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 229445District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.3 M
Feb 2007 – May 2026
Value, last 12 filed months
$24 k
at the published price for each month
Months reported
232
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 Gas112007-10-30177965
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
CondensateDisposition6,996 bbl$548,242
GasProduction673,936 Mcf$3,722,924
Total$4,271,166

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 32.0564, -94.2793. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.05642, -94.27927 · 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
9,680 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 9,680 ft.

Completions filed
Feb 2007
1 of 1 wells

1 well

42-3653639679,680 ftFeb 2007

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 (232)

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

232 months

May 202601,043106.413.05$3,177
Apr 2026098698.932.87$2,830
Mar 2026089289.753.15$2,809
Feb 2026094163.503.75$3,529
Jan 202601,13759.138.00$9,094
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 2025064359.383.30$2,125
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 2023034372.852.39$821
Feb 2023025175.112.47$619
Jan 2023033576.533.39$1,135
Dec 2022037376.415.73$2,137
Nov 2022029885.005.65$1,683
Oct 2022035987.185.86$2,105
Sep 2022030784.888.16$2,506
Aug 2022048994.529.13$4,463
Jul 20220235101.587.54$1,772
Jun 20220293115.097.98$2,337
May 20220318109.378.43$2,682
Apr 20220227104.226.84$1,552
Mar 20220525108.885.08$2,665
Feb 2022029391.054.86$1,424
Jan 2022044981.844.54$2,037
Dec 2021069171.323.90$2,694
Nov 2021059277.435.24$3,100
Oct 2021190179.795.71$5,228
Sep 202101,21869.865.35$6,517
Aug 202121,69766.024.22$7,294
Jul 202102,07970.783.98$8,279
Jun 202112,01569.493.38$6,881
May 202112,02963.483.02$6,186
Apr 202103,22760.362.76$8,901
Mar 20210061.302.72$0
Feb 202101,73157.805.55$9,604
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20202138.772.71$80
Oct 2020021536.972.48$533
Sep 202010037.091.99$371
Aug 2020095139.982.39$2,268
Jul 202012,42538.371.83$4,464
Jun 202001,59434.901.69$2,694
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 2018071946.594.19$3,009
Nov 20182052.934.24$106
Oct 2018370161.443.40$2,566
Sep 2018051259.543.11$1,591
Aug 2018259959.403.07$1,956
Jul 2018145465.142.93$1,396
Jun 2018139860.183.08$1,285
May 2018037365.382.90$1,082
Apr 2018039063.842.90$1,131
Mar 2018028961.222.79$805
Feb 2018126661.782.77$798
Jan 2018426562.874.01$1,314
Dec 2017826357.272.92$1,227
Nov 20171623255.423.12$1,610
Oct 2017036649.292.98$1,092
Sep 20172034447.523.09$2,012
Aug 20171738045.373.00$1,913
Jul 2017043043.873.09$1,328
Jun 2017063942.493.09$1,973
May 2017051545.373.26$1,681
Apr 2017048447.933.21$1,554
Mar 2017050246.772.98$1,498
Feb 2017046250.452.95$1,364
Jan 2017352549.413.42$1,943
Dec 2016554648.763.72$2,276
Nov 2016456242.492.64$1,656
Oct 2016659846.193.09$2,125
Sep 2016062241.553.10$1,929
Aug 2016866641.442.92$2,279
Jul 20162769841.622.92$3,165
Jun 2016380245.352.69$2,290
May 2016411,28942.521.99$4,310
Apr 201631,19536.561.99$2,489
Mar 2016111,42733.011.79$2,923
Feb 2016301,13626.472.06$3,138
Jan 2016371,74427.352.36$5,135
Dec 2015432,41432.362.00$6,223
Nov 2015462,93238.792.17$8,139
Oct 2015293,02643.552.43$8,606
Sep 2015293,13442.992.76$9,892
Aug 2015373,32340.162.87$11,031
Jul 2015363,64248.152.95$12,459
Jun 2015373,39856.152.88$11,874
May 2015322,67355.212.96$9,667
Apr 2015773,09649.822.71$12,216
Mar 2015793,32342.892.93$13,140
Feb 2015123,28044.662.98$10,298
Jan 2015123,12543.433.10$10,211
Dec 2014663,85054.693.59$17,436
Nov 201483,62270.464.25$15,964
Oct 201403,82678.303.90$14,925
Sep 201403,52086.164.05$14,240
Aug 201403,59789.394.04$14,514
Jul 201443,57796.564.18$15,337
Jun 201491,56798.164.74$8,306
May 20142788294.734.73$6,727
Apr 2014281,89595.944.81$11,800
Mar 2014361,22695.895.06$9,652
Feb 2014392,13797.406.19$17,031
Jan 2014121,08790.404.86$6,368
Dec 2013551,63791.824.35$12,178
Nov 2013731,69888.853.74$12,834
Oct 2013842,14697.423.78$16,294
Sep 2013192,214104.113.72$10,209
Aug 2013842,063104.253.52$16,024
Jul 2013812,648102.523.72$18,149
Jun 2013832,50894.403.93$17,700
May 2013661,93494.834.15$14,283
Apr 2013412,46393.964.28$14,400
Mar 2013352,23493.623.91$12,018
Feb 2013672,80791.233.42$15,712
Jan 2013722,64391.603.42$15,634
Dec 2012412,95586.773.42$13,664
Nov 2012353,45386.953.62$15,560
Oct 2012333,86589.383.40$16,089
Sep 2012153,74794.672.92$12,355
Aug 2012324,09392.662.91$14,868
Jul 2012274,03485.133.02$14,484
Jun 2012302,81179.822.52$9,476
May 2012383,44891.612.49$12,061
Apr 2012223,345101.652.00$8,916
Mar 2012284,024105.052.22$11,883
Feb 2012373,955101.102.57$13,906
Jan 2012144,15898.092.73$12,742
Dec 2011244,79596.873.24$17,859
Nov 2011234,29995.723.31$16,437
Oct 2011325,06184.983.65$21,185
Sep 2011174,34083.623.99$18,720
Aug 2011184,27783.404.15$19,248
Jul 2011184,29794.144.52$21,105
Jun 2011423,59892.904.64$20,596
May 2011683,81998.134.40$23,495
Apr 20111104,474105.964.33$31,043
Mar 2011803,02696.364.06$19,986
Feb 20111454,49885.644.18$31,219
Jan 20111545,51786.504.59$38,637
Dec 20101105,40285.734.35$32,917
Nov 20101215,95880.843.80$32,394
Oct 2010516,24078.103.51$25,879
Sep 2010375,68072.633.98$25,291
Aug 2010556,29073.684.42$31,850
Jul 2010185,43072.554.74$27,025
Jun 2010393,01970.364.91$17,569
May 2010445,65671.124.24$27,084
Apr 2010335,69881.694.12$26,187
Mar 2010445,98178.394.39$29,698
Feb 2010245,40773.585.44$31,193
Jan 2010556,11574.365.96$40,560
Dec 2009496,34871.445.48$38,311
Nov 2009646,27674.593.75$28,318
Oct 20091096,55672.544.11$34,854
Sep 20091217,19265.543.06$29,972
Aug 2009824,91867.423.22$21,357
Jul 20091366,87361.133.46$32,125
Jun 2009676,43766.163.90$29,505
May 20091736,18554.743.93$33,751
Apr 20091316,65146.773.59$29,987
Mar 20091226,82042.144.06$32,823
Feb 2009806,34732.814.63$32,030
Jan 2009988,22535.865.37$47,691
Dec 2008968,40737.105.98$53,811
Nov 20081078,11255.496.86$61,589
Oct 2008748,60975.246.92$65,159
Sep 2008597,309101.767.88$63,577
Aug 2008929,274114.228.48$89,180
Jul 2008727,652131.0811.39$96,590
Jun 2008879,184131.3313.03$131,117
May 20081299,115123.1711.57$121,389
Apr 20081614,699110.3110.45$66,887
Mar 20081328,752101.909.66$98,031
Feb 20081568,66092.538.77$90,388
Jan 20081539,40190.388.21$90,970
Dec 20071198,59688.337.30$73,279
Nov 200718111,31991.677.29$99,127
Oct 200724212,35782.856.92$105,585
Sep 200711613,87775.846.24$95,448
Aug 20078514,32069.066.39$97,345
Jul 20078015,34470.906.39$103,689
Jun 20075515,01562.007.55$116,750
May 20073019,11658.747.85$151,752
Apr 20074423,04059.617.81$182,455
Mar 20074336,37956.927.30$268,086
Feb 2007815,16355.108.22$125,020

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                1,043 Mcf  × $  3.05 =     $3,177

────────────────────────────────────────────────────
Month total                                   $3,177

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/229445 is the state's own key, not one this site invented.