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 163729District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.7 M
May 1997 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
349
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 Gas111997-09-02137156
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
CondensateDisposition8,868 bbl$291,309
GasProduction557,773 Mcf$2,404,898
Total$2,696,207

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 32.0605, -94.2840. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.06051, -94.28396 · 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
9,425 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 9,425 ft.

Completions filed
Jun 1997
1 of 1 wells

1 well

42-3653356959,425 ftJun 1997

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 (349)

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

349 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 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
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 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 200991,10461.133.46$4,375
Jun 2009959366.163.90$2,905
May 2009281,16654.743.93$6,110
Apr 2009151,65346.773.59$6,632
Mar 200921,19642.144.06$4,939
Feb 2009984532.814.63$4,210
Jan 2009101,23135.865.37$6,970
Dec 20081165837.105.98$4,341
Nov 20081483655.496.86$6,512
Oct 2008171,14875.246.92$9,226
Sep 2008151,231101.767.88$11,223
Aug 200825920114.228.48$10,660
Jul 200820905131.0811.39$12,929
Jun 200820897131.3313.03$14,317
May 2008331,850123.1711.57$25,477
Apr 2008531,263110.3110.45$19,051
Mar 2008361,356101.909.66$16,773
Feb 2008321,62592.538.77$17,213
Jan 2008393,33790.388.21$30,907
Dec 2007809,57688.337.30$76,990
Nov 20071082,72391.677.29$29,756
Oct 2007671,09182.856.92$13,103
Sep 2007502,17275.846.24$17,354
Aug 2007782,24569.066.39$19,728
Jul 2007812,08870.906.39$19,081
Jun 2007642,58862.007.55$23,503
May 2007302,64858.747.85$22,539
Apr 2007452,71759.617.81$23,889
Mar 2007474,31956.927.30$34,212
Feb 2007212,75255.108.22$23,768
Jan 2007182,85050.306.73$20,077
Dec 2006503,20856.656.92$25,027
Nov 20061512,56754.207.62$27,738
Oct 20061871,95354.906.01$22,011
Sep 2006572,22660.085.04$14,637
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 2006055966.286.38$3,569
May 20061493,05066.016.42$29,432
Apr 200601,43764.397.36$10,577
Mar 200602,93956.707.08$20,817
Feb 200603,35457.597.75$25,997
Jan 200614668660.598.93$14,974
Dec 200502,89454.9413.42$38,824
Nov 200552,89254.6910.59$30,895
Oct 2005724,31058.3413.80$63,660
Sep 200502,88561.4512.08$34,848
Aug 200501,79961.519.80$17,625
Jul 20050055.697.84$0
Jun 2005992,53152.337.38$23,862
May 200521,77745.226.65$11,910
Apr 20051172,80449.207.36$26,395
Mar 200532,09050.377.15$15,105
Feb 200561,59245.226.31$10,320
Jan 20051001,80343.166.32$15,715
Dec 200461,88039.866.75$12,931
Nov 200432,42845.286.33$15,506
Oct 2004842,74949.706.52$22,085
Sep 200432,65643.245.28$14,164
Aug 200433,06242.375.55$17,123
Jul 2004762,86738.286.08$20,353
Jun 200433,64136.106.43$23,531
May 2004672,98537.486.49$21,897
Apr 200412,96534.475.86$17,405
Mar 2004733,15934.365.53$19,978
Feb 2004652,99732.455.51$18,622
Jan 200403,24432.036.30$20,436
Dec 2003673,33130.266.30$23,018
Nov 2003633,39928.804.60$17,433
Oct 200313,62328.174.76$17,272
Sep 2003693,56526.314.75$18,747
Aug 200302,86029.765.13$14,671
Jul 2003623,93229.415.17$22,155
Jun 2003633,05028.565.98$20,047
May 200313,36626.595.97$20,131
Apr 2003643,95426.675.41$23,087
Mar 2003733,94631.146.10$26,328
Feb 2003823,99533.487.93$34,409
Jan 200303,42630.315.58$19,124
Dec 2002763,26826.914.85$17,907
Nov 2002734,15124.664.14$18,973
Oct 200233,72926.464.23$15,850
Sep 2002754,12927.443.64$17,068
Aug 200204,76725.963.16$15,084
Jul 2002753,17724.583.06$11,571
Jun 2002744,67123.733.34$17,349
May 200233,99624.663.58$14,396
Apr 2002794,60423.653.51$18,039
Mar 2002755,19922.003.10$17,781
Feb 2002684,88418.222.38$12,842
Jan 2002675,80917.172.38$14,951
Dec 20011306,19916.932.36$16,858
Nov 2001746,23518.072.41$16,336
Oct 2001617,21219.782.53$19,445
Sep 2001636,43824.262.25$16,022
Aug 2001565,58224.873.05$18,435
Jul 2001574,99723.933.20$17,340
Jun 2001453,63924.563.82$15,021
May 2001591,59925.524.31$8,393
Apr 2001593,15924.685.34$18,310
Mar 2001613,33424.545.38$19,422
Feb 200113,00427.755.77$17,352
Jan 2001643,63127.478.40$32,254
Dec 2000703,48226.889.12$33,646
Nov 2000793,21932.215.66$20,758
Oct 2000703,54931.235.15$20,447
Sep 2000593,47831.875.19$19,919
Aug 200013,70529.644.54$16,853
Jul 2000583,43028.534.09$15,683
Jun 2000602,93129.304.40$14,646
May 2000573,50827.263.68$14,462
Apr 20001153,42124.513.12$13,478
Mar 2000663,56828.422.86$12,079
Feb 2000623,49727.622.73$11,247
Jan 2000643,74525.272.48$10,907
Dec 1999644,27124.282.42$11,906
Nov 1999613,43323.192.43$9,770
Oct 1999614,17820.982.80$12,994
Sep 1999604,21721.752.62$12,349
Aug 1999614,57319.262.88$14,325
Jul 1999694,54617.892.37$12,019
Jun 1999594,68915.942.36$12,016
May 19991345,05615.792.32$13,851
Apr 1999664,69915.102.21$11,372
Mar 1999685,15512.471.84$10,325
Feb 1999564,8099.981.82$9,301
Jan 1999645,24010.381.90$10,620
Dec 19981305,4219.201.77$10,809
Nov 1998635,48710.892.19$12,679
Oct 1998595,65212.421.97$11,863
Sep 1998535,77312.592.08$12,690
Aug 1998996,17211.301.91$12,891
Jul 1998596,61711.742.24$15,497
Jun 1998635,57511.242.24$13,181
May 19981426,56612.622.21$16,279
Apr 19981496,64913.042.51$18,601
Mar 1998636,65512.802.31$16,176
Feb 19981456,73113.952.30$17,498
Jan 19981437,91414.702.15$19,155
Dec 19971348,58316.322.41$22,881
Nov 19971399,41518.193.09$31,604
Oct 199722410,67919.253.15$37,949
Sep 199722812,04917.742.95$39,648
Aug 199731614,36817.862.55$42,350
Jul 199731915,08417.582.25$39,501
Jun 199719920,55217.242.26$49,821
May 19970018.972.31$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.

Jul 2009 — as filed, then multipliedworked
Condensate             9 bbl  × $ 61.13 =       $550
Gas                1,104 Mcf  × $  3.46 =     $3,825

────────────────────────────────────────────────────
Month total                                   $4,375

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/163729 is the state's own key, not one this site invented.