GATES RANCH

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

Operated by LEWIS PETRO PROPERTIES, INC. (P-5 499978) 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 71943District 01Field 16340500CondensateGasSave Export

Value, all time

$564 k

Jan 1993 – Mar 2017

Value, last 12 filed months

at the published price for each month

Months reported

291

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	1,472 bbl	$65,078
Gas	Production	144,267 Mcf	$498,895
Total			$563,972

39,686 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 28.2373, -99.7852. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.23733, -99.78522 · 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

5,750 ft

1 wells filed one

Completion to plug

40.0 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 5,750 ft.

Completions filed

Mar 1977

1 of 1 wells

Plug dates filed

Mar 2017

1 of 1 wells

Last completion to plug: a median of 40.0 years across the 1 well that filed both dates, with the middle half between 40.0 years and 40.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-12731178	2217	5,750 ft	Mar 1977	Mar 2017	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 (291)

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

291 months


Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
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	6	0	26.47	2.06	$159
Jan 2016	0	242	27.35	2.36	$572
Dec 2015	0	182	32.36	2.00	$364
Nov 2015	0	272	38.79	2.17	$590
Oct 2015	0	441	43.55	2.43	$1,070
Sep 2015	0	327	42.99	2.76	$902
Aug 2015	0	417	40.16	2.87	$1,198
Jul 2015	0	209	48.15	2.95	$616
Jun 2015	0	242	56.15	2.88	$698
May 2015	0	351	55.21	2.96	$1,037
Apr 2015	0	260	49.82	2.71	$704
Mar 2015	0	207	42.89	2.93	$607
Feb 2015	0	759	44.66	2.98	$2,259
Jan 2015	0	91	43.43	3.10	$282
Dec 2014	0	767	54.69	3.59	$2,755
Nov 2014	0	323	70.46	4.25	$1,373
Oct 2014	0	706	78.30	3.90	$2,754
Sep 2014	0	863	86.16	4.05	$3,491
Aug 2014	0	511	89.39	4.04	$2,062
Jul 2014	0	334	96.56	4.18	$1,396
Jun 2014	0	296	98.16	4.74	$1,402
May 2014	0	262	94.73	4.73	$1,238
Apr 2014	0	356	95.94	4.81	$1,712
Mar 2014	0	382	95.89	5.06	$1,932
Feb 2014	0	279	97.40	6.19	$1,728
Jan 2014	0	344	90.40	4.86	$1,672
Dec 2013	0	406	91.82	4.35	$1,768
Nov 2013	0	456	88.85	3.74	$1,705
Oct 2013	0	407	97.42	3.78	$1,538
Sep 2013	0	345	104.11	3.72	$1,283
Aug 2013	0	331	104.25	3.52	$1,166
Jul 2013	0	354	102.52	3.72	$1,316
Jun 2013	0	258	94.40	3.93	$1,015
May 2013	0	297	94.83	4.15	$1,232
Apr 2013	0	406	93.96	4.28	$1,739
Mar 2013	0	417	93.62	3.91	$1,632
Feb 2013	0	295	91.23	3.42	$1,009
Jan 2013	0	476	91.60	3.42	$1,628
Dec 2012	0	363	86.77	3.42	$1,242
Nov 2012	0	266	86.95	3.62	$964
Oct 2012	0	187	89.38	3.40	$636
Sep 2012	0	286	94.67	2.92	$835
Aug 2012	0	419	92.66	2.91	$1,219
Jul 2012	0	51	85.13	3.02	$154
Jun 2012	0	439	79.82	2.52	$1,106
May 2012	0	425	91.61	2.49	$1,058
Apr 2012	0	444	101.65	2.00	$887
Mar 2012	0	190	105.05	2.22	$422
Feb 2012	0	446	101.10	2.57	$1,146
Jan 2012	0	511	98.09	2.73	$1,397
Dec 2011	0	272	96.87	3.24	$881
Nov 2011	0	696	95.72	3.31	$2,305
Oct 2011	0	433	84.98	3.65	$1,580
Sep 2011	0	146	83.62	3.99	$582
Aug 2011	0	146	83.40	4.15	$606
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	100	105.96	4.33	$433
Mar 2011	0	412	96.36	4.06	$1,672
Feb 2011	0	355	85.64	4.18	$1,484
Jan 2011	0	273	86.50	4.59	$1,253
Dec 2010	0	306	85.73	4.35	$1,330
Nov 2010	0	225	80.84	3.80	$854
Oct 2010	0	371	78.10	3.51	$1,302
Sep 2010	0	355	72.63	3.98	$1,413
Aug 2010	0	426	73.68	4.42	$1,883
Jul 2010	0	208	72.55	4.74	$985
Jun 2010	1	401	70.36	4.91	$2,039
May 2010	0	374	71.12	4.24	$1,584
Apr 2010	0	363	81.69	4.12	$1,497
Mar 2010	0	344	78.39	4.39	$1,510
Feb 2010	0	216	73.58	5.44	$1,176
Jan 2010	0	421	74.36	5.96	$2,511
Dec 2009	0	398	71.44	5.48	$2,183
Nov 2009	0	412	74.59	3.75	$1,546
Oct 2009	0	500	72.54	4.11	$2,055
Sep 2009	0	465	65.54	3.06	$1,425
Aug 2009	0	402	67.42	3.22	$1,294
Jul 2009	0	491	61.13	3.46	$1,701
Jun 2009	0	447	66.16	3.90	$1,741
May 2009	0	314	54.74	3.93	$1,233
Apr 2009	0	349	46.77	3.59	$1,252
Mar 2009	0	479	42.14	4.06	$1,944
Feb 2009	0	162	32.81	4.63	$751
Jan 2009	0	247	35.86	5.37	$1,327
Dec 2008	0	323	37.10	5.98	$1,931
Nov 2008	0	313	55.49	6.86	$2,147
Oct 2008	0	325	75.24	6.92	$2,250
Sep 2008	0	420	101.76	7.88	$3,308
Aug 2008	0	481	114.22	8.48	$4,080
Jul 2008	0	327	131.08	11.39	$3,724
Jun 2008	36	458	131.33	13.03	$10,697
May 2008	0	460	123.17	11.57	$5,324
Apr 2008	0	472	110.31	10.45	$4,935
Mar 2008	0	503	101.90	9.66	$4,861
Feb 2008	0	395	92.53	8.77	$3,464
Jan 2008	0	443	90.38	8.21	$3,635
Dec 2007	0	344	88.33	7.30	$2,512
Nov 2007	0	433	91.67	7.29	$3,157
Oct 2007	0	477	82.85	6.92	$3,302
Sep 2007	0	289	75.84	6.24	$1,805
Aug 2007	0	330	69.06	6.39	$2,108
Jul 2007	0	357	70.90	6.39	$2,280
Jun 2007	0	385	62.00	7.55	$2,906
May 2007	0	439	58.74	7.85	$3,445
Apr 2007	56	374	59.61	7.81	$6,257
Mar 2007	0	416	56.92	7.30	$3,038
Feb 2007	45	413	55.10	8.22	$5,873
Jan 2007	0	440	50.30	6.73	$2,960
Dec 2006	0	496	56.65	6.92	$3,432
Nov 2006	67	416	54.20	7.62	$6,800
Oct 2006	0	617	54.90	6.01	$3,711
Sep 2006	0	504	60.08	5.04	$2,539
Aug 2006	23	603	68.71	7.34	$6,006
Jul 2006	57	506	69.37	6.34	$7,164
Jun 2006	0	527	66.28	6.38	$3,364
May 2006	0	502	66.01	6.42	$3,225
Apr 2006	46	554	64.39	7.36	$7,040
Mar 2006	0	462	56.70	7.08	$3,272
Feb 2006	0	420	57.59	7.75	$3,255
Jan 2006	14	480	60.59	8.93	$5,136
Dec 2005	0	546	54.94	13.42	$7,325
Nov 2005	36	552	54.69	10.59	$7,814
Oct 2005	41	523	58.34	13.80	$9,607
Sep 2005	0	501	61.45	12.08	$6,052
Aug 2005	0	450	61.51	9.80	$4,409
Jul 2005	103	348	55.69	7.84	$8,466
Jun 2005	0	527	52.33	7.38	$3,890
May 2005	0	589	45.22	6.65	$3,918
Apr 2005	67	542	49.20	7.36	$7,286
Mar 2005	0	555	50.37	7.15	$3,971
Feb 2005	70	521	45.22	6.31	$6,454
Jan 2005	0	535	43.16	6.32	$3,382
Dec 2004	0	508	39.86	6.75	$3,430
Nov 2004	62	463	45.28	6.33	$5,738
Oct 2004	0	178	49.70	6.52	$1,160
Sep 2004	0	363	43.24	5.28	$1,918
Aug 2004	0	560	42.37	5.55	$3,108
Jul 2004	71	565	38.28	6.08	$6,155
Jun 2004	0	564	36.10	6.43	$3,628
May 2004	0	567	37.48	6.49	$3,682
Apr 2004	68	741	34.47	5.86	$6,685
Mar 2004	0	759	34.36	5.53	$4,197
Feb 2004	77	774	32.45	5.51	$6,763
Jan 2004	0	819	32.03	6.30	$5,159
Dec 2003	34	749	30.26	6.30	$5,749
Nov 2003	25	715	28.80	4.60	$4,006
Oct 2003	23	777	28.17	4.76	$4,346
Sep 2003	29	760	26.31	4.75	$4,373
Aug 2003	22	782	29.76	5.13	$4,666
Jul 2003	40	851	29.41	5.17	$5,577
Jun 2003	22	792	28.56	5.98	$5,367
May 2003	16	790	26.59	5.97	$5,144
Apr 2003	40	692	26.67	5.41	$4,809
Mar 2003	17	708	31.14	6.10	$4,845
Feb 2003	27	596	33.48	7.93	$5,628
Jan 2003	19	666	30.31	5.58	$4,294
Dec 2002	29	619	26.91	4.85	$3,785
Nov 2002	26	590	24.66	4.14	$3,082
Oct 2002	25	625	26.46	4.23	$3,305
Sep 2002	37	640	27.44	3.64	$3,342
Aug 2002	23	753	25.96	3.16	$2,980
Jul 2002	28	525	24.58	3.06	$2,296
Jun 2002	6	487	23.73	3.34	$1,768
May 2002	2	772	24.66	3.58	$2,816
Apr 2002	0	751	23.65	3.51	$2,638
Mar 2002	0	820	22.00	3.10	$2,544
Feb 2002	0	617	18.22	2.38	$1,466
Jan 2002	0	644	17.17	2.38	$1,530
Dec 2001	0	646	16.93	2.36	$1,527
Nov 2001	0	729	18.07	2.41	$1,754
Oct 2001	3	595	19.78	2.53	$1,564
Sep 2001	2	557	24.26	2.25	$1,303
Aug 2001	5	553	24.87	3.05	$1,813
Jul 2001	2	599	23.93	3.20	$1,963
Jun 2001	1	552	24.56	3.82	$2,136
May 2001	1	587	25.52	4.31	$2,554
Apr 2001	1	511	24.68	5.34	$2,751
Mar 2001	0	564	24.54	5.38	$3,032
Feb 2001	2	518	27.75	5.77	$3,043
Jan 2001	0	671	27.47	8.40	$5,636
Dec 2000	0	554	26.88	9.12	$5,054
Nov 2000	0	464	32.21	5.66	$2,625
Oct 2000	0	458	31.23	5.15	$2,357
Sep 2000	0	407	31.87	5.19	$2,111
Aug 2000	0	465	29.64	4.54	$2,111
Jul 2000	0	489	28.53	4.09	$2,000
Jun 2000	0	439	29.30	4.40	$1,930
May 2000	0	578	27.26	3.68	$2,127
Apr 2000	0	470	24.51	3.12	$1,465
Mar 2000	0	447	28.42	2.86	$1,278
Feb 2000	0	474	27.62	2.73	$1,292
Jan 2000	0	489	25.27	2.48	$1,213
Dec 1999	0	525	24.28	2.42	$1,272
Nov 1999	0	500	23.19	2.43	$1,217
Oct 1999	0	538	20.98	2.80	$1,508
Sep 1999	0	567	21.75	2.62	$1,485
Aug 1999	0	502	19.26	2.88	$1,444
Jul 1999	0	532	17.89	2.37	$1,262
Jun 1999	0	506	15.94	2.36	$1,195
May 1999	0	536	15.79	2.32	$1,244
Apr 1999	0	514	15.10	2.21	$1,135
Mar 1999	0	440	12.47	1.84	$809
Feb 1999	0	426	9.98	1.82	$774
Jan 1999	0	445	10.38	1.90	$845
Dec 1998	0	471	9.20	1.77	$835
Nov 1998	0	405	10.89	2.19	$885
Oct 1998	6	511	12.42	1.97	$1,081
Sep 1998	3	513	12.59	2.08	$1,106
Aug 1998	0	524	11.30	1.91	$999
Jul 1998	0	608	11.74	2.24	$1,360
Jun 1998	0	601	11.24	2.24	$1,345
May 1998	0	512	12.62	2.21	$1,130
Apr 1998	0	619	13.04	2.51	$1,551
Mar 1998	0	410	12.80	2.31	$947
Feb 1998	0	349	13.95	2.30	$802
Jan 1998	0	452	14.70	2.15	$974
Dec 1997	0	250	16.32	2.41	$603
Nov 1997	0	274	18.19	3.09	$846
Oct 1997	0	382	19.25	3.15	$1,203
Sep 1997	0	222	17.74	2.95	$656
Aug 1997	0	203	17.86	2.55	$519
Jul 1997	0	365	17.58	2.25	$820
Jun 1997	0	364	17.24	2.26	$822
May 1997	0	436	18.97	2.31	$1,007
Apr 1997	0	457	17.88	2.08	$952
Mar 1997	0	609	18.95	1.94	$1,181
Feb 1997	0	603	20.49	2.21	$1,330
Jan 1997	0	712	23.48	3.54	$2,520
Dec 1996	0	683	23.32	—	$0
Nov 1996	0	771	21.97	—	$0
Oct 1996	3	648	23.31	—	$70
Sep 1996	0	599	22.22	—	$0
Aug 1996	0	705	20.26	—	$0
Jul 1996	0	747	19.55	—	$0
Jun 1996	0	746	18.73	—	$0
May 1996	0	823	19.43	—	$0
Apr 1996	0	717	21.51	—	$0
Mar 1996	0	804	19.38	—	$0
Feb 1996	0	825	16.98	—	$0
Jan 1996	0	841	17.07	—	$0
Dec 1995	0	811	17.19	—	$0
Nov 1995	4	806	16.00	—	$64
Oct 1995	0	843	15.43	—	$0
Sep 1995	0	881	16.18	—	$0
Aug 1995	3	786	15.92	—	$48
Jul 1995	0	747	15.24	—	$0
Jun 1995	0	699	16.41	—	$0
May 1995	0	758	17.56	—	$0
Apr 1995	0	774	17.73	—	$0
Mar 1995	0	828	16.44	—	$0
Feb 1995	0	783	16.58	—	$0
Jan 1995	0	918	15.92	—	$0
Dec 1994	0	891	15.03	—	$0
Nov 1994	0	816	15.90	—	$0
Oct 1994	0	882	15.58	—	$0
Sep 1994	0	819	15.29	—	$0
Aug 1994	0	800	16.13	—	$0
Jul 1994	0	781	17.56	—	$0
Jun 1994	0	838	17.09	—	$0
May 1994	0	944	15.88	—	$0
Apr 1994	0	844	14.14	—	$0
Mar 1994	0	805	12.46	—	$0
Feb 1994	0	761	12.50	—	$0
Jan 1994	0	827	12.66	—	$0
Dec 1993	0	927	12.33	—	$0
Nov 1993	0	832	14.49	—	$0
Oct 1993	0	869	15.85	—	$0
Sep 1993	0	785	15.03	—	$0
Aug 1993	0	953	15.66	—	$0
Jul 1993	0	995	15.46	—	$0
Jun 1993	0	866	16.79	—	$0
May 1993	0	879	17.68	—	$0
Apr 1993	0	956	18.05	—	$0
Mar 1993	0	1,139	18.14	—	$0
Feb 1993	0	888	17.90	—	$0
Jan 1993	0	1,046	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.

Feb 2016 — as filed, then multipliedworked

Condensate             6 bbl  × $ 26.47 =       $159
Gas                    0 Mcf  × $  2.06 =         $0

────────────────────────────────────────────────────
Month total                                     $159

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/71943 is the state's own key, not one this site invented.