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 212383District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$818 k
Jul 2005 – Sep 2021
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 Gas112005-12-27166573
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
CondensateDisposition62 bbl$4,714
GasProduction114,053 Mcf$812,824
Total$817,537

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 28.0406, -99.9131. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.04064, -99.91309 · 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
5,335 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 5,335 ft.

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

42-4793917310165,335 ftJul 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 (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 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 201648745.352.69$415
May 2016031042.521.99$617
Apr 2016032336.561.99$643
Mar 2016034933.011.79$626
Feb 2016033126.472.06$683
Jan 2016044827.352.36$1,059
Dec 2015441432.362.00$958
Nov 2015031338.792.17$678
Oct 2015052143.552.43$1,264
Sep 2015085642.992.76$2,361
Aug 201501,41940.162.87$4,076
Jul 201551,32448.152.95$4,140
Jun 2015077856.152.88$2,243
May 2015066355.212.96$1,959
Apr 2015080849.822.71$2,187
Mar 2015580542.892.93$2,577
Feb 2015077544.662.98$2,307
Jan 2015464743.433.10$2,180
Dec 2014076754.693.59$2,755
Nov 2014077070.464.25$3,274
Oct 2014486678.303.90$3,691
Sep 2014079286.164.05$3,204
Aug 2014086489.394.04$3,486
Jul 2014481896.564.18$3,805
Jun 2014078298.164.74$3,704
May 2014075694.734.73$3,573
Apr 2014365395.944.81$3,428
Mar 2014076995.895.06$3,889
Feb 2014480997.406.19$5,399
Jan 201401,08690.404.86$5,279
Dec 2013392291.824.35$4,290
Nov 2013071488.853.74$2,669
Oct 2013360997.423.78$2,594
Sep 20132532104.113.72$2,186
Aug 20130586104.253.52$2,064
Jul 20130573102.523.72$2,130
Jun 2013037194.403.93$1,459
May 2013122094.834.15$1,008
Apr 2013021193.964.28$904
Mar 2013121693.623.91$939
Feb 2013018791.233.42$640
Jan 2013121491.603.42$823
Dec 2012021986.773.42$749
Nov 2012120886.953.62$841
Oct 2012027589.383.40$935
Sep 2012020494.672.92$595
Aug 2012117592.662.91$602
Jul 2012017585.133.02$529
Jun 2012017479.822.52$438
May 2012117591.612.49$527
Apr 20120178101.652.00$355
Mar 20122201105.052.22$657
Feb 20120778101.102.57$2,000
Jan 2012273198.092.73$2,195
Dec 2011346896.873.24$1,807
Nov 2011279895.723.31$2,834
Oct 2011075684.983.65$2,758
Sep 2011040483.623.99$1,610
Aug 2011146783.404.15$2,021
Jul 2011059594.144.52$2,688
Jun 2011043892.904.64$2,032
May 2011138798.134.40$1,803
Apr 20110347105.964.33$1,504
Mar 2011019696.364.06$795
Feb 2011018985.644.18$790
Jan 2011023586.504.59$1,078
Dec 2010025085.734.35$1,087
Nov 2010024580.843.80$930
Oct 2010017078.103.51$597
Sep 201006572.633.98$259
Aug 2010026773.684.42$1,180
Jul 2010024072.554.74$1,137
Jun 2010018170.364.91$889
May 2010016171.124.24$682
Apr 2010011681.694.12$478
Mar 2010013778.394.39$601
Feb 2010020373.585.44$1,105
Jan 2010017974.365.96$1,068
Dec 2009018471.445.48$1,009
Nov 2009021574.593.75$807
Oct 2009022972.544.11$941
Sep 2009028965.543.06$886
Aug 2009027567.423.22$885
Jul 2009032661.133.46$1,129
Jun 2009045066.163.90$1,753
May 2009051754.743.93$2,030
Apr 2009037746.773.59$1,352
Mar 2009034442.144.06$1,396
Feb 2009031232.814.63$1,446
Jan 2009034335.865.37$1,842
Dec 2008034937.105.98$2,086
Nov 2008030355.496.86$2,079
Oct 2008032675.246.92$2,257
Sep 20080487101.767.88$3,836
Aug 20080646114.228.48$5,480
Jul 20080532131.0811.39$6,059
Jun 20080423131.3313.03$5,513
May 20080288123.1711.57$3,333
Apr 20080239110.3110.45$2,499
Mar 20080368101.909.66$3,556
Feb 2008035592.538.77$3,114
Jan 2008040390.388.21$3,307
Dec 2007042788.337.30$3,118
Nov 2007044691.677.29$3,252
Oct 2007036882.856.92$2,547
Sep 2007046375.846.24$2,891
Aug 2007043069.066.39$2,747
Jul 2007069770.906.39$4,452
Jun 2007076862.007.55$5,797
May 2007075758.747.85$5,940
Apr 200701,14759.617.81$8,953
Mar 200701,56356.927.30$11,413
Feb 200701,25155.108.22$10,278
Jan 200701,42750.306.73$9,599
Dec 200601,28156.656.92$8,863
Nov 200601,32554.207.62$10,093
Oct 200601,59754.906.01$9,604
Sep 200601,46160.085.04$7,359
Aug 200601,70968.717.34$12,544
Jul 200602,02869.376.34$12,863
Jun 200601,93666.286.38$12,359
May 200603,19066.016.42$20,496
Apr 200603,37164.397.36$24,812
Mar 200604,17156.707.08$29,543
Feb 200603,92657.597.75$30,431
Jan 200604,48160.598.93$40,030
Dec 200505,23254.9413.42$70,189
Nov 200504,92854.6910.59$52,180
Oct 200505,54858.3413.80$76,539
Sep 200505,47661.4512.08$66,145
Aug 200505,15061.519.80$50,454
Jul 200501,67455.697.84$13,130

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                   87 Mcf  × $  2.69 =       $234

────────────────────────────────────────────────────
Month total                                     $415

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/212383 is the state's own key, not one this site invented.