PEAL, J B

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 210368District 04Field 548892002 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.5 M
Jun 2005 – May 2026
Value, last 12 filed months
$128 k
at the published price for each month
Months reported
252
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 Gas112009-10-08195043
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
CondensateDisposition13,474 bbl$961,923
GasProduction1,687,456 Mcf$9,510,893
Total$10,472,816

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 27.6930, -98.7853. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.69302, -98.78527 · 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
9,950 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 9,950 ft.

Completions filed
Mar 2014
1 of 1 wells

1 well

42-1313878719,950 ftMar 2014

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 (252)

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

252 months

May 202603,643106.413.05$11,096
Apr 202603,62498.932.87$10,400
Mar 202603,29989.753.15$10,390
Feb 202602,53463.503.75$9,503
Jan 202603,21659.138.00$25,721
Dec 202502,83356.664.41$12,503
Nov 202502,96458.593.93$11,638
Oct 202502,55059.383.30$8,427
Sep 202502,44262.743.08$7,514
Aug 202502,57163.933.01$7,751
Jul 202502,28166.743.32$7,562
Jun 202501,70566.483.13$5,334
May 202502,02660.553.23$6,549
Apr 202501,82862.363.54$6,477
Mar 202502,09367.704.27$8,934
Feb 202501,51170.884.34$6,559
Jan 202501,17174.324.28$5,010
Dec 202402,49068.993.12$7,772
Nov 202402,51369.052.20$5,525
Oct 202401,77771.372.28$4,054
Sep 202401,95669.612.36$4,625
Aug 2024242,70775.632.06$7,401
Jul 202402,96279.932.15$6,358
Jun 202402,36478.082.63$6,227
May 202402,39378.812.20$5,261
Apr 202402,11284.451.66$3,504
Mar 202402,55480.301.55$3,946
Feb 202401,81676.091.78$3,239
Jan 2024099673.023.30$3,284
Dec 202302,57471.262.61$6,720
Nov 202302,83277.892.81$7,951
Oct 202302,64185.443.09$8,154
Sep 202302,29089.042.74$6,263
Aug 202303,37480.522.67$9,018
Jul 202303,29174.852.64$8,694
Jun 202302,79468.962.26$6,310
May 20232183,01970.622.23$22,120
Apr 202302,79278.122.24$6,248
Mar 202302,67872.852.39$6,409
Feb 202302,68975.112.47$6,630
Jan 202303,14376.533.39$10,648
Dec 202202,51476.415.73$14,403
Nov 202202,62185.005.65$14,799
Oct 20221613,16187.185.86$32,571
Sep 202203,11684.888.16$25,438
Aug 202203,02094.529.13$27,564
Jul 202202,854101.587.54$21,525
Jun 202202,797115.097.98$22,312
May 202203,098109.378.43$26,126
Apr 202202,847104.226.84$19,467
Mar 20221751,449108.885.08$26,410
Feb 202201,50791.054.86$7,322
Jan 202202,19581.844.54$9,960
Dec 202102,39971.323.90$9,354
Nov 2021232,30677.435.24$13,857
Oct 202102,15379.795.71$12,302
Sep 202101,38069.865.35$7,384
Aug 202102,50766.024.22$10,581
Jul 202102,81470.783.98$11,206
Jun 202101,81969.493.38$6,149
May 20211771,87063.483.02$16,879
Apr 202102,44260.362.76$6,736
Mar 202102,48061.302.72$6,738
Feb 202102,98557.805.55$16,561
Jan 202101,77750.412.81$4,994
Dec 2020099444.642.68$2,659
Nov 202002,13738.772.71$5,784
Oct 202003,01236.972.48$7,465
Sep 20201753,72437.091.99$13,905
Aug 202003,42539.982.39$8,169
Jul 202004,63938.371.83$8,467
Jun 202003,56834.901.69$6,031
May 202001,53916.921.81$2,793
Apr 2020092214.751.80$1,664
Mar 202001,74030.341.86$3,230
Feb 202002,10049.881.98$4,159
Jan 202002,89557.252.09$6,064
Dec 201902,16859.012.30$4,996
Nov 201904,89655.302.75$13,467
Oct 201903,23853.472.42$7,831
Sep 20191742,18555.052.66$15,385
Aug 201901,57153.112.30$3,620
Jul 201903,46656.272.46$8,527
Jun 201902,42552.782.49$6,041
May 201902,94458.482.74$8,068
Apr 201902,17562.632.75$5,983
Mar 201903,43856.803.06$10,528
Feb 201902,52250.852.79$7,042
Jan 2019094246.033.23$3,041
Dec 201804,47946.594.19$18,747
Nov 201804,31452.934.24$18,279
Oct 201801,59061.443.40$5,403
Sep 201802,43759.543.11$7,574
Aug 20181762,64759.403.07$18,572
Jul 201803,16165.142.93$9,268
Jun 201802,97560.183.08$9,154
May 201802,27365.382.90$6,594
Apr 20181783,62663.842.90$21,882
Mar 201805,58661.222.79$15,567
Feb 201833,06661.782.77$8,666
Jan 201802,05962.874.01$8,255
Dec 2017214,35057.272.92$13,911
Nov 20171745,07055.423.12$25,453
Oct 201704,52149.292.98$13,489
Sep 201703,60947.523.09$11,142
Aug 201704,06545.373.00$12,213
Jul 201703,50743.873.09$10,827
Jun 201734,28942.493.09$13,369
May 201705,04945.373.26$16,477
Apr 201704,49147.933.21$14,423
Mar 201705,82646.772.98$17,383
Feb 20171804,32050.452.95$21,836
Jan 201734,93949.413.42$17,034
Dec 201605,06848.763.72$18,867
Nov 201606,21942.492.64$16,445
Oct 201606,23446.193.09$19,265
Sep 201605,91741.553.10$18,346
Aug 2016214,38441.442.92$13,691
Jul 201604,33841.622.92$12,686
Jun 201604,27045.352.69$11,468
May 201613,99542.521.99$7,997
Apr 201605,16036.561.99$10,274
Mar 201605,46633.011.79$9,806
Feb 201604,40126.472.06$9,082
Jan 201605,10527.352.36$12,070
Dec 20151784,58132.362.00$14,929
Nov 201505,19038.792.17$11,248
Oct 201504,75943.552.43$11,548
Sep 201514,53742.992.76$12,558
Aug 201504,26240.162.87$12,243
Jul 20151834,50248.152.95$22,070
Jun 201504,34356.152.88$12,520
May 201504,65255.212.96$13,749
Apr 201503,55049.822.71$9,608
Mar 201514,22242.892.93$12,433
Feb 20151813,26444.662.98$17,798
Jan 201503,39443.433.10$10,524
Dec 201403,52254.693.59$12,649
Nov 201404,70670.464.25$20,009
Oct 201433,97478.303.90$15,737
Sep 2014224,36386.164.05$19,546
Aug 201404,17289.394.04$16,835
Jul 2014234,97696.564.18$23,019
Jun 201403,75598.164.74$17,787
May 201403,41094.734.73$16,118
Apr 2014254,81695.944.81$25,559
Mar 2014087095.895.06$4,399
Feb 2014026497.406.19$1,635
Jan 2014067390.404.86$3,271
Dec 2013319891.824.35$1,138
Nov 2013020588.853.74$766
Oct 20134497.423.78$405
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201322102.523.72$212
Jun 201318079494.403.93$20,115
May 201308,59194.834.15$35,645
Apr 2013297,46193.964.28$34,677
Mar 20131809,22093.623.91$52,928
Feb 20131739,37391.233.42$47,838
Jan 2013318,11091.603.42$30,575
Dec 201208,75086.773.42$29,926
Nov 2012269,27886.953.62$35,893
Oct 20121767,48389.383.40$41,171
Sep 201207,70194.672.92$22,475
Aug 201209,14392.662.91$26,589
Jul 20121749,47785.133.02$43,441
Jun 201208,98179.822.52$22,624
May 201207,52191.612.49$18,715
Apr 20121767,305101.652.00$32,477
Mar 201208,361105.052.22$18,579
Feb 20121779,421101.102.57$42,109
Jan 201208,33198.092.73$22,778
Dec 20111838,06596.873.24$43,856
Nov 201106,80195.723.31$22,520
Oct 201109,15984.983.65$33,417
Sep 201107,62783.623.99$30,400
Aug 201108,49983.404.15$35,265
Jul 20111648,06194.144.52$51,852
Jun 201108,21692.904.64$38,121
May 201135610,08898.134.40$79,370
Apr 201108,838105.964.33$38,298
Mar 2011011,26296.364.06$45,694
Feb 20111844,66585.644.18$35,257
Jan 201109,79286.504.59$44,933
Dec 201009,35485.734.35$40,669
Nov 20101679,71780.843.80$50,380
Oct 2010010,20278.103.51$35,798
Sep 2010010,18672.633.98$40,535
Aug 20101807,11373.684.42$44,697
Jul 201009,71972.554.74$46,034
Jun 20101749,40970.364.91$58,445
May 201009,73571.124.24$41,230
Apr 201017510,30981.694.12$56,797
Mar 2010011,85078.394.39$52,006
Feb 20101817,27473.585.44$52,906
Jan 2010010,55474.365.96$62,945
Dec 200918310,05771.445.48$68,224
Nov 2009010,36774.593.75$38,892
Oct 20091809,64672.544.11$52,705
Sep 200908,97265.543.06$27,497
Aug 2009010,70667.423.22$34,457
Jul 200917610,99961.133.46$48,865
Jun 200909,29666.163.90$36,208
May 200917410,68554.743.93$51,471
Apr 2009011,67446.773.59$41,880
Mar 200918011,76042.144.06$55,319
Feb 200918210,77332.814.63$55,883
Jan 2009012,49535.865.37$67,111
Dec 200818111,98437.105.98$78,345
Nov 2008012,15155.496.86$83,360
Oct 200818813,66875.246.92$108,755
Sep 200817911,699101.767.88$110,369
Aug 2008014,036114.228.48$119,068
Jul 200818413,496131.0811.39$177,830
Jun 2008013,009131.3313.03$169,541
May 200817813,905123.1711.57$182,865
Apr 200818112,698110.3110.45$152,722
Mar 200820713,059101.909.66$147,296
Feb 200821212,33892.538.77$127,828
Jan 20081789,55790.388.21$94,510
Dec 2007010,58988.337.30$77,321
Nov 200717814,33291.677.29$120,822
Oct 2007015,49282.856.92$107,235
Sep 200720110,04075.846.24$77,935
Aug 200720414,09769.066.39$104,139
Jul 200716715,26870.906.39$109,371
Jun 2007013,21062.007.55$99,715
May 200717715,49158.747.85$131,944
Apr 200718016,20159.617.81$137,182
Mar 200717920,87256.927.30$162,595
Feb 2007011,91755.108.22$97,910
Jan 200718014,89950.306.73$109,277
Dec 200618020,44056.656.92$151,610
Nov 200618214,67754.207.62$121,666
Oct 200618011,62454.906.01$79,786
Sep 2006020,70760.085.04$104,305
Aug 200617619,39468.717.34$154,443
Jul 200613616,70469.376.34$115,384
Jun 200618116,94466.286.38$120,165
May 200617834,98366.016.42$236,516
Apr 200618017,23264.397.36$138,426
Mar 2006018,65356.707.08$132,118
Feb 200621918,72457.597.75$157,744
Jan 200618122,01060.598.93$207,589
Dec 20051,12223,01754.9413.42$370,425
Nov 200517819,80954.6910.59$219,480
Oct 200521424,67158.3413.80$352,840
Sep 200521218,97061.4512.08$242,166
Aug 200512729,82361.519.80$299,983
Jul 2005030,71155.697.84$240,886
Jun 2005027,33352.337.38$201,746

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                3,643 Mcf  × $  3.05 =    $11,096

────────────────────────────────────────────────────
Month total                                  $11,096

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/210368 is the state's own key, not one this site invented.