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 182697District 04Field 355665002 tax incentive programmesCondensateGasSave Export

Value, all time

$2.2 M

Apr 2001 – Jun 2019

Value, last 12 filed months

at the published price for each month

Months reported

219

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	144400
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	5,996 bbl	$149,088
Gas	Production	424,486 Mcf	$2,016,031
Total			$2,165,119

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 28.0534, -99.8757. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.05339, -99.87570 · 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

18.2 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

Jun 2019

1 of 1 wells

Last completion to plug: a median of 18.2 years across the 1 well that filed both dates, with the middle half between 18.2 years and 18.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47937750	9021	5,500 ft	Apr 2001	Jun 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 (219)

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

219 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	53	45.35	2.69	$233
May 2016	0	297	42.52	1.99	$591
Apr 2016	0	320	36.56	1.99	$637
Mar 2016	0	269	33.01	1.79	$483
Feb 2016	0	210	26.47	2.06	$433
Jan 2016	0	223	27.35	2.36	$527
Dec 2015	2	283	32.36	2.00	$631
Nov 2015	0	322	38.79	2.17	$698
Oct 2015	0	443	43.55	2.43	$1,075
Sep 2015	0	356	42.99	2.76	$982
Aug 2015	0	336	40.16	2.87	$965
Jul 2015	2	260	48.15	2.95	$862
Jun 2015	0	502	56.15	2.88	$1,447
May 2015	0	523	55.21	2.96	$1,546
Apr 2015	0	163	49.82	2.71	$441
Mar 2015	2	163	42.89	2.93	$564
Feb 2015	0	216	44.66	2.98	$643
Jan 2015	3	491	43.43	3.10	$1,653
Dec 2014	0	412	54.69	3.59	$1,480
Nov 2014	0	442	70.46	4.25	$1,879
Oct 2014	4	776	78.30	3.90	$3,340
Sep 2014	0	778	86.16	4.05	$3,147
Aug 2014	0	790	89.39	4.04	$3,188
Jul 2014	4	816	96.56	4.18	$3,797
Jun 2014	0	794	98.16	4.74	$3,761
May 2014	0	813	94.73	4.73	$3,843
Apr 2014	4	873	95.94	4.81	$4,582
Mar 2014	0	842	95.89	5.06	$4,258
Feb 2014	4	760	97.40	6.19	$5,096
Jan 2014	0	1,069	90.40	4.86	$5,196
Dec 2013	4	1,002	91.82	4.35	$4,730
Nov 2013	0	905	88.85	3.74	$3,383
Oct 2013	3	717	97.42	3.78	$3,002
Sep 2013	3	812	104.11	3.72	$3,331
Aug 2013	0	664	104.25	3.52	$2,339
Jul 2013	0	559	102.52	3.72	$2,078
Jun 2013	0	773	94.40	3.93	$3,041
May 2013	4	1,098	94.83	4.15	$4,935
Apr 2013	0	1,048	93.96	4.28	$4,488
Mar 2013	4	1,040	93.62	3.91	$4,444
Feb 2013	0	930	91.23	3.42	$3,181
Jan 2013	4	1,092	91.60	3.42	$4,101
Dec 2012	0	1,123	86.77	3.42	$3,841
Nov 2012	4	1,047	86.95	3.62	$4,143
Oct 2012	0	1,149	89.38	3.40	$3,906
Sep 2012	0	968	94.67	2.92	$2,825
Aug 2012	4	990	92.66	2.91	$3,250
Jul 2012	2	1,024	85.13	3.02	$3,264
Jun 2012	0	1,017	79.82	2.52	$2,562
May 2012	4	1,033	91.61	2.49	$2,937
Apr 2012	0	1,058	101.65	2.00	$2,113
Mar 2012	3	1,124	105.05	2.22	$2,813
Feb 2012	0	693	101.10	2.57	$1,781
Jan 2012	3	774	98.09	2.73	$2,410
Dec 2011	2	694	96.87	3.24	$2,442
Nov 2011	4	413	95.72	3.31	$1,750
Oct 2011	0	718	84.98	3.65	$2,620
Sep 2011	0	1,077	83.62	3.99	$4,293
Aug 2011	2	442	83.40	4.15	$2,001
Jul 2011	0	312	94.14	4.52	$1,409
Jun 2011	1	752	92.90	4.64	$3,582
May 2011	2	741	98.13	4.40	$3,460
Apr 2011	0	511	105.96	4.33	$2,214
Mar 2011	0	684	96.36	4.06	$2,775
Feb 2011	0	286	85.64	4.18	$1,195
Jan 2011	0	466	86.50	4.59	$2,138
Dec 2010	0	869	85.73	4.35	$3,778
Nov 2010	0	737	80.84	3.80	$2,797
Oct 2010	0	590	78.10	3.51	$2,070
Sep 2010	0	392	72.63	3.98	$1,560
Aug 2010	0	576	73.68	4.42	$2,546
Jul 2010	0	706	72.55	4.74	$3,344
Jun 2010	0	776	70.36	4.91	$3,810
May 2010	0	726	71.12	4.24	$3,075
Apr 2010	0	690	81.69	4.12	$2,845
Mar 2010	0	729	78.39	4.39	$3,199
Feb 2010	0	819	73.58	5.44	$4,457
Jan 2010	0	915	74.36	5.96	$5,457
Dec 2009	0	987	71.44	5.48	$5,412
Nov 2009	0	774	74.59	3.75	$2,904
Oct 2009	0	797	72.54	4.11	$3,276
Sep 2009	0	452	65.54	3.06	$1,385
Aug 2009	0	402	67.42	3.22	$1,294
Jul 2009	0	542	61.13	3.46	$1,878
Jun 2009	0	551	66.16	3.90	$2,146
May 2009	0	605	54.74	3.93	$2,375
Apr 2009	0	583	46.77	3.59	$2,092
Mar 2009	0	702	42.14	4.06	$2,849
Feb 2009	0	646	32.81	4.63	$2,993
Jan 2009	0	634	35.86	5.37	$3,405
Dec 2008	0	598	37.10	5.98	$3,574
Nov 2008	0	888	55.49	6.86	$6,092
Oct 2008	0	1,222	75.24	6.92	$8,459
Sep 2008	0	1,201	101.76	7.88	$9,460
Aug 2008	0	726	114.22	8.48	$6,159
Jul 2008	0	1,895	131.08	11.39	$21,583
Jun 2008	0	2,618	131.33	13.03	$34,119
May 2008	0	1,338	123.17	11.57	$15,486
Apr 2008	0	1,051	110.31	10.45	$10,988
Mar 2008	0	1,304	101.90	9.66	$12,602
Feb 2008	0	1,156	92.53	8.77	$10,139
Jan 2008	0	1,367	90.38	8.21	$11,217
Dec 2007	0	1,780	88.33	7.30	$12,998
Nov 2007	0	1,772	91.67	7.29	$12,921
Oct 2007	0	1,575	82.85	6.92	$10,902
Sep 2007	0	2,144	75.84	6.24	$13,387
Aug 2007	0	1,737	69.06	6.39	$11,096
Jul 2007	0	3,186	70.90	6.39	$20,352
Jun 2007	0	2,869	62.00	7.55	$21,657
May 2007	0	1,452	58.74	7.85	$11,393
Apr 2007	0	1,936	59.61	7.81	$15,111
Mar 2007	0	2,850	56.92	7.30	$20,811
Feb 2007	0	1,815	55.10	8.22	$14,912
Jan 2007	0	1,799	50.30	6.73	$12,102
Dec 2006	0	1,942	56.65	6.92	$13,436
Nov 2006	0	1,827	54.20	7.62	$13,917
Oct 2006	0	2,564	54.90	6.01	$15,419
Sep 2006	0	2,736	60.08	5.04	$13,782
Aug 2006	0	3,326	68.71	7.34	$24,413
Jul 2006	0	2,567	69.37	6.34	$16,282
Jun 2006	0	2,739	66.28	6.38	$17,485
May 2006	0	3,327	66.01	6.42	$21,376
Apr 2006	0	2,828	64.39	7.36	$20,815
Mar 2006	0	2,970	56.70	7.08	$21,036
Feb 2006	0	2,024	57.59	7.75	$15,688
Jan 2006	0	2,648	60.59	8.93	$23,655
Dec 2005	0	1,841	54.94	13.42	$24,698
Nov 2005	0	2,836	54.69	10.59	$30,029
Oct 2005	0	2,397	58.34	13.80	$33,068
Sep 2005	0	2,133	61.45	12.08	$25,765
Aug 2005	0	2,215	61.51	9.80	$21,700
Jul 2005	0	2,254	55.69	7.84	$17,680
Jun 2005	0	2,479	52.33	7.38	$18,298
May 2005	0	2,865	45.22	6.65	$19,056
Apr 2005	0	4,006	49.20	7.36	$29,486
Mar 2005	0	4,379	50.37	7.15	$31,331
Feb 2005	0	43	45.22	6.31	$271
Jan 2005	0	109	43.16	6.32	$689
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	17	45.28	6.33	$108
Oct 2004	0	1,942	49.70	6.52	$12,652
Sep 2004	0	2,018	43.24	5.28	$10,663
Aug 2004	0	1,757	42.37	5.55	$9,753
Jul 2004	1	2,415	38.28	6.08	$14,732
Jun 2004	0	2,329	36.10	6.43	$14,983
May 2004	0	2,630	37.48	6.49	$17,081
Apr 2004	0	2,235	34.47	5.86	$13,094
Mar 2004	1	2,800	34.36	5.53	$15,519
Feb 2004	2	2,775	32.45	5.51	$15,354
Jan 2004	8	3,425	32.03	6.30	$21,833
Dec 2003	15	2,560	30.26	6.30	$16,586
Nov 2003	9	3,199	28.80	4.60	$14,959
Oct 2003	64	3,568	28.17	4.76	$18,785
Sep 2003	376	3,473	26.31	4.75	$26,387
Aug 2003	144	3,829	29.76	5.13	$23,927
Jul 2003	66	1,222	29.41	5.17	$8,260
Jun 2003	65	1,506	28.56	5.98	$10,867
May 2003	114	806	26.59	5.97	$7,845
Apr 2003	184	2,171	26.67	5.41	$16,646
Mar 2003	70	1,102	31.14	6.10	$8,898
Feb 2003	40	1,171	33.48	7.93	$10,620
Jan 2003	70	2,143	30.31	5.58	$14,084
Dec 2002	131	3,176	26.91	4.85	$18,941
Nov 2002	159	3,205	24.66	4.14	$17,180
Oct 2002	107	4,599	26.46	4.23	$22,281
Sep 2002	261	5,734	27.44	3.64	$28,006
Aug 2002	214	5,941	25.96	3.16	$24,354
Jul 2002	167	6,472	24.58	3.06	$23,921
Jun 2002	128	7,657	23.73	3.34	$28,598
May 2002	140	7,290	24.66	3.58	$29,580
Apr 2002	109	8,460	23.65	3.51	$32,292
Mar 2002	165	7,628	22.00	3.10	$27,298
Feb 2002	159	7,852	18.22	2.38	$21,551
Jan 2002	185	5,861	17.17	2.38	$17,100
Dec 2001	426	12,543	16.93	2.36	$36,869
Nov 2001	318	10,977	18.07	2.41	$32,152
Oct 2001	201	13,397	19.78	2.53	$37,855
Sep 2001	236	14,899	24.26	2.25	$39,268
Aug 2001	341	17,339	24.87	3.05	$61,419
Jul 2001	262	18,584	23.93	3.20	$65,684
Jun 2001	449	21,571	24.56	3.82	$93,518
May 2001	393	25,540	25.52	4.31	$120,038
Apr 2001	136	4,803	24.68	5.34	$28,982

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                   53 Mcf  × $  2.69 =       $142

────────────────────────────────────────────────────
Month total                                     $233

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/182697 is the state's own key, not one this site invented.