PETTY, O. S. (B-1)

Operated by KERNS O & G, INC. (P-5 457700) in the DOS HERMANOS, E. (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 162191District 04Field 25567500CondensateGasSaveExport
Value, all time
$139 k
Dec 1996 – Jul 2004
Value, last 12 filed months
$21 k
at the published price for each month
Months reported
92
no gaps in the span
Streams
2
condensate, gas

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 38 leases and 38 wells, and the rule below applies to all of them.

Discovered
1978-10-01
as the register files it
Field class
Gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: NORTH (OLMOS) FIELD (35566500).

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.

StreamBasisVolumeValue
CondensateDisposition245 bbl$5,857
GasProduction35,977 Mcf$132,743
Total$138,599

224 Mcf of this lease's gas, across 1 month, 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 28.0816, -99.8857. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.08155, -99.88566 · centre of the wells drawn, derived

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
5,575 ft
1 wells filed one
Completion to plug
7.6 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 5,575 ft.

Completions filed
Dec 1996
1 of 1 wells
Plug dates filed
Jul 2004
1 of 1 wells

Last completion to plug: a median of 7.6 years across the 1 well that filed both dates, with the middle half between 7.6 years and 7.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793305240175,575 ftDec 1996Jul 2004Yes

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 (92)

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

92 months

Jul 2004021738.286.08$1,320
Jun 2004024636.106.43$1,583
May 2004026537.486.49$1,721
Apr 2004023234.475.86$1,359
Mar 2004031334.365.53$1,731
Feb 2004132532.455.51$1,823
Jan 2004233432.036.30$2,168
Dec 2003528730.266.30$1,960
Nov 2003029828.804.60$1,369
Oct 2003037828.174.76$1,799
Sep 2003434926.314.75$1,763
Aug 2003751129.765.13$2,830
Jul 20031055929.415.17$3,185
Jun 2003949028.565.98$3,189
May 2003235526.595.97$2,173
Apr 2003345926.675.41$2,562
Mar 2003532831.146.10$2,155
Feb 2003226233.487.93$2,144
Jan 2003232530.315.58$1,875
Dec 2002330526.914.85$1,561
Nov 2002332524.664.14$1,418
Oct 2002117626.464.23$771
Sep 2002125327.443.64$947
Aug 2002126825.963.16$874
Jul 2002117624.583.06$563
Jun 2002127323.733.34$935
May 2002243624.663.58$1,612
Apr 2002261823.653.51$2,218
Mar 2002224522.003.10$804
Feb 2002233318.222.38$828
Jan 2002340917.172.38$1,023
Dec 2001444716.932.36$1,125
Nov 2001442218.072.41$1,087
Oct 2001135719.782.53$923
Sep 2001241624.262.25$985
Aug 2001247124.873.05$1,488
Jul 2001247523.933.20$1,566
Jun 2001350624.563.82$2,009
May 2001349425.524.31$2,204
Apr 2001649524.685.34$2,789
Mar 2001755524.545.38$3,156
Feb 2001442327.755.77$2,550
Jan 2001757527.478.40$5,022
Dec 2000865626.889.12$6,199
Nov 2000345932.215.66$2,694
Oct 2000439131.235.15$2,137
Sep 2000237731.875.19$2,019
Aug 2000238229.644.54$1,794
Jul 2000137628.534.09$1,566
Jun 2000340429.304.40$1,864
May 2000439027.263.68$1,544
Apr 2000341724.513.12$1,373
Mar 2000740728.422.86$1,363
Feb 2000436127.622.73$1,095
Jan 2000445225.272.48$1,222
Dec 1999641424.282.42$1,149
Nov 1999643123.192.43$1,188
Oct 1999444420.982.80$1,329
Sep 1999344621.752.62$1,233
Aug 1999240119.262.88$1,192
Jul 1999225817.892.37$648
Jun 19991015.942.36$16
May 1999111215.792.32$276
Apr 1999136715.102.21$825
Mar 1999244412.471.84$841
Feb 199903409.981.82$618
Jan 1999341310.381.90$816
Dec 199804259.201.77$754
Nov 1998223910.892.19$544
Oct 1998036912.421.97$727
Sep 1998030012.592.08$625
Aug 1998233111.301.91$654
Jul 1998036611.742.24$819
Jun 1998338911.242.24$904
May 1998038512.622.21$849
Apr 1998234213.042.51$883
Mar 1998133112.802.31$777
Feb 1998032313.952.30$743
Jan 1998345014.702.15$1,014
Dec 1997249416.322.41$1,224
Nov 1997356618.193.09$1,803
Oct 1997658119.253.15$1,946
Sep 1997063917.742.95$1,888
Aug 1997563117.862.55$1,701
Jul 1997448617.582.25$1,162
Jun 1997045317.242.26$1,023
May 1997451918.972.31$1,274
Apr 1997451917.882.08$1,152
Mar 1997353318.951.94$1,090
Feb 1997447220.492.21$1,123
Jan 1997248223.483.54$1,753
Dec 1996022423.32$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.

Jul 2004 — as filed, then multipliedworked
Condensate             0 bbl  × $ 38.28 =         $0
Gas                  217 Mcf  × $  6.08 =     $1,320

────────────────────────────────────────────────────
Month total                                   $1,320

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/162191 is the state's own key, not one this site invented.