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 143230District 04Field 355665002 tax incentive programmesCondensateGasSave Export

Value, all time

$584 k

Jan 1993 – May 2019

Value, last 12 filed months

at the published price for each month

Months reported

317

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	1993-06-22	127053
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	518 bbl	$14,573
Gas	Production	228,454 Mcf	$569,744
Total			$584,318

86,293 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 28.0380, -99.8978. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.03796, -99.89776 · 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

6,000 ft

1 wells filed one

Completion to plug

26.4 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 6,000 ft.

Completions filed

Dec 1992

1 of 1 wells

Plug dates filed

May 2019

1 of 1 wells

Last completion to plug: a median of 26.4 years across the 1 well that filed both dates, with the middle half between 26.4 years and 26.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47931767	1017A	6,000 ft	Dec 1992	May 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 (317)

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

317 months


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	1	24	45.35	2.69	$110
May 2016	0	68	42.52	1.99	$135
Apr 2016	0	110	36.56	1.99	$219
Mar 2016	0	94	33.01	1.79	$169
Feb 2016	0	105	26.47	2.06	$217
Jan 2016	0	98	27.35	2.36	$232
Dec 2015	1	121	32.36	2.00	$275
Nov 2015	0	72	38.79	2.17	$156
Oct 2015	0	122	43.55	2.43	$296
Sep 2015	0	107	42.99	2.76	$295
Aug 2015	0	136	40.16	2.87	$391
Jul 2015	4	332	48.15	2.95	$1,170
Jun 2015	0	763	56.15	2.88	$2,200
May 2015	0	660	55.21	2.96	$1,951
Apr 2015	0	793	49.82	2.71	$2,146
Mar 2015	3	590	42.89	2.93	$1,860
Feb 2015	0	454	44.66	2.98	$1,351
Jan 2015	3	405	43.43	3.10	$1,386
Dec 2014	0	541	54.69	3.59	$1,943
Nov 2014	0	600	70.46	4.25	$2,551
Oct 2014	4	749	78.30	3.90	$3,235
Sep 2014	0	789	86.16	4.05	$3,192
Aug 2014	0	790	89.39	4.04	$3,188
Jul 2014	3	805	96.56	4.18	$3,654
Jun 2014	0	692	98.16	4.74	$3,278
May 2014	0	640	94.73	4.73	$3,025
Apr 2014	3	679	95.94	4.81	$3,553
Mar 2014	0	765	95.89	5.06	$3,868
Feb 2014	4	788	97.40	6.19	$5,269
Jan 2014	0	1,067	90.40	4.86	$5,186
Dec 2013	3	991	91.82	4.35	$4,591
Nov 2013	0	723	88.85	3.74	$2,703
Oct 2013	3	620	97.42	3.78	$2,635
Sep 2013	2	579	104.11	3.72	$2,361
Aug 2013	0	593	104.25	3.52	$2,089
Jul 2013	0	570	102.52	3.72	$2,119
Jun 2013	0	737	94.40	3.93	$2,899
May 2013	4	1,101	94.83	4.15	$4,947
Apr 2013	0	1,039	93.96	4.28	$4,450
Mar 2013	4	1,018	93.62	3.91	$4,358
Feb 2013	0	933	91.23	3.42	$3,191
Jan 2013	4	1,083	91.60	3.42	$4,070
Dec 2012	0	1,123	86.77	3.42	$3,841
Nov 2012	4	1,042	86.95	3.62	$4,125
Oct 2012	0	1,139	89.38	3.40	$3,872
Sep 2012	0	938	94.67	2.92	$2,737
Aug 2012	4	982	92.66	2.91	$3,226
Jul 2012	2	1,013	85.13	3.02	$3,230
Jun 2012	0	1,023	79.82	2.52	$2,577
May 2012	4	1,025	91.61	2.49	$2,917
Apr 2012	0	1,057	101.65	2.00	$2,111
Mar 2012	3	1,125	105.05	2.22	$2,815
Feb 2012	0	532	101.10	2.57	$1,367
Jan 2012	2	367	98.09	2.73	$1,200
Dec 2011	2	673	96.87	3.24	$2,374
Nov 2011	1	572	95.72	3.31	$1,990
Oct 2011	0	104	84.98	3.65	$379
Sep 2011	0	1,032	83.62	3.99	$4,113
Aug 2011	1	446	83.40	4.15	$1,934
Jul 2011	0	280	94.14	4.52	$1,265
Jun 2011	0	738	92.90	4.64	$3,424
May 2011	1	553	98.13	4.40	$2,534
Apr 2011	0	333	105.96	4.33	$1,443
Mar 2011	0	368	96.36	4.06	$1,493
Feb 2011	0	154	85.64	4.18	$644
Jan 2011	0	793	86.50	4.59	$3,639
Dec 2010	0	452	85.73	4.35	$1,965
Nov 2010	0	662	80.84	3.80	$2,513
Oct 2010	0	334	78.10	3.51	$1,172
Sep 2010	0	1,259	72.63	3.98	$5,010
Aug 2010	0	906	73.68	4.42	$4,004
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	111	70.36	4.91	$545
May 2010	0	101	71.12	4.24	$428
Apr 2010	0	92	81.69	4.12	$379
Mar 2010	0	97	78.39	4.39	$426
Feb 2010	0	117	73.58	5.44	$637
Jan 2010	0	129	74.36	5.96	$769
Dec 2009	0	195	71.44	5.48	$1,069
Nov 2009	0	180	74.59	3.75	$675
Oct 2009	0	233	72.54	4.11	$958
Sep 2009	0	164	65.54	3.06	$503
Aug 2009	0	121	67.42	3.22	$389
Jul 2009	0	164	61.13	3.46	$568
Jun 2009	0	178	66.16	3.90	$693
May 2009	0	219	54.74	3.93	$860
Apr 2009	0	197	46.77	3.59	$707
Mar 2009	0	197	42.14	4.06	$800
Feb 2009	0	246	32.81	4.63	$1,140
Jan 2009	0	189	35.86	5.37	$1,015
Dec 2008	0	213	37.10	5.98	$1,273
Nov 2008	0	188	55.49	6.86	$1,290
Oct 2008	0	215	75.24	6.92	$1,488
Sep 2008	0	257	101.76	7.88	$2,024
Aug 2008	0	276	114.22	8.48	$2,341
Jul 2008	0	235	131.08	11.39	$2,677
Jun 2008	0	199	131.33	13.03	$2,593
May 2008	0	261	123.17	11.57	$3,021
Apr 2008	0	256	110.31	10.45	$2,676
Mar 2008	0	258	101.90	9.66	$2,493
Feb 2008	0	233	92.53	8.77	$2,044
Jan 2008	0	337	90.38	8.21	$2,765
Dec 2007	0	310	88.33	7.30	$2,264
Nov 2007	0	358	91.67	7.29	$2,610
Oct 2007	0	315	82.85	6.92	$2,180
Sep 2007	0	378	75.84	6.24	$2,360
Aug 2007	0	310	69.06	6.39	$1,980
Jul 2007	0	415	70.90	6.39	$2,651
Jun 2007	0	366	62.00	7.55	$2,763
May 2007	0	307	58.74	7.85	$2,409
Apr 2007	0	414	59.61	7.81	$3,231
Mar 2007	0	349	56.92	7.30	$2,548
Feb 2007	0	274	55.10	8.22	$2,251
Jan 2007	0	273	50.30	6.73	$1,836
Dec 2006	0	260	56.65	6.92	$1,799
Nov 2006	0	362	54.20	7.62	$2,758
Oct 2006	0	315	54.90	6.01	$1,894
Sep 2006	0	376	60.08	5.04	$1,894
Aug 2006	0	393	68.71	7.34	$2,885
Jul 2006	0	497	69.37	6.34	$3,152
Jun 2006	0	316	66.28	6.38	$2,017
May 2006	0	433	66.01	6.42	$2,782
Apr 2006	0	504	64.39	7.36	$3,710
Mar 2006	0	570	56.70	7.08	$4,037
Feb 2006	0	542	57.59	7.75	$4,201
Jan 2006	0	453	60.59	8.93	$4,047
Dec 2005	0	329	54.94	13.42	$4,414
Nov 2005	0	408	54.69	10.59	$4,320
Oct 2005	0	396	58.34	13.80	$5,463
Sep 2005	0	306	61.45	12.08	$3,696
Aug 2005	0	386	61.51	9.80	$3,782
Jul 2005	0	352	55.69	7.84	$2,761
Jun 2005	0	349	52.33	7.38	$2,576
May 2005	0	468	45.22	6.65	$3,113
Apr 2005	0	304	49.20	7.36	$2,238
Mar 2005	0	359	50.37	7.15	$2,569
Feb 2005	0	285	45.22	6.31	$1,799
Jan 2005	0	368	43.16	6.32	$2,327
Dec 2004	0	336	39.86	6.75	$2,268
Nov 2004	0	365	45.28	6.33	$2,311
Oct 2004	0	330	49.70	6.52	$2,150
Sep 2004	0	305	43.24	5.28	$1,612
Aug 2004	0	585	42.37	5.55	$3,247
Jul 2004	0	585	38.28	6.08	$3,559
Jun 2004	0	432	36.10	6.43	$2,779
May 2004	0	483	37.48	6.49	$3,137
Apr 2004	0	486	34.47	5.86	$2,847
Mar 2004	0	539	34.36	5.53	$2,981
Feb 2004	0	502	32.45	5.51	$2,766
Jan 2004	0	547	32.03	6.30	$3,446
Dec 2003	0	557	30.26	6.30	$3,510
Nov 2003	0	418	28.80	4.60	$1,921
Oct 2003	0	641	28.17	4.76	$3,051
Sep 2003	0	423	26.31	4.75	$2,009
Aug 2003	0	486	29.76	5.13	$2,493
Jul 2003	0	573	29.41	5.17	$2,963
Jun 2003	0	488	28.56	5.98	$2,920
May 2003	0	172	26.59	5.97	$1,027
Apr 2003	0	419	26.67	5.41	$2,266
Mar 2003	1	653	31.14	6.10	$4,012
Feb 2003	1	548	33.48	7.93	$4,377
Jan 2003	3	726	30.31	5.58	$4,143
Dec 2002	4	613	26.91	4.85	$3,083
Nov 2002	4	704	24.66	4.14	$3,011
Oct 2002	1	586	26.46	4.23	$2,505
Sep 2002	2	611	27.44	3.64	$2,276
Aug 2002	1	734	25.96	3.16	$2,348
Jul 2002	2	708	24.58	3.06	$2,217
Jun 2002	1	744	23.73	3.34	$2,507
May 2002	3	1,196	24.66	3.58	$4,360
Apr 2002	2	1,193	23.65	3.51	$4,238
Mar 2002	2	298	22.00	3.10	$969
Feb 2002	2	641	18.22	2.38	$1,559
Jan 2002	2	794	17.17	2.38	$1,921
Dec 2001	3	672	16.93	2.36	$1,640
Nov 2001	3	1,023	18.07	2.41	$2,515
Oct 2001	0	232	19.78	2.53	$587
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	1	214	24.87	3.05	$678
Jul 2001	1	256	23.93	3.20	$842
Jun 2001	0	0	24.56	3.82	$0
May 2001	1	12	25.52	4.31	$77
Apr 2001	5	544	24.68	5.34	$3,026
Mar 2001	5	551	24.54	5.38	$3,085
Feb 2001	2	319	27.75	5.77	$1,895
Jan 2001	4	653	27.47	8.40	$5,594
Dec 2000	7	835	26.88	9.12	$7,805
Nov 2000	4	811	32.21	5.66	$4,717
Oct 2000	5	905	31.23	5.15	$4,813
Sep 2000	2	851	31.87	5.19	$4,477
Aug 2000	2	836	29.64	4.54	$3,855
Jul 2000	1	782	28.53	4.09	$3,227
Jun 2000	3	797	29.30	4.40	$3,593
May 2000	5	948	27.26	3.68	$3,625
Apr 2000	3	821	24.51	3.12	$2,632
Mar 2000	7	903	28.42	2.86	$2,781
Feb 2000	5	868	27.62	2.73	$2,505
Jan 2000	4	960	25.27	2.48	$2,482
Dec 1999	7	920	24.28	2.42	$2,400
Nov 1999	6	775	23.19	2.43	$2,025
Oct 1999	6	933	20.98	2.80	$2,742
Sep 1999	4	918	21.75	2.62	$2,491
Aug 1999	4	970	19.26	2.88	$2,866
Jul 1999	6	1,099	17.89	2.37	$2,715
Jun 1999	5	1,118	15.94	2.36	$2,721
May 1999	2	1,170	15.79	2.32	$2,747
Apr 1999	2	1,405	15.10	2.21	$3,133
Mar 1999	4	1,316	12.47	1.84	$2,469
Feb 1999	0	1,115	9.98	1.82	$2,027
Jan 1999	4	1,224	10.38	1.90	$2,367
Dec 1998	0	1,237	9.20	1.77	$2,194
Nov 1998	4	1,201	10.89	2.19	$2,669
Oct 1998	0	1,456	12.42	1.97	$2,867
Sep 1998	0	1,288	12.59	2.08	$2,682
Aug 1998	4	1,279	11.30	1.91	$2,485
Jul 1998	0	1,335	11.74	2.24	$2,987
Jun 1998	6	1,210	11.24	2.24	$2,775
May 1998	0	1,180	12.62	2.21	$2,603
Apr 1998	7	1,105	13.04	2.51	$2,860
Mar 1998	9	1,221	12.80	2.31	$2,935
Feb 1998	0	1,195	13.95	2.30	$2,747
Jan 1998	19	1,534	14.70	2.15	$3,585
Dec 1997	10	1,495	16.32	2.41	$3,768
Nov 1997	10	1,415	18.19	3.09	$4,552
Oct 1997	18	1,619	19.25	3.15	$5,446
Sep 1997	0	1,538	17.74	2.95	$4,545
Aug 1997	11	1,419	17.86	2.55	$3,822
Jul 1997	9	1,239	17.58	2.25	$2,942
Jun 1997	0	1,198	17.24	2.26	$2,704
May 1997	8	1,194	18.97	2.31	$2,908
Apr 1997	7	1,043	17.88	2.08	$2,298
Mar 1997	6	1,242	18.95	1.94	$2,522
Feb 1997	4	547	20.49	2.21	$1,289
Jan 1997	4	565	23.48	3.54	$2,094
Dec 1996	5	574	23.32	—	$117
Nov 1996	0	608	21.97	—	$0
Oct 1996	4	632	23.31	—	$93
Sep 1996	3	669	22.22	—	$67
Aug 1996	0	692	20.26	—	$0
Jul 1996	4	742	19.55	—	$78
Jun 1996	4	753	18.73	—	$75
May 1996	8	781	19.43	—	$155
Apr 1996	0	771	21.51	—	$0
Mar 1996	8	815	19.38	—	$155
Feb 1996	0	825	16.98	—	$0
Jan 1996	4	894	17.07	—	$68
Dec 1995	3	886	17.19	—	$52
Nov 1995	4	975	16.00	—	$64
Oct 1995	3	982	15.43	—	$46
Sep 1995	3	1,041	16.18	—	$49
Aug 1995	6	1,155	15.92	—	$96
Jul 1995	0	1,245	15.24	—	$0
Jun 1995	3	1,220	16.41	—	$49
May 1995	7	1,337	17.56	—	$123
Apr 1995	4	1,380	17.73	—	$71
Mar 1995	4	1,444	16.44	—	$66
Feb 1995	4	1,335	16.58	—	$66
Jan 1995	4	1,505	15.92	—	$64
Dec 1994	3	1,183	15.03	—	$45
Nov 1994	4	1,345	15.90	—	$64
Oct 1994	4	1,510	15.58	—	$62
Sep 1994	4	1,425	15.29	—	$61
Aug 1994	4	1,588	16.13	—	$65
Jul 1994	0	1,779	17.56	—	$0
Jun 1994	4	1,630	17.09	—	$68
May 1994	3	1,689	15.88	—	$48
Apr 1994	3	1,588	14.14	—	$42
Mar 1994	2	1,809	12.46	—	$25
Feb 1994	3	1,614	12.50	—	$38
Jan 1994	3	1,825	12.66	—	$38
Dec 1993	3	2,001	12.33	—	$37
Nov 1993	0	2,004	14.49	—	$0
Oct 1993	3	2,024	15.85	—	$48
Sep 1993	3	2,298	15.03	—	$45
Aug 1993	0	3,317	15.66	—	$0
Jul 1993	3	3,695	15.46	—	$46
Jun 1993	4	3,949	16.79	—	$67
May 1993	4	4,704	17.68	—	$71
Apr 1993	4	4,460	18.05	—	$72
Mar 1993	4	4,810	18.14	—	$73
Feb 1993	4	4,624	17.90	—	$72
Jan 1993	4	6,161	16.93	—	$68

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             1 bbl  × $ 45.35 =        $45
Gas                   24 Mcf  × $  2.69 =        $64

────────────────────────────────────────────────────
Month total                                     $110

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/143230 is the state's own key, not one this site invented.