GATES RANCH

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

Gas lease lease 143743District 04Field 255645002 tax incentive programmesCondensateGasSaveExport
Value, all time
$26 k
Jan 1993 – May 2002
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
113
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 16 leases and 16 wells, and the rule below applies to all of them.

Discovered
1967-10-30
as the register files it
Field class
Oil and 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 field rule took effect on 1997-07-18.

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

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas111993-07-17128123
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition118 bbl$1,793
GasProduction20,480 Mcf$23,912
Total$25,705

12,613 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 28.0873, -99.7843. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.08727, -99.78427 · 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
5,730 ft
1 wells filed one
Completion to plug
7.1 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 5,730 ft.

Completions filed
May 2002
1 of 1 wells
Plug dates filed
Jun 2009
1 of 1 wells

Last completion to plug: a median of 7.1 years across the 1 well that filed both dates, with the middle half between 7.1 years and 7.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47931854E 105,730 ftMay 2002Jun 2009Yes

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 (113)

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

113 months

May 20020024.663.58$0
Apr 2002010923.653.51$383
Mar 200208322.003.10$258
Feb 200206618.222.38$157
Jan 200208617.172.38$204
Dec 200109016.932.36$213
Nov 200106318.072.41$152
Oct 200107919.782.53$200
Sep 200107424.262.25$167
Aug 2001010224.873.05$311
Jul 200109623.933.20$307
Jun 200109024.563.82$344
May 2001010325.524.31$444
Apr 2001015624.685.34$832
Mar 2001016124.545.38$866
Feb 200109227.755.77$531
Jan 200109227.478.40$773
Dec 2000010226.889.12$931
Nov 2000010332.215.66$583
Oct 2000014031.235.15$720
Sep 200009831.875.19$508
Aug 2000010629.644.54$481
Jul 2000011128.534.09$454
Jun 2000011429.304.40$501
May 2000013527.263.68$497
Apr 200009224.513.12$287
Mar 200009628.422.86$275
Feb 2000013327.622.73$363
Jan 2000012125.272.48$300
Dec 1999012024.282.42$291
Nov 199909523.192.43$231
Oct 1999013520.982.80$379
Sep 1999014221.752.62$372
Aug 1999014119.262.88$405
Jul 1999014817.892.37$351
Jun 1999015015.942.36$354
May 1999015115.792.32$350
Apr 1999017015.102.21$375
Mar 1999011312.471.84$208
Feb 19990909.981.82$164
Jan 199908010.381.90$152
Dec 19980869.201.77$153
Nov 1998016910.892.19$369
Oct 1998012212.421.97$240
Sep 1998012212.592.08$254
Aug 1998017711.301.91$338
Jul 1998021611.742.24$483
Jun 1998014411.242.24$322
May 1998014212.622.21$313
Apr 1998013813.042.51$346
Mar 1998012112.802.31$279
Feb 1998014013.952.30$322
Jan 1998012714.702.15$274
Dec 1997014416.322.41$347
Nov 1997015418.193.09$476
Oct 1997016719.253.15$526
Sep 1997015517.742.95$458
Aug 1997013717.862.55$350
Jul 1997015117.582.25$339
Jun 1997014417.242.26$325
May 199707718.972.31$178
Apr 1997012117.882.08$252
Mar 1997016118.951.94$312
Feb 1997012220.492.21$269
Jan 1997020223.483.54$715
Dec 199608923.32$0
Nov 1996011221.97$0
Oct 1996010223.31$0
Sep 1996012522.22$0
Aug 199608720.26$0
Jul 1996017019.55$0
Jun 1996027618.73$0
May 1996025319.43$0
Apr 1996013221.51$0
Mar 1996015219.38$0
Feb 1996013616.98$0
Jan 1996013717.07$0
Dec 1995016217.19$0
Nov 1995014816.00$0
Oct 1995117915.43$15
Sep 1995316716.18$49
Aug 1995224015.92$32
Jul 1995020515.24$0
Jun 1995222616.41$33
May 1995021317.56$0
Apr 1995112817.73$18
Mar 1995111616.44$16
Feb 1995111916.58$17
Jan 1995113615.92$16
Dec 1994114215.03$15
Nov 1994015015.90$0
Oct 1994315515.58$47
Sep 1994011015.29$0
Aug 199427816.13$32
Jul 1994316917.56$53
Jun 1994323317.09$51
May 1994023715.88$0
Apr 1994713214.14$99
Mar 1994716012.46$87
Feb 19941415612.50$175
Jan 1994014512.66$0
Dec 19931314812.33$160
Nov 1993930214.49$130
Oct 1993721215.85$111
Sep 1993033715.03$0
Aug 1993433815.66$63
Jul 1993518515.46$77
Jun 1993016216.79$0
May 19931077217.68$177
Apr 1993482718.05$72
Mar 1993496218.14$73
Feb 199361,63517.90$107
Jan 199341,05616.93$68

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.

Apr 2002 — as filed, then multipliedworked
Condensate             0 bbl  × $ 23.65 =         $0
Gas                  109 Mcf  × $  3.51 =       $383

────────────────────────────────────────────────────
Month total                                     $383

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/143743 is the state's own key, not one this site invented.