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 142374District 04Field 355665002 tax incentive programmesCondensateGasSave Export

Value, all time

$1.3 M

Jan 1993 – Jun 2019

Value, last 12 filed months

at the published price for each month

Months reported

318

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
High Cost Gas	1	1	1992-11-05	126352
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	1,767 bbl	$60,803
Gas	Production	397,716 Mcf	$1,277,321
Total			$1,338,124

128,277 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 28.0478, -99.8975. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.04780, -99.89748 · 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

6,250 ft

1 wells filed one

Completion to plug

26.8 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 6,250 ft.

Completions filed

Sep 1992

1 of 1 wells

Plug dates filed

Jun 2019

1 of 1 wells

Last completion to plug: a median of 26.8 years across the 1 well that filed both dates, with the middle half between 26.8 years and 26.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47933867	7017	6,250 ft	Sep 1992	Jun 2019	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 (318)

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

318 months


Jun 2019	0	0	52.78	2.49	$0
May 2019	0	0	58.48	2.74	$0
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
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	91	45.35	2.69	$471
May 2016	0	452	42.52	1.99	$900
Apr 2016	0	600	36.56	1.99	$1,195
Mar 2016	0	509	33.01	1.79	$913
Feb 2016	0	556	26.47	2.06	$1,147
Jan 2016	0	516	27.35	2.36	$1,220
Dec 2015	3	548	32.36	2.00	$1,194
Nov 2015	0	420	38.79	2.17	$910
Oct 2015	0	507	43.55	2.43	$1,230
Sep 2015	0	431	42.99	2.76	$1,189
Aug 2015	0	727	40.16	2.87	$2,088
Jul 2015	4	559	48.15	2.95	$1,839
Jun 2015	0	426	56.15	2.88	$1,228
May 2015	0	499	55.21	2.96	$1,475
Apr 2015	0	884	49.82	2.71	$2,393
Mar 2015	5	913	42.89	2.93	$2,894
Feb 2015	0	783	44.66	2.98	$2,330
Jan 2015	5	728	43.43	3.10	$2,474
Dec 2014	0	800	54.69	3.59	$2,873
Nov 2014	0	788	70.46	4.25	$3,350
Oct 2014	4	804	78.30	3.90	$3,450
Sep 2014	0	797	86.16	4.05	$3,224
Aug 2014	0	851	89.39	4.04	$3,434
Jul 2014	4	816	96.56	4.18	$3,797
Jun 2014	0	796	98.16	4.74	$3,771
May 2014	0	900	94.73	4.73	$4,254
Apr 2014	3	715	95.94	4.81	$3,726
Mar 2014	0	765	95.89	5.06	$3,868
Feb 2014	4	790	97.40	6.19	$5,281
Jan 2014	0	1,071	90.40	4.86	$5,206
Dec 2013	4	996	91.82	4.35	$4,704
Nov 2013	0	958	88.85	3.74	$3,581
Oct 2013	4	846	97.42	3.78	$3,587
Sep 2013	4	1,177	104.11	3.72	$4,792
Aug 2013	0	1,280	104.25	3.52	$4,509
Jul 2013	0	1,244	102.52	3.72	$4,625
Jun 2013	0	1,023	94.40	3.93	$4,024
May 2013	4	1,106	94.83	4.15	$4,968
Apr 2013	0	1,045	93.96	4.28	$4,475
Mar 2013	4	1,012	93.62	3.91	$4,334
Feb 2013	0	905	91.23	3.42	$3,095
Jan 2013	4	1,099	91.60	3.42	$4,125
Dec 2012	0	1,128	86.77	3.42	$3,858
Nov 2012	4	1,045	86.95	3.62	$4,136
Oct 2012	0	1,143	89.38	3.40	$3,886
Sep 2012	0	989	94.67	2.92	$2,886
Aug 2012	4	995	92.66	2.91	$3,264
Jul 2012	2	1,016	85.13	3.02	$3,239
Jun 2012	0	1,016	79.82	2.52	$2,559
May 2012	4	1,024	91.61	2.49	$2,914
Apr 2012	0	1,043	101.65	2.00	$2,083
Mar 2012	4	1,120	105.05	2.22	$2,909
Feb 2012	0	1,035	101.10	2.57	$2,660
Jan 2012	3	1,025	98.09	2.73	$3,097
Dec 2011	8	986	96.87	3.24	$3,969
Nov 2011	10	1,572	95.72	3.31	$6,163
Oct 2011	0	1,346	84.98	3.65	$4,911
Sep 2011	0	881	83.62	3.99	$3,511
Aug 2011	17	1,135	83.40	4.15	$6,127
Jul 2011	2	1,290	94.14	4.52	$6,016
Jun 2011	15	1,154	92.90	4.64	$6,748
May 2011	23	873	98.13	4.40	$6,102
Apr 2011	0	1,007	105.96	4.33	$4,364
Mar 2011	0	1,224	96.36	4.06	$4,966
Feb 2011	0	1,136	85.64	4.18	$4,748
Jan 2011	0	888	86.50	4.59	$4,075
Dec 2010	0	1,370	85.73	4.35	$5,956
Nov 2010	48	1,003	80.84	3.80	$7,687
Oct 2010	0	954	78.10	3.51	$3,347
Sep 2010	0	313	72.63	3.98	$1,246
Aug 2010	0	894	73.68	4.42	$3,951
Jul 2010	175	380	72.55	4.74	$14,496
Jun 2010	0	1,748	70.36	4.91	$8,583
May 2010	0	1,569	71.12	4.24	$6,645
Apr 2010	0	553	81.69	4.12	$2,280
Mar 2010	0	568	78.39	4.39	$2,493
Feb 2010	0	622	73.58	5.44	$3,385
Jan 2010	50	719	74.36	5.96	$8,006
Dec 2009	0	1,465	71.44	5.48	$8,034
Nov 2009	0	1,608	74.59	3.75	$6,032
Oct 2009	0	1,506	72.54	4.11	$6,190
Sep 2009	0	1,901	65.54	3.06	$5,826
Aug 2009	0	1,634	67.42	3.22	$5,259
Jul 2009	0	1,134	61.13	3.46	$3,929
Jun 2009	0	1,311	66.16	3.90	$5,106
May 2009	0	1,409	54.74	3.93	$5,531
Apr 2009	0	1,023	46.77	3.59	$3,670
Mar 2009	0	1,528	42.14	4.06	$6,202
Feb 2009	0	1,548	32.81	4.63	$7,172
Jan 2009	0	1,657	35.86	5.37	$8,900
Dec 2008	0	1,734	37.10	5.98	$10,364
Nov 2008	0	1,236	55.49	6.86	$8,479
Oct 2008	0	1,472	75.24	6.92	$10,189
Sep 2008	0	1,461	101.76	7.88	$11,508
Aug 2008	0	1,199	114.22	8.48	$10,171
Jul 2008	0	1,315	131.08	11.39	$14,977
Jun 2008	0	967	131.33	13.03	$12,603
May 2008	0	930	123.17	11.57	$10,764
Apr 2008	0	1,541	110.31	10.45	$16,111
Mar 2008	0	2,251	101.90	9.66	$21,754
Feb 2008	0	2,507	92.53	8.77	$21,988
Jan 2008	0	1,304	90.38	8.21	$10,700
Dec 2007	0	600	88.33	7.30	$4,381
Nov 2007	0	734	91.67	7.29	$5,352
Oct 2007	0	718	82.85	6.92	$4,970
Sep 2007	0	669	75.84	6.24	$4,177
Aug 2007	0	739	69.06	6.39	$4,721
Jul 2007	0	736	70.90	6.39	$4,702
Jun 2007	0	657	62.00	7.55	$4,959
May 2007	0	859	58.74	7.85	$6,740
Apr 2007	0	940	59.61	7.81	$7,337
Mar 2007	0	1,563	56.92	7.30	$11,413
Feb 2007	0	1,439	55.10	8.22	$11,823
Jan 2007	0	1,877	50.30	6.73	$12,626
Dec 2006	0	1,541	56.65	6.92	$10,661
Nov 2006	0	2,951	54.20	7.62	$22,479
Oct 2006	0	1,197	54.90	6.01	$7,199
Sep 2006	0	1,148	60.08	5.04	$5,783
Aug 2006	0	2,101	68.71	7.34	$15,421
Jul 2006	0	2,438	69.37	6.34	$15,464
Jun 2006	0	2,291	66.28	6.38	$14,625
May 2006	0	2,638	66.01	6.42	$16,949
Apr 2006	0	3,331	64.39	7.36	$24,518
Mar 2006	0	5,249	56.70	7.08	$37,178
Feb 2006	0	2,199	57.59	7.75	$17,045
Jan 2006	0	1,560	60.59	8.93	$13,936
Dec 2005	0	1,276	54.94	13.42	$17,118
Nov 2005	0	723	54.69	10.59	$7,655
Oct 2005	0	340	58.34	13.80	$4,691
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	437	61.51	9.80	$4,281
Jul 2005	0	1,044	55.69	7.84	$8,189
Jun 2005	0	1,145	52.33	7.38	$8,451
May 2005	0	1,259	45.22	6.65	$8,374
Apr 2005	0	1,178	49.20	7.36	$8,671
Mar 2005	0	1,123	50.37	7.15	$8,035
Feb 2005	0	1,089	45.22	6.31	$6,874
Jan 2005	0	1,165	43.16	6.32	$7,365
Dec 2004	0	1,131	39.86	6.75	$7,635
Nov 2004	0	1,081	45.28	6.33	$6,843
Oct 2004	0	1,223	49.70	6.52	$7,968
Sep 2004	0	1,704	43.24	5.28	$9,004
Aug 2004	0	1,148	42.37	5.55	$6,372
Jul 2004	0	1,140	38.28	6.08	$6,936
Jun 2004	0	1,139	36.10	6.43	$7,327
May 2004	0	1,202	37.48	6.49	$7,806
Apr 2004	0	1,096	34.47	5.86	$6,421
Mar 2004	0	1,210	34.36	5.53	$6,691
Feb 2004	0	1,236	32.45	5.51	$6,810
Jan 2004	0	1,144	32.03	6.30	$7,207
Dec 2003	1	554	30.26	6.30	$3,521
Nov 2003	0	735	28.80	4.60	$3,377
Oct 2003	1	763	28.17	4.76	$3,660
Sep 2003	8	573	26.31	4.75	$2,932
Aug 2003	4	555	29.76	5.13	$2,966
Jul 2003	3	645	29.41	5.17	$3,423
Jun 2003	3	574	28.56	5.98	$3,520
May 2003	6	354	26.59	5.97	$2,274
Apr 2003	9	667	26.67	5.41	$3,847
Mar 2003	22	1,058	31.14	6.10	$7,135
Feb 2003	10	1,336	33.48	7.93	$10,924
Jan 2003	16	1,382	30.31	5.58	$8,199
Dec 2002	15	1,136	26.91	4.85	$5,918
Nov 2002	14	952	24.66	4.14	$4,284
Oct 2002	7	1,331	26.46	4.23	$5,814
Sep 2002	8	1,572	27.44	3.64	$5,934
Aug 2002	7	1,602	25.96	3.16	$5,251
Jul 2002	13	1,441	24.58	3.06	$4,732
Jun 2002	11	1,886	23.73	3.34	$6,557
May 2002	11	1,834	24.66	3.58	$6,844
Apr 2002	6	1,438	23.65	3.51	$5,193
Mar 2002	6	605	22.00	3.10	$2,009
Feb 2002	6	711	18.22	2.38	$1,798
Jan 2002	10	950	17.17	2.38	$2,429
Dec 2001	15	1,193	16.93	2.36	$3,075
Nov 2001	11	1,239	18.07	2.41	$3,179
Oct 2001	2	516	19.78	2.53	$1,344
Sep 2001	0	52	24.26	2.25	$117
Aug 2001	3	538	24.87	3.05	$1,717
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	1	0	24.56	3.82	$25
May 2001	2	10	25.52	4.31	$94
Apr 2001	11	645	24.68	5.34	$3,713
Mar 2001	12	607	24.54	5.38	$3,558
Feb 2001	9	658	27.75	5.77	$4,044
Jan 2001	13	970	27.47	8.40	$8,504
Dec 2000	22	1,332	26.88	9.12	$12,743
Nov 2000	9	1,338	32.21	5.66	$7,860
Oct 2000	17	1,339	31.23	5.15	$7,421
Sep 2000	6	1,529	31.87	5.19	$8,121
Aug 2000	5	1,179	29.64	4.54	$5,502
Jul 2000	6	1,458	28.53	4.09	$6,134
Jun 2000	9	1,180	29.30	4.40	$5,452
May 2000	14	1,169	27.26	3.68	$4,683
Apr 2000	7	906	24.51	3.12	$2,995
Mar 2000	25	1,352	28.42	2.86	$4,577
Feb 2000	14	1,250	27.62	2.73	$3,795
Jan 2000	14	1,308	25.27	2.48	$3,598
Dec 1999	14	857	24.28	2.42	$2,417
Nov 1999	16	851	23.19	2.43	$2,442
Oct 1999	17	1,220	20.98	2.80	$3,777
Sep 1999	16	1,315	21.75	2.62	$3,792
Aug 1999	16	1,267	19.26	2.88	$3,952
Jul 1999	29	1,836	17.89	2.37	$4,874
Jun 1999	17	1,596	15.94	2.36	$4,041
May 1999	9	1,588	15.79	2.32	$3,828
Apr 1999	8	1,716	15.10	2.21	$3,910
Mar 1999	14	2,021	12.47	1.84	$3,890
Feb 1999	0	1,466	9.98	1.82	$2,665
Jan 1999	10	1,512	10.38	1.90	$2,977
Dec 1998	0	1,196	9.20	1.77	$2,121
Nov 1998	9	1,225	10.89	2.19	$2,776
Oct 1998	0	1,474	12.42	1.97	$2,903
Sep 1998	0	981	12.59	2.08	$2,043
Aug 1998	8	960	11.30	1.91	$1,921
Jul 1998	0	973	11.74	2.24	$2,177
Jun 1998	8	999	11.24	2.24	$2,325
May 1998	0	1,049	12.62	2.21	$2,314
Apr 1998	10	1,019	13.04	2.51	$2,683
Mar 1998	10	1,121	12.80	2.31	$2,717
Feb 1998	0	1,333	13.95	2.30	$3,065
Jan 1998	23	1,838	14.70	2.15	$4,299
Dec 1997	12	1,818	16.32	2.41	$4,579
Nov 1997	11	1,540	18.19	3.09	$4,956
Oct 1997	22	1,632	19.25	3.15	$5,564
Sep 1997	0	1,754	17.74	2.95	$5,183
Aug 1997	15	1,615	17.86	2.55	$4,394
Jul 1997	15	1,782	17.58	2.25	$4,268
Jun 1997	0	1,758	17.24	2.26	$3,968
May 1997	14	2,217	18.97	2.31	$5,384
Apr 1997	12	1,743	17.88	2.08	$3,845
Mar 1997	11	1,841	18.95	1.94	$3,778
Feb 1997	12	1,639	20.49	2.21	$3,861
Jan 1997	13	1,719	23.48	3.54	$6,390
Dec 1996	14	1,841	23.32	—	$326
Nov 1996	0	1,924	21.97	—	$0
Oct 1996	13	2,003	23.31	—	$303
Sep 1996	13	2,020	22.22	—	$289
Aug 1996	0	2,053	20.26	—	$0
Jul 1996	11	1,990	19.55	—	$215
Jun 1996	12	1,951	18.73	—	$225
May 1996	26	2,106	19.43	—	$505
Apr 1996	0	2,064	21.51	—	$0
Mar 1996	28	2,161	19.38	—	$543
Feb 1996	0	2,075	16.98	—	$0
Jan 1996	13	2,163	17.07	—	$222
Dec 1995	13	2,091	17.19	—	$223
Nov 1995	13	2,136	16.00	—	$208
Oct 1995	14	2,411	15.43	—	$216
Sep 1995	13	2,294	16.18	—	$210
Aug 1995	26	2,233	15.92	—	$414
Jul 1995	0	2,369	15.24	—	$0
Jun 1995	13	2,181	16.41	—	$213
May 1995	23	2,253	17.56	—	$404
Apr 1995	12	2,242	17.73	—	$213
Mar 1995	11	2,409	16.44	—	$181
Feb 1995	14	2,289	16.58	—	$232
Jan 1995	14	2,657	15.92	—	$223
Dec 1994	13	2,910	15.03	—	$195
Nov 1994	12	2,416	15.90	—	$191
Oct 1994	12	2,736	15.58	—	$187
Sep 1994	12	2,618	15.29	—	$183
Aug 1994	11	2,738	16.13	—	$177
Jul 1994	0	2,984	17.56	—	$0
Jun 1994	11	2,670	17.09	—	$188
May 1994	11	2,767	15.88	—	$175
Apr 1994	12	2,563	14.14	—	$170
Mar 1994	11	3,009	12.46	—	$137
Feb 1994	12	2,764	12.50	—	$150
Jan 1994	12	3,103	12.66	—	$152
Dec 1993	11	3,308	12.33	—	$136
Nov 1993	0	3,122	14.49	—	$0
Oct 1993	11	3,304	15.85	—	$174
Sep 1993	11	3,389	15.03	—	$165
Aug 1993	0	3,516	15.66	—	$0
Jul 1993	12	3,730	15.46	—	$186
Jun 1993	12	3,577	16.79	—	$201
May 1993	11	4,150	17.68	—	$194
Apr 1993	11	3,789	18.05	—	$199
Mar 1993	12	3,728	18.14	—	$218
Feb 1993	13	3,249	17.90	—	$233
Jan 1993	13	4,221	16.93	—	$220

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                   91 Mcf  × $  2.69 =       $244

────────────────────────────────────────────────────
Month total                                     $471

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/142374 is the state's own key, not one this site invented.