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 261538District 04Field 342042002 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.1 M
Jan 2011 – May 2026
Value, last 12 filed months
$239 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 Gas112013-09-06210835
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
CondensateDisposition53,466 bbl$3,814,418
GasProduction1,819,712 Mcf$6,286,899
Total$10,101,317

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 28.1689, -99.4808. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.16891, -99.48082 · 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
9,796 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 9,796 ft.

Completions filed
Jan 2011
1 of 1 wells

1 well

42-479407863H9,796 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 20262831,527106.413.05$34,765
Apr 20261631,64998.932.87$20,858
Mar 20262411,62989.753.15$26,760
Feb 20261981,49863.503.75$18,191
Jan 20262631,65159.138.00$28,756
Dec 20253121,40656.664.41$23,883
Nov 20252651,33058.593.93$20,749
Oct 20252651,62759.383.30$21,113
Sep 20251691,52362.743.08$15,289
Aug 20251331,32863.933.01$12,506
Jul 20255778066.743.32$6,390
Jun 202510474566.483.13$9,245
May 202526379060.553.23$18,478
Apr 20251461,27762.363.54$13,629
Mar 20253361,31367.704.27$28,352
Feb 20251521,10070.884.34$15,549
Jan 20253651,20074.324.28$32,261
Dec 20242111,73368.993.12$19,966
Nov 20241881,83969.052.20$17,024
Oct 20242741,84071.372.28$23,753
Sep 20241521,79669.612.36$14,827
Aug 20242521,87275.632.06$22,922
Jul 20242241,93279.932.15$22,052
Jun 20241901,80578.082.63$19,590
May 20242241,91378.812.20$21,859
Apr 20241921,92684.451.66$19,410
Mar 20242791,84780.301.55$25,258
Feb 20242341,76376.091.78$20,950
Jan 20242371,79073.023.30$23,209
Dec 20232751,93671.262.61$24,651
Nov 20232311,90077.892.81$23,327
Oct 20232321,99285.443.09$25,972
Sep 20232261,96789.042.74$25,503
Aug 20232251,91480.522.67$23,233
Jul 20231841,91874.852.64$18,839
Jun 20231931,78268.962.26$17,334
May 20231972,13270.622.23$18,661
Apr 20232742,05078.122.24$25,992
Mar 20233121,99672.852.39$27,506
Feb 20231591,84075.112.47$16,479
Jan 20232052,14976.533.39$22,969
Dec 20222001,89176.415.73$26,116
Nov 20223452,13485.005.65$41,374
Oct 20222652,31987.185.86$36,701
Sep 20222692,30784.888.16$41,666
Aug 20222662,47194.529.13$47,696
Jul 20223042,607101.587.54$50,543
Jun 20223212,500115.097.98$56,887
May 20223592,643109.378.43$61,552
Apr 20222622,522104.226.84$44,550
Mar 20222672,511108.885.08$41,818
Feb 20223652,24391.054.86$44,132
Jan 20223102,37781.844.54$36,156
Dec 20213612,54071.323.90$35,650
Nov 20212742,42477.435.24$33,910
Oct 20213342,55679.795.71$41,255
Sep 20212942,45169.865.35$33,654
Aug 20213272,57966.024.22$32,473
Jul 20213292,40270.783.98$32,852
Jun 20213272,31569.493.38$30,549
May 20213552,53463.483.02$30,182
Apr 20213152,58760.362.76$26,149
Mar 20213543,03761.302.72$29,952
Feb 20213012,58757.805.55$31,750
Jan 20213723,01850.412.81$27,234
Dec 20203984,72044.642.68$30,395
Nov 20203685,70638.772.71$29,711
Oct 20203835,79136.972.48$28,512
Sep 20203745,63937.091.99$25,099
Aug 20204585,75639.982.39$32,039
Jul 20203425,78338.371.83$23,677
Jun 20203175,73734.901.69$20,761
May 20203286,17916.921.81$16,763
Apr 20203486,00414.751.80$15,967
Mar 2020835,86530.341.86$13,405
Feb 20201715,44949.881.98$19,322
Jan 20203065,64657.252.09$29,345
Dec 20192195,48459.012.30$25,560
Nov 20193686,10455.302.75$37,141
Oct 20192166,85953.472.42$28,138
Sep 20191185,75355.052.66$21,783
Aug 20191536,69053.112.30$23,542
Jul 20191186,84056.272.46$23,467
Jun 20191077,87652.782.49$25,268
May 20191775,92958.482.74$26,598
Apr 20191796,00962.632.75$27,740
Mar 20191966,26756.803.06$30,323
Feb 20191255,27650.852.79$21,088
Jan 20192035,69946.033.23$27,741
Dec 20182416,80446.594.19$39,706
Nov 20182746,61252.934.24$42,519
Oct 20182137,66761.443.40$39,140
Sep 20181507,85459.543.11$33,341
Aug 20181857,95059.403.07$35,368
Jul 20181887,36165.142.93$33,828
Jun 20181577,08260.183.08$31,239
May 20181198,08665.382.90$31,236
Apr 20181397,32163.842.90$30,111
Mar 20181278,51061.222.79$31,491
Feb 20182047,63761.782.77$33,728
Jan 20182897,99362.874.01$50,216
Dec 20172727,53157.272.92$37,579
Nov 20172587,64855.423.12$38,148
Oct 20172887,87149.292.98$37,680
Sep 20171927,88847.523.09$33,476
Aug 20172658,02745.373.00$36,139
Jul 20172198,32043.873.09$35,294
Jun 20172827,94142.493.09$36,498
May 20172758,17745.373.26$39,162
Apr 20172338,18047.933.21$37,439
Mar 20172848,55146.772.98$38,796
Feb 20172777,94150.452.95$37,421
Jan 20173228,15049.413.42$43,773
Dec 20164078,29248.763.72$50,715
Nov 20163398,45242.492.64$36,754
Oct 20162248,44146.193.09$36,431
Sep 20162248,77141.553.10$36,503
Aug 20162138,58741.442.92$33,938
Jul 20162569,20941.622.92$37,585
Jun 20162448,86945.352.69$34,886
May 20162189,45542.521.99$28,095
Apr 20162789,05336.561.99$28,189
Mar 20162929,29533.011.79$26,314
Feb 20162169,13726.472.06$24,573
Jan 20162198,98427.352.36$27,231
Dec 20151848,38432.362.00$22,734
Nov 20151748,85138.792.17$25,933
Oct 201517910,07243.552.43$32,236
Sep 20152669,89942.992.76$38,741
Aug 201531510,25240.162.87$42,099
Jul 201533310,37648.152.95$46,592
Jun 201520210,06556.152.88$40,358
May 201541010,10855.212.96$52,510
Apr 20153929,47449.822.71$45,171
Mar 201534710,38642.892.93$45,363
Feb 20152769,46644.662.98$40,499
Jan 20152978,60443.433.10$39,577
Dec 20143596,27654.693.59$42,173
Nov 201438510,66570.464.25$72,473
Oct 201443511,07178.303.90$77,248
Sep 201423910,02086.164.05$61,128
Aug 20142867,62189.394.04$56,317
Jul 201429113,10696.564.18$82,877
Jun 201429312,26398.164.74$86,849
May 201447411,76494.734.73$100,505
Apr 201432812,18395.944.81$90,058
Mar 201438212,67195.895.06$100,705
Feb 201435811,62097.406.19$106,820
Jan 20142737,15490.404.86$59,453
Dec 201318712,40391.824.35$71,179
Nov 201325612,57288.853.74$69,743
Oct 201322314,35597.423.78$75,977
Sep 201320314,467104.113.72$74,919
Aug 201318118,257104.253.52$83,182
Jul 201328817,680102.523.72$95,255
Jun 201325616,68894.403.93$89,807
May 201325916,81394.834.15$94,319
Apr 201333516,83993.964.28$103,591
Mar 201334717,51393.623.91$101,012
Feb 201330516,51091.233.42$84,288
Jan 201323815,44591.603.42$74,621
Dec 201253618,85186.773.42$110,982
Nov 201241920,16586.953.62$109,529
Oct 201240421,18489.383.40$108,128
Sep 201247321,66294.672.92$107,997
Aug 201243122,96992.662.91$106,734
Jul 201244924,34385.133.02$111,759
Jun 201226622,72979.822.52$78,487
May 201227636,31491.612.49$115,645
Apr 201227236,440101.652.00$100,412
Mar 201248238,955105.052.22$137,195
Feb 201239433,492101.102.57$125,916
Jan 201210235,51198.092.73$107,095
Dec 20119834,01496.873.24$119,690
Nov 201113332,52895.723.31$120,440
Oct 201125944,44384.983.65$184,162
Sep 201123333,94083.623.99$154,762
Aug 20119323,40583.404.15$104,871
Jul 201122332,60694.144.52$168,282
Jun 201129747,46092.904.64$247,800
May 201168051,93898.134.40$295,506
Apr 201153638,679105.964.33$224,402
Mar 201137531,00496.364.06$161,929
Feb 20111,48252,15885.644.18$344,938
Jan 20112,79868,76186.504.59$557,556

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           283 bbl  × $106.41 =    $30,114
Gas                1,527 Mcf  × $  3.05 =     $4,651

────────────────────────────────────────────────────
Month total                                  $34,765

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/261538 is the state's own key, not one this site invented.