GRAVES "A"

Operated by JM COX RESOURCES, L.P. (P-5 433075) in the ACKERLY (DEAN SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12742District 8AField 00448200NGPA filingOilCasinghead gasSaveExport
Value, all time
$2.7 M
Jan 1993 – May 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
281
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 350 leases and 843 wells, and the rule below applies to all of them.

Discovered
1954-06-29
as the register files it
Field class
Oil and gas
the register's own label
Between wells
900 ft
minimum
From a lease line
550 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2017-01-24.

The Commission's schedule remark for this field reads: RULES.

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
NGPA1none

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
OilDisposition55,550 bbl$2,637,139
Casinghead gasProduction48,260 Mcf$98,394
Total$2,735,533

24,689 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 (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 32.5634, -101.7097. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.56338, -101.70969 · 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
100.0%
2 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
8,450 ft
1 wells filed one
Completion to plug
34.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
2100.0%
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.
00.0%

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 8,450 ft.

Completions filed
Nov 1981
1 of 2 wells; 1 filed none
Plug dates filed
Mar 2016
1 of 2 wells; 1 filed none

Last completion to plug: a median of 34.3 years across the 1 well that filed both dates, with the middle half between 34.3 years and 34.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-115003581Yes
42-1153156028,450 ftNov 1981Mar 2016Yes

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 (281)

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

281 months

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 2015167055.212.96$9,220
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 2015171044.662.98$7,637
Jan 20150043.433.10$0
Dec 2014178054.693.59$9,735
Nov 2014170070.464.25$11,978
Oct 2014164078.303.90$12,841
Sep 2014171086.164.05$14,733
Aug 2014170089.394.04$15,196
Jul 2014169096.564.18$16,319
Jun 2014346098.164.74$33,963
May 20140094.734.73$0
Apr 2014176095.944.81$16,885
Mar 2014160095.895.06$15,342
Feb 2014164097.406.19$15,974
Jan 2014345090.404.86$31,188
Dec 20130091.824.35$0
Nov 2013170088.853.74$15,105
Oct 2013178097.423.78$17,341
Sep 20131680104.113.72$17,490
Aug 20131630104.253.52$16,993
Jul 20131750102.523.72$17,941
Jun 2013172094.403.93$16,237
May 2013166094.834.15$15,742
Apr 2013345093.964.28$32,416
Mar 2013175093.623.91$16,384
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 2012167086.773.42$14,491
Nov 20120086.953.62$0
Oct 2012181089.383.40$16,178
Sep 2012176094.672.92$16,662
Aug 2012167092.662.91$15,474
Jul 2012340085.133.02$28,944
Jun 2012177079.822.52$14,128
May 2012160091.612.49$14,658
Apr 20121710101.652.00$17,382
Mar 20121740105.052.22$18,279
Feb 20123530101.102.57$35,688
Jan 2012181098.092.73$17,754
Dec 2011324096.873.24$31,386
Nov 2011182095.723.31$17,421
Oct 2011179084.983.65$15,211
Sep 2011552083.623.99$46,158
Aug 20111083.404.15$83
Jul 2011179094.144.52$16,851
Jun 2011192092.904.64$17,837
May 2011181098.134.40$17,762
Apr 20111780105.964.33$18,861
Mar 2011171096.364.06$16,478
Feb 2011190085.644.18$16,272
Jan 2011355086.504.59$30,708
Dec 2010169085.734.35$14,488
Nov 2010173080.843.80$13,985
Oct 2010360078.103.51$28,116
Sep 2010164072.633.98$11,911
Aug 2010178073.684.42$13,115
Jul 2010344072.554.74$24,957
Jun 2010168070.364.91$11,820
May 2010173071.124.24$12,304
Apr 20103364281.694.12$27,621
Mar 20101708078.394.39$13,677
Feb 20101724873.585.44$12,917
Jan 20103615274.365.96$27,154
Dec 20091735371.445.48$12,650
Nov 20091835174.593.75$13,841
Oct 20093795772.544.11$27,727
Sep 20091815565.543.06$12,031
Aug 20091693067.423.22$11,491
Jul 20093582661.133.46$21,975
Jun 200903166.163.90$121
May 2009174054.743.93$9,525
Apr 20091702946.773.59$8,055
Mar 20091703842.144.06$7,318
Feb 2009176132.814.63$5,779
Jan 2009346035.865.37$12,408
Dec 20081767037.105.98$6,948
Nov 20083399155.496.86$19,435
Oct 20081719775.246.92$13,537
Sep 200834986101.767.88$36,192
Aug 200817484114.228.48$20,587
Jul 200834984131.0811.39$46,704
Jun 200817587131.3313.03$24,117
May 200817586123.1711.57$22,550
Apr 200817181110.3110.45$19,710
Mar 200816968101.909.66$17,878
Feb 20083398892.538.77$32,139
Jan 20081749890.388.21$16,530
Dec 20073428988.337.30$30,859
Nov 20071697091.677.29$16,003
Oct 20073497582.856.92$29,434
Sep 20071586475.846.24$12,382
Aug 20071628369.066.39$11,718
Jul 20073526770.906.39$25,385
Jun 20071756662.007.55$11,348
May 20073619658.747.85$21,958
Apr 20071709259.617.81$10,852
Mar 20071784556.927.30$10,460
Feb 20073538355.108.22$20,132
Jan 20071744950.306.73$9,082
Dec 200617610156.656.92$10,669
Nov 20063409454.207.62$19,144
Oct 20061729954.906.01$10,038
Sep 20061817460.085.04$11,247
Aug 20063659968.717.34$25,806
Jul 2006180069.376.34$12,487
Jun 200617310266.286.38$12,118
May 200635010366.016.42$23,765
Apr 200617910264.397.36$12,277
Mar 200618710256.707.08$11,325
Feb 20063299657.597.75$19,691
Jan 200616811260.598.93$11,180
Dec 200533110354.9413.42$19,567
Nov 200518310354.6910.59$11,099
Oct 200534111858.3413.80$21,522
Sep 200518111961.4512.08$12,560
Aug 200532811861.519.80$21,331
Jul 200518011055.697.84$10,887
Jun 20053349952.337.38$18,209
May 20051639345.226.65$7,989
Apr 200533710349.207.36$17,339
Mar 20051797550.377.15$9,553
Feb 20053482245.226.31$15,875
Jan 20051829243.166.32$8,437
Dec 200436711139.866.75$15,378
Nov 200418110245.286.33$8,841
Oct 200436411449.706.52$18,834
Sep 200417710643.245.28$8,214
Aug 200418314242.375.55$8,542
Jul 200436114238.286.08$14,683
Jun 20041807936.106.43$7,006
May 20041806037.486.49$7,136
Apr 20043618834.475.86$12,959
Mar 200418110834.365.53$6,816
Feb 20043659532.455.51$12,368
Jan 20041709332.036.30$6,031
Dec 200318010730.266.30$6,121
Nov 20033619928.804.60$10,852
Oct 20031798028.174.76$5,423
Sep 20031791026.314.75$4,757
Aug 200334713929.765.13$11,040
Jul 200335922729.415.17$11,732
Jun 2003110228.565.98$639
May 20031798526.595.97$5,267
Apr 200333713226.675.41$9,702
Mar 200318013431.146.10$6,422
Feb 200318412033.487.93$7,111
Jan 200336512930.315.58$11,783
Dec 200218413126.914.85$5,587
Nov 200235813224.664.14$9,374
Oct 200218215226.464.23$5,459
Sep 200217912927.443.64$5,381
Aug 200217913025.963.16$5,058
Jul 200217913224.583.06$4,804
Jun 200218013023.733.34$4,705
May 200217313924.663.58$4,764
Apr 200217812923.653.51$4,663
Mar 200236313822.003.10$8,414
Feb 2002011418.222.38$271
Jan 200234613317.172.38$6,257
Dec 200118715016.932.36$3,521
Nov 200117714518.072.41$3,547
Oct 200117011319.782.53$3,648
Sep 20011736224.262.25$4,337
Aug 200117617424.873.05$4,908
Jul 200117516823.933.20$4,725
Jun 200117717624.563.82$5,020
May 200117718325.524.31$5,305
Apr 200115817024.685.34$4,806
Mar 200133521624.545.38$9,382
Feb 200117518227.755.77$5,906
Jan 200101427.478.40$118
Dec 200003526.889.12$319
Nov 200017316532.215.66$6,506
Oct 200017618431.235.15$6,443
Sep 200010019331.875.19$4,188
Aug 200017321629.644.54$6,109
Jul 200018020428.534.09$5,970
Jun 200017821529.304.40$6,161
May 200017118427.263.68$5,339
Apr 200017620824.513.12$4,962
Mar 200017621728.422.86$5,622
Feb 200018119927.622.73$5,542
Jan 200017820525.272.48$5,007
Dec 199918222824.282.42$4,972
Nov 199918522023.192.43$4,826
Oct 199918223620.982.80$4,480
Sep 199917822621.752.62$4,463
Aug 199918526019.262.88$4,311
Jul 199917727817.892.37$3,826
Jun 199918522615.942.36$3,483
May 1999029915.792.32$694
Apr 199917924415.102.21$3,242
Mar 199918527012.471.84$2,803
Feb 19991832569.981.82$2,292
Jan 199918429310.381.90$2,467
Dec 19981832029.201.77$2,042
Nov 199818129310.892.19$2,612
Oct 199817834212.421.97$2,884
Sep 199818333612.592.08$3,004
Aug 199818832611.301.91$2,746
Jul 199818136511.742.24$2,942
Jun 199818033511.242.24$2,773
May 199818235912.622.21$3,089
Apr 199818429213.042.51$3,131
Mar 199818427712.802.31$2,995
Feb 199818223613.952.30$3,081
Jan 199818230514.702.15$3,333
Dec 199718726416.322.41$3,688
Nov 199718829818.193.09$4,340
Oct 199718030419.253.15$4,423
Sep 199718631017.742.95$4,216
Aug 199718139117.862.55$4,232
Jul 199717738917.582.25$3,986
Jun 199718137617.242.26$3,969
May 199718633818.972.31$4,309
Apr 199718631017.882.08$3,971
Mar 199718432718.951.94$4,121
Feb 199718432120.492.21$4,478
Jan 199718833723.483.54$5,607
Dec 199618435023.32$4,291
Nov 199618437921.97$4,042
Oct 199618443723.31$4,289
Sep 199618443322.22$4,088
Aug 199618764620.26$3,789
Jul 199618465019.55$3,597
Jun 199618862818.73$3,521
May 199618167119.43$3,517
Apr 199618760421.51$4,022
Mar 199618263519.38$3,527
Feb 199618759116.98$3,175
Jan 199618866517.07$3,209
Dec 199518767917.19$3,215
Nov 199537073416.00$5,920
Oct 199518777315.43$2,885
Sep 199518784816.18$3,026
Aug 199536995815.92$5,874
Jul 19951921,00415.24$2,926
Jun 19955401,06016.41$8,861
May 199537293017.56$6,532
Apr 199536158217.73$6,401
Mar 199518554616.44$3,041
Feb 199518349616.58$3,034
Jan 199535960615.92$5,715
Dec 199435458215.03$5,321
Nov 199455159615.90$8,761
Oct 199418231915.58$2,836
Sep 199417922115.29$2,737
Aug 199418538416.13$2,984
Jul 199418842417.56$3,301
Jun 199435850617.09$6,118
May 199418033815.88$2,858
Apr 1994017414.14$0
Mar 199418330712.46$2,280
Feb 199417931412.50$2,238
Jan 199417526012.66$2,216
Dec 199318130912.33$2,232
Nov 199335937414.49$5,202
Oct 199318139815.85$2,869
Sep 199318136115.03$2,720
Aug 199336042415.66$5,638
Jul 1993032415.46$0
Jun 1993020316.79$0
May 199316937017.68$2,988
Apr 199317848318.05$3,213
Mar 199318234218.14$3,301
Feb 199317438717.90$3,115
Jan 199336238416.93$6,129

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 2015 — as filed, then multipliedworked
Oil                  167 bbl  × $ 55.21 =     $9,220
Casinghead gas         0 Mcf  × $  2.96 =         $0

────────────────────────────────────────────────────
Month total                                   $9,220

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. 8A/O/12742 is the state's own key, not one this site invented.