PEEBLES UNIT 2

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 264428District 01Field 39744500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$20.5 M
Nov 2011 – May 2026
Value, last 12 filed months
$189 k
at the published price for each month
Months reported
175
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 Gas112013-01-23208598
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
CondensateDisposition179,670 bbl$14,776,109
GasProduction1,815,944 Mcf$5,711,650
Total$20,487,759

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 28.3121, -98.9565. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.31213, -98.95648 · 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
10,976 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 10,976 ft.

Completions filed
Dec 2011
1 of 1 wells

1 well

42-283328141H10,976 ftDec 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 (175)

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

175 months

May 20260412106.413.05$1,255
Apr 2026025198.932.87$720
Mar 202617880489.753.15$18,508
Feb 202618797263.503.75$15,520
Jan 202614048559.138.00$12,157
Dec 202516683456.664.41$13,086
Nov 20251561,33758.593.93$14,390
Oct 20253071,52559.383.30$23,270
Sep 20253471,40062.743.08$26,078
Aug 202515484063.933.01$12,378
Jul 20253271,55366.743.32$26,972
Jun 20253031,53166.483.13$24,934
May 20251761,20660.553.23$14,555
Apr 20253341,68262.363.54$26,788
Mar 20254321,46167.704.27$35,482
Feb 20254341,87070.884.34$38,879
Jan 202568310,02474.324.28$93,650
Dec 202420068.993.12$1,380
Nov 2024188069.052.20$12,981
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20245334578.082.63$5,047
May 20249964478.812.20$9,218
Apr 20242731,26984.451.66$25,160
Mar 2024017080.301.55$263
Feb 2024026376.091.78$469
Jan 20245410073.023.30$4,273
Dec 202311757371.262.61$9,833
Nov 20238017477.892.81$6,720
Oct 20239847085.443.09$9,824
Sep 202314149489.042.74$13,906
Aug 20238135480.522.67$7,468
Jul 202312644574.852.64$10,607
Jun 202311161868.962.26$9,050
May 202316260170.622.23$12,779
Apr 2023022078.122.24$492
Mar 202327957272.852.39$21,694
Feb 2023068575.112.47$1,689
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 2022731294.529.13$7,009
Jul 20220196101.587.54$1,478
Jun 202200115.097.98$0
May 2022274759109.378.43$36,368
Apr 2022184607104.226.84$23,327
Mar 202299756108.885.08$14,617
Feb 202210179491.054.86$13,054
Jan 20221741,56281.844.54$21,328
Dec 202119074671.323.90$16,460
Nov 2021881,07677.435.24$12,449
Oct 20219015479.795.71$8,061
Sep 20218236369.865.35$7,671
Aug 20219981866.024.22$9,988
Jul 20213632,25070.783.98$34,653
Jun 20213733,07269.493.38$36,305
May 20213733,13563.483.02$33,138
Apr 20213753,51360.362.76$32,325
Mar 20215052,85961.302.72$38,724
Feb 20211057.805.55$58
Jan 20212031,56050.412.81$14,617
Dec 20203882,46844.642.68$23,923
Nov 20203723,27638.772.71$23,289
Oct 20203803,60536.972.48$22,983
Sep 20203563,28037.091.99$19,735
Aug 20206813,90639.982.39$36,543
Jul 20207103,42138.371.83$33,486
Jun 202053,73634.901.69$6,490
May 202032,18216.921.81$4,011
Apr 20204882,73314.751.80$12,129
Mar 20203533,13930.341.86$16,537
Feb 20207773,63549.881.98$45,957
Jan 20205663,40457.252.09$39,534
Dec 20193743,88359.012.30$31,018
Nov 20197406,06955.302.75$57,616
Oct 20191893,05453.472.42$17,492
Sep 201918217355.052.66$10,479
Aug 20195592,48853.112.30$35,422
Jul 20193712,22156.272.46$26,340
Jun 201912,92352.782.49$7,335
May 20193695,14658.482.74$35,681
Apr 20191834,49462.632.75$23,823
Mar 201917519356.803.06$10,531
Feb 20195462,51450.852.79$34,784
Jan 20197283,32246.033.23$44,234
Dec 20181894,39046.594.19$27,180
Nov 20181831,55452.934.24$16,271
Oct 20183493,84161.443.40$34,495
Sep 20185334,40459.543.11$45,422
Aug 20187404,73859.403.07$58,485
Jul 20185374,77165.142.93$48,968
Jun 20185314,56460.183.08$45,999
May 20183638,36365.382.90$47,992
Apr 20183607,25163.842.90$44,016
Mar 20187468,47861.222.79$69,297
Feb 20187197,04661.782.77$63,910
Jan 20185357,71962.874.01$64,583
Dec 20175527,89857.272.92$54,687
Nov 20173627,69955.423.12$44,070
Oct 20177177,90449.292.98$58,924
Sep 20175477,05447.523.09$47,771
Aug 20175305,03545.373.00$39,173
Jul 20175335,69843.873.09$40,974
Jun 20177025,73242.493.09$47,524
May 20175366,03745.373.26$44,019
Apr 20177335,65347.933.21$53,288
Mar 20177415,84046.772.98$52,081
Feb 20177165,51950.452.95$52,418
Jan 20177265,96149.413.42$56,251
Dec 20165255,22148.763.72$45,036
Nov 20163425,05342.492.64$27,893
Oct 20169045,61246.193.09$59,098
Sep 20161,0656,56341.553.10$64,600
Aug 20161864,98741.442.92$22,292
Jul 20163704,42841.622.92$28,348
Jun 20165836,15145.352.69$42,960
May 20163695,82542.521.99$27,288
Apr 20168996,81536.561.99$46,436
Mar 20161,0527,12533.011.79$47,509
Feb 20163646,90026.472.06$23,874
Jan 20167347,48127.352.36$37,763
Dec 20157307,20732.362.00$38,047
Nov 20157687,51538.792.17$46,078
Oct 20158658,50843.552.43$58,316
Sep 20157368,58442.992.76$55,319
Aug 20157089,29640.162.87$55,136
Jul 20159199,87448.152.95$73,330
Jun 20156778,35556.152.88$62,100
May 20151,1508,48755.212.96$88,574
Apr 201574910,18949.822.71$64,892
Mar 20151,11011,28342.892.93$80,720
Feb 20151,1259,89844.662.98$79,701
Jan 20151,12111,36043.433.10$83,908
Dec 201495813,04554.693.59$99,242
Nov 20141,19712,24970.464.25$136,421
Oct 201481810,44678.303.90$104,799
Sep 20141,19112,54386.164.05$153,359
Aug 20141,26413,52789.394.04$167,572
Jul 20141,43513,82496.564.18$196,342
Jun 20141,34113,50198.164.74$195,585
May 201453913,56294.734.73$115,161
Apr 201486614,22695.944.81$151,499
Mar 20141,50615,98595.895.06$225,243
Feb 20141,45415,41697.406.19$237,075
Jan 20141,50518,53690.404.86$226,150
Dec 20131,59922,76391.824.35$245,941
Nov 20131,15016,28988.853.74$163,070
Oct 20131,39720,82097.423.78$214,782
Sep 20131,04721,580104.113.72$189,232
Aug 20131,47924,437104.253.52$240,268
Jul 20132,00727,807102.523.72$309,137
Jun 20131,67630,63694.403.93$278,718
May 20131,86433,67194.834.15$316,467
Apr 20132,19727,24493.964.28$323,105
Mar 20132,49237,01693.623.91$378,140
Feb 20132,49334,41691.233.42$345,136
Jan 20132,92436,09791.603.42$391,287
Dec 20122,84040,76086.773.42$385,833
Nov 20123,78246,37486.953.62$496,949
Oct 20124,64853,77489.383.40$598,253
Sep 20124,65261,59194.672.92$620,152
Aug 20125,18573,10192.662.91$693,032
Jul 20126,75178,28285.133.02$811,187
Jun 20126,94464,89179.822.52$717,733
May 20129,54382,66491.612.49$1,079,929
Apr 20129,69791,268101.652.00$1,167,944
Mar 20129,85581,935105.052.22$1,217,334
Feb 201211,00884,998101.102.57$1,331,374
Jan 201213,10383,60498.092.73$1,513,853
Dec 20114,68311,51996.873.24$490,961
Nov 20110095.723.31$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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                  412 Mcf  × $  3.05 =     $1,255

────────────────────────────────────────────────────
Month total                                   $1,255

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/264428 is the state's own key, not one this site invented.