PETERSON

Operated by GULFTEX ENERGY, LLC (P-5 338751) in the SUGARKANE (AUSTIN CHALK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12164District 02Field 86950300OilCasinghead gasSave
Value, all time
$133.1 M
Mar 2021 – May 2026
Value, last 12 filed months
$6.7 M
at the published price for each month
Months reported
63
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition1,403,035 bbl$113,360,217
Casinghead gasProduction4,805,920 Mcf$19,745,780
Total$133,105,996

Wells on this lease (4)

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 28.9744, -97.9359. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

28.97440, -97.93582 · 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 4 wells
With a plug date
0.0%
0 of 4 wells
Median depth
10,709 ft
4 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.
4100.0%

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 10,692 and 10,722 ft, median 10,709 ft, over the 4 wells that filed a depth.

Completions filed
Mar 2021 – May 2022
4 of 4 wells

4 wells

42-25537354102H10,692 ftMay 2022
42-25537358103H10,701 ftMay 2022
42-25537196105H10,722 ftAug 2021
42-25537033101H10,716 ftMar 2021

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 (63)

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

63 months

May 202600106.413.05$0
Apr 20265,48244,63798.932.87$670,430
Mar 20265,88347,29589.753.15$676,952
Feb 20265,18542,04263.503.75$486,918
Jan 20265,94446,99859.138.00$727,355
Dec 20256,44746,68556.664.41$571,325
Nov 20256,26440,21458.593.93$524,906
Oct 20257,71546,84259.383.30$612,922
Sep 20255,55343,45762.743.08$482,109
Aug 20256,66145,82163.933.01$563,977
Jul 20256,52048,58866.743.32$596,224
Jun 20258,86848,70866.483.13$741,938
May 20256,68251,65260.553.23$571,551
Apr 20256,69253,25562.363.54$606,002
Mar 20257,02059,02967.704.27$727,209
Feb 20256,98871,11870.884.34$804,021
Jan 20258,22281,31374.324.28$958,971
Dec 20248,50974,68268.993.12$820,146
Nov 20248,73167,70969.052.20$751,730
Oct 20248,31672,65471.372.28$759,266
Sep 20249,21078,74669.612.36$827,292
Aug 20249,40377,28475.632.06$870,634
Jul 202410,37469,28579.932.15$977,920
Jun 20248,49858,14978.082.63$816,687
May 202410,33369,32878.812.20$966,757
Apr 202411,21071,38584.451.66$1,065,126
Mar 202413,19375,88480.301.55$1,176,649
Feb 202410,00558,41476.091.78$865,470
Jan 202411,49970,62173.023.30$1,072,541
Dec 202313,90482,84671.262.61$1,207,087
Nov 202314,50687,10777.892.81$1,374,430
Oct 202316,72794,98385.443.09$1,722,394
Sep 202315,89976,98289.042.74$1,626,196
Aug 202315,69677,26780.522.67$1,470,367
Jul 202317,42384,02474.852.64$1,526,086
Jun 202318,05986,97068.962.26$1,441,769
May 202320,49195,38270.622.23$1,659,528
Apr 202321,85497,12378.122.24$1,924,572
Mar 202324,338106,75672.852.39$2,028,507
Feb 202325,187102,12175.112.47$2,143,593
Jan 202331,760120,94576.533.39$2,840,321
Dec 202233,015122,75676.415.73$3,225,955
Nov 202239,624132,70985.005.65$4,117,342
Oct 202247,093143,13587.185.86$4,944,877
Sep 202254,856137,60684.888.16$5,779,549
Aug 202269,484142,76194.529.13$7,870,630
Jul 202278,429129,285101.587.54$8,941,896
Jun 202281,771116,251115.097.98$10,338,382
May 202210,77410,064109.378.43$1,263,222
Apr 20224,70423,063104.226.84$647,946
Mar 202230,839122,126108.885.08$3,977,711
Feb 202234,664107,12291.054.86$3,676,646
Jan 202243,088105,58681.844.54$4,005,437
Dec 202143,60499,66171.323.90$3,498,427
Nov 202148,838104,69077.435.24$4,329,772
Oct 202158,332116,27479.795.71$5,318,685
Sep 202165,218123,70869.865.35$5,218,081
Aug 202129,91340,91666.024.22$2,147,546
Jul 202119,62739,24870.783.98$1,545,488
Jun 202131,38248,39269.493.38$2,344,330
May 202139,33256,23263.483.02$2,666,485
Apr 202147,11269,01360.362.76$3,034,047
Mar 202130,08541,02161.302.72$1,955,662

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.

Apr 2026 — as filed, then multipliedworked
Oil                5,482 bbl  × $ 98.93 =   $542,334
Casinghead gas    44,637 Mcf  × $  2.87 =   $128,096

────────────────────────────────────────────────────
Month total                                 $670,430

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/12164 is the state's own key, not one this site invented.