GRAY ESTATE

Operated by AMARILLO EXPLORATION, INC. (P-5 16802) in the PAN PETRO (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8349District 10Field 68735120OilCasinghead gasSaveExport
Value, all time
$721 k
May 2011 – Apr 2023
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
144
no gaps in the span
Streams
2
oil, casinghead 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 965 leases and 1,339 wells, and the rule below applies to all of them.

Discovered
1974-03-21
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2011-04-18.

The Commission's schedule remark for this field reads: PRORATION ACRES PLATS ARE REQUIRED.

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
OilDisposition5,875 bbl$434,275
Casinghead gasProduction87,074 Mcf$286,527
Total$720,802

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 36.1488, -101.0962. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.14880, -101.09617 · 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
0.0%
0 of 1 wells
Median depth
6,670 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
1100.0%
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.
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 6,670 ft.

Completions filed
Mar 2005
1 of 1 wells

1 well

42-1953167746,670 ftMar 2005Yes

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 (144)

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

144 months

Apr 20230078.122.24$0
Mar 20231072.852.39$73
Feb 202338075.112.47$2,854
Jan 2023012276.533.39$413
Dec 2022011976.415.73$682
Nov 2022012185.005.65$683
Oct 2022011687.185.86$680
Sep 2022012084.888.16$980
Aug 2022012294.529.13$1,114
Jul 20220127101.587.54$958
Jun 20220126115.097.98$1,005
May 20220127109.378.43$1,071
Apr 20220120104.226.84$821
Mar 20220123108.885.08$624
Feb 202209991.054.86$481
Jan 2022011981.844.54$540
Dec 2021012071.323.90$468
Nov 2021011977.435.24$623
Oct 2021012279.795.71$697
Sep 2021011769.865.35$626
Aug 2021012066.024.22$506
Jul 2021012070.783.98$478
Jun 2021012069.493.38$406
May 2021010263.483.02$308
Apr 2021169060.362.76$10,201
Mar 2021011361.302.72$307
Feb 2021014057.805.55$777
Jan 2021012350.412.81$346
Dec 2020011744.642.68$313
Nov 2020011938.772.71$322
Oct 2020013036.972.48$322
Sep 2020014137.091.99$281
Aug 2020017339.982.39$413
Jul 2020018138.371.83$330
Jun 2020019034.901.69$321
May 2020021316.921.81$387
Apr 2020022214.751.80$401
Mar 2020024130.341.86$447
Feb 2020041549.881.98$822
Jan 2020045957.252.09$961
Dec 2019046559.012.30$1,072
Nov 2019044755.302.75$1,230
Oct 2019047653.472.42$1,151
Sep 2019047055.052.66$1,249
Aug 2019049653.112.30$1,143
Jul 2019051256.272.46$1,260
Jun 2019050352.782.49$1,253
May 2019053758.482.74$1,472
Apr 2019053662.632.75$1,474
Mar 2019057956.803.06$1,773
Feb 2019053250.852.79$1,485
Jan 2019061146.033.23$1,972
Dec 2018064946.594.19$2,716
Nov 2018067152.934.24$2,843
Oct 2018084261.443.40$2,861
Sep 2018082759.543.11$2,570
Aug 2018097659.403.07$2,993
Jul 2018097065.142.93$2,844
Jun 2018091160.183.08$2,803
May 201801,05465.382.90$3,057
Apr 2018060763.842.90$1,761
Mar 2018098961.222.79$2,756
Feb 2018044061.782.77$1,217
Jan 2018052762.874.01$2,113
Dec 2017070457.272.92$2,057
Nov 2017076955.423.12$2,398
Oct 20173811,04849.292.98$21,906
Sep 201701,05547.523.09$3,257
Aug 2017067445.373.00$2,025
Jul 2017064143.873.09$1,979
Jun 2017063842.493.09$1,970
May 2017066845.373.26$2,180
Apr 2017065147.933.21$2,091
Mar 2017082546.772.98$2,462
Feb 2017081950.452.95$2,418
Jan 201713293649.413.42$9,722
Dec 2016097948.763.72$3,645
Nov 201601,00842.492.64$2,666
Oct 20161821,09646.193.09$11,794
Sep 2016080041.553.10$2,481
Aug 2016090341.442.92$2,641
Jul 201618882941.622.92$10,249
Jun 2016221,03645.352.69$3,780
May 2016079742.521.99$1,587
Apr 201619395336.561.99$8,954
Mar 2016090233.011.79$1,618
Feb 201615789926.472.06$6,011
Jan 201616997127.352.36$6,918
Dec 2015078332.362.00$1,567
Nov 2015079038.792.17$1,712
Oct 201539093643.552.43$19,256
Sep 2015068642.992.76$1,892
Aug 2015084140.162.87$2,416
Jul 2015099448.152.95$2,927
Jun 2015086356.152.88$2,488
May 201519095555.212.96$13,312
Apr 2015099149.822.71$2,682
Mar 2015096642.892.93$2,835
Feb 201519074244.662.98$10,694
Jan 2015076143.433.10$2,360
Dec 20142491854.693.59$4,609
Nov 2014092970.464.25$3,950
Oct 201418492078.303.90$17,996
Sep 2014091386.164.05$3,693
Aug 201418397989.394.04$20,309
Jul 20142493096.564.18$6,204
Jun 2014090998.164.74$4,306
May 20141861,15994.734.73$23,098
Apr 201418684095.944.81$21,885
Mar 201418198195.895.06$22,317
Feb 2014060597.406.19$3,746
Jan 2014052590.404.86$2,552
Dec 2013085791.824.35$3,732
Nov 201301,01588.853.74$3,794
Oct 2013071497.423.78$2,698
Sep 20130752104.113.72$2,796
Aug 20130822104.253.52$2,896
Jul 2013187917102.523.72$22,580
Jun 2013092794.403.93$3,646
May 201317496194.834.15$20,488
Apr 2013092893.964.28$3,974
Mar 201318498793.623.91$21,088
Feb 201319290991.233.42$20,625
Jan 2013081691.603.42$2,791
Dec 2012084886.773.42$2,900
Nov 2012068986.953.62$2,498
Oct 201218755589.383.40$18,601
Sep 201218253294.672.92$18,783
Aug 2012061492.662.91$1,786
Jul 2012063585.133.02$1,918
Jun 2012087079.822.52$2,192
May 20121871,05991.612.49$19,766
Apr 20120938101.652.00$1,873
Mar 2012192768105.052.22$21,876
Feb 2012193879101.102.57$21,772
Jan 201218796598.092.73$20,981
Dec 2011079096.873.24$2,559
Nov 2011035995.723.31$1,189
Oct 2011044784.983.65$1,631
Sep 2011047483.623.99$1,889
Aug 201118484283.404.15$18,839
Jul 2011054194.144.52$2,444
Jun 2011058792.904.64$2,724
May 201145645598.134.40$46,751

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.

Mar 2023 — as filed, then multipliedworked
Oil                    1 bbl  × $ 72.85 =        $73
Casinghead gas         0 Mcf  × $  2.39 =         $0

────────────────────────────────────────────────────
Month total                                      $73

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/O/8349 is the state's own key, not one this site invented.