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 265268District 04Field 342042002 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.8 M
Mar 2012 – May 2026
Value, last 12 filed months
$175 k
at the published price for each month
Months reported
171
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 Gas112012-12-15206819
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
CondensateDisposition48,556 bbl$3,932,379
GasProduction1,491,818 Mcf$4,892,552
Total$8,824,931

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 28.1606, -99.4966. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.16059, -99.49664 · 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
9,700 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 9,700 ft.

Completions filed
Mar 2012
1 of 1 wells

1 well

42-4794163321H9,700 ftMar 2012

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 (171)

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

171 months

May 2026111811106.413.05$14,282
Apr 2026662,27198.932.87$13,047
Mar 2026972,14589.753.15$15,461
Feb 2026801,51263.503.75$10,750
Jan 20261062,33559.138.00$24,943
Dec 20251262,41956.664.41$17,815
Nov 20251072,40758.593.93$15,720
Oct 20251092,66759.383.30$15,286
Sep 2025802,56162.743.08$12,899
Aug 2025792,18763.933.01$11,644
Jul 2025712,02266.743.32$11,442
Jun 2025692,18066.483.13$11,408
May 20251052,18660.553.23$13,424
Apr 2025582,24962.363.54$11,585
Mar 20251352,39367.704.27$19,354
Feb 2025602,06170.884.34$13,199
Jan 20251432,24574.324.28$20,233
Dec 2024852,37068.993.12$13,262
Nov 2024762,51569.052.20$10,777
Oct 20241102,54271.372.28$13,650
Sep 2024612,44769.612.36$10,032
Aug 20241012,58275.632.06$12,967
Jul 2024872,63679.932.15$12,612
Jun 2024762,31678.082.63$12,034
May 2024902,49378.812.20$12,574
Apr 2024692,83884.451.66$10,536
Mar 2024691,69780.301.55$8,163
Feb 2024942,44376.091.78$11,510
Jan 2024922,53473.023.30$15,074
Dec 20231092,70771.262.61$14,835
Nov 2023932,75977.892.81$14,990
Oct 2023942,85985.443.09$16,858
Sep 2023912,82989.042.74$15,840
Aug 2023912,78580.522.67$14,771
Jul 2023742,78674.852.64$12,899
Jun 2023782,81068.962.26$11,725
May 2023803,20070.622.23$12,777
Apr 20231113,07778.122.24$15,557
Mar 20231263,09672.852.39$16,588
Feb 2023642,72075.112.47$11,514
Jan 2023823,07776.533.39$16,699
Dec 2022663,16576.415.73$23,176
Nov 20221033,15485.005.65$26,563
Oct 20221073,37087.185.86$29,089
Sep 20221093,34384.888.16$36,543
Aug 20221073,47094.529.13$41,785
Jul 20221233,538101.587.54$39,178
Jun 20221303,399115.097.98$42,076
May 20221453,658109.378.43$46,707
Apr 20221063,442104.226.84$34,582
Mar 20221083,401108.885.08$29,024
Feb 20221473,13591.054.86$28,617
Jan 20221253,34781.844.54$25,418
Dec 20211533,55371.323.90$24,766
Nov 20211193,44477.435.24$27,250
Oct 20211333,59079.795.71$31,125
Sep 20211183,49669.865.35$26,950
Aug 20211323,68666.024.22$24,272
Jul 20211333,53670.783.98$23,494
Jun 20211323,36769.493.38$20,555
May 20211443,55463.483.02$19,866
Apr 20211313,35160.362.76$17,151
Mar 20211503,55861.302.72$18,862
Feb 20211413,09057.805.55$25,293
Jan 20211493,59450.412.81$17,611
Dec 20201633,49844.642.68$16,635
Nov 20201483,76038.772.71$15,915
Oct 20201503,50436.972.48$14,230
Sep 20201492,83137.091.99$11,163
Aug 20201653,65539.982.39$15,314
Jul 2020793,65938.371.83$9,709
Jun 2020743,77134.901.69$8,957
May 2020743,53016.921.81$7,658
Apr 20203373,55414.751.80$11,384
Mar 20201883,64630.341.86$12,472
Feb 20201363,40849.881.98$13,534
Jan 20201083,27657.252.09$13,045
Dec 2019923,53159.012.30$13,566
Nov 2019833,60155.302.75$14,495
Oct 20191394,11453.472.42$17,382
Sep 2019703,26955.052.66$12,540
Aug 2019604,00853.112.30$12,422
Jul 2019893,78556.272.46$14,319
Jun 2019704,00152.782.49$13,662
May 2019844,12558.482.74$16,216
Apr 2019814,13662.632.75$16,450
Mar 2019924,37356.803.06$18,616
Feb 2019753,82450.852.79$14,491
Jan 2019874,38746.033.23$18,167
Dec 2018844,42946.594.19$22,451
Nov 2018954,27952.934.24$23,160
Oct 2018674,46761.443.40$19,296
Sep 2018644,27959.543.11$17,110
Aug 2018834,62959.403.07$19,125
Jul 2018954,75165.142.93$20,118
Jun 2018784,51260.183.08$18,577
May 2018774,84265.382.90$19,080
Apr 20181064,68663.842.90$20,360
Mar 20181284,89561.222.79$21,478
Feb 20181264,54361.782.77$20,351
Jan 20181255,02962.874.01$28,022
Dec 20171285,10357.272.92$22,239
Nov 20171655,25455.423.12$25,528
Oct 20171905,45849.292.98$25,650
Sep 2017895,36947.523.09$20,805
Aug 20171325,71845.373.00$23,168
Jul 20171336,32743.873.09$25,368
Jun 20171356,27942.493.09$25,121
May 20171336,35945.373.26$26,786
Apr 20171376,20447.933.21$26,491
Mar 20171026,10646.772.98$22,989
Feb 20171175,64450.452.95$22,567
Jan 20171276,22149.413.42$27,543
Dec 20161166,21448.763.72$28,790
Nov 2016886,35142.492.64$20,533
Oct 20161076,29746.193.09$24,402
Sep 20161416,62941.553.10$26,413
Aug 20161186,55441.442.92$24,056
Jul 20161347,07341.622.92$26,261
Jun 20161416,84345.352.69$24,773
May 20161367,30142.521.99$20,319
Apr 20161537,18736.561.99$19,903
Mar 20161857,40433.011.79$19,390
Feb 20161667,51126.472.06$19,894
Jan 20161667,63027.352.36$22,580
Dec 20151847,58332.362.00$21,131
Nov 20151817,38738.792.17$23,031
Oct 20151438,03443.552.43$25,723
Sep 20151918,13842.992.76$30,659
Aug 20151798,58540.162.87$31,849
Jul 20151788,82548.152.95$34,561
Jun 20151798,73856.152.88$35,241
May 20152169,32755.212.96$39,491
Apr 20151969,63449.822.71$35,840
Mar 201522610,10042.892.93$39,334
Feb 20152389,99444.662.98$40,373
Jan 20152769,56943.433.10$41,657
Dec 201427110,52354.693.59$52,613
Nov 20142369,90970.464.25$58,760
Oct 201435511,50278.303.90$72,665
Sep 201445010,26286.164.05$80,286
Aug 201436711,55689.394.04$79,436
Jul 201424912,25796.564.18$75,273
Jun 201430312,25998.164.74$87,812
May 201438613,49294.734.73$100,337
Apr 201425313,85295.944.81$90,889
Mar 201436215,13295.895.06$111,232
Feb 201451913,77897.406.19$135,864
Jan 201433814,44390.404.86$100,759
Dec 201331615,71791.824.35$97,454
Nov 201346916,50788.853.74$103,378
Oct 201347219,54697.423.78$119,854
Sep 201342420,436104.113.72$120,118
Aug 201351123,987104.253.52$137,769
Jul 201371724,412102.523.72$164,264
Jun 201383524,18194.403.93$173,938
May 201387426,75494.834.15$193,886
Apr 20131,04728,62493.964.28$220,961
Mar 20131,41232,23293.623.91$258,311
Feb 20131,10229,15291.233.42$200,233
Jan 201388219,67391.603.42$148,071
Dec 20121,72426,18786.773.42$239,155
Nov 201234525,89686.953.62$123,870
Oct 20121,49930,52289.383.40$237,746
Sep 20121,61635,96294.672.92$257,938
Aug 20121,76644,67492.662.91$293,557
Jul 20122,05253,55485.133.02$336,463
Jun 20122,26160,97379.822.52$334,066
May 20122,75363,97591.612.49$411,393
Apr 20123,41085,800101.652.00$517,952
Mar 20121,71747,542105.052.22$286,013

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           111 bbl  × $106.41 =    $11,812
Gas                  811 Mcf  × $  3.05 =     $2,470

────────────────────────────────────────────────────
Month total                                  $14,282

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/265268 is the state's own key, not one this site invented.