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 276814District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$6.7 M
Nov 2014 – May 2026
Value, last 12 filed months
$76 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
CondensateDisposition54,606 bbl$2,749,538
GasProduction1,307,623 Mcf$3,944,130
Total$6,693,668

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 2026141,253106.413.05$5,306
Apr 20261675798.932.87$3,755
Mar 2026971489.753.15$3,056
Feb 2026897863.503.75$4,176
Jan 2026181,65059.138.00$14,261
Dec 2025201,54256.664.41$7,939
Nov 2025511,68858.593.93$9,616
Oct 2025881,24259.383.30$9,330
Sep 2025101,23962.743.08$4,440
Aug 2025241,40763.933.01$5,776
Jul 20254471766.743.32$5,314
Jun 2025491266.483.13$3,119
May 2025222,34660.553.23$8,915
Apr 2025142,14562.363.54$8,473
Mar 202542,08767.704.27$9,179
Feb 2025212,01270.884.34$10,222
Jan 2025532,53974.324.28$14,803
Dec 2024392,54368.993.12$10,628
Nov 2024292,62269.052.20$7,767
Oct 2024632,11571.372.28$9,321
Sep 2024542,22569.612.36$9,020
Aug 202492,72575.632.06$6,304
Jul 2024111,67179.932.15$4,466
Jun 2024351,82578.082.63$7,540
May 2024162,17678.812.20$6,045
Apr 2024442,23684.451.66$7,426
Mar 2024712,16180.301.55$9,040
Feb 2024751,91776.091.78$9,126
Jan 2024961,88973.023.30$13,239
Dec 2023711,94171.262.61$10,127
Nov 2023551,91977.892.81$9,672
Oct 2023612,02185.443.09$11,451
Sep 2023572,06189.042.74$10,712
Aug 2023602,43980.522.67$11,350
Jul 2023232,53874.852.64$8,426
Jun 2023362,40468.962.26$7,912
May 2023332,55770.622.23$8,026
Apr 20231282,42878.122.24$15,433
Mar 20231692,70472.852.39$18,783
Feb 20231552,35975.112.47$17,459
Jan 20231632,82376.533.39$22,038
Dec 20221133,04876.415.73$26,097
Nov 20221542,99985.005.65$30,023
Oct 20221183,30487.185.86$29,661
Sep 20221683,17184.888.16$40,147
Aug 20221402,93694.529.13$40,030
Jul 20221393,161101.587.54$37,960
Jun 20221603,033115.097.98$42,609
May 20221573,165109.378.43$43,862
Apr 20221252,918104.226.84$32,980
Mar 20221483,004108.885.08$31,364
Feb 20221322,47191.054.86$24,025
Jan 20221292,65781.844.54$22,614
Dec 20211322,81571.323.90$20,390
Nov 20211313,06877.435.24$26,210
Oct 20211193,40979.795.71$28,974
Sep 20211283,45469.865.35$27,424
Aug 20211583,79666.024.22$26,453
Jul 20211523,79070.783.98$25,851
Jun 20211643,77369.493.38$24,151
May 20211633,41463.483.02$20,650
Apr 20211853,24760.362.76$20,123
Mar 20211693,23761.302.72$19,154
Feb 20211683,31957.805.55$28,124
Jan 20212133,61150.412.81$20,885
Dec 20201913,60144.642.68$18,161
Nov 20201823,70738.772.71$17,089
Oct 20201554,01536.972.48$15,681
Sep 20201364,03137.091.99$13,070
Aug 20201343,70839.982.39$14,201
Jul 20201393,85338.371.83$12,366
Jun 20202154,17434.901.69$14,559
May 20201674,35816.921.81$10,734
Apr 20202144,26214.751.80$10,847
Mar 20202314,26230.341.86$14,920
Feb 20202034,00449.881.98$18,056
Jan 20202104,32157.252.09$21,074
Dec 20191974,32959.012.30$21,601
Nov 20192004,21655.302.75$22,657
Oct 20191924,59453.472.42$21,377
Sep 20191694,53355.052.66$21,349
Aug 20191694,63953.112.30$19,666
Jul 20191744,64756.272.46$21,223
Jun 20191704,64352.782.49$20,539
May 20191964,79158.482.74$24,591
Apr 20192074,54662.632.75$25,469
Mar 20192234,71256.803.06$27,095
Feb 20192024,70250.852.79$23,401
Jan 20192354,86146.033.23$26,509
Dec 20182264,27146.594.19$28,405
Nov 20181894,00552.934.24$26,974
Oct 20181503,10561.443.40$19,767
Sep 20182387,54159.543.11$37,608
Aug 20182146,78159.403.07$33,506
Jul 20182837,80465.142.93$41,315
Jun 20182876,96060.183.08$38,687
May 20183316,04665.382.90$39,179
Apr 20183408,47263.842.90$46,281
Mar 20183558,89261.222.79$46,514
Feb 20183418,21661.782.77$43,793
Jan 20183969,87062.874.01$64,469
Dec 201735815,08657.272.92$64,577
Nov 201734410,65455.423.12$52,287
Oct 20173947,56949.292.98$42,004
Sep 20174687,51147.523.09$45,428
Aug 20173778,66745.373.00$43,144
Jul 201737411,38343.873.09$51,550
Jun 201732811,44042.493.09$49,255
May 201748712,39945.373.26$62,558
Apr 201742611,53747.933.21$57,470
Mar 201744613,09446.772.98$59,928
Feb 201740912,38450.452.95$57,199
Jan 201739212,52949.413.42$62,203
Dec 201654913,26648.763.72$76,156
Nov 201649614,86342.492.64$60,378
Oct 201651616,24346.193.09$74,029
Sep 201650316,35041.553.10$71,595
Aug 201649217,69341.442.92$72,129
Jul 201647218,56041.622.92$73,920
Jun 201648819,35245.352.69$74,107
May 201668722,42642.521.99$73,862
Apr 201673422,04336.561.99$70,724
Mar 201671716,90833.011.79$54,001
Feb 201692722,27426.472.06$70,503
Jan 20161,24425,90727.352.36$95,277
Dec 20151,50528,56632.362.00$105,874
Nov 20151,54630,40838.792.17$125,874
Oct 20151,56234,55543.552.43$151,876
Sep 201580327,87042.992.76$111,398
Aug 201591628,22640.162.87$117,865
Jul 20151,17334,09448.152.95$156,890
Jun 20151,49037,92356.152.88$192,990
May 20151,78145,26155.212.96$232,096
Apr 20151,98750,12849.822.71$234,667
Mar 20152,46359,59042.892.93$280,517
Feb 20152,37147,01344.662.98$245,808
Jan 20154,09569,97943.433.10$394,825
Dec 20144,87272,25354.693.59$525,936
Nov 20142,01539,82070.464.25$311,285

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            14 bbl  × $106.41 =     $1,490
Gas                1,253 Mcf  × $  3.05 =     $3,816

────────────────────────────────────────────────────
Month total                                   $5,306

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/276814 is the state's own key, not one this site invented.