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 271409District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$14.6 M
May 2013 – May 2026
Value, last 12 filed months
$210 k
at the published price for each month
Months reported
157
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
CondensateDisposition114,783 bbl$8,448,855
GasProduction1,738,954 Mcf$6,199,763
Total$14,648,618

Every month this lease reported (157)

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

157 months

May 2026801,537106.413.05$13,194
Apr 20261192,10998.932.87$17,825
Mar 2026761,77389.753.15$12,405
Feb 2026821,69663.503.75$11,568
Jan 20261673,00859.138.00$33,932
Dec 20251412,67756.664.41$19,804
Nov 20251783,17358.593.93$22,888
Oct 20251022,54459.383.30$14,464
Sep 2025832,15462.743.08$11,835
Aug 20251192,05963.933.01$13,815
Jul 20251163,22566.743.32$18,433
Jun 20251383,34666.483.13$19,643
May 20251693,30560.553.23$20,916
Apr 20251742,88362.363.54$21,065
Mar 20251802,66967.704.27$23,578
Feb 20251622,59270.884.34$22,734
Jan 20251913,27274.324.28$28,195
Dec 20242183,11168.993.12$24,750
Nov 20241553,35269.052.20$18,072
Oct 20241663,78571.372.28$20,483
Sep 20241562,97069.612.36$17,881
Aug 20241653,23775.632.06$19,159
Jul 20241843,46579.932.15$22,145
Jun 20241963,59178.082.63$24,762
May 20241843,40678.812.20$21,989
Apr 20241753,31884.451.66$20,284
Mar 20242343,70880.301.55$24,520
Feb 20241752,44176.091.78$17,670
Jan 20241682,70673.023.30$21,191
Dec 20231732,84271.262.61$19,748
Nov 20232224,71777.892.81$30,535
Oct 20232774,31685.443.09$36,992
Sep 20232183,38289.042.74$28,661
Aug 20232253,46880.522.67$27,387
Jul 20231793,49774.852.64$22,637
Jun 20232283,30768.962.26$23,192
May 20231221,81070.622.23$12,647
Apr 20231541,85578.122.24$16,182
Mar 20231491,67172.852.39$14,854
Feb 20231602,01875.112.47$16,993
Jan 20232322,88176.533.39$27,515
Dec 20221562,31676.415.73$25,189
Nov 20221782,62085.005.65$29,923
Oct 20221412,60487.185.86$27,562
Sep 20221872,95484.888.16$39,988
Aug 20221652,85094.529.13$41,608
Jul 20222103,842101.587.54$50,308
Jun 20222153,548115.097.98$53,047
May 20222784,666109.378.43$69,753
Apr 20222364,626104.226.84$56,227
Mar 20222555,556108.885.08$55,969
Feb 20222334,30991.054.86$42,151
Jan 20222264,93781.844.54$40,898
Dec 20212334,91571.323.90$35,782
Nov 20212434,75077.435.24$43,691
Oct 20212185,02679.795.71$46,112
Sep 20212555,00369.865.35$44,585
Aug 20213025,86666.024.22$44,696
Jul 20212785,39370.783.98$41,152
Jun 20212805,05969.493.38$36,560
May 20212695,07063.483.02$32,376
Apr 20212964,68560.362.76$30,790
Mar 20212724,60661.302.72$29,188
Feb 20212801,44057.805.55$24,173
Jan 20213615,15950.412.81$32,696
Dec 20203335,11844.642.68$28,558
Nov 20203204,99538.772.71$25,926
Oct 20202885,34636.972.48$23,897
Sep 20202465,16037.091.99$19,398
Aug 20202405,19639.982.39$21,988
Jul 20202665,19338.371.83$19,684
Jun 20203605,11334.901.69$21,207
May 20202745,50316.921.81$14,623
Apr 20203595,44214.751.80$15,115
Mar 20204206,09730.341.86$24,060
Feb 20203785,97349.881.98$30,685
Jan 20203996,49357.252.09$36,444
Dec 20194136,41859.012.30$39,161
Nov 20194656,09155.302.75$42,469
Oct 20193516,93453.472.42$35,538
Sep 20193566,70555.052.66$37,415
Aug 20193677,23053.112.30$36,152
Jul 20194107,58556.272.46$41,730
Jun 20192735,62552.782.49$28,422
May 20194267,66858.482.74$45,925
Apr 20194507,81762.632.75$49,686
Mar 20195248,28156.803.06$55,120
Feb 20195047,75950.852.79$47,293
Jan 20196038,69046.033.23$55,809
Dec 20185408,99846.594.19$62,819
Nov 20185288,68252.934.24$64,735
Oct 20186158,95561.443.40$68,215
Sep 20185058,45659.543.11$56,349
Aug 20185448,43859.403.07$58,189
Jul 20185159,90465.142.93$62,584
Jun 20185399,57760.183.08$61,905
May 20184548,75665.382.90$55,082
Apr 201802163.842.90$61
Mar 20180061.222.79$0
Feb 201821861.782.77$173
Jan 20181062.874.01$63
Dec 201711157.272.92$633
Nov 20173155.423.12$169
Oct 201714049.292.98$690
Sep 20172872,03447.523.09$19,918
Aug 201759310,06845.373.00$57,153
Jul 201759311,09843.873.09$60,278
Jun 201756111,32142.493.09$58,788
May 201763611,95345.373.26$67,863
Apr 201782412,07347.933.21$78,268
Mar 201780713,25646.772.98$77,295
Feb 201778412,33150.452.95$75,961
Jan 201794613,97849.413.42$94,530
Dec 201675912,32448.763.72$82,889
Nov 201680513,02942.492.64$68,658
Oct 201684513,65846.193.09$81,237
Sep 201678613,16041.553.10$73,463
Aug 201682013,80741.442.92$74,357
Jul 201674514,22741.622.92$72,611
Jun 201675613,84945.352.69$71,481
May 201692415,30142.521.99$69,753
Apr 201693815,10436.561.99$64,366
Mar 201698216,32233.011.79$61,698
Feb 201698615,93526.472.06$58,983
Jan 20161,19817,62127.352.36$74,428
Dec 20151,32118,71232.362.00$80,198
Nov 20151,36319,08538.792.17$94,234
Oct 20151,20920,46143.552.43$102,302
Sep 201559820,55542.992.76$82,407
Aug 201565321,45040.162.87$87,839
Jul 201570920,95848.152.95$95,861
Jun 201582820,98956.152.88$107,001
May 201596822,50455.212.96$119,953
Apr 201588520,89049.822.71$100,631
Mar 20151,12826,92642.892.93$127,400
Feb 20151,32424,50744.662.98$132,067
Jan 20151,64027,74843.433.10$157,261
Dec 20141,84328,88254.693.59$204,519
Nov 20141,57229,03870.464.25$234,228
Oct 20141,70735,64078.303.90$272,688
Sep 20141,18715,46586.164.05$164,835
Aug 20142,28638,99789.394.04$361,703
Jul 20142,34437,59196.564.18$383,452
Jun 20142,48342,44198.164.74$444,769
May 20143,40744,94694.734.73$535,185
Apr 20142,85539,88695.944.81$465,725
Mar 20143,66341,62195.895.06$561,714
Feb 20143,92838,22597.406.19$619,276
Jan 20144,29940,15690.404.86$583,817
Dec 20134,15144,12591.824.35$573,286
Nov 20134,19643,40988.853.74$535,090
Oct 20133,23134,60997.423.78$445,564
Sep 20132,27011,840104.113.72$280,348
Aug 20133,69160,257104.253.52$597,049
Jul 20134,53763,731102.523.72$702,069
Jun 20136,07465,15994.403.93$829,683
May 2013378794.834.15$3,550

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            80 bbl  × $106.41 =     $8,513
Gas                1,537 Mcf  × $  3.05 =     $4,681

────────────────────────────────────────────────────
Month total                                  $13,194

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/271409 is the state's own key, not one this site invented.