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 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 113029District 04Field 35566500NGPA filingCondensateGasSave Export

Value, all time

$688 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	2	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	477 bbl	$18,632
Gas	Production	184,337 Mcf	$669,724
Total			$688,356

36,873 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 28.0526, -99.8621. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.05258, -99.86209 · 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

5,850 ft

1 wells filed one

Completion to plug

33.9 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 5,850 ft.

Completions filed

Jul 1984

1 of 1 wells

Plug dates filed

Jun 2018

1 of 1 wells

Last completion to plug: a median of 33.9 years across the 1 well that filed both dates, with the middle half between 33.9 years and 33.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47933861	7020	5,850 ft	Jul 1984	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	5	149	45.35	2.69	$627
May 2016	0	536	42.52	1.99	$1,067
Apr 2016	0	629	36.56	1.99	$1,252
Mar 2016	0	644	33.01	1.79	$1,155
Feb 2016	0	500	26.47	2.06	$1,032
Jan 2016	0	593	27.35	2.36	$1,402
Dec 2015	4	650	32.36	2.00	$1,430
Nov 2015	0	581	38.79	2.17	$1,259
Oct 2015	0	663	43.55	2.43	$1,609
Sep 2015	0	428	42.99	2.76	$1,181
Aug 2015	0	743	40.16	2.87	$2,134
Jul 2015	3	819	48.15	2.95	$2,556
Jun 2015	0	892	56.15	2.88	$2,572
May 2015	0	786	55.21	2.96	$2,323
Apr 2015	0	164	49.82	2.71	$444
Mar 2015	2	177	42.89	2.93	$605
Feb 2015	0	295	44.66	2.98	$878
Jan 2015	3	495	43.43	3.10	$1,665
Dec 2014	0	523	54.69	3.59	$1,878
Nov 2014	0	378	70.46	4.25	$1,607
Oct 2014	4	801	78.30	3.90	$3,438
Sep 2014	0	767	86.16	4.05	$3,103
Aug 2014	0	855	89.39	4.04	$3,450
Jul 2014	4	825	96.56	4.18	$3,834
Jun 2014	0	803	98.16	4.74	$3,804
May 2014	0	750	94.73	4.73	$3,545
Apr 2014	3	643	95.94	4.81	$3,380
Mar 2014	0	758	95.89	5.06	$3,833
Feb 2014	4	791	97.40	6.19	$5,287
Jan 2014	0	1,081	90.40	4.86	$5,254
Dec 2013	4	996	91.82	4.35	$4,704
Nov 2013	0	846	88.85	3.74	$3,163
Oct 2013	3	726	97.42	3.78	$3,036
Sep 2013	2	457	104.11	3.72	$1,907
Aug 2013	0	333	104.25	3.52	$1,173
Jul 2013	0	352	102.52	3.72	$1,309
Jun 2013	0	705	94.40	3.93	$2,773
May 2013	4	1,109	94.83	4.15	$4,981
Apr 2013	0	1,040	93.96	4.28	$4,454
Mar 2013	4	1,027	93.62	3.91	$4,393
Feb 2013	0	929	91.23	3.42	$3,177
Jan 2013	4	1,094	91.60	3.42	$4,108
Dec 2012	0	1,126	86.77	3.42	$3,851
Nov 2012	4	1,048	86.95	3.62	$4,147
Oct 2012	0	1,145	89.38	3.40	$3,893
Sep 2012	0	986	94.67	2.92	$2,878
Aug 2012	4	988	92.66	2.91	$3,244
Jul 2012	2	1,017	85.13	3.02	$3,242
Jun 2012	0	1,015	79.82	2.52	$2,557
May 2012	4	1,016	91.61	2.49	$2,895
Apr 2012	0	1,046	101.65	2.00	$2,089
Mar 2012	3	1,153	105.05	2.22	$2,877
Feb 2012	0	552	101.10	2.57	$1,419
Jan 2012	2	497	98.09	2.73	$1,555
Dec 2011	2	432	96.87	3.24	$1,593
Nov 2011	2	428	95.72	3.31	$1,609
Oct 2011	0	486	84.98	3.65	$1,773
Sep 2011	0	845	83.62	3.99	$3,368
Aug 2011	3	556	83.40	4.15	$2,557
Jul 2011	0	501	94.14	4.52	$2,263
Jun 2011	2	756	92.90	4.64	$3,694
May 2011	2	360	98.13	4.40	$1,782
Apr 2011	0	299	105.96	4.33	$1,296
Mar 2011	0	346	96.36	4.06	$1,404
Feb 2011	0	412	85.64	4.18	$1,722
Jan 2011	0	616	86.50	4.59	$2,827
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	164	80.84	3.80	$622
Oct 2010	0	582	78.10	3.51	$2,042
Sep 2010	0	431	72.63	3.98	$1,715
Aug 2010	0	354	73.68	4.42	$1,564
Jul 2010	0	447	72.55	4.74	$2,117
Jun 2010	0	854	70.36	4.91	$4,193
May 2010	0	799	71.12	4.24	$3,384
Apr 2010	0	759	81.69	4.12	$3,129
Mar 2010	0	776	78.39	4.39	$3,406
Feb 2010	0	742	73.58	5.44	$4,038
Jan 2010	31	647	74.36	5.96	$6,164
Dec 2009	0	554	71.44	5.48	$3,038
Nov 2009	0	546	74.59	3.75	$2,048
Oct 2009	0	553	72.54	4.11	$2,273
Sep 2009	0	470	65.54	3.06	$1,440
Aug 2009	0	413	67.42	3.22	$1,329
Jul 2009	0	474	61.13	3.46	$1,642
Jun 2009	58	494	66.16	3.90	$5,761
May 2009	0	446	54.74	3.93	$1,751
Apr 2009	0	409	46.77	3.59	$1,467
Mar 2009	0	576	42.14	4.06	$2,338
Feb 2009	0	665	32.81	4.63	$3,081
Jan 2009	0	612	35.86	5.37	$3,287
Dec 2008	0	572	37.10	5.98	$3,419
Nov 2008	0	473	55.49	6.86	$3,245
Oct 2008	0	458	75.24	6.92	$3,170
Sep 2008	0	402	101.76	7.88	$3,167
Aug 2008	0	515	114.22	8.48	$4,369
Jul 2008	0	465	131.08	11.39	$5,296
Jun 2008	0	458	131.33	13.03	$5,969
May 2008	0	547	123.17	11.57	$6,331
Apr 2008	0	477	110.31	10.45	$4,987
Mar 2008	0	576	101.90	9.66	$5,567
Feb 2008	0	383	92.53	8.77	$3,359
Jan 2008	0	582	90.38	8.21	$4,776
Dec 2007	0	622	88.33	7.30	$4,542
Nov 2007	0	630	91.67	7.29	$4,594
Oct 2007	0	613	82.85	6.92	$4,243
Sep 2007	0	532	75.84	6.24	$3,322
Aug 2007	0	619	69.06	6.39	$3,954
Jul 2007	0	622	70.90	6.39	$3,973
Jun 2007	0	603	62.00	7.55	$4,552
May 2007	0	696	58.74	7.85	$5,461
Apr 2007	0	733	59.61	7.81	$5,721
Mar 2007	0	661	56.92	7.30	$4,827
Feb 2007	0	634	55.10	8.22	$5,209
Jan 2007	0	645	50.30	6.73	$4,339
Dec 2006	0	760	56.65	6.92	$5,258
Nov 2006	0	782	54.20	7.62	$5,957
Oct 2006	0	610	54.90	6.01	$3,668
Sep 2006	0	459	60.08	5.04	$2,312
Aug 2006	0	831	68.71	7.34	$6,099
Jul 2006	0	798	69.37	6.34	$5,062
Jun 2006	0	801	66.28	6.38	$5,113
May 2006	0	747	66.01	6.42	$4,799
Apr 2006	0	795	64.39	7.36	$5,852
Mar 2006	0	814	56.70	7.08	$5,766
Feb 2006	0	663	57.59	7.75	$5,139
Jan 2006	0	708	60.59	8.93	$6,325
Dec 2005	0	692	54.94	13.42	$9,283
Nov 2005	0	241	54.69	10.59	$2,552
Oct 2005	0	680	58.34	13.80	$9,381
Sep 2005	0	707	61.45	12.08	$8,540
Aug 2005	0	621	61.51	9.80	$6,084
Jul 2005	0	541	55.69	7.84	$4,243
Jun 2005	0	527	52.33	7.38	$3,890
May 2005	0	583	45.22	6.65	$3,878
Apr 2005	0	592	49.20	7.36	$4,357
Mar 2005	0	607	50.37	7.15	$4,343
Feb 2005	0	669	45.22	6.31	$4,223
Jan 2005	0	679	43.16	6.32	$4,293
Dec 2004	0	634	39.86	6.75	$4,280
Nov 2004	0	686	45.28	6.33	$4,343
Oct 2004	0	677	49.70	6.52	$4,411
Sep 2004	0	653	43.24	5.28	$3,450
Aug 2004	0	426	42.37	5.55	$2,365
Jul 2004	0	631	38.28	6.08	$3,839
Jun 2004	0	536	36.10	6.43	$3,448
May 2004	0	607	37.48	6.49	$3,942
Apr 2004	0	535	34.47	5.86	$3,134
Mar 2004	0	625	34.36	5.53	$3,456
Feb 2004	0	623	32.45	5.51	$3,432
Jan 2004	0	678	32.03	6.30	$4,271
Dec 2003	0	524	30.26	6.30	$3,302
Nov 2003	0	605	28.80	4.60	$2,780
Oct 2003	0	609	28.17	4.76	$2,899
Sep 2003	0	601	26.31	4.75	$2,854
Aug 2003	0	565	29.76	5.13	$2,898
Jul 2003	0	631	29.41	5.17	$3,263
Jun 2003	0	618	28.56	5.98	$3,697
May 2003	0	338	26.59	5.97	$2,019
Apr 2003	0	459	26.67	5.41	$2,482
Mar 2003	0	667	31.14	6.10	$4,066
Feb 2003	1	622	33.48	7.93	$4,963
Jan 2003	1	661	30.31	5.58	$3,720
Dec 2002	1	636	26.91	4.85	$3,114
Nov 2002	2	771	24.66	4.14	$3,239
Oct 2002	1	627	26.46	4.23	$2,678
Sep 2002	1	701	27.44	3.64	$2,576
Aug 2002	1	699	25.96	3.16	$2,238
Jul 2002	2	808	24.58	3.06	$2,523
Jun 2002	1	825	23.73	3.34	$2,778
May 2002	1	873	24.66	3.58	$3,153
Apr 2002	1	1,027	23.65	3.51	$3,631
Mar 2002	1	499	22.00	3.10	$1,570
Feb 2002	1	657	18.22	2.38	$1,579
Jan 2002	2	654	17.17	2.38	$1,588
Dec 2001	2	599	16.93	2.36	$1,450
Nov 2001	2	828	18.07	2.41	$2,028
Oct 2001	0	199	19.78	2.53	$503
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	215	24.87	3.05	$656
Jul 2001	0	306	23.93	3.20	$978
Jun 2001	0	0	24.56	3.82	$0
May 2001	0	0	25.52	4.31	$0
Apr 2001	1	0	24.68	5.34	$25
Mar 2001	1	334	24.54	5.38	$1,820
Feb 2001	1	241	27.75	5.77	$1,418
Jan 2001	3	388	27.47	8.40	$3,341
Dec 2000	2	545	26.88	9.12	$5,026
Nov 2000	1	568	32.21	5.66	$3,246
Oct 2000	2	590	31.23	5.15	$3,098
Sep 2000	1	639	31.87	5.19	$3,346
Aug 2000	1	637	29.64	4.54	$2,922
Jul 2000	1	699	28.53	4.09	$2,887
Jun 2000	2	649	29.30	4.40	$2,912
May 2000	3	732	27.26	3.68	$2,775
Apr 2000	2	774	24.51	3.12	$2,461
Mar 2000	5	813	28.42	2.86	$2,467
Feb 2000	3	680	27.62	2.73	$1,937
Jan 2000	2	712	25.27	2.48	$1,817
Dec 1999	3	666	24.28	2.42	$1,687
Nov 1999	3	579	23.19	2.43	$1,479
Oct 1999	3	661	20.98	2.80	$1,916
Sep 1999	3	645	21.75	2.62	$1,754
Aug 1999	3	739	19.26	2.88	$2,183
Jul 1999	4	753	17.89	2.37	$1,858
Jun 1999	3	686	15.94	2.36	$1,668
May 1999	1	769	15.79	2.32	$1,801
Apr 1999	1	772	15.10	2.21	$1,720
Mar 1999	1	742	12.47	1.84	$1,377
Feb 1999	0	598	9.98	1.82	$1,087
Jan 1999	2	775	10.38	1.90	$1,493
Dec 1998	0	732	9.20	1.77	$1,298
Nov 1998	3	649	10.89	2.19	$1,451
Oct 1998	0	664	12.42	1.97	$1,308
Sep 1998	0	772	12.59	2.08	$1,608
Aug 1998	2	759	11.30	1.91	$1,470
Jul 1998	0	759	11.74	2.24	$1,698
Jun 1998	3	715	11.24	2.24	$1,633
May 1998	0	712	12.62	2.21	$1,571
Apr 1998	3	686	13.04	2.51	$1,758
Mar 1998	2	672	12.80	2.31	$1,578
Feb 1998	0	643	13.95	2.30	$1,478
Jan 1998	4	746	14.70	2.15	$1,666
Dec 1997	2	670	16.32	2.41	$1,648
Nov 1997	2	622	18.19	3.09	$1,957
Oct 1997	4	711	19.25	3.15	$2,317
Sep 1997	0	691	17.74	2.95	$2,042
Aug 1997	3	550	17.86	2.55	$1,459
Jul 1997	2	643	17.58	2.25	$1,480
Jun 1997	0	676	17.24	2.26	$1,526
May 1997	2	779	18.97	2.31	$1,836
Apr 1997	2	730	17.88	2.08	$1,556
Mar 1997	2	720	18.95	1.94	$1,434
Feb 1997	3	731	20.49	2.21	$1,674
Jan 1997	3	760	23.48	3.54	$2,761
Dec 1996	3	827	23.32	—	$70
Nov 1996	0	805	21.97	—	$0
Oct 1996	3	774	23.31	—	$70
Sep 1996	3	787	22.22	—	$67
Aug 1996	0	808	20.26	—	$0
Jul 1996	4	817	19.55	—	$78
Jun 1996	3	835	18.73	—	$56
May 1996	7	812	19.43	—	$136
Apr 1996	0	870	21.51	—	$0
Mar 1996	7	810	19.38	—	$136
Feb 1996	0	808	16.98	—	$0
Jan 1996	3	745	17.07	—	$51
Dec 1995	2	694	17.19	—	$34
Nov 1995	3	714	16.00	—	$48
Oct 1995	3	717	15.43	—	$46
Sep 1995	3	714	16.18	—	$49
Aug 1995	6	718	15.92	—	$96
Jul 1995	0	747	15.24	—	$0
Jun 1995	3	635	16.41	—	$49
May 1995	7	737	17.56	—	$123
Apr 1995	3	709	17.73	—	$53
Mar 1995	3	765	16.44	—	$49
Feb 1995	3	691	16.58	—	$50
Jan 1995	4	766	15.92	—	$64
Dec 1994	4	830	15.03	—	$60
Nov 1994	4	749	15.90	—	$64
Oct 1994	4	785	15.58	—	$62
Sep 1994	4	773	15.29	—	$61
Aug 1994	4	827	16.13	—	$65
Jul 1994	0	852	17.56	—	$0
Jun 1994	4	769	17.09	—	$68
May 1994	4	797	15.88	—	$64
Apr 1994	4	791	14.14	—	$57
Mar 1994	5	823	12.46	—	$62
Feb 1994	5	720	12.50	—	$63
Jan 1994	5	777	12.66	—	$63
Dec 1993	5	813	12.33	—	$62
Nov 1993	0	692	14.49	—	$0
Oct 1993	6	1,091	15.85	—	$95
Sep 1993	6	691	15.03	—	$90
Aug 1993	0	742	15.66	—	$0
Jul 1993	6	705	15.46	—	$93
Jun 1993	7	691	16.79	—	$118
May 1993	7	714	17.68	—	$124
Apr 1993	6	702	18.05	—	$108
Mar 1993	7	693	18.14	—	$127
Feb 1993	7	822	17.90	—	$125
Jan 1993	7	719	16.93	—	$119

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             5 bbl  × $ 45.35 =       $227
Gas                  149 Mcf  × $  2.69 =       $400

────────────────────────────────────────────────────
Month total                                     $627

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/113029 is the state's own key, not one this site invented.