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 181145District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.9 M
Jan 2001 – Jul 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
223
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 Gas112001-04-24143740
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
CondensateDisposition96 bbl$7,690
GasProduction365,759 Mcf$1,871,517
Total$1,879,207

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 28.0381, -99.8855. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.03813, -99.88555 · 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
18.5 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
Jan 2001
1 of 1 wells
Plug dates filed
Jul 2019
1 of 1 wells

Last completion to plug: a median of 18.5 years across the 1 well that filed both dates, with the middle half between 18.5 years and 18.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793765313185,450 ftJan 2001Jul 2019Yes

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 (223)

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

223 months

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 2016514145.352.69$605
May 2016063442.521.99$1,262
Apr 2016064136.561.99$1,276
Mar 2016050933.011.79$913
Feb 2016058126.472.06$1,199
Jan 2016072327.352.36$1,709
Dec 2015567932.362.00$1,521
Nov 2015056438.792.17$1,222
Oct 2015089243.552.43$2,165
Sep 2015091642.992.76$2,527
Aug 2015086440.162.87$2,482
Jul 2015692748.152.95$3,019
Jun 2015081356.152.88$2,344
May 2015082155.212.96$2,426
Apr 201501,06949.822.71$2,893
Mar 2015594042.892.93$2,973
Feb 2015081844.662.98$2,435
Jan 2015560843.433.10$2,102
Dec 2014081054.693.59$2,909
Nov 201401,08870.464.25$4,626
Oct 2014488678.303.90$3,769
Sep 2014079886.164.05$3,228
Aug 2014084189.394.04$3,394
Jul 2014482096.564.18$3,814
Jun 2014077798.164.74$3,681
May 2014088394.734.73$4,174
Apr 2014588195.944.81$4,717
Mar 201401,06995.895.06$5,406
Feb 201451,07897.406.19$7,162
Jan 201401,07390.404.86$5,216
Dec 201341,00691.824.35$4,748
Nov 2013095988.853.74$3,585
Oct 2013488297.423.78$3,723
Sep 201341,134104.113.72$4,632
Aug 201301,320104.253.52$4,650
Jul 201301,409102.523.72$5,238
Jun 201301,22194.403.93$4,803
May 201341,10194.834.15$4,947
Apr 201301,04493.964.28$4,471
Mar 201341,03193.623.91$4,409
Feb 2013093891.233.42$3,208
Jan 201341,09691.603.42$4,115
Dec 201201,12886.773.42$3,858
Nov 201241,05486.953.62$4,169
Oct 201201,13989.383.40$3,872
Sep 2012096294.672.92$2,808
Aug 2012499292.662.91$3,256
Jul 201221,02385.133.02$3,261
Jun 201201,00779.822.52$2,537
May 201241,03491.612.49$2,939
Apr 201201,054101.652.00$2,105
Mar 201231,139105.052.22$2,846
Feb 20120765101.102.57$1,966
Jan 2012383598.092.73$2,577
Dec 2011367796.873.24$2,484
Nov 2011288295.723.31$3,112
Oct 2011069784.983.65$2,543
Sep 2011085183.623.99$3,392
Aug 2011140983.404.15$1,780
Jul 2011048794.144.52$2,200
Jun 2011173092.904.64$3,480
May 2011145698.134.40$2,107
Apr 20110471105.964.33$2,041
Mar 2011038696.364.06$1,566
Feb 2011036685.644.18$1,530
Jan 2011044186.504.59$2,024
Dec 2010049985.734.35$2,170
Nov 2010050780.843.80$1,924
Oct 2010038978.103.51$1,365
Sep 2010042172.633.98$1,675
Aug 2010047373.684.42$2,090
Jul 2010041972.554.74$1,985
Jun 2010028570.364.91$1,399
May 2010026771.124.24$1,131
Apr 2010025381.694.12$1,043
Mar 2010025378.394.39$1,110
Feb 2010073873.585.44$4,016
Jan 201001,03974.365.96$6,197
Dec 200901,04671.445.48$5,736
Nov 2009036174.593.75$1,354
Oct 2009035472.544.11$1,455
Sep 2009051565.543.06$1,578
Aug 2009020067.423.22$644
Jul 2009049861.133.46$1,725
Jun 2009051966.163.90$2,022
May 2009052454.743.93$2,057
Apr 2009051046.773.59$1,830
Mar 2009055842.144.06$2,265
Feb 2009054132.814.63$2,506
Jan 2009072135.865.37$3,872
Dec 2008076237.105.98$4,555
Nov 2008081555.496.86$5,591
Oct 200801,04775.246.92$7,247
Sep 20080999101.767.88$7,869
Aug 20080745114.228.48$6,320
Jul 20080752131.0811.39$8,565
Jun 20080818131.3313.03$10,661
May 200801,213123.1711.57$14,040
Apr 200801,197110.3110.45$12,514
Mar 200801,336101.909.66$12,911
Feb 200801,21292.538.77$10,630
Jan 200801,94290.388.21$15,936
Dec 200702,47888.337.30$18,094
Nov 200702,26591.677.29$16,516
Oct 200702,32982.856.92$16,121
Sep 200702,12675.846.24$13,275
Aug 200702,27069.066.39$14,501
Jul 200702,33770.906.39$14,929
Jun 200702,22962.007.55$16,826
May 200702,43558.747.85$19,106
Apr 200702,55759.617.81$19,958
Mar 200702,40856.927.30$17,583
Feb 200702,21055.108.22$18,157
Jan 200702,46350.306.73$16,568
Dec 200602,62356.656.92$18,147
Nov 200602,14854.207.62$16,362
Oct 200601,84954.906.01$11,120
Sep 200601,83760.085.04$9,253
Aug 200601,89368.717.34$13,894
Jul 200602,02869.376.34$12,863
Jun 200602,04966.286.38$13,081
May 200602,02766.016.42$13,023
Apr 200602,07364.397.36$15,258
Mar 200602,17756.707.08$15,420
Feb 200601,92057.597.75$14,882
Jan 200601,86860.598.93$16,687
Dec 200502,04154.9413.42$27,381
Nov 200501,98354.6910.59$20,997
Oct 200502,12158.3413.80$29,261
Sep 200502,26661.4512.08$27,371
Aug 200502,30461.519.80$22,572
Jul 200502,33855.697.84$18,338
Jun 200502,41252.337.38$17,803
May 200502,51445.226.65$16,721
Apr 200502,34149.207.36$17,231
Mar 200502,54250.377.15$18,188
Feb 200502,06445.226.31$13,028
Jan 200502,21143.166.32$13,978
Dec 200402,26039.866.75$15,257
Nov 200402,21145.286.33$13,997
Oct 200402,22849.706.52$14,516
Sep 200402,32943.245.28$12,306
Aug 200402,26842.375.55$12,589
Jul 200402,45538.286.08$14,937
Jun 200402,29036.106.43$14,732
May 200402,35637.486.49$15,301
Apr 200402,37234.475.86$13,896
Mar 200402,44134.365.53$13,499
Feb 200402,51232.455.51$13,840
Jan 200402,96432.036.30$18,672
Dec 200302,48730.266.30$15,672
Nov 200302,80728.804.60$12,899
Oct 200302,95928.174.76$14,084
Sep 200302,87826.314.75$13,669
Aug 200302,86229.765.13$14,681
Jul 200303,16829.415.17$16,381
Jun 200303,32228.565.98$19,875
May 200303,31326.595.97$19,787
Apr 200302,75926.675.41$14,919
Mar 200303,70331.146.10$22,574
Feb 200303,19533.487.93$25,323
Jan 200303,84530.315.58$21,463
Dec 200203,67426.914.85$17,833
Nov 200204,17424.664.14$17,268
Oct 200204,15226.464.23$17,559
Sep 200204,21127.443.64$15,308
Aug 200204,52225.963.16$14,308
Jul 200204,58924.583.06$14,050
Jun 200204,75823.733.34$15,883
May 200205,17624.663.58$18,551
Apr 200204,93723.653.51$17,340
Mar 200204,49122.003.10$13,934
Feb 200204,00318.222.38$9,510
Jan 200204,45817.172.38$10,591
Dec 200106,49716.932.36$15,362
Nov 200106,76918.072.41$16,283
Oct 200107,08619.782.53$17,920
Sep 200106,94824.262.25$15,642
Aug 200107,78924.873.05$23,781
Jul 200108,23923.933.20$26,341
Jun 200108,76124.563.82$33,503
May 200108,73625.524.31$37,629
Apr 200108,58224.685.34$45,788
Mar 200109,64824.545.38$51,872
Feb 200106,84127.755.77$39,453
Jan 20010027.478.40$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                  141 Mcf  × $  2.69 =       $379

────────────────────────────────────────────────────
Month total                                     $605

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/181145 is the state's own key, not one this site invented.