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 260464District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$14.1 M
Feb 2011 – May 2026
Value, last 12 filed months
$165 k
at the published price for each month
Months reported
184
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
CondensateDisposition99,327 bbl$8,141,192
GasProduction1,680,482 Mcf$5,946,695
Total$14,087,888

Every month this lease reported (184)

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

184 months

May 2026811,805106.413.05$14,117
Apr 2026791,90098.932.87$13,268
Mar 2026752,05289.753.15$13,194
Feb 2026871,92863.503.75$12,755
Jan 20261002,08559.138.00$22,589
Dec 2025931,74056.664.41$12,949
Nov 2025852,04358.593.93$13,002
Oct 2025881,99059.383.30$11,802
Sep 2025882,10362.743.08$11,992
Aug 20251412,33763.933.01$16,060
Jul 2025692,43966.743.32$12,691
Jun 2025771,90666.483.13$11,082
May 20251002,54960.553.23$14,294
Apr 2025932,57762.363.54$14,930
Mar 20251422,65967.704.27$20,963
Feb 20251282,64870.884.34$20,567
Jan 20251223,17074.324.28$22,630
Dec 20241323,47468.993.12$19,950
Nov 2024843,73269.052.20$14,005
Oct 20241124,14571.372.28$17,450
Sep 2024924,66469.612.36$17,432
Aug 20241166,05175.632.06$21,260
Jul 2024205,39479.932.15$13,177
Jun 20242092,29978.082.63$22,374
May 20241492,01978.812.20$16,181
Apr 20241571,94884.451.66$16,491
Mar 20241731,84580.301.55$16,743
Feb 20241701,72576.091.78$16,012
Jan 20241501,93273.023.30$17,324
Dec 20231531,77571.262.61$15,537
Nov 20231192,02677.892.81$14,957
Oct 20231872,23585.443.09$22,877
Sep 20231882,27889.042.74$22,970
Aug 20232062,39380.522.67$22,983
Jul 20231762,40874.852.64$19,535
Jun 20231782,33668.962.26$17,551
May 20231582,36970.622.23$16,435
Apr 20231762,29478.122.24$18,883
Mar 20232122,40572.852.39$21,200
Feb 20231852,10275.112.47$19,078
Jan 20231942,26676.533.39$22,523
Dec 2022442,26276.415.73$16,321
Nov 20221232,21585.005.65$22,961
Oct 20221472,38487.185.86$26,795
Sep 20221732,37784.888.16$34,089
Aug 20221692,49694.529.13$38,755
Jul 20221702,586101.587.54$36,772
Jun 20221832,503115.097.98$41,028
May 20221552,417109.378.43$37,335
Apr 20221262,335104.226.84$29,098
Mar 20221022,453108.885.08$23,558
Feb 20221012,07991.054.86$19,298
Jan 20222022,35681.844.54$27,222
Dec 20211442,49071.323.90$19,979
Nov 20211392,43277.435.24$23,499
Oct 20211512,62279.795.71$27,030
Sep 20212012,60369.865.35$27,970
Aug 20211812,79566.024.22$23,746
Jul 20211722,76170.783.98$23,169
Jun 20211342,66969.493.38$18,335
May 20211592,74363.483.02$18,371
Apr 20211392,72460.362.76$15,904
Mar 20211083,14161.302.72$15,154
Feb 20211292,79057.805.55$22,935
Jan 20211552,77250.412.81$15,604
Dec 20201302,87944.642.68$13,506
Nov 2020662,71038.772.71$9,894
Oct 2020592,89436.972.48$9,354
Sep 2020563,10437.091.99$8,257
Aug 2020563,09839.982.39$9,628
Jul 2020542,89438.371.83$7,354
Jun 2020762,86734.901.69$7,499
May 2020673,13016.921.81$6,814
Apr 20201053,29114.751.80$7,487
Mar 20201862,81130.341.86$10,861
Feb 20201912,96049.881.98$15,390
Jan 20201933,46257.252.09$18,301
Dec 20192303,34559.012.30$21,280
Nov 20192462,97955.302.75$21,798
Oct 20191833,58153.472.42$18,446
Sep 20191983,62455.052.66$20,530
Aug 20192014,14053.112.30$20,215
Jul 20191994,38856.272.46$21,992
Jun 20192044,35152.782.49$21,606
May 20192665,00358.482.74$29,266
Apr 20192564,60362.632.75$28,695
Mar 20193305,31256.803.06$35,010
Feb 20192984,87950.852.79$28,777
Jan 20193306,34846.033.23$35,682
Dec 20181602,87146.594.19$19,471
Nov 20181973,17852.934.24$23,893
Oct 20181942,32361.443.40$19,813
Sep 20181052,54359.543.11$14,155
Aug 20182653,48959.403.07$26,440
Jul 20181163,00265.142.93$16,358
Jun 201807460.183.08$228
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 201734057.272.92$1,947
Nov 20171161,55055.423.12$11,262
Oct 20173176,69649.292.98$35,604
Sep 20175187,75447.523.09$48,554
Aug 20174356,77745.373.00$40,097
Jul 20172767,54643.873.09$35,405
Jun 20173855,71142.493.09$33,990
May 20173915,82645.373.26$36,752
Apr 20174655,89947.933.21$41,233
Mar 20175016,56746.772.98$43,026
Feb 20174605,91250.452.95$40,663
Jan 20175176,72449.413.42$48,533
Dec 20165536,94648.763.72$52,823
Nov 20165137,92342.492.64$42,749
Oct 20165097,50446.193.09$46,700
Sep 20163905,46941.553.10$33,162
Aug 20164796,71641.442.92$39,490
Jul 20164986,69341.622.92$40,299
Jun 20164715,19745.352.69$35,318
May 20166355,79042.521.99$38,528
Apr 20166006,94836.561.99$35,770
Mar 20165625,68133.011.79$28,743
Feb 20165206,39126.472.06$26,953
Jan 20165647,88027.352.36$34,057
Dec 20156388,56032.362.00$37,778
Nov 20155677,57938.792.17$38,420
Oct 20154828,18743.552.43$40,858
Sep 20152165,79542.992.76$25,271
Aug 2015808,91840.162.87$28,830
Jul 201530310,46348.152.95$45,404
Jun 20153339,81056.152.88$46,979
May 20153748,77155.212.96$46,571
Apr 201546114,27849.822.71$61,611
Mar 201538410,42142.892.93$47,052
Feb 20153719,34244.662.98$44,372
Jan 201542110,96143.433.10$52,270
Dec 201454312,67854.693.59$75,228
Nov 201456512,86270.464.25$94,497
Oct 20142179578.303.90$17,362
Sep 20143146,45986.164.05$53,184
Aug 201467414,21189.394.04$117,592
Jul 201481814,06596.564.18$137,772
Jun 201474714,91198.164.74$143,957
May 201496216,23694.734.73$167,871
Apr 201477416,17895.944.81$152,060
Mar 201486818,60695.895.06$177,319
Feb 201476212,97597.406.19$154,560
Jan 20145275,16590.404.86$72,746
Dec 20132021091.824.35$2,751
Nov 20133945,17888.853.74$54,364
Oct 201377412,29197.423.78$121,855
Sep 201370510,644104.113.72$112,969
Aug 201389212,041104.253.52$135,407
Jul 20131,27614,774102.523.72$185,741
Jun 201384812,67794.403.93$129,915
May 201389313,44894.834.15$140,480
Apr 20134979,10493.964.28$85,687
Mar 20131,19214,07493.623.91$166,665
Feb 20131,06813,94591.233.42$145,124
Jan 20131,15116,99691.603.42$163,556
Dec 20121,37017,80486.773.42$179,767
Nov 20121,35318,91386.953.62$186,202
Oct 20121,47720,73789.383.40$202,513
Sep 20121,30218,57794.672.92$177,475
Aug 20121,69523,78192.662.91$226,218
Jul 20121,52422,91085.133.02$198,945
Jun 20121,61925,50379.822.52$193,472
May 20121,64028,62991.612.49$221,479
Apr 20121,64026,179101.652.00$218,980
Mar 20121,85529,730105.052.22$260,930
Feb 20121,96432,205101.102.57$281,335
Jan 20123,52435,36798.092.73$442,365
Dec 20112,25738,86796.873.24$344,555
Nov 20112,83242,81195.723.31$412,838
Oct 20113,56648,74584.983.65$480,887
Sep 20112,43641,81983.623.99$370,380
Aug 20112,79437,59283.404.15$389,001
Jul 201192918,42794.144.52$170,695
Jun 20113,55536,07992.904.64$497,662
May 20112,98371,67098.134.40$608,415
Apr 20113,62776,494105.964.33$715,787
Mar 20115,13798,67996.364.06$895,376
Feb 20111,36058,77285.644.18$362,136

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            81 bbl  × $106.41 =     $8,619
Gas                1,805 Mcf  × $  3.05 =     $5,498

────────────────────────────────────────────────────
Month total                                  $14,117

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/260464 is the state's own key, not one this site invented.