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 261537District 04Field 342042002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.3 M
Jan 2011 – May 2026
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
185
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 Gas112013-09-06210836
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
CondensateDisposition21,205 bbl$1,700,705
GasProduction969,759 Mcf$3,574,673
Total$5,275,378

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 28.1887, -99.4594. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.18867, -99.45943 · 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
9,640 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 9,640 ft.

Completions filed
Jan 2011
1 of 1 wells

1 well

42-479407992H9,640 ftJan 2011

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 (185)

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

185 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20254056.664.41$227
Nov 2025616558.593.93$999
Oct 2025919059.383.30$1,162
Sep 2025530062.743.08$1,237
Aug 2025621863.933.01$1,041
Jul 2025228266.743.32$1,068
Jun 202558866.483.13$608
May 20251123060.553.23$1,409
Apr 2025626762.363.54$1,320
Mar 20251528667.704.27$2,236
Feb 2025722370.884.34$1,464
Jan 20251623574.324.28$2,195
Dec 20241021668.993.12$1,364
Nov 2024821969.052.20$1,034
Oct 20241219971.372.28$1,310
Sep 2024716369.612.36$873
Aug 20241116275.632.06$1,166
Jul 20241016979.932.15$1,162
Jun 2024914178.082.63$1,074
May 20241013078.812.20$1,074
Apr 2024713684.451.66$817
Mar 202499880.301.55$874
Feb 202499776.091.78$858
Jan 2024512473.023.30$774
Dec 202344871.262.61$410
Nov 2023019777.892.81$553
Oct 202314485.443.09$221
Sep 2023415289.042.74$772
Aug 2023111180.522.67$377
Jul 202309874.852.64$259
Jun 202309268.962.26$208
May 202312570.622.23$126
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 20226124109.378.43$1,702
Apr 2022122,414104.226.84$17,757
Mar 2022122,499108.885.08$13,992
Feb 2022162,24191.054.86$12,345
Jan 2022142,50881.844.54$12,526
Dec 2021172,64971.323.90$11,541
Nov 2021132,48777.435.24$14,031
Oct 2021152,50779.795.71$15,522
Sep 2021132,45769.865.35$14,055
Aug 2021152,62266.024.22$12,057
Jul 2021152,51770.783.98$11,085
Jun 2021152,38769.493.38$9,112
May 2021162,49863.483.02$8,554
Apr 2021152,42260.362.76$7,586
Mar 2021152,60061.302.72$7,984
Feb 202192,15857.805.55$12,493
Jan 2021172,58150.412.81$8,110
Dec 2020182,25544.642.68$6,837
Nov 2020162,17438.772.71$6,504
Oct 2020172,30336.972.48$6,336
Sep 2020172,33637.091.99$5,282
Aug 2020242,43039.982.39$6,755
Jul 2020282,46638.371.83$5,575
Jun 2020302,45834.901.69$5,202
May 2020272,56316.921.81$5,108
Apr 2020422,55214.751.80$5,224
Mar 2020512,67430.341.86$6,511
Feb 2020502,54449.881.98$7,533
Jan 2020432,75857.252.09$8,239
Dec 2019522,61059.012.30$9,083
Nov 2019592,61455.302.75$10,453
Oct 2019482,93853.472.42$9,672
Sep 2019292,40655.052.66$7,990
Aug 2019402,92553.112.30$8,865
Jul 2019582,94056.272.46$10,496
Jun 2019452,90652.782.49$9,615
May 2019522,93458.482.74$11,081
Apr 2019382,98662.632.75$10,594
Mar 2019283,15756.803.06$11,257
Feb 2019512,76350.852.79$10,308
Jan 2019273,17546.033.23$11,492
Dec 2018333,19846.594.19$14,923
Nov 2018303,07852.934.24$14,630
Oct 2018183,16161.443.40$11,847
Sep 2018353,09259.543.11$11,694
Aug 2018233,38959.403.07$11,759
Jul 2018233,46665.142.93$11,660
Jun 2018183,21060.183.08$10,960
May 2018173,44165.382.90$11,093
Apr 2018203,27463.842.90$10,774
Mar 2018163,41761.222.79$10,502
Feb 2018233,16361.782.77$10,170
Jan 2018293,50962.874.01$15,892
Dec 2017363,52757.272.92$12,366
Nov 2017583,62555.423.12$14,518
Oct 20172193,79449.292.98$22,115
Sep 20171193,58647.523.09$16,726
Aug 2017993,81645.373.00$15,956
Jul 20172043,91643.873.09$21,039
Jun 20171003,83842.493.09$16,098
May 20172024,02145.373.26$22,287
Apr 20172603,90447.933.21$25,000
Mar 20171354,09746.772.98$18,538
Feb 20172253,61250.452.95$22,016
Jan 20171314,11749.413.42$20,548
Dec 20161024,24748.763.72$20,784
Nov 2016924,76442.492.64$16,507
Oct 2016482,67046.193.09$10,468
Sep 2016814,45341.553.10$17,173
Aug 2016674,38341.442.92$15,594
Jul 2016814,77741.622.92$17,341
Jun 2016744,65745.352.69$15,864
May 2016775,16542.521.99$13,558
Apr 2016673,67236.561.99$9,761
Mar 2016894,23933.011.79$10,543
Feb 2016793,96826.472.06$10,280
Jan 2016853,98527.352.36$11,747
Dec 2015874,29332.362.00$11,407
Nov 2015924,76638.792.17$13,898
Oct 2015724,95643.552.43$15,162
Sep 2015894,76842.992.76$16,978
Aug 2015895,08340.162.87$18,175
Jul 2015905,43448.152.95$20,337
Jun 2015945,34556.152.88$20,687
May 20151285,43955.212.96$23,142
Apr 20151155,42149.822.71$20,402
Mar 2015975,55842.892.93$20,471
Feb 20151075,04144.662.98$19,782
Jan 20151555,31143.433.10$23,199
Dec 20141984,70254.693.59$27,715
Nov 20141485,13870.464.25$32,274
Oct 20141155,79278.303.90$31,599
Sep 2014945,93286.164.05$32,097
Aug 2014915,94689.394.04$32,127
Jul 2014846,49796.564.18$35,266
Jun 20141046,37398.164.74$40,397
May 20141256,77394.734.73$43,854
Apr 2014876,53595.944.81$39,774
Mar 2014906,61595.895.06$42,081
Feb 20141015,87897.406.19$46,234
Jan 20141396,37890.404.86$43,567
Dec 20131136,81891.824.35$40,065
Nov 20131276,94288.853.74$37,235
Oct 20131467,92697.423.78$44,179
Sep 20131267,550104.113.72$41,187
Aug 20131018,451104.253.52$40,299
Jul 20131588,432102.523.72$47,546
Jun 20131648,24794.403.93$47,920
May 20131468,99194.834.15$51,150
Apr 20132739,54393.964.28$66,520
Mar 201319610,63293.623.91$59,951
Feb 20131659,59191.233.42$47,853
Jan 201325810,04391.603.42$57,979
Dec 201227611,95386.773.42$64,830
Nov 201218112,89386.953.62$62,475
Oct 201224014,65489.383.40$71,270
Sep 201222316,02194.672.92$67,867
Aug 201235116,84292.662.91$81,503
Jul 201254413,35585.133.02$86,654
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201253101.102.57$513
Jan 201223912,33898.092.73$57,177
Dec 201131021,83796.873.24$100,776
Nov 201126912,98695.723.31$68,749
Oct 201153926,94984.983.65$144,129
Sep 201149031,82583.623.99$167,822
Aug 201163932,77683.404.15$189,291
Jul 201150125,57994.144.52$162,711
Jun 201180628,34992.904.64$206,413
May 201198133,00998.134.40$241,664
Apr 20111,24429,847105.964.33$261,150
Mar 20111,33741,21896.364.06$296,069
Feb 20111,63746,55785.644.18$334,800
Jan 20111,47958,75486.504.59$397,543

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 2025 — as filed, then multipliedworked
Condensate             4 bbl  × $ 56.66 =       $227
Gas                    0 Mcf  × $  4.41 =         $0

────────────────────────────────────────────────────
Month total                                     $227

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/261537 is the state's own key, not one this site invented.