PETTY, O. S. "A"

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 98628District 01Field 16340900CondensateGasSaveExport
Value, all time
$665 k
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
CondensateDisposition812 bbl$57,883
GasProduction160,650 Mcf$607,185
Total$665,067

33,066 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 2016818626.472.06$596
Jan 20161570227.352.36$2,070
Dec 2015762532.362.00$1,477
Nov 20151756138.792.17$1,875
Oct 2015066143.552.43$1,604
Sep 2015987842.992.76$2,809
Aug 2015674340.162.87$2,375
Jul 2015554948.152.95$1,858
Jun 20151043156.152.88$1,804
May 2015737355.212.96$1,489
Apr 2015669849.822.71$2,188
Mar 2015656842.892.93$1,924
Feb 20151559044.662.98$2,426
Jan 2015033143.433.10$1,026
Dec 201402454.693.59$86
Nov 2014015070.464.25$638
Oct 2014878678.303.90$3,693
Sep 2014876986.164.05$3,800
Aug 20141579689.394.04$4,553
Jul 2014780896.564.18$4,053
Jun 2014660198.164.74$3,436
May 2014667394.734.73$3,749
Apr 20141268895.944.81$4,460
Mar 20141260895.895.06$4,225
Feb 20141668397.406.19$5,788
Jan 2014765790.404.86$3,826
Dec 2013774891.824.35$3,900
Nov 2013782488.853.74$3,702
Oct 2013061597.423.78$2,324
Sep 20138748104.113.72$3,614
Aug 20130923104.253.52$3,251
Jul 20137833102.523.72$3,815
Jun 2013083894.403.93$3,296
May 20131279694.834.15$4,441
Apr 2013073293.964.28$3,135
Mar 2013676793.623.91$3,563
Feb 2013767191.233.42$2,933
Jan 20131490791.603.42$4,384
Dec 2012881186.773.42$3,468
Nov 2012393386.953.62$3,643
Oct 2012381789.383.40$3,046
Sep 2012045694.672.92$1,331
Aug 2012048892.662.91$1,419
Jul 2012044585.133.02$1,344
Jun 2012038379.822.52$965
May 2012044491.612.49$1,105
Apr 20120521101.652.00$1,040
Mar 20120558105.052.22$1,240
Feb 20120838101.102.57$2,154
Jan 2012047298.092.73$1,290
Dec 2011047796.873.24$1,545
Nov 2011041295.723.31$1,364
Oct 2011026484.983.65$963
Sep 2011056983.623.99$2,268
Aug 2011042383.404.15$1,755
Jul 2011061194.144.52$2,760
Jun 2011063592.904.64$2,946
May 2011054198.134.40$2,383
Apr 20110427105.964.33$1,850
Mar 2011024896.364.06$1,006
Feb 2011023385.644.18$974
Jan 2011021186.504.59$968
Dec 2010025685.734.35$1,113
Nov 2010019480.843.80$736
Oct 2010021978.103.51$768
Sep 2010022772.633.98$903
Aug 2010015373.684.42$676
Jul 2010036772.554.74$1,738
Jun 2010040370.364.91$1,979
May 2010033871.124.24$1,432
Apr 2010035181.694.12$1,447
Mar 2010034778.394.39$1,523
Feb 2010027873.585.44$1,513
Jan 2010037574.365.96$2,237
Dec 2009038971.445.48$2,133
Nov 2009038274.593.75$1,433
Oct 2009044972.544.11$1,846
Sep 2009017265.543.06$527
Aug 2009027667.423.22$888
Jul 2009035361.133.46$1,223
Jun 2009031966.163.90$1,243
May 2009030754.743.93$1,205
Apr 2009040746.773.59$1,460
Mar 2009451942.144.06$2,275
Feb 2009257432.814.63$2,725
Jan 2009150235.865.37$2,732
Dec 2008238837.105.98$2,393
Nov 2008556155.496.86$4,126
Oct 20082551975.246.92$5,474
Sep 200828463101.767.88$6,496
Aug 200822602114.228.48$7,620
Jul 200822788131.0811.39$11,859
Jun 200821584131.3313.03$10,369
May 20080735123.1711.57$8,507
Apr 20080666110.3110.45$6,963
Mar 20080730101.909.66$7,055
Feb 2008076092.538.77$6,666
Jan 2008091690.388.21$7,516
Dec 2007074688.337.30$5,447
Nov 2007040891.677.29$2,975
Oct 2007028982.856.92$2,000
Sep 2007045375.846.24$2,829
Aug 2007040569.066.39$2,587
Jul 2007033470.906.39$2,134
Jun 2007034862.007.55$2,627
May 2007036558.747.85$2,864
Apr 2007031359.617.81$2,443
Mar 2007033056.927.30$2,410
Feb 2007044055.108.22$3,615
Jan 2007072350.306.73$4,864
Dec 2006059556.656.92$4,116
Nov 2006060954.207.62$4,639
Oct 2006143654.906.01$2,677
Sep 2006140660.085.04$2,105
Aug 2006260268.717.34$4,556
Jul 2006667269.376.34$4,679
Jun 20062140266.286.38$3,958
May 20063153366.016.42$5,471
Apr 20063959364.397.36$6,876
Mar 20063757656.707.08$6,178
Feb 20062761057.597.75$6,283
Jan 20062167960.598.93$7,338
Dec 20053660554.9413.42$10,094
Nov 20052150854.6910.59$6,527
Oct 20053960658.3413.80$10,635
Sep 20053464961.4512.08$9,929
Aug 20053870261.519.80$9,215
Jul 20053170955.697.84$7,288
Jun 2005068452.337.38$5,049
May 2005077145.226.65$5,128
Apr 2005051749.207.36$3,805
Mar 2005035850.377.15$2,561
Feb 2005066445.226.31$4,191
Jan 2005085343.166.32$5,393
Dec 2004067339.866.75$4,543
Nov 2004059245.286.33$3,748
Oct 2004063949.706.52$4,163
Sep 2004036943.245.28$1,950
Aug 2004040842.375.55$2,265
Jul 2004045638.286.08$2,774
Jun 2004057736.106.43$3,712
May 2004051637.486.49$3,351
Apr 2004068334.475.86$4,001
Mar 2004066634.365.53$3,683
Feb 2004061832.455.51$3,405
Jan 2004069532.036.30$4,378
Dec 2003077830.266.30$4,903
Nov 2003077328.804.60$3,552
Oct 2003068128.174.76$3,241
Sep 2003073426.314.75$3,486
Aug 2003082429.765.13$4,227
Jul 2003085129.415.17$4,400
Jun 2003084328.565.98$5,044
May 2003045526.595.97$2,718
Apr 2003045926.675.41$2,482
Mar 2003069831.146.10$4,255
Feb 2003048033.487.93$3,804
Jan 2003078130.315.58$4,360
Dec 2002084126.914.85$4,082
Nov 2002075624.664.14$3,128
Oct 2002068226.464.23$2,884
Sep 2002062327.443.64$2,265
Aug 2002072525.963.16$2,294
Jul 2002062724.583.06$1,920
Jun 2002048723.733.34$1,626
May 2002025924.663.58$928
Apr 2002038223.653.51$1,342
Mar 2002060622.003.10$1,880
Feb 2002053418.222.38$1,269
Jan 2002033817.172.38$803
Dec 2001044716.932.36$1,057
Nov 2001030718.072.41$738
Oct 2001048819.782.53$1,234
Sep 2001053224.262.25$1,198
Aug 2001070224.873.05$2,143
Jul 2001075623.933.20$2,417
Jun 200101724.563.82$65
May 2001079025.524.31$3,403
Apr 2001083724.685.34$4,466
Mar 2001078524.545.38$4,221
Feb 2001051227.755.77$2,953
Jan 2001050527.478.40$4,241
Dec 2000059726.889.12$5,446
Nov 2000051832.215.66$2,931
Oct 2000051931.235.15$2,671
Sep 2000049231.875.19$2,552
Aug 2000049829.644.54$2,261
Jul 2000061528.534.09$2,515
Jun 2000022729.304.40$998
May 2000014327.263.68$526
Apr 2000050024.513.12$1,558
Mar 2000047828.422.86$1,367
Feb 2000047127.622.73$1,284
Jan 2000080425.272.48$1,994
Dec 1999059924.282.42$1,452
Nov 1999057623.192.43$1,402
Oct 1999059120.982.80$1,657
Sep 1999070821.752.62$1,854
Aug 1999078319.262.88$2,252
Jul 1999079517.892.37$1,886
Jun 1999094415.942.36$2,230
May 1999092415.792.32$2,145
Apr 1999079115.102.21$1,747
Mar 1999085112.471.84$1,564
Feb 199904389.981.82$796
Jan 1999050510.381.90$959
Dec 199804629.201.77$819
Nov 1998038810.892.19$848
Oct 1998056412.421.97$1,111
Sep 1998062212.592.08$1,295
Aug 1998075311.301.91$1,436
Jul 1998067511.742.24$1,510
Jun 1998073511.242.24$1,644
May 1998067012.622.21$1,478
Apr 1998061013.042.51$1,528
Mar 1998082912.802.31$1,915
Feb 1998065413.952.30$1,504
Jan 1998033514.702.15$722
Dec 1997045716.322.41$1,102
Nov 1997042218.193.09$1,303
Oct 1997048219.253.15$1,518
Sep 1997039817.742.95$1,176
Aug 1997047317.862.55$1,208
Jul 1997033617.582.25$755
Jun 1997045217.242.26$1,020
May 1997051118.972.31$1,180
Apr 1997032417.882.08$675
Mar 1997044718.951.94$867
Feb 1997037320.492.21$823
Jan 1997033823.483.54$1,196
Dec 1996024923.32$0
Nov 1996032921.97$0
Oct 1996035423.31$0
Sep 1996039322.22$0
Aug 1996045020.26$0
Jul 1996060319.55$0
Jun 1996054118.73$0
May 1996054819.43$0
Apr 1996050121.51$0
Mar 1996056619.38$0
Feb 1996079616.98$0
Jan 1996072217.07$0
Dec 1995058417.19$0
Nov 1995051116.00$0
Oct 1995074515.43$0
Sep 1995069916.18$0
Aug 1995073615.92$0
Jul 1995083715.24$0
Jun 1995076016.41$0
May 1995079417.56$0
Apr 1995079017.73$0
Mar 1995077116.44$0
Feb 1995067916.58$0
Jan 1995075715.92$0
Dec 1994082615.03$0
Nov 1994050015.90$0
Oct 1994058915.58$0
Sep 1994076415.29$0
Aug 1994081116.13$0
Jul 1994047717.56$0
Jun 1994023717.09$0
May 1994023915.88$0
Apr 1994025014.14$0
Mar 1994045212.46$0
Feb 1994053012.50$0
Jan 1994071612.66$0
Dec 1993074312.33$0
Nov 1993088014.49$0
Oct 1993090315.85$0
Sep 1993093215.03$0
Aug 199301,12415.66$0
Jul 199301,18615.46$0
Jun 199301,17716.79$0
May 199301,26517.68$0
Apr 199301,07118.05$0
Mar 199301,33518.14$0
Feb 1993174917.90$18
Jan 1993459516.93$68

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                  186 Mcf  × $  2.06 =       $384

────────────────────────────────────────────────────
Month total                                     $596

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/98628 is the state's own key, not one this site invented.