PEEBLES UNIT 1

Operated by BPX OPERATING COMPANY (P-5 85408) in the HAWKVILLE (EAGLEFORD SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 263063District 01Field 39744500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.2 M
Aug 2011 – May 2026
Value, last 12 filed months
$509
at the published price for each month
Months reported
178
no gaps in the span
Streams
2
condensate, 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 1,894 leases and 1,894 wells, and the rule below applies to all of them.

Discovered
2008-10-14
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2015-08-25.

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.

The Commission's schedule remark for this field reads: WILL REQUIRE A REGULAR SWR 38.

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
High Cost Gas112012-07-17206489
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
CondensateDisposition134,128 bbl$11,542,276
GasProduction841,438 Mcf$2,659,152
Total$14,201,428

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 28.3468, -98.9564. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.34675, -98.95635 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,493 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
00.0%
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.
1100.0%

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 10,493 ft.

Completions filed
Nov 2011
1 of 1 wells

1 well

42-283326431H10,493 ftNov 2011

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 (178)

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

178 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 2025011266.743.32$371
Jun 202504466.483.13$138
May 202502360.553.23$74
Apr 20250062.363.54$0
Mar 2025063767.704.27$2,719
Feb 202502070.884.34$87
Jan 20250674.324.28$26
Dec 20240368.993.12$9
Nov 202415547369.052.20$11,743
Oct 20242751,26371.372.28$22,508
Sep 20242981,26369.612.36$23,730
Aug 202412174675.632.06$10,691
Jul 202415961979.932.15$14,038
Jun 202418539778.082.63$15,490
May 202415684678.812.20$14,154
Apr 202410624184.451.66$9,352
Mar 202401080.301.55$15
Feb 20241231,11676.091.78$11,350
Jan 20241901,19973.023.30$17,828
Dec 202319586271.262.61$16,146
Nov 20239574977.892.81$9,502
Oct 20232461,06585.443.09$24,306
Sep 20233651,17189.042.74$35,702
Aug 20231351,21480.522.67$14,115
Jul 20231821,08574.852.64$16,489
Jun 202314268968.962.26$11,348
May 20235671,83170.622.23$44,120
Apr 20232421,55378.122.24$22,380
Mar 20233171,77172.852.39$27,332
Feb 20233141,14575.112.47$26,408
Jan 202305776.533.39$193
Dec 202203876.415.73$218
Nov 202202685.005.65$147
Oct 202216593887.185.86$19,885
Sep 202202684.888.16$212
Aug 202202294.529.13$201
Jul 20220158101.587.54$1,192
Jun 2022164118115.097.98$19,816
May 20225841,220109.378.43$74,160
Apr 20223721,054104.226.84$45,977
Mar 2022043108.885.08$218
Feb 2022133291.054.86$1,704
Jan 2022180581.844.54$3,735
Dec 20210971.323.90$35
Nov 20211011,08677.435.24$13,508
Oct 20213211,45479.795.71$33,921
Sep 202129287769.865.35$25,092
Aug 2021175766.024.22$3,261
Jul 2021158470.783.98$2,396
Jun 20214702,70769.493.38$41,812
May 202156334463.483.02$36,777
Apr 20211851,09860.362.76$14,195
Mar 202141,45461.302.72$4,196
Feb 20219258257.805.55$8,547
Jan 202110824650.412.81$6,136
Dec 20201144.642.68$47
Nov 202018970138.772.71$9,225
Oct 20202841,71936.972.48$14,760
Sep 20205893,37137.091.99$28,558
Aug 2020186239.982.39$2,096
Jul 202001738.371.83$31
Jun 20209852734.901.69$4,311
May 202003716.921.81$67
Apr 20206111,04914.751.80$10,905
Mar 2020182930.341.86$1,569
Feb 20200149.881.98$2
Jan 202011,22557.252.09$2,623
Dec 20190059.012.30$0
Nov 20195376455.302.75$29,872
Oct 2019051553.472.42$1,246
Sep 201918457555.052.66$11,657
Aug 20197851,57753.112.30$45,325
Jul 201912,07056.272.46$5,149
Jun 201918744652.782.49$10,981
May 201917273758.482.74$12,078
Apr 201912,00062.632.75$5,564
Mar 20191771,87656.803.06$15,798
Feb 20191821,74150.852.79$14,116
Jan 20195351,92746.033.23$30,847
Dec 20183651,91846.594.19$25,033
Nov 20183411,81252.934.24$25,727
Oct 20183501,57561.443.40$26,856
Sep 20183692,03359.543.11$28,289
Aug 20183362,37759.403.07$27,248
Jul 20183682,32265.142.93$30,779
Jun 20183532,26960.183.08$28,225
May 20183622,44765.382.90$30,766
Apr 20183322,01763.842.90$27,046
Mar 20187292,99061.222.79$52,962
Feb 20185393,10861.782.77$41,897
Jan 20181822,40462.874.01$21,081
Dec 20171791,65557.272.92$15,086
Nov 20171943,35855.423.12$21,223
Oct 20173572,95049.292.98$26,398
Sep 20175412,33847.523.09$32,926
Aug 20171762,66845.373.00$16,001
Jul 20174933,56943.873.09$32,646
Jun 20175273,75942.493.09$33,997
May 20175223,85145.373.26$36,250
Apr 20175462,92247.933.21$35,554
Mar 20171872,43546.772.98$16,011
Feb 20177172,60550.452.95$43,864
Jan 20177203,15649.413.42$46,365
Dec 20161833,12648.763.72$20,561
Nov 20168903,69442.492.64$47,584
Oct 20165364,31346.193.09$38,086
Sep 201601,23041.553.10$3,814
Aug 201618114,21141.442.92$49,058
Jul 20163533,53041.622.92$25,015
Jun 20166954,51145.352.69$43,634
May 20163774,97042.521.99$25,926
Apr 201601,04336.561.99$2,077
Mar 2016069133.011.79$1,240
Feb 201618186126.472.06$6,568
Jan 20168634,78527.352.36$34,917
Dec 201501,13732.362.00$2,276
Nov 20157776,72638.792.17$44,717
Oct 20151781,69643.552.43$11,867
Sep 201511,83942.992.76$5,116
Aug 20151731,00440.162.87$9,832
Jul 20155363,68348.152.95$36,655
Jun 20156221,96056.152.88$40,576
May 20158022,49455.212.96$51,649
Apr 20151,2636,73749.822.71$81,157
Mar 201503842.892.93$112
Feb 20155603,60844.662.98$35,748
Jan 201531,59043.433.10$5,060
Dec 20145192,81354.693.59$38,487
Nov 20149015,51670.464.25$86,938
Oct 20143664,79178.303.90$47,347
Sep 20147504,66386.164.05$83,484
Aug 20147595,16289.394.04$88,676
Jul 20147575,44496.564.18$95,850
Jun 20147616,29798.164.74$104,528
May 20141,1396,34894.734.73$137,902
Apr 20147646,80395.944.81$106,015
Mar 20141,0938,32595.895.06$146,906
Feb 20149026,75497.406.19$129,676
Jan 20141,1198,11790.404.86$140,612
Dec 20131,50010,65391.824.35$184,118
Nov 20137487,54288.853.74$94,654
Oct 20131,49811,88897.423.78$190,864
Sep 20131,50611,675104.113.72$200,194
Aug 20131,27711,675104.253.52$174,254
Jul 20131,65214,478102.523.72$223,188
Jun 20131,31012,05994.403.93$171,097
May 20131,37413,73194.834.15$187,267
Apr 20131,61012,25793.964.28$203,767
Mar 20131,86014,46993.623.91$230,749
Feb 20131,72715,12891.233.42$209,291
Jan 20131,1147,92991.603.42$129,159
Dec 20121,25410,35286.773.42$144,215
Nov 20121,39910,63486.953.62$160,191
Oct 20122,13913,74589.383.40$237,912
Sep 20122,10216,19394.672.92$246,254
Aug 20122,80319,00892.662.91$315,004
Jul 20123,41422,87485.133.02$359,732
Jun 20124,14126,05679.822.52$396,171
May 20124,98732,88191.612.49$538,678
Apr 20125,54936,766101.652.00$637,470
Mar 20127,17241,909105.052.22$846,544
Feb 20129,52847,078101.102.57$1,084,283
Jan 201211,42154,13498.092.73$1,268,293
Dec 201111,68654,76296.873.24$1,309,437
Nov 20118,03936,45995.723.31$890,219
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$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.

Jul 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 66.74 =         $0
Gas                  112 Mcf  × $  3.32 =       $371

────────────────────────────────────────────────────
Month total                                     $371

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. 01/G/263063 is the state's own key, not one this site invented.