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 82600District 06Field 16032174NGPA filingCondensateGasSaveExport
Value, all time
$1.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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
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
CondensateDisposition8,176 bbl$208,738
GasProduction490,373 Mcf$1,120,749
Total$1,329,487

209,781 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 32.0584, -94.2822. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.05837, -94.28223 · 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
9,408 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 9,408 ft.

Completions filed
May 1979
1 of 1 wells

1 well

42-3653086029,408 ftMay 1979

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
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 20250262.363.54$7
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 202304174.852.64$108
Jun 202303268.962.26$72
May 202302970.622.23$65
Apr 20230178.122.24$2
Mar 2023017872.852.39$426
Feb 20230075.112.47$0
Jan 2023027276.533.39$921
Dec 202204976.415.73$281
Nov 202201785.005.65$96
Oct 20220387.185.86$18
Sep 2022020284.888.16$1,649
Aug 20220094.529.13$0
Jul 2022036101.587.54$272
Jun 20220181115.097.98$1,444
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 20220199108.885.08$1,010
Feb 20220091.054.86$0
Jan 2022033381.844.54$1,511
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 202103266.024.22$135
Jul 202102370.783.98$92
Jun 2021011269.493.38$379
May 202104863.483.02$145
Apr 202106860.362.76$188
Mar 2021012161.302.72$329
Feb 2021024957.805.55$1,381
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 2020016538.772.71$447
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 202009039.982.39$215
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 2020025430.341.86$471
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 2019039959.012.30$919
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 20180046.594.19$0
Nov 20180052.934.24$0
Oct 2018047361.443.40$1,607
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20152043.552.43$87
Sep 2015224542.992.76$762
Aug 20151040.162.87$40
Jul 2015028048.152.95$825
Jun 20150056.152.88$0
May 20152055.212.96$110
Apr 2015326749.822.71$872
Mar 20155042.892.93$214
Feb 20150244.662.98$6
Jan 2015032243.433.10$998
Dec 20143054.693.59$164
Nov 20140070.464.25$0
Oct 2014729478.303.90$1,695
Sep 20141086.164.05$86
Aug 201403189.394.04$125
Jul 2014112196.564.18$602
Jun 20143898.164.74$332
May 20141494.734.73$114
Apr 201401295.944.81$58
Mar 2014082795.895.06$4,182
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130291.824.35$9
Nov 2013023588.853.74$879
Oct 20130497.423.78$15
Sep 20130399104.113.72$1,483
Aug 2013032104.253.52$113
Jul 20130204102.523.72$758
Jun 2013017794.403.93$696
May 20130394.834.15$12
Apr 2013021493.964.28$916
Mar 2013021693.623.91$845
Feb 2013010891.233.42$369
Jan 2013025991.603.42$886
Dec 201201786.773.42$58
Nov 2012022486.953.62$812
Oct 20120289.383.40$7
Sep 2012021194.672.92$616
Aug 2012024292.662.91$704
Jul 20120085.133.02$0
Jun 2012222879.822.52$734
May 2012131191.612.49$865
Apr 20120114101.652.00$228
Mar 20122222105.052.22$703
Feb 20124247101.102.57$1,039
Jan 20120398.092.73$8
Dec 2011127696.873.24$991
Nov 201112495.723.31$175
Oct 2011232984.983.65$1,370
Sep 2011132283.623.99$1,367
Aug 201106283.404.15$257
Jul 20111094.144.52$94
Jun 201145492.904.64$622
May 2011537498.134.40$2,138
Apr 2011576105.964.33$859
Mar 2011325796.364.06$1,332
Feb 2011523285.644.18$1,398
Jan 201157686.504.59$781
Dec 2010619785.734.35$1,371
Nov 20101526480.843.80$2,215
Oct 2010173378.103.51$1,443
Sep 20102026072.633.98$2,487
Aug 20101521373.684.42$2,047
Jul 20104072.554.74$290
Jun 20102625870.364.91$3,096
May 20102128771.124.24$2,709
Apr 201016281.694.12$1,315
Mar 20102129678.394.39$2,945
Feb 2010813973.585.44$1,345
Jan 2010213774.365.96$966
Dec 20092471.445.48$165
Nov 2009123874.593.75$967
Oct 2009014272.544.11$584
Sep 2009018965.543.06$579
Aug 20090067.423.22$0
Jul 2009022761.133.46$786
Jun 20090066.163.90$0
May 2009024354.743.93$954
Apr 2009215246.773.59$639
Mar 2009111742.144.06$517
Feb 20091175932.814.63$3,877
Jan 200991,66335.865.37$9,255
Dec 200891,45137.105.98$9,007
Nov 2008101,19155.496.86$8,726
Oct 200891,33775.246.92$9,932
Sep 2008810101.767.88$893
Aug 2008121,412114.228.48$13,349
Jul 2008101,360131.0811.39$16,800
Jun 2008101,410131.3313.03$19,689
May 2008151,641123.1711.57$20,841
Apr 2008201,365110.3110.45$16,477
Mar 2008102,079101.909.66$21,111
Feb 20080092.538.77$0
Jan 20082190.388.21$189
Dec 20071556988.337.30$5,480
Nov 2007611,65191.677.29$17,630
Oct 2007591,74482.856.92$16,960
Sep 2007291,83975.846.24$13,682
Aug 2007211,67469.066.39$12,144
Jul 2007201,66370.906.39$12,041
Jun 2007151,82762.007.55$14,721
May 200731,65458.747.85$13,154
Apr 200701,82159.617.81$14,213
Mar 200702,89756.927.30$21,154
Feb 200701,76055.108.22$14,460
Jan 200701,96050.306.73$13,185
Dec 2006342,02256.656.92$15,915
Nov 20062011,88254.207.62$25,230
Oct 20062262,66354.906.01$28,422
Sep 20062191660.085.04$5,876
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 2006352766.016.42$3,584
Apr 200601,46064.397.36$10,746
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 2005026558.3413.80$3,656
Sep 2005031061.4512.08$3,744
Aug 2005037861.519.80$3,703
Jul 200501655.697.84$126
Jun 2005326252.337.38$2,091
May 2005050745.226.65$3,372
Apr 2005618449.207.36$1,650
Mar 2005015950.377.15$1,138
Feb 2005013145.226.31$827
Jan 2005627443.166.32$1,991
Dec 2004013739.866.75$925
Nov 2004030645.286.33$1,937
Oct 2004817049.706.52$1,505
Sep 200403143.245.28$164
Aug 2004013642.375.55$755
Jul 20042927638.286.08$2,789
Jun 200404036.106.43$257
May 2004611,62037.486.49$12,808
Apr 200401,94134.475.86$11,371
Mar 2004682,01934.365.53$13,502
Feb 2004651,88632.455.51$12,500
Jan 200402,01032.036.30$12,662
Dec 2003682,01230.266.30$14,737
Nov 2003652,02228.804.60$11,163
Oct 200312,22728.174.76$10,628
Sep 2003772,02026.314.75$11,620
Aug 200302,13329.765.13$10,942
Jul 2003612,12829.415.17$12,798
Jun 2003572,14128.565.98$14,437
May 200302,03126.595.97$12,131
Apr 2003421,92426.675.41$11,524
Mar 2003382,01831.146.10$13,485
Feb 2003481,75833.487.93$15,541
Jan 200301,90530.315.58$10,634
Dec 2002411,95426.914.85$10,588
Nov 2002432,05824.664.14$9,574
Oct 200212,23126.464.23$9,462
Sep 2002382,11327.443.64$8,724
Aug 200202,11525.963.16$6,692
Jul 2002382,19124.583.06$7,642
Jun 2002392,09123.733.34$7,906
May 200211,97524.663.58$7,103
Apr 2002361,79523.653.51$7,156
Mar 2002371,99222.003.10$6,995
Feb 2002331,79218.222.38$4,858
Jan 2002322,05317.172.38$5,427
Dec 2001642,31016.932.36$6,545
Nov 2001162,42318.072.41$6,118
Oct 2001434319.782.53$947
Sep 2001339824.262.25$969
Aug 20011727824.873.05$1,272
Jul 2001169223.933.20$677
Jun 2001818624.563.82$908
May 2001423425.524.31$1,110
Apr 2001426824.685.34$1,529
Mar 2001420024.545.38$1,173
Feb 2001019927.755.77$1,148
Jan 2001111027.478.40$951
Dec 2000311926.889.12$1,166
Nov 200033332.215.66$283
Oct 2000827531.235.15$1,665
Sep 20002856331.875.19$3,812
Aug 200013,07629.644.54$13,997
Jul 2000242,23828.534.09$9,838
Jun 2000303,22329.304.40$15,051
May 2000303,31227.263.68$13,005
Apr 2000623,18024.513.12$11,429
Mar 2000333,39128.422.86$10,635
Feb 2000313,26727.622.73$9,764
Jan 2000332,88725.272.48$7,995
Dec 1999293,19624.282.42$8,450
Nov 1999213,23023.192.43$8,349
Oct 1999153,26120.982.80$9,458
Sep 1999153,18121.752.62$8,657
Aug 1999153,26219.262.88$9,669
Jul 1999173,14017.892.37$7,753
Jun 1999153,33315.942.36$8,112
May 1999333,41815.792.32$8,454
Apr 1999173,24715.102.21$7,426
Mar 1999173,13612.471.84$5,977
Feb 1999143,0049.981.82$5,600
Jan 1999163,30310.381.90$6,442
Dec 1998323,3329.201.77$6,203
Nov 1998272,75810.892.19$6,322
Oct 1998343,44712.421.97$7,210
Sep 1998343,23512.592.08$7,165
Aug 1998653,59911.301.91$7,599
Jul 1998344,16411.742.24$9,715
Jun 1998193,26311.242.24$7,514
May 1998183,63012.622.21$8,236
Apr 1998613,16213.042.51$8,717
Mar 1998333,43912.802.31$8,365
Feb 1998752,92713.952.30$7,776
Jan 1998772,92114.702.15$7,426
Dec 1997833,75416.322.41$10,406
Nov 1997803,71718.193.09$12,934
Oct 1997373,85819.253.15$12,864
Sep 1997383,86717.742.95$12,101
Aug 1997563,77517.862.55$10,644
Jul 1997653,96817.582.25$10,059
Jun 1997903,68317.242.26$9,865
May 1997413,69218.972.31$9,301
Apr 1997363,92617.882.08$8,821
Mar 1997794,21518.951.94$9,671
Feb 1997383,68820.492.21$8,914
Jan 1997684,13523.483.54$16,233
Dec 1996664,18023.32$1,539
Nov 1996354,21321.97$769
Oct 1996434,13723.31$1,002
Sep 1996394,25322.22$867
Aug 1996444,58620.26$891
Jul 1996784,72119.55$1,525
Jun 1996873,84918.73$1,630
May 199604,31619.43$0
Apr 19961054,07421.51$2,259
Mar 1996984,08919.38$1,899
Feb 199603,66716.98$0
Jan 1996974,21817.07$1,656
Dec 1995774,19717.19$1,324
Nov 1995694,13516.00$1,104
Oct 199504,34215.43$0
Sep 1995654,27716.18$1,052
Aug 1995704,45315.92$1,114
Jul 199504,29715.24$0
Jun 1995934,15616.41$1,526
May 1995934,13217.56$1,633
Apr 199503,56317.73$0
Mar 19951003,86816.44$1,644
Feb 19951173,67216.58$1,940
Jan 19951283,93815.92$2,038
Dec 19941394,31615.03$2,089
Nov 199412,45415.90$16
Oct 199404,45815.58$0
Sep 19941284,30415.29$1,957
Aug 1994994,62716.13$1,597
Jul 199404,06717.56$0
Jun 199434,46617.09$51
May 19941014,37515.88$1,604
Apr 1994974,25914.14$1,372
Mar 19941104,79612.46$1,371
Feb 19942704,31012.50$3,375
Jan 19941675,08112.66$2,114
Dec 19931714,12212.33$2,108
Nov 19931554,78814.49$2,246
Oct 19933064,30115.85$4,850
Sep 199304,51515.03$0
Aug 19931434,94815.66$2,239
Jul 199325,56315.46$31
Jun 19931464,78316.79$2,451
May 199304,83317.68$0
Apr 19931445,52818.05$2,599
Mar 19931465,29318.14$2,648
Feb 19932414,73417.90$4,314
Jan 1993975,52716.93$1,642

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 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 62.36 =         $0
Gas                    2 Mcf  × $  3.54 =         $7

────────────────────────────────────────────────────
Month total                                       $7

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/82600 is the state's own key, not one this site invented.