PETERSON "A"

Operated by PETERSON, DON COMPANY (P-5 658673) in the YOUNG COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 21981District 09Field 99480001OilCasinghead gasSaveExport
Value, all time
$290 k
Jan 1993 – Sep 2006
Value, last 12 filed months
$0
at the published price for each month
Months reported
165
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 2,525 leases and 8,014 wells, and the rule below applies to all of them.

Discovered
1917-12-31
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

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
OilDisposition13,698 bbl$289,901
Casinghead gasProduction2,523 Mcf$0
Total$289,901

2,523 Mcf of this lease's gas, across 21 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 33.3357, -98.4666. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.33565, -98.46658 · 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
4,911 ft
1 wells filed one
Completion to plug
24.3 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 4,911 ft.

Completions filed
Mar 1982
1 of 1 wells
Plug dates filed
Jul 2006
1 of 1 wells

Last completion to plug: a median of 24.3 years across the 1 well that filed both dates, with the middle half between 24.3 years and 24.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-5033463514,911 ftMar 1982Jul 2006Yes

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 (165)

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

165 months

Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 200563061.519.80$3,875
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 2005163045.226.65$7,371
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 200551045.226.31$2,306
Jan 20050043.166.32$0
Dec 2004177039.866.75$7,055
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 2004112043.245.28$4,843
Aug 20040042.375.55$0
Jul 2004166038.286.08$6,354
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 200492034.475.86$3,171
Mar 20040034.365.53$0
Feb 2004162032.455.51$5,257
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 200390028.804.60$2,592
Oct 20030028.174.76$0
Sep 200393026.314.75$2,447
Aug 20030029.765.13$0
Jul 2003178029.415.17$5,235
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 2003175026.675.41$4,667
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 200390030.315.58$2,728
Dec 20020026.914.85$0
Nov 2002160024.664.14$3,946
Oct 20020026.464.23$0
Sep 200297027.443.64$2,662
Aug 20020025.963.16$0
Jul 2002162024.583.06$3,982
Jun 20020023.733.34$0
May 2002112024.663.58$2,762
Apr 20020023.653.51$0
Mar 2002174022.003.10$3,828
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 2001182016.932.36$3,081
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 200186024.262.25$2,086
Aug 2001182024.873.05$4,526
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 2001156025.524.31$3,981
Apr 20010024.685.34$0
Mar 2001183024.545.38$4,491
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 2000157026.889.12$4,220
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 2000134031.875.19$4,271
Aug 20000029.644.54$0
Jul 2000183028.534.09$5,221
Jun 200094029.304.40$2,754
May 2000141027.263.68$3,844
Apr 20000024.513.12$0
Mar 2000171028.422.86$4,860
Feb 20000027.622.73$0
Jan 2000175025.272.48$4,422
Dec 1999177024.282.42$4,298
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 1999174021.752.62$3,785
Aug 19990019.262.88$0
Jul 1999180017.892.37$3,220
Jun 19990015.942.36$0
May 1999246015.792.32$3,884
Apr 1999184015.102.21$2,778
Mar 1999187012.471.84$2,332
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 1998164012.592.08$2,065
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 1998139012.802.31$1,779
Feb 19980013.952.30$0
Jan 1998178014.702.15$2,617
Dec 19970016.322.41$0
Nov 1997155018.193.09$2,819
Oct 19970019.253.15$0
Sep 1997170017.742.95$3,016
Aug 19970017.862.55$0
Jul 1997317017.582.25$5,573
Jun 19970017.242.26$0
May 1997156018.972.31$2,959
Apr 1997144017.882.08$2,575
Mar 1997333018.951.94$6,310
Feb 19970020.492.21$0
Jan 1997167023.483.54$3,921
Dec 1996157023.32$3,661
Nov 1996163021.97$3,581
Oct 1996175023.31$4,079
Sep 1996167022.22$3,711
Aug 1996181020.26$3,667
Jul 1996141019.55$2,757
Jun 1996183018.73$3,428
May 1996164019.43$3,187
Apr 1996322021.51$6,926
Mar 1996176019.38$3,411
Feb 1996340016.98$5,773
Jan 1996166017.07$2,834
Dec 1995307017.19$5,277
Nov 1995154016.00$2,464
Oct 1995172015.43$2,654
Sep 19950016.18$0
Aug 1995121015.92$1,926
Jul 1995106015.24$1,615
Jun 199590016.41$1,477
May 199572017.56$1,264
Apr 1995147017.73$2,606
Mar 1995213016.44$3,502
Feb 19950016.58$0
Jan 1995138015.92$2,197
Dec 199492015.03$1,383
Nov 1994135015.90$2,147
Oct 1994276015.58$4,300
Sep 19940115.29$0
Aug 199489116.13$1,436
Jul 19940117.56$0
Jun 199411214017.09$1,914
May 199411514015.88$1,826
Apr 199411614014.14$1,640
Mar 199411414012.46$1,420
Feb 1994414012.50$50
Jan 199411014012.66$1,393
Dec 199311314012.33$1,393
Nov 199311614014.49$1,681
Oct 199311414015.85$1,807
Sep 199311514015.03$1,728
Aug 199311014015.66$1,723
Jul 199311514015.46$1,778
Jun 199311114016.79$1,864
May 199311014017.68$1,945
Apr 199321814018.05$3,935
Mar 199311514018.14$2,086
Feb 199311714017.90$2,094
Jan 19939414016.93$1,591

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 2005 — as filed, then multipliedworked
Oil                   63 bbl  × $ 61.51 =     $3,875
Casinghead gas         0 Mcf  × $  9.80 =         $0

────────────────────────────────────────────────────
Month total                                   $3,875

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/O/21981 is the state's own key, not one this site invented.