PETTY RANCH

Name: PETTY RANCH lease production and value, Mar 1999 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by ROSETTA RESOURCES OPERATING LP (P-5 728883) 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 172863District 04Field 355665002 tax incentive programmesCondensateGasSave Export

Value, all time

$1.5 M

Mar 1999 – Jun 2013

Value, last 12 filed months

$4 k

at the published price for each month

Months reported

172

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	2001-02-27	143330
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	3 bbl	$315
Gas	Production	303,799 Mcf	$1,458,648
Total			$1,458,963

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 28.1050, -99.8455. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.10497, -99.84549 · 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

5,500 ft

1 wells filed one

Completion to plug

14.3 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 5,500 ft.

Completions filed

Mar 1999

1 of 1 wells

Plug dates filed

Jun 2013

1 of 1 wells

Last completion to plug: a median of 14.3 years across the 1 well that filed both dates, with the middle half between 14.3 years and 14.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47937198	4012	5,500 ft	Mar 1999	Jun 2013	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 (172)

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

172 months


Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	553	92.66	2.91	$1,608
Jul 2012	0	652	85.13	3.02	$1,970
Jun 2012	0	656	79.82	2.52	$1,652
May 2012	0	710	91.61	2.49	$1,767
Apr 2012	0	875	101.65	2.00	$1,747
Mar 2012	3	828	105.05	2.22	$2,155
Feb 2012	0	82	101.10	2.57	$211
Jan 2012	0	117	98.09	2.73	$320
Dec 2011	0	68	96.87	3.24	$220
Nov 2011	0	60	95.72	3.31	$199
Oct 2011	0	78	84.98	3.65	$285
Sep 2011	0	770	83.62	3.99	$3,069
Aug 2011	0	93	83.40	4.15	$386
Jul 2011	0	83	94.14	4.52	$375
Jun 2011	0	825	92.90	4.64	$3,828
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	47	105.96	4.33	$204
Mar 2011	0	105	96.36	4.06	$426
Feb 2011	0	46	85.64	4.18	$192
Jan 2011	0	88	86.50	4.59	$404
Dec 2010	0	91	85.73	4.35	$396
Nov 2010	0	103	80.84	3.80	$391
Oct 2010	0	101	78.10	3.51	$354
Sep 2010	0	105	72.63	3.98	$418
Aug 2010	0	203	73.68	4.42	$897
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	53	70.36	4.91	$260
May 2010	0	59	71.12	4.24	$250
Apr 2010	0	143	81.69	4.12	$590
Mar 2010	0	188	78.39	4.39	$825
Feb 2010	0	210	73.58	5.44	$1,143
Jan 2010	0	197	74.36	5.96	$1,175
Dec 2009	0	219	71.44	5.48	$1,201
Nov 2009	0	243	74.59	3.75	$912
Oct 2009	0	288	72.54	4.11	$1,184
Sep 2009	0	257	65.54	3.06	$788
Aug 2009	0	262	67.42	3.22	$843
Jul 2009	0	293	61.13	3.46	$1,015
Jun 2009	0	378	66.16	3.90	$1,472
May 2009	0	443	54.74	3.93	$1,739
Apr 2009	0	376	46.77	3.59	$1,349
Mar 2009	0	350	42.14	4.06	$1,421
Feb 2009	0	430	32.81	4.63	$1,992
Jan 2009	0	314	35.86	5.37	$1,686
Dec 2008	0	589	37.10	5.98	$3,521
Nov 2008	0	562	55.49	6.86	$3,856
Oct 2008	0	602	75.24	6.92	$4,167
Sep 2008	0	651	101.76	7.88	$5,128
Aug 2008	0	513	114.22	8.48	$4,352
Jul 2008	0	658	131.08	11.39	$7,494
Jun 2008	0	601	131.33	13.03	$7,833
May 2008	0	862	123.17	11.57	$9,977
Apr 2008	0	1,027	110.31	10.45	$10,737
Mar 2008	0	1,087	101.90	9.66	$10,505
Feb 2008	0	1,007	92.53	8.77	$8,832
Jan 2008	0	1,419	90.38	8.21	$11,644
Dec 2007	0	1,246	88.33	7.30	$9,098
Nov 2007	0	1,013	91.67	7.29	$7,386
Oct 2007	0	998	82.85	6.92	$6,908
Sep 2007	0	1,063	75.84	6.24	$6,638
Aug 2007	0	980	69.06	6.39	$6,260
Jul 2007	0	924	70.90	6.39	$5,902
Jun 2007	0	1,096	62.00	7.55	$8,273
May 2007	0	1,167	58.74	7.85	$9,157
Apr 2007	0	1,260	59.61	7.81	$9,835
Mar 2007	0	1,324	56.92	7.30	$9,668
Feb 2007	0	1,404	55.10	8.22	$11,535
Jan 2007	0	1,466	50.30	6.73	$9,862
Dec 2006	0	1,221	56.65	6.92	$8,447
Nov 2006	0	1,145	54.20	7.62	$8,722
Oct 2006	0	1,492	54.90	6.01	$8,973
Sep 2006	0	1,002	60.08	5.04	$5,047
Aug 2006	0	1,433	68.71	7.34	$10,518
Jul 2006	0	1,208	69.37	6.34	$7,662
Jun 2006	0	1,491	66.28	6.38	$9,518
May 2006	0	1,398	66.01	6.42	$8,982
Apr 2006	0	1,434	64.39	7.36	$10,555
Mar 2006	0	1,486	56.70	7.08	$10,525
Feb 2006	0	1,657	57.59	7.75	$12,844
Jan 2006	0	1,850	60.59	8.93	$16,527
Dec 2005	0	1,914	54.94	13.42	$25,677
Nov 2005	0	1,797	54.69	10.59	$19,027
Oct 2005	0	2,101	58.34	13.80	$28,985
Sep 2005	0	1,999	61.45	12.08	$24,146
Aug 2005	0	1,665	61.51	9.80	$16,312
Jul 2005	0	1,845	55.69	7.84	$14,472
Jun 2005	0	1,694	52.33	7.38	$12,503
May 2005	0	1,844	45.22	6.65	$12,265
Apr 2005	0	2,052	49.20	7.36	$15,104
Mar 2005	0	1,847	50.37	7.15	$13,215
Feb 2005	0	1,728	45.22	6.31	$10,907
Jan 2005	0	1,692	43.16	6.32	$10,697
Dec 2004	0	1,569	39.86	6.75	$10,592
Nov 2004	0	1,884	45.28	6.33	$11,927
Oct 2004	0	2,368	49.70	6.52	$15,428
Sep 2004	0	2,097	43.24	5.28	$11,080
Aug 2004	0	2,304	42.37	5.55	$12,789
Jul 2004	0	2,251	38.28	6.08	$13,695
Jun 2004	0	2,001	36.10	6.43	$12,872
May 2004	0	1,803	37.48	6.49	$11,710
Apr 2004	0	2,074	34.47	5.86	$12,150
Mar 2004	0	2,111	34.36	5.53	$11,674
Feb 2004	0	2,202	32.45	5.51	$12,132
Jan 2004	0	1,905	32.03	6.30	$12,001
Dec 2003	0	1,714	30.26	6.30	$10,801
Nov 2003	0	2,240	28.80	4.60	$10,293
Oct 2003	0	2,115	28.17	4.76	$10,067
Sep 2003	0	2,033	26.31	4.75	$9,655
Aug 2003	0	2,103	29.76	5.13	$10,788
Jul 2003	0	1,225	29.41	5.17	$6,334
Jun 2003	0	1,724	28.56	5.98	$10,315
May 2003	0	1,749	26.59	5.97	$10,446
Apr 2003	0	1,360	26.67	5.41	$7,354
Mar 2003	0	1,815	31.14	6.10	$11,064
Feb 2003	0	2,284	33.48	7.93	$18,103
Jan 2003	0	2,312	30.31	5.58	$12,906
Dec 2002	0	2,485	26.91	4.85	$12,062
Nov 2002	0	2,258	24.66	4.14	$9,341
Oct 2002	0	1,281	26.46	4.23	$5,418
Sep 2002	0	930	27.44	3.64	$3,381
Aug 2002	0	1,828	25.96	3.16	$5,784
Jul 2002	0	2,388	24.58	3.06	$7,311
Jun 2002	0	2,096	23.73	3.34	$6,997
May 2002	0	1,623	24.66	3.58	$5,817
Apr 2002	0	2,053	23.65	3.51	$7,211
Mar 2002	0	1,703	22.00	3.10	$5,284
Feb 2002	0	1,199	18.22	2.38	$2,848
Jan 2002	0	2,009	17.17	2.38	$4,773
Dec 2001	0	2,045	16.93	2.36	$4,835
Nov 2001	0	2,344	18.07	2.41	$5,639
Oct 2001	0	2,123	19.78	2.53	$5,369
Sep 2001	0	2,117	24.26	2.25	$4,766
Aug 2001	0	2,630	24.87	3.05	$8,030
Jul 2001	0	1,902	23.93	3.20	$6,081
Jun 2001	0	2,935	24.56	3.82	$11,224
May 2001	0	3,354	25.52	4.31	$14,447
Apr 2001	0	3,513	24.68	5.34	$18,743
Mar 2001	0	3,484	24.54	5.38	$18,732
Feb 2001	0	2,825	27.75	5.77	$16,292
Jan 2001	0	3,532	27.47	8.40	$29,664
Dec 2000	0	3,281	26.88	9.12	$29,931
Nov 2000	0	3,346	32.21	5.66	$18,932
Oct 2000	0	3,646	31.23	5.15	$18,760
Sep 2000	0	3,604	31.87	5.19	$18,692
Aug 2000	0	4,649	29.64	4.54	$21,110
Jul 2000	0	4,797	28.53	4.09	$19,619
Jun 2000	0	4,855	29.30	4.40	$21,349
May 2000	0	5,719	27.26	3.68	$21,044
Apr 2000	0	6,103	24.51	3.12	$19,017
Mar 2000	0	6,385	28.42	2.86	$18,260
Feb 2000	0	6,152	27.62	2.73	$16,773
Jan 2000	0	5,702	25.27	2.48	$14,144
Dec 1999	0	5,621	24.28	2.42	$13,624
Nov 1999	0	5,516	23.19	2.43	$13,426
Oct 1999	0	6,670	20.98	2.80	$18,701
Sep 1999	0	7,005	21.75	2.62	$18,345
Aug 1999	0	8,432	19.26	2.88	$24,247
Jul 1999	0	8,890	17.89	2.37	$21,090
Jun 1999	0	9,203	15.94	2.36	$21,738
May 1999	0	10,701	15.79	2.32	$24,837
Apr 1999	0	7,023	15.10	2.21	$15,507
Mar 1999	0	43	12.47	1.84	$79

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.

Aug 2012 — as filed, then multipliedworked

Condensate             0 bbl  × $ 92.66 =         $0
Gas                  553 Mcf  × $  2.91 =     $1,608

────────────────────────────────────────────────────
Month total                                   $1,608

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/172863 is the state's own key, not one this site invented.