PETTY, O. S. "B"

Name: PETTY, O. S. "B" lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by WHITE OAK OPERATING COMPANY LLC (P-5 916954) in the GOLD RIVER, NORTH (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 101260District 04Field 35566500NGPA filingCondensateGasSave Export

Value, all time

$799 k

Jan 1993 – Jun 2018

Value, last 12 filed months

at the published price for each month

Months reported

306

no gaps in the span

Streams

condensate, gas

The GOLD RIVER, NORTH (OLMOS) field

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 830 leases and 840 wells, and the rule below applies to all of them.

Discovered

1978-10-01

as the register files it

Field class

Oil and gas

the register's own label

Between wells

933 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 2005-10-25.

The Commission's schedule remark for this field reads: “REMAIN SUSPENDED.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	147 bbl	$4,883
Gas	Production	196,664 Mcf	$794,221
Total			$799,104

42,206 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.

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 28.0875, -99.8909. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.08754, -99.89094 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

5,560 ft

1 wells filed one

Completion to plug

36.0 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

NeitherNo plug date, and not on the schedule.

00.0%

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 5,560 ft.

Completions filed

Jun 1982

1 of 1 wells

Plug dates filed

Jun 2018

1 of 1 wells

Last completion to plug: a median of 36.0 years across the 1 well that filed both dates, with the middle half between 36.0 years and 36.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47933336	6017	5,560 ft	Jun 1982	Jun 2018	Yes

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 (306)

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

306 months


Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	2	37	45.35	2.69	$190
May 2016	0	224	42.52	1.99	$446
Apr 2016	0	225	36.56	1.99	$448
Mar 2016	3	234	33.01	1.79	$519
Feb 2016	0	169	26.47	2.06	$349
Jan 2016	0	358	27.35	2.36	$846
Dec 2015	38	486	32.36	2.00	$2,202
Nov 2015	21	450	38.79	2.17	$1,790
Oct 2015	0	476	43.55	2.43	$1,155
Sep 2015	0	391	42.99	2.76	$1,079
Aug 2015	4	446	40.16	2.87	$1,442
Jul 2015	0	342	48.15	2.95	$1,007
Jun 2015	0	273	56.15	2.88	$787
May 2015	0	378	55.21	2.96	$1,117
Apr 2015	0	647	49.82	2.71	$1,751
Mar 2015	0	571	42.89	2.93	$1,676
Feb 2015	3	440	44.66	2.98	$1,444
Jan 2015	4	402	43.43	3.10	$1,420
Dec 2014	0	420	54.69	3.59	$1,508
Nov 2014	0	381	70.46	4.25	$1,620
Oct 2014	0	391	78.30	3.90	$1,525
Sep 2014	0	303	86.16	4.05	$1,226
Aug 2014	2	255	89.39	4.04	$1,208
Jul 2014	0	364	96.56	4.18	$1,521
Jun 2014	0	368	98.16	4.74	$1,743
May 2014	0	401	94.73	4.73	$1,895
Apr 2014	2	384	95.94	4.81	$2,039
Mar 2014	0	396	95.89	5.06	$2,002
Feb 2014	2	335	97.40	6.19	$2,269
Jan 2014	0	409	90.40	4.86	$1,988
Dec 2013	1	339	91.82	4.35	$1,568
Nov 2013	0	232	88.85	3.74	$867
Oct 2013	0	220	97.42	3.78	$831
Sep 2013	0	190	104.11	3.72	$706
Aug 2013	0	215	104.25	3.52	$757
Jul 2013	0	207	102.52	3.72	$770
Jun 2013	0	169	94.40	3.93	$665
May 2013	0	158	94.83	4.15	$656
Apr 2013	0	147	93.96	4.28	$630
Mar 2013	0	155	93.62	3.91	$606
Feb 2013	1	135	91.23	3.42	$553
Jan 2013	0	144	91.60	3.42	$492
Dec 2012	0	147	86.77	3.42	$503
Nov 2012	0	140	86.95	3.62	$507
Oct 2012	1	144	89.38	3.40	$579
Sep 2012	0	139	94.67	2.92	$406
Aug 2012	0	148	92.66	2.91	$430
Jul 2012	0	149	85.13	3.02	$450
Jun 2012	0	151	79.82	2.52	$380
May 2012	0	158	91.61	2.49	$393
Apr 2012	0	166	101.65	2.00	$331
Mar 2012	1	146	105.05	2.22	$429
Feb 2012	0	447	101.10	2.57	$1,149
Jan 2012	0	505	98.09	2.73	$1,381
Dec 2011	0	479	96.87	3.24	$1,552
Nov 2011	1	462	95.72	3.31	$1,626
Oct 2011	0	529	84.98	3.65	$1,930
Sep 2011	0	217	83.62	3.99	$865
Aug 2011	0	488	83.40	4.15	$2,025
Jul 2011	0	204	94.14	4.52	$922
Jun 2011	0	755	92.90	4.64	$3,503
May 2011	0	371	98.13	4.40	$1,634
Apr 2011	0	296	105.96	4.33	$1,283
Mar 2011	1	327	96.36	4.06	$1,423
Feb 2011	0	98	85.64	4.18	$410
Jan 2011	0	112	86.50	4.59	$514
Dec 2010	0	58	85.73	4.35	$252
Nov 2010	0	78	80.84	3.80	$296
Oct 2010	0	72	78.10	3.51	$253
Sep 2010	0	94	72.63	3.98	$374
Aug 2010	0	340	73.68	4.42	$1,503
Jul 2010	0	275	72.55	4.74	$1,303
Jun 2010	0	383	70.36	4.91	$1,881
May 2010	0	582	71.12	4.24	$2,465
Apr 2010	0	472	81.69	4.12	$1,946
Mar 2010	0	508	78.39	4.39	$2,229
Feb 2010	0	248	73.58	5.44	$1,350
Jan 2010	0	228	74.36	5.96	$1,360
Dec 2009	0	193	71.44	5.48	$1,058
Nov 2009	0	199	74.59	3.75	$747
Oct 2009	0	210	72.54	4.11	$863
Sep 2009	0	124	65.54	3.06	$380
Aug 2009	0	185	67.42	3.22	$595
Jul 2009	0	195	61.13	3.46	$676
Jun 2009	0	225	66.16	3.90	$876
May 2009	0	273	54.74	3.93	$1,072
Apr 2009	0	205	46.77	3.59	$735
Mar 2009	0	220	42.14	4.06	$893
Feb 2009	0	162	32.81	4.63	$751
Jan 2009	0	138	35.86	5.37	$741
Dec 2008	0	362	37.10	5.98	$2,164
Nov 2008	0	322	55.49	6.86	$2,209
Oct 2008	0	356	75.24	6.92	$2,464
Sep 2008	0	351	101.76	7.88	$2,765
Aug 2008	0	339	114.22	8.48	$2,876
Jul 2008	0	341	131.08	11.39	$3,884
Jun 2008	0	364	131.33	13.03	$4,744
May 2008	0	508	123.17	11.57	$5,880
Apr 2008	0	469	110.31	10.45	$4,903
Mar 2008	0	789	101.90	9.66	$7,625
Feb 2008	0	810	92.53	8.77	$7,104
Jan 2008	0	922	90.38	8.21	$7,566
Dec 2007	0	1,901	88.33	7.30	$13,881
Nov 2007	0	2,070	91.67	7.29	$15,094
Oct 2007	0	1,926	82.85	6.92	$13,332
Sep 2007	0	1,664	75.84	6.24	$10,390
Aug 2007	0	1,652	69.06	6.39	$10,553
Jul 2007	0	2,338	70.90	6.39	$14,935
Jun 2007	0	1,425	62.00	7.55	$10,757
May 2007	0	1,637	58.74	7.85	$12,844
Apr 2007	0	1,128	59.61	7.81	$8,804
Mar 2007	0	1,158	56.92	7.30	$8,456
Feb 2007	0	1,011	55.10	8.22	$8,306
Jan 2007	0	1,095	50.30	6.73	$7,366
Dec 2006	0	981	56.65	6.92	$6,787
Nov 2006	0	2,188	54.20	7.62	$16,667
Oct 2006	0	2,122	54.90	6.01	$12,761
Sep 2006	0	2,297	60.08	5.04	$11,570
Aug 2006	0	1,548	68.71	7.34	$11,362
Jul 2006	0	1,877	69.37	6.34	$11,905
Jun 2006	0	670	66.28	6.38	$4,277
May 2006	0	866	66.01	6.42	$5,564
Apr 2006	0	833	64.39	7.36	$6,131
Mar 2006	0	936	56.70	7.08	$6,630
Feb 2006	0	855	57.59	7.75	$6,627
Jan 2006	0	943	60.59	8.93	$8,424
Dec 2005	0	966	54.94	13.42	$12,959
Nov 2005	0	982	54.69	10.59	$10,398
Oct 2005	0	971	58.34	13.80	$13,396
Sep 2005	0	976	61.45	12.08	$11,789
Aug 2005	0	1,011	61.51	9.80	$9,905
Jul 2005	0	1,048	55.69	7.84	$8,220
Jun 2005	0	1,059	52.33	7.38	$7,817
May 2005	0	1,005	45.22	6.65	$6,684
Apr 2005	0	975	49.20	7.36	$7,176
Mar 2005	0	809	50.37	7.15	$5,788
Feb 2005	0	891	45.22	6.31	$5,624
Jan 2005	0	1,036	43.16	6.32	$6,550
Dec 2004	0	974	39.86	6.75	$6,576
Nov 2004	0	872	45.28	6.33	$5,520
Oct 2004	0	903	49.70	6.52	$5,883
Sep 2004	0	883	43.24	5.28	$4,666
Aug 2004	0	862	42.37	5.55	$4,785
Jul 2004	0	727	38.28	6.08	$4,423
Jun 2004	0	699	36.10	6.43	$4,497
May 2004	0	811	37.48	6.49	$5,267
Apr 2004	0	733	34.47	5.86	$4,294
Mar 2004	0	846	34.36	5.53	$4,679
Feb 2004	0	806	32.45	5.51	$4,441
Jan 2004	0	816	32.03	6.30	$5,141
Dec 2003	0	799	30.26	6.30	$5,035
Nov 2003	0	894	28.80	4.60	$4,108
Oct 2003	0	959	28.17	4.76	$4,564
Sep 2003	0	905	26.31	4.75	$4,298
Aug 2003	0	983	29.76	5.13	$5,043
Jul 2003	0	1,089	29.41	5.17	$5,631
Jun 2003	0	1,042	28.56	5.98	$6,234
May 2003	0	788	26.59	5.97	$4,706
Apr 2003	0	714	26.67	5.41	$3,861
Mar 2003	0	864	31.14	6.10	$5,267
Feb 2003	0	728	33.48	7.93	$5,770
Jan 2003	0	803	30.31	5.58	$4,482
Dec 2002	0	913	26.91	4.85	$4,431
Nov 2002	0	793	24.66	4.14	$3,281
Oct 2002	0	810	26.46	4.23	$3,426
Sep 2002	0	742	27.44	3.64	$2,697
Aug 2002	0	723	25.96	3.16	$2,288
Jul 2002	0	532	24.58	3.06	$1,629
Jun 2002	0	842	23.73	3.34	$2,811
May 2002	0	801	24.66	3.58	$2,871
Apr 2002	0	874	23.65	3.51	$3,070
Mar 2002	0	678	22.00	3.10	$2,104
Feb 2002	0	717	18.22	2.38	$1,703
Jan 2002	0	974	17.17	2.38	$2,314
Dec 2001	0	710	16.93	2.36	$1,679
Nov 2001	0	498	18.07	2.41	$1,198
Oct 2001	0	519	19.78	2.53	$1,312
Sep 2001	0	584	24.26	2.25	$1,315
Aug 2001	0	701	24.87	3.05	$2,140
Jul 2001	0	636	23.93	3.20	$2,033
Jun 2001	0	750	24.56	3.82	$2,868
May 2001	0	738	25.52	4.31	$3,179
Apr 2001	0	752	24.68	5.34	$4,012
Mar 2001	0	902	24.54	5.38	$4,850
Feb 2001	0	679	27.75	5.77	$3,916
Jan 2001	0	894	27.47	8.40	$7,508
Dec 2000	0	842	26.88	9.12	$7,681
Nov 2000	0	828	32.21	5.66	$4,685
Oct 2000	0	847	31.23	5.15	$4,358
Sep 2000	0	839	31.87	5.19	$4,351
Aug 2000	0	898	29.64	4.54	$4,078
Jul 2000	0	838	28.53	4.09	$3,427
Jun 2000	0	861	29.30	4.40	$3,786
May 2000	0	940	27.26	3.68	$3,459
Apr 2000	0	885	24.51	3.12	$2,758
Mar 2000	0	895	28.42	2.86	$2,559
Feb 2000	0	840	27.62	2.73	$2,290
Jan 2000	0	950	25.27	2.48	$2,356
Dec 1999	0	922	24.28	2.42	$2,235
Nov 1999	0	833	23.19	2.43	$2,028
Oct 1999	0	878	20.98	2.80	$2,462
Sep 1999	0	827	21.75	2.62	$2,166
Aug 1999	0	855	19.26	2.88	$2,459
Jul 1999	0	939	17.89	2.37	$2,228
Jun 1999	0	955	15.94	2.36	$2,256
May 1999	0	915	15.79	2.32	$2,124
Apr 1999	0	1,241	15.10	2.21	$2,740
Mar 1999	0	1,994	12.47	1.84	$3,666
Feb 1999	0	1,340	9.98	1.82	$2,436
Jan 1999	0	1,321	10.38	1.90	$2,510
Dec 1998	0	1,012	9.20	1.77	$1,795
Nov 1998	0	614	10.89	2.19	$1,342
Oct 1998	0	662	12.42	1.97	$1,304
Sep 1998	0	635	12.59	2.08	$1,322
Aug 1998	0	669	11.30	1.91	$1,276
Jul 1998	0	646	11.74	2.24	$1,445
Jun 1998	0	650	11.24	2.24	$1,454
May 1998	0	740	12.62	2.21	$1,633
Apr 1998	0	780	13.04	2.51	$1,954
Mar 1998	0	696	12.80	2.31	$1,607
Feb 1998	0	658	13.95	2.30	$1,513
Jan 1998	0	743	14.70	2.15	$1,601
Dec 1997	0	568	16.32	2.41	$1,370
Nov 1997	0	902	18.19	3.09	$2,786
Oct 1997	0	0	19.25	3.15	$0
Sep 1997	0	306	17.74	2.95	$904
Aug 1997	0	474	17.86	2.55	$1,211
Jul 1997	0	479	17.58	2.25	$1,076
Jun 1997	0	442	17.24	2.26	$998
May 1997	0	496	18.97	2.31	$1,145
Apr 1997	0	495	17.88	2.08	$1,031
Mar 1997	0	556	18.95	1.94	$1,078
Feb 1997	0	495	20.49	2.21	$1,092
Jan 1997	0	500	23.48	3.54	$1,770
Dec 1996	0	508	23.32	—	$0
Nov 1996	0	505	21.97	—	$0
Oct 1996	0	582	23.31	—	$0
Sep 1996	0	590	22.22	—	$0
Aug 1996	0	636	20.26	—	$0
Jul 1996	0	648	19.55	—	$0
Jun 1996	0	630	18.73	—	$0
May 1996	0	686	19.43	—	$0
Apr 1996	0	655	21.51	—	$0
Mar 1996	0	675	19.38	—	$0
Feb 1996	0	657	16.98	—	$0
Jan 1996	0	725	17.07	—	$0
Dec 1995	0	765	17.19	—	$0
Nov 1995	0	800	16.00	—	$0
Oct 1995	0	885	15.43	—	$0
Sep 1995	0	941	16.18	—	$0
Aug 1995	0	956	15.92	—	$0
Jul 1995	0	1,002	15.24	—	$0
Jun 1995	0	946	16.41	—	$0
May 1995	1	952	17.56	—	$18
Apr 1995	0	944	17.73	—	$0
Mar 1995	0	993	16.44	—	$0
Feb 1995	0	887	16.58	—	$0
Jan 1995	0	1,090	15.92	—	$0
Dec 1994	0	1,138	15.03	—	$0
Nov 1994	0	1,067	15.90	—	$0
Oct 1994	0	1,090	15.58	—	$0
Sep 1994	0	1,093	15.29	—	$0
Aug 1994	0	1,199	16.13	—	$0
Jul 1994	0	1,277	17.56	—	$0
Jun 1994	0	1,327	17.09	—	$0
May 1994	0	1,375	15.88	—	$0
Apr 1994	0	1,178	14.14	—	$0
Mar 1994	0	1,178	12.46	—	$0
Feb 1994	0	1,084	12.50	—	$0
Jan 1994	0	1,228	12.66	—	$0
Dec 1993	0	1,265	12.33	—	$0
Nov 1993	0	1,131	14.49	—	$0
Oct 1993	1	1,249	15.85	—	$16
Sep 1993	2	1,243	15.03	—	$30
Aug 1993	0	993	15.66	—	$0
Jul 1993	3	318	15.46	—	$46
Jun 1993	5	489	16.79	—	$84
May 1993	8	553	17.68	—	$141
Apr 1993	11	882	18.05	—	$199
Mar 1993	9	317	18.14	—	$163
Feb 1993	10	277	17.90	—	$179
Jan 1993	10	597	16.93	—	$169

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.

Jun 2016 — as filed, then multipliedworked

Condensate             2 bbl  × $ 45.35 =        $91
Gas                   37 Mcf  × $  2.69 =        $99

────────────────────────────────────────────────────
Month total                                     $190

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. 04/G/101260 is the state's own key, not one this site invented.