GATES RANCH COMPANY

Name: GATES RANCH COMPANY 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 144626District 04Field 355665002 tax incentive programmesCondensateGasSave Export

Value, all time

$569 k

Jan 1993 – May 2016

Value, last 12 filed months

$53

at the published price for each month

Months reported

281

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
High Cost Gas	1	1	1993-06-05	126687
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	2,947 bbl	$66,686
Gas	Production	222,339 Mcf	$502,310
Total			$568,996

105,291 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 28.0924, -99.8029. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.09245, -99.80292 · 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

5,750 ft

1 wells filed one

Completion to plug

21.9 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 5,750 ft.

Completions filed

Oct 1992

1 of 1 wells

Plug dates filed

Sep 2014

1 of 1 wells

Last completion to plug: a median of 21.9 years across the 1 well that filed both dates, with the middle half between 21.9 years and 21.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47932187	H 3	5,750 ft	Oct 1992	Sep 2014	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 (281)

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

281 months


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	2	0	26.47	2.06	$53
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	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	31	97.42	3.78	$117
Sep 2013	0	99	104.11	3.72	$368
Aug 2013	0	11	104.25	3.52	$39
Jul 2013	0	23	102.52	3.72	$86
Jun 2013	0	20	94.40	3.93	$79
May 2013	0	37	94.83	4.15	$154
Apr 2013	0	22	93.96	4.28	$94
Mar 2013	0	25	93.62	3.91	$98
Feb 2013	0	23	91.23	3.42	$79
Jan 2013	0	25	91.60	3.42	$86
Dec 2012	0	39	86.77	3.42	$133
Nov 2012	0	47	86.95	3.62	$170
Oct 2012	0	43	89.38	3.40	$146
Sep 2012	0	38	94.67	2.92	$111
Aug 2012	0	46	92.66	2.91	$134
Jul 2012	1	52	85.13	3.02	$242
Jun 2012	0	77	79.82	2.52	$194
May 2012	0	85	91.61	2.49	$212
Apr 2012	0	117	101.65	2.00	$234
Mar 2012	0	79	105.05	2.22	$176
Feb 2012	0	110	101.10	2.57	$283
Jan 2012	0	124	98.09	2.73	$339
Dec 2011	0	166	96.87	3.24	$538
Nov 2011	0	152	95.72	3.31	$503
Oct 2011	0	111	84.98	3.65	$405
Sep 2011	0	69	83.62	3.99	$275
Aug 2011	0	154	83.40	4.15	$639
Jul 2011	0	132	94.14	4.52	$596
Jun 2011	0	122	92.90	4.64	$566
May 2011	0	144	98.13	4.40	$634
Apr 2011	0	165	105.96	4.33	$715
Mar 2011	0	218	96.36	4.06	$885
Feb 2011	0	175	85.64	4.18	$732
Jan 2011	0	213	86.50	4.59	$977
Dec 2010	0	134	85.73	4.35	$583
Nov 2010	0	166	80.84	3.80	$630
Oct 2010	0	169	78.10	3.51	$593
Sep 2010	0	128	72.63	3.98	$509
Aug 2010	0	166	73.68	4.42	$734
Jul 2010	0	93	72.55	4.74	$440
Jun 2010	0	182	70.36	4.91	$894
May 2010	0	163	71.12	4.24	$690
Apr 2010	0	167	81.69	4.12	$688
Mar 2010	0	181	78.39	4.39	$794
Feb 2010	0	169	73.58	5.44	$920
Jan 2010	0	190	74.36	5.96	$1,133
Dec 2009	0	164	71.44	5.48	$899
Nov 2009	0	183	74.59	3.75	$687
Oct 2009	0	164	72.54	4.11	$674
Sep 2009	0	163	65.54	3.06	$500
Aug 2009	0	184	67.42	3.22	$592
Jul 2009	0	186	61.13	3.46	$644
Jun 2009	0	191	66.16	3.90	$744
May 2009	1	157	54.74	3.93	$671
Apr 2009	1	209	46.77	3.59	$797
Mar 2009	1	138	42.14	4.06	$602
Feb 2009	0	201	32.81	4.63	$931
Jan 2009	0	283	35.86	5.37	$1,520
Dec 2008	0	263	37.10	5.98	$1,572
Nov 2008	0	271	55.49	6.86	$1,859
Oct 2008	0	408	75.24	6.92	$2,824
Sep 2008	0	315	101.76	7.88	$2,481
Aug 2008	0	307	114.22	8.48	$2,604
Jul 2008	0	318	131.08	11.39	$3,622
Jun 2008	0	144	131.33	13.03	$1,877
May 2008	0	518	123.17	11.57	$5,995
Apr 2008	0	398	110.31	10.45	$4,161
Mar 2008	0	419	101.90	9.66	$4,049
Feb 2008	0	380	92.53	8.77	$3,333
Jan 2008	0	590	90.38	8.21	$4,841
Dec 2007	0	500	88.33	7.30	$3,651
Nov 2007	0	843	91.67	7.29	$6,147
Oct 2007	0	420	82.85	6.92	$2,907
Sep 2007	0	406	75.84	6.24	$2,535
Aug 2007	0	224	69.06	6.39	$1,431
Jul 2007	0	384	70.90	6.39	$2,453
Jun 2007	0	226	62.00	7.55	$1,706
May 2007	0	215	58.74	7.85	$1,687
Apr 2007	0	306	59.61	7.81	$2,388
Mar 2007	0	311	56.92	7.30	$2,271
Feb 2007	0	334	55.10	8.22	$2,744
Jan 2007	0	257	50.30	6.73	$1,729
Dec 2006	0	269	56.65	6.92	$1,861
Nov 2006	0	239	54.20	7.62	$1,821
Oct 2006	0	186	54.90	6.01	$1,119
Sep 2006	0	92	60.08	5.04	$463
Aug 2006	0	241	68.71	7.34	$1,769
Jul 2006	0	237	69.37	6.34	$1,503
Jun 2006	0	232	66.28	6.38	$1,481
May 2006	0	274	66.01	6.42	$1,760
Apr 2006	0	159	64.39	7.36	$1,170
Mar 2006	0	284	56.70	7.08	$2,012
Feb 2006	0	432	57.59	7.75	$3,348
Jan 2006	0	313	60.59	8.93	$2,796
Dec 2005	0	350	54.94	13.42	$4,695
Nov 2005	0	336	54.69	10.59	$3,558
Oct 2005	0	302	58.34	13.80	$4,166
Sep 2005	0	325	61.45	12.08	$3,926
Aug 2005	0	237	61.51	9.80	$2,322
Jul 2005	0	281	55.69	7.84	$2,204
Jun 2005	0	335	52.33	7.38	$2,473
May 2005	0	413	45.22	6.65	$2,747
Apr 2005	0	385	49.20	7.36	$2,834
Mar 2005	0	693	50.37	7.15	$4,958
Feb 2005	0	192	45.22	6.31	$1,212
Jan 2005	0	218	43.16	6.32	$1,378
Dec 2004	0	691	39.86	6.75	$4,665
Nov 2004	0	724	45.28	6.33	$4,583
Oct 2004	0	668	49.70	6.52	$4,352
Sep 2004	0	819	43.24	5.28	$4,328
Aug 2004	0	773	42.37	5.55	$4,291
Jul 2004	0	718	38.28	6.08	$4,368
Jun 2004	0	694	36.10	6.43	$4,465
May 2004	0	732	37.48	6.49	$4,754
Apr 2004	1	739	34.47	5.86	$4,364
Mar 2004	0	771	34.36	5.53	$4,264
Feb 2004	0	763	32.45	5.51	$4,204
Jan 2004	0	837	32.03	6.30	$5,273
Dec 2003	0	810	30.26	6.30	$5,104
Nov 2003	0	799	28.80	4.60	$3,672
Oct 2003	8	786	28.17	4.76	$3,966
Sep 2003	0	817	26.31	4.75	$3,880
Aug 2003	17	907	29.76	5.13	$5,159
Jul 2003	0	917	29.41	5.17	$4,742
Jun 2003	0	974	28.56	5.98	$5,827
May 2003	60	871	26.59	5.97	$6,798
Apr 2003	0	675	26.67	5.41	$3,650
Mar 2003	69	868	31.14	6.10	$7,440
Feb 2003	69	784	33.48	7.93	$8,524
Jan 2003	65	909	30.31	5.58	$7,044
Dec 2002	0	789	26.91	4.85	$3,830
Nov 2002	0	880	24.66	4.14	$3,641
Oct 2002	60	923	26.46	4.23	$5,491
Sep 2002	0	845	27.44	3.64	$3,072
Aug 2002	60	895	25.96	3.16	$4,390
Jul 2002	0	969	24.58	3.06	$2,967
Jun 2002	20	810	23.73	3.34	$3,179
May 2002	58	905	24.66	3.58	$4,674
Apr 2002	0	838	23.65	3.51	$2,943
Mar 2002	62	853	22.00	3.10	$4,011
Feb 2002	62	617	18.22	2.38	$2,595
Jan 2002	0	718	17.17	2.38	$1,706
Dec 2001	61	858	16.93	2.36	$3,061
Nov 2001	64	876	18.07	2.41	$3,264
Oct 2001	63	939	19.78	2.53	$3,621
Sep 2001	0	713	24.26	2.25	$1,605
Aug 2001	0	967	24.87	3.05	$2,952
Jul 2001	58	979	23.93	3.20	$4,518
Jun 2001	0	907	24.56	3.82	$3,469
May 2001	54	1,026	25.52	4.31	$5,797
Apr 2001	52	966	24.68	5.34	$6,437
Mar 2001	113	1,025	24.54	5.38	$8,284
Feb 2001	60	937	27.75	5.77	$7,069
Jan 2001	61	974	27.47	8.40	$9,856
Dec 2000	0	925	26.88	9.12	$8,438
Nov 2000	70	965	32.21	5.66	$7,715
Oct 2000	61	960	31.23	5.15	$6,845
Sep 2000	56	1,040	31.87	5.19	$7,179
Aug 2000	52	1,135	29.64	4.54	$6,695
Jul 2000	0	1,037	28.53	4.09	$4,241
Jun 2000	55	1,140	29.30	4.40	$6,624
May 2000	112	1,244	27.26	3.68	$7,631
Apr 2000	0	1,140	24.51	3.12	$3,552
Mar 2000	0	967	28.42	2.86	$2,765
Feb 2000	100	1,022	27.62	2.73	$5,548
Jan 2000	0	1,112	25.27	2.48	$2,758
Dec 1999	34	1,207	24.28	2.42	$3,751
Nov 1999	0	912	23.19	2.43	$2,220
Oct 1999	36	1,045	20.98	2.80	$3,685
Sep 1999	0	1,057	21.75	2.62	$2,768
Aug 1999	0	1,018	19.26	2.88	$2,927
Jul 1999	38	1,145	17.89	2.37	$3,396
Jun 1999	0	1,067	15.94	2.36	$2,520
May 1999	38	1,043	15.79	2.32	$3,021
Apr 1999	0	942	15.10	2.21	$2,080
Mar 1999	37	976	12.47	1.84	$2,256
Feb 1999	0	894	9.98	1.82	$1,625
Jan 1999	0	891	10.38	1.90	$1,693
Dec 1998	71	825	9.20	1.77	$2,116
Nov 1998	0	937	10.89	2.19	$2,048
Oct 1998	0	979	12.42	1.97	$1,928
Sep 1998	0	876	12.59	2.08	$1,824
Aug 1998	0	987	11.30	1.91	$1,883
Jul 1998	18	1,169	11.74	2.24	$2,827
Jun 1998	0	1,149	11.24	2.24	$2,571
May 1998	0	1,184	12.62	2.21	$2,612
Apr 1998	41	1,181	13.04	2.51	$3,493
Mar 1998	47	1,226	12.80	2.31	$3,433
Feb 1998	0	1,160	13.95	2.30	$2,667
Jan 1998	49	1,345	14.70	2.15	$3,618
Dec 1997	0	1,622	16.32	2.41	$3,911
Nov 1997	0	1,324	18.19	3.09	$4,089
Oct 1997	47	1,297	19.25	3.15	$4,990
Sep 1997	0	1,239	17.74	2.95	$3,661
Aug 1997	42	1,269	17.86	2.55	$3,992
Jul 1997	0	1,282	17.58	2.25	$2,881
Jun 1997	0	1,346	17.24	2.26	$3,038
May 1997	77	1,322	18.97	2.31	$4,513
Apr 1997	0	1,305	17.88	2.08	$2,718
Mar 1997	38	1,314	18.95	1.94	$3,268
Feb 1997	41	1,260	20.49	2.21	$3,620
Jan 1997	0	1,404	23.48	3.54	$4,970
Dec 1996	45	1,412	23.32	—	$1,049
Nov 1996	0	1,353	21.97	—	$0
Oct 1996	40	1,420	23.31	—	$932
Sep 1996	40	1,383	22.22	—	$889
Aug 1996	0	1,449	20.26	—	$0
Jul 1996	0	1,526	19.55	—	$0
Jun 1996	37	1,368	18.73	—	$693
May 1996	36	1,463	19.43	—	$699
Apr 1996	0	1,477	21.51	—	$0
Mar 1996	79	1,449	19.38	—	$1,531
Feb 1996	40	1,358	16.98	—	$679
Jan 1996	39	1,517	17.07	—	$666
Dec 1995	0	1,566	17.19	—	$0
Nov 1995	41	1,576	16.00	—	$656
Oct 1995	39	1,630	15.43	—	$602
Sep 1995	29	1,545	16.18	—	$469
Aug 1995	27	1,710	15.92	—	$430
Jul 1995	0	1,720	15.24	—	$0
Jun 1995	26	1,705	16.41	—	$427
May 1995	0	1,711	17.56	—	$0
Apr 1995	24	1,568	17.73	—	$426
Mar 1995	23	1,420	16.44	—	$378
Feb 1995	19	1,447	16.58	—	$315
Jan 1995	0	1,668	15.92	—	$0
Dec 1994	0	1,729	15.03	—	$0
Nov 1994	0	1,821	15.90	—	$0
Oct 1994	0	1,893	15.58	—	$0
Sep 1994	0	1,912	15.29	—	$0
Aug 1994	0	2,205	16.13	—	$0
Jul 1994	0	2,215	17.56	—	$0
Jun 1994	0	2,296	17.09	—	$0
May 1994	0	2,342	15.88	—	$0
Apr 1994	0	2,230	14.14	—	$0
Mar 1994	0	2,103	12.46	—	$0
Feb 1994	0	2,011	12.50	—	$0
Jan 1994	0	2,276	12.66	—	$0
Dec 1993	0	1,951	12.33	—	$0
Nov 1993	0	2,182	14.49	—	$0
Oct 1993	0	2,406	15.85	—	$0
Sep 1993	0	2,655	15.03	—	$0
Aug 1993	0	2,522	15.66	—	$0
Jul 1993	0	2,568	15.46	—	$0
Jun 1993	0	3,289	16.79	—	$0
May 1993	0	3,681	17.68	—	$0
Apr 1993	0	4,009	18.05	—	$0
Mar 1993	0	4,653	18.14	—	$0
Feb 1993	0	6,880	17.90	—	$0
Jan 1993	0	7,021	16.93	—	$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.

Feb 2016 — as filed, then multipliedworked

Condensate             2 bbl  × $ 26.47 =        $53
Gas                    0 Mcf  × $  2.06 =         $0

────────────────────────────────────────────────────
Month total                                      $53

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/144626 is the state's own key, not one this site invented.