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 272751District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$15.0 M
Jun 2013 – May 2026
Value, last 12 filed months
$167 k
at the published price for each month
Months reported
156
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
CondensateDisposition118,261 bbl$8,794,081
GasProduction1,698,298 Mcf$6,229,941
Total$15,024,021

Every month this lease reported (156)

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

156 months

May 202691608106.413.05$11,535
Apr 20267218998.932.87$7,665
Mar 20266848589.753.15$7,630
Feb 20268424763.503.75$6,260
Jan 20261171,49759.138.00$18,891
Dec 20251242,21156.664.41$16,784
Nov 20251542,60658.593.93$19,255
Oct 20251442,54859.383.30$16,971
Sep 20251462,65862.743.08$17,338
Aug 202512367863.933.01$9,907
Jul 20251172,41966.743.32$15,828
Jun 20251472,88766.483.13$18,805
May 20252043,21260.553.23$22,734
Apr 20258951762.363.54$7,382
Mar 20251942,50067.704.27$23,805
Feb 20251832,55770.884.34$24,071
Jan 20251842,72974.324.28$25,351
Dec 20247092668.993.12$7,720
Nov 20241141,11669.052.20$10,325
Oct 20241332,46971.372.28$15,125
Sep 20241933,56469.612.36$21,861
Aug 20242253,45375.632.06$24,142
Jul 20242203,43479.932.15$24,956
Jun 20241952,98278.082.63$23,080
May 20242063,19078.812.20$23,248
Apr 20241993,05984.451.66$21,881
Mar 20242163,37380.301.55$22,557
Feb 20241682,23776.091.78$16,773
Jan 20241662,72073.023.30$21,091
Dec 20231832,70971.262.61$20,113
Nov 20231772,70277.892.81$21,373
Oct 20231852,58085.443.09$23,772
Sep 20231642,38789.042.74$21,131
Aug 20231762,63880.522.67$21,223
Jul 2023731,62974.852.64$9,768
Jun 20231692,68268.962.26$17,711
May 20231322,57270.622.23$15,051
Apr 20231902,51878.122.24$20,477
Mar 20238335272.852.39$6,889
Feb 20231952,42775.112.47$20,631
Jan 20232613,07176.533.39$30,378
Dec 2022159876.415.73$3,502
Nov 20224085.005.65$340
Oct 20227757287.185.86$10,067
Sep 2022931,56284.888.16$20,646
Aug 20222183,42294.529.13$51,839
Jul 20222063,812101.587.54$49,676
Jun 20222593,689115.097.98$59,236
May 20222633,824109.378.43$61,012
Apr 20221953,643104.226.84$45,232
Mar 20221573,958108.885.08$37,187
Feb 20221383,83291.054.86$31,184
Jan 20221804,12981.844.54$33,467
Dec 20212474,19871.323.90$33,985
Nov 20212624,07377.435.24$41,616
Oct 20212214,25679.795.71$41,952
Sep 20212024,17869.865.35$36,468
Aug 2021894,44666.024.22$24,641
Jul 20212534,45170.783.98$35,632
Jun 20212674,18469.493.38$32,698
May 20212474,44263.483.02$29,084
Apr 20212474,67860.362.76$27,813
Mar 20212714,77261.302.72$29,578
Feb 20212553,82357.805.55$35,949
Jan 20213284,11550.412.81$28,099
Dec 20203064,16444.642.68$24,800
Nov 20202963,99938.772.71$22,299
Oct 20202714,24836.972.48$20,547
Sep 20202254,16937.091.99$16,646
Aug 20202294,31039.982.39$19,435
Jul 20202594,36038.371.83$17,895
Jun 20203444,27234.901.69$19,227
May 20202564,59016.921.81$12,661
Apr 20203344,47414.751.80$12,999
Mar 20203484,67830.341.86$19,242
Feb 20203024,41849.881.98$23,814
Jan 20203234,75957.252.09$28,461
Dec 20193524,78959.012.30$31,807
Nov 20194064,59655.302.75$35,094
Oct 20192844,83753.472.42$26,884
Sep 20192954,76955.052.66$28,912
Aug 20193284,97453.112.30$28,882
Jul 20193235,02056.272.46$30,525
Jun 20193214,86952.782.49$29,072
May 20193314,96158.482.74$32,952
Apr 20193604,04262.632.75$33,665
Mar 20193364,05756.803.06$31,508
Feb 20193474,04550.852.79$28,939
Jan 20193194,99046.033.23$30,792
Dec 20182284,14346.594.19$27,963
Nov 20180052.934.24$0
Oct 201804961.443.40$167
Sep 20180859.543.11$25
Aug 201803259.403.07$98
Jul 201806265.142.93$182
Jun 20183160.183.08$184
May 20180065.382.90$0
Apr 20183863.842.90$215
Mar 2018831,68361.222.79$9,772
Feb 201813061.782.77$803
Jan 20184794,73462.874.01$49,095
Dec 20177608,55757.272.92$68,525
Nov 20176738,07955.423.12$62,491
Oct 20177388,20049.292.98$60,842
Sep 20177988,46147.523.09$64,042
Aug 20176669,06245.373.00$57,442
Jul 20177369,18743.873.09$60,651
Jun 20177379,41342.493.09$60,376
May 20177169,48045.373.26$63,422
Apr 20177279,20447.933.21$64,405
Mar 201789811,48846.772.98$76,276
Feb 20177499,84150.452.95$66,844
Jan 201770610,32749.413.42$70,189
Dec 20165479,96548.763.72$63,770
Nov 20166629,64242.492.64$53,625
Oct 201686811,31046.193.09$75,044
Sep 201688410,70841.553.10$69,932
Aug 201695111,76441.442.92$73,811
Jul 20161,06912,55441.622.92$81,204
Jun 20161,01412,07145.352.69$78,406
May 20161,10212,97742.521.99$72,695
Apr 20161,07812,93236.561.99$65,160
Mar 201680912,42733.011.79$48,999
Feb 201696612,15326.472.06$50,649
Jan 20161,05113,35227.352.36$60,314
Dec 20151,16414,13232.362.00$65,951
Nov 20151,11014,39338.792.17$74,251
Oct 201599815,44443.552.43$80,939
Sep 201554115,81642.992.76$66,885
Aug 20151,24617,33940.162.87$99,845
Jul 20151,32918,48948.152.95$118,443
Jun 20151,17018,97656.152.88$120,401
May 20151,33520,60655.212.96$134,605
Apr 20151,29021,43849.822.71$122,291
Mar 20151,22423,53042.892.93$121,551
Feb 20151,27122,42944.662.98$123,516
Jan 20151,73025,49543.433.10$154,184
Dec 20141,95927,41454.693.59$205,591
Nov 20141,91629,57370.464.25$260,741
Oct 20141,93825,17078.303.90$249,933
Sep 20141,94112,17186.164.05$216,474
Aug 20141,94131,22789.394.04$299,511
Jul 20142,41533,11996.564.18$371,617
Jun 20143,03337,24598.164.74$474,144
May 20144,11839,26394.734.73$575,677
Apr 20143,02242,06695.944.81$492,231
Mar 20143,29642,54595.895.06$531,195
Feb 20143,18048,00997.406.19$607,004
Jan 20144,00459,92990.404.86$653,260
Dec 20134,76269,81991.824.35$741,272
Nov 20134,41073,09888.853.74$665,089
Oct 20133,55658,02097.423.78$565,704
Sep 20134,00843,693104.113.72$579,712
Aug 20135,15183,459104.253.52$830,985
Jul 20135,87489,584102.523.72$935,253
Jun 20134,10676,54894.403.93$688,701

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            91 bbl  × $106.41 =     $9,683
Gas                  608 Mcf  × $  3.05 =     $1,852

────────────────────────────────────────────────────
Month total                                  $11,535

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/272751 is the state's own key, not one this site invented.