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 219269District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$604 k
Mar 2006 – Sep 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
187
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 Gas112006-10-26170953
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
CondensateDisposition46 bbl$3,190
GasProduction98,669 Mcf$600,967
Total$604,157

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 28.0437, -99.9118. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.04368, -99.91184 · 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
5,355 ft
1 wells filed one
Completion to plug
15.5 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 5,355 ft.

Completions filed
Mar 2006
1 of 1 wells
Plug dates filed
Sep 2021
1 of 1 wells

Last completion to plug: a median of 15.5 years across the 1 well that filed both dates, with the middle half between 15.5 years and 15.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793939811165,355 ftMar 2006Sep 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 (187)

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

187 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 2016513445.352.69$587
May 2016046342.521.99$922
Apr 2016077336.561.99$1,539
Mar 2016067533.011.79$1,211
Feb 2016053826.472.06$1,110
Jan 2016041627.352.36$984
Dec 2015559432.362.00$1,351
Nov 2015073638.792.17$1,595
Oct 2015064343.552.43$1,560
Sep 2015082342.992.76$2,270
Aug 2015068340.162.87$1,962
Jul 2015475648.152.95$2,419
Jun 2015059056.152.88$1,701
May 2015050355.212.96$1,487
Apr 2015056449.822.71$1,527
Mar 2015449342.892.93$1,618
Feb 2015046044.662.98$1,369
Jan 2015480343.433.10$2,664
Dec 2014083754.693.59$3,006
Nov 2014066270.464.25$2,815
Oct 2014246978.303.90$1,986
Sep 2014037286.164.05$1,505
Aug 2014040089.394.04$1,614
Jul 2014238396.564.18$1,794
Jun 2014039998.164.74$1,890
May 2014042294.734.73$1,995
Apr 2014242195.944.81$2,217
Mar 2014044695.895.06$2,255
Feb 2014236097.406.19$2,424
Jan 2014057590.404.86$2,795
Dec 2013255791.824.35$2,609
Nov 2013039688.853.74$1,480
Oct 2013372397.423.78$3,025
Sep 20131236104.113.72$982
Aug 20130269104.253.52$948
Jul 20130258102.523.72$959
Jun 2013020394.403.93$798
May 2013117594.834.15$821
Apr 2013016793.964.28$715
Mar 2013117193.623.91$763
Feb 2013014991.233.42$510
Jan 2013116791.603.42$663
Dec 2012016686.773.42$568
Nov 2012116586.953.62$685
Oct 2012016689.383.40$564
Sep 2012015594.672.92$452
Aug 2012116892.662.91$581
Jul 2012017585.133.02$529
Jun 2012017379.822.52$436
May 2012117591.612.49$527
Apr 20120169101.652.00$337
Mar 20121176105.052.22$496
Feb 20120212101.102.57$545
Jan 2012123298.092.73$732
Dec 201119396.873.24$398
Nov 2011117395.723.31$669
Oct 2011016784.983.65$609
Sep 2011026083.623.99$1,036
Aug 2011012983.404.15$535
Jul 2011029394.144.52$1,324
Jun 2011032992.904.64$1,527
May 2011020998.134.40$921
Apr 20110217105.964.33$940
Mar 2011022196.364.06$897
Feb 201107485.644.18$309
Jan 2011013586.504.59$619
Dec 2010014285.734.35$617
Nov 2010011580.843.80$436
Oct 201005078.103.51$175
Sep 2010013172.633.98$521
Aug 2010017473.684.42$769
Jul 2010017172.554.74$810
Jun 2010025970.364.91$1,272
May 2010024271.124.24$1,025
Apr 2010023081.694.12$948
Mar 2010024678.394.39$1,080
Feb 2010031073.585.44$1,687
Jan 2010039874.365.96$2,374
Dec 2009039371.445.48$2,155
Nov 2009024174.593.75$904
Oct 2009036572.544.11$1,500
Sep 2009023265.543.06$711
Aug 2009025467.423.22$818
Jul 2009018361.133.46$634
Jun 2009019566.163.90$760
May 2009038054.743.93$1,492
Apr 2009045446.773.59$1,629
Mar 2009038542.144.06$1,563
Feb 2009046132.814.63$2,136
Jan 2009042135.865.37$2,261
Dec 200801,06737.105.98$6,378
Nov 2008093255.496.86$6,394
Oct 2008080075.246.92$5,538
Sep 20080862101.767.88$6,790
Aug 20080765114.228.48$6,490
Jul 20080719131.0811.39$8,189
Jun 20080795131.3313.03$10,361
May 20080977123.1711.57$11,308
Apr 20080824110.3110.45$8,615
Mar 200801,032101.909.66$9,973
Feb 200801,12292.538.77$9,841
Jan 200801,56690.388.21$12,850
Dec 200701,68188.337.30$12,275
Nov 200701,70991.677.29$12,462
Oct 200701,57582.856.92$10,902
Sep 200701,47475.846.24$9,204
Aug 200701,49669.066.39$9,556
Jul 200701,81070.906.39$11,562
Jun 200701,55362.007.55$11,723
May 200701,94458.747.85$15,253
Apr 200702,06859.617.81$16,141
Mar 200702,24256.927.30$16,371
Feb 200702,19255.108.22$18,009
Jan 200702,46350.306.73$16,568
Dec 200602,58256.656.92$17,863
Nov 200602,87054.207.62$21,862
Oct 200602,75254.906.01$16,550
Sep 200603,19560.085.04$16,094
Aug 200603,58068.717.34$26,277
Jul 200603,64669.376.34$23,126
Jun 200603,79966.286.38$24,252
May 200604,66766.016.42$29,985
Apr 200605,65764.397.36$41,638
Mar 200601,52556.707.08$10,801

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                  134 Mcf  × $  2.69 =       $360

────────────────────────────────────────────────────
Month total                                     $587

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/219269 is the state's own key, not one this site invented.