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 174694District 04Field 355665002 tax incentive programmesCondensateGasSave Export

Value, all time

$2.1 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	2001-03-30	143602
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	87 bbl	$7,445
Gas	Production	413,094 Mcf	$2,088,516
Total			$2,095,960

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 28.0367, -99.8814. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.03665, -99.88143 · 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


42-47937311	1218	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	123	45.35	2.69	$557
May 2016	0	481	42.52	1.99	$958
Apr 2016	0	648	36.56	1.99	$1,290
Mar 2016	0	558	33.01	1.79	$1,001
Feb 2016	0	487	26.47	2.06	$1,005
Jan 2016	0	487	27.35	2.36	$1,151
Dec 2015	4	560	32.36	2.00	$1,250
Nov 2015	0	556	38.79	2.17	$1,205
Oct 2015	0	548	43.55	2.43	$1,330
Sep 2015	0	610	42.99	2.76	$1,683
Aug 2015	0	788	40.16	2.87	$2,264
Jul 2015	1	449	48.15	2.95	$1,370
Jun 2015	0	400	56.15	2.88	$1,153
May 2015	0	125	55.21	2.96	$369
Apr 2015	0	159	49.82	2.71	$430
Mar 2015	1	163	42.89	2.93	$521
Feb 2015	0	191	44.66	2.98	$568
Jan 2015	3	227	43.43	3.10	$834
Dec 2014	0	266	54.69	3.59	$955
Nov 2014	0	763	70.46	4.25	$3,244
Oct 2014	4	908	78.30	3.90	$3,855
Sep 2014	0	780	86.16	4.05	$3,155
Aug 2014	0	793	89.39	4.04	$3,200
Jul 2014	4	824	96.56	4.18	$3,830
Jun 2014	0	795	98.16	4.74	$3,766
May 2014	0	916	94.73	4.73	$4,330
Apr 2014	4	852	95.94	4.81	$4,481
Mar 2014	0	965	95.89	5.06	$4,880
Feb 2014	5	1,047	97.40	6.19	$6,970
Jan 2014	0	1,065	90.40	4.86	$5,177
Dec 2013	4	994	91.82	4.35	$4,696
Nov 2013	0	970	88.85	3.74	$3,626
Oct 2013	4	871	97.42	3.78	$3,682
Sep 2013	4	1,158	104.11	3.72	$4,722
Aug 2013	0	1,335	104.25	3.52	$4,703
Jul 2013	0	1,245	102.52	3.72	$4,629
Jun 2013	0	1,079	94.40	3.93	$4,244
May 2013	4	1,104	94.83	4.15	$4,960
Apr 2013	0	1,043	93.96	4.28	$4,467
Mar 2013	4	1,035	93.62	3.91	$4,424
Feb 2013	0	932	91.23	3.42	$3,187
Jan 2013	4	1,087	91.60	3.42	$4,084
Dec 2012	0	1,124	86.77	3.42	$3,844
Nov 2012	4	1,058	86.95	3.62	$4,183
Oct 2012	0	1,138	89.38	3.40	$3,869
Sep 2012	0	980	94.67	2.92	$2,860
Aug 2012	4	985	92.66	2.91	$3,235
Jul 2012	2	1,020	85.13	3.02	$3,251
Jun 2012	0	1,006	79.82	2.52	$2,534
May 2012	4	1,020	91.61	2.49	$2,905
Apr 2012	0	1,047	101.65	2.00	$2,091
Mar 2012	4	1,137	105.05	2.22	$2,947
Feb 2012	0	996	101.10	2.57	$2,560
Jan 2012	3	981	98.09	2.73	$2,976
Dec 2011	3	999	96.87	3.24	$3,527
Nov 2011	3	1,028	95.72	3.31	$3,691
Oct 2011	0	1,176	84.98	3.65	$4,291
Sep 2011	0	1,153	83.62	3.99	$4,596
Aug 2011	2	1,079	83.40	4.15	$4,644
Jul 2011	0	1,274	94.14	4.52	$5,755
Jun 2011	1	1,336	92.90	4.64	$6,292
May 2011	2	918	98.13	4.40	$4,240
Apr 2011	0	935	105.96	4.33	$4,052
Mar 2011	0	1,175	96.36	4.06	$4,767
Feb 2011	0	702	85.64	4.18	$2,934
Jan 2011	0	851	86.50	4.59	$3,905
Dec 2010	0	900	85.73	4.35	$3,913
Nov 2010	0	1,229	80.84	3.80	$4,664
Oct 2010	0	477	78.10	3.51	$1,674
Sep 2010	0	679	72.63	3.98	$2,702
Aug 2010	0	1,103	73.68	4.42	$4,875
Jul 2010	0	897	72.55	4.74	$4,249
Jun 2010	0	1,423	70.36	4.91	$6,988
May 2010	0	1,262	71.12	4.24	$5,345
Apr 2010	0	1,196	81.69	4.12	$4,931
Mar 2010	0	1,240	78.39	4.39	$5,442
Feb 2010	0	1,209	73.58	5.44	$6,580
Jan 2010	0	1,374	74.36	5.96	$8,195
Dec 2009	0	1,382	71.44	5.48	$7,579
Nov 2009	0	1,199	74.59	3.75	$4,498
Oct 2009	0	1,181	72.54	4.11	$4,854
Sep 2009	0	1,214	65.54	3.06	$3,721
Aug 2009	0	1,267	67.42	3.22	$4,078
Jul 2009	0	1,315	61.13	3.46	$4,556
Jun 2009	0	1,262	66.16	3.90	$4,915
May 2009	0	1,154	54.74	3.93	$4,530
Apr 2009	0	1,134	46.77	3.59	$4,068
Mar 2009	0	1,176	42.14	4.06	$4,773
Feb 2009	0	1,261	32.81	4.63	$5,842
Jan 2009	0	1,302	35.86	5.37	$6,993
Dec 2008	0	1,290	37.10	5.98	$7,711
Nov 2008	0	1,178	55.49	6.86	$8,082
Oct 2008	0	1,324	75.24	6.92	$9,165
Sep 2008	0	1,239	101.76	7.88	$9,760
Aug 2008	0	1,090	114.22	8.48	$9,246
Jul 2008	0	1,066	131.08	11.39	$12,141
Jun 2008	0	1,191	131.33	13.03	$15,522
May 2008	0	1,429	123.17	11.57	$16,540
Apr 2008	0	1,325	110.31	10.45	$13,853
Mar 2008	0	1,552	101.90	9.66	$14,999
Feb 2008	0	1,398	92.53	8.77	$12,261
Jan 2008	0	1,609	90.38	8.21	$13,203
Dec 2007	0	1,602	88.33	7.30	$11,698
Nov 2007	0	1,547	91.67	7.29	$11,280
Oct 2007	0	1,470	82.85	6.92	$10,175
Sep 2007	0	1,304	75.84	6.24	$8,142
Aug 2007	0	1,547	69.06	6.39	$9,882
Jul 2007	0	1,660	70.90	6.39	$10,604
Jun 2007	0	1,626	62.00	7.55	$12,274
May 2007	0	1,903	58.74	7.85	$14,931
Apr 2007	0	1,749	59.61	7.81	$13,651
Mar 2007	0	1,802	56.92	7.30	$13,158
Feb 2007	0	1,730	55.10	8.22	$14,214
Jan 2007	0	1,974	50.30	6.73	$13,279
Dec 2006	0	2,323	56.65	6.92	$16,072
Nov 2006	0	2,549	54.20	7.62	$19,417
Oct 2006	0	2,648	54.90	6.01	$15,925
Sep 2006	0	2,233	60.08	5.04	$11,248
Aug 2006	0	2,472	68.71	7.34	$18,144
Jul 2006	0	2,200	69.37	6.34	$13,954
Jun 2006	0	1,192	66.28	6.38	$7,610
May 2006	0	1,418	66.01	6.42	$9,111
Apr 2006	0	1,434	64.39	7.36	$10,555
Mar 2006	0	1,404	56.70	7.08	$9,944
Feb 2006	0	1,117	57.59	7.75	$8,658
Jan 2006	0	1,179	60.59	8.93	$10,532
Dec 2005	0	1,276	54.94	13.42	$17,118
Nov 2005	0	1,390	54.69	10.59	$14,718
Oct 2005	0	1,337	58.34	13.80	$18,445
Sep 2005	0	1,168	61.45	12.08	$14,108
Aug 2005	0	1,194	61.51	9.80	$11,697
Jul 2005	0	1,232	55.69	7.84	$9,663
Jun 2005	0	1,285	52.33	7.38	$9,485
May 2005	0	1,322	45.22	6.65	$8,793
Apr 2005	0	1,346	49.20	7.36	$9,907
Mar 2005	0	1,560	50.37	7.15	$11,162
Feb 2005	0	1,358	45.22	6.31	$8,572
Jan 2005	0	1,725	43.16	6.32	$10,906
Dec 2004	0	1,594	39.86	6.75	$10,761
Nov 2004	0	1,657	45.28	6.33	$10,490
Oct 2004	0	1,970	49.70	6.52	$12,835
Sep 2004	0	1,207	43.24	5.28	$6,378
Aug 2004	0	834	42.37	5.55	$4,629
Jul 2004	0	1,992	38.28	6.08	$12,120
Jun 2004	0	3,443	36.10	6.43	$22,149
May 2004	0	4,830	37.48	6.49	$31,369
Apr 2004	0	6,405	34.47	5.86	$37,523
Mar 2004	0	6,847	34.36	5.53	$37,865
Feb 2004	0	6,322	32.45	5.51	$34,832
Jan 2004	0	8,668	32.03	6.30	$54,605
Dec 2003	0	13,211	30.26	6.30	$83,251
Nov 2003	0	13,629	28.80	4.60	$62,627
Oct 2003	0	12,786	28.17	4.76	$60,857
Sep 2003	0	1,625	26.31	4.75	$7,718
Aug 2003	0	1,770	29.76	5.13	$9,080
Jul 2003	0	1,824	29.41	5.17	$9,432
Jun 2003	0	1,683	28.56	5.98	$10,069
May 2003	0	1,649	26.59	5.97	$9,849
Apr 2003	0	1,416	26.67	5.41	$7,657
Mar 2003	0	1,960	31.14	6.10	$11,948
Feb 2003	0	1,705	33.48	7.93	$13,514
Jan 2003	0	1,770	30.31	5.58	$9,880
Dec 2002	0	1,804	26.91	4.85	$8,756
Nov 2002	0	2,041	24.66	4.14	$8,444
Oct 2002	0	2,177	26.46	4.23	$9,207
Sep 2002	0	2,171	27.44	3.64	$7,892
Aug 2002	0	2,492	25.96	3.16	$7,885
Jul 2002	0	2,462	24.58	3.06	$7,538
Jun 2002	0	2,269	23.73	3.34	$7,574
May 2002	0	2,663	24.66	3.58	$9,544
Apr 2002	0	3,052	23.65	3.51	$10,720
Mar 2002	0	2,429	22.00	3.10	$7,537
Feb 2002	0	2,738	18.22	2.38	$6,505
Jan 2002	0	3,437	17.17	2.38	$8,165
Dec 2001	0	3,387	16.93	2.36	$8,008
Nov 2001	0	4,712	18.07	2.41	$11,335
Oct 2001	0	2,909	19.78	2.53	$7,357
Sep 2001	0	2,032	24.26	2.25	$4,575
Aug 2001	0	3,583	24.87	3.05	$10,939
Jul 2001	0	3,435	23.93	3.20	$10,982
Jun 2001	0	1,653	24.56	3.82	$6,321
May 2001	0	2,760	25.52	4.31	$11,888
Apr 2001	0	5,829	24.68	5.34	$31,100
Mar 2001	0	3,041	24.54	5.38	$16,350
Feb 2001	0	2,967	27.75	5.77	$17,111
Jan 2001	0	4,486	27.47	8.40	$37,677
Dec 2000	0	5,669	26.88	9.12	$51,715
Nov 2000	0	5,930	32.21	5.66	$33,552
Oct 2000	0	6,162	31.23	5.15	$31,707
Sep 2000	0	6,296	31.87	5.19	$32,654
Aug 2000	0	4,459	29.64	4.54	$20,247
Jul 2000	0	5,232	28.53	4.09	$21,398
Jun 2000	0	5,122	29.30	4.40	$22,523
May 2000	0	5,553	27.26	3.68	$20,434
Apr 2000	0	5,091	24.51	3.12	$15,864
Mar 2000	0	5,993	28.42	2.86	$17,138
Feb 2000	0	5,718	27.62	2.73	$15,590
Jan 2000	0	6,206	25.27	2.48	$15,394
Dec 1999	0	6,303	24.28	2.42	$15,277
Nov 1999	0	5,630	23.19	2.43	$13,703
Oct 1999	0	5,096	20.98	2.80	$14,288
Sep 1999	0	0	21.75	2.62	$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             5 bbl  × $ 45.35 =       $227
Gas                  123 Mcf  × $  2.69 =       $330

────────────────────────────────────────────────────
Month total                                     $557

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/174694 is the state's own key, not one this site invented.