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 201876District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.1 M
May 2004 – Sep 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
149
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 Gas112004-08-23158126
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
CondensateDisposition31 bbl$2,875
GasProduction168,261 Mcf$1,113,889
Total$1,116,764

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 28.0585, -99.9064. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.05845, -99.90637 · 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
5,500 ft
1 wells filed one
Completion to plug
12.3 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 5,500 ft.

Completions filed
May 2004
1 of 1 wells
Plug dates filed
Sep 2016
1 of 1 wells

Last completion to plug: a median of 12.3 years across the 1 well that filed both dates, with the middle half between 12.3 years and 12.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793868912225,500 ftMay 2004Sep 2016Yes

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 (149)

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

149 months

Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20133094.834.15$284
Apr 201301,03393.964.28$4,424
Mar 201341,00293.623.91$4,295
Feb 2013092191.233.42$3,150
Jan 201341,09391.603.42$4,104
Dec 201201,12186.773.42$3,834
Nov 201251,04586.953.62$4,223
Oct 201201,18689.383.40$4,032
Sep 2012094094.672.92$2,743
Aug 2012498692.662.91$3,238
Jul 201221,02685.133.02$3,270
Jun 201201,01779.822.52$2,562
May 2012491691.612.49$2,646
Apr 201201,046101.652.00$2,089
Mar 201231,089105.052.22$2,735
Feb 20120793101.102.57$2,038
Jan 201206498.092.73$175
Dec 2011115296.873.24$589
Nov 2011113595.723.31$543
Oct 2011037984.983.65$1,383
Sep 2011063683.623.99$2,535
Aug 2011020483.404.15$846
Jul 2011031394.144.52$1,414
Jun 2011075392.904.64$3,494
May 201103998.134.40$172
Apr 2011091105.964.33$394
Mar 201108496.364.06$341
Feb 201102785.644.18$113
Jan 201109986.504.59$454
Dec 2010040585.734.35$1,761
Nov 2010026580.843.80$1,006
Oct 2010024278.103.51$849
Sep 2010044472.633.98$1,767
Aug 2010047173.684.42$2,082
Jul 2010049472.554.74$2,340
Jun 2010087970.364.91$4,316
May 2010082371.124.24$3,486
Apr 2010078381.694.12$3,228
Mar 2010082978.394.39$3,638
Feb 2010093673.585.44$5,094
Jan 201001,06074.365.96$6,322
Dec 200901,14971.445.48$6,301
Nov 200901,00274.593.75$3,759
Oct 2009083972.544.11$3,449
Sep 2009043865.543.06$1,342
Aug 2009063467.423.22$2,041
Jul 2009064661.133.46$2,238
Jun 200901,93266.163.90$7,525
May 2009070654.743.93$2,772
Apr 2009077346.773.59$2,773
Mar 2009084942.144.06$3,446
Feb 2009073232.814.63$3,391
Jan 2009079835.865.37$4,286
Dec 2008074437.105.98$4,447
Nov 2008065855.496.86$4,514
Oct 2008063275.246.92$4,375
Sep 20080811101.767.88$6,388
Aug 200801,431114.228.48$12,139
Jul 200801,168131.0811.39$13,303
Jun 200801,351131.3313.03$17,607
May 200801,366123.1711.57$15,810
Apr 200801,191110.3110.45$12,452
Mar 200801,641101.909.66$15,859
Feb 200801,49592.538.77$13,112
Jan 200801,55190.388.21$12,727
Dec 200701,92388.337.30$14,042
Nov 200701,79191.677.29$13,059
Oct 200702,31182.856.92$15,997
Sep 200702,89875.846.24$18,096
Aug 200702,06469.066.39$13,185
Jul 200702,39670.906.39$15,306
Jun 200702,02962.007.55$15,316
May 200701,88358.747.85$14,775
Apr 200702,21859.617.81$17,312
Mar 200702,22556.927.30$16,247
Feb 200702,03855.108.22$16,744
Jan 200702,15050.306.73$14,463
Dec 200602,78356.656.92$19,254
Nov 200603,05054.207.62$23,233
Oct 200603,21554.906.01$19,334
Sep 200605,11660.085.04$25,770
Aug 200605,26668.717.34$38,652
Jul 200605,84769.376.34$37,086
Jun 200606,72466.286.38$42,925
May 200605,90666.016.42$37,946
Apr 2006087264.397.36$6,418
Mar 200602,09556.707.08$14,839
Feb 200601,74557.597.75$13,526
Jan 200601,99660.598.93$17,831
Dec 200502,15154.9413.42$28,857
Nov 200501,90854.6910.59$20,203
Oct 200501,92658.3413.80$26,571
Sep 200501,93261.4512.08$23,337
Aug 200502,03061.519.80$19,888
Jul 200502,16055.697.84$16,942
Jun 200502,23052.337.38$16,460
May 200502,32945.226.65$15,491
Apr 200502,29649.207.36$16,900
Mar 200502,22750.377.15$15,934
Feb 200502,09345.226.31$13,211
Jan 200502,38343.166.32$15,066
Dec 200402,42839.866.75$16,392
Nov 200402,45045.286.33$15,510
Oct 200402,83149.706.52$18,444
Sep 200402,88943.245.28$15,265
Aug 200403,67942.375.55$20,421
Jul 200403,65838.286.08$22,256
Jun 200403,76236.106.43$24,201
May 20040037.486.49$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.

May 2013 — as filed, then multipliedworked
Condensate             3 bbl  × $ 94.83 =       $284
Gas                    0 Mcf  × $  4.15 =         $0

────────────────────────────────────────────────────
Month total                                     $284

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/201876 is the state's own key, not one this site invented.