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 271455District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$13.9 M
Sep 2012 – May 2026
Value, last 12 filed months
$46 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
CondensateDisposition97,401 bbl$8,069,159
GasProduction1,622,232 Mcf$5,798,313
Total$13,867,472

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 20262830106.413.05$3,071
Apr 2026343698.932.87$3,467
Mar 2026426389.753.15$3,968
Feb 20264517663.503.75$3,518
Jan 20266617859.138.00$5,326
Dec 20255714656.664.41$3,874
Nov 20258035058.593.93$6,061
Oct 20256625459.383.30$4,759
Sep 20255330562.743.08$4,264
Aug 20255828663.933.01$4,570
Jul 20251226366.743.32$1,673
Jun 2025215566.483.13$1,568
May 20255253660.553.23$4,881
Apr 2025751,12562.363.54$8,663
Mar 20257685967.704.27$8,812
Feb 20254195370.884.34$7,043
Jan 2025781,24074.324.28$11,103
Dec 2024951,31468.993.12$10,656
Nov 2024781,29169.052.20$8,224
Oct 2024601,29971.372.28$7,246
Sep 2024761,27469.612.36$8,303
Aug 2024891,35975.632.06$9,536
Jul 2024841,46979.932.15$9,867
Jun 2024961,80978.082.63$12,261
May 2024731,16278.812.20$8,308
Apr 20242846484.451.66$3,134
Mar 202410080.301.55$803
Feb 20241551,25176.091.78$14,025
Jan 20244758473.023.30$5,358
Dec 2023711,40871.262.61$8,735
Nov 2023961,46977.892.81$11,602
Oct 20231071,71985.443.09$14,449
Sep 2023932,45489.042.74$14,993
Aug 20231142,03780.522.67$14,624
Jul 20231182,03274.852.64$14,200
Jun 20231031,71568.962.26$10,976
May 2023511,44470.622.23$6,818
Apr 2023451,36578.122.24$6,570
Mar 2023521,40972.852.39$7,160
Feb 2023551,28775.112.47$7,304
Jan 20231001,47476.533.39$12,647
Dec 2022981,50276.415.73$16,093
Nov 20221101,49485.005.65$17,785
Oct 2022861,66787.185.86$17,272
Sep 20221121,64284.888.16$22,911
Aug 20221071,60094.529.13$24,717
Jul 20221231,550101.587.54$24,185
Jun 20221281,755115.097.98$28,732
May 20221141,750109.378.43$27,226
Apr 20221061,790104.226.84$23,287
Mar 20221331,351108.885.08$21,339
Feb 2022881,40691.054.86$14,844
Jan 20221061,74381.844.54$16,584
Dec 20211101,79971.323.90$14,860
Nov 20211051,87377.435.24$17,939
Oct 2021772,00479.795.71$17,594
Sep 2021821,95969.865.35$16,211
Aug 20211072,00066.024.22$15,505
Jul 20211011,98870.783.98$15,065
Jun 2021641,95169.493.38$11,043
May 2021472,02963.483.02$9,106
Apr 2021691,94460.362.76$9,527
Mar 2021762,03561.302.72$10,188
Feb 20211001,93857.805.55$16,532
Jan 20211382,29650.412.81$13,409
Dec 20201222,38744.642.68$11,832
Nov 20201182,39538.772.71$11,057
Oct 20201052,53236.972.48$10,157
Sep 2020672,31737.091.99$7,098
Aug 2020682,09739.982.39$7,720
Jul 2020932,33738.371.83$7,834
Jun 20201783,40534.901.69$11,968
May 20201303,58916.921.81$8,713
Apr 20201653,56514.751.80$8,866
Mar 20201853,53730.341.86$12,178
Feb 20201613,20449.881.98$14,377
Jan 20201923,40857.252.09$18,131
Dec 20191853,48059.012.30$18,936
Nov 20191833,33155.302.75$19,282
Oct 20191243,33553.472.42$14,696
Sep 20191553,21855.052.66$17,084
Aug 20191443,30853.112.30$15,271
Jul 20191993,02056.272.46$18,627
Jun 20191561,99852.782.49$13,211
May 2019354258.482.74$2,162
Apr 20190062.632.75$0
Mar 20193056.803.06$170
Feb 20193349550.852.79$3,060
Jan 20194017,01746.033.23$41,110
Dec 20183556,76046.594.19$44,833
Nov 20183556,42552.934.24$46,014
Oct 20184086,10161.443.40$45,799
Sep 20183006,52359.543.11$38,135
Aug 20183126,82459.403.07$39,459
Jul 20182996,59365.142.93$38,807
Jun 20183296,82560.183.08$40,799
May 20183837,16765.382.90$45,831
Apr 20183017,66463.842.90$41,448
Mar 20183878,38361.222.79$47,054
Feb 20186278,09461.782.77$61,125
Jan 20186138,99362.874.01$74,595
Dec 20173949,19657.272.92$49,431
Nov 20173359,44055.423.12$48,003
Oct 20173379,59349.292.98$45,233
Sep 20173559,56247.523.09$46,390
Aug 20173209,15845.373.00$42,033
Jul 20172947,34243.873.09$35,565
Jun 20172586,09042.493.09$29,764
May 20172286,05945.373.26$30,117
Apr 20173325,40447.933.21$33,268
Mar 20172796,67046.772.98$32,950
Feb 20172616,16050.452.95$31,355
Jan 20173906,80249.413.42$42,525
Dec 20163697,06548.763.72$44,294
Nov 20163907,11042.492.64$35,372
Oct 20163237,03146.193.09$36,647
Sep 20163447,68941.553.10$38,134
Aug 20162756,89841.442.92$31,568
Jul 20162617,34941.622.92$32,354
Jun 20162506,85545.352.69$29,749
May 20163386,90242.521.99$28,114
Apr 20164758,19136.561.99$33,675
Mar 20164439,47533.011.79$31,622
Feb 20164376,98126.472.06$25,974
Jan 20164747,93027.352.36$31,713
Dec 20154578,16432.362.00$31,128
Nov 20154269,28138.792.17$36,640
Oct 20154299,58543.552.43$41,942
Sep 20152379,53042.992.76$36,476
Aug 20152338,16040.162.87$32,797
Jul 201535510,65748.152.95$48,479
Jun 201547011,49856.152.88$59,538
May 201563512,95055.212.96$73,331
Apr 201554412,00449.822.71$59,592
Mar 201541411,58442.892.93$51,752
Feb 20154489,19844.662.98$47,383
Jan 201553712,89543.433.10$63,305
Dec 20141174,24754.693.59$21,651
Nov 20140070.464.25$0
Oct 201437078.303.90$2,897
Sep 20144166,30886.164.05$61,361
Aug 201489218,69389.394.04$155,164
Jul 201477917,57196.564.18$148,660
Jun 201467214,19298.164.74$133,189
May 20141,21821,21794.734.73$215,665
Apr 20141,12418,86095.944.81$198,537
Mar 20141,54623,78195.895.06$268,502
Feb 20141,29518,99097.406.19$243,719
Jan 20141,13716,31190.404.86$182,068
Dec 20131,95140,79391.824.35$356,773
Nov 20132,31442,51488.853.74$364,528
Oct 20132,36247,25897.423.78$408,711
Sep 20133,16847,870104.113.72$507,789
Aug 20133,97651,668104.253.52$596,504
Jul 20134,66055,136102.523.72$682,725
Jun 20133,87955,74794.403.93$585,453
May 20134,73661,18594.834.15$702,976
Apr 20133,82064,35193.964.28$634,516
Mar 20133,49144,19493.623.91$499,753
Feb 20132,79047,73691.233.42$417,785
Jan 20134,29474,49391.603.42$648,090
Dec 20124,44877,06786.773.42$649,534
Nov 20126,74083,95286.953.62$890,366
Oct 20126,98492,56789.383.40$938,928
Sep 20122,17035,69494.672.92$309,603

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            28 bbl  × $106.41 =     $2,979
Gas                   30 Mcf  × $  3.05 =        $91

────────────────────────────────────────────────────
Month total                                   $3,071

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/271455 is the state's own key, not one this site invented.