PETTY, O. S.

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 78527District 01Field 16340900CondensateGasSaveExport
Value, all time
$1.2 M
Jan 1993 – Jun 2017
Value, last 12 filed months
$0
at the published price for each month
Months reported
294
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 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.

StreamBasisVolumeValue
CondensateDisposition4,211 bbl$167,483
GasProduction323,325 Mcf$996,659
Total$1,164,141

98,472 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Every month this lease reported (294)

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

294 months

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 2016818726.472.06$598
Jan 20161671527.352.36$2,128
Dec 2015967232.362.00$1,636
Nov 20151662238.792.17$1,969
Oct 2015059943.552.43$1,454
Sep 2015870142.992.76$2,278
Aug 2015981140.162.87$2,691
Jul 2015987848.152.95$3,019
Jun 20151589656.152.88$3,425
May 2015391255.212.96$2,861
Apr 2015232049.822.71$966
Mar 2015220042.892.93$673
Feb 20151220244.662.98$1,137
Jan 2015032443.433.10$1,005
Dec 201461654.693.59$386
Nov 2014914970.464.25$1,268
Oct 2014978378.303.90$3,759
Sep 20141177786.164.05$4,091
Aug 20144280589.394.04$7,003
Jul 2014879696.564.18$4,099
Jun 2014868298.164.74$4,016
May 2014784994.734.73$4,676
Apr 20141374695.944.81$4,835
Mar 20141365895.895.06$4,574
Feb 20142070897.406.19$6,332
Jan 2014870790.404.86$4,160
Dec 2013792291.824.35$4,658
Nov 2013885988.853.74$3,922
Oct 2013073697.423.78$2,782
Sep 20138792104.113.72$3,777
Aug 20130973104.253.52$3,428
Jul 201361,004102.523.72$4,348
Jun 2013075894.403.93$2,982
May 20131469694.834.15$4,215
Apr 2013093293.964.28$3,991
Mar 2013790593.623.91$4,196
Feb 2013763891.233.42$2,821
Jan 20131795991.603.42$4,837
Dec 201291,05586.773.42$4,389
Nov 2012898986.953.62$4,281
Oct 201281,04989.383.40$4,281
Sep 2012051394.672.92$1,497
Aug 2012645492.662.91$1,876
Jul 2012345485.133.02$1,627
Jun 2012638779.822.52$1,454
May 2012642391.612.49$1,602
Apr 20120542101.652.00$1,082
Mar 201213537105.052.22$2,559
Feb 20129593101.102.57$2,434
Jan 2012439698.092.73$1,475
Dec 2011041996.873.24$1,357
Nov 20111928695.723.31$2,766
Oct 2011111,13884.983.65$5,087
Sep 2011658083.623.99$2,813
Aug 2011756283.404.15$2,916
Jul 20111681294.144.52$5,174
Jun 2011663192.904.64$3,485
May 2011041198.134.40$1,810
Apr 20110215105.964.33$932
Mar 201102,03196.364.06$8,240
Feb 201101,22885.644.18$5,133
Jan 2011035886.504.59$1,643
Dec 2010142985.734.35$1,951
Nov 2010038480.843.80$1,457
Oct 2010059678.103.51$2,091
Sep 2010039072.633.98$1,552
Aug 201001,52773.684.42$6,748
Jul 2010029872.554.74$1,411
Jun 2010088770.364.91$4,356
May 2010067971.124.24$2,876
Apr 2010045581.694.12$1,876
Mar 2010035378.394.39$1,549
Feb 2010030673.585.44$1,665
Jan 2010038274.365.96$2,278
Dec 2009032271.445.48$1,766
Nov 2009032574.593.75$1,219
Oct 2009054572.544.11$2,240
Sep 2009096365.543.06$2,951
Aug 2009029167.423.22$937
Jul 2009042161.133.46$1,459
Jun 2009034566.163.90$1,344
May 2009073354.743.93$2,878
Apr 200901,07846.773.59$3,867
Mar 2009181342.144.06$3,342
Feb 2009119632.814.63$941
Jan 2009219335.865.37$1,108
Dec 2008022337.105.98$1,333
Nov 2008337055.496.86$2,705
Oct 20081934875.246.92$3,838
Sep 200814727101.767.88$7,151
Aug 20080650114.228.48$5,514
Jul 20080871131.0811.39$9,920
Jun 20082871131.3313.03$11,614
May 20080851123.1711.57$9,850
Apr 20080958110.3110.45$10,016
Mar 20080717101.909.66$6,929
Feb 2008069192.538.77$6,060
Jan 2008089890.388.21$7,369
Dec 2007092188.337.30$6,725
Nov 2007062391.677.29$4,543
Oct 2007076982.856.92$5,323
Sep 200701,00075.846.24$6,244
Aug 2007089169.066.39$5,692
Jul 2007072070.906.39$4,599
Jun 2007087462.007.55$6,597
May 2007073758.747.85$5,783
Apr 2007055459.617.81$4,324
Mar 2007096256.927.30$7,025
Feb 2007087955.108.22$7,222
Jan 2007066250.306.73$4,453
Dec 2006069656.656.92$4,815
Nov 2006075054.207.62$5,713
Oct 2006173354.906.01$4,463
Sep 2006270760.085.04$3,681
Aug 2006463068.717.34$4,899
Jul 20061472969.376.34$5,595
Jun 20064790666.286.38$8,899
May 20065999666.016.42$10,294
Apr 2006661,01064.397.36$11,684
Mar 20064873856.707.08$7,949
Feb 20062759657.597.75$6,175
Jan 20061852160.598.93$5,745
Dec 20053654054.9413.42$9,222
Nov 20052357154.6910.59$7,304
Oct 20052741758.3413.80$7,328
Sep 20051935661.4512.08$5,468
Aug 20051727561.519.80$3,740
Jul 20052135055.697.84$3,915
Jun 20051438552.337.38$3,574
May 20051936045.226.65$3,254
Apr 20053443649.207.36$4,882
Mar 2005611,05950.377.15$10,650
Feb 20057186545.226.31$8,670
Jan 2005651,18443.166.32$10,291
Dec 20041211,24839.866.75$13,248
Nov 20041001,30745.286.33$12,802
Oct 20041261,32249.706.52$14,875
Sep 2004701,13743.245.28$9,035
Aug 2004751,35842.375.55$10,716
Jul 2004341,06638.286.08$7,787
Jun 2004191,22136.106.43$8,541
May 2004241,21137.486.49$8,764
Apr 2004131,06434.475.86$6,682
Mar 2004221,13334.365.53$7,022
Feb 2004221,10432.455.51$6,797
Jan 2004361,24432.036.30$8,990
Dec 2003461,28230.266.30$9,471
Nov 2003431,17028.804.60$6,615
Oct 2003461,38028.174.76$7,864
Sep 2003491,21326.314.75$7,050
Aug 2003321,25829.765.13$7,406
Jul 2003381,16229.415.17$7,126
Jun 2003321,23028.565.98$8,273
May 2003241,21726.595.97$7,907
Apr 20033892726.675.41$6,026
Mar 2003361,27031.146.10$8,863
Feb 2003601,57333.487.93$14,476
Jan 2003431,26430.315.58$8,359
Dec 2002431,40826.914.85$7,991
Nov 2002281,32524.664.14$6,172
Oct 2002251,32126.464.23$6,248
Sep 2002261,50027.443.64$6,166
Aug 2002261,41925.963.16$5,165
Jul 2002291,52324.583.06$5,376
Jun 2002221,56923.733.34$5,760
May 2002121,33024.663.58$5,063
Apr 2002161,24823.653.51$4,762
Mar 20021379222.003.10$2,743
Feb 20022095918.222.38$2,643
Jan 2002281,39217.172.38$3,788
Dec 2001271,48016.932.36$3,956
Nov 2001241,34318.072.41$3,664
Oct 2001401,85419.782.53$5,480
Sep 2001671,63924.262.25$5,315
Aug 2001611,40924.873.05$5,819
Jul 2001681,43923.933.20$6,228
Jun 2001751,64524.563.82$8,133
May 2001291,68225.524.31$7,985
Apr 2001581,88924.685.34$11,510
Mar 2001451,98724.545.38$11,787
Feb 2001511,73927.755.77$11,444
Jan 2001732,23427.478.40$20,768
Dec 2000902,22026.889.12$22,671
Nov 2000642,04832.215.66$13,649
Oct 2000361,03131.235.15$6,429
Sep 2000331,10831.875.19$6,798
Aug 2000541,41929.644.54$8,044
Jul 2000681,70028.534.09$8,893
Jun 2000271,06629.304.40$5,479
May 2000561,28227.263.68$6,244
Apr 2000631,85224.513.12$7,315
Mar 2000821,76128.422.86$7,366
Feb 2000681,61727.622.73$6,287
Jan 2000441,36225.272.48$4,490
Dec 199961,37424.282.42$3,476
Nov 199971,66023.192.43$4,203
Oct 199951,67920.982.80$4,812
Sep 199961,55621.752.62$4,205
Aug 199971,75519.262.88$5,182
Jul 199961,46717.892.37$3,588
Jun 199961,66315.942.36$4,024
May 199971,84215.792.32$4,386
Apr 199971,84715.102.21$4,184
Mar 1999112,01612.471.84$3,843
Feb 199971,5679.981.82$2,918
Jan 1999101,88910.381.90$3,693
Dec 199881,8029.201.77$3,269
Nov 1998111,91110.892.19$4,297
Oct 199881,83012.421.97$3,703
Sep 1998485012.592.08$1,821
Aug 1998476011.301.91$1,495
Jul 199851,10811.742.24$2,538
Jun 1998179211.242.24$1,783
May 1998191712.622.21$2,036
Apr 1998190213.042.51$2,273
Mar 1998185512.802.31$1,987
Feb 1998175413.952.30$1,747
Jan 199821,10814.702.15$2,417
Dec 199721,67416.322.41$4,069
Nov 199731,75318.193.09$5,468
Oct 199721,40619.253.15$4,467
Sep 199721,70217.742.95$5,065
Aug 199721,80717.862.55$4,652
Jul 199731,70217.582.25$3,877
Jun 1997298817.242.26$2,265
May 199731,47618.972.31$3,464
Apr 199731,41317.882.08$2,997
Mar 199741,57218.951.94$3,124
Feb 199731,48420.492.21$3,335
Jan 199721,57923.483.54$5,636
Dec 199601,66623.32$0
Nov 199601,59621.97$0
Oct 199601,76023.31$0
Sep 199601,69322.22$0
Aug 199601,63720.26$0
Jul 199601,73419.55$0
Jun 199601,66318.73$0
May 199601,76719.43$0
Apr 199601,63721.51$0
Mar 199601,79519.38$0
Feb 199601,77416.98$0
Jan 199602,16017.07$0
Dec 199502,25017.19$0
Nov 199502,19616.00$0
Oct 199502,39415.43$0
Sep 199502,35016.18$0
Aug 199502,48715.92$0
Jul 199502,49715.24$0
Jun 199502,49416.41$0
May 199502,62717.56$0
Apr 199502,56117.73$0
Mar 199502,72916.44$0
Feb 199502,42516.58$0
Jan 199502,61815.92$0
Dec 199402,62015.03$0
Nov 199402,69015.90$0
Oct 199402,82115.58$0
Sep 199402,69415.29$0
Aug 199402,83716.13$0
Jul 199402,87717.56$0
Jun 199402,85717.09$0
May 199402,88215.88$0
Apr 199402,65314.14$0
Mar 199402,91312.46$0
Feb 199401,63112.50$0
Jan 199402,20612.66$0
Dec 199302,18612.33$0
Nov 1993097414.49$0
Oct 199301,49615.85$0
Sep 1993110115.03$15
Aug 199321,07815.66$31
Jul 199351,66415.46$77
Jun 1993171,59116.79$285
May 1993181,46917.68$318
Apr 1993191,49418.05$343
Mar 1993151,16518.14$272
Feb 1993141,53717.90$251
Jan 199371,52616.93$119

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             8 bbl  × $ 26.47 =       $212
Gas                  187 Mcf  × $  2.06 =       $386

────────────────────────────────────────────────────
Month total                                     $598

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/78527 is the state's own key, not one this site invented.