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 265587District 04Field 342042002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.4 M
Nov 2011 – May 2026
Value, last 12 filed months
$55 k
at the published price for each month
Months reported
175
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 Gas112013-01-07205090
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
CondensateDisposition25,309 bbl$2,119,868
GasProduction1,020,626 Mcf$3,310,210
Total$5,430,078

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 28.1832, -99.4564. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.18317, -99.45641 · 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
9,684 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 9,684 ft.

Completions filed
Nov 2011
1 of 1 wells

1 well

42-4794142718H9,684 ftNov 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 (175)

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

175 months

May 2026181,330106.413.05$5,966
Apr 2026101,41898.932.87$5,059
Mar 202691,21189.753.15$4,622
Feb 20261324963.503.75$1,759
Jan 2026171,13759.138.00$10,099
Dec 2025201,25456.664.41$6,668
Nov 2025784258.593.93$3,716
Oct 20251644659.383.30$2,424
Sep 20251184562.743.08$3,290
Aug 20251393163.933.01$3,638
Jul 20251295866.743.32$3,977
Jun 2025111,00166.483.13$3,863
May 20251798460.553.23$4,210
Apr 2025101,12862.363.54$4,620
Mar 2025191,36567.704.27$7,113
Feb 20251072670.884.34$3,860
Jan 2025231,06374.324.28$6,258
Dec 2024121,06368.993.12$4,146
Nov 20241287869.052.20$2,759
Oct 20241886871.372.28$3,265
Sep 20241088169.612.36$2,779
Aug 20241771375.632.06$2,757
Jul 20241573579.932.15$2,777
Jun 20241387178.082.63$3,309
May 20241590578.812.20$3,172
Apr 20241389684.451.66$2,584
Mar 20241991380.301.55$2,936
Feb 2024161,13976.091.78$3,249
Jan 2024161,07973.023.30$4,727
Dec 20231885971.262.61$3,525
Nov 2023151,19277.892.81$4,515
Oct 2023151,35685.443.09$5,468
Sep 2023151,22589.042.74$4,686
Aug 2023141,07380.522.67$3,995
Jul 2023121,24774.852.64$4,193
Jun 2023131,36168.962.26$3,970
May 2023131,72770.622.23$4,765
Apr 2023181,76178.122.24$5,347
Mar 2023211,66072.852.39$5,503
Feb 2023111,67975.112.47$4,966
Jan 2023142,04776.533.39$8,006
Dec 2022131,98676.415.73$12,371
Nov 2022232,23185.005.65$14,552
Oct 2022182,47987.185.86$16,106
Sep 2022182,66184.888.16$23,251
Aug 2022183,06794.529.13$29,694
Jul 2022203,732101.587.54$30,179
Jun 2022134,156115.097.98$34,649
May 202212458109.378.43$5,175
Apr 2022172,015104.226.84$15,550
Mar 2022172,145108.885.08$12,740
Feb 2022221,75691.054.86$10,535
Jan 2022211,98181.844.54$10,708
Dec 2021252,14071.323.90$10,127
Nov 2021192,03777.435.24$12,139
Oct 2021222,11079.795.71$13,812
Sep 2021202,08769.865.35$12,565
Aug 2021222,22466.024.22$10,839
Jul 2021222,11670.783.98$9,983
Jun 2021222,03369.493.38$8,402
May 2021242,17263.483.02$8,078
Apr 2021212,04260.362.76$6,900
Mar 2021242,22261.302.72$7,508
Feb 2021201,92657.805.55$11,841
Jan 2021252,22050.412.81$7,499
Dec 2020272,13544.642.68$6,917
Nov 2020252,13238.772.71$6,740
Oct 2020252,19836.972.48$6,372
Sep 2020252,19637.091.99$5,300
Aug 2020312,24839.982.39$6,601
Jul 2020242,27738.371.83$5,077
Jun 2020252,24934.901.69$4,674
May 2020222,29116.921.81$4,530
Apr 2020242,30814.751.80$4,519
Mar 2020112,45130.341.86$4,883
Feb 2020152,27349.881.98$5,250
Jan 2020252,42257.252.09$6,505
Dec 2019682,41759.012.30$9,582
Nov 2019841,83855.302.75$9,701
Oct 2019652,24153.472.42$8,896
Sep 2019381,82555.052.66$6,941
Aug 2019482,24753.112.30$7,727
Jul 2019482,28556.272.46$8,322
Jun 2019332,21552.782.49$7,260
May 2019562,19058.482.74$9,276
Apr 2019522,11962.632.75$9,085
Mar 201992,64556.803.06$8,610
Feb 2019652,32850.852.79$9,806
Jan 2019842,92346.033.23$13,302
Dec 2018642,73646.594.19$14,433
Nov 20181022,75252.934.24$17,060
Oct 2018782,85361.443.40$14,487
Sep 2018822,76859.543.11$13,485
Aug 2018862,98059.403.07$14,247
Jul 20181063,05065.142.93$15,847
Jun 20181012,85860.183.08$14,872
May 2018762,95465.382.90$13,538
Apr 2018702,97063.842.90$13,084
Mar 2018663,11061.222.79$12,708
Feb 2018282,87061.782.77$9,669
Jan 2018703,09362.874.01$16,802
Dec 2017793,28557.272.92$14,122
Nov 2017823,40255.423.12$15,153
Oct 2017923,42949.292.98$14,766
Sep 2017553,44247.523.09$13,240
Aug 2017773,55845.373.00$14,183
Jul 2017743,65443.873.09$14,527
Jun 2017773,57842.493.09$14,318
May 20171073,73445.373.26$17,040
Apr 2017863,68247.933.21$15,947
Mar 2017753,83746.772.98$14,956
Feb 2017783,50850.452.95$14,293
Jan 2017793,89949.413.42$17,233
Dec 2016923,98048.763.72$19,303
Nov 20161714,63342.492.64$19,517
Oct 20161112,48946.193.09$12,819
Sep 20161773,81641.553.10$19,186
Aug 20161534,11041.442.92$18,359
Jul 20161794,39341.622.92$20,297
Jun 20161834,21845.352.69$19,628
May 20161674,52742.521.99$16,114
Apr 20161874,40036.561.99$15,597
Mar 20161784,51833.011.79$13,981
Feb 2016764,46626.472.06$11,228
Jan 2016714,32027.352.36$12,156
Dec 2015774,66632.362.00$11,830
Nov 2015624,70638.792.17$12,604
Oct 2015574,06943.552.43$12,356
Sep 2015854,14242.992.76$15,080
Aug 2015963,66840.162.87$14,392
Jul 2015824,39748.152.95$16,898
Jun 2015933,61156.152.88$15,632
May 20151194,63055.212.96$20,254
Apr 20151025,72749.822.71$20,582
Mar 20151215,99942.892.93$22,795
Feb 20151314,75744.662.98$20,008
Jan 20151284,62043.433.10$19,884
Dec 20141235,22054.693.59$25,474
Nov 2014995,64470.464.25$30,973
Oct 20141116,40678.303.90$33,681
Sep 20141087,35786.164.05$39,068
Aug 20141737,36789.394.04$45,191
Jul 20141557,83896.564.18$47,727
Jun 20142358,14198.164.74$61,631
May 20141637,60594.734.73$51,386
Apr 20141008,34195.944.81$49,707
Mar 2014758,79195.895.06$51,646
Feb 20141027,10397.406.19$53,917
Jan 20142098,38990.404.86$59,670
Dec 20132799,59891.824.35$67,412
Nov 20133209,23088.853.74$62,936
Oct 201340310,96297.423.78$80,690
Sep 20132619,888104.113.72$63,934
Aug 201324811,481104.253.52$66,297
Jul 201328811,656102.523.72$72,860
Jun 201322211,58594.403.93$66,525
May 201324813,61994.834.15$80,024
Apr 201333612,54093.964.28$85,274
Mar 201318613,47093.623.91$70,120
Feb 201323912,90591.233.42$65,938
Jan 201335915,69491.603.42$86,556
Dec 201237817,32086.773.42$92,036
Nov 201241118,91486.953.62$104,299
Oct 201244122,88489.383.40$117,215
Sep 201249522,80694.672.92$113,419
Aug 201256126,78692.662.91$129,880
Jul 201270827,36385.133.02$142,930
Jun 201270328,89979.822.52$128,911
May 201293631,94391.612.49$165,231
Apr 20121,16031,008101.652.00$179,831
Mar 20121,60441,862105.052.22$261,521
Feb 20122,50448,083101.102.57$376,739
Jan 20122,44660,14598.092.73$404,369
Dec 201197864,13396.873.24$302,513
Nov 201115611,32195.723.31$52,419

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            18 bbl  × $106.41 =     $1,915
Gas                1,330 Mcf  × $  3.05 =     $4,051

────────────────────────────────────────────────────
Month total                                   $5,966

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/265587 is the state's own key, not one this site invented.