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 272521District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$9.4 M
Apr 2013 – May 2026
Value, last 12 filed months
$177 k
at the published price for each month
Months reported
158
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
CondensateDisposition61,500 bbl$4,746,004
GasProduction1,268,404 Mcf$4,670,788
Total$9,416,793

Every month this lease reported (158)

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

158 months

May 20261052,010106.413.05$17,295
Apr 202610494798.932.87$13,006
Mar 202610366089.753.15$11,323
Feb 20261041,72463.503.75$13,070
Jan 20261152,21159.138.00$24,483
Dec 20251142,30756.664.41$16,641
Nov 20251002,21158.593.93$14,540
Oct 2025792,35059.383.30$12,457
Sep 2025952,30262.743.08$13,043
Aug 20251322,46063.933.01$15,855
Jul 2025832,49166.743.32$13,798
Jun 2025831,99066.483.13$11,744
May 20251031,58160.553.23$11,347
Apr 20251061,55762.363.54$12,127
Mar 20251332,36667.704.27$19,103
Feb 20251162,13970.884.34$17,507
Jan 20251272,68674.324.28$20,931
Dec 20241472,81668.993.12$18,931
Nov 20241232,52069.052.20$14,033
Oct 20241272,47171.372.28$14,701
Sep 20241022,53569.612.36$13,094
Aug 20241062,64675.632.06$13,477
Jul 2024791,99379.932.15$10,593
Jun 2024571,52978.082.63$8,478
May 2024782,07278.812.20$10,702
Apr 2024811,83484.451.66$9,883
Mar 20241001,99680.301.55$11,114
Feb 2024951,77776.091.78$10,398
Jan 2024892,14873.023.30$13,582
Dec 2023991,90971.262.61$12,039
Nov 2023772,32377.892.81$12,519
Oct 20231012,09885.443.09$15,107
Sep 2023812,40189.042.74$13,779
Aug 20231022,75380.522.67$15,571
Jul 2023922,84574.852.64$14,402
Jun 2023942,42968.962.26$11,968
May 2023902,20170.622.23$11,258
Apr 2023701,78078.122.24$9,452
Mar 2023761,58172.852.39$9,320
Feb 2023901,56275.112.47$10,611
Jan 2023871,71776.533.39$12,475
Dec 2022711,67976.415.73$15,044
Nov 2022851,78085.005.65$17,275
Oct 2022791,99587.185.86$18,585
Sep 2022931,96484.888.16$23,927
Aug 2022921,98594.529.13$26,813
Jul 2022942,072101.587.54$25,176
Jun 20221041,963115.097.98$27,629
May 20221002,086109.378.43$28,528
Apr 2022831,989104.226.84$22,250
Mar 2022972,049108.885.08$20,963
Feb 2022891,80091.054.86$16,849
Jan 2022932,07781.844.54$17,036
Dec 2021972,12871.323.90$15,215
Nov 20211002,09377.435.24$18,704
Oct 2021852,15979.795.71$19,118
Sep 20211112,19869.865.35$19,516
Aug 20211092,29366.024.22$16,874
Jul 2021932,05170.783.98$14,750
Jun 20211102,41669.493.38$15,811
May 20211182,51163.483.02$15,068
Apr 20211202,53760.362.76$14,241
Mar 20211202,89161.302.72$15,211
Feb 20211242,70157.805.55$22,152
Jan 20211643,07050.412.81$16,895
Dec 20201453,05344.642.68$14,641
Nov 20201161,25438.772.71$7,891
Oct 2020991,19436.972.48$6,619
Sep 20208290337.091.99$4,839
Aug 2020671,58939.982.39$6,469
Jul 2020582,80338.371.83$7,341
Jun 20201482,46334.901.69$9,328
May 20201152,68116.921.81$6,811
Apr 20201441,84514.751.80$5,453
Mar 20201581,63830.341.86$7,834
Feb 20201461,48949.881.98$10,232
Jan 20201571,67357.252.09$12,493
Dec 20191692,27859.012.30$15,222
Nov 20191952,16855.302.75$16,747
Oct 20191752,31453.472.42$14,954
Sep 20191692,78755.052.66$16,709
Aug 20191735,68953.112.30$22,298
Jul 20191872,91856.272.46$17,701
Jun 20191603,61052.782.49$17,438
May 20191544,82058.482.74$22,214
Apr 20191363,52962.632.75$18,225
Mar 20191753,73656.803.06$21,380
Feb 20191462,69850.852.79$14,958
Jan 20191553,17846.033.23$17,394
Dec 20181282,98946.594.19$18,474
Nov 20181263,10552.934.24$19,826
Oct 20181833,43061.443.40$22,899
Sep 20181453,51059.543.11$19,542
Aug 20181483,44459.403.07$19,352
Jul 20181684,01565.142.93$22,715
Jun 20181033,97360.183.08$18,423
May 20181334,44565.382.90$21,590
Apr 20181714,23663.842.90$23,204
Mar 20181924,40661.222.79$24,033
Feb 20181163,70361.782.77$17,409
Jan 20181903,78162.874.01$27,105
Dec 20171383,58957.272.92$18,389
Nov 20171713,99155.423.12$21,922
Oct 20172804,84449.292.98$28,254
Sep 20171857,00347.523.09$30,411
Aug 20172628,43445.373.00$37,226
Jul 20172708,41743.873.09$37,831
Jun 20173848,59842.493.09$42,861
May 20172867,01545.373.26$35,869
Apr 20173867,60447.933.21$42,922
Mar 20173768,49946.772.98$42,944
Feb 20174117,97350.452.95$44,276
Jan 20175149,18349.413.42$56,792
Dec 20163927,19848.763.72$45,911
Nov 20162675,81942.492.64$26,732
Oct 20163157,57246.193.09$37,949
Sep 20163238,17041.553.10$38,753
Aug 20163368,40241.442.92$38,494
Jul 20163638,60841.622.92$40,281
Jun 20163408,41145.352.69$38,010
May 201649611,61342.521.99$44,212
Apr 20163869,89636.561.99$33,815
Mar 20164449,84033.011.79$32,310
Feb 20163787,26926.472.06$25,006
Jan 201666111,78227.352.36$45,935
Dec 201579013,31632.362.00$52,215
Nov 20156017,59138.792.17$39,765
Oct 20157536,66643.552.43$48,969
Sep 20152619,16042.992.76$36,488
Aug 20153154,66940.162.87$26,062
Jul 201543510,50448.152.95$51,880
Jun 20155449,51656.152.88$57,979
May 201550011,85155.212.96$62,630
Apr 201562612,51749.822.71$65,065
Mar 201544715,32742.892.93$64,152
Feb 201542713,87244.662.98$60,356
Jan 201552518,30243.433.10$79,548
Dec 201463318,67354.693.59$101,680
Nov 201445516,07070.464.25$100,386
Oct 201455621,76078.303.90$128,420
Sep 201470522,49186.164.05$151,729
Aug 201481725,71889.394.04$176,807
Jul 201484224,87996.564.18$185,288
Jun 201479720,91398.164.74$177,296
May 20141,05322,68894.734.73$206,987
Apr 201476523,66095.944.81$187,178
Mar 20141,10128,32395.895.06$248,799
Feb 20141,29729,03497.406.19$306,106
Jan 20141,65433,92790.404.86$314,431
Dec 20131,70640,06591.824.35$331,107
Nov 20131,83435,11788.853.74$294,228
Oct 20131,69631,65597.423.78$284,860
Sep 20132,64338,185104.113.72$417,125
Aug 20133,03245,468104.253.52$476,252
Jul 20134,15052,566102.523.72$620,885
Jun 20133,27459,43094.403.93$542,828
May 20134,27170,92794.834.15$699,301
Apr 20131,92338,07293.964.28$343,732

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           105 bbl  × $106.41 =    $11,173
Gas                2,010 Mcf  × $  3.05 =     $6,122

────────────────────────────────────────────────────
Month total                                  $17,295

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/272521 is the state's own key, not one this site invented.