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 271451District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$14.5 M
Sep 2012 – May 2026
Value, last 12 filed months
$67 k
at the published price for each month
Months reported
165
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
CondensateDisposition101,429 bbl$8,531,837
GasProduction1,630,223 Mcf$6,010,938
Total$14,542,775

Every month this lease reported (165)

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

165 months

May 2026119169106.413.05$13,178
Apr 20269023798.932.87$9,584
Mar 20267518089.753.15$7,298
Feb 20264863.503.75$284
Jan 20264428759.138.00$4,897
Dec 20255018356.664.41$3,641
Nov 20257226258.593.93$5,247
Oct 202512331559.383.30$8,345
Sep 202501662.743.08$49
Aug 202550063.933.01$3,197
Jul 20251143766.743.32$7,731
Jun 2025535266.483.13$3,686
May 20254125760.553.23$3,313
Apr 20255450862.363.54$5,167
Mar 20254831767.704.27$4,603
Feb 20254929470.884.34$4,749
Jan 20255276074.324.28$7,116
Dec 20246687968.993.12$7,297
Nov 20245095269.052.20$5,545
Oct 2024831,06071.372.28$8,342
Sep 2024531,00769.612.36$6,070
Aug 2024621,04075.632.06$6,835
Jul 2024771,15479.932.15$8,632
Jun 2024691,35478.082.63$8,954
May 20247587478.812.20$7,832
Apr 20245761884.451.66$5,839
Mar 20249080.301.55$723
Feb 20241561,31976.091.78$14,223
Jan 20244250573.023.30$4,732
Dec 2023531,10471.262.61$6,659
Nov 2023961,63977.892.81$12,079
Oct 2023941,93985.443.09$14,018
Sep 20231051,70489.042.74$14,010
Aug 20231041,89680.522.67$13,442
Jul 2023811,90474.852.64$11,093
Jun 2023832,46968.962.26$11,300
May 2023542,51070.622.23$9,404
Apr 2023771,96978.122.24$10,421
Mar 20231061,88272.852.39$12,226
Feb 2023941,53875.112.47$10,853
Jan 2023891,58076.533.39$12,164
Dec 2022841,59376.415.73$15,545
Nov 2022881,66185.005.65$16,858
Oct 2022681,92787.185.86$17,228
Sep 2022802,03884.888.16$23,428
Aug 2022812,04894.529.13$26,349
Jul 2022942,061101.587.54$25,093
Jun 20221171,997115.097.98$29,396
May 20221102,180109.378.43$30,415
Apr 2022912,187104.226.84$24,438
Mar 20221052,247108.885.08$22,839
Feb 2022942,03191.054.86$18,427
Jan 2022802,31181.844.54$17,034
Dec 2021762,10471.323.90$13,624
Nov 2021771,98777.435.24$16,368
Oct 2021662,02279.795.71$16,820
Sep 2021761,96769.865.35$15,835
Aug 2021972,37666.024.22$16,432
Jul 2021882,45470.783.98$16,001
Jun 2021682,35469.493.38$12,683
May 2021401,98463.483.02$8,526
Apr 2021611,92260.362.76$8,984
Mar 2021722,08761.302.72$10,084
Feb 20211061,85057.805.55$16,391
Jan 20211352,16050.412.81$12,876
Dec 20201162,36544.642.68$11,506
Nov 2020922,16438.772.71$9,424
Oct 2020772,08536.972.48$8,014
Sep 2020712,11737.091.99$6,848
Aug 2020792,17339.982.39$8,341
Jul 20201112,40338.371.83$8,645
Jun 20202242,36134.901.69$11,808
May 2020902,58516.921.81$6,214
Apr 20201272,68614.751.80$6,720
Mar 20201532,54030.341.86$9,357
Feb 20201222,43249.881.98$10,902
Jan 20201312,49557.252.09$12,726
Dec 20191352,46559.012.30$13,647
Nov 20191452,35355.302.75$14,491
Oct 20191082,73553.472.42$12,389
Sep 2019972,51155.052.66$12,012
Aug 20191162,66653.112.30$12,304
Jul 20191662,70056.272.46$15,983
Jun 20191583,00852.782.49$15,833
May 20197488758.482.74$6,758
Apr 20190062.632.75$0
Mar 20193056.803.06$170
Feb 20192713450.852.79$1,747
Jan 20192053,20146.033.23$19,770
Dec 20181653,00946.594.19$20,281
Nov 20181663,17052.934.24$22,218
Oct 20181822,41861.443.40$19,399
Sep 20181432,48859.543.11$16,247
Aug 20181683,49159.403.07$20,685
Jul 20181413,21065.142.93$18,596
Jun 20181572,57960.183.08$17,384
May 20182332,75065.382.90$23,211
Apr 20181643,56963.842.90$20,823
Mar 20181414,20961.222.79$20,362
Feb 20181894,36861.782.77$23,759
Jan 20182604,75962.874.01$35,427
Dec 20171845,18257.272.92$25,677
Nov 20171385,54455.423.12$24,936
Oct 20171715,46749.292.98$24,740
Sep 20172394,70847.523.09$25,892
Aug 20172315,06145.373.00$25,686
Jul 20172434,28143.873.09$23,877
Jun 20172394,19742.493.09$23,112
May 20171754,80245.373.26$23,611
Apr 20171974,75347.933.21$24,707
Mar 20172054,76946.772.98$23,817
Feb 20171884,30950.452.95$22,207
Jan 20172214,94549.413.42$27,826
Dec 20162605,35148.763.72$32,598
Nov 20162265,53042.492.64$24,226
Oct 20162355,83946.193.09$28,899
Sep 20162345,64941.553.10$27,238
Aug 20162215,05741.442.92$23,947
Jul 20161303,50841.622.92$15,669
Jun 20161673,74745.352.69$17,637
May 20162365,15442.521.99$20,297
Apr 20162275,14036.561.99$18,533
Mar 20162404,50333.011.79$16,001
Feb 20162765,40526.472.06$18,460
Jan 20163286,74127.352.36$24,909
Dec 20153878,79432.362.00$30,124
Nov 20152946,25538.792.17$24,961
Oct 20152795,79243.552.43$26,205
Sep 20153196,72442.992.76$32,261
Aug 20157306,72440.162.87$48,631
Jul 20151,3696,73248.152.95$85,744
Jun 201598910,75656.152.88$86,540
May 201590412,26155.212.96$86,147
Apr 201565112,84049.822.71$67,185
Mar 201551211,84842.892.93$56,730
Feb 201561510,25944.662.98$57,999
Jan 201563012,04143.433.10$64,696
Dec 20143159,13054.693.59$50,016
Nov 20149070.464.25$634
Oct 20147899,00478.303.90$96,903
Sep 20148407,45886.164.05$102,545
Aug 20141,78916,06589.394.04$224,743
Jul 201494914,72296.564.18$153,168
Jun 20141,15629,90598.164.74$255,129
May 20141,64633,73194.734.73$315,357
Apr 20141,30128,90195.944.81$263,806
Mar 20141,77735,14095.895.06$348,092
Feb 20141,31322,81997.406.19$269,181
Jan 20141,08715,81390.404.86$175,127
Dec 20132,38636,54391.824.35$378,208
Nov 20132,22540,30788.853.74$348,370
Oct 20132,26746,89397.423.78$398,077
Sep 20133,21148,773104.113.72$515,623
Aug 20133,20953,486104.253.52$522,949
Jul 20133,42557,699102.523.72$565,641
Jun 20133,19559,57494.403.93$535,937
May 20134,00966,08694.834.15$654,370
Apr 20133,60170,86293.964.28$641,823
Mar 20134,64375,27993.623.91$729,235
Feb 20133,87569,22191.233.42$590,246
Jan 20136,31571,42891.603.42$822,731
Dec 20127,21579,26186.773.42$897,131
Nov 20127,05588,38186.953.62$933,810
Oct 20127,10794,45689.383.40$956,344
Sep 20122,16741,20694.672.92$325,405

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           119 bbl  × $106.41 =    $12,663
Gas                  169 Mcf  × $  3.05 =       $515

────────────────────────────────────────────────────
Month total                                  $13,178

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/271451 is the state's own key, not one this site invented.