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 274245District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$10.7 M
Feb 2014 – May 2026
Value, last 12 filed months
$75 k
at the published price for each month
Months reported
148
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
CondensateDisposition72,080 bbl$5,169,118
GasProduction1,492,490 Mcf$5,571,754
Total$10,740,872

Every month this lease reported (148)

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

148 months

May 2026232531106.413.05$26,304
Apr 20262018898.932.87$2,518
Mar 20264542189.753.15$5,365
Feb 20265858363.503.75$5,869
Jan 20266457259.138.00$8,359
Dec 20254345256.664.41$4,431
Nov 20253944958.593.93$4,048
Oct 20254346759.383.30$4,097
Sep 20253145462.743.08$3,342
Aug 20255673363.933.01$5,790
Jul 20251585366.743.32$3,829
Jun 2025319166.483.13$797
May 20255049360.553.23$4,621
Apr 20256941262.363.54$5,763
Mar 20257140867.704.27$6,548
Feb 20254638170.884.34$4,914
Jan 20256472674.324.28$7,863
Dec 202410578368.993.12$9,688
Nov 20244884969.052.20$5,181
Oct 20247786371.372.28$7,464
Sep 20246381569.612.36$6,312
Aug 20249678875.632.06$8,887
Jul 202411618279.932.15$9,663
Jun 20245013978.082.63$4,270
May 20244812878.812.20$4,064
Apr 20243932384.451.66$3,829
Mar 20247080.301.55$562
Feb 20241181,17476.091.78$11,073
Jan 20241813173.023.30$1,746
Dec 2023711,30471.262.61$8,464
Nov 20231111,98377.892.81$14,213
Oct 20231372,02885.443.09$17,966
Sep 20231302,03289.042.74$17,133
Aug 20231422,10380.522.67$17,055
Jul 20231262,06374.852.64$14,881
Jun 20231302,02168.962.26$13,529
May 2023942,07070.622.23$11,249
Apr 202361,96978.122.24$4,875
Mar 20231502,01772.852.39$15,755
Feb 20231441,86675.112.47$15,417
Jan 20231562,03276.533.39$18,823
Dec 20221371,61476.415.73$19,715
Nov 20221381,83585.005.65$22,091
Oct 20221081,75287.185.86$19,689
Sep 20221321,89384.888.16$26,658
Aug 20221402,06494.529.13$32,071
Jul 20221332,052101.587.54$28,986
Jun 20221481,989115.097.98$32,900
May 20221412,066109.378.43$32,844
Apr 20221122,030104.226.84$25,553
Mar 20221191,810108.885.08$22,145
Feb 20221101,80991.054.86$18,805
Jan 20221101,14481.844.54$14,194
Dec 20211191,22671.323.90$13,267
Nov 20211231,84877.435.24$19,202
Oct 20211091,96279.795.71$19,908
Sep 20211151,86569.865.35$18,013
Aug 20211451,95466.024.22$17,820
Jul 20211371,98970.783.98$17,617
Jun 20211411,94269.493.38$16,363
May 20211441,96063.483.02$15,056
Apr 20211821,83260.362.76$16,039
Mar 20212341,94061.302.72$19,615
Feb 20211621,85757.805.55$19,666
Jan 20211751,94250.412.81$14,279
Dec 20201612,05144.642.68$12,674
Nov 20201571,79938.772.71$10,956
Oct 20201392,10136.972.48$10,346
Sep 20201152,05737.091.99$8,361
Aug 20201192,13539.982.39$9,850
Jul 20201402,20238.371.83$9,391
Jun 20201882,14134.901.69$10,180
May 20201392,20816.921.81$6,359
Apr 20201681,95714.751.80$6,009
Mar 20201502,17030.341.86$8,579
Feb 2020821,95149.881.98$7,954
Jan 20201782,07757.252.09$14,541
Dec 20192032,07259.012.30$16,754
Nov 20194001,90355.302.75$27,355
Oct 2019701,88653.472.42$8,304
Sep 20191691,58355.052.66$13,510
Aug 20191391,69153.112.30$11,279
Jul 20195581256.272.46$5,092
Jun 20191512252.782.49$1,096
May 2019455558.482.74$2,782
Apr 201915062.632.75$939
Mar 20192171,96356.803.06$18,337
Feb 20191162,51450.852.79$12,918
Jan 20191812,85446.033.23$17,545
Dec 20181432,98246.594.19$19,143
Nov 2018933,16052.934.24$18,312
Oct 20181903,31861.443.40$22,948
Sep 20181603,43259.543.11$20,193
Aug 20181563,56559.403.07$20,199
Jul 20181753,63865.142.93$22,066
Jun 20182193,79460.183.08$24,853
May 20185894,13065.382.90$50,489
Apr 20182833,81163.842.90$29,122
Mar 20182464,03461.222.79$26,302
Feb 20183723,56661.782.77$32,846
Jan 20183531,47562.874.01$28,107
Dec 20173669457.272.92$4,089
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20174047.523.09$190
Aug 201724045.373.00$1,089
Jul 20172446,59643.873.09$31,068
Jun 201741910,70442.493.09$50,850
May 201741011,22245.373.26$55,224
Apr 201753911,39647.933.21$62,434
Mar 201757512,62146.772.98$64,550
Feb 201751511,70350.452.95$60,536
Jan 201760212,77749.413.42$73,427
Dec 201664312,79448.763.72$78,983
Nov 201656314,31742.492.64$61,781
Oct 201658815,09846.193.09$73,816
Sep 201653113,37041.553.10$63,518
Aug 201652714,08241.442.92$63,019
Jul 201651415,78841.622.92$67,562
Jun 201645813,69845.352.69$57,561
May 201658214,53842.521.99$53,692
Apr 201659514,97636.561.99$51,571
Mar 201668016,77733.011.79$52,545
Feb 201672417,24026.472.06$54,741
Jan 201688919,69327.352.36$70,875
Dec 201599821,26832.362.00$74,861
Nov 20151,02522,21538.792.17$87,907
Oct 201586424,24543.552.43$96,460
Sep 201542025,12542.992.76$87,361
Aug 201547727,95840.162.87$99,465
Jul 201557930,18948.152.95$116,788
Jun 201571631,65556.152.88$131,460
May 201584733,15655.212.96$144,754
Apr 201593731,13849.822.71$130,959
Mar 20151,14629,81942.892.93$136,662
Feb 20151,19430,29244.662.98$143,479
Jan 20151,83338,45543.433.10$198,842
Dec 20142,00543,46554.693.59$265,752
Nov 20141,89246,97870.464.25$333,053
Oct 20142,08254,32478.303.90$374,936
Sep 20142,71854,95686.164.05$456,504
Aug 20142,96756,48689.394.04$493,148
Jul 20143,16962,67396.564.18$567,947
Jun 20144,00970,19098.164.74$726,005
May 20145,51780,77894.734.73$904,427
Apr 20144,13587,60295.944.81$818,000
Mar 20145,27996,15995.895.06$992,460
Feb 20143,82467,71997.406.19$791,774

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           232 bbl  × $106.41 =    $24,687
Gas                  531 Mcf  × $  3.05 =     $1,617

────────────────────────────────────────────────────
Month total                                  $26,304

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/274245 is the state's own key, not one this site invented.