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 275448District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$6.6 M
Jul 2014 – May 2026
Value, last 12 filed months
$118 k
at the published price for each month
Months reported
143
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
CondensateDisposition42,078 bbl$2,628,752
GasProduction1,226,056 Mcf$3,947,769
Total$6,576,521

Every month this lease reported (143)

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

143 months

May 2026591,232106.413.05$10,031
Apr 2026291,01498.932.87$5,779
Mar 2026361,24289.753.15$7,143
Feb 2026501,41663.503.75$8,485
Jan 2026551,67959.138.00$16,681
Dec 2025611,72456.664.41$11,065
Nov 2025701,50658.593.93$10,015
Oct 2025431,48959.383.30$7,474
Sep 2025591,71362.743.08$8,972
Aug 20252431,99663.933.01$21,552
Jul 2025241,86366.743.32$7,778
Jun 20251353166.483.13$2,526
May 2025751,65660.553.23$9,894
Apr 2025701,74162.363.54$10,534
Mar 20251031,89167.704.27$15,044
Feb 2025641,40070.884.34$10,614
Jan 2025621,50974.324.28$11,064
Dec 2024531,81868.993.12$9,331
Nov 2024381,72569.052.20$6,416
Oct 2024442,28571.372.28$8,353
Sep 2024412,33469.612.36$8,372
Aug 2024452,54875.632.06$8,661
Jul 2024432,69079.932.15$9,211
Jun 2024852,48178.082.63$13,172
May 2024712,23878.812.20$10,516
Apr 20241073,12284.451.66$14,216
Mar 20246080.301.55$482
Feb 2024621,92376.091.78$8,148
Jan 2024521,25973.023.30$7,949
Dec 2023311,04871.262.61$4,945
Nov 2023451,79277.892.81$8,536
Oct 2023921,94785.443.09$13,871
Sep 2023581,91989.042.74$10,413
Aug 20231812,10680.522.67$20,203
Jul 2023942,34774.852.64$13,236
Jun 2023572,23068.962.26$8,967
May 2023482,31770.622.23$8,551
Apr 2023465,71878.122.24$16,389
Mar 2023732,37072.852.39$10,990
Feb 2023592,08075.112.47$9,560
Jan 2023662,10476.533.39$12,179
Dec 2022702,32276.415.73$18,652
Nov 2022552,06585.005.65$16,334
Oct 2022552,27687.185.86$18,141
Sep 2022632,30084.888.16$24,124
Aug 2022652,38294.529.13$27,885
Jul 202242,275101.587.54$17,565
Jun 2022572,240115.097.98$24,429
May 2022592,349109.378.43$26,262
Apr 2022532,379104.226.84$21,790
Mar 2022602,476108.885.08$19,102
Feb 2022582,14891.054.86$15,718
Jan 2022692,75381.844.54$18,139
Dec 20211182,74771.323.90$19,127
Nov 20211413,28977.435.24$28,142
Oct 2021832,83479.795.71$22,816
Sep 2021642,56069.865.35$18,169
Aug 2021782,69766.024.22$16,532
Jul 2021632,49270.783.98$14,382
Jun 2021892,97969.493.38$16,255
May 2021792,91763.483.02$13,817
Apr 2021702,82060.362.76$12,004
Mar 2021411,98061.302.72$7,893
Feb 2021642,09057.805.55$15,294
Jan 20211213,76950.412.81$16,692
Dec 2020983,94344.642.68$14,924
Nov 2020903,68338.772.71$13,458
Oct 2020684,17536.972.48$12,861
Sep 2020775,61237.091.99$14,030
Aug 2020676,01139.982.39$17,016
Jul 2020775,91438.371.83$13,748
Jun 20201165,96234.901.69$14,126
May 2020836,38916.921.81$12,999
Apr 20201446,48214.751.80$13,820
Mar 20201134,52230.341.86$11,822
Feb 20201064,11549.881.98$13,438
Jan 20201154,50157.252.09$16,012
Dec 20191204,44559.012.30$17,324
Nov 20191215,07755.302.75$20,657
Oct 2019926,91753.472.42$21,648
Sep 2019946,93555.052.66$23,603
Aug 20191047,31453.112.30$22,378
Jul 20191154,70456.272.46$18,043
Jun 20191074,59052.782.49$17,082
May 20191375,10158.482.74$21,990
Apr 20191224,79262.632.75$20,822
Mar 20192017,44956.803.06$34,226
Feb 2019148,00250.852.79$23,055
Jan 20191498,88946.033.23$35,554
Dec 20181488,58646.594.19$42,832
Nov 20181386,08352.934.24$33,079
Oct 20181816,43061.443.40$32,970
Sep 20181596,67759.543.11$30,219
Aug 20181436,79659.403.07$29,335
Jul 20181777,33065.142.93$33,020
Jun 20181427,07460.183.08$30,312
May 20181916,84565.382.90$32,344
Apr 20182146,90163.842.90$33,680
Mar 20181566,30661.222.79$27,124
Feb 20181516,14161.782.77$26,316
Jan 20182276,41162.874.01$39,975
Dec 20172376,64757.272.92$32,992
Nov 20172157,17855.423.12$34,299
Oct 20172067,05449.292.98$31,201
Sep 20172457,20747.523.09$33,892
Aug 20172268,24345.373.00$35,019
Jul 20172118,66643.873.09$36,011
Jun 20171858,33742.493.09$33,599
May 20172439,14045.373.26$40,852
Apr 20173109,23047.933.21$44,501
Mar 20172999,17546.772.98$41,359
Feb 20172968,34450.452.95$39,570
Jan 20173339,26149.413.42$48,115
Dec 20163819,81148.763.72$55,102
Nov 20163419,97942.492.64$40,877
Oct 20163539,95046.193.09$47,053
Sep 20162799,05641.553.10$39,672
Aug 201630510,89841.442.92$44,509
Jul 201627111,32641.622.92$44,400
Jun 201627511,32745.352.69$42,894
May 201640312,36442.521.99$41,753
Apr 201642712,66436.561.99$40,826
Mar 201647212,94833.011.79$38,810
Feb 201652013,35726.472.06$41,328
Jan 201661416,39627.352.36$55,559
Dec 201562415,41132.362.00$51,036
Nov 201568716,31238.792.17$62,002
Oct 201561218,14043.552.43$70,671
Sep 201532019,61542.992.76$67,863
Aug 201537422,47340.162.87$79,573
Jul 201546626,44148.152.95$100,309
Jun 201558333,59056.152.88$129,571
May 201574434,88855.212.96$144,186
Apr 201581935,83249.822.71$137,784
Mar 201590627,39242.892.93$119,246
Feb 20151,30629,31944.662.98$145,585
Jan 20151,69438,41143.433.10$192,669
Dec 20142,23844,45354.693.59$282,043
Nov 20142,22749,93070.464.25$369,209
Oct 20142,67763,72478.303.90$458,194
Sep 20142,10130,51086.164.05$304,449
Aug 20144,34573,43989.394.04$684,735
Jul 20142,85951,37296.564.18$490,779

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            59 bbl  × $106.41 =     $6,278
Gas                1,232 Mcf  × $  3.05 =     $3,752

────────────────────────────────────────────────────
Month total                                  $10,031

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/275448 is the state's own key, not one this site invented.