PETTY RANCH

Name: PETTY RANCH lease production and value, Dec 2003 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 199522District 04Field 355665002 tax incentive programmesCondensateGasSave Export

Value, all time

$1.3 M

Dec 2003 – Jun 2019

Value, last 12 filed months

at the published price for each month

Months reported

187

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	2004-04-29	156512
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	92 bbl	$7,847
Gas	Production	225,678 Mcf	$1,338,197
Total			$1,346,044

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 28.0479, -99.8602. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.04794, -99.86024 · 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

5,500 ft

1 wells filed one

Completion to plug

15.5 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 5,500 ft.

Completions filed

Dec 2003

1 of 1 wells

Plug dates filed

Jun 2019

1 of 1 wells

Last completion to plug: a median of 15.5 years across the 1 well that filed both dates, with the middle half between 15.5 years and 15.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47938530	1219	5,500 ft	Dec 2003	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 (187)

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

187 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	1	24	45.35	2.69	$110
May 2016	0	106	42.52	1.99	$211
Apr 2016	0	131	36.56	1.99	$261
Mar 2016	0	192	33.01	1.79	$344
Feb 2016	0	154	26.47	2.06	$318
Jan 2016	0	152	27.35	2.36	$359
Dec 2015	1	187	32.36	2.00	$407
Nov 2015	0	123	38.79	2.17	$267
Oct 2015	0	200	43.55	2.43	$485
Sep 2015	0	170	42.99	2.76	$469
Aug 2015	0	166	40.16	2.87	$477
Jul 2015	3	178	48.15	2.95	$669
Jun 2015	0	160	56.15	2.88	$461
May 2015	0	137	55.21	2.96	$405
Apr 2015	0	924	49.82	2.71	$2,501
Mar 2015	5	871	42.89	2.93	$2,771
Feb 2015	0	823	44.66	2.98	$2,449
Jan 2015	5	626	43.43	3.10	$2,158
Dec 2014	0	843	54.69	3.59	$3,028
Nov 2014	0	1,018	70.46	4.25	$4,328
Oct 2014	4	908	78.30	3.90	$3,855
Sep 2014	0	787	86.16	4.05	$3,184
Aug 2014	0	834	89.39	4.04	$3,365
Jul 2014	4	828	96.56	4.18	$3,847
Jun 2014	0	798	98.16	4.74	$3,780
May 2014	0	868	94.73	4.73	$4,103
Apr 2014	4	874	95.94	4.81	$4,587
Mar 2014	0	940	95.89	5.06	$4,753
Feb 2014	4	927	97.40	6.19	$6,130
Jan 2014	0	1,062	90.40	4.86	$5,162
Dec 2013	4	1,006	91.82	4.35	$4,748
Nov 2013	0	971	88.85	3.74	$3,630
Oct 2013	4	851	97.42	3.78	$3,606
Sep 2013	4	1,149	104.11	3.72	$4,688
Aug 2013	0	1,276	104.25	3.52	$4,495
Jul 2013	0	1,205	102.52	3.72	$4,480
Jun 2013	0	1,034	94.40	3.93	$4,067
May 2013	4	1,103	94.83	4.15	$4,956
Apr 2013	0	1,048	93.96	4.28	$4,488
Mar 2013	4	1,015	93.62	3.91	$4,346
Feb 2013	0	918	91.23	3.42	$3,139
Jan 2013	4	1,086	91.60	3.42	$4,080
Dec 2012	0	1,121	86.77	3.42	$3,834
Nov 2012	4	1,054	86.95	3.62	$4,169
Oct 2012	0	1,137	89.38	3.40	$3,865
Sep 2012	0	1,000	94.67	2.92	$2,918
Aug 2012	4	999	92.66	2.91	$3,276
Jul 2012	2	1,014	85.13	3.02	$3,233
Jun 2012	0	1,018	79.82	2.52	$2,564
May 2012	4	1,022	91.61	2.49	$2,910
Apr 2012	0	1,048	101.65	2.00	$2,093
Mar 2012	4	1,137	105.05	2.22	$2,947
Feb 2012	0	1,049	101.10	2.57	$2,696
Jan 2012	4	1,080	98.09	2.73	$3,345
Dec 2011	3	1,053	96.87	3.24	$3,702
Nov 2011	3	977	95.72	3.31	$3,522
Oct 2011	0	933	84.98	3.65	$3,404
Sep 2011	0	1,183	83.62	3.99	$4,715
Aug 2011	3	1,048	83.40	4.15	$4,599
Jul 2011	0	1,124	94.14	4.52	$5,077
Jun 2011	2	1,275	92.90	4.64	$6,102
May 2011	2	3,733	98.13	4.40	$16,639
Apr 2011	0	998	105.96	4.33	$4,325
Mar 2011	0	1,449	96.36	4.06	$5,879
Feb 2011	0	893	85.64	4.18	$3,733
Jan 2011	0	1,524	86.50	4.59	$6,993
Dec 2010	0	985	85.73	4.35	$4,283
Nov 2010	0	1,153	80.84	3.80	$4,376
Oct 2010	0	1,164	78.10	3.51	$4,084
Sep 2010	0	537	72.63	3.98	$2,137
Aug 2010	0	635	73.68	4.42	$2,806
Jul 2010	0	1,122	72.55	4.74	$5,314
Jun 2010	0	1,060	70.36	4.91	$5,205
May 2010	0	993	71.12	4.24	$4,206
Apr 2010	0	944	81.69	4.12	$3,892
Mar 2010	0	961	78.39	4.39	$4,218
Feb 2010	0	901	73.58	5.44	$4,904
Jan 2010	2	1,035	74.36	5.96	$6,322
Dec 2009	0	1,097	71.44	5.48	$6,016
Nov 2009	0	1,287	74.59	3.75	$4,828
Oct 2009	0	1,159	72.54	4.11	$4,764
Sep 2009	0	996	65.54	3.06	$3,052
Aug 2009	0	1,165	67.42	3.22	$3,750
Jul 2009	0	695	61.13	3.46	$2,408
Jun 2009	0	1,275	66.16	3.90	$4,966
May 2009	0	1,337	54.74	3.93	$5,249
Apr 2009	0	833	46.77	3.59	$2,988
Mar 2009	0	1,177	42.14	4.06	$4,777
Feb 2009	0	955	32.81	4.63	$4,425
Jan 2009	0	1,267	35.86	5.37	$6,805
Dec 2008	0	902	37.10	5.98	$5,391
Nov 2008	0	1,000	55.49	6.86	$6,860
Oct 2008	0	1,138	75.24	6.92	$7,877
Sep 2008	0	1,144	101.76	7.88	$9,011
Aug 2008	0	777	114.22	8.48	$6,591
Jul 2008	0	973	131.08	11.39	$11,082
Jun 2008	0	924	131.33	13.03	$12,042
May 2008	0	1,157	123.17	11.57	$13,391
Apr 2008	0	881	110.31	10.45	$9,211
Mar 2008	0	1,095	101.90	9.66	$10,582
Feb 2008	0	1,102	92.53	8.77	$9,665
Jan 2008	0	1,312	90.38	8.21	$10,766
Dec 2007	0	1,193	88.33	7.30	$8,711
Nov 2007	0	1,209	91.67	7.29	$8,816
Oct 2007	0	1,137	82.85	6.92	$7,870
Sep 2007	0	1,046	75.84	6.24	$6,531
Aug 2007	0	1,134	69.06	6.39	$7,244
Jul 2007	0	1,207	70.90	6.39	$7,710
Jun 2007	0	1,151	62.00	7.55	$8,688
May 2007	0	1,351	58.74	7.85	$10,600
Apr 2007	0	1,486	59.61	7.81	$11,599
Mar 2007	0	1,508	56.92	7.30	$11,011
Feb 2007	0	1,234	55.10	8.22	$10,139
Jan 2007	0	1,388	50.30	6.73	$9,337
Dec 2006	0	1,382	56.65	6.92	$9,561
Nov 2006	0	1,345	54.20	7.62	$10,246
Oct 2006	0	1,660	54.90	6.01	$9,983
Sep 2006	0	1,461	60.08	5.04	$7,359
Aug 2006	0	1,848	68.71	7.34	$13,564
Jul 2006	0	2,050	69.37	6.34	$13,003
Jun 2006	0	2,794	66.28	6.38	$17,837
May 2006	0	5,374	66.01	6.42	$34,528
Apr 2006	0	2,344	64.39	7.36	$17,253
Mar 2006	0	1,851	56.70	7.08	$13,110
Feb 2006	0	1,780	57.59	7.75	$13,797
Jan 2006	0	2,013	60.59	8.93	$17,983
Dec 2005	0	2,170	54.94	13.42	$29,111
Nov 2005	0	1,908	54.69	10.59	$20,203
Oct 2005	0	2,073	58.34	13.80	$28,599
Sep 2005	0	1,947	61.45	12.08	$23,518
Aug 2005	0	2,105	61.51	9.80	$20,622
Jul 2005	0	2,078	55.69	7.84	$16,299
Jun 2005	0	2,155	52.33	7.38	$15,906
May 2005	0	2,331	45.22	6.65	$15,504
Apr 2005	0	2,389	49.20	7.36	$17,584
Mar 2005	0	2,400	50.37	7.15	$17,172
Feb 2005	0	2,211	45.22	6.31	$13,956
Jan 2005	0	2,660	43.16	6.32	$16,817
Dec 2004	0	2,795	39.86	6.75	$18,869
Nov 2004	0	2,821	45.28	6.33	$17,858
Oct 2004	0	3,246	49.70	6.52	$21,148
Sep 2004	0	3,914	43.24	5.28	$20,681
Aug 2004	0	4,303	42.37	5.55	$23,884
Jul 2004	0	4,668	38.28	6.08	$28,401
Jun 2004	0	4,548	36.10	6.43	$29,257
May 2004	0	5,554	37.48	6.49	$36,071
Apr 2004	0	5,842	34.47	5.86	$34,225
Mar 2004	0	6,293	34.36	5.53	$34,801
Feb 2004	0	6,851	32.45	5.51	$37,746
Jan 2004	0	9,929	32.03	6.30	$62,549
Dec 2003	0	2,861	30.26	6.30	$18,029

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                   24 Mcf  × $  2.69 =        $64

────────────────────────────────────────────────────
Month total                                     $110

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/199522 is the state's own key, not one this site invented.