LAS RAICES RANCH

Operated by XTO ENERGY INC. (P-5 945936) 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 259516District 04Field 342042002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.0 M
Sep 2010 – May 2026
Value, last 12 filed months
$57 k
at the published price for each month
Months reported
189
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 Gas112011-05-25200370
NGPA2none

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
CondensateDisposition24,170 bbl$1,957,019
GasProduction1,101,919 Mcf$4,052,258
Total$6,009,277

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 28.1718, -99.4719. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.17180, -99.47193 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
9,770 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 9,770 ft.

Completions filed
Sep 2010
1 of 1 wells

1 well

42-479409556H9,770 ftSep 2010

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 (189)

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

189 months

May 202601,192106.413.05$3,631
Apr 202601,36198.932.87$3,906
Mar 202601,31489.753.15$4,138
Feb 202601,23663.503.75$4,635
Jan 202601,23359.138.00$9,861
Dec 202501,30756.664.41$5,768
Nov 202501,29958.593.93$5,100
Oct 202501,46959.383.30$4,855
Sep 202501,36662.743.08$4,203
Aug 202501,24163.933.01$3,741
Jul 202501,16066.743.32$3,846
Jun 202501,13766.483.13$3,557
May 202501,17060.553.23$3,782
Apr 202501,22362.363.54$4,333
Mar 202501,25267.704.27$5,344
Feb 202501,06670.884.34$4,627
Jan 202501,17874.324.28$5,040
Dec 202401,22868.993.12$3,833
Nov 202401,28369.052.20$2,821
Oct 202401,30071.372.28$2,966
Sep 202401,27869.612.36$3,022
Aug 202401,33375.632.06$2,751
Jul 202401,39079.932.15$2,984
Jun 202401,33678.082.63$3,519
May 202401,40678.812.20$3,091
Apr 202401,39184.451.66$2,308
Mar 202401,37380.301.55$2,121
Feb 202401,28176.091.78$2,285
Jan 202401,32173.023.30$4,356
Dec 202301,38771.262.61$3,621
Nov 202301,41377.892.81$3,967
Oct 202301,61185.443.09$4,974
Sep 202301,65589.042.74$4,526
Aug 202301,59280.522.67$4,255
Jul 202301,66574.852.64$4,399
Jun 202301,50268.962.26$3,392
May 202301,86270.622.23$4,147
Apr 202301,79978.122.24$4,026
Mar 202301,79972.852.39$4,305
Feb 202301,59875.112.47$3,940
Jan 202301,73976.533.39$5,891
Dec 202201,73676.415.73$9,946
Nov 202202,15585.005.65$12,168
Oct 202202,21187.185.86$12,965
Sep 202202,20184.888.16$17,968
Aug 202201,80994.529.13$16,511
Jul 202201,903101.587.54$14,353
Jun 202201,834115.097.98$14,630
May 202201,960109.378.43$16,529
Apr 202201,881104.226.84$12,862
Mar 202202,036108.885.08$10,336
Feb 202201,72891.054.86$8,396
Jan 202201,92181.844.54$8,717
Dec 202102,05171.323.90$7,997
Nov 202102,01277.435.24$10,537
Oct 202102,07379.795.71$11,845
Sep 202102,03469.865.35$10,884
Aug 202102,13066.024.22$8,990
Jul 202102,05570.783.98$8,183
Jun 202101,97869.493.38$6,687
May 202102,07463.483.02$6,259
Apr 202101,93960.362.76$5,349
Mar 202102,01361.302.72$5,469
Feb 202101,71557.805.55$9,515
Jan 202102,02050.412.81$5,677
Dec 202001,95144.642.68$5,220
Nov 202002,04238.772.71$5,527
Oct 202002,09936.972.48$5,202
Sep 202001,99737.091.99$3,976
Aug 202082,04239.982.39$5,190
Jul 2020322,05638.371.83$4,980
Jun 2020372,06034.901.69$4,773
May 2020342,13216.921.81$4,444
Apr 2020412,09514.751.80$4,385
Mar 2020532,20930.341.86$5,708
Feb 2020632,05749.881.98$7,217
Jan 20201152,06157.252.09$10,901
Dec 201962,16259.012.30$5,336
Nov 201912,14555.302.75$5,956
Oct 201982,39553.472.42$6,220
Sep 2019262,05255.052.66$6,884
Aug 2019462,35953.112.30$7,879
Jul 2019702,38256.272.46$9,799
Jun 2019462,31652.782.49$8,198
May 2019622,32658.482.74$10,000
Apr 2019502,33862.632.75$9,563
Mar 2019592,45556.803.06$10,869
Feb 2019442,15850.852.79$8,263
Jan 2019482,48946.033.23$10,244
Dec 2018472,52146.594.19$12,741
Nov 2018622,42952.934.24$13,574
Oct 2018452,49261.443.40$11,233
Sep 2018322,40959.543.11$9,392
Aug 2018382,60159.403.07$10,233
Jul 2018582,63265.142.93$11,495
Jun 2018432,49260.183.08$10,255
May 2018572,63565.382.90$11,370
Apr 2018512,53463.842.90$10,606
Mar 2018502,64561.222.79$10,432
Feb 2018792,45861.782.77$11,680
Jan 2018842,75962.874.01$16,343
Dec 2017602,68657.272.92$11,283
Nov 2017592,83355.423.12$12,104
Oct 2017762,89849.292.98$12,393
Sep 2017452,86647.523.09$10,987
Aug 2017592,96345.373.00$11,579
Jul 2017573,04343.873.09$11,895
Jun 2017522,95442.493.09$11,329
May 2017543,06645.373.26$12,456
Apr 2017533,04547.933.21$12,320
Mar 2017453,14346.772.98$11,482
Feb 2017532,86350.452.95$11,127
Jan 2017613,18249.413.42$13,893
Dec 2016533,22548.763.72$14,590
Nov 2016493,49642.492.64$11,327
Oct 2016382,43446.193.09$9,277
Sep 2016863,19541.553.10$13,480
Aug 2016643,28241.442.92$12,250
Jul 2016673,57041.622.92$13,228
Jun 2016583,45545.352.69$11,910
May 2016553,65342.521.99$9,612
Apr 2016483,44736.561.99$8,618
Mar 2016433,44833.011.79$7,605
Feb 2016643,39326.472.06$8,696
Jan 2016993,74127.352.36$11,553
Dec 20151243,85832.362.00$11,734
Nov 20151033,77238.792.17$12,171
Oct 2015573,82243.552.43$11,757
Sep 2015723,94742.992.76$13,983
Aug 2015744,17540.162.87$14,964
Jul 2015794,26648.152.95$16,368
Jun 2015794,09156.152.88$16,230
May 2015784,40355.212.96$17,319
Apr 2015744,29249.822.71$15,303
Mar 20151444,42042.892.93$19,148
Feb 20152474,25144.662.98$23,683
Jan 2015963,97143.433.10$16,482
Dec 2014793,98254.693.59$18,621
Nov 2014674,56970.464.25$24,147
Oct 2014744,92478.303.90$25,003
Sep 2014704,93986.164.05$26,012
Aug 2014894,57889.394.04$26,428
Jul 20141075,00596.564.18$31,251
Jun 2014894,85298.164.74$31,720
May 20141005,17094.734.73$33,909
Apr 2014694,98895.944.81$30,608
Mar 2014795,26995.895.06$34,220
Feb 20141004,78197.406.19$39,344
Jan 2014914,92690.404.86$32,170
Dec 2013875,35391.824.35$31,298
Nov 2013964,71888.853.74$26,167
Oct 20131245,69397.423.78$33,596
Sep 20131105,627104.113.72$32,372
Aug 20131716,131104.253.52$39,424
Jul 20132525,700102.523.72$47,026
Jun 20131265,70094.403.93$34,315
May 20131175,89094.834.15$35,533
Apr 20131586,39293.964.28$42,220
Mar 20131756,75193.623.91$42,799
Feb 20131215,73391.233.42$30,645
Jan 20131485,62391.603.42$32,787
Dec 20121827,33286.773.42$40,869
Nov 20121498,05786.953.62$42,162
Oct 20121718,61389.383.40$44,565
Sep 20121498,96394.672.92$40,263
Aug 20121499,92592.662.91$42,670
Jul 201215810,43985.133.02$44,985
Jun 20121058,40479.822.52$29,551
May 20121958,78591.612.49$39,724
Apr 20122369,735101.652.00$43,428
Mar 201217110,376105.052.22$41,020
Feb 201222410,132101.102.57$48,688
Jan 201225211,56998.092.73$56,349
Dec 201122112,39296.873.24$61,555
Nov 201124614,19095.723.31$70,534
Oct 201133315,95984.983.65$86,525
Sep 201131018,02083.623.99$97,746
Aug 201136721,43583.404.15$119,548
Jul 201130714,91494.144.52$96,271
Jun 20112287,39692.904.64$55,498
May 201163222,16998.134.40$159,669
Apr 201193824,089105.964.33$203,775
Mar 201158717,41896.364.06$127,234
Feb 20111,63440,74585.644.18$310,249
Jan 20111,78456,31886.504.59$412,747
Dec 20102,66669,92585.734.35$532,573
Nov 20102,13171,92880.843.80$445,261
Oct 20102,00789,55878.103.51$470,996
Sep 201081953,49072.633.98$272,346

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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                1,192 Mcf  × $  3.05 =     $3,631

────────────────────────────────────────────────────
Month total                                   $3,631

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/259516 is the state's own key, not one this site invented.