GRAVES, R L

Name: GRAVES, R L lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by PRIMEXX OPERATING CORPORATION (P-5 677852) in the JACK COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18960District 09Field 45274001OilCasinghead gasSave

Value, all time

$699 k

Jan 1993 – Apr 2014

Value, last 12 filed months

$23 k

at the published price for each month

Months reported

256

no gaps in the span

Streams

oil, casinghead gas

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.

Stream	Basis	Volume	Value
Oil	Disposition	8,090 bbl	$246,311
Casinghead gas	Production	128,648 Mcf	$452,870
Total			$699,181

33,364 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 (3)

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 33.3080, -98.0793. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

33.30796, -98.07859 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

3 of 3 wells

With a plug date

100.0%

3 of 3 wells

Median depth

5,503 ft

3 wells filed one

Completion to plug

30.8 years

median over 3 wells

What the state filed about each well

On the RRC proration schedule

3100.0%

A plug date is filed

3100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

3100.0%

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 2,325 and 5,508 ft, median 5,503 ft, over the 3 wells that filed a depth.

Completions filed

Jun 1978 – Oct 1982

3 of 3 wells

Plug dates filed

Jun 1997 – Aug 2013

3 of 3 wells

Last completion to plug: a median of 30.8 years across the 3 wells that filed both dates, with the middle half between 24.9 years and 32.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells


42-23734827	3	5,503 ft	Oct 1982	Aug 2013	Yes
42-23732190	2	5,508 ft	Jun 1978	Sep 2011	Yes
42-23732265	1 D	2,325 ft	Jun 1978	Jun 1997	Yes

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 (256)

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

256 months


Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	126	0	104.25	3.52	$13,136
Jul 2013	96	0	102.52	3.72	$9,842
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	257	89.38	3.40	$874
Sep 2012	0	588	94.67	2.92	$1,716
Aug 2012	0	576	92.66	2.91	$1,675
Jul 2012	0	275	85.13	3.02	$831
Jun 2012	0	559	79.82	2.52	$1,408
May 2012	0	564	91.61	2.49	$1,403
Apr 2012	0	541	101.65	2.00	$1,080
Mar 2012	0	566	105.05	2.22	$1,258
Feb 2012	0	559	101.10	2.57	$1,437
Jan 2012	0	597	98.09	2.73	$1,632
Dec 2011	0	598	96.87	3.24	$1,937
Nov 2011	0	592	95.72	3.31	$1,960
Oct 2011	0	584	84.98	3.65	$2,131
Sep 2011	0	574	83.62	3.99	$2,288
Aug 2011	0	595	83.40	4.15	$2,469
Jul 2011	0	597	94.14	4.52	$2,697
Jun 2011	0	587	92.90	4.64	$2,724
May 2011	0	590	98.13	4.40	$2,599
Apr 2011	0	593	105.96	4.33	$2,570
Mar 2011	0	638	96.36	4.06	$2,589
Feb 2011	0	359	85.64	4.18	$1,501
Jan 2011	0	476	86.50	4.59	$2,184
Dec 2010	0	471	85.73	4.35	$2,048
Nov 2010	0	547	80.84	3.80	$2,076
Oct 2010	0	582	78.10	3.51	$2,042
Sep 2010	0	592	72.63	3.98	$2,356
Aug 2010	154	644	73.68	4.42	$14,193
Jul 2010	0	530	72.55	4.74	$2,510
Jun 2010	0	563	70.36	4.91	$2,765
May 2010	0	372	71.12	4.24	$1,576
Apr 2010	0	366	81.69	4.12	$1,509
Mar 2010	0	377	78.39	4.39	$1,655
Feb 2010	0	324	73.58	5.44	$1,763
Jan 2010	0	362	74.36	5.96	$2,159
Dec 2009	0	326	71.44	5.48	$1,788
Nov 2009	165	324	74.59	3.75	$13,523
Oct 2009	0	340	72.54	4.11	$1,397
Sep 2009	0	362	65.54	3.06	$1,109
Aug 2009	0	368	67.42	3.22	$1,184
Jul 2009	0	420	61.13	3.46	$1,455
Jun 2009	0	406	66.16	3.90	$1,581
May 2009	0	434	54.74	3.93	$1,704
Apr 2009	0	467	46.77	3.59	$1,675
Mar 2009	0	441	42.14	4.06	$1,790
Feb 2009	176	442	32.81	4.63	$7,822
Jan 2009	0	406	35.86	5.37	$2,181
Dec 2008	0	410	37.10	5.98	$2,451
Nov 2008	0	397	55.49	6.86	$2,724
Oct 2008	0	411	75.24	6.92	$2,845
Sep 2008	0	388	101.76	7.88	$3,056
Aug 2008	0	445	114.22	8.48	$3,775
Jul 2008	154	482	131.08	11.39	$25,676
Jun 2008	0	270	131.33	13.03	$3,519
May 2008	0	399	123.17	11.57	$4,618
Apr 2008	0	389	110.31	10.45	$4,067
Mar 2008	0	362	101.90	9.66	$3,498
Feb 2008	0	360	92.53	8.77	$3,157
Jan 2008	0	373	90.38	8.21	$3,061
Dec 2007	0	398	88.33	7.30	$2,906
Nov 2007	0	391	91.67	7.29	$2,851
Oct 2007	171	412	82.85	6.92	$17,019
Sep 2007	0	410	75.84	6.24	$2,560
Aug 2007	0	444	69.06	6.39	$2,836
Jul 2007	0	338	70.90	6.39	$2,159
Jun 2007	0	388	62.00	7.55	$2,929
May 2007	0	418	58.74	7.85	$3,280
Apr 2007	0	399	59.61	7.81	$3,114
Mar 2007	0	261	56.92	7.30	$1,906
Feb 2007	0	392	55.10	8.22	$3,221
Jan 2007	0	409	50.30	6.73	$2,751
Dec 2006	143	630	56.65	6.92	$12,460
Nov 2006	0	607	54.20	7.62	$4,624
Oct 2006	0	631	54.90	6.01	$3,795
Sep 2006	0	654	60.08	5.04	$3,294
Aug 2006	0	624	68.71	7.34	$4,580
Jul 2006	0	669	69.37	6.34	$4,243
Jun 2006	164	672	66.28	6.38	$15,160
May 2006	0	601	66.01	6.42	$3,861
Apr 2006	0	618	64.39	7.36	$4,549
Mar 2006	0	144	56.70	7.08	$1,020
Feb 2006	0	633	57.59	7.75	$4,906
Jan 2006	0	404	60.59	8.93	$3,609
Dec 2005	0	410	54.94	13.42	$5,500
Nov 2005	0	283	54.69	10.59	$2,997
Oct 2005	162	470	58.34	13.80	$15,935
Sep 2005	0	397	61.45	12.08	$4,795
Aug 2005	0	403	61.51	9.80	$3,948
Jul 2005	0	497	55.69	7.84	$3,898
Jun 2005	0	439	52.33	7.38	$3,240
May 2005	0	536	45.22	6.65	$3,565
Apr 2005	0	487	49.20	7.36	$3,585
Mar 2005	147	465	50.37	7.15	$10,731
Feb 2005	0	415	45.22	6.31	$2,619
Jan 2005	0	434	43.16	6.32	$2,744
Dec 2004	0	497	39.86	6.75	$3,355
Nov 2004	0	486	45.28	6.33	$3,077
Oct 2004	0	413	49.70	6.52	$2,691
Sep 2004	55	409	43.24	5.28	$4,539
Aug 2004	103	432	42.37	5.55	$6,762
Jul 2004	0	458	38.28	6.08	$2,787
Jun 2004	0	470	36.10	6.43	$3,024
May 2004	0	546	37.48	6.49	$3,546
Apr 2004	0	501	34.47	5.86	$2,935
Mar 2004	0	523	34.36	5.53	$2,892
Feb 2004	156	528	32.45	5.51	$7,971
Jan 2004	0	548	32.03	6.30	$3,452
Dec 2003	0	601	30.26	6.30	$3,787
Nov 2003	0	560	28.80	4.60	$2,573
Oct 2003	1	355	28.17	4.76	$1,718
Sep 2003	0	684	26.31	4.75	$3,249
Aug 2003	0	574	29.76	5.13	$2,944
Jul 2003	0	567	29.41	5.17	$2,932
Jun 2003	0	474	28.56	5.98	$2,836
May 2003	0	527	26.59	5.97	$3,148
Apr 2003	0	649	26.67	5.41	$3,509
Mar 2003	0	737	31.14	6.10	$4,493
Feb 2003	128	503	33.48	7.93	$8,272
Jan 2003	0	622	30.31	5.58	$3,472
Dec 2002	0	627	26.91	4.85	$3,043
Nov 2002	0	625	24.66	4.14	$2,586
Oct 2002	160	699	26.46	4.23	$7,190
Sep 2002	0	637	27.44	3.64	$2,316
Aug 2002	0	651	25.96	3.16	$2,060
Jul 2002	0	632	24.58	3.06	$1,935
Jun 2002	0	613	23.73	3.34	$2,046
May 2002	0	759	24.66	3.58	$2,720
Apr 2002	155	572	23.65	3.51	$5,675
Mar 2002	0	680	22.00	3.10	$2,110
Feb 2002	0	661	18.22	2.38	$1,570
Jan 2002	0	789	17.17	2.38	$1,874
Dec 2001	0	622	16.93	2.36	$1,471
Nov 2001	154	635	18.07	2.41	$4,310
Oct 2001	0	633	19.78	2.53	$1,601
Sep 2001	0	1,060	24.26	2.25	$2,386
Aug 2001	0	604	24.87	3.05	$1,844
Jul 2001	0	633	23.93	3.20	$2,024
Jun 2001	149	685	24.56	3.82	$6,279
May 2001	0	622	25.52	4.31	$2,679
Apr 2001	0	585	24.68	5.34	$3,121
Mar 2001	0	566	24.54	5.38	$3,043
Feb 2001	0	513	27.75	5.77	$2,959
Jan 2001	163	525	27.47	8.40	$8,887
Dec 2000	0	573	26.88	9.12	$5,227
Nov 2000	0	275	32.21	5.66	$1,556
Oct 2000	0	605	31.23	5.15	$3,113
Sep 2000	0	584	31.87	5.19	$3,029
Aug 2000	155	598	29.64	4.54	$7,310
Jul 2000	0	281	28.53	4.09	$1,149
Jun 2000	0	547	29.30	4.40	$2,405
May 2000	0	556	27.26	3.68	$2,046
Apr 2000	170	557	24.51	3.12	$5,902
Mar 2000	0	562	28.42	2.86	$1,607
Feb 2000	0	451	27.62	2.73	$1,230
Jan 2000	0	258	25.27	2.48	$640
Dec 1999	0	518	24.28	2.42	$1,255
Nov 1999	158	504	23.19	2.43	$4,891
Oct 1999	0	571	20.98	2.80	$1,601
Sep 1999	0	537	21.75	2.62	$1,406
Aug 1999	0	538	19.26	2.88	$1,547
Jul 1999	155	547	17.89	2.37	$4,071
Jun 1999	0	454	15.94	2.36	$1,072
May 1999	0	454	15.79	2.32	$1,054
Apr 1999	0	383	15.10	2.21	$846
Mar 1999	146	491	12.47	1.84	$2,723
Feb 1999	7	483	9.98	1.82	$948
Jan 1999	0	475	10.38	1.90	$902
Dec 1998	0	467	9.20	1.77	$828
Nov 1998	154	426	10.89	2.19	$2,608
Oct 1998	0	565	12.42	1.97	$1,113
Sep 1998	0	477	12.59	2.08	$993
Aug 1998	159	555	11.30	1.91	$2,855
Jul 1998	0	477	11.74	2.24	$1,067
Jun 1998	0	440	11.24	2.24	$984
May 1998	0	458	12.62	2.21	$1,011
Apr 1998	156	447	13.04	2.51	$3,154
Mar 1998	0	472	12.80	2.31	$1,090
Feb 1998	0	428	13.95	2.30	$984
Jan 1998	0	459	14.70	2.15	$989
Dec 1997	159	425	16.32	2.41	$3,620
Nov 1997	0	424	18.19	3.09	$1,309
Oct 1997	165	501	19.25	3.15	$4,754
Sep 1997	0	489	17.74	2.95	$1,445
Aug 1997	0	494	17.86	2.55	$1,262
Jul 1997	0	486	17.58	2.25	$1,092
Jun 1997	0	465	17.24	2.26	$1,050
May 1997	234	462	18.97	2.31	$5,506
Apr 1997	0	472	17.88	2.08	$983
Mar 1997	0	504	18.95	1.94	$977
Feb 1997	146	500	20.49	2.21	$4,094
Jan 1997	0	497	23.48	3.54	$1,759
Dec 1996	0	492	23.32	—	$0
Nov 1996	179	501	21.97	—	$3,933
Oct 1996	0	535	23.31	—	$0
Sep 1996	0	489	22.22	—	$0
Aug 1996	0	507	20.26	—	$0
Jul 1996	156	503	19.55	—	$3,050
Jun 1996	0	381	18.73	—	$0
May 1996	0	422	19.43	—	$0
Apr 1996	148	382	21.51	—	$3,183
Mar 1996	0	338	19.38	—	$0
Feb 1996	0	527	16.98	—	$0
Jan 1996	163	538	17.07	—	$2,782
Dec 1995	0	559	17.19	—	$0
Nov 1995	156	610	16.00	—	$2,496
Oct 1995	0	783	15.43	—	$0
Sep 1995	169	713	16.18	—	$2,734
Aug 1995	0	543	15.92	—	$0
Jul 1995	0	777	15.24	—	$0
Jun 1995	183	823	16.41	—	$3,003
May 1995	0	858	17.56	—	$0
Apr 1995	0	517	17.73	—	$0
Mar 1995	180	723	16.44	—	$2,959
Feb 1995	0	651	16.58	—	$0
Jan 1995	0	724	15.92	—	$0
Dec 1994	146	735	15.03	—	$2,194
Nov 1994	0	895	15.90	—	$0
Oct 1994	143	772	15.58	—	$2,228
Sep 1994	0	766	15.29	—	$0
Aug 1994	147	826	16.13	—	$2,371
Jul 1994	0	839	17.56	—	$0
Jun 1994	154	747	17.09	—	$2,632
May 1994	0	802	15.88	—	$0
Apr 1994	164	797	14.14	—	$2,319
Mar 1994	0	783	12.46	—	$0
Feb 1994	177	744	12.50	—	$2,213
Jan 1994	0	808	12.66	—	$0
Dec 1993	356	907	12.33	—	$4,389
Nov 1993	0	837	14.49	—	$0
Oct 1993	0	930	15.85	—	$0
Sep 1993	0	869	15.03	—	$0
Aug 1993	0	973	15.66	—	$0
Jul 1993	147	902	15.46	—	$2,273
Jun 1993	153	784	16.79	—	$2,569
May 1993	0	789	17.68	—	$0
Apr 1993	0	746	18.05	—	$0
Mar 1993	159	818	18.14	—	$2,884
Feb 1993	0	691	17.90	—	$0
Jan 1993	164	708	16.93	—	$2,777

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.

Aug 2013 — as filed, then multipliedworked

Oil                  126 bbl  × $104.25 =    $13,136
Casinghead gas         0 Mcf  × $  3.52 =         $0

────────────────────────────────────────────────────
Month total                                  $13,136

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/18960 is the state's own key, not one this site invented.