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 ROSETTA RESOURCES OPERATING LP (P-5 728883) 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 122104District 01Field 16340900CondensateGasSave Export

Value, all time

$914 k

Jan 1993 – May 2013

Value, last 12 filed months

$5 k

at the published price for each month

Months reported

245

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	998 bbl	$21,983
Gas	Production	281,064 Mcf	$892,211
Total			$914,194

72,828 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 (245)

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

245 months


May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	5	442	92.66	2.91	$1,749
Jul 2012	3	462	85.13	3.02	$1,651
Jun 2012	5	395	79.82	2.52	$1,394
May 2012	5	421	91.61	2.49	$1,506
Apr 2012	0	526	101.65	2.00	$1,050
Mar 2012	6	537	105.05	2.22	$1,824
Feb 2012	4	327	101.10	2.57	$1,245
Jan 2012	1	426	98.09	2.73	$1,263
Dec 2011	0	126	96.87	3.24	$408
Nov 2011	3	98	95.72	3.31	$612
Oct 2011	7	122	84.98	3.65	$1,040
Sep 2011	2	561	83.62	3.99	$2,403
Aug 2011	3	132	83.40	4.15	$798
Jul 2011	4	303	94.14	4.52	$1,745
Jun 2011	5	664	92.90	4.64	$3,545
May 2011	2	145	98.13	4.40	$835
Apr 2011	0	207	105.96	4.33	$897
Mar 2011	0	165	96.36	4.06	$669
Feb 2011	0	89	85.64	4.18	$372
Jan 2011	0	165	86.50	4.59	$757
Dec 2010	0	163	85.73	4.35	$709
Nov 2010	0	174	80.84	3.80	$660
Oct 2010	0	242	78.10	3.51	$849
Sep 2010	0	203	72.63	3.98	$808
Aug 2010	0	476	73.68	4.42	$2,104
Jul 2010	0	433	72.55	4.74	$2,051
Jun 2010	3	1,539	70.36	4.91	$7,768
May 2010	1	1,337	71.12	4.24	$5,734
Apr 2010	0	629	81.69	4.12	$2,593
Mar 2010	0	247	78.39	4.39	$1,084
Feb 2010	0	221	73.58	5.44	$1,203
Jan 2010	0	419	74.36	5.96	$2,499
Dec 2009	0	357	71.44	5.48	$1,958
Nov 2009	0	241	74.59	3.75	$904
Oct 2009	0	101	72.54	4.11	$415
Sep 2009	0	147	65.54	3.06	$451
Aug 2009	0	117	67.42	3.22	$377
Jul 2009	0	168	61.13	3.46	$582
Jun 2009	0	169	66.16	3.90	$658
May 2009	0	208	54.74	3.93	$817
Apr 2009	0	149	46.77	3.59	$535
Mar 2009	0	274	42.14	4.06	$1,112
Feb 2009	0	171	32.81	4.63	$792
Jan 2009	0	154	35.86	5.37	$827
Dec 2008	0	293	37.10	5.98	$1,751
Nov 2008	0	307	55.49	6.86	$2,106
Oct 2008	0	498	75.24	6.92	$3,447
Sep 2008	0	231	101.76	7.88	$1,820
Aug 2008	0	428	114.22	8.48	$3,631
Jul 2008	0	900	131.08	11.39	$10,250
Jun 2008	0	549	131.33	13.03	$7,155
May 2008	0	536	123.17	11.57	$6,204
Apr 2008	0	487	110.31	10.45	$5,092
Mar 2008	0	452	101.90	9.66	$4,368
Feb 2008	0	664	92.53	8.77	$5,824
Jan 2008	0	720	90.38	8.21	$5,908
Dec 2007	0	553	88.33	7.30	$4,038
Nov 2007	0	602	91.67	7.29	$4,390
Oct 2007	0	528	82.85	6.92	$3,655
Sep 2007	0	647	75.84	6.24	$4,040
Aug 2007	0	636	69.06	6.39	$4,063
Jul 2007	0	465	70.90	6.39	$2,970
Jun 2007	0	583	62.00	7.55	$4,401
May 2007	0	562	58.74	7.85	$4,410
Apr 2007	0	570	59.61	7.81	$4,449
Mar 2007	0	640	56.92	7.30	$4,673
Feb 2007	0	549	55.10	8.22	$4,511
Jan 2007	0	666	50.30	6.73	$4,480
Dec 2006	0	607	56.65	6.92	$4,199
Nov 2006	0	849	54.20	7.62	$6,467
Oct 2006	0	798	54.90	6.01	$4,799
Sep 2006	0	689	60.08	5.04	$3,471
Aug 2006	0	682	68.71	7.34	$5,006
Jul 2006	0	489	69.37	6.34	$3,102
Jun 2006	0	454	66.28	6.38	$2,898
May 2006	0	543	66.01	6.42	$3,489
Apr 2006	0	412	64.39	7.36	$3,033
Mar 2006	0	359	56.70	7.08	$2,543
Feb 2006	0	460	57.59	7.75	$3,566
Jan 2006	0	549	60.59	8.93	$4,904
Dec 2005	0	471	54.94	13.42	$6,319
Nov 2005	0	1,454	54.69	10.59	$15,396
Oct 2005	0	723	58.34	13.80	$9,974
Sep 2005	0	543	61.45	12.08	$6,559
Aug 2005	1	913	61.51	9.80	$9,006
Jul 2005	6	1,221	55.69	7.84	$9,911
Jun 2005	15	1,337	52.33	7.38	$10,653
May 2005	18	1,449	45.22	6.65	$10,451
Apr 2005	15	1,428	49.20	7.36	$11,249
Mar 2005	0	352	50.37	7.15	$2,519
Feb 2005	0	240	45.22	6.31	$1,515
Jan 2005	0	28	43.16	6.32	$177
Dec 2004	0	103	39.86	6.75	$695
Nov 2004	0	1,012	45.28	6.33	$6,406
Oct 2004	0	902	49.70	6.52	$5,877
Sep 2004	0	1,107	43.24	5.28	$5,849
Aug 2004	0	791	42.37	5.55	$4,391
Jul 2004	0	633	38.28	6.08	$3,851
Jun 2004	0	1,121	36.10	6.43	$7,211
May 2004	0	1,185	37.48	6.49	$7,696
Apr 2004	0	1,003	34.47	5.86	$5,876
Mar 2004	0	1,316	34.36	5.53	$7,278
Feb 2004	0	1,225	32.45	5.51	$6,749
Jan 2004	0	1,245	32.03	6.30	$7,843
Dec 2003	0	1,438	30.26	6.30	$9,062
Nov 2003	0	1,515	28.80	4.60	$6,962
Oct 2003	0	1,274	28.17	4.76	$6,064
Sep 2003	0	1,607	26.31	4.75	$7,632
Aug 2003	0	1,314	29.76	5.13	$6,740
Jul 2003	0	1,279	29.41	5.17	$6,614
Jun 2003	0	1,693	28.56	5.98	$10,129
May 2003	0	1,432	26.59	5.97	$8,553
Apr 2003	0	1,299	26.67	5.41	$7,024
Mar 2003	0	1,894	31.14	6.10	$11,546
Feb 2003	0	843	33.48	7.93	$6,682
Jan 2003	0	941	30.31	5.58	$5,253
Dec 2002	0	1,229	26.91	4.85	$5,965
Nov 2002	0	767	24.66	4.14	$3,173
Oct 2002	0	1,263	26.46	4.23	$5,341
Sep 2002	0	1,531	27.44	3.64	$5,565
Aug 2002	0	1,755	25.96	3.16	$5,553
Jul 2002	0	1,956	24.58	3.06	$5,989
Jun 2002	0	1,718	23.73	3.34	$5,735
May 2002	0	610	24.66	3.58	$2,186
Apr 2002	0	954	23.65	3.51	$3,351
Mar 2002	0	1,531	22.00	3.10	$4,750
Feb 2002	0	1,603	18.22	2.38	$3,808
Jan 2002	0	1,502	17.17	2.38	$3,568
Dec 2001	0	2,535	16.93	2.36	$5,994
Nov 2001	0	2,253	18.07	2.41	$5,420
Oct 2001	0	86	19.78	2.53	$217
Sep 2001	0	539	24.26	2.25	$1,213
Aug 2001	0	2,295	24.87	3.05	$7,007
Jul 2001	0	1,550	23.93	3.20	$4,955
Jun 2001	0	2,026	24.56	3.82	$7,748
May 2001	0	1,840	25.52	4.31	$7,925
Apr 2001	0	2,160	24.68	5.34	$11,524
Mar 2001	0	2,206	24.54	5.38	$11,860
Feb 2001	0	2,366	27.75	5.77	$13,645
Jan 2001	0	2,909	27.47	8.40	$24,432
Dec 2000	0	2,552	26.88	9.12	$23,281
Nov 2000	0	2,542	32.21	5.66	$14,383
Oct 2000	0	2,317	31.23	5.15	$11,922
Sep 2000	0	4,076	31.87	5.19	$21,140
Aug 2000	0	1,702	29.64	4.54	$7,728
Jul 2000	0	1,260	28.53	4.09	$5,153
Jun 2000	0	1,205	29.30	4.40	$5,299
May 2000	0	0	27.26	3.68	$0
Apr 2000	0	0	24.51	3.12	$0
Mar 2000	0	610	28.42	2.86	$1,744
Feb 2000	1	1,707	27.62	2.73	$4,682
Jan 2000	2	1,079	25.27	2.48	$2,727
Dec 1999	9	1,605	24.28	2.42	$4,109
Nov 1999	9	1,811	23.19	2.43	$4,617
Oct 1999	7	1,805	20.98	2.80	$5,208
Sep 1999	6	955	21.75	2.62	$2,632
Aug 1999	9	1,463	19.26	2.88	$4,380
Jul 1999	12	2,253	17.89	2.37	$5,560
Jun 1999	8	2,114	15.94	2.36	$5,121
May 1999	10	2,104	15.79	2.32	$5,041
Apr 1999	9	1,370	15.10	2.21	$3,161
Mar 1999	25	3,406	12.47	1.84	$6,573
Feb 1999	23	3,695	9.98	1.82	$6,946
Jan 1999	37	5,360	10.38	1.90	$10,568
Dec 1998	43	6,868	9.20	1.77	$12,575
Nov 1998	48	6,664	10.89	2.19	$15,088
Oct 1998	40	6,650	12.42	1.97	$13,592
Sep 1998	13	1,856	12.59	2.08	$4,029
Aug 1998	9	1,511	11.30	1.91	$2,984
Jul 1998	10	1,498	11.74	2.24	$3,469
Jun 1998	4	1,546	11.24	2.24	$3,504
May 1998	5	1,496	12.62	2.21	$3,364
Apr 1998	5	1,433	13.04	2.51	$3,655
Mar 1998	5	1,376	12.80	2.31	$3,242
Feb 1998	5	1,263	13.95	2.30	$2,974
Jan 1998	7	1,549	14.70	2.15	$3,441
Dec 1997	9	1,612	16.32	2.41	$4,034
Nov 1997	10	1,589	18.19	3.09	$5,089
Oct 1997	10	1,561	19.25	3.15	$5,109
Sep 1997	7	1,464	17.74	2.95	$4,450
Aug 1997	9	1,476	17.86	2.55	$3,932
Jul 1997	9	1,277	17.58	2.25	$3,028
Jun 1997	5	1,012	17.24	2.26	$2,370
May 1997	8	1,046	18.97	2.31	$2,566
Apr 1997	8	1,071	17.88	2.08	$2,374
Mar 1997	10	1,111	18.95	1.94	$2,344
Feb 1997	8	1,060	20.49	2.21	$2,502
Jan 1997	7	1,132	23.48	3.54	$4,171
Dec 1996	13	1,237	23.32	—	$303
Nov 1996	8	1,243	21.97	—	$176
Oct 1996	12	1,289	23.31	—	$280
Sep 1996	11	1,256	22.22	—	$244
Aug 1996	14	1,217	20.26	—	$284
Jul 1996	10	1,244	19.55	—	$196
Jun 1996	11	1,256	18.73	—	$206
May 1996	15	1,144	19.43	—	$291
Apr 1996	16	1,103	21.51	—	$344
Mar 1996	16	1,203	19.38	—	$310
Feb 1996	16	1,126	16.98	—	$272
Jan 1996	11	1,381	17.07	—	$188
Dec 1995	15	1,326	17.19	—	$258
Nov 1995	9	1,275	16.00	—	$144
Oct 1995	8	1,487	15.43	—	$123
Sep 1995	10	1,551	16.18	—	$162
Aug 1995	7	1,621	15.92	—	$111
Jul 1995	8	1,497	15.24	—	$122
Jun 1995	7	1,542	16.41	—	$115
May 1995	6	1,502	17.56	—	$105
Apr 1995	8	1,579	17.73	—	$142
Mar 1995	9	1,598	16.44	—	$148
Feb 1995	8	1,381	16.58	—	$133
Jan 1995	7	1,413	15.92	—	$111
Dec 1994	10	1,515	15.03	—	$150
Nov 1994	6	1,472	15.90	—	$95
Oct 1994	6	1,496	15.58	—	$93
Sep 1994	6	1,724	15.29	—	$92
Aug 1994	6	1,729	16.13	—	$97
Jul 1994	6	1,686	17.56	—	$105
Jun 1994	7	1,320	17.09	—	$120
May 1994	10	1,332	15.88	—	$159
Apr 1994	11	1,657	14.14	—	$156
Mar 1994	14	1,812	12.46	—	$174
Feb 1994	11	1,488	12.50	—	$138
Jan 1994	8	1,631	12.66	—	$101
Dec 1993	6	1,716	12.33	—	$74
Nov 1993	6	1,738	14.49	—	$87
Oct 1993	5	1,787	15.85	—	$79
Sep 1993	5	2,051	15.03	—	$75
Aug 1993	5	1,901	15.66	—	$78
Jul 1993	5	1,787	15.46	—	$77
Jun 1993	5	1,524	16.79	—	$84
May 1993	6	1,874	17.68	—	$106
Apr 1993	6	1,597	18.05	—	$108
Mar 1993	6	1,730	18.14	—	$109
Feb 1993	5	1,714	17.90	—	$90
Jan 1993	7	2,076	16.93	—	$119

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.

Aug 2012 — as filed, then multipliedworked

Condensate             5 bbl  × $ 92.66 =       $463
Gas                  442 Mcf  × $  2.91 =     $1,285

────────────────────────────────────────────────────
Month total                                   $1,749

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/122104 is the state's own key, not one this site invented.