GATES "O" TR3

Operated by LEWIS PETRO PROPERTIES, INC. (P-5 499978) in the CATARINA, SW. (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 256538District 01Field 16340500CondensateGasSaveExport
Value, all time
$876 k
Apr 2010 – May 2026
Value, last 12 filed months
$32
at the published price for each month
Months reported
194
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 213 leases and 214 wells, and the rule below applies to all of them.

Discovered
1973-12-28
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: OPTIONAL 80 ACRE UNIT MAX DIAG 4000

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
CondensateDisposition3,394 bbl$269,450
GasProduction143,213 Mcf$606,228
Total$875,678

Every month this lease reported (194)

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

194 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250566.743.32$17
Jun 20250566.483.13$16
May 20250560.553.23$16
Apr 20250062.363.54$0
Mar 202501067.704.27$43
Feb 20250070.884.34$0
Jan 20250574.324.28$21
Dec 20240568.993.12$16
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240569.612.36$12
Aug 20240075.632.06$0
Jul 20240579.932.15$11
Jun 20240578.082.63$13
May 20240578.812.20$11
Apr 202401084.451.66$17
Mar 20240580.301.55$8
Feb 20240576.091.78$9
Jan 2024010073.023.30$330
Dec 202305071.262.61$131
Nov 202305577.892.81$154
Oct 202305585.443.09$170
Sep 2023021889.042.74$596
Aug 202305180.522.67$136
Jul 202305574.852.64$145
Jun 202309568.962.26$215
May 2023014070.622.23$312
Apr 202306778.122.24$150
Mar 2023072972.852.39$1,745
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 201620027.352.36$547
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 201502043.552.43$49
Sep 20150042.992.76$0
Aug 201501640.162.87$46
Jul 20150248.152.95$6
Jun 201502556.152.88$72
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 201502643.433.10$81
Dec 20140054.693.59$0
Nov 201402070.464.25$85
Oct 201412478.303.90$172
Sep 201401186.164.05$45
Aug 201402489.394.04$97
Jul 201401796.564.18$71
Jun 201402598.164.74$118
May 201404494.734.73$208
Apr 201404895.944.81$231
Mar 201409595.895.06$480
Feb 201402497.406.19$149
Jan 201403190.404.86$151
Dec 201307891.824.35$340
Nov 2013011288.853.74$419
Oct 201304797.423.78$178
Sep 2013041104.113.72$152
Aug 2013057104.253.52$201
Jul 2013093102.523.72$346
Jun 20130094.403.93$0
May 201309694.834.15$398
Apr 2013010293.964.28$437
Mar 201306093.623.91$235
Feb 2013011791.233.42$400
Jan 2013022291.603.42$759
Dec 2012011586.773.42$393
Nov 2012014686.953.62$529
Oct 2012050489.383.40$1,713
Sep 2012018194.672.92$528
Aug 2012013592.662.91$393
Jul 2012010685.133.02$320
Jun 201209579.822.52$239
May 201209291.612.49$229
Apr 2012096101.652.00$192
Mar 2012045105.052.22$100
Feb 201218664101.102.57$18,969
Jan 201204098.092.73$109
Dec 2011011296.873.24$363
Nov 201103095.723.31$99
Oct 201108784.983.65$317
Sep 201104283.623.99$167
Aug 201102983.404.15$120
Jul 201103594.144.52$158
Jun 20111912,45792.904.64$29,144
May 201102,94398.134.40$12,963
Apr 201105,685105.964.33$24,635
Mar 20111897,65096.364.06$49,251
Feb 20111958,04885.644.18$50,340
Jan 20113899,29286.504.59$76,287
Dec 2010010,16485.734.35$44,191
Nov 20101949,99780.843.80$53,625
Oct 201038711,12578.103.51$69,261
Sep 201018811,74972.633.98$60,409
Aug 201019010,91173.684.42$62,219
Jul 201038011,82672.554.74$83,583
Jun 201037413,13470.364.91$90,808
May 201051015,19071.124.24$100,604
Apr 201007,92181.694.12$32,656

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.

Jul 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 66.74 =         $0
Gas                    5 Mcf  × $  3.32 =        $17

────────────────────────────────────────────────────
Month total                                      $17

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. 01/G/256538 is the state's own key, not one this site invented.