PETERS

Operated by TEX-LEE OPERATING COMPANY (P-5 849765) in the SERBIN (TAYLOR SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 22687District 03Field 82265500OilCasinghead gasSaveExport
Value, all time
$488 k
May 1995 – May 2026
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
373
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 444 leases and 641 wells, and the rule below applies to all of them.

Discovered
1985-11-19
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2013-08-06.

The Commission's schedule remark for this field reads: 1500 FT DIAGONAL.

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
OilDisposition7,251 bbl$313,843
Casinghead gasProduction44,657 Mcf$173,785
Total$487,628

2,665 Mcf of this lease's gas, across 6 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 30.1300, -97.0468. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.12995, -97.04681 · 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
5,554 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 5,554 ft.

Completions filed
Nov 1985
1 of 1 wells

1 well

42-2873186115,554 ftNov 1985

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 (373)

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

373 months

May 202608106.413.05$24
Apr 20260898.932.87$23
Mar 20260989.753.15$28
Feb 202601763.503.75$64
Jan 202603159.138.00$248
Dec 202503656.664.41$159
Nov 202503158.593.93$122
Oct 202503259.383.30$106
Sep 202503862.743.08$117
Aug 202503663.933.01$109
Jul 202503566.743.32$116
Jun 202503966.483.13$122
May 202502560.553.23$81
Apr 2025454362.363.54$2,959
Mar 202501467.704.27$60
Feb 202503570.884.34$152
Jan 202501174.324.28$47
Dec 20240368.993.12$9
Nov 202402469.052.20$53
Oct 20240571.372.28$11
Sep 20240469.612.36$9
Aug 20240375.632.06$6
Jul 202401679.932.15$34
Jun 202403078.082.63$79
May 202403378.812.20$73
Apr 202401084.451.66$17
Mar 202404480.301.55$68
Feb 2024224476.091.78$1,752
Jan 2024354673.023.30$2,707
Dec 202304271.262.61$110
Nov 202304177.892.81$115
Oct 202305885.443.09$179
Sep 202304489.042.74$120
Aug 2023623280.522.67$5,078
Jul 202303474.852.64$90
Jun 202305668.962.26$126
May 202306070.622.23$134
Apr 202305978.122.24$132
Mar 2023676972.852.39$5,046
Feb 202305975.112.47$145
Jan 202306576.533.39$220
Dec 202203976.415.73$223
Nov 202204185.005.65$231
Oct 2022624187.185.86$5,646
Sep 202205284.888.16$425
Aug 202206294.529.13$566
Jul 2022055101.587.54$415
Jun 2022053115.097.98$423
May 2022058109.378.43$489
Apr 20226458104.226.84$7,067
Mar 2022057108.885.08$289
Feb 202203391.054.86$160
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 202101477.435.24$73
Oct 202101579.795.71$86
Sep 202102569.865.35$134
Aug 2021583166.024.22$3,960
Jul 202103770.783.98$147
Jun 202103469.493.38$115
May 202103863.483.02$115
Apr 202103160.362.76$86
Mar 202103861.302.72$103
Feb 202102957.805.55$161
Jan 202104150.412.81$115
Dec 202004844.642.68$128
Nov 2020414838.772.71$1,719
Oct 202005536.972.48$136
Sep 202005237.091.99$104
Aug 2020594039.982.39$2,454
Jul 202004638.371.83$84
Jun 202016434.901.69$143
May 202005016.921.81$91
Apr 202007614.751.80$137
Mar 202007630.341.86$141
Feb 202005649.881.98$111
Jan 2020595957.252.09$3,501
Dec 201906159.012.30$141
Nov 201907255.302.75$198
Oct 201904453.472.42$106
Sep 201905055.052.66$133
Aug 2019485453.112.30$2,674
Jul 201907556.272.46$185
Jun 201909952.782.49$247
May 201904058.482.74$110
Apr 20190062.632.75$0
Mar 2019583556.803.06$3,402
Feb 201907150.852.79$198
Jan 201903146.033.23$100
Dec 201802846.594.19$117
Nov 201805752.934.24$242
Oct 2018206561.443.40$1,450
Sep 201806659.543.11$205
Aug 201807459.403.07$227
Jul 2018597965.142.93$4,075
Jun 201807960.183.08$243
May 201808865.382.90$255
Apr 2018576563.842.90$3,827
Mar 201803461.222.79$95
Feb 201802661.782.77$72
Jan 201803162.874.01$124
Dec 201703457.272.92$99
Nov 201703355.423.12$103
Oct 201704049.292.98$119
Sep 2017592547.523.09$2,881
Aug 201702745.373.00$81
Jul 201703043.873.09$93
Jun 201703942.493.09$120
May 201704845.373.26$157
Apr 201703347.933.21$106
Mar 201704146.772.98$122
Feb 201703550.452.95$103
Jan 201706949.413.42$236
Dec 20161125448.763.72$5,662
Nov 201607842.492.64$206
Oct 201607346.193.09$226
Sep 201608041.553.10$248
Aug 201608541.442.92$249
Jul 201607441.622.92$216
Jun 2016625545.352.69$2,959
May 201607442.521.99$147
Apr 201607636.561.99$151
Mar 201601233.011.79$22
Feb 201605226.472.06$107
Jan 2016674627.352.36$1,941
Dec 201505932.362.00$118
Nov 201503538.792.17$76
Oct 201507643.552.43$184
Sep 2015657442.992.76$2,998
Aug 201506140.162.87$175
Jul 201503848.152.95$112
Jun 201503856.152.88$110
May 201508155.212.96$239
Apr 201507449.822.71$200
Mar 201508642.892.93$252
Feb 201506144.662.98$182
Jan 201508543.433.10$264
Dec 201408154.693.59$291
Nov 201407470.464.25$315
Oct 201407378.303.90$285
Sep 201407486.164.05$299
Aug 2014277989.394.04$2,732
Jul 201408396.564.18$347
Jun 2014386498.164.74$4,033
May 201408494.734.73$397
Apr 201407795.944.81$370
Mar 2014426695.895.06$4,361
Feb 201407997.406.19$489
Jan 201409190.404.86$442
Dec 2013408891.824.35$4,056
Nov 201308688.853.74$321
Oct 201308697.423.78$325
Sep 20132783104.113.72$3,120
Aug 2013089104.253.52$314
Jul 20134591102.523.72$4,952
Jun 201308994.403.93$350
May 201309494.834.15$390
Apr 2013365993.964.28$3,635
Mar 201309293.623.91$360
Feb 2013298891.233.42$2,947
Jan 201302091.603.42$68
Dec 201207586.773.42$257
Nov 2012329286.953.62$3,116
Oct 201209789.383.40$330
Sep 2012269394.672.92$2,733
Aug 2012319192.662.91$3,137
Jul 201209085.133.02$272
Jun 201208579.822.52$214
May 2012409791.612.49$3,906
Apr 2012094101.652.00$188
Mar 2012096105.052.22$213
Feb 20123389101.102.57$3,565
Jan 201208398.092.73$227
Dec 2011219496.873.24$2,339
Nov 2011259195.723.31$2,694
Oct 201108984.983.65$325
Sep 201108983.623.99$355
Aug 2011299383.404.15$2,804
Jul 201109794.144.52$438
Jun 2011288292.904.64$2,982
May 201106398.134.40$278
Apr 20114087105.964.33$4,615
Mar 201109496.364.06$381
Feb 201108385.644.18$347
Jan 2011349286.504.59$3,363
Dec 201009685.734.35$417
Nov 2010289280.843.80$2,613
Oct 2010368978.103.51$3,124
Sep 201009772.633.98$386
Aug 2010299573.684.42$2,557
Jul 2010110072.554.74$546
Jun 2010289770.364.91$2,446
May 2010010271.124.24$432
Apr 2010356281.694.12$3,115
Mar 2010010678.394.39$465
Feb 2010358573.585.44$3,038
Jan 201009474.365.96$561
Dec 20094010771.445.48$3,444
Nov 200909774.593.75$364
Oct 2009419972.544.11$3,381
Sep 200906465.543.06$196
Aug 2009319167.423.22$2,383
Jul 2009011161.133.46$385
Jun 20092211366.163.90$1,896
May 200912312054.743.93$7,204
Apr 2009011246.773.59$402
Mar 2009011442.144.06$463
Feb 2009010132.814.63$468
Jan 2009010935.865.37$585
Dec 2008011537.105.98$687
Nov 2008011055.496.86$755
Oct 2008012375.246.92$851
Sep 20083591101.767.88$4,278
Aug 20080112114.228.48$950
Jul 200828116131.0811.39$4,991
Jun 20080113131.3313.03$1,473
May 200828116123.1711.57$4,791
Apr 20083244110.3110.45$3,990
Mar 2008071101.909.66$686
Feb 2008294592.538.77$3,078
Jan 200807090.388.21$574
Dec 2007429288.337.30$4,382
Nov 2007010991.677.29$795
Oct 20075711382.856.92$5,505
Sep 2007011675.846.24$724
Aug 2007012469.066.39$792
Jul 20074511170.906.39$3,900
Jun 2007012162.007.55$913
May 20073012258.747.85$2,719
Apr 2007012459.617.81$968
Mar 20073712956.927.30$3,048
Feb 2007011455.108.22$937
Jan 20073512750.306.73$2,615
Dec 2006013356.656.92$920
Nov 20062713054.207.62$2,454
Oct 20063213454.906.01$2,563
Sep 2006014660.085.04$735
Aug 20063413068.717.34$3,290
Jul 2006015169.376.34$958
Jun 20062911066.286.38$2,624
May 20067614666.016.42$5,955
Apr 2006013864.397.36$1,016
Mar 2006114156.707.08$1,055
Feb 20062612357.597.75$2,451
Jan 2006015260.598.93$1,358
Dec 20052114954.9413.42$3,153
Nov 20053814254.6910.59$3,582
Oct 20052713758.3413.80$3,465
Sep 2005012461.4512.08$1,498
Aug 20053615761.519.80$3,752
Jul 2005015955.697.84$1,247
Jun 20053015252.337.38$2,692
May 20053615345.226.65$2,646
Apr 20054814649.207.36$3,436
Mar 20052629450.377.15$3,413
Feb 2005013445.226.31$846
Jan 2005014743.166.32$929
Dec 2004337739.866.75$1,835
Nov 20041813045.286.33$1,638
Oct 20042615349.706.52$2,289
Sep 2004012843.245.28$676
Aug 20042915942.375.55$2,111
Jul 20042816538.286.08$2,076
Jun 2004013936.106.43$894
May 20044414537.486.49$2,591
Apr 200409034.475.86$527
Mar 20043314534.365.53$1,936
Feb 20042515332.455.51$1,654
Jan 20044016932.036.30$2,346
Dec 20032914530.266.30$1,791
Nov 2003015428.804.60$708
Oct 20032514428.174.76$1,390
Sep 20033815426.314.75$1,731
Aug 20031616329.765.13$1,312
Jul 2003016829.415.17$869
Jun 20033017528.565.98$1,904
May 20034418426.595.97$2,269
Apr 2003116626.675.41$924
Mar 20033217531.146.10$2,063
Feb 20034817033.487.93$2,954
Jan 2003019230.315.58$1,072
Dec 20023419326.914.85$1,852
Nov 20022316924.664.14$1,266
Oct 20021817426.464.23$1,212
Sep 20024518527.443.64$1,907
Aug 2002019325.963.16$611
Jul 20025919124.583.06$2,035
Jun 2002018923.733.34$631
May 20023717624.663.58$1,543
Apr 2002120223.653.51$733
Mar 20026421022.003.10$2,060
Feb 2002019118.222.38$454
Jan 20026621617.172.38$1,646
Dec 20016320016.932.36$1,539
Nov 2001018318.072.41$440
Oct 2001019319.782.53$488
Sep 20016422124.262.25$2,050
Aug 2001022424.873.05$684
Jul 20016521923.933.20$2,256
Jun 2001019824.563.82$757
May 20016620925.524.31$2,585
Apr 2001021724.685.34$1,158
Mar 2001023024.545.38$1,237
Feb 20014020727.755.77$2,304
Jan 20012821927.478.40$2,608
Dec 20004021026.889.12$2,991
Nov 200011823032.215.66$5,102
Oct 2000024331.235.15$1,250
Sep 200011522931.875.19$4,853
Aug 2000023629.644.54$1,072
Jul 20002722628.534.09$1,695
Jun 20003524229.304.40$2,090
May 20006024627.263.68$2,541
Apr 2000024324.513.12$757
Mar 20007027728.422.86$2,782
Feb 20006424127.622.73$2,425
Jan 2000026425.272.48$655
Dec 19996526224.282.42$2,213
Nov 1999027323.192.43$664
Oct 19994228520.982.80$1,680
Sep 19996429521.752.62$2,165
Aug 19996530019.262.88$2,115
Jul 1999029417.892.37$697
Jun 19996229415.942.36$1,683
May 19996428115.792.32$1,663
Apr 1999029715.102.21$656
Mar 19996429012.471.84$1,331
Feb 1999622859.981.82$1,137
Jan 1999029210.381.90$555
Dec 1998633029.201.77$1,115
Nov 1998027010.892.19$590
Oct 19986232912.421.97$1,418
Sep 19986532812.592.08$1,501
Aug 19986432511.301.91$1,343
Jul 1998031811.742.24$711
Jun 19986634111.242.24$1,505
May 19986633512.622.21$1,572
Apr 19986932613.042.51$1,717
Mar 1998032512.802.31$751
Feb 19986329713.952.30$1,562
Jan 19986732714.702.15$1,690
Dec 19976533716.322.41$1,873
Nov 19976434718.193.09$2,236
Oct 19976537319.253.15$2,426
Sep 19976635317.742.95$2,214
Aug 19976236117.862.55$2,030
Jul 19976682617.582.25$3,016
Jun 19976336117.242.26$1,901
May 19976338918.972.31$2,093
Apr 19976536917.882.08$1,931
Mar 19976237518.951.94$1,902
Feb 19976832920.492.21$2,119
Jan 19976134123.483.54$2,639
Dec 199613135223.32$3,055
Nov 19966635021.97$1,450
Oct 19966443123.31$1,492
Sep 19966549522.22$1,444
Aug 199613450920.26$2,715
Jul 19966552819.55$1,271
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19963017.07$51
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0

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                    0 bbl  × $106.41 =         $0
Casinghead gas         8 Mcf  × $  3.05 =        $24

────────────────────────────────────────────────────
Month total                                      $24

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/22687 is the state's own key, not one this site invented.