GATES RANCH B 1996

Name: GATES RANCH B 1996 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by WHITE OAK OPERATING COMPANY LLC (P-5 916954) in the CATARINA, SW. (SAN MIGUEL-GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 114013District 01Field 16340900CondensateGasSave Export

Value, all time

$1.8 M

Jan 1993 – Dec 2016

Value, last 12 filed months

at the published price for each month

Months reported

288

no gaps in the span

Streams

condensate, gas

The CATARINA, SW. (SAN MIGUEL-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 120 leases and 120 wells, and the rule below applies to all of them.

Discovered

1978-05-01

as the register files it

Field class

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 1979-05-21.

The Commission's schedule remark for this field reads: “KERNS O&G, INC. EFFECTIVE APRIL 1, 1997.”

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	1,588 bbl	$114,642
Gas	Production	499,877 Mcf	$1,692,089
Total			$1,806,731

152,704 Mcf of this lease's gas, across 46 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.

Every month this lease reported (288)

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

288 months


Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	3	0	89.39	4.04	$268
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	27	0	94.83	4.15	$2,560
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	12	89.38	3.40	$41
Sep 2012	0	22	94.67	2.92	$64
Aug 2012	0	239	92.66	2.91	$695
Jul 2012	0	293	85.13	3.02	$885
Jun 2012	15	544	79.82	2.52	$2,568
May 2012	66	370	91.61	2.49	$6,967
Apr 2012	0	401	101.65	2.00	$801
Mar 2012	0	460	105.05	2.22	$1,022
Feb 2012	11	1,635	101.10	2.57	$5,314
Jan 2012	0	1,726	98.09	2.73	$4,719
Dec 2011	0	1,148	96.87	3.24	$3,719
Nov 2011	0	1,281	95.72	3.31	$4,242
Oct 2011	0	1,278	84.98	3.65	$4,663
Sep 2011	46	1,317	83.62	3.99	$9,096
Aug 2011	0	1,808	83.40	4.15	$7,502
Jul 2011	26	1,838	94.14	4.52	$10,750
Jun 2011	2	765	92.90	4.64	$3,735
May 2011	0	1,832	98.13	4.40	$8,070
Apr 2011	0	1,393	105.96	4.33	$6,036
Mar 2011	0	1,893	96.36	4.06	$7,681
Feb 2011	0	1,205	85.64	4.18	$5,037
Jan 2011	0	957	86.50	4.59	$4,391
Dec 2010	77	1,696	85.73	4.35	$13,975
Nov 2010	0	569	80.84	3.80	$2,160
Oct 2010	0	558	78.10	3.51	$1,958
Sep 2010	0	913	72.63	3.98	$3,633
Aug 2010	75	729	73.68	4.42	$8,748
Jul 2010	0	191	72.55	4.74	$905
Jun 2010	0	733	70.36	4.91	$3,599
May 2010	113	922	71.12	4.24	$11,941
Apr 2010	0	1,372	81.69	4.12	$5,656
Mar 2010	0	1,261	78.39	4.39	$5,534
Feb 2010	0	1,148	73.58	5.44	$6,248
Jan 2010	142	1,005	74.36	5.96	$16,553
Dec 2009	0	937	71.44	5.48	$5,138
Nov 2009	0	733	74.59	3.75	$2,750
Oct 2009	0	983	72.54	4.11	$4,040
Sep 2009	0	862	65.54	3.06	$2,642
Aug 2009	36	730	67.42	3.22	$4,777
Jul 2009	0	875	61.13	3.46	$3,031
Jun 2009	0	1,009	66.16	3.90	$3,930
May 2009	23	876	54.74	3.93	$4,698
Apr 2009	0	911	46.77	3.59	$3,268
Mar 2009	14	1,059	42.14	4.06	$4,888
Feb 2009	0	776	32.81	4.63	$3,595
Jan 2009	0	1,140	35.86	5.37	$6,123
Dec 2008	10	1,891	37.10	5.98	$11,674
Nov 2008	0	1,480	55.49	6.86	$10,153
Oct 2008	0	1,829	75.24	6.92	$12,660
Sep 2008	16	1,409	101.76	7.88	$12,727
Aug 2008	27	1,741	114.22	8.48	$17,853
Jul 2008	0	1,293	131.08	11.39	$14,727
Jun 2008	0	1,002	131.33	13.03	$13,059
May 2008	20	1,317	123.17	11.57	$17,707
Apr 2008	19	1,170	110.31	10.45	$14,328
Mar 2008	19	957	101.90	9.66	$11,185
Feb 2008	21	951	92.53	8.77	$10,284
Jan 2008	0	1,181	90.38	8.21	$9,691
Dec 2007	26	1,402	88.33	7.30	$12,534
Nov 2007	24	1,675	91.67	7.29	$14,414
Oct 2007	23	1,269	82.85	6.92	$10,690
Sep 2007	0	1,612	75.84	6.24	$10,066
Aug 2007	21	1,611	69.06	6.39	$11,741
Jul 2007	19	1,891	70.90	6.39	$13,427
Jun 2007	20	1,392	62.00	7.55	$11,747
May 2007	20	1,773	58.74	7.85	$15,086
Apr 2007	21	1,868	59.61	7.81	$15,832
Mar 2007	23	1,698	56.92	7.30	$13,708
Feb 2007	28	1,682	55.10	8.22	$15,362
Jan 2007	44	1,429	50.30	6.73	$11,826
Dec 2006	55	1,685	56.65	6.92	$14,773
Nov 2006	59	1,819	54.20	7.62	$17,054
Oct 2006	63	1,860	54.90	6.01	$14,644
Sep 2006	62	2,115	60.08	5.04	$14,379
Aug 2006	0	2,042	68.71	7.34	$14,988
Jul 2006	63	2,278	69.37	6.34	$18,819
Jun 2006	68	3,200	66.28	6.38	$24,935
May 2006	42	1,235	66.01	6.42	$10,707
Apr 2006	39	1,176	64.39	7.36	$11,167
Mar 2006	28	1,736	56.70	7.08	$13,884
Feb 2006	18	1,490	57.59	7.75	$12,586
Jan 2006	0	2,180	60.59	8.93	$19,475
Dec 2005	0	2,043	54.94	13.42	$27,408
Nov 2005	0	2,818	54.69	10.59	$29,838
Oct 2005	0	2,464	58.34	13.80	$33,993
Sep 2005	0	2,398	61.45	12.08	$28,965
Aug 2005	0	2,456	61.51	9.80	$24,061
Jul 2005	0	2,119	55.69	7.84	$16,621
Jun 2005	0	2,120	52.33	7.38	$15,648
May 2005	0	2,426	45.22	6.65	$16,136
Apr 2005	0	2,400	49.20	7.36	$17,665
Mar 2005	0	2,138	50.37	7.15	$15,297
Feb 2005	0	2,078	45.22	6.31	$13,116
Jan 2005	0	1,888	43.16	6.32	$11,936
Dec 2004	0	2,221	39.86	6.75	$14,994
Nov 2004	0	2,212	45.28	6.33	$14,003
Oct 2004	0	2,337	49.70	6.52	$15,226
Sep 2004	0	1,827	43.24	5.28	$9,654
Aug 2004	0	2,230	42.37	5.55	$12,378
Jul 2004	0	2,659	38.28	6.08	$16,178
Jun 2004	0	2,584	36.10	6.43	$16,623
May 2004	0	2,276	37.48	6.49	$14,782
Apr 2004	0	2,170	34.47	5.86	$12,713
Mar 2004	0	2,266	34.36	5.53	$12,531
Feb 2004	0	2,387	32.45	5.51	$13,151
Jan 2004	0	2,177	32.03	6.30	$13,714
Dec 2003	0	1,974	30.26	6.30	$12,439
Nov 2003	0	2,088	28.80	4.60	$9,595
Oct 2003	0	2,648	28.17	4.76	$12,604
Sep 2003	0	2,398	26.31	4.75	$11,389
Aug 2003	0	2,240	29.76	5.13	$11,491
Jul 2003	0	2,521	29.41	5.17	$13,036
Jun 2003	0	2,258	28.56	5.98	$13,510
May 2003	0	2,202	26.59	5.97	$13,152
Apr 2003	0	1,835	26.67	5.41	$9,922
Mar 2003	0	2,103	31.14	6.10	$12,820
Feb 2003	0	1,946	33.48	7.93	$15,424
Jan 2003	0	1,946	30.31	5.58	$10,863
Dec 2002	0	1,601	26.91	4.85	$7,771
Nov 2002	0	2,085	24.66	4.14	$8,626
Oct 2002	0	2,084	26.46	4.23	$8,813
Sep 2002	0	2,792	27.44	3.64	$10,149
Aug 2002	0	2,364	25.96	3.16	$7,480
Jul 2002	0	2,536	24.58	3.06	$7,765
Jun 2002	0	2,487	23.73	3.34	$8,302
May 2002	0	2,688	24.66	3.58	$9,634
Apr 2002	0	2,582	23.65	3.51	$9,069
Mar 2002	0	2,620	22.00	3.10	$8,129
Feb 2002	0	2,237	18.22	2.38	$5,314
Jan 2002	0	1,791	17.17	2.38	$4,255
Dec 2001	0	2,844	16.93	2.36	$6,724
Nov 2001	0	2,920	18.07	2.41	$7,024
Oct 2001	0	2,576	19.78	2.53	$6,514
Sep 2001	0	1,442	24.26	2.25	$3,246
Aug 2001	0	1,706	24.87	3.05	$5,209
Jul 2001	0	1,611	23.93	3.20	$5,151
Jun 2001	0	1,873	24.56	3.82	$7,163
May 2001	0	2,837	25.52	4.31	$12,220
Apr 2001	0	1,342	24.68	5.34	$7,160
Mar 2001	0	2,468	24.54	5.38	$13,269
Feb 2001	0	1,979	27.75	5.77	$11,413
Jan 2001	0	2,073	27.47	8.40	$17,411
Dec 2000	0	2,203	26.88	9.12	$20,097
Nov 2000	0	2,065	32.21	5.66	$11,684
Oct 2000	0	2,197	31.23	5.15	$11,305
Sep 2000	0	2,275	31.87	5.19	$11,799
Aug 2000	0	2,539	29.64	4.54	$11,529
Jul 2000	0	2,456	28.53	4.09	$10,044
Jun 2000	0	2,559	29.30	4.40	$11,253
May 2000	0	1,973	27.26	3.68	$7,260
Apr 2000	0	1,691	24.51	3.12	$5,269
Mar 2000	0	2,514	28.42	2.86	$7,189
Feb 2000	0	1,881	27.62	2.73	$5,129
Jan 2000	0	2,481	25.27	2.48	$6,154
Dec 1999	0	2,439	24.28	2.42	$5,911
Nov 1999	0	2,714	23.19	2.43	$6,606
Oct 1999	0	2,636	20.98	2.80	$7,391
Sep 1999	0	2,248	21.75	2.62	$5,887
Aug 1999	0	1,782	19.26	2.88	$5,124
Jul 1999	0	2,791	17.89	2.37	$6,621
Jun 1999	0	2,371	15.94	2.36	$5,601
May 1999	0	1,897	15.79	2.32	$4,403
Apr 1999	0	2,427	15.10	2.21	$5,359
Mar 1999	0	2,504	12.47	1.84	$4,603
Feb 1999	0	1,652	9.98	1.82	$3,003
Jan 1999	0	1,618	10.38	1.90	$3,074
Dec 1998	0	1,308	9.20	1.77	$2,320
Nov 1998	0	2,079	10.89	2.19	$4,544
Oct 1998	0	2,747	12.42	1.97	$5,409
Sep 1998	0	2,580	12.59	2.08	$5,373
Aug 1998	0	2,753	11.30	1.91	$5,251
Jul 1998	0	3,332	11.74	2.24	$7,455
Jun 1998	0	2,577	11.24	2.24	$5,765
May 1998	0	2,508	12.62	2.21	$5,534
Apr 1998	0	2,167	13.04	2.51	$5,429
Mar 1998	0	1,910	12.80	2.31	$4,411
Feb 1998	0	2,202	13.95	2.30	$5,063
Jan 1998	0	2,795	14.70	2.15	$6,023
Dec 1997	0	2,201	16.32	2.41	$5,307
Nov 1997	0	1,624	18.19	3.09	$5,015
Oct 1997	0	2,638	19.25	3.15	$8,309
Sep 1997	0	2,414	17.74	2.95	$7,133
Aug 1997	0	2,994	17.86	2.55	$7,649
Jul 1997	0	2,219	17.58	2.25	$4,986
Jun 1997	0	1,880	17.24	2.26	$4,244
May 1997	0	2,269	18.97	2.31	$5,238
Apr 1997	0	1,832	17.88	2.08	$3,816
Mar 1997	0	2,054	18.95	1.94	$3,983
Feb 1997	0	2,327	20.49	2.21	$5,133
Jan 1997	0	2,715	23.48	3.54	$9,610
Dec 1996	0	3,790	23.32	—	$0
Nov 1996	0	3,460	21.97	—	$0
Oct 1996	0	3,693	23.31	—	$0
Sep 1996	0	3,559	22.22	—	$0
Aug 1996	0	3,511	20.26	—	$0
Jul 1996	0	3,624	19.55	—	$0
Jun 1996	0	3,237	18.73	—	$0
May 1996	0	3,219	19.43	—	$0
Apr 1996	0	3,259	21.51	—	$0
Mar 1996	0	2,866	19.38	—	$0
Feb 1996	0	2,857	16.98	—	$0
Jan 1996	0	3,078	17.07	—	$0
Dec 1995	0	3,071	17.19	—	$0
Nov 1995	0	3,233	16.00	—	$0
Oct 1995	0	3,417	15.43	—	$0
Sep 1995	0	3,368	16.18	—	$0
Aug 1995	0	3,595	15.92	—	$0
Jul 1995	0	3,834	15.24	—	$0
Jun 1995	0	3,507	16.41	—	$0
May 1995	0	3,571	17.56	—	$0
Apr 1995	0	2,823	17.73	—	$0
Mar 1995	0	3,061	16.44	—	$0
Feb 1995	0	3,036	16.58	—	$0
Jan 1995	0	3,235	15.92	—	$0
Dec 1994	0	3,067	15.03	—	$0
Nov 1994	0	3,056	15.90	—	$0
Oct 1994	0	3,255	15.58	—	$0
Sep 1994	0	3,305	15.29	—	$0
Aug 1994	0	3,694	16.13	—	$0
Jul 1994	0	3,627	17.56	—	$0
Jun 1994	0	3,192	17.09	—	$0
May 1994	0	3,251	15.88	—	$0
Apr 1994	0	3,270	14.14	—	$0
Mar 1994	0	3,474	12.46	—	$0
Feb 1994	0	3,204	12.50	—	$0
Jan 1994	0	3,547	12.66	—	$0
Dec 1993	0	3,447	12.33	—	$0
Nov 1993	0	3,573	14.49	—	$0
Oct 1993	0	3,972	15.85	—	$0
Sep 1993	0	1,622	15.03	—	$0
Aug 1993	0	2,967	15.66	—	$0
Jul 1993	1	3,257	15.46	—	$15
Jun 1993	0	3,116	16.79	—	$0
May 1993	1	3,612	17.68	—	$18
Apr 1993	2	3,363	18.05	—	$36
Mar 1993	2	0	18.14	—	$36
Feb 1993	3	0	17.90	—	$54
Jan 1993	5	3,929	16.93	—	$85

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.

Aug 2014 — as filed, then multipliedworked

Condensate             3 bbl  × $ 89.39 =       $268
Gas                    0 Mcf  × $  4.04 =         $0

────────────────────────────────────────────────────
Month total                                     $268

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. 01/G/114013 is the state's own key, not one this site invented.