PIKE-DAVIS #1

Operated by GRAYSON PETROLEUM COMPANY (P-5 328325) in the SANDUSKY, WEST (STRAWN NORTH) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 28803District 09Field 80631540OilCasinghead gasSaveExport
Value, all time
$4.0 M
Jun 1994 – May 2026
Value, last 12 filed months
$83 k
at the published price for each month
Months reported
384
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 7 wells, and the rule below applies to all of them.

Discovered
1957-03-08
as the register files it
Field class
Oil
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
OilDisposition87,781 bbl$3,971,663
Casinghead gasProduction4 Mcf$0
Total$3,971,663

4 Mcf of this lease's gas, across 4 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 33.7219, -96.9344. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.72187, -96.93442 · 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
0.0%
0 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
6,285 ft
1 wells filed one
Completion to plug
1 well filed both, dated out of order

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
1100.0%
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 6,285 ft.

Completions filed
Jun 1994
1 of 1 wells
Plug dates filed
Feb 1988
1 of 1 wells

Last completion to plug: no median is published. 1 well on this lease filed both dates, and on that one the last completion is dated after the plug date, so there is no interval to take a median of. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1813120716,285 ftJun 1994Feb 1988

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 (384)

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

384 months

May 202600106.413.05$0
Apr 2026182098.932.87$18,005
Mar 20260089.753.15$0
Feb 2026174063.503.75$11,049
Jan 20260059.138.00$0
Dec 2025182056.664.41$10,312
Nov 2025168058.593.93$9,843
Oct 20250059.383.30$0
Sep 2025169062.743.08$10,603
Aug 20250063.933.01$0
Jul 2025178066.743.32$11,880
Jun 2025169066.483.13$11,235
May 20250060.553.23$0
Apr 2025167062.363.54$10,414
Mar 2025168067.704.27$11,374
Feb 20250070.884.34$0
Jan 2025164074.324.28$12,188
Dec 2024167068.993.12$11,521
Nov 20240069.052.20$0
Oct 2024170071.372.28$12,133
Sep 20240069.612.36$0
Aug 2024165075.632.06$12,479
Jul 2024160079.932.15$12,789
Jun 20240078.082.63$0
May 2024169078.812.20$13,319
Apr 2024161084.451.66$13,596
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 2024180073.023.30$13,144
Dec 2023179071.262.61$12,756
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 2023167089.042.74$14,870
Aug 2023160080.522.67$12,883
Jul 2023165074.852.64$12,350
Jun 20230068.962.26$0
May 2023167070.622.23$11,794
Apr 20230078.122.24$0
Mar 2023161072.852.39$11,729
Feb 20230075.112.47$0
Jan 2023161076.533.39$12,321
Dec 2022157076.415.73$11,996
Nov 2022162085.005.65$13,770
Oct 20220087.185.86$0
Sep 2022161084.888.16$13,666
Aug 2022164094.529.13$15,501
Jul 202200101.587.54$0
Jun 20221630115.097.98$18,760
May 202200109.378.43$0
Apr 20221600104.226.84$16,675
Mar 20221600108.885.08$17,421
Feb 20220091.054.86$0
Jan 2022152081.844.54$12,440
Dec 20210071.323.90$0
Nov 2021168077.435.24$13,008
Oct 2021166079.795.71$13,245
Sep 2021166069.865.35$11,597
Aug 20210066.024.22$0
Jul 2021163070.783.98$11,537
Jun 2021166069.493.38$11,535
May 20210063.483.02$0
Apr 2021167060.362.76$10,080
Mar 2021161061.302.72$9,869
Feb 20210057.805.55$0
Jan 2021168050.412.81$8,469
Dec 2020174044.642.68$7,767
Nov 2020168038.772.71$6,513
Oct 20200036.972.48$0
Sep 2020157037.091.99$5,823
Aug 2020156039.982.39$6,237
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 2020158016.921.81$2,673
Apr 20200014.751.80$0
Mar 2020166030.341.86$5,036
Feb 20200049.881.98$0
Jan 2020159057.252.09$9,103
Dec 2019160059.012.30$9,442
Nov 20190055.302.75$0
Oct 2019170053.472.42$9,090
Sep 20190055.052.66$0
Aug 2019168053.112.30$8,922
Jul 2019155056.272.46$8,722
Jun 20190052.782.49$0
May 2019176058.482.74$10,292
Apr 2019168062.632.75$10,522
Mar 20190056.803.06$0
Feb 2019157050.852.79$7,983
Jan 2019141046.033.23$6,490
Dec 20180046.594.19$0
Nov 2018172052.934.24$9,104
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 2018163059.403.07$9,682
Jul 20180065.142.93$0
Jun 2018151060.183.08$9,087
May 2018163065.382.90$10,657
Apr 20180063.842.90$0
Mar 2018175061.222.79$10,714
Feb 2018163061.782.77$10,070
Jan 20180062.874.01$0
Dec 2017138057.272.92$7,903
Nov 2017160055.423.12$8,867
Oct 2017166049.292.98$8,182
Sep 20170047.523.09$0
Aug 2017150045.373.00$6,806
Jul 2017168043.873.09$7,370
Jun 2017154042.493.09$6,543
May 2017156045.373.26$7,078
Apr 2017149047.933.21$7,142
Mar 20170046.772.98$0
Feb 2017175050.452.95$8,829
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 2016174042.492.64$7,393
Oct 2016178046.193.09$8,222
Sep 2016160041.553.10$6,648
Aug 2016185041.442.92$7,666
Jul 20160041.622.92$0
Jun 2016181045.352.69$8,208
May 2016176042.521.99$7,484
Apr 20160036.561.99$0
Mar 2016169033.011.79$5,579
Feb 2016155026.472.06$4,103
Jan 2016160027.352.36$4,376
Dec 2015159032.362.00$5,145
Nov 2015158038.792.17$6,129
Oct 2015164043.552.43$7,142
Sep 2015171042.992.76$7,351
Aug 2015168040.162.87$6,747
Jul 20150048.152.95$0
Jun 2015159056.152.88$8,928
May 2015163055.212.96$8,999
Apr 2015155049.822.71$7,722
Mar 20150042.892.93$0
Feb 2015168044.662.98$7,503
Jan 2015174043.433.10$7,557
Dec 2014157054.693.59$8,586
Nov 20140070.464.25$0
Oct 2014157078.303.90$12,293
Sep 2014158086.164.05$13,613
Aug 2014169089.394.04$15,107
Jul 2014159096.564.18$15,353
Jun 20140098.164.74$0
May 2014153094.734.73$14,494
Apr 2014159095.944.81$15,254
Mar 2014166095.895.06$15,918
Feb 2014166097.406.19$16,168
Jan 2014159090.404.86$14,374
Dec 2013176091.824.35$16,160
Nov 20130088.853.74$0
Oct 2013170097.423.78$16,561
Sep 20131670104.113.72$17,386
Aug 20131540104.253.52$16,055
Jul 20131710102.523.72$17,531
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 2013180093.964.28$16,913
Mar 2013157093.623.91$14,698
Feb 2013154091.233.42$14,049
Jan 2013151091.603.42$13,832
Dec 20120086.773.42$0
Nov 2012161086.953.62$13,999
Oct 2012153089.383.40$13,675
Sep 2012177094.672.92$16,757
Aug 2012177092.662.91$16,401
Jul 2012163085.133.02$13,876
Jun 2012158079.822.52$12,612
May 2012160091.612.49$14,658
Apr 20121680101.652.00$17,077
Mar 20121550105.052.22$16,283
Feb 20121600101.102.57$16,176
Jan 2012168098.092.73$16,479
Dec 20110096.873.24$0
Nov 2011145095.723.31$13,879
Oct 2011146084.983.65$12,407
Sep 2011152083.623.99$12,710
Aug 2011150083.404.15$12,510
Jul 2011150094.144.52$14,121
Jun 2011145092.904.64$13,471
May 2011301098.134.40$29,537
Apr 20111430105.964.33$15,152
Mar 2011147096.364.06$14,165
Feb 2011148085.644.18$12,675
Jan 2011152086.504.59$13,148
Dec 2010290085.734.35$24,862
Nov 20100080.843.80$0
Oct 2010160078.103.51$12,496
Sep 2010311072.633.98$22,588
Aug 2010149073.684.42$10,978
Jul 2010156072.554.74$11,318
Jun 20100070.364.91$0
May 2010304071.124.24$21,620
Apr 20100081.694.12$0
Mar 2010314078.394.39$24,614
Feb 20100073.585.44$0
Jan 2010318074.365.96$23,646
Dec 2009157071.445.48$11,216
Nov 2009159074.593.75$11,860
Oct 2009157072.544.11$11,389
Sep 2009155065.543.06$10,159
Aug 2009154067.423.22$10,383
Jul 2009159061.133.46$9,720
Jun 2009316066.163.90$20,907
May 2009158054.743.93$8,649
Apr 2009158046.773.59$7,390
Mar 2009162042.144.06$6,827
Feb 2009322032.814.63$10,565
Jan 2009153035.865.37$5,487
Dec 2008155037.105.98$5,751
Nov 2008156055.496.86$8,656
Oct 2008148075.246.92$11,136
Sep 20083170101.767.88$32,258
Aug 20083200114.228.48$36,550
Jul 20084350131.0811.39$57,020
Jun 20081600131.3313.03$21,013
May 20083260123.1711.57$40,153
Apr 20083330110.3110.45$36,733
Mar 20081430101.909.66$14,572
Feb 2008329092.538.77$30,442
Jan 2008354090.388.21$31,995
Dec 2007359088.337.30$31,710
Nov 2007157091.677.29$14,392
Oct 2007485082.856.92$40,182
Sep 2007310075.846.24$23,510
Aug 2007325069.066.39$22,445
Jul 2007319070.906.39$22,617
Jun 2007312062.007.55$19,344
May 2007496058.747.85$29,135
Apr 2007164059.617.81$9,776
Mar 2007510056.927.30$29,029
Feb 2007162055.108.22$8,926
Jan 2007527050.306.73$26,508
Dec 2006364056.656.92$20,621
Nov 2006364054.207.62$19,729
Oct 2006188054.906.01$10,321
Sep 2006383060.085.04$23,011
Aug 2006369068.717.34$25,354
Jul 2006193069.376.34$13,388
Jun 2006550066.286.38$36,454
May 2006383066.016.42$25,282
Apr 2006309064.397.36$19,897
Mar 2006359056.707.08$20,355
Feb 2006364057.597.75$20,963
Jan 2006362060.598.93$21,934
Dec 2005375054.9413.42$20,603
Nov 2005377054.6910.59$20,618
Oct 2005379058.3413.80$22,111
Sep 2005355061.4512.08$21,815
Aug 2005558061.519.80$34,323
Jul 2005352055.697.84$19,603
Jun 2005179052.337.38$9,367
May 2005549045.226.65$24,826
Apr 2005344049.207.36$16,925
Mar 2005519050.377.15$26,142
Feb 2005347045.226.31$15,691
Jan 2005350043.166.32$15,106
Dec 2004532039.866.75$21,206
Nov 2004497045.286.33$22,504
Oct 2004359049.706.52$17,842
Sep 2004525043.245.28$22,701
Aug 2004518042.375.55$21,948
Jul 2004372038.286.08$14,240
Jun 2004359036.106.43$12,960
May 2004547037.486.49$20,502
Apr 2004340034.475.86$11,720
Mar 2004514034.365.53$17,661
Feb 2004562032.455.51$18,237
Jan 2004361032.036.30$11,563
Dec 2003754030.266.30$22,816
Nov 2003366028.804.60$10,541
Oct 2003545028.174.76$15,353
Sep 2003381026.314.75$10,024
Aug 2003534029.765.13$15,892
Jul 2003529029.415.17$15,558
Jun 2003541028.565.98$15,451
May 2003550026.595.97$14,625
Apr 2003529026.675.41$14,108
Mar 2003566031.146.10$17,625
Feb 2003351033.487.93$11,751
Jan 2003535030.315.58$16,216
Dec 2002331026.914.85$8,907
Nov 2002510024.664.14$12,577
Oct 2002668026.464.23$17,675
Sep 2002345027.443.64$9,467
Aug 2002501025.963.16$13,006
Jul 2002678024.583.06$16,665
Jun 2002516023.733.34$12,245
May 2002506024.663.58$12,478
Apr 2002504023.653.51$11,920
Mar 2002500022.003.10$11,000
Feb 2002508018.222.38$9,256
Jan 2002487017.172.38$8,362
Dec 2001345016.932.36$5,841
Nov 2001513018.072.41$9,270
Oct 2001509019.782.53$10,068
Sep 2001338024.262.25$8,200
Aug 2001505024.873.05$12,559
Jul 2001497023.933.20$11,893
Jun 2001481024.563.82$11,813
May 2001504025.524.31$12,862
Apr 2001336024.685.34$8,292
Mar 2001337024.545.38$8,270
Feb 2001513027.755.77$14,236
Jan 2001193027.478.40$5,302
Dec 2000337026.889.12$9,059
Nov 2000195032.215.66$6,281
Oct 2000346031.235.15$10,806
Sep 2000344031.875.19$10,963
Aug 2000335029.644.54$9,929
Jul 2000361028.534.09$10,299
Jun 2000167029.304.40$4,893
May 2000348027.263.68$9,486
Apr 2000334024.513.12$8,186
Mar 2000172028.422.86$4,888
Feb 2000356027.622.73$9,833
Jan 2000354025.272.48$8,946
Dec 1999188024.282.42$4,565
Nov 1999188023.192.43$4,360
Oct 1999364020.982.80$7,637
Sep 1999334021.752.62$7,265
Aug 1999180019.262.88$3,467
Jul 1999353017.892.37$6,315
Jun 1999180015.942.36$2,869
May 1999338015.792.32$5,337
Apr 1999180015.102.21$2,718
Mar 1999360012.471.84$4,489
Feb 199936209.981.82$3,613
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 1998168010.892.19$1,830
Oct 1998356012.421.97$4,422
Sep 1998163012.592.08$2,052
Aug 1998325011.301.91$3,673
Jul 1998180011.742.24$2,113
Jun 1998379011.242.24$4,260
May 1998199012.622.21$2,511
Apr 1998167013.042.51$2,178
Mar 1998357012.802.31$4,570
Feb 1998182013.952.30$2,539
Jan 1998360014.702.15$5,292
Dec 1997176016.322.41$2,872
Nov 1997183018.193.09$3,329
Oct 1997362019.253.15$6,969
Sep 1997187017.742.95$3,317
Aug 1997373017.862.55$6,662
Jul 1997376017.582.25$6,610
Jun 1997185017.242.26$3,189
May 1997373018.972.31$7,076
Apr 19970017.882.08$0
Mar 1997382018.951.94$7,239
Feb 1997194020.492.21$3,975
Jan 1997194023.483.54$4,555
Dec 1996383023.32$8,932
Nov 1996188021.97$4,130
Oct 1996178023.31$4,149
Sep 1996368022.22$8,177
Aug 1996177020.26$3,586
Jul 1996371019.55$7,253
Jun 1996192018.73$3,596
May 1996369019.43$7,170
Apr 1996172021.51$3,700
Mar 1996368019.38$7,132
Feb 1996190016.98$3,226
Jan 1996380017.07$6,487
Dec 1995190017.19$3,266
Nov 1995389016.00$6,224
Oct 1995389015.43$6,002
Sep 1995173016.18$2,799
Aug 1995415015.92$6,607
Jul 1995374015.24$5,700
Jun 1995192016.41$3,151
May 1995541017.56$9,500
Apr 1995370017.73$6,560
Mar 1995186016.44$3,058
Feb 1995174016.58$2,885
Jan 1995394015.92$6,272
Dec 1994552015.03$8,297
Nov 1994368015.90$5,851
Oct 1994547015.58$8,522
Sep 1994540115.29$8,257
Aug 1994725116.13$11,694
Jul 1994742117.56$13,030
Jun 1994177117.09$3,025

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 2026 — as filed, then multipliedworked
Oil                  182 bbl  × $ 98.93 =    $18,005
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                  $18,005

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/28803 is the state's own key, not one this site invented.