RHA -1-

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

Gas lease lease 35179District 10Field 32740500NGPA filingCondensateGasSaveExport
Value, all time
$341 k
Jan 1993 – Apr 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
256
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 6 leases and 6 wells, and the rule below applies to all of them.

Discovered
1964-10-02
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: FIELD RULES EFF 12-1-78 AS PER ORDER #10-70,032

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
NGPA2none

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
CondensateDisposition95 bbl$1,539
GasProduction80,831 Mcf$339,885
Total$341,424

2,267 Mcf of this lease's gas, across 7 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 36.4355, -101.0583. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.43551, -101.05833 · 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
7,600 ft
1 wells filed one
Completion to plug
49.3 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 7,600 ft.

Completions filed
Jan 1965
1 of 1 wells
Plug dates filed
Apr 2014
1 of 1 wells

Last completion to plug: a median of 49.3 years across the 1 well that filed both dates, with the middle half between 49.3 years and 49.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3570243217,600 ftJan 1965Apr 2014Yes

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 (256)

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

256 months

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 20060460.085.04$20
Aug 200601868.717.34$132
Jul 200606469.376.34$406
Jun 200605666.286.38$358
May 20060066.016.42$0
Apr 2006031264.397.36$2,296
Mar 2006020356.707.08$1,438
Feb 2006014557.597.75$1,124
Jan 200606260.598.93$554
Dec 200503954.9413.42$523
Nov 2005029854.6910.59$3,155
Oct 2005040958.3413.80$5,642
Sep 2005052661.4512.08$6,354
Aug 2005079261.519.80$7,759
Jul 200501,08055.697.84$8,471
Jun 200501,24252.337.38$9,167
May 2005074645.226.65$4,962
Apr 2005054549.207.36$4,011
Mar 2005030150.377.15$2,154
Feb 200501,18945.226.31$7,505
Jan 2005057343.166.32$3,623
Dec 200401,08039.866.75$7,291
Nov 200401,26445.286.33$8,002
Oct 200401,37949.706.52$8,984
Sep 200401,82643.245.28$9,648
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 200409237.486.49$598
Apr 2004029034.475.86$1,699
Mar 2004035234.365.53$1,947
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 200305028.174.76$238
Sep 20030026.314.75$0
Aug 200307429.765.13$380
Jul 2003016929.415.17$874
Jun 2003034028.565.98$2,034
May 2003038626.595.97$2,305
Apr 2003067326.675.41$3,639
Mar 2003097131.146.10$5,919
Feb 2003043033.487.93$3,408
Jan 200301,06930.315.58$5,967
Dec 2002071726.914.85$3,480
Nov 2002071824.664.14$2,970
Oct 2002059926.464.23$2,533
Sep 2002049927.443.64$1,814
Aug 2002060225.963.16$1,905
Jul 200201,07324.583.06$3,285
Jun 200201,31323.733.34$4,383
May 200201,60824.663.58$5,763
Apr 200201,54623.653.51$5,430
Mar 200201,65522.003.10$5,135
Feb 200202,76318.222.38$6,564
Jan 200201,83517.172.38$4,359
Dec 200101116.932.36$26
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 2001055123.933.20$1,762
Jun 2001022824.563.82$872
May 2001010825.524.31$465
Apr 2001024524.685.34$1,307
Mar 200101,16724.545.38$6,274
Feb 200101,77527.755.77$10,237
Jan 200101,92327.478.40$16,151
Dec 2000022826.889.12$2,080
Nov 200002,08932.215.66$11,820
Oct 200001,32131.235.15$6,797
Sep 200001,18531.875.19$6,146
Aug 200001,26429.644.54$5,740
Jul 200001,48028.534.09$6,053
Jun 200001,56629.304.40$6,886
May 200001,87927.263.68$6,914
Apr 200001,62124.513.12$5,051
Mar 200002,45328.422.86$7,015
Feb 200001,88027.622.73$5,126
Jan 200002,63725.272.48$6,541
Dec 199903,73324.282.42$9,048
Nov 199902,54623.192.43$6,197
Oct 199901,54920.982.80$4,343
Sep 1999089521.752.62$2,344
Aug 1999064619.262.88$1,858
Jul 199903,06717.892.37$7,276
Jun 199904,11115.942.36$9,711
May 199902,42915.792.32$5,638
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 199594016.18$1,521
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 19940016.13$0
Jul 19940017.56$0
Jun 19940017.09$0
May 19940015.88$0
Apr 19940014.14$0
Mar 19940012.46$0
Feb 19940012.50$0
Jan 19940012.66$0
Dec 19930012.33$0
Nov 19930014.49$0
Oct 19930015.85$0
Sep 19930015.03$0
Aug 19930015.66$0
Jul 1993010315.46$0
Jun 199308016.79$0
May 1993045617.68$0
Apr 1993144118.05$18
Mar 1993037118.14$0
Feb 1993050317.90$0
Jan 1993031316.93$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.

Sep 2006 — as filed, then multipliedworked
Condensate             0 bbl  × $ 60.08 =         $0
Gas                    4 Mcf  × $  5.04 =        $20

────────────────────────────────────────────────────
Month total                                      $20

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/35179 is the state's own key, not one this site invented.