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 95519District 04Field 35566500NGPA filingCondensateGasSave Export

Value, all time

$789 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.”

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	3	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	477 bbl	$17,066
Gas	Production	202,264 Mcf	$771,675
Total			$788,742

29,001 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 28.1182, -99.8442. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.11821, -99.84420 · 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

5,409 ft

1 wells filed one

Completion to plug

36.8 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 5,409 ft.

Completions filed

Aug 1981

1 of 1 wells

Plug dates filed

Jun 2018

1 of 1 wells

Last completion to plug: a median of 36.8 years across the 1 well that filed both dates, with the middle half between 36.8 years and 36.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47933077	3011	5,409 ft	Aug 1981	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	3	83	45.35	2.69	$359
May 2016	0	443	42.52	1.99	$882
Apr 2016	0	456	36.56	1.99	$908
Mar 2016	5	449	33.01	1.79	$971
Feb 2016	0	393	26.47	2.06	$811
Jan 2016	0	447	27.35	2.36	$1,057
Dec 2015	0	606	32.36	2.00	$1,213
Nov 2015	0	537	38.79	2.17	$1,164
Oct 2015	0	756	43.55	2.43	$1,834
Sep 2015	0	707	42.99	2.76	$1,950
Aug 2015	5	609	40.16	2.87	$1,950
Jul 2015	0	516	48.15	2.95	$1,520
Jun 2015	0	548	56.15	2.88	$1,580
May 2015	0	287	55.21	2.96	$848
Apr 2015	0	600	49.82	2.71	$1,624
Mar 2015	0	655	42.89	2.93	$1,922
Feb 2015	5	730	44.66	2.98	$2,396
Jan 2015	7	664	43.43	3.10	$2,363
Dec 2014	0	821	54.69	3.59	$2,949
Nov 2014	0	782	70.46	4.25	$3,325
Oct 2014	0	721	78.30	3.90	$2,813
Sep 2014	0	663	86.16	4.05	$2,682
Aug 2014	5	837	89.39	4.04	$3,824
Jul 2014	0	512	96.56	4.18	$2,140
Jun 2014	0	459	98.16	4.74	$2,174
May 2014	0	604	94.73	4.73	$2,855
Apr 2014	4	614	95.94	4.81	$3,337
Mar 2014	0	660	95.89	5.06	$3,337
Feb 2014	4	716	97.40	6.19	$4,823
Jan 2014	0	677	90.40	4.86	$3,291
Dec 2013	4	842	91.82	4.35	$4,034
Nov 2013	0	872	88.85	3.74	$3,260
Oct 2013	0	751	97.42	3.78	$2,838
Sep 2013	0	664	104.11	3.72	$2,469
Aug 2013	0	849	104.25	3.52	$2,991
Jul 2013	0	798	102.52	3.72	$2,967
Jun 2013	0	657	94.40	3.93	$2,584
May 2013	0	705	94.83	4.15	$2,925
Apr 2013	0	693	93.96	4.28	$2,968
Mar 2013	0	681	93.62	3.91	$2,665
Feb 2013	4	692	91.23	3.42	$2,732
Jan 2013	0	807	91.60	3.42	$2,760
Dec 2012	0	850	86.77	3.42	$2,907
Nov 2012	0	863	86.95	3.62	$3,128
Oct 2012	4	856	89.38	3.40	$3,268
Sep 2012	0	694	94.67	2.92	$2,025
Aug 2012	0	682	92.66	2.91	$1,983
Jul 2012	0	650	85.13	3.02	$1,964
Jun 2012	0	658	79.82	2.52	$1,658
May 2012	0	583	91.61	2.49	$1,451
Apr 2012	0	708	101.65	2.00	$1,414
Mar 2012	4	792	105.05	2.22	$2,180
Feb 2012	0	580	101.10	2.57	$1,491
Jan 2012	0	409	98.09	2.73	$1,118
Dec 2011	0	500	96.87	3.24	$1,620
Nov 2011	4	620	95.72	3.31	$2,436
Oct 2011	0	641	84.98	3.65	$2,339
Sep 2011	0	778	83.62	3.99	$3,101
Aug 2011	0	775	83.40	4.15	$3,216
Jul 2011	0	619	94.14	4.52	$2,796
Jun 2011	0	811	92.90	4.64	$3,763
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	327	105.96	4.33	$1,417
Mar 2011	1	601	96.36	4.06	$2,535
Feb 2011	0	368	85.64	4.18	$1,538
Jan 2011	0	551	86.50	4.59	$2,528
Dec 2010	0	377	85.73	4.35	$1,639
Nov 2010	0	564	80.84	3.80	$2,141
Oct 2010	0	431	78.10	3.51	$1,512
Sep 2010	0	523	72.63	3.98	$2,081
Aug 2010	0	540	73.68	4.42	$2,386
Jul 2010	0	519	72.55	4.74	$2,458
Jun 2010	2	383	70.36	4.91	$2,021
May 2010	1	463	71.12	4.24	$2,032
Apr 2010	0	608	81.69	4.12	$2,507
Mar 2010	0	554	78.39	4.39	$2,431
Feb 2010	0	129	73.58	5.44	$702
Jan 2010	0	716	74.36	5.96	$4,270
Dec 2009	0	584	71.44	5.48	$3,203
Nov 2009	0	389	74.59	3.75	$1,459
Oct 2009	0	326	72.54	4.11	$1,340
Sep 2009	0	394	65.54	3.06	$1,208
Aug 2009	0	341	67.42	3.22	$1,098
Jul 2009	0	428	61.13	3.46	$1,483
Jun 2009	0	347	66.16	3.90	$1,352
May 2009	0	429	54.74	3.93	$1,684
Apr 2009	0	419	46.77	3.59	$1,503
Mar 2009	0	333	42.14	4.06	$1,352
Feb 2009	0	373	32.81	4.63	$1,728
Jan 2009	0	403	35.86	5.37	$2,165
Dec 2008	0	498	37.10	5.98	$2,977
Nov 2008	0	471	55.49	6.86	$3,231
Oct 2008	0	485	75.24	6.92	$3,357
Sep 2008	0	478	101.76	7.88	$3,765
Aug 2008	0	351	114.22	8.48	$2,978
Jul 2008	0	434	131.08	11.39	$4,943
Jun 2008	0	410	131.33	13.03	$5,343
May 2008	0	461	123.17	11.57	$5,336
Apr 2008	0	461	110.31	10.45	$4,820
Mar 2008	0	470	101.90	9.66	$4,542
Feb 2008	0	480	92.53	8.77	$4,210
Jan 2008	0	491	90.38	8.21	$4,029
Dec 2007	0	503	88.33	7.30	$3,673
Nov 2007	0	546	91.67	7.29	$3,981
Oct 2007	0	578	82.85	6.92	$4,001
Sep 2007	0	497	75.84	6.24	$3,103
Aug 2007	0	481	69.06	6.39	$3,073
Jul 2007	0	547	70.90	6.39	$3,494
Jun 2007	0	493	62.00	7.55	$3,721
May 2007	0	613	58.74	7.85	$4,810
Apr 2007	0	564	59.61	7.81	$4,402
Mar 2007	0	478	56.92	7.30	$3,490
Feb 2007	0	496	55.10	8.22	$4,075
Jan 2007	0	489	50.30	6.73	$3,289
Dec 2006	0	480	56.65	6.92	$3,321
Nov 2006	0	502	54.20	7.62	$3,824
Oct 2006	0	651	54.90	6.01	$3,915
Sep 2006	0	669	60.08	5.04	$3,370
Aug 2006	0	669	68.71	7.34	$4,910
Jul 2006	0	712	69.37	6.34	$4,516
Jun 2006	0	690	66.28	6.38	$4,405
May 2006	0	709	66.01	6.42	$4,555
Apr 2006	0	774	64.39	7.36	$5,697
Mar 2006	0	793	56.70	7.08	$5,617
Feb 2006	0	750	57.59	7.75	$5,813
Jan 2006	0	853	60.59	8.93	$7,620
Dec 2005	0	838	54.94	13.42	$11,242
Nov 2005	1	852	54.69	10.59	$9,076
Oct 2005	1	900	58.34	13.80	$12,475
Sep 2005	4	879	61.45	12.08	$10,863
Aug 2005	5	812	61.51	9.80	$8,263
Jul 2005	4	769	55.69	7.84	$6,255
Jun 2005	4	806	52.33	7.38	$6,158
May 2005	14	776	45.22	6.65	$5,794
Apr 2005	13	799	49.20	7.36	$6,521
Mar 2005	12	766	50.37	7.15	$6,085
Feb 2005	18	605	45.22	6.31	$4,633
Jan 2005	12	950	43.16	6.32	$6,524
Dec 2004	14	869	39.86	6.75	$6,425
Nov 2004	9	912	45.28	6.33	$6,181
Oct 2004	19	938	49.70	6.52	$7,055
Sep 2004	5	971	43.24	5.28	$5,347
Aug 2004	0	1,372	42.37	5.55	$7,616
Jul 2004	17	949	38.28	6.08	$6,425
Jun 2004	5	806	36.10	6.43	$5,366
May 2004	5	654	37.48	6.49	$4,435
Apr 2004	5	653	34.47	5.86	$3,998
Mar 2004	8	1,042	34.36	5.53	$6,037
Feb 2004	8	593	32.45	5.51	$3,527
Jan 2004	17	789	32.03	6.30	$5,515
Dec 2003	0	589	30.26	6.30	$3,712
Nov 2003	0	759	28.80	4.60	$3,488
Oct 2003	0	733	28.17	4.76	$3,489
Sep 2003	0	773	26.31	4.75	$3,671
Aug 2003	0	934	29.76	5.13	$4,791
Jul 2003	0	522	29.41	5.17	$2,699
Jun 2003	0	615	28.56	5.98	$3,680
May 2003	0	772	26.59	5.97	$4,611
Apr 2003	0	381	26.67	5.41	$2,060
Mar 2003	0	928	31.14	6.10	$5,657
Feb 2003	0	1,401	33.48	7.93	$11,104
Jan 2003	0	1,602	30.31	5.58	$8,942
Dec 2002	0	1,821	26.91	4.85	$8,839
Nov 2002	0	1,745	24.66	4.14	$7,219
Oct 2002	0	1,005	26.46	4.23	$4,250
Sep 2002	0	747	27.44	3.64	$2,715
Aug 2002	0	1,171	25.96	3.16	$3,705
Jul 2002	0	2,040	24.58	3.06	$6,246
Jun 2002	0	1,990	23.73	3.34	$6,643
May 2002	0	1,888	24.66	3.58	$6,767
Apr 2002	0	2,079	23.65	3.51	$7,302
Mar 2002	0	1,922	22.00	3.10	$5,963
Feb 2002	0	1,117	18.22	2.38	$2,654
Jan 2002	0	1,852	17.17	2.38	$4,400
Dec 2001	0	2,059	16.93	2.36	$4,868
Nov 2001	0	1,804	18.07	2.41	$4,340
Oct 2001	0	1,860	19.78	2.53	$4,704
Sep 2001	0	2,420	24.26	2.25	$5,448
Aug 2001	0	2,465	24.87	3.05	$7,526
Jul 2001	0	2,560	23.93	3.20	$8,185
Jun 2001	0	3,724	24.56	3.82	$14,241
May 2001	2	4,102	25.52	4.31	$17,720
Apr 2001	6	990	24.68	5.34	$5,430
Mar 2001	3	348	24.54	5.38	$1,945
Feb 2001	1	293	27.75	5.77	$1,718
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	0	55	32.21	5.66	$311
Oct 2000	1	476	31.23	5.15	$2,480
Sep 2000	1	235	31.87	5.19	$1,251
Aug 2000	0	574	29.64	4.54	$2,606
Jul 2000	1	595	28.53	4.09	$2,462
Jun 2000	2	813	29.30	4.40	$3,634
May 2000	2	459	27.26	3.68	$1,744
Apr 2000	1	388	24.51	3.12	$1,234
Mar 2000	3	359	28.42	2.86	$1,112
Feb 2000	1	363	27.62	2.73	$1,017
Jan 2000	1	448	25.27	2.48	$1,137
Dec 1999	3	570	24.28	2.42	$1,454
Nov 1999	3	581	23.19	2.43	$1,484
Oct 1999	3	646	20.98	2.80	$1,874
Sep 1999	3	636	21.75	2.62	$1,731
Aug 1999	2	586	19.26	2.88	$1,724
Jul 1999	4	734	17.89	2.37	$1,813
Jun 1999	3	657	15.94	2.36	$1,600
May 1999	1	627	15.79	2.32	$1,471
Apr 1999	1	677	15.10	2.21	$1,510
Mar 1999	2	883	12.47	1.84	$1,648
Feb 1999	0	712	9.98	1.82	$1,294
Jan 1999	2	936	10.38	1.90	$1,799
Dec 1998	0	789	9.20	1.77	$1,399
Nov 1998	3	633	10.89	2.19	$1,416
Oct 1998	0	856	12.42	1.97	$1,686
Sep 1998	0	916	12.59	2.08	$1,908
Aug 1998	2	736	11.30	1.91	$1,426
Jul 1998	0	709	11.74	2.24	$1,586
Jun 1998	1	694	11.24	2.24	$1,564
May 1998	0	407	12.62	2.21	$898
Apr 1998	1	570	13.04	2.51	$1,441
Mar 1998	7	750	12.80	2.31	$1,822
Feb 1998	0	648	13.95	2.30	$1,490
Jan 1998	4	670	14.70	2.15	$1,503
Dec 1997	3	673	16.32	2.41	$1,672
Nov 1997	2	570	18.19	3.09	$1,797
Oct 1997	3	608	19.25	3.15	$1,973
Sep 1997	0	638	17.74	2.95	$1,885
Aug 1997	3	692	17.86	2.55	$1,821
Jul 1997	2	651	17.58	2.25	$1,498
Jun 1997	0	458	17.24	2.26	$1,034
May 1997	2	568	18.97	2.31	$1,349
Apr 1997	2	660	17.88	2.08	$1,410
Mar 1997	2	713	18.95	1.94	$1,421
Feb 1997	2	544	20.49	2.21	$1,241
Jan 1997	2	710	23.48	3.54	$2,560
Dec 1996	2	761	23.32	—	$47
Nov 1996	0	691	21.97	—	$0
Oct 1996	1	398	23.31	—	$23
Sep 1996	2	574	22.22	—	$44
Aug 1996	0	640	20.26	—	$0
Jul 1996	2	732	19.55	—	$39
Jun 1996	2	737	18.73	—	$37
May 1996	5	736	19.43	—	$97
Apr 1996	0	722	21.51	—	$0
Mar 1996	5	741	19.38	—	$97
Feb 1996	0	742	16.98	—	$0
Jan 1996	3	1,092	17.07	—	$51
Dec 1995	2	858	17.19	—	$34
Nov 1995	3	884	16.00	—	$48
Oct 1995	2	886	15.43	—	$31
Sep 1995	3	893	16.18	—	$49
Aug 1995	4	798	15.92	—	$64
Jul 1995	0	920	15.24	—	$0
Jun 1995	5	946	16.41	—	$82
May 1995	6	980	17.56	—	$105
Apr 1995	4	892	17.73	—	$71
Mar 1995	4	1,053	16.44	—	$66
Feb 1995	4	992	16.58	—	$66
Jan 1995	4	1,161	15.92	—	$64
Dec 1994	4	894	15.03	—	$60
Nov 1994	4	1,304	15.90	—	$64
Oct 1994	5	1,295	15.58	—	$78
Sep 1994	5	707	15.29	—	$76
Aug 1994	5	938	16.13	—	$81
Jul 1994	0	505	17.56	—	$0
Jun 1994	5	814	17.09	—	$85
May 1994	5	843	15.88	—	$79
Apr 1994	3	347	14.14	—	$42
Mar 1994	3	564	12.46	—	$37
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	20	124	18.05	—	$361
Mar 1993	0	321	18.14	—	$0
Feb 1993	0	221	17.90	—	$0
Jan 1993	0	295	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             3 bbl  × $ 45.35 =       $136
Gas                   83 Mcf  × $  2.69 =       $223

────────────────────────────────────────────────────
Month total                                     $359

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/95519 is the state's own key, not one this site invented.