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 144642District 04Field 355665002 tax incentive programmesCondensateGasSave Export

Value, all time

$514 k

Jan 1993 – Jun 2012

Value, last 12 filed months

at the published price for each month

Months reported

234

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	1993-08-20	128118
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	55 bbl	$982
Gas	Production	162,748 Mcf	$513,341
Total			$514,322

48,721 Mcf of this lease's gas, across 45 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 28.1003, -99.7566. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.10035, -99.75655 · 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

5,788 ft

1 wells filed one

Completion to plug

17.5 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 5,788 ft.

Completions filed

Dec 1994

1 of 1 wells

Plug dates filed

Jun 2012

1 of 1 wells

Last completion to plug: a median of 17.5 years across the 1 well that filed both dates, with the middle half between 17.5 years and 17.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47930238	5G	5,788 ft	Dec 1994	Jun 2012	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 (234)

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

234 months


Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	2	71.44	5.48	$11
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	154	92.53	8.77	$1,351
Jan 2008	0	319	90.38	8.21	$2,618
Dec 2007	0	296	88.33	7.30	$2,161
Nov 2007	0	599	91.67	7.29	$4,368
Oct 2007	0	351	82.85	6.92	$2,430
Sep 2007	0	345	75.84	6.24	$2,154
Aug 2007	0	392	69.06	6.39	$2,504
Jul 2007	0	450	70.90	6.39	$2,875
Jun 2007	0	409	62.00	7.55	$3,087
May 2007	0	127	58.74	7.85	$996
Apr 2007	0	245	59.61	7.81	$1,912
Mar 2007	0	274	56.92	7.30	$2,001
Feb 2007	0	280	55.10	8.22	$2,300
Jan 2007	0	317	50.30	6.73	$2,132
Dec 2006	0	312	56.65	6.92	$2,159
Nov 2006	0	332	54.20	7.62	$2,529
Oct 2006	0	231	54.90	6.01	$1,389
Sep 2006	0	80	60.08	5.04	$403
Aug 2006	0	286	68.71	7.34	$2,099
Jul 2006	0	261	69.37	6.34	$1,655
Jun 2006	0	293	66.28	6.38	$1,870
May 2006	0	373	66.01	6.42	$2,397
Apr 2006	0	340	64.39	7.36	$2,503
Mar 2006	0	546	56.70	7.08	$3,867
Feb 2006	0	565	57.59	7.75	$4,379
Jan 2006	0	675	60.59	8.93	$6,030
Dec 2005	0	716	54.94	13.42	$9,605
Nov 2005	0	821	54.69	10.59	$8,693
Oct 2005	0	772	58.34	13.80	$10,650
Sep 2005	0	826	61.45	12.08	$9,977
Aug 2005	0	800	61.51	9.80	$7,837
Jul 2005	0	694	55.69	7.84	$5,443
Jun 2005	0	743	52.33	7.38	$5,484
May 2005	0	920	45.22	6.65	$6,119
Apr 2005	0	915	49.20	7.36	$6,735
Mar 2005	0	1,004	50.37	7.15	$7,184
Feb 2005	0	1,250	45.22	6.31	$7,890
Jan 2005	0	3,223	43.16	6.32	$20,376
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	388	45.28	6.33	$2,456
Oct 2004	0	575	49.70	6.52	$3,746
Sep 2004	0	666	43.24	5.28	$3,519
Aug 2004	0	547	42.37	5.55	$3,036
Jul 2004	0	531	38.28	6.08	$3,231
Jun 2004	0	568	36.10	6.43	$3,654
May 2004	0	655	37.48	6.49	$4,254
Apr 2004	0	748	34.47	5.86	$4,382
Mar 2004	0	986	34.36	5.53	$5,453
Feb 2004	0	888	32.45	5.51	$4,893
Jan 2004	0	1,070	32.03	6.30	$6,741
Dec 2003	0	1,305	30.26	6.30	$8,224
Nov 2003	0	923	28.80	4.60	$4,241
Oct 2003	0	1,152	28.17	4.76	$5,483
Sep 2003	0	1,250	26.31	4.75	$5,937
Aug 2003	0	1,193	29.76	5.13	$6,120
Jul 2003	0	1,226	29.41	5.17	$6,339
Jun 2003	0	1,460	28.56	5.98	$8,735
May 2003	0	1,449	26.59	5.97	$8,654
Apr 2003	0	1,078	26.67	5.41	$5,829
Mar 2003	0	1,058	31.14	6.10	$6,450
Feb 2003	0	995	33.48	7.93	$7,886
Jan 2003	0	1,052	30.31	5.58	$5,872
Dec 2002	0	366	26.91	4.85	$1,776
Nov 2002	0	1,113	24.66	4.14	$4,604
Oct 2002	0	1,194	26.46	4.23	$5,050
Sep 2002	0	1,144	27.44	3.64	$4,159
Aug 2002	0	1,212	25.96	3.16	$3,835
Jul 2002	0	1,298	24.58	3.06	$3,974
Jun 2002	0	1,268	23.73	3.34	$4,233
May 2002	0	1,220	24.66	3.58	$4,372
Apr 2002	0	1,109	23.65	3.51	$3,895
Mar 2002	0	1,445	22.00	3.10	$4,483
Feb 2002	0	1,263	18.22	2.38	$3,000
Jan 2002	0	1,453	17.17	2.38	$3,452
Dec 2001	0	1,349	16.93	2.36	$3,190
Nov 2001	0	1,079	18.07	2.41	$2,596
Oct 2001	0	828	19.78	2.53	$2,094
Sep 2001	0	1,060	24.26	2.25	$2,386
Aug 2001	0	1,138	24.87	3.05	$3,475
Jul 2001	0	858	23.93	3.20	$2,743
Jun 2001	0	991	24.56	3.82	$3,790
May 2001	0	948	25.52	4.31	$4,083
Apr 2001	0	873	24.68	5.34	$4,658
Mar 2001	0	686	24.54	5.38	$3,688
Feb 2001	0	859	27.75	5.77	$4,954
Jan 2001	0	1,165	27.47	8.40	$9,785
Dec 2000	0	754	26.88	9.12	$6,878
Nov 2000	0	730	32.21	5.66	$4,130
Oct 2000	0	859	31.23	5.15	$4,420
Sep 2000	0	677	31.87	5.19	$3,511
Aug 2000	0	939	29.64	4.54	$4,264
Jul 2000	0	953	28.53	4.09	$3,898
Jun 2000	0	839	29.30	4.40	$3,689
May 2000	0	778	27.26	3.68	$2,863
Apr 2000	0	734	24.51	3.12	$2,287
Mar 2000	0	740	28.42	2.86	$2,116
Feb 2000	0	743	27.62	2.73	$2,026
Jan 2000	0	748	25.27	2.48	$1,855
Dec 1999	0	810	24.28	2.42	$1,963
Nov 1999	0	478	23.19	2.43	$1,163
Oct 1999	0	528	20.98	2.80	$1,480
Sep 1999	0	772	21.75	2.62	$2,022
Aug 1999	0	755	19.26	2.88	$2,171
Jul 1999	0	934	17.89	2.37	$2,216
Jun 1999	0	633	15.94	2.36	$1,495
May 1999	0	1,096	15.79	2.32	$2,544
Apr 1999	0	1,279	15.10	2.21	$2,824
Mar 1999	0	1,250	12.47	1.84	$2,298
Feb 1999	0	1,079	9.98	1.82	$1,961
Jan 1999	0	1,308	10.38	1.90	$2,485
Dec 1998	0	1,285	9.20	1.77	$2,279
Nov 1998	0	1,113	10.89	2.19	$2,433
Oct 1998	0	811	12.42	1.97	$1,597
Sep 1998	0	863	12.59	2.08	$1,797
Aug 1998	0	949	11.30	1.91	$1,810
Jul 1998	0	1,086	11.74	2.24	$2,430
Jun 1998	0	1,126	11.24	2.24	$2,519
May 1998	0	1,121	12.62	2.21	$2,473
Apr 1998	0	1,091	13.04	2.51	$2,733
Mar 1998	0	1,188	12.80	2.31	$2,744
Feb 1998	0	992	13.95	2.30	$2,281
Jan 1998	0	1,043	14.70	2.15	$2,247
Dec 1997	0	1,560	16.32	2.41	$3,761
Nov 1997	0	294	18.19	3.09	$908
Oct 1997	0	1,238	19.25	3.15	$3,899
Sep 1997	0	1,151	17.74	2.95	$3,401
Aug 1997	0	1,270	17.86	2.55	$3,245
Jul 1997	0	1,048	17.58	2.25	$2,355
Jun 1997	0	856	17.24	2.26	$1,932
May 1997	0	913	18.97	2.31	$2,108
Apr 1997	0	892	17.88	2.08	$1,858
Mar 1997	0	882	18.95	1.94	$1,710
Feb 1997	0	793	20.49	2.21	$1,749
Jan 1997	0	826	23.48	3.54	$2,924
Dec 1996	0	905	23.32	—	$0
Nov 1996	0	853	21.97	—	$0
Oct 1996	0	894	23.31	—	$0
Sep 1996	0	835	22.22	—	$0
Aug 1996	0	822	20.26	—	$0
Jul 1996	0	844	19.55	—	$0
Jun 1996	0	886	18.73	—	$0
May 1996	0	921	19.43	—	$0
Apr 1996	0	915	21.51	—	$0
Mar 1996	0	932	19.38	—	$0
Feb 1996	0	0	16.98	—	$0
Jan 1996	0	924	17.07	—	$0
Dec 1995	0	972	17.19	—	$0
Nov 1995	0	1,004	16.00	—	$0
Oct 1995	0	1,991	15.43	—	$0
Sep 1995	0	968	16.18	—	$0
Aug 1995	0	1,523	15.92	—	$0
Jul 1995	0	12	15.24	—	$0
Jun 1995	0	0	16.41	—	$0
May 1995	0	846	17.56	—	$0
Apr 1995	0	1,088	17.73	—	$0
Mar 1995	0	986	16.44	—	$0
Feb 1995	0	1,004	16.58	—	$0
Jan 1995	0	1,157	15.92	—	$0
Dec 1994	0	1,200	15.03	—	$0
Nov 1994	0	1,264	15.90	—	$0
Oct 1994	0	1,313	15.58	—	$0
Sep 1994	0	1,392	15.29	—	$0
Aug 1994	0	811	16.13	—	$0
Jul 1994	0	1,456	17.56	—	$0
Jun 1994	0	1,075	17.09	—	$0
May 1994	0	1,097	15.88	—	$0
Apr 1994	0	1,206	14.14	—	$0
Mar 1994	0	1,467	12.46	—	$0
Feb 1994	0	1,289	12.50	—	$0
Jan 1994	0	1,109	12.66	—	$0
Dec 1993	0	910	12.33	—	$0
Nov 1993	0	1,464	14.49	—	$0
Oct 1993	0	883	15.85	—	$0
Sep 1993	0	1,239	15.03	—	$0
Aug 1993	1	1,045	15.66	—	$16
Jul 1993	2	788	15.46	—	$31
Jun 1993	0	1,473	16.79	—	$0
May 1993	4	1,537	17.68	—	$71
Apr 1993	20	1,545	18.05	—	$361
Mar 1993	13	847	18.14	—	$236
Feb 1993	14	1,029	17.90	—	$251
Jan 1993	1	0	16.93	—	$17

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.

Dec 2009 — as filed, then multipliedworked

Condensate             0 bbl  × $ 71.44 =         $0
Gas                    2 Mcf  × $  5.48 =        $11

────────────────────────────────────────────────────
Month total                                      $11

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/144642 is the state's own key, not one this site invented.