GATES 05S

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 221234District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$458 k
Jun 2006 – Sep 2014
Value, last 12 filed months
$253
at the published price for each month
Months reported
100
no gaps in the span
Streams
2
condensate, gas

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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112007-01-26171520
NGPA1none

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.

StreamBasisVolumeValue
CondensateDisposition487 bbl$29,112
GasProduction63,962 Mcf$429,162
Total$458,274

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 28.0993, -99.7323. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.09926, -99.73231 · centre of the wells drawn, derived

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
5,950 ft
1 wells filed one
Completion to plug
8.3 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 5,950 ft.

Completions filed
Jun 2006
1 of 1 wells
Plug dates filed
Sep 2014
1 of 1 wells

Last completion to plug: a median of 8.3 years across the 1 well that filed both dates, with the middle half between 8.3 years and 8.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793945460115,950 ftJun 2006Sep 2014Yes

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 (100)

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

100 months

Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130288.853.74$7
Oct 201306597.423.78$246
Sep 2013096104.113.72$357
Aug 2013057104.253.52$201
Jul 2013035102.523.72$130
Jun 201302994.403.93$114
May 201303494.834.15$141
Apr 201301893.964.28$77
Mar 201302593.623.91$98
Feb 201303391.233.42$113
Jan 201302991.603.42$99
Dec 201202786.773.42$92
Nov 201202786.953.62$98
Oct 201202489.383.40$82
Sep 201202094.672.92$58
Aug 201202192.662.91$61
Jul 201202085.133.02$60
Jun 201201679.822.52$40
May 201201891.612.49$45
Apr 2012013101.652.00$26
Mar 2012013105.052.22$29
Feb 201208101.102.57$21
Jan 201203698.092.73$98
Dec 201103196.873.24$100
Nov 201107995.723.31$262
Oct 201102684.983.65$95
Sep 20110883.623.99$32
Aug 20110983.404.15$37
Jul 201103894.144.52$172
Jun 201101292.904.64$56
May 201102198.134.40$93
Apr 2011024105.964.33$104
Mar 201103796.364.06$150
Feb 201104685.644.18$192
Jan 201104886.504.59$220
Dec 2010010885.734.35$470
Nov 201003280.843.80$121
Oct 20100878.103.51$28
Sep 201002372.633.98$92
Aug 2010011273.684.42$495
Jul 2010013872.554.74$654
Jun 201003870.364.91$187
May 201005271.124.24$220
Apr 2010017181.694.12$705
Mar 2010020178.394.39$882
Feb 201008773.585.44$473
Jan 2010011374.365.96$674
Dec 200904871.445.48$263
Nov 200909574.593.75$356
Oct 200905472.544.11$222
Sep 200901965.543.06$58
Aug 20090067.423.22$0
Jul 2009016661.133.46$575
Jun 200906566.163.90$253
May 200908554.743.93$334
Apr 200909646.773.59$344
Mar 200906542.144.06$264
Feb 2009014532.814.63$672
Jan 2009023735.865.37$1,273
Dec 2008119337.105.98$1,191
Nov 200823255.496.86$331
Oct 2008013075.246.92$900
Sep 2008037101.767.88$291
Aug 2008046114.228.48$390
Jul 20080102131.0811.39$1,162
Jun 200807131.3313.03$91
May 2008019123.1711.57$220
Apr 20080108110.3110.45$1,129
Mar 2008165101.909.66$730
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 200706288.337.30$453
Nov 200738691.677.29$902
Oct 2007556782.856.92$4,339
Sep 2007029275.846.24$1,823
Aug 2007057369.066.39$3,660
Jul 200791,18470.906.39$8,201
Jun 200702,41662.007.55$18,237
May 2007152,93258.747.85$23,886
Apr 2007212,36659.617.81$19,719
Mar 200703,71456.927.30$27,120
Feb 2007302,76055.108.22$24,329
Jan 2007644,95550.306.73$36,551
Dec 2006665,10256.656.92$39,037
Nov 200604,68254.207.62$35,665
Oct 2006954,68854.906.01$33,408
Sep 2006525,45960.085.04$30,622
Aug 2006776,64168.717.34$54,035
Jul 2006369,88969.376.34$65,221
Jun 2006101,65266.286.38$11,209

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.

Nov 2013 — as filed, then multipliedworked
Condensate             0 bbl  × $ 88.85 =         $0
Gas                    2 Mcf  × $  3.74 =         $7

────────────────────────────────────────────────────
Month total                                       $7

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/221234 is the state's own key, not one this site invented.