GRAVES

Name: GRAVES lease production and value, Dec 2005 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by LPR ENERGY, LLC (P-5 511723) 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 68914District 8AField 00448200OilCasinghead gasSave Export

Value, all time

$2.8 M

Dec 2005 – Nov 2023

Value, last 12 filed months

$2 k

at the published price for each month

Months reported

216

no gaps in the span

Streams

oil, casinghead gas

The ACKERLY (DEAN SAND) field

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.”

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.

Stream	Basis	Volume	Value
Oil	Disposition	36,395 bbl	$2,534,680
Casinghead gas	Production	58,335 Mcf	$227,987
Total			$2,762,667

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 32.5584, -101.7084. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.55840, -101.70839 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

0.0%

0 of 1 wells

Median depth

9,415 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

1100.0%

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.

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 9,415 ft.

Completions filed

Oct 2024

1 of 1 wells

1 well


42-11533140	4	9,415 ft	Oct 2024	—	Yes

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 (216)

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

216 months


Nov 2023	0	0	77.89	2.81	$0
Oct 2023	0	0	85.44	3.09	$0
Sep 2023	0	0	89.04	2.74	$0
Aug 2023	20	0	80.52	2.67	$1,610
Jul 2023	0	0	74.85	2.64	$0
Jun 2023	0	0	68.96	2.26	$0
May 2023	0	0	70.62	2.23	$0
Apr 2023	0	0	78.12	2.24	$0
Mar 2023	0	0	72.85	2.39	$0
Feb 2023	0	0	75.11	2.47	$0
Jan 2023	0	0	76.53	3.39	$0
Dec 2022	0	0	76.41	5.73	$0
Nov 2022	0	0	85.00	5.65	$0
Oct 2022	0	0	87.18	5.86	$0
Sep 2022	0	0	84.88	8.16	$0
Aug 2022	0	0	94.52	9.13	$0
Jul 2022	0	0	101.58	7.54	$0
Jun 2022	0	0	115.09	7.98	$0
May 2022	0	0	109.37	8.43	$0
Apr 2022	0	0	104.22	6.84	$0
Mar 2022	0	0	108.88	5.08	$0
Feb 2022	0	0	91.05	4.86	$0
Jan 2022	0	0	81.84	4.54	$0
Dec 2021	0	0	71.32	3.90	$0
Nov 2021	0	0	77.43	5.24	$0
Oct 2021	0	0	79.79	5.71	$0
Sep 2021	0	0	69.86	5.35	$0
Aug 2021	0	0	66.02	4.22	$0
Jul 2021	0	0	70.78	3.98	$0
Jun 2021	0	0	69.49	3.38	$0
May 2021	0	0	63.48	3.02	$0
Apr 2021	0	0	60.36	2.76	$0
Mar 2021	47	1,761	61.30	2.72	$7,666
Feb 2021	43	1,087	57.80	5.55	$8,516
Jan 2021	26	1,607	50.41	2.81	$5,827
Dec 2020	52	1,543	44.64	2.68	$6,450
Nov 2020	50	1,011	38.77	2.71	$4,675
Oct 2020	51	676	36.97	2.48	$3,561
Sep 2020	69	535	37.09	1.99	$3,624
Aug 2020	56	151	39.98	2.39	$2,599
Jul 2020	111	64	38.37	1.83	$4,376
Jun 2020	0	0	34.90	1.69	$0
May 2020	0	167	16.92	1.81	$303
Apr 2020	31	347	14.75	1.80	$1,083
Mar 2020	53	1,533	30.34	1.86	$4,454
Feb 2020	57	1,122	49.88	1.98	$5,065
Jan 2020	70	1,431	57.25	2.09	$7,005
Dec 2019	70	1,027	59.01	2.30	$6,497
Nov 2019	80	820	55.30	2.75	$6,680
Oct 2019	70	876	53.47	2.42	$5,862
Sep 2019	78	737	55.05	2.66	$6,252
Aug 2019	26	199	53.11	2.30	$1,839
Jul 2019	26	878	56.27	2.46	$3,623
Jun 2019	33	1,151	52.78	2.49	$4,609
May 2019	31	1,062	58.48	2.74	$4,723
Apr 2019	33	909	62.63	2.75	$4,567
Mar 2019	37	989	56.80	3.06	$5,130
Feb 2019	33	730	50.85	2.79	$3,716
Jan 2019	38	120	46.03	3.23	$2,137
Dec 2018	28	28	46.59	4.19	$1,422
Nov 2018	27	21	52.93	4.24	$1,518
Oct 2018	40	20	61.44	3.40	$2,526
Sep 2018	62	35	59.54	3.11	$3,800
Aug 2018	80	75	59.40	3.07	$4,982
Jul 2018	87	147	65.14	2.93	$6,098
Jun 2018	95	78	60.18	3.08	$5,957
May 2018	95	91	65.38	2.90	$6,475
Apr 2018	87	50	63.84	2.90	$5,699
Mar 2018	115	83	61.22	2.79	$7,272
Feb 2018	111	87	61.78	2.77	$7,098
Jan 2018	123	106	62.87	4.01	$8,158
Dec 2017	124	115	57.27	2.92	$7,437
Nov 2017	107	52	55.42	3.12	$6,092
Oct 2017	194	57	49.29	2.98	$9,732
Sep 2017	179	49	47.52	3.09	$8,657
Aug 2017	0	93	45.37	3.00	$279
Jul 2017	166	93	43.87	3.09	$7,570
Jun 2017	141	90	42.49	3.09	$6,269
May 2017	100	93	45.37	3.26	$4,841
Apr 2017	0	90	47.93	3.21	$289
Mar 2017	112	17	46.77	2.98	$5,289
Feb 2017	1	89	50.45	2.95	$313
Jan 2017	137	126	49.41	3.42	$7,200
Dec 2016	163	120	48.76	3.72	$8,395
Nov 2016	158	19	42.49	2.64	$6,764
Oct 2016	288	238	46.19	3.09	$14,038
Sep 2016	167	183	41.55	3.10	$7,506
Aug 2016	301	362	41.44	2.92	$13,532
Jul 2016	302	363	41.62	2.92	$13,631
Jun 2016	280	344	45.35	2.69	$13,622
May 2016	228	292	42.52	1.99	$10,276
Apr 2016	175	206	36.56	1.99	$6,808
Mar 2016	282	314	33.01	1.79	$9,872
Feb 2016	255	302	26.47	2.06	$7,373
Jan 2016	60	102	27.35	2.36	$1,882
Dec 2015	1	0	32.36	2.00	$32
Nov 2015	30	10	38.79	2.17	$1,185
Oct 2015	221	304	43.55	2.43	$10,362
Sep 2015	185	264	42.99	2.76	$8,681
Aug 2015	161	397	40.16	2.87	$7,606
Jul 2015	196	301	48.15	2.95	$10,324
Jun 2015	178	245	56.15	2.88	$10,701
May 2015	187	294	55.21	2.96	$11,193
Apr 2015	158	331	49.82	2.71	$8,767
Mar 2015	175	275	42.89	2.93	$8,313
Feb 2015	210	210	44.66	2.98	$10,004
Jan 2015	49	256	43.43	3.10	$2,922
Dec 2014	148	257	54.69	3.59	$9,017
Nov 2014	131	267	70.46	4.25	$10,366
Oct 2014	135	158	78.30	3.90	$11,187
Sep 2014	136	183	86.16	4.05	$12,458
Aug 2014	169	153	89.39	4.04	$15,724
Jul 2014	163	149	96.56	4.18	$16,362
Jun 2014	70	76	98.16	4.74	$7,231
May 2014	74	132	94.73	4.73	$7,634
Apr 2014	125	206	95.94	4.81	$12,983
Mar 2014	158	301	95.89	5.06	$16,673
Feb 2014	144	289	97.40	6.19	$15,815
Jan 2014	163	302	90.40	4.86	$16,203
Dec 2013	192	280	91.82	4.35	$18,849
Nov 2013	221	309	88.85	3.74	$20,791
Oct 2013	273	0	97.42	3.78	$26,596
Sep 2013	274	287	104.11	3.72	$29,593
Aug 2013	250	314	104.25	3.52	$27,169
Jul 2013	235	303	102.52	3.72	$25,219
Jun 2013	161	265	94.40	3.93	$16,241
May 2013	147	275	94.83	4.15	$15,081
Apr 2013	147	265	93.96	4.28	$14,947
Mar 2013	162	263	93.62	3.91	$16,196
Feb 2013	147	236	91.23	3.42	$14,218
Jan 2013	180	315	91.60	3.42	$17,565
Dec 2012	186	320	86.77	3.42	$17,234
Nov 2012	191	270	86.95	3.62	$17,586
Oct 2012	185	213	89.38	3.40	$17,259
Sep 2012	124	177	94.67	2.92	$12,256
Aug 2012	137	238	92.66	2.91	$13,387
Jul 2012	120	238	85.13	3.02	$10,935
Jun 2012	152	248	79.82	2.52	$12,757
May 2012	178	256	91.61	2.49	$16,944
Apr 2012	154	230	101.65	2.00	$16,113
Mar 2012	170	256	105.05	2.22	$18,427
Feb 2012	159	250	101.10	2.57	$16,717
Jan 2012	184	276	98.09	2.73	$18,803
Dec 2011	187	297	96.87	3.24	$19,077
Nov 2011	179	264	95.72	3.31	$18,008
Oct 2011	194	266	84.98	3.65	$17,457
Sep 2011	204	254	83.62	3.99	$18,071
Aug 2011	226	263	83.40	4.15	$19,940
Jul 2011	233	274	94.14	4.52	$23,172
Jun 2011	226	212	92.90	4.64	$21,979
May 2011	134	162	98.13	4.40	$13,863
Apr 2011	67	97	105.96	4.33	$7,520
Mar 2011	149	135	96.36	4.06	$14,905
Feb 2011	249	272	85.64	4.18	$22,461
Jan 2011	288	321	86.50	4.59	$26,385
Dec 2010	290	319	85.73	4.35	$26,249
Nov 2010	284	302	80.84	3.80	$24,105
Oct 2010	308	307	78.10	3.51	$25,132
Sep 2010	270	279	72.63	3.98	$20,720
Aug 2010	294	307	73.68	4.42	$23,019
Jul 2010	311	290	72.55	4.74	$23,937
Jun 2010	278	297	70.36	4.91	$21,018
May 2010	245	318	71.12	4.24	$18,771
Apr 2010	223	299	81.69	4.12	$19,450
Mar 2010	294	211	78.39	4.39	$23,973
Feb 2010	183	81	73.58	5.44	$13,906
Jan 2010	170	129	74.36	5.96	$13,411
Dec 2009	251	229	71.44	5.48	$19,187
Nov 2009	277	287	74.59	3.75	$21,738
Oct 2009	281	282	72.54	4.11	$21,543
Sep 2009	271	249	65.54	3.06	$18,524
Aug 2009	289	300	67.42	3.22	$20,450
Jul 2009	281	271	61.13	3.46	$18,116
Jun 2009	243	252	66.16	3.90	$17,058
May 2009	292	216	54.74	3.93	$16,832
Apr 2009	258	236	46.77	3.59	$12,913
Mar 2009	307	249	42.14	4.06	$13,948
Feb 2009	258	259	32.81	4.63	$9,665
Jan 2009	290	289	35.86	5.37	$11,952
Dec 2008	271	248	37.10	5.98	$11,536
Nov 2008	347	286	55.49	6.86	$21,217
Oct 2008	447	291	75.24	6.92	$35,647
Sep 2008	221	193	101.76	7.88	$24,009
Aug 2008	299	0	114.22	8.48	$34,152
Jul 2008	276	293	131.08	11.39	$39,515
Jun 2008	113	110	131.33	13.03	$16,274
May 2008	251	254	123.17	11.57	$33,856
Apr 2008	244	252	110.31	10.45	$29,550
Mar 2008	271	270	101.90	9.66	$30,224
Feb 2008	249	55	92.53	8.77	$23,522
Jan 2008	269	252	90.38	8.21	$26,380
Dec 2007	281	270	88.33	7.30	$26,792
Nov 2007	315	270	91.67	7.29	$30,845
Oct 2007	305	211	82.85	6.92	$26,730
Sep 2007	291	291	75.84	6.24	$23,886
Aug 2007	296	394	69.06	6.39	$22,959
Jul 2007	283	243	70.90	6.39	$21,617
Jun 2007	313	324	62.00	7.55	$21,852
May 2007	299	355	58.74	7.85	$20,349
Apr 2007	304	224	59.61	7.81	$19,870
Mar 2007	353	216	56.92	7.30	$21,670
Feb 2007	328	223	55.10	8.22	$19,905
Jan 2007	320	345	50.30	6.73	$18,417
Dec 2006	390	455	56.65	6.92	$25,241
Nov 2006	318	506	54.20	7.62	$21,090
Oct 2006	368	300	54.90	6.01	$22,007
Sep 2006	398	608	60.08	5.04	$26,974
Aug 2006	390	566	68.71	7.34	$30,951
Jul 2006	479	588	69.37	6.34	$36,958
Jun 2006	431	546	66.28	6.38	$32,052
May 2006	522	603	66.01	6.42	$38,332
Apr 2006	948	611	64.39	7.36	$65,539
Mar 2006	985	0	56.70	7.08	$55,850
Feb 2006	325	0	57.59	7.75	$18,717
Jan 2006	1,254	0	60.59	8.93	$75,980
Dec 2005	0	0	54.94	13.42	$0

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.

Aug 2023 — as filed, then multipliedworked

Oil                   20 bbl  × $ 80.52 =     $1,610
Casinghead gas         0 Mcf  × $  2.67 =         $0

────────────────────────────────────────────────────
Month total                                   $1,610

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/68914 is the state's own key, not one this site invented.