PETERS RANCH

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

Gas lease lease 207097District 04Field 548892002 tax incentive programmesCondensateGasSaveExport
Value, all time
$16.2 M
Dec 2004 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
258
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 61 leases and 61 wells, and the rule below applies to all of them.

Discovered
2006-12-19
as the register files it
Field class
Gas
the register's own label
Between wells
0 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 2009-02-10.

The Commission's schedule remark for this field reads: NO BETWEEN WELL SPACING. 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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112005-09-19165141
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
CondensateDisposition18,241 bbl$1,169,586
GasProduction2,394,877 Mcf$15,077,591
Total$16,247,177

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 27.6849, -98.7675. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.68489, -98.76749 · 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
8,800 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 8,800 ft.

Completions filed
Jan 2005
1 of 1 wells

1 well

42-1313875528,800 ftJan 2005

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 (258)

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

258 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 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 202312080.522.67$966
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 2023126070.622.23$8,898
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 202110077.435.24$774
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 202001414.751.80$25
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20191153.112.30$55
Jul 20190056.272.46$0
Jun 201991052.782.49$500
May 20190058.482.74$0
Apr 201991062.632.75$591
Mar 201991056.803.06$542
Feb 201991050.852.79$486
Jan 201991046.033.23$447
Dec 2018038846.594.19$1,624
Nov 201889452.934.24$822
Oct 2018818761.443.40$1,127
Sep 2018949159.543.11$2,062
Aug 2018060359.403.07$1,849
Jul 2018068265.142.93$2,000
Jun 20181759660.183.08$2,857
May 2018917865.382.90$1,105
Apr 2018050763.842.90$1,471
Mar 2018953561.222.79$2,042
Feb 2018959361.782.77$2,196
Jan 2018946962.874.01$2,446
Dec 20171325057.272.92$1,475
Nov 2017914455.423.12$948
Oct 2017920149.292.98$1,043
Sep 2017029547.523.09$911
Aug 2017930445.373.00$1,322
Jul 2017939443.873.09$1,611
Jun 2017042542.493.09$1,312
May 2017944645.373.26$1,864
Apr 20171845747.933.21$2,330
Mar 2017940546.772.98$1,629
Feb 2017032850.452.95$968
Jan 2017212,02149.413.42$7,947
Dec 2016202,11348.763.72$8,842
Nov 2016202,54042.492.64$7,566
Oct 2016076146.193.09$2,352
Sep 2016201,60641.553.10$5,811
Aug 2016142,76441.442.92$8,663
Jul 2016182,75741.622.92$8,812
Jun 201603,32745.352.69$8,936
May 201602,02342.521.99$4,028
Apr 201601,58636.561.99$3,158
Mar 201601,21433.011.79$2,178
Feb 2016077526.472.06$1,599
Jan 201601,96927.352.36$4,655
Dec 201501,11232.362.00$2,226
Nov 201501,14938.792.17$2,490
Oct 201502,08943.552.43$5,069
Sep 2015022542.992.76$621
Aug 2015098240.162.87$2,821
Jul 201502,48948.152.95$7,330
Jun 201502,86056.152.88$8,245
May 201502,33255.212.96$6,892
Apr 201502,50749.822.71$6,785
Mar 201503,16342.892.93$9,282
Feb 2015151,94744.662.98$6,465
Jan 201501,16743.433.10$3,618
Dec 201461,05954.693.59$4,131
Nov 2014091570.464.25$3,890
Oct 2014152,41878.303.90$10,607
Sep 2014182,77786.164.05$12,785
Aug 2014233,87589.394.04$17,692
Jul 2014243,94996.564.18$18,823
Jun 2014223,91498.164.74$20,700
May 2014244,52394.734.73$23,652
Apr 2014193,22295.944.81$17,318
Mar 2014204,57795.895.06$25,063
Feb 2014193,70097.406.19$24,761
Jan 2014224,29190.404.86$22,846
Dec 20131934,50591.824.35$37,338
Nov 201303,63988.853.74$13,604
Oct 2013374,69497.423.78$21,345
Sep 20131694,892104.113.72$35,782
Aug 2013495,070104.253.52$22,968
Jul 201305,333102.523.72$19,827
Jun 2013444,90194.403.93$23,431
May 2013225,29394.834.15$24,047
Apr 2013445,82493.964.28$29,076
Mar 2013204,94493.623.91$21,218
Feb 2013225,84191.233.42$21,983
Jan 2013236,24491.603.42$23,461
Dec 2012225,64886.773.42$21,226
Nov 2012497,28986.953.62$30,683
Oct 201205,80789.383.40$19,742
Sep 201204,90294.672.92$14,306
Aug 201215,16492.662.91$15,110
Jul 201205,60985.133.02$16,944
Jun 201226,76679.822.52$17,203
May 201217,62991.612.49$19,075
Apr 201217,407101.652.00$14,892
Mar 20121698,783105.052.22$37,270
Feb 201207,686101.102.57$19,755
Jan 201206,59298.092.73$18,023
Dec 201103,60996.873.24$11,692
Nov 2011010,85895.723.31$35,954
Oct 2011012,51984.983.65$45,676
Sep 2011011,51583.623.99$45,896
Aug 2011013,84783.404.15$57,456
Jul 2011113,72594.144.52$62,093
Jun 201117413,54592.904.64$79,012
May 2011014,68498.134.40$64,680
Apr 2011113,623105.964.33$59,138
Mar 2011115,06596.364.06$61,220
Feb 2011110,28785.644.18$43,085
Jan 2011110,79986.504.59$49,641
Dec 201017513,76685.734.35$74,854
Nov 2010011,83580.843.80$44,918
Oct 2010014,27078.103.51$50,072
Sep 2010014,73172.633.98$58,622
Aug 2010014,62473.684.42$64,629
Jul 201018013,64772.554.74$77,698
Jun 2010016,35070.364.91$80,285
May 201018017,91771.124.24$88,684
Apr 2010018,73481.694.12$77,234
Mar 201018019,29378.394.39$98,781
Feb 2010018,39173.585.44$100,090
Jan 201018420,99174.365.96$138,874
Dec 2009020,97071.445.48$114,994
Nov 200936124,45574.593.75$118,670
Oct 2009028,93872.544.11$118,942
Sep 2009028,61665.543.06$87,701
Aug 200917737,08467.423.22$131,288
Jul 200918443,28461.133.46$161,205
Jun 2009127,48766.163.90$107,128
May 200917830,26954.743.93$128,572
Apr 200917822,84146.773.59$90,267
Mar 200918013,37142.144.06$61,858
Feb 2009010,14832.814.63$47,016
Jan 200918216,70135.865.37$96,228
Dec 200807,11337.105.98$42,515
Nov 200805,93555.496.86$40,716
Oct 20081789,33475.246.92$78,002
Sep 2008011,593101.767.88$91,319
Aug 200809,131114.228.48$77,458
Jul 200816912,087131.0811.39$159,817
Jun 2008011,693131.3313.03$152,391
May 200817113,333123.1711.57$175,382
Apr 2008014,286110.3110.45$149,358
Mar 200820611,732101.909.66$134,370
Feb 20084314,80092.538.77$133,783
Jan 200818214,40390.388.21$134,636
Dec 200718018,87888.337.30$153,746
Nov 2007016,22391.677.29$118,293
Oct 200717717,97282.856.92$139,066
Sep 200722013,87775.846.24$103,335
Aug 200723125,70769.066.39$180,168
Jul 200717921,46770.906.39$149,821
Jun 200717729,01862.007.55$230,015
May 200718024,12758.747.85$199,880
Apr 200718234,68059.617.81$281,533
Mar 200735939,62956.927.30$309,804
Feb 200718237,96355.108.22$321,932
Jan 200736346,15750.306.73$328,750
Dec 200654145,21156.656.92$343,437
Nov 200624446,08254.207.62$364,254
Oct 200668747,03354.906.01$320,563
Sep 200617646,09260.085.04$242,749
Aug 200634950,08068.717.34$391,563
Jul 200635854,64069.376.34$371,403
Jun 200635754,19766.286.38$369,649
May 200653638,25366.016.42$281,157
Apr 200655446,11364.397.36$375,086
Mar 200651456,10256.707.08$426,510
Feb 200671846,43557.597.75$401,273
Jan 2006067,98060.598.93$607,287
Dec 200570359,72854.9413.42$839,898
Nov 20051,08561,63454.6910.59$711,944
Oct 200588074458.3413.80$61,603
Sep 200541965361.4512.08$33,635
Aug 200525437561.519.80$19,297
Jul 200525438,99755.697.84$320,024
Jun 200544645,95952.337.38$362,564
May 200517943,45245.226.65$297,101
Apr 200543045,75549.207.36$357,935
Mar 200539950,92750.377.15$384,474
Feb 200563052,02545.226.31$356,866
Jan 20056554,56943.166.32$347,802
Dec 200401,71739.866.75$11,592

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.

Aug 2023 — as filed, then multipliedworked
Condensate            12 bbl  × $ 80.52 =       $966
Gas                    0 Mcf  × $  2.67 =         $0

────────────────────────────────────────────────────
Month total                                     $966

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/207097 is the state's own key, not one this site invented.