PETERSON, M. E., ETAL

Operated by CHEVRON U. S. A. INC. (P-5 148113) 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 6842District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$661 k
Jan 1993 – May 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
317
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
OilDisposition35,204 bbl$660,432
Casinghead gasProduction435 Mcf$228
Total$660,660

363 Mcf of this lease's gas, across 47 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 (317)

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

317 months

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 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
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 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
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 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 200468045.286.33$3,079
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 2004191032.455.51$6,198
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 2003175029.765.13$5,208
Jul 2003172029.415.17$5,059
Jun 2003181028.565.98$5,169
May 2003175026.595.97$4,653
Apr 2003171026.675.41$4,561
Mar 2003171031.146.10$5,325
Feb 2003163033.487.93$5,457
Jan 2003175030.315.58$5,304
Dec 2002164126.914.85$4,418
Nov 2002164124.664.14$4,048
Oct 2002173126.464.23$4,582
Sep 2002177127.443.64$4,861
Aug 2002183125.963.16$4,754
Jul 2002164124.583.06$4,034
Jun 2002173123.733.34$4,109
May 2002172124.663.58$4,245
Apr 2002171123.653.51$4,048
Mar 2002163122.003.10$3,589
Feb 2002176118.222.38$3,209
Jan 2002342117.172.38$5,875
Dec 20010116.932.36$2
Nov 2001175118.072.41$3,165
Oct 2001179119.782.53$3,543
Sep 2001163124.262.25$3,957
Aug 2001175124.873.05$4,355
Jul 2001174123.933.20$4,167
Jun 2001180124.563.82$4,425
May 2001171125.524.31$4,368
Apr 2001186124.685.34$4,596
Mar 2001185124.545.38$4,545
Feb 2001188127.755.77$5,223
Jan 2001192127.478.40$5,283
Dec 2000189126.889.12$5,089
Nov 2000189132.215.66$6,093
Oct 2000184131.235.15$5,751
Sep 2000187131.875.19$5,965
Aug 2000187129.644.54$5,547
Jul 2000185128.534.09$5,282
Jun 2000179129.304.40$5,249
May 2000196127.263.68$5,347
Apr 2000199124.513.12$4,881
Mar 2000192128.422.86$5,460
Feb 2000186127.622.73$5,140
Jan 2000192125.272.48$4,854
Dec 1999184124.282.42$4,470
Nov 1999191123.192.43$4,432
Oct 1999191120.982.80$4,010
Sep 1999195121.752.62$4,244
Aug 1999181119.262.88$3,489
Jul 1999369117.892.37$6,604
Jun 19990115.942.36$2
May 1999189115.792.32$2,987
Apr 1999184115.102.21$2,781
Mar 1999192112.471.84$2,396
Feb 199917819.981.82$1,778
Jan 1999178110.381.90$1,850
Dec 199818019.201.77$1,658
Nov 1998169110.892.19$1,843
Oct 1998185112.421.97$2,300
Sep 1998176112.592.08$2,218
Aug 1998176111.301.91$1,991
Jul 1998181111.742.24$2,127
Jun 1998189111.242.24$2,127
May 1998174112.622.21$2,198
Apr 1998357113.042.51$4,658
Mar 1998184112.802.31$2,358
Feb 1998363113.952.30$5,066
Jan 1998162114.702.15$2,384
Dec 1997330116.322.41$5,388
Nov 1997176118.193.09$3,205
Oct 1997351119.253.15$6,760
Sep 1997180117.742.95$3,196
Aug 1997352117.862.55$6,289
Jul 1997170117.582.25$2,991
Jun 1997352117.242.26$6,071
May 1997167118.972.31$3,170
Apr 1997343117.882.08$6,135
Mar 1997369118.951.94$6,994
Feb 19970120.492.21$2
Jan 1997382123.483.54$8,973
Dec 1996220123.32$5,130
Nov 1996351121.97$7,711
Oct 1996342123.31$7,972
Sep 1996173122.22$3,844
Aug 1996347120.26$7,030
Jul 1996175119.55$3,421
Jun 1996332118.73$6,218
May 1996172119.43$3,342
Apr 1996359121.51$7,722
Mar 1996170119.38$3,295
Feb 1996353116.98$5,994
Jan 1996185117.07$3,158
Dec 1995353117.19$6,068
Nov 1995333116.00$5,328
Oct 1995176115.43$2,716
Sep 1995159116.18$2,573
Aug 1995359115.92$5,715
Jul 1995179115.24$2,728
Jun 1995333116.41$5,465
May 1995181117.56$3,178
Apr 1995371117.73$6,578
Mar 1995375116.44$6,165
Feb 1995370116.58$6,135
Jan 1995364115.92$5,795
Dec 1994747115.03$11,227
Nov 1994184115.90$2,926
Oct 1994183115.58$2,851
Sep 1994494015.29$7,553
Aug 1994514116.13$8,291
Jul 1994353117.56$6,199
Jun 1994667117.09$11,399
May 1994337115.88$5,352
Apr 1994346114.14$4,892
Mar 1994672112.46$8,373
Feb 1994309112.50$3,863
Jan 1994683112.66$8,647
Dec 1993658112.33$8,113
Nov 1993625114.49$9,056
Oct 1993356115.85$5,643
Sep 1993669115.03$10,055
Aug 1993681115.66$10,664
Jul 19936393315.46$9,879
Jun 19933286616.79$5,507
May 19936666417.68$11,775
Apr 19936486118.05$11,696
Mar 19936846018.14$12,408
Feb 19933353317.90$5,997
Jan 1993697616.93$11,800

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.

Nov 2004 — as filed, then multipliedworked
Oil                   68 bbl  × $ 45.28 =     $3,079
Casinghead gas         0 Mcf  × $  6.33 =         $0

────────────────────────────────────────────────────
Month total                                   $3,079

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/6842 is the state's own key, not one this site invented.