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 95343District 01Field 16340900CondensateGasSaveExport
Value, all time
$2.1 M
Jan 1993 – Jul 2017
Value, last 12 filed months
$0
at the published price for each month
Months reported
295
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
CondensateDisposition18,528 bbl$359,568
GasProduction663,745 Mcf$1,702,998
Total$2,062,566

270,277 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 (295)

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

295 months

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 201624426.472.06$144
Jan 2016516327.352.36$522
Dec 2015430232.362.00$734
Nov 20151140338.792.17$1,300
Oct 2015042643.552.43$1,034
Sep 2015653742.992.76$1,739
Aug 2015664540.162.87$2,094
Jul 2015663948.152.95$2,171
Jun 20151361156.152.88$2,491
May 2015767055.212.96$2,367
Apr 2015667749.822.71$2,131
Mar 2015658142.892.93$1,962
Feb 20151257744.662.98$2,253
Jan 2015032043.433.10$992
Dec 201402254.693.59$79
Nov 2014011470.464.25$485
Oct 2014655278.303.90$2,623
Sep 2014655886.164.05$2,774
Aug 20141159289.394.04$3,372
Jul 2014654996.564.18$2,874
Jun 2014754098.164.74$3,245
May 2014773994.734.73$4,156
Apr 20141475895.944.81$4,988
Mar 20141477395.895.06$5,251
Feb 20142073697.406.19$6,505
Jan 2014764490.404.86$3,763
Dec 2013773391.824.35$3,835
Nov 2013972688.853.74$3,514
Oct 2013087797.423.78$3,315
Sep 20138949104.113.72$4,361
Aug 201301,015104.253.52$3,575
Jul 20138959102.523.72$4,385
Jun 2013089494.403.93$3,516
May 20131593294.834.15$5,289
Apr 2013093393.964.28$3,996
Mar 2013777993.623.91$3,703
Feb 2013880291.233.42$3,473
Jan 2013181,02291.603.42$5,144
Dec 201221,11286.773.42$3,977
Nov 20125086.953.62$435
Oct 20125189.383.40$450
Sep 201258294.672.92$713
Aug 2012549892.662.91$1,912
Jul 2012344585.133.02$1,600
Jun 2012539379.822.52$1,389
May 2012545291.612.49$1,583
Apr 20120530101.652.00$1,058
Mar 20126529105.052.22$1,806
Feb 20126200101.102.57$1,121
Jan 2012318798.092.73$806
Dec 2011031296.873.24$1,011
Nov 2011830795.723.31$1,782
Oct 20111142084.983.65$2,467
Sep 2011461583.623.99$2,786
Aug 2011356383.404.15$2,586
Jul 20111029294.144.52$2,260
Jun 2011172292.904.64$3,443
May 20110098.134.40$0
Apr 20110707105.964.33$3,064
Mar 2011058296.364.06$2,361
Feb 2011039385.644.18$1,643
Jan 2011065586.504.59$3,006
Dec 2010038485.734.35$1,670
Nov 2010052780.843.80$2,000
Oct 2010086678.103.51$3,039
Sep 2010179172.633.98$3,220
Aug 2010464373.684.42$3,136
Jul 2010447272.554.74$2,526
Jun 201031,53170.364.91$7,729
May 201081,28471.124.24$6,007
Apr 20101195481.694.12$4,832
Mar 2010268278.394.39$3,150
Feb 2010059073.585.44$3,211
Jan 2010061074.365.96$3,638
Dec 2009065371.445.48$3,581
Nov 2009079574.593.75$2,982
Oct 200901,11772.544.11$4,591
Sep 2009075165.543.06$2,302
Aug 200901,29467.423.22$4,165
Jul 200901,63261.133.46$5,654
Jun 200901,71366.163.90$6,672
May 200901,16654.743.93$4,577
Apr 2009087946.773.59$3,153
Mar 2009078742.144.06$3,194
Feb 2009075432.814.63$3,493
Jan 2009087435.865.37$4,694
Dec 2008077337.105.98$4,620
Nov 2008092655.496.86$6,353
Oct 2008071275.246.92$4,928
Sep 20080536101.767.88$4,222
Aug 20080581114.228.48$4,929
Jul 20080594131.0811.39$6,765
Jun 20080635131.3313.03$8,276
May 20080773123.1711.57$8,947
Apr 20080522110.3110.45$5,457
Mar 20080565101.909.66$5,460
Feb 2008061692.538.77$5,403
Jan 2008078790.388.21$6,458
Dec 2007078288.337.30$5,710
Nov 2007081591.677.29$5,943
Oct 200701,17282.856.92$8,113
Sep 2007092975.846.24$5,801
Aug 200701,15469.066.39$7,372
Jul 200701,29170.906.39$8,247
Jun 200701,30962.007.55$9,881
May 200701,35858.747.85$10,655
Apr 200701,31259.617.81$10,240
Mar 200701,45856.927.30$10,646
Feb 2007092455.108.22$7,592
Jan 200701,94750.306.73$13,097
Dec 200602,11756.656.92$14,646
Nov 200602,13454.207.62$16,256
Oct 200602,69254.906.01$16,189
Sep 200601,43260.085.04$7,213
Aug 200601,08668.717.34$7,971
Jul 200601,11369.376.34$7,059
Jun 200601,31766.286.38$8,408
May 200601,49066.016.42$9,573
Apr 200601,38264.397.36$10,172
Mar 200601,75956.707.08$12,459
Feb 2006052557.597.75$4,069
Jan 200602,09260.598.93$18,689
Dec 200502,23054.9413.42$29,916
Nov 200501,14854.6910.59$12,155
Oct 200501,19558.3413.80$16,486
Sep 200502,06261.4512.08$24,907
Aug 200503,10261.519.80$30,390
Jul 200523,39255.697.84$26,717
Jun 200542,92552.337.38$21,799
May 200551,96945.226.65$13,322
Apr 200552,44849.207.36$18,264
Mar 200542,72750.377.15$19,713
Feb 200542,37045.226.31$15,140
Jan 200531,44543.166.32$9,265
Dec 200421,07439.866.75$7,330
Nov 200431,33445.286.33$8,581
Oct 200441,39849.706.52$9,307
Sep 200431,83343.245.28$9,815
Aug 200421,32942.375.55$7,462
Jul 200421,45638.286.08$8,935
Jun 200421,95636.106.43$12,655
May 200431,59737.486.49$10,484
Apr 200411,42734.475.86$8,394
Mar 200431,50034.365.53$8,398
Feb 200421,65132.455.51$9,161
Jan 200441,75932.036.30$11,209
Dec 200341,39230.266.30$8,893
Nov 200351,52828.804.60$7,165
Oct 200351,64928.174.76$7,990
Sep 200351,66226.314.75$8,025
Aug 200341,69929.765.13$8,834
Jul 200351,60329.415.17$8,436
Jun 200361,82028.565.98$11,060
May 200342,16826.595.97$13,055
Apr 200381,34026.675.41$7,459
Mar 200391,73431.146.10$10,851
Feb 2003111,56633.487.93$12,780
Jan 2003111,63530.315.58$9,460
Dec 2002191,85626.914.85$9,520
Nov 2002192,51824.664.14$10,885
Oct 2002172,59226.464.23$11,412
Sep 2002182,80427.443.64$10,687
Aug 2002212,98025.963.16$9,974
Jul 2002292,99124.583.06$9,871
Jun 2002532,30823.733.34$8,962
May 2002411,89424.663.58$7,799
Apr 2002772,51223.653.51$10,644
Mar 2002882,63622.003.10$10,115
Feb 20021152,63018.222.38$8,343
Jan 20021072,36117.172.38$7,446
Dec 20011152,75016.932.36$8,449
Nov 20011092,87518.072.41$8,886
Oct 20011093,01219.782.53$9,773
Sep 2001752,78924.262.25$8,098
Aug 2001883,39024.873.05$12,539
Jul 2001842,90123.933.20$11,285
Jun 2001872,97224.563.82$13,502
May 2001503,39725.524.31$15,908
Apr 2001923,35024.685.34$20,144
Mar 2001743,66424.545.38$21,515
Feb 2001813,17327.755.77$20,547
Jan 20011103,89827.478.40$35,760
Dec 20001163,26126.889.12$32,867
Nov 2000782,68032.215.66$17,676
Oct 2000682,12831.235.15$13,073
Sep 2000652,64131.875.19$15,769
Aug 2000943,06729.644.54$16,713
Jul 2000852,14228.534.09$11,185
Jun 2000542,43629.304.40$12,294
May 2000972,66527.263.68$12,451
Apr 20001053,50724.513.12$13,501
Mar 20001423,36228.422.86$13,650
Feb 20001323,34227.622.73$12,758
Jan 20001203,38725.272.48$11,434
Dec 19991063,45924.282.42$10,957
Nov 19991073,27923.192.43$10,462
Oct 1999883,42420.982.80$11,446
Sep 1999913,43021.752.62$10,962
Aug 1999953,24019.262.88$11,147
Jul 1999883,38517.892.37$9,605
Jun 1999233,07815.942.36$7,637
May 1999242,91115.792.32$7,135
Apr 1999222,53615.102.21$5,932
Mar 1999363,10012.471.84$6,148
Feb 1999232,2209.981.82$4,265
Jan 1999332,79810.381.90$5,659
Dec 1998322,6349.201.77$4,965
Nov 1998382,59610.892.19$6,088
Oct 1998392,73812.421.97$5,876
Sep 1998352,46212.592.08$5,568
Aug 1998302,51611.301.91$5,138
Jul 1998322,59611.742.24$6,184
Jun 199882,37311.242.24$5,399
May 1998122,62412.622.21$5,941
Apr 1998112,67013.042.51$6,833
Mar 1998163,43312.802.31$8,133
Feb 1998183,61513.952.30$8,562
Jan 1998224,46214.702.15$9,938
Dec 1997204,37916.322.41$10,885
Nov 1997234,11918.193.09$13,139
Oct 1997254,58719.253.15$14,929
Sep 1997225,10717.742.95$15,481
Aug 1997315,66317.862.55$15,021
Jul 1997375,48017.582.25$12,964
Jun 1997344,78117.242.26$11,378
May 1997574,85118.972.31$12,280
Apr 1997544,82417.882.08$11,013
Mar 1997655,01718.951.94$10,960
Feb 1997474,49220.492.21$10,872
Jan 1997283,44623.483.54$12,855
Dec 1996282,79123.32$653
Nov 1996172,82121.97$373
Oct 1996303,57223.31$699
Sep 1996273,64122.22$600
Aug 1996403,82020.26$810
Jul 1996343,88919.55$665
Jun 1996713,55618.73$1,330
May 19962923,95619.43$5,674
Apr 19963213,86621.51$6,905
Mar 19963694,17619.38$7,151
Feb 19966494,08916.98$11,020
Jan 19964775,19517.07$8,142
Dec 19956585,26317.19$11,311
Nov 19954074,99916.00$6,512
Oct 19953135,33115.43$4,830
Sep 19954345,38216.18$7,022
Aug 19952585,53415.92$4,107
Jul 19954035,48615.24$6,142
Jun 19953195,51016.41$5,235
May 19953225,60817.56$5,654
Apr 19954055,62517.73$7,181
Mar 19954785,91616.44$7,858
Feb 19953945,07916.58$6,533
Jan 19953995,85815.92$6,352
Dec 19945495,72415.03$8,251
Nov 19944185,51415.90$6,646
Oct 19943556,02215.58$5,531
Sep 19943375,81415.29$5,153
Aug 19943196,19216.13$5,145
Jul 19942526,57417.56$4,425
Jun 1994436,61717.09$735
May 1994516,67515.88$810
Apr 1994536,32414.14$749
Mar 1994666,65612.46$822
Feb 1994785,32212.50$975
Jan 19941246,53812.66$1,570
Dec 19933386,34612.33$4,168
Nov 19933555,24714.49$5,144
Oct 19933157,08315.85$4,993
Sep 19932896,97515.03$4,344
Aug 19932797,23315.66$4,369
Jul 19932937,01015.46$4,530
Jun 19932877,34916.79$4,819
May 19933567,68717.68$6,294
Apr 19933567,44118.05$6,426
Mar 19933577,63518.14$6,476
Feb 19933017,17017.90$5,388
Jan 19933898,16616.93$6,586

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             2 bbl  × $ 26.47 =        $53
Gas                   44 Mcf  × $  2.06 =        $91

────────────────────────────────────────────────────
Month total                                     $144

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/95343 is the state's own key, not one this site invented.