BORTH UNIT

Operated by GRAVES OPERATING, LLC (P-5 325799) in the MAMMOTH CREEK (MORROW) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 22981District 10Field 57019664NGPA filingCondensateGasSaveExport
Value, all time
$49 k
Jan 1993 – Dec 2014
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
264
no gaps in the span
Streams
2
condensate, 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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1963-02-25
as the register files it
Field class
Gas
the register's own label
Between wells
2,640 ft
minimum
From a lease line
933 ft
minimum

A drilling unit in this field needs at least 640 acres.

The Commission's schedule remark for this field reads: FIELD RULES EFF 12-1-78 AS PER ORDER 10-70,006

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

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.

StreamBasisVolumeValue
CondensateDisposition191 bbl$7,642
GasProduction74,886 Mcf$41,689
Total$49,331

57,934 Mcf of this lease's gas, across 46 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 36.3868, -100.1994. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.38681, -100.19943 · 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
11,490 ft
1 wells filed one
Completion to plug
32.0 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 11,490 ft.

Completions filed
Jul 1981
1 of 1 wells
Plug dates filed
Jul 2013
1 of 1 wells

Last completion to plug: a median of 32.0 years across the 1 well that filed both dates, with the middle half between 32.0 years and 32.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-295000391 U11,490 ftJul 1981Jul 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 (264)

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

264 months

Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 201473078.303.90$5,716
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
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 20130093.964.28$0
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 20110094.144.52$0
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 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 200101025.524.31$43
Apr 200102224.685.34$117
Mar 200101624.545.38$86
Feb 200102727.755.77$156
Jan 200102627.478.40$218
Dec 200003526.889.12$319
Nov 20000532.215.66$28
Oct 200002631.235.15$134
Sep 20000131.875.19$5
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000529.304.40$22
May 20000527.263.68$18
Apr 200003824.513.12$118
Mar 2000028428.422.86$812
Feb 200001427.622.73$38
Jan 200004725.272.48$117
Dec 19990924.282.42$22
Nov 1999018623.192.43$453
Oct 1999026520.982.80$743
Sep 199902921.752.62$76
Aug 199904019.262.88$115
Jul 199904817.892.37$114
Jun 1999038215.942.36$902
May 1999012915.792.32$299
Apr 1999031115.102.21$687
Mar 1999042112.471.84$774
Feb 199904339.981.82$787
Jan 1999072410.381.90$1,376
Dec 199804629.201.77$819
Nov 1998046810.892.19$1,023
Oct 1998046212.421.97$910
Sep 1998043112.592.08$898
Aug 1998040011.301.91$763
Jul 1998055711.742.24$1,246
Jun 1998042611.242.24$953
May 1998032712.622.21$721
Apr 1998056113.042.51$1,405
Mar 1998060612.802.31$1,400
Feb 1998055213.952.30$1,269
Jan 1998048114.702.15$1,036
Dec 199711760316.322.41$3,363
Nov 1997063518.193.09$1,961
Oct 1997059019.253.15$1,858
Sep 1997063017.742.95$1,862
Aug 1997059917.862.55$1,530
Jul 1997057317.582.25$1,288
Jun 1997053417.242.26$1,205
May 1997041518.972.31$958
Apr 1997053417.882.08$1,112
Mar 1997070918.951.94$1,375
Feb 1997038920.492.21$858
Jan 199701,47023.483.54$5,203
Dec 199601,88623.32$0
Nov 199601,55421.97$0
Oct 1996083423.31$0
Sep 1996047222.22$0
Aug 1996046320.26$0
Jul 1996054919.55$0
Jun 1996092518.73$0
May 199601,11319.43$0
Apr 1996088021.51$0
Mar 199601,31219.38$0
Feb 199601,15516.98$0
Jan 199601,53417.07$0
Dec 199502,74017.19$0
Nov 199501,24016.00$0
Oct 199501,15415.43$0
Sep 199501,20416.18$0
Aug 199502,06115.92$0
Jul 199502,74115.24$0
Jun 199503,65216.41$0
May 199502,91617.56$0
Apr 199502,16517.73$0
Mar 1995023416.44$0
Feb 19951016.58$17
Jan 199501,75915.92$0
Dec 199401,66215.03$0
Nov 1994039015.90$0
Oct 1994073815.58$0
Sep 1994058115.29$0
Aug 199401,09716.13$0
Jul 199401,11117.56$0
Jun 199401,00817.09$0
May 199401,17915.88$0
Apr 199401,45014.14$0
Mar 199401,21512.46$0
Feb 199401,81712.50$0
Jan 199401,61712.66$0
Dec 199301,08112.33$0
Nov 199301,46014.49$0
Oct 1993095115.85$0
Sep 1993086715.03$0
Aug 1993027015.66$0
Jul 19930015.46$0
Jun 1993058216.79$0
May 1993081217.68$0
Apr 199301,00318.05$0
Mar 199301,02718.14$0
Feb 1993074117.90$0
Jan 1993073216.93$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 2014 — as filed, then multipliedworked
Condensate            73 bbl  × $ 78.30 =     $5,716
Gas                    0 Mcf  × $  3.90 =         $0

────────────────────────────────────────────────────
Month total                                   $5,716

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/22981 is the state's own key, not one this site invented.