PETTY RANCH

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 163106District 01Field 16340900CondensateGasSaveExport
Value, all time
$1.7 M
May 1997 – Jul 2017
Value, last 12 filed months
$0
at the published price for each month
Months reported
243
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 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.

StreamBasisVolumeValue
CondensateDisposition7,545 bbl$131,317
GasProduction523,376 Mcf$1,566,264
Total$1,697,581

Every month this lease reported (243)

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

243 months

Jul 20170043.873.09$0
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 20161045.352.69$45
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 201603226.472.06$66
Jan 2016013227.352.36$312
Dec 2015018332.362.00$366
Nov 2015016138.792.17$349
Oct 2015011343.552.43$274
Sep 2015012142.992.76$334
Aug 2015014840.162.87$425
Jul 2015013948.152.95$409
Jun 2015015056.152.88$432
May 2015014255.212.96$420
Apr 2015020749.822.71$560
Mar 2015017642.892.93$517
Feb 2015023744.662.98$705
Jan 2015032343.433.10$1,002
Dec 201401354.693.59$47
Nov 201402670.464.25$111
Oct 2014023878.303.90$928
Sep 2014031086.164.05$1,254
Aug 20141730789.394.04$2,758
Jul 2014030296.564.18$1,262
Jun 2014026598.164.74$1,255
May 2014036694.734.73$1,730
Apr 2014037295.944.81$1,789
Mar 2014030295.895.06$1,527
Feb 2014030397.406.19$1,876
Jan 2014032890.404.86$1,594
Dec 2013031991.824.35$1,389
Nov 2013029188.853.74$1,088
Oct 2013046397.423.78$1,750
Sep 20130360104.113.72$1,338
Aug 20130326104.253.52$1,148
Jul 20130350102.523.72$1,301
Jun 2013040294.403.93$1,581
May 2013050394.834.15$2,087
Apr 2013038093.964.28$1,627
Mar 2013075593.623.91$2,954
Feb 2013076391.233.42$2,609
Jan 2013094491.603.42$3,228
Dec 2012082686.773.42$2,825
Nov 2012195486.953.62$3,545
Oct 2012193589.383.40$3,268
Sep 2012152994.672.92$1,639
Aug 2012542092.662.91$1,685
Jul 2012346585.133.02$1,660
Jun 2012540679.822.52$1,422
May 2012541591.612.49$1,491
Apr 20120532101.652.00$1,062
Mar 20126531105.052.22$1,810
Feb 20126272101.102.57$1,306
Jan 2012322698.092.73$912
Dec 2011025596.873.24$826
Nov 2011629095.723.31$1,535
Oct 2011831284.983.65$1,818
Sep 2011353483.623.99$2,379
Aug 2011332283.404.15$1,586
Jul 2011531594.144.52$1,894
Jun 2011558392.904.64$3,170
May 2011031598.134.40$1,388
Apr 20110198105.964.33$858
Mar 2011014696.364.06$592
Feb 2011015085.644.18$627
Jan 2011015386.504.59$702
Dec 2010015885.734.35$687
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 2010019174.365.96$1,139
Dec 200908271.445.48$450
Nov 200905174.593.75$191
Oct 200906572.544.11$267
Sep 200909765.543.06$297
Aug 2009014367.423.22$460
Jul 2009012661.133.46$437
Jun 2009016366.163.90$635
May 2009010354.743.93$404
Apr 2009010046.773.59$359
Mar 2009010742.144.06$434
Feb 200908332.814.63$385
Jan 200909535.865.37$510
Dec 200808137.105.98$484
Nov 2008011155.496.86$762
Oct 2008017275.246.92$1,191
Sep 20080189101.767.88$1,489
Aug 20080368114.228.48$3,122
Jul 20080678131.0811.39$7,722
Jun 20080468131.3313.03$6,099
May 20080223123.1711.57$2,581
Apr 20080235110.3110.45$2,457
Mar 20080273101.909.66$2,638
Feb 2008032692.538.77$2,859
Jan 2008042990.388.21$3,520
Dec 2007044488.337.30$3,242
Nov 2007047791.677.29$3,478
Oct 2007047182.856.92$3,260
Sep 2007043275.846.24$2,697
Aug 2007049269.066.39$3,143
Jul 2007053870.906.39$3,437
Jun 2007034062.007.55$2,566
May 2007044858.747.85$3,515
Apr 2007035059.617.81$2,732
Mar 2007037456.927.30$2,731
Feb 2007040955.108.22$3,360
Jan 2007044550.306.73$2,993
Dec 2006061856.656.92$4,276
Nov 2006060954.207.62$4,639
Oct 2006067154.906.01$4,035
Sep 2006035460.085.04$1,783
Aug 2006039868.717.34$2,921
Jul 2006072669.376.34$4,605
Jun 2006065766.286.38$4,194
May 2006078666.016.42$5,050
Apr 2006086864.397.36$6,389
Mar 200601,02156.707.08$7,232
Feb 2006043057.597.75$3,333
Jan 2006050660.598.93$4,520
Dec 2005053354.9413.42$7,150
Nov 2005031254.6910.59$3,304
Oct 2005026558.3413.80$3,656
Sep 2005024761.4512.08$2,984
Aug 2005010161.519.80$989
Jul 2005021155.697.84$1,655
Jun 2005024552.337.38$1,808
May 2005019745.226.65$1,310
Apr 2005014249.207.36$1,045
Mar 2005016050.377.15$1,145
Feb 2005035045.226.31$2,209
Jan 2005063043.166.32$3,983
Dec 2004056939.866.75$3,841
Nov 2004028045.286.33$1,773
Oct 2004021449.706.52$1,394
Sep 2004017643.245.28$930
Aug 2004012842.375.55$710
Jul 2004022538.286.08$1,369
Jun 2004056836.106.43$3,654
May 200401,24237.486.49$8,066
Apr 2004080934.475.86$4,739
Mar 200401,00134.365.53$5,536
Feb 2004087032.455.51$4,793
Jan 2004089032.036.30$5,607
Dec 2003075430.266.30$4,751
Nov 200301,13228.804.60$5,202
Oct 2003090028.174.76$4,284
Sep 2003039526.314.75$1,876
Aug 2003097929.765.13$5,022
Jul 2003083029.415.17$4,292
Jun 2003070728.565.98$4,230
May 2003076126.595.97$4,545
Apr 2003064826.675.41$3,504
Mar 200301,03031.146.10$6,279
Feb 2003092633.487.93$7,339
Jan 200301,03930.315.58$5,800
Dec 2002094726.914.85$4,597
Nov 200201,06424.664.14$4,402
Oct 200201,03926.464.23$4,394
Sep 200201,04227.443.64$3,788
Aug 200201,23325.963.16$3,901
Jul 200201,17924.583.06$3,610
Jun 200201,05423.733.34$3,519
May 200201,12424.663.58$4,028
Apr 200201,18223.653.51$4,152
Mar 200201,18522.003.10$3,677
Feb 2002077118.222.38$1,832
Jan 2002091717.172.38$2,179
Dec 2001079216.932.36$1,873
Nov 2001087818.072.41$2,112
Oct 200101,11519.782.53$2,820
Sep 200101,07424.262.25$2,418
Aug 200101,58024.873.05$4,824
Jul 200101,29623.933.20$4,143
Jun 200111,11024.563.82$4,269
May 200111,61025.524.31$6,960
Apr 200141,76224.685.34$9,500
Mar 200152,01824.545.38$10,972
Feb 200101,34227.755.77$7,739
Jan 200101,61627.478.40$13,572
Dec 2000241,78226.889.12$16,901
Nov 2000241,58032.215.66$9,713
Oct 200002,00331.235.15$10,306
Sep 20001698431.875.19$5,613
Aug 2000181,60229.644.54$7,808
Jul 2000181,40428.534.09$6,256
Jun 2000152,57429.304.40$11,758
May 2000183,16327.263.68$12,130
Apr 2000472,62824.513.12$9,341
Mar 2000192,36228.422.86$7,295
Feb 200001,55527.622.73$4,240
Jan 2000191,14125.272.48$3,310
Dec 1999221,89024.282.42$5,115
Nov 199901,67123.192.43$4,067
Oct 1999171,50020.982.80$4,562
Sep 1999161,94121.752.62$5,431
Aug 1999262,09319.262.88$6,519
Jul 1999292,18717.892.37$5,707
Jun 1999252,52815.942.36$6,370
May 1999393,47915.792.32$8,691
Apr 1999474,37115.102.21$10,361
Mar 1999715,09312.471.84$10,248
Feb 1999433,1089.981.82$6,079
Jan 1999714,63110.381.90$9,536
Dec 1998754,9799.201.77$9,519
Nov 1998985,42810.892.19$12,931
Oct 19981257,24012.421.97$15,810
Sep 19981337,55012.592.08$17,398
Aug 19981349,16411.301.91$18,993
Jul 199818811,23111.742.24$27,334
Jun 199814813,13411.242.24$31,048
May 199820715,09212.622.21$35,910
Apr 199819815,42313.042.51$41,222
Mar 199825316,07312.802.31$40,358
Feb 199826817,20213.952.30$43,288
Jan 199828516,00714.702.15$38,681
Dec 199740317,58316.322.41$48,971
Nov 199763725,15018.193.09$89,257
Oct 199773229,48019.253.15$106,948
Sep 199772336,76017.742.95$121,447
Aug 199793448,07417.862.55$139,498
Jul 199777842,85517.582.25$109,970
Jun 199728123,30217.242.26$57,442
May 199722615,01418.972.31$38,947

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.

Jun 2016 — as filed, then multipliedworked
Condensate             1 bbl  × $ 45.35 =        $45
Gas                    0 Mcf  × $  2.69 =         $0

────────────────────────────────────────────────────
Month total                                      $45

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/163106 is the state's own key, not one this site invented.