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 271419District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$6.7 M
Oct 2012 – May 2026
Value, last 12 filed months
$2 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
CondensateDisposition40,983 bbl$3,532,986
GasProduction849,874 Mcf$3,148,537
Total$6,681,523

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 2026045106.413.05$137
Apr 20260098.932.87$0
Mar 202602689.753.15$82
Feb 20260663.503.75$23
Jan 202601059.138.00$80
Dec 202505156.664.41$225
Nov 202507158.593.93$279
Oct 202507359.383.30$241
Sep 202507162.743.08$218
Aug 202506563.933.01$196
Jul 202508066.743.32$265
Jun 202506666.483.13$207
May 202504460.553.23$142
Apr 202503762.363.54$131
Mar 2025011567.704.27$491
Feb 202503970.884.34$169
Jan 202502074.324.28$86
Dec 20240668.993.12$19
Nov 202404169.052.20$90
Oct 2024023871.372.28$543
Sep 20240069.612.36$0
Aug 202401075.632.06$21
Jul 2024033679.932.15$721
Jun 20240078.082.63$0
May 20240578.812.20$11
Apr 202405684.451.66$93
Mar 20240980.301.55$14
Feb 202405076.091.78$89
Jan 20240273.023.30$7
Dec 202309771.262.61$253
Nov 2023024277.892.81$679
Oct 20230085.443.09$0
Sep 2023010389.042.74$282
Aug 202303180.522.67$83
Jul 2023010574.852.64$277
Jun 202305068.962.26$113
May 202302670.622.23$58
Apr 202304978.122.24$110
Mar 202308372.852.39$199
Feb 202307475.112.47$182
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 2022028685.005.65$1,615
Oct 2022040787.185.86$2,387
Sep 202213084.888.16$1,103
Aug 2022301,05494.529.13$12,456
Jul 2022381,647101.587.54$16,282
Jun 2022831,765115.097.98$23,632
May 202297709109.378.43$16,588
Apr 2022792,112104.226.84$22,674
Mar 2022791,946108.885.08$18,480
Feb 2022651,61891.054.86$13,780
Jan 2022741,86681.844.54$14,523
Dec 20211051,52671.323.90$13,439
Nov 2021771,10677.435.24$11,754
Oct 2021621,00979.795.71$10,712
Sep 2021410869.865.35$857
Aug 20212588166.024.22$5,369
Jul 20212883970.783.98$5,323
Jun 20213788069.493.38$5,546
May 2021331,16063.483.02$5,595
Apr 20214488960.362.76$5,108
Mar 20211391561.302.72$3,283
Feb 20211674057.805.55$5,030
Jan 2021332,13650.412.81$7,666
Dec 2020401,82244.642.68$6,660
Nov 2020351,51338.772.71$5,452
Oct 2020311,50336.972.48$4,871
Sep 2020281,44737.091.99$3,920
Aug 2020231,39039.982.39$4,235
Jul 2020241,23738.371.83$3,179
Jun 2020391,22634.901.69$3,433
May 2020451,30716.921.81$3,133
Apr 2020441,44414.751.80$3,255
Mar 2020341,56730.341.86$3,940
Feb 2020461,74749.881.98$5,755
Jan 2020471,74057.252.09$6,336
Dec 2019521,62259.012.30$6,806
Nov 2019531,54055.302.75$7,167
Oct 2019511,72953.472.42$6,909
Sep 2019601,50555.052.66$7,302
Aug 2019451,63053.112.30$6,146
Jul 2019431,82856.272.46$6,917
Jun 2019581,89052.782.49$7,770
May 2019722,26258.482.74$10,409
Apr 20191151,32562.632.75$10,847
Mar 20191061,89756.803.06$11,830
Feb 2019542,21750.852.79$8,936
Jan 2019592,49546.033.23$10,770
Dec 2018572,51746.594.19$13,190
Nov 2018512,18052.934.24$11,937
Oct 2018452,41861.443.40$10,981
Sep 2018412,19459.543.11$9,260
Aug 2018451,88859.403.07$8,463
Jul 2018261,30665.142.93$5,523
Jun 2018241,55160.183.08$6,217
May 2018231,57565.382.90$6,073
Apr 2018151,81463.842.90$6,220
Mar 2018451,07561.222.79$5,751
Feb 20182611,33861.782.77$19,826
Jan 2018952,15962.874.01$14,629
Dec 20172589057.272.92$4,032
Nov 2017221,62855.423.12$6,296
Oct 2017291,12249.292.98$4,777
Sep 2017511,19747.523.09$6,119
Aug 2017472,06945.373.00$8,348
Jul 2017601,77743.873.09$8,118
Jun 20171501,74142.493.09$11,748
May 2017981,79545.373.26$10,304
Apr 20171111,06047.933.21$8,725
Mar 2017261,50846.772.98$5,715
Feb 2017231,49450.452.95$5,572
Jan 2017592,06349.413.42$9,968
Dec 20161052,66248.763.72$15,030
Nov 2016461,60242.492.64$6,191
Oct 2016182,21746.193.09$7,683
Sep 2016722,75041.553.10$11,518
Aug 2016861,18741.442.92$7,035
Jul 2016472,40541.622.92$8,989
Jun 20161051,96945.352.69$10,050
May 20161272,14942.521.99$9,679
Apr 20161462,59336.561.99$10,501
Mar 20162471,88333.011.79$11,532
Feb 201611493726.472.06$4,951
Jan 2016952,42927.352.36$8,341
Dec 201514049132.362.00$5,513
Nov 20151082,16038.792.17$8,871
Oct 20151844,61643.552.43$19,214
Sep 20151433,44242.992.76$15,642
Aug 20152792,97740.162.87$19,756
Jul 20152228,58348.152.95$35,967
Jun 20152567,93456.152.88$37,247
May 20152317,54755.212.96$35,058
Apr 20152615,48649.822.71$27,851
Mar 20151153,52842.892.93$15,286
Feb 20152133,00444.662.98$18,453
Jan 20151213,11043.433.10$14,898
Dec 20141344,90854.693.59$24,955
Nov 2014242,43570.464.25$12,044
Oct 2014462578.303.90$3,699
Sep 201436812,19386.164.05$81,033
Aug 201453316,01489.394.04$112,263
Jul 201454117,24596.564.18$124,316
Jun 201437710,74198.164.74$87,885
May 201470316,36294.734.73$143,931
Apr 201471313,56395.944.81$133,631
Mar 201436395.895.06$606
Feb 20146469,63197.406.19$122,556
Jan 20141,25015,73590.404.86$189,483
Dec 201312170091.824.35$14,158
Nov 20131,20214,72288.853.74$161,833
Oct 20131,11028,63797.423.78$216,366
Sep 20131,33929,356104.113.72$248,541
Aug 20131,88232,571104.253.52$310,933
Jul 20132,21236,177102.523.72$361,271
Jun 20131,71336,95994.403.93$307,082
May 20132,05245,31794.834.15$382,615
Apr 20131,46935,19893.964.28$288,766
Mar 20132,53448,49493.623.91$426,984
Feb 20132,21847,25691.233.42$363,959
Jan 20133,43552,45191.603.42$494,024
Dec 20122,85657,27486.773.42$443,701
Nov 20123,50460,41086.953.62$523,657
Oct 201284919,50389.383.40$142,188

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             0 bbl  × $106.41 =         $0
Gas                   45 Mcf  × $  3.05 =       $137

────────────────────────────────────────────────────
Month total                                     $137

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/271419 is the state's own key, not one this site invented.