GATES 'N' TR4

Operated by LEWIS PETRO PROPERTIES, INC. (P-5 499978) in the CATARINA, SW. (SAN MIGUEL-GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 275928District 01Field 16340900CondensateGasSaveExport
Value, all time
$800 k
Apr 2012 – May 2026
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
170
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 120 leases and 120 wells, and the rule below applies to all of them.

Discovered
1978-05-01
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1979-05-21.

The Commission's schedule remark for this field reads: KERNS O&G, INC. EFFECTIVE APRIL 1, 1997.

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
CondensateDisposition2,128 bbl$185,711
GasProduction187,900 Mcf$613,858
Total$799,569

Every month this lease reported (170)

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

170 months

May 2026021106.413.05$64
Apr 2026011898.932.87$339
Mar 2026022989.753.15$721
Feb 20260063.503.75$0
Jan 202609959.138.00$792
Dec 202502256.664.41$97
Nov 2025015158.593.93$593
Oct 202502259.383.30$73
Sep 2025022362.743.08$686
Aug 202503063.933.01$90
Jul 202509966.743.32$328
Jun 202507566.483.13$235
May 2025024260.553.23$782
Apr 20250562.363.54$18
Mar 2025020767.704.27$884
Feb 202501670.884.34$69
Jan 2025027574.324.28$1,177
Dec 202402568.993.12$78
Nov 2024018569.052.20$407
Oct 20240171.372.28$2
Sep 2024014069.612.36$331
Aug 202404775.632.06$97
Jul 2024019179.932.15$410
Jun 202403478.082.63$90
May 2024012878.812.20$281
Apr 2024015584.451.66$257
Mar 20240480.301.55$6
Feb 2024013576.091.78$241
Jan 2024022073.023.30$725
Dec 2023010971.262.61$285
Nov 202309177.892.81$255
Oct 2023014485.443.09$445
Sep 2023022489.042.74$613
Aug 2023039880.522.67$1,064
Jul 2023046674.852.64$1,231
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230578.122.24$11
Mar 2023016672.852.39$397
Feb 202304475.112.47$108
Jan 2023011576.533.39$390
Dec 2022040076.415.73$2,292
Nov 202202585.005.65$141
Oct 202203987.185.86$229
Sep 2022013284.888.16$1,078
Aug 2022022394.529.13$2,035
Jul 202217600101.587.54$6,252
Jun 202210448115.097.98$4,725
May 2022091109.378.43$767
Apr 2022098104.226.84$670
Mar 2022093108.885.08$472
Feb 202209991.054.86$481
Jan 2022027781.844.54$1,257
Dec 2021031171.323.90$1,213
Nov 2021053977.435.24$2,823
Oct 2021026879.795.71$1,531
Sep 2021027569.865.35$1,472
Aug 2021030966.024.22$1,304
Jul 2021034670.783.98$1,378
Jun 2021036269.493.38$1,224
May 2021024963.483.02$751
Apr 2021018060.362.76$497
Mar 2021020961.302.72$568
Feb 2021023057.805.55$1,276
Jan 2021021050.412.81$590
Dec 2020019444.642.68$519
Nov 2020022238.772.71$601
Oct 2020023036.972.48$570
Sep 2020020637.091.99$410
Aug 2020025739.982.39$613
Jul 2020021738.371.83$396
Jun 2020024134.901.69$407
May 2020015716.921.81$285
Apr 2020022314.751.80$402
Mar 2020030430.341.86$564
Feb 2020028049.881.98$555
Jan 2020031657.252.09$662
Dec 2019031259.012.30$719
Nov 2019028655.302.75$787
Oct 2019045953.472.42$1,110
Sep 2019043755.052.66$1,161
Aug 201902753.112.30$62
Jul 2019039256.272.46$964
Jun 2019040352.782.49$1,004
May 2019045958.482.74$1,258
Apr 2019056262.632.75$1,546
Mar 2019052056.803.06$1,592
Feb 2019039050.852.79$1,089
Jan 2019055846.033.23$1,801
Dec 2018061446.594.19$2,570
Nov 2018065752.934.24$2,784
Oct 2018077961.443.40$2,647
Sep 2018178059.543.11$2,484
Aug 2018194559.403.07$2,957
Jul 201801,04265.142.93$3,055
Jun 201801,14660.183.08$3,526
May 201801,28565.382.90$3,728
Apr 201821,86663.842.90$5,541
Mar 201801,51061.222.79$4,208
Feb 201852,17061.782.77$6,311
Jan 201801,87162.874.01$7,501
Dec 20172257.272.92$120
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 201722050.452.95$1,110
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160241.442.92$6
Jul 20160041.622.92$0
Jun 20160245.352.69$5
May 20160142.521.99$2
Apr 20160036.561.99$0
Mar 20160233.011.79$4
Feb 20160026.472.06$0
Jan 20160227.352.36$5
Dec 20150132.362.00$2
Nov 201576138.792.17$2,950
Oct 20150043.552.43$0
Sep 20150242.992.76$6
Aug 20150040.162.87$0
Jul 20150348.152.95$9
Jun 2015068856.152.88$1,983
May 201501,02955.212.96$3,041
Apr 201501,07149.822.71$2,899
Mar 201501,31942.892.93$3,871
Feb 20150044.662.98$0
Jan 2015022143.433.10$685
Dec 2014067354.693.59$2,417
Nov 201404870.464.25$204
Oct 2014017678.303.90$687
Sep 2014098286.164.05$3,973
Aug 201401,03989.394.04$4,192
Jul 201401,31096.564.18$5,475
Jun 2014082598.164.74$3,908
May 201418687994.734.73$21,774
Apr 201411,37295.944.81$6,694
Mar 20140695.895.06$30
Feb 2014013297.406.19$817
Jan 20141911,09990.404.86$22,608
Dec 201301,27391.824.35$5,543
Nov 201312,13188.853.74$8,055
Oct 201302,97997.423.78$11,259
Sep 201302,627104.113.72$9,767
Aug 201302,738104.253.52$9,645
Jul 20131833,662102.523.72$32,376
Jun 201304,08394.403.93$16,060
May 201305,53594.834.15$22,965
Apr 201302,64993.964.28$11,345
Mar 201303,02793.623.91$11,844
Feb 201303,48191.233.42$11,905
Jan 20131935,23191.603.42$35,568
Dec 201206,09186.773.42$20,832
Nov 20121767,48786.953.62$42,443
Oct 201218211,04489.383.40$53,813
Sep 2012014,99094.672.92$43,747
Aug 201217310,81592.662.91$47,482
Jul 201220219,49385.133.02$76,081
Jun 201237120,89279.822.52$82,241
May 201213311,59491.612.49$41,034
Apr 201200101.652.00$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                   21 Mcf  × $  3.05 =        $64

────────────────────────────────────────────────────
Month total                                      $64

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/275928 is the state's own key, not one this site invented.