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 269837District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$28.6 M
May 2012 – May 2026
Value, last 12 filed months
$306 k
at the published price for each month
Months reported
169
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
CondensateDisposition203,814 bbl$16,828,484
GasProduction3,381,364 Mcf$11,778,048
Total$28,606,532

Every month this lease reported (169)

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

169 months

May 20261853,656106.413.05$30,821
Apr 20261843,57498.932.87$28,460
Mar 20261833,74089.753.15$28,203
Feb 20261902,92663.503.75$23,038
Jan 20262083,79959.138.00$42,683
Dec 20251943,85156.664.41$27,988
Nov 20251733,81958.593.93$25,131
Oct 20251693,92959.383.30$23,020
Sep 20251623,91862.743.08$22,219
Aug 20252074,13363.933.01$25,694
Jul 20251065,47166.743.32$25,212
Jun 202551,02366.483.13$3,533
May 2025184,42760.553.23$15,399
Apr 20251754,31462.363.54$26,198
Mar 20252224,43767.704.27$33,968
Feb 20252053,74470.884.34$30,783
Jan 20252054,34674.324.28$33,831
Dec 20242334,57168.993.12$30,342
Nov 20241504,93069.052.20$21,196
Oct 20242015,26971.372.28$26,366
Sep 20241204,60269.612.36$19,234
Aug 2024484,96575.632.06$13,876
Jul 20242455,27679.932.15$30,908
Jun 20241803,77378.082.63$23,992
May 20241744,10778.812.20$22,742
Apr 20241813,80384.451.66$21,595
Mar 20242544,79880.301.55$27,810
Feb 20242354,25476.091.78$25,469
Jan 20242034,30173.023.30$29,006
Dec 20232214,78971.262.61$28,251
Nov 20232194,83877.892.81$30,641
Oct 20232755,18085.443.09$39,488
Sep 20232575,10589.042.74$36,846
Aug 20232865,36580.522.67$37,369
Jul 20232475,37574.852.64$32,688
Jun 20232595,21068.962.26$29,627
May 20232395,37670.622.23$28,853
Apr 20232375,23778.122.24$30,234
Mar 20233155,60072.852.39$36,349
Feb 20232514,46075.112.47$29,850
Jan 20233255,41676.533.39$43,220
Dec 20222545,49076.415.73$50,861
Nov 20222855,47485.005.65$55,132
Oct 20222395,72887.185.86$54,424
Sep 20222835,67384.888.16$70,334
Aug 20222815,83194.529.13$79,781
Jul 20222725,573101.587.54$69,662
Jun 20223125,494115.097.98$79,735
May 20222915,622109.378.43$79,237
Apr 20222275,974104.226.84$64,506
Mar 20222314,375108.885.08$47,361
Feb 20222454,74691.054.86$45,367
Jan 20222525,62981.844.54$46,166
Dec 20212576,05371.323.90$41,931
Nov 20212585,99177.435.24$51,351
Oct 20212506,40179.795.71$56,522
Sep 20212085,24969.865.35$42,618
Aug 20213186,38266.024.22$47,930
Jul 20212946,52470.783.98$46,788
Jun 20212726,09169.493.38$39,493
May 20212686,55663.483.02$36,796
Apr 20213296,63860.362.76$38,169
Mar 20213026,70361.302.72$36,724
Feb 20212746,04957.805.55$49,397
Jan 20213446,69350.412.81$36,150
Dec 20202996,65144.642.68$31,142
Nov 20203176,96838.772.71$31,149
Oct 20202636,89036.972.48$26,799
Sep 20202367,00437.091.99$22,698
Aug 20202467,29439.982.39$27,232
Jul 20202887,35738.371.83$24,478
Jun 20203967,16534.901.69$25,931
May 20202987,54416.921.81$18,733
Apr 20203417,36014.751.80$18,310
Mar 20203187,64430.341.86$23,837
Feb 20203017,11349.881.98$29,102
Jan 20202857,62657.252.09$32,291
Dec 20192777,76259.012.30$34,232
Nov 20192597,37555.302.75$34,609
Oct 20191706,49553.472.42$24,798
Sep 20192567,77555.052.66$34,753
Aug 20192528,17653.112.30$32,224
Jul 20193497,95456.272.46$39,206
Jun 20194028,10252.782.49$41,401
May 20193728,44258.482.74$44,888
Apr 20193328,33462.632.75$43,717
Mar 20193468,72456.803.06$46,367
Feb 20193198,22750.852.79$39,193
Jan 20193208,98146.033.23$43,722
Dec 20182075,48346.594.19$32,593
Nov 20183228,55352.934.24$53,285
Oct 201848611,10261.443.40$67,585
Sep 201841711,08659.543.11$59,283
Aug 201842211,67459.403.07$60,866
Jul 201840811,73665.142.93$60,986
Jun 201839711,55760.183.08$59,451
May 201853211,71465.382.90$68,762
Apr 201849311,76663.842.90$65,604
Mar 201850112,46661.222.79$65,412
Feb 201851011,53961.782.77$63,426
Jan 201866412,66662.874.01$92,528
Dec 201759913,02557.272.92$72,358
Nov 201755612,97155.423.12$71,262
Oct 201758513,66649.292.98$69,610
Sep 201769013,45347.523.09$74,322
Aug 201757314,06645.373.00$68,257
Jul 201753414,00943.873.09$66,676
Jun 201751815,30542.493.09$69,261
May 201760114,08145.373.26$73,219
Apr 201768613,64547.933.21$76,702
Mar 201772114,49646.772.98$76,973
Feb 201767313,34950.452.95$73,367
Jan 201775314,59749.413.42$87,110
Dec 201680814,84548.763.72$94,663
Nov 201674314,87642.492.64$70,907
Oct 201677315,46546.193.09$83,496
Sep 201670314,80041.553.10$75,099
Aug 201676014,93241.442.92$75,161
Jul 201667215,03041.622.92$71,921
Jun 201667614,41045.352.69$69,359
May 201682115,57142.521.99$65,911
Apr 201680915,13536.561.99$59,711
Mar 201686916,38533.011.79$58,081
Feb 201682115,53426.472.06$53,788
Jan 201696016,94527.352.36$66,320
Dec 20151,05717,44532.362.00$69,119
Nov 20151,02717,21038.792.17$77,137
Oct 201589417,91643.552.43$82,408
Sep 201543217,36742.992.76$66,477
Aug 201547318,05740.162.87$70,864
Jul 201554318,41348.152.95$80,373
Jun 201560617,92256.152.88$85,694
May 201568318,68755.212.96$92,937
Apr 201569418,55049.822.71$84,782
Mar 201570118,84042.892.93$85,356
Feb 201578616,67644.662.98$84,734
Jan 201590516,73843.433.10$91,202
Dec 201486717,14154.693.59$108,976
Nov 201450510,64470.464.25$80,839
Oct 20143306,10878.303.90$49,666
Sep 201481615,53686.164.05$133,157
Aug 201479211,93389.394.04$118,948
Jul 20145237,31696.564.18$81,079
Jun 201421098.164.74$2,061
May 20142,14725,31494.734.73$323,033
Apr 201495016,89795.944.81$172,403
Mar 20143,46061,91995.895.06$644,891
Feb 20143,85258,73197.406.19$738,847
Jan 20144,32167,81290.404.86$720,234
Dec 20134,22972,93091.824.35$705,879
Nov 20134,43374,16388.853.74$671,114
Oct 20134,59282,17697.423.78$757,925
Sep 20136,01281,350104.113.72$928,347
Aug 20137,26385,400104.253.52$1,057,999
Jul 20136,90788,975102.523.72$1,038,892
Jun 20135,19390,02594.403.93$844,324
May 20136,16396,11794.834.15$983,234
Apr 20135,69899,25293.964.28$960,440
Mar 20137,578104,12193.623.91$1,116,864
Feb 20136,601100,80291.233.42$946,943
Jan 20139,748106,64991.603.42$1,257,647
Dec 20124,28552,15086.773.42$550,171
Nov 20128,057113,34386.953.62$1,111,420
Oct 20128,195115,67589.383.40$1,125,727
Sep 20128,056114,64194.672.92$1,097,230
Aug 20129,180120,52792.662.91$1,201,131
Jul 20129,768138,60585.133.02$1,250,248
Jun 20128,409108,41579.822.52$944,308
May 20121,86535,33491.612.49$258,775

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           185 bbl  × $106.41 =    $19,686
Gas                3,656 Mcf  × $  3.05 =    $11,136

────────────────────────────────────────────────────
Month total                                  $30,821

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/269837 is the state's own key, not one this site invented.