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 210578District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.5 M
May 2005 – Aug 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
160
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 Gas112005-10-26165759
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
CondensateDisposition70 bbl$4,725
GasProduction223,909 Mcf$1,512,669
Total$1,517,393

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 28.0651, -99.8941. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.06511, -99.89412 · 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
13.3 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 5,400 ft.

Completions filed
May 2005
1 of 1 wells
Plug dates filed
Aug 2018
1 of 1 wells

Last completion to plug: a median of 13.3 years across the 1 well that filed both dates, with the middle half between 13.3 years and 13.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793887260235,400 ftMay 2005Aug 2018Yes

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 (160)

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

160 months

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 2016716245.352.69$753
May 2016080142.521.99$1,595
Apr 2016078336.561.99$1,559
Mar 2016660433.011.79$1,282
Feb 2016052426.472.06$1,081
Jan 2016060727.352.36$1,435
Dec 2015062332.362.00$1,247
Nov 2015068138.792.17$1,476
Oct 2015096143.552.43$2,332
Sep 2015055842.992.76$1,539
Aug 2015559140.162.87$1,898
Jul 2015065348.152.95$1,923
Jun 2015064656.152.88$1,862
May 2015075555.212.96$2,231
Apr 2015066049.822.71$1,786
Mar 2015040242.892.93$1,180
Feb 2015642044.662.98$1,518
Jan 2015121,05743.433.10$3,799
Dec 2014093054.693.59$3,340
Nov 2014071570.464.25$3,040
Oct 2014071778.303.90$2,797
Sep 2014065386.164.05$2,642
Aug 2014355089.394.04$2,487
Jul 2014078196.564.18$3,264
Jun 2014074898.164.74$3,543
May 2014085894.734.73$4,055
Apr 2014582595.944.81$4,447
Mar 2014083295.895.06$4,207
Feb 2014470897.406.19$4,774
Jan 2014074490.404.86$3,616
Dec 2013591191.824.35$4,426
Nov 2013075588.853.74$2,822
Oct 2013059897.423.78$2,260
Sep 20130706104.113.72$2,625
Aug 20130856104.253.52$3,015
Jul 20130919102.523.72$3,417
Jun 2013093094.403.93$3,658
May 2013097394.834.15$4,037
Apr 2013090693.964.28$3,880
Mar 2013092893.623.91$3,631
Feb 2013484791.233.42$3,262
Jan 2013097291.603.42$3,324
Dec 2012096186.773.42$3,287
Nov 2012089886.953.62$3,255
Oct 2012492789.383.40$3,509
Sep 2012081894.672.92$2,387
Aug 2012090592.662.91$2,632
Jul 2012085485.133.02$2,580
Jun 2012087979.822.52$2,214
May 2012088191.612.49$2,192
Apr 20120892101.652.00$1,781
Mar 20124856105.052.22$2,322
Feb 20120794101.102.57$2,041
Jan 2012082298.092.73$2,247
Dec 2011056996.873.24$1,843
Nov 2011374995.723.31$2,767
Oct 2011080184.983.65$2,922
Sep 2011081383.623.99$3,240
Aug 2011064883.404.15$2,689
Jul 2011086994.144.52$3,925
Jun 2011082692.904.64$3,833
May 201101,96098.134.40$8,633
Apr 201101,408105.964.33$6,101
Mar 201121,44396.364.06$6,047
Feb 2011061385.644.18$2,562
Jan 2011077786.504.59$3,565
Dec 2010069285.734.35$3,009
Nov 2010046780.843.80$1,772
Oct 2010043978.103.51$1,540
Sep 2010094872.633.98$3,773
Aug 2010078173.684.42$3,452
Jul 201001,23272.554.74$5,835
Jun 201001,31270.364.91$6,442
May 201001,97871.124.24$8,377
Apr 201001,93181.694.12$7,961
Mar 201002,04878.394.39$8,988
Feb 201001,23473.585.44$6,716
Jan 201001,24474.365.96$7,419
Dec 200901,19871.445.48$6,570
Nov 200901,22474.593.75$4,592
Oct 200901,01372.544.11$4,164
Sep 200901,31765.543.06$4,036
Aug 200901,60067.423.22$5,150
Jul 200901,13261.133.46$3,922
Jun 200901,12966.163.90$4,397
May 200901,81854.743.93$7,137
Apr 200901,25146.773.59$4,488
Mar 200901,36742.144.06$5,549
Feb 2009088532.814.63$4,100
Jan 200901,57935.865.37$8,481
Dec 200801,38137.105.98$8,254
Nov 2008085055.496.86$5,831
Oct 200801,29375.246.92$8,950
Sep 200801,317101.767.88$10,374
Aug 200801,306114.228.48$11,079
Jul 200801,088131.0811.39$12,392
Jun 200801,076131.3313.03$14,023
May 200801,463123.1711.57$16,933
Apr 200801,341110.3110.45$14,020
Mar 200801,598101.909.66$15,443
Feb 200801,75192.538.77$15,357
Jan 200802,20790.388.21$18,110
Dec 200702,14188.337.30$15,634
Nov 200702,27591.677.29$16,589
Oct 200702,15382.856.92$14,903
Sep 200702,35075.846.24$14,674
Aug 200701,98469.066.39$12,674
Jul 200702,31270.906.39$14,769
Jun 200702,56762.007.55$19,377
May 200702,35758.747.85$18,494
Apr 200702,81359.617.81$21,956
Mar 200702,95256.927.30$21,555
Feb 200702,63255.108.22$21,625
Jan 200702,98250.306.73$20,059
Dec 200603,07556.656.92$21,274
Nov 200603,00554.207.62$22,891
Oct 200603,32954.906.01$20,020
Sep 200602,83460.085.04$14,275
Aug 200602,45668.717.34$18,027
Jul 200601,74069.376.34$11,036
Jun 200602,79066.286.38$17,811
May 200603,93666.016.42$25,289
Apr 200603,84564.397.36$28,301
Mar 200604,19456.707.08$29,706
Feb 200604,64257.597.75$35,981
Jan 200604,08960.598.93$36,528
Dec 200505,64754.9413.42$75,757
Nov 200506,00954.6910.59$63,626
Oct 200506,51158.3413.80$89,824
Sep 200506,56261.4512.08$79,262
Aug 200507,75561.519.80$75,974
Jul 200509,62455.697.84$75,487
Jun 200509,54952.337.38$70,482
May 200503,49645.226.65$23,252

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             7 bbl  × $ 45.35 =       $317
Gas                  162 Mcf  × $  2.69 =       $435

────────────────────────────────────────────────────
Month total                                     $753

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/210578 is the state's own key, not one this site invented.