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 221761District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.4 M
Jul 2006 – Jul 2019
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 Gas112007-01-09171635
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
CondensateDisposition111 bbl$8,937
GasProduction242,493 Mcf$1,430,404
Total$1,439,341

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 28.0463, -99.8654. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.04633, -99.86539 · 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
13.0 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 5,500 ft.

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

42-4793949190195,500 ftJul 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 (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

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 2016619745.352.69$801
May 2016058542.521.99$1,165
Apr 2016077436.561.99$1,541
Mar 2016067333.011.79$1,207
Feb 2016062526.472.06$1,290
Jan 2016064927.352.36$1,534
Dec 2015590532.362.00$1,973
Nov 2015066938.792.17$1,450
Oct 2015080143.552.43$1,944
Sep 2015073642.992.76$2,030
Aug 2015063140.162.87$1,813
Jul 2015672748.152.95$2,430
Jun 2015078456.152.88$2,260
May 2015074455.212.96$2,199
Apr 201501,23149.822.71$3,332
Mar 201581,50542.892.93$4,760
Feb 201501,43244.662.98$4,262
Jan 2015587943.433.10$2,943
Dec 201401,13154.693.59$4,062
Nov 2014092270.464.25$3,920
Oct 2014254478.303.90$2,279
Sep 2014036486.164.05$1,473
Aug 2014049489.394.04$1,993
Jul 2014360196.564.18$2,802
Jun 2014063498.164.74$3,003
May 2014065094.734.73$3,072
Apr 2014365895.944.81$3,452
Mar 2014076895.895.06$3,884
Feb 2014488897.406.19$5,888
Jan 201401,09590.404.86$5,322
Dec 2013498791.824.35$4,665
Nov 2013096588.853.74$3,607
Oct 2013488397.423.78$3,727
Sep 201341,137104.113.72$4,644
Aug 201301,269104.253.52$4,470
Jul 201301,359102.523.72$5,052
Jun 201301,21894.403.93$4,791
May 201341,10394.834.15$4,956
Apr 201301,04093.964.28$4,454
Mar 201341,05593.623.91$4,503
Feb 2013093191.233.42$3,184
Jan 201341,09391.603.42$4,104
Dec 201201,13086.773.42$3,865
Nov 201241,04886.953.62$4,147
Oct 201201,14289.383.40$3,882
Sep 2012098794.672.92$2,880
Aug 2012499792.662.91$3,270
Jul 201221,02085.133.02$3,251
Jun 201201,00079.822.52$2,519
May 201241,02191.612.49$2,907
Apr 201201,052101.652.00$2,101
Mar 201251,153105.052.22$3,087
Feb 201201,533101.102.57$3,940
Jan 201251,70198.092.73$5,141
Dec 201151,07896.873.24$3,977
Nov 201141,35795.723.31$4,876
Oct 201101,55484.983.65$5,670
Sep 201101,31383.623.99$5,233
Aug 201141,57283.404.15$6,856
Jul 201111,70594.144.52$7,796
Jun 201131,16192.904.64$5,666
May 201141,68398.134.40$7,806
Apr 201101,742105.964.33$7,549
Mar 201101,82996.364.06$7,421
Feb 201101,99485.644.18$8,335
Jan 2011066286.504.59$3,038
Dec 2010055685.734.35$2,417
Nov 201001,63980.843.80$6,221
Oct 201001,21478.103.51$4,260
Sep 2010067372.633.98$2,678
Aug 2010081673.684.42$3,606
Jul 2010083672.554.74$3,960
Jun 2010082870.364.91$4,066
May 2010077571.124.24$3,282
Apr 2010068981.694.12$2,841
Mar 2010069978.394.39$3,068
Feb 2010073773.585.44$4,011
Jan 201001,30574.365.96$7,783
Dec 200901,34171.445.48$7,354
Nov 2009094174.593.75$3,530
Oct 200901,86572.544.11$7,666
Sep 200901,14965.543.06$3,521
Aug 200901,64767.423.22$5,301
Jul 200902,11161.133.46$7,314
Jun 200902,66366.163.90$10,372
May 200902,76754.743.93$10,863
Apr 200901,95446.773.59$7,010
Mar 200902,48042.144.06$10,066
Feb 200901,93732.814.63$8,974
Jan 200901,78335.865.37$9,576
Dec 200802,22437.105.98$13,293
Nov 200801,68455.496.86$11,553
Oct 200802,11975.246.92$14,668
Sep 200802,614101.767.88$20,591
Aug 200802,093114.228.48$17,755
Jul 200802,332131.0811.39$26,560
Jun 200802,561131.3313.03$33,377
May 200803,388123.1711.57$39,214
Apr 200803,032110.3110.45$31,699
Mar 200803,115101.909.66$30,104
Feb 200803,64992.538.77$32,004
Jan 200803,97290.388.21$32,593
Dec 200703,43288.337.30$25,060
Nov 200703,56591.677.29$25,995
Oct 200703,23982.856.92$22,420
Sep 200703,29275.846.24$20,556
Aug 200703,56069.066.39$22,741
Jul 200704,28070.906.39$27,340
Jun 200704,53262.007.55$34,210
May 200705,24058.747.85$41,115
Apr 200705,54659.617.81$43,288
Mar 200705,38756.927.30$39,336
Feb 200705,73855.108.22$47,143
Jan 200707,17650.306.73$48,272
Dec 200607,48656.656.92$51,791
Nov 200608,11154.207.62$61,785
Oct 200609,36954.906.01$56,343
Sep 200609,37360.085.04$47,214
Aug 2006012,32668.717.34$90,472
Jul 200606,88369.376.34$43,657

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             6 bbl  × $ 45.35 =       $272
Gas                  197 Mcf  × $  2.69 =       $529

────────────────────────────────────────────────────
Month total                                     $801

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/221761 is the state's own key, not one this site invented.