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 BLACKBRUSH O & G, INC. (P-5 73027) 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 144643District 04Field 355665002 tax incentive programmesCondensateGasSave Export

Value, all time

$300 k

Jan 1993 – Feb 2006

Value, last 12 filed months

at the published price for each month

Months reported

158

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	1993-05-07	128132
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	1,153 bbl	$29,796
Gas	Production	157,055 Mcf	$269,902
Total			$299,698

79,757 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 28.0972, -99.8076. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.09723, -99.80763 · 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

13.2 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

Feb 2006

1 of 1 wells

Last completion to plug: a median of 13.2 years across the 1 well that filed both dates, with the middle half between 13.2 years and 13.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47930029	1F	5,700 ft	Dec 1992	Feb 2006	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 (158)

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

158 months


Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	1	0	39.86	6.75	$40
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	3	0	49.70	6.52	$149
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	86	42.37	5.55	$477
Jul 2004	23	102	38.28	6.08	$1,501
Jun 2004	49	309	36.10	6.43	$3,757
May 2004	47	553	37.48	6.49	$5,353
Apr 2004	61	716	34.47	5.86	$6,297
Mar 2004	0	794	34.36	5.53	$4,391
Feb 2004	81	736	32.45	5.51	$6,684
Jan 2004	0	822	32.03	6.30	$5,178
Dec 2003	0	796	30.26	6.30	$5,016
Nov 2003	0	697	28.80	4.60	$3,203
Oct 2003	165	703	28.17	4.76	$7,994
Sep 2003	0	681	26.31	4.75	$3,234
Aug 2003	22	759	29.76	5.13	$4,548
Jul 2003	0	730	29.41	5.17	$3,775
Jun 2003	0	724	28.56	5.98	$4,332
May 2003	12	828	26.59	5.97	$5,264
Apr 2003	0	583	26.67	5.41	$3,152
Mar 2003	15	676	31.14	6.10	$4,588
Feb 2003	16	661	33.48	7.93	$5,775
Jan 2003	15	724	30.31	5.58	$4,496
Dec 2002	0	553	26.91	4.85	$2,684
Nov 2002	0	717	24.66	4.14	$2,966
Oct 2002	15	888	26.46	4.23	$4,152
Sep 2002	0	804	27.44	3.64	$2,923
Aug 2002	13	811	25.96	3.16	$2,904
Jul 2002	0	861	24.58	3.06	$2,636
Jun 2002	5	650	23.73	3.34	$2,289
May 2002	13	811	24.66	3.58	$3,227
Apr 2002	0	729	23.65	3.51	$2,560
Mar 2002	14	760	22.00	3.10	$2,666
Feb 2002	13	590	18.22	2.38	$1,639
Jan 2002	0	659	17.17	2.38	$1,566
Dec 2001	13	662	16.93	2.36	$1,785
Nov 2001	14	697	18.07	2.41	$1,930
Oct 2001	13	803	19.78	2.53	$2,288
Sep 2001	0	645	24.26	2.25	$1,452
Aug 2001	0	856	24.87	3.05	$2,614
Jul 2001	11	777	23.93	3.20	$2,747
Jun 2001	0	763	24.56	3.82	$2,918
May 2001	10	821	25.52	4.31	$3,792
Apr 2001	10	788	24.68	5.34	$4,451
Mar 2001	22	823	24.54	5.38	$4,965
Feb 2001	11	734	27.75	5.77	$4,538
Jan 2001	13	773	27.47	8.40	$6,849
Dec 2000	0	840	26.88	9.12	$7,663
Nov 2000	13	800	32.21	5.66	$4,945
Oct 2000	11	815	31.23	5.15	$4,537
Sep 2000	10	726	31.87	5.19	$4,084
Aug 2000	9	868	29.64	4.54	$4,208
Jul 2000	0	897	28.53	4.09	$3,669
Jun 2000	10	918	29.30	4.40	$4,330
May 2000	19	924	27.26	3.68	$3,918
Apr 2000	0	694	24.51	3.12	$2,163
Mar 2000	0	786	28.42	2.86	$2,248
Feb 2000	20	885	27.62	2.73	$2,965
Jan 2000	0	993	25.27	2.48	$2,463
Dec 1999	8	1,107	24.28	2.42	$2,877
Nov 1999	0	846	23.19	2.43	$2,059
Oct 1999	10	1,111	20.98	2.80	$3,325
Sep 1999	0	1,156	21.75	2.62	$3,027
Aug 1999	0	1,212	19.26	2.88	$3,485
Jul 1999	10	1,282	17.89	2.37	$3,220
Jun 1999	0	1,145	15.94	2.36	$2,705
May 1999	10	1,118	15.79	2.32	$2,753
Apr 1999	0	1,043	15.10	2.21	$2,303
Mar 1999	11	1,044	12.47	1.84	$2,056
Feb 1999	0	1,014	9.98	1.82	$1,843
Jan 1999	0	850	10.38	1.90	$1,615
Dec 1998	19	790	9.20	1.77	$1,576
Nov 1998	0	786	10.89	2.19	$1,718
Oct 1998	0	936	12.42	1.97	$1,843
Sep 1998	0	1,008	12.59	2.08	$2,099
Aug 1998	0	964	11.30	1.91	$1,839
Jul 1998	6	1,090	11.74	2.24	$2,509
Jun 1998	0	1,158	11.24	2.24	$2,591
May 1998	0	1,340	12.62	2.21	$2,957
Apr 1998	12	1,146	13.04	2.51	$3,028
Mar 1998	18	1,404	12.80	2.31	$3,473
Feb 1998	0	1,523	13.95	2.30	$3,502
Jan 1998	11	1,519	14.70	2.15	$3,435
Dec 1997	0	154	16.32	2.41	$371
Nov 1997	0	348	18.19	3.09	$1,075
Oct 1997	5	243	19.25	3.15	$862
Sep 1997	0	270	17.74	2.95	$798
Aug 1997	7	583	17.86	2.55	$1,614
Jul 1997	0	683	17.58	2.25	$1,535
Jun 1997	0	994	17.24	2.26	$2,244
May 1997	25	1,349	18.97	2.31	$3,588
Apr 1997	0	1,351	17.88	2.08	$2,814
Mar 1997	13	1,377	18.95	1.94	$2,917
Feb 1997	12	1,181	20.49	2.21	$2,851
Jan 1997	0	1,372	23.48	3.54	$4,856
Dec 1996	13	1,190	23.32	—	$303
Nov 1996	0	1,180	21.97	—	$0
Oct 1996	12	1,233	23.31	—	$280
Sep 1996	13	1,221	22.22	—	$289
Aug 1996	0	1,184	20.26	—	$0
Jul 1996	0	1,456	19.55	—	$0
Jun 1996	11	1,174	18.73	—	$206
May 1996	12	1,276	19.43	—	$233
Apr 1996	0	1,242	21.51	—	$0
Mar 1996	23	1,225	19.38	—	$446
Feb 1996	12	1,177	16.98	—	$204
Jan 1996	12	1,290	17.07	—	$205
Dec 1995	0	1,513	17.19	—	$0
Nov 1995	14	1,608	16.00	—	$224
Oct 1995	13	1,659	15.43	—	$201
Sep 1995	10	1,529	16.18	—	$162
Aug 1995	9	1,709	15.92	—	$143
Jul 1995	0	1,691	15.24	—	$0
Jun 1995	10	1,744	16.41	—	$164
May 1995	0	1,708	17.56	—	$0
Apr 1995	8	1,628	17.73	—	$142
Mar 1995	7	1,474	16.44	—	$115
Feb 1995	5	1,503	16.58	—	$83
Jan 1995	0	1,732	15.92	—	$0
Dec 1994	0	1,794	15.03	—	$0
Nov 1994	0	1,891	15.90	—	$0
Oct 1994	0	1,965	15.58	—	$0
Sep 1994	0	2,171	15.29	—	$0
Aug 1994	0	2,057	16.13	—	$0
Jul 1994	0	2,113	17.56	—	$0
Jun 1994	0	2,034	17.09	—	$0
May 1994	0	2,075	15.88	—	$0
Apr 1994	0	1,927	14.14	—	$0
Mar 1994	0	2,356	12.46	—	$0
Feb 1994	0	1,775	12.50	—	$0
Jan 1994	0	2,098	12.66	—	$0
Dec 1993	0	1,624	12.33	—	$0
Nov 1993	0	1,703	14.49	—	$0
Oct 1993	0	1,756	15.85	—	$0
Sep 1993	0	1,757	15.03	—	$0
Aug 1993	0	1,419	15.66	—	$0
Jul 1993	0	1,375	15.46	—	$0
Jun 1993	0	1,420	16.79	—	$0
May 1993	0	1,528	17.68	—	$0
Apr 1993	0	1,713	18.05	—	$0
Mar 1993	0	2,009	18.14	—	$0
Feb 1993	0	2,093	17.90	—	$0
Jan 1993	0	2,758	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.

Dec 2004 — as filed, then multipliedworked

Condensate             1 bbl  × $ 39.86 =        $40
Gas                    0 Mcf  × $  6.75 =         $0

────────────────────────────────────────────────────
Month total                                      $40

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/144643 is the state's own key, not one this site invented.