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 274233District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$10.0 M
Jan 2014 – May 2026
Value, last 12 filed months
$109 k
at the published price for each month
Months reported
149
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
CondensateDisposition61,176 bbl$4,333,714
GasProduction1,483,165 Mcf$5,660,433
Total$9,994,147

Every month this lease reported (149)

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

149 months

May 202686993106.413.05$12,176
Apr 20261261,57998.932.87$16,996
Mar 202610875889.753.15$12,080
Feb 20269358563.503.75$8,099
Jan 20261271,17259.138.00$16,883
Dec 20255414056.664.41$3,678
Nov 20256946858.593.93$5,880
Oct 202511018559.383.30$7,143
Sep 2025884762.743.08$5,666
Aug 20256630863.933.01$5,148
Jul 20257962066.743.32$7,328
Jun 20257784466.483.13$7,760
May 20257143460.553.23$5,702
Apr 20258644362.363.54$6,933
Mar 20259455067.704.27$8,711
Feb 20258299470.884.34$10,127
Jan 20257066374.324.28$8,039
Dec 2024951,12368.993.12$10,059
Nov 2024951,32969.052.20$9,481
Oct 2024921,19271.372.28$9,285
Sep 2024741,00869.612.36$7,534
Aug 20246169675.632.06$6,050
Jul 20246060479.932.15$6,092
Jun 20244089378.082.63$5,475
May 20247689478.812.20$7,955
Apr 20249251284.451.66$8,619
Mar 20249288880.301.55$8,760
Feb 20241021,24276.091.78$9,976
Jan 2024911,65473.023.30$12,099
Dec 2023881,68371.262.61$10,665
Nov 2023851,16977.892.81$9,903
Oct 2023821,31685.443.09$11,069
Sep 20231302,73489.042.74$19,053
Aug 20231062,36580.522.67$14,856
Jul 20231202,40674.852.64$15,338
Jun 20231042,28068.962.26$12,321
May 20231062,69070.622.23$13,477
Apr 2023961,88778.122.24$11,722
Mar 2023891,78672.852.39$10,758
Feb 2023951,85075.112.47$11,697
Jan 20231102,21176.533.39$15,909
Dec 2022952,39376.415.73$20,969
Nov 20221363,76085.005.65$32,790
Oct 20221063,48287.185.86$29,659
Sep 20221303,45284.888.16$39,215
Aug 20221333,62894.529.13$45,685
Jul 20221423,422101.587.54$40,233
Jun 20221453,510115.097.98$44,688
May 20221293,682109.378.43$45,159
Apr 20221113,825104.226.84$37,722
Mar 20221394,129108.885.08$36,095
Feb 20221333,71791.054.86$30,170
Jan 20221424,32281.844.54$31,233
Dec 20211364,24971.323.90$26,267
Nov 20211223,92777.435.24$30,012
Oct 20211014,05279.795.71$31,211
Sep 20211093,88769.865.35$28,414
Aug 20211393,99166.024.22$26,021
Jul 20211284,01170.783.98$25,032
Jun 20211413,98069.493.38$23,253
May 20211344,06063.483.02$20,758
Apr 20211563,98260.362.76$20,400
Mar 20211444,24061.302.72$20,347
Feb 20211272,87257.805.55$23,274
Jan 20211934,26950.412.81$21,726
Dec 20201704,68444.642.68$20,121
Nov 20201554,12538.772.71$17,174
Oct 20201404,45936.972.48$16,227
Sep 20201224,32737.091.99$13,140
Aug 20201193,90939.982.39$14,081
Jul 20201333,72138.371.83$11,894
Jun 20201703,56334.901.69$11,956
May 20201233,49216.921.81$8,418
Apr 20201713,30314.751.80$8,482
Mar 20202074,07530.341.86$13,845
Feb 20201933,81049.881.98$17,173
Jan 20202063,24457.252.09$18,589
Dec 20192053,74859.012.30$20,734
Nov 20192113,59955.302.75$21,568
Oct 20191623,85053.472.42$17,974
Sep 20191733,98855.052.66$20,121
Aug 20191664,01653.112.30$18,071
Jul 20191663,82456.272.46$18,748
Jun 20191843,28952.782.49$17,905
May 20191912,57358.482.74$18,221
Apr 20191773,26362.632.75$20,061
Mar 20192263,76456.803.06$24,363
Feb 20191843,65150.852.79$19,551
Jan 20192363,79246.033.23$23,104
Dec 20182064,34846.594.19$27,796
Nov 20182284,86552.934.24$32,682
Oct 20182324,72461.443.40$30,307
Sep 20181654,88759.543.11$25,013
Aug 20181644,47559.403.07$23,464
Jul 20181585,56865.142.93$26,617
Jun 20182037,12960.183.08$34,152
May 20182367,60265.382.90$37,482
Apr 20182887,84363.842.90$41,137
Mar 20182938,36061.222.79$41,235
Feb 20182518,20361.782.77$38,197
Jan 20183338,15462.874.01$53,628
Dec 20173196,86257.272.92$38,317
Nov 20171836,27455.423.12$29,706
Oct 20172317,83049.292.98$34,748
Sep 20173358,23947.523.09$41,355
Aug 20172749,34845.373.00$40,517
Jul 20172549,34643.873.09$39,997
Jun 20172188,98042.493.09$36,987
May 20172899,28745.373.26$43,419
Apr 20173899,18347.933.21$48,137
Mar 201736710,07446.772.98$47,222
Feb 20173539,45250.452.95$45,717
Jan 201738710,39749.413.42$54,667
Dec 20164599,37348.763.72$57,275
Nov 201642810,92042.492.64$47,062
Oct 201645412,34146.193.09$59,107
Sep 201642912,33141.553.10$56,059
Aug 201644913,04441.442.92$56,752
Jul 201644413,80241.622.92$58,841
Jun 201642413,38545.352.69$55,178
May 201652414,79242.521.99$51,732
Apr 201654314,41136.561.99$48,545
Mar 201677915,32633.011.79$53,210
Feb 201678114,78826.472.06$51,190
Jan 201671915,60627.352.36$56,563
Dec 201580517,05032.362.00$60,174
Nov 201586719,33438.792.17$75,534
Oct 201577120,49443.552.43$83,307
Sep 201533519,00342.992.76$66,820
Aug 201529015,15940.162.87$55,190
Jul 201535015,86948.152.95$63,588
Jun 201548619,70356.152.88$84,090
May 201559122,13055.212.96$98,033
Apr 201569828,12549.822.71$110,897
Mar 201578029,04242.892.93$118,684
Feb 20151,03329,76344.662.98$134,714
Jan 20156169,02443.433.10$54,733
Dec 20141,52230,18654.693.59$191,647
Nov 20141,43534,12070.464.25$246,183
Oct 201495024,87578.303.90$171,421
Sep 20141,55729,12886.164.05$251,987
Aug 20142,14545,30289.394.04$374,541
Jul 20141,91742,93096.564.18$364,536
Jun 20142,11952,19098.164.74$455,219
May 20143,54470,89894.734.73$670,827
Apr 20142,70775,12495.944.81$620,990
Mar 20143,42485,03495.895.06$758,327
Feb 20143,93283,91797.406.19$902,591
Jan 20144,48595,11090.404.86$867,747

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            86 bbl  × $106.41 =     $9,151
Gas                  993 Mcf  × $  3.05 =     $3,025

────────────────────────────────────────────────────
Month total                                  $12,176

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/274233 is the state's own key, not one this site invented.