PETERSON, H&C FOUNDATION

Operated by HIGHMOUNT EXPL & PROD TEXAS LLC (P-5 385842) in the SAWYER (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 72588District 7CField 81267333GasSaveExport
Value, all time
$199 k
Jan 1993 – Sep 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
261
no gaps in the span
Streams
1
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 6,629 leases and 6,629 wells, and the rule below applies to all of them.

Discovered
1967-07-01
as the register files it
Field class
Gas
the register's own label
Between wells
1,000 ft
minimum
From a lease line
500 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2003-06-24.

The Commission's schedule remark for this field reads: FIELD PER ORDER 7C-0234582 6/2403

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
GasProduction85,222 Mcf$199,056
Total$199,056

17,077 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.

Every month this lease reported (261)

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

261 months

Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009042.144.06$0
Feb 2009032.814.63$0
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 20080131.3313.03$0
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 2007088.337.30$0
Nov 2007091.677.29$0
Oct 2007082.856.92$0
Sep 2007075.846.24$0
Aug 2007069.066.39$0
Jul 2007070.906.39$0
Jun 2007062.007.55$0
May 2007058.747.85$0
Apr 2007059.617.81$0
Mar 2007056.927.30$0
Feb 2007055.108.22$0
Jan 2007050.306.73$0
Dec 2006056.656.92$0
Nov 2006054.207.62$0
Oct 2006054.906.01$0
Sep 2006060.085.04$0
Aug 2006068.717.34$0
Jul 2006069.376.34$0
Jun 2006066.286.38$0
May 2006066.016.42$0
Apr 2006064.397.36$0
Mar 2006056.707.08$0
Feb 2006057.597.75$0
Jan 2006060.598.93$0
Dec 2005054.9413.42$0
Nov 2005954.6910.59$95
Oct 20054458.3413.80$607
Sep 20053961.4512.08$471
Aug 20052061.519.80$196
Jul 2005955.697.84$71
Jun 20052352.337.38$170
May 20052145.226.65$140
Apr 20058149.207.36$596
Mar 200516450.377.15$1,173
Feb 200535945.226.31$2,266
Jan 200524943.166.32$1,574
Dec 2004039.866.75$0
Nov 2004045.286.33$0
Oct 2004049.706.52$0
Sep 2004043.245.28$0
Aug 200417342.375.55$960
Jul 200438438.286.08$2,336
Jun 200453636.106.43$3,448
May 200454137.486.49$3,514
Apr 200461434.475.86$3,597
Mar 200454134.365.53$2,992
Feb 200459332.455.51$3,267
Jan 200470332.036.30$4,429
Dec 20031,08930.266.30$6,862
Nov 200398728.804.60$4,535
Oct 20031,33728.174.76$6,364
Sep 200317926.314.75$850
Aug 2003029.765.13$0
Jul 2003729.415.17$36
Jun 2003028.565.98$0
May 2003026.595.97$0
Apr 2003026.675.41$0
Mar 2003031.146.10$0
Feb 2003033.487.93$0
Jan 2003030.315.58$0
Dec 2002026.914.85$0
Nov 2002024.664.14$0
Oct 20026026.464.23$254
Sep 20026127.443.64$222
Aug 2002025.963.16$0
Jul 20022124.583.06$64
Jun 20027223.733.34$240
May 20027924.663.58$283
Apr 20029723.653.51$341
Mar 20028822.003.10$273
Feb 20029718.222.38$230
Jan 200222917.172.38$544
Dec 200126316.932.36$622
Nov 200126718.072.41$642
Oct 2001019.782.53$0
Sep 2001024.262.25$0
Aug 2001024.873.05$0
Jul 20017923.933.20$253
Jun 20017924.563.82$302
May 20019725.524.31$418
Apr 20019424.685.34$502
Mar 200113024.545.38$699
Feb 200110427.755.77$600
Jan 200112327.478.40$1,033
Dec 200012626.889.12$1,149
Nov 200017032.215.66$962
Oct 200016731.235.15$859
Sep 200023431.875.19$1,214
Aug 200018629.644.54$845
Jul 200016328.534.09$667
Jun 200019729.304.40$866
May 200049727.263.68$1,829
Apr 200054024.513.12$1,683
Mar 200082428.422.86$2,356
Feb 200084827.622.73$2,312
Jan 200085325.272.48$2,116
Dec 199989424.282.42$2,167
Nov 199998623.192.43$2,400
Oct 199977920.982.80$2,184
Sep 19991,02921.752.62$2,695
Aug 19991,02419.262.88$2,945
Jul 19991,12617.892.37$2,671
Jun 199986815.942.36$2,050
May 19991,09315.792.32$2,537
Apr 19991,50115.102.21$3,314
Mar 19991,35512.471.84$2,491
Feb 19999699.981.82$1,761
Jan 19991,70810.381.90$3,245
Dec 19981,4639.201.77$2,594
Nov 19981,56310.892.19$3,416
Oct 19981,76212.421.97$3,470
Sep 19981,47312.592.08$3,068
Aug 19982,33611.301.91$4,456
Jul 19982,04511.742.24$4,575
Jun 19981,88611.242.24$4,219
May 19981,56712.622.21$3,457
Apr 19981,68113.042.51$4,211
Mar 19981,77312.802.31$4,095
Feb 19981,23613.952.30$2,842
Jan 199824314.702.15$524
Dec 19971,72116.322.41$4,150
Nov 19971,88118.193.09$5,809
Oct 19971,84119.253.15$5,799
Sep 19971,68017.742.95$4,964
Aug 19971,72117.862.55$4,397
Jul 19971,69317.582.25$3,804
Jun 19971,48117.242.26$3,343
May 19971,68418.972.31$3,888
Apr 19971,51317.882.08$3,151
Mar 19971,57818.951.94$3,060
Feb 19971,36420.492.21$3,009
Jan 19972,08123.483.54$7,366
Dec 19961,37023.32$0
Nov 19961,60621.97$0
Oct 199628823.31$0
Sep 199625522.22$0
Aug 19961,48620.26$0
Jul 199627519.55$0
Jun 199627018.73$0
May 199624719.43$0
Apr 199630021.51$0
Mar 199622319.38$0
Feb 199618416.98$0
Jan 199622617.07$0
Dec 199518517.19$0
Nov 199522316.00$0
Oct 199524715.43$0
Sep 199523216.18$0
Aug 199525015.92$0
Jul 199537615.24$0
Jun 199540216.41$0
May 199533717.56$0
Apr 199554217.73$0
Mar 199552716.44$0
Feb 199517616.58$0
Jan 199517015.92$0
Dec 199425215.03$0
Nov 199429715.90$0
Oct 199429315.58$0
Sep 199428315.29$0
Aug 199430016.13$0
Jul 199428217.56$0
Jun 199427817.09$0
May 199429015.88$0
Apr 199427314.14$0
Mar 199429112.46$0
Feb 199425812.50$0
Jan 199429012.66$0
Dec 199329712.33$0
Nov 199326314.49$0
Oct 199328815.85$0
Sep 199328515.03$0
Aug 199325715.66$0
Jul 199327515.46$0
Jun 199325716.79$0
May 199330117.68$0
Apr 199325718.05$0
Mar 199327918.14$0
Feb 199324217.90$0
Jan 199329216.93$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.

Nov 2005 — as filed, then multipliedworked
Gas                    9 Mcf  × $ 10.59 =        $95

────────────────────────────────────────────────────
Month total                                      $95

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. 7C/G/72588 is the state's own key, not one this site invented.