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 267608District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$17.8 M
Jan 2012 – May 2026
Value, last 12 filed months
$152 k
at the published price for each month
Months reported
173
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
CondensateDisposition122,860 bbl$9,039,143
GasProduction2,693,003 Mcf$8,760,319
Total$17,799,462

Every month this lease reported (173)

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

173 months

May 2026683,138106.413.05$16,794
Apr 2026671,54698.932.87$11,065
Mar 2026741,59289.753.15$11,655
Feb 2026761,39463.503.75$10,054
Jan 2026861,58159.138.00$17,730
Dec 2025861,53556.664.41$11,647
Nov 2025871,55658.593.93$11,207
Oct 2025801,62459.383.30$10,117
Sep 2025871,70262.743.08$10,695
Aug 20252301,88263.933.01$20,378
Jul 2025631,74866.743.32$10,000
Jun 2025751,67966.483.13$10,239
May 2025891,85560.553.23$11,385
Apr 2025951,88562.363.54$12,603
Mar 20251131,93067.704.27$15,888
Feb 20251061,74170.884.34$15,071
Jan 20251051,92474.324.28$16,036
Dec 20241181,94268.993.12$14,203
Nov 20241001,91269.052.20$11,108
Oct 20241382,02571.372.28$14,469
Sep 2024821,92269.612.36$10,252
Aug 2024792,25875.632.06$10,634
Jul 2024421,48179.932.15$6,536
Jun 2024922,00378.082.63$12,459
May 20241012,07778.812.20$12,526
Apr 20241042,03184.451.66$12,153
Mar 20241182,15280.301.55$12,801
Feb 20241221,87076.091.78$12,618
Jan 20241032,09973.023.30$14,443
Dec 20231092,08271.262.61$13,203
Nov 2023991,98877.892.81$13,293
Oct 20231142,09885.443.09$16,217
Sep 20231082,21889.042.74$15,683
Aug 20231242,30780.522.67$16,151
Jul 20231042,29474.852.64$13,845
Jun 20231112,21068.962.26$12,646
May 2023992,25970.622.23$12,023
Apr 20231126,87378.122.24$24,130
Mar 20231782,64272.852.39$19,290
Feb 20231472,02975.112.47$16,044
Jan 20231252,31476.533.39$17,405
Dec 2022482,30376.415.73$16,862
Nov 20221072,27085.005.65$21,912
Oct 20221072,35887.185.86$23,155
Sep 20221392,28384.888.16$30,436
Aug 20221342,41594.529.13$34,708
Jul 20221512,412101.587.54$33,530
Jun 20221452,350115.097.98$35,434
May 20221612,454109.378.43$38,303
Apr 20221232,412104.226.84$29,311
Mar 20221352,462108.885.08$27,197
Feb 20221232,23591.054.86$22,059
Jan 20221152,51981.844.54$20,842
Dec 2021952,57471.323.90$16,812
Nov 2021942,52877.435.24$20,517
Oct 20211002,66679.795.71$23,212
Sep 20211082,56869.865.35$21,286
Aug 20211432,62866.024.22$20,533
Jul 20211372,64570.783.98$20,229
Jun 20211592,59069.493.38$19,805
May 20212302,69663.483.02$22,736
Apr 20215362,70060.362.76$39,801
Mar 20212412,32161.302.72$21,079
Feb 2021862,17557.805.55$17,038
Jan 20211272,40750.412.81$13,166
Dec 20201112,63744.642.68$12,010
Nov 2020672,60538.772.71$9,648
Oct 2020752,74936.972.48$9,586
Sep 2020462,62037.091.99$6,923
Aug 2020532,24339.982.39$7,469
Jul 2020502,63138.371.83$6,720
Jun 2020662,61834.901.69$6,729
May 2020532,76616.921.81$5,916
Apr 2020872,69214.751.80$6,141
Mar 20201522,70430.341.86$9,631
Feb 20201452,58849.881.98$12,359
Jan 20201452,78257.252.09$14,129
Dec 20191732,81559.012.30$16,696
Nov 20191972,48655.302.75$17,732
Oct 20191413,00953.472.42$14,817
Sep 20191662,95655.052.66$16,993
Aug 20191463,10953.112.30$14,918
Jul 20191513,10056.272.46$16,123
Jun 20191613,20352.782.49$16,477
May 20191863,33258.482.74$20,008
Apr 20191673,13762.632.75$19,088
Mar 20191703,35056.803.06$19,914
Feb 20191903,18250.852.79$18,546
Jan 20192183,45546.033.23$21,188
Dec 20182343,71146.594.19$26,434
Nov 20182033,35752.934.24$24,969
Oct 20182364,70061.443.40$30,471
Sep 201822614,67859.543.11$59,075
Aug 20182578,91759.403.07$42,610
Jul 20183425,15365.142.93$37,386
Jun 20181624,22660.183.08$22,752
May 20182825,47465.382.90$34,316
Apr 20182225,75463.842.90$30,864
Mar 20182915,02661.222.79$31,822
Feb 20182844,52261.782.77$30,054
Jan 20184304,29562.874.01$44,254
Dec 20174906,42157.272.92$46,821
Nov 20172125,43555.423.12$28,697
Oct 201758717,86949.292.98$82,249
Sep 201782115,89547.523.09$88,086
Aug 201784217,59845.373.00$91,073
Jul 20171,05717,91643.873.09$101,682
Jun 20171,20017,06542.493.09$103,672
May 20171,06816,77245.373.26$103,189
Apr 20171,13415,64847.933.21$104,608
Mar 20171,12217,72646.772.98$105,365
Feb 201781912,17550.452.95$77,266
Jan 201798616,29749.413.42$104,434
Dec 20161,06416,50248.763.72$113,315
Nov 201693516,44542.492.64$83,214
Oct 20161,12117,40946.193.09$105,577
Sep 20161,01816,15141.553.10$92,376
Aug 20161,24316,79241.442.92$100,615
Jul 20161,41617,25341.622.92$109,388
Jun 20161,42716,56245.352.69$109,197
May 20161,65418,21842.521.99$106,601
Apr 20161,56717,92136.561.99$92,971
Mar 20161,62118,78533.011.79$87,210
Feb 20161,60118,66426.472.06$80,894
Jan 20161,33720,54527.352.36$85,143
Dec 20151,53521,08632.362.00$91,874
Nov 20151,30121,07438.792.17$96,140
Oct 20151,28222,24743.552.43$109,815
Sep 201568222,32542.992.76$90,901
Aug 20151,07323,29840.162.87$110,015
Jul 20151,16624,66648.152.95$128,786
Jun 201595724,38956.152.88$124,046
May 201594225,91655.212.96$128,601
Apr 20151,04626,40549.822.71$123,579
Mar 201579928,13142.892.93$116,825
Feb 201585525,76144.662.98$114,854
Jan 20151,10129,43043.433.10$139,068
Dec 20141,08231,19454.693.59$171,203
Nov 201494331,39970.464.25$199,947
Oct 201460622,00278.303.90$133,279
Sep 201498225,73286.164.05$188,706
Aug 20141,34235,97589.394.04$265,125
Jul 20141,31136,22496.564.18$277,992
Jun 20141,33136,46998.164.74$303,400
May 20141,83038,54294.734.73$355,527
Apr 20141,34938,02995.944.81$312,309
Mar 20141,64340,24495.895.06$361,053
Feb 20141,65033,09997.406.19$365,659
Jan 20142,48140,89790.404.86$423,071
Dec 20134809,61491.824.35$85,938
Nov 20131,70531,90288.853.74$270,748
Oct 20131,83236,86597.423.78$317,800
Sep 20132,30734,300104.113.72$367,700
Aug 20132,10035,722104.253.52$344,760
Jul 20132,12322,938102.523.72$302,927
Jun 20131,37320,62094.403.93$210,718
May 20131,77326,16894.834.15$276,707
Apr 20134736,62293.964.28$72,802
Mar 20132,69835,59793.623.91$391,873
Feb 20133,39757,22791.233.42$505,620
Jan 20134,09766,28791.603.42$601,981
Dec 20124,40165,57586.773.42$606,152
Nov 20124,27768,53686.953.62$620,325
Oct 20124,81675,90989.383.40$688,520
Sep 20124,84577,57794.672.92$685,077
Aug 20125,36384,53092.662.91$742,762
Jul 201256780,16085.133.02$290,416
Jun 201295977,48979.822.52$271,745
May 201248387,71691.612.49$262,513
Apr 201249887,939101.652.00$226,218
Mar 201278971,930105.052.22$242,719
Feb 201292877,249101.102.57$292,369
Jan 201290078,98298.092.73$304,224

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            68 bbl  × $106.41 =     $7,236
Gas                3,138 Mcf  × $  3.05 =     $9,558

────────────────────────────────────────────────────
Month total                                  $16,794

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/267608 is the state's own key, not one this site invented.