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 269987District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$8.0 M
Sep 2012 – May 2026
Value, last 12 filed months
$172 k
at the published price for each month
Months reported
165
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
CondensateDisposition47,528 bbl$3,970,079
GasProduction1,069,209 Mcf$4,002,272
Total$7,972,350

Every month this lease reported (165)

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

165 months

May 2026370111106.413.05$39,710
Apr 202614370698.932.87$16,173
Mar 2026531,69289.753.15$10,086
Feb 2026641,59863.503.75$10,057
Jan 2026901,78959.138.00$19,630
Dec 2025551,97856.664.41$11,846
Nov 2025561,92958.593.93$10,855
Oct 2025562,08659.383.30$10,219
Sep 2025772,07062.743.08$11,200
Aug 2025922,31563.933.01$12,861
Jul 2025432,37066.743.32$10,727
Jun 2025491,83466.483.13$8,996
May 2025581,91160.553.23$9,689
Apr 2025601,84062.363.54$10,261
Mar 2025731,86767.704.27$12,911
Feb 2025601,44170.884.34$10,508
Jan 2025611,67974.324.28$11,717
Dec 2024971,83868.993.12$12,429
Nov 2024762,05269.052.20$9,759
Oct 2024882,37971.372.28$11,708
Sep 2024612,63469.612.36$10,474
Aug 2024642,74575.632.06$10,505
Jul 2024672,82679.932.15$11,422
Jun 2024762,66378.082.63$12,948
May 2024682,25578.812.20$10,317
Apr 2024652,24484.451.66$9,212
Mar 2024712,32780.301.55$9,297
Feb 2024762,21676.091.78$9,735
Jan 20242570573.023.30$4,150
Dec 2023391,60371.262.61$6,964
Nov 2023532,05877.892.81$9,906
Oct 2023711,96085.443.09$12,117
Sep 2023852,01689.042.74$13,082
Aug 2023851,86780.522.67$11,834
Jul 2023621,77674.852.64$9,333
Jun 2023731,69168.962.26$8,853
May 2023601,69970.622.23$8,022
Apr 2023691,62678.122.24$9,029
Mar 2023781,67872.852.39$9,698
Feb 2023721,62575.112.47$9,415
Jan 2023682,09476.533.39$12,298
Dec 2022672,13976.415.73$17,374
Nov 2022632,13085.005.65$17,381
Oct 2022592,28487.185.86$18,536
Sep 2022682,15884.888.16$23,389
Aug 2022872,27994.529.13$29,024
Jul 20221382,415101.587.54$32,232
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 202120060.362.76$1,207
Mar 2021592161.302.72$3,674
Feb 2021401557.805.55$2,395
Jan 2021272650.412.81$1,434
Dec 2020614044.642.68$2,830
Nov 2020938338.772.71$3,830
Oct 2020508536.972.48$2,059
Sep 202008137.091.99$161
Aug 202007739.982.39$184
Jul 20200038.371.83$0
Jun 202002234.901.69$37
May 20202016.921.81$34
Apr 202010214.751.80$151
Mar 202013530.341.86$404
Feb 20206249.881.98$303
Jan 2020217957.252.09$489
Dec 2019416259.012.30$609
Nov 20191720055.302.75$1,490
Oct 20195424653.472.42$3,482
Sep 20192322455.052.66$1,861
Aug 20191622053.112.30$1,357
Jul 20192022556.272.46$1,679
Jun 20192022352.782.49$1,611
May 2019524658.482.74$967
Apr 2019716162.632.75$881
Mar 20197256.803.06$404
Feb 201911550.852.79$93
Jan 201954046.033.23$359
Dec 2018915446.594.19$1,064
Nov 20181422052.934.24$1,673
Oct 20181220661.443.40$1,437
Sep 20182412659.543.11$1,821
Aug 20181813159.403.07$1,471
Jul 20184623265.142.93$3,677
Jun 201810446160.183.08$7,677
May 20180065.382.90$0
Apr 201822163.842.90$189
Mar 20185039561.222.79$4,162
Feb 2018243,75961.782.77$11,881
Jan 2018331,50162.874.01$8,093
Dec 2017524857.272.92$3,118
Nov 20176611155.423.12$4,004
Oct 201762149.292.98$358
Sep 2017122547.523.09$647
Aug 2017524345.373.00$2,488
Jul 20171955,13043.873.09$24,392
Jun 20172375,02842.493.09$25,593
May 20171644,24945.373.26$21,307
Apr 20171774,75047.933.21$23,739
Mar 20172176,48546.772.98$29,498
Feb 20172066,45750.452.95$29,458
Jan 20172537,21349.413.42$37,161
Dec 20162887,17748.763.72$40,762
Nov 20162617,57642.492.64$31,123
Oct 20162486,09546.193.09$30,290
Sep 20162255,48241.553.10$26,346
Aug 20161965,24841.442.92$23,469
Jul 20162453,35841.622.92$20,017
Jun 20162814,31845.352.69$24,341
May 20163535,95542.521.99$26,866
Apr 20162255,24536.561.99$18,669
Mar 20161783,27733.011.79$11,755
Feb 20162385,16826.472.06$16,965
Jan 201628812,53827.352.36$37,521
Dec 201533011,01032.362.00$32,714
Nov 201536714,52938.792.17$45,725
Oct 201530214,59443.552.43$48,566
Sep 201519615,14742.992.76$50,208
Aug 201533316,93740.162.87$62,025
Jul 201530720,15348.152.95$74,134
Jun 201542616,56856.152.88$71,683
May 201536419,76455.212.96$78,508
Apr 201545218,10949.822.71$71,532
Mar 201537314,35642.892.93$58,129
Feb 201528210,16944.662.98$42,859
Jan 201549415,67643.433.10$70,060
Dec 201455417,68554.693.59$93,811
Nov 201452619,27570.464.25$119,016
Oct 201453422,01678.303.90$127,696
Sep 201465923,13386.164.05$150,363
Aug 201475726,03689.394.04$172,727
Jul 201494423,91696.564.18$191,112
Jun 201484321,07998.164.74$182,598
May 20141,16030,55694.734.73$254,312
Apr 201492726,63595.944.81$217,027
Mar 20141,48535,41095.895.06$321,458
Feb 20141,11023,14297.406.19$251,409
Jan 201481514,26790.404.86$143,024
Dec 20131,36631,33491.824.35$261,869
Nov 20131,55933,66088.853.74$264,348
Oct 20131,38527,90297.423.78$240,378
Sep 20131,95727,836104.113.72$307,230
Aug 20132,57432,010104.253.52$381,098
Jul 20134,09837,443102.523.72$559,330
Jun 20132,55342,86494.403.93$409,605
May 20133,27351,96194.834.15$525,969
Apr 20132,83859,40193.964.28$521,049
Mar 20132,23342,63393.623.91$375,871
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
Sep 20120094.672.92$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           370 bbl  × $106.41 =    $39,372
Gas                  111 Mcf  × $  3.05 =       $338

────────────────────────────────────────────────────
Month total                                  $39,710

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/269987 is the state's own key, not one this site invented.