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 276712District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$8.2 M
Nov 2014 – May 2026
Value, last 12 filed months
$231 k
at the published price for each month
Months reported
139
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
CondensateDisposition66,564 bbl$3,388,817
GasProduction1,604,667 Mcf$4,858,578
Total$8,247,395

Every month this lease reported (139)

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

139 months

May 2026902,625106.413.05$17,572
Apr 20261122,63598.932.87$18,642
Mar 20261062,82989.753.15$18,423
Feb 20261172,66563.503.75$17,424
Jan 20261612,90859.138.00$32,778
Dec 20251922,32656.664.41$21,144
Nov 20251873,13858.593.93$23,278
Oct 20252473,35059.383.30$25,738
Sep 20253113,59462.743.08$30,571
Aug 20252143,18763.933.01$23,289
Jul 202511866.743.32$126
Jun 2025553266.483.13$1,997
May 2025502,89460.553.23$12,382
Apr 2025683,09862.363.54$15,217
Mar 2025873,07167.704.27$18,998
Feb 2025812,74970.884.34$17,674
Jan 2025913,01574.324.28$19,663
Dec 2024912,62668.993.12$14,475
Nov 2024763,26569.052.20$12,426
Oct 2024833,60171.372.28$14,139
Sep 2024633,76469.612.36$13,285
Aug 2024403,82475.632.06$10,917
Jul 2024433,84179.932.15$11,682
Jun 2024573,87978.082.63$14,668
May 2024613,84778.812.20$13,265
Apr 20241003,33584.451.66$13,978
Mar 20241203,51780.301.55$15,070
Feb 20241533,54076.091.78$17,956
Jan 2024954,30473.023.30$21,130
Dec 2023522,01371.262.61$8,961
Nov 2023813,48577.892.81$16,093
Oct 20231203,66185.443.09$21,555
Sep 20231173,65889.042.74$20,422
Aug 20231303,87080.522.67$20,812
Jul 20231213,91974.852.64$19,410
Jun 20231273,86668.962.26$17,489
May 20231164,02070.622.23$17,146
Apr 20231383,91478.122.24$19,539
Mar 20231604,07672.852.39$21,411
Feb 20231483,91975.112.47$20,779
Jan 20231654,40976.533.39$27,564
Dec 20221143,00176.415.73$25,904
Nov 20221303,93085.005.65$33,240
Oct 20221024,12087.185.86$33,051
Sep 20221464,15084.888.16$46,272
Aug 20221224,37094.529.13$51,417
Jul 20221394,471101.587.54$47,840
Jun 20221513,881115.097.98$48,338
May 20221383,940109.378.43$48,319
Apr 20221214,639104.226.84$44,330
Mar 20221364,737108.885.08$38,855
Feb 20221234,08391.054.86$31,038
Jan 20221335,12281.844.54$34,127
Dec 20211345,03071.323.90$29,169
Nov 20211234,54277.435.24$33,310
Oct 20211034,65379.795.71$34,805
Sep 20211034,32269.865.35$30,322
Aug 20211325,00166.024.22$29,822
Jul 20211655,58470.783.98$33,915
Jun 20211585,23269.493.38$28,667
May 20211675,64763.483.02$27,642
Apr 20211825,67060.362.76$26,626
Mar 20211725,62461.302.72$25,824
Feb 20211655,46857.805.55$39,873
Jan 20212106,24250.412.81$28,128
Dec 20201856,33044.642.68$25,194
Nov 20201696,10038.772.71$23,062
Oct 20201316,29136.972.48$20,435
Sep 20201186,11837.091.99$16,558
Aug 20201196,38139.982.39$19,977
Jul 20201546,40938.371.83$17,606
Jun 20202206,35434.901.69$18,418
May 20201636,81616.921.81$15,127
Apr 20201996,63214.751.80$14,902
Mar 20202416,83430.341.86$19,997
Feb 20202086,44049.881.98$23,131
Jan 20202287,07157.252.09$27,865
Dec 20192367,11959.012.30$30,331
Nov 20192657,08055.302.75$34,129
Oct 20192347,59153.472.42$30,871
Sep 20192077,38355.052.66$31,014
Aug 20192067,80953.112.30$28,935
Jul 20192367,93656.272.46$32,803
Jun 20192287,80352.782.49$31,473
May 20192628,22458.482.74$37,858
Apr 20192678,17662.632.75$39,212
Mar 20193138,66856.803.06$44,321
Feb 20192908,16350.852.79$37,539
Jan 20193219,19046.033.23$44,443
Dec 20182819,33946.594.19$52,180
Nov 20183039,25252.934.24$55,241
Oct 201839910,32661.443.40$59,603
Sep 201832510,31659.543.11$51,413
Aug 201829810,96459.403.07$51,323
Jul 201828111,34365.142.93$51,561
Jun 201831011,22360.183.08$53,188
May 201835110,95465.382.90$54,724
Apr 201840412,00363.842.90$60,610
Mar 201842612,81961.222.79$61,804
Feb 201840111,78961.782.77$57,384
Jan 201852312,73262.874.01$83,928
Dec 201751812,04657.272.92$64,858
Nov 201742612,16255.423.12$61,534
Oct 201746311,93049.292.98$58,417
Sep 201751414,03847.523.09$67,765
Aug 201743615,45445.373.00$66,211
Jul 201742016,13643.873.09$68,242
Jun 201737715,59742.493.09$64,171
May 201748616,70245.373.26$76,555
Apr 201769316,80447.933.21$87,183
Mar 201772717,71446.772.98$86,855
Feb 201779816,54150.452.95$89,098
Jan 201777716,84949.413.42$95,995
Dec 201682017,57648.763.72$105,416
Nov 201675217,86942.492.64$79,204
Oct 201681019,71646.193.09$98,341
Sep 201678220,58141.553.10$96,306
Aug 201682021,51441.442.92$96,895
Jul 201684223,03141.622.92$102,395
Jun 201681423,57045.352.69$100,220
May 20161,09326,98142.521.99$100,195
Apr 20161,09826,41236.561.99$92,730
Mar 20161,15326,86133.011.79$86,249
Feb 20161,17827,02226.472.06$86,945
Jan 20161,40130,51527.352.36$110,466
Dec 20151,62633,53032.362.00$119,725
Nov 20151,97929,19338.792.17$140,036
Oct 20151,79430,27243.552.43$151,586
Sep 201590530,98242.992.76$124,367
Aug 20151,04234,61240.162.87$141,269
Jul 20151,30337,06748.152.95$171,905
Jun 20151,57139,05756.152.88$200,808
May 20151,99443,88955.212.96$239,800
Apr 20152,15846,65849.822.71$233,795
Mar 20152,54853,16642.892.93$265,311
Feb 20152,43741,10944.662.98$231,185
Jan 20153,62957,86443.433.10$337,022
Dec 20144,53361,91754.693.59$470,276
Nov 20143,39949,50670.464.25$449,985

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            90 bbl  × $106.41 =     $9,577
Gas                2,625 Mcf  × $  3.05 =     $7,995

────────────────────────────────────────────────────
Month total                                  $17,572

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/276712 is the state's own key, not one this site invented.