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 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 173648District 04Field 355665002 tax incentive programmesCondensateGasSave Export

Value, all time

$2.0 M

Jun 1999 – Jul 2019

Value, last 12 filed months

at the published price for each month

Months reported

242

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	143325
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	1,095 bbl	$35,930
Gas	Production	395,729 Mcf	$1,935,753
Total			$1,971,683

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 28.0433, -99.8868. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.04327, -99.88678 · 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

20.1 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

Jun 1999

1 of 1 wells

Plug dates filed

Jul 2019

1 of 1 wells

Last completion to plug: a median of 20.1 years across the 1 well that filed both dates, with the middle half between 20.1 years and 20.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47937251	1118	5,500 ft	Jun 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 (242)

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

242 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	164	45.35	2.69	$622
May 2016	0	571	42.52	1.99	$1,137
Apr 2016	0	493	36.56	1.99	$982
Mar 2016	0	440	33.01	1.79	$789
Feb 2016	0	221	26.47	2.06	$456
Jan 2016	0	337	27.35	2.36	$797
Dec 2015	2	361	32.36	2.00	$787
Nov 2015	0	303	38.79	2.17	$657
Oct 2015	0	316	43.55	2.43	$767
Sep 2015	0	240	42.99	2.76	$662
Aug 2015	0	217	40.16	2.87	$623
Jul 2015	1	255	48.15	2.95	$799
Jun 2015	0	155	56.15	2.88	$447
May 2015	0	146	55.21	2.96	$432
Apr 2015	0	141	49.82	2.71	$382
Mar 2015	2	142	42.89	2.93	$503
Feb 2015	0	197	44.66	2.98	$586
Jan 2015	2	485	43.43	3.10	$1,591
Dec 2014	0	424	54.69	3.59	$1,523
Nov 2014	0	328	70.46	4.25	$1,395
Oct 2014	4	727	78.30	3.90	$3,149
Sep 2014	0	765	86.16	4.05	$3,095
Aug 2014	0	793	89.39	4.04	$3,200
Jul 2014	4	820	96.56	4.18	$3,814
Jun 2014	0	796	98.16	4.74	$3,771
May 2014	0	896	94.73	4.73	$4,235
Apr 2014	4	845	95.94	4.81	$4,447
Mar 2014	0	761	95.89	5.06	$3,848
Feb 2014	4	810	97.40	6.19	$5,405
Jan 2014	0	1,077	90.40	4.86	$5,235
Dec 2013	4	988	91.82	4.35	$4,670
Nov 2013	0	958	88.85	3.74	$3,581
Oct 2013	4	848	97.42	3.78	$3,595
Sep 2013	4	1,159	104.11	3.72	$4,725
Aug 2013	0	1,258	104.25	3.52	$4,431
Jul 2013	0	1,307	102.52	3.72	$4,859
Jun 2013	0	996	94.40	3.93	$3,918
May 2013	4	1,101	94.83	4.15	$4,947
Apr 2013	0	1,040	93.96	4.28	$4,454
Mar 2013	4	1,023	93.62	3.91	$4,377
Feb 2013	0	941	91.23	3.42	$3,218
Jan 2013	4	1,095	91.60	3.42	$4,111
Dec 2012	0	1,126	86.77	3.42	$3,851
Nov 2012	4	1,055	86.95	3.62	$4,172
Oct 2012	0	1,139	89.38	3.40	$3,872
Sep 2012	0	980	94.67	2.92	$2,860
Aug 2012	4	996	92.66	2.91	$3,267
Jul 2012	2	1,017	85.13	3.02	$3,242
Jun 2012	0	1,011	79.82	2.52	$2,547
May 2012	4	1,020	91.61	2.49	$2,905
Apr 2012	0	1,052	101.65	2.00	$2,101
Mar 2012	4	1,115	105.05	2.22	$2,898
Feb 2012	0	929	101.10	2.57	$2,388
Jan 2012	3	977	98.09	2.73	$2,965
Dec 2011	3	956	96.87	3.24	$3,388
Nov 2011	3	1,038	95.72	3.31	$3,724
Oct 2011	0	1,058	84.98	3.65	$3,860
Sep 2011	0	1,207	83.62	3.99	$4,811
Aug 2011	3	879	83.40	4.15	$3,897
Jul 2011	0	1,259	94.14	4.52	$5,687
Jun 2011	1	1,173	92.90	4.64	$5,535
May 2011	2	969	98.13	4.40	$4,465
Apr 2011	0	958	105.96	4.33	$4,151
Mar 2011	0	1,054	96.36	4.06	$4,276
Feb 2011	0	1,049	85.64	4.18	$4,385
Jan 2011	0	605	86.50	4.59	$2,776
Dec 2010	0	931	85.73	4.35	$4,048
Nov 2010	0	746	80.84	3.80	$2,831
Oct 2010	0	897	78.10	3.51	$3,147
Sep 2010	0	327	72.63	3.98	$1,301
Aug 2010	0	764	73.68	4.42	$3,376
Jul 2010	0	818	72.55	4.74	$3,874
Jun 2010	0	647	70.36	4.91	$3,177
May 2010	0	605	71.12	4.24	$2,562
Apr 2010	0	576	81.69	4.12	$2,375
Mar 2010	0	583	78.39	4.39	$2,559
Feb 2010	0	605	73.58	5.44	$3,293
Jan 2010	0	717	74.36	5.96	$4,276
Dec 2009	0	726	71.44	5.48	$3,981
Nov 2009	0	900	74.59	3.75	$3,376
Oct 2009	0	1,050	72.54	4.11	$4,316
Sep 2009	0	1,145	65.54	3.06	$3,509
Aug 2009	0	1,204	67.42	3.22	$3,875
Jul 2009	0	1,314	61.13	3.46	$4,552
Jun 2009	0	1,190	66.16	3.90	$4,635
May 2009	0	1,334	54.74	3.93	$5,237
Apr 2009	0	1,217	46.77	3.59	$4,366
Mar 2009	0	1,243	42.14	4.06	$5,045
Feb 2009	0	976	32.81	4.63	$4,522
Jan 2009	0	981	35.86	5.37	$5,269
Dec 2008	0	925	37.10	5.98	$5,529
Nov 2008	0	1,016	55.49	6.86	$6,970
Oct 2008	0	1,144	75.24	6.92	$7,919
Sep 2008	0	1,149	101.76	7.88	$9,051
Aug 2008	0	985	114.22	8.48	$8,356
Jul 2008	0	968	131.08	11.39	$11,025
Jun 2008	0	1,070	131.33	13.03	$13,945
May 2008	0	1,301	123.17	11.57	$15,058
Apr 2008	0	1,087	110.31	10.45	$11,364
Mar 2008	0	1,435	101.90	9.66	$13,868
Feb 2008	0	1,308	92.53	8.77	$11,472
Jan 2008	0	1,401	90.38	8.21	$11,496
Dec 2007	0	1,481	88.33	7.30	$10,814
Nov 2007	0	1,394	91.67	7.29	$10,165
Oct 2007	0	1,155	82.85	6.92	$7,995
Sep 2007	0	806	75.84	6.24	$5,033
Aug 2007	0	1,101	69.06	6.39	$7,033
Jul 2007	0	1,999	70.90	6.39	$12,769
Jun 2007	0	1,554	62.00	7.55	$11,730
May 2007	0	1,617	58.74	7.85	$12,687
Apr 2007	0	1,597	59.61	7.81	$12,465
Mar 2007	0	1,563	56.92	7.30	$11,413
Feb 2007	0	1,525	55.10	8.22	$12,529
Jan 2007	0	1,564	50.30	6.73	$10,521
Dec 2006	0	1,582	56.65	6.92	$10,945
Nov 2006	0	1,505	54.20	7.62	$11,464
Oct 2006	0	1,576	54.90	6.01	$9,478
Sep 2006	0	1,544	60.08	5.04	$7,777
Aug 2006	0	1,733	68.71	7.34	$12,720
Jul 2006	0	1,705	69.37	6.34	$10,814
Jun 2006	0	1,583	66.28	6.38	$10,106
May 2006	0	1,733	66.01	6.42	$11,135
Apr 2006	0	1,782	64.39	7.36	$13,116
Mar 2006	0	1,811	56.70	7.08	$12,827
Feb 2006	0	1,588	57.59	7.75	$12,309
Jan 2006	0	1,868	60.59	8.93	$16,687
Dec 2005	0	1,969	54.94	13.42	$26,415
Nov 2005	0	2,002	54.69	10.59	$21,198
Oct 2005	0	2,114	58.34	13.80	$29,164
Sep 2005	0	2,069	61.45	12.08	$24,991
Aug 2005	0	1,992	61.51	9.80	$19,515
Jul 2005	0	2,065	55.69	7.84	$16,197
Jun 2005	0	2,213	52.33	7.38	$16,334
May 2005	0	2,278	45.22	6.65	$15,151
Apr 2005	0	1,947	49.20	7.36	$14,331
Mar 2005	0	2,164	50.37	7.15	$15,483
Feb 2005	0	1,972	45.22	6.31	$12,447
Jan 2005	0	2,343	43.16	6.32	$14,813
Dec 2004	0	2,085	39.86	6.75	$14,076
Nov 2004	0	1,996	45.28	6.33	$12,636
Oct 2004	0	2,240	49.70	6.52	$14,594
Sep 2004	0	1,827	43.24	5.28	$9,654
Aug 2004	0	2,564	42.37	5.55	$14,232
Jul 2004	0	2,566	38.28	6.08	$15,612
Jun 2004	0	2,373	36.10	6.43	$15,266
May 2004	0	2,403	37.48	6.49	$15,606
Apr 2004	0	2,436	34.47	5.86	$14,271
Mar 2004	0	2,597	34.36	5.53	$14,362
Feb 2004	1	2,705	32.45	5.51	$14,936
Jan 2004	1	3,060	32.03	6.30	$19,309
Dec 2003	2	2,678	30.26	6.30	$16,936
Nov 2003	1	2,774	28.80	4.60	$12,776
Oct 2003	8	2,927	28.17	4.76	$14,157
Sep 2003	47	2,786	26.31	4.75	$14,468
Aug 2003	37	2,757	29.76	5.13	$15,244
Jul 2003	38	3,025	29.41	5.17	$16,759
Jun 2003	39	2,898	28.56	5.98	$18,452
May 2003	92	3,532	26.59	5.97	$23,542
Apr 2003	69	2,485	26.67	5.41	$15,277
Mar 2003	167	3,621	31.14	6.10	$27,274
Feb 2003	69	3,841	33.48	7.93	$32,753
Jan 2003	95	3,675	30.31	5.58	$23,393
Dec 2002	113	3,576	26.91	4.85	$20,398
Nov 2002	121	3,794	24.66	4.14	$18,679
Oct 2002	43	3,713	26.46	4.23	$16,841
Sep 2002	39	3,706	27.44	3.64	$14,542
Aug 2002	29	3,874	25.96	3.16	$13,011
Jul 2002	0	3,529	24.58	3.06	$10,805
Jun 2002	0	3,579	23.73	3.34	$11,948
May 2002	0	3,634	24.66	3.58	$13,024
Apr 2002	0	3,475	23.65	3.51	$12,205
Mar 2002	0	2,529	22.00	3.10	$7,847
Feb 2002	0	2,852	18.22	2.38	$6,775
Jan 2002	0	3,531	17.17	2.38	$8,389
Dec 2001	0	3,655	16.93	2.36	$8,642
Nov 2001	0	4,059	18.07	2.41	$9,764
Oct 2001	0	2,781	19.78	2.53	$7,033
Sep 2001	0	1,832	24.26	2.25	$4,124
Aug 2001	0	2,801	24.87	3.05	$8,552
Jul 2001	0	3,462	23.93	3.20	$11,068
Jun 2001	0	1,115	24.56	3.82	$4,264
May 2001	0	2,053	25.52	4.31	$8,843
Apr 2001	0	4,032	24.68	5.34	$21,512
Mar 2001	0	2,984	24.54	5.38	$16,043
Feb 2001	0	2,660	27.75	5.77	$15,340
Jan 2001	0	3,635	27.47	8.40	$30,529
Dec 2000	0	4,223	26.88	9.12	$38,524
Nov 2000	0	4,411	32.21	5.66	$24,957
Oct 2000	0	4,103	31.23	5.15	$21,112
Sep 2000	0	3,949	31.87	5.19	$20,481
Aug 2000	0	4,290	29.64	4.54	$19,480
Jul 2000	0	4,847	28.53	4.09	$19,823
Jun 2000	0	5,022	29.30	4.40	$22,083
May 2000	0	5,540	27.26	3.68	$20,386
Apr 2000	0	5,034	24.51	3.12	$15,686
Mar 2000	0	5,732	28.42	2.86	$16,392
Feb 2000	0	5,476	27.62	2.73	$14,930
Jan 2000	0	6,133	25.27	2.48	$15,213
Dec 1999	0	6,271	24.28	2.42	$15,199
Nov 1999	0	5,416	23.19	2.43	$13,182
Oct 1999	0	6,624	20.98	2.80	$18,572
Sep 1999	0	6,522	21.75	2.62	$17,080
Aug 1999	0	8,014	19.26	2.88	$23,045
Jul 1999	0	8,467	17.89	2.37	$20,087
Jun 1999	0	3,602	15.94	2.36	$8,508

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                  164 Mcf  × $  2.69 =       $440

────────────────────────────────────────────────────
Month total                                     $622

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/173648 is the state's own key, not one this site invented.