PETTY RANCH

Name: PETTY RANCH lease production and value, Sep 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 174541District 04Field 355665002 tax incentive programmesCondensateGasSave Export

Value, all time

$2.7 M

Sep 1999 – Jul 2019

Value, last 12 filed months

at the published price for each month

Months reported

239

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	2001-04-04	143601
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	99 bbl	$7,970
Gas	Production	563,816 Mcf	$2,653,068
Total			$2,661,039

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 28.0437, -99.8935. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.04369, -99.89352 · 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

19.8 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

Sep 1999

1 of 1 wells

Plug dates filed

Jul 2019

1 of 1 wells

Last completion to plug: a median of 19.8 years across the 1 well that filed both dates, with the middle half between 19.8 years and 19.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47937240	1117	5,500 ft	Sep 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 (239)

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

239 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	5	166	45.35	2.69	$673
May 2016	0	539	42.52	1.99	$1,073
Apr 2016	0	740	36.56	1.99	$1,473
Mar 2016	0	583	33.01	1.79	$1,046
Feb 2016	0	510	26.47	2.06	$1,052
Jan 2016	0	519	27.35	2.36	$1,227
Dec 2015	5	636	32.36	2.00	$1,435
Nov 2015	0	722	38.79	2.17	$1,565
Oct 2015	0	957	43.55	2.43	$2,322
Sep 2015	0	952	42.99	2.76	$2,626
Aug 2015	0	944	40.16	2.87	$2,712
Jul 2015	5	702	48.15	2.95	$2,308
Jun 2015	0	813	56.15	2.88	$2,344
May 2015	0	580	55.21	2.96	$1,714
Apr 2015	0	1,037	49.82	2.71	$2,807
Mar 2015	5	931	42.89	2.93	$2,947
Feb 2015	0	786	44.66	2.98	$2,339
Jan 2015	5	643	43.43	3.10	$2,211
Dec 2014	0	791	54.69	3.59	$2,841
Nov 2014	0	840	70.46	4.25	$3,572
Oct 2014	4	730	78.30	3.90	$3,161
Sep 2014	0	769	86.16	4.05	$3,111
Aug 2014	0	760	89.39	4.04	$3,067
Jul 2014	4	819	96.56	4.18	$3,809
Jun 2014	0	773	98.16	4.74	$3,662
May 2014	0	896	94.73	4.73	$4,235
Apr 2014	4	889	95.94	4.81	$4,659
Mar 2014	0	874	95.89	5.06	$4,420
Feb 2014	4	894	97.40	6.19	$5,925
Jan 2014	0	1,080	90.40	4.86	$5,250
Dec 2013	4	1,002	91.82	4.35	$4,730
Nov 2013	0	971	88.85	3.74	$3,630
Oct 2013	4	939	97.42	3.78	$3,939
Sep 2013	4	1,147	104.11	3.72	$4,681
Aug 2013	0	1,294	104.25	3.52	$4,558
Jul 2013	0	1,356	102.52	3.72	$5,041
Jun 2013	0	1,235	94.40	3.93	$4,858
May 2013	4	1,095	94.83	4.15	$4,923
Apr 2013	0	1,042	93.96	4.28	$4,462
Mar 2013	4	1,035	93.62	3.91	$4,424
Feb 2013	0	929	91.23	3.42	$3,177
Jan 2013	4	1,094	91.60	3.42	$4,108
Dec 2012	0	1,124	86.77	3.42	$3,844
Nov 2012	5	1,052	86.95	3.62	$4,248
Oct 2012	0	1,172	89.38	3.40	$3,984
Sep 2012	0	961	94.67	2.92	$2,805
Aug 2012	4	994	92.66	2.91	$3,261
Jul 2012	2	1,019	85.13	3.02	$3,248
Jun 2012	0	1,006	79.82	2.52	$2,534
May 2012	4	1,027	91.61	2.49	$2,922
Apr 2012	0	1,061	101.65	2.00	$2,119
Mar 2012	3	1,141	105.05	2.22	$2,851
Feb 2012	0	844	101.10	2.57	$2,169
Jan 2012	3	921	98.09	2.73	$2,812
Dec 2011	3	847	96.87	3.24	$3,035
Nov 2011	3	880	95.72	3.31	$3,201
Oct 2011	0	953	84.98	3.65	$3,477
Sep 2011	0	912	83.62	3.99	$3,635
Aug 2011	3	872	83.40	4.15	$3,868
Jul 2011	0	877	94.14	4.52	$3,962
Jun 2011	1	753	92.90	4.64	$3,587
May 2011	2	1,094	98.13	4.40	$5,015
Apr 2011	0	957	105.96	4.33	$4,147
Mar 2011	0	1,007	96.36	4.06	$4,086
Feb 2011	0	992	85.64	4.18	$4,147
Jan 2011	0	618	86.50	4.59	$2,836
Dec 2010	0	525	85.73	4.35	$2,283
Nov 2010	0	648	80.84	3.80	$2,459
Oct 2010	0	517	78.10	3.51	$1,814
Sep 2010	0	849	72.63	3.98	$3,379
Aug 2010	0	879	73.68	4.42	$3,885
Jul 2010	0	1,780	72.55	4.74	$8,431
Jun 2010	0	491	70.36	4.91	$2,411
May 2010	0	496	71.12	4.24	$2,101
Apr 2010	0	1,496	81.69	4.12	$6,168
Mar 2010	0	1,539	78.39	4.39	$6,754
Feb 2010	0	1,508	73.58	5.44	$8,207
Jan 2010	1	1,714	74.36	5.96	$10,297
Dec 2009	0	1,653	71.44	5.48	$9,065
Nov 2009	0	1,394	74.59	3.75	$5,230
Oct 2009	0	1,599	72.54	4.11	$6,572
Sep 2009	0	1,117	65.54	3.06	$3,423
Aug 2009	0	1,350	67.42	3.22	$4,345
Jul 2009	0	1,422	61.13	3.46	$4,927
Jun 2009	0	1,347	66.16	3.90	$5,247
May 2009	0	1,265	54.74	3.93	$4,966
Apr 2009	0	1,157	46.77	3.59	$4,151
Mar 2009	0	1,216	42.14	4.06	$4,936
Feb 2009	0	1,293	32.81	4.63	$5,990
Jan 2009	0	1,363	35.86	5.37	$7,321
Dec 2008	0	1,199	37.10	5.98	$7,167
Nov 2008	0	994	55.49	6.86	$6,819
Oct 2008	0	1,194	75.24	6.92	$8,265
Sep 2008	0	1,395	101.76	7.88	$10,989
Aug 2008	0	1,416	114.22	8.48	$12,012
Jul 2008	0	1,079	131.08	11.39	$12,289
Jun 2008	0	1,092	131.33	13.03	$14,232
May 2008	0	1,261	123.17	11.57	$14,595
Apr 2008	0	1,344	110.31	10.45	$14,051
Mar 2008	0	1,343	101.90	9.66	$12,979
Feb 2008	0	1,148	92.53	8.77	$10,069
Jan 2008	0	1,119	90.38	8.21	$9,182
Dec 2007	0	1,168	88.33	7.30	$8,529
Nov 2007	0	1,150	91.67	7.29	$8,385
Oct 2007	0	1,032	82.85	6.92	$7,143
Sep 2007	0	1,029	75.84	6.24	$6,425
Aug 2007	0	945	69.06	6.39	$6,037
Jul 2007	0	1,188	70.90	6.39	$7,589
Jun 2007	0	1,133	62.00	7.55	$8,552
May 2007	0	1,270	58.74	7.85	$9,965
Apr 2007	0	1,353	59.61	7.81	$10,560
Mar 2007	0	1,489	56.92	7.30	$10,873
Feb 2007	0	1,422	55.10	8.22	$11,683
Jan 2007	0	1,486	50.30	6.73	$9,996
Dec 2006	0	1,561	56.65	6.92	$10,800
Nov 2006	0	1,706	54.20	7.62	$12,995
Oct 2006	0	1,913	54.90	6.01	$11,504
Sep 2006	0	1,963	60.08	5.04	$9,888
Aug 2006	0	1,802	68.71	7.34	$13,227
Jul 2006	0	1,230	69.37	6.34	$7,802
Jun 2006	0	1,267	66.28	6.38	$8,088
May 2006	0	748	66.01	6.42	$4,806
Apr 2006	0	1,279	64.39	7.36	$9,414
Mar 2006	0	1,708	56.70	7.08	$12,098
Feb 2006	0	1,675	57.59	7.75	$12,983
Jan 2006	0	2,069	60.59	8.93	$18,483
Dec 2005	0	2,297	54.94	13.42	$30,815
Nov 2005	0	2,225	54.69	10.59	$23,559
Oct 2005	0	2,298	58.34	13.80	$31,703
Sep 2005	0	2,319	61.45	12.08	$28,011
Aug 2005	0	2,419	61.51	9.80	$23,699
Jul 2005	0	2,423	55.69	7.84	$19,005
Jun 2005	0	2,852	52.33	7.38	$21,051
May 2005	0	2,988	45.22	6.65	$19,874
Apr 2005	0	3,033	49.20	7.36	$22,324
Mar 2005	0	3,161	50.37	7.15	$22,617
Feb 2005	0	3,026	45.22	6.31	$19,100
Jan 2005	0	3,420	43.16	6.32	$21,622
Dec 2004	0	3,248	39.86	6.75	$21,928
Nov 2004	0	3,378	45.28	6.33	$21,384
Oct 2004	0	3,940	49.70	6.52	$25,669
Sep 2004	0	4,389	43.24	5.28	$23,191
Aug 2004	0	3,185	42.37	5.55	$17,679
Jul 2004	0	3,545	38.28	6.08	$21,568
Jun 2004	0	3,677	36.10	6.43	$23,654
May 2004	0	3,974	37.48	6.49	$25,809
Apr 2004	0	3,993	34.47	5.86	$23,393
Mar 2004	0	4,107	34.36	5.53	$22,712
Feb 2004	0	3,873	32.45	5.51	$21,339
Jan 2004	0	4,394	32.03	6.30	$27,681
Dec 2003	0	4,917	30.26	6.30	$30,985
Nov 2003	0	3,673	28.80	4.60	$16,878
Oct 2003	0	5,715	28.17	4.76	$27,201
Sep 2003	0	2,488	26.31	4.75	$11,816
Aug 2003	0	2,244	29.76	5.13	$11,511
Jul 2003	0	2,627	29.41	5.17	$13,584
Jun 2003	0	2,727	28.56	5.98	$16,316
May 2003	0	1,617	26.59	5.97	$9,658
Apr 2003	0	1,817	26.67	5.41	$9,825
Mar 2003	0	2,576	31.14	6.10	$15,703
Feb 2003	0	2,569	33.48	7.93	$20,362
Jan 2003	0	2,974	30.31	5.58	$16,601
Dec 2002	0	2,691	26.91	4.85	$13,061
Nov 2002	0	3,599	24.66	4.14	$14,889
Oct 2002	0	3,847	26.46	4.23	$16,269
Sep 2002	0	3,700	27.44	3.64	$13,450
Aug 2002	0	4,664	25.96	3.16	$14,758
Jul 2002	0	5,358	24.58	3.06	$16,405
Jun 2002	0	5,859	23.73	3.34	$19,559
May 2002	0	4,152	24.66	3.58	$14,881
Apr 2002	0	2,673	23.65	3.51	$9,388
Mar 2002	0	3,379	22.00	3.10	$10,484
Feb 2002	0	3,756	18.22	2.38	$8,923
Jan 2002	0	3,990	17.17	2.38	$9,479
Dec 2001	0	5,686	16.93	2.36	$13,444
Nov 2001	0	5,772	18.07	2.41	$13,885
Oct 2001	0	4,331	19.78	2.53	$10,953
Sep 2001	0	5,507	24.26	2.25	$12,398
Aug 2001	0	7,486	24.87	3.05	$22,856
Jul 2001	0	8,252	23.93	3.20	$26,382
Jun 2001	0	3,799	24.56	3.82	$14,528
May 2001	0	4,130	25.52	4.31	$17,789
Apr 2001	0	4,826	24.68	5.34	$25,748
Mar 2001	0	6,143	24.54	5.38	$33,027
Feb 2001	0	5,635	27.75	5.77	$32,498
Jan 2001	0	7,073	27.47	8.40	$59,404
Dec 2000	0	8,992	26.88	9.12	$82,030
Nov 2000	0	9,574	32.21	5.66	$54,170
Oct 2000	0	10,479	31.23	5.15	$53,920
Sep 2000	0	12,017	31.87	5.19	$62,326
Aug 2000	0	11,636	29.64	4.54	$52,836
Jul 2000	0	12,209	28.53	4.09	$49,932
Jun 2000	0	12,526	29.30	4.40	$55,080
May 2000	0	12,982	27.26	3.68	$47,771
Apr 2000	0	13,631	24.51	3.12	$42,474
Mar 2000	0	14,965	28.42	2.86	$42,796
Feb 2000	0	14,743	27.62	2.73	$40,197
Jan 2000	0	14,581	25.27	2.48	$36,168
Dec 1999	0	15,122	24.28	2.42	$36,651
Nov 1999	0	14,197	23.19	2.43	$34,555
Oct 1999	0	16,748	20.98	2.80	$46,957
Sep 1999	0	3,112	21.75	2.62	$8,150

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             5 bbl  × $ 45.35 =       $227
Gas                  166 Mcf  × $  2.69 =       $446

────────────────────────────────────────────────────
Month total                                     $673

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/174541 is the state's own key, not one this site invented.