GRAHAM, M. K. 2907

Operated by DALLAS PRODUCTION, INC. (P-5 197690) in the SAYED (CONGLOMERATE, UP.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18966District 09Field 81325500OilCasinghead gasSaveExport
Value, all time
$57 k
Jan 1993 – Jul 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
331
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 7 leases and 11 wells, and the rule below applies to all of them.

Discovered
1974-05-21
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: ALLOCATION FORMULA EFF. 1-1-80 PER AMENDMENT TO SWR 28 & 29

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
OilDisposition1,944 bbl$42,753
Casinghead gasProduction23,994 Mcf$14,160
Total$56,913

19,514 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 (2)

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 33.0732, -98.8782. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

33.07321, -98.87820 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
4,283 ft
2 wells filed one
Completion to plug
24.6 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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 4,275 and 4,291 ft, median 4,283 ft, over the 2 wells that filed a depth.

Completions filed
Jul 1978 – Dec 1978
2 of 2 wells
Plug dates filed
May 1986 – Mar 2020
2 of 2 wells

Last completion to plug: a median of 24.6 years across the 2 wells that filed both dates, with the middle half between 16.2 years and 32.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-5033287034,291 ftDec 1978Mar 2020Yes
42-5033270524,275 ftJul 1978May 1986Yes

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 (331)

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

331 months

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 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
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 20120086.773.42$0
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 2011520105.964.33$5,510
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 2009116054.743.93$6,350
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 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20061060.085.04$60
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
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 20042049.706.52$99
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20042036.106.43$72
May 200402537.486.49$162
Apr 200402234.475.86$129
Mar 200402234.365.53$122
Feb 200402032.455.51$110
Jan 200402432.036.30$151
Dec 20030030.266.30$0
Nov 200302228.804.60$101
Oct 200302128.174.76$100
Sep 200302026.314.75$95
Aug 200302529.765.13$128
Jul 200302429.415.17$124
Jun 20030028.565.98$0
May 200302526.595.97$149
Apr 200302926.675.41$157
Mar 200302231.146.10$134
Feb 20030033.487.93$0
Jan 200302930.315.58$162
Dec 200203926.914.85$189
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 200202723.653.51$95
Mar 200203822.003.10$118
Feb 200203618.222.38$86
Jan 200204717.172.38$112
Dec 200103316.932.36$78
Nov 200101718.072.41$41
Oct 200104819.782.53$121
Sep 200102124.262.25$47
Aug 200108324.873.05$253
Jul 200108423.933.20$269
Jun 200105424.563.82$207
May 200106425.524.31$276
Apr 200104424.685.34$235
Mar 200106024.545.38$323
Feb 200106027.755.77$346
Jan 200104227.478.40$353
Dec 200006726.889.12$611
Nov 200003932.215.66$221
Oct 200009831.235.15$504
Sep 200007631.875.19$394
Aug 200006929.644.54$313
Jul 200001828.534.09$74
Jun 20000029.304.40$0
May 20000927.263.68$33
Apr 200006924.513.12$215
Mar 200002528.422.86$71
Feb 200006527.622.73$177
Jan 200008425.272.48$208
Dec 199908224.282.42$199
Nov 199906023.192.43$146
Oct 199906420.982.80$179
Sep 199903121.752.62$81
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 1999011612.471.84$213
Feb 199901049.981.82$189
Jan 199909010.381.90$171
Dec 19980759.201.77$133
Nov 199809310.892.19$203
Oct 199801612.421.97$32
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 199805011.742.24$112
Jun 199806711.242.24$150
May 1998012512.622.21$276
Apr 199802213.042.51$55
Mar 199803212.802.31$74
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 199703416.322.41$82
Nov 19970018.193.09$0
Oct 199702419.253.15$76
Sep 19970017.742.95$0
Aug 199702817.862.55$72
Jul 19970917.582.25$20
Jun 199705617.242.26$126
May 1997014118.972.31$326
Apr 1997033117.882.08$689
Mar 19974839418.951.94$1,674
Feb 1997033320.492.21$735
Jan 1997035723.483.54$1,264
Dec 199618730823.32$4,361
Nov 1996036021.97$0
Oct 1996035823.31$0
Sep 1996017422.22$0
Aug 1996024520.26$0
Jul 1996030719.55$0
Jun 1996040718.73$0
May 1996043019.43$0
Apr 1996037221.51$0
Mar 1996040619.38$0
Feb 1996025116.98$0
Jan 1996024317.07$0
Dec 199514236717.19$2,441
Nov 1995043516.00$0
Oct 1995036915.43$0
Sep 1995032116.18$0
Aug 1995053315.92$0
Jul 1995048815.24$0
Jun 199534124416.41$5,596
May 1995032617.56$0
Apr 1995028317.73$0
Mar 1995024916.44$0
Feb 1995023916.58$0
Jan 1995040315.92$0
Dec 1994051815.03$0
Nov 1994045615.90$0
Oct 1994052615.58$0
Sep 1994041615.29$0
Aug 1994045016.13$0
Jul 1994036117.56$0
Jun 199439946417.09$6,819
May 1994037915.88$0
Apr 1994040414.14$0
Mar 1994040412.46$0
Feb 19947038612.50$875
Jan 1994041112.66$0
Dec 1993050412.33$0
Nov 1993043614.49$0
Oct 1993050815.85$0
Sep 1993060215.03$0
Aug 199317769915.66$2,772
Jul 19939660115.46$1,484
Jun 1993069716.79$0
May 1993055617.68$0
Apr 199312419518.05$2,238
Mar 1993040718.14$0
Feb 1993043617.90$0
Jan 199318758016.93$3,166

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.

Apr 2011 — as filed, then multipliedworked
Oil                   52 bbl  × $105.96 =     $5,510
Casinghead gas         0 Mcf  × $  4.33 =         $0

────────────────────────────────────────────────────
Month total                                   $5,510

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/18966 is the state's own key, not one this site invented.