PETTIT, W. C.

Operated by H&G PETROLEUM CORPORATION (P-5 341347) in the ENERGY (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 17674District 7BField 29082500NGPA filingCondensateGasSaveExport
Value, all time
$182 k
Jan 1993 – Nov 2019
Value, last 12 filed months
$575
at the published price for each month
Months reported
323
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 6 leases and 6 wells, and the rule below applies to all of them.

Discovered
1950-12-02
as the register files it
Field class
Gas
the register's own label
Between wells
1,600 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 160 acres.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 09/01/2000.

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
CondensateDisposition461 bbl$29,323
GasProduction44,531 Mcf$152,911
Total$182,235

9,749 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 31.7555, -98.3829. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.75551, -98.38288 · 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
2,761 ft
1 wells filed one
Completion to plug
62.3 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 2,761 ft.

Completions filed
Jul 1957
1 of 1 wells
Plug dates filed
Nov 2019
1 of 1 wells

Last completion to plug: a median of 62.3 years across the 1 well that filed both dates, with the middle half between 62.3 years and 62.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0930019512,761 ftJul 1957Nov 2019Yes

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 (323)

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

323 months

Nov 20193055.302.75$166
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20197058.482.74$409
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180159.403.07$3
Jul 20180165.142.93$3
Jun 20180160.183.08$3
May 201801265.382.90$35
Apr 20180563.842.90$15
Mar 201802061.222.79$56
Feb 201802861.782.77$77
Jan 2018142962.874.01$996
Dec 201705357.272.92$155
Nov 201705255.423.12$162
Oct 201704549.292.98$134
Sep 201704547.523.09$139
Aug 201705345.373.00$159
Jul 201708643.873.09$266
Jun 201704242.493.09$130
May 2017356245.373.26$1,790
Apr 2017010447.933.21$334
Mar 2017010146.772.98$301
Feb 2017010850.452.95$319
Jan 201704949.413.42$168
Dec 20160248.763.72$7
Nov 20160542.492.64$13
Oct 201601046.193.09$31
Sep 201601141.553.10$34
Aug 201602941.442.92$85
Jul 201604741.622.92$137
Jun 201604045.352.69$107
May 201605942.521.99$117
Apr 201604836.561.99$96
Mar 201606433.011.79$115
Feb 201608126.472.06$167
Jan 20160627.352.36$14
Dec 201507232.362.00$144
Nov 2015415038.792.17$1,699
Oct 201505743.552.43$138
Sep 201508442.992.76$232
Aug 201507340.162.87$210
Jul 201508048.152.95$236
Jun 201509356.152.88$268
May 201504855.212.96$142
Apr 201509349.822.71$252
Mar 201507442.892.93$217
Feb 201506644.662.98$196
Jan 2015425843.433.10$2,004
Dec 201409154.693.59$327
Nov 201409270.464.25$391
Oct 201406278.303.90$242
Sep 2014010086.164.05$405
Aug 2014015989.394.04$642
Jul 201407296.564.18$301
Jun 201406198.164.74$289
May 201408894.734.73$416
Apr 2014010795.944.81$515
Mar 2014415695.895.06$4,215
Feb 201404297.406.19$260
Jan 201406590.404.86$316
Dec 201301991.824.35$83
Nov 201308788.853.74$325
Oct 201306797.423.78$253
Sep 2013078104.113.72$290
Aug 2013070104.253.52$247
Jul 2013089102.523.72$331
Jun 201306994.403.93$271
May 201308394.834.15$344
Apr 201308193.964.28$347
Mar 201306293.623.91$243
Feb 201303491.233.42$116
Jan 201306991.603.42$236
Dec 201206286.773.42$212
Nov 2012434186.953.62$3,887
Oct 201207789.383.40$262
Sep 201208194.672.92$236
Aug 201208792.662.91$253
Jul 201208485.133.02$254
Jun 201208479.822.52$212
May 201208991.612.49$221
Apr 2012083101.652.00$166
Mar 2012077105.052.22$171
Feb 2012072101.102.57$185
Jan 201207298.092.73$197
Dec 2011449296.873.24$4,560
Nov 201108595.723.31$281
Oct 201102784.983.65$99
Sep 2011010383.623.99$411
Aug 2011010383.404.15$427
Jul 2011011894.144.52$533
Jun 201108992.904.64$413
May 2011013498.134.40$590
Apr 2011076105.964.33$329
Mar 201107596.364.06$304
Feb 201105985.644.18$247
Jan 201101486.504.59$64
Dec 2010010985.734.35$474
Nov 2010011080.843.80$417
Oct 201006578.103.51$228
Sep 201004272.633.98$167
Aug 2010010773.684.42$473
Jul 2010015272.554.74$720
Jun 2010010370.364.91$506
May 2010011771.124.24$496
Apr 2010015281.694.12$627
Mar 201008778.394.39$382
Feb 20100773.585.44$38
Jan 201004474.365.96$262
Dec 200902271.445.48$121
Nov 200909674.593.75$360
Oct 200908572.544.11$349
Sep 2009011365.543.06$346
Aug 20094910567.423.22$3,642
Jul 2009013561.133.46$468
Jun 2009010566.163.90$409
May 2009014254.743.93$557
Apr 2009010546.773.59$377
Mar 2009010142.144.06$410
Feb 200909432.814.63$436
Jan 200906735.865.37$360
Dec 200806537.105.98$389
Nov 200804755.496.86$322
Oct 200809475.246.92$651
Sep 2008072101.767.88$567
Aug 2008083114.228.48$704
Jul 20080113131.0811.39$1,287
Jun 20080106131.3313.03$1,381
May 20080120123.1711.57$1,389
Apr 20080125110.3110.45$1,307
Mar 2008086101.909.66$831
Feb 200809892.538.77$860
Jan 2008012090.388.21$985
Dec 2007012188.337.30$884
Nov 2007011991.677.29$868
Oct 2007013182.856.92$907
Sep 2007378475.846.24$3,331
Aug 2007011569.066.39$735
Jul 2007012170.906.39$773
Jun 2007012862.007.55$966
May 2007011558.747.85$902
Apr 2007011659.617.81$905
Mar 2007011756.927.30$854
Feb 2007012455.108.22$1,019
Jan 200707950.306.73$531
Dec 2006011956.656.92$823
Nov 2006012954.207.62$983
Oct 2006014754.906.01$884
Sep 20062715060.085.04$2,378
Aug 2006015168.717.34$1,108
Jul 2006015169.376.34$958
Jun 2006016166.286.38$1,028
May 2006017166.016.42$1,099
Apr 200602964.397.36$213
Mar 200603556.707.08$248
Feb 2006014357.597.75$1,108
Jan 2006015760.598.93$1,403
Dec 20050154.9413.42$13
Nov 2005019354.6910.59$2,044
Oct 2005016558.3413.80$2,276
Sep 2005015061.4512.08$1,812
Aug 2005015661.519.80$1,528
Jul 2005020355.697.84$1,592
Jun 200509852.337.38$723
May 20050245.226.65$13
Apr 20054017449.207.36$3,249
Mar 2005018250.377.15$1,302
Feb 2005021545.226.31$1,357
Jan 2005015943.166.32$1,005
Dec 2004019639.866.75$1,323
Nov 2004016145.286.33$1,019
Oct 2004018649.706.52$1,212
Sep 200402143.245.28$111
Aug 2004021342.375.55$1,182
Jul 2004010838.286.08$657
Jun 2004012636.106.43$811
May 2004020237.486.49$1,312
Apr 2004023134.475.86$1,353
Mar 2004021034.365.53$1,161
Feb 20043815932.455.51$2,109
Jan 2004016832.036.30$1,058
Dec 2003019630.266.30$1,235
Nov 200308228.804.60$377
Oct 200301028.174.76$48
Sep 2003023826.314.75$1,130
Aug 2003027929.765.13$1,431
Jul 2003026029.415.17$1,344
Jun 2003026128.565.98$1,562
May 2003024526.595.97$1,463
Apr 2003021526.675.41$1,163
Mar 2003024931.146.10$1,518
Feb 2003018633.487.93$1,474
Jan 2003017130.315.58$955
Dec 2002025326.914.85$1,228
Nov 2002019624.664.14$811
Oct 2002025226.464.23$1,066
Sep 2002022527.443.64$818
Aug 2002020525.963.16$649
Jul 2002019724.583.06$603
Jun 2002024523.733.34$818
May 2002018924.663.58$677
Apr 2002020623.653.51$724
Mar 2002012922.003.10$400
Feb 2002019818.222.38$470
Jan 2002022917.172.38$544
Dec 2001024616.932.36$582
Nov 2001024218.072.41$582
Oct 2001024519.782.53$620
Sep 200109524.262.25$214
Aug 2001015524.873.05$473
Jul 2001027023.933.20$863
Jun 2001021124.563.82$807
May 2001019725.524.31$849
Apr 2001020924.685.34$1,115
Mar 2001020024.545.38$1,075
Feb 2001016227.755.77$934
Jan 2001021927.478.40$1,839
Dec 2000017526.889.12$1,596
Nov 2000024832.215.66$1,403
Oct 2000028231.235.15$1,451
Sep 2000027431.875.19$1,421
Aug 2000025029.644.54$1,135
Jul 2000025628.534.09$1,047
Jun 2000022829.304.40$1,003
May 2000022427.263.68$824
Apr 2000022724.513.12$707
Mar 2000026728.422.86$764
Feb 2000028527.622.73$777
Jan 2000020325.272.48$504
Dec 1999026124.282.42$633
Nov 1999024723.192.43$601
Oct 1999024020.982.80$673
Sep 1999024821.752.62$649
Aug 1999027119.262.88$779
Jul 1999026017.892.37$617
Jun 1999027015.942.36$638
May 1999026715.792.32$620
Apr 1999021615.102.21$477
Mar 1999028112.471.84$517
Feb 199902639.981.82$478
Jan 1999023010.381.90$437
Dec 199802259.201.77$399
Nov 1998025110.892.19$549
Oct 1998023012.421.97$453
Sep 1998022812.592.08$475
Aug 1998026111.301.91$498
Jul 1998026211.742.24$586
Jun 1998026911.242.24$602
May 1998028112.622.21$620
Apr 1998025113.042.51$629
Mar 1998024912.802.31$575
Feb 1998022913.952.30$527
Jan 1998022414.702.15$483
Dec 1997017216.322.41$415
Nov 1997022718.193.09$701
Oct 1997020819.253.15$655
Sep 1997026217.742.95$774
Aug 1997022517.862.55$575
Jul 1997026917.582.25$604
Jun 1997025017.242.26$564
May 1997024718.972.31$570
Apr 1997027017.882.08$562
Mar 1997018118.951.94$351
Feb 1997016020.492.21$353
Jan 1997019123.483.54$676
Dec 1996019923.32$0
Nov 1996015221.97$0
Oct 1996011223.31$0
Sep 199605422.22$0
Aug 1996013020.26$0
Jul 1996016719.55$0
Jun 1996020418.73$0
May 1996021719.43$0
Apr 1996019021.51$0
Mar 1996022919.38$0
Feb 1996016716.98$0
Jan 1996021217.07$0
Dec 1995021917.19$0
Nov 1995022916.00$0
Oct 1995012515.43$0
Sep 1995017516.18$0
Aug 1995016515.92$0
Jul 1995017215.24$0
Jun 1995018416.41$0
May 1995019117.56$0
Apr 1995021017.73$0
Mar 1995023716.44$0
Feb 1995022516.58$0
Jan 1995019615.92$0
Dec 1994025115.03$0
Nov 1994024815.90$0
Oct 1994023915.58$0
Sep 1994018315.29$0
Aug 1994016016.13$0
Jul 1994020617.56$0
Jun 1994016617.09$0
May 1994024215.88$0
Apr 1994021214.14$0
Mar 1994022512.46$0
Feb 1994017012.50$0
Jan 1994017312.66$0
Dec 1993022812.33$0
Nov 1993020114.49$0
Oct 1993025915.85$0
Sep 1993018815.03$0
Aug 1993022215.66$0
Jul 1993023115.46$0
Jun 1993023216.79$0
May 1993028617.68$0
Apr 1993028418.05$0
Mar 1993030118.14$0
Feb 1993024417.90$0
Jan 1993023716.93$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.

Nov 2019 — as filed, then multipliedworked
Condensate             3 bbl  × $ 55.30 =       $166
Gas                    0 Mcf  × $  2.75 =         $0

────────────────────────────────────────────────────
Month total                                     $166

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. 7B/G/17674 is the state's own key, not one this site invented.