PETERS, J.F. ETAL

Operated by DE3 OPERATING LLC (P-5 518310) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29537District 08Field 85280300NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.2 M
Jan 1993 – Dec 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
312
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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered
1952-12-22
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 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.

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
OilDisposition31,934 bbl$1,114,837
Casinghead gasProduction44,099 Mcf$37,786
Total$1,152,623

30,334 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 (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 32.1616, -101.7981. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

32.16165, -101.79812 · 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
8,615 ft
2 wells filed one
Completion to plug
24.1 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 8,615 and 8,615 ft, median 8,615 ft, over the 2 wells that filed a depth.

Completions filed
Dec 1984 – Feb 1985
2 of 2 wells
Plug dates filed
Apr 2000 – Nov 2017
2 of 2 wells

Last completion to plug: a median of 24.1 years across the 2 wells that filed both dates, with the middle half between 19.7 years and 28.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-3173299718,615 ftFeb 1985Nov 2017Yes
42-3173299328,615 ftDec 1984Apr 2000Yes

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 (312)

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

312 months

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 2017125057.272.92$7,159
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 20171042.493.09$42
May 2017174045.373.26$7,894
Apr 20171047.933.21$48
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 2016175046.193.09$8,083
Sep 20162041.553.10$83
Aug 20160041.442.92$0
Jul 20162041.622.92$83
Jun 2016180045.352.69$8,163
May 20160042.521.99$0
Apr 2016158036.561.99$5,776
Mar 20160033.011.79$0
Feb 20162026.472.06$53
Jan 2016176027.352.36$4,814
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 2015176043.552.43$7,665
Sep 20154042.992.76$172
Aug 2015177040.162.87$7,108
Jul 20150048.152.95$0
Jun 20151056.152.88$56
May 2015164055.212.96$9,054
Apr 20152049.822.71$100
Mar 20151042.892.93$43
Feb 2015182044.662.98$8,128
Jan 20151043.433.10$43
Dec 20140054.693.59$0
Nov 2014173070.464.25$12,190
Oct 20140078.303.90$0
Sep 2014172086.164.05$14,820
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 2014178098.164.74$17,472
May 20141094.734.73$95
Apr 20140095.944.81$0
Mar 2014285095.895.06$27,329
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 2013183091.824.35$16,803
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 20131750102.523.72$17,941
Jun 20130094.403.93$0
May 2013175094.834.15$16,595
Apr 2013177093.964.28$16,631
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 2013182091.603.42$16,671
Dec 20120086.773.42$0
Nov 2012180086.953.62$15,651
Oct 20120089.383.40$0
Sep 2012180094.672.92$17,041
Aug 20120092.662.91$0
Jul 2012177085.133.02$15,068
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 20121750105.052.22$18,384
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 2011181096.873.24$17,533
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 2011131083.623.99$10,954
Aug 2011149083.404.15$12,427
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 2011159098.134.40$15,603
Apr 201100105.964.33$0
Mar 2011176096.364.06$16,959
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 2010181085.734.35$15,517
Nov 20100080.843.80$0
Oct 2010178078.103.51$13,902
Sep 20100072.633.98$0
Aug 2010177073.684.42$13,041
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 2010173071.124.24$12,304
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 2010172073.585.44$12,656
Jan 20100074.365.96$0
Dec 2009180071.445.48$12,859
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 2009169065.543.06$11,076
Aug 20090067.423.22$0
Jul 2009163061.133.46$9,964
Jun 2009175066.163.90$11,578
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 2009178035.865.37$6,383
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 2008177075.246.92$13,317
Sep 200800101.767.88$0
Aug 20081770114.228.48$20,217
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 20081720101.909.66$17,527
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 2007176088.337.30$15,546
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 2007165075.846.24$12,514
Aug 20070069.066.39$0
Jul 2007177070.906.39$12,549
Jun 20070062.007.55$0
May 2007167058.747.85$9,810
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 2007169055.108.22$9,312
Jan 20070050.306.73$0
Dec 2006176056.656.92$9,970
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 2006170060.085.04$10,214
Aug 20060068.717.34$0
Jul 2006163069.376.34$11,307
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 2006168064.397.36$10,818
Mar 20060056.707.08$0
Feb 2006158057.597.75$9,099
Jan 20060060.598.93$0
Dec 2005155054.9413.42$8,516
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 2005173061.4512.08$10,631
Aug 20050261.519.80$20
Jul 2005132055.697.84$7,351
Jun 20050052.337.38$0
May 2005173045.226.65$7,823
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 2005154045.226.31$6,964
Jan 20050043.166.32$0
Dec 2004121039.866.75$4,823
Nov 2004163045.286.33$7,381
Oct 20040049.706.52$0
Sep 2004173043.245.28$7,481
Aug 20040442.375.55$22
Jul 20040038.286.08$0
Jun 2004172036.106.43$6,209
May 20040037.486.49$0
Apr 2004155034.475.86$5,343
Mar 20040434.365.53$22
Feb 20040032.455.51$0
Jan 2004162032.036.30$5,189
Dec 20030030.266.30$0
Nov 2003176028.804.60$5,069
Oct 20030028.174.76$0
Sep 2003174026.314.75$4,578
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 2003174028.565.98$4,969
May 20030026.595.97$0
Apr 2003164026.675.41$4,374
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 2003177030.315.58$5,365
Dec 2002012026.914.85$582
Nov 200218012024.664.14$4,935
Oct 2002012026.464.23$507
Sep 2002012027.443.64$436
Aug 200217712025.963.16$4,975
Jul 20020024.583.06$0
Jun 200217712023.733.34$4,601
May 2002012424.663.58$444
Apr 2002015623.653.51$548
Mar 200218220422.003.10$4,637
Feb 200207218.222.38$171
Jan 20021835717.172.38$3,278
Dec 200105916.932.36$140
Nov 200106018.072.41$144
Oct 20011777219.782.53$3,683
Sep 200109024.262.25$203
Aug 200117510024.873.05$4,658
Jul 200109423.933.20$301
Jun 20011748024.563.82$4,579
May 200108825.524.31$379
Apr 200107524.685.34$400
Mar 20011787724.545.38$4,782
Feb 200105427.755.77$311
Jan 20011818927.478.40$5,720
Dec 200006126.889.12$556
Nov 200028232.215.66$528
Oct 20001818631.235.15$6,095
Sep 200008431.875.19$436
Aug 20001768229.644.54$5,589
Jul 200007728.534.09$315
Jun 200007729.304.40$339
May 200017611927.263.68$5,236
Apr 200008824.513.12$274
Mar 20001805128.422.86$5,261
Feb 200046327.622.73$282
Jan 200017911325.272.48$4,804
Dec 1999017924.282.42$434
Nov 199918020923.192.43$4,683
Oct 199919121520.982.80$4,610
Sep 199917927121.752.62$4,603
Aug 199917829919.262.88$4,288
Jul 199933830017.892.37$6,759
Jun 199916528615.942.36$3,306
May 199935134715.792.32$6,348
Apr 199917425515.102.21$3,190
Mar 199916918712.471.84$2,451
Feb 1999111959.981.82$464
Jan 199938132310.381.90$4,568
Dec 19981852009.201.77$2,057
Nov 199818422510.892.19$2,496
Oct 199818423812.421.97$2,754
Sep 199818620412.592.08$2,767
Aug 199818125011.301.91$2,522
Jul 199817925111.742.24$2,663
Jun 199818126811.242.24$2,634
May 199818727712.622.21$2,971
Apr 199828327613.042.51$4,382
Mar 199817926312.802.31$2,899
Feb 199818224413.952.30$3,100
Jan 199818027314.702.15$3,234
Dec 199734328916.322.41$6,295
Nov 199717829318.193.09$4,143
Oct 199735335519.253.15$7,913
Sep 1997213517.742.95$434
Aug 199718027317.862.55$3,912
Jul 199717335217.582.25$3,832
Jun 199718135417.242.26$3,919
May 199711441818.972.31$3,128
Apr 199717147017.882.08$4,036
Mar 199734953318.951.94$7,647
Feb 1997345120.492.21$1,056
Jan 199734454323.483.54$9,999
Dec 199618556023.32$4,314
Nov 199617457221.97$3,823
Oct 199618160223.31$4,219
Sep 199626759022.22$5,933
Aug 199617262920.26$3,485
Jul 199618064019.55$3,519
Jun 199635762818.73$6,687
May 199618264419.43$3,536
Apr 199618660421.51$4,001
Mar 199618354119.38$3,547
Feb 199616051816.98$2,717
Jan 199636457417.07$6,213
Dec 199517760617.19$3,043
Nov 199518059516.00$2,880
Oct 199518064915.43$2,777
Sep 199518360716.18$2,961
Aug 199535563915.92$5,652
Jul 199518165715.24$2,758
Jun 199517877516.41$2,921
May 199518159117.56$3,178
Apr 199535562817.73$6,294
Mar 199518072016.44$2,959
Feb 199536159716.58$5,985
Jan 19951851515.92$2,945
Dec 199418162715.03$2,720
Nov 199418562815.90$2,942
Oct 199418164415.58$2,820
Sep 199417867415.29$2,722
Aug 199435768816.13$5,758
Jul 199417871617.56$3,126
Jun 199417959217.09$3,059
May 199435867815.88$5,685
Apr 199418067014.14$2,545
Mar 199417961012.46$2,230
Feb 199418148812.50$2,263
Jan 199436358112.66$4,596
Dec 199335859112.33$4,414
Nov 199317760314.49$2,565
Oct 199317774315.85$2,805
Sep 199335677715.03$5,351
Aug 199317566815.66$2,741
Jul 199317770315.46$2,736
Jun 199317372316.79$2,905
May 199334678917.68$6,117
Apr 199317175818.05$3,087
Mar 199316475918.14$2,975
Feb 199335167817.90$6,283
Jan 199316976516.93$2,861

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.

Dec 2017 — as filed, then multipliedworked
Oil                  125 bbl  × $ 57.27 =     $7,159
Casinghead gas         0 Mcf  × $  2.92 =         $0

────────────────────────────────────────────────────
Month total                                   $7,159

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. 08/O/29537 is the state's own key, not one this site invented.