GATES RANCH

Name: GATES RANCH lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BLACKBRUSH O & G, INC. (P-5 73027) in the GOLD RIVER, NORTH (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 61237District 04Field 35566500CondensateGasSave Export

Value, all time

$103 k

Jan 1993 – Feb 2006

Value, last 12 filed months

$4 k

at the published price for each month

Months reported

158

no gaps in the span

Streams

condensate, gas

The GOLD RIVER, NORTH (OLMOS) field

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 830 leases and 840 wells, and the rule below applies to all of them.

Discovered

1978-10-01

as the register files it

Field class

Oil and gas

the register's own label

Between wells

933 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2005-10-25.

The Commission's schedule remark for this field reads: “REMAIN SUSPENDED.”

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.

Stream	Basis	Volume	Value
Condensate	Disposition	1,271 bbl	$27,842
Gas	Production	66,601 Mcf	$75,497
Total			$103,339

45,617 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 28.1135, -99.7624. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.11354, -99.76241 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

5,775 ft

1 wells filed one

Completion to plug

32.0 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

NeitherNo plug date, and not on the schedule.

00.0%

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 5,775 ft.

Completions filed

Feb 1974

1 of 1 wells

Plug dates filed

Feb 2006

1 of 1 wells

Last completion to plug: a median of 32.0 years across the 1 well that filed both dates, with the middle half between 32.0 years and 32.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47930661	2	5,775 ft	Feb 1974	Feb 2006	Yes

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 (158)

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

158 months


Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	616	50.37	7.15	$4,407
Feb 2005	0	10	45.22	6.31	$63
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	1	0	36.10	6.43	$36
May 2004	1	0	37.48	6.49	$37
Apr 2004	3	0	34.47	5.86	$103
Mar 2004	0	278	34.36	5.53	$1,537
Feb 2004	4	195	32.45	5.51	$1,204
Jan 2004	0	128	32.03	6.30	$806
Dec 2003	0	83	30.26	6.30	$523
Nov 2003	0	138	28.80	4.60	$634
Oct 2003	53	59	28.17	4.76	$1,774
Sep 2003	0	164	26.31	4.75	$779
Aug 2003	89	175	29.76	5.13	$3,546
Jul 2003	0	189	29.41	5.17	$977
Jun 2003	0	282	28.56	5.98	$1,687
May 2003	50	770	26.59	5.97	$5,928
Apr 2003	0	488	26.67	5.41	$2,639
Mar 2003	28	267	31.14	6.10	$2,500
Feb 2003	28	212	33.48	7.93	$2,618
Jan 2003	25	236	30.31	5.58	$2,075
Dec 2002	0	299	26.91	4.85	$1,451
Nov 2002	0	258	24.66	4.14	$1,067
Oct 2002	18	208	26.46	4.23	$1,356
Sep 2002	0	213	27.44	3.64	$774
Aug 2002	16	217	25.96	3.16	$1,102
Jul 2002	0	242	24.58	3.06	$741
Jun 2002	5	203	23.73	3.34	$796
May 2002	12	164	24.66	3.58	$884
Apr 2002	0	156	23.65	3.51	$548
Mar 2002	11	90	22.00	3.10	$521
Feb 2002	12	64	18.22	2.38	$371
Jan 2002	0	100	17.17	2.38	$238
Dec 2001	13	138	16.93	2.36	$546
Nov 2001	13	101	18.07	2.41	$478
Oct 2001	12	107	19.78	2.53	$508
Sep 2001	0	134	24.26	2.25	$302
Aug 2001	0	161	24.87	3.05	$492
Jul 2001	17	235	23.93	3.20	$1,158
Jun 2001	0	170	24.56	3.82	$650
May 2001	16	184	25.52	4.31	$1,201
Apr 2001	16	196	24.68	5.34	$1,441
Mar 2001	32	208	24.54	5.38	$1,904
Feb 2001	15	213	27.75	5.77	$1,645
Jan 2001	15	184	27.47	8.40	$1,957
Dec 2000	0	146	26.88	9.12	$1,332
Nov 2000	18	167	32.21	5.66	$1,525
Oct 2000	18	225	31.23	5.15	$1,720
Sep 2000	16	200	31.87	5.19	$1,547
Aug 2000	14	211	29.64	4.54	$1,373
Jul 2000	0	198	28.53	4.09	$810
Jun 2000	15	242	29.30	4.40	$1,504
May 2000	24	194	27.26	3.68	$1,368
Apr 2000	0	122	24.51	3.12	$380
Mar 2000	0	118	28.42	2.86	$337
Feb 2000	32	154	27.62	2.73	$1,304
Jan 2000	0	201	25.27	2.48	$499
Dec 1999	12	193	24.28	2.42	$759
Nov 1999	0	176	23.19	2.43	$428
Oct 1999	15	261	20.98	2.80	$1,046
Sep 1999	0	275	21.75	2.62	$720
Aug 1999	0	178	19.26	2.88	$512
Jul 1999	18	272	17.89	2.37	$967
Jun 1999	0	217	15.94	2.36	$513
May 1999	23	447	15.79	2.32	$1,401
Apr 1999	0	233	15.10	2.21	$514
Mar 1999	31	373	12.47	1.84	$1,072
Feb 1999	0	414	9.98	1.82	$753
Jan 1999	0	302	10.38	1.90	$574
Dec 1998	46	298	9.20	1.77	$952
Nov 1998	0	275	10.89	2.19	$601
Oct 1998	0	310	12.42	1.97	$610
Sep 1998	0	511	12.59	2.08	$1,064
Aug 1998	0	276	11.30	1.91	$526
Jul 1998	8	393	11.74	2.24	$973
Jun 1998	0	225	11.24	2.24	$503
May 1998	0	179	12.62	2.21	$395
Apr 1998	25	526	13.04	2.51	$1,644
Mar 1998	10	458	12.80	2.31	$1,186
Feb 1998	0	200	13.95	2.30	$460
Jan 1998	6	103	14.70	2.15	$310
Dec 1997	0	101	16.32	2.41	$244
Nov 1997	0	150	18.19	3.09	$463
Oct 1997	9	51	19.25	3.15	$334
Sep 1997	0	449	17.74	2.95	$1,327
Aug 1997	9	50	17.86	2.55	$288
Jul 1997	0	329	17.58	2.25	$739
Jun 1997	0	462	17.24	2.26	$1,043
May 1997	33	494	18.97	2.31	$1,766
Apr 1997	0	288	17.88	2.08	$600
Mar 1997	7	336	18.95	1.94	$784
Feb 1997	6	320	20.49	2.21	$829
Jan 1997	0	146	23.48	3.54	$517
Dec 1996	3	158	23.32	—	$70
Nov 1996	0	33	21.97	—	$0
Oct 1996	8	113	23.31	—	$186
Sep 1996	13	258	22.22	—	$289
Aug 1996	0	370	20.26	—	$0
Jul 1996	0	484	19.55	—	$0
Jun 1996	17	519	18.73	—	$318
May 1996	14	449	19.43	—	$272
Apr 1996	0	379	21.51	—	$0
Mar 1996	9	269	19.38	—	$174
Feb 1996	6	394	16.98	—	$102
Jan 1996	3	113	17.07	—	$51
Dec 1995	0	195	17.19	—	$0
Nov 1995	3	65	16.00	—	$48
Oct 1995	6	35	15.43	—	$93
Sep 1995	17	1,643	16.18	—	$275
Aug 1995	14	1,220	15.92	—	$223
Jul 1995	0	1,260	15.24	—	$0
Jun 1995	14	1,193	16.41	—	$230
May 1995	0	1,170	17.56	—	$0
Apr 1995	15	895	17.73	—	$266
Mar 1995	19	810	16.44	—	$312
Feb 1995	28	826	16.58	—	$464
Jan 1995	33	952	15.92	—	$525
Dec 1994	32	985	15.03	—	$481
Nov 1994	0	1,039	15.90	—	$0
Oct 1994	60	1,078	15.58	—	$935
Sep 1994	0	1,108	15.29	—	$0
Aug 1994	2	1,181	16.13	—	$32
Jul 1994	3	580	17.56	—	$53
Jun 1994	2	807	17.09	—	$34
May 1994	0	823	15.88	—	$0
Apr 1994	3	1,083	14.14	—	$42
Mar 1994	0	1,294	12.46	—	$0
Feb 1994	0	1,209	12.50	—	$0
Jan 1994	0	937	12.66	—	$0
Dec 1993	2	1,505	12.33	—	$25
Nov 1993	5	1,326	14.49	—	$72
Oct 1993	8	1,084	15.85	—	$127
Sep 1993	0	1,328	15.03	—	$0
Aug 1993	12	1,413	15.66	—	$188
Jul 1993	12	1,592	15.46	—	$186
Jun 1993	0	1,660	16.79	—	$0
May 1993	5	1,272	17.68	—	$88
Apr 1993	3	1,931	18.05	—	$54
Mar 1993	0	2,998	18.14	—	$0
Feb 1993	0	2,379	17.90	—	$0
Jan 1993	0	1,202	16.93	—	$0

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.

Mar 2005 — as filed, then multipliedworked

Condensate             0 bbl  × $ 50.37 =         $0
Gas                  616 Mcf  × $  7.15 =     $4,407

────────────────────────────────────────────────────
Month total                                   $4,407

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/61237 is the state's own key, not one this site invented.