GRAHAM EST.

Operated by GRECO OPERATING, INC. (P-5 330101) in the YOUNG COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 16889District 09Field 99480001OilCasinghead gasSaveExport
Value, all time
$97 k
Jan 1993 – Sep 2005
Value, last 12 filed months
$0
at the published price for each month
Months reported
153
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 2,525 leases and 8,014 wells, and the rule below applies to all of them.

Discovered
1917-12-31
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

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
OilDisposition5,423 bbl$97,460
Casinghead gasProduction391 Mcf$0
Total$97,460

391 Mcf of this lease's gas, across 40 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 33.0703, -98.8604. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.07026, -98.86043 · 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
4,522 ft
1 wells filed one
Completion to plug
2.3 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 4,522 ft.

Completions filed
Mar 2003
1 of 1 wells
Plug dates filed
Jul 2005
1 of 1 wells

Last completion to plug: a median of 2.3 years across the 1 well that filed both dates, with the middle half between 2.3 years and 2.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-5033068814,522 ftMar 2003Jul 2005Yes

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 (153)

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

153 months

Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 200250026.914.85$1,346
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20025022.003.10$110
Feb 20024018.222.38$73
Jan 20020017.172.38$0
Dec 2001125016.932.36$2,116
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20011024.873.05$25
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20015025.524.31$128
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 2000141026.889.12$3,790
Nov 20002032.215.66$64
Oct 20000031.235.15$0
Sep 2000141031.875.19$4,494
Aug 20000029.644.54$0
Jul 2000111028.534.09$3,167
Jun 20001029.304.40$29
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 2000139027.622.73$3,839
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 1999136023.192.43$3,154
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 1999161019.262.88$3,101
Jul 19994017.892.37$72
Jun 1999159015.942.36$2,534
May 19993015.792.32$47
Apr 1999167015.102.21$2,522
Mar 19992012.471.84$25
Feb 1999209.981.82$20
Jan 1999164010.381.90$1,702
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 1998153012.592.08$1,926
Aug 19983011.301.91$34
Jul 1998145011.742.24$1,702
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19983013.042.51$39
Mar 19980012.802.31$0
Feb 19982013.952.30$28
Jan 19980014.702.15$0
Dec 1997175016.322.41$2,856
Nov 19971018.193.09$18
Oct 19972019.253.15$39
Sep 1997167017.742.95$2,963
Aug 19972017.862.55$36
Jul 19970017.582.25$0
Jun 1997163017.242.26$2,810
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 1997148018.951.94$2,805
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 1996164023.32$3,824
Nov 19960021.97$0
Oct 19960023.31$0
Sep 199689022.22$1,978
Aug 19960020.26$0
Jul 1996144019.55$2,815
Jun 19960018.73$0
May 19960019.43$0
Apr 19962171021.51$4,668
Mar 199601019.38$0
Feb 199601016.98$0
Jan 19961781017.07$3,038
Dec 199501017.19$0
Nov 199501016.00$0
Oct 199501015.43$0
Sep 19951791016.18$2,896
Aug 199501015.92$0
Jul 199501015.24$0
Jun 19951801016.41$2,954
May 199501017.56$0
Apr 199501017.73$0
Mar 19951731016.44$2,844
Feb 199551016.58$83
Jan 199501015.92$0
Dec 19941751015.03$2,630
Nov 199401015.90$0
Oct 199401015.58$0
Sep 19941771015.29$2,706
Aug 199401016.13$0
Jul 199401017.56$0
Jun 19941781017.09$3,042
May 199401015.88$0
Apr 199421014.14$28
Mar 19941801012.46$2,243
Feb 199401012.50$0
Jan 1994184112.66$2,329
Dec 199311012.33$12
Nov 199321014.49$29
Oct 19931791015.85$2,837
Sep 199301015.03$0
Aug 199301015.66$0
Jul 19931791015.46$2,767
Jun 199301016.79$0
May 199301017.68$0
Apr 19931751018.05$3,159
Mar 199301018.14$0
Feb 199301017.90$0
Jan 19931751016.93$2,963

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.

Dec 2002 — as filed, then multipliedworked
Oil                   50 bbl  × $ 26.91 =     $1,346
Casinghead gas         0 Mcf  × $  4.85 =         $0

────────────────────────────────────────────────────
Month total                                   $1,346

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/O/16889 is the state's own key, not one this site invented.