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 143225District 04Field 355665002 tax incentive programmesCondensateGasSave Export

Value, all time

$1.6 M

Jan 1993 – Jul 2018

Value, last 12 filed months

at the published price for each month

Months reported

307

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	1993-03-03	126575
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	647 bbl	$17,882
Gas	Production	420,542 Mcf	$1,612,867
Total			$1,630,748

109,251 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 28.0378, -99.8617. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.03779, -99.86171 · 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

6,550 ft

1 wells filed one

Completion to plug

25.8 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 6,550 ft.

Completions filed

Oct 1992

1 of 1 wells

Plug dates filed

Jul 2018

1 of 1 wells

Last completion to plug: a median of 25.8 years across the 1 well that filed both dates, with the middle half between 25.8 years and 25.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47933626	5019	6,550 ft	Oct 1992	Jul 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 (307)

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

307 months


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	6	92	45.35	2.69	$519
May 2016	0	626	42.52	1.99	$1,246
Apr 2016	0	806	36.56	1.99	$1,605
Mar 2016	0	569	33.01	1.79	$1,021
Feb 2016	0	547	26.47	2.06	$1,129
Jan 2016	0	713	27.35	2.36	$1,686
Dec 2015	3	672	32.36	2.00	$1,442
Nov 2015	0	502	38.79	2.17	$1,088
Oct 2015	0	523	43.55	2.43	$1,269
Sep 2015	0	324	42.99	2.76	$894
Aug 2015	0	487	40.16	2.87	$1,399
Jul 2015	4	370	48.15	2.95	$1,282
Jun 2015	0	429	56.15	2.88	$1,237
May 2015	0	723	55.21	2.96	$2,137
Apr 2015	0	638	49.82	2.71	$1,727
Mar 2015	3	525	42.89	2.93	$1,669
Feb 2015	0	537	44.66	2.98	$1,598
Jan 2015	3	421	43.43	3.10	$1,436
Dec 2014	0	511	54.69	3.59	$1,835
Nov 2014	0	443	70.46	4.25	$1,884
Oct 2014	4	797	78.30	3.90	$3,422
Sep 2014	0	774	86.16	4.05	$3,131
Aug 2014	0	836	89.39	4.04	$3,373
Jul 2014	4	822	96.56	4.18	$3,822
Jun 2014	0	786	98.16	4.74	$3,723
May 2014	0	869	94.73	4.73	$4,107
Apr 2014	4	861	95.94	4.81	$4,524
Mar 2014	0	878	95.89	5.06	$4,440
Feb 2014	4	784	97.40	6.19	$5,244
Jan 2014	0	1,068	90.40	4.86	$5,191
Dec 2013	3	784	91.82	4.35	$3,689
Nov 2013	0	652	88.85	3.74	$2,437
Oct 2013	3	644	97.42	3.78	$2,726
Sep 2013	2	574	104.11	3.72	$2,342
Aug 2013	0	601	104.25	3.52	$2,117
Jul 2013	0	545	102.52	3.72	$2,026
Jun 2013	0	776	94.40	3.93	$3,052
May 2013	4	1,105	94.83	4.15	$4,964
Apr 2013	0	1,050	93.96	4.28	$4,497
Mar 2013	4	1,032	93.62	3.91	$4,413
Feb 2013	0	934	91.23	3.42	$3,194
Jan 2013	4	1,092	91.60	3.42	$4,101
Dec 2012	0	1,130	86.77	3.42	$3,865
Nov 2012	4	1,057	86.95	3.62	$4,179
Oct 2012	0	1,095	89.38	3.40	$3,723
Sep 2012	0	997	94.67	2.92	$2,910
Aug 2012	4	994	92.66	2.91	$3,261
Jul 2012	2	1,016	85.13	3.02	$3,239
Jun 2012	0	1,014	79.82	2.52	$2,554
May 2012	4	1,030	91.61	2.49	$2,929
Apr 2012	0	1,054	101.65	2.00	$2,105
Mar 2012	3	1,132	105.05	2.22	$2,831
Feb 2012	0	683	101.10	2.57	$1,755
Jan 2012	2	821	98.09	2.73	$2,441
Dec 2011	1	237	96.87	3.24	$865
Nov 2011	1	445	95.72	3.31	$1,569
Oct 2011	0	103	84.98	3.65	$376
Sep 2011	0	700	83.62	3.99	$2,790
Aug 2011	1	540	83.40	4.15	$2,324
Jul 2011	0	753	94.14	4.52	$3,401
Jun 2011	1	741	92.90	4.64	$3,531
May 2011	1	288	98.13	4.40	$1,367
Apr 2011	0	373	105.96	4.33	$1,616
Mar 2011	0	463	96.36	4.06	$1,879
Feb 2011	0	284	85.64	4.18	$1,187
Jan 2011	0	640	86.50	4.59	$2,937
Dec 2010	0	680	85.73	4.35	$2,956
Nov 2010	0	634	80.84	3.80	$2,406
Oct 2010	0	559	78.10	3.51	$1,961
Sep 2010	0	366	72.63	3.98	$1,456
Aug 2010	0	503	73.68	4.42	$2,223
Jul 2010	0	767	72.55	4.74	$3,633
Jun 2010	0	543	70.36	4.91	$2,666
May 2010	0	508	71.12	4.24	$2,151
Apr 2010	0	575	81.69	4.12	$2,371
Mar 2010	0	653	78.39	4.39	$2,866
Feb 2010	0	634	73.58	5.44	$3,450
Jan 2010	7	860	74.36	5.96	$5,650
Dec 2009	0	937	71.44	5.48	$5,138
Nov 2009	0	952	74.59	3.75	$3,571
Oct 2009	0	912	72.54	4.11	$3,749
Sep 2009	0	794	65.54	3.06	$2,433
Aug 2009	0	1,221	67.42	3.22	$3,930
Jul 2009	0	1,004	61.13	3.46	$3,478
Jun 2009	0	604	66.16	3.90	$2,353
May 2009	0	841	54.74	3.93	$3,302
Apr 2009	0	1,263	46.77	3.59	$4,531
Mar 2009	0	1,263	42.14	4.06	$5,127
Feb 2009	0	1,092	32.81	4.63	$5,059
Jan 2009	0	1,419	35.86	5.37	$7,621
Dec 2008	0	1,405	37.10	5.98	$8,398
Nov 2008	0	1,168	55.49	6.86	$8,013
Oct 2008	0	737	75.24	6.92	$5,102
Sep 2008	0	954	101.76	7.88	$7,515
Aug 2008	0	1,160	114.22	8.48	$9,840
Jul 2008	0	1,170	131.08	11.39	$13,326
Jun 2008	0	1,221	131.33	13.03	$15,913
May 2008	0	1,552	123.17	11.57	$17,963
Apr 2008	0	1,027	110.31	10.45	$10,737
Mar 2008	0	1,349	101.90	9.66	$13,037
Feb 2008	0	589	92.53	8.77	$5,166
Jan 2008	0	1,977	90.38	8.21	$16,223
Dec 2007	0	1,865	88.33	7.30	$13,618
Nov 2007	0	2,085	91.67	7.29	$15,203
Oct 2007	0	2,014	82.85	6.92	$13,941
Sep 2007	0	1,955	75.84	6.24	$12,207
Aug 2007	0	2,115	69.06	6.39	$13,510
Jul 2007	0	2,055	70.90	6.39	$13,127
Jun 2007	0	2,338	62.00	7.55	$17,648
May 2007	0	2,230	58.74	7.85	$17,497
Apr 2007	0	2,443	59.61	7.81	$19,068
Mar 2007	0	2,482	56.92	7.30	$18,123
Feb 2007	0	2,123	55.10	8.22	$17,443
Jan 2007	0	2,483	50.30	6.73	$16,703
Dec 2006	0	2,323	56.65	6.92	$16,072
Nov 2006	0	2,247	54.20	7.62	$17,116
Oct 2006	0	2,564	54.90	6.01	$15,419
Sep 2006	0	2,568	60.08	5.04	$12,936
Aug 2006	0	2,841	68.71	7.34	$20,853
Jul 2006	0	3,258	69.37	6.34	$20,665
Jun 2006	0	2,980	66.28	6.38	$19,024
May 2006	0	2,441	66.01	6.42	$15,683
Apr 2006	0	2,053	64.39	7.36	$15,111
Mar 2006	0	1,730	56.70	7.08	$12,253
Feb 2006	0	1,553	57.59	7.75	$12,037
Jan 2006	0	1,996	60.59	8.93	$17,831
Dec 2005	0	2,115	54.94	13.42	$28,374
Nov 2005	0	2,186	54.69	10.59	$23,146
Oct 2005	0	2,148	58.34	13.80	$29,633
Sep 2005	0	2,078	61.45	12.08	$25,100
Aug 2005	0	2,247	61.51	9.80	$22,014
Jul 2005	0	2,217	55.69	7.84	$17,389
Jun 2005	0	2,216	52.33	7.38	$16,356
May 2005	0	2,323	45.22	6.65	$15,451
Apr 2005	0	2,406	49.20	7.36	$17,709
Mar 2005	0	2,584	50.37	7.15	$18,488
Feb 2005	0	2,366	45.22	6.31	$14,934
Jan 2005	0	2,652	43.16	6.32	$16,766
Dec 2004	0	2,136	39.86	6.75	$14,420
Nov 2004	0	1,858	45.28	6.33	$11,762
Oct 2004	0	2,071	49.70	6.52	$13,493
Sep 2004	0	1,462	43.24	5.28	$7,725
Aug 2004	0	328	42.37	5.55	$1,821
Jul 2004	0	1,286	38.28	6.08	$7,824
Jun 2004	0	1,307	36.10	6.43	$8,408
May 2004	0	374	37.48	6.49	$2,429
Apr 2004	0	259	34.47	5.86	$1,517
Mar 2004	0	984	34.36	5.53	$5,442
Feb 2004	0	2,643	32.45	5.51	$14,562
Jan 2004	0	3,712	32.03	6.30	$23,384
Dec 2003	0	1,665	30.26	6.30	$10,492
Nov 2003	0	3,735	28.80	4.60	$17,163
Oct 2003	0	2,400	28.17	4.76	$11,423
Sep 2003	0	2,966	26.31	4.75	$14,087
Aug 2003	0	2,064	29.76	5.13	$10,588
Jul 2003	0	2,689	29.41	5.17	$13,904
Jun 2003	0	3,100	28.56	5.98	$18,547
May 2003	0	1,620	26.59	5.97	$9,676
Apr 2003	0	2,625	26.67	5.41	$14,194
Mar 2003	0	3,255	31.14	6.10	$19,843
Feb 2003	0	3,702	33.48	7.93	$29,342
Jan 2003	0	3,597	30.31	5.58	$20,079
Dec 2002	0	3,708	26.91	4.85	$17,998
Nov 2002	0	3,856	24.66	4.14	$15,952
Oct 2002	0	3,951	26.46	4.23	$16,709
Sep 2002	0	4,289	27.44	3.64	$15,591
Aug 2002	0	4,558	25.96	3.16	$14,422
Jul 2002	0	4,446	24.58	3.06	$13,613
Jun 2002	1	3,988	23.73	3.34	$13,337
May 2002	8	1,628	24.66	3.58	$6,032
Apr 2002	3	820	23.65	3.51	$2,951
Mar 2002	3	514	22.00	3.10	$1,661
Feb 2002	3	642	18.22	2.38	$1,580
Jan 2002	4	650	17.17	2.38	$1,613
Dec 2001	4	538	16.93	2.36	$1,340
Nov 2001	7	997	18.07	2.41	$2,525
Oct 2001	1	476	19.78	2.53	$1,224
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	1	304	24.87	3.05	$953
Jul 2001	1	355	23.93	3.20	$1,159
Jun 2001	0	0	24.56	3.82	$0
May 2001	1	0	25.52	4.31	$26
Apr 2001	2	0	24.68	5.34	$49
Mar 2001	6	564	24.54	5.38	$3,180
Feb 2001	4	455	27.75	5.77	$2,735
Jan 2001	7	771	27.47	8.40	$6,668
Dec 2000	11	1,063	26.88	9.12	$9,993
Nov 2000	4	1,031	32.21	5.66	$5,962
Oct 2000	8	999	31.23	5.15	$5,390
Sep 2000	2	907	31.87	5.19	$4,768
Aug 2000	2	835	29.64	4.54	$3,851
Jul 2000	2	1,033	28.53	4.09	$4,282
Jun 2000	5	1,044	29.30	4.40	$4,737
May 2000	8	1,109	27.26	3.68	$4,299
Apr 2000	4	901	24.51	3.12	$2,906
Mar 2000	13	1,128	28.42	2.86	$3,595
Feb 2000	9	1,035	27.62	2.73	$3,071
Jan 2000	9	1,153	25.27	2.48	$3,087
Dec 1999	11	1,074	24.28	2.42	$2,870
Nov 1999	12	922	23.19	2.43	$2,522
Oct 1999	9	1,050	20.98	2.80	$3,133
Sep 1999	8	979	21.75	2.62	$2,738
Aug 1999	8	1,010	19.26	2.88	$3,058
Jul 1999	12	1,118	17.89	2.37	$2,867
Jun 1999	9	1,154	15.94	2.36	$2,869
May 1999	4	1,252	15.79	2.32	$2,969
Apr 1999	4	1,426	15.10	2.21	$3,209
Mar 1999	6	1,306	12.47	1.84	$2,476
Feb 1999	0	958	9.98	1.82	$1,741
Jan 1999	5	1,049	10.38	1.90	$2,045
Dec 1998	0	939	9.20	1.77	$1,665
Nov 1998	6	1,103	10.89	2.19	$2,476
Oct 1998	0	1,374	12.42	1.97	$2,706
Sep 1998	0	1,334	12.59	2.08	$2,778
Aug 1998	6	1,284	11.30	1.91	$2,517
Jul 1998	0	1,416	11.74	2.24	$3,168
Jun 1998	6	1,180	11.24	2.24	$2,707
May 1998	0	964	12.62	2.21	$2,127
Apr 1998	6	922	13.04	2.51	$2,388
Mar 1998	5	985	12.80	2.31	$2,339
Feb 1998	0	1,092	13.95	2.30	$2,511
Jan 1998	11	1,415	14.70	2.15	$3,211
Dec 1997	6	1,411	16.32	2.41	$3,500
Nov 1997	6	1,327	18.19	3.09	$4,207
Oct 1997	10	1,453	19.25	3.15	$4,769
Sep 1997	0	1,568	17.74	2.95	$4,633
Aug 1997	6	1,466	17.86	2.55	$3,852
Jul 1997	6	1,565	17.58	2.25	$3,622
Jun 1997	0	1,569	17.24	2.26	$3,542
May 1997	6	1,755	18.97	2.31	$4,165
Apr 1997	6	1,785	17.88	2.08	$3,825
Mar 1997	7	1,948	18.95	1.94	$3,910
Feb 1997	7	1,912	20.49	2.21	$4,361
Jan 1997	9	2,155	23.48	3.54	$7,839
Dec 1996	9	2,231	23.32	—	$210
Nov 1996	0	2,277	21.97	—	$0
Oct 1996	7	2,343	23.31	—	$163
Sep 1996	7	2,302	22.22	—	$156
Aug 1996	0	2,282	20.26	—	$0
Jul 1996	7	2,374	19.55	—	$137
Jun 1996	7	2,347	18.73	—	$131
May 1996	15	2,470	19.43	—	$291
Apr 1996	0	2,388	21.51	—	$0
Mar 1996	20	2,464	19.38	—	$388
Feb 1996	0	2,419	16.98	—	$0
Jan 1996	9	2,539	17.07	—	$154
Dec 1995	9	2,504	17.19	—	$155
Nov 1995	8	2,452	16.00	—	$128
Oct 1995	8	2,482	15.43	—	$123
Sep 1995	7	2,373	16.18	—	$113
Aug 1995	16	2,496	15.92	—	$255
Jul 1995	0	2,498	15.24	—	$0
Jun 1995	8	2,259	16.41	—	$131
May 1995	7	2,311	17.56	—	$123
Apr 1995	7	2,356	17.73	—	$124
Mar 1995	6	2,450	16.44	—	$99
Feb 1995	5	2,132	16.58	—	$83
Jan 1995	5	2,347	15.92	—	$80
Dec 1994	5	2,523	15.03	—	$75
Nov 1994	4	1,690	15.90	—	$64
Oct 1994	5	1,763	15.58	—	$78
Sep 1994	5	1,813	15.29	—	$76
Aug 1994	5	1,953	16.13	—	$81
Jul 1994	0	1,993	17.56	—	$0
Jun 1994	4	2,453	17.09	—	$68
May 1994	5	2,541	15.88	—	$79
Apr 1994	3	1,825	14.14	—	$42
Mar 1994	3	2,017	12.46	—	$37
Feb 1994	4	1,810	12.50	—	$50
Jan 1994	4	2,029	12.66	—	$51
Dec 1993	3	2,053	12.33	—	$37
Nov 1993	0	1,985	14.49	—	$0
Oct 1993	2	2,062	15.85	—	$32
Sep 1993	3	2,186	15.03	—	$45
Aug 1993	0	2,573	15.66	—	$0
Jul 1993	3	2,404	15.46	—	$46
Jun 1993	2	2,297	16.79	—	$34
May 1993	2	2,585	17.68	—	$35
Apr 1993	1	2,381	18.05	—	$18
Mar 1993	1	2,593	18.14	—	$18
Feb 1993	0	2,107	17.90	—	$0
Jan 1993	0	2,519	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.

Jun 2016 — as filed, then multipliedworked

Condensate             6 bbl  × $ 45.35 =       $272
Gas                   92 Mcf  × $  2.69 =       $247

────────────────────────────────────────────────────
Month total                                     $519

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/143225 is the state's own key, not one this site invented.