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 271551District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$17.3 M
Sep 2012 – May 2026
Value, last 12 filed months
$37 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
CondensateDisposition127,526 bbl$10,241,892
GasProduction1,991,706 Mcf$7,037,428
Total$17,279,319

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 202600106.413.05$0
Apr 202602198.932.87$60
Mar 20260089.753.15$0
Feb 202602063.503.75$75
Jan 20260759.138.00$56
Dec 20250056.664.41$0
Nov 202501358.593.93$51
Oct 20258059.383.30$475
Sep 20252029762.743.08$12,972
Aug 202531611963.933.01$20,561
Jul 2025371966.743.32$2,532
Jun 20253766.483.13$221
May 20250060.553.23$0
Apr 20250662.363.54$21
Mar 20250767.704.27$30
Feb 20250070.884.34$0
Jan 20250774.324.28$30
Dec 20240668.993.12$19
Nov 20240069.052.20$0
Oct 20241771.372.28$87
Sep 20240669.612.36$14
Aug 202401775.632.06$35
Jul 202401679.932.15$34
Jun 202403078.082.63$79
May 202403778.812.20$81
Apr 202401684.451.66$27
Mar 202412480.301.55$117
Feb 2024409876.091.78$3,218
Jan 20242223273.023.30$2,372
Dec 2023831,20571.262.61$9,061
Nov 2023701,14277.892.81$8,659
Oct 20231071,10785.443.09$12,560
Sep 20231091,10289.042.74$12,719
Aug 20231191,13580.522.67$12,616
Jul 2023871,17974.852.64$9,627
Jun 20237794168.962.26$7,435
May 20237495970.622.23$7,362
Apr 2023751,07578.122.24$8,265
Mar 2023811,11272.852.39$8,562
Feb 2023691,03675.112.47$7,737
Jan 2023821,17676.533.39$10,259
Dec 2022731,18076.415.73$12,338
Nov 2022821,16985.005.65$13,570
Oct 2022611,21687.185.86$12,448
Sep 2022311,19584.888.16$12,387
Aug 2022211,30894.529.13$13,923
Jul 2022311,300101.587.54$12,954
Jun 2022441,270115.097.98$15,195
May 2022341,347109.378.43$15,078
Apr 202241,396104.226.84$9,962
Mar 20220915108.885.08$4,645
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20191058.482.74$58
Apr 20197262.632.75$444
Mar 20191056.803.06$57
Feb 2019261350.852.79$1,358
Jan 20198738946.033.23$5,260
Dec 20184919,66746.594.19$63,336
Nov 20183178,45052.934.24$52,583
Oct 20182292,32261.443.40$21,960
Sep 201863412,47459.543.11$76,518
Aug 201855113,19559.403.07$73,193
Jul 201850911,65665.142.93$67,330
Jun 20185978,47860.183.08$62,014
May 201866910,74365.382.90$74,903
Apr 201870310,34963.842.90$74,900
Mar 201872711,76461.222.79$77,291
Feb 201864811,15561.782.77$70,890
Jan 201893313,73662.874.01$113,730
Dec 201783614,42557.272.92$90,021
Nov 201778214,30155.423.12$87,934
Oct 201780814,88949.292.98$84,250
Sep 201793314,61347.523.09$89,451
Aug 201777215,07845.373.00$80,326
Jul 201765014,54843.873.09$73,429
Jun 201759414,21842.493.09$69,134
May 201773115,69745.373.26$84,391
Apr 201790815,81047.933.21$94,296
Mar 201777616,06346.772.98$84,220
Feb 201770014,76650.452.95$78,913
Jan 201779616,74049.413.42$96,561
Dec 201691517,37748.763.72$109,307
Nov 201683617,60742.492.64$82,081
Oct 201683118,37746.193.09$95,174
Sep 201669717,85441.553.10$84,319
Aug 201691318,31441.442.92$91,391
Jul 20161,00718,76341.622.92$96,781
Jun 201692518,28745.352.69$91,065
May 20161,13219,65742.521.99$87,271
Apr 201693019,85536.561.99$73,533
Mar 201658313,89933.011.79$44,180
Feb 201689919,18726.472.06$63,391
Jan 20161,19621,15527.352.36$82,729
Dec 20151,25421,83032.362.00$84,270
Nov 20151,11722,17938.792.17$91,398
Oct 20151,04822,97743.552.43$101,396
Sep 201551122,91042.992.76$85,163
Aug 201558124,18040.162.87$92,790
Jul 201568224,39448.152.95$104,681
Jun 201579324,49256.152.88$115,134
May 201593426,48855.212.96$129,850
Apr 201596726,89849.822.71$120,977
Mar 201598528,42442.892.93$125,663
Feb 20152346,81044.662.98$30,718
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20147086.164.05$603
Aug 2014271889.394.04$2,486
Jul 20142153,66196.564.18$36,062
Jun 20141,30618,03798.164.74$213,636
May 20142,77632,01094.734.73$414,268
Apr 20142,16335,89795.944.81$380,151
Mar 20142,81342,32095.895.06$483,742
Feb 20142,77341,56597.406.19$527,461
Jan 20143,60146,04990.404.86$549,362
Dec 20133,15348,68991.824.35$501,524
Nov 20133,29847,59888.853.74$470,962
Oct 20133,23950,94397.423.78$508,075
Sep 20134,27853,857104.113.72$645,609
Aug 20135,29157,428104.253.52$753,883
Jul 20135,01760,656102.523.72$739,846
Jun 20133,76661,49194.403.93$597,380
May 20134,53466,21894.834.15$704,703
Apr 20134,10566,42193.964.28$670,160
Mar 20132,64131,51493.623.91$370,561
Feb 20134,68670,50491.233.42$668,621
Jan 20136,17265,52391.603.42$789,438
Dec 20126,21073,16486.773.42$789,074
Nov 20126,45479,79286.953.62$850,418
Oct 20127,10388,72289.383.40$936,493
Sep 20123,46845,89794.672.92$462,261

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.

Apr 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                   21 Mcf  × $  2.87 =        $60

────────────────────────────────────────────────────
Month total                                      $60

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/271551 is the state's own key, not one this site invented.