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 274615District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$5.4 M
Mar 2014 – May 2026
Value, last 12 filed months
$95 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
CondensateDisposition43,253 bbl$2,660,960
GasProduction864,112 Mcf$2,737,530
Total$5,398,490

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 202601,254106.413.05$3,819
Apr 202601,69098.932.87$4,850
Mar 202601,67489.753.15$5,272
Feb 202631,77663.503.75$6,851
Jan 202661,57159.138.00$12,920
Dec 2025481,54556.664.41$9,538
Nov 2025351,42658.593.93$7,650
Oct 2025271,32859.383.30$5,992
Sep 2025161,65762.743.08$6,102
Aug 2025651,75163.933.01$9,434
Jul 2025771,69966.743.32$10,772
Jun 2025931,69266.483.13$11,476
May 20251151,63560.553.23$12,248
Apr 20251541,53462.363.54$15,039
Mar 20251571,61667.704.27$17,527
Feb 20251301,25370.884.34$14,653
Jan 20251221,55274.324.28$15,708
Dec 20241511,74268.993.12$15,855
Nov 20241031,73969.052.20$10,935
Oct 20241461,75271.372.28$14,417
Sep 20241041,56269.612.36$10,933
Aug 20241221,66575.632.06$12,663
Jul 20241261,69379.932.15$13,705
Jun 20241521,78378.082.63$16,565
May 20241611,88878.812.20$16,839
Apr 20241591,92584.451.66$16,622
Mar 20241671,68880.301.55$16,018
Feb 20242081,67476.091.78$18,813
Jan 20241811,74373.023.30$18,964
Dec 20231661,71271.262.61$16,299
Nov 2023921,79277.892.81$12,197
Oct 20231411,50085.443.09$16,678
Sep 20231482,04789.042.74$18,777
Aug 20231592,21380.522.67$18,718
Jul 2023912,71474.852.64$13,981
Jun 20231683,36268.962.26$19,178
May 20231043,49970.622.23$15,138
Apr 20231233,46778.122.24$17,367
Mar 20231703,63372.852.39$21,079
Feb 20231443,20075.112.47$18,706
Jan 20231292,29176.533.39$17,634
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202204101.587.54$30
Jun 202200115.097.98$0
May 202270109.378.43$766
Apr 20221463104.226.84$1,890
Mar 202292973108.885.08$14,956
Feb 20221071,65491.054.86$17,779
Jan 2022992,13181.844.54$17,772
Dec 2021942,45371.323.90$16,269
Nov 2021611,67477.435.24$13,490
Oct 2021802,53779.795.71$20,879
Sep 20211303,29969.865.35$26,734
Aug 20211971,25566.024.22$18,303
Jul 20211252,61470.783.98$19,257
Jun 20211302,86369.493.38$18,712
May 20211403,01663.483.02$17,988
Apr 20211572,94160.362.76$17,589
Mar 20211392,96961.302.72$16,587
Feb 20211632,60957.805.55$23,896
Jan 20211702,71550.412.81$16,200
Dec 20201482,71944.642.68$13,881
Nov 20201182,85338.772.71$12,297
Oct 2020832,47136.972.48$9,193
Sep 2020922,81937.091.99$9,025
Aug 2020773,04839.982.39$10,348
Jul 20201362,97838.371.83$10,654
Jun 20201342,63734.901.69$9,134
May 2020943,11316.921.81$7,240
Apr 20201303,39514.751.80$8,043
Mar 20201553,51230.341.86$11,222
Feb 20202093,41049.881.98$17,179
Jan 20201843,11157.252.09$17,051
Dec 20191783,31059.012.30$18,131
Nov 20191953,21755.302.75$19,633
Oct 20191643,59053.472.42$17,452
Sep 20191363,47355.052.66$16,716
Aug 20191063,60853.112.30$13,944
Jul 20191723,80856.272.46$19,046
Jun 20191573,93052.782.49$18,077
May 20191633,82358.482.74$20,008
Apr 20191633,86762.632.75$20,846
Mar 20192334,08056.803.06$25,728
Feb 20191063,12950.852.79$14,127
Jan 2019963,87746.033.23$16,935
Dec 20181014,31946.594.19$22,783
Nov 20181004,32652.934.24$23,623
Oct 20181354,73061.443.40$24,367
Sep 20181304,89359.543.11$22,948
Aug 20181445,26759.403.07$24,705
Jul 20181625,32265.142.93$26,156
Jun 20181605,29560.183.08$25,921
May 20182356,50865.382.90$34,243
Apr 20183217,18363.842.90$41,329
Mar 20183976,93861.222.79$43,639
Feb 20182024,59361.782.77$25,184
Jan 20182495,18262.874.01$36,431
Dec 20172175,55457.272.92$28,654
Nov 20171435,78155.423.12$25,952
Oct 20172286,07049.292.98$29,349
Sep 20173146,21047.523.09$34,093
Aug 20172376,70645.373.00$30,900
Jul 20172727,25943.873.09$34,343
Jun 20172756,82942.493.09$32,768
May 20173337,66445.373.26$40,119
Apr 20173677,03347.933.21$40,177
Mar 20173456,73546.772.98$36,231
Feb 20175936,36550.452.95$48,710
Jan 20173516,99749.413.42$41,264
Dec 20163536,85948.763.72$42,747
Nov 20163487,10142.492.64$33,564
Oct 20164107,53746.193.09$42,229
Sep 20164767,24641.553.10$42,245
Aug 20165418,68141.442.92$47,805
Jul 20165309,87041.622.92$50,922
Jun 20166438,91745.352.69$53,110
May 20165439,27442.521.99$41,553
Apr 20165499,85536.561.99$39,693
Mar 20165919,15833.011.79$35,938
Feb 20165549,94526.472.06$35,187
Jan 20164759,85927.352.36$36,301
Dec 201565712,17932.362.00$45,636
Nov 201570512,83038.792.17$55,154
Oct 201565214,55343.552.43$63,709
Sep 201536615,35942.992.76$58,101
Aug 201543116,66140.162.87$65,168
Jul 201554617,47248.152.95$77,746
Jun 201562117,61156.152.88$85,639
May 201571619,20555.212.96$96,290
Apr 201575220,14149.822.71$91,978
Mar 201563021,40142.892.93$89,826
Feb 201596821,64944.662.98$107,662
Jan 20151,19323,98443.433.10$126,178
Dec 20141,42427,25654.693.59$175,765
Nov 20141,48131,70870.464.25$239,169
Oct 20141,75930,29978.303.90$255,925
Sep 20141,62327,05386.164.05$249,279
Aug 20141,95728,96589.394.04$291,813
Jul 20142,17936,57296.564.18$363,261
Jun 20145053,51998.164.74$66,240
May 20141,60214,50994.734.73$220,335
Apr 20146518,04995.944.81$101,166
Mar 20141459195.895.06$4,331

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             0 bbl  × $106.41 =         $0
Gas                1,254 Mcf  × $  3.05 =     $3,819

────────────────────────────────────────────────────
Month total                                   $3,819

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/274615 is the state's own key, not one this site invented.