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 219648District 04Field 548892002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.0 M
May 2006 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
241
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 Gas112009-10-08195042
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
CondensateDisposition3,240 bbl$234,001
GasProduction579,436 Mcf$2,779,880
Total$3,013,881

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 27.6785, -98.7896. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.67854, -98.78961 · 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
9,500 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 9,500 ft.

Completions filed
May 2006
1 of 1 wells

1 well

42-13138853109,500 ftMay 2006

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 (241)

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

241 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 20230080.522.67$0
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 202101,30369.865.35$6,972
Aug 2021322,22466.024.22$11,499
Jul 202182,27770.783.98$9,633
Jun 202102,10469.493.38$7,113
May 202141,93363.483.02$6,087
Apr 202101,66460.362.76$4,590
Mar 202142,11761.302.72$5,997
Feb 202101,74357.805.55$9,670
Jan 202102,63550.412.81$7,405
Dec 202062,70844.642.68$7,513
Nov 202072,32038.772.71$6,551
Oct 202001,53536.972.48$3,804
Sep 20201111,20637.091.99$6,518
Aug 202001,73939.982.39$4,148
Jul 202001,86938.371.83$3,411
Jun 202001,27434.901.69$2,153
May 202002,27316.921.81$4,125
Apr 2020261,09114.751.80$2,352
Mar 202001,03530.341.86$1,921
Feb 202001,13949.881.98$2,256
Jan 202002,33257.252.09$4,885
Dec 2019151,36159.012.30$4,021
Nov 201901,12955.302.75$3,106
Oct 2019191,10753.472.42$3,693
Sep 2019172,23555.052.66$6,875
Aug 2019181,09753.112.30$3,484
Jul 201902,62056.272.46$6,445
Jun 2019181,11852.782.49$3,735
May 201902,54158.482.74$6,963
Apr 2019192,35662.632.75$7,671
Mar 20191852,42956.803.06$17,946
Feb 2019191,46150.852.79$5,046
Jan 2019191,65646.033.23$6,220
Dec 201802,61746.594.19$10,953
Nov 2018171,24152.934.24$6,158
Oct 2018172,26061.443.40$8,724
Sep 2018191,18959.543.11$4,827
Aug 201801,76759.403.07$5,419
Jul 201801,63765.142.93$4,799
Jun 2018371,18160.183.08$5,861
May 2018181,90065.382.90$6,688
Apr 201801,58963.842.90$4,609
Mar 2018191,72161.222.79$5,959
Feb 2018181,33061.782.77$4,791
Jan 2018181,76662.874.01$8,212
Dec 2017131,79257.272.92$5,980
Nov 2017191,55655.423.12$5,905
Oct 2017181,42049.292.98$5,124
Sep 201701,94747.523.09$6,011
Aug 2017181,61745.373.00$5,675
Jul 2017182,06343.873.09$7,159
Jun 201702,15342.493.09$6,647
May 2017191,53945.373.26$5,884
Apr 2017371,48747.933.21$6,549
Mar 2017191,69146.772.98$5,934
Feb 201701,35850.452.95$4,010
Jan 2017161,55749.413.42$6,114
Dec 2016161,25048.763.72$5,434
Nov 2016161,65142.492.64$5,046
Oct 201601,90846.193.09$5,896
Sep 2016162,00841.553.10$6,891
Aug 2016132,14541.442.92$6,811
Jul 2016131,70541.622.92$5,527
Jun 201601,79345.352.69$4,816
May 201602,41142.521.99$4,800
Apr 201601,97336.561.99$3,928
Mar 201602,20733.011.79$3,959
Feb 201602,12226.472.06$4,379
Jan 201602,11127.352.36$4,991
Dec 201501,29532.362.00$2,592
Nov 201522,07038.792.17$4,564
Oct 201502,24543.552.43$5,448
Sep 201501,93742.992.76$5,343
Aug 201502,41740.162.87$6,943
Jul 201502,53048.152.95$7,451
Jun 201502,48956.152.88$7,175
May 201502,48655.212.96$7,347
Apr 201502,38749.822.71$6,461
Mar 201501,37842.892.93$4,044
Feb 2015111,54844.662.98$5,098
Jan 2015099143.433.10$3,073
Dec 2014121,69154.693.59$6,729
Nov 2014084870.464.25$3,606
Oct 2014152,34178.303.90$10,307
Sep 2014152,80886.164.05$12,652
Aug 2014162,97089.394.04$13,415
Jul 2014132,58996.564.18$12,076
Jun 2014142,53998.164.74$13,401
May 2014122,60894.734.73$13,464
Apr 2014122,12595.944.81$11,371
Mar 2014122,89795.895.06$15,800
Feb 2014122,52297.406.19$16,785
Jan 2014102,34190.404.86$12,283
Dec 2013122,55091.824.35$12,206
Nov 201302,81888.853.74$10,534
Oct 2013212,98697.423.78$13,331
Sep 2013112,744104.113.72$11,347
Aug 20132002,979104.253.52$31,344
Jul 201302,959102.523.72$11,001
Jun 2013242,86994.403.93$13,551
May 2013143,44194.834.15$15,605
Apr 2013243,42793.964.28$16,931
Mar 2013102,78693.623.91$11,837
Feb 2013113,09091.233.42$11,571
Jan 2013103,02391.603.42$11,254
Dec 2012113,17186.773.42$11,800
Nov 2012193,17486.953.62$13,158
Oct 201203,11489.383.40$10,587
Sep 201203,30194.672.92$9,634
Aug 201212,81992.662.91$8,291
Jul 201203,32485.133.02$10,041
Jun 201202,90779.822.52$7,323
May 201203,08391.612.49$7,671
Apr 201203,221101.652.00$6,432
Mar 201202,492105.052.22$5,537
Feb 201203,487101.102.57$8,962
Jan 201201,90398.092.73$5,203
Dec 201102,56896.873.24$8,320
Nov 201102,00095.723.31$6,623
Oct 20111672,86884.983.65$24,656
Sep 201102,36183.623.99$9,410
Aug 201103,23283.404.15$13,411
Jul 201102,40694.144.52$10,868
Jun 201103,35592.904.64$15,567
May 201103,47298.134.40$15,294
Apr 201103,283105.964.33$14,226
Mar 201103,64096.364.06$14,769
Feb 201103,57085.644.18$14,923
Jan 201113,75486.504.59$17,313
Dec 2010974,50385.734.35$27,894
Nov 201005,21380.843.80$19,785
Oct 201003,78978.103.51$13,295
Sep 201003,95072.633.98$15,719
Aug 201004,41073.684.42$19,489
Jul 201004,25172.554.74$20,135
Jun 20101755,21070.364.91$37,896
May 201004,48871.124.24$19,008
Apr 201004,45481.694.12$18,362
Mar 20101835,33678.394.39$37,763
Feb 201005,27873.585.44$28,725
Jan 201004,55674.365.96$27,172
Dec 200904,96271.445.48$27,210
Nov 200904,67074.593.75$17,520
Oct 200906,08672.544.11$25,015
Sep 200905,59465.543.06$17,144
Aug 200905,97467.423.22$19,227
Jul 200906,18461.133.46$21,424
Jun 200906,24266.163.90$24,313
May 200905,14454.743.93$20,194
Apr 200906,45046.773.59$23,139
Mar 200901,85142.144.06$7,513
Feb 200901,68732.814.63$7,816
Jan 200904,15535.865.37$22,317
Dec 200802,60437.105.98$15,564
Nov 200806,81655.496.86$46,760
Oct 200803,72775.246.92$25,798
Sep 200803,828101.767.88$30,154
Aug 200803,593114.228.48$30,479
Jul 20081745,866131.0811.39$89,618
Jun 200804,245131.3313.03$55,324
May 200804,210123.1711.57$48,728
Apr 200804,303110.3110.45$44,987
Mar 2008125,730101.909.66$56,598
Feb 2008113,79692.538.77$34,311
Jan 200803,82990.388.21$31,420
Dec 20071763,37788.337.30$40,205
Nov 200704,44191.677.29$32,382
Oct 200705,27982.856.92$36,541
Sep 200703,54575.846.24$22,136
Aug 200783,43369.066.39$22,482
Jul 200704,21170.906.39$26,900
Jun 20071745,08162.007.55$49,142
May 200704,18258.747.85$32,813
Apr 200704,35659.617.81$33,999
Mar 200705,68456.927.30$41,504
Feb 200703,39655.108.22$27,902
Jan 20071825,76050.306.73$47,901
Dec 200605,31356.656.92$36,758
Nov 2006645,82754.207.62$47,856
Oct 200606,98354.906.01$41,994
Sep 20061748,51960.085.04$53,366
Aug 2006012,47468.717.34$91,558
Jul 2006013,54669.376.34$85,919
Jun 20061779,66566.286.38$73,432
May 2006013,85866.016.42$89,038

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.

Sep 2021 — as filed, then multipliedworked
Condensate             0 bbl  × $ 69.86 =         $0
Gas                1,303 Mcf  × $  5.35 =     $6,972

────────────────────────────────────────────────────
Month total                                   $6,972

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/219648 is the state's own key, not one this site invented.