PEAL RANCH

Operated by ORX RESOURCES, L.L.C. (P-5 627136) in the MAKENZIE (WILCOX) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 201226District 04Field 568754752 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.1 M
Jan 2004 – May 2026
Value, last 12 filed months
$78 k
at the published price for each month
Months reported
269
no gaps in the span
Streams
2
condensate, 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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
2004-01-22
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 02/01/2009.

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
High Cost Gas112009-10-08195038
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
CondensateDisposition17,179 bbl$1,060,101
GasProduction1,219,575 Mcf$6,990,602
Total$8,050,704

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 27.6846, -98.7784. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.68457, -98.77836 · 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
12,106 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 12,106 ft.

Completions filed
Jan 2004
1 of 1 wells

1 well

42-13138645112,106 ftJan 2004

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 (269)

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

269 months

May 202602,204106.413.05$6,713
Apr 202602,04498.932.87$5,866
Mar 202602,32089.753.15$7,307
Feb 202601,58863.503.75$5,956
Jan 202602,07959.138.00$16,628
Dec 202501,57156.664.41$6,933
Nov 202501,54258.593.93$6,055
Oct 202501,46059.383.30$4,825
Sep 202501,20562.743.08$3,708
Aug 202501,49263.933.01$4,498
Jul 202501,70466.743.32$5,649
Jun 202501,19166.483.13$3,726
May 2025096360.553.23$3,113
Apr 2025099862.363.54$3,536
Mar 202501,33667.704.27$5,702
Feb 202501,33570.884.34$5,795
Jan 202501,09274.324.28$4,672
Dec 2024441,21668.993.12$6,831
Nov 202401,27769.052.20$2,807
Oct 202401,22871.372.28$2,802
Sep 202401,07069.612.36$2,530
Aug 202401,32975.632.06$2,743
Jul 202401,35279.932.15$2,902
Jun 2024094978.082.63$2,500
May 2024094878.812.20$2,084
Apr 20242187484.451.66$3,224
Mar 2024091080.301.55$1,406
Feb 2024089576.091.78$1,596
Jan 2024046873.023.30$1,543
Dec 2023085071.262.61$2,219
Nov 202301,01177.892.81$2,838
Oct 20232263085.443.09$3,825
Sep 202301,07689.042.74$2,943
Aug 202351,12880.522.67$3,418
Jul 202301,10574.852.64$2,919
Jun 202301,42468.962.26$3,216
May 2023208070.622.23$14,689
Apr 202301,92478.122.24$4,305
Mar 202301,93272.852.39$4,624
Feb 202302,22275.112.47$5,479
Jan 202301,55176.533.39$5,254
Dec 202201,43476.415.73$8,216
Nov 202202,70085.005.65$15,245
Oct 202202,75887.185.86$16,172
Sep 202202,41384.888.16$19,699
Aug 202202,48494.529.13$22,672
Jul 202202,669101.587.54$20,130
Jun 202202,387115.097.98$19,042
May 202202,643109.378.43$22,289
Apr 202202,825104.226.84$19,316
Mar 202202,953108.885.08$14,991
Feb 202201,82391.054.86$8,858
Jan 202202,04281.844.54$9,266
Dec 202102,14771.323.90$8,371
Nov 20211401,79677.435.24$20,246
Oct 202101,66779.795.71$9,525
Sep 202101,82769.865.35$9,776
Aug 2021142,49966.024.22$11,472
Jul 2021212,88370.783.98$12,967
Jun 202102,57069.493.38$8,688
May 2021112,74563.483.02$8,982
Apr 202102,19060.362.76$6,041
Mar 2021112,73361.302.72$8,100
Feb 202101,96857.805.55$10,918
Jan 202102,26150.412.81$6,354
Dec 2020162,12044.642.68$6,386
Nov 2020191,82238.772.71$5,668
Oct 202002,67236.972.48$6,622
Sep 2020261,78637.091.99$4,520
Aug 202001,86439.982.39$4,446
Jul 202002,30638.371.83$4,209
Jun 202002,36234.901.69$3,993
May 202002,42516.921.81$4,401
Apr 2020612,50914.751.80$5,427
Mar 202003,05930.341.86$5,678
Feb 202001,96449.881.98$3,890
Jan 202001,73657.252.09$3,636
Dec 2019311,95459.012.30$6,332
Nov 201901,80555.302.75$4,965
Oct 2019282,67153.472.42$7,957
Sep 2019232,22855.052.66$7,187
Aug 2019231,74153.112.30$5,233
Jul 201901,97956.272.46$4,868
Jun 2019202,35752.782.49$6,927
May 201901,81858.482.74$4,982
Apr 2019212,46862.632.75$8,104
Mar 2019211,87956.803.06$6,946
Feb 2019211,68250.852.79$5,764
Jan 2019211,75846.033.23$6,642
Dec 201802,08546.594.19$8,727
Nov 2018192152.934.24$1,095
Oct 2018191,49361.443.40$6,241
Sep 2018231,59059.543.11$6,311
Aug 201801,66659.403.07$5,109
Jul 201801,80965.142.93$5,304
Jun 2018412,42660.183.08$9,932
May 2018202,56365.382.90$8,742
Apr 201821,82063.842.90$5,407
Mar 2018212,38861.222.79$7,941
Feb 2018202,21761.782.77$7,368
Jan 2018212,86562.874.01$12,807
Dec 2017102,11857.272.92$6,760
Nov 2017212,01555.423.12$7,447
Oct 2017212,31849.292.98$7,951
Sep 201702,14147.523.09$6,610
Aug 2017212,14845.373.00$7,406
Jul 2017212,02643.873.09$7,176
Jun 201711,85942.493.09$5,782
May 2017242,10445.373.26$7,955
Apr 2017522,13647.933.21$9,352
Mar 2017231,76046.772.98$6,327
Feb 201701,47750.452.95$4,361
Jan 2017231,91649.413.42$7,687
Dec 2016221,94248.763.72$8,302
Nov 2016222,15242.492.64$6,625
Oct 201652,39346.193.09$7,626
Sep 2016232,32041.553.10$8,149
Aug 20161902,31641.442.92$14,646
Jul 2016163,13241.622.92$9,825
Jun 201602,36145.352.69$6,341
May 201642,34242.521.99$4,833
Apr 201662,74236.561.99$5,679
Mar 201603,25133.011.79$5,832
Feb 201611,76026.472.06$3,658
Jan 201602,07327.352.36$4,901
Dec 20151812,11432.362.00$10,088
Nov 201552,55838.792.17$5,738
Oct 201503,06243.552.43$7,430
Sep 201532,30742.992.76$6,493
Aug 201523,05740.162.87$8,862
Jul 201503,05648.152.95$9,000
Jun 201502,31756.152.88$6,680
May 201512,30955.212.96$6,879
Apr 201502,17849.822.71$5,895
Mar 201502,90342.892.93$8,519
Feb 2015243,10544.662.98$10,313
Jan 201501,45943.433.10$4,524
Dec 20142092,49454.693.59$20,387
Nov 201431,25570.464.25$5,547
Oct 2014111,87878.303.90$8,187
Sep 2014132,17686.164.05$9,923
Aug 2014122,18189.394.04$9,873
Jul 2014102,06896.564.18$9,609
Jun 2014292,46698.164.74$14,528
May 20141793,11994.734.73$31,699
Apr 2014262,19995.944.81$13,070
Mar 2014194,40095.895.06$24,072
Feb 20142083,56797.406.19$42,346
Jan 2014274,24590.404.86$23,075
Dec 2013204,08091.824.35$19,603
Nov 201303,50788.853.74$13,110
Oct 2013344,49497.423.78$20,297
Sep 20131933,886104.113.72$34,540
Aug 2013434,458104.253.52$20,187
Jul 201304,049102.523.72$15,053
Jun 2013353,80394.403.93$18,263
May 20131904,55094.834.15$36,896
Apr 2013304,13293.964.28$20,514
Mar 2013164,31293.623.91$18,370
Feb 2013195,05891.233.42$19,031
Jan 20131934,18091.603.42$31,974
Dec 2012184,84186.773.42$18,119
Nov 2012264,26086.953.62$17,703
Oct 201204,35489.383.40$14,802
Sep 201204,06594.672.92$11,863
Aug 201234,56092.662.91$13,539
Jul 20121824,67285.133.02$29,607
Jun 201274,14379.822.52$10,995
May 201294,51091.612.49$12,047
Apr 20121733,549101.652.00$24,672
Mar 201203,775105.052.22$8,388
Feb 20121753,388101.102.57$26,400
Jan 201203,30098.092.73$9,022
Dec 201102,47396.873.24$8,012
Nov 201102,34095.723.31$7,748
Oct 201102,98384.983.65$10,884
Sep 201102,76983.623.99$11,037
Aug 201102,81283.404.15$11,668
Jul 20111772,90594.144.52$29,785
Jun 201153,04892.904.64$14,607
May 201123,61798.134.40$16,128
Apr 20111793,560105.964.33$34,393
Mar 201133,73096.364.06$15,423
Feb 201133,26585.644.18$13,905
Jan 20111023,89486.504.59$26,692
Dec 201033,39485.734.35$15,013
Nov 201003,73880.843.80$14,187
Oct 201044,11778.103.51$14,759
Sep 20101744,01272.633.98$28,603
Aug 201014,03073.684.42$17,884
Jul 20101844,21172.554.74$33,295
Jun 201004,10970.364.91$20,177
May 20101894,65671.124.24$33,161
Apr 201064,23281.694.12$17,937
Mar 201084,63478.394.39$20,964
Feb 20101813,92673.585.44$34,685
Jan 20101854,79274.365.96$42,337
Dec 200904,42271.445.48$24,249
Nov 200905,36274.593.75$20,116
Oct 20091415,86472.544.11$34,331
Sep 200905,09365.543.06$15,609
Aug 20091733,07867.423.22$21,570
Jul 200976,38661.133.46$22,552
Jun 200907,30866.163.90$28,465
May 20091576,66054.743.93$34,740
Apr 200937,14446.773.59$25,769
Mar 20091907,92442.144.06$40,170
Feb 200907,53632.814.63$34,914
Jan 20091818,19935.865.37$50,527
Dec 20081826,55137.105.98$45,908
Nov 20083597,20655.496.86$69,357
Oct 200808,41775.246.92$58,262
Sep 20081676,899101.767.88$71,338
Aug 200806,835114.228.48$57,981
Jul 20081786,256131.0811.39$94,585
Jun 200805,866131.3313.03$76,449
May 20081795,024123.1711.57$80,197
Apr 200807,906110.3110.45$82,656
Mar 20081988,049101.909.66$97,962
Feb 2008167,51392.538.77$67,374
Jan 200805,55290.388.21$45,558
Dec 20071845,85488.337.30$58,998
Nov 200708,27591.677.29$60,339
Oct 200718210,08682.856.92$84,894
Sep 20071815,59475.846.24$48,657
Aug 200709,03569.066.39$57,715
Jul 20071427,91470.906.39$60,622
Jun 20071817,86562.007.55$70,591
May 200707,98958.747.85$62,684
Apr 20071828,78859.617.81$79,441
Mar 200709,34256.927.30$68,215
Feb 20071817,88155.108.22$74,723
Jan 20071858,40350.306.73$65,831
Dec 20061789,14556.656.92$73,353
Nov 20062448,89154.207.62$80,952
Oct 200618211,17454.906.01$77,190
Sep 200617812,36160.085.04$72,959
Aug 200617913,35068.717.34$110,287
Jul 200635412,23969.376.34$102,186
Jun 2006010,19666.286.38$65,090
May 200635312,11766.016.42$101,153
Apr 200608,82864.397.36$64,978
Mar 200618110,33656.707.08$83,472
Feb 2006439,11057.597.75$73,089
Jan 200618011,07660.598.93$109,852
Dec 200520211,85754.9413.42$170,164
Nov 200516511,28854.6910.59$128,546
Oct 200519915,25958.3413.80$222,119
Sep 20052711,50861.4512.08$140,664
Aug 200553814,58661.519.80$175,989
Jul 200537313,81055.697.84$129,093
Jun 200519714,99552.337.38$120,988
May 200518313,99745.226.65$101,372
Apr 200520112,56449.207.36$102,366
Mar 200518316,68750.377.15$128,611
Feb 2005014,75245.226.31$93,113
Jan 200519717,81243.166.32$121,114
Dec 200419337,92639.866.75$263,734
Nov 200436112,59045.286.33$96,046
Oct 20041786,89649.706.52$53,775
Sep 20043577,21243.245.28$53,544
Aug 20043568,07942.375.55$59,928
Jul 20041888,85138.286.08$61,048
Jun 20044169,55536.106.43$76,485
May 200417511,67337.486.49$82,370
Apr 200453013,92934.475.86$99,872
Mar 200435519,54734.365.53$120,295
Feb 200453731,00932.455.51$188,273
Jan 200419314,02832.036.30$94,553

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
Condensate             0 bbl  × $106.41 =         $0
Gas                2,204 Mcf  × $  3.05 =     $6,713

────────────────────────────────────────────────────
Month total                                   $6,713

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/201226 is the state's own key, not one this site invented.