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 159292District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.6 M
May 1996 – May 2026
Value, last 12 filed months
$27 k
at the published price for each month
Months reported
361
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 Gas111996-08-14135066
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
CondensateDisposition11,968 bbl$255,762
GasProduction2,231,179 Mcf$7,336,301
Total$7,592,063

335,505 Mcf of this lease's gas, across 8 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 32.2105, -94.4155. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.21052, -94.41550 · 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
9,735 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 9,735 ft.

Completions filed
May 1996
1 of 1 wells

1 well

42-3653332299,735 ftMay 1996

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 (361)

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

361 months

May 20260475106.413.05$1,447
Apr 2026051198.932.87$1,466
Mar 2026054889.753.15$1,726
Feb 2026053563.503.75$2,006
Jan 2026063559.138.00$5,079
Dec 2025060556.664.41$2,670
Nov 2025062858.593.93$2,466
Oct 2025062659.383.30$2,069
Sep 2025059362.743.08$1,825
Aug 2025062963.933.01$1,896
Jul 2025070766.743.32$2,344
Jun 2025069166.483.13$2,162
May 2025077260.553.23$2,495
Apr 2025073562.363.54$2,604
Mar 2025078267.704.27$3,338
Feb 2025071970.884.34$3,121
Jan 2025087074.324.28$3,722
Dec 2024080468.993.12$2,510
Nov 2024064769.052.20$1,422
Oct 2024070171.372.28$1,599
Sep 2024063569.612.36$1,501
Aug 2024059775.632.06$1,232
Jul 2024060779.932.15$1,303
Jun 2024050378.082.63$1,325
May 2024058278.812.20$1,279
Apr 2024070984.451.66$1,176
Mar 2024075580.301.55$1,167
Feb 2024071376.091.78$1,272
Jan 2024080673.023.30$2,658
Dec 2023079771.262.61$2,081
Nov 2023071477.892.81$2,005
Oct 2023072785.443.09$2,244
Sep 2023064989.042.74$1,775
Aug 2023067880.522.67$1,812
Jul 2023080774.852.64$2,132
Jun 2023050368.962.26$1,136
May 2023093170.622.23$2,074
Apr 2023091378.122.24$2,043
Mar 2023093472.852.39$2,235
Feb 2023085175.112.47$2,098
Jan 202301,05776.533.39$3,581
Dec 2022095776.415.73$5,483
Nov 2022096385.005.65$5,437
Oct 2022098387.185.86$5,764
Sep 2022097684.888.16$7,968
Aug 2022098694.529.13$8,999
Jul 20220960101.587.54$7,240
Jun 20220937115.097.98$7,475
May 20220946109.378.43$7,978
Apr 20220963104.226.84$6,585
Mar 202201,258108.885.08$6,386
Feb 2022070891.054.86$3,440
Jan 2022099381.844.54$4,506
Dec 202101,00671.323.90$3,923
Nov 2021097777.435.24$5,116
Oct 202101,04479.795.71$5,965
Sep 202101,01669.865.35$5,437
Aug 202101,02466.024.22$4,322
Jul 202101,05370.783.98$4,193
Jun 202101,00169.493.38$3,384
May 202101,05263.483.02$3,175
Apr 202101,01360.362.76$2,794
Mar 202101,17561.302.72$3,192
Feb 2021085557.805.55$4,744
Jan 202101,10150.412.81$3,094
Dec 202001,14244.642.68$3,055
Nov 202001,10538.772.71$2,991
Oct 202001,17136.972.48$2,902
Sep 202001,17537.091.99$2,339
Aug 202001,29439.982.39$3,086
Jul 202001,33038.371.83$2,427
Jun 202001,73534.901.69$2,933
May 202002,26216.921.81$4,105
Apr 20200014.751.80$0
Mar 202001,01130.341.86$1,877
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 201902259.012.30$51
Nov 201905455.302.75$149
Oct 201901,45853.472.42$3,526
Sep 201901,29255.052.66$3,433
Aug 201901,27453.112.30$2,936
Jul 201901,52456.272.46$3,749
Jun 201901,77652.782.49$4,424
May 201902,02358.482.74$5,544
Apr 201902,10062.632.75$5,776
Mar 201902,11456.803.06$6,473
Feb 201901,45150.852.79$4,052
Jan 201902,15846.033.23$6,966
Dec 201802,39046.594.19$10,003
Nov 201802,35652.934.24$9,983
Oct 201802,02061.443.40$6,864
Sep 201801,76559.543.11$5,486
Aug 201802,00959.403.07$6,161
Jul 201802,27165.142.93$6,658
Jun 201802,13960.183.08$6,582
May 201801,97465.382.90$5,726
Apr 201801,79563.842.90$5,207
Mar 201802,16561.222.79$6,034
Feb 201802,23061.782.77$6,168
Jan 201802,31262.874.01$9,270
Dec 201702,22557.272.92$6,500
Nov 201701,71755.423.12$5,354
Oct 201701,99749.292.98$5,958
Sep 201702,26047.523.09$6,977
Aug 201701,92245.373.00$5,774
Jul 201702,27243.873.09$7,014
Jun 201701,90342.493.09$5,875
May 201702,14345.373.26$6,993
Apr 201702,26647.933.21$7,277
Mar 201702,51446.772.98$7,501
Feb 201702,27550.452.95$6,717
Jan 201702,38449.413.42$8,150
Dec 201602,43048.763.72$9,046
Nov 201602,24142.492.64$5,926
Oct 201602,87546.193.09$8,885
Sep 201601,51741.553.10$4,704
Aug 201602,32041.442.92$6,784
Jul 201602,51241.622.92$7,346
Jun 201602,46145.352.69$6,610
May 201602,25242.521.99$4,484
Apr 201602,22836.561.99$4,436
Mar 201602,58633.011.79$4,639
Feb 201602,12126.472.06$4,377
Jan 201602,64427.352.36$6,251
Dec 201502,83932.362.00$5,682
Nov 201502,58238.792.17$5,596
Oct 201502,77343.552.43$6,729
Sep 201502,55742.992.76$7,053
Aug 201502,50240.162.87$7,187
Jul 201502,68348.152.95$7,902
Jun 201502,57156.152.88$7,412
May 201502,21955.212.96$6,558
Apr 201502,51149.822.71$6,796
Mar 201502,72842.892.93$8,006
Feb 201502,38644.662.98$7,101
Jan 201502,55943.433.10$7,935
Dec 201402,69854.693.59$9,689
Nov 201402,76570.464.25$11,756
Oct 201402,67178.303.90$10,419
Sep 201402,64686.164.05$10,704
Aug 201402,76989.394.04$11,173
Jul 201402,75896.564.18$11,527
Jun 201402,40698.164.74$11,397
May 201402,93294.734.73$13,858
Apr 201402,77595.944.81$13,345
Mar 201402,66295.895.06$13,461
Feb 201402,33897.406.19$14,477
Jan 201403,08590.404.86$14,995
Dec 201303,02591.824.35$13,172
Nov 201302,95688.853.74$11,050
Oct 201303,25097.423.78$12,283
Sep 201303,172104.113.72$11,793
Aug 201302,860104.253.52$10,075
Jul 201302,418102.523.72$8,990
Jun 201302,53594.403.93$9,971
May 201382,92294.834.15$12,882
Apr 201303,17793.964.28$13,606
Mar 201303,14493.623.91$12,302
Feb 201302,98291.233.42$10,198
Jan 201303,40591.603.42$11,645
Dec 201203,59586.773.42$12,295
Nov 201204,11686.953.62$14,920
Oct 201203,46489.383.40$11,776
Sep 201201994.672.92$55
Aug 201202892.662.91$81
Jul 201201785.133.02$51
Jun 201202,86279.822.52$7,209
May 201203,30091.612.49$8,211
Apr 201202,648101.652.00$5,288
Mar 201203,187105.052.22$7,082
Feb 201203,043101.102.57$7,821
Jan 201202,99098.092.73$8,175
Dec 201103,18096.873.24$10,302
Nov 201102,99195.723.31$9,904
Oct 201103,17884.983.65$11,595
Sep 201103,15483.623.99$12,571
Aug 201102,87383.404.15$11,921
Jul 201102,56494.144.52$11,582
Jun 201102,91792.904.64$13,535
May 201102,95898.134.40$13,029
Apr 201102,905105.964.33$12,588
Mar 201103,02996.364.06$12,290
Feb 201102,70885.644.18$11,319
Jan 201103,18486.504.59$14,611
Dec 201003,17185.734.35$13,787
Nov 201003,23880.843.80$12,289
Oct 201003,46878.103.51$12,169
Sep 201003,37472.633.98$13,427
Aug 201003,66373.684.42$16,188
Jul 201002,56972.554.74$12,168
Jun 201001,02870.364.91$5,048
May 201002,73071.124.24$11,562
Apr 201002,76681.694.12$11,403
Mar 201003,14178.394.39$13,785
Feb 201002,69473.585.44$14,662
Jan 201003,32074.365.96$19,801
Dec 200903,32071.445.48$18,206
Nov 200903,04374.593.75$11,416
Oct 200903,52772.544.11$14,497
Sep 200903,34565.543.06$10,252
Aug 200903,96967.423.22$12,774
Jul 200903,89761.133.46$13,501
Jun 200903,82966.163.90$14,914
May 200903,98154.743.93$15,628
Apr 200903,95746.773.59$14,196
Mar 200903,81642.144.06$15,489
Feb 200903,44032.814.63$15,938
Jan 200903,47735.865.37$18,675
Dec 200803,25237.105.98$19,438
Nov 200803,74355.496.86$25,678
Oct 200803,87175.246.92$26,795
Sep 200803,715101.767.88$29,263
Aug 200804,106114.228.48$34,831
Jul 200804,078131.0811.39$46,446
Jun 200804,166131.3313.03$54,294
May 2008104,420123.1711.57$52,390
Apr 200804,722110.3110.45$49,368
Mar 200805,077101.909.66$49,064
Feb 200894,86292.538.77$43,475
Jan 200805,04590.388.21$41,398
Dec 200744,77888.337.30$35,242
Nov 200744,66791.677.29$34,397
Oct 200744,76482.856.92$33,308
Sep 200744,40675.846.24$27,815
Aug 200744,54369.066.39$29,297
Jul 200704,58670.906.39$29,295
Jun 200744,17262.007.55$31,740
May 200783,78558.747.85$30,168
Apr 2007104,24159.617.81$33,698
Mar 2007234,55256.927.30$34,548
Feb 2007234,45255.108.22$37,845
Jan 2007125,26950.306.73$36,047
Dec 2006235,37656.656.92$38,496
Nov 200604,62054.207.62$35,193
Oct 2006264,74454.906.01$29,957
Sep 2006134,85460.085.04$25,232
Aug 2006134,69768.717.34$35,369
Jul 2006145,62069.376.34$36,617
Jun 200695,82166.286.38$37,757
May 200665,68366.016.42$36,909
Apr 2006135,35264.397.36$40,230
Mar 2006125,42756.707.08$39,119
Feb 2006124,45457.597.75$35,215
Jan 2006134,24660.598.93$38,719
Dec 2005204,02454.9413.42$55,082
Nov 200584,07654.6910.59$43,596
Oct 2005103,92958.3413.80$54,787
Sep 200574,29261.4512.08$52,273
Aug 200544,89561.519.80$48,202
Jul 200554,65155.697.84$36,759
Jun 200564,17252.337.38$31,108
May 200554,30245.226.65$28,839
Apr 2005104,34749.207.36$32,488
Mar 2005123,96850.377.15$28,995
Feb 200573,71145.226.31$23,740
Jan 2005104,42243.166.32$28,388
Dec 2004104,88539.866.75$33,378
Nov 2004104,98645.286.33$32,016
Oct 2004105,58249.706.52$36,864
Sep 200474,93143.245.28$26,358
Aug 2004105,33942.375.55$30,059
Jul 2004105,22338.286.08$32,160
Jun 200475,52136.106.43$35,769
May 2004105,93837.486.49$38,940
Apr 200474,76034.475.86$28,128
Mar 2004116,57734.365.53$36,750
Feb 2004176,08632.455.51$34,083
Jan 2004257,52532.036.30$48,206
Dec 2003267,70530.266.30$49,341
Nov 2003254,59628.804.60$21,839
Oct 2003256,67228.174.76$32,461
Sep 2003266,46026.314.75$31,365
Aug 2003277,53029.765.13$39,430
Jul 2003257,26129.415.17$38,281
Jun 2003326,71128.565.98$41,066
May 2003326,89226.595.97$42,015
Apr 2003296,46926.675.41$35,753
Mar 2003286,59031.146.10$41,045
Feb 2003216,22833.487.93$50,065
Jan 2003316,35530.315.58$36,413
Dec 2002267,83226.914.85$38,714
Nov 2002247,02724.664.14$29,662
Oct 2002328,14826.464.23$35,306
Sep 2002228,01427.443.64$29,736
Aug 2002138,25125.963.16$26,445
Jul 2002308,53224.583.06$26,860
Jun 2002208,25023.733.34$28,015
May 2002208,65924.663.58$31,527
Apr 2002338,51423.653.51$30,684
Mar 2002337,97222.003.10$25,461
Feb 2002338,15718.222.38$19,980
Jan 2002408,30817.172.38$20,424
Dec 2001428,67116.932.36$21,213
Nov 2001399,56318.072.41$23,709
Oct 2001458,17019.782.53$21,551
Sep 20014510,52324.262.25$24,782
Aug 2001408,77924.873.05$27,798
Jul 2001459,73223.933.20$32,191
Jun 2001679,66624.563.82$38,610
May 20016110,34825.524.31$46,129
Apr 20014410,83624.685.34$58,899
Mar 20014911,10224.545.38$60,892
Feb 20015010,01027.755.77$59,116
Jan 20017310,43827.478.40$89,672
Dec 2000929,53226.889.12$89,429
Nov 20008711,09232.215.66$65,561
Oct 20005412,66531.235.15$66,854
Sep 20007213,01931.875.19$69,818
Aug 20006914,02229.644.54$65,716
Jul 20007113,30928.534.09$56,456
Jun 20006812,55829.304.40$57,213
May 200011114,89827.263.68$57,847
Apr 200011314,59624.513.12$48,251
Mar 200012014,90128.422.86$46,024
Feb 200010912,79827.622.73$37,904
Jan 200014715,75825.272.48$42,802
Dec 199914214,58624.282.42$38,800
Nov 199910815,45623.192.43$40,124
Oct 199911916,21120.982.80$47,948
Sep 199914716,37521.752.62$46,081
Aug 199912416,85719.262.88$50,862
Jul 199920615,04517.892.37$39,378
Jun 199910613,42115.942.36$33,391
May 199910614,17015.792.32$34,563
Apr 199913715,23815.102.21$35,715
Mar 199914214,74112.471.84$28,870
Feb 199917714,6539.981.82$28,403
Jan 199914816,02310.381.90$31,979
Dec 199816816,4919.201.77$30,789
Nov 199810415,73010.892.19$35,514
Oct 199811617,19912.421.97$35,309
Sep 199811318,02312.592.08$38,958
Aug 199811417,50811.301.91$34,682
Jul 199811718,79511.742.24$43,423
Jun 199817418,58211.242.24$43,529
May 199815620,33112.622.21$46,826
Apr 199818820,70213.042.51$54,317
Mar 199817021,47712.802.31$51,776
Feb 199820319,98113.952.30$48,771
Jan 199822322,86314.702.15$52,543
Dec 199717823,31116.322.41$59,110
Nov 199718422,88818.193.09$74,031
Oct 199722325,25219.253.15$83,832
Sep 199714925,40817.742.95$77,721
Aug 199719126,97217.862.55$72,318
Jul 199714827,95617.582.25$65,417
Jun 199717929,04217.242.26$68,640
May 199723530,65318.972.31$75,220
Apr 199727230,22517.882.08$67,815
Mar 199729933,10118.951.94$69,854
Feb 199724732,23720.492.21$76,173
Jan 199736635,22023.483.54$133,262
Dec 199645136,14423.32$10,517
Nov 199642337,85821.97$9,293
Oct 199642241,46223.31$9,837
Sep 199641043,83522.22$9,110
Aug 199641750,53120.26$8,448
Jul 199650159,31719.55$9,795
Jun 199628064,35518.73$5,244
May 199602,00319.43$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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                  475 Mcf  × $  3.05 =     $1,447

────────────────────────────────────────────────────
Month total                                   $1,447

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/159292 is the state's own key, not one this site invented.