PETTY, O.S. "B"

Operated by KERNS O & G, INC. (P-5 457700) in the DOS HERMANOS, W. (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 118970District 04Field 25570400CondensateGasSaveExport
Value, all time
$68 k
Jan 1993 – Feb 2004
Value, last 12 filed months
$0
at the published price for each month
Months reported
134
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 44 leases and 44 wells, and the rule below applies to all of them.

Discovered
1976-03-03
as the register files it
Field class
Oil and 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 80 acres. The field rule took effect on 1980-12-01.

The Commission's schedule remark for this field reads: NORTH (OLMOS) FIELD (35566500).

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
CondensateDisposition165 bbl$3,183
GasProduction52,433 Mcf$65,240
Total$68,423

29,591 Mcf of this lease's gas, across 24 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 28.0621, -99.8875. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.06209, -99.88745 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
5,550 ft
1 wells filed one
Completion to plug
22.2 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 5,550 ft.

Completions filed
Dec 1981
1 of 1 wells
Plug dates filed
Feb 2004
1 of 1 wells

Last completion to plug: a median of 22.2 years across the 1 well that filed both dates, with the middle half between 22.2 years and 22.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793311750215,550 ftDec 1981Feb 2004Yes

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 (134)

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

134 months

Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 2001116227.755.77$962
Jan 2001328627.478.40$2,484
Dec 2000336826.889.12$3,438
Nov 2000139932.215.66$2,290
Oct 2000239831.235.15$2,110
Sep 2000123431.875.19$1,246
Aug 2000028229.644.54$1,280
Jul 2000141428.534.09$1,722
Jun 2000246829.304.40$2,117
May 2000346127.263.68$1,778
Apr 2000241024.513.12$1,327
Mar 2000332328.422.86$1,009
Feb 2000241427.622.73$1,184
Jan 2000243725.272.48$1,135
Dec 1999341624.282.42$1,081
Nov 1999337723.192.43$987
Oct 1999346020.982.80$1,353
Sep 1999339821.752.62$1,108
Aug 1999248519.262.88$1,433
Jul 1999450017.892.37$1,258
Jun 1999351415.942.36$1,262
May 1999152915.792.32$1,244
Apr 1999160115.102.21$1,342
Mar 1999138712.471.84$724
Feb 199904339.981.82$787
Jan 1999255410.381.90$1,073
Dec 199804629.201.77$819
Nov 1998353310.892.19$1,198
Oct 1998061812.421.97$1,217
Sep 1998056612.592.08$1,179
Aug 1998252211.301.91$1,018
Jul 1998048011.742.24$1,074
Jun 1998353511.242.24$1,231
May 1998058012.622.21$1,280
Apr 1998126413.042.51$674
Mar 1998134312.802.31$805
Feb 1998038013.952.30$874
Jan 1998248614.702.15$1,077
Dec 1997152216.322.41$1,275
Nov 1997142218.193.09$1,321
Oct 1997244419.253.15$1,437
Sep 1997043617.742.95$1,288
Aug 1997146617.862.55$1,208
Jul 1997252917.582.25$1,224
Jun 1997049117.242.26$1,108
May 1997157118.972.31$1,337
Apr 1997255917.882.08$1,200
Mar 1997153518.951.94$1,056
Feb 1997255720.492.21$1,270
Jan 1997383123.483.54$3,012
Dec 1996390623.32$70
Nov 199601,05121.97$0
Oct 199621,08223.31$47
Sep 199631,06922.22$67
Aug 199601,10720.26$0
Jul 199621,10119.55$39
Jun 199631,09618.73$56
May 199661,06119.43$117
Apr 199601,06021.51$0
Mar 199651,10119.38$97
Feb 199601,06016.98$0
Jan 199631,10817.07$51
Dec 1995399817.19$52
Nov 199541,10916.00$64
Oct 199551,19215.43$77
Sep 199541,25816.18$65
Aug 199571,32315.92$111
Jul 199501,43415.24$0
Jun 199561,55916.41$98
May 1995111,79417.56$193
Apr 199561,80617.73$106
Mar 199561,96516.44$99
Feb 199562,13416.58$99
Jan 1995021715.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 19940016.13$0
Jul 19940017.56$0
Jun 19940017.09$0
May 19940015.88$0
Apr 19940014.14$0
Mar 19940012.46$0
Feb 19940012.50$0
Jan 19940012.66$0
Dec 19930012.33$0
Nov 19930014.49$0
Oct 19930015.85$0
Sep 19930015.03$0
Aug 19930015.66$0
Jul 19930015.46$0
Jun 19930016.79$0
May 19930017.68$0
Apr 19930018.05$0
Mar 19930018.14$0
Feb 19930017.90$0
Jan 19930016.93$0

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.

Feb 2001 — as filed, then multipliedworked
Condensate             1 bbl  × $ 27.75 =        $28
Gas                  162 Mcf  × $  5.77 =       $934

────────────────────────────────────────────────────
Month total                                     $962

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/118970 is the state's own key, not one this site invented.