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 276720District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$7.9 M
Nov 2014 – May 2026
Value, last 12 filed months
$302 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
CondensateDisposition68,255 bbl$3,495,041
GasProduction1,462,432 Mcf$4,447,415
Total$7,942,456

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 20261272,851106.413.05$22,198
Apr 2026643,64498.932.87$16,789
Mar 2026446,23189.753.15$23,573
Feb 2026747,53663.503.75$32,961
Jan 20261402,76059.138.00$30,352
Dec 20251272,97956.664.41$20,343
Nov 2025942,93558.593.93$17,032
Oct 20251383,06759.383.30$18,330
Sep 20255733,45362.743.08$46,575
Aug 20257093,78263.933.01$56,728
Jul 20251421,47466.743.32$14,364
Jun 20251347366.483.13$2,344
May 2025763,28960.553.23$15,233
Apr 2025952,70862.363.54$15,519
Mar 20251293,01567.704.27$21,602
Feb 20251082,56770.884.34$18,798
Jan 20251072,57974.324.28$18,987
Dec 20241242,93168.993.12$17,704
Nov 2024992,96869.052.20$13,361
Oct 20241022,85371.372.28$13,789
Sep 2024792,54169.612.36$11,507
Aug 20241003,48375.632.06$14,751
Jul 20241135,22679.932.15$20,250
Jun 20243586178.082.63$5,001
May 2024942,66378.812.20$13,263
Apr 20241212,90384.451.66$15,035
Mar 20241563,02280.301.55$17,196
Feb 20241482,95976.091.78$16,539
Jan 2024852,93273.023.30$15,875
Dec 2023892,25771.262.61$12,235
Nov 20231092,74877.892.81$16,205
Oct 20231373,04885.443.09$21,115
Sep 20231353,20189.042.74$20,775
Aug 20231413,36780.522.67$20,353
Jul 20231153,32874.852.64$17,400
Jun 20231172,88468.962.26$14,582
May 20231273,29670.622.23$16,310
Apr 20231493,24078.122.24$18,890
Mar 20231583,14672.852.39$19,039
Feb 20231592,98075.112.47$19,290
Jan 20231633,28576.533.39$23,603
Dec 20221213,32376.415.73$28,283
Nov 20221383,27285.005.65$30,204
Oct 20221153,45587.185.86$30,285
Sep 20221413,47484.888.16$40,329
Aug 20221423,67794.529.13$46,982
Jul 20221433,814101.587.54$43,291
Jun 20221983,756115.097.98$52,750
May 20221453,588109.378.43$46,116
Apr 20221323,743104.226.84$39,350
Mar 20221633,905108.885.08$37,571
Feb 20221313,25191.054.86$27,724
Jan 20221243,41181.844.54$25,626
Dec 20211293,64971.323.90$23,428
Nov 20211223,28277.435.24$26,634
Oct 20211043,35179.795.71$27,445
Sep 20211093,02269.865.35$23,785
Aug 20211364,00866.024.22$25,895
Jul 20211484,46570.783.98$28,255
Jun 20211604,43469.493.38$26,108
May 20211494,57963.483.02$23,276
Apr 20211784,57360.362.76$23,358
Mar 20211775,03461.302.72$24,527
Feb 20211493,46957.805.55$27,858
Jan 20211904,36650.412.81$21,848
Dec 20201985,30444.642.68$23,029
Nov 20201815,27838.772.71$21,303
Oct 20201514,68036.972.48$17,182
Sep 20201415,13737.091.99$15,458
Aug 20201475,15739.982.39$18,177
Jul 20201915,43838.371.83$17,254
Jun 20203685,39934.901.69$21,969
May 20203535,73616.921.81$16,382
Apr 20202515,59814.751.80$13,803
Mar 20202435,81130.341.86$18,159
Feb 20202245,36149.881.98$21,791
Jan 20202406,05257.252.09$26,417
Dec 20192526,11959.012.30$28,971
Nov 20192835,82755.302.75$31,678
Oct 20192416,25353.472.42$28,009
Sep 20191715,65555.052.66$24,440
Aug 20191565,50353.112.30$20,966
Jul 20192126,33756.272.46$27,519
Jun 20191775,84952.782.49$23,913
May 20192547,42158.482.74$35,190
Apr 20192627,34662.632.75$36,616
Mar 20193077,61756.803.06$40,762
Feb 20192847,02550.852.79$34,057
Jan 20193767,91446.033.23$42,855
Dec 20183377,97146.594.19$49,063
Nov 20183257,83952.934.24$50,418
Oct 20183848,35161.443.40$51,970
Sep 20183078,10159.543.11$43,457
Aug 20182828,39259.403.07$42,485
Jul 20182868,37065.142.93$43,170
Jun 20183088,42060.183.08$44,443
May 20183107,71065.382.90$42,633
Apr 20183688,79263.842.90$48,997
Mar 20183478,87261.222.79$45,968
Feb 20182558,43961.782.77$39,097
Jan 20185019,26162.874.01$68,628
Dec 20174909,79757.272.92$56,684
Nov 20174269,98155.423.12$54,733
Oct 201744210,69449.292.98$53,694
Sep 201752611,03147.523.09$59,051
Aug 201742411,28245.373.00$53,133
Jul 201738411,78343.873.09$53,224
Jun 201735111,26942.493.09$49,705
May 201744912,30645.373.26$60,531
Apr 201753612,28747.933.21$65,151
Mar 201756612,78546.772.98$64,618
Feb 201752811,60150.452.95$60,891
Jan 201762913,59049.413.42$77,540
Dec 201663413,33048.763.72$80,539
Nov 201659713,99242.492.64$62,366
Oct 201669215,61946.193.09$80,230
Sep 201667815,57241.553.10$76,454
Aug 201672616,87941.442.92$79,445
Jul 201673617,93041.622.92$83,066
Jun 201681218,42945.352.69$86,321
May 20161,05322,42642.521.99$89,425
Apr 201693420,54336.561.99$75,049
Mar 20161,03723,54833.011.79$76,477
Feb 20161,04524,26926.472.06$77,743
Jan 20161,28228,11227.352.36$101,530
Dec 20151,52731,23232.362.00$111,922
Nov 20151,78826,94538.792.17$127,755
Oct 20151,67727,66643.552.43$140,167
Sep 201589529,33942.992.76$119,405
Aug 20151,05333,83940.162.87$139,491
Jul 20151,36037,81948.152.95$176,864
Jun 20151,73041,87056.152.88$217,845
May 20152,11048,93855.212.96$261,127
Apr 20152,15445,22149.822.71$229,706
Mar 20152,55949,29042.892.93$254,407
Feb 20153,25155,15444.662.98$309,338
Jan 20154,65769,37243.433.10$417,350
Dec 20145,58381,96254.693.59$599,689
Nov 20143,20252,02970.464.25$446,832

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           127 bbl  × $106.41 =    $13,514
Gas                2,851 Mcf  × $  3.05 =     $8,684

────────────────────────────────────────────────────
Month total                                  $22,198

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/276720 is the state's own key, not one this site invented.