PETERSON -A-

Operated by SIGNAL OIL COMPANY, LLC (P-5 780323) in the EAST TEXAS field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 6605District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$877 k
Jan 1993 – Sep 2013
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
249
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 2,264 leases and 17,267 wells, and the rule below applies to all of them.

Discovered
1930-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
330 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2015-01-27.

The Commission's schedule remark for this field reads: THIS ORDER TO BE CANCELLED

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
OilDisposition18,590 bbl$877,418
Casinghead gasProduction1,064 Mcf$14
Total$877,432

1,058 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.

Every month this lease reported (249)

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

249 months

Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 201231086.773.42$2,690
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 2012147094.672.92$13,916
Aug 2012121092.662.91$11,212
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 2012159091.612.49$14,566
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 20121650101.102.57$16,682
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 2011164083.623.99$13,714
Aug 20110083.404.15$0
Jul 2011154094.144.52$14,498
Jun 20110092.904.64$0
May 2011162098.134.40$15,897
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 2011147085.644.18$12,589
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 2010146072.633.98$10,604
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 2010161070.364.91$11,328
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 2010167078.394.39$13,091
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 2009166071.445.48$11,859
Nov 20090074.593.75$0
Oct 2009178072.544.11$12,912
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 2009121061.133.46$7,397
Jun 2009160066.163.90$10,586
May 2009140054.743.93$7,664
Apr 20090046.773.59$0
Mar 2009162042.144.06$6,827
Feb 2009176032.814.63$5,775
Jan 2009162035.865.37$5,809
Dec 2008154037.105.98$5,713
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 20081760101.767.88$17,910
Aug 200800114.228.48$0
Jul 20081530131.0811.39$20,055
Jun 200800131.3313.03$0
May 20081700123.1711.57$20,939
Apr 200800110.3110.45$0
Mar 20081410101.909.66$14,368
Feb 2008151092.538.77$13,972
Jan 20080090.388.21$0
Dec 2007159088.337.30$14,044
Nov 2007163091.677.29$14,942
Oct 2007153082.856.92$12,676
Sep 2007180075.846.24$13,651
Aug 2007148069.066.39$10,221
Jul 20070070.906.39$0
Jun 2007179062.007.55$11,098
May 2007152058.747.85$8,928
Apr 2007141059.617.81$8,405
Mar 2007160056.927.30$9,107
Feb 2007166055.108.22$9,147
Jan 2007144050.306.73$7,243
Dec 2006175056.656.92$9,914
Nov 2006156054.207.62$8,455
Oct 2006168054.906.01$9,223
Sep 2006154060.085.04$9,252
Aug 2006162068.717.34$11,131
Jul 2006163069.376.34$11,307
Jun 2006173066.286.38$11,466
May 2006159066.016.42$10,496
Apr 20060064.397.36$0
Mar 2006147056.707.08$8,335
Feb 2006155057.597.75$8,926
Jan 2006188060.598.93$11,391
Dec 2005181054.9413.42$9,944
Nov 2005177054.6910.59$9,680
Oct 2005185058.3413.80$10,793
Sep 2005180061.4512.08$11,061
Aug 2005155061.519.80$9,534
Jul 2005148055.697.84$8,242
Jun 2005177052.337.38$9,262
May 2005113045.226.65$5,110
Apr 2005141049.207.36$6,937
Mar 2005139050.377.15$7,001
Feb 2005179045.226.31$8,094
Jan 2005165043.166.32$7,121
Dec 2004173039.866.75$6,896
Nov 2004148045.286.33$6,701
Oct 2004182049.706.52$9,045
Sep 2004187043.245.28$8,086
Aug 2004145042.375.55$6,144
Jul 2004165038.286.08$6,316
Jun 2004144036.106.43$5,198
May 20040037.486.49$0
Apr 2004134034.475.86$4,619
Mar 2004153034.365.53$5,257
Feb 2004155032.455.51$5,030
Jan 2004174032.036.30$5,573
Dec 2003189030.266.30$5,719
Nov 20030028.804.60$0
Oct 2003152028.174.76$4,282
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 2003148026.595.97$3,935
Apr 20030026.675.41$0
Mar 2003170031.146.10$5,294
Feb 20030033.487.93$0
Jan 2003149030.315.58$4,516
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 2002191026.464.23$5,054
Sep 20020027.443.64$0
Aug 2002182025.963.16$4,725
Jul 2002189024.583.06$4,646
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 2002172023.653.51$4,068
Mar 20020022.003.10$0
Feb 2002163018.222.38$2,970
Jan 20020017.172.38$0
Dec 2001184016.932.36$3,115
Nov 20010018.072.41$0
Oct 2001183019.782.53$3,620
Sep 20010024.262.25$0
Aug 2001153024.873.05$3,805
Jul 20010023.933.20$0
Jun 2001191024.563.82$4,691
May 2001190025.524.31$4,849
Apr 2001190024.685.34$4,689
Mar 2001187024.545.38$4,589
Feb 2001179027.755.77$4,967
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 2000174032.215.66$5,605
Oct 2000152031.235.15$4,747
Sep 20000031.875.19$0
Aug 2000187029.644.54$5,543
Jul 200071028.534.09$2,026
Jun 20000029.304.40$0
May 2000112027.263.68$3,053
Apr 2000185024.513.12$4,534
Mar 2000188028.422.86$5,343
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 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
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 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 1998154012.802.31$1,971
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 199758016.322.41$947
Nov 199775018.193.09$1,364
Oct 199778019.253.15$1,502
Sep 199751017.742.95$905
Aug 199786017.862.55$1,536
Jul 1997136017.582.25$2,391
Jun 199775117.242.26$1,295
May 199780118.972.31$1,520
Apr 1997123117.882.08$2,201
Mar 199768118.951.94$1,291
Feb 19970120.492.21$2
Jan 199771123.483.54$1,671
Dec 19960123.32$0
Nov 19960121.97$0
Oct 199644123.31$1,026
Sep 199684122.22$1,866
Aug 19960120.26$0
Jul 199658119.55$1,134
Jun 1996287118.73$5,376
May 19960119.43$0
Apr 19960121.51$0
Mar 19960119.38$0
Feb 19960116.98$0
Jan 1996135117.07$2,304
Dec 1995139117.19$2,389
Nov 1995165116.00$2,640
Oct 19950115.43$0
Sep 19950116.18$0
Aug 19950115.92$0
Jul 19950115.24$0
Jun 19950116.41$0
May 19950117.56$0
Apr 19950117.73$0
Mar 19950116.44$0
Feb 19950116.58$0
Jan 19950115.92$0
Dec 19940115.03$0
Nov 19940615.90$0
Oct 19940115.58$0
Sep 1994143715.29$2,186
Aug 19940116.13$0
Jul 199402917.56$0
Jun 199403717.09$0
May 199403215.88$0
Apr 19941133914.14$1,598
Mar 199401912.46$0
Feb 19941663512.50$2,075
Jan 199405112.66$0
Dec 19931747812.33$2,145
Nov 199309014.49$0
Oct 19931735515.85$2,742
Sep 199308315.03$0
Aug 19931738515.66$2,709
Jul 199305415.46$0
Jun 199304816.79$0
May 19931285617.68$2,263
Apr 199303418.05$0
Mar 199304618.14$0
Feb 199306617.90$0
Jan 19931438116.93$2,421

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.

Dec 2012 — as filed, then multipliedworked
Oil                   31 bbl  × $ 86.77 =     $2,690
Casinghead gas         0 Mcf  × $  3.42 =         $0

────────────────────────────────────────────────────
Month total                                   $2,690

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. 6E/O/6605 is the state's own key, not one this site invented.