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 97313District 04Field 35566500NGPA filingCondensateGasSave Export

Value, all time

$1.1 M

Jan 1993 – Sep 2017

Value, last 12 filed months

at the published price for each month

Months reported

297

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	1	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	1,461 bbl	$31,970
Gas	Production	203,957 Mcf	$1,036,038
Total			$1,068,008

26,778 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 28.0745, -99.8862. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.07453, -99.88622 · 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

5,650 ft

1 wells filed one

Completion to plug

35.8 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 5,650 ft.

Completions filed

Nov 1981

1 of 1 wells

Plug dates filed

Sep 2017

1 of 1 wells

Last completion to plug: a median of 35.8 years across the 1 well that filed both dates, with the middle half between 35.8 years and 35.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47933037	4016	5,650 ft	Nov 1981	Sep 2017	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 (297)

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

297 months


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	118	45.35	2.69	$453
May 2016	0	490	42.52	1.99	$976
Apr 2016	0	595	36.56	1.99	$1,185
Mar 2016	3	389	33.01	1.79	$797
Feb 2016	0	289	26.47	2.06	$596
Jan 2016	0	289	27.35	2.36	$683
Dec 2015	0	410	32.36	2.00	$821
Nov 2015	0	473	38.79	2.17	$1,025
Oct 2015	0	513	43.55	2.43	$1,245
Sep 2015	0	327	42.99	2.76	$902
Aug 2015	4	506	40.16	2.87	$1,614
Jul 2015	0	488	48.15	2.95	$1,437
Jun 2015	0	639	56.15	2.88	$1,842
May 2015	0	595	55.21	2.96	$1,758
Apr 2015	0	346	49.82	2.71	$936
Mar 2015	0	381	42.89	2.93	$1,118
Feb 2015	4	365	44.66	2.98	$1,265
Jan 2015	7	643	43.43	3.10	$2,298
Dec 2014	0	620	54.69	3.59	$2,227
Nov 2014	0	326	70.46	4.25	$1,386
Oct 2014	0	654	78.30	3.90	$2,551
Sep 2014	0	645	86.16	4.05	$2,609
Aug 2014	3	551	89.39	4.04	$2,492
Jul 2014	0	765	96.56	4.18	$3,197
Jun 2014	0	731	98.16	4.74	$3,463
May 2014	0	855	94.73	4.73	$4,041
Apr 2014	5	823	95.94	4.81	$4,438
Mar 2014	0	824	95.89	5.06	$4,167
Feb 2014	5	712	97.40	6.19	$4,896
Jan 2014	0	746	90.40	4.86	$3,626
Dec 2013	5	900	91.82	4.35	$4,378
Nov 2013	0	779	88.85	3.74	$2,912
Oct 2013	0	649	97.42	3.78	$2,453
Sep 2013	0	729	104.11	3.72	$2,710
Aug 2013	0	856	104.25	3.52	$3,015
Jul 2013	0	939	102.52	3.72	$3,491
Jun 2013	0	948	94.40	3.93	$3,729
May 2013	0	974	94.83	4.15	$4,041
Apr 2013	0	900	93.96	4.28	$3,854
Mar 2013	0	939	93.62	3.91	$3,674
Feb 2013	4	865	91.23	3.42	$3,323
Jan 2013	0	964	91.60	3.42	$3,297
Dec 2012	0	962	86.77	3.42	$3,290
Nov 2012	0	901	86.95	3.62	$3,266
Oct 2012	5	938	89.38	3.40	$3,636
Sep 2012	0	830	94.67	2.92	$2,422
Aug 2012	0	898	92.66	2.91	$2,612
Jul 2012	0	864	85.13	3.02	$2,610
Jun 2012	0	879	79.82	2.52	$2,214
May 2012	0	868	91.61	2.49	$2,160
Apr 2012	0	895	101.65	2.00	$1,787
Mar 2012	4	892	105.05	2.22	$2,402
Feb 2012	0	617	101.10	2.57	$1,586
Jan 2012	0	653	98.09	2.73	$1,785
Dec 2011	0	579	96.87	3.24	$1,876
Nov 2011	9	535	95.72	3.31	$2,633
Oct 2011	0	641	84.98	3.65	$2,339
Sep 2011	0	910	83.62	3.99	$3,627
Aug 2011	0	422	83.40	4.15	$1,751
Jul 2011	0	1,067	94.14	4.52	$4,820
Jun 2011	0	1,071	92.90	4.64	$4,969
May 2011	0	1,538	98.13	4.40	$6,775
Apr 2011	0	874	105.96	4.33	$3,787
Mar 2011	2	783	96.36	4.06	$3,370
Feb 2011	0	783	85.64	4.18	$3,273
Jan 2011	0	842	86.50	4.59	$3,864
Dec 2010	0	572	85.73	4.35	$2,487
Nov 2010	0	673	80.84	3.80	$2,554
Oct 2010	0	866	78.10	3.51	$3,039
Sep 2010	0	534	72.63	3.98	$2,125
Aug 2010	0	544	73.68	4.42	$2,404
Jul 2010	0	644	72.55	4.74	$3,050
Jun 2010	0	714	70.36	4.91	$3,506
May 2010	0	1,017	71.12	4.24	$4,307
Apr 2010	0	985	81.69	4.12	$4,061
Mar 2010	0	956	78.39	4.39	$4,196
Feb 2010	0	129	73.58	5.44	$702
Jan 2010	0	730	74.36	5.96	$4,354
Dec 2009	0	671	71.44	5.48	$3,680
Nov 2009	0	667	74.59	3.75	$2,502
Oct 2009	0	735	72.54	4.11	$3,021
Sep 2009	0	748	65.54	3.06	$2,292
Aug 2009	0	947	67.42	3.22	$3,048
Jul 2009	0	606	61.13	3.46	$2,099
Jun 2009	0	712	66.16	3.90	$2,773
May 2009	0	663	54.74	3.93	$2,603
Apr 2009	0	743	46.77	3.59	$2,666
Mar 2009	0	841	42.14	4.06	$3,414
Feb 2009	0	694	32.81	4.63	$3,215
Jan 2009	0	754	35.86	5.37	$4,050
Dec 2008	0	1,102	37.10	5.98	$6,587
Nov 2008	0	1,227	55.49	6.86	$8,418
Oct 2008	0	1,141	75.24	6.92	$7,898
Sep 2008	0	391	101.76	7.88	$3,080
Aug 2008	0	382	114.22	8.48	$3,241
Jul 2008	0	349	131.08	11.39	$3,975
Jun 2008	0	908	131.33	13.03	$11,834
May 2008	0	1,374	123.17	11.57	$15,903
Apr 2008	0	1,395	110.31	10.45	$14,585
Mar 2008	0	1,330	101.90	9.66	$12,853
Feb 2008	0	1,374	92.53	8.77	$12,051
Jan 2008	0	1,599	90.38	8.21	$13,121
Dec 2007	0	1,724	88.33	7.30	$12,589
Nov 2007	0	1,556	91.67	7.29	$11,346
Oct 2007	0	1,751	82.85	6.92	$12,120
Sep 2007	0	1,680	75.84	6.24	$10,490
Aug 2007	0	1,497	69.06	6.39	$9,563
Jul 2007	0	1,716	70.90	6.39	$10,962
Jun 2007	0	1,809	62.00	7.55	$13,655
May 2007	0	1,925	58.74	7.85	$15,104
Apr 2007	0	2,181	59.61	7.81	$17,023
Mar 2007	0	2,555	56.92	7.30	$18,657
Feb 2007	0	2,346	55.10	8.22	$19,275
Jan 2007	0	2,738	50.30	6.73	$18,418
Dec 2006	0	2,303	56.65	6.92	$15,933
Nov 2006	0	1,908	54.20	7.62	$14,534
Oct 2006	0	1,828	54.90	6.01	$10,993
Sep 2006	0	1,899	60.08	5.04	$9,566
Aug 2006	0	1,848	68.71	7.34	$13,564
Jul 2006	0	2,783	69.37	6.34	$17,652
Jun 2006	0	2,607	66.28	6.38	$16,643
May 2006	0	2,658	66.01	6.42	$17,078
Apr 2006	0	2,926	64.39	7.36	$21,537
Mar 2006	0	2,990	56.70	7.08	$21,178
Feb 2006	0	2,495	57.59	7.75	$19,339
Jan 2006	0	3,321	60.59	8.93	$29,668
Dec 2005	0	3,847	54.94	13.42	$51,609
Nov 2005	0	3,577	54.69	10.59	$37,875
Oct 2005	0	4,483	58.34	13.80	$61,846
Sep 2005	0	842	61.45	12.08	$10,171
Aug 2005	0	272	61.51	9.80	$2,665
Jul 2005	0	414	55.69	7.84	$3,247
Jun 2005	0	219	52.33	7.38	$1,616
May 2005	0	282	45.22	6.65	$1,876
Apr 2005	0	264	49.20	7.36	$1,943
Mar 2005	0	386	50.37	7.15	$2,762
Feb 2005	0	293	45.22	6.31	$1,849
Jan 2005	0	344	43.16	6.32	$2,175
Dec 2004	0	350	39.86	6.75	$2,363
Nov 2004	0	296	45.28	6.33	$1,874
Oct 2004	0	244	49.70	6.52	$1,590
Sep 2004	0	527	43.24	5.28	$2,785
Aug 2004	0	652	42.37	5.55	$3,619
Jul 2004	1	640	38.28	6.08	$3,932
Jun 2004	0	631	36.10	6.43	$4,059
May 2004	0	637	37.48	6.49	$4,137
Apr 2004	1	626	34.47	5.86	$3,702
Mar 2004	2	853	34.36	5.53	$4,786
Feb 2004	5	484	32.45	5.51	$2,829
Jan 2004	17	132	32.03	6.30	$1,376
Dec 2003	18	144	30.26	6.30	$1,452
Nov 2003	0	167	28.80	4.60	$767
Oct 2003	0	160	28.17	4.76	$762
Sep 2003	10	199	26.31	4.75	$1,208
Aug 2003	14	266	29.76	5.13	$1,781
Jul 2003	20	324	29.41	5.17	$2,264
Jun 2003	20	277	28.56	5.98	$2,228
May 2003	5	219	26.59	5.97	$1,441
Apr 2003	6	225	26.67	5.41	$1,377
Mar 2003	14	370	31.14	6.10	$2,691
Feb 2003	5	291	33.48	7.93	$2,474
Jan 2003	7	328	30.31	5.58	$2,043
Dec 2002	6	231	26.91	4.85	$1,283
Nov 2002	7	250	24.66	4.14	$1,207
Oct 2002	2	220	26.46	4.23	$983
Sep 2002	4	284	27.44	3.64	$1,142
Aug 2002	3	295	25.96	3.16	$1,011
Jul 2002	6	297	24.58	3.06	$1,057
Jun 2002	4	332	23.73	3.34	$1,203
May 2002	3	284	24.66	3.58	$1,092
Apr 2002	3	362	23.65	3.51	$1,342
Mar 2002	3	158	22.00	3.10	$556
Feb 2002	3	131	18.22	2.38	$366
Jan 2002	5	188	17.17	2.38	$532
Dec 2001	5	183	16.93	2.36	$517
Nov 2001	6	233	18.07	2.41	$669
Oct 2001	2	204	19.78	2.53	$555
Sep 2001	2	180	24.26	2.25	$454
Aug 2001	4	186	24.87	3.05	$667
Jul 2001	2	193	23.93	3.20	$665
Jun 2001	4	200	24.56	3.82	$863
May 2001	4	225	25.52	4.31	$1,071
Apr 2001	8	205	24.68	5.34	$1,291
Mar 2001	9	229	24.54	5.38	$1,452
Feb 2001	6	234	27.75	5.77	$1,516
Jan 2001	8	266	27.47	8.40	$2,454
Dec 2000	11	326	26.88	9.12	$3,270
Nov 2000	4	271	32.21	5.66	$1,662
Oct 2000	7	260	31.23	5.15	$1,556
Sep 2000	3	250	31.87	5.19	$1,392
Aug 2000	4	372	29.64	4.54	$1,808
Jul 2000	3	378	28.53	4.09	$1,632
Jun 2000	8	418	29.30	4.40	$2,072
May 2000	12	445	27.26	3.68	$1,965
Apr 2000	7	434	24.51	3.12	$1,524
Mar 2000	16	421	28.42	2.86	$1,659
Feb 2000	9	375	27.62	2.73	$1,271
Jan 2000	9	405	25.27	2.48	$1,232
Dec 1999	12	409	24.28	2.42	$1,283
Nov 1999	15	391	23.19	2.43	$1,300
Oct 1999	11	408	20.98	2.80	$1,375
Sep 1999	8	371	21.75	2.62	$1,146
Aug 1999	9	373	19.26	2.88	$1,246
Jul 1999	13	394	17.89	2.37	$1,167
Jun 1999	9	404	15.94	2.36	$1,098
May 1999	4	376	15.79	2.32	$936
Apr 1999	4	366	15.10	2.21	$869
Mar 1999	7	403	12.47	1.84	$828
Feb 1999	0	285	9.98	1.82	$518
Jan 1999	4	308	10.38	1.90	$627
Dec 1998	0	313	9.20	1.77	$555
Nov 1998	5	221	10.89	2.19	$537
Oct 1998	0	344	12.42	1.97	$677
Sep 1998	0	316	12.59	2.08	$658
Aug 1998	5	289	11.30	1.91	$608
Jul 1998	0	322	11.74	2.24	$720
Jun 1998	4	273	11.24	2.24	$656
May 1998	0	265	12.62	2.21	$585
Apr 1998	5	247	13.04	2.51	$684
Mar 1998	5	322	12.80	2.31	$808
Feb 1998	0	291	13.95	2.30	$669
Jan 1998	10	265	14.70	2.15	$718
Dec 1997	7	553	16.32	2.41	$1,448
Nov 1997	5	340	18.19	3.09	$1,141
Oct 1997	11	382	19.25	3.15	$1,415
Sep 1997	0	444	17.74	2.95	$1,312
Aug 1997	7	449	17.86	2.55	$1,272
Jul 1997	7	408	17.58	2.25	$1,040
Jun 1997	0	404	17.24	2.26	$912
May 1997	6	481	18.97	2.31	$1,224
Apr 1997	6	486	17.88	2.08	$1,120
Mar 1997	5	521	18.95	1.94	$1,105
Feb 1997	6	488	20.49	2.21	$1,199
Jan 1997	7	524	23.48	3.54	$2,019
Dec 1996	7	440	23.32	—	$163
Nov 1996	0	524	21.97	—	$0
Oct 1996	9	551	23.31	—	$210
Sep 1996	12	612	22.22	—	$267
Aug 1996	0	717	20.26	—	$0
Jul 1996	12	712	19.55	—	$235
Jun 1996	12	720	18.73	—	$225
May 1996	21	493	19.43	—	$408
Apr 1996	0	645	21.51	—	$0
Mar 1996	23	614	19.38	—	$446
Feb 1996	0	456	16.98	—	$0
Jan 1996	10	427	17.07	—	$171
Dec 1995	12	513	17.19	—	$206
Nov 1995	13	563	16.00	—	$208
Oct 1995	15	454	15.43	—	$231
Sep 1995	21	504	16.18	—	$340
Aug 1995	43	502	15.92	—	$685
Jul 1995	0	509	15.24	—	$0
Jun 1995	19	479	16.41	—	$312
May 1995	36	489	17.56	—	$632
Apr 1995	18	459	17.73	—	$319
Mar 1995	18	426	16.44	—	$296
Feb 1995	19	391	16.58	—	$315
Jan 1995	21	451	15.92	—	$334
Dec 1994	21	504	15.03	—	$316
Nov 1994	22	536	15.90	—	$350
Oct 1994	23	567	15.58	—	$358
Sep 1994	22	546	15.29	—	$336
Aug 1994	22	584	16.13	—	$355
Jul 1994	0	542	17.56	—	$0
Jun 1994	22	555	17.09	—	$376
May 1994	24	575	15.88	—	$381
Apr 1994	24	538	14.14	—	$339
Mar 1994	22	594	12.46	—	$274
Feb 1994	27	528	12.50	—	$338
Jan 1994	27	582	12.66	—	$342
Dec 1993	24	635	12.33	—	$296
Nov 1993	0	589	14.49	—	$0
Oct 1993	22	607	15.85	—	$349
Sep 1993	23	590	15.03	—	$346
Aug 1993	0	659	15.66	—	$0
Jul 1993	25	751	15.46	—	$387
Jun 1993	24	515	16.79	—	$403
May 1993	27	610	17.68	—	$477
Apr 1993	30	706	18.05	—	$542
Mar 1993	30	787	18.14	—	$544
Feb 1993	27	496	17.90	—	$483
Jan 1993	25	531	16.93	—	$423

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                  118 Mcf  × $  2.69 =       $317

────────────────────────────────────────────────────
Month total                                     $453

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/97313 is the state's own key, not one this site invented.