PEEPLES

Operated by R. LACY SERVICES, LTD. (P-5 687208) in the CARTHAGE (TRAVIS PEAK 6400) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 10253District 06Field 16032928NGPA filingOilCasinghead gasSaveExport
Value, all time
$976 k
Jan 1993 – Nov 2022
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
359
no gaps in the span
Streams
2
oil, casinghead 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 138 leases and 168 wells, and the rule below applies to all of them.

Discovered
1956-03-12
as the register files it
Field class
Oil and gas
the register's own label
Between wells
500 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2011-04-05.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
NGPA2none

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
OilDisposition26,609 bbl$934,517
Casinghead gasProduction17,931 Mcf$41,827
Total$976,344

22 Mcf of this lease's gas, across 22 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 (2)

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 32.2051, -94.4273. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

32.20514, -94.42728 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
6,797 ft
2 wells filed one
Completion to plug
21.8 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 6,794 and 6,800 ft, median 6,797 ft, over the 2 wells that filed a depth.

Completions filed
Jan 1980 – May 1997
2 of 2 wells
Plug dates filed
Mar 1998 – Aug 2022
2 of 2 wells

Last completion to plug: a median of 21.8 years across the 2 wells that filed both dates, with the middle half between 19.9 years and 23.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-3653100326,800 ftMay 1997Aug 2022Yes
42-3653081816,794 ftJan 1980Mar 1998Yes

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 (359)

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

359 months

Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 2022410109.378.43$4,484
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
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 20180061.443.40$0
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 2017181050.452.95$9,131
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 2016182042.492.64$7,733
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 2016180041.622.92$7,492
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 2016180036.561.99$6,581
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 2015180032.362.00$5,825
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 2015170048.152.95$8,186
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 2015164049.822.71$8,170
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 2014176054.693.59$9,625
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 2014165086.164.05$14,216
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 2014170098.164.74$16,687
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 2014187097.406.19$18,214
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 2013187097.423.78$18,218
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 20131770102.523.72$18,146
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 2013180093.964.28$16,913
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 2012189086.773.42$16,400
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 2012176091.612.49$16,123
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 2012172098.092.73$16,871
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 2011181083.623.99$15,135
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 2011184098.134.40$18,056
Apr 201100105.964.33$0
Mar 2011179096.364.06$17,248
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 2010188080.843.80$15,198
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 2010176081.694.12$14,377
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 2010171074.365.96$12,716
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 2009176065.543.06$11,535
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 2009182054.743.93$9,963
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 2009185032.814.63$6,070
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 2008180055.496.86$9,988
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 20081850131.0811.39$24,250
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 20081870110.3110.45$20,628
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 2007178088.337.30$15,723
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 2007183069.066.39$12,638
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 2007170058.747.85$9,986
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 2007172055.108.22$9,477
Jan 20070050.306.73$0
Dec 2006179056.656.92$10,140
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 2006180060.085.04$10,814
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 2006164066.286.38$10,870
May 20060066.016.42$0
Apr 2006168064.397.36$10,818
Mar 20060056.707.08$0
Feb 2006164057.597.75$9,445
Jan 20060060.598.93$0
Dec 2005171054.9413.42$9,395
Nov 20050054.6910.59$0
Oct 2005176058.3413.80$10,268
Sep 20050061.4512.08$0
Aug 2005159061.519.80$9,780
Jul 2005176055.697.84$9,801
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 2005181049.207.36$8,905
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 2005177043.166.32$7,639
Dec 20040039.866.75$0
Nov 2004181045.286.33$8,196
Oct 20040049.706.52$0
Sep 2004181043.245.28$7,826
Aug 20040042.375.55$0
Jul 2004180038.286.08$6,890
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 2004187034.365.53$6,425
Feb 20040032.455.51$0
Jan 2004178032.036.30$5,701
Dec 20030030.266.30$0
Nov 2003183028.804.60$5,270
Oct 20030028.174.76$0
Sep 2003179026.314.75$4,709
Aug 2003180029.765.13$5,357
Jul 20030029.415.17$0
Jun 2003186028.565.98$5,312
May 20030026.595.97$0
Apr 2003185026.675.41$4,934
Mar 20030031.146.10$0
Feb 2003187033.487.93$6,261
Jan 2003186030.315.58$5,638
Dec 20020026.914.85$0
Nov 2002186024.664.14$4,587
Oct 2002183026.464.23$4,842
Sep 20020027.443.64$0
Aug 2002181025.963.16$4,699
Jul 2002181024.583.06$4,449
Jun 20020023.733.34$0
May 2002144024.663.58$3,551
Apr 2002188023.653.51$4,446
Mar 2002188022.003.10$4,136
Feb 20020018.222.38$0
Jan 2002179017.172.38$3,073
Dec 2001176016.932.36$2,980
Nov 2001182018.072.41$3,289
Oct 20010019.782.53$0
Sep 2001183024.262.25$4,440
Aug 2001183024.873.05$4,551
Jul 20010023.933.20$0
Jun 2001183024.563.82$4,494
May 2001182025.524.31$4,645
Apr 2001181024.685.34$4,467
Mar 2001181024.545.38$4,442
Feb 20010027.755.77$0
Jan 2001184027.478.40$5,054
Dec 2000186026.889.12$5,000
Nov 2000186032.215.66$5,991
Oct 2000186031.235.15$5,809
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 2000187028.534.09$5,335
Jun 20000029.304.40$0
May 2000163027.263.68$4,443
Apr 2000187024.513.12$4,583
Mar 2000153028.422.86$4,348
Feb 2000266027.622.73$7,347
Jan 20000025.272.48$0
Dec 1999177024.282.42$4,298
Nov 1999178023.192.43$4,128
Oct 1999358020.982.80$7,511
Sep 199942021.752.62$914
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19997015.792.32$111
Apr 1999183015.102.21$2,763
Mar 19990012.471.84$0
Feb 199919009.981.82$1,896
Jan 19993709210.381.90$4,015
Dec 199806149.201.77$1,089
Nov 199816661710.892.19$3,156
Oct 199818461712.421.97$3,500
Sep 199818260812.592.08$3,558
Aug 199818153011.301.91$3,056
Jul 199818464311.742.24$3,599
Jun 199818355111.242.24$3,290
May 199818566612.622.21$3,804
Apr 199818666913.042.51$4,102
Mar 199818453312.802.31$3,586
Feb 199814869713.952.30$3,667
Jan 199818968014.702.15$4,244
Dec 199719278616.322.41$5,029
Nov 199718181918.193.09$5,822
Oct 19973791,08919.253.15$10,726
Sep 199719477617.742.95$5,735
Aug 199718899217.862.55$5,892
Jul 19971811,33017.582.25$6,170
Jun 19973641,66417.242.26$10,031
May 19973671,20418.972.31$9,741
Apr 1997029917.882.08$623
Mar 199701,43318.951.94$2,779
Feb 19970020.492.21$0
Jan 1997184023.483.54$4,320
Dec 19960023.32$0
Nov 1996187021.97$4,108
Oct 19960023.31$0
Sep 1996358022.22$7,955
Aug 19961020.26$20
Jul 1996179019.55$3,499
Jun 19960018.73$0
May 1996186019.43$3,614
Apr 19960021.51$0
Mar 1996182019.38$3,527
Feb 1996185016.98$3,141
Jan 19960017.07$0
Dec 1995183017.19$3,146
Nov 1995183016.00$2,928
Oct 19950015.43$0
Sep 1995186016.18$3,009
Aug 1995176015.92$2,802
Jul 19950015.24$0
Jun 1995178016.41$2,921
May 19950017.56$0
Apr 1995188017.73$3,333
Mar 19950016.44$0
Feb 1995178016.58$2,951
Jan 1995190015.92$3,025
Dec 1994181015.03$2,720
Nov 19940015.90$0
Oct 1994187115.58$2,913
Sep 1994182115.29$2,783
Aug 19940116.13$0
Jul 1994201117.56$3,530
Jun 19940117.09$0
May 1994184115.88$2,922
Apr 1994201114.14$2,842
Mar 1994181112.46$2,255
Feb 1994183112.50$2,288
Jan 19940112.66$0
Dec 1993184112.33$2,269
Nov 1993181114.49$2,623
Oct 1993185115.85$2,932
Sep 1993187115.03$2,811
Aug 1993182115.66$2,850
Jul 19930115.46$0
Jun 1993185116.79$3,106
May 1993187117.68$3,306
Apr 1993190118.05$3,430
Mar 1993189118.14$3,428
Feb 1993188117.90$3,365
Jan 1993203116.93$3,437

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 2022 — as filed, then multipliedworked
Oil                   41 bbl  × $109.37 =     $4,484
Casinghead gas         0 Mcf  × $  8.43 =         $0

────────────────────────────────────────────────────
Month total                                   $4,484

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/O/10253 is the state's own key, not one this site invented.