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 274388District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$10.1 M
Oct 2013 – May 2026
Value, last 12 filed months
$161 k
at the published price for each month
Months reported
152
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
CondensateDisposition66,988 bbl$4,927,606
GasProduction1,432,713 Mcf$5,189,993
Total$10,117,599

Every month this lease reported (152)

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

152 months

May 20261652,355106.413.05$24,731
Apr 2026992,10298.932.87$15,826
Mar 2026842,31389.753.15$14,824
Feb 202662,51363.503.75$9,806
Jan 202691,12859.138.00$9,554
Dec 2025371,09756.664.41$6,938
Nov 2025741,27858.593.93$9,354
Oct 20251121,87559.383.30$12,847
Sep 2025931,74162.743.08$11,192
Aug 20251651,92363.933.01$16,346
Jul 20251152,03366.743.32$14,415
Jun 20251212,11966.483.13$14,674
May 20251682,24660.553.23$17,432
Apr 20251902,29462.363.54$19,976
Mar 20251962,30267.704.27$23,095
Feb 20251672,30170.884.34$21,825
Jan 20251372,57174.324.28$21,182
Dec 20241802,69968.993.12$20,843
Nov 20241432,70969.052.20$15,830
Oct 20241932,83771.372.28$20,247
Sep 20241643,13069.612.36$18,816
Aug 20241943,55675.632.06$22,010
Jul 20241452,49779.932.15$16,950
Jun 2024351,82578.082.63$7,540
May 2024691,86178.812.20$9,529
Apr 2024551,72884.451.66$7,512
Mar 2024471,76180.301.55$6,495
Feb 2024372,03276.091.78$6,440
Jan 2024261,62173.023.30$7,244
Dec 2023542,28271.262.61$9,806
Nov 2023551,86577.892.81$9,520
Oct 2023781,84885.443.09$12,370
Sep 2023952,57889.042.74$15,510
Aug 2023561,85580.522.67$9,467
Jul 2023622,23074.852.64$10,532
Jun 2023732,40968.962.26$10,475
May 20233294570.622.23$4,365
Apr 2023721,20078.122.24$8,310
Mar 2023661,85872.852.39$9,255
Feb 2023431,90375.112.47$7,922
Jan 2023602,58776.533.39$13,356
Dec 2022371,91776.415.73$13,810
Nov 2022451,77285.005.65$13,830
Oct 2022852,80587.185.86$23,858
Sep 2022681,76084.888.16$20,140
Aug 2022622,48694.529.13$28,550
Jul 2022641,984101.587.54$21,465
Jun 2022502,212115.097.98$23,400
May 2022562,356109.378.43$25,993
Apr 2022582,154104.226.84$20,773
Mar 2022602,139108.885.08$17,391
Feb 2022702,18691.054.86$16,995
Jan 20221062,70381.844.54$20,940
Dec 2021632,43871.323.90$13,999
Nov 2021802,43577.435.24$18,946
Oct 20211032,67479.795.71$23,497
Sep 2021862,78069.865.35$20,884
Aug 20211392,70466.024.22$20,589
Jul 20211312,82670.783.98$20,526
Jun 2021692,54169.493.38$13,385
May 2021982,89663.483.02$14,960
Apr 20211052,99060.362.76$14,585
Mar 2021832,51661.302.72$11,924
Feb 2021892,76357.805.55$20,473
Jan 20211453,19450.412.81$16,285
Dec 20201263,18144.642.68$14,135
Nov 20201173,14538.772.71$13,048
Oct 2020993,37936.972.48$12,035
Sep 2020803,13837.091.99$9,215
Aug 2020823,38739.982.39$11,357
Jul 20201583,66538.371.83$12,752
Jun 202011722,68334.901.69$42,425
May 202013117916.921.81$2,541
Apr 20201542,53214.751.80$6,840
Mar 20202163,81630.341.86$13,637
Feb 20202113,34549.881.98$17,150
Jan 20201853,26157.252.09$17,422
Dec 20191963,75259.012.30$20,212
Nov 20192484,19655.302.75$25,256
Oct 20191914,26953.472.42$20,538
Sep 20191633,28755.052.66$17,708
Aug 20191583,37453.112.30$16,166
Jul 20191913,22356.272.46$18,676
Jun 20191853,96352.782.49$19,637
May 20192194,29758.482.74$24,582
Apr 20192094,74162.632.75$26,131
Mar 20192234,98956.803.06$27,943
Feb 20192034,52650.852.79$22,960
Jan 20192565,66846.033.23$30,081
Dec 20182635,78646.594.19$36,470
Nov 20182615,78552.934.24$38,327
Oct 20182886,30961.443.40$39,133
Sep 20182406,61059.543.11$34,833
Aug 20182276,90559.403.07$34,658
Jul 20181895,99765.142.93$29,894
Jun 20181806,51460.183.08$30,875
May 20181535,26865.382.90$25,285
Apr 20182515,78363.842.90$32,799
Mar 20182285,43961.222.79$29,116
Feb 20182525,56561.782.77$30,962
Jan 20183996,40962.874.01$50,781
Dec 20173566,39757.272.92$39,077
Nov 20172956,51755.423.12$36,671
Oct 20172996,80849.292.98$35,051
Sep 20173266,96447.523.09$36,991
Aug 20172847,23045.373.00$34,607
Jul 20172727,72143.873.09$35,770
Jun 20171796,43142.493.09$27,460
May 201734310,70045.373.26$50,480
Apr 201735910,27747.933.21$50,212
Mar 20174188,58946.772.98$45,177
Feb 20173127,63150.452.95$38,272
Jan 20174199,12049.413.42$51,882
Dec 20164078,21348.763.72$50,421
Nov 20163658,55242.492.64$38,123
Oct 20163788,94346.193.09$45,096
Sep 20163358,27841.553.10$39,586
Aug 20163629,70841.442.92$43,391
Jul 201632910,54841.622.92$44,539
Jun 20162529,53445.352.69$37,035
May 201642011,72342.521.99$41,199
Apr 201650611,83836.561.99$42,069
Mar 201653512,05033.011.79$39,278
Feb 201649213,15926.472.06$40,179
Jan 201668714,84727.352.36$53,893
Dec 201559514,19332.362.00$47,660
Nov 201572614,83038.792.17$60,303
Oct 201557212,90043.552.43$56,213
Sep 201532717,04742.992.76$61,081
Aug 201538719,13340.162.87$70,501
Jul 201547322,14948.152.95$88,006
Jun 201554722,09956.152.88$94,422
May 201562525,66055.212.96$110,343
Apr 201570424,39449.822.71$101,097
Mar 201560321,49142.892.93$88,933
Feb 201597426,52844.662.98$122,451
Jan 20151,31132,77243.433.10$158,551
Dec 20141,09927,04054.693.59$157,215
Nov 20141,07329,01870.464.25$198,983
Oct 20141,19633,37178.303.90$223,826
Sep 20141,59138,12386.164.05$291,305
Aug 20141,70534,73289.394.04$292,558
Jul 20141,13621,26096.564.18$198,550
Jun 20141,78227,36798.164.74$304,555
May 20143,17437,09194.734.73$475,986
Apr 20142,67545,16295.944.81$473,829
Mar 20142,93347,19695.895.06$519,906
Feb 20143,35848,54997.406.19$627,685
Jan 20144,30458,89190.404.86$675,334
Dec 20134,66968,05591.824.35$725,052
Nov 20134,91272,59388.853.74$707,804
Oct 20131,63445,68797.423.78$331,852

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           165 bbl  × $106.41 =    $17,558
Gas                2,355 Mcf  × $  3.05 =     $7,173

────────────────────────────────────────────────────
Month total                                  $24,731

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/274388 is the state's own key, not one this site invented.