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 199663District 04Field 355665002 tax incentive programmesCondensateGasSave Export

Value, all time

$3.3 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	2004-05-17	156791
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	152 bbl	$12,748
Gas	Production	542,199 Mcf	$3,314,357
Total			$3,327,105

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 28.0547, -99.8718. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.05474, -99.87183 · 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


42-47938531	9020R	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	6	155	45.35	2.69	$688
May 2016	0	669	42.52	1.99	$1,332
Apr 2016	0	653	36.56	1.99	$1,300
Mar 2016	0	598	33.01	1.79	$1,073
Feb 2016	0	747	26.47	2.06	$1,542
Jan 2016	0	695	27.35	2.36	$1,643
Dec 2015	6	876	32.36	2.00	$1,947
Nov 2015	0	907	38.79	2.17	$1,966
Oct 2015	0	1,034	43.55	2.43	$2,509
Sep 2015	0	904	42.99	2.76	$2,494
Aug 2015	0	984	40.16	2.87	$2,827
Jul 2015	7	1,049	48.15	2.95	$3,426
Jun 2015	0	1,072	56.15	2.88	$3,090
May 2015	0	1,004	55.21	2.96	$2,967
Apr 2015	0	1,197	49.82	2.71	$3,240
Mar 2015	6	1,149	42.89	2.93	$3,629
Feb 2015	0	985	44.66	2.98	$2,932
Jan 2015	7	880	43.43	3.10	$3,033
Dec 2014	0	1,111	54.69	3.59	$3,990
Nov 2014	0	1,317	70.46	4.25	$5,600
Oct 2014	4	929	78.30	3.90	$3,937
Sep 2014	0	783	86.16	4.05	$3,168
Aug 2014	0	800	89.39	4.04	$3,228
Jul 2014	4	810	96.56	4.18	$3,772
Jun 2014	0	793	98.16	4.74	$3,756
May 2014	0	883	94.73	4.73	$4,174
Apr 2014	5	931	95.94	4.81	$4,957
Mar 2014	0	1,183	95.89	5.06	$5,982
Feb 2014	5	1,089	97.40	6.19	$7,230
Jan 2014	0	1,082	90.40	4.86	$5,259
Dec 2013	4	1,017	91.82	4.35	$4,796
Nov 2013	0	980	88.85	3.74	$3,664
Oct 2013	4	917	97.42	3.78	$3,855
Sep 2013	5	1,139	104.11	3.72	$4,755
Aug 2013	0	1,256	104.25	3.52	$4,424
Jul 2013	0	1,493	102.52	3.72	$5,551
Jun 2013	0	1,314	94.40	3.93	$5,169
May 2013	4	1,106	94.83	4.15	$4,968
Apr 2013	0	1,043	93.96	4.28	$4,467
Mar 2013	4	1,047	93.62	3.91	$4,471
Feb 2013	0	926	91.23	3.42	$3,167
Jan 2013	4	1,096	91.60	3.42	$4,115
Dec 2012	0	1,125	86.77	3.42	$3,848
Nov 2012	5	1,100	86.95	3.62	$4,422
Oct 2012	0	1,147	89.38	3.40	$3,899
Sep 2012	0	1,111	94.67	2.92	$3,242
Aug 2012	4	1,022	92.66	2.91	$3,343
Jul 2012	2	1,024	85.13	3.02	$3,264
Jun 2012	0	1,005	79.82	2.52	$2,532
May 2012	4	1,029	91.61	2.49	$2,927
Apr 2012	0	1,051	101.65	2.00	$2,099
Mar 2012	9	1,144	105.05	2.22	$3,488
Feb 2012	1	2,784	101.10	2.57	$7,257
Jan 2012	11	3,050	98.09	2.73	$9,418
Dec 2011	11	3,648	96.87	3.24	$12,884
Nov 2011	10	3,285	95.72	3.31	$11,835
Oct 2011	0	3,693	84.98	3.65	$13,474
Sep 2011	0	2,143	83.62	3.99	$8,542
Aug 2011	7	3,706	83.40	4.15	$15,961
Jul 2011	1	3,629	94.14	4.52	$16,487
Jun 2011	5	3,049	92.90	4.64	$14,611
May 2011	7	3,631	98.13	4.40	$16,681
Apr 2011	0	3,289	105.96	4.33	$14,252
Mar 2011	0	3,238	96.36	4.06	$13,138
Feb 2011	0	3,503	85.64	4.18	$14,642
Jan 2011	0	3,242	86.50	4.59	$14,877
Dec 2010	0	2,977	85.73	4.35	$12,943
Nov 2010	0	3,846	80.84	3.80	$14,597
Oct 2010	0	2,877	78.10	3.51	$10,095
Sep 2010	0	2,377	72.63	3.98	$9,459
Aug 2010	0	4,581	73.68	4.42	$20,245
Jul 2010	0	4,984	72.55	4.74	$23,607
Jun 2010	0	4,708	70.36	4.91	$23,118
May 2010	0	4,408	71.12	4.24	$18,669
Apr 2010	0	4,189	81.69	4.12	$17,270
Mar 2010	0	4,483	78.39	4.39	$19,674
Feb 2010	0	4,528	73.58	5.44	$24,643
Jan 2010	0	4,877	74.36	5.96	$29,087
Dec 2009	0	5,109	71.44	5.48	$28,016
Nov 2009	0	5,084	74.59	3.75	$19,073
Oct 2009	0	4,458	72.54	4.11	$18,323
Sep 2009	0	5,256	65.54	3.06	$16,108
Aug 2009	0	4,559	67.42	3.22	$14,673
Jul 2009	0	5,694	61.13	3.46	$19,727
Jun 2009	0	5,669	66.16	3.90	$22,081
May 2009	0	5,579	54.74	3.93	$21,902
Apr 2009	0	4,736	46.77	3.59	$16,990
Mar 2009	0	5,665	42.14	4.06	$22,994
Feb 2009	0	5,781	32.81	4.63	$26,783
Jan 2009	0	7,059	35.86	5.37	$37,914
Dec 2008	0	5,831	37.10	5.98	$34,853
Nov 2008	0	6,339	55.49	6.86	$43,488
Oct 2008	0	6,596	75.24	6.92	$45,657
Sep 2008	0	5,150	101.76	7.88	$40,567
Aug 2008	0	4,629	114.22	8.48	$39,268
Jul 2008	0	4,818	131.08	11.39	$54,874
Jun 2008	0	5,074	131.33	13.03	$66,128
May 2008	0	6,768	123.17	11.57	$78,335
Apr 2008	0	6,401	110.31	10.45	$66,922
Mar 2008	0	6,925	101.90	9.66	$66,924
Feb 2008	0	6,902	92.53	8.77	$60,535
Jan 2008	0	7,649	90.38	8.21	$62,766
Dec 2007	0	6,525	88.33	7.30	$47,645
Nov 2007	0	5,700	91.67	7.29	$41,563
Oct 2007	0	6,021	82.85	6.92	$41,677
Sep 2007	0	5,060	75.84	6.24	$31,595
Aug 2007	0	6,001	69.06	6.39	$38,334
Jul 2007	0	6,335	70.90	6.39	$40,468
Jun 2007	0	6,267	62.00	7.55	$47,306
May 2007	0	6,733	58.74	7.85	$52,829
Apr 2007	0	6,600	59.61	7.81	$51,514
Mar 2007	0	6,360	56.92	7.30	$46,441
Feb 2007	0	6,114	55.10	8.22	$50,233
Jan 2007	0	6,981	50.30	6.73	$46,960
Dec 2006	0	6,785	56.65	6.92	$46,942
Nov 2006	0	6,103	54.20	7.62	$46,489
Oct 2006	0	6,578	54.90	6.01	$39,559
Sep 2006	0	6,179	60.08	5.04	$31,125
Aug 2006	0	6,190	68.71	7.34	$45,434
Jul 2006	0	5,566	69.37	6.34	$35,304
Jun 2006	0	5,624	66.28	6.38	$35,903
May 2006	0	5,788	66.01	6.42	$37,188
Apr 2006	0	5,540	64.39	7.36	$40,777
Mar 2006	0	5,249	56.70	7.08	$37,178
Feb 2006	0	3,612	57.59	7.75	$27,997
Jan 2006	0	1,543	60.59	8.93	$13,784
Dec 2005	0	3,172	54.94	13.42	$42,554
Nov 2005	0	3,058	54.69	10.59	$32,379
Oct 2005	0	3,122	58.34	13.80	$43,070
Sep 2005	0	3,264	61.45	12.08	$39,426
Aug 2005	0	3,347	61.51	9.80	$32,790
Jul 2005	0	3,588	55.69	7.84	$28,143
Jun 2005	0	3,573	52.33	7.38	$26,372
May 2005	0	3,510	45.22	6.65	$23,346
Apr 2005	0	3,414	49.20	7.36	$25,129
Mar 2005	0	3,725	50.37	7.15	$26,652
Feb 2005	0	3,958	45.22	6.31	$24,983
Jan 2005	0	4,202	43.16	6.32	$26,566
Dec 2004	0	4,949	39.86	6.75	$33,411
Nov 2004	0	4,129	45.28	6.33	$26,138
Oct 2004	0	3,470	49.70	6.52	$22,607
Sep 2004	0	4,004	43.24	5.28	$21,157
Aug 2004	0	4,182	42.37	5.55	$23,213
Jul 2004	0	4,239	38.28	6.08	$25,791
Jun 2004	0	4,538	36.10	6.43	$29,193
May 2004	0	5,622	37.48	6.49	$36,513
Apr 2004	0	6,174	34.47	5.86	$36,170
Mar 2004	0	7,890	34.36	5.53	$43,633
Feb 2004	0	8,895	32.45	5.51	$49,008
Jan 2004	0	11,847	32.03	6.30	$74,632
Dec 2003	0	7,056	30.26	6.30	$44,464

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             6 bbl  × $ 45.35 =       $272
Gas                  155 Mcf  × $  2.69 =       $416

────────────────────────────────────────────────────
Month total                                     $688

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/199663 is the state's own key, not one this site invented.