PETTY, O. S. A-2

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

Gas lease lease 138087District 01Field 16340801CondensateGasSaveExport
Value, all time
$1.4 M
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 15 leases and 22 wells, and the rule below applies to all of them.

Discovered
1981-09-04
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
CondensateDisposition13,804 bbl$314,263
GasProduction369,003 Mcf$1,079,839
Total$1,394,102

118,081 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 2016512626.472.06$392
Jan 20161146727.352.36$1,405
Dec 2015752932.362.00$1,285
Nov 20151645738.792.17$1,611
Oct 2015065743.552.43$1,594
Sep 2015670142.992.76$2,192
Aug 2015450540.162.87$1,611
Jul 2015442748.152.95$1,450
Jun 2015837956.152.88$1,542
May 2015537055.212.96$1,370
Apr 2015452049.822.71$1,607
Mar 2015338542.892.93$1,259
Feb 2015734944.662.98$1,351
Jan 2015032143.433.10$995
Dec 201402454.693.59$86
Nov 201404970.464.25$208
Oct 2014331278.303.90$1,452
Sep 2014330386.164.05$1,484
Aug 2014631389.394.04$1,799
Jul 2014330696.564.18$1,569
Jun 2014323398.164.74$1,398
May 2014331194.734.73$1,754
Apr 2014527295.944.81$1,788
Mar 2014630895.895.06$2,133
Feb 2014828297.406.19$2,525
Jan 2014330790.404.86$1,763
Dec 2013331791.824.35$1,656
Nov 2013331188.853.74$1,429
Oct 2013031097.423.78$1,172
Sep 20133313104.113.72$1,476
Aug 20130303104.253.52$1,067
Jul 20133331102.523.72$1,538
Jun 2013029894.403.93$1,172
May 2013634894.834.15$2,013
Apr 2013034493.964.28$1,473
Mar 2013333693.623.91$1,596
Feb 2013433591.233.42$1,511
Jan 2013847191.603.42$2,344
Dec 2012446086.773.42$1,920
Nov 2012247686.953.62$1,899
Oct 2012264789.383.40$2,378
Sep 2012035394.672.92$1,030
Aug 2012049192.662.91$1,428
Jul 2012046585.133.02$1,405
Jun 2012038379.822.52$965
May 2012043891.612.49$1,090
Apr 20120523101.652.00$1,044
Mar 20120540105.052.22$1,200
Feb 2012033101.102.57$85
Jan 201202398.092.73$63
Dec 201108596.873.24$275
Nov 201107795.723.31$255
Oct 201106984.983.65$252
Sep 2011057583.623.99$2,292
Aug 201107583.404.15$311
Jul 201103694.144.52$163
Jun 2011063792.904.64$2,956
May 201107898.134.40$344
Apr 20110108105.964.33$468
Mar 201105096.364.06$203
Feb 201107585.644.18$314
Jan 2011015286.504.59$697
Dec 2010010385.734.35$448
Nov 2010013580.843.80$512
Oct 2010010678.103.51$372
Sep 2010014872.633.98$589
Aug 201005573.684.42$243
Jul 2010018072.554.74$853
Jun 2010027870.364.91$1,365
May 2010023671.124.24$1,000
Apr 2010024681.694.12$1,014
Mar 2010027678.394.39$1,211
Feb 2010034073.585.44$1,850
Jan 2010039474.365.96$2,350
Dec 2009039571.445.48$2,166
Nov 2009041474.593.75$1,553
Oct 2009043972.544.11$1,804
Sep 2009020065.543.06$613
Aug 2009028567.423.22$917
Jul 2009037761.133.46$1,306
Jun 2009037066.163.90$1,441
May 2009055454.743.93$2,175
Apr 2009093846.773.59$3,365
Mar 2009486742.144.06$3,688
Feb 2009351532.814.63$2,484
Jan 2009770135.865.37$4,016
Dec 200821,01237.105.98$6,123
Nov 2008111,39755.496.86$10,194
Oct 2008281,32675.246.92$11,285
Sep 200833990101.767.88$11,156
Aug 2008271,860114.228.48$18,862
Jul 200828957131.0811.39$14,570
Jun 2008251,013131.3313.03$16,485
May 2008441,019123.1711.57$17,214
Apr 200833694110.3110.45$10,896
Mar 2008371,080101.909.66$14,208
Feb 2008401,20192.538.77$14,235
Jan 20085092390.388.21$12,093
Dec 2007361,12088.337.30$11,358
Nov 2007621,49091.677.29$16,548
Oct 20072995882.856.92$9,034
Sep 2007291,21975.846.24$9,811
Aug 200701,02269.066.39$6,528
Jul 200701,00270.906.39$6,401
Jun 200701,12762.007.55$8,507
May 200701,14358.747.85$8,968
Apr 200701,45659.617.81$11,364
Mar 200701,46256.927.30$10,675
Feb 2007085355.108.22$7,008
Jan 2007081050.306.73$5,449
Dec 2006094456.656.92$6,531
Nov 200601,20054.207.62$9,141
Oct 200602,11254.906.01$12,701
Sep 200602,13060.085.04$10,729
Aug 200602,45068.717.34$17,983
Jul 200602,52969.376.34$16,041
Jun 200602,62566.286.38$16,758
May 200603,27666.016.42$21,048
Apr 200603,26364.397.36$24,017
Mar 200602,18456.707.08$15,469
Feb 2006055357.597.75$4,286
Jan 2006064660.598.93$5,771
Dec 2005066254.9413.42$8,881
Nov 2005074454.6910.59$7,878
Oct 2005077558.3413.80$10,692
Sep 2005082761.4512.08$9,989
Aug 2005093161.519.80$9,121
Jul 2005081555.697.84$6,393
Jun 2005084052.337.38$6,200
May 2005085445.226.65$5,680
Apr 2005066149.207.36$4,865
Mar 2005075550.377.15$5,402
Feb 2005077145.226.31$4,866
Jan 2005092043.166.32$5,816
Dec 2004083339.866.75$5,624
Nov 2004078045.286.33$4,938
Oct 2004081949.706.52$5,336
Sep 2004075143.245.28$3,968
Aug 2004090242.375.55$5,007
Jul 2004087738.286.08$5,336
Jun 2004093436.106.43$6,008
May 2004078737.486.49$5,111
Apr 2004076634.475.86$4,488
Mar 2004078134.365.53$4,319
Feb 2004074132.455.51$4,083
Jan 2004066132.036.30$4,164
Dec 2003084030.266.30$5,293
Nov 2003088428.804.60$4,062
Oct 2003090028.174.76$4,284
Sep 2003086326.314.75$4,099
Aug 2003080629.765.13$4,135
Jul 2003073429.415.17$3,795
Jun 2003075828.565.98$4,535
May 2003078426.595.97$4,683
Apr 2003061726.675.41$3,336
Mar 2003079831.146.10$4,865
Feb 2003073333.487.93$5,810
Jan 2003075330.315.58$4,203
Dec 2002082226.914.85$3,990
Nov 2002076524.664.14$3,165
Oct 2002084826.464.23$3,586
Sep 2002079927.443.64$2,905
Aug 2002088025.963.16$2,784
Jul 2002088924.583.06$2,722
Jun 2002081223.733.34$2,711
May 2002080124.663.58$2,871
Apr 2002069723.653.51$2,448
Mar 2002068222.003.10$2,116
Feb 2002067818.222.38$1,611
Jan 2002063917.172.38$1,518
Dec 2001075216.932.36$1,778
Nov 2001074518.072.41$1,792
Oct 2001085119.782.53$2,152
Sep 2001078224.262.25$1,761
Aug 2001098024.873.05$2,992
Jul 2001081823.933.20$2,615
Jun 2001094124.563.82$3,599
May 2001089825.524.31$3,868
Apr 2001095424.685.34$5,090
Mar 2001095024.545.38$5,108
Feb 2001088327.755.77$5,092
Jan 200101,03627.478.40$8,701
Dec 200001,10526.889.12$10,080
Nov 200001,00432.215.66$5,681
Oct 200001,01031.235.15$5,197
Sep 2000097431.875.19$5,052
Aug 200001,07829.644.54$4,895
Jul 200021,05928.534.09$4,388
Jun 2000382529.304.40$3,716
May 20002294127.263.68$4,062
Apr 20001989324.513.12$3,248
Mar 20002782928.422.86$3,138
Feb 20002691327.622.73$3,207
Jan 20002490325.272.48$2,846
Dec 19992189324.282.42$2,674
Nov 19992491223.192.43$2,776
Oct 19992098320.982.80$3,176
Sep 1999241,03221.752.62$3,225
Aug 1999281,17819.262.88$3,927
Jul 1999301,18017.892.37$3,336
Jun 1999251,25515.942.36$3,363
May 1999291,34415.792.32$3,577
Apr 1999281,27415.102.21$3,236
Mar 1999431,40412.471.84$3,117
Feb 1999271,1239.981.82$2,311
Jan 1999341,07210.381.90$2,390
Dec 1998361,2009.201.77$2,459
Nov 1998401,05710.892.19$2,746
Oct 1998662,05612.421.97$4,868
Sep 1998802,59412.592.08$6,410
Aug 1998702,74711.301.91$6,030
Jul 1998842,93711.742.24$7,557
Jun 1998482,27611.242.24$5,632
May 19981262,73212.622.21$7,618
Apr 19981523,67013.042.51$11,177
Mar 19982314,58412.802.31$13,543
Feb 19982234,50913.952.30$13,478
Jan 19982614,92914.702.15$14,458
Dec 19972974,42016.322.41$15,504
Nov 19973555,15018.193.09$22,362
Oct 19973645,51219.253.15$24,369
Sep 19972785,14817.742.95$20,143
Aug 19973805,87317.862.55$21,791
Jul 19973865,71817.582.25$19,634
Jun 19972524,84117.242.26$15,272
May 19974455,11318.972.31$20,245
Apr 19974165,19717.882.08$18,262
Mar 19974634,67118.951.94$17,832
Feb 19974104,79120.492.21$18,969
Jan 19973805,77723.483.54$29,371
Dec 19966336,30023.32$14,762
Nov 19965146,30221.97$11,293
Oct 19967656,45823.31$17,832
Sep 19966926,37622.22$15,376
Aug 19969186,54820.26$18,599
Jul 19966716,81119.55$13,118
Jun 19967376,91518.73$13,804
May 19965676,67919.43$11,017
Apr 19965305,92221.51$11,400
Mar 19964495,31519.38$8,702
Feb 19963375,42516.98$5,722
Jan 199602,48217.07$0
Dec 199501,04417.19$0
Nov 199501,03016.00$0
Oct 199501,16015.43$0
Sep 199501,12216.18$0
Aug 199501,15915.92$0
Jul 199501,17715.24$0
Jun 199501,16216.41$0
May 199501,20917.56$0
Apr 199501,16217.73$0
Mar 199501,22516.44$0
Feb 199501,08516.58$0
Jan 199501,23515.92$0
Dec 199401,24815.03$0
Nov 199401,27215.90$0
Oct 199401,32015.58$0
Sep 199401,28015.29$0
Aug 199401,33216.13$0
Jul 199401,33817.56$0
Jun 199401,35217.09$0
May 199401,36515.88$0
Apr 199401,21714.14$0
Mar 199401,34012.46$0
Feb 199401,20612.50$0
Jan 199401,42612.66$0
Dec 199301,63812.33$0
Nov 199301,33014.49$0
Oct 199301,39615.85$0
Sep 199301,34615.03$0
Aug 199301,40515.66$0
Jul 199301,44715.46$0
Jun 199301,40516.79$0
May 199301,44617.68$0
Apr 199301,38618.05$0
Mar 199301,40718.14$0
Feb 199301,33917.90$0
Jan 199301,53716.93$0

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             5 bbl  × $ 26.47 =       $132
Gas                  126 Mcf  × $  2.06 =       $260

────────────────────────────────────────────────────
Month total                                     $392

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/138087 is the state's own key, not one this site invented.