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 261539District 04Field 342042002 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.0 M
Jan 2011 – May 2026
Value, last 12 filed months
$101 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 Gas112013-09-05210834
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
CondensateDisposition26,614 bbl$1,990,781
GasProduction1,779,433 Mcf$6,006,272
Total$7,997,053

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 28.1518, -99.4975. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.15182, -99.49747 · 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
9,766 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 9,766 ft.

Completions filed
Jan 2011
1 of 1 wells

1 well

42-479407871H9,766 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 202602698.932.87$75
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 202601,76059.138.00$14,076
Dec 202503,87256.664.41$17,089
Nov 202504,15358.593.93$16,307
Oct 202503,91859.383.30$12,948
Sep 202503,29562.743.08$10,138
Aug 202503,34863.933.01$10,093
Jul 202503,09066.743.32$10,244
Jun 202503,07466.483.13$9,618
May 202503,14660.553.23$10,169
Apr 202503,36162.363.54$11,908
Mar 202503,38667.704.27$14,453
Feb 202502,84470.884.34$12,345
Jan 202503,10974.324.28$13,302
Dec 202403,31568.993.12$10,347
Nov 202403,50669.052.20$7,708
Oct 202403,54571.372.28$8,088
Sep 202403,42269.612.36$8,091
Aug 202403,54275.632.06$7,309
Jul 202403,78879.932.15$8,131
Jun 202403,62978.082.63$9,559
May 202403,90478.812.20$8,583
Apr 202403,92684.451.66$6,514
Mar 202403,83780.301.55$5,929
Feb 202403,74376.091.78$6,676
Jan 202403,79973.023.30$12,528
Dec 202303,87671.262.61$10,119
Nov 202304,16777.892.81$11,699
Oct 202304,32085.443.09$13,337
Sep 202304,33989.042.74$11,867
Aug 202303,92580.522.67$10,491
Jul 202303,79174.852.64$10,015
Jun 202303,70568.962.26$8,368
May 202304,32370.622.23$9,629
Apr 202304,29478.122.24$9,609
Mar 202304,49972.852.39$10,767
Feb 202303,79675.112.47$9,360
Jan 202304,94876.533.39$16,762
Dec 202204,63676.415.73$26,560
Nov 202204,90785.005.65$27,706
Oct 202205,22687.185.86$30,644
Sep 202204,51784.888.16$36,875
Aug 202204,80194.529.13$43,820
Jul 202205,137101.587.54$38,744
Jun 202205,175115.097.98$41,282
May 202205,419109.378.43$45,699
Apr 202204,932104.226.84$33,723
Mar 202205,141108.885.08$26,098
Feb 202204,21691.054.86$20,485
Jan 202204,46681.844.54$20,265
Dec 202104,79171.323.90$18,681
Nov 202104,63977.435.24$24,294
Oct 202105,62579.795.71$32,141
Sep 202105,58169.865.35$29,863
Aug 202105,91566.024.22$24,965
Jul 202105,60470.783.98$22,316
Jun 202106,08069.493.38$20,554
May 202106,40563.483.02$19,328
Apr 202106,02360.362.76$16,614
Mar 202106,39361.302.72$17,369
Feb 202105,57457.805.55$30,924
Jan 202106,31650.412.81$17,750
Dec 202006,18844.642.68$16,556
Nov 202006,21038.772.71$16,808
Oct 202006,38536.972.48$15,825
Sep 202006,42937.091.99$12,800
Aug 202006,82539.982.39$16,278
Jul 202006,82838.371.83$12,462
Jun 202006,55634.901.69$11,082
May 202006,83616.921.81$12,406
Apr 2020246,68914.751.80$12,424
Mar 2020476,90330.341.86$14,240
Feb 2020686,50349.881.98$16,272
Jan 20201006,84257.252.09$20,057
Dec 2019316,73459.012.30$17,347
Nov 201986,77755.302.75$19,084
Oct 2019107,41653.472.42$18,471
Sep 2019236,17055.052.66$17,662
Aug 2019877,13753.112.30$21,067
Jul 20192777,01956.272.46$32,854
Jun 20192086,90252.782.49$28,173
May 20191767,17158.482.74$29,943
Apr 20191087,08662.632.75$26,256
Mar 20191597,21356.803.06$31,118
Feb 20194476,79650.852.79$41,706
Jan 20193477,68546.033.23$40,781
Dec 20182467,91046.594.19$44,568
Nov 20181787,61952.934.24$41,705
Oct 20181267,90261.443.40$34,593
Sep 20181447,35859.543.11$31,442
Aug 20181468,01059.403.07$33,236
Jul 20181607,97765.142.93$33,810
Jun 2018956,81660.183.08$26,689
May 20181237,79165.382.90$30,642
Apr 20181177,31563.842.90$28,689
Mar 20181268,11061.222.79$30,315
Feb 20181897,26561.782.77$31,772
Jan 20182087,96562.874.01$45,011
Dec 20171408,43057.272.92$32,646
Nov 20171017,30755.423.12$28,383
Oct 20171598,48049.292.98$33,139
Sep 2017908,78647.523.09$31,402
Aug 2017978,74045.373.00$30,659
Jul 2017848,73143.873.09$30,640
Jun 20171098,44842.493.09$30,713
May 20171478,69545.373.26$35,045
Apr 20171688,61847.933.21$35,730
Mar 20171298,93746.772.98$32,698
Feb 20171378,00850.452.95$30,556
Jan 20171428,82349.413.42$37,180
Dec 20161108,65448.763.72$37,581
Nov 20161228,80742.492.64$28,473
Oct 20161358,88146.193.09$33,680
Sep 20161579,29141.553.10$35,331
Aug 20161149,15741.442.92$31,502
Jul 20161309,75241.622.92$33,929
Jun 20161439,32145.352.69$31,520
May 201615610,10342.521.99$26,749
Apr 20161939,94236.561.99$26,851
Mar 201625110,91733.011.79$27,871
Feb 201623711,18226.472.06$29,349
Jan 201623811,63427.352.36$34,016
Dec 201521811,25432.362.00$29,578
Nov 201520810,96838.792.17$31,840
Oct 201515311,73743.552.43$35,144
Sep 201520411,70342.992.76$41,052
Aug 201521712,16340.162.87$43,653
Jul 201520112,37148.152.95$46,112
Jun 201519411,99356.152.88$45,467
May 201525112,21455.212.96$49,956
Apr 201527211,48749.822.71$44,641
Mar 201534811,98542.892.93$50,098
Feb 201529611,18544.662.98$46,508
Jan 201517911,64543.433.10$43,881
Dec 20141203,90954.693.59$20,601
Nov 20141998,98170.464.25$52,207
Oct 201432912,85878.303.90$75,919
Sep 201440812,61986.164.05$86,203
Aug 201443312,95889.394.04$90,993
Jul 201424413,85096.564.18$81,448
Jun 201431213,51898.164.74$94,659
May 201426913,88394.734.73$91,101
Apr 201414311,59995.944.81$69,500
Mar 201428613,27595.895.06$94,554
Feb 201442811,23497.406.19$111,248
Jan 201422512,31290.404.86$80,185
Dec 201319913,22891.824.35$75,873
Nov 201328012,84088.853.74$72,878
Oct 201324214,61997.423.78$78,826
Sep 201321914,583104.113.72$77,016
Aug 201323411,187104.253.52$63,802
Jul 201332014,543102.523.72$86,873
Jun 201327714,03994.403.93$81,370
May 201329615,85394.834.15$93,845
Apr 201340117,78893.964.28$113,857
Mar 201335816,85493.623.91$99,463
Feb 201340315,92491.233.42$91,224
Jan 201335417,11091.603.42$90,941
Dec 201253120,89386.773.42$117,532
Nov 201251323,66986.953.62$130,405
Oct 201245926,42989.383.40$130,876
Sep 201238724,95294.672.92$109,457
Aug 201236023,49692.662.91$101,688
Jul 201236526,43985.133.02$110,939
Jun 201237225,29079.822.52$93,400
May 201295826,20191.612.49$152,959
Apr 201248725,229101.652.00$99,881
Mar 201230817,515105.052.22$71,275
Feb 20125134,772101.102.57$94,528
Jan 20125043,12498.092.73$122,809
Dec 201110639,89496.873.24$139,514
Nov 201111142,94195.723.31$152,815
Oct 20119827,70484.983.65$109,407
Sep 201115521,06883.623.99$96,934
Aug 201120323,12583.404.15$112,883
Jul 201115919,20794.144.52$101,731
Jun 201126815,20492.904.64$95,442
May 201136414,78098.134.40$100,823
Apr 201122912,107105.964.33$76,728
Mar 201139115,30596.364.06$99,774
Feb 201183714,53885.644.18$132,449
Jan 20111,66516,46086.504.59$219,554

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.

Apr 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                   26 Mcf  × $  2.87 =        $75

────────────────────────────────────────────────────
Month total                                      $75

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/261539 is the state's own key, not one this site invented.