GATES RANCH "B"

Operated by WHITE OAK OPERATING COMPANY LLC (P-5 916954) in the CATARINA, SW. (OLMOS-2) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14338District 01Field 16340600OilCasinghead gasSaveExport
Value, all time
$367 k
Mar 2001 – Nov 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
189
no gaps in the span
Streams
2
oil, casinghead 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 7 leases and 8 wells, and the rule below applies to all of them.

Discovered
1975-11-15
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition5,355 bbl$205,405
Casinghead gasProduction28,245 Mcf$161,142
Total$366,547

Every month this lease reported (189)

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

189 months

Nov 20160042.492.64$0
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 20140089.394.04$0
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 20130094.834.15$0
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 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20121091.612.49$92
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 201102184.983.65$77
Sep 201106083.623.99$239
Aug 20110783.404.15$29
Jul 201104694.144.52$208
Jun 201103392.904.64$153
May 201108098.134.40$352
Apr 2011034105.964.33$147
Mar 201103796.364.06$150
Feb 201104485.644.18$184
Jan 201102486.504.59$110
Dec 201001285.734.35$52
Nov 201005080.843.80$190
Oct 201003978.103.51$137
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100670.364.91$29
May 20100271.124.24$8
Apr 201001681.694.12$66
Mar 201001778.394.39$75
Feb 20100173.585.44$5
Jan 20100174.365.96$6
Dec 200902271.445.48$121
Nov 200902774.593.75$101
Oct 200901572.544.11$62
Sep 200902765.543.06$83
Aug 200902367.423.22$74
Jul 200902161.133.46$73
Jun 20090166.163.90$4
May 200901554.743.93$59
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 200901032.814.63$46
Jan 200902335.865.37$124
Dec 20085037.105.98$186
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 20082826114.228.48$3,419
Jul 2008038131.0811.39$433
Jun 2008060131.3313.03$782
May 2008548123.1711.57$1,171
Apr 2008463110.3110.45$1,100
Mar 2008212101.909.66$320
Feb 200831192.538.77$374
Jan 200802190.388.21$172
Dec 200763488.337.30$778
Nov 200762291.677.29$710
Oct 200786782.856.92$1,127
Sep 200706375.846.24$393
Aug 200787369.066.39$1,019
Jul 2007106770.906.39$1,137
Jun 2007118062.007.55$1,286
May 2007108358.747.85$1,239
Apr 2007108759.617.81$1,275
Mar 2007107956.927.30$1,146
Feb 2007105855.108.22$1,028
Jan 200798750.306.73$1,038
Dec 200699856.656.92$1,188
Nov 200689854.207.62$1,180
Oct 2006923254.906.01$1,889
Sep 20061316460.085.04$1,607
Aug 200609568.717.34$697
Jul 2006207169.376.34$1,838
Jun 2006358866.286.38$2,882
May 20065545066.016.42$6,522
Apr 20065838164.397.36$6,539
Mar 20066037656.707.08$6,065
Feb 20066734757.597.75$6,548
Jan 200611443160.598.93$10,758
Dec 200527258554.9413.42$22,792
Nov 20058159354.6910.59$10,709
Oct 20059440458.3413.80$11,057
Sep 20053935861.4512.08$6,721
Aug 20053230861.519.80$4,986
Jul 20053022855.697.84$3,459
Jun 20053526252.337.38$3,765
May 20058736445.226.65$6,355
Apr 200511238849.207.36$8,366
Mar 200510331950.377.15$7,471
Feb 20058528145.226.31$5,617
Jan 200521126943.166.32$10,807
Dec 200413425239.866.75$7,043
Nov 20046729045.286.33$4,870
Oct 20047432449.706.52$5,789
Sep 200414723143.245.28$7,577
Aug 20047725542.375.55$4,678
Jul 20047633438.286.08$4,941
Jun 200414661336.106.43$9,214
May 2004032637.486.49$2,117
Apr 20044916734.475.86$2,667
Mar 200411519934.365.53$5,052
Feb 200413127132.455.51$5,744
Jan 20047240232.036.30$4,839
Dec 20037040030.266.30$4,639
Nov 20039530928.804.60$4,156
Oct 20039439728.174.76$4,538
Sep 20034242026.314.75$3,100
Aug 20037943329.765.13$4,572
Jul 20037642529.415.17$4,433
Jun 20039143328.565.98$5,190
May 20034648026.595.97$4,090
Apr 200315777226.675.41$8,362
Mar 200311750031.146.10$6,691
Feb 20037543733.487.93$5,975
Jan 200312048330.315.58$6,333
Dec 200211163726.914.85$6,079
Nov 200214988724.664.14$7,344
Oct 20024125526.464.23$2,163
Sep 20027035327.443.64$3,204
Aug 20027941325.963.16$3,358
Jul 20029456324.583.06$4,034
Jun 20027665223.733.34$3,980
May 200211271024.663.58$5,307
Apr 20024539823.653.51$2,462
Mar 20024846322.003.10$2,493
Feb 20026854518.222.38$2,534
Jan 20024641617.172.38$1,778
Dec 20018251016.932.36$2,594
Nov 20018855018.072.41$2,913
Oct 20019566219.782.53$3,553
Sep 20014028724.262.25$1,617
Aug 20014531024.873.05$2,066
Jul 20013825723.933.20$1,731
Jun 20019366024.563.82$4,808
May 20011042725.524.31$2,094
Apr 2001015424.685.34$822
Mar 20010024.545.38$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.

May 2012 — as filed, then multipliedworked
Oil                    1 bbl  × $ 91.61 =        $92
Casinghead gas         0 Mcf  × $  2.49 =         $0

────────────────────────────────────────────────────
Month total                                      $92

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/O/14338 is the state's own key, not one this site invented.