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 264272District 04Field 342042002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.1 M
Oct 2011 – May 2026
Value, last 12 filed months
$76 k
at the published price for each month
Months reported
176
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 Gas112012-08-16204650
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
CondensateDisposition23,044 bbl$1,908,999
GasProduction951,265 Mcf$3,147,883
Total$5,056,882

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 28.1779, -99.4616. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.17791, -99.46159 · 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
9,820 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 9,820 ft.

Completions filed
Oct 2011
1 of 1 wells

1 well

42-4794134017H9,820 ftOct 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 (176)

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

176 months

May 2026291,380106.413.05$7,289
Apr 2026171,50198.932.87$5,989
Mar 2026251,51089.753.15$6,999
Feb 2026201,18363.503.75$5,707
Jan 2026271,27659.138.00$11,802
Dec 2025311,16356.664.41$6,889
Nov 2025271,25058.593.93$6,490
Oct 2025281,25259.383.30$5,800
Sep 2025201,24862.743.08$5,095
Aug 2025201,16063.933.01$4,776
Jul 2025181,07266.743.32$4,755
Jun 2025181,08666.483.13$4,594
May 2025281,07960.553.23$5,183
Apr 2025151,16762.363.54$5,070
Mar 2025341,19567.704.27$7,402
Feb 2025141,03470.884.34$5,481
Jan 2025241,30674.324.28$7,372
Dec 20241483768.993.12$3,578
Nov 20241980569.052.20$3,082
Oct 20242893671.372.28$4,134
Sep 2024161,05469.612.36$3,606
Aug 2024261,11475.632.06$4,265
Jul 2024231,20479.932.15$4,423
Jun 2024191,21178.082.63$4,673
May 2024231,08678.812.20$4,200
Apr 2024201,30484.451.66$3,853
Mar 2024271,36480.301.55$4,276
Feb 2024191,29876.091.78$3,761
Jan 2024241,31473.023.30$6,086
Dec 2023281,45271.262.61$5,786
Nov 2023211,46777.892.81$5,754
Oct 2023211,50785.443.09$6,447
Sep 2023231,56289.042.74$6,320
Aug 2023231,51880.522.67$5,909
Jul 2023191,58274.852.64$5,601
Jun 2023201,47568.962.26$4,710
May 2023191,78370.622.23$5,313
Apr 2023191,69078.122.24$5,266
Mar 2023311,69672.852.39$6,317
Feb 2023161,52575.112.47$4,962
Jan 2023191,85176.533.39$7,725
Dec 2022211,41176.415.73$9,688
Nov 2022351,72685.005.65$12,720
Oct 2022271,84387.185.86$13,161
Sep 2022281,77884.888.16$16,892
Aug 2022271,84694.529.13$19,401
Jul 2022311,909101.587.54$17,547
Jun 2022331,829115.097.98$18,388
May 2022291,885109.378.43$19,068
Apr 2022271,834104.226.84$15,354
Mar 2022271,738108.885.08$11,763
Feb 2022361,45391.054.86$10,338
Jan 2022321,63981.844.54$10,056
Dec 2021391,73371.323.90$9,539
Nov 2021301,65177.435.24$10,969
Oct 2021341,74379.795.71$12,672
Sep 2021301,71169.865.35$11,251
Aug 2021332,03066.024.22$10,746
Jul 2021331,52570.783.98$8,408
Jun 2021331,83669.493.38$8,500
May 2021361,89963.483.02$8,016
Apr 2021331,87260.362.76$7,156
Mar 2021382,00061.302.72$7,763
Feb 2021361,76357.805.55$11,862
Jan 2021382,00250.412.81$7,542
Dec 2020411,91944.642.68$6,964
Nov 2020322,01038.772.71$6,681
Oct 2020382,04436.972.48$6,471
Sep 2020382,02637.091.99$5,443
Aug 2020472,12139.982.39$6,938
Jul 2020332,12738.371.83$5,148
Jun 2020352,08134.901.69$4,739
May 2020312,14616.921.81$4,419
Apr 2020401,96214.751.80$4,130
Mar 2020442,20330.341.86$5,424
Feb 2020552,08349.881.98$6,869
Jan 2020422,20257.252.09$7,017
Dec 2019602,14459.012.30$8,481
Nov 20191462,13955.302.75$13,958
Oct 20191282,44553.472.42$12,757
Sep 2019422,01855.052.66$7,674
Aug 2019302,09153.112.30$6,412
Jul 2019382,50056.272.46$8,288
Jun 2019302,42952.782.49$7,635
May 2019422,45958.482.74$9,195
Apr 2019642,47562.632.75$10,816
Mar 2019632,59056.803.06$11,509
Feb 2019432,32350.852.79$8,673
Jan 2019662,43546.033.23$10,899
Dec 20181192,61146.594.19$16,472
Nov 2018972,49752.934.24$15,715
Oct 2018402,59061.443.40$11,259
Sep 2018472,52759.543.11$10,652
Aug 2018432,77459.403.07$11,061
Jul 2018472,80265.142.93$11,277
Jun 2018402,64260.183.08$10,536
May 2018392,81765.382.90$10,721
Apr 2018922,71163.842.90$13,737
Mar 20181072,77661.222.79$14,287
Feb 20181362,50361.782.77$15,326
Jan 20181262,81162.874.01$19,192
Dec 2017752,82557.272.92$12,549
Nov 2017632,90355.423.12$12,544
Oct 2017673,00649.292.98$12,271
Sep 2017392,99947.523.09$11,112
Aug 2017563,08545.373.00$11,809
Jul 2017583,16943.873.09$12,328
Jun 2017573,10742.493.09$12,014
May 2017523,18345.373.26$12,747
Apr 2017683,17547.933.21$13,456
Mar 2017663,29446.772.98$12,915
Feb 2017752,98050.452.95$12,583
Jan 20171013,33249.413.42$16,382
Dec 2016733,44548.763.72$16,385
Nov 2016683,85242.492.64$13,075
Oct 2016432,50646.193.09$9,730
Sep 2016763,54641.553.10$14,153
Aug 2016673,51541.442.92$13,056
Jul 2016803,83341.622.92$14,539
Jun 2016793,71245.352.69$13,552
May 2016693,85442.521.99$10,607
Apr 2016853,80736.561.99$10,687
Mar 20161053,89733.011.79$10,457
Feb 2016943,82426.472.06$10,380
Jan 2016913,98927.352.36$11,920
Dec 2015934,16432.362.00$11,343
Nov 2015944,25638.792.17$12,870
Oct 2015694,94643.552.43$15,007
Sep 2015813,67242.992.76$13,611
Aug 2015833,91640.162.87$14,582
Jul 2015854,03248.152.95$15,967
Jun 2015864,16856.152.88$16,845
May 20151054,32955.212.96$18,591
Apr 2015954,36949.822.71$16,558
Mar 20151075,70642.892.93$21,335
Feb 20151156,38344.662.98$24,133
Jan 20151266,06243.433.10$24,268
Dec 20141178,10054.693.59$35,489
Nov 20149410,95870.464.25$53,215
Oct 20141268,29878.303.90$42,236
Sep 20141057,93986.164.05$41,164
Aug 20141067,58789.394.04$40,090
Jul 2014915,54496.564.18$31,959
Jun 20141055,21898.164.74$35,024
May 20141485,63794.734.73$40,664
Apr 20141126,01495.944.81$39,667
Mar 20141158,11095.895.06$52,038
Feb 20141158,50097.406.19$63,833
Jan 201414910,90290.404.86$66,461
Dec 201314412,52291.824.35$67,749
Nov 201314710,70988.853.74$53,094
Oct 20131498,29897.423.78$45,877
Sep 20131446,562104.113.72$39,388
Aug 20131546,839104.253.52$40,146
Jul 20131916,483102.523.72$43,683
Jun 20131866,69094.403.93$43,873
May 20131858,57494.834.15$53,118
Apr 201325210,42093.964.28$68,303
Mar 201331712,00793.623.91$76,659
Feb 201333712,00291.233.42$71,790
Jan 201334711,80791.603.42$72,164
Dec 201225412,27586.773.42$64,022
Nov 201226511,70586.953.62$65,472
Oct 201225610,47589.383.40$58,493
Sep 201222811,18894.672.92$54,236
Aug 201217912,68492.662.91$53,473
Jul 201225214,74185.133.02$65,982
Jun 201232614,96279.822.52$63,711
May 201244219,12991.612.49$88,091
Apr 201255820,317101.652.00$97,290
Mar 201255429,985105.052.22$124,827
Feb 20121,52335,228101.102.57$244,520
Jan 20121,83140,63498.092.73$290,699
Dec 20111,89151,25696.873.24$349,237
Nov 20112,26470,35795.723.31$449,682
Oct 20111,60072,58284.983.65$400,786

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            29 bbl  × $106.41 =     $3,086
Gas                1,380 Mcf  × $  3.05 =     $4,203

────────────────────────────────────────────────────
Month total                                   $7,289

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/264272 is the state's own key, not one this site invented.