PETTY, N.M. ET AL

Name: PETTY, N.M. ET AL lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by DEVON ENERGY PRODUCTION CO, L.P. (P-5 216378) in the GILMER(JURASSIC) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 130158District 06Field 34943750Hydrogen sulphide fieldNGPA filingCondensateGasSave Export

Value, all time

$1.9 M

Jan 1993 – Feb 2014

Value, last 12 filed months

$34 k

at the published price for each month

Months reported

254

no gaps in the span

Streams

condensate, gas

The GILMER(JURASSIC) 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 241 leases and 241 wells, and the rule below applies to all of them.

Discovered

—

not filed

Field class

Oil and gas

the register's own label

Between wells

660 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 2010-12-14.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “EFFECTIVE MAY.”

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	1,077 bbl	$33,763
Gas	Production	504,964 Mcf	$1,848,871
Total			$1,882,633

123,993 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 32.6024, -95.0421. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.60235, -95.04210 · 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

11,950 ft

1 wells filed one

Completion to plug

25.3 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 11,950 ft.

Completions filed

Nov 1988

1 of 1 wells

Plug dates filed

Feb 2014

1 of 1 wells

Last completion to plug: a median of 25.3 years across the 1 well that filed both dates, with the middle half between 25.3 years and 25.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-45930666	1	11,950 ft	Nov 1988	Feb 2014	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 (254)

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

254 months


Feb 2014	48	0	97.40	6.19	$4,675
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	360	88.85	3.74	$1,346
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	466	104.11	3.72	$1,732
Aug 2013	0	508	104.25	3.52	$1,789
Jul 2013	0	1,039	102.52	3.72	$3,863
Jun 2013	0	1,118	94.40	3.93	$4,398
May 2013	0	1,283	94.83	4.15	$5,323
Apr 2013	0	1,013	93.96	4.28	$4,338
Mar 2013	0	1,796	93.62	3.91	$7,028
Feb 2013	0	1,734	91.23	3.42	$5,930
Jan 2013	0	1,267	91.60	3.42	$4,333
Dec 2012	0	1,817	86.77	3.42	$6,214
Nov 2012	0	1,564	86.95	3.62	$5,669
Oct 2012	0	1,447	89.38	3.40	$4,919
Sep 2012	0	1,713	94.67	2.92	$4,999
Aug 2012	0	1,756	92.66	2.91	$5,107
Jul 2012	0	1,716	85.13	3.02	$5,184
Jun 2012	0	1,591	79.82	2.52	$4,008
May 2012	0	1,879	91.61	2.49	$4,676
Apr 2012	0	1,985	101.65	2.00	$3,964
Mar 2012	0	2,374	105.05	2.22	$5,275
Feb 2012	0	2,289	101.10	2.57	$5,883
Jan 2012	0	2,437	98.09	2.73	$6,663
Dec 2011	0	2,427	96.87	3.24	$7,863
Nov 2011	0	1,868	95.72	3.31	$6,185
Oct 2011	0	1,997	84.98	3.65	$7,286
Sep 2011	0	1,088	83.62	3.99	$4,337
Aug 2011	0	1,114	83.40	4.15	$4,622
Jul 2011	0	962	94.14	4.52	$4,346
Jun 2011	0	1,111	92.90	4.64	$5,155
May 2011	0	1,595	98.13	4.40	$7,026
Apr 2011	0	1,400	105.96	4.33	$6,067
Mar 2011	0	1,305	96.36	4.06	$5,295
Feb 2011	0	1,314	85.64	4.18	$5,492
Jan 2011	0	1,619	86.50	4.59	$7,429
Dec 2010	0	1,326	85.73	4.35	$5,765
Nov 2010	0	1,534	80.84	3.80	$5,822
Oct 2010	0	2,281	78.10	3.51	$8,004
Sep 2010	0	1,913	72.63	3.98	$7,613
Aug 2010	0	2,135	73.68	4.42	$9,435
Jul 2010	0	1,844	72.55	4.74	$8,734
Jun 2010	0	1,585	70.36	4.91	$7,783
May 2010	0	1,429	71.12	4.24	$6,052
Apr 2010	0	1,139	81.69	4.12	$4,696
Mar 2010	0	1,845	78.39	4.39	$8,097
Feb 2010	0	1,546	73.58	5.44	$8,414
Jan 2010	0	1,946	74.36	5.96	$11,606
Dec 2009	0	2,077	71.44	5.48	$11,390
Nov 2009	117	2,394	74.59	3.75	$17,708
Oct 2009	0	2,208	72.54	4.11	$9,075
Sep 2009	0	2,226	65.54	3.06	$6,822
Aug 2009	0	2,295	67.42	3.22	$7,386
Jul 2009	0	2,451	61.13	3.46	$8,491
Jun 2009	0	2,236	66.16	3.90	$8,709
May 2009	0	2,193	54.74	3.93	$8,609
Apr 2009	0	2,718	46.77	3.59	$9,751
Mar 2009	0	2,554	42.14	4.06	$10,367
Feb 2009	0	2,894	32.81	4.63	$13,408
Jan 2009	0	1,395	35.86	5.37	$7,493
Dec 2008	0	1,555	37.10	5.98	$9,294
Nov 2008	0	654	55.49	6.86	$4,487
Oct 2008	0	1,328	75.24	6.92	$9,192
Sep 2008	0	2,021	101.76	7.88	$15,920
Aug 2008	0	2,286	114.22	8.48	$19,392
Jul 2008	0	1,705	131.08	11.39	$19,419
Jun 2008	0	1,872	131.33	13.03	$24,397
May 2008	0	1,301	123.17	11.57	$15,058
Apr 2008	0	1,761	110.31	10.45	$18,411
Mar 2008	0	1,702	101.90	9.66	$16,448
Feb 2008	0	1,641	92.53	8.77	$14,393
Jan 2008	0	1,579	90.38	8.21	$12,957
Dec 2007	0	1,859	88.33	7.30	$13,574
Nov 2007	0	2,074	91.67	7.29	$15,123
Oct 2007	0	2,217	82.85	6.92	$15,346
Sep 2007	0	2,230	75.84	6.24	$13,924
Aug 2007	0	1,841	69.06	6.39	$11,760
Jul 2007	0	2,165	70.90	6.39	$13,830
Jun 2007	0	2,143	62.00	7.55	$16,176
May 2007	0	2,330	58.74	7.85	$18,282
Apr 2007	0	2,211	59.61	7.81	$17,257
Mar 2007	0	1,881	56.92	7.30	$13,735
Feb 2007	0	2,070	55.10	8.22	$17,007
Jan 2007	0	1,727	50.30	6.73	$11,617
Dec 2006	0	1,208	56.65	6.92	$8,357
Nov 2006	0	991	54.20	7.62	$7,549
Oct 2006	0	1,556	54.90	6.01	$9,357
Sep 2006	0	1,643	60.08	5.04	$8,276
Aug 2006	0	1,803	68.71	7.34	$13,234
Jul 2006	0	1,719	69.37	6.34	$10,903
Jun 2006	0	2,106	66.28	6.38	$13,444
May 2006	0	1,769	66.01	6.42	$11,366
Apr 2006	0	2,228	64.39	7.36	$16,399
Mar 2006	0	2,340	56.70	7.08	$16,574
Feb 2006	0	1,387	57.59	7.75	$10,751
Jan 2006	0	2,183	60.59	8.93	$19,501
Dec 2005	0	2,653	54.94	13.42	$35,591
Nov 2005	0	2,489	54.69	10.59	$26,355
Oct 2005	0	2,717	58.34	13.80	$37,483
Sep 2005	0	2,531	61.45	12.08	$30,572
Aug 2005	0	2,330	61.51	9.80	$22,827
Jul 2005	0	2,097	55.69	7.84	$16,448
Jun 2005	0	2,855	52.33	7.38	$21,073
May 2005	122	2,730	45.22	6.65	$23,675
Apr 2005	0	2,242	49.20	7.36	$16,502
Mar 2005	0	2,456	50.37	7.15	$17,572
Feb 2005	0	1,804	45.22	6.31	$11,387
Jan 2005	0	2,363	43.16	6.32	$14,939
Dec 2004	0	1,798	39.86	6.75	$12,138
Nov 2004	0	2,178	45.28	6.33	$13,788
Oct 2004	0	2,309	49.70	6.52	$15,043
Sep 2004	0	2,070	43.24	5.28	$10,938
Aug 2004	0	2,044	42.37	5.55	$11,346
Jul 2004	0	2,578	38.28	6.08	$15,685
Jun 2004	0	2,360	36.10	6.43	$15,182
May 2004	0	2,842	37.48	6.49	$18,458
Apr 2004	0	2,452	34.47	5.86	$14,365
Mar 2004	0	2,382	34.36	5.53	$13,173
Feb 2004	0	2,167	32.45	5.51	$11,939
Jan 2004	0	2,161	32.03	6.30	$13,614
Dec 2003	0	2,094	30.26	6.30	$13,196
Nov 2003	0	2,437	28.80	4.60	$11,198
Oct 2003	0	2,356	28.17	4.76	$11,214
Sep 2003	0	1,704	26.31	4.75	$8,093
Aug 2003	0	1,598	29.76	5.13	$8,197
Jul 2003	0	1,623	29.41	5.17	$8,392
Jun 2003	115	1,895	28.56	5.98	$14,622
May 2003	0	1,997	26.59	5.97	$11,927
Apr 2003	0	2,049	26.67	5.41	$11,080
Mar 2003	0	2,110	31.14	6.10	$12,863
Feb 2003	0	1,388	33.48	7.93	$11,001
Jan 2003	0	1,797	30.31	5.58	$10,031
Dec 2002	0	2,168	26.91	4.85	$10,523
Nov 2002	0	1,166	24.66	4.14	$4,824
Oct 2002	0	1,472	26.46	4.23	$6,225
Sep 2002	0	1,860	27.44	3.64	$6,761
Aug 2002	0	2,426	25.96	3.16	$7,676
Jul 2002	0	1,686	24.58	3.06	$5,162
Jun 2002	0	1,613	23.73	3.34	$5,385
May 2002	0	2,238	24.66	3.58	$8,021
Apr 2002	0	2,243	23.65	3.51	$7,878
Mar 2002	0	2,305	22.00	3.10	$7,152
Feb 2002	0	1,484	18.22	2.38	$3,526
Jan 2002	0	2,393	17.17	2.38	$5,685
Dec 2001	0	2,128	16.93	2.36	$5,031
Nov 2001	0	1,957	18.07	2.41	$4,708
Oct 2001	0	1,824	19.78	2.53	$4,613
Sep 2001	0	1,652	24.26	2.25	$3,719
Aug 2001	0	2,074	24.87	3.05	$6,332
Jul 2001	0	2,183	23.93	3.20	$6,979
Jun 2001	0	2,256	24.56	3.82	$8,627
May 2001	0	2,138	25.52	4.31	$9,209
Apr 2001	0	1,654	24.68	5.34	$8,825
Mar 2001	0	1,732	24.54	5.38	$9,312
Feb 2001	0	929	27.75	5.77	$5,358
Jan 2001	0	291	27.47	8.40	$2,444
Dec 2000	0	1,184	26.88	9.12	$10,801
Nov 2000	0	1,409	32.21	5.66	$7,972
Oct 2000	0	1,881	31.23	5.15	$9,679
Sep 2000	0	1,397	31.87	5.19	$7,246
Aug 2000	139	1,462	29.64	4.54	$10,759
Jul 2000	0	1,091	28.53	4.09	$4,462
Jun 2000	0	764	29.30	4.40	$3,360
May 2000	1	938	27.26	3.68	$3,479
Apr 2000	0	1,214	24.51	3.12	$3,783
Mar 2000	1	1,521	28.42	2.86	$4,378
Feb 2000	0	1,644	27.62	2.73	$4,482
Jan 2000	0	1,524	25.27	2.48	$3,780
Dec 1999	0	1,401	24.28	2.42	$3,396
Nov 1999	2	1,336	23.19	2.43	$3,298
Oct 1999	1	1,956	20.98	2.80	$5,505
Sep 1999	1	2,234	21.75	2.62	$5,872
Aug 1999	0	2,126	19.26	2.88	$6,114
Jul 1999	0	1,831	17.89	2.37	$4,344
Jun 1999	0	1,894	15.94	2.36	$4,474
May 1999	2	2,208	15.79	2.32	$5,156
Apr 1999	0	1,969	15.10	2.21	$4,348
Mar 1999	0	1,961	12.47	1.84	$3,605
Feb 1999	0	1,623	9.98	1.82	$2,950
Jan 1999	0	2,513	10.38	1.90	$4,775
Dec 1998	0	1,961	9.20	1.77	$3,477
Nov 1998	0	2,081	10.89	2.19	$4,548
Oct 1998	0	1,993	12.42	1.97	$3,925
Sep 1998	0	1,828	12.59	2.08	$3,807
Aug 1998	0	1,921	11.30	1.91	$3,664
Jul 1998	168	2,207	11.74	2.24	$6,910
Jun 1998	0	1,948	11.24	2.24	$4,358
May 1998	0	2,206	12.62	2.21	$4,867
Apr 1998	0	2,076	13.04	2.51	$5,201
Mar 1998	1	1,800	12.80	2.31	$4,170
Feb 1998	0	1,722	13.95	2.30	$3,959
Jan 1998	0	2,018	14.70	2.15	$4,348
Dec 1997	0	2,665	16.32	2.41	$6,426
Nov 1997	0	1,980	18.19	3.09	$6,115
Oct 1997	0	2,543	19.25	3.15	$8,010
Sep 1997	0	2,571	17.74	2.95	$7,597
Aug 1997	0	2,699	17.86	2.55	$6,895
Jul 1997	0	2,410	17.58	2.25	$5,415
Jun 1997	0	2,521	17.24	2.26	$5,690
May 1997	0	2,620	18.97	2.31	$6,048
Apr 1997	0	2,604	17.88	2.08	$5,424
Mar 1997	0	2,828	18.95	1.94	$5,484
Feb 1997	0	2,094	20.49	2.21	$4,619
Jan 1997	0	2,864	23.48	3.54	$10,138
Dec 1996	0	3,241	23.32	—	$0
Nov 1996	0	2,803	21.97	—	$0
Oct 1996	0	2,836	23.31	—	$0
Sep 1996	0	2,934	22.22	—	$0
Aug 1996	0	3,161	20.26	—	$0
Jul 1996	0	3,244	19.55	—	$0
Jun 1996	0	2,982	18.73	—	$0
May 1996	0	3,121	19.43	—	$0
Apr 1996	0	3,320	21.51	—	$0
Mar 1996	0	2,892	19.38	—	$0
Feb 1996	178	3,186	16.98	—	$3,022
Jan 1996	0	3,635	17.07	—	$0
Dec 1995	0	4,682	17.19	—	$0
Nov 1995	0	2,067	16.00	—	$0
Oct 1995	0	2,030	15.43	—	$0
Sep 1995	0	1,580	16.18	—	$0
Aug 1995	0	2,046	15.92	—	$0
Jul 1995	0	2,441	15.24	—	$0
Jun 1995	0	2,358	16.41	—	$0
May 1995	0	2,192	17.56	—	$0
Apr 1995	0	2,249	17.73	—	$0
Mar 1995	0	2,664	16.44	—	$0
Feb 1995	0	2,414	16.58	—	$0
Jan 1995	0	2,835	15.92	—	$0
Dec 1994	0	2,525	15.03	—	$0
Nov 1994	0	2,147	15.90	—	$0
Oct 1994	0	2,209	15.58	—	$0
Sep 1994	0	2,605	15.29	—	$0
Aug 1994	0	2,654	16.13	—	$0
Jul 1994	0	2,676	17.56	—	$0
Jun 1994	0	2,584	17.09	—	$0
May 1994	0	2,740	15.88	—	$0
Apr 1994	0	2,498	14.14	—	$0
Mar 1994	181	2,281	12.46	—	$2,255
Feb 1994	0	2,202	12.50	—	$0
Jan 1994	0	2,367	12.66	—	$0
Dec 1993	0	2,166	12.33	—	$0
Nov 1993	0	2,090	14.49	—	$0
Oct 1993	0	2,893	15.85	—	$0
Sep 1993	0	3,587	15.03	—	$0
Aug 1993	0	616	15.66	—	$0
Jul 1993	0	2,282	15.46	—	$0
Jun 1993	0	2,002	16.79	—	$0
May 1993	0	2,451	17.68	—	$0
Apr 1993	0	2,094	18.05	—	$0
Mar 1993	0	2,557	18.14	—	$0
Feb 1993	0	2,270	17.90	—	$0
Jan 1993	0	2,584	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.

Feb 2014 — as filed, then multipliedworked

Condensate            48 bbl  × $ 97.40 =     $4,675
Gas                    0 Mcf  × $  6.19 =         $0

────────────────────────────────────────────────────
Month total                                   $4,675

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. 06/G/130158 is the state's own key, not one this site invented.