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 276841District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$9.1 M
Nov 2014 – May 2026
Value, last 12 filed months
$540 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
CondensateDisposition79,056 bbl$4,187,591
GasProduction1,613,076 Mcf$4,895,150
Total$9,082,741

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 20263363,590106.413.05$46,688
Apr 20264263,47398.932.87$52,111
Mar 20263763,80289.753.15$45,720
Feb 20264423,66963.503.75$41,827
Jan 20265283,96759.138.00$62,948
Dec 20255474,13656.664.41$49,247
Nov 20255444,42458.593.93$49,244
Oct 20256075,08559.383.30$52,849
Sep 20256515,23662.743.08$56,954
Aug 20256505,78063.933.01$58,980
Jul 2025943,06666.743.32$16,438
Jun 2025501,11466.483.13$6,809
May 20251602,20260.553.23$16,806
Apr 20252091,77462.363.54$19,319
Mar 20254341,95067.704.27$37,705
Feb 20253671,69370.884.34$33,362
Jan 20253091,68174.324.28$30,157
Dec 20243281,82868.993.12$28,335
Nov 20243131,78469.052.20$25,535
Oct 20242491,84771.372.28$21,985
Sep 20241291,93269.612.36$13,548
Aug 20241692,37675.632.06$17,685
Jul 20241182,77879.932.15$15,395
Jun 20241163,27078.082.63$17,670
May 2024813,58878.812.20$14,272
Apr 2024903,20284.451.66$12,913
Mar 20241933,77880.301.55$21,335
Feb 20241634,28276.091.78$20,040
Jan 2024501,37273.023.30$8,175
Dec 20231533,33571.262.61$19,610
Nov 20231853,98277.892.81$25,589
Oct 20232244,18785.443.09$32,065
Sep 20232064,15789.042.74$29,712
Aug 20232254,33280.522.67$29,696
Jul 20232084,40974.852.64$27,217
Jun 20232154,07068.962.26$24,018
May 20231924,36970.622.23$23,291
Apr 20231744,17578.122.24$22,936
Mar 20232494,48072.852.39$28,861
Feb 20232584,04075.112.47$29,340
Jan 20232543,87176.533.39$32,552
Dec 20221773,75476.415.73$35,032
Nov 20222623,87985.005.65$44,172
Oct 20223004,19587.185.86$50,752
Sep 20222454,20784.888.16$55,140
Aug 20222484,33694.529.13$63,016
Jul 20222414,504101.587.54$58,450
Jun 20222704,352115.097.98$65,791
May 20222524,503109.378.43$65,535
Apr 20221783,921104.226.84$45,361
Mar 20222024,043108.885.08$42,518
Feb 20221413,56491.054.86$30,155
Jan 20221743,82981.844.54$31,615
Dec 20211783,93971.323.90$28,054
Nov 20211563,80177.435.24$31,984
Oct 20212235,23379.795.71$47,694
Sep 20212444,69269.865.35$42,152
Aug 20212904,62866.024.22$38,679
Jul 20212684,55870.783.98$37,119
Jun 20212144,00869.493.38$28,420
May 20211933,89763.483.02$24,012
Apr 20212423,96160.362.76$25,533
Mar 20212474,42161.302.72$27,153
Feb 20212745,72157.805.55$47,577
Jan 20213396,20850.412.81$34,535
Dec 20203096,49444.642.68$31,168
Nov 20202966,16938.772.71$28,173
Oct 20202646,51536.972.48$25,907
Sep 20202065,78337.091.99$19,155
Aug 20202056,06139.982.39$22,652
Jul 20202376,30738.371.83$20,605
Jun 20203075,38534.901.69$19,817
May 20202195,33316.921.81$13,384
Apr 20202945,30614.751.80$13,911
Mar 20203256,04330.341.86$21,078
Feb 20202995,90149.881.98$26,602
Jan 20203256,42757.252.09$32,069
Dec 20193336,49659.012.30$34,619
Nov 20193836,43155.302.75$38,870
Oct 20193266,95953.472.42$34,262
Sep 20192807,01055.052.66$34,042
Aug 20192707,09253.112.30$30,682
Jul 20192337,15056.272.46$30,700
Jun 20192436,93352.782.49$30,097
May 20193057,44358.482.74$38,233
Apr 20193097,33362.632.75$39,524
Mar 20193527,61756.803.06$43,318
Feb 20193196,93050.852.79$35,571
Jan 20193547,51046.033.23$40,538
Dec 20182967,18646.594.19$43,867
Nov 20182767,00552.934.24$44,291
Oct 20182105,01561.443.40$29,944
Sep 201836110,26759.543.11$53,404
Aug 201834010,58759.403.07$52,662
Jul 201843012,70065.142.93$65,245
Jun 201844012,32560.183.08$64,402
May 201850912,36065.382.90$69,132
Apr 201853412,55563.842.90$70,510
Mar 201855513,55261.222.79$71,744
Feb 201850812,11161.782.77$64,885
Jan 201866610,63562.874.01$84,511
Dec 20176546,89157.272.92$57,587
Nov 201755610,27555.423.12$62,855
Oct 201753015,66649.292.98$72,866
Sep 201764716,45947.523.09$81,559
Aug 201753816,92745.373.00$75,265
Jul 201748515,86743.873.09$70,263
Jun 201744815,70842.493.09$67,531
May 201756416,33745.373.26$78,903
Apr 201769616,09447.933.21$85,047
Mar 201772917,14446.772.98$85,248
Feb 201768616,07350.452.95$82,066
Jan 201781618,02349.413.42$101,936
Dec 201697519,40148.763.72$119,768
Nov 201687119,75842.492.64$89,256
Oct 20161,00321,33746.193.09$112,265
Sep 201697121,04941.553.10$105,610
Aug 20161,01622,54141.442.92$108,021
Jul 201683223,67841.622.92$103,870
Jun 201683523,85945.352.69$101,948
May 20161,09427,55142.521.99$101,372
Apr 20161,09025,74936.561.99$91,118
Mar 201678017,93533.011.79$57,923
Feb 20161,23526,48926.472.06$87,354
Jan 20161,53229,52227.352.36$111,701
Dec 20151,76431,23032.362.00$119,587
Nov 20151,86331,77338.792.17$141,128
Oct 20151,68330,51343.552.43$147,337
Sep 201594028,65942.992.76$119,464
Aug 20151,07833,34540.162.87$139,076
Jul 20151,30338,55948.152.95$176,299
Jun 20151,56440,64256.152.88$204,984
May 20151,88846,89655.212.96$242,835
Apr 20152,10450,91049.822.71$242,613
Mar 20152,46759,12242.892.93$279,316
Feb 20152,89355,81444.662.98$295,314
Jan 20154,09569,80443.433.10$394,282
Dec 20144,75473,89654.693.59$525,383
Nov 20142,12936,41470.464.25$304,836

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           336 bbl  × $106.41 =    $35,754
Gas                3,590 Mcf  × $  3.05 =    $10,935

────────────────────────────────────────────────────
Month total                                  $46,688

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/276841 is the state's own key, not one this site invented.