PETREE 23

Name: PETREE 23 lease production and value, Jan 2001 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BCE-MACH III LLC (P-5 40209) in the HEMPHILL (GRANITE WASH.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 181106District 10Field 403112002 tax incentive programmesCondensateGasSave Export

Value, all time

$2.9 M

Jan 2001 – May 2026

Value, last 12 filed months

$47 k

at the published price for each month

Months reported

305

no gaps in the span

Streams

condensate, gas

The HEMPHILL (GRANITE WASH.) field

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 712 leases and 714 wells, and the rule below applies to all of them.

Discovered

1964-01-29

as the register files it

Field class

Oil and gas

the register's own label

Between wells

467 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2008-10-07.

The Commission's schedule remark for this field reads: “FIELD”

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2003-03-17	150735
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	1,520 bbl	$96,786
Gas	Production	575,193 Mcf	$2,797,366
Total			$2,894,152

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 35.7816, -100.3477. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.78159, -100.34768 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

0.0%

0 of 1 wells

With a plug date

0.0%

0 of 1 wells

Median depth

12,910 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

00.0%

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.

1100.0%

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 12,910 ft.

Completions filed

Jan 2001

1 of 1 wells

1 well


42-21132438	23	12,910 ft	Jan 2001	—	—

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 (305)

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

305 months


May 2026	0	1,046	106.41	3.05	$3,186
Apr 2026	0	1,017	98.93	2.87	$2,919
Mar 2026	0	1,097	89.75	3.15	$3,455
Feb 2026	0	859	63.50	3.75	$3,222
Jan 2026	0	1,180	59.13	8.00	$9,438
Dec 2025	0	1,050	56.66	4.41	$4,634
Nov 2025	0	1,035	58.59	3.93	$4,064
Oct 2025	0	1,093	59.38	3.30	$3,612
Sep 2025	0	854	62.74	3.08	$2,628
Aug 2025	0	1,068	63.93	3.01	$3,220
Jul 2025	0	1,079	66.74	3.32	$3,577
Jun 2025	0	1,048	66.48	3.13	$3,279
May 2025	0	1,096	60.55	3.23	$3,543
Apr 2025	0	1,063	62.36	3.54	$3,766
Mar 2025	0	1,116	67.70	4.27	$4,763
Feb 2025	0	1,310	70.88	4.34	$5,687
Jan 2025	0	1,146	74.32	4.28	$4,903
Dec 2024	0	973	68.99	3.12	$3,037
Nov 2024	0	1,089	69.05	2.20	$2,394
Oct 2024	0	961	71.37	2.28	$2,192
Sep 2024	0	1,082	69.61	2.36	$2,558
Aug 2024	0	1,100	75.63	2.06	$2,270
Jul 2024	0	1,024	79.93	2.15	$2,198
Jun 2024	0	1,097	78.08	2.63	$2,889
May 2024	0	1,085	78.81	2.20	$2,385
Apr 2024	0	1,069	84.45	1.66	$1,774
Mar 2024	0	1,072	80.30	1.55	$1,656
Feb 2024	0	939	76.09	1.78	$1,675
Jan 2024	0	1,184	73.02	3.30	$3,904
Dec 2023	0	1,112	71.26	2.61	$2,903
Nov 2023	0	1,083	77.89	2.81	$3,041
Oct 2023	0	1,070	85.44	3.09	$3,303
Sep 2023	0	1,147	89.04	2.74	$3,137
Aug 2023	0	1,029	80.52	2.67	$2,750
Jul 2023	0	645	74.85	2.64	$1,704
Jun 2023	0	876	68.96	2.26	$1,978
May 2023	0	1,114	70.62	2.23	$2,481
Apr 2023	0	1,070	78.12	2.24	$2,394
Mar 2023	0	1,119	72.85	2.39	$2,678
Feb 2023	0	1,103	75.11	2.47	$2,720
Jan 2023	0	1,136	76.53	3.39	$3,848
Dec 2022	0	891	76.41	5.73	$5,105
Nov 2022	0	1,058	85.00	5.65	$5,974
Oct 2022	0	1,059	87.18	5.86	$6,210
Sep 2022	0	1,046	84.88	8.16	$8,539
Aug 2022	0	1,118	94.52	9.13	$10,204
Jul 2022	0	1,148	101.58	7.54	$8,658
Jun 2022	0	1,075	115.09	7.98	$8,575
May 2022	0	1,102	109.37	8.43	$9,293
Apr 2022	0	1,163	104.22	6.84	$7,952
Mar 2022	0	1,219	108.88	5.08	$6,188
Feb 2022	0	1,124	91.05	4.86	$5,461
Jan 2022	0	1,458	81.84	4.54	$6,616
Dec 2021	0	1,072	71.32	3.90	$4,180
Nov 2021	0	1,039	77.43	5.24	$5,441
Oct 2021	0	1,090	79.79	5.71	$6,228
Sep 2021	0	0	69.86	5.35	$0
Aug 2021	0	0	66.02	4.22	$0
Jul 2021	0	0	70.78	3.98	$0
Jun 2021	0	1,065	69.49	3.38	$3,600
May 2021	0	1,149	63.48	3.02	$3,467
Apr 2021	0	1,132	60.36	2.76	$3,123
Mar 2021	0	1,210	61.30	2.72	$3,288
Feb 2021	0	755	57.80	5.55	$4,189
Jan 2021	0	1,032	50.41	2.81	$2,900
Dec 2020	0	966	44.64	2.68	$2,584
Nov 2020	0	1,093	38.77	2.71	$2,958
Oct 2020	0	1,158	36.97	2.48	$2,870
Sep 2020	0	1,138	37.09	1.99	$2,266
Aug 2020	0	1,272	39.98	2.39	$3,034
Jul 2020	0	1,298	38.37	1.83	$2,369
Jun 2020	0	893	34.90	1.69	$1,509
May 2020	0	0	16.92	1.81	$0
Apr 2020	0	0	14.75	1.80	$0
Mar 2020	11	988	30.34	1.86	$2,168
Feb 2020	0	1,056	49.88	1.98	$2,092
Jan 2020	11	1,340	57.25	2.09	$3,437
Dec 2019	0	675	59.01	2.30	$1,555
Nov 2019	0	975	55.30	2.75	$2,682
Oct 2019	10	1,009	53.47	2.42	$2,975
Sep 2019	0	1,098	55.05	2.66	$2,918
Aug 2019	0	1,145	53.11	2.30	$2,638
Jul 2019	0	1,154	56.27	2.46	$2,839
Jun 2019	0	1,048	52.78	2.49	$2,611
May 2019	9	1,170	58.48	2.74	$3,732
Apr 2019	0	1,196	62.63	2.75	$3,290
Mar 2019	0	1,198	56.80	3.06	$3,668
Feb 2019	0	1,063	50.85	2.79	$2,968
Jan 2019	0	1,191	46.03	3.23	$3,845
Dec 2018	0	1,008	46.59	4.19	$4,219
Nov 2018	0	1,149	52.93	4.24	$4,869
Oct 2018	4	945	61.44	3.40	$3,457
Sep 2018	0	1,157	59.54	3.11	$3,596
Aug 2018	0	1,225	59.40	3.07	$3,757
Jul 2018	0	1,204	65.14	2.93	$3,530
Jun 2018	0	1,099	60.18	3.08	$3,382
May 2018	0	1,030	65.38	2.90	$2,988
Apr 2018	4	1,039	63.84	2.90	$3,269
Mar 2018	0	1,060	61.22	2.79	$2,954
Feb 2018	0	1,010	61.78	2.77	$2,794
Jan 2018	4	1,042	62.87	4.01	$4,429
Dec 2017	0	1,143	57.27	2.92	$3,339
Nov 2017	0	1,029	55.42	3.12	$3,209
Oct 2017	3	1,085	49.29	2.98	$3,385
Sep 2017	0	1,032	47.52	3.09	$3,186
Aug 2017	0	1,113	45.37	3.00	$3,344
Jul 2017	0	1,042	43.87	3.09	$3,217
Jun 2017	2	1,059	42.49	3.09	$3,354
May 2017	0	1,077	45.37	3.26	$3,515
Apr 2017	0	1,061	47.93	3.21	$3,408
Mar 2017	3	1,064	46.77	2.98	$3,315
Feb 2017	0	942	50.45	2.95	$2,781
Jan 2017	1	1,016	49.41	3.42	$3,523
Dec 2016	3	1,107	48.76	3.72	$4,267
Nov 2016	0	1,088	42.49	2.64	$2,877
Oct 2016	3	1,140	46.19	3.09	$3,661
Sep 2016	0	1,093	41.55	3.10	$3,389
Aug 2016	2	1,118	41.44	2.92	$3,352
Jul 2016	0	1,141	41.62	2.92	$3,337
Jun 2016	4	1,113	45.35	2.69	$3,171
May 2016	0	1,210	42.52	1.99	$2,409
Apr 2016	0	1,264	36.56	1.99	$2,517
Mar 2016	0	1,319	33.01	1.79	$2,366
Feb 2016	0	1,180	26.47	2.06	$2,435
Jan 2016	0	1,218	27.35	2.36	$2,880
Dec 2015	0	1,187	32.36	2.00	$2,376
Nov 2015	0	1,219	38.79	2.17	$2,642
Oct 2015	0	1,269	43.55	2.43	$3,079
Sep 2015	0	1,240	42.99	2.76	$3,420
Aug 2015	0	1,255	40.16	2.87	$3,605
Jul 2015	0	1,418	48.15	2.95	$4,176
Jun 2015	0	1,408	56.15	2.88	$4,059
May 2015	5	1,562	55.21	2.96	$4,892
Apr 2015	0	1,244	49.82	2.71	$3,367
Mar 2015	0	755	42.89	2.93	$2,216
Feb 2015	0	1,096	44.66	2.98	$3,262
Jan 2015	0	837	43.43	3.10	$2,595
Dec 2014	0	1,025	54.69	3.59	$3,681
Nov 2014	0	1,085	70.46	4.25	$4,613
Oct 2014	0	1,438	78.30	3.90	$5,610
Sep 2014	0	1,397	86.16	4.05	$5,651
Aug 2014	0	1,471	89.39	4.04	$5,936
Jul 2014	0	1,447	96.56	4.18	$6,048
Jun 2014	0	1,369	98.16	4.74	$6,485
May 2014	0	1,291	94.73	4.73	$6,102
Apr 2014	2	1,418	95.94	4.81	$7,011
Mar 2014	0	1,189	95.89	5.06	$6,013
Feb 2014	0	1,430	97.40	6.19	$8,855
Jan 2014	0	1,505	90.40	4.86	$7,315
Dec 2013	0	1,038	91.82	4.35	$4,520
Nov 2013	0	683	88.85	3.74	$2,553
Oct 2013	0	789	97.42	3.78	$2,982
Sep 2013	0	1,069	104.11	3.72	$3,974
Aug 2013	0	1,213	104.25	3.52	$4,273
Jul 2013	0	1,051	102.52	3.72	$3,907
Jun 2013	0	816	94.40	3.93	$3,210
May 2013	0	1,071	94.83	4.15	$4,444
Apr 2013	0	894	93.96	4.28	$3,829
Mar 2013	0	1,268	93.62	3.91	$4,962
Feb 2013	0	924	91.23	3.42	$3,160
Jan 2013	0	1,381	91.60	3.42	$4,723
Dec 2012	0	1,250	86.77	3.42	$4,275
Nov 2012	0	1,408	86.95	3.62	$5,104
Oct 2012	0	1,355	89.38	3.40	$4,607
Sep 2012	0	1,397	94.67	2.92	$4,077
Aug 2012	0	1,462	92.66	2.91	$4,252
Jul 2012	0	1,311	85.13	3.02	$3,960
Jun 2012	0	1,357	79.82	2.52	$3,418
May 2012	0	1,478	91.61	2.49	$3,678
Apr 2012	0	1,269	101.65	2.00	$2,534
Mar 2012	0	1,218	105.05	2.22	$2,706
Feb 2012	0	1,250	101.10	2.57	$3,213
Jan 2012	0	1,082	98.09	2.73	$2,958
Dec 2011	0	1,445	96.87	3.24	$4,681
Nov 2011	0	1,384	95.72	3.31	$4,583
Oct 2011	0	1,346	84.98	3.65	$4,911
Sep 2011	0	1,412	83.62	3.99	$5,628
Aug 2011	0	1,486	83.40	4.15	$6,166
Jul 2011	0	1,591	94.14	4.52	$7,187
Jun 2011	0	1,627	92.90	4.64	$7,549
May 2011	0	1,718	98.13	4.40	$7,567
Apr 2011	0	1,480	105.96	4.33	$6,413
Mar 2011	181	1,441	96.36	4.06	$23,288
Feb 2011	0	1,259	85.64	4.18	$5,263
Jan 2011	0	1,302	86.50	4.59	$5,975
Dec 2010	0	1,531	85.73	4.35	$6,656
Nov 2010	0	1,595	80.84	3.80	$6,054
Oct 2010	0	1,613	78.10	3.51	$5,660
Sep 2010	0	1,631	72.63	3.98	$6,491
Aug 2010	0	1,396	73.68	4.42	$6,169
Jul 2010	0	2,229	72.55	4.74	$10,558
Jun 2010	0	1,072	70.36	4.91	$5,264
May 2010	0	1,445	71.12	4.24	$6,120
Apr 2010	0	1,388	81.69	4.12	$5,722
Mar 2010	0	1,592	78.39	4.39	$6,987
Feb 2010	0	1,586	73.58	5.44	$8,632
Jan 2010	0	2,218	74.36	5.96	$13,228
Dec 2009	0	1,382	71.44	5.48	$7,579
Nov 2009	0	1,633	74.59	3.75	$6,126
Oct 2009	188	1,700	72.54	4.11	$20,625
Sep 2009	0	1,691	65.54	3.06	$5,182
Aug 2009	0	1,736	67.42	3.22	$5,587
Jul 2009	0	1,712	61.13	3.46	$5,931
Jun 2009	0	1,621	66.16	3.90	$6,314
May 2009	0	1,810	54.74	3.93	$7,106
Apr 2009	0	1,769	46.77	3.59	$6,346
Mar 2009	0	1,824	42.14	4.06	$7,404
Feb 2009	0	1,342	32.81	4.63	$6,217
Jan 2009	0	1,470	35.86	5.37	$7,895
Dec 2008	0	1,532	37.10	5.98	$9,157
Nov 2008	0	1,365	55.49	6.86	$9,364
Oct 2008	0	1,583	75.24	6.92	$10,957
Sep 2008	0	1,579	101.76	7.88	$12,438
Aug 2008	0	1,674	114.22	8.48	$14,201
Jul 2008	0	1,777	131.08	11.39	$20,239
Jun 2008	0	1,554	131.33	13.03	$20,253
May 2008	0	1,788	123.17	11.57	$20,695
Apr 2008	0	1,485	110.31	10.45	$15,525
Mar 2008	191	1,815	101.90	9.66	$37,003
Feb 2008	0	1,703	92.53	8.77	$14,936
Jan 2008	0	2,149	90.38	8.21	$17,634
Dec 2007	0	1,514	88.33	7.30	$11,055
Nov 2007	0	1,771	91.67	7.29	$12,914
Oct 2007	0	1,884	82.85	6.92	$13,041
Sep 2007	0	1,864	75.84	6.24	$11,639
Aug 2007	0	1,952	69.06	6.39	$12,469
Jul 2007	0	1,989	70.90	6.39	$12,706
Jun 2007	0	2,007	62.00	7.55	$15,150
May 2007	0	1,645	58.74	7.85	$12,907
Apr 2007	0	1,756	59.61	7.81	$13,706
Mar 2007	0	2,848	56.92	7.30	$20,796
Feb 2007	0	2,210	55.10	8.22	$18,157
Jan 2007	0	2,147	50.30	6.73	$14,443
Dec 2006	0	2,107	56.65	6.92	$14,577
Nov 2006	0	2,143	54.20	7.62	$16,324
Oct 2006	0	2,197	54.90	6.01	$13,212
Sep 2006	0	2,190	60.08	5.04	$11,031
Aug 2006	170	2,258	68.71	7.34	$28,254
Jul 2006	0	2,352	69.37	6.34	$14,918
Jun 2006	0	4,944	66.28	6.38	$31,562
May 2006	0	4,438	66.01	6.42	$28,514
Apr 2006	0	2,846	64.39	7.36	$20,948
Mar 2006	0	2,362	56.70	7.08	$16,730
Feb 2006	0	3,164	57.59	7.75	$24,525
Jan 2006	0	2,402	60.59	8.93	$21,458
Dec 2005	155	2,449	54.94	13.42	$41,370
Nov 2005	0	2,565	54.69	10.59	$27,159
Oct 2005	0	2,724	58.34	13.80	$37,580
Sep 2005	0	2,374	61.45	12.08	$28,676
Aug 2005	0	2,383	61.51	9.80	$23,346
Jul 2005	0	2,428	55.69	7.84	$19,044
Jun 2005	0	2,350	52.33	7.38	$17,345
May 2005	0	2,486	45.22	6.65	$16,535
Apr 2005	0	2,441	49.20	7.36	$17,967
Mar 2005	195	2,559	50.37	7.15	$28,131
Feb 2005	0	2,319	45.22	6.31	$14,637
Jan 2005	0	2,019	43.16	6.32	$12,765
Dec 2004	0	2,536	39.86	6.75	$17,121
Nov 2004	0	2,358	45.28	6.33	$14,927
Oct 2004	0	2,649	49.70	6.52	$17,259
Sep 2004	0	2,555	43.24	5.28	$13,500
Aug 2004	178	2,706	42.37	5.55	$22,562
Jul 2004	0	2,786	38.28	6.08	$16,951
Jun 2004	0	2,712	36.10	6.43	$17,446
May 2004	0	2,896	37.48	6.49	$18,808
Apr 2004	0	3,153	34.47	5.86	$18,472
Mar 2004	0	2,894	34.36	5.53	$16,004
Feb 2004	0	2,841	32.45	5.51	$15,653
Jan 2004	0	3,116	32.03	6.30	$19,630
Dec 2003	0	3,449	30.26	6.30	$21,734
Nov 2003	0	2,951	28.80	4.60	$13,560
Oct 2003	0	3,268	28.17	4.76	$15,555
Sep 2003	0	3,288	26.31	4.75	$15,616
Aug 2003	0	3,541	29.76	5.13	$18,164
Jul 2003	0	3,601	29.41	5.17	$18,620
Jun 2003	0	3,841	28.56	5.98	$22,981
May 2003	0	4,336	26.59	5.97	$25,898
Apr 2003	0	4,342	26.67	5.41	$23,478
Mar 2003	0	3,622	31.14	6.10	$22,080
Feb 2003	0	3,475	33.48	7.93	$27,542
Jan 2003	0	4,025	30.31	5.58	$22,468
Dec 2002	0	3,653	26.91	4.85	$17,731
Nov 2002	0	3,379	24.66	4.14	$13,979
Oct 2002	0	4,328	26.46	4.23	$18,304
Sep 2002	0	4,305	27.44	3.64	$15,650
Aug 2002	0	4,597	25.96	3.16	$14,546
Jul 2002	0	4,847	24.58	3.06	$14,840
Jun 2002	0	4,676	23.73	3.34	$15,610
May 2002	0	3,420	24.66	3.58	$12,257
Apr 2002	0	3,796	23.65	3.51	$13,333
Mar 2002	0	4,329	22.00	3.10	$13,432
Feb 2002	0	4,511	18.22	2.38	$10,717
Jan 2002	0	4,829	17.17	2.38	$11,472
Dec 2001	0	5,110	16.93	2.36	$12,082
Nov 2001	0	4,663	18.07	2.41	$11,217
Oct 2001	0	5,547	19.78	2.53	$14,028
Sep 2001	0	5,841	24.26	2.25	$13,150
Aug 2001	0	6,470	24.87	3.05	$19,754
Jul 2001	0	6,940	23.93	3.20	$22,188
Jun 2001	0	7,209	24.56	3.82	$27,568
May 2001	0	8,193	25.52	4.31	$35,290
Apr 2001	181	9,075	24.68	5.34	$52,885
Mar 2001	0	10,594	24.54	5.38	$56,958
Feb 2001	0	12,126	27.75	5.77	$69,932
Jan 2001	0	14,570	27.47	8.40	$122,370

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 2026 — as filed, then multipliedworked

Condensate             0 bbl  × $106.41 =         $0
Gas                1,046 Mcf  × $  3.05 =     $3,186

────────────────────────────────────────────────────
Month total                                   $3,186

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. 10/G/181106 is the state's own key, not one this site invented.