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 274235District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$4.0 M
Dec 2013 – May 2026
Value, last 12 filed months
$51 k
at the published price for each month
Months reported
150
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
CondensateDisposition20,010 bbl$1,492,087
GasProduction640,741 Mcf$2,504,411
Total$3,996,498

Every month this lease reported (150)

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

150 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 202602063.503.75$75
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20256058.593.93$352
Oct 202525810959.383.30$15,680
Sep 202531914862.743.08$20,469
Aug 20252078263.933.01$13,481
Jul 20252066.743.32$133
Jun 2025432166.483.13$1,270
May 2025212,33960.553.23$8,832
Apr 2025282,03462.363.54$8,953
Mar 2025481,84667.704.27$11,129
Feb 2025361,85570.884.34$10,604
Jan 2025291,54474.324.28$8,762
Dec 2024462,28568.993.12$10,306
Nov 2024412,38069.052.20$8,063
Oct 2024441,54971.372.28$6,674
Sep 20241683569.612.36$3,088
Aug 20240575.632.06$10
Jul 20240079.932.15$0
Jun 20242078.082.63$156
May 20242593678.812.20$4,028
Apr 20243784384.451.66$4,523
Mar 2024521,03680.301.55$5,776
Feb 2024181,04076.091.78$3,225
Jan 20243299673.023.30$5,621
Dec 2023645571.262.61$1,615
Nov 2023976377.892.81$2,843
Oct 2023476285.443.09$2,694
Sep 20232173889.042.74$3,888
Aug 2023572780.522.67$2,346
Jul 2023979774.852.64$2,779
Jun 20231679768.962.26$2,903
May 2023776770.622.23$2,203
Apr 2023686078.122.24$2,393
Mar 20231880372.852.39$3,233
Feb 20232974675.112.47$4,018
Jan 2023391,09676.533.39$6,698
Dec 2022448276.415.73$3,067
Nov 20222993185.005.65$7,722
Oct 20223990387.185.86$8,695
Sep 20229983384.888.16$15,203
Aug 2022401,02094.529.13$13,091
Jul 202259975101.587.54$13,347
Jun 2022671,002115.097.98$15,704
May 202215818109.378.43$8,539
Apr 202235914104.226.84$9,897
Mar 2022241,050108.885.08$7,943
Feb 20222591691.054.86$6,727
Jan 20222898381.844.54$6,752
Dec 2021261,02771.323.90$5,859
Nov 20213891577.435.24$7,734
Oct 2021201,18479.795.71$8,361
Sep 2021591,00769.865.35$9,510
Aug 2021761,13266.024.22$9,795
Jul 2021431,17670.783.98$7,726
Jun 20211071,13269.493.38$11,262
May 2021631,20363.483.02$7,630
Apr 2021981,12560.362.76$9,019
Mar 20211491,42461.302.72$13,003
Feb 2021881,09157.805.55$11,139
Jan 2021451,00750.412.81$5,098
Dec 2020361,43744.642.68$5,452
Nov 2020321,53538.772.71$5,395
Oct 2020381,54836.972.48$5,241
Sep 2020301,47137.091.99$4,042
Aug 2020361,72439.982.39$5,551
Jul 2020241,76238.371.83$4,137
Jun 2020601,66234.901.69$4,903
May 2020321,56516.921.81$3,382
Apr 2020371,36714.751.80$3,012
Mar 2020471,66130.341.86$4,509
Feb 2020421,66349.881.98$5,389
Jan 2020541,58557.252.09$6,412
Dec 2019591,79859.012.30$7,625
Nov 2019434,87955.302.75$15,799
Oct 2019531,88653.472.42$7,395
Sep 2019812,10355.052.66$10,047
Aug 2019751,91853.112.30$8,403
Jul 2019472,40356.272.46$8,556
Jun 2019321,69952.782.49$5,922
May 2019532,22958.482.74$9,208
Apr 2019582,22162.632.75$9,742
Mar 2019662,39656.803.06$11,086
Feb 2019492,30550.852.79$8,928
Jan 2019463,23346.033.23$12,554
Dec 2018512,35746.594.19$12,241
Nov 2018512,37052.934.24$12,742
Oct 2018652,77961.443.40$13,437
Sep 2018482,63559.543.11$11,048
Aug 2018452,92559.403.07$11,643
Jul 2018483,08465.142.93$12,169
Jun 2018402,28160.183.08$9,426
May 2018612,88165.382.90$12,345
Apr 2018612,33063.842.90$10,653
Mar 2018542,08861.222.79$9,125
Feb 2018471,63061.782.77$7,412
Jan 2018581,65262.874.01$10,270
Dec 2017762,30357.272.92$11,081
Nov 2017521,94955.423.12$8,960
Oct 2017582,08949.292.98$9,092
Sep 2017692,72147.523.09$11,679
Aug 2017402,95645.373.00$10,696
Jul 2017443,27043.873.09$12,026
Jun 2017422,90442.493.09$10,750
May 2017503,09245.373.26$12,359
Apr 2017903,74247.933.21$16,332
Mar 2017864,30046.772.98$16,852
Feb 2017813,11150.452.95$13,272
Jan 2017973,65749.413.42$17,295
Dec 20161133,75648.763.72$19,493
Nov 2016903,62042.492.64$13,397
Oct 20161044,06346.193.09$17,359
Sep 20161144,81541.553.10$19,666
Aug 20161235,86441.442.92$22,245
Jul 20161154,66841.622.92$18,437
Jun 2016994,47845.352.69$16,517
May 2016544,35842.521.99$10,973
Apr 2016935,03836.561.99$13,431
Mar 20161224,30033.011.79$11,741
Feb 20161715,27026.472.06$15,402
Jan 20161165,52927.352.36$16,245
Dec 20152006,25432.362.00$18,989
Nov 20152135,91838.792.17$21,089
Oct 20151535,75543.552.43$20,628
Sep 2015746,04642.992.76$19,859
Aug 2015996,93840.162.87$23,905
Jul 20151366,39148.152.95$25,370
Jun 20151668,00056.152.88$32,384
May 20151695,02155.212.96$24,170
Apr 20152438,41849.822.71$34,890
Mar 20151684,60142.892.93$20,708
Feb 20152687,16844.662.98$33,302
Jan 20152939,15243.433.10$41,102
Dec 201441615,90554.693.59$79,872
Nov 201440418,97470.464.25$109,140
Oct 201461418,56778.303.90$120,505
Sep 201480615,73486.164.05$133,096
Aug 201450419,44089.394.04$123,495
Jul 201465321,16096.564.18$151,494
Jun 201471524,54298.164.74$186,437
May 20141,14133,07694.734.73$264,423
Apr 201479627,35695.944.81$207,927
Mar 20141,16034,38995.895.06$285,131
Feb 20141,62244,00197.406.19$430,437
Jan 20142,42362,25190.404.86$521,624
Dec 201301,00591.824.35$4,376

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.

Feb 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 63.50 =         $0
Gas                   20 Mcf  × $  3.75 =        $75

────────────────────────────────────────────────────
Month total                                      $75

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/274235 is the state's own key, not one this site invented.