PEAY, TOM

Operated by CRESCENT ENERGY OPERATING, LLC (P-5 103575) in the NOLLEY (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 4533District 08Field 65766888Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$17.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$51
at the published price for each month
Months reported
401
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 27 leases and 164 wells, and the rule below applies to all of them.

Discovered
1951-08-21
as the register files it
Field class
Oil
the register's own label
Between wells
1,100 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres.

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.

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
NGPA5none

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
OilDisposition321,028 bbl$17,393,220
Casinghead gasProduction154,819 Mcf$498,116
Total$17,891,336

23,481 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 (12)

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 32.5153, -102.5213. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

32.51505, -102.52011 · 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%
8 of 12 wells
With a plug date
58.3%
7 of 12 wells
Median depth
9,550 ft
12 wells filed one
Completion to plug
8.5 years
median over 6 wells

What the state filed about each well

On the RRC proration schedule
866.7%
A plug date is filed
758.3%
BothOn the schedule and plugged. Neither fact cancels the other.
758.3%
NeitherNo plug date, and not on the schedule.
433.3%

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

Total depth in feet, 12 of 12 wells. Median 9,550 ft, with the middle half between 9,383 and 9,600 ft; the shallowest is 9,318 ft and the deepest 14,085 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 10 of 12 wells, Sep 1986 – Jan 2025. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Sep 1986 – Jan 2025
10 of 12 wells; 2 filed none
Plug dates filed
Dec 1988 – Jul 2003
7 of 12 wells; 5 filed none

Last completion to plug: a median of 8.5 years across the 6 wells that filed both dates, with the middle half between 3.3 years and 14.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

12 wells

42-0030372239,318 ftJul 2003Yes
42-0030372349,328 ft
42-0033502999,500 ftJan 2025
42-00335058109,560 ftNov 2007Yes
42-0030372129,360 ftApr 1992Nov 1994Yes
42-00335595119,550 ftFeb 1991
42-0033037979,600 ftDec 1990Mar 1996Yes
42-00303720114,085 ftMar 1988Dec 1988Yes
42-00335594129,550 ftMar 1988
42-0033503689,700 ftAug 1987Feb 2003Yes
42-0033038069,600 ftJan 1987Oct 1998Yes
42-0030372459,391 ftSep 1986Jun 2002Yes

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 202501763.933.01$51
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
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 2024219069.612.36$15,245
Aug 2024173075.632.06$13,084
Jul 2024185079.932.15$14,787
Jun 2024301078.082.63$23,502
May 20240078.812.20$0
Apr 2024324084.451.66$27,362
Mar 2024376080.301.55$30,193
Feb 20243391776.091.78$25,825
Jan 2024763573.023.30$5,665
Dec 2023193371.262.61$13,761
Nov 20231561677.892.81$12,196
Oct 2023781185.443.09$6,698
Sep 2023161089.042.74$14,335
Aug 20232107880.522.67$17,118
Jul 202316234674.852.64$13,040
Jun 202320912568.962.26$14,695
May 202332420870.622.23$23,344
Apr 202330219078.122.24$24,017
Mar 202328615972.852.39$21,216
Feb 202306475.112.47$158
Jan 202313413476.533.39$10,709
Dec 202283076.415.73$6,342
Nov 202254366585.005.65$49,910
Oct 202276275287.185.86$70,841
Sep 202280624584.888.16$70,413
Aug 20228861,18694.529.13$94,570
Jul 20229431,054101.587.54$103,739
Jun 20221,1081,323115.097.98$138,074
May 20221,4191,733109.378.43$169,810
Apr 20221,4641,676104.226.84$164,038
Mar 20222,5961,530108.885.08$290,419
Feb 20229011,09991.054.86$87,376
Jan 2022408081.844.54$33,391
Dec 202123926871.323.90$18,090
Nov 202154288277.435.24$46,586
Oct 20217901,14379.795.71$69,565
Sep 20210069.865.35$0
Aug 20217841,21366.024.22$56,879
Jul 20210070.783.98$0
Jun 202175271969.493.38$54,687
May 20214625063.483.02$29,479
Apr 20218661,34660.362.76$55,985
Mar 20211,3331,76961.302.72$86,519
Feb 202159565357.805.55$38,014
Jan 20211,3171,68750.412.81$71,131
Dec 20201,2431,73944.642.68$60,140
Nov 20201,1391,63538.772.71$48,584
Oct 20201,2781,92936.972.48$52,029
Sep 20201,5751,45437.091.99$61,312
Aug 20201,5111,63439.982.39$64,307
Jul 202054196738.371.83$22,523
Jun 202049555734.901.69$18,217
May 2020034816.921.81$632
Apr 20201,0251,00014.751.80$16,923
Mar 20206761,13630.341.86$22,619
Feb 20201,2011,23749.881.98$62,356
Jan 20201,1341,16957.252.09$67,370
Dec 20191,06796359.012.30$65,183
Nov 201990795955.302.75$52,795
Oct 201996890653.472.42$53,950
Sep 201945052155.052.66$26,157
Aug 20191,1231,43653.112.30$62,952
Jul 20191,3421,79756.272.46$79,935
Jun 20191,1121,37452.782.49$62,114
May 20191,1501,24158.482.74$70,653
Apr 20191,1061,18062.632.75$72,515
Mar 201994880556.803.06$56,311
Feb 201911836750.852.79$7,025
Jan 201935454646.033.23$18,057
Dec 201853960246.594.19$27,632
Nov 201844066052.934.24$26,086
Oct 20181,4161,26161.443.40$91,284
Sep 20181,0391,21859.543.11$65,648
Aug 20181,4691,59859.403.07$92,159
Jul 20181,1291,19265.142.93$77,038
Jun 20181,3941,52560.183.08$88,583
May 20181,5791,46165.382.90$107,473
Apr 20181,5361,32763.842.90$101,908
Mar 20181,5721,16761.222.79$99,490
Feb 20181,28458561.782.77$80,944
Jan 20181,16312562.874.01$73,619
Dec 20171,47767257.272.92$86,551
Nov 20171,22268555.423.12$69,859
Oct 20171,36976849.292.98$69,769
Sep 20171,09320847.523.09$52,582
Aug 20171,14927945.373.00$52,968
Jul 20171,23149643.873.09$55,535
Jun 20171,07236242.493.09$46,667
May 20173562345.373.26$16,227
Apr 20172062947.933.21$9,967
Mar 201764820346.772.98$30,913
Feb 20171,00639550.452.95$51,919
Jan 201765019249.413.42$32,773
Dec 20165239748.763.72$25,863
Nov 201674216542.492.64$31,964
Oct 201673212046.193.09$34,182
Sep 201653415641.553.10$22,671
Aug 201690430241.442.92$38,345
Jul 201660017041.622.92$25,469
Jun 201661213045.352.69$28,103
May 20165789842.521.99$24,772
Apr 201661214936.561.99$22,671
Mar 201657320033.011.79$19,274
Feb 201677236226.472.06$21,182
Jan 20161,12659027.352.36$32,191
Dec 20151,08921132.362.00$35,662
Nov 20151,11541738.792.17$44,155
Oct 20151,13649643.552.43$50,676
Sep 20151,01453742.992.76$45,073
Aug 201545811640.162.87$18,726
Jul 20154066848.152.95$19,749
Jun 201579622156.152.88$45,333
May 201556219555.212.96$31,604
Apr 201562915149.822.71$31,745
Mar 201570519442.892.93$30,807
Feb 201564116744.662.98$29,124
Jan 20154905143.433.10$21,439
Dec 201477617354.693.59$43,061
Nov 201485327070.464.25$61,250
Oct 201464429578.303.90$51,576
Sep 201454910386.164.05$47,719
Aug 201462220689.394.04$56,432
Jul 201469820396.564.18$68,247
Jun 201434920798.164.74$35,238
May 20143569694.734.73$34,178
Apr 201481511795.944.81$78,754
Mar 20141,03323595.895.06$100,243
Feb 20141,02232897.406.19$101,574
Jan 20141,09041090.404.86$100,529
Dec 20131,13644291.824.35$106,232
Nov 20131,10146988.853.74$99,577
Oct 20131,47754297.423.78$145,938
Sep 20131,159271104.113.72$121,671
Aug 2013979382104.253.52$103,406
Jul 20131,2094102.523.72$123,962
Jun 20131,28463894.403.93$123,719
May 20131,28667294.834.15$124,740
Apr 20131,39652493.964.28$133,412
Mar 20131,40452493.623.91$133,493
Feb 20131,37159491.233.42$127,108
Jan 20131,66451191.603.42$154,170
Dec 20121,47255186.773.42$129,610
Nov 20121,18849086.953.62$105,073
Oct 201277538989.383.40$70,592
Sep 20121,41364194.672.92$135,639
Aug 20121,53774592.662.91$144,585
Jul 20121,35458785.133.02$117,039
Jun 20121,41260479.822.52$114,227
May 20121,56665491.612.49$145,089
Apr 20121,533553101.652.00$156,934
Mar 20121,668659105.052.22$176,688
Feb 20121,526552101.102.57$155,697
Jan 20121,9241398.092.73$188,761
Dec 20111,72757196.873.24$169,144
Nov 20111,64031195.723.31$158,011
Oct 20111,62260284.983.65$140,034
Sep 20111,53849683.623.99$130,585
Aug 20111,36348383.404.15$115,678
Jul 20111,50438694.144.52$143,330
Jun 20111,37030992.904.64$128,707
May 20111,49530798.134.40$148,057
Apr 20111,515332105.964.33$161,968
Mar 20111,86439396.364.06$181,210
Feb 20111,14935885.644.18$99,897
Jan 20111,58010986.504.59$137,170
Dec 20101,72928185.734.35$149,449
Nov 20101,64442080.843.80$134,495
Oct 20101,74041078.103.51$137,333
Sep 20101,73247772.633.98$127,693
Aug 20101,67249173.684.42$125,363
Jul 20101,63431172.554.74$120,020
Jun 20101,03330870.364.91$74,194
May 20101,29540271.124.24$93,803
Apr 20101,48447181.694.12$123,170
Mar 20101,42551178.394.39$113,948
Feb 20101,39247773.585.44$105,019
Jan 20101,06245674.365.96$81,690
Dec 20091,37842171.445.48$100,753
Nov 20092,10468674.593.75$159,511
Oct 20091,71924072.544.11$125,683
Sep 20091,93072565.543.06$128,714
Aug 20091,56473567.423.22$107,810
Jul 20091,09944061.133.46$68,706
Jun 20091,21840166.163.90$82,145
May 200993340154.743.93$52,647
Apr 20091,22343746.773.59$58,767
Mar 20091,06646242.144.06$46,797
Feb 20091,20645832.814.63$41,691
Jan 20091,28046935.865.37$48,420
Dec 20081,32029337.105.98$50,723
Nov 20081,4188755.496.86$79,282
Oct 20081,297075.246.92$97,586
Sep 20081,2550101.767.88$127,709
Aug 20081,63919114.228.48$187,368
Jul 20081,514125131.0811.39$199,879
Jun 20081,144264131.3313.03$153,682
May 20081,525583123.1711.57$194,582
Apr 20081,123339110.3110.45$127,422
Mar 20081,164408101.909.66$122,555
Feb 200885235292.538.77$81,923
Jan 200893427090.388.21$86,630
Dec 200789145288.337.30$82,003
Nov 200752646191.677.29$51,580
Oct 20077879782.856.92$65,874
Sep 200709675.846.24$599
Aug 200744310469.066.39$31,258
Jul 200740911070.906.39$29,701
Jun 200746910062.007.55$29,833
May 20074509958.747.85$27,210
Apr 200748859.617.81$925
Mar 200746210756.927.30$27,078
Feb 20074559555.108.22$25,851
Jan 200706050.306.73$404
Dec 20064298456.656.92$24,884
Nov 20064657154.207.62$25,744
Oct 200601354.906.01$78
Sep 200604660.085.04$232
Aug 20064038668.717.34$28,321
Jul 200608469.376.34$533
Jun 20064517266.286.38$30,352
May 200607366.016.42$469
Apr 20064456464.397.36$29,125
Mar 20060556.707.08$35
Feb 200604157.597.75$318
Jan 20060060.598.93$0
Dec 20054492254.9413.42$24,963
Nov 200502454.6910.59$254
Oct 200502258.3413.80$304
Sep 200502861.4512.08$338
Aug 20057951861.519.80$49,077
Jul 200501155.697.84$86
Jun 20050052.337.38$0
May 2005040545.226.65$2,694
Apr 200532732549.207.36$18,481
Mar 2005012050.377.15$859
Feb 20050045.226.31$0
Jan 20050543.166.32$32
Dec 200407239.866.75$486
Nov 20040045.286.33$0
Oct 200405049.706.52$326
Sep 20043114843.245.28$13,701
Aug 20041604842.375.55$7,046
Jul 20042692538.286.08$10,449
Jun 20042376736.106.43$8,987
May 20042547937.486.49$10,033
Apr 200409134.475.86$533
Mar 20042507034.365.53$8,977
Feb 200402332.455.51$127
Jan 200454910832.036.30$18,265
Dec 2003487130.266.30$1,900
Nov 200356014128.804.60$16,776
Oct 200357014728.174.76$16,757
Sep 200355517626.314.75$15,438
Aug 20034198229.765.13$12,890
Jul 20032466429.415.17$7,566
Jun 200342610728.565.98$12,807
May 20032288726.595.97$6,582
Apr 200346113226.675.41$13,009
Mar 200340915231.146.10$13,663
Feb 200348313533.487.93$17,241
Jan 200359423230.315.58$19,299
Dec 200266319926.914.85$18,807
Nov 200252921224.664.14$13,922
Oct 200245616426.464.23$12,759
Sep 200253421227.443.64$15,424
Aug 200283418125.963.16$22,223
Jul 200236319124.583.06$9,507
Jun 200228511923.733.34$7,160
May 20023768024.663.58$9,559
Apr 20023769823.653.51$9,237
Mar 20021166622.003.10$2,757
Feb 20022998018.222.38$5,638
Jan 20025889617.172.38$10,324
Dec 200143312316.932.36$7,622
Nov 200128311618.072.41$5,393
Oct 20012726019.782.53$5,532
Sep 20013841824.262.25$9,356
Aug 200135711524.873.05$9,230
Jul 200142820023.933.20$10,881
Jun 200172127424.563.82$18,756
May 200159230525.524.31$16,422
Apr 200174926224.685.34$19,883
Mar 200158818124.545.38$15,403
Feb 200161421127.755.77$18,255
Jan 200192335027.478.40$28,294
Dec 200046322626.889.12$14,507
Nov 200072032132.215.66$25,007
Oct 200076239831.235.15$25,845
Sep 200089356331.875.19$31,380
Aug 200091863229.644.54$30,079
Jul 200085564228.534.09$27,019
Jun 200099360429.304.40$31,751
May 200095558827.263.68$28,197
Apr 200071938324.513.12$18,816
Mar 200096450928.422.86$28,852
Feb 200097052327.622.73$28,217
Jan 20001,09548925.272.48$28,884
Dec 199976233224.282.42$19,306
Nov 199939229723.192.43$9,813
Oct 199964527520.982.80$14,303
Sep 19991,09740421.752.62$24,918
Aug 199987836919.262.88$17,971
Jul 19991,05324417.892.37$19,417
Jun 199991446315.942.36$15,663
May 199994861815.792.32$16,403
Apr 19991,03845815.102.21$16,685
Mar 19991,42945412.471.84$18,654
Feb 19991,1073779.981.82$11,733
Jan 19991,10055310.381.90$12,469
Dec 19981,2705059.201.77$12,580
Nov 199897637810.892.19$11,455
Oct 19981,09253112.421.97$14,608
Sep 19981,03044012.592.08$13,884
Aug 19981,08622911.301.91$12,709
Jul 19981,0161411.742.24$11,959
Jun 199887534111.242.24$10,598
May 19981,07336812.622.21$14,353
Apr 199871411213.042.51$9,591
Mar 199892314212.802.31$12,142
Feb 199886032513.952.30$12,744
Jan 199878035514.702.15$12,231
Dec 199778031816.322.41$13,496
Nov 199797631918.193.09$18,739
Oct 199774530419.253.15$15,299
Sep 199769417317.742.95$12,823
Aug 199787333617.862.55$16,450
Jul 199765421517.582.25$11,980
Jun 19974809717.242.26$8,494
May 199763413218.972.31$12,332
Apr 199728317617.882.08$5,427
Mar 199754516918.951.94$10,655
Feb 199740315620.492.21$8,602
Jan 199764124023.483.54$15,900
Dec 199670423623.32$16,417
Nov 199680014321.97$17,576
Oct 199654625923.31$12,727
Sep 199675324722.22$16,732
Aug 199681132820.26$16,431
Jul 199678035419.55$15,249
Jun 199668534018.73$12,830
May 199680932119.43$15,719
Apr 199678735221.51$16,928
Mar 199680636619.38$15,620
Feb 199679827716.98$13,550
Jan 199679533717.07$13,571
Dec 199590631917.19$15,574
Nov 199578934416.00$12,624
Oct 199584845115.43$13,085
Sep 199572638216.18$11,747
Aug 199596437715.92$15,347
Jul 199582431715.24$12,558
Jun 199561927316.41$10,158
May 199568932617.56$12,099
Apr 199563332817.73$11,223
Mar 199573228316.44$12,034
Feb 199573921416.58$12,253
Jan 199587019915.92$13,850
Dec 199497513815.03$14,654
Nov 199496616915.90$15,359
Oct 199493120415.58$14,505
Sep 199465530715.29$10,015
Aug 199498854516.13$15,936
Jul 199494257917.56$16,542
Jun 199481071417.09$13,843
May 19941,12646115.88$17,881
Apr 199486244314.14$12,189
Mar 199497752912.46$12,173
Feb 19941,08446012.50$13,550
Jan 19941,09553612.66$13,863
Dec 19931,26961612.33$15,647
Nov 19931,21656414.49$17,620
Oct 19931,24163815.85$19,670
Sep 19931,83475615.03$27,565
Aug 19932,03785515.66$31,899
Jul 19932,34889715.46$36,300
Jun 19932,4301,08816.79$40,800
May 19932,4271,27717.68$42,909
Apr 19932,05299818.05$37,039
Mar 19931,9571,09018.14$35,500
Feb 19931,97594717.90$35,353
Jan 19932,4801,29716.93$41,986

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.

Aug 2025 — as filed, then multipliedworked
Oil                    0 bbl  × $ 63.93 =         $0
Casinghead gas        17 Mcf  × $  3.01 =        $51

────────────────────────────────────────────────────
Month total                                      $51

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/4533 is the state's own key, not one this site invented.