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 274517District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$8.0 M
Mar 2014 – May 2026
Value, last 12 filed months
$97 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
CondensateDisposition52,536 bbl$3,647,321
GasProduction1,221,079 Mcf$4,309,089
Total$7,956,410

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 202640106.413.05$426
Apr 20263058698.932.87$4,650
Mar 2026371,48489.753.15$7,995
Feb 2026451,47063.503.75$8,370
Jan 2026511,45659.138.00$14,661
Dec 20255541656.664.41$4,952
Nov 2025481,70858.593.93$9,519
Oct 2025471,81859.383.30$8,799
Sep 2025391,87162.743.08$8,204
Aug 2025582,26663.933.01$10,539
Jul 2025342,01266.743.32$8,939
Jun 2025422,17366.483.13$9,591
May 2025522,19460.553.23$10,240
Apr 2025552,01962.363.54$10,583
Mar 2025652,05867.704.27$13,185
Feb 2025571,52170.884.34$10,643
Jan 2025632,00874.324.28$13,274
Dec 2024802,12168.993.12$12,140
Nov 2024602,11469.052.20$8,791
Oct 2024722,17071.372.28$10,089
Sep 2024481,96169.612.36$7,978
Aug 2024562,06375.632.06$8,493
Jul 2024572,07179.932.15$9,002
Jun 2024551,96378.082.63$9,465
May 2024682,12178.812.20$10,022
Apr 2024672,03084.451.66$9,026
Mar 2024742,08980.301.55$9,170
Feb 2024921,91076.091.78$10,407
Jan 2024691,77473.023.30$10,888
Dec 2023702,24271.262.61$10,841
Nov 2023622,12277.892.81$10,787
Oct 2023782,14185.443.09$13,274
Sep 2023712,12789.042.74$12,139
Aug 2023752,23280.522.67$12,005
Jul 2023812,30074.852.64$12,139
Jun 2023802,20268.962.26$10,490
May 2023692,22570.622.23$9,829
Apr 2023832,20478.122.24$11,416
Mar 2023972,21172.852.39$12,358
Feb 2023882,04075.112.47$11,640
Jan 2023952,18076.533.39$14,656
Dec 2022832,16576.415.73$18,745
Nov 2022862,20885.005.65$19,777
Oct 2022692,35787.185.86$19,836
Sep 20221072,47784.888.16$29,304
Aug 2022912,63694.529.13$32,661
Jul 2022852,640101.587.54$28,545
Jun 2022972,660115.097.98$32,383
May 2022932,757109.378.43$33,421
Apr 2022912,732104.226.84$28,164
Mar 20221112,874108.885.08$26,675
Feb 2022842,52291.054.86$19,902
Jan 2022933,06081.844.54$21,496
Dec 2021952,91271.323.90$18,130
Nov 2021902,52177.435.24$20,171
Oct 2021742,48179.795.71$20,081
Sep 2021802,39569.865.35$18,404
Aug 20211002,58466.024.22$17,508
Jul 2021942,60770.783.98$17,035
Jun 20211022,53669.493.38$15,661
May 2021922,64563.483.02$13,822
Apr 2021922,60160.362.76$12,728
Mar 2021852,60761.302.72$12,294
Feb 2021912,37857.805.55$18,453
Jan 20211232,77750.412.81$14,005
Dec 20201193,17344.642.68$13,801
Nov 20201112,70538.772.71$11,625
Oct 20201083,22536.972.48$11,986
Sep 2020883,17537.091.99$9,585
Aug 2020893,29139.982.39$11,408
Jul 20201063,38538.371.83$10,245
Jun 20201483,31034.901.69$10,760
May 20201103,52516.921.81$8,258
Apr 20201383,36114.751.80$8,100
Mar 20201673,74830.341.86$12,024
Feb 20201503,65749.881.98$14,725
Jan 20201603,99157.252.09$17,520
Dec 20191684,11959.012.30$19,405
Nov 20191703,91455.302.75$20,167
Oct 2019983,83353.472.42$14,510
Sep 2019993,88855.052.66$15,781
Aug 20191234,18753.112.30$16,181
Jul 20191124,43756.272.46$17,218
Jun 20191114,77152.782.49$17,744
May 20191325,00558.482.74$21,435
Apr 20191474,78962.632.75$22,380
Mar 20192154,66756.803.06$26,503
Feb 20192403,90450.852.79$23,105
Jan 20192414,58946.033.23$25,907
Dec 20182134,64646.594.19$29,369
Nov 20182214,31852.934.24$29,994
Oct 20182534,77761.443.40$31,777
Sep 20182014,74859.543.11$26,724
Aug 20182014,98459.403.07$27,223
Jul 20181705,03165.142.93$25,824
Jun 20181725,11860.183.08$26,099
May 20183466,43765.382.90$41,294
Apr 20182545,59263.842.90$32,437
Mar 20182856,69161.222.79$36,094
Feb 20183315,75361.782.77$36,363
Jan 20183816,36462.874.01$49,469
Dec 20172336,46257.272.92$32,223
Nov 20172037,65655.423.12$35,124
Oct 20172828,80349.292.98$40,165
Sep 20172288,19647.523.09$36,138
Aug 20171898,84245.373.00$35,140
Jul 201723310,42943.873.09$42,419
Jun 20173509,19942.493.09$43,271
May 20172737,54345.373.26$37,002
Apr 20173688,23147.933.21$44,073
Mar 20174438,61346.772.98$46,418
Feb 20173277,70450.452.95$39,244
Jan 20174288,96049.413.42$51,780
Dec 20164629,25348.763.72$56,974
Nov 20163808,57442.492.64$38,819
Oct 20164239,80246.193.09$49,829
Sep 20164019,49141.553.10$46,090
Aug 201644110,22641.442.92$48,179
Jul 201638410,44941.622.92$46,539
Jun 20163259,17945.352.69$39,392
May 201647010,52242.521.99$40,934
Apr 201640410,09836.561.99$34,876
Mar 201643410,01133.011.79$32,286
Feb 201647010,41626.472.06$33,936
Jan 201660912,43427.352.36$46,055
Dec 201567013,50032.362.00$48,700
Nov 201570514,28238.792.17$58,301
Oct 201562115,73643.552.43$65,229
Sep 201532217,29942.992.76$61,561
Aug 201535718,29540.162.87$66,889
Jul 201544120,35248.152.95$81,172
Jun 201548922,64856.152.88$92,748
May 201559025,27355.212.96$107,267
Apr 201569727,02249.822.71$107,861
Mar 201579123,27242.892.93$102,223
Feb 201536916,14444.662.98$64,527
Jan 20151,22937,41943.433.10$169,398
Dec 20141,93529,31254.693.59$211,095
Nov 20141,99743,99270.464.25$327,756
Oct 20141,28726,48278.303.90$204,077
Sep 20142,11436,98386.164.05$331,755
Aug 20142,54042,62089.394.04$399,027
Jul 20142,72949,03296.564.18$468,446
Jun 20143,24256,83298.164.74$587,441
May 20144,76168,25194.734.73$773,602
Apr 20143,59175,49795.944.81$707,595
Mar 20141,18422,83095.895.06$228,981

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             4 bbl  × $106.41 =       $426
Gas                    0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                     $426

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/274517 is the state's own key, not one this site invented.