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 274244District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$14.7 M
Jun 2013 – May 2026
Value, last 12 filed months
$199 k
at the published price for each month
Months reported
156
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
CondensateDisposition112,800 bbl$8,392,602
GasProduction1,722,433 Mcf$6,284,123
Total$14,676,725

Every month this lease reported (156)

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

156 months

May 20262502,195106.413.05$33,288
Apr 20261471,82598.932.87$19,780
Mar 20262321,93789.753.15$26,922
Feb 20262232,30363.503.75$22,797
Jan 202613759.138.00$355
Dec 20251681,66556.664.41$16,867
Nov 20251131,59758.593.93$12,891
Oct 20251061,37459.383.30$10,835
Sep 2025991,45762.743.08$10,694
Aug 20251571,86063.933.01$15,644
Jul 20251182,11266.743.32$14,877
Jun 20251231,93566.483.13$14,231
May 20251751,94260.553.23$16,873
Apr 20252322,36462.363.54$22,843
Mar 20252792,57367.704.27$29,871
Feb 20251621,53070.884.34$18,124
Jan 2025721,94974.324.28$13,690
Dec 20243875,04668.993.12$42,450
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20245075.632.06$378
Jul 202422079.932.15$1,758
Jun 202442078.082.63$3,279
May 202454078.812.20$4,256
Apr 20241926484.451.66$2,043
Mar 20242611180.301.55$2,259
Feb 20241481,56176.091.78$14,046
Jan 20241452,26173.023.30$18,044
Dec 20231762,21371.262.61$18,319
Nov 20231232,02777.892.81$15,271
Oct 20232002,48985.443.09$24,772
Sep 20231892,19789.042.74$22,837
Aug 20232422,77880.522.67$26,911
Jul 20232372,94274.852.64$25,512
Jun 20232552,86168.962.26$24,046
May 20231752,71570.622.23$18,406
Apr 20232402,91378.122.24$25,267
Mar 20232502,63972.852.39$24,528
Feb 20232672,87375.112.47$27,138
Jan 20233143,37576.533.39$35,464
Dec 20222733,63576.415.73$41,685
Nov 20222983,63185.005.65$45,831
Oct 20222383,56187.185.86$41,630
Sep 20222382,88084.888.16$43,713
Aug 20222623,08194.529.13$52,885
Jul 20222102,774101.587.54$42,254
Jun 20222412,706115.097.98$49,323
May 20222292,940109.378.43$49,839
Apr 20222473,612104.226.84$50,440
Mar 20222353,254108.885.08$42,105
Feb 20221562,48691.054.86$26,283
Jan 20221662,76581.844.54$26,132
Dec 2021632,05271.323.90$12,494
Nov 2021934,05577.435.24$28,436
Oct 2021724,45579.795.71$31,200
Sep 2021513,80969.865.35$23,945
Aug 20212574,19266.024.22$34,660
Jul 20211983,46470.783.98$27,808
Jun 20211923,82869.493.38$26,283
May 20212244,05963.483.02$26,468
Apr 20212554,05260.362.76$26,569
Mar 20212664,45161.302.72$28,399
Feb 20212664,24657.805.55$38,931
Jan 20213514,85050.412.81$31,324
Dec 20203244,91444.642.68$27,611
Nov 20203144,74338.772.71$25,011
Oct 20202834,99636.972.48$22,845
Sep 20202354,81937.091.99$18,311
Aug 20202314,80939.982.39$20,705
Jul 20202464,66238.371.83$17,948
Jun 20203404,59134.901.69$19,626
May 20202544,93316.921.81$13,250
Apr 20203394,88814.751.80$13,820
Mar 20203965,35630.341.86$21,957
Feb 20203665,06249.881.98$28,282
Jan 20203865,48657.252.09$33,590
Dec 20193995,40859.012.30$36,007
Nov 20194485,04255.302.75$38,643
Oct 20192975,53353.472.42$29,262
Sep 20193205,34955.052.66$31,830
Aug 20193575,58653.112.30$31,832
Jul 20193685,53956.272.46$34,334
Jun 20193905,44752.782.49$34,154
May 20194175,76758.482.74$40,190
Apr 20193794,82262.632.75$37,001
Mar 20194004,93556.803.06$37,831
Feb 20194404,78250.852.79$35,726
Jan 20194725,66846.033.23$40,023
Dec 20183564,93246.594.19$37,229
Nov 20184244,75352.934.24$42,582
Oct 20186165,07161.443.40$55,079
Sep 20186435,31659.543.11$54,806
Aug 20186864,92759.403.07$55,857
Jul 20184717,69965.142.93$53,253
Jun 20184827,48960.183.08$52,050
May 20185177,38265.382.90$55,215
Apr 20184557,25263.842.90$50,084
Mar 20183897,13561.222.79$43,699
Feb 20189361.782.77$564
Jan 20184394,41262.874.01$45,289
Dec 20174936,18757.272.92$46,310
Nov 20174686,48755.423.12$46,165
Oct 20174647,12449.292.98$44,126
Sep 20176935,62847.523.09$50,307
Aug 20176018,40045.373.00$52,504
Jul 20175618,64143.873.09$51,288
Jun 20175207,58342.493.09$45,506
May 20175618,29845.373.26$52,532
Apr 20177408,33847.933.21$62,247
Mar 20177178,54146.772.98$59,018
Feb 20177267,94450.452.95$60,082
Jan 20177369,15549.413.42$67,665
Dec 20167499,67448.763.72$72,536
Nov 20167039,78242.492.64$55,738
Oct 201677610,24046.193.09$67,488
Sep 20167509,81341.553.10$61,589
Aug 20167609,80141.442.92$60,156
Jul 20166309,42141.622.92$53,771
Jun 20166259,13045.352.69$52,865
May 201678110,66342.521.99$54,439
Apr 201682711,61736.561.99$53,365
Mar 201658310,93033.011.79$38,853
Feb 201681811,97226.472.06$46,358
Jan 201699214,06627.352.36$60,388
Dec 20151,07615,64432.362.00$66,129
Nov 20151,22015,95838.792.17$81,910
Oct 20151,07716,91943.552.43$87,959
Sep 201556117,24442.992.76$71,684
Aug 201564618,56440.162.87$79,268
Jul 201579819,77948.152.95$96,674
Jun 201585219,78456.152.88$104,874
May 201592621,51655.212.96$114,714
Apr 20151,04022,62149.822.71$113,038
Mar 20151,11124,28342.892.93$118,914
Feb 20151,23722,85544.662.98$123,265
Jan 20151,55327,35043.433.10$152,249
Dec 20141,44331,81154.693.59$193,162
Nov 20141,60333,17770.464.25$254,011
Oct 20141,89340,07778.303.90$304,561
Sep 20141783286.164.05$15,466
Aug 20142,16822,60489.394.04$285,007
Jul 20142,61329,69196.564.18$376,408
Jun 20141,59115,82698.164.74$231,138
May 20143,05723,52894.734.73$400,796
Apr 20142,64832,92995.944.81$412,409
Mar 20143,50944,60695.895.06$562,042
Feb 20143,70450,21297.406.19$671,682
Jan 20144,16166,31290.404.86$698,478
Dec 20134,01272,53791.824.35$684,243
Nov 20134,86675,42488.853.74$714,300
Oct 20134,77875,79397.423.78$751,922
Sep 20133,77541,176104.113.72$546,097
Aug 20133,54884,261104.253.52$666,698
Jul 20134,38091,205102.523.72$788,114
Jun 20135,36083,01494.403.93$832,512

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           250 bbl  × $106.41 =    $26,603
Gas                2,195 Mcf  × $  3.05 =     $6,686

────────────────────────────────────────────────────
Month total                                  $33,288

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/274244 is the state's own key, not one this site invented.