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 189032District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.9 M
May 2002 – Sep 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
221
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 Gas112002-07-10148313
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
CondensateDisposition100 bbl$8,401
GasProduction347,773 Mcf$1,850,913
Total$1,859,314

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 28.0525, -99.9094. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.05253, -99.90940 · 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
5,375 ft
1 wells filed one
Completion to plug
18.3 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 5,375 ft.

Completions filed
May 2002
1 of 1 wells
Plug dates filed
Sep 2020
1 of 1 wells

Last completion to plug: a median of 18.3 years across the 1 well that filed both dates, with the middle half between 18.3 years and 18.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793799150165,375 ftMay 2002Sep 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 (221)

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

221 months

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 2016512645.352.69$565
May 2016046842.521.99$932
Apr 2016049436.561.99$984
Mar 2016043233.011.79$775
Feb 2016061926.472.06$1,277
Jan 2016067027.352.36$1,584
Dec 2015475332.362.00$1,637
Nov 2015060138.792.17$1,303
Oct 2015030243.552.43$733
Sep 2015057642.992.76$1,589
Aug 2015041940.162.87$1,204
Jul 2015326948.152.95$937
Jun 2015044456.152.88$1,280
May 2015060255.212.96$1,779
Apr 2015040649.822.71$1,099
Mar 2015452342.892.93$1,706
Feb 2015051644.662.98$1,536
Jan 2015464743.433.10$2,180
Dec 2014078954.693.59$2,834
Nov 2014064670.464.25$2,747
Oct 2014480478.303.90$3,450
Sep 2014079786.164.05$3,224
Aug 2014085189.394.04$3,434
Jul 2014481896.564.18$3,805
Jun 2014080398.164.74$3,804
May 2014089594.734.73$4,230
Apr 2014487195.944.81$4,573
Mar 2014076395.895.06$3,858
Feb 2014485897.406.19$5,702
Jan 201401,07890.404.86$5,240
Dec 201341,00291.824.35$4,730
Nov 2013096288.853.74$3,596
Oct 2013485097.423.78$3,602
Sep 201341,150104.113.72$4,692
Aug 201301,301104.253.52$4,583
Jul 201301,244102.523.72$4,625
Jun 201301,07394.403.93$4,221
May 201341,09694.834.15$4,927
Apr 201301,04193.964.28$4,458
Mar 201341,03893.623.91$4,436
Feb 2013094091.233.42$3,215
Jan 201341,09291.603.42$4,101
Dec 201201,12586.773.42$3,848
Nov 201241,04286.953.62$4,125
Oct 201201,14489.383.40$3,889
Sep 2012095394.672.92$2,781
Aug 2012498592.662.91$3,235
Jul 201221,01785.133.02$3,242
Jun 201201,01079.822.52$2,544
May 201241,03591.612.49$2,942
Apr 201201,046101.652.00$2,089
Mar 201251,100105.052.22$2,970
Feb 201201,757101.102.57$4,516
Jan 201271,90298.092.73$5,887
Dec 201162,01496.873.24$7,106
Nov 201142,11195.723.31$7,373
Oct 201101,63984.983.65$5,980
Sep 201101,03583.623.99$4,125
Aug 201121,33283.404.15$5,694
Jul 201101,06794.144.52$4,820
Jun 2011174192.904.64$3,531
May 2011144198.134.40$2,041
Apr 20110454105.964.33$1,967
Mar 2011051096.364.06$2,069
Feb 2011028785.644.18$1,200
Jan 2011037686.504.59$1,725
Dec 2010020285.734.35$878
Nov 2010031680.843.80$1,199
Oct 2010022478.103.51$786
Sep 2010052272.633.98$2,077
Aug 2010047373.684.42$2,090
Jul 2010047372.554.74$2,240
Jun 201001,03570.364.91$5,082
May 2010096971.124.24$4,104
Apr 2010092181.694.12$3,797
Mar 2010096078.394.39$4,213
Feb 2010090673.585.44$4,931
Jan 201001,09174.365.96$6,507
Dec 2009088271.445.48$4,837
Nov 2009054174.593.75$2,030
Oct 2009067272.544.11$2,762
Sep 2009084365.543.06$2,584
Aug 2009073767.423.22$2,372
Jul 2009054661.133.46$1,892
Jun 2009058266.163.90$2,267
May 2009054754.743.93$2,147
Apr 2009077246.773.59$2,770
Mar 2009064142.144.06$2,602
Feb 2009055132.814.63$2,553
Jan 200901,42235.865.37$7,638
Dec 2008072837.105.98$4,351
Nov 200801,49455.496.86$10,249
Oct 200801,14275.246.92$7,905
Sep 20080773101.767.88$6,089
Aug 20080827114.228.48$7,015
Jul 20080647131.0811.39$7,369
Jun 20080706131.3313.03$9,201
May 20080806123.1711.57$9,329
Apr 20080641110.3110.45$6,702
Mar 200801,255101.909.66$12,128
Feb 200801,47092.538.77$12,893
Jan 200801,84190.388.21$15,107
Dec 200701,11988.337.30$8,171
Nov 2007068991.677.29$5,024
Oct 2007096382.856.92$6,666
Sep 200701,11575.846.24$6,962
Aug 200701,20369.066.39$7,685
Jul 200702,16870.906.39$13,849
Jun 200702,54062.007.55$19,173
May 200701,53558.747.85$12,044
Apr 200701,86059.617.81$14,518
Mar 200702,37256.927.30$17,320
Feb 200702,02155.108.22$16,605
Jan 200702,87350.306.73$19,326
Dec 200602,48256.656.92$17,172
Nov 200602,97154.207.62$22,632
Oct 200603,70054.906.01$22,251
Sep 200604,32260.085.04$21,771
Aug 200604,71268.717.34$34,586
Jul 200602,15769.376.34$13,681
Jun 200602,29166.286.38$14,625
May 200602,85566.016.42$18,343
Apr 200603,00264.397.36$22,096
Mar 200604,53656.707.08$32,128
Feb 200605,18357.597.75$40,174
Jan 200604,40960.598.93$39,387
Dec 200501,71354.9413.42$22,981
Nov 200501,81654.6910.59$19,229
Oct 200501,81458.3413.80$25,026
Sep 200501,88061.4512.08$22,709
Aug 200501,44761.519.80$14,176
Jul 200501,88255.697.84$14,762
Jun 200501,62352.337.38$11,979
May 200501,84245.226.65$12,251
Apr 200501,79249.207.36$13,190
Mar 200501,93550.377.15$13,845
Feb 200501,85545.226.31$11,709
Jan 200502,16643.166.32$13,694
Dec 200402,11139.866.75$14,252
Nov 200402,10945.286.33$13,351
Oct 200402,52549.706.52$16,451
Sep 200403,21943.245.28$17,009
Aug 200402,26742.375.55$12,583
Jul 200402,90838.286.08$17,693
Jun 200402,42336.106.43$15,587
May 200402,69737.486.49$17,516
Apr 200402,88934.475.86$16,925
Mar 200403,24134.365.53$17,923
Feb 200403,37332.455.51$18,584
Jan 200404,00932.036.30$25,255
Dec 200302,97230.266.30$18,728
Nov 200304,07828.804.60$18,739
Oct 200304,01228.174.76$19,096
Sep 200304,18426.314.75$19,871
Aug 200303,60629.765.13$18,498
Jul 200305,04329.415.17$26,077
Jun 200305,35728.565.98$32,051
May 2003078626.595.97$4,695
Apr 200303,95026.675.41$21,359
Mar 200306,10431.146.10$37,210
Feb 200305,66033.487.93$44,860
Jan 200307,42230.315.58$41,430
Dec 200206,36826.914.85$30,909
Nov 200207,46924.664.14$30,899
Oct 200207,80626.464.23$33,013
Sep 2002010,14727.443.64$36,886
Aug 2002013,76525.963.16$43,555
Jul 2002015,53024.583.06$47,549
Jun 2002019,81623.733.34$66,151
May 200208,17424.663.58$29,296

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                  126 Mcf  × $  2.69 =       $338

────────────────────────────────────────────────────
Month total                                     $565

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/189032 is the state's own key, not one this site invented.