GRACIE 117

Operated by BRACKEN OPERATING, L.L.C. (P-5 85851) in the HEMPHILL (GRANITE WASH.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 269038District 10Field 403112002 tax incentive programmesCondensateGasSaveExport
Value, all time
$16.5 M
Mar 2012 – May 2026
Value, last 12 filed months
$12 k
at the published price for each month
Months reported
171
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 712 leases and 714 wells, and the rule below applies to all of them.

Discovered
1964-01-29
as the register files it
Field class
Oil and gas
the register's own label
Between wells
467 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2008-10-07.

The Commission's schedule remark for this field reads: FIELD

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 Gas112015-12-28216582
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
CondensateDisposition70,132 bbl$5,914,073
GasProduction3,147,699 Mcf$10,624,198
Total$16,538,271

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 35.8503, -100.2667. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.85032, -100.26672 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,499 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 10,499 ft.

Completions filed
Mar 2012
1 of 1 wells

1 well

42-211349141H10,499 ftMar 2012

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 (171)

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

171 months

May 202600106.413.05$0
Apr 2026111098.932.87$10,981
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 2025044866.483.13$1,402
May 202508,20760.553.23$26,528
Apr 202506,64362.363.54$23,537
Mar 202508,99967.704.27$38,411
Feb 20251884,72170.884.34$33,819
Jan 202507,69074.324.28$32,903
Dec 202409,02168.993.12$28,158
Nov 20241736,99269.052.20$27,317
Oct 2024010,49971.372.28$23,952
Sep 2024648,89869.612.36$25,493
Aug 202403,04075.632.06$6,273
Jul 202408,44879.932.15$18,134
Jun 2024539,64678.082.63$29,546
May 202410410,19178.812.20$30,601
Apr 20246410,07384.451.66$22,118
Mar 202417611,23780.301.55$31,495
Feb 202419210,60876.091.78$33,530
Jan 2024011,32573.023.30$37,346
Dec 202317710,98571.262.61$41,292
Nov 202327111,83877.892.81$54,344
Oct 202309,55285.443.09$29,490
Sep 202318811,35689.042.74$47,799
Aug 202318912,42580.522.67$48,429
Jul 2023012,18074.852.64$32,177
Jun 202318712,35868.962.26$40,806
May 202318912,73970.622.23$41,722
Apr 2023011,82578.122.24$26,462
Mar 202338712,18472.852.39$57,351
Feb 202309,54675.112.47$23,537
Jan 202319212,70176.533.39$57,721
Dec 202219011,66076.415.73$81,319
Nov 202219111,37585.005.65$80,461
Oct 202218812,21987.185.86$88,039
Sep 202219212,51184.888.16$118,433
Aug 202218712,51594.529.13$131,902
Jul 202237413,250101.587.54$137,923
Jun 202256512,345115.097.98$163,504
May 202207,437109.378.43$62,717
Apr 202204,376104.226.84$29,921
Mar 202204,870108.885.08$24,722
Feb 20221934,22991.054.86$38,121
Jan 202204,07381.844.54$18,482
Dec 202105,02971.323.90$19,609
Nov 202105,42977.435.24$28,431
Oct 20211925,42979.795.71$46,340
Sep 202105,47969.865.35$29,318
Aug 202106,12766.024.22$25,860
Jul 202106,29770.783.98$25,075
Jun 20211897,19469.493.38$37,454
May 202106,86663.483.02$20,719
Apr 20211916,80960.362.76$30,311
Mar 202107,93761.302.72$21,564
Feb 20211983,38457.805.55$30,219
Jan 202106,50350.412.81$18,275
Dec 202006,67644.642.68$17,861
Nov 20201826,61438.772.71$24,957
Oct 202005,62136.972.48$13,931
Sep 20201886,67037.091.99$20,253
Aug 202007,12439.982.39$16,991
Jul 202006,05938.371.83$11,058
Jun 20201917,20534.901.69$18,845
May 20201827,74116.921.81$17,127
Apr 202007,77114.751.80$14,022
Mar 20201927,77730.341.86$20,261
Feb 202008,10249.881.98$16,047
Jan 20201939,26157.252.09$30,449
Dec 20191939,63659.012.30$33,594
Nov 20191908,77055.302.75$34,631
Oct 20191899,72053.472.42$33,614
Sep 201908,29555.052.66$22,042
Aug 201907,58353.112.30$17,474
Jul 20191928,42856.272.46$31,537
Jun 201908,71152.782.49$21,701
May 20191829,37058.482.74$36,320
Apr 201909,79362.632.75$26,938
Mar 20191979,97656.803.06$41,737
Feb 20191909,37750.852.79$35,844
Jan 20192185,57346.033.23$28,025
Dec 201820010,28146.594.19$52,349
Nov 201819910,01652.934.24$52,973
Oct 2018010,48161.443.40$35,615
Sep 2018010,39559.543.11$32,308
Aug 201819510,76959.403.07$44,607
Jul 2018010,84065.142.93$31,782
Jun 201819410,92260.183.08$45,281
May 2018011,29665.382.90$32,767
Apr 201818710,87063.842.90$43,470
Mar 2018011,43161.222.79$31,856
Feb 2018010,17761.782.77$28,151
Jan 2018010,25962.874.01$41,132
Dec 201719911,69457.272.92$45,561
Nov 201719711,69955.423.12$47,399
Oct 2017012,30849.292.98$36,723
Sep 201719512,30947.523.09$47,268
Aug 201719513,19145.373.00$48,478
Jul 2017013,64243.873.09$42,117
Jun 201719313,56142.493.09$50,067
May 201719713,99845.373.26$54,619
Apr 201719113,73347.933.21$53,260
Mar 201719814,53346.772.98$52,622
Feb 201719113,52350.452.95$49,564
Jan 201718715,42249.413.42$61,964
Dec 201639915,57048.763.72$77,420
Nov 201619816,18642.492.64$51,214
Oct 2016017,32546.193.09$53,539
Sep 2016016,84241.553.10$52,221
Aug 2016018,21641.442.92$53,270
Jul 2016018,49741.622.92$54,092
Jun 2016017,97245.352.69$48,270
May 2016019,11342.521.99$38,055
Apr 2016018,84436.561.99$37,519
Mar 201619619,63633.011.79$41,697
Feb 201639218,19926.472.06$47,932
Jan 2016020,32727.352.36$48,060
Dec 2015020,96532.362.00$41,960
Nov 201514720,85238.792.17$50,895
Oct 2015022,03443.552.43$53,467
Sep 2015021,88842.992.76$60,376
Aug 201519622,91240.162.87$73,686
Jul 201577923,14248.152.95$105,664
Jun 201538922,79856.152.88$87,566
May 201519623,36355.212.96$79,869
Apr 201539523,67949.822.71$83,768
Mar 201578625,53242.892.93$108,641
Feb 201540222,84844.662.98$85,953
Jan 201580325,88043.433.10$115,119
Dec 201459927,10054.693.59$130,085
Nov 201479627,13670.464.25$171,464
Oct 201459229,06478.303.90$159,731
Sep 201458729,33186.164.05$169,233
Aug 201419531,27089.394.04$143,609
Jul 201439132,26796.564.18$172,618
Jun 201458732,39998.164.74$211,090
May 201459434,80294.734.73$220,763
Apr 201479534,97695.944.81$244,476
Mar 20141,16037,63195.895.06$301,525
Feb 201455035,59297.406.19$273,956
Jan 20141,09338,21890.404.86$284,574
Dec 201356013,59691.824.35$110,623
Nov 20131,13043,53688.853.74$263,150
Oct 201370746,51997.423.78$244,688
Sep 20131,07645,436104.113.72$280,942
Aug 20131,07543,284104.253.52$264,541
Jul 20131,47043,818102.523.72$313,608
Jun 20131,02543,48894.403.93$267,816
May 20131,46451,76794.834.15$353,617
Apr 20131,11949,66793.964.28$317,845
Mar 20132,21362,12893.623.91$450,280
Feb 20131,08748,58891.233.42$265,334
Jan 20131,46964,59391.603.42$355,463
Dec 20122,02176,08186.773.42$435,571
Nov 20122,56781,57486.953.62$518,903
Oct 20123,28495,34889.383.40$617,677
Sep 20124,67190,46294.672.92$706,208
Aug 20124,98593,85492.662.91$734,853
Jul 20123,379103,96885.133.02$601,721
Jun 20123,38173,94579.822.52$456,142
May 20123581,91991.612.49$37,571
Apr 20124,16082,334101.652.00$587,269
Mar 20122,36260,467105.052.22$382,491

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.

Apr 2026 — as filed, then multipliedworked
Condensate           111 bbl  × $ 98.93 =    $10,981
Gas                    0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                  $10,981

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/269038 is the state's own key, not one this site invented.