PEYSON, W. J.

Operated by WELLS OILFIELD SERVICES, INC. (P-5 907973) in the ALVORD, SOUTH (ATOKA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 125483District 09Field 02148083CondensateGasSaveExport
Value, all time
$19 k
Jan 1993 – Feb 2001
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
98
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 173 leases and 179 wells, and the rule below applies to all of them.

Discovered
1958-01-03
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

The Commission's schedule remark for this field reads: NET GOR OF 1000 MCF; EFFECTIVE 6/1/82

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
CondensateDisposition322 bbl$6,477
GasProduction20,112 Mcf$12,638
Total$19,115

14,775 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 33.2897, -97.6311. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.28967, -97.63109 · 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
100.0%
1 of 1 wells
Median depth
6,300 ft
1 wells filed one
Completion to plug
15.9 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 6,300 ft.

Completions filed
Dec 1984
1 of 1 wells
Plug dates filed
Nov 2000
1 of 1 wells

Last completion to plug: a median of 15.9 years across the 1 well that filed both dates, with the middle half between 15.9 years and 15.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4973286116,300 ftDec 1984Nov 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 (98)

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

98 months

Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 200058032.215.66$1,868
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990119.262.88$3
Jul 19990017.892.37$0
Jun 19990115.942.36$2
May 19990215.792.32$5
Apr 19990215.102.21$4
Mar 19990212.471.84$4
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 199809611.742.24$215
Jun 19980811.242.24$18
May 1998017612.622.21$388
Apr 1998017813.042.51$446
Mar 1998015612.802.31$360
Feb 1998014213.952.30$326
Jan 199809614.702.15$207
Dec 1997011716.322.41$282
Nov 199710112218.193.09$2,214
Oct 1997020719.253.15$652
Sep 1997024417.742.95$721
Aug 1997023317.862.55$595
Jul 1997031117.582.25$699
Jun 1997031017.242.26$700
May 1997059018.972.31$1,362
Apr 1997081917.882.08$1,706
Mar 1997080418.951.94$1,559
Feb 1997040620.492.21$896
Jan 1997031423.483.54$1,111
Dec 1996019923.32$0
Nov 1996021621.97$0
Oct 1996018223.31$0
Sep 1996019022.22$0
Aug 1996016220.26$0
Jul 1996020619.55$0
Jun 1996016618.73$0
May 1996019619.43$0
Apr 1996018321.51$0
Mar 1996027019.38$0
Feb 1996055516.98$0
Jan 1996021017.07$0
Dec 1995021317.19$0
Nov 1995021516.00$0
Oct 1995017615.43$0
Sep 1995015516.18$0
Aug 1995021615.92$0
Jul 1995022315.24$0
Jun 1995027616.41$0
May 19951922717.56$334
Apr 1995016617.73$0
Mar 1995021916.44$0
Feb 1995020416.58$0
Jan 1995039615.92$0
Dec 1994035315.03$0
Nov 1994043715.90$0
Oct 1994036315.58$0
Sep 1994027715.29$0
Aug 1994015616.13$0
Jul 1994017917.56$0
Jun 1994015717.09$0
May 1994030315.88$0
Apr 1994034714.14$0
Mar 1994024712.46$0
Feb 1994032912.50$0
Jan 1994032412.66$0
Dec 1993040012.33$0
Nov 1993038214.49$0
Oct 1993045115.85$0
Sep 1993042015.03$0
Aug 1993061815.66$0
Jul 1993053915.46$0
Jun 1993054916.79$0
May 1993049417.68$0
Apr 1993049118.05$0
Mar 1993052318.14$0
Feb 1993049717.90$0
Jan 199314451816.93$2,438

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.

Nov 2000 — as filed, then multipliedworked
Condensate            58 bbl  × $ 32.21 =     $1,868
Gas                    0 Mcf  × $  5.66 =         $0

────────────────────────────────────────────────────
Month total                                   $1,868

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/125483 is the state's own key, not one this site invented.