PETTY RANCH

Name: PETTY RANCH lease production and value, Nov 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 180621District 01Field 16340900CondensateGasSave Export

Value, all time

$6.4 M

Nov 2000 – Jul 2017

Value, last 12 filed months

at the published price for each month

Months reported

201

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	16,579 bbl	$639,197
Gas	Production	1,084,003 Mcf	$5,787,486
Total			$6,426,682

Every month this lease reported (201)

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

201 months


Jul 2017	0	0	43.87	3.09	$0
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	153	26.47	2.06	$501
Jan 2016	19	725	27.35	2.36	$2,234
Dec 2015	11	927	32.36	2.00	$2,211
Nov 2015	23	906	38.79	2.17	$2,856
Oct 2015	0	808	43.55	2.43	$1,961
Sep 2015	9	769	42.99	2.76	$2,508
Aug 2015	9	811	40.16	2.87	$2,691
Jul 2015	9	894	48.15	2.95	$3,066
Jun 2015	22	899	56.15	2.88	$3,827
May 2015	17	906	55.21	2.96	$3,616
Apr 2015	17	1,648	49.82	2.71	$5,307
Mar 2015	18	1,696	42.89	2.93	$5,749
Feb 2015	26	1,853	44.66	2.98	$6,676
Jan 2015	0	323	43.43	3.10	$1,002
Dec 2014	0	12	54.69	3.59	$43
Nov 2014	0	133	70.46	4.25	$565
Oct 2014	11	1,015	78.30	3.90	$4,821
Sep 2014	11	1,006	86.16	4.05	$5,017
Aug 2014	20	1,057	89.39	4.04	$6,053
Jul 2014	12	1,104	96.56	4.18	$5,773
Jun 2014	12	1,010	98.16	4.74	$5,962
May 2014	12	1,372	94.73	4.73	$7,622
Apr 2014	25	1,253	95.94	4.81	$8,424
Mar 2014	26	1,406	95.89	5.06	$9,603
Feb 2014	37	1,402	97.40	6.19	$12,285
Jan 2014	10	1,250	90.40	4.86	$6,980
Dec 2013	8	1,366	91.82	4.35	$6,683
Nov 2013	8	1,014	88.85	3.74	$4,501
Oct 2013	0	695	97.42	3.78	$2,627
Sep 2013	10	851	104.11	3.72	$4,205
Aug 2013	0	1,045	104.25	3.52	$3,681
Jul 2013	10	1,267	102.52	3.72	$5,736
Jun 2013	0	1,212	94.40	3.93	$4,767
May 2013	18	1,238	94.83	4.15	$6,844
Apr 2013	0	1,006	93.96	4.28	$4,308
Mar 2013	10	1,290	93.62	3.91	$5,984
Feb 2013	8	964	91.23	3.42	$4,027
Jan 2013	19	969	91.60	3.42	$5,054
Dec 2012	10	1,210	86.77	3.42	$5,006
Nov 2012	10	1,185	86.95	3.62	$5,165
Oct 2012	9	1,110	89.38	3.40	$4,578
Sep 2012	0	668	94.67	2.92	$1,949
Aug 2012	8	441	92.66	2.91	$2,024
Jul 2012	6	462	85.13	3.02	$1,906
Jun 2012	8	410	79.82	2.52	$1,671
May 2012	9	412	91.61	2.49	$1,850
Apr 2012	0	532	101.65	2.00	$1,062
Mar 2012	27	537	105.05	2.22	$4,030
Feb 2012	29	995	101.10	2.57	$5,489
Jan 2012	14	1,263	98.09	2.73	$4,826
Dec 2011	0	1,114	96.87	3.24	$3,609
Nov 2011	28	1,630	95.72	3.31	$8,078
Oct 2011	22	1,633	84.98	3.65	$7,828
Sep 2011	16	588	83.62	3.99	$3,682
Aug 2011	16	1,732	83.40	4.15	$8,521
Jul 2011	30	1,744	94.14	4.52	$10,702
Jun 2011	27	629	92.90	4.64	$5,427
May 2011	0	1,976	98.13	4.40	$8,704
Apr 2011	0	1,615	105.96	4.33	$6,998
Mar 2011	0	1,327	96.36	4.06	$5,384
Feb 2011	0	1,324	85.64	4.18	$5,534
Jan 2011	0	1,545	86.50	4.59	$7,090
Dec 2010	0	1,794	85.73	4.35	$7,800
Nov 2010	0	1,694	80.84	3.80	$6,429
Oct 2010	0	1,928	78.10	3.51	$6,765
Sep 2010	0	1,814	72.63	3.98	$7,219
Aug 2010	0	1,701	73.68	4.42	$7,517
Jul 2010	0	1,918	72.55	4.74	$9,085
Jun 2010	1	891	70.36	4.91	$4,446
May 2010	1	747	71.12	4.24	$3,235
Apr 2010	0	1,550	81.69	4.12	$6,390
Mar 2010	0	2,032	78.39	4.39	$8,918
Feb 2010	0	1,809	73.58	5.44	$9,845
Jan 2010	0	2,082	74.36	5.96	$12,417
Dec 2009	0	1,936	71.44	5.48	$10,617
Nov 2009	0	1,961	74.59	3.75	$7,357
Oct 2009	0	1,827	72.54	4.11	$7,509
Sep 2009	0	1,962	65.54	3.06	$6,013
Aug 2009	0	2,135	67.42	3.22	$6,872
Jul 2009	0	1,825	61.13	3.46	$6,323
Jun 2009	0	1,986	66.16	3.90	$7,735
May 2009	0	2,024	54.74	3.93	$7,946
Apr 2009	3	2,068	46.77	3.59	$7,559
Mar 2009	13	1,834	42.14	4.06	$7,992
Feb 2009	5	1,916	32.81	4.63	$9,041
Jan 2009	12	1,717	35.86	5.37	$9,652
Dec 2008	4	1,770	37.10	5.98	$10,728
Nov 2008	25	2,286	55.49	6.86	$17,070
Oct 2008	61	1,798	75.24	6.92	$17,035
Sep 2008	69	1,699	101.76	7.88	$20,405
Aug 2008	55	2,135	114.22	8.48	$24,393
Jul 2008	57	2,437	131.08	11.39	$35,228
Jun 2008	51	1,477	131.33	13.03	$25,947
May 2008	90	2,531	123.17	11.57	$40,380
Apr 2008	75	2,566	110.31	10.45	$35,100
Mar 2008	59	2,243	101.90	9.66	$27,689
Feb 2008	63	2,395	92.53	8.77	$26,835
Jan 2008	95	2,476	90.38	8.21	$28,903
Dec 2007	62	2,374	88.33	7.30	$22,811
Nov 2007	98	2,545	91.67	7.29	$27,541
Oct 2007	71	2,672	82.85	6.92	$24,378
Sep 2007	90	2,788	75.84	6.24	$24,234
Aug 2007	61	2,947	69.06	6.39	$23,038
Jul 2007	90	3,103	70.90	6.39	$26,203
Jun 2007	68	3,021	62.00	7.55	$27,020
May 2007	63	2,937	58.74	7.85	$26,745
Apr 2007	84	2,823	59.61	7.81	$27,041
Mar 2007	82	2,920	56.92	7.30	$25,989
Feb 2007	65	2,687	55.10	8.22	$25,658
Jan 2007	70	3,127	50.30	6.73	$24,556
Dec 2006	60	3,798	56.65	6.92	$29,675
Nov 2006	109	3,454	54.20	7.62	$32,219
Oct 2006	176	3,406	54.90	6.01	$30,145
Sep 2006	144	3,230	60.08	5.04	$24,922
Aug 2006	108	3,179	68.71	7.34	$30,754
Jul 2006	108	3,422	69.37	6.34	$29,197
Jun 2006	86	3,518	66.28	6.38	$28,159
May 2006	104	3,501	66.01	6.42	$29,359
Apr 2006	126	3,584	64.39	7.36	$34,493
Mar 2006	120	3,620	56.70	7.08	$32,444
Feb 2006	85	3,636	57.59	7.75	$33,078
Jan 2006	65	4,017	60.59	8.93	$39,824
Dec 2005	133	4,112	54.94	13.42	$62,471
Nov 2005	82	3,975	54.69	10.59	$46,573
Oct 2005	142	4,279	58.34	13.80	$67,316
Sep 2005	115	4,252	61.45	12.08	$58,427
Aug 2005	131	4,614	61.51	9.80	$53,260
Jul 2005	125	4,492	55.69	7.84	$42,195
Jun 2005	73	4,552	52.33	7.38	$37,419
May 2005	87	4,686	45.22	6.65	$35,101
Apr 2005	79	4,456	49.20	7.36	$36,685
Mar 2005	48	4,859	50.37	7.15	$37,183
Feb 2005	59	4,563	45.22	6.31	$31,469
Jan 2005	50	5,448	43.16	6.32	$36,601
Dec 2004	90	5,647	39.86	6.75	$41,711
Nov 2004	71	5,323	45.28	6.33	$36,912
Oct 2004	93	5,557	49.70	6.52	$40,827
Sep 2004	58	5,545	43.24	5.28	$31,807
Aug 2004	59	5,988	42.37	5.55	$35,737
Jul 2004	42	5,976	38.28	6.08	$37,967
Jun 2004	55	6,448	36.10	6.43	$43,466
May 2004	72	6,141	37.48	6.49	$42,582
Apr 2004	50	6,357	34.47	5.86	$38,966
Mar 2004	89	6,764	34.36	5.53	$40,464
Feb 2004	86	6,225	32.45	5.51	$37,088
Jan 2004	131	6,288	32.03	6.30	$43,808
Dec 2003	171	6,749	30.26	6.30	$47,704
Nov 2003	175	6,998	28.80	4.60	$37,197
Oct 2003	176	7,293	28.17	4.76	$39,670
Sep 2003	207	7,373	26.31	4.75	$40,463
Aug 2003	146	7,663	29.76	5.13	$43,654
Jul 2003	248	7,795	29.41	5.17	$47,600
Jun 2003	301	8,438	28.56	5.98	$59,081
May 2003	243	9,389	26.59	5.97	$62,539
Apr 2003	305	7,806	26.67	5.41	$50,344
Mar 2003	166	9,743	31.14	6.10	$64,563
Feb 2003	223	9,109	33.48	7.93	$79,663
Jan 2003	218	10,488	30.31	5.58	$65,152
Dec 2002	297	11,345	26.91	4.85	$63,058
Nov 2002	235	13,568	24.66	4.14	$61,925
Oct 2002	198	13,640	26.46	4.23	$62,924
Sep 2002	142	9,740	27.44	3.64	$39,303
Aug 2002	125	6,536	25.96	3.16	$23,926
Jul 2002	199	12,096	24.58	3.06	$41,926
Jun 2002	165	10,470	23.73	3.34	$38,867
May 2002	186	14,643	24.66	3.58	$57,067
Apr 2002	292	17,012	23.65	3.51	$66,657
Mar 2002	315	16,594	22.00	3.10	$58,417
Feb 2002	412	16,500	18.22	2.38	$46,705
Jan 2002	403	15,609	17.17	2.38	$44,002
Dec 2001	440	18,321	16.93	2.36	$50,767
Nov 2001	443	20,275	18.07	2.41	$56,777
Oct 2001	494	23,663	19.78	2.53	$69,612
Sep 2001	375	24,777	24.26	2.25	$64,878
Aug 2001	444	29,455	24.87	3.05	$100,973
Jul 2001	462	26,783	23.93	3.20	$96,683
Jun 2001	547	34,066	24.56	3.82	$143,708
May 2001	171	40,071	25.52	4.31	$176,963
Apr 2001	346	45,782	24.68	5.34	$252,801
Mar 2001	293	52,975	24.54	5.38	$292,007
Feb 2001	327	46,894	27.75	5.77	$279,516
Jan 2001	472	63,647	27.47	8.40	$547,522
Dec 2000	467	53,456	26.88	9.12	$500,205
Nov 2000	73	11,084	32.21	5.66	$65,065

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                  153 Mcf  × $  2.06 =       $316

────────────────────────────────────────────────────
Month total                                     $501

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/180621 is the state's own key, not one this site invented.