GATES 07-DR

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

Gas lease lease 260061District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$11.8 M
Aug 2010 – May 2026
Value, last 12 filed months
$253 k
at the published price for each month
Months reported
190
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 5,584 leases and 8,017 wells, and the rule below applies to all of them.

Discovered
2007-11-05
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2013-04-09.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: MAY ELECT TO CLASSIFY AS PERMANENT GAS WELL

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
CondensateDisposition83,000 bbl$6,438,658
GasProduction1,515,152 Mcf$5,363,575
Total$11,802,232

Every month this lease reported (190)

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

190 months

May 202686329106.413.05$10,153
Apr 20261711,24998.932.87$20,501
Mar 20262161,43189.753.15$23,893
Feb 2026991,10963.503.75$10,446
Jan 20261471,24459.138.00$18,642
Dec 2025641,09756.664.41$8,468
Nov 20253012,27358.593.93$26,560
Oct 20251452,35359.383.30$16,386
Sep 20253273,25562.743.08$30,531
Aug 20252903,89463.933.01$30,279
Jul 20252173,43666.743.32$25,874
Jun 20252843,94566.483.13$31,223
May 20252155,21960.553.23$29,888
Apr 20252285,28962.363.54$32,958
Mar 20253005,99267.704.27$45,886
Feb 20253515,66770.884.34$49,478
Jan 20253827,29174.324.28$59,586
Dec 20244498,62768.993.12$57,905
Nov 202453610,06569.052.20$59,138
Oct 202452013,02971.372.28$66,837
Sep 202475515,70969.612.36$89,697
Aug 20241,22820,93175.632.06$136,067
Jul 20241,35526,23679.932.15$164,623
Jun 20243044,87678.082.63$36,580
May 2024772,49678.812.20$11,556
Apr 20241152,10684.451.66$13,206
Mar 20241382,18980.301.55$14,464
Feb 20241385,11376.091.78$19,620
Jan 20241455,47673.023.30$28,646
Dec 20231343,35571.262.61$18,308
Nov 20231232,18877.892.81$15,723
Oct 20231532,27885.443.09$20,105
Sep 20231502,28289.042.74$19,597
Aug 20231622,39880.522.67$19,454
Jul 20231202,42074.852.64$15,375
Jun 20231392,49768.962.26$15,225
May 20231202,56970.622.23$14,197
Apr 20231372,51778.122.24$16,335
Mar 20231062,35972.852.39$13,368
Feb 20231422,36275.112.47$16,490
Jan 20231512,62276.533.39$20,439
Dec 2022532,53976.415.73$18,596
Nov 2022652,52585.005.65$19,782
Oct 20221911,87187.185.86$27,622
Sep 20222221,96484.888.16$34,877
Aug 20221142,14694.529.13$30,362
Jul 20221292,316101.587.54$30,571
Jun 20221622,438115.097.98$38,093
May 20221582,504109.378.43$38,397
Apr 20221302,441104.226.84$30,239
Mar 20221392,533108.885.08$27,993
Feb 20221262,20391.054.86$22,176
Jan 20221282,62881.844.54$22,401
Dec 20211322,60771.323.90$19,579
Nov 20211262,48977.435.24$22,791
Oct 20211172,62979.795.71$24,357
Sep 20211522,56769.865.35$24,355
Aug 20211742,70066.024.22$22,883
Jul 20211602,69770.783.98$22,064
Jun 20211442,61369.493.38$18,840
May 20211452,70963.483.02$17,379
Apr 20211412,62960.362.76$15,763
Mar 2021872,68061.302.72$12,615
Feb 2021572,37857.805.55$16,488
Jan 20211113,01750.412.81$14,074
Dec 2020933,01144.642.68$12,207
Nov 2020252,67038.772.71$8,196
Oct 2020272,46836.972.48$7,115
Sep 2020272,69037.091.99$6,357
Aug 2020292,77939.982.39$7,788
Jul 2020292,85738.371.83$6,327
Jun 2020392,73834.901.69$5,989
May 2020462,90316.921.81$6,047
Apr 2020683,09014.751.80$6,579
Mar 20201273,55330.341.86$10,448
Feb 20201264,24349.881.98$14,689
Jan 20201313,52757.252.09$14,888
Dec 20191363,85759.012.30$16,913
Nov 20191713,02455.302.75$17,774
Oct 20191733,19953.472.42$16,987
Sep 20191503,37955.052.66$17,236
Aug 20191454,00453.112.30$16,928
Jul 20191584,90656.272.46$20,960
Jun 20191614,61152.782.49$19,985
May 20191804,73758.482.74$23,507
Apr 20191864,20762.632.75$23,221
Mar 20191773,86256.803.06$21,879
Feb 20191823,52950.852.79$19,108
Jan 20192244,23946.033.23$23,995
Dec 20182024,01646.594.19$26,220
Nov 20182074,07252.934.24$28,211
Oct 20182233,88161.443.40$26,889
Sep 20181543,63859.543.11$20,476
Aug 20181114,07959.403.07$19,102
Jul 20181264,92765.142.93$22,653
Jun 2018845,27160.183.08$21,274
May 20182214,65665.382.90$27,955
Apr 20182264,75863.842.90$28,230
Mar 20181914,81761.222.79$25,117
Feb 20182363,80261.782.77$25,097
Jan 20183184,17362.874.01$36,724
Dec 20172854,35957.272.92$29,057
Nov 20172484,46355.423.12$27,661
Oct 20172504,63649.292.98$26,155
Sep 20172513,98447.523.09$24,227
Aug 20171954,12245.373.00$21,231
Jul 20172724,16343.873.09$24,785
Jun 20173044,35342.493.09$26,356
May 20171614,58245.373.26$22,257
Apr 20172664,21547.933.21$26,286
Mar 20171864,49346.772.98$22,105
Feb 20172574,29850.452.95$25,656
Jan 20173124,67749.413.42$31,406
Dec 20163905,70948.763.72$40,270
Nov 20163205,91542.492.64$29,238
Oct 20163176,81246.193.09$35,693
Sep 20162746,42841.553.10$31,316
Aug 20162856,54841.442.92$30,959
Jul 20162475,87241.622.92$27,452
Jun 20162525,90645.352.69$27,291
May 20163386,77142.521.99$27,853
Apr 20163395,34036.561.99$23,026
Mar 20163384,52633.011.79$19,277
Feb 20163924,96726.472.06$20,626
Jan 20164185,76127.352.36$25,053
Dec 20154925,93932.362.00$27,807
Nov 20154327,14338.792.17$32,239
Oct 20153297,69543.552.43$33,000
Sep 20152775,52642.992.76$27,151
Aug 2015656,85240.162.87$22,293
Jul 20151437,91748.152.95$30,202
Jun 2015707,61956.152.88$25,895
May 20152058,79955.212.96$37,323
Apr 20154505,94549.822.71$38,510
Mar 20153396,92742.892.93$34,868
Feb 20153916,31044.662.98$36,242
Jan 20154427,41143.433.10$42,175
Dec 20143856,89554.693.59$45,818
Nov 20143358,08270.464.25$57,967
Oct 20144498,11178.303.90$66,797
Sep 20144476,77486.164.05$65,917
Aug 20144349,66289.394.04$77,783
Jul 20144058,96696.564.18$76,581
Jun 20147279,95698.164.74$118,523
May 20141,26211,89594.734.73$175,772
Apr 20145447,37895.944.81$87,673
Mar 201484612,44695.895.06$144,060
Feb 201482811,08797.406.19$149,298
Jan 20142463,99390.404.86$41,647
Dec 201373,61191.824.35$16,367
Nov 20132983,84288.853.74$40,840
Oct 20137525,95797.423.78$95,773
Sep 20133573,181104.113.72$48,993
Aug 20137347,555104.253.52$103,133
Jul 20132211,496102.523.72$28,219
Jun 20135256,70594.403.93$75,934
May 20132923,70394.834.15$43,054
Apr 2013991,38893.964.28$15,246
Mar 20135545,74293.623.91$74,333
Feb 20134749,40991.233.42$75,421
Jan 20135119,60591.603.42$79,656
Dec 201265510,42886.773.42$92,500
Nov 20121,12810,30086.953.62$135,417
Oct 20121,14311,09589.383.40$139,881
Sep 20121,13411,16794.672.92$139,946
Aug 20121,27611,36592.662.91$151,285
Jul 201211011,67685.133.02$44,635
Jun 201213311,71479.822.52$40,124
May 20127615,01991.612.49$44,334
Apr 2012346,415101.652.00$16,266
Mar 201214213,879105.052.22$45,757
Feb 201218214,892101.102.57$56,676
Jan 201280716,50198.092.73$124,274
Dec 201178314,87396.873.24$124,034
Nov 20111,33017,88095.723.31$186,513
Oct 20111,33322,51684.983.65$195,429
Sep 20111,51527,04383.623.99$234,472
Aug 201168324,87083.404.15$160,156
Jul 20113818,45394.144.52$74,052
Jun 20111,34116,58892.904.64$201,545
May 20111,54638,61598.134.40$321,801
Apr 20111,37735,474105.964.33$299,626
Mar 20111,40033,99996.364.06$272,850
Feb 20111,32627,50785.644.18$228,537
Jan 20113,59547,56186.504.59$529,214
Dec 20103,47651,30285.734.35$521,046
Nov 20102,89053,20080.843.80$435,539
Oct 20105,18469,65978.103.51$649,296
Sep 20105,09685,36472.633.98$709,826
Aug 20101,16823,60673.684.42$190,382

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.

May 2026 — as filed, then multipliedworked
Condensate            86 bbl  × $106.41 =     $9,151
Gas                  329 Mcf  × $  3.05 =     $1,002

────────────────────────────────────────────────────
Month total                                  $10,153

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/260061 is the state's own key, not one this site invented.