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 186867District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.0 M
Jan 2002 – Aug 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
224
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 Gas112002-08-28147040
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
CondensateDisposition3,783 bbl$117,164
GasProduction347,771 Mcf$1,878,211
Total$1,995,374

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 28.0395, -99.9056. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.03947, -99.90562 · 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
5,350 ft
1 wells filed one
Completion to plug
18.6 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 5,350 ft.

Completions filed
Jan 2002
1 of 1 wells
Plug dates filed
Aug 2020
1 of 1 wells

Last completion to plug: a median of 18.6 years across the 1 well that filed both dates, with the middle half between 18.6 years and 18.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793795014175,350 ftJan 2002Aug 2020Yes

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 (224)

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

224 months

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 201617045.352.69$233
May 2016010342.521.99$205
Apr 2016015236.561.99$303
Mar 2016022333.011.79$400
Feb 2016018726.472.06$386
Jan 2016018327.352.36$433
Dec 2015121632.362.00$465
Nov 2015020838.792.17$451
Oct 2015033443.552.43$810
Sep 2015026942.992.76$742
Aug 2015023940.162.87$687
Jul 2015120748.152.95$658
Jun 2015017656.152.88$507
May 2015014755.212.96$434
Apr 2015015649.822.71$422
Mar 2015115542.892.93$498
Feb 2015021344.662.98$634
Jan 2015225843.433.10$887
Dec 2014027754.693.59$995
Nov 2014037170.464.25$1,577
Oct 2014472078.303.90$3,122
Sep 2014077686.164.05$3,139
Aug 2014085289.394.04$3,438
Jul 2014482296.564.18$3,822
Jun 2014069098.164.74$3,268
May 2014066794.734.73$3,153
Apr 2014366395.944.81$3,476
Mar 2014076195.895.06$3,848
Feb 2014478097.406.19$5,219
Jan 201401,06590.404.86$5,177
Dec 2013382491.824.35$3,864
Nov 2013064488.853.74$2,407
Oct 2013134097.423.78$1,382
Sep 20131281104.113.72$1,149
Aug 20130320104.253.52$1,127
Jul 20130327102.523.72$1,216
Jun 2013023894.403.93$936
May 2013121394.834.15$979
Apr 2013020993.964.28$895
Mar 2013120893.623.91$908
Feb 2013018791.233.42$640
Jan 2013121591.603.42$827
Dec 2012021886.773.42$746
Nov 2012120686.953.62$834
Oct 2012022589.383.40$765
Sep 2012016394.672.92$476
Aug 2012116592.662.91$573
Jul 2012017585.133.02$529
Jun 2012017379.822.52$436
May 2012117691.612.49$530
Apr 20120178101.652.00$355
Mar 20121201105.052.22$552
Feb 20120157101.102.57$404
Jan 201203798.092.73$101
Dec 2011112096.873.24$486
Nov 2011218595.723.31$804
Oct 2011022184.983.65$806
Sep 2011030483.623.99$1,212
Aug 2011117083.404.15$789
Jul 2011014394.144.52$646
Jun 2011075392.904.64$3,494
May 2011117998.134.40$887
Apr 20110209105.964.33$906
Mar 2011018296.364.06$738
Feb 2011025685.644.18$1,070
Jan 2011024086.504.59$1,101
Dec 2010023685.734.35$1,026
Nov 2010031180.843.80$1,180
Oct 2010029578.103.51$1,035
Sep 2010014472.633.98$573
Aug 2010016173.684.42$712
Jul 2010025072.554.74$1,184
Jun 2010064770.364.91$3,177
May 2010046471.124.24$1,965
Apr 2010025381.694.12$1,043
Mar 2010025178.394.39$1,102
Feb 2010026773.585.44$1,453
Jan 2010036474.365.96$2,171
Dec 2009050171.445.48$2,747
Nov 2009059674.593.75$2,236
Oct 2009035472.544.11$1,455
Sep 2009029365.543.06$898
Aug 2009027167.423.22$872
Jul 2009024161.133.46$835
Jun 2009024666.163.90$958
May 2009025454.743.93$997
Apr 2009026746.773.59$958
Mar 2009026442.144.06$1,072
Feb 2009024632.814.63$1,140
Jan 2009034135.865.37$1,832
Dec 2008032237.105.98$1,925
Nov 2008027055.496.86$1,852
Oct 2008026375.246.92$1,820
Sep 20080356101.767.88$2,804
Aug 20080282114.228.48$2,392
Jul 20080313131.0811.39$3,565
Jun 20080333131.3313.03$4,340
May 20080224123.1711.57$2,593
Apr 20080368110.3110.45$3,847
Mar 200801,068101.909.66$10,321
Feb 2008047492.538.77$4,157
Jan 2008092590.388.21$7,590
Dec 200701,62988.337.30$11,895
Nov 200701,27791.677.29$9,312
Oct 200701,61082.856.92$11,144
Sep 200701,80175.846.24$11,246
Aug 200701,77169.066.39$11,313
Jul 200702,69670.906.39$17,222
Jun 200701,84562.007.55$13,927
May 200701,47458.747.85$11,565
Apr 200701,46759.617.81$11,450
Mar 200701,47056.927.30$10,734
Feb 200701,40455.108.22$11,535
Jan 200701,60450.306.73$10,790
Dec 200601,58156.656.92$10,938
Nov 200601,46654.207.62$11,167
Oct 200601,76654.906.01$10,620
Sep 200601,69160.085.04$8,518
Aug 200601,43368.717.34$10,518
Jul 200602,30969.376.34$14,645
Jun 200602,29166.286.38$14,625
May 200603,54466.016.42$22,770
Apr 200602,42264.397.36$17,827
Mar 200601,83156.707.08$12,969
Feb 200601,69357.597.75$13,123
Jan 200601,85060.598.93$16,527
Dec 200512,13354.9413.42$28,670
Nov 200512,18754.6910.59$23,212
Oct 200572,43358.3413.80$33,973
Sep 2005202,37161.4512.08$29,868
Aug 2005212,41161.519.80$24,912
Jul 2005112,34255.697.84$18,982
Jun 2005142,53152.337.38$19,414
May 2005552,54745.226.65$19,428
Apr 2005532,62149.207.36$21,899
Mar 2005512,69850.377.15$21,873
Feb 2005822,45645.226.31$19,210
Jan 2005522,92943.166.32$20,762
Dec 2004582,91539.866.75$21,991
Nov 2004412,94145.286.33$20,474
Oct 2004943,48249.706.52$27,357
Sep 2004273,10743.245.28$17,585
Aug 200403,70142.375.55$20,543
Jul 20041023,62638.286.08$25,966
Jun 2004323,59236.106.43$24,263
May 2004363,64137.486.49$24,996
Apr 2004353,97334.475.86$24,482
Mar 2004624,29334.365.53$25,871
Feb 2004924,34532.455.51$26,925
Jan 20041865,37732.036.30$39,831
Dec 20031054,89030.266.30$33,992
Nov 2003105,20628.804.60$24,210
Oct 2003205,49828.174.76$26,732
Sep 200395,10526.314.75$24,482
Aug 200355,90429.765.13$30,435
Jul 200346,40829.415.17$33,252
Jun 200347,13128.565.98$42,779
May 2003116,20926.595.97$37,377
Apr 2003146,83226.675.41$37,316
Mar 2003539,57631.146.10$60,026
Feb 2003907,97833.487.93$66,246
Jan 20032059,12230.315.58$57,133
Dec 20022699,60526.914.85$53,859
Nov 200229710,64324.664.14$51,354
Oct 20021069,99226.464.23$45,062
Sep 200212011,19627.443.64$43,993
Aug 200211712,27725.963.16$41,884
Jul 200220010,91424.583.06$38,332
Jun 200214711,51723.733.34$41,935
May 200219210,16524.663.58$41,166
Apr 200218612,86123.653.51$49,571
Mar 200243516,03622.003.10$59,325
Feb 20021343218.222.38$1,263
Jan 20020017.172.38$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             1 bbl  × $ 45.35 =        $45
Gas                   70 Mcf  × $  2.69 =       $188

────────────────────────────────────────────────────
Month total                                     $233

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/186867 is the state's own key, not one this site invented.