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 278949District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$10.2 M
May 2015 – May 2026
Value, last 12 filed months
$228 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
CondensateDisposition67,786 bbl$3,319,989
GasProduction2,268,322 Mcf$6,871,059
Total$10,191,049

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 2026633,567106.413.05$17,568
Apr 2026703,62598.932.87$17,328
Mar 2026704,00989.753.15$18,909
Feb 2026714,18463.503.75$20,200
Jan 2026704,61059.138.00$41,010
Dec 2025364,12056.664.41$20,223
Nov 2025474,15658.593.93$19,072
Oct 2025173,80459.383.30$13,581
Sep 2025433,33562.743.08$12,959
Aug 2025734,43963.933.01$18,049
Jul 2025323,05266.743.32$12,254
Jun 2025564,23166.483.13$16,960
May 2025744,73560.553.23$19,786
Apr 2025744,94762.363.54$22,142
Mar 2025864,62067.704.27$25,542
Feb 2025774,42470.884.34$24,662
Jan 2025895,11874.324.28$28,513
Dec 2024895,82468.993.12$24,319
Nov 2024785,05269.052.20$16,492
Oct 2024765,09971.372.28$17,057
Sep 2024624,86369.612.36$15,814
Aug 2024755,29875.632.06$16,605
Jul 2024815,47679.932.15$18,229
Jun 2024795,62878.082.63$20,992
May 2024875,76078.812.20$19,519
Apr 2024855,38184.451.66$16,106
Mar 2024995,64080.301.55$16,664
Feb 2024995,28576.091.78$16,959
Jan 2024814,38973.023.30$20,388
Dec 20231046,11271.262.61$23,368
Nov 2023705,62577.892.81$21,245
Oct 2023996,23985.443.09$27,720
Sep 2023825,82789.042.74$23,238
Aug 2023915,80580.522.67$22,843
Jul 2023916,34474.852.64$23,571
Jun 20231096,74368.962.26$22,746
May 20231199,50870.622.23$29,582
Apr 20231409,11978.122.24$31,343
Mar 20231659,19972.852.39$34,035
Feb 20231356,56275.112.47$26,320
Jan 20231477,46176.533.39$36,526
Dec 2022796,89976.415.73$45,561
Nov 20221275,98985.005.65$44,610
Oct 20221517,79287.185.86$58,855
Sep 20221328,32384.888.16$79,150
Aug 20221418,81194.529.13$93,747
Jul 20221388,936101.587.54$81,414
Jun 20221518,583115.097.98$85,847
May 20221509,021109.378.43$92,480
Apr 20221318,865104.226.84$74,268
Mar 20221419,232108.885.08$62,217
Feb 20221258,37691.054.86$52,079
Jan 20221249,50081.844.54$53,256
Dec 20211269,22871.323.90$44,967
Nov 202117011,30377.435.24$72,355
Oct 202114612,03779.795.71$80,427
Sep 202115912,22269.865.35$76,507
Aug 202120112,54066.024.22$66,196
Jul 202122912,67370.783.98$66,674
Jun 202118912,27669.493.38$54,634
May 202119113,14663.483.02$51,795
Apr 202122312,93260.362.76$49,132
Mar 202119513,10561.302.72$47,559
Feb 202118111,29057.805.55$73,098
Jan 202124813,15050.412.81$49,457
Dec 202022412,73344.642.68$44,066
Nov 202021012,25938.772.71$41,322
Oct 202018112,95536.972.48$38,800
Sep 202016413,01437.091.99$31,994
Aug 202016012,83539.982.39$37,010
Jul 202018612,89638.371.83$30,674
Jun 202025612,78334.901.69$30,542
May 202021413,55216.921.81$28,214
Apr 202025013,27914.751.80$27,648
Mar 202025813,87630.341.86$33,585
Feb 202025313,35049.881.98$39,062
Jan 202026514,55057.252.09$45,650
Dec 201927514,55359.012.30$49,763
Nov 201927614,50155.302.75$55,151
Oct 201927515,36353.472.42$51,860
Sep 201924514,71855.052.66$52,597
Aug 201923215,37053.112.30$47,740
Jul 201924815,56056.272.46$52,233
Jun 201926915,43552.782.49$52,649
May 201929516,42458.482.74$62,259
Apr 201928416,47162.632.75$63,094
Mar 201934417,38856.803.06$72,783
Feb 201933315,91650.852.79$61,374
Jan 201940617,69346.033.23$75,804
Dec 201832318,21646.594.19$91,291
Nov 201837718,08652.934.24$96,589
Oct 201841218,95461.443.40$89,720
Sep 201828618,88759.543.11$75,729
Aug 201835119,90759.403.07$81,895
Jul 201836920,35665.142.93$83,718
Jun 201838120,29660.183.08$85,378
May 201843720,36265.382.90$87,637
Apr 201841520,59263.842.90$86,227
Mar 201846322,85361.222.79$92,033
Feb 201844624,08561.782.77$94,176
Jan 201860022,57162.874.01$128,216
Dec 201764124,07757.272.92$107,052
Nov 201767325,28655.423.12$116,149
Oct 201762627,10949.292.98$111,740
Sep 201770224,25247.523.09$108,232
Aug 201760725,71045.373.00$104,783
Jul 201757326,45543.873.09$106,812
Jun 201742825,79142.493.09$97,810
May 201756123,83745.373.26$103,242
Apr 201766425,99047.933.21$115,295
Mar 201740815,19146.772.98$64,407
Feb 20171778,18150.452.95$33,085
Jan 201782637,01149.413.42$167,346
Dec 201683038,15648.763.72$182,519
Nov 201682538,63742.492.64$137,224
Oct 20161,12941,92746.193.09$181,714
Sep 20161,06442,51941.553.10$176,045
Aug 20161,17346,66141.442.92$185,062
Jul 20161,20843,62141.622.92$177,840
Jun 20161,17833,66945.352.69$143,852
May 20161,52540,55242.521.99$145,584
Apr 20161,44433,79536.561.99$120,080
Mar 20161,59734,83433.011.79$115,210
Feb 20161,57236,74026.472.06$117,429
Jan 20161,85842,30827.352.36$150,848
Dec 20152,21645,75432.362.00$163,282
Nov 20152,54848,54638.792.17$204,052
Oct 20152,67052,99843.552.43$244,882
Sep 20153,46854,15242.992.76$298,463
Aug 20153,58960,10540.162.87$316,785
Jul 20153,88655,64348.152.95$350,984
Jun 20154,57168,79756.152.88$454,994
May 20154,34761,93555.212.96$423,044

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            63 bbl  × $106.41 =     $6,704
Gas                3,567 Mcf  × $  3.05 =    $10,865

────────────────────────────────────────────────────
Month total                                  $17,568

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/278949 is the state's own key, not one this site invented.