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 274487District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$11.3 M
Feb 2014 – May 2026
Value, last 12 filed months
$146 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
CondensateDisposition75,635 bbl$5,536,750
GasProduction1,534,742 Mcf$5,736,336
Total$11,273,086

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 202650106.413.05$532
Apr 20267866598.932.87$9,625
Mar 20261401,41789.753.15$17,028
Feb 20261471,32863.503.75$14,315
Jan 20261241,45859.138.00$18,993
Dec 20251291,51456.664.41$13,991
Nov 20251371,58758.593.93$14,258
Oct 20251081,52159.383.30$11,440
Sep 20251021,47362.743.08$10,932
Aug 20251511,60063.933.01$14,477
Jul 20251122,20366.743.32$14,778
Jun 20255970666.483.13$6,131
May 20251251,41960.553.23$12,155
Apr 20251431,58462.363.54$14,530
Mar 20251511,55167.704.27$16,843
Feb 20251291,38270.884.34$15,143
Jan 20251431,63274.324.28$17,611
Dec 20241591,71568.993.12$16,323
Nov 20241271,71769.052.20$12,544
Oct 20241481,86771.372.28$14,822
Sep 2024941,85269.612.36$10,922
Aug 2024531,99675.632.06$8,127
Jul 2024512,03779.932.15$8,449
Jun 2024832,11578.082.63$12,052
May 2024901,67478.812.20$10,773
Apr 20245598984.451.66$6,286
Mar 20244080.301.55$321
Feb 2024761,49976.091.78$8,457
Jan 2024512273.023.30$767
Dec 20231825571.262.61$1,948
Nov 20232235177.892.81$2,699
Oct 20233238385.443.09$3,917
Sep 20232737989.042.74$3,441
Aug 20232038980.522.67$2,650
Jul 20232219174.852.64$2,151
Jun 20231636368.962.26$1,923
May 20231613370.622.23$1,426
Apr 20231716078.122.24$1,686
Mar 2023106372.852.39$879
Feb 20231963675.112.47$2,995
Jan 2023891,31376.533.39$11,259
Dec 20221945776.415.73$4,070
Nov 2022781,51185.005.65$15,161
Oct 2022581,42787.185.86$13,424
Sep 2022641,41084.888.16$16,943
Aug 2022661,54194.529.13$20,303
Jul 2022671,557101.587.54$18,549
Jun 2022741,504115.097.98$20,514
May 2022661,500109.378.43$19,868
Apr 2022611,347104.226.84$15,568
Mar 20221022,084108.885.08$21,685
Feb 20221313,12891.054.86$27,126
Jan 20221453,04981.844.54$25,702
Dec 20211423,47371.323.90$23,669
Nov 20211383,45877.435.24$28,794
Oct 20211213,61879.795.71$30,327
Sep 20211273,52269.865.35$27,718
Aug 20211593,64666.024.22$25,885
Jul 20211503,63870.783.98$25,104
Jun 20211553,50769.493.38$22,627
May 20211473,64363.483.02$20,325
Apr 20212073,48760.362.76$22,113
Mar 20211023,60561.302.72$16,047
Feb 20211563,26857.805.55$27,148
Jan 20211943,70050.412.81$20,178
Dec 20201743,84044.642.68$18,041
Nov 20201623,64738.772.71$16,152
Oct 20201423,82136.972.48$14,720
Sep 20201183,69737.091.99$11,737
Aug 20201243,85739.982.39$14,157
Jul 20201514,11938.371.83$13,312
Jun 20202164,16634.901.69$14,580
May 20201614,38016.921.81$10,673
Apr 20202083,79514.751.80$9,916
Mar 20202164,12330.341.86$14,207
Feb 20202043,60149.881.98$17,308
Jan 20202163,83857.252.09$20,406
Dec 20192293,86259.012.30$22,413
Nov 20192523,44755.302.75$23,417
Oct 20191864,95853.472.42$21,937
Sep 20191744,82755.052.66$22,405
Aug 20192185,39453.112.30$24,008
Jul 20194287656.272.46$4,518
Jun 20191152.782.49$55
May 20190058.482.74$0
Apr 201913062.632.75$814
Mar 20191945,28156.803.06$27,190
Feb 20192025,53650.852.79$25,729
Jan 20192426,03746.033.23$30,628
Dec 20182076,23246.594.19$35,728
Nov 20182066,18452.934.24$37,107
Oct 20182536,52961.443.40$37,730
Sep 20181666,50059.543.11$30,086
Aug 20182486,83859.403.07$35,700
Jul 20181866,40065.142.93$30,880
Jun 20182116,41060.183.08$32,421
May 20182976,35565.382.90$37,852
Apr 20182995,93663.842.90$36,307
Mar 20182986,07461.222.79$35,171
Feb 20184214,93261.782.77$39,652
Jan 20184916,09762.874.01$55,314
Dec 20172376,42157.272.92$32,332
Nov 20171796,53855.423.12$30,308
Oct 20172096,58549.292.98$29,949
Sep 20175741547.523.09$3,990
Aug 201720445.373.00$919
Jul 20172137,72443.873.09$33,190
Jun 20173609,82342.493.09$45,623
May 20172747,10645.373.26$35,621
Apr 20173647,87747.933.21$42,744
Mar 20174068,90546.772.98$45,558
Feb 20173588,41550.452.95$42,907
Jan 20174259,36049.413.42$52,999
Dec 201649810,34548.763.72$62,795
Nov 20164319,89242.492.64$44,471
Oct 201644010,93346.193.09$54,109
Sep 20163819,90841.553.10$46,552
Aug 201644513,20641.442.92$57,060
Jul 20162317,90041.622.92$32,717
Jun 20163459,97845.352.69$42,445
May 201647212,51042.521.99$44,977
Apr 201648512,90936.561.99$43,434
Mar 201652113,77233.011.79$41,905
Feb 201652511,90126.472.06$38,456
Jan 201665715,44127.352.36$54,477
Dec 201582317,79932.362.00$62,255
Nov 201586818,66138.792.17$74,114
Oct 201586720,61143.552.43$87,772
Sep 201564321,84742.992.76$87,906
Aug 201567124,78140.162.87$98,131
Jul 201574527,06348.152.95$115,574
Jun 201581129,18156.152.88$129,662
May 201587232,41055.212.96$143,929
Apr 201597236,06849.822.71$146,046
Mar 20151,21233,31942.892.93$149,764
Feb 20151,32630,69044.662.98$150,558
Jan 20151,82237,65443.433.10$195,881
Dec 20142,06542,25454.693.59$264,684
Nov 20141,81445,24770.464.25$320,197
Oct 20142,30152,50078.303.90$384,969
Sep 20143,35751,99586.164.05$499,582
Aug 20142,91051,38689.394.04$467,474
Jul 20143,48363,78396.564.18$602,906
Jun 20144,18770,13998.164.74$743,236
May 20146,30580,51094.734.73$977,808
Apr 20144,77286,55995.944.81$874,098
Mar 20145,98498,72995.895.06$1,073,059
Feb 20145,19973,77997.406.19$963,222

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             5 bbl  × $106.41 =       $532
Gas                    0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                     $532

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/274487 is the state's own key, not one this site invented.