GATES 07-DR GU CC

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 276971District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$5.2 M
Oct 2014 – May 2026
Value, last 12 filed months
$163 k
at the published price for each month
Months reported
140
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
CondensateDisposition42,969 bbl$2,232,794
GasProduction979,985 Mcf$3,015,624
Total$5,248,418

Every month this lease reported (140)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

140 months

May 2026282,246106.413.05$9,820
Apr 2026311,72698.932.87$8,020
Mar 2026553,28789.753.15$15,288
Feb 2026442,42263.503.75$11,877
Jan 2026552,29859.138.00$21,631
Dec 20251011,81256.664.41$13,720
Nov 20252092,07058.593.93$20,373
Oct 20251003,03459.383.30$15,965
Sep 2025502,78662.743.08$11,709
Aug 2025603,01563.933.01$12,925
Jul 2025482,60266.743.32$11,830
Jun 2025442,19666.483.13$9,796
May 2025572,28760.553.23$10,844
Apr 2025592,20162.363.54$11,478
Mar 2025702,18167.704.27$14,048
Feb 2025441,43970.884.34$9,365
Jan 2025451,78674.324.28$10,986
Dec 2024702,09568.993.12$11,369
Nov 2024502,02169.052.20$7,896
Oct 2024572,10671.372.28$8,873
Sep 2024512,08769.612.36$8,485
Aug 2024632,47875.632.06$9,878
Jul 2024611,54379.932.15$8,188
Jun 2024681,88678.082.63$10,277
May 2024511,10578.812.20$6,449
Apr 2024211,94784.451.66$5,004
Mar 2024812,15780.301.55$9,837
Feb 2024901,97176.091.78$10,364
Jan 2024612,20273.023.30$11,716
Dec 2023431,69671.262.61$7,492
Nov 2023752,32977.892.81$12,381
Oct 2023872,25985.443.09$14,407
Sep 2023752,22589.042.74$12,763
Aug 2023832,23180.522.67$12,646
Jul 2023721,74474.852.64$9,997
Jun 2023831,71968.962.26$9,606
May 2023541,91070.622.23$8,068
Apr 2023451,85978.122.24$7,675
Mar 2023971,71472.852.39$11,168
Feb 2023921,48375.112.47$10,567
Jan 2023941,62376.533.39$12,692
Dec 2022971,64776.415.73$16,848
Nov 2022991,57585.005.65$17,308
Oct 2022661,62987.185.86$15,306
Sep 2022761,59084.888.16$19,431
Aug 2022811,61894.529.13$22,424
Jul 2022901,708101.587.54$22,024
Jun 2022841,579115.097.98$22,264
May 2022891,920109.378.43$25,925
Apr 2022661,583104.226.84$17,702
Mar 2022801,740108.885.08$17,543
Feb 2022751,50191.054.86$14,122
Jan 2022671,59381.844.54$12,712
Dec 2021711,80671.323.90$12,106
Nov 2021841,98877.435.24$16,915
Oct 2021712,19279.795.71$18,190
Sep 2021682,04769.865.35$15,704
Aug 2021852,22266.024.22$14,990
Jul 2021782,23570.783.98$14,421
Jun 2021902,08269.493.38$13,293
May 20211072,18963.483.02$13,398
Apr 2021982,16460.362.76$11,885
Mar 20211082,69961.302.72$13,953
Feb 2021531,76357.805.55$12,844
Jan 2021932,68050.412.81$12,220
Dec 2020892,74444.642.68$11,314
Nov 2020982,76138.772.71$11,272
Oct 2020742,92236.972.48$9,978
Sep 2020662,89537.091.99$8,212
Aug 2020753,02439.982.39$10,211
Jul 2020813,10738.371.83$8,779
Jun 20201073,01234.901.69$8,826
May 2020893,23716.921.81$7,380
Apr 20201053,18814.751.80$7,301
Mar 20201093,27330.341.86$9,383
Feb 2020882,99049.881.98$10,312
Jan 2020973,32657.252.09$12,520
Dec 20191043,35259.012.30$13,861
Nov 20191113,10855.302.75$14,687
Oct 2019693,84453.472.42$12,986
Sep 2019593,73955.052.66$13,184
Aug 2019713,99153.112.30$12,968
Jul 2019583,71156.272.46$12,393
Jun 2019763,81752.782.49$13,520
May 20191114,48058.482.74$18,768
Apr 20191104,52962.632.75$19,347
Mar 20191774,50056.803.06$23,833
Feb 20191134,09950.852.79$17,191
Jan 20191574,54746.033.23$21,905
Dec 20181054,76446.594.19$24,831
Nov 20181144,65452.934.24$25,754
Oct 20181624,88561.443.40$26,553
Sep 20181294,80059.543.11$22,599
Aug 20181604,94059.403.07$24,653
Jul 20181354,75365.142.93$22,729
Jun 20181104,88960.183.08$21,663
May 20181205,42865.382.90$23,591
Apr 20181395,83263.842.90$25,791
Mar 20182145,62661.222.79$28,780
Feb 20182975,50761.782.77$33,582
Jan 20183006,78262.874.01$46,052
Dec 20171524,58257.272.92$22,091
Nov 20171486,41855.423.12$28,216
Oct 20171936,80949.292.98$29,829
Sep 20172247,47447.523.09$33,719
Aug 20171957,74845.373.00$32,125
Jul 20172468,19443.873.09$36,089
Jun 20176738,05242.493.09$53,455
May 20174838,58945.373.26$49,943
Apr 20176087,69647.933.21$53,858
Mar 20174958,15946.772.98$47,495
Feb 20174138,38750.452.95$45,599
Jan 20172689,32549.413.42$45,122
Dec 201643910,49848.763.72$60,488
Nov 20163888,97642.492.64$40,222
Oct 201634312,08746.193.09$53,195
Sep 201654110,33341.553.10$54,517
Aug 201668910,87241.442.92$60,346
Jul 201672911,94341.622.92$65,266
Jun 201681011,95145.352.69$68,832
May 201663913,24342.521.99$53,538
Apr 201664612,83336.561.99$49,169
Mar 201648310,74533.011.79$35,220
Feb 201656312,48526.472.06$40,667
Jan 201655814,49227.352.36$49,526
Dec 201567015,92132.362.00$53,546
Nov 201579217,24338.792.17$68,093
Oct 201578319,74143.552.43$82,003
Sep 201536621,55842.992.76$75,200
Aug 201586425,19540.162.87$107,071
Jul 201598129,52248.152.95$134,180
Jun 20151,32330,72756.152.88$162,868
May 20151,70135,19855.212.96$197,938
Apr 20151,47723,15249.822.71$136,247
Mar 20151,48533,28442.892.93$161,371
Feb 20152,08238,87044.662.98$208,667
Jan 20152,83953,25443.433.10$288,419
Dec 20143,81761,35854.693.59$429,110
Nov 20143,73860,13170.464.25$519,047
Oct 20141464,35678.303.90$28,424

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            28 bbl  × $106.41 =     $2,979
Gas                2,246 Mcf  × $  3.05 =     $6,841

────────────────────────────────────────────────────
Month total                                   $9,820

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/276971 is the state's own key, not one this site invented.