GATES 11-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 278747District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$14.0 M
Apr 2015 – May 2026
Value, last 12 filed months
$390 k
at the published price for each month
Months reported
134
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
CondensateDisposition98,928 bbl$4,845,227
GasProduction3,044,811 Mcf$9,191,230
Total$14,036,457

Every month this lease reported (134)

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

134 months

May 20261384,921106.413.05$29,673
Apr 20261435,45398.932.87$29,796
Mar 20261325,65789.753.15$29,663
Feb 20261515,09963.503.75$28,711
Jan 20261346,48159.138.00$59,758
Dec 20251396,48356.664.41$36,488
Nov 20251306,49258.593.93$33,107
Oct 20251226,77559.383.30$29,635
Sep 20251076,34462.743.08$26,233
Aug 20251366,13863.933.01$27,199
Jul 2025956,65166.743.32$28,390
Jun 2025928,08666.483.13$31,415
May 20251248,44760.553.23$34,812
Apr 20251237,99162.363.54$35,983
Mar 20251216,81267.704.27$37,268
Feb 20251597,90270.884.34$45,571
Jan 20251808,98974.324.28$51,839
Dec 20241506,68168.993.12$31,202
Nov 20241596,91169.052.20$26,172
Oct 20241647,51171.372.28$28,840
Sep 2024817,37869.612.36$23,083
Aug 2024937,16775.632.06$21,824
Jul 20241176,49879.932.15$23,300
Jun 20241457,66578.082.63$31,511
May 20241536,78878.812.20$26,981
Apr 20241397,70484.451.66$24,521
Mar 20242048,30680.301.55$29,215
Feb 20241796,52176.091.78$25,251
Jan 20241657,22773.023.30$35,880
Dec 20231818,65071.262.61$35,481
Nov 20231698,41677.892.81$36,792
Oct 20232538,64585.443.09$48,306
Sep 20232168,56789.042.74$42,664
Aug 20232138,96580.522.67$41,113
Jul 20231718,81874.852.64$36,095
Jun 20232018,64268.962.26$33,379
May 20231858,83670.622.23$32,746
Apr 20231888,77678.122.24$34,325
Mar 20232809,85572.852.39$43,983
Feb 20232609,23975.112.47$42,309
Jan 202327810,71276.533.39$57,565
Dec 202217510,56576.415.73$73,899
Nov 20222269,72085.005.65$74,091
Oct 202217910,57287.185.86$77,597
Sep 202221210,39584.888.16$102,856
Aug 202221110,96294.529.13$119,996
Jul 202218310,893101.587.54$100,745
Jun 202223210,749115.097.98$112,448
May 202222911,207109.378.43$119,555
Apr 202218611,311104.226.84$96,725
Mar 202222611,533108.885.08$83,153
Feb 202221210,29291.054.86$69,310
Jan 202220912,07981.844.54$71,915
Dec 202121212,01271.323.90$61,956
Nov 202121811,66977.435.24$77,989
Oct 202118412,26179.795.71$84,739
Sep 202119511,63769.865.35$75,891
Aug 202125413,42366.024.22$73,422
Jul 202125714,81770.783.98$77,193
Jun 202123914,03069.493.38$64,038
May 202123414,16263.483.02$57,591
Apr 202128113,98060.362.76$55,524
Mar 202126414,61361.302.72$55,886
Feb 202126513,81657.805.55$91,967
Jan 202132915,28150.412.81$59,529
Dec 202030915,94344.642.68$56,449
Nov 202029515,62638.772.71$53,730
Oct 202025616,42636.972.48$50,175
Sep 202021416,39837.091.99$40,586
Aug 202021517,08339.982.39$49,340
Jul 202024917,20238.371.83$40,950
Jun 202034517,89534.901.69$42,289
May 202027718,31816.921.81$37,929
Apr 202034618,21614.751.80$37,972
Mar 202037819,08330.341.86$46,891
Feb 202035318,33049.881.98$53,913
Jan 202036820,08857.252.09$63,147
Dec 201935720,19859.012.30$67,610
Nov 201941519,97155.302.75$77,884
Oct 201936021,51853.472.42$71,291
Sep 201929821,25655.052.66$72,888
Aug 201935622,37753.112.30$70,472
Jul 201933723,27556.272.46$76,221
Jun 201933323,39552.782.49$75,857
May 201938625,53958.482.74$92,558
Apr 201939625,37362.632.75$94,595
Mar 201948427,15056.803.06$110,627
Feb 201946125,88950.852.79$95,730
Jan 201957928,13446.033.23$117,473
Dec 201852532,30246.594.19$159,658
Nov 201851931,49752.934.24$160,931
Oct 201861531,58961.443.40$145,128
Sep 201850430,54959.543.11$124,954
Aug 201847132,49859.403.07$127,634
Jul 201847233,54865.142.93$129,105
Jun 201852434,76660.183.08$138,507
May 201863636,06665.382.90$146,202
Apr 201862636,50163.842.90$145,846
Mar 201868740,06761.222.79$153,718
Feb 201874231,89461.782.77$134,063
Jan 20181,09433,49562.874.01$203,072
Dec 20171,04134,65957.272.92$160,875
Nov 201789134,81455.423.12$157,942
Oct 201795836,58449.292.98$156,375
Sep 20171,08336,73147.523.09$164,863
Aug 201790639,32645.373.00$159,256
Jul 201784241,25443.873.09$164,301
Jun 201782741,86242.493.09$164,379
May 201799738,16745.373.26$169,788
Apr 20171,24538,12847.933.21$182,125
Mar 20171,28742,40546.772.98$186,716
Feb 201768221,19950.452.95$96,999
Jan 20171,51139,50549.413.42$209,718
Dec 20161,52240,31848.763.72$224,310
Nov 20161,59140,37642.492.64$174,370
Oct 20161,70642,36246.193.09$209,710
Sep 20161,81940,68541.553.10$201,729
Aug 20161,96144,06641.442.92$210,128
Jul 20161,92345,98441.622.92$214,508
Jun 20161,88945,78945.352.69$208,648
May 20162,25049,29242.521.99$193,812
Apr 20162,34749,74236.561.99$184,845
Mar 20162,57853,43033.011.79$180,954
Feb 20162,43052,05126.472.06$171,736
Jan 20162,79057,83827.352.36$213,056
Dec 20153,25560,17132.362.00$225,759
Nov 20153,54560,73938.792.17$269,152
Oct 20153,73965,65143.552.43$322,141
Sep 20154,82166,15542.992.76$389,738
Aug 20154,78168,21340.162.87$387,946
Jul 20155,21072,18548.152.95$463,452
Jun 20154,50869,81156.152.88$454,380
May 20154,05366,62755.212.96$420,679
Apr 20151768,05949.822.71$30,581

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           138 bbl  × $106.41 =    $14,685
Gas                4,921 Mcf  × $  3.05 =    $14,989

────────────────────────────────────────────────────
Month total                                  $29,673

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/278747 is the state's own key, not one this site invented.