GRACE

Operated by GUINN INVESTMENTS, INC. (P-5 337485) 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 29756District 09Field 99480001OilCasinghead gasSaveExport
Value, all time
$222 k
May 2000 – Oct 2013
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
162
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
OilDisposition2,103 bbl$77,510
Casinghead gasProduction26,774 Mcf$144,716
Total$222,226

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 33.2048, -98.5846. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.20478, -98.58456 · 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
4,819 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
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 4,819 ft.

Plug dates filed
Apr 2013
1 of 1 wells

1 well

42-5034098414,819 ftApr 2013Yes

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 (162)

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

162 months

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 201367093.964.28$6,295
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 201102294.144.52$99
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 201004785.734.35$204
Nov 201004580.843.80$171
Oct 201002378.103.51$81
Sep 201001072.633.98$40
Aug 201005373.684.42$234
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20103081.694.12$245
Mar 201005678.394.39$246
Feb 201005773.585.44$310
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 2009010774.593.75$401
Oct 20090072.544.11$0
Sep 20090865.543.06$25
Aug 20091549567.423.22$10,688
Jul 200902661.133.46$90
Jun 200906166.163.90$238
May 2009030454.743.93$1,193
Apr 200907046.773.59$251
Mar 200906742.144.06$272
Feb 200908732.814.63$403
Jan 2009010435.865.37$559
Dec 20080037.105.98$0
Nov 2008026455.496.86$1,811
Oct 200802375.246.92$159
Sep 2008030101.767.88$236
Aug 2008019114.228.48$161
Jul 20080156131.0811.39$1,777
Jun 2008091131.3313.03$1,186
May 200809123.1711.57$104
Apr 2008046110.3110.45$481
Mar 2008038101.909.66$367
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 200702188.337.30$153
Nov 200706791.677.29$489
Oct 200705782.856.92$395
Sep 200705475.846.24$337
Aug 200703769.066.39$236
Jul 2007015370.906.39$977
Jun 2007017062.007.55$1,283
May 200706958.747.85$541
Apr 20070059.617.81$0
Mar 2007020756.927.30$1,512
Feb 2007011255.108.22$920
Jan 20070050.306.73$0
Dec 200609956.656.92$685
Nov 200616617854.207.62$10,353
Oct 2006046654.906.01$2,802
Sep 2006029060.085.04$1,461
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 200601766.016.42$109
Apr 2006012064.397.36$883
Mar 2006020356.707.08$1,438
Feb 2006017257.597.75$1,333
Jan 2006019460.598.93$1,733
Dec 2005012154.9413.42$1,623
Nov 2005029954.6910.59$3,166
Oct 200505758.3413.80$786
Sep 2005013661.4512.08$1,643
Aug 20059716461.519.80$7,573
Jul 2005029155.697.84$2,283
Jun 200502252.337.38$162
May 2005029945.226.65$1,989
Apr 200509849.207.36$721
Mar 200503450.377.15$243
Feb 2005021645.226.31$1,363
Jan 2005028543.166.32$1,802
Dec 200414741739.866.75$8,675
Nov 200405145.286.33$323
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 200404742.375.55$261
Jul 200403138.286.08$189
Jun 200406236.106.43$399
May 200405837.486.49$377
Apr 20043111034.475.86$1,713
Mar 2004026534.365.53$1,465
Feb 2004018032.455.51$992
Jan 2004021832.036.30$1,373
Dec 20030030.266.30$0
Nov 2003027128.804.60$1,245
Oct 200310977028.174.76$6,735
Sep 200305526.314.75$261
Aug 2003042829.765.13$2,196
Jul 200306429.415.17$331
Jun 20030028.565.98$0
May 2003012826.595.97$765
Apr 2003066626.675.41$3,601
Mar 20039953431.146.10$6,338
Feb 2003080433.487.93$6,372
Jan 2003060930.315.58$3,399
Dec 2002027026.914.85$1,311
Nov 20028967524.664.14$4,987
Oct 2002058726.464.23$2,482
Sep 2002061827.443.64$2,247
Aug 20028295025.963.16$5,135
Jul 2002029624.583.06$906
Jun 20023269523.733.34$3,079
May 2002025524.663.58$914
Apr 20029848923.653.51$4,035
Mar 2002027922.003.10$866
Feb 2002023418.222.38$556
Jan 20028045217.172.38$2,447
Dec 2001030516.932.36$721
Nov 20010018.072.41$0
Oct 2001035019.782.53$885
Sep 20016658224.262.25$2,911
Aug 2001058524.873.05$1,786
Jul 20018699023.933.20$5,223
Jun 2001069624.563.82$2,662
May 20013455825.524.31$3,271
Apr 20019352224.685.34$5,080
Mar 2001023724.545.38$1,274
Feb 2001012427.755.77$715
Jan 200112582127.478.40$10,329
Dec 2000090926.889.12$8,292
Nov 20006293532.215.66$7,287
Oct 20007192031.235.15$6,951
Sep 2000784631.875.19$2,724
Aug 2000146029.644.54$4,327
Jul 200066028.534.09$1,883
Jun 20001029.304.40$29
May 200021027.263.68$572

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 2013 — as filed, then multipliedworked
Oil                   67 bbl  × $ 93.96 =     $6,295
Casinghead gas         0 Mcf  × $  4.28 =         $0

────────────────────────────────────────────────────
Month total                                   $6,295

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/29756 is the state's own key, not one this site invented.