PETERS

Name: PETERS lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by WCS OIL & GAS CORPORATION (P-5 902624) 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 18985District 03Field 34733500NGPA filingOilCasinghead gasSave Export

Value, all time

$1.1 M

Jan 1993 – Jul 2009

Value, last 12 filed months

$1 k

at the published price for each month

Months reported

199

no gaps in the span

Streams

oil, casinghead gas

The GIDDINGS (AUSTIN CHALK-3) field

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	37,121 bbl	$886,707
Casinghead gas	Production	91,629 Mcf	$167,481
Total			$1,054,188

52,990 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 30.0235, -96.9312. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.02347, -96.93115 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

10,275 ft

1 wells filed one

Completion to plug

17.7 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 10,275 ft.

Completions filed

Jul 1991

1 of 1 wells

Plug dates filed

Mar 2009

1 of 1 wells

Last completion to plug: a median of 17.7 years across the 1 well that filed both dates, with the middle half between 17.7 years and 17.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-14932100	1	10,275 ft	Jul 1991	Mar 2009	Yes

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 (199)

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

199 months


Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	2	0	75.24	6.92	$150
Sep 2008	3	0	101.76	7.88	$305
Aug 2008	9	0	114.22	8.48	$1,028
Jul 2008	11	0	131.08	11.39	$1,442
Jun 2008	178	0	131.33	13.03	$23,377
May 2008	0	276	123.17	11.57	$3,195
Apr 2008	186	166	110.31	10.45	$22,253
Mar 2008	0	117	101.90	9.66	$1,131
Feb 2008	185	101	92.53	8.77	$18,004
Jan 2008	0	119	90.38	8.21	$976
Dec 2007	178	62	88.33	7.30	$16,175
Nov 2007	0	77	91.67	7.29	$561
Oct 2007	0	97	82.85	6.92	$671
Sep 2007	0	124	75.84	6.24	$774
Aug 2007	172	176	69.06	6.39	$13,003
Jul 2007	0	285	70.90	6.39	$1,821
Jun 2007	180	157	62.00	7.55	$12,345
May 2007	0	102	58.74	7.85	$800
Apr 2007	0	114	59.61	7.81	$890
Mar 2007	180	112	56.92	7.30	$11,063
Feb 2007	0	127	55.10	8.22	$1,043
Jan 2007	0	199	50.30	6.73	$1,339
Dec 2006	178	286	56.65	6.92	$12,062
Nov 2006	0	192	54.20	7.62	$1,463
Oct 2006	176	197	54.90	6.01	$10,847
Sep 2006	0	197	60.08	5.04	$992
Aug 2006	0	208	68.71	7.34	$1,527
Jul 2006	170	220	69.37	6.34	$13,188
Jun 2006	0	238	66.28	6.38	$1,519
May 2006	172	256	66.01	6.42	$12,999
Apr 2006	0	284	64.39	7.36	$2,090
Mar 2006	179	278	56.70	7.08	$12,118
Feb 2006	0	289	57.59	7.75	$2,240
Jan 2006	181	469	60.59	8.93	$15,157
Dec 2005	179	680	54.94	13.42	$18,957
Nov 2005	352	615	54.69	10.59	$25,763
Oct 2005	2	169	58.34	13.80	$2,448
Sep 2005	0	37	61.45	12.08	$447
Aug 2005	0	3	61.51	9.80	$29
Jul 2005	0	37	55.69	7.84	$290
Jun 2005	0	41	52.33	7.38	$303
May 2005	176	22	45.22	6.65	$8,105
Apr 2005	0	138	49.20	7.36	$1,016
Mar 2005	181	95	50.37	7.15	$9,797
Feb 2005	1	87	45.22	6.31	$594
Jan 2005	174	39	43.16	6.32	$7,756
Dec 2004	0	52	39.86	6.75	$351
Nov 2004	0	88	45.28	6.33	$557
Oct 2004	171	157	49.70	6.52	$9,522
Sep 2004	0	126	43.24	5.28	$666
Aug 2004	172	149	42.37	5.55	$8,115
Jul 2004	171	103	38.28	6.08	$7,173
Jun 2004	0	185	36.10	6.43	$1,190
May 2004	174	204	37.48	6.49	$7,846
Apr 2004	0	239	34.47	5.86	$1,400
Mar 2004	177	288	34.36	5.53	$7,674
Feb 2004	0	264	32.45	5.51	$1,455
Jan 2004	178	304	32.03	6.30	$7,616
Dec 2003	175	314	30.26	6.30	$7,274
Nov 2003	0	279	28.80	4.60	$1,282
Oct 2003	193	279	28.17	4.76	$6,765
Sep 2003	192	76	26.31	4.75	$5,412
Aug 2003	1	103	29.76	5.13	$558
Jul 2003	187	170	29.41	5.17	$6,379
Jun 2003	187	171	28.56	5.98	$6,364
May 2003	0	187	26.59	5.97	$1,117
Apr 2003	188	243	26.67	5.41	$6,328
Mar 2003	188	229	31.14	6.10	$7,250
Feb 2003	0	318	33.48	7.93	$2,520
Jan 2003	192	446	30.31	5.58	$8,309
Dec 2002	189	103	26.91	4.85	$5,586
Nov 2002	2	21	24.66	4.14	$136
Oct 2002	0	1	26.46	4.23	$4
Sep 2002	183	0	27.44	3.64	$5,022
Aug 2002	0	137	25.96	3.16	$433
Jul 2002	190	344	24.58	3.06	$5,723
Jun 2002	190	174	23.73	3.34	$5,090
May 2002	0	107	24.66	3.58	$383
Apr 2002	192	114	23.65	3.51	$4,941
Mar 2002	184	12	22.00	3.10	$4,085
Feb 2002	189	172	18.22	2.38	$3,852
Jan 2002	0	299	17.17	2.38	$710
Dec 2001	182	241	16.93	2.36	$3,651
Nov 2001	194	318	18.07	2.41	$4,271
Oct 2001	188	299	19.78	2.53	$4,475
Sep 2001	0	153	24.26	2.25	$344
Aug 2001	185	256	24.87	3.05	$5,383
Jul 2001	190	182	23.93	3.20	$5,129
Jun 2001	189	79	24.56	3.82	$4,944
May 2001	193	157	25.52	4.31	$5,602
Apr 2001	0	64	24.68	5.34	$341
Mar 2001	171	153	24.54	5.38	$5,019
Feb 2001	191	277	27.75	5.77	$6,898
Jan 2001	194	313	27.47	8.40	$7,958
Dec 2000	197	351	26.88	9.12	$8,497
Nov 2000	195	373	32.21	5.66	$8,391
Oct 2000	1	352	31.23	5.15	$1,842
Sep 2000	175	344	31.87	5.19	$7,361
Aug 2000	180	294	29.64	4.54	$6,670
Jul 2000	186	456	28.53	4.09	$7,172
Jun 2000	183	266	29.30	4.40	$6,532
May 2000	372	467	27.26	3.68	$11,859
Apr 2000	187	210	24.51	3.12	$5,238
Mar 2000	190	93	28.42	2.86	$5,666
Feb 2000	186	400	27.62	2.73	$6,228
Jan 2000	372	357	25.27	2.48	$10,286
Dec 1999	0	397	24.28	2.42	$962
Nov 1999	368	427	23.19	2.43	$9,573
Oct 1999	182	492	20.98	2.80	$5,198
Sep 1999	353	878	21.75	2.62	$9,977
Aug 1999	367	454	19.26	2.88	$8,374
Jul 1999	0	14	17.89	2.37	$33
Jun 1999	0	57	15.94	2.36	$135
May 1999	186	84	15.79	2.32	$3,132
Apr 1999	182	169	15.10	2.21	$3,121
Mar 1999	179	209	12.47	1.84	$2,616
Feb 1999	0	250	9.98	1.82	$454
Jan 1999	366	477	10.38	1.90	$4,705
Dec 1998	1	327	9.20	1.77	$589
Nov 1998	164	430	10.89	2.19	$2,726
Oct 1998	186	3,351	12.42	1.97	$8,909
Sep 1998	199	457	12.59	2.08	$3,457
Aug 1998	379	705	11.30	1.91	$5,627
Jul 1998	182	383	11.74	2.24	$2,994
Jun 1998	386	551	11.24	2.24	$5,571
May 1998	190	270	12.62	2.21	$2,994
Apr 1998	198	452	13.04	2.51	$3,714
Mar 1998	198	169	12.80	2.31	$2,925
Feb 1998	198	445	13.95	2.30	$3,785
Jan 1998	198	490	14.70	2.15	$3,966
Dec 1997	379	423	16.32	2.41	$7,205
Nov 1997	182	542	18.19	3.09	$4,984
Oct 1997	202	413	19.25	3.15	$5,189
Sep 1997	179	536	17.74	2.95	$4,759
Aug 1997	379	438	17.86	2.55	$7,888
Jul 1997	198	558	17.58	2.25	$4,735
Jun 1997	372	482	17.24	2.26	$7,501
May 1997	199	636	18.97	2.31	$5,243
Apr 1997	202	498	17.88	2.08	$4,649
Mar 1997	193	558	18.95	1.94	$4,739
Feb 1997	387	518	20.49	2.21	$9,072
Jan 1997	378	698	23.48	3.54	$11,346
Dec 1996	374	699	23.32	—	$8,722
Nov 1996	299	476	21.97	—	$6,569
Oct 1996	8	556	23.31	—	$186
Sep 1996	400	649	22.22	—	$8,888
Aug 1996	198	680	20.26	—	$4,011
Jul 1996	200	665	19.55	—	$3,910
Jun 1996	359	714	18.73	—	$6,724
May 1996	177	536	19.43	—	$3,439
Apr 1996	170	564	21.51	—	$3,657
Mar 1996	367	497	19.38	—	$7,112
Feb 1996	374	465	16.98	—	$6,351
Jan 1996	386	775	17.07	—	$6,589
Dec 1995	368	6,009	17.19	—	$6,326
Nov 1995	19	2,871	16.00	—	$304
Oct 1995	369	606	15.43	—	$5,694
Sep 1995	368	513	16.18	—	$5,954
Aug 1995	368	633	15.92	—	$5,859
Jul 1995	183	314	15.24	—	$2,789
Jun 1995	366	522	16.41	—	$6,006
May 1995	189	556	17.56	—	$3,319
Apr 1995	373	598	17.73	—	$6,613
Mar 1995	199	650	16.44	—	$3,272
Feb 1995	190	646	16.58	—	$3,150
Jan 1995	371	650	15.92	—	$5,906
Dec 1994	370	758	15.03	—	$5,561
Nov 1994	379	704	15.90	—	$6,026
Oct 1994	368	657	15.58	—	$5,733
Sep 1994	188	754	15.29	—	$2,875
Aug 1994	189	939	16.13	—	$3,049
Jul 1994	191	936	17.56	—	$3,354
Jun 1994	372	973	17.09	—	$6,357
May 1994	367	814	15.88	—	$5,828
Apr 1994	382	545	14.14	—	$5,401
Mar 1994	364	851	12.46	—	$4,535
Feb 1994	167	864	12.50	—	$2,088
Jan 1994	373	1,164	12.66	—	$4,722
Dec 1993	187	1,281	12.33	—	$2,306
Nov 1993	350	1,094	14.49	—	$5,072
Oct 1993	550	1,345	15.85	—	$8,718
Sep 1993	539	1,336	15.03	—	$8,101
Aug 1993	380	1,373	15.66	—	$5,951
Jul 1993	366	1,485	15.46	—	$5,658
Jun 1993	543	2,095	16.79	—	$9,117
May 1993	547	2,409	17.68	—	$9,671
Apr 1993	868	2,666	18.05	—	$15,667
Mar 1993	913	2,111	18.14	—	$16,562
Feb 1993	726	2,152	17.90	—	$12,995
Jan 1993	1,284	1,840	16.93	—	$21,738

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.

Oct 2008 — as filed, then multipliedworked

Oil                    2 bbl  × $ 75.24 =       $150
Casinghead gas         0 Mcf  × $  6.92 =         $0

────────────────────────────────────────────────────
Month total                                     $150

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/18985 is the state's own key, not one this site invented.