PETTY RANCH

Name: PETTY RANCH lease production and value, Jul 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 174405District 04Field 355665002 tax incentive programmesCondensateGasSave Export

Value, all time

$862 k

Jul 1999 – Jul 2018

Value, last 12 filed months

at the published price for each month

Months reported

229

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	143332
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	932 bbl	$42,481
Gas	Production	157,111 Mcf	$819,325
Total			$861,806

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 28.1062, -99.8397. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.10619, -99.83974 · 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

19.0 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 5,500 ft.

Completions filed

Jul 1999

1 of 1 wells

Plug dates filed

Jul 2018

1 of 1 wells

Last completion to plug: a median of 19.0 years across the 1 well that filed both dates, with the middle half between 19.0 years and 19.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47937277	301	5,500 ft	Jul 1999	Jul 2018	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 (229)

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

229 months


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	2	24	45.35	2.69	$155
May 2016	0	81	42.52	1.99	$161
Apr 2016	0	90	36.56	1.99	$179
Mar 2016	1	109	33.01	1.79	$229
Feb 2016	0	119	26.47	2.06	$246
Jan 2016	0	134	27.35	2.36	$317
Dec 2015	0	154	32.36	2.00	$308
Nov 2015	0	112	38.79	2.17	$243
Oct 2015	0	109	43.55	2.43	$265
Sep 2015	0	88	42.99	2.76	$243
Aug 2015	1	96	40.16	2.87	$316
Jul 2015	0	100	48.15	2.95	$295
Jun 2015	0	147	56.15	2.88	$424
May 2015	0	115	55.21	2.96	$340
Apr 2015	0	174	49.82	2.71	$471
Mar 2015	0	177	42.89	2.93	$519
Feb 2015	3	144	44.66	2.98	$563
Jan 2015	1	134	43.43	3.10	$459
Dec 2014	0	254	54.69	3.59	$912
Nov 2014	0	547	70.46	4.25	$2,326
Oct 2014	0	738	78.30	3.90	$2,879
Sep 2014	0	659	86.16	4.05	$2,666
Aug 2014	5	895	89.39	4.04	$4,058
Jul 2014	0	656	96.56	4.18	$2,742
Jun 2014	1	602	98.16	4.74	$2,950
May 2014	0	737	94.73	4.73	$3,483
Apr 2014	4	694	95.94	4.81	$3,721
Mar 2014	0	638	95.89	5.06	$3,226
Feb 2014	3	399	97.40	6.19	$2,763
Jan 2014	0	356	90.40	4.86	$1,730
Dec 2013	4	287	91.82	4.35	$1,617
Nov 2013	0	291	88.85	3.74	$1,088
Oct 2013	0	372	97.42	3.78	$1,406
Sep 2013	0	310	104.11	3.72	$1,153
Aug 2013	0	219	104.25	3.52	$771
Jul 2013	0	215	102.52	3.72	$799
Jun 2013	0	439	94.40	3.93	$1,727
May 2013	0	673	94.83	4.15	$2,792
Apr 2013	0	668	93.96	4.28	$2,861
Mar 2013	0	687	93.62	3.91	$2,688
Feb 2013	4	686	91.23	3.42	$2,711
Jan 2013	0	808	91.60	3.42	$2,763
Dec 2012	0	847	86.77	3.42	$2,897
Nov 2012	0	871	86.95	3.62	$3,157
Oct 2012	3	854	89.38	3.40	$3,171
Sep 2012	0	699	94.67	2.92	$2,040
Aug 2012	0	677	92.66	2.91	$1,969
Jul 2012	0	642	85.13	3.02	$1,939
Jun 2012	0	673	79.82	2.52	$1,695
May 2012	0	640	91.61	2.49	$1,593
Apr 2012	0	686	101.65	2.00	$1,370
Mar 2012	3	626	105.05	2.22	$1,706
Feb 2012	0	667	101.10	2.57	$1,714
Jan 2012	0	296	98.09	2.73	$809
Dec 2011	0	172	96.87	3.24	$557
Nov 2011	1	472	95.72	3.31	$1,659
Oct 2011	0	705	84.98	3.65	$2,572
Sep 2011	0	376	83.62	3.99	$1,499
Aug 2011	0	740	83.40	4.15	$3,071
Jul 2011	0	355	94.14	4.52	$1,604
Jun 2011	0	342	92.90	4.64	$1,587
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	231	105.96	4.33	$1,001
Mar 2011	0	381	96.36	4.06	$1,546
Feb 2011	0	65	85.64	4.18	$272
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	175	85.73	4.35	$761
Nov 2010	0	104	80.84	3.80	$395
Oct 2010	0	213	78.10	3.51	$747
Sep 2010	0	100	72.63	3.98	$398
Aug 2010	0	276	73.68	4.42	$1,220
Jul 2010	0	267	72.55	4.74	$1,265
Jun 2010	0	153	70.36	4.91	$751
May 2010	0	160	71.12	4.24	$678
Apr 2010	0	152	81.69	4.12	$627
Mar 2010	0	137	78.39	4.39	$601
Feb 2010	0	201	73.58	5.44	$1,094
Jan 2010	0	319	74.36	5.96	$1,903
Dec 2009	0	297	71.44	5.48	$1,629
Nov 2009	0	227	74.59	3.75	$852
Oct 2009	0	219	72.54	4.11	$900
Sep 2009	0	172	65.54	3.06	$527
Aug 2009	0	198	67.42	3.22	$637
Jul 2009	0	315	61.13	3.46	$1,091
Jun 2009	0	295	66.16	3.90	$1,149
May 2009	0	507	54.74	3.93	$1,990
Apr 2009	0	416	46.77	3.59	$1,492
Mar 2009	0	448	42.14	4.06	$1,818
Feb 2009	0	563	32.81	4.63	$2,608
Jan 2009	0	587	35.86	5.37	$3,153
Dec 2008	0	381	37.10	5.98	$2,277
Nov 2008	0	399	55.49	6.86	$2,737
Oct 2008	0	437	75.24	6.92	$3,025
Sep 2008	0	429	101.76	7.88	$3,379
Aug 2008	0	288	114.22	8.48	$2,443
Jul 2008	0	686	131.08	11.39	$7,813
Jun 2008	0	533	131.33	13.03	$6,946
May 2008	0	663	123.17	11.57	$7,674
Apr 2008	0	753	110.31	10.45	$7,873
Mar 2008	0	668	101.90	9.66	$6,456
Feb 2008	0	663	92.53	8.77	$5,815
Jan 2008	0	807	90.38	8.21	$6,622
Dec 2007	0	931	88.33	7.30	$6,798
Nov 2007	0	804	91.67	7.29	$5,863
Oct 2007	0	700	82.85	6.92	$4,845
Sep 2007	0	600	75.84	6.24	$3,747
Aug 2007	0	688	69.06	6.39	$4,395
Jul 2007	0	1,093	70.90	6.39	$6,982
Jun 2007	0	1,005	62.00	7.55	$7,586
May 2007	0	1,986	58.74	7.85	$15,583
Apr 2007	0	1,842	59.61	7.81	$14,377
Mar 2007	0	1,783	56.92	7.30	$13,019
Feb 2007	0	1,541	55.10	8.22	$12,661
Jan 2007	0	1,721	50.30	6.73	$11,577
Dec 2006	0	1,921	56.65	6.92	$13,290
Nov 2006	0	1,304	54.20	7.62	$9,933
Oct 2006	0	778	54.90	6.01	$4,679
Sep 2006	0	731	60.08	5.04	$3,682
Aug 2006	0	1,039	68.71	7.34	$7,626
Jul 2006	0	2,373	69.37	6.34	$15,051
Jun 2006	0	2,533	66.28	6.38	$16,170
May 2006	1	0	66.01	6.42	$66
Apr 2006	1	484	64.39	7.36	$3,627
Mar 2006	5	468	56.70	7.08	$3,598
Feb 2006	3	436	57.59	7.75	$3,552
Jan 2006	4	563	60.59	8.93	$5,272
Dec 2005	3	492	54.94	13.42	$6,765
Nov 2005	3	519	54.69	10.59	$5,659
Oct 2005	6	512	58.34	13.80	$7,413
Sep 2005	12	537	61.45	12.08	$7,224
Aug 2005	14	566	61.51	9.80	$6,406
Jul 2005	14	715	55.69	7.84	$6,388
Jun 2005	13	865	52.33	7.38	$7,065
May 2005	56	642	45.22	6.65	$6,802
Apr 2005	86	1,653	49.20	7.36	$16,398
Mar 2005	91	2,001	50.37	7.15	$18,901
Feb 2005	142	1,740	45.22	6.31	$17,404
Jan 2005	84	2,344	43.16	6.32	$18,445
Dec 2004	68	1,832	39.86	6.75	$15,078
Nov 2004	31	1,134	45.28	6.33	$8,582
Oct 2004	59	1,357	49.70	6.52	$11,773
Sep 2004	8	1,062	43.24	5.28	$5,957
Aug 2004	0	303	42.37	5.55	$1,682
Jul 2004	21	213	38.28	6.08	$2,100
Jun 2004	7	282	36.10	6.43	$2,067
May 2004	8	268	37.48	6.49	$2,040
Apr 2004	9	426	34.47	5.86	$2,806
Mar 2004	14	451	34.36	5.53	$2,975
Feb 2004	20	656	32.45	5.51	$4,263
Jan 2004	31	446	32.03	6.30	$3,803
Dec 2003	3	238	30.26	6.30	$1,591
Nov 2003	0	394	28.80	4.60	$1,810
Oct 2003	0	463	28.17	4.76	$2,204
Sep 2003	10	502	26.31	4.75	$2,647
Aug 2003	8	743	29.76	5.13	$4,049
Jul 2003	0	387	29.41	5.17	$2,001
Jun 2003	0	597	28.56	5.98	$3,572
May 2003	23	947	26.59	5.97	$6,268
Apr 2003	8	380	26.67	5.41	$2,268
Mar 2003	24	711	31.14	6.10	$5,082
Feb 2003	6	978	33.48	7.93	$7,952
Jan 2003	0	1,225	30.31	5.58	$6,838
Dec 2002	0	1,615	26.91	4.85	$7,839
Nov 2002	0	1,496	24.66	4.14	$6,189
Oct 2002	0	611	26.46	4.23	$2,584
Sep 2002	0	686	27.44	3.64	$2,494
Aug 2002	0	1,169	25.96	3.16	$3,699
Jul 2002	0	1,549	24.58	3.06	$4,743
Jun 2002	0	889	23.73	3.34	$2,968
May 2002	0	1,359	24.66	3.58	$4,871
Apr 2002	0	1,576	23.65	3.51	$5,535
Mar 2002	0	1,472	22.00	3.10	$4,567
Feb 2002	0	1,054	18.22	2.38	$2,504
Jan 2002	0	1,355	17.17	2.38	$3,219
Dec 2001	0	1,403	16.93	2.36	$3,317
Nov 2001	0	1,626	18.07	2.41	$3,911
Oct 2001	0	1,279	19.78	2.53	$3,234
Sep 2001	0	1,118	24.26	2.25	$2,517
Aug 2001	0	1,650	24.87	3.05	$5,038
Jul 2001	0	960	23.93	3.20	$3,069
Jun 2001	0	562	24.56	3.82	$2,149
May 2001	0	474	25.52	4.31	$2,042
Apr 2001	0	1,485	24.68	5.34	$7,923
Mar 2001	0	2,051	24.54	5.38	$11,027
Feb 2001	0	1,641	27.75	5.77	$9,464
Jan 2001	0	2,084	27.47	8.40	$17,503
Dec 2000	0	2,136	26.88	9.12	$19,486
Nov 2000	0	2,476	32.21	5.66	$14,009
Oct 2000	0	3,007	31.23	5.15	$15,473
Sep 2000	0	3,168	31.87	5.19	$16,431
Aug 2000	0	1,493	29.64	4.54	$6,779
Jul 2000	0	0	28.53	4.09	$0
Jun 2000	0	0	29.30	4.40	$0
May 2000	0	441	27.26	3.68	$1,623
Apr 2000	0	1,284	24.51	3.12	$4,001
Mar 2000	0	2,055	28.42	2.86	$5,877
Feb 2000	0	1,976	27.62	2.73	$5,388
Jan 2000	0	2,152	25.27	2.48	$5,338
Dec 1999	0	2,951	24.28	2.42	$7,152
Nov 1999	0	4,474	23.19	2.43	$10,890
Oct 1999	0	2,267	20.98	2.80	$6,356
Sep 1999	0	0	21.75	2.62	$0
Aug 1999	0	0	19.26	2.88	$0
Jul 1999	0	0	17.89	2.37	$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                   24 Mcf  × $  2.69 =        $64

────────────────────────────────────────────────────
Month total                                     $155

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/174405 is the state's own key, not one this site invented.