PETERS, ALTON

Operated by WESTLANDS RESOURCES CORPORATION (P-5 913020) in the GIDDINGS (AUSTIN CHALK-3) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 15101District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$632 k
Jan 1993 – Jul 2013
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
247
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 5,900 leases and 6,985 wells, and the rule below applies to all of them.

Discovered
1960-10-29
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 80 acres. The field rule took effect on 2025-09-30.

The Commission's schedule remark for this field reads: DKT OG-25-00028011: UFT FIELD, ALLOCATION FORMULA SUSPENDED

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA2none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition13,296 bbl$294,010
Casinghead gasProduction156,234 Mcf$337,711
Total$631,721

81,524 Mcf of this lease's gas, across 48 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 30.3383, -96.6659. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.33830, -96.66589 · 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
9,660 ft
1 wells filed one
Completion to plug
37.5 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 9,660 ft.

Completions filed
Oct 1981
1 of 1 wells
Plug dates filed
Apr 2019
1 of 1 wells

Last completion to plug: a median of 37.5 years across the 1 well that filed both dates, with the middle half between 37.5 years and 37.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0513139119,660 ftOct 1981Apr 2019Yes

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 (247)

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

247 months

Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 2013107094.834.15$10,147
Apr 20130093.964.28$0
Mar 2013019193.623.91$747
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 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
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 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
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 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 2007043891.677.29$3,194
Oct 2007042682.856.92$2,949
Sep 2007039775.846.24$2,479
Aug 2007037469.066.39$2,389
Jul 2007039170.906.39$2,498
Jun 2007032862.007.55$2,476
May 2007045958.747.85$3,601
Apr 200717348959.617.81$14,129
Mar 2007044156.927.30$3,220
Feb 2007022155.108.22$1,816
Jan 2007038550.306.73$2,590
Dec 2006041556.656.92$2,871
Nov 200617336654.207.62$12,165
Oct 2006040654.906.01$2,442
Sep 2006033160.085.04$1,667
Aug 2006033268.717.34$2,437
Jul 2006037169.376.34$2,353
Jun 2006026966.286.38$1,717
May 2006023666.016.42$1,516
Apr 2006021564.397.36$1,583
Mar 200616536756.707.08$11,955
Feb 2006033757.597.75$2,612
Jan 2006028160.598.93$2,510
Dec 2005040354.9413.42$5,406
Nov 200513574954.6910.59$15,314
Oct 200535585358.3413.80$32,478
Sep 2005060361.4512.08$7,284
Aug 200514041461.519.80$12,667
Jul 2005046355.697.84$3,632
Jun 2005046052.337.38$3,395
May 200512442745.226.65$8,447
Apr 2005040449.207.36$2,974
Mar 2005046650.377.15$3,334
Feb 2005038545.226.31$2,430
Jan 2005012843.166.32$809
Dec 2004049939.866.75$3,369
Nov 2004041145.286.33$2,602
Oct 2004043849.706.52$2,854
Sep 2004044043.245.28$2,325
Aug 2004053042.375.55$2,942
Jul 2004050238.286.08$3,054
Jun 2004041536.106.43$2,670
May 2004056937.486.49$3,695
Apr 2004056634.475.86$3,316
Mar 2004057134.365.53$3,158
Feb 2004051232.455.51$2,821
Jan 2004060132.036.30$3,786
Dec 2003057530.266.30$3,623
Nov 2003056928.804.60$2,615
Oct 2003056328.174.76$2,680
Sep 2003027826.314.75$1,320
Aug 2003043129.765.13$2,211
Jul 2003051329.415.17$2,653
Jun 2003047728.565.98$2,854
May 2003055326.595.97$3,303
Apr 2003050526.675.41$2,731
Mar 2003053531.146.10$3,261
Feb 20031553233.487.93$4,719
Jan 2003059830.315.58$3,338
Dec 2002058026.914.85$2,815
Nov 2002056924.664.14$2,354
Oct 2002030126.464.23$1,273
Sep 2002016227.443.64$589
Aug 2002023025.963.16$728
Jul 2002030224.583.06$925
Jun 2002014723.733.34$491
May 2002038524.663.58$1,380
Apr 200217390123.653.51$7,256
Mar 2002062922.003.10$1,952
Feb 2002053618.222.38$1,273
Jan 2002052917.172.38$1,257
Dec 2001071016.932.36$1,679
Nov 200101,08618.072.41$2,612
Oct 2001075119.782.53$1,899
Sep 2001069524.262.25$1,565
Aug 2001069124.873.05$2,110
Jul 20011831,26123.933.20$8,411
Jun 20011851,20624.563.82$9,156
May 200101,24325.524.31$5,354
Apr 2001055824.685.34$2,977
Mar 2001054424.545.38$2,925
Feb 2001047627.755.77$2,745
Jan 2001062627.478.40$5,258
Dec 2000076426.889.12$6,970
Nov 2000062032.215.66$3,508
Oct 2000044131.235.15$2,269
Sep 200018569631.875.19$9,506
Aug 200019048629.644.54$7,838
Jul 2000081228.534.09$3,321
Jun 2000098329.304.40$4,323
May 200018868727.263.68$7,653
Apr 20001881,06524.513.12$7,926
Mar 2000048428.422.86$1,384
Feb 200018828527.622.73$5,970
Jan 2000041225.272.48$1,022
Dec 1999028124.282.42$681
Nov 1999019423.192.43$472
Oct 1999022620.982.80$634
Sep 1999025121.752.62$657
Aug 1999030819.262.88$886
Jul 1999028517.892.37$676
Jun 1999032815.942.36$775
May 1999043915.792.32$1,019
Apr 1999038515.102.21$850
Mar 1999044812.471.84$824
Feb 19991625179.981.82$2,557
Jan 1999065510.381.90$1,244
Dec 199817289.201.77$1,300
Nov 199817963410.892.19$3,335
Oct 1998170112.421.97$1,393
Sep 199817662112.592.08$3,509
Aug 1998064511.301.91$1,230
Jul 199815865711.742.24$3,325
Jun 199817770511.242.24$3,567
May 199817585512.622.21$4,095
Apr 1998085013.042.51$2,130
Mar 19981711,01312.802.31$4,528
Feb 19981811,02413.952.30$4,879
Jan 1998012514.702.15$269
Dec 199714287716.322.41$4,432
Nov 199715591418.193.09$5,642
Oct 19971571,04719.253.15$6,320
Sep 19971801,03217.742.95$6,243
Aug 19971811,17617.862.55$6,237
Jul 1997081717.582.25$1,836
Jun 19971791,11517.242.26$5,603
May 19971741,06718.972.31$5,764
Apr 19971831,09817.882.08$5,559
Mar 199711,21018.951.94$2,365
Feb 19971561,12220.492.21$5,671
Jan 19971761,10323.483.54$8,037
Dec 19961811,30523.32$4,221
Nov 19961831,51921.97$4,021
Oct 19962671,47723.31$6,224
Sep 19961801,21822.22$4,000
Aug 1996096920.26$0
Jul 19961801,76519.55$3,519
Jun 199612576818.73$2,341
May 199617874019.43$3,459
Apr 1996287421.51$43
Mar 19963551,55819.38$6,880
Feb 199617891716.98$3,022
Jan 19968340617.07$1,417
Dec 199531,18917.19$52
Nov 199514623116.00$2,336
Oct 1995041715.43$0
Sep 19954961416.18$793
Aug 1995661,09615.92$1,051
Jul 19951771,58615.24$2,697
Jun 1995071416.41$0
May 1995671,32217.56$1,177
Apr 19951821,60917.73$3,227
Mar 19951532,03316.44$2,515
Feb 1995483716.58$66
Jan 19951431,82115.92$2,277
Dec 19941651,96715.03$2,480
Nov 19941091,73815.90$1,733
Oct 19941852,02115.58$2,882
Sep 19941762,13315.29$2,691
Aug 19941842,33316.13$2,968
Jul 19941562,22917.56$2,739
Jun 19942422,21817.09$4,136
May 19942672,64615.88$4,240
Apr 19942322,45014.14$3,280
Mar 19941772,47912.46$2,205
Feb 19944002,39212.50$5,000
Jan 1994942,18612.66$1,190
Dec 19931552,29212.33$1,911
Nov 19932632,41014.49$3,811
Oct 19931842,36515.85$2,916
Sep 19931812,60415.03$2,720
Aug 19931982,85715.66$3,101
Jul 19931792,22415.46$2,767
Jun 199321,27216.79$34
May 19931862,09917.68$3,288
Apr 19931822,31618.05$3,285
Mar 19933572,46718.14$6,476
Feb 199312,23817.90$18
Jan 19931872,60316.93$3,166

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.

May 2013 — as filed, then multipliedworked
Oil                  107 bbl  × $ 94.83 =    $10,147
Casinghead gas         0 Mcf  × $  4.15 =         $0

────────────────────────────────────────────────────
Month total                                  $10,147

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/O/15101 is the state's own key, not one this site invented.