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 206622District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.9 M
Dec 2004 – Aug 2017
Value, last 12 filed months
$0
at the published price for each month
Months reported
153
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 Gas112005-05-18161372
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
CondensateDisposition64 bbl$4,565
GasProduction287,557 Mcf$1,892,046
Total$1,896,610

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 28.0947, -99.8449. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.09465, -99.84493 · 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
12.7 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
Dec 2004
1 of 1 wells
Plug dates filed
Aug 2017
1 of 1 wells

Last completion to plug: a median of 12.7 years across the 1 well that filed both dates, with the middle half between 12.7 years and 12.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-479389055012R5,400 ftDec 2004Aug 2017Yes

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 (153)

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

153 months

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 2016510545.352.69$509
May 2016054542.521.99$1,085
Apr 2016053736.561.99$1,069
Mar 2016552633.011.79$1,109
Feb 2016046826.472.06$966
Jan 2016052927.352.36$1,251
Dec 2015047532.362.00$951
Nov 2015046638.792.17$1,010
Oct 2015059143.552.43$1,434
Sep 2015063742.992.76$1,757
Aug 2015678540.162.87$2,496
Jul 2015090748.152.95$2,671
Jun 201501,05056.152.88$3,027
May 2015077155.212.96$2,279
Apr 2015058349.822.71$1,578
Mar 2015070542.892.93$2,069
Feb 2015572744.662.98$2,387
Jan 2015765143.433.10$2,323
Dec 2014082254.693.59$2,952
Nov 2014081770.464.25$3,474
Oct 2014072478.303.90$2,824
Sep 2014067986.164.05$2,747
Aug 2014589889.394.04$4,070
Jul 2014066096.564.18$2,759
Jun 2014163898.164.74$3,120
May 2014079994.734.73$3,777
Apr 2014470395.944.81$3,765
Mar 2014061595.895.06$3,110
Feb 2014465397.406.19$4,433
Jan 2014067990.404.86$3,300
Dec 2013484691.824.35$4,051
Nov 2013088488.853.74$3,305
Oct 2013074397.423.78$2,808
Sep 20130657104.113.72$2,443
Aug 20130824104.253.52$2,903
Jul 20130880102.523.72$3,272
Jun 2013074894.403.93$2,942
May 2013071794.834.15$2,975
Apr 2013069093.964.28$2,955
Mar 2013070593.623.91$2,759
Feb 2013471691.233.42$2,814
Jan 2013081491.603.42$2,784
Dec 2012084386.773.42$2,883
Nov 2012086186.953.62$3,121
Oct 2012492289.383.40$3,492
Sep 2012069894.672.92$2,037
Aug 2012068192.662.91$1,980
Jul 2012065185.133.02$1,967
Jun 2012067779.822.52$1,705
May 2012072191.612.49$1,794
Apr 20120879101.652.00$1,755
Mar 20124839105.052.22$2,285
Feb 201201,364101.102.57$3,506
Jan 201201,79198.092.73$4,897
Dec 201101,14796.873.24$3,716
Nov 201131,27495.723.31$4,506
Oct 201101,47084.983.65$5,363
Sep 2011094783.623.99$3,775
Aug 201101,57983.404.15$6,552
Jul 201101,55394.144.52$7,015
Jun 201101,41692.904.64$6,570
May 20110098.134.40$0
Apr 20110869105.964.33$3,766
Mar 201131,90496.364.06$8,014
Feb 201101,79885.644.18$7,516
Jan 201101,96786.504.59$9,026
Dec 201001,16985.734.35$5,083
Nov 201001,77380.843.80$6,729
Oct 201001,68778.103.51$5,920
Sep 201001,66772.633.98$6,634
Aug 201001,76073.684.42$7,778
Jul 201001,53072.554.74$7,247
Jun 201001,32770.364.91$6,516
May 201001,46771.124.24$6,213
Apr 201001,31881.694.12$5,434
Mar 201001,14378.394.39$5,016
Feb 201001,46273.585.44$7,957
Jan 201002,15774.365.96$12,865
Dec 200901,97371.445.48$10,819
Nov 200901,67674.593.75$6,288
Oct 200902,42372.544.11$9,959
Sep 200901,55565.543.06$4,766
Aug 200901,66167.423.22$5,346
Jul 200902,12961.133.46$7,376
Jun 200902,20166.163.90$8,573
May 200901,94754.743.93$7,643
Apr 200901,84246.773.59$6,608
Mar 200901,93342.144.06$7,846
Feb 200901,77532.814.63$8,224
Jan 200902,09835.865.37$11,268
Dec 200801,86337.105.98$11,135
Nov 200802,13055.496.86$14,613
Oct 200801,69475.246.92$11,726
Sep 200801,759101.767.88$13,856
Aug 200802,010114.228.48$17,051
Jul 200801,779131.0811.39$20,262
Jun 200801,727131.3313.03$22,507
May 200802,338123.1711.57$27,061
Apr 200802,176110.3110.45$22,750
Mar 200802,201101.909.66$21,271
Feb 200801,92492.538.77$16,875
Jan 200802,77090.388.21$22,730
Dec 200702,60788.337.30$19,036
Nov 200703,25191.677.29$23,705
Oct 200703,67682.856.92$25,445
Sep 200702,64175.846.24$16,491
Aug 200702,76869.066.39$17,682
Jul 200702,81070.906.39$17,950
Jun 200702,94262.007.55$22,208
May 200702,96858.747.85$23,288
Apr 200703,17859.617.81$24,805
Mar 200702,85056.927.30$20,811
Feb 200703,15155.108.22$25,889
Jan 200703,53950.306.73$23,806
Dec 200603,58456.656.92$24,796
Nov 200603,19254.207.62$24,315
Oct 200603,63654.906.01$21,866
Sep 200603,88360.085.04$19,559
Aug 200604,38868.717.34$32,208
Jul 200603,30169.376.34$20,937
Jun 200603,68866.286.38$23,544
May 200604,07566.016.42$26,182
Apr 200603,91464.397.36$28,809
Mar 200604,45556.707.08$31,554
Feb 200603,68257.597.75$28,540
Jan 200604,79060.598.93$42,791
Dec 200505,06854.9413.42$67,989
Nov 200504,80054.6910.59$50,824
Oct 200504,80858.3413.80$66,330
Sep 200505,77861.4512.08$69,792
Aug 200506,14361.519.80$60,182
Jul 200506,02655.697.84$47,266
Jun 200506,73852.337.38$49,733
May 200507,10145.226.65$47,230
Apr 200509,07649.207.36$66,804
Mar 2005010,04350.377.15$71,856
Feb 200508,71145.226.31$54,983
Jan 200507,02243.166.32$44,394
Dec 200401,41039.866.75$9,519

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                  105 Mcf  × $  2.69 =       $282

────────────────────────────────────────────────────
Month total                                     $509

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/206622 is the state's own key, not one this site invented.