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 265603District 04Field 342042002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.0 M
Dec 2011 – May 2026
Value, last 12 filed months
$166 k
at the published price for each month
Months reported
174
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 Gas112013-01-16205532
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
CondensateDisposition41,350 bbl$3,221,701
GasProduction1,174,571 Mcf$3,755,281
Total$6,976,982

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 28.1629, -99.4899. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.16286, -99.48990 · 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
9,787 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 9,787 ft.

Completions filed
Dec 2011
1 of 1 wells

1 well

42-4794132116H9,787 ftDec 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 (174)

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

174 months

May 20261331,787106.413.05$19,595
Apr 2026771,87698.932.87$13,001
Mar 20261131,71889.753.15$15,552
Feb 2026931,33863.503.75$10,923
Jan 20261241,62359.138.00$20,313
Dec 20251471,74056.664.41$16,008
Nov 20251251,73958.593.93$14,152
Oct 20251281,89759.383.30$13,870
Sep 2025931,75662.743.08$11,238
Aug 2025931,50663.933.01$10,486
Jul 2025831,52466.743.32$10,592
Jun 2025811,47866.483.13$10,009
May 20251271,54360.553.23$12,677
Apr 2025691,61562.363.54$10,025
Mar 20251571,62767.704.27$17,573
Feb 2025701,41070.884.34$11,082
Jan 20251601,63574.324.28$18,887
Dec 2024861,76468.993.12$11,439
Nov 2024881,88269.052.20$10,214
Oct 20241291,83371.372.28$13,389
Sep 2024721,83869.612.36$9,358
Aug 20241181,92075.632.06$12,887
Jul 20241032,00979.932.15$12,545
Jun 2024881,95278.082.63$12,013
May 20241052,03478.812.20$12,747
Apr 2024902,17084.451.66$11,201
Mar 20241302,21780.301.55$13,865
Feb 20241021,94676.091.78$11,232
Jan 2024951,58273.023.30$12,154
Dec 20231251,92971.262.61$13,944
Nov 20231091,63277.892.81$13,072
Oct 20231091,96285.443.09$15,370
Sep 20231062,03089.042.74$14,990
Aug 20231061,92680.522.67$13,683
Jul 2023872,02774.852.64$11,867
Jun 2023911,90068.962.26$10,566
May 2023932,26170.622.23$11,604
Apr 20231292,20478.122.24$15,010
Mar 20231472,17872.852.39$15,921
Feb 2023751,81875.112.47$10,116
Jan 2023952,04976.533.39$14,212
Dec 2022762,42576.415.73$19,700
Nov 20221172,06985.005.65$21,627
Oct 20221252,16987.185.86$23,616
Sep 20221262,41584.888.16$30,410
Aug 20221252,31994.529.13$32,981
Jul 20221432,439101.587.54$32,921
Jun 20221522,390115.097.98$36,559
May 20221692,637109.378.43$40,721
Apr 20221222,445104.226.84$29,433
Mar 20221242,523108.885.08$26,309
Feb 20221722,22291.054.86$26,457
Jan 20221462,35281.844.54$22,621
Dec 20211802,60271.323.90$22,983
Nov 20211392,65077.435.24$24,640
Oct 20211582,77879.795.71$28,480
Sep 20211382,71569.865.35$24,168
Aug 20211542,90666.024.22$22,432
Jul 20211552,84670.783.98$22,304
Jun 20211532,69369.493.38$19,736
May 20211672,77063.483.02$18,960
Apr 20211532,63960.362.76$16,515
Mar 20211912,80961.302.72$19,340
Feb 20212052,40257.805.55$25,175
Jan 20211752,92450.412.81$17,039
Dec 20201892,90244.642.68$16,201
Nov 20201732,58038.772.71$13,690
Oct 20201792,47436.972.48$12,749
Sep 20201762,59537.091.99$11,695
Aug 20202232,67739.982.39$15,300
Jul 20201972,64338.371.83$12,383
Jun 20201922,63534.901.69$11,155
May 20201892,46716.921.81$7,675
Apr 20202642,73814.751.80$8,834
Mar 20202882,95130.341.86$14,216
Feb 20202962,80349.881.98$20,316
Jan 20202742,94357.252.09$21,851
Dec 20192402,99459.012.30$21,062
Nov 20193642,99955.302.75$28,379
Oct 20191383,39353.472.42$15,585
Sep 2019532,80255.052.66$10,363
Aug 2019973,38153.112.30$12,943
Jul 20191593,34156.272.46$17,166
Jun 20191503,26552.782.49$16,051
May 20191493,37258.482.74$17,954
Apr 20191573,40062.632.75$19,185
Mar 20191813,54456.803.06$21,133
Feb 20191493,10650.852.79$16,249
Jan 20191343,57646.033.23$17,712
Dec 20181603,62646.594.19$22,631
Nov 20182243,50152.934.24$26,691
Oct 20181013,57861.443.40$18,364
Sep 2018833,49659.543.11$15,807
Aug 20181243,81559.403.07$19,065
Jul 20181523,94065.142.93$21,453
Jun 20181623,75660.183.08$21,306
May 20181294,04365.382.90$20,162
Apr 20182123,93363.842.90$24,943
Mar 20181334,82661.222.79$21,592
Feb 2018992,48861.782.77$12,998
Jan 20181663,80662.874.01$25,696
Dec 20171433,74857.272.92$19,139
Nov 20171093,81455.423.12$17,934
Oct 20171333,89249.292.98$18,168
Sep 2017743,88447.523.09$15,507
Aug 2017974,00345.373.00$16,428
Jul 2017914,05043.873.09$16,496
Jun 20171024,12542.493.09$17,069
May 20171034,14645.373.26$18,203
Apr 20171174,31647.933.21$19,469
Mar 20171014,46146.772.98$18,034
Feb 20171174,04950.452.95$17,858
Jan 20171094,45949.413.42$20,630
Dec 2016634,23848.763.72$18,849
Nov 20161224,59542.492.64$17,335
Oct 20161004,81046.193.09$19,483
Sep 20161365,18541.553.10$21,728
Aug 20161165,05941.442.92$19,601
Jul 20161345,31541.622.92$21,120
Jun 20161425,12145.352.69$20,194
May 20161275,19242.521.99$15,738
Apr 20161565,45436.561.99$16,562
Mar 20161575,04233.011.79$14,228
Feb 20161495,02726.472.06$14,318
Jan 20161495,49027.352.36$17,055
Dec 20151535,84432.362.00$16,647
Nov 20151445,61038.792.17$17,744
Oct 20151116,18943.552.43$19,852
Sep 20151486,37842.992.76$23,956
Aug 20151416,68840.162.87$24,874
Jul 20151436,88348.152.95$27,156
Jun 20151466,71956.152.88$27,568
May 20151887,19255.212.96$31,635
Apr 20151867,14649.822.71$28,608
Mar 20152097,43742.892.93$30,789
Feb 20152067,04844.662.98$30,176
Jan 20152257,58743.433.10$33,296
Dec 20142187,64154.693.59$39,364
Nov 20141917,65070.464.25$45,984
Oct 20142188,53878.303.90$50,376
Sep 20141768,16186.164.05$48,179
Aug 20141868,84789.394.04$52,325
Jul 20141578,50996.564.18$50,724
Jun 20142239,62298.164.74$67,468
May 201439610,35894.734.73$86,471
Apr 20142359,07395.944.81$66,179
Mar 20141789,48495.895.06$65,027
Feb 20142057,64097.406.19$67,274
Jan 20143488,57790.404.86$73,150
Dec 20132279,62391.824.35$62,746
Nov 201367710,21988.853.74$98,353
Oct 201334211,42897.423.78$76,508
Sep 201323912,041104.113.72$69,648
Aug 201331413,529104.253.52$80,392
Jul 201333513,707102.523.72$85,303
Jun 201339613,48194.403.93$90,409
May 201337815,24494.834.15$99,094
Apr 201337015,82493.964.28$102,533
Mar 201358617,09693.623.91$121,756
Feb 201353420,37391.233.42$118,391
Jan 20132559,83691.603.42$56,996
Dec 201252720,93986.773.42$117,343
Nov 201252823,59986.953.62$131,455
Oct 201265526,58589.383.40$148,924
Sep 201269628,17794.672.92$148,122
Aug 201281231,82892.662.91$167,801
Jul 201298137,82185.133.02$197,762
Jun 20121,26234,71779.822.52$188,186
May 20121,34033,54991.612.49$206,238
Apr 20121,58740,736101.652.00$242,660
Mar 20122,05650,298105.052.22$327,749
Feb 20122,05156,657101.102.57$352,978
Jan 20122,33473,35898.092.73$429,509
Dec 2011187,20796.873.24$25,092

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           133 bbl  × $106.41 =    $14,153
Gas                1,787 Mcf  × $  3.05 =     $5,443

────────────────────────────────────────────────────
Month total                                  $19,595

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/265603 is the state's own key, not one this site invented.