PETERS A-724

Operated by VARAS ENERGY OPERATING COMPANY, (P-5 102824) 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 256682District 04Field 965585002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.9 M
Jun 2010 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
192
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 Gas112016-08-15202397
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
CondensateDisposition6,077 bbl$485,763
GasProduction353,915 Mcf$1,401,878
Total$1,887,641

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 27.6625, -98.7558. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.66250, -98.75583 · 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
9,314 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 9,314 ft.

Completions filed
Aug 2010
1 of 1 wells

1 well

42-1313920413H9,314 ftAug 2010

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 (192)

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

192 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 20230185.443.09$3
Sep 20230089.042.74$0
Aug 202301180.522.67$29
Jul 202305874.852.64$153
Jun 202304668.962.26$104
May 202307370.622.23$163
Apr 202303478.122.24$76
Mar 20230772.852.39$17
Feb 202302475.112.47$59
Jan 202306076.533.39$203
Dec 202208776.415.73$498
Nov 202205585.005.65$311
Oct 202204187.185.86$240
Sep 202208384.888.16$678
Aug 202206694.529.13$602
Jul 2022049101.587.54$370
Jun 2022078115.097.98$622
May 20220138109.378.43$1,164
Apr 20220119104.226.84$814
Mar 20220505108.885.08$2,564
Feb 2022016191.054.86$782
Jan 202206281.844.54$281
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 202008437.091.99$167
Aug 2020011139.982.39$265
Jul 2020025038.371.83$456
Jun 2020013634.901.69$230
May 2020026916.921.81$488
Apr 202011917414.751.80$2,069
Mar 2020023830.341.86$442
Feb 20200049.881.98$0
Jan 2020018557.252.09$388
Dec 2019011959.012.30$274
Nov 201907755.302.75$212
Oct 201908353.472.42$201
Sep 201905755.052.66$151
Aug 201907353.112.30$168
Jul 2019010256.272.46$251
Jun 201907152.782.49$177
May 201909758.482.74$266
Apr 2019011062.632.75$303
Mar 2019010356.803.06$315
Feb 2019010550.852.79$293
Jan 201903846.033.23$123
Dec 201806646.594.19$276
Nov 201803852.934.24$161
Oct 201805161.443.40$173
Sep 201807659.543.11$236
Aug 201801559.403.07$46
Jul 201804365.142.93$126
Jun 201806660.183.08$203
May 201805965.382.90$171
Apr 2018010063.842.90$290
Mar 201806761.222.79$187
Feb 201809361.782.77$257
Jan 201807862.874.01$313
Dec 201705057.272.92$146
Nov 201707255.423.12$225
Oct 201709949.292.98$295
Sep 201702147.523.09$65
Aug 20176310345.373.00$3,168
Jul 201708943.873.09$275
Jun 2017014042.493.09$432
May 2017015545.373.26$506
Apr 2017024147.933.21$774
Mar 2017023446.772.98$698
Feb 2017015350.452.95$452
Jan 2017023949.413.42$817
Dec 20162118048.763.72$1,694
Nov 2016025042.492.64$661
Oct 2016055046.193.09$1,700
Sep 20168174441.553.10$5,672
Aug 2016057841.442.92$1,690
Jul 2016075641.622.92$2,211
Jun 2016081345.352.69$2,184
May 2016097542.521.99$1,941
Apr 2016092336.561.99$1,838
Mar 2016086733.011.79$1,555
Feb 2016087126.472.06$1,797
Jan 201601,00027.352.36$2,364
Dec 201501,00632.362.00$2,013
Nov 2015094938.792.17$2,057
Oct 201501,06343.552.43$2,579
Sep 2015099242.992.76$2,736
Aug 201501,16240.162.87$3,338
Jul 2015611,13948.152.95$6,292
Jun 201501,15956.152.88$3,341
May 201501,15655.212.96$3,417
Apr 2015601,16649.822.71$6,145
Mar 201501,17742.892.93$3,454
Feb 201501,12244.662.98$3,339
Jan 201501,27443.433.10$3,950
Dec 2014891,21354.693.59$9,224
Nov 201401,16170.464.25$4,936
Oct 201401,29278.303.90$5,040
Sep 201401,35286.164.05$5,469
Aug 2014741,38589.394.04$12,204
Jul 201401,52396.564.18$6,366
Jun 201401,41898.164.74$6,717
May 201401,65994.734.73$7,841
Apr 201401,52395.944.81$7,324
Mar 2014721,78895.895.06$15,946
Feb 201401,66297.406.19$10,291
Jan 201401,94790.404.86$9,464
Dec 201302,07691.824.35$9,040
Nov 2013791,87188.853.74$14,013
Oct 201302,60497.423.78$9,841
Sep 201301,194104.113.72$4,439
Aug 201302,880104.253.52$10,145
Jul 2013612,275102.523.72$14,712
Jun 201302,19494.403.93$8,630
May 2013742,09194.834.15$15,693
Apr 201302,30293.964.28$9,859
Mar 2013753,08693.623.91$19,097
Feb 201302,81291.233.42$9,617
Jan 20131002,92791.603.42$19,170
Dec 201202,88386.773.42$9,860
Nov 201203,11386.953.62$11,285
Oct 2012973,28589.383.40$19,838
Sep 201203,26094.672.92$9,514
Aug 2012983,47192.662.91$19,175
Jul 201202,87685.133.02$8,688
Jun 2012924,15279.822.52$17,802
May 201204,41091.612.49$10,973
Apr 20121954,193101.652.00$28,194
Mar 201204,288105.052.22$9,528
Feb 2012883,849101.102.57$18,790
Jan 2012834,21798.092.73$19,671
Dec 2011854,52196.873.24$22,881
Nov 2011854,59295.723.31$23,342
Oct 20111685,97284.983.65$36,066
Sep 201105,93583.623.99$23,656
Aug 2011845,97283.404.15$31,785
Jul 2011728,30094.144.52$44,271
Jun 20111408,71492.904.64$53,438
May 20117110,25198.134.40$52,121
Apr 201120415,817105.964.33$90,155
Mar 20116811,09596.364.06$51,569
Feb 20111648,14685.644.18$48,095
Jan 20112479,20586.504.59$63,605
Dec 20102628,83785.734.35$60,882
Nov 201018211,31880.843.80$57,668
Oct 201046814,80478.103.51$88,496
Sep 201038518,13972.633.98$100,146
Aug 201061824,16873.684.42$152,341
Jul 201090641,31172.554.74$261,399
Jun 201018618,12670.364.91$102,093

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.

Oct 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 85.44 =         $0
Gas                    1 Mcf  × $  3.09 =         $3

────────────────────────────────────────────────────
Month total                                       $3

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/256682 is the state's own key, not one this site invented.