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 276815District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$6.3 M
Nov 2014 – May 2026
Value, last 12 filed months
$177 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
CondensateDisposition61,382 bbl$3,042,860
GasProduction1,089,881 Mcf$3,298,273
Total$6,341,132

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 2026772,174106.413.05$14,815
Apr 2026824,83898.932.87$21,996
Mar 2026815,16589.753.15$23,537
Feb 2026843,92563.503.75$20,054
Jan 2026972,83259.138.00$28,386
Dec 2025941,75056.664.41$13,049
Nov 2025882,04958.593.93$13,201
Oct 2025772,04259.383.30$11,321
Sep 2025752,06762.743.08$11,065
Aug 2025812,04463.933.01$11,341
Jul 20253679166.743.32$5,025
Jun 20251375166.483.13$3,214
May 2025491,85060.553.23$8,947
Apr 2025611,91162.363.54$10,575
Mar 2025631,83267.704.27$12,085
Feb 2025421,51470.884.34$9,549
Jan 2025512,03774.324.28$12,506
Dec 2024591,33868.993.12$8,247
Nov 2024231,27869.052.20$4,398
Oct 20245587871.372.28$5,928
Sep 2024541,37869.612.36$7,017
Aug 2024721,81275.632.06$9,185
Jul 20242879179.932.15$3,936
Jun 2024871,35578.082.63$10,362
May 20244387478.812.20$5,310
Apr 20244487884.451.66$5,173
Mar 2024311,04480.301.55$4,102
Feb 2024811,83776.091.78$9,440
Jan 20241266473.023.30$3,066
Dec 2023661,71471.262.61$9,178
Nov 2023631,72477.892.81$9,747
Oct 2023631,85485.443.09$11,107
Sep 2023771,88489.042.74$12,009
Aug 2023831,96780.522.67$11,941
Jul 2023551,87774.852.64$9,075
Jun 2023322,08068.962.26$6,904
May 2023381,83670.622.23$6,773
Apr 2023271,84378.122.24$6,233
Mar 2023611,81972.852.39$8,797
Feb 2023651,72775.112.47$9,140
Jan 2023791,87976.533.39$12,411
Dec 2022632,00976.415.73$16,324
Nov 2022862,24885.005.65$20,003
Oct 2022392,01887.185.86$15,233
Sep 2022522,06684.888.16$21,280
Aug 2022752,38894.529.13$28,885
Jul 2022942,264101.587.54$26,624
Jun 2022702,416115.097.98$27,329
May 2022712,481109.378.43$28,688
Apr 2022562,327104.226.84$21,747
Mar 2022772,510108.885.08$21,126
Feb 2022622,21691.054.86$16,412
Jan 2022682,35481.844.54$16,247
Dec 2021912,21071.323.90$15,107
Nov 20211562,01277.435.24$22,616
Oct 2021811,96979.795.71$17,714
Sep 202121,17969.865.35$6,448
Aug 2021611,72366.024.22$11,299
Jul 2021441,84970.783.98$10,477
Jun 2021711,33169.493.38$9,433
May 20211022,24463.483.02$13,247
Apr 2021841,93360.362.76$10,402
Mar 2021992,06261.302.72$11,671
Feb 2021771,91357.805.55$15,064
Jan 20211321,87150.412.81$11,912
Dec 20201222,19644.642.68$11,321
Nov 20201131,92438.772.71$9,588
Oct 2020882,41836.972.48$9,246
Sep 2020762,34937.091.99$7,496
Aug 2020802,44839.982.39$9,037
Jul 2020942,26338.371.83$7,737
Jun 20201612,18934.901.69$9,319
May 20201111,13616.921.81$3,940
Apr 20201432,36214.751.80$6,371
Mar 20201272,52230.341.86$8,535
Feb 20201352,46049.881.98$11,606
Jan 20201352,73157.252.09$13,449
Dec 20191572,80759.012.30$15,733
Nov 20191862,72455.302.75$17,779
Oct 20191472,96053.472.42$15,019
Sep 20191092,99255.052.66$13,951
Aug 20191122,89553.112.30$12,619
Jul 20191353,04856.272.46$15,095
Jun 20191632,72652.782.49$15,394
May 20191952,81758.482.74$19,123
Apr 20191752,43362.632.75$17,653
Mar 20191772,74156.803.06$18,447
Feb 20191732,73750.852.79$16,439
Jan 20191402,64446.033.23$14,980
Dec 20181132,51246.594.19$15,779
Nov 2018991,91552.934.24$13,354
Oct 2018821,58061.443.40$10,407
Sep 20181065,44359.543.11$23,228
Aug 20181114,64059.403.07$20,822
Jul 20181675,30965.142.93$26,444
Jun 20181625,30560.183.08$26,072
May 20182096,60065.382.90$32,810
Apr 20182247,10063.842.90$34,896
Mar 20182447,70861.222.79$36,419
Feb 20182126,40961.782.77$30,825
Jan 20183736,75862.874.01$50,545
Dec 20173897,92357.272.92$45,425
Nov 20172477,00655.423.12$35,536
Oct 20172878,26149.292.98$38,794
Sep 20173498,52147.523.09$42,891
Aug 20172929,20945.373.00$40,916
Jul 20173109,61243.873.09$43,275
Jun 20172939,27042.493.09$41,069
May 20173709,74345.373.26$48,582
Apr 20175909,70247.933.21$59,438
Mar 201762310,50646.772.98$60,484
Feb 20175869,51950.452.95$57,670
Jan 20175749,52849.413.42$60,936
Dec 201664411,19448.763.72$73,075
Nov 201665411,63042.492.64$58,542
Oct 201667512,67046.193.09$70,332
Sep 201665712,74741.553.10$66,822
Aug 201669212,61241.442.92$65,558
Jul 201662313,77241.622.92$66,203
Jun 201666514,13245.352.69$68,114
May 201689017,60042.521.99$72,885
Apr 201694217,34136.561.99$68,966
Mar 201676415,13033.011.79$52,363
Feb 201684418,16326.472.06$59,822
Jan 20161,03321,40627.352.36$78,864
Dec 20151,22623,87332.362.00$87,453
Nov 20151,44826,35838.792.17$113,294
Oct 20151,50024,08743.552.43$123,774
Sep 201576824,50342.992.76$100,606
Aug 20151,70428,35240.162.87$149,873
Jul 20151,89733,07548.152.95$188,749
Jun 20152,21435,68856.152.88$227,200
May 20152,73841,96355.212.96$275,185
Apr 20153,03747,00649.822.71$278,528
Mar 20153,73657,51642.892.93$329,030
Feb 20153,36944,27944.662.98$282,242
Jan 20155,25463,40843.433.10$424,786
Dec 20146,17574,18254.693.59$604,125
Nov 20142,70531,09770.464.25$322,814

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            77 bbl  × $106.41 =     $8,194
Gas                2,174 Mcf  × $  3.05 =     $6,622

────────────────────────────────────────────────────
Month total                                  $14,815

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/276815 is the state's own key, not one this site invented.