MCPETERS, G. A. ACT. #1

Operated by EXXON MOBIL CORPORATION (P-5 257128) in the TALCO field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 1682District 06Field 88207001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$6.9 M
Jan 1993 – Jun 2012
Value, last 12 filed months
$623 k
at the published price for each month
Months reported
234
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 229 leases and 1,675 wells, and the rule below applies to all of them.

Discovered
1936-03-16
as the register files it
Field class
Oil
the register's own label
Between wells
0 ft
minimum
From a lease line
233 ft
minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2012-11-06.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: NON-CURRENT RESTR.REMOVED ALSO FOR API#(159-30200,30572)-HAGANSPOR

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
OilDisposition171,581 bbl$6,873,161
Casinghead gasProduction23 Mcf$0
Total$6,873,161

23 Mcf of this lease's gas, across 23 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 (6)

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 33.3533, -95.0220. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

33.35292, -95.02169 · 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
66.7%
4 of 6 wells
With a plug date
66.7%
4 of 6 wells
Median depth
4,340 ft
6 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
466.7%
A plug date is filed
466.7%
BothOn the schedule and plugged. Neither fact cancels the other.
466.7%
NeitherNo plug date, and not on the schedule.
233.3%

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 4,270 and 4,549 ft, median 4,340 ft, over the 6 wells that filed a depth.

Completions filed
Feb 1985 – May 2017
2 of 6 wells; 4 filed none
Plug dates filed
Sep 1993 – Nov 2010
4 of 6 wells; 2 filed none

6 wells

42-4490064814,372 ftSep 1993Yes
42-4490064924,308 ftNov 2010Yes
42-4490065034,270 ftJul 2003Yes
42-4490065144,274 ftOct 1993Yes
42-44930299124,549 ftMay 2017
42-44930435134,404 ftFeb 1985

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 (234)

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

234 months

Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 2012992098.092.73$97,305
Dec 2011896096.873.24$86,796
Nov 2011897095.723.31$85,861
Oct 20111,019084.983.65$86,595
Sep 20111,066083.623.99$89,139
Aug 2011966083.404.15$80,564
Jul 20111,029094.144.52$96,870
Jun 2011684092.904.64$63,544
May 2011258098.134.40$25,318
Apr 20114470105.964.33$47,364
Mar 2011832096.364.06$80,172
Feb 2011816085.644.18$69,882
Jan 2011918086.504.59$79,407
Dec 2010924085.734.35$79,215
Nov 2010853080.843.80$68,957
Oct 2010687078.103.51$53,655
Sep 2010689072.633.98$50,042
Aug 2010805073.684.42$59,312
Jul 2010922072.554.74$66,891
Jun 2010606070.364.91$42,638
May 2010805071.124.24$57,252
Apr 20101,107081.694.12$90,431
Mar 2010944078.394.39$74,000
Feb 20101,046073.585.44$76,965
Jan 20101,237074.365.96$91,983
Dec 20091,424071.445.48$101,731
Nov 2009914074.593.75$68,175
Oct 2009595072.544.11$43,161
Sep 2009659065.543.06$43,191
Aug 2009672067.423.22$45,306
Jul 2009645061.133.46$39,429
Jun 2009654066.163.90$43,269
May 2009519054.743.93$28,410
Apr 2009690046.773.59$32,271
Mar 2009667042.144.06$28,107
Feb 2009681032.814.63$22,344
Jan 2009737035.865.37$26,429
Dec 2008730037.105.98$27,083
Nov 2008721055.496.86$40,008
Oct 2008740075.246.92$55,678
Sep 20087190101.767.88$73,165
Aug 20086280114.228.48$71,730
Jul 20084730131.0811.39$62,001
Jun 20087180131.3313.03$94,295
May 20085840123.1711.57$71,931
Apr 20084400110.3110.45$48,536
Mar 20085830101.909.66$59,408
Feb 2008617092.538.77$57,091
Jan 2008730090.388.21$65,977
Dec 2007715088.337.30$63,156
Nov 2007782091.677.29$71,686
Oct 2007675082.856.92$55,924
Sep 2007688075.846.24$52,178
Aug 2007867069.066.39$59,875
Jul 2007811070.906.39$57,500
Jun 2007688062.007.55$42,656
May 2007727058.747.85$42,704
Apr 2007754059.617.81$44,946
Mar 2007880056.927.30$50,090
Feb 2007737055.108.22$40,609
Jan 2007930050.306.73$46,779
Dec 2006747056.656.92$42,318
Nov 2006815054.207.62$44,173
Oct 2006990054.906.01$54,351
Sep 2006582060.085.04$34,967
Aug 2006816068.717.34$56,067
Jul 2006835069.376.34$57,924
Jun 2006850066.286.38$56,338
May 2006820066.016.42$54,128
Apr 2006833064.397.36$53,637
Mar 2006798056.707.08$45,247
Feb 2006793057.597.75$45,669
Jan 2006828060.598.93$50,169
Dec 2005865054.9413.42$47,523
Nov 2005750054.6910.59$41,018
Oct 2005806058.3413.80$47,022
Sep 2005906061.4512.08$55,674
Aug 2005829061.519.80$50,992
Jul 2005916055.697.84$51,012
Jun 2005769052.337.38$40,242
May 2005709045.226.65$32,061
Apr 2005683049.207.36$33,604
Mar 2005599050.377.15$30,172
Feb 2005535045.226.31$24,193
Jan 2005315043.166.32$13,595
Dec 2004389039.866.75$15,506
Nov 2004485045.286.33$21,961
Oct 2004542049.706.52$26,937
Sep 2004504043.245.28$21,793
Aug 2004586042.375.55$24,829
Jul 2004509038.286.08$19,485
Jun 2004522036.106.43$18,844
May 2004439037.486.49$16,454
Apr 2004480034.475.86$16,546
Mar 2004502034.365.53$17,249
Feb 2004457032.455.51$14,830
Jan 2004464032.036.30$14,862
Dec 2003452030.266.30$13,678
Nov 2003601028.804.60$17,309
Oct 2003558028.174.76$15,719
Sep 2003582026.314.75$15,312
Aug 2003454029.765.13$13,511
Jul 2003413029.415.17$12,146
Jun 2003439028.565.98$12,538
May 2003609026.595.97$16,193
Apr 2003481026.675.41$12,828
Mar 2003384031.146.10$11,958
Feb 2003402033.487.93$13,459
Jan 2003498030.315.58$15,094
Dec 2002484026.914.85$13,024
Nov 2002479024.664.14$11,812
Oct 2002438026.464.23$11,589
Sep 2002455027.443.64$12,485
Aug 2002576025.963.16$14,953
Jul 2002584024.583.06$14,355
Jun 2002548023.733.34$13,004
May 2002600024.663.58$14,796
Apr 2002467023.653.51$11,045
Mar 2002484022.003.10$10,648
Feb 2002432018.222.38$7,871
Jan 2002596017.172.38$10,233
Dec 2001309016.932.36$5,231
Nov 2001520018.072.41$9,396
Oct 2001605019.782.53$11,967
Sep 2001490024.262.25$11,887
Aug 2001459024.873.05$11,415
Jul 2001698023.933.20$16,703
Jun 2001245024.563.82$6,017
May 2001801025.524.31$20,442
Apr 2001735024.685.34$18,140
Mar 2001475024.545.38$11,657
Feb 2001415027.755.77$11,516
Jan 2001600027.478.40$16,482
Dec 2000438026.889.12$11,773
Nov 2000648032.215.66$20,872
Oct 2000583031.235.15$18,207
Sep 2000479031.875.19$15,266
Aug 2000559029.644.54$16,569
Jul 2000470028.534.09$13,409
Jun 2000788029.304.40$23,088
May 2000403027.263.68$10,986
Apr 2000664024.513.12$16,275
Mar 2000652028.422.86$18,530
Feb 2000482027.622.73$13,313
Jan 2000618025.272.48$15,617
Dec 1999848024.282.42$20,589
Nov 1999367023.192.43$8,511
Oct 1999528020.982.80$11,077
Sep 1999328021.752.62$7,134
Aug 1999613019.262.88$11,806
Jul 1999570017.892.37$10,197
Jun 1999471015.942.36$7,508
May 1999519015.792.32$8,195
Apr 1999507015.102.21$7,656
Mar 1999536012.471.84$6,684
Feb 199937109.981.82$3,703
Jan 1999352010.381.90$3,654
Dec 199844209.201.77$4,066
Nov 1998703010.892.19$7,656
Oct 1998688012.421.97$8,545
Sep 1998764012.592.08$9,619
Aug 1998593011.301.91$6,701
Jul 1998724011.742.24$8,500
Jun 1998659011.242.24$7,407
May 1998547012.622.21$6,903
Apr 1998716013.042.51$9,337
Mar 1998586012.802.31$7,501
Feb 1998641013.952.30$8,942
Jan 1998758014.702.15$11,143
Dec 1997745016.322.41$12,158
Nov 1997745018.193.09$13,552
Oct 1997835019.253.15$16,074
Sep 1997769017.742.95$13,642
Aug 1997841017.862.55$15,020
Jul 1997739017.582.25$12,992
Jun 1997792017.242.26$13,654
May 1997720018.972.31$13,658
Apr 1997857017.882.08$15,323
Mar 1997615018.951.94$11,654
Feb 1997734020.492.21$15,040
Jan 1997856023.483.54$20,099
Dec 1996959023.32$22,364
Nov 1996729021.97$16,016
Oct 1996874023.31$20,373
Sep 1996834022.22$18,531
Aug 1996829020.26$16,796
Jul 1996880019.55$17,204
Jun 1996792018.73$14,834
May 1996874019.43$16,982
Apr 1996934021.51$20,090
Mar 19961,014019.38$19,651
Feb 1996846016.98$14,365
Jan 1996838017.07$14,305
Dec 1995903017.19$15,523
Nov 1995897016.00$14,352
Oct 19951,016015.43$15,677
Sep 19951,016016.18$16,439
Aug 1995995015.92$15,840
Jul 1995983015.24$14,981
Jun 19951,059016.41$17,378
May 1995896017.56$15,734
Apr 19951,163017.73$20,620
Mar 1995956016.44$15,717
Feb 1995809016.58$13,413
Jan 1995807015.92$12,847
Dec 19941,012015.03$15,210
Nov 1994948115.90$15,073
Oct 19941,084115.58$16,889
Sep 19941,211115.29$18,516
Aug 19941,051116.13$16,953
Jul 19941,277117.56$22,424
Jun 19941,092117.09$18,662
May 19941,307115.88$20,755
Apr 19941,242114.14$17,562
Mar 19941,383112.46$17,232
Feb 19941,139112.50$14,238
Jan 19941,641112.66$20,775
Dec 1993908112.33$11,196
Nov 19931,223114.49$17,721
Oct 19931,594115.85$25,265
Sep 1993983115.03$14,774
Aug 19931,376115.66$21,548
Jul 19931,315115.46$20,330
Jun 19931,322116.79$22,196
May 19931,566117.68$27,687
Apr 19931,409118.05$25,432
Mar 19931,335118.14$24,217
Feb 19931,222117.90$21,874
Jan 19931,300116.93$22,009

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.

Jan 2012 — as filed, then multipliedworked
Oil                  992 bbl  × $ 98.09 =    $97,305
Casinghead gas         0 Mcf  × $  2.73 =         $0

────────────────────────────────────────────────────
Month total                                  $97,305

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/1682 is the state's own key, not one this site invented.