GATES RANCH

Operated by KERNS O & G, INC. (P-5 457700) in the DOS HERMANOS, E. (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 120158District 04Field 25567500CondensateGasSaveExport
Value, all time
$46 k
Jan 1993 – Nov 2002
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
119
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 38 leases and 38 wells, and the rule below applies to all of them.

Discovered
1978-10-01
as the register files it
Field class
Gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: NORTH (OLMOS) FIELD (35566500).

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
CondensateDisposition7 bbl$121
GasProduction26,732 Mcf$45,521
Total$45,642

11,924 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 28.0823, -99.7880. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.08226, -99.78799 · centre of the wells drawn, derived

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
5,779 ft
1 wells filed one
Completion to plug
3.3 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 5,779 ft.

Completions filed
Nov 2002
1 of 1 wells
Plug dates filed
Feb 2006
1 of 1 wells

Last completion to plug: a median of 3.3 years across the 1 well that filed both dates, with the middle half between 3.3 years and 3.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47934245M 25,779 ftNov 2002Feb 2006Yes

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 (119)

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

119 months

Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 200209724.583.06$297
Jun 200209623.733.34$320
May 2002010624.663.58$380
Apr 200207723.653.51$270
Mar 2002011822.003.10$366
Feb 200208718.222.38$207
Jan 2002013317.172.38$316
Dec 2001011716.932.36$277
Nov 2001012118.072.41$291
Oct 200109219.782.53$233
Sep 2001011924.262.25$268
Aug 2001012924.873.05$394
Jul 2001011223.933.20$358
Jun 2001015624.563.82$597
May 2001018825.524.31$810
Apr 2001021924.685.34$1,168
Mar 2001017224.545.38$925
Feb 2001019327.755.77$1,113
Jan 2001028427.478.40$2,385
Dec 2000034226.889.12$3,120
Nov 2000018132.215.66$1,024
Oct 2000017331.235.15$890
Sep 2000021131.875.19$1,094
Aug 2000021529.644.54$976
Jul 2000019728.534.09$806
Jun 2000021529.304.40$945
May 2000017027.263.68$626
Apr 2000014624.513.12$455
Mar 2000019828.422.86$566
Feb 2000021527.622.73$586
Jan 2000020625.272.48$511
Dec 1999023924.282.42$579
Nov 1999025623.192.43$623
Oct 1999019420.982.80$544
Sep 1999023221.752.62$608
Aug 1999018919.262.88$543
Jul 1999029517.892.37$700
Jun 199906715.942.36$158
May 199908015.792.32$186
Apr 1999014315.102.21$316
Mar 1999013312.471.84$245
Feb 199901219.981.82$220
Jan 1999010410.381.90$198
Dec 19980919.201.77$161
Nov 1998016810.892.19$367
Oct 1998029612.421.97$583
Sep 1998032412.592.08$675
Aug 1998022411.301.91$427
Jul 1998031711.742.24$709
Jun 1998049511.242.24$1,107
May 1998057512.622.21$1,269
Apr 1998048013.042.51$1,203
Mar 1998055712.802.31$1,286
Feb 1998060113.952.30$1,382
Jan 1998053414.702.15$1,151
Dec 1997022916.322.41$552
Nov 1997027318.193.09$843
Oct 1997023119.253.15$728
Sep 1997023117.742.95$683
Aug 1997022717.862.55$580
Jul 1997026517.582.25$595
Jun 1997026017.242.26$587
May 1997028618.972.31$660
Apr 1997025917.882.08$539
Mar 1997025418.951.94$493
Feb 1997022320.492.21$492
Jan 1997027023.483.54$956
Dec 1996027523.32$0
Nov 1996021821.97$0
Oct 1996013723.31$0
Sep 1996025422.22$0
Aug 1996015320.26$0
Jul 1996018419.55$0
Jun 1996024318.73$0
May 1996024119.43$0
Apr 1996019121.51$0
Mar 199608719.38$0
Feb 1996013616.98$0
Jan 1996015317.07$0
Dec 1995024317.19$0
Nov 1995021516.00$0
Oct 1995023815.43$0
Sep 1995023616.18$0
Aug 1995027915.92$0
Jul 1995026415.24$0
Jun 1995024716.41$0
May 1995027917.56$0
Apr 1995023617.73$0
Mar 1995021316.44$0
Feb 1995021716.58$0
Jan 1995025215.92$0
Dec 1994026015.03$0
Nov 1994027515.90$0
Oct 1994028515.58$0
Sep 1994022715.29$0
Aug 1994014016.13$0
Jul 1994015417.56$0
Jun 1994019917.09$0
May 1994020415.88$0
Apr 1994011714.14$0
Mar 1994017412.46$0
Feb 1994014512.50$0
Jan 199407712.66$0
Dec 1993013112.33$0
Nov 1993018314.49$0
Oct 1993019115.85$0
Sep 1993026115.03$0
Aug 1993028715.66$0
Jul 199314415.46$15
Jun 1993029016.79$0
May 199318217.68$18
Apr 199307918.05$0
Mar 1993150518.14$18
Feb 199321,01717.90$36
Jan 199321,40616.93$34

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 2002 — as filed, then multipliedworked
Condensate             0 bbl  × $ 24.58 =         $0
Gas                   97 Mcf  × $  3.06 =       $297

────────────────────────────────────────────────────
Month total                                     $297

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. 04/G/120158 is the state's own key, not one this site invented.