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 KERNS O & G, INC. (P-5 457700) in the DOS HERMANOS, W. (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 73411District 04Field 25570400CondensateGasSave Export

Value, all time

$135 k

Jan 1993 – Dec 2004

Value, last 12 filed months

$26 k

at the published price for each month

Months reported

144

no gaps in the span

Streams

condensate, gas

The DOS HERMANOS, W. (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 44 leases and 44 wells, and the rule below applies to all of them.

Discovered

1976-03-03

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1980-12-01.

The Commission's schedule remark for this field reads: “NORTH (OLMOS) FIELD (35566500).”

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	110 bbl	$1,743
Gas	Production	47,903 Mcf	$133,515
Total			$135,258

14,159 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 28.1060, -99.8729. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.10602, -99.87287 · 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

5,350 ft

1 wells filed one

Completion to plug

27.5 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 5,350 ft.

Completions filed

Jun 1977

1 of 1 wells

Plug dates filed

Dec 2004

1 of 1 wells

Last completion to plug: a median of 27.5 years across the 1 well that filed both dates, with the middle half between 27.5 years and 27.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47931467	313	5,350 ft	Jun 1977	Dec 2004	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 (144)

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

144 months


Dec 2004	0	102	39.86	6.75	$689
Nov 2004	0	218	45.28	6.33	$1,380
Oct 2004	0	254	49.70	6.52	$1,655
Sep 2004	0	352	43.24	5.28	$1,860
Aug 2004	0	396	42.37	5.55	$2,198
Jul 2004	0	406	38.28	6.08	$2,470
Jun 2004	0	400	36.10	6.43	$2,573
May 2004	0	443	37.48	6.49	$2,877
Apr 2004	0	403	34.47	5.86	$2,361
Mar 2004	0	454	34.36	5.53	$2,511
Feb 2004	0	438	32.45	5.51	$2,413
Jan 2004	0	456	32.03	6.30	$2,873
Dec 2003	0	399	30.26	6.30	$2,514
Nov 2003	0	437	28.80	4.60	$2,008
Oct 2003	0	440	28.17	4.76	$2,094
Sep 2003	0	400	26.31	4.75	$1,900
Aug 2003	0	400	29.76	5.13	$2,052
Jul 2003	0	426	29.41	5.17	$2,203
Jun 2003	0	404	28.56	5.98	$2,417
May 2003	0	285	26.59	5.97	$1,702
Apr 2003	0	342	26.67	5.41	$1,849
Mar 2003	0	455	31.14	6.10	$2,774
Feb 2003	0	417	33.48	7.93	$3,305
Jan 2003	0	559	30.31	5.58	$3,120
Dec 2002	0	435	26.91	4.85	$2,111
Nov 2002	0	409	24.66	4.14	$1,692
Oct 2002	0	441	26.46	4.23	$1,865
Sep 2002	0	384	27.44	3.64	$1,396
Aug 2002	0	475	25.96	3.16	$1,503
Jul 2002	0	321	24.58	3.06	$983
Jun 2002	0	448	23.73	3.34	$1,496
May 2002	0	375	24.66	3.58	$1,344
Apr 2002	0	348	23.65	3.51	$1,222
Mar 2002	0	505	22.00	3.10	$1,567
Feb 2002	0	433	18.22	2.38	$1,029
Jan 2002	0	484	17.17	2.38	$1,150
Dec 2001	0	499	16.93	2.36	$1,180
Nov 2001	0	440	18.07	2.41	$1,058
Oct 2001	0	479	19.78	2.53	$1,211
Sep 2001	0	379	24.26	2.25	$853
Aug 2001	0	537	24.87	3.05	$1,640
Jul 2001	0	360	23.93	3.20	$1,151
Jun 2001	0	350	24.56	3.82	$1,338
May 2001	0	401	25.52	4.31	$1,727
Apr 2001	0	407	24.68	5.34	$2,171
Mar 2001	0	405	24.54	5.38	$2,177
Feb 2001	0	322	27.75	5.77	$1,857
Jan 2001	0	404	27.47	8.40	$3,393
Dec 2000	0	416	26.88	9.12	$3,795
Nov 2000	0	347	32.21	5.66	$1,963
Oct 2000	0	377	31.23	5.15	$1,940
Sep 2000	0	345	31.87	5.19	$1,789
Aug 2000	0	396	29.64	4.54	$1,798
Jul 2000	0	305	28.53	4.09	$1,247
Jun 2000	0	367	29.30	4.40	$1,614
May 2000	0	0	27.26	3.68	$0
Apr 2000	0	377	24.51	3.12	$1,175
Mar 2000	0	373	28.42	2.86	$1,067
Feb 2000	0	402	27.62	2.73	$1,096
Jan 2000	0	408	25.27	2.48	$1,012
Dec 1999	0	388	24.28	2.42	$940
Nov 1999	0	415	23.19	2.43	$1,010
Oct 1999	0	400	20.98	2.80	$1,121
Sep 1999	0	351	21.75	2.62	$919
Aug 1999	0	376	19.26	2.88	$1,081
Jul 1999	0	366	17.89	2.37	$868
Jun 1999	0	401	15.94	2.36	$947
May 1999	0	339	15.79	2.32	$787
Apr 1999	0	440	15.10	2.21	$972
Mar 1999	0	476	12.47	1.84	$875
Feb 1999	0	393	9.98	1.82	$714
Jan 1999	0	471	10.38	1.90	$895
Dec 1998	0	114	9.20	1.77	$202
Nov 1998	0	100	10.89	2.19	$219
Oct 1998	0	369	12.42	1.97	$727
Sep 1998	0	201	12.59	2.08	$419
Aug 1998	0	288	11.30	1.91	$549
Jul 1998	0	225	11.74	2.24	$503
Jun 1998	0	218	11.24	2.24	$488
May 1998	0	246	12.62	2.21	$543
Apr 1998	0	264	13.04	2.51	$661
Mar 1998	0	286	12.80	2.31	$661
Feb 1998	0	239	13.95	2.30	$549
Jan 1998	0	234	14.70	2.15	$504
Dec 1997	0	214	16.32	2.41	$516
Nov 1997	0	211	18.19	3.09	$652
Oct 1997	0	243	19.25	3.15	$765
Sep 1997	0	245	17.74	2.95	$724
Aug 1997	0	215	17.86	2.55	$549
Jul 1997	0	219	17.58	2.25	$492
Jun 1997	0	196	17.24	2.26	$442
May 1997	0	235	18.97	2.31	$543
Apr 1997	0	219	17.88	2.08	$456
Mar 1997	0	239	18.95	1.94	$463
Feb 1997	0	232	20.49	2.21	$512
Jan 1997	0	236	23.48	3.54	$835
Dec 1996	0	222	23.32	—	$0
Nov 1996	0	192	21.97	—	$0
Oct 1996	0	242	23.31	—	$0
Sep 1996	0	256	22.22	—	$0
Aug 1996	0	291	20.26	—	$0
Jul 1996	0	261	19.55	—	$0
Jun 1996	0	237	18.73	—	$0
May 1996	0	243	19.43	—	$0
Apr 1996	0	242	21.51	—	$0
Mar 1996	0	247	19.38	—	$0
Feb 1996	0	240	16.98	—	$0
Jan 1996	0	255	17.07	—	$0
Dec 1995	0	318	17.19	—	$0
Nov 1995	1	244	16.00	—	$16
Oct 1995	2	239	15.43	—	$31
Sep 1995	3	234	16.18	—	$49
Aug 1995	6	232	15.92	—	$96
Jul 1995	0	236	15.24	—	$0
Jun 1995	3	234	16.41	—	$49
May 1995	7	238	17.56	—	$123
Apr 1995	3	260	17.73	—	$53
Mar 1995	4	244	16.44	—	$66
Feb 1995	3	217	16.58	—	$50
Jan 1995	4	264	15.92	—	$64
Dec 1994	4	311	15.03	—	$60
Nov 1994	4	283	15.90	—	$64
Oct 1994	4	294	15.58	—	$62
Sep 1994	3	247	15.29	—	$46
Aug 1994	3	248	16.13	—	$48
Jul 1994	0	223	17.56	—	$0
Jun 1994	4	236	17.09	—	$68
May 1994	3	245	15.88	—	$48
Apr 1994	3	224	14.14	—	$42
Mar 1994	3	238	12.46	—	$37
Feb 1994	4	222	12.50	—	$50
Jan 1994	4	262	12.66	—	$51
Dec 1993	4	277	12.33	—	$49
Nov 1993	0	276	14.49	—	$0
Oct 1993	5	725	15.85	—	$79
Sep 1993	3	250	15.03	—	$45
Aug 1993	0	246	15.66	—	$0
Jul 1993	4	227	15.46	—	$62
Jun 1993	4	217	16.79	—	$67
May 1993	5	774	17.68	—	$88
Apr 1993	3	634	18.05	—	$54
Mar 1993	4	956	18.14	—	$73
Feb 1993	2	449	17.90	—	$36
Jan 1993	1	207	16.93	—	$17

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.

Dec 2004 — as filed, then multipliedworked

Condensate             0 bbl  × $ 39.86 =         $0
Gas                  102 Mcf  × $  6.75 =       $689

────────────────────────────────────────────────────
Month total                                     $689

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/73411 is the state's own key, not one this site invented.