GATES RANCH B

Operated by WHITE OAK OPERATING COMPANY LLC (P-5 916954) in the CATARINA, SW. (OLMOS N-3 STRAY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 139168District 01Field 16340610CondensateGasSaveExport
Value, all time
$1.2 M
Jan 1993 – Oct 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
286
no gaps in the span
Streams
2
condensate, 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 6 leases and 6 wells, and the rule below applies to all of them.

Discovered
1987-12-13
as the register files it
Field class
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: AOF-1 AND AOF-2 EFFECTIVE 02/01/98.

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
CondensateDisposition6,659 bbl$204,332
GasProduction248,768 Mcf$972,583
Total$1,176,915

73,124 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 (286)

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

286 months

Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
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 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
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 20140086.164.05$0
Aug 20143089.394.04$268
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 201321094.834.15$1,991
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120689.383.40$20
Sep 201206694.672.92$193
Aug 2012032592.662.91$945
Jul 2012035885.133.02$1,081
Jun 20121059979.822.52$2,307
May 20122237491.612.49$2,946
Apr 20120418101.652.00$835
Mar 20120460105.052.22$1,022
Feb 20120483101.102.57$1,241
Jan 2012062898.092.73$1,717
Dec 2011054696.873.24$1,769
Nov 2011051695.723.31$1,709
Oct 2011044384.983.65$1,616
Sep 20112253783.623.99$3,980
Aug 2011047483.404.15$1,967
Jul 2011564494.144.52$3,380
Jun 2011051192.904.64$2,371
May 2011048898.134.40$2,150
Apr 20110389105.964.33$1,686
Mar 2011043796.364.06$1,773
Feb 2011054985.644.18$2,295
Jan 2011048186.504.59$2,207
Dec 2010023885.734.35$1,035
Nov 2010048080.843.80$1,822
Oct 2010071478.103.51$2,505
Sep 2010039772.633.98$1,580
Aug 2010085273.684.42$3,765
Jul 2010062772.554.74$2,970
Jun 2010024070.364.91$1,179
May 2010538771.124.24$1,995
Apr 2010026681.694.12$1,097
Mar 2010070278.394.39$3,081
Feb 2010060873.585.44$3,309
Jan 20101139274.365.96$3,156
Dec 2009010971.445.48$598
Nov 2009046974.593.75$1,759
Oct 2009039472.544.11$1,619
Sep 2009042765.543.06$1,309
Aug 20094450867.423.22$4,601
Jul 2009065961.133.46$2,283
Jun 2009064666.163.90$2,516
May 20095465654.743.93$5,531
Apr 2009072546.773.59$2,601
Mar 2009478142.144.06$3,339
Feb 2009075832.814.63$3,512
Jan 2009097135.865.37$5,215
Dec 20084872837.105.98$6,132
Nov 2008050455.496.86$3,458
Oct 2008070375.246.92$4,866
Sep 200865949101.767.88$14,090
Aug 200857778114.228.48$13,110
Jul 20080828131.0811.39$9,430
Jun 20080963131.3313.03$12,550
May 2008291,262123.1711.57$18,179
Apr 2008251,034110.3110.45$13,568
Mar 200823853101.909.66$10,587
Feb 20082258792.538.77$7,184
Jan 2008098390.388.21$8,066
Dec 20073093588.337.30$9,477
Nov 20072795591.677.29$9,439
Oct 20072887782.856.92$8,390
Sep 2007092075.846.24$5,745
Aug 2007321,14269.066.39$9,505
Jul 2007421,57570.906.39$13,039
Jun 2007411,27762.007.55$12,181
May 2007411,61458.747.85$15,072
Apr 2007371,53059.617.81$14,148
Mar 2007341,19256.927.30$10,639
Feb 2007361,15155.108.22$11,440
Jan 2007281,80850.306.73$13,571
Dec 2006221,62856.656.92$12,510
Nov 2006151,28254.207.62$10,579
Oct 2006996854.906.01$6,315
Sep 200601,49860.085.04$7,546
Aug 200602,10568.717.34$15,451
Jul 200602,02969.376.34$12,869
Jun 200602,58166.286.38$16,477
May 200602,79166.016.42$17,932
Apr 200603,07564.397.36$22,633
Mar 200603,12456.707.08$22,127
Feb 200603,48157.597.75$26,982
Jan 200615,23560.598.93$46,827
Dec 200544,25054.9413.42$57,235
Nov 2005399054.6910.59$10,647
Oct 20052656958.3413.80$9,367
Sep 20052546261.4512.08$7,117
Aug 20053158261.519.80$7,609
Jul 2005481,66255.697.84$15,709
Jun 2005491,67952.337.38$14,957
May 2005901,88345.226.65$16,594
Apr 20051714,57549.207.36$42,087
Mar 2005731,69750.377.15$15,819
Feb 20054081045.226.31$6,921
Jan 200510076943.166.32$9,178
Dec 20046583239.866.75$8,208
Nov 2004301,02845.286.33$7,866
Oct 20042360649.706.52$5,091
Sep 20044744043.245.28$4,357
Aug 20042545942.375.55$3,607
Jul 20042655738.286.08$4,384
Jun 20045561936.106.43$5,968
May 2004071837.486.49$4,663
Apr 20043486834.475.86$6,257
Mar 20046793634.365.53$7,478
Feb 20046195632.455.51$7,247
Jan 2004301,05332.036.30$7,594
Dec 20032976630.266.30$5,705
Nov 20036658328.804.60$4,580
Oct 20035748828.174.76$3,928
Sep 20033072626.314.75$4,237
Aug 20035470829.765.13$5,239
Jul 20035189229.415.17$6,112
Jun 20034461028.565.98$4,906
May 20031865526.595.97$4,391
Apr 20031380926.675.41$4,721
Mar 20031273031.146.10$4,824
Feb 2003788033.487.93$7,209
Jan 2003758630.315.58$3,483
Dec 2002438226.914.85$1,962
Nov 2002633124.664.14$1,517
Oct 2002337626.464.23$1,670
Sep 2002528627.443.64$1,177
Aug 2002637025.963.16$1,327
Jul 2002965624.583.06$2,230
Jun 2002101,53523.733.34$5,362
May 2002750324.663.58$1,975
Apr 2002451723.653.51$1,910
Mar 2002562722.003.10$2,055
Feb 2002552418.222.38$1,336
Jan 2002539917.172.38$1,034
Dec 20011183016.932.36$2,149
Nov 2001121,12318.072.41$2,918
Oct 2001956219.782.53$1,599
Sep 2001768324.262.25$1,707
Aug 2001699424.873.05$3,184
Jul 2001345723.933.20$1,533
Jun 2001653724.563.82$2,201
May 2001935825.524.31$1,772
Apr 20012223024.685.34$1,770
Mar 20011659924.545.38$3,613
Feb 20013349927.755.77$3,794
Jan 20012074027.478.40$6,764
Dec 2000171,19326.889.12$11,340
Nov 20002053632.215.66$3,677
Oct 2000650331.235.15$2,776
Sep 2000658431.875.19$3,220
Aug 2000668929.644.54$3,306
Jul 2000757828.534.09$2,564
Jun 2000665829.304.40$3,069
May 2000632027.263.68$1,341
Apr 20001761124.513.12$2,321
Mar 2000201,01228.422.86$3,462
Feb 20004072227.622.73$3,073
Jan 200001,02625.272.48$2,545
Dec 19992097424.282.42$2,846
Nov 19993276223.192.43$2,597
Oct 1999085020.982.80$2,383
Sep 19992988521.752.62$2,948
Aug 1999161,18819.262.88$3,724
Jul 1999151,19917.892.37$3,113
Jun 199901,64115.942.36$3,876
May 19991953515.792.32$1,542
Apr 19991060515.102.21$1,487
Mar 1999060612.471.84$1,114
Feb 199974109.981.82$815
Jan 19991548610.381.90$1,079
Dec 1998224899.201.77$1,070
Nov 19981389210.892.19$2,091
Oct 1998291,08012.421.97$2,487
Sep 19984288412.592.08$2,370
Aug 19981983311.301.91$1,804
Jul 19982496711.742.24$2,445
Jun 19983982411.242.24$2,282
May 1998201,13112.622.21$2,748
Apr 1998441,21713.042.51$3,623
Mar 1998651,26112.802.31$3,744
Feb 1998301,05613.952.30$2,846
Jan 1998291,10014.702.15$2,797
Dec 1997181,67516.322.41$4,332
Nov 19971021,46918.193.09$6,392
Oct 199701,19219.253.15$3,755
Sep 199701,21217.742.95$3,581
Aug 19976891917.862.55$3,562
Jul 1997691,10617.582.25$3,698
Jun 199701,05717.242.26$2,386
May 1997891,75418.972.31$5,737
Apr 1997761,71117.882.08$4,923
Mar 199701,36318.951.94$2,643
Feb 1997731,06820.492.21$3,852
Jan 1997721,57723.483.54$7,273
Dec 1996611,43823.32$1,423
Nov 199601,72621.97$0
Oct 1996661,71923.31$1,538
Sep 199601,38122.22$0
Aug 19961422,25420.26$2,877
Jul 199601,39419.55$0
Jun 199601,54418.73$0
May 1996591,57119.43$1,146
Apr 1996481,43621.51$1,032
Mar 1996441,34919.38$853
Feb 199601,32916.98$0
Jan 199601,68317.07$0
Dec 1995511,35817.19$877
Nov 1995481,40016.00$768
Oct 1995591,47215.43$910
Sep 199501,32716.18$0
Aug 199501,44315.92$0
Jul 1995721,49215.24$1,097
Jun 199501,30616.41$0
May 19951681,26717.56$2,950
Apr 199501,26217.73$0
Mar 1995941,36816.44$1,545
Feb 1995581,35616.58$962
Jan 1995991,44615.92$1,576
Dec 1994991,37115.03$1,488
Nov 199401,36615.90$0
Oct 1994701,45515.58$1,091
Sep 199401,39115.29$0
Aug 19942091,79216.13$3,371
Jul 199401,05117.56$0
Jun 19942171,58417.09$3,709
May 199401,61315.88$0
Apr 19941121,35314.14$1,584
Mar 199401,97512.46$0
Feb 1994881,03612.50$1,100
Jan 19941001,74812.66$1,266
Dec 19931621,65912.33$1,997
Nov 199301,68714.49$0
Oct 1993461,80715.85$729
Sep 1993072615.03$0
Aug 199301,35115.66$0
Jul 1993641,40115.46$989
Jun 199301,35816.79$0
May 1993671,79017.68$1,185
Apr 19931321,57618.05$2,383
Mar 19931092,61118.14$1,977
Feb 19931122,50917.90$2,005
Jan 19931191,59316.93$2,015

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/139168 is the state's own key, not one this site invented.