GRICE, CLYDE

Operated by SMITH PIPE OF ABILENE (P-5 794745) in the SAGERTON, NE. (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 2145District 7BField 79546500NGPA filingOilCasinghead gasSaveExport
Value, all time
$196 k
Jan 1993 – Mar 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
183
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 9 leases and 22 wells, and the rule below applies to all of them.

Discovered
1951-05-19
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
NGPA3none

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
OilDisposition9,280 bbl$162,994
Casinghead gasProduction24,145 Mcf$33,023
Total$196,017

12,370 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 (5)

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 33.1039, -99.8911. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

33.10398, -99.89082 · 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%
5 of 5 wells
With a plug date
100.0%
5 of 5 wells
Median depth
5,509 ft
5 wells filed one
Completion to plug
16.5 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
5100.0%
A plug date is filed
5100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
5100.0%
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

Between 5,454 and 5,515 ft, median 5,509 ft, over the 5 wells that filed a depth.

Completions filed
Oct 1978 – Mar 2011
4 of 5 wells; 1 filed none
Plug dates filed
Jun 2001 – Jun 2021
5 of 5 wells

Last completion to plug: a median of 16.5 years across the 2 wells that filed both dates, with the middle half between 13.4 years and 19.7 years. A further 2 wells are excluded, because the last completion the Commission holds for them is dated after the plug date. Both dates are the latest of their kind on the wellbore record and they are filed separately, so the two need not run in order. The gap is the distance between two filed dates — it is not a statement of how long the well produced.

5 wells

42-2070194715,515 ftJul 2001Yes
42-2073096165,509 ftMar 2011Jun 2021Yes
42-2073074245,497 ftFeb 2011Jun 2001Yes
42-2070091125,454 ftSep 2009Nov 2006Yes
42-2073074355,510 ftOct 1978Jul 2001Yes

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 (183)

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

183 months

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 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20012019.782.53$40
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 200108223.933.20$262
Jun 200101024.563.82$38
May 2001025925.524.31$1,116
Apr 200112618524.685.34$4,097
Mar 2001040224.545.38$2,161
Feb 200103927.755.77$225
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 200018233629.644.54$6,920
Jul 200009728.534.09$397
Jun 2000037029.304.40$1,627
May 200017645627.263.68$6,476
Apr 200017143924.513.12$5,559
Mar 200018638528.422.86$6,387
Feb 2000032727.622.73$892
Jan 200018436525.272.48$5,555
Dec 1999042424.282.42$1,028
Nov 199916837823.192.43$4,816
Oct 1999039320.982.80$1,102
Sep 199917037021.752.62$4,666
Aug 199916958819.262.88$4,946
Jul 1999027917.892.37$662
Jun 199917130115.942.36$3,437
May 1999039815.792.32$924
Apr 199916247515.102.21$3,495
Mar 199915252312.471.84$2,857
Feb 19991726119.981.82$2,827
Jan 199916873510.381.90$3,140
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 1998011112.421.97$219
Sep 199809812.592.08$204
Aug 19980011.301.91$0
Jul 199807411.742.24$166
Jun 19980011.242.24$0
May 19981494912.622.21$1,988
Apr 19981657213.042.51$2,332
Mar 199808912.802.31$206
Feb 199816612413.952.30$2,601
Jan 199817512514.702.15$2,842
Dec 19971709116.322.41$2,994
Nov 19971704918.193.09$3,244
Oct 1997016719.253.15$526
Sep 199722627617.742.95$4,825
Aug 199748523017.862.55$9,250
Jul 199716617617.582.25$3,314
Jun 1997019917.242.26$449
May 199715013218.972.31$3,150
Apr 1997019917.882.08$414
Mar 199710110318.951.94$2,114
Feb 199716010120.492.21$3,501
Jan 1997918323.483.54$2,430
Dec 199608323.32$0
Nov 19961632821.97$3,581
Oct 1996584423.31$1,352
Sep 199605022.22$0
Aug 199605520.26$0
Jul 1996532819.55$1,036
Jun 199603218.73$0
May 19961612819.43$3,128
Apr 199602821.51$0
Mar 199603219.38$0
Feb 199602816.98$0
Jan 1996393917.07$666
Dec 19951032417.19$1,771
Nov 199502816.00$0
Oct 199502615.43$0
Sep 199502816.18$0
Aug 19958914915.92$1,417
Jul 19951309015.24$1,981
Jun 1995015816.41$0
May 19951491,65117.56$2,616
Apr 1995011717.73$0
Mar 1995030016.44$0
Feb 1995041916.58$0
Jan 19959234115.92$1,465
Dec 199412941915.03$1,939
Nov 1994040415.90$0
Oct 199411519415.58$1,792
Sep 1994032715.29$0
Aug 199413823916.13$2,226
Jul 1994018317.56$0
Jun 19946711617.09$1,145
May 19948028915.88$1,270
Apr 199417017914.14$2,404
Mar 199411329312.46$1,408
Feb 199417420812.50$2,175
Jan 199418336512.66$2,317
Dec 199330037412.33$3,699
Nov 199314422114.49$2,087
Oct 199317943515.85$2,837
Sep 1993047715.03$0
Aug 199317561415.66$2,741
Jul 199317348115.46$2,675
Jun 199332023616.79$5,373
May 199318054517.68$3,182
Apr 199316131718.05$2,906
Mar 199318730518.14$3,392
Feb 199318765917.90$3,347
Jan 199333568416.93$5,672

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.

Oct 2001 — as filed, then multipliedworked
Oil                    2 bbl  × $ 19.78 =        $40
Casinghead gas         0 Mcf  × $  2.53 =         $0

────────────────────────────────────────────────────
Month total                                      $40

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/O/2145 is the state's own key, not one this site invented.