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 274442District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$19.6 M
Aug 2013 – May 2026
Value, last 12 filed months
$299 k
at the published price for each month
Months reported
154
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
CondensateDisposition148,273 bbl$10,948,120
GasProduction2,451,583 Mcf$8,654,645
Total$19,602,764

Every month this lease reported (154)

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

154 months

May 20261303,229106.413.05$23,668
Apr 20261393,33898.932.87$23,330
Mar 20261293,66489.753.15$23,117
Feb 20261343,79363.503.75$22,734
Jan 20261584,11259.138.00$42,230
Dec 20251604,11256.664.41$27,213
Nov 20251384,23858.593.93$24,726
Oct 20251314,94359.383.30$24,115
Sep 20251284,37262.743.08$21,483
Aug 20251794,41463.933.01$24,751
Jul 20251103,99166.743.32$20,572
Jun 20251124,46466.483.13$21,412
May 20251041,33760.553.23$10,619
Apr 20251922,76162.363.54$21,756
Mar 20251473,94567.704.27$26,790
Feb 20251533,63670.884.34$26,628
Jan 20251704,63774.324.28$32,475
Dec 20241252,83368.993.12$17,467
Nov 20242092,76969.052.20$20,519
Oct 20242183,66271.372.28$23,913
Sep 20241333,51869.612.36$17,576
Aug 20241633,74875.632.06$20,062
Jul 20241313,61479.932.15$18,229
Jun 20242183,38478.082.63$25,935
May 20241523,46678.812.20$19,599
Apr 20241433,35584.451.66$17,643
Mar 20241943,75480.301.55$21,379
Feb 20241913,61876.091.78$20,986
Jan 20241783,82873.023.30$25,621
Dec 20231813,85971.262.61$22,973
Nov 20231413,96477.892.81$22,112
Oct 20231893,86385.443.09$28,074
Sep 20231863,86089.042.74$27,119
Aug 20231944,07380.522.67$26,508
Jul 20232154,02674.852.64$26,729
Jun 20232183,89568.962.26$23,830
May 20231644,09870.622.23$20,710
Apr 20231394,23878.122.24$20,342
Mar 20232544,47472.852.39$29,211
Feb 20232143,93375.112.47$25,771
Jan 20232454,51276.533.39$34,035
Dec 20222114,27376.415.73$40,603
Nov 20222124,10785.005.65$41,209
Oct 20222144,34787.185.86$44,146
Sep 20223454,29684.888.16$64,355
Aug 20223784,66794.529.13$78,325
Jul 20223394,717101.587.54$70,012
Jun 20223994,862115.097.98$84,706
May 20223135,411109.378.43$79,864
Apr 20221383,338104.226.84$37,206
Mar 20222583,061108.885.08$43,630
Feb 20222674,60391.054.86$46,676
Jan 20222465,45681.844.54$44,890
Dec 20213155,59871.323.90$44,293
Nov 20213215,42577.435.24$53,265
Oct 20213155,43279.795.71$56,172
Sep 20213615,32569.865.35$53,713
Aug 20213185,52766.024.22$44,322
Jul 20213665,60270.783.98$48,213
Jun 20212785,46669.493.38$37,797
May 20212415,65363.483.02$32,358
Apr 20212845,57060.362.76$32,507
Mar 20212255,43161.302.72$28,548
Feb 20212495,67157.805.55$45,855
Jan 20213216,32650.412.81$33,959
Dec 20202826,28744.642.68$29,409
Nov 20202786,40638.772.71$28,116
Oct 20202487,49336.972.48$27,739
Sep 20202117,37537.091.99$22,510
Aug 20202127,56039.982.39$26,507
Jul 20202127,31638.371.83$21,487
Jun 20202016,32534.901.69$17,706
May 20201086,35616.921.81$13,362
Apr 20201797,01914.751.80$15,305
Mar 20202057,36430.341.86$19,889
Feb 20201976,58649.881.98$22,871
Jan 20201867,18357.252.09$25,695
Dec 20191776,99259.012.30$26,557
Nov 20191756,96855.302.75$28,844
Oct 20191447,47653.472.42$25,781
Sep 2019906,22855.052.66$21,504
Aug 20191587,63453.112.30$25,983
Jul 20192627,84456.272.46$34,039
Jun 20191626,89852.782.49$25,735
May 20192567,94958.482.74$36,754
Apr 20192587,94362.632.75$38,007
Mar 20192718,31656.803.06$40,857
Feb 20192188,12950.852.79$33,783
Jan 20191392,42846.033.23$14,236
Dec 201836011,71446.594.19$65,801
Nov 201829010,66252.934.24$60,527
Oct 201836812,38661.443.40$64,699
Sep 201835511,28059.543.11$56,195
Aug 201842413,05759.403.07$65,226
Jul 201846612,42265.142.93$66,775
Jun 201866612,55660.183.08$78,714
May 201882312,83965.382.90$91,051
Apr 201878413,54563.842.90$89,342
Mar 201896813,99661.222.79$98,266
Feb 201883212,18861.782.77$85,114
Jan 201876212,46862.874.01$97,895
Dec 201766613,56457.272.92$77,769
Nov 201761212,82955.423.12$73,922
Oct 201761913,81349.292.98$71,724
Sep 201790413,98947.523.09$86,146
Aug 20171,20414,96845.373.00$99,595
Jul 20171,25615,56143.873.09$103,142
Jun 20171,10815,15942.493.09$93,879
May 20171,23716,16145.373.26$108,863
Apr 20171,37016,04447.933.21$117,191
Mar 20171,09316,54246.772.98$100,476
Feb 20171,07915,96450.452.95$101,571
Jan 20171,04817,05249.413.42$110,079
Dec 20161,06618,15148.763.72$119,551
Nov 201699018,37242.492.64$90,647
Oct 20161,18719,74246.193.09$115,835
Sep 20161,21919,62041.553.10$111,484
Aug 20161,25320,66841.442.92$112,365
Jul 20161,36121,82641.622.92$120,471
Jun 20161,28621,36245.352.69$115,695
May 20161,38023,11442.521.99$104,699
Apr 20161,20523,33136.561.99$90,508
Mar 20161,25226,26533.011.79$88,448
Feb 20161,24824,35626.472.06$83,296
Jan 20161,48327,94527.352.36$106,632
Dec 20151,64930,65332.362.00$114,711
Nov 20151,77833,57438.792.17$141,735
Oct 20151,62238,72943.552.43$164,617
Sep 201576634,44042.992.76$127,930
Aug 201583533,87840.162.87$130,848
Jul 20151,00536,12348.152.95$154,776
Jun 20151,25537,51356.152.88$178,613
May 20151,65440,23355.212.96$210,224
Apr 20152,02736,68249.822.71$200,268
Mar 20151,85033,40542.892.93$177,380
Feb 20150044.662.98$0
Jan 20152,41934,62243.433.10$212,407
Dec 20143,00941,89854.693.59$315,033
Nov 20142,67543,67570.464.25$374,180
Oct 20142,91148,34578.303.90$416,523
Sep 20143,81649,92186.164.05$530,739
Aug 20144,19855,94589.394.04$601,004
Jul 20144,35858,39596.564.18$664,876
Jun 201496111,29598.164.74$147,835
May 20146,60865,52894.734.73$935,698
Apr 20144,97273,93295.944.81$832,562
Mar 20141,41520,80895.895.06$240,906
Feb 20142,80366,86097.406.19$687,009
Jan 20142,47277,09390.404.86$598,196
Dec 20136,58781,07991.824.35$957,875
Nov 20136,58180,76188.853.74$886,629
Oct 20137,29085,02297.423.78$1,031,521
Sep 20139,85990,628104.113.72$1,363,352
Aug 20138,12271,466104.253.52$1,098,465

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           130 bbl  × $106.41 =    $13,833
Gas                3,229 Mcf  × $  3.05 =     $9,835

────────────────────────────────────────────────────
Month total                                  $23,668

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/274442 is the state's own key, not one this site invented.