PETTY RANCH

Name: PETTY RANCH lease production and value, Apr 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 182341District 04Field 355665002 tax incentive programmesCondensateGasSave Export

Value, all time

$2.6 M

Apr 2001 – Jul 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	2001-09-13	144399
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	1,480 bbl	$39,991
Gas	Production	471,573 Mcf	$2,514,591
Total			$2,554,582

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 28.0406, -99.8662. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.04058, -99.86617 · 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

18.3 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 5,500 ft.

Completions filed

Apr 2001

1 of 1 wells

Plug dates filed

Jul 2019

1 of 1 wells

Last completion to plug: a median of 18.3 years across the 1 well that filed both dates, with the middle half between 18.3 years and 18.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47937734	8019	5,500 ft	Apr 2001	Jul 2019	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


Jul 2019	0	0	56.27	2.46	$0
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	4	59	45.35	2.69	$340
May 2016	0	324	42.52	1.99	$645
Apr 2016	0	482	36.56	1.99	$960
Mar 2016	0	474	33.01	1.79	$850
Feb 2016	0	371	26.47	2.06	$766
Jan 2016	0	373	27.35	2.36	$882
Dec 2015	3	394	32.36	2.00	$886
Nov 2015	0	397	38.79	2.17	$860
Oct 2015	0	628	43.55	2.43	$1,524
Sep 2015	0	519	42.99	2.76	$1,432
Aug 2015	0	595	40.16	2.87	$1,709
Jul 2015	2	367	48.15	2.95	$1,177
Jun 2015	0	418	56.15	2.88	$1,205
May 2015	0	611	55.21	2.96	$1,806
Apr 2015	0	167	49.82	2.71	$452
Mar 2015	2	173	42.89	2.93	$593
Feb 2015	0	227	44.66	2.98	$676
Jan 2015	3	518	43.43	3.10	$1,736
Dec 2014	0	507	54.69	3.59	$1,821
Nov 2014	0	432	70.46	4.25	$1,837
Oct 2014	2	471	78.30	3.90	$1,994
Sep 2014	0	357	86.16	4.05	$1,444
Aug 2014	0	384	89.39	4.04	$1,549
Jul 2014	2	389	96.56	4.18	$1,819
Jun 2014	0	391	98.16	4.74	$1,852
May 2014	0	447	94.73	4.73	$2,113
Apr 2014	2	431	95.94	4.81	$2,265
Mar 2014	0	478	95.89	5.06	$2,417
Feb 2014	2	293	97.40	6.19	$2,009
Jan 2014	0	799	90.40	4.86	$3,884
Dec 2013	2	725	91.82	4.35	$3,341
Nov 2013	0	516	88.85	3.74	$1,929
Oct 2013	1	326	97.42	3.78	$1,329
Sep 2013	2	232	104.11	3.72	$1,071
Aug 2013	0	259	104.25	3.52	$912
Jul 2013	0	259	102.52	3.72	$963
Jun 2013	0	682	94.40	3.93	$2,683
May 2013	4	1,109	94.83	4.15	$4,981
Apr 2013	0	1,042	93.96	4.28	$4,462
Mar 2013	4	1,027	93.62	3.91	$4,393
Feb 2013	0	932	91.23	3.42	$3,187
Jan 2013	4	1,098	91.60	3.42	$4,121
Dec 2012	0	1,125	86.77	3.42	$3,848
Nov 2012	4	1,048	86.95	3.62	$4,147
Oct 2012	0	1,135	89.38	3.40	$3,859
Sep 2012	0	983	94.67	2.92	$2,869
Aug 2012	4	997	92.66	2.91	$3,270
Jul 2012	2	1,034	85.13	3.02	$3,294
Jun 2012	0	1,003	79.82	2.52	$2,527
May 2012	4	1,033	91.61	2.49	$2,937
Apr 2012	0	1,054	101.65	2.00	$2,105
Mar 2012	3	1,148	105.05	2.22	$2,866
Feb 2012	0	549	101.10	2.57	$1,411
Jan 2012	2	649	98.09	2.73	$1,971
Dec 2011	2	684	96.87	3.24	$2,410
Nov 2011	1	569	95.72	3.31	$1,980
Oct 2011	0	493	84.98	3.65	$1,799
Sep 2011	0	1,840	83.62	3.99	$7,334
Aug 2011	1	578	83.40	4.15	$2,482
Jul 2011	0	704	94.14	4.52	$3,180
Jun 2011	1	2,555	92.90	4.64	$11,948
May 2011	1	510	98.13	4.40	$2,345
Apr 2011	0	445	105.96	4.33	$1,928
Mar 2011	0	425	96.36	4.06	$1,724
Feb 2011	0	400	85.64	4.18	$1,672
Jan 2011	0	716	86.50	4.59	$3,286
Dec 2010	0	389	85.73	4.35	$1,691
Nov 2010	0	588	80.84	3.80	$2,232
Oct 2010	0	816	78.10	3.51	$2,863
Sep 2010	0	950	72.63	3.98	$3,781
Aug 2010	0	1,964	73.68	4.42	$8,680
Jul 2010	0	1,992	72.55	4.74	$9,435
Jun 2010	0	1,863	70.36	4.91	$9,148
May 2010	0	1,744	71.12	4.24	$7,386
Apr 2010	0	1,671	81.69	4.12	$6,889
Mar 2010	0	1,715	78.39	4.39	$7,527
Feb 2010	0	1,690	73.58	5.44	$9,198
Jan 2010	0	1,325	74.36	5.96	$7,902
Dec 2009	0	1,329	71.44	5.48	$7,288
Nov 2009	0	1,541	74.59	3.75	$5,781
Oct 2009	0	1,532	72.54	4.11	$6,297
Sep 2009	0	1,773	65.54	3.06	$5,434
Aug 2009	0	2,035	67.42	3.22	$6,550
Jul 2009	0	2,119	61.13	3.46	$7,341
Jun 2009	0	2,046	66.16	3.90	$7,969
May 2009	0	2,056	54.74	3.93	$8,071
Apr 2009	0	2,047	46.77	3.59	$7,344
Mar 2009	0	2,753	42.14	4.06	$11,174
Feb 2009	0	2,151	32.81	4.63	$9,966
Jan 2009	0	2,121	35.86	5.37	$11,392
Dec 2008	0	2,006	37.10	5.98	$11,990
Nov 2008	0	4,153	55.49	6.86	$28,491
Oct 2008	0	4,941	75.24	6.92	$34,202
Sep 2008	0	2,608	101.76	7.88	$20,543
Aug 2008	0	1,258	114.22	8.48	$10,672
Jul 2008	0	2,269	131.08	11.39	$25,843
Jun 2008	0	2,717	131.33	13.03	$35,410
May 2008	0	3,957	123.17	11.57	$45,799
Apr 2008	0	2,016	110.31	10.45	$21,077
Mar 2008	0	2,334	101.90	9.66	$22,556
Feb 2008	0	2,362	92.53	8.77	$20,716
Jan 2008	0	4,080	90.38	8.21	$33,479
Dec 2007	0	5,386	88.33	7.30	$39,328
Nov 2007	0	4,970	91.67	7.29	$36,240
Oct 2007	0	4,989	82.85	6.92	$34,534
Sep 2007	0	3,584	75.84	6.24	$22,379
Aug 2007	0	2,098	69.06	6.39	$13,402
Jul 2007	0	2,244	70.90	6.39	$14,335
Jun 2007	0	1,243	62.00	7.55	$9,383
May 2007	0	2,006	58.74	7.85	$15,740
Apr 2007	0	2,481	59.61	7.81	$19,365
Mar 2007	0	2,574	56.92	7.30	$18,795
Feb 2007	0	2,689	55.10	8.22	$22,093
Jan 2007	0	3,246	50.30	6.73	$21,835
Dec 2006	0	3,302	56.65	6.92	$22,845
Nov 2006	0	4,296	54.20	7.62	$32,725
Oct 2006	0	5,191	54.90	6.01	$31,218
Sep 2006	0	4,801	60.08	5.04	$24,184
Aug 2006	0	4,573	68.71	7.34	$33,565
Jul 2006	0	2,243	69.37	6.34	$14,227
Jun 2006	0	1,440	66.28	6.38	$9,193
May 2006	0	1,575	66.01	6.42	$10,119
Apr 2006	0	1,885	64.39	7.36	$13,875
Mar 2006	0	2,466	56.70	7.08	$17,466
Feb 2006	0	4,026	57.59	7.75	$31,206
Jan 2006	0	2,812	60.59	8.93	$25,121
Dec 2005	0	2,407	54.94	13.42	$32,291
Nov 2005	0	1,279	54.69	10.59	$13,543
Oct 2005	0	2,526	58.34	13.80	$34,848
Sep 2005	0	2,785	61.45	12.08	$33,640
Aug 2005	0	263	61.51	9.80	$2,577
Jul 2005	0	3,950	55.69	7.84	$30,982
Jun 2005	0	3,931	52.33	7.38	$29,015
May 2005	0	4,912	45.22	6.65	$32,671
Apr 2005	0	5,309	49.20	7.36	$39,077
Mar 2005	0	5,416	50.37	7.15	$38,751
Feb 2005	0	3,746	45.22	6.31	$23,644
Jan 2005	0	43	43.16	6.32	$272
Dec 2004	0	4,730	39.86	6.75	$31,933
Nov 2004	0	8,181	45.28	6.33	$51,789
Oct 2004	0	6,444	49.70	6.52	$41,983
Sep 2004	0	2,156	43.24	5.28	$11,392
Aug 2004	0	748	42.37	5.55	$4,152
Jul 2004	0	4,096	38.28	6.08	$24,921
Jun 2004	0	1,190	36.10	6.43	$7,655
May 2004	0	1,905	37.48	6.49	$12,372
Apr 2004	0	2,734	34.47	5.86	$16,017
Mar 2004	0	4,695	34.36	5.53	$25,964
Feb 2004	0	3,628	32.45	5.51	$19,989
Jan 2004	0	3,429	32.03	6.30	$21,601
Dec 2003	0	2,837	30.26	6.30	$17,878
Nov 2003	0	3,482	28.80	4.60	$16,000
Oct 2003	0	3,173	28.17	4.76	$15,102
Sep 2003	0	2,737	26.31	4.75	$12,999
Aug 2003	0	2,747	29.76	5.13	$14,091
Jul 2003	0	3,364	29.41	5.17	$17,395
Jun 2003	0	2,476	28.56	5.98	$14,814
May 2003	0	1,853	26.59	5.97	$11,067
Apr 2003	0	2,880	26.67	5.41	$15,573
Mar 2003	0	4,152	31.14	6.10	$25,311
Feb 2003	0	3,022	33.48	7.93	$23,952
Jan 2003	0	3,086	30.31	5.58	$17,226
Dec 2002	0	3,188	26.91	4.85	$15,474
Nov 2002	0	3,623	24.66	4.14	$14,988
Oct 2002	0	3,482	26.46	4.23	$14,726
Sep 2002	0	2,820	27.44	3.64	$10,251
Aug 2002	0	92	25.96	3.16	$291
Jul 2002	0	3,498	24.58	3.06	$10,710
Jun 2002	0	1,711	23.73	3.34	$5,712
May 2002	0	5,373	24.66	3.58	$19,257
Apr 2002	0	3,980	23.65	3.51	$13,979
Mar 2002	0	2,836	22.00	3.10	$8,799
Feb 2002	0	2,565	18.22	2.38	$6,094
Jan 2002	0	7,936	17.17	2.38	$18,853
Dec 2001	1	8,489	16.93	2.36	$20,088
Nov 2001	14	10,401	18.07	2.41	$25,273
Oct 2001	45	3,593	19.78	2.53	$9,976
Sep 2001	154	15,238	24.26	2.25	$38,042
Aug 2001	172	13,969	24.87	3.05	$46,927
Jul 2001	104	10,479	23.93	3.20	$35,991
Jun 2001	263	17,603	24.56	3.82	$73,776
May 2001	285	21,187	25.52	4.31	$98,532
Apr 2001	378	19,807	24.68	5.34	$115,006

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             4 bbl  × $ 45.35 =       $181
Gas                   59 Mcf  × $  2.69 =       $158

────────────────────────────────────────────────────
Month total                                     $340

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/182341 is the state's own key, not one this site invented.