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 107933District 04Field 35566500NGPA filingCondensateGasSave Export

Value, all time

$686 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	71 bbl	$3,153
Gas	Production	197,117 Mcf	$682,698
Total			$685,851

50,202 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 28.1107, -99.8887. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.11074, -99.88866 · 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

5,450 ft

1 wells filed one

Completion to plug

34.7 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 5,450 ft.

Completions filed

Oct 1983

1 of 1 wells

Plug dates filed

Jun 2018

1 of 1 wells

Last completion to plug: a median of 34.7 years across the 1 well that filed both dates, with the middle half between 34.7 years and 34.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47933599	6020	5,450 ft	Oct 1983	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	149	42.52	1.99	$297
Apr 2016	0	181	36.56	1.99	$360
Mar 2016	3	290	33.01	1.79	$619
Feb 2016	0	362	26.47	2.06	$747
Jan 2016	0	300	27.35	2.36	$709
Dec 2015	32	311	32.36	2.00	$1,658
Nov 2015	12	249	38.79	2.17	$1,005
Oct 2015	0	257	43.55	2.43	$624
Sep 2015	0	226	42.99	2.76	$623
Aug 2015	2	284	40.16	2.87	$896
Jul 2015	0	178	48.15	2.95	$524
Jun 2015	0	140	56.15	2.88	$404
May 2015	0	122	55.21	2.96	$361
Apr 2015	0	303	49.82	2.71	$820
Mar 2015	0	382	42.89	2.93	$1,121
Feb 2015	2	412	44.66	2.98	$1,316
Jan 2015	2	181	43.43	3.10	$648
Dec 2014	0	202	54.69	3.59	$725
Nov 2014	0	263	70.46	4.25	$1,118
Oct 2014	0	342	78.30	3.90	$1,334
Sep 2014	0	313	86.16	4.05	$1,266
Aug 2014	2	253	89.39	4.04	$1,200
Jul 2014	0	365	96.56	4.18	$1,526
Jun 2014	0	353	98.16	4.74	$1,672
May 2014	0	407	94.73	4.73	$1,924
Apr 2014	2	392	95.94	4.81	$2,077
Mar 2014	0	432	95.89	5.06	$2,185
Feb 2014	2	357	97.40	6.19	$2,405
Jan 2014	0	393	90.40	4.86	$1,910
Dec 2013	1	316	91.82	4.35	$1,468
Nov 2013	0	241	88.85	3.74	$901
Oct 2013	0	203	97.42	3.78	$767
Sep 2013	0	161	104.11	3.72	$599
Aug 2013	0	181	104.25	3.52	$638
Jul 2013	0	170	102.52	3.72	$632
Jun 2013	0	154	94.40	3.93	$606
May 2013	0	156	94.83	4.15	$647
Apr 2013	0	148	93.96	4.28	$634
Mar 2013	0	155	93.62	3.91	$606
Feb 2013	1	136	91.23	3.42	$556
Jan 2013	0	152	91.60	3.42	$520
Dec 2012	0	148	86.77	3.42	$506
Nov 2012	0	142	86.95	3.62	$515
Oct 2012	1	165	89.38	3.40	$650
Sep 2012	0	145	94.67	2.92	$423
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	171	101.65	2.00	$341
Mar 2012	1	147	105.05	2.22	$432
Feb 2012	0	554	101.10	2.57	$1,424
Jan 2012	0	692	98.09	2.73	$1,892
Dec 2011	0	603	96.87	3.24	$1,954
Nov 2011	1	521	95.72	3.31	$1,821
Oct 2011	0	282	84.98	3.65	$1,029
Sep 2011	0	186	83.62	3.99	$741
Aug 2011	0	240	83.40	4.15	$996
Jul 2011	0	272	94.14	4.52	$1,229
Jun 2011	0	214	92.90	4.64	$993
May 2011	0	638	98.13	4.40	$2,810
Apr 2011	0	356	105.96	4.33	$1,543
Mar 2011	1	215	96.36	4.06	$969
Feb 2011	0	302	85.64	4.18	$1,262
Jan 2011	0	301	86.50	4.59	$1,381
Dec 2010	0	478	85.73	4.35	$2,078
Nov 2010	0	629	80.84	3.80	$2,387
Oct 2010	0	369	78.10	3.51	$1,295
Sep 2010	0	288	72.63	3.98	$1,146
Aug 2010	0	159	73.68	4.42	$703
Jul 2010	0	291	72.55	4.74	$1,378
Jun 2010	0	1,021	70.36	4.91	$5,014
May 2010	0	1,615	71.12	4.24	$6,840
Apr 2010	0	1,576	81.69	4.12	$6,497
Mar 2010	0	1,735	78.39	4.39	$7,614
Feb 2010	0	785	73.58	5.44	$4,272
Jan 2010	0	534	74.36	5.96	$3,185
Dec 2009	0	579	71.44	5.48	$3,175
Nov 2009	0	691	74.59	3.75	$2,592
Oct 2009	0	897	72.54	4.11	$3,687
Sep 2009	0	738	65.54	3.06	$2,262
Aug 2009	0	405	67.42	3.22	$1,303
Jul 2009	0	726	61.13	3.46	$2,515
Jun 2009	0	443	66.16	3.90	$1,725
May 2009	0	585	54.74	3.93	$2,297
Apr 2009	0	376	46.77	3.59	$1,349
Mar 2009	0	224	42.14	4.06	$909
Feb 2009	0	628	32.81	4.63	$2,910
Jan 2009	0	264	35.86	5.37	$1,418
Dec 2008	0	638	37.10	5.98	$3,813
Nov 2008	0	68	55.49	6.86	$467
Oct 2008	0	919	75.24	6.92	$6,361
Sep 2008	0	341	101.76	7.88	$2,686
Aug 2008	0	373	114.22	8.48	$3,164
Jul 2008	0	658	131.08	11.39	$7,494
Jun 2008	0	535	131.33	13.03	$6,972
May 2008	0	677	123.17	11.57	$7,836
Apr 2008	0	660	110.31	10.45	$6,900
Mar 2008	0	694	101.90	9.66	$6,707
Feb 2008	0	511	92.53	8.77	$4,482
Jan 2008	0	562	90.38	8.21	$4,612
Dec 2007	0	537	88.33	7.30	$3,921
Nov 2007	0	525	91.67	7.29	$3,828
Oct 2007	0	787	82.85	6.92	$5,448
Sep 2007	0	686	75.84	6.24	$4,283
Aug 2007	0	774	69.06	6.39	$4,944
Jul 2007	0	566	70.90	6.39	$3,616
Jun 2007	0	457	62.00	7.55	$3,450
May 2007	0	492	58.74	7.85	$3,860
Apr 2007	0	790	59.61	7.81	$6,166
Mar 2007	0	791	56.92	7.30	$5,776
Feb 2007	0	720	55.10	8.22	$5,916
Jan 2007	0	763	50.30	6.73	$5,133
Dec 2006	0	760	56.65	6.92	$5,258
Nov 2006	0	783	54.20	7.62	$5,964
Oct 2006	0	903	54.90	6.01	$5,430
Sep 2006	0	960	60.08	5.04	$4,836
Aug 2006	0	832	68.71	7.34	$6,107
Jul 2006	0	927	69.37	6.34	$5,880
Jun 2006	0	857	66.28	6.38	$5,471
May 2006	0	729	66.01	6.42	$4,684
Apr 2006	0	930	64.39	7.36	$6,845
Mar 2006	0	996	56.70	7.08	$7,055
Feb 2006	0	611	57.59	7.75	$4,736
Jan 2006	0	617	60.59	8.93	$5,512
Dec 2005	0	747	54.94	13.42	$10,021
Nov 2005	0	797	54.69	10.59	$8,439
Oct 2005	0	565	58.34	13.80	$7,795
Sep 2005	0	1,060	61.45	12.08	$12,804
Aug 2005	0	874	61.51	9.80	$8,562
Jul 2005	0	967	55.69	7.84	$7,585
Jun 2005	0	745	52.33	7.38	$5,499
May 2005	0	854	45.22	6.65	$5,680
Apr 2005	0	685	49.20	7.36	$5,042
Mar 2005	0	360	50.37	7.15	$2,576
Feb 2005	0	5	45.22	6.31	$32
Jan 2005	0	307	43.16	6.32	$1,941
Dec 2004	0	454	39.86	6.75	$3,065
Nov 2004	0	731	45.28	6.33	$4,628
Oct 2004	0	603	49.70	6.52	$3,929
Sep 2004	0	670	43.24	5.28	$3,540
Aug 2004	0	926	42.37	5.55	$5,140
Jul 2004	0	766	38.28	6.08	$4,660
Jun 2004	0	802	36.10	6.43	$5,159
May 2004	0	919	37.48	6.49	$5,969
Apr 2004	0	908	34.47	5.86	$5,319
Mar 2004	0	1,004	34.36	5.53	$5,552
Feb 2004	0	1,006	32.45	5.51	$5,543
Jan 2004	0	1,093	32.03	6.30	$6,886
Dec 2003	0	1,014	30.26	6.30	$6,390
Nov 2003	0	1,026	28.80	4.60	$4,715
Oct 2003	0	1,056	28.17	4.76	$5,026
Sep 2003	0	835	26.31	4.75	$3,966
Aug 2003	0	981	29.76	5.13	$5,032
Jul 2003	0	933	29.41	5.17	$4,824
Jun 2003	0	1,056	28.56	5.98	$6,318
May 2003	0	996	26.59	5.97	$5,949
Apr 2003	0	986	26.67	5.41	$5,332
Mar 2003	0	1,261	31.14	6.10	$7,687
Feb 2003	0	836	33.48	7.93	$6,626
Jan 2003	0	1,092	30.31	5.58	$6,096
Dec 2002	0	679	26.91	4.85	$3,296
Nov 2002	0	1,198	24.66	4.14	$4,956
Oct 2002	0	971	26.46	4.23	$4,106
Sep 2002	0	1,323	27.44	3.64	$4,809
Aug 2002	0	1,077	25.96	3.16	$3,408
Jul 2002	0	264	24.58	3.06	$808
Jun 2002	0	145	23.73	3.34	$484
May 2002	0	231	24.66	3.58	$828
Apr 2002	0	267	23.65	3.51	$938
Mar 2002	0	350	22.00	3.10	$1,086
Feb 2002	0	303	18.22	2.38	$720
Jan 2002	0	803	17.17	2.38	$1,908
Dec 2001	0	1,808	16.93	2.36	$4,275
Nov 2001	0	180	18.07	2.41	$433
Oct 2001	0	190	19.78	2.53	$480
Sep 2001	0	208	24.26	2.25	$468
Aug 2001	0	981	24.87	3.05	$2,995
Jul 2001	0	1,187	23.93	3.20	$3,795
Jun 2001	0	106	24.56	3.82	$405
May 2001	0	111	25.52	4.31	$478
Apr 2001	0	445	24.68	5.34	$2,374
Mar 2001	0	1,237	24.54	5.38	$6,651
Feb 2001	0	834	27.75	5.77	$4,810
Jan 2001	0	70	27.47	8.40	$588
Dec 2000	0	120	26.88	9.12	$1,095
Nov 2000	0	72	32.21	5.66	$407
Oct 2000	0	105	31.23	5.15	$540
Sep 2000	0	136	31.87	5.19	$705
Aug 2000	0	142	29.64	4.54	$645
Jul 2000	0	134	28.53	4.09	$548
Jun 2000	0	228	29.30	4.40	$1,003
May 2000	0	255	27.26	3.68	$938
Apr 2000	0	336	24.51	3.12	$1,047
Mar 2000	0	386	28.42	2.86	$1,104
Feb 2000	0	941	27.62	2.73	$2,566
Jan 2000	0	977	25.27	2.48	$2,423
Dec 1999	0	914	24.28	2.42	$2,215
Nov 1999	0	912	23.19	2.43	$2,220
Oct 1999	0	1,053	20.98	2.80	$2,952
Sep 1999	0	958	21.75	2.62	$2,509
Aug 1999	0	1,045	19.26	2.88	$3,005
Jul 1999	0	1,073	17.89	2.37	$2,546
Jun 1999	0	786	15.94	2.36	$1,857
May 1999	0	1,446	15.79	2.32	$3,356
Apr 1999	0	728	15.10	2.21	$1,607
Mar 1999	0	1,350	12.47	1.84	$2,482
Feb 1999	0	1,184	9.98	1.82	$2,152
Jan 1999	0	872	10.38	1.90	$1,657
Dec 1998	0	761	9.20	1.77	$1,350
Nov 1998	0	341	10.89	2.19	$745
Oct 1998	0	1,148	12.42	1.97	$2,261
Sep 1998	0	1,347	12.59	2.08	$2,805
Aug 1998	0	1,308	11.30	1.91	$2,495
Jul 1998	0	927	11.74	2.24	$2,074
Jun 1998	0	980	11.24	2.24	$2,193
May 1998	0	1,187	12.62	2.21	$2,619
Apr 1998	0	1,103	13.04	2.51	$2,763
Mar 1998	0	1,290	12.80	2.31	$2,979
Feb 1998	0	1,095	13.95	2.30	$2,518
Jan 1998	0	1,170	14.70	2.15	$2,521
Dec 1997	0	1,201	16.32	2.41	$2,896
Nov 1997	0	1,071	18.19	3.09	$3,308
Oct 1997	0	1,124	19.25	3.15	$3,540
Sep 1997	0	1,306	17.74	2.95	$3,859
Aug 1997	0	1,433	17.86	2.55	$3,661
Jul 1997	0	1,289	17.58	2.25	$2,896
Jun 1997	0	1,141	17.24	2.26	$2,575
May 1997	0	1,297	18.97	2.31	$2,994
Apr 1997	0	1,320	17.88	2.08	$2,749
Mar 1997	0	1,437	18.95	1.94	$2,787
Feb 1997	0	1,249	20.49	2.21	$2,755
Jan 1997	0	1,375	23.48	3.54	$4,867
Dec 1996	0	1,379	23.32	—	$0
Nov 1996	0	1,362	21.97	—	$0
Oct 1996	0	1,463	23.31	—	$0
Sep 1996	0	1,186	22.22	—	$0
Aug 1996	0	1,293	20.26	—	$0
Jul 1996	0	1,420	19.55	—	$0
Jun 1996	0	1,442	18.73	—	$0
May 1996	0	1,472	19.43	—	$0
Apr 1996	0	1,327	21.51	—	$0
Mar 1996	0	1,260	19.38	—	$0
Feb 1996	0	1,448	16.98	—	$0
Jan 1996	0	1,415	17.07	—	$0
Dec 1995	0	1,495	17.19	—	$0
Nov 1995	0	1,451	16.00	—	$0
Oct 1995	0	1,440	15.43	—	$0
Sep 1995	0	1,488	16.18	—	$0
Aug 1995	0	1,613	15.92	—	$0
Jul 1995	0	1,649	15.24	—	$0
Jun 1995	0	1,521	16.41	—	$0
May 1995	1	1,562	17.56	—	$18
Apr 1995	0	1,544	17.73	—	$0
Mar 1995	0	1,651	16.44	—	$0
Feb 1995	0	1,492	16.58	—	$0
Jan 1995	0	1,779	15.92	—	$0
Dec 1994	0	1,869	15.03	—	$0
Nov 1994	0	1,958	15.90	—	$0
Oct 1994	0	2,081	15.58	—	$0
Sep 1994	0	467	15.29	—	$0
Aug 1994	0	442	16.13	—	$0
Jul 1994	0	453	17.56	—	$0
Jun 1994	0	412	17.09	—	$0
May 1994	0	427	15.88	—	$0
Apr 1994	0	371	14.14	—	$0
Mar 1994	0	357	12.46	—	$0
Feb 1994	0	577	12.50	—	$0
Jan 1994	0	464	12.66	—	$0
Dec 1993	0	372	12.33	—	$0
Nov 1993	0	475	14.49	—	$0
Oct 1993	0	321	15.85	—	$0
Sep 1993	0	444	15.03	—	$0
Aug 1993	0	811	15.66	—	$0
Jul 1993	0	522	15.46	—	$0
Jun 1993	0	392	16.79	—	$0
May 1993	0	263	17.68	—	$0
Apr 1993	0	323	18.05	—	$0
Mar 1993	1	464	18.14	—	$18
Feb 1993	1	421	17.90	—	$18
Jan 1993	1	364	16.93	—	$17

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/107933 is the state's own key, not one this site invented.