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 270590District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$9.0 M
Oct 2012 – May 2026
Value, last 12 filed months
$176 k
at the published price for each month
Months reported
164
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
CondensateDisposition53,459 bbl$4,265,509
GasProduction1,298,012 Mcf$4,709,331
Total$8,974,840

Every month this lease reported (164)

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

164 months

May 202629585106.413.05$31,650
Apr 20267277198.932.87$9,336
Mar 2026801,80589.753.15$12,865
Feb 2026811,72963.503.75$11,628
Jan 20261091,94659.138.00$22,009
Dec 2025932,10456.664.41$14,555
Nov 2025902,06658.593.93$13,385
Oct 2025852,15359.383.30$12,163
Sep 2025772,11362.743.08$11,333
Aug 20251112,13563.933.01$13,533
Jul 2025702,22766.743.32$12,055
Jun 2025752,17566.483.13$11,791
May 2025922,33260.553.23$13,108
Apr 2025982,19762.363.54$13,896
Mar 20251002,12167.704.27$15,823
Feb 20251002,00870.884.34$15,804
Jan 2025912,07674.324.28$15,646
Dec 20241011,91468.993.12$12,942
Nov 2024752,02169.052.20$9,622
Oct 2024962,35071.372.28$12,213
Sep 2024812,37369.612.36$11,249
Aug 2024942,46175.632.06$12,188
Jul 2024812,42379.932.15$11,676
Jun 20241162,46278.082.63$15,542
May 20241212,50878.812.20$15,050
Apr 20241112,34584.451.66$13,265
Mar 2024812,28180.301.55$10,029
Feb 2024522,07376.091.78$7,654
Jan 20242657573.023.30$3,795
Dec 2023542,07071.262.61$9,252
Nov 2023742,89677.892.81$13,895
Oct 2023853,13585.443.09$16,941
Sep 20232223,48989.042.74$29,309
Aug 20232633,70280.522.67$31,072
Jul 20231593,70874.852.64$21,697
Jun 20231753,51568.962.26$20,007
May 2023873,54670.622.23$14,042
Apr 20231053,41778.122.24$15,849
Mar 20231983,41172.852.39$22,587
Feb 20231132,99575.112.47$15,872
Jan 20231233,11276.533.39$19,956
Dec 20221073,22876.415.73$26,669
Nov 20221143,14385.005.65$27,436
Oct 2022973,46087.185.86$28,745
Sep 20222133,49084.888.16$46,571
Aug 20222483,75594.529.13$57,713
Jul 20223583,924101.587.54$65,961
Jun 20223984,096115.097.98$78,480
May 20222914,481109.378.43$69,615
Apr 20221785,155104.226.84$53,799
Mar 20222388,754108.885.08$70,352
Feb 202293391.054.86$980
Jan 202234881.844.54$463
Dec 2021135671.323.90$1,146
Nov 202163777.435.24$658
Oct 202123279.795.71$342
Sep 2021313969.865.35$2,374
Aug 202101766.024.22$72
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 202102263.483.02$66
Apr 202131060.362.76$1,871
Mar 2021875761.302.72$5,488
Feb 2021529657.805.55$3,538
Jan 2021243050.412.81$12,250
Dec 20201131,84344.642.68$9,975
Nov 20201232,52238.772.71$11,595
Oct 2020932,55936.972.48$9,781
Sep 2020772,44037.091.99$7,714
Aug 2020823,79739.982.39$12,335
Jul 20201175,32338.371.83$14,204
Jun 20201416,31334.901.69$15,592
May 20201186,16816.921.81$13,190
Apr 20201345,05014.751.80$11,089
Mar 20201584,99130.341.86$14,058
Feb 20201544,24549.881.98$16,089
Jan 20201804,56057.252.09$19,857
Dec 20192054,55959.012.30$22,603
Nov 20191484,41555.302.75$20,329
Oct 20191603,62153.472.42$17,313
Sep 20192024,06055.052.66$21,909
Aug 20192334,45253.112.30$22,634
Jul 20192013,89356.272.46$20,887
Jun 20191724,06652.782.49$19,207
May 20191713,70258.482.74$20,145
Apr 20192453,37562.632.75$24,628
Mar 20191772,24456.803.06$16,925
Feb 20191892,30650.852.79$16,050
Jan 20191372,61446.033.23$14,745
Dec 2018852,75846.594.19$15,504
Nov 20181232,72752.934.24$18,065
Oct 20181283,34861.443.40$19,241
Sep 20181233,00559.543.11$16,663
Aug 20183244,20159.403.07$32,128
Jul 20182793,97965.142.93$29,840
Jun 20182254,00560.183.08$25,864
May 20185994,14465.382.90$51,184
Apr 20182223,29163.842.90$23,719
Mar 20182403,30661.222.79$23,906
Feb 20183532,99961.782.77$30,104
Jan 20183063,54662.874.01$33,455
Dec 20171884,41457.272.92$23,662
Nov 20172334,32655.423.12$26,403
Oct 20172214,87649.292.98$25,442
Sep 20171683,43847.523.09$18,597
Aug 20171534,22245.373.00$19,626
Jul 20171513,10843.873.09$16,220
Jun 20171756,41642.493.09$27,244
May 20171596,48545.373.26$28,377
Apr 20172176,80547.933.21$32,256
Mar 20171967,99546.772.98$33,021
Feb 20171876,86150.452.95$29,692
Jan 20172396,43949.413.42$33,823
Dec 20162857,03748.763.72$40,094
Nov 20162566,60042.492.64$28,330
Oct 20162506,49546.193.09$31,619
Sep 20162315,93341.553.10$27,994
Aug 20162426,75241.442.92$29,774
Jul 20162734,42241.622.92$24,294
Jun 20162546,44445.352.69$28,826
May 20162526,67142.521.99$23,997
Apr 20162927,16836.561.99$24,947
Mar 20163475,97533.011.79$22,174
Feb 20162535,90326.472.06$18,879
Jan 201630715,01527.352.36$43,897
Dec 201533913,03332.362.00$37,054
Nov 201526214,11838.792.17$40,761
Oct 201533418,54443.552.43$59,544
Sep 201516818,38542.992.76$57,936
Aug 201523520,26740.162.87$67,654
Jul 201520413,74948.152.95$50,315
Jun 201522611,19956.152.88$44,975
May 20152469,94055.212.96$42,959
Apr 201542313,93849.822.71$58,798
Mar 201528712,44442.892.93$48,829
Feb 201534313,42744.662.98$55,280
Jan 201539613,98043.433.10$60,545
Dec 201439715,93054.693.59$78,922
Nov 201435016,40370.464.25$94,404
Oct 201439418,49578.303.90$102,998
Sep 201461017,78186.164.05$124,490
Aug 201483517,20789.394.04$144,073
Jul 20141,07821,65296.564.18$194,588
Jun 201461415,54098.164.74$133,881
May 201492821,98594.734.73$191,823
Apr 201465323,17295.944.81$174,086
Mar 201471125,47195.895.06$196,980
Feb 201452114,21097.406.19$138,734
Jan 201459714,27590.404.86$123,356
Dec 20131,13633,28991.824.35$249,264
Nov 20131,33137,84388.853.74$259,727
Oct 20131,39436,29897.423.78$272,987
Sep 20132,06138,357104.113.72$357,172
Aug 20132,70943,767104.253.52$436,587
Jul 20133,23349,576102.523.72$515,758
Jun 20132,59554,15894.403.93$457,994
May 20133,29263,23794.834.15$574,556
Apr 20132,86571,08593.964.28$573,623
Mar 20132,29550,28293.623.91$411,605
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

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           295 bbl  × $106.41 =    $31,391
Gas                   85 Mcf  × $  3.05 =       $259

────────────────────────────────────────────────────
Month total                                  $31,650

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/270590 is the state's own key, not one this site invented.