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 275470District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$6.6 M
Oct 2014 – May 2026
Value, last 12 filed months
$261 k
at the published price for each month
Months reported
140
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
CondensateDisposition73,378 bbl$3,775,629
GasProduction940,892 Mcf$2,821,476
Total$6,597,105

Every month this lease reported (140)

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

140 months

May 20261623,002106.413.05$26,382
Apr 20261703,21698.932.87$26,047
Mar 20261823,20389.753.15$26,422
Feb 20261823,11163.503.75$23,224
Jan 20261612,19059.138.00$27,035
Dec 20251673,20456.664.41$23,603
Nov 20251582,96358.593.93$20,891
Oct 20251382,99159.383.30$18,079
Sep 20251442,94062.743.08$18,081
Aug 20251712,45463.933.01$18,330
Jul 20251003,25266.743.32$17,455
Jun 2025673,39666.483.13$15,079
May 20251512,71860.553.23$17,929
Apr 20251712,11362.363.54$18,150
Mar 202512326767.704.27$9,467
Feb 20251961,88170.884.34$22,058
Jan 20252322,70074.324.28$28,795
Dec 20242432,52068.993.12$24,630
Nov 20241712,78769.052.20$17,935
Oct 20241603,12171.372.28$18,539
Sep 20241463,28069.612.36$17,918
Aug 20241713,46175.632.06$20,075
Jul 20241302,25279.932.15$15,225
Jun 2024176078.082.63$13,742
May 20241412,14278.812.20$15,821
Apr 2024902,39284.451.66$11,569
Mar 20241372,17480.301.55$14,360
Feb 20241311,60676.091.78$12,832
Jan 2024671,60473.023.30$10,182
Dec 2023711,59671.262.61$9,226
Nov 20231431,09877.892.81$14,221
Oct 20231601,19385.443.09$17,354
Sep 20231741,90089.042.74$20,690
Aug 20232132,09780.522.67$22,756
Jul 20231561,53274.852.64$15,724
Jun 2023691,35968.962.26$7,828
May 20235040770.622.23$4,438
Apr 20234825178.122.24$4,311
Mar 20239033472.852.39$7,356
Feb 202310483075.112.47$9,858
Jan 20231221,15376.533.39$13,243
Dec 20221131,30576.415.73$16,111
Nov 202215890385.005.65$18,529
Oct 2022851,22887.185.86$14,611
Sep 2022871,58984.888.16$20,357
Aug 2022701,68494.529.13$21,987
Jul 2022691,320101.587.54$16,965
Jun 2022621,294115.097.98$17,458
May 2022452,114109.378.43$22,749
Apr 2022492,466104.226.84$21,968
Mar 2022680108.885.08$7,404
Feb 2022782,20091.054.86$17,791
Jan 2022722,59781.844.54$17,677
Dec 2021832,73971.323.90$16,599
Nov 2021842,70777.435.24$20,680
Oct 2021692,87179.795.71$21,910
Sep 2021722,81069.865.35$20,066
Aug 20211192,92966.024.22$20,218
Jul 20212532,43070.783.98$27,584
Jun 20212902,35269.493.38$28,103
May 20212042,94463.483.02$21,834
Apr 20211743,23260.362.76$19,418
Mar 20211734,07161.302.72$21,666
Feb 20211301,80957.805.55$17,550
Jan 20211712,91150.412.81$16,801
Dec 20201473,22044.642.68$15,177
Nov 20201324,11238.772.71$16,247
Oct 20201094,48936.972.48$15,155
Sep 2020954,53837.091.99$12,559
Aug 2020994,75339.982.39$15,294
Jul 20201024,23538.371.83$11,643
Jun 20201894,73434.901.69$14,598
May 20201435,40516.921.81$12,228
Apr 20202195,54714.751.80$13,239
Mar 20202575,82130.341.86$18,602
Feb 20202345,47849.881.98$22,522
Jan 20202796,66757.252.09$29,938
Dec 20192756,24059.012.30$30,607
Nov 20192465,07955.302.75$27,575
Oct 20192214,98453.472.42$23,871
Sep 20193656,13655.052.66$36,398
Aug 20193395,39053.112.30$30,425
Jul 20193845,90256.272.46$36,127
Jun 20194005,52752.782.49$34,881
May 20194703,72858.482.74$37,702
Apr 20194863,83062.632.75$40,973
Mar 20195923,94656.803.06$45,709
Feb 20195683,86450.852.79$39,672
Jan 20196824,25246.033.23$45,119
Dec 20186234,50146.594.19$47,864
Nov 20186754,80052.934.24$56,067
Oct 20186855,38761.443.40$60,392
Sep 20184693,66159.543.11$39,303
Aug 20184283,69259.403.07$36,745
Jul 20184784,73465.142.93$45,016
Jun 20185224,93560.183.08$46,599
May 20187086,21065.382.90$64,303
Apr 20187314,48963.842.90$59,689
Mar 20188886,28961.222.79$71,890
Feb 20188882,86861.782.77$62,794
Jan 20181,2183,72662.874.01$91,514
Dec 20179924,17357.272.92$69,003
Nov 20177003,69855.423.12$50,326
Oct 20176975,71349.292.98$51,401
Sep 20175127,03047.523.09$46,034
Aug 20174177,97945.373.00$42,891
Jul 20174298,15443.873.09$43,994
Jun 20174437,59842.493.09$42,280
May 20176628,61945.373.26$58,162
Apr 20178968,74147.933.21$71,018
Mar 20171,0386,42946.772.98$67,729
Feb 20179185,34650.452.95$62,098
Jan 20171,0426,63549.413.42$74,169
Dec 20168626,59248.763.72$66,572
Nov 20165118,40442.492.64$43,936
Oct 201679310,41746.193.09$68,820
Sep 201698010,84741.553.10$74,352
Aug 201676513,78841.442.92$72,022
Jul 201680714,64041.622.92$76,400
Jun 201678914,21145.352.69$73,949
May 20161,02116,38842.521.99$76,042
Apr 20161,12810,08836.561.99$61,325
Mar 20161,29314,82433.011.79$69,276
Feb 20161,25013,74426.472.06$61,450
Jan 20161,45016,35927.352.36$78,336
Dec 20151,67420,68932.362.00$95,578
Nov 20151,68619,63038.792.17$107,945
Oct 20151,39210,74043.552.43$86,683
Sep 201582617,92542.992.76$84,954
Aug 201593822,21040.162.87$101,468
Jul 20151,22727,71048.152.95$140,688
Jun 20151,55228,88756.152.88$170,422
May 20152,04628,11955.212.96$196,064
Apr 20152,38237,94649.822.71$221,375
Mar 20152,66523,89942.892.93$184,438
Feb 20152,29029,22344.662.98$189,245
Jan 20153,58436,67843.433.10$269,378
Dec 20144,14855,17954.693.59$425,022
Nov 20142,51336,97870.464.25$334,291
Oct 2014982,29878.303.90$16,638

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           162 bbl  × $106.41 =    $17,238
Gas                3,002 Mcf  × $  3.05 =     $9,144

────────────────────────────────────────────────────
Month total                                  $26,382

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/275470 is the state's own key, not one this site invented.