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 218790District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.0 M
Mar 2006 – Jul 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
161
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 Gas112007-07-25175769
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
CondensateDisposition126 bbl$10,364
GasProduction331,390 Mcf$1,943,393
Total$1,953,757

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 28.0474, -99.8692. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.04735, -99.86919 · 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
5,500 ft
1 wells filed one
Completion to plug
13.3 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 5,500 ft.

Completions filed
Mar 2006
1 of 1 wells
Plug dates filed
Jul 2019
1 of 1 wells

Last completion to plug: a median of 13.3 years across the 1 well that filed both dates, with the middle half between 13.3 years and 13.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793941211195,500 ftMar 2006Jul 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 (161)

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

161 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 2016414745.352.69$576
May 2016062042.521.99$1,234
Apr 2016058436.561.99$1,163
Mar 2016038133.011.79$684
Feb 2016040526.472.06$836
Jan 2016051027.352.36$1,206
Dec 2015456232.362.00$1,254
Nov 2015054638.792.17$1,183
Oct 2015072643.552.43$1,762
Sep 2015071342.992.76$1,967
Aug 2015066240.162.87$1,902
Jul 2015777848.152.95$2,628
Jun 2015085156.152.88$2,453
May 201501,13355.212.96$3,349
Apr 201501,23049.822.71$3,329
Mar 201561,40842.892.93$4,389
Feb 201501,15744.662.98$3,443
Jan 2015564143.433.10$2,205
Dec 2014078654.693.59$2,823
Nov 2014089370.464.25$3,797
Oct 2014486378.303.90$3,680
Sep 2014078586.164.05$3,176
Aug 2014078489.394.04$3,164
Jul 2014480896.564.18$3,763
Jun 2014078598.164.74$3,718
May 2014080594.734.73$3,805
Apr 2014593195.944.81$4,957
Mar 201401,12795.895.06$5,699
Feb 201451,10297.406.19$7,311
Jan 201401,06790.404.86$5,186
Dec 201341,00691.824.35$4,748
Nov 2013098688.853.74$3,686
Oct 2013489597.423.78$3,772
Sep 201341,151104.113.72$4,696
Aug 201301,281104.253.52$4,512
Jul 201301,330102.523.72$4,945
Jun 201301,08594.403.93$4,268
May 201341,10394.834.15$4,956
Apr 201301,03593.964.28$4,432
Mar 201341,01493.623.91$4,342
Feb 2013092591.233.42$3,163
Jan 201341,08891.603.42$4,087
Dec 201201,13086.773.42$3,865
Nov 201241,05586.953.62$4,172
Oct 201201,14189.383.40$3,879
Sep 2012097594.672.92$2,845
Aug 2012499192.662.91$3,253
Jul 201221,02785.133.02$3,273
Jun 201201,00979.822.52$2,542
May 201241,03691.612.49$2,944
Apr 201201,049101.652.00$2,095
Mar 201251,153105.052.22$3,087
Feb 201201,530101.102.57$3,932
Jan 201261,94498.092.73$5,904
Dec 201151,44896.873.24$5,175
Nov 201151,56395.723.31$5,654
Oct 201101,63184.983.65$5,951
Sep 201102,05383.623.99$8,183
Aug 201151,55783.404.15$6,877
Jul 201111,90994.144.52$8,718
Jun 201133,04892.904.64$14,421
May 201152,40098.134.40$11,062
Apr 201102,393105.964.33$10,370
Mar 201101,83696.364.06$7,449
Feb 201101,71585.644.18$7,169
Jan 201101,91886.504.59$8,801
Dec 201001,89085.734.35$8,217
Nov 2010098280.843.80$3,727
Oct 201002,25678.103.51$7,916
Sep 201001,89472.633.98$7,537
Aug 201002,92373.684.42$12,918
Jul 201002,21472.554.74$10,487
Jun 201003,75170.364.91$18,419
May 201003,51271.124.24$14,874
Apr 201003,33781.694.12$13,757
Mar 201003,44878.394.39$15,132
Feb 201003,42973.585.44$18,662
Jan 201092,97774.365.96$18,424
Dec 200903,06071.445.48$16,780
Nov 200903,55674.593.75$13,340
Oct 200903,78672.544.11$15,561
Sep 200904,39565.543.06$13,470
Aug 200903,08767.423.22$9,936
Jul 200902,50061.133.46$8,661
Jun 200902,27166.163.90$8,846
May 200903,09054.743.93$12,131
Apr 200903,11046.773.59$11,157
Mar 200902,90342.144.06$11,783
Feb 200902,60532.814.63$12,069
Jan 200903,03235.865.37$16,285
Dec 200802,63337.105.98$15,738
Nov 200802,23355.496.86$15,319
Oct 200802,36175.246.92$16,343
Sep 200802,753101.767.88$21,686
Aug 200802,172114.228.48$18,425
Jul 200802,140131.0811.39$24,373
Jun 200802,445131.3313.03$31,865
May 200802,850123.1711.57$32,987
Apr 200803,048110.3110.45$31,866
Mar 200803,920101.909.66$37,883
Feb 200803,62692.538.77$31,802
Jan 200804,34790.388.21$35,670
Dec 200704,11488.337.30$30,040
Nov 200704,24291.677.29$30,931
Oct 200704,55082.856.92$31,495
Sep 200704,25375.846.24$26,556
Aug 200704,85069.066.39$30,982
Jul 200705,82770.906.39$37,223
Jun 200706,03062.007.55$45,517
May 200707,69558.747.85$60,377
Apr 200707,21959.617.81$56,346
Mar 200707,15156.927.30$52,216
Feb 200707,62255.108.22$62,622
Jan 200708,73950.306.73$58,786
Dec 200609,12956.656.92$63,158
Nov 200608,12254.207.62$61,869
Oct 200607,41654.906.01$44,598
Sep 200607,68860.085.04$38,726
Aug 200608,51068.717.34$62,463
Jul 200606,73669.376.34$42,725
Jun 200607,97666.286.38$50,918
May 200609,72566.016.42$62,483
Apr 2006011,31264.397.36$83,262
Mar 200603,74856.707.08$26,547

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                  147 Mcf  × $  2.69 =       $395

────────────────────────────────────────────────────
Month total                                     $576

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/218790 is the state's own key, not one this site invented.