PEEL-WHITE

Operated by SMITH PIPE OF ABILENE (P-5 794745) in the REB (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 21600District 7BField 75095500NGPA filingOilCasinghead gasSaveExport
Value, all time
$265 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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 431 leases and 525 wells, and the rule below applies to all of them.

Discovered
1982-03-12
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 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 1986-01-01.

The Commission's schedule remark for this field reads: EFF. 09-10-84 PER DOCKET #7B-82,934

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
NGPA3none

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
OilDisposition9,457 bbl$218,454
Casinghead gasProduction20,869 Mcf$46,655
Total$265,109

9,692 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 (3)

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 32.4594, -98.8062. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.45955, -98.80558 · 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%
3 of 3 wells
With a plug date
100.0%
3 of 3 wells
Median depth
3,590 ft
3 wells filed one
Completion to plug
23.8 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
3100.0%
A plug date is filed
3100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
3100.0%
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

Between 3,576 and 3,590 ft, median 3,590 ft, over the 3 wells that filed a depth.

Completions filed
Aug 1984 – Nov 1984
3 of 3 wells
Plug dates filed
May 2008 – Nov 2011
3 of 3 wells

Last completion to plug: a median of 23.8 years across the 3 wells that filed both dates, with the middle half between 23.7 years and 25.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-1333597133,576 ftNov 1984May 2008Yes
42-1333597323,590 ftAug 1984Nov 2011Yes
42-1333597213,590 ftAug 1984May 2008Yes

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
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 200577055.697.84$4,288
Jun 2005012052.337.38$886
May 20059012045.226.65$4,868
Apr 20058815549.207.36$5,470
Mar 2005010550.377.15$751
Feb 20058819745.226.31$5,223
Jan 2005016543.166.32$1,043
Dec 20048216439.866.75$4,376
Nov 20048723445.286.33$5,421
Oct 20047829649.706.52$5,805
Sep 20047829943.245.28$4,953
Aug 20048136742.375.55$5,469
Jul 20048434038.286.08$5,284
Jun 200415531336.106.43$7,609
May 20040037.486.49$0
Apr 200483034.475.86$2,861
Mar 200487034.365.53$2,989
Feb 20040932.455.51$50
Jan 2004791632.036.30$2,631
Dec 200386830.266.30$2,653
Nov 200305928.804.60$271
Oct 200370428.174.76$1,991
Sep 2003645726.314.75$1,955
Aug 2003821129.765.13$2,497
Jul 2003625329.415.17$2,097
Jun 2003642828.565.98$1,995
May 20038211726.595.97$2,879
Apr 20038927226.675.41$3,844
Mar 20038913931.146.10$3,619
Feb 200305633.487.93$444
Jan 20038410330.315.58$3,121
Dec 2002824126.914.85$2,406
Nov 200287024.664.14$2,145
Oct 200204226.464.23$178
Sep 200282027.443.64$2,250
Aug 2002675025.963.16$1,898
Jul 2002785624.583.06$2,089
Jun 2002915323.733.34$2,336
May 2002879024.663.58$2,468
Apr 2002788423.653.51$2,140
Mar 200202322.003.10$71
Feb 2002616618.222.38$1,268
Jan 20027114317.172.38$1,559
Dec 20017133116.932.36$1,985
Nov 20016613118.072.41$1,508
Oct 2001739719.782.53$1,689
Sep 20018726124.262.25$2,698
Aug 20018914824.873.05$2,665
Jul 2001898623.933.20$2,405
Jun 2001010424.563.82$398
May 20017212125.524.31$2,359
Apr 20016811524.685.34$2,292
Mar 20017012124.545.38$2,368
Feb 20016710427.755.77$2,459
Jan 20017111627.478.40$2,925
Dec 20008012026.889.12$3,245
Nov 20006212532.215.66$2,704
Oct 20006212531.235.15$2,579
Sep 20005210931.875.19$2,223
Aug 20006012829.644.54$2,360
Jul 20006013528.534.09$2,264
Jun 20006313129.304.40$2,422
May 20003113827.263.68$1,353
Apr 20006213124.513.12$1,928
Mar 2000013828.422.86$395
Feb 20003113727.622.73$1,230
Jan 20002915625.272.48$1,120
Dec 1999318824.282.42$966
Nov 1999307423.192.43$876
Oct 1999407820.982.80$1,058
Sep 1999307721.752.62$854
Aug 199930019.262.88$578
Jul 1999307717.892.37$719
Jun 1999277415.942.36$605
May 1999547815.792.32$1,034
Apr 1999627815.102.21$1,108
Mar 19997012712.471.84$1,106
Feb 199931729.981.82$440
Jan 1999319510.381.90$502
Dec 1998311129.201.77$484
Nov 1998318110.892.19$515
Oct 1998317912.421.97$541
Sep 1998318212.592.08$561
Aug 1998338011.301.91$525
Jul 1998358311.742.24$597
Jun 1998308611.242.24$530
May 19984310112.622.21$766
Apr 1998318513.042.51$617
Mar 1998319012.802.31$605
Feb 19983010013.952.30$648
Jan 19983011714.702.15$693
Dec 19974012316.322.41$949
Nov 1997809818.193.09$1,758
Oct 1997819619.253.15$1,862
Sep 19971859217.742.95$3,554
Aug 1997010417.862.55$266
Jul 19978611217.582.25$1,764
Jun 19979311817.242.26$1,870
May 19979012818.972.31$2,003
Apr 19978612917.882.08$1,806
Mar 19978612818.951.94$1,878
Feb 19978811520.492.21$2,057
Jan 199717515723.483.54$4,665
Dec 19968514023.32$1,982
Nov 19968110021.97$1,780
Oct 19968811023.31$2,051
Sep 1996909922.22$2,000
Aug 199608520.26$0
Jul 19968611719.55$1,681
Jun 19968612318.73$1,611
May 19968614219.43$1,671
Apr 19969013921.51$1,936
Mar 1996014919.38$0
Feb 19968514116.98$1,443
Jan 19968914517.07$1,519
Dec 19959215317.19$1,581
Nov 1995015016.00$0
Oct 19958315815.43$1,281
Sep 19958414216.18$1,359
Aug 19958713915.92$1,385
Jul 19958816515.24$1,341
Jun 1995017016.41$0
May 19958415817.56$1,475
Apr 19958714617.73$1,543
Mar 19958316316.44$1,365
Feb 1995014716.58$0
Jan 19958517815.92$1,353
Dec 19948320015.03$1,247
Nov 1994017515.90$0
Oct 19948020315.58$1,246
Sep 19948320015.29$1,269
Aug 19948722116.13$1,403
Jul 1994023817.56$0
Jun 19946829717.09$1,162
May 19948734915.88$1,382
Apr 19948932914.14$1,258
Mar 19948830612.46$1,096
Feb 19948627812.50$1,075
Jan 19948921912.66$1,127
Dec 19938520512.33$1,048
Nov 1993019814.49$0
Oct 19938124615.85$1,284
Sep 19937823615.03$1,172
Aug 19938526315.66$1,331
Jul 19937931915.46$1,221
Jun 19937729716.79$1,293
May 19936833117.68$1,202
Apr 19937731318.05$1,390
Mar 19935329718.14$961
Feb 19936629017.90$1,181
Jan 19937832316.93$1,321

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.

Jul 2005 — as filed, then multipliedworked
Oil                   77 bbl  × $ 55.69 =     $4,288
Casinghead gas         0 Mcf  × $  7.84 =         $0

────────────────────────────────────────────────────
Month total                                   $4,288

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/O/21600 is the state's own key, not one this site invented.