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 274237District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$6.1 M
Jan 2014 – May 2026
Value, last 12 filed months
$138 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
CondensateDisposition32,585 bbl$2,468,080
GasProduction951,575 Mcf$3,617,136
Total$6,085,216

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 20263821,026106.413.05$43,774
Apr 20265870798.932.87$7,767
Mar 20263355289.753.15$4,700
Feb 20265262863.503.75$5,657
Jan 20261251,48659.138.00$19,276
Dec 20252771,14256.664.41$20,735
Nov 20255575458.593.93$6,183
Oct 20255288459.383.30$6,009
Sep 20251711,22362.743.08$14,492
Aug 20251669763.933.01$3,124
Jul 20251272366.743.32$3,198
Jun 20254313266.483.13$3,272
May 2025231,22960.553.23$5,365
Apr 2025211,57362.363.54$6,883
Mar 2025351,58067.704.27$9,113
Feb 2025291,45470.884.34$8,367
Jan 2025341,52974.324.28$9,069
Dec 2024431,76368.993.12$8,470
Nov 2024321,64069.052.20$5,815
Oct 2024401,74071.372.28$6,824
Sep 2024392,00869.612.36$7,462
Aug 2024311,05475.632.06$4,520
Jul 20241079.932.15$80
Jun 202415078.082.63$1,171
May 2024381,39078.812.20$6,051
Apr 2024311,18184.451.66$4,577
Mar 2024411,61080.301.55$5,780
Feb 2024391,48476.091.78$5,614
Jan 2024801,92673.023.30$12,193
Dec 20231662871.262.61$2,780
Nov 20232798477.892.81$4,866
Oct 2023381,15585.443.09$6,813
Sep 2023301,09389.042.74$5,661
Aug 2023371,13680.522.67$6,016
Jul 2023351,17674.852.64$5,727
Jun 2023341,24568.962.26$5,156
May 2023231,07770.622.23$4,023
Apr 2023411,31278.122.24$6,139
Mar 2023641,15772.852.39$7,431
Feb 2023701,11575.112.47$8,007
Jan 2023751,24576.533.39$9,957
Dec 2022501,28176.415.73$11,159
Nov 2022761,19085.005.65$13,179
Oct 2022481,36287.185.86$12,171
Sep 2022491,45584.888.16$16,037
Aug 2022571,62994.529.13$20,256
Jul 2022651,569101.587.54$18,436
Jun 2022631,761115.097.98$21,299
May 2022641,714109.378.43$21,454
Apr 2022581,588104.226.84$16,903
Mar 2022571,552108.885.08$14,085
Feb 2022481,23791.054.86$10,381
Jan 2022561,40381.844.54$10,949
Dec 2021561,53471.323.90$9,975
Nov 2021481,42277.435.24$11,163
Oct 2021431,68479.795.71$13,053
Sep 2021391,59669.865.35$11,265
Aug 2021591,42466.024.22$9,905
Jul 2021561,63470.783.98$10,470
Jun 2021551,64469.493.38$9,380
May 2021501,33263.483.02$7,194
Apr 2021461,18160.362.76$6,034
Mar 2021341,01661.302.72$4,845
Feb 2021371,07157.805.55$8,080
Jan 2021631,48250.412.81$7,341
Dec 2020692,14144.642.68$8,808
Nov 2020612,04938.772.71$7,911
Oct 2020562,58736.972.48$8,482
Sep 2020542,65937.091.99$7,297
Aug 2020442,67039.982.39$8,127
Jul 2020442,53138.371.83$6,308
Jun 2020542,17434.901.69$5,559
May 2020401,71216.921.81$3,784
Apr 2020771,87814.751.80$4,524
Mar 2020812,37530.341.86$6,866
Feb 2020672,35249.881.98$8,001
Jan 2020652,04057.252.09$7,995
Dec 2019801,07959.012.30$7,207
Nov 2019801,49455.302.75$8,534
Oct 2019461,54453.472.42$6,194
Sep 2019752,45055.052.66$10,639
Aug 2019732,14153.112.30$8,811
Jul 2019582,90956.272.46$10,420
Jun 2019563,08252.782.49$10,634
May 2019783,34458.482.74$13,725
Apr 2019782,87962.632.75$12,804
Mar 2019903,15756.803.06$14,779
Feb 2019943,43150.852.79$14,360
Jan 2019883,70846.033.23$16,021
Dec 2018863,82346.594.19$20,008
Nov 2018843,47352.934.24$19,162
Oct 2018973,97161.443.40$19,453
Sep 2018933,69459.543.11$17,018
Aug 2018784,26459.403.07$17,709
Jul 2018643,97565.142.93$15,823
Jun 2018703,84960.183.08$16,056
May 2018923,80265.382.90$17,044
Apr 2018984,27463.842.90$18,654
Mar 2018893,21861.222.79$14,417
Feb 2018692,52061.782.77$11,233
Jan 2018973,43962.874.01$19,886
Dec 20171254,01357.272.92$18,883
Nov 2017813,22855.423.12$14,555
Oct 20171062,73249.292.98$13,376
Sep 2017845,29047.523.09$20,323
Aug 2017705,29845.373.00$19,093
Jul 2017684,28343.873.09$16,206
Jun 2017694,72242.493.09$17,510
May 2017915,25245.373.26$21,268
Apr 20171335,53147.933.21$24,138
Mar 20171346,49346.772.98$25,640
Feb 20171245,36450.452.95$22,094
Jan 20171575,79149.413.42$27,556
Dec 20161725,70748.763.72$29,633
Nov 20161646,14242.492.64$23,210
Oct 20161486,81146.193.09$27,884
Sep 20161606,01341.553.10$25,292
Aug 20162028,78941.442.92$34,073
Jul 20161516,58041.622.92$25,527
Jun 20161145,91845.352.69$21,065
May 20161658,98242.521.99$24,899
Apr 20162108,21436.561.99$24,032
Mar 20162178,47333.011.79$22,364
Feb 201628110,25226.472.06$28,594
Jan 20162659,06727.352.36$28,685
Dec 201535610,18832.362.00$31,911
Nov 20153479,68538.792.17$34,451
Oct 201531410,75143.552.43$39,763
Sep 20151409,29942.992.76$31,669
Aug 201518211,81440.162.87$41,245
Jul 20152068,99048.152.95$36,395
Jun 20152119,99256.152.88$40,653
May 201524310,91555.212.96$45,675
Apr 201533216,27549.822.71$60,590
Mar 201538118,37542.892.93$70,266
Feb 201545418,57644.662.98$75,561
Jan 201556321,80143.433.10$92,048
Dec 201472826,26454.693.59$134,138
Nov 201471528,96270.464.25$173,521
Oct 201487237,15678.303.90$213,222
Sep 20141,12734,05886.164.05$234,882
Aug 20141,30338,87889.394.04$273,353
Jul 20141,16329,62196.564.18$236,103
Jun 20141,22924,99098.164.74$239,013
May 20142,08436,66594.734.73$370,717
Apr 20141,77739,28595.944.81$359,412
Mar 20142,24449,83495.895.06$467,178
Feb 20142,75755,14297.406.19$609,971
Jan 20143,12661,22790.404.86$580,198

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           382 bbl  × $106.41 =    $40,649
Gas                1,026 Mcf  × $  3.05 =     $3,125

────────────────────────────────────────────────────
Month total                                  $43,774

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/274237 is the state's own key, not one this site invented.