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 274275District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$7.0 M
Jan 2014 – May 2026
Value, last 12 filed months
$84 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
CondensateDisposition44,962 bbl$3,195,148
GasProduction1,015,383 Mcf$3,842,745
Total$7,037,893

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 202641944106.413.05$7,238
Apr 2026581,64198.932.87$10,447
Mar 20263383089.753.15$5,576
Feb 2026411,68363.503.75$8,915
Jan 2026361,68859.138.00$15,629
Dec 2025381,29456.664.41$7,864
Nov 2025281,06858.593.93$5,834
Oct 2025341,50959.383.30$7,006
Sep 2025321,16362.743.08$5,586
Aug 2025261,22363.933.01$5,349
Jul 202571,00766.743.32$3,806
Jun 2025818266.483.13$1,101
May 20252970860.553.23$4,044
Apr 2025371,00362.363.54$5,861
Mar 2025571,57767.704.27$10,590
Feb 2025471,37270.884.34$9,287
Jan 2025491,19274.324.28$8,742
Dec 2024531,14368.993.12$7,224
Nov 20243586169.052.20$4,310
Oct 2024551,38971.372.28$7,094
Sep 2024371,01569.612.36$4,975
Aug 2024441,39675.632.06$6,209
Jul 20244232079.932.15$4,044
Jun 20242029978.082.63$2,349
May 2024461,41878.812.20$6,743
Apr 2024511,37784.451.66$6,592
Mar 2024491,02480.301.55$5,517
Feb 2024521,36376.091.78$6,388
Jan 2024691,63773.023.30$10,437
Dec 2023402,38871.262.61$9,085
Nov 2023491,40677.892.81$7,764
Oct 2023591,42585.443.09$9,440
Sep 2023541,37489.042.74$8,566
Aug 2023591,44180.522.67$8,602
Jul 2023461,51974.852.64$7,456
Jun 2023651,71668.962.26$8,358
May 2023501,66270.622.23$7,233
Apr 2023631,52678.122.24$8,336
Mar 2023701,36672.852.39$8,369
Feb 2023661,18775.112.47$7,884
Jan 2023641,33176.533.39$9,407
Dec 2022421,19676.415.73$10,061
Nov 2022551,12985.005.65$11,050
Oct 2022781,16687.185.86$13,637
Sep 2022571,27584.888.16$15,247
Aug 2022701,30494.529.13$18,518
Jul 2022661,362101.587.54$16,977
Jun 2022971,033115.097.98$19,404
May 2022611,343109.378.43$17,997
Apr 2022441,211104.226.84$12,866
Mar 2022551,326108.885.08$12,720
Feb 2022491,13591.054.86$9,976
Jan 2022451,34181.844.54$9,768
Dec 2021471,33471.323.90$8,553
Nov 2021471,30777.435.24$10,484
Oct 2021381,30279.795.71$10,471
Sep 2021341,25069.865.35$9,064
Aug 2021501,34866.024.22$8,990
Jul 2021491,38970.783.98$8,999
Jun 2021661,30369.493.38$8,991
May 20211531,70263.483.02$14,849
Apr 2021781,91760.362.76$9,996
Mar 2021711,59861.302.72$8,694
Feb 2021751,79857.805.55$14,310
Jan 20211301,87950.412.81$11,834
Dec 20201252,05644.642.68$11,081
Nov 2020581,66638.772.71$6,758
Oct 2020561,80936.972.48$6,554
Sep 2020512,25937.091.99$6,389
Aug 2020531,65539.982.39$6,066
Jul 2020611,51738.371.83$5,109
Jun 2020831,73634.901.69$5,831
May 2020581,77916.921.81$4,210
Apr 2020821,14314.751.80$3,272
Mar 2020901,78930.341.86$6,051
Feb 2020691,64549.881.98$6,700
Jan 2020841,08157.252.09$7,073
Dec 20191091,78559.012.30$10,545
Nov 20191191,63355.302.75$11,073
Oct 2019842,07553.472.42$9,510
Sep 2019601,76055.052.66$7,980
Aug 2019652,50253.112.30$9,218
Jul 2019712,57056.272.46$10,318
Jun 2019622,35552.782.49$9,139
May 2019722,40458.482.74$10,798
Apr 2019772,34562.632.75$11,273
Mar 20195222,24556.803.06$36,524
Feb 20194632,18150.852.79$29,633
Jan 20192492,05746.033.23$18,102
Dec 20182252,24346.594.19$19,871
Nov 20182052,89952.934.24$23,134
Oct 20182262,67061.443.40$22,958
Sep 20181652,65159.543.11$18,063
Aug 20181062,58259.403.07$14,214
Jul 2018983,45265.142.93$16,505
Jun 20181474,60160.183.08$23,003
May 20181463,51865.382.90$19,750
Apr 20181744,71163.842.90$24,774
Mar 20182175,16961.222.79$27,690
Feb 20181514,01061.782.77$20,421
Jan 20184114,27462.874.01$42,975
Dec 20179544,11557.272.92$66,658
Nov 20179383,85055.423.12$63,990
Oct 20174294,46849.292.98$34,476
Sep 20172064,13847.523.09$22,564
Aug 20172215,47245.373.00$26,467
Jul 20171816,00643.873.09$26,483
Jun 20171475,31542.493.09$22,655
May 20171975,81445.373.26$27,911
Apr 20172575,76247.933.21$30,823
Mar 20172725,92846.772.98$30,409
Feb 20172465,57450.452.95$28,868
Jan 20172836,30649.413.42$35,542
Dec 20163537,14048.763.72$43,793
Nov 20162926,78842.492.64$30,357
Oct 20163497,88746.193.09$40,493
Sep 20163688,11641.553.10$40,455
Aug 20163797,14541.442.92$36,600
Jul 20166049,60941.622.92$53,238
Jun 20163349,17445.352.69$39,787
May 20163267,67142.521.99$29,135
Apr 20163046,89736.561.99$24,846
Mar 20163907,55733.011.79$26,431
Feb 20164318,12426.472.06$28,174
Jan 201647610,13927.352.36$36,991
Dec 201548413,67532.362.00$43,032
Nov 201547511,92738.792.17$44,275
Oct 201535810,29643.552.43$40,575
Sep 201522713,61942.992.76$47,326
Aug 201524713,73240.162.87$49,365
Jul 201532715,47248.152.95$61,311
Jun 201538818,96756.152.88$76,465
May 201549419,97155.212.96$86,297
Apr 201546919,00349.822.71$74,799
Mar 201552322,29542.892.93$87,861
Feb 201562420,31144.662.98$88,317
Jan 201575724,49343.433.10$108,820
Dec 201489028,15954.693.59$149,803
Nov 201484930,57970.464.25$189,838
Oct 201493434,89478.303.90$209,252
Sep 20141,16027,63986.164.05$211,758
Aug 20141,26623,13889.394.04$206,532
Jul 20141,53934,59396.564.18$293,191
Jun 20141,61131,62898.164.74$307,954
May 20142,71943,82594.734.73$464,712
Apr 20142,07648,35595.944.81$431,716
Mar 20142,69056,51995.895.06$543,749
Feb 20143,18257,51397.406.19$666,047
Jan 20143,24662,34390.404.86$596,470

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            41 bbl  × $106.41 =     $4,363
Gas                  944 Mcf  × $  3.05 =     $2,875

────────────────────────────────────────────────────
Month total                                   $7,238

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/274275 is the state's own key, not one this site invented.