PETERS-STATE "A"

Operated by KILLAM OIL CO., LTD. (P-5 460054) in the TIGER (QUEEN CITY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12427District 04Field 89903586OilCasinghead gasSaveExport
Value, all time
$1.8 M
Nov 1994 – Aug 2008
Value, last 12 filed months
$18 k
at the published price for each month
Months reported
166
no gaps in the span
Streams
2
oil, casinghead 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 10 leases and 18 wells, and the rule below applies to all of them.

Discovered
1994-11-28
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 04/01/2000.

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
OilDisposition58,606 bbl$1,307,157
Casinghead gasProduction313,760 Mcf$496,638
Total$1,803,795

146,694 Mcf of this lease's gas, across 24 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 27.7203, -98.7532. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.72026, -98.75316 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
5,668 ft
1 wells filed one
Completion to plug
12.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 5,668 ft.

Completions filed
Oct 1994
1 of 1 wells
Plug dates filed
Aug 2007
1 of 1 wells

Last completion to plug: a median of 12.8 years across the 1 well that filed both dates, with the middle half between 12.8 years and 12.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1313796815,668 ftOct 1994Aug 2007Yes

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 (166)

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

166 months

Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 20081390131.3313.03$18,255
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20041704934.365.53$6,112
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 2003181028.804.60$5,213
Oct 2003172028.174.76$4,845
Sep 20031638026.314.75$4,668
Aug 20033504629.765.13$10,652
Jul 200317627929.415.17$6,619
Jun 200318129628.565.98$6,940
May 2003348026.595.97$9,253
Apr 20030026.675.41$0
Mar 200303031.146.10$183
Feb 2003011233.487.93$888
Jan 2003178030.315.58$5,395
Dec 20021777926.914.85$5,147
Nov 2002172024.664.14$4,242
Oct 2002361926.464.23$9,590
Sep 2002173027.443.64$4,747
Aug 2002519025.963.16$13,473
Jul 2002700024.583.06$17,206
Jun 2002339023.733.34$8,044
May 2002331024.663.58$8,162
Apr 2002526023.653.51$12,440
Mar 2002525022.003.10$11,550
Feb 20025295918.222.38$9,779
Jan 2002552017.172.38$9,478
Dec 20018675016.932.36$14,797
Nov 2001702018.072.41$12,685
Oct 200186890619.782.53$19,460
Sep 20011,0132,17524.262.25$29,472
Aug 20011,2283,27124.873.05$40,527
Jul 20011,0623,79223.933.20$37,537
Jun 20011,3552,65424.563.82$43,428
May 20011,4014,80625.524.31$56,455
Apr 20011,7135,31424.685.34$70,629
Mar 20012,1304,57824.545.38$76,884
Feb 20011,5913,41027.755.77$63,816
Jan 20011,7912,45827.478.40$69,843
Dec 20001,6121,92326.889.12$60,873
Nov 20001,7711,47432.215.66$65,384
Oct 20001,77326631.235.15$56,739
Sep 20001,40733631.875.19$46,584
Aug 20001,422029.644.54$42,148
Jul 2000885028.534.09$25,249
Jun 2000180029.304.40$5,274
May 2000170027.263.68$4,634
Apr 2000180024.513.12$4,412
Mar 2000362028.422.86$10,288
Feb 2000174027.622.73$4,806
Jan 2000362025.272.48$9,148
Dec 1999050624.282.42$1,226
Nov 19993651,64123.192.43$12,459
Oct 19993602,82620.982.80$15,476
Sep 19993592,77121.752.62$15,065
Aug 19995343,17419.262.88$19,412
Jul 19993702,72017.892.37$13,072
Jun 19993582,33415.942.36$11,220
May 19995311,81915.792.32$12,606
Apr 19993552,33515.102.21$10,516
Mar 19993432,78712.471.84$9,401
Feb 19995312,5299.981.82$9,897
Jan 19993673,14710.381.90$9,789
Dec 19985292,7169.201.77$9,683
Nov 19985513,93510.892.19$14,601
Oct 19983734,24212.421.97$12,986
Sep 19987093,18912.592.08$15,568
Aug 19985383,17511.301.91$12,135
Jul 19987232,23811.742.24$13,495
Jun 199817425611.242.24$2,529
May 19981822112.622.21$2,343
Apr 19980013.042.51$0
Mar 1998186012.802.31$2,381
Feb 19980013.952.30$0
Jan 19983772,67414.702.15$11,304
Dec 19975846,65316.322.41$25,572
Nov 19975524,07218.193.09$22,616
Oct 19977417,68019.253.15$38,455
Sep 19977125,81217.742.95$29,805
Aug 19971783,52517.862.55$12,185
Jul 19977087,05217.582.25$28,292
Jun 19975606,13817.242.26$23,509
May 19975297,21118.972.31$26,682
Apr 19978648,24417.882.08$32,619
Mar 19975487,87418.951.94$25,653
Feb 19973626,72620.492.21$22,254
Jan 19973916,59223.483.54$32,514
Dec 199671210,52323.32$16,604
Nov 19963198,44321.97$7,008
Oct 19965267,95023.31$12,261
Sep 199605,72122.22$0
Aug 19963568,16520.26$7,213
Jul 19961964,11319.55$3,832
Jun 19963195,62618.73$5,975
May 19963098,94519.43$6,004
Apr 19963477,26821.51$7,464
Mar 19965529,65019.38$10,698
Feb 19963648,76416.98$6,181
Jan 19965456,95017.07$9,303
Dec 19953656,50417.19$6,274
Nov 19951742,80016.00$2,784
Oct 19951824,76615.43$2,808
Sep 19953495,91816.18$5,647
Aug 19953597,90615.92$5,715
Jul 19955397,98515.24$8,214
Jun 19953584,82416.41$5,875
May 19953562,64617.56$6,251
Apr 19955383,48517.73$9,539
Mar 19951833,51016.44$3,009
Feb 19953702,99216.58$6,135
Jan 19955491,24015.92$8,740
Dec 1994359015.03$5,396
Nov 1994855015.90$13,595

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.

Jun 2008 — as filed, then multipliedworked
Oil                  139 bbl  × $131.33 =    $18,255
Casinghead gas         0 Mcf  × $ 13.03 =         $0

────────────────────────────────────────────────────
Month total                                  $18,255

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/O/12427 is the state's own key, not one this site invented.