GRAYSON, H. S.

Operated by TROJAN OIL COMPANY, LLC (P-5 871181) in the GRAYSON field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 542District 7CField 36565001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$9.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$363 k
at the published price for each month
Months reported
401
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 2 leases and 9 wells, and the rule below applies to all of them.

Discovered
1928-12-31
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

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

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
OilDisposition204,609 bbl$9,183,937
Casinghead gasProduction21 Mcf$0
Total$9,183,937

21 Mcf of this lease's gas, across 21 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 (8)

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 31.1344, -101.6169. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.13415, -101.61707 · 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
12.5%
1 of 8 wells
With a plug date
12.5%
1 of 8 wells
Median depth
3,191 ft
5 wells filed one
Completion to plug
32.4 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
112.5%
A plug date is filed
112.5%
BothOn the schedule and plugged. Neither fact cancels the other.
112.5%
NeitherNo plug date, and not on the schedule.
787.5%

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

Total depth in feet, 5 of 8 wells. Median 3,191 ft, with the middle half between 3,180 and 3,200 ft; the shallowest is 3,160 ft and the deepest 3,238 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 5 of 8 wells, Apr 1965 – May 1982. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Apr 1965 – May 1982
5 of 8 wells; 3 filed none
Plug dates filed
Sep 1997
1 of 8 wells; 7 filed none

Last completion to plug: a median of 32.4 years across the 1 well that filed both dates, with the middle half between 32.4 years and 32.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

8 wells

42-383013244
42-383013618
42-383013837
42-38332116123,180 ftMay 1982
42-38332115113,200 ftMay 1982
42-38331812103,238 ftMar 1981
42-3833181393,191 ftMar 1981
42-3830136623,160 ftApr 1965Sep 1997Yes

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 20264970106.413.05$52,886
Apr 2026325098.932.87$32,152
Mar 2026503089.753.15$45,144
Feb 2026333063.503.75$21,146
Jan 2026333059.138.00$19,690
Dec 2025351056.664.41$19,888
Nov 2025507058.593.93$29,705
Oct 2025329059.383.30$19,536
Sep 2025492062.743.08$30,868
Aug 2025515063.933.01$32,924
Jul 2025355066.743.32$23,693
Jun 2025533066.483.13$35,434
May 2025357060.553.23$21,616
Apr 2025505062.363.54$31,492
Mar 2025338067.704.27$22,883
Feb 2025323070.884.34$22,894
Jan 2025319074.324.28$23,708
Dec 2024543068.993.12$37,462
Nov 2024366069.052.20$25,272
Oct 2024551071.372.28$39,325
Sep 2024363069.612.36$25,268
Aug 2024343075.632.06$25,941
Jul 2024468079.932.15$37,407
Jun 2024329078.082.63$25,688
May 2024446078.812.20$35,149
Apr 2024452084.451.66$38,171
Mar 2024454080.301.55$36,456
Feb 2024471076.091.78$35,838
Jan 2024343073.023.30$25,046
Dec 2023509071.262.61$36,271
Nov 2023451077.892.81$35,128
Oct 2023152085.443.09$12,987
Sep 2023449089.042.74$39,979
Aug 2023461080.522.67$37,120
Jul 2023318074.852.64$23,802
Jun 2023144068.962.26$9,930
May 2023307070.622.23$21,680
Apr 2023173078.122.24$13,515
Mar 2023169072.852.39$12,312
Feb 2023146075.112.47$10,966
Jan 2023442076.533.39$33,826
Dec 2022170076.415.73$12,990
Nov 2022482085.005.65$40,970
Oct 20220087.185.86$0
Sep 2022339084.888.16$28,774
Aug 2022355094.529.13$33,555
Jul 20221760101.587.54$17,878
Jun 20223120115.097.98$35,908
May 20221750109.378.43$19,140
Apr 20223350104.226.84$34,914
Mar 20223330108.885.08$36,257
Feb 2022323091.054.86$29,409
Jan 2022331081.844.54$27,089
Dec 2021609071.323.90$43,434
Nov 2021608077.435.24$47,077
Oct 20210079.795.71$0
Sep 2021480069.865.35$33,533
Aug 2021328066.024.22$21,655
Jul 2021325070.783.98$23,004
Jun 20210069.493.38$0
May 2021489063.483.02$31,042
Apr 2021164060.362.76$9,899
Mar 2021662061.302.72$40,581
Feb 20210057.805.55$0
Jan 2021643050.412.81$32,414
Dec 2020359044.642.68$16,026
Nov 2020319038.772.71$12,368
Oct 2020482036.972.48$17,820
Sep 2020317037.091.99$11,758
Aug 2020490039.982.39$19,590
Jul 2020325038.371.83$12,470
Jun 20201,138034.901.69$39,716
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 2020485049.881.98$24,192
Jan 2020632057.252.09$36,182
Dec 2019486059.012.30$28,679
Nov 2019328055.302.75$18,138
Oct 2019464053.472.42$24,810
Sep 2019484055.052.66$26,644
Aug 2019647053.112.30$34,362
Jul 2019487056.272.46$27,403
Jun 2019320052.782.49$16,890
May 2019333058.482.74$19,474
Apr 2019511062.632.75$32,004
Mar 2019509056.803.06$28,911
Feb 2019539050.852.79$27,408
Jan 2019334046.033.23$15,374
Dec 2018526046.594.19$24,506
Nov 2018513052.934.24$27,153
Oct 2018174061.443.40$10,691
Sep 2018520059.543.11$30,961
Aug 2018504059.403.07$29,938
Jul 2018611065.142.93$39,801
Jun 2018517060.183.08$31,113
May 2018502065.382.90$32,821
Apr 2018514063.842.90$32,814
Mar 2018669061.222.79$40,956
Feb 2018506061.782.77$31,261
Jan 2018665062.874.01$41,809
Dec 2017490057.272.92$28,062
Nov 2017708055.423.12$39,237
Oct 2017672049.292.98$33,123
Sep 2017517047.523.09$24,568
Aug 2017505045.373.00$22,912
Jul 2017690043.873.09$30,270
Jun 2017504042.493.09$21,415
May 2017507045.373.26$23,003
Apr 2017673047.933.21$32,257
Mar 2017673046.772.98$31,476
Feb 2017533050.452.95$26,890
Jan 2017353049.413.42$17,442
Dec 2016163048.763.72$7,948
Nov 2016152042.492.64$6,458
Oct 2016151046.193.09$6,975
Sep 2016144041.553.10$5,983
Aug 2016352041.442.92$14,587
Jul 2016491041.622.92$20,435
Jun 2016323045.352.69$14,648
May 2016324042.521.99$13,776
Apr 2016164036.561.99$5,996
Mar 2016475033.011.79$15,680
Feb 2016489026.472.06$12,944
Jan 2016492027.352.36$13,456
Dec 2015338032.362.00$10,938
Nov 2015330038.792.17$12,801
Oct 2015645043.552.43$28,090
Sep 2015163042.992.76$7,007
Aug 2015474040.162.87$19,036
Jul 2015160048.152.95$7,704
Jun 2015530056.152.88$29,760
May 20150055.212.96$0
Apr 2015349049.822.71$17,387
Mar 2015493042.892.93$21,145
Feb 2015360044.662.98$16,078
Jan 2015547043.433.10$23,756
Dec 2014167054.693.59$9,133
Nov 2014568070.464.25$40,021
Oct 2014528078.303.90$41,342
Sep 2014183086.164.05$15,767
Aug 2014172089.394.04$15,375
Jul 2014550096.564.18$53,108
Jun 20140098.164.74$0
May 2014511094.734.73$48,407
Apr 2014744095.944.81$71,379
Mar 2014553095.895.06$53,027
Feb 2014556097.406.19$54,154
Jan 2014554090.404.86$50,082
Dec 2013574091.824.35$52,705
Nov 2013375088.853.74$33,319
Oct 2013350097.423.78$34,097
Sep 201300104.113.72$0
Aug 20131770104.253.52$18,452
Jul 20133710102.523.72$38,035
Jun 2013497094.403.93$46,917
May 20130094.834.15$0
Apr 2013166093.964.28$15,597
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 2012156094.672.92$14,769
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 20123350101.102.57$33,869
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 2011185095.723.31$17,708
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 2011176094.144.52$16,569
Jun 2011173092.904.64$16,072
May 20110098.134.40$0
Apr 20111710105.964.33$18,119
Mar 2011518096.364.06$49,914
Feb 2011135085.644.18$11,561
Jan 2011518086.504.59$44,807
Dec 2010344085.734.35$29,491
Nov 2010344080.843.80$27,809
Oct 2010327078.103.51$25,539
Sep 2010171072.633.98$12,420
Aug 201071073.684.42$5,231
Jul 2010174072.554.74$12,624
Jun 2010346070.364.91$24,345
May 2010516071.124.24$36,698
Apr 2010517081.694.12$42,234
Mar 20101,037078.394.39$81,290
Feb 2010346073.585.44$25,459
Jan 2010345074.365.96$25,654
Dec 2009672071.445.48$48,008
Nov 2009710074.593.75$52,959
Oct 2009538072.544.11$39,027
Sep 2009705065.543.06$46,206
Aug 2009723067.423.22$48,745
Jul 2009856061.133.46$52,327
Jun 2009875066.163.90$57,890
May 2009558054.743.93$30,545
Apr 2009725046.773.59$33,908
Mar 2009544042.144.06$22,924
Feb 2009540032.814.63$17,717
Jan 2009913035.865.37$32,740
Dec 2008526037.105.98$19,515
Nov 2008512055.496.86$28,411
Oct 2008703075.246.92$52,894
Sep 20087320101.767.88$74,488
Aug 20085550114.228.48$63,392
Jul 20085380131.0811.39$70,521
Jun 20087230131.3313.03$94,952
May 20087540123.1711.57$92,870
Apr 20085380110.3110.45$59,347
Mar 20085510101.909.66$56,147
Feb 2008557092.538.77$51,539
Jan 2008540090.388.21$48,805
Dec 2007717088.337.30$63,333
Nov 2007566091.677.29$51,885
Oct 2007886082.856.92$73,405
Sep 20071,033075.846.24$78,343
Aug 2007489069.066.39$33,770
Jul 2007511070.906.39$36,230
Jun 2007342062.007.55$21,204
May 2007335058.747.85$19,678
Apr 2007831059.617.81$49,536
Mar 2007502056.927.30$28,574
Feb 2007515055.108.22$28,377
Jan 2007342050.306.73$17,203
Dec 2006864056.656.92$48,946
Nov 2006341054.207.62$18,482
Oct 2006855054.906.01$46,940
Sep 2006519060.085.04$31,182
Aug 2006671068.717.34$46,104
Jul 2006655069.376.34$45,437
Jun 2006506066.286.38$33,538
May 2006689066.016.42$45,481
Apr 2006693064.397.36$44,622
Mar 2006694056.707.08$39,350
Feb 2006519057.597.75$29,889
Jan 2006690060.598.93$41,807
Dec 2005512054.9413.42$28,129
Nov 2005679054.6910.59$37,135
Oct 2005858058.3413.80$50,056
Sep 2005678061.4512.08$41,663
Aug 2005684061.519.80$42,073
Jul 2005332055.697.84$18,489
Jun 2005493052.337.38$25,799
May 2005683045.226.65$30,885
Apr 2005509049.207.36$25,043
Mar 20051,049050.377.15$52,838
Feb 2005516045.226.31$23,334
Jan 2005693043.166.32$29,910
Dec 2004342039.866.75$13,632
Nov 2004857045.286.33$38,805
Oct 2004861049.706.52$42,792
Sep 2004696043.245.28$30,095
Aug 2004520042.375.55$22,032
Jul 2004515038.286.08$19,714
Jun 2004343036.106.43$12,382
May 2004688037.486.49$25,786
Apr 2004520034.475.86$17,924
Mar 20041,032034.365.53$35,460
Feb 2004689032.455.51$22,358
Jan 2004176032.036.30$5,637
Dec 2003690030.266.30$20,879
Nov 2003514028.804.60$14,803
Oct 2003519028.174.76$14,620
Sep 2003659026.314.75$17,338
Aug 2003852029.765.13$25,356
Jul 2003513029.415.17$15,087
Jun 2003677028.565.98$19,335
May 2003873026.595.97$23,213
Apr 2003519026.675.41$13,842
Mar 2003858031.146.10$26,718
Feb 2003512033.487.93$17,142
Jan 2003682030.315.58$20,671
Dec 2002699026.914.85$18,810
Nov 20021,033024.664.14$25,474
Oct 2002344026.464.23$9,102
Sep 2002688027.443.64$18,879
Aug 2002866025.963.16$22,481
Jul 2002866024.583.06$21,286
Jun 2002514023.733.34$12,197
May 2002678024.663.58$16,719
Apr 2002679023.653.51$16,058
Mar 2002511022.003.10$11,242
Feb 2002513018.222.38$9,347
Jan 2002663017.172.38$11,384
Dec 20010016.932.36$0
Nov 2001506018.072.41$9,143
Oct 2001676019.782.53$13,371
Sep 2001498024.262.25$12,081
Aug 2001507024.873.05$12,609
Jul 2001508023.933.20$12,156
Jun 2001686024.563.82$16,848
May 2001338025.524.31$8,626
Apr 2001677024.685.34$16,708
Mar 2001328024.545.38$8,049
Feb 2001512027.755.77$14,208
Jan 2001678027.478.40$18,625
Dec 2000505026.889.12$13,574
Nov 2000513032.215.66$16,524
Oct 2000343031.235.15$10,712
Sep 2000488031.875.19$15,553
Aug 2000497029.644.54$14,731
Jul 2000829028.534.09$23,651
Jun 2000497029.304.40$14,562
May 2000847027.263.68$23,089
Apr 2000511024.513.12$12,525
Mar 2000648028.422.86$18,416
Feb 2000957027.622.73$26,432
Jan 2000483025.272.48$12,205
Dec 1999491024.282.42$11,921
Nov 1999485023.192.43$11,247
Oct 1999495020.982.80$10,385
Sep 1999641021.752.62$13,942
Aug 1999483019.262.88$9,303
Jul 1999800017.892.37$14,312
Jun 1999815015.942.36$12,991
May 1999487015.792.32$7,690
Apr 1999797015.102.21$12,035
Mar 1999487012.471.84$6,073
Feb 199981709.981.82$8,154
Jan 1999648010.381.90$6,726
Dec 199864209.201.77$5,906
Nov 1998645010.892.19$7,024
Oct 1998800012.421.97$9,936
Sep 1998798012.592.08$10,047
Aug 1998642011.301.91$7,255
Jul 1998802011.742.24$9,415
Jun 1998814011.242.24$9,149
May 1998818012.622.21$10,323
Apr 1998811013.042.51$10,575
Mar 1998493012.802.31$6,310
Feb 1998487013.952.30$6,794
Jan 1998491014.702.15$7,218
Dec 1997320016.322.41$5,222
Nov 1997812018.193.09$14,770
Oct 1997798019.253.15$15,362
Sep 1997659017.742.95$11,691
Aug 1997160017.862.55$2,858
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 1997162017.882.08$2,897
Mar 1997957018.951.94$18,135
Feb 1997483020.492.21$9,897
Jan 1997323023.483.54$7,584
Dec 1996970023.32$22,620
Nov 1996387021.97$8,502
Oct 1996937023.31$21,841
Sep 1996755022.22$16,776
Aug 1996755020.26$15,296
Jul 1996759019.55$14,838
Jun 19961,131018.73$21,184
May 1996764019.43$14,845
Apr 1996942021.51$20,262
Mar 1996755019.38$14,632
Feb 1996760016.98$12,905
Jan 1996581017.07$9,918
Dec 1995968017.19$16,640
Nov 19951,138016.00$18,208
Oct 1995758015.43$11,696
Sep 1995582016.18$9,417
Aug 1995748015.92$11,908
Jul 1995947015.24$14,432
Jun 1995746016.41$12,242
May 1995742017.56$13,030
Apr 1995747017.73$13,244
Mar 19951,116016.44$18,347
Feb 1995731016.58$12,120
Jan 1995926015.92$14,742
Dec 1994929015.03$13,963
Nov 19941,298015.90$20,638
Oct 1994837015.58$13,040
Sep 1994650115.29$9,939
Aug 1994987116.13$15,920
Jul 1994815117.56$14,311
Jun 1994976117.09$16,680
May 1994987115.88$15,674
Apr 19941,001114.14$14,154
Mar 1994685112.46$8,535
Feb 19941,155112.50$14,438
Jan 1994496112.66$6,279
Dec 1993831112.33$10,246
Nov 1993991114.49$14,360
Oct 1993827115.85$13,108
Sep 1993878115.03$13,196
Aug 1993888115.66$13,906
Jul 1993887115.46$13,713
Jun 19931,045116.79$17,546
May 1993885117.68$15,647
Apr 19931,016118.05$18,339
Mar 1993681118.14$12,353
Feb 1993871117.90$15,591
Jan 1993704116.93$11,919

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                  497 bbl  × $106.41 =    $52,886
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $52,886

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/542 is the state's own key, not one this site invented.