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Texas oil lease

Producing

GRAVES 2

Graves 2 is an oil lease in Glasscock County, Texas, operated by OXY USA Inc. in the Spraberry (Trend Area) field.

5 wells

1,909bbl oil, last 12 months−33% vs prior year
Operator
OXY USA Inc.
RRC lease
08-43770

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Where it sits

This county

Glasscock CountyGlasscockMitchellMartinSterlingMidlandHowardGlasscock County
Glasscock County
Gas, last 12 months
14,969 mcf
Oil in Jul 2026
0 bbl

Production by month

Oil output fell 33% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 33% over the last 12 monthsMonthly oil production and gas for GRAVES 2, Aug 2023 to Jul 2026. Oil output fell 33% over the last 12 months. 1,909 bbl in the 12 months through Jul 2026, against 2,838 bbl in the 12 months before.Last 12 months: 1,909 bblbbl per monthmcf per month001005002001,0003001,5004002,0005002,500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 33% over the last 12 monthsMonthly oil production and gas for GRAVES 2, Aug 2023 to Jul 2026. Oil output fell 33% over the last 12 months. 1,909 bbl in the 12 months through Jul 2026, against 2,838 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001005002001,0003001,5004002,0005002,500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the last 12 months

All of the gas went to a processing plant in the last 12 monthsShare of GRAVES 2 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of GRAVES 2 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

5 wells on this lease

Wells on GRAVES 2
API numberWell no.Status
42-173-354091Active
42-173-356702Active
42-173-361113Active
42-173-363964Active
42-173-367935Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Transoil Marketing, LLCOilGathers100Apr 1, 2026–
Oneok Midland Midstream, LLCCasinghead gasBuys100Apr 1, 2026–
Enlink Midstream Services, LLCCasinghead gasGathers100Mar 1, 2025–
Coronado Midstream LLCCasinghead gasBuys100Mar 1, 2025Apr 1, 2026
Buckhead Midstream, LLCOilGathers100Mar 1, 2025Apr 1, 2026
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017Mar 1, 2025
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017Mar 1, 2025
Oasis Transp & Marketing Corp.OilGathers100Apr 1, 2020Mar 1, 2025
Lpc Crude Oil Marketing LLCOilGathers100Dec 1, 2016Apr 1, 2020

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

636 acres on the newest permit

Permits for Graves 2
API numberWell no.Acreson the permit
42-173-367935636
42-173-363964636
42-173-361113636
42-173-356702636
42-173-354091640

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

What Occidental Petroleum Corporation told investors it received

OXY USA Inc. is linked to Occidental Petroleum Corporation (OXY).
Realized prices reported by Occidental Petroleum Corporation
QuarterOil$ per bblFiling
Q2 2026$96.78SEC filing
Q1 2026$69.91SEC filing
Q4 2025$58.99SEC filing
Q3 2025$64.78SEC filing
Q2 2025$63.76SEC filing
Q1 2025$71.07SEC filing

SourceOccidental Petroleum Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for GRAVES 2
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026004794790$80.46$2.89
Jun 20264207087080$84.81$3.15
May 20261332051,3411,3410$102.13$2.94
Apr 202610001,2631,2630$100.32$2.77
Mar 20261472031,3401,3400$91.38$3.04
Feb 20261592031,2311,2310$64.51$3.62
Jan 20262102051,3161,3160$60.04$7.72
Dec 20252064011,4131,4130$57.97$4.26
Nov 202527101,4481,4480$60.06$3.79
Oct 20251862311,4201,4200$60.89$3.19
Sep 20251991801,4391,4390$63.96$2.97
Aug 20252563761,5711,5710$64.86$2.91
Jul 20252171941,3621,3620$68.39$3.20
Jun 20252421951,4261,4260$68.17$3.02
May 20252761921,5051,5050$62.17$3.12
Apr 20252843901,4591,4590$63.54$3.42
Mar 20252851991,6841,6840$68.24$4.12
Feb 20252623841,5071,5070$71.53$4.19
Jan 20253363751,6541,6540$75.74$4.13
Dec 202417001,4981,4980$70.12$3.01
Nov 20242223761,2881,2880$69.95$2.12
Oct 20242153651,4221,4220$71.99$2.20
Sep 20249701,4181,4180$70.24$2.28
Aug 20242321841,5351,5350$76.68$1.99
Jul 202411201,5481,5480$81.80$2.07
Jun 20241961851,4971,4970$79.77$2.54
May 20242181791,4661,4660$80.02$2.12
Apr 20242391861,5001,5000$85.35$1.60
Mar 20242543741,3251,3250$81.28$1.49
Feb 20243361881,2161,2160$77.25$1.72
Jan 20242723721,8211,8210$74.15$3.18
Dec 20233403712,0962,0960$71.90$2.52
Nov 20233273522,0202,0200$77.69$2.71
Oct 20233333722,1812,1810$85.64$2.98
Sep 20233201862,1862,1860$89.43$2.64
Aug 20233213232,2872,2870$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

OXY USA Inc. in Glasscock County

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Spraberry (Trend Area) field

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