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 CADDO (DUFFER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 83905District 7BField 14481200NGPA filingCondensateGasSave Export

Value, all time

$212 k

Jan 1993 – Feb 2016

Value, last 12 filed months

$267

at the published price for each month

Months reported

278

no gaps in the span

Streams

condensate, gas

The CADDO (DUFFER) 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 89 leases and 105 wells, and the rule below applies to all of them.

Discovered

1979-07-01

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: “EFFECTIVE 11/01/82”

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	2	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	326 bbl	$11,511
Gas	Production	100,144 Mcf	$200,635
Total			$212,146

50,638 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 32.7214, -98.6621. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.72137, -98.66215 · 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

4,253 ft

1 wells filed one

Completion to plug

36.6 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 4,253 ft.

Completions filed

Jul 1979

1 of 1 wells

Plug dates filed

Feb 2016

1 of 1 wells

Last completion to plug: a median of 36.6 years across the 1 well that filed both dates, with the middle half between 36.6 years and 36.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-42932036	1	4,253 ft	Jul 1979	Feb 2016	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 (278)

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

278 months


Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	10	32.36	2.00	$20
Nov 2015	0	10	38.79	2.17	$22
Oct 2015	0	10	43.55	2.43	$24
Sep 2015	0	10	42.99	2.76	$28
Aug 2015	0	10	40.16	2.87	$29
Jul 2015	0	10	48.15	2.95	$29
Jun 2015	0	10	56.15	2.88	$29
May 2015	0	10	55.21	2.96	$30
Apr 2015	0	10	49.82	2.71	$27
Mar 2015	0	10	42.89	2.93	$29
Feb 2015	0	10	44.66	2.98	$30
Jan 2015	0	10	43.43	3.10	$31
Dec 2014	0	10	54.69	3.59	$36
Nov 2014	0	10	70.46	4.25	$43
Oct 2014	0	10	78.30	3.90	$39
Sep 2014	0	10	86.16	4.05	$40
Aug 2014	0	10	89.39	4.04	$40
Jul 2014	0	10	96.56	4.18	$42
Jun 2014	0	10	98.16	4.74	$47
May 2014	0	10	94.73	4.73	$47
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	10	97.42	3.78	$38
Sep 2013	0	10	104.11	3.72	$37
Aug 2013	0	39	104.25	3.52	$137
Jul 2013	0	83	102.52	3.72	$309
Jun 2013	0	3	94.40	3.93	$12
May 2013	0	1	94.83	4.15	$4
Apr 2013	0	1	93.96	4.28	$4
Mar 2013	0	57	93.62	3.91	$223
Feb 2013	0	10	91.23	3.42	$34
Jan 2013	0	10	91.60	3.42	$34
Dec 2012	0	61	86.77	3.42	$209
Nov 2012	0	60	86.95	3.62	$218
Oct 2012	0	27	89.38	3.40	$92
Sep 2012	0	3	94.67	2.92	$9
Aug 2012	0	25	92.66	2.91	$73
Jul 2012	0	9	85.13	3.02	$27
Jun 2012	0	6	79.82	2.52	$15
May 2012	0	24	91.61	2.49	$60
Apr 2012	0	53	101.65	2.00	$106
Mar 2012	0	59	105.05	2.22	$131
Feb 2012	0	7	101.10	2.57	$18
Jan 2012	0	19	98.09	2.73	$52
Dec 2011	28	5	96.87	3.24	$2,729
Nov 2011	0	19	95.72	3.31	$63
Oct 2011	0	46	84.98	3.65	$168
Sep 2011	0	61	83.62	3.99	$243
Aug 2011	0	48	83.40	4.15	$199
Jul 2011	0	62	94.14	4.52	$280
Jun 2011	0	77	92.90	4.64	$357
May 2011	0	57	98.13	4.40	$251
Apr 2011	0	31	105.96	4.33	$134
Mar 2011	0	28	96.36	4.06	$114
Feb 2011	0	30	85.64	4.18	$125
Jan 2011	0	29	86.50	4.59	$133
Dec 2010	0	35	85.73	4.35	$152
Nov 2010	0	34	80.84	3.80	$129
Oct 2010	0	29	78.10	3.51	$102
Sep 2010	0	30	72.63	3.98	$119
Aug 2010	0	28	73.68	4.42	$124
Jul 2010	0	32	72.55	4.74	$152
Jun 2010	0	30	70.36	4.91	$147
May 2010	0	32	71.12	4.24	$136
Apr 2010	0	16	81.69	4.12	$66
Mar 2010	0	39	78.39	4.39	$171
Feb 2010	0	20	73.58	5.44	$109
Jan 2010	0	22	74.36	5.96	$131
Dec 2009	0	29	71.44	5.48	$159
Nov 2009	0	25	74.59	3.75	$94
Oct 2009	0	31	72.54	4.11	$127
Sep 2009	0	30	65.54	3.06	$92
Aug 2009	0	29	67.42	3.22	$93
Jul 2009	0	30	61.13	3.46	$104
Jun 2009	0	30	66.16	3.90	$117
May 2009	0	29	54.74	3.93	$114
Apr 2009	0	30	46.77	3.59	$108
Mar 2009	0	29	42.14	4.06	$118
Feb 2009	66	27	32.81	4.63	$2,291
Jan 2009	0	27	35.86	5.37	$145
Dec 2008	0	30	37.10	5.98	$179
Nov 2008	0	30	55.49	6.86	$206
Oct 2008	0	29	75.24	6.92	$201
Sep 2008	0	28	101.76	7.88	$221
Aug 2008	0	31	114.22	8.48	$263
Jul 2008	0	31	131.08	11.39	$353
Jun 2008	0	30	131.33	13.03	$391
May 2008	0	32	123.17	11.57	$370
Apr 2008	0	32	110.31	10.45	$335
Mar 2008	0	52	101.90	9.66	$503
Feb 2008	0	51	92.53	8.77	$447
Jan 2008	0	33	90.38	8.21	$271
Dec 2007	0	12	88.33	7.30	$88
Nov 2007	0	12	91.67	7.29	$88
Oct 2007	0	38	82.85	6.92	$263
Sep 2007	0	95	75.84	6.24	$593
Aug 2007	0	91	69.06	6.39	$581
Jul 2007	0	81	70.90	6.39	$517
Jun 2007	0	81	62.00	7.55	$611
May 2007	0	80	58.74	7.85	$628
Apr 2007	0	48	59.61	7.81	$375
Mar 2007	0	80	56.92	7.30	$584
Feb 2007	0	93	55.10	8.22	$764
Jan 2007	0	101	50.30	6.73	$679
Dec 2006	0	106	56.65	6.92	$733
Nov 2006	0	116	54.20	7.62	$884
Oct 2006	0	125	54.90	6.01	$752
Sep 2006	0	110	60.08	5.04	$554
Aug 2006	0	103	68.71	7.34	$756
Jul 2006	0	73	69.37	6.34	$463
Jun 2006	0	48	66.28	6.38	$306
May 2006	0	97	66.01	6.42	$623
Apr 2006	0	272	64.39	7.36	$2,002
Mar 2006	0	281	56.70	7.08	$1,990
Feb 2006	0	343	57.59	7.75	$2,659
Jan 2006	0	238	60.59	8.93	$2,126
Dec 2005	0	246	54.94	13.42	$3,300
Nov 2005	0	268	54.69	10.59	$2,838
Oct 2005	0	231	58.34	13.80	$3,187
Sep 2005	0	169	61.45	12.08	$2,041
Aug 2005	0	257	61.51	9.80	$2,518
Jul 2005	0	202	55.69	7.84	$1,584
Jun 2005	0	224	52.33	7.38	$1,653
May 2005	0	322	45.22	6.65	$2,142
Apr 2005	0	240	49.20	7.36	$1,767
Mar 2005	0	261	50.37	7.15	$1,867
Feb 2005	0	254	45.22	6.31	$1,603
Jan 2005	41	263	43.16	6.32	$3,432
Dec 2004	0	291	39.86	6.75	$1,965
Nov 2004	0	292	45.28	6.33	$1,848
Oct 2004	0	280	49.70	6.52	$1,824
Sep 2004	0	261	43.24	5.28	$1,379
Aug 2004	0	305	42.37	5.55	$1,693
Jul 2004	0	290	38.28	6.08	$1,764
Jun 2004	0	356	36.10	6.43	$2,290
May 2004	0	358	37.48	6.49	$2,325
Apr 2004	0	329	34.47	5.86	$1,927
Mar 2004	0	389	34.36	5.53	$2,151
Feb 2004	0	308	32.45	5.51	$1,697
Jan 2004	0	303	32.03	6.30	$1,909
Dec 2003	0	369	30.26	6.30	$2,325
Nov 2003	0	318	28.80	4.60	$1,461
Oct 2003	0	305	28.17	4.76	$1,452
Sep 2003	0	333	26.31	4.75	$1,582
Aug 2003	0	305	29.76	5.13	$1,565
Jul 2003	0	353	29.41	5.17	$1,825
Jun 2003	0	353	28.56	5.98	$2,112
May 2003	0	244	26.59	5.97	$1,457
Apr 2003	0	283	26.67	5.41	$1,530
Mar 2003	0	228	31.14	6.10	$1,390
Feb 2003	63	60	33.48	7.93	$2,585
Jan 2003	0	303	30.31	5.58	$1,691
Dec 2002	0	272	26.91	4.85	$1,320
Nov 2002	0	269	24.66	4.14	$1,113
Oct 2002	0	306	26.46	4.23	$1,294
Sep 2002	0	323	27.44	3.64	$1,174
Aug 2002	0	301	25.96	3.16	$952
Jul 2002	0	316	24.58	3.06	$968
Jun 2002	0	323	23.73	3.34	$1,078
May 2002	0	310	24.66	3.58	$1,111
Apr 2002	0	278	23.65	3.51	$976
Mar 2002	0	197	22.00	3.10	$611
Feb 2002	0	165	18.22	2.38	$392
Jan 2002	0	269	17.17	2.38	$639
Dec 2001	0	272	16.93	2.36	$643
Nov 2001	0	202	18.07	2.41	$486
Oct 2001	0	269	19.78	2.53	$680
Sep 2001	0	291	24.26	2.25	$655
Aug 2001	0	246	24.87	3.05	$751
Jul 2001	0	385	23.93	3.20	$1,231
Jun 2001	0	370	24.56	3.82	$1,415
May 2001	0	395	25.52	4.31	$1,701
Apr 2001	0	546	24.68	5.34	$2,913
Mar 2001	0	356	24.54	5.38	$1,914
Feb 2001	0	306	27.75	5.77	$1,765
Jan 2001	0	449	27.47	8.40	$3,771
Dec 2000	0	341	26.88	9.12	$3,111
Nov 2000	0	351	32.21	5.66	$1,986
Oct 2000	0	396	31.23	5.15	$2,038
Sep 2000	0	385	31.87	5.19	$1,997
Aug 2000	0	484	29.64	4.54	$2,198
Jul 2000	0	477	28.53	4.09	$1,951
Jun 2000	0	404	29.30	4.40	$1,776
May 2000	0	516	27.26	3.68	$1,899
Apr 2000	83	459	24.51	3.12	$3,465
Mar 2000	0	445	28.42	2.86	$1,273
Feb 2000	0	416	27.62	2.73	$1,134
Jan 2000	0	430	25.27	2.48	$1,067
Dec 1999	0	415	24.28	2.42	$1,006
Nov 1999	0	504	23.19	2.43	$1,227
Oct 1999	0	498	20.98	2.80	$1,396
Sep 1999	0	548	21.75	2.62	$1,435
Aug 1999	0	580	19.26	2.88	$1,668
Jul 1999	0	566	17.89	2.37	$1,343
Jun 1999	0	605	15.94	2.36	$1,429
May 1999	0	604	15.79	2.32	$1,402
Apr 1999	0	553	15.10	2.21	$1,221
Mar 1999	0	586	12.47	1.84	$1,077
Feb 1999	0	631	9.98	1.82	$1,147
Jan 1999	0	619	10.38	1.90	$1,176
Dec 1998	0	646	9.20	1.77	$1,146
Nov 1998	0	727	10.89	2.19	$1,589
Oct 1998	0	685	12.42	1.97	$1,349
Sep 1998	0	751	12.59	2.08	$1,564
Aug 1998	0	823	11.30	1.91	$1,570
Jul 1998	0	895	11.74	2.24	$2,002
Jun 1998	0	1,012	11.24	2.24	$2,264
May 1998	0	938	12.62	2.21	$2,070
Apr 1998	0	1,276	13.04	2.51	$3,197
Mar 1998	0	1,221	12.80	2.31	$2,820
Feb 1998	0	866	13.95	2.30	$1,991
Jan 1998	0	760	14.70	2.15	$1,638
Dec 1997	0	540	16.32	2.41	$1,302
Nov 1997	0	541	18.19	3.09	$1,671
Oct 1997	0	566	19.25	3.15	$1,783
Sep 1997	0	47	17.74	2.95	$139
Aug 1997	0	483	17.86	2.55	$1,234
Jul 1997	0	53	17.58	2.25	$119
Jun 1997	0	47	17.24	2.26	$106
May 1997	0	294	18.97	2.31	$679
Apr 1997	0	347	17.88	2.08	$723
Mar 1997	0	465	18.95	1.94	$902
Feb 1997	0	464	20.49	2.21	$1,024
Jan 1997	0	521	23.48	3.54	$1,844
Dec 1996	0	651	23.32	—	$0
Nov 1996	0	731	21.97	—	$0
Oct 1996	0	702	23.31	—	$0
Sep 1996	0	367	22.22	—	$0
Aug 1996	0	497	20.26	—	$0
Jul 1996	0	680	19.55	—	$0
Jun 1996	0	387	18.73	—	$0
May 1996	0	530	19.43	—	$0
Apr 1996	0	570	21.51	—	$0
Mar 1996	0	539	19.38	—	$0
Feb 1996	0	675	16.98	—	$0
Jan 1996	0	854	17.07	—	$0
Dec 1995	0	733	17.19	—	$0
Nov 1995	45	862	16.00	—	$720
Oct 1995	0	908	15.43	—	$0
Sep 1995	0	856	16.18	—	$0
Aug 1995	0	1,127	15.92	—	$0
Jul 1995	0	1,172	15.24	—	$0
Jun 1995	0	1,046	16.41	—	$0
May 1995	0	805	17.56	—	$0
Apr 1995	0	1,031	17.73	—	$0
Mar 1995	0	1,067	16.44	—	$0
Feb 1995	0	933	16.58	—	$0
Jan 1995	0	1,094	15.92	—	$0
Dec 1994	0	1,065	15.03	—	$0
Nov 1994	0	1,124	15.90	—	$0
Oct 1994	0	1,312	15.58	—	$0
Sep 1994	0	1,276	15.29	—	$0
Aug 1994	0	1,424	16.13	—	$0
Jul 1994	0	1,382	17.56	—	$0
Jun 1994	0	1,256	17.09	—	$0
May 1994	0	1,585	15.88	—	$0
Apr 1994	0	1,376	14.14	—	$0
Mar 1994	0	1,308	12.46	—	$0
Feb 1994	0	1,387	12.50	—	$0
Jan 1994	0	1,419	12.66	—	$0
Dec 1993	0	1,318	12.33	—	$0
Nov 1993	0	1,978	14.49	—	$0
Oct 1993	0	1,501	15.85	—	$0
Sep 1993	0	1,321	15.03	—	$0
Aug 1993	0	1,763	15.66	—	$0
Jul 1993	0	1,828	15.46	—	$0
Jun 1993	0	1,011	16.79	—	$0
May 1993	0	947	17.68	—	$0
Apr 1993	0	1,405	18.05	—	$0
Mar 1993	0	1,063	18.14	—	$0
Feb 1993	0	880	17.90	—	$0
Jan 1993	0	892	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.

Dec 2015 — as filed, then multipliedworked

Condensate             0 bbl  × $ 32.36 =         $0
Gas                   10 Mcf  × $  2.00 =        $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. 7B/G/83905 is the state's own key, not one this site invented.