PETTY RANCH

Name: PETTY RANCH lease production and value, Oct 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 175059District 04Field 355665002 tax incentive programmesCondensateGasSave Export

Value, all time

$1.1 M

Oct 1999 – Aug 2017

Value, last 12 filed months

at the published price for each month

Months reported

215

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	2001-04-05	143333
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	47 bbl	$3,149
Gas	Production	223,152 Mcf	$1,141,445
Total			$1,144,593

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 28.1022, -99.8347. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.10219, -99.83466 · 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

5,750 ft

1 wells filed one

Completion to plug

17.8 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 5,750 ft.

Completions filed

Oct 1999

1 of 1 wells

Plug dates filed

Aug 2017

1 of 1 wells

Last completion to plug: a median of 17.8 years across the 1 well that filed both dates, with the middle half between 17.8 years and 17.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47905011	A 3	5,750 ft	Oct 1999	Aug 2017	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 (215)

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

215 months


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	3	91	45.35	2.69	$380
May 2016	0	452	42.52	1.99	$900
Apr 2016	0	415	36.56	1.99	$826
Mar 2016	4	396	33.01	1.79	$842
Feb 2016	0	319	26.47	2.06	$658
Jan 2016	0	332	27.35	2.36	$785
Dec 2015	0	467	32.36	2.00	$935
Nov 2015	0	561	38.79	2.17	$1,216
Oct 2015	0	691	43.55	2.43	$1,677
Sep 2015	0	684	42.99	2.76	$1,887
Aug 2015	5	778	40.16	2.87	$2,436
Jul 2015	0	859	48.15	2.95	$2,530
Jun 2015	0	833	56.15	2.88	$2,401
May 2015	0	647	55.21	2.96	$1,912
Apr 2015	0	477	49.82	2.71	$1,291
Mar 2015	0	650	42.89	2.93	$1,908
Feb 2015	5	731	44.66	2.98	$2,399
Jan 2015	7	680	43.43	3.10	$2,412
Dec 2014	0	845	54.69	3.59	$3,035
Nov 2014	0	815	70.46	4.25	$3,465
Oct 2014	0	748	78.30	3.90	$2,918
Sep 2014	0	612	86.16	4.05	$2,476
Aug 2014	4	745	89.39	4.04	$3,364
Jul 2014	0	492	96.56	4.18	$2,056
Jun 2014	0	505	98.16	4.74	$2,392
May 2014	0	606	94.73	4.73	$2,864
Apr 2014	4	594	95.94	4.81	$3,240
Mar 2014	0	652	95.89	5.06	$3,297
Feb 2014	3	442	97.40	6.19	$3,029
Jan 2014	0	343	90.40	4.86	$1,667
Dec 2013	1	272	91.82	4.35	$1,276
Nov 2013	0	262	88.85	3.74	$979
Oct 2013	0	254	97.42	3.78	$960
Sep 2013	0	177	104.11	3.72	$658
Aug 2013	0	217	104.25	3.52	$764
Jul 2013	0	210	102.52	3.72	$781
Jun 2013	0	158	94.40	3.93	$621
May 2013	0	142	94.83	4.15	$589
Apr 2013	0	139	93.96	4.28	$595
Mar 2013	0	137	93.62	3.91	$536
Feb 2013	1	139	91.23	3.42	$567
Jan 2013	0	160	91.60	3.42	$547
Dec 2012	0	166	86.77	3.42	$568
Nov 2012	0	173	86.95	3.62	$627
Oct 2012	1	189	89.38	3.40	$732
Sep 2012	0	136	94.67	2.92	$397
Aug 2012	0	113	92.66	2.91	$329
Jul 2012	0	112	85.13	3.02	$338
Jun 2012	0	118	79.82	2.52	$297
May 2012	0	134	91.61	2.49	$333
Apr 2012	0	169	101.65	2.00	$337
Mar 2012	1	144	105.05	2.22	$425
Feb 2012	0	1,403	101.10	2.57	$3,606
Jan 2012	0	1,311	98.09	2.73	$3,584
Dec 2011	0	1,115	96.87	3.24	$3,612
Nov 2011	5	1,206	95.72	3.31	$4,472
Oct 2011	0	1,200	84.98	3.65	$4,378
Sep 2011	0	250	83.62	3.99	$996
Aug 2011	0	1,013	83.40	4.15	$4,203
Jul 2011	0	1,594	94.14	4.52	$7,200
Jun 2011	0	477	92.90	4.64	$2,213
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	897	105.96	4.33	$3,887
Mar 2011	2	1,282	96.36	4.06	$5,394
Feb 2011	0	580	85.64	4.18	$2,424
Jan 2011	0	1,391	86.50	4.59	$6,383
Dec 2010	0	640	85.73	4.35	$2,783
Nov 2010	0	487	80.84	3.80	$1,848
Oct 2010	0	611	78.10	3.51	$2,144
Sep 2010	0	606	72.63	3.98	$2,412
Aug 2010	0	1,017	73.68	4.42	$4,494
Jul 2010	0	795	72.55	4.74	$3,766
Jun 2010	1	676	70.36	4.91	$3,390
May 2010	0	789	71.12	4.24	$3,342
Apr 2010	0	714	81.69	4.12	$2,944
Mar 2010	0	642	78.39	4.39	$2,818
Feb 2010	0	652	73.58	5.44	$3,548
Jan 2010	0	756	74.36	5.96	$4,509
Dec 2009	0	857	71.44	5.48	$4,700
Nov 2009	0	749	74.59	3.75	$2,810
Oct 2009	0	647	72.54	4.11	$2,659
Sep 2009	0	757	65.54	3.06	$2,320
Aug 2009	0	502	67.42	3.22	$1,616
Jul 2009	0	600	61.13	3.46	$2,079
Jun 2009	0	936	66.16	3.90	$3,646
May 2009	0	1,124	54.74	3.93	$4,413
Apr 2009	0	870	46.77	3.59	$3,121
Mar 2009	0	759	42.14	4.06	$3,081
Feb 2009	0	828	32.81	4.63	$3,836
Jan 2009	0	807	35.86	5.37	$4,334
Dec 2008	0	683	37.10	5.98	$4,082
Nov 2008	0	706	55.49	6.86	$4,843
Oct 2008	0	720	75.24	6.92	$4,984
Sep 2008	0	742	101.76	7.88	$5,845
Aug 2008	0	823	114.22	8.48	$6,982
Jul 2008	0	695	131.08	11.39	$7,916
Jun 2008	0	667	131.33	13.03	$8,693
May 2008	0	976	123.17	11.57	$11,297
Apr 2008	0	915	110.31	10.45	$9,566
Mar 2008	0	1,004	101.90	9.66	$9,703
Feb 2008	0	1,060	92.53	8.77	$9,297
Jan 2008	0	1,288	90.38	8.21	$10,569
Dec 2007	0	1,091	88.33	7.30	$7,966
Nov 2007	0	957	91.67	7.29	$6,978
Oct 2007	0	1,120	82.85	6.92	$7,753
Sep 2007	0	1,046	75.84	6.24	$6,531
Aug 2007	0	1,049	69.06	6.39	$6,701
Jul 2007	0	2,074	70.90	6.39	$13,249
Jun 2007	0	1,317	62.00	7.55	$9,941
May 2007	0	1,698	58.74	7.85	$13,323
Apr 2007	0	1,673	59.61	7.81	$13,058
Mar 2007	0	1,489	56.92	7.30	$10,873
Feb 2007	0	1,371	55.10	8.22	$11,264
Jan 2007	0	1,427	50.30	6.73	$9,599
Dec 2006	0	1,582	56.65	6.92	$10,945
Nov 2006	0	1,586	54.20	7.62	$12,081
Oct 2006	0	1,807	54.90	6.01	$10,867
Sep 2006	0	1,837	60.08	5.04	$9,253
Aug 2006	0	1,939	68.71	7.34	$14,232
Jul 2006	0	2,373	69.37	6.34	$15,051
Jun 2006	0	1,285	66.28	6.38	$8,203
May 2006	0	966	66.01	6.42	$6,207
Apr 2006	0	1,028	64.39	7.36	$7,567
Mar 2006	0	996	56.70	7.08	$7,055
Feb 2006	0	1,030	57.59	7.75	$7,984
Jan 2006	0	1,053	60.59	8.93	$9,407
Dec 2005	0	1,075	54.94	13.42	$14,422
Nov 2005	0	1,259	54.69	10.59	$13,331
Oct 2005	0	1,265	58.34	13.80	$17,452
Sep 2005	0	1,317	61.45	12.08	$15,908
Aug 2005	0	1,285	61.51	9.80	$12,589
Jul 2005	0	1,223	55.69	7.84	$9,593
Jun 2005	0	1,017	52.33	7.38	$7,507
May 2005	0	944	45.22	6.65	$6,279
Apr 2005	0	859	49.20	7.36	$6,323
Mar 2005	0	1,031	50.37	7.15	$7,377
Feb 2005	0	1,045	45.22	6.31	$6,596
Jan 2005	0	933	43.16	6.32	$5,899
Dec 2004	0	938	39.86	6.75	$6,333
Nov 2004	0	1,006	45.28	6.33	$6,368
Oct 2004	0	1,015	49.70	6.52	$6,613
Sep 2004	0	1,161	43.24	5.28	$6,135
Aug 2004	0	1,282	42.37	5.55	$7,116
Jul 2004	0	973	38.28	6.08	$5,920
Jun 2004	0	907	36.10	6.43	$5,835
May 2004	0	853	37.48	6.49	$5,540
Apr 2004	0	1,001	34.47	5.86	$5,864
Mar 2004	0	1,040	34.36	5.53	$5,751
Feb 2004	0	1,057	32.45	5.51	$5,824
Jan 2004	0	1,072	32.03	6.30	$6,753
Dec 2003	0	859	30.26	6.30	$5,413
Nov 2003	0	1,092	28.80	4.60	$5,018
Oct 2003	0	1,310	28.17	4.76	$6,235
Sep 2003	0	1,245	26.31	4.75	$5,913
Aug 2003	0	1,251	29.76	5.13	$6,417
Jul 2003	0	664	29.41	5.17	$3,433
Jun 2003	0	1,129	28.56	5.98	$6,755
May 2003	0	903	26.59	5.97	$5,393
Apr 2003	0	517	26.67	5.41	$2,796
Mar 2003	0	958	31.14	6.10	$5,840
Feb 2003	0	1,491	33.48	7.93	$11,817
Jan 2003	0	1,694	30.31	5.58	$9,456
Dec 2002	0	1,942	26.91	4.85	$9,426
Nov 2002	0	2,043	24.66	4.14	$8,452
Oct 2002	0	1,115	26.46	4.23	$4,715
Sep 2002	0	788	27.44	3.64	$2,865
Aug 2002	0	1,455	25.96	3.16	$4,604
Jul 2002	0	1,899	24.58	3.06	$5,814
Jun 2002	0	1,402	23.73	3.34	$4,680
May 2002	0	1,555	24.66	3.58	$5,573
Apr 2002	0	1,997	23.65	3.51	$7,014
Mar 2002	0	1,534	22.00	3.10	$4,760
Feb 2002	0	1,216	18.22	2.38	$2,889
Jan 2002	0	1,795	17.17	2.38	$4,264
Dec 2001	0	1,679	16.93	2.36	$3,970
Nov 2001	0	1,623	18.07	2.41	$3,904
Oct 2001	0	1,340	19.78	2.53	$3,389
Sep 2001	0	1,106	24.26	2.25	$2,490
Aug 2001	0	2,494	24.87	3.05	$7,615
Jul 2001	0	1,641	23.93	3.20	$5,246
Jun 2001	0	190	24.56	3.82	$727
May 2001	0	494	25.52	4.31	$2,128
Apr 2001	0	1,574	24.68	5.34	$8,398
Mar 2001	0	2,213	24.54	5.38	$11,898
Feb 2001	0	1,709	27.75	5.77	$9,856
Jan 2001	0	2,260	27.47	8.40	$18,981
Dec 2000	0	2,293	26.88	9.12	$20,918
Nov 2000	0	2,625	32.21	5.66	$14,852
Oct 2000	0	3,292	31.23	5.15	$16,939
Sep 2000	0	3,288	31.87	5.19	$17,053
Aug 2000	0	3,960	29.64	4.54	$17,981
Jul 2000	0	3,776	28.53	4.09	$15,443
Jun 2000	0	3,721	29.30	4.40	$16,362
May 2000	0	3,264	27.26	3.68	$12,011
Apr 2000	0	3,230	24.51	3.12	$10,065
Mar 2000	0	3,279	28.42	2.86	$9,377
Feb 2000	0	3,081	27.62	2.73	$8,400
Jan 2000	0	3,521	25.27	2.48	$8,734
Dec 1999	0	4,253	24.28	2.42	$10,308
Nov 1999	0	6,322	23.19	2.43	$15,388
Oct 1999	0	716	20.98	2.80	$2,007

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             3 bbl  × $ 45.35 =       $136
Gas                   91 Mcf  × $  2.69 =       $244

────────────────────────────────────────────────────
Month total                                     $380

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/175059 is the state's own key, not one this site invented.