PEERY, HOLLENE "B"

Operated by BP AMERICA PRODUCTION COMPANY (P-5 40798) in the LIPSCOMB (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 183775District 10Field 538692702 tax incentive programmesCondensateGasSaveExport
Value, all time
$173 k
May 2001 – Aug 2012
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
136
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 1,389 leases and 1,486 wells, and the rule below applies to all of them.

Discovered
1958-05-24
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 40 acres. The field rule took effect on 2013-08-06.

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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112001-09-21144879
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
CondensateDisposition582 bbl$27,155
GasProduction29,387 Mcf$145,662
Total$172,817

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 36.1553, -100.3877. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.15533, -100.38772 · 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
8,320 ft
1 wells filed one
Completion to plug
11.3 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 8,320 ft.

Completions filed
May 2001
1 of 1 wells
Plug dates filed
Aug 2012
1 of 1 wells

Last completion to plug: a median of 11.3 years across the 1 well that filed both dates, with the middle half between 11.3 years and 11.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2953257223318,320 ftMay 2001Aug 2012Yes

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 (136)

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

136 months

Aug 2012551892.662.91$5,149
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 2012032105.052.22$71
Feb 20120115101.102.57$296
Jan 2012014098.092.73$383
Dec 201104796.873.24$152
Nov 201109295.723.31$305
Oct 201108484.983.65$306
Sep 201106983.623.99$275
Aug 2011010383.404.15$427
Jul 2011010794.144.52$483
Jun 2011010692.904.64$492
May 2011010998.134.40$480
Apr 20110100105.964.33$433
Mar 201108796.364.06$353
Feb 201109485.644.18$393
Jan 201107086.504.59$321
Dec 2010011685.734.35$504
Nov 2010010980.843.80$414
Oct 2010011478.103.51$400
Sep 2010010672.633.98$422
Aug 2010013273.684.42$583
Jul 2010011172.554.74$526
Jun 2010010670.364.91$521
May 201017010871.124.24$12,548
Apr 2010012781.694.12$524
Mar 2010013978.394.39$610
Feb 2010011573.585.44$626
Jan 2010013474.365.96$799
Dec 200909971.445.48$543
Nov 2009011674.593.75$435
Oct 2009011272.544.11$460
Sep 2009011865.543.06$362
Aug 2009012067.423.22$386
Jul 2009013361.133.46$461
Jun 2009011966.163.90$464
May 2009013554.743.93$530
Apr 200907146.773.59$255
Mar 20090042.144.06$0
Feb 2009011432.814.63$528
Jan 200909135.865.37$489
Dec 2008011237.105.98$669
Nov 2008012055.496.86$823
Oct 2008013775.246.92$948
Sep 20080130101.767.88$1,024
Aug 20080132114.228.48$1,120
Jul 20080132131.0811.39$1,503
Jun 20080135131.3313.03$1,759
May 20080148123.1711.57$1,713
Apr 20080149110.3110.45$1,558
Mar 20080157101.909.66$1,517
Feb 2008014592.538.77$1,272
Jan 2008019190.388.21$1,567
Dec 2007023988.337.30$1,745
Nov 2007023291.677.29$1,692
Oct 2007010482.856.92$720
Sep 200708875.846.24$549
Aug 200708569.066.39$543
Jul 200703370.906.39$211
Jun 200707962.007.55$596
May 200709258.747.85$722
Apr 200709659.617.81$749
Mar 2007011056.927.30$803
Feb 200709755.108.22$797
Jan 2007011550.306.73$774
Dec 2006012756.656.92$879
Nov 2006013154.207.62$998
Oct 2006014154.906.01$848
Sep 2006013360.085.04$670
Aug 2006015968.717.34$1,167
Jul 2006019769.376.34$1,250
Jun 2006012166.286.38$772
May 2006012666.016.42$810
Apr 2006013064.397.36$957
Mar 2006012756.707.08$900
Feb 2006014257.597.75$1,101
Jan 2006016060.598.93$1,429
Dec 2005016354.9413.42$2,187
Nov 2005016354.6910.59$1,726
Oct 2005017558.3413.80$2,414
Sep 2005014461.4512.08$1,739
Aug 2005017361.519.80$1,695
Jul 2005021855.697.84$1,710
Jun 200503352.337.38$244
May 2005011245.226.65$745
Apr 2005019649.207.36$1,443
Mar 2005021150.377.15$1,510
Feb 2005018245.226.31$1,149
Jan 2005020343.166.32$1,283
Dec 2004024239.866.75$1,634
Nov 2004031745.286.33$2,007
Oct 200404249.706.52$274
Sep 200406643.245.28$349
Aug 2004011242.375.55$622
Jul 2004021238.286.08$1,290
Jun 2004026236.106.43$1,685
May 200418937437.486.49$9,513
Apr 200401434.475.86$82
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 200305230.266.30$328
Nov 2003024228.804.60$1,112
Oct 2003028228.174.76$1,342
Sep 2003027126.314.75$1,287
Aug 2003027829.765.13$1,426
Jul 2003034029.415.17$1,758
Jun 2003030228.565.98$1,807
May 2003032526.595.97$1,941
Apr 2003020526.675.41$1,108
Mar 2003030031.146.10$1,829
Feb 2003031133.487.93$2,465
Jan 2003036830.315.58$2,054
Dec 2002038326.914.85$1,859
Nov 2002039724.664.14$1,642
Oct 2002038926.464.23$1,645
Sep 2002044027.443.64$1,599
Aug 2002040625.963.16$1,285
Jul 2002046924.583.06$1,436
Jun 2002050223.733.34$1,676
May 2002051724.663.58$1,853
Apr 2002051723.653.51$1,816
Mar 2002059022.003.10$1,831
Feb 2002055518.222.38$1,319
Jan 200216863717.172.38$4,398
Dec 2001068616.932.36$1,622
Nov 2001069018.072.41$1,660
Oct 2001076719.782.53$1,940
Sep 2001077224.262.25$1,738
Aug 2001085324.873.05$2,604
Jul 200101,00123.933.20$3,200
Jun 200101,07224.563.82$4,100
May 200102,08425.524.31$8,976

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 2012 — as filed, then multipliedworked
Condensate            55 bbl  × $ 92.66 =     $5,096
Gas                   18 Mcf  × $  2.91 =        $52

────────────────────────────────────────────────────
Month total                                   $5,149

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/183775 is the state's own key, not one this site invented.