GRACIE

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

Operated by RTC RESOURCES, LLP (P-5 732297) in the LOESCH (MORROW UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 174465District 10Field 54383250CondensateGasSave Export

Value, all time

$96 k

Nov 1998 – Apr 2011

Value, last 12 filed months

$2 k

at the published price for each month

Months reported

150

no gaps in the span

Streams

condensate, gas

The LOESCH (MORROW UPPER) 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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered

1996-09-17

as the register files it

Field class

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 field rule took effect on 1997-01-31.

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 08/01/98.”

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
Condensate	Disposition	25 bbl	$1,953
Gas	Production	19,148 Mcf	$94,330
Total			$96,283

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 36.3652, -100.4403. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.36517, -100.44034 · 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

8,925 ft

1 wells filed one

Completion to plug

11.9 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 8,925 ft.

Completions filed

Nov 1998

1 of 1 wells

Plug dates filed

Oct 2010

1 of 1 wells

Last completion to plug: a median of 11.9 years across the 1 well that filed both dates, with the middle half between 11.9 years and 11.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-29532457	1	8,925 ft	Nov 1998	Oct 2010	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 (150)

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

150 months


Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	25	0	78.10	3.51	$1,953
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	13	66.16	3.90	$51
May 2009	0	82	54.74	3.93	$322
Apr 2009	0	80	46.77	3.59	$287
Mar 2009	0	84	42.14	4.06	$341
Feb 2009	0	85	32.81	4.63	$394
Jan 2009	0	97	35.86	5.37	$521
Dec 2008	0	102	37.10	5.98	$610
Nov 2008	0	102	55.49	6.86	$700
Oct 2008	0	104	75.24	6.92	$720
Sep 2008	0	102	101.76	7.88	$803
Aug 2008	0	104	114.22	8.48	$882
Jul 2008	0	105	131.08	11.39	$1,196
Jun 2008	0	102	131.33	13.03	$1,329
May 2008	0	102	123.17	11.57	$1,181
Apr 2008	0	109	110.31	10.45	$1,140
Mar 2008	0	109	101.90	9.66	$1,053
Feb 2008	0	104	92.53	8.77	$912
Jan 2008	0	113	90.38	8.21	$927
Dec 2007	0	120	88.33	7.30	$876
Nov 2007	0	115	91.67	7.29	$839
Oct 2007	0	122	82.85	6.92	$844
Sep 2007	0	118	75.84	6.24	$737
Aug 2007	0	122	69.06	6.39	$779
Jul 2007	0	127	70.90	6.39	$811
Jun 2007	0	124	62.00	7.55	$936
May 2007	0	124	58.74	7.85	$973
Apr 2007	0	121	59.61	7.81	$944
Mar 2007	0	126	56.92	7.30	$920
Feb 2007	0	34	55.10	8.22	$279
Jan 2007	0	22	50.30	6.73	$148
Dec 2006	0	8	56.65	6.92	$55
Nov 2006	0	114	54.20	7.62	$868
Oct 2006	0	157	54.90	6.01	$944
Sep 2006	0	144	60.08	5.04	$725
Aug 2006	0	45	68.71	7.34	$330
Jul 2006	0	146	69.37	6.34	$926
Jun 2006	0	152	66.28	6.38	$970
May 2006	0	168	66.01	6.42	$1,079
Apr 2006	0	172	64.39	7.36	$1,266
Mar 2006	0	219	56.70	7.08	$1,551
Feb 2006	0	54	57.59	7.75	$419
Jan 2006	0	106	60.59	8.93	$947
Dec 2005	0	91	54.94	13.42	$1,221
Nov 2005	0	82	54.69	10.59	$868
Oct 2005	0	81	58.34	13.80	$1,117
Sep 2005	0	56	61.45	12.08	$676
Aug 2005	0	44	61.51	9.80	$431
Jul 2005	0	20	55.69	7.84	$157
Jun 2005	0	25	52.33	7.38	$185
May 2005	0	53	45.22	6.65	$353
Apr 2005	0	42	49.20	7.36	$309
Mar 2005	0	15	50.37	7.15	$107
Feb 2005	0	30	45.22	6.31	$189
Jan 2005	0	24	43.16	6.32	$152
Dec 2004	0	97	39.86	6.75	$655
Nov 2004	0	150	45.28	6.33	$950
Oct 2004	0	139	49.70	6.52	$906
Sep 2004	0	150	43.24	5.28	$793
Aug 2004	0	144	42.37	5.55	$799
Jul 2004	0	161	38.28	6.08	$980
Jun 2004	0	149	36.10	6.43	$959
May 2004	0	153	37.48	6.49	$994
Apr 2004	0	151	34.47	5.86	$885
Mar 2004	0	156	34.36	5.53	$863
Feb 2004	0	151	32.45	5.51	$832
Jan 2004	0	170	32.03	6.30	$1,071
Dec 2003	0	181	30.26	6.30	$1,141
Nov 2003	0	188	28.80	4.60	$864
Oct 2003	0	147	28.17	4.76	$700
Sep 2003	0	165	26.31	4.75	$784
Aug 2003	0	221	29.76	5.13	$1,134
Jul 2003	0	177	29.41	5.17	$915
Jun 2003	0	262	28.56	5.98	$1,568
May 2003	0	229	26.59	5.97	$1,368
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	144	33.48	7.93	$1,141
Jan 2003	0	215	30.31	5.58	$1,200
Dec 2002	0	38	26.91	4.85	$184
Nov 2002	0	69	24.66	4.14	$285
Oct 2002	0	244	26.46	4.23	$1,032
Sep 2002	0	233	27.44	3.64	$847
Aug 2002	0	76	25.96	3.16	$240
Jul 2002	0	83	24.58	3.06	$254
Jun 2002	0	90	23.73	3.34	$300
May 2002	0	116	24.66	3.58	$416
Apr 2002	0	132	23.65	3.51	$464
Mar 2002	0	203	22.00	3.10	$630
Feb 2002	0	133	18.22	2.38	$316
Jan 2002	0	249	17.17	2.38	$592
Dec 2001	0	130	16.93	2.36	$307
Nov 2001	0	156	18.07	2.41	$375
Oct 2001	0	213	19.78	2.53	$539
Sep 2001	0	152	24.26	2.25	$342
Aug 2001	0	156	24.87	3.05	$476
Jul 2001	0	203	23.93	3.20	$649
Jun 2001	0	214	24.56	3.82	$818
May 2001	0	290	25.52	4.31	$1,249
Apr 2001	0	334	24.68	5.34	$1,782
Mar 2001	0	330	24.54	5.38	$1,774
Feb 2001	0	142	27.75	5.77	$819
Jan 2001	0	84	27.47	8.40	$706
Dec 2000	0	210	26.88	9.12	$1,916
Nov 2000	0	262	32.21	5.66	$1,482
Oct 2000	0	184	31.23	5.15	$947
Sep 2000	0	69	31.87	5.19	$358
Aug 2000	0	241	29.64	4.54	$1,094
Jul 2000	0	123	28.53	4.09	$503
Jun 2000	0	224	29.30	4.40	$985
May 2000	0	296	27.26	3.68	$1,089
Apr 2000	0	112	24.51	3.12	$349
Mar 2000	0	262	28.42	2.86	$749
Feb 2000	0	79	27.62	2.73	$215
Jan 2000	0	150	25.27	2.48	$372
Dec 1999	0	361	24.28	2.42	$875
Nov 1999	0	246	23.19	2.43	$599
Oct 1999	0	272	20.98	2.80	$763
Sep 1999	0	472	21.75	2.62	$1,236
Aug 1999	0	60	19.26	2.88	$173
Jul 1999	0	165	17.89	2.37	$391
Jun 1999	0	130	15.94	2.36	$307
May 1999	0	214	15.79	2.32	$497
Apr 1999	0	234	15.10	2.21	$517
Mar 1999	0	281	12.47	1.84	$517
Feb 1999	0	591	9.98	1.82	$1,074
Jan 1999	0	1,118	10.38	1.90	$2,124
Dec 1998	0	0	9.20	1.77	$0
Nov 1998	0	0	10.89	2.19	$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.

Oct 2010 — as filed, then multipliedworked

Condensate            25 bbl  × $ 78.10 =     $1,953
Gas                    0 Mcf  × $  3.51 =         $0

────────────────────────────────────────────────────
Month total                                   $1,953

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/174465 is the state's own key, not one this site invented.