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 261698District 04Field 342042002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.8 M
Apr 2011 – May 2026
Value, last 12 filed months
$123 k
at the published price for each month
Months reported
182
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 Gas112012-01-25202343
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
CondensateDisposition24,805 bbl$1,917,813
GasProduction798,652 Mcf$2,927,517
Total$4,845,331

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 28.1705, -99.4767. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.17047, -99.47675 · 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
9,733 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 9,733 ft.

Completions filed
Apr 2011
1 of 1 wells

1 well

42-4794106513H9,733 ftApr 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 (182)

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

182 months

May 2026532,254106.413.05$12,505
Apr 2026312,08098.932.87$9,036
Mar 2026451,99089.753.15$10,306
Feb 2026371,78663.503.75$9,048
Jan 2026491,84659.138.00$17,662
Dec 2025581,99556.664.41$12,091
Nov 2025491,97158.593.93$10,610
Oct 2025512,22859.383.30$10,392
Sep 2025372,03962.743.08$8,595
Aug 2025362,26163.933.01$9,118
Jul 2025331,30766.743.32$6,535
Jun 2025321,48966.483.13$6,786
May 2025511,58860.553.23$8,221
Apr 2025281,72262.363.54$7,847
Mar 2025631,78367.704.27$11,876
Feb 2025291,49370.884.34$8,536
Jan 2025691,76374.324.28$12,671
Dec 2024401,74168.993.12$8,194
Nov 2024352,23169.052.20$7,321
Oct 2024511,94671.372.28$8,079
Sep 2024291,76369.612.36$6,187
Aug 2024472,45775.632.06$8,625
Jul 2024412,42879.932.15$8,489
Jun 2024362,72478.082.63$9,986
May 2024421,96878.812.20$7,637
Apr 2024361,87884.451.66$6,156
Mar 2024531,95580.301.55$7,277
Feb 2024441,87876.091.78$6,698
Jan 2024452,68773.023.30$12,147
Dec 2023522,10671.262.61$9,204
Nov 2023431,94877.892.81$8,818
Oct 2023442,52685.443.09$11,558
Sep 2023431,90389.042.74$9,034
Aug 2023422,44280.522.67$9,909
Jul 2023353,00074.852.64$10,545
Jun 2023364,03568.962.26$11,596
May 2023372,12470.622.23$7,344
Apr 2023522,00878.122.24$8,556
Mar 2023583,06272.852.39$11,553
Feb 2023292,97875.112.47$9,521
Jan 2023372,29776.533.39$10,613
Dec 2022373,31576.415.73$21,819
Nov 2022651,97085.005.65$16,648
Oct 2022502,06087.185.86$16,438
Sep 2022512,14384.888.16$21,824
Aug 2022502,42994.529.13$26,896
Jul 2022572,424101.587.54$24,072
Jun 2022612,179115.097.98$24,403
May 2022682,493109.378.43$28,461
Apr 2022491,946104.226.84$18,413
Mar 2022502,213108.885.08$16,678
Feb 2022672,59491.054.86$18,704
Jan 2022572,24681.844.54$14,857
Dec 2021722,28371.323.90$14,037
Nov 2021552,51077.435.24$17,403
Oct 2021622,33079.795.71$18,260
Sep 2021552,41369.865.35$16,754
Aug 2021602,22366.024.22$13,344
Jul 2021532,37870.783.98$13,221
Jun 2021622,23469.493.38$11,861
May 2021672,12363.483.02$10,660
Apr 2021582,73560.362.76$11,045
Mar 2021372,29561.302.72$8,503
Feb 2021511,71557.805.55$12,463
Jan 2021701,49850.412.81$7,738
Dec 2020772,32944.642.68$9,668
Nov 2020691,35138.772.71$6,332
Oct 2020721,45436.972.48$6,265
Sep 2020701,37137.091.99$5,326
Aug 2020801,38339.982.39$6,497
Jul 2020411,31938.371.83$3,981
Jun 2020421,30634.901.69$3,673
May 2020381,32516.921.81$3,048
Apr 2020551,41614.751.80$3,366
Mar 2020711,36030.341.86$4,679
Feb 2020751,32249.881.98$6,359
Jan 2020631,39257.252.09$6,523
Dec 2019421,36259.012.30$5,617
Nov 2019641,40655.302.75$7,407
Oct 2019411,54453.472.42$5,927
Sep 2019391,26055.052.66$5,495
Aug 2019301,53253.112.30$5,124
Jul 2019511,53656.272.46$6,648
Jun 2019411,50652.782.49$5,916
May 2019571,51858.482.74$7,493
Apr 2019331,50662.632.75$6,209
Mar 201941,60556.803.06$5,142
Feb 2019191,38750.852.79$4,839
Jan 2019301,60046.033.23$6,546
Dec 2018431,62046.594.19$8,784
Nov 2018511,56952.934.24$9,348
Oct 2018351,62861.443.40$7,682
Sep 2018361,57159.543.11$7,026
Aug 2018401,69259.403.07$7,565
Jul 2018451,74865.142.93$8,056
Jun 2018361,62460.183.08$7,163
May 2018361,69965.382.90$7,282
Apr 2018371,63763.842.90$7,111
Mar 2018371,70161.222.79$7,006
Feb 2018601,57061.782.77$8,050
Jan 2018812,24962.874.01$14,109
Dec 2017952,14357.272.92$11,701
Nov 2017521,77455.423.12$8,414
Oct 2017571,82049.292.98$8,240
Sep 2017341,80547.523.09$7,188
Aug 2017461,85945.373.00$7,672
Jul 2017881,91843.873.09$9,782
Jun 20172831,84942.493.09$17,733
May 20172701,91145.373.26$18,486
Apr 20172101,90247.933.21$16,174
Mar 20172141,95546.772.98$15,842
Feb 20171931,77550.452.95$14,978
Jan 20171471,97649.413.42$14,019
Dec 20162991,99348.763.72$21,999
Nov 20162002,32442.492.64$14,643
Oct 20161361,60746.193.09$11,248
Sep 20161832,28341.553.10$14,682
Aug 20161412,25641.442.92$12,440
Jul 20161792,43841.622.92$14,580
Jun 20161432,36145.352.69$12,826
May 20161282,37642.521.99$10,173
Apr 20161582,35736.561.99$10,469
Mar 20162542,39333.011.79$12,678
Feb 2016692,39226.472.06$6,763
Jan 2016512,51427.352.36$7,339
Dec 20151322,56232.362.00$9,399
Nov 20152492,54438.792.17$15,172
Oct 20152402,48743.552.43$16,487
Sep 20151542,33442.992.76$13,059
Aug 20151432,64040.162.87$13,326
Jul 20151752,66748.152.95$16,281
Jun 20152842,79556.152.88$24,004
May 20152803,12255.212.96$24,686
Apr 20151633,13949.822.71$16,617
Mar 2015883,34142.892.93$13,579
Feb 2015822,77444.662.98$11,918
Jan 2015833,54043.433.10$14,581
Dec 2014833,46654.693.59$16,987
Nov 2014693,38370.464.25$19,246
Oct 2014893,67978.303.90$21,320
Sep 2014913,79786.164.05$23,201
Aug 2014833,97589.394.04$23,459
Jul 2014774,14996.564.18$24,776
Jun 2014573,86398.164.74$23,894
May 2014744,01694.734.73$25,992
Apr 2014813,63295.944.81$25,238
Mar 2014703,63495.895.06$25,089
Feb 2014693,45797.406.19$28,126
Jan 2014873,73990.404.86$26,039
Dec 2013803,63991.824.35$23,192
Nov 20131403,82588.853.74$26,738
Oct 20131574,84697.423.78$33,610
Sep 2013914,589104.113.72$26,535
Aug 2013905,034104.253.52$27,115
Jul 20131014,719102.523.72$27,899
Jun 20131214,94394.403.93$30,865
May 20131255,58894.834.15$35,039
Apr 20131625,74093.964.28$39,804
Mar 20132535,97193.623.91$47,050
Feb 20132815,55191.233.42$44,620
Jan 20131906,87691.603.42$40,919
Dec 20121337,21386.773.42$36,210
Nov 20121467,65486.953.62$40,440
Oct 20121608,43689.383.40$42,981
Sep 20121457,63194.672.92$35,997
Aug 20121368,57192.662.91$37,528
Jul 20121599,17585.133.02$41,252
Jun 20122808,68079.822.52$44,215
May 20124689,99291.612.49$67,737
Apr 201225610,130101.652.00$46,250
Mar 201240511,547105.052.22$68,204
Feb 201235311,665101.102.57$65,670
Jan 201237513,71998.092.73$74,293
Dec 201130016,06496.873.24$81,104
Nov 201139918,09295.723.31$98,100
Oct 201171519,52384.983.65$131,991
Sep 201172328,70883.623.99$174,882
Aug 201194831,08083.404.15$208,024
Jul 201173524,11794.144.52$178,135
Jun 20111,18332,77192.904.64$261,954
May 20111,89152,65698.134.40$417,504
Apr 20111,60873,364105.964.33$488,290

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            53 bbl  × $106.41 =     $5,640
Gas                2,254 Mcf  × $  3.05 =     $6,865

────────────────────────────────────────────────────
Month total                                  $12,505

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/261698 is the state's own key, not one this site invented.