PETTY RANCH

Name: PETTY RANCH lease production and value, Jun 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 173636District 04Field 355665002 tax incentive programmesCondensateGasSave Export

Value, all time

$1.0 M

Jun 1999 – Jun 2013

Value, last 12 filed months

$3 k

at the published price for each month

Months reported

169

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	143327
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	8 bbl	$804
Gas	Production	205,886 Mcf	$1,033,634
Total			$1,034,439

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 28.0885, -99.8793. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.08851, -99.87932 · 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

5,300 ft

1 wells filed one

Completion to plug

14.0 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 5,300 ft.

Completions filed

Jun 1999

1 of 1 wells

Plug dates filed

Jun 2013

1 of 1 wells

Last completion to plug: a median of 14.0 years across the 1 well that filed both dates, with the middle half between 14.0 years and 14.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47937247	1017	5,300 ft	Jun 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 (169)

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

169 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	0	92.66	2.91	$0
Jul 2012	0	866	85.13	3.02	$2,616
Jun 2012	0	877	79.82	2.52	$2,209
May 2012	0	870	91.61	2.49	$2,165
Apr 2012	0	915	101.65	2.00	$1,827
Mar 2012	4	867	105.05	2.22	$2,347
Feb 2012	0	901	101.10	2.57	$2,316
Jan 2012	0	873	98.09	2.73	$2,387
Dec 2011	0	871	96.87	3.24	$2,822
Nov 2011	2	1,108	95.72	3.31	$3,860
Oct 2011	0	868	84.98	3.65	$3,167
Sep 2011	0	637	83.62	3.99	$2,539
Aug 2011	0	634	83.40	4.15	$2,631
Jul 2011	0	696	94.14	4.52	$3,144
Jun 2011	0	476	92.90	4.64	$2,209
May 2011	0	1,246	98.13	4.40	$5,488
Apr 2011	0	992	105.96	4.33	$4,299
Mar 2011	2	875	96.36	4.06	$3,743
Feb 2011	0	533	85.64	4.18	$2,228
Jan 2011	0	816	86.50	4.59	$3,744
Dec 2010	0	526	85.73	4.35	$2,287
Nov 2010	0	531	80.84	3.80	$2,015
Oct 2010	0	649	78.10	3.51	$2,277
Sep 2010	0	576	72.63	3.98	$2,292
Aug 2010	0	1,226	73.68	4.42	$5,418
Jul 2010	0	201	72.55	4.74	$952
Jun 2010	0	204	70.36	4.91	$1,002
May 2010	0	323	71.12	4.24	$1,368
Apr 2010	0	315	81.69	4.12	$1,299
Mar 2010	0	310	78.39	4.39	$1,360
Feb 2010	0	188	73.58	5.44	$1,023
Jan 2010	0	639	74.36	5.96	$3,811
Dec 2009	0	633	71.44	5.48	$3,471
Nov 2009	0	652	74.59	3.75	$2,446
Oct 2009	0	716	72.54	4.11	$2,943
Sep 2009	0	1,101	65.54	3.06	$3,374
Aug 2009	0	982	67.42	3.22	$3,161
Jul 2009	0	838	61.13	3.46	$2,903
Jun 2009	0	750	66.16	3.90	$2,921
May 2009	0	972	54.74	3.93	$3,816
Apr 2009	0	985	46.77	3.59	$3,534
Mar 2009	0	1,086	42.14	4.06	$4,408
Feb 2009	0	1,013	32.81	4.63	$4,693
Jan 2009	0	83	35.86	5.37	$446
Dec 2008	0	979	37.10	5.98	$5,852
Nov 2008	0	781	55.49	6.86	$5,358
Oct 2008	0	771	75.24	6.92	$5,337
Sep 2008	0	2,564	101.76	7.88	$20,197
Aug 2008	0	788	114.22	8.48	$6,685
Jul 2008	0	653	131.08	11.39	$7,437
Jun 2008	0	701	131.33	13.03	$9,136
May 2008	0	867	123.17	11.57	$10,035
Apr 2008	0	865	110.31	10.45	$9,043
Mar 2008	0	832	101.90	9.66	$8,041
Feb 2008	0	760	92.53	8.77	$6,666
Jan 2008	0	926	90.38	8.21	$7,599
Dec 2007	0	924	88.33	7.30	$6,747
Nov 2007	0	1,116	91.67	7.29	$8,138
Oct 2007	0	946	82.85	6.92	$6,548
Sep 2007	0	943	75.84	6.24	$5,888
Aug 2007	0	1,066	69.06	6.39	$6,810
Jul 2007	0	1,357	70.90	6.39	$8,668
Jun 2007	0	1,188	62.00	7.55	$8,968
May 2007	0	1,248	58.74	7.85	$9,792
Apr 2007	0	1,203	59.61	7.81	$9,390
Mar 2007	0	1,360	56.92	7.30	$9,931
Feb 2007	0	1,215	55.10	8.22	$9,982
Jan 2007	0	1,368	50.30	6.73	$9,202
Dec 2006	0	1,701	56.65	6.92	$11,768
Nov 2006	0	1,706	54.20	7.62	$12,995
Oct 2006	0	1,807	54.90	6.01	$10,867
Sep 2006	0	1,545	60.08	5.04	$7,782
Aug 2006	0	1,593	68.71	7.34	$11,692
Jul 2006	0	927	69.37	6.34	$5,880
Jun 2006	0	801	66.28	6.38	$5,113
May 2006	0	768	66.01	6.42	$4,934
Apr 2006	0	814	64.39	7.36	$5,991
Mar 2006	0	712	56.70	7.08	$5,043
Feb 2006	0	872	57.59	7.75	$6,759
Jan 2006	0	943	60.59	8.93	$8,424
Dec 2005	0	1,094	54.94	13.42	$14,676
Nov 2005	0	1,130	54.69	10.59	$11,965
Oct 2005	0	1,101	58.34	13.80	$15,189
Sep 2005	0	1,008	61.45	12.08	$12,176
Aug 2005	0	976	61.51	9.80	$9,562
Jul 2005	0	1,088	55.69	7.84	$8,534
Jun 2005	0	817	52.33	7.38	$6,030
May 2005	0	987	45.22	6.65	$6,565
Apr 2005	0	1,062	49.20	7.36	$7,817
Mar 2005	0	1,087	50.37	7.15	$7,777
Feb 2005	0	791	45.22	6.31	$4,993
Jan 2005	0	920	43.16	6.32	$5,816
Dec 2004	0	1,008	39.86	6.75	$6,805
Nov 2004	0	819	45.28	6.33	$5,185
Oct 2004	0	800	49.70	6.52	$5,212
Sep 2004	0	738	43.24	5.28	$3,900
Aug 2004	0	1,215	42.37	5.55	$6,744
Jul 2004	0	1,262	38.28	6.08	$7,678
Jun 2004	0	1,183	36.10	6.43	$7,610
May 2004	0	1,240	37.48	6.49	$8,053
Apr 2004	0	1,115	34.47	5.86	$6,532
Mar 2004	0	1,297	34.36	5.53	$7,173
Feb 2004	0	1,287	32.45	5.51	$7,091
Jan 2004	0	1,227	32.03	6.30	$7,730
Dec 2003	0	1,115	30.26	6.30	$7,026
Nov 2003	0	1,147	28.80	4.60	$5,271
Oct 2003	0	1,271	28.17	4.76	$6,050
Sep 2003	0	1,242	26.31	4.75	$5,899
Aug 2003	0	1,243	29.76	5.13	$6,376
Jul 2003	0	1,271	29.41	5.17	$6,572
Jun 2003	0	1,168	28.56	5.98	$6,988
May 2003	0	925	26.59	5.97	$5,525
Apr 2003	0	974	26.67	5.41	$5,267
Mar 2003	0	1,182	31.14	6.10	$7,206
Feb 2003	0	862	33.48	7.93	$6,832
Jan 2003	0	1,131	30.31	5.58	$6,313
Dec 2002	0	1,387	26.91	4.85	$6,732
Nov 2002	0	1,343	24.66	4.14	$5,556
Oct 2002	0	1,187	26.46	4.23	$5,020
Sep 2002	0	1,322	27.44	3.64	$4,806
Aug 2002	0	1,384	25.96	3.16	$4,379
Jul 2002	0	946	24.58	3.06	$2,896
Jun 2002	0	1,366	23.73	3.34	$4,560
May 2002	0	1,629	24.66	3.58	$5,838
Apr 2002	0	1,541	23.65	3.51	$5,412
Mar 2002	0	1,500	22.00	3.10	$4,654
Feb 2002	0	1,356	18.22	2.38	$3,221
Jan 2002	0	1,710	17.17	2.38	$4,062
Dec 2001	0	1,536	16.93	2.36	$3,632
Nov 2001	0	1,497	18.07	2.41	$3,601
Oct 2001	0	1,664	19.78	2.53	$4,208
Sep 2001	0	1,667	24.26	2.25	$3,753
Aug 2001	0	1,783	24.87	3.05	$5,444
Jul 2001	0	1,680	23.93	3.20	$5,371
Jun 2001	0	1,816	24.56	3.82	$6,945
May 2001	0	1,972	25.52	4.31	$8,494
Apr 2001	0	2,002	24.68	5.34	$10,681
Mar 2001	0	1,906	24.54	5.38	$10,247
Feb 2001	0	1,717	27.75	5.77	$9,902
Jan 2001	0	2,276	27.47	8.40	$19,116
Dec 2000	0	2,306	26.88	9.12	$21,036
Nov 2000	0	2,298	32.21	5.66	$13,002
Oct 2000	0	2,398	31.23	5.15	$12,339
Sep 2000	0	2,291	31.87	5.19	$11,882
Aug 2000	0	2,397	29.64	4.54	$10,884
Jul 2000	0	2,361	28.53	4.09	$9,656
Jun 2000	0	2,521	29.30	4.40	$11,085
May 2000	0	2,819	27.26	3.68	$10,373
Apr 2000	0	2,797	24.51	3.12	$8,715
Mar 2000	0	2,811	28.42	2.86	$8,039
Feb 2000	0	2,801	27.62	2.73	$7,637
Jan 2000	0	3,121	25.27	2.48	$7,742
Dec 1999	0	3,310	24.28	2.42	$8,023
Nov 1999	0	3,346	23.19	2.43	$8,144
Oct 1999	0	4,091	20.98	2.80	$11,470
Sep 1999	0	4,460	21.75	2.62	$11,680
Aug 1999	0	4,989	19.26	2.88	$14,346
Jul 1999	0	6,523	17.89	2.37	$15,475
Jun 1999	0	246	15.94	2.36	$581

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.

Jul 2012 — as filed, then multipliedworked

Condensate             0 bbl  × $ 85.13 =         $0
Gas                  866 Mcf  × $  3.02 =     $2,616

────────────────────────────────────────────────────
Month total                                   $2,616

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/173636 is the state's own key, not one this site invented.