PETTY RANCH

Name: PETTY RANCH lease production and value, Apr 2000 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 176730District 01Field 16340900CondensateGasSave Export

Value, all time

$1.7 M

Apr 2000 – Jun 2017

Value, last 12 filed months

at the published price for each month

Months reported

207

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	14,350 bbl	$656,375
Gas	Production	223,432 Mcf	$1,028,645
Total			$1,685,020

Every month this lease reported (207)

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

207 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	6	141	26.47	2.06	$450
Jan 2016	13	567	27.35	2.36	$1,696
Dec 2015	6	629	32.36	2.00	$1,453
Nov 2015	10	343	38.79	2.17	$1,131
Oct 2015	0	404	43.55	2.43	$980
Sep 2015	6	515	42.99	2.76	$1,679
Aug 2015	6	623	40.16	2.87	$2,031
Jul 2015	7	641	48.15	2.95	$2,225
Jun 2015	12	661	56.15	2.88	$2,579
May 2015	6	600	55.21	2.96	$2,105
Apr 2015	5	602	49.82	2.71	$1,878
Mar 2015	6	491	42.89	2.93	$1,698
Feb 2015	12	583	44.66	2.98	$2,271
Jan 2015	0	281	43.43	3.10	$871
Dec 2014	0	17	54.69	3.59	$61
Nov 2014	0	106	70.46	4.25	$451
Oct 2014	6	553	78.30	3.90	$2,627
Sep 2014	6	528	86.16	4.05	$2,653
Aug 2014	11	571	89.39	4.04	$3,287
Jul 2014	6	589	96.56	4.18	$3,041
Jun 2014	6	461	98.16	4.74	$2,773
May 2014	6	638	94.73	4.73	$3,584
Apr 2014	12	627	95.94	4.81	$4,167
Mar 2014	12	688	95.89	5.06	$4,630
Feb 2014	17	628	97.40	6.19	$5,544
Jan 2014	6	583	90.40	4.86	$3,376
Dec 2013	5	686	91.82	4.35	$3,446
Nov 2013	6	597	88.85	3.74	$2,765
Oct 2013	0	497	97.42	3.78	$1,878
Sep 2013	6	636	104.11	3.72	$2,989
Aug 2013	0	811	104.25	3.52	$2,857
Jul 2013	5	651	102.52	3.72	$2,933
Jun 2013	0	566	94.40	3.93	$2,226
May 2013	11	666	94.83	4.15	$3,806
Apr 2013	0	700	93.96	4.28	$2,998
Mar 2013	6	703	93.62	3.91	$3,312
Feb 2013	6	656	91.23	3.42	$2,791
Jan 2013	10	699	91.60	3.42	$3,307
Dec 2012	6	552	86.77	3.42	$2,409
Nov 2012	7	643	86.95	3.62	$2,940
Oct 2012	7	583	89.38	3.40	$2,608
Sep 2012	2	398	94.67	2.92	$1,351
Aug 2012	6	436	92.66	2.91	$1,824
Jul 2012	3	450	85.13	3.02	$1,615
Jun 2012	5	390	79.82	2.52	$1,382
May 2012	5	426	91.61	2.49	$1,518
Apr 2012	0	542	101.65	2.00	$1,082
Mar 2012	8	545	105.05	2.22	$2,051
Feb 2012	14	169	101.10	2.57	$1,850
Jan 2012	7	559	98.09	2.73	$2,215
Dec 2011	0	738	96.87	3.24	$2,391
Nov 2011	14	697	95.72	3.31	$3,648
Oct 2011	13	772	84.98	3.65	$3,921
Sep 2011	7	617	83.62	3.99	$3,045
Aug 2011	7	753	83.40	4.15	$3,708
Jul 2011	13	827	94.14	4.52	$4,960
Jun 2011	64	613	92.90	4.64	$8,790
May 2011	44	897	98.13	4.40	$8,269
Apr 2011	0	734	105.96	4.33	$3,181
Mar 2011	26	708	96.36	4.06	$5,378
Feb 2011	44	634	85.64	4.18	$6,418
Jan 2011	98	307	86.50	4.59	$9,886
Dec 2010	20	759	85.73	4.35	$5,015
Nov 2010	53	870	80.84	3.80	$7,586
Oct 2010	66	894	78.10	3.51	$8,292
Sep 2010	35	848	72.63	3.98	$5,917
Aug 2010	27	535	73.68	4.42	$4,354
Jul 2010	28	31	72.55	4.74	$2,178
Jun 2010	17	926	70.36	4.91	$5,743
May 2010	79	701	71.12	4.24	$8,587
Apr 2010	190	105	81.69	4.12	$15,954
Mar 2010	130	402	78.39	4.39	$11,955
Feb 2010	214	569	73.58	5.44	$18,843
Jan 2010	84	474	74.36	5.96	$9,073
Dec 2009	73	97	71.44	5.48	$5,747
Nov 2009	245	509	74.59	3.75	$20,184
Oct 2009	150	519	72.54	4.11	$13,014
Sep 2009	169	528	65.54	3.06	$12,694
Aug 2009	100	542	67.42	3.22	$8,486
Jul 2009	246	681	61.13	3.46	$17,397
Jun 2009	126	680	66.16	3.90	$10,985
May 2009	114	763	54.74	3.93	$9,236
Apr 2009	36	625	46.77	3.59	$3,926
Mar 2009	59	657	42.14	4.06	$5,153
Feb 2009	21	595	32.81	4.63	$3,446
Jan 2009	45	613	35.86	5.37	$4,906
Dec 2008	16	578	37.10	5.98	$4,048
Nov 2008	92	846	55.49	6.86	$10,909
Oct 2008	75	797	75.24	6.92	$11,160
Sep 2008	8	625	101.76	7.88	$5,737
Aug 2008	0	487	114.22	8.48	$4,131
Jul 2008	0	527	131.08	11.39	$6,002
Jun 2008	0	373	131.33	13.03	$4,861
May 2008	39	486	123.17	11.57	$10,429
Apr 2008	32	459	110.31	10.45	$8,329
Mar 2008	29	522	101.90	9.66	$8,000
Feb 2008	28	437	92.53	8.77	$6,424
Jan 2008	56	655	90.38	8.21	$10,436
Dec 2007	37	607	88.33	7.30	$7,701
Nov 2007	61	655	91.67	7.29	$10,368
Oct 2007	50	691	82.85	6.92	$8,926
Sep 2007	81	767	75.84	6.24	$10,932
Aug 2007	76	828	69.06	6.39	$10,538
Jul 2007	180	679	70.90	6.39	$17,099
Jun 2007	142	715	62.00	7.55	$14,201
May 2007	118	599	58.74	7.85	$11,631
Apr 2007	161	554	59.61	7.81	$13,921
Mar 2007	176	673	56.92	7.30	$14,932
Feb 2007	133	656	55.10	8.22	$12,718
Jan 2007	128	649	50.30	6.73	$10,804
Dec 2006	104	771	56.65	6.92	$11,226
Nov 2006	163	780	54.20	7.62	$14,776
Oct 2006	113	640	54.90	6.01	$10,053
Sep 2006	98	685	60.08	5.04	$9,338
Aug 2006	72	682	68.71	7.34	$9,953
Jul 2006	62	595	69.37	6.34	$8,075
Jun 2006	53	679	66.28	6.38	$7,847
May 2006	65	670	66.01	6.42	$8,595
Apr 2006	85	693	64.39	7.36	$10,574
Mar 2006	106	1,006	56.70	7.08	$13,136
Feb 2006	78	1,196	57.59	7.75	$13,762
Jan 2006	44	881	60.59	8.93	$10,536
Dec 2005	79	801	54.94	13.42	$15,086
Nov 2005	49	819	54.69	10.59	$11,352
Oct 2005	61	552	58.34	13.80	$11,174
Sep 2005	59	680	61.45	12.08	$11,839
Aug 2005	67	723	61.51	9.80	$11,204
Jul 2005	78	797	55.69	7.84	$10,595
Jun 2005	66	857	52.33	7.38	$9,779
May 2005	74	849	45.22	6.65	$8,993
Apr 2005	68	774	49.20	7.36	$9,043
Mar 2005	48	792	50.37	7.15	$8,084
Feb 2005	72	965	45.22	6.31	$9,347
Jan 2005	58	1,091	43.16	6.32	$9,401
Dec 2004	107	1,143	39.86	6.75	$11,982
Nov 2004	90	1,211	45.28	6.33	$11,741
Oct 2004	103	1,151	49.70	6.52	$12,618
Sep 2004	49	796	43.24	5.28	$6,325
Aug 2004	55	932	42.37	5.55	$7,504
Jul 2004	45	1,156	38.28	6.08	$8,756
Jun 2004	61	1,468	36.10	6.43	$11,646
May 2004	60	1,077	37.48	6.49	$9,243
Apr 2004	35	862	34.47	5.86	$6,256
Mar 2004	52	884	34.36	5.53	$6,675
Feb 2004	52	865	32.45	5.51	$6,453
Jan 2004	89	1,024	32.03	6.30	$9,302
Dec 2003	113	998	30.26	6.30	$9,708
Nov 2003	125	1,160	28.80	4.60	$8,930
Oct 2003	120	1,146	28.17	4.76	$8,835
Sep 2003	152	1,213	26.31	4.75	$9,760
Aug 2003	116	1,275	29.76	5.13	$9,993
Jul 2003	261	2,193	29.41	5.17	$19,016
Jun 2003	169	2,247	28.56	5.98	$18,270
May 2003	14	20	26.59	5.97	$492
Apr 2003	136	873	26.67	5.41	$8,348
Mar 2003	116	1,766	31.14	6.10	$14,378
Feb 2003	151	1,605	33.48	7.93	$17,777
Jan 2003	148	1,966	30.31	5.58	$15,460
Dec 2002	134	1,522	26.91	4.85	$10,993
Nov 2002	37	1,152	24.66	4.14	$5,678
Oct 2002	38	1,339	26.46	4.23	$6,668
Sep 2002	40	1,529	27.44	3.64	$6,656
Aug 2002	58	2,121	25.96	3.16	$8,217
Jul 2002	58	2,076	24.58	3.06	$7,782
Jun 2002	51	2,120	23.73	3.34	$8,287
May 2002	44	2,082	24.66	3.58	$8,547
Apr 2002	72	2,282	23.65	3.51	$9,718
Mar 2002	86	2,505	22.00	3.10	$9,664
Feb 2002	118	2,675	18.22	2.38	$8,505
Jan 2002	109	2,352	17.17	2.38	$7,459
Dec 2001	131	2,727	16.93	2.36	$8,666
Nov 2001	126	2,954	18.07	2.41	$9,383
Oct 2001	147	3,629	19.78	2.53	$12,085
Sep 2001	103	3,670	24.26	2.25	$10,761
Aug 2001	77	2,632	24.87	3.05	$9,951
Jul 2001	68	2,690	23.93	3.20	$10,227
Jun 2001	0	1,625	24.56	3.82	$6,214
May 2001	0	429	25.52	4.31	$1,848
Apr 2001	1	2,340	24.68	5.34	$12,509
Mar 2001	9	870	24.54	5.38	$4,898
Feb 2001	8	289	27.75	5.77	$1,889
Jan 2001	8	0	27.47	8.40	$220
Dec 2000	62	573	26.88	9.12	$6,894
Nov 2000	110	1,458	32.21	5.66	$11,792
Oct 2000	173	2,101	31.23	5.15	$16,213
Sep 2000	269	5,421	31.87	5.19	$36,689
Aug 2000	357	4,564	29.64	4.54	$31,305
Jul 2000	610	7,703	28.53	4.09	$48,907
Jun 2000	345	6,375	29.30	4.40	$38,141
May 2000	1,000	14,268	27.26	3.68	$79,763
Apr 2000	977	21,634	24.51	3.12	$91,358

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             6 bbl  × $ 26.47 =       $159
Gas                  141 Mcf  × $  2.06 =       $291

────────────────────────────────────────────────────
Month total                                     $450

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/176730 is the state's own key, not one this site invented.