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 274264District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$8.6 M
Jan 2014 – May 2026
Value, last 12 filed months
$91 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
CondensateDisposition53,101 bbl$3,598,607
GasProduction1,363,407 Mcf$4,966,603
Total$8,565,210

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 202610287106.413.05$1,938
Apr 2026219498.932.87$755
Mar 20261692489.753.15$4,346
Feb 2026411,58063.503.75$8,529
Jan 2026411,70159.138.00$16,029
Dec 2025452,01256.664.41$11,429
Nov 2025622,29658.593.93$12,648
Oct 2025471,93159.383.30$9,173
Sep 2025431,92562.743.08$8,621
Aug 2025482,77963.933.01$11,447
Jul 2025161,24666.743.32$5,199
Jun 2025420866.483.13$917
May 2025441,95360.553.23$8,977
Apr 2025582,14462.363.54$11,213
Mar 2025942,83867.704.27$18,477
Feb 2025802,15970.884.34$15,042
Jan 20251032,64674.324.28$18,976
Dec 2024531,40568.993.12$8,042
Nov 2024772,92869.052.20$11,754
Oct 2024813,02971.372.28$12,691
Sep 2024783,20869.612.36$13,014
Aug 20241143,85375.632.06$16,573
Jul 2024843,12479.932.15$13,420
Jun 2024781,60578.082.63$10,318
May 2024672,49678.812.20$10,768
Apr 2024712,50684.451.66$10,154
Mar 2024792,46480.301.55$10,151
Feb 2024872,57776.091.78$11,216
Jan 2024792,76273.023.30$14,877
Dec 2023591,71571.262.61$8,682
Nov 20231142,44077.892.81$15,730
Oct 20231302,37685.443.09$18,443
Sep 2023992,24989.042.74$14,966
Aug 2023632,63580.522.67$12,116
Jul 2023812,72774.852.64$13,267
Jun 2023512,05768.962.26$8,163
May 2023722,53970.622.23$10,740
Apr 2023812,39078.122.24$11,676
Mar 2023902,29672.852.39$12,051
Feb 2023821,96175.112.47$10,994
Jan 2023952,28976.533.39$15,025
Dec 2022672,19676.415.73$17,701
Nov 2022612,26685.005.65$17,979
Oct 2022552,26287.185.86$18,059
Sep 2022772,23684.888.16$24,790
Aug 20221192,65294.529.13$35,453
Jul 2022722,523101.587.54$26,342
Jun 2022742,304115.097.98$26,896
May 2022742,448109.378.43$28,737
Apr 2022752,701104.226.84$26,285
Mar 2022982,271108.885.08$22,199
Feb 2022712,44591.054.86$18,344
Jan 2022582,50781.844.54$16,123
Dec 2021512,35371.323.90$12,812
Nov 2021672,59477.435.24$18,772
Oct 2021572,59779.795.71$19,387
Sep 20213072,46269.865.35$34,621
Aug 2021792,73566.024.22$16,759
Jul 2021452,54270.783.98$13,308
Jun 2021812,76869.493.38$14,986
May 2021802,78663.483.02$13,486
Apr 20211062,41360.362.76$13,054
Mar 20211522,34461.302.72$15,686
Feb 2021832,14957.805.55$16,720
Jan 20211042,56950.412.81$12,462
Dec 2020993,06844.642.68$12,628
Nov 20201032,84938.772.71$11,704
Oct 2020843,15236.972.48$10,917
Sep 2020723,16637.091.99$8,974
Aug 2020733,34539.982.39$10,897
Jul 2020813,35838.371.83$9,237
Jun 20201023,14434.901.69$8,874
May 2020753,43516.921.81$7,503
Apr 20201043,31614.751.80$7,517
Mar 20201113,59830.341.86$10,046
Feb 20201233,17849.881.98$12,430
Jan 20201403,32457.252.09$14,978
Dec 20191544,16459.012.30$18,683
Nov 20191804,03255.302.75$21,045
Oct 20191524,36953.472.42$18,694
Sep 20191304,27955.052.66$18,527
Aug 20191434,44853.112.30$17,845
Jul 20191454,62656.272.46$19,539
Jun 20191485,08652.782.49$20,482
May 20191705,66158.482.74$25,455
Apr 20191715,56862.632.75$26,026
Mar 20192335,54556.803.06$30,214
Feb 20191855,22350.852.79$23,991
Jan 20192005,72946.033.23$27,700
Dec 20181845,57146.594.19$31,890
Nov 20181825,58152.934.24$33,281
Oct 20182045,45761.443.40$31,077
Sep 20181335,83759.543.11$26,060
Aug 20181385,91259.403.07$26,327
Jul 2018625,90865.142.93$21,360
Jun 2018856,22460.183.08$24,266
May 2018845,21765.382.90$20,625
Apr 20181296,46163.842.90$26,977
Mar 20181336,70961.222.79$26,839
Feb 20181456,38561.782.77$26,620
Jan 20181627,01862.874.01$38,322
Dec 20171986,55557.272.92$30,490
Nov 20171696,60855.423.12$29,972
Oct 20172416,73749.292.98$31,980
Sep 20172006,16347.523.09$28,531
Aug 20171907,53745.373.00$31,264
Jul 20172017,88643.873.09$33,164
Jun 20172117,37642.493.09$31,737
May 20173008,00445.373.26$39,731
Apr 20173818,01847.933.21$44,012
Mar 20174088,89546.772.98$45,622
Feb 20174128,25150.452.95$45,147
Jan 20174708,78649.413.42$53,260
Dec 20164188,93748.763.72$53,653
Nov 20163888,98642.492.64$40,248
Oct 201656410,07646.193.09$57,189
Sep 20166489,77541.553.10$57,233
Aug 20166399,87241.442.92$55,349
Jul 201670810,75441.622.92$60,915
Jun 201672410,60845.352.69$61,325
May 201687212,39642.521.99$61,758
Apr 201694511,21836.561.99$56,885
Mar 201699311,95433.011.79$54,225
Feb 201694712,48226.472.06$50,825
Jan 201668713,08527.352.36$49,727
Dec 201571914,77632.362.00$52,840
Nov 201563717,11538.792.17$61,803
Oct 201554211,72543.552.43$52,056
Sep 201551119,03942.992.76$74,485
Aug 201549922,79840.162.87$85,527
Jul 201559223,01648.152.95$96,289
Jun 201561623,12356.152.88$101,249
May 201565324,83755.212.96$109,457
Apr 201561825,68249.822.71$100,299
Mar 201565028,45242.892.93$111,377
Feb 201591729,02444.662.98$127,334
Jan 20151,41337,73243.433.10$178,360
Dec 201462737,62854.693.59$169,426
Nov 201487040,43270.464.25$233,211
Oct 20141,32044,81578.303.90$278,178
Sep 20141,27131,58686.164.05$237,289
Aug 20141,53944,18789.394.04$315,871
Jul 20141,51641,36396.564.18$319,266
Jun 20142,05337,81298.164.74$380,633
May 20143,12148,23294.734.73$523,624
Apr 20142,13051,16695.944.81$450,416
Mar 20142,44956,56595.895.06$520,873
Feb 20142,93654,95397.406.19$626,235
Jan 20143,33758,87090.404.86$587,815

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            10 bbl  × $106.41 =     $1,064
Gas                  287 Mcf  × $  3.05 =       $874

────────────────────────────────────────────────────
Month total                                   $1,938

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/274264 is the state's own key, not one this site invented.