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 271411District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$14.1 M
May 2013 – May 2026
Value, last 12 filed months
$262 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
CondensateDisposition112,052 bbl$8,435,969
GasProduction1,597,186 Mcf$5,622,216
Total$14,058,185

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 20261993,861106.413.05$32,936
Apr 20261943,59598.932.87$29,509
Mar 20261753,56489.753.15$26,931
Feb 20261673,40063.503.75$23,356
Jan 20261463,21259.138.00$34,322
Dec 20251582,49256.664.41$19,950
Nov 20251262,46558.593.93$17,061
Oct 2025152,43559.383.30$8,938
Sep 2025842,52062.743.08$13,024
Aug 20251933,56663.933.01$23,089
Jul 20251032,68966.743.32$15,789
Jun 20251402,60966.483.13$17,470
May 20251332,62060.553.23$16,522
Apr 20251393,29062.363.54$20,325
Mar 20252172,72367.704.27$26,314
Feb 20251802,49070.884.34$23,567
Jan 20252122,82074.324.28$27,822
Dec 20242683,53468.993.12$29,520
Nov 20241643,75969.052.20$19,588
Oct 20241403,29871.372.28$17,516
Sep 20241743,12269.612.36$19,494
Aug 20242043,32275.632.06$22,284
Jul 20242003,43579.932.15$23,360
Jun 20242003,34478.082.63$24,424
May 20242343,70578.812.20$26,587
Apr 20242083,28184.451.66$23,009
Mar 20242193,23180.301.55$22,578
Feb 20242353,16876.091.78$23,532
Jan 20241954,49773.023.30$29,068
Dec 20232014,11071.262.61$25,053
Nov 20231673,82477.892.81$23,744
Oct 20232253,75185.443.09$30,804
Sep 20232414,90089.042.74$34,860
Aug 20232665,15080.522.67$35,184
Jul 20232545,26074.852.64$32,908
Jun 20232493,58368.962.26$25,263
May 20232263,37570.622.23$23,478
Apr 20232063,30178.122.24$23,480
Mar 20233044,01372.852.39$31,750
Feb 20232262,87675.112.47$24,066
Jan 20232602,47876.533.39$28,293
Dec 20222852,83776.415.73$38,030
Nov 20222832,73985.005.65$39,520
Oct 20222122,82987.185.86$35,071
Sep 20222492,72184.888.16$43,348
Aug 20224042,65294.529.13$62,391
Jul 20222902,968101.587.54$51,843
Jun 20223202,935115.097.98$60,242
May 20223033,007109.378.43$58,497
Apr 20221772,162104.226.84$33,230
Mar 20222512,681108.885.08$40,939
Feb 20221712,29691.054.86$26,725
Jan 20221933,07481.844.54$29,744
Dec 20212352,92871.323.90$28,177
Nov 20212302,37477.435.24$30,241
Oct 20212132,91979.795.71$33,674
Sep 20211562,88269.865.35$26,320
Aug 20212443,99666.024.22$32,974
Jul 20212744,20170.783.98$36,122
Jun 20213783,37769.493.38$37,684
May 20213053,66063.483.02$30,406
Apr 20213193,41860.362.76$28,683
Mar 20213053,40861.302.72$27,956
Feb 20212412,86957.805.55$29,847
Jan 20212203,77450.412.81$21,696
Dec 20202133,86544.642.68$19,849
Nov 20202823,78438.772.71$21,175
Oct 20202744,00436.972.48$20,053
Sep 20202233,94337.091.99$16,122
Aug 20202314,08339.982.39$18,974
Jul 20202634,29738.371.83$17,934
Jun 20203474,28534.901.69$19,353
May 20202534,64616.921.81$12,712
Apr 20203334,45314.751.80$12,947
Mar 20203794,58330.341.86$20,006
Feb 20203534,70749.881.98$26,931
Jan 20203645,02257.252.09$31,359
Dec 20193715,35259.012.30$34,226
Nov 20194415,33155.302.75$39,051
Oct 20193855,81153.472.42$34,640
Sep 20193415,70255.052.66$33,924
Aug 20193305,96853.112.30$31,279
Jul 20193596,04856.272.46$35,079
Jun 20193395,85552.782.49$32,478
May 20193915,99758.482.74$39,299
Apr 20194055,87162.632.75$41,515
Mar 20195295,93656.803.06$48,224
Feb 20194835,46550.852.79$39,820
Jan 20194755,67146.033.23$40,171
Dec 20183805,67046.594.19$41,436
Nov 20185687,45252.934.24$61,640
Oct 20185778,31061.443.40$63,689
Sep 20184417,89959.543.11$50,807
Aug 20184537,86659.403.07$51,030
Jul 20183957,56865.142.93$47,919
Jun 20183536,84760.183.08$42,311
May 20182525,31265.382.90$31,885
Apr 201818063.842.90$1,149
Mar 20184397,65961.222.79$48,220
Feb 20183024,85961.782.77$32,098
Jan 20185276,78262.874.01$60,324
Dec 20175067,87357.272.92$51,980
Nov 20175298,51355.423.12$55,864
Oct 20174988,42849.292.98$49,693
Sep 20175798,78747.523.09$54,642
Aug 20174128,73345.373.00$44,930
Jul 20174489,38043.873.09$48,612
Jun 20173988,67242.493.09$43,684
May 20174899,63745.373.26$53,635
Apr 20175898,69947.933.21$56,168
Mar 20175508,70446.772.98$51,693
Feb 20175869,11950.452.95$56,488
Jan 201772110,58749.413.42$71,819
Dec 20167749,92248.763.72$74,678
Nov 201670010,95842.492.64$58,720
Oct 201672211,02546.193.09$67,419
Sep 201671411,00741.553.10$63,795
Aug 201667510,65641.442.92$59,134
Jul 201660510,50841.622.92$55,909
Jun 201653410,09545.352.69$51,330
May 201676211,46742.521.99$55,232
Apr 201676811,91936.561.99$51,809
Mar 201671912,26833.011.79$45,743
Feb 201658712,57526.472.06$41,488
Jan 201693213,85427.352.36$58,246
Dec 20151,08414,76932.362.00$64,637
Nov 20151,15714,93438.792.17$77,247
Oct 20151,01315,91943.552.43$82,745
Sep 201551216,09642.992.76$66,410
Aug 201556617,13540.162.87$71,951
Jul 201567618,01548.152.95$85,605
Jun 201578418,26756.152.88$96,683
May 201592920,05955.212.96$110,573
Apr 20151,00421,19949.822.71$107,396
Mar 201592323,45742.892.93$108,427
Feb 20151,05221,92944.662.98$112,247
Jan 20151,57226,40043.433.10$150,129
Dec 20141,66128,45254.693.59$193,021
Nov 20141,63330,50370.464.25$244,755
Oct 20142,15228,14078.303.90$278,275
Sep 20141,48216,07986.164.05$192,736
Aug 20142,30726,02589.394.04$311,237
Jul 20141,90829,27396.564.18$306,586
Jun 20141,91630,61198.164.74$333,075
May 20142,05931,48794.734.73$343,874
Apr 20141,44519,03595.944.81$230,175
Mar 20143,08228,37595.895.06$439,020
Feb 20143,50228,30597.406.19$516,359
Jan 20142,79935,57190.404.86$425,930
Dec 20133,20439,59291.824.35$466,594
Nov 20134,11046,34688.853.74$538,428
Oct 20135,01355,30397.423.78$697,376
Sep 20137,25659,085104.113.72$975,085
Aug 20133,04058,253104.253.52$522,123
Jul 20134,22361,424102.523.72$661,300
Jun 20136,01764,84494.403.93$823,063
May 2013064094.834.15$2,655

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           199 bbl  × $106.41 =    $21,176
Gas                3,861 Mcf  × $  3.05 =    $11,760

────────────────────────────────────────────────────
Month total                                  $32,936

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/271411 is the state's own key, not one this site invented.