GRAY

Name: GRAY lease production and value, Nov 2002 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 COBURN LOWER (LOWER MORROW) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 192032District 10Field 192415002 tax incentive programmesCondensateGasSave Export

Value, all time

$7.1 M

Nov 2002 – Jan 2020

Value, last 12 filed months

$9 k

at the published price for each month

Months reported

207

no gaps in the span

Streams

condensate, gas

The COBURN LOWER (LOWER MORROW) 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 20 leases and 20 wells, and the rule below applies to all of them.

Discovered

1983-09-21

as the register files it

Field class

Gas

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA SUSPENDED EFFECTIVE 12/1/94”

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	155332
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
Condensate	Disposition	159 bbl	$8,793
Gas	Production	1,231,759 Mcf	$7,108,444
Total			$7,117,237

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 36.1260, -100.2018. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.12599, -100.20180 · 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

11,400 ft

1 wells filed one

Completion to plug

21 months

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 11,400 ft.

Completions filed

Sep 2016

1 of 1 wells

Plug dates filed

Jun 2018

1 of 1 wells

Last completion to plug: a median of 21 months across the 1 well that filed both dates, with the middle half between 21 months and 21 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-29532651	3254	11,400 ft	Sep 2016	Jun 2018	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 (207)

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

207 months


Jan 2020	0	0	57.25	2.09	$0
Dec 2019	0	0	59.01	2.30	$0
Nov 2019	159	0	55.30	2.75	$8,793
Oct 2019	0	0	53.47	2.42	$0
Sep 2019	0	0	55.05	2.66	$0
Aug 2019	0	0	53.11	2.30	$0
Jul 2019	0	0	56.27	2.46	$0
Jun 2019	0	0	52.78	2.49	$0
May 2019	0	0	58.48	2.74	$0
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	84	61.78	2.77	$232
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	81	55.42	3.12	$253
Oct 2017	0	62	49.29	2.98	$185
Sep 2017	0	100	47.52	3.09	$309
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	34	42.49	3.09	$105
May 2017	0	42	45.37	3.26	$137
Apr 2017	0	29	47.93	3.21	$93
Mar 2017	0	68	46.77	2.98	$203
Feb 2017	0	124	50.45	2.95	$366
Jan 2017	0	145	49.41	3.42	$496
Dec 2016	0	97	48.76	3.72	$361
Nov 2016	0	128	42.49	2.64	$338
Oct 2016	0	131	46.19	3.09	$405
Sep 2016	0	82	41.55	3.10	$254
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	198	56.15	2.88	$571
May 2015	0	1,741	55.21	2.96	$5,145
Apr 2015	0	1,975	49.82	2.71	$5,345
Mar 2015	0	1,255	42.89	2.93	$3,683
Feb 2015	0	1,884	44.66	2.98	$5,607
Jan 2015	0	1,962	43.43	3.10	$6,083
Dec 2014	0	2,160	54.69	3.59	$7,757
Nov 2014	0	2,004	70.46	4.25	$8,521
Oct 2014	0	2,283	78.30	3.90	$8,906
Sep 2014	0	1,996	86.16	4.05	$8,075
Aug 2014	0	2,519	89.39	4.04	$10,164
Jul 2014	0	2,339	96.56	4.18	$9,776
Jun 2014	0	2,117	98.16	4.74	$10,028
May 2014	0	2,606	94.73	4.73	$12,317
Apr 2014	0	2,325	95.94	4.81	$11,181
Mar 2014	0	2,191	95.89	5.06	$11,079
Feb 2014	0	2,952	97.40	6.19	$18,279
Jan 2014	0	1,537	90.40	4.86	$7,471
Dec 2013	0	2,327	91.82	4.35	$10,133
Nov 2013	0	2,445	88.85	3.74	$9,140
Oct 2013	0	2,683	97.42	3.78	$10,140
Sep 2013	0	1,634	104.11	3.72	$6,075
Aug 2013	0	2,477	104.25	3.52	$8,726
Jul 2013	0	2,682	102.52	3.72	$9,971
Jun 2013	0	1,480	94.40	3.93	$5,821
May 2013	0	2,656	94.83	4.15	$11,020
Apr 2013	0	2,441	93.96	4.28	$10,454
Mar 2013	0	2,704	93.62	3.91	$10,580
Feb 2013	0	2,212	91.23	3.42	$7,565
Jan 2013	0	3,985	91.60	3.42	$13,628
Dec 2012	0	3,872	86.77	3.42	$13,243
Nov 2012	0	3,253	86.95	3.62	$11,792
Oct 2012	0	3,247	89.38	3.40	$11,039
Sep 2012	0	1,585	94.67	2.92	$4,626
Aug 2012	0	3,147	92.66	2.91	$9,152
Jul 2012	0	3,412	85.13	3.02	$10,307
Jun 2012	0	3,278	79.82	2.52	$8,257
May 2012	0	3,633	91.61	2.49	$9,040
Apr 2012	0	1,643	101.65	2.00	$3,281
Mar 2012	0	2,465	105.05	2.22	$5,477
Feb 2012	0	1,944	101.10	2.57	$4,997
Jan 2012	0	1,702	98.09	2.73	$4,653
Dec 2011	0	3,391	96.87	3.24	$10,986
Nov 2011	0	3,619	95.72	3.31	$11,984
Oct 2011	0	3,976	84.98	3.65	$14,507
Sep 2011	0	3,820	83.62	3.99	$15,226
Aug 2011	0	4,476	83.40	4.15	$18,572
Jul 2011	0	1,437	94.14	4.52	$6,491
Jun 2011	0	941	92.90	4.64	$4,366
May 2011	0	1,647	98.13	4.40	$7,255
Apr 2011	0	2,315	105.96	4.33	$10,032
Mar 2011	0	3,237	96.36	4.06	$13,134
Feb 2011	0	481	85.64	4.18	$2,011
Jan 2011	0	342	86.50	4.59	$1,569
Dec 2010	0	1,794	85.73	4.35	$7,800
Nov 2010	0	2,575	80.84	3.80	$9,773
Oct 2010	0	2,956	78.10	3.51	$10,372
Sep 2010	0	3,246	72.63	3.98	$12,917
Aug 2010	0	3,708	73.68	4.42	$16,387
Jul 2010	0	4,101	72.55	4.74	$19,424
Jun 2010	0	3,394	70.36	4.91	$16,666
May 2010	0	2,573	71.12	4.24	$10,897
Apr 2010	0	347	81.69	4.12	$1,431
Mar 2010	0	563	78.39	4.39	$2,471
Feb 2010	0	1,712	73.58	5.44	$9,317
Jan 2010	0	1,867	74.36	5.96	$11,135
Dec 2009	0	1,928	71.44	5.48	$10,573
Nov 2009	0	3,238	74.59	3.75	$12,147
Oct 2009	0	2,944	72.54	4.11	$12,101
Sep 2009	0	2,963	65.54	3.06	$9,081
Aug 2009	0	3,901	67.42	3.22	$12,555
Jul 2009	0	3,168	61.13	3.46	$10,976
Jun 2009	0	4,239	66.16	3.90	$16,511
May 2009	0	3,719	54.74	3.93	$14,600
Apr 2009	0	1,718	46.77	3.59	$6,163
Mar 2009	0	218	42.14	4.06	$885
Feb 2009	0	80	32.81	4.63	$371
Jan 2009	0	130	35.86	5.37	$698
Dec 2008	0	4,080	37.10	5.98	$24,387
Nov 2008	0	3,449	55.49	6.86	$23,661
Oct 2008	0	988	75.24	6.92	$6,839
Sep 2008	0	2,231	101.76	7.88	$17,574
Aug 2008	0	396	114.22	8.48	$3,359
Jul 2008	0	574	131.08	11.39	$6,538
Jun 2008	0	409	131.33	13.03	$5,330
May 2008	0	571	123.17	11.57	$6,609
Apr 2008	0	1,095	110.31	10.45	$11,448
Mar 2008	0	3,257	101.90	9.66	$31,476
Feb 2008	0	3,007	92.53	8.77	$26,373
Jan 2008	0	6,548	90.38	8.21	$53,731
Dec 2007	0	3,766	88.33	7.30	$27,499
Nov 2007	0	4,959	91.67	7.29	$36,160
Oct 2007	0	5,038	82.85	6.92	$34,873
Sep 2007	0	5,023	75.84	6.24	$31,364
Aug 2007	0	4,708	69.06	6.39	$30,074
Jul 2007	0	5,390	70.90	6.39	$34,431
Jun 2007	0	5,249	62.00	7.55	$39,622
May 2007	0	4,815	58.74	7.85	$37,780
Apr 2007	0	4,739	59.61	7.81	$36,989
Mar 2007	0	6,817	56.92	7.30	$49,778
Feb 2007	0	1,516	55.10	8.22	$12,455
Jan 2007	0	3,308	50.30	6.73	$22,252
Dec 2006	0	6,637	56.65	6.92	$45,918
Nov 2006	0	7,040	54.20	7.62	$53,627
Oct 2006	0	6,349	54.90	6.01	$38,182
Sep 2006	0	6,428	60.08	5.04	$32,379
Aug 2006	0	6,360	68.71	7.34	$46,682
Jul 2006	0	8,589	69.37	6.34	$54,478
Jun 2006	0	4,644	66.28	6.38	$29,647
May 2006	0	3,740	66.01	6.42	$24,030
Apr 2006	0	4,797	64.39	7.36	$35,308
Mar 2006	0	3,696	56.70	7.08	$26,178
Feb 2006	0	4,992	57.59	7.75	$38,694
Jan 2006	0	4,018	60.59	8.93	$35,894
Dec 2005	0	2,112	54.94	13.42	$28,333
Nov 2005	0	4,928	54.69	10.59	$52,180
Oct 2005	0	5,086	58.34	13.80	$70,165
Sep 2005	0	3,791	61.45	12.08	$45,791
Aug 2005	0	3,631	61.51	9.80	$35,572
Jul 2005	0	4,199	55.69	7.84	$32,935
Jun 2005	0	5,856	52.33	7.38	$43,223
May 2005	0	4,661	45.22	6.65	$31,001
Apr 2005	0	9,140	49.20	7.36	$67,275
Mar 2005	0	8,862	50.37	7.15	$63,407
Feb 2005	0	9,901	45.22	6.31	$62,494
Jan 2005	0	13,992	43.16	6.32	$88,460
Dec 2004	0	12,717	39.86	6.75	$85,853
Nov 2004	0	11,408	45.28	6.33	$72,217
Oct 2004	0	7,930	49.70	6.52	$51,665
Sep 2004	0	13,833	43.24	5.28	$73,092
Aug 2004	0	8,379	42.37	5.55	$46,509
Jul 2004	0	13,537	38.28	6.08	$82,362
Jun 2004	0	17,199	36.10	6.43	$110,642
May 2004	0	19,363	37.48	6.49	$125,755
Apr 2004	0	19,133	34.47	5.86	$112,090
Mar 2004	0	20,045	34.36	5.53	$110,852
Feb 2004	0	21,688	32.45	5.51	$119,493
Jan 2004	0	21,505	32.03	6.30	$135,474
Dec 2003	0	22,743	30.26	6.30	$143,318
Nov 2003	0	24,418	28.80	4.60	$112,205
Oct 2003	0	30,777	28.17	4.76	$146,487
Sep 2003	0	27,389	26.31	4.75	$130,080
Aug 2003	0	38,525	29.76	5.13	$197,622
Jul 2003	0	41,745	29.41	5.17	$215,857
Jun 2003	0	45,340	28.56	5.98	$271,267
May 2003	0	48,602	26.59	5.97	$290,284
Apr 2003	0	58,497	26.67	5.41	$316,310
Mar 2003	0	59,860	31.14	6.10	$364,909
Feb 2003	0	64,746	33.48	7.93	$513,169
Jan 2003	0	75,667	30.31	5.58	$422,376
Dec 2002	0	85,529	26.91	4.85	$415,137
Nov 2002	0	8,880	24.66	4.14	$36,736

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.

Nov 2019 — as filed, then multipliedworked

Condensate           159 bbl  × $ 55.30 =     $8,793
Gas                    0 Mcf  × $  2.75 =         $0

────────────────────────────────────────────────────
Month total                                   $8,793

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/192032 is the state's own key, not one this site invented.