GATES

Name: GATES 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 81555District 04Field 35566500NGPA filingCondensateGasSave Export

Value, all time

$312 k

Jan 1993 – Jul 2012

Value, last 12 filed months

at the published price for each month

Months reported

235

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.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	2	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	276 bbl	$12,722
Gas	Production	110,546 Mcf	$298,959
Total			$311,681

43,783 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 28.1144, -99.7783. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.11436, -99.77827 · 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

9,200 ft

1 wells filed one

Completion to plug

33.4 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 9,200 ft.

Completions filed

Mar 1979

1 of 1 wells

Plug dates filed

Aug 2012

1 of 1 wells

Last completion to plug: a median of 33.4 years across the 1 well that filed both dates, with the middle half between 33.4 years and 33.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47932123	1	9,200 ft	Mar 1979	Aug 2012	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 (235)

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

235 months


Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	456	86.50	4.59	$2,092
Dec 2010	0	219	85.73	4.35	$952
Nov 2010	0	403	80.84	3.80	$1,530
Oct 2010	0	220	78.10	3.51	$772
Sep 2010	0	45	72.63	3.98	$179
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	33	72.54	4.11	$136
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	89	46.77	3.59	$319
Mar 2009	0	93	42.14	4.06	$377
Feb 2009	0	89	32.81	4.63	$412
Jan 2009	0	93	35.86	5.37	$500
Dec 2008	0	110	37.10	5.98	$657
Nov 2008	0	146	55.49	6.86	$1,002
Oct 2008	0	100	75.24	6.92	$692
Sep 2008	15	88	101.76	7.88	$2,220
Aug 2008	0	91	114.22	8.48	$772
Jul 2008	0	130	131.08	11.39	$1,481
Jun 2008	0	122	131.33	13.03	$1,590
May 2008	0	132	123.17	11.57	$1,528
Apr 2008	0	131	110.31	10.45	$1,370
Mar 2008	0	127	101.90	9.66	$1,227
Feb 2008	0	125	92.53	8.77	$1,096
Jan 2008	0	144	90.38	8.21	$1,182
Dec 2007	0	155	88.33	7.30	$1,132
Nov 2007	0	168	91.67	7.29	$1,225
Oct 2007	0	168	82.85	6.92	$1,163
Sep 2007	0	155	75.84	6.24	$968
Aug 2007	0	192	69.06	6.39	$1,226
Jul 2007	0	227	70.90	6.39	$1,450
Jun 2007	0	235	62.00	7.55	$1,774
May 2007	0	117	58.74	7.85	$918
Apr 2007	0	138	59.61	7.81	$1,077
Mar 2007	0	270	56.92	7.30	$1,972
Feb 2007	0	299	55.10	8.22	$2,457
Jan 2007	0	269	50.30	6.73	$1,810
Dec 2006	0	326	56.65	6.92	$2,255
Nov 2006	0	305	54.20	7.62	$2,323
Oct 2006	0	384	54.90	6.01	$2,309
Sep 2006	0	482	60.08	5.04	$2,428
Aug 2006	0	576	68.71	7.34	$4,228
Jul 2006	125	222	69.37	6.34	$10,079
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	487	66.01	6.42	$3,129
Apr 2006	0	416	64.39	7.36	$3,062
Mar 2006	0	469	56.70	7.08	$3,322
Feb 2006	0	403	57.59	7.75	$3,124
Jan 2006	0	447	60.59	8.93	$3,993
Dec 2005	0	400	54.94	13.42	$5,366
Nov 2005	0	391	54.69	10.59	$4,140
Oct 2005	0	343	58.34	13.80	$4,732
Sep 2005	0	349	61.45	12.08	$4,216
Aug 2005	0	463	61.51	9.80	$4,536
Jul 2005	0	400	55.69	7.84	$3,137
Jun 2005	0	354	52.33	7.38	$2,613
May 2005	0	548	45.22	6.65	$3,645
Apr 2005	0	561	49.20	7.36	$4,129
Mar 2005	0	485	50.37	7.15	$3,470
Feb 2005	0	427	45.22	6.31	$2,695
Jan 2005	0	471	43.16	6.32	$2,978
Dec 2004	0	377	39.86	6.75	$2,545
Nov 2004	0	458	45.28	6.33	$2,899
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	502	43.24	5.28	$2,653
Aug 2004	0	467	42.37	5.55	$2,592
Jul 2004	0	478	38.28	6.08	$2,908
Jun 2004	0	462	36.10	6.43	$2,972
May 2004	0	459	37.48	6.49	$2,981
Apr 2004	0	408	34.47	5.86	$2,390
Mar 2004	0	495	34.36	5.53	$2,737
Feb 2004	0	449	32.45	5.51	$2,474
Jan 2004	0	442	32.03	6.30	$2,784
Dec 2003	0	395	30.26	6.30	$2,489
Nov 2003	0	443	28.80	4.60	$2,036
Oct 2003	0	437	28.17	4.76	$2,080
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	452	29.76	5.13	$2,319
Jul 2003	0	526	29.41	5.17	$2,720
Jun 2003	0	492	28.56	5.98	$2,944
May 2003	0	519	26.59	5.97	$3,100
Apr 2003	0	659	26.67	5.41	$3,563
Mar 2003	0	363	31.14	6.10	$2,213
Feb 2003	0	428	33.48	7.93	$3,392
Jan 2003	0	522	30.31	5.58	$2,914
Dec 2002	0	508	26.91	4.85	$2,466
Nov 2002	0	391	24.66	4.14	$1,618
Oct 2002	0	528	26.46	4.23	$2,233
Sep 2002	0	499	27.44	3.64	$1,814
Aug 2002	0	472	25.96	3.16	$1,493
Jul 2002	0	548	24.58	3.06	$1,678
Jun 2002	0	506	23.73	3.34	$1,689
May 2002	0	407	24.66	3.58	$1,459
Apr 2002	0	322	23.65	3.51	$1,131
Mar 2002	0	415	22.00	3.10	$1,288
Feb 2002	0	392	18.22	2.38	$931
Jan 2002	0	235	17.17	2.38	$558
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	798	18.07	2.41	$1,920
Oct 2001	0	497	19.78	2.53	$1,257
Sep 2001	0	251	24.26	2.25	$565
Aug 2001	0	341	24.87	3.05	$1,041
Jul 2001	0	331	23.93	3.20	$1,058
Jun 2001	0	326	24.56	3.82	$1,247
May 2001	0	303	25.52	4.31	$1,305
Apr 2001	0	416	24.68	5.34	$2,219
Mar 2001	0	418	24.54	5.38	$2,247
Feb 2001	0	460	27.75	5.77	$2,653
Jan 2001	0	532	27.47	8.40	$4,468
Dec 2000	0	341	26.88	9.12	$3,111
Nov 2000	0	450	32.21	5.66	$2,546
Oct 2000	0	523	31.23	5.15	$2,691
Sep 2000	0	554	31.87	5.19	$2,873
Aug 2000	0	380	29.64	4.54	$1,725
Jul 2000	0	611	28.53	4.09	$2,499
Jun 2000	0	596	29.30	4.40	$2,621
May 2000	0	585	27.26	3.68	$2,153
Apr 2000	0	681	24.51	3.12	$2,122
Mar 2000	0	635	28.42	2.86	$1,816
Feb 2000	0	386	27.62	2.73	$1,052
Jan 2000	0	593	25.27	2.48	$1,471
Dec 1999	0	603	24.28	2.42	$1,462
Nov 1999	0	660	23.19	2.43	$1,606
Oct 1999	0	661	20.98	2.80	$1,853
Sep 1999	0	824	21.75	2.62	$2,158
Aug 1999	0	512	19.26	2.88	$1,472
Jul 1999	0	699	17.89	2.37	$1,658
Jun 1999	0	632	15.94	2.36	$1,493
May 1999	0	617	15.79	2.32	$1,432
Apr 1999	0	681	15.10	2.21	$1,504
Mar 1999	0	649	12.47	1.84	$1,193
Feb 1999	0	667	9.98	1.82	$1,212
Jan 1999	0	691	10.38	1.90	$1,313
Dec 1998	0	743	9.20	1.77	$1,318
Nov 1998	0	725	10.89	2.19	$1,585
Oct 1998	0	5	12.42	1.97	$10
Sep 1998	0	637	12.59	2.08	$1,327
Aug 1998	0	717	11.30	1.91	$1,368
Jul 1998	0	709	11.74	2.24	$1,586
Jun 1998	0	712	11.24	2.24	$1,593
May 1998	0	768	12.62	2.21	$1,694
Apr 1998	0	748	13.04	2.51	$1,874
Mar 1998	0	664	12.80	2.31	$1,533
Feb 1998	0	674	13.95	2.30	$1,550
Jan 1998	0	760	14.70	2.15	$1,638
Dec 1997	0	794	16.32	2.41	$1,914
Nov 1997	0	684	18.19	3.09	$2,112
Oct 1997	0	879	19.25	3.15	$2,769
Sep 1997	0	846	17.74	2.95	$2,500
Aug 1997	0	885	17.86	2.55	$2,261
Jul 1997	0	775	17.58	2.25	$1,741
Jun 1997	0	645	17.24	2.26	$1,456
May 1997	0	700	18.97	2.31	$1,616
Apr 1997	0	728	17.88	2.08	$1,516
Mar 1997	0	821	18.95	1.94	$1,592
Feb 1997	0	703	20.49	2.21	$1,551
Jan 1997	0	793	23.48	3.54	$2,807
Dec 1996	0	582	23.32	—	$0
Nov 1996	0	892	21.97	—	$0
Oct 1996	0	954	23.31	—	$0
Sep 1996	0	311	22.22	—	$0
Aug 1996	0	783	20.26	—	$0
Jul 1996	0	922	19.55	—	$0
Jun 1996	0	826	18.73	—	$0
May 1996	112	952	19.43	—	$2,176
Apr 1996	0	939	21.51	—	$0
Mar 1996	0	954	19.38	—	$0
Feb 1996	0	578	16.98	—	$0
Jan 1996	0	698	17.07	—	$0
Dec 1995	0	964	17.19	—	$0
Nov 1995	0	508	16.00	—	$0
Oct 1995	0	879	15.43	—	$0
Sep 1995	0	814	16.18	—	$0
Aug 1995	0	796	15.92	—	$0
Jul 1995	0	635	15.24	—	$0
Jun 1995	0	963	16.41	—	$0
May 1995	0	1,049	17.56	—	$0
Apr 1995	0	1,016	17.73	—	$0
Mar 1995	0	1,046	16.44	—	$0
Feb 1995	0	919	16.58	—	$0
Jan 1995	0	876	15.92	—	$0
Dec 1994	0	698	15.03	—	$0
Nov 1994	0	741	15.90	—	$0
Oct 1994	0	750	15.58	—	$0
Sep 1994	0	547	15.29	—	$0
Aug 1994	0	1,049	16.13	—	$0
Jul 1994	0	1,051	17.56	—	$0
Jun 1994	0	662	17.09	—	$0
May 1994	0	962	15.88	—	$0
Apr 1994	0	962	14.14	—	$0
Mar 1994	0	988	12.46	—	$0
Feb 1994	0	863	12.50	—	$0
Jan 1994	0	1,036	12.66	—	$0
Dec 1993	0	1,020	12.33	—	$0
Nov 1993	24	1,096	14.49	—	$348
Oct 1993	0	1,058	15.85	—	$0
Sep 1993	0	1,146	15.03	—	$0
Aug 1993	0	1,074	15.66	—	$0
Jul 1993	0	1,172	15.46	—	$0
Jun 1993	0	1,204	16.79	—	$0
May 1993	0	1,348	17.68	—	$0
Apr 1993	0	996	18.05	—	$0
Mar 1993	0	1,206	18.14	—	$0
Feb 1993	0	1,035	17.90	—	$0
Jan 1993	0	1,263	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.

Jan 2011 — as filed, then multipliedworked

Condensate             0 bbl  × $ 86.50 =         $0
Gas                  456 Mcf  × $  4.59 =     $2,092

────────────────────────────────────────────────────
Month total                                   $2,092

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/81555 is the state's own key, not one this site invented.