PETTY, O. S.

Operated by WHITE OAK OPERATING COMPANY LLC (P-5 916954) in the CATARINA, SW. (OLMOS N-3 STRAY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 130356District 01Field 16340610CondensateGasSaveExport
Value, all time
$694 k
Jan 1993 – Jun 2017
Value, last 12 filed months
$0
at the published price for each month
Months reported
294
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 6 leases and 6 wells, and the rule below applies to all of them.

Discovered
1987-12-13
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 02/01/98.

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
CondensateDisposition1,589 bbl$45,900
GasProduction276,169 Mcf$647,663
Total$693,563

115,674 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 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 2016411526.472.06$343
Jan 2016737127.352.36$1,069
Dec 2015222732.362.00$519
Nov 20151017638.792.17$769
Oct 2015058843.552.43$1,427
Sep 2015976242.992.76$2,489
Aug 2015783640.162.87$2,683
Jul 2015772348.152.95$2,466
Jun 20151063256.152.88$2,383
May 2015364455.212.96$2,069
Apr 2015330949.822.71$986
Mar 2015427942.892.93$990
Feb 2015737144.662.98$1,417
Jan 2015030243.433.10$936
Dec 201402154.693.59$75
Nov 201406270.464.25$264
Oct 2014329678.303.90$1,390
Sep 2014329286.164.05$1,440
Aug 2014633289.394.04$1,876
Jul 2014333696.564.18$1,694
Jun 2014324298.164.74$1,441
May 2014330094.734.73$1,702
Apr 2014732895.944.81$2,249
Mar 2014740695.895.06$2,724
Feb 20141238697.406.19$3,559
Jan 2014544490.404.86$2,610
Dec 2013457291.824.35$2,858
Nov 2013549488.853.74$2,291
Oct 2013043797.423.78$1,652
Sep 20136624104.113.72$2,945
Aug 20130586104.253.52$2,064
Jul 20135632102.523.72$2,862
Jun 2013061994.403.93$2,435
May 20131170094.834.15$3,947
Apr 2013067293.964.28$2,878
Mar 2013564993.623.91$3,008
Feb 2013659891.233.42$2,592
Jan 20131273291.603.42$3,603
Dec 2012667986.773.42$2,843
Nov 2012372986.953.62$2,903
Oct 2012395289.383.40$3,505
Sep 2012049094.672.92$1,430
Aug 2012047492.662.91$1,378
Jul 2012044585.133.02$1,344
Jun 2012039079.822.52$982
May 2012043891.612.49$1,090
Apr 20120530101.652.00$1,058
Mar 20120552105.052.22$1,227
Feb 20120240101.102.57$617
Jan 2012024098.092.73$656
Dec 2011024896.873.24$803
Nov 2011024095.723.31$795
Oct 2011021384.983.65$777
Sep 2011051083.623.99$2,033
Aug 2011030383.404.15$1,257
Jul 2011048094.144.52$2,168
Jun 2011059692.904.64$2,765
May 2011038098.134.40$1,674
Apr 20110292105.964.33$1,265
Mar 2011018296.364.06$738
Feb 2011017585.644.18$732
Jan 2011021386.504.59$977
Dec 2010128485.734.35$1,320
Nov 2010030180.843.80$1,142
Oct 2010030978.103.51$1,084
Sep 2010019772.633.98$784
Aug 2010022473.684.42$990
Jul 2010030772.554.74$1,454
Jun 2010117370.364.91$920
May 2010014671.124.24$618
Apr 2010030081.694.12$1,237
Mar 2010038678.394.39$1,694
Feb 2010033673.585.44$1,829
Jan 2010033374.365.96$1,986
Dec 2009024971.445.48$1,365
Nov 2009031874.593.75$1,193
Oct 2009024172.544.11$991
Sep 2009022165.543.06$677
Aug 2009021967.423.22$705
Jul 2009023461.133.46$811
Jun 2009021766.163.90$845
May 2009021054.743.93$824
Apr 2009019746.773.59$707
Mar 2009021042.144.06$852
Feb 2009019032.814.63$880
Jan 2009019335.865.37$1,037
Dec 2008024737.105.98$1,476
Nov 2008033855.496.86$2,319
Oct 2008024175.246.92$1,668
Sep 20080253101.767.88$1,993
Aug 20080262114.228.48$2,223
Jul 20080297131.0811.39$3,383
Jun 20080351131.3313.03$4,574
May 20080359123.1711.57$4,155
Apr 20080286110.3110.45$2,990
Mar 20080256101.909.66$2,474
Feb 2008028592.538.77$2,500
Jan 2008032990.388.21$2,700
Dec 2007026188.337.30$1,906
Nov 2007030591.677.29$2,224
Oct 2007035582.856.92$2,457
Sep 2007039075.846.24$2,435
Aug 2007042669.066.39$2,721
Jul 2007039870.906.39$2,542
Jun 2007037562.007.55$2,831
May 2007036158.747.85$2,833
Apr 2007044159.617.81$3,442
Mar 2007036756.927.30$2,680
Feb 2007030355.108.22$2,489
Jan 2007031350.306.73$2,106
Dec 2006051056.656.92$3,528
Nov 2006043754.207.62$3,329
Oct 2006050254.906.01$3,019
Sep 2006044260.085.04$2,226
Aug 2006038168.717.34$2,797
Jul 2006045169.376.34$2,861
Jun 2006040666.286.38$2,592
May 2006037766.016.42$2,422
Apr 2006042764.397.36$3,143
Mar 2006040456.707.08$2,862
Feb 2006043657.597.75$3,379
Jan 2006051660.598.93$4,610
Dec 2005050054.9413.42$6,708
Nov 2005057154.6910.59$6,046
Oct 2005054558.3413.80$7,519
Sep 2005053261.4512.08$6,426
Aug 2005047461.519.80$4,644
Jul 2005060655.697.84$4,753
Jun 2005039052.337.38$2,879
May 2005060145.226.65$3,997
Apr 2005055949.207.36$4,115
Mar 2005075550.377.15$5,402
Feb 2005076045.226.31$4,797
Jan 200501,06543.166.32$6,733
Dec 2004075139.866.75$5,070
Nov 2004027845.286.33$1,760
Oct 2004040549.706.52$2,639
Sep 2004039843.245.28$2,103
Aug 2004050942.375.55$2,825
Jul 2004049538.286.08$3,012
Jun 2004054436.106.43$3,500
May 2004053937.486.49$3,501
Apr 2004048834.475.86$2,859
Mar 2004047134.365.53$2,605
Feb 2004049832.455.51$2,744
Jan 2004056332.036.30$3,547
Dec 2003047330.266.30$2,981
Nov 2003056328.804.60$2,587
Oct 2003063428.174.76$3,018
Sep 2003061426.314.75$2,916
Aug 2003058029.765.13$2,975
Jul 2003063829.415.17$3,299
Jun 2003158728.565.98$3,541
May 2003370926.595.97$4,314
Apr 20032556926.675.41$3,743
Mar 20031166631.146.10$4,403
Feb 20031138933.487.93$3,451
Jan 20031047130.315.58$2,932
Dec 20021545526.914.85$2,612
Nov 20021150624.664.14$2,365
Oct 20021054326.464.23$2,561
Sep 2002952827.443.64$2,166
Aug 2002954925.963.16$1,971
Jul 2002951024.583.06$1,783
Jun 2002954123.733.34$2,020
May 2002753024.663.58$2,072
Apr 20021053123.653.51$2,102
Mar 2002939422.003.10$1,420
Feb 20021344318.222.38$1,289
Jan 20021864217.172.38$1,834
Dec 20011654916.932.36$1,569
Nov 20011558018.072.41$1,666
Oct 20011666119.782.53$1,988
Sep 20011166324.262.25$1,759
Aug 20011476324.873.05$2,678
Jul 20011792023.933.20$3,348
Jun 20011896624.563.82$4,136
May 2001101,26825.524.31$5,717
Apr 20011051024.685.34$2,968
Mar 2001161,05424.545.38$6,059
Feb 2001211,22927.755.77$7,670
Jan 2001261,30527.478.40$11,675
Dec 2000361,46126.889.12$14,296
Nov 2000261,19032.215.66$7,570
Oct 2000281,39431.235.15$8,047
Sep 2000211,28531.875.19$7,334
Aug 2000341,60329.644.54$8,287
Jul 2000371,46128.534.09$7,031
Jun 2000211,36929.304.40$6,635
May 2000492,14027.263.68$9,210
Apr 2000502,64924.513.12$9,480
Mar 2000602,40928.422.86$8,594
Feb 2000371,81627.622.73$5,973
Jan 2000291,36125.272.48$4,109
Dec 1999291,80924.282.42$5,089
Nov 1999261,36923.192.43$3,935
Oct 1999231,61020.982.80$4,997
Sep 1999251,64821.752.62$4,860
Aug 1999261,54619.262.88$4,946
Jul 1999281,58217.892.37$4,254
Jun 1999211,48815.942.36$3,850
May 1999231,58915.792.32$4,051
Apr 1999211,61215.102.21$3,876
Mar 199931,79512.471.84$3,337
Feb 199921,2719.981.82$2,330
Jan 199941,68710.381.90$3,247
Dec 199831,5709.201.77$2,812
Nov 199841,60610.892.19$3,554
Oct 199841,52912.421.97$3,061
Sep 199841,53512.592.08$3,247
Aug 199841,58811.301.91$3,074
Jul 199831,62011.742.24$3,660
Jun 199811,54211.242.24$3,461
May 199821,66412.622.21$3,697
Apr 199821,52513.042.51$3,847
Mar 199821,58712.802.31$3,691
Feb 199821,45813.952.30$3,380
Jan 199831,79514.702.15$3,912
Dec 199731,75216.322.41$4,273
Nov 199731,87718.193.09$5,851
Oct 199731,71019.253.15$5,444
Sep 199721,80117.742.95$5,357
Aug 199741,81817.862.55$4,716
Jul 199751,63117.582.25$3,753
Jun 199751,29317.242.26$3,005
May 1997101,40418.972.31$3,431
Apr 199781,32117.882.08$2,894
Mar 199731,56818.951.94$3,097
Feb 199731,54120.492.21$3,461
Jan 199731,61723.483.54$5,794
Dec 199631,59623.32$70
Nov 199631,61321.97$66
Oct 199631,74823.31$70
Sep 199621,65422.22$44
Aug 199641,80220.26$81
Jul 199631,75619.55$59
Jun 199631,60618.73$56
May 199641,69319.43$78
Apr 199651,70621.51$108
Mar 199651,86119.38$97
Feb 199651,83316.98$85
Jan 199642,20217.07$68
Dec 199552,32817.19$86
Nov 199542,21116.00$64
Oct 199552,39815.43$77
Sep 199572,33316.18$113
Aug 199542,48115.92$64
Jul 1995112,47915.24$168
Jun 199572,47616.41$115
May 199572,58017.56$123
Apr 199582,30817.73$142
Mar 199592,45216.44$148
Feb 199542,23216.58$66
Jan 199532,56715.92$48
Dec 199452,45815.03$75
Nov 199462,48415.90$95
Oct 199442,61615.58$62
Sep 199432,53715.29$46
Aug 199432,66816.13$48
Jul 199442,71817.56$70
Jun 199452,68517.09$85
May 199452,70915.88$79
Apr 199472,49514.14$99
Mar 1994142,79312.46$174
Feb 1994122,41912.50$150
Jan 199492,85012.66$114
Dec 199372,89512.33$86
Nov 199383,01314.49$116
Oct 199362,78615.85$95
Sep 199352,76715.03$75
Aug 199352,87115.66$78
Jul 199352,87015.46$77
Jun 199372,83816.79$118
May 199372,92717.68$124
Apr 199382,82718.05$144
Mar 199372,87518.14$127
Feb 199352,70117.90$90
Jan 199362,95716.93$102

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             4 bbl  × $ 26.47 =       $106
Gas                  115 Mcf  × $  2.06 =       $237

────────────────────────────────────────────────────
Month total                                     $343

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/130356 is the state's own key, not one this site invented.