PEPPER, J. R. GAS UNIT

Operated by VERADO ENERGY, INC. (P-5 884563) in the OAK HILL (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 98277District 06Field 66461275NGPA filingCondensateGasSaveExport
Value, all time
$1.8 M
Jan 1993 – Jun 2019
Value, last 12 filed months
$23 k
at the published price for each month
Months reported
318
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 2,275 leases and 2,276 wells, and the rule below applies to all of them.

Discovered
1976-11-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 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 2018-03-20.

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
CondensateDisposition1,730 bbl$57,153
GasProduction502,030 Mcf$1,783,197
Total$1,840,350

120,000 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 32.3171, -94.6106. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.31707, -94.61059 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
10,532 ft
1 wells filed one
Completion to plug
37.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 10,532 ft.

Completions filed
Feb 1982
1 of 1 wells
Plug dates filed
Jun 2019
1 of 1 wells

Last completion to plug: a median of 37.3 years across the 1 well that filed both dates, with the middle half between 37.3 years and 37.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-40131313310,532 ftFeb 1982Jun 2019Yes

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 (318)

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

318 months

Jun 2019314152.782.49$1,738
May 2019055458.482.74$1,518
Apr 2019052962.632.75$1,455
Mar 2019059456.803.06$1,819
Feb 2019053850.852.79$1,502
Jan 2019051846.033.23$1,672
Dec 2018062646.594.19$2,620
Nov 2018066352.934.24$2,809
Oct 2018057861.443.40$1,964
Sep 2018067659.543.11$2,101
Aug 2018071059.403.07$2,177
Jul 2018067565.142.93$1,979
Jun 2018086060.183.08$2,646
May 2018089965.382.90$2,608
Apr 2018141363.842.90$1,262
Mar 2018048261.222.79$1,343
Feb 2018046661.782.77$1,289
Jan 2018039562.874.01$1,584
Dec 2017046257.272.92$1,350
Nov 2017053655.423.12$1,671
Oct 2017060249.292.98$1,796
Sep 2017060947.523.09$1,880
Aug 2017062345.373.00$1,872
Jul 2017061443.873.09$1,896
Jun 2017068542.493.09$2,115
May 2017086845.373.26$2,833
Apr 2017059247.933.21$1,901
Mar 2017059846.772.98$1,784
Feb 2017051950.452.95$1,532
Jan 2017052649.413.42$1,798
Dec 2016051748.763.72$1,925
Nov 2016056442.492.64$1,491
Oct 2016059846.193.09$1,848
Sep 2016062741.553.10$1,944
Aug 2016063541.442.92$1,857
Jul 2016068241.622.92$1,994
Jun 2016073745.352.69$1,979
May 2016071042.521.99$1,414
Apr 2016074836.561.99$1,489
Mar 2016069133.011.79$1,240
Feb 2016064126.472.06$1,323
Jan 2016060927.352.36$1,440
Dec 2015061132.362.00$1,223
Nov 2015064938.792.17$1,407
Oct 2015074043.552.43$1,796
Sep 2015072442.992.76$1,997
Aug 2015076640.162.87$2,200
Jul 2015062448.152.95$1,838
Jun 2015055956.152.88$1,612
May 2015054955.212.96$1,623
Apr 2015051149.822.71$1,383
Mar 2015052842.892.93$1,550
Feb 2015047444.662.98$1,411
Jan 2015058643.433.10$1,817
Dec 2014079054.693.59$2,837
Nov 2014082670.464.25$3,512
Oct 201401,04278.303.90$4,065
Sep 201401,12586.164.05$4,551
Aug 2014073189.394.04$2,950
Jul 20142059896.564.18$4,431
Jun 2014069798.164.74$3,302
May 2014063594.734.73$3,001
Apr 2014045995.944.81$2,207
Mar 2014043595.895.06$2,200
Feb 2014046697.406.19$2,885
Jan 2014054790.404.86$2,659
Dec 2013053691.824.35$2,334
Nov 2013067088.853.74$2,505
Oct 2013061697.423.78$2,328
Sep 20130570104.113.72$2,119
Aug 20130633104.253.52$2,230
Jul 20130638102.523.72$2,372
Jun 2013072194.403.93$2,836
May 2013075194.834.15$3,116
Apr 2013071593.964.28$3,062
Mar 2013078893.623.91$3,083
Feb 2013069391.233.42$2,370
Jan 2013073391.603.42$2,507
Dec 2012064686.773.42$2,209
Nov 2012069786.953.62$2,527
Oct 2012082389.383.40$2,798
Sep 2012086694.672.92$2,527
Aug 2012098292.662.91$2,856
Jul 201201,23385.133.02$3,725
Jun 2012311,10479.822.52$5,255
May 2012082091.612.49$2,040
Apr 20121696101.652.00$1,491
Mar 20120713105.052.22$1,584
Feb 20120709101.102.57$1,822
Jan 2012074698.092.73$2,040
Dec 2011074496.873.24$2,410
Nov 2011070295.723.31$2,325
Oct 2011075284.983.65$2,744
Sep 2011074583.623.99$2,969
Aug 2011080783.404.15$3,349
Jul 2011188894.144.52$4,105
Jun 2011094292.904.64$4,371
May 201101,04198.134.40$4,585
Apr 20110805105.964.33$3,488
Mar 2011090496.364.06$3,668
Feb 2011084485.644.18$3,528
Jan 20112889286.504.59$6,515
Dec 2010094385.734.35$4,100
Nov 2010090180.843.80$3,420
Oct 201001,05578.103.51$3,702
Sep 201011,07072.633.98$4,331
Aug 201001,11973.684.42$4,945
Jul 201001,10772.554.74$5,243
Jun 201001,30170.364.91$6,388
May 201001,32971.124.24$5,629
Apr 20102787581.694.12$5,813
Mar 2010085278.394.39$3,739
Feb 2010081473.585.44$4,430
Jan 201001,05274.365.96$6,274
Dec 200901,24171.445.48$6,805
Nov 200901,20474.593.75$4,517
Oct 200901,35972.544.11$5,586
Sep 2009086165.543.06$2,639
Aug 200901,12767.423.22$3,627
Jul 200901,04761.133.46$3,627
Jun 2009231,03166.163.90$5,537
May 2009097554.743.93$3,828
Apr 2009086946.773.59$3,118
Mar 2009093442.144.06$3,791
Feb 2009099532.814.63$4,610
Jan 2009099235.865.37$5,328
Dec 2008079837.105.98$4,770
Nov 200801,08055.496.86$7,409
Oct 200801,02375.246.92$7,081
Sep 2008271,076101.767.88$11,223
Aug 200801,152114.228.48$9,772
Jul 200801,466131.0811.39$16,697
Jun 200801,323131.3313.03$17,242
May 200811,213123.1711.57$14,163
Apr 20080802110.3110.45$8,385
Mar 20080805101.909.66$7,780
Feb 200801,23792.538.77$10,849
Jan 200801,34090.388.21$10,996
Dec 200701,30588.337.30$9,529
Nov 200701,31291.677.29$9,567
Oct 200701,67682.856.92$11,601
Sep 200701,13575.846.24$7,087
Aug 2007321,72169.066.39$13,204
Jul 200701,67770.906.39$10,713
Jun 200711,52862.007.55$11,596
May 200701,64358.747.85$12,891
Apr 200701,12759.617.81$8,796
Mar 2007351,46756.927.30$12,704
Feb 200701,23755.108.22$10,163
Jan 200701,42750.306.73$9,599
Dec 2006301,48656.656.92$11,980
Nov 200621,69854.207.62$13,043
Oct 200611,86654.906.01$11,277
Sep 200601,78860.085.04$9,007
Aug 2006181,53868.717.34$12,526
Jul 200692,02969.376.34$13,494
Jun 200602,14566.286.38$13,693
May 2006191,65866.016.42$11,907
Apr 200601,93264.397.36$14,220
Mar 200601,86656.707.08$13,217
Feb 200601,92357.597.75$14,905
Jan 200601,85360.598.93$16,553
Dec 2005201,79054.9413.42$25,112
Nov 200501,71954.6910.59$18,201
Oct 200501,89358.3413.80$26,115
Sep 200502,01561.4512.08$24,339
Aug 200501,51161.519.80$14,803
Jul 200501,86355.697.84$14,613
Jun 2005231,75352.337.38$14,143
May 200502,33545.226.65$15,530
Apr 2005261,96449.207.36$15,735
Mar 200502,10750.377.15$15,075
Feb 200502,34445.226.31$14,795
Jan 200502,07643.166.32$13,125
Dec 2004252,12839.866.75$15,363
Nov 200402,31745.286.33$14,668
Oct 200402,25649.706.52$14,698
Sep 200402,36543.245.28$12,496
Aug 2004252,33442.375.55$14,014
Jul 200401,99238.286.08$12,120
Jun 200402,04236.106.43$13,136
May 200402,28537.486.49$14,840
Apr 2004352,88334.475.86$18,096
Mar 200401,68034.365.53$9,291
Feb 200401,76932.455.51$9,747
Jan 2004221,75132.036.30$11,735
Dec 200302,45430.266.30$15,464
Nov 2003312,11528.804.60$10,612
Oct 200301,86528.174.76$8,877
Sep 200301,84026.314.75$8,739
Aug 200302,07129.765.13$10,624
Jul 200302,24229.415.17$11,593
Jun 2003232,33028.565.98$14,597
May 200302,60426.595.97$15,553
Apr 2003252,69326.675.41$15,229
Mar 2003222,18331.146.10$13,993
Feb 200302,08533.487.93$16,525
Jan 200302,41430.315.58$13,475
Dec 2002212,36426.914.85$12,039
Nov 2002242,82624.664.14$12,283
Oct 200202,70626.464.23$11,444
Sep 200202,29927.443.64$8,357
Aug 2002202,04425.963.16$6,987
Jul 200202,23724.583.06$6,849
Jun 2002232,53123.733.34$8,995
May 200202,73824.663.58$9,813
Apr 200202,31723.653.51$8,138
Mar 2002202,37322.003.10$7,803
Feb 2002202,10718.222.38$5,370
Jan 200202,23517.172.38$5,310
Dec 2001192,17216.932.36$5,457
Nov 200112,06618.072.41$4,988
Oct 2001212,55619.782.53$6,879
Sep 2001212,27824.262.25$5,638
Aug 200102,55124.873.05$7,789
Jul 200112,82023.933.20$9,040
Jun 200102,45624.563.82$9,392
May 2001192,58525.524.31$11,619
Apr 200103,12824.685.34$16,689
Mar 2001182,69224.545.38$14,915
Feb 200102,64227.755.77$15,237
Jan 2001453,20327.478.40$28,137
Dec 200002,86826.889.12$26,163
Nov 2000243,95132.215.66$23,128
Oct 200002,39131.235.15$12,303
Sep 2000213,55331.875.19$19,097
Aug 2000142,51229.644.54$11,821
Jul 2000121,50928.534.09$6,514
Jun 2000101,57329.304.40$7,210
May 2000101,60627.263.68$6,182
Apr 2000101,65824.513.12$5,411
Mar 2000181,75828.422.86$5,539
Feb 200081,61727.622.73$4,630
Jan 200081,75225.272.48$4,548
Dec 1999122,63624.282.42$6,680
Nov 199951,65623.192.43$4,147
Oct 1999111,78420.982.80$5,233
Sep 199901,78721.752.62$4,680
Aug 1999171,84719.262.88$5,639
Jul 199902,02917.892.37$4,814
Jun 1999111,73615.942.36$4,276
May 199911,92115.792.32$4,474
Apr 199991,99615.102.21$4,543
Mar 1999652,09612.471.84$4,664
Feb 199902,2429.981.82$4,075
Jan 199902,39310.381.90$4,547
Dec 199802,0899.201.77$3,704
Nov 199802,28810.892.19$5,001
Oct 199802,59212.421.97$5,104
Sep 199802,83212.592.08$5,898
Aug 199803,62311.301.91$6,910
Jul 199803,64111.742.24$8,146
Jun 199801,66511.242.24$3,725
May 199801,76112.622.21$3,885
Apr 199801,71013.042.51$4,284
Mar 1998431,83912.802.31$4,797
Feb 199801,56113.952.30$3,589
Jan 199801,72314.702.15$3,713
Dec 199791,71516.322.41$4,282
Nov 199701,61618.193.09$4,991
Oct 199701,76019.253.15$5,544
Sep 199701,77817.742.95$5,254
Aug 199701,93417.862.55$4,941
Jul 199702,00717.582.25$4,510
Jun 199701,32917.242.26$3,000
May 1997492,29018.972.31$6,216
Apr 199701,68917.882.08$3,518
Mar 199701,92718.951.94$3,737
Feb 199701,56120.492.21$3,443
Jan 199701,78323.483.54$6,311
Dec 199602,31023.32$0
Nov 199601,85721.97$0
Oct 199602,11023.31$0
Sep 199602,00822.22$0
Aug 199602,33120.26$0
Jul 1996522,24419.55$1,017
Jun 199602,11318.73$0
May 199602,27019.43$0
Apr 199602,27021.51$0
Mar 199602,48719.38$0
Feb 1996372,83916.98$628
Jan 199602,27317.07$0
Dec 1995582,51417.19$997
Nov 199502,58516.00$0
Oct 199502,84415.43$0
Sep 199502,74816.18$0
Aug 1995472,59915.92$748
Jul 199502,42415.24$0
Jun 199502,55516.41$0
May 199502,68317.56$0
Apr 199502,31717.73$0
Mar 199502,21916.44$0
Feb 199522,00616.58$33
Jan 199502,38715.92$0
Dec 199402,38215.03$0
Nov 199402,61215.90$0
Oct 199401,88915.58$0
Sep 199402,05815.29$0
Aug 199402,54916.13$0
Jul 1994592,42817.56$1,036
Jun 199432,31217.09$51
May 199402,46415.88$0
Apr 199402,62214.14$0
Mar 199402,23412.46$0
Feb 199402,38112.50$0
Jan 199402,75512.66$0
Dec 1993342,96812.33$419
Nov 199303,08514.49$0
Oct 1993992,87115.85$1,569
Sep 199302,73115.03$0
Aug 199302,91415.66$0
Jul 199302,97215.46$0
Jun 199302,79116.79$0
May 199302,84117.68$0
Apr 199392,75918.05$162
Mar 199302,80718.14$0
Feb 199302,66717.90$0
Jan 1993742,91516.93$1,253

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.

Jun 2019 — as filed, then multipliedworked
Condensate            31 bbl  × $ 52.78 =     $1,636
Gas                   41 Mcf  × $  2.49 =       $102

────────────────────────────────────────────────────
Month total                                   $1,738

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/98277 is the state's own key, not one this site invented.