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 229446District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.1 M
Mar 2007 – May 2026
Value, last 12 filed months
$116 k
at the published price for each month
Months reported
231
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 Gas112007-10-30177963
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
CondensateDisposition9,554 bbl$728,415
GasProduction963,666 Mcf$4,381,101
Total$5,109,516

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 32.0604, -94.2794. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.06037, -94.27940 · 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
9,450 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 9,450 ft.

Completions filed
Mar 2007
1 of 1 wells

1 well

42-3653644489,450 ftMar 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 (231)

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

231 months

May 202642,125106.413.05$6,898
Apr 2026292,17198.932.87$9,099
Mar 2026282,26889.753.15$9,656
Feb 2026332,07763.503.75$9,885
Jan 202602,14159.138.00$17,124
Dec 2025282,24556.664.41$11,494
Nov 202502,19658.593.93$8,622
Oct 2025292,30259.383.30$9,330
Sep 2025282,17862.743.08$8,458
Aug 202502,35563.933.01$7,100
Jul 2025292,44766.743.32$10,048
Jun 2025152,22966.483.13$7,971
May 2025282,45660.553.23$9,634
Apr 2025242,37162.363.54$9,897
Mar 202502,41567.704.27$10,308
Feb 2025322,21970.884.34$11,900
Jan 2025272,52874.324.28$12,823
Dec 2024162,58268.993.12$9,163
Nov 2024292,51769.052.20$7,536
Oct 2024272,61771.372.28$7,897
Sep 2024282,50769.612.36$7,877
Aug 202402,48375.632.06$5,124
Jul 2024282,57379.932.15$7,761
Jun 2024152,45678.082.63$7,640
May 2024592,35578.812.20$9,827
Apr 202402,12384.451.66$3,522
Mar 2024372,29280.301.55$6,513
Feb 2024272,51876.091.78$6,546
Jan 2024312,74673.023.30$11,319
Dec 2023302,61271.262.61$8,957
Nov 2023292,49077.892.81$9,250
Oct 202302,65385.443.09$8,191
Sep 2023302,28889.042.74$8,929
Aug 202302,30480.522.67$6,158
Jul 2023292,72174.852.64$9,359
Jun 2023572,59068.962.26$9,780
May 202382,64170.622.23$6,448
Apr 2023282,57778.122.24$7,954
Mar 2023352,63372.852.39$8,851
Feb 2023292,36375.112.47$8,005
Jan 2023292,59376.533.39$11,004
Dec 2022292,57576.415.73$16,968
Nov 2022302,51485.005.65$16,745
Oct 2022283,97487.185.86$25,744
Sep 202202,75684.888.16$22,499
Aug 2022283,08794.529.13$30,822
Jul 2022283,092101.587.54$26,164
Jun 202202,821115.097.98$22,504
May 2022292,884109.378.43$27,493
Apr 2022302,448104.226.84$19,865
Mar 2022412,660108.885.08$17,967
Feb 2022342,16691.054.86$13,620
Jan 202202,44881.844.54$11,108
Dec 2021322,54771.323.90$12,213
Nov 2021642,52777.435.24$18,189
Oct 202162,70279.795.71$15,918
Sep 2021282,73469.865.35$16,586
Aug 2021432,94866.024.22$15,281
Jul 2021303,10170.783.98$14,472
Jun 2021412,84669.493.38$12,470
May 2021393,00863.483.02$11,553
Apr 2021342,96660.362.76$10,234
Mar 2021342,75261.302.72$9,561
Feb 202102,47357.805.55$13,720
Jan 202102,72350.412.81$7,652
Dec 2020362,61244.642.68$8,595
Nov 2020362,42938.772.71$7,970
Oct 202002,38636.972.48$5,914
Sep 2020332,50337.091.99$6,208
Aug 202002,61339.982.39$6,232
Jul 2020342,77038.371.83$6,360
Jun 202002,73934.901.69$4,630
May 2020322,44916.921.81$4,986
Apr 2020672,17614.751.80$4,915
Mar 2020342,35530.341.86$5,403
Feb 202002,35549.881.98$4,664
Jan 2020342,62957.252.09$7,454
Dec 2019332,55759.012.30$7,840
Nov 2019322,66555.302.75$9,100
Oct 2019282,64053.472.42$7,882
Sep 2019332,68455.052.66$8,949
Aug 201902,76453.112.30$6,369
Jul 2019272,81756.272.46$8,449
Jun 201912,64752.782.49$6,647
May 2019322,10458.482.74$7,637
Apr 2019322,51462.632.75$8,919
Mar 2019352,43256.803.06$9,435
Feb 2019362,38350.852.79$8,484
Jan 2019362,68946.033.23$10,338
Dec 2018302,69246.594.19$12,665
Nov 2018282,66952.934.24$12,791
Oct 2018282,82861.443.40$11,330
Sep 201822,78759.543.11$8,781
Aug 2018252,82859.403.07$10,157
Jul 2018242,64965.142.93$9,330
Jun 2018282,75560.183.08$10,162
May 201802,71665.382.90$7,879
Apr 2018362,66763.842.90$10,035
Mar 2018312,99961.222.79$10,256
Feb 2018332,87461.782.77$9,989
Jan 2018292,74862.874.01$12,841
Dec 2017292,63757.272.92$9,365
Nov 2017212,98555.423.12$10,472
Oct 201703,36049.292.98$10,025
Sep 2017213,61147.523.09$12,146
Aug 2017183,36745.373.00$10,932
Jul 201703,05343.873.09$9,425
Jun 2017153,25842.493.09$10,696
May 2017143,05445.373.26$10,602
Apr 2017332,94847.933.21$11,049
Mar 2017173,21946.772.98$10,400
Feb 201713,30050.452.95$9,794
Jan 2017193,50049.413.42$12,905
Dec 2016223,47948.763.72$14,024
Nov 2016183,32542.492.64$9,557
Oct 2016233,48946.193.09$11,844
Sep 201603,28541.553.10$10,186
Aug 2016213,40941.442.92$10,839
Jul 2016363,73841.622.92$12,430
Jun 201613,25145.352.69$8,777
May 2016563,12642.521.99$8,605
Apr 2016143,59536.561.99$7,670
Mar 2016263,70133.011.79$7,498
Feb 2016323,68126.472.06$8,443
Jan 2016283,96027.352.36$10,129
Dec 2015273,93732.362.00$8,753
Nov 2015263,80838.792.17$9,262
Oct 2015264,10443.552.43$11,091
Sep 2015274,28842.992.76$12,989
Aug 2015274,54040.162.87$14,125
Jul 2015284,80548.152.95$15,499
Jun 2015294,44556.152.88$14,443
May 2015264,55755.212.96$14,903
Apr 2015524,42049.822.71$14,554
Mar 2015464,28742.892.93$14,554
Feb 201553,93244.662.98$11,926
Jan 201564,33543.433.10$13,702
Dec 2014473,97254.693.59$16,835
Nov 201444,29470.464.25$18,539
Oct 2014304,64478.303.90$20,465
Sep 2014604,55386.164.05$23,588
Aug 2014354,73389.394.04$22,227
Jul 2014254,64596.564.18$21,828
Jun 2014273,87898.164.74$21,020
May 2014354,90194.734.73$26,480
Apr 2014384,34695.944.81$24,546
Mar 2014364,46895.895.06$26,046
Feb 2014344,01397.406.19$28,160
Jan 201474,61590.404.86$23,065
Dec 2013394,68491.824.35$23,977
Nov 2013394,50388.853.74$20,299
Oct 2013394,78497.423.78$21,880
Sep 201354,751104.113.72$18,184
Aug 2013384,671104.253.52$20,416
Jul 2013374,953102.523.72$22,207
Jun 2013365,13794.403.93$23,604
May 2013405,32094.834.15$25,866
Apr 2013445,07593.964.28$25,868
Mar 2013405,10493.623.91$23,716
Feb 2013765,28291.233.42$24,997
Jan 2013776,20291.603.42$28,263
Dec 2012416,30786.773.42$25,129
Nov 2012434,45986.953.62$19,903
Oct 2012434,65489.383.40$19,665
Sep 201253,74994.672.92$11,414
Aug 2012424,43992.662.91$16,801
Jul 2012404,75285.133.02$17,760
Jun 2012434,79479.822.52$15,509
May 2012524,85691.612.49$16,847
Apr 2012473,448101.652.00$11,663
Mar 2012784,142105.052.22$17,398
Feb 2012924,556101.102.57$21,011
Jan 2012174,81498.092.73$14,829
Dec 2011474,98896.873.24$20,713
Nov 2011374,26595.723.31$17,664
Oct 2011425,23484.983.65$22,666
Sep 2011225,04383.623.99$21,940
Aug 2011295,21983.404.15$24,074
Jul 2011294,60294.144.52$23,518
Jun 2011615,06592.904.64$29,168
May 2011754,89698.134.40$28,926
Apr 2011805,124105.964.33$30,681
Mar 2011394,75396.364.06$23,043
Feb 2011614,95785.644.18$25,944
Jan 2011685,01286.504.59$28,881
Dec 2010535,33385.734.35$27,730
Nov 2010815,78080.843.80$28,485
Oct 2010615,37378.103.51$23,617
Sep 2010585,53772.633.98$26,247
Aug 2010895,69173.684.42$31,708
Jul 2010355,84272.554.74$30,210
Jun 2010815,76170.364.91$33,988
May 2010485,24771.124.24$25,636
Apr 2010346,31781.694.12$28,820
Mar 2010436,02478.394.39$29,808
Feb 2010255,14373.585.44$29,830
Jan 2010595,86574.365.96$39,367
Dec 2009526,20271.445.48$37,725
Nov 2009815,94174.593.75$28,329
Oct 20091526,61972.544.11$38,232
Sep 20091425,00365.543.06$24,640
Aug 20091165,91567.423.22$26,858
Jul 20092336,40261.133.46$36,423
Jun 20091016,07666.163.90$30,348
May 20091856,15154.743.93$34,274
Apr 2009526,20446.773.59$24,689
Mar 2009476,63642.144.06$28,916
Feb 2009326,10232.814.63$29,320
Jan 2009457,58735.865.37$42,363
Dec 2008477,76137.105.98$48,132
Nov 2008727,25855.496.86$53,788
Oct 2008737,27375.246.92$55,836
Sep 2008606,394101.767.88$56,472
Aug 20081038,107114.228.48$80,537
Jul 2008808,276131.0811.39$104,745
Jun 20081028,464131.3313.03$123,704
May 20081368,198123.1711.57$111,637
Apr 20081964,580110.3110.45$69,504
Mar 20081508,422101.909.66$96,676
Feb 20081587,03392.538.77$76,303
Jan 20081817,81690.388.21$80,495
Dec 20071176,96988.337.30$61,222
Nov 20071819,31491.677.29$84,507
Oct 200724210,33882.856.92$91,609
Sep 200711611,31275.846.24$79,431
Aug 20078511,74069.066.39$80,865
Jul 20078112,44370.906.39$85,228
Jun 20076011,63362.007.55$91,531
May 20073016,85758.747.85$134,027
Apr 20074421,40659.617.81$169,701
Mar 2007364356.927.30$2,363

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             4 bbl  × $106.41 =       $426
Gas                2,125 Mcf  × $  3.05 =     $6,472

────────────────────────────────────────────────────
Month total                                   $6,898

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/229446 is the state's own key, not one this site invented.