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 269986District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$7.2 M
Oct 2012 – May 2026
Value, last 12 filed months
$703
at the published price for each month
Months reported
164
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
CondensateDisposition45,029 bbl$3,734,247
GasProduction945,125 Mcf$3,480,217
Total$7,214,464

Every month this lease reported (164)

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

164 months

May 202603106.413.05$9
Apr 202602598.932.87$72
Mar 20263389.753.15$279
Feb 20260063.503.75$0
Jan 202601559.138.00$120
Dec 20250856.664.41$35
Nov 202501458.593.93$55
Oct 202501259.383.30$40
Sep 20250862.743.08$25
Aug 20250963.933.01$27
Jul 20250666.743.32$20
Jun 20250766.483.13$22
May 20250760.553.23$23
Apr 20250762.363.54$25
Mar 20250667.704.27$26
Feb 20250670.884.34$26
Jan 20250674.324.28$26
Dec 20240768.993.12$22
Nov 202401469.052.20$31
Oct 20240771.372.28$16
Sep 20240669.612.36$14
Aug 20240675.632.06$12
Jul 20240579.932.15$11
Jun 20240578.082.63$13
May 202405678.812.20$123
Apr 2024016984.451.66$280
Mar 202405280.301.55$80
Feb 20240076.091.78$0
Jan 202401273.023.30$40
Dec 202301271.262.61$31
Nov 20230577.892.81$14
Oct 20230585.443.09$15
Sep 20230589.042.74$14
Aug 202301580.522.67$40
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202240115.097.98$460
May 20222831109.378.43$3,324
Apr 202230104.226.84$313
Mar 2022895108.885.08$1,353
Feb 202257791.054.86$829
Jan 202269381.844.54$913
Dec 202179671.323.90$874
Nov 2021810077.435.24$1,143
Oct 2021610179.795.71$1,056
Sep 2021710369.865.35$1,040
Aug 202199966.024.22$1,012
Jul 202186270.783.98$813
Jun 2021610269.493.38$762
May 2021810763.483.02$831
Apr 2021910360.362.76$827
Mar 2021710561.302.72$714
Feb 202168857.805.55$835
Jan 2021910450.412.81$746
Dec 2020810044.642.68$625
Nov 202086738.772.71$492
Oct 2020114536.972.48$518
Sep 20203037.091.99$111
Aug 20201213739.982.39$807
Jul 2020316838.371.83$422
Jun 20204034.901.69$140
May 20201212816.921.81$435
Apr 20201210914.751.80$374
Mar 2020811030.341.86$447
Feb 202045949.881.98$316
Jan 20208057.252.09$458
Dec 2019201759.012.30$1,219
Nov 2019812255.302.75$4,540
Oct 2019914153.472.42$822
Sep 2019521555.052.66$847
Aug 2019282153.112.30$1,535
Jul 201914456.272.46$165
Jun 201923352.782.49$188
May 2019124058.482.74$811
Apr 20193424962.632.75$2,814
Mar 2019772,40656.803.06$11,741
Feb 20191393,09950.852.79$15,721
Jan 20191483,93446.033.23$19,512
Dec 20181234,08146.594.19$22,811
Nov 20181334,06052.934.24$24,243
Oct 20181833,26761.443.40$22,345
Sep 20181462,01859.543.11$14,965
Aug 20181341,67859.403.07$13,105
Jul 20181713,39065.142.93$21,078
Jun 20181543,37560.183.08$19,652
May 20184834,66965.382.90$45,122
Apr 20181734,27163.842.90$23,434
Mar 20181804,60061.222.79$23,839
Feb 20182254,83961.782.77$27,286
Jan 20182444,85562.874.01$34,806
Dec 20171955,28857.272.92$26,617
Nov 20171616,15355.423.12$28,110
Oct 20171835,82149.292.98$26,388
Sep 20171325,36647.523.09$22,839
Aug 20171075,16045.373.00$20,357
Jul 20171102,88943.873.09$13,745
Jun 20171753,68342.493.09$18,806
May 20171473,39745.373.26$17,755
Apr 20171723,55247.933.21$19,652
Mar 20171864,48246.772.98$22,072
Feb 20171584,32350.452.95$20,735
Jan 20171904,85249.413.42$25,976
Dec 20162235,21048.763.72$30,269
Nov 20161995,21342.492.64$22,241
Oct 20162113,60946.193.09$20,899
Sep 20161993,75541.553.10$19,911
Aug 20162094,36341.442.92$21,420
Jul 20161423,22641.622.92$15,344
Jun 20161273,47145.352.69$15,082
May 20161845,00942.521.99$17,797
Apr 20161804,85136.561.99$16,239
Mar 20162014,29233.011.79$14,335
Feb 20162134,50926.472.06$14,943
Jan 20162809,08127.352.36$29,129
Dec 201531910,05832.362.00$30,453
Nov 20152569,22938.792.17$29,933
Oct 201524711,02743.552.43$37,515
Sep 201535411,80742.992.76$47,787
Aug 201542711,91640.162.87$51,377
Jul 201545713,16248.152.95$60,768
Jun 201538813,41056.152.88$60,445
May 201538515,66955.212.96$67,565
Apr 201535610,51549.822.71$46,196
Mar 20153328,87642.892.93$40,288
Feb 20153618,47244.662.98$41,337
Jan 20154429,30443.433.10$48,044
Dec 201445510,48754.693.59$62,547
Nov 201444110,49070.464.25$75,675
Oct 201454711,69278.303.90$88,440
Sep 201454310,98986.164.05$91,240
Aug 201468713,10089.394.04$114,271
Jul 201473813,79296.564.18$128,906
Jun 20143619,70298.164.74$81,393
May 201464213,16994.734.73$123,061
Apr 201444612,94395.944.81$105,034
Mar 201465413,99995.895.06$133,502
Feb 20143918,25997.406.19$89,223
Jan 201481815,39690.404.86$148,783
Dec 20131,87436,77291.824.35$332,194
Nov 20131,90741,28688.853.74$323,776
Oct 20131,74238,86597.423.78$316,590
Sep 20132,67839,813104.113.72$426,821
Aug 20132,79445,532104.253.52$451,666
Jul 20133,06250,753102.523.72$502,603
Jun 20132,90855,98894.403.93$494,739
May 20133,61565,01494.834.15$612,559
Apr 20133,29672,99093.964.28$622,278
Mar 20132,67750,85893.623.91$449,621
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$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             0 bbl  × $106.41 =         $0
Gas                    3 Mcf  × $  3.05 =         $9

────────────────────────────────────────────────────
Month total                                       $9

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/269986 is the state's own key, not one this site invented.