GRAY

Name: GRAY lease production and value, Aug 1998 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by STRAT LAND EXPLORATION COMPANY (P-5 825420) in the TROSPER (MORROW LOWER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 170709District 10Field 914645002 tax incentive programmesGasSave Export

Value, all time

$6.8 M

Aug 1998 – Feb 2014

Value, last 12 filed months

at the published price for each month

Months reported

187

no gaps in the span

Streams

gas

The TROSPER (MORROW LOWER) 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 17 leases and 17 wells, and the rule below applies to all of them.

Discovered

1969-07-01

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

660 ft

minimum

A drilling unit in this field needs at least 320 acres.

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 09/01/1999.”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2004-02-11	155336
NGPA	1	none	—	—

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
Gas	Production	1,616,105 Mcf	$6,796,764
Total			$6,796,764

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 36.1249, -100.1885. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.12492, -100.18845 · 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

100.0%

1 of 1 wells

Median depth

11,315 ft

1 wells filed one

Completion to plug

15.5 years

median over 1 well

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 11,315 ft.

Completions filed

Aug 1998

1 of 1 wells

Plug dates filed

Feb 2014

1 of 1 wells

Last completion to plug: a median of 15.5 years across the 1 well that filed both dates, with the middle half between 15.5 years and 15.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-29532436	1A	11,315 ft	Aug 1998	Feb 2014	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 (187)

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

187 months


Feb 2014	0	97.40	6.19	$0
Jan 2014	0	90.40	4.86	$0
Dec 2013	0	91.82	4.35	$0
Nov 2013	0	88.85	3.74	$0
Oct 2013	0	97.42	3.78	$0
Sep 2013	0	104.11	3.72	$0
Aug 2013	0	104.25	3.52	$0
Jul 2013	0	102.52	3.72	$0
Jun 2013	0	94.40	3.93	$0
May 2013	0	94.83	4.15	$0
Apr 2013	0	93.96	4.28	$0
Mar 2013	0	93.62	3.91	$0
Feb 2013	0	91.23	3.42	$0
Jan 2013	0	91.60	3.42	$0
Dec 2012	0	86.77	3.42	$0
Nov 2012	0	86.95	3.62	$0
Oct 2012	0	89.38	3.40	$0
Sep 2012	0	94.67	2.92	$0
Aug 2012	0	92.66	2.91	$0
Jul 2012	0	85.13	3.02	$0
Jun 2012	0	79.82	2.52	$0
May 2012	0	91.61	2.49	$0
Apr 2012	0	101.65	2.00	$0
Mar 2012	0	105.05	2.22	$0
Feb 2012	0	101.10	2.57	$0
Jan 2012	0	98.09	2.73	$0
Dec 2011	0	96.87	3.24	$0
Nov 2011	0	95.72	3.31	$0
Oct 2011	35	84.98	3.65	$128
Sep 2011	34	83.62	3.99	$136
Aug 2011	48	83.40	4.15	$199
Jul 2011	60	94.14	4.52	$271
Jun 2011	55	92.90	4.64	$255
May 2011	155	98.13	4.40	$683
Apr 2011	160	105.96	4.33	$693
Mar 2011	347	96.36	4.06	$1,408
Feb 2011	352	85.64	4.18	$1,471
Jan 2011	599	86.50	4.59	$2,749
Dec 2010	1,093	85.73	4.35	$4,752
Nov 2010	1,075	80.84	3.80	$4,080
Oct 2010	1,264	78.10	3.51	$4,435
Sep 2010	1,384	72.63	3.98	$5,508
Aug 2010	1,513	73.68	4.42	$6,686
Jul 2010	1,317	72.55	4.74	$6,238
Jun 2010	1,473	70.36	4.91	$7,233
May 2010	1,945	71.12	4.24	$8,238
Apr 2010	1,735	81.69	4.12	$7,153
Mar 2010	1,635	78.39	4.39	$7,175
Feb 2010	1,103	73.58	5.44	$6,003
Jan 2010	2,227	74.36	5.96	$13,282
Dec 2009	2,077	71.44	5.48	$11,390
Nov 2009	2,470	74.59	3.75	$9,266
Oct 2009	2,247	72.54	4.11	$9,236
Sep 2009	2,587	65.54	3.06	$7,929
Aug 2009	3,269	67.42	3.22	$10,521
Jul 2009	2,799	61.13	3.46	$9,697
Jun 2009	3,711	66.16	3.90	$14,454
May 2009	3,595	54.74	3.93	$14,113
Apr 2009	2,201	46.77	3.59	$7,896
Mar 2009	3,302	42.14	4.06	$13,403
Feb 2009	449	32.81	4.63	$2,080
Jan 2009	226	35.86	5.37	$1,214
Dec 2008	2,128	37.10	5.98	$12,719
Nov 2008	4,436	55.49	6.86	$30,433
Oct 2008	1,875	75.24	6.92	$12,979
Sep 2008	1,548	101.76	7.88	$12,194
Aug 2008	1,612	114.22	8.48	$13,675
Jul 2008	1,881	131.08	11.39	$21,424
Jun 2008	2,380	131.33	13.03	$31,018
May 2008	3,452	123.17	11.57	$39,954
Apr 2008	2,408	110.31	10.45	$25,175
Mar 2008	2,847	101.90	9.66	$27,514
Feb 2008	3,272	92.53	8.77	$28,697
Jan 2008	3,605	90.38	8.21	$29,582
Dec 2007	3,384	88.33	7.30	$24,710
Nov 2007	4,409	91.67	7.29	$32,149
Oct 2007	4,362	82.85	6.92	$30,194
Sep 2007	3,871	75.84	6.24	$24,171
Aug 2007	3,688	69.06	6.39	$23,559
Jul 2007	4,517	70.90	6.39	$28,854
Jun 2007	4,453	62.00	7.55	$33,613
May 2007	4,718	58.74	7.85	$37,019
Apr 2007	4,703	59.61	7.81	$36,708
Mar 2007	5,678	56.92	7.30	$41,461
Feb 2007	6,735	55.10	8.22	$55,335
Jan 2007	4,811	50.30	6.73	$32,363
Dec 2006	4,171	56.65	6.92	$28,857
Nov 2006	5,220	54.20	7.62	$39,763
Oct 2006	5,234	54.90	6.01	$31,476
Sep 2006	4,427	60.08	5.04	$22,300
Aug 2006	4,733	68.71	7.34	$34,740
Jul 2006	5,594	69.37	6.34	$35,481
Jun 2006	4,532	66.28	6.38	$28,932
May 2006	5,251	66.01	6.42	$33,738
Apr 2006	3,930	64.39	7.36	$28,927
Mar 2006	6,686	56.70	7.08	$47,356
Feb 2006	5,242	57.59	7.75	$40,631
Jan 2006	6,428	60.59	8.93	$57,423
Dec 2005	4,567	54.94	13.42	$61,268
Nov 2005	3,130	54.69	10.59	$33,142
Oct 2005	5,182	58.34	13.80	$71,490
Sep 2005	3,672	61.45	12.08	$44,354
Aug 2005	3,707	61.51	9.80	$36,317
Jul 2005	4,639	55.69	7.84	$36,387
Jun 2005	3,726	52.33	7.38	$27,502
May 2005	4,757	45.22	6.65	$31,640
Apr 2005	5,535	49.20	7.36	$40,740
Mar 2005	7,677	50.37	7.15	$54,928
Feb 2005	3,869	45.22	6.31	$24,421
Jan 2005	3,611	43.16	6.32	$22,829
Dec 2004	7,757	39.86	6.75	$52,368
Nov 2004	6,284	45.28	6.33	$39,780
Oct 2004	5,369	49.70	6.52	$34,980
Sep 2004	2,545	43.24	5.28	$13,448
Aug 2004	1,101	42.37	5.55	$6,111
Jul 2004	3,663	38.28	6.08	$22,286
Jun 2004	5,426	36.10	6.43	$34,906
May 2004	6,023	37.48	6.49	$39,117
Apr 2004	5,489	34.47	5.86	$32,157
Mar 2004	6,325	34.36	5.53	$34,978
Feb 2004	6,186	32.45	5.51	$34,083
Jan 2004	6,308	32.03	6.30	$39,738
Dec 2003	6,683	30.26	6.30	$42,114
Nov 2003	6,570	28.80	4.60	$30,190
Oct 2003	6,453	28.17	4.76	$30,714
Sep 2003	4,633	26.31	4.75	$22,004
Aug 2003	5,260	29.76	5.13	$26,982
Jul 2003	4,582	29.41	5.17	$23,693
Jun 2003	5,253	28.56	5.98	$31,428
May 2003	7,057	26.59	5.97	$42,149
Apr 2003	6,324	26.67	5.41	$34,196
Mar 2003	7,027	31.14	6.10	$42,837
Feb 2003	6,377	33.48	7.93	$50,543
Jan 2003	7,809	30.31	5.58	$43,590
Dec 2002	7,497	26.91	4.85	$36,389
Nov 2002	7,446	24.66	4.14	$30,804
Oct 2002	7,279	26.46	4.23	$30,784
Sep 2002	8,469	27.44	3.64	$30,787
Aug 2002	9,427	25.96	3.16	$29,829
Jul 2002	8,663	24.58	3.06	$26,524
Jun 2002	9,476	23.73	3.34	$31,633
May 2002	10,447	24.66	3.58	$37,442
Apr 2002	9,578	23.65	3.51	$33,641
Mar 2002	11,701	22.00	3.10	$36,305
Feb 2002	11,266	18.22	2.38	$26,764
Jan 2002	13,799	17.17	2.38	$32,782
Dec 2001	10,717	16.93	2.36	$25,339
Nov 2001	13,717	18.07	2.41	$32,997
Oct 2001	14,171	19.78	2.53	$35,837
Sep 2001	14,999	24.26	2.25	$33,768
Aug 2001	18,532	24.87	3.05	$56,581
Jul 2001	3,267	23.93	3.20	$10,445
Jun 2001	5,307	24.56	3.82	$20,295
May 2001	14,657	25.52	4.31	$63,132
Apr 2001	16,400	24.68	5.34	$87,499
Mar 2001	22,262	24.54	5.38	$119,690
Feb 2001	22,014	27.75	5.77	$126,957
Jan 2001	31,502	27.47	8.40	$264,578
Dec 2000	35,783	26.88	9.12	$326,430
Nov 2000	28,718	32.21	5.66	$162,486
Oct 2000	32,073	31.23	5.15	$165,032
Sep 2000	34,790	31.87	5.19	$180,438
Aug 2000	34,294	29.64	4.54	$155,720
Jul 2000	37,437	28.53	4.09	$153,108
Jun 2000	33,920	29.30	4.40	$149,155
May 2000	31,696	27.26	3.68	$116,633
Apr 2000	25,555	24.51	3.12	$79,629
Mar 2000	30,449	28.42	2.86	$87,077
Feb 2000	28,924	27.62	2.73	$78,861
Jan 2000	31,986	25.27	2.48	$79,341
Dec 1999	31,371	24.28	2.42	$76,035
Nov 1999	28,444	23.19	2.43	$69,232
Oct 1999	29,911	20.98	2.80	$83,862
Sep 1999	28,980	21.75	2.62	$75,894
Aug 1999	28,916	19.26	2.88	$83,151
Jul 1999	30,468	17.89	2.37	$72,281
Jun 1999	29,261	15.94	2.36	$69,117
May 1999	31,772	15.79	2.32	$73,743
Apr 1999	30,942	15.10	2.21	$68,321
Mar 1999	30,734	12.47	1.84	$56,499
Feb 1999	32,341	9.98	1.82	$58,789
Jan 1999	31,231	10.38	1.90	$59,337
Dec 1998	36,327	9.20	1.77	$64,419
Nov 1998	37,248	10.89	2.19	$81,414
Oct 1998	40,401	12.42	1.97	$79,558
Sep 1998	41,383	12.59	2.08	$86,185
Aug 1998	20,818	11.30	1.91	$39,707

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.

Oct 2011 — as filed, then multipliedworked

Gas                   35 Mcf  × $  3.65 =       $128

────────────────────────────────────────────────────
Month total                                     $128

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. 10/G/170709 is the state's own key, not one this site invented.