PETTY, O. S.

Name: PETTY, O. S. lease production and value, Oct 2000 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 179829District 04Field 355665002 tax incentive programmesCondensateGasSave Export

Value, all time

$1.7 M

Oct 2000 – Sep 2017

Value, last 12 filed months

at the published price for each month

Months reported

204

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	2002-02-15	143976
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	381 bbl	$13,539
Gas	Production	309,383 Mcf	$1,681,658
Total			$1,695,197

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 28.0767, -99.8777. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.07673, -99.87770 · 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

5,775 ft

1 wells filed one

Completion to plug

16.9 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 5,775 ft.

Completions filed

Oct 2000

1 of 1 wells

Plug dates filed

Sep 2017

1 of 1 wells

Last completion to plug: a median of 16.9 years across the 1 well that filed both dates, with the middle half between 16.9 years and 16.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47932458	2016	5,775 ft	Oct 2000	Sep 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 (204)

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

204 months


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	178	45.35	2.69	$705
May 2016	0	554	42.52	1.99	$1,103
Apr 2016	0	679	36.56	1.99	$1,352
Mar 2016	5	520	33.01	1.79	$1,098
Feb 2016	0	495	26.47	2.06	$1,022
Jan 2016	0	600	27.35	2.36	$1,419
Dec 2015	0	625	32.36	2.00	$1,251
Nov 2015	0	590	38.79	2.17	$1,279
Oct 2015	0	572	43.55	2.43	$1,388
Sep 2015	0	475	42.99	2.76	$1,310
Aug 2015	4	547	40.16	2.87	$1,732
Jul 2015	0	500	48.15	2.95	$1,473
Jun 2015	0	676	56.15	2.88	$1,949
May 2015	0	610	55.21	2.96	$1,803
Apr 2015	0	542	49.82	2.71	$1,467
Mar 2015	0	610	42.89	2.93	$1,790
Feb 2015	4	564	44.66	2.98	$1,857
Jan 2015	4	396	43.43	3.10	$1,402
Dec 2014	0	447	54.69	3.59	$1,605
Nov 2014	0	549	70.46	4.25	$2,334
Oct 2014	0	736	78.30	3.90	$2,871
Sep 2014	0	641	86.16	4.05	$2,593
Aug 2014	3	555	89.39	4.04	$2,508
Jul 2014	0	769	96.56	4.18	$3,214
Jun 2014	0	730	98.16	4.74	$3,458
May 2014	0	842	94.73	4.73	$3,980
Apr 2014	5	801	95.94	4.81	$4,332
Mar 2014	0	824	95.89	5.06	$4,167
Feb 2014	4	685	97.40	6.19	$4,631
Jan 2014	0	759	90.40	4.86	$3,689
Dec 2013	5	897	91.82	4.35	$4,365
Nov 2013	0	781	88.85	3.74	$2,920
Oct 2013	0	637	97.42	3.78	$2,407
Sep 2013	0	700	104.11	3.72	$2,602
Aug 2013	0	852	104.25	3.52	$3,001
Jul 2013	0	902	102.52	3.72	$3,353
Jun 2013	0	933	94.40	3.93	$3,670
May 2013	0	976	94.83	4.15	$4,050
Apr 2013	0	898	93.96	4.28	$3,846
Mar 2013	0	943	93.62	3.91	$3,690
Feb 2013	4	867	91.23	3.42	$3,330
Jan 2013	0	968	91.60	3.42	$3,310
Dec 2012	0	958	86.77	3.42	$3,277
Nov 2012	0	898	86.95	3.62	$3,255
Oct 2012	5	925	89.38	3.40	$3,592
Sep 2012	0	818	94.67	2.92	$2,387
Aug 2012	0	904	92.66	2.91	$2,629
Jul 2012	0	866	85.13	3.02	$2,616
Jun 2012	0	882	79.82	2.52	$2,222
May 2012	0	850	91.61	2.49	$2,115
Apr 2012	0	908	101.65	2.00	$1,813
Mar 2012	4	886	105.05	2.22	$2,389
Feb 2012	0	1,269	101.10	2.57	$3,262
Jan 2012	0	810	98.09	2.73	$2,215
Dec 2011	0	889	96.87	3.24	$2,880
Nov 2011	4	735	95.72	3.31	$2,817
Oct 2011	0	753	84.98	3.65	$2,747
Sep 2011	0	1,246	83.62	3.99	$4,966
Aug 2011	0	1,053	83.40	4.15	$4,369
Jul 2011	0	627	94.14	4.52	$2,832
Jun 2011	0	1,569	92.90	4.64	$7,280
May 2011	0	1,733	98.13	4.40	$7,634
Apr 2011	0	908	105.96	4.33	$3,935
Mar 2011	2	1,161	96.36	4.06	$4,903
Feb 2011	0	868	85.64	4.18	$3,628
Jan 2011	0	906	86.50	4.59	$4,157
Dec 2010	0	777	85.73	4.35	$3,378
Nov 2010	0	923	80.84	3.80	$3,503
Oct 2010	0	1,034	78.10	3.51	$3,628
Sep 2010	0	886	72.63	3.98	$3,526
Aug 2010	0	1,198	73.68	4.42	$5,294
Jul 2010	0	603	72.55	4.74	$2,856
Jun 2010	1	612	70.36	4.91	$3,076
May 2010	0	969	71.12	4.24	$4,104
Apr 2010	0	946	81.69	4.12	$3,900
Mar 2010	0	1,072	78.39	4.39	$4,705
Feb 2010	0	757	73.58	5.44	$4,120
Jan 2010	0	799	74.36	5.96	$4,765
Dec 2009	0	792	71.44	5.48	$4,343
Nov 2009	0	873	74.59	3.75	$3,275
Oct 2009	0	969	72.54	4.11	$3,983
Sep 2009	0	969	65.54	3.06	$2,970
Aug 2009	0	1,088	67.42	3.22	$3,502
Jul 2009	0	1,201	61.13	3.46	$4,161
Jun 2009	0	1,287	66.16	3.90	$5,013
May 2009	0	1,579	54.74	3.93	$6,199
Apr 2009	0	1,172	46.77	3.59	$4,205
Mar 2009	2	1,085	42.14	4.06	$4,488
Feb 2009	6	1,063	32.81	4.63	$5,122
Jan 2009	6	1,163	35.86	5.37	$6,462
Dec 2008	0	1,172	37.10	5.98	$7,005
Nov 2008	0	907	55.49	6.86	$6,222
Oct 2008	0	1,302	75.24	6.92	$9,012
Sep 2008	0	1,239	101.76	7.88	$9,760
Aug 2008	0	1,207	114.22	8.48	$10,239
Jul 2008	0	1,257	131.08	11.39	$14,317
Jun 2008	0	1,141	131.33	13.03	$14,870
May 2008	0	1,327	123.17	11.57	$15,359
Apr 2008	0	1,183	110.31	10.45	$12,368
Mar 2008	0	1,392	101.90	9.66	$13,452
Feb 2008	0	1,366	92.53	8.77	$11,981
Jan 2008	0	1,384	90.38	8.21	$11,357
Dec 2007	0	1,548	88.33	7.30	$11,303
Nov 2007	0	1,450	91.67	7.29	$10,573
Oct 2007	0	1,313	82.85	6.92	$9,089
Sep 2007	0	1,304	75.84	6.24	$8,142
Aug 2007	0	1,531	69.06	6.39	$9,780
Jul 2007	0	1,376	70.90	6.39	$8,790
Jun 2007	0	1,480	62.00	7.55	$11,172
May 2007	0	1,310	58.74	7.85	$10,279
Apr 2007	0	1,373	59.61	7.81	$10,717
Mar 2007	0	1,397	56.92	7.30	$10,201
Feb 2007	0	1,233	55.10	8.22	$10,130
Jan 2007	0	1,368	50.30	6.73	$9,202
Dec 2006	0	1,381	56.65	6.92	$9,554
Nov 2006	0	1,305	54.20	7.62	$9,941
Oct 2006	0	1,471	54.90	6.01	$8,846
Sep 2006	0	1,253	60.08	5.04	$6,312
Aug 2006	0	1,293	68.71	7.34	$9,491
Jul 2006	0	1,166	69.37	6.34	$7,396
Jun 2006	0	1,378	66.28	6.38	$8,797
May 2006	0	1,436	66.01	6.42	$9,226
Apr 2006	0	1,453	64.39	7.36	$10,695
Mar 2006	0	1,709	56.70	7.08	$12,105
Feb 2006	0	1,814	57.59	7.75	$14,061
Jan 2006	0	1,651	60.59	8.93	$14,749
Dec 2005	0	1,859	54.94	13.42	$24,939
Nov 2005	0	1,909	54.69	10.59	$20,213
Oct 2005	0	1,907	58.34	13.80	$26,309
Sep 2005	0	1,859	61.45	12.08	$22,455
Aug 2005	0	1,928	61.51	9.80	$18,888
Jul 2005	0	1,688	55.69	7.84	$13,240
Jun 2005	0	1,582	52.33	7.38	$11,677
May 2005	0	1,891	45.22	6.65	$12,577
Apr 2005	0	1,749	49.20	7.36	$12,873
Mar 2005	0	1,752	50.37	7.15	$12,535
Feb 2005	0	1,727	45.22	6.31	$10,901
Jan 2005	0	1,820	43.16	6.32	$11,506
Dec 2004	0	1,841	39.86	6.75	$12,429
Nov 2004	0	1,632	45.28	6.33	$10,331
Oct 2004	0	2,156	49.70	6.52	$14,047
Sep 2004	0	1,704	43.24	5.28	$9,004
Aug 2004	0	2,164	42.37	5.55	$12,012
Jul 2004	0	2,490	38.28	6.08	$15,150
Jun 2004	0	2,489	36.10	6.43	$16,012
May 2004	0	2,603	37.48	6.49	$16,905
Apr 2004	0	2,409	34.47	5.86	$14,113
Mar 2004	0	2,717	34.36	5.53	$15,025
Feb 2004	0	2,417	32.45	5.51	$13,317
Jan 2004	0	2,809	32.03	6.30	$17,696
Dec 2003	0	2,595	30.26	6.30	$16,353
Nov 2003	0	2,690	28.80	4.60	$12,361
Oct 2003	0	2,836	28.17	4.76	$13,498
Sep 2003	0	2,699	26.31	4.75	$12,819
Aug 2003	0	2,848	29.76	5.13	$14,609
Jul 2003	0	2,970	29.41	5.17	$15,357
Jun 2003	0	2,777	28.56	5.98	$16,615
May 2003	0	2,118	26.59	5.97	$12,650
Apr 2003	0	1,591	26.67	5.41	$8,603
Mar 2003	0	1,761	31.14	6.10	$10,735
Feb 2003	0	2,066	33.48	7.93	$16,375
Jan 2003	0	2,062	30.31	5.58	$11,510
Dec 2002	0	2,267	26.91	4.85	$11,003
Nov 2002	0	2,229	24.66	4.14	$9,221
Oct 2002	0	2,207	26.46	4.23	$9,334
Sep 2002	0	2,530	27.44	3.64	$9,197
Aug 2002	0	2,505	25.96	3.16	$7,926
Jul 2002	0	1,989	24.58	3.06	$6,090
Jun 2002	0	2,547	23.73	3.34	$8,503
May 2002	0	2,768	24.66	3.58	$9,921
Apr 2002	0	2,967	23.65	3.51	$10,421
Mar 2002	0	2,773	22.00	3.10	$8,604
Feb 2002	0	2,673	18.22	2.38	$6,350
Jan 2002	0	3,606	17.17	2.38	$8,567
Dec 2001	0	3,408	16.93	2.36	$8,058
Nov 2001	0	3,737	18.07	2.41	$8,989
Oct 2001	0	3,923	19.78	2.53	$9,921
Sep 2001	0	3,701	24.26	2.25	$8,332
Aug 2001	0	3,922	24.87	3.05	$11,974
Jul 2001	0	3,789	23.93	3.20	$12,114
Jun 2001	0	3,914	24.56	3.82	$14,968
May 2001	1	4,509	25.52	4.31	$19,447
Apr 2001	5	4,888	24.68	5.34	$26,202
Mar 2001	14	6,363	24.54	5.38	$34,554
Feb 2001	52	5,924	27.75	5.77	$35,607
Jan 2001	72	6,865	27.47	8.40	$59,635
Dec 2000	96	7,994	26.88	9.12	$75,506
Nov 2000	47	9,948	32.21	5.66	$57,800
Oct 2000	21	2,788	31.23	5.15	$15,001

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                  178 Mcf  × $  2.69 =       $478

────────────────────────────────────────────────────
Month total                                     $705

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/179829 is the state's own key, not one this site invented.