PEEKS, J. M.

Operated by MCNALLEN & GRIFFIN (P-5 555390) in the STEPHENS COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 3854District 7BField 85948001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$386 k
Jan 1993 – Jul 2013
Value, last 12 filed months
$474
at the published price for each month
Months reported
247
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 1,255 leases and 4,008 wells, and the rule below applies to all of them.

Discovered
1916-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: CLASS 4 W/DAILY 150 = 6000 TO 8000'

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
OilDisposition23,085 bbl$385,160
Casinghead gasProduction142 Mcf$361
Total$385,522

47 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.

Wells on this lease (2)

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 32.7467, -98.9177. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.74669, -98.91768 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
3,175 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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 3,175 and 3,175 ft, median 3,175 ft, over the 2 wells that filed a depth.

Plug dates filed
Apr 1987 – Sep 2012
2 of 2 wells

2 wells

42-4290092323,175 ftApr 1987Yes
42-4298078213,175 ftSep 2012Yes

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 (247)

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

247 months

Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20135094.834.15$474
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 20040145.286.33$6
Oct 20040149.706.52$7
Sep 20040143.245.28$5
Aug 20040142.375.55$6
Jul 20040138.286.08$6
Jun 20040136.106.43$6
May 20040137.486.49$6
Apr 20040134.475.86$6
Mar 20040134.365.53$6
Feb 20040132.455.51$6
Jan 20040132.036.30$6
Dec 20030130.266.30$6
Nov 20030128.804.60$5
Oct 20030128.174.76$5
Sep 20030126.314.75$5
Aug 20030129.765.13$5
Jul 20030129.415.17$5
Jun 20030128.565.98$6
May 20030126.595.97$6
Apr 20030126.675.41$5
Mar 20030131.146.10$6
Feb 20030133.487.93$8
Jan 20030130.315.58$6
Dec 20020126.914.85$5
Nov 20020124.664.14$4
Oct 20020126.464.23$4
Sep 20020127.443.64$4
Aug 20020125.963.16$3
Jul 20020124.583.06$3
Jun 20020123.733.34$3
May 20020124.663.58$4
Apr 20020123.653.51$4
Mar 20020122.003.10$3
Feb 20020118.222.38$2
Jan 20020117.172.38$2
Dec 20010116.932.36$2
Nov 20010118.072.41$2
Oct 20010119.782.53$3
Sep 20010124.262.25$2
Aug 20010124.873.05$3
Jul 20010123.933.20$3
Jun 20010124.563.82$4
May 20010125.524.31$4
Apr 20010124.685.34$5
Mar 20010124.545.38$5
Feb 20010127.755.77$6
Jan 20010127.478.40$8
Dec 20000126.889.12$9
Nov 20000132.215.66$6
Oct 20000131.235.15$5
Sep 20000131.875.19$5
Aug 20000129.644.54$5
Jul 20000128.534.09$4
Jun 20000129.304.40$4
May 20000127.263.68$4
Apr 20000124.513.12$3
Mar 20000128.422.86$3
Feb 20000127.622.73$3
Jan 20000125.272.48$2
Dec 19990124.282.42$2
Nov 1999137123.192.43$3,179
Oct 19990120.982.80$3
Sep 19990121.752.62$3
Aug 1999372119.262.88$7,168
Jul 1999187117.892.37$3,348
Jun 1999187115.942.36$2,983
May 1999188115.792.32$2,971
Apr 1999187115.102.21$2,826
Mar 1999188112.471.84$2,346
Feb 199919019.981.82$1,898
Jan 1999372110.381.90$3,863
Dec 199818819.201.77$1,731
Nov 19980110.892.19$2
Oct 1998187112.421.97$2,325
Sep 1998373112.592.08$4,698
Aug 1998185111.301.91$2,092
Jul 1998371111.742.24$4,358
Jun 1998176111.242.24$1,980
May 1998177112.622.21$2,236
Apr 19980113.042.51$3
Mar 19980112.802.31$2
Feb 1998141113.952.30$1,969
Jan 1998373114.702.15$5,485
Dec 1997184116.322.41$3,005
Nov 1997360118.193.09$6,551
Oct 1997181119.253.15$3,487
Sep 1997182117.742.95$3,232
Aug 1997364117.862.55$6,504
Jul 1997361117.582.25$6,349
Jun 1997365117.242.26$6,295
May 1997180118.972.31$3,417
Apr 19970117.882.08$2
Mar 1997280118.951.94$5,308
Feb 1997335120.492.21$6,866
Jan 1997187123.483.54$4,394
Dec 1996345123.32$8,045
Nov 1996295121.97$6,481
Oct 1996277123.31$6,457
Sep 1996451122.22$10,021
Aug 1996133120.26$2,695
Jul 1996360119.55$7,038
Jun 1996300118.73$5,619
May 1996323119.43$6,276
Apr 1996348121.51$7,485
Mar 1996507119.38$9,826
Feb 1996162116.98$2,751
Jan 1996365117.07$6,231
Dec 1995373117.19$6,412
Nov 1995371116.00$5,936
Oct 1995184115.43$2,839
Sep 1995184116.18$2,977
Aug 1995363115.92$5,779
Jul 1995181115.24$2,758
Jun 1995366116.41$6,006
May 1995367117.56$6,445
Apr 1995368117.73$6,525
Mar 1995368116.44$6,050
Feb 1995371116.58$6,151
Jan 1995372115.92$5,922
Dec 1994368115.03$5,531
Nov 1994370115.90$5,883
Oct 1994366115.58$5,702
Sep 1994365115.29$5,581
Aug 1994365116.13$5,887
Jul 1994358117.56$6,286
Jun 1994183117.09$3,127
May 1994347115.88$5,510
Apr 1994366114.14$5,175
Mar 1994369012.46$4,598
Feb 19940112.50$0
Jan 1994370112.66$4,684
Dec 1993370112.33$4,562
Nov 1993186114.49$2,695
Oct 1993365115.85$5,785
Sep 1993522115.03$7,846
Aug 1993360115.66$5,638
Jul 1993185115.46$2,860
Jun 1993366116.79$6,145
May 1993369117.68$6,524
Apr 1993365118.05$6,588
Mar 1993546118.14$9,904
Feb 1993352117.90$6,301
Jan 1993375116.93$6,349

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.

May 2013 — as filed, then multipliedworked
Oil                    5 bbl  × $ 94.83 =       $474
Casinghead gas         0 Mcf  × $  4.15 =         $0

────────────────────────────────────────────────────
Month total                                     $474

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/3854 is the state's own key, not one this site invented.