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 265605District 04Field 342042002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.7 M
Jun 2011 – May 2026
Value, last 12 filed months
$50 k
at the published price for each month
Months reported
180
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 Gas112013-01-17203217
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
CondensateDisposition21,040 bbl$1,731,652
GasProduction847,502 Mcf$2,945,874
Total$4,677,526

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 28.1740, -99.4694. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.17399, -99.46943 · 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
9,940 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 9,940 ft.

Completions filed
Jun 2011
1 of 1 wells

1 well

42-4794122411H9,940 ftJun 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 (180)

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

180 months

May 202621544106.413.05$3,892
Apr 20261260198.932.87$2,912
Mar 20261859089.753.15$3,474
Feb 20261553163.503.75$2,944
Jan 20261957459.138.00$5,714
Dec 20252259656.664.41$3,877
Nov 20252066558.593.93$3,783
Oct 20252064159.383.30$3,306
Sep 20251567862.743.08$3,027
Aug 20251470263.933.01$3,011
Jul 2025131,05966.743.32$4,378
Jun 2025132,77266.483.13$9,537
May 2025203,18360.553.23$11,499
Apr 2025112,19162.363.54$8,449
Mar 2025252,35067.704.27$11,723
Feb 2025112,12870.884.34$10,017
Jan 2025231,23774.324.28$7,002
Dec 2024121,04568.993.12$4,090
Nov 2024131,06769.052.20$3,243
Oct 2024202,67871.372.28$7,537
Sep 2024111,17269.612.36$3,537
Aug 2024181,29175.632.06$4,025
Jul 2024161,07579.932.15$3,586
Jun 2024141,23978.082.63$4,357
May 2024161,02478.812.20$3,512
Apr 20241494684.451.66$2,752
Mar 20241991380.301.55$2,936
Feb 20241289076.091.78$2,501
Jan 20241587673.023.30$3,984
Dec 20232084171.262.61$3,621
Nov 20231588377.892.81$3,647
Oct 20231593285.443.09$4,159
Sep 20231799089.042.74$4,221
Aug 20231799780.522.67$4,034
Jul 2023131,09574.852.64$3,866
Jun 2023141,67768.962.26$4,753
May 2023141,70170.622.23$4,777
Apr 2023201,41678.122.24$4,731
Mar 2023231,57372.852.39$5,440
Feb 2023111,16975.112.47$3,709
Jan 2023141,21076.533.39$5,171
Dec 2022151,17276.415.73$7,861
Nov 2022251,22885.005.65$9,059
Oct 2022191,32687.185.86$9,432
Sep 2022201,30384.888.16$12,335
Aug 2022201,34494.529.13$14,157
Jul 2022221,386101.587.54$12,688
Jun 2022241,650115.097.98$15,925
May 2022261,563109.378.43$16,024
Apr 2022191,355104.226.84$11,245
Mar 2022191,377108.885.08$9,059
Feb 2022261,19991.054.86$8,193
Jan 2022231,30081.844.54$7,781
Dec 2021281,39571.323.90$7,436
Nov 2021221,36677.435.24$8,857
Oct 2021241,43279.795.71$10,097
Sep 2021221,38969.865.35$8,969
Aug 2021241,49266.024.22$7,882
Jul 2021241,42870.783.98$7,385
Jun 2021241,42269.493.38$6,475
May 2021251,49063.483.02$6,083
Apr 2021241,51560.362.76$5,628
Mar 2021261,52161.302.72$5,726
Feb 2021221,31657.805.55$8,573
Jan 2021271,53050.412.81$5,661
Dec 2020301,48844.642.68$5,320
Nov 2020231,52338.772.71$5,014
Oct 2020281,62136.972.48$5,053
Sep 2020271,52437.091.99$4,036
Aug 2020331,55739.982.39$5,033
Jul 2020211,55038.371.83$3,635
Jun 2020221,55134.901.69$3,389
May 2020201,59416.921.81$3,231
Apr 2020281,59114.751.80$3,284
Mar 2020271,65330.341.86$3,888
Feb 2020271,56949.881.98$4,454
Jan 2020121,69257.252.09$4,231
Dec 2019171,64159.012.30$4,785
Nov 2019481,63555.302.75$7,152
Oct 2019461,86453.472.42$6,968
Sep 2019181,42655.052.66$4,780
Aug 2019281,85053.112.30$5,750
Jul 2019321,94156.272.46$6,576
Jun 2019151,76852.782.49$5,196
May 2019171,80058.482.74$5,927
Apr 2019331,83562.632.75$7,114
Mar 2019501,90756.803.06$8,679
Feb 2019571,66550.852.79$7,548
Jan 2019721,89446.033.23$9,428
Dec 2018351,92746.594.19$9,696
Nov 2018401,62652.934.24$9,007
Oct 2018261,56061.443.40$6,898
Sep 2018271,52359.543.11$6,341
Aug 2018321,65459.403.07$6,973
Jul 2018371,72065.142.93$7,453
Jun 2018291,68360.183.08$6,924
May 2018271,86465.382.90$7,172
Apr 2018311,84363.842.90$7,325
Mar 2018331,98061.222.79$7,538
Feb 2018431,91261.782.77$7,945
Jan 2018472,12662.874.01$11,479
Dec 2017482,16857.272.92$9,083
Nov 20171132,24255.423.12$13,254
Oct 20172112,31149.292.98$17,295
Sep 2017912,26947.523.09$11,329
Aug 20171032,36245.373.00$11,770
Jul 2017512,43043.873.09$9,739
Jun 2017412,36742.493.09$9,050
May 2017472,45545.373.26$10,144
Apr 2017482,44847.933.21$10,163
Mar 2017402,55946.772.98$9,506
Feb 2017472,33450.452.95$9,263
Jan 2017482,66149.413.42$11,469
Dec 2016542,78948.763.72$13,016
Nov 2016523,12742.492.64$10,478
Oct 2016381,95346.193.09$7,791
Sep 2016652,84141.553.10$11,510
Aug 2016702,74141.442.92$10,916
Jul 2016522,85741.622.92$10,519
Jun 2016553,01345.352.69$10,587
May 2016533,12842.521.99$8,482
Apr 2016573,03436.561.99$8,125
Mar 2016663,10533.011.79$7,749
Feb 2016613,07426.472.06$7,958
Jan 2016643,22827.352.36$9,383
Dec 2015653,33232.362.00$8,772
Nov 2015673,37038.792.17$9,903
Oct 2015543,53643.552.43$10,932
Sep 2015703,42742.992.76$12,462
Aug 2015683,56340.162.87$12,966
Jul 2015673,67748.152.95$14,055
Jun 2015623,77156.152.88$14,353
May 2015793,96655.212.96$16,083
Apr 2015823,77049.822.71$14,289
Mar 2015933,93542.892.93$15,537
Feb 2015903,69944.662.98$15,028
Jan 2015903,92543.433.10$16,079
Dec 2014853,96754.693.59$18,896
Nov 2014744,14170.464.25$22,821
Oct 2014944,30278.303.90$24,142
Sep 2014784,40586.164.05$24,541
Aug 2014804,67989.394.04$26,032
Jul 2014804,97896.564.18$28,531
Jun 2014744,92998.164.74$30,612
May 20141045,36094.734.73$35,186
Apr 2014765,35495.944.81$33,039
Mar 20141005,68595.895.06$38,337
Feb 20141265,21297.406.19$44,545
Jan 2014985,24890.404.86$34,368
Dec 20131185,39691.824.35$34,332
Nov 20131425,21388.853.74$32,104
Oct 20131205,80597.423.78$33,630
Sep 20131006,014104.113.72$32,769
Aug 20131196,978104.253.52$36,987
Jul 20131216,763102.523.72$37,548
Jun 20131296,69494.403.93$38,508
May 20131477,55494.834.15$45,282
Apr 20131877,90693.964.28$51,429
Mar 20132118,46493.623.91$52,872
Feb 20131957,95691.233.42$44,999
Jan 20132719,48091.603.42$57,244
Dec 20123369,72686.773.42$62,419
Nov 20122459,60586.953.62$56,120
Oct 201237811,79789.383.40$73,892
Sep 201218212,84794.672.92$54,723
Aug 201218012,24292.662.91$52,280
Jul 201222313,63085.133.02$60,157
Jun 201223014,62279.822.52$55,192
May 201227816,29191.612.49$66,005
Apr 201230217,588101.652.00$65,818
Mar 201235420,177105.052.22$82,023
Feb 201245921,367101.102.57$101,323
Jan 201259326,55198.092.73$130,760
Dec 20111,04231,24896.873.24$202,174
Nov 20111,21027,54595.723.31$207,030
Oct 20111,63532,32284.983.65$256,870
Sep 20111,68342,93483.623.99$311,859
Aug 20112,14061,75883.404.15$434,730
Jul 20111,60856,14994.144.52$405,016
Jun 201121814,35592.904.64$86,858

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            21 bbl  × $106.41 =     $2,235
Gas                  544 Mcf  × $  3.05 =     $1,657

────────────────────────────────────────────────────
Month total                                   $3,892

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/265605 is the state's own key, not one this site invented.