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 265615District 04Field 342042002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.2 M
Jan 2012 – May 2026
Value, last 12 filed months
$38 k
at the published price for each month
Months reported
173
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 Gas112013-01-31205533
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
CondensateDisposition20,973 bbl$1,754,675
GasProduction1,075,751 Mcf$3,411,507
Total$5,166,182

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 28.1935, -99.4558. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.19347, -99.45585 · 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
9,654 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 9,654 ft.

Completions filed
Jan 2012
1 of 1 wells

1 well

42-4794157719H9,654 ftJan 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 (173)

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

173 months

May 202624507106.413.05$4,098
Apr 2026859398.932.87$2,493
Mar 20261948189.753.15$3,220
Feb 20261656463.503.75$3,131
Jan 20262254059.138.00$5,620
Dec 20252856556.664.41$4,080
Nov 20252142258.593.93$2,887
Oct 20252038659.383.30$2,463
Sep 20251944462.743.08$2,558
Aug 20251841063.933.01$2,387
Jul 20251638666.743.32$2,348
Jun 20251351166.483.13$2,463
May 20252412260.553.23$1,848
Apr 20251439062.363.54$2,255
Mar 20252727167.704.27$2,985
Feb 20251219070.884.34$1,675
Jan 20253024274.324.28$3,265
Dec 20241926368.993.12$2,132
Nov 20241718269.052.20$1,574
Oct 20242619071.372.28$2,289
Sep 20241423669.612.36$1,533
Aug 20242426575.632.06$2,362
Jul 20242133379.932.15$2,393
Jun 20241831678.082.63$2,238
May 20242135778.812.20$2,440
Apr 20241837984.451.66$2,149
Mar 20242639580.301.55$2,698
Feb 20242236676.091.78$2,327
Jan 20242249373.023.30$3,232
Dec 20232655571.262.61$3,302
Nov 20232257077.892.81$3,314
Oct 20232261885.443.09$3,788
Sep 20232164089.042.74$3,620
Aug 20232163280.522.67$3,380
Jul 20231766874.852.64$3,037
Jun 20231867868.962.26$2,773
May 20231992170.622.23$3,393
Apr 20232691178.122.24$4,070
Mar 20232996272.852.39$4,415
Feb 20231596275.112.47$3,499
Jan 2023191,23276.533.39$5,628
Dec 2022191,31376.415.73$8,974
Nov 2022321,51885.005.65$11,291
Oct 2022251,83187.185.86$12,916
Sep 2022252,09884.888.16$19,249
Aug 2022252,61494.529.13$26,221
Jul 2022253,350101.587.54$27,805
Jun 202221,853115.097.98$15,012
May 2022110109.378.43$1,203
Apr 2022251,857104.226.84$15,303
Mar 2022251,936108.885.08$12,550
Feb 2022341,74491.054.86$11,570
Jan 2022291,85181.844.54$10,773
Dec 2021351,98971.323.90$10,252
Nov 2021281,96477.435.24$12,453
Oct 2021322,01979.795.71$14,090
Sep 2021282,06569.865.35$13,006
Aug 2021312,09266.024.22$10,876
Jul 2021312,02970.783.98$10,274
Jun 2021311,93969.493.38$8,709
May 2021332,01863.483.02$8,185
Apr 2021301,94960.362.76$7,187
Mar 2021332,09361.302.72$7,709
Feb 2021281,76257.805.55$11,394
Jan 2021352,11250.412.81$7,700
Dec 2020392,07644.642.68$7,295
Nov 2020342,09538.772.71$6,988
Oct 2020352,10136.972.48$6,501
Sep 2020352,10337.091.99$5,485
Aug 2020352,18339.982.39$6,606
Jul 202012,19638.371.83$4,046
Jun 202002,22534.901.69$3,761
May 202002,52716.921.81$4,586
Apr 2020122,16714.751.80$4,087
Mar 2020152,43030.341.86$4,966
Feb 2020162,40649.881.98$5,564
Jan 2020182,57857.252.09$6,431
Dec 2019392,44459.012.30$7,933
Nov 2019422,48655.302.75$9,161
Oct 2019392,78553.472.42$8,821
Sep 2019272,31355.052.66$7,633
Aug 2019352,78853.112.30$8,283
Jul 2019482,82056.272.46$9,638
Jun 2019362,74352.782.49$8,733
May 2019442,75558.482.74$10,123
Apr 2019452,82862.632.75$10,597
Mar 2019442,97956.803.06$11,621
Feb 2019372,61450.852.79$9,180
Jan 2019363,01046.033.23$11,374
Dec 2018363,04346.594.19$14,414
Nov 2018382,93852.934.24$14,460
Oct 2018403,01161.443.40$12,689
Sep 2018472,97759.543.11$12,051
Aug 2018473,22059.403.07$12,666
Jul 2018483,29565.142.93$12,787
Jun 2018403,11460.183.08$11,989
May 2018393,32165.382.90$12,183
Apr 2018463,24363.842.90$12,344
Mar 2018593,38861.222.79$13,054
Feb 2018743,16861.782.77$13,335
Jan 2018863,52662.874.01$19,544
Dec 2017803,61057.272.92$15,128
Nov 2017693,77355.423.12$15,590
Oct 20171124,14349.292.98$17,882
Sep 2017413,47247.523.09$12,667
Aug 2017412,20745.373.00$8,491
Jul 2017663,79743.873.09$14,618
Jun 2017713,84742.493.09$14,894
May 2017674,02145.373.26$16,162
Apr 2017674,08247.933.21$16,321
Mar 2017524,16846.772.98$14,868
Feb 2017653,51250.452.95$13,649
Jan 2017804,21249.413.42$18,353
Dec 2016604,22248.763.72$18,643
Nov 2016584,68042.492.64$14,840
Oct 2016392,84746.193.09$10,599
Sep 2016734,27241.553.10$16,279
Aug 2016754,39341.442.92$15,955
Jul 20161004,79241.622.92$18,175
Jun 20161734,42945.352.69$19,741
May 2016864,94442.521.99$13,500
Apr 2016854,77536.561.99$12,615
Mar 2016854,91233.011.79$11,618
Feb 2016764,86126.472.06$12,043
Jan 2016815,06727.352.36$14,196
Dec 2015885,27732.362.00$13,409
Nov 2015885,24538.792.17$14,781
Oct 2015695,71943.552.43$16,883
Sep 2015825,72842.992.76$19,325
Aug 2015766,05640.162.87$20,448
Jul 2015806,31448.152.95$22,447
Jun 2015746,14856.152.88$21,879
May 2015846,20655.212.96$22,979
Apr 2015886,63349.822.71$22,337
Mar 20151097,21442.892.93$25,846
Feb 2015936,91944.662.98$24,746
Jan 20151076,79343.433.10$25,710
Dec 20141067,06654.693.59$31,174
Nov 2014877,32870.464.25$37,288
Oct 20141098,00578.303.90$39,762
Sep 2014948,28286.164.05$41,603
Aug 2014988,48689.394.04$43,002
Jul 2014979,06496.564.18$47,250
Jun 20141559,29698.164.74$59,249
May 201415110,68294.734.73$64,793
Apr 201415610,41495.944.81$65,049
Mar 201416010,06195.895.06$66,219
Feb 20141307,43997.406.19$58,724
Jan 20141298,50890.404.86$53,017
Dec 20131469,86991.824.35$56,380
Nov 20131189,60888.853.74$46,402
Oct 20139311,29397.423.78$51,740
Sep 201311311,830104.113.72$55,745
Aug 201320213,470104.253.52$68,508
Jul 201322813,475102.523.72$73,471
Jun 201313512,80194.403.93$63,096
May 201317715,55494.834.15$81,320
Apr 201323517,28093.964.28$96,084
Mar 201324319,16393.623.91$97,732
Feb 201337317,55591.233.42$94,065
Jan 201355225,22891.603.42$136,841
Dec 201241221,01986.773.42$107,638
Nov 201262621,82086.953.62$133,527
Oct 201282828,34489.383.40$170,367
Sep 201245523,91394.672.92$112,863
Aug 201275127,18892.662.91$148,655
Jul 201289934,75285.133.02$181,511
Jun 20121,00241,83379.822.52$185,359
May 20121,15544,56391.612.49$216,697
Apr 20121,56658,936101.652.00$276,867
Mar 20122,43775,113105.052.22$422,914
Feb 20121,02076,078101.102.57$298,661
Jan 2012973,10598.092.73$18,004

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            24 bbl  × $106.41 =     $2,554
Gas                  507 Mcf  × $  3.05 =     $1,544

────────────────────────────────────────────────────
Month total                                   $4,098

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/265615 is the state's own key, not one this site invented.