PETERSON

Operated by TRIO CONSULTING & MANAGEMENT,LLC (P-5 870354) in the WORD, N. (7600) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 221173District 02Field 98768375CondensateGasSaveExport
Value, all time
$2.6 M
Jul 2006 – Sep 2013
Value, last 12 filed months
$323
at the published price for each month
Months reported
87
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1982-03-25
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 11/01/2013.

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
CondensateDisposition5,967 bbl$431,567
GasProduction287,384 Mcf$2,212,599
Total$2,644,166

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 29.3760, -96.9668. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.37599, -96.96677 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
9,200 ft
1 wells filed one
Completion to plug
7.2 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 9,200 ft.

Completions filed
Jul 2006
1 of 1 wells
Plug dates filed
Sep 2013
1 of 1 wells

Last completion to plug: a median of 7.2 years across the 1 well that filed both dates, with the middle half between 7.2 years and 7.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2853326119,200 ftJul 2006Sep 2013Yes

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 (87)

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

87 months

Sep 201333104.113.72$323
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 2012130107105.052.22$13,894
Feb 201211101.102.57$104
Jan 20121198.092.73$101
Dec 20110096.873.24$0
Nov 201180095.723.31$7,658
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 2010127078.103.51$9,919
Sep 20102272.633.98$153
Aug 201091473.684.42$725
Jul 20103010972.554.74$2,693
Jun 201091570.364.91$707
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20102278.394.39$166
Feb 20100073.585.44$0
Jan 201074774.365.96$801
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 2009183035.865.37$6,562
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 2008212575.246.92$1,016
Sep 20080259101.767.88$2,040
Aug 200813,195114.228.48$27,217
Jul 200825,508131.0811.39$62,995
Jun 20081848,326131.3313.03$132,674
May 20081779,178123.1711.57$128,030
Apr 20081799,867110.3110.45$122,904
Mar 20081829,375101.909.66$109,146
Feb 20081838,37292.538.77$90,360
Jan 20081829,50390.388.21$94,428
Dec 20071789,32688.337.30$83,821
Nov 200717310,46791.677.29$92,181
Oct 200717710,00582.856.92$83,919
Sep 20071799,85575.846.24$75,112
Aug 200717910,16069.066.39$77,263
Jul 200718211,22870.906.39$84,628
Jun 200736913,66862.007.55$126,050
May 200718112,60258.747.85$109,511
Apr 200736212,40659.617.81$118,410
Mar 200718313,08256.927.30$105,941
Feb 200736212,94955.108.22$126,335
Jan 200718214,95750.306.73$109,768
Dec 200653816,14056.656.92$142,141
Nov 200632218,51954.207.62$158,521
Oct 200636217,74154.906.01$126,565
Sep 200618213,57060.085.04$79,289
Aug 200618011,83768.717.34$99,250
Jul 200604,86369.376.34$30,845

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.

Sep 2013 — as filed, then multipliedworked
Condensate             3 bbl  × $104.11 =       $312
Gas                    3 Mcf  × $  3.72 =        $11

────────────────────────────────────────────────────
Month total                                     $323

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. 02/G/221173 is the state's own key, not one this site invented.