PEAVY

Operated by D L OPERATING (P-5 196262) in the DRENNAN & PETERSON (MISS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 119506District 09Field 26099300NGPA filingCondensateGasSaveExport
Value, all time
$1.4 M
Jan 1993 – Mar 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
303
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 leases and 2 wells, and the rule below applies to all of them.

Discovered
1985-11-27
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
CondensateDisposition23,882 bbl$1,110,151
GasProduction335,178 Mcf$338,785
Total$1,448,936

230,387 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 33.1215, -98.3335. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.12149, -98.33352 · 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
0.0%
0 of 1 wells
Median depth
4,995 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 4,995 ft.

Completions filed
Nov 1985
1 of 1 wells

1 well

42-2373696234,995 ftNov 1985Yes

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 (303)

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

303 months

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 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20161322148.763.72$6,515
Nov 201602542.492.64$66
Oct 20160946.193.09$28
Sep 20160941.553.10$28
Aug 201601041.442.92$29
Jul 201601541.622.92$44
Jun 20160645.352.69$16
May 201601042.521.99$20
Apr 201601436.561.99$28
Mar 201601333.011.79$23
Feb 2016992026.472.06$2,662
Jan 20160127.352.36$2
Dec 20150132.362.00$2
Nov 20150138.792.17$2
Oct 201502943.552.43$70
Sep 201501042.992.76$28
Aug 201501540.162.87$43
Jul 201501848.152.95$53
Jun 201501156.152.88$32
May 201590255.212.96$4,975
Apr 201501149.822.71$30
Mar 201501442.892.93$41
Feb 201501044.662.98$30
Jan 20150343.433.10$9
Dec 201401454.693.59$50
Nov 20140670.464.25$26
Oct 20140278.303.90$8
Sep 20140686.164.05$24
Aug 2014188089.394.04$16,805
Jul 201401796.564.18$71
Jun 201401898.164.74$85
May 201401194.734.73$52
Apr 20140295.944.81$10
Mar 201401995.895.06$96
Feb 201402897.406.19$173
Jan 20140990.404.86$44
Dec 20130791.824.35$30
Nov 20130088.853.74$0
Oct 20130197.423.78$4
Sep 201300104.113.72$0
Aug 2013045104.253.52$159
Jul 201318774102.523.72$19,446
Jun 20130094.403.93$0
May 201303994.834.15$162
Apr 201304193.964.28$176
Mar 201302993.623.91$113
Feb 201304891.233.42$164
Jan 20131995691.603.42$18,420
Dec 201207586.773.42$257
Nov 201203186.953.62$112
Oct 201203389.383.40$112
Sep 20121804694.672.92$17,175
Aug 201204492.662.91$128
Jul 201204185.133.02$124
Jun 201205379.822.52$134
May 201205391.612.49$132
Apr 2012177120101.652.00$18,232
Mar 2012017105.052.22$38
Feb 2012028101.102.57$72
Jan 201208798.092.73$238
Dec 20110096.873.24$0
Nov 20111602995.723.31$15,411
Oct 20110984.983.65$33
Sep 201118119783.623.99$15,920
Aug 201108183.404.15$336
Jul 20111806294.144.52$17,225
Jun 201106992.904.64$320
May 201105598.134.40$242
Apr 201117186105.964.33$18,492
Mar 201106696.364.06$268
Feb 201108085.644.18$334
Jan 20111867786.504.59$16,442
Dec 201002285.734.35$96
Nov 201002680.843.80$99
Oct 20101797478.103.51$14,240
Sep 201006572.633.98$259
Aug 201005873.684.42$256
Jul 201005872.554.74$275
Jun 2010182170.364.91$12,810
May 201007871.124.24$330
Apr 201017523281.694.12$15,252
Mar 201018520178.394.39$15,384
Feb 201016618773.585.44$13,232
Jan 201015515074.365.96$12,420
Dec 200934017771.445.48$25,260
Nov 2009019874.593.75$743
Oct 200918318572.544.11$14,035
Sep 20091735065.543.06$11,492
Aug 2009167467.423.22$11,272
Jul 2009014061.133.46$485
Jun 200932119566.163.90$21,997
May 200918321754.743.93$10,869
Apr 20091673846.773.59$7,947
Mar 200915610442.144.06$6,996
Feb 200905332.814.63$246
Jan 20091844535.865.37$6,840
Dec 20081736837.105.98$6,825
Nov 20083516455.496.86$19,916
Oct 200807475.246.92$512
Sep 2008017101.767.88$134
Aug 200816570114.228.48$19,440
Jul 200834372131.0811.39$45,780
Jun 200817846131.3313.03$23,976
May 200818140123.1711.57$22,757
Apr 200818362110.3110.45$20,835
Mar 200818650101.909.66$19,437
Feb 20081715792.538.77$16,323
Jan 20081848390.388.21$17,311
Dec 20071836888.337.30$16,661
Nov 200704591.677.29$328
Oct 2007363282.856.92$30,088
Sep 200704875.846.24$300
Aug 20071649869.066.39$11,952
Jul 20071828270.906.39$13,428
Jun 20071796562.007.55$11,589
May 200707558.747.85$588
Apr 200717710459.617.81$11,363
Mar 20071729956.927.30$10,513
Feb 200718210755.108.22$10,907
Jan 20071836550.306.73$9,642
Dec 200609756.656.92$671
Nov 20060054.207.62$0
Oct 200602554.906.01$150
Sep 200601360.085.04$65
Aug 200601568.717.34$110
Jul 20060169.376.34$6
Jun 20060066.286.38$0
May 20060266.016.42$13
Apr 2006181364.397.36$11,677
Mar 20060256.707.08$14
Feb 20060357.597.75$23
Jan 20060160.598.93$9
Dec 2005181754.9413.42$10,038
Nov 20050954.6910.59$95
Oct 2005150858.3413.80$8,861
Sep 200501461.4512.08$169
Aug 20051471361.519.80$9,169
Jul 20051591355.697.84$8,957
Jun 20051765552.337.38$9,616
May 2005159645.226.65$7,230
Apr 20050649.207.36$44
Mar 200517310250.377.15$9,444
Feb 200514513545.226.31$7,409
Jan 2005163243.166.32$7,048
Dec 20040139.866.75$7
Nov 2004151145.286.33$6,844
Oct 20040049.706.52$0
Sep 20041353143.245.28$6,001
Aug 20041383142.375.55$6,019
Jul 200414822138.286.08$7,010
Jun 200413017536.106.43$5,819
May 200415426737.486.49$7,506
Apr 200418222134.475.86$7,568
Mar 2004018934.365.53$1,045
Feb 200413522532.455.51$5,620
Jan 200430224832.036.30$11,235
Dec 200316225030.266.30$6,478
Nov 200318324328.804.60$6,387
Oct 20031026328.174.76$1,533
Sep 200331426626.314.75$9,525
Aug 2003718429.765.13$1,152
Jul 200315124629.415.17$5,713
Jun 200319426928.565.98$7,150
May 200319528726.595.97$6,899
Apr 200314314726.675.41$4,609
Mar 200318122931.146.10$7,032
Feb 200317117733.487.93$7,128
Jan 200314721630.315.58$5,661
Dec 200213323826.914.85$4,734
Nov 2002033824.664.14$1,398
Oct 200215757826.464.23$6,599
Sep 200217458227.443.64$6,890
Aug 200214468025.963.16$5,890
Jul 200214762224.583.06$5,518
Jun 200219065223.733.34$6,685
May 200218476124.663.58$7,265
Apr 2002027223.653.51$955
Mar 200219467322.003.10$6,356
Feb 200217055618.222.38$4,418
Jan 200217867217.172.38$4,653
Dec 200116160316.932.36$4,151
Nov 200116689418.072.41$5,150
Oct 200131295019.782.53$8,574
Sep 200115994524.262.25$5,985
Aug 20011521,14324.873.05$7,270
Jul 20011551,28123.933.20$7,805
Jun 20013081,01324.563.82$11,438
May 200113868925.524.31$6,490
Apr 2001093424.685.34$4,983
Mar 200117389824.545.38$9,073
Feb 200117098227.755.77$10,381
Jan 20011551,12327.478.40$13,690
Dec 20001691,08526.889.12$14,441
Nov 200017887232.215.66$10,667
Oct 20001821,21631.235.15$11,941
Sep 20001751,27731.875.19$12,200
Aug 20001601,26729.644.54$10,496
Jul 200001,59428.534.09$6,519
Jun 200017092629.304.40$9,053
May 20001651,16827.263.68$8,796
Apr 200001,38524.513.12$4,316
Mar 20001711,67628.422.86$9,653
Feb 20001671,64127.622.73$9,087
Jan 200001,80525.272.48$4,477
Dec 19991821,97724.282.42$9,211
Nov 199901,30023.192.43$3,164
Oct 199901,14620.982.80$3,213
Sep 199917767821.752.62$5,625
Aug 1999093619.262.88$2,692
Jul 1999073717.892.37$1,748
Jun 199914887415.942.36$4,424
May 199901,13615.792.32$2,637
Apr 199901,04415.102.21$2,305
Mar 19991761,06412.471.84$4,151
Feb 199908369.981.82$1,520
Jan 199901,03510.381.90$1,966
Dec 19981131,1439.201.77$3,067
Nov 199801,09510.892.19$2,393
Oct 1998098912.421.97$1,948
Sep 1998089812.592.08$1,870
Aug 199801,15011.301.91$2,193
Jul 1998631,27311.742.24$3,588
Jun 199871,11811.242.24$2,580
May 199801,41412.622.21$3,120
Apr 19981511,20813.042.51$4,995
Mar 199802,23112.802.31$5,152
Feb 199801,89013.952.30$4,345
Jan 19981672,03014.702.15$6,829
Dec 199701,28616.322.41$3,101
Nov 199701,69018.193.09$5,219
Oct 199701,99819.253.15$6,293
Sep 199701,79717.742.95$5,310
Aug 19971373,82517.862.55$12,219
Jul 199703,07217.582.25$6,903
Jun 199702,11317.242.26$4,769
May 199701,50918.972.31$3,484
Apr 199702,07517.882.08$4,322
Mar 19971734,06818.951.94$11,167
Feb 199703,65620.492.21$8,065
Jan 199703,28223.483.54$11,617
Dec 19961793,70823.32$4,174
Nov 199602,71721.97$0
Oct 199601,43323.31$0
Sep 199603,96122.22$0
Aug 199603,28420.26$0
Jul 19961824,36919.55$3,558
Jun 199601,81518.73$0
May 199602,04019.43$0
Apr 199601,53821.51$0
Mar 199603,49419.38$0
Feb 19961783,79416.98$3,022
Jan 199604,47817.07$0
Dec 199504,09217.19$0
Nov 19951893,95716.00$3,024
Oct 199502,50915.43$0
Sep 199504,15416.18$0
Aug 199504,19315.92$0
Jul 19951814,72315.24$2,758
Jun 199504,56016.41$0
May 199504,72417.56$0
Apr 19951863,16817.73$3,298
Mar 199504,67316.44$0
Feb 199504,22416.58$0
Jan 19951754,67515.92$2,786
Dec 19941634,74615.03$2,450
Nov 199404,62815.90$0
Oct 199404,27715.58$0
Sep 199416910,20215.29$2,584
Aug 199405,92816.13$0
Jul 199405,34417.56$0
Jun 19941755,19117.09$2,991
May 199405,52015.88$0
Apr 19941778,31814.14$2,503
Mar 199409,93412.46$0
Feb 19941896,67112.50$2,363
Jan 199405,52312.66$0
Dec 199305,50612.33$0
Nov 19931845,37814.49$2,666
Oct 199305,60915.85$0
Sep 19931815,54515.03$2,720
Aug 199305,26015.66$0
Jul 19931655,89915.46$2,551
Jun 19931845,60616.79$3,089
May 199306,19317.68$0
Apr 199305,79018.05$0
Mar 19931775,76418.14$3,211
Feb 199305,12817.90$0
Jan 19931846,14416.93$3,115

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 2016 — as filed, then multipliedworked
Condensate           132 bbl  × $ 48.76 =     $6,436
Gas                   21 Mcf  × $  3.72 =        $78

────────────────────────────────────────────────────
Month total                                   $6,515

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. 09/G/119506 is the state's own key, not one this site invented.