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 276810District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$9.4 M
Nov 2014 – May 2026
Value, last 12 filed months
$236 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
CondensateDisposition76,900 bbl$3,905,708
GasProduction1,829,024 Mcf$5,534,147
Total$9,439,856

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 20261253,409106.413.05$23,685
Apr 20261413,20698.932.87$23,149
Mar 20261393,34789.753.15$23,016
Feb 20261372,75063.503.75$19,013
Jan 20261803,29259.138.00$36,973
Dec 20251913,18456.664.41$24,874
Nov 20251953,34458.593.93$24,555
Oct 20252173,71559.383.30$25,163
Sep 20252274,22462.743.08$27,239
Aug 2025361,13363.933.01$5,717
Jul 202521366.743.32$177
Jun 20251551366.483.13$2,602
May 2025852,79060.553.23$14,165
Apr 20251033,34762.363.54$18,282
Mar 20251252,43867.704.27$18,869
Feb 2025992,96370.884.34$19,879
Jan 20251113,43374.324.28$22,938
Dec 20241093,10668.993.12$17,215
Nov 20241023,68869.052.20$15,151
Oct 20241123,74471.372.28$16,535
Sep 2024943,43669.612.36$14,667
Aug 20241103,60975.632.06$15,767
Jul 20241333,60279.932.15$18,363
Jun 20241313,83178.082.63$20,319
May 20241122,74178.812.20$14,853
Apr 20241423,69384.451.66$18,119
Mar 20241072,90580.301.55$13,081
Feb 20241203,40276.091.78$15,199
Jan 20241002,49473.023.30$15,526
Dec 2023612,07771.262.61$9,769
Nov 20231153,81777.892.81$19,674
Oct 20231473,97585.443.09$24,832
Sep 20231413,94689.042.74$23,347
Aug 20231604,05680.522.67$23,724
Jul 20231334,23374.852.64$21,138
Jun 20231423,89968.962.26$18,598
May 20231294,06070.622.23$18,153
Apr 20231513,97478.122.24$20,689
Mar 20231874,15272.852.39$23,559
Feb 20231633,76975.112.47$21,536
Jan 20231764,21476.533.39$27,745
Dec 20222004,31976.415.73$40,026
Nov 20221614,13185.005.65$37,009
Oct 20221074,05787.185.86$33,118
Sep 20221714,33184.888.16$49,871
Aug 20221424,52694.529.13$54,731
Jul 20221414,414101.587.54$47,614
Jun 20221974,510115.097.98$58,650
May 20221884,683109.378.43$60,053
Apr 20221514,553104.226.84$46,869
Mar 20221654,752108.885.08$42,088
Feb 20221444,27591.054.86$33,883
Jan 20221394,82281.844.54$33,256
Dec 20211524,94471.323.90$30,118
Nov 20211414,84677.435.24$36,295
Oct 20211245,07579.795.71$38,892
Sep 20211124,24169.865.35$30,518
Aug 20211655,12366.024.22$32,515
Jul 20211745,73870.783.98$35,165
Jun 20211845,40669.493.38$31,062
May 20211945,81563.483.02$29,863
Apr 20212535,66360.362.76$30,892
Mar 20213535,95161.302.72$37,807
Feb 20212595,66557.805.55$46,399
Jan 20212436,02650.412.81$29,184
Dec 20202296,39844.642.68$27,340
Nov 20201986,23038.772.71$24,538
Oct 20201336,57636.972.48$21,215
Sep 2020896,35737.091.99$15,958
Aug 20203106,62839.982.39$28,202
Jul 20204996,67838.371.83$31,335
Jun 20203266,42434.901.69$22,236
May 20201836,85416.921.81$15,535
Apr 20202686,88114.751.80$16,369
Mar 20202937,21930.341.86$22,290
Feb 20203697,05849.881.98$32,385
Jan 20203177,66157.252.09$34,196
Dec 20192037,56859.012.30$29,418
Nov 20191987,24955.302.75$30,889
Oct 20192407,83353.472.42$31,777
Sep 20192987,64255.052.66$36,712
Aug 20192248,01153.112.30$30,357
Jul 20194208,07656.272.46$43,501
Jun 20191567,74752.782.49$27,533
May 20191788,41358.482.74$33,464
Apr 20192188,37962.632.75$36,701
Mar 20192698,93656.803.06$42,642
Feb 20192908,43150.852.79$38,288
Jan 20193509,50646.033.23$46,798
Dec 20183329,75346.594.19$56,288
Nov 20183109,84652.934.24$58,128
Oct 201841110,42261.443.40$60,667
Sep 201834310,40159.543.11$52,749
Aug 201832811,09459.403.07$53,504
Jul 201832411,36665.142.93$54,429
Jun 201841611,50960.183.08$60,447
May 201839011,12765.382.90$57,775
Apr 201835911,50863.842.90$56,301
Mar 201841212,86961.222.79$61,086
Feb 201841911,91961.782.77$58,855
Jan 201858912,68062.874.01$87,869
Dec 201753113,06357.272.92$68,574
Nov 201744913,32755.423.12$66,442
Oct 201746812,99649.292.98$61,844
Sep 201756314,54347.523.09$71,652
Aug 201749115,71845.373.00$69,500
Jul 201745816,21743.873.09$70,159
Jun 201739216,08942.493.09$66,327
May 201748716,93945.373.26$77,374
Apr 201773317,60547.933.21$91,673
Mar 201769819,05346.772.98$89,494
Feb 201769617,70750.452.95$87,395
Jan 201776419,27949.413.42$103,660
Dec 201686620,43148.763.72$118,287
Nov 201678121,27842.492.64$89,451
Oct 201679923,27646.193.09$108,835
Sep 201679623,44141.553.10$105,756
Aug 201686025,45141.442.92$110,066
Jul 201680227,29841.622.92$113,208
Jun 201693927,07445.352.69$115,300
May 20161,11327,93842.521.99$102,950
Apr 20161,16928,39236.561.99$99,268
Mar 20161,28231,40633.011.79$98,662
Feb 20161,34031,77026.472.06$101,031
Jan 20161,60436,16427.352.36$129,374
Dec 20152,08936,91532.362.00$141,482
Nov 20152,39133,32838.792.17$164,980
Oct 20152,12038,06143.552.43$184,684
Sep 20151,07439,69242.992.76$155,658
Aug 20151,23344,48040.162.87$177,286
Jul 20151,54347,92748.152.95$215,444
Jun 20151,88050,26156.152.88$250,457
May 20152,40056,60055.212.96$299,782
Apr 20152,62159,68749.822.71$292,125
Mar 20153,02767,56842.892.93$328,121
Feb 20153,30360,01944.662.98$326,140
Jan 20154,80375,80843.433.10$443,647
Dec 20145,30478,34754.693.59$571,448
Nov 20143,67559,23770.464.25$510,807

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           125 bbl  × $106.41 =    $13,301
Gas                3,409 Mcf  × $  3.05 =    $10,383

────────────────────────────────────────────────────
Month total                                  $23,685

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/276810 is the state's own key, not one this site invented.