GATES, REX

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

Operated by MOER, EDWARD C., JR. (P-5 573610) in the WATSON field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18613District 09Field 95488001NGPA filingOilCasinghead gasSave Export

Value, all time

$38 k

Jan 1993 – Mar 2015

Value, last 12 filed months

$1 k

at the published price for each month

Months reported

267

no gaps in the span

Streams

oil, casinghead gas

The WATSON 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 12 leases and 34 wells, and the rule below applies to all of them.

Discovered

1952-02-03

as the register files it

Field class

Oil

the register's own label

Between wells

933 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 40 acres.

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	1	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
Oil	Disposition	237 bbl	$13,369
Casinghead gas	Production	11,137 Mcf	$24,933
Total			$38,302

4,158 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 33.5392, -98.3709. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.53918, -98.37089 · 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

5,546 ft

1 wells filed one

Completion to plug

37.3 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 5,546 ft.

Completions filed

Oct 1977

1 of 1 wells

Plug dates filed

Jan 2015

1 of 1 wells

Last completion to plug: a median of 37.3 years across the 1 well that filed both dates, with the middle half between 37.3 years and 37.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-07701045	1	5,546 ft	Oct 1977	Jan 2015	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 (267)

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

267 months


Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	2	0	89.39	4.04	$179
Jul 2014	3	5	96.56	4.18	$311
Jun 2014	0	5	98.16	4.74	$24
May 2014	5	6	94.73	4.73	$502
Apr 2014	0	5	95.94	4.81	$24
Mar 2014	5	5	95.89	5.06	$505
Feb 2014	0	6	97.40	6.19	$37
Jan 2014	0	6	90.40	4.86	$29
Dec 2013	0	6	91.82	4.35	$26
Nov 2013	0	8	88.85	3.74	$30
Oct 2013	5	7	97.42	3.78	$514
Sep 2013	0	6	104.11	3.72	$22
Aug 2013	5	7	104.25	3.52	$546
Jul 2013	0	5	102.52	3.72	$19
Jun 2013	5	7	94.40	3.93	$500
May 2013	0	7	94.83	4.15	$29
Apr 2013	0	6	93.96	4.28	$26
Mar 2013	0	7	93.62	3.91	$27
Feb 2013	5	7	91.23	3.42	$480
Jan 2013	0	8	91.60	3.42	$27
Dec 2012	0	9	86.77	3.42	$31
Nov 2012	0	7	86.95	3.62	$25
Oct 2012	0	9	89.38	3.40	$31
Sep 2012	5	7	94.67	2.92	$494
Aug 2012	0	8	92.66	2.91	$23
Jul 2012	5	9	85.13	3.02	$453
Jun 2012	0	9	79.82	2.52	$23
May 2012	0	8	91.61	2.49	$20
Apr 2012	5	9	101.65	2.00	$526
Mar 2012	0	9	105.05	2.22	$20
Feb 2012	5	10	101.10	2.57	$531
Jan 2012	0	9	98.09	2.73	$25
Dec 2011	0	9	96.87	3.24	$29
Nov 2011	5	9	95.72	3.31	$508
Oct 2011	0	10	84.98	3.65	$36
Sep 2011	0	10	83.62	3.99	$40
Aug 2011	5	10	83.40	4.15	$458
Jul 2011	0	11	94.14	4.52	$50
Jun 2011	0	10	92.90	4.64	$46
May 2011	0	12	98.13	4.40	$53
Apr 2011	4	12	105.96	4.33	$476
Mar 2011	0	13	96.36	4.06	$53
Feb 2011	4	11	85.64	4.18	$389
Jan 2011	0	10	86.50	4.59	$46
Dec 2010	0	13	85.73	4.35	$57
Nov 2010	4	14	80.84	3.80	$376
Oct 2010	3	10	78.10	3.51	$269
Sep 2010	0	9	72.63	3.98	$36
Aug 2010	0	10	73.68	4.42	$44
Jul 2010	0	11	72.55	4.74	$52
Jun 2010	0	10	70.36	4.91	$49
May 2010	0	11	71.12	4.24	$47
Apr 2010	0	11	81.69	4.12	$45
Mar 2010	0	23	78.39	4.39	$101
Feb 2010	0	25	73.58	5.44	$136
Jan 2010	0	27	74.36	5.96	$161
Dec 2009	0	16	71.44	5.48	$88
Nov 2009	0	21	74.59	3.75	$79
Oct 2009	0	10	72.54	4.11	$41
Sep 2009	0	8	65.54	3.06	$25
Aug 2009	2	6	67.42	3.22	$154
Jul 2009	0	6	61.13	3.46	$21
Jun 2009	0	10	66.16	3.90	$39
May 2009	0	8	54.74	3.93	$31
Apr 2009	0	17	46.77	3.59	$61
Mar 2009	0	24	42.14	4.06	$97
Feb 2009	0	24	32.81	4.63	$111
Jan 2009	0	12	35.86	5.37	$64
Dec 2008	0	12	37.10	5.98	$72
Nov 2008	0	11	55.49	6.86	$75
Oct 2008	0	12	75.24	6.92	$83
Sep 2008	0	11	101.76	7.88	$87
Aug 2008	0	13	114.22	8.48	$110
Jul 2008	0	13	131.08	11.39	$148
Jun 2008	0	12	131.33	13.03	$156
May 2008	0	15	123.17	11.57	$174
Apr 2008	0	17	110.31	10.45	$178
Mar 2008	0	15	101.90	9.66	$145
Feb 2008	0	12	92.53	8.77	$105
Jan 2008	0	34	90.38	8.21	$279
Dec 2007	0	36	88.33	7.30	$263
Nov 2007	0	22	91.67	7.29	$160
Oct 2007	0	12	82.85	6.92	$83
Sep 2007	0	11	75.84	6.24	$69
Aug 2007	0	12	69.06	6.39	$77
Jul 2007	0	11	70.90	6.39	$70
Jun 2007	15	10	62.00	7.55	$1,005
May 2007	0	10	58.74	7.85	$78
Apr 2007	0	9	59.61	7.81	$70
Mar 2007	0	13	56.92	7.30	$95
Feb 2007	0	13	55.10	8.22	$107
Jan 2007	15	29	50.30	6.73	$950
Dec 2006	0	38	56.65	6.92	$263
Nov 2006	0	32	54.20	7.62	$244
Oct 2006	10	15	54.90	6.01	$639
Sep 2006	0	11	60.08	5.04	$55
Aug 2006	0	5	68.71	7.34	$37
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	13	66.28	6.38	$83
May 2006	0	10	66.01	6.42	$64
Apr 2006	0	10	64.39	7.36	$74
Mar 2006	0	10	56.70	7.08	$71
Feb 2006	0	16	57.59	7.75	$124
Jan 2006	0	9	60.59	8.93	$80
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	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
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	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	27	25.96	3.16	$85
Jul 2002	0	86	24.58	3.06	$263
Jun 2002	0	82	23.73	3.34	$274
May 2002	0	92	24.66	3.58	$330
Apr 2002	0	86	23.65	3.51	$302
Mar 2002	0	113	22.00	3.10	$351
Feb 2002	0	104	18.22	2.38	$247
Jan 2002	0	136	17.17	2.38	$323
Dec 2001	0	117	16.93	2.36	$277
Nov 2001	0	105	18.07	2.41	$253
Oct 2001	0	109	19.78	2.53	$276
Sep 2001	0	116	24.26	2.25	$261
Aug 2001	0	85	24.87	3.05	$260
Jul 2001	0	79	23.93	3.20	$253
Jun 2001	0	85	24.56	3.82	$325
May 2001	0	93	25.52	4.31	$401
Apr 2001	0	53	24.68	5.34	$283
Mar 2001	0	53	24.54	5.38	$285
Feb 2001	0	39	27.75	5.77	$225
Jan 2001	0	39	27.47	8.40	$328
Dec 2000	0	77	26.88	9.12	$702
Nov 2000	0	76	32.21	5.66	$430
Oct 2000	0	167	31.23	5.15	$859
Sep 2000	107	143	31.87	5.19	$4,152
Aug 2000	0	150	29.64	4.54	$681
Jul 2000	0	150	28.53	4.09	$613
Jun 2000	0	117	29.30	4.40	$514
May 2000	0	91	27.26	3.68	$335
Apr 2000	0	89	24.51	3.12	$277
Mar 2000	0	89	28.42	2.86	$255
Feb 2000	0	83	27.62	2.73	$226
Jan 2000	0	62	25.27	2.48	$154
Dec 1999	0	76	24.28	2.42	$184
Nov 1999	0	94	23.19	2.43	$229
Oct 1999	0	82	20.98	2.80	$230
Sep 1999	0	80	21.75	2.62	$210
Aug 1999	0	60	19.26	2.88	$173
Jul 1999	0	72	17.89	2.37	$171
Jun 1999	0	70	15.94	2.36	$165
May 1999	0	59	15.79	2.32	$137
Apr 1999	0	63	15.10	2.21	$139
Mar 1999	0	80	12.47	1.84	$147
Feb 1999	0	65	9.98	1.82	$118
Jan 1999	0	68	10.38	1.90	$129
Dec 1998	0	65	9.20	1.77	$115
Nov 1998	0	67	10.89	2.19	$146
Oct 1998	0	57	12.42	1.97	$112
Sep 1998	0	54	12.59	2.08	$112
Aug 1998	0	100	11.30	1.91	$191
Jul 1998	0	93	11.74	2.24	$208
Jun 1998	0	105	11.24	2.24	$235
May 1998	0	84	12.62	2.21	$185
Apr 1998	0	72	13.04	2.51	$180
Mar 1998	0	7	12.80	2.31	$16
Feb 1998	0	72	13.95	2.30	$166
Jan 1998	0	90	14.70	2.15	$194
Dec 1997	0	84	16.32	2.41	$203
Nov 1997	0	71	18.19	3.09	$219
Oct 1997	0	92	19.25	3.15	$290
Sep 1997	0	79	17.74	2.95	$233
Aug 1997	0	78	17.86	2.55	$199
Jul 1997	0	66	17.58	2.25	$148
Jun 1997	0	67	17.24	2.26	$151
May 1997	0	82	18.97	2.31	$189
Apr 1997	0	89	17.88	2.08	$185
Mar 1997	0	87	18.95	1.94	$169
Feb 1997	0	87	20.49	2.21	$192
Jan 1997	0	150	23.48	3.54	$531
Dec 1996	0	224	23.32	—	$0
Nov 1996	0	125	21.97	—	$0
Oct 1996	0	96	23.31	—	$0
Sep 1996	0	84	22.22	—	$0
Aug 1996	0	87	20.26	—	$0
Jul 1996	0	80	19.55	—	$0
Jun 1996	0	77	18.73	—	$0
May 1996	0	92	19.43	—	$0
Apr 1996	0	108	21.51	—	$0
Mar 1996	0	107	19.38	—	$0
Feb 1996	0	98	16.98	—	$0
Jan 1996	0	92	17.07	—	$0
Dec 1995	0	97	17.19	—	$0
Nov 1995	0	100	16.00	—	$0
Oct 1995	0	105	15.43	—	$0
Sep 1995	0	93	16.18	—	$0
Aug 1995	0	97	15.92	—	$0
Jul 1995	0	76	15.24	—	$0
Jun 1995	0	89	16.41	—	$0
May 1995	0	93	17.56	—	$0
Apr 1995	0	94	17.73	—	$0
Mar 1995	0	97	16.44	—	$0
Feb 1995	0	85	16.58	—	$0
Jan 1995	0	88	15.92	—	$0
Dec 1994	0	75	15.03	—	$0
Nov 1994	0	48	15.90	—	$0
Oct 1994	0	66	15.58	—	$0
Sep 1994	0	65	15.29	—	$0
Aug 1994	0	62	16.13	—	$0
Jul 1994	0	45	17.56	—	$0
Jun 1994	0	30	17.09	—	$0
May 1994	0	95	15.88	—	$0
Apr 1994	0	88	14.14	—	$0
Mar 1994	0	93	12.46	—	$0
Feb 1994	8	78	12.50	—	$100
Jan 1994	0	94	12.66	—	$0
Dec 1993	0	89	12.33	—	$0
Nov 1993	0	88	14.49	—	$0
Oct 1993	0	87	15.85	—	$0
Sep 1993	0	67	15.03	—	$0
Aug 1993	0	69	15.66	—	$0
Jul 1993	0	65	15.46	—	$0
Jun 1993	0	70	16.79	—	$0
May 1993	0	84	17.68	—	$0
Apr 1993	0	88	18.05	—	$0
Mar 1993	0	103	18.14	—	$0
Feb 1993	0	54	17.90	—	$0
Jan 1993	0	71	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 2014 — as filed, then multipliedworked

Oil                    2 bbl  × $ 89.39 =       $179
Casinghead gas         0 Mcf  × $  4.04 =         $0

────────────────────────────────────────────────────
Month total                                     $179

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. 09/O/18613 is the state's own key, not one this site invented.