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 270573District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$11.4 M
Dec 2012 – May 2026
Value, last 12 filed months
$322 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
CondensateDisposition93,192 bbl$6,336,107
GasProduction1,473,120 Mcf$5,109,526
Total$11,445,633

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 20262104,611106.413.05$36,390
Apr 20262174,04198.932.87$33,064
Mar 20262144,73489.753.15$34,116
Feb 20261914,21663.503.75$27,940
Jan 20261713,53559.138.00$38,384
Dec 20251142,58456.664.41$17,863
Nov 20251142,98658.593.93$18,404
Oct 20251273,98559.383.30$20,711
Sep 20251314,42862.743.08$21,844
Aug 20251755,56363.933.01$27,959
Jul 20251124,81566.743.32$23,438
Jun 20251234,28866.483.13$21,593
May 20251593,89960.553.23$22,230
Apr 20251734,22262.363.54$25,747
Mar 20252134,65467.704.27$34,285
Feb 20251874,01970.884.34$30,700
Jan 20251953,46774.324.28$29,327
Dec 20242201,08268.993.12$18,555
Nov 202415278569.052.20$12,221
Oct 20241661,68771.372.28$15,696
Sep 20241433,14469.612.36$17,388
Aug 20241605,70275.632.06$23,868
Jul 20241586,02979.932.15$25,571
Jun 20241695,40578.082.63$27,432
May 20242025,11078.812.20$27,154
Apr 20242014,62484.451.66$24,647
Mar 20242334,87380.301.55$26,239
Feb 20242614,91976.091.78$28,633
Jan 20242514,96573.023.30$34,701
Dec 20232806,09671.262.61$35,868
Nov 2023593,71777.892.81$15,031
Oct 2023664,83185.443.09$20,554
Sep 20231655,56989.042.74$29,923
Aug 20232185,28580.522.67$31,680
Jul 20231865,16474.852.64$27,564
Jun 20232225,13168.962.26$26,897
May 20232085,35470.622.23$26,614
Apr 20232555,52778.122.24$32,289
Mar 20233236,25272.852.39$38,493
Feb 20232765,43775.112.47$34,136
Jan 20232394,92976.533.39$34,989
Dec 20221895,62476.415.73$46,662
Nov 20222365,46685.005.65$50,922
Oct 20222115,84387.185.86$52,657
Sep 20222575,84284.888.16$69,506
Aug 20223036,78294.529.13$90,540
Jul 20222845,703101.587.54$71,861
Jun 20223045,692115.097.98$80,394
May 20222684,595109.378.43$68,061
Apr 20222563,588104.226.84$51,214
Mar 20223111,718108.885.08$42,583
Feb 20222314,19591.054.86$41,415
Jan 20222285,06281.844.54$41,629
Dec 20212305,25471.323.90$36,890
Nov 20212425,46677.435.24$47,363
Oct 20212256,08279.795.71$52,705
Sep 20212457,03569.865.35$54,759
Aug 20212622,73566.024.22$28,841
Jul 20211654,64470.783.98$30,171
Jun 20212004,45869.493.38$28,969
May 20212645,77763.483.02$34,192
Apr 20213025,73360.362.76$34,043
Mar 20212736,33061.302.72$33,933
Feb 20212164,67157.805.55$38,399
Jan 20212725,10450.412.81$28,055
Dec 20202845,64344.642.68$27,775
Nov 20202825,36938.772.71$25,465
Oct 20202475,76636.972.48$23,422
Sep 20202155,56637.091.99$19,056
Aug 20202205,85039.982.39$22,748
Jul 20202575,72438.371.83$20,308
Jun 20203375,61434.901.69$21,251
May 20202676,10916.921.81$15,604
Apr 20203516,18214.751.80$16,332
Mar 20203806,52830.341.86$23,647
Feb 20203706,26249.881.98$30,859
Jan 20203886,79257.252.09$36,440
Dec 20193856,75559.012.30$38,285
Nov 20194486,61055.302.75$42,957
Oct 20193267,18253.472.42$34,801
Sep 20193167,07255.052.66$36,188
Aug 20193327,51153.112.30$34,941
Jul 20193937,56256.272.46$40,717
Jun 20196517,67852.782.49$53,487
May 20195407,30458.482.74$51,595
Apr 20196887,26662.632.75$63,076
Mar 20195607,41356.803.06$54,507
Feb 20193776,67150.852.79$37,797
Jan 20194447,09946.033.23$43,354
Dec 20184117,73846.594.19$51,535
Nov 20184327,66152.934.24$55,327
Oct 20187288,23861.443.40$72,722
Sep 20186868,28859.543.11$66,604
Aug 20181,0608,82359.403.07$90,020
Jul 20181,0618,87965.142.93$95,146
Jun 20189578,87160.183.08$84,888
May 20188459,21765.382.90$81,983
Apr 201867310,85363.842.90$74,447
Mar 201878610,58461.222.79$77,615
Feb 20185898,17861.782.77$59,010
Jan 20181,12313,99462.874.01$126,709
Dec 201789414,70657.272.92$94,163
Nov 201775714,49455.423.12$87,150
Oct 201772115,11649.292.98$80,639
Sep 201774913,04847.523.09$75,875
Aug 201755910,38645.373.00$56,566
Jul 201764410,52543.873.09$60,746
Jun 201776710,28642.493.09$64,346
May 201789310,61045.373.26$75,140
Apr 20171,40310,63247.933.21$101,392
Mar 20171,13010,82646.772.98$85,151
Feb 20176639,83250.452.95$62,478
Jan 201766610,78949.413.42$69,792
Dec 201673411,30448.763.72$77,873
Nov 201666111,26942.492.64$57,885
Oct 201670212,09046.193.09$69,787
Sep 201665511,81741.553.10$63,855
Aug 201670412,46341.442.92$65,620
Jul 201671412,91641.622.92$67,487
Jun 201673212,49745.352.69$66,761
May 201674913,37342.521.99$58,474
Apr 201676313,35536.561.99$54,486
Mar 201672713,30633.011.79$47,869
Feb 201672412,54326.472.06$45,048
Jan 201688913,91927.352.36$57,224
Dec 20151,00314,79032.362.00$62,058
Nov 20151,03014,95738.792.17$72,370
Oct 201588715,93943.552.43$77,306
Sep 201543315,89642.992.76$62,463
Aug 201548217,15240.162.87$68,626
Jul 201557418,07548.152.95$80,870
Jun 201567018,40656.152.88$90,682
May 201580620,09355.212.96$103,883
Apr 201585620,23549.822.71$97,413
Mar 201562111,50642.892.93$60,401
Feb 201588916,90444.662.98$90,012
Jan 20151,13419,64543.433.10$110,162
Dec 20141,33820,40054.693.59$146,439
Nov 20141,22719,14370.464.25$167,847
Oct 20141,26623,19678.303.90$189,614
Sep 201480710,58186.164.05$112,336
Aug 20141,57726,51889.394.04$247,971
Jul 20141,60227,77696.564.18$270,782
Jun 20141,72828,96398.164.74$306,815
May 20142,43632,28494.734.73$383,355
Apr 20141,80027,14895.944.81$303,250
Mar 20142,20425,85395.895.06$342,075
Feb 20142,56924,77597.406.19$403,627
Jan 20143,20428,84290.404.86$429,834
Dec 20132,63530,55791.824.35$375,006
Nov 20133,02531,90288.853.74$388,030
Oct 20133,28336,22697.423.78$456,741
Sep 20132,4849,341104.113.72$293,337
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
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           210 bbl  × $106.41 =    $22,346
Gas                4,611 Mcf  × $  3.05 =    $14,044

────────────────────────────────────────────────────
Month total                                  $36,390

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/270573 is the state's own key, not one this site invented.