PEEBLES A

Operated by DEVON ENERGY PRODUCTION CO, L.P. (P-5 216378) in the EAGLEVILLE (EAGLE FORD-2) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 10515District 02Field 27135750Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$17.0 M
Feb 2013 – Mar 2017
Value, last 12 filed months
$372 k
at the published price for each month
Months reported
50
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 3,304 leases and 7,959 wells, and the rule below applies to all of them.

Discovered
2009-03-20
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
OilDisposition166,775 bbl$14,152,036
Casinghead gasProduction745,181 Mcf$2,858,007
Total$17,010,043

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 29.2231, -97.3428. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.22308, -97.34278 · 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
0.0%
0 of 1 wells
Median depth
13,085 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
1100.0%
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.
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 13,085 ft.

Completions filed
Apr 2014
1 of 1 wells

1 well

42-123328012H13,085 ftApr 2014Yes

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 (50)

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

50 months

Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20161,0594,45546.193.09$62,682
Sep 20169034,25741.553.10$50,719
Aug 20169064,49241.442.92$50,681
Jul 20168514,73441.622.92$49,262
Jun 20161,0704,75945.352.69$61,306
May 20168954,88742.521.99$47,786
Apr 20161,0754,91736.561.99$49,092
Mar 20161,0745,37133.011.79$45,088
Feb 20161,0985,53826.472.06$40,492
Jan 20161,3286,00127.352.36$50,509
Dec 20151,2166,13932.362.00$51,636
Nov 20151,1896,21538.792.17$59,591
Oct 20151,2286,13443.552.43$68,364
Sep 20151,4996,65242.992.76$82,791
Aug 20159527,29240.162.87$59,179
Jul 20151,6517,64848.152.95$102,020
Jun 20151,5438,33956.152.88$110,680
May 20151,1488,05755.212.96$87,193
Apr 20151,6789,53749.822.71$109,411
Mar 20152,25110,13442.892.93$126,286
Feb 20151,5198,77444.662.98$93,952
Jan 20152,3088,03543.433.10$125,150
Dec 20142,0669,48654.693.59$147,057
Nov 20141,9639,97470.464.25$180,721
Oct 20142,53011,45178.303.90$242,769
Sep 20142,2868,94086.164.05$233,128
Aug 20142,95412,94389.394.04$316,285
Jul 20143,37116,42596.564.18$394,154
Jun 20143,83619,48498.164.74$468,835
May 20144,51319,57194.734.73$520,020
Apr 20142,5725,32995.944.81$272,385
Mar 20143,65713,68495.895.06$419,867
Feb 20143,84917,09097.406.19$480,714
Jan 20148185,33290.404.86$99,865
Dec 20135,96032,21291.824.35$687,514
Nov 20136,54127,97088.853.74$685,728
Oct 20135,83823,74197.423.78$658,464
Sep 20135,24422,372104.113.72$629,126
Aug 20132,2968,951104.253.52$270,889
Jul 20136,79529,324102.523.72$805,642
Jun 201312,77956,26194.403.93$1,427,635
May 201314,94666,27694.834.15$1,692,314
Apr 201316,13969,92193.964.28$1,815,863
Mar 201318,06179,30093.623.91$2,001,161
Feb 20139,32036,77791.233.42$976,038

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.

Oct 2016 — as filed, then multipliedworked
Oil                1,059 bbl  × $ 46.19 =    $48,915
Casinghead gas     4,455 Mcf  × $  3.09 =    $13,767

────────────────────────────────────────────────────
Month total                                  $62,682

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/O/10515 is the state's own key, not one this site invented.