PETERS STATE "B"

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 12836District 04Field 89903586OilCasinghead gasSaveExport
Value, all time
$258 k
Nov 1998 – Aug 2008
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
118
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
OilDisposition8,655 bbl$237,563
Casinghead gasProduction3,977 Mcf$20,486
Total$258,049

Wells on this lease (2)

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 27.7214, -98.7508. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.72144, -98.75079 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
5,790 ft
2 wells filed one
Completion to plug
7.0 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 5,680 and 5,900 ft, median 5,790 ft, over the 2 wells that filed a depth.

Completions filed
Nov 1998 – May 2002
2 of 2 wells
Plug dates filed
Aug 2007
2 of 2 wells

Last completion to plug: a median of 7.0 years across the 2 wells that filed both dates, with the middle half between 6.2 years and 7.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-131383322R5,680 ftMay 2002Aug 2007Yes
42-1313830225,900 ftNov 1998Aug 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 (118)

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

118 months

Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 2008220131.3313.03$2,889
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 2004142045.286.33$6,430
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 200409636.106.43$618
May 20040037.486.49$0
Apr 2004022534.475.86$1,318
Mar 20041742834.365.53$6,133
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 200308430.266.30$529
Nov 200317027028.804.60$6,137
Oct 200318310728.174.76$5,664
Sep 20031818626.314.75$5,171
Aug 2003180029.765.13$5,357
Jul 200334535129.415.17$11,961
Jun 200335484628.565.98$15,172
May 200336561826.595.97$13,396
Apr 20033669026.675.41$10,248
Mar 200335122931.146.10$12,326
Feb 2003350033.487.93$11,718
Jan 2003369030.315.58$11,184
Dec 2002374026.914.85$10,064
Nov 2002537024.664.14$13,242
Oct 200269645326.464.23$20,332
Sep 2002537027.443.64$14,735
Aug 2002724025.963.16$18,795
Jul 2002692024.583.06$17,009
Jun 2002742023.733.34$17,608
May 200264124924.663.58$16,699
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 1999160017.892.37$2,862
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 1999016512.471.84$303
Feb 19990809.981.82$145
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0

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                   22 bbl  × $131.33 =     $2,889
Casinghead gas         0 Mcf  × $ 13.03 =         $0

────────────────────────────────────────────────────
Month total                                   $2,889

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/12836 is the state's own key, not one this site invented.