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 274236District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$6.2 M
Jan 2014 – May 2026
Value, last 12 filed months
$148 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
CondensateDisposition33,765 bbl$2,409,796
GasProduction1,040,477 Mcf$3,835,244
Total$6,245,040

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 2026651,803106.413.05$12,408
Apr 2026491,79398.932.87$9,993
Mar 2026502,00289.753.15$10,793
Feb 2026551,26363.503.75$8,229
Jan 2026621,41959.138.00$15,015
Dec 2025701,78956.664.41$11,862
Nov 2025693,45758.593.93$17,616
Oct 2025693,55959.383.30$15,859
Sep 2025763,37662.743.08$15,156
Aug 2025863,81163.933.01$16,987
Jul 20252399966.743.32$4,847
Jun 202511447866.483.13$9,074
May 2025433,42160.553.23$13,661
Apr 2025553,46362.363.54$15,700
Mar 2025753,55967.704.27$20,268
Feb 2025602,49670.884.34$15,088
Jan 2025512,05974.324.28$12,600
Dec 2024572,12268.993.12$10,556
Nov 2024482,99869.052.20$9,905
Oct 2024572,77971.372.28$10,408
Sep 2024502,86369.612.36$10,250
Aug 20240675.632.06$12
Jul 20243079.932.15$240
Jun 2024749278.082.63$1,842
May 2024411,91878.812.20$7,448
Apr 2024471,71584.451.66$6,815
Mar 2024522,19180.301.55$7,561
Feb 2024562,00576.091.78$7,837
Jan 2024561,91573.023.30$10,404
Dec 2023371,14971.262.61$5,636
Nov 2023571,70577.892.81$9,227
Oct 2023671,74485.443.09$11,109
Sep 2023561,75989.042.74$9,797
Aug 2023722,03580.522.67$11,237
Jul 2023682,05674.852.64$10,521
Jun 2023662,01068.962.26$9,091
May 2023602,04570.622.23$8,792
Apr 2023712,00178.122.24$10,024
Mar 2023901,91572.852.39$11,139
Feb 2023721,70475.112.47$9,609
Jan 2023761,88776.533.39$12,209
Dec 2022531,96776.415.73$15,319
Nov 2022671,89485.005.65$16,389
Oct 2022551,89987.185.86$15,930
Sep 2022661,85384.888.16$20,729
Aug 2022701,92594.529.13$24,186
Jul 2022661,993101.587.54$21,736
Jun 2022741,922115.097.98$23,849
May 2022702,035109.378.43$24,817
Apr 2022571,908104.226.84$18,987
Mar 2022642,031108.885.08$17,278
Feb 2022601,82591.054.86$14,330
Jan 2022582,00381.844.54$13,836
Dec 2021602,06471.323.90$12,327
Nov 2021602,00777.435.24$15,156
Oct 2021542,05879.795.71$16,068
Sep 2021592,02169.865.35$14,936
Aug 2021692,11566.024.22$13,482
Jul 2021652,16770.783.98$13,230
Jun 2021652,08469.493.38$11,562
May 2021612,18863.483.02$10,475
Apr 2021702,13560.362.76$10,114
Mar 2021592,18761.302.72$9,559
Feb 2021602,17757.805.55$15,546
Jan 2021963,23150.412.81$13,919
Dec 2020903,29344.642.68$12,828
Nov 2020773,13338.772.71$11,465
Oct 2020703,16436.972.48$10,430
Sep 2020623,07637.091.99$8,424
Aug 2020552,90939.982.39$9,137
Jul 2020613,11238.371.83$8,020
Jun 2020823,06534.901.69$8,043
May 2020633,54116.921.81$7,492
Apr 2020963,50914.751.80$7,748
Mar 20201013,64330.341.86$9,827
Feb 2020983,41549.881.98$11,652
Jan 2020893,60257.252.09$12,641
Dec 20191053,43959.012.30$14,121
Nov 2019983,08455.302.75$13,903
Oct 2019843,83053.472.42$13,754
Sep 2019883,83455.052.66$15,032
Aug 2019903,91653.112.30$13,804
Jul 2019773,56756.272.46$13,108
Jun 2019773,57252.782.49$12,963
May 2019984,15058.482.74$17,103
Apr 2019903,98762.632.75$16,604
Mar 20191124,21556.803.06$19,268
Feb 20191164,05950.852.79$17,232
Jan 20191194,52946.033.23$20,098
Dec 20181064,56246.594.19$24,033
Nov 20181084,64052.934.24$25,377
Oct 20181374,86061.443.40$24,932
Sep 20181065,01659.543.11$21,901
Aug 20181085,11759.403.07$22,107
Jul 20181185,29665.142.93$23,214
Jun 20183564,99160.183.08$36,781
May 20181634,69165.382.90$24,265
Apr 20181425,22063.842.90$24,207
Mar 20181465,04661.222.79$23,001
Feb 20181274,71061.782.77$20,874
Jan 20181675,05462.874.01$30,762
Dec 20171885,43357.272.92$26,639
Nov 20171434,27055.423.12$21,240
Oct 20171423,75349.292.98$18,197
Sep 20171494,92847.523.09$22,295
Aug 20171135,68845.373.00$22,216
Jul 2017725,12443.873.09$18,978
Jun 20171065,16642.493.09$20,453
May 20171235,36545.373.26$23,089
Apr 20171535,82047.933.21$26,025
Mar 20171306,69746.772.98$26,062
Feb 20171186,45750.452.95$25,018
Jan 20171606,36749.413.42$29,673
Dec 20163537,23248.763.72$44,136
Nov 20162077,00742.492.64$27,324
Oct 20163257,28046.193.09$37,509
Sep 20162155,66041.553.10$26,483
Aug 2016791,90641.442.92$8,848
Jul 20161655,22841.622.92$22,156
Jun 20161234,89645.352.69$18,728
May 20161659,26142.521.99$25,455
Apr 20161488,30236.561.99$21,940
Mar 20162079,33933.011.79$23,587
Feb 201623010,07326.472.06$26,875
Jan 201627511,47227.352.36$34,645
Dec 201534811,53732.362.00$34,352
Nov 201535110,73838.792.17$36,888
Oct 201531911,88443.552.43$42,730
Sep 201517212,63442.992.76$42,244
Aug 201538415,18140.162.87$59,029
Jul 201550614,56348.152.95$67,253
Jun 201548615,67456.152.88$72,475
May 201555217,00955.212.96$80,745
Apr 201547018,29349.822.71$72,927
Mar 201552219,96942.892.93$80,992
Feb 201561219,68044.662.98$85,903
Jan 201563023,40143.433.10$99,919
Dec 201481427,15154.693.59$142,027
Nov 201486129,67370.464.25$186,831
Oct 20141,02325,73678.303.90$180,496
Sep 201495320,81986.164.05$166,333
Aug 20141,03233,09589.394.04$225,793
Jul 201499129,56396.564.18$219,252
Jun 201487917,76698.164.74$170,438
May 20141,70331,23094.734.73$308,936
Apr 20141,37240,44695.944.81$326,139
Mar 20141,96352,35295.895.06$452,966
Feb 20142,30952,82397.406.19$551,977
Jan 20142,66658,23990.404.86$524,090

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            65 bbl  × $106.41 =     $6,917
Gas                1,803 Mcf  × $  3.05 =     $5,492

────────────────────────────────────────────────────
Month total                                  $12,408

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/274236 is the state's own key, not one this site invented.