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 278952District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$7.8 M
May 2015 – May 2026
Value, last 12 filed months
$237 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
CondensateDisposition58,878 bbl$2,904,977
GasProduction1,631,982 Mcf$4,868,293
Total$7,773,271

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 2026321,486106.413.05$7,931
Apr 2026441,72098.932.87$9,289
Mar 2026552,85689.753.15$13,931
Feb 2026583,24463.503.75$15,849
Jan 2026463,90959.138.00$33,984
Dec 2025114,90756.664.41$22,280
Nov 202563,86558.593.93$15,527
Oct 202577,22559.383.30$24,293
Sep 2025395,86262.743.08$20,484
Aug 2025976,10763.933.01$24,612
Jul 2025657,00966.743.32$27,574
Jun 2025575,59766.483.13$21,301
May 2025743,84560.553.23$16,909
Apr 2025813,91762.363.54$18,930
Mar 20251014,32467.704.27$25,294
Feb 2025713,65070.884.34$20,877
Jan 2025994,29674.324.28$25,739
Dec 2024936,93768.993.12$28,069
Nov 20247612,26669.052.20$32,214
Oct 2024839,26971.372.28$27,070
Sep 2024804,19469.612.36$15,485
Aug 2024824,57375.632.06$15,639
Jul 2024684,01879.932.15$14,060
Jun 2024784,11278.082.63$16,921
May 2024714,44078.812.20$15,357
Apr 2024736,01784.451.66$16,148
Mar 2024966,03180.301.55$17,027
Feb 2024935,90776.091.78$17,612
Jan 2024987,20573.023.30$30,916
Dec 20231089,80971.262.61$33,305
Nov 2023818,52777.892.81$30,249
Oct 2023997,38785.443.09$31,264
Sep 20231135,05789.042.74$23,893
Aug 20231305,46680.522.67$25,078
Jul 20231115,29774.852.64$22,302
Jun 20231084,85468.962.26$18,410
May 2023894,83470.622.23$17,052
Apr 20231145,17478.122.24$20,484
Mar 20231315,59572.852.39$22,933
Feb 20231345,25775.112.47$23,027
Jan 20231546,00876.533.39$32,139
Dec 2022905,14676.415.73$36,359
Nov 20221456,24685.005.65$47,591
Oct 20221106,01287.185.86$44,843
Sep 20221295,54984.888.16$56,250
Aug 20221416,20694.529.13$69,970
Jul 2022946,339101.587.54$57,358
Jun 20221395,784115.097.98$62,138
May 20221535,963109.378.43$67,020
Apr 20221546,007104.226.84$57,123
Mar 20221655,921108.885.08$48,023
Feb 20221455,48591.054.86$39,853
Jan 20221485,68381.844.54$37,900
Dec 20211455,56671.323.90$32,044
Nov 20211364,97077.435.24$36,558
Oct 2021995,57679.795.71$39,760
Sep 20211034,99069.865.35$33,897
Aug 20211255,12466.024.22$29,879
Jul 20211195,02270.783.98$28,421
Jun 20211624,52969.493.38$26,568
May 20211423,51463.483.02$19,618
Apr 20211073,45360.362.76$15,983
Mar 20211033,47461.302.72$15,753
Feb 20211193,63357.805.55$27,034
Jan 20211454,72450.412.81$20,585
Dec 20201686,65344.642.68$25,299
Nov 20201716,82238.772.71$25,094
Oct 20201517,15436.972.48$23,313
Sep 20201326,85937.091.99$18,552
Aug 20201346,93239.982.39$21,891
Jul 20201406,92938.371.83$18,018
Jun 20201916,87334.901.69$18,283
May 20201707,27216.921.81$16,073
Apr 20201977,51614.751.80$16,467
Mar 20202198,32430.341.86$22,096
Feb 20202148,01849.881.98$26,555
Jan 20202299,15457.252.09$32,286
Dec 20192408,96559.012.30$34,821
Nov 20192618,44055.302.75$37,649
Oct 20192208,60753.472.42$32,580
Sep 20192289,20855.052.66$37,020
Aug 20192169,78053.112.30$34,008
Jul 20192259,35556.272.46$35,675
Jun 20192189,54052.782.49$35,272
May 201925010,24458.482.74$42,692
Apr 201925210,13562.632.75$43,661
Mar 201930810,94756.803.06$51,015
Feb 201929610,02550.852.79$43,044
Jan 201936311,41446.033.23$53,555
Dec 201832911,21646.594.19$62,272
Nov 201834511,54352.934.24$67,171
Oct 201846113,39861.443.40$73,851
Sep 201836712,78759.543.11$61,593
Aug 201834614,19659.403.07$64,085
Jul 201834614,37265.142.93$64,675
Jun 201837714,86860.183.08$68,436
May 201839815,55265.382.90$71,134
Apr 201842615,68863.842.90$72,704
Mar 201846217,00061.222.79$75,660
Feb 201843114,39661.782.77$66,448
Jan 201848014,80362.874.01$89,528
Dec 201748114,62757.272.92$70,280
Nov 201758817,56555.423.12$87,361
Oct 201742018,39149.292.98$75,575
Sep 201747117,75347.523.09$77,190
Aug 201740719,36945.373.00$76,658
Jul 201736219,55343.873.09$76,247
Jun 201735618,09942.493.09$71,003
May 201739920,61545.373.26$85,378
Apr 201747320,75047.933.21$89,312
Mar 201766327,06246.772.98$111,753
Feb 201735114,76850.452.95$61,312
Jan 201759521,06149.413.42$101,402
Dec 201656920,93948.763.72$105,697
Nov 201655620,96542.492.64$79,063
Oct 201671422,84146.193.09$103,564
Sep 201668922,63341.553.10$98,805
Aug 201672822,20441.442.92$95,100
Jul 201692526,75441.622.92$116,736
Jun 20161,10829,41945.352.69$129,262
May 20161,21529,87642.521.99$111,146
Apr 20161,44031,81336.561.99$115,987
Mar 20161,60434,39733.011.79$114,657
Feb 20161,44133,04626.472.06$106,338
Jan 20161,65937,40527.352.36$133,813
Dec 20151,96239,78332.362.00$143,112
Nov 20152,17733,19538.792.17$156,390
Oct 20152,34737,15643.552.43$192,374
Sep 20153,09039,30442.992.76$241,256
Aug 20153,14845,43140.162.87$256,924
Jul 20153,56548,39748.152.95$314,188
Jun 20154,02053,43956.152.88$379,780
May 20153,97051,41855.212.96$371,147

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            32 bbl  × $106.41 =     $3,405
Gas                1,486 Mcf  × $  3.05 =     $4,526

────────────────────────────────────────────────────
Month total                                   $7,931

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/278952 is the state's own key, not one this site invented.