PETTY, O.S.

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 97312District 04Field 25570400NGPA filingCondensateGasSaveExport
Value, all time
$29 k
Jan 1993 – Feb 2004
Value, last 12 filed months
$0
at the published price for each month
Months reported
134
no gaps in the span
Streams
2
condensate, gas

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).

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

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.

StreamBasisVolumeValue
CondensateDisposition43 bbl$664
GasProduction32,483 Mcf$27,912
Total$28,576

21,037 Mcf of this lease's gas, across 46 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 28.0953, -99.8773. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.09527, -99.87730 · centre of the wells drawn, derived

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
22.2 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
Dec 1981
1 of 1 wells
Plug dates filed
Feb 2004
1 of 1 wells

Last completion to plug: a median of 22.2 years across the 1 well that filed both dates, with the middle half between 22.2 years and 22.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793270830185,550 ftDec 1981Feb 2004Yes

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 (134)

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

134 months

Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 200108024.873.05$244
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010524.545.38$27
Feb 20010827.755.77$46
Jan 200102227.478.40$185
Dec 200002126.889.12$192
Nov 200001732.215.66$96
Oct 20000731.235.15$36
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000328.534.09$12
Jun 2000015129.304.40$664
May 2000016427.263.68$603
Apr 2000019124.513.12$595
Mar 200001728.422.86$49
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 199905023.192.43$122
Oct 1999015620.982.80$437
Sep 199905421.752.62$141
Aug 1999014019.262.88$403
Jul 1999021117.892.37$501
Jun 1999018715.942.36$442
May 1999018415.792.32$427
Apr 1999028115.102.21$620
Mar 1999040312.471.84$741
Feb 199903669.981.82$665
Jan 1999022410.381.90$426
Dec 199802309.201.77$408
Nov 1998026410.892.19$577
Oct 1998040812.421.97$803
Sep 1998033012.592.08$687
Aug 1998034811.301.91$664
Jul 1998035211.742.24$788
Jun 1998031611.242.24$707
May 1998032112.622.21$708
Apr 1998032813.042.51$822
Mar 1998037712.802.31$871
Feb 1998031713.952.30$729
Jan 1998032714.702.15$705
Dec 1997036916.322.41$890
Nov 1997033518.193.09$1,035
Oct 1997039019.253.15$1,228
Sep 1997045417.742.95$1,342
Aug 1997044017.862.55$1,124
Jul 1997021517.582.25$483
Jun 1997035617.242.26$804
May 1997039718.972.31$916
Apr 1997044917.882.08$935
Mar 1997040318.951.94$781
Feb 1997039120.492.21$863
Jan 1997038723.483.54$1,370
Dec 1996040923.32$0
Nov 1996039021.97$0
Oct 1996040823.31$0
Sep 1996044622.22$0
Aug 1996030120.26$0
Jul 1996040219.55$0
Jun 1996043018.73$0
May 1996044119.43$0
Apr 1996047721.51$0
Mar 1996039019.38$0
Feb 1996034916.98$0
Jan 1996038817.07$0
Dec 1995044917.19$0
Nov 1995036716.00$0
Oct 1995043915.43$0
Sep 1995047916.18$0
Aug 1995040115.92$0
Jul 1995048815.24$0
Jun 1995049116.41$0
May 1995147417.56$18
Apr 1995042017.73$0
Mar 1995051016.44$0
Feb 1995048716.58$0
Jan 1995062615.92$0
Dec 1994068715.03$0
Nov 1994067815.90$0
Oct 1994093915.58$0
Sep 1994125715.29$15
Aug 19940016.13$0
Jul 19940017.56$0
Jun 199418317.09$17
May 199428415.88$32
Apr 1994211614.14$28
Mar 1994226812.46$25
Feb 1994332712.50$38
Jan 1994339812.66$38
Dec 1993455112.33$49
Nov 1993051314.49$0
Oct 1993359415.85$48
Sep 1993380715.03$45
Aug 1993060615.66$0
Jul 1993363715.46$46
Jun 1993257216.79$34
May 1993233817.68$35
Apr 1993360318.05$54
Mar 1993345218.14$54
Feb 1993359217.90$54
Jan 1993247316.93$34

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.

Aug 2001 — as filed, then multipliedworked
Condensate             0 bbl  × $ 24.87 =         $0
Gas                   80 Mcf  × $  3.05 =       $244

────────────────────────────────────────────────────
Month total                                     $244

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/97312 is the state's own key, not one this site invented.