JOE D. JOHNSON

Operated by KEATING ENERGY, INC. (P-5 453142) in the GRAFORD, S. (CONGL.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 281765District 7BField 36263500CondensateGasSaveExport
Value, all time
$64 k
Sep 2016 – May 2026
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
117
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 22 leases and 25 wells, and the rule below applies to all of them.

Discovered
1979-04-01
as the register files it
Field class
Oil and 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: EXEMPT FIELD EFF 03/2013.

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
CondensateDisposition16 bbl$1,222
GasProduction19,855 Mcf$62,730
Total$63,952

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 32.9381, -98.3051. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.93813, -98.30506 · 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
4,471 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 4,471 ft.

Completions filed
Sep 2016
1 of 1 wells

1 well

42-363304471 L4,471 ftSep 2016

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 (117)

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

117 months

May 2026051106.413.05$155
Apr 202605398.932.87$152
Mar 202604489.753.15$139
Feb 202605763.503.75$214
Jan 202602359.138.00$184
Dec 202503256.664.41$141
Nov 20250858.593.93$31
Oct 202505059.383.30$165
Sep 202505062.743.08$154
Aug 202505763.933.01$172
Jul 202503366.743.32$109
Jun 202503466.483.13$106
May 202502060.553.23$65
Apr 202504862.363.54$170
Mar 202507067.704.27$299
Feb 202503570.884.34$152
Jan 202501074.324.28$43
Dec 202404068.993.12$125
Nov 202404969.052.20$108
Oct 202404971.372.28$112
Sep 202405369.612.36$125
Aug 202405075.632.06$103
Jul 202404179.932.15$88
Jun 202404478.082.63$116
May 202405878.812.20$128
Apr 202405484.451.66$90
Mar 202405380.301.55$82
Feb 202405076.091.78$89
Jan 202404673.023.30$152
Dec 202308071.262.61$209
Nov 202307777.892.81$216
Oct 2023012785.443.09$392
Sep 2023013189.042.74$358
Aug 2023010480.522.67$278
Jul 2023010874.852.64$285
Jun 2023210368.962.26$371
May 2023312470.622.23$488
Apr 202339278.122.24$440
Mar 202329072.852.39$361
Feb 202326775.112.47$315
Jan 202317776.533.39$337
Dec 202215776.415.73$403
Nov 202212085.005.65$198
Oct 202204087.185.86$235
Sep 202202584.888.16$204
Aug 202203094.529.13$274
Jul 2022062101.587.54$468
Jun 2022049115.097.98$391
May 2022070109.378.43$590
Apr 2022169104.226.84$576
Mar 2022049108.885.08$249
Feb 202203291.054.86$155
Jan 202203881.844.54$172
Dec 202104471.323.90$172
Nov 202105077.435.24$262
Oct 202106079.795.71$343
Sep 202107869.865.35$417
Aug 202108166.024.22$342
Jul 202107670.783.98$303
Jun 202108169.493.38$274
May 202105763.483.02$172
Apr 202106660.362.76$182
Mar 202104061.302.72$109
Feb 202105057.805.55$277
Jan 202106150.412.81$171
Dec 202006344.642.68$169
Nov 202007238.772.71$195
Oct 202006736.972.48$166
Sep 202006437.091.99$127
Aug 202008239.982.39$196
Jul 202008138.371.83$148
Jun 202005034.901.69$85
May 202005016.921.81$91
Apr 202008314.751.80$150
Mar 202009030.341.86$167
Feb 202009149.881.98$180
Jan 202009357.252.09$195
Dec 201906159.012.30$141
Nov 201908755.302.75$239
Oct 2019015953.472.42$385
Sep 2019020055.052.66$531
Aug 2019018053.112.30$415
Jul 2019013256.272.46$325
Jun 2019017052.782.49$424
May 2019020058.482.74$548
Apr 2019022062.632.75$605
Mar 2019027056.803.06$827
Feb 2019030050.852.79$838
Jan 2019039046.033.23$1,259
Dec 2018046546.594.19$1,946
Nov 2018059652.934.24$2,525
Oct 2018093161.443.40$3,164
Sep 2018044159.543.11$1,371
Aug 2018040359.403.07$1,236
Jul 2018057065.142.93$1,671
Jun 2018085860.183.08$2,640
May 2018058465.382.90$1,694
Apr 201801,17063.842.90$3,394
Mar 201801,10561.222.79$3,079
Feb 2018068261.782.77$1,886
Jan 2018080462.874.01$3,223
Dec 2017011057.272.92$321
Nov 2017027155.423.12$845
Oct 2017035349.292.98$1,053
Sep 2017025447.523.09$784
Aug 2017039045.373.00$1,172
Jul 2017021043.873.09$648
Jun 2017037042.493.09$1,142
May 2017039445.373.26$1,286
Apr 20170047.933.21$0
Mar 2017027846.772.98$829
Feb 2017085850.452.95$2,533
Jan 2017012049.413.42$410
Dec 20160048.763.72$0
Nov 2016021242.492.64$561
Oct 2016012646.193.09$389
Sep 2016031841.553.10$986

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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                   51 Mcf  × $  3.05 =       $155

────────────────────────────────────────────────────
Month total                                     $155

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/281765 is the state's own key, not one this site invented.