PETTY RANCH

Name: PETTY RANCH lease production and value, Mar 2001 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 181837District 04Field 355665002 tax incentive programmesCondensateGasSave Export

Value, all time

$1.4 M

Mar 2001 – Jun 2019

Value, last 12 filed months

at the published price for each month

Months reported

220

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	2001-06-15	144037
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	77 bbl	$6,574
Gas	Production	269,129 Mcf	$1,388,570
Total			$1,395,144

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 28.0511, -99.8706. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.05107, -99.87057 · 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

5,500 ft

1 wells filed one

Completion to plug

3 months

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 5,500 ft.

Completions filed

Mar 2001

1 of 1 wells

Plug dates filed

Jun 2001

1 of 1 wells

Last completion to plug: a median of 3 months across the 1 well that filed both dates, with the middle half between 3 months and 3 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47937675	8020	5,500 ft	Mar 2001	Jun 2001	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 (220)

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

220 months


Jun 2019	0	0	52.78	2.49	$0
May 2019	0	0	58.48	2.74	$0
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
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	2	71	45.35	2.69	$281
May 2016	0	324	42.52	1.99	$645
Apr 2016	0	408	36.56	1.99	$812
Mar 2016	0	344	33.01	1.79	$617
Feb 2016	0	316	26.47	2.06	$652
Jan 2016	0	296	27.35	2.36	$700
Dec 2015	3	410	32.36	2.00	$918
Nov 2015	0	432	38.79	2.17	$936
Oct 2015	0	489	43.55	2.43	$1,187
Sep 2015	0	413	42.99	2.76	$1,139
Aug 2015	0	424	40.16	2.87	$1,218
Jul 2015	2	415	48.15	2.95	$1,319
Jun 2015	0	526	56.15	2.88	$1,516
May 2015	0	475	55.21	2.96	$1,404
Apr 2015	0	157	49.82	2.71	$425
Mar 2015	2	167	42.89	2.93	$576
Feb 2015	0	189	44.66	2.98	$563
Jan 2015	3	433	43.43	3.10	$1,473
Dec 2014	0	549	54.69	3.59	$1,972
Nov 2014	0	589	70.46	4.25	$2,504
Oct 2014	4	769	78.30	3.90	$3,313
Sep 2014	0	754	86.16	4.05	$3,050
Aug 2014	0	796	89.39	4.04	$3,212
Jul 2014	4	826	96.56	4.18	$3,839
Jun 2014	0	800	98.16	4.74	$3,790
May 2014	0	753	94.73	4.73	$3,559
Apr 2014	3	662	95.94	4.81	$3,471
Mar 2014	0	777	95.89	5.06	$3,929
Feb 2014	4	896	97.40	6.19	$5,938
Jan 2014	0	1,062	90.40	4.86	$5,162
Dec 2013	4	993	91.82	4.35	$4,691
Nov 2013	0	922	88.85	3.74	$3,447
Oct 2013	3	770	97.42	3.78	$3,202
Sep 2013	3	820	104.11	3.72	$3,361
Aug 2013	0	880	104.25	3.52	$3,100
Jul 2013	0	877	102.52	3.72	$3,260
Jun 2013	0	885	94.40	3.93	$3,481
May 2013	4	1,101	94.83	4.15	$4,947
Apr 2013	0	1,032	93.96	4.28	$4,420
Mar 2013	4	1,041	93.62	3.91	$4,448
Feb 2013	0	928	91.23	3.42	$3,174
Jan 2013	4	1,089	91.60	3.42	$4,091
Dec 2012	0	1,123	86.77	3.42	$3,841
Nov 2012	4	1,055	86.95	3.62	$4,172
Oct 2012	0	1,138	89.38	3.40	$3,869
Sep 2012	0	993	94.67	2.92	$2,898
Aug 2012	4	994	92.66	2.91	$3,261
Jul 2012	2	1,016	85.13	3.02	$3,239
Jun 2012	0	993	79.82	2.52	$2,501
May 2012	4	1,029	91.61	2.49	$2,927
Apr 2012	0	1,051	101.65	2.00	$2,099
Mar 2012	3	1,145	105.05	2.22	$2,859
Feb 2012	0	545	101.10	2.57	$1,401
Jan 2012	2	622	98.09	2.73	$1,897
Dec 2011	2	685	96.87	3.24	$2,413
Nov 2011	3	655	95.72	3.31	$2,456
Oct 2011	0	961	84.98	3.65	$3,506
Sep 2011	0	1,041	83.62	3.99	$4,149
Aug 2011	2	1,287	83.40	4.15	$5,507
Jul 2011	0	976	94.14	4.52	$4,409
Jun 2011	1	759	92.90	4.64	$3,615
May 2011	1	801	98.13	4.40	$3,626
Apr 2011	0	644	105.96	4.33	$2,791
Mar 2011	0	890	96.36	4.06	$3,611
Feb 2011	0	738	85.64	4.18	$3,085
Jan 2011	0	1,155	86.50	4.59	$5,300
Dec 2010	0	898	85.73	4.35	$3,904
Nov 2010	0	1,075	80.84	3.80	$4,080
Oct 2010	0	1,025	78.10	3.51	$3,597
Sep 2010	0	300	72.63	3.98	$1,194
Aug 2010	0	754	73.68	4.42	$3,332
Jul 2010	0	630	72.55	4.74	$2,984
Jun 2010	0	595	70.36	4.91	$2,922
May 2010	0	557	71.12	4.24	$2,359
Apr 2010	0	529	81.69	4.12	$2,181
Mar 2010	0	535	78.39	4.39	$2,348
Feb 2010	0	518	73.58	5.44	$2,819
Jan 2010	0	666	74.36	5.96	$3,972
Dec 2009	0	684	71.44	5.48	$3,751
Nov 2009	0	626	74.59	3.75	$2,348
Oct 2009	0	839	72.54	4.11	$3,449
Sep 2009	0	770	65.54	3.06	$2,360
Aug 2009	0	821	67.42	3.22	$2,642
Jul 2009	0	833	61.13	3.46	$2,886
Jun 2009	0	747	66.16	3.90	$2,910
May 2009	0	772	54.74	3.93	$3,031
Apr 2009	0	759	46.77	3.59	$2,723
Mar 2009	0	760	42.14	4.06	$3,085
Feb 2009	0	765	32.81	4.63	$3,544
Jan 2009	0	878	35.86	5.37	$4,716
Dec 2008	0	979	37.10	5.98	$5,852
Nov 2008	0	774	55.49	6.86	$5,310
Oct 2008	0	843	75.24	6.92	$5,835
Sep 2008	0	1,401	101.76	7.88	$11,036
Aug 2008	0	1,340	114.22	8.48	$11,367
Jul 2008	0	1,178	131.08	11.39	$13,417
Jun 2008	0	1,009	131.33	13.03	$13,150
May 2008	0	1,086	123.17	11.57	$12,570
Apr 2008	0	1,033	110.31	10.45	$10,800
Mar 2008	0	1,286	101.90	9.66	$12,428
Feb 2008	0	1,008	92.53	8.77	$8,841
Jan 2008	0	1,070	90.38	8.21	$8,780
Dec 2007	0	1,342	88.33	7.30	$9,799
Nov 2007	0	1,237	91.67	7.29	$9,020
Oct 2007	0	1,418	82.85	6.92	$9,815
Sep 2007	0	1,148	75.84	6.24	$7,168
Aug 2007	0	1,376	69.06	6.39	$8,790
Jul 2007	0	1,434	70.90	6.39	$9,160
Jun 2007	0	1,407	62.00	7.55	$10,621
May 2007	0	1,371	58.74	7.85	$10,757
Apr 2007	0	1,578	59.61	7.81	$12,317
Mar 2007	0	1,746	56.92	7.30	$12,749
Feb 2007	0	1,473	55.10	8.22	$12,102
Jan 2007	0	1,701	50.30	6.73	$11,442
Dec 2006	0	1,701	56.65	6.92	$11,768
Nov 2006	0	1,767	54.20	7.62	$13,460
Oct 2006	0	2,332	54.90	6.01	$14,024
Sep 2006	0	1,752	60.08	5.04	$8,825
Aug 2006	0	1,062	68.71	7.34	$7,795
Jul 2006	0	1,187	69.37	6.34	$7,529
Jun 2006	0	1,694	66.28	6.38	$10,814
May 2006	0	1,614	66.01	6.42	$10,370
Apr 2006	0	1,356	64.39	7.36	$9,981
Mar 2006	0	1,668	56.70	7.08	$11,814
Feb 2006	0	1,379	57.59	7.75	$10,689
Jan 2006	0	1,741	60.59	8.93	$15,553
Dec 2005	0	2,023	54.94	13.42	$27,139
Nov 2005	0	1,556	54.69	10.59	$16,476
Oct 2005	0	1,916	58.34	13.80	$26,433
Sep 2005	0	1,631	61.45	12.08	$19,701
Aug 2005	0	2,054	61.51	9.80	$20,123
Jul 2005	0	2,235	55.69	7.84	$17,531
Jun 2005	0	1,834	52.33	7.38	$13,537
May 2005	0	2,269	45.22	6.65	$15,091
Apr 2005	0	2,089	49.20	7.36	$15,376
Mar 2005	0	1,812	50.37	7.15	$12,965
Feb 2005	0	1,506	45.22	6.31	$9,506
Jan 2005	0	1,566	43.16	6.32	$9,901
Dec 2004	0	1,643	39.86	6.75	$11,092
Nov 2004	0	2,148	45.28	6.33	$13,598
Oct 2004	0	2,432	49.70	6.52	$15,845
Sep 2004	0	2,398	43.24	5.28	$12,671
Aug 2004	0	1,496	42.37	5.55	$8,304
Jul 2004	0	1,823	38.28	6.08	$11,091
Jun 2004	0	2,075	36.10	6.43	$13,349
May 2004	0	1,922	37.48	6.49	$12,483
Apr 2004	0	1,950	34.47	5.86	$11,424
Mar 2004	0	1,938	34.36	5.53	$10,717
Feb 2004	0	2,099	32.45	5.51	$11,565
Jan 2004	0	2,245	32.03	6.30	$14,143
Dec 2003	0	2,052	30.26	6.30	$12,931
Nov 2003	0	2,071	28.80	4.60	$9,517
Oct 2003	0	2,258	28.17	4.76	$10,747
Sep 2003	0	2,327	26.31	4.75	$11,052
Aug 2003	0	2,253	29.76	5.13	$11,557
Jul 2003	0	2,388	29.41	5.17	$12,348
Jun 2003	0	2,439	28.56	5.98	$14,592
May 2003	0	2,325	26.59	5.97	$13,886
Apr 2003	0	2,000	26.67	5.41	$10,815
Mar 2003	0	2,918	31.14	6.10	$17,788
Feb 2003	0	2,284	33.48	7.93	$18,103
Jan 2003	0	2,684	30.31	5.58	$14,982
Dec 2002	0	2,693	26.91	4.85	$13,071
Nov 2002	0	3,079	24.66	4.14	$12,738
Oct 2002	0	3,250	26.46	4.23	$13,745
Sep 2002	0	3,677	27.44	3.64	$13,367
Aug 2002	0	4,021	25.96	3.16	$12,723
Jul 2002	0	3,861	24.58	3.06	$11,821
Jun 2002	0	3,900	23.73	3.34	$13,019
May 2002	0	4,363	24.66	3.58	$15,637
Apr 2002	0	4,625	23.65	3.51	$16,244
Mar 2002	0	4,479	22.00	3.10	$13,897
Feb 2002	0	3,836	18.22	2.38	$9,113
Jan 2002	0	4,682	17.17	2.38	$11,123
Dec 2001	0	4,634	16.93	2.36	$10,957
Nov 2001	0	3,279	18.07	2.41	$7,888
Oct 2001	0	3,594	19.78	2.53	$9,089
Sep 2001	0	3,999	24.26	2.25	$9,003
Aug 2001	0	3,625	24.87	3.05	$11,068
Jul 2001	0	5,847	23.93	3.20	$18,693
Jun 2001	0	5,241	24.56	3.82	$20,042
May 2001	0	138	25.52	4.31	$594
Apr 2001	0	1,664	24.68	5.34	$8,878
Mar 2001	0	0	24.54	5.38	$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             2 bbl  × $ 45.35 =        $91
Gas                   71 Mcf  × $  2.69 =       $191

────────────────────────────────────────────────────
Month total                                     $281

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/181837 is the state's own key, not one this site invented.