GRAHAM

Operated by UNIT PETROLEUM COMPANY (P-5 877099) in the BUFFALO WALLOW (GRANITE WASH) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 232403District 10Field 131472852 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.0 M
Oct 2007 – Mar 2023
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
186
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 1,387 leases and 1,388 wells, and the rule below applies to all of them.

Discovered
1974-09-09
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2016-03-29.

The Commission's schedule remark for this field reads: 01-30-2024

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
High Cost Gas112008-02-27179520
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
CondensateDisposition3,008 bbl$241,485
GasProduction503,504 Mcf$2,748,180
Total$2,989,665

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 35.6993, -100.4083. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.69933, -100.40833 · 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
12,805 ft
1 wells filed one
Completion to plug
14.9 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 12,805 ft.

Completions filed
Oct 2007
1 of 1 wells
Plug dates filed
Sep 2022
1 of 1 wells

Last completion to plug: a median of 14.9 years across the 1 well that filed both dates, with the middle half between 14.9 years and 14.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-211339344606P12,805 ftOct 2007Sep 2022Yes

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 (186)

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

186 months

Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 202215087.185.86$1,308
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20171045.373.00$45
Jul 201718372543.873.09$10,266
Jun 201702,00242.493.09$6,181
May 201732,31945.373.26$7,704
Apr 201702,07047.933.21$6,648
Mar 201752,13746.772.98$6,610
Feb 201721,93150.452.95$5,802
Jan 201722,15049.413.42$7,449
Dec 201602,22348.763.72$8,276
Nov 201601,81442.492.64$4,797
Oct 201601,89146.193.09$5,844
Sep 201601,85541.553.10$5,752
Aug 201601,66241.442.92$4,860
Jul 201601,99041.622.92$5,819
Jun 201601,90445.352.69$5,114
May 201602,03442.521.99$4,050
Apr 201601,97636.561.99$3,934
Mar 201602,10433.011.79$3,775
Feb 201601,94626.472.06$4,016
Jan 201602,12327.352.36$5,020
Dec 201502,00532.362.00$4,013
Nov 201502,11738.792.17$4,588
Oct 20151922,29943.552.43$13,940
Sep 201502,19842.992.76$6,063
Aug 201502,34440.162.87$6,733
Jul 201502,06248.152.95$6,073
Jun 201502,12756.152.88$6,132
May 201502,52755.212.96$7,468
Apr 201501,95549.822.71$5,291
Mar 201502,35642.892.93$6,914
Feb 201502,18444.662.98$6,500
Jan 201502,02943.433.10$6,291
Dec 201402,25154.693.59$8,084
Nov 201402,29670.464.25$9,762
Oct 201402,29678.303.90$8,957
Sep 201402,31986.164.05$9,381
Aug 201402,45389.394.04$9,898
Jul 201402,53296.564.18$10,583
Jun 201402,32298.164.74$10,999
May 201402,29494.734.73$10,843
Apr 201402,03795.944.81$9,796
Mar 201401,85495.895.06$9,375
Feb 201401,61297.406.19$9,982
Jan 20141992,03790.404.86$27,891
Dec 201322,25391.824.35$9,994
Nov 201302,10288.853.74$7,858
Oct 201302,30697.423.78$8,715
Sep 201302,339104.113.72$8,696
Aug 201342,503104.253.52$9,234
Jul 201342,555102.523.72$9,909
Jun 201302,44194.403.93$9,601
May 2013202,55594.834.15$12,498
Apr 2013122,49793.964.28$11,821
Mar 201362,77393.623.91$11,412
Feb 201322,86591.233.42$9,981
Jan 201393,86891.603.42$14,053
Dec 201203,33786.773.42$11,413
Nov 201203,07486.953.62$11,143
Oct 201207,38989.383.40$25,120
Sep 201202,95994.672.92$8,636
Aug 201203,01292.662.91$8,759
Jul 20121982,96685.133.02$25,815
Jun 201202,80679.822.52$7,068
May 201202,87991.612.49$7,164
Apr 201202,706101.652.00$5,403
Mar 201201,737105.052.22$3,860
Feb 201202,666101.102.57$6,852
Jan 201206,99398.092.73$19,119
Dec 201102,84296.873.24$9,207
Nov 201102,80595.723.31$9,288
Oct 201103,06184.983.65$11,168
Sep 20111753,14583.623.99$27,169
Aug 201103,05383.404.15$12,668
Jul 201103,42694.144.52$15,476
Jun 2011066992.904.64$3,104
May 201103,58098.134.40$15,769
Apr 201103,455105.964.33$14,971
Mar 201103,47196.364.06$14,083
Feb 201102,93285.644.18$12,256
Jan 201103,75686.504.59$17,235
Dec 201003,63585.734.35$15,804
Nov 20101743,54280.843.80$27,509
Oct 201003,83278.103.51$13,446
Sep 201003,64672.633.98$14,509
Aug 201003,97073.684.42$17,545
Jul 201004,05172.554.74$19,188
Jun 201004,10570.364.91$20,157
May 201004,38871.124.24$18,584
Apr 20101824,27281.694.12$32,480
Mar 201004,38078.394.39$19,222
Feb 201003,82573.585.44$20,817
Jan 201004,53874.365.96$27,065
Dec 200904,62071.445.48$25,335
Nov 200904,91974.593.75$18,454
Oct 20091705,20172.544.11$33,709
Sep 200905,24865.543.06$16,084
Aug 200905,44667.423.22$17,528
Jul 200905,32761.133.46$18,455
Jun 200905,29166.163.90$20,608
May 20091775,65054.743.93$31,869
Apr 200905,39646.773.59$19,358
Mar 200905,56842.144.06$22,601
Feb 200905,28332.814.63$24,476
Jan 20091826,00235.865.37$38,763
Dec 200806,19337.105.98$37,016
Nov 200806,30855.496.86$43,275
Oct 200806,83575.246.92$47,312
Sep 200806,920101.767.88$54,509
Aug 20081777,514114.228.48$83,958
Jul 200808,092131.0811.39$92,163
Jun 200807,984131.3313.03$104,053
May 20081839,545123.1711.57$133,017
Apr 200809,609110.3110.45$100,461
Mar 200818310,697101.909.66$122,024
Feb 2008010,31392.538.77$90,451
Jan 200817814,48690.388.21$134,956
Dec 200718517,42488.337.30$143,571
Nov 200718328,44591.677.29$224,188
Oct 2007041,86682.856.92$289,796

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 2022 — as filed, then multipliedworked
Condensate            15 bbl  × $ 87.18 =     $1,308
Gas                    0 Mcf  × $  5.86 =         $0

────────────────────────────────────────────────────
Month total                                   $1,308

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/232403 is the state's own key, not one this site invented.