Jun 2005033152.337.38$2,443
May 2005017345.226.65$1,151
Apr 2005026149.207.36$1,921
Mar 2005022250.377.15$1,588
Feb 2005093745.226.31$5,914
Jan 200501,52543.166.32$9,641
Dec 200401,57839.866.75$10,653
Nov 2004131,61645.286.33$10,819
Oct 200401,78849.706.52$11,649
Sep 200401,85643.245.28$9,807
Aug 200401,97742.375.55$10,974
Jul 200402,08038.286.08$12,655
Jun 200402,19236.106.43$14,101
May 200402,38837.486.49$15,509
Apr 200402,36434.475.86$13,849
Mar 200402,60634.365.53$14,412
Feb 200402,56332.455.51$14,121
Jan 200402,82332.036.30$17,784
Dec 200302,79030.266.30$17,582
Nov 200301,74428.804.60$8,014
Oct 200303,96628.174.76$18,877
Sep 200304,03726.314.75$19,173
Aug 200304,07529.765.13$20,904
Jul 20031885,01629.415.17$31,466
Jun 200305,55228.565.98$33,217
May 200301,22526.595.97$7,317
Apr 2003043526.675.41$2,352
Mar 2003034431.146.10$2,097
Feb 2003027933.487.93$2,211
Jan 2003033530.315.58$1,870
Dec 2002049926.914.85$2,422
Nov 2002051924.664.14$2,147
Oct 2002029126.464.23$1,231
Sep 2002060527.443.64$2,199
Aug 2002063525.963.16$2,009
Jul 2002066424.583.06$2,033
Jun 2002062423.733.34$2,083
May 2002048724.663.58$1,745
Apr 2002039123.653.51$1,373
Mar 2002038822.003.10$1,204
Feb 2002047618.222.38$1,131
Jan 2002025117.172.38$596
Dec 2001072016.932.36$1,702
Nov 2001095718.072.41$2,302
Oct 200101,20019.782.53$3,035
Sep 200101,24024.262.25$2,792

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.

Jun 2017 — as filed, then multipliedworked
Condensate             0 bbl  × $ 42.49 =         $0
Gas                    8 Mcf  × $  3.09 =        $25

────────────────────────────────────────────────────
Month total                                      $25

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/185424 is the state's own key, not one this site invented.