PETTY RANCH

Operated by ROSETTA RESOURCES OPERATING LP (P-5 728883) in the CATARINA, SW. (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 177454District 01Field 16340500CondensateGasSaveExport
Value, all time
$483 k
Apr 2000 – May 2013
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
158
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 213 leases and 214 wells, and the rule below applies to all of them.

Discovered
1973-12-28
as the register files it
Field class
Oil and 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 Commission's schedule remark for this field reads: OPTIONAL 80 ACRE UNIT MAX DIAG 4000

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
CondensateDisposition46 bbl$4,183
GasProduction91,407 Mcf$479,257
Total$483,440

Every month this lease reported (158)

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

158 months

May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 2012537792.662.91$1,560
Jul 2012244785.133.02$1,521
Jun 2012442179.822.52$1,380
May 2012443891.612.49$1,456
Apr 20120526101.652.00$1,050
Mar 20123535105.052.22$1,504
Feb 20123136101.102.57$653
Jan 2012216598.092.73$647
Dec 2011018896.873.24$609
Nov 2011314695.723.31$771
Oct 2011811484.983.65$1,096
Sep 2011262183.623.99$2,642
Aug 2011222083.404.15$1,080
Jul 2011421894.144.52$1,361
Jun 2011470092.904.64$3,620
May 2011022298.134.40$978
Apr 20110160105.964.33$693
Mar 2011013196.364.06$532
Feb 2011013885.644.18$577
Jan 2011016186.504.59$739
Dec 2010011885.734.35$513
Nov 2010013380.843.80$505
Oct 2010010078.103.51$351
Sep 2010010372.633.98$410
Aug 2010013573.684.42$597
Jul 2010012372.554.74$583
Jun 2010040370.364.91$1,979
May 2010031371.124.24$1,326
Apr 2010028181.694.12$1,158
Mar 2010028278.394.39$1,238
Feb 2010026773.585.44$1,453
Jan 2010028274.365.96$1,682
Dec 2009026071.445.48$1,426
Nov 2009020574.593.75$769
Oct 2009013572.544.11$555
Sep 2009012565.543.06$383
Aug 2009011767.423.22$377
Jul 2009015061.133.46$520
Jun 2009013366.163.90$518
May 2009014054.743.93$550
Apr 2009012646.773.59$452
Mar 2009011942.144.06$483
Feb 2009015532.814.63$718
Jan 2009013235.865.37$709
Dec 2008012637.105.98$753
Nov 2008039755.496.86$2,724
Oct 2008033075.246.92$2,284
Sep 20080364101.767.88$2,867
Aug 20080327114.228.48$2,774
Jul 20080296131.0811.39$3,371
Jun 20080222131.3313.03$2,893
May 20080244123.1711.57$2,824
Apr 20080268110.3110.45$2,802
Mar 20080208101.909.66$2,010
Feb 2008029292.538.77$2,561
Jan 2008024090.388.21$1,969
Dec 2007025088.337.30$1,825
Nov 2007027891.677.29$2,027
Oct 2007032782.856.92$2,263
Sep 2007035375.846.24$2,204
Aug 2007031469.066.39$2,006
Jul 2007034170.906.39$2,178
Jun 2007031462.007.55$2,370
May 2007030158.747.85$2,362
Apr 2007035459.617.81$2,763
Mar 2007033456.927.30$2,439
Feb 2007033455.108.22$2,744
Jan 2007030150.306.73$2,025
Dec 2006036756.656.92$2,539
Nov 2006036854.207.62$2,803
Oct 2006044154.906.01$2,652
Sep 2006027860.085.04$1,400
Aug 2006036268.717.34$2,657
Jul 2006035569.376.34$2,252
Jun 2006037366.286.38$2,381
May 2006034766.016.42$2,229
Apr 2006037764.397.36$2,775
Mar 2006035456.707.08$2,507
Feb 2006038157.597.75$2,953
Jan 2006044460.598.93$3,966
Dec 2005044754.9413.42$5,997
Nov 2005043254.6910.59$4,574
Oct 2005038158.3413.80$5,256
Sep 2005040361.4512.08$4,868
Aug 2005038161.519.80$3,733
Jul 2005042055.697.84$3,294
Jun 2005041852.337.38$3,085
May 2005044045.226.65$2,927
Apr 2005041249.207.36$3,033
Mar 2005045250.377.15$3,234
Feb 2005050145.226.31$3,162
Jan 2005056743.166.32$3,585
Dec 2004060439.866.75$4,078
Nov 2004047345.286.33$2,994
Oct 2004050749.706.52$3,303
Sep 2004047943.245.28$2,531
Aug 2004054642.375.55$3,031
Jul 2004065438.286.08$3,979
Jun 2004076436.106.43$4,915
May 2004078437.486.49$5,092
Apr 2004075634.475.86$4,429
Mar 2004083934.365.53$4,640
Feb 2004078132.455.51$4,303
Jan 2004083632.036.30$5,267
Dec 2003083030.266.30$5,230
Nov 2003099328.804.60$4,563
Oct 2003090328.174.76$4,298
Sep 2003086626.314.75$4,113
Aug 2003087429.765.13$4,483
Jul 2003094029.415.17$4,861
Jun 2003091328.565.98$5,462
May 2003092326.595.97$5,513
Apr 2003079326.675.41$4,288
Mar 2003093731.146.10$5,712
Feb 2003083733.487.93$6,634
Jan 200301,13330.315.58$6,324
Dec 200201,21626.914.85$5,902
Nov 200201,17624.664.14$4,865
Oct 200201,10326.464.23$4,665
Sep 200201,21527.443.64$4,417
Aug 200201,26625.963.16$4,006
Jul 200201,25724.583.06$3,849
Jun 200201,15123.733.34$3,842
May 2002092924.663.58$3,330
Apr 200201,00423.653.51$3,526
Mar 200201,04422.003.10$3,239
Feb 200201,06018.222.38$2,518
Jan 200201,17317.172.38$2,787
Dec 200101,32116.932.36$3,123
Nov 200101,18918.072.41$2,860
Oct 200101,35719.782.53$3,432
Sep 200101,30124.262.25$2,929
Aug 200101,66424.873.05$5,080
Jul 200101,36923.933.20$4,377
Jun 200101,53624.563.82$5,874
May 200101,62125.524.31$6,982
Apr 200101,68324.685.34$8,979
Mar 200101,79124.545.38$9,629
Feb 200101,76127.755.77$10,156
Jan 200101,90727.478.40$16,016
Dec 200001,85326.889.12$16,904
Nov 200001,52132.215.66$8,606
Oct 200001,34131.235.15$6,900
Sep 200001,44331.875.19$7,484
Aug 200001,33229.644.54$6,048
Jul 200001,60228.534.09$6,552
Jun 200001,44129.304.40$6,336
May 200002,59827.263.68$9,560
Apr 20000024.513.12$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.

Aug 2012 — as filed, then multipliedworked
Condensate             5 bbl  × $ 92.66 =       $463
Gas                  377 Mcf  × $  2.91 =     $1,096

────────────────────────────────────────────────────
Month total                                   $1,560

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/177454 is the state's own key, not one this site invented.