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 ST. MARY LAND & EXPLORATION CO. (P-5 810874) 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 95518District 04Field 35566500NGPA filingCondensateGasSave Export

Value, all time

$637 k

Jan 1993 – Jun 2008

Value, last 12 filed months

$6 k

at the published price for each month

Months reported

186

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.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	2	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	726 bbl	$30,182
Gas	Production	134,712 Mcf	$606,955
Total			$637,137

2,318 Mcf of this lease's gas, across 9 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 28.1132, -99.8531. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.11320, -99.85309 · 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

5,416 ft

1 wells filed one

Completion to plug

11.4 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 5,416 ft.

Completions filed

Jan 1997

1 of 1 wells

Plug dates filed

Jun 2008

1 of 1 wells

Last completion to plug: a median of 11.4 years across the 1 well that filed both dates, with the middle half between 11.4 years and 11.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47933076	2011	5,416 ft	Jan 1997	Jun 2008	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 (186)

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

186 months


Jun 2008	0	0	131.33	13.03	$0
May 2008	0	52	123.17	11.57	$602
Apr 2008	0	52	110.31	10.45	$544
Mar 2008	0	58	101.90	9.66	$561
Feb 2008	0	60	92.53	8.77	$526
Jan 2008	0	103	90.38	8.21	$845
Dec 2007	0	104	88.33	7.30	$759
Nov 2007	0	54	91.67	7.29	$394
Oct 2007	0	69	82.85	6.92	$478
Sep 2007	0	52	75.84	6.24	$325
Aug 2007	0	52	69.06	6.39	$332
Jul 2007	0	39	70.90	6.39	$249
Jun 2007	0	36	62.00	7.55	$272
May 2007	0	492	58.74	7.85	$3,860
Apr 2007	0	602	59.61	7.81	$4,699
Mar 2007	0	552	56.92	7.30	$4,031
Feb 2007	0	566	55.10	8.22	$4,650
Jan 2007	0	587	50.30	6.73	$3,949
Dec 2006	0	580	56.65	6.92	$4,013
Nov 2006	0	440	54.20	7.62	$3,352
Oct 2006	0	524	54.90	6.01	$3,151
Sep 2006	0	522	60.08	5.04	$2,629
Aug 2006	0	485	68.71	7.34	$3,560
Jul 2006	0	669	69.37	6.34	$4,243
Jun 2006	0	949	66.28	6.38	$6,058
May 2006	0	925	66.01	6.42	$5,943
Apr 2006	0	950	64.39	7.36	$6,992
Mar 2006	0	1,119	56.70	7.08	$7,926
Feb 2006	0	1,065	57.59	7.75	$8,255
Jan 2006	0	1,393	60.59	8.93	$12,444
Dec 2005	0	1,313	54.94	13.42	$17,614
Nov 2005	1	1,427	54.69	10.59	$15,164
Oct 2005	1	395	58.34	13.80	$5,508
Sep 2005	8	0	61.45	12.08	$492
Aug 2005	9	624	61.51	9.80	$6,667
Jul 2005	10	881	55.69	7.84	$7,467
Jun 2005	8	628	52.33	7.38	$5,054
May 2005	37	894	45.22	6.65	$7,619
Apr 2005	39	973	49.20	7.36	$9,081
Mar 2005	41	820	50.37	7.15	$7,932
Feb 2005	105	1,681	45.22	6.31	$15,358
Jan 2005	61	1,992	43.16	6.32	$15,227
Dec 2004	57	1,623	39.86	6.75	$13,229
Nov 2004	38	1,883	45.28	6.33	$13,641
Oct 2004	69	1,859	49.70	6.52	$15,541
Sep 2004	11	1,617	43.24	5.28	$9,020
Aug 2004	0	870	42.37	5.55	$4,829
Jul 2004	35	703	38.28	6.08	$5,617
Jun 2004	10	606	36.10	6.43	$4,259
May 2004	13	667	37.48	6.49	$4,819
Apr 2004	15	746	34.47	5.86	$4,887
Mar 2004	21	917	34.36	5.53	$5,793
Feb 2004	28	963	32.45	5.51	$6,214
Jan 2004	62	1,232	32.03	6.30	$9,747
Dec 2003	0	654	30.26	6.30	$4,121
Nov 2003	0	832	28.80	4.60	$3,823
Oct 2003	0	851	28.17	4.76	$4,050
Sep 2003	0	889	26.31	4.75	$4,222
Aug 2003	0	1,100	29.76	5.13	$5,643
Jul 2003	0	869	29.41	5.17	$4,493
Jun 2003	0	932	28.56	5.98	$5,576
May 2003	0	1,169	26.59	5.97	$6,982
Apr 2003	0	772	26.67	5.41	$4,174
Mar 2003	0	1,160	31.14	6.10	$7,071
Feb 2003	0	1,360	33.48	7.93	$10,779
Jan 2003	0	1,477	30.31	5.58	$8,245
Dec 2002	0	1,566	26.91	4.85	$7,601
Nov 2002	0	1,518	24.66	4.14	$6,280
Oct 2002	0	675	26.46	4.23	$2,855
Sep 2002	0	507	27.44	3.64	$1,843
Aug 2002	0	882	25.96	3.16	$2,791
Jul 2002	0	1,580	24.58	3.06	$4,838
Jun 2002	0	1,027	23.73	3.34	$3,428
May 2002	0	1,013	24.66	3.58	$3,631
Apr 2002	0	1,232	23.65	3.51	$4,327
Mar 2002	0	1,123	22.00	3.10	$3,484
Feb 2002	0	848	18.22	2.38	$2,015
Jan 2002	0	1,405	17.17	2.38	$3,338
Dec 2001	0	1,302	16.93	2.36	$3,078
Nov 2001	0	1,389	18.07	2.41	$3,341
Oct 2001	0	1,271	19.78	2.53	$3,214
Sep 2001	0	1,049	24.26	2.25	$2,362
Aug 2001	0	1,697	24.87	3.05	$5,181
Jul 2001	0	782	23.93	3.20	$2,500
Jun 2001	0	1,049	24.56	3.82	$4,012
May 2001	0	1,210	25.52	4.31	$5,212
Apr 2001	0	1,173	24.68	5.34	$6,258
Mar 2001	0	1,218	24.54	5.38	$6,549
Feb 2001	0	760	27.75	5.77	$4,383
Jan 2001	0	1,148	27.47	8.40	$9,642
Dec 2000	0	1,126	26.88	9.12	$10,272
Nov 2000	0	1,172	32.21	5.66	$6,631
Oct 2000	0	1,246	31.23	5.15	$6,411
Sep 2000	0	1,457	31.87	5.19	$7,557
Aug 2000	0	1,543	29.64	4.54	$7,006
Jul 2000	0	1,444	28.53	4.09	$5,906
Jun 2000	0	1,299	29.30	4.40	$5,712
May 2000	0	1,270	27.26	3.68	$4,673
Apr 2000	0	1,310	24.51	3.12	$4,082
Mar 2000	0	1,310	28.42	2.86	$3,746
Feb 2000	0	1,043	27.62	2.73	$2,844
Jan 2000	0	1,020	25.27	2.48	$2,530
Dec 1999	0	883	24.28	2.42	$2,140
Nov 1999	0	782	23.19	2.43	$1,903
Oct 1999	0	794	20.98	2.80	$2,226
Sep 1999	0	724	21.75	2.62	$1,896
Aug 1999	0	759	19.26	2.88	$2,183
Jul 1999	0	895	17.89	2.37	$2,123
Jun 1999	0	830	15.94	2.36	$1,961
May 1999	0	738	15.79	2.32	$1,713
Apr 1999	0	888	15.10	2.21	$1,961
Mar 1999	0	1,150	12.47	1.84	$2,114
Feb 1999	0	1,061	9.98	1.82	$1,929
Jan 1999	0	1,270	10.38	1.90	$2,413
Dec 1998	0	1,074	9.20	1.77	$1,905
Nov 1998	0	1,104	10.89	2.19	$2,413
Oct 1998	0	1,325	12.42	1.97	$2,609
Sep 1998	0	1,314	12.59	2.08	$2,737
Aug 1998	0	1,221	11.30	1.91	$2,329
Jul 1998	0	1,363	11.74	2.24	$3,049
Jun 1998	0	1,361	11.24	2.24	$3,045
May 1998	0	1,484	12.62	2.21	$3,274
Apr 1998	0	1,427	13.04	2.51	$3,575
Mar 1998	0	1,327	12.80	2.31	$3,065
Feb 1998	0	1,121	13.95	2.30	$2,577
Jan 1998	0	1,147	14.70	2.15	$2,472
Dec 1997	0	1,145	16.32	2.41	$2,761
Nov 1997	0	1,084	18.19	3.09	$3,348
Oct 1997	0	1,173	19.25	3.15	$3,695
Sep 1997	0	1,188	17.74	2.95	$3,510
Aug 1997	0	1,223	17.86	2.55	$3,124
Jul 1997	0	1,110	17.58	2.25	$2,494
Jun 1997	0	985	17.24	2.26	$2,223
May 1997	0	1,143	18.97	2.31	$2,639
Apr 1997	0	1,115	17.88	2.08	$2,322
Mar 1997	0	1,192	18.95	1.94	$2,311
Feb 1997	0	899	20.49	2.21	$1,983
Jan 1997	0	901	23.48	3.54	$3,189
Dec 1996	0	10	23.32	—	$0
Nov 1996	0	0	21.97	—	$0
Oct 1996	0	0	23.31	—	$0
Sep 1996	0	0	22.22	—	$0
Aug 1996	0	0	20.26	—	$0
Jul 1996	0	0	19.55	—	$0
Jun 1996	0	0	18.73	—	$0
May 1996	0	0	19.43	—	$0
Apr 1996	0	0	21.51	—	$0
Mar 1996	0	0	19.38	—	$0
Feb 1996	0	0	16.98	—	$0
Jan 1996	0	0	17.07	—	$0
Dec 1995	0	0	17.19	—	$0
Nov 1995	0	0	16.00	—	$0
Oct 1995	0	0	15.43	—	$0
Sep 1995	0	0	16.18	—	$0
Aug 1995	0	0	15.92	—	$0
Jul 1995	0	0	15.24	—	$0
Jun 1995	0	0	16.41	—	$0
May 1995	1	0	17.56	—	$18
Apr 1995	0	0	17.73	—	$0
Mar 1995	0	0	16.44	—	$0
Feb 1995	0	0	16.58	—	$0
Jan 1995	0	0	15.92	—	$0
Dec 1994	0	0	15.03	—	$0
Nov 1994	0	0	15.90	—	$0
Oct 1994	0	0	15.58	—	$0
Sep 1994	1	0	15.29	—	$15
Aug 1994	1	0	16.13	—	$16
Jul 1994	0	0	17.56	—	$0
Jun 1994	2	83	17.09	—	$34
May 1994	3	84	15.88	—	$48
Apr 1994	4	308	14.14	—	$57
Mar 1994	5	53	12.46	—	$62
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	30	524	18.05	—	$542
Mar 1993	0	397	18.14	—	$0
Feb 1993	0	353	17.90	—	$0
Jan 1993	0	506	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.

May 2008 — as filed, then multipliedworked

Condensate             0 bbl  × $123.17 =         $0
Gas                   52 Mcf  × $ 11.57 =       $602

────────────────────────────────────────────────────
Month total                                     $602

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/95518 is the state's own key, not one this site invented.