PETTY, O. S.

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

Operated by WHITE OAK OPERATING COMPANY LLC (P-5 916954) in the CATARINA, SW. (SAN MIGUEL-GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 111166District 01Field 16340900CondensateGasSave Export

Value, all time

$1.4 M

Jan 1993 – Jun 2017

Value, last 12 filed months

at the published price for each month

Months reported

294

no gaps in the span

Streams

condensate, gas

The CATARINA, SW. (SAN MIGUEL-GAS) 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 120 leases and 120 wells, and the rule below applies to all of them.

Discovered

1978-05-01

as the register files it

Field class

Gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1979-05-21.

The Commission's schedule remark for this field reads: “KERNS O&G, INC. EFFECTIVE APRIL 1, 1997.”

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	5,137 bbl	$134,964
Gas	Production	336,025 Mcf	$1,228,555
Total			$1,363,520

72,819 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 (294)

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

294 months


Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
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	8	159	26.47	2.06	$540
Jan 2016	17	747	27.35	2.36	$2,231
Dec 2015	8	779	32.36	2.00	$1,818
Nov 2015	16	601	38.79	2.17	$1,923
Oct 2015	0	557	43.55	2.43	$1,352
Sep 2015	8	731	42.99	2.76	$2,360
Aug 2015	7	734	40.16	2.87	$2,390
Jul 2015	6	643	48.15	2.95	$2,183
Jun 2015	10	583	56.15	2.88	$2,242
May 2015	5	355	55.21	2.96	$1,325
Apr 2015	4	525	49.82	2.71	$1,620
Mar 2015	3	359	42.89	2.93	$1,182
Feb 2015	13	351	44.66	2.98	$1,625
Jan 2015	0	316	43.43	3.10	$980
Dec 2014	0	22	54.69	3.59	$79
Nov 2014	0	149	70.46	4.25	$634
Oct 2014	8	775	78.30	3.90	$3,650
Sep 2014	8	737	86.16	4.05	$3,671
Aug 2014	15	819	89.39	4.04	$4,646
Jul 2014	8	764	96.56	4.18	$3,966
Jun 2014	8	659	98.16	4.74	$3,907
May 2014	8	911	94.73	4.73	$5,064
Apr 2014	16	866	95.94	4.81	$5,700
Mar 2014	17	862	95.89	5.06	$5,989
Feb 2014	23	899	97.40	6.19	$7,807
Jan 2014	7	740	90.40	4.86	$4,230
Dec 2013	7	778	91.82	4.35	$4,031
Nov 2013	7	800	88.85	3.74	$3,613
Oct 2013	0	623	97.42	3.78	$2,355
Sep 2013	9	846	104.11	3.72	$4,082
Aug 2013	0	1,141	104.25	3.52	$4,019
Jul 2013	8	1,029	102.52	3.72	$4,646
Jun 2013	0	923	94.40	3.93	$3,631
May 2013	11	944	94.83	4.15	$4,960
Apr 2013	0	611	93.96	4.28	$2,617
Mar 2013	6	716	93.62	3.91	$3,363
Feb 2013	6	647	91.23	3.42	$2,760
Jan 2013	13	827	91.60	3.42	$4,019
Dec 2012	8	713	86.77	3.42	$3,133
Nov 2012	9	879	86.95	3.62	$3,969
Oct 2012	8	1,011	89.38	3.40	$4,152
Sep 2012	0	576	94.67	2.92	$1,681
Aug 2012	7	493	92.66	2.91	$2,082
Jul 2012	4	439	85.13	3.02	$1,667
Jun 2012	7	383	79.82	2.52	$1,524
May 2012	8	407	91.61	2.49	$1,746
Apr 2012	0	526	101.65	2.00	$1,050
Mar 2012	20	535	105.05	2.22	$3,290
Feb 2012	22	768	101.10	2.57	$4,198
Jan 2012	10	1,000	98.09	2.73	$3,715
Dec 2011	0	854	96.87	3.24	$2,767
Nov 2011	18	1,210	95.72	3.31	$5,730
Oct 2011	18	1,039	84.98	3.65	$5,320
Sep 2011	12	593	83.62	3.99	$3,367
Aug 2011	10	1,322	83.40	4.15	$6,319
Jul 2011	22	1,165	94.14	4.52	$7,334
Jun 2011	14	680	92.90	4.64	$4,456
May 2011	0	1,033	98.13	4.40	$4,550
Apr 2011	0	1,106	105.96	4.33	$4,793
Mar 2011	0	837	96.36	4.06	$3,396
Feb 2011	0	611	85.64	4.18	$2,554
Jan 2011	0	566	86.50	4.59	$2,597
Dec 2010	0	571	85.73	4.35	$2,483
Nov 2010	0	853	80.84	3.80	$3,237
Oct 2010	0	1,089	78.10	3.51	$3,821
Sep 2010	1	985	72.63	3.98	$3,992
Aug 2010	4	875	73.68	4.42	$4,162
Jul 2010	4	566	72.55	4.74	$2,971
Jun 2010	0	315	70.36	4.91	$1,547
May 2010	6	264	71.12	4.24	$1,545
Apr 2010	12	484	81.69	4.12	$2,976
Mar 2010	3	668	78.39	4.39	$3,167
Feb 2010	10	590	73.58	5.44	$3,947
Jan 2010	5	892	74.36	5.96	$5,692
Dec 2009	17	823	71.44	5.48	$5,728
Nov 2009	5	745	74.59	3.75	$3,168
Oct 2009	0	753	72.54	4.11	$3,095
Sep 2009	0	694	65.54	3.06	$2,127
Aug 2009	0	925	67.42	3.22	$2,977
Jul 2009	0	936	61.13	3.46	$3,243
Jun 2009	0	1,065	66.16	3.90	$4,148
May 2009	0	1,086	54.74	3.93	$4,263
Apr 2009	0	846	46.77	3.59	$3,035
Mar 2009	1	815	42.14	4.06	$3,350
Feb 2009	1	925	32.81	4.63	$4,318
Jan 2009	1	886	35.86	5.37	$4,795
Dec 2008	1	1,006	37.10	5.98	$6,050
Nov 2008	3	1,055	55.49	6.86	$7,404
Oct 2008	2	949	75.24	6.92	$6,719
Sep 2008	0	948	101.76	7.88	$7,467
Aug 2008	0	1,115	114.22	8.48	$9,459
Jul 2008	0	1,380	131.08	11.39	$15,717
Jun 2008	0	1,004	131.33	13.03	$13,085
May 2008	0	1,086	123.17	11.57	$12,570
Apr 2008	0	1,124	110.31	10.45	$11,751
Mar 2008	0	944	101.90	9.66	$9,123
Feb 2008	0	1,089	92.53	8.77	$9,551
Jan 2008	0	1,117	90.38	8.21	$9,166
Dec 2007	0	1,277	88.33	7.30	$9,325
Nov 2007	0	1,268	91.67	7.29	$9,246
Oct 2007	0	1,202	82.85	6.92	$8,320
Sep 2007	0	1,191	75.84	6.24	$7,437
Aug 2007	0	1,356	69.06	6.39	$8,662
Jul 2007	0	1,351	70.90	6.39	$8,630
Jun 2007	0	1,006	62.00	7.55	$7,594
May 2007	0	1,080	58.74	7.85	$8,474
Apr 2007	0	1,185	59.61	7.81	$9,249
Mar 2007	0	1,353	56.92	7.30	$9,880
Feb 2007	0	1,077	55.10	8.22	$8,849
Jan 2007	0	1,337	50.30	6.73	$8,994
Dec 2006	0	1,438	56.65	6.92	$9,949
Nov 2006	0	2,267	54.20	7.62	$17,269
Oct 2006	0	1,480	54.90	6.01	$8,900
Sep 2006	0	928	60.08	5.04	$4,675
Aug 2006	0	1,528	68.71	7.34	$11,215
Jul 2006	0	1,541	69.37	6.34	$9,774
Jun 2006	0	1,624	66.28	6.38	$10,367
May 2006	0	1,545	66.01	6.42	$9,927
Apr 2006	0	1,905	64.39	7.36	$14,022
Mar 2006	0	435	56.70	7.08	$3,081
Feb 2006	0	1,009	57.59	7.75	$7,821
Jan 2006	0	1,453	60.59	8.93	$12,980
Dec 2005	0	1,272	54.94	13.42	$17,064
Nov 2005	0	1,338	54.69	10.59	$14,167
Oct 2005	0	1,562	58.34	13.80	$21,549
Sep 2005	0	1,172	61.45	12.08	$14,157
Aug 2005	0	1,163	61.51	9.80	$11,394
Jul 2005	0	1,192	55.69	7.84	$9,350
Jun 2005	0	1,046	52.33	7.38	$7,721
May 2005	0	993	45.22	6.65	$6,605
Apr 2005	2	820	49.20	7.36	$6,134
Mar 2005	6	604	50.37	7.15	$4,624
Feb 2005	10	844	45.22	6.31	$5,779
Jan 2005	8	1,006	43.16	6.32	$6,705
Dec 2004	13	888	39.86	6.75	$6,513
Nov 2004	12	1,058	45.28	6.33	$7,241
Oct 2004	15	995	49.70	6.52	$7,228
Sep 2004	12	1,257	43.24	5.28	$7,161
Aug 2004	14	1,635	42.37	5.55	$9,669
Jul 2004	10	1,546	38.28	6.08	$9,789
Jun 2004	12	2,168	36.10	6.43	$14,380
May 2004	7	500	37.48	6.49	$3,510
Apr 2004	6	616	34.47	5.86	$3,816
Mar 2004	14	1,408	34.36	5.53	$8,267
Feb 2004	15	1,656	32.45	5.51	$9,611
Jan 2004	21	1,518	32.03	6.30	$10,235
Dec 2003	27	1,450	30.26	6.30	$9,954
Nov 2003	27	1,479	28.80	4.60	$7,574
Oct 2003	25	1,422	28.17	4.76	$7,472
Sep 2003	28	1,327	26.31	4.75	$7,039
Aug 2003	18	1,368	29.76	5.13	$7,553
Jul 2003	27	1,361	29.41	5.17	$7,832
Jun 2003	24	1,492	28.56	5.98	$9,612
May 2003	19	1,598	26.59	5.97	$10,050
Apr 2003	24	1,318	26.67	5.41	$7,767
Mar 2003	16	1,970	31.14	6.10	$12,507
Feb 2003	19	1,658	33.48	7.93	$13,777
Jan 2003	20	2,036	30.31	5.58	$11,971
Dec 2002	33	1,918	26.91	4.85	$10,198
Nov 2002	42	2,501	24.66	4.14	$11,382
Oct 2002	44	2,903	26.46	4.23	$13,441
Sep 2002	46	4,013	27.44	3.64	$15,850
Aug 2002	14	1,178	25.96	3.16	$4,091
Jul 2002	4	256	24.58	3.06	$882
Jun 2002	4	196	23.73	3.34	$749
May 2002	7	384	24.66	3.58	$1,549
Apr 2002	25	1,012	23.65	3.51	$4,146
Mar 2002	52	2,661	22.00	3.10	$9,400
Feb 2002	70	2,894	18.22	2.38	$8,151
Jan 2002	37	1,632	17.17	2.38	$4,512
Dec 2001	12	750	16.93	2.36	$1,976
Nov 2001	7	350	18.07	2.41	$968
Oct 2001	6	365	19.78	2.53	$1,042
Sep 2001	4	360	24.26	2.25	$908
Aug 2001	4	334	24.87	3.05	$1,119
Jul 2001	2	148	23.93	3.20	$521
Jun 2001	2	91	24.56	3.82	$397
May 2001	0	12	25.52	4.31	$52
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	1	0	24.54	5.38	$25
Feb 2001	3	168	27.75	5.77	$1,052
Jan 2001	12	653	27.47	8.40	$5,814
Dec 2000	27	1,226	26.88	9.12	$11,910
Nov 2000	30	1,836	32.21	5.66	$11,354
Oct 2000	31	1,863	31.23	5.15	$10,554
Sep 2000	26	1,914	31.87	5.19	$10,756
Aug 2000	37	2,219	29.64	4.54	$11,173
Jul 2000	39	2,166	28.53	4.09	$9,971
Jun 2000	12	1,013	29.30	4.40	$4,806
May 2000	32	1,676	27.26	3.68	$7,040
Apr 2000	34	2,156	24.51	3.12	$7,551
Mar 2000	48	2,042	28.42	2.86	$7,204
Feb 2000	52	2,513	27.62	2.73	$8,288
Jan 2000	52	3,112	25.27	2.48	$9,033
Dec 1999	30	1,874	24.28	2.42	$5,270
Nov 1999	29	1,533	23.19	2.43	$4,404
Oct 1999	26	2,599	20.98	2.80	$7,832
Sep 1999	4	338	21.75	2.62	$972
Aug 1999	0	0	19.26	2.88	$0
Jul 1999	1	0	17.89	2.37	$18
Jun 1999	2	4	15.94	2.36	$41
May 1999	8	127	15.79	2.32	$421
Apr 1999	28	1,497	15.10	2.21	$3,728
Mar 1999	71	3,665	12.47	1.84	$7,623
Feb 1999	37	1,895	9.98	1.82	$3,814
Jan 1999	61	3,148	10.38	1.90	$6,614
Dec 1998	54	2,819	9.20	1.77	$5,496
Nov 1998	50	2,002	10.89	2.19	$4,920
Oct 1998	54	2,196	12.42	1.97	$4,995
Sep 1998	55	2,283	12.59	2.08	$5,447
Aug 1998	44	2,222	11.30	1.91	$4,735
Jul 1998	48	2,177	11.74	2.24	$5,434
Jun 1998	22	1,763	11.24	2.24	$4,192
May 1998	33	2,334	12.62	2.21	$5,566
Apr 1998	31	2,397	13.04	2.51	$6,410
Mar 1998	34	2,218	12.80	2.31	$5,558
Feb 1998	27	1,586	13.95	2.30	$4,023
Jan 1998	36	1,975	14.70	2.15	$4,785
Dec 1997	47	2,313	16.32	2.41	$6,344
Nov 1997	34	1,256	18.19	3.09	$4,497
Oct 1997	40	1,595	19.25	3.15	$5,794
Sep 1997	29	1,442	17.74	2.95	$4,775
Aug 1997	36	1,437	17.86	2.55	$4,314
Jul 1997	39	1,416	17.58	2.25	$3,867
Jun 1997	27	1,092	17.24	2.26	$2,930
May 1997	50	1,190	18.97	2.31	$3,696
Apr 1997	52	1,301	17.88	2.08	$3,639
Mar 1997	64	1,359	18.95	1.94	$3,848
Feb 1997	58	1,457	20.49	2.21	$4,402
Jan 1997	50	1,867	23.48	3.54	$7,783
Dec 1996	29	1,336	23.32	—	$676
Nov 1996	11	899	21.97	—	$242
Oct 1996	6	282	23.31	—	$140
Sep 1996	6	210	22.22	—	$133
Aug 1996	36	1,254	20.26	—	$729
Jul 1996	40	2,232	19.55	—	$782
Jun 1996	45	2,181	18.73	—	$843
May 1996	64	2,139	19.43	—	$1,244
Apr 1996	67	2,084	21.51	—	$1,441
Mar 1996	70	2,133	19.38	—	$1,357
Feb 1996	96	1,819	16.98	—	$1,630
Jan 1996	46	1,258	17.07	—	$785
Dec 1995	57	1,323	17.19	—	$980
Nov 1995	35	1,260	16.00	—	$560
Oct 1995	28	1,456	15.43	—	$432
Sep 1995	37	1,362	16.18	—	$599
Aug 1995	21	1,330	15.92	—	$334
Jul 1995	32	1,293	15.24	—	$488
Jun 1995	26	1,311	16.41	—	$427
May 1995	26	1,330	17.56	—	$457
Apr 1995	34	1,444	17.73	—	$603
Mar 1995	41	1,485	16.44	—	$674
Feb 1995	33	1,284	16.58	—	$547
Jan 1995	34	1,487	15.92	—	$541
Dec 1994	50	1,471	15.03	—	$752
Nov 1994	44	1,449	15.90	—	$700
Oct 1994	37	1,504	15.58	—	$576
Sep 1994	37	1,521	15.29	—	$566
Aug 1994	38	1,626	16.13	—	$613
Jul 1994	41	1,536	17.56	—	$720
Jun 1994	52	1,533	17.09	—	$889
May 1994	62	1,546	15.88	—	$985
Apr 1994	61	1,427	14.14	—	$863
Mar 1994	73	1,517	12.46	—	$910
Feb 1994	64	1,284	12.50	—	$800
Jan 1994	53	1,605	12.66	—	$671
Dec 1993	40	1,679	12.33	—	$493
Nov 1993	50	1,863	14.49	—	$725
Oct 1993	37	2,089	15.85	—	$586
Sep 1993	29	1,544	15.03	—	$436
Aug 1993	30	1,708	15.66	—	$470
Jul 1993	31	1,709	15.46	—	$479
Jun 1993	35	1,758	16.79	—	$588
May 1993	39	1,709	17.68	—	$690
Apr 1993	39	1,614	18.05	—	$704
Mar 1993	39	1,708	18.14	—	$707
Feb 1993	29	1,425	17.90	—	$519
Jan 1993	31	1,802	16.93	—	$525

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.

Feb 2016 — as filed, then multipliedworked

Condensate             8 bbl  × $ 26.47 =       $212
Gas                  159 Mcf  × $  2.06 =       $328

────────────────────────────────────────────────────
Month total                                     $540

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. 01/G/111166 is the state's own key, not one this site invented.