PETERS, GERD

Operated by PETECH ENTERPRISES, INC. (P-5 657840) in the HILLJE (F-18) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 147203District 03Field 41490162CondensateGasSaveExport
Value, all time
$149 k
Jul 1993 – Jan 1998
Value, last 12 filed months
$49 k
at the published price for each month
Months reported
55
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1963-02-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
CondensateDisposition6,258 bbl$134,390
GasProduction125,210 Mcf$14,262
Total$148,652

119,581 Mcf of this lease's gas, across 41 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 29.0576, -96.3128. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.05763, -96.31280 · 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
6,662 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 6,662 ft.

Completions filed
Jul 2005
1 of 1 wells

1 well

42-481328962A6,662 ftJul 2005Yes

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 (55)

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

55 months

Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 1997220017.882.08$3,934
Mar 19971,0231,96418.951.94$23,194
Feb 19978601,88920.492.21$21,788
Jan 19978721,77623.483.54$26,761
Dec 19968532,38923.32$19,892
Nov 19961,0532,67221.97$23,134
Oct 19961,0173,91523.31$23,706
Sep 19961803,42622.22$4,000
Aug 199604,26820.26$0
Jul 199601,56819.55$0
Jun 19960018.73$0
May 199602,53619.43$0
Apr 1996023021.51$0
Mar 1996025619.38$0
Feb 199601,39316.98$0
Jan 199602,24317.07$0
Dec 199502,05617.19$0
Nov 199502,02816.00$0
Oct 199502,39215.43$0
Sep 199502,64616.18$0
Aug 199502,75415.92$0
Jul 199502,86115.24$0
Jun 199503,20216.41$0
May 199503,80517.56$0
Apr 199503,78517.73$0
Mar 199503,92616.44$0
Feb 199503,49516.58$0
Jan 199503,85015.92$0
Dec 199404,05415.03$0
Nov 199404,04215.90$0
Oct 199404,56015.58$0
Sep 199404,04415.29$0
Aug 199404,02916.13$0
Jul 199404,29817.56$0
Jun 199404,15117.09$0
May 199404,29715.88$0
Apr 199403,76114.14$0
Mar 19941803,40012.46$2,243
Feb 199402,68512.50$0
Jan 199403,00112.66$0
Dec 199302,25512.33$0
Nov 199301,65914.49$0
Oct 199301,40015.85$0
Sep 199302,16115.03$0
Aug 199303,72515.66$0
Jul 1993036315.46$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.

Apr 1997 — as filed, then multipliedworked
Condensate           220 bbl  × $ 17.88 =     $3,934
Gas                    0 Mcf  × $  2.08 =         $0

────────────────────────────────────────────────────
Month total                                   $3,934

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. 03/G/147203 is the state's own key, not one this site invented.