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 274939District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$12.8 M
May 2014 – May 2026
Value, last 12 filed months
$301 k
at the published price for each month
Months reported
145
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
CondensateDisposition102,628 bbl$6,399,651
GasProduction1,955,175 Mcf$6,384,249
Total$12,783,900

Every month this lease reported (145)

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

145 months

May 2026933,204106.413.05$19,655
Apr 20261343,76698.932.87$24,064
Mar 20261353,98789.753.15$24,673
Feb 20261373,57663.503.75$22,111
Jan 20261644,31659.138.00$44,216
Dec 20251705,15256.664.41$32,370
Nov 20251535,19158.593.93$29,346
Oct 20251435,17859.383.30$25,604
Sep 20251144,16662.743.08$19,971
Aug 20251323,81463.933.01$19,937
Jul 2025804,22866.743.32$19,356
Jun 20251064,16866.483.13$20,087
May 20251193,79160.553.23$19,459
Apr 20251503,95362.363.54$23,360
Mar 20251533,71567.704.27$26,215
Feb 20251593,51970.884.34$26,545
Jan 20251633,96074.324.28$29,058
Dec 20241834,06768.993.12$25,320
Nov 20241373,75969.052.20$17,724
Oct 20241644,21971.372.28$21,330
Sep 20241334,16769.612.36$19,110
Aug 20241524,29175.632.06$20,351
Jul 20241564,36979.932.15$21,848
Jun 20241524,21378.082.63$22,965
May 20241664,08978.812.20$22,072
Apr 20241674,01584.451.66$20,765
Mar 20242064,22480.301.55$23,068
Feb 20242023,78876.091.78$22,127
Jan 20241803,89673.023.30$25,991
Dec 20231874,19371.262.61$24,272
Nov 20231724,19977.892.81$25,186
Oct 20232125,02285.443.09$33,618
Sep 20232025,32689.042.74$32,553
Aug 20231844,40280.522.67$26,582
Jul 20231303,11774.852.64$17,965
Jun 20231463,25068.962.26$17,408
May 20231573,75470.622.23$19,449
Apr 20231463,17678.122.24$18,513
Mar 20231903,41972.852.39$22,024
Feb 20231692,91375.112.47$19,876
Jan 20232123,44176.533.39$27,882
Dec 20222463,97176.415.73$41,547
Nov 20222383,74385.005.65$41,364
Oct 20221763,83087.185.86$37,802
Sep 20221723,93184.888.16$46,691
Aug 20223265,65694.529.13$82,437
Jul 20222897,272101.587.54$84,203
Jun 202212171115.097.98$2,745
May 202255216109.378.43$7,837
Apr 202279126104.226.84$9,095
Mar 20221203,044108.885.08$28,518
Feb 20221604,70391.054.86$37,419
Jan 20221525,10781.844.54$35,614
Dec 20211695,44371.323.90$33,276
Nov 20211675,40777.435.24$41,246
Oct 20211465,53379.795.71$43,264
Sep 20211595,32569.865.35$39,601
Aug 20211806,08366.024.22$37,557
Jul 20211616,56870.783.98$37,550
Jun 20211475,38569.493.38$28,420
May 20211425,67963.483.02$26,152
Apr 20211555,18160.362.76$23,647
Mar 20211274,49161.302.72$19,987
Feb 20212005,24157.805.55$40,637
Jan 20212826,39050.412.81$32,173
Dec 20202666,55544.642.68$29,412
Nov 20202476,56938.772.71$27,356
Oct 20202144,71536.972.48$19,597
Sep 20201714,98837.091.99$16,274
Aug 20201344,12739.982.39$15,201
Jul 20202073,10638.371.83$13,611
Jun 20202573,99534.901.69$15,722
May 20202044,15116.921.81$10,985
Apr 20202464,01514.751.80$10,873
Mar 20201694,49730.341.86$13,475
Feb 20201926,19849.881.98$21,853
Jan 20202247,29357.252.09$28,101
Dec 20192888,13259.012.30$35,734
Nov 20192997,98155.302.75$38,488
Oct 20192448,83253.472.42$34,407
Sep 20192629,01455.052.66$38,376
Aug 20192549,19853.112.30$34,685
Jul 20192919,64756.272.46$40,107
Jun 20193039,23452.782.49$38,996
May 20193089,85558.482.74$45,018
Apr 20193419,65962.632.75$47,926
Mar 20193569,99656.803.06$50,830
Feb 20193579,83450.852.79$45,612
Jan 201937410,74546.033.23$51,902
Dec 201835210,55946.594.19$60,594
Nov 201834810,75252.934.24$63,978
Oct 201843211,31161.443.40$64,978
Sep 201837612,18559.543.11$60,258
Aug 201838311,46759.403.07$57,914
Jul 201838112,39065.142.93$61,144
Jun 201842912,44560.183.08$64,109
May 201847311,97665.382.90$65,665
Apr 201856412,70363.842.90$72,855
Mar 201864513,26661.222.79$76,457
Feb 201855511,99561.782.77$67,468
Jan 201869011,82962.874.01$90,807
Dec 201761212,53457.272.92$71,668
Nov 201750414,21255.423.12$72,250
Oct 201757313,82249.292.98$69,484
Sep 201763316,84747.523.09$82,092
Aug 201747228,72345.373.00$107,710
Jul 201748329,13643.873.09$111,140
Jun 201750627,53142.493.09$106,496
May 201771523,57745.373.26$109,381
Apr 201785718,22347.933.21$99,601
Mar 201798017,00146.772.98$96,560
Feb 201798315,99850.452.95$96,828
Jan 201795917,97149.413.42$108,823
Dec 201688718,80948.763.72$113,273
Nov 201686020,04542.492.64$89,547
Oct 20161,32222,28846.193.09$129,939
Sep 20161,64323,19941.553.10$140,198
Aug 20161,56619,44141.442.92$121,747
Jul 20161,54519,69341.622.92$121,892
Jun 20161,28019,92145.352.69$111,552
May 20161,31821,91242.521.99$99,669
Apr 20161,15122,73636.561.99$87,349
Mar 20161,30625,23433.011.79$88,381
Feb 20161,25825,22826.472.06$85,361
Jan 20161,56128,40527.352.36$109,853
Dec 20151,83130,15332.362.00$119,600
Nov 20151,93432,51438.792.17$145,488
Oct 20151,72625,42743.552.43$136,868
Sep 201588125,48042.992.76$108,159
Aug 20151,08128,45940.162.87$125,161
Jul 20151,33431,24848.152.95$156,260
Jun 20151,61233,71056.152.88$187,695
May 20151,96038,54355.212.96$222,124
Apr 20152,14341,05249.822.71$217,874
Mar 20152,46348,23442.892.93$247,191
Feb 20151,47321,52344.662.98$129,841
Jan 20152,42743,99943.433.10$241,829
Dec 20143,62247,93254.693.59$370,228
Nov 20144,03565,27370.464.25$561,836
Oct 20142,26930,97678.303.90$298,499
Sep 20145,08167,42086.164.05$710,523
Aug 20146,17479,25889.394.04$871,709
Jul 20146,70289,60196.564.18$1,021,641
Jun 20141,09612,23698.164.74$165,544
May 20146,50470,94894.734.73$951,464

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            93 bbl  × $106.41 =     $9,896
Gas                3,204 Mcf  × $  3.05 =     $9,759

────────────────────────────────────────────────────
Month total                                  $19,655

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/274939 is the state's own key, not one this site invented.