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 228567District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$585 k
Jun 2007 – Aug 2017
Value, last 12 filed months
$0
at the published price for each month
Months reported
123
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 Gas112007-12-07177772
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
CondensateDisposition87 bbl$6,515
GasProduction108,000 Mcf$578,197
Total$584,712

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 28.1054, -99.8358. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.10543, -99.83585 · 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
5,600 ft
1 wells filed one
Completion to plug
10.2 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 5,600 ft.

Completions filed
Jun 2007
1 of 1 wells
Plug dates filed
Aug 2017
1 of 1 wells

Last completion to plug: a median of 10.2 years across the 1 well that filed both dates, with the middle half between 10.2 years and 10.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-479398149015,600 ftJun 2007Aug 2017Yes

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 (123)

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

123 months

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 201636745.352.69$316
May 2016045842.521.99$912
Apr 2016038336.561.99$763
Mar 2016536133.011.79$813
Feb 2016041126.472.06$848
Jan 2016045427.352.36$1,073
Dec 2015060032.362.00$1,201
Nov 2015056938.792.17$1,233
Oct 2015069643.552.43$1,689
Sep 2015067442.992.76$1,859
Aug 2015572340.162.87$2,278
Jul 2015073848.152.95$2,173
Jun 2015070056.152.88$2,018
May 2015045355.212.96$1,339
Apr 2015060249.822.71$1,629
Mar 2015066742.892.93$1,957
Feb 2015572944.662.98$2,393
Jan 2015766243.433.10$2,357
Dec 2014082254.693.59$2,952
Nov 2014081670.464.25$3,470
Oct 2014074478.303.90$2,902
Sep 2014064386.164.05$2,601
Aug 2014582589.394.04$3,776
Jul 2014061296.564.18$2,558
Jun 2014061298.164.74$2,899
May 2014069294.734.73$3,271
Apr 2014460895.944.81$3,308
Mar 2014066195.895.06$3,343
Feb 2014572797.406.19$4,989
Jan 2014067290.404.86$3,266
Dec 2013483191.824.35$3,986
Nov 2013081188.853.74$3,032
Oct 2013068297.423.78$2,578
Sep 20130651104.113.72$2,420
Aug 20130834104.253.52$2,938
Jul 20130766102.523.72$2,848
Jun 2013064094.403.93$2,517
May 2013070994.834.15$2,942
Apr 2013068193.964.28$2,916
Mar 2013070493.623.91$2,755
Feb 2013469091.233.42$2,725
Jan 2013081291.603.42$2,777
Dec 2012085086.773.42$2,907
Nov 2012086386.953.62$3,128
Oct 2012485689.383.40$3,268
Sep 2012067794.672.92$1,976
Aug 2012067492.662.91$1,960
Jul 2012063485.133.02$1,915
Jun 2012065779.822.52$1,655
May 2012067691.612.49$1,682
Apr 20120695101.652.00$1,388
Mar 20125788105.052.22$2,276
Feb 20120479101.102.57$1,231
Jan 2012055198.092.73$1,506
Dec 2011039796.873.24$1,286
Nov 20111346495.723.31$2,781
Oct 2011045084.983.65$1,642
Sep 2011082983.623.99$3,304
Aug 2011053083.404.15$2,199
Jul 2011039894.144.52$1,798
Jun 201101,24092.904.64$5,753
May 20110098.134.40$0
Apr 20110547105.964.33$2,370
Mar 2011188996.364.06$3,703
Feb 2011028985.644.18$1,208
Jan 2011054186.504.59$2,483
Dec 2010043285.734.35$1,878
Nov 2010059880.843.80$2,270
Oct 2010064478.103.51$2,260
Sep 2010060072.633.98$2,388
Aug 201001,18373.684.42$5,228
Jul 201001,28872.554.74$6,101
Jun 201092,01670.364.91$10,533
May 201072,09771.124.24$9,379
Apr 201011,69781.694.12$7,078
Mar 201001,46078.394.39$6,407
Feb 201001,23173.585.44$6,700
Jan 2010085974.365.96$5,123
Dec 2009087671.445.48$4,804
Nov 2009087974.593.75$3,298
Oct 2009085472.544.11$3,510
Sep 200901,06365.543.06$3,258
Aug 2009086867.423.22$2,794
Jul 2009075561.133.46$2,616
Jun 2009090266.163.90$3,513
May 200901,01554.743.93$3,985
Apr 2009085846.773.59$3,078
Mar 2009088242.144.06$3,580
Feb 2009077232.814.63$3,577
Jan 200901,02435.865.37$5,500
Dec 200801,15737.105.98$6,916
Nov 200801,29955.496.86$8,912
Oct 200801,22775.246.92$8,493
Sep 200801,218101.767.88$9,594
Aug 200801,388114.228.48$11,774
Jul 200801,431131.0811.39$16,298
Jun 200801,308131.3313.03$17,047
May 200801,534123.1711.57$17,755
Apr 200801,547110.3110.45$16,174
Mar 200801,982101.909.66$19,154
Feb 200801,94992.538.77$17,094
Jan 200802,10190.388.21$17,240
Dec 200702,68288.337.30$19,584
Nov 200703,13891.677.29$22,881
Oct 200703,90382.856.92$27,016
Sep 200704,45975.846.24$27,843
Aug 200703,88769.066.39$24,830
Jul 200702,41370.906.39$15,414
Jun 200702,35862.007.55$17,799

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             3 bbl  × $ 45.35 =       $136
Gas                   67 Mcf  × $  2.69 =       $180

────────────────────────────────────────────────────
Month total                                     $316

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/228567 is the state's own key, not one this site invented.