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. (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 79444District 01Field 16340900CondensateGasSave Export

Value, all time

$487 k

Jan 1993 – Apr 2017

Value, last 12 filed months

at the published price for each month

Months reported

292

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	1,169 bbl	$22,057
Gas	Production	227,940 Mcf	$465,268
Total			$487,324

101,172 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 (292)

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

292 months


Apr 2017	0	0	47.93	3.21	$0
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	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	96	42.89	2.93	$282
Feb 2015	0	102	44.66	2.98	$304
Jan 2015	0	27	43.43	3.10	$84
Dec 2014	0	33	54.69	3.59	$119
Nov 2014	0	43	70.46	4.25	$183
Oct 2014	0	27	78.30	3.90	$105
Sep 2014	0	21	86.16	4.05	$85
Aug 2014	0	12	89.39	4.04	$48
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	4	98.16	4.74	$19
May 2014	0	12	94.73	4.73	$57
Apr 2014	0	50	95.94	4.81	$240
Mar 2014	0	64	95.89	5.06	$324
Feb 2014	0	47	97.40	6.19	$291
Jan 2014	0	50	90.40	4.86	$243
Dec 2013	0	26	91.82	4.35	$113
Nov 2013	0	3	88.85	3.74	$11
Oct 2013	0	12	97.42	3.78	$45
Sep 2013	0	6	104.11	3.72	$22
Aug 2013	0	2	104.25	3.52	$7
Jul 2013	0	18	102.52	3.72	$67
Jun 2013	0	5	94.40	3.93	$20
May 2013	0	17	94.83	4.15	$71
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	38	93.62	3.91	$149
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	3	86.77	3.42	$10
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	15	89.38	3.40	$51
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	26	101.65	2.00	$52
Mar 2012	0	15	105.05	2.22	$33
Feb 2012	0	41	101.10	2.57	$105
Jan 2012	0	45	98.09	2.73	$123
Dec 2011	0	42	96.87	3.24	$136
Nov 2011	0	23	95.72	3.31	$76
Oct 2011	0	16	84.98	3.65	$58
Sep 2011	0	14	83.62	3.99	$56
Aug 2011	0	3	83.40	4.15	$12
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	15	105.96	4.33	$65
Mar 2011	0	21	96.36	4.06	$85
Feb 2011	0	16	85.64	4.18	$67
Jan 2011	0	27	86.50	4.59	$124
Dec 2010	0	20	85.73	4.35	$87
Nov 2010	0	28	80.84	3.80	$106
Oct 2010	0	12	78.10	3.51	$42
Sep 2010	0	18	72.63	3.98	$72
Aug 2010	0	21	73.68	4.42	$93
Jul 2010	0	20	72.55	4.74	$95
Jun 2010	0	24	70.36	4.91	$118
May 2010	0	29	71.12	4.24	$123
Apr 2010	0	42	81.69	4.12	$173
Mar 2010	0	47	78.39	4.39	$206
Feb 2010	0	21	73.58	5.44	$114
Jan 2010	0	42	74.36	5.96	$250
Dec 2009	0	37	71.44	5.48	$203
Nov 2009	0	27	74.59	3.75	$101
Oct 2009	0	34	72.54	4.11	$140
Sep 2009	0	37	65.54	3.06	$113
Aug 2009	0	32	67.42	3.22	$103
Jul 2009	0	37	61.13	3.46	$128
Jun 2009	0	31	66.16	3.90	$121
May 2009	0	28	54.74	3.93	$110
Apr 2009	0	28	46.77	3.59	$100
Mar 2009	0	34	42.14	4.06	$138
Feb 2009	0	29	32.81	4.63	$134
Jan 2009	0	38	35.86	5.37	$204
Dec 2008	0	40	37.10	5.98	$239
Nov 2008	7	35	55.49	6.86	$629
Oct 2008	0	30	75.24	6.92	$208
Sep 2008	0	36	101.76	7.88	$284
Aug 2008	0	33	114.22	8.48	$280
Jul 2008	0	28	131.08	11.39	$319
Jun 2008	0	27	131.33	13.03	$352
May 2008	0	43	123.17	11.57	$498
Apr 2008	0	36	110.31	10.45	$376
Mar 2008	0	38	101.90	9.66	$367
Feb 2008	0	28	92.53	8.77	$246
Jan 2008	2	29	90.38	8.21	$419
Dec 2007	0	36	88.33	7.30	$263
Nov 2007	0	34	91.67	7.29	$248
Oct 2007	0	42	82.85	6.92	$291
Sep 2007	0	40	75.84	6.24	$250
Aug 2007	0	44	69.06	6.39	$281
Jul 2007	0	37	70.90	6.39	$236
Jun 2007	0	47	62.00	7.55	$355
May 2007	0	50	58.74	7.85	$392
Apr 2007	0	54	59.61	7.81	$421
Mar 2007	0	39	56.92	7.30	$285
Feb 2007	0	34	55.10	8.22	$279
Jan 2007	0	42	50.30	6.73	$283
Dec 2006	0	39	56.65	6.92	$270
Nov 2006	0	41	54.20	7.62	$312
Oct 2006	0	39	54.90	6.01	$235
Sep 2006	0	51	60.08	5.04	$257
Aug 2006	0	37	68.71	7.34	$272
Jul 2006	2	50	69.37	6.34	$456
Jun 2006	0	55	66.28	6.38	$351
May 2006	1	47	66.01	6.42	$368
Apr 2006	0	52	64.39	7.36	$383
Mar 2006	2	73	56.70	7.08	$630
Feb 2006	0	72	57.59	7.75	$558
Jan 2006	2	72	60.59	8.93	$764
Dec 2005	0	62	54.94	13.42	$832
Nov 2005	2	66	54.69	10.59	$808
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	1	45.22	6.65	$7
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	6	45.22	6.31	$38
Jan 2005	1	18	43.16	6.32	$157
Dec 2004	0	12	39.86	6.75	$81
Nov 2004	1	61	45.28	6.33	$431
Oct 2004	1	59	49.70	6.52	$434
Sep 2004	1	42	43.24	5.28	$265
Aug 2004	0	22	42.37	5.55	$122
Jul 2004	0	24	38.28	6.08	$146
Jun 2004	0	14	36.10	6.43	$90
May 2004	1	46	37.48	6.49	$336
Apr 2004	1	62	34.47	5.86	$398
Mar 2004	2	76	34.36	5.53	$489
Feb 2004	1	126	32.45	5.51	$727
Jan 2004	3	123	32.03	6.30	$871
Dec 2003	1	117	30.26	6.30	$768
Nov 2003	2	112	28.80	4.60	$572
Oct 2003	2	105	28.17	4.76	$556
Sep 2003	2	113	26.31	4.75	$589
Aug 2003	0	115	29.76	5.13	$590
Jul 2003	2	119	29.41	5.17	$674
Jun 2003	1	99	28.56	5.98	$621
May 2003	2	148	26.59	5.97	$937
Apr 2003	4	140	26.67	5.41	$864
Mar 2003	0	133	31.14	6.10	$811
Feb 2003	9	134	33.48	7.93	$1,363
Jan 2003	0	146	30.31	5.58	$815
Dec 2002	0	151	26.91	4.85	$733
Nov 2002	0	153	24.66	4.14	$633
Oct 2002	2	168	26.46	4.23	$763
Sep 2002	0	193	27.44	3.64	$702
Aug 2002	0	235	25.96	3.16	$744
Jul 2002	0	238	24.58	3.06	$729
Jun 2002	0	267	23.73	3.34	$891
May 2002	0	306	24.66	3.58	$1,097
Apr 2002	0	379	23.65	3.51	$1,331
Mar 2002	0	667	22.00	3.10	$2,070
Feb 2002	7	614	18.22	2.38	$1,586
Jan 2002	10	822	17.17	2.38	$2,125
Dec 2001	0	751	16.93	2.36	$1,776
Nov 2001	18	1,687	18.07	2.41	$4,383
Oct 2001	0	530	19.78	2.53	$1,340
Sep 2001	0	599	24.26	2.25	$1,349
Aug 2001	0	771	24.87	3.05	$2,354
Jul 2001	0	2,351	23.93	3.20	$7,516
Jun 2001	0	4,108	24.56	3.82	$15,710
May 2001	2	12,069	25.52	4.31	$52,036
Apr 2001	29	20,457	24.68	5.34	$109,860
Mar 2001	64	4,386	24.54	5.38	$25,152
Feb 2001	23	387	27.75	5.77	$2,870
Jan 2001	22	1,387	27.47	8.40	$12,253
Dec 2000	0	1,401	26.88	9.12	$12,781
Nov 2000	0	1,084	32.21	5.66	$6,133
Oct 2000	0	729	31.23	5.15	$3,751
Sep 2000	0	858	31.87	5.19	$4,450
Aug 2000	0	1,087	29.64	4.54	$4,936
Jul 2000	0	1,143	28.53	4.09	$4,675
Jun 2000	0	1,119	29.30	4.40	$4,921
May 2000	0	1,056	27.26	3.68	$3,886
Apr 2000	0	1,183	24.51	3.12	$3,686
Mar 2000	0	1,260	28.42	2.86	$3,603
Feb 2000	24	1,114	27.62	2.73	$3,700
Jan 2000	0	1,383	25.27	2.48	$3,431
Dec 1999	0	1,167	24.28	2.42	$2,828
Nov 1999	0	1,170	23.19	2.43	$2,848
Oct 1999	0	1,382	20.98	2.80	$3,875
Sep 1999	0	1,192	21.75	2.62	$3,122
Aug 1999	0	1,282	19.26	2.88	$3,687
Jul 1999	25	1,398	17.89	2.37	$3,764
Jun 1999	0	1,497	15.94	2.36	$3,536
May 1999	0	1,590	15.79	2.32	$3,690
Apr 1999	22	1,442	15.10	2.21	$3,516
Mar 1999	0	1,395	12.47	1.84	$2,564
Feb 1999	0	1,286	9.98	1.82	$2,338
Jan 1999	25	1,364	10.38	1.90	$2,851
Dec 1998	25	1,489	9.20	1.77	$2,870
Nov 1998	0	1,430	10.89	2.19	$3,126
Oct 1998	23	1,427	12.42	1.97	$3,096
Sep 1998	0	1,430	12.59	2.08	$2,978
Aug 1998	22	1,188	11.30	1.91	$2,515
Jul 1998	0	1,422	11.74	2.24	$3,181
Jun 1998	0	1,470	11.24	2.24	$3,289
May 1998	0	1,423	12.62	2.21	$3,140
Apr 1998	9	1,498	13.04	2.51	$3,870
Mar 1998	9	1,605	12.80	2.31	$3,822
Feb 1998	0	1,297	13.95	2.30	$2,982
Jan 1998	45	1,724	14.70	2.15	$4,376
Dec 1997	50	1,577	16.32	2.41	$4,618
Nov 1997	50	1,580	18.19	3.09	$5,789
Oct 1997	0	1,804	19.25	3.15	$5,682
Sep 1997	47	1,678	17.74	2.95	$5,792
Aug 1997	40	1,752	17.86	2.55	$5,190
Jul 1997	19	1,761	17.58	2.25	$4,291
Jun 1997	0	1,853	17.24	2.26	$4,183
May 1997	16	1,858	18.97	2.31	$4,593
Apr 1997	0	1,576	17.88	2.08	$3,282
Mar 1997	15	1,921	18.95	1.94	$4,009
Feb 1997	15	1,585	20.49	2.21	$3,804
Jan 1997	8	1,578	23.48	3.54	$5,773
Dec 1996	0	1,754	23.32	—	$0
Nov 1996	8	1,674	21.97	—	$176
Oct 1996	8	1,893	23.31	—	$186
Sep 1996	8	1,672	22.22	—	$178
Aug 1996	0	1,786	20.26	—	$0
Jul 1996	11	1,969	19.55	—	$215
Jun 1996	10	1,918	18.73	—	$187
May 1996	0	1,881	19.43	—	$0
Apr 1996	11	1,779	21.51	—	$237
Mar 1996	13	1,749	19.38	—	$252
Feb 1996	0	1,693	16.98	—	$0
Jan 1996	31	2,038	17.07	—	$529
Dec 1995	0	2,042	17.19	—	$0
Nov 1995	25	2,035	16.00	—	$400
Oct 1995	27	2,110	15.43	—	$417
Sep 1995	0	2,053	16.18	—	$0
Aug 1995	28	2,000	15.92	—	$446
Jul 1995	7	2,014	15.24	—	$107
Jun 1995	6	1,930	16.41	—	$98
May 1995	6	1,941	17.56	—	$105
Apr 1995	6	1,988	17.73	—	$106
Mar 1995	0	2,114	16.44	—	$0
Feb 1995	6	1,825	16.58	—	$99
Jan 1995	5	2,233	15.92	—	$80
Dec 1994	5	2,137	15.03	—	$75
Nov 1994	6	2,222	15.90	—	$95
Oct 1994	11	2,095	15.58	—	$171
Sep 1994	0	1,870	15.29	—	$0
Aug 1994	6	2,157	16.13	—	$97
Jul 1994	0	2,227	17.56	—	$0
Jun 1994	6	2,253	17.09	—	$103
May 1994	6	2,054	15.88	—	$95
Apr 1994	11	2,151	14.14	—	$156
Mar 1994	6	2,313	12.46	—	$75
Feb 1994	5	2,083	12.50	—	$63
Jan 1994	14	2,206	12.66	—	$177
Dec 1993	10	2,290	12.33	—	$123
Nov 1993	23	2,415	14.49	—	$333
Oct 1993	12	2,398	15.85	—	$190
Sep 1993	20	2,492	15.03	—	$301
Aug 1993	10	2,449	15.66	—	$157
Jul 1993	8	2,551	15.46	—	$124
Jun 1993	10	2,387	16.79	—	$168
May 1993	14	2,396	17.68	—	$248
Apr 1993	9	2,557	18.05	—	$162
Mar 1993	16	2,642	18.14	—	$290
Feb 1993	8	2,264	17.90	—	$143
Jan 1993	16	2,472	16.93	—	$271

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 2015 — as filed, then multipliedworked

Condensate             0 bbl  × $ 42.89 =         $0
Gas                   96 Mcf  × $  2.93 =       $282

────────────────────────────────────────────────────
Month total                                     $282

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/79444 is the state's own key, not one this site invented.