PETTY C

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 280322District 03Field 936681202 tax incentive programmesCondensateGasSaveExport
Value, all time
$27.2 M
Jan 2015 – May 2026
Value, last 12 filed months
$3.3 M
at the published price for each month
Months reported
137
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 Gas112016-12-29219704
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
CondensateDisposition391,734 bbl$23,267,996
GasProduction1,194,454 Mcf$3,926,528
Total$27,194,525

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 30.4269, -94.3310. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.42692, -94.33103 · 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
12,788 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 12,788 ft.

Completions filed
Jan 2015
1 of 1 wells

1 well

42-19933490212,788 ftJan 2015

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 (137)

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

137 months

May 20263,52013,633106.413.05$416,087
Apr 20263,31414,51798.932.87$369,514
Mar 20263,47016,20889.753.15$362,479
Feb 20263,12114,03463.503.75$250,815
Jan 20263,44315,66959.138.00$328,904
Dec 20253,52516,24256.664.41$271,408
Nov 20253,09314,98158.593.93$240,041
Oct 20253,61415,42859.383.30$265,586
Sep 20252,00810,00462.743.08$156,763
Aug 20251,4916,26163.933.01$114,195
Jul 20253,08312,32566.743.32$246,619
Jun 20253,30414,62166.483.13$265,395
May 20253,47515,05860.553.23$259,084
Apr 20253,39415,51962.363.54$266,636
Mar 20253,53714,63267.704.27$301,909
Feb 20253,02513,02270.884.34$270,938
Jan 20253,01411,58074.324.28$273,548
Dec 20242,93713,33068.993.12$244,231
Nov 20243,33914,71569.052.20$262,908
Oct 20243,22013,85571.372.28$261,420
Sep 20242,96814,14369.612.36$240,042
Aug 20243,17113,96375.632.06$268,637
Jul 20243,53413,91579.932.15$312,342
Jun 20243,33414,18178.082.63$297,671
May 20243,48315,23778.812.20$307,993
Apr 20243,55615,50984.451.66$326,037
Mar 20243,64715,61380.301.55$316,978
Feb 20243,06012,32476.091.78$254,817
Jan 20243,23213,37473.023.30$280,104
Dec 20233,55514,86671.262.61$292,140
Nov 20232,3569,82977.892.81$211,104
Oct 20233,03513,50885.443.09$301,013
Sep 20232,63412,91389.042.74$269,849
Aug 20232,34912,04380.522.67$221,331
Jul 20232,57813,47874.852.64$228,569
Jun 20233,05913,79568.962.26$242,104
May 20233,00116,44270.622.23$248,554
Apr 20232,69513,98378.122.24$241,824
Mar 20232,76315,45872.852.39$238,278
Feb 20232,99415,95075.112.47$264,207
Jan 20232,64614,24676.533.39$250,760
Dec 20222,95613,80876.415.73$304,975
Nov 20223,62417,01385.005.65$404,099
Oct 20222,69514,11387.185.86$317,705
Sep 20223,30117,03084.888.16$419,216
Aug 20223,06715,41494.529.13$430,579
Jul 20221,61610,119101.587.54$240,472
Jun 20221,2992,666115.097.98$170,769
May 20221,4592,770109.378.43$182,930
Apr 20221,3552,706104.226.84$159,721
Mar 20221,6083,031108.885.08$190,466
Feb 20221,6703,09991.054.86$167,111
Jan 20221,7303,28481.844.54$156,485
Dec 20211,6113,69871.323.90$129,315
Nov 20211,8433,55277.435.24$161,305
Oct 20211,7573,05679.795.71$157,653
Sep 20211,6364,52569.865.35$138,504
Aug 20211,7815,28466.024.22$139,883
Jul 20211,8433,98070.783.98$146,296
Jun 20211,5593,62269.493.38$120,580
May 20211,9454,60663.483.02$137,368
Apr 20211,9594,32460.362.76$130,173
Mar 20211,8705,32461.302.72$129,096
Feb 20211,4903,78157.805.55$107,099
Jan 20211,8325,53050.412.81$107,892
Dec 20201,8235,05944.642.68$94,914
Nov 20201,9014,83538.772.71$86,788
Oct 20201,5884,93236.972.48$70,932
Sep 20202,1354,43037.091.99$88,007
Aug 20201,4854,99739.982.39$71,289
Jul 20206,6255,24138.371.83$263,767
Jun 202005,06834.901.69$8,566
May 202004,70516.921.81$8,538
Apr 20201554,51514.751.80$10,433
Mar 20201,9824,97030.341.86$69,359
Feb 20201,7959,38149.881.98$108,115
Jan 20202,3204,83357.252.09$142,944
Dec 20191,9415,03059.012.30$126,129
Nov 20192,0374,98855.302.75$126,367
Oct 20192,1455,39453.472.42$127,739
Sep 20192,1395,15455.052.66$131,448
Aug 20191,9305,10553.112.30$114,266
Jul 20192,2665,27956.272.46$140,494
Jun 20192,0244,77452.782.49$118,720
May 20192,1905,27758.482.74$142,532
Apr 20192,5375,82362.632.75$174,910
Mar 20191,4073,55956.803.06$90,816
Feb 20191,6704,68950.852.79$98,012
Jan 20192,2485,52146.033.23$121,298
Dec 20182,4276,30046.594.19$139,442
Nov 20182,7175,94852.934.24$169,014
Oct 20182,8435,85161.443.40$194,556
Sep 20182,2095,70559.543.11$149,255
Aug 20182,7846,12459.403.07$184,149
Jul 20182,8365,37965.142.93$200,508
Jun 20182,2645,56660.183.08$153,374
May 20182,7666,42665.382.90$199,482
Apr 20183,1006,12063.842.90$215,657
Mar 20182,4545,53361.222.79$165,653
Feb 20182,5094,82961.782.77$168,364
Jan 20182,7115,52862.874.01$192,604
Dec 20172,9395,45957.272.92$184,265
Nov 20172,9475,67855.423.12$181,029
Oct 20172,1434,46949.292.98$118,963
Sep 20173,2285,58647.523.09$170,640
Aug 20172,1485,42745.373.00$113,760
Jul 20172,7606,37043.873.09$140,747
Jun 20173,1587,19342.493.09$156,390
May 20173,5427,54945.373.26$185,336
Apr 20173,1887,13747.933.21$175,722
Mar 20173,4127,63646.772.98$182,363
Feb 20173,3657,25450.452.95$191,182
Jan 20173,7056,18949.413.42$204,223
Dec 20163,6248,25548.763.72$207,438
Nov 20163,75410,26942.492.64$186,662
Oct 20164,0359,41446.193.09$215,468
Sep 20163,8468,86941.553.10$187,301
Aug 20164,0118,93241.442.92$192,336
Jul 20163,9207,96241.622.92$186,434
Jun 20164,1849,07745.352.69$214,124
May 20164,8399,89142.521.99$225,448
Apr 20164,2767,87636.561.99$172,012
Mar 20163,7457,54333.011.79$137,155
Feb 20164,5377,85626.472.06$136,306
Jan 20165,4539,00527.352.36$170,431
Dec 20155,6199,69932.362.00$201,243
Nov 20156,30910,81838.792.17$268,172
Oct 20155,87411,14243.552.43$282,850
Sep 20156,55812,40642.992.76$316,149
Aug 20157,38415,05140.162.87$339,775
Jul 201529388248.152.95$16,706
Jun 201531478756.152.88$19,900
May 20153,0716,30955.212.96$188,196
Apr 20153,5877,08549.822.71$197,880
Mar 20155,3168,11242.892.93$251,810
Feb 20154,9626,31144.662.98$240,386
Jan 20153,6425,34943.433.10$174,757

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         3,520 bbl  × $106.41 =   $374,563
Gas               13,633 Mcf  × $  3.05 =    $41,524

────────────────────────────────────────────────────
Month total                                 $416,087

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/280322 is the state's own key, not one this site invented.