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 188709District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.0 M
Apr 2002 – Jul 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
208
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 Gas112002-07-10148314
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
CondensateDisposition356 bbl$15,421
GasProduction522,362 Mcf$2,968,161
Total$2,983,582

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 28.0361, -99.8942. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.03615, -99.89420 · 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
5,400 ft
1 wells filed one
Completion to plug
17.3 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
Apr 2002
1 of 1 wells
Plug dates filed
Jul 2019
1 of 1 wells

Last completion to plug: a median of 17.3 years across the 1 well that filed both dates, with the middle half between 17.3 years and 17.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793801315175,400 ftApr 2002Jul 2019Yes

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 (208)

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

208 months

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 201646045.352.69$343
May 2016055042.521.99$1,095
Apr 2016062736.561.99$1,248
Mar 2016035033.011.79$628
Feb 2016032326.472.06$667
Jan 2016035827.352.36$846
Dec 2015356732.362.00$1,232
Nov 2015048238.792.17$1,045
Oct 2015054843.552.43$1,330
Sep 2015047542.992.76$1,310
Aug 2015058540.162.87$1,680
Jul 2015681748.152.95$2,695
Jun 201501,15156.152.88$3,318
May 201501,03555.212.96$3,059
Apr 201501,00449.822.71$2,717
Mar 2015592942.892.93$2,941
Feb 2015082244.662.98$2,446
Jan 2015563743.433.10$2,192
Dec 2014077454.693.59$2,780
Nov 2014088270.464.25$3,750
Oct 2014493078.303.90$3,941
Sep 2014078786.164.05$3,184
Aug 2014085989.394.04$3,466
Jul 2014480196.564.18$3,734
Jun 2014079998.164.74$3,785
May 2014088994.734.73$4,202
Apr 2014486195.944.81$4,524
Mar 2014098895.895.06$4,996
Feb 2014594597.406.19$6,338
Jan 201401,06890.404.86$5,191
Dec 2013499491.824.35$4,696
Nov 2013095688.853.74$3,574
Oct 2013495897.423.78$4,010
Sep 201341,131104.113.72$4,621
Aug 201301,313104.253.52$4,625
Jul 201301,279102.523.72$4,755
Jun 201301,06194.403.93$4,173
May 201341,10194.834.15$4,947
Apr 201301,04893.964.28$4,488
Mar 201341,03493.623.91$4,420
Feb 2013093791.233.42$3,204
Jan 201341,10491.603.42$4,142
Dec 201201,12786.773.42$3,855
Nov 201241,05286.953.62$4,161
Oct 201201,13589.383.40$3,859
Sep 2012099794.672.92$2,910
Aug 201241,00392.662.91$3,288
Jul 201221,02285.133.02$3,258
Jun 201201,01179.822.52$2,547
May 201241,02291.612.49$2,910
Apr 201201,053101.652.00$2,103
Mar 201241,142105.052.22$2,958
Feb 201201,283101.102.57$3,298
Jan 201241,17898.092.73$3,613
Dec 201151,45796.873.24$5,205
Nov 201151,37595.723.31$5,032
Oct 201101,62784.983.65$5,936
Sep 2011098483.623.99$3,922
Aug 201131,48983.404.15$6,429
Jul 201101,77894.144.52$8,032
Jun 2011275992.904.64$3,707
May 201131,51098.134.40$6,946
Apr 201101,662105.964.33$7,202
Mar 201102,07596.364.06$8,419
Feb 2011089585.644.18$3,741
Jan 201101,51586.504.59$6,952
Dec 201001,52885.734.35$6,643
Nov 201002,00780.843.80$7,617
Oct 201001,90578.103.51$6,684
Sep 201001,27772.633.98$5,082
Aug 201003,03973.684.42$13,430
Jul 201002,67872.554.74$12,684
Jun 201002,53070.364.91$12,423
May 201002,36971.124.24$10,033
Apr 201002,25081.694.12$9,276
Mar 201002,31678.394.39$10,164
Feb 201002,43273.585.44$13,236
Jan 201002,92474.365.96$17,439
Dec 200903,36071.445.48$18,425
Nov 200903,50274.593.75$13,138
Oct 200902,49272.544.11$10,243
Sep 200903,29765.543.06$10,104
Aug 200903,85367.423.22$12,401
Jul 200903,97761.133.46$13,778
Jun 200903,10966.163.90$12,110
May 200902,28154.743.93$8,955
Apr 200902,15046.773.59$7,713
Mar 200902,54642.144.06$10,334
Feb 200902,96532.814.63$13,737
Jan 200902,51335.865.37$13,497
Dec 200802,14437.105.98$12,815
Nov 200802,21755.496.86$15,209
Oct 200802,17175.246.92$15,028
Sep 200801,987101.767.88$15,652
Aug 200801,802114.228.48$15,286
Jul 200801,701131.0811.39$19,373
Jun 200801,871131.3313.03$24,384
May 200802,239123.1711.57$25,915
Apr 200802,387110.3110.45$24,956
Mar 200802,899101.909.66$28,016
Feb 200802,50192.538.77$21,935
Jan 200803,51490.388.21$28,835
Dec 200703,01388.337.30$22,001
Nov 200703,30591.677.29$24,099
Oct 200702,36482.856.92$16,364
Sep 200702,74475.846.24$17,134
Aug 200703,73169.066.39$23,833
Jul 200704,31870.906.39$27,583
Jun 200704,09362.007.55$30,896
May 200704,66658.747.85$36,611
Apr 200703,76159.617.81$29,355
Mar 200703,69656.927.30$26,988
Feb 200703,56255.108.22$29,265
Jan 200704,02750.306.73$27,089
Dec 200604,08456.656.92$28,255
Nov 200604,05454.207.62$30,881
Oct 200605,42154.906.01$32,601
Sep 200605,36560.085.04$27,025
Aug 200602,74968.717.34$20,177
Jul 200603,08669.376.34$19,574
Jun 200603,93166.286.38$25,095
May 200605,57266.016.42$35,800
Apr 2006054464.397.36$4,004
Mar 200602,15656.707.08$15,271
Feb 200602,49557.597.75$19,339
Jan 200602,77660.598.93$24,799
Dec 200503,06254.9413.42$41,078
Nov 200503,20654.6910.59$33,946
Oct 200502,61058.3413.80$36,007
Sep 200502,67761.4512.08$32,335
Aug 200503,81861.519.80$37,404
Jul 200503,74555.697.84$29,374
Jun 200501,81652.337.38$13,404
May 200502,47745.226.65$16,475
Apr 200502,85549.207.36$21,014
Mar 200503,17550.377.15$22,717
Feb 200502,46445.226.31$15,553
Jan 200502,93243.166.32$18,537
Dec 200403,75139.866.75$25,323
Nov 200403,89545.286.33$24,657
Oct 200405,13749.706.52$33,468
Sep 200405,02043.245.28$26,525
Aug 200405,61842.375.55$31,184
Jul 200405,86338.286.08$35,672
Jun 200406,32936.106.43$40,715
May 200407,53737.486.49$48,950
Apr 200408,10034.475.86$47,454
Mar 200408,75334.365.53$48,405
Feb 200408,95932.455.51$49,361
Jan 200418,41432.036.30$53,037
Dec 200327,80830.266.30$49,264
Nov 2003112,90628.804.60$59,334
Oct 2003714,59628.174.76$69,669
Sep 20034213,96026.314.75$67,406
Aug 20031613,59129.765.13$70,194
Jul 20031814,49129.415.17$75,460
Jun 20032214,54328.565.98$87,639
May 20033914,19426.595.97$85,813
Apr 20032011,48126.675.41$62,614
Mar 200328,19131.146.10$49,995
Feb 200331,62333.487.93$12,964
Jan 200352,34930.315.58$13,264
Dec 200272,25326.914.85$11,124
Nov 2002103,68024.664.14$15,471
Oct 200243,47226.464.23$14,789
Sep 200254,24127.443.64$15,554
Aug 200254,47025.963.16$14,274
Jul 200284,04424.583.06$12,578
Jun 200295,36923.733.34$18,137
May 2002228,43424.663.58$30,770
Apr 200243,23723.653.51$11,464

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                   60 Mcf  × $  2.69 =       $161

────────────────────────────────────────────────────
Month total                                     $343

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/188709 is the state's own key, not one this site invented.