GRAVES "B"

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 63868District 8AField 00448200NGPA filingOilCasinghead gasSaveExport
Value, all time
$719 k
Jan 1993 – Jun 2004
Value, last 12 filed months
$16 k
at the published price for each month
Months reported
138
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
OilDisposition30,267 bbl$558,018
Casinghead gasProduction100,041 Mcf$160,707
Total$718,724

49,916 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 32.5632, -101.7014. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.56321, -101.70141 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
8,500 ft
1 wells filed one
Completion to plug
22.0 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 8,500 ft.

Completions filed
May 1982
1 of 1 wells
Plug dates filed
May 2004
1 of 1 wells

Last completion to plug: a median of 22.0 years across the 1 well that filed both dates, with the middle half between 22.0 years and 22.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1153168418,500 ftMay 1982May 2004Yes

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 (138)

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

138 months

Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 2003107028.804.60$3,082
Oct 200309128.174.76$433
Sep 200317815026.314.75$5,396
Aug 2003020829.765.13$1,067
Jul 200317614429.415.17$5,921
Jun 200319328.565.98$585
May 200317813626.595.97$5,545
Apr 2003022326.675.41$1,206
Mar 2003023531.146.10$1,433
Feb 200317925033.487.93$7,974
Jan 2003126730.315.58$1,521
Dec 2002018026.914.85$874
Nov 200218324324.664.14$5,518
Oct 2002026126.464.23$1,104
Sep 2002020927.443.64$760
Aug 20021641225.963.16$4,295
Jul 200207724.583.06$236
Jun 200218523.733.34$307
May 200214924.663.58$200
Apr 200204023.653.51$140
Mar 2002210122.003.10$357
Feb 200206318.222.38$150
Jan 200211017.172.38$41
Dec 200118012116.932.36$3,333
Nov 2001025618.072.41$616
Oct 2001028119.782.53$711
Sep 2001117524.262.25$418
Aug 2001015524.873.05$473
Jul 2001125323.933.20$833
Jun 2001320224.563.82$846
May 200117679425.524.31$7,912
Apr 200117880524.685.34$8,688
Mar 200133777824.545.38$12,453
Feb 200117174127.755.77$9,019
Jan 200135785127.478.40$16,954
Dec 200018574326.889.12$11,751
Nov 200036675532.215.66$16,061
Oct 200018283131.235.15$9,960
Sep 200018896731.875.19$11,007
Aug 200035797629.644.54$15,013
Jul 2000055628.534.09$2,274
Jun 200017475029.304.40$8,396
May 200017389927.263.68$8,024
Apr 200016081124.513.12$6,449
Mar 200036368028.422.86$12,261
Feb 200018473227.622.73$7,078
Jan 200018279325.272.48$6,566
Dec 199919079024.282.42$6,528
Nov 199935680223.192.43$10,208
Oct 199918983820.982.80$6,315
Sep 199935790321.752.62$10,130
Aug 199918588219.262.88$6,099
Jul 199918187017.892.37$5,302
Jun 199934888115.942.36$7,628
May 199918270615.792.32$4,512
Apr 199918464815.102.21$4,209
Mar 199918486012.471.84$3,875
Feb 19993677739.981.82$5,068
Jan 199918686910.381.90$3,582
Dec 19983727139.201.77$4,687
Nov 199818882610.892.19$3,853
Oct 199818494612.421.97$4,148
Sep 199818292412.592.08$4,216
Aug 199836293611.301.91$5,876
Jul 199818299611.742.24$4,365
Jun 199818593611.242.24$4,173
May 19983711,02412.622.21$6,941
Apr 199818595113.042.51$4,795
Mar 199836087612.802.31$6,631
Feb 199818584113.952.30$4,514
Jan 199837292014.702.15$7,451
Dec 199718592616.322.41$5,252
Nov 199736485618.193.09$9,265
Oct 19971871,01519.253.15$6,797
Sep 199736292617.742.95$9,158
Aug 19971831,07917.862.55$6,025
Jul 19973631,10417.582.25$8,862
Jun 19971821,04217.242.26$5,490
May 199736688018.972.31$8,975
Apr 199737788417.882.08$8,582
Mar 199718692318.951.94$5,315
Feb 199717579420.492.21$5,337
Jan 199736095323.483.54$11,826
Dec 199634897523.32$8,115
Nov 199635997821.97$7,887
Oct 19961851,05123.31$4,312
Sep 19963721,10922.22$8,266
Aug 19961881,26520.26$3,809
Jul 19963691,36219.55$7,214
Jun 19961791,34018.73$3,353
May 19963651,38519.43$7,092
Apr 19963721,30621.51$8,002
Mar 19961831,30319.38$3,547
Feb 19963721,21716.98$6,317
Jan 19963831,30617.07$6,538
Dec 19951891,26417.19$3,249
Nov 19953741,38716.00$5,984
Oct 19955211,45215.43$8,039
Sep 19951901,63516.18$3,074
Aug 19953591,82015.92$5,715
Jul 19955501,97915.24$8,382
Jun 19957561,95516.41$12,406
May 19955381,45417.56$9,447
Apr 199536497117.73$6,454
Mar 199553991616.44$8,861
Feb 199517380616.58$2,868
Jan 199535993115.92$5,715
Dec 199436882215.03$5,531
Nov 199436882415.90$5,851
Oct 199436573115.58$5,687
Sep 199418372815.29$2,798
Aug 199411973716.13$1,919
Jul 19945421,02617.56$9,518
Jun 199418275317.09$3,110
May 199426686215.88$4,224
Apr 199436190114.14$5,105
Mar 199435776112.46$4,448
Feb 199418065512.50$2,250
Jan 199436672712.66$4,634
Dec 199335967412.33$4,426
Nov 199336182614.49$5,231
Oct 199354798015.85$8,670
Sep 199318162615.03$2,720
Aug 199336380715.66$5,685
Jul 199318091115.46$2,783
Jun 199315871116.79$2,653
May 199317974817.68$3,165
Apr 199336467218.05$6,570
Mar 199318471518.14$3,338
Feb 199318168517.90$3,240
Jan 199354986716.93$9,295

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.

Nov 2003 — as filed, then multipliedworked
Oil                  107 bbl  × $ 28.80 =     $3,082
Casinghead gas         0 Mcf  × $  4.60 =         $0

────────────────────────────────────────────────────
Month total                                   $3,082

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/63868 is the state's own key, not one this site invented.