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 271960District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$11.2 M
Oct 2012 – May 2026
Value, last 12 filed months
$114 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
CondensateDisposition70,066 bbl$5,545,375
GasProduction1,546,353 Mcf$5,677,933
Total$11,223,307

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 202645899106.413.05$7,527
Apr 20263166598.932.87$4,975
Mar 2026611,78189.753.15$11,084
Feb 2026611,56163.503.75$9,728
Jan 2026701,70859.138.00$17,800
Dec 2025621,63056.664.41$10,707
Nov 2025591,63158.593.93$9,861
Oct 2025691,19459.383.30$8,043
Sep 2025531,26262.743.08$7,208
Aug 2025701,34063.933.01$8,515
Jul 2025641,66566.743.32$9,791
Jun 2025581,60066.483.13$8,862
May 2025861,70760.553.23$10,725
Apr 2025671,05962.363.54$7,930
Mar 20259066767.704.27$8,940
Feb 20258269970.884.34$8,846
Jan 2025651,25474.324.28$10,196
Dec 20241041,76568.993.12$12,684
Nov 2024711,06869.052.20$7,250
Oct 20247493771.372.28$7,419
Sep 20246778869.612.36$6,527
Aug 20248173275.632.06$7,637
Jul 2024701,02479.932.15$7,793
Jun 20246845378.082.63$6,503
May 20247388778.812.20$7,703
Apr 20247047384.451.66$6,696
Mar 2024751,06780.301.55$7,671
Feb 20246011176.091.78$4,763
Jan 20248279373.023.30$8,603
Dec 2023541,31171.262.61$7,271
Nov 2023922,32877.892.81$13,702
Oct 2023922,44885.443.09$15,418
Sep 2023772,16189.042.74$12,767
Aug 20231172,38280.522.67$15,788
Jul 2023712,12674.852.64$10,931
Jun 2023802,12368.962.26$10,312
May 2023632,57070.622.23$10,173
Apr 2023472,79578.122.24$9,926
Mar 2023872,63972.852.39$12,654
Feb 20231539275.112.47$2,093
Jan 2023741,09576.533.39$9,373
Dec 2022671,25876.415.73$12,327
Nov 2022911,36385.005.65$15,431
Oct 2022631,25387.185.86$12,840
Sep 20221132,86984.888.16$33,013
Aug 20221896,99194.529.13$81,672
Jul 2022595,996101.587.54$51,216
Jun 2022916,074115.097.98$58,927
May 20221106,742109.378.43$68,886
Apr 2022505,407104.226.84$42,182
Mar 2022815,960108.885.08$39,075
Feb 2022655,22991.054.86$31,325
Jan 2022495,74481.844.54$30,075
Dec 2021665,43271.323.90$25,887
Nov 2021854,54677.435.24$30,388
Oct 2021512,13579.795.71$16,268
Sep 2021661,52669.865.35$12,776
Aug 20211051,58166.024.22$13,605
Jul 20211181,32970.783.98$13,644
Jun 2021881,54269.493.38$11,328
May 2021751,59763.483.02$9,580
Apr 2021941,83360.362.76$10,730
Mar 2021761,82961.302.72$9,628
Feb 2021761,21257.805.55$11,117
Jan 20211052,19950.412.81$11,473
Dec 2020981,76244.642.68$9,089
Nov 20201002,01338.772.71$9,325
Oct 2020791,81736.972.48$7,424
Sep 2020641,77237.091.99$5,902
Aug 2020762,41839.982.39$8,806
Jul 20201042,61138.371.83$8,756
Jun 20202731,26634.901.69$11,668
May 2020871,57916.921.81$4,338
Apr 20202350014.751.80$1,241
Mar 20201072,31930.341.86$7,551
Feb 2020501,81449.881.98$6,087
Jan 2020561,81057.252.09$6,997
Dec 2019651,88059.012.30$8,168
Nov 2019842,12755.302.75$10,496
Oct 2019703,32853.472.42$11,792
Sep 2019942,86355.052.66$12,782
Aug 20191113,70753.112.30$14,437
Jul 20191464,22656.272.46$18,612
Jun 20192524,40852.782.49$24,282
May 20193235,50458.482.74$33,972
Apr 2019984,32862.632.75$18,043
Mar 20193898156.803.06$5,162
Feb 20191201,80950.852.79$11,153
Jan 20191664,75746.033.23$22,997
Dec 20181594,94146.594.19$28,088
Nov 20181824,64852.934.24$29,328
Oct 20181965,12461.443.40$29,454
Sep 20181614,79359.543.11$24,483
Aug 20181724,53859.403.07$24,133
Jul 20181654,45865.142.93$23,818
Jun 20181374,50660.183.08$22,109
May 20181614,86565.382.90$24,639
Apr 20181325,12863.842.90$23,302
Mar 20182175,18861.222.79$27,743
Feb 20183455,48861.782.77$36,495
Jan 20183485,98862.874.01$45,887
Dec 20171775,11057.272.92$25,066
Nov 20171866,45755.423.12$30,443
Oct 20171916,38949.292.98$28,477
Sep 20172346,76047.523.09$31,990
Aug 20172086,65145.373.00$29,419
Jul 20172227,18243.873.09$31,912
Jun 20176407,01242.493.09$48,842
May 20174408,16245.373.26$46,599
Apr 20174658,82847.933.21$50,639
Mar 20175998,06946.772.98$52,091
Feb 20174536,52550.452.95$42,120
Jan 20173056,76149.413.42$38,185
Dec 20163207,40848.763.72$43,182
Nov 20162616,40642.492.64$28,030
Oct 20163369,21746.193.09$44,003
Sep 20163037,13641.553.10$34,716
Aug 20162886,41141.442.92$30,683
Jul 20162225,47041.622.92$25,236
Jun 20162036,29445.352.69$26,111
May 20162636,71942.521.99$24,561
Apr 20163096,35536.561.99$23,950
Mar 20166886,33733.011.79$34,080
Feb 20165616,48226.472.06$28,226
Jan 201649415,68127.352.36$50,586
Dec 201545211,03432.362.00$36,710
Nov 201556111,75938.792.17$47,247
Oct 201558311,71343.552.43$53,812
Sep 201528312,20142.992.76$45,822
Aug 201536713,85240.162.87$54,528
Jul 201551528,84348.152.95$109,742
Jun 201557825,72856.152.88$106,625
May 201555827,14955.212.96$111,045
Apr 201540415,58349.822.71$62,304
Mar 201538511,50242.892.93$50,268
Feb 201540710,92244.662.98$50,683
Jan 201548912,34443.433.10$59,511
Dec 201453013,79054.693.59$78,511
Nov 201448614,11570.464.25$94,258
Oct 20146764878.303.90$7,774
Sep 201468017,69486.164.05$130,169
Aug 20141,03223,84889.394.04$188,480
Jul 201491825,44596.564.18$194,992
Jun 201480316,83498.164.74$158,563
May 20141,32826,64394.734.73$251,731
Apr 201498628,52995.944.81$231,796
Mar 201486423,00995.895.06$199,201
Feb 201474116,62097.406.19$175,084
Jan 20141,67435,18790.404.86$322,364
Dec 2013893,35691.824.35$22,786
Nov 20131,65218,46488.853.74$215,804
Oct 20131,50435,63197.423.78$281,182
Sep 20131,73036,228104.113.72$314,797
Aug 20132,50040,272104.253.52$402,488
Jul 20132,91644,695102.523.72$465,113
Jun 20132,24645,53794.403.93$391,138
May 20132,71854,48794.834.15$483,819
Apr 20132,16749,67093.964.28$416,328
Mar 20133,10657,33693.623.91$515,132
Feb 20132,76157,08391.233.42$447,105
Jan 20134,51564,15691.603.42$632,982
Dec 20123,50271,09786.773.42$547,032
Nov 20123,68974,08186.953.62$589,299
Oct 201296325,74589.383.40$173,598

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            45 bbl  × $106.41 =     $4,788
Gas                  899 Mcf  × $  3.05 =     $2,738

────────────────────────────────────────────────────
Month total                                   $7,527

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/271960 is the state's own key, not one this site invented.