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 143749District 04Field 355665002 tax incentive programmesCondensateGasSave Export

Value, all time

$967 k

Jan 1993 – Sep 2017

Value, last 12 filed months

at the published price for each month

Months reported

297

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	1993-06-05	128126
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	61 bbl	$4,210
Gas	Production	224,338 Mcf	$963,223
Total			$967,433

41,072 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 28.0654, -99.8761. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.06543, -99.87606 · 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

5,750 ft

1 wells filed one

Completion to plug

24.8 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 5,750 ft.

Completions filed

Dec 1992

1 of 1 wells

Plug dates filed

Sep 2017

1 of 1 wells

Last completion to plug: a median of 24.8 years across the 1 well that filed both dates, with the middle half between 24.8 years and 24.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47904975	116	5,750 ft	Dec 1992	Sep 2017	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 (297)

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

297 months


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	97	45.35	2.69	$487
May 2016	0	466	42.52	1.99	$928
Apr 2016	0	611	36.56	1.99	$1,217
Mar 2016	7	711	33.01	1.79	$1,507
Feb 2016	0	634	26.47	2.06	$1,308
Jan 2016	0	803	27.35	2.36	$1,899
Dec 2015	0	807	32.36	2.00	$1,615
Nov 2015	0	1,033	38.79	2.17	$2,239
Oct 2015	0	1,220	43.55	2.43	$2,960
Sep 2015	0	1,125	42.99	2.76	$3,103
Aug 2015	6	560	40.16	2.87	$1,850
Jul 2015	0	475	48.15	2.95	$1,399
Jun 2015	0	631	56.15	2.88	$1,819
May 2015	0	148	55.21	2.96	$437
Apr 2015	0	799	49.82	2.71	$2,163
Mar 2015	0	1,005	42.89	2.93	$2,949
Feb 2015	4	1,127	44.66	2.98	$3,533
Jan 2015	7	629	43.43	3.10	$2,254
Dec 2014	0	658	54.69	3.59	$2,363
Nov 2014	0	682	70.46	4.25	$2,900
Oct 2014	0	745	78.30	3.90	$2,906
Sep 2014	0	653	86.16	4.05	$2,642
Aug 2014	3	550	89.39	4.04	$2,487
Jul 2014	0	763	96.56	4.18	$3,189
Jun 2014	0	749	98.16	4.74	$3,548
May 2014	0	852	94.73	4.73	$4,027
Apr 2014	5	798	95.94	4.81	$4,317
Mar 2014	0	843	95.89	5.06	$4,263
Feb 2014	5	710	97.40	6.19	$4,883
Jan 2014	0	751	90.40	4.86	$3,650
Dec 2013	5	912	91.82	4.35	$4,430
Nov 2013	0	837	88.85	3.74	$3,129
Oct 2013	0	558	97.42	3.78	$2,109
Sep 2013	0	732	104.11	3.72	$2,721
Aug 2013	0	859	104.25	3.52	$3,026
Jul 2013	0	869	102.52	3.72	$3,231
Jun 2013	0	915	94.40	3.93	$3,599
May 2013	0	976	94.83	4.15	$4,050
Apr 2013	0	894	93.96	4.28	$3,829
Mar 2013	0	945	93.62	3.91	$3,698
Feb 2013	4	864	91.23	3.42	$3,320
Jan 2013	0	968	91.60	3.42	$3,310
Dec 2012	0	958	86.77	3.42	$3,277
Nov 2012	0	893	86.95	3.62	$3,237
Oct 2012	4	967	89.38	3.40	$3,645
Sep 2012	0	853	94.67	2.92	$2,489
Aug 2012	0	871	92.66	2.91	$2,533
Jul 2012	0	861	85.13	3.02	$2,601
Jun 2012	0	882	79.82	2.52	$2,222
May 2012	0	823	91.61	2.49	$2,048
Apr 2012	0	901	101.65	2.00	$1,799
Mar 2012	4	863	105.05	2.22	$2,338
Feb 2012	0	632	101.10	2.57	$1,624
Jan 2012	0	731	98.09	2.73	$1,999
Dec 2011	0	724	96.87	3.24	$2,346
Nov 2011	1	639	95.72	3.31	$2,212
Oct 2011	0	540	84.98	3.65	$1,970
Sep 2011	0	776	83.62	3.99	$3,093
Aug 2011	0	380	83.40	4.15	$1,577
Jul 2011	0	394	94.14	4.52	$1,780
Jun 2011	0	774	92.90	4.64	$3,591
May 2011	0	780	98.13	4.40	$3,436
Apr 2011	0	405	105.96	4.33	$1,755
Mar 2011	1	359	96.36	4.06	$1,553
Feb 2011	0	284	85.64	4.18	$1,187
Jan 2011	0	329	86.50	4.59	$1,510
Dec 2010	0	268	85.73	4.35	$1,165
Nov 2010	0	241	80.84	3.80	$915
Oct 2010	0	395	78.10	3.51	$1,386
Sep 2010	0	237	72.63	3.98	$943
Aug 2010	0	153	73.68	4.42	$676
Jul 2010	0	263	72.55	4.74	$1,246
Jun 2010	0	307	70.36	4.91	$1,507
May 2010	0	409	71.12	4.24	$1,732
Apr 2010	0	769	81.69	4.12	$3,170
Mar 2010	0	920	78.39	4.39	$4,038
Feb 2010	0	477	73.58	5.44	$2,596
Jan 2010	0	547	74.36	5.96	$3,262
Dec 2009	0	768	71.44	5.48	$4,212
Nov 2009	0	1,008	74.59	3.75	$3,782
Oct 2009	0	900	72.54	4.11	$3,699
Sep 2009	0	643	65.54	3.06	$1,971
Aug 2009	0	1,277	67.42	3.22	$4,110
Jul 2009	0	834	61.13	3.46	$2,889
Jun 2009	0	380	66.16	3.90	$1,480
May 2009	0	846	54.74	3.93	$3,321
Apr 2009	0	536	46.77	3.59	$1,923
Mar 2009	0	539	42.14	4.06	$2,188
Feb 2009	0	392	32.81	4.63	$1,816
Jan 2009	0	460	35.86	5.37	$2,471
Dec 2008	0	232	37.10	5.98	$1,387
Nov 2008	0	687	55.49	6.86	$4,713
Oct 2008	0	665	75.24	6.92	$4,603
Sep 2008	0	792	101.76	7.88	$6,239
Aug 2008	0	577	114.22	8.48	$4,895
Jul 2008	0	1,401	131.08	11.39	$15,957
Jun 2008	0	1,318	131.33	13.03	$17,177
May 2008	0	1,446	123.17	11.57	$16,736
Apr 2008	0	1,307	110.31	10.45	$13,665
Mar 2008	0	1,421	101.90	9.66	$13,733
Feb 2008	0	1,238	92.53	8.77	$10,858
Jan 2008	0	1,357	90.38	8.21	$11,135
Dec 2007	0	2,039	88.33	7.30	$14,889
Nov 2007	0	2,233	91.67	7.29	$16,282
Oct 2007	0	1,978	82.85	6.92	$13,692
Sep 2007	0	789	75.84	6.24	$4,927
Aug 2007	0	1,273	69.06	6.39	$8,132
Jul 2007	0	1,867	70.90	6.39	$11,926
Jun 2007	0	2,211	62.00	7.55	$16,690
May 2007	0	2,722	58.74	7.85	$21,358
Apr 2007	0	3,140	59.61	7.81	$24,508
Mar 2007	0	3,879	56.92	7.30	$28,324
Feb 2007	0	3,117	55.10	8.22	$25,609
Jan 2007	0	3,246	50.30	6.73	$21,835
Dec 2006	0	2,442	56.65	6.92	$16,895
Nov 2006	0	2,650	54.20	7.62	$20,186
Oct 2006	0	2,206	54.90	6.01	$13,266
Sep 2006	0	2,297	60.08	5.04	$11,570
Aug 2006	0	4,041	68.71	7.34	$29,661
Jul 2006	0	1,985	69.37	6.34	$12,590
Jun 2006	0	615	66.28	6.38	$3,926
May 2006	0	689	66.01	6.42	$4,427
Apr 2006	0	736	64.39	7.36	$5,417
Mar 2006	0	874	56.70	7.08	$6,190
Feb 2006	0	855	57.59	7.75	$6,627
Jan 2006	0	908	60.59	8.93	$8,111
Dec 2005	0	601	54.94	13.42	$8,063
Nov 2005	0	741	54.69	10.59	$7,846
Oct 2005	0	732	58.34	13.80	$10,099
Sep 2005	0	755	61.45	12.08	$9,120
Aug 2005	0	785	61.51	9.80	$7,691
Jul 2005	0	700	55.69	7.84	$5,491
Jun 2005	0	609	52.33	7.38	$4,495
May 2005	0	697	45.22	6.65	$4,636
Apr 2005	0	789	49.20	7.36	$5,807
Mar 2005	0	888	50.37	7.15	$6,354
Feb 2005	0	555	45.22	6.31	$3,503
Jan 2005	0	429	43.16	6.32	$2,712
Dec 2004	0	470	39.86	6.75	$3,173
Nov 2004	0	344	45.28	6.33	$2,178
Oct 2004	0	396	49.70	6.52	$2,580
Sep 2004	0	408	43.24	5.28	$2,156
Aug 2004	0	659	42.37	5.55	$3,658
Jul 2004	0	646	38.28	6.08	$3,930
Jun 2004	0	638	36.10	6.43	$4,104
May 2004	0	654	37.48	6.49	$4,247
Apr 2004	0	580	34.47	5.86	$3,398
Mar 2004	0	789	34.36	5.53	$4,363
Feb 2004	0	699	32.45	5.51	$3,851
Jan 2004	0	747	32.03	6.30	$4,706
Dec 2003	0	731	30.26	6.30	$4,607
Nov 2003	0	714	28.80	4.60	$3,281
Oct 2003	0	841	28.17	4.76	$4,003
Sep 2003	0	789	26.31	4.75	$3,747
Aug 2003	0	777	29.76	5.13	$3,986
Jul 2003	0	757	29.41	5.17	$3,914
Jun 2003	0	647	28.56	5.98	$3,871
May 2003	0	424	26.59	5.97	$2,532
Apr 2003	0	725	26.67	5.41	$3,920
Mar 2003	0	461	31.14	6.10	$2,810
Feb 2003	0	331	33.48	7.93	$2,623
Jan 2003	0	404	30.31	5.58	$2,255
Dec 2002	0	356	26.91	4.85	$1,728
Nov 2002	0	423	24.66	4.14	$1,750
Oct 2002	0	426	26.46	4.23	$1,802
Sep 2002	0	488	27.44	3.64	$1,774
Aug 2002	0	369	25.96	3.16	$1,168
Jul 2002	0	312	24.58	3.06	$955
Jun 2002	0	350	23.73	3.34	$1,168
May 2002	0	394	24.66	3.58	$1,412
Apr 2002	0	705	23.65	3.51	$2,476
Mar 2002	0	379	22.00	3.10	$1,176
Feb 2002	0	366	18.22	2.38	$870
Jan 2002	0	428	17.17	2.38	$1,017
Dec 2001	0	430	16.93	2.36	$1,017
Nov 2001	0	362	18.07	2.41	$871
Oct 2001	0	403	19.78	2.53	$1,019
Sep 2001	0	390	24.26	2.25	$878
Aug 2001	0	446	24.87	3.05	$1,362
Jul 2001	0	331	23.93	3.20	$1,058
Jun 2001	0	414	24.56	3.82	$1,583
May 2001	0	484	25.52	4.31	$2,085
Apr 2001	0	453	24.68	5.34	$2,417
Mar 2001	0	500	24.54	5.38	$2,688
Feb 2001	0	401	27.75	5.77	$2,313
Jan 2001	0	487	27.47	8.40	$4,090
Dec 2000	0	578	26.88	9.12	$5,273
Nov 2000	0	350	32.21	5.66	$1,980
Oct 2000	0	388	31.23	5.15	$1,996
Sep 2000	0	330	31.87	5.19	$1,712
Aug 2000	0	378	29.64	4.54	$1,716
Jul 2000	0	310	28.53	4.09	$1,268
Jun 2000	0	400	29.30	4.40	$1,759
May 2000	0	378	27.26	3.68	$1,391
Apr 2000	0	424	24.51	3.12	$1,321
Mar 2000	0	373	28.42	2.86	$1,067
Feb 2000	0	325	27.62	2.73	$886
Jan 2000	0	389	25.27	2.48	$965
Dec 1999	0	353	24.28	2.42	$856
Nov 1999	0	333	23.19	2.43	$811
Oct 1999	0	403	20.98	2.80	$1,130
Sep 1999	0	551	21.75	2.62	$1,443
Aug 1999	0	546	19.26	2.88	$1,570
Jul 1999	0	631	17.89	2.37	$1,497
Jun 1999	0	619	15.94	2.36	$1,462
May 1999	0	584	15.79	2.32	$1,355
Apr 1999	0	717	15.10	2.21	$1,583
Mar 1999	0	833	12.47	1.84	$1,531
Feb 1999	0	644	9.98	1.82	$1,171
Jan 1999	0	673	10.38	1.90	$1,279
Dec 1998	0	612	9.20	1.77	$1,085
Nov 1998	0	609	10.89	2.19	$1,331
Oct 1998	0	595	12.42	1.97	$1,172
Sep 1998	0	561	12.59	2.08	$1,168
Aug 1998	0	618	11.30	1.91	$1,179
Jul 1998	0	682	11.74	2.24	$1,526
Jun 1998	0	658	11.24	2.24	$1,472
May 1998	0	694	12.62	2.21	$1,531
Apr 1998	0	670	13.04	2.51	$1,679
Mar 1998	0	741	12.80	2.31	$1,711
Feb 1998	0	812	13.95	2.30	$1,867
Jan 1998	0	648	14.70	2.15	$1,396
Dec 1997	0	511	16.32	2.41	$1,232
Nov 1997	0	981	18.19	3.09	$3,030
Oct 1997	0	375	19.25	3.15	$1,181
Sep 1997	0	758	17.74	2.95	$2,240
Aug 1997	0	672	17.86	2.55	$1,717
Jul 1997	0	550	17.58	2.25	$1,236
Jun 1997	0	571	17.24	2.26	$1,289
May 1997	0	634	18.97	2.31	$1,464
Apr 1997	0	694	17.88	2.08	$1,445
Mar 1997	0	618	18.95	1.94	$1,198
Feb 1997	0	569	20.49	2.21	$1,255
Jan 1997	0	529	23.48	3.54	$1,873
Dec 1996	0	437	23.32	—	$0
Nov 1996	0	542	21.97	—	$0
Oct 1996	0	841	23.31	—	$0
Sep 1996	0	584	22.22	—	$0
Aug 1996	0	616	20.26	—	$0
Jul 1996	0	760	19.55	—	$0
Jun 1996	0	777	18.73	—	$0
May 1996	0	805	19.43	—	$0
Apr 1996	0	834	21.51	—	$0
Mar 1996	0	853	19.38	—	$0
Feb 1996	0	886	16.98	—	$0
Jan 1996	0	880	17.07	—	$0
Dec 1995	0	608	17.19	—	$0
Nov 1995	0	408	16.00	—	$0
Oct 1995	0	354	15.43	—	$0
Sep 1995	0	798	16.18	—	$0
Aug 1995	0	789	15.92	—	$0
Jul 1995	0	843	15.24	—	$0
Jun 1995	0	612	16.41	—	$0
May 1995	0	967	17.56	—	$0
Apr 1995	0	921	17.73	—	$0
Mar 1995	0	984	16.44	—	$0
Feb 1995	0	703	16.58	—	$0
Jan 1995	0	801	15.92	—	$0
Dec 1994	0	664	15.03	—	$0
Nov 1994	0	595	15.90	—	$0
Oct 1994	0	834	15.58	—	$0
Sep 1994	0	424	15.29	—	$0
Aug 1994	0	432	16.13	—	$0
Jul 1994	0	507	17.56	—	$0
Jun 1994	0	609	17.09	—	$0
May 1994	0	631	15.88	—	$0
Apr 1994	0	981	14.14	—	$0
Mar 1994	0	1,578	12.46	—	$0
Feb 1994	0	1,660	12.50	—	$0
Jan 1994	0	1,878	12.66	—	$0
Dec 1993	0	2,182	12.33	—	$0
Nov 1993	0	1,348	14.49	—	$0
Oct 1993	0	446	15.85	—	$0
Sep 1993	0	636	15.03	—	$0
Aug 1993	0	1,032	15.66	—	$0
Jul 1993	0	923	15.46	—	$0
Jun 1993	0	909	16.79	—	$0
May 1993	0	1,037	17.68	—	$0
Apr 1993	0	1,057	18.05	—	$0
Mar 1993	0	1,035	18.14	—	$0
Feb 1993	0	877	17.90	—	$0
Jan 1993	0	1,194	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             5 bbl  × $ 45.35 =       $227
Gas                   97 Mcf  × $  2.69 =       $261

────────────────────────────────────────────────────
Month total                                     $487

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/143749 is the state's own key, not one this site invented.