PETTY RANCH

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 176726District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.2 M
Mar 2000 – Jun 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
256
no gaps in the span
Streams
2
condensate, gas

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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112001-03-30143598
NGPA1none

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.

StreamBasisVolumeValue
CondensateDisposition78 bbl$6,624
GasProduction231,956 Mcf$1,166,208
Total$1,172,831

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 28.0549, -99.8897. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.05488, -99.88971 · centre of the wells drawn, derived

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
5,450 ft
1 wells filed one
Completion to plug
21.3 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 5,450 ft.

Completions filed
Mar 2000
1 of 1 wells
Plug dates filed
Jun 2021
1 of 1 wells

Last completion to plug: a median of 21.3 years across the 1 well that filed both dates, with the middle half between 21.3 years and 21.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793739080215,450 ftMar 2000Jun 2021Yes

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 (256)

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

256 months

Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 201626945.352.69$276
May 2016038142.521.99$759
Apr 2016042736.561.99$850
Mar 2016038033.011.79$682
Feb 2016038426.472.06$792
Jan 2016033527.352.36$792
Dec 2015340832.362.00$914
Nov 2015051138.792.17$1,108
Oct 2015055743.552.43$1,352
Sep 2015056942.992.76$1,570
Aug 2015041940.162.87$1,204
Jul 2015232448.152.95$1,051
Jun 2015023356.152.88$672
May 2015038655.212.96$1,141
Apr 2015041949.822.71$1,134
Mar 2015345642.892.93$1,467
Feb 2015048144.662.98$1,432
Jan 2015340943.433.10$1,398
Dec 2014051154.693.59$1,835
Nov 2014063270.464.25$2,687
Oct 2014470378.303.90$3,056
Sep 2014076786.164.05$3,103
Aug 2014084489.394.04$3,406
Jul 2014481496.564.18$3,788
Jun 2014080598.164.74$3,813
May 2014088894.734.73$4,197
Apr 2014490195.944.81$4,717
Mar 2014093395.895.06$4,718
Feb 2014475397.406.19$5,052
Jan 201401,08090.404.86$5,250
Dec 2013382991.824.35$3,885
Nov 2013082788.853.74$3,092
Oct 2013378097.423.78$3,240
Sep 20133821104.113.72$3,365
Aug 20130678104.253.52$2,388
Jul 20130578102.523.72$2,149
Jun 2013075094.403.93$2,950
May 201341,10394.834.15$4,956
Apr 201301,05093.964.28$4,497
Mar 2013499793.623.91$4,276
Feb 2013093891.233.42$3,208
Jan 201341,09291.603.42$4,101
Dec 201201,12386.773.42$3,841
Nov 201241,05586.953.62$4,172
Oct 201201,11789.383.40$3,797
Sep 2012091794.672.92$2,676
Aug 2012498192.662.91$3,224
Jul 201221,01385.133.02$3,230
Jun 2012097379.822.52$2,451
May 201241,01391.612.49$2,887
Apr 20120958101.652.00$1,913
Mar 201231,120105.052.22$2,804
Feb 20120615101.102.57$1,581
Jan 2012382698.092.73$2,553
Dec 2011275096.873.24$2,624
Nov 2011264395.723.31$2,321
Oct 2011055384.983.65$2,018
Sep 201101,07983.623.99$4,301
Aug 2011267083.404.15$2,947
Jul 2011051394.144.52$2,317
Jun 201111,19592.904.64$5,638
May 2011181598.134.40$3,688
Apr 20110719105.964.33$3,116
Mar 2011047596.364.06$1,927
Feb 2011071385.644.18$2,980
Jan 2011055986.504.59$2,565
Dec 2010013885.734.35$600
Nov 2010065280.843.80$2,475
Oct 2010058778.103.51$2,060
Sep 2010027472.633.98$1,090
Aug 2010060973.684.42$2,691
Jul 2010074372.554.74$3,519
Jun 2010054370.364.91$2,666
May 2010050871.124.24$2,151
Apr 2010048481.694.12$1,995
Mar 2010051078.394.39$2,238
Feb 2010058673.585.44$3,189
Jan 2010071274.365.96$4,246
Dec 2009086371.445.48$4,732
Nov 2009079274.593.75$2,971
Oct 2009078272.544.11$3,214
Sep 2009071565.543.06$2,191
Aug 2009041167.423.22$1,323
Jul 2009039561.133.46$1,368
Jun 2009040366.163.90$1,570
May 2009055354.743.93$2,171
Apr 2009053746.773.59$1,926
Mar 2009048342.144.06$1,961
Feb 2009049832.814.63$2,307
Jan 2009048335.865.37$2,594
Dec 2008052937.105.98$3,162
Nov 2008042355.496.86$2,902
Oct 2008047075.246.92$3,253
Sep 20080672101.767.88$5,293
Aug 20080679114.228.48$5,760
Jul 20080607131.0811.39$6,913
Jun 20080603131.3313.03$7,859
May 20080781123.1711.57$9,040
Apr 20080727110.3110.45$7,601
Mar 20080798101.909.66$7,712
Feb 2008077492.538.77$6,788
Jan 2008088790.388.21$7,278
Dec 2007089388.337.30$6,521
Nov 2007088691.677.29$6,460
Oct 2007084182.856.92$5,821
Sep 2007070375.846.24$4,390
Aug 2007084269.066.39$5,379
Jul 2007098070.906.39$6,260
Jun 2007087762.007.55$6,620
May 2007096158.747.85$7,540
Apr 2007095959.617.81$7,485
Mar 200701,06656.927.30$7,784
Feb 2007099455.108.22$8,167
Jan 200701,13450.306.73$7,628
Dec 200601,10156.656.92$7,617
Nov 200601,06354.207.62$8,097
Oct 200601,09354.906.01$6,573
Sep 2006098160.085.04$4,941
Aug 200601,20168.717.34$8,815
Jul 2006099369.376.34$6,298
Jun 200601,08066.286.38$6,895
May 200601,04366.016.42$6,701
Apr 200601,00864.397.36$7,419
Mar 200601,07856.707.08$7,635
Feb 2006096057.597.75$7,441
Jan 200601,08960.598.93$9,728
Dec 200501,31354.9413.42$17,614
Nov 200501,27954.6910.59$13,543
Oct 200501,25558.3413.80$17,314
Sep 200501,02561.4512.08$12,381
Aug 200501,23961.519.80$12,138
Jul 200501,25855.697.84$9,867
Jun 200501,30952.337.38$9,662
May 200501,30745.226.65$8,693
Apr 200501,37049.207.36$10,084
Mar 200501,41150.377.15$10,096
Feb 200501,24345.226.31$7,846
Jan 200501,43543.166.32$9,072
Dec 200401,27839.866.75$8,628
Nov 200401,34845.286.33$8,533
Oct 200401,41449.706.52$9,212
Sep 200401,34043.245.28$7,080
Aug 200401,10242.375.55$6,117
Jul 2004097038.286.08$5,902
Jun 2004087236.106.43$5,610
May 200401,01337.486.49$6,579
Apr 2004092934.475.86$5,443
Mar 2004097734.365.53$5,403
Feb 2004098232.455.51$5,410
Jan 200401,16232.036.30$7,320
Dec 200301,00930.266.30$6,358
Nov 200301,08828.804.60$5,000
Oct 200301,24528.174.76$5,926
Sep 200301,17526.314.75$5,581
Aug 200301,26729.765.13$6,499
Jul 200301,42729.415.17$7,379
Jun 200301,38628.565.98$8,292
May 200301,09526.595.97$6,540
Apr 200301,40726.675.41$7,608
Mar 200301,24431.146.10$7,583
Feb 200301,16233.487.93$9,210
Jan 200301,25030.315.58$6,978
Dec 200201,08426.914.85$5,261
Nov 200201,20424.664.14$4,981
Oct 200201,20926.464.23$5,113
Sep 200201,33927.443.64$4,868
Aug 200201,11225.963.16$3,519
Jul 200201,30524.583.06$3,996
Jun 200201,50123.733.34$5,011
May 200201,39824.663.58$5,010
Apr 200201,45423.653.51$5,107
Mar 200201,45222.003.10$4,505
Feb 200201,87518.222.38$4,454
Jan 200202,36917.172.38$5,628
Dec 200102,22316.932.36$5,256
Nov 200103,04818.072.41$7,332
Oct 200102,74519.782.53$6,942
Sep 200101,42724.262.25$3,213
Aug 200102,13824.873.05$6,528
Jul 200103,27923.933.20$10,483
Jun 2001034224.563.82$1,308
May 2001047125.524.31$2,029
Apr 200103,21424.685.34$17,148
Mar 200102,62024.545.38$14,086
Feb 200102,04227.755.77$11,776
Jan 200102,67027.478.40$22,425
Dec 200003,54026.889.12$32,294
Nov 200003,87632.215.66$21,930
Oct 200004,20231.235.15$21,621
Sep 200004,31131.875.19$22,359
Aug 200003,86329.644.54$17,541
Jul 200004,37428.534.09$17,889
Jun 200004,70229.304.40$20,676
May 200005,56827.263.68$20,489
Apr 200007,21624.513.12$22,485
Mar 2000010,54328.422.86$30,150

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             2 bbl  × $ 45.35 =        $91
Gas                   69 Mcf  × $  2.69 =       $185

────────────────────────────────────────────────────
Month total                                     $276

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/176726 is the state's own key, not one this site invented.