PETTY RANCH

Name: PETTY RANCH lease production and value, Oct 2001 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 186008District 01Field 16340900CondensateGasSave Export

Value, all time

$2.4 M

Oct 2001 – Jul 2017

Value, last 12 filed months

at the published price for each month

Months reported

190

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	19,687 bbl	$695,450
Gas	Production	353,817 Mcf	$1,701,629
Total			$2,397,079

Every month this lease reported (190)

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

190 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	5	108	26.47	2.06	$355
Jan 2016	9	445	27.35	2.36	$1,298
Dec 2015	4	352	32.36	2.00	$834
Nov 2015	9	279	38.79	2.17	$954
Oct 2015	0	367	43.55	2.43	$891
Sep 2015	4	407	42.99	2.76	$1,295
Aug 2015	3	282	40.16	2.87	$931
Jul 2015	3	323	48.15	2.95	$1,096
Jun 2015	7	335	56.15	2.88	$1,359
May 2015	4	334	55.21	2.96	$1,208
Apr 2015	3	419	49.82	2.71	$1,284
Mar 2015	4	294	42.89	2.93	$1,034
Feb 2015	10	430	44.66	2.98	$1,726
Jan 2015	0	330	43.43	3.10	$1,023
Dec 2014	0	11	54.69	3.59	$40
Nov 2014	0	109	70.46	4.25	$463
Oct 2014	6	551	78.30	3.90	$2,619
Sep 2014	6	534	86.16	4.05	$2,677
Aug 2014	11	582	89.39	4.04	$3,332
Jul 2014	4	581	96.56	4.18	$2,815
Jun 2014	3	299	98.16	4.74	$1,711
May 2014	4	359	94.73	4.73	$2,076
Apr 2014	10	455	95.94	4.81	$3,148
Mar 2014	12	648	95.89	5.06	$4,427
Feb 2014	17	658	97.40	6.19	$5,730
Jan 2014	5	567	90.40	4.86	$3,208
Dec 2013	5	609	91.82	4.35	$3,111
Nov 2013	6	565	88.85	3.74	$2,645
Oct 2013	0	492	97.42	3.78	$1,859
Sep 2013	7	672	104.11	3.72	$3,227
Aug 2013	0	880	104.25	3.52	$3,100
Jul 2013	6	771	102.52	3.72	$3,482
Jun 2013	0	727	94.40	3.93	$2,860
May 2013	13	812	94.83	4.15	$4,602
Apr 2013	0	751	93.96	4.28	$3,216
Mar 2013	7	809	93.62	3.91	$3,821
Feb 2013	6	772	91.23	3.42	$3,188
Jan 2013	11	771	91.60	3.42	$3,644
Dec 2012	6	577	86.77	3.42	$2,494
Nov 2012	7	647	86.95	3.62	$2,954
Oct 2012	7	621	89.38	3.40	$2,737
Sep 2012	1	453	94.67	2.92	$1,417
Aug 2012	6	451	92.66	2.91	$1,868
Jul 2012	3	465	85.13	3.02	$1,660
Jun 2012	5	423	79.82	2.52	$1,465
May 2012	5	423	91.61	2.49	$1,511
Apr 2012	0	532	101.65	2.00	$1,062
Mar 2012	8	531	105.05	2.22	$2,020
Feb 2012	9	297	101.10	2.57	$1,673
Jan 2012	4	412	98.09	2.73	$1,519
Dec 2011	0	412	96.87	3.24	$1,335
Nov 2011	8	420	95.72	3.31	$2,157
Oct 2011	10	437	84.98	3.65	$2,444
Sep 2011	4	575	83.62	3.99	$2,626
Aug 2011	4	473	83.40	4.15	$2,296
Jul 2011	8	498	94.14	4.52	$3,003
Jun 2011	50	685	92.90	4.64	$7,823
May 2011	37	536	98.13	4.40	$5,992
Apr 2011	0	418	105.96	4.33	$1,811
Mar 2011	22	366	96.36	4.06	$3,605
Feb 2011	37	355	85.64	4.18	$4,653
Jan 2011	81	287	86.50	4.59	$8,323
Dec 2010	17	431	85.73	4.35	$3,331
Nov 2010	44	431	80.84	3.80	$5,193
Oct 2010	55	487	78.10	3.51	$6,004
Sep 2010	29	430	72.63	3.98	$3,817
Aug 2010	23	476	73.68	4.42	$3,798
Jul 2010	23	401	72.55	4.74	$3,568
Jun 2010	1	713	70.36	4.91	$3,571
May 2010	38	598	71.12	4.24	$5,235
Apr 2010	71	605	81.69	4.12	$8,294
Mar 2010	33	600	78.39	4.39	$5,220
Feb 2010	163	509	73.58	5.44	$14,764
Jan 2010	78	490	74.36	5.96	$8,722
Dec 2009	105	541	71.44	5.48	$10,468
Nov 2009	148	636	74.59	3.75	$13,425
Oct 2009	77	637	72.54	4.11	$8,204
Sep 2009	80	545	65.54	3.06	$6,913
Aug 2009	27	561	67.42	3.22	$3,626
Jul 2009	2	599	61.13	3.46	$2,198
Jun 2009	2	561	66.16	3.90	$2,317
May 2009	11	640	54.74	3.93	$3,115
Apr 2009	8	543	46.77	3.59	$2,322
Mar 2009	19	515	42.14	4.06	$2,891
Feb 2009	6	466	32.81	4.63	$2,356
Jan 2009	3	472	35.86	5.37	$2,643
Dec 2008	5	422	37.10	5.98	$2,708
Nov 2008	28	548	55.49	6.86	$5,313
Oct 2008	74	487	75.24	6.92	$8,939
Sep 2008	83	541	101.76	7.88	$12,708
Aug 2008	67	728	114.22	8.48	$13,828
Jul 2008	67	771	131.08	11.39	$17,564
Jun 2008	63	606	131.33	13.03	$16,172
May 2008	42	639	123.17	11.57	$12,569
Apr 2008	36	719	110.31	10.45	$11,488
Mar 2008	24	492	101.90	9.66	$7,200
Feb 2008	28	574	92.53	8.77	$7,625
Jan 2008	41	590	90.38	8.21	$8,547
Dec 2007	27	484	88.33	7.30	$5,919
Nov 2007	59	680	91.67	7.29	$10,367
Oct 2007	56	1,055	82.85	6.92	$11,942
Sep 2007	79	1,187	75.84	6.24	$13,403
Aug 2007	61	1,289	69.06	6.39	$12,447
Jul 2007	84	1,216	70.90	6.39	$13,723
Jun 2007	69	1,271	62.00	7.55	$13,872
May 2007	65	1,303	58.74	7.85	$14,042
Apr 2007	93	1,441	59.61	7.81	$16,791
Mar 2007	84	1,284	56.92	7.30	$14,157
Feb 2007	64	1,220	55.10	8.22	$13,550
Jan 2007	64	1,259	50.30	6.73	$11,688
Dec 2006	55	1,447	56.65	6.92	$13,127
Nov 2006	102	1,337	54.20	7.62	$15,713
Oct 2006	172	1,202	54.90	6.01	$16,671
Sep 2006	162	1,441	60.08	5.04	$16,992
Aug 2006	128	1,500	68.71	7.34	$19,805
Jul 2006	120	1,642	69.37	6.34	$18,739
Jun 2006	65	1,610	66.28	6.38	$14,586
May 2006	83	1,715	66.01	6.42	$16,498
Apr 2006	103	1,865	64.39	7.36	$20,359
Mar 2006	101	1,921	56.70	7.08	$19,333
Feb 2006	70	1,957	57.59	7.75	$19,200
Jan 2006	50	1,829	60.59	8.93	$19,369
Dec 2005	118	2,289	54.94	13.42	$37,191
Nov 2005	74	2,256	54.69	10.59	$27,934
Oct 2005	125	2,346	58.34	13.80	$39,657
Sep 2005	108	2,459	61.45	12.08	$36,339
Aug 2005	120	2,650	61.51	9.80	$33,343
Jul 2005	119	2,605	55.69	7.84	$27,060
Jun 2005	78	2,781	52.33	7.38	$24,608
May 2005	104	3,254	45.22	6.65	$26,346
Apr 2005	103	3,149	49.20	7.36	$28,246
Mar 2005	85	3,637	50.37	7.15	$30,304
Feb 2005	101	3,647	45.22	6.31	$27,587
Jan 2005	70	3,849	43.16	6.32	$27,355
Dec 2004	47	1,589	39.86	6.75	$12,601
Nov 2004	36	1,511	45.28	6.33	$11,195
Oct 2004	41	1,351	49.70	6.52	$10,840
Sep 2004	23	1,169	43.24	5.28	$7,171
Aug 2004	28	1,497	42.37	5.55	$9,496
Jul 2004	22	1,533	38.28	6.08	$10,169
Jun 2004	32	2,086	36.10	6.43	$14,574
May 2004	40	2,153	37.48	6.49	$15,482
Apr 2004	24	1,851	34.47	5.86	$11,671
Mar 2004	33	1,417	34.36	5.53	$8,970
Feb 2004	38	1,509	32.45	5.51	$9,547
Jan 2004	86	3,068	32.03	6.30	$22,082
Dec 2003	106	3,063	30.26	6.30	$22,509
Nov 2003	97	2,638	28.80	4.60	$14,916
Oct 2003	102	2,748	28.17	4.76	$15,953
Sep 2003	139	3,381	26.31	4.75	$19,715
Aug 2003	100	3,725	29.76	5.13	$22,084
Jul 2003	155	4,134	29.41	5.17	$25,935
Jun 2003	128	4,252	28.56	5.98	$29,095
May 2003	105	4,767	26.59	5.97	$31,264
Apr 2003	141	4,152	26.67	5.41	$26,212
Mar 2003	84	5,907	31.14	6.10	$38,625
Feb 2003	110	5,185	33.48	7.93	$44,778
Jan 2003	115	5,903	30.31	5.58	$36,436
Dec 2002	215	7,551	26.91	4.85	$42,436
Nov 2002	238	9,049	24.66	4.14	$43,304
Oct 2002	650	10,184	26.46	4.23	$60,268
Sep 2002	508	7,964	27.44	3.64	$42,890
Aug 2002	478	6,254	25.96	3.16	$32,198
Jul 2002	628	8,499	24.58	3.06	$41,458
Jun 2002	613	8,819	23.73	3.34	$43,986
May 2002	726	13,333	24.66	3.58	$65,689
Apr 2002	1,061	14,468	23.65	3.51	$75,909
Mar 2002	1,101	13,698	22.00	3.10	$66,723
Feb 2002	1,326	12,593	18.22	2.38	$54,077
Jan 2002	1,088	9,629	17.17	2.38	$41,556
Dec 2001	1,273	12,120	16.93	2.36	$50,208
Nov 2001	1,354	14,252	18.07	2.41	$58,750
Oct 2001	1,228	16,750	19.78	2.53	$66,649

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             5 bbl  × $ 26.47 =       $132
Gas                  108 Mcf  × $  2.06 =       $223

────────────────────────────────────────────────────
Month total                                     $355

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/186008 is the state's own key, not one this site invented.