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 271906District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$8.4 M
Oct 2012 – May 2026
Value, last 12 filed months
$1 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
CondensateDisposition58,000 bbl$4,790,444
GasProduction1,002,959 Mcf$3,641,258
Total$8,431,702

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 20260135106.413.05$411
Apr 202601898.932.87$52
Mar 20260089.753.15$0
Feb 202602463.503.75$90
Jan 202601059.138.00$80
Dec 20250056.664.41$0
Nov 202501158.593.93$43
Oct 202501259.383.30$40
Sep 202502162.743.08$65
Aug 20250063.933.01$0
Jul 202511266.743.32$107
Jun 202521066.483.13$164
May 20250060.553.23$0
Apr 20250762.363.54$25
Mar 20250067.704.27$0
Feb 20250670.884.34$26
Jan 20250074.324.28$0
Dec 20240768.993.12$22
Nov 20240769.052.20$15
Oct 20240071.372.28$0
Sep 202401969.612.36$45
Aug 20240075.632.06$0
Jul 20240779.932.15$15
Jun 20240078.082.63$0
May 20240678.812.20$13
Apr 20240984.451.66$15
Mar 20240680.301.55$9
Feb 20240676.091.78$11
Jan 20240773.023.30$23
Dec 20230671.262.61$16
Nov 20230977.892.81$25
Oct 20230685.443.09$19
Sep 202301989.042.74$52
Aug 2023025680.522.67$684
Jul 2023017974.852.64$473
Jun 202306068.962.26$136
May 202301870.622.23$40
Apr 202302578.122.24$56
Mar 20230672.852.39$14
Feb 202301475.112.47$35
Jan 202305376.533.39$180
Dec 20220676.415.73$34
Nov 202203885.005.65$215
Oct 202201787.185.86$100
Sep 20220884.888.16$65
Aug 202205594.529.13$502
Jul 2022011101.587.54$83
Jun 20220122115.097.98$973
May 20220128109.378.43$1,079
Apr 20220174104.226.84$1,190
Mar 20220392108.885.08$1,990
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 20203139.982.39$122
Jul 202005738.371.83$104
Jun 202043034.901.69$1,501
May 2020822316.921.81$1,429
Apr 20205014.751.80$74
Mar 2020282230.341.86$890
Feb 20203049.881.98$150
Jan 20208857.252.09$475
Dec 20191626759.012.30$1,559
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 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20193056.803.06$170
Feb 2019248850.852.79$1,466
Jan 20192911546.033.23$1,706
Dec 20181995846.594.19$9,514
Nov 20181753,70052.934.24$24,941
Oct 20181733,77161.443.40$23,443
Sep 20181653,39659.543.11$20,379
Aug 20182083,16459.403.07$22,058
Jul 20182123,02365.142.93$22,673
Jun 20181823,74060.183.08$22,460
May 20181654,29765.382.90$23,252
Apr 20181544,29963.842.90$22,302
Mar 20183293,87661.222.79$30,943
Feb 20182814,47461.782.77$29,736
Jan 20181823,23862.874.01$24,425
Dec 2017751,19057.272.92$7,772
Nov 20171064,67455.423.12$20,450
Oct 20171805,72049.292.98$25,939
Sep 20172296,23447.523.09$30,128
Aug 20171996,56745.373.00$28,759
Jul 20172356,73243.873.09$31,093
Jun 20176816,57542.493.09$49,235
May 20175506,93945.373.26$47,598
Apr 20176247,31347.933.21$53,395
Mar 20177128,85846.772.98$59,730
Feb 20175958,69150.452.95$55,679
Jan 20171762,14449.413.42$16,026
Dec 20162052,00648.763.72$17,464
Nov 20163348,17242.492.64$35,801
Oct 20163668,57646.193.09$43,408
Sep 2016931,26541.553.10$7,786
Aug 201615213041.442.92$6,679
Jul 20162531,15341.622.92$13,902
Jun 201613542945.352.69$7,274
May 20168014142.521.99$3,682
Apr 20166718336.561.99$2,814
Mar 201616646933.011.79$6,321
Feb 20164513,25626.472.06$18,657
Jan 2016572427.352.36$1,616
Dec 2015804,45232.362.00$11,499
Nov 20154689,35738.792.17$38,433
Oct 20154097,68943.552.43$36,470
Sep 2015331742.992.76$1,466
Aug 20151962,44540.162.87$14,895
Jul 201535110,41248.152.95$47,565
Jun 201575034,17156.152.88$140,623
May 201582041,45655.212.96$167,793
Apr 201587135,69349.822.71$139,999
Mar 20152391,75042.892.93$15,386
Feb 2015341,70144.662.98$6,581
Jan 20151719743.433.10$1,349
Dec 20142237454.693.59$2,546
Nov 20142247570.464.25$3,570
Oct 20141523,09778.303.90$23,983
Sep 20144869,25186.164.05$79,298
Aug 20145565,69889.394.04$72,693
Jul 20147438,04496.564.18$105,365
Jun 20141,03813,39698.164.74$165,345
May 20141,11423,96194.734.73$218,782
Apr 201489723,05995.944.81$196,952
Mar 20141,16628,19995.895.06$254,404
Feb 201491925,75497.406.19$248,979
Jan 20142595,53590.404.86$50,318
Dec 20132095591.824.35$5,995
Nov 20136999,53588.853.74$97,751
Oct 201389517,50597.423.78$153,349
Sep 20132,52117,054104.113.72$325,864
Aug 20131,85023,072104.253.52$274,136
Jul 20132,20327,544102.523.72$328,253
Jun 20131,72329,51994.403.93$278,762
May 20132,09030,67394.834.15$325,459
Apr 20131,28828,01193.964.28$240,980
Mar 20133,20156,36493.623.91$520,223
Feb 20133,00261,87691.233.42$485,483
Jan 20135,30569,79491.603.42$724,627
Dec 20124,42778,33086.773.42$652,032
Nov 20126,31383,99886.953.62$853,405
Oct 20121,42831,54689.383.40$234,881

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                  135 Mcf  × $  3.05 =       $411

────────────────────────────────────────────────────
Month total                                     $411

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/271906 is the state's own key, not one this site invented.