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 221848District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$174 k
Jul 2006 – Aug 2014
Value, last 12 filed months
$809
at the published price for each month
Months reported
98
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 Gas112007-07-19172460
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
CondensateDisposition143 bbl$7,954
GasProduction24,892 Mcf$165,878
Total$173,832

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 28.1245, -99.7555. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.12448, -99.75549 · 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
5,800 ft
1 wells filed one
Completion to plug
8.1 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 5,800 ft.

Completions filed
Jul 2006
1 of 1 wells
Plug dates filed
Aug 2014
1 of 1 wells

Last completion to plug: a median of 8.1 years across the 1 well that filed both dates, with the middle half between 8.1 years and 8.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793955547265,800 ftJul 2006Aug 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 (98)

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

98 months

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 20130688.853.74$22
Oct 2013010197.423.78$382
Sep 20130109104.113.72$405
Aug 2013059104.253.52$208
Jul 2013062102.523.72$231
Jun 20130594.403.93$20
May 20130594.834.15$21
Apr 20130393.964.28$13
Mar 20130293.623.91$8
Feb 20130591.233.42$17
Jan 20130691.603.42$21
Dec 20120686.773.42$21
Nov 201201186.953.62$40
Oct 201201289.383.40$41
Sep 201201694.672.92$47
Aug 201202292.662.91$64
Jul 201202385.133.02$69
Jun 201201679.822.52$40
May 201201291.612.49$30
Apr 2012012101.652.00$24
Mar 2012018105.052.22$40
Feb 2012030101.102.57$77
Jan 201203798.092.73$101
Dec 201103296.873.24$104
Nov 201103895.723.31$126
Oct 201103384.983.65$120
Sep 201101683.623.99$64
Aug 201103283.404.15$133
Jul 201103494.144.52$154
Jun 201101492.904.64$65
May 201104798.134.40$207
Apr 2011032105.964.33$139
Mar 201103996.364.06$158
Feb 201101285.644.18$50
Jan 201103186.504.59$142
Dec 201003185.734.35$135
Nov 201002080.843.80$76
Oct 201001478.103.51$49
Sep 201006272.633.98$247
Aug 201001273.684.42$53
Jul 201002372.554.74$109
Jun 201002770.364.91$133
May 201002471.124.24$102
Apr 201003081.694.12$124
Mar 201004478.394.39$193
Feb 201007773.585.44$419
Jan 201003874.365.96$227
Dec 200903971.445.48$214
Nov 200907674.593.75$285
Oct 200903272.544.11$132
Sep 200901665.543.06$49
Aug 20090067.423.22$0
Jul 2009029861.133.46$1,032
Jun 2009034966.163.90$1,359
May 200904154.743.93$161
Apr 200909846.773.59$352
Mar 200906142.144.06$248
Feb 200909132.814.63$422
Jan 200907335.865.37$392
Dec 2008010937.105.98$652
Nov 200805655.496.86$384
Oct 200807175.246.92$491
Sep 20080100101.767.88$788
Aug 20080370114.228.48$3,139
Jul 2008089131.0811.39$1,014
Jun 20080256131.3313.03$3,336
May 20080451123.1711.57$5,220
Apr 20080708110.3110.45$7,402
Mar 20080292101.909.66$2,822
Feb 2008110392.538.77$996
Jan 200804590.388.21$369
Dec 200722788.337.30$374
Nov 200708991.677.29$649
Oct 2007317282.856.92$1,439
Sep 2007018875.846.24$1,174
Aug 2007024869.066.39$1,584
Jul 20070970.906.39$57
Jun 20071313062.007.55$1,787
May 200705258.747.85$408
Apr 2007025659.617.81$1,998
Mar 2007354156.927.30$2,292
Feb 2007093555.108.22$7,682
Jan 2007541,39350.306.73$12,087
Dec 200601,15856.656.92$8,012
Nov 200602,03554.207.62$15,502
Oct 2006353,89354.906.01$25,333
Sep 200604,17560.085.04$21,030
Aug 200604,66268.717.34$34,219
Jul 2006026569.376.34$1,681

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                    6 Mcf  × $  3.74 =        $22

────────────────────────────────────────────────────
Month total                                      $22

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/221848 is the state's own key, not one this site invented.