PEGGY UNIT

Operated by REDBUD E & P, INC. (P-5 696678) 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 18077District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$4.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$39 k
at the published price for each month
Months reported
401
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
NGPA1none

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
OilDisposition124,967 bbl$3,222,746
Casinghead gasProduction512,169 Mcf$1,433,438
Total$4,656,183

205,389 Mcf of this lease's gas, across 47 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 29.9551, -96.8608. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.95512, -96.86077 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
12,226 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
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.
1100.0%

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 12,226 ft.

Completions filed
Jul 2001
1 of 1 wells

1 well

42-14931865112,226 ftJul 2001

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 (401)

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

401 months

May 20262217106.413.05$874
Apr 202614131798.932.87$14,859
Mar 2026427089.753.15$1,209
Feb 202608263.503.75$308
Jan 2026114259.138.00$1,195
Dec 202510916556.664.41$6,904
Nov 202517911358.593.93$10,931
Oct 2025516959.383.30$855
Sep 202519962.743.08$367
Aug 2025117263.933.01$582
Jul 2025213866.743.32$591
Jun 2025116166.483.13$570
May 202515020060.553.23$9,729
Apr 202518247362.363.54$13,025
Mar 2025115467.704.27$725
Feb 2025113670.884.34$661
Jan 202504674.324.28$197
Dec 202407568.993.12$234
Nov 2024114569.052.20$388
Oct 2024016271.372.28$370
Sep 202407969.612.36$187
Aug 2024120075.632.06$488
Jul 202417717079.932.15$14,513
Jun 2024028878.082.63$759
May 2024039478.812.20$866
Apr 202408984.451.66$148
Mar 2024130580.301.55$552
Feb 202418331276.091.78$14,481
Jan 2024026873.023.30$884
Dec 2023131571.262.61$894
Nov 2023233377.892.81$1,091
Oct 202318131985.443.09$16,449
Sep 2023124089.042.74$745
Aug 2023126580.522.67$789
Jul 2023132574.852.64$933
Jun 202317833468.962.26$13,029
May 2023020970.622.23$466
Apr 2023024278.122.24$542
Mar 2023128972.852.39$764
Feb 202318826675.112.47$14,777
Jan 2023139776.533.39$1,421
Dec 202219441176.415.73$17,178
Nov 2022027485.005.65$1,547
Oct 202203787.185.86$217
Sep 2022014184.888.16$1,151
Aug 202218330094.529.13$20,035
Jul 20221222101.587.54$1,776
Jun 2022179272115.097.98$22,771
May 20221374109.378.43$3,263
Apr 20223315104.226.84$2,467
Mar 2022182507108.885.08$22,390
Feb 202217448291.054.86$18,185
Jan 202201,01681.844.54$4,610
Dec 202117455671.323.90$14,578
Nov 2021039277.435.24$2,053
Oct 202105079.795.71$286
Sep 202103769.865.35$198
Aug 2021010666.024.22$447
Jul 202102870.783.98$112
Jun 2021010269.493.38$345
May 2021011963.483.02$359
Apr 202104960.362.76$135
Mar 202108461.302.72$228
Feb 202117014957.805.55$10,653
Jan 2021024750.412.81$694
Dec 2020127944.642.68$791
Nov 2020031838.772.71$861
Oct 2020038936.972.48$964
Sep 2020042137.091.99$838
Aug 202017537539.982.39$7,891
Jul 202018343938.371.83$7,823
Jun 2020056334.901.69$952
May 2020059116.921.81$1,073
Apr 2020026014.751.80$469
Mar 2020043030.341.86$798
Feb 202017935149.881.98$9,624
Jan 2020381757.252.09$1,883
Dec 2019126959.012.30$679
Nov 201917848155.302.75$11,166
Oct 2019149353.472.42$1,246
Sep 2019173255.052.66$2,000
Aug 20191911,28253.112.30$13,098
Jul 2019125756.272.46$689
Jun 2019366352.782.49$1,810
May 2019010158.482.74$277
Apr 2019251962.632.75$1,553
Mar 201918352356.803.06$11,996
Feb 2019251650.852.79$1,542
Jan 2019236246.033.23$1,261
Dec 201818262046.594.19$11,074
Nov 2018135352.934.24$1,549
Oct 2018253761.443.40$1,948
Sep 2018345959.543.11$1,605
Aug 201808059.403.07$245
Jul 20181464665.142.93$9,645
Jun 201806560.183.08$200
May 201818766365.382.90$14,149
Apr 201801,17263.842.90$3,400
Mar 2018462461.222.79$1,984
Feb 201819147261.782.77$13,106
Jan 2018081362.874.01$3,260
Dec 2017053957.272.92$1,575
Nov 201718729355.423.12$11,277
Oct 20170049.292.98$0
Sep 201703647.523.09$111
Aug 2017012545.373.00$376
Jul 2017010743.873.09$330
Jun 2017012742.493.09$392
May 2017012345.373.26$401
Apr 2017011647.933.21$373
Mar 2017015646.772.98$465
Feb 201718821650.452.95$10,122
Jan 2017025749.413.42$879
Dec 2016020748.763.72$771
Nov 2016021842.492.64$576
Oct 2016025346.193.09$782
Sep 2016027541.553.10$853
Aug 2016029641.442.92$866
Jul 2016027341.622.92$798
Jun 2016013645.352.69$365
May 201608742.521.99$173
Apr 201607036.561.99$139
Mar 201605633.011.79$100
Feb 201695026.472.06$2,515
Jan 2016036927.352.36$872
Dec 201501,78832.362.00$3,579
Nov 2015079038.792.17$1,712
Oct 2015027243.552.43$660
Sep 201517018942.992.76$7,830
Aug 2015024640.162.87$707
Jul 2015024948.152.95$733
Jun 201518427956.152.88$11,136
May 2015030155.212.96$890
Apr 20156924449.822.71$4,098
Mar 2015024342.892.93$713
Feb 2015013544.662.98$402
Jan 2015023743.433.10$735
Dec 201419320454.693.59$11,288
Nov 2014015970.464.25$676
Oct 2014016578.303.90$644
Sep 2014014886.164.05$599
Aug 201409789.394.04$391
Jul 201418214696.564.18$18,184
Jun 2014013998.164.74$658
May 2014014294.734.73$671
Apr 2014014895.944.81$712
Mar 2014022495.895.06$1,133
Feb 201419219097.406.19$19,877
Jan 2014022590.404.86$1,094
Dec 2013023291.824.35$1,010
Nov 2013028788.853.74$1,073
Oct 201316224297.423.78$16,697
Sep 20130240104.113.72$892
Aug 20130228104.253.52$803
Jul 201317420102.523.72$17,913
Jun 2013032794.403.93$1,286
May 2013033094.834.15$1,369
Apr 2013017393.964.28$741
Mar 201319223793.623.91$18,902
Feb 2013024091.233.42$821
Jan 2013026491.603.42$903
Dec 201218327386.773.42$16,813
Nov 2012031586.953.62$1,142
Oct 2012028089.383.40$952
Sep 2012022094.672.92$642
Aug 201217424492.662.91$16,832
Jul 2012023385.133.02$704
Jun 2012021179.822.52$532
May 2012024491.612.49$607
Apr 2012194286101.652.00$20,291
Mar 20120210105.052.22$467
Feb 2012082101.102.57$211
Jan 2012013198.092.73$358
Dec 201118327596.873.24$18,618
Nov 2011032195.723.31$1,063
Oct 2011035284.983.65$1,284
Sep 201119238683.623.99$17,594
Aug 2011033183.404.15$1,373
Jul 2011040894.144.52$1,843
Jun 2011023992.904.64$1,109
May 201117544898.134.40$19,146
Apr 20110467105.964.33$2,024
Mar 201119459396.364.06$21,100
Feb 2011047585.644.18$1,985
Jan 2011050586.504.59$2,317
Dec 201019637585.734.35$18,433
Nov 2010023280.843.80$881
Oct 2010047878.103.51$1,677
Sep 201019353372.633.98$16,139
Aug 2010058273.684.42$2,572
Jul 2010064872.554.74$3,069
Jun 2010068770.364.91$3,373
May 201019283771.124.24$17,200
Apr 2010053181.694.12$2,189
Mar 201018861678.394.39$17,441
Feb 2010051373.585.44$2,792
Jan 2010065874.365.96$3,924
Dec 200919278471.445.48$18,016
Nov 2009075374.593.75$2,825
Oct 200919081572.544.11$17,132
Sep 2009075265.543.06$2,305
Aug 200919070767.423.22$15,085
Jul 2009087061.133.46$3,014
Jun 200918498066.163.90$15,991
May 200919391854.743.93$14,169
Apr 2009093346.773.59$3,347
Mar 200919682442.144.06$11,604
Feb 2009052832.814.63$2,446
Jan 200919975235.865.37$11,175
Dec 2008047537.105.98$2,839
Nov 200819751955.496.86$14,492
Oct 2008058675.246.92$4,056
Sep 20080509101.767.88$4,009
Aug 2008194602114.228.48$27,265
Jul 20080620131.0811.39$7,061
Jun 2008225599131.3313.03$37,356
May 20080642123.1711.57$7,431
Apr 2008195695110.3110.45$28,777
Mar 2008195757101.909.66$27,186
Feb 2008076292.538.77$6,683
Jan 200819662090.388.21$22,802
Dec 2007091988.337.30$6,711
Nov 200719375591.677.29$23,198
Oct 20071951,08582.856.92$23,666
Sep 2007097975.846.24$6,113
Aug 200719391169.066.39$19,148
Jul 20071981,13570.906.39$21,289
Jun 20071951,00562.007.55$19,676
May 20071951,17958.747.85$20,705
Apr 20071961,32259.617.81$22,002
Mar 20072021,70656.927.30$23,955
Feb 20071991,46355.108.22$22,985
Jan 20072001,50550.306.73$20,184
Dec 20061801,61156.656.92$21,343
Nov 20063752,34454.207.62$38,180
Oct 20061921,88154.906.01$21,853
Sep 20061871,67760.085.04$19,682
Aug 20061851,22268.717.34$21,681
Jul 2006157469.376.34$3,710
Jun 2006052866.286.38$3,371
May 2006128766.016.42$1,910
Apr 200619068864.397.36$17,298
Mar 200631,44356.707.08$10,391
Feb 20062011,00257.597.75$19,342
Jan 200621,48660.598.93$13,396
Dec 20051881,59854.9413.42$31,767
Nov 20051861,90354.6910.59$30,322
Oct 20051691,89058.3413.80$35,933
Sep 20051542,10361.4512.08$34,865
Aug 20051452,73061.519.80$35,664
Jul 20053472,63755.697.84$40,008
Jun 20051852,45552.337.38$27,802
May 20051732,52145.226.65$24,591
Apr 20051742,14049.207.36$24,312
Mar 20051891,46050.377.15$19,966
Feb 20051881,83345.226.31$20,071
Jan 20051842,33943.166.32$22,729
Dec 20041782,61739.866.75$24,763
Nov 20041592,91245.286.33$25,634
Oct 20043503,49849.706.52$40,185
Sep 20041723,03543.245.28$23,474
Aug 20043623,85742.375.55$36,747
Jul 20043543,15738.286.08$32,759
Jun 20045443,00936.106.43$38,995
May 200421,10237.486.49$7,232
Apr 20041781,23634.475.86$13,377
Mar 20043662,90434.365.53$28,635
Feb 20043642,25932.455.51$24,258
Jan 20043622,27732.036.30$25,939
Dec 20033573,06230.266.30$30,098
Nov 20033523,57928.804.60$26,584
Oct 20035282,99128.174.76$29,110
Sep 20033581,67126.314.75$17,355
Aug 200335597129.765.13$15,546
Jul 20031793,50029.415.17$23,362
Jun 20035362,86028.565.98$32,419
May 20035373,53026.595.97$35,362
Apr 20031851,85026.675.41$14,937
Mar 20033672,50931.146.10$26,723
Feb 20035522,48033.487.93$38,137
Jan 20037072,76330.315.58$36,852
Dec 20027332,62526.914.85$32,466
Nov 2002531024.664.14$13,094
Oct 2002355026.464.23$9,393
Sep 2002704027.443.64$19,318
Aug 2002890025.963.16$23,104
Jul 2002541024.583.06$13,298
Jun 2002541023.733.34$12,838
May 2002902024.663.58$22,243
Apr 2002895023.653.51$21,167
Mar 20021,0772,95322.003.10$32,856
Feb 20021,091018.222.38$19,878
Jan 20021,25623617.172.38$22,126
Dec 20011,428016.932.36$24,176
Nov 20011,6184,60018.072.41$40,303
Oct 20011,9756,42919.782.53$55,324
Sep 20012,8558,56624.262.25$88,547
Aug 20019,88325,22124.873.05$322,794
Jul 20017,87510,20323.933.20$221,069
Jun 20011624.563.82$48
May 2001030025.524.31$1,292
Apr 200136244824.685.34$11,324
Mar 2001028924.545.38$1,554
Feb 2001023627.755.77$1,361
Jan 2001044627.478.40$3,746
Dec 2000038426.889.12$3,503
Nov 200018450732.215.66$8,795
Oct 2000065931.235.15$3,391
Sep 200017620031.875.19$6,646
Aug 2000038829.644.54$1,762
Jul 2000028728.534.09$1,174
Jun 2000046629.304.40$2,049
May 200035652927.263.68$11,651
Apr 2000041524.513.12$1,293
Mar 2000059328.422.86$1,696
Feb 2000031027.622.73$845
Jan 200017956325.272.48$5,920
Dec 1999055924.282.42$1,355
Nov 199935585123.192.43$10,304
Oct 1999085420.982.80$2,394
Sep 1999068121.752.62$1,783
Aug 199919089219.262.88$6,224
Jul 1999072817.892.37$1,727
Jun 19993571,05415.942.36$8,180
May 1999074315.792.32$1,725
Apr 19993601,12215.102.21$7,913
Mar 199901,09612.471.84$2,015
Feb 19991789959.981.82$3,585
Jan 19993631,44310.381.90$6,510
Dec 199801,3539.201.77$2,399
Nov 19981801,13710.892.19$4,445
Oct 19981851,46412.421.97$5,181
Sep 19983501,55212.592.08$7,639
Aug 1998111011.301.91$221
Jul 199817863111.742.24$3,501
Jun 19981781,46511.242.24$5,278
May 19981771,21112.622.21$4,906
Apr 19981811,42013.042.51$5,918
Mar 19981881,66312.802.31$6,247
Feb 19981881,49913.952.30$6,069
Jan 19981851,75514.702.15$6,501
Dec 19973672,08616.322.41$11,019
Nov 19973651,41418.193.09$11,006
Oct 1997050019.253.15$1,575
Sep 199701,27017.742.95$3,753
Aug 19973741,43917.862.55$10,356
Jul 199701,27817.582.25$2,872
Jun 19971831,16417.242.26$5,782
May 199718195818.972.31$5,645
Apr 19971891,71817.882.08$6,958
Mar 199701,08418.951.94$2,102
Feb 19971831,75720.492.21$7,625
Jan 19973672,01423.483.54$15,746
Dec 19961821,84423.32$4,244
Nov 19961891,57721.97$4,152
Oct 19961781,30823.31$4,149
Sep 19963643,70122.22$8,088
Aug 19963614,08320.26$7,314
Jul 1996183,07719.55$352
Jun 19963592,74818.73$6,724
May 19963883,47019.43$7,539
Apr 19963713,28021.51$7,980
Mar 19963673,14019.38$7,112
Feb 19963662,71316.98$6,215
Jan 19963753,99017.07$6,401
Dec 19953684,74917.19$6,326
Nov 19957273,75716.00$11,632
Oct 19953663,53715.43$5,647
Sep 19957273,37216.18$11,763
Aug 19953743,10515.92$5,954
Jul 19957443,25415.24$11,339
Jun 19953682,83416.41$6,039
May 19957192,87817.56$12,626
Apr 1995371017.73$6,578
Mar 199535712616.44$5,869
Feb 19951393716.58$216
Jan 19951,1163,37415.92$17,767
Dec 19941,4555,66615.03$21,869
Nov 19942,1798,01415.90$34,646
Oct 19941,4496,13915.58$22,575
Sep 19942,1657,79715.29$33,103
Aug 19942,5568,02616.13$41,228
Jul 19948911,62017.56$15,646
Jun 19943601,83517.09$6,152
May 19945621,46615.88$8,925
Apr 19947212,42514.14$10,195
Mar 19942,32012,58212.46$28,907
Feb 19948,63733,08012.50$107,963
Jan 199422,16639,57312.66$280,622
Dec 19931,07614312.33$13,267
Nov 199317760714.49$2,565
Oct 1993360315.85$48
Sep 1993454515.03$60
Aug 1993361915.66$47
Jul 199317879215.46$2,752
Jun 1993295216.79$34
May 19932321,09917.68$4,102
Apr 1993095518.05$0
Mar 199311,37018.14$18
Feb 199301,22517.90$0
Jan 19931031,40216.93$1,744

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 2026 — as filed, then multipliedworked
Oil                    2 bbl  × $106.41 =       $213
Casinghead gas       217 Mcf  × $  3.05 =       $661

────────────────────────────────────────────────────
Month total                                     $874

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/18077 is the state's own key, not one this site invented.