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 203242District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.6 M
Jul 2004 – Sep 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
195
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 Gas112004-10-18159100
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
CondensateDisposition1,426 bbl$68,523
GasProduction213,351 Mcf$1,514,712
Total$1,583,235

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 28.0462, -99.9066. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.04618, -99.90658 · 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
16.2 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
Jul 2004
1 of 1 wells
Plug dates filed
Sep 2020
1 of 1 wells

Last completion to plug: a median of 16.2 years across the 1 well that filed both dates, with the middle half between 16.2 years and 16.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793871613175,400 ftJul 2004Sep 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 (195)

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

195 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 201646745.352.69$361
May 2016063442.521.99$1,262
Apr 2016066936.561.99$1,332
Mar 2016046433.011.79$832
Feb 2016030326.472.06$625
Jan 2016034427.352.36$813
Dec 2015442432.362.00$978
Nov 2015055438.792.17$1,201
Oct 2015066143.552.43$1,604
Sep 2015061242.992.76$1,688
Aug 2015041540.162.87$1,192
Jul 2015567848.152.95$2,238
Jun 2015080056.152.88$2,306
May 2015076655.212.96$2,264
Apr 2015081449.822.71$2,203
Mar 2015481442.892.93$2,560
Feb 2015083144.662.98$2,473
Jan 2015350543.433.10$1,696
Dec 2014051154.693.59$1,835
Nov 2014046170.464.25$1,960
Oct 2014247178.303.90$1,994
Sep 2014037286.164.05$1,505
Aug 2014059289.394.04$2,389
Jul 2014239496.564.18$1,840
Jun 2014041298.164.74$1,952
May 2014042194.734.73$1,990
Apr 2014242195.944.81$2,217
Mar 2014047595.895.06$2,402
Feb 2014243397.406.19$2,876
Jan 2014057690.404.86$2,800
Dec 2013136491.824.35$1,677
Nov 2013031788.853.74$1,185
Oct 2013128997.423.78$1,190
Sep 20131237104.113.72$985
Aug 20130269104.253.52$948
Jul 20130259102.523.72$963
Jun 2013020694.403.93$810
May 2013117594.834.15$821
Apr 2013016793.964.28$715
Mar 2013117093.623.91$759
Feb 2013014991.233.42$510
Jan 2013118291.603.42$714
Dec 2012017886.773.42$609
Nov 2012116586.953.62$685
Oct 2012021989.383.40$745
Sep 2012014494.672.92$420
Aug 2012116492.662.91$570
Jul 2012017585.133.02$529
Jun 2012017379.822.52$436
May 2012117591.612.49$527
Apr 20120168101.652.00$335
Mar 20121176105.052.22$496
Feb 20120200101.102.57$514
Jan 2012120998.092.73$670
Dec 2011016096.873.24$518
Nov 201102695.723.31$86
Oct 201103884.983.65$139
Sep 2011026283.623.99$1,044
Aug 2011012383.404.15$510
Jul 2011021994.144.52$989
Jun 2011034192.904.64$1,582
May 2011030598.134.40$1,343
Apr 2011023105.964.33$100
Mar 2011036796.364.06$1,489
Feb 2011036985.644.18$1,542
Jan 20110086.504.59$0
Dec 2010039285.734.35$1,704
Nov 2010050980.843.80$1,932
Oct 2010045778.103.51$1,604
Sep 2010040672.633.98$1,616
Aug 2010047073.684.42$2,077
Jul 2010032072.554.74$1,516
Jun 2010012970.364.91$633
May 2010012171.124.24$512
Apr 2010011681.694.12$478
Mar 2010011878.394.39$518
Feb 2010021273.585.44$1,154
Jan 2010030774.365.96$1,831
Dec 2009030771.445.48$1,684
Nov 200904874.593.75$180
Oct 200902572.544.11$103
Sep 200902965.543.06$89
Aug 200906967.423.22$222
Jul 20090061.133.46$0
Jun 200901966.163.90$74
May 200902854.743.93$110
Apr 200902046.773.59$72
Mar 200901142.144.06$45
Feb 2009015632.814.63$723
Jan 200904235.865.37$226
Dec 200804737.105.98$281
Nov 2008029755.496.86$2,038
Oct 2008063775.246.92$4,409
Sep 20080552101.767.88$4,348
Aug 20080789114.228.48$6,693
Jul 20080664131.0811.39$7,563
Jun 20080203131.3313.03$2,646
May 200801,394123.1711.57$16,135
Apr 20080957110.3110.45$10,005
Mar 200801,194101.909.66$11,539
Feb 200801,62792.538.77$14,270
Jan 200801,65590.388.21$13,580
Dec 200701,53988.337.30$11,238
Nov 200701,13791.677.29$8,291
Oct 200701,31282.856.92$9,082
Sep 200701,26875.846.24$7,918
Aug 200701,16969.066.39$7,468
Jul 200701,20770.906.39$7,710
Jun 200701,64562.007.55$12,417
May 200701,96458.747.85$15,410
Apr 200701,97459.617.81$15,407
Mar 200702,39056.927.30$17,452
Feb 200702,10755.108.22$17,311
Jan 200702,63950.306.73$17,752
Dec 200602,58356.656.92$17,870
Nov 200602,65054.207.62$20,186
Oct 200602,96454.906.01$17,825
Sep 200602,90160.085.04$14,613
Aug 200603,58068.717.34$26,277
Jul 200603,69069.376.34$23,405
Jun 200603,22266.286.38$20,569
May 200603,87966.016.42$24,923
Apr 200604,03064.397.36$29,663
Mar 200604,19156.707.08$29,685
Feb 200603,56057.597.75$27,594
Jan 200614,15560.598.93$37,179
Dec 200514,39354.9413.42$58,989
Nov 200534,78154.6910.59$50,787
Oct 2005155,13058.3413.80$71,647
Sep 2005475,03861.4512.08$63,742
Aug 2005505,64061.519.80$58,330
Jul 2005296,14855.697.84$49,838
Jun 2005376,53352.337.38$50,157
May 20051477,09445.226.65$53,831
Apr 20051406,87449.207.36$57,484
Mar 20051437,86650.377.15$63,483
Feb 20052317,33945.226.31$56,769
Jan 20051438,50843.166.32$59,961
Dec 20041478,87339.866.75$65,762
Nov 2004858,67345.286.33$58,753
Oct 20041428,25849.706.52$60,859
Sep 2004206,45843.245.28$34,988
Aug 200405,53442.375.55$30,717
Jul 200461,07138.286.08$6,746

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                   67 Mcf  × $  2.69 =       $180

────────────────────────────────────────────────────
Month total                                     $361

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/203242 is the state's own key, not one this site invented.