PETREE, GRADY

Operated by OAKTREE OIL COMPANY (P-5 617353) in the SHACKELFORD COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 17919District 7BField 82522001OilCasinghead gasSaveExport
Value, all time
$892 k
Jan 1993 – May 2026
Value, last 12 filed months
$26 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead 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 1,335 leases and 6,064 wells, and the rule below applies to all of them.

Discovered
1913-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: CLASS 4 W/DAILY 82 = 6000 TO 8000'

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
OilDisposition21,655 bbl$890,499
Casinghead gasProduction257 Mcf$1,010
Total$891,509

48 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 (16)

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 32.5615, -99.3064. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.56210, -99.30614 · 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
37.5%
6 of 16 wells
With a plug date
37.5%
6 of 16 wells
Median depth
860 ft
16 wells filed one
Completion to plug
18.3 years
median over 5 wells

What the state filed about each well

On the RRC proration schedule
637.5%
A plug date is filed
637.5%
BothOn the schedule and plugged. Neither fact cancels the other.
637.5%
NeitherNo plug date, and not on the schedule.
1062.5%

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

Total depth in feet, 16 of 16 wells. Median 860 ft, with the middle half between 718 and 896 ft; the shallowest is 702 ft and the deepest 1,000 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 16 of 16 wells, Nov 1981 – Sep 2010. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Nov 1981 – Sep 2010
16 of 16 wells
Plug dates filed
May 1993 – Aug 2010
6 of 16 wells; 10 filed none

Last completion to plug: a median of 18.3 years across the 5 wells that filed both dates, with the middle half between 12.3 years and 27.7 years. A further 1 well is excluded, because the last completion the Commission holds for it is dated after the plug date. Both dates are the latest of their kind on the wellbore record and they are filed separately, so the two need not run in order. The gap is the distance between two filed dates — it is not a statement of how long the well produced.

16 wells

42-4173431720705 ftSep 2010May 1993Yes
42-4173801819880 ftApr 1998Aug 2010Yes
42-4173767218860 ftMar 1994
42-417343162860 ftApr 1992Aug 2010Yes
42-4173748917880 ftApr 1992
42-4173737713952 ftSep 1991
42-4173746216915 ftJan 1991
42-4173745714860 ftJan 1991
42-417840925719 ftOct 1990
42-417356298710 ftApr 1990May 1993Yes
42-4173723410945 ftApr 1990
42-41737374121,000 ftApr 1990
42-417841837890 ftMay 1983
42-417348426715 ftDec 1982Aug 2010Yes
42-417344844725 ftApr 1982
42-417341271702 ftNov 1981Aug 2010Yes

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 2026178089.753.15$15,976
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 2025160062.743.08$10,038
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 2025141060.553.23$8,538
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 2025136074.324.28$10,108
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 2024154069.612.36$10,720
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 2024154078.812.20$12,137
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 2024160073.023.30$11,683
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 2023158080.522.67$12,722
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 2023161078.122.24$12,577
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 2023161076.533.39$12,321
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 20221650101.587.54$16,761
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 20221610108.885.08$17,530
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 2021161079.795.71$12,846
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 2021161069.493.38$11,188
May 2021161063.483.02$10,220
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 2020135049.881.98$6,734
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
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 20190058.482.74$0
Apr 20190062.632.75$0
Mar 2019160056.803.06$9,088
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 20180059.403.07$0
Jul 20180065.142.93$0
Jun 2018159060.183.08$9,569
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 2018165061.782.77$10,194
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 2017161045.373.00$7,305
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 2017160050.452.95$8,072
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 2016157041.622.92$6,534
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 2015163032.362.00$5,275
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 2015160048.152.95$7,704
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 2015162042.892.93$6,948
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 2014164086.164.05$14,130
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 2014161198.164.74$15,809
May 20140194.734.73$5
Apr 20140195.944.81$5
Mar 2014166195.895.06$15,923
Feb 20140197.406.19$6
Jan 20140190.404.86$5
Dec 20130191.824.35$4
Nov 20130188.853.74$4
Oct 2013163197.423.78$15,883
Sep 201301104.113.72$4
Aug 201301104.253.52$4
Jul 20131631102.523.72$16,714
Jun 20130194.403.93$4
May 20130194.834.15$4
Apr 2013163193.964.28$15,320
Mar 20130193.623.91$4
Feb 20130191.233.42$3
Jan 2013164191.603.42$15,026
Dec 20120186.773.42$3
Nov 20120186.953.62$4
Oct 20120189.383.40$3
Sep 20120194.672.92$3
Aug 20120192.662.91$3
Jul 20120185.133.02$3
Jun 20120179.822.52$3
May 20120191.612.49$2
Apr 20121621101.652.00$16,469
Mar 201201105.052.22$2
Feb 201201101.102.57$3
Jan 20120198.092.73$3
Dec 20110196.873.24$3
Nov 20110195.723.31$3
Oct 2011162184.983.65$13,770
Sep 20110183.623.99$4
Aug 20110183.404.15$4
Jul 20110194.144.52$5
Jun 20110192.904.64$5
May 20110198.134.40$4
Apr 20111631105.964.33$17,276
Mar 20110196.364.06$4
Feb 20110185.644.18$4
Jan 20110186.504.59$5
Dec 20100185.734.35$4
Nov 2010157180.843.80$12,696
Oct 20100178.103.51$4
Sep 20100172.633.98$4
Aug 20100173.684.42$4
Jul 2010162172.554.74$11,758
Jun 20100170.364.91$5
May 20100171.124.24$4
Apr 20100181.694.12$4
Mar 2010165178.394.39$12,939
Feb 20100173.585.44$5
Jan 20100174.365.96$6
Dec 20090171.445.48$5
Nov 20090174.593.75$4
Oct 2009164172.544.11$11,901
Sep 20090165.543.06$3
Aug 20090167.423.22$3
Jul 20090161.133.46$3
Jun 2009163166.163.90$10,788
May 20090154.743.93$4
Apr 20090146.773.59$4
Mar 2009163142.144.06$6,873
Feb 20090132.814.63$5
Jan 20090135.865.37$5
Dec 20080137.105.98$6
Nov 20080055.496.86$0
Oct 20080175.246.92$7
Sep 20081631101.767.88$16,595
Aug 200801114.228.48$8
Jul 200801131.0811.39$11
Jun 200801131.3313.03$13
May 20081621123.1711.57$19,965
Apr 200801110.3110.45$10
Mar 200801101.909.66$10
Feb 20080192.538.77$9
Jan 2008164190.388.21$14,831
Dec 20070188.337.30$7
Nov 20070191.677.29$7
Oct 20070182.856.92$7
Sep 2007163175.846.24$12,368
Aug 20070169.066.39$6
Jul 20070170.906.39$6
Jun 20070162.007.55$8
May 2007164158.747.85$9,641
Apr 20070159.617.81$8
Mar 20070156.927.30$7
Feb 20070155.108.22$8
Jan 20070150.306.73$7
Dec 2006164156.656.92$9,298
Nov 20060154.207.62$8
Oct 20060154.906.01$6
Sep 20060160.085.04$5
Aug 20060168.717.34$7
Jul 20060169.376.34$6
Jun 2006165166.286.38$10,943
May 20060166.016.42$6
Apr 20060164.397.36$7
Mar 2006164156.707.08$9,306
Feb 20060157.597.75$8
Jan 20060160.598.93$9
Dec 20050154.9413.42$13
Nov 2005164154.6910.59$8,980
Oct 20050158.3413.80$14
Sep 2005164161.4512.08$10,090
Aug 20050161.519.80$10
Jul 20050155.697.84$8
Jun 20050152.337.38$7
May 2005164145.226.65$7,423
Apr 20050149.207.36$7
Mar 2005163150.377.15$8,217
Feb 20050145.226.31$6
Jan 20050143.166.32$6
Dec 20040139.866.75$7
Nov 20040145.286.33$6
Oct 2004166149.706.52$8,257
Sep 20040143.245.28$5
Aug 20040142.375.55$6
Jul 2004164138.286.08$6,284
Jun 20040136.106.43$6
May 2004166137.486.49$6,228
Apr 20040134.475.86$6
Mar 2004163134.365.53$5,606
Feb 20040132.455.51$6
Jan 2004164132.036.30$5,259
Dec 20030130.266.30$6
Nov 2003163128.804.60$4,699
Oct 20030128.174.76$5
Sep 20030126.314.75$5
Aug 2003166129.765.13$4,945
Jul 20030129.415.17$5
Jun 2003160128.565.98$4,576
May 20030126.595.97$6
Apr 2003165126.675.41$4,406
Mar 2003163131.146.10$5,082
Feb 20030133.487.93$8
Jan 20030130.315.58$6
Dec 2002164126.914.85$4,418
Nov 20020124.664.14$4
Oct 20020126.464.23$4
Sep 20020127.443.64$4
Aug 20020125.963.16$3
Jul 20020124.583.06$3
Jun 2002160123.733.34$3,800
May 20020124.663.58$4
Apr 2002165123.653.51$3,906
Mar 2002164122.003.10$3,611
Feb 20020118.222.38$2
Jan 2002163117.172.38$2,801
Dec 20010116.932.36$2
Nov 20010118.072.41$2
Oct 20010119.782.53$3
Sep 20010124.262.25$2
Aug 2001165124.873.05$4,107
Jul 20010123.933.20$3
Jun 20010124.563.82$4
May 2001161125.524.31$4,113
Apr 20010124.685.34$5
Mar 2001166124.545.38$4,079
Feb 2001165127.755.77$4,585
Jan 20010127.478.40$8
Dec 20000126.889.12$9
Nov 20000132.215.66$6
Oct 20000131.235.15$5
Sep 20000131.875.19$5
Aug 20000129.644.54$5
Jul 2000164128.534.09$4,683
Jun 2000163129.304.40$4,780
May 20000127.263.68$4
Apr 2000164124.513.12$4,023
Mar 20000128.422.86$3
Feb 2000163127.622.73$4,505
Jan 2000157125.272.48$3,970
Dec 1999162124.282.42$3,936
Nov 19990123.192.43$2
Oct 19990120.982.80$3
Sep 1999161121.752.62$3,504
Aug 19990119.262.88$3
Jul 1999160117.892.37$2,865
Jun 19990115.942.36$2
May 1999162115.792.32$2,560
Apr 19990115.102.21$2
Mar 19990112.471.84$2
Feb 1999019.981.82$2
Jan 19990110.381.90$2
Dec 1998019.201.77$2
Nov 19980110.892.19$2
Oct 19980112.421.97$2
Sep 19980112.592.08$2
Aug 19980111.301.91$2
Jul 1998154111.742.24$1,810
Jun 19980111.242.24$2
May 19980112.622.21$2
Apr 1998326113.042.51$4,254
Mar 19980112.802.31$2
Feb 1998162113.952.30$2,262
Jan 19980114.702.15$2
Dec 19970116.322.41$2
Nov 1997166118.193.09$3,023
Oct 19970119.253.15$3
Sep 1997157117.742.95$2,788
Aug 19970117.862.55$3
Jul 19970117.582.25$2
Jun 19970117.242.26$2
May 1997159118.972.31$3,019
Apr 19970117.882.08$2
Mar 19970118.951.94$2
Feb 19970120.492.21$2
Jan 19970123.483.54$4
Dec 1996118123.32$2,752
Nov 1996163121.97$3,581
Oct 19960123.31$0
Sep 1996162122.22$3,600
Aug 1996160120.26$3,242
Jul 19960119.55$0
Jun 1996163118.73$3,053
May 1996160119.43$3,109
Apr 1996162121.51$3,485
Mar 1996159119.38$3,081
Feb 1996164116.98$2,785
Jan 19960117.07$0
Dec 1995163117.19$2,802
Nov 1995160116.00$2,560
Oct 1995162115.43$2,500
Sep 19950116.18$0
Aug 1995161115.92$2,563
Jul 1995163115.24$2,484
Jun 1995162116.41$2,658
May 1995165117.56$2,897
Apr 1995162117.73$2,872
Mar 1995161116.44$2,647
Feb 1995162116.58$2,686
Jan 1995165115.92$2,627
Dec 1994164115.03$2,465
Nov 1994163115.90$2,592
Oct 1994164115.58$2,555
Sep 1994161115.29$2,462
Aug 1994162116.13$2,613
Jul 1994162117.56$2,845
Jun 1994162117.09$2,769
May 1994326115.88$5,177
Apr 1994161114.14$2,277
Mar 1994207112.46$2,579
Feb 1994162112.50$2,025
Jan 1994162112.66$2,051
Dec 1993152112.33$1,874
Nov 1993161114.49$2,333
Oct 1993162115.85$2,568
Sep 1993162115.03$2,435
Aug 1993160115.66$2,506
Jul 1993157115.46$2,427
Jun 1993161116.79$2,703
May 1993161117.68$2,846
Apr 1993167118.05$3,014
Mar 1993160118.14$2,902
Feb 1993162117.90$2,900
Jan 1993321116.93$5,435

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.

Mar 2026 — as filed, then multipliedworked
Oil                  178 bbl  × $ 89.75 =    $15,976
Casinghead gas         0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                  $15,976

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/O/17919 is the state's own key, not one this site invented.