PETTY RANCH

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 186831District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.4 M
Dec 2001 – Jul 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
236
no gaps in the span
Streams
2
condensate, gas

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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112002-07-12148384
NGPA1none

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.

StreamBasisVolumeValue
CondensateDisposition3,495 bbl$146,468
GasProduction219,205 Mcf$1,215,931
Total$1,362,399

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 28.0539, -99.8856. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.05385, -99.88557 · centre of the wells drawn, derived

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
5,428 ft
1 wells filed one
Completion to plug
19.6 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 5,428 ft.

Completions filed
Dec 2001
1 of 1 wells
Plug dates filed
Jul 2021
1 of 1 wells

Last completion to plug: a median of 19.6 years across the 1 well that filed both dates, with the middle half between 19.6 years and 19.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793796211215,428 ftDec 2001Jul 2021Yes

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 (236)

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

236 months

Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 201648345.352.69$404
May 2016056942.521.99$1,133
Apr 2016053636.561.99$1,067
Mar 2016032633.011.79$585
Feb 2016033526.472.06$691
Jan 2016035327.352.36$835
Dec 2015237632.362.00$817
Nov 2015034538.792.17$748
Oct 2015035543.552.43$861
Sep 2015038742.992.76$1,068
Aug 2015041040.162.87$1,178
Jul 2015337048.152.95$1,234
Jun 2015037656.152.88$1,084
May 2015038155.212.96$1,126
Apr 2015041849.822.71$1,131
Mar 2015348742.892.93$1,558
Feb 2015044044.662.98$1,310
Jan 2015340043.433.10$1,371
Dec 2014051554.693.59$1,850
Nov 2014046670.464.25$1,981
Oct 2014352678.303.90$2,287
Sep 2014051186.164.05$2,067
Aug 2014060489.394.04$2,437
Jul 2014361696.564.18$2,864
Jun 2014060698.164.74$2,871
May 2014067194.734.73$3,172
Apr 2014366795.944.81$3,496
Mar 2014075995.895.06$3,838
Feb 2014480297.406.19$5,356
Jan 201401,06590.404.86$5,177
Dec 2013376391.824.35$3,598
Nov 2013062588.853.74$2,336
Oct 2013249697.423.78$2,069
Sep 20132577104.113.72$2,353
Aug 20130617104.253.52$2,173
Jul 20130504102.523.72$1,874
Jun 2013080794.403.93$3,174
May 201341,10994.834.15$4,981
Apr 201301,04293.964.28$4,462
Mar 201341,03593.623.91$4,424
Feb 2013093291.233.42$3,187
Jan 201341,09291.603.42$4,101
Dec 201201,12586.773.42$3,848
Nov 201241,04886.953.62$4,147
Oct 201201,15089.383.40$3,910
Sep 2012099694.672.92$2,907
Aug 2012498492.662.91$3,232
Jul 201221,01485.133.02$3,233
Jun 201201,02179.822.52$2,572
May 201241,01791.612.49$2,897
Apr 201201,041101.652.00$2,079
Mar 201231,104105.052.22$2,768
Feb 20120786101.102.57$2,020
Jan 2012263598.092.73$1,932
Dec 2011254396.873.24$1,953
Nov 2011273095.723.31$2,609
Oct 2011072184.983.65$2,631
Sep 201101,03883.623.99$4,137
Aug 2011161083.404.15$2,614
Jul 2011053794.144.52$2,426
Jun 2011175592.904.64$3,596
May 2011149198.134.40$2,261
Apr 20110499105.964.33$2,162
Mar 2011050396.364.06$2,041
Feb 2011028685.644.18$1,195
Jan 2011048486.504.59$2,221
Dec 2010048485.734.35$2,104
Nov 2010033780.843.80$1,279
Oct 2010047778.103.51$1,674
Sep 2010039272.633.98$1,560
Aug 201001,10173.684.42$4,866
Jul 2010094972.554.74$4,495
Jun 2010077670.364.91$3,810
May 2010072671.124.24$3,075
Apr 2010069081.694.12$2,845
Mar 2010069978.394.39$3,068
Feb 2010070673.585.44$3,842
Jan 2010079374.365.96$4,730
Dec 2009085671.445.48$4,694
Nov 2009083574.593.75$3,133
Oct 2009070672.544.11$2,902
Sep 2009093465.543.06$2,862
Aug 2009080567.423.22$2,591
Jul 2009094461.133.46$3,270
Jun 2009079866.163.90$3,108
May 2009088354.743.93$3,466
Apr 2009074846.773.59$2,683
Mar 2009093242.144.06$3,783
Feb 2009061732.814.63$2,859
Jan 2009086135.865.37$4,624
Dec 2008086037.105.98$5,140
Nov 2008061955.496.86$4,247
Oct 2008081975.246.92$5,669
Sep 20080962101.767.88$7,578
Aug 20080834114.228.48$7,075
Jul 20080912131.0811.39$10,387
Jun 20080986131.3313.03$12,850
May 200801,103123.1711.57$12,766
Apr 20080948110.3110.45$9,911
Mar 200801,014101.909.66$9,799
Feb 2008097392.538.77$8,534
Jan 200801,03190.388.21$8,460
Dec 200701,06088.337.30$7,740
Nov 200701,09091.677.29$7,948
Oct 200701,10382.856.92$7,635
Sep 2007094275.846.24$5,882
Aug 2007098169.066.39$6,267
Jul 200701,18870.906.39$7,589
Jun 200701,20662.007.55$9,103
May 200701,26958.747.85$9,957
Apr 200701,31659.617.81$10,272
Mar 200701,47156.927.30$10,741
Feb 200701,28455.108.22$10,549
Jan 200701,46650.306.73$9,862
Dec 200601,56156.656.92$10,800
Nov 200601,60654.207.62$12,234
Oct 200601,66154.906.01$9,989
Sep 200601,69260.085.04$8,523
Aug 200601,38668.717.34$10,173
Jul 200601,87869.376.34$11,912
Jun 200601,78866.286.38$11,414
May 200602,34366.016.42$15,054
Apr 200602,48064.397.36$18,254
Mar 200603,19456.707.08$22,623
Feb 200612,89757.597.75$22,513
Jan 200633,73760.598.93$33,566
Dec 200563,42854.9413.42$46,318
Nov 2005122,50254.6910.59$27,148
Oct 2005582,86158.3413.80$42,853
Sep 20051922,76361.4512.08$45,173
Aug 20051892,99561.519.80$40,967
Jul 2005833,81855.697.84$34,569
Jun 2005834,58852.337.38$38,208
May 200511856345.226.65$9,081
Apr 200513382149.207.36$12,587
Mar 200511769150.377.15$10,837
Feb 200519869545.226.31$13,340
Jan 200512278843.166.32$10,247
Dec 200412876539.866.75$10,267
Nov 20049167345.286.33$8,381
Oct 200421490049.706.52$16,499
Sep 2004601,06543.245.28$8,222
Aug 2004096542.375.55$5,356
Jul 200420597838.286.08$13,798
Jun 20046286136.106.43$7,777
May 20046993537.486.49$8,659
Apr 20046185234.475.86$7,094
Mar 200410891234.365.53$8,754
Feb 200416697432.455.51$10,753
Jan 20043361,25532.036.30$18,668
Dec 20031511,02730.266.30$11,041
Nov 200301,24228.804.60$5,707
Oct 200301,21328.174.76$5,773
Sep 200301,41426.314.75$6,716
Aug 200301,43729.765.13$7,371
Jul 200301,68629.415.17$8,718
Jun 200301,25128.565.98$7,485
May 2003085726.595.97$5,119
Apr 200301,51026.675.41$8,165
Mar 200302,02431.146.10$12,338
Feb 200301,94433.487.93$15,408
Jan 200302,05630.315.58$11,477
Dec 200201,97626.914.85$9,591
Nov 200202,38024.664.14$9,846
Oct 200202,67326.464.23$11,304
Sep 200212,85227.443.64$10,395
Aug 200223,29925.963.16$10,490
Jul 2002113,72924.583.06$11,688
Jun 2002383,04423.733.34$11,063
May 2002523,33724.663.58$13,242
Apr 2002575,18623.653.51$19,563
Mar 20021317,68522.003.10$26,726
Feb 200215814,26918.222.38$36,777
Jan 2002628517.172.38$780
Dec 20010016.932.36$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             4 bbl  × $ 45.35 =       $181
Gas                   83 Mcf  × $  2.69 =       $223

────────────────────────────────────────────────────
Month total                                     $404

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/186831 is the state's own key, not one this site invented.