GATES 11-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 276408District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$9.4 M
Sep 2014 – May 2026
Value, last 12 filed months
$182 k
at the published price for each month
Months reported
141
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
CondensateDisposition76,277 bbl$4,155,787
GasProduction1,681,845 Mcf$5,249,539
Total$9,405,326

Every month this lease reported (141)

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

141 months

May 2026712,603106.413.05$15,483
Apr 2026682,42498.932.87$13,683
Mar 2026642,85589.753.15$14,736
Feb 2026652,37163.503.75$13,020
Jan 2026642,47659.138.00$23,587
Dec 2025732,65456.664.41$15,849
Nov 2025672,69958.593.93$14,523
Oct 2025702,85759.383.30$13,599
Sep 2025672,81362.743.08$12,859
Aug 2025863,17063.933.01$15,055
Jul 2025583,40266.743.32$15,149
Jun 2025653,19466.483.13$14,314
May 2025793,11960.553.23$14,865
Apr 2025922,97762.363.54$16,285
Mar 20251012,99067.704.27$19,600
Feb 2025782,52570.884.34$16,489
Jan 2025902,90774.324.28$19,127
Dec 2024883,13268.993.12$15,847
Nov 2024752,91969.052.20$11,596
Oct 2024853,12671.372.28$13,198
Sep 2024683,18769.612.36$12,269
Aug 2024773,08575.632.06$12,190
Jul 2024783,21179.932.15$13,127
Jun 2024893,34878.082.63$15,768
May 2024873,26578.812.20$14,034
Apr 2024882,94884.451.66$12,323
Mar 2024972,92480.301.55$12,307
Feb 2024982,83176.091.78$12,506
Jan 20241013,13673.023.30$17,716
Dec 20231033,19071.262.61$15,668
Nov 2023703,59577.892.81$15,545
Oct 20231103,69385.443.09$20,800
Sep 20231063,58589.042.74$19,243
Aug 20231193,73180.522.67$19,554
Jul 20231143,93774.852.64$18,934
Jun 20231263,78068.962.26$17,226
May 20231083,26970.622.23$14,908
Apr 20231373,24178.122.24$17,955
Mar 20231763,35472.852.39$20,848
Feb 20231613,26775.112.47$20,148
Jan 20231654,00076.533.39$26,178
Dec 20221374,13276.415.73$34,141
Nov 20221183,91285.005.65$32,118
Oct 20221254,58487.185.86$37,777
Sep 20221524,44284.888.16$49,165
Aug 20221554,62894.529.13$56,891
Jul 20221634,821101.587.54$52,918
Jun 20221854,794115.097.98$59,534
May 20221714,910109.378.43$60,109
Apr 20221414,879104.226.84$48,056
Mar 20221564,856108.885.08$41,636
Feb 20221063,26091.054.86$25,491
Jan 2022572,18681.844.54$14,584
Dec 2021904,08671.323.90$22,351
Nov 2021943,88377.435.24$27,613
Oct 2021743,88779.795.71$28,114
Sep 2021894,30869.865.35$29,269
Aug 20211395,47766.024.22$32,293
Jul 20211375,25070.783.98$30,603
Jun 2021985,44269.493.38$25,207
May 2021765,53063.483.02$21,512
Apr 2021725,36860.362.76$19,153
Mar 2021894,91661.302.72$18,812
Feb 20211344,68857.805.55$33,754
Jan 20211725,56150.412.81$24,298
Dec 20201585,54844.642.68$21,897
Nov 20201505,42038.772.71$20,485
Oct 20201385,78336.972.48$19,435
Sep 20201135,70237.091.99$15,544
Aug 20201085,66739.982.39$17,834
Jul 20201315,98138.371.83$15,943
Jun 20201815,81334.901.69$16,143
May 20201536,16916.921.81$13,784
Apr 20201715,73914.751.80$12,878
Mar 20201675,96030.341.86$16,130
Feb 20201665,91649.881.98$19,998
Jan 20201736,46257.252.09$23,440
Dec 20191666,66859.012.30$25,161
Nov 20191595,36055.302.75$23,536
Oct 20191736,39453.472.42$24,714
Sep 20191646,34355.052.66$25,883
Aug 20191826,68153.112.30$25,061
Jul 20191896,86456.272.46$27,521
Jun 20191936,85452.782.49$27,261
May 20192086,79258.482.74$30,776
Apr 20192126,37262.632.75$30,805
Mar 20192606,94156.803.06$36,022
Feb 20192406,62650.852.79$30,705
Jan 20193087,63646.033.23$38,828
Dec 20182657,68546.594.19$44,511
Nov 20182287,48752.934.24$43,792
Oct 20182337,97261.443.40$41,405
Sep 20182228,75959.543.11$40,441
Aug 20182789,83659.403.07$46,676
Jul 20182789,91165.142.93$47,167
Jun 201832910,30660.183.08$51,510
May 20184449,41965.382.90$56,351
Apr 201836510,48063.842.90$53,702
Mar 201839310,97961.222.79$54,656
Feb 201839310,54861.782.77$53,457
Jan 201852311,27962.874.01$78,102
Dec 201746311,91457.272.92$61,323
Nov 201739611,50455.423.12$57,820
Oct 201740411,76149.292.98$55,004
Sep 201750712,23047.523.09$61,850
Aug 201737612,90045.373.00$55,816
Jul 201740913,34343.873.09$59,136
Jun 201742013,32842.493.09$58,993
May 201748014,08245.373.26$67,733
Apr 201763314,58947.933.21$77,194
Mar 201751915,04146.772.98$69,151
Feb 201752814,07550.452.95$68,195
Jan 201764915,54449.413.42$85,209
Dec 201659816,57548.763.72$90,864
Nov 201659717,52542.492.64$71,709
Oct 201679419,67446.193.09$97,473
Sep 201690819,75441.553.10$98,977
Aug 201693221,34941.442.92$101,054
Jul 201696122,62341.622.92$106,154
Jun 20161,03022,90045.352.69$108,216
May 20161,10926,67542.521.99$100,266
Apr 20161,16128,94036.561.99$100,067
Mar 20161,38632,89133.011.79$104,759
Feb 20161,09424,59926.472.06$79,721
Jan 20161,12225,52127.352.36$91,028
Dec 20151,24727,22132.362.00$94,833
Nov 20151,33028,79038.792.17$113,988
Oct 20151,28929,90843.552.43$128,710
Sep 20151,84134,91142.992.76$175,444
Aug 20151,22423,12140.162.87$115,571
Jul 20151,65827,75148.152.95$161,562
Jun 20152,17837,31256.152.88$229,860
May 20152,84548,77055.212.96$301,210
Apr 20151,87035,82649.822.71$190,129
Mar 20152,81457,48142.892.93$289,383
Feb 20153,05357,45444.662.98$307,341
Jan 20154,16976,30543.433.10$417,653
Dec 20145,34475,85554.693.59$564,686
Nov 20144,55770,83770.464.25$622,274
Oct 20145,91090,61078.303.90$816,219
Sep 20142,54418,41486.164.05$293,684

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            71 bbl  × $106.41 =     $7,555
Gas                2,603 Mcf  × $  3.05 =     $7,928

────────────────────────────────────────────────────
Month total                                  $15,483

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/276408 is the state's own key, not one this site invented.