PETERS

Operated by CML EXPLORATION, LLC (P-5 120648) in the KURTEN (BUDA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24927District 03Field 50424500OilCasinghead gasSaveExport
Value, all time
$14.7 M
Jul 2006 – May 2026
Value, last 12 filed months
$399
at the published price for each month
Months reported
239
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 456 leases and 533 wells, and the rule below applies to all of them.

Discovered
1976-12-02
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2015-03-24.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SET TO 100 % ACRES.

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
OilDisposition149,061 bbl$10,423,628
Casinghead gasProduction694,593 Mcf$4,253,035
Total$14,676,663

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 30.7759, -96.1731. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.77587, -96.17306 · 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
9,413 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 9,413 ft.

Completions filed
Jul 2006
1 of 1 wells

1 well

42-0413198259,413 ftJul 2006

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 (239)

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

239 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20256066.483.13$399
May 20252060.553.23$121
Apr 202519715862.363.54$12,845
Mar 2025429767.704.27$1,538
Feb 202519925770.884.34$15,221
Jan 202520228774.324.28$16,241
Dec 202419433568.993.12$14,430
Nov 202419732169.052.20$14,309
Oct 202419434071.372.28$14,621
Sep 202419728369.612.36$14,382
Aug 202419330875.632.06$15,232
Jul 202419235479.932.15$16,106
Jun 2024231578.082.63$986
May 202419534878.812.20$16,133
Apr 202438526584.451.66$32,953
Mar 202418331080.301.55$15,174
Feb 202419826676.091.78$15,540
Jan 202419729573.023.30$15,358
Dec 202319732171.262.61$14,876
Nov 202319615477.892.81$15,699
Oct 2023010985.443.09$337
Sep 202319033689.042.74$17,837
Aug 202319548480.522.67$16,995
Jul 202319454174.852.64$15,950
Jun 202317957168.962.26$13,633
May 202338356270.622.23$28,299
Apr 202319359278.122.24$16,402
Mar 202319157972.852.39$15,300
Feb 202319434575.112.47$15,422
Jan 20233911,11876.533.39$33,711
Dec 202257298276.415.73$49,332
Nov 20223881,08885.005.65$39,123
Oct 20223901,04787.185.86$40,140
Sep 20223831,18984.888.16$42,216
Aug 20221901,06094.529.13$27,634
Jul 2022379998101.587.54$46,026
Jun 2022200582115.097.98$27,661
May 20220239109.378.43$2,016
Apr 2022390598104.226.84$44,735
Mar 2022191560108.885.08$23,639
Feb 202219247191.054.86$19,770
Jan 202219738781.844.54$17,879
Dec 2021010371.323.90$402
Nov 202118561077.435.24$17,519
Oct 202119656679.795.71$18,873
Sep 202119352869.865.35$16,308
Aug 202119052966.024.22$14,776
Jul 202119654070.783.98$16,023
Jun 202119354969.493.38$15,268
May 202119464163.483.02$14,249
Apr 202119342360.362.76$12,816
Mar 202119856661.302.72$13,675
Feb 202119437057.805.55$13,266
Jan 202119446750.412.81$11,092
Dec 202037193544.642.68$19,063
Nov 20203771,02938.772.71$17,401
Oct 20203821,11136.972.48$16,876
Sep 20203781,01337.091.99$16,037
Aug 20203771,00939.982.39$17,479
Jul 202019382738.371.83$8,915
Jun 202038271934.901.69$14,547
May 202018689916.921.81$4,779
Apr 202036686414.751.80$6,957
Mar 202037787930.341.86$13,070
Feb 202036966549.881.98$19,723
Jan 202055199957.252.09$33,637
Dec 20193711,08859.012.30$24,400
Nov 20193731,10155.302.75$23,655
Oct 20195671,24553.472.42$33,329
Sep 20193741,32055.052.66$24,096
Aug 20195341,16753.112.30$31,050
Jul 20197221,23356.272.46$43,660
Jun 20197341,44952.782.49$42,350
May 20199141,62458.482.74$57,901
Apr 20191881,11662.632.75$14,844
Mar 20191791,41556.803.06$14,500
Feb 20193791,42250.852.79$23,243
Jan 20191981,39846.033.23$13,627
Dec 20181961,75846.594.19$16,490
Nov 20181951,49452.934.24$16,652
Oct 20183851,35461.443.40$28,255
Sep 201818771859.543.11$13,366
Aug 20183782,01959.403.07$28,645
Jul 20181932,20465.142.93$19,034
Jun 20185651,53260.183.08$38,716
May 201818583965.382.90$14,529
Apr 201818939563.842.90$13,212
Mar 201819367161.222.79$13,685
Feb 201819353261.782.77$13,395
Jan 2018557162.874.01$2,604
Dec 201719560257.272.92$12,926
Nov 201719789055.423.12$13,693
Oct 201719183949.292.98$11,918
Sep 201719575747.523.09$11,603
Aug 20171931,00945.373.00$11,788
Jul 20171891,09443.873.09$11,669
Jun 201719786942.493.09$11,053
May 201718778745.373.26$11,052
Apr 201718640647.933.21$10,219
Mar 201719195046.772.98$11,768
Feb 201719090750.452.95$12,264
Jan 201719384949.413.42$12,439
Dec 201618374948.763.72$11,711
Nov 201617859542.492.64$9,137
Oct 201617830046.193.09$9,149
Sep 201617886841.553.10$10,087
Aug 20161951,04441.442.92$11,134
Jul 201617778941.622.92$9,674
Jun 201618289545.352.69$10,658
May 20161801,89942.521.99$11,435
Apr 201617886036.561.99$8,220
Mar 201618262033.011.79$7,120
Feb 201617890526.472.06$6,579
Jan 201618186027.352.36$6,984
Dec 20153591,89832.362.00$15,416
Nov 20151811,75338.792.17$10,820
Oct 20153501,76643.552.43$19,528
Sep 20153531,38842.992.76$19,004
Aug 20151811,72940.162.87$12,236
Jul 20155121,70648.152.95$29,677
Jun 201534891056.152.88$22,164
May 2015344055.212.96$18,992
Apr 20151761,00249.822.71$11,480
Mar 201534219742.892.93$15,247
Feb 20151771,23744.662.98$11,586
Jan 20153501,49843.433.10$19,845
Dec 20143461,43054.693.59$24,058
Nov 20143531,31370.464.25$30,455
Oct 20143481,35378.303.90$32,526
Sep 20143601,38786.164.05$36,629
Aug 20143501,58289.394.04$37,670
Jul 201434891696.564.18$37,431
Jun 2014339198.164.74$33,281
May 2014356094.734.73$33,724
Apr 20143641,01495.944.81$39,799
Mar 20143601,90895.895.06$44,169
Feb 20145462,41897.406.19$68,153
Jan 20145432,90090.404.86$63,183
Dec 20133342,67491.824.35$42,312
Nov 20135401,99888.853.74$55,448
Oct 20133682,62297.423.78$45,760
Sep 20135672,911104.113.72$69,853
Aug 20135673,035104.253.52$69,801
Jul 20133462,448102.523.72$44,573
Jun 20133691,62594.403.93$41,225
May 20135493,09694.834.15$64,907
Apr 20135703,27593.964.28$67,583
Mar 20137592,89293.623.91$82,374
Feb 201305291.233.42$178
Jan 20135761,97991.603.42$59,530
Dec 20121741,73686.773.42$21,035
Nov 20123802,11286.953.62$40,697
Oct 20125761,71289.383.40$57,303
Sep 20121901,95794.672.92$23,699
Aug 20123811,44692.662.91$39,509
Jul 20125721,91585.133.02$54,479
Jun 20123841,89079.822.52$35,412
May 20123841,74191.612.49$39,510
Apr 20123781,733101.652.00$41,884
Mar 20123851,952105.052.22$44,782
Feb 20125871,877101.102.57$64,170
Jan 201219483498.092.73$21,310
Dec 20113892,50396.873.24$45,792
Nov 20113812,38995.723.31$44,380
Oct 20115822,52284.983.65$58,660
Sep 20113822,36783.623.99$41,377
Aug 20115731,94483.404.15$55,854
Jul 20115723,25494.144.52$68,547
Jun 20113793,15092.904.64$49,825
May 20117693,53498.134.40$91,029
Apr 20115793,511105.964.33$76,565
Mar 20115643,63996.364.06$69,112
Feb 20115822,83485.644.18$61,689
Jan 20115893,66686.504.59$67,771
Dec 20107663,51185.734.35$80,934
Nov 20107722,53980.843.80$72,045
Oct 20105431,98378.103.51$49,366
Sep 20100072.633.98$0
Aug 20103841,37973.684.42$34,387
Jul 20105772,11772.554.74$51,889
Jun 20105492,81870.364.91$52,465
May 20107283,67271.124.24$67,327
Apr 20107703,30781.694.12$76,535
Mar 20105813,31278.394.39$60,080
Feb 20105902,88473.585.44$59,108
Jan 20107723,36874.365.96$77,493
Dec 20099423,48371.445.48$86,396
Nov 20095683,59874.593.75$55,865
Oct 20097703,92072.544.11$71,968
Sep 20097763,80065.543.06$62,505
Aug 20099543,92667.423.22$76,955
Jul 20097692,88361.133.46$56,997
Jun 20091,1183,39766.163.90$87,198
May 20095921,81054.743.93$39,512
Apr 20097702,80346.773.59$46,069
Mar 20097703,08242.144.06$44,958
Feb 20095862,26432.814.63$29,716
Jan 20097913,27635.865.37$45,961
Dec 20087972,63337.105.98$45,307
Nov 20083752,48655.496.86$37,864
Oct 20081,2714,59675.246.92$127,443
Sep 20089596,049101.767.88$145,236
Aug 20081,1786,220114.228.48$187,316
Jul 20081,1645,343131.0811.39$213,431
Jun 20081,5366,315131.3313.03$284,024
May 20081,5587,490123.1711.57$278,590
Apr 20081,5657,005110.3110.45$245,871
Mar 20081,9618,140101.909.66$278,491
Feb 20081,5768,41192.538.77$219,597
Jan 20082,35010,56690.388.21$299,095
Dec 20071,94310,77288.337.30$250,282
Nov 20072,1249,75291.677.29$265,816
Oct 20071,9349,69782.856.92$227,354
Sep 20072,10810,37175.846.24$224,629
Aug 20072,50615,53269.066.39$272,282
Jul 20072,72319,76670.906.39$319,325
Jun 20073,68525,64262.007.55$422,027
May 20074,36931,03958.747.85$500,176
Apr 20074,45131,98859.617.81$514,997
Mar 20074,66236,10256.927.30$528,977
Feb 20074,61735,44755.108.22$545,629
Jan 20076,78340,42150.306.73$613,091
Dec 20069,64438,16356.656.92$810,361
Nov 20069,50832,88354.207.62$765,819
Oct 20061,742054.906.01$95,636
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 2006559069.376.34$38,778

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.

Jun 2025 — as filed, then multipliedworked
Oil                    6 bbl  × $ 66.48 =       $399
Casinghead gas         0 Mcf  × $  3.13 =         $0

────────────────────────────────────────────────────
Month total                                     $399

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/24927 is the state's own key, not one this site invented.