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 278923District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$9.2 M
Mar 2015 – May 2026
Value, last 12 filed months
$211 k
at the published price for each month
Months reported
135
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
CondensateDisposition70,311 bbl$3,404,324
GasProduction1,956,923 Mcf$5,757,199
Total$9,161,522

Every month this lease reported (135)

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

135 months

May 20262760106.413.05$29,369
Apr 2026702,55398.932.87$14,252
Mar 2026442,65289.753.15$12,301
Feb 2026512,45163.503.75$12,431
Jan 2026602,90659.138.00$26,790
Dec 2025553,16756.664.41$17,093
Nov 2025543,51258.593.93$16,954
Oct 2025533,12559.383.30$13,475
Sep 2025582,99062.743.08$12,839
Aug 20253422,98463.933.01$30,860
Jul 2025443,01366.743.32$12,925
Jun 2025462,88466.483.13$12,081
May 2025692,94560.553.23$13,697
Apr 2025662,93362.363.54$14,508
Mar 2025772,96767.704.27$17,877
Feb 2025632,82570.884.34$16,728
Jan 2025713,57574.324.28$20,573
Dec 2024773,62668.993.12$16,630
Nov 2024623,23969.052.20$11,402
Oct 2024733,28971.372.28$12,714
Sep 2024573,09269.612.36$11,278
Aug 2024683,20975.632.06$11,765
Jul 2024693,19979.932.15$12,382
Jun 2024723,42978.082.63$14,654
May 2024773,39478.812.20$13,530
Apr 2024753,25684.451.66$11,736
Mar 2024933,48980.301.55$12,859
Feb 2024873,24676.091.78$12,410
Jan 2024843,73073.023.30$18,434
Dec 2023623,30271.262.61$13,039
Nov 2023663,66077.892.81$15,416
Oct 2023933,80985.443.09$19,705
Sep 2023873,74389.042.74$17,984
Aug 2023993,96480.522.67$18,567
Jul 2023914,01574.852.64$17,418
Jun 2023963,92668.962.26$15,487
May 2023884,04170.622.23$15,215
Apr 20231403,97978.122.24$19,841
Mar 20231244,08272.852.39$18,802
Feb 20231093,73675.112.47$17,399
Jan 20231204,40476.533.39$24,103
Dec 2022904,04176.415.73$30,028
Nov 2022954,12885.005.65$31,383
Oct 2022834,40587.185.86$33,066
Sep 20221294,66584.888.16$49,033
Aug 20221075,03494.529.13$56,060
Jul 20221064,953101.587.54$48,123
Jun 20221224,847115.097.98$52,706
May 20221225,094109.378.43$56,301
Apr 20221015,161104.226.84$45,815
Mar 20221195,131108.885.08$39,004
Feb 20221014,22991.054.86$29,744
Jan 20221055,55081.844.54$33,777
Dec 20211125,34771.323.90$28,836
Nov 20211365,32577.435.24$38,417
Oct 20211015,69379.795.71$40,588
Sep 2021774,43169.865.35$29,089
Aug 20211055,02166.024.22$28,124
Jul 20211095,76470.783.98$30,668
Jun 20211205,85769.493.38$28,139
May 20211296,33063.483.02$27,291
Apr 20211646,14460.362.76$26,847
Mar 20211636,31761.302.72$27,155
Feb 20211295,94157.805.55$40,417
Jan 20211776,85250.412.81$28,179
Dec 20201677,15844.642.68$26,606
Nov 20201736,56738.772.71$24,481
Oct 20201406,98136.972.48$22,478
Sep 20201076,82337.091.99$17,554
Aug 20201086,96739.982.39$20,935
Jul 20201327,08838.371.83$18,001
Jun 20201696,52234.901.69$16,922
May 20201497,90516.921.81$16,867
Apr 20201907,82914.751.80$16,929
Mar 20202068,18330.341.86$21,440
Feb 20201958,24849.881.98$26,063
Jan 20201799,03357.252.09$29,170
Dec 20191739,06459.012.30$31,095
Nov 20192177,92155.302.75$33,788
Oct 20191759,12753.472.42$31,431
Sep 20191528,70955.052.66$31,510
Aug 20191609,15753.112.30$29,599
Jul 20191749,71356.272.46$33,686
Jun 201921910,46852.782.49$37,637
May 201925811,10358.482.74$45,514
Apr 201925811,29162.632.75$47,217
Mar 201930912,73056.803.06$56,532
Feb 201928311,41050.852.79$46,250
Jan 201933612,89946.033.23$57,106
Dec 201831913,47746.594.19$71,269
Nov 201832213,63452.934.24$74,814
Oct 201837914,67861.443.40$73,163
Sep 201831314,71159.543.11$64,358
Aug 201831315,80059.403.07$67,044
Jul 201830516,29565.142.93$67,643
Jun 201835516,50360.183.08$72,142
May 201838615,76465.382.90$70,965
Apr 201841317,63263.842.90$77,513
Mar 201850918,69961.222.79$83,272
Feb 201845518,29261.782.77$78,708
Jan 201857217,98362.874.01$108,061
Dec 201755319,57557.272.92$88,859
Nov 201748619,93455.423.12$89,096
Oct 201750121,78149.292.98$89,682
Sep 201761923,53447.523.09$102,071
Aug 201754523,39545.373.00$95,015
Jul 201753924,77543.873.09$100,133
Jun 201746024,48242.493.09$95,128
May 201756827,61745.373.26$115,895
Apr 201766825,44847.933.21$113,746
Mar 201771526,94046.772.98$113,821
Feb 201766925,75650.452.95$109,798
Jan 201781528,98649.413.42$139,366
Dec 201682230,90048.763.72$155,116
Nov 201678231,87742.492.64$117,521
Oct 201694135,63146.193.09$153,574
Sep 20161,00735,48241.553.10$151,857
Aug 20161,18930,49641.442.92$138,453
Jul 20161,23232,27541.622.92$145,659
Jun 20161,27832,31245.352.69$144,742
May 20161,56036,05042.521.99$138,108
Apr 20161,62635,38636.561.99$129,902
Mar 20161,82938,41733.011.79$129,296
Feb 20161,72738,79226.472.06$125,766
Jan 20161,93440,50827.352.36$148,670
Dec 20152,22945,54632.362.00$163,287
Nov 20152,36448,14138.792.17$196,037
Oct 20152,37953,14943.552.43$232,576
Sep 20152,99754,51142.992.76$279,205
Aug 20153,14460,22340.162.87$299,253
Jul 20153,46365,45248.152.95$359,505
Jun 20153,88366,03556.152.88$408,400
May 20155,08579,75355.212.96$516,449
Apr 20152,63944,91349.822.71$253,035
Mar 20153,42361,88642.892.93$328,430

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           276 bbl  × $106.41 =    $29,369
Gas                    0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $29,369

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/278923 is the state's own key, not one this site invented.