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 228585District 04Field 355665002 tax incentive programmesGasSaveExport
Value, all time
$70 k
Jun 2007 – Aug 2014
Value, last 12 filed months
$588
at the published price for each month
Months reported
87
no gaps in the span
Streams
1
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 Gas112007-11-26177213
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
GasProduction10,408 Mcf$69,801
Total$69,801

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 28.0970, -99.7347. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.09702, -99.73465 · 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
7.2 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 5,950 ft.

Completions filed
Jun 2007
1 of 1 wells
Plug dates filed
Aug 2014
1 of 1 wells

Last completion to plug: a median of 7.2 years across the 1 well that filed both dates, with the middle half between 7.2 years and 7.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793980811115,950 ftJun 2007Aug 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 (87)

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

87 months

Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013288.853.74$7
Oct 20136597.423.78$246
Sep 201390104.113.72$335
Aug 201336104.253.52$127
Jul 201335102.523.72$130
Jun 20132994.403.93$114
May 20133494.834.15$141
Apr 20131893.964.28$77
Mar 20132593.623.91$98
Feb 20133391.233.42$113
Jan 20132991.603.42$99
Dec 20122586.773.42$86
Nov 20122786.953.62$98
Oct 20122489.383.40$82
Sep 20122094.672.92$58
Aug 20122192.662.91$61
Jul 20122085.133.02$60
Jun 20121679.822.52$40
May 20121891.612.49$45
Apr 201213101.652.00$26
Mar 201213105.052.22$29
Feb 201215101.102.57$39
Jan 2012598.092.73$14
Dec 2011596.873.24$16
Nov 2011695.723.31$20
Oct 2011484.983.65$15
Sep 2011983.623.99$36
Aug 2011683.404.15$25
Jul 20111294.144.52$54
Jun 20111292.904.64$56
May 20112298.134.40$97
Apr 201118105.964.33$78
Mar 20112196.364.06$85
Feb 2011685.644.18$25
Jan 20113386.504.59$151
Dec 2010085.734.35$0
Nov 20103180.843.80$118
Oct 2010078.103.51$0
Sep 20103472.633.98$135
Aug 201010673.684.42$468
Jul 2010072.554.74$0
Jun 20104570.364.91$221
May 2010371.124.24$13
Apr 2010781.694.12$29
Mar 20107078.394.39$307
Feb 20107273.585.44$392
Jan 20104374.365.96$256
Dec 20094871.445.48$263
Nov 20094774.593.75$176
Oct 20092172.544.11$86
Sep 20092065.543.06$61
Aug 2009067.423.22$0
Jul 20097061.133.46$243
Jun 20092566.163.90$97
May 200910654.743.93$416
Apr 20095546.773.59$197
Mar 20094642.144.06$187
Feb 2009032.814.63$0
Jan 20091635.865.37$86
Dec 200810637.105.98$634
Nov 20085155.496.86$350
Oct 20082475.246.92$166
Sep 200835101.767.88$276
Aug 20083114.228.48$25
Jul 200813131.0811.39$148
Jun 200815131.3313.03$195
May 200875123.1711.57$868
Apr 2008101110.3110.45$1,056
Mar 2008130101.909.66$1,256
Feb 200817792.538.77$1,552
Jan 200824490.388.21$2,002
Dec 200728288.337.30$2,059
Nov 200722591.677.29$1,641
Oct 200736282.856.92$2,506
Sep 200795375.846.24$5,951
Aug 200759569.066.39$3,801
Jul 20071,61070.906.39$10,285
Jun 20073,77562.007.55$28,495

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
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/228585 is the state's own key, not one this site invented.