GRACE

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

Operated by REPUBLIC ENERGY INC. (P-5 702645) in the WEILER (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 26987District 09Field 95928333OilCasinghead gasSave Export

Value, all time

$251 k

Jan 1993 – Oct 2006

Value, last 12 filed months

$17 k

at the published price for each month

Months reported

166

no gaps in the span

Streams

oil, casinghead gas

The WEILER (MARBLE FALLS) field

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 18 leases and 26 wells, and the rule below applies to all of them.

Discovered

1966-05-31

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,320 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 80 acres.

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	1,909 bbl	$34,888
Casinghead gas	Production	162,001 Mcf	$215,770
Total			$250,659

105,026 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 33.2716, -97.9448. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.27156, -97.94480 · 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%

1 of 1 wells

With a plug date

0.0%

0 of 1 wells

Median depth

5,898 ft

1 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

00.0%

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

00.0%

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 5,898 ft.

Completions filed

Feb 1988

1 of 1 wells

1 well


42-23737451	1	5,898 ft	Feb 1988	—	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 (166)

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

166 months


Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	1	0	68.71	7.34	$69
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	286	66.01	6.42	$1,838
Apr 2006	0	276	64.39	7.36	$2,031
Mar 2006	0	282	56.70	7.08	$1,997
Feb 2006	0	248	57.59	7.75	$1,922
Jan 2006	0	279	60.59	8.93	$2,492
Dec 2005	0	279	54.94	13.42	$3,743
Nov 2005	0	272	54.69	10.59	$2,880
Oct 2005	0	282	58.34	13.80	$3,890
Sep 2005	0	276	61.45	12.08	$3,334
Aug 2005	0	287	61.51	9.80	$2,812
Jul 2005	0	290	55.69	7.84	$2,275
Jun 2005	0	284	52.33	7.38	$2,096
May 2005	0	293	45.22	6.65	$1,949
Apr 2005	0	283	49.20	7.36	$2,083
Mar 2005	0	293	50.37	7.15	$2,096
Feb 2005	0	268	45.22	6.31	$1,692
Jan 2005	0	302	43.16	6.32	$1,909
Dec 2004	0	300	39.86	6.75	$2,025
Nov 2004	0	295	45.28	6.33	$1,867
Oct 2004	0	308	49.70	6.52	$2,007
Sep 2004	0	306	43.24	5.28	$1,617
Aug 2004	0	320	42.37	5.55	$1,776
Jul 2004	0	330	38.28	6.08	$2,008
Jun 2004	0	317	36.10	6.43	$2,039
May 2004	0	331	37.48	6.49	$2,150
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	330	34.36	5.53	$1,825
Feb 2004	0	302	32.45	5.51	$1,664
Jan 2004	0	329	32.03	6.30	$2,073
Dec 2003	0	332	30.26	6.30	$2,092
Nov 2003	0	333	28.80	4.60	$1,530
Oct 2003	0	347	28.17	4.76	$1,652
Sep 2003	0	340	26.31	4.75	$1,615
Aug 2003	0	349	29.76	5.13	$1,790
Jul 2003	10	355	29.41	5.17	$2,130
Jun 2003	0	329	28.56	5.98	$1,968
May 2003	0	339	26.59	5.97	$2,025
Apr 2003	0	341	26.67	5.41	$1,844
Mar 2003	0	384	31.14	6.10	$2,341
Feb 2003	0	316	33.48	7.93	$2,505
Jan 2003	0	335	30.31	5.58	$1,870
Dec 2002	0	333	26.91	4.85	$1,616
Nov 2002	0	356	24.66	4.14	$1,473
Oct 2002	0	441	26.46	4.23	$1,865
Sep 2002	10	455	27.44	3.64	$1,928
Aug 2002	0	465	25.96	3.16	$1,471
Jul 2002	0	458	24.58	3.06	$1,402
Jun 2002	0	449	23.73	3.34	$1,499
May 2002	0	495	24.66	3.58	$1,774
Apr 2002	0	361	23.65	3.51	$1,268
Mar 2002	0	444	22.00	3.10	$1,378
Feb 2002	0	318	18.22	2.38	$755
Jan 2002	0	290	17.17	2.38	$689
Dec 2001	10	345	16.93	2.36	$985
Nov 2001	0	410	18.07	2.41	$986
Oct 2001	0	420	19.78	2.53	$1,062
Sep 2001	0	391	24.26	2.25	$880
Aug 2001	0	391	24.87	3.05	$1,194
Jul 2001	0	372	23.93	3.20	$1,189
Jun 2001	0	383	24.56	3.82	$1,465
May 2001	0	392	25.52	4.31	$1,688
Apr 2001	0	379	24.68	5.34	$2,022
Mar 2001	0	391	24.54	5.38	$2,102
Feb 2001	10	296	27.75	5.77	$1,985
Jan 2001	0	386	27.47	8.40	$3,242
Dec 2000	0	374	26.88	9.12	$3,412
Nov 2000	0	392	32.21	5.66	$2,218
Oct 2000	0	384	31.23	5.15	$1,976
Sep 2000	0	402	31.87	5.19	$2,085
Aug 2000	0	426	29.64	4.54	$1,934
Jul 2000	0	484	28.53	4.09	$1,979
Jun 2000	0	382	29.30	4.40	$1,680
May 2000	0	490	27.26	3.68	$1,803
Apr 2000	0	536	24.51	3.12	$1,670
Mar 2000	167	566	28.42	2.86	$6,365
Feb 2000	0	576	27.62	2.73	$1,570
Jan 2000	0	537	25.27	2.48	$1,332
Dec 1999	0	609	24.28	2.42	$1,476
Nov 1999	0	581	23.19	2.43	$1,414
Oct 1999	0	584	20.98	2.80	$1,637
Sep 1999	0	547	21.75	2.62	$1,433
Aug 1999	0	453	19.26	2.88	$1,303
Jul 1999	0	70	17.89	2.37	$166
Jun 1999	0	165	15.94	2.36	$390
May 1999	4	326	15.79	2.32	$820
Apr 1999	0	141	15.10	2.21	$311
Mar 1999	0	74	12.47	1.84	$136
Feb 1999	0	0	9.98	1.82	$0
Jan 1999	0	9	10.38	1.90	$17
Dec 1998	0	504	9.20	1.77	$894
Nov 1998	0	204	10.89	2.19	$446
Oct 1998	0	678	12.42	1.97	$1,335
Sep 1998	0	1,180	12.59	2.08	$2,457
Aug 1998	0	1,219	11.30	1.91	$2,325
Jul 1998	0	1,199	11.74	2.24	$2,682
Jun 1998	0	1,010	11.24	2.24	$2,260
May 1998	0	1,191	12.62	2.21	$2,628
Apr 1998	76	1,235	13.04	2.51	$4,085
Mar 1998	0	1,028	12.80	2.31	$2,374
Feb 1998	0	1,274	13.95	2.30	$2,929
Jan 1998	0	1,001	14.70	2.15	$2,157
Dec 1997	0	737	16.32	2.41	$1,777
Nov 1997	76	1,198	18.19	3.09	$5,082
Oct 1997	0	1,502	19.25	3.15	$4,731
Sep 1997	0	598	17.74	2.95	$1,767
Aug 1997	0	1,383	17.86	2.55	$3,533
Jul 1997	0	1,032	17.58	2.25	$2,319
Jun 1997	0	440	17.24	2.26	$993
May 1997	0	1,505	18.97	2.31	$3,474
Apr 1997	0	950	17.88	2.08	$1,979
Mar 1997	79	1,551	18.95	1.94	$4,505
Feb 1997	0	1,560	20.49	2.21	$3,441
Jan 1997	0	1,919	23.48	3.54	$6,793
Dec 1996	161	1,796	23.32	—	$3,755
Nov 1996	0	2,120	21.97	—	$0
Oct 1996	0	1,363	23.31	—	$0
Sep 1996	0	269	22.22	—	$0
Aug 1996	0	1,631	20.26	—	$0
Jul 1996	0	1,917	19.55	—	$0
Jun 1996	193	1,269	18.73	—	$3,615
May 1996	0	1,754	19.43	—	$0
Apr 1996	2	1,510	21.51	—	$43
Mar 1996	0	1,569	19.38	—	$0
Feb 1996	2	1,741	16.98	—	$34
Jan 1996	0	1,875	17.07	—	$0
Dec 1995	0	1,544	17.19	—	$0
Nov 1995	0	2,186	16.00	—	$0
Oct 1995	0	3,086	15.43	—	$0
Sep 1995	0	1,715	16.18	—	$0
Aug 1995	92	2,001	15.92	—	$1,465
Jul 1995	0	2,059	15.24	—	$0
Jun 1995	0	2,091	16.41	—	$0
May 1995	0	2,258	17.56	—	$0
Apr 1995	0	2,164	17.73	—	$0
Mar 1995	172	2,351	16.44	—	$2,828
Feb 1995	0	1,499	16.58	—	$0
Jan 1995	1	2,717	15.92	—	$16
Dec 1994	0	2,504	15.03	—	$0
Nov 1994	0	2,210	15.90	—	$0
Oct 1994	107	2,538	15.58	—	$1,667
Sep 1994	2	2,651	15.29	—	$31
Aug 1994	0	2,604	16.13	—	$0
Jul 1994	0	2,440	17.56	—	$0
Jun 1994	26	1,734	17.09	—	$444
May 1994	167	2,178	15.88	—	$2,652
Apr 1994	0	2,268	14.14	—	$0
Mar 1994	0	2,037	12.46	—	$0
Feb 1994	0	1,882	12.50	—	$0
Jan 1994	125	2,461	12.66	—	$1,583
Dec 1993	0	3,000	12.33	—	$0
Nov 1993	0	2,453	14.49	—	$0
Oct 1993	0	1,098	15.85	—	$0
Sep 1993	76	1,878	15.03	—	$1,142
Aug 1993	0	2,453	15.66	—	$0
Jul 1993	109	2,766	15.46	—	$1,685
Jun 1993	0	3,174	16.79	—	$0
May 1993	0	3,119	17.68	—	$0
Apr 1993	0	2,931	18.05	—	$0
Mar 1993	130	3,097	18.14	—	$2,358
Feb 1993	101	3,358	17.90	—	$1,808
Jan 1993	0	3,707	16.93	—	$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.

Aug 2006 — as filed, then multipliedworked

Oil                    1 bbl  × $ 68.71 =        $69
Casinghead gas         0 Mcf  × $  7.34 =         $0

────────────────────────────────────────────────────
Month total                                      $69

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/26987 is the state's own key, not one this site invented.