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 221510District 04Field 35566500CondensateGasSave
Value, all time
$2.1 M
Jun 2006 – Aug 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
147
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition80 bbl$5,405
GasProduction348,984 Mcf$2,110,898
Total$2,116,303

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 28.0645, -99.9008. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.06447, -99.90083 · 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
5,400 ft
1 wells filed one
Completion to plug
12.2 years
median over 1 wells

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 5,400 ft.

Completions filed
Jun 2006
1 of 1 wells
Plug dates filed
Aug 2018
1 of 1 wells

Last completion to plug: a median of 12.2 years across the 1 well that filed both dates, with the middle half between 12.2 years and 12.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793949040235,400 ftJun 2006Aug 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 (147)

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

147 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 2016724645.352.69$978
May 2016082842.521.99$1,649
Apr 2016092636.561.99$1,844
Mar 2016774233.011.79$1,562
Feb 2016068926.472.06$1,422
Jan 2016074627.352.36$1,764
Dec 2015077432.362.00$1,549
Nov 2015089438.792.17$1,938
Oct 201501,32743.552.43$3,220
Sep 2015090442.992.76$2,494
Aug 2015893640.162.87$3,010
Jul 2015090648.152.95$2,668
Jun 2015087656.152.88$2,525
May 2015093255.212.96$2,754
Apr 2015094149.822.71$2,547
Mar 201501,07742.892.93$3,161
Feb 201571,37044.662.98$4,390
Jan 2015121,09743.433.10$3,923
Dec 201401,16254.693.59$4,173
Nov 201401,28270.464.25$5,451
Oct 2014086078.303.90$3,355
Sep 2014064586.164.05$2,609
Aug 2014354389.394.04$2,459
Jul 2014075996.564.18$3,172
Jun 2014073998.164.74$3,501
May 2014085294.734.73$4,027
Apr 2014579995.944.81$4,322
Mar 2014079595.895.06$4,020
Feb 2014572297.406.19$4,958
Jan 2014075190.404.86$3,650
Dec 2013588791.824.35$4,322
Nov 2013078488.853.74$2,931
Oct 2013064797.423.78$2,445
Sep 20130721104.113.72$2,680
Aug 20130848104.253.52$2,987
Jul 20130939102.523.72$3,491
Jun 2013095094.403.93$3,737
May 2013095894.834.15$3,975
Apr 2013090693.964.28$3,880
Mar 2013095593.623.91$3,737
Feb 2013485291.233.42$3,279
Jan 2013097291.603.42$3,324
Dec 2012095986.773.42$3,280
Nov 2012090386.953.62$3,273
Oct 2012593489.383.40$3,622
Sep 2012082594.672.92$2,408
Aug 2012090992.662.91$2,644
Jul 2012087285.133.02$2,634
Jun 2012088279.822.52$2,222
May 2012090291.612.49$2,244
Apr 20120886101.652.00$1,769
Mar 20125894105.052.22$2,512
Feb 20120847101.102.57$2,177
Jan 201202,33898.092.73$6,392
Dec 201101,87696.873.24$6,078
Nov 201172,16495.723.31$7,836
Oct 201102,35884.983.65$8,603
Sep 201101,43683.623.99$5,724
Aug 201101,81483.404.15$7,527
Jul 201102,21294.144.52$9,992
Jun 201101,89692.904.64$8,797
May 201104,61798.134.40$20,337
Apr 201101,540105.964.33$6,673
Mar 201101,20196.364.06$4,873
Feb 201101,58185.644.18$6,609
Jan 201101,91886.504.59$8,801
Dec 201002,07985.734.35$9,039
Nov 201001,21680.843.80$4,615
Oct 201001,95978.103.51$6,874
Sep 2010070372.633.98$2,798
Aug 201002,18673.684.42$9,661
Jul 201001,96072.554.74$9,284
Jun 201001,98470.364.91$9,742
May 201003,14971.124.24$13,337
Apr 201003,07381.694.12$12,669
Mar 201003,98678.394.39$17,493
Feb 201004,37573.585.44$23,810
Jan 201004,44874.365.96$26,528
Dec 200903,47171.445.48$19,034
Nov 200903,18574.593.75$11,949
Oct 200902,92872.544.11$12,035
Sep 200903,54465.543.06$10,861
Aug 200903,71367.423.22$11,950
Jul 200903,83661.133.46$13,290
Jun 200903,48166.163.90$13,559
May 200904,23654.743.93$16,629
Apr 200903,63946.773.59$13,055
Mar 200903,80442.144.06$15,440
Feb 200903,37232.814.63$15,622
Jan 200903,30135.865.37$17,730
Dec 200802,81637.105.98$16,832
Nov 200802,38155.496.86$16,335
Oct 200803,14175.246.92$21,742
Sep 200803,428101.767.88$27,003
Aug 200804,372114.228.48$37,088
Jul 200804,518131.0811.39$51,457
Jun 200804,367131.3313.03$56,914
May 200805,480123.1711.57$63,427
Apr 200805,463110.3110.45$57,115
Mar 200805,995101.909.66$57,936
Feb 200805,64392.538.77$49,492
Jan 200806,37190.388.21$52,279
Dec 200706,44388.337.30$47,047
Nov 200705,74591.677.29$41,891
Oct 200704,42882.856.92$30,651
Sep 200705,28275.846.24$32,982
Aug 200703,95169.066.39$25,239
Jul 200705,69170.906.39$36,354
Jun 200706,13462.007.55$46,302
May 200706,08558.747.85$47,745
Apr 200707,51359.617.81$58,640
Mar 200708,50856.927.30$62,125
Feb 200708,51055.108.22$69,918
Jan 2007011,20650.306.73$75,381
Dec 2006011,14256.656.92$77,085
Nov 2006010,57854.207.62$80,578
Oct 200609,31054.906.01$55,988
Sep 2006010,68060.085.04$53,797
Aug 2006012,61268.717.34$92,571
Jul 2006013,53169.376.34$85,824
Jun 2006072966.286.38$4,654

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             7 bbl  × $ 45.35 =       $317
Gas                  246 Mcf  × $  2.69 =       $661

────────────────────────────────────────────────────
Month total                                     $978

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/221510 is the state's own key, not one this site invented.