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 172602District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$726 k
Feb 1999 – Jun 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
245
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 Gas112001-02-27143328
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
CondensateDisposition41 bbl$3,192
GasProduction161,252 Mcf$722,362
Total$725,554

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 28.0871, -99.8755. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.08708, -99.87551 · 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
5,400 ft
1 wells filed one
Completion to plug
20.3 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 5,400 ft.

Completions filed
Feb 1999
1 of 1 wells
Plug dates filed
Jun 2019
1 of 1 wells

Last completion to plug: a median of 20.3 years across the 1 well that filed both dates, with the middle half between 20.3 years and 20.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793720960145,400 ftFeb 1999Jun 2019Yes

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 (245)

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

245 months

Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
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 201624545.352.69$212
May 2016020042.521.99$398
Apr 2016019536.561.99$388
Mar 2016214933.011.79$333
Feb 2016010826.472.06$223
Jan 2016016827.352.36$397
Dec 2015022932.362.00$458
Nov 2015017238.792.17$373
Oct 2015011443.552.43$277
Sep 2015012842.992.76$353
Aug 2015219940.162.87$652
Jul 2015017648.152.95$518
Jun 2015015556.152.88$447
May 2015012555.212.96$369
Apr 2015033949.822.71$918
Mar 2015034442.892.93$1,010
Feb 2015340744.662.98$1,345
Jan 2015439243.433.10$1,389
Dec 2014039754.693.59$1,426
Nov 2014021170.464.25$897
Oct 2014058178.303.90$2,266
Sep 2014063786.164.05$2,577
Aug 2014355489.394.04$2,504
Jul 2014077096.564.18$3,218
Jun 2014071198.164.74$3,368
May 2014071094.734.73$3,356
Apr 2014458895.944.81$3,212
Mar 2014064395.895.06$3,252
Feb 2014470597.406.19$4,755
Jan 2014075290.404.86$3,655
Dec 2013489691.824.35$4,269
Nov 2013078588.853.74$2,935
Oct 2013060097.423.78$2,268
Sep 20130709104.113.72$2,636
Aug 20130853104.253.52$3,005
Jul 20130901102.523.72$3,350
Jun 2013095594.403.93$3,756
May 2013098294.834.15$4,074
Apr 2013090793.964.28$3,884
Mar 2013093293.623.91$3,647
Feb 2013486191.233.42$3,309
Jan 2013096391.603.42$3,293
Dec 2012095986.773.42$3,280
Nov 2012090086.953.62$3,262
Oct 2012492889.383.40$3,512
Sep 2012082394.672.92$2,402
Aug 2012090592.662.91$2,632
Jul 2012085985.133.02$2,595
Jun 2012087979.822.52$2,214
May 2012086091.612.49$2,140
Apr 20120915101.652.00$1,827
Mar 20124848105.052.22$2,305
Feb 20120142101.102.57$365
Jan 2012018398.092.73$500
Dec 2011023496.873.24$758
Nov 2011128695.723.31$1,043
Oct 2011022284.983.65$810
Sep 2011046183.623.99$1,837
Aug 2011060983.404.15$2,527
Jul 2011055694.144.52$2,512
Jun 2011047492.904.64$2,199
May 2011056998.134.40$2,506
Apr 20110360105.964.33$1,560
Mar 2011022996.364.06$929
Feb 2011013285.644.18$552
Jan 2011011186.504.59$509
Dec 2010010885.734.35$470
Nov 201008280.843.80$311
Oct 201009378.103.51$326
Sep 201009772.633.98$386
Aug 2010019673.684.42$866
Jul 2010023772.554.74$1,123
Jun 2010017870.364.91$874
May 2010028271.124.24$1,194
Apr 2010023981.694.12$985
Mar 2010025778.394.39$1,128
Feb 2010016873.585.44$914
Jan 2010020574.365.96$1,223
Dec 2009022471.445.48$1,228
Nov 2009023674.593.75$885
Oct 2009025272.544.11$1,036
Sep 2009011365.543.06$346
Aug 2009012867.423.22$412
Jul 2009012061.133.46$416
Jun 2009012766.163.90$495
May 2009014254.743.93$557
Apr 2009011246.773.59$402
Mar 2009013142.144.06$532
Feb 2009011732.814.63$542
Jan 2009019735.865.37$1,058
Dec 2008027337.105.98$1,632
Nov 2008020555.496.86$1,406
Oct 2008030975.246.92$2,139
Sep 20080249101.767.88$1,961
Aug 20080266114.228.48$2,256
Jul 20080566131.0811.39$6,446
Jun 20080326131.3313.03$4,249
May 20080531123.1711.57$6,146
Apr 20080516110.3110.45$5,395
Mar 20080593101.909.66$5,731
Feb 2008056992.538.77$4,990
Jan 2008061390.388.21$5,030
Dec 2007065088.337.30$4,746
Nov 2007058491.677.29$4,258
Oct 2007092782.856.92$6,417
Sep 2007048075.846.24$2,997
Aug 2007048169.066.39$3,073
Jul 200701,24470.906.39$7,947
Jun 2007076862.007.55$5,797
May 200701,20858.747.85$9,478
Apr 2007092159.617.81$7,189
Mar 2007082756.927.30$6,039
Feb 2007078755.108.22$6,466
Jan 2007052850.306.73$3,552
Dec 2006034156.656.92$2,359
Nov 2006040054.207.62$3,047
Oct 2006046254.906.01$2,778
Sep 2006052260.085.04$2,629
Aug 2006048668.717.34$3,567
Jul 2006053969.376.34$3,419
Jun 2006039166.286.38$2,496
May 2006041466.016.42$2,660
Apr 2006038864.397.36$2,856
Mar 2006044756.707.08$3,166
Feb 2006038457.597.75$2,976
Jan 2006045460.598.93$4,056
Dec 2005085754.9413.42$11,497
Nov 2005083454.6910.59$8,831
Oct 2005096958.3413.80$13,368
Sep 2005075861.4512.08$9,156
Aug 2005084561.519.80$8,278
Jul 2005084755.697.84$6,644
Jun 2005076352.337.38$5,632
May 2005069445.226.65$4,616
Apr 2005078449.207.36$5,771
Mar 2005080650.377.15$5,767
Feb 2005063945.226.31$4,033
Jan 2005065743.166.32$4,154
Dec 2004033639.866.75$2,268
Nov 2004052745.286.33$3,336
Oct 2004047749.706.52$3,108
Sep 2004061743.245.28$3,260
Aug 200401,12042.375.55$6,217
Jul 200401,25838.286.08$7,654
Jun 200401,21636.106.43$7,823
May 200401,21137.486.49$7,865
Apr 200401,18934.475.86$6,966
Mar 200401,24834.365.53$6,902
Feb 200401,15732.455.51$6,375
Jan 200401,36332.036.30$8,586
Dec 200301,25430.266.30$7,902
Nov 200301,28228.804.60$5,891
Oct 200301,33428.174.76$6,349
Sep 200301,16026.314.75$5,509
Aug 200301,07829.765.13$5,530
Jul 200301,14929.415.17$5,941
Jun 200301,03228.565.98$6,174
May 200301,19726.595.97$7,149
Apr 200301,35526.675.41$7,327
Mar 200301,24031.146.10$7,559
Feb 2003086333.487.93$6,840
Jan 2003085530.315.58$4,773
Dec 2002093726.914.85$4,548
Nov 2002087224.664.14$3,607
Oct 2002082926.464.23$3,506
Sep 2002075527.443.64$2,745
Aug 2002096825.963.16$3,063
Jul 2002056724.583.06$1,736
Jun 200201,07823.733.34$3,599
May 2002091824.663.58$3,290
Apr 200201,22223.653.51$4,292
Mar 200201,08622.003.10$3,370
Feb 200201,10618.222.38$2,628
Jan 200201,59017.172.38$3,777
Dec 200101,11416.932.36$2,634
Nov 200101,30018.072.41$3,127
Oct 200101,71719.782.53$4,342
Sep 200102,40524.262.25$5,414
Aug 200101,65624.873.05$5,056
Jul 2001049923.933.20$1,595
Jun 2001038024.563.82$1,453
May 2001067825.524.31$2,920
Apr 2001050724.685.34$2,705
Mar 2001064224.545.38$3,452
Feb 2001086327.755.77$4,977
Jan 2001097227.478.40$8,164
Dec 200005826.889.12$529
Nov 2000043232.215.66$2,444
Oct 2000040031.235.15$2,058
Sep 2000011931.875.19$617
Aug 200006429.644.54$291
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 2000018527.263.68$681
Apr 2000081324.513.12$2,533
Mar 2000098128.422.86$2,805
Feb 200001,37527.622.73$3,749
Jan 2000094225.272.48$2,337
Dec 1999092924.282.42$2,252
Nov 199901,34423.192.43$3,271
Oct 199901,52220.982.80$4,267
Sep 199901,34021.752.62$3,509
Aug 199902,35719.262.88$6,778
Jul 199904,74317.892.37$11,252
Jun 199906,35315.942.36$15,006
May 199905,93815.792.32$13,782
Apr 199908,12615.102.21$17,943
Mar 199905,21712.471.84$9,591
Feb 1999009.981.82$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             2 bbl  × $ 45.35 =        $91
Gas                   45 Mcf  × $  2.69 =       $121

────────────────────────────────────────────────────
Month total                                     $212

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/172602 is the state's own key, not one this site invented.