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 184001District 04Field 355665002 tax incentive programmesCondensateGasSave Export

Value, all time

$1.4 M

Jul 2001 – Jul 2019

Value, last 12 filed months

at the published price for each month

Months reported

217

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	145302
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	82 bbl	$7,054
Gas	Production	291,717 Mcf	$1,438,295
Total			$1,445,348

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 28.0435, -99.8994. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.04352, -99.89940 · 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

18.1 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

Aug 2019

1 of 1 wells

Last completion to plug: a median of 18.1 years across the 1 well that filed both dates, with the middle half between 18.1 years and 18.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47937807	1217	5,500 ft	Jul 2001	Aug 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 (217)

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

217 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	2	40	45.35	2.69	$198
May 2016	0	449	42.52	1.99	$894
Apr 2016	0	433	36.56	1.99	$862
Mar 2016	0	254	33.01	1.79	$456
Feb 2016	0	232	26.47	2.06	$479
Jan 2016	0	268	27.35	2.36	$634
Dec 2015	2	305	32.36	2.00	$675
Nov 2015	0	230	38.79	2.17	$498
Oct 2015	0	345	43.55	2.43	$837
Sep 2015	0	378	42.99	2.76	$1,043
Aug 2015	0	457	40.16	2.87	$1,313
Jul 2015	1	425	48.15	2.95	$1,300
Jun 2015	0	376	56.15	2.88	$1,084
May 2015	0	151	55.21	2.96	$446
Apr 2015	0	135	49.82	2.71	$365
Mar 2015	3	142	42.89	2.93	$545
Feb 2015	0	216	44.66	2.98	$643
Jan 2015	4	645	43.43	3.10	$2,174
Dec 2014	0	763	54.69	3.59	$2,740
Nov 2014	0	603	70.46	4.25	$2,564
Oct 2014	4	737	78.30	3.90	$3,188
Sep 2014	0	787	86.16	4.05	$3,184
Aug 2014	0	860	89.39	4.04	$3,470
Jul 2014	4	823	96.56	4.18	$3,826
Jun 2014	0	806	98.16	4.74	$3,818
May 2014	0	892	94.73	4.73	$4,216
Apr 2014	4	886	95.94	4.81	$4,645
Mar 2014	0	800	95.89	5.06	$4,045
Feb 2014	4	775	97.40	6.19	$5,188
Jan 2014	0	1,060	90.40	4.86	$5,152
Dec 2013	3	806	91.82	4.35	$3,785
Nov 2013	0	689	88.85	3.74	$2,576
Oct 2013	3	639	97.42	3.78	$2,707
Sep 2013	3	564	104.11	3.72	$2,409
Aug 2013	0	618	104.25	3.52	$2,177
Jul 2013	0	563	102.52	3.72	$2,093
Jun 2013	0	807	94.40	3.93	$3,174
May 2013	4	1,103	94.83	4.15	$4,956
Apr 2013	0	1,040	93.96	4.28	$4,454
Mar 2013	4	1,035	93.62	3.91	$4,424
Feb 2013	0	943	91.23	3.42	$3,225
Jan 2013	4	1,053	91.60	3.42	$3,968
Dec 2012	0	1,128	86.77	3.42	$3,858
Nov 2012	4	1,042	86.95	3.62	$4,125
Oct 2012	0	1,141	89.38	3.40	$3,879
Sep 2012	0	989	94.67	2.92	$2,886
Aug 2012	4	993	92.66	2.91	$3,258
Jul 2012	2	1,027	85.13	3.02	$3,273
Jun 2012	0	1,019	79.82	2.52	$2,567
May 2012	4	1,030	91.61	2.49	$2,929
Apr 2012	0	1,042	101.65	2.00	$2,081
Mar 2012	3	1,115	105.05	2.22	$2,793
Feb 2012	0	789	101.10	2.57	$2,028
Jan 2012	3	744	98.09	2.73	$2,328
Dec 2011	3	801	96.87	3.24	$2,886
Nov 2011	3	873	95.72	3.31	$3,178
Oct 2011	0	974	84.98	3.65	$3,554
Sep 2011	0	1,016	83.62	3.99	$4,050
Aug 2011	3	835	83.40	4.15	$3,715
Jul 2011	0	959	94.14	4.52	$4,332
Jun 2011	2	1,215	92.90	4.64	$5,823
May 2011	2	1,108	98.13	4.40	$5,077
Apr 2011	0	1,023	105.96	4.33	$4,433
Mar 2011	0	2,437	96.36	4.06	$9,888
Feb 2011	0	345	85.64	4.18	$1,442
Jan 2011	0	653	86.50	4.59	$2,996
Dec 2010	0	499	85.73	4.35	$2,170
Nov 2010	0	660	80.84	3.80	$2,505
Oct 2010	0	625	78.10	3.51	$2,193
Sep 2010	0	379	72.63	3.98	$1,508
Aug 2010	0	593	73.68	4.42	$2,621
Jul 2010	0	547	72.55	4.74	$2,591
Jun 2010	0	828	70.36	4.91	$4,066
May 2010	0	746	71.12	4.24	$3,159
Apr 2010	0	667	81.69	4.12	$2,750
Mar 2010	0	687	78.39	4.39	$3,015
Feb 2010	0	554	73.58	5.44	$3,015
Jan 2010	0	538	74.36	5.96	$3,209
Dec 2009	0	562	71.44	5.48	$3,082
Nov 2009	0	737	74.59	3.75	$2,765
Oct 2009	0	869	72.54	4.11	$3,572
Sep 2009	0	1,155	65.54	3.06	$3,540
Aug 2009	0	1,055	67.42	3.22	$3,396
Jul 2009	0	1,019	61.13	3.46	$3,530
Jun 2009	0	899	66.16	3.90	$3,502
May 2009	0	937	54.74	3.93	$3,678
Apr 2009	0	941	46.77	3.59	$3,376
Mar 2009	0	1,164	42.14	4.06	$4,725
Feb 2009	0	600	32.81	4.63	$2,780
Jan 2009	0	762	35.86	5.37	$4,093
Dec 2008	0	868	37.10	5.98	$5,188
Nov 2008	0	633	55.49	6.86	$4,343
Oct 2008	0	859	75.24	6.92	$5,946
Sep 2008	0	1,106	101.76	7.88	$8,712
Aug 2008	0	991	114.22	8.48	$8,407
Jul 2008	0	940	131.08	11.39	$10,706
Jun 2008	0	1,014	131.33	13.03	$13,215
May 2008	0	1,196	123.17	11.57	$13,843
Apr 2008	0	1,211	110.31	10.45	$12,661
Mar 2008	0	1,289	101.90	9.66	$12,457
Feb 2008	0	1,187	92.53	8.77	$10,411
Jan 2008	0	1,157	90.38	8.21	$9,494
Dec 2007	0	1,009	88.33	7.30	$7,368
Nov 2007	0	1,145	91.67	7.29	$8,349
Oct 2007	0	1,068	82.85	6.92	$7,393
Sep 2007	0	961	75.84	6.24	$6,001
Aug 2007	0	997	69.06	6.39	$6,369
Jul 2007	0	1,093	70.90	6.39	$6,982
Jun 2007	0	1,262	62.00	7.55	$9,526
May 2007	0	1,392	58.74	7.85	$10,922
Apr 2007	0	1,372	59.61	7.81	$10,709
Mar 2007	0	1,452	56.92	7.30	$10,602
Feb 2007	0	1,302	55.10	8.22	$10,697
Jan 2007	0	1,407	50.30	6.73	$9,465
Dec 2006	0	1,341	56.65	6.92	$9,278
Nov 2006	0	1,324	54.20	7.62	$10,086
Oct 2006	0	1,451	54.90	6.01	$8,726
Sep 2006	0	1,295	60.08	5.04	$6,523
Aug 2006	0	1,270	68.71	7.34	$9,322
Jul 2006	0	1,447	69.37	6.34	$9,178
Jun 2006	0	1,452	66.28	6.38	$9,269
May 2006	0	1,339	66.01	6.42	$8,603
Apr 2006	0	1,395	64.39	7.36	$10,268
Mar 2006	0	1,587	56.70	7.08	$11,241
Feb 2006	0	1,414	57.59	7.75	$10,960
Jan 2006	0	1,561	60.59	8.93	$13,945
Dec 2005	0	1,768	54.94	13.42	$23,718
Nov 2005	0	1,760	54.69	10.59	$18,636
Oct 2005	0	1,688	58.34	13.80	$23,287
Sep 2005	0	1,695	61.45	12.08	$20,474
Aug 2005	0	1,893	61.51	9.80	$18,545
Jul 2005	0	1,766	55.69	7.84	$13,852
Jun 2005	0	1,774	52.33	7.38	$13,094
May 2005	0	1,884	45.22	6.65	$12,531
Apr 2005	0	2,007	49.20	7.36	$14,772
Mar 2005	0	2,052	50.37	7.15	$14,682
Feb 2005	0	1,911	45.22	6.31	$12,062
Jan 2005	0	2,177	43.16	6.32	$13,763
Dec 2004	0	2,081	39.86	6.75	$14,049
Nov 2004	0	2,052	45.28	6.33	$12,990
Oct 2004	0	2,201	49.70	6.52	$14,340
Sep 2004	0	2,032	43.24	5.28	$10,737
Aug 2004	0	2,240	42.37	5.55	$12,433
Jul 2004	0	2,134	38.28	6.08	$12,984
Jun 2004	0	2,004	36.10	6.43	$12,892
May 2004	0	2,069	37.48	6.49	$13,437
Apr 2004	0	2,040	34.47	5.86	$11,951
Mar 2004	0	2,111	34.36	5.53	$11,674
Feb 2004	0	2,221	32.45	5.51	$12,237
Jan 2004	0	2,532	32.03	6.30	$15,951
Dec 2003	0	2,206	30.26	6.30	$13,901
Nov 2003	0	2,429	28.80	4.60	$11,162
Oct 2003	0	2,643	28.17	4.76	$12,580
Sep 2003	0	2,829	26.31	4.75	$13,436
Aug 2003	0	2,452	29.76	5.13	$12,578
Jul 2003	0	3,393	29.41	5.17	$17,545
Jun 2003	0	2,837	28.56	5.98	$16,974
May 2003	0	3,081	26.59	5.97	$18,402
Apr 2003	0	2,302	26.67	5.41	$12,448
Mar 2003	0	3,436	31.14	6.10	$20,946
Feb 2003	0	3,030	33.48	7.93	$24,015
Jan 2003	0	3,755	30.31	5.58	$20,961
Dec 2002	0	3,781	26.91	4.85	$18,352
Nov 2002	0	5,185	24.66	4.14	$21,450
Oct 2002	0	3,780	26.46	4.23	$15,986
Sep 2002	0	3,760	27.44	3.64	$13,668
Aug 2002	0	4,059	25.96	3.16	$12,843
Jul 2002	0	3,735	24.58	3.06	$11,436
Jun 2002	0	3,564	23.73	3.34	$11,897
May 2002	0	3,883	24.66	3.58	$13,917
Apr 2002	0	4,047	23.65	3.51	$14,214
Mar 2002	0	4,229	22.00	3.10	$13,121
Feb 2002	0	3,766	18.22	2.38	$8,947
Jan 2002	0	4,730	17.17	2.38	$11,237
Dec 2001	0	6,076	16.93	2.36	$14,366
Nov 2001	0	7,883	18.07	2.41	$18,963
Oct 2001	0	8,381	19.78	2.53	$21,195
Sep 2001	0	11,573	24.26	2.25	$26,055
Aug 2001	0	13,136	24.87	3.05	$40,106
Jul 2001	0	2,423	23.93	3.20	$7,747

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                   40 Mcf  × $  2.69 =       $107

────────────────────────────────────────────────────
Month total                                     $198

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/184001 is the state's own key, not one this site invented.