SHIVERS-PEEPLES UNIT

Operated by TGNR PANOLA LLC (P-5 102948) in the CARTHAGE (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 156294District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.5 M
Aug 1995 – May 2026
Value, last 12 filed months
$21 k
at the published price for each month
Months reported
370
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 4,104 leases and 4,104 wells, and the rule below applies to all of them.

Discovered
1968-05-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2011-02-08.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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 Gas111995-12-27133757
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
CondensateDisposition14,677 bbl$351,823
GasProduction2,537,629 Mcf$7,174,309
Total$7,526,132

725,971 Mcf of this lease's gas, across 17 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 32.2121, -94.4261. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.21213, -94.42607 · 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
9,772 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 9,772 ft.

Completions filed
Aug 1995
1 of 1 wells

1 well

42-3653306789,772 ftAug 1995

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 (370)

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

370 months

May 20260474106.413.05$1,444
Apr 2026055998.932.87$1,604
Mar 2026044989.753.15$1,414
Feb 2026043563.503.75$1,631
Jan 2026048459.138.00$3,871
Dec 2025046956.664.41$2,070
Nov 2025049358.593.93$1,936
Oct 2025051559.383.30$1,702
Sep 2025049362.743.08$1,517
Aug 2025019863.933.01$597
Jul 2025046366.743.32$1,535
Jun 2025045766.483.13$1,430
May 2025047960.553.23$1,548
Apr 2025046062.363.54$1,630
Mar 2025050067.704.27$2,134
Feb 2025041970.884.34$1,819
Jan 2025044674.324.28$1,908
Dec 2024040468.993.12$1,261
Nov 2024039769.052.20$873
Oct 2024049771.372.28$1,134
Sep 2024048569.612.36$1,147
Aug 2024049875.632.06$1,028
Jul 2024049679.932.15$1,065
Jun 2024048678.082.63$1,280
May 2024058078.812.20$1,275
Apr 2024073684.451.66$1,221
Mar 2024074180.301.55$1,145
Feb 2024069076.091.78$1,231
Jan 2024091373.023.30$3,011
Dec 202301,21671.262.61$3,175
Nov 202301,23477.892.81$3,465
Oct 202301,21985.443.09$3,763
Sep 2023061489.042.74$1,679
Aug 2023090180.522.67$2,408
Jul 2023090974.852.64$2,401
Jun 2023078968.962.26$1,782
May 202301,34370.622.23$2,991
Apr 202301,35878.122.24$3,039
Mar 202301,06172.852.39$2,539
Feb 202301,18875.112.47$2,929
Jan 202301,46976.533.39$4,977
Dec 202201,21876.415.73$6,978
Nov 202201,23485.005.65$6,967
Oct 202201,34387.185.86$7,875
Sep 202201,52484.888.16$12,441
Aug 202201,53294.529.13$13,983
Jul 202201,592101.587.54$12,007
Jun 202201,520115.097.98$12,125
May 202201,764109.378.43$14,876
Apr 202201,110104.226.84$7,590
Mar 202201,277108.885.08$6,483
Feb 202201,17891.054.86$5,724
Jan 202201,26081.844.54$5,717
Dec 202101,72171.323.90$6,710
Nov 2021055377.435.24$2,896
Oct 2021060679.795.71$3,463
Sep 2021056669.865.35$3,029
Aug 2021063966.024.22$2,697
Jul 202101,05870.783.98$4,213
Jun 2021058769.493.38$1,984
May 202101,03963.483.02$3,135
Apr 2021059160.362.76$1,630
Mar 2021062661.302.72$1,701
Feb 2021053457.805.55$2,963
Jan 2021064650.412.81$1,815
Dec 2020065944.642.68$1,763
Nov 2020086338.772.71$2,336
Oct 2020057236.972.48$1,418
Sep 2020069937.091.99$1,392
Aug 202001,07039.982.39$2,552
Jul 2020088938.371.83$1,623
Jun 2020097734.901.69$1,651
May 2020072816.921.81$1,321
Apr 2020064714.751.80$1,167
Mar 202001,01530.341.86$1,884
Feb 202001,57249.881.98$3,114
Jan 2020043757.252.09$915
Dec 2019044159.012.30$1,016
Nov 201901,12755.302.75$3,100
Oct 201901,19953.472.42$2,900
Sep 201901,22755.052.66$3,260
Aug 201901,25353.112.30$2,887
Jul 201901,19556.272.46$2,940
Jun 201901,19752.782.49$2,982
May 201901,01158.482.74$2,770
Apr 201901,38162.632.75$3,799
Mar 201901,00556.803.06$3,077
Feb 201901,06650.852.79$2,977
Jan 2019063846.033.23$2,060
Dec 2018027746.594.19$1,159
Nov 2018088452.934.24$3,746
Oct 2018099961.443.40$3,395
Sep 201801,18359.543.11$3,677
Aug 201801,25359.403.07$3,842
Jul 201801,44165.142.93$4,225
Jun 201801,18460.183.08$3,643
May 201801,27265.382.90$3,690
Apr 201801,19563.842.90$3,466
Mar 201801,48161.222.79$4,127
Feb 201801,26261.782.77$3,491
Jan 201801,65762.874.01$6,643
Dec 201701,71057.272.92$4,996
Nov 201701,86555.423.12$5,816
Oct 201702,10249.292.98$6,272
Sep 201701,94547.523.09$6,005
Aug 201701,75145.373.00$5,261
Jul 201701,84443.873.09$5,693
Jun 201701,82642.493.09$5,637
May 201701,88345.373.26$6,145
Apr 201702,09447.933.21$6,725
Mar 201702,25046.772.98$6,713
Feb 201701,62150.452.95$4,786
Jan 201701,59749.413.42$5,460
Dec 201601,76748.763.72$6,578
Nov 201604,03442.492.64$10,667
Oct 201601,22846.193.09$3,795
Sep 201601,03741.553.10$3,215
Aug 2016057441.442.92$1,679
Jul 201601,60141.622.92$4,682
Jun 201601,49845.352.69$4,023
May 201601,31642.521.99$2,620
Apr 201601,18336.561.99$2,355
Mar 201601,90633.011.79$3,419
Feb 201601,78726.472.06$3,688
Jan 201601,89827.352.36$4,488
Dec 201501,92432.362.00$3,851
Nov 201501,97838.792.17$4,287
Oct 201501,83943.552.43$4,462
Sep 201501,61442.992.76$4,452
Aug 201501,58540.162.87$4,553
Jul 201501,02048.152.95$3,004
Jun 201501,07156.152.88$3,088
May 201501,61755.212.96$4,779
Apr 201501,65349.822.71$4,474
Mar 201501,66442.892.93$4,883
Feb 201501,64844.662.98$4,905
Jan 201502,02143.433.10$6,266
Dec 201402,29354.693.59$8,235
Nov 201401,72470.464.25$7,330
Oct 201401,53778.303.90$5,996
Sep 201401,20186.164.05$4,859
Aug 201401,22189.394.04$4,927
Jul 201401,20596.564.18$5,036
Jun 201401,49298.164.74$7,067
May 201401,15794.734.73$5,469
Apr 201401,49695.944.81$7,194
Mar 201401,71895.895.06$8,688
Feb 201401,34997.406.19$8,353
Jan 201401,77890.404.86$8,642
Dec 201301,51091.824.35$6,575
Nov 201301,42288.853.74$5,316
Oct 201301,85197.423.78$6,996
Sep 201301,378104.113.72$5,123
Aug 201301,606104.253.52$5,657
Jul 201301,763102.523.72$6,554
Jun 201301,26194.403.93$4,960
May 2013101,56894.834.15$7,454
Apr 201302,03293.964.28$8,702
Mar 201301,78093.623.91$6,965
Feb 201301,79491.233.42$6,135
Jan 201302,34691.603.42$8,023
Dec 201202,64786.773.42$9,053
Nov 201202,00486.953.62$7,264
Oct 201202,71689.383.40$9,234
Sep 201202,53494.672.92$7,395
Aug 201202,54992.662.91$7,413
Jul 201202,37385.133.02$7,168
Jun 201202,15879.822.52$5,436
May 201202,66791.612.49$6,636
Apr 201202,551101.652.00$5,094
Mar 201202,824105.052.22$6,275
Feb 201202,707101.102.57$6,958
Jan 201202,95898.092.73$8,087
Dec 201103,06496.873.24$9,927
Nov 201103,15795.723.31$10,454
Oct 201103,32384.983.65$12,124
Sep 201103,22283.623.99$12,842
Aug 201102,97083.404.15$12,323
Jul 201103,22194.144.52$14,550
Jun 201103,16792.904.64$14,695
May 201102,83898.134.40$12,501
Apr 201103,033105.964.33$13,143
Mar 201103,36796.364.06$13,661
Feb 201103,21285.644.18$13,426
Jan 201102,75886.504.59$12,656
Dec 201002,87385.734.35$12,491
Nov 201003,05680.843.80$11,599
Oct 201003,43978.103.51$12,067
Sep 201003,04972.633.98$12,133
Aug 201002,86773.684.42$12,670
Jul 201002,91472.554.74$13,802
Jun 201003,13770.364.91$15,404
May 201003,47671.124.24$14,722
Apr 201003,35481.694.12$13,828
Mar 201003,15078.394.39$13,824
Feb 201002,98373.585.44$16,235
Jan 201003,48574.365.96$20,785
Dec 200903,66671.445.48$20,103
Nov 200903,77674.593.75$14,166
Oct 200904,31872.544.11$17,748
Sep 200903,81665.543.06$11,695
Aug 200903,66967.423.22$11,809
Jul 200903,93561.133.46$13,633
Jun 200903,89766.163.90$15,179
May 200904,33454.743.93$17,014
Apr 200903,70146.773.59$13,277
Mar 200904,49342.144.06$18,237
Feb 200904,03232.814.63$18,680
Jan 200904,65235.865.37$24,986
Dec 200804,46337.105.98$26,676
Nov 200804,39855.496.86$30,172
Oct 200804,57875.246.92$31,689
Sep 200804,463101.767.88$35,155
Aug 200805,210114.228.48$44,197
Jul 200804,282131.0811.39$48,770
Jun 200804,102131.3313.03$53,460
May 2008154,485123.1711.57$53,758
Apr 200804,657110.3110.45$48,688
Mar 200804,989101.909.66$48,214
Feb 2008154,83692.538.77$43,802
Jan 200804,95690.388.21$40,668
Dec 2007105,06688.337.30$37,875
Nov 200794,73691.677.29$35,359
Oct 2007104,50282.856.92$31,991
Sep 200794,68175.846.24$29,911
Aug 200794,29569.066.39$28,058
Jul 200704,00670.906.39$25,590
Jun 2007104,40862.007.55$33,894
May 200795,42058.747.85$43,056
Apr 200785,77959.617.81$45,583
Mar 2007185,05556.927.30$37,936
Feb 2007181,67955.108.22$14,786
Jan 2007944850.306.73$3,466
Dec 2006132,01056.656.92$14,643
Nov 200602,21954.207.62$16,903
Oct 200614,59554.906.01$27,688
Sep 200604,51960.085.04$22,763
Aug 200604,32768.717.34$31,760
Jul 200604,53469.376.34$28,758
Jun 2006544,64866.286.38$33,251
May 2006854,75466.016.42$36,155
Apr 20061793,98164.397.36$40,828
Mar 20061763,89456.707.08$37,560
Feb 20061763,23657.597.75$35,218
Jan 20061774,11960.598.93$47,521
Dec 2005785,36554.9413.42$76,259
Nov 2005102,51354.6910.59$27,156
Oct 2005203,72758.3413.80$52,584
Sep 2005184,40461.4512.08$54,302
Aug 2005104,10161.519.80$40,792
Jul 2005134,37955.697.84$35,071
Jun 2005174,98652.337.38$37,691
May 2005135,43645.226.65$36,744
Apr 2005275,23049.207.36$39,824
Mar 2005315,21450.377.15$38,867
Feb 2005205,00745.226.31$32,508
Jan 2005275,81443.166.32$37,923
Dec 2004285,34539.866.75$37,201
Nov 2004275,63745.286.33$36,907
Oct 2004266,71849.706.52$45,061
Sep 2004205,09143.245.28$27,765
Aug 2004266,06542.375.55$34,766
Jul 2004265,88238.286.08$36,782
Jun 2004206,08936.106.43$39,893
May 2004316,40837.486.49$42,779
Apr 2004236,30734.475.86$37,742
Mar 2004366,52634.365.53$37,327
Feb 2004576,27632.455.51$36,428
Jan 2004587,83332.036.30$51,203
Dec 2003307,85430.266.30$50,401
Nov 2003298,90328.804.60$41,746
Oct 20033012,90428.174.76$62,263
Sep 20032912,02026.314.75$57,850
Aug 2003318,65329.765.13$45,310
Jul 2003298,02029.415.17$42,323
Jun 2003368,76328.565.98$53,457
May 2003378,12026.595.97$49,482
Apr 2003336,91126.675.41$38,250
Mar 2003377,43131.146.10$46,452
Feb 2003277,15533.487.93$57,614
Jan 2003326,81330.315.58$39,000
Dec 2002278,67926.914.85$42,852
Nov 2002258,01624.664.14$33,778
Oct 2002339,41726.464.23$40,699
Sep 2002239,43627.443.64$34,933
Aug 2002139,72225.963.16$31,099
Jul 2002319,04224.583.06$28,446
Jun 2002219,81423.733.34$33,260
May 2002219,89924.663.58$35,996
Apr 2002349,79323.653.51$35,200
Mar 2002358,65622.003.10$27,627
Feb 2002349,25518.222.38$22,606
Jan 20024210,22417.172.38$25,010
Dec 20014510,02816.932.36$24,472
Nov 2001419,14718.072.41$22,744
Oct 2001478,26919.782.53$21,841
Sep 20014810,26324.262.25$24,270
Aug 20014211,97324.873.05$37,600
Jul 20014713,34023.933.20$43,774
Jun 20016910,56324.563.82$42,089
May 20017211,45425.524.31$51,173
Apr 2001699,30524.685.34$51,348
Mar 20017710,37124.545.38$57,649
Feb 2001798,47327.755.77$51,057
Jan 200110712,55127.478.40$108,352
Dec 200010411,06426.889.12$103,727
Nov 200012513,39332.215.66$79,804
Oct 20007815,28731.235.15$81,095
Sep 200010516,50231.875.19$88,934
Aug 20009910,12329.644.54$48,900
Jul 200010110,30328.534.09$45,018
Jun 2000989,63329.304.40$45,230
May 200016010,22627.263.68$41,991
Apr 200016311,20824.513.12$38,919
Mar 200017313,67028.422.86$44,009
Feb 200015212,98327.622.73$39,596
Jan 200018615,42925.272.48$42,972
Dec 199918015,87524.282.42$42,847
Nov 199913615,66923.192.43$41,292
Oct 199915016,81620.982.80$50,294
Sep 199918116,88921.752.62$48,167
Aug 199914417,70819.262.88$53,695
Jul 199915016,26917.892.37$41,280
Jun 19997714,49715.942.36$35,471
May 19997713,26215.792.32$31,997
Apr 199910113,70115.102.21$31,778
Mar 199910414,06612.471.84$27,155
Feb 199913014,9919.981.82$28,548
Jan 199910814,41610.381.90$28,511
Dec 199812414,6799.201.77$27,171
Nov 19987915,53210.892.19$34,809
Oct 199810816,76012.421.97$34,345
Sep 199810518,45712.592.08$39,761
Aug 199810516,87311.301.91$33,369
Jul 199810417,66511.742.24$40,742
Jun 199810117,29711.242.24$39,833
May 19989220,16712.622.21$45,656
Apr 199810919,29913.042.51$49,772
Mar 19989719,91312.802.31$47,229
Feb 199810018,25413.952.30$43,363
Jan 199811021,04414.702.15$46,962
Dec 19978821,90416.322.41$54,249
Nov 19979121,24218.193.09$67,256
Oct 199711122,74819.253.15$73,789
Sep 19977422,52917.742.95$67,883
Aug 19979523,50317.862.55$61,741
Jul 19977423,96417.582.25$55,147
Jun 19978924,46517.242.26$56,757
May 199711725,81418.972.31$61,811
Apr 199713525,53617.882.08$55,600
Mar 199714827,25318.951.94$55,652
Feb 199712125,36720.492.21$58,436
Jan 199717128,27723.483.54$104,107
Dec 199618729,75723.32$4,361
Nov 199617529,57121.97$3,845
Oct 199617531,86723.31$4,079
Sep 199617131,76122.22$3,800
Aug 199617833,95620.26$3,606
Jul 199627835,58519.55$5,435
Jun 199644236,23218.73$8,279
May 199645139,22119.43$8,763
Apr 199653340,20621.51$11,465
Mar 199649543,23219.38$9,593
Feb 199660843,51316.98$10,324
Jan 199658350,70817.07$9,952
Dec 199554655,13317.19$9,386
Nov 199546161,12516.00$7,376
Oct 199531073,27315.43$4,783
Sep 199529483,30016.18$4,757
Aug 1995167,53115.92$255

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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                  474 Mcf  × $  3.05 =     $1,444

────────────────────────────────────────────────────
Month total                                   $1,444

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. 06/G/156294 is the state's own key, not one this site invented.