PETER 2 UNIT

Operated by DIVERSIFIED PRODUCTION LLC (P-5 220903) 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 223005District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.4 M
Sep 2006 – May 2026
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
237
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 Gas112007-07-10178166
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
CondensateDisposition15,453 bbl$1,016,282
GasProduction760,287 Mcf$3,367,048
Total$4,383,330

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 32.0553, -94.2863. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.05533, -94.28627 · 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
9,535 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 9,535 ft.

Completions filed
Sep 2006
1 of 1 wells

1 well

42-3653609169,535 ftSep 2006

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 (237)

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

237 months

May 20261108106.413.05$435
Apr 202647398.932.87$605
Mar 202646089.753.15$548
Feb 202658163.503.75$621
Jan 202608659.138.00$688
Dec 202547756.664.41$566
Nov 202502658.593.93$102
Oct 20254859.383.30$264
Sep 202545562.743.08$420
Aug 202506663.933.01$199
Jul 202547066.743.32$499
Jun 202526466.483.13$333
May 202547360.553.23$478
Apr 202537862.363.54$463
Mar 202508167.704.27$346
Feb 202558770.884.34$732
Jan 2025411074.324.28$768
Dec 2024218568.993.12$715
Nov 2024493869.052.20$2,338
Oct 202441,67071.372.28$4,095
Sep 2024483669.612.36$2,255
Aug 202401,72375.632.06$3,556
Jul 202441,71179.932.15$3,993
Jun 202421,54278.082.63$4,218
May 202491,44078.812.20$3,875
Apr 202401,50684.451.66$2,499
Mar 202451,56380.301.55$2,817
Feb 202441,56076.091.78$3,087
Jan 202441,54273.023.30$5,377
Dec 202341,56871.262.61$4,379
Nov 202341,56277.892.81$4,697
Oct 202301,68985.443.09$5,214
Sep 202341,61089.042.74$4,760
Aug 202301,76780.522.67$4,723
Jul 202341,67074.852.64$4,711
Jun 202381,74868.962.26$4,500
May 202311,92270.622.23$4,352
Apr 202341,81678.122.24$4,376
Mar 202352,19472.852.39$5,615
Feb 202342,10775.112.47$5,496
Jan 202342,15776.533.39$7,613
Dec 202241,86776.415.73$11,002
Nov 202242,08285.005.65$12,095
Oct 202241,94387.185.86$11,742
Sep 202202,34384.888.16$19,128
Aug 202232,02294.529.13$18,739
Jul 202222,140101.587.54$16,343
Jun 202202,072115.097.98$16,529
May 202212,557109.378.43$21,673
Apr 202211,685104.226.84$11,626
Mar 202221,588108.885.08$8,279
Feb 202221,14491.054.86$5,741
Jan 202202,09281.844.54$9,493
Dec 202121,71571.323.90$6,830
Nov 202142,48177.435.24$13,302
Oct 2021195079.795.71$5,508
Sep 202111,97569.865.35$10,638
Aug 202129266.024.22$520
Jul 2021186970.783.98$3,531
Jun 2021496869.493.38$3,550
May 2021360063.483.02$2,001
Apr 2021421760.362.76$840
Mar 202131,10061.302.72$3,173
Feb 2021061757.805.55$3,423
Jan 2021073550.412.81$2,066
Dec 202061,05344.642.68$3,085
Nov 202052,03738.772.71$5,707
Oct 202003936.972.48$97
Sep 202051,54037.091.99$3,252
Aug 2020044439.982.39$1,059
Jul 2020162,42238.371.83$5,034
Jun 202002,67134.901.69$4,515
May 2020173,60716.921.81$6,833
Apr 2020122,58014.751.80$4,832
Mar 20204130.341.86$123
Feb 202002849.881.98$55
Jan 202071,87957.252.09$4,337
Dec 201981,34859.012.30$3,578
Nov 2019141,42555.302.75$4,694
Oct 2019171,84953.472.42$5,381
Sep 201992,29955.052.66$6,605
Aug 201901,18453.112.30$2,728
Jul 20191661356.272.46$2,408
Jun 201952,40652.782.49$6,258
May 2019174,93758.482.74$14,523
Apr 201961,41062.632.75$4,254
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20193046.033.23$138
Dec 20181950146.594.19$2,982
Nov 20182160752.934.24$3,684
Oct 20183354861.443.40$3,890
Sep 201821,11359.543.11$3,578
Aug 20183181659.403.07$4,344
Jul 2018491,35465.142.93$7,162
Jun 2018521,98360.183.08$9,231
May 201801,88465.382.90$5,465
Apr 2018411,86963.842.90$8,039
Mar 2018561,81261.222.79$8,478
Feb 2018581,97161.782.77$9,035
Jan 2018511,53362.874.01$9,353
Dec 2017401,94657.272.92$7,976
Nov 2017161,73855.423.12$6,306
Oct 201701,19349.292.98$3,560
Sep 2017201,87947.523.09$6,751
Aug 2017181,56145.373.00$5,507
Jul 201721,88343.873.09$5,901
Jun 2017422,18842.493.09$8,540
May 2017592,17245.373.26$9,765
Apr 20171262,02647.933.21$12,546
Mar 2017642,37746.772.98$10,085
Feb 201712,21250.452.95$6,582
Jan 2017451,99949.413.42$9,058
Dec 2016341,45548.763.72$7,075
Nov 2016361,78942.492.64$6,260
Oct 2016462,91346.193.09$11,127
Sep 201602,77341.553.10$8,598
Aug 2016342,71141.442.92$9,337
Jul 2016192,69141.622.92$8,660
Jun 201622,58445.352.69$7,031
May 2016452,27442.521.99$6,441
Apr 2016402,51736.561.99$6,474
Mar 2016363,11133.011.79$6,770
Feb 2016333,38826.472.06$7,865
Jan 2016213,10727.352.36$7,920
Dec 2015183,38732.362.00$7,361
Nov 2015233,49538.792.17$8,467
Oct 2015273,58343.552.43$9,870
Sep 2015323,74142.992.76$11,695
Aug 2015403,90840.162.87$12,832
Jul 2015363,72248.152.95$12,695
Jun 2015403,11656.152.88$11,229
May 2015403,90455.212.96$13,746
Apr 2015733,44449.822.71$12,958
Mar 2015833,12442.892.93$12,728
Feb 2015173,77044.662.98$11,979
Jan 2015184,51943.433.10$14,793
Dec 2014864,16354.693.59$19,654
Nov 2014124,19070.464.25$18,661
Oct 2014674,32078.303.90$22,098
Sep 20141314,37086.164.05$28,966
Aug 2014834,23489.394.04$24,504
Jul 2014684,21796.564.18$24,191
Jun 2014623,76198.164.74$23,901
May 2014694,64294.734.73$28,477
Apr 2014804,18395.944.81$27,792
Mar 2014955,51995.895.06$37,018
Feb 2014754,20097.406.19$33,311
Jan 2014504,74790.404.86$27,594
Dec 2013874,83091.824.35$29,020
Nov 2013654,36188.853.74$22,078
Oct 2013445,33897.423.78$24,461
Sep 2013205,325104.113.72$21,879
Aug 2013384,952104.253.52$21,405
Jul 2013365,474102.523.72$24,042
Jun 2013385,29494.403.93$24,411
May 2013425,51594.834.15$26,865
Apr 2013485,85593.964.28$29,585
Mar 2013403,94893.623.91$19,193
Feb 2013814,82191.233.42$23,877
Jan 20131095,27091.603.42$28,007
Dec 2012675,83886.773.42$25,780
Nov 2012455,92586.953.62$25,391
Oct 2012495,99389.383.40$24,754
Sep 2012426,35794.672.92$22,528
Aug 2012476,70792.662.91$23,860
Jul 2012396,98285.133.02$24,411
Jun 2012577,14979.822.52$22,558
May 2012816,93891.612.49$24,684
Apr 2012445,847101.652.00$16,148
Mar 2012527,275105.052.22$21,628
Feb 2012856,327101.102.57$24,855
Jan 2012537,36698.092.73$25,338
Dec 2011867,67396.873.24$33,189
Nov 20111177,88895.723.31$37,319
Oct 20111279,34884.983.65$44,899
Sep 2011488,49383.623.99$37,865
Aug 2011134,70283.404.15$20,594
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 201110096.364.06$964
Feb 20112782085.644.18$5,740
Jan 201132086.504.59$2,768
Dec 20101593,67685.734.35$29,613
Nov 20101862,23080.843.80$23,500
Oct 20101143,45178.103.51$21,013
Sep 2010984,42772.633.98$24,735
Aug 20101502,72873.684.42$23,108
Jul 2010573,80972.554.74$22,177
Jun 20101371,92170.364.91$19,072
May 20102733,42171.124.24$33,904
Apr 20103153,55681.694.12$40,393
Mar 20104283,96178.394.39$50,934
Feb 20102263,80873.585.44$37,354
Jan 20104895,02274.365.96$66,314
Dec 20094585,66371.445.48$63,774
Nov 20094095,77374.593.75$52,165
Oct 20092626,48472.544.11$45,656
Sep 20091656,17065.543.06$29,724
Aug 20091416,58967.423.22$30,713
Jul 20092763,79561.133.46$30,020
Jun 20092448,12166.163.90$47,774
May 20094078,14354.743.93$54,247
Apr 20094637,59446.773.59$48,898
Mar 20092027,94542.144.06$40,761
Feb 20092776,36232.814.63$38,564
Jan 20093242,88635.865.37$27,119
Dec 20083003,11537.105.98$29,749
Nov 20082575,63955.496.86$52,947
Oct 20088010375.246.92$6,732
Sep 20083226101.767.88$2,086
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
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 200711088.337.30$972
Nov 20072291,35091.677.29$30,836
Oct 20070082.856.92$0
Sep 200726075.846.24$1,972
Aug 2007437669.066.39$3,455
Jul 20070070.906.39$0
Jun 200798062.007.55$6,076
May 200747711,77958.747.85$120,440
Apr 200771315,52159.617.81$163,646
Mar 200787522,29056.927.30$212,566
Feb 200738518,29455.108.22$171,517
Jan 200728019,70150.306.73$146,610
Dec 200638530,28556.656.92$231,335
Nov 200619028,34354.207.62$226,200
Oct 200618220,75854.906.01$134,826
Sep 2006269,06960.085.04$47,244

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             1 bbl  × $106.41 =       $106
Gas                  108 Mcf  × $  3.05 =       $329

────────────────────────────────────────────────────
Month total                                     $435

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/223005 is the state's own key, not one this site invented.