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 270576District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$8.2 M
Dec 2012 – May 2026
Value, last 12 filed months
$80 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
CondensateDisposition50,186 bbl$3,993,814
GasProduction1,136,480 Mcf$4,214,784
Total$8,208,599

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 202635577106.413.05$5,482
Apr 20261342898.932.87$2,514
Mar 2026411,16589.753.15$7,349
Feb 2026321,06863.503.75$6,037
Jan 2026451,52059.138.00$14,818
Dec 2025971,21156.664.41$10,841
Nov 20254977358.593.93$5,906
Oct 20254988659.383.30$5,838
Sep 2025341,06762.743.08$5,416
Aug 2025411,08363.933.01$5,886
Jul 2025241,16566.743.32$5,464
Jun 20252982066.483.13$4,493
May 2025501,33360.553.23$7,336
Apr 2025351,20062.363.54$6,434
Mar 2025371,53667.704.27$9,061
Feb 2025361,37770.884.34$8,529
Jan 2025491,33474.324.28$9,349
Dec 2024461,46468.993.12$7,743
Nov 2024361,43969.052.20$5,649
Oct 2024401,55071.372.28$6,391
Sep 2024321,52469.612.36$5,831
Aug 2024371,63875.632.06$6,179
Jul 2024291,38779.932.15$5,295
Jun 2024421,31278.082.63$6,735
May 2024441,44378.812.20$6,640
Apr 2024341,34384.451.66$5,100
Mar 2024481,54280.301.55$6,237
Feb 2024471,35376.091.78$5,989
Jan 2024541,47373.023.30$8,801
Dec 2023371,44971.262.61$6,420
Nov 2023441,72377.892.81$8,265
Oct 2023521,79785.443.09$9,991
Sep 2023511,66889.042.74$9,103
Aug 2023531,52680.522.67$8,346
Jul 2023481,75274.852.64$8,221
Jun 2023421,77068.962.26$6,894
May 2023411,33770.622.23$5,873
Apr 2023451,61678.122.24$7,132
Mar 2023641,65672.852.39$8,625
Feb 2023571,42775.112.47$7,800
Jan 2023511,68176.533.39$9,598
Dec 2022421,61776.415.73$12,473
Nov 2022421,37585.005.65$11,334
Oct 2022452,39687.185.86$17,973
Sep 2022542,37884.888.16$23,997
Aug 2022572,68194.529.13$29,858
Jul 2022612,513101.587.54$25,150
Jun 20221113,262115.097.98$38,797
May 20221153,565109.378.43$42,641
Apr 2022903,263104.226.84$31,691
Mar 20221223,337108.885.08$30,223
Feb 20221333,87691.054.86$30,943
Jan 20221314,36881.844.54$30,542
Dec 20211354,37071.323.90$26,667
Nov 20211394,28777.435.24$33,213
Oct 20211214,48179.795.71$35,258
Sep 20211334,34669.865.35$32,546
Aug 20211594,28966.024.22$28,599
Jul 20211474,39170.783.98$27,890
Jun 20211544,22769.493.38$24,991
May 20211444,36963.483.02$22,325
Apr 20211543,86860.362.76$19,965
Mar 20211343,80561.302.72$18,552
Feb 20211162,70757.805.55$21,723
Jan 20211463,08250.412.81$16,021
Dec 20201212,39244.642.68$11,801
Nov 20201172,54538.772.71$11,424
Oct 2020992,74336.972.48$10,458
Sep 2020852,77837.091.99$8,684
Aug 2020893,09539.982.39$10,940
Jul 20201083,42438.371.83$10,393
Jun 20201413,12234.901.69$10,198
May 20201113,61216.921.81$8,433
Apr 20201433,57914.751.80$8,567
Mar 20201503,52730.341.86$11,098
Feb 20201232,68549.881.98$11,453
Jan 20201232,47857.252.09$12,233
Dec 20191192,32159.012.30$12,371
Nov 20191342,34355.302.75$13,855
Oct 20191022,48953.472.42$11,474
Sep 20191092,60955.052.66$12,933
Aug 20191103,70953.112.30$14,389
Jul 2019653,64856.272.46$12,632
Jun 2019764,45752.782.49$15,115
May 20191065,18758.482.74$20,413
Apr 20191754,24762.632.75$22,642
Mar 2019964,37556.803.06$18,849
Feb 20191204,45550.852.79$18,541
Jan 20191385,13946.033.23$22,942
Dec 20181165,59646.594.19$28,826
Nov 20181075,59052.934.24$29,350
Oct 20181266,04761.443.40$28,290
Sep 20181106,23859.543.11$25,937
Aug 20181766,68259.403.07$30,945
Jul 20181965,26265.142.93$28,195
Jun 20182555,92660.183.08$33,580
May 20184415,75165.382.90$45,515
Apr 20183085,89163.842.90$36,751
Mar 20183553,34761.222.79$31,061
Feb 20184245,14561.782.77$40,426
Jan 20184685,24462.874.01$50,448
Dec 20172945,50757.272.92$32,926
Nov 20172965,64255.423.12$33,998
Oct 20172805,45549.292.98$30,077
Sep 20171785,37147.523.09$25,040
Aug 20171485,11645.373.00$22,085
Jul 20172393,62443.873.09$21,673
Jun 20173263,98342.493.09$26,148
May 20171805,04745.373.26$24,637
Apr 20171603,93847.933.21$20,316
Mar 20171484,48046.772.98$20,289
Feb 20171203,49850.452.95$16,382
Jan 20171404,09149.413.42$20,904
Dec 20161543,06048.763.72$18,901
Nov 2016983,38742.492.64$13,120
Oct 20162204,51846.193.09$24,124
Sep 20161954,66441.553.10$22,564
Aug 20162965,69641.442.92$28,923
Jul 20164428,69641.622.92$43,826
Jun 20164486,65945.352.69$38,202
May 20164656,15842.521.99$32,033
Apr 20163125,28836.561.99$21,935
Mar 20163804,48233.011.79$20,585
Feb 20164245,80926.472.06$23,211
Jan 20162825,00427.352.36$19,544
Dec 20152974,43732.362.00$18,491
Nov 20151794,85238.792.17$17,459
Oct 20153066,09643.552.43$28,119
Sep 20152647,49842.992.76$32,032
Aug 20151706,82440.162.87$26,429
Jul 20151745,14948.152.95$23,542
Jun 20152579,64656.152.88$42,239
May 20152647,42455.212.96$36,517
Apr 201523711,33349.822.71$42,481
Mar 20152348,85442.892.93$36,020
Feb 201534111,87544.662.98$50,571
Jan 201531914,99443.433.10$60,345
Dec 201434412,87354.693.59$65,045
Nov 201428911,35870.464.25$68,655
Oct 201436613,76978.303.90$82,370
Sep 201444715,91786.164.05$102,905
Aug 201457318,46889.394.04$125,741
Jul 201483522,49996.564.18$174,664
Jun 201457614,95498.164.74$127,375
May 201494924,17594.734.73$204,163
Apr 201482821,57695.944.81$183,200
Mar 201469014,56195.895.06$139,796
Feb 201442411,56597.406.19$112,908
Jan 20143537,56090.404.86$68,658
Dec 20135609,33191.824.35$92,051
Nov 201374316,06488.853.74$126,067
Oct 20131,19326,53097.423.78$216,488
Sep 20132,08235,123104.113.72$347,335
Aug 20132,93842,707104.253.52$456,727
Jul 20133,56151,618102.523.72$556,976
Jun 20132,96459,62694.403.93$514,335
May 20133,70070,51694.834.15$643,448
Apr 20133,34577,67893.964.28$646,959
Mar 20132,86253,91393.623.91$478,895
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            35 bbl  × $106.41 =     $3,724
Gas                  577 Mcf  × $  3.05 =     $1,757

────────────────────────────────────────────────────
Month total                                   $5,482

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/270576 is the state's own key, not one this site invented.