GATES 05-D

Operated by ROSETTA RESOURCES OPERATING LP (P-5 728883) in the GATES RANCH (EAGLE FORD SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 258920District 04Field 342042002 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.5 M
Oct 2010 – May 2018
Value, last 12 filed months
$303 k
at the published price for each month
Months reported
92
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 352 leases and 352 wells, and the rule below applies to all of them.

Discovered
2010-08-02
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2012-09-11.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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 Gas112011-05-11202139
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
CondensateDisposition81,830 bbl$6,649,565
GasProduction1,094,643 Mcf$3,863,665
Total$10,513,230

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 28.0976, -99.8074. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.09762, -99.80738 · 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
8,342 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 8,342 ft.

Completions filed
Oct 2009
1 of 1 wells
Plug dates filed
Nov 2017
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

42-47940619958,342 ftOct 2009Nov 2017Yes

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 (92)

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

92 months

May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20171057.272.92$57
Nov 20177252655.423.12$5,631
Oct 20177696,47349.292.98$57,217
Sep 20171,1509,31747.523.09$83,412
Aug 20179047,66145.373.00$64,031
Jul 20176274,71143.873.09$42,051
Jun 20177685,91342.493.09$50,887
May 20174655,51145.373.26$39,082
Apr 20174775,54247.933.21$40,661
Mar 20171953,40646.772.98$19,283
Feb 20171985,24850.452.95$25,484
Jan 20176477,12149.413.42$56,314
Dec 20161575,14148.763.72$26,794
Nov 20163917,81842.492.64$37,287
Oct 20164667,48946.193.09$44,668
Sep 20164506,75141.553.10$39,630
Aug 20163307,35041.442.92$35,169
Jul 201648310,70541.622.92$51,408
Jun 20165367,69745.352.69$44,980
May 20164499,56642.521.99$38,138
Apr 20164689,75936.561.99$36,541
Mar 201650710,34133.011.79$35,288
Feb 20165329,18826.472.06$33,043
Jan 20162835,68527.352.36$21,181
Dec 20155295,31132.362.00$27,748
Nov 20155315,86638.792.17$33,311
Oct 20155716,02543.552.43$39,487
Sep 20153855,55742.992.76$31,880
Aug 20155547,14540.162.87$42,773
Jul 20155807,62148.152.95$50,371
Jun 20155237,08056.152.88$49,777
May 20156077,41355.212.96$55,421
Apr 20156619,24149.822.71$57,942
Mar 20155454,88942.892.93$37,723
Feb 20155226,79144.662.98$43,524
Jan 20156147,98743.433.10$51,431
Dec 20147277,99754.693.59$68,480
Nov 20147358,40370.464.25$87,516
Oct 20146307,41578.303.90$78,255
Sep 20145158,12886.164.05$77,254
Aug 20147659,32789.394.04$106,019
Jul 201469713,14996.564.18$122,260
Jun 20146329,48198.164.74$106,947
May 20146599,42594.734.73$106,975
Apr 20145846,98795.944.81$89,630
Mar 20146967,53095.895.06$104,817
Feb 20146136,23097.406.19$98,282
Jan 20146768,50890.404.86$102,465
Dec 20136465,72991.824.35$84,263
Nov 20136845,12688.853.74$79,936
Oct 20131,00511,98797.423.78$143,210
Sep 20131,11212,965104.113.72$163,971
Aug 20131,18515,066104.253.52$176,608
Jul 20131,43117,609102.523.72$212,172
Jun 201396212,22594.403.93$138,899
May 20131,22817,26494.834.15$188,081
Apr 201379518,76393.964.28$155,052
Mar 20134469,44593.623.91$78,712
Feb 201394220,40091.233.42$155,705
Jan 20131,14817,64991.603.42$165,515
Dec 20121,31119,54686.773.42$180,606
Nov 20121,31618,35186.953.62$180,948
Oct 201268919,01089.383.40$126,211
Sep 201257917,64194.672.92$106,297
Aug 20121,00825,05792.662.91$166,271
Jul 20121,31219,82185.133.02$171,566
Jun 20121,19819,15779.822.52$143,882
May 20121,24515,23891.612.49$151,971
Apr 20121,34613,933101.652.00$164,642
Mar 20121,66521,369105.052.22$222,392
Feb 20121,41917,890101.102.57$189,442
Jan 20121,78218,93998.092.73$226,577
Dec 20111,66119,61396.873.24$224,442
Nov 20111,49920,76895.723.31$212,253
Oct 20111,60117,85884.983.65$201,209
Sep 20111,69222,02383.623.99$229,264
Aug 20111,88826,51983.404.15$267,495
Jul 20112,15732,47194.144.52$349,739
Jun 20111,88027,75092.904.64$303,409
May 20112,42126,57698.134.40$354,635
Apr 20112,32824,976105.964.33$354,903
Mar 20112,38672596.364.06$232,857
Feb 20111,80522,39885.644.18$248,203
Jan 20112,07826,75086.504.59$302,497
Dec 20102,07330,11785.734.35$308,659
Nov 20102,08131,05480.843.80$286,088
Oct 20101,95032,44078.103.51$266,123

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.

Dec 2017 — as filed, then multipliedworked
Condensate             1 bbl  × $ 57.27 =        $57
Gas                    0 Mcf  × $  2.92 =         $0

────────────────────────────────────────────────────
Month total                                      $57

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/258920 is the state's own key, not one this site invented.