M. K. GRAHAM EST 409

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

Oil lease lease 31415District 7BField 89812001OilCasinghead gasSaveExport
Value, all time
$1.5 M
Feb 2014 – May 2026
Value, last 12 filed months
$100 k
at the published price for each month
Months reported
148
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 1,000 leases and 3,227 wells, and the rule below applies to all of them.

Discovered
1924-12-31
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: CLASS 4 W/DAILY 81 = 6000 TO 8000'

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
OilDisposition20,223 bbl$1,335,308
Casinghead gasProduction41,717 Mcf$143,775
Total$1,479,083

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 32.5814, -99.8344. A lease has no coordinate of its own — that point is the mean of its wells, and they span 95.7 miles, so treat it as the lease's centre and not as its location.

32.58142, -99.83442 · 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
5,548 ft
2 wells filed one
Completion to plug
16.2 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 4,695 and 6,400 ft, median 5,548 ft, over the 2 wells that filed a depth.

Completions filed
Jun 1982 – Feb 2014
2 of 2 wells
Plug dates filed
Aug 1998
1 of 2 wells; 1 filed none

Last completion to plug: a median of 16.2 years across the 1 well that filed both dates, with the middle half between 16.2 years and 16.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-4473652114,695 ftFeb 2014
42-3533107826,400 ftJun 1982Aug 1998Yes

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 (148)

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

148 months

May 2026182291106.413.05$20,253
Apr 2026014798.932.87$422
Mar 202618119689.753.15$16,862
Feb 2026015063.503.75$563
Jan 202617813759.138.00$11,621
Dec 2025024056.664.41$1,059
Nov 202518742458.593.93$12,621
Oct 2025043759.383.30$1,444
Sep 202532338062.743.08$21,434
Aug 2025013563.933.01$407
Jul 202518220166.743.32$12,813
Jun 2025024466.483.13$763
May 202518412560.553.23$11,545
Apr 2025034962.363.54$1,237
Mar 202518350667.704.27$14,549
Feb 202518531870.884.34$14,493
Jan 202518644574.324.28$15,728
Dec 202417625368.993.12$12,932
Nov 20241848369.052.20$12,888
Oct 2024011871.372.28$269
Sep 202418413169.612.36$13,118
Aug 2024021775.632.06$448
Jul 202416912279.932.15$13,770
Jun 2024039978.082.63$1,051
May 202418128478.812.20$14,889
Apr 202418633284.451.66$16,259
Mar 2024044880.301.55$692
Feb 202418422376.091.78$14,398
Jan 2024040773.023.30$1,342
Dec 202316839271.262.61$12,995
Nov 202317445577.892.81$14,830
Oct 202317953885.443.09$16,955
Sep 202317436489.042.74$16,489
Aug 202321246580.522.67$18,313
Jul 202318343774.852.64$14,852
Jun 202318430368.962.26$13,373
May 2023043870.622.23$976
Apr 202318741778.122.24$15,542
Mar 202335132272.852.39$26,341
Feb 2023185075.112.47$13,895
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 2022173085.005.65$14,705
Oct 202216739687.185.86$16,881
Sep 202216937484.888.16$17,398
Aug 202217738094.529.13$20,198
Jul 2022173381101.587.54$20,447
Jun 2022184328115.097.98$23,793
May 2022188353109.378.43$23,538
Apr 202235348104.226.84$6,027
Mar 2022182388108.885.08$21,786
Feb 202218030791.054.86$17,881
Jan 202217132081.844.54$15,447
Dec 202117937571.323.90$14,228
Nov 202125534277.435.24$21,536
Oct 202118134079.795.71$16,385
Sep 2021040669.865.35$2,172
Aug 202118140266.024.22$13,646
Jul 202117535570.783.98$13,800
Jun 202117541669.493.38$13,567
May 202118031963.483.02$12,389
Apr 2021034160.362.76$941
Mar 202117444061.302.72$11,862
Feb 202117133057.805.55$11,715
Jan 202117438950.412.81$9,865
Dec 202035645044.642.68$17,096
Nov 202018640238.772.71$8,299
Oct 202018446036.972.48$7,943
Sep 2020187037.091.99$6,936
Aug 2020048139.982.39$1,147
Jul 202016648938.371.83$7,262
Jun 202035644534.901.69$13,177
May 2020022416.921.81$407
Apr 202018343414.751.80$3,482
Mar 202017249530.341.86$6,137
Feb 20201744649.881.98$8,770
Jan 202019731157.252.09$11,930
Dec 201917036659.012.30$10,875
Nov 201917938855.302.75$10,966
Oct 201951053053.472.42$28,552
Sep 2019013955.052.66$369
Aug 201934230553.112.30$18,866
Jul 201918042456.272.46$11,172
Jun 201918635052.782.49$10,689
May 201935029358.482.74$21,271
Apr 201916925962.632.75$11,297
Mar 201917528256.803.06$10,804
Feb 201935424750.852.79$18,691
Jan 20190046.033.23$0
Dec 201803646.594.19$151
Nov 20180052.934.24$0
Oct 20180961.443.40$31
Sep 201809759.543.11$301
Aug 20181627259.403.07$9,844
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 201808965.382.90$258
Apr 201803463.842.90$99
Mar 201817013061.222.79$10,770
Feb 201809861.782.77$271
Jan 201818319062.874.01$12,267
Dec 2017019857.272.92$578
Nov 201717516455.423.12$10,210
Oct 2017011449.292.98$340
Sep 201717320547.523.09$8,854
Aug 2017026145.373.00$784
Jul 20171704743.873.09$7,603
Jun 201717227642.493.09$8,160
May 2017011845.373.26$385
Apr 201717025847.933.21$8,977
Mar 2017030246.772.98$901
Feb 201718617050.452.95$9,886
Jan 201718731349.413.42$10,310
Dec 2016024748.763.72$920
Nov 201619028142.492.64$8,816
Oct 201618833646.193.09$9,722
Sep 2016030141.553.10$933
Aug 2016011841.442.92$345
Jul 201618532141.622.92$8,638
Jun 201618430245.352.69$9,156
May 2016029242.521.99$581
Apr 201618727936.561.99$7,392
Mar 2016029733.011.79$533
Feb 201618929826.472.06$5,618
Jan 2016025727.352.36$608
Dec 2015016232.362.00$324
Nov 201517220238.792.17$7,110
Oct 2015029743.552.43$721
Sep 201517929742.992.76$8,514
Aug 2015023640.162.87$678
Jul 201507248.152.95$212
Jun 2015031856.152.88$917
May 201537839455.212.96$22,034
Apr 201518746249.822.71$10,567
Mar 201537148742.892.93$17,341
Feb 2015017144.662.98$509
Jan 20150043.433.10$0
Dec 201404454.693.59$158
Nov 20140070.464.25$0
Oct 201417417678.303.90$14,311
Sep 201418735486.164.05$17,544
Aug 201437256389.394.04$35,525
Jul 201436656896.564.18$37,715
Jun 201437454998.164.74$39,312
May 201437658494.734.73$38,379
Apr 201419058295.944.81$21,028
Mar 201437459395.895.06$38,862
Feb 2014037397.406.19$2,310

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
Oil                  182 bbl  × $106.41 =    $19,367
Casinghead gas       291 Mcf  × $  3.05 =       $886

────────────────────────────────────────────────────
Month total                                  $20,253

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/31415 is the state's own key, not one this site invented.