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 273903District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$18.3 M
Aug 2013 – May 2026
Value, last 12 filed months
$270 k
at the published price for each month
Months reported
154
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
CondensateDisposition147,005 bbl$10,832,944
GasProduction2,116,624 Mcf$7,446,599
Total$18,279,543

Every month this lease reported (154)

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

154 months

May 20261943,039106.413.05$29,900
Apr 20261933,05698.932.87$27,863
Mar 20261803,08989.753.15$25,884
Feb 20261762,74863.503.75$21,482
Jan 20262053,10459.138.00$36,947
Dec 20252093,13656.664.41$25,682
Nov 20251563,51958.593.93$22,957
Oct 2025502,11159.383.30$9,946
Sep 2025912,58462.743.08$13,660
Aug 20251193,34863.933.01$17,701
Jul 20251223,23866.743.32$18,877
Jun 20251313,27066.483.13$18,940
May 20251733,36160.553.23$21,339
Apr 20251773,20862.363.54$22,404
Mar 20252153,25267.704.27$28,436
Feb 20251862,84070.884.34$25,512
Jan 20251893,29774.324.28$28,153
Dec 20242193,41268.993.12$25,759
Nov 20241803,31369.052.20$19,712
Oct 20242273,50771.372.28$24,202
Sep 20241893,41269.612.36$21,223
Aug 20242133,46075.632.06$23,249
Jul 20241592,12979.932.15$17,279
Jun 20242252,89478.082.63$25,191
May 20242102,67178.812.20$22,422
Apr 20242423,07584.451.66$25,539
Mar 20242723,47380.301.55$27,208
Feb 20242003,12276.091.78$20,787
Jan 20241763,06273.023.30$22,949
Dec 20231953,31871.262.61$22,558
Nov 20231743,08177.892.81$22,203
Oct 20232543,23885.443.09$31,698
Sep 20232433,24089.042.74$30,498
Aug 20232543,31580.522.67$29,313
Jul 20232313,54274.852.64$26,648
Jun 20232433,60068.962.26$24,888
May 20232023,40870.622.23$21,856
Apr 20232323,50678.122.24$25,969
Mar 20232813,74372.852.39$29,428
Feb 20232613,46875.112.47$28,155
Jan 20232683,51676.533.39$32,421
Dec 20222493,47076.415.73$38,906
Nov 20222473,33885.005.65$39,842
Oct 20222103,60087.185.86$39,417
Sep 20222473,51884.888.16$49,685
Aug 20222663,88694.529.13$60,610
Jul 20221693,300101.587.54$42,056
Jun 20221493,324115.097.98$43,665
May 20224978109.378.43$6,017
Apr 202274353104.226.84$10,126
Mar 20221513,177108.885.08$32,569
Feb 20222634,58191.054.86$46,205
Jan 20222464,96781.844.54$42,671
Dec 20212335,25871.323.90$37,119
Nov 20212485,25777.435.24$46,733
Oct 20212315,58379.795.71$50,332
Sep 20212575,49269.865.35$47,341
Aug 20212925,63966.024.22$43,078
Jul 20212735,63970.783.98$41,778
Jun 20212905,50069.493.38$38,746
May 20213015,88663.483.02$36,869
Apr 20213125,60160.362.76$34,282
Mar 20212615,60861.302.72$31,236
Feb 20212825,48757.805.55$46,741
Jan 20213425,83650.412.81$33,641
Dec 20203196,33544.642.68$31,189
Nov 20203076,16538.772.71$28,588
Oct 20202716,52136.972.48$26,181
Sep 20202256,32737.091.99$20,943
Aug 20202306,47739.982.39$24,644
Jul 20202706,53038.371.83$22,278
Jun 20203996,52234.901.69$24,949
May 20203297,05216.921.81$18,364
Apr 20202916,51214.751.80$16,042
Mar 20202796,17830.341.86$19,933
Feb 20202976,32949.881.98$27,350
Jan 20202716,43157.252.09$28,986
Dec 20193166,94259.012.30$34,644
Nov 20193326,68655.302.75$36,751
Oct 20193927,45553.472.42$38,990
Sep 20194217,50655.052.66$43,122
Aug 20194137,73353.112.30$39,754
Jul 20193878,46356.272.46$42,596
Jun 20194418,21052.782.49$43,729
May 20194788,59258.482.74$51,498
Apr 20194808,60262.632.75$53,724
Mar 20195469,01356.803.06$58,612
Feb 20194928,43350.852.79$48,565
Jan 201949310,69346.033.23$57,212
Dec 20183747,86146.594.19$50,326
Nov 20182959,04452.934.24$53,936
Oct 201844010,12961.443.40$61,453
Sep 20183399,91659.543.11$51,003
Aug 201846110,63659.403.07$59,999
Jul 201842710,75065.142.93$59,332
Jun 201869010,88160.183.08$75,004
May 20188179,62865.382.90$81,344
Apr 201873511,48963.842.90$80,250
Mar 20181,00612,33561.222.79$95,963
Feb 201870211,60061.782.77$75,457
Jan 201872411,30562.874.01$90,843
Dec 201765311,94457.272.92$72,292
Nov 201757111,33855.423.12$67,001
Oct 201761111,85949.292.98$65,500
Sep 201779512,41947.523.09$76,119
Aug 201763413,83045.373.00$70,315
Jul 201765514,41143.873.09$73,226
Jun 20171,11914,11342.493.09$91,117
May 201782415,07645.373.26$86,584
Apr 20171,13115,33247.933.21$103,449
Mar 20171,21414,53346.772.98$100,141
Feb 20171,01613,21450.452.95$90,273
Jan 201789413,94849.413.42$91,858
Dec 201685113,79448.763.72$92,847
Nov 201682814,17142.492.64$72,655
Oct 201697915,17446.193.09$92,112
Sep 20161,18214,61341.553.10$94,422
Aug 20161,46115,65441.442.92$106,321
Jul 20161,51416,88341.622.92$112,384
Jun 20161,46116,26545.352.69$109,941
May 20161,17417,62642.521.99$85,013
Apr 20161,35817,56236.561.99$84,615
Mar 20161,30118,87433.011.79$76,806
Feb 20161,19019,89026.472.06$72,545
Jan 20161,28922,21927.352.36$87,788
Dec 20151,47024,75832.362.00$97,120
Nov 20151,56527,14238.792.17$119,532
Oct 20151,42430,77843.552.43$136,700
Sep 201570629,64142.992.76$112,113
Aug 201581931,12440.162.87$122,294
Jul 201598233,16448.152.95$144,954
Jun 20151,23732,37856.152.88$162,799
May 20151,55728,24055.212.96$169,424
Apr 20151,82031,43049.822.71$175,740
Mar 20151,64828,85042.892.93$155,349
Feb 2015095144.662.98$2,830
Jan 20152,22132,98743.433.10$198,739
Dec 20142,73035,97054.693.59$278,485
Nov 20142,40939,01770.464.25$335,632
Oct 20142,54038,79578.303.90$350,220
Sep 20143,19438,53686.164.05$431,090
Aug 20143,21139,73689.394.04$447,371
Jul 20142,08925,73896.564.18$309,288
Jun 2014452898.164.74$4,550
May 20146,38559,72594.734.73$887,145
Apr 20145,02868,33395.944.81$811,008
Mar 20141,69920,35995.895.06$265,869
Feb 20145,43863,28097.406.19$921,491
Jan 20145,88670,88190.404.86$876,627
Dec 20136,15874,93591.824.35$891,731
Nov 20136,16575,71188.853.74$830,789
Oct 20137,12082,58197.423.78$1,005,734
Sep 20139,78885,467104.113.72$1,336,773
Aug 20137,51964,983104.253.52$1,012,766

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           194 bbl  × $106.41 =    $20,644
Gas                3,039 Mcf  × $  3.05 =     $9,256

────────────────────────────────────────────────────
Month total                                  $29,900

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/273903 is the state's own key, not one this site invented.