PETTY RANCH

Name: PETTY RANCH lease production and value, Oct 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 185568District 04Field 355665002 tax incentive programmesCondensateGasSave Export

Value, all time

$1.7 M

Oct 2001 – Jun 2019

Value, last 12 filed months

at the published price for each month

Months reported

213

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	2002-02-22	146336
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	615 bbl	$17,176
Gas	Production	310,171 Mcf	$1,698,436
Total			$1,715,612

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 28.0698, -99.8813. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.06985, -99.88127 · 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

5,406 ft

1 wells filed one

Completion to plug

17.7 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 5,406 ft.

Completions filed

Oct 2001

1 of 1 wells

Plug dates filed

Jun 2019

1 of 1 wells

Last completion to plug: a median of 17.7 years across the 1 well that filed both dates, with the middle half between 17.7 years and 17.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47937890	7016	5,406 ft	Oct 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 (213)

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

213 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	5	158	45.35	2.69	$651
May 2016	0	602	42.52	1.99	$1,199
Apr 2016	0	712	36.56	1.99	$1,418
Mar 2016	6	645	33.01	1.79	$1,355
Feb 2016	0	559	26.47	2.06	$1,154
Jan 2016	0	577	27.35	2.36	$1,364
Dec 2015	0	660	32.36	2.00	$1,321
Nov 2015	0	659	38.79	2.17	$1,428
Oct 2015	0	795	43.55	2.43	$1,929
Sep 2015	0	745	42.99	2.76	$2,055
Aug 2015	7	723	40.16	2.87	$2,358
Jul 2015	0	763	48.15	2.95	$2,247
Jun 2015	0	662	56.15	2.88	$1,908
May 2015	0	626	55.21	2.96	$1,850
Apr 2015	0	925	49.82	2.71	$2,504
Mar 2015	0	1,043	42.89	2.93	$3,061
Feb 2015	6	1,111	44.66	2.98	$3,575
Jan 2015	10	880	43.43	3.10	$3,163
Dec 2014	0	907	54.69	3.59	$3,257
Nov 2014	0	954	70.46	4.25	$4,056
Oct 2014	0	885	78.30	3.90	$3,452
Sep 2014	0	644	86.16	4.05	$2,605
Aug 2014	3	551	89.39	4.04	$2,492
Jul 2014	0	780	96.56	4.18	$3,260
Jun 2014	0	751	98.16	4.74	$3,557
May 2014	0	846	94.73	4.73	$3,999
Apr 2014	5	832	95.94	4.81	$4,481
Mar 2014	0	803	95.89	5.06	$4,061
Feb 2014	4	721	97.40	6.19	$4,854
Jan 2014	0	740	90.40	4.86	$3,597
Dec 2013	4	889	91.82	4.35	$4,238
Nov 2013	0	798	88.85	3.74	$2,983
Oct 2013	0	685	97.42	3.78	$2,589
Sep 2013	0	727	104.11	3.72	$2,703
Aug 2013	0	840	104.25	3.52	$2,959
Jul 2013	0	930	102.52	3.72	$3,458
Jun 2013	0	956	94.40	3.93	$3,760
May 2013	0	971	94.83	4.15	$4,029
Apr 2013	0	908	93.96	4.28	$3,889
Mar 2013	0	943	93.62	3.91	$3,690
Feb 2013	4	853	91.23	3.42	$3,282
Jan 2013	0	962	91.60	3.42	$3,290
Dec 2012	0	963	86.77	3.42	$3,294
Nov 2012	0	901	86.95	3.62	$3,266
Oct 2012	4	935	89.38	3.40	$3,536
Sep 2012	0	830	94.67	2.92	$2,422
Aug 2012	0	913	92.66	2.91	$2,655
Jul 2012	0	865	85.13	3.02	$2,613
Jun 2012	0	872	79.82	2.52	$2,197
May 2012	0	883	91.61	2.49	$2,197
Apr 2012	0	889	101.65	2.00	$1,775
Mar 2012	4	851	105.05	2.22	$2,311
Feb 2012	0	1,298	101.10	2.57	$3,336
Jan 2012	0	1,387	98.09	2.73	$3,792
Dec 2011	0	1,343	96.87	3.24	$4,351
Nov 2011	4	1,289	95.72	3.31	$4,651
Oct 2011	0	1,408	84.98	3.65	$5,137
Sep 2011	0	1,009	83.62	3.99	$4,022
Aug 2011	0	1,481	83.40	4.15	$6,145
Jul 2011	0	1,507	94.14	4.52	$6,807
Jun 2011	0	1,021	92.90	4.64	$4,737
May 2011	0	2,499	98.13	4.40	$11,008
Apr 2011	0	1,372	105.96	4.33	$5,945
Mar 2011	3	1,297	96.36	4.06	$5,551
Feb 2011	0	1,039	85.64	4.18	$4,343
Jan 2011	0	1,156	86.50	4.59	$5,305
Dec 2010	0	1,165	85.73	4.35	$5,065
Nov 2010	0	1,371	80.84	3.80	$5,203
Oct 2010	0	1,437	78.10	3.51	$5,042
Sep 2010	0	1,236	72.63	3.98	$4,919
Aug 2010	0	1,259	73.68	4.42	$5,564
Jul 2010	0	1,206	72.55	4.74	$5,712
Jun 2010	0	1,276	70.36	4.91	$6,266
May 2010	0	1,995	71.12	4.24	$8,449
Apr 2010	0	1,772	81.69	4.12	$7,305
Mar 2010	0	1,811	78.39	4.39	$7,948
Feb 2010	0	1,087	73.58	5.44	$5,916
Jan 2010	0	1,186	74.36	5.96	$7,073
Dec 2009	0	1,336	71.44	5.48	$7,326
Nov 2009	0	1,417	74.59	3.75	$5,316
Oct 2009	0	1,693	72.54	4.11	$6,959
Sep 2009	0	1,830	65.54	3.06	$5,608
Aug 2009	0	2,172	67.42	3.22	$6,991
Jul 2009	0	1,934	61.13	3.46	$6,700
Jun 2009	0	1,783	66.16	3.90	$6,945
May 2009	0	1,903	54.74	3.93	$7,471
Apr 2009	0	1,737	46.77	3.59	$6,231
Mar 2009	0	1,663	42.14	4.06	$6,750
Feb 2009	0	1,982	32.81	4.63	$9,183
Jan 2009	0	2,306	35.86	5.37	$12,386
Dec 2008	0	2,536	37.10	5.98	$15,158
Nov 2008	0	2,034	55.49	6.86	$13,954
Oct 2008	0	2,170	75.24	6.92	$15,021
Sep 2008	0	2,114	101.76	7.88	$16,652
Aug 2008	0	2,070	114.22	8.48	$17,560
Jul 2008	0	2,890	131.08	11.39	$32,915
Jun 2008	0	2,648	131.33	13.03	$34,510
May 2008	0	2,826	123.17	11.57	$32,709
Apr 2008	0	2,339	110.31	10.45	$24,454
Mar 2008	0	2,742	101.90	9.66	$26,499
Feb 2008	0	2,656	92.53	8.77	$23,295
Jan 2008	0	2,588	90.38	8.21	$21,236
Dec 2007	0	2,601	88.33	7.30	$18,992
Nov 2007	0	2,415	91.67	7.29	$17,609
Oct 2007	0	1,943	82.85	6.92	$13,449
Sep 2007	0	2,024	75.84	6.24	$12,638
Aug 2007	0	2,270	69.06	6.39	$14,501
Jul 2007	0	2,923	70.90	6.39	$18,672
Jun 2007	0	2,924	62.00	7.55	$22,072
May 2007	0	3,234	58.74	7.85	$25,375
Apr 2007	0	3,854	59.61	7.81	$30,081
Mar 2007	0	2,959	56.92	7.30	$21,607
Feb 2007	0	3,185	55.10	8.22	$26,168
Jan 2007	0	3,754	50.30	6.73	$25,253
Dec 2006	0	3,983	56.65	6.92	$27,556
Nov 2006	0	3,854	54.20	7.62	$29,358
Oct 2006	0	2,290	54.90	6.01	$13,772
Sep 2006	0	2,338	60.08	5.04	$11,777
Aug 2006	0	3,881	68.71	7.34	$28,486
Jul 2006	0	3,624	69.37	6.34	$22,986
Jun 2006	0	3,725	66.28	6.38	$23,780
May 2006	0	3,642	66.01	6.42	$23,400
Apr 2006	0	4,126	64.39	7.36	$30,369
Mar 2006	0	4,536	56.70	7.08	$32,128
Feb 2006	0	5,061	57.59	7.75	$39,228
Jan 2006	0	4,099	60.59	8.93	$36,618
Dec 2005	0	329	54.94	13.42	$4,414
Nov 2005	0	666	54.69	10.59	$7,052
Oct 2005	0	693	58.34	13.80	$9,560
Sep 2005	0	708	61.45	12.08	$8,552
Aug 2005	0	696	61.51	9.80	$6,819
Jul 2005	0	668	55.69	7.84	$5,240
Jun 2005	0	647	52.33	7.38	$4,776
May 2005	0	726	45.22	6.65	$4,829
Apr 2005	0	696	49.20	7.36	$5,123
Mar 2005	0	817	50.37	7.15	$5,846
Feb 2005	0	758	45.22	6.31	$4,784
Jan 2005	0	922	43.16	6.32	$5,829
Dec 2004	0	868	39.86	6.75	$5,860
Nov 2004	0	796	45.28	6.33	$5,039
Oct 2004	0	981	49.70	6.52	$6,391
Sep 2004	0	1,907	43.24	5.28	$10,076
Aug 2004	0	1,846	42.37	5.55	$10,247
Jul 2004	0	1,810	38.28	6.08	$11,012
Jun 2004	0	1,752	36.10	6.43	$11,271
May 2004	0	1,756	37.48	6.49	$11,404
Apr 2004	0	1,802	34.47	5.86	$10,557
Mar 2004	0	1,937	34.36	5.53	$10,712
Feb 2004	0	1,923	32.45	5.51	$10,595
Jan 2004	0	2,099	32.03	6.30	$13,223
Dec 2003	0	1,886	30.26	6.30	$11,885
Nov 2003	0	1,918	28.80	4.60	$8,814
Oct 2003	0	2,280	28.17	4.76	$10,852
Sep 2003	0	2,203	26.31	4.75	$10,463
Aug 2003	0	2,200	29.76	5.13	$11,285
Jul 2003	0	2,313	29.41	5.17	$11,960
Jun 2003	0	2,137	28.56	5.98	$12,786
May 2003	0	1,936	26.59	5.97	$11,563
Apr 2003	0	1,762	26.67	5.41	$9,528
Mar 2003	0	2,232	31.14	6.10	$13,606
Feb 2003	0	1,981	33.48	7.93	$15,701
Jan 2003	0	2,393	30.31	5.58	$13,358
Dec 2002	0	2,455	26.91	4.85	$11,916
Nov 2002	1	2,666	24.66	4.14	$11,054
Oct 2002	1	1,980	26.46	4.23	$8,400
Sep 2002	7	2,178	27.44	3.64	$8,110
Aug 2002	19	2,198	25.96	3.16	$7,448
Jul 2002	108	1,946	24.58	3.06	$8,613
Jun 2002	87	2,383	23.73	3.34	$10,020
May 2002	113	2,897	24.66	3.58	$13,169
Apr 2002	68	3,139	23.65	3.51	$12,633
Mar 2002	17	3,575	22.00	3.10	$11,466
Feb 2002	16	3,702	18.22	2.38	$9,086
Jan 2002	24	3,867	17.17	2.38	$9,599
Dec 2001	36	4,902	16.93	2.36	$12,200
Nov 2001	34	5,883	18.07	2.41	$14,766
Oct 2001	15	5,212	19.78	2.53	$13,477

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                  158 Mcf  × $  2.69 =       $424

────────────────────────────────────────────────────
Month total                                     $651

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/185568 is the state's own key, not one this site invented.