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 266087District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$6.4 M
Aug 2011 – May 2026
Value, last 12 filed months
$133 k
at the published price for each month
Months reported
178
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
CondensateDisposition48,909 bbl$4,133,805
GasProduction719,210 Mcf$2,310,214
Total$6,444,019

Every month this lease reported (178)

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

178 months

May 2026375106.413.05$548
Apr 2026344598.932.87$3,493
Mar 202633426089.753.15$30,795
Feb 202634017663.503.75$22,250
Jan 202641118759.138.00$25,798
Dec 202537715856.664.41$22,058
Nov 202525716058.593.93$15,686
Oct 20256811859.383.30$4,428
Sep 2025010662.743.08$326
Aug 20253010763.933.01$2,240
Jul 20257016966.743.32$5,232
Jun 2025210066.483.13$446
May 202594660.553.23$694
Apr 202537362.363.54$446
Mar 2025120567.704.27$943
Feb 2025117670.884.34$835
Jan 2025916274.324.28$1,362
Dec 2024116468.993.12$581
Nov 2024727869.052.20$1,095
Oct 202462271.372.28$478
Sep 202466569.612.36$571
Aug 202496875.632.06$821
Jul 2024404379.932.15$3,290
Jun 2024416578.082.63$3,372
May 20241412378.812.20$1,374
Apr 202477184.451.66$709
Mar 2024147380.301.55$1,237
Feb 2024110076.091.78$254
Jan 2024719973.023.30$1,167
Dec 20233260671.262.61$3,862
Nov 20233873477.892.81$5,021
Oct 20233559785.443.09$4,834
Sep 20234760189.042.74$5,829
Aug 20231679280.522.67$3,405
Jul 20233954074.852.64$4,346
Jun 20234247068.962.26$3,958
May 20235580670.622.23$5,679
Apr 20231159978.122.24$2,200
Mar 20233374972.852.39$4,197
Feb 20234364475.112.47$4,818
Jan 20234857976.533.39$5,635
Dec 20222671576.415.73$6,083
Nov 2022471785.005.65$4,388
Oct 20225982487.185.86$9,975
Sep 20226143084.888.16$8,688
Aug 20224650294.529.13$8,930
Jul 202256501101.587.54$9,467
Jun 202240516115.097.98$8,720
May 202233665109.378.43$9,217
Apr 202236745104.226.84$8,846
Mar 202233600108.885.08$6,639
Feb 20222847591.054.86$4,857
Jan 20222860881.844.54$5,050
Dec 20213556771.323.90$4,707
Nov 2021653477.435.24$3,261
Oct 2021662579.795.71$4,050
Sep 20218156169.865.35$8,661
Aug 20219559166.024.22$8,766
Jul 20215063770.783.98$6,076
Jun 202124872869.493.38$19,695
May 202112881063.483.02$10,570
Apr 20217781960.362.76$6,907
Mar 20217383361.302.72$6,738
Feb 20219874957.805.55$9,820
Jan 20217381550.412.81$5,970
Dec 20207582344.642.68$5,550
Nov 20206384538.772.71$4,730
Oct 20205671536.972.48$3,842
Sep 20205874637.091.99$3,637
Aug 20204166139.982.39$3,216
Jul 20203768138.371.83$2,663
Jun 20206689234.901.69$3,811
May 2020641,03616.921.81$2,963
Apr 20209467514.751.80$2,604
Mar 20206047930.341.86$2,710
Feb 20207661449.881.98$5,007
Jan 20208554357.252.09$6,004
Dec 20193745059.012.30$3,220
Nov 20195259555.302.75$4,512
Oct 20193698053.472.42$4,295
Sep 20195089455.052.66$5,128
Aug 20198195453.112.30$6,500
Jul 20197994356.272.46$6,765
Jun 20196480752.782.49$5,388
May 20198377458.482.74$6,975
Apr 20194776562.632.75$5,048
Mar 201912169556.803.06$9,001
Feb 20195973150.852.79$5,041
Jan 20198248946.033.23$5,353
Dec 20185577746.594.19$5,815
Nov 20188977352.934.24$7,986
Oct 201811392761.443.40$10,093
Sep 20189375159.543.11$7,871
Aug 201814588959.403.07$11,339
Jul 201823695865.142.93$18,182
Jun 20186174960.183.08$5,976
May 20189487465.382.90$8,681
Apr 20184780863.842.90$5,344
Mar 2018612,02661.222.79$9,381
Feb 20182121,04361.782.77$15,982
Jan 201818877962.874.01$14,943
Dec 20175536357.272.92$4,210
Nov 20177267355.423.12$6,089
Oct 20174662549.292.98$4,132
Sep 20172858247.523.09$3,127
Aug 20174768545.373.00$4,190
Jul 20174671243.873.09$4,216
Jun 20179746342.493.09$5,551
May 20177147145.373.26$4,758
Apr 20178351947.933.21$5,645
Mar 201720380446.772.98$11,893
Feb 201716473450.452.95$10,441
Jan 201710061049.413.42$7,026
Dec 201610958548.763.72$7,493
Nov 20168248742.492.64$4,772
Oct 201610782146.193.09$7,479
Sep 20168483341.553.10$6,073
Aug 201611646941.442.92$6,179
Jul 201611066941.622.92$6,535
Jun 20167878145.352.69$5,635
May 201614684642.521.99$7,892
Apr 20167795036.561.99$4,707
Mar 20168597633.011.79$4,557
Feb 2016811,00926.472.06$4,226
Jan 20161151,43427.352.36$6,536
Dec 20151581,44832.362.00$8,011
Nov 20151881,19938.792.17$9,891
Oct 20152881,35543.552.43$15,830
Sep 2015921,32142.992.76$7,599
Aug 2015431,09940.162.87$4,884
Jul 20152081,59848.152.95$14,721
Jun 20151811,67356.152.88$14,986
May 20151291,81255.212.96$12,477
Apr 2015941,58449.822.71$8,970
Mar 20152062,36142.892.93$15,764
Feb 201506444.662.98$190
Jan 20153041143.433.10$2,577
Dec 2014941,87654.693.59$11,878
Nov 2014571,06670.464.25$8,549
Oct 20142642678.303.90$3,698
Sep 20143746586.164.05$5,069
Aug 20141711,84189.394.04$22,714
Jul 20142011,18896.564.18$24,374
Jun 201414997598.164.74$19,244
May 201413277694.734.73$16,172
Apr 20148567395.944.81$11,391
Mar 20143849995.895.06$6,167
Feb 20144478497.406.19$9,140
Jan 20143282,04690.404.86$39,596
Dec 20132081,41591.824.35$25,260
Nov 20135774,15188.853.74$66,784
Oct 20135114,78797.423.78$67,873
Sep 20138824,951104.113.72$110,232
Aug 20133214,910104.253.52$50,760
Jul 20133294,953102.523.72$52,143
Jun 20131835,82494.403.93$40,183
May 20132269,17794.834.15$59,508
Apr 20131078,44193.964.28$46,203
Mar 201324011993.623.91$22,934
Feb 20131588,74391.233.42$44,315
Jan 201352412,79091.603.42$91,739
Dec 20121,12813,84886.773.42$145,239
Nov 201298616,35286.953.62$145,008
Oct 20123958,99689.383.40$65,889
Sep 201252911,55094.672.92$83,788
Aug 20121,10816,96592.662.91$152,004
Jul 20121,48528,67085.133.02$213,024
Jun 20122,30730,43279.822.52$260,804
May 20121,60331,96691.612.49$226,392
Apr 20121,46729,748101.652.00$208,521
Mar 20122,16736,690105.052.22$309,171
Feb 20122,46735,742101.102.57$341,279
Jan 20123,01040,48298.092.73$405,932
Dec 20112,71643,10396.873.24$402,741
Nov 20113,42243,96595.723.31$473,134
Oct 20113,39463,09084.983.65$518,609
Sep 20113,57172,57283.623.99$587,865
Aug 201178623,11883.404.15$161,476

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             3 bbl  × $106.41 =       $319
Gas                   75 Mcf  × $  3.05 =       $228

────────────────────────────────────────────────────
Month total                                     $548

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/266087 is the state's own key, not one this site invented.