GRACEY, J. H.

Name: GRACEY, J. H. lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by DELTA OIL & GAS LTD. (P-5 213703) in the STEPHENS COUNTY REGULAR (GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 107307District 7BField 85948100NGPA filingCondensateGasSave Export

Value, all time

$307 k

Jan 1993 – Jan 2016

Value, last 12 filed months

$3 k

at the published price for each month

Months reported

277

no gaps in the span

Streams

condensate, gas

The STEPHENS COUNTY REGULAR (GAS) field

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 635 leases and 635 wells, and the rule below applies to all of them.

Discovered

1943-12-02

as the register files it

Field class

Gas

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

The Commission's schedule remark for this field reads: “FIELD CHANGED FROM EXEMPT TO PRORATED EFFECTIVE 07/01/22.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	420 bbl	$13,363
Gas	Production	113,487 Mcf	$293,660
Total			$307,023

44,571 Mcf of this lease's gas, across 48 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 32.7202, -98.6628. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.72020, -98.66277 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

4,494 ft

1 wells filed one

Completion to plug

30.0 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 4,494 ft.

Completions filed

May 1984

1 of 1 wells

Plug dates filed

May 2014

1 of 1 wells

Last completion to plug: a median of 30.0 years across the 1 well that filed both dates, with the middle half between 30.0 years and 30.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-42933825	2	4,494 ft	May 1984	May 2014	Yes

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 (277)

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

277 months


Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	89	0	38.79	2.17	$3,452
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	10	95.94	4.81	$48
Mar 2014	0	10	95.89	5.06	$51
Feb 2014	0	10	97.40	6.19	$62
Jan 2014	0	10	90.40	4.86	$49
Dec 2013	0	10	91.82	4.35	$44
Nov 2013	0	10	88.85	3.74	$37
Oct 2013	0	2	97.42	3.78	$8
Sep 2013	0	10	104.11	3.72	$37
Aug 2013	0	2	104.25	3.52	$7
Jul 2013	0	12	102.52	3.72	$45
Jun 2013	0	2	94.40	3.93	$8
May 2013	0	12	94.83	4.15	$50
Apr 2013	0	2	93.96	4.28	$9
Mar 2013	0	12	93.62	3.91	$47
Feb 2013	0	33	91.23	3.42	$113
Jan 2013	0	13	91.60	3.42	$44
Dec 2012	0	54	86.77	3.42	$185
Nov 2012	0	264	86.95	3.62	$957
Oct 2012	0	223	89.38	3.40	$758
Sep 2012	0	194	94.67	2.92	$566
Aug 2012	0	177	92.66	2.91	$515
Jul 2012	0	145	85.13	3.02	$438
Jun 2012	0	162	79.82	2.52	$408
May 2012	0	257	91.61	2.49	$640
Apr 2012	0	310	101.65	2.00	$619
Mar 2012	0	118	105.05	2.22	$262
Feb 2012	0	47	101.10	2.57	$121
Jan 2012	0	6	98.09	2.73	$16
Dec 2011	0	155	96.87	3.24	$502
Nov 2011	0	107	95.72	3.31	$354
Oct 2011	0	137	84.98	3.65	$500
Sep 2011	0	121	83.62	3.99	$482
Aug 2011	0	184	83.40	4.15	$763
Jul 2011	0	186	94.14	4.52	$840
Jun 2011	0	184	92.90	4.64	$854
May 2011	0	180	98.13	4.40	$793
Apr 2011	0	152	105.96	4.33	$659
Mar 2011	0	171	96.36	4.06	$694
Feb 2011	0	142	85.64	4.18	$594
Jan 2011	0	208	86.50	4.59	$954
Dec 2010	0	221	85.73	4.35	$961
Nov 2010	0	164	80.84	3.80	$622
Oct 2010	0	106	78.10	3.51	$372
Sep 2010	0	68	72.63	3.98	$271
Aug 2010	0	145	73.68	4.42	$641
Jul 2010	0	132	72.55	4.74	$625
Jun 2010	0	139	70.36	4.91	$683
May 2010	0	54	71.12	4.24	$229
Apr 2010	0	36	81.69	4.12	$148
Mar 2010	0	31	78.39	4.39	$136
Feb 2010	0	23	73.58	5.44	$125
Jan 2010	0	47	74.36	5.96	$280
Dec 2009	0	123	71.44	5.48	$675
Nov 2009	0	140	74.59	3.75	$525
Oct 2009	0	151	72.54	4.11	$621
Sep 2009	0	186	65.54	3.06	$570
Aug 2009	0	24	67.42	3.22	$77
Jul 2009	0	178	61.13	3.46	$617
Jun 2009	0	155	66.16	3.90	$604
May 2009	0	187	54.74	3.93	$734
Apr 2009	0	140	46.77	3.59	$502
Mar 2009	0	145	42.14	4.06	$589
Feb 2009	100	167	32.81	4.63	$4,055
Jan 2009	0	151	35.86	5.37	$811
Dec 2008	0	170	37.10	5.98	$1,016
Nov 2008	0	128	55.49	6.86	$878
Oct 2008	0	147	75.24	6.92	$1,018
Sep 2008	0	97	101.76	7.88	$764
Aug 2008	0	146	114.22	8.48	$1,239
Jul 2008	0	139	131.08	11.39	$1,583
Jun 2008	0	157	131.33	13.03	$2,046
May 2008	0	120	123.17	11.57	$1,389
Apr 2008	0	46	110.31	10.45	$481
Mar 2008	0	134	101.90	9.66	$1,295
Feb 2008	0	147	92.53	8.77	$1,289
Jan 2008	0	106	90.38	8.21	$870
Dec 2007	0	82	88.33	7.30	$599
Nov 2007	0	15	91.67	7.29	$109
Oct 2007	0	64	82.85	6.92	$443
Sep 2007	0	171	75.84	6.24	$1,068
Aug 2007	0	174	69.06	6.39	$1,112
Jul 2007	0	160	70.90	6.39	$1,022
Jun 2007	0	196	62.00	7.55	$1,480
May 2007	0	212	58.74	7.85	$1,663
Apr 2007	0	194	59.61	7.81	$1,514
Mar 2007	0	308	56.92	7.30	$2,249
Feb 2007	0	316	55.10	8.22	$2,596
Jan 2007	0	293	50.30	6.73	$1,971
Dec 2006	0	382	56.65	6.92	$2,643
Nov 2006	0	402	54.20	7.62	$3,062
Oct 2006	0	457	54.90	6.01	$2,748
Sep 2006	0	453	60.08	5.04	$2,282
Aug 2006	0	501	68.71	7.34	$3,677
Jul 2006	0	425	69.37	6.34	$2,696
Jun 2006	0	644	66.28	6.38	$4,111
May 2006	0	849	66.01	6.42	$5,455
Apr 2006	0	834	64.39	7.36	$6,139
Mar 2006	0	1,153	56.70	7.08	$8,167
Feb 2006	0	836	57.59	7.75	$6,480
Jan 2006	0	518	60.59	8.93	$4,627
Dec 2005	0	25	54.94	13.42	$335
Nov 2005	0	25	54.69	10.59	$265
Oct 2005	0	30	58.34	13.80	$414
Sep 2005	0	10	61.45	12.08	$121
Aug 2005	0	30	61.51	9.80	$294
Jul 2005	0	28	55.69	7.84	$220
Jun 2005	0	21	52.33	7.38	$155
May 2005	0	24	45.22	6.65	$160
Apr 2005	0	27	49.20	7.36	$199
Mar 2005	0	23	50.37	7.15	$165
Feb 2005	0	11	45.22	6.31	$69
Jan 2005	43	31	43.16	6.32	$2,052
Dec 2004	0	24	39.86	6.75	$162
Nov 2004	0	113	45.28	6.33	$715
Oct 2004	0	178	49.70	6.52	$1,160
Sep 2004	0	190	43.24	5.28	$1,004
Aug 2004	0	192	42.37	5.55	$1,066
Jul 2004	0	411	38.28	6.08	$2,501
Jun 2004	0	452	36.10	6.43	$2,908
May 2004	0	534	37.48	6.49	$3,468
Apr 2004	0	604	34.47	5.86	$3,539
Mar 2004	0	663	34.36	5.53	$3,666
Feb 2004	0	776	32.45	5.51	$4,275
Jan 2004	0	855	32.03	6.30	$5,386
Dec 2003	0	849	30.26	6.30	$5,350
Nov 2003	0	708	28.80	4.60	$3,253
Oct 2003	0	780	28.17	4.76	$3,713
Sep 2003	0	781	26.31	4.75	$3,709
Aug 2003	0	778	29.76	5.13	$3,991
Jul 2003	0	853	29.41	5.17	$4,411
Jun 2003	0	651	28.56	5.98	$3,895
May 2003	0	674	26.59	5.97	$4,026
Apr 2003	0	449	26.67	5.41	$2,428
Mar 2003	0	432	31.14	6.10	$2,633
Feb 2003	64	378	33.48	7.93	$5,139
Jan 2003	0	302	30.31	5.58	$1,686
Dec 2002	0	286	26.91	4.85	$1,388
Nov 2002	0	278	24.66	4.14	$1,150
Oct 2002	0	333	26.46	4.23	$1,408
Sep 2002	0	382	27.44	3.64	$1,389
Aug 2002	0	457	25.96	3.16	$1,446
Jul 2002	0	447	24.58	3.06	$1,369
Jun 2002	0	410	23.73	3.34	$1,369
May 2002	0	465	24.66	3.58	$1,667
Apr 2002	0	432	23.65	3.51	$1,517
Mar 2002	0	335	22.00	3.10	$1,039
Feb 2002	0	312	18.22	2.38	$741
Jan 2002	0	376	17.17	2.38	$893
Dec 2001	0	391	16.93	2.36	$924
Nov 2001	0	353	18.07	2.41	$849
Oct 2001	0	351	19.78	2.53	$888
Sep 2001	0	416	24.26	2.25	$937
Aug 2001	0	445	24.87	3.05	$1,359
Jul 2001	0	469	23.93	3.20	$1,499
Jun 2001	0	462	24.56	3.82	$1,767
May 2001	0	485	25.52	4.31	$2,089
Apr 2001	0	471	24.68	5.34	$2,513
Mar 2001	0	401	24.54	5.38	$2,156
Feb 2001	0	276	27.75	5.77	$1,592
Jan 2001	0	363	27.47	8.40	$3,049
Dec 2000	0	354	26.88	9.12	$3,229
Nov 2000	0	360	32.21	5.66	$2,037
Oct 2000	0	288	31.23	5.15	$1,482
Sep 2000	0	349	31.87	5.19	$1,810
Aug 2000	0	390	29.64	4.54	$1,771
Jul 2000	0	424	28.53	4.09	$1,734
Jun 2000	0	450	29.30	4.40	$1,979
May 2000	0	500	27.26	3.68	$1,840
Apr 2000	76	534	24.51	3.12	$3,527
Mar 2000	0	492	28.42	2.86	$1,407
Feb 2000	0	472	27.62	2.73	$1,287
Jan 2000	0	388	25.27	2.48	$962
Dec 1999	0	354	24.28	2.42	$858
Nov 1999	0	414	23.19	2.43	$1,008
Oct 1999	0	503	20.98	2.80	$1,410
Sep 1999	0	447	21.75	2.62	$1,171
Aug 1999	0	452	19.26	2.88	$1,300
Jul 1999	0	441	17.89	2.37	$1,046
Jun 1999	0	524	15.94	2.36	$1,238
May 1999	0	523	15.79	2.32	$1,214
Apr 1999	0	503	15.10	2.21	$1,111
Mar 1999	0	510	12.47	1.84	$938
Feb 1999	0	457	9.98	1.82	$831
Jan 1999	0	495	10.38	1.90	$940
Dec 1998	0	483	9.20	1.77	$857
Nov 1998	0	525	10.89	2.19	$1,148
Oct 1998	0	639	12.42	1.97	$1,258
Sep 1998	0	707	12.59	2.08	$1,472
Aug 1998	0	1,094	11.30	1.91	$2,087
Jul 1998	0	1,122	11.74	2.24	$2,510
Jun 1998	0	1,112	11.24	2.24	$2,488
May 1998	0	1,008	12.62	2.21	$2,224
Apr 1998	0	698	13.04	2.51	$1,749
Mar 1998	0	739	12.80	2.31	$1,707
Feb 1998	0	708	13.95	2.30	$1,628
Jan 1998	0	810	14.70	2.15	$1,745
Dec 1997	0	670	16.32	2.41	$1,615
Nov 1997	0	620	18.19	3.09	$1,915
Oct 1997	0	637	19.25	3.15	$2,006
Sep 1997	0	582	17.74	2.95	$1,720
Aug 1997	0	638	17.86	2.55	$1,630
Jul 1997	0	633	17.58	2.25	$1,422
Jun 1997	0	674	17.24	2.26	$1,521
May 1997	0	761	18.97	2.31	$1,757
Apr 1997	0	726	17.88	2.08	$1,512
Mar 1997	0	787	18.95	1.94	$1,526
Feb 1997	0	724	20.49	2.21	$1,597
Jan 1997	0	754	23.48	3.54	$2,669
Dec 1996	0	756	23.32	—	$0
Nov 1996	0	764	21.97	—	$0
Oct 1996	0	870	23.31	—	$0
Sep 1996	0	870	22.22	—	$0
Aug 1996	0	833	20.26	—	$0
Jul 1996	0	885	19.55	—	$0
Jun 1996	0	861	18.73	—	$0
May 1996	0	892	19.43	—	$0
Apr 1996	0	890	21.51	—	$0
Mar 1996	0	816	19.38	—	$0
Feb 1996	0	869	16.98	—	$0
Jan 1996	0	789	17.07	—	$0
Dec 1995	0	839	17.19	—	$0
Nov 1995	48	804	16.00	—	$768
Oct 1995	0	849	15.43	—	$0
Sep 1995	0	762	16.18	—	$0
Aug 1995	0	750	15.92	—	$0
Jul 1995	0	848	15.24	—	$0
Jun 1995	0	900	16.41	—	$0
May 1995	0	591	17.56	—	$0
Apr 1995	0	766	17.73	—	$0
Mar 1995	0	811	16.44	—	$0
Feb 1995	0	728	16.58	—	$0
Jan 1995	0	770	15.92	—	$0
Dec 1994	0	809	15.03	—	$0
Nov 1994	0	796	15.90	—	$0
Oct 1994	0	789	15.58	—	$0
Sep 1994	0	735	15.29	—	$0
Aug 1994	0	730	16.13	—	$0
Jul 1994	0	739	17.56	—	$0
Jun 1994	0	969	17.09	—	$0
May 1994	0	788	15.88	—	$0
Apr 1994	0	963	14.14	—	$0
Mar 1994	0	1,237	12.46	—	$0
Feb 1994	0	1,082	12.50	—	$0
Jan 1994	0	1,261	12.66	—	$0
Dec 1993	0	1,465	12.33	—	$0
Nov 1993	0	797	14.49	—	$0
Oct 1993	0	1,429	15.85	—	$0
Sep 1993	0	1,489	15.03	—	$0
Aug 1993	0	1,337	15.66	—	$0
Jul 1993	0	1,170	15.46	—	$0
Jun 1993	0	1,467	16.79	—	$0
May 1993	0	1,557	17.68	—	$0
Apr 1993	0	912	18.05	—	$0
Mar 1993	0	770	18.14	—	$0
Feb 1993	0	921	17.90	—	$0
Jan 1993	0	846	16.93	—	$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.

Nov 2015 — as filed, then multipliedworked

Condensate            89 bbl  × $ 38.79 =     $3,452
Gas                    0 Mcf  × $  2.17 =         $0

────────────────────────────────────────────────────
Month total                                   $3,452

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. 7B/G/107307 is the state's own key, not one this site invented.