PETTY RANCH

Name: PETTY RANCH lease production and value, Jul 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 183988District 04Field 355665002 tax incentive programmesCondensateGasSave Export

Value, all time

$1.6 M

Jul 2001 – Sep 2017

Value, last 12 filed months

at the published price for each month

Months reported

195

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	2001-10-19	145301
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	66 bbl	$4,627
Gas	Production	310,383 Mcf	$1,629,535
Total			$1,634,163

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 28.0621, -99.8678. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.06206, -99.86777 · 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

16.2 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

Jul 2001

1 of 1 wells

Plug dates filed

Sep 2017

1 of 1 wells

Last completion to plug: a median of 16.2 years across the 1 well that filed both dates, with the middle half between 16.2 years and 16.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47937817	1020	5,500 ft	Jul 2001	Sep 2017	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 (195)

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

195 months


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	5	55	45.35	2.69	$374
May 2016	0	359	42.52	1.99	$715
Apr 2016	0	672	36.56	1.99	$1,338
Mar 2016	7	615	33.01	1.79	$1,334
Feb 2016	0	736	26.47	2.06	$1,519
Jan 2016	0	724	27.35	2.36	$1,712
Dec 2015	0	738	32.36	2.00	$1,477
Nov 2015	0	754	38.79	2.17	$1,634
Oct 2015	0	803	43.55	2.43	$1,949
Sep 2015	0	888	42.99	2.76	$2,449
Aug 2015	7	849	40.16	2.87	$2,720
Jul 2015	0	736	48.15	2.95	$2,168
Jun 2015	0	626	56.15	2.88	$1,805
May 2015	0	615	55.21	2.96	$1,818
Apr 2015	0	953	49.82	2.71	$2,579
Mar 2015	0	1,086	42.89	2.93	$3,187
Feb 2015	4	1,143	44.66	2.98	$3,580
Jan 2015	7	645	43.43	3.10	$2,304
Dec 2014	0	655	54.69	3.59	$2,352
Nov 2014	0	529	70.46	4.25	$2,249
Oct 2014	0	712	78.30	3.90	$2,777
Sep 2014	0	637	86.16	4.05	$2,577
Aug 2014	4	681	89.39	4.04	$3,105
Jul 2014	0	752	96.56	4.18	$3,143
Jun 2014	0	707	98.16	4.74	$3,349
May 2014	0	719	94.73	4.73	$3,398
Apr 2014	4	630	95.94	4.81	$3,414
Mar 2014	0	667	95.89	5.06	$3,373
Feb 2014	5	711	97.40	6.19	$4,890
Jan 2014	0	746	90.40	4.86	$3,626
Dec 2013	5	872	91.82	4.35	$4,256
Nov 2013	0	762	88.85	3.74	$2,849
Oct 2013	0	710	97.42	3.78	$2,683
Sep 2013	0	715	104.11	3.72	$2,658
Aug 2013	0	828	104.25	3.52	$2,917
Jul 2013	0	910	102.52	3.72	$3,383
Jun 2013	0	908	94.40	3.93	$3,572
May 2013	0	964	94.83	4.15	$4,000
Apr 2013	0	895	93.96	4.28	$3,833
Mar 2013	0	948	93.62	3.91	$3,709
Feb 2013	4	851	91.23	3.42	$3,275
Jan 2013	0	963	91.60	3.42	$3,293
Dec 2012	0	963	86.77	3.42	$3,294
Nov 2012	0	898	86.95	3.62	$3,255
Oct 2012	4	930	89.38	3.40	$3,519
Sep 2012	0	821	94.67	2.92	$2,396
Aug 2012	0	901	92.66	2.91	$2,620
Jul 2012	0	862	85.13	3.02	$2,604
Jun 2012	0	867	79.82	2.52	$2,184
May 2012	0	861	91.61	2.49	$2,142
Apr 2012	0	893	101.65	2.00	$1,783
Mar 2012	4	848	105.05	2.22	$2,305
Feb 2012	0	777	101.10	2.57	$1,997
Jan 2012	0	782	98.09	2.73	$2,138
Dec 2011	0	829	96.87	3.24	$2,686
Nov 2011	4	698	95.72	3.31	$2,694
Oct 2011	0	649	84.98	3.65	$2,368
Sep 2011	0	652	83.62	3.99	$2,599
Aug 2011	0	696	83.40	4.15	$2,888
Jul 2011	0	458	94.14	4.52	$2,069
Jun 2011	0	446	92.90	4.64	$2,069
May 2011	0	2,300	98.13	4.40	$10,131
Apr 2011	0	1,722	105.96	4.33	$7,462
Mar 2011	2	1,058	96.36	4.06	$4,485
Feb 2011	0	853	85.64	4.18	$3,566
Jan 2011	0	963	86.50	4.59	$4,419
Dec 2010	0	746	85.73	4.35	$3,243
Nov 2010	0	1,086	80.84	3.80	$4,122
Oct 2010	0	1,065	78.10	3.51	$3,737
Sep 2010	0	1,099	72.63	3.98	$4,373
Aug 2010	0	1,463	73.68	4.42	$6,466
Jul 2010	0	1,583	72.55	4.74	$7,498
Jun 2010	0	1,327	70.36	4.91	$6,516
May 2010	0	2,100	71.12	4.24	$8,894
Apr 2010	0	2,366	81.69	4.12	$9,754
Mar 2010	0	2,562	78.39	4.39	$11,244
Feb 2010	0	1,357	73.58	5.44	$7,385
Jan 2010	0	1,399	74.36	5.96	$8,344
Dec 2009	0	1,526	71.44	5.48	$8,368
Nov 2009	0	1,501	74.59	3.75	$5,631
Oct 2009	0	1,349	72.54	4.11	$5,545
Sep 2009	0	1,439	65.54	3.06	$4,410
Aug 2009	0	1,662	67.42	3.22	$5,349
Jul 2009	0	2,038	61.13	3.46	$7,061
Jun 2009	0	1,605	66.16	3.90	$6,251
May 2009	0	1,779	54.74	3.93	$6,984
Apr 2009	0	1,530	46.77	3.59	$5,489
Mar 2009	0	1,928	42.14	4.06	$7,826
Feb 2009	0	1,851	32.81	4.63	$8,576
Jan 2009	0	1,450	35.86	5.37	$7,788
Dec 2008	0	1,060	37.10	5.98	$6,336
Nov 2008	0	911	55.49	6.86	$6,250
Oct 2008	0	1,344	75.24	6.92	$9,303
Sep 2008	0	1,671	101.76	7.88	$13,163
Aug 2008	0	1,362	114.22	8.48	$11,554
Jul 2008	0	167	131.08	11.39	$1,902
Jun 2008	0	814	131.33	13.03	$10,609
May 2008	0	1,382	123.17	11.57	$15,996
Apr 2008	0	1,232	110.31	10.45	$12,880
Mar 2008	0	1,426	101.90	9.66	$13,781
Feb 2008	0	1,532	92.53	8.77	$13,437
Jan 2008	0	1,437	90.38	8.21	$11,792
Dec 2007	0	2,096	88.33	7.30	$15,305
Nov 2007	0	2,044	91.67	7.29	$14,904
Oct 2007	0	1,768	82.85	6.92	$12,238
Sep 2007	0	1,989	75.84	6.24	$12,420
Aug 2007	0	808	69.06	6.39	$5,161
Jul 2007	0	1,490	70.90	6.39	$9,518
Jun 2007	0	1,718	62.00	7.55	$12,968
May 2007	0	1,556	58.74	7.85	$12,209
Apr 2007	0	1,956	59.61	7.81	$15,267
Mar 2007	0	2,114	56.92	7.30	$15,436
Feb 2007	0	2,210	55.10	8.22	$18,157
Jan 2007	0	2,150	50.30	6.73	$14,463
Dec 2006	0	3,022	56.65	6.92	$20,908
Nov 2006	0	3,353	54.20	7.62	$25,541
Oct 2006	0	3,190	54.90	6.01	$19,184
Sep 2006	0	2,477	60.08	5.04	$12,477
Aug 2006	0	2,056	68.71	7.34	$15,091
Jul 2006	0	2,309	69.37	6.34	$14,645
Jun 2006	0	2,844	66.28	6.38	$18,156
May 2006	0	2,943	66.01	6.42	$18,909
Apr 2006	0	2,865	64.39	7.36	$21,088
Mar 2006	0	3,340	56.70	7.08	$23,657
Feb 2006	0	3,693	57.59	7.75	$28,625
Jan 2006	0	4,434	60.59	8.93	$39,610
Dec 2005	0	657	54.94	13.42	$8,814
Nov 2005	0	1,742	54.69	10.59	$18,445
Oct 2005	0	1,581	58.34	13.80	$21,811
Sep 2005	0	1,991	61.45	12.08	$24,049
Aug 2005	0	2,131	61.51	9.80	$20,877
Jul 2005	0	2,172	55.69	7.84	$17,036
Jun 2005	0	1,624	52.33	7.38	$11,987
May 2005	0	1,478	45.22	6.65	$9,830
Apr 2005	0	1,462	49.20	7.36	$10,761
Mar 2005	0	1,474	50.37	7.15	$10,546
Feb 2005	0	1,306	45.22	6.31	$8,243
Jan 2005	0	1,585	43.16	6.32	$10,021
Dec 2004	0	1,617	39.86	6.75	$10,917
Nov 2004	0	1,558	45.28	6.33	$9,863
Oct 2004	0	1,789	49.70	6.52	$11,656
Sep 2004	0	1,537	43.24	5.28	$8,121
Aug 2004	0	2,141	42.37	5.55	$11,884
Jul 2004	0	2,551	38.28	6.08	$15,521
Jun 2004	0	2,588	36.10	6.43	$16,649
May 2004	0	2,701	37.48	6.49	$17,542
Apr 2004	0	2,626	34.47	5.86	$15,384
Mar 2004	0	2,772	34.36	5.53	$15,330
Feb 2004	0	2,691	32.45	5.51	$14,826
Jan 2004	0	2,685	32.03	6.30	$16,915
Dec 2003	0	2,764	30.26	6.30	$17,418
Nov 2003	0	2,818	28.80	4.60	$12,949
Oct 2003	0	2,902	28.17	4.76	$13,812
Sep 2003	0	2,701	26.31	4.75	$12,828
Aug 2003	0	2,724	29.76	5.13	$13,973
Jul 2003	0	2,841	29.41	5.17	$14,690
Jun 2003	0	2,984	28.56	5.98	$17,853
May 2003	0	2,723	26.59	5.97	$16,264
Apr 2003	0	2,824	26.67	5.41	$15,270
Mar 2003	0	3,646	31.14	6.10	$22,226
Feb 2003	0	3,281	33.48	7.93	$26,005
Jan 2003	0	3,747	30.31	5.58	$20,916
Dec 2002	0	3,532	26.91	4.85	$17,143
Nov 2002	0	3,438	24.66	4.14	$14,223
Oct 2002	0	2,721	26.46	4.23	$11,507
Sep 2002	0	2,687	27.44	3.64	$9,768
Aug 2002	0	2,837	25.96	3.16	$8,977
Jul 2002	0	2,513	24.58	3.06	$7,694
Jun 2002	0	2,821	23.73	3.34	$9,417
May 2002	0	3,236	24.66	3.58	$11,598
Apr 2002	0	3,463	23.65	3.51	$12,163
Mar 2002	0	3,135	22.00	3.10	$9,727
Feb 2002	0	3,651	18.22	2.38	$8,674
Jan 2002	0	4,463	17.17	2.38	$10,603
Dec 2001	0	4,488	16.93	2.36	$10,611
Nov 2001	0	4,559	18.07	2.41	$10,967
Oct 2001	0	4,597	19.78	2.53	$11,625
Sep 2001	0	4,641	24.26	2.25	$10,448
Aug 2001	0	5,129	24.87	3.05	$15,660
Jul 2001	0	2,288	23.93	3.20	$7,315

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                   55 Mcf  × $  2.69 =       $148

────────────────────────────────────────────────────
Month total                                     $374

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/183988 is the state's own key, not one this site invented.