PETERS ESTATE GAS UNIT

Name: PETERS ESTATE GAS UNIT lease production and value, Dec 2001 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by URBAN OIL & GAS GROUP, LLC (P-5 879035) in the MUY GRANDE (FANDANGO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 186768District 04Field 641381002 tax incentive programmesCondensateGasSave Export

Value, all time

$13.3 M

Dec 2001 – Oct 2018

Value, last 12 filed months

$117 k

at the published price for each month

Months reported

203

no gaps in the span

Streams

condensate, gas

The MUY GRANDE (FANDANGO) 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 12 leases and 12 wells, and the rule below applies to all of them.

Discovered

1990-09-10

as the register files it

Field class

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 40 acres. The field rule took effect on 1991-08-05.

The Commission's schedule remark for this field reads: “10-1. FOR TEST DUE 4-1 PRIOR TEST TO BE FILED.”

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
High Cost Gas	1	1	2002-09-23	147296
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
Condensate	Disposition	5 bbl	$85
Gas	Production	2,750,733 Mcf	$13,327,077
Total			$13,327,162

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 27.6225, -98.6947. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.62247, -98.69470 · 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

0.0%

0 of 1 wells

Median depth

16,200 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

1100.0%

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.

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 16,200 ft.

Completions filed

Aug 2018

1 of 1 wells

1 well


42-13138524	8	16,200 ft	Aug 2018	—	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 (203)

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

203 months


Oct 2018	0	1,024	61.44	3.40	$3,480
Sep 2018	0	1,445	59.54	3.11	$4,491
Aug 2018	0	2,810	59.40	3.07	$8,617
Jul 2018	0	2,319	65.14	2.93	$6,799
Jun 2018	0	3,496	60.18	3.08	$10,757
May 2018	0	4,064	65.38	2.90	$11,789
Apr 2018	0	3,907	63.84	2.90	$11,333
Mar 2018	0	3,701	61.22	2.79	$10,314
Feb 2018	0	1,913	61.78	2.77	$5,292
Jan 2018	0	4,339	62.87	4.01	$17,396
Dec 2017	0	4,872	57.27	2.92	$14,234
Nov 2017	0	3,852	55.42	3.12	$12,012
Oct 2017	0	5,240	49.29	2.98	$15,634
Sep 2017	0	4,490	47.52	3.09	$13,862
Aug 2017	0	2,042	45.37	3.00	$6,135
Jul 2017	0	3,688	43.87	3.09	$11,386
Jun 2017	0	3,387	42.49	3.09	$10,457
May 2017	0	4,118	45.37	3.26	$13,439
Apr 2017	0	3,134	47.93	3.21	$10,065
Mar 2017	0	3,674	46.77	2.98	$10,962
Feb 2017	0	3,011	50.45	2.95	$8,890
Jan 2017	0	3,771	49.41	3.42	$12,892
Dec 2016	0	4,299	48.76	3.72	$16,004
Nov 2016	0	3,721	42.49	2.64	$9,840
Oct 2016	0	3,712	46.19	3.09	$11,471
Sep 2016	0	4,257	41.55	3.10	$13,199
Aug 2016	0	4,980	41.44	2.92	$14,563
Jul 2016	0	4,603	41.62	2.92	$13,461
Jun 2016	0	6,004	45.35	2.69	$16,126
May 2016	0	4,644	42.52	1.99	$9,246
Apr 2016	0	4,609	36.56	1.99	$9,177
Mar 2016	0	4,455	33.01	1.79	$7,992
Feb 2016	0	4,208	26.47	2.06	$8,684
Jan 2016	0	4,586	27.35	2.36	$10,843
Dec 2015	0	4,175	32.36	2.00	$8,356
Nov 2015	0	3,633	38.79	2.17	$7,874
Oct 2015	0	5,578	43.55	2.43	$13,535
Sep 2015	0	5,198	42.99	2.76	$14,338
Aug 2015	0	5,301	40.16	2.87	$15,227
Jul 2015	0	4,885	48.15	2.95	$14,387
Jun 2015	0	4,668	56.15	2.88	$13,457
May 2015	0	5,173	55.21	2.96	$15,289
Apr 2015	0	4,992	49.82	2.71	$13,511
Mar 2015	0	5,210	42.89	2.93	$15,290
Feb 2015	0	4,039	44.66	2.98	$12,021
Jan 2015	0	4,028	43.43	3.10	$12,489
Dec 2014	0	4,941	54.69	3.59	$17,745
Nov 2014	0	4,784	70.46	4.25	$20,341
Oct 2014	0	4,628	78.30	3.90	$18,054
Sep 2014	0	4,676	86.16	4.05	$18,916
Aug 2014	0	5,123	89.39	4.04	$20,672
Jul 2014	0	5,044	96.56	4.18	$21,082
Jun 2014	0	5,595	98.16	4.74	$26,503
May 2014	0	5,408	94.73	4.73	$25,561
Apr 2014	0	5,290	95.94	4.81	$25,440
Mar 2014	0	5,901	95.89	5.06	$29,840
Feb 2014	0	5,350	97.40	6.19	$33,127
Jan 2014	0	5,856	90.40	4.86	$28,464
Dec 2013	0	6,033	91.82	4.35	$26,271
Nov 2013	0	5,351	88.85	3.74	$20,004
Oct 2013	0	6,221	97.42	3.78	$23,511
Sep 2013	0	5,423	104.11	3.72	$20,161
Aug 2013	0	6,447	104.25	3.52	$22,710
Jul 2013	0	7,137	102.52	3.72	$26,534
Jun 2013	0	5,417	94.40	3.93	$21,307
May 2013	0	6,267	94.83	4.15	$26,002
Apr 2013	0	5,579	93.96	4.28	$23,893
Mar 2013	0	6,270	93.62	3.91	$24,534
Feb 2013	0	6,016	91.23	3.42	$20,574
Jan 2013	0	6,752	91.60	3.42	$23,091
Dec 2012	0	7,243	86.77	3.42	$24,772
Nov 2012	0	7,083	86.95	3.62	$25,676
Oct 2012	0	7,221	89.38	3.40	$24,549
Sep 2012	0	6,835	94.67	2.92	$19,947
Aug 2012	0	6,571	92.66	2.91	$19,110
Jul 2012	0	7,636	85.13	3.02	$23,067
Jun 2012	0	6,476	79.82	2.52	$16,313
May 2012	0	7,657	91.61	2.49	$19,053
Apr 2012	0	7,791	101.65	2.00	$15,557
Mar 2012	0	9,016	105.05	2.22	$20,034
Feb 2012	0	8,609	101.10	2.57	$22,127
Jan 2012	0	7,993	98.09	2.73	$21,854
Dec 2011	0	7,010	96.87	3.24	$22,711
Nov 2011	0	6,647	95.72	3.31	$22,010
Oct 2011	0	6,196	84.98	3.65	$22,606
Sep 2011	0	6,502	83.62	3.99	$25,916
Aug 2011	0	5,881	83.40	4.15	$24,402
Jul 2011	0	6,059	94.14	4.52	$27,370
Jun 2011	0	7,163	92.90	4.64	$33,235
May 2011	0	8,061	98.13	4.40	$35,507
Apr 2011	0	6,711	105.96	4.33	$29,081
Mar 2011	0	8,362	96.36	4.06	$33,927
Feb 2011	0	7,445	85.64	4.18	$31,120
Jan 2011	0	6,714	86.50	4.59	$30,809
Dec 2010	0	7,114	85.73	4.35	$30,930
Nov 2010	0	8,423	80.84	3.80	$31,968
Oct 2010	0	6,160	78.10	3.51	$21,615
Sep 2010	0	7,558	72.63	3.98	$30,077
Aug 2010	0	4,076	73.68	4.42	$18,013
Jul 2010	0	5,752	72.55	4.74	$27,244
Jun 2010	0	7,837	70.36	4.91	$38,483
May 2010	0	7,449	71.12	4.24	$31,548
Apr 2010	0	9,189	81.69	4.12	$37,883
Mar 2010	0	8,977	78.39	4.39	$39,397
Feb 2010	0	12,147	73.58	5.44	$66,108
Jan 2010	0	9,197	74.36	5.96	$54,852
Dec 2009	0	193	71.44	5.48	$1,058
Nov 2009	0	8,622	74.59	3.75	$32,345
Oct 2009	0	7,274	72.54	4.11	$29,898
Sep 2009	0	9,786	65.54	3.06	$29,992
Aug 2009	0	5,897	67.42	3.22	$18,979
Jul 2009	0	8,678	61.13	3.46	$30,065
Jun 2009	0	6,763	66.16	3.90	$26,342
May 2009	0	8,166	54.74	3.93	$32,058
Apr 2009	0	8,054	46.77	3.59	$28,894
Mar 2009	0	10,126	42.14	4.06	$41,101
Feb 2009	0	6,816	32.81	4.63	$31,579
Jan 2009	0	11,986	35.86	5.37	$64,377
Dec 2008	0	10,312	37.10	5.98	$61,636
Nov 2008	0	12,432	55.49	6.86	$85,288
Oct 2008	0	10,876	75.24	6.92	$75,283
Sep 2008	0	11,761	101.76	7.88	$92,642
Aug 2008	0	13,876	114.22	8.48	$117,710
Jul 2008	0	10,393	131.08	11.39	$118,370
Jun 2008	0	13,177	131.33	13.03	$171,731
May 2008	0	7,874	123.17	11.57	$91,136
Apr 2008	0	11,702	110.31	10.45	$122,343
Mar 2008	0	11,823	101.90	9.66	$114,258
Feb 2008	0	13,194	92.53	8.77	$115,719
Jan 2008	0	10,994	90.38	8.21	$90,214
Dec 2007	0	13,162	88.33	7.30	$96,109
Nov 2007	0	12,024	91.67	7.29	$87,675
Oct 2007	0	13,738	82.85	6.92	$95,094
Sep 2007	0	11,659	75.84	6.24	$72,801
Aug 2007	0	12,301	69.06	6.39	$78,578
Jul 2007	0	13,825	70.90	6.39	$88,313
Jun 2007	0	12,038	62.00	7.55	$90,868
May 2007	0	13,028	58.74	7.85	$102,221
Apr 2007	0	11,751	59.61	7.81	$91,719
Mar 2007	0	13,152	56.92	7.30	$96,036
Feb 2007	0	11,497	55.10	8.22	$94,459
Jan 2007	0	11,829	50.30	6.73	$79,572
Dec 2006	0	12,151	56.65	6.92	$84,066
Nov 2006	0	11,692	54.20	7.62	$89,064
Oct 2006	0	12,668	54.90	6.01	$76,183
Sep 2006	0	13,964	60.08	5.04	$70,339
Aug 2006	0	16,105	68.71	7.34	$118,209
Jul 2006	0	15,102	69.37	6.34	$95,788
Jun 2006	0	15,649	66.28	6.38	$99,901
May 2006	0	15,135	66.01	6.42	$97,242
Apr 2006	0	12,964	64.39	7.36	$95,421
Mar 2006	0	13,752	56.70	7.08	$97,404
Feb 2006	0	12,848	57.59	7.75	$99,586
Jan 2006	0	13,633	60.59	8.93	$121,788
Dec 2005	0	13,917	54.94	13.42	$186,702
Nov 2005	0	15,047	54.69	10.59	$159,324
Oct 2005	0	13,957	58.34	13.80	$192,547
Sep 2005	0	13,216	61.45	12.08	$159,636
Aug 2005	0	13,905	61.51	9.80	$136,225
Jul 2005	0	13,866	55.69	7.84	$108,760
Jun 2005	0	14,842	52.33	7.38	$109,549
May 2005	0	15,682	45.22	6.65	$104,303
Apr 2005	0	15,194	49.20	7.36	$111,835
Mar 2005	0	15,723	50.37	7.15	$112,496
Feb 2005	0	15,093	45.22	6.31	$95,266
Jan 2005	0	16,710	43.16	6.32	$105,644
Dec 2004	0	16,640	39.86	6.75	$112,338
Nov 2004	0	16,981	45.28	6.33	$107,497
Oct 2004	0	17,551	49.70	6.52	$114,347
Sep 2004	0	17,964	43.24	5.28	$94,920
Aug 2004	0	17,204	42.37	5.55	$95,494
Jul 2004	0	18,649	38.28	6.08	$113,464
Jun 2004	0	19,052	36.10	6.43	$122,562
May 2004	0	20,112	37.48	6.49	$130,619
Apr 2004	0	19,685	34.47	5.86	$115,324
Mar 2004	0	21,657	34.36	5.53	$119,766
Feb 2004	0	19,238	32.45	5.51	$105,994
Jan 2004	0	21,521	32.03	6.30	$135,575
Dec 2003	0	22,082	30.26	6.30	$139,153
Nov 2003	0	22,141	28.80	4.60	$101,741
Oct 2003	0	23,543	28.17	4.76	$112,056
Sep 2003	0	23,566	26.31	4.75	$111,923
Aug 2003	0	24,745	29.76	5.13	$126,935
Jul 2003	0	25,463	29.41	5.17	$131,665
Jun 2003	0	23,457	28.56	5.98	$140,342
May 2003	0	25,374	26.59	5.97	$151,551
Apr 2003	0	25,611	26.67	5.41	$138,486
Mar 2003	0	28,243	31.14	6.10	$172,170
Feb 2003	0	25,396	33.48	7.93	$201,286
Jan 2003	0	28,991	30.31	5.58	$161,829
Dec 2002	0	29,995	26.91	4.85	$145,589
Nov 2002	0	33,711	24.66	4.14	$139,461
Oct 2002	0	33,761	26.46	4.23	$142,779
Sep 2002	0	34,742	27.44	3.64	$126,294
Aug 2002	0	41,135	25.96	3.16	$130,158
Jul 2002	0	47,078	24.58	3.06	$144,142
Jun 2002	0	48,873	23.73	3.34	$163,150
May 2002	0	57,009	24.66	3.58	$204,320
Apr 2002	0	69,058	23.65	3.51	$242,554
Mar 2002	0	90,443	22.00	3.10	$280,619
Feb 2002	0	105,658	18.22	2.38	$251,010
Jan 2002	0	178,942	17.17	2.38	$425,109
Dec 2001	5	144,343	16.93	2.36	$341,369

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 2018 — as filed, then multipliedworked

Condensate             0 bbl  × $ 61.44 =         $0
Gas                1,024 Mcf  × $  3.40 =     $3,480

────────────────────────────────────────────────────
Month total                                   $3,480

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. 04/G/186768 is the state's own key, not one this site invented.