PETTY "A-1"

Operated by ROSETTA RESOURCES OPERATING LP (P-5 728883) in the CATARINA, SW. (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 127033District 01Field 16340500CondensateGasSaveExport
Value, all time
$610 k
Jan 1993 – May 2013
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
245
no gaps in the span
Streams
2
condensate, 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 213 leases and 214 wells, and the rule below applies to all of them.

Discovered
1973-12-28
as the register files it
Field class
Oil and 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 Commission's schedule remark for this field reads: OPTIONAL 80 ACRE UNIT MAX DIAG 4000

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
CondensateDisposition2,037 bbl$47,510
GasProduction147,082 Mcf$561,997
Total$609,507

19,071 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 20130094.834.15$0
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 2012537792.662.91$1,560
Jul 2012245985.133.02$1,557
Jun 2012441879.822.52$1,372
May 2012441091.612.49$1,387
Apr 20120526101.652.00$1,050
Mar 20123535105.052.22$1,504
Feb 2012389101.102.57$532
Jan 2012114498.092.73$492
Dec 2011021896.873.24$706
Nov 2011311895.723.31$678
Oct 201179984.983.65$956
Sep 2011249983.623.99$2,156
Aug 2011326083.404.15$1,329
Jul 2011531194.144.52$1,876
Jun 2011453492.904.64$2,849
May 2011024798.134.40$1,088
Apr 20110301105.964.33$1,304
Mar 2011022496.364.06$909
Feb 2011020585.644.18$857
Jan 2011018286.504.59$835
Dec 2010022785.734.35$987
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 2010026370.364.91$1,291
May 2010018971.124.24$800
Apr 201002281.694.12$91
Mar 2010011278.394.39$492
Feb 201006673.585.44$359
Jan 2010021574.365.96$1,282
Dec 2009012371.445.48$675
Nov 200907674.593.75$285
Oct 200909972.544.11$407
Sep 2009012165.543.06$371
Aug 2009014767.423.22$473
Jul 2009010061.133.46$346
Jun 2009018566.163.90$721
May 2009022254.743.93$872
Apr 2009022146.773.59$793
Mar 2009022242.144.06$901
Feb 2009016032.814.63$741
Jan 2009020635.865.37$1,106
Dec 2008037437.105.98$2,235
Nov 2008043055.496.86$2,950
Oct 2008029075.246.92$2,007
Sep 20080270101.767.88$2,127
Aug 20080269114.228.48$2,282
Jul 20080284131.0811.39$3,235
Jun 20080326131.3313.03$4,249
May 20080306123.1711.57$3,542
Apr 20080324110.3110.45$3,387
Mar 20080281101.909.66$2,716
Feb 2008035892.538.77$3,140
Jan 2008036990.388.21$3,028
Dec 2007036488.337.30$2,658
Nov 2007037291.677.29$2,713
Oct 2007046282.856.92$3,198
Sep 2007039275.846.24$2,448
Aug 2007047269.066.39$3,015
Jul 2007047270.906.39$3,015
Jun 2007032662.007.55$2,461
May 2007045458.747.85$3,562
Apr 2007034659.617.81$2,701
Mar 2007035756.927.30$2,607
Feb 2007046555.108.22$3,820
Jan 2007059350.306.73$3,989
Dec 2006075656.656.92$5,230
Nov 2006067154.207.62$5,111
Oct 2006083054.906.01$4,991
Sep 2006048860.085.04$2,458
Aug 2006059768.717.34$4,382
Jul 2006080669.376.34$5,112
Jun 2006080766.286.38$5,152
May 2006084066.016.42$5,397
Apr 2006074964.397.36$5,513
Mar 2006080256.707.08$5,681
Feb 2006074657.597.75$5,782
Jan 2006071060.598.93$6,343
Dec 2005053454.9413.42$7,164
Nov 2005034954.6910.59$3,695
Oct 2005051158.3413.80$7,050
Sep 2005087761.4512.08$10,593
Aug 2005034561.519.80$3,380
Jul 2005080555.697.84$6,314
Jun 2005067052.337.38$4,945
May 2005170045.226.65$4,701
Apr 2005046449.207.36$3,415
Mar 2005062750.377.15$4,486
Feb 2005071145.226.31$4,488
Jan 2005057843.166.32$3,654
Dec 2004046839.866.75$3,160
Nov 2004047245.286.33$2,988
Oct 2004041449.706.52$2,697
Sep 2004127743.245.28$1,507
Aug 2004040142.375.55$2,226
Jul 2004055238.286.08$3,358
Jun 2004060336.106.43$3,879
May 2004064737.486.49$4,202
Apr 2004061434.475.86$3,597
Mar 2004072734.365.53$4,020
Feb 2004363632.455.51$3,601
Jan 2004064532.036.30$4,063
Dec 2003067830.266.30$4,273
Nov 2003070128.804.60$3,221
Oct 2003092728.174.76$4,412
Sep 2003068826.314.75$3,268
Aug 2003073729.765.13$3,781
Jul 2003087229.415.17$4,509
Jun 2003061928.565.98$3,703
May 2003767626.595.97$4,224
Apr 2003067526.675.41$3,650
Mar 2003066531.146.10$4,054
Feb 20031668633.487.93$5,973
Jan 2003069230.315.58$3,863
Dec 20023077326.914.85$4,559
Nov 2002085424.664.14$3,533
Oct 20023381226.464.23$4,307
Sep 20022775627.443.64$3,489
Aug 2002058025.963.16$1,835
Jul 20021858724.583.06$2,240
Jun 2002041723.733.34$1,392
May 20021567424.663.58$2,786
Apr 20021562723.653.51$2,557
Mar 2002065822.003.10$2,042
Feb 20021352518.222.38$1,484
Jan 2002066017.172.38$1,568
Dec 20011165516.932.36$1,735
Nov 20012067718.072.41$1,990
Oct 20012066219.782.53$2,070
Sep 20011276024.262.25$2,002
Aug 20012894524.873.05$3,582
Jul 20012793023.933.20$3,619
Jun 20014894324.563.82$4,785
May 20016397825.524.31$5,820
Apr 20016296424.685.34$6,673
Mar 2001661,01324.545.38$7,066
Feb 200101,00127.755.77$5,773
Jan 200101,12627.478.40$9,457
Dec 2000621,19826.889.12$12,595
Nov 2000591,15332.215.66$8,424
Oct 200001,34031.235.15$6,895
Sep 2000541,23731.875.19$8,137
Aug 2000491,40029.644.54$7,809
Jul 2000511,33828.534.09$6,927
Jun 2000401,89529.304.40$9,505
May 2000431,98227.263.68$8,465
Apr 20001441,93224.513.12$9,550
Mar 2000682,11528.422.86$7,981
Feb 200001,54827.622.73$4,221
Jan 2000511,14125.272.48$4,119
Dec 1999551,58724.282.42$5,182
Nov 199901,55623.192.43$3,787
Oct 1999571,36320.982.80$5,017
Sep 199901,52921.752.62$4,004
Aug 1999721,70719.262.88$6,295
Jul 199901,97617.892.37$4,688
Jun 19991051,84015.942.36$6,020
May 19991041,72615.792.32$5,648
Apr 1999981,71515.102.21$5,267
Mar 199901,99312.471.84$3,664
Feb 1999912,0639.981.82$4,658
Jan 199902,41410.381.90$4,586
Dec 1998492,4999.201.77$4,882
Nov 1998592,73810.892.19$6,627
Oct 199803,09412.421.97$6,093
Sep 1998532,68912.592.08$6,267
Aug 199802,45111.301.91$4,675
Jul 1998033511.742.24$749
Jun 19981332411.242.24$871
May 1998031712.622.21$699
Apr 19981531813.042.51$992
Mar 1998037012.802.31$854
Feb 19981134913.952.30$956
Jan 19981131914.702.15$849
Dec 1997732216.322.41$891
Nov 1997028418.193.09$877
Oct 1997035019.253.15$1,102
Sep 1997637917.742.95$1,226
Aug 1997037917.862.55$968
Jul 19971044717.582.25$1,180
Jun 1997137617.242.26$866
May 1997134618.972.31$818
Apr 1997140417.882.08$859
Mar 1997252818.951.94$1,062
Feb 1997044020.492.21$971
Jan 1997249523.483.54$1,799
Dec 1996256723.32$47
Nov 1996471821.97$88
Oct 199601,08723.31$0
Sep 199601,01822.22$0
Aug 1996030220.26$0
Jul 1996038719.55$0
Jun 1996048118.73$0
May 199601,10619.43$0
Apr 1996035221.51$0
Mar 1996033419.38$0
Feb 1996015716.98$0
Jan 1996024217.07$0
Dec 1995020517.19$0
Nov 1995020116.00$0
Oct 1995019915.43$0
Sep 1995019616.18$0
Aug 1995015815.92$0
Jul 1995023615.24$0
Jun 1995022816.41$0
May 1995027217.56$0
Apr 1995025317.73$0
Mar 1995029516.44$0
Feb 1995022316.58$0
Jan 1995025515.92$0
Dec 1994027015.03$0
Nov 1994030315.90$0
Oct 1994029815.58$0
Sep 1994039815.29$0
Aug 1994035616.13$0
Jul 1994039117.56$0
Jun 1994031317.09$0
May 1994032415.88$0
Apr 1994030214.14$0
Mar 1994039012.46$0
Feb 1994037112.50$0
Jan 1994041912.66$0
Dec 1993042012.33$0
Nov 1993040914.49$0
Oct 1993042515.85$0
Sep 1993044315.03$0
Aug 1993047115.66$0
Jul 1993037015.46$0
Jun 1993040716.79$0
May 1993043017.68$0
Apr 1993142518.05$18
Mar 1993164118.14$18
Feb 1993054317.90$0
Jan 1993348016.93$51

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                  377 Mcf  × $  2.91 =     $1,096

────────────────────────────────────────────────────
Month total                                   $1,560

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/127033 is the state's own key, not one this site invented.