PETERS

Operated by DYNAMIC PRODUCTION, INC. (P-5 237926) in the WEST TIGER (WILCOX CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 242399District 04Field 965585002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.0 M
Jun 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
216
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 47 leases and 47 wells, and the rule below applies to all of them.

Discovered
2007-09-11
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 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 2007-09-11.

The Commission's schedule remark for this field reads: 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 Gas112009-01-15185967
NGPA2none

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
CondensateDisposition3,278 bbl$240,136
GasProduction627,694 Mcf$3,715,841
Total$3,955,977

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 27.7052, -98.7509. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.70525, -98.75089 · 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
8,700 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 8,700 ft.

Completions filed
Jun 2008
1 of 1 wells

1 well

42-1313908318,700 ftJun 2008

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 (216)

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

216 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 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 20200014.751.80$0
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 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 2014031595.895.06$1,593
Feb 20140097.406.19$0
Jan 2014033390.404.86$1,619
Dec 2013045991.824.35$1,999
Nov 2013092688.853.74$3,462
Oct 2013074497.423.78$2,812
Sep 20130899104.113.72$3,342
Aug 20130970104.253.52$3,417
Jul 201301,194102.523.72$4,439
Jun 201301,04494.403.93$4,106
May 2013121,12894.834.15$5,818
Apr 201301,26493.964.28$5,413
Mar 201301,16093.623.91$4,539
Feb 201314595191.233.42$16,481
Jan 201301,14091.603.42$3,899
Dec 201201,25686.773.42$4,296
Nov 2012085186.953.62$3,085
Oct 201201,85489.383.40$6,303
Sep 201202,37094.672.92$6,917
Aug 201232,20292.662.91$6,682
Jul 201202,27285.133.02$6,863
Jun 201202,33579.822.52$5,882
May 201202,40591.612.49$5,984
Apr 201202,520101.652.00$5,032
Mar 201222,314105.052.22$5,352
Feb 201202,587101.102.57$6,649
Jan 201203,04898.092.73$8,333
Dec 201103,09796.873.24$10,033
Nov 201131,54695.723.31$5,406
Oct 201103,11684.983.65$11,369
Sep 201103,08383.623.99$12,288
Aug 201103,50583.404.15$14,543
Jul 201103,62494.144.52$16,370
Jun 201103,65192.904.64$16,940
May 201103,94598.134.40$17,377
Apr 20111924,152105.964.33$38,336
Mar 201104,34696.364.06$17,633
Feb 201103,69385.644.18$15,437
Jan 201104,27586.504.59$19,617
Dec 201014,87885.734.35$21,294
Nov 201005,19580.843.80$19,717
Oct 201005,93878.103.51$20,836
Sep 201015,08572.633.98$20,308
Aug 201035,80473.684.42$25,871
Jul 201016,35572.554.74$30,173
Jun 201005,92470.364.91$29,089
May 20101997,20171.124.24$44,651
Apr 201017,60581.694.12$31,435
Mar 201048,97278.394.39$39,689
Feb 201007,74373.585.44$42,140
Jan 20101999,54774.365.96$71,737
Dec 2009310,91071.445.48$60,042
Nov 2009011,24474.593.75$42,182
Oct 2009013,12372.544.11$53,939
Sep 200918213,19565.543.06$52,368
Aug 2009214,97867.423.22$48,342
Jul 2009116,55961.133.46$57,430
Jun 200919318,68766.163.90$85,555
May 2009017,07954.743.93$67,048
Apr 200919722,25346.773.59$89,046
Mar 200919427,34342.144.06$119,160
Feb 200920118,70532.814.63$93,255
Jan 200918823,27935.865.37$131,773
Dec 200820227,42337.105.98$171,405
Nov 200818431,01455.496.86$222,977
Oct 200819037,85775.246.92$276,341
Sep 200838743,344101.767.88$380,806
Aug 200819151,908114.228.48$462,153
Jul 200819758,500131.0811.39$692,104
Jun 200809,472131.3313.03$123,445

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.

Mar 2014 — as filed, then multipliedworked
Condensate             0 bbl  × $ 95.89 =         $0
Gas                  315 Mcf  × $  5.06 =     $1,593

────────────────────────────────────────────────────
Month total                                   $1,593

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/242399 is the state's own key, not one this site invented.