PETER 2 UNIT

Operated by CR2 ENERGY LLC (P-5 101608) 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 159739District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.8 M
Jul 1996 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
359
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 Gas111996-09-30135522
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
CondensateDisposition13,020 bbl$485,400
GasProduction876,958 Mcf$3,339,349
Total$3,824,749

119,345 Mcf of this lease's gas, across 6 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 32.0525, -94.2824. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.05247, -94.28239 · 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
9,475 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 9,475 ft.

Completions filed
Jul 1996
1 of 1 wells

1 well

42-3653335049,475 ftJul 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 (359)

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

359 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 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 202005930.341.86$110
Feb 20200049.881.98$0
Jan 20200457.252.09$8
Dec 201906259.012.30$143
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 201808961.443.40$302
Sep 201803759.543.11$115
Aug 201808359.403.07$255
Jul 201803165.142.93$91
Jun 201802560.183.08$77
May 20180065.382.90$0
Apr 201801963.842.90$55
Mar 201802061.222.79$56
Feb 201803261.782.77$89
Jan 201803462.874.01$136
Dec 201702757.272.92$79
Nov 201704655.423.12$143
Oct 201703149.292.98$92
Sep 201706247.523.09$191
Aug 201703745.373.00$111
Jul 201701143.873.09$34
Jun 201717142.493.09$262
May 201717445.373.26$287
Apr 201724447.933.21$237
Mar 201706146.772.98$182
Feb 201706150.452.95$180
Jan 201719549.413.42$374
Dec 201619148.763.72$388
Nov 201619542.492.64$294
Oct 201608446.193.09$260
Sep 20160141.553.10$3
Aug 201605441.442.92$158
Jul 201602741.622.92$79
Jun 201607045.352.69$188
May 201604742.521.99$94
Apr 201609236.561.99$183
Mar 201602733.011.79$48
Feb 201625126.472.06$158
Jan 201657427.352.36$312
Dec 201553332.362.00$228
Nov 2015418338.792.17$552
Oct 2015715843.552.43$688
Sep 2015218242.992.76$588
Aug 2015222140.162.87$715
Jul 2015225648.152.95$850
Jun 2015214356.152.88$525
May 2015329355.212.96$1,032
Apr 20152142549.822.71$2,197
Mar 20153823642.892.93$2,322
Feb 2015129644.662.98$926
Jan 2015158343.433.10$1,851
Dec 2014341,52454.693.59$7,333
Nov 201411,78170.464.25$7,643
Oct 201462,04178.303.90$8,432
Sep 2014111,87886.164.05$8,545
Aug 201432,81489.394.04$11,623
Jul 2014431296.564.18$1,690
Jun 2014513698.164.74$1,135
May 20141994.734.73$137
Apr 20140595.944.81$24
Mar 20141695.895.06$126
Feb 20142197.406.19$201
Jan 201401590.404.86$73
Dec 201339091.824.35$667
Nov 2013939488.853.74$2,273
Oct 20131147197.423.78$2,852
Sep 20131592104.113.72$2,305
Aug 201310623104.253.52$3,237
Jul 201311407102.523.72$2,641
Jun 20131066794.403.93$3,568
May 2013111,73094.834.15$8,221
Apr 20131146793.964.28$3,034
Mar 2013121,03693.623.91$5,177
Feb 20132496091.233.42$5,473
Jan 2013251,98491.603.42$9,075
Dec 2012141,34186.773.42$5,801
Nov 20121583586.953.62$4,331
Oct 2012161,37689.383.40$6,108
Sep 201231,26094.672.92$3,961
Aug 2012131,97492.662.91$6,945
Jul 2012151,48185.133.02$5,751
Jun 2012172,22279.822.52$6,954
May 20121586991.612.49$3,537
Apr 201212960101.652.00$3,137
Mar 2012271,583105.052.22$6,354
Feb 2012301,673101.102.57$7,333
Jan 201221,88098.092.73$5,336
Dec 2011141,87296.873.24$7,421
Nov 2011131,84295.723.31$7,344
Oct 2011142,16384.983.65$9,082
Sep 201151,95983.623.99$8,226
Aug 201172,43283.404.15$10,675
Jul 201181,97594.144.52$9,675
Jun 2011211,60492.904.64$9,393
May 2011301,95098.134.40$11,533
Apr 2011241,934105.964.33$10,924
Mar 2011111,65096.364.06$7,755
Feb 2011211,43685.644.18$7,801
Jan 2011261,82286.504.59$10,610
Dec 2010181,78785.734.35$9,313
Nov 2010332,44180.843.80$11,932
Oct 2010412,34778.103.51$11,437
Sep 2010492,48772.633.98$13,456
Aug 2010762,65973.684.42$17,351
Jul 2010292,73772.554.74$15,068
Jun 2010752,81370.364.91$19,090
May 2010513,06271.124.24$16,595
Apr 2010391,41781.694.12$9,028
Mar 2010852,78778.394.39$18,894
Feb 2010442,32973.585.44$15,913
Jan 2010942,55074.365.96$22,198
Dec 2009861,96471.445.48$16,914
Nov 2009832,65474.593.75$16,147
Oct 2009572,67972.544.11$15,146
Sep 2009462,09565.543.06$9,435
Aug 2009322,61167.423.22$10,561
Jul 2009552,84361.133.46$13,212
Jun 2009352,21566.163.90$10,943
May 2009763,29854.743.93$17,107
Apr 2009673,22946.773.59$14,718
Mar 2009591,51842.144.06$8,648
Feb 2009391,65532.814.63$8,947
Jan 2009391,12435.865.37$7,436
Dec 2008382,78437.105.98$18,050
Nov 2008341,62955.496.86$13,062
Oct 2008152,19075.246.92$16,288
Sep 2008132,683101.767.88$22,457
Aug 2008213,741114.228.48$34,134
Jul 2008172,608131.0811.39$31,932
Jun 2008202,643131.3313.03$37,072
May 2008254,411123.1711.57$54,133
Apr 2008355,086110.3110.45$57,034
Mar 2008265,709101.909.66$57,822
Feb 2008274,60992.538.77$42,922
Jan 2008345,08890.388.21$44,824
Dec 2007564,73288.337.30$39,499
Nov 20071533,04391.677.29$36,214
Oct 2007472,87782.856.92$23,808
Sep 2007202,64275.846.24$18,014
Aug 2007491,98069.066.39$16,032
Jul 2007952,83170.906.39$24,820
Jun 20072252,82862.007.55$35,297
May 20071493,00958.747.85$32,362
Apr 20072243,03859.617.81$37,065
Mar 20072584,84356.927.30$50,049
Feb 20071063,15655.108.22$31,770
Jan 2007743,64650.306.73$28,248
Dec 2006754,37256.656.92$34,496
Nov 20066054.207.62$325
Oct 20067360754.906.01$7,658
Sep 2006702,63360.085.04$17,469
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 200601,82866.286.38$11,670
May 2006171,94066.016.42$13,587
Apr 200602,56964.397.36$18,909
Mar 2006087356.707.08$6,183
Feb 200602,52857.597.75$19,595
Jan 2006353,65360.598.93$34,754
Dec 200503,00354.9413.42$40,286
Nov 2005122,81154.6910.59$30,420
Oct 20051113,00658.3413.80$47,946
Sep 200502,32161.4512.08$28,035
Aug 200503,24161.519.80$31,752
Jul 200502,81255.697.84$22,056
Jun 2005802,77552.337.38$24,669
May 200523,77245.226.65$25,179
Apr 2005773,13249.207.36$26,841
Mar 200513,68050.377.15$26,380
Feb 200543,32645.226.31$21,174
Jan 2005863,51643.166.32$25,941
Dec 200433,73239.866.75$25,315
Nov 200422,99545.286.33$19,050
Oct 2004842,35549.706.52$19,518
Sep 200422,37543.245.28$12,636
Aug 200423,24542.375.55$18,097
Jul 2004773,32338.286.08$23,165
Jun 200423,95836.106.43$25,534
May 2004653,26237.486.49$23,622
Apr 200403,24834.475.86$19,028
Mar 2004693,53934.365.53$21,942
Feb 2004653,29832.455.51$20,280
Jan 200403,50232.036.30$22,061
Dec 2003683,22430.266.30$22,374
Nov 2003643,43728.804.60$17,637
Oct 200313,65528.174.76$17,425
Sep 2003502,60626.314.75$13,692
Aug 200303,49029.765.13$17,903
Jul 2003603,55629.415.17$20,152
Jun 2003663,33328.565.98$21,826
May 200313,48426.595.97$20,835
Apr 2003753,60426.675.41$21,488
Mar 2003773,84931.146.10$25,861
Feb 2003963,62233.487.93$31,922
Jan 200303,78630.315.58$21,134
Dec 2002823,65026.914.85$19,923
Nov 2002873,88824.664.14$18,230
Oct 200233,73526.464.23$15,875
Sep 2002783,58527.443.64$15,173
Aug 200203,69525.963.16$11,692
Jul 2002754,03224.583.06$14,189
Jun 2002753,85823.733.34$14,659
May 200233,59324.663.58$12,951
Apr 2002722,97423.653.51$12,148
Mar 2002743,55722.003.10$12,664
Feb 2002653,25018.222.38$8,905
Jan 2002623,62517.172.38$9,676
Dec 20011293,81216.932.36$11,197
Nov 2001714,06718.072.41$11,066
Oct 2001624,25619.782.53$11,989
Sep 2001704,20224.262.25$11,158
Aug 2001604,34724.873.05$14,764
Jul 2001584,39223.933.20$15,430
Jun 2001674,27624.563.82$17,998
May 2001594,27225.524.31$19,907
Apr 2001644,17024.685.34$23,828
Mar 2001614,29824.545.38$24,605
Feb 200143,94427.755.77$22,856
Jan 2001664,36527.478.40$38,474
Dec 2000564,40926.889.12$41,726
Nov 2000354,31632.215.66$25,547
Oct 2000354,55231.235.15$24,515
Sep 2000314,66131.875.19$25,162
Aug 200055,14329.644.54$23,501
Jul 2000335,29728.534.09$22,605
Jun 2000465,17429.304.40$24,099
May 2000635,36927.263.68$21,474
Apr 20001245,17224.513.12$19,155
Mar 2000675,32828.422.86$17,141
Feb 2000675,01627.622.73$15,527
Jan 2000685,34825.272.48$14,984
Dec 1999665,47924.282.42$14,882
Nov 1999635,60123.192.43$15,094
Oct 1999635,64420.982.80$17,146
Sep 1999625,41321.752.62$15,524
Aug 1999625,89719.262.88$18,152
Jul 1999705,73817.892.37$14,865
Jun 1999605,83315.942.36$14,735
May 19991366,15215.792.32$16,426
Apr 1999715,82615.102.21$13,936
Mar 1999706,19812.471.84$12,267
Feb 1999565,6299.981.82$10,791
Jan 1999646,31410.381.90$12,661
Dec 19981306,4539.201.77$12,639
Nov 1998766,48610.892.19$15,004
Oct 1998776,56312.421.97$13,880
Sep 1998726,57712.592.08$14,604
Aug 19981337,06311.301.91$14,975
Jul 1998807,39311.742.24$17,479
Jun 1998846,41211.242.24$15,290
May 19981687,06512.622.21$17,708
Apr 19981426,84313.042.51$18,996
Mar 1998556,69812.802.31$16,173
Feb 19981276,43313.952.30$16,562
Jan 19981227,07014.702.15$17,028
Dec 19971257,41516.322.41$19,918
Nov 19971267,36718.193.09$25,043
Oct 1997848,11719.253.15$27,184
Sep 1997878,29117.742.95$26,042
Aug 19971278,55217.862.55$24,116
Jul 19971608,99417.582.25$23,022
Jun 19972388,45017.242.26$23,176
May 19971389,24918.972.31$23,969
Apr 199713210,20117.882.08$23,607
Mar 199728110,85818.951.94$26,380
Feb 199713510,62720.492.21$26,208
Jan 199725012,22823.483.54$49,153
Dec 199625213,33223.32$5,877
Nov 199615614,32621.97$3,427
Oct 199632517,13123.31$7,576
Sep 199633519,48822.22$7,444
Aug 199629727,30720.26$6,017
Jul 199625827,76119.55$5,044

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.

Mar 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 30.34 =         $0
Gas                   59 Mcf  × $  1.86 =       $110

────────────────────────────────────────────────────
Month total                                     $110

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/159739 is the state's own key, not one this site invented.