J. R. WHITLEY

Operated by PEBA OIL & GAS, INC. (P-5 648640) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 33150District 09Field 65280200OilCasinghead gasSaveExport
Value, all time
$110 k
May 2012 – Sep 2023
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
137
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 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
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 20 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
OilDisposition128 bbl$8,193
Casinghead gasProduction30,065 Mcf$102,195
Total$110,389

Every month this lease reported (137)

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

137 months

Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 202338070.622.23$2,684
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
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 201890061.222.79$5,510
Feb 20180061.782.77$0
Jan 2018015562.874.01$621
Dec 2017020657.272.92$602
Nov 2017020455.423.12$636
Oct 2017027049.292.98$806
Sep 2017021747.523.09$670
Aug 2017015845.373.00$475
Jul 2017021443.873.09$661
Jun 2017012642.493.09$389
May 2017026345.373.26$858
Apr 2017016347.933.21$523
Mar 2017013146.772.98$391
Feb 2017021850.452.95$644
Jan 2017030149.413.42$1,029
Dec 2016075148.763.72$2,796
Nov 2016016542.492.64$436
Oct 2016024646.193.09$760
Sep 2016024041.553.10$744
Aug 2016031541.442.92$921
Jul 2016027441.622.92$801
Jun 2016036045.352.69$967
May 2016025442.521.99$506
Apr 2016036036.561.99$717
Mar 2016037333.011.79$669
Feb 2016028626.472.06$590
Jan 2016042827.352.36$1,012
Dec 2015045532.362.00$911
Nov 2015048938.792.17$1,060
Oct 2015044243.552.43$1,073
Sep 2015032942.992.76$908
Aug 2015033740.162.87$968
Jul 2015018148.152.95$533
Jun 2015027456.152.88$790
May 2015038355.212.96$1,132
Apr 2015043349.822.71$1,172
Mar 2015013242.892.93$387
Feb 2015015944.662.98$473
Jan 2015020343.433.10$629
Dec 2014035454.693.59$1,271
Nov 2014022570.464.25$957
Oct 2014041478.303.90$1,615
Sep 2014036386.164.05$1,468
Aug 2014035289.394.04$1,420
Jul 2014041996.564.18$1,751
Jun 2014045598.164.74$2,155
May 2014048994.734.73$2,311
Apr 2014055195.944.81$2,650
Mar 2014037095.895.06$1,871
Feb 20140097.406.19$0
Jan 2014031990.404.86$1,551
Dec 2013055091.824.35$2,395
Nov 2013055088.853.74$2,056
Oct 2013060597.423.78$2,287
Sep 20130718104.113.72$2,669
Aug 20130852104.253.52$3,001
Jul 20130872102.523.72$3,242
Jun 201301,02294.403.93$4,020
May 201301,00494.834.15$4,166
Apr 201301,18993.964.28$5,092
Mar 201301,41993.623.91$5,552
Feb 201301,35491.233.42$4,631
Jan 201301,11691.603.42$3,817
Dec 201207386.773.42$250
Nov 2012013286.953.62$478
Oct 2012028689.383.40$972
Sep 2012029194.672.92$849
Aug 2012030792.662.91$893
Jul 2012043885.133.02$1,323
Jun 201201,56279.822.52$3,935
May 2012091991.612.49$2,287

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.

May 2023 — as filed, then multipliedworked
Oil                   38 bbl  × $ 70.62 =     $2,684
Casinghead gas         0 Mcf  × $  2.23 =         $0

────────────────────────────────────────────────────
Month total                                   $2,684

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/33150 is the state's own key, not one this site invented.