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 274959District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$9.4 M
Feb 2014 – May 2026
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
148
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
CondensateDisposition71,682 bbl$4,933,163
GasProduction1,331,329 Mcf$4,513,827
Total$9,446,989

Every month this lease reported (148)

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

148 months

May 2026012106.413.05$37
Apr 202601298.932.87$34
Mar 202601089.753.15$31
Feb 20260363.503.75$11
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 202502159.383.30$69
Sep 20250062.743.08$0
Aug 202542063.933.01$2,685
Jul 202597066.743.32$6,474
Jun 202513066.483.13$864
May 20250960.553.23$29
Apr 202501362.363.54$46
Mar 202501867.704.27$77
Feb 20250070.884.34$0
Jan 202504074.324.28$171
Dec 20240768.993.12$22
Nov 20240769.052.20$15
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20242075.632.06$151
Jul 202413079.932.15$1,039
Jun 202401978.082.63$50
May 20242778.812.20$173
Apr 20242775384.451.66$3,530
Mar 2024331,32580.301.55$4,697
Feb 2024701,65876.091.78$8,284
Jan 2024642,13673.023.30$11,717
Dec 2023601,83071.262.61$9,053
Nov 2023321,78777.892.81$7,510
Oct 202352,11985.443.09$6,969
Sep 202351,34789.042.74$4,129
Aug 2023242,00880.522.67$7,300
Jul 202331,18774.852.64$3,360
Jun 20231068.962.26$69
May 2023562,12770.622.23$8,692
Apr 2023722,46078.122.24$11,130
Mar 20231392,66272.852.39$16,497
Feb 20231162,15475.112.47$14,024
Jan 20231312,36176.533.39$18,024
Dec 20221102,39076.415.73$22,098
Nov 20221152,34485.005.65$23,010
Oct 2022962,51187.185.86$23,093
Sep 20221172,63584.888.16$31,442
Aug 20221162,69194.529.13$35,526
Jul 20221163,120101.587.54$35,315
Jun 20221333,025115.097.98$39,438
May 20221283,081109.378.43$39,982
Apr 20221012,584104.226.84$28,195
Mar 20221172,894108.885.08$27,430
Feb 2022992,25291.054.86$19,956
Jan 20221012,52881.844.54$19,737
Dec 20211082,89371.323.90$18,983
Nov 20211112,81677.435.24$23,342
Oct 20211003,14979.795.71$25,972
Sep 20211133,23569.865.35$25,204
Aug 20211393,64166.024.22$24,544
Jul 20211313,65670.783.98$23,831
Jun 20211153,19169.493.38$18,779
May 20211283,55763.483.02$18,859
Apr 20211583,72060.362.76$19,798
Mar 20211294,04161.302.72$18,887
Feb 2021802,81357.805.55$20,230
Jan 20211803,83450.412.81$19,848
Dec 20201564,10244.642.68$17,939
Nov 20201503,92538.772.71$16,439
Oct 20201274,03836.972.48$14,703
Sep 20201103,83737.091.99$11,720
Aug 20201123,93939.982.39$13,873
Jul 20201284,01838.371.83$12,245
Jun 20201613,95634.901.69$12,306
May 20201154,31916.921.81$9,784
Apr 20201783,78714.751.80$9,459
Mar 20202354,43730.341.86$15,366
Feb 20201844,23349.881.98$17,562
Jan 20201894,45557.252.09$20,152
Dec 20192024,48259.012.30$22,248
Nov 20192234,36155.302.75$24,328
Oct 20191584,63053.472.42$19,646
Sep 20191634,51255.052.66$20,963
Aug 20191583,80253.112.30$17,153
Jul 20191674,24156.272.46$19,830
Jun 20191694,86052.782.49$21,027
May 20191885,29258.482.74$25,496
Apr 20191855,26562.632.75$26,069
Mar 20192235,77356.803.06$30,344
Feb 20192035,35650.852.79$25,278
Jan 20192425,93246.033.23$30,289
Dec 20182255,53746.594.19$33,658
Nov 20182354,90252.934.24$33,210
Oct 20182825,35061.443.40$35,506
Sep 20182355,22759.543.11$30,237
Aug 20182155,05459.403.07$28,269
Jul 20181955,64865.142.93$29,262
Jun 20182255,68460.183.08$31,030
May 20182275,29765.382.90$30,207
Apr 20182806,48763.842.90$36,693
Mar 20182846,96261.222.79$36,788
Feb 20182777,05461.782.77$36,625
Jan 20183627,24762.874.01$51,814
Dec 20173827,62457.272.92$44,151
Nov 20173366,39555.423.12$38,563
Oct 20173148,15649.292.98$39,812
Sep 20173838,55247.523.09$44,603
Aug 20173529,32745.373.00$43,992
Jul 20173279,74743.873.09$44,437
Jun 20172809,28342.493.09$40,556
May 20173819,88945.373.26$49,558
Apr 20174289,59947.933.21$51,342
Mar 201749110,46746.772.98$54,194
Feb 20174659,60350.452.95$51,813
Jan 201756411,06049.413.42$65,679
Dec 201664611,89248.763.72$75,771
Nov 201652611,02142.492.64$51,493
Oct 201653911,86746.193.09$61,569
Sep 201654111,66541.553.10$58,647
Aug 201653911,74741.442.92$56,688
Jul 201644411,60441.622.92$52,413
Jun 201644212,29145.352.69$53,056
May 201666514,84042.521.99$57,823
Apr 201669214,52736.561.99$54,223
Mar 201675614,97833.011.79$51,826
Feb 201683515,85026.472.06$54,811
Jan 201692518,07527.352.36$68,035
Dec 20151,11120,53032.362.00$77,041
Nov 20151,29223,36238.792.17$100,750
Oct 20151,25327,57043.552.43$121,469
Sep 201560927,19442.992.76$101,193
Aug 201567929,29340.162.87$111,412
Jul 201584631,83348.152.95$134,486
Jun 20151,02430,39156.152.88$145,111
May 20151,30725,07455.212.96$146,264
Apr 20151,27533,15149.822.71$153,246
Mar 20151,56542,24542.892.93$191,100
Feb 20151,00320,87344.662.98$106,916
Jan 20151,65830,30343.433.10$165,965
Dec 20141,66728,68054.693.59$194,168
Nov 20141,28920,54770.464.25$178,186
Oct 20142,22330,38478.303.90$292,588
Sep 20144,69362,04586.164.05$655,348
Aug 20145,59271,24089.394.04$787,331
Jul 20146,06578,21096.564.18$912,523
Jun 20147,10880,99198.164.74$1,081,366
May 20146,15468,66094.734.73$907,494
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$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             0 bbl  × $106.41 =         $0
Gas                   12 Mcf  × $  3.05 =        $37

────────────────────────────────────────────────────
Month total                                      $37

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/274959 is the state's own key, not one this site invented.