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 271961District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$12.9 M
Oct 2012 – May 2026
Value, last 12 filed months
$181 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
CondensateDisposition78,963 bbl$6,112,298
GasProduction1,882,661 Mcf$6,809,448
Total$12,921,746

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 2026451,865106.413.05$10,469
Apr 2026822,44798.932.87$15,134
Mar 20261032,78789.753.15$18,022
Feb 20261032,43863.503.75$15,684
Jan 20261182,55059.138.00$27,372
Dec 20251041,65956.664.41$13,214
Nov 20251032,54958.593.93$16,043
Oct 2025872,80459.383.30$14,433
Sep 2025742,51662.743.08$12,384
Aug 2025942,30863.933.01$12,967
Jul 2025582,66166.743.32$12,693
Jun 2025682,57966.483.13$12,590
May 2025963,09960.553.23$15,830
Apr 20251012,87662.363.54$16,488
Mar 20251262,91867.704.27$20,985
Feb 20251062,53370.884.34$18,509
Jan 20251002,95574.324.28$20,076
Dec 20241316,18268.993.12$28,334
Nov 20241189,83069.052.20$29,759
Oct 20241052,87071.372.28$14,041
Sep 2024872,75369.612.36$12,565
Aug 20241213,02975.632.06$15,402
Jul 2024742,69279.932.15$11,693
Jun 20241182,87478.082.63$16,784
May 2024983,12578.812.20$14,594
Apr 2024933,09584.451.66$12,989
Mar 2024752,74380.301.55$10,261
Feb 20241332,98776.091.78$15,448
Jan 20241133,37873.023.30$19,391
Dec 2023962,76771.262.61$14,065
Nov 20231013,00677.892.81$16,306
Oct 20231223,12785.443.09$20,078
Sep 20231173,31589.042.74$19,484
Aug 20231213,55480.522.67$19,242
Jul 20231053,45274.852.64$16,979
Jun 20231283,54668.962.26$16,835
May 20231083,58970.622.23$15,621
Apr 20231343,61178.122.24$18,549
Mar 20231483,61672.852.39$19,435
Feb 20231413,57475.112.47$19,403
Jan 20231583,72776.533.39$24,718
Dec 20221334,00076.415.73$33,079
Nov 20221323,70185.005.65$32,117
Oct 20221063,82287.185.86$31,652
Sep 20221193,67684.888.16$40,110
Aug 20221244,20094.529.13$50,055
Jul 20221354,383101.587.54$46,770
Jun 20221424,062115.097.98$48,746
May 20221343,978109.378.43$48,202
Apr 20221124,487104.226.84$42,353
Mar 20221354,445108.885.08$37,263
Feb 20221203,78291.054.86$29,302
Jan 20221214,66181.844.54$31,053
Dec 20211234,62471.323.90$26,802
Nov 20211344,94877.435.24$36,288
Oct 20211155,24679.795.71$39,151
Sep 20211385,31969.865.35$38,102
Aug 20211585,03366.024.22$31,673
Jul 20211604,88170.783.98$30,761
Jun 20211504,26869.493.38$24,852
May 20211614,87763.483.02$24,937
Apr 20211894,80160.362.76$24,651
Mar 20211684,80161.302.72$23,342
Feb 20211805,35357.805.55$40,102
Jan 20211282,78850.412.81$14,288
Dec 20201143,01444.642.68$13,153
Nov 20201183,28338.772.71$13,461
Oct 2020933,04736.972.48$10,990
Sep 2020893,70137.091.99$10,670
Aug 2020713,91439.982.39$12,174
Jul 20201064,74838.371.83$12,733
Jun 20201575,19334.901.69$14,257
May 20201204,61616.921.81$10,407
Apr 20201314,92114.751.80$10,812
Mar 20201294,95330.341.86$13,108
Feb 2020944,26849.881.98$13,142
Jan 20201275,51657.252.09$18,825
Dec 20191575,93459.012.30$22,939
Nov 20191745,28455.302.75$24,157
Oct 20191395,90253.472.42$21,707
Sep 20191485,77955.052.66$23,504
Aug 20191636,44053.112.30$23,497
Jul 20191746,50956.272.46$25,804
Jun 20191374,45652.782.49$18,332
May 20191574,27758.482.74$20,902
Apr 2019914,68962.632.75$18,597
Mar 20191826,80456.803.06$31,172
Feb 20191585,86350.852.79$24,405
Jan 20191465,98646.033.23$26,044
Dec 20181375,68946.594.19$30,194
Nov 20181475,36852.934.24$30,526
Oct 20181825,87761.443.40$31,153
Sep 20181945,74559.543.11$29,406
Aug 20181915,96959.403.07$29,650
Jul 20181025,23565.142.93$21,993
Jun 2018685,37660.183.08$20,634
May 20181046,12165.382.90$24,555
Apr 20182246,41963.842.90$32,920
Mar 2018406,40961.222.79$20,310
Feb 20182235,46961.782.77$28,905
Jan 20184066,87162.874.01$53,073
Dec 20173024,84157.272.92$31,439
Nov 20171917,45755.423.12$33,839
Oct 20171816,88149.292.98$29,452
Sep 20171546,84947.523.09$28,463
Aug 20171297,50445.373.00$28,398
Jul 20171437,59843.873.09$29,731
Jun 20174136,65542.493.09$38,094
May 20173388,79745.373.26$44,043
Apr 20174417,75947.933.21$46,056
Mar 20174558,57246.772.98$46,856
Feb 20175288,05850.452.95$50,430
Jan 20172757,82449.413.42$40,336
Dec 201638910,39248.763.72$57,655
Nov 20162069,33942.492.64$33,449
Oct 201627012,73246.193.09$51,816
Sep 20163248,91841.553.10$41,114
Aug 20162807,72541.442.92$34,194
Jul 20162468,20541.622.92$34,233
Jun 20163168,23945.352.69$36,459
May 20163947,63442.521.99$31,952
Apr 20163536,58936.561.99$26,025
Mar 20169397,47333.011.79$44,403
Feb 20166277,75326.472.06$32,596
Jan 20166375,93327.352.36$31,450
Dec 20155884,65432.362.00$28,342
Nov 20157316,85738.792.17$43,217
Oct 201598711,49243.552.43$70,870
Sep 201551410,98542.992.76$52,398
Aug 201563513,93540.162.87$65,530
Jul 201564613,84748.152.95$71,885
Jun 201552714,77556.152.88$72,185
May 201557016,53355.212.96$80,332
Apr 201592520,45649.822.71$101,449
Mar 201566016,66742.892.93$77,220
Feb 201562315,23144.662.98$73,154
Jan 201572819,18043.433.10$91,087
Dec 201470920,54454.693.59$112,556
Nov 201474226,99070.464.25$167,038
Oct 20141493,89978.303.90$26,877
Sep 201481420,46186.164.05$152,908
Aug 20141,40927,68189.394.04$237,647
Jul 201470624,16996.564.18$169,188
Jun 201456014,64298.164.74$124,327
May 20141,04426,99894.734.73$226,506
Apr 201483124,81295.944.81$199,050
Mar 201465318,87595.895.06$158,063
Feb 201465515,95797.406.19$162,603
Jan 20141,62840,39690.404.86$343,525
Dec 20131,53846,84291.824.35$345,192
Nov 20132,56839,16688.853.74$374,580
Oct 20131,24038,83697.423.78$267,576
Sep 20131,43138,192104.113.72$290,969
Aug 20132,01942,240104.253.52$359,276
Jul 20132,37247,243102.523.72$418,815
Jun 20131,86550,36894.403.93$374,174
May 20132,40260,30694.834.15$477,996
Apr 20132,07658,98093.964.28$447,648
Mar 20133,04767,62993.623.91$549,884
Feb 20132,73166,48191.233.42$476,508
Jan 20135,05774,40591.603.42$717,680
Dec 20124,43883,02586.773.42$669,044
Nov 20125,46589,01886.953.62$797,868
Oct 20121,32634,40089.383.40$235,467

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                1,865 Mcf  × $  3.05 =     $5,680

────────────────────────────────────────────────────
Month total                                  $10,469

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/271961 is the state's own key, not one this site invented.