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 274941District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$11.5 M
Jan 2014 – May 2026
Value, last 12 filed months
$228 k
at the published price for each month
Months reported
149
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
CondensateDisposition93,768 bbl$6,071,495
GasProduction1,650,499 Mcf$5,449,288
Total$11,520,784

Every month this lease reported (149)

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

149 months

May 20261122,764106.413.05$20,337
Apr 20261012,13398.932.87$16,113
Mar 20261081,64289.753.15$14,864
Feb 20261032,17363.503.75$14,690
Jan 20261254,44859.138.00$42,966
Dec 20251244,31456.664.41$26,065
Nov 20251173,75458.593.93$21,595
Oct 20251223,09759.383.30$17,479
Sep 20251022,07962.743.08$12,796
Aug 20251501,90963.933.01$15,345
Jul 20251282,14066.743.32$15,637
Jun 2025891,37666.483.13$10,222
May 20251171,59960.553.23$12,253
Apr 20251241,82462.363.54$14,195
Mar 20251462,15367.704.27$19,074
Feb 20251292,61070.884.34$20,473
Jan 20251523,86174.324.28$27,817
Dec 20241683,52768.993.12$22,599
Nov 20241272,24469.052.20$13,703
Oct 20241402,28771.372.28$15,209
Sep 20241232,40269.612.36$14,241
Aug 20241541,30275.632.06$14,334
Jul 202415939079.932.15$13,546
Jun 20247570578.082.63$7,713
May 20241382,84578.812.20$17,130
Apr 20241393,24384.451.66$17,119
Mar 20241603,42080.301.55$18,132
Feb 20241623,22776.091.78$18,082
Jan 20241513,61973.023.30$22,960
Dec 20231483,59171.262.61$19,922
Nov 20231483,46577.892.81$21,256
Oct 20231763,55685.443.09$26,016
Sep 20231683,04889.042.74$23,295
Aug 20231873,02980.522.67$23,153
Jul 20231643,18274.852.64$20,682
Jun 20231673,16168.962.26$18,655
May 20231473,59870.622.23$18,395
Apr 20231303,50478.122.24$17,997
Mar 20231523,38472.852.39$19,172
Feb 20231762,92575.112.47$20,431
Jan 20231743,37376.533.39$24,743
Dec 20221793,47176.415.73$33,563
Nov 20221552,67685.005.65$28,284
Oct 20221643,22087.185.86$33,179
Sep 20222023,22684.888.16$43,482
Aug 20222053,43394.529.13$50,710
Jul 20222053,496101.587.54$47,191
Jun 20222313,544115.097.98$54,857
May 20222023,626109.378.43$52,671
Apr 20221343,476104.226.84$37,733
Mar 20221613,626108.885.08$35,937
Feb 20221583,45991.054.86$31,193
Jan 20221604,07681.844.54$31,590
Dec 20211674,09471.323.90$27,873
Nov 20211703,59277.435.24$31,974
Oct 20211554,11979.795.71$35,903
Sep 20211714,09369.865.35$33,847
Aug 20212084,45266.024.22$32,522
Jul 20212094,60670.783.98$33,134
Jun 20212304,68469.493.38$31,818
May 20212515,37063.483.02$32,138
Apr 20212835,59560.362.76$32,515
Mar 20212535,96761.302.72$31,721
Feb 20212364,53257.805.55$38,784
Jan 20213426,00550.412.81$34,116
Dec 20202926,01244.642.68$29,120
Nov 20202725,96838.772.71$26,698
Oct 20202296,30936.972.48$24,103
Sep 20202006,10037.091.99$19,563
Aug 20202086,36139.982.39$23,487
Jul 20202806,41338.371.83$22,448
Jun 20204786,54734.901.69$27,749
May 20201894,30516.921.81$11,010
Apr 20203495,12514.751.80$14,395
Mar 20203515,98730.341.86$21,763
Feb 20202925,98249.881.98$26,413
Jan 20202886,53757.252.09$30,181
Dec 20193096,55159.012.30$33,330
Nov 20193456,40755.302.75$36,702
Oct 20192887,16353.472.42$32,723
Sep 20192466,74755.052.66$31,471
Aug 20192757,44753.112.30$31,766
Jul 20192497,13256.272.46$31,556
Jun 20192517,43452.782.49$31,767
May 20193047,62358.482.74$38,667
Apr 20192937,90662.632.75$40,098
Mar 20193528,15656.803.06$44,968
Feb 20193487,36850.852.79$38,269
Jan 20193998,27746.033.23$45,086
Dec 20183908,48146.594.19$53,667
Nov 20183538,50352.934.24$54,714
Oct 20184549,15661.443.40$59,007
Sep 20183739,13759.543.11$50,606
Aug 20183649,81959.403.07$51,732
Jul 201837710,21265.142.93$54,498
Jun 201837110,12360.183.08$53,474
May 201847010,19865.382.90$60,311
Apr 20184379,10763.842.90$54,316
Mar 20184918,94661.222.79$54,990
Feb 20184468,05161.782.77$49,824
Jan 20186349,71462.874.01$78,806
Dec 201768111,41057.272.92$72,335
Nov 20175559,54255.423.12$60,513
Oct 201752710,77649.292.98$58,128
Sep 201759510,90647.523.09$61,944
Aug 201757711,97445.373.00$62,153
Jul 201747512,67943.873.09$59,982
Jun 201740712,08342.493.09$54,597
May 201754513,10145.373.26$67,480
Apr 201765712,91647.933.21$72,971
Mar 201770214,70846.772.98$76,717
Feb 201759812,49350.452.95$67,056
Jan 201780914,09249.413.42$88,150
Dec 201674414,74348.763.72$91,163
Nov 201674216,24642.492.64$74,488
Oct 201686017,76446.193.09$94,619
Sep 201689216,54841.553.10$88,372
Aug 201695017,82141.442.92$91,483
Jul 201690519,70041.622.92$95,276
Jun 201685919,93545.352.69$92,498
May 20161,08222,87542.521.99$91,552
Apr 20161,11221,19636.561.99$82,857
Mar 20161,16121,19233.011.79$76,343
Feb 20161,18421,60826.472.06$75,931
Jan 20161,34024,41527.352.36$94,375
Dec 20151,48226,21332.362.00$100,420
Nov 20151,61327,45238.792.17$122,066
Oct 20151,40129,51843.552.43$132,641
Sep 201572631,38742.992.76$117,789
Aug 201585733,60240.162.87$130,939
Jul 20151,09728,35548.152.95$136,328
Jun 20151,38529,21056.152.88$161,976
May 20151,73634,21955.212.96$196,977
Apr 20151,95636,49549.822.71$196,224
Mar 20151,86434,23142.892.93$180,405
Feb 20151,29321,23444.662.98$120,942
Jan 20151,98831,48743.433.10$183,968
Dec 20142,58633,38154.693.59$261,312
Nov 20142,51634,00770.464.25$321,870
Oct 20142,00326,99378.303.90$262,134
Sep 20144,36356,17086.164.05$603,148
Aug 20145,21666,46789.394.04$734,461
Jul 20145,57172,79296.564.18$842,177
Jun 20145,71572,99298.164.74$906,739
May 20146,68160,92694.734.73$920,862
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0

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           112 bbl  × $106.41 =    $11,918
Gas                2,764 Mcf  × $  3.05 =     $8,419

────────────────────────────────────────────────────
Month total                                  $20,337

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/274941 is the state's own key, not one this site invented.