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 274526District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$7.7 M
Mar 2014 – May 2026
Value, last 12 filed months
$47 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
CondensateDisposition49,667 bbl$3,519,670
GasProduction1,175,951 Mcf$4,206,377
Total$7,726,046

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 2026210106.413.05$2,235
Apr 2026813198.932.87$1,167
Mar 20261554789.753.15$3,069
Feb 20261662763.503.75$3,367
Jan 20263060859.138.00$6,637
Dec 20252793956.664.41$5,674
Nov 2025251,04858.593.93$5,580
Oct 20252496659.383.30$4,618
Sep 20252366762.743.08$3,495
Aug 20253055963.933.01$3,603
Jul 20252168966.743.32$3,686
Jun 20252767466.483.13$3,904
May 20252899860.553.23$4,921
Apr 2025291,00562.363.54$5,369
Mar 2025381,00767.704.27$6,871
Feb 20252958770.884.34$4,604
Jan 20253295074.324.28$6,443
Dec 2024421,15668.993.12$6,506
Nov 2024301,13669.052.20$4,569
Oct 2024331,16371.372.28$5,008
Sep 2024241,37969.612.36$4,931
Aug 2024271,27075.632.06$4,663
Jul 2024311,21579.932.15$5,086
Jun 2024321,22478.082.63$5,723
May 2024421,15278.812.20$5,843
Apr 2024431,13684.451.66$5,516
Mar 2024441,27080.301.55$5,496
Feb 2024451,22876.091.78$5,614
Jan 2024361,29973.023.30$6,912
Dec 20233095971.262.61$4,641
Nov 2023321,26177.892.81$6,033
Oct 2023421,46085.443.09$8,096
Sep 2023391,83489.042.74$8,489
Aug 2023411,79380.522.67$8,094
Jul 2023371,80374.852.64$7,533
Jun 2023401,58468.962.26$6,336
May 2023381,40670.622.23$5,815
Apr 2023471,37778.122.24$6,753
Mar 2023561,50472.852.39$7,679
Feb 2023841,69275.112.47$10,481
Jan 2023582,28476.533.39$12,176
Dec 2022502,43176.415.73$17,748
Nov 2022522,20485.005.65$16,864
Oct 2022392,15287.185.86$16,019
Sep 2022611,89384.888.16$20,632
Aug 2022472,13094.529.13$23,883
Jul 2022482,137101.587.54$20,993
Jun 2022542,086115.097.98$22,855
May 2022602,080109.378.43$24,103
Apr 2022482,341104.226.84$21,009
Mar 2022642,071108.885.08$17,482
Feb 2022471,43291.054.86$11,237
Jan 2022512,24781.844.54$14,370
Dec 2021562,11571.323.90$12,241
Nov 2021451,47177.435.24$11,188
Oct 2021461,79579.795.71$13,927
Sep 2021321,27369.865.35$9,047
Aug 2021421,37566.024.22$8,576
Jul 2021431,41270.783.98$8,666
Jun 2021511,52369.493.38$8,693
May 2021591,58463.483.02$8,525
Apr 2021811,51060.362.76$9,054
Mar 2021611,74861.302.72$8,489
Feb 2021561,61957.805.55$12,219
Jan 2021882,11650.412.81$10,383
Dec 2020712,97244.642.68$11,121
Nov 2020683,23038.772.71$11,379
Oct 2020552,83236.972.48$9,052
Sep 2020503,19237.091.99$8,210
Aug 2020492,52339.982.39$7,977
Jul 2020582,57638.371.83$6,927
Jun 2020812,29834.901.69$6,711
May 2020602,48516.921.81$5,525
Apr 2020802,71714.751.80$6,083
Mar 20201092,91730.341.86$8,722
Feb 2020893,35449.881.98$11,082
Jan 20201013,67357.252.09$13,476
Dec 2019863,56959.012.30$13,299
Nov 2019943,13155.302.75$13,811
Oct 2019782,89353.472.42$11,168
Sep 2019812,97555.052.66$12,364
Aug 2019852,95353.112.30$11,319
Jul 2019683,06456.272.46$11,364
Jun 2019653,28152.782.49$11,604
May 2019763,46358.482.74$13,934
Apr 2019643,44162.632.75$13,473
Mar 20191273,62656.803.06$18,317
Feb 20191493,86950.852.79$18,380
Jan 20191393,95746.033.23$19,172
Dec 20181474,51946.594.19$25,763
Nov 20181384,23152.934.24$25,232
Oct 20181644,35261.443.40$24,865
Sep 20181304,03159.543.11$20,269
Aug 20181234,72959.403.07$21,808
Jul 20181225,62565.142.93$24,439
Jun 20182033,83260.183.08$24,007
May 20181832,78665.382.90$20,046
Apr 20181782,91663.842.90$19,822
Mar 20182082,58661.222.79$19,941
Feb 20182544,11361.782.77$27,069
Jan 20182345,02962.874.01$34,874
Dec 20171555,21657.272.92$24,116
Nov 20171345,66355.423.12$25,086
Oct 20171456,81149.292.98$27,469
Sep 20171456,17547.523.09$25,954
Aug 20171536,47945.373.00$26,407
Jul 20171677,38043.873.09$30,110
Jun 20172487,00242.493.09$32,155
May 20172176,27545.373.26$30,323
Apr 20172706,35447.933.21$33,348
Mar 20173056,49846.772.98$33,653
Feb 20172746,16050.452.95$32,011
Jan 20173326,94849.413.42$40,158
Dec 20163777,74948.763.72$47,231
Nov 20163107,55842.492.64$33,158
Oct 20163077,79746.193.09$38,275
Sep 20163037,82141.553.10$36,840
Aug 201635810,56141.442.92$45,719
Jul 20162245,38341.622.92$25,065
Jun 20163009,02445.352.69$37,842
May 20163719,56642.521.99$34,821
Apr 20163849,95736.561.99$33,864
Mar 201642110,79233.011.79$33,258
Feb 201644411,01426.472.06$34,482
Jan 201656913,02727.352.36$46,363
Dec 201561414,58032.362.00$49,050
Nov 201570415,77238.792.17$61,491
Oct 201563517,71143.552.43$70,631
Sep 201535118,74842.992.76$66,804
Aug 201538421,27540.162.87$76,534
Jul 201549423,79548.152.95$93,864
Jun 201570926,63856.152.88$116,604
May 201580730,35455.212.96$134,264
Apr 201593731,22449.822.71$131,191
Mar 20151,19130,19342.892.93$139,690
Feb 201553612,09844.662.98$59,944
Jan 20151,58329,20143.433.10$159,291
Dec 20142,06538,85954.693.59$252,492
Nov 20142,10247,10670.464.25$348,394
Oct 20141,10023,08378.303.90$176,176
Sep 20142,23141,58886.164.05$360,465
Aug 20142,66849,98289.394.04$440,176
Jul 20142,90258,62796.564.18$525,255
Jun 20143,45765,74098.164.74$650,742
May 20144,99375,46694.734.73$829,681
Apr 20143,67478,72895.944.81$731,096
Mar 20141,87323,90195.895.06$300,465

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            21 bbl  × $106.41 =     $2,235
Gas                    0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                   $2,235

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/274526 is the state's own key, not one this site invented.