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 274492District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$9.1 M
Mar 2014 – May 2026
Value, last 12 filed months
$145 k
at the published price for each month
Months reported
147
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
CondensateDisposition58,076 bbl$3,915,650
GasProduction1,509,938 Mcf$5,179,723
Total$9,095,372

Every month this lease reported (147)

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

147 months

May 20269526106.413.05$10,188
Apr 2026761198.932.87$2,446
Mar 2026231,71589.753.15$7,466
Feb 2026481,92963.503.75$10,282
Jan 2026572,12859.138.00$20,390
Dec 2025601,48056.664.41$9,931
Nov 2025541,94158.593.93$10,785
Oct 2025511,98659.383.30$9,592
Sep 20251132,62062.743.08$15,151
Aug 20251602,53363.933.01$17,865
Jul 20251032,51466.743.32$15,209
Jun 20251052,67266.483.13$15,340
May 20251452,68760.553.23$17,465
Apr 20251652,36262.363.54$18,658
Mar 20251152,38767.704.27$17,974
Feb 2025622,15770.884.34$13,758
Jan 2025692,29874.324.28$14,960
Dec 2024732,36268.993.12$12,409
Nov 2024532,20069.052.20$8,496
Oct 2024252,30671.372.28$7,045
Sep 2024632,43369.612.36$10,138
Aug 2024772,84475.632.06$11,692
Jul 2024682,38379.932.15$10,551
Jun 2024692,39378.082.63$11,691
May 2024862,41078.812.20$12,076
Apr 2024902,41384.451.66$11,604
Mar 20241012,59780.301.55$12,123
Feb 2024912,63476.091.78$11,622
Jan 2024612,23773.023.30$11,831
Dec 2023411,54671.262.61$6,958
Nov 2023752,52877.892.81$12,939
Oct 2023912,70185.443.09$16,114
Sep 2023962,67989.042.74$15,875
Aug 2023972,83480.522.67$15,385
Jul 2023922,85074.852.64$14,415
Jun 20231052,81468.962.26$13,596
May 2023923,02270.622.23$13,228
Apr 20231203,14178.122.24$16,403
Mar 20231332,87472.852.39$16,567
Feb 2023972,16275.112.47$12,616
Jan 20231052,38376.533.39$16,109
Dec 2022912,39876.415.73$20,692
Nov 2022942,32085.005.65$21,089
Oct 20221002,32187.185.86$22,328
Sep 2022691,67984.888.16$19,564
Aug 20221162,15294.529.13$30,606
Jul 20221052,191101.587.54$27,191
Jun 20221202,088115.097.98$30,467
May 20221212,389109.378.43$33,380
Apr 2022932,191104.226.84$24,674
Mar 20221052,277108.885.08$22,991
Feb 2022922,04691.054.86$18,318
Jan 2022872,24781.844.54$17,316
Dec 2021882,30571.323.90$15,264
Nov 2021752,33077.435.24$18,009
Oct 2021873,00679.795.71$24,118
Sep 2021923,04069.865.35$22,694
Aug 20211123,27766.024.22$21,225
Jul 20211033,26470.783.98$20,288
Jun 2021653,06069.493.38$14,862
May 20211053,17063.483.02$16,231
Apr 20211153,05060.362.76$15,355
Mar 20211053,12361.302.72$14,922
Feb 20211022,73257.805.55$21,053
Jan 20211423,59350.412.81$17,256
Dec 20201313,67944.642.68$15,691
Nov 20201243,61038.772.71$14,578
Oct 20201163,97836.972.48$14,148
Sep 2020844,35137.091.99$11,779
Aug 2020814,46939.982.39$13,897
Jul 2020883,99538.371.83$10,668
Jun 20201154,03434.901.69$10,832
May 2020833,09916.921.81$7,028
Apr 20202174,11214.751.80$10,620
Mar 20201283,89430.341.86$11,112
Feb 20201474,03649.881.98$15,326
Jan 20201464,49657.252.09$17,776
Dec 20191464,55359.012.30$19,107
Nov 20191614,02255.302.75$19,967
Oct 20191194,71753.472.42$17,771
Sep 20191124,21555.052.66$17,366
Aug 20191054,27253.112.30$15,421
Jul 20191054,89056.272.46$17,938
Jun 20191075,43052.782.49$19,175
May 20191325,97558.482.74$24,093
Apr 20191585,81562.632.75$25,891
Mar 20191907,66956.803.06$34,275
Feb 20191838,62650.852.79$33,391
Jan 20192455,83046.033.23$30,098
Dec 20182176,14246.594.19$35,817
Nov 20182277,42652.934.24$43,481
Oct 20182507,83661.443.40$41,987
Sep 20181816,34759.543.11$30,503
Aug 20181166,76659.403.07$27,639
Jul 20181687,01265.142.93$31,502
Jun 20181546,84360.183.08$30,323
May 20182587,89865.382.90$39,779
Apr 20182507,27963.842.90$37,075
Mar 20181207,92061.222.79$29,418
Feb 201833211,96061.782.77$53,594
Jan 201824211,06262.874.01$59,566
Dec 201725412,82257.272.92$52,006
Nov 201717312,81155.423.12$49,537
Oct 201718817,30749.292.98$60,905
Sep 201720911,69147.523.09$46,025
Aug 201715412,93845.373.00$45,858
Jul 201725815,60043.873.09$59,480
Jun 201737111,87742.493.09$52,431
May 20172969,95245.373.26$45,907
Apr 201739010,03447.933.21$50,918
Mar 201741910,68146.772.98$51,465
Feb 201740011,83950.452.95$55,136
Jan 201744513,95449.413.42$69,693
Dec 201644211,75948.763.72$65,329
Nov 201644012,93542.492.64$52,900
Oct 201647914,28046.193.09$66,254
Sep 201647613,17941.553.10$60,641
Aug 201652013,66141.442.92$61,498
Jul 201656214,24241.622.92$65,039
Jun 201657012,24845.352.69$58,746
May 201662213,51542.521.99$53,356
Apr 201678514,64136.561.99$57,850
Mar 201670314,62733.011.79$49,447
Feb 201679515,85526.472.06$53,763
Jan 201676418,22527.352.36$63,986
Dec 201586419,69532.362.00$67,377
Nov 201579520,53338.792.17$75,340
Oct 201575522,79743.552.43$88,199
Sep 201544424,34742.992.76$86,247
Aug 201555627,35640.162.87$100,909
Jul 201567129,66348.152.95$119,669
Jun 201571630,34056.152.88$127,669
May 201595926,31555.212.96$130,719
Apr 20151,11429,04849.822.71$134,120
Mar 20151,25335,72342.892.93$158,578
Feb 201541818,22144.662.98$72,897
Jan 20151,58436,67043.433.10$182,493
Dec 20141,91941,95554.693.59$255,626
Nov 20142,08250,88070.464.25$363,031
Oct 20141,13623,72578.303.90$181,499
Sep 20142,39846,33286.164.05$394,045
Aug 20142,69552,90089.394.04$454,364
Jul 20142,80958,24196.564.18$514,661
Jun 20143,21861,86998.164.74$608,945
May 20144,64569,49994.734.73$768,512
Apr 20143,49672,90595.944.81$686,015
Mar 20141,27924,95295.895.06$248,821

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            95 bbl  × $106.41 =    $10,109
Gas                   26 Mcf  × $  3.05 =        $79

────────────────────────────────────────────────────
Month total                                  $10,188

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/274492 is the state's own key, not one this site invented.