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 212891District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.4 M
Aug 2005 – Aug 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
157
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 Gas112006-02-10167091
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$7,209
GasProduction319,135 Mcf$2,411,550
Total$2,418,759

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 28.0365, -99.8692. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.03646, -99.86915 · 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
5,525 ft
1 wells filed one
Completion to plug
13.0 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 5,525 ft.

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

Last completion to plug: a median of 13.0 years across the 1 well that filed both dates, with the middle half between 13.0 years and 13.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793922810195,525 ftAug 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 (157)

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

157 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 201657645.352.69$431
May 2016051242.521.99$1,019
Apr 2016064236.561.99$1,278
Mar 2016058133.011.79$1,042
Feb 2016041526.472.06$856
Jan 2016054127.352.36$1,279
Dec 2015554632.362.00$1,255
Nov 2015069338.792.17$1,502
Oct 2015071243.552.43$1,728
Sep 2015087442.992.76$2,411
Aug 2015024040.162.87$689
Jul 2015452748.152.95$1,745
Jun 2015080956.152.88$2,332
May 2015063555.212.96$1,877
Apr 2015054349.822.71$1,470
Mar 2015345042.892.93$1,449
Feb 2015054144.662.98$1,610
Jan 2015343743.433.10$1,485
Dec 2014055054.693.59$1,975
Nov 2014055870.464.25$2,373
Oct 2014477578.303.90$3,336
Sep 2014077786.164.05$3,143
Aug 2014082189.394.04$3,313
Jul 2014482696.564.18$3,839
Jun 2014079798.164.74$3,775
May 2014074694.734.73$3,526
Apr 2014367395.944.81$3,524
Mar 2014073895.895.06$3,732
Feb 2014487797.406.19$5,820
Jan 201401,06590.404.86$5,177
Dec 201341,00591.824.35$4,744
Nov 2013093288.853.74$3,484
Oct 2013479297.423.78$3,383
Sep 20133925104.113.72$3,751
Aug 20130922104.253.52$3,248
Jul 20130896102.523.72$3,331
Jun 2013095294.403.93$3,745
May 201341,09894.834.15$4,935
Apr 2013096893.964.28$4,146
Mar 201341,04793.623.91$4,471
Feb 2013094191.233.42$3,218
Jan 201341,10191.603.42$4,132
Dec 201201,12386.773.42$3,841
Nov 201241,04986.953.62$4,150
Oct 201201,12989.383.40$3,838
Sep 2012097794.672.92$2,851
Aug 2012499092.662.91$3,250
Jul 201221,02285.133.02$3,258
Jun 201201,00979.822.52$2,542
May 201241,02891.612.49$2,924
Apr 201201,048101.652.00$2,093
Mar 201231,144105.052.22$2,857
Feb 20120869101.102.57$2,234
Jan 2012389898.092.73$2,749
Dec 2011394496.873.24$3,349
Nov 201121,03595.723.31$3,619
Oct 2011093184.983.65$3,397
Sep 201101,01183.623.99$4,030
Aug 2011280583.404.15$3,507
Jul 2011091894.144.52$4,147
Jun 2011174192.904.64$3,531
May 2011282298.134.40$3,817
Apr 20110817105.964.33$3,540
Mar 2011094196.364.06$3,818
Feb 2011069085.644.18$2,884
Jan 2011071086.504.59$3,258
Dec 2010083985.734.35$3,648
Nov 2010099580.843.80$3,776
Oct 2010081678.103.51$2,863
Sep 2010064072.633.98$2,547
Aug 2010095273.684.42$4,207
Jul 201001,34272.554.74$6,356
Jun 2010035470.364.91$1,738
May 2010033271.124.24$1,406
Apr 2010077781.694.12$3,203
Mar 201001,15578.394.39$5,069
Feb 201001,11873.585.44$6,085
Jan 201001,20574.365.96$7,187
Dec 200901,22271.445.48$6,701
Nov 200901,20074.593.75$4,502
Oct 200901,11272.544.11$4,571
Sep 200901,25365.543.06$3,840
Aug 200901,37667.423.22$4,429
Jul 200901,43861.133.46$4,982
Jun 200901,19566.163.90$4,655
May 200901,47754.743.93$5,798
Apr 200901,30146.773.59$4,667
Mar 200901,38942.144.06$5,638
Feb 200901,32732.814.63$6,148
Jan 200901,37835.865.37$7,401
Dec 200801,30037.105.98$7,770
Nov 200801,12255.496.86$7,697
Oct 200801,90875.246.92$13,207
Sep 200803,403101.767.88$26,806
Aug 200804,612114.228.48$39,124
Jul 200803,859131.0811.39$43,952
Jun 200803,900131.3313.03$50,827
May 200804,848123.1711.57$56,112
Apr 200804,470110.3110.45$46,733
Mar 200804,911101.909.66$47,460
Feb 200803,59892.538.77$31,557
Jan 200803,34890.388.21$27,473
Dec 200703,37688.337.30$24,651
Nov 200703,41091.677.29$24,865
Oct 200703,44882.856.92$23,867
Sep 200703,27675.846.24$20,456
Aug 200703,98969.066.39$25,481
Jul 200704,35570.906.39$27,819
Jun 200704,56862.007.55$34,481
May 200706,50958.747.85$51,071
Apr 200708,32859.617.81$65,002
Mar 200704,59756.927.30$33,567
Feb 200704,38555.108.22$36,027
Jan 200705,04450.306.73$33,930
Dec 200605,06356.656.92$35,028
Nov 200605,29954.207.62$40,365
Oct 200606,95654.906.01$41,832
Sep 200607,26660.085.04$36,600
Aug 200608,31468.717.34$61,024
Jul 200606,69569.376.34$42,465
Jun 200605,24366.286.38$33,471
May 200605,38066.016.42$34,567
Apr 200605,84164.397.36$42,993
Mar 200607,96156.707.08$56,387
Feb 2006010,16057.597.75$78,751
Jan 2006013,83860.598.93$123,619
Dec 2005013,03254.9413.42$174,829
Nov 2005014,99654.6910.59$158,784
Oct 2005015,67358.3413.80$216,221
Sep 2005010,16361.4512.08$122,759
Aug 200501,29161.519.80$12,648

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             5 bbl  × $ 45.35 =       $227
Gas                   76 Mcf  × $  2.69 =       $204

────────────────────────────────────────────────────
Month total                                     $431

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/212891 is the state's own key, not one this site invented.