PETERS UNIT

Operated by LONESTAR OPERATING, LLC (P-5 507495) in the GIDDINGS (AUSTIN CHALK, GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 219039District 03Field 34773550CondensateGasSaveExport
Value, all time
$359 k
Aug 2006 – Aug 2016
Value, last 12 filed months
$27 k
at the published price for each month
Months reported
121
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 1,061 leases and 1,061 wells, and the rule below applies to all of them.

Discovered
1978-08-01
as the register files it
Field class
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 80 acres. The field rule took effect on 2018-10-16.

The Commission's schedule remark for this field reads: AMENDED DRILLING PERMITS, NOTICE, OR HEARING.

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
CondensateDisposition3,518 bbl$238,322
GasProduction28,528 Mcf$120,415
Total$358,737

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 30.6661, -96.1889. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.66606, -96.18894 · 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
14,290 ft
1 wells filed one
Completion to plug
23.3 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 14,290 ft.

Completions filed
Jan 1993
1 of 1 wells
Plug dates filed
Apr 2016
1 of 1 wells

Last completion to plug: a median of 23.3 years across the 1 well that filed both dates, with the middle half between 23.3 years and 23.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-04131699214,290 ftJan 1993Apr 2016Yes

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 (121)

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

121 months

Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 201684036.561.99$3,071
Mar 20160033.011.79$0
Feb 201601526.472.06$31
Jan 2016018627.352.36$440
Dec 20159654432.362.00$4,195
Nov 201515552638.792.17$7,152
Oct 2015967243.552.43$2,023
Sep 201517485242.992.76$9,830
Aug 201517429840.162.87$7,844
Jul 201563348.152.95$386
Jun 201517536456.152.88$10,876
May 20151128355.212.96$1,444
Apr 2015669049.822.71$2,166
Mar 20153861,71042.892.93$21,574
Feb 20151901,90044.662.98$14,140
Jan 2015210443.433.10$409
Dec 201417656254.693.59$11,644
Nov 20141841,09570.464.25$17,620
Oct 20141801,63678.303.90$20,476
Sep 20141911,33586.164.05$21,857
Aug 20143682,80589.394.04$44,214
Jul 20145052,15396.564.18$57,761
Jun 20142144098.164.74$4,146
May 20141351194.734.73$12,841
Apr 2014351295.944.81$3,416
Mar 20141244295.895.06$12,103
Feb 201406197.406.19$378
Jan 201406690.404.86$321
Dec 201305791.824.35$248
Nov 201307488.853.74$277
Oct 201304197.423.78$155
Sep 2013063104.113.72$234
Aug 2013064104.253.52$225
Jul 2013086102.523.72$320
Jun 201303594.403.93$138
May 201307194.834.15$295
Apr 201305793.964.28$244
Mar 201307693.623.91$297
Feb 201303491.233.42$116
Jan 201304691.603.42$157
Dec 201206986.773.42$236
Nov 201203686.953.62$131
Oct 201208289.383.40$279
Sep 201208294.672.92$239
Aug 201201792.662.91$49
Jul 201206285.133.02$187
Jun 201207179.822.52$179
May 201205991.612.49$147
Apr 2012092101.652.00$184
Mar 20120118105.052.22$262
Feb 20120136101.102.57$350
Jan 201201298.092.73$33
Dec 201107696.873.24$246
Nov 201104595.723.31$149
Oct 201109984.983.65$361
Sep 201108783.623.99$347
Aug 2011010483.404.15$432
Jul 2011010794.144.52$483
Jun 2011015992.904.64$738
May 2011022098.134.40$969
Apr 20110203105.964.33$880
Mar 2011014496.364.06$584
Feb 201108685.644.18$359
Jan 2011010386.504.59$473
Dec 201008285.734.35$357
Nov 201007880.843.80$296
Oct 2010130878.103.51$10,181
Sep 2010163272.633.98$2,588
Aug 201009173.684.42$402
Jul 2010025472.554.74$1,203
Jun 201006870.364.91$334
May 201009371.124.24$394
Apr 2010012381.694.12$507
Mar 2010011578.394.39$505
Feb 20100073.585.44$0
Jan 2010087274.365.96$5,201
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 200909372.544.11$382
Sep 2009018265.543.06$558
Aug 20090067.423.22$0
Jul 2009010261.133.46$353
Jun 2009010666.163.90$413
May 2009014454.743.93$565
Apr 200905046.773.59$179
Mar 20090042.144.06$0
Feb 200907432.814.63$343
Jan 200907835.865.37$419
Dec 200806437.105.98$383
Nov 200809455.496.86$645
Oct 20080075.246.92$0
Sep 20080105101.767.88$827
Aug 2008040114.228.48$339
Jul 20080180131.0811.39$2,050
Jun 2008086131.3313.03$1,121
May 20080108123.1711.57$1,250
Apr 20080200110.3110.45$2,091
Mar 20080115101.909.66$1,111
Feb 2008028492.538.77$2,491
Jan 200808690.388.21$706
Dec 2007010588.337.30$767
Nov 20070091.677.29$0
Oct 2007017482.856.92$1,204
Sep 2007017975.846.24$1,118
Aug 2007010069.066.39$639
Jul 2007024370.906.39$1,552
Jun 2007010262.007.55$770
May 20070058.747.85$0
Apr 2007015559.617.81$1,210
Mar 2007027556.927.30$2,008
Feb 200701155.108.22$90
Jan 2007022350.306.73$1,500
Dec 200609056.656.92$623
Nov 2006019854.207.62$1,508
Oct 2006025954.906.01$1,558
Sep 2006025460.085.04$1,279
Aug 2006018568.717.34$1,358

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 2016 — as filed, then multipliedworked
Condensate            84 bbl  × $ 36.56 =     $3,071
Gas                    0 Mcf  × $  1.99 =         $0

────────────────────────────────────────────────────
Month total                                   $3,071

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/219039 is the state's own key, not one this site invented.