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 278938District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$11.6 M
Feb 2015 – May 2026
Value, last 12 filed months
$204 k
at the published price for each month
Months reported
136
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
CondensateDisposition91,215 bbl$4,363,783
GasProduction2,413,899 Mcf$7,194,845
Total$11,558,628

Every month this lease reported (136)

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

136 months

May 2026157248106.413.05$17,462
Apr 2026422,95098.932.87$12,621
Mar 2026673,74589.753.15$17,808
Feb 2026372,91863.503.75$13,293
Jan 2026633,42159.138.00$31,086
Dec 2025524,26556.664.41$21,769
Nov 2025463,20058.593.93$15,260
Oct 2025583,57959.383.30$15,272
Sep 2025473,47362.743.08$13,635
Aug 2025643,67763.933.01$15,177
Jul 2025403,53066.743.32$14,372
Jun 2025514,18066.483.13$16,469
May 2025593,65260.553.23$15,377
Apr 2025753,57362.363.54$17,337
Mar 2025844,02067.704.27$22,845
Feb 2025773,47170.884.34$20,525
Jan 2025814,16674.324.28$23,845
Dec 2024884,54168.993.12$20,245
Nov 2024834,63469.052.20$15,919
Oct 2024904,93271.372.28$17,675
Sep 2024724,70669.612.36$16,139
Aug 2024874,98775.632.06$16,871
Jul 2024824,89179.932.15$17,053
Jun 2024795,21978.082.63$19,915
May 2024864,42378.812.20$16,501
Apr 2024964,60784.451.66$15,751
Mar 20241134,77380.301.55$16,449
Feb 20241074,44076.091.78$16,061
Jan 2024914,91473.023.30$22,850
Dec 20231035,79871.262.61$22,477
Nov 2023885,73977.892.81$22,967
Oct 20231166,28485.443.09$29,312
Sep 20231106,29989.042.74$27,022
Aug 20231236,61480.522.67$27,582
Jul 20231176,96174.852.64$27,147
Jun 20231266,85168.962.26$24,162
May 20231166,91770.622.23$23,599
Apr 20231486,37478.122.24$25,825
Mar 20231846,80472.852.39$29,687
Feb 20231355,60275.112.47$23,953
Jan 20231205,63676.533.39$28,277
Dec 2022974,59876.415.73$33,754
Nov 20221497,14385.005.65$52,996
Oct 20221177,59787.185.86$54,747
Sep 20221377,44784.888.16$72,423
Aug 20221448,12994.529.13$87,806
Jul 20221367,934101.587.54$73,654
Jun 20221587,696115.097.98$79,577
May 20221467,746109.378.43$81,290
Apr 20221307,956104.226.84$67,949
Mar 20221667,970108.885.08$58,533
Feb 20221366,79691.054.86$45,403
Jan 20221338,41381.844.54$49,060
Dec 20211468,31771.323.90$42,842
Nov 20211448,30777.435.24$54,652
Oct 20211298,94379.795.71$61,392
Sep 20211558,93669.865.35$58,644
Aug 20211859,41866.024.22$51,963
Jul 20211669,32670.783.98$48,886
Jun 20211779,07169.493.38$42,965
May 20211759,26763.483.02$39,074
Apr 20212048,88660.362.76$36,825
Mar 20211909,32961.302.72$36,993
Feb 20211828,48057.805.55$57,566
Jan 202125011,34650.412.81$44,488
Dec 202023211,92844.642.68$42,269
Nov 202022211,20438.772.71$38,931
Oct 202019711,41836.972.48$35,582
Sep 202016511,29237.091.99$28,603
Aug 202016811,48339.982.39$34,105
Jul 202019011,41838.371.83$28,130
Jun 202026311,07834.901.69$27,904
May 202021912,11816.921.81$25,697
Apr 202030912,41614.751.80$26,961
Mar 202035713,00030.341.86$34,962
Feb 202031112,74249.881.98$40,750
Jan 202031714,10357.252.09$47,690
Dec 201933313,69259.012.30$51,202
Nov 201934912,63155.302.75$54,044
Oct 201930414,02953.472.42$50,185
Sep 201929014,08855.052.66$53,400
Aug 201931214,77053.112.30$50,606
Jul 201927615,12756.272.46$52,744
Jun 201922414,86652.782.49$48,857
May 201934016,39058.482.74$64,797
Apr 201933716,02962.632.75$65,197
Mar 201941417,25756.803.06$76,358
Feb 201939215,87750.852.79$64,265
Jan 201948817,75946.033.23$79,792
Dec 201845418,60346.594.19$99,014
Nov 201848219,14352.934.24$106,626
Oct 201857420,34461.443.40$104,397
Sep 201846620,29059.543.11$90,807
Aug 201841121,73459.403.07$91,062
Jul 201842322,79265.142.93$94,378
Jun 201844722,33660.183.08$95,627
May 201854022,26065.382.90$99,877
Apr 201856525,73263.842.90$110,713
Mar 201854221,10061.222.79$91,984
Feb 201859623,71761.782.77$102,425
Jan 201888225,70262.874.01$158,499
Dec 201780825,86857.272.92$121,848
Nov 201772427,14355.423.12$124,766
Oct 201774329,67549.292.98$125,163
Sep 201790731,72147.523.09$141,032
Aug 201772531,60545.373.00$127,847
Jul 201764531,94743.873.09$126,925
Jun 201762333,00642.493.09$128,370
May 201781637,12045.373.26$158,159
Apr 201792031,07047.933.21$143,880
Mar 201794531,16946.772.98$137,196
Feb 201791428,92650.452.95$131,518
Jan 20171,11431,63749.413.42$163,203
Dec 20161,12034,04348.763.72$181,348
Nov 20161,05534,76742.492.64$136,763
Oct 20161,32837,72246.193.09$177,911
Sep 20161,53032,49241.553.10$164,317
Aug 20161,62535,37641.442.92$170,791
Jul 20161,65736,92641.622.92$176,949
Jun 20161,71036,51245.352.69$175,614
May 20162,08439,81842.521.99$167,891
Apr 20162,15139,59036.561.99$157,466
Mar 20162,39442,79433.011.79$155,799
Feb 20162,25042,48326.472.06$147,227
Jan 20162,61147,52927.352.36$183,787
Dec 20152,95049,23632.362.00$194,003
Nov 20153,06451,27238.792.17$229,976
Oct 20153,05556,62143.552.43$270,441
Sep 20153,90157,85042.992.76$327,279
Aug 20154,09663,43740.162.87$346,718
Jul 20154,49568,43148.152.95$417,969
Jun 20154,30266,34156.152.88$432,809
May 20153,53444,49055.212.96$326,600
Apr 20155,22470,15449.822.71$450,136
Mar 20154,37272,33942.892.93$399,809
Feb 2015202,25644.662.98$7,607

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           157 bbl  × $106.41 =    $16,706
Gas                  248 Mcf  × $  3.05 =       $755

────────────────────────────────────────────────────
Month total                                  $17,462

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/278938 is the state's own key, not one this site invented.