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 270560District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$10.3 M
Dec 2012 – May 2026
Value, last 12 filed months
$81 k
at the published price for each month
Months reported
162
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
CondensateDisposition72,740 bbl$5,463,897
GasProduction1,323,338 Mcf$4,849,621
Total$10,313,517

Every month this lease reported (162)

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

162 months

May 2026273938106.413.05$31,907
Apr 20261026398.932.87$1,744
Mar 20262859989.753.15$4,400
Feb 20262965363.503.75$4,290
Jan 20262232659.138.00$3,908
Dec 20252591456.664.41$5,450
Nov 20252294758.593.93$5,007
Oct 20251092459.383.30$3,647
Sep 2025063062.743.08$1,938
Aug 2025131,26263.933.01$4,636
Jul 2025281,10266.743.32$5,522
Jun 2025761,14666.483.13$8,638
May 2025241,29160.553.23$5,626
Apr 2025301,09362.363.54$5,743
Mar 2025631,05567.704.27$8,768
Feb 2025351,19070.884.34$7,646
Jan 2025381,88974.324.28$10,907
Dec 2024491,92768.993.12$9,395
Nov 2024341,67669.052.20$6,032
Oct 2024311,55671.372.28$5,762
Sep 2024341,48569.612.36$5,878
Aug 2024561,67375.632.06$7,688
Jul 2024301,46579.932.15$5,543
Jun 2024331,44178.082.63$6,372
May 2024911,45978.812.20$10,379
Apr 2024341,38584.451.66$5,169
Mar 2024531,60080.301.55$6,728
Feb 2024451,45076.091.78$6,010
Jan 2024732,04273.023.30$12,064
Dec 2023481,50671.262.61$7,352
Nov 2023522,16877.892.81$10,137
Oct 2023752,58385.443.09$14,382
Sep 2023612,59889.042.74$12,537
Aug 2023632,66880.522.67$12,204
Jul 2023622,57574.852.64$11,443
Jun 2023432,52968.962.26$8,677
May 2023542,63470.622.23$9,680
Apr 2023542,15278.122.24$9,034
Mar 2023621,83672.852.39$8,911
Feb 2023571,77075.112.47$8,646
Jan 2023632,12476.533.39$12,017
Dec 2022612,49776.415.73$18,967
Nov 2022582,35285.005.65$18,210
Oct 2022391,84887.185.86$14,236
Sep 2022461,69584.888.16$17,742
Aug 2022421,65794.529.13$19,094
Jul 2022451,806101.587.54$18,192
Jun 2022551,851115.097.98$21,096
May 2022491,647109.378.43$19,248
Apr 2022391,412104.226.84$13,719
Mar 2022431,080108.885.08$10,164
Feb 2022421,22691.054.86$9,781
Jan 2022391,31781.844.54$9,168
Dec 2021421,71271.323.90$9,671
Nov 2021441,84177.435.24$13,048
Oct 2021381,65179.795.71$12,466
Sep 2021391,45969.865.35$10,532
Aug 2021531,50866.024.22$9,864
Jul 2021471,49870.783.98$9,292
Jun 2021561,41969.493.38$8,689
May 2021751,35263.483.02$8,841
Apr 20211651,30460.362.76$13,556
Mar 20211731,88661.302.72$15,729
Feb 2021751,95657.805.55$15,187
Jan 20211002,68450.412.81$12,584
Dec 20201002,78644.642.68$11,918
Nov 2020832,75238.772.71$10,666
Oct 2020782,68136.972.48$9,528
Sep 2020682,42137.091.99$7,342
Aug 2020622,19639.982.39$7,716
Jul 2020632,35438.371.83$6,714
Jun 20201122,35234.901.69$7,884
May 2020962,97616.921.81$7,025
Apr 20201132,60014.751.80$6,358
Mar 20201122,48430.341.86$8,009
Feb 20201002,45449.881.98$9,849
Jan 2020982,40657.252.09$10,650
Dec 2019982,87059.012.30$12,396
Nov 2019963,08055.302.75$13,781
Oct 2019483,12453.472.42$10,122
Sep 2019573,38055.052.66$12,119
Aug 20191213,74253.112.30$15,049
Jul 20191474,81756.272.46$20,122
Jun 20191494,40952.782.49$18,848
May 20191243,94858.482.74$18,070
Apr 20191793,99762.632.75$22,205
Mar 20191504,12556.803.06$21,151
Feb 20191403,76350.852.79$17,626
Jan 2019702,98446.033.23$12,855
Dec 2018512,37246.594.19$12,304
Nov 2018782,96452.934.24$16,688
Oct 20181963,90661.443.40$25,315
Sep 20181684,29759.543.11$23,358
Aug 20182244,06859.403.07$25,780
Jul 20182394,55265.142.93$28,914
Jun 20182804,34860.183.08$30,229
May 20183445,01565.382.90$37,038
Apr 20184243,22863.842.90$36,432
Mar 20184883,97061.222.79$40,939
Feb 20184523,29461.782.77$37,036
Jan 20184804,86762.874.01$49,691
Dec 20172785,37357.272.92$31,618
Nov 20172764,55155.423.12$29,488
Oct 20173583,89749.292.98$29,273
Sep 20174686,62747.523.09$42,699
Aug 20176237,95645.373.00$52,169
Jul 20179076,79843.873.09$60,777
Jun 20176526,41242.493.09$47,499
May 20174176,96945.373.26$41,662
Apr 20175309,25147.933.21$55,113
Mar 20173234,75146.772.98$29,282
Feb 20173385,21950.452.95$32,462
Jan 20172525,17049.413.42$30,127
Dec 20162488,46348.763.72$43,599
Nov 20163276,94642.492.64$32,262
Oct 20165487,12946.193.09$47,343
Sep 20169288,69241.553.10$65,509
Aug 20166308,49741.442.92$50,955
Jul 20161,16510,16341.622.92$78,207
Jun 20161,09010,25145.352.69$76,964
May 20164596,13742.521.99$31,736
Apr 20164276,94436.561.99$29,437
Mar 201679810,23333.011.79$44,700
Feb 20166456,39826.472.06$30,276
Jan 20164126,71227.352.36$27,138
Dec 20156479,87132.362.00$40,693
Nov 20155629,43038.792.17$42,238
Oct 20155699,75443.552.43$48,449
Sep 20153968,92342.992.76$41,637
Aug 20157209,81140.162.87$57,097
Jul 20151,28515,74348.152.95$108,237
Jun 201566911,17456.152.88$69,777
May 201584711,02055.212.96$79,332
Apr 201584917,73549.822.71$90,298
Mar 201585014,02642.892.93$77,619
Feb 201569911,83344.662.98$66,435
Jan 201564414,19843.433.10$71,992
Dec 201464816,57654.693.59$94,970
Nov 201460717,47170.464.25$117,053
Oct 20141,37225,06678.303.90$205,209
Sep 20141,61420,30086.164.05$221,185
Aug 20142,49622,87989.394.04$315,437
Jul 20141,70525,25996.564.18$270,207
Jun 201491917,01298.164.74$170,793
May 20141,15325,72094.734.73$230,791
Apr 201495820,23395.944.81$189,213
Mar 20142997,56195.895.06$66,906
Feb 20141,21219,68997.406.19$239,963
Jan 20141,96439,64990.404.86$370,268
Dec 20131,52138,19591.824.35$305,978
Nov 20131,63041,56788.853.74$300,215
Oct 20131,86747,21897.423.78$360,337
Sep 20132,34941,087104.113.72$397,305
Aug 20132,89945,357104.253.52$461,996
Jul 20133,63253,076102.523.72$569,675
Jun 20132,88759,64394.403.93$507,133
May 20133,90571,25194.834.15$665,937
Apr 20133,42976,68793.964.28$650,608
Mar 20132,50254,02193.623.91$445,614
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$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           273 bbl  × $106.41 =    $29,050
Gas                  938 Mcf  × $  3.05 =     $2,857

────────────────────────────────────────────────────
Month total                                  $31,907

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/270560 is the state's own key, not one this site invented.