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 173844District 01Field 16340900CondensateGasSaveExport
Value, all time
$2.5 M
Apr 1999 – Jun 2017
Value, last 12 filed months
$0
at the published price for each month
Months reported
219
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
CondensateDisposition1,715 bbl$101,548
GasProduction496,087 Mcf$2,367,511
Total$2,469,060

Every month this lease reported (219)

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

219 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 2016715226.472.06$499
Jan 20161762827.352.36$1,950
Dec 20151088032.362.00$2,085
Nov 20152182038.792.17$2,592
Oct 2015074343.552.43$1,803
Sep 2015978842.992.76$2,561
Aug 2015980640.162.87$2,677
Jul 2015989548.152.95$3,069
Jun 20151990456.152.88$3,673
May 20151189655.212.96$3,255
Apr 2015111,06049.822.71$3,417
Mar 2015121,07542.892.93$3,669
Feb 2015191,20844.662.98$4,444
Jan 2015032543.433.10$1,008
Dec 201401754.693.59$61
Nov 2014015570.464.25$659
Oct 2014879078.303.90$3,708
Sep 2014770086.164.05$3,435
Aug 20141474389.394.04$4,250
Jul 2014875596.564.18$3,928
Jun 2014769698.164.74$3,984
May 2014883494.734.73$4,700
Apr 20141686695.944.81$5,700
Mar 20141482295.895.06$5,499
Feb 20142062397.406.19$5,806
Jan 2014876190.404.86$4,422
Dec 2013883591.824.35$4,371
Nov 2013993888.853.74$4,306
Oct 2013086597.423.78$3,269
Sep 20138931104.113.72$4,294
Aug 20130939104.253.52$3,308
Jul 20138933102.523.72$4,289
Jun 2013096194.403.93$3,780
May 2013161,01694.834.15$5,733
Apr 2013097693.964.28$4,180
Mar 2013891493.623.91$4,325
Feb 2013887391.233.42$3,715
Jan 20131492491.603.42$4,442
Dec 2012984186.773.42$3,657
Nov 201291,04086.953.62$4,553
Oct 201281,05689.383.40$4,305
Sep 2012061894.672.92$1,804
Aug 2012641692.662.91$1,766
Jul 2012346885.133.02$1,669
Jun 2012641679.822.52$1,527
May 2012744091.612.49$1,736
Apr 20120542101.652.00$1,082
Mar 201215554105.052.22$2,807
Feb 201212656101.102.57$2,899
Jan 2012671998.092.73$2,554
Dec 2011048096.873.24$1,555
Nov 20111161595.723.31$3,089
Oct 20111163284.983.65$3,241
Sep 2011654883.623.99$2,686
Aug 2011664083.404.15$3,156
Jul 20111165294.144.52$3,981
Jun 20111168892.904.64$4,214
May 2011078598.134.40$3,458
Apr 20110652105.964.33$2,825
Mar 2011055096.364.06$2,232
Feb 2011047085.644.18$1,965
Jan 2011068386.504.59$3,134
Dec 2010078885.734.35$3,426
Nov 2010093980.843.80$3,564
Oct 201001,17778.103.51$4,130
Sep 201001,01672.633.98$4,043
Aug 201001,27273.684.42$5,621
Jul 2010092472.554.74$4,377
Jun 2010017770.364.91$869
May 2010014971.124.24$631
Apr 2010065281.694.12$2,688
Mar 201001,09278.394.39$4,792
Feb 2010490673.585.44$5,225
Jan 201041,10374.365.96$6,876
Dec 2009171,03971.445.48$6,912
Nov 200961,14474.593.75$4,739
Oct 200901,16472.544.11$4,784
Sep 200901,37265.543.06$4,205
Aug 200901,46867.423.22$4,725
Jul 200901,44661.133.46$5,010
Jun 200901,30766.163.90$5,091
May 200901,29354.743.93$5,076
Apr 200911895746.773.59$8,952
Mar 200935195442.144.06$18,663
Feb 200911891832.814.63$8,125
Jan 200917895535.865.37$11,512
Dec 200810084337.105.98$8,749
Nov 20081401,21655.496.86$16,111
Oct 2008381,14175.246.92$10,757
Sep 200828963101.767.88$10,435
Aug 2008221,300114.228.48$13,541
Jul 2008221,683131.0811.39$22,052
Jun 2008191,226131.3313.03$18,473
May 2008111,511123.1711.57$18,844
Apr 200891,656110.3110.45$18,306
Mar 200801,409101.909.66$13,617
Feb 200881,50192.538.77$13,905
Jan 2008121,66590.388.21$14,747
Dec 200781,58488.337.30$12,273
Nov 2007101,48691.677.29$11,752
Oct 200761,56182.856.92$11,302
Sep 200761,56875.846.24$10,246
Aug 200701,69569.066.39$10,828
Jul 200701,70470.906.39$10,885
Jun 200701,51362.007.55$11,421
May 200701,42658.747.85$11,189
Apr 200701,67859.617.81$13,097
Mar 200701,84456.927.30$13,465
Feb 200701,76555.108.22$14,501
Jan 200701,52850.306.73$10,279
Dec 200601,97756.656.92$13,678
Nov 200601,26454.207.62$9,628
Oct 200601,88554.906.01$11,336
Sep 200602,42660.085.04$12,220
Aug 200601,88168.717.34$13,806
Jul 200601,99669.376.34$12,660
Jun 200601,77566.286.38$11,331
May 200602,06366.016.42$13,255
Apr 200601,32764.397.36$9,767
Mar 200601,48256.707.08$10,497
Feb 200601,70857.597.75$13,239
Jan 200601,79560.598.93$16,035
Dec 200502,16754.9413.42$29,071
Nov 200502,19254.6910.59$23,210
Oct 200502,40458.3413.80$33,165
Sep 200502,19461.4512.08$26,501
Aug 200502,53661.519.80$24,845
Jul 200502,39355.697.84$18,770
Jun 200502,30552.337.38$17,013
May 200502,67745.226.65$17,805
Apr 200502,18049.207.36$16,046
Mar 200502,33750.377.15$16,721
Feb 200502,30945.226.31$14,574
Jan 200502,87243.166.32$18,157
Dec 200402,31939.866.75$15,656
Nov 200402,38345.286.33$15,085
Oct 200402,42549.706.52$15,799
Sep 200402,28443.245.28$12,068
Aug 200402,32642.375.55$12,911
Jul 200402,16038.286.08$13,142
Jun 200402,55436.106.43$16,430
May 200402,47837.486.49$16,094
Apr 200402,58734.475.86$15,156
Mar 200402,88134.365.53$15,932
Feb 200402,84032.455.51$15,647
Jan 200403,28332.036.30$20,682
Dec 200303,06830.266.30$19,333
Nov 200302,85628.804.60$13,124
Oct 200303,06628.174.76$14,593
Sep 200303,23326.314.75$15,355
Aug 200303,33229.765.13$17,092
Jul 200303,29329.415.17$17,028
Jun 200303,39428.565.98$20,306
May 200303,11226.595.97$18,587
Apr 200303,05626.675.41$16,525
Mar 200303,79431.146.10$23,128
Feb 200303,17333.487.93$25,149
Jan 200303,68530.315.58$20,570
Dec 200203,87626.914.85$18,813
Nov 200203,71824.664.14$15,381
Oct 200203,90326.464.23$16,506
Sep 200203,95327.443.64$14,370
Aug 200204,43325.963.16$14,027
Jul 200204,54224.583.06$13,907
Jun 200204,64523.733.34$15,506
May 200203,56824.663.58$12,788
Apr 200204,06823.653.51$14,288
Mar 200203,97422.003.10$12,330
Feb 200203,90018.222.38$9,265
Jan 200204,05917.172.38$9,643
Dec 200104,94716.932.36$11,697
Nov 200104,66118.072.41$11,212
Oct 200105,34319.782.53$13,512
Sep 200105,54724.262.25$12,488
Aug 200106,13624.873.05$18,734
Jul 200105,33923.933.20$17,069
Jun 200105,95624.563.82$22,777
May 200106,26525.524.31$26,985
Apr 200106,53924.685.34$34,888
Mar 200107,20924.545.38$38,759
Feb 200106,23427.755.77$35,952
Jan 200106,88827.478.40$57,851
Dec 200007,10326.889.12$64,797
Nov 200006,70832.215.66$37,954
Oct 200006,71831.235.15$34,567
Sep 200006,70931.875.19$34,796
Aug 200007,12629.644.54$32,357
Jul 200007,74528.534.09$31,675
Jun 200005,50729.304.40$24,216
May 200006,62427.263.68$24,375
Apr 200007,10924.513.12$22,152
Mar 200007,41228.422.86$21,196
Feb 200006,79427.622.73$18,524
Jan 200007,26525.272.48$18,021
Dec 199906,90724.282.42$16,741
Nov 199907,35323.192.43$17,897
Oct 199907,75620.982.80$21,746
Sep 199908,41521.752.62$22,038
Aug 199908,98019.262.88$25,823
Jul 199909,12217.892.37$21,641
Jun 199909,16015.942.36$21,637
May 199908,93515.792.32$20,738
Apr 199902,32315.102.21$5,129

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             7 bbl  × $ 26.47 =       $185
Gas                  152 Mcf  × $  2.06 =       $314

────────────────────────────────────────────────────
Month total                                     $499

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/173844 is the state's own key, not one this site invented.