PETTY

Name: PETTY 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 73209District 04Field 35566500CondensateGasSave Export

Value, all time

$1.2 M

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	562 bbl	$15,910
Gas	Production	269,860 Mcf	$1,189,615
Total			$1,205,525

34,640 Mcf of this lease's gas, across 48 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 28.1062, -99.8650. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.10620, -99.86500 · 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

5,550 ft

1 wells filed one

Completion to plug

40.8 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 5,550 ft.

Completions filed

Aug 1977

1 of 1 wells

Plug dates filed

Jun 2018

1 of 1 wells

Last completion to plug: a median of 40.8 years across the 1 well that filed both dates, with the middle half between 40.8 years and 40.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47931542	413	5,550 ft	Aug 1977	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	5	122	45.35	2.69	$554
May 2016	0	487	42.52	1.99	$970
Apr 2016	20	682	36.56	1.99	$2,089
Mar 2016	5	416	33.01	1.79	$911
Feb 2016	0	381	26.47	2.06	$786
Jan 2016	0	436	27.35	2.36	$1,031
Dec 2015	0	543	32.36	2.00	$1,087
Nov 2015	0	548	38.79	2.17	$1,188
Oct 2015	0	685	43.55	2.43	$1,662
Sep 2015	0	755	42.99	2.76	$2,083
Aug 2015	3	794	40.16	2.87	$2,401
Jul 2015	0	716	48.15	2.95	$2,109
Jun 2015	0	508	56.15	2.88	$1,464
May 2015	0	372	55.21	2.96	$1,099
Apr 2015	0	314	49.82	2.71	$850
Mar 2015	0	347	42.89	2.93	$1,018
Feb 2015	5	420	44.66	2.98	$1,473
Jan 2015	7	624	43.43	3.10	$2,239
Dec 2014	0	639	54.69	3.59	$2,295
Nov 2014	0	688	70.46	4.25	$2,925
Oct 2014	0	720	78.30	3.90	$2,809
Sep 2014	0	670	86.16	4.05	$2,710
Aug 2014	4	643	89.39	4.04	$2,952
Jul 2014	0	742	96.56	4.18	$3,101
Jun 2014	0	734	98.16	4.74	$3,477
May 2014	0	819	94.73	4.73	$3,871
Apr 2014	5	795	95.94	4.81	$4,303
Mar 2014	0	782	95.89	5.06	$3,954
Feb 2014	5	715	97.40	6.19	$4,914
Jan 2014	0	749	90.40	4.86	$3,641
Dec 2013	5	814	91.82	4.35	$4,004
Nov 2013	0	776	88.85	3.74	$2,901
Oct 2013	0	655	97.42	3.78	$2,475
Sep 2013	0	712	104.11	3.72	$2,647
Aug 2013	0	844	104.25	3.52	$2,973
Jul 2013	0	829	102.52	3.72	$3,082
Jun 2013	0	858	94.40	3.93	$3,375
May 2013	0	974	94.83	4.15	$4,041
Apr 2013	0	905	93.96	4.28	$3,876
Mar 2013	0	945	93.62	3.91	$3,698
Feb 2013	4	847	91.23	3.42	$3,262
Jan 2013	0	970	91.60	3.42	$3,317
Dec 2012	0	958	86.77	3.42	$3,277
Nov 2012	0	899	86.95	3.62	$3,259
Oct 2012	4	931	89.38	3.40	$3,523
Sep 2012	0	770	94.67	2.92	$2,247
Aug 2012	0	909	92.66	2.91	$2,644
Jul 2012	0	866	85.13	3.02	$2,616
Jun 2012	0	891	79.82	2.52	$2,244
May 2012	0	871	91.61	2.49	$2,167
Apr 2012	0	891	101.65	2.00	$1,779
Mar 2012	4	865	105.05	2.22	$2,342
Feb 2012	0	1,521	101.10	2.57	$3,909
Jan 2012	0	1,337	98.09	2.73	$3,655
Dec 2011	0	1,565	96.87	3.24	$5,070
Nov 2011	7	1,344	95.72	3.31	$5,120
Oct 2011	0	1,446	84.98	3.65	$5,276
Sep 2011	0	1,458	83.62	3.99	$5,811
Aug 2011	0	1,469	83.40	4.15	$6,095
Jul 2011	0	1,513	94.14	4.52	$6,835
Jun 2011	0	1,898	92.90	4.64	$8,806
May 2011	0	3,249	98.13	4.40	$14,311
Apr 2011	0	1,970	105.96	4.33	$8,537
Mar 2011	4	2,111	96.36	4.06	$8,950
Feb 2011	0	1,450	85.64	4.18	$6,061
Jan 2011	0	1,601	86.50	4.59	$7,347
Dec 2010	0	1,621	85.73	4.35	$7,048
Nov 2010	0	1,921	80.84	3.80	$7,291
Oct 2010	0	1,581	78.10	3.51	$5,548
Sep 2010	0	1,886	72.63	3.98	$7,505
Aug 2010	0	1,533	73.68	4.42	$6,775
Jul 2010	0	1,408	72.55	4.74	$6,669
Jun 2010	1	1,404	70.36	4.91	$6,965
May 2010	0	2,221	71.12	4.24	$9,406
Apr 2010	0	2,202	81.69	4.12	$9,078
Mar 2010	0	2,280	78.39	4.39	$10,006
Feb 2010	0	1,281	73.58	5.44	$6,972
Jan 2010	0	1,341	74.36	5.96	$7,998
Dec 2009	0	1,577	71.44	5.48	$8,648
Nov 2009	0	1,993	74.59	3.75	$7,477
Oct 2009	0	2,067	72.54	4.11	$8,496
Sep 2009	0	2,246	65.54	3.06	$6,883
Aug 2009	0	3,228	67.42	3.22	$10,389
Jul 2009	0	1,678	61.13	3.46	$5,813
Jun 2009	0	1,598	66.16	3.90	$6,224
May 2009	0	1,902	54.74	3.93	$7,467
Apr 2009	0	1,742	46.77	3.59	$6,249
Mar 2009	0	1,926	42.14	4.06	$7,818
Feb 2009	0	1,648	32.81	4.63	$7,635
Jan 2009	0	1,489	35.86	5.37	$7,997
Dec 2008	0	1,482	37.10	5.98	$8,858
Nov 2008	0	1,498	55.49	6.86	$10,277
Oct 2008	0	1,571	75.24	6.92	$10,874
Sep 2008	0	1,582	101.76	7.88	$12,462
Aug 2008	0	1,370	114.22	8.48	$11,622
Jul 2008	0	1,455	131.08	11.39	$16,572
Jun 2008	0	1,375	131.33	13.03	$17,920
May 2008	0	1,606	123.17	11.57	$18,588
Apr 2008	0	264	110.31	10.45	$2,760
Mar 2008	0	1,800	101.90	9.66	$17,395
Feb 2008	0	1,606	92.53	8.77	$14,086
Jan 2008	0	1,993	90.38	8.21	$16,354
Dec 2007	0	1,844	88.33	7.30	$13,465
Nov 2007	0	2,066	91.67	7.29	$15,065
Oct 2007	0	2,258	82.85	6.92	$15,630
Sep 2007	0	1,732	75.84	6.24	$10,815
Aug 2007	0	2,047	69.06	6.39	$13,076
Jul 2007	0	2,300	70.90	6.39	$14,692
Jun 2007	0	2,266	62.00	7.55	$17,105
May 2007	0	2,313	58.74	7.85	$18,148
Apr 2007	0	2,820	59.61	7.81	$22,011
Mar 2007	0	2,868	56.92	7.30	$20,942
Feb 2007	0	2,843	55.10	8.22	$23,358
Jan 2007	0	3,559	50.30	6.73	$23,941
Dec 2006	0	3,504	56.65	6.92	$24,242
Nov 2006	0	3,593	54.20	7.62	$27,370
Oct 2006	0	3,342	54.90	6.01	$20,098
Sep 2006	0	3,382	60.08	5.04	$17,036
Aug 2006	0	5,057	68.71	7.34	$37,118
Jul 2006	0	3,344	69.37	6.34	$21,210
Jun 2006	0	429	66.28	6.38	$2,739
May 2006	0	472	66.01	6.42	$3,033
Apr 2006	0	445	64.39	7.36	$3,275
Mar 2006	0	427	56.70	7.08	$3,024
Feb 2006	0	297	57.59	7.75	$2,302
Jan 2006	0	363	60.59	8.93	$3,243
Dec 2005	0	329	54.94	13.42	$4,414
Nov 2005	0	408	54.69	10.59	$4,320
Oct 2005	0	401	58.34	13.80	$5,532
Sep 2005	0	469	61.45	12.08	$5,665
Aug 2005	0	464	61.51	9.80	$4,546
Jul 2005	0	464	55.69	7.84	$3,639
Jun 2005	0	358	52.33	7.38	$2,642
May 2005	0	222	45.22	6.65	$1,477
Apr 2005	0	303	49.20	7.36	$2,230
Mar 2005	0	425	50.37	7.15	$3,041
Feb 2005	0	368	45.22	6.31	$2,323
Jan 2005	0	437	43.16	6.32	$2,763
Dec 2004	0	351	39.86	6.75	$2,370
Nov 2004	0	342	45.28	6.33	$2,165
Oct 2004	0	419	49.70	6.52	$2,730
Sep 2004	0	561	43.24	5.28	$2,964
Aug 2004	0	656	42.37	5.55	$3,641
Jul 2004	0	540	38.28	6.08	$3,285
Jun 2004	0	526	36.10	6.43	$3,384
May 2004	0	565	37.48	6.49	$3,669
Apr 2004	0	535	34.47	5.86	$3,134
Mar 2004	0	632	34.36	5.53	$3,495
Feb 2004	0	682	32.45	5.51	$3,758
Jan 2004	0	655	32.03	6.30	$4,126
Dec 2003	0	619	30.26	6.30	$3,901
Nov 2003	0	645	28.80	4.60	$2,964
Oct 2003	0	697	28.17	4.76	$3,317
Sep 2003	2	613	26.31	4.75	$2,964
Aug 2003	1	674	29.76	5.13	$3,487
Jul 2003	5	714	29.41	5.17	$3,839
Jun 2003	15	570	28.56	5.98	$3,839
May 2003	4	445	26.59	5.97	$2,764
Apr 2003	5	563	26.67	5.41	$3,178
Mar 2003	11	571	31.14	6.10	$3,823
Feb 2003	3	504	33.48	7.93	$4,095
Jan 2003	5	497	30.31	5.58	$2,926
Dec 2002	7	512	26.91	4.85	$2,674
Nov 2002	8	540	24.66	4.14	$2,431
Oct 2002	2	456	26.46	4.23	$1,981
Sep 2002	2	543	27.44	3.64	$2,029
Aug 2002	2	419	25.96	3.16	$1,378
Jul 2002	3	424	24.58	3.06	$1,372
Jun 2002	3	599	23.73	3.34	$2,071
May 2002	3	661	24.66	3.58	$2,443
Apr 2002	3	565	23.65	3.51	$2,055
Mar 2002	3	554	22.00	3.10	$1,785
Feb 2002	4	571	18.22	2.38	$1,429
Jan 2002	6	695	17.17	2.38	$1,754
Dec 2001	6	638	16.93	2.36	$1,610
Nov 2001	5	587	18.07	2.41	$1,502
Oct 2001	2	663	19.78	2.53	$1,716
Sep 2001	3	615	24.26	2.25	$1,457
Aug 2001	3	610	24.87	3.05	$1,937
Jul 2001	2	572	23.93	3.20	$1,877
Jun 2001	4	571	24.56	3.82	$2,282
May 2001	5	657	25.52	4.31	$2,958
Apr 2001	8	648	24.68	5.34	$3,655
Mar 2001	9	649	24.54	5.38	$3,710
Feb 2001	4	520	27.75	5.77	$3,110
Jan 2001	6	733	27.47	8.40	$6,321
Dec 2000	7	646	26.88	9.12	$6,081
Nov 2000	4	635	32.21	5.66	$3,722
Oct 2000	6	691	31.23	5.15	$3,743
Sep 2000	2	672	31.87	5.19	$3,549
Aug 2000	2	720	29.64	4.54	$3,329
Jul 2000	2	615	28.53	4.09	$2,572
Jun 2000	4	670	29.30	4.40	$3,063
May 2000	6	734	27.26	3.68	$2,865
Apr 2000	4	703	24.51	3.12	$2,289
Mar 2000	9	669	28.42	2.86	$2,169
Feb 2000	6	624	27.62	2.73	$1,867
Jan 2000	6	718	25.27	2.48	$1,933
Dec 1999	8	682	24.28	2.42	$1,847
Nov 1999	9	667	23.19	2.43	$1,832
Oct 1999	7	660	20.98	2.80	$1,997
Sep 1999	5	581	21.75	2.62	$1,630
Aug 1999	5	602	19.26	2.88	$1,827
Jul 1999	8	664	17.89	2.37	$1,718
Jun 1999	5	621	15.94	2.36	$1,547
May 1999	2	679	15.79	2.32	$1,608
Apr 1999	2	710	15.10	2.21	$1,598
Mar 1999	4	726	12.47	1.84	$1,385
Feb 1999	0	577	9.98	1.82	$1,049
Jan 1999	2	666	10.38	1.90	$1,286
Dec 1998	0	459	9.20	1.77	$814
Nov 1998	1	141	10.89	2.19	$319
Oct 1998	0	499	12.42	1.97	$983
Sep 1998	0	409	12.59	2.08	$852
Aug 1998	1	325	11.30	1.91	$631
Jul 1998	0	399	11.74	2.24	$893
Jun 1998	1	369	11.24	2.24	$837
May 1998	0	416	12.62	2.21	$918
Apr 1998	2	409	13.04	2.51	$1,051
Mar 1998	2	473	12.80	2.31	$1,118
Feb 1998	0	473	13.95	2.30	$1,087
Jan 1998	4	506	14.70	2.15	$1,149
Dec 1997	2	502	16.32	2.41	$1,243
Nov 1997	2	522	18.19	3.09	$1,648
Oct 1997	4	520	19.25	3.15	$1,715
Sep 1997	0	567	17.74	2.95	$1,675
Aug 1997	3	566	17.86	2.55	$1,500
Jul 1997	2	490	17.58	2.25	$1,136
Jun 1997	0	488	17.24	2.26	$1,102
May 1997	2	543	18.97	2.31	$1,291
Apr 1997	2	543	17.88	2.08	$1,167
Mar 1997	2	631	18.95	1.94	$1,262
Feb 1997	3	553	20.49	2.21	$1,281
Jan 1997	2	555	23.48	3.54	$2,011
Dec 1996	3	576	23.32	—	$70
Nov 1996	0	607	21.97	—	$0
Oct 1996	3	627	23.31	—	$70
Sep 1996	3	648	22.22	—	$67
Aug 1996	0	681	20.26	—	$0
Jul 1996	2	663	19.55	—	$39
Jun 1996	3	673	18.73	—	$56
May 1996	5	701	19.43	—	$97
Apr 1996	0	706	21.51	—	$0
Mar 1996	5	639	19.38	—	$97
Feb 1996	0	617	16.98	—	$0
Jan 1996	2	643	17.07	—	$34
Dec 1995	2	636	17.19	—	$34
Nov 1995	2	643	16.00	—	$32
Oct 1995	3	682	15.43	—	$46
Sep 1995	4	709	16.18	—	$65
Aug 1995	8	712	15.92	—	$127
Jul 1995	0	721	15.24	—	$0
Jun 1995	3	671	16.41	—	$49
May 1995	7	675	17.56	—	$123
Apr 1995	3	673	17.73	—	$53
Mar 1995	4	716	16.44	—	$66
Feb 1995	3	630	16.58	—	$50
Jan 1995	4	730	15.92	—	$64
Dec 1994	4	757	15.03	—	$60
Nov 1994	4	712	15.90	—	$64
Oct 1994	4	753	15.58	—	$62
Sep 1994	3	739	15.29	—	$46
Aug 1994	3	760	16.13	—	$48
Jul 1994	0	713	17.56	—	$0
Jun 1994	4	726	17.09	—	$68
May 1994	4	752	15.88	—	$64
Apr 1994	4	668	14.14	—	$57
Mar 1994	4	748	12.46	—	$50
Feb 1994	5	663	12.50	—	$63
Jan 1994	5	774	12.66	—	$63
Dec 1993	5	794	12.33	—	$62
Nov 1993	0	755	14.49	—	$0
Oct 1993	5	763	15.85	—	$79
Sep 1993	5	735	15.03	—	$75
Aug 1993	0	730	15.66	—	$0
Jul 1993	6	637	15.46	—	$93
Jun 1993	6	695	16.79	—	$101
May 1993	7	1,418	17.68	—	$124
Apr 1993	5	742	18.05	—	$90
Mar 1993	7	998	18.14	—	$127
Feb 1993	6	914	17.90	—	$107
Jan 1993	5	715	16.93	—	$85

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                  122 Mcf  × $  2.69 =       $328

────────────────────────────────────────────────────
Month total                                     $554

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/73209 is the state's own key, not one this site invented.