GATES -B-

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

Operated by LEWIS PETRO PROPERTIES, INC. (P-5 499978) 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 70143District 04Field 35566500CondensateGasSave Export

Value, all time

$573 k

Jan 1993 – Oct 2017

Value, last 12 filed months

$39

at the published price for each month

Months reported

298

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	127 bbl	$5,195
Gas	Production	228,133 Mcf	$568,212
Total			$573,406

93,999 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 28.0896, -99.8432. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.08961, -99.84322 · 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

5,675 ft

1 wells filed one

Completion to plug

40.7 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 5,675 ft.

Completions filed

Feb 1977

1 of 1 wells

Plug dates filed

Oct 2017

1 of 1 wells

Last completion to plug: a median of 40.7 years across the 1 well that filed both dates, with the middle half between 40.7 years and 40.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47931443	5	5,675 ft	Feb 1977	Oct 2017	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 (298)

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

298 months


Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	2	45.37	3.00	$6
Jul 2017	0	5	43.87	3.09	$15
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	1	47.93	3.21	$3
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	5	50.45	2.95	$15
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	2	36.56	1.99	$4
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	11	43.43	3.10	$34
Dec 2014	0	9	54.69	3.59	$32
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	1	78.30	3.90	$4
Sep 2014	0	22	86.16	4.05	$89
Aug 2014	0	80	89.39	4.04	$323
Jul 2014	0	86	96.56	4.18	$359
Jun 2014	0	56	98.16	4.74	$265
May 2014	0	8	94.73	4.73	$38
Apr 2014	0	7	95.94	4.81	$34
Mar 2014	0	139	95.89	5.06	$703
Feb 2014	0	118	97.40	6.19	$731
Jan 2014	0	44	90.40	4.86	$214
Dec 2013	0	88	91.82	4.35	$383
Nov 2013	0	87	88.85	3.74	$325
Oct 2013	0	54	97.42	3.78	$204
Sep 2013	0	79	104.11	3.72	$294
Aug 2013	0	65	104.25	3.52	$229
Jul 2013	0	106	102.52	3.72	$394
Jun 2013	0	101	94.40	3.93	$397
May 2013	0	82	94.83	4.15	$340
Apr 2013	0	64	93.96	4.28	$274
Mar 2013	0	44	93.62	3.91	$172
Feb 2013	0	38	91.23	3.42	$130
Jan 2013	0	18	91.60	3.42	$62
Dec 2012	0	22	86.77	3.42	$75
Nov 2012	0	72	86.95	3.62	$261
Oct 2012	0	90	89.38	3.40	$306
Sep 2012	0	86	94.67	2.92	$251
Aug 2012	0	101	92.66	2.91	$294
Jul 2012	0	95	85.13	3.02	$287
Jun 2012	0	92	79.82	2.52	$232
May 2012	0	86	91.61	2.49	$214
Apr 2012	0	52	101.65	2.00	$104
Mar 2012	0	26	105.05	2.22	$58
Feb 2012	0	53	101.10	2.57	$136
Jan 2012	0	84	98.09	2.73	$230
Dec 2011	0	85	96.87	3.24	$275
Nov 2011	0	89	95.72	3.31	$295
Oct 2011	0	24	84.98	3.65	$88
Sep 2011	0	15	83.62	3.99	$60
Aug 2011	0	3	83.40	4.15	$12
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	17	92.90	4.64	$79
May 2011	0	60	98.13	4.40	$264
Apr 2011	0	105	105.96	4.33	$455
Mar 2011	0	79	96.36	4.06	$321
Feb 2011	0	96	85.64	4.18	$401
Jan 2011	0	95	86.50	4.59	$436
Dec 2010	0	106	85.73	4.35	$461
Nov 2010	0	103	80.84	3.80	$391
Oct 2010	0	139	78.10	3.51	$488
Sep 2010	0	97	72.63	3.98	$386
Aug 2010	0	85	73.68	4.42	$376
Jul 2010	0	75	72.55	4.74	$355
Jun 2010	0	75	70.36	4.91	$368
May 2010	0	92	71.12	4.24	$390
Apr 2010	0	81	81.69	4.12	$334
Mar 2010	0	80	78.39	4.39	$351
Feb 2010	0	58	73.58	5.44	$316
Jan 2010	0	73	74.36	5.96	$435
Dec 2009	0	64	71.44	5.48	$351
Nov 2009	0	69	74.59	3.75	$259
Oct 2009	0	79	72.54	4.11	$325
Sep 2009	0	62	65.54	3.06	$190
Aug 2009	0	79	67.42	3.22	$254
Jul 2009	0	82	61.13	3.46	$284
Jun 2009	0	82	66.16	3.90	$319
May 2009	0	86	54.74	3.93	$338
Apr 2009	0	90	46.77	3.59	$323
Mar 2009	0	90	42.14	4.06	$365
Feb 2009	0	80	32.81	4.63	$371
Jan 2009	0	93	35.86	5.37	$500
Dec 2008	0	74	37.10	5.98	$442
Nov 2008	0	69	55.49	6.86	$473
Oct 2008	0	77	75.24	6.92	$533
Sep 2008	0	77	101.76	7.88	$607
Aug 2008	0	92	114.22	8.48	$780
Jul 2008	0	76	131.08	11.39	$866
Jun 2008	0	92	131.33	13.03	$1,199
May 2008	0	139	123.17	11.57	$1,609
Apr 2008	0	202	110.31	10.45	$2,112
Mar 2008	0	335	101.90	9.66	$3,237
Feb 2008	0	341	92.53	8.77	$2,991
Jan 2008	0	384	90.38	8.21	$3,151
Dec 2007	0	407	88.33	7.30	$2,972
Nov 2007	0	372	91.67	7.29	$2,713
Oct 2007	0	420	82.85	6.92	$2,907
Sep 2007	0	363	75.84	6.24	$2,267
Aug 2007	0	427	69.06	6.39	$2,728
Jul 2007	0	376	70.90	6.39	$2,402
Jun 2007	0	377	62.00	7.55	$2,846
May 2007	0	371	58.74	7.85	$2,911
Apr 2007	0	383	59.61	7.81	$2,989
Mar 2007	0	413	56.92	7.30	$3,016
Feb 2007	0	379	55.10	8.22	$3,114
Jan 2007	0	420	50.30	6.73	$2,825
Dec 2006	7	451	56.65	6.92	$3,517
Nov 2006	0	430	54.20	7.62	$3,276
Oct 2006	0	453	54.90	6.01	$2,724
Sep 2006	0	452	60.08	5.04	$2,277
Aug 2006	0	418	68.71	7.34	$3,068
Jul 2006	0	518	69.37	6.34	$3,286
Jun 2006	32	462	66.28	6.38	$5,070
May 2006	0	522	66.01	6.42	$3,354
Apr 2006	0	541	64.39	7.36	$3,982
Mar 2006	0	602	56.70	7.08	$4,264
Feb 2006	0	561	57.59	7.75	$4,348
Jan 2006	0	625	60.59	8.93	$5,583
Dec 2005	0	603	54.94	13.42	$8,089
Nov 2005	0	588	54.69	10.59	$6,226
Oct 2005	0	693	58.34	13.80	$9,560
Sep 2005	0	648	61.45	12.08	$7,827
Aug 2005	0	687	61.51	9.80	$6,730
Jul 2005	27	722	55.69	7.84	$7,167
Jun 2005	0	659	52.33	7.38	$4,864
May 2005	0	611	45.22	6.65	$4,064
Apr 2005	0	649	49.20	7.36	$4,777
Mar 2005	0	690	50.37	7.15	$4,937
Feb 2005	0	564	45.22	6.31	$3,560
Jan 2005	0	649	43.16	6.32	$4,103
Dec 2004	0	624	39.86	6.75	$4,213
Nov 2004	0	647	45.28	6.33	$4,096
Oct 2004	0	597	49.70	6.52	$3,890
Sep 2004	0	583	43.24	5.28	$3,081
Aug 2004	0	639	42.37	5.55	$3,547
Jul 2004	0	617	38.28	6.08	$3,754
Jun 2004	0	678	36.10	6.43	$4,362
May 2004	0	812	37.48	6.49	$5,274
Apr 2004	0	832	34.47	5.86	$4,874
Mar 2004	0	821	34.36	5.53	$4,540
Feb 2004	0	798	32.45	5.51	$4,397
Jan 2004	0	864	32.03	6.30	$5,443
Dec 2003	0	858	30.26	6.30	$5,407
Nov 2003	0	793	28.80	4.60	$3,644
Oct 2003	0	889	28.17	4.76	$4,231
Sep 2003	0	826	26.31	4.75	$3,923
Aug 2003	0	943	29.76	5.13	$4,837
Jul 2003	0	937	29.41	5.17	$4,845
Jun 2003	0	887	28.56	5.98	$5,307
May 2003	0	907	26.59	5.97	$5,417
Apr 2003	0	895	26.67	5.41	$4,840
Mar 2003	0	865	31.14	6.10	$5,273
Feb 2003	0	814	33.48	7.93	$6,452
Jan 2003	0	831	30.31	5.58	$4,639
Dec 2002	0	924	26.91	4.85	$4,485
Nov 2002	0	868	24.66	4.14	$3,591
Oct 2002	0	865	26.46	4.23	$3,658
Sep 2002	0	867	27.44	3.64	$3,152
Aug 2002	0	902	25.96	3.16	$2,854
Jul 2002	0	912	24.58	3.06	$2,792
Jun 2002	0	934	23.73	3.34	$3,118
May 2002	0	973	24.66	3.58	$3,487
Apr 2002	0	1,039	23.65	3.51	$3,649
Mar 2002	0	1,073	22.00	3.10	$3,329
Feb 2002	0	1,021	18.22	2.38	$2,426
Jan 2002	0	1,137	17.17	2.38	$2,701
Dec 2001	0	968	16.93	2.36	$2,289
Nov 2001	0	1,069	18.07	2.41	$2,572
Oct 2001	0	1,148	19.78	2.53	$2,903
Sep 2001	0	1,015	24.26	2.25	$2,285
Aug 2001	0	1,243	24.87	3.05	$3,795
Jul 2001	0	1,152	23.93	3.20	$3,683
Jun 2001	0	1,127	24.56	3.82	$4,310
May 2001	0	1,206	25.52	4.31	$5,195
Apr 2001	0	1,199	24.68	5.34	$6,397
Mar 2001	0	1,177	24.54	5.38	$6,328
Feb 2001	0	1,142	27.75	5.77	$6,586
Jan 2001	0	1,330	27.47	8.40	$11,170
Dec 2000	0	1,377	26.88	9.12	$12,562
Nov 2000	0	883	32.21	5.66	$4,996
Oct 2000	0	613	31.23	5.15	$3,154
Sep 2000	0	718	31.87	5.19	$3,724
Aug 2000	0	628	29.64	4.54	$2,852
Jul 2000	0	804	28.53	4.09	$3,288
Jun 2000	0	793	29.30	4.40	$3,487
May 2000	0	1,074	27.26	3.68	$3,952
Apr 2000	0	1,392	24.51	3.12	$4,337
Mar 2000	0	1,247	28.42	2.86	$3,566
Feb 2000	0	1,118	27.62	2.73	$3,048
Jan 2000	0	1,391	25.27	2.48	$3,450
Dec 1999	0	1,227	24.28	2.42	$2,974
Nov 1999	0	1,248	23.19	2.43	$3,038
Oct 1999	0	1,403	20.98	2.80	$3,934
Sep 1999	0	1,287	21.75	2.62	$3,370
Aug 1999	55	1,437	19.26	2.88	$5,192
Jul 1999	0	1,582	17.89	2.37	$3,753
Jun 1999	0	1,334	15.94	2.36	$3,151
May 1999	0	1,193	15.79	2.32	$2,769
Apr 1999	0	1,260	15.10	2.21	$2,782
Mar 1999	0	1,701	12.47	1.84	$3,127
Feb 1999	0	1,450	9.98	1.82	$2,636
Jan 1999	0	1,358	10.38	1.90	$2,580
Dec 1998	0	958	9.20	1.77	$1,699
Nov 1998	0	701	10.89	2.19	$1,532
Oct 1998	0	871	12.42	1.97	$1,715
Sep 1998	0	913	12.59	2.08	$1,901
Aug 1998	0	1,003	11.30	1.91	$1,913
Jul 1998	0	1,386	11.74	2.24	$3,101
Jun 1998	0	1,313	11.24	2.24	$2,938
May 1998	0	1,372	12.62	2.21	$3,027
Apr 1998	0	1,321	13.04	2.51	$3,310
Mar 1998	0	1,503	12.80	2.31	$3,471
Feb 1998	0	1,432	13.95	2.30	$3,292
Jan 1998	0	1,666	14.70	2.15	$3,590
Dec 1997	0	1,776	16.32	2.41	$4,282
Nov 1997	0	1,568	18.19	3.09	$4,842
Oct 1997	0	1,689	19.25	3.15	$5,320
Sep 1997	0	1,646	17.74	2.95	$4,864
Aug 1997	0	1,878	17.86	2.55	$4,798
Jul 1997	0	2,029	17.58	2.25	$4,559
Jun 1997	0	1,925	17.24	2.26	$4,345
May 1997	0	1,695	18.97	2.31	$3,913
Apr 1997	0	1,767	17.88	2.08	$3,680
Mar 1997	0	1,820	18.95	1.94	$3,529
Feb 1997	0	1,706	20.49	2.21	$3,763
Jan 1997	0	1,997	23.48	3.54	$7,069
Dec 1996	0	2,086	23.32	—	$0
Nov 1996	0	1,776	21.97	—	$0
Oct 1996	0	2,182	23.31	—	$0
Sep 1996	0	1,779	22.22	—	$0
Aug 1996	0	1,809	20.26	—	$0
Jul 1996	0	1,698	19.55	—	$0
Jun 1996	0	1,687	18.73	—	$0
May 1996	1	1,745	19.43	—	$19
Apr 1996	3	1,754	21.51	—	$65
Mar 1996	0	1,761	19.38	—	$0
Feb 1996	0	1,834	16.98	—	$0
Jan 1996	0	1,872	17.07	—	$0
Dec 1995	0	1,888	17.19	—	$0
Nov 1995	0	1,864	16.00	—	$0
Oct 1995	0	1,799	15.43	—	$0
Sep 1995	0	1,675	16.18	—	$0
Aug 1995	0	1,820	15.92	—	$0
Jul 1995	2	1,708	15.24	—	$30
Jun 1995	0	1,789	16.41	—	$0
May 1995	0	1,791	17.56	—	$0
Apr 1995	0	1,765	17.73	—	$0
Mar 1995	0	1,831	16.44	—	$0
Feb 1995	0	1,462	16.58	—	$0
Jan 1995	0	2,113	15.92	—	$0
Dec 1994	0	2,080	15.03	—	$0
Nov 1994	0	1,716	15.90	—	$0
Oct 1994	0	2,050	15.58	—	$0
Sep 1994	0	2,056	15.29	—	$0
Aug 1994	0	2,080	16.13	—	$0
Jul 1994	0	2,150	17.56	—	$0
Jun 1994	0	2,021	17.09	—	$0
May 1994	0	1,902	15.88	—	$0
Apr 1994	0	2,349	14.14	—	$0
Mar 1994	0	1,992	12.46	—	$0
Feb 1994	0	2,275	12.50	—	$0
Jan 1994	0	1,885	12.66	—	$0
Dec 1993	0	2,219	12.33	—	$0
Nov 1993	0	2,196	14.49	—	$0
Oct 1993	0	2,309	15.85	—	$0
Sep 1993	0	1,804	15.03	—	$0
Aug 1993	0	2,280	15.66	—	$0
Jul 1993	0	2,297	15.46	—	$0
Jun 1993	0	2,476	16.79	—	$0
May 1993	0	1,942	17.68	—	$0
Apr 1993	0	2,377	18.05	—	$0
Mar 1993	0	1,929	18.14	—	$0
Feb 1993	0	2,026	17.90	—	$0
Jan 1993	0	2,100	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.

Aug 2017 — as filed, then multipliedworked

Condensate             0 bbl  × $ 45.37 =         $0
Gas                    2 Mcf  × $  3.00 =         $6

────────────────────────────────────────────────────
Month total                                       $6

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/70143 is the state's own key, not one this site invented.