PETERSON

Operated by T-N-T ENGINEERING, INC. (P-5 834092) in the STEPHENS COUNTY REGULAR (GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 78514District 7BField 85948100CondensateGasSaveExport
Value, all time
$753 k
Jan 1993 – Jun 2013
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
246
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 635 leases and 635 wells, and the rule below applies to all of them.

Discovered
1943-12-02
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: FIELD CHANGED FROM EXEMPT TO PRORATED EFFECTIVE 07/01/22.

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
CondensateDisposition503 bbl$10,872
GasProduction169,840 Mcf$742,137
Total$753,009

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 32.8260, -98.7520. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.82596, -98.75197 · 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
4,518 ft
1 wells filed one
Completion to plug
30.0 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 4,518 ft.

Completions filed
Jun 1983
1 of 1 wells
Plug dates filed
Jun 2013
1 of 1 wells

Last completion to plug: a median of 30.0 years across the 1 well that filed both dates, with the middle half between 30.0 years and 30.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4290489814,518 ftJun 1983Jun 2013Yes

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 (246)

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

246 months

Jun 201322094.403.93$2,077
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 20120192.662.91$3
Jul 20120385.133.02$9
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 20110183.404.15$4
Jul 20110394.144.52$14
Jun 20110992.904.64$42
May 20110798.134.40$31
Apr 201103105.964.33$13
Mar 201101096.364.06$41
Feb 20110985.644.18$38
Jan 20110086.504.59$0
Dec 201001485.734.35$61
Nov 201001880.843.80$68
Oct 20100778.103.51$25
Sep 20100272.633.98$8
Aug 20100373.684.42$13
Jul 20100872.554.74$38
Jun 20100870.364.91$39
May 20100871.124.24$34
Apr 20100981.694.12$37
Mar 201005578.394.39$241
Feb 2010034073.585.44$1,850
Jan 2010028774.365.96$1,712
Dec 2009033971.445.48$1,859
Nov 2009053274.593.75$1,996
Oct 2009033372.544.11$1,369
Sep 2009090165.543.06$2,761
Aug 2009097367.423.22$3,132
Jul 200901,05061.133.46$3,638
Jun 2009054266.163.90$2,111
May 2009054954.743.93$2,155
Apr 2009057246.773.59$2,052
Mar 2009056842.144.06$2,306
Feb 2009047032.814.63$2,178
Jan 2009053835.865.37$2,890
Dec 2008054037.105.98$3,228
Nov 2008068355.496.86$4,686
Oct 2008071875.246.92$4,970
Sep 20080504101.767.88$3,970
Aug 20080785114.228.48$6,659
Jul 20080687131.0811.39$7,825
Jun 20080584131.3313.03$7,611
May 20080573123.1711.57$6,632
Apr 20080354110.3110.45$3,701
Mar 20080480101.909.66$4,639
Feb 2008060592.538.77$5,306
Jan 2008072090.388.21$5,908
Dec 2007061388.337.30$4,476
Nov 2007049391.677.29$3,595
Oct 2007054082.856.92$3,738
Sep 2007062975.846.24$3,928
Aug 2007059169.066.39$3,775
Jul 2007075770.906.39$4,836
Jun 2007064262.007.55$4,846
May 2007058458.747.85$4,582
Apr 2007043059.617.81$3,356
Mar 2007034456.927.30$2,512
Feb 2007080855.108.22$6,639
Jan 2007054450.306.73$3,659
Dec 2006083656.656.92$5,784
Nov 2006068554.207.62$5,218
Oct 2006073354.906.01$4,408
Sep 2006069760.085.04$3,511
Aug 2006076568.717.34$5,615
Jul 2006072269.376.34$4,579
Jun 2006053466.286.38$3,409
May 2006049466.016.42$3,174
Apr 2006080964.397.36$5,955
Mar 2006075456.707.08$5,341
Feb 2006036157.597.75$2,798
Jan 2006077260.598.93$6,897
Dec 2005075254.9413.42$10,088
Nov 2005081754.6910.59$8,651
Oct 2005081058.3413.80$11,175
Sep 20054775661.4512.08$12,020
Aug 2005081361.519.80$7,965
Jul 2005083655.697.84$6,557
Jun 2005082152.337.38$6,060
May 2005084945.226.65$5,647
Apr 2005086149.207.36$6,337
Mar 2005086150.377.15$6,160
Feb 2005082045.226.31$5,176
Jan 2005088143.166.32$5,570
Dec 2004086439.866.75$5,833
Nov 2004080745.286.33$5,109
Oct 2004094249.706.52$6,137
Sep 2004092843.245.28$4,903
Aug 2004095442.375.55$5,295
Jul 200401,01438.286.08$6,169
Jun 2004089436.106.43$5,751
May 2004096537.486.49$6,267
Apr 2004088734.475.86$5,196
Mar 2004099334.365.53$5,491
Feb 2004084432.455.51$4,650
Jan 200401,05532.036.30$6,646
Dec 2003068730.266.30$4,329
Nov 2003090028.804.60$4,136
Oct 200301,02628.174.76$4,883
Sep 2003088226.314.75$4,189
Aug 200301,00729.765.13$5,166
Jul 2003091629.415.17$4,736
Jun 2003093528.565.98$5,594
May 2003095526.595.97$5,704
Apr 2003097826.675.41$5,288
Mar 2003098131.146.10$5,980
Feb 2003092333.487.93$7,316
Jan 200301,03030.315.58$5,750
Dec 200201,05726.914.85$5,130
Nov 200201,02324.664.14$4,232
Oct 200201,07926.464.23$4,563
Sep 200201,08727.443.64$3,951
Aug 200201,17425.963.16$3,715
Jul 200201,28824.583.06$3,944
Jun 2002082423.733.34$2,751
May 200201,27124.663.58$4,555
Apr 200201,17123.653.51$4,113
Mar 200201,48722.003.10$4,614
Feb 2002095418.222.38$2,266
Jan 200201,07817.172.38$2,561
Dec 200101,10016.932.36$2,601
Nov 200101,01218.072.41$2,434
Oct 200101,19819.782.53$3,030
Sep 200101,05024.262.25$2,364
Aug 200101,14924.873.05$3,508
Jul 200101,86923.933.20$5,975
Jun 200102,51524.563.82$9,618
May 200102,46725.524.31$10,626
Apr 200101,42824.685.34$7,619
Mar 200101,26924.545.38$6,823
Feb 200101,15527.755.77$6,661
Jan 200101,27327.478.40$10,692
Dec 200001,16926.889.12$10,664
Nov 200001,25232.215.66$7,084
Oct 200001,34231.235.15$6,905
Sep 200001,36231.875.19$7,064
Aug 200001,21929.644.54$5,535
Jul 200001,43428.534.09$5,865
Jun 200001,42629.304.40$6,270
May 200001,64327.263.68$6,046
Apr 200001,70424.513.12$5,310
Mar 200001,91828.422.86$5,485
Feb 200001,75427.622.73$4,782
Jan 2000050225.272.48$1,245
Dec 1999090824.282.42$2,201
Nov 199901,44823.192.43$3,524
Oct 199901,16720.982.80$3,272
Sep 199901,42121.752.62$3,721
Aug 1999931,19219.262.88$5,219
Jul 199901,43317.892.37$3,400
Jun 199901,51115.942.36$3,569
May 199901,83115.792.32$4,250
Apr 199902,04815.102.21$4,522
Mar 199902,10412.471.84$3,868
Feb 199901,9059.981.82$3,463
Jan 199902,54310.381.90$4,832
Dec 199802,8969.201.77$5,136
Nov 199803,14310.892.19$6,870
Oct 19981653,90012.421.97$9,729
Sep 199804,40812.592.08$9,180
Aug 199805,25011.301.91$10,014
Jul 19981765,67311.742.24$14,758
Jun 199806,52711.242.24$14,603
May 199808,04312.622.21$17,746
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 19940016.13$0
Jul 19940017.56$0
Jun 19940017.09$0
May 19940015.88$0
Apr 19940014.14$0
Mar 19940012.46$0
Feb 19940012.50$0
Jan 19940012.66$0
Dec 19930012.33$0
Nov 19930014.49$0
Oct 19930015.85$0
Sep 19930015.03$0
Aug 19930015.66$0
Jul 19930015.46$0
Jun 19930016.79$0
May 19930017.68$0
Apr 19930018.05$0
Mar 19930018.14$0
Feb 19930017.90$0
Jan 19930016.93$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.

Jun 2013 — as filed, then multipliedworked
Condensate            22 bbl  × $ 94.40 =     $2,077
Gas                    0 Mcf  × $  3.93 =         $0

────────────────────────────────────────────────────
Month total                                   $2,077

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/78514 is the state's own key, not one this site invented.