PEIPELMAN, J. G.

Name: PEIPELMAN, J. G. lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by VANTAGE FORT WORTH ENERGY LLC (P-5 882575) in the LAKE MINERAL WELLS (4000 CONGL.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 77498District 7BField 51501500NGPA filingCondensateGasSave Export

Value, all time

$102 k

Jan 1993 – Feb 2017

Value, last 12 filed months

at the published price for each month

Months reported

290

no gaps in the span

Streams

condensate, gas

The LAKE MINERAL WELLS (4000 CONGL.) 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 49 leases and 49 wells, and the rule below applies to all of them.

Discovered

1977-05-18

as the register files it

Field class

Gas

the register's own label

Between wells

1,867 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1987-08-01.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA EFFECTIVE 08/01/87.”

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
NGPA	2	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	17 bbl	$699
Gas	Production	33,190 Mcf	$101,145
Total			$101,844

7,761 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.

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 32.8132, -98.0088. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.81321, -98.00879 · 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

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

4,950 ft

1 wells filed one

Completion to plug

38.7 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 4,950 ft.

Completions filed

Jun 1978

1 of 1 wells

Plug dates filed

Feb 2017

1 of 1 wells

Last completion to plug: a median of 38.7 years across the 1 well that filed both dates, with the middle half between 38.7 years and 38.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-36731029	1	4,950 ft	Jun 1978	Feb 2017	Yes

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 (290)

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

290 months


Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	14	98.09	2.73	$38
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	95	95.72	3.31	$315
Oct 2011	0	95	84.98	3.65	$347
Sep 2011	0	61	83.62	3.99	$243
Aug 2011	0	327	83.40	4.15	$1,357
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	202	98.13	4.40	$890
Apr 2011	0	255	105.96	4.33	$1,105
Mar 2011	0	476	96.36	4.06	$1,931
Feb 2011	0	245	85.64	4.18	$1,024
Jan 2011	0	370	86.50	4.59	$1,698
Dec 2010	0	221	85.73	4.35	$961
Nov 2010	0	249	80.84	3.80	$945
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	162	72.63	3.98	$645
Aug 2010	0	128	73.68	4.42	$566
Jul 2010	0	14	72.55	4.74	$66
Jun 2010	0	162	70.36	4.91	$795
May 2010	0	128	71.12	4.24	$542
Apr 2010	0	15	81.69	4.12	$62
Mar 2010	0	58	78.39	4.39	$255
Feb 2010	0	32	73.58	5.44	$174
Jan 2010	0	55	74.36	5.96	$328
Dec 2009	0	183	71.44	5.48	$1,004
Nov 2009	0	118	74.59	3.75	$443
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	13	67.42	3.22	$42
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	1	66.16	3.90	$4
May 2009	0	63	54.74	3.93	$247
Apr 2009	0	21	46.77	3.59	$75
Mar 2009	0	92	42.14	4.06	$373
Feb 2009	0	38	32.81	4.63	$176
Jan 2009	0	190	35.86	5.37	$1,020
Dec 2008	0	196	37.10	5.98	$1,172
Nov 2008	0	178	55.49	6.86	$1,221
Oct 2008	0	30	75.24	6.92	$208
Sep 2008	0	11	101.76	7.88	$87
Aug 2008	0	84	114.22	8.48	$713
Jul 2008	0	34	131.08	11.39	$387
Jun 2008	0	40	131.33	13.03	$521
May 2008	0	3	123.17	11.57	$35
Apr 2008	0	101	110.31	10.45	$1,056
Mar 2008	0	236	101.90	9.66	$2,281
Feb 2008	0	78	92.53	8.77	$684
Jan 2008	0	103	90.38	8.21	$845
Dec 2007	0	9	88.33	7.30	$66
Nov 2007	0	4	91.67	7.29	$29
Oct 2007	0	30	82.85	6.92	$208
Sep 2007	0	93	75.84	6.24	$581
Aug 2007	0	81	69.06	6.39	$517
Jul 2007	0	51	70.90	6.39	$326
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	88	56.65	6.92	$609
Nov 2006	0	98	54.20	7.62	$747
Oct 2006	0	74	54.90	6.01	$445
Sep 2006	0	114	60.08	5.04	$574
Aug 2006	0	101	68.71	7.34	$741
Jul 2006	0	145	69.37	6.34	$920
Jun 2006	1	152	66.28	6.38	$1,037
May 2006	0	107	66.01	6.42	$687
Apr 2006	0	134	64.39	7.36	$986
Mar 2006	0	138	56.70	7.08	$977
Feb 2006	0	46	57.59	7.75	$357
Jan 2006	0	58	60.59	8.93	$518
Dec 2005	5	43	54.94	13.42	$852
Nov 2005	0	57	54.69	10.59	$604
Oct 2005	0	103	58.34	13.80	$1,421
Sep 2005	0	126	61.45	12.08	$1,522
Aug 2005	0	143	61.51	9.80	$1,401
Jul 2005	0	7	55.69	7.84	$55
Jun 2005	0	143	52.33	7.38	$1,055
May 2005	0	296	45.22	6.65	$1,969
Apr 2005	0	132	49.20	7.36	$972
Mar 2005	0	22	50.37	7.15	$157
Feb 2005	0	13	45.22	6.31	$82
Jan 2005	0	14	43.16	6.32	$89
Dec 2004	0	11	39.86	6.75	$74
Nov 2004	0	226	45.28	6.33	$1,431
Oct 2004	0	31	49.70	6.52	$202
Sep 2004	0	28	43.24	5.28	$148
Aug 2004	6	39	42.37	5.55	$471
Jul 2004	0	31	38.28	6.08	$189
Jun 2004	0	120	36.10	6.43	$772
May 2004	0	24	37.48	6.49	$156
Apr 2004	0	31	34.47	5.86	$182
Mar 2004	0	33	34.36	5.53	$182
Feb 2004	0	24	32.45	5.51	$132
Jan 2004	0	14	32.03	6.30	$88
Dec 2003	0	23	30.26	6.30	$145
Nov 2003	0	26	28.80	4.60	$119
Oct 2003	0	39	28.17	4.76	$186
Sep 2003	0	28	26.31	4.75	$133
Aug 2003	0	29	29.76	5.13	$149
Jul 2003	0	39	29.41	5.17	$202
Jun 2003	0	34	28.56	5.98	$203
May 2003	0	48	26.59	5.97	$287
Apr 2003	0	84	26.67	5.41	$454
Mar 2003	0	72	31.14	6.10	$439
Feb 2003	0	52	33.48	7.93	$412
Jan 2003	0	30	30.31	5.58	$167
Dec 2002	0	27	26.91	4.85	$131
Nov 2002	0	25	24.66	4.14	$103
Oct 2002	0	17	26.46	4.23	$72
Sep 2002	0	59	27.44	3.64	$214
Aug 2002	0	80	25.96	3.16	$253
Jul 2002	0	77	24.58	3.06	$236
Jun 2002	0	94	23.73	3.34	$314
May 2002	0	97	24.66	3.58	$348
Apr 2002	0	78	23.65	3.51	$274
Mar 2002	0	89	22.00	3.10	$276
Feb 2002	0	104	18.22	2.38	$247
Jan 2002	0	67	17.17	2.38	$159
Dec 2001	0	53	16.93	2.36	$125
Nov 2001	0	88	18.07	2.41	$212
Oct 2001	0	76	19.78	2.53	$192
Sep 2001	0	45	24.26	2.25	$101
Aug 2001	0	77	24.87	3.05	$235
Jul 2001	0	113	23.93	3.20	$361
Jun 2001	3	133	24.56	3.82	$582
May 2001	0	126	25.52	4.31	$543
Apr 2001	0	99	24.68	5.34	$528
Mar 2001	0	116	24.54	5.38	$624
Feb 2001	0	134	27.75	5.77	$773
Jan 2001	0	95	27.47	8.40	$798
Dec 2000	0	66	26.88	9.12	$602
Nov 2000	0	282	32.21	5.66	$1,596
Oct 2000	0	357	31.23	5.15	$1,837
Sep 2000	0	346	31.87	5.19	$1,795
Aug 2000	0	333	29.64	4.54	$1,512
Jul 2000	0	330	28.53	4.09	$1,350
Jun 2000	0	341	29.30	4.40	$1,499
May 2000	0	328	27.26	3.68	$1,207
Apr 2000	0	375	24.51	3.12	$1,169
Mar 2000	0	436	28.42	2.86	$1,247
Feb 2000	0	382	27.62	2.73	$1,042
Jan 2000	0	382	25.27	2.48	$948
Dec 1999	0	499	24.28	2.42	$1,209
Nov 1999	0	463	23.19	2.43	$1,127
Oct 1999	0	519	20.98	2.80	$1,455
Sep 1999	0	452	21.75	2.62	$1,184
Aug 1999	0	531	19.26	2.88	$1,527
Jul 1999	0	662	17.89	2.37	$1,571
Jun 1999	0	686	15.94	2.36	$1,620
May 1999	0	597	15.79	2.32	$1,386
Apr 1999	0	652	15.10	2.21	$1,440
Mar 1999	0	695	12.47	1.84	$1,278
Feb 1999	0	677	9.98	1.82	$1,231
Jan 1999	0	786	10.38	1.90	$1,493
Dec 1998	0	768	9.20	1.77	$1,362
Nov 1998	1	638	10.89	2.19	$1,405
Oct 1998	0	52	12.42	1.97	$102
Sep 1998	0	69	12.59	2.08	$144
Aug 1998	0	76	11.30	1.91	$145
Jul 1998	0	67	11.74	2.24	$150
Jun 1998	0	63	11.24	2.24	$141
May 1998	0	65	12.62	2.21	$143
Apr 1998	0	78	13.04	2.51	$195
Mar 1998	0	88	12.80	2.31	$203
Feb 1998	0	80	13.95	2.30	$184
Jan 1998	0	100	14.70	2.15	$215
Dec 1997	0	94	16.32	2.41	$227
Nov 1997	0	94	18.19	3.09	$290
Oct 1997	0	93	19.25	3.15	$293
Sep 1997	0	91	17.74	2.95	$269
Aug 1997	0	88	17.86	2.55	$225
Jul 1997	0	81	17.58	2.25	$182
Jun 1997	0	79	17.24	2.26	$178
May 1997	0	93	18.97	2.31	$215
Apr 1997	0	137	17.88	2.08	$285
Mar 1997	0	176	18.95	1.94	$341
Feb 1997	0	75	20.49	2.21	$165
Jan 1997	0	123	23.48	3.54	$435
Dec 1996	0	96	23.32	—	$0
Nov 1996	0	109	21.97	—	$0
Oct 1996	0	155	23.31	—	$0
Sep 1996	0	144	22.22	—	$0
Aug 1996	0	146	20.26	—	$0
Jul 1996	0	160	19.55	—	$0
Jun 1996	0	176	18.73	—	$0
May 1996	1	162	19.43	—	$19
Apr 1996	0	135	21.51	—	$0
Mar 1996	0	207	19.38	—	$0
Feb 1996	0	234	16.98	—	$0
Jan 1996	0	277	17.07	—	$0
Dec 1995	0	118	17.19	—	$0
Nov 1995	0	92	16.00	—	$0
Oct 1995	0	66	15.43	—	$0
Sep 1995	0	52	16.18	—	$0
Aug 1995	0	84	15.92	—	$0
Jul 1995	0	118	15.24	—	$0
Jun 1995	0	116	16.41	—	$0
May 1995	0	129	17.56	—	$0
Apr 1995	0	124	17.73	—	$0
Mar 1995	0	129	16.44	—	$0
Feb 1995	0	215	16.58	—	$0
Jan 1995	0	65	15.92	—	$0
Dec 1994	0	39	15.03	—	$0
Nov 1994	0	111	15.90	—	$0
Oct 1994	0	167	15.58	—	$0
Sep 1994	0	173	15.29	—	$0
Aug 1994	0	240	16.13	—	$0
Jul 1994	0	144	17.56	—	$0
Jun 1994	0	155	17.09	—	$0
May 1994	0	90	15.88	—	$0
Apr 1994	0	140	14.14	—	$0
Mar 1994	0	134	12.46	—	$0
Feb 1994	0	22	12.50	—	$0
Jan 1994	0	58	12.66	—	$0
Dec 1993	0	108	12.33	—	$0
Nov 1993	0	97	14.49	—	$0
Oct 1993	0	90	15.85	—	$0
Sep 1993	0	205	15.03	—	$0
Aug 1993	0	136	15.66	—	$0
Jul 1993	0	230	15.46	—	$0
Jun 1993	0	340	16.79	—	$0
May 1993	0	386	17.68	—	$0
Apr 1993	0	323	18.05	—	$0
Mar 1993	0	345	18.14	—	$0
Feb 1993	0	368	17.90	—	$0
Jan 1993	0	351	16.93	—	$0

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.

Jan 2012 — as filed, then multipliedworked

Condensate             0 bbl  × $ 98.09 =         $0
Gas                   14 Mcf  × $  2.73 =        $38

────────────────────────────────────────────────────
Month total                                      $38

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. 7B/G/77498 is the state's own key, not one this site invented.