PETTY, O. S.

Name: PETTY, O. S. lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 51179District 04Field 35566500CondensateGasSave Export

Value, all time

$841 k

Jan 1993 – Jun 2018

Value, last 12 filed months

at the published price for each month

Months reported

306

no gaps in the span

Streams

condensate, gas

The GOLD RIVER, NORTH (OLMOS) field

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.”

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.

Stream	Basis	Volume	Value
Condensate	Disposition	750 bbl	$19,801
Gas	Production	255,514 Mcf	$821,470
Total			$841,272

79,515 Mcf of this lease's gas, across 38 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 28.1096, -99.8487. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.10957, -99.84874 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

46.9 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

Jul 1971

1 of 1 wells

Plug dates filed

Jun 2018

1 of 1 wells

Last completion to plug: a median of 46.9 years across the 1 well that filed both dates, with the middle half between 46.9 years and 46.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47930217	1	5,600 ft	Jul 1971	Jun 2018	Yes

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 (306)

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

306 months


Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	16	45.35	2.69	$43
May 2016	0	94	42.52	1.99	$187
Apr 2016	0	91	36.56	1.99	$181
Mar 2016	1	91	33.01	1.79	$196
Feb 2016	0	97	26.47	2.06	$200
Jan 2016	0	99	27.35	2.36	$234
Dec 2015	0	111	32.36	2.00	$222
Nov 2015	0	86	38.79	2.17	$186
Oct 2015	0	154	43.55	2.43	$374
Sep 2015	0	90	42.99	2.76	$248
Aug 2015	2	204	40.16	2.87	$666
Jul 2015	0	160	48.15	2.95	$471
Jun 2015	0	190	56.15	2.88	$548
May 2015	0	118	55.21	2.96	$349
Apr 2015	0	249	49.82	2.71	$674
Mar 2015	0	286	42.89	2.93	$839
Feb 2015	2	264	44.66	2.98	$875
Jan 2015	2	214	43.43	3.10	$750
Dec 2014	0	287	54.69	3.59	$1,031
Nov 2014	0	228	70.46	4.25	$969
Oct 2014	0	264	78.30	3.90	$1,030
Sep 2014	0	244	86.16	4.05	$987
Aug 2014	2	327	89.39	4.04	$1,498
Jul 2014	0	286	96.56	4.18	$1,195
Jun 2014	0	299	98.16	4.74	$1,416
May 2014	0	377	94.73	4.73	$1,782
Apr 2014	3	376	95.94	4.81	$2,096
Mar 2014	0	410	95.89	5.06	$2,073
Feb 2014	3	473	97.40	6.19	$3,221
Jan 2014	0	385	90.40	4.86	$1,871
Dec 2013	4	283	91.82	4.35	$1,600
Nov 2013	0	263	88.85	3.74	$983
Oct 2013	0	252	97.42	3.78	$952
Sep 2013	0	178	104.11	3.72	$662
Aug 2013	0	219	104.25	3.52	$771
Jul 2013	0	216	102.52	3.72	$803
Jun 2013	0	460	94.40	3.93	$1,809
May 2013	0	703	94.83	4.15	$2,917
Apr 2013	0	682	93.96	4.28	$2,921
Mar 2013	0	711	93.62	3.91	$2,782
Feb 2013	4	719	91.23	3.42	$2,824
Jan 2013	0	804	91.60	3.42	$2,750
Dec 2012	0	845	86.77	3.42	$2,890
Nov 2012	0	862	86.95	3.62	$3,125
Oct 2012	4	937	89.38	3.40	$3,543
Sep 2012	0	704	94.67	2.92	$2,055
Aug 2012	0	677	92.66	2.91	$1,969
Jul 2012	0	643	85.13	3.02	$1,942
Jun 2012	0	683	79.82	2.52	$1,721
May 2012	0	771	91.61	2.49	$1,918
Apr 2012	0	866	101.65	2.00	$1,729
Mar 2012	3	821	105.05	2.22	$2,139
Feb 2012	0	179	101.10	2.57	$460
Jan 2012	0	211	98.09	2.73	$577
Dec 2011	0	112	96.87	3.24	$363
Nov 2011	0	143	95.72	3.31	$474
Oct 2011	0	155	84.98	3.65	$566
Sep 2011	0	783	83.62	3.99	$3,121
Aug 2011	0	400	83.40	4.15	$1,660
Jul 2011	0	251	94.14	4.52	$1,134
Jun 2011	0	842	92.90	4.64	$3,907
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	161	105.96	4.33	$698
Mar 2011	1	384	96.36	4.06	$1,654
Feb 2011	0	229	85.64	4.18	$957
Jan 2011	0	353	86.50	4.59	$1,620
Dec 2010	0	298	85.73	4.35	$1,296
Nov 2010	0	352	80.84	3.80	$1,336
Oct 2010	0	456	78.10	3.51	$1,600
Sep 2010	0	399	72.63	3.98	$1,588
Aug 2010	0	189	73.68	4.42	$835
Jul 2010	0	229	72.55	4.74	$1,085
Jun 2010	0	95	70.36	4.91	$466
May 2010	0	85	71.12	4.24	$360
Apr 2010	0	136	81.69	4.12	$561
Mar 2010	0	160	78.39	4.39	$702
Feb 2010	0	163	73.58	5.44	$887
Jan 2010	0	205	74.36	5.96	$1,223
Dec 2009	0	266	71.44	5.48	$1,459
Nov 2009	0	272	74.59	3.75	$1,020
Oct 2009	0	231	72.54	4.11	$949
Sep 2009	0	251	65.54	3.06	$769
Aug 2009	0	223	67.42	3.22	$718
Jul 2009	0	223	61.13	3.46	$773
Jun 2009	0	187	66.16	3.90	$728
May 2009	0	190	54.74	3.93	$746
Apr 2009	0	134	46.77	3.59	$481
Mar 2009	0	96	42.14	4.06	$390
Feb 2009	0	171	32.81	4.63	$792
Jan 2009	0	237	35.86	5.37	$1,273
Dec 2008	0	272	37.10	5.98	$1,626
Nov 2008	0	276	55.49	6.86	$1,893
Oct 2008	0	277	75.24	6.92	$1,917
Sep 2008	0	228	101.76	7.88	$1,796
Aug 2008	0	153	114.22	8.48	$1,298
Jul 2008	0	76	131.08	11.39	$866
Jun 2008	0	96	131.33	13.03	$1,251
May 2008	0	122	123.17	11.57	$1,412
Apr 2008	0	96	110.31	10.45	$1,004
Mar 2008	0	144	101.90	9.66	$1,392
Feb 2008	0	141	92.53	8.77	$1,237
Jan 2008	0	156	90.38	8.21	$1,280
Dec 2007	0	168	88.33	7.30	$1,227
Nov 2007	0	140	91.67	7.29	$1,021
Oct 2007	0	175	82.85	6.92	$1,211
Sep 2007	0	171	75.84	6.24	$1,068
Aug 2007	0	121	69.06	6.39	$773
Jul 2007	0	151	70.90	6.39	$965
Jun 2007	0	146	62.00	7.55	$1,102
May 2007	0	246	58.74	7.85	$1,930
Apr 2007	0	526	59.61	7.81	$4,106
Mar 2007	0	478	56.92	7.30	$3,490
Feb 2007	0	377	55.10	8.22	$3,097
Jan 2007	0	450	50.30	6.73	$3,027
Dec 2006	0	401	56.65	6.92	$2,774
Nov 2006	0	482	54.20	7.62	$3,672
Oct 2006	0	883	54.90	6.01	$5,310
Sep 2006	0	606	60.08	5.04	$3,053
Aug 2006	0	531	68.71	7.34	$3,898
Jul 2006	0	755	69.37	6.34	$4,789
Jun 2006	0	800	66.28	6.38	$5,107
May 2006	1	650	66.01	6.42	$4,242
Apr 2006	1	775	64.39	7.36	$5,769
Mar 2006	3	834	56.70	7.08	$6,077
Feb 2006	3	785	57.59	7.75	$6,257
Jan 2006	3	1,144	60.59	8.93	$10,401
Dec 2005	3	985	54.94	13.42	$13,379
Nov 2005	2	945	54.69	10.59	$10,115
Oct 2005	2	997	58.34	13.80	$13,871
Sep 2005	2	1,049	61.45	12.08	$12,794
Aug 2005	3	921	61.51	9.80	$9,207
Jul 2005	2	1,091	55.69	7.84	$8,669
Jun 2005	2	978	52.33	7.38	$7,323
May 2005	8	1,058	45.22	6.65	$7,399
Apr 2005	8	1,258	49.20	7.36	$9,653
Mar 2005	7	1,288	50.37	7.15	$9,568
Feb 2005	5	518	45.22	6.31	$3,496
Jan 2005	3	498	43.16	6.32	$3,278
Dec 2004	2	369	39.86	6.75	$2,571
Nov 2004	3	558	45.28	6.33	$3,668
Oct 2004	6	593	49.70	6.52	$4,162
Sep 2004	2	743	43.24	5.28	$4,012
Aug 2004	0	810	42.37	5.55	$4,496
Jul 2004	7	603	38.28	6.08	$3,937
Jun 2004	2	534	36.10	6.43	$3,507
May 2004	2	591	37.48	6.49	$3,913
Apr 2004	2	657	34.47	5.86	$3,918
Mar 2004	3	698	34.36	5.53	$3,963
Feb 2004	5	693	32.45	5.51	$3,980
Jan 2004	9	747	32.03	6.30	$4,994
Dec 2003	0	554	30.26	6.30	$3,491
Nov 2003	0	726	28.80	4.60	$3,336
Oct 2003	0	680	28.17	4.76	$3,237
Sep 2003	0	745	26.31	4.75	$3,538
Aug 2003	0	833	29.76	5.13	$4,273
Jul 2003	0	487	29.41	5.17	$2,518
Jun 2003	0	674	28.56	5.98	$4,033
May 2003	0	767	26.59	5.97	$4,581
Apr 2003	1	654	26.67	5.41	$3,563
Mar 2003	3	754	31.14	6.10	$4,690
Feb 2003	3	1,094	33.48	7.93	$8,771
Jan 2003	3	1,180	30.31	5.58	$6,678
Dec 2002	5	1,378	26.91	4.85	$6,823
Nov 2002	4	1,378	24.66	4.14	$5,799
Oct 2002	1	694	26.46	4.23	$2,961
Sep 2002	0	725	27.44	3.64	$2,636
Aug 2002	0	943	25.96	3.16	$2,984
Jul 2002	0	1,636	24.58	3.06	$5,009
Jun 2002	0	1,534	23.73	3.34	$5,121
May 2002	0	1,488	24.66	3.58	$5,333
Apr 2002	0	1,478	23.65	3.51	$5,191
Mar 2002	0	1,427	22.00	3.10	$4,428
Feb 2002	0	1,143	18.22	2.38	$2,715
Jan 2002	0	1,845	17.17	2.38	$4,383
Dec 2001	0	1,868	16.93	2.36	$4,417
Nov 2001	0	1,926	18.07	2.41	$4,633
Oct 2001	0	2,001	19.78	2.53	$5,060
Sep 2001	0	2,026	24.26	2.25	$4,561
Aug 2001	0	2,618	24.87	3.05	$7,993
Jul 2001	0	1,950	23.93	3.20	$6,234
Jun 2001	0	2,804	24.56	3.82	$10,723
May 2001	2	2,986	25.52	4.31	$12,913
Apr 2001	5	3,080	24.68	5.34	$16,556
Mar 2001	21	3,580	24.54	5.38	$19,763
Feb 2001	17	3,036	27.75	5.77	$17,981
Jan 2001	28	4,119	27.47	8.40	$35,364
Dec 2000	50	6,611	26.88	9.12	$61,653
Nov 2000	23	8,281	32.21	5.66	$47,595
Oct 2000	1	166	31.23	5.15	$885
Sep 2000	1	232	31.87	5.19	$1,235
Aug 2000	0	238	29.64	4.54	$1,081
Jul 2000	1	370	28.53	4.09	$1,542
Jun 2000	1	299	29.30	4.40	$1,344
May 2000	3	420	27.26	3.68	$1,627
Apr 2000	2	396	24.51	3.12	$1,283
Mar 2000	4	388	28.42	2.86	$1,223
Feb 2000	2	271	27.62	2.73	$794
Jan 2000	1	315	25.27	2.48	$807
Dec 1999	2	353	24.28	2.42	$904
Nov 1999	1	0	23.19	2.43	$23
Oct 1999	3	256	20.98	2.80	$781
Sep 1999	11	339	21.75	2.62	$1,127
Aug 1999	11	320	19.26	2.88	$1,132
Jul 1999	19	409	17.89	2.37	$1,310
Jun 1999	13	493	15.94	2.36	$1,372
May 1999	7	468	15.79	2.32	$1,197
Apr 1999	5	575	15.10	2.21	$1,345
Mar 1999	2	712	12.47	1.84	$1,334
Feb 1999	0	584	9.98	1.82	$1,062
Jan 1999	3	682	10.38	1.90	$1,327
Dec 1998	0	604	9.20	1.77	$1,071
Nov 1998	2	692	10.89	2.19	$1,534
Oct 1998	0	913	12.42	1.97	$1,798
Sep 1998	0	973	12.59	2.08	$2,026
Aug 1998	7	998	11.30	1.91	$1,983
Jul 1998	0	999	11.74	2.24	$2,235
Jun 1998	3	1,039	11.24	2.24	$2,358
May 1998	0	1,069	12.62	2.21	$2,359
Apr 1998	2	1,373	13.04	2.51	$3,466
Mar 1998	4	1,369	12.80	2.31	$3,213
Feb 1998	0	1,549	13.95	2.30	$3,561
Jan 1998	8	1,480	14.70	2.15	$3,307
Dec 1997	2	1,522	16.32	2.41	$3,702
Nov 1997	3	1,582	18.19	3.09	$4,940
Oct 1997	9	1,584	19.25	3.15	$5,163
Sep 1997	0	1,732	17.74	2.95	$5,118
Aug 1997	2	1,773	17.86	2.55	$4,565
Jul 1997	9	1,649	17.58	2.25	$3,863
Jun 1997	0	1,495	17.24	2.26	$3,375
May 1997	5	1,874	18.97	2.31	$4,421
Apr 1997	3	1,866	17.88	2.08	$3,940
Mar 1997	8	2,025	18.95	1.94	$4,078
Feb 1997	1	1,702	20.49	2.21	$3,775
Jan 1997	6	1,814	23.48	3.54	$6,562
Dec 1996	4	1,779	23.32	—	$93
Nov 1996	0	1,793	21.97	—	$0
Oct 1996	12	1,853	23.31	—	$280
Sep 1996	3	1,963	22.22	—	$67
Aug 1996	0	2,075	20.26	—	$0
Jul 1996	6	2,192	19.55	—	$117
Jun 1996	4	2,202	18.73	—	$75
May 1996	11	2,304	19.43	—	$214
Apr 1996	0	2,233	21.51	—	$0
Mar 1996	12	2,303	19.38	—	$233
Feb 1996	0	2,281	16.98	—	$0
Jan 1996	7	2,109	17.07	—	$119
Dec 1995	6	2,165	17.19	—	$103
Nov 1995	1	2,240	16.00	—	$16
Oct 1995	4	2,266	15.43	—	$62
Sep 1995	4	2,131	16.18	—	$65
Aug 1995	8	2,052	15.92	—	$127
Jul 1995	0	2,033	15.24	—	$0
Jun 1995	3	1,892	16.41	—	$49
May 1995	7	1,851	17.56	—	$123
Apr 1995	4	1,846	17.73	—	$71
Mar 1995	4	1,978	16.44	—	$66
Feb 1995	4	1,645	16.58	—	$66
Jan 1995	4	2,123	15.92	—	$64
Dec 1994	4	2,003	15.03	—	$60
Nov 1994	4	2,388	15.90	—	$64
Oct 1994	5	2,842	15.58	—	$78
Sep 1994	5	2,281	15.29	—	$76
Aug 1994	5	2,530	16.13	—	$81
Jul 1994	0	2,189	17.56	—	$0
Jun 1994	5	2,137	17.09	—	$85
May 1994	5	2,213	15.88	—	$79
Apr 1994	5	2,690	14.14	—	$71
Mar 1994	33	1,711	12.46	—	$411
Feb 1994	0	0	12.50	—	$0
Jan 1994	0	0	12.66	—	$0
Dec 1993	0	0	12.33	—	$0
Nov 1993	0	0	14.49	—	$0
Oct 1993	0	0	15.85	—	$0
Sep 1993	0	0	15.03	—	$0
Aug 1993	0	0	15.66	—	$0
Jul 1993	0	0	15.46	—	$0
Jun 1993	0	0	16.79	—	$0
May 1993	0	0	17.68	—	$0
Apr 1993	106	1,829	18.05	—	$1,913
Mar 1993	0	1,846	18.14	—	$0
Feb 1993	0	1,702	17.90	—	$0
Jan 1993	0	1,845	16.93	—	$0

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             0 bbl  × $ 45.35 =         $0
Gas                   16 Mcf  × $  2.69 =        $43

────────────────────────────────────────────────────
Month total                                      $43

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/51179 is the state's own key, not one this site invented.