GATES RANCH "K-G"

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

Operated by U. S. OPERATING, INC. (P-5 875431) in the CATARINA, SW. (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 120940District 01Field 16340500CondensateGasSave Export

Value, all time

$344 k

Jan 1993 – Oct 2015

Value, last 12 filed months

at the published price for each month

Months reported

274

no gaps in the span

Streams

condensate, gas

The CATARINA, SW. (OLMOS) 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 213 leases and 214 wells, and the rule below applies to all of them.

Discovered

1973-12-28

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 Commission's schedule remark for this field reads: “OPTIONAL 80 ACRE UNIT MAX DIAG 4000”

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	90 bbl	$1,801
Gas	Production	97,016 Mcf	$342,263
Total			$344,064

25,306 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 28.2346, -99.7643. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.23465, -99.76433 · 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

6,180 ft

1 wells filed one

Completion to plug

30.1 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 6,180 ft.

Completions filed

Sep 1985

1 of 1 wells

Plug dates filed

Oct 2015

1 of 1 wells

Last completion to plug: a median of 30.1 years across the 1 well that filed both dates, with the middle half between 30.1 years and 30.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-12732570	1207	6,180 ft	Sep 1985	Oct 2015	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 (274)

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

274 months


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	0	0	89.39	4.04	$0
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	4	95.89	5.06	$20
Feb 2014	0	28	97.40	6.19	$173
Jan 2014	0	17	90.40	4.86	$83
Dec 2013	0	68	91.82	4.35	$296
Nov 2013	0	15	88.85	3.74	$56
Oct 2013	0	28	97.42	3.78	$106
Sep 2013	0	30	104.11	3.72	$112
Aug 2013	0	34	104.25	3.52	$120
Jul 2013	0	26	102.52	3.72	$97
Jun 2013	0	36	94.40	3.93	$142
May 2013	0	65	94.83	4.15	$270
Apr 2013	0	108	93.96	4.28	$463
Mar 2013	0	255	93.62	3.91	$998
Feb 2013	0	82	91.23	3.42	$280
Jan 2013	0	373	91.60	3.42	$1,276
Dec 2012	0	353	86.77	3.42	$1,207
Nov 2012	0	310	86.95	3.62	$1,124
Oct 2012	0	204	89.38	3.40	$694
Sep 2012	0	212	94.67	2.92	$619
Aug 2012	0	134	92.66	2.91	$390
Jul 2012	0	180	85.13	3.02	$544
Jun 2012	0	134	79.82	2.52	$338
May 2012	0	139	91.61	2.49	$346
Apr 2012	0	209	101.65	2.00	$417
Mar 2012	0	173	105.05	2.22	$384
Feb 2012	0	61	101.10	2.57	$157
Jan 2012	1	117	98.09	2.73	$418
Dec 2011	0	279	96.87	3.24	$904
Nov 2011	0	232	95.72	3.31	$768
Oct 2011	0	158	84.98	3.65	$576
Sep 2011	0	280	83.62	3.99	$1,116
Aug 2011	0	134	83.40	4.15	$556
Jul 2011	0	30	94.14	4.52	$136
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	280	105.96	4.33	$1,213
Mar 2011	0	285	96.36	4.06	$1,156
Feb 2011	0	238	85.64	4.18	$995
Jan 2011	0	258	86.50	4.59	$1,184
Dec 2010	0	377	85.73	4.35	$1,639
Nov 2010	0	316	80.84	3.80	$1,199
Oct 2010	0	287	78.10	3.51	$1,007
Sep 2010	0	279	72.63	3.98	$1,110
Aug 2010	0	296	73.68	4.42	$1,308
Jul 2010	0	327	72.55	4.74	$1,549
Jun 2010	0	295	70.36	4.91	$1,449
May 2010	0	375	71.12	4.24	$1,588
Apr 2010	0	340	81.69	4.12	$1,402
Mar 2010	0	487	78.39	4.39	$2,137
Feb 2010	0	273	73.58	5.44	$1,486
Jan 2010	0	473	74.36	5.96	$2,821
Dec 2009	0	276	71.44	5.48	$1,514
Nov 2009	0	227	74.59	3.75	$852
Oct 2009	0	220	72.54	4.11	$904
Sep 2009	0	221	65.54	3.06	$677
Aug 2009	0	183	67.42	3.22	$589
Jul 2009	0	302	61.13	3.46	$1,046
Jun 2009	0	268	66.16	3.90	$1,044
May 2009	0	282	54.74	3.93	$1,107
Apr 2009	0	297	46.77	3.59	$1,065
Mar 2009	0	244	42.14	4.06	$990
Feb 2009	0	270	32.81	4.63	$1,251
Jan 2009	0	361	35.86	5.37	$1,939
Dec 2008	0	346	37.10	5.98	$2,068
Nov 2008	0	360	55.49	6.86	$2,470
Oct 2008	0	347	75.24	6.92	$2,402
Sep 2008	0	372	101.76	7.88	$2,930
Aug 2008	0	301	114.22	8.48	$2,553
Jul 2008	0	276	131.08	11.39	$3,143
Jun 2008	0	264	131.33	13.03	$3,441
May 2008	0	347	123.17	11.57	$4,016
Apr 2008	0	473	110.31	10.45	$4,945
Mar 2008	0	303	101.90	9.66	$2,928
Feb 2008	0	460	92.53	8.77	$4,034
Jan 2008	0	492	90.38	8.21	$4,037
Dec 2007	0	292	88.33	7.30	$2,132
Nov 2007	0	408	91.67	7.29	$2,975
Oct 2007	0	382	82.85	6.92	$2,644
Sep 2007	0	329	75.84	6.24	$2,054
Aug 2007	0	415	69.06	6.39	$2,651
Jul 2007	0	309	70.90	6.39	$1,974
Jun 2007	0	360	62.00	7.55	$2,717
May 2007	0	336	58.74	7.85	$2,636
Apr 2007	0	364	59.61	7.81	$2,841
Mar 2007	0	375	56.92	7.30	$2,738
Feb 2007	0	325	55.10	8.22	$2,670
Jan 2007	0	326	50.30	6.73	$2,193
Dec 2006	0	503	56.65	6.92	$3,480
Nov 2006	0	422	54.20	7.62	$3,215
Oct 2006	0	266	54.90	6.01	$1,600
Sep 2006	0	300	60.08	5.04	$1,511
Aug 2006	0	316	68.71	7.34	$2,319
Jul 2006	0	341	69.37	6.34	$2,163
Jun 2006	0	340	66.28	6.38	$2,171
May 2006	0	420	66.01	6.42	$2,699
Apr 2006	0	423	64.39	7.36	$3,113
Mar 2006	0	342	56.70	7.08	$2,422
Feb 2006	0	373	57.59	7.75	$2,891
Jan 2006	0	405	60.59	8.93	$3,618
Dec 2005	0	260	54.94	13.42	$3,488
Nov 2005	0	471	54.69	10.59	$4,987
Oct 2005	0	504	58.34	13.80	$6,953
Sep 2005	0	433	61.45	12.08	$5,230
Aug 2005	0	423	61.51	9.80	$4,144
Jul 2005	0	389	55.69	7.84	$3,051
Jun 2005	0	305	52.33	7.38	$2,251
May 2005	0	264	45.22	6.65	$1,756
Apr 2005	0	322	49.20	7.36	$2,370
Mar 2005	0	243	50.37	7.15	$1,739
Feb 2005	0	314	45.22	6.31	$1,982
Jan 2005	0	417	43.16	6.32	$2,636
Dec 2004	0	261	39.86	6.75	$1,762
Nov 2004	0	227	45.28	6.33	$1,437
Oct 2004	0	190	49.70	6.52	$1,238
Sep 2004	0	188	43.24	5.28	$993
Aug 2004	0	241	42.37	5.55	$1,338
Jul 2004	0	230	38.28	6.08	$1,399
Jun 2004	0	234	36.10	6.43	$1,505
May 2004	0	213	37.48	6.49	$1,383
Apr 2004	0	220	34.47	5.86	$1,289
Mar 2004	0	191	34.36	5.53	$1,056
Feb 2004	0	260	32.45	5.51	$1,433
Jan 2004	0	312	32.03	6.30	$1,965
Dec 2003	0	306	30.26	6.30	$1,928
Nov 2003	0	267	28.80	4.60	$1,227
Oct 2003	0	254	28.17	4.76	$1,209
Sep 2003	0	255	26.31	4.75	$1,211
Aug 2003	0	258	29.76	5.13	$1,323
Jul 2003	0	225	29.41	5.17	$1,163
Jun 2003	0	308	28.56	5.98	$1,843
May 2003	0	343	26.59	5.97	$2,049
Apr 2003	0	359	26.67	5.41	$1,941
Mar 2003	0	392	31.14	6.10	$2,390
Feb 2003	0	519	33.48	7.93	$4,114
Jan 2003	0	471	30.31	5.58	$2,629
Dec 2002	0	489	26.91	4.85	$2,373
Nov 2002	0	362	24.66	4.14	$1,498
Oct 2002	0	337	26.46	4.23	$1,425
Sep 2002	0	367	27.44	3.64	$1,334
Aug 2002	0	344	25.96	3.16	$1,088
Jul 2002	0	404	24.58	3.06	$1,237
Jun 2002	0	370	23.73	3.34	$1,235
May 2002	0	460	24.66	3.58	$1,649
Apr 2002	0	427	23.65	3.51	$1,500
Mar 2002	0	389	22.00	3.10	$1,207
Feb 2002	0	363	18.22	2.38	$862
Jan 2002	0	420	17.17	2.38	$998
Dec 2001	0	375	16.93	2.36	$887
Nov 2001	0	367	18.07	2.41	$883
Oct 2001	0	356	19.78	2.53	$900
Sep 2001	0	429	24.26	2.25	$966
Aug 2001	3	598	24.87	3.05	$1,900
Jul 2001	19	258	23.93	3.20	$1,280
Jun 2001	0	257	24.56	3.82	$983
May 2001	2	553	25.52	4.31	$2,433
Apr 2001	1	531	24.68	5.34	$2,858
Mar 2001	0	544	24.54	5.38	$2,925
Feb 2001	3	570	27.75	5.77	$3,370
Jan 2001	0	563	27.47	8.40	$4,729
Dec 2000	0	567	26.88	9.12	$5,172
Nov 2000	0	429	32.21	5.66	$2,427
Oct 2000	0	513	31.23	5.15	$2,640
Sep 2000	0	575	31.87	5.19	$2,982
Aug 2000	0	517	29.64	4.54	$2,348
Jul 2000	0	483	28.53	4.09	$1,975
Jun 2000	0	234	29.30	4.40	$1,029
May 2000	3	475	27.26	3.68	$1,830
Apr 2000	0	623	24.51	3.12	$1,941
Mar 2000	0	722	28.42	2.86	$2,065
Feb 2000	4	723	27.62	2.73	$2,082
Jan 2000	0	862	25.27	2.48	$2,138
Dec 1999	0	764	24.28	2.42	$1,852
Nov 1999	0	759	23.19	2.43	$1,847
Oct 1999	3	756	20.98	2.80	$2,183
Sep 1999	3	716	21.75	2.62	$1,940
Aug 1999	0	607	19.26	2.88	$1,745
Jul 1999	3	611	17.89	2.37	$1,503
Jun 1999	3	506	15.94	2.36	$1,243
May 1999	3	657	15.79	2.32	$1,572
Apr 1999	5	613	15.10	2.21	$1,429
Mar 1999	3	539	12.47	1.84	$1,028
Feb 1999	4	634	9.98	1.82	$1,192
Jan 1999	0	695	10.38	1.90	$1,320
Dec 1998	0	634	9.20	1.77	$1,124
Nov 1998	3	530	10.89	2.19	$1,191
Oct 1998	7	547	12.42	1.97	$1,164
Sep 1998	4	546	12.59	2.08	$1,187
Aug 1998	0	584	11.30	1.91	$1,114
Jul 1998	0	565	11.74	2.24	$1,264
Jun 1998	0	447	11.24	2.24	$1,000
May 1998	0	354	12.62	2.21	$781
Apr 1998	0	392	13.04	2.51	$982
Mar 1998	0	374	12.80	2.31	$864
Feb 1998	0	270	13.95	2.30	$621
Jan 1998	0	289	14.70	2.15	$623
Dec 1997	0	289	16.32	2.41	$697
Nov 1997	0	358	18.19	3.09	$1,106
Oct 1997	0	398	19.25	3.15	$1,254
Sep 1997	0	365	17.74	2.95	$1,079
Aug 1997	0	406	17.86	2.55	$1,037
Jul 1997	0	416	17.58	2.25	$935
Jun 1997	0	350	17.24	2.26	$790
May 1997	0	396	18.97	2.31	$914
Apr 1997	0	383	17.88	2.08	$798
Mar 1997	0	339	18.95	1.94	$657
Feb 1997	0	395	20.49	2.21	$871
Jan 1997	0	443	23.48	3.54	$1,568
Dec 1996	0	510	23.32	—	$0
Nov 1996	0	518	21.97	—	$0
Oct 1996	0	474	23.31	—	$0
Sep 1996	0	442	22.22	—	$0
Aug 1996	0	484	20.26	—	$0
Jul 1996	0	468	19.55	—	$0
Jun 1996	0	445	18.73	—	$0
May 1996	0	480	19.43	—	$0
Apr 1996	0	447	21.51	—	$0
Mar 1996	0	466	19.38	—	$0
Feb 1996	0	394	16.98	—	$0
Jan 1996	0	438	17.07	—	$0
Dec 1995	0	454	17.19	—	$0
Nov 1995	0	480	16.00	—	$0
Oct 1995	0	474	15.43	—	$0
Sep 1995	0	448	16.18	—	$0
Aug 1995	0	473	15.92	—	$0
Jul 1995	0	517	15.24	—	$0
Jun 1995	0	520	16.41	—	$0
May 1995	0	512	17.56	—	$0
Apr 1995	0	533	17.73	—	$0
Mar 1995	4	536	16.44	—	$66
Feb 1995	0	510	16.58	—	$0
Jan 1995	0	558	15.92	—	$0
Dec 1994	0	745	15.03	—	$0
Nov 1994	0	561	15.90	—	$0
Oct 1994	0	593	15.58	—	$0
Sep 1994	0	553	15.29	—	$0
Aug 1994	0	603	16.13	—	$0
Jul 1994	0	596	17.56	—	$0
Jun 1994	0	625	17.09	—	$0
May 1994	0	611	15.88	—	$0
Apr 1994	0	489	14.14	—	$0
Mar 1994	0	559	12.46	—	$0
Feb 1994	0	536	12.50	—	$0
Jan 1994	0	625	12.66	—	$0
Dec 1993	0	623	12.33	—	$0
Nov 1993	0	586	14.49	—	$0
Oct 1993	0	604	15.85	—	$0
Sep 1993	0	571	15.03	—	$0
Aug 1993	0	573	15.66	—	$0
Jul 1993	0	510	15.46	—	$0
Jun 1993	3	560	16.79	—	$50
May 1993	3	538	17.68	—	$53
Apr 1993	0	528	18.05	—	$0
Mar 1993	0	541	18.14	—	$0
Feb 1993	3	531	17.90	—	$54
Jan 1993	0	464	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.

Mar 2014 — as filed, then multipliedworked

Condensate             0 bbl  × $ 95.89 =         $0
Gas                    4 Mcf  × $  5.06 =        $20

────────────────────────────────────────────────────
Month total                                      $20

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/120940 is the state's own key, not one this site invented.