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 185869District 04Field 355665002 tax incentive programmesCondensateGasSave Export

Value, all time

$1.5 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	146335
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	1,111 bbl	$31,152
Gas	Production	285,633 Mcf	$1,463,130
Total			$1,494,282

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 28.0446, -99.8789. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.04461, -99.87887 · 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

5,400 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 5,400 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


42-47937930	1418	5,400 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	122	45.35	2.69	$554
May 2016	0	465	42.52	1.99	$926
Apr 2016	0	451	36.56	1.99	$898
Mar 2016	0	490	33.01	1.79	$879
Feb 2016	0	512	26.47	2.06	$1,057
Jan 2016	0	741	27.35	2.36	$1,752
Dec 2015	6	857	32.36	2.00	$1,909
Nov 2015	0	895	38.79	2.17	$1,940
Oct 2015	0	1,034	43.55	2.43	$2,509
Sep 2015	0	1,083	42.99	2.76	$2,987
Aug 2015	0	1,079	40.16	2.87	$3,099
Jul 2015	5	877	48.15	2.95	$2,824
Jun 2015	0	371	56.15	2.88	$1,070
May 2015	0	483	55.21	2.96	$1,427
Apr 2015	0	957	49.82	2.71	$2,590
Mar 2015	5	940	42.89	2.93	$2,973
Feb 2015	0	802	44.66	2.98	$2,387
Jan 2015	5	636	43.43	3.10	$2,189
Dec 2014	0	814	54.69	3.59	$2,923
Nov 2014	0	859	70.46	4.25	$3,652
Oct 2014	4	840	78.30	3.90	$3,590
Sep 2014	0	759	86.16	4.05	$3,070
Aug 2014	0	806	89.39	4.04	$3,252
Jul 2014	4	823	96.56	4.18	$3,826
Jun 2014	0	805	98.16	4.74	$3,813
May 2014	0	790	94.73	4.73	$3,734
Apr 2014	3	677	95.94	4.81	$3,544
Mar 2014	0	776	95.89	5.06	$3,924
Feb 2014	4	897	97.40	6.19	$5,944
Jan 2014	0	1,071	90.40	4.86	$5,206
Dec 2013	4	1,008	91.82	4.35	$4,757
Nov 2013	0	893	88.85	3.74	$3,338
Oct 2013	4	774	97.42	3.78	$3,315
Sep 2013	4	1,142	104.11	3.72	$4,662
Aug 2013	0	1,267	104.25	3.52	$4,463
Jul 2013	0	981	102.52	3.72	$3,647
Jun 2013	0	952	94.40	3.93	$3,745
May 2013	4	1,104	94.83	4.15	$4,960
Apr 2013	0	1,056	93.96	4.28	$4,522
Mar 2013	4	1,027	93.62	3.91	$4,393
Feb 2013	0	921	91.23	3.42	$3,150
Jan 2013	4	1,104	91.60	3.42	$4,142
Dec 2012	0	1,124	86.77	3.42	$3,844
Nov 2012	4	1,053	86.95	3.62	$4,165
Oct 2012	0	1,145	89.38	3.40	$3,893
Sep 2012	0	971	94.67	2.92	$2,834
Aug 2012	4	996	92.66	2.91	$3,267
Jul 2012	2	1,024	85.13	3.02	$3,264
Jun 2012	0	1,006	79.82	2.52	$2,534
May 2012	4	1,024	91.61	2.49	$2,914
Apr 2012	0	1,054	101.65	2.00	$2,105
Mar 2012	3	1,141	105.05	2.22	$2,851
Feb 2012	0	822	101.10	2.57	$2,113
Jan 2012	4	1,341	98.09	2.73	$4,059
Dec 2011	3	982	96.87	3.24	$3,472
Nov 2011	3	1,160	95.72	3.31	$4,128
Oct 2011	0	766	84.98	3.65	$2,795
Sep 2011	0	1,080	83.62	3.99	$4,305
Aug 2011	2	864	83.40	4.15	$3,752
Jul 2011	0	1,086	94.14	4.52	$4,906
Jun 2011	1	1,222	92.90	4.64	$5,763
May 2011	2	1,104	98.13	4.40	$5,059
Apr 2011	0	801	105.96	4.33	$3,471
Mar 2011	0	1,082	96.36	4.06	$4,390
Feb 2011	0	574	85.64	4.18	$2,399
Jan 2011	0	621	86.50	4.59	$2,850
Dec 2010	0	647	85.73	4.35	$2,813
Nov 2010	0	640	80.84	3.80	$2,429
Oct 2010	0	628	78.10	3.51	$2,204
Sep 2010	0	261	72.63	3.98	$1,039
Aug 2010	0	737	73.68	4.42	$3,257
Jul 2010	0	548	72.55	4.74	$2,596
Jun 2010	0	517	70.36	4.91	$2,539
May 2010	0	485	71.12	4.24	$2,054
Apr 2010	0	460	81.69	4.12	$1,896
Mar 2010	0	455	78.39	4.39	$1,997
Feb 2010	0	454	73.58	5.44	$2,471
Jan 2010	0	512	74.36	5.96	$3,054
Dec 2009	0	663	71.44	5.48	$3,636
Nov 2009	0	626	74.59	3.75	$2,348
Oct 2009	0	803	72.54	4.11	$3,301
Sep 2009	0	935	65.54	3.06	$2,866
Aug 2009	0	727	67.42	3.22	$2,340
Jul 2009	0	777	61.13	3.46	$2,692
Jun 2009	0	840	66.16	3.90	$3,272
May 2009	0	1,027	54.74	3.93	$4,032
Apr 2009	0	942	46.77	3.59	$3,379
Mar 2009	0	1,066	42.14	4.06	$4,327
Feb 2009	0	850	32.81	4.63	$3,938
Jan 2009	0	669	35.86	5.37	$3,593
Dec 2008	0	875	37.10	5.98	$5,230
Nov 2008	0	599	55.49	6.86	$4,109
Oct 2008	0	837	75.24	6.92	$5,794
Sep 2008	0	995	101.76	7.88	$7,838
Aug 2008	0	1,045	114.22	8.48	$8,865
Jul 2008	0	937	131.08	11.39	$10,672
Jun 2008	0	981	131.33	13.03	$12,785
May 2008	0	1,154	123.17	11.57	$13,357
Apr 2008	0	1,091	110.31	10.45	$11,406
Mar 2008	0	1,299	101.90	9.66	$12,554
Feb 2008	0	1,155	92.53	8.77	$10,130
Jan 2008	0	1,306	90.38	8.21	$10,717
Dec 2007	0	1,169	88.33	7.30	$8,536
Nov 2007	0	1,170	91.67	7.29	$8,531
Oct 2007	0	1,014	82.85	6.92	$7,019
Sep 2007	0	995	75.84	6.24	$6,213
Aug 2007	0	1,238	69.06	6.39	$7,908
Jul 2007	0	1,320	70.90	6.39	$8,432
Jun 2007	0	1,335	62.00	7.55	$10,077
May 2007	0	1,453	58.74	7.85	$11,401
Apr 2007	0	1,485	59.61	7.81	$11,591
Mar 2007	0	1,489	56.92	7.30	$10,873
Feb 2007	0	1,490	55.10	8.22	$12,242
Jan 2007	0	1,622	50.30	6.73	$10,911
Dec 2006	0	1,541	56.65	6.92	$10,661
Nov 2006	0	1,526	54.20	7.62	$11,624
Oct 2006	0	1,661	54.90	6.01	$9,989
Sep 2006	0	1,482	60.08	5.04	$7,465
Aug 2006	0	1,686	68.71	7.34	$12,375
Jul 2006	0	1,747	69.37	6.34	$11,081
Jun 2006	0	1,882	66.28	6.38	$12,014
May 2006	0	1,949	66.01	6.42	$12,522
Apr 2006	0	1,317	64.39	7.36	$9,694
Mar 2006	0	1,648	56.70	7.08	$11,673
Feb 2006	0	1,501	57.59	7.75	$11,634
Jan 2006	0	1,669	60.59	8.93	$14,910
Dec 2005	0	1,768	54.94	13.42	$23,718
Nov 2005	0	1,797	54.69	10.59	$19,027
Oct 2005	0	1,889	58.34	13.80	$26,060
Sep 2005	0	1,781	61.45	12.08	$21,513
Aug 2005	0	1,894	61.51	9.80	$18,555
Jul 2005	0	1,918	55.69	7.84	$15,044
Jun 2005	0	1,954	52.33	7.38	$14,423
May 2005	0	1,969	45.22	6.65	$13,096
Apr 2005	0	1,969	49.20	7.36	$14,493
Mar 2005	0	2,104	50.37	7.15	$15,054
Feb 2005	0	1,949	45.22	6.31	$12,302
Jan 2005	0	2,313	43.16	6.32	$14,623
Dec 2004	0	2,098	39.86	6.75	$14,164
Nov 2004	0	2,027	45.28	6.33	$12,832
Oct 2004	0	2,275	49.70	6.52	$14,822
Sep 2004	0	2,219	43.24	5.28	$11,725
Aug 2004	0	1,468	42.37	5.55	$8,148
Jul 2004	0	1,846	38.28	6.08	$11,231
Jun 2004	0	1,724	36.10	6.43	$11,091
May 2004	0	2,070	37.48	6.49	$13,444
Apr 2004	0	2,295	34.47	5.86	$13,445
Mar 2004	0	2,383	34.36	5.53	$13,178
Feb 2004	0	2,708	32.45	5.51	$14,920
Jan 2004	0	3,063	32.03	6.30	$19,296
Dec 2003	0	2,616	30.26	6.30	$16,485
Nov 2003	0	2,864	28.80	4.60	$13,161
Oct 2003	0	2,532	28.17	4.76	$12,051
Sep 2003	0	2,278	26.31	4.75	$10,819
Aug 2003	0	2,346	29.76	5.13	$12,034
Jul 2003	0	3,268	29.41	5.17	$16,898
Jun 2003	0	3,151	28.56	5.98	$18,852
May 2003	0	3,378	26.59	5.97	$20,176
Apr 2003	2	2,801	26.67	5.41	$15,199
Mar 2003	11	4,007	31.14	6.10	$24,769
Feb 2003	29	4,101	33.48	7.93	$33,475
Jan 2003	70	4,202	30.31	5.58	$25,577
Dec 2002	87	4,185	26.91	4.85	$22,654
Nov 2002	94	4,553	24.66	4.14	$21,154
Oct 2002	35	4,525	26.46	4.23	$20,063
Sep 2002	36	4,815	27.44	3.64	$18,491
Aug 2002	36	5,196	25.96	3.16	$17,376
Jul 2002	65	5,040	24.58	3.06	$17,029
Jun 2002	48	5,486	23.73	3.34	$19,453
May 2002	55	5,700	24.66	3.58	$21,785
Apr 2002	40	6,016	23.65	3.51	$22,076
Mar 2002	57	5,126	22.00	3.10	$17,159
Feb 2002	55	5,054	18.22	2.38	$13,009
Jan 2002	73	4,717	17.17	2.38	$12,459
Dec 2001	128	7,416	16.93	2.36	$19,701
Nov 2001	93	7,863	18.07	2.41	$20,595
Oct 2001	0	0	19.78	2.53	$0

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                  122 Mcf  × $  2.69 =       $328

────────────────────────────────────────────────────
Month total                                     $554

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/185869 is the state's own key, not one this site invented.