GRAHAM EST "965"

Operated by STOVALL OPERATING CO. (P-5 824339) in the TUTTLE field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 25308District 7BField 92009001OilCasinghead gasSaveExport
Value, all time
$1.9 M
Jan 1993 – Feb 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
314
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 13 leases and 44 wells, and the rule below applies to all of them.

Discovered
1950-11-21
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

The Commission's schedule remark for this field reads: REGULAR RULES.

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
OilDisposition65,293 bbl$1,867,402
Casinghead gasProduction5,227 Mcf$0
Total$1,867,402

5,227 Mcf of this lease's gas, across 24 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.

Every month this lease reported (314)

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

314 months

Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 2011107085.644.18$9,163
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20101073.585.44$74
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 2008183037.105.98$6,789
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 20081780101.767.88$18,113
Aug 200800114.228.48$0
Jul 20081820131.0811.39$23,857
Jun 20081810131.3313.03$23,771
May 200800123.1711.57$0
Apr 20081760110.3110.45$19,415
Mar 20081700101.909.66$17,323
Feb 2008167092.538.77$15,453
Jan 20080090.388.21$0
Dec 2007337088.337.30$29,767
Nov 2007179091.677.29$16,409
Oct 20071082.856.92$83
Sep 2007171075.846.24$12,969
Aug 2007171069.066.39$11,809
Jul 2007318070.906.39$22,546
Jun 20073062.007.55$186
May 2007169058.747.85$9,927
Apr 2007360059.617.81$21,460
Mar 20070056.927.30$0
Feb 2007354055.108.22$19,505
Jan 2007175050.306.73$8,803
Dec 2006354056.656.92$20,054
Nov 2006360054.207.62$19,512
Oct 2006168054.906.01$9,223
Sep 2006180060.085.04$10,814
Aug 2006350068.717.34$24,049
Jul 2006177069.376.34$12,278
Jun 2006360066.286.38$23,861
May 2006342066.016.42$22,575
Apr 2006353064.397.36$22,730
Mar 2006173056.707.08$9,809
Feb 2006173057.597.75$9,963
Jan 2006185060.598.93$11,209
Dec 2005360054.9413.42$19,778
Nov 2005183054.6910.59$10,008
Oct 2005332058.3413.80$19,369
Sep 2005178061.4512.08$10,938
Aug 2005169061.519.80$10,395
Jul 2005170055.697.84$9,467
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 2005175050.377.15$8,815
Feb 2005184045.226.31$8,320
Jan 2005364043.166.32$15,710
Dec 2004171039.866.75$6,816
Nov 2004352045.286.33$15,939
Oct 2004351049.706.52$17,445
Sep 2004533043.245.28$23,047
Aug 2004362042.375.55$15,338
Jul 2004541038.286.08$20,709
Jun 2004181036.106.43$6,534
May 2004535037.486.49$20,052
Apr 2004541034.475.86$18,648
Mar 2004552034.365.53$18,967
Feb 2004370032.455.51$12,007
Jan 2004553032.036.30$17,713
Dec 2003544030.266.30$16,461
Nov 2003359028.804.60$10,339
Oct 2003538028.174.76$15,155
Sep 2003729026.314.75$19,180
Aug 2003708029.765.13$21,070
Jul 2003892029.415.17$26,234
Jun 2003723028.565.98$20,649
May 2003719026.595.97$19,118
Apr 2003728026.675.41$19,416
Mar 2003707031.146.10$22,016
Feb 2003551033.487.93$18,447
Jan 2003554030.315.58$16,792
Dec 2002524026.914.85$14,101
Nov 2002729024.664.14$17,977
Oct 20020026.464.23$0
Sep 2002359027.443.64$9,851
Aug 2002355025.963.16$9,216
Jul 2002351024.583.06$8,628
Jun 2002348023.733.34$8,258
May 2002179024.663.58$4,414
Apr 2002175023.653.51$4,139
Mar 2002172022.003.10$3,784
Feb 2002163018.222.38$2,970
Jan 20020017.172.38$0
Dec 2001358016.932.36$6,061
Nov 2001187018.072.41$3,379
Oct 2001177019.782.53$3,501
Sep 2001181024.262.25$4,391
Aug 2001354024.873.05$8,804
Jul 2001178023.933.20$4,260
Jun 2001361024.563.82$8,866
May 2001364025.524.31$9,289
Apr 2001180024.685.34$4,442
Mar 2001537024.545.38$13,178
Feb 2001550027.755.77$15,263
Jan 2001544027.478.40$14,944
Dec 2000548026.889.12$14,730
Nov 2000362032.215.66$11,660
Oct 2000544031.235.15$16,989
Sep 2000717031.875.19$22,851
Aug 2000541029.644.54$16,035
Jul 2000535028.534.09$15,264
Jun 2000540029.304.40$15,822
May 2000540027.263.68$14,720
Apr 2000545024.513.12$13,358
Mar 2000542028.422.86$15,404
Feb 2000538027.622.73$14,860
Jan 2000544025.272.48$13,747
Dec 1999548024.282.42$13,305
Nov 1999545023.192.43$12,639
Oct 1999707020.982.80$14,833
Sep 1999365021.752.62$7,939
Aug 1999326019.262.88$6,279
Jul 1999454017.892.37$8,122
Jun 1999664015.942.36$10,584
May 1999331015.792.32$5,226
Apr 1999508015.102.21$7,671
Mar 1999467012.471.84$5,823
Feb 199950409.981.82$5,030
Jan 1999313010.381.90$3,249
Dec 199851609.201.77$4,747
Nov 1998338010.892.19$3,681
Oct 1998447012.421.97$5,552
Sep 1998458012.592.08$5,766
Aug 1998452011.301.91$5,108
Jul 1998612011.742.24$7,185
Jun 1998291011.242.24$3,271
May 1998495012.622.21$6,247
Apr 1998337013.042.51$4,394
Mar 1998499012.802.31$6,387
Feb 1998320013.952.30$4,464
Jan 1998500014.702.15$7,350
Dec 1997303016.322.41$4,945
Nov 1997268018.193.09$4,875
Oct 1997187019.253.15$3,600
Sep 1997338017.742.95$5,996
Aug 1997431017.862.55$7,698
Jul 1997313017.582.25$5,503
Jun 1997217017.242.26$3,741
May 1997161018.972.31$3,054
Apr 1997297017.882.08$5,310
Mar 1997288018.951.94$5,458
Feb 1997313020.492.21$6,413
Jan 1997485023.483.54$11,388
Dec 1996610023.32$14,225
Nov 1996187021.97$4,108
Oct 1996100023.31$2,331
Sep 1996128022.22$2,844
Aug 1996325020.26$6,585
Jul 1996351019.55$6,862
Jun 1996312018.73$5,844
May 1996179019.43$3,478
Apr 1996326021.51$7,012
Mar 1996336019.38$6,512
Feb 19960016.98$0
Jan 1996155017.07$2,646
Dec 19950017.19$0
Nov 1995171016.00$2,736
Oct 1995337015.43$5,200
Sep 1995164016.18$2,654
Aug 1995178015.92$2,834
Jul 1995151015.24$2,301
Jun 1995158016.41$2,593
May 1995140017.56$2,458
Apr 1995176017.73$3,120
Mar 1995174016.44$2,861
Feb 19950016.58$0
Jan 19950015.92$0
Dec 1994017415.03$0
Nov 199414117715.90$2,242
Oct 1994017715.58$0
Sep 199430517815.29$4,663
Aug 1994017616.13$0
Jul 199432818417.56$5,760
Jun 199416919917.09$2,888
May 199432819515.88$5,209
Apr 199430220014.14$4,270
Mar 199448222212.46$6,006
Feb 199453023412.50$6,625
Jan 199454310612.66$6,874
Dec 199353112812.33$6,547
Nov 199351813014.49$7,506
Oct 199353418315.85$8,464
Sep 199353421715.03$8,026
Aug 199370730115.66$11,072
Jul 199353128315.46$8,209
Jun 199352133716.79$8,748
May 199371822817.68$12,694
Apr 199368428818.05$12,346
Mar 199372638218.14$13,170
Feb 199354522117.90$9,756
Jan 199387130716.93$14,746

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.

Feb 2011 — as filed, then multipliedworked
Oil                  107 bbl  × $ 85.64 =     $9,163
Casinghead gas         0 Mcf  × $  4.18 =         $0

────────────────────────────────────────────────────
Month total                                   $9,163

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/25308 is the state's own key, not one this site invented.