PETTY, O. S.

Name: PETTY, O. S. lease production and value, Apr 1998 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 168029District 04Field 35566500CondensateGasSave Export

Value, all time

$1.5 M

Apr 1998 – Jun 2018

Value, last 12 filed months

at the published price for each month

Months reported

243

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.”

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	15,485 bbl	$938,420
Gas	Production	139,611 Mcf	$610,090
Total			$1,548,510

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 28.0797, -99.8770. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.07969, -99.87704 · 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

5,675 ft

1 wells filed one

Completion to plug

20.2 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 5,675 ft.

Completions filed

Apr 1998

1 of 1 wells

Plug dates filed

Jun 2018

1 of 1 wells

Last completion to plug: a median of 20.2 years across the 1 well that filed both dates, with the middle half between 20.2 years and 20.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47932435	2017	5,675 ft	Apr 1998	Jun 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 (243)

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

243 months


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	3	105	45.35	2.69	$418
May 2016	0	487	42.52	1.99	$970
Apr 2016	0	563	36.56	1.99	$1,121
Mar 2016	3	354	33.01	1.79	$734
Feb 2016	0	395	26.47	2.06	$815
Jan 2016	0	421	27.35	2.36	$995
Dec 2015	0	370	32.36	2.00	$741
Nov 2015	0	246	38.79	2.17	$533
Oct 2015	0	181	43.55	2.43	$439
Sep 2015	0	214	42.99	2.76	$590
Aug 2015	5	494	40.16	2.87	$1,620
Jul 2015	0	367	48.15	2.95	$1,081
Jun 2015	0	367	56.15	2.88	$1,058
May 2015	0	409	55.21	2.96	$1,209
Apr 2015	0	806	49.82	2.71	$2,182
Mar 2015	0	715	42.89	2.93	$2,098
Feb 2015	3	805	44.66	2.98	$2,530
Jan 2015	4	397	43.43	3.10	$1,405
Dec 2014	0	438	54.69	3.59	$1,573
Nov 2014	0	394	70.46	4.25	$1,675
Oct 2014	0	647	78.30	3.90	$2,524
Sep 2014	0	654	86.16	4.05	$2,646
Aug 2014	3	553	89.39	4.04	$2,500
Jul 2014	0	787	96.56	4.18	$3,289
Jun 2014	0	728	98.16	4.74	$3,448
May 2014	0	818	94.73	4.73	$3,866
Apr 2014	5	798	95.94	4.81	$4,317
Mar 2014	0	806	95.89	5.06	$4,076
Feb 2014	5	712	97.40	6.19	$4,896
Jan 2014	0	744	90.40	4.86	$3,616
Dec 2013	5	890	91.82	4.35	$4,335
Nov 2013	0	751	88.85	3.74	$2,807
Oct 2013	0	626	97.42	3.78	$2,366
Sep 2013	0	651	104.11	3.72	$2,420
Aug 2013	0	874	104.25	3.52	$3,079
Jul 2013	0	855	102.52	3.72	$3,179
Jun 2013	0	857	94.40	3.93	$3,371
May 2013	0	970	94.83	4.15	$4,025
Apr 2013	0	901	93.96	4.28	$3,859
Mar 2013	0	941	93.62	3.91	$3,682
Feb 2013	4	867	91.23	3.42	$3,330
Jan 2013	0	966	91.60	3.42	$3,304
Dec 2012	0	961	86.77	3.42	$3,287
Nov 2012	0	899	86.95	3.62	$3,259
Oct 2012	5	927	89.38	3.40	$3,598
Sep 2012	0	819	94.67	2.92	$2,390
Aug 2012	0	903	92.66	2.91	$2,626
Jul 2012	0	874	85.13	3.02	$2,640
Jun 2012	0	881	79.82	2.52	$2,219
May 2012	0	863	91.61	2.49	$2,147
Apr 2012	0	927	101.65	2.00	$1,851
Mar 2012	4	896	105.05	2.22	$2,411
Feb 2012	0	413	101.10	2.57	$1,062
Jan 2012	0	353	98.09	2.73	$965
Dec 2011	0	220	96.87	3.24	$713
Nov 2011	1	359	95.72	3.31	$1,284
Oct 2011	0	609	84.98	3.65	$2,222
Sep 2011	0	650	83.62	3.99	$2,591
Aug 2011	0	311	83.40	4.15	$1,290
Jul 2011	0	316	94.14	4.52	$1,427
Jun 2011	0	479	92.90	4.64	$2,223
May 2011	0	915	98.13	4.40	$4,030
Apr 2011	0	404	105.96	4.33	$1,751
Mar 2011	45	369	96.36	4.06	$5,833
Feb 2011	0	334	85.64	4.18	$1,396
Jan 2011	134	384	86.50	4.59	$13,353
Dec 2010	64	342	85.73	4.35	$6,974
Nov 2010	0	430	80.84	3.80	$1,632
Oct 2010	0	397	78.10	3.51	$1,393
Sep 2010	14	327	72.63	3.98	$2,318
Aug 2010	0	458	73.68	4.42	$2,024
Jul 2010	182	422	72.55	4.74	$15,203
Jun 2010	111	740	70.36	4.91	$11,444
May 2010	151	1,163	71.12	4.24	$15,665
Apr 2010	348	1,103	81.69	4.12	$32,975
Mar 2010	353	1,198	78.39	4.39	$32,929
Feb 2010	355	665	73.58	5.44	$29,740
Jan 2010	179	650	74.36	5.96	$17,187
Dec 2009	354	659	71.44	5.48	$28,904
Nov 2009	355	555	74.59	3.75	$28,562
Oct 2009	0	264	72.54	4.11	$1,085
Sep 2009	178	345	65.54	3.06	$12,723
Aug 2009	179	358	67.42	3.22	$13,220
Jul 2009	343	482	61.13	3.46	$22,637
Jun 2009	174	504	66.16	3.90	$13,475
May 2009	177	594	54.74	3.93	$12,021
Apr 2009	178	465	46.77	3.59	$9,993
Mar 2009	349	448	42.14	4.06	$16,525
Feb 2009	346	386	32.81	4.63	$13,141
Jan 2009	356	352	35.86	5.37	$14,657
Dec 2008	344	365	37.10	5.98	$14,944
Nov 2008	170	309	55.49	6.86	$11,553
Oct 2008	180	331	75.24	6.92	$15,834
Sep 2008	332	346	101.76	7.88	$36,510
Aug 2008	0	370	114.22	8.48	$3,139
Jul 2008	174	415	131.08	11.39	$27,535
Jun 2008	0	415	131.33	13.03	$5,409
May 2008	178	431	123.17	11.57	$26,913
Apr 2008	0	405	110.31	10.45	$4,234
Mar 2008	178	431	101.90	9.66	$22,303
Feb 2008	171	443	92.53	8.77	$19,708
Jan 2008	172	420	90.38	8.21	$18,992
Dec 2007	173	473	88.33	7.30	$18,735
Nov 2007	0	478	91.67	7.29	$3,485
Oct 2007	175	490	82.85	6.92	$17,891
Sep 2007	124	447	75.84	6.24	$12,195
Aug 2007	116	516	69.06	6.39	$11,307
Jul 2007	90	660	70.90	6.39	$10,597
Jun 2007	194	567	62.00	7.55	$16,308
May 2007	251	654	58.74	7.85	$19,875
Apr 2007	167	451	59.61	7.81	$13,475
Mar 2007	420	497	56.92	7.30	$27,535
Feb 2007	423	395	55.10	8.22	$26,553
Jan 2007	619	605	50.30	6.73	$35,205
Dec 2006	479	541	56.65	6.92	$30,878
Nov 2006	466	583	54.20	7.62	$29,698
Oct 2006	317	567	54.90	6.01	$20,813
Sep 2006	494	459	60.08	5.04	$31,992
Aug 2006	474	486	68.71	7.34	$36,136
Jul 2006	289	497	69.37	6.34	$23,200
Jun 2006	392	298	66.28	6.38	$27,884
May 2006	361	394	66.01	6.42	$26,361
Apr 2006	272	368	64.39	7.36	$20,223
Mar 2006	63	448	56.70	7.08	$6,745
Feb 2006	50	488	57.59	7.75	$6,662
Jan 2006	43	490	60.59	8.93	$6,983
Dec 2005	44	455	54.94	13.42	$8,521
Nov 2005	34	500	54.69	10.59	$7,154
Oct 2005	26	487	58.34	13.80	$8,235
Sep 2005	0	462	61.45	12.08	$5,581
Aug 2005	0	571	61.51	9.80	$5,594
Jul 2005	0	450	55.69	7.84	$3,530
Jun 2005	0	469	52.33	7.38	$3,462
May 2005	0	512	45.22	6.65	$3,405
Apr 2005	0	536	49.20	7.36	$3,945
Mar 2005	0	429	50.37	7.15	$3,069
Feb 2005	0	382	45.22	6.31	$2,411
Jan 2005	0	352	43.16	6.32	$2,225
Dec 2004	0	313	39.86	6.75	$2,113
Nov 2004	2	377	45.28	6.33	$2,477
Oct 2004	5	152	49.70	6.52	$1,239
Sep 2004	3	126	43.24	5.28	$795
Aug 2004	0	112	42.37	5.55	$622
Jul 2004	16	81	38.28	6.08	$1,105
Jun 2004	6	100	36.10	6.43	$860
May 2004	9	117	37.48	6.49	$1,097
Apr 2004	14	155	34.47	5.86	$1,391
Mar 2004	38	329	34.36	5.53	$3,125
Feb 2004	62	559	32.45	5.51	$5,092
Jan 2004	123	590	32.03	6.30	$7,656
Dec 2003	112	539	30.26	6.30	$6,786
Nov 2003	0	598	28.80	4.60	$2,748
Oct 2003	0	477	28.17	4.76	$2,270
Sep 2003	37	429	26.31	4.75	$3,011
Aug 2003	48	838	29.76	5.13	$5,727
Jul 2003	72	707	29.41	5.17	$5,773
Jun 2003	79	756	28.56	5.98	$6,779
May 2003	23	628	26.59	5.97	$4,362
Apr 2003	32	849	26.67	5.41	$5,444
Mar 2003	61	925	31.14	6.10	$7,538
Feb 2003	17	599	33.48	7.93	$5,317
Jan 2003	25	649	30.31	5.58	$4,380
Dec 2002	29	569	26.91	4.85	$3,542
Nov 2002	43	1,012	24.66	4.14	$5,247
Oct 2002	5	288	26.46	4.23	$1,350
Sep 2002	5	321	27.44	3.64	$1,304
Aug 2002	7	316	25.96	3.16	$1,182
Jul 2002	19	686	24.58	3.06	$2,567
Jun 2002	14	702	23.73	3.34	$2,676
May 2002	17	817	24.66	3.58	$3,347
Apr 2002	13	903	23.65	3.51	$3,479
Mar 2002	15	732	22.00	3.10	$2,601
Feb 2002	8	290	18.22	2.38	$835
Jan 2002	10	267	17.17	2.38	$806
Dec 2001	25	608	16.93	2.36	$1,861
Nov 2001	21	591	18.07	2.41	$1,801
Oct 2001	12	718	19.78	2.53	$2,053
Sep 2001	5	264	24.26	2.25	$716
Aug 2001	12	527	24.87	3.05	$1,907
Jul 2001	8	492	23.93	3.20	$1,764
Jun 2001	17	611	24.56	3.82	$2,754
May 2001	29	900	25.52	4.31	$4,617
Apr 2001	45	821	24.68	5.34	$5,491
Mar 2001	56	1,017	24.54	5.38	$6,842
Feb 2001	14	358	27.75	5.77	$2,453
Jan 2001	29	664	27.47	8.40	$6,373
Dec 2000	39	785	26.88	9.12	$8,209
Nov 2000	19	730	32.21	5.66	$4,742
Oct 2000	44	1,146	31.23	5.15	$7,271
Sep 2000	14	1,126	31.87	5.19	$6,286
Aug 2000	15	1,099	29.64	4.54	$5,435
Jul 2000	12	777	28.53	4.09	$3,520
Jun 2000	27	1,041	29.30	4.40	$5,369
May 2000	39	1,092	27.26	3.68	$5,081
Apr 2000	25	1,066	24.51	3.12	$3,934
Mar 2000	38	636	28.42	2.86	$2,899
Feb 2000	25	587	27.62	2.73	$2,291
Jan 2000	30	772	25.27	2.48	$2,673
Dec 1999	54	994	24.28	2.42	$3,720
Nov 1999	60	943	23.19	2.43	$3,687
Oct 1999	52	1,102	20.98	2.80	$4,181
Sep 1999	41	1,057	21.75	2.62	$3,660
Aug 1999	45	1,135	19.26	2.88	$4,131
Jul 1999	66	1,182	17.89	2.37	$3,985
Jun 1999	43	1,184	15.94	2.36	$3,482
May 1999	21	1,179	15.79	2.32	$3,068
Apr 1999	18	1,123	15.10	2.21	$2,751
Mar 1999	30	1,140	12.47	1.84	$2,470
Feb 1999	0	994	9.98	1.82	$1,807
Jan 1999	25	1,117	10.38	1.90	$2,382
Dec 1998	0	1,231	9.20	1.77	$2,183
Nov 1998	19	910	10.89	2.19	$2,196
Oct 1998	0	1,473	12.42	1.97	$2,901
Sep 1998	0	1,604	12.59	2.08	$3,341
Aug 1998	5	1,618	11.30	1.91	$3,143
Jul 1998	0	1,728	11.74	2.24	$3,866
Jun 1998	7	1,759	11.24	2.24	$4,014
May 1998	0	1,814	12.62	2.21	$4,002
Apr 1998	0	1,553	13.04	2.51	$3,891

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             3 bbl  × $ 45.35 =       $136
Gas                  105 Mcf  × $  2.69 =       $282

────────────────────────────────────────────────────
Month total                                     $418

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/168029 is the state's own key, not one this site invented.