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 268868District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$7.9 M
Jun 2012 – May 2026
Value, last 12 filed months
$15 k
at the published price for each month
Months reported
168
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
CondensateDisposition55,227 bbl$4,337,963
GasProduction1,022,972 Mcf$3,605,240
Total$7,943,203

Every month this lease reported (168)

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

168 months

May 202646125106.413.05$5,276
Apr 202608898.932.87$253
Mar 2026025989.753.15$816
Feb 20266063.503.75$381
Jan 202617059.138.00$1,005
Dec 2025013356.664.41$587
Nov 202513058.593.93$762
Oct 2025013259.383.30$436
Sep 20251062.743.08$63
Aug 202573463.933.01$550
Jul 2025102466.743.32$747
Jun 202566066.483.13$4,388
May 2025272060.553.23$16,470
Apr 2025910562.363.54$933
Mar 2025247967.704.27$2,180
Feb 2025037070.884.34$1,606
Jan 2025223574.324.28$1,154
Dec 20246722868.993.12$5,334
Nov 202418912969.052.20$13,334
Oct 202489071.372.28$6,352
Sep 2024222669.612.36$674
Aug 2024152075.632.06$1,149
Jul 2024228479.932.15$769
Jun 2024016878.082.63$443
May 20248078.812.20$630
Apr 20248484.451.66$682
Mar 20241513780.301.55$1,416
Feb 20241043976.091.78$1,544
Jan 2024493,03073.023.30$13,570
Dec 2023332,62871.262.61$9,213
Nov 2023343,12477.892.81$11,419
Oct 2023481,02285.443.09$7,256
Sep 20234071089.042.74$5,503
Aug 20234563080.522.67$5,307
Jul 20234548474.852.64$4,647
Jun 20234652968.962.26$4,367
May 20233876170.622.23$4,379
Apr 2023471,10278.122.24$6,138
Mar 2023641,45372.852.39$8,140
Feb 2023571,45475.112.47$7,866
Jan 2023571,36776.533.39$8,993
Dec 2022611,14576.415.73$11,221
Nov 2022671,26685.005.65$12,843
Oct 2022411,30187.185.86$11,203
Sep 20221051,07284.888.16$17,664
Aug 2022291,20194.529.13$13,703
Jul 2022561,107101.587.54$14,038
Jun 2022781,229115.097.98$18,781
May 2022841,617109.378.43$22,823
Apr 2022561,684104.226.84$17,351
Mar 2022621,738108.885.08$15,573
Feb 2022501,52691.054.86$11,967
Jan 2022691,65981.844.54$13,175
Dec 2021801,87271.323.90$13,005
Nov 20211001,88277.435.24$17,599
Oct 2021631,63079.795.71$14,340
Sep 2021981,57569.865.35$15,274
Aug 2021781,65866.024.22$12,147
Jul 2021601,95070.783.98$12,012
Jun 2021621,89669.493.38$10,718
May 2021641,88163.483.02$9,739
Apr 2021771,98760.362.76$10,129
Mar 2021561,38761.302.72$7,201
Feb 2021371,67857.805.55$11,448
Jan 2021742,09550.412.81$9,618
Dec 2020862,20344.642.68$9,733
Nov 2020751,97138.772.71$8,242
Oct 2020672,19236.972.48$7,910
Sep 2020412,09637.091.99$5,694
Aug 2020592,08139.982.39$7,322
Jul 2020591,77638.371.83$5,505
Jun 2020851,98934.901.69$6,329
May 2020712,04116.921.81$4,905
Apr 2020902,28114.751.80$5,443
Mar 20201132,49630.341.86$8,062
Feb 2020802,24749.881.98$8,441
Jan 2020832,37257.252.09$9,720
Dec 2019832,45359.012.30$10,550
Nov 2019682,43655.302.75$10,461
Oct 2019452,46353.472.42$8,363
Sep 2019572,78055.052.66$10,525
Aug 2019532,57053.112.30$8,737
Jul 2019472,80156.272.46$9,535
Jun 2019512,65452.782.49$9,303
May 2019622,72458.482.74$11,090
Apr 2019622,52362.632.75$10,823
Mar 2019812,72056.803.06$12,930
Feb 2019672,73750.852.79$11,049
Jan 2019832,98646.033.23$13,460
Dec 20181063,03646.594.19$17,646
Nov 2018973,15652.934.24$18,507
Oct 20181092,23061.443.40$14,275
Sep 20181073,23159.543.11$16,413
Aug 20181143,41859.403.07$17,253
Jul 2018913,13165.142.93$15,107
Jun 20181044,25360.183.08$19,345
May 20181104,58765.382.90$20,498
Apr 20181165,23963.842.90$22,603
Mar 20181434,83861.222.79$22,237
Feb 20182294,29461.782.77$26,025
Jan 20182334,75962.874.01$33,729
Dec 20171792,31657.272.92$17,018
Nov 20171074,00355.423.12$18,413
Oct 20171224,03249.292.98$18,044
Sep 20171394,49247.523.09$20,473
Aug 20171194,60545.373.00$19,234
Jul 20171696,27843.873.09$26,796
Jun 20175634,62942.493.09$38,213
May 20174235,15345.373.26$36,008
Apr 20173865,36147.933.21$35,718
Mar 20173715,57046.772.98$33,971
Feb 20172755,10050.452.95$28,932
Jan 20171835,78649.413.42$28,823
Dec 20161846,49948.763.72$33,167
Nov 20161885,28142.492.64$21,953
Oct 20162127,55746.193.09$33,145
Sep 20162435,58041.553.10$27,398
Aug 20163695,96341.442.92$32,729
Jul 20162905,92141.622.92$29,385
Jun 20163917,95445.352.69$39,095
May 20163771,99842.521.99$20,008
Apr 20166798,89436.561.99$42,533
Mar 201661019,80133.011.79$55,659
Feb 20165465,94826.472.06$26,727
Jan 20163436,19327.352.36$24,024
Dec 20153445,97932.362.00$23,098
Nov 20153945,96438.792.17$28,209
Oct 20154365,45043.552.43$32,213
Sep 20153675,78942.992.76$31,746
Aug 20154005,47940.162.87$31,802
Jul 20154256,75148.152.95$40,346
Jun 20153657,61056.152.88$42,433
May 20153088,24355.212.96$41,366
Apr 20153548,96449.822.71$41,898
Mar 201534010,09242.892.93$44,200
Feb 20153479,48244.662.98$43,717
Jan 201532310,00743.433.10$45,056
Dec 20144228,64254.693.59$54,116
Nov 201444810,67670.464.25$76,959
Oct 20143789,78578.303.90$67,768
Sep 20143978,69686.164.05$69,385
Aug 201449511,65989.394.04$91,294
Jul 201487312,40496.564.18$136,141
Jun 20142446,27198.164.74$53,656
May 201467112,02494.734.73$120,396
Apr 201443211,30795.944.81$95,823
Mar 201478011,67795.895.06$133,842
Feb 201466010,02597.406.19$126,359
Jan 20143723,01790.404.86$48,294
Dec 20132653,33791.824.35$38,863
Nov 20131,18223,01588.853.74$191,057
Oct 20131,26825,97897.423.78$221,709
Sep 20131,73826,252104.113.72$278,541
Aug 20131,71128,894104.253.52$280,154
Jul 20131,88131,879102.523.72$311,358
Jun 20131,75433,02894.403.93$295,490
May 20132,11737,08794.834.15$354,632
Apr 20131,84039,49793.964.28$342,036
Mar 20132,60343,78693.623.91$415,022
Feb 20132,25938,40291.233.42$337,420
Jan 20133,07943,73691.603.42$431,610
Dec 20123,18250,67186.773.42$449,405
Nov 20124,35455,34386.953.62$579,196
Oct 20121,67226,94789.383.40$241,055
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0

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            46 bbl  × $106.41 =     $4,895
Gas                  125 Mcf  × $  3.05 =       $381

────────────────────────────────────────────────────
Month total                                   $5,276

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/268868 is the state's own key, not one this site invented.