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 266299District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$12.4 M
Oct 2011 – May 2026
Value, last 12 filed months
$82 k
at the published price for each month
Months reported
176
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
CondensateDisposition91,917 bbl$8,300,602
GasProduction1,220,824 Mcf$4,104,078
Total$12,404,680

Every month this lease reported (176)

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

176 months

May 202614599106.413.05$15,731
Apr 20264311798.932.87$4,590
Mar 20268539689.753.15$8,876
Feb 202634455363.503.75$23,918
Jan 20264126859.138.00$4,568
Dec 20257242856.664.41$5,968
Nov 20253022658.593.93$2,645
Oct 20254631859.383.30$3,782
Sep 20253327962.743.08$2,929
Aug 20255014463.933.01$3,631
Jul 2025313866.743.32$2,195
Jun 20252548566.483.13$3,179
May 20253386960.553.23$4,807
Apr 20254091,38962.363.54$30,427
Mar 202513798967.704.27$13,496
Feb 20257995370.884.34$9,736
Jan 20258399074.324.28$10,404
Dec 20241431,11968.993.12$13,358
Nov 20245874969.052.20$5,652
Oct 20246494571.372.28$6,724
Sep 20246285069.612.36$6,326
Aug 2024661,07475.632.06$7,208
Jul 2024831,43779.932.15$9,719
Jun 2024731,46178.082.63$9,548
May 2024571,30178.812.20$7,352
Apr 2024701,93484.451.66$9,120
Mar 2024781,44580.301.55$8,496
Feb 2024811,44276.091.78$8,735
Jan 2024661,68673.023.30$10,379
Dec 2023731,74571.262.61$9,758
Nov 2023641,39077.892.81$8,887
Oct 2023751,43485.443.09$10,835
Sep 2023841,56389.042.74$11,754
Aug 2023871,63280.522.67$11,367
Jul 2023761,66674.852.64$10,090
Jun 2023701,51168.962.26$8,240
May 2023701,49470.622.23$8,271
Apr 2023751,28978.122.24$8,743
Mar 2023731,32772.852.39$8,494
Feb 2023481,12875.112.47$6,387
Jan 2023671,27576.533.39$9,447
Dec 2022561,58576.415.73$13,360
Nov 2022601,57585.005.65$13,993
Oct 2022461,61887.185.86$13,498
Sep 2022721,35084.888.16$17,132
Aug 2022901,46494.529.13$21,869
Jul 20221121,428101.587.54$22,147
Jun 2022791,403115.097.98$20,284
May 2022811,686109.378.43$23,077
Apr 2022531,555104.226.84$16,156
Mar 2022831,401108.885.08$16,149
Feb 2022621,45091.054.86$12,690
Jan 2022601,70381.844.54$12,638
Dec 2021822,04171.323.90$13,806
Nov 2021741,89877.435.24$15,669
Oct 2021661,31679.795.71$12,786
Sep 20214167469.865.35$6,471
Aug 2021297366.024.22$4,239
Jul 202121,06270.783.98$4,371
Jun 2021501,22169.493.38$7,602
May 2021331,17963.483.02$5,653
Apr 2021571,52660.362.76$7,650
Mar 2021571,86261.302.72$8,553
Feb 2021521,59857.805.55$11,871
Jan 2021371,88050.412.81$7,148
Dec 2020261,73444.642.68$5,800
Nov 2020621,71838.772.71$7,054
Oct 20201621,52736.972.48$9,774
Sep 20201511,53837.091.99$8,663
Aug 20201391,75039.982.39$9,731
Jul 20201011,71738.371.83$7,009
Jun 2020832,54634.901.69$7,200
May 2020292,83416.921.81$5,634
Apr 2020342,71714.751.80$5,404
Mar 2020922,75730.341.86$7,909
Feb 2020902,51549.881.98$9,471
Jan 20201362,71857.252.09$13,480
Dec 20191152,70259.012.30$13,013
Nov 2019792,53755.302.75$11,347
Oct 2019552,56653.472.42$9,147
Sep 2019682,32655.052.66$9,924
Aug 2019992,62453.112.30$11,305
Jul 2019892,50056.272.46$11,158
Jun 2019502,36352.782.49$8,526
May 2019572,50058.482.74$10,184
Apr 2019672,56762.632.75$11,257
Mar 2019692,71456.803.06$12,230
Feb 2019822,75950.852.79$11,873
Jan 2019912,85646.033.23$13,408
Dec 20181082,98246.594.19$17,513
Nov 20181112,83652.934.24$17,892
Oct 2018561,24361.443.40$7,664
Sep 2018781,88559.543.11$10,503
Aug 20185379059.403.07$5,571
Jul 20187670765.142.93$7,023
Jun 20187230060.183.08$5,256
May 20182429965.382.90$2,436
Apr 20181637363.842.90$2,103
Mar 20181139661.222.79$1,777
Feb 20185357061.782.77$4,851
Jan 20185187262.874.01$6,703
Dec 20175848357.272.92$4,733
Nov 2017621,27355.423.12$7,406
Oct 2017651,61149.292.98$8,011
Sep 2017431,63247.523.09$7,082
Aug 2017401,30845.373.00$5,745
Jul 2017531,42143.873.09$6,712
Jun 2017521,15642.493.09$5,778
May 2017631,29245.373.26$7,075
Apr 2017721,64647.933.21$8,737
Mar 2017821,92346.772.98$9,573
Feb 2017881,69250.452.95$9,435
Jan 20171221,78249.413.42$12,120
Dec 20164133448.763.72$3,243
Nov 20165758242.492.64$3,961
Oct 201613440446.193.09$7,438
Sep 20166822341.553.10$3,517
Aug 20169028041.442.92$4,548
Jul 20164719041.622.92$2,512
Jun 20165122845.352.69$2,925
May 20167733642.521.99$3,943
Apr 20166139036.561.99$3,007
Mar 20163744333.011.79$2,016
Feb 20166785126.472.06$3,530
Jan 20167595427.352.36$4,307
Dec 2015681,17232.362.00$4,546
Nov 20157179738.792.17$4,481
Oct 2015931,23443.552.43$7,045
Sep 2015631,28242.992.76$6,245
Aug 20155473440.162.87$4,277
Jul 2015981,14348.152.95$8,085
Jun 201510194056.152.88$8,381
May 20151201,57455.212.96$11,277
Apr 20151971,65949.822.71$14,305
Mar 2015954,07242.892.93$16,025
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20144470.464.25$299
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20143389.394.04$280
Jul 201423196.564.18$2,225
Jun 201460516,72998.164.74$138,630
May 20141,26826,72494.734.73$246,430
Apr 20144388,91995.944.81$84,914
Mar 20141,00016,59395.895.06$179,797
Feb 20141,07218,85197.406.19$221,138
Jan 20141,16721,87490.404.86$211,820
Dec 201363810,20991.824.35$103,036
Nov 20131,41120,38088.853.74$201,554
Oct 20131,37523,15297.423.78$221,452
Sep 20131,75521,854104.113.72$263,961
Aug 20132,13923,263104.253.52$304,937
Jul 20132,02924,595102.523.72$299,451
Jun 20131,45124,27694.403.93$232,462
May 20131,59226,32894.834.15$260,206
Apr 20131,32925,05993.964.28$232,190
Mar 20132,02128,94393.623.91$302,456
Feb 20131,83031,36891.233.42$274,227
Jan 20132,65132,38091.603.42$353,568
Dec 20123,50434,34086.773.42$421,490
Nov 20123,12430,92786.953.62$383,741
Oct 20123,18431,46889.383.40$391,567
Sep 20128789,26794.672.92$110,165
Aug 20126917992.662.91$6,914
Jul 20124,27743,03185.133.02$494,089
Jun 20124,64741,90679.822.52$476,486
May 20123,32246,56691.612.49$420,200
Apr 20122,91143,166101.652.00$382,097
Mar 20124,26455,002105.052.22$570,152
Feb 20124,92856,070101.102.57$642,334
Jan 20125,58663,59798.092.73$721,810
Dec 20115,77863,03996.873.24$763,945
Nov 20115,52066,28995.723.31$747,876
Oct 20113,96850,20784.983.65$520,383

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           145 bbl  × $106.41 =    $15,429
Gas                   99 Mcf  × $  3.05 =       $302

────────────────────────────────────────────────────
Month total                                  $15,731

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/266299 is the state's own key, not one this site invented.