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 270842District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$24.6 M
May 2012 – May 2026
Value, last 12 filed months
$249 k
at the published price for each month
Months reported
169
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
CondensateDisposition186,813 bbl$15,266,046
GasProduction2,684,139 Mcf$9,377,262
Total$24,643,309

Every month this lease reported (169)

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

169 months

May 20261692,252106.413.05$24,843
Apr 20261692,20898.932.87$23,056
Mar 20261612,25689.753.15$21,555
Feb 20261671,78763.503.75$17,306
Jan 20262131,88459.138.00$27,663
Dec 20251911,68856.664.41$18,272
Nov 20251883,62058.593.93$25,229
Oct 20251514,44759.383.30$23,663
Sep 20251421,25662.743.08$12,774
Aug 202516610,12863.933.01$41,146
Jul 2025526466.743.32$1,209
Jun 2025183,45566.483.13$12,006
May 2025214,26160.553.23$15,044
Apr 20251992,12562.363.54$19,939
Mar 20252587,28867.704.27$48,574
Feb 20252163,76970.884.34$31,671
Jan 20252152,81074.324.28$28,002
Dec 20242603,23768.993.12$28,041
Nov 20243953,14169.052.20$34,180
Oct 20241882,82371.372.28$19,858
Sep 20241773,31269.612.36$20,152
Aug 20241552,58675.632.06$17,059
Jul 20241342,92379.932.15$16,985
Jun 2024802,20178.082.63$12,044
May 20242143,64678.812.20$24,881
Apr 20242023,73484.451.66$23,254
Mar 20242166,72980.301.55$27,742
Feb 20242333,90676.091.78$24,696
Jan 20241643,40673.023.30$23,207
Dec 20231373,48171.262.61$18,851
Nov 20231333,21477.892.81$19,383
Oct 20231813,38685.443.09$25,918
Sep 20232133,35289.042.74$28,133
Aug 20232003,49480.522.67$25,443
Jul 20231463,47974.852.64$20,119
Jun 20231533,31768.962.26$18,042
May 20231453,42970.622.23$17,878
Apr 20231643,24078.122.24$20,062
Mar 20232053,49172.852.39$23,289
Feb 20231863,08875.112.47$21,584
Jan 20232153,37476.533.39$27,884
Dec 20221743,58576.415.73$33,834
Nov 20222023,60885.005.65$37,541
Oct 20221643,79187.185.86$36,527
Sep 20221393,71284.888.16$42,102
Aug 20221234,00094.529.13$48,135
Jul 20221404,059101.587.54$44,835
Jun 20222893,970115.097.98$64,930
May 20221994,200109.378.43$57,183
Apr 20221554,163104.226.84$44,619
Mar 20221774,197108.885.08$40,577
Feb 20221503,58191.054.86$31,057
Jan 20221443,80981.844.54$29,069
Dec 20211533,84371.323.90$25,896
Nov 20211563,76877.435.24$31,812
Oct 20211433,93379.795.71$33,883
Sep 20211763,85469.865.35$32,918
Aug 20211793,95766.024.22$28,518
Jul 20211723,93870.783.98$27,856
Jun 20211803,86869.493.38$25,584
May 20211813,98863.483.02$23,524
Apr 20212083,83460.362.76$23,131
Mar 20211843,96161.302.72$22,041
Feb 20211763,57257.805.55$29,990
Jan 20212163,98550.412.81$22,087
Dec 20201964,04144.642.68$19,561
Nov 20201933,91738.772.71$18,084
Oct 20201694,06036.972.48$16,310
Sep 20201403,97437.091.99$13,105
Aug 20201634,07939.982.39$16,246
Jul 20202064,03038.371.83$15,259
Jun 20202493,91634.901.69$15,309
May 20201624,19716.921.81$10,358
Apr 20201994,41714.751.80$10,905
Mar 20201983,76630.341.86$12,998
Feb 20202216,00649.881.98$22,919
Jan 20201876,38757.252.09$24,085
Dec 20191927,33659.012.30$28,235
Nov 20192205,49855.302.75$27,289
Oct 20191815,76553.472.42$23,621
Sep 20191905,76655.052.66$25,781
Aug 20191926,00753.112.30$24,039
Jul 20193346,11156.272.46$33,828
Jun 20193586,13652.782.49$34,181
May 20192936,36758.482.74$34,582
Apr 20192676,19562.632.75$33,763
Mar 20193196,46656.803.06$37,919
Feb 20192176,70450.852.79$29,753
Jan 20192256,44446.033.23$31,159
Dec 20181563,91446.594.19$23,650
Nov 20182566,39552.934.24$40,647
Oct 20183257,70361.443.40$46,143
Sep 20183479,55359.543.11$50,351
Aug 20182927,82359.403.07$41,335
Jul 20183267,82365.142.93$44,172
Jun 20183107,52460.183.08$41,807
May 20184137,20565.382.90$47,902
Apr 20183655,37163.842.90$38,882
Mar 20184358,24861.222.79$49,617
Feb 20184517,24061.782.77$47,889
Jan 20184097,91762.874.01$57,456
Dec 20173508,12257.272.92$43,773
Nov 20173288,09755.423.12$43,427
Oct 20173518,37049.292.98$42,274
Sep 20175258,52347.523.09$51,261
Aug 20175989,20845.373.00$54,796
Jul 20174889,47443.873.09$50,657
Jun 20177889,29242.493.09$62,169
May 20178679,88445.373.26$71,591
Apr 20179299,95247.933.21$76,489
Mar 20171,07010,66046.772.98$81,850
Feb 20179359,94150.452.95$76,523
Jan 20171,16311,01549.413.42$95,122
Dec 201669710,75948.763.72$74,040
Nov 201672910,90742.492.64$59,817
Oct 201699111,50346.193.09$81,322
Sep 201684011,07441.553.10$69,238
Aug 201686711,44741.442.92$69,403
Jul 201688911,47141.622.92$70,545
Jun 20161,16711,30345.352.69$83,281
May 20161,45012,51442.521.99$86,570
Apr 201694811,43036.561.99$57,416
Mar 201666010,51033.011.79$40,642
Feb 201665912,83726.472.06$43,935
Jan 201673112,09127.352.36$48,580
Dec 201584212,80432.362.00$52,873
Nov 201584813,83338.792.17$62,875
Oct 201581913,41843.552.43$68,227
Sep 201554513,93442.992.76$61,865
Aug 201550513,00940.162.87$57,649
Jul 201556113,81748.152.95$67,704
Jun 201554113,50856.152.88$69,319
May 201555714,00655.212.96$72,146
Apr 201555914,15749.822.71$66,166
Mar 201557515,07242.892.93$68,894
Feb 201569214,89244.662.98$75,226
Jan 201572914,00743.433.10$75,091
Dec 201464212,30754.693.59$79,310
Nov 20142677,76070.464.25$51,807
Oct 201475517,15678.303.90$126,041
Sep 20141,64436,38386.164.05$288,832
Aug 20141,93036,76889.394.04$320,886
Jul 20141,72230,47896.564.18$293,662
Jun 201423098.164.74$2,258
May 20143,01245,86594.734.73$502,110
Apr 20141,02922,25095.944.81$205,725
Mar 20142,36742,40995.895.06$441,425
Feb 20142,61741,41897.406.19$511,356
Jan 20143,06748,65790.404.86$513,765
Dec 20132,79351,54291.824.35$480,892
Nov 20132,97653,11888.853.74$462,988
Oct 20133,06257,16297.423.78$514,336
Sep 20134,04656,581104.113.72$631,583
Aug 20135,01060,191104.253.52$734,322
Jul 20134,80562,591102.523.72$725,306
Jun 20133,60662,64294.403.93$586,803
May 20134,30467,37894.834.15$687,705
Apr 20133,96569,40693.964.28$669,789
Mar 20134,24457,66893.623.91$622,971
Feb 20134,79974,76391.233.42$693,496
Jan 20135,82266,22091.603.42$759,762
Dec 20126,47387,82586.773.42$862,038
Nov 20129,31298,04486.953.62$1,165,084
Oct 201210,209108,82889.383.40$1,282,461
Sep 20129,723100,95694.672.92$1,215,106
Aug 201211,217119,30492.662.91$1,386,322
Jul 201211,444122,64685.133.02$1,344,717
Jun 20129,43758,24079.822.52$899,970
May 20123,01745,77891.612.49$390,298

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           169 bbl  × $106.41 =    $17,983
Gas                2,252 Mcf  × $  3.05 =     $6,859

────────────────────────────────────────────────────
Month total                                  $24,843

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/270842 is the state's own key, not one this site invented.