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 213483District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.6 M
Aug 2005 – Jul 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
156
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 Gas112006-02-10167234
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
CondensateDisposition85 bbl$6,592
GasProduction249,013 Mcf$1,612,948
Total$1,619,540

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 28.1031, -99.8497. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.10314, -99.84974 · 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
5,450 ft
1 wells filed one
Completion to plug
12.9 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 5,450 ft.

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

Last completion to plug: a median of 12.9 years across the 1 well that filed both dates, with the middle half between 12.9 years and 12.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793912160125,450 ftAug 2005Jul 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 (156)

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

156 months

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 201659845.352.69$490
May 2016049142.521.99$978
Apr 2016050836.561.99$1,011
Mar 2016550633.011.79$1,073
Feb 2016047226.472.06$974
Jan 2016049627.352.36$1,173
Dec 2015061932.362.00$1,239
Nov 2015057938.792.17$1,255
Oct 2015067143.552.43$1,628
Sep 2015063042.992.76$1,738
Aug 2015566040.162.87$2,097
Jul 2015073048.152.95$2,150
Jun 2015077856.152.88$2,243
May 2015062455.212.96$1,844
Apr 2015060249.822.71$1,629
Mar 2015067642.892.93$1,984
Feb 2015571944.662.98$2,363
Jan 2015766843.433.10$2,375
Dec 2014083354.693.59$2,992
Nov 2014079970.464.25$3,397
Oct 2014071578.303.90$2,789
Sep 2014060086.164.05$2,427
Aug 2014473589.394.04$3,323
Jul 2014050596.564.18$2,111
Jun 2014045498.164.74$2,151
May 2014062994.734.73$2,973
Apr 2014561695.944.81$3,442
Mar 2014062695.895.06$3,166
Feb 201491,38797.406.19$9,465
Jan 201401,34890.404.86$6,552
Dec 201381,61091.824.35$7,745
Nov 201301,43088.853.74$5,346
Oct 201301,30297.423.78$4,921
Sep 201301,280104.113.72$4,759
Aug 201301,586104.253.52$5,587
Jul 201301,750102.523.72$6,506
Jun 201301,72294.403.93$6,773
May 201301,59594.834.15$6,618
Apr 201301,48293.964.28$6,347
Mar 201301,54193.623.91$6,030
Feb 201381,49191.233.42$5,829
Jan 201301,70491.603.42$5,828
Dec 201201,73486.773.42$5,931
Nov 201201,70686.953.62$6,184
Oct 201271,65589.383.40$6,252
Sep 201201,48494.672.92$4,331
Aug 201201,53092.662.91$4,449
Jul 201201,44885.133.02$4,374
Jun 201201,46479.822.52$3,688
May 201201,26591.612.49$3,148
Apr 201201,359101.652.00$2,714
Mar 201271,541105.052.22$4,160
Feb 201201,626101.102.57$4,179
Jan 201202,77998.092.73$7,598
Dec 201101,71696.873.24$5,559
Nov 201171,89595.723.31$6,945
Oct 201101,96184.983.65$7,155
Sep 201101,31083.623.99$5,221
Aug 201102,96883.404.15$12,315
Jul 201103,49094.144.52$15,765
Jun 201101,26692.904.64$5,874
May 201102,06398.134.40$9,087
Apr 201101,075105.964.33$4,658
Mar 201121,48596.364.06$6,218
Feb 2011087385.644.18$3,649
Jan 201101,29286.504.59$5,929
Dec 201001,01585.734.35$4,413
Nov 201001,45480.843.80$5,518
Oct 201001,24978.103.51$4,383
Sep 201001,85872.633.98$7,394
Aug 201001,65173.684.42$7,296
Jul 201001,67672.554.74$7,938
Jun 2010163870.364.91$3,203
May 2010062971.124.24$2,664
Apr 201001,07781.694.12$4,440
Mar 201001,26178.394.39$5,534
Feb 201001,27073.585.44$6,912
Jan 201001,47374.365.96$8,785
Dec 200901,57571.445.48$8,637
Nov 200901,40474.593.75$5,267
Oct 200901,56872.544.11$6,445
Sep 200901,17265.543.06$3,592
Aug 200901,72267.423.22$5,542
Jul 200901,71661.133.46$5,945
Jun 200901,83366.163.90$7,140
May 200902,72454.743.93$10,694
Apr 200902,12146.773.59$7,609
Mar 200902,27242.144.06$9,222
Feb 200901,87232.814.63$8,673
Jan 200902,11135.865.37$11,338
Dec 200802,02337.105.98$12,092
Nov 200801,45155.496.86$9,954
Oct 200801,59775.246.92$11,054
Sep 200801,532101.767.88$12,068
Aug 200801,697114.228.48$14,396
Jul 200801,393131.0811.39$15,865
Jun 200801,422131.3313.03$18,532
May 200802,118123.1711.57$24,514
Apr 200801,787110.3110.45$18,683
Mar 200801,932101.909.66$18,671
Feb 200802,02892.538.77$17,787
Jan 200802,36690.388.21$19,415
Dec 200702,45188.337.30$17,897
Nov 200702,15191.677.29$15,684
Oct 200702,53982.856.92$17,575
Sep 200702,69275.846.24$16,809
Aug 200702,73469.066.39$17,465
Jul 200701,75470.906.39$11,204
Jun 200702,72362.007.55$20,554
May 200702,92658.747.85$22,958
Apr 200702,40659.617.81$18,779
Mar 200702,24256.927.30$16,371
Feb 200702,29555.108.22$18,856
Jan 200702,71750.306.73$18,277
Dec 200602,34356.656.92$16,210
Nov 200601,96754.207.62$14,984
Oct 200603,23654.906.01$19,461
Sep 200602,67260.085.04$13,459
Aug 200602,93268.717.34$21,521
Jul 200604,25169.376.34$26,963
Jun 200603,27766.286.38$20,920
May 200603,46466.016.42$22,256
Apr 200603,33264.397.36$24,525
Mar 200604,13056.707.08$29,252
Feb 200604,38157.597.75$33,958
Jan 200605,07960.598.93$45,372
Dec 200505,58154.9413.42$74,871
Nov 200506,74954.6910.59$71,461
Oct 200508,70258.3413.80$120,051
Sep 200508,75461.4512.08$105,740
Aug 2005010,59461.519.80$103,788

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                   98 Mcf  × $  2.69 =       $263

────────────────────────────────────────────────────
Month total                                     $490

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/213483 is the state's own key, not one this site invented.