PETTY, T. F.

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

Operated by DEVON ENERGY OPERATING CO., L.P. (P-5 216730) in the BOONSVILLE (BEND CONGL., GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 136217District 09Field 105745202 tax incentive programmesCondensateGasSave Export

Value, all time

$141 k

Jan 1993 – Jun 2003

Value, last 12 filed months

at the published price for each month

Months reported

126

no gaps in the span

Streams

condensate, gas

The BOONSVILLE (BEND CONGL., GAS) 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 3,438 leases and 3,443 wells, and the rule below applies to all of them.

Discovered

1945-05-01

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 1991-06-10.

The Commission's schedule remark for this field reads: “AMOUNT HAD BEEN CALCULATED FOR 5/1/97.”

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
High Cost Gas	2	2	1996-02-13 – 2002-05-09	2 dockets
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	129 bbl	$2,081
Gas	Production	121,735 Mcf	$139,238
Total			$141,319

73,060 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 33.0652, -97.5901. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.06525, -97.59009 · 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

6,000 ft

1 wells filed one

Completion to plug

12.7 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 6,000 ft.

Completions filed

Oct 1990

1 of 1 wells

Plug dates filed

Jun 2003

1 of 1 wells

Last completion to plug: a median of 12.7 years across the 1 well that filed both dates, with the middle half between 12.7 years and 12.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-49733527	1	6,000 ft	Oct 1990	Jun 2003	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 (126)

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

126 months


Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	104	16.93	2.36	$246
Nov 2001	0	157	18.07	2.41	$378
Oct 2001	0	131	19.78	2.53	$331
Sep 2001	0	138	24.26	2.25	$311
Aug 2001	0	124	24.87	3.05	$379
Jul 2001	0	129	23.93	3.20	$412
Jun 2001	0	177	24.56	3.82	$677
May 2001	0	216	25.52	4.31	$930
Apr 2001	0	453	24.68	5.34	$2,417
Mar 2001	0	514	24.54	5.38	$2,763
Feb 2001	0	230	27.75	5.77	$1,326
Jan 2001	0	352	27.47	8.40	$2,956
Dec 2000	0	312	26.88	9.12	$2,846
Nov 2000	0	617	32.21	5.66	$3,491
Oct 2000	0	1,031	31.23	5.15	$5,305
Sep 2000	0	948	31.87	5.19	$4,917
Aug 2000	0	1,051	29.64	4.54	$4,772
Jul 2000	0	743	28.53	4.09	$3,039
Jun 2000	0	918	29.30	4.40	$4,037
May 2000	0	956	27.26	3.68	$3,518
Apr 2000	0	950	24.51	3.12	$2,960
Mar 2000	0	1,108	28.42	2.86	$3,169
Feb 2000	0	1,067	27.62	2.73	$2,909
Jan 2000	0	1,060	25.27	2.48	$2,629
Dec 1999	0	984	24.28	2.42	$2,385
Nov 1999	0	923	23.19	2.43	$2,247
Oct 1999	0	905	20.98	2.80	$2,537
Sep 1999	0	936	21.75	2.62	$2,451
Aug 1999	0	664	19.26	2.88	$1,909
Jul 1999	0	975	17.89	2.37	$2,313
Jun 1999	0	1,003	15.94	2.36	$2,369
May 1999	0	927	15.79	2.32	$2,152
Apr 1999	0	907	15.10	2.21	$2,003
Mar 1999	0	933	12.47	1.84	$1,715
Feb 1999	0	938	9.98	1.82	$1,705
Jan 1999	0	1,015	10.38	1.90	$1,928
Dec 1998	0	818	9.20	1.77	$1,451
Nov 1998	0	1,010	10.89	2.19	$2,208
Oct 1998	0	939	12.42	1.97	$1,849
Sep 1998	0	730	12.59	2.08	$1,520
Aug 1998	0	1,016	11.30	1.91	$1,938
Jul 1998	0	1,023	11.74	2.24	$2,289
Jun 1998	0	914	11.24	2.24	$2,045
May 1998	0	1,147	12.62	2.21	$2,531
Apr 1998	0	1,014	13.04	2.51	$2,540
Mar 1998	0	1,031	12.80	2.31	$2,381
Feb 1998	0	798	13.95	2.30	$1,835
Jan 1998	0	1,039	14.70	2.15	$2,239
Dec 1997	0	909	16.32	2.41	$2,192
Nov 1997	0	1,144	18.19	3.09	$3,533
Oct 1997	0	958	19.25	3.15	$3,018
Sep 1997	0	966	17.74	2.95	$2,854
Aug 1997	0	1,224	17.86	2.55	$3,127
Jul 1997	0	1,121	17.58	2.25	$2,519
Jun 1997	0	1,118	17.24	2.26	$2,524
May 1997	0	1,219	18.97	2.31	$2,814
Apr 1997	0	1,170	17.88	2.08	$2,437
Mar 1997	0	1,242	18.95	1.94	$2,408
Feb 1997	0	643	20.49	2.21	$1,418
Jan 1997	0	886	23.48	3.54	$3,136
Dec 1996	0	706	23.32	—	$0
Nov 1996	0	779	21.97	—	$0
Oct 1996	0	948	23.31	—	$0
Sep 1996	0	1,128	22.22	—	$0
Aug 1996	0	1,328	20.26	—	$0
Jul 1996	0	1,341	19.55	—	$0
Jun 1996	0	1,152	18.73	—	$0
May 1996	0	1,360	19.43	—	$0
Apr 1996	0	1,207	21.51	—	$0
Mar 1996	0	1,384	19.38	—	$0
Feb 1996	0	1,407	16.98	—	$0
Jan 1996	0	1,335	17.07	—	$0
Dec 1995	0	1,215	17.19	—	$0
Nov 1995	0	2,005	16.00	—	$0
Oct 1995	0	347	15.43	—	$0
Sep 1995	0	1,714	16.18	—	$0
Aug 1995	0	1,163	15.92	—	$0
Jul 1995	0	1,313	15.24	—	$0
Jun 1995	0	1,489	16.41	—	$0
May 1995	0	1,542	17.56	—	$0
Apr 1995	0	1,558	17.73	—	$0
Mar 1995	0	2,041	16.44	—	$0
Feb 1995	0	1,049	16.58	—	$0
Jan 1995	0	1,663	15.92	—	$0
Dec 1994	0	1,504	15.03	—	$0
Nov 1994	0	1,507	15.90	—	$0
Oct 1994	0	1,594	15.58	—	$0
Sep 1994	0	1,699	15.29	—	$0
Aug 1994	129	1,457	16.13	—	$2,081
Jul 1994	0	1,572	17.56	—	$0
Jun 1994	0	1,651	17.09	—	$0
May 1994	0	1,738	15.88	—	$0
Apr 1994	0	1,758	14.14	—	$0
Mar 1994	0	1,735	12.46	—	$0
Feb 1994	0	1,587	12.50	—	$0
Jan 1994	0	1,725	12.66	—	$0
Dec 1993	0	1,802	12.33	—	$0
Nov 1993	0	1,825	14.49	—	$0
Oct 1993	0	1,808	15.85	—	$0
Sep 1993	0	2,001	15.03	—	$0
Aug 1993	0	1,741	15.66	—	$0
Jul 1993	0	1,956	15.46	—	$0
Jun 1993	0	2,073	16.79	—	$0
May 1993	0	2,500	17.68	—	$0
Apr 1993	0	1,689	18.05	—	$0
Mar 1993	0	1,904	18.14	—	$0
Feb 1993	0	1,465	17.90	—	$0
Jan 1993	0	1,595	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.

Dec 2001 — as filed, then multipliedworked

Condensate             0 bbl  × $ 16.93 =         $0
Gas                  104 Mcf  × $  2.36 =       $246

────────────────────────────────────────────────────
Month total                                     $246

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. 09/G/136217 is the state's own key, not one this site invented.