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 271410District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$16.5 M
May 2013 – May 2026
Value, last 12 filed months
$341 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
CondensateDisposition133,989 bbl$9,765,427
GasProduction1,906,964 Mcf$6,727,317
Total$16,492,744

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 20262093,756106.413.05$33,680
Apr 20262133,74998.932.87$31,831
Mar 20262043,89589.753.15$30,576
Feb 20261973,45263.503.75$25,456
Jan 20262163,66859.138.00$42,108
Dec 20252393,93956.664.41$30,926
Nov 20251923,74758.593.93$25,962
Oct 20251803,84459.383.30$23,392
Sep 20251743,71662.743.08$22,351
Aug 20252663,95763.933.01$28,935
Jul 20251533,96866.743.32$23,366
Jun 20251533,87866.483.13$22,305
May 20251953,85760.553.23$24,274
Apr 20252313,96962.363.54$28,468
Mar 20252694,15567.704.27$35,946
Feb 20252443,77370.884.34$33,673
Jan 20252884,31174.324.28$39,850
Dec 20242714,35568.993.12$32,290
Nov 20242314,28869.052.20$25,377
Oct 20242974,36071.372.28$31,144
Sep 20241874,72369.612.36$24,184
Aug 20242434,51875.632.06$27,702
Jul 20242474,58879.932.15$29,591
Jun 20241667,28178.082.63$32,139
May 20241996,10178.812.20$29,096
Apr 20242484,54384.451.66$28,481
Mar 20241684,15780.301.55$19,914
Feb 20241773,87176.091.78$20,372
Jan 20242883,81373.023.30$33,604
Dec 20233023,79271.262.61$31,420
Nov 20232773,74177.892.81$32,079
Oct 20233243,93485.443.09$39,828
Sep 20233274,50589.042.74$41,437
Aug 20233454,69080.522.67$40,315
Jul 20233104,62774.852.64$35,427
Jun 20233444,43868.962.26$33,745
May 20232924,63870.622.23$30,952
Apr 20233364,53578.122.24$36,397
Mar 20233764,75072.852.39$38,759
Feb 20233814,33075.112.47$39,293
Jan 20234384,76976.533.39$49,676
Dec 20223514,79876.415.73$54,308
Nov 20223714,69985.005.65$58,066
Oct 20222884,86087.185.86$53,606
Sep 20223334,82384.888.16$67,638
Aug 20224005,12994.529.13$84,621
Jul 20223505,024101.587.54$73,444
Jun 20223235,176115.097.98$78,464
May 20221894,771109.378.43$60,905
Apr 20221194,792104.226.84$45,168
Mar 20223704,778108.885.08$64,541
Feb 20223194,30091.054.86$49,938
Jan 20223124,90081.844.54$47,769
Dec 20212864,91971.323.90$39,577
Nov 20212794,98877.435.24$47,724
Oct 20212975,40979.795.71$54,604
Sep 20213395,36269.865.35$52,374
Aug 20214606,10466.024.22$56,132
Jul 20214536,02970.783.98$56,071
Jun 20214215,77669.493.38$48,782
May 20214326,25263.483.02$46,290
Apr 20214866,07260.362.76$46,084
Mar 20214256,28761.302.72$43,134
Feb 20213795,78957.805.55$54,023
Jan 20213746,49650.412.81$37,109
Dec 20201546,79644.642.68$25,057
Nov 20204296,55138.772.71$34,363
Oct 20204656,79936.972.48$34,042
Sep 20204116,61837.091.99$28,421
Aug 20203986,95339.982.39$32,496
Jul 20204086,79738.371.83$28,060
Jun 20204795,83834.901.69$26,585
May 20203756,42016.921.81$17,996
Apr 20205386,59314.751.80$19,832
Mar 20205897,09030.341.86$31,031
Feb 20205366,69149.881.98$39,988
Jan 20205677,22157.252.09$47,587
Dec 20195907,42459.012.30$51,923
Nov 20196827,22255.302.75$57,580
Oct 20195887,63853.472.42$49,913
Sep 20195147,49755.052.66$48,217
Aug 20195067,81553.112.30$44,882
Jul 20195317,86356.272.46$49,223
Jun 20195127,70652.782.49$46,221
May 20195578,13658.482.74$54,869
Apr 20196077,62362.632.75$58,985
Mar 20196638,50356.803.06$63,695
Feb 20196457,90850.852.79$54,879
Jan 20197447,66346.033.23$58,984
Dec 20186908,43946.594.19$67,468
Nov 20185848,42052.934.24$66,589
Oct 20187288,96261.443.40$75,182
Sep 20185158,89259.543.11$58,299
Aug 20185039,41559.403.07$58,750
Jul 20186498,86365.142.93$68,261
Jun 20186518,47260.183.08$65,245
May 20183918,07965.382.90$48,999
Apr 2018202363.842.90$1,344
Mar 20184769,73561.222.79$56,271
Feb 201863911,27061.782.77$70,652
Jan 20184618,52362.874.01$63,155
Dec 201748710,80557.272.92$59,458
Nov 201773810,21655.423.12$72,757
Oct 201784611,17649.292.98$75,045
Sep 201798511,28447.523.09$81,644
Aug 201783711,97745.373.00$73,958
Jul 201771012,29543.873.09$69,106
Jun 201763211,82842.493.09$63,370
May 201779112,54145.373.26$76,814
Apr 201779212,47247.933.21$78,016
Mar 201763812,95746.772.98$68,499
Feb 201779312,04850.452.95$75,580
Jan 201795513,33049.413.42$92,759
Dec 201686913,22248.763.72$91,596
Nov 201687113,83842.492.64$73,601
Oct 201693113,82646.193.09$85,729
Sep 201693313,29941.553.10$80,001
Aug 201694814,12641.442.92$80,594
Jul 201693214,26141.622.92$80,494
Jun 201688613,68145.352.69$76,925
May 20161,00514,96342.521.99$72,525
Apr 201681515,19636.561.99$60,052
Mar 20161,03115,53433.011.79$61,901
Feb 201687115,64726.472.06$55,345
Jan 20161,17716,57227.352.36$71,373
Dec 20151,29017,29332.362.00$76,355
Nov 20151,23617,63938.792.17$86,174
Oct 20151,17818,94643.552.43$97,276
Sep 201562018,88242.992.76$78,738
Aug 201561520,35440.162.87$83,165
Jul 201578520,98148.152.95$99,588
Jun 201590121,07056.152.88$111,333
May 20151,06522,96155.212.96$126,659
Apr 20151,10223,44649.822.71$118,360
Mar 20151,08926,20342.892.93$123,605
Feb 20151,32323,86244.662.98$130,103
Jan 20151,69627,90843.433.10$160,190
Dec 20141,93929,30354.693.59$211,282
Nov 20141,77430,74570.464.25$255,719
Oct 20141,33337,89578.303.90$252,201
Sep 20141,12514,97186.164.05$157,494
Aug 20143,20633,50389.394.04$421,773
Jul 20142,16618,62896.564.18$287,007
Jun 20141,96433,92998.164.74$353,504
May 20142,97322,07794.734.73$385,981
Apr 20142,70131,58395.944.81$411,020
Mar 20143,56546,05495.895.06$574,734
Feb 20143,80945,56397.406.19$653,123
Jan 20143,70334,73590.404.86$503,588
Dec 20133,95443,61791.824.35$552,986
Nov 20134,36348,34688.853.74$568,383
Oct 20134,59955,21897.423.78$656,723
Sep 20136,83254,810104.113.72$915,049
Aug 20133,47156,295104.253.52$560,157
Jul 20134,23059,120102.523.72$653,452
Jun 20135,35258,28794.403.93$734,495
May 2013967494.834.15$3,650

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           209 bbl  × $106.41 =    $22,240
Gas                3,756 Mcf  × $  3.05 =    $11,440

────────────────────────────────────────────────────
Month total                                  $33,680

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/271410 is the state's own key, not one this site invented.