PEPPER GAS UNIT 1

Operated by FORTUNE RESOURCES LLC (P-5 278755) in the WOODLAWN, SW. (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 256515District 06Field 985704002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.8 M
May 2010 – May 2026
Value, last 12 filed months
$155 k
at the published price for each month
Months reported
193
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 68 leases and 68 wells, and the rule below applies to all of them.

Discovered
1977-10-20
as the register files it
Field class
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 20 acres. The field rule took effect on 2014-11-13.

The Commission's schedule remark for this field reads: ADOPTED, BUT REMAINS SUSPENDED.

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 Gas112010-07-27198676
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
CondensateDisposition7,982 bbl$613,515
GasProduction1,960,847 Mcf$7,226,670
Total$7,840,185

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 32.5167, -94.3990. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.51669, -94.39903 · 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
10,086 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 10,086 ft.

Completions filed
May 2010
1 of 1 wells

1 well

42-203347937H10,086 ftMay 2010

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 (193)

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

193 months

May 202600106.413.05$0
Apr 202603,24598.932.87$9,312
Mar 202603,75489.753.15$11,823
Feb 202604,34863.503.75$16,306
Jan 202603,42859.138.00$27,417
Dec 202503,87756.664.41$17,111
Nov 202503,42758.593.93$13,456
Oct 202503,54459.383.30$11,712
Sep 202503,93462.743.08$12,105
Aug 202504,00963.933.01$12,086
Jul 202503,57466.743.32$11,849
Jun 202503,72566.483.13$11,654
May 202504,61760.553.23$14,924
Apr 202503,90162.363.54$13,822
Mar 202503,96567.704.27$16,924
Feb 202503,28570.884.34$14,260
Jan 202503,96274.324.28$16,952
Dec 202402,65768.993.12$8,293
Nov 202405,44069.052.20$11,960
Oct 202403,52271.372.28$8,035
Sep 202403,57969.612.36$8,462
Aug 202403,10075.632.06$6,397
Jul 202404,07779.932.15$8,752
Jun 202403,29878.082.63$8,687
May 2024903,93178.812.20$15,735
Apr 202403,50584.451.66$5,816
Mar 202403,79380.301.55$5,861
Feb 202403,74176.091.78$6,673
Jan 202404,12373.023.30$13,596
Dec 202303,74371.262.61$9,772
Nov 202302,83677.892.81$7,962
Oct 202304,27885.443.09$13,207
Sep 202303,54789.042.74$9,701
Aug 202303,62780.522.67$9,695
Jul 202304,30474.852.64$11,370
Jun 202303,74568.962.26$8,458
May 202303,83770.622.23$8,547
Apr 202303,86378.122.24$8,644
Mar 202304,49172.852.39$10,748
Feb 20231764,19375.112.47$23,558
Jan 202304,85476.533.39$16,444
Dec 2022784,21076.415.73$30,079
Nov 202204,07285.005.65$22,991
Oct 2022794,75087.185.86$34,740
Sep 202204,62684.888.16$37,765
Aug 202205,44094.529.13$49,652
Jul 202205,864101.587.54$44,227
Jun 202204,443115.097.98$35,443
May 202202,122109.378.43$17,895
Apr 202205,202104.226.84$35,569
Mar 202205,878108.885.08$29,839
Feb 202203,92091.054.86$19,047
Jan 202229,08881.844.54$41,402
Dec 20210071.323.90$0
Nov 202105,02677.435.24$26,320
Oct 20211686,07779.795.71$48,128
Sep 202116,15869.865.35$33,021
Aug 202113,82166.024.22$16,193
Jul 202125,31670.783.98$21,310
Jun 202144,04269.493.38$13,942
May 202125,47963.483.02$16,661
Apr 202125,66760.362.76$15,753
Mar 202125,15361.302.72$14,123
Feb 202132,54157.805.55$14,271
Jan 20211715,79050.412.81$24,892
Dec 202036,78844.642.68$18,295
Nov 202002,23738.772.71$6,055
Oct 202026,46836.972.48$16,104
Sep 202047,25837.091.99$14,599
Aug 202024,92039.982.39$11,815
Jul 202034,81238.371.83$8,898
Jun 20201764,99334.901.69$14,582
May 202005,19916.921.81$9,435
Apr 202014,99914.751.80$9,035
Mar 202015,27530.341.86$9,822
Feb 202024,60849.881.98$9,227
Jan 202025,68657.252.09$12,025
Dec 201915,38959.012.30$12,477
Nov 201924,27155.302.75$11,859
Oct 201914,54953.472.42$11,055
Sep 201925,03255.052.66$13,482
Aug 201925,38453.112.30$12,513
Jul 201915,62456.272.46$13,892
Jun 20191595,09152.782.49$21,075
May 201916,05658.482.74$16,654
Apr 201925,81562.632.75$16,121
Mar 201945,98956.803.06$18,566
Feb 201935,86050.852.79$16,515
Jan 201935,27646.033.23$17,170
Dec 201825,81346.594.19$24,423
Nov 201816,27052.934.24$26,620
Oct 201816,39461.443.40$21,789
Sep 201815,91359.543.11$18,437
Aug 201816,44759.403.07$19,830
Jul 20181806,56465.142.93$30,970
Jun 201806,46860.183.08$19,902
May 201805,97965.382.90$17,344
Apr 201816,27063.842.90$18,252
Mar 201806,33861.222.79$17,663
Feb 201835,93661.782.77$16,605
Jan 201816,93662.874.01$27,872
Dec 201716,82057.272.92$19,982
Nov 201716,47955.423.12$20,259
Oct 201716,88849.292.98$20,601
Sep 201737,11547.523.09$22,109
Aug 201706,06345.373.00$18,216
Jul 201727,05043.873.09$21,853
Jun 201717,58842.493.09$23,469
May 20171738,11445.373.26$34,328
Apr 201707,92947.933.21$25,465
Mar 201707,22946.772.98$21,569
Feb 201726,65350.452.95$19,745
Jan 201728,69449.413.42$29,822
Dec 201608,71048.763.72$32,426
Nov 20161717,29242.492.64$26,548
Oct 201607,86746.193.09$24,311
Sep 201605,51541.553.10$17,100
Aug 201609,87241.442.92$28,869
Jul 201617,99341.622.92$23,416
Jun 201607,34545.352.69$19,727
May 2016977,95942.521.99$19,971
Apr 201608,58836.561.99$17,099
Mar 2016010,14633.011.79$18,202
Feb 2016014,01226.472.06$28,916
Jan 20160027.352.36$0
Dec 2015071832.362.00$1,437
Nov 201508,53838.792.17$18,505
Oct 201509,03843.552.43$21,931
Sep 2015808,78642.992.76$27,675
Aug 201508,99340.162.87$25,832
Jul 201509,11948.152.95$26,856
Jun 201528,98256.152.88$26,006
May 2015869,56455.212.96$33,014
Apr 2015108,95349.822.71$24,730
Mar 201509,71242.892.93$28,502
Feb 201518,37744.662.98$24,976
Jan 201509,70843.433.10$30,101
Dec 2014010,30554.693.59$37,009
Nov 201409,59070.464.25$40,775
Oct 2014010,34878.303.90$40,367
Sep 20149610,05786.164.05$48,956
Aug 2014210,98389.394.04$44,497
Jul 2014010,94296.564.18$45,733
Jun 201411310,81898.164.74$62,336
May 2014011,08894.734.73$52,408
Apr 2014010,97995.944.81$52,799
Mar 2014311,21095.895.06$56,974
Feb 2014310,59197.406.19$65,872
Jan 2014111,44590.404.86$55,721
Dec 201311611,93391.824.35$62,613
Nov 2013011,87688.853.74$44,396
Oct 2013012,92397.423.78$48,841
Sep 2013112,530104.113.72$46,687
Aug 20138513,095104.253.52$54,990
Jul 2013114,006102.523.72$52,173
Jun 2013112,32594.403.93$48,574
May 20136614,40194.834.15$66,010
Apr 2013013,50393.964.28$57,828
Mar 2013114,87693.623.91$58,301
Feb 201319013,43691.233.42$63,284
Jan 2013014,85091.603.42$50,786
Dec 20129216,13786.773.42$63,174
Nov 2012115,02986.953.62$54,566
Oct 201216815,06689.383.40$66,235
Sep 2012115,31994.672.92$44,802
Aug 2012116,58292.662.91$48,316
Jul 201213916,55285.133.02$61,833
Jun 2012017,30079.822.52$43,579
May 201214618,33491.612.49$58,996
Apr 2012117,911101.652.00$35,866
Mar 201211819,186105.052.22$55,029
Feb 201217018,289101.102.57$64,194
Jan 2012220,16598.092.73$55,329
Dec 201117020,74896.873.24$83,686
Nov 2011020,77895.723.31$68,802
Oct 201116722,32384.983.65$95,638
Sep 2011222,37783.623.99$89,357
Aug 201115024,30283.404.15$113,347
Jul 201116425,07094.144.52$128,686
Jun 2011525,45492.904.64$118,568
May 201113627,70398.134.40$135,372
Apr 201117427,970105.964.33$139,639
Mar 201118430,13396.364.06$139,990
Feb 201118428,39185.644.18$134,432
Jan 201116233,31886.504.59$166,902
Dec 201018334,97485.734.35$167,747
Nov 201016735,10480.843.80$146,732
Oct 201018238,40478.103.51$148,970
Sep 201018341,82972.633.98$179,749
Aug 201032951,18673.684.42$250,450
Jul 201053566,78972.554.74$355,160
Jun 20101,04789,64170.364.91$513,840
May 201035747,69371.124.24$227,380

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.

Apr 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                3,245 Mcf  × $  2.87 =     $9,312

────────────────────────────────────────────────────
Month total                                   $9,312

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/256515 is the state's own key, not one this site invented.