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 276718District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$6.0 M
Nov 2014 – May 2026
Value, last 12 filed months
$296 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
CondensateDisposition50,806 bbl$2,723,527
GasProduction1,080,070 Mcf$3,316,143
Total$6,039,670

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 2026851,702106.413.05$14,229
Apr 2026882,27098.932.87$15,220
Mar 20261302,41889.753.15$19,283
Feb 20261202,22363.503.75$15,957
Jan 20263962,86759.138.00$46,346
Dec 202538321756.664.41$22,658
Nov 202518918358.593.93$11,792
Oct 2025477059.383.30$3,022
Sep 20251,13162062.743.08$72,867
Aug 202579635463.933.01$51,956
Jul 202527123266.743.32$18,856
Jun 20251888466.483.13$3,962
May 20256594360.553.23$6,984
Apr 2025772,41362.363.54$13,351
Mar 20251002,57967.704.27$17,778
Feb 2025862,36470.884.34$16,357
Jan 2025882,97274.324.28$19,256
Dec 2024832,74868.993.12$14,304
Nov 20241043,00169.052.20$13,779
Oct 20241182,88771.372.28$15,008
Sep 2024762,57469.612.36$11,376
Aug 2024832,88075.632.06$12,221
Jul 2024974,15379.932.15$16,668
Jun 20244294778.082.63$5,774
May 2024622,22078.812.20$9,767
Apr 2024621,78184.451.66$8,191
Mar 20241162,69180.301.55$13,473
Feb 20241102,48076.091.78$12,793
Jan 20241152,81373.023.30$17,674
Dec 20231122,85271.262.61$15,427
Nov 2023972,78877.892.81$15,383
Oct 20231282,89985.443.09$19,886
Sep 20231252,88289.042.74$19,012
Aug 20231543,02280.522.67$20,478
Jul 20231123,04874.852.64$16,435
Jun 20231003,04268.962.26$13,766
May 20231073,10470.622.23$14,470
Apr 20231163,00978.122.24$15,795
Mar 20231612,98572.852.39$18,872
Feb 20231542,82175.112.47$18,523
Jan 20231423,02776.533.39$21,122
Dec 20221143,28476.415.73$27,525
Nov 20221263,29385.005.65$29,303
Oct 20221043,32687.185.86$28,570
Sep 20221433,37384.888.16$39,674
Aug 20222123,52394.529.13$52,193
Jul 20221203,411101.587.54$37,916
Jun 20221393,364115.097.98$42,833
May 20221373,521109.378.43$44,676
Apr 20221323,634104.226.84$38,605
Mar 20221613,753108.885.08$36,581
Feb 20221383,41991.054.86$29,177
Jan 20221152,30281.844.54$19,857
Dec 20211213,48671.323.90$22,222
Nov 20211113,52477.435.24$27,049
Oct 20211053,74279.795.71$29,759
Sep 20211203,71769.865.35$28,273
Aug 20211183,64566.024.22$23,174
Jul 20211093,76970.783.98$22,723
Jun 20211593,82969.493.38$23,993
May 20211304,18663.483.02$20,884
Apr 20211473,89060.362.76$19,603
Mar 20211434,00061.302.72$19,634
Feb 20211623,10157.805.55$26,568
Jan 20212405,27150.412.81$26,911
Dec 20201677,25544.642.68$26,865
Nov 20201577,04038.772.71$25,141
Oct 20201337,25236.972.48$22,891
Sep 20201137,04837.091.99$18,224
Aug 20201067,29039.982.39$21,625
Jul 20201177,22238.371.83$17,670
Jun 20201626,91534.901.69$17,342
May 20201257,09816.921.81$14,996
Apr 20201646,79214.751.80$14,674
Mar 20201827,05330.341.86$18,614
Feb 20201526,12949.881.98$19,721
Jan 20201606,95257.252.09$23,723
Dec 20191566,88759.012.30$25,076
Nov 20191886,88455.302.75$29,332
Oct 20191625,81653.472.42$22,728
Sep 20191514,86855.052.66$21,248
Aug 20191515,09153.112.30$19,751
Jul 20191705,50256.272.46$23,101
Jun 20191756,02552.782.49$24,246
May 20191093,33158.482.74$15,502
Apr 20191704,41062.632.75$22,778
Mar 20192115,30556.803.06$28,229
Feb 20191915,16650.852.79$24,137
Jan 20192135,53746.033.23$27,679
Dec 20182296,11246.594.19$36,251
Nov 20182125,71452.934.24$35,433
Oct 20182536,10761.443.40$36,296
Sep 20182155,98559.543.11$31,402
Aug 20182076,09659.403.07$30,990
Jul 20181836,55565.142.93$31,139
Jun 20181947,09160.183.08$33,493
May 20182116,76165.382.90$33,407
Apr 20182255,62363.842.90$30,675
Mar 20181876,10361.222.79$28,456
Feb 20182005,67161.782.77$28,043
Jan 20182615,83662.874.01$39,807
Dec 20172245,35157.272.92$28,462
Nov 20172085,68655.423.12$29,258
Oct 20172367,22149.292.98$33,178
Sep 20172818,06647.523.09$38,255
Aug 20172359,24345.373.00$38,432
Jul 20172239,54443.873.09$39,248
Jun 20172339,30042.493.09$38,612
May 20172589,46245.373.26$42,584
Apr 20172708,34947.933.21$39,755
Mar 20173299,32246.772.98$43,201
Feb 20173138,65450.452.95$41,343
Jan 20173359,19849.413.42$47,998
Dec 20164099,37248.763.72$54,833
Nov 201637610,37742.492.64$43,417
Oct 201638011,86846.193.09$54,227
Sep 201635611,43341.553.10$50,241
Aug 201635811,95341.442.92$49,790
Jul 201633112,77341.622.92$51,129
Jun 201635012,71945.352.69$50,034
May 201650014,43042.521.99$49,991
Apr 201654112,87636.561.99$45,416
Mar 201655212,84633.011.79$41,267
Feb 201661613,43826.472.06$44,037
Jan 201671715,64527.352.36$56,600
Dec 201583317,24132.362.00$61,462
Nov 201596819,44838.792.17$79,699
Oct 201588019,82643.552.43$86,433
Sep 201548124,44442.992.76$88,105
Aug 20151,11828,57840.162.87$126,989
Jul 20151,19531,63248.152.95$150,698
Jun 20151,63325,09556.152.88$164,038
May 20151,93726,68355.212.96$185,802
Apr 20151,61531,16149.822.71$164,799
Mar 20151,76024,92142.892.93$148,622
Feb 20152,31730,83644.662.98$195,251
Jan 20153,20145,98743.433.10$281,608
Dec 20144,72261,49654.693.59$479,100
Nov 20143,20142,74670.464.25$407,292

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            85 bbl  × $106.41 =     $9,045
Gas                1,702 Mcf  × $  3.05 =     $5,184

────────────────────────────────────────────────────
Month total                                  $14,229

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/276718 is the state's own key, not one this site invented.