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 234102District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.9 M
Oct 2007 – May 2026
Value, last 12 filed months
$109 k
at the published price for each month
Months reported
224
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 Gas112008-05-12182791
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
CondensateDisposition9,865 bbl$748,245
GasProduction1,045,661 Mcf$5,200,537
Total$5,948,783

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 32.0506, -94.2861. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.05060, -94.28613 · 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
9,510 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 9,510 ft.

Completions filed
Oct 2007
1 of 1 wells

1 well

42-3653665899,510 ftOct 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 (224)

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

224 months

May 202651,995106.413.05$6,609
Apr 2026332,11498.932.87$9,331
Mar 2026322,21189.753.15$9,835
Feb 2026381,99263.503.75$9,884
Jan 202602,24059.138.00$17,915
Dec 2025322,21456.664.41$11,584
Nov 202502,04958.593.93$8,045
Oct 2025332,11259.383.30$8,939
Sep 2025321,84362.743.08$7,678
Aug 202501,67863.933.01$5,059
Jul 2025331,66766.743.32$7,729
Jun 2025171,58066.483.13$6,074
May 2025321,82760.553.23$7,843
Apr 2025271,77462.363.54$7,969
Mar 202501,86567.704.27$7,960
Feb 2025361,52970.884.34$9,189
Jan 2025311,81674.324.28$10,074
Dec 2024191,85668.993.12$7,104
Nov 2024331,82769.052.20$6,295
Oct 2024301,91771.372.28$6,515
Sep 2024281,51369.612.36$5,526
Aug 202401,50775.632.06$3,110
Jul 2024322,09879.932.15$7,061
Jun 2024172,11878.082.63$6,906
May 2024692,21478.812.20$10,305
Apr 202402,17584.451.66$3,609
Mar 2024422,33180.301.55$6,974
Feb 2024302,32076.091.78$6,421
Jan 2024351,92773.023.30$8,910
Dec 2023342,32271.262.61$8,485
Nov 2023342,30777.892.81$9,125
Oct 202302,43685.443.09$7,521
Sep 2023341,51089.042.74$7,157
Aug 202301,34480.522.67$3,592
Jul 2023332,23874.852.64$8,382
Jun 2023652,28968.962.26$9,652
May 2023102,36770.622.23$5,978
Apr 2023322,34178.122.24$7,738
Mar 2023402,42372.852.39$8,713
Feb 2023332,15175.112.47$7,782
Jan 2023332,21176.533.39$10,016
Dec 2022331,97676.415.73$13,842
Nov 2022342,09185.005.65$14,696
Oct 2022332,04987.185.86$14,892
Sep 202201,97384.888.16$16,107
Aug 2022322,25894.529.13$23,634
Jul 2022322,367101.587.54$21,103
Jun 202202,400115.097.98$19,145
May 2022332,486109.378.43$24,574
Apr 2022342,335104.226.84$19,509
Mar 2022212,565108.885.08$15,307
Feb 2022291,33791.054.86$9,137
Jan 202201,89881.844.54$8,613
Dec 2021362,59771.323.90$12,694
Nov 2021732,46077.435.24$18,535
Oct 202132,70179.795.71$15,673
Sep 2021322,57669.865.35$16,019
Aug 2021402,74866.024.22$14,239
Jul 2021342,75770.783.98$13,385
Jun 2021422,65369.493.38$11,887
May 2021422,69263.483.02$10,790
Apr 2021382,69560.362.76$9,728
Mar 2021392,69161.302.72$9,702
Feb 202102,58957.805.55$14,364
Jan 202102,44450.412.81$6,868
Dec 2020371,95744.642.68$6,888
Nov 2020351,71238.772.71$5,991
Oct 202001,42436.972.48$3,529
Sep 2020371,74337.091.99$4,843
Aug 202002,38939.982.39$5,698
Jul 2020362,31538.371.83$5,606
Jun 202002,22034.901.69$3,752
May 2020251,58616.921.81$3,301
Apr 2020592,68514.751.80$5,715
Mar 2020302,64630.341.86$5,822
Feb 202002,68049.881.98$5,308
Jan 2020302,89457.252.09$7,780
Dec 2019312,50159.012.30$7,593
Nov 2019312,48255.302.75$8,542
Oct 2019272,50453.472.42$7,500
Sep 2019322,55155.052.66$8,540
Aug 201902,84253.112.30$6,549
Jul 2019272,72256.272.46$8,216
Jun 201912,54452.782.49$6,390
May 2019312,33958.482.74$8,222
Apr 2019322,83262.632.75$9,794
Mar 2019343,01556.803.06$11,163
Feb 2019342,60050.852.79$8,989
Jan 2019302,69546.033.23$10,081
Dec 2018292,48446.594.19$11,748
Nov 2018372,08852.934.24$10,806
Oct 2018383,18561.443.40$13,158
Sep 201823,32759.543.11$10,459
Aug 2018343,37959.403.07$12,382
Jul 2018273,44665.142.93$11,862
Jun 2018283,41560.183.08$12,193
May 201803,51665.382.90$10,199
Apr 2018363,39663.842.90$12,149
Mar 2018313,42261.222.79$11,434
Feb 2018323,24361.782.77$10,947
Jan 2018252,39562.874.01$11,174
Dec 2017262,23957.272.92$8,030
Nov 2017212,59255.423.12$9,247
Oct 201702,91049.292.98$8,683
Sep 2017172,63847.523.09$8,952
Aug 2017182,75945.373.00$9,106
Jul 201712,58143.873.09$8,012
Jun 2017322,93742.493.09$10,427
May 2017323,26145.373.26$12,094
Apr 2017663,27247.933.21$13,672
Mar 2017323,45446.772.98$11,802
Feb 201712,98350.452.95$8,858
Jan 2017273,52849.413.42$13,396
Dec 2016223,45548.763.72$13,935
Nov 2016183,48442.492.64$9,978
Oct 2016223,77046.193.09$12,666
Sep 201603,59641.553.10$11,150
Aug 2016223,03841.442.92$9,796
Jul 2016443,23541.622.92$11,292
Jun 201613,15045.352.69$8,506
May 20161123,66142.521.99$12,051
Apr 2016923,40836.561.99$10,149
Mar 2016673,25433.011.79$8,049
Feb 2016393,25526.472.06$7,749
Jan 2016363,28627.352.36$8,754
Dec 2015343,38732.362.00$7,879
Nov 2015323,22838.792.17$8,237
Oct 2015293,89343.552.43$10,710
Sep 2015283,85242.992.76$11,829
Aug 2015283,81640.162.87$12,086
Jul 2015313,62148.152.95$12,157
Jun 2015333,99356.152.88$13,364
May 2015294,07255.212.96$13,636
Apr 2015493,64349.822.71$12,301
Mar 2015423,83442.892.93$13,053
Feb 201553,58744.662.98$10,899
Jan 201564,11643.433.10$13,023
Dec 2014464,14754.693.59$17,409
Nov 201453,84770.464.25$16,709
Oct 2014384,27678.303.90$19,656
Sep 2014743,98486.164.05$22,493
Aug 2014454,16989.394.04$20,845
Jul 2014424,32196.564.18$22,116
Jun 2014374,40798.164.74$24,507
May 2014355,00694.734.73$26,977
Apr 2014354,34395.944.81$24,244
Mar 2014344,07095.895.06$23,841
Feb 2014314,15497.406.19$28,741
Jan 2014103,57190.404.86$18,262
Dec 2013374,60791.824.35$23,458
Nov 2013334,49488.853.74$19,732
Oct 2013324,70397.423.78$20,892
Sep 201384,736104.113.72$18,440
Aug 2013324,349104.253.52$18,656
Jul 2013314,872102.523.72$21,291
Jun 2013324,91794.403.93$22,361
May 2013375,09694.834.15$24,652
Apr 2013575,17393.964.28$27,510
Mar 2013615,61393.623.91$27,674
Feb 2013875,40291.233.42$26,411
Jan 2013915,58291.603.42$27,426
Dec 2012494,20086.773.42$18,616
Nov 2012405,31386.953.62$22,737
Oct 2012372,95889.383.40$13,363
Sep 2012154,02094.672.92$13,152
Aug 2012364,19792.662.91$15,541
Jul 2012324,61685.133.02$16,668
Jun 2012384,15279.822.52$13,492
May 2012506,28191.612.49$20,210
Apr 2012363,269101.652.00$10,187
Mar 2012574,262105.052.22$15,458
Feb 2012725,095101.102.57$20,375
Jan 2012175,09998.092.73$15,609
Dec 2011435,58196.873.24$22,246
Nov 2011405,66695.723.31$22,591
Oct 2011565,53984.983.65$24,968
Sep 2011335,44683.623.99$24,466
Aug 2011425,80083.404.15$27,569
Jul 2011425,90994.144.52$30,646
Jun 2011875,79692.904.64$34,975
May 20111016,33698.134.40$37,820
Apr 2011946,082105.964.33$36,315
Mar 2011454,74796.364.06$23,596
Feb 2011805,86585.644.18$31,367
Jan 2011826,94486.504.59$38,957
Dec 2010505,90785.734.35$29,969
Nov 2010456,06780.843.80$26,664
Oct 2010286,43578.103.51$24,767
Sep 2010275,14472.633.98$22,431
Aug 2010446,47173.684.42$31,840
Jul 2010187,17772.554.74$35,300
Jun 2010517,54770.364.91$40,647
May 2010397,98671.124.24$36,596
Apr 2010285,79481.694.12$26,174
Mar 2010382,95478.394.39$15,943
Feb 2010215,68673.585.44$32,490
Jan 2010467,19974.365.96$46,356
Dec 2009427,75771.445.48$45,538
Nov 2009467,55774.593.75$31,781
Oct 2009747,99972.544.11$38,246
Sep 20091128,21065.543.06$32,502
Aug 2009797,66967.423.22$30,009
Jul 20091318,07161.133.46$35,970
Jun 2009718,24966.163.90$36,827
May 20091889,47354.743.93$47,480
Apr 20091328,84146.773.59$37,891
Mar 200911910,00542.144.06$45,625
Feb 2009849,74832.814.63$47,919
Jan 20097711,48835.865.37$64,463
Dec 20088212,03437.105.98$74,971
Nov 200811312,21155.496.86$90,042
Oct 20088913,05675.246.92$97,070
Sep 20087511,772101.767.88$100,361
Aug 200812314,107114.228.48$133,719
Jul 20089615,586131.0811.39$190,099
Jun 200810617,007131.3313.03$235,567
May 200817920,353123.1711.57$257,619
Apr 200814213,924110.3110.45$161,237
Mar 200822117,117101.909.66$187,940
Feb 200823718,20692.538.77$181,607
Jan 200831922,33490.388.21$212,098
Dec 200734025,18188.337.30$213,903
Nov 200716645,07591.677.29$343,891
Oct 20075719,70482.856.92$141,113

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             5 bbl  × $106.41 =       $532
Gas                1,995 Mcf  × $  3.05 =     $6,076

────────────────────────────────────────────────────
Month total                                   $6,609

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/234102 is the state's own key, not one this site invented.