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 276721District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$7.8 M
Nov 2014 – May 2026
Value, last 12 filed months
$206 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
CondensateDisposition59,937 bbl$2,979,698
GasProduction1,597,367 Mcf$4,861,809
Total$7,841,508

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 2026573,045106.413.05$15,340
Apr 2026411,81898.932.87$9,273
Mar 2026471,43089.753.15$8,722
Feb 2026812,43963.503.75$14,291
Jan 2026894,10759.138.00$38,110
Dec 2025963,62956.664.41$21,455
Nov 2025644,22558.593.93$20,339
Oct 2025984,66159.383.30$21,223
Sep 2025734,14462.743.08$17,331
Aug 20251245,90163.933.01$25,717
Jul 2025212,23766.743.32$8,818
Jun 20254572866.483.13$5,269
May 20253801,65760.553.23$28,365
Apr 2025362,91462.363.54$12,570
Mar 2025332,85967.704.27$14,437
Feb 2025462,02170.884.34$12,033
Jan 2025373,37874.324.28$17,203
Dec 2024452,87968.993.12$12,091
Nov 2024462,59369.052.20$8,877
Oct 2024534,43871.372.28$13,907
Sep 2024604,66369.612.36$15,202
Aug 2024854,65975.632.06$16,043
Jul 2024732,15279.932.15$10,454
Jun 20243465978.082.63$4,391
May 2024713,14978.812.20$12,518
Apr 2024812,97084.451.66$11,768
Mar 20241453,43680.301.55$16,953
Feb 20241164,21676.091.78$16,346
Jan 2024242,23973.023.30$9,136
Dec 2023512,57071.262.61$10,344
Nov 2023373,42477.892.81$12,495
Oct 2023253,41685.443.09$12,682
Sep 2023433,46189.042.74$13,295
Aug 2023833,67480.522.67$16,503
Jul 20231013,71574.852.64$17,374
Jun 20231293,64868.962.26$17,135
May 2023973,54570.622.23$14,746
Apr 20231113,39278.122.24$16,262
Mar 20231533,58072.852.39$19,714
Feb 20231233,07675.112.47$16,823
Jan 20231373,68076.533.39$22,951
Dec 20221214,36576.415.73$34,253
Nov 20221213,66285.005.65$30,961
Oct 20221003,67087.185.86$30,238
Sep 20221233,65484.888.16$40,270
Aug 20221223,82694.529.13$46,452
Jul 20221143,965101.587.54$41,484
Jun 20221384,040115.097.98$48,110
May 20221313,981109.378.43$47,899
Apr 20221023,762104.226.84$36,353
Mar 20221283,996108.885.08$34,222
Feb 20221143,81991.054.86$28,936
Jan 20221064,88381.844.54$30,833
Dec 20211095,18271.323.90$27,979
Nov 20211024,88577.435.24$33,480
Oct 2021864,79179.795.71$34,237
Sep 2021904,43069.865.35$29,992
Aug 20211468,12966.024.22$43,948
Jul 20211348,11470.783.98$41,795
Jun 20211787,81969.493.38$38,802
May 20211328,12163.483.02$32,886
Apr 20211576,95160.362.76$28,650
Mar 20211417,85861.302.72$29,993
Feb 20211353,88257.805.55$29,340
Jan 20211845,34950.412.81$24,308
Dec 20201715,76944.642.68$23,068
Nov 20201585,64838.772.71$21,412
Oct 20201275,91936.972.48$19,365
Sep 20201205,87737.091.99$16,152
Aug 20201196,09039.982.39$19,283
Jul 20201485,87738.371.83$16,405
Jun 20202085,63334.901.69$16,781
May 20201435,96116.921.81$13,237
Apr 20201625,92714.751.80$13,084
Mar 20202006,08030.341.86$17,354
Feb 20201915,75749.881.98$20,930
Jan 20201886,30157.252.09$23,962
Dec 20191896,20959.012.30$25,461
Nov 20192155,98255.302.75$28,344
Oct 20191668,35753.472.42$29,088
Sep 201915110,07255.052.66$35,077
Aug 201915910,15253.112.30$31,838
Jul 20191866,66856.272.46$26,870
Jun 20191505,92452.782.49$22,675
May 20191746,19258.482.74$27,144
Apr 20191886,49562.632.75$29,640
Mar 20192078,29256.803.06$37,149
Feb 201918410,73250.852.79$39,323
Jan 201919812,17346.033.23$48,411
Dec 20181819,41546.594.19$47,839
Nov 20181638,22752.934.24$43,487
Oct 20182328,63961.443.40$43,610
Sep 20182198,55759.543.11$39,634
Aug 20181809,12759.403.07$38,680
Jul 20181919,22465.142.93$39,485
Jun 20182119,40160.183.08$41,624
May 20182379,20365.382.90$42,191
Apr 201825110,07963.842.90$45,261
Mar 201826210,56761.222.79$45,488
Feb 201827112,10661.782.77$50,229
Jan 201840416,04462.874.01$89,725
Dec 20172969,19357.272.92$43,809
Nov 20172638,94555.423.12$42,469
Oct 201728511,04049.292.98$46,987
Sep 201731311,74947.523.09$51,146
Aug 201721312,38345.373.00$46,867
Jul 201725913,20843.873.09$52,139
Jun 201729313,22942.493.09$53,291
May 201731114,02345.373.26$59,873
Apr 201739614,17147.933.21$64,492
Mar 201742815,16746.772.98$65,271
Feb 201745814,25950.452.95$65,207
Jan 201751615,99849.413.42$80,190
Dec 201661417,05048.763.72$93,413
Nov 201657317,48042.492.64$70,570
Oct 201664818,90146.193.09$88,340
Sep 201674918,85941.553.10$89,596
Aug 201685720,20841.442.92$94,609
Jul 201698021,62541.622.92$104,026
Jun 20161,11921,93645.352.69$109,663
May 20161,49425,57542.521.99$114,446
Apr 20161,51721,34636.561.99$97,962
Mar 20161,46824,17233.011.79$91,823
Feb 20161,22124,99426.472.06$83,898
Jan 20161,26730,66027.352.36$107,144
Dec 20151,51534,90032.362.00$118,875
Nov 20151,48731,57338.792.17$126,110
Oct 20151,56728,36443.552.43$137,070
Sep 201589731,26742.992.76$124,810
Aug 20151,06236,71540.162.87$148,113
Jul 20151,30241,32248.152.95$184,388
Jun 20151,54445,54356.152.88$217,990
May 20151,93654,23555.212.96$267,175
Apr 20151,83941,33549.822.71$203,495
Mar 20152,23347,88842.892.93$236,311
Feb 20152,88853,06444.662.98$286,907
Jan 20154,33968,90043.433.10$402,076
Dec 20145,10779,49354.693.59$564,790
Nov 20142,47444,36070.464.25$362,930

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            57 bbl  × $106.41 =     $6,065
Gas                3,045 Mcf  × $  3.05 =     $9,275

────────────────────────────────────────────────────
Month total                                  $15,340

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/276721 is the state's own key, not one this site invented.