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 256940District 04Field 965585002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.9 M
Apr 2010 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
194
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 Gas112012-08-17201477
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
CondensateDisposition9,344 bbl$745,744
GasProduction558,642 Mcf$2,175,650
Total$2,921,394

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 27.6661, -98.7556. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.66614, -98.75557 · 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
9,430 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 9,430 ft.

Completions filed
Apr 2010
1 of 1 wells

1 well

42-1313914512H9,430 ftApr 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 (194)

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

194 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 202302580.522.67$67
Jul 202306874.852.64$180
Jun 2023015468.962.26$348
May 202308370.622.23$185
Apr 202308178.122.24$181
Mar 202308272.852.39$196
Feb 202309375.112.47$229
Jan 2023031576.533.39$1,067
Dec 2022016176.415.73$922
Nov 202206585.005.65$367
Oct 202208587.185.86$498
Sep 2022020284.888.16$1,649
Aug 202207594.529.13$685
Jul 20220551101.587.54$4,156
Jun 2022052115.097.98$415
May 20220167109.378.43$1,408
Apr 20220133104.226.84$909
Mar 20220197108.885.08$1,000
Feb 202202491.054.86$117
Jan 2022012681.844.54$572
Dec 202108771.323.90$339
Nov 202108677.435.24$450
Oct 2021013479.795.71$766
Sep 2021011369.865.35$605
Aug 2021013866.024.22$582
Jul 202107070.783.98$279
Jun 202107569.493.38$254
May 202107363.483.02$220
Apr 202106060.362.76$166
Mar 2021010161.302.72$274
Feb 202104657.805.55$255
Jan 202103,12050.412.81$8,768
Dec 202016544.642.68$219
Nov 202003138.772.71$84
Oct 202007336.972.48$181
Sep 202003637.091.99$72
Aug 2020020339.982.39$484
Jul 202006338.371.83$115
Jun 2020014834.901.69$250
May 202007716.921.81$140
Apr 2020342314.751.80$543
Mar 202003930.341.86$72
Feb 202008849.881.98$174
Jan 2020443557.252.09$2,592
Dec 201903759.012.30$85
Nov 201905155.302.75$140
Oct 201901253.472.42$29
Sep 201903555.052.66$93
Aug 201901753.112.30$39
Jul 201902856.272.46$69
Jun 201902552.782.49$62
May 201905058.482.74$137
Apr 201903062.632.75$83
Mar 201903756.803.06$113
Feb 201902950.852.79$81
Jan 201906046.033.23$194
Dec 201807646.594.19$318
Nov 201802552.934.24$106
Oct 201802561.443.40$85
Sep 201804459.543.11$137
Aug 2018011659.403.07$356
Jul 2018011165.142.93$325
Jun 201806660.183.08$203
May 201806365.382.90$183
Apr 201808763.842.90$252
Mar 201808261.222.79$229
Feb 20180461.782.77$11
Jan 201802262.874.01$88
Dec 2017062757.272.92$1,832
Nov 201701,21655.423.12$3,792
Oct 201701,32349.292.98$3,947
Sep 201701,26447.523.09$3,902
Aug 20171091,35645.373.00$9,019
Jul 201701,25643.873.09$3,878
Jun 201701,13142.493.09$3,492
May 201701,39045.373.26$4,536
Apr 201701,54047.933.21$4,946
Mar 201701,30246.772.98$3,885
Feb 201701,49250.452.95$4,405
Jan 201701,61149.413.42$5,508
Dec 20161691,63948.763.72$14,342
Nov 201601,57142.492.64$4,154
Oct 201601,28446.193.09$3,968
Sep 201610999541.553.10$7,614
Aug 201601,53741.442.92$4,495
Jul 201601,79441.622.92$5,246
Jun 201601,96345.352.69$5,272
May 201601,90042.521.99$3,783
Apr 201601,63836.561.99$3,261
Mar 2016093233.011.79$1,672
Feb 201601,08326.472.06$2,235
Jan 201601,30027.352.36$3,074
Dec 201501,78332.362.00$3,569
Nov 201501,63438.792.17$3,541
Oct 201502,32743.552.43$5,647
Sep 201502,09242.992.76$5,771
Aug 201502,50840.162.87$7,204
Jul 20151232,29348.152.95$12,676
Jun 201502,19256.152.88$6,319
May 201502,64755.212.96$7,823
Apr 20151282,49849.822.71$13,138
Mar 201502,37042.892.93$6,955
Feb 201501,78344.662.98$5,307
Jan 201502,05743.433.10$6,378
Dec 20141061,44454.693.59$10,983
Nov 201401,99470.464.25$8,478
Oct 201403,08878.303.90$12,046
Sep 201402,39986.164.05$9,705
Aug 20141172,43389.394.04$20,276
Jul 201402,41796.564.18$10,102
Jun 201402,57998.164.74$12,216
May 201402,34094.734.73$11,060
Apr 201402,90495.944.81$13,966
Mar 20141273,14995.895.06$28,102
Feb 201402,61197.406.19$16,167
Jan 201402,83390.404.86$13,770
Dec 201303,02691.824.35$13,177
Nov 20131142,71288.853.74$20,267
Oct 201303,53297.423.78$13,349
Sep 201301,568104.113.72$5,829
Aug 201303,622104.253.52$12,759
Jul 20131003,197102.523.72$22,138
Jun 201302,99094.403.93$11,761
May 20131202,55294.834.15$21,968
Apr 201303,01393.964.28$12,903
Mar 20131163,86993.623.91$25,999
Feb 201303,58491.233.42$12,257
Jan 2013963,98691.603.42$22,425
Dec 201204,23186.773.42$14,471
Nov 201204,67186.953.62$16,932
Oct 2012964,68689.383.40$24,511
Sep 201205,09794.672.92$14,875
Aug 2012955,46692.662.91$24,699
Jul 201203,80985.133.02$11,506
Jun 2012975,52779.822.52$21,665
May 201205,95891.612.49$14,825
Apr 20121895,851101.652.00$30,895
Mar 201205,306105.052.22$11,790
Feb 20121444,566101.102.57$26,294
Jan 20121145,63998.092.73$26,600
Dec 20111136,36396.873.24$31,561
Nov 20111126,20895.723.31$31,277
Oct 20112138,00184.983.65$47,293
Sep 201107,66083.623.99$30,531
Aug 20111087,56383.404.15$40,389
Jul 201112110,21694.144.52$57,539
Jun 201124410,48992.904.64$71,335
May 201112212,86398.134.40$68,631
Apr 201134819,608105.964.33$121,841
Mar 201112513,55596.364.06$67,042
Feb 201121710,81585.644.18$63,790
Jan 201131410,97786.504.59$77,532
Dec 201032312,63385.734.35$82,616
Nov 201020413,40380.843.80$67,360
Oct 201048316,50678.103.51$95,640
Sep 201035517,89272.633.98$96,984
Aug 201047621,83073.684.42$131,546
Jul 201062525,53972.554.74$166,309
Jun 201039017,82470.364.91$114,963
May 20101,33139,95071.124.24$263,858
Apr 201077271,91581.694.12$359,548

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             0 bbl  × $ 80.52 =         $0
Gas                   25 Mcf  × $  2.67 =        $67

────────────────────────────────────────────────────
Month total                                      $67

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/256940 is the state's own key, not one this site invented.