PETTY RANCH

Name: PETTY RANCH lease production and value, Oct 1999 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 174953District 01Field 16340900CondensateGasSave Export

Value, all time

$2.7 M

Oct 1999 – Jun 2017

Value, last 12 filed months

at the published price for each month

Months reported

213

no gaps in the span

Streams

condensate, gas

The CATARINA, SW. (SAN MIGUEL-GAS) field

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.

Stream	Basis	Volume	Value
Condensate	Disposition	8,999 bbl	$309,166
Gas	Production	472,589 Mcf	$2,342,675
Total			$2,651,841

Every month this lease reported (213)

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

213 months


Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	7	147	26.47	2.06	$489
Jan 2016	13	618	27.35	2.36	$1,817
Dec 2015	5	562	32.36	2.00	$1,287
Nov 2015	7	296	38.79	2.17	$913
Oct 2015	0	219	43.55	2.43	$531
Sep 2015	4	321	42.99	2.76	$1,057
Aug 2015	4	360	40.16	2.87	$1,195
Jul 2015	4	378	48.15	2.95	$1,306
Jun 2015	8	343	56.15	2.88	$1,438
May 2015	5	381	55.21	2.96	$1,402
Apr 2015	4	588	49.82	2.71	$1,791
Mar 2015	4	381	42.89	2.93	$1,290
Feb 2015	10	397	44.66	2.98	$1,628
Jan 2015	0	344	43.43	3.10	$1,067
Dec 2014	0	15	54.69	3.59	$54
Nov 2014	0	77	70.46	4.25	$327
Oct 2014	6	538	78.30	3.90	$2,569
Sep 2014	6	543	86.16	4.05	$2,714
Aug 2014	9	593	89.39	4.04	$3,197
Jul 2014	4	415	96.56	4.18	$2,121
Jun 2014	3	261	98.16	4.74	$1,531
May 2014	3	335	94.73	4.73	$1,868
Apr 2014	7	375	95.94	4.81	$2,475
Mar 2014	9	421	95.89	5.06	$2,992
Feb 2014	13	488	97.40	6.19	$4,288
Jan 2014	4	390	90.40	4.86	$2,257
Dec 2013	5	451	91.82	4.35	$2,423
Nov 2013	5	538	88.85	3.74	$2,455
Oct 2013	0	460	97.42	3.78	$1,739
Sep 2013	6	617	104.11	3.72	$2,919
Aug 2013	0	734	104.25	3.52	$2,586
Jul 2013	6	925	102.52	3.72	$4,054
Jun 2013	0	737	94.40	3.93	$2,899
May 2013	17	854	94.83	4.15	$5,155
Apr 2013	0	950	93.96	4.28	$4,068
Mar 2013	9	1,271	93.62	3.91	$5,816
Feb 2013	8	806	91.23	3.42	$3,486
Jan 2013	15	968	91.60	3.42	$4,684
Dec 2012	7	898	86.77	3.42	$3,679
Nov 2012	8	825	86.95	3.62	$3,686
Oct 2012	8	843	89.38	3.40	$3,581
Sep 2012	0	547	94.67	2.92	$1,596
Aug 2012	6	433	92.66	2.91	$1,815
Jul 2012	3	435	85.13	3.02	$1,569
Jun 2012	6	400	79.82	2.52	$1,487
May 2012	6	431	91.61	2.49	$1,622
Apr 2012	0	528	101.65	2.00	$1,054
Mar 2012	13	527	105.05	2.22	$2,537
Feb 2012	13	518	101.10	2.57	$2,646
Jan 2012	6	525	98.09	2.73	$2,024
Dec 2011	0	694	96.87	3.24	$2,248
Nov 2011	13	625	95.72	3.31	$3,314
Oct 2011	12	758	84.98	3.65	$3,785
Sep 2011	6	593	83.62	3.99	$2,865
Aug 2011	7	682	83.40	4.15	$3,414
Jul 2011	10	734	94.14	4.52	$4,257
Jun 2011	12	656	92.90	4.64	$4,159
May 2011	0	842	98.13	4.40	$3,709
Apr 2011	0	786	105.96	4.33	$3,406
Mar 2011	0	597	96.36	4.06	$2,422
Feb 2011	0	418	85.64	4.18	$1,747
Jan 2011	0	599	86.50	4.59	$2,749
Dec 2010	1	687	85.73	4.35	$3,073
Nov 2010	0	979	80.84	3.80	$3,716
Oct 2010	0	898	78.10	3.51	$3,151
Sep 2010	0	568	72.63	3.98	$2,260
Aug 2010	0	548	73.68	4.42	$2,422
Jul 2010	0	657	72.55	4.74	$3,112
Jun 2010	0	1,129	70.36	4.91	$5,544
May 2010	0	681	71.12	4.24	$2,884
Apr 2010	0	722	81.69	4.12	$2,977
Mar 2010	0	954	78.39	4.39	$4,187
Feb 2010	0	804	73.58	5.44	$4,376
Jan 2010	0	905	74.36	5.96	$5,398
Dec 2009	0	909	71.44	5.48	$4,985
Nov 2009	0	891	74.59	3.75	$3,343
Oct 2009	0	831	72.54	4.11	$3,416
Sep 2009	0	506	65.54	3.06	$1,551
Aug 2009	0	618	67.42	3.22	$1,989
Jul 2009	0	821	61.13	3.46	$2,844
Jun 2009	0	774	66.16	3.90	$3,015
May 2009	0	693	54.74	3.93	$2,721
Apr 2009	0	670	46.77	3.59	$2,404
Mar 2009	10	714	42.14	4.06	$3,320
Feb 2009	4	870	32.81	4.63	$4,162
Jan 2009	2	816	35.86	5.37	$4,454
Dec 2008	4	975	37.10	5.98	$5,976
Nov 2008	20	889	55.49	6.86	$7,209
Oct 2008	51	574	75.24	6.92	$7,810
Sep 2008	58	968	101.76	7.88	$13,527
Aug 2008	46	1,125	114.22	8.48	$14,798
Jul 2008	41	958	131.08	11.39	$16,285
Jun 2008	35	996	131.33	13.03	$17,577
May 2008	26	1,550	123.17	11.57	$21,143
Apr 2008	18	1,235	110.31	10.45	$14,897
Mar 2008	0	698	101.90	9.66	$6,746
Feb 2008	12	769	92.53	8.77	$7,855
Jan 2008	23	1,008	90.38	8.21	$10,350
Dec 2007	17	1,249	88.33	7.30	$10,622
Nov 2007	19	856	91.67	7.29	$7,983
Oct 2007	15	1,206	82.85	6.92	$9,591
Sep 2007	13	1,342	75.84	6.24	$9,366
Aug 2007	0	1,568	69.06	6.39	$10,016
Jul 2007	0	1,583	70.90	6.39	$10,112
Jun 2007	0	1,759	62.00	7.55	$13,278
May 2007	0	1,827	58.74	7.85	$14,335
Apr 2007	0	1,709	59.61	7.81	$13,339
Mar 2007	0	1,824	56.92	7.30	$13,319
Feb 2007	0	1,686	55.10	8.22	$13,852
Jan 2007	0	2,121	50.30	6.73	$14,268
Dec 2006	0	1,994	56.65	6.92	$13,795
Nov 2006	0	1,745	54.20	7.62	$13,293
Oct 2006	1	1,615	54.90	6.01	$9,767
Sep 2006	1	1,600	60.08	5.04	$8,120
Aug 2006	2	1,923	68.71	7.34	$14,252
Jul 2006	8	1,920	69.37	6.34	$12,733
Jun 2006	27	1,823	66.28	6.38	$13,427
May 2006	35	2,118	66.01	6.42	$15,919
Apr 2006	40	2,117	64.39	7.36	$18,158
Mar 2006	37	2,022	56.70	7.08	$16,420
Feb 2006	24	1,765	57.59	7.75	$15,063
Jan 2006	20	2,266	60.59	8.93	$21,455
Dec 2005	37	2,189	54.94	13.42	$31,399
Nov 2005	19	1,471	54.69	10.59	$16,615
Oct 2005	44	2,333	58.34	13.80	$34,752
Sep 2005	35	2,314	61.45	12.08	$30,102
Aug 2005	35	2,202	61.51	9.80	$23,725
Jul 2005	31	2,036	55.69	7.84	$17,696
Jun 2005	18	2,267	52.33	7.38	$17,675
May 2005	23	2,495	45.22	6.65	$17,635
Apr 2005	25	2,288	49.20	7.36	$18,071
Mar 2005	32	2,704	50.37	7.15	$20,959
Feb 2005	39	2,535	45.22	6.31	$17,764
Jan 2005	33	3,046	43.16	6.32	$20,682
Dec 2004	57	3,082	39.86	6.75	$23,079
Nov 2004	44	2,776	45.28	6.33	$19,566
Oct 2004	60	3,133	49.70	6.52	$23,394
Sep 2004	35	2,801	43.24	5.28	$16,314
Aug 2004	37	3,210	42.37	5.55	$19,385
Jul 2004	29	3,286	38.28	6.08	$21,103
Jun 2004	37	3,777	36.10	6.43	$25,633
May 2004	52	3,900	37.48	6.49	$27,278
Apr 2004	34	4,467	34.47	5.86	$27,342
Mar 2004	51	4,687	34.36	5.53	$27,672
Feb 2004	46	4,281	32.45	5.51	$25,079
Jan 2004	57	4,043	32.03	6.30	$27,295
Dec 2003	44	2,044	30.26	6.30	$14,212
Nov 2003	41	1,965	28.80	4.60	$10,210
Oct 2003	37	1,622	28.17	4.76	$8,762
Sep 2003	54	2,184	26.31	4.75	$11,793
Aug 2003	38	2,402	29.76	5.13	$13,452
Jul 2003	55	2,400	29.41	5.17	$14,028
Jun 2003	47	2,368	28.56	5.98	$15,510
May 2003	38	2,662	26.59	5.97	$16,910
Apr 2003	50	2,249	26.67	5.41	$13,494
Mar 2003	29	3,015	31.14	6.10	$19,283
Feb 2003	42	3,021	33.48	7.93	$25,350
Jan 2003	42	3,965	30.31	5.58	$23,406
Dec 2002	47	4,077	26.91	4.85	$21,054
Nov 2002	0	4,035	24.66	4.14	$16,693
Oct 2002	0	3,854	26.46	4.23	$16,299
Sep 2002	1	3,903	27.44	3.64	$14,216
Aug 2002	3	4,064	25.96	3.16	$12,937
Jul 2002	14	4,313	24.58	3.06	$13,549
Jun 2002	62	4,266	23.73	3.34	$15,712
May 2002	52	3,911	24.66	3.58	$15,299
Apr 2002	86	4,457	23.65	3.51	$17,688
Mar 2002	96	4,620	22.00	3.10	$16,447
Feb 2002	122	4,554	18.22	2.38	$13,042
Jan 2002	107	4,547	17.17	2.38	$12,639
Dec 2001	20	5,579	16.93	2.36	$13,530
Nov 2001	120	5,034	18.07	2.41	$14,278
Oct 2001	124	5,464	19.78	2.53	$16,271
Sep 2001	92	5,564	24.26	2.25	$14,758
Aug 2001	108	6,550	24.87	3.05	$22,684
Jul 2001	108	5,933	23.93	3.20	$21,553
Jun 2001	119	6,509	24.56	3.82	$27,814
May 2001	65	6,882	25.52	4.31	$31,302
Apr 2001	125	7,244	24.68	5.34	$41,734
Mar 2001	106	8,284	24.54	5.38	$47,140
Feb 2001	121	7,898	27.75	5.77	$48,906
Jan 2001	149	8,198	27.47	8.40	$72,946
Dec 2000	192	8,235	26.88	9.12	$80,285
Nov 2000	155	8,002	32.21	5.66	$50,268
Oct 2000	160	8,274	31.23	5.15	$47,571
Sep 2000	139	8,988	31.87	5.19	$51,046
Aug 2000	194	8,682	29.64	4.54	$45,173
Jul 2000	289	8,865	28.53	4.09	$44,501
Jun 2000	275	9,598	29.30	4.40	$50,262
May 2000	461	10,358	27.26	3.68	$50,682
Apr 2000	426	10,200	24.51	3.12	$42,224
Mar 2000	621	10,917	28.42	2.86	$48,869
Feb 2000	576	10,617	27.62	2.73	$44,856
Jan 2000	555	11,989	25.27	2.48	$43,764
Dec 1999	425	11,448	24.28	2.42	$38,066
Nov 1999	301	9,437	23.19	2.43	$29,950
Oct 1999	0	0	20.98	2.80	$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             7 bbl  × $ 26.47 =       $185
Gas                  147 Mcf  × $  2.06 =       $303

────────────────────────────────────────────────────
Month total                                     $489

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/174953 is the state's own key, not one this site invented.