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 263294District 04Field 342042002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.4 M
Apr 2011 – May 2026
Value, last 12 filed months
$44 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 Gas112012-06-05202342
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
CondensateDisposition15,534 bbl$1,320,763
GasProduction557,186 Mcf$2,060,882
Total$3,381,645

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 28.1714, -99.4749. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.17143, -99.47494 · 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
9,764 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 9,764 ft.

Completions filed
Apr 2011
1 of 1 wells

1 well

42-4794111814H9,764 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 202627792106.413.05$5,285
Apr 20261563698.932.87$3,309
Mar 20262362389.753.15$4,026
Feb 20261954463.503.75$3,247
Jan 20262553559.138.00$5,757
Dec 20252955356.664.41$4,084
Nov 20252559358.593.93$3,793
Oct 20252365859.383.30$3,540
Sep 20251952862.743.08$2,817
Aug 20251958963.933.01$2,990
Jul 20251750566.743.32$2,809
Jun 20251648466.483.13$2,578
May 20252549860.553.23$3,123
Apr 20251352762.363.54$2,678
Mar 20253255767.704.27$4,544
Feb 20251444570.884.34$2,924
Jan 20253356474.324.28$4,866
Dec 20242059868.993.12$3,246
Nov 20241881669.052.20$3,037
Oct 20242668571.372.28$3,418
Sep 20241460469.612.36$2,403
Aug 20242493375.632.06$3,740
Jul 20242193879.932.15$3,692
Jun 2024181,06878.082.63$4,219
May 20242169478.812.20$3,181
Apr 20241861884.451.66$2,545
Mar 2024261,34380.301.55$4,163
Feb 20242286476.091.78$3,215
Jan 2024221,08673.023.30$5,188
Dec 2023261,21671.262.61$5,027
Nov 20232298877.892.81$4,487
Oct 2023211,58985.443.09$6,700
Sep 20232182089.042.74$4,113
Aug 2023211,10080.522.67$4,631
Jul 2023161,48474.852.64$5,118
Jun 2023161,65368.962.26$4,837
May 20231978670.622.23$3,093
Apr 20232675278.122.24$3,714
Mar 2023281,29772.852.39$5,144
Feb 2023151,13675.112.47$3,928
Jan 20231884476.533.39$4,237
Dec 2022181,43576.415.73$9,597
Nov 20223272785.005.65$6,825
Oct 20222577487.185.86$6,718
Sep 20222583184.888.16$8,906
Aug 20222597294.529.13$11,235
Jul 202229986101.587.54$10,382
Jun 202230874115.097.98$10,425
May 2022341,048109.378.43$12,556
Apr 202224900104.226.84$8,655
Mar 202224907108.885.08$7,217
Feb 2022341,14091.054.86$8,635
Jan 20222896681.844.54$6,675
Dec 2021351,00971.323.90$6,430
Nov 2021281,10477.435.24$7,950
Oct 2021321,02779.795.71$8,421
Sep 2021281,09969.865.35$7,837
Aug 2021311,00566.024.22$6,288
Jul 2021311,18570.783.98$6,913
Jun 2021311,07769.493.38$5,795
May 2021331,07863.483.02$5,348
Apr 2021301,37860.362.76$5,612
Mar 2021331,30861.302.72$5,577
Feb 2021281,05957.805.55$7,494
Jan 20213592850.412.81$4,372
Dec 2020381,37944.642.68$5,386
Nov 20203589538.772.71$3,779
Oct 20203696236.972.48$3,715
Sep 20203591337.091.99$3,116
Aug 20203891339.982.39$3,697
Jul 20201179538.371.83$1,873
Jun 20201176434.901.69$1,675
May 20201083816.921.81$1,690
Apr 20201585714.751.80$1,768
Mar 20201989330.341.86$2,234
Feb 20202585749.881.98$2,944
Jan 20202390357.252.09$3,208
Dec 20192588359.012.30$3,510
Nov 20192090655.302.75$3,598
Oct 20191897953.472.42$3,330
Sep 20191578955.052.66$2,922
Aug 20192099453.112.30$3,353
Jul 20192598856.272.46$3,837
Jun 20191997952.782.49$3,442
May 20192295158.482.74$3,893
Apr 20192395562.632.75$4,067
Mar 20192599856.803.06$4,476
Feb 20192287650.852.79$3,565
Jan 20192188946.033.23$3,836
Dec 2018211,05346.594.19$5,386
Nov 2018251,02452.934.24$5,662
Oct 2018241,07461.443.40$5,124
Sep 2018231,04959.543.11$4,630
Aug 2018271,12259.403.07$5,044
Jul 2018311,15065.142.93$5,391
Jun 2018291,11060.183.08$5,161
May 2018201,20165.382.90$4,791
Apr 2018291,15963.842.90$5,213
Mar 2018291,20161.222.79$5,122
Feb 2018371,12061.782.77$5,384
Jan 2018491,58162.874.01$9,419
Dec 2017411,30857.272.92$6,169
Nov 2017311,27055.423.12$5,678
Oct 2017331,31649.292.98$5,553
Sep 2017211,31147.523.09$5,045
Aug 2017271,34545.373.00$5,266
Jul 2017301,38543.873.09$5,592
Jun 2017351,35042.493.09$5,655
May 2017311,38345.373.26$5,920
Apr 2017281,37447.933.21$5,755
Mar 2017241,42746.772.98$5,380
Feb 2017231,26050.452.95$4,881
Jan 2017511,44249.413.42$7,450
Dec 2016291,46948.763.72$6,883
Nov 2016171,57142.492.64$4,877
Oct 2016131,15146.193.09$4,157
Sep 2016511,42441.553.10$6,534
Aug 2016731,43541.442.92$7,222
Jul 2016861,53241.622.92$8,059
Jun 2016461,48545.352.69$6,075
May 2016461,57742.521.99$5,096
Apr 2016611,56536.561.99$5,346
Mar 2016611,59133.011.79$4,868
Feb 2016621,52326.472.06$4,784
Jan 2016551,58627.352.36$5,254
Dec 2015491,65432.362.00$4,896
Nov 2015441,59338.792.17$5,159
Oct 2015261,76243.552.43$5,408
Sep 2015391,79242.992.76$6,620
Aug 2015391,79340.162.87$6,717
Jul 2015611,85848.152.95$8,409
Jun 2015871,89556.152.88$10,348
May 2015701,94355.212.96$9,607
Apr 2015611,91749.822.71$8,228
Mar 2015782,00942.892.93$9,241
Feb 2015511,87844.662.98$7,867
Jan 2015261,96743.433.10$7,228
Dec 2014351,90354.693.59$8,749
Nov 2014601,69370.464.25$11,426
Oct 20141122,08278.303.90$16,891
Sep 20141271,93686.164.05$18,774
Aug 2014942,56889.394.04$18,765
Jul 2014932,62096.564.18$19,931
Jun 2014582,54998.164.74$17,768
May 20141912,85594.734.73$31,588
Apr 20141472,68895.944.81$27,030
Mar 20141142,96995.895.06$25,945
Feb 20141081,71497.406.19$21,132
Jan 20141821,93090.404.86$25,834
Dec 20131923,02091.824.35$30,780
Nov 20133163,80288.853.74$42,290
Oct 20131723,03397.423.78$28,219
Sep 20132533,329104.113.72$38,716
Aug 20131433,618104.253.52$27,653
Jul 2013793,091102.523.72$19,591
Jun 20131083,40694.403.93$23,592
May 2013703,29094.834.15$20,289
Apr 2013973,68893.964.28$24,908
Mar 20131813,81093.623.91$31,853
Feb 2013982,61091.233.42$17,867
Jan 20131754,94891.603.42$32,952
Dec 20121054,69786.773.42$25,175
Nov 20122204,66986.953.62$36,054
Oct 20121085,11089.383.40$27,025
Sep 20121015,34994.672.92$25,172
Aug 2012816,18592.662.91$25,492
Jul 2012876,85585.133.02$28,114
Jun 2012687,39279.822.52$24,049
May 20121197,67491.612.49$29,997
Apr 20121487,896101.652.00$30,811
Mar 20121489,085105.052.22$35,735
Feb 20122038,989101.102.57$43,627
Jan 201223110,06898.092.73$50,186
Dec 201119811,19496.873.24$55,446
Nov 201127412,98095.723.31$69,208
Oct 201155815,94684.983.65$105,598
Sep 201151619,54583.623.99$121,050
Aug 201162026,38383.404.15$161,180
Jul 201151622,01394.144.52$148,014
Jun 201185330,85692.904.64$222,412
May 20111,44645,30298.134.40$341,443
Apr 20111,65269,345105.964.33$475,537

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            27 bbl  × $106.41 =     $2,873
Gas                  792 Mcf  × $  3.05 =     $2,412

────────────────────────────────────────────────────
Month total                                   $5,285

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/263294 is the state's own key, not one this site invented.