PETTY RANCH

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 201492District 01Field 16340900CondensateGasSave
Value, all time
$2.1 M
May 2004 – Aug 2017
Value, last 12 filed months
$0
at the published price for each month
Months reported
160
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition5,553 bbl$285,087
GasProduction300,190 Mcf$1,811,097
Total$2,096,183

Every month this lease reported (160)

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

160 months

Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 2016610726.472.06$380
Jan 20161558827.352.36$1,800
Dec 2015970432.362.00$1,700
Nov 20152184238.792.17$2,639
Oct 2015075743.552.43$1,837
Sep 2015876242.992.76$2,446
Aug 2015976740.162.87$2,565
Jul 2015992048.152.95$3,143
Jun 20152392756.152.88$3,964
May 20151691855.212.96$3,596
Apr 2015171,62149.822.71$5,234
Mar 2015181,68642.892.93$5,720
Feb 2015271,81244.662.98$6,599
Jan 2015030843.433.10$955
Dec 201401154.693.59$40
Nov 2014016170.464.25$685
Oct 2014111,03278.303.90$4,887
Sep 20141199986.164.05$4,989
Aug 2014211,06189.394.04$6,158
Jul 2014111,14896.564.18$5,860
Jun 20141188698.164.74$5,277
May 2014121,24194.734.73$7,002
Apr 2014241,26495.944.81$8,381
Mar 2014231,25195.895.06$8,532
Feb 2014331,22597.406.19$10,799
Jan 2014111,15690.404.86$6,613
Dec 2013111,24791.824.35$6,440
Nov 2013111,26788.853.74$5,714
Oct 201301,05397.423.78$3,980
Sep 2013101,181104.113.72$5,432
Aug 201301,031104.253.52$3,632
Jul 2013101,154102.523.72$5,315
Jun 201301,17694.403.93$4,626
May 2013201,34394.834.15$7,469
Apr 201301,07593.964.28$4,604
Mar 2013111,48093.623.91$6,821
Feb 2013101,14291.233.42$4,818
Jan 2013271,23291.603.42$6,687
Dec 2012141,83786.773.42$7,498
Nov 2012101,51486.953.62$6,358
Oct 2012101,12689.383.40$4,722
Sep 2012070494.672.92$2,055
Aug 2012842992.662.91$1,989
Jul 2012545985.133.02$1,812
Jun 2012941079.822.52$1,751
May 2012941991.612.49$1,867
Apr 20120521101.652.00$1,040
Mar 201228537105.052.22$4,135
Feb 2012221,239101.102.57$5,409
Jan 20121186598.092.73$3,444
Dec 201101,12796.873.24$3,651
Nov 2011191,12495.723.31$5,541
Oct 2011171,10384.983.65$5,469
Sep 20111159683.623.99$3,295
Aug 2011121,11683.404.15$5,631
Jul 2011211,34294.144.52$8,039
Jun 20112767292.904.64$5,626
May 201161,49998.134.40$7,192
Apr 201101,082105.964.33$4,689
Mar 2011064096.364.06$2,597
Feb 2011069285.644.18$2,893
Jan 2011066786.504.59$3,061
Dec 2010071185.734.35$3,091
Nov 2010097080.843.80$3,681
Oct 2010081778.103.51$2,867
Sep 2010098572.633.98$3,920
Aug 2010083673.684.42$3,695
Jul 201001,68172.554.74$7,962
Jun 2010085970.364.91$4,218
May 2010071971.124.24$3,045
Apr 201001,09781.694.12$4,523
Mar 201001,44178.394.39$6,324
Feb 201001,33373.585.44$7,255
Jan 201001,46674.365.96$8,743
Dec 200901,32771.445.48$7,277
Nov 200901,29174.593.75$4,843
Oct 200901,40472.544.11$5,771
Sep 200901,77365.543.06$5,434
Aug 200901,33667.423.22$4,300
Jul 200901,40961.133.46$4,881
Jun 200901,49166.163.90$5,807
May 200901,59854.743.93$6,273
Apr 200901,48346.773.59$5,320
Mar 200941,44442.144.06$6,030
Feb 200931,21732.814.63$5,737
Jan 200911,60335.865.37$8,646
Dec 200831,74037.105.98$10,512
Nov 2008152,04655.496.86$14,869
Oct 2008341,19075.246.92$10,795
Sep 2008381,337101.767.88$14,399
Aug 2008331,201114.228.48$13,957
Jul 2008422,095131.0811.39$29,366
Jun 2008451,455131.3313.03$24,872
May 2008221,706123.1711.57$22,455
Apr 200814734110.3110.45$9,218
Mar 2008181,713101.909.66$18,389
Feb 2008171,40392.538.77$13,878
Jan 2008342,06790.388.21$20,034
Dec 2007201,87988.337.30$15,487
Nov 2007271,77791.677.29$15,432
Oct 2007171,68782.856.92$13,086
Sep 200702,12075.846.24$13,238
Aug 200702,41969.066.39$15,452
Jul 200702,52670.906.39$16,136
Jun 200702,51162.007.55$18,954
May 200702,02558.747.85$15,889
Apr 200701,82959.617.81$14,276
Mar 200701,59456.927.30$11,639
Feb 200701,43555.108.22$11,790
Jan 200703,16750.306.73$21,304
Dec 200601,19356.656.92$8,254
Nov 200601,28154.207.62$9,758
Oct 200601,95954.906.01$11,781
Sep 200611,89660.085.04$9,611
Aug 200611,99368.717.34$14,697
Jul 200632,09769.376.34$13,509
Jun 2006111,95466.286.38$13,203
May 2006121,98766.016.42$13,559
Apr 2006152,09664.397.36$16,393
Mar 2006131,77056.707.08$13,274
Feb 2006101,79757.597.75$14,505
Jan 200682,34560.598.93$21,433
Dec 2005141,93554.9413.42$26,728
Nov 200581,77754.6910.59$19,253
Oct 2005152,00058.3413.80$28,467
Sep 2005132,15961.4512.08$26,877
Aug 2005152,32261.519.80$23,671
Jul 2005171,92855.697.84$16,069
Jun 2005231,95152.337.38$15,604
May 2005413,38945.226.65$24,395
Apr 2005562,96249.207.36$24,557
Mar 20051062,93450.377.15$26,332
Feb 20051252,20945.226.31$19,596
Jan 20051263,43843.166.32$27,174
Dec 20043004,17339.866.75$40,130
Nov 20043196,08845.286.33$52,984
Oct 20045187,65249.706.52$75,598
Sep 200443310,88943.245.28$76,259
Aug 200455914,41642.375.55$103,703
Jul 200454322,28638.286.08$156,378
Jun 200462425,03436.106.43$183,571
May 200454224,07837.486.49$176,691

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                  107 Mcf  × $  2.06 =       $221

────────────────────────────────────────────────────
Month total                                     $380

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/201492 is the state's own key, not one this site invented.