PETERS-CHMELAR UNIT #1

Operated by SAGE ENERGY COMPANY (P-5 743215) 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 16942District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$405 k
Jan 1993 – Feb 2004
Value, last 12 filed months
$28 k
at the published price for each month
Months reported
134
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

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
OilDisposition10,013 bbl$188,475
Casinghead gasProduction170,016 Mcf$216,600
Total$405,074

102,203 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 30.3435, -96.6726. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.34354, -96.67263 · 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
9,340 ft
1 wells filed one
Completion to plug
42.9 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 9,340 ft.

Completions filed
Mar 1981
1 of 1 wells
Plug dates filed
Feb 2024
1 of 1 wells

Last completion to plug: a median of 42.9 years across the 1 well that filed both dates, with the middle half between 42.9 years and 42.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0513070119,340 ftMar 1981Feb 2024Yes

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 (134)

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

134 months

Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 200322156230.266.30$10,229
Nov 2003050628.804.60$2,325
Oct 2003135928.174.76$1,737
Sep 2003025926.314.75$1,230
Aug 2003025729.765.13$1,318
Jul 2003046329.415.17$2,394
Jun 2003032528.565.98$1,944
May 2003029026.595.97$1,732
Apr 2003041826.675.41$2,260
Mar 2003050631.146.10$3,085
Feb 2003271233.487.93$5,710
Jan 200318793230.315.58$10,870
Dec 200219389826.914.85$9,552
Nov 200219067624.664.14$7,482
Oct 2002159926.464.23$2,560
Sep 200218870227.443.64$7,711
Aug 200218874925.963.16$7,250
Jul 200237986124.583.06$11,952
Jun 2002051923.733.34$1,733
May 2002051024.663.58$1,828
Apr 2002064223.653.51$2,255
Mar 2002055522.003.10$1,722
Feb 2002040818.222.38$969
Jan 2002059017.172.38$1,402
Dec 200138154716.932.36$7,744
Nov 2001146418.072.41$1,134
Oct 2001041419.782.53$1,047
Sep 2001048524.262.25$1,092
Aug 2001159324.873.05$1,835
Jul 2001053823.933.20$1,720
Jun 200137067124.563.82$11,653
May 2001162725.524.31$2,726
Apr 2001074824.685.34$3,991
Mar 2001278224.545.38$4,253
Feb 2001154927.755.77$3,194
Jan 2001139727.478.40$3,362
Dec 2000063826.889.12$5,820
Nov 2000039532.215.66$2,235
Oct 2000452131.235.15$2,806
Sep 2000065831.875.19$3,413
Aug 2000073729.644.54$3,347
Jul 2000078228.534.09$3,198
Jun 2000083529.304.40$3,672
May 2000083427.263.68$3,069
Apr 2000180724.513.12$2,539
Mar 2000083628.422.86$2,391
Feb 2000060327.622.73$1,644
Jan 2000164425.272.48$1,623
Dec 199918790724.282.42$6,739
Nov 1999093123.192.43$2,266
Oct 1999096320.982.80$2,700
Sep 1999099021.752.62$2,593
Aug 19991891,00219.262.88$6,521
Jul 199911,00417.892.37$2,400
Jun 1999186515.942.36$2,059
May 199901,33015.792.32$3,087
Apr 199901,02115.102.21$2,254
Mar 199901,15912.471.84$2,131
Feb 199909099.981.82$1,652
Jan 1999091210.381.90$1,733
Dec 199819869.201.77$1,758
Nov 19981771,13610.892.19$4,411
Oct 199801,13512.421.97$2,235
Sep 1998053912.592.08$1,123
Aug 199801,05811.301.91$2,018
Jul 199801,01411.742.24$2,269
Jun 1998085911.242.24$1,922
May 199818589212.622.21$4,303
Apr 199801,10313.042.51$2,763
Mar 199801,20112.802.31$2,774
Feb 1998073013.952.30$1,678
Jan 19981851,09614.702.15$5,081
Dec 1997093416.322.41$2,252
Nov 19971811,38918.193.09$7,582
Oct 199701,08019.253.15$3,402
Sep 199701,37917.742.95$4,075
Aug 19971781,25117.862.55$6,375
Jul 199701,28017.582.25$2,876
Jun 199701,23917.242.26$2,797
May 199701,24618.972.31$2,876
Apr 199701,37217.882.08$2,858
Mar 19971961,46718.951.94$6,559
Feb 199711,51420.492.21$3,360
Jan 19971851,51723.483.54$9,714
Dec 199612,06423.32$23
Nov 19961711,55121.97$3,757
Oct 199601,55023.31$0
Sep 19961871,51022.22$4,155
Aug 19961891,71520.26$3,829
Jul 19961861,53119.55$3,636
Jun 19961881,65618.73$3,521
May 199601,62819.43$0
Apr 19963761,26421.51$8,088
Mar 199621,30819.38$39
Feb 199661,07516.98$102
Jan 19963721,45017.07$6,350
Dec 199511,62317.19$17
Nov 199511,71216.00$16
Oct 19953481,70215.43$5,370
Sep 199511,78016.18$16
Aug 199511,82515.92$16
Jul 19953751,94315.24$5,715
Jun 199511,78416.41$16
May 199502,27617.56$0
Apr 19951982,20117.73$3,511
Mar 199502,36416.44$0
Feb 19951562,06916.58$2,586
Jan 199502,41815.92$0
Dec 19941762,35615.03$2,645
Nov 19943462,19615.90$5,501
Oct 19941811,91015.58$2,820
Sep 19941932,14615.29$2,951
Aug 199402,17216.13$0
Jul 19941782,29317.56$3,126
Jun 19941702,33617.09$2,905
May 19941172,55115.88$1,858
Apr 19941692,38014.14$2,390
Mar 19941842,62212.46$2,293
Feb 199412,28712.50$13
Jan 19941742,49312.66$2,203
Dec 19931792,80112.33$2,207
Nov 19931682,53114.49$2,434
Oct 199312,68615.85$16
Sep 19933392,71915.03$5,095
Aug 199302,68715.66$0
Jul 19931672,80015.46$2,582
Jun 199302,61016.79$0
May 199302,61117.68$0
Apr 19931772,85318.05$3,195
Mar 199302,72118.14$0
Feb 19931722,52617.90$3,079
Jan 19931802,91716.93$3,047

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.

Dec 2003 — as filed, then multipliedworked
Oil                  221 bbl  × $ 30.26 =     $6,687
Casinghead gas       562 Mcf  × $  6.30 =     $3,542

────────────────────────────────────────────────────
Month total                                  $10,229

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/16942 is the state's own key, not one this site invented.