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 278947District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$7.4 M
May 2015 – May 2026
Value, last 12 filed months
$233 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
CondensateDisposition43,406 bbl$2,085,774
GasProduction1,762,310 Mcf$5,312,773
Total$7,398,547

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 2026735,220106.413.05$23,667
Apr 2026754,85298.932.87$21,344
Mar 2026674,73589.753.15$20,926
Feb 2026644,06663.503.75$19,313
Jan 2026383,93359.138.00$33,703
Dec 2025374,41956.664.41$21,599
Nov 2025414,20958.593.93$18,929
Oct 2025554,21559.383.30$17,196
Sep 2025534,35362.743.08$16,719
Aug 2025564,61063.933.01$17,478
Jul 2025102,54666.743.32$9,108
Jun 2025273,49266.483.13$12,720
May 2025363,53760.553.23$13,613
Apr 2025373,71062.363.54$15,452
Mar 2025504,19467.704.27$21,286
Feb 2025583,64070.884.34$19,912
Jan 2025583,64074.324.28$19,885
Dec 2024623,98068.993.12$16,700
Nov 2024533,86269.052.20$12,150
Oct 2024564,36571.372.28$13,955
Sep 2024433,88469.612.36$12,176
Aug 2024555,12275.632.06$14,730
Jul 2024535,11679.932.15$15,218
Jun 2024555,05878.082.63$17,617
May 2024595,41578.812.20$16,554
Apr 2024584,73784.451.66$12,758
Mar 2024684,79580.301.55$12,869
Feb 2024694,55376.091.78$13,371
Jan 2024664,45973.023.30$19,524
Dec 2023735,19971.262.61$18,775
Nov 2023685,51677.892.81$20,783
Oct 2023825,84385.443.09$25,045
Sep 2023695,03689.042.74$19,917
Aug 2023705,23880.522.67$19,637
Jul 2023585,23574.852.64$18,171
Jun 2023705,79768.962.26$17,920
May 2023666,78270.622.23$19,767
Apr 2023756,82278.122.24$21,125
Mar 2023997,06672.852.39$24,122
Feb 2023886,56575.112.47$22,797
Jan 20231057,35476.533.39$32,949
Dec 2022556,47176.415.73$41,275
Nov 2022476,98585.005.65$43,434
Oct 2022667,16387.185.86$47,756
Sep 2022616,51884.888.16$58,389
Aug 2022497,11094.529.13$69,526
Jul 2022567,156101.587.54$59,660
Jun 2022816,805115.097.98$63,607
May 2022727,093109.378.43$67,690
Apr 2022556,974104.226.84$53,418
Mar 2022587,139108.885.08$42,555
Feb 2022526,22991.054.86$35,000
Jan 2022527,03881.844.54$36,192
Dec 2021516,39871.323.90$28,584
Nov 2021546,15577.435.24$36,414
Oct 2021406,46179.795.71$40,109
Sep 2021366,82969.865.35$39,056
Aug 2021596,67666.024.22$32,072
Jul 2021716,16070.783.98$29,555
Jun 2021446,15869.493.38$23,875
May 2021467,21963.483.02$24,705
Apr 2021556,83660.362.76$22,176
Mar 2021507,41261.302.72$23,203
Feb 2021327,67357.805.55$44,419
Jan 2021488,22250.412.81$25,526
Dec 2020537,87744.642.68$23,441
Nov 2020658,67138.772.71$25,989
Oct 20205210,49536.972.48$27,934
Sep 20205810,13937.091.99$22,338
Aug 2020439,78939.982.39$25,067
Jul 2020669,60538.371.83$20,063
Jun 20201159,35334.901.69$19,823
May 2020999,93716.921.81$19,708
Apr 20201249,71214.751.80$19,353
Mar 202013010,14930.341.86$22,783
Feb 20209810,33149.881.98$25,351
Jan 202010511,42357.252.09$29,939
Dec 20199111,51159.012.30$31,895
Nov 201911510,64655.302.75$35,643
Oct 20198010,09853.472.42$28,700
Sep 20198310,09555.052.66$31,394
Aug 2019719,19053.112.30$24,948
Jul 20199511,33556.272.46$33,230
Jun 20195210,02552.782.49$27,719
May 20196611,54458.482.74$35,494
Apr 201910911,73462.632.75$39,103
Mar 201915913,08756.803.06$49,105
Feb 20199211,51050.852.79$36,817
Jan 201915612,78146.033.23$48,440
Dec 201817113,45246.594.19$64,269
Nov 20189413,04752.934.24$60,259
Oct 201812113,50261.443.40$53,315
Sep 201811513,46259.543.11$48,687
Aug 201813514,37759.403.07$52,107
Jul 201816014,54265.142.93$53,058
Jun 201823614,21760.183.08$57,947
May 201827611,26165.382.90$50,711
Apr 201831916,85663.842.90$69,261
Mar 201829418,10261.222.79$68,446
Feb 201826117,59461.782.77$64,792
Jan 201843117,57662.874.01$97,565
Dec 201741517,15157.272.92$73,874
Nov 201742017,90355.423.12$79,104
Oct 201743417,62949.292.98$73,991
Sep 201749518,52947.523.09$80,727
Aug 201741319,87345.373.00$78,444
Jul 201740121,55543.873.09$84,138
Jun 201738023,84042.493.09$89,747
May 201739926,26145.373.26$103,803
Apr 201746026,91747.933.21$108,494
Mar 201751830,47046.772.98$115,140
Feb 201730616,56550.452.95$64,348
Jan 201753924,11849.413.42$109,087
Dec 201655525,84648.763.72$123,282
Nov 201654325,71542.492.64$91,072
Oct 201670727,89146.193.09$118,847
Sep 201675427,70941.553.10$117,244
Aug 201681428,73641.442.92$117,766
Jul 201683030,03741.622.92$122,383
Jun 201688529,57245.352.69$119,560
May 20161,00132,50442.521.99$107,279
Apr 20161,07631,21736.561.99$101,493
Mar 20161,18132,82633.011.79$97,875
Feb 20161,10132,26826.472.06$95,733
Jan 20161,29736,27627.352.36$121,242
Dec 20151,57638,38932.362.00$127,831
Nov 20151,94735,48638.792.17$152,434
Oct 20152,04138,73743.552.43$182,884
Sep 20152,63139,83442.992.76$222,986
Aug 20152,08944,51340.162.87$211,757
Jul 20152,39544,84248.152.95$247,383
Jun 20152,94453,16456.152.88$318,570
May 20153,32454,86255.212.96$345,660

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            73 bbl  × $106.41 =     $7,768
Gas                5,220 Mcf  × $  3.05 =    $15,899

────────────────────────────────────────────────────
Month total                                  $23,667

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/278947 is the state's own key, not one this site invented.