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 212385District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.5 M
Jul 2005 – Jul 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
169
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 Gas112006-03-22166574
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
CondensateDisposition88 bbl$7,371
GasProduction225,490 Mcf$1,529,947
Total$1,537,318

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 28.0376, -99.8905. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.03761, -99.89048 · 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
5,455 ft
1 wells filed one
Completion to plug
14.0 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 5,455 ft.

Completions filed
Jul 2005
1 of 1 wells
Plug dates filed
Jul 2019
1 of 1 wells

Last completion to plug: a median of 14.0 years across the 1 well that filed both dates, with the middle half between 14.0 years and 14.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793915815185,455 ftJul 2005Jul 2019Yes

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 (169)

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

169 months

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 2016412245.352.69$509
May 2016053942.521.99$1,073
Apr 2016062736.561.99$1,248
Mar 2016045833.011.79$822
Feb 2016044126.472.06$910
Jan 2016044427.352.36$1,050
Dec 2015354632.362.00$1,190
Nov 2015045038.792.17$975
Oct 2015058543.552.43$1,420
Sep 2015063642.992.76$1,754
Aug 2015074640.162.87$2,143
Jul 2015467948.152.95$2,192
Jun 2015053556.152.88$1,542
May 2015082655.212.96$2,441
Apr 2015054749.822.71$1,480
Mar 2015352642.892.93$1,672
Feb 2015052844.662.98$1,571
Jan 2015350643.433.10$1,699
Dec 2014054854.693.59$1,968
Nov 2014060870.464.25$2,585
Oct 2014481978.303.90$3,508
Sep 2014075986.164.05$3,070
Aug 2014078089.394.04$3,147
Jul 2014480496.564.18$3,747
Jun 2014079898.164.74$3,780
May 2014074894.734.73$3,535
Apr 2014363995.944.81$3,361
Mar 2014076095.895.06$3,843
Feb 2014489197.406.19$5,907
Jan 201401,07590.404.86$5,225
Dec 201341,01491.824.35$4,783
Nov 2013094388.853.74$3,525
Oct 2013483697.423.78$3,549
Sep 201331,159104.113.72$4,621
Aug 201301,313104.253.52$4,625
Jul 20130877102.523.72$3,260
Jun 2013094094.403.93$3,697
May 201341,09994.834.15$4,939
Apr 201301,03893.964.28$4,445
Mar 201341,00893.623.91$4,319
Feb 2013092691.233.42$3,167
Jan 201341,09491.603.42$4,108
Dec 201201,12686.773.42$3,851
Nov 201241,05086.953.62$4,154
Oct 201201,14189.383.40$3,879
Sep 2012097894.672.92$2,854
Aug 2012499592.662.91$3,264
Jul 201221,02585.133.02$3,267
Jun 201201,01179.822.52$2,547
May 201241,02091.612.49$2,905
Apr 201201,059101.652.00$2,115
Mar 201231,148105.052.22$2,866
Feb 20120881101.102.57$2,264
Jan 2012396198.092.73$2,922
Dec 2011385696.873.24$3,064
Nov 2011394295.723.31$3,406
Oct 2011097584.983.65$3,557
Sep 201101,18283.623.99$4,711
Aug 2011385483.404.15$3,794
Jul 201101,46794.144.52$6,627
Jun 201121,19092.904.64$5,707
May 201121,26498.134.40$5,764
Apr 20110951105.964.33$4,121
Mar 201101,32596.364.06$5,376
Feb 201101,39585.644.18$5,831
Jan 2011081086.504.59$3,717
Dec 2010035585.734.35$1,543
Nov 2010072180.843.80$2,736
Oct 2010097378.103.51$3,414
Sep 2010057572.633.98$2,288
Aug 201001,02473.684.42$4,525
Jul 201001,20472.554.74$5,703
Jun 201001,13870.364.91$5,588
May 201001,06571.124.24$4,511
Apr 201001,01381.694.12$4,176
Mar 201001,16878.394.39$5,126
Feb 201002,27673.585.44$12,387
Jan 201001,90674.365.96$11,368
Dec 200901,66571.445.48$9,130
Nov 200901,44374.593.75$5,413
Oct 200901,35072.544.11$5,549
Sep 200901,36765.543.06$4,190
Aug 200901,53567.423.22$4,940
Jul 200901,42861.133.46$4,947
Jun 200901,46366.163.90$5,698
May 200901,48454.743.93$5,826
Apr 200901,30646.773.59$4,685
Mar 200901,44842.144.06$5,877
Feb 200901,26232.814.63$5,847
Jan 200901,54335.865.37$8,287
Dec 200801,30837.105.98$7,818
Nov 200801,18855.496.86$8,150
Oct 200801,31875.246.92$9,123
Sep 200801,581101.767.88$12,454
Aug 200801,375114.228.48$11,664
Jul 200801,429131.0811.39$16,276
Jun 200801,633131.3313.03$21,282
May 200801,975123.1711.57$22,859
Apr 200801,811110.3110.45$18,934
Mar 200802,109101.909.66$20,382
Feb 200801,97592.538.77$17,322
Jan 200802,05990.388.21$16,896
Dec 200702,11788.337.30$15,458
Nov 200702,21691.677.29$16,158
Oct 200702,13682.856.92$14,785
Sep 200702,05875.846.24$12,850
Aug 200702,40869.066.39$15,382
Jul 200702,84770.906.39$18,186
Jun 200702,77762.007.55$20,962
May 200703,41858.747.85$26,819
Apr 200703,57259.617.81$27,880
Mar 200703,43856.927.30$25,104
Feb 200703,40955.108.22$28,008
Jan 200703,89150.306.73$26,174
Dec 200604,02356.656.92$27,833
Nov 200604,13654.207.62$31,506
Oct 200604,32954.906.01$26,034
Sep 200604,23760.085.04$21,343
Aug 200603,44368.717.34$25,271
Jul 200602,96969.376.34$18,832
Jun 200603,34166.286.38$21,329
May 200603,73066.016.42$23,965
Apr 200604,30764.397.36$31,702
Mar 200604,46656.707.08$31,632
Feb 200604,65857.597.75$36,105
Jan 200605,41860.598.93$48,401
Dec 200506,08154.9413.42$81,579
Nov 200506,13254.6910.59$64,928
Oct 200508,40958.3413.80$116,009
Sep 200507,43261.4512.08$89,771
Aug 200506,20461.519.80$60,780
Jul 2005059255.697.84$4,643

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                  122 Mcf  × $  2.69 =       $328

────────────────────────────────────────────────────
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/212385 is the state's own key, not one this site invented.