GRACELYN

Operated by SUMMIT PETROLEUM LLC (P-5 829221) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18607District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$11.5 M
Jun 2014 – May 2026
Value, last 12 filed months
$312 k
at the published price for each month
Months reported
144
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 7,461 leases and 22,481 wells, and the rule below applies to all of them.

Discovered
1904-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2016-03-08.

The Commission's schedule remark for this field reads: AREA) 85279200.

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
OilDisposition130,769 bbl$8,448,541
Casinghead gasProduction938,540 Mcf$3,080,036
Total$11,528,576

Wells on this lease (3)

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 31.3550, -102.1372. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

31.35447, -102.13680 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
9,935 ft
3 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.
3100.0%

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 9,925 and 9,960 ft, median 9,935 ft, over the 3 wells that filed a depth.

Completions filed
Jun 2014
3 of 3 wells

3 wells

42-4613918923119,935 ftJun 2014
42-4613919023159,925 ftJun 2014
42-4613912123039,960 ftJun 2014

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 (144)

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

144 months

May 20263182,658106.413.05$41,934
Apr 202602,75898.932.87$7,915
Mar 202603,10789.753.15$9,785
Feb 20263392,96863.503.75$32,657
Jan 202602,96759.138.00$23,730
Dec 20253774,25856.664.41$40,153
Nov 202503,46458.593.93$13,601
Oct 20253714,09459.383.30$35,560
Sep 20251383,77062.743.08$20,258
Aug 20251403,90763.933.01$20,729
Jul 20252534,00166.743.32$30,149
Jun 20253463,84766.483.13$35,038
May 202513,87660.553.23$12,589
Apr 20253943,82862.363.54$38,133
Mar 20252073,98767.704.27$31,032
Feb 20252073,60770.884.34$30,330
Jan 20252143,85274.324.28$32,386
Dec 20244143,98268.993.12$40,991
Nov 20241983,79569.052.20$22,015
Oct 20241944,11371.372.28$23,229
Sep 20242063,70169.612.36$23,090
Aug 20243953,82375.632.06$37,763
Jul 20242063,94579.932.15$24,934
Jun 20242023,92878.082.63$26,118
May 20241994,12378.812.20$24,747
Apr 20241964,08684.451.66$23,332
Mar 20244314,24180.301.55$41,162
Feb 20242033,94376.091.78$22,479
Jan 20242193,99773.023.30$29,172
Dec 20234324,03971.262.61$41,329
Nov 20231944,03477.892.81$26,436
Oct 20233884,36585.443.09$46,627
Sep 20232224,18389.042.74$31,208
Aug 20231904,50980.522.67$27,351
Jul 20232254,47074.852.64$28,650
Jun 20233784,40268.962.26$36,009
May 20231914,53070.622.23$23,579
Apr 20232574,42478.122.24$29,977
Mar 20236024,46772.852.39$54,546
Feb 202304,03775.112.47$9,954
Jan 20233844,32276.533.39$44,029
Dec 20223984,41576.415.73$55,705
Nov 20223583,97785.005.65$52,885
Oct 20224053,74287.185.86$57,250
Sep 202204,66684.888.16$38,092
Aug 20223784,95594.529.13$80,954
Jul 20223815,044101.587.54$76,744
Jun 20224074,755115.097.98$84,773
May 20223865,056109.378.43$84,854
Apr 20224044,670104.226.84$74,036
Mar 20224524,794108.885.08$73,550
Feb 20224294,25091.054.86$59,711
Jan 20224624,52181.844.54$58,325
Dec 20218964,73271.323.90$82,353
Nov 202104,70577.435.24$24,639
Oct 20214314,83079.795.71$61,987
Sep 20212924,78669.865.35$46,009
Aug 20214644,88466.024.22$51,247
Jul 20213735,39170.783.98$47,868
Jun 20214882,69669.493.38$43,025
May 20212534,94663.483.02$30,986
Apr 20216494,76260.362.76$52,309
Mar 20213745,04961.302.72$36,644
Feb 20215754,05457.805.55$55,726
Jan 20213644,98950.412.81$32,370
Dec 20207264,74044.642.68$45,090
Nov 20203864,91538.772.71$28,268
Oct 20203585,03936.972.48$25,724
Sep 202004,97237.091.99$9,899
Aug 20204545,26239.982.39$30,701
Jul 20204094,81338.371.83$24,478
Jun 20208653,91034.901.69$36,798
May 202003,99416.921.81$7,248
Apr 20207835,08314.751.80$20,721
Mar 20204224,70530.341.86$21,537
Feb 20204594,87449.881.98$32,549
Jan 20204094,88857.252.09$33,654
Dec 20194225,20059.012.30$36,885
Nov 20193814,98455.302.75$34,779
Oct 20198505,29853.472.42$58,263
Sep 20194595,27555.052.66$39,285
Aug 20194125,48753.112.30$34,525
Jul 20194065,03756.272.46$35,237
Jun 20194155,25752.782.49$35,000
May 20194214,34758.482.74$36,532
Apr 20194335,31762.632.75$41,744
Mar 20198166,36256.803.06$65,830
Feb 20193985,26050.852.79$34,925
Jan 20198035,80946.033.23$55,715
Dec 20184105,74246.594.19$43,135
Nov 20183775,63652.934.24$43,836
Oct 20188985,76161.443.40$74,749
Sep 20184225,80759.543.11$43,174
Aug 20184655,55459.403.07$44,653
Jul 20184656,45165.142.93$49,204
Jun 20184646,20460.183.08$47,013
May 20189406,37865.382.90$79,959
Apr 20184676,43163.842.90$48,468
Mar 20184446,74661.222.79$45,982
Feb 20189405,83961.782.77$74,225
Jan 20184525,87662.874.01$51,976
Dec 20174696,49357.272.92$45,829
Nov 20178896,46955.423.12$69,441
Oct 20174426,70949.292.98$41,804
Sep 20179275,44347.523.09$60,855
Aug 20173735,02945.373.00$32,032
Jul 20171,4075,19343.873.09$77,757
Jun 20179197,26642.493.09$61,480
May 20174497,83545.373.26$45,940
Apr 20179357,70747.933.21$69,566
Mar 20179508,25446.772.98$69,059
Feb 20179266,48350.452.95$65,858
Jan 20174697,36649.413.42$48,356
Dec 20168787,43248.763.72$70,479
Nov 20169337,91742.492.64$60,578
Oct 20169337,33546.193.09$65,762
Sep 20169227,28041.553.10$60,882
Aug 20169097,70241.442.92$60,192
Jul 20169317,92241.622.92$61,915
Jun 20168728,05845.352.69$61,188
May 20161,3816,31542.521.99$71,294
Apr 20164258,58236.561.99$32,625
Mar 20161,2849,41533.011.79$59,275
Feb 20168409,11226.472.06$41,039
Jan 20161,69210,29427.352.36$70,615
Dec 20151,2409,87732.362.00$59,894
Nov 20151,24410,64638.792.17$71,328
Oct 20151,26012,25843.552.43$84,618
Sep 20151,62212,29242.992.76$103,636
Aug 20151,26311,78540.162.87$84,574
Jul 20151,67512,57948.152.95$117,697
Jun 20151,75113,14656.152.88$136,217
May 20151,76515,27455.212.96$142,587
Apr 20152,27716,49249.822.71$158,077
Mar 20153,12318,66442.892.93$188,719
Feb 20152,37915,00844.662.98$150,913
Jan 20153,25715,09343.433.10$188,249
Dec 20143,87925,53754.693.59$303,855
Nov 20146,46727,65070.464.25$573,228
Oct 20146,05823,02978.303.90$564,177
Sep 201411,24625,44386.164.05$1,071,883
Aug 201414,42525,61189.394.04$1,392,794
Jul 20146,2795,22896.564.18$628,151
Jun 201472398798.164.74$75,645

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                  318 bbl  × $106.41 =    $33,838
Casinghead gas     2,658 Mcf  × $  3.05 =     $8,096

────────────────────────────────────────────────────
Month total                                  $41,934

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/O/18607 is the state's own key, not one this site invented.