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 278926District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$5.0 M
May 2015 – May 2026
Value, last 12 filed months
$133 k
at the published price for each month
Months reported
133
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
CondensateDisposition42,838 bbl$2,125,861
GasProduction970,827 Mcf$2,908,629
Total$5,034,490

Every month this lease reported (133)

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

133 months

May 2026562,794106.413.05$14,469
Apr 2026451,87698.932.87$9,835
Mar 2026281,89089.753.15$8,465
Feb 2026551,70763.503.75$9,894
Jan 2026531,89459.138.00$18,282
Dec 2025341,86856.664.41$10,171
Nov 2025341,99358.593.93$9,817
Oct 2025561,98659.383.30$9,889
Sep 2025351,79362.743.08$7,713
Aug 2025681,91563.933.01$10,121
Jul 2025501,97366.743.32$9,878
Jun 20251272,08466.483.13$14,963
May 20251512,29660.553.23$16,564
Apr 2025792,59162.363.54$14,107
Mar 2025712,33167.704.27$14,756
Feb 2025621,91370.884.34$12,699
Jan 2025822,52174.324.28$16,881
Dec 2024732,59568.993.12$13,136
Nov 2024662,38969.052.20$9,809
Oct 2024742,83571.372.28$11,749
Sep 2024532,08169.612.36$8,610
Aug 2024422,52175.632.06$8,379
Jul 2024292,17079.932.15$6,976
Jun 2024351,88278.082.63$7,690
May 2024402,40478.812.20$8,437
Apr 2024281,99184.451.66$5,668
Mar 2024511,80280.301.55$6,880
Feb 2024461,80576.091.78$6,720
Jan 2024491,82773.023.30$9,603
Dec 2023411,76671.262.61$7,532
Nov 2023284,69677.892.81$15,365
Oct 2023582,48385.443.09$12,621
Sep 2023572,43289.042.74$11,727
Aug 2023632,24480.522.67$11,071
Jul 2023622,64574.852.64$11,628
Jun 2023612,67268.962.26$10,241
May 2023673,42970.622.23$12,369
Apr 2023743,29278.122.24$13,148
Mar 2023763,42072.852.39$13,721
Feb 2023752,96775.112.47$12,949
Jan 2023914,04276.533.39$20,657
Dec 2022794,43176.415.73$31,422
Nov 20221105,00485.005.65$37,604
Oct 2022845,36987.185.86$38,806
Sep 2022914,48984.888.16$44,371
Aug 2022974,52094.529.13$50,423
Jul 2022874,427101.587.54$42,226
Jun 2022923,959115.097.98$42,170
May 20221084,099109.378.43$46,379
Apr 20221174,050104.226.84$39,886
Mar 20221264,377108.885.08$35,938
Feb 20221123,85791.054.86$28,938
Jan 20221107,67081.844.54$43,806
Dec 20211024,65071.323.90$25,406
Nov 20211024,36977.435.24$30,778
Oct 2021914,62979.795.71$33,710
Sep 20211034,71369.865.35$32,414
Aug 20211304,90466.024.22$29,280
Jul 20211194,85770.783.98$27,764
Jun 20211144,49669.493.38$23,121
May 20211144,58963.483.02$21,085
Apr 20211194,19260.362.76$18,746
Mar 20211074,39161.302.72$18,489
Feb 20211013,84257.805.55$27,153
Jan 20211494,22450.412.81$19,382
Dec 20201514,82644.642.68$19,652
Nov 20201465,67338.772.71$21,015
Oct 20201235,92936.972.48$19,242
Sep 20201085,66837.091.99$15,291
Aug 2020894,31339.982.39$13,845
Jul 2020994,30538.371.83$11,656
Jun 20201334,26634.901.69$11,853
May 20201154,21516.921.81$9,595
Apr 20201324,19714.751.80$9,520
Mar 20201364,43730.341.86$12,362
Feb 20201294,08549.881.98$14,526
Jan 20201304,32457.252.09$16,500
Dec 20191504,13059.012.30$18,369
Nov 20192315,60455.302.75$28,189
Oct 20192126,45853.472.42$26,955
Sep 20191816,37555.052.66$26,904
Aug 20191686,08453.112.30$22,942
Jul 20191896,31556.272.46$26,170
Jun 20191796,35252.782.49$25,272
May 20191956,23358.482.74$28,484
Apr 20191725,06262.632.75$24,696
Mar 20191552,93456.803.06$17,788
Feb 20191694,27050.852.79$20,516
Jan 20192526,61746.033.23$32,960
Dec 20182316,28346.594.19$37,059
Nov 20182335,89552.934.24$37,311
Oct 20182595,61861.443.40$35,003
Sep 20182647,08459.543.11$37,736
Aug 20182427,13459.403.07$36,252
Jul 20182467,20365.142.93$37,143
Jun 20182065,76260.183.08$30,126
May 20182296,65665.382.90$34,280
Apr 20181312,40463.842.90$15,337
Mar 20181644,14661.222.79$21,594
Feb 201817419,66261.782.77$65,137
Jan 20183087,72562.874.01$50,336
Dec 20173026,93957.272.92$37,568
Nov 20172015,70655.423.12$28,933
Oct 20171965,25449.292.98$25,337
Sep 20172584,74347.523.09$26,903
Aug 20172074,95645.373.00$24,281
Jul 20171825,88943.873.09$26,165
Jun 20171485,38542.493.09$22,914
May 20171926,17745.373.26$28,869
Apr 20172184,80347.933.21$25,874
Mar 20172327,04046.772.98$31,856
Feb 20171675,94450.452.95$25,975
Jan 20173177,35949.413.42$40,822
Dec 20163359,12448.763.72$50,302
Nov 201635910,07642.492.64$41,898
Oct 201655211,49646.193.09$61,023
Sep 20163226,57941.553.10$33,778
Aug 20164209,05141.442.92$43,873
Jul 201658011,99341.622.92$59,211
Jun 201669016,08745.352.69$74,498
May 201679920,54642.521.99$74,881
Apr 201691722,43536.561.99$78,195
Mar 20161,02623,87033.011.79$76,691
Feb 201694924,65126.472.06$75,991
Jan 20161,14328,81727.352.36$99,395
Dec 20151,43732,38332.362.00$111,313
Nov 20151,64127,01538.792.17$122,205
Oct 20151,78528,80443.552.43$147,632
Sep 20152,39831,28642.992.76$189,390
Aug 20152,56636,58740.162.87$208,146
Jul 20152,95243,05348.152.95$268,933
Jun 20153,62545,80156.152.88$335,582
May 20154,30244,81155.212.96$369,950

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            56 bbl  × $106.41 =     $5,959
Gas                2,794 Mcf  × $  3.05 =     $8,510

────────────────────────────────────────────────────
Month total                                  $14,469

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/278926 is the state's own key, not one this site invented.