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 271983District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$20.1 M
Jan 2013 – May 2026
Value, last 12 filed months
$273 k
at the published price for each month
Months reported
161
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
CondensateDisposition139,093 bbl$11,392,305
GasProduction2,333,255 Mcf$8,721,974
Total$20,114,279

Every month this lease reported (161)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

161 months

May 20262462,248106.413.05$33,024
Apr 20262332,36898.932.87$29,846
Mar 20262072,48389.753.15$26,398
Feb 20261852,48863.503.75$21,078
Jan 20262223,06459.138.00$37,632
Dec 20252193,42456.664.41$27,520
Nov 20252273,39858.593.93$26,642
Oct 20252083,86659.383.30$25,128
Sep 2025123,79362.743.08$12,424
Aug 2025993,89463.933.01$18,069
Jul 20251311,19866.743.32$12,715
Jun 20252439766.483.13$2,838
May 20251532,66060.553.23$17,862
Apr 20251742,54462.363.54$19,864
Mar 20251852,68667.704.27$23,989
Feb 20251522,43970.884.34$21,361
Jan 20251522,61274.324.28$22,473
Dec 20241762,73268.993.12$20,670
Nov 20241272,73069.052.20$14,771
Oct 2024433,04471.372.28$10,013
Sep 20241663,86369.612.36$20,689
Aug 2024391875.632.06$2,987
Jul 20243079.932.15$240
Jun 2024661,36478.082.63$8,746
May 20241162,76978.812.20$15,229
Apr 20241343,28284.451.66$16,762
Mar 20241322,50680.301.55$14,472
Feb 2024911,68576.091.78$9,930
Jan 20241152,93973.023.30$18,089
Dec 20231242,50271.262.61$15,368
Nov 2023992,38577.892.81$14,407
Oct 20231353,02485.443.09$20,870
Sep 20232093,42789.042.74$27,982
Aug 20231362,65480.522.67$18,045
Jul 20231403,45774.852.64$19,612
Jun 20231293,03668.962.26$15,753
May 20231423,66570.622.23$18,191
Apr 20231493,55478.122.24$19,593
Mar 20231723,52772.852.39$20,971
Feb 20232162,78175.112.47$23,081
Jan 20232444,34276.533.39$33,383
Dec 20223395076.415.73$7,964
Nov 20222113,64085.005.65$38,487
Oct 20221823,39187.185.86$35,751
Sep 20222183,67084.888.16$48,465
Aug 20222503,88094.529.13$59,043
Jul 20222423,870101.587.54$53,770
Jun 20222333,164115.097.98$52,056
May 20223023,712109.378.43$64,333
Apr 20222183,945104.226.84$49,694
Mar 20222303,962108.885.08$45,155
Feb 20222153,74191.054.86$37,753
Jan 20222114,14081.844.54$36,054
Dec 20212264,13771.323.90$32,249
Nov 20212393,51677.435.24$36,919
Oct 20211984,09479.795.71$39,191
Sep 20211983,52669.865.35$32,700
Aug 20212453,82366.024.22$32,310
Jul 20212253,96070.783.98$31,695
Jun 20212744,21069.493.38$33,273
May 20212594,00663.483.02$28,530
Apr 20213094,05660.362.76$29,839
Mar 20213224,40061.302.72$31,693
Feb 20213354,09757.805.55$42,093
Jan 20213984,78550.412.81$33,510
Dec 20203345,02844.642.68$28,362
Nov 20203045,03838.772.71$25,422
Oct 20202145,22336.972.48$20,856
Sep 20201875,31437.091.99$17,516
Aug 20201565,17639.982.39$18,582
Jul 20201674,52438.371.83$14,665
Jun 20202925,44734.901.69$19,398
May 20202225,83016.921.81$14,336
Apr 20202925,81614.751.80$14,801
Mar 20203375,92530.341.86$21,223
Feb 20203175,57049.881.98$26,844
Jan 20203425,94057.252.09$32,022
Dec 20193366,13759.012.30$33,969
Nov 20193745,91355.302.75$36,947
Oct 20192856,23253.472.42$30,311
Sep 20193106,23755.052.66$33,639
Aug 20193056,79853.112.30$31,864
Jul 20193766,85056.272.46$38,009
Jun 20193826,83252.782.49$37,182
May 20194147,28558.482.74$44,174
Apr 20194367,45062.632.75$47,799
Mar 20194647,96456.803.06$50,742
Feb 20193797,28450.852.79$39,611
Jan 20194227,89746.033.23$44,918
Dec 20183908,16846.594.19$52,357
Nov 20183948,15752.934.24$55,418
Oct 20184768,69961.443.40$58,805
Sep 20183048,00559.543.11$42,980
Aug 20182837,99059.403.07$41,312
Jul 20182757,93165.142.93$41,166
Jun 20182827,88060.183.08$41,217
May 20183047,52265.382.90$41,695
Apr 20183647,67363.842.90$45,496
Mar 20183768,20961.222.79$45,896
Feb 20183447,60461.782.77$42,286
Jan 20184318,63962.874.01$61,733
Dec 20174168,78157.272.92$49,478
Nov 20173738,83455.423.12$48,219
Oct 20174189,29949.292.98$48,348
Sep 201751510,03147.523.09$55,441
Aug 201741910,97245.373.00$51,974
Jul 201737911,32243.873.09$51,581
Jun 201740610,77442.493.09$50,513
May 201742211,45245.373.26$56,519
Apr 201752511,35547.933.21$61,631
Mar 201754511,69546.772.98$60,384
Feb 201748610,37250.452.95$55,143
Jan 201757311,58949.413.42$67,932
Dec 201665712,07148.763.72$76,974
Nov 201656411,52042.492.64$54,427
Oct 201656315,67146.193.09$74,432
Sep 201654112,06441.553.10$59,885
Aug 201654512,36641.442.92$58,747
Jul 201648112,13241.622.92$55,497
Jun 201644915,07445.352.69$60,848
May 201659413,02142.521.99$51,182
Apr 201661514,59436.561.99$51,542
Mar 201674416,88033.011.79$54,842
Feb 201681413,89926.472.06$50,229
Jan 201684815,02027.352.36$58,705
Dec 201599716,15832.362.00$64,602
Nov 20151,01216,50038.792.17$75,016
Oct 201587521,92143.552.43$91,299
Sep 201544017,96842.992.76$68,479
Aug 201547017,76140.162.87$69,893
Jul 201554518,68548.152.95$81,271
Jun 201562118,41156.152.88$87,945
May 201570619,27655.212.96$95,948
Apr 201580420,29349.822.71$94,980
Mar 201587815,21542.892.93$82,309
Feb 201579813,66244.662.98$76,299
Jan 20151,06814,92543.433.10$92,660
Dec 20141,24415,90654.693.59$125,159
Nov 201474911,52570.464.25$101,777
Oct 20141,19920,33478.303.90$173,204
Sep 20142,50639,92886.164.05$377,443
Aug 20142,76245,95989.394.04$432,345
Jul 20142,99549,56396.564.18$496,351
Jun 20142,16434,50098.164.74$375,841
May 20143,86754,50894.734.73$623,956
Apr 20142,76658,30295.944.81$545,751
Mar 20143,25162,81295.895.06$629,366
Feb 20143,68358,79397.406.19$722,770
Jan 20144,41268,75090.404.86$733,019
Dec 20134,08376,61391.824.35$708,511
Nov 20135,00582,18788.853.74$751,932
Oct 20135,43673,35697.423.78$806,814
Sep 20137,39887,934104.113.72$1,097,122
Aug 20138,74897,698104.253.52$1,256,131
Jul 20138,691104,706102.523.72$1,280,271
Jun 20136,661108,08994.403.93$1,053,957
May 20137,997115,71194.834.15$1,238,450
Apr 20136,478100,84893.964.28$1,040,564
Mar 20131,31717,96093.623.91$193,573
Feb 20130091.233.42$0
Jan 20130091.603.42$0

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           246 bbl  × $106.41 =    $26,177
Gas                2,248 Mcf  × $  3.05 =     $6,847

────────────────────────────────────────────────────
Month total                                  $33,024

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/271983 is the state's own key, not one this site invented.