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 ROSETTA RESOURCES OPERATING LP (P-5 728883) in the GOLD RIVER, NORTH (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 143747District 04Field 35566500NGPA filingCondensateGasSave Export

Value, all time

$271 k

Jan 1993 – Jul 2016

Value, last 12 filed months

$106

at the published price for each month

Months reported

283

no gaps in the span

Streams

condensate, gas

The GOLD RIVER, NORTH (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 830 leases and 840 wells, and the rule below applies to all of them.

Discovered

1978-10-01

as the register files it

Field class

Oil and gas

the register's own label

Between wells

933 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2005-10-25.

The Commission's schedule remark for this field reads: “REMAIN SUSPENDED.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	58 bbl	$1,378
Gas	Production	78,032 Mcf	$269,209
Total			$270,587

22,655 Mcf of this lease's gas, across 47 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 28.1106, -99.7905. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.11059, -99.79054 · 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

5,700 ft

1 wells filed one

Completion to plug

23.6 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 5,700 ft.

Completions filed

Dec 1992

1 of 1 wells

Plug dates filed

Jul 2016

1 of 1 wells

Last completion to plug: a median of 23.6 years across the 1 well that filed both dates, with the middle half between 23.6 years and 23.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47932019	D 7	5,700 ft	Dec 1992	Jul 2016	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 (283)

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

283 months


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	4	0	26.47	2.06	$106
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	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	35	90.40	4.86	$170
Dec 2013	0	259	91.82	4.35	$1,128
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	125	97.42	3.78	$472
Sep 2013	0	79	104.11	3.72	$294
Aug 2013	0	35	104.25	3.52	$123
Jul 2013	0	71	102.52	3.72	$264
Jun 2013	0	23	94.40	3.93	$90
May 2013	0	20	94.83	4.15	$83
Apr 2013	0	14	93.96	4.28	$60
Mar 2013	0	11	93.62	3.91	$43
Feb 2013	0	23	91.23	3.42	$79
Jan 2013	0	38	91.60	3.42	$130
Dec 2012	0	43	86.77	3.42	$147
Nov 2012	0	72	86.95	3.62	$261
Oct 2012	0	109	89.38	3.40	$371
Sep 2012	0	185	94.67	2.92	$540
Aug 2012	0	254	92.66	2.91	$739
Jul 2012	0	248	85.13	3.02	$749
Jun 2012	0	178	79.82	2.52	$448
May 2012	1	138	91.61	2.49	$435
Apr 2012	0	164	101.65	2.00	$327
Mar 2012	0	296	105.05	2.22	$658
Feb 2012	1	336	101.10	2.57	$965
Jan 2012	0	311	98.09	2.73	$850
Dec 2011	0	290	96.87	3.24	$940
Nov 2011	0	243	95.72	3.31	$805
Oct 2011	0	201	84.98	3.65	$733
Sep 2011	0	363	83.62	3.99	$1,447
Aug 2011	0	278	83.40	4.15	$1,154
Jul 2011	0	210	94.14	4.52	$949
Jun 2011	0	296	92.90	4.64	$1,373
May 2011	0	263	98.13	4.40	$1,158
Apr 2011	0	159	105.96	4.33	$689
Mar 2011	0	257	96.36	4.06	$1,043
Feb 2011	0	176	85.64	4.18	$736
Jan 2011	0	303	86.50	4.59	$1,390
Dec 2010	0	266	85.73	4.35	$1,157
Nov 2010	0	295	80.84	3.80	$1,120
Oct 2010	0	262	78.10	3.51	$919
Sep 2010	0	272	72.63	3.98	$1,082
Aug 2010	0	324	73.68	4.42	$1,432
Jul 2010	0	206	72.55	4.74	$976
Jun 2010	0	264	70.36	4.91	$1,296
May 2010	2	309	71.12	4.24	$1,451
Apr 2010	0	296	81.69	4.12	$1,220
Mar 2010	0	277	78.39	4.39	$1,216
Feb 2010	0	205	73.58	5.44	$1,116
Jan 2010	0	229	74.36	5.96	$1,366
Dec 2009	1	308	71.44	5.48	$1,760
Nov 2009	0	221	74.59	3.75	$829
Oct 2009	0	232	72.54	4.11	$954
Sep 2009	0	295	65.54	3.06	$904
Aug 2009	0	254	67.42	3.22	$818
Jul 2009	0	229	61.13	3.46	$793
Jun 2009	0	260	66.16	3.90	$1,013
May 2009	0	363	54.74	3.93	$1,425
Apr 2009	0	240	46.77	3.59	$861
Mar 2009	0	238	42.14	4.06	$966
Feb 2009	0	180	32.81	4.63	$834
Jan 2009	0	235	35.86	5.37	$1,262
Dec 2008	0	315	37.10	5.98	$1,883
Nov 2008	0	245	55.49	6.86	$1,681
Oct 2008	0	255	75.24	6.92	$1,765
Sep 2008	0	224	101.76	7.88	$1,764
Aug 2008	0	273	114.22	8.48	$2,316
Jul 2008	0	257	131.08	11.39	$2,927
Jun 2008	0	161	131.33	13.03	$2,098
May 2008	0	180	123.17	11.57	$2,083
Apr 2008	0	200	110.31	10.45	$2,091
Mar 2008	0	198	101.90	9.66	$1,913
Feb 2008	0	154	92.53	8.77	$1,351
Jan 2008	0	212	90.38	8.21	$1,740
Dec 2007	0	177	88.33	7.30	$1,292
Nov 2007	0	156	91.67	7.29	$1,138
Oct 2007	0	182	82.85	6.92	$1,260
Sep 2007	0	246	75.84	6.24	$1,536
Aug 2007	0	280	69.06	6.39	$1,789
Jul 2007	0	271	70.90	6.39	$1,731
Jun 2007	0	277	62.00	7.55	$2,091
May 2007	0	311	58.74	7.85	$2,440
Apr 2007	0	312	59.61	7.81	$2,435
Mar 2007	0	324	56.92	7.30	$2,366
Feb 2007	0	329	55.10	8.22	$2,703
Jan 2007	0	299	50.30	6.73	$2,011
Dec 2006	0	222	56.65	6.92	$1,536
Nov 2006	0	185	54.20	7.62	$1,409
Oct 2006	0	285	54.90	6.01	$1,714
Sep 2006	0	319	60.08	5.04	$1,607
Aug 2006	0	261	68.71	7.34	$1,916
Jul 2006	0	186	69.37	6.34	$1,180
Jun 2006	0	293	66.28	6.38	$1,870
May 2006	0	237	66.01	6.42	$1,523
Apr 2006	0	216	64.39	7.36	$1,590
Mar 2006	0	285	56.70	7.08	$2,019
Feb 2006	0	264	57.59	7.75	$2,046
Jan 2006	0	326	60.59	8.93	$2,912
Dec 2005	0	322	54.94	13.42	$4,320
Nov 2005	0	349	54.69	10.59	$3,695
Oct 2005	0	362	58.34	13.80	$4,994
Sep 2005	0	328	61.45	12.08	$3,962
Aug 2005	0	321	61.51	9.80	$3,145
Jul 2005	0	328	55.69	7.84	$2,573
Jun 2005	0	296	52.33	7.38	$2,185
May 2005	0	359	45.22	6.65	$2,388
Apr 2005	0	366	49.20	7.36	$2,694
Mar 2005	0	367	50.37	7.15	$2,626
Feb 2005	0	358	45.22	6.31	$2,260
Jan 2005	0	408	43.16	6.32	$2,579
Dec 2004	0	435	39.86	6.75	$2,937
Nov 2004	0	455	45.28	6.33	$2,880
Oct 2004	0	401	49.70	6.52	$2,613
Sep 2004	0	365	43.24	5.28	$1,929
Aug 2004	0	248	42.37	5.55	$1,377
Jul 2004	0	388	38.28	6.08	$2,361
Jun 2004	0	390	36.10	6.43	$2,509
May 2004	0	370	37.48	6.49	$2,403
Apr 2004	0	351	34.47	5.86	$2,056
Mar 2004	0	363	34.36	5.53	$2,007
Feb 2004	0	398	32.45	5.51	$2,193
Jan 2004	0	350	32.03	6.30	$2,205
Dec 2003	0	395	30.26	6.30	$2,489
Nov 2003	0	305	28.80	4.60	$1,402
Oct 2003	0	330	28.17	4.76	$1,571
Sep 2003	0	310	26.31	4.75	$1,472
Aug 2003	0	332	29.76	5.13	$1,703
Jul 2003	0	341	29.41	5.17	$1,763
Jun 2003	0	311	28.56	5.98	$1,861
May 2003	0	295	26.59	5.97	$1,762
Apr 2003	0	268	26.67	5.41	$1,449
Mar 2003	0	286	31.14	6.10	$1,743
Feb 2003	0	257	33.48	7.93	$2,037
Jan 2003	0	272	30.31	5.58	$1,518
Dec 2002	0	290	26.91	4.85	$1,408
Nov 2002	0	303	24.66	4.14	$1,254
Oct 2002	0	236	26.46	4.23	$998
Sep 2002	0	303	27.44	3.64	$1,101
Aug 2002	0	322	25.96	3.16	$1,019
Jul 2002	0	346	24.58	3.06	$1,059
Jun 2002	0	335	23.73	3.34	$1,118
May 2002	0	362	24.66	3.58	$1,297
Apr 2002	0	323	23.65	3.51	$1,134
Mar 2002	0	292	22.00	3.10	$906
Feb 2002	0	296	18.22	2.38	$703
Jan 2002	0	260	17.17	2.38	$618
Dec 2001	0	287	16.93	2.36	$679
Nov 2001	0	266	18.07	2.41	$640
Oct 2001	0	259	19.78	2.53	$655
Sep 2001	0	234	24.26	2.25	$527
Aug 2001	0	300	24.87	3.05	$916
Jul 2001	0	274	23.93	3.20	$876
Jun 2001	0	297	24.56	3.82	$1,136
May 2001	0	339	25.52	4.31	$1,460
Apr 2001	0	322	24.68	5.34	$1,718
Mar 2001	0	258	24.54	5.38	$1,387
Feb 2001	0	233	27.75	5.77	$1,344
Jan 2001	0	278	27.47	8.40	$2,335
Dec 2000	0	267	26.88	9.12	$2,436
Nov 2000	0	244	32.21	5.66	$1,381
Oct 2000	0	323	31.23	5.15	$1,662
Sep 2000	0	286	31.87	5.19	$1,483
Aug 2000	0	313	29.64	4.54	$1,421
Jul 2000	0	224	28.53	4.09	$916
Jun 2000	0	0	29.30	4.40	$0
May 2000	0	225	27.26	3.68	$828
Apr 2000	0	372	24.51	3.12	$1,159
Mar 2000	0	331	28.42	2.86	$947
Feb 2000	0	259	27.62	2.73	$706
Jan 2000	0	283	25.27	2.48	$702
Dec 1999	0	314	24.28	2.42	$761
Nov 1999	0	281	23.19	2.43	$684
Oct 1999	0	220	20.98	2.80	$617
Sep 1999	0	276	21.75	2.62	$723
Aug 1999	0	305	19.26	2.88	$877
Jul 1999	0	303	17.89	2.37	$719
Jun 1999	0	276	15.94	2.36	$652
May 1999	0	274	15.79	2.32	$636
Apr 1999	0	197	15.10	2.21	$435
Mar 1999	0	183	12.47	1.84	$336
Feb 1999	0	211	9.98	1.82	$384
Jan 1999	0	247	10.38	1.90	$469
Dec 1998	0	200	9.20	1.77	$355
Nov 1998	0	258	10.89	2.19	$564
Oct 1998	0	259	12.42	1.97	$510
Sep 1998	0	270	12.59	2.08	$562
Aug 1998	0	297	11.30	1.91	$566
Jul 1998	0	288	11.74	2.24	$644
Jun 1998	0	330	11.24	2.24	$738
May 1998	0	379	12.62	2.21	$836
Apr 1998	0	386	13.04	2.51	$967
Mar 1998	0	361	12.80	2.31	$834
Feb 1998	0	288	13.95	2.30	$662
Jan 1998	0	312	14.70	2.15	$672
Dec 1997	0	327	16.32	2.41	$788
Nov 1997	0	374	18.19	3.09	$1,155
Oct 1997	0	454	19.25	3.15	$1,430
Sep 1997	0	447	17.74	2.95	$1,321
Aug 1997	0	403	17.86	2.55	$1,030
Jul 1997	0	386	17.58	2.25	$867
Jun 1997	0	381	17.24	2.26	$860
May 1997	0	393	18.97	2.31	$907
Apr 1997	0	396	17.88	2.08	$825
Mar 1997	0	459	18.95	1.94	$890
Feb 1997	0	413	20.49	2.21	$911
Jan 1997	0	424	23.48	3.54	$1,501
Dec 1996	0	474	23.32	—	$0
Nov 1996	0	447	21.97	—	$0
Oct 1996	0	461	23.31	—	$0
Sep 1996	0	453	22.22	—	$0
Aug 1996	0	481	20.26	—	$0
Jul 1996	0	499	19.55	—	$0
Jun 1996	0	462	18.73	—	$0
May 1996	0	488	19.43	—	$0
Apr 1996	0	462	21.51	—	$0
Mar 1996	0	480	19.38	—	$0
Feb 1996	0	445	16.98	—	$0
Jan 1996	0	504	17.07	—	$0
Dec 1995	0	507	17.19	—	$0
Nov 1995	0	488	16.00	—	$0
Oct 1995	0	489	15.43	—	$0
Sep 1995	0	432	16.18	—	$0
Aug 1995	0	471	15.92	—	$0
Jul 1995	0	464	15.24	—	$0
Jun 1995	0	467	16.41	—	$0
May 1995	0	413	17.56	—	$0
Apr 1995	0	393	17.73	—	$0
Mar 1995	0	391	16.44	—	$0
Feb 1995	0	386	16.58	—	$0
Jan 1995	0	445	15.92	—	$0
Dec 1994	0	474	15.03	—	$0
Nov 1994	0	470	15.90	—	$0
Oct 1994	0	477	15.58	—	$0
Sep 1994	0	453	15.29	—	$0
Aug 1994	0	506	16.13	—	$0
Jul 1994	0	480	17.56	—	$0
Jun 1994	0	491	17.09	—	$0
May 1994	0	489	15.88	—	$0
Apr 1994	0	425	14.14	—	$0
Mar 1994	0	502	12.46	—	$0
Feb 1994	0	440	12.50	—	$0
Jan 1994	0	481	12.66	—	$0
Dec 1993	1	475	12.33	—	$12
Nov 1993	0	496	14.49	—	$0
Oct 1993	1	490	15.85	—	$16
Sep 1993	0	496	15.03	—	$0
Aug 1993	0	521	15.66	—	$0
Jul 1993	3	542	15.46	—	$46
Jun 1993	0	499	16.79	—	$0
May 1993	10	511	17.68	—	$177
Apr 1993	0	483	18.05	—	$0
Mar 1993	32	538	18.14	—	$580
Feb 1993	0	914	17.90	—	$0
Jan 1993	2	0	16.93	—	$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.

Feb 2016 — as filed, then multipliedworked

Condensate             4 bbl  × $ 26.47 =       $106
Gas                    0 Mcf  × $  2.06 =         $0

────────────────────────────────────────────────────
Month total                                     $106

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/143747 is the state's own key, not one this site invented.