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 111185District 01Field 16340900CondensateGasSave Export

Value, all time

$2.2 M

Jan 1993 – Jul 2017

Value, last 12 filed months

at the published price for each month

Months reported

295

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	10,205 bbl	$250,472
Gas	Production	596,468 Mcf	$1,911,668
Total			$2,162,139

185,705 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 (295)

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

295 months


Jul 2017	0	0	43.87	3.09	$0
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	182	26.47	2.06	$587
Jan 2016	17	728	27.35	2.36	$2,186
Dec 2015	9	771	32.36	2.00	$1,834
Nov 2015	22	791	38.79	2.17	$2,568
Oct 2015	0	867	43.55	2.43	$2,104
Sep 2015	11	951	42.99	2.76	$3,096
Aug 2015	12	1,104	40.16	2.87	$3,653
Jul 2015	13	1,243	48.15	2.95	$4,287
Jun 2015	20	1,247	56.15	2.88	$4,718
May 2015	5	1,271	55.21	2.96	$4,032
Apr 2015	5	505	49.82	2.71	$1,616
Mar 2015	6	520	42.89	2.93	$1,783
Feb 2015	15	629	44.66	2.98	$2,542
Jan 2015	0	333	43.43	3.10	$1,033
Dec 2014	0	17	54.69	3.59	$61
Nov 2014	0	151	70.46	4.25	$642
Oct 2014	9	781	78.30	3.90	$3,751
Sep 2014	8	785	86.16	4.05	$3,865
Aug 2014	16	828	89.39	4.04	$4,771
Jul 2014	10	850	96.56	4.18	$4,518
Jun 2014	12	839	98.16	4.74	$5,152
May 2014	11	1,294	94.73	4.73	$7,158
Apr 2014	23	1,192	95.94	4.81	$7,939
Mar 2014	22	1,245	95.89	5.06	$8,405
Feb 2014	32	1,116	97.40	6.19	$10,027
Jan 2014	12	1,087	90.40	4.86	$6,368
Dec 2013	12	1,423	91.82	4.35	$7,298
Nov 2013	12	1,383	88.85	3.74	$6,236
Oct 2013	0	1,143	97.42	3.78	$4,320
Sep 2013	11	1,281	104.11	3.72	$5,908
Aug 2013	0	1,207	104.25	3.52	$4,252
Jul 2013	12	1,464	102.52	3.72	$6,673
Jun 2013	0	1,376	94.40	3.93	$5,412
May 2013	25	1,469	94.83	4.15	$8,466
Apr 2013	0	1,472	93.96	4.28	$6,304
Mar 2013	15	1,704	93.62	3.91	$8,072
Feb 2013	19	1,658	91.23	3.42	$7,404
Jan 2013	35	2,510	91.60	3.42	$11,790
Dec 2012	3	1,856	86.77	3.42	$6,608
Nov 2012	6	0	86.95	3.62	$522
Oct 2012	6	0	89.38	3.40	$536
Sep 2012	6	76	94.67	2.92	$790
Aug 2012	7	482	92.66	2.91	$2,050
Jul 2012	4	427	85.13	3.02	$1,630
Jun 2012	8	395	79.82	2.52	$1,634
May 2012	9	428	91.61	2.49	$1,889
Apr 2012	0	530	101.65	2.00	$1,058
Mar 2012	25	537	105.05	2.22	$3,820
Feb 2012	26	971	101.10	2.57	$5,124
Jan 2012	13	1,031	98.09	2.73	$4,094
Dec 2011	0	1,195	96.87	3.24	$3,871
Nov 2011	19	1,448	95.72	3.31	$6,613
Oct 2011	18	1,055	84.98	3.65	$5,379
Sep 2011	12	599	83.62	3.99	$3,391
Aug 2011	13	1,337	83.40	4.15	$6,632
Jul 2011	26	1,420	94.14	4.52	$8,862
Jun 2011	28	625	92.90	4.64	$5,501
May 2011	6	1,621	98.13	4.40	$7,729
Apr 2011	0	1,216	105.96	4.33	$5,269
Mar 2011	0	910	96.36	4.06	$3,692
Feb 2011	0	619	85.64	4.18	$2,587
Jan 2011	0	1,042	86.50	4.59	$4,782
Dec 2010	0	1,158	85.73	4.35	$5,035
Nov 2010	0	1,123	80.84	3.80	$4,262
Oct 2010	0	1,286	78.10	3.51	$4,512
Sep 2010	0	1,060	72.63	3.98	$4,218
Aug 2010	0	1,183	73.68	4.42	$5,228
Jul 2010	0	954	72.55	4.74	$4,519
Jun 2010	0	2,177	70.36	4.91	$10,690
May 2010	9	1,824	71.12	4.24	$8,365
Apr 2010	1	1,431	81.69	4.12	$5,981
Mar 2010	0	1,122	78.39	4.39	$4,924
Feb 2010	0	923	73.58	5.44	$5,023
Jan 2010	0	1,034	74.36	5.96	$6,167
Dec 2009	0	988	71.44	5.48	$5,418
Nov 2009	0	964	74.59	3.75	$3,616
Oct 2009	0	1,116	72.54	4.11	$4,587
Sep 2009	0	1,356	65.54	3.06	$4,156
Aug 2009	0	1,271	67.42	3.22	$4,091
Jul 2009	0	1,077	61.13	3.46	$3,731
Jun 2009	0	1,211	66.16	3.90	$4,717
May 2009	1	1,472	54.74	3.93	$5,833
Apr 2009	1	1,283	46.77	3.59	$4,650
Mar 2009	3	1,492	42.14	4.06	$6,182
Feb 2009	1	1,329	32.81	4.63	$6,190
Jan 2009	1	1,309	35.86	5.37	$7,067
Dec 2008	1	1,165	37.10	5.98	$7,000
Nov 2008	3	1,528	55.49	6.86	$10,649
Oct 2008	12	1,453	75.24	6.92	$10,961
Sep 2008	14	1,669	101.76	7.88	$14,572
Aug 2008	11	1,854	114.22	8.48	$16,984
Jul 2008	11	2,043	131.08	11.39	$24,710
Jun 2008	11	1,653	131.33	13.03	$22,988
May 2008	0	1,950	123.17	11.57	$22,570
Apr 2008	0	2,036	110.31	10.45	$21,286
Mar 2008	0	1,754	101.90	9.66	$16,951
Feb 2008	0	2,096	92.53	8.77	$18,383
Jan 2008	0	2,223	90.38	8.21	$18,241
Dec 2007	0	1,745	88.33	7.30	$12,742
Nov 2007	0	1,944	91.67	7.29	$14,175
Oct 2007	0	1,855	82.85	6.92	$12,840
Sep 2007	0	1,795	75.84	6.24	$11,208
Aug 2007	0	2,052	69.06	6.39	$13,108
Jul 2007	0	1,872	70.90	6.39	$11,958
Jun 2007	0	1,902	62.00	7.55	$14,357
May 2007	0	1,995	58.74	7.85	$15,653
Apr 2007	0	1,939	59.61	7.81	$15,134
Mar 2007	0	2,086	56.92	7.30	$15,232
Feb 2007	1	2,069	55.10	8.22	$17,054
Jan 2007	2	1,877	50.30	6.73	$12,727
Dec 2006	3	2,158	56.65	6.92	$15,100
Nov 2006	14	1,881	54.20	7.62	$15,087
Oct 2006	57	1,630	54.90	6.01	$12,932
Sep 2006	50	1,741	60.08	5.04	$11,774
Aug 2006	41	2,013	68.71	7.34	$17,592
Jul 2006	33	2,194	69.37	6.34	$16,205
Jun 2006	0	2,097	66.28	6.38	$13,387
May 2006	0	2,189	66.01	6.42	$14,064
Apr 2006	0	2,227	64.39	7.36	$16,392
Mar 2006	0	1,961	56.70	7.08	$13,890
Feb 2006	0	1,830	57.59	7.75	$14,185
Jan 2006	0	2,317	60.59	8.93	$20,699
Dec 2005	0	2,352	54.94	13.42	$31,553
Nov 2005	0	2,366	54.69	10.59	$25,052
Oct 2005	0	1,647	58.34	13.80	$22,722
Sep 2005	0	1,749	61.45	12.08	$21,126
Aug 2005	0	1,770	61.51	9.80	$17,340
Jul 2005	0	1,796	55.69	7.84	$14,087
Jun 2005	0	1,630	52.33	7.38	$12,031
May 2005	0	1,400	45.22	6.65	$9,312
Apr 2005	0	2,890	49.20	7.36	$21,272
Mar 2005	0	4,002	50.37	7.15	$28,634
Feb 2005	0	2,225	45.22	6.31	$14,044
Jan 2005	0	1,347	43.16	6.32	$8,516
Dec 2004	0	501	39.86	6.75	$3,382
Nov 2004	0	1,086	45.28	6.33	$6,875
Oct 2004	0	1,916	49.70	6.52	$12,483
Sep 2004	0	2,197	43.24	5.28	$11,609
Aug 2004	1	1,698	42.37	5.55	$9,467
Jul 2004	2	1,592	38.28	6.08	$9,763
Jun 2004	7	1,885	36.10	6.43	$12,379
May 2004	10	2,440	37.48	6.49	$16,222
Apr 2004	5	1,611	34.47	5.86	$9,610
Mar 2004	9	2,114	34.36	5.53	$12,000
Feb 2004	9	1,914	32.45	5.51	$10,837
Jan 2004	13	2,185	32.03	6.30	$14,181
Dec 2003	14	1,834	30.26	6.30	$11,981
Nov 2003	17	2,288	28.80	4.60	$11,003
Oct 2003	15	2,315	28.17	4.76	$11,441
Sep 2003	18	2,252	26.31	4.75	$11,169
Aug 2003	12	2,394	29.76	5.13	$12,638
Jul 2003	17	2,237	29.41	5.17	$12,067
Jun 2003	15	2,364	28.56	5.98	$14,572
May 2003	13	1,907	26.59	5.97	$11,736
Apr 2003	49	1,832	26.67	5.41	$11,213
Mar 2003	77	2,757	31.14	6.10	$19,205
Feb 2003	84	1,978	33.48	7.93	$18,490
Jan 2003	81	2,224	30.31	5.58	$14,870
Dec 2002	108	2,115	26.91	4.85	$13,172
Nov 2002	89	2,623	24.66	4.14	$13,046
Oct 2002	86	2,942	26.46	4.23	$14,718
Sep 2002	81	2,926	27.44	3.64	$12,859
Aug 2002	99	3,391	25.96	3.16	$13,300
Jul 2002	100	3,537	24.58	3.06	$13,287
Jun 2002	70	3,034	23.73	3.34	$11,789
May 2002	40	1,538	24.66	3.58	$6,499
Apr 2002	88	2,473	23.65	3.51	$10,767
Mar 2002	113	3,099	22.00	3.10	$12,101
Feb 2002	144	2,962	18.22	2.38	$9,660
Jan 2002	152	3,114	17.17	2.38	$10,008
Dec 2001	155	3,665	16.93	2.36	$11,290
Nov 2001	82	2,111	18.07	2.41	$6,560
Oct 2001	30	676	19.78	2.53	$2,303
Sep 2001	37	1,254	24.26	2.25	$3,721
Aug 2001	42	1,577	24.87	3.05	$5,859
Jul 2001	31	1,041	23.93	3.20	$4,070
Jun 2001	26	801	24.56	3.82	$3,702
May 2001	22	1,243	25.52	4.31	$5,915
Apr 2001	49	1,625	24.68	5.34	$9,879
Mar 2001	41	1,907	24.54	5.38	$11,259
Feb 2001	43	1,588	27.75	5.77	$10,351
Jan 2001	54	1,644	27.47	8.40	$15,291
Dec 2000	77	2,032	26.88	9.12	$20,607
Nov 2000	43	1,430	32.21	5.66	$9,476
Oct 2000	25	714	31.23	5.15	$4,455
Sep 2000	25	839	31.87	5.19	$5,148
Aug 2000	44	1,080	29.64	4.54	$6,208
Jul 2000	73	1,656	28.53	4.09	$8,855
Jun 2000	45	1,895	29.30	4.40	$9,651
May 2000	89	2,272	27.26	3.68	$10,787
Apr 2000	96	2,902	24.51	3.12	$11,396
Mar 2000	133	2,878	28.42	2.86	$12,010
Feb 2000	126	2,763	27.62	2.73	$11,013
Jan 2000	145	2,895	25.27	2.48	$10,845
Dec 1999	229	3,096	24.28	2.42	$13,064
Nov 1999	227	2,965	23.19	2.43	$12,481
Oct 1999	166	2,566	20.98	2.80	$10,677
Sep 1999	186	2,763	21.75	2.62	$11,281
Aug 1999	202	2,654	19.26	2.88	$11,522
Jul 1999	213	2,637	17.89	2.37	$10,067
Jun 1999	179	2,902	15.94	2.36	$9,708
May 1999	219	3,259	15.79	2.32	$11,022
Apr 1999	215	3,146	15.10	2.21	$10,193
Mar 1999	296	3,102	12.47	1.84	$9,394
Feb 1999	190	2,289	9.98	1.82	$6,057
Jan 1999	267	2,814	10.38	1.90	$8,118
Dec 1998	270	2,866	9.20	1.77	$7,566
Nov 1998	294	2,622	10.89	2.19	$8,933
Oct 1998	303	2,733	12.42	1.97	$9,145
Sep 1998	303	2,768	12.59	2.08	$9,579
Aug 1998	238	2,688	11.30	1.91	$7,816
Jul 1998	215	2,421	11.74	2.24	$7,941
Jun 1998	10	2,360	11.24	2.24	$5,392
May 1998	15	2,861	12.62	2.21	$6,502
Apr 1998	13	2,693	13.04	2.51	$6,916
Mar 1998	21	3,466	12.80	2.31	$8,273
Feb 1998	21	3,418	13.95	2.30	$8,151
Jan 1998	25	4,276	14.70	2.15	$9,581
Dec 1997	27	3,311	16.32	2.41	$8,424
Nov 1997	30	3,231	18.19	3.09	$10,524
Oct 1997	29	3,122	19.25	3.15	$10,392
Sep 1997	23	3,178	17.74	2.95	$9,799
Aug 1997	28	3,197	17.86	2.55	$8,668
Jul 1997	27	2,806	17.58	2.25	$6,780
Jun 1997	18	2,357	17.24	2.26	$5,631
May 1997	33	2,536	18.97	2.31	$6,480
Apr 1997	32	2,612	17.88	2.08	$6,012
Mar 1997	40	2,801	18.95	1.94	$6,190
Feb 1997	30	2,460	20.49	2.21	$6,041
Jan 1997	25	2,677	23.48	3.54	$10,063
Dec 1996	32	2,696	23.32	—	$746
Nov 1996	20	2,729	21.97	—	$439
Oct 1996	32	3,065	23.31	—	$746
Sep 1996	28	3,018	22.22	—	$622
Aug 1996	38	3,076	20.26	—	$770
Jul 1996	27	3,094	19.55	—	$528
Jun 1996	32	3,058	18.73	—	$599
May 1996	46	3,201	19.43	—	$894
Apr 1996	48	2,970	21.51	—	$1,032
Mar 1996	48	3,266	19.38	—	$930
Feb 1996	47	3,095	16.98	—	$798
Jan 1996	34	3,762	17.07	—	$580
Dec 1995	42	3,963	17.19	—	$722
Nov 1995	25	3,782	16.00	—	$400
Oct 1995	19	4,084	15.43	—	$293
Sep 1995	26	3,949	16.18	—	$421
Aug 1995	16	4,184	15.92	—	$255
Jul 1995	24	4,121	15.24	—	$366
Jun 1995	18	3,919	16.41	—	$295
May 1995	19	4,319	17.56	—	$334
Apr 1995	23	4,145	17.73	—	$408
Mar 1995	28	4,335	16.44	—	$460
Feb 1995	23	3,870	16.58	—	$381
Jan 1995	24	4,363	15.92	—	$382
Dec 1994	36	4,375	15.03	—	$541
Nov 1994	35	4,048	15.90	—	$557
Oct 1994	29	4,284	15.58	—	$452
Sep 1994	28	4,267	15.29	—	$428
Aug 1994	28	4,375	16.13	—	$452
Jul 1994	31	4,508	17.56	—	$544
Jun 1994	34	4,227	17.09	—	$581
May 1994	40	4,265	15.88	—	$635
Apr 1994	38	3,787	14.14	—	$537
Mar 1994	49	4,270	12.46	—	$611
Feb 1994	42	3,700	12.50	—	$525
Jan 1994	34	4,287	12.66	—	$430
Dec 1993	28	4,349	12.33	—	$345
Nov 1993	26	3,343	14.49	—	$377
Oct 1993	22	3,728	15.85	—	$349
Sep 1993	21	4,060	15.03	—	$316
Aug 1993	21	4,429	15.66	—	$329
Jul 1993	23	4,422	15.46	—	$356
Jun 1993	22	4,269	16.79	—	$369
May 1993	27	4,470	17.68	—	$477
Apr 1993	27	4,243	18.05	—	$487
Mar 1993	26	4,345	18.14	—	$472
Feb 1993	19	4,052	17.90	—	$340
Jan 1993	15	3,538	16.93	—	$254

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                  182 Mcf  × $  2.06 =       $376

────────────────────────────────────────────────────
Month total                                     $587

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/111185 is the state's own key, not one this site invented.