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 263543District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$15.3 M
Apr 2011 – May 2026
Value, last 12 filed months
$208 k
at the published price for each month
Months reported
182
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
CondensateDisposition117,209 bbl$9,979,700
GasProduction1,493,475 Mcf$5,348,845
Total$15,328,545

Every month this lease reported (182)

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

182 months

May 20261432,677106.413.05$23,370
Apr 20262881,49998.932.87$32,794
Mar 20261162,69289.753.15$18,889
Feb 2026301,89163.503.75$8,997
Jan 2026992,34159.138.00$24,577
Dec 20251203,07156.664.41$20,353
Nov 2025983,28958.593.93$18,656
Oct 2025771,52559.383.30$9,612
Sep 2025361,34662.743.08$6,400
Aug 20251242,57163.933.01$15,678
Jul 2025872,63566.743.32$14,542
Jun 2025872,56766.483.13$13,815
May 20251132,69460.553.23$15,550
Apr 20251152,86862.363.54$17,333
Mar 20251372,90567.704.27$21,674
Feb 20251162,40970.884.34$18,679
Jan 20251112,18874.324.28$17,611
Dec 20241482,92568.993.12$19,341
Nov 20241112,87069.052.20$13,974
Oct 20241363,17271.372.28$16,943
Sep 20241182,97469.612.36$15,246
Aug 20241542,36275.632.06$16,521
Jul 20241862,73279.932.15$20,731
Jun 20241642,94178.082.63$20,552
May 20241412,99978.812.20$17,705
Apr 20241433,09084.451.66$17,203
Mar 20241573,25280.301.55$17,632
Feb 20241473,03176.091.78$16,591
Jan 20241463,25273.023.30$21,385
Dec 20231623,32971.262.61$20,235
Nov 20231363,26677.892.81$19,763
Oct 20231643,44085.443.09$24,632
Sep 20231623,39589.042.74$23,710
Aug 20231793,59780.522.67$24,027
Jul 20231573,73574.852.64$21,619
Jun 20231813,47868.962.26$20,337
May 20231363,24670.622.23$16,834
Apr 20231853,20878.122.24$21,631
Mar 20232143,32172.852.39$23,538
Feb 20231293,05675.112.47$17,224
Jan 20231403,41476.533.39$22,280
Dec 2022963,37976.415.73$26,694
Nov 20221573,38385.005.65$32,446
Oct 20221973,69087.185.86$38,812
Sep 20221913,63284.888.16$45,863
Aug 20222023,94294.529.13$55,072
Jul 20222053,985101.587.54$50,879
Jun 20222273,973115.097.98$57,819
May 20222054,233109.378.43$58,118
Apr 20221744,430104.226.84$48,425
Mar 20221543,912108.885.08$36,626
Feb 20222223,39591.054.86$36,709
Jan 20222253,22981.844.54$33,066
Dec 20211953,36971.323.90$27,044
Nov 20212063,33977.435.24$33,436
Oct 20211953,65079.795.71$36,415
Sep 20212113,72769.865.35$34,683
Aug 20212494,63866.024.22$36,014
Jul 20212685,21670.783.98$39,740
Jun 20212604,97469.493.38$34,883
May 20212605,39163.483.02$32,773
Apr 20213195,24160.362.76$33,712
Mar 20212935,93761.302.72$34,091
Feb 20213545,64457.805.55$51,774
Jan 20213856,46250.412.81$37,568
Dec 20203396,89444.642.68$33,578
Nov 20203587,12138.772.71$33,153
Oct 20203817,91736.972.48$33,707
Sep 20204208,30337.091.99$32,109
Aug 202052810,75539.982.39$46,761
Jul 202051810,05738.371.83$38,231
Jun 20203277,27534.901.69$23,709
May 20201081,62416.921.81$4,775
Apr 20204627,66814.751.80$20,650
Mar 202075913,54530.341.86$48,171
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 2019173558.482.74$1,090
Apr 201915999562.632.75$12,695
Mar 20191781,61256.803.06$15,047
Feb 20191732,49650.852.79$15,766
Jan 20191841,84046.033.23$14,409
Dec 20181692,19946.594.19$17,077
Nov 20181451,17952.934.24$12,671
Oct 20181811,28061.443.40$15,470
Sep 20181511,60359.543.11$13,973
Aug 20181472,58759.403.07$16,665
Jul 20181523,10765.142.93$19,011
Jun 20181512,97260.183.08$18,232
May 20181783,26065.382.90$21,094
Apr 20181742,49263.842.90$18,337
Mar 20181883,03161.222.79$19,956
Feb 20181752,52561.782.77$17,796
Jan 20182312,53262.874.01$24,675
Dec 20172222,51457.272.92$20,059
Nov 20172062,46855.423.12$19,113
Oct 20172241,76049.292.98$16,292
Sep 201724824647.523.09$12,544
Aug 20171701,79745.373.00$13,112
Jul 20171751,93643.873.09$13,654
Jun 20171451,85742.493.09$11,894
May 20171981,99045.373.26$15,477
Apr 20172262,06047.933.21$17,448
Mar 20172142,17746.772.98$16,504
Feb 20171982,14750.452.95$16,328
Jan 20172862,53449.413.42$22,795
Dec 20163202,76248.763.72$25,886
Nov 20161571,78242.492.64$11,383
Oct 20161331,68646.193.09$11,353
Sep 20161431,72341.553.10$11,284
Aug 20162001,92941.442.92$13,929
Jul 20161271,76041.622.92$10,433
Jun 20161161,70945.352.69$9,851
May 20161431,58042.521.99$9,226
Apr 20161661,35536.561.99$8,767
Mar 20162142,44633.011.79$11,452
Feb 20162162,56626.472.06$11,013
Jan 20162212,48427.352.36$11,917
Dec 20152803,20332.362.00$15,471
Nov 20153333,84138.792.17$21,242
Oct 20151662,50443.552.43$13,305
Sep 2015901,01242.992.76$6,661
Aug 20151693,39040.162.87$16,525
Jul 20153125,82748.152.95$32,184
Jun 20153586,41856.152.88$38,604
May 20154147,64655.212.96$45,454
Apr 20154126,47749.822.71$38,056
Mar 20153586,44542.892.93$34,269
Feb 20154446,55544.662.98$39,338
Jan 20154215,99943.433.10$36,885
Dec 20145727,72754.693.59$59,033
Nov 20144878,88070.464.25$72,070
Oct 20141382,03978.303.90$18,759
Sep 20145408,17086.164.05$79,578
Aug 20146259,52489.394.04$94,299
Jul 20145999,18096.564.18$96,208
Jun 201489113,27298.164.74$150,328
May 20141164,00694.734.73$29,923
Apr 201424195.944.81$2,307
Mar 20141221,39695.895.06$18,758
Feb 20141,01513,43197.406.19$182,026
Jan 20141,61915,02090.404.86$219,366
Dec 20132062,53991.824.35$29,971
Nov 2013202488.853.74$1,867
Oct 20134303,73197.423.78$55,991
Sep 20137407,737104.113.72$105,806
Aug 20131,64116,128104.253.52$227,887
Jul 20135463,360102.523.72$68,468
Jun 20131,09512,10894.403.93$150,994
May 20131,52814,84394.834.15$206,485
Apr 201383910,15593.964.28$122,322
Mar 20131,34710,56893.623.91$167,457
Feb 20131,37414,44391.233.42$174,744
Jan 20131,62316,39391.603.42$204,729
Dec 20122,32918,48086.773.42$265,292
Nov 20121,55516,55686.953.62$195,222
Oct 20121,57320,36589.383.40$209,829
Sep 20121,65521,91494.672.92$220,633
Aug 20121,92330,78592.662.91$267,713
Jul 20122,29026,29385.133.02$274,374
Jun 20122,48823,10879.822.52$256,802
May 20122,54332,79191.612.49$314,559
Apr 20121,64321,291101.652.00$209,525
Mar 20122,33131,764105.052.22$315,454
Feb 20123,15832,713101.102.57$403,354
Jan 20124,18639,08398.092.73$517,461
Dec 20113,94042,33396.873.24$518,816
Nov 20113,85745,31795.723.31$519,249
Oct 20115,16756,53484.983.65$645,358
Sep 20114,23054,61383.623.99$571,389
Aug 20114,72366,73783.404.15$670,811
Jul 20116,24174,35794.144.52$923,416
Jun 20115,51843,13892.904.64$712,777
May 20116,77281,79298.134.40$1,024,815
Apr 20114,52965,323105.964.33$762,956

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           143 bbl  × $106.41 =    $15,217
Gas                2,677 Mcf  × $  3.05 =     $8,154

────────────────────────────────────────────────────
Month total                                  $23,370

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/263543 is the state's own key, not one this site invented.