PETTY

Operated by UNION GAS OPERATING COMPANY (P-5 876500) in the VICKERS (WILCOX MIDDLE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 229622District 03Field 936681202 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.6 M
Aug 2006 – May 2026
Value, last 12 filed months
$87 k
at the published price for each month
Months reported
238
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 18 leases and 18 wells, and the rule below applies to all of them.

Discovered
2003-04-05
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 40 acres. The field rule took effect on 2003-09-09.

The Commission's schedule remark for this field reads: INITIAL COMPLETION OF EACH WELL.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112007-12-12179437
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition91,757 bbl$6,361,289
GasProduction376,079 Mcf$2,229,223
Total$8,590,512

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 30.4285, -94.3120. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.42849, -94.31203 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
12,700 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 12,700 ft.

Completions filed
Aug 2006
1 of 1 wells

1 well

42-1993303620212,700 ftAug 2006

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (238)

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

238 months

May 2026202229106.413.05$22,192
Apr 2026030298.932.87$867
Mar 202621453489.753.15$20,888
Feb 2026033463.503.75$1,253
Jan 202616716659.138.00$11,202
Dec 2025016556.664.41$728
Nov 2025114058.593.93$6,679
Oct 202515031659.383.30$9,951
Sep 2025028862.743.08$886
Aug 202511832463.933.01$8,521
Jul 20253919266.743.32$3,239
Jun 2025018466.483.13$576
May 20257423060.553.23$5,224
Apr 202511638962.363.54$8,612
Mar 202578367.704.27$5,293
Feb 2025013670.884.34$590
Jan 202511832574.324.28$10,160
Dec 202415515768.993.12$11,184
Nov 2024012969.052.20$284
Oct 20249318671.372.28$7,062
Sep 2024026869.612.36$634
Aug 2024612475.632.06$4,663
Jul 202410152979.932.15$9,208
Jun 2024707878.082.63$5,671
May 202403978.812.20$86
Apr 2024027084.451.66$448
Mar 2024023880.301.55$368
Feb 202418039476.091.78$14,399
Jan 20244645473.023.30$4,856
Dec 20235735071.262.61$4,976
Nov 20235222177.892.81$4,671
Oct 20237322785.443.09$6,938
Sep 2023028689.042.74$782
Aug 2023658780.522.67$5,466
Jul 20237824174.852.64$6,475
Jun 202313337768.962.26$10,023
May 20233919570.622.23$3,189
Apr 202322842178.122.24$18,753
Mar 2023045572.852.39$1,089
Feb 202310542575.112.47$8,934
Jan 2023671876.533.39$5,188
Dec 2022010276.415.73$584
Nov 2022028985.005.65$1,632
Oct 202215029587.185.86$14,807
Sep 20228941184.888.16$10,910
Aug 202211414794.529.13$12,117
Jul 2022101278101.587.54$12,356
Jun 2022125401115.097.98$17,585
May 2022165278109.378.43$20,390
Apr 2022341,120104.226.84$11,202
Mar 202293632108.885.08$13,334
Feb 2022054891.054.86$2,663
Jan 20221391,09281.844.54$16,331
Dec 202128933471.323.90$21,914
Nov 2021062777.435.24$3,284
Oct 20219759379.795.71$11,128
Sep 20215968469.865.35$7,782
Aug 20219447766.024.22$8,219
Jul 20219942270.783.98$8,688
Jun 202112074969.493.38$10,871
May 20214919963.483.02$3,711
Apr 2021998160.362.76$6,199
Mar 20211231,33361.302.72$11,162
Feb 2021036957.805.55$2,047
Jan 2021012850.412.81$360
Dec 202011763644.642.68$6,924
Nov 2020054138.772.71$1,464
Oct 202018436536.972.48$7,707
Sep 2020057637.091.99$1,147
Aug 20200039.982.39$0
Jul 202017246538.371.83$7,448
Jun 2020063934.901.69$1,080
May 2020065516.921.81$1,189
Apr 202014634014.751.80$2,767
Mar 2020032830.341.86$609
Feb 202004249.881.98$83
Jan 202029569857.252.09$18,351
Dec 20190059.012.30$0
Nov 201911648255.302.75$7,741
Oct 201925234953.472.42$14,319
Sep 2019114055.052.66$6,276
Aug 201921953.112.30$150
Jul 20190056.272.46$0
Jun 20195535052.782.49$3,775
May 20190158.482.74$3
Apr 20190162.632.75$3
Mar 20190156.803.06$3
Feb 2019122050.852.79$666
Jan 201961146.033.23$312
Dec 201831446.594.19$198
Nov 20188564752.934.24$7,241
Oct 201827599661.443.40$20,280
Sep 2018058659.543.11$1,821
Aug 2018123859.403.07$829
Jul 2018284265.142.93$1,947
Jun 201803060.183.08$92
May 20180065.382.90$0
Apr 20181763.842.90$84
Mar 201810498161.222.79$9,101
Feb 20182351,23361.782.77$17,929
Jan 201831862.874.01$261
Dec 20172716157.272.92$2,017
Nov 20172721,17855.423.12$18,748
Oct 20172231,21149.292.98$14,605
Sep 201715868547.523.09$9,623
Aug 2017931,08145.373.00$7,467
Jul 20174794943.873.09$4,992
Jun 201713186442.493.09$8,234
May 2017011845.373.26$385
Apr 20174311747.933.21$2,437
Mar 20178915046.772.98$4,610
Feb 20174870150.452.95$4,491
Jan 20179185749.413.42$7,426
Dec 20164811548.763.72$2,769
Nov 20164813042.492.64$2,383
Oct 20164886246.193.09$4,881
Sep 20169358341.553.10$5,672
Aug 20164734041.442.92$2,942
Jul 20169095341.622.92$6,533
Jun 20165011345.352.69$2,571
May 2016016542.521.99$329
Apr 20164411136.561.99$1,830
Mar 2016013833.011.79$248
Feb 20169613826.472.06$2,826
Jan 2016871,11127.352.36$5,006
Dec 20153161,29032.362.00$12,808
Nov 2015621,09038.792.17$4,767
Oct 20152811,96343.552.43$17,001
Sep 201517593742.992.76$10,108
Aug 20151951,20540.162.87$11,293
Jul 20156054148.152.95$4,482
Jun 2015070956.152.88$2,044
May 2015059855.212.96$1,767
Apr 20155079449.822.71$4,640
Mar 201511783242.892.93$7,460
Feb 2015691,06344.662.98$6,245
Jan 20152818743.433.10$1,796
Dec 20146038154.693.59$4,650
Nov 20144036270.464.25$4,358
Oct 201413998278.303.90$14,714
Sep 20147245086.164.05$8,024
Aug 20146958389.394.04$8,520
Jul 20148461696.564.18$10,686
Jun 20142517098.164.74$3,259
May 20147584094.734.73$11,075
Apr 20143153995.944.81$5,566
Mar 201417193095.895.06$21,100
Feb 20147867797.406.19$11,789
Jan 201410050390.404.86$11,485
Dec 20131911,00991.824.35$21,931
Nov 20134522888.853.74$4,851
Oct 20134787897.423.78$7,897
Sep 2013110545104.113.72$13,478
Aug 20132191,343104.253.52$27,562
Jul 2013691,024102.523.72$10,881
Jun 20137432594.403.93$8,264
May 20139926794.834.15$10,496
Apr 20131551,15793.964.28$19,519
Mar 20131971,20093.623.91$23,139
Feb 201312076191.233.42$13,550
Jan 201312261991.603.42$13,292
Dec 201215987486.773.42$16,786
Nov 20122261,14686.953.62$23,805
Oct 201217178889.383.40$17,963
Sep 20122271,22994.672.92$25,077
Aug 201214367192.662.91$15,202
Jul 20122371,12685.133.02$23,577
Jun 201210788279.822.52$10,763
May 20122931,20491.612.49$29,838
Apr 20122141,545101.652.00$24,838
Mar 20123001,491105.052.22$34,828
Feb 20122681,245101.102.57$30,295
Jan 20123031,16798.092.73$32,912
Dec 20114232,14396.873.24$47,919
Nov 20112391,38095.723.31$27,447
Oct 20113011,59284.983.65$31,387
Sep 201128094283.623.99$27,168
Aug 20112731,12483.404.15$27,432
Jul 20112711,11694.144.52$30,553
Jun 20112941,91492.904.64$36,193
May 20112731,55298.134.40$33,626
Apr 2011299729105.964.33$34,841
Mar 201135363896.364.06$36,604
Feb 20113121,41085.644.18$32,613
Jan 20114512,54686.504.59$50,695
Dec 20104502,26485.734.35$48,422
Nov 20104092,06480.843.80$40,897
Oct 20104062,27778.103.51$39,698
Sep 20105032,25572.633.98$45,507
Aug 20102801,40673.684.42$26,844
Jul 20100072.554.74$0
Jun 20104821170.364.91$4,413
May 201018699271.124.24$17,430
Apr 20102101,13881.694.12$21,847
Mar 20102231,01578.394.39$21,935
Feb 20107736873.585.44$7,668
Jan 20103551,43174.365.96$34,932
Dec 20094861,38671.445.48$42,320
Nov 20092031,01774.593.75$18,957
Oct 20093061,37672.544.11$27,853
Sep 20093931,50765.543.06$30,376
Aug 20093371,07967.423.22$26,193
Jul 20094992,04761.133.46$37,596
Jun 20097083,15266.163.90$59,118
May 20095852,78754.743.93$42,964
Apr 20096512,86446.773.59$40,722
Mar 20096512,04642.144.06$35,738
Feb 20096522,03032.814.63$30,797
Jan 20097862,26835.865.37$40,367
Dec 20087724,39837.105.98$54,929
Nov 20087582,89655.496.86$61,929
Oct 20088602,92075.246.92$84,919
Sep 20088553,496101.767.88$114,543
Aug 20089254,330114.228.48$142,385
Jul 20081,1265,286131.0811.39$207,801
Jun 20081,1214,721131.3313.03$208,748
May 20081,0024,632123.1711.57$177,028
Apr 20089583,778110.3110.45$145,175
Mar 20081,1824,485101.909.66$163,789
Feb 20089792,41892.538.77$111,794
Jan 20081,3535,14390.388.21$164,486
Dec 20071,3246,94888.337.30$167,683
Nov 20071,4437,91991.677.29$190,023
Oct 20071,5938,05582.856.92$187,737
Sep 20071,6088,55075.846.24$175,338
Aug 20071,8389,22069.066.39$185,829
Jul 20072,4062,25770.906.39$185,003
Jun 20071,93710,26362.007.55$197,564
May 20072,42811,66558.747.85$234,148
Apr 20071,3905,57859.617.81$126,395
Mar 20072,36512,87756.927.30$228,643
Feb 20072,5848,61155.108.22$213,126
Jan 20073,29611,07250.306.73$240,268
Dec 20065,27615,76756.656.92$407,968
Nov 20065,56317,75154.207.62$436,732
Oct 20067,03718,83954.906.01$499,625
Sep 20067,97226,41660.085.04$612,020
Aug 20061,1183,03968.717.34$99,124

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 2026 — as filed, then multipliedworked
Condensate           202 bbl  × $106.41 =    $21,495
Gas                  229 Mcf  × $  3.05 =       $698

────────────────────────────────────────────────────
Month total                                  $22,192

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. 03/G/229622 is the state's own key, not one this site invented.