PETTY RANCH

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 171672District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.0 M
Dec 1998 – Oct 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
239
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 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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112001-03-30143605
NGPA1none

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.

StreamBasisVolumeValue
CondensateDisposition54 bbl$3,929
GasProduction234,554 Mcf$1,038,481
Total$1,042,409

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 28.0997, -99.8786. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.09972, -99.87855 · 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
5,254 ft
1 wells filed one
Completion to plug
19.8 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 5,254 ft.

Completions filed
Dec 1998
1 of 1 wells
Plug dates filed
Oct 2018
1 of 1 wells

Last completion to plug: a median of 19.8 years across the 1 well that filed both dates, with the middle half between 19.8 years and 19.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793711980185,254 ftDec 1998Oct 2018Yes

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 (239)

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

239 months

Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20163045.352.69$136
May 2016010142.521.99$201
Apr 2016054336.561.99$1,081
Mar 2016545933.011.79$989
Feb 2016042826.472.06$883
Jan 2016055727.352.36$1,317
Dec 2015063632.362.00$1,273
Nov 2015051638.792.17$1,118
Oct 2015051743.552.43$1,255
Sep 2015040842.992.76$1,125
Aug 2015352840.162.87$1,637
Jul 2015042548.152.95$1,252
Jun 2015042656.152.88$1,228
May 2015035355.212.96$1,043
Apr 2015035749.822.71$966
Mar 2015032742.892.93$960
Feb 2015442144.662.98$1,432
Jan 2015761643.433.10$2,214
Dec 2014064254.693.59$2,306
Nov 2014049470.464.25$2,100
Oct 2014068178.303.90$2,657
Sep 2014064386.164.05$2,601
Aug 2014354889.394.04$2,479
Jul 2014073996.564.18$3,089
Jun 2014073498.164.74$3,477
May 2014086594.734.73$4,088
Apr 2014578595.944.81$4,255
Mar 2014084795.895.06$4,283
Feb 2014471497.406.19$4,811
Jan 2014074990.404.86$3,641
Dec 2013489991.824.35$4,282
Nov 2013071688.853.74$2,677
Oct 2013067197.423.78$2,536
Sep 20130745104.113.72$2,770
Aug 20130833104.253.52$2,934
Jul 20130957102.523.72$3,558
Jun 2013092894.403.93$3,650
May 201301,00094.834.15$4,149
Apr 2013077793.964.28$3,328
Mar 2013093993.623.91$3,674
Feb 2013485791.233.42$3,296
Jan 2013096791.603.42$3,307
Dec 2012095686.773.42$3,270
Nov 2012089786.953.62$3,252
Oct 2012592989.383.40$3,605
Sep 2012079294.672.92$2,311
Aug 2012090692.662.91$2,635
Jul 2012085685.133.02$2,586
Jun 2012088279.822.52$2,222
May 2012087791.612.49$2,182
Apr 20120919101.652.00$1,835
Mar 20124894105.052.22$2,407
Feb 20120562101.102.57$1,444
Jan 2012044998.092.73$1,228
Dec 2011045496.873.24$1,471
Nov 2011265595.723.31$2,360
Oct 2011053184.983.65$1,937
Sep 2011067383.623.99$2,682
Aug 2011052483.404.15$2,174
Jul 2011053694.144.52$2,421
Jun 2011047392.904.64$2,195
May 2011089798.134.40$3,951
Apr 20110593105.964.33$2,570
Mar 2011140996.364.06$1,756
Feb 2011019085.644.18$794
Jan 2011042686.504.59$1,955
Dec 2010037385.734.35$1,622
Nov 2010010480.843.80$395
Oct 2010040478.103.51$1,418
Sep 2010035972.633.98$1,429
Aug 2010022173.684.42$977
Jul 2010025172.554.74$1,189
Jun 2010038370.364.91$1,881
May 2010060571.124.24$2,562
Apr 2010059181.694.12$2,437
Mar 2010056078.394.39$2,458
Feb 2010036873.585.44$2,003
Jan 2010042474.365.96$2,529
Dec 2009046771.445.48$2,561
Nov 2009045574.593.75$1,707
Oct 2009040172.544.11$1,648
Sep 2009020865.543.06$637
Aug 2009019867.423.22$637
Jul 2009018361.133.46$634
Jun 2009027666.163.90$1,075
May 2009031454.743.93$1,233
Apr 2009034046.773.59$1,220
Mar 2009029442.144.06$1,193
Feb 2009027132.814.63$1,256
Jan 2009045435.865.37$2,438
Dec 2008041537.105.98$2,481
Nov 2008020455.496.86$1,400
Oct 2008031375.246.92$2,167
Sep 20080392101.767.88$3,088
Aug 20080512114.228.48$4,343
Jul 20080686131.0811.39$7,813
Jun 20080793131.3313.03$10,335
May 20080781123.1711.57$9,040
Apr 20080515110.3110.45$5,384
Mar 20080604101.909.66$5,837
Feb 2008069992.538.77$6,131
Jan 2008085890.388.21$7,041
Dec 2007067188.337.30$4,900
Nov 2007075491.677.29$5,498
Oct 2007071882.856.92$4,970
Sep 2007063575.846.24$3,965
Aug 2007070569.066.39$4,504
Jul 2007098070.906.39$6,260
Jun 2007076762.007.55$5,790
May 2007098258.747.85$7,705
Apr 2007090359.617.81$7,048
Mar 2007099356.927.30$7,251
Feb 2007070255.108.22$5,768
Jan 2007093950.306.73$6,317
Dec 200601,02156.656.92$7,064
Nov 2006070254.207.62$5,347
Oct 2006098854.906.01$5,942
Sep 200601,08560.085.04$5,465
Aug 2006097068.717.34$7,120
Jul 2006067069.376.34$4,250
Jun 2006089466.286.38$5,707
May 2006088666.016.42$5,693
Apr 2006089064.397.36$6,551
Mar 2006095656.707.08$6,771
Feb 2006083857.597.75$6,495
Jan 2006094460.598.93$8,433
Dec 200501,13154.9413.42$15,173
Nov 200501,16754.6910.59$12,357
Oct 200501,17158.3413.80$16,155
Sep 200501,29061.4512.08$15,582
Aug 200501,38061.519.80$13,520
Jul 200501,11855.697.84$8,769
Jun 2005090552.337.38$6,680
May 200501,07545.226.65$7,150
Apr 2005096149.207.36$7,073
Mar 2005088950.377.15$6,361
Feb 2005074445.226.31$4,696
Jan 2005093843.166.32$5,930
Dec 2004080839.866.75$5,455
Nov 2004076845.286.33$4,862
Oct 2004094849.706.52$6,176
Sep 2004088143.245.28$4,655
Aug 200401,00142.375.55$5,556
Jul 2004081238.286.08$4,940
Jun 2004083136.106.43$5,346
May 2004084137.486.49$5,462
Apr 2004078734.475.86$4,611
Mar 2004091034.365.53$5,032
Feb 2004092732.455.51$5,107
Jan 200401,00632.036.30$6,337
Dec 2003076930.266.30$4,846
Nov 2003086228.804.60$3,961
Oct 2003088128.174.76$4,193
Sep 2003075226.314.75$3,572
Aug 2003087729.765.13$4,499
Jul 200301,06429.415.17$5,502
Jun 2003094028.565.98$5,624
May 2003077226.595.97$4,611
Apr 2003083826.675.41$4,531
Mar 2003094231.146.10$5,742
Feb 2003096733.487.93$7,664
Jan 200301,17430.315.58$6,553
Dec 200201,50426.914.85$7,300
Nov 200201,55224.664.14$6,421
Oct 200201,54226.464.23$6,521
Sep 200201,56827.443.64$5,700
Aug 200201,67325.963.16$5,294
Jul 200201,71124.583.06$5,239
Jun 200202,53823.733.34$8,472
May 200202,82424.663.58$10,121
Apr 200201,20923.653.51$4,246
Mar 2002055122.003.10$1,710
Feb 2002047518.222.38$1,128
Jan 2002090717.172.38$2,155
Dec 2001048916.932.36$1,156
Nov 200101,38018.072.41$3,320
Oct 200101,28919.782.53$3,260
Sep 200101,35424.262.25$3,048
Aug 200101,46024.873.05$4,458
Jul 200101,37323.933.20$4,390
Jun 200101,58424.563.82$6,057
May 200101,57425.524.31$6,780
Apr 200101,61124.685.34$8,595
Mar 200101,70824.545.38$9,183
Feb 200101,58827.755.77$9,158
Jan 200101,82927.478.40$15,361
Dec 200002,03726.889.12$18,583
Nov 200001,85732.215.66$10,507
Oct 200002,33931.235.15$12,035
Sep 200002,25231.875.19$11,680
Aug 200002,36429.644.54$10,734
Jul 200002,24328.534.09$9,173
Jun 200002,36929.304.40$10,417
May 200002,64227.263.68$9,722
Apr 200002,76724.513.12$8,622
Mar 200002,86828.422.86$8,202
Feb 200002,62727.622.73$7,163
Jan 200003,03525.272.48$7,528
Dec 199903,27524.282.42$7,938
Nov 199903,43423.192.43$8,358
Oct 199903,83020.982.80$10,738
Sep 199904,30521.752.62$11,274
Aug 199905,22019.262.88$15,011
Jul 199905,38017.892.37$12,763
Jun 199906,33715.942.36$14,969
May 199905,75115.792.32$13,348
Apr 199905,25615.102.21$11,606
Mar 199906,20312.471.84$11,403
Feb 199904,9519.981.82$9,000
Jan 199901,02210.381.90$1,942
Dec 199802,2739.201.77$4,031

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                    0 Mcf  × $  2.69 =         $0

────────────────────────────────────────────────────
Month total                                     $136

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/171672 is the state's own key, not one this site invented.