PETTY RANCH

Name: PETTY RANCH lease production and value, May 1999 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 173318District 04Field 355665002 tax incentive programmesCondensateGasSave Export

Value, all time

$2.7 M

May 1999 – Jul 2019

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.”

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	143323
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	5,602 bbl	$150,645
Gas	Production	608,168 Mcf	$2,513,302
Total			$2,663,947

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 28.0506, -99.8930. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.05059, -99.89298 · 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

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 5,500 ft.

Completions filed

May 1999

1 of 1 wells

Plug dates filed

Jul 2019

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


42-47937239	6022	5,500 ft	May 1999	Jul 2019	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


Jul 2019	0	0	56.27	2.46	$0
Jun 2019	0	0	52.78	2.49	$0
May 2019	0	0	58.48	2.74	$0
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
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	4	180	45.35	2.69	$665
May 2016	0	207	42.52	1.99	$412
Apr 2016	0	344	36.56	1.99	$685
Mar 2016	0	483	33.01	1.79	$867
Feb 2016	0	467	26.47	2.06	$964
Jan 2016	0	527	27.35	2.36	$1,246
Dec 2015	4	672	32.36	2.00	$1,474
Nov 2015	0	582	38.79	2.17	$1,261
Oct 2015	0	678	43.55	2.43	$1,645
Sep 2015	0	590	42.99	2.76	$1,627
Aug 2015	0	557	40.16	2.87	$1,600
Jul 2015	3	839	48.15	2.95	$2,615
Jun 2015	0	275	56.15	2.88	$793
May 2015	0	409	55.21	2.96	$1,209
Apr 2015	0	417	49.82	2.71	$1,129
Mar 2015	3	503	42.89	2.93	$1,605
Feb 2015	0	520	44.66	2.98	$1,548
Jan 2015	3	415	43.43	3.10	$1,417
Dec 2014	0	515	54.69	3.59	$1,850
Nov 2014	0	445	70.46	4.25	$1,892
Oct 2014	4	759	78.30	3.90	$3,274
Sep 2014	0	802	86.16	4.05	$3,244
Aug 2014	0	780	89.39	4.04	$3,147
Jul 2014	3	748	96.56	4.18	$3,416
Jun 2014	0	577	98.16	4.74	$2,733
May 2014	0	670	94.73	4.73	$3,167
Apr 2014	3	680	95.94	4.81	$3,558
Mar 2014	0	760	95.89	5.06	$3,843
Feb 2014	4	792	97.40	6.19	$5,294
Jan 2014	0	1,084	90.40	4.86	$5,269
Dec 2013	4	996	91.82	4.35	$4,704
Nov 2013	0	961	88.85	3.74	$3,592
Oct 2013	4	847	97.42	3.78	$3,591
Sep 2013	3	562	104.11	3.72	$2,402
Aug 2013	0	588	104.25	3.52	$2,071
Jul 2013	0	603	102.52	3.72	$2,242
Jun 2013	0	827	94.40	3.93	$3,253
May 2013	4	1,098	94.83	4.15	$4,935
Apr 2013	0	1,036	93.96	4.28	$4,437
Mar 2013	4	1,023	93.62	3.91	$4,377
Feb 2013	0	936	91.23	3.42	$3,201
Jan 2013	4	1,095	91.60	3.42	$4,111
Dec 2012	0	1,125	86.77	3.42	$3,848
Nov 2012	4	1,048	86.95	3.62	$4,147
Oct 2012	0	1,141	89.38	3.40	$3,879
Sep 2012	0	997	94.67	2.92	$2,910
Aug 2012	4	994	92.66	2.91	$3,261
Jul 2012	2	1,030	85.13	3.02	$3,282
Jun 2012	0	1,008	79.82	2.52	$2,539
May 2012	4	1,026	91.61	2.49	$2,919
Apr 2012	0	1,054	101.65	2.00	$2,105
Mar 2012	3	1,139	105.05	2.22	$2,846
Feb 2012	0	558	101.10	2.57	$1,434
Jan 2012	2	460	98.09	2.73	$1,454
Dec 2011	1	608	96.87	3.24	$2,067
Nov 2011	1	306	95.72	3.31	$1,109
Oct 2011	0	299	84.98	3.65	$1,091
Sep 2011	0	749	83.62	3.99	$2,985
Aug 2011	2	447	83.40	4.15	$2,022
Jul 2011	0	340	94.14	4.52	$1,536
Jun 2011	1	1,167	92.90	4.64	$5,508
May 2011	1	727	98.13	4.40	$3,300
Apr 2011	0	769	105.96	4.33	$3,332
Mar 2011	0	739	96.36	4.06	$2,998
Feb 2011	0	492	85.64	4.18	$2,057
Jan 2011	0	89	86.50	4.59	$408
Dec 2010	0	940	85.73	4.35	$4,087
Nov 2010	0	414	80.84	3.80	$1,571
Oct 2010	0	669	78.10	3.51	$2,347
Sep 2010	0	323	72.63	3.98	$1,285
Aug 2010	0	392	73.68	4.42	$1,732
Jul 2010	0	371	72.55	4.74	$1,757
Jun 2010	0	406	70.36	4.91	$1,994
May 2010	0	364	71.12	4.24	$1,542
Apr 2010	0	346	81.69	4.12	$1,426
Mar 2010	0	351	78.39	4.39	$1,540
Feb 2010	0	330	73.58	5.44	$1,796
Jan 2010	0	1,283	74.36	5.96	$7,652
Dec 2009	0	888	71.44	5.48	$4,870
Nov 2009	0	249	74.59	3.75	$934
Oct 2009	0	249	72.54	4.11	$1,023
Sep 2009	0	349	65.54	3.06	$1,070
Aug 2009	0	245	67.42	3.22	$789
Jul 2009	0	443	61.13	3.46	$1,535
Jun 2009	0	385	66.16	3.90	$1,500
May 2009	0	420	54.74	3.93	$1,649
Apr 2009	0	395	46.77	3.59	$1,417
Mar 2009	0	426	42.14	4.06	$1,729
Feb 2009	0	412	32.81	4.63	$1,909
Jan 2009	0	450	35.86	5.37	$2,417
Dec 2008	0	314	37.10	5.98	$1,877
Nov 2008	0	262	55.49	6.86	$1,797
Oct 2008	0	410	75.24	6.92	$2,838
Sep 2008	0	1,487	101.76	7.88	$11,713
Aug 2008	0	1,410	114.22	8.48	$11,961
Jul 2008	0	1,211	131.08	11.39	$13,793
Jun 2008	0	662	131.33	13.03	$8,628
May 2008	0	781	123.17	11.57	$9,040
Apr 2008	0	856	110.31	10.45	$8,949
Mar 2008	0	859	101.90	9.66	$8,301
Feb 2008	0	921	92.53	8.77	$8,078
Jan 2008	0	1,390	90.38	8.21	$11,406
Dec 2007	0	1,337	88.33	7.30	$9,763
Nov 2007	0	1,219	91.67	7.29	$8,889
Oct 2007	0	1,155	82.85	6.92	$7,995
Sep 2007	0	1,167	75.84	6.24	$7,287
Aug 2007	0	1,083	69.06	6.39	$6,918
Jul 2007	0	1,170	70.90	6.39	$7,474
Jun 2007	0	1,224	62.00	7.55	$9,239
May 2007	0	1,085	58.74	7.85	$8,513
Apr 2007	0	1,297	59.61	7.81	$10,123
Mar 2007	0	1,177	56.92	7.30	$8,594
Feb 2007	0	1,199	55.10	8.22	$9,851
Jan 2007	0	1,115	50.30	6.73	$7,500
Dec 2006	0	1,041	56.65	6.92	$7,202
Nov 2006	0	1,023	54.20	7.62	$7,793
Oct 2006	0	1,471	54.90	6.01	$8,846
Sep 2006	0	1,107	60.08	5.04	$5,576
Aug 2006	0	1,247	68.71	7.34	$9,153
Jul 2006	0	1,402	69.37	6.34	$8,893
Jun 2006	0	1,435	66.28	6.38	$9,161
May 2006	0	1,418	66.01	6.42	$9,111
Apr 2006	0	1,336	64.39	7.36	$9,834
Mar 2006	0	1,505	56.70	7.08	$10,660
Feb 2006	0	1,152	57.59	7.75	$8,929
Jan 2006	0	1,289	60.59	8.93	$11,515
Dec 2005	0	1,295	54.94	13.42	$17,373
Nov 2005	0	1,204	54.69	10.59	$12,748
Oct 2005	0	1,515	58.34	13.80	$20,901
Sep 2005	0	1,242	61.45	12.08	$15,002
Aug 2005	0	1,339	61.51	9.80	$13,118
Jul 2005	0	1,258	55.69	7.84	$9,867
Jun 2005	0	1,366	52.33	7.38	$10,083
May 2005	0	1,434	45.22	6.65	$9,538
Apr 2005	0	1,330	49.20	7.36	$9,789
Mar 2005	0	1,267	50.37	7.15	$9,065
Feb 2005	0	1,070	45.22	6.31	$6,754
Jan 2005	0	1,262	43.16	6.32	$7,979
Dec 2004	0	1,248	39.86	6.75	$8,425
Nov 2004	0	1,142	45.28	6.33	$7,229
Oct 2004	0	1,281	49.70	6.52	$8,346
Sep 2004	0	1,398	43.24	5.28	$7,387
Aug 2004	0	941	42.37	5.55	$5,223
Jul 2004	0	1,226	38.28	6.08	$7,459
Jun 2004	0	1,212	36.10	6.43	$7,797
May 2004	0	1,246	37.48	6.49	$8,092
Apr 2004	0	1,133	34.47	5.86	$6,638
Mar 2004	0	1,450	34.36	5.53	$8,019
Feb 2004	0	1,282	32.45	5.51	$7,063
Jan 2004	0	1,702	32.03	6.30	$10,722
Dec 2003	0	2,527	30.26	6.30	$15,924
Nov 2003	0	4,950	28.80	4.60	$22,746
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	2	0	31.14	6.10	$62
Feb 2003	4	43	33.48	7.93	$475
Jan 2003	10	424	30.31	5.58	$2,670
Dec 2002	56	2,347	26.91	4.85	$12,899
Nov 2002	75	3,388	24.66	4.14	$15,866
Oct 2002	24	2,862	26.46	4.23	$12,739
Sep 2002	27	3,313	27.44	3.64	$12,784
Aug 2002	26	3,333	25.96	3.16	$11,221
Jul 2002	55	3,848	24.58	3.06	$13,134
Jun 2002	36	3,577	23.73	3.34	$12,795
May 2002	51	4,568	24.66	3.58	$17,629
Apr 2002	41	5,496	23.65	3.51	$20,273
Mar 2002	53	3,542	22.00	3.10	$12,156
Feb 2002	74	5,860	18.22	2.38	$15,270
Jan 2002	111	6,528	17.17	2.38	$17,414
Dec 2001	157	7,957	16.93	2.36	$21,472
Nov 2001	140	9,577	18.07	2.41	$25,567
Oct 2001	47	5,380	19.78	2.53	$14,535
Sep 2001	63	6,918	24.26	2.25	$17,103
Aug 2001	113	9,732	24.87	3.05	$32,524
Jul 2001	95	13,143	23.93	3.20	$44,293
Jun 2001	24	1,405	24.56	3.82	$5,962
May 2001	66	2,857	25.52	4.31	$13,990
Apr 2001	160	4,785	24.68	5.34	$29,478
Mar 2001	261	8,742	24.54	5.38	$53,406
Feb 2001	172	9,299	27.75	5.77	$58,401
Jan 2001	244	11,653	27.47	8.40	$104,573
Dec 2000	318	12,748	26.88	9.12	$124,841
Nov 2000	153	13,114	32.21	5.66	$79,127
Oct 2000	305	15,884	31.23	5.15	$91,256
Sep 2000	106	15,832	31.87	5.19	$85,491
Aug 2000	104	15,804	29.64	4.54	$74,845
Jul 2000	111	16,452	28.53	4.09	$70,451
Jun 2000	205	15,537	29.30	4.40	$74,327
May 2000	299	16,249	27.26	3.68	$67,943
Apr 2000	212	16,648	24.51	3.12	$57,071
Mar 2000	544	18,547	28.42	2.86	$68,500
Feb 2000	310	17,574	27.62	2.73	$56,478
Jan 2000	306	16,533	25.27	2.48	$48,743
Dec 1999	363	17,409	24.28	2.42	$51,008
Nov 1999	0	16,297	23.19	2.43	$39,667
Oct 1999	0	18,620	20.98	2.80	$52,205
Sep 1999	0	18,885	21.75	2.62	$49,457
Aug 1999	0	19,436	19.26	2.88	$55,890
Jul 1999	0	20,894	17.89	2.37	$49,568
Jun 1999	0	20,721	15.94	2.36	$48,945
May 1999	0	8,609	15.79	2.32	$19,982

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             4 bbl  × $ 45.35 =       $181
Gas                  180 Mcf  × $  2.69 =       $483

────────────────────────────────────────────────────
Month total                                     $665

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/173318 is the state's own key, not one this site invented.