Given that you can buy balls that have different "distance" ratings, I'm sure you would be disappointed if you paid for the best balls to give the maximum distance (distance rating = 5.5) - and they went the exact same distance as the cheap balls (distance rating = 0).
So the quality of your equipment combines with the backspin you apply to the ball - to give a distance profile for each club (excluding wind and assuming you hit the DING).
The 150 yds you see the club rated at is only a guide. It's up to you to work out how far it goes with varying (wind, spin, power, and how close to the Ding you hit). Some people deliberately miss the Ding slightly into the wind to control the shape of the shot better.
Take your clubs and ball out onto Congressional for a practice round, and hit the ball up and down Fairway #1 to get some distances dialled in.
Good Luck & Happy Hacking
Neil (The Hakman)