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 270271District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$10.7 M
Nov 2012 – May 2026
Value, last 12 filed months
$207 k
at the published price for each month
Months reported
163
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
CondensateDisposition73,806 bbl$5,632,787
GasProduction1,380,569 Mcf$5,036,568
Total$10,669,355

Every month this lease reported (163)

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

163 months

May 20267741,220106.413.05$86,077
Apr 20265392198.932.87$7,886
Mar 2026582,02989.753.15$11,596
Feb 2026601,88763.503.75$10,887
Jan 2026742,02859.138.00$20,595
Dec 2025681,82656.664.41$11,912
Nov 2025571,98258.593.93$11,122
Oct 2025621,92059.383.30$10,027
Sep 2025521,89262.743.08$9,084
Aug 2025752,10363.933.01$11,135
Jul 2025411,47766.743.32$7,633
Jun 2025452,02066.483.13$9,312
May 2025712,21560.553.23$11,459
Apr 2025862,03662.363.54$12,577
Mar 20251122,06667.704.27$16,401
Feb 20251011,89670.884.34$15,389
Jan 20251172,02774.324.28$17,368
Dec 2024761,52968.993.12$10,016
Nov 2024421,68169.052.20$6,596
Oct 2024722,02871.372.28$9,765
Sep 2024642,05969.612.36$9,323
Aug 2024672,00475.632.06$9,203
Jul 2024782,27179.932.15$11,109
Jun 2024802,17578.082.63$11,975
May 2024882,34578.812.20$12,091
Apr 2024852,29484.451.66$10,984
Mar 20241022,35480.301.55$11,828
Feb 2024952,29576.091.78$11,322
Jan 2024832,37973.023.30$13,906
Dec 2023641,59371.262.61$8,720
Nov 2023782,06377.892.81$11,867
Oct 2023942,22485.443.09$14,897
Sep 2023962,18889.042.74$14,532
Aug 20231282,29980.522.67$16,452
Jul 20231512,01974.852.64$16,636
Jun 20231401,92568.962.26$14,002
May 2023922,11370.622.23$11,204
Apr 2023312,41078.122.24$7,815
Mar 20231192,26672.852.39$14,092
Feb 20231611,99075.112.47$16,999
Jan 20231352,16276.533.39$17,656
Dec 2022271,60176.415.73$11,235
Nov 2022872,78685.005.65$23,125
Oct 2022552,20687.185.86$17,730
Sep 2022962,45584.888.16$28,190
Aug 20221162,74394.529.13$36,000
Jul 20221142,856101.587.54$33,120
Jun 20221152,633115.097.98$34,239
May 20221242,974109.378.43$38,642
Apr 20221042,800104.226.84$29,984
Mar 20221243,008108.885.08$28,771
Feb 20221032,63791.054.86$22,191
Jan 20221022,90781.844.54$21,539
Dec 20211073,01771.323.90$19,395
Nov 20211112,82577.435.24$23,389
Oct 2021952,76079.795.71$23,350
Sep 20211123,00869.865.35$23,920
Aug 20211313,17866.024.22$22,062
Jul 20211263,24770.783.98$21,848
Jun 20211303,16369.493.38$19,727
May 20211283,31263.483.02$18,120
Apr 20211493,21260.362.76$17,854
Mar 20211343,24561.302.72$17,031
Feb 20211202,83057.805.55$22,637
Jan 20211572,35250.412.81$14,524
Dec 20201402,17144.642.68$12,058
Nov 20201231,94238.772.71$10,025
Oct 20201052,40636.972.48$9,845
Sep 2020872,51537.091.99$8,234
Aug 2020913,37439.982.39$11,686
Jul 20201003,75838.371.83$10,696
Jun 20201362,92434.901.69$9,689
May 2020872,62316.921.81$6,232
Apr 20201222,54414.751.80$6,390
Mar 20201822,44030.341.86$10,051
Feb 20201702,17949.881.98$12,795
Jan 20201372,23857.252.09$12,531
Dec 20191882,26659.012.30$16,316
Nov 20192212,24355.302.75$18,391
Oct 20191242,56353.472.42$12,829
Sep 20191662,51455.052.66$15,819
Aug 2019493,00153.112.30$9,518
Jul 2019542,92256.272.46$10,227
Jun 2019924,16452.782.49$15,229
May 20191655,30458.482.74$24,184
Apr 20191845,06962.632.75$25,467
Mar 20192155,60256.803.06$29,366
Feb 20191795,08050.852.79$23,287
Jan 20192136,25246.033.23$29,987
Dec 20181446,65946.594.19$34,580
Nov 20181646,25652.934.24$35,189
Oct 20182176,44361.443.40$35,226
Sep 20182106,69859.543.11$33,321
Aug 20184057,26259.403.07$46,326
Jul 20182325,49065.142.93$31,209
Jun 20182546,02560.183.08$33,824
May 20184467,13865.382.90$49,865
Apr 20184666,67963.842.90$49,124
Mar 20186684,97161.222.79$54,748
Feb 20186275,33861.782.77$53,502
Jan 20185455,73362.874.01$57,250
Dec 20173805,99757.272.92$39,283
Nov 20173925,72955.423.12$39,590
Oct 20173734,69149.292.98$32,382
Sep 20176215,19347.523.09$45,542
Aug 20177375,83945.373.00$50,980
Jul 20177297,11443.873.09$53,944
Jun 20175786,55042.493.09$44,781
May 20174497,10145.373.26$43,545
Apr 20175146,95347.933.21$46,966
Mar 20174547,86646.772.98$44,703
Feb 20173516,34550.452.95$36,442
Jan 20173677,50549.413.42$43,792
Dec 20163447,37148.763.72$44,214
Nov 20162817,00942.492.64$30,474
Oct 20163427,56746.193.09$39,181
Sep 20163756,41941.553.10$35,484
Aug 20162907,23141.442.92$33,164
Jul 20163014,29341.622.92$25,082
Jun 20163584,34845.352.69$27,913
May 20166237,60342.521.99$41,628
Apr 20164695,98636.561.99$29,065
Mar 20162843,56233.011.79$15,765
Feb 20164127,50526.472.06$26,393
Jan 20164789,28327.352.36$35,022
Dec 20154498,19832.362.00$30,937
Nov 20154097,97938.792.17$33,158
Oct 20153928,03543.552.43$36,569
Sep 20155936,62542.992.76$43,768
Aug 201579511,96440.162.87$66,294
Jul 20151,08328,11348.152.95$134,941
Jun 201581844,71256.152.88$174,829
May 201572017,25655.212.96$90,750
Apr 201579417,35849.822.71$86,538
Mar 201576614,01042.892.93$73,969
Feb 201571515,03544.662.98$76,679
Jan 201583715,84643.433.10$85,483
Dec 201479516,88054.693.59$104,101
Nov 201474216,82670.464.25$123,823
Oct 20144589,67978.303.90$73,619
Sep 201447018,37586.164.05$114,830
Aug 201473419,04289.394.04$142,449
Jul 201469817,22596.564.18$139,392
Jun 201464813,09398.164.74$125,628
May 20141,00722,45194.734.73$201,509
Apr 201468117,69595.944.81$150,433
Mar 20142459895.895.06$5,325
Feb 20141,01420,82397.406.19$227,700
Jan 20142,10836,99290.404.86$370,371
Dec 20132,29739,48391.824.35$382,838
Nov 20132,18443,14488.853.74$355,333
Oct 20131,99941,81797.423.78$352,784
Sep 20132,68235,596104.113.72$411,560
Aug 20133,04045,078104.253.52$475,712
Jul 20133,45552,081102.523.72$547,830
Jun 20133,41058,17194.403.93$550,714
May 20134,46571,04694.834.15$718,191
Apr 20134,17677,81593.964.28$725,627
Mar 20133,34453,71693.623.91$523,249
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$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           774 bbl  × $106.41 =    $82,361
Gas                1,220 Mcf  × $  3.05 =     $3,716

────────────────────────────────────────────────────
Month total                                  $86,077

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/270271 is the state's own key, not one this site invented.