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 212256District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.4 M
Jul 2005 – Aug 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
158
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 Gas112006-01-23166506
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
CondensateDisposition106 bbl$8,532
GasProduction219,530 Mcf$1,416,202
Total$1,424,734

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 28.0538, -99.8655. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.05383, -99.86547 · 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
5,536 ft
1 wells filed one
Completion to plug
13.1 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 5,536 ft.

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

Last completion to plug: a median of 13.1 years across the 1 well that filed both dates, with the middle half between 13.1 years and 13.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793911113205,536 ftJul 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 (158)

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

158 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 2016617245.352.69$734
May 2016050142.521.99$998
Apr 2016067636.561.99$1,346
Mar 2016067733.011.79$1,215
Feb 2016071226.472.06$1,469
Jan 2016082127.352.36$1,941
Dec 2015583832.362.00$1,839
Nov 2015070638.792.17$1,530
Oct 2015084943.552.43$2,060
Sep 2015091742.992.76$2,529
Aug 2015068940.162.87$1,979
Jul 2015681648.152.95$2,692
Jun 2015087056.152.88$2,508
May 2015074555.212.96$2,202
Apr 201501,25849.822.71$3,405
Mar 201561,46142.892.93$4,545
Feb 201501,06144.662.98$3,158
Jan 2015566443.433.10$2,276
Dec 2014081054.693.59$2,909
Nov 2014084070.464.25$3,572
Oct 2014483978.303.90$3,586
Sep 2014080786.164.05$3,265
Aug 2014084089.394.04$3,390
Jul 2014482596.564.18$3,834
Jun 2014079898.164.74$3,780
May 2014080394.734.73$3,795
Apr 2014486295.944.81$4,529
Mar 2014085095.895.06$4,298
Feb 2014480997.406.19$5,399
Jan 201401,08390.404.86$5,264
Dec 2013499691.824.35$4,704
Nov 2013095888.853.74$3,581
Oct 2013481597.423.78$3,470
Sep 201341,116104.113.72$4,565
Aug 201301,264104.253.52$4,453
Jul 201301,398102.523.72$5,197
Jun 201301,22394.403.93$4,811
May 201341,09894.834.15$4,935
Apr 201301,04693.964.28$4,480
Mar 201341,03693.623.91$4,428
Feb 2013093991.233.42$3,211
Jan 201341,09691.603.42$4,115
Dec 201201,11986.773.42$3,827
Nov 201241,05386.953.62$4,165
Oct 201201,13489.383.40$3,855
Sep 2012098294.672.92$2,866
Aug 2012499092.662.91$3,250
Jul 201221,02485.133.02$3,264
Jun 201201,00679.822.52$2,534
May 201241,03891.612.49$2,949
Apr 201201,051101.652.00$2,099
Mar 201241,155105.052.22$2,987
Feb 201201,376101.102.57$3,537
Jan 201251,59998.092.73$4,862
Dec 201141,28996.873.24$4,564
Nov 201141,14095.723.31$4,158
Oct 201101,63684.983.65$5,969
Sep 201101,36183.623.99$5,425
Aug 201131,17483.404.15$5,122
Jul 201101,46594.144.52$6,618
Jun 201121,78092.904.64$8,445
May 201121,07698.134.40$4,936
Apr 201101,068105.964.33$4,628
Mar 201101,40396.364.06$5,692
Feb 2011083285.644.18$3,478
Jan 2011092486.504.59$4,240
Dec 201001,34085.734.35$5,826
Nov 201001,24780.843.80$4,733
Oct 201001,29278.103.51$4,533
Sep 2010078472.633.98$3,120
Aug 2010081473.684.42$3,597
Jul 201001,64372.554.74$7,782
Jun 201001,26770.364.91$6,221
May 201001,26471.124.24$5,353
Apr 201001,38181.694.12$5,693
Mar 201001,45278.394.39$6,372
Feb 201001,63773.585.44$8,909
Jan 201001,77574.365.96$10,586
Dec 200901,73571.445.48$9,514
Nov 200901,58974.593.75$5,961
Oct 200901,52272.544.11$6,256
Sep 200901,56265.543.06$4,787
Aug 200901,41867.423.22$4,564
Jul 200901,38161.133.46$4,784
Jun 200901,33766.163.90$5,208
May 200901,53154.743.93$6,010
Apr 200901,35246.773.59$4,850
Mar 200901,51842.144.06$6,162
Feb 200901,27632.814.63$5,912
Jan 200901,66635.865.37$8,948
Dec 200801,45537.105.98$8,697
Nov 200801,71055.496.86$11,731
Oct 200801,48675.246.92$10,286
Sep 200801,459101.767.88$11,493
Aug 200801,219114.228.48$10,341
Jul 200801,167131.0811.39$13,291
Jun 200801,325131.3313.03$17,268
May 200801,581123.1711.57$18,299
Apr 200801,465110.3110.45$15,316
Mar 200801,651101.909.66$15,955
Feb 200801,74092.538.77$15,261
Jan 200801,86890.388.21$15,328
Dec 200702,04488.337.30$14,925
Nov 200702,00691.677.29$14,627
Oct 200701,71582.856.92$11,871
Sep 200701,49275.846.24$9,316
Aug 200701,23869.066.39$7,908
Jul 200701,45270.906.39$9,275
Jun 200701,60862.007.55$12,138
May 200701,84258.747.85$14,453
Apr 200702,36959.617.81$18,491
Mar 200702,51856.927.30$18,386
Feb 200702,29555.108.22$18,856
Jan 200702,71750.306.73$18,277
Dec 200603,20356.656.92$22,160
Nov 200603,15254.207.62$24,010
Oct 200603,53054.906.01$21,229
Sep 200603,46560.085.04$17,454
Aug 200605,08168.717.34$37,294
Jul 200603,86969.376.34$24,540
Jun 200602,91566.286.38$18,609
May 200603,14966.016.42$20,232
Apr 200602,60664.397.36$19,181
Mar 200603,86456.707.08$27,368
Feb 200603,81057.597.75$29,532
Jan 200604,52160.598.93$40,388
Dec 200505,68254.9413.42$76,226
Nov 200505,12854.6910.59$54,297
Oct 200507,07158.3413.80$97,550
Sep 200507,18261.4512.08$86,751
Aug 200506,04561.519.80$59,222
Jul 200503,79355.697.84$29,751

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             6 bbl  × $ 45.35 =       $272
Gas                  172 Mcf  × $  2.69 =       $462

────────────────────────────────────────────────────
Month total                                     $734

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/212256 is the state's own key, not one this site invented.