PEELER UNIT III MCM

Operated by INEOS USA OIL & GAS LLC (P-5 424176) in the EAGLEVILLE (EAGLE FORD-1) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18502District 01Field 27135700Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$30.9 M
Dec 2014 – May 2026
Value, last 12 filed months
$439 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 5,086 leases and 10,995 wells, and the rule below applies to all of them.

Discovered
2009-08-12
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 2017-02-28.

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: BASED ON 3000 TO 1 GAS OIL RATIO

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
OilDisposition537,305 bbl$27,853,817
Casinghead gasProduction926,278 Mcf$3,001,544
Total$30,855,361

Wells on this lease (3)

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 28.6033, -98.4457. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

28.60331, -98.44570 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
10,491 ft
3 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.
3100.0%

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

Between 10,462 and 10,502 ft, median 10,491 ft, over the 3 wells that filed a depth.

Completions filed
Oct 2016 – Nov 2016
3 of 3 wells

3 wells

42-31136278N 3H10,491 ftNov 2016
42-31136279N 4H10,462 ftOct 2016
42-31136269N 2H10,502 ftOct 2016

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

May 20267711,491106.413.05$86,583
Apr 202625850998.932.87$26,985
Mar 20262062189.753.15$18,555
Feb 202664791063.503.75$44,497
Jan 20269221,37659.138.00$65,523
Dec 202567098456.664.41$42,305
Nov 202562869658.593.93$39,527
Oct 202581811659.383.30$48,956
Sep 20259279662.743.08$58,455
Aug 20250063.933.01$0
Jul 2025562266.743.32$3,810
Jun 2025604966.483.13$4,142
May 20254691,13160.553.23$32,054
Apr 20255181,86162.363.54$38,896
Mar 20257172,28567.704.27$58,294
Feb 20258973,44170.884.34$78,516
Jan 20258804,86874.324.28$86,230
Dec 20249604,44268.993.12$80,096
Nov 20249395,18869.052.20$76,243
Oct 20249785,21971.372.28$81,706
Sep 20248196,13169.612.36$71,506
Aug 20241,1428,04275.632.06$102,965
Jul 20241,4457,74979.932.15$132,133
Jun 20241,3646,56678.082.63$123,796
May 20241,5898,28578.812.20$143,443
Apr 20242,06910,29784.451.66$191,812
Mar 20241,95410,76880.301.55$173,544
Feb 20241,5737,89076.091.78$133,762
Jan 20241,6844,07673.023.30$136,407
Dec 202338052571.262.61$28,449
Nov 20231,3341,49977.892.81$108,114
Oct 20239111,96085.443.09$83,887
Sep 20239692,96689.042.74$94,392
Aug 20231,2503,90780.522.67$111,093
Jul 20231,4133,63774.852.64$115,371
Jun 20231,3164,18468.962.26$100,201
May 20231,7795,62170.622.23$138,153
Apr 20239463,48078.122.24$81,689
Mar 20231,5186,23672.852.39$125,510
Feb 20231,3355,31775.112.47$113,382
Jan 20231,5116,67176.533.39$138,236
Dec 20221,1314,67976.415.73$113,226
Nov 20221,3287,10985.005.65$153,019
Oct 20221,5947,55287.185.86$183,248
Sep 20221,4965,23384.888.16$169,701
Aug 20221,3966,14594.529.13$188,036
Jul 20221,6106,709101.587.54$214,144
Jun 20221,9304,829115.097.98$260,646
May 20222,1084,082109.378.43$264,976
Apr 20221,9333,078104.226.84$222,503
Mar 20222,3833,253108.885.08$275,975
Feb 20221,3744,75091.054.86$148,182
Jan 20221,5633,70881.844.54$144,742
Dec 20211,1313,41371.323.90$93,971
Nov 20211,0673,86877.435.24$102,874
Oct 20211,4405,85579.795.71$148,352
Sep 20211,5155,88269.865.35$137,312
Aug 20211,4125,59766.024.22$116,843
Jul 20211,6626,27470.783.98$142,620
Jun 20211,6095,89369.493.38$131,731
May 20211,7006,23063.483.02$126,716
Apr 20212,2796,89360.362.76$156,574
Mar 20213,1396,01461.302.72$208,760
Feb 20211,4591,49657.805.55$92,630
Jan 20211,1692,73950.412.81$66,627
Dec 20201,9105,72944.642.68$100,590
Nov 20201,9614,25138.772.71$87,534
Oct 20202,7616,56936.972.48$118,355
Sep 20203,2775,16337.091.99$131,824
Aug 20205,9101,74039.982.39$240,432
Jul 20206,6399238.371.83$254,906
Jun 20200034.901.69$0
May 2020507716.921.81$986
Apr 20202,2583,94414.751.80$40,422
Mar 20202,3293,72330.341.86$77,573
Feb 20202,2443,34749.881.98$118,560
Jan 20202,3633,63157.252.09$142,888
Dec 20192,4414,10859.012.30$153,510
Nov 20192,5134,99855.302.75$152,717
Oct 20192,6966,16553.472.42$159,065
Sep 20192,6326,57855.052.66$162,371
Aug 20193,0647,25853.112.30$179,454
Jul 20193,1236,69356.272.46$192,196
Jun 20193,1066,33052.782.49$179,704
May 20193,3747,23958.482.74$217,149
Apr 20193,5495,62262.632.75$237,738
Mar 20193,8265,32956.803.06$233,635
Feb 20194,1035,32050.852.79$223,492
Jan 20193,1594,46146.033.23$159,810
Dec 20183,2083,65846.594.19$164,771
Nov 20183,2034,34352.934.24$187,937
Oct 20183,8425,64661.443.40$255,238
Sep 20183,7407,66159.543.11$246,490
Aug 20183,3817,14059.403.07$222,727
Jul 20184,1469,44765.142.93$297,768
Jun 20185,51310,03360.183.08$362,643
May 20185,3676,31165.382.90$369,201
Apr 20184,33410,06563.842.90$305,879
Mar 20185,18713,04161.222.79$353,891
Feb 20184,88411,75961.782.77$334,260
Jan 20185,75213,02462.874.01$413,846
Dec 20176,22114,64557.272.92$399,062
Nov 20176,68113,58555.423.12$412,624
Oct 20176,58412,58549.292.98$362,075
Sep 20179,47223,54947.523.09$522,812
Aug 201710,38824,41845.373.00$544,665
Jul 20179,81019,95843.873.09$491,981
Jun 20179,56320,96042.493.09$471,041
May 201710,66732,49445.373.26$590,003
Apr 201712,94130,39547.933.21$717,879
Mar 201714,40330,37546.772.98$764,258
Feb 201716,39728,58950.452.95$911,641
Jan 201719,41121,35749.413.42$1,032,113
Dec 201620,00522,19848.763.72$1,058,083
Nov 201625,49025,10842.492.64$1,149,464
Oct 201633,95532,80346.193.09$1,669,751
Sep 201643,13938,05941.553.10$1,910,432
Aug 201660,13241,12541.442.92$2,612,134
Jul 201620,15111,78741.622.92$873,154
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$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
Oil                  771 bbl  × $106.41 =    $82,042
Casinghead gas     1,491 Mcf  × $  3.05 =     $4,541

────────────────────────────────────────────────────
Month total                                  $86,583

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/O/18502 is the state's own key, not one this site invented.