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 BLACKBRUSH O & G, INC. (P-5 73027) 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 122706District 01Field 16340900CondensateGasSave Export

Value, all time

$128 k

Jan 1993 – Jan 2006

Value, last 12 filed months

at the published price for each month

Months reported

157

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	111 bbl	$1,863
Gas	Production	104,960 Mcf	$125,890
Total			$127,754

62,950 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.

Every month this lease reported (157)

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

157 months


Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	5	29.41	5.17	$26
Jun 2003	0	220	28.56	5.98	$1,316
May 2003	0	481	26.59	5.97	$2,873
Apr 2003	0	426	26.67	5.41	$2,304
Mar 2003	0	283	31.14	6.10	$1,725
Feb 2003	0	100	33.48	7.93	$793
Jan 2003	0	193	30.31	5.58	$1,077
Dec 2002	0	362	26.91	4.85	$1,757
Nov 2002	0	42	24.66	4.14	$174
Oct 2002	0	30	26.46	4.23	$127
Sep 2002	0	48	27.44	3.64	$174
Aug 2002	0	47	25.96	3.16	$149
Jul 2002	0	64	24.58	3.06	$196
Jun 2002	0	72	23.73	3.34	$240
May 2002	0	66	24.66	3.58	$237
Apr 2002	0	109	23.65	3.51	$383
Mar 2002	0	75	22.00	3.10	$233
Feb 2002	0	188	18.22	2.38	$447
Jan 2002	0	149	17.17	2.38	$354
Dec 2001	0	277	16.93	2.36	$655
Nov 2001	0	229	18.07	2.41	$551
Oct 2001	0	368	19.78	2.53	$931
Sep 2001	0	190	24.26	2.25	$428
Aug 2001	0	15	24.87	3.05	$46
Jul 2001	0	25	23.93	3.20	$80
Jun 2001	0	67	24.56	3.82	$256
May 2001	0	223	25.52	4.31	$961
Apr 2001	0	245	24.68	5.34	$1,307
Mar 2001	0	504	24.54	5.38	$2,710
Feb 2001	0	475	27.75	5.77	$2,739
Jan 2001	0	564	27.47	8.40	$4,737
Dec 2000	0	658	26.88	9.12	$6,003
Nov 2000	0	458	32.21	5.66	$2,591
Oct 2000	0	300	31.23	5.15	$1,544
Sep 2000	0	438	31.87	5.19	$2,272
Aug 2000	0	497	29.64	4.54	$2,257
Jul 2000	0	600	28.53	4.09	$2,454
Jun 2000	0	568	29.30	4.40	$2,498
May 2000	0	643	27.26	3.68	$2,366
Apr 2000	0	473	24.51	3.12	$1,474
Mar 2000	0	656	28.42	2.86	$1,876
Feb 2000	0	554	27.62	2.73	$1,510
Jan 2000	0	833	25.27	2.48	$2,066
Dec 1999	0	587	24.28	2.42	$1,423
Nov 1999	0	624	23.19	2.43	$1,519
Oct 1999	0	611	20.98	2.80	$1,713
Sep 1999	0	788	21.75	2.62	$2,064
Aug 1999	0	759	19.26	2.88	$2,183
Jul 1999	0	744	17.89	2.37	$1,765
Jun 1999	0	537	15.94	2.36	$1,268
May 1999	0	463	15.79	2.32	$1,075
Apr 1999	0	986	15.10	2.21	$2,177
Mar 1999	0	1,007	12.47	1.84	$1,851
Feb 1999	0	779	9.98	1.82	$1,416
Jan 1999	0	1,016	10.38	1.90	$1,930
Dec 1998	0	825	9.20	1.77	$1,463
Nov 1998	0	980	10.89	2.19	$2,142
Oct 1998	0	1,060	12.42	1.97	$2,087
Sep 1998	0	890	12.59	2.08	$1,854
Aug 1998	0	1,030	11.30	1.91	$1,965
Jul 1998	0	1,044	11.74	2.24	$2,336
Jun 1998	0	1,083	11.24	2.24	$2,423
May 1998	0	975	12.62	2.21	$2,151
Apr 1998	0	919	13.04	2.51	$2,302
Mar 1998	0	875	12.80	2.31	$2,021
Feb 1998	0	806	13.95	2.30	$1,853
Jan 1998	0	860	14.70	2.15	$1,853
Dec 1997	0	1,027	16.32	2.41	$2,476
Nov 1997	0	548	18.19	3.09	$1,692
Oct 1997	0	1,005	19.25	3.15	$3,166
Sep 1997	0	823	17.74	2.95	$2,432
Aug 1997	0	966	17.86	2.55	$2,468
Jul 1997	0	688	17.58	2.25	$1,546
Jun 1997	0	837	17.24	2.26	$1,889
May 1997	0	850	18.97	2.31	$1,962
Apr 1997	0	589	17.88	2.08	$1,227
Mar 1997	0	914	18.95	1.94	$1,772
Feb 1997	0	695	20.49	2.21	$1,533
Jan 1997	0	0	23.48	3.54	$0
Dec 1996	0	912	23.32	—	$0
Nov 1996	0	840	21.97	—	$0
Oct 1996	0	1,164	23.31	—	$0
Sep 1996	0	1,053	22.22	—	$0
Aug 1996	0	1,028	20.26	—	$0
Jul 1996	0	1,299	19.55	—	$0
Jun 1996	0	1,325	18.73	—	$0
May 1996	0	739	19.43	—	$0
Apr 1996	0	964	21.51	—	$0
Mar 1996	0	972	19.38	—	$0
Feb 1996	0	896	16.98	—	$0
Jan 1996	0	1,188	17.07	—	$0
Dec 1995	0	190	17.19	—	$0
Nov 1995	0	153	16.00	—	$0
Oct 1995	0	501	15.43	—	$0
Sep 1995	0	720	16.18	—	$0
Aug 1995	0	749	15.92	—	$0
Jul 1995	0	1,005	15.24	—	$0
Jun 1995	0	1,198	16.41	—	$0
May 1995	0	1,320	17.56	—	$0
Apr 1995	0	1,445	17.73	—	$0
Mar 1995	0	1,567	16.44	—	$0
Feb 1995	0	1,553	16.58	—	$0
Jan 1995	0	1,656	15.92	—	$0
Dec 1994	0	1,570	15.03	—	$0
Nov 1994	0	1,564	15.90	—	$0
Oct 1994	0	1,666	15.58	—	$0
Sep 1994	0	1,329	15.29	—	$0
Aug 1994	0	1,288	16.13	—	$0
Jul 1994	0	1,610	17.56	—	$0
Jun 1994	1	1,442	17.09	—	$17
May 1994	0	1,469	15.88	—	$0
Apr 1994	0	1,644	14.14	—	$0
Mar 1994	0	1,712	12.46	—	$0
Feb 1994	1	1,474	12.50	—	$13
Jan 1994	1	1,587	12.66	—	$13
Dec 1993	4	1,620	12.33	—	$49
Nov 1993	0	1,544	14.49	—	$0
Oct 1993	5	1,404	15.85	—	$79
Sep 1993	0	880	15.03	—	$0
Aug 1993	0	1,897	15.66	—	$0
Jul 1993	32	1,637	15.46	—	$495
Jun 1993	0	1,711	16.79	—	$0
May 1993	22	2,088	17.68	—	$389
Apr 1993	28	2,048	18.05	—	$505
Mar 1993	8	1,866	18.14	—	$145
Feb 1993	6	1,942	17.90	—	$107
Jan 1993	3	1,521	16.93	—	$51

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.

Jul 2003 — as filed, then multipliedworked

Condensate             0 bbl  × $ 29.41 =         $0
Gas                    5 Mcf  × $  5.17 =        $26

────────────────────────────────────────────────────
Month total                                      $26

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/122706 is the state's own key, not one this site invented.