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 143224District 04Field 355665002 tax incentive programmesCondensateGasSave Export

Value, all time

$1.1 M

Jan 1993 – Jun 2013

Value, last 12 filed months

$5 k

at the published price for each month

Months reported

246

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	1993-03-11	126896
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	806 bbl	$18,786
Gas	Production	219,082 Mcf	$1,054,972
Total			$1,073,758

43,813 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 28.0695, -99.8692. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.06951, -99.86921 · 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

5,650 ft

1 wells filed one

Completion to plug

20.6 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 5,650 ft.

Completions filed

Nov 1992

1 of 1 wells

Plug dates filed

Jun 2013

1 of 1 wells

Last completion to plug: a median of 20.6 years across the 1 well that filed both dates, with the middle half between 20.6 years and 20.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47932457	3015	5,650 ft	Nov 1992	Jun 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 (246)

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

246 months


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	756	92.66	2.91	$2,199
Jul 2012	0	867	85.13	3.02	$2,619
Jun 2012	0	879	79.82	2.52	$2,214
May 2012	0	852	91.61	2.49	$2,120
Apr 2012	0	903	101.65	2.00	$1,803
Mar 2012	4	876	105.05	2.22	$2,367
Feb 2012	0	870	101.10	2.57	$2,236
Jan 2012	0	969	98.09	2.73	$2,649
Dec 2011	0	695	96.87	3.24	$2,252
Nov 2011	3	1,012	95.72	3.31	$3,638
Oct 2011	0	836	84.98	3.65	$3,050
Sep 2011	0	734	83.62	3.99	$2,926
Aug 2011	0	695	83.40	4.15	$2,884
Jul 2011	0	716	94.14	4.52	$3,234
Jun 2011	0	479	92.90	4.64	$2,223
May 2011	0	1,477	98.13	4.40	$6,506
Apr 2011	0	952	105.96	4.33	$4,125
Mar 2011	2	962	96.36	4.06	$4,096
Feb 2011	0	702	85.64	4.18	$2,934
Jan 2011	0	355	86.50	4.59	$1,629
Dec 2010	0	444	85.73	4.35	$1,930
Nov 2010	0	583	80.84	3.80	$2,213
Oct 2010	0	535	78.10	3.51	$1,877
Sep 2010	0	172	72.63	3.98	$684
Aug 2010	0	48	73.68	4.42	$212
Jul 2010	0	133	72.55	4.74	$630
Jun 2010	0	192	70.36	4.91	$943
May 2010	0	303	71.12	4.24	$1,283
Apr 2010	0	598	81.69	4.12	$2,465
Mar 2010	0	705	78.39	4.39	$3,094
Feb 2010	0	438	73.58	5.44	$2,384
Jan 2010	0	483	74.36	5.96	$2,881
Dec 2009	0	394	71.44	5.48	$2,161
Nov 2009	0	341	74.59	3.75	$1,279
Oct 2009	0	360	72.54	4.11	$1,480
Sep 2009	0	234	65.54	3.06	$717
Aug 2009	0	299	67.42	3.22	$962
Jul 2009	0	581	61.13	3.46	$2,013
Jun 2009	0	194	66.16	3.90	$756
May 2009	0	316	54.74	3.93	$1,241
Apr 2009	0	304	46.77	3.59	$1,091
Mar 2009	0	304	42.14	4.06	$1,234
Feb 2009	0	286	32.81	4.63	$1,325
Jan 2009	0	600	35.86	5.37	$3,223
Dec 2008	0	436	37.10	5.98	$2,606
Nov 2008	0	646	55.49	6.86	$4,432
Oct 2008	0	797	75.24	6.92	$5,517
Sep 2008	0	1,039	101.76	7.88	$8,184
Aug 2008	0	1,351	114.22	8.48	$11,461
Jul 2008	0	685	131.08	11.39	$7,802
Jun 2008	0	685	131.33	13.03	$8,927
May 2008	0	838	123.17	11.57	$9,699
Apr 2008	0	743	110.31	10.45	$7,768
Mar 2008	0	868	101.90	9.66	$8,388
Feb 2008	0	939	92.53	8.77	$8,236
Jan 2008	0	1,081	90.38	8.21	$8,870
Dec 2007	0	1,117	88.33	7.30	$8,156
Nov 2007	0	838	91.67	7.29	$6,110
Oct 2007	0	893	82.85	6.92	$6,181
Sep 2007	0	840	75.84	6.24	$5,245
Aug 2007	0	928	69.06	6.39	$5,928
Jul 2007	0	697	70.90	6.39	$4,452
Jun 2007	0	951	62.00	7.55	$7,179
May 2007	0	859	58.74	7.85	$6,740
Apr 2007	0	1,147	59.61	7.81	$8,953
Mar 2007	0	1,341	56.92	7.30	$9,792
Feb 2007	0	1,028	55.10	8.22	$8,446
Jan 2007	0	1,173	50.30	6.73	$7,891
Dec 2006	0	2,502	56.65	6.92	$17,310
Nov 2006	0	3,352	54.20	7.62	$25,534
Oct 2006	0	3,006	54.90	6.01	$18,077
Sep 2006	0	3,758	60.08	5.04	$18,930
Aug 2006	0	3,625	68.71	7.34	$26,607
Jul 2006	0	3,064	69.37	6.34	$19,434
Jun 2006	0	3,688	66.28	6.38	$23,544
May 2006	0	3,741	66.01	6.42	$24,036
Apr 2006	0	3,661	64.39	7.36	$26,947
Mar 2006	0	4,089	56.70	7.08	$28,962
Feb 2006	0	3,665	57.59	7.75	$28,408
Jan 2006	0	4,026	60.59	8.93	$35,966
Dec 2005	0	3,172	54.94	13.42	$42,554
Nov 2005	0	2,539	54.69	10.59	$26,884
Oct 2005	0	2,738	58.34	13.80	$37,773
Sep 2005	0	2,738	61.45	12.08	$33,072
Aug 2005	0	3,194	61.51	9.80	$31,291
Jul 2005	0	4,991	55.69	7.84	$39,148
Jun 2005	0	2,641	52.33	7.38	$19,493
May 2005	0	304	45.22	6.65	$2,022
Apr 2005	0	523	49.20	7.36	$3,850
Mar 2005	0	498	50.37	7.15	$3,563
Feb 2005	0	432	45.22	6.31	$2,727
Jan 2005	0	463	43.16	6.32	$2,927
Dec 2004	0	455	39.86	6.75	$3,072
Nov 2004	0	449	45.28	6.33	$2,842
Oct 2004	0	527	49.70	6.52	$3,433
Sep 2004	0	287	43.24	5.28	$1,516
Aug 2004	0	880	42.37	5.55	$4,885
Jul 2004	0	743	38.28	6.08	$4,521
Jun 2004	0	736	36.10	6.43	$4,735
May 2004	0	776	37.48	6.49	$5,040
Apr 2004	0	769	34.47	5.86	$4,505
Mar 2004	0	817	34.36	5.53	$4,518
Feb 2004	0	830	32.45	5.51	$4,573
Jan 2004	1	871	32.03	6.30	$5,519
Dec 2003	1	848	30.26	6.30	$5,374
Nov 2003	0	791	28.80	4.60	$3,635
Oct 2003	0	903	28.17	4.76	$4,298
Sep 2003	9	855	26.31	4.75	$4,297
Aug 2003	8	987	29.76	5.13	$5,301
Jul 2003	42	1,140	29.41	5.17	$7,130
Jun 2003	37	923	28.56	5.98	$6,579
May 2003	9	630	26.59	5.97	$4,002
Apr 2003	11	671	26.67	5.41	$3,922
Mar 2003	20	748	31.14	6.10	$5,183
Feb 2003	7	610	33.48	7.93	$5,069
Jan 2003	11	723	30.31	5.58	$4,369
Dec 2002	12	685	26.91	4.85	$3,648
Nov 2002	12	650	24.66	4.14	$2,985
Oct 2002	4	651	26.46	4.23	$2,859
Sep 2002	5	730	27.44	3.64	$2,791
Aug 2002	5	755	25.96	3.16	$2,519
Jul 2002	7	583	24.58	3.06	$1,957
Jun 2002	5	704	23.73	3.34	$2,469
May 2002	6	717	24.66	3.58	$2,718
Apr 2002	4	819	23.65	3.51	$2,971
Mar 2002	5	429	22.00	3.10	$1,441
Feb 2002	6	484	18.22	2.38	$1,259
Jan 2002	10	715	17.17	2.38	$1,870
Dec 2001	11	633	16.93	2.36	$1,683
Nov 2001	9	637	18.07	2.41	$1,695
Oct 2001	4	643	19.78	2.53	$1,705
Sep 2001	5	623	24.26	2.25	$1,524
Aug 2001	6	612	24.87	3.05	$2,018
Jul 2001	4	584	23.93	3.20	$1,963
Jun 2001	6	542	24.56	3.82	$2,220
May 2001	9	636	25.52	4.31	$2,969
Apr 2001	15	650	24.68	5.34	$3,838
Mar 2001	16	678	24.54	5.38	$4,038
Feb 2001	7	560	27.75	5.77	$3,424
Jan 2001	10	733	27.47	8.40	$6,431
Dec 2000	11	613	26.88	9.12	$5,888
Nov 2000	5	613	32.21	5.66	$3,629
Oct 2000	9	651	31.23	5.15	$3,631
Sep 2000	4	655	31.87	5.19	$3,525
Aug 2000	4	655	29.64	4.54	$3,093
Jul 2000	3	573	28.53	4.09	$2,429
Jun 2000	5	580	29.30	4.40	$2,697
May 2000	9	631	27.26	3.68	$2,567
Apr 2000	6	663	24.51	3.12	$2,213
Mar 2000	13	592	28.42	2.86	$2,062
Feb 2000	7	547	27.62	2.73	$1,685
Jan 2000	8	612	25.27	2.48	$1,720
Dec 1999	11	616	24.28	2.42	$1,760
Nov 1999	12	566	23.19	2.43	$1,656
Oct 1999	10	666	20.98	2.80	$2,077
Sep 1999	8	545	21.75	2.62	$1,601
Aug 1999	8	583	19.26	2.88	$1,831
Jul 1999	12	627	17.89	2.37	$1,702
Jun 1999	8	656	15.94	2.36	$1,677
May 1999	4	682	15.79	2.32	$1,646
Apr 1999	4	625	15.10	2.21	$1,440
Mar 1999	6	678	12.47	1.84	$1,321
Feb 1999	0	529	9.98	1.82	$962
Jan 1999	4	594	10.38	1.90	$1,170
Dec 1998	0	546	9.20	1.77	$968
Nov 1998	5	410	10.89	2.19	$951
Oct 1998	0	617	12.42	1.97	$1,215
Sep 1998	0	496	12.59	2.08	$1,033
Aug 1998	5	499	11.30	1.91	$1,008
Jul 1998	0	449	11.74	2.24	$1,005
Jun 1998	6	514	11.24	2.24	$1,217
May 1998	0	478	12.62	2.21	$1,055
Apr 1998	6	496	13.04	2.51	$1,321
Mar 1998	6	542	12.80	2.31	$1,329
Feb 1998	0	521	13.95	2.30	$1,198
Jan 1998	10	538	14.70	2.15	$1,306
Dec 1997	5	534	16.32	2.41	$1,369
Nov 1997	5	531	18.19	3.09	$1,731
Oct 1997	12	627	19.25	3.15	$2,206
Sep 1997	0	676	17.74	2.95	$1,998
Aug 1997	7	652	17.86	2.55	$1,791
Jul 1997	7	514	17.58	2.25	$1,278
Jun 1997	0	522	17.24	2.26	$1,178
May 1997	7	649	18.97	2.31	$1,631
Apr 1997	8	619	17.88	2.08	$1,432
Mar 1997	8	649	18.95	1.94	$1,410
Feb 1997	8	611	20.49	2.21	$1,512
Jan 1997	9	641	23.48	3.54	$2,480
Dec 1996	7	571	23.32	—	$163
Nov 1996	0	338	21.97	—	$0
Oct 1996	7	526	23.31	—	$163
Sep 1996	7	529	22.22	—	$156
Aug 1996	0	554	20.26	—	$0
Jul 1996	7	559	19.55	—	$137
Jun 1996	6	578	18.73	—	$112
May 1996	14	578	19.43	—	$272
Apr 1996	0	582	21.51	—	$0
Mar 1996	14	573	19.38	—	$271
Feb 1996	0	536	16.98	—	$0
Jan 1996	7	587	17.07	—	$119
Dec 1995	7	603	17.19	—	$120
Nov 1995	6	602	16.00	—	$96
Oct 1995	5	657	15.43	—	$77
Sep 1995	3	673	16.18	—	$49
Aug 1995	8	684	15.92	—	$127
Jul 1995	0	705	15.24	—	$0
Jun 1995	3	678	16.41	—	$49
May 1995	7	712	17.56	—	$123
Apr 1995	4	690	17.73	—	$71
Mar 1995	3	705	16.44	—	$49
Feb 1995	4	595	16.58	—	$66
Jan 1995	3	700	15.92	—	$48
Dec 1994	4	754	15.03	—	$60
Nov 1994	3	698	15.90	—	$48
Oct 1994	3	756	15.58	—	$47
Sep 1994	2	780	15.29	—	$31
Aug 1994	4	828	16.13	—	$65
Jul 1994	0	871	17.56	—	$0
Jun 1994	3	632	17.09	—	$51
May 1994	3	655	15.88	—	$48
Apr 1994	3	821	14.14	—	$42
Mar 1994	2	869	12.46	—	$25
Feb 1994	3	903	12.50	—	$38
Jan 1994	3	1,037	12.66	—	$38
Dec 1993	3	1,123	12.33	—	$37
Nov 1993	0	1,135	14.49	—	$0
Oct 1993	3	1,216	15.85	—	$48
Sep 1993	3	1,237	15.03	—	$45
Aug 1993	0	1,438	15.66	—	$0
Jul 1993	3	1,485	15.46	—	$46
Jun 1993	3	1,634	16.79	—	$50
May 1993	2	1,883	17.68	—	$35
Apr 1993	1	1,824	18.05	—	$18
Mar 1993	0	2,028	18.14	—	$0
Feb 1993	0	2,072	17.90	—	$0
Jan 1993	0	2,619	16.93	—	$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.

Aug 2012 — as filed, then multipliedworked

Condensate             0 bbl  × $ 92.66 =         $0
Gas                  756 Mcf  × $  2.91 =     $2,199

────────────────────────────────────────────────────
Month total                                   $2,199

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/143224 is the state's own key, not one this site invented.