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 145563District 04Field 355665002 tax incentive programmesCondensateGasSave Export

Value, all time

$410 k

Jan 1993 – Apr 2015

Value, last 12 filed months

at the published price for each month

Months reported

268

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	1993-09-29	128120
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	1,317 bbl	$38,947
Gas	Production	122,505 Mcf	$371,368
Total			$410,315

46,060 Mcf of this lease's gas, across 46 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 28.1038, -99.7855. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.10375, -99.78549 · 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

5,652 ft

1 wells filed one

Completion to plug

22.3 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 5,652 ft.

Completions filed

Dec 1992

1 of 1 wells

Plug dates filed

Apr 2015

1 of 1 wells

Last completion to plug: a median of 22.3 years across the 1 well that filed both dates, with the middle half between 22.3 years and 22.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47930220	4G	5,652 ft	Dec 1992	Apr 2015	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 (268)

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

268 months


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	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	16	94.40	3.93	$63
May 2013	0	21	94.83	4.15	$87
Apr 2013	0	11	93.96	4.28	$47
Mar 2013	0	11	93.62	3.91	$43
Feb 2013	0	11	91.23	3.42	$38
Jan 2013	0	11	91.60	3.42	$38
Dec 2012	0	30	86.77	3.42	$103
Nov 2012	0	31	86.95	3.62	$112
Oct 2012	0	22	89.38	3.40	$75
Sep 2012	0	18	94.67	2.92	$53
Aug 2012	0	22	92.66	2.91	$64
Jul 2012	0	23	85.13	3.02	$69
Jun 2012	0	31	79.82	2.52	$78
May 2012	0	40	91.61	2.49	$100
Apr 2012	0	61	101.65	2.00	$122
Mar 2012	0	45	105.05	2.22	$100
Feb 2012	0	157	101.10	2.57	$404
Jan 2012	0	221	98.09	2.73	$604
Dec 2011	0	409	96.87	3.24	$1,325
Nov 2011	0	302	95.72	3.31	$1,000
Oct 2011	0	268	84.98	3.65	$978
Sep 2011	0	7	83.62	3.99	$28
Aug 2011	0	24	83.40	4.15	$100
Jul 2011	0	28	94.14	4.52	$126
Jun 2011	0	9	92.90	4.64	$42
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	28	105.96	4.33	$121
Mar 2011	0	30	96.36	4.06	$122
Feb 2011	0	25	85.64	4.18	$105
Jan 2011	0	38	86.50	4.59	$174
Dec 2010	0	37	85.73	4.35	$161
Nov 2010	0	44	80.84	3.80	$167
Oct 2010	0	157	78.10	3.51	$551
Sep 2010	0	69	72.63	3.98	$275
Aug 2010	0	293	73.68	4.42	$1,295
Jul 2010	0	24	72.55	4.74	$114
Jun 2010	0	30	70.36	4.91	$147
May 2010	0	30	71.12	4.24	$127
Apr 2010	0	13	81.69	4.12	$54
Mar 2010	0	51	78.39	4.39	$224
Feb 2010	0	54	73.58	5.44	$294
Jan 2010	0	40	74.36	5.96	$239
Dec 2009	0	64	71.44	5.48	$351
Nov 2009	0	3	74.59	3.75	$11
Oct 2009	0	92	72.54	4.11	$378
Sep 2009	0	137	65.54	3.06	$420
Aug 2009	0	173	67.42	3.22	$557
Jul 2009	0	138	61.13	3.46	$478
Jun 2009	0	238	66.16	3.90	$927
May 2009	0	330	54.74	3.93	$1,296
Apr 2009	0	326	46.77	3.59	$1,170
Mar 2009	0	390	42.14	4.06	$1,583
Feb 2009	0	368	32.81	4.63	$1,705
Jan 2009	0	408	35.86	5.37	$2,191
Dec 2008	0	372	37.10	5.98	$2,224
Nov 2008	0	353	55.49	6.86	$2,422
Oct 2008	0	434	75.24	6.92	$3,004
Sep 2008	0	500	101.76	7.88	$3,939
Aug 2008	0	516	114.22	8.48	$4,377
Jul 2008	0	576	131.08	11.39	$6,560
Jun 2008	0	188	131.33	13.03	$2,450
May 2008	0	515	123.17	11.57	$5,961
Apr 2008	0	385	110.31	10.45	$4,025
Mar 2008	0	466	101.90	9.66	$4,503
Feb 2008	0	351	92.53	8.77	$3,078
Jan 2008	0	463	90.38	8.21	$3,799
Dec 2007	0	422	88.33	7.30	$3,081
Nov 2007	0	860	91.67	7.29	$6,271
Oct 2007	0	388	82.85	6.92	$2,686
Sep 2007	0	391	75.84	6.24	$2,441
Aug 2007	0	737	69.06	6.39	$4,708
Jul 2007	0	967	70.90	6.39	$6,177
Jun 2007	0	760	62.00	7.55	$5,737
May 2007	0	733	58.74	7.85	$5,751
Apr 2007	0	744	59.61	7.81	$5,807
Mar 2007	0	723	56.92	7.30	$5,279
Feb 2007	0	676	55.10	8.22	$5,554
Jan 2007	0	702	50.30	6.73	$4,722
Dec 2006	0	699	56.65	6.92	$4,836
Nov 2006	0	876	54.20	7.62	$6,673
Oct 2006	0	560	54.90	6.01	$3,368
Sep 2006	0	258	60.08	5.04	$1,300
Aug 2006	0	768	68.71	7.34	$5,637
Jul 2006	0	425	69.37	6.34	$2,696
Jun 2006	2	310	66.28	6.38	$2,112
May 2006	0	394	66.01	6.42	$2,531
Apr 2006	5	383	64.39	7.36	$3,141
Mar 2006	0	409	56.70	7.08	$2,897
Feb 2006	6	336	57.59	7.75	$2,950
Jan 2006	0	362	60.59	8.93	$3,234
Dec 2005	6	402	54.94	13.42	$5,723
Nov 2005	0	485	54.69	10.59	$5,135
Oct 2005	0	426	58.34	13.80	$5,877
Sep 2005	0	426	61.45	12.08	$5,146
Aug 2005	6	347	61.51	9.80	$3,769
Jul 2005	7	378	55.69	7.84	$3,355
Jun 2005	0	399	52.33	7.38	$2,945
May 2005	24	428	45.22	6.65	$3,932
Apr 2005	0	356	49.20	7.36	$2,620
Mar 2005	100	273	50.37	7.15	$6,990
Feb 2005	0	380	45.22	6.31	$2,399
Jan 2005	55	380	43.16	6.32	$4,776
Dec 2004	55	380	39.86	6.75	$4,758
Nov 2004	0	412	45.28	6.33	$2,608
Oct 2004	43	369	49.70	6.52	$4,541
Sep 2004	0	347	43.24	5.28	$1,834
Aug 2004	0	373	42.37	5.55	$2,070
Jul 2004	37	236	38.28	6.08	$2,852
Jun 2004	31	316	36.10	6.43	$3,152
May 2004	29	332	37.48	6.49	$3,243
Apr 2004	38	325	34.47	5.86	$3,214
Mar 2004	0	386	34.36	5.53	$2,135
Feb 2004	52	345	32.45	5.51	$3,588
Jan 2004	0	386	32.03	6.30	$2,432
Dec 2003	0	353	30.26	6.30	$2,224
Nov 2003	0	358	28.80	4.60	$1,645
Oct 2003	112	334	28.17	4.76	$4,745
Sep 2003	0	351	26.31	4.75	$1,667
Aug 2003	25	369	29.76	5.13	$2,637
Jul 2003	0	391	29.41	5.17	$2,022
Jun 2003	0	387	28.56	5.98	$2,315
May 2003	6	373	26.59	5.97	$2,387
Apr 2003	0	355	26.67	5.41	$1,920
Mar 2003	7	357	31.14	6.10	$2,394
Feb 2003	7	321	33.48	7.93	$2,779
Jan 2003	7	360	30.31	5.58	$2,222
Dec 2002	0	304	26.91	4.85	$1,476
Nov 2002	0	394	24.66	4.14	$1,630
Oct 2002	7	375	26.46	4.23	$1,771
Sep 2002	0	359	27.44	3.64	$1,305
Aug 2002	8	335	25.96	3.16	$1,268
Jul 2002	0	367	24.58	3.06	$1,124
Jun 2002	3	389	23.73	3.34	$1,370
May 2002	9	369	24.66	3.58	$1,544
Apr 2002	0	392	23.65	3.51	$1,377
Mar 2002	6	403	22.00	3.10	$1,382
Feb 2002	7	343	18.22	2.38	$942
Jan 2002	0	376	17.17	2.38	$893
Dec 2001	5	400	16.93	2.36	$1,030
Nov 2001	6	379	18.07	2.41	$1,020
Oct 2001	5	395	19.78	2.53	$1,098
Sep 2001	0	398	24.26	2.25	$896
Aug 2001	0	418	24.87	3.05	$1,276
Jul 2001	4	350	23.93	3.20	$1,215
Jun 2001	0	372	24.56	3.82	$1,423
May 2001	3	333	25.52	4.31	$1,511
Apr 2001	4	423	24.68	5.34	$2,356
Mar 2001	8	394	24.54	5.38	$2,315
Feb 2001	4	388	27.75	5.77	$2,349
Jan 2001	5	376	27.47	8.40	$3,295
Dec 2000	0	393	26.88	9.12	$3,585
Nov 2000	5	344	32.21	5.66	$2,107
Oct 2000	3	344	31.23	5.15	$1,864
Sep 2000	4	281	31.87	5.19	$1,585
Aug 2000	3	363	29.64	4.54	$1,737
Jul 2000	0	501	28.53	4.09	$2,049
Jun 2000	5	524	29.30	4.40	$2,451
May 2000	8	452	27.26	3.68	$1,881
Apr 2000	0	408	24.51	3.12	$1,271
Mar 2000	0	348	28.42	2.86	$995
Feb 2000	14	365	27.62	2.73	$1,382
Jan 2000	0	427	25.27	2.48	$1,059
Dec 1999	4	410	24.28	2.42	$1,091
Nov 1999	0	346	23.19	2.43	$842
Oct 1999	5	397	20.98	2.80	$1,218
Sep 1999	0	346	21.75	2.62	$906
Aug 1999	0	407	19.26	2.88	$1,170
Jul 1999	7	367	17.89	2.37	$996
Jun 1999	0	543	15.94	2.36	$1,283
May 1999	9	733	15.79	2.32	$1,843
Apr 1999	0	946	15.10	2.21	$2,089
Mar 1999	7	965	12.47	1.84	$1,861
Feb 1999	0	811	9.98	1.82	$1,474
Jan 1999	0	894	10.38	1.90	$1,699
Dec 1998	14	669	9.20	1.77	$1,315
Nov 1998	0	765	10.89	2.19	$1,672
Oct 1998	0	771	12.42	1.97	$1,518
Sep 1998	0	847	12.59	2.08	$1,764
Aug 1998	0	866	11.30	1.91	$1,652
Jul 1998	3	804	11.74	2.24	$1,834
Jun 1998	0	768	11.24	2.24	$1,718
May 1998	0	797	12.62	2.21	$1,758
Apr 1998	8	592	13.04	2.51	$1,587
Mar 1998	18	528	12.80	2.31	$1,450
Feb 1998	0	508	13.95	2.30	$1,168
Jan 1998	20	669	14.70	2.15	$1,736
Dec 1997	0	590	16.32	2.41	$1,423
Nov 1997	0	477	18.19	3.09	$1,473
Oct 1997	22	775	19.25	3.15	$2,865
Sep 1997	0	695	17.74	2.95	$2,054
Aug 1997	20	859	17.86	2.55	$2,552
Jul 1997	0	558	17.58	2.25	$1,254
Jun 1997	0	573	17.24	2.26	$1,293
May 1997	39	758	18.97	2.31	$2,490
Apr 1997	0	1,030	17.88	2.08	$2,145
Mar 1997	29	1,050	18.95	1.94	$2,586
Feb 1997	28	975	20.49	2.21	$2,724
Jan 1997	0	917	23.48	3.54	$3,246
Dec 1996	31	1,036	23.32	—	$723
Nov 1996	0	981	21.97	—	$0
Oct 1996	26	995	23.31	—	$606
Sep 1996	25	926	22.22	—	$556
Aug 1996	0	943	20.26	—	$0
Jul 1996	0	917	19.55	—	$0
Jun 1996	25	1,000	18.73	—	$468
May 1996	24	907	19.43	—	$466
Apr 1996	0	957	21.51	—	$0
Mar 1996	57	1,114	19.38	—	$1,105
Feb 1996	24	878	16.98	—	$408
Jan 1996	23	875	17.07	—	$393
Dec 1995	0	959	17.19	—	$0
Nov 1995	24	1,080	16.00	—	$384
Oct 1995	17	953	15.43	—	$262
Sep 1995	0	894	16.18	—	$0
Aug 1995	0	1,027	15.92	—	$0
Jul 1995	0	1,155	15.24	—	$0
Jun 1995	0	939	16.41	—	$0
May 1995	0	932	17.56	—	$0
Apr 1995	0	746	17.73	—	$0
Mar 1995	0	675	16.44	—	$0
Feb 1995	0	688	16.58	—	$0
Jan 1995	0	793	15.92	—	$0
Dec 1994	0	822	15.03	—	$0
Nov 1994	0	866	15.90	—	$0
Oct 1994	0	899	15.58	—	$0
Sep 1994	0	862	15.29	—	$0
Aug 1994	0	919	16.13	—	$0
Jul 1994	0	906	17.56	—	$0
Jun 1994	0	1,091	17.09	—	$0
May 1994	0	1,112	15.88	—	$0
Apr 1994	0	863	14.14	—	$0
Mar 1994	0	901	12.46	—	$0
Feb 1994	0	1,006	12.50	—	$0
Jan 1994	0	1,427	12.66	—	$0
Dec 1993	1	1,377	12.33	—	$12
Nov 1993	2	1,886	14.49	—	$29
Oct 1993	3	1,143	15.85	—	$48
Sep 1993	0	1,308	15.03	—	$0
Aug 1993	5	897	15.66	—	$78
Jul 1993	5	807	15.46	—	$77
Jun 1993	0	852	16.79	—	$0
May 1993	4	995	17.68	—	$71
Apr 1993	1	1,190	18.05	—	$18
Mar 1993	1	1,561	18.14	—	$18
Feb 1993	0	0	17.90	—	$0
Jan 1993	0	0	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.

Jun 2013 — as filed, then multipliedworked

Condensate             0 bbl  × $ 94.40 =         $0
Gas                   16 Mcf  × $  3.93 =        $63

────────────────────────────────────────────────────
Month total                                      $63

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/145563 is the state's own key, not one this site invented.