PETTY, O. S.

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

Operated by ROSETTA RESOURCES OPERATING LP (P-5 728883) 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 111534District 04Field 35566500NGPA filingCondensateGasSave Export

Value, all time

$558 k

Jan 1993 – Jul 2013

Value, last 12 filed months

$3 k

at the published price for each month

Months reported

247

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	447 bbl	$10,190
Gas	Production	132,268 Mcf	$547,789
Total			$557,980

24,932 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 28.0699, -99.8924. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.06988, -99.89238 · 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

5,625 ft

1 wells filed one

Completion to plug

29.3 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 5,625 ft.

Completions filed

Apr 1984

1 of 1 wells

Plug dates filed

Jul 2013

1 of 1 wells

Last completion to plug: a median of 29.3 years across the 1 well that filed both dates, with the middle half between 29.3 years and 29.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47933297	1023	5,625 ft	Apr 1984	Jul 2013	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 (247)

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

247 months


Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	897	92.66	2.91	$2,609
Jul 2012	0	858	85.13	3.02	$2,592
Jun 2012	0	884	79.82	2.52	$2,227
May 2012	0	905	91.61	2.49	$2,252
Apr 2012	0	891	101.65	2.00	$1,779
Mar 2012	4	869	105.05	2.22	$2,351
Feb 2012	0	313	101.10	2.57	$804
Jan 2012	0	134	98.09	2.73	$366
Dec 2011	0	104	96.87	3.24	$337
Nov 2011	0	120	95.72	3.31	$397
Oct 2011	0	89	84.98	3.65	$325
Sep 2011	0	740	83.62	3.99	$2,949
Aug 2011	0	119	83.40	4.15	$494
Jul 2011	0	109	94.14	4.52	$492
Jun 2011	0	1,093	92.90	4.64	$5,071
May 2011	0	201	98.13	4.40	$885
Apr 2011	0	90	105.96	4.33	$390
Mar 2011	0	70	96.36	4.06	$284
Feb 2011	0	97	85.64	4.18	$405
Jan 2011	0	89	86.50	4.59	$408
Dec 2010	0	91	85.73	4.35	$396
Nov 2010	0	101	80.84	3.80	$383
Oct 2010	0	120	78.10	3.51	$421
Sep 2010	0	102	72.63	3.98	$406
Aug 2010	0	98	73.68	4.42	$433
Jul 2010	0	115	72.55	4.74	$545
Jun 2010	0	199	70.36	4.91	$977
May 2010	0	282	71.12	4.24	$1,194
Apr 2010	0	276	81.69	4.12	$1,138
Mar 2010	0	287	78.39	4.39	$1,260
Feb 2010	0	210	73.58	5.44	$1,143
Jan 2010	0	254	74.36	5.96	$1,515
Dec 2009	0	250	71.44	5.48	$1,371
Nov 2009	0	240	74.59	3.75	$900
Oct 2009	0	214	72.54	4.11	$880
Sep 2009	0	134	65.54	3.06	$411
Aug 2009	0	186	67.42	3.22	$599
Jul 2009	0	312	61.13	3.46	$1,081
Jun 2009	0	328	66.16	3.90	$1,278
May 2009	0	504	54.74	3.93	$1,979
Apr 2009	0	369	46.77	3.59	$1,324
Mar 2009	0	381	42.14	4.06	$1,546
Feb 2009	0	426	32.81	4.63	$1,974
Jan 2009	0	182	35.86	5.37	$978
Dec 2008	0	245	37.10	5.98	$1,464
Nov 2008	0	190	55.49	6.86	$1,303
Oct 2008	0	160	75.24	6.92	$1,108
Sep 2008	0	190	101.76	7.88	$1,497
Aug 2008	0	156	114.22	8.48	$1,323
Jul 2008	0	251	131.08	11.39	$2,859
Jun 2008	0	339	131.33	13.03	$4,418
May 2008	0	379	123.17	11.57	$4,387
Apr 2008	0	368	110.31	10.45	$3,847
Mar 2008	0	426	101.90	9.66	$4,117
Feb 2008	0	384	92.53	8.77	$3,368
Jan 2008	0	508	90.38	8.21	$4,169
Dec 2007	0	867	88.33	7.30	$6,331
Nov 2007	0	916	91.67	7.29	$6,679
Oct 2007	0	875	82.85	6.92	$6,057
Sep 2007	0	720	75.84	6.24	$4,496
Aug 2007	0	808	69.06	6.39	$5,161
Jul 2007	0	868	70.90	6.39	$5,545
Jun 2007	0	768	62.00	7.55	$5,797
May 2007	0	962	58.74	7.85	$7,548
Apr 2007	0	658	59.61	7.81	$5,136
Mar 2007	0	919	56.92	7.30	$6,711
Feb 2007	0	823	55.10	8.22	$6,762
Jan 2007	0	880	50.30	6.73	$5,920
Dec 2006	0	820	56.65	6.92	$5,673
Nov 2006	0	824	54.20	7.62	$6,277
Oct 2006	0	483	54.90	6.01	$2,905
Sep 2006	0	669	60.08	5.04	$3,370
Aug 2006	0	601	68.71	7.34	$4,411
Jul 2006	0	993	69.37	6.34	$6,298
Jun 2006	0	838	66.28	6.38	$5,350
May 2006	0	847	66.01	6.42	$5,442
Apr 2006	0	813	64.39	7.36	$5,984
Mar 2006	0	672	56.70	7.08	$4,760
Feb 2006	0	471	57.59	7.75	$3,651
Jan 2006	0	598	60.59	8.93	$5,342
Dec 2005	0	657	54.94	13.42	$8,814
Nov 2005	0	612	54.69	10.59	$6,480
Oct 2005	0	510	58.34	13.80	$7,036
Sep 2005	0	496	61.45	12.08	$5,991
Aug 2005	0	502	61.51	9.80	$4,918
Jul 2005	0	455	55.69	7.84	$3,569
Jun 2005	0	501	52.33	7.38	$3,698
May 2005	0	494	45.22	6.65	$3,286
Apr 2005	0	426	49.20	7.36	$3,136
Mar 2005	0	483	50.37	7.15	$3,456
Feb 2005	0	823	45.22	6.31	$5,195
Jan 2005	0	819	43.16	6.32	$5,178
Dec 2004	0	314	39.86	6.75	$2,120
Nov 2004	0	314	45.28	6.33	$1,988
Oct 2004	0	582	49.70	6.52	$3,792
Sep 2004	0	935	43.24	5.28	$4,940
Aug 2004	0	1,322	42.37	5.55	$7,338
Jul 2004	0	1,310	38.28	6.08	$7,970
Jun 2004	0	1,233	36.10	6.43	$7,932
May 2004	0	1,313	37.48	6.49	$8,527
Apr 2004	0	1,167	34.47	5.86	$6,837
Mar 2004	0	1,378	34.36	5.53	$7,621
Feb 2004	0	1,292	32.45	5.51	$7,118
Jan 2004	1	1,454	32.03	6.30	$9,192
Dec 2003	1	1,344	30.26	6.30	$8,500
Nov 2003	0	1,546	28.80	4.60	$7,104
Oct 2003	0	1,614	28.17	4.76	$7,682
Sep 2003	6	1,516	26.31	4.75	$7,358
Aug 2003	6	1,610	29.76	5.13	$8,437
Jul 2003	30	1,563	29.41	5.17	$8,964
Jun 2003	24	1,081	28.56	5.98	$7,153
May 2003	6	601	26.59	5.97	$3,749
Apr 2003	6	680	26.67	5.41	$3,837
Mar 2003	9	807	31.14	6.10	$5,200
Feb 2003	5	728	33.48	7.93	$5,937
Jan 2003	5	645	30.31	5.58	$3,752
Dec 2002	6	613	26.91	4.85	$3,137
Nov 2002	6	602	24.66	4.14	$2,638
Oct 2002	2	616	26.46	4.23	$2,658
Sep 2002	2	733	27.44	3.64	$2,719
Aug 2002	2	610	25.96	3.16	$1,982
Jul 2002	2	498	24.58	3.06	$1,574
Jun 2002	1	559	23.73	3.34	$1,890
May 2002	2	672	24.66	3.58	$2,458
Apr 2002	3	876	23.65	3.51	$3,148
Mar 2002	3	567	22.00	3.10	$1,825
Feb 2002	3	365	18.22	2.38	$922
Jan 2002	5	459	17.17	2.38	$1,176
Dec 2001	4	478	16.93	2.36	$1,198
Nov 2001	5	480	18.07	2.41	$1,245
Oct 2001	2	512	19.78	2.53	$1,334
Sep 2001	1	365	24.26	2.25	$846
Aug 2001	1	339	24.87	3.05	$1,060
Jul 2001	1	287	23.93	3.20	$941
Jun 2001	2	367	24.56	3.82	$1,453
May 2001	3	362	25.52	4.31	$1,636
Apr 2001	5	417	24.68	5.34	$2,348
Mar 2001	6	498	24.54	5.38	$2,825
Feb 2001	4	480	27.75	5.77	$2,879
Jan 2001	5	664	27.47	8.40	$5,714
Dec 2000	5	546	26.88	9.12	$5,115
Nov 2000	1	218	32.21	5.66	$1,266
Oct 2000	3	427	31.23	5.15	$2,291
Sep 2000	2	416	31.87	5.19	$2,221
Aug 2000	2	710	29.64	4.54	$3,283
Jul 2000	2	692	28.53	4.09	$2,887
Jun 2000	4	727	29.30	4.40	$3,314
May 2000	6	766	27.26	3.68	$2,982
Apr 2000	4	813	24.51	3.12	$2,631
Mar 2000	8	767	28.42	2.86	$2,421
Feb 2000	5	679	27.62	2.73	$1,989
Jan 2000	6	724	25.27	2.48	$1,948
Dec 1999	7	683	24.28	2.42	$1,825
Nov 1999	6	593	23.19	2.43	$1,583
Oct 1999	6	656	20.98	2.80	$1,965
Sep 1999	5	659	21.75	2.62	$1,835
Aug 1999	6	696	19.26	2.88	$2,117
Jul 1999	8	712	17.89	2.37	$1,832
Jun 1999	5	746	15.94	2.36	$1,842
May 1999	3	775	15.79	2.32	$1,846
Apr 1999	2	745	15.10	2.21	$1,675
Mar 1999	4	805	12.47	1.84	$1,530
Feb 1999	0	539	9.98	1.82	$980
Jan 1999	4	688	10.38	1.90	$1,349
Dec 1998	0	635	9.20	1.77	$1,126
Nov 1998	3	342	10.89	2.19	$780
Oct 1998	0	417	12.42	1.97	$821
Sep 1998	0	368	12.59	2.08	$766
Aug 1998	1	286	11.30	1.91	$557
Jul 1998	0	262	11.74	2.24	$586
Jun 1998	1	243	11.24	2.24	$555
May 1998	0	263	12.62	2.21	$580
Apr 1998	2	238	13.04	2.51	$622
Mar 1998	1	360	12.80	2.31	$844
Feb 1998	0	288	13.95	2.30	$662
Jan 1998	3	318	14.70	2.15	$729
Dec 1997	2	422	16.32	2.41	$1,050
Nov 1997	2	357	18.19	3.09	$1,139
Oct 1997	4	413	19.25	3.15	$1,378
Sep 1997	0	467	17.74	2.95	$1,380
Aug 1997	3	470	17.86	2.55	$1,254
Jul 1997	2	407	17.58	2.25	$950
Jun 1997	0	420	17.24	2.26	$948
May 1997	2	478	18.97	2.31	$1,141
Apr 1997	3	497	17.88	2.08	$1,089
Mar 1997	2	530	18.95	1.94	$1,066
Feb 1997	3	457	20.49	2.21	$1,070
Jan 1997	2	448	23.48	3.54	$1,633
Dec 1996	2	388	23.32	—	$47
Nov 1996	0	410	21.97	—	$0
Oct 1996	2	417	23.31	—	$47
Sep 1996	2	413	22.22	—	$44
Aug 1996	0	402	20.26	—	$0
Jul 1996	2	404	19.55	—	$39
Jun 1996	2	415	18.73	—	$37
May 1996	4	424	19.43	—	$78
Apr 1996	0	420	21.51	—	$0
Mar 1996	5	420	19.38	—	$97
Feb 1996	0	438	16.98	—	$0
Jan 1996	3	450	17.07	—	$51
Dec 1995	2	488	17.19	—	$34
Nov 1995	3	500	16.00	—	$48
Oct 1995	3	492	15.43	—	$46
Sep 1995	3	472	16.18	—	$49
Aug 1995	7	498	15.92	—	$111
Jul 1995	0	490	15.24	—	$0
Jun 1995	3	446	16.41	—	$49
May 1995	7	464	17.56	—	$123
Apr 1995	3	465	17.73	—	$53
Mar 1995	4	510	16.44	—	$66
Feb 1995	4	437	16.58	—	$66
Jan 1995	3	505	15.92	—	$48
Dec 1994	4	543	15.03	—	$60
Nov 1994	4	514	15.90	—	$64
Oct 1994	4	565	15.58	—	$62
Sep 1994	3	565	15.29	—	$46
Aug 1994	3	589	16.13	—	$48
Jul 1994	0	548	17.56	—	$0
Jun 1994	4	574	17.09	—	$68
May 1994	3	595	15.88	—	$48
Apr 1994	5	526	14.14	—	$71
Mar 1994	3	599	12.46	—	$37
Feb 1994	4	526	12.50	—	$50
Jan 1994	4	579	12.66	—	$51
Dec 1993	4	636	12.33	—	$49
Nov 1993	0	594	14.49	—	$0
Oct 1993	4	848	15.85	—	$63
Sep 1993	3	616	15.03	—	$45
Aug 1993	0	948	15.66	—	$0
Jul 1993	2	565	15.46	—	$31
Jun 1993	2	508	16.79	—	$34
May 1993	2	611	17.68	—	$35
Apr 1993	1	563	18.05	—	$18
Mar 1993	2	531	18.14	—	$36
Feb 1993	1	429	17.90	—	$18
Jan 1993	2	592	16.93	—	$34

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.

Aug 2012 — as filed, then multipliedworked

Condensate             0 bbl  × $ 92.66 =         $0
Gas                  897 Mcf  × $  2.91 =     $2,609

────────────────────────────────────────────────────
Month total                                   $2,609

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/111534 is the state's own key, not one this site invented.