GRAVES "12"

Operated by EXTEX OPERATING COMPANY (P-5 257062) in the OZONA (CANYON SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 88023District 7CField 67995200NGPA filingCondensateGasSaveExport
Value, all time
$879 k
Jan 1993 – May 2026
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
condensate, 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 2,312 leases and 2,323 wells, and the rule below applies to all of them.

Discovered
1962-02-23
as the register files it
Field class
Oil and gas
the register's own label
Between wells
600 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2006-09-12.

The Commission's schedule remark for this field reads: ZONE TO BE SET UP IN OZONA (CANYON SAND, OIL).

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
NGPA2none

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
CondensateDisposition1,266 bbl$20,792
GasProduction307,322 Mcf$858,461
Total$879,252

105,080 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 30.4274, -101.5362. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.42737, -101.53623 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
7,470 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 7,470 ft.

Completions filed
May 1980
1 of 1 wells

1 well

42-1053280317,470 ftMay 1980

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260898.932.87$23
Mar 202602089.753.15$63
Feb 2026027463.503.75$1,028
Jan 2026031559.138.00$2,519
Dec 2025035556.664.41$1,567
Nov 2025017358.593.93$679
Oct 20250059.383.30$0
Sep 2025024662.743.08$757
Aug 2025027363.933.01$823
Jul 2025030966.743.32$1,024
Jun 2025015966.483.13$497
May 2025028560.553.23$921
Apr 2025032962.363.54$1,166
Mar 2025015467.704.27$657
Feb 2025027470.884.34$1,189
Jan 2025029574.324.28$1,262
Dec 2024020868.993.12$649
Nov 2024027169.052.20$596
Oct 2024012871.372.28$292
Sep 2024029369.612.36$693
Aug 2024013075.632.06$268
Jul 202401179.932.15$24
Jun 202408478.082.63$221
May 2024010078.812.20$220
Apr 202407984.451.66$131
Mar 2024026280.301.55$405
Feb 2024024376.091.78$433
Jan 2024025973.023.30$854
Dec 2023025471.262.61$663
Nov 2023025777.892.81$722
Oct 2023025485.443.09$784
Sep 2023025489.042.74$695
Aug 2023026680.522.67$711
Jul 2023026974.852.64$711
Jun 2023025968.962.26$585
May 2023024570.622.23$546
Apr 2023025578.122.24$571
Mar 2023026672.852.39$637
Feb 2023024475.112.47$602
Jan 2023026976.533.39$911
Dec 2022025876.415.73$1,478
Nov 2022026185.005.65$1,474
Oct 2022026887.185.86$1,571
Sep 2022026384.888.16$2,147
Aug 2022027094.529.13$2,464
Jul 20220273101.587.54$2,059
Jun 20220260115.097.98$2,074
May 20220272109.378.43$2,294
Apr 20220281104.226.84$1,921
Mar 20220297108.885.08$1,508
Feb 2022028191.054.86$1,365
Jan 2022031181.844.54$1,411
Dec 2021021071.323.90$819
Nov 2021027977.435.24$1,461
Oct 2021019379.795.71$1,103
Sep 20210169.865.35$5
Aug 2021013266.024.22$557
Jul 202103970.783.98$155
Jun 2021024869.493.38$838
May 20210163.483.02$3
Apr 202105060.362.76$138
Mar 202108361.302.72$226
Feb 2021011957.805.55$660
Jan 2021028050.412.81$787
Dec 2020028244.642.68$754
Nov 2020026738.772.71$723
Oct 2020027636.972.48$684
Sep 2020026437.091.99$526
Aug 2020028039.982.39$668
Jul 2020028938.371.83$527
Jun 2020028634.901.69$483
May 2020027816.921.81$505
Apr 2020040514.751.80$731
Mar 2020028530.341.86$529
Feb 2020034549.881.98$683
Jan 2020021557.252.09$450
Dec 2019045659.012.30$1,051
Nov 20190055.302.75$0
Oct 2019010853.472.42$261
Sep 2019029155.052.66$773
Aug 2019025953.112.30$597
Jul 2019025556.272.46$627
Jun 2019024852.782.49$618
May 2019026758.482.74$732
Apr 2019025362.632.75$696
Mar 2019026756.803.06$818
Feb 2019026250.852.79$732
Jan 2019030546.033.23$985
Dec 2018049246.594.19$2,059
Nov 201801552.934.24$64
Oct 2018020961.443.40$710
Sep 2018031759.543.11$985
Aug 2018019759.403.07$604
Jul 2018027765.142.93$812
Jun 2018026460.183.08$812
May 2018026265.382.90$760
Apr 2018029263.842.90$847
Mar 2018026861.222.79$747
Feb 2018025861.782.77$714
Jan 2018025662.874.01$1,026
Dec 2017031257.272.92$912
Nov 2017026455.423.12$823
Oct 2017026249.292.98$782
Sep 2017026647.523.09$821
Aug 2017026545.373.00$796
Jul 2017026843.873.09$827
Jun 2017025842.493.09$797
May 2017027945.373.26$910
Apr 2017026847.933.21$861
Mar 2017028346.772.98$844
Feb 2017024350.452.95$717
Jan 2017027049.413.42$923
Dec 2016026448.763.72$983
Nov 2016027242.492.64$719
Oct 2016028946.193.09$893
Sep 2016027741.553.10$859
Aug 2016030241.442.92$883
Jul 2016029041.622.92$848
Jun 2016028745.352.69$771
May 2016033042.521.99$657
Apr 2016036136.561.99$719
Mar 201601433.011.79$25
Feb 2016020626.472.06$425
Jan 2016031027.352.36$733
Dec 2015036832.362.00$737
Nov 2015033538.792.17$726
Oct 201503543.552.43$85
Sep 20150042.992.76$0
Aug 20150340.162.87$9
Jul 2015010948.152.95$321
Jun 2015054856.152.88$1,580
May 2015045355.212.96$1,339
Apr 2015035949.822.71$972
Mar 2015037642.892.93$1,103
Feb 2015033944.662.98$1,009
Jan 2015037043.433.10$1,147
Dec 2014036054.693.59$1,293
Nov 2014036870.464.25$1,565
Oct 2014048978.303.90$1,908
Sep 2014054386.164.05$2,197
Aug 2014052289.394.04$2,106
Jul 2014053396.564.18$2,228
Jun 2014032598.164.74$1,539
May 2014021294.734.73$1,002
Apr 2014034995.944.81$1,678
Mar 2014028395.895.06$1,431
Feb 2014043197.406.19$2,669
Jan 2014047490.404.86$2,304
Dec 2013033091.824.35$1,437
Nov 2013043688.853.74$1,630
Oct 2013056397.423.78$2,128
Sep 20130554104.113.72$2,060
Aug 20130420104.253.52$1,480
Jul 20130603102.523.72$2,242
Jun 2013060694.403.93$2,384
May 2013041494.834.15$1,718
Apr 2013059193.964.28$2,531
Mar 2013043793.623.91$1,710
Feb 2013051091.233.42$1,744
Jan 2013057691.603.42$1,970
Dec 2012054086.773.42$1,847
Nov 2012057686.953.62$2,088
Oct 2012057389.383.40$1,948
Sep 2012050694.672.92$1,477
Aug 2012054092.662.91$1,570
Jul 2012056085.133.02$1,692
Jun 2012053279.822.52$1,340
May 2012054591.612.49$1,356
Apr 20120511101.652.00$1,020
Mar 20120521105.052.22$1,158
Feb 20120405101.102.57$1,041
Jan 2012045398.092.73$1,239
Dec 2011049196.873.24$1,591
Nov 2011047495.723.31$1,570
Oct 2011052284.983.65$1,905
Sep 2011050483.623.99$2,009
Aug 2011055483.404.15$2,299
Jul 2011046994.144.52$2,119
Jun 2011050592.904.64$2,343
May 2011053498.134.40$2,352
Apr 20110513105.964.33$2,223
Mar 2011055396.364.06$2,244
Feb 2011053685.644.18$2,240
Jan 2011053986.504.59$2,473
Dec 2010053285.734.35$2,313
Nov 2010051080.843.80$1,936
Oct 2010054778.103.51$1,919
Sep 2010050772.633.98$2,018
Aug 2010069473.684.42$3,067
Jul 2010052172.554.74$2,468
Jun 2010047670.364.91$2,337
May 2010060571.124.24$2,562
Apr 2010046381.694.12$1,909
Mar 2010052578.394.39$2,304
Feb 2010051873.585.44$2,819
Jan 2010051674.365.96$3,077
Dec 2009054871.445.48$3,005
Nov 2009053574.593.75$2,007
Oct 2009056572.544.11$2,322
Sep 2009054365.543.06$1,664
Aug 2009056867.423.22$1,828
Jul 2009056061.133.46$1,940
Jun 2009050166.163.90$1,951
May 2009055454.743.93$2,175
Apr 2009060546.773.59$2,170
Mar 2009060742.144.06$2,464
Feb 2009060032.814.63$2,780
Jan 2009065135.865.37$3,497
Dec 2008054737.105.98$3,270
Nov 2008069655.496.86$4,775
Oct 2008059775.246.92$4,132
Sep 20080488101.767.88$3,844
Aug 20080657114.228.48$5,573
Jul 20080630131.0811.39$7,175
Jun 20080577131.3313.03$7,520
May 20080725123.1711.57$8,391
Apr 20080739110.3110.45$7,726
Mar 20080780101.909.66$7,538
Feb 2008074592.538.77$6,534
Jan 2008078890.388.21$6,466
Dec 2007080888.337.30$5,900
Nov 2007077991.677.29$5,680
Oct 2007080882.856.92$5,593
Sep 2007079275.846.24$4,945
Aug 2007082669.066.39$5,276
Jul 2007087970.906.39$5,615
Jun 200701,34362.007.55$10,138
May 2007074758.747.85$5,861
Apr 2007062159.617.81$4,847
Mar 2007066856.927.30$4,878
Feb 2007058755.108.22$4,823
Jan 2007075250.306.73$5,059
Dec 2006072956.656.92$5,044
Nov 2006065054.207.62$4,951
Oct 2006056354.906.01$3,386
Sep 2006055060.085.04$2,770
Aug 2006056868.717.34$4,169
Jul 2006055269.376.34$3,501
Jun 2006069566.286.38$4,437
May 2006043366.016.42$2,782
Apr 2006041964.397.36$3,084
Mar 2006043156.707.08$3,053
Feb 2006038857.597.75$3,007
Jan 2006065760.598.93$5,869
Dec 2005033654.9413.42$4,508
Nov 2005038654.6910.59$4,087
Oct 2005033958.3413.80$4,677
Sep 2005033061.4512.08$3,986
Aug 2005051861.519.80$5,075
Jul 2005066555.697.84$5,216
Jun 2005069852.337.38$5,152
May 2005064845.226.65$4,310
Apr 2005063649.207.36$4,681
Mar 2005069850.377.15$4,994
Feb 2005062745.226.31$3,958
Jan 2005059243.166.32$3,743
Dec 2004041939.866.75$2,829
Nov 2004054045.286.33$3,418
Oct 2004073549.706.52$4,789
Sep 2004054443.245.28$2,874
Aug 2004069642.375.55$3,863
Jul 2004081038.286.08$4,928
Jun 2004082836.106.43$5,327
May 2004088837.486.49$5,767
Apr 2004084334.475.86$4,939
Mar 2004075234.365.53$4,159
Feb 2004076632.455.51$4,220
Jan 2004078532.036.30$4,945
Dec 2003069630.266.30$4,386
Nov 2003070928.804.60$3,258
Oct 2003071828.174.76$3,417
Sep 2003075126.314.75$3,567
Aug 2003074229.765.13$3,806
Jul 2003076129.415.17$3,935
Jun 2003060828.565.98$3,638
May 2003095426.595.97$5,698
Apr 2003086826.675.41$4,694
Mar 2003046631.146.10$2,841
Feb 2003041333.487.93$3,273
Jan 2003051530.315.58$2,875
Dec 2002081526.914.85$3,956
Nov 2002083024.664.14$3,434
Oct 2002077026.464.23$3,256
Sep 2002069727.443.64$2,534
Aug 2002080425.963.16$2,544
Jul 2002082824.583.06$2,535
Jun 2002082823.733.34$2,764
May 2002069724.663.58$2,498
Apr 2002086323.653.51$3,031
Mar 2002077922.003.10$2,417
Feb 2002076518.222.38$1,817
Jan 2002096517.172.38$2,293
Dec 200101,17916.932.36$2,788
Nov 2001084218.072.41$2,025
Oct 2001096619.782.53$2,443
Sep 2001088224.262.25$1,986
Aug 2001095924.873.05$2,928
Jul 2001094523.933.20$3,021
Jun 2001098324.563.82$3,759
May 2001095825.524.31$4,126
Apr 2001095824.685.34$5,111
Mar 2001087624.545.38$4,710
Feb 2001099027.755.77$5,709
Jan 200101,30827.478.40$10,986
Dec 200001,22426.889.12$11,166
Nov 200001,34932.215.66$7,633
Oct 200001,51531.235.15$7,795
Sep 200001,56931.875.19$8,138
Aug 200001,01829.644.54$4,622
Jul 200001,10928.534.09$4,536
Jun 200001,32529.304.40$5,826
May 200001,28127.263.68$4,714
Apr 200001,22224.513.12$3,808
Mar 200001,29328.422.86$3,698
Feb 200001,24827.622.73$3,403
Jan 200001,41525.272.48$3,510
Dec 199901,57324.282.42$3,813
Nov 199901,44323.192.43$3,512
Oct 199901,54120.982.80$4,321
Sep 199901,48921.752.62$3,899
Aug 199901,47219.262.88$4,233
Jul 199901,49817.892.37$3,554
Jun 199901,62615.942.36$3,841
May 199901,63515.792.32$3,795
Apr 199901,04015.102.21$2,296
Mar 199901,19212.471.84$2,191
Feb 199901,1449.981.82$2,080
Jan 199901,22210.381.90$2,322
Dec 199801,6089.201.77$2,852
Nov 199801,09410.892.19$2,391
Oct 1998097912.421.97$1,928
Sep 199801,13512.592.08$2,364
Aug 199801,26311.301.91$2,409
Jul 199801,69411.742.24$3,790
Jun 199821,87011.242.24$4,206
May 19981687912.622.21$2,141
Apr 19981799713.042.51$2,719
Mar 19982196012.802.31$2,486
Feb 19981354713.952.30$1,439
Jan 19981351714.702.15$1,305
Dec 1997221,16516.322.41$3,168
Nov 1997301,36818.193.09$4,770
Oct 1997361,76319.253.15$6,246
Sep 1997141,83717.742.95$5,676
Aug 199761,30417.862.55$3,439
Jul 1997101,12817.582.25$2,710
Jun 1997111,51917.242.26$3,618
May 1997121,80118.972.31$4,385
Apr 1997131,57917.882.08$3,521
Mar 1997101,69318.951.94$3,472
Feb 199791,32920.492.21$3,116
Jan 1997121,30923.483.54$4,915
Dec 1996111,35423.32$257
Nov 1996161,26621.97$352
Oct 1996201,43923.31$466
Sep 199681,13822.22$178
Aug 1996101,41820.26$203
Jul 199681,47419.55$156
Jun 1996121,89518.73$225
May 1996121,32219.43$233
Apr 1996141,51221.51$301
Mar 1996141,53319.38$271
Feb 1996161,54816.98$272
Jan 1996171,95017.07$290
Dec 1995171,69717.19$292
Nov 1995341,66316.00$544
Oct 1995161,87815.43$247
Sep 1995191,86716.18$307
Aug 1995192,16315.92$302
Jul 199502,27215.24$0
Jun 199551,99016.41$82
May 199501,91217.56$0
Apr 1995151,77317.73$266
Mar 1995161,84316.44$263
Feb 1995141,81916.58$232
Jan 1995402,47815.92$637
Dec 1994191,66915.03$286
Nov 1994151,70415.90$239
Oct 1994172,18115.58$265
Sep 1994252,75215.29$382
Aug 1994273,90616.13$436
Jul 199401,80817.56$0
Jun 1994121,52117.09$205
May 1994141,73315.88$222
Apr 1994222,46914.14$311
Mar 1994463,07512.46$573
Feb 1994242,61212.50$300
Jan 1994603,75612.66$760
Dec 1993263,59012.33$321
Nov 1993633,80114.49$913
Oct 1993273,06815.85$428
Sep 1993192,01015.03$286
Aug 1993172,34115.66$266
Jul 1993162,52615.46$247
Jun 1993172,28516.79$285
May 1993162,26817.68$283
Apr 1993162,51918.05$289
Mar 1993382,76818.14$689
Feb 1993483,39217.90$859
Jan 1993624,12216.93$1,050

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.

Apr 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                    8 Mcf  × $  2.87 =        $23

────────────────────────────────────────────────────
Month total                                      $23

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. 7C/G/88023 is the state's own key, not one this site invented.