PEAL 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 209771District 04Field 548892002 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.6 M
Feb 2005 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
256
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 Gas112005-10-26165862
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
CondensateDisposition13,180 bbl$821,242
GasProduction1,623,487 Mcf$10,780,244
Total$11,601,486

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 27.6755, -98.7785. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.67551, -98.77850 · 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.

1 well

42-1313876278,800 ft

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 (256)

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

256 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 20237080.522.67$564
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
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 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 202137066.024.22$2,443
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 202002636.972.48$64
Sep 202024037.091.99$890
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200814.751.80$14
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 20191153.472.42$56
Sep 201939155.052.66$407
Aug 2019328553.112.30$816
Jul 20190056.272.46$0
Jun 20191124952.782.49$1,201
May 2019054658.482.74$1,496
Apr 20191158062.632.75$2,284
Mar 20191150956.803.06$2,183
Feb 20191149550.852.79$1,942
Jan 20191158546.033.23$2,395
Dec 2018053346.594.19$2,231
Nov 20181065852.934.24$3,317
Oct 2018104361.443.40$761
Sep 20181172159.543.11$2,896
Aug 2018073559.403.07$2,254
Jul 2018074765.142.93$2,190
Jun 20182274860.183.08$3,626
May 20181177765.382.90$2,973
Apr 2018057263.842.90$1,659
Mar 20181170861.222.79$2,647
Feb 20181166361.782.77$2,514
Jan 20181176462.874.01$3,755
Dec 201781,05257.272.92$3,532
Nov 2017111,08255.423.12$3,984
Oct 2017111,14949.292.98$3,970
Sep 201701,16247.523.09$3,587
Aug 2017111,23445.373.00$4,207
Jul 2017111,24143.873.09$4,314
Jun 201701,14042.493.09$3,520
May 2017111,10345.373.26$4,099
Apr 2017221,06947.933.21$4,488
Mar 20171199646.772.98$3,486
Feb 2017080150.452.95$2,365
Jan 20171094049.413.42$3,708
Dec 2016101,02248.763.72$4,292
Nov 2016101,07542.492.64$3,268
Oct 201601,08046.193.09$3,337
Sep 201691,13841.553.10$3,902
Aug 201681,26541.442.92$4,031
Jul 201691,25941.622.92$4,056
Jun 201601,26445.352.69$3,395
May 201601,62142.521.99$3,227
Apr 201601,71336.561.99$3,411
Mar 201601,62533.011.79$2,915
Feb 201601,48826.472.06$3,071
Jan 201601,57627.352.36$3,726
Dec 201501,59832.362.00$3,198
Nov 20151801,52738.792.17$10,292
Oct 201501,55443.552.43$3,771
Sep 201501,52742.992.76$4,212
Aug 201501,55340.162.87$4,461
Jul 201501,59748.152.95$4,703
Jun 201501,57356.152.88$4,535
May 201501,72455.212.96$5,095
Apr 201501,84549.822.71$4,994
Mar 201501,76742.892.93$5,186
Feb 2015131,84344.662.98$6,066
Jan 201501,62543.433.10$5,039
Dec 2014101,43354.693.59$5,693
Nov 201401,70170.464.25$7,232
Oct 2014101,68578.303.90$7,356
Sep 201471,27686.164.05$5,765
Aug 2014597489.394.04$4,377
Jul 201451,16696.564.18$5,356
Jun 201491,67898.164.74$8,832
May 2014203,81294.734.73$19,912
Apr 2014131,99495.944.81$10,837
Mar 20141792,29295.895.06$28,755
Feb 2014122,29697.406.19$15,386
Jan 2014213,72590.404.86$20,005
Dec 2013193,86691.824.35$18,579
Nov 201303,52588.853.74$13,177
Oct 2013405,04597.423.78$22,964
Sep 2013204,660104.113.72$19,407
Aug 2013495,205104.253.52$23,443
Jul 201303,893102.523.72$14,473
Jun 2013475,24694.403.93$25,071
May 2013235,34594.834.15$24,358
Apr 2013395,04893.964.28$25,283
Mar 2013266,35693.623.91$27,304
Feb 20131986,64491.233.42$40,785
Jan 2013246,71591.603.42$25,163
Dec 2012277,12586.773.42$26,711
Nov 2012548,24686.953.62$34,587
Oct 201206,95789.383.40$23,652
Sep 201204,52794.672.92$13,212
Aug 201214,78192.662.91$13,997
Jul 201203,50685.133.02$10,591
Jun 201223,23079.822.52$8,296
May 201202,09791.612.49$5,218
Apr 201201,664101.652.00$3,323
Mar 201201,077105.052.22$2,393
Feb 201201,184101.102.57$3,043
Jan 2012071998.092.73$1,966
Dec 2011017896.873.24$577
Nov 2011091695.723.31$3,033
Oct 201101,34484.983.65$4,904
Sep 201101,45783.623.99$5,807
Aug 20111653,84283.404.15$29,703
Jul 201103,36894.144.52$15,214
Jun 201102,48492.904.64$11,525
May 201105,07598.134.40$22,354
Apr 201114,866105.964.33$21,192
Mar 201118,00396.364.06$32,567
Feb 201106,89785.644.18$28,829
Jan 20111817,83186.504.59$51,591
Dec 201029,67585.734.35$42,236
Nov 201008,69780.843.80$33,008
Oct 201018,68578.103.51$30,553
Sep 201017310,05372.633.98$52,571
Aug 2010011,73473.684.42$51,857
Jul 201019,83672.554.74$46,661
Jun 201018713,42770.364.91$79,089
May 2010014,13271.124.24$59,852
Apr 201018216,32081.694.12$82,150
Mar 201018217,06278.394.39$89,146
Feb 2010016,83173.585.44$91,600
Jan 2010016,77574.365.96$100,048
Dec 200918317,59071.445.48$109,533
Nov 200917821,86774.593.75$95,311
Oct 200918326,07172.544.11$120,433
Sep 200918025,01265.543.06$88,453
Aug 2009023,77467.423.22$76,517
Jul 200918225,86461.133.46$100,731
Jun 200913024,02866.163.90$102,190
May 2009012,62554.743.93$49,563
Apr 20091819,26046.773.59$41,686
Mar 200905,88342.144.06$23,879
Feb 200905,51032.814.63$25,528
Jan 200906,32135.865.37$33,950
Dec 200805,42337.105.98$32,414
Nov 200805,94955.496.86$40,812
Oct 200806,90575.246.92$47,796
Sep 200806,628101.767.88$52,209
Aug 200806,938114.228.48$58,855
Jul 200806,777131.0811.39$77,186
Jun 200807,641131.3313.03$99,582
May 200807,085123.1711.57$82,004
Apr 200807,290110.3110.45$76,216
Mar 2008167,305101.909.66$72,226
Feb 2008187,02192.538.77$63,244
Jan 200807,11590.388.21$58,384
Dec 200705,92888.337.30$43,286
Nov 200707,88491.677.29$57,488
Oct 200708,36482.856.92$57,895
Sep 200706,43275.846.24$40,162
Aug 2007199,53769.066.39$62,234
Jul 200708,51370.906.39$54,381
Jun 200717310,91562.007.55$93,117
May 2007010,05758.747.85$78,910
Apr 2007012,79759.617.81$99,883
Mar 200718215,71156.927.30$125,081
Feb 2007011,88755.108.22$97,664
Jan 200718227,60550.306.73$194,849
Dec 200617825,09856.656.92$183,723
Nov 200624425,12254.207.62$204,591
Oct 200618233,10854.906.01$209,097
Sep 200635733,71660.085.04$191,283
Aug 200617536,99568.717.34$283,565
Jul 200617934,37569.376.34$230,450
Jun 200636041,51766.286.38$288,900
May 200635529,75966.016.42$214,635
Apr 200635636,36264.397.36$290,565
Mar 20061,24043,86556.707.08$381,000
Feb 200652837,64857.597.75$322,222
Jan 200671355,55960.598.93$539,527
Dec 2005048,95054.9413.42$656,684
Nov 200571250,79654.6910.59$576,788
Oct 200572436,36958.3413.80$543,976
Sep 200544732,33261.4512.08$418,006
Aug 200542922,53561.519.80$247,160
Jul 200541432,05955.697.84$274,515
Jun 200522932,69652.337.38$253,314
May 200517925,67645.226.65$178,870
Apr 200574732,44349.207.36$275,548
Mar 20057745,35550.377.15$328,388
Feb 20054019,58745.226.31$125,440

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             7 bbl  × $ 80.52 =       $564
Gas                    0 Mcf  × $  2.67 =         $0

────────────────────────────────────────────────────
Month total                                     $564

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/209771 is the state's own key, not one this site invented.