PETTY RANCH

Operated by ROSETTA RESOURCES OPERATING LP (P-5 728883) in the CATARINA, SW. (OLMOS-2) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14287District 01Field 16340600OilCasinghead gasSaveExport
Value, all time
$698 k
Dec 1999 – Oct 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
167
no gaps in the span
Streams
2
oil, casinghead 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 7 leases and 8 wells, and the rule below applies to all of them.

Discovered
1975-11-15
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition15,575 bbl$418,447
Casinghead gasProduction64,941 Mcf$279,484
Total$697,931

Every month this lease reported (167)

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

167 months

Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20051045.226.65$45
Apr 20052049.207.36$98
Mar 20057050.377.15$353
Feb 20053935545.226.31$4,004
Jan 200594343.166.32$660
Dec 20044110639.866.75$2,350
Nov 20046945245.286.33$5,986
Oct 20046626749.706.52$5,020
Sep 20046949243.245.28$5,583
Aug 200411294342.375.55$9,980
Jul 20047290238.286.08$8,244
Jun 20048085936.106.43$8,414
May 20048962137.486.49$7,369
Apr 20046168334.475.86$6,104
Mar 20049575734.365.53$7,451
Feb 20049572332.455.51$7,066
Jan 200415884432.036.30$10,378
Dec 200319382930.266.30$11,064
Nov 200319080628.804.60$9,176
Oct 200320196428.174.76$10,250
Sep 200319377026.314.75$8,735
Aug 200312370129.765.13$7,256
Jul 200321184829.415.17$10,590
Jun 200318790328.565.98$10,743
May 200314784826.595.97$8,974
Apr 200331883426.675.41$12,991
Mar 20033571,52531.146.10$20,413
Feb 20035051,53433.487.93$29,066
Jan 20034991,70130.315.58$24,620
Dec 20027822,06426.914.85$31,062
Nov 20025982,32624.664.14$24,369
Oct 20025482,46626.464.23$24,929
Sep 20024732,33027.443.64$21,449
Aug 20024392,09025.963.16$18,010
Jul 20023231,48724.583.06$12,492
Jun 20022101,04923.733.34$8,485
May 20021891,18724.663.58$8,915
Apr 200214039423.653.51$4,695
Mar 20022801,59822.003.10$11,118
Feb 20023391,59918.222.38$9,975
Jan 200214749617.172.38$3,702
Dec 20012861,36916.932.36$8,079
Nov 200118882618.072.41$5,384
Oct 20014211,67819.782.53$12,571
Sep 20017122,47924.262.25$22,854
Aug 20015581,80724.873.05$19,395
Jul 20016892,05223.933.20$23,048
Jun 20014741,67024.563.82$18,028
May 20011351,44725.524.31$9,678
Apr 20014818724.685.34$2,182
Mar 20012637824.545.38$2,670
Feb 200115679327.755.77$8,902
Jan 200110531527.478.40$5,530
Dec 200029385326.889.12$15,657
Nov 20003031,24332.215.66$16,793
Oct 200020895331.235.15$11,400
Sep 20003017031.875.19$1,838
Aug 200013029.644.54$385
Jul 20006620228.534.09$2,709
Jun 2000342929.304.40$1,124
May 200023952527.263.68$8,447
Apr 20003571,43024.513.12$13,206
Mar 20004281,02928.422.86$15,106
Feb 20005351,52827.622.73$18,943
Jan 20005342,16325.272.48$18,860
Dec 19998041924.282.42$2,958

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.

May 2005 — as filed, then multipliedworked
Oil                    1 bbl  × $ 45.22 =        $45
Casinghead gas         0 Mcf  × $  6.65 =         $0

────────────────────────────────────────────────────
Month total                                      $45

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/O/14287 is the state's own key, not one this site invented.