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 274261District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$11.0 M
Feb 2014 – May 2026
Value, last 12 filed months
$198 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
CondensateDisposition68,679 bbl$5,012,778
GasProduction1,593,076 Mcf$6,014,644
Total$11,027,423

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 20261202,876106.413.05$21,529
Apr 2026432,79798.932.87$12,281
Mar 2026232,82789.753.15$10,968
Feb 2026692,26363.503.75$12,868
Jan 20264152,80759.138.00$46,989
Dec 202503,63556.664.41$16,043
Nov 202523,55558.593.93$14,076
Oct 202503,88059.383.30$12,823
Sep 202503,98262.743.08$12,252
Aug 2025283,28863.933.01$11,703
Jul 2025673,23766.743.32$15,203
Jun 2025602,40866.483.13$11,523
May 20251112,22860.553.23$13,923
Apr 2025802,07662.363.54$12,344
Mar 20251262,01867.704.27$17,144
Feb 2025761,21770.884.34$10,670
Jan 20251021,18174.324.28$12,634
Dec 20241211,80568.993.12$13,982
Nov 2024882,10169.052.20$10,695
Oct 20241012,41471.372.28$12,716
Sep 2024892,51869.612.36$12,149
Aug 2024982,52675.632.06$12,624
Jul 20241352,49679.932.15$16,148
Jun 20241571,64478.082.63$16,589
May 2024901,39278.812.20$10,153
Apr 2024621,20984.451.66$7,242
Mar 20246580.301.55$490
Feb 20241122,16776.091.78$12,387
Jan 20242126973.023.30$2,420
Dec 2023692,86271.262.61$12,389
Nov 2023663,71177.892.81$15,560
Oct 2023734,07185.443.09$18,805
Sep 2023633,67189.042.74$15,650
Aug 20231314,91380.522.67$23,680
Jul 20231004,64274.852.64$19,748
Jun 20231134,48568.962.26$17,922
May 2023884,53370.622.23$16,311
Apr 20231104,39578.122.24$18,428
Mar 20231334,42772.852.39$20,284
Feb 20231224,24975.112.47$19,640
Jan 20231424,87076.533.39$27,365
Dec 20221285,00876.415.73$38,472
Nov 20221264,52485.005.65$36,253
Oct 2022884,94587.185.86$36,668
Sep 20221004,93184.888.16$48,743
Aug 20221905,31594.529.13$66,470
Jul 20221575,085101.587.54$54,300
Jun 20221935,163115.097.98$63,399
May 20221875,113109.378.43$63,570
Apr 20221485,073104.226.84$50,112
Mar 20221634,986108.885.08$43,058
Feb 20221424,45191.054.86$34,556
Jan 20221475,17281.844.54$35,499
Dec 20211465,18171.323.90$30,614
Nov 20211395,28677.435.24$38,445
Oct 20211005,73179.795.71$40,725
Sep 20211455,80569.865.35$41,192
Aug 20211835,78066.024.22$36,477
Jul 20211656,05870.783.98$35,802
Jun 20211716,15569.493.38$32,691
May 20211716,51863.483.02$30,524
Apr 20212376,63460.362.76$32,605
Mar 20211676,94661.302.72$29,109
Feb 20212026,44457.805.55$47,427
Jan 20212857,59250.412.81$35,702
Dec 20202647,08144.642.68$30,730
Nov 20202738,50638.772.71$33,606
Oct 20202579,54736.972.48$33,163
Sep 202023810,33937.091.99$29,413
Aug 202027713,21239.982.39$42,586
Jul 2020673,93038.371.83$9,744
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20177057.272.92$401
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20176047.523.09$285
Aug 201726145.373.00$1,183
Jul 201725513,62843.873.09$53,260
Jun 201736911,33742.493.09$50,679
May 20173199,83745.373.26$46,575
Apr 20174369,86047.933.21$52,564
Mar 201742011,35246.772.98$53,514
Feb 201736210,16150.452.95$48,264
Jan 201748111,66749.413.42$63,653
Dec 201656812,28348.763.72$73,423
Nov 201648212,28442.492.64$52,963
Oct 201649011,70746.193.09$58,811
Sep 201638610,98741.553.10$50,105
Aug 201650914,47541.442.92$63,423
Jul 201643915,17141.622.92$62,636
Jun 201642113,52445.352.69$55,416
May 201659915,54642.521.99$56,422
Apr 201655615,55036.561.99$51,288
Mar 201661417,00733.011.79$50,779
Feb 201665017,51026.472.06$53,340
Jan 201683319,26927.352.36$68,341
Dec 201596120,64332.362.00$72,413
Nov 201599221,88038.792.17$85,901
Oct 201598424,71243.552.43$102,819
Sep 201557125,75542.992.76$95,590
Aug 201572328,83040.162.87$111,850
Jul 201575531,38548.152.95$128,785
Jun 201579133,38656.152.88$140,662
May 201594632,95055.212.96$149,611
Apr 20151,03825,26849.822.71$120,103
Mar 20151,24029,74842.892.93$140,485
Feb 20151,39827,75844.662.98$145,048
Jan 20151,76730,03943.433.10$169,881
Dec 20142,20542,18954.693.59$272,107
Nov 20142,08444,50570.464.25$336,067
Oct 20142,14449,29178.303.90$360,157
Sep 20142,86751,07286.164.05$453,629
Aug 20143,04861,24489.394.04$519,588
Jul 20143,24367,00996.564.18$593,215
Jun 20143,72670,18198.164.74$698,183
May 20145,38678,44894.734.73$881,005
Apr 20144,17283,62095.944.81$802,400
Mar 20145,32393,16095.895.06$981,514
Feb 20144,21962,68697.406.19$799,082

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           120 bbl  × $106.41 =    $12,769
Gas                2,876 Mcf  × $  3.05 =     $8,760

────────────────────────────────────────────────────
Month total                                  $21,529

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/274261 is the state's own key, not one this site invented.