PETTY RANCH

Operated by ROSETTA RESOURCES OPERATING LP (P-5 728883) 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 181153District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$935 k
Feb 2001 – Jun 2013
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
149
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 Gas112001-04-24143739
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
CondensateDisposition17 bbl$1,610
GasProduction212,584 Mcf$933,722
Total$935,332

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 28.0529, -99.8812. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.05291, -99.88121 · 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
5,491 ft
1 wells filed one
Completion to plug
12.3 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 5,491 ft.

Completions filed
Feb 2001
1 of 1 wells
Plug dates filed
Jun 2013
1 of 1 wells

Last completion to plug: a median of 12.3 years across the 1 well that filed both dates, with the middle half between 12.3 years and 12.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793767610215,491 ftFeb 2001Jun 2013Yes

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 (149)

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

149 months

Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 2012481992.662.91$2,752
Jul 201221,02885.133.02$3,276
Jun 201201,00879.822.52$2,539
May 201241,02291.612.49$2,910
Apr 201201,047101.652.00$2,091
Mar 201231,155105.052.22$2,882
Feb 20120255101.102.57$655
Jan 2012124798.092.73$773
Dec 2011215496.873.24$693
Nov 2011136295.723.31$1,294
Oct 2011028884.983.65$1,051
Sep 2011086183.623.99$3,432
Aug 201106283.404.15$257
Jul 2011010894.144.52$488
Jun 2011076592.904.64$3,550
May 2011015098.134.40$661
Apr 20110164105.964.33$711
Mar 2011022896.364.06$925
Feb 2011016085.644.18$669
Jan 2011021686.504.59$991
Dec 2010025285.734.35$1,096
Nov 2010027180.843.80$1,029
Oct 2010022478.103.51$786
Sep 201007872.633.98$310
Aug 2010018673.684.42$822
Jul 2010019872.554.74$938
Jun 2010015670.364.91$766
May 2010014671.124.24$618
Apr 2010013881.694.12$569
Mar 2010015378.394.39$671
Feb 2010016473.585.44$893
Jan 2010026874.365.96$1,598
Dec 2009027571.445.48$1,508
Nov 2009021174.593.75$792
Oct 20090072.544.11$0
Sep 2009020165.543.06$616
Aug 2009020067.423.22$644
Jul 200907761.133.46$267
Jun 200904066.163.90$156
May 200908354.743.93$326
Apr 2009013546.773.59$484
Mar 2009013442.144.06$544
Feb 2009017532.814.63$811
Jan 2009015835.865.37$849
Dec 2008031837.105.98$1,901
Nov 2008020955.496.86$1,434
Oct 2008015775.246.92$1,087
Sep 20080132101.767.88$1,040
Aug 20080151114.228.48$1,281
Jul 20080181131.0811.39$2,061
Jun 20080189131.3313.03$2,463
May 20080206123.1711.57$2,384
Apr 20080233110.3110.45$2,436
Mar 20080271101.909.66$2,619
Feb 2008019892.538.77$1,737
Jan 2008026590.388.21$2,175
Dec 2007032888.337.30$2,395
Nov 2007019091.677.29$1,385
Oct 2007017582.856.92$1,211
Sep 2007017275.846.24$1,074
Aug 2007017269.066.39$1,099
Jul 2007022570.906.39$1,437
Jun 2007045762.007.55$3,450
May 2007018458.747.85$1,444
Apr 2007024359.617.81$1,897
Mar 2007025756.927.30$1,877
Feb 2007022355.108.22$1,832
Jan 2007017750.306.73$1,191
Dec 2006020156.656.92$1,391
Nov 2006020054.207.62$1,524
Oct 2006018954.906.01$1,137
Sep 2006014660.085.04$735
Aug 2006030068.717.34$2,202
Jul 2006028169.376.34$1,782
Jun 2006052266.286.38$3,332
May 2006072966.016.42$4,684
Apr 2006085264.397.36$6,271
Mar 2006089556.707.08$6,339
Feb 2006071557.597.75$5,542
Jan 2006059860.598.93$5,342
Dec 2005056554.9413.42$7,580
Nov 2005018554.6910.59$1,959
Oct 2005029558.3413.80$4,070
Sep 2005051761.4512.08$6,245
Aug 2005050961.519.80$4,987
Jul 2005030955.697.84$2,424
Jun 2005051252.337.38$3,779
May 2005042245.226.65$2,807
Apr 2005053149.207.36$3,908
Mar 2005046550.377.15$3,327
Feb 2005027645.226.31$1,742
Jan 2005039043.166.32$2,466
Dec 2004029839.866.75$2,012
Nov 2004030445.286.33$1,924
Oct 2004077049.706.52$5,017
Sep 200401,10143.245.28$5,818
Aug 2004089442.375.55$4,962
Jul 2004080738.286.08$4,910
Jun 2004038436.106.43$2,470
May 2004049437.486.49$3,208
Apr 2004050434.475.86$2,953
Mar 2004072934.365.53$4,031
Feb 200405632.455.51$309
Jan 200401,13232.036.30$7,131
Dec 200301,26930.266.30$7,997
Nov 20030028.804.60$0
Oct 2003035628.174.76$1,694
Sep 2003082526.314.75$3,918
Aug 2003054429.765.13$2,791
Jul 2003091729.415.17$4,742
Jun 2003091028.565.98$5,444
May 2003092126.595.97$5,501
Apr 2003082326.675.41$4,450
Mar 200301,01831.146.10$6,206
Feb 200301,92433.487.93$15,249
Jan 200302,12330.315.58$11,851
Dec 200201,81926.914.85$8,829
Nov 200201,86624.664.14$7,720
Oct 200202,19026.464.23$9,262
Sep 200202,52227.443.64$9,168
Aug 200202,26425.963.16$7,164
Jul 200202,53424.583.06$7,759
Jun 200202,91723.733.34$9,738
May 200203,33824.663.58$11,963
Apr 200204,08323.653.51$14,341
Mar 200203,88622.003.10$12,057
Feb 200204,81518.222.38$11,439
Jan 200203,73117.172.38$8,864
Dec 200105,97116.932.36$14,118
Nov 200106,22018.072.41$14,962
Oct 200106,61219.782.53$16,721
Sep 200108,22724.262.25$18,522
Aug 2001010,52624.873.05$32,138
Jul 2001012,42223.933.20$39,714
Jun 2001012,03424.563.82$46,020
May 2001014,64325.524.31$63,072
Apr 2001016,01424.685.34$85,440
Mar 2001019,84924.545.38$106,717
Feb 2001015,05927.755.77$86,846

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.

Aug 2012 — as filed, then multipliedworked
Condensate             4 bbl  × $ 92.66 =       $371
Gas                  819 Mcf  × $  2.91 =     $2,382

────────────────────────────────────────────────────
Month total                                   $2,752

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/181153 is the state's own key, not one this site invented.