LAS RAICES

Operated by BARRETT BROTHERS OIL & GAS, INC. (P-5 53106) in the TOM WALSH (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 244621District 04Field 906066002 tax incentive programmesCondensateGasSaveExport
Value, all time
$865 k
Nov 2008 – Dec 2020
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
146
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 290 leases and 291 wells, and the rule below applies to all of them.

Discovered
1970-12-15
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 2001-01-09.

The Commission's schedule remark for this field reads: SUSPENSION OF THE ALLOCATION IS STILL IN EFFECT.

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 Gas112009-03-09189668
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
CondensateDisposition829 bbl$57,838
GasProduction199,900 Mcf$806,974
Total$864,812

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 28.1545, -99.4941. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.15449, -99.49406 · 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
7,110 ft
1 wells filed one
Completion to plug
12.1 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 7,110 ft.

Completions filed
Nov 2008
1 of 1 wells
Plug dates filed
Dec 2020
1 of 1 wells

Last completion to plug: a median of 12.1 years across the 1 well that filed both dates, with the middle half between 12.1 years and 12.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-479402481R7,110 ftNov 2008Dec 2020Yes

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 (146)

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

146 months

Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 2020118857.252.09$6,772
Dec 2019018659.012.30$429
Nov 2019052255.302.75$1,436
Oct 2019071353.472.42$1,724
Sep 2019032955.052.66$874
Aug 2019057453.112.30$1,323
Jul 2019058956.272.46$1,449
Jun 2019062752.782.49$1,562
May 2019062858.482.74$1,721
Apr 2019062462.632.75$1,716
Mar 2019063456.803.06$1,941
Feb 2019261350.852.79$1,813
Jan 2019063746.033.23$2,056
Dec 2018062646.594.19$2,620
Nov 2018061752.934.24$2,614
Oct 2018168861.443.40$2,399
Sep 2018047359.543.11$1,470
Aug 2018068459.403.07$2,098
Jul 2018076065.142.93$2,228
Jun 2018077360.183.08$2,378
May 2018079265.382.90$2,297
Apr 2018069863.842.90$2,025
Mar 2018073161.222.79$2,037
Feb 2018068561.782.77$1,895
Jan 2018064262.874.01$2,574
Dec 2017067157.272.92$1,960
Nov 2017068155.423.12$2,124
Oct 2017072949.292.98$2,175
Sep 2017070147.523.09$2,164
Aug 2017070045.373.00$2,103
Jul 2017071543.873.09$2,207
Jun 2017069142.493.09$2,133
May 2017076645.373.26$2,500
Apr 2017071347.933.21$2,290
Mar 2017086546.772.98$2,581
Feb 2017082950.452.95$2,448
Jan 2017084849.413.42$2,899
Dec 2016089948.763.72$3,347
Nov 2016095442.492.64$2,523
Oct 201601,02546.193.09$3,168
Sep 2016064941.553.10$2,012
Aug 2016059141.442.92$1,728
Jul 2016061441.622.92$1,796
Jun 2016055045.352.69$1,477
May 2016066442.521.99$1,322
Apr 2016068436.561.99$1,362
Mar 2016078833.011.79$1,414
Feb 2016079426.472.06$1,639
Jan 2016083627.352.36$1,977
Dec 2015086332.362.00$1,727
Nov 2015087838.792.17$1,903
Oct 2015075843.552.43$1,839
Sep 2015060342.992.76$1,663
Aug 2015090240.162.87$2,591
Jul 2015088148.152.95$2,595
Jun 201517985956.152.88$12,527
May 2015086355.212.96$2,551
Apr 2015081049.822.71$2,192
Mar 2015083142.892.93$2,439
Feb 2015083244.662.98$2,476
Jan 2015084743.433.10$2,626
Dec 2014095254.693.59$3,419
Nov 201401,02770.464.25$4,367
Oct 201401,06878.303.90$4,166
Sep 2014099986.164.05$4,041
Aug 2014099589.394.04$4,015
Jul 2014098896.564.18$4,129
Jun 2014087198.164.74$4,126
May 2014098794.734.73$4,665
Apr 2014099295.944.81$4,771
Mar 201401,11795.895.06$5,648
Feb 2014098197.406.19$6,074
Jan 201401,08590.404.86$5,274
Dec 201301,11091.824.35$4,833
Nov 201341,11988.853.74$4,539
Oct 201301,17497.423.78$4,437
Sep 201301,167104.113.72$4,339
Aug 201341,212104.253.52$4,686
Jul 201301,173102.523.72$4,361
Jun 201301,18394.403.93$4,653
May 201301,18794.834.15$4,925
Apr 201321,19793.964.28$5,314
Mar 201301,25093.623.91$4,891
Feb 201301,31091.233.42$4,480
Jan 201331,24291.603.42$4,522
Dec 201201,24386.773.42$4,251
Nov 201201,28486.953.62$4,654
Oct 201201,24689.383.40$4,236
Sep 201211,26394.672.92$3,781
Aug 201201,39892.662.91$4,066
Jul 201201,67785.133.02$5,066
Jun 201221,80279.822.52$4,699
May 201202,16891.612.49$5,395
Apr 201212,247101.652.00$4,588
Mar 20121541,877105.052.22$20,349
Feb 20120520101.102.57$1,337
Jan 2012274198.092.73$2,222
Dec 2011065396.873.24$2,116
Nov 2011054895.723.31$1,815
Oct 201118084.983.65$377
Sep 2011072583.623.99$2,890
Aug 201121,20183.404.15$5,150
Jul 201101,43394.144.52$6,473
Jun 201101,12792.904.64$5,229
May 201101,70298.134.40$7,497
Apr 20110312105.964.33$1,352
Mar 201101,68996.364.06$6,853
Feb 201101,40685.644.18$5,877
Jan 201101,53886.504.59$7,058
Dec 201002,09885.734.35$9,122
Nov 201002,09880.843.80$7,963
Oct 201012,22978.103.51$7,899
Sep 201001,97172.633.98$7,844
Aug 201002,13173.684.42$9,418
Jul 201002,04972.554.74$9,705
Jun 201001,99670.364.91$9,801
May 201012,48371.124.24$10,587
Apr 201002,09581.694.12$8,637
Mar 201012,84778.394.39$12,573
Feb 201002,73973.585.44$14,907
Jan 201002,88674.365.96$17,212
Dec 200902,96271.445.48$16,243
Nov 20091653,27274.593.75$24,582
Oct 200903,54572.544.11$14,571
Sep 200913,62265.543.06$11,166
Aug 200904,37367.423.22$14,075
Jul 200914,09261.133.46$14,238
Jun 200914,25066.163.90$16,620
May 20091794,70454.743.93$28,265
Apr 200914,95746.773.59$17,830
Mar 200915,49142.144.06$22,330
Feb 200905,14532.814.63$23,837
Jan 200906,63035.865.37$35,610
Dec 200817,91837.105.98$47,364
Nov 2008012,31455.496.86$84,478

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.

Jan 2020 — as filed, then multipliedworked
Condensate           118 bbl  × $ 57.25 =     $6,756
Gas                    8 Mcf  × $  2.09 =        $17

────────────────────────────────────────────────────
Month total                                   $6,772

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/244621 is the state's own key, not one this site invented.