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 274597District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$8.5 M
Mar 2014 – May 2026
Value, last 12 filed months
$134 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
CondensateDisposition54,962 bbl$3,743,356
GasProduction1,353,219 Mcf$4,718,678
Total$8,462,034

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 202660106.413.05$638
Apr 2026341,20398.932.87$6,816
Mar 2026411,34189.753.15$7,903
Feb 2026611,56363.503.75$9,735
Jan 2026692,67459.138.00$25,466
Dec 2025582,13256.664.41$12,696
Nov 2025662,37258.593.93$13,180
Oct 2025802,16959.383.30$11,919
Sep 2025602,43962.743.08$11,269
Aug 2025701,93163.933.01$10,297
Jul 2025612,24266.743.32$11,504
Jun 20251441,01466.483.13$12,746
May 2025621,85360.553.23$9,744
Apr 2025691,95562.363.54$11,230
Mar 2025732,00867.704.27$13,513
Feb 2025641,87370.884.34$12,667
Jan 2025651,46374.324.28$11,091
Dec 2024782,06868.993.12$11,836
Nov 2024632,09769.052.20$8,960
Oct 2024662,19771.372.28$9,723
Sep 2024361,61369.612.36$6,320
Aug 2024431,45575.632.06$6,255
Jul 2024612,06279.932.15$9,302
Jun 2024652,32778.082.63$11,204
May 2024762,29778.812.20$11,039
Apr 2024782,20384.451.66$10,242
Mar 2024922,41080.301.55$11,111
Feb 2024922,41576.091.78$11,308
Jan 2024712,24373.023.30$12,581
Dec 2023401,41871.262.61$6,552
Nov 2023592,13477.892.81$10,587
Oct 2023822,31485.443.09$14,150
Sep 2023752,36489.042.74$13,144
Aug 2023842,51780.522.67$13,491
Jul 2023762,58574.852.64$12,518
Jun 2023872,60568.962.26$11,883
May 2023602,29970.622.23$9,358
Apr 2023792,25278.122.24$11,211
Mar 2023451,53572.852.39$6,952
Feb 2023701,66975.112.47$9,373
Jan 2023952,14076.533.39$14,520
Dec 2022821,21876.415.73$13,244
Nov 2022832,08785.005.65$18,839
Oct 2022662,17687.185.86$18,513
Sep 2022762,13684.888.16$23,889
Aug 2022732,12494.529.13$26,286
Jul 2022742,152101.587.54$23,747
Jun 2022832,130115.097.98$26,544
May 2022782,228109.378.43$27,320
Apr 2022632,115104.226.84$21,027
Mar 2022772,217108.885.08$19,638
Feb 2022651,90291.054.86$15,160
Jan 2022762,48681.844.54$17,501
Dec 2021792,55671.323.90$15,600
Nov 2021812,49877.435.24$19,353
Oct 2021682,51179.795.71$19,773
Sep 2021732,41569.865.35$18,022
Aug 2021872,53166.024.22$16,426
Jul 2021832,55770.783.98$16,057
Jun 2021822,46169.493.38$14,018
May 2021782,55063.483.02$12,647
Apr 2021862,37960.362.76$11,753
Mar 2021953,00061.302.72$13,974
Feb 20211083,07457.805.55$23,297
Jan 20211283,71750.412.81$16,898
Dec 20201174,03344.642.68$16,013
Nov 20201103,91838.772.71$14,869
Oct 20201003,79136.972.48$13,093
Sep 2020824,19537.091.99$11,394
Aug 2020824,64139.982.39$14,348
Jul 2020772,89738.371.83$8,242
Jun 20201283,64734.901.69$10,632
May 2020993,84916.921.81$8,660
Apr 20201313,71614.751.80$8,637
Mar 20201423,62530.341.86$11,037
Feb 20201293,47149.881.98$13,309
Jan 20201403,92857.252.09$16,243
Dec 20191504,70259.012.30$19,687
Nov 20191464,50055.302.75$20,452
Oct 20191204,81153.472.42$18,052
Sep 20191194,59155.052.66$18,751
Aug 20191044,60353.112.30$16,130
Jul 2019914,19656.272.46$15,443
Jun 2019954,67752.782.49$16,665
May 20191195,10658.482.74$20,951
Apr 20191434,97662.632.75$22,644
Mar 20191574,73356.803.06$23,411
Feb 20191944,26450.852.79$21,771
Jan 20192184,39246.033.23$24,213
Dec 20181944,58046.594.19$28,208
Nov 20182074,58252.934.24$30,372
Oct 20182325,00161.443.40$31,248
Sep 20181665,09659.543.11$25,722
Aug 20181825,00459.403.07$26,156
Jul 20181834,09065.142.93$23,912
Jun 20182885,74360.183.08$35,003
May 20182015,32365.382.90$28,582
Apr 20182196,93263.842.90$34,089
Mar 20181577,48561.222.79$30,471
Feb 20182907,19561.782.77$37,818
Jan 20182866,04862.874.01$42,229
Dec 20172106,59357.272.92$31,288
Nov 20171747,03155.423.12$31,568
Oct 20171917,84549.292.98$32,821
Sep 20172667,90947.523.09$37,058
Aug 20172218,97045.373.00$36,976
Jul 201722410,94443.873.09$43,614
Jun 20173129,84942.493.09$43,664
May 20172748,59245.373.26$40,471
Apr 20173468,32547.933.21$43,320
Mar 20173798,88246.772.98$44,227
Feb 20173408,28050.452.95$41,601
Jan 20174509,15849.413.42$53,544
Dec 20164789,34448.763.72$58,093
Nov 201644010,02342.492.64$45,200
Oct 201643911,28346.193.09$55,145
Sep 201644811,42441.553.10$54,036
Aug 201642111,50341.442.92$51,085
Jul 201633511,28041.622.92$46,929
Jun 201635511,46545.352.69$46,892
May 201651713,10042.521.99$48,065
Apr 201650913,30836.561.99$45,106
Mar 201655014,46333.011.79$44,102
Feb 201657314,43726.472.06$44,960
Jan 201672216,80927.352.36$59,489
Dec 201583418,19732.362.00$63,408
Nov 201585919,05838.792.17$74,626
Oct 201576121,13543.552.43$84,427
Sep 201539522,33042.992.76$78,577
Aug 201544525,17440.162.87$90,183
Jul 201556528,47648.152.95$111,069
Jun 201558723,76456.152.88$101,468
May 201568824,94855.212.96$111,717
Apr 201593028,96749.822.71$124,734
Mar 20151,26334,65142.892.93$155,861
Feb 201553412,12544.662.98$59,935
Jan 20151,87530,77243.433.10$176,844
Dec 20142,08339,79354.693.59$256,830
Nov 20142,06547,07570.464.25$345,655
Oct 20141,01920,79178.303.90$160,893
Sep 20142,34746,42486.164.05$390,023
Aug 20142,80154,48889.394.04$470,247
Jul 20142,83859,07396.564.18$520,939
Jun 20143,14964,50698.164.74$614,663
May 20144,45371,71894.734.73$760,812
Apr 20143,39077,04895.944.81$695,770
Mar 20141,60924,87795.895.06$280,085

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             6 bbl  × $106.41 =       $638
Gas                    0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                     $638

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/274597 is the state's own key, not one this site invented.