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 275512District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$4.6 M
Jul 2014 – May 2026
Value, last 12 filed months
$39 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
CondensateDisposition26,155 bbl$1,599,723
GasProduction908,595 Mcf$2,960,955
Total$4,560,678

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 20262825106.413.05$2,726
Apr 2026228098.932.87$1,001
Mar 2026013389.753.15$419
Feb 2026571163.503.75$2,984
Jan 202606959.138.00$552
Dec 2025117156.664.41$811
Nov 202585058.593.93$4,980
Oct 202529059.383.30$1,722
Sep 202589062.743.08$5,584
Aug 2025167063.933.01$10,676
Jul 2025251,14566.743.32$5,464
Jun 20251448666.483.13$2,451
May 2025351,24260.553.23$6,134
Apr 2025332,07362.363.54$9,403
Mar 2025422,12067.704.27$11,892
Feb 2025391,55470.884.34$9,510
Jan 2025562,19074.324.28$13,532
Dec 2024531,56768.993.12$8,548
Nov 2024261,14869.052.20$4,319
Oct 2024301,19871.372.28$4,874
Sep 2024241,29869.612.36$4,740
Aug 2024301,51675.632.06$5,397
Jul 2024251,32079.932.15$4,832
Jun 2024281,31578.082.63$5,650
May 2024311,27878.812.20$5,253
Apr 2024301,15084.451.66$4,442
Mar 20241080.301.55$80
Feb 2024361,10276.091.78$4,705
Jan 20246336273.023.30$5,794
Dec 2023111,02171.262.61$3,449
Nov 2023131,60077.892.81$5,505
Oct 2023231,81085.443.09$7,553
Sep 2023261,93989.042.74$7,618
Aug 2023271,75580.522.67$6,865
Jul 2023101,79074.852.64$5,477
Jun 2023241,83968.962.26$5,808
May 2023221,87470.622.23$5,728
Apr 2023251,81278.122.24$6,008
Mar 2023591,97372.852.39$9,020
Feb 2023401,79975.112.47$7,440
Jan 2023432,06476.533.39$10,283
Dec 2022301,42576.415.73$10,456
Nov 2022301,91585.005.65$13,362
Oct 2022382,26387.185.86$16,583
Sep 2022412,35684.888.16$22,714
Aug 2022462,45694.529.13$26,764
Jul 2022402,540101.587.54$23,220
Jun 2022372,470115.097.98$23,962
May 2022422,521109.378.43$25,853
Apr 2022352,289104.226.84$19,299
Mar 2022812,422108.885.08$21,114
Feb 2022432,19391.054.86$14,571
Jan 2022402,55581.844.54$14,867
Dec 2021442,54771.323.90$13,069
Nov 2021381,97277.435.24$13,269
Oct 2021322,03679.795.71$14,187
Sep 2021372,03869.865.35$13,490
Aug 2021452,14866.024.22$12,037
Jul 2021412,06970.783.98$11,141
Jun 2021472,02269.493.38$10,102
May 2021422,07663.483.02$8,931
Apr 2021531,97860.362.76$8,655
Mar 2021532,01161.302.72$8,713
Feb 2021961,50757.805.55$13,910
Jan 2021722,91350.412.81$11,816
Dec 2020632,98244.642.68$10,791
Nov 2020552,92238.772.71$10,041
Oct 2020493,10636.972.48$9,510
Sep 2020243,10037.091.99$7,062
Aug 2020433,28939.982.39$9,564
Jul 2020373,00638.371.83$6,906
Jun 2020683,04334.901.69$7,517
May 2020563,44416.921.81$7,198
Apr 2020793,53614.751.80$7,546
Mar 2020813,59130.341.86$9,123
Feb 2020672,57449.881.98$8,440
Jan 2020793,07757.252.09$10,968
Dec 2019873,09259.012.30$12,259
Nov 2019913,00755.302.75$13,304
Oct 2019763,36653.472.42$12,205
Sep 2019663,20155.052.66$12,139
Aug 2019743,40353.112.30$11,772
Jul 20192263,70056.272.46$21,819
Jun 20192143,50152.782.49$20,017
May 201983,55158.482.74$10,199
Apr 2019783,60862.632.75$14,810
Mar 20191053,71456.803.06$17,337
Feb 20191193,51850.852.79$15,874
Jan 20191004,16846.033.23$18,058
Dec 20181044,42646.594.19$23,370
Nov 20181164,65652.934.24$25,868
Oct 20181254,87561.443.40$24,246
Sep 2018984,61459.543.11$20,175
Aug 2018945,39459.403.07$22,125
Jul 2018945,40565.142.93$21,970
Jun 2018975,06660.183.08$21,425
May 20181185,24765.382.90$22,935
Apr 20181374,79563.842.90$22,655
Mar 20181524,81661.222.79$22,727
Feb 20182004,38761.782.77$24,491
Jan 20181755,15762.874.01$31,678
Dec 20171855,26557.272.92$25,977
Nov 20171494,81355.423.12$23,266
Oct 20171555,38849.292.98$23,716
Sep 20171835,18747.523.09$24,710
Aug 20171485,62045.373.00$23,599
Jul 20171366,01943.873.09$24,549
Jun 20171226,55542.493.09$25,421
May 20171265,71745.373.26$24,373
Apr 20172196,75847.933.21$32,201
Mar 20172057,43446.772.98$31,769
Feb 20171856,65350.452.95$28,977
Jan 20172428,20549.413.42$40,008
Dec 20162708,15348.763.72$43,517
Nov 20162408,32242.492.64$32,204
Oct 20162458,36446.193.09$37,163
Sep 20162086,23241.553.10$27,966
Aug 20162508,36141.442.92$34,810
Jul 20162277,52841.622.92$31,462
Jun 20161887,91545.352.69$29,784
May 201626310,33442.521.99$31,758
Apr 201634311,01436.561.99$34,469
Mar 201629410,61133.011.79$28,741
Feb 201635911,07126.472.06$32,349
Jan 201632411,50227.352.36$36,056
Dec 201537612,39532.362.00$36,975
Nov 201543514,31238.792.17$47,892
Oct 201532013,02443.552.43$45,540
Sep 201517414,62242.992.76$47,814
Aug 201522117,69740.162.87$59,710
Jul 201529820,06348.152.95$73,436
Jun 201535222,01256.152.88$83,222
May 201548026,20155.212.96$103,937
Apr 201559026,43049.822.71$100,928
Mar 201568322,62942.892.93$95,703
Feb 201582426,90644.662.98$116,877
Jan 20151,09234,84243.433.10$155,458
Dec 20141,32627,95054.693.59$172,897
Nov 201498720,02670.464.25$154,691
Oct 20141,03631,50278.303.90$204,007
Sep 20141,86148,06786.164.05$354,796
Aug 20142,33862,39789.394.04$460,773
Jul 20141,61445,91196.564.18$347,737

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             2 bbl  × $106.41 =       $213
Gas                  825 Mcf  × $  3.05 =     $2,513

────────────────────────────────────────────────────
Month total                                   $2,726

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/275512 is the state's own key, not one this site invented.