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 209870District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$864 k
May 2005 – Sep 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
197
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 Gas112005-09-19165213
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
CondensateDisposition56 bbl$4,597
GasProduction129,774 Mcf$858,954
Total$863,550

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 28.0582, -99.8849. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.05815, -99.88494 · 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
5,475 ft
1 wells filed one
Completion to plug
16.3 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 5,475 ft.

Completions filed
May 2005
1 of 1 wells
Plug dates filed
Sep 2021
1 of 1 wells

Last completion to plug: a median of 16.3 years across the 1 well that filed both dates, with the middle half between 16.3 years and 16.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793899713215,475 ftMay 2005Sep 2021Yes

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 (197)

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

197 months

Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
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 201625845.352.69$246
May 2016055042.521.99$1,095
Apr 2016051236.561.99$1,019
Mar 2016036433.011.79$653
Feb 2016029926.472.06$617
Jan 2016031727.352.36$750
Dec 2015237032.362.00$805
Nov 2015032838.792.17$711
Oct 2015046943.552.43$1,138
Sep 2015038742.992.76$1,068
Aug 2015040640.162.87$1,166
Jul 2015345048.152.95$1,470
Jun 2015049156.152.88$1,415
May 2015049655.212.96$1,466
Apr 2015042849.822.71$1,158
Mar 2015335842.892.93$1,179
Feb 2015035144.662.98$1,045
Jan 2015346043.433.10$1,557
Dec 2014053554.693.59$1,921
Nov 2014050970.464.25$2,164
Oct 2014245178.303.90$1,916
Sep 2014037086.164.05$1,497
Aug 2014045289.394.04$1,824
Jul 2014240896.564.18$1,898
Jun 2014039398.164.74$1,862
May 2014043194.734.73$2,037
Apr 2014243595.944.81$2,284
Mar 2014047795.895.06$2,412
Feb 2014355097.406.19$3,698
Jan 201401,05990.404.86$5,148
Dec 201341,03091.824.35$4,852
Nov 2013093488.853.74$3,492
Oct 2013376997.423.78$3,199
Sep 20133826104.113.72$3,383
Aug 20130898104.253.52$3,163
Jul 20130889102.523.72$3,305
Jun 2013059394.403.93$2,333
May 2013259794.834.15$2,667
Apr 2013056993.964.28$2,437
Mar 2013257493.623.91$2,433
Feb 2013049591.233.42$1,693
Jan 2013257591.603.42$2,150
Dec 2012058586.773.42$2,001
Nov 2012253986.953.62$2,128
Oct 2012057489.383.40$1,951
Sep 2012051994.672.92$1,515
Aug 2012252892.662.91$1,721
Jul 2012155685.133.02$1,765
Jun 2012055079.822.52$1,385
May 2012252491.612.49$1,487
Apr 20120546101.652.00$1,090
Mar 20122589105.052.22$1,519
Feb 20120608101.102.57$1,563
Jan 2012253698.092.73$1,662
Dec 2011244796.873.24$1,642
Nov 2011155895.723.31$1,943
Oct 2011055784.983.65$2,032
Sep 2011073883.623.99$2,942
Aug 2011150983.404.15$2,195
Jul 2011066894.144.52$3,018
Jun 2011177092.904.64$3,666
May 2011147898.134.40$2,204
Apr 20110398105.964.33$1,725
Mar 2011028796.364.06$1,164
Feb 2011015585.644.18$648
Jan 2011023586.504.59$1,078
Dec 2010022285.734.35$965
Nov 2010028780.843.80$1,089
Oct 2010021478.103.51$751
Sep 2010023572.633.98$935
Aug 2010069273.684.42$3,058
Jul 2010048372.554.74$2,288
Jun 2010041870.364.91$2,053
May 2010043671.124.24$1,847
Apr 2010041581.694.12$1,711
Mar 2010048278.394.39$2,115
Feb 2010074973.585.44$4,076
Jan 2010181974.365.96$4,959
Dec 2009089771.445.48$4,919
Nov 2009084474.593.75$3,166
Oct 2009085572.544.11$3,514
Sep 2009071165.543.06$2,179
Aug 2009062767.423.22$2,018
Jul 2009077761.133.46$2,692
Jun 2009059966.163.90$2,333
May 2009067154.743.93$2,634
Apr 2009056846.773.59$2,038
Mar 2009090942.144.06$3,690
Feb 2009088332.814.63$4,091
Jan 2009093535.865.37$5,022
Dec 2008090137.105.98$5,385
Nov 2008070855.496.86$4,857
Oct 2008083675.246.92$5,787
Sep 20080923101.767.88$7,271
Aug 200801,090114.228.48$9,246
Jul 20080894131.0811.39$10,182
Jun 20080896131.3313.03$11,677
May 200801,049123.1711.57$12,141
Apr 200801,021110.3110.45$10,674
Mar 200801,181101.909.66$11,413
Feb 2008087892.538.77$7,701
Jan 200801,68890.388.21$13,851
Dec 200701,48188.337.30$10,814
Nov 2007096491.677.29$7,029
Oct 200701,22582.856.92$8,479
Sep 200701,62975.846.24$10,172
Aug 200702,09869.066.39$13,402
Jul 200701,52770.906.39$9,754
Jun 200701,35362.007.55$10,213
May 200701,69858.747.85$13,323
Apr 200701,82459.617.81$14,237
Mar 200701,83856.927.30$13,421
Feb 200701,64455.108.22$13,507
Jan 200701,73950.306.73$11,698
Dec 200601,68156.656.92$11,630
Nov 200601,72654.207.62$13,148
Oct 200601,87054.906.01$11,246
Sep 200601,77460.085.04$8,936
Aug 200601,96268.717.34$14,401
Jul 200602,20069.376.34$13,954
Jun 200601,97566.286.38$12,608
May 200602,10766.016.42$13,537
Apr 200603,06164.397.36$22,530
Mar 200602,15656.707.08$15,271
Feb 200602,19857.597.75$17,037
Jan 200602,54060.598.93$22,691
Dec 200502,75354.9413.42$36,933
Nov 200503,01354.6910.59$31,903
Oct 200503,65658.3413.80$50,437
Sep 200502,82461.4512.08$34,111
Aug 200503,14361.519.80$30,791
Jul 200503,03855.697.84$23,829
Jun 200503,36452.337.38$24,830
May 200502,55345.226.65$16,980

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             2 bbl  × $ 45.35 =        $91
Gas                   58 Mcf  × $  2.69 =       $156

────────────────────────────────────────────────────
Month total                                     $246

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/209870 is the state's own key, not one this site invented.