GRAVES, R.

Operated by PETEX (P-5 659782) in the JONES COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27231District 7BField 47113001OilCasinghead gasSaveExport
Value, all time
$608 k
Jul 1994 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
383
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 738 leases and 1,432 wells, and the rule below applies to all of them.

Discovered
1926-12-31
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

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
OilDisposition23,462 bbl$589,457
Casinghead gasProduction15,433 Mcf$18,109
Total$607,567

9,631 Mcf of this lease's gas, across 30 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 (2)

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 32.5978, -100.0639. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.59781, -100.06394 · 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
50.0%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
2,929 ft
2 wells filed one
Completion to plug
5.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

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 2,880 and 2,978 ft, median 2,929 ft, over the 2 wells that filed a depth.

Completions filed
Jul 1994 – Aug 1994
2 of 2 wells
Plug dates filed
May 2000
1 of 2 wells; 1 filed none

Last completion to plug: a median of 5.8 years across the 1 well that filed both dates, with the middle half between 5.8 years and 5.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-25330116132,978 ftAug 1994May 2000Yes
42-25334108142,880 ftJul 1994

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 (383)

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

383 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
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 20110085.644.18$0
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 20100073.585.44$0
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 2009201032.814.63$6,595
Jan 200992035.865.37$3,299
Dec 20080037.105.98$0
Nov 2008187055.496.86$10,377
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 20081860131.3313.03$24,427
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 20081840101.909.66$18,750
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 2007194088.337.30$17,136
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 2007191075.846.24$14,485
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 2007190058.747.85$11,161
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 2006169056.656.92$9,574
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 2006201060.085.04$12,076
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20062066.286.38$133
May 2006214066.016.42$14,126
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 2006208060.598.93$12,603
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 2005192061.519.80$11,810
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 2005192049.207.36$9,446
Mar 20050050.377.15$0
Feb 2005192045.226.31$8,682
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 2004196045.286.33$8,875
Oct 20040049.706.52$0
Sep 2004186043.245.28$8,043
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 2004186036.106.43$6,715
May 20040037.486.49$0
Apr 2004195034.475.86$6,722
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 2004197032.036.30$6,310
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 2003194028.174.76$5,465
Sep 2003198026.314.75$5,209
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 2003174026.595.97$4,627
Apr 20030026.675.41$0
Mar 2003186031.146.10$5,792
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 2002182024.664.14$4,488
Oct 20020026.464.23$0
Sep 2002182027.443.64$4,994
Aug 2002189025.963.16$4,906
Jul 20020024.583.06$0
Jun 2002180023.733.34$4,271
May 20020024.663.58$0
Apr 2002184023.653.51$4,352
Mar 20020022.003.10$0
Feb 2002195018.222.38$3,553
Jan 2002196017.172.38$3,365
Dec 20010016.932.36$0
Nov 20011623218.072.41$3,004
Oct 200103219.782.53$81
Sep 200105024.262.25$113
Aug 200117510524.873.05$4,673
Jul 2001010723.933.20$342
Jun 20011758624.563.82$4,627
May 200107425.524.31$319
Apr 20011888124.685.34$5,072
Mar 200107924.545.38$425
Feb 200105327.755.77$306
Jan 20011794927.478.40$5,329
Dec 20001836426.889.12$5,503
Nov 2000013632.215.66$769
Oct 200017415131.235.15$6,211
Sep 2000015731.875.19$814
Aug 200017116229.644.54$5,804
Jul 200017816428.534.09$5,749
Jun 200017610529.304.40$5,619
May 200005827.263.68$213
Apr 200018612224.513.12$4,939
Mar 2000012928.422.86$369
Feb 200017710927.622.73$5,186
Jan 200018811025.272.48$5,024
Dec 1999011324.282.42$274
Nov 199917510823.192.43$4,321
Oct 199918611120.982.80$4,213
Sep 1999010421.752.62$272
Aug 19991728019.262.88$3,543
Jul 19991734417.892.37$3,199
Jun 199906615.942.36$156
May 19991685615.792.32$2,783
Apr 19991797015.102.21$2,857
Mar 199904912.471.84$90
Feb 1999177379.981.82$1,834
Jan 19991754410.381.90$1,900
Dec 19980799.201.77$140
Nov 19981777110.892.19$2,083
Oct 19981763812.421.97$2,261
Sep 19981754912.592.08$2,305
Aug 19981757111.301.91$2,113
Jul 199804811.742.24$107
Jun 199817914911.242.24$2,345
May 19981654412.622.21$2,179
Apr 199817112513.042.51$2,543
Mar 1998015012.802.31$346
Feb 199817512513.952.30$2,729
Jan 199817615014.702.15$2,910
Dec 199717815516.322.41$3,279
Nov 1997012218.193.09$377
Oct 199717712919.253.15$3,814
Sep 199717010017.742.95$3,311
Aug 199716712417.862.55$3,299
Jul 199718013217.582.25$3,461
Jun 199718614417.242.26$3,532
May 199716917018.972.31$3,598
Apr 199717114217.882.08$3,353
Mar 199717214518.951.94$3,541
Feb 199718112220.492.21$3,978
Jan 199718112123.483.54$4,678
Dec 199617414823.32$4,058
Nov 199617514821.97$3,845
Oct 199617816823.31$4,149
Sep 199617618322.22$3,911
Aug 199617521120.26$3,546
Jul 199618030619.55$3,519
Jun 199617434618.73$3,259
May 199617335319.43$3,361
Apr 199617632621.51$3,786
Mar 199634631219.38$6,705
Feb 199617123016.98$2,904
Jan 199634532717.07$5,889
Dec 199516829017.19$2,888
Nov 199517129616.00$2,736
Oct 199534837815.43$5,370
Sep 199518129616.18$2,929
Aug 199535238315.92$5,604
Jul 199517233715.24$2,621
Jun 199535038916.41$5,744
May 199535239017.56$6,181
Apr 199535127017.73$6,223
Mar 199534932516.44$5,738
Feb 199554623216.58$9,053
Jan 199554025215.92$8,597
Dec 199470431215.03$10,581
Nov 199452439915.90$8,332
Oct 199469646315.58$10,844
Sep 199469154715.29$10,565
Aug 19941,49174816.13$24,050
Jul 1994026617.56$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.

Feb 2009 — as filed, then multipliedworked
Oil                  201 bbl  × $ 32.81 =     $6,595
Casinghead gas         0 Mcf  × $  4.63 =         $0

────────────────────────────────────────────────────
Month total                                   $6,595

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/27231 is the state's own key, not one this site invented.