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 278993District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$7.2 M
May 2015 – May 2026
Value, last 12 filed months
$179 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
CondensateDisposition48,343 bbl$2,372,256
GasProduction1,629,179 Mcf$4,825,420
Total$7,197,676

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 2026901,929106.413.05$15,452
Apr 2026291,56698.932.87$7,363
Mar 2026513,08689.753.15$14,296
Feb 2026542,82363.503.75$14,016
Jan 2026573,24159.138.00$29,292
Dec 2025343,26256.664.41$16,323
Nov 2025373,10658.593.93$14,363
Oct 2025503,16159.383.30$13,416
Sep 2025493,26862.743.08$13,130
Aug 2025643,53163.933.01$14,737
Jul 2025413,69466.743.32$14,983
Jun 2025412,89366.483.13$11,777
May 2025533,03760.553.23$13,026
Apr 2025583,22362.363.54$15,036
Mar 2025622,95967.704.27$16,827
Feb 2025603,18570.884.34$18,078
Jan 2025753,96574.324.28$22,539
Dec 2024784,35768.993.12$18,981
Nov 2024684,16569.052.20$13,852
Oct 2024774,60171.372.28$15,992
Sep 2024564,16769.612.36$13,750
Aug 2024523,87875.632.06$11,936
Jul 2024483,92079.932.15$12,251
Jun 2024917,25778.082.63$26,220
May 2024424,23278.812.20$12,614
Apr 2024594,61084.451.66$12,631
Mar 2024956,29880.301.55$17,360
Feb 2024796,23676.091.78$17,134
Jan 2024726,56973.023.30$26,920
Dec 2023877,00771.262.61$24,493
Nov 2023996,51277.892.81$25,994
Oct 20231316,78185.443.09$32,127
Sep 20231216,81989.042.74$29,424
Aug 20231267,23280.522.67$29,476
Jul 20231087,42774.852.64$27,704
Jun 20231067,44968.962.26$24,133
May 2023595,16870.622.23$15,678
Apr 2023594,74378.122.24$15,223
Mar 2023804,74872.852.39$17,191
Feb 20231145,63775.112.47$22,462
Jan 20231114,24176.533.39$22,862
Dec 2022191,27376.415.73$8,745
Nov 20222086285.005.65$6,567
Oct 2022581,64587.185.86$14,702
Sep 2022573,78284.888.16$35,713
Aug 2022715,27994.529.13$54,893
Jul 2022775,976101.587.54$52,893
Jun 2022946,685115.097.98$64,146
May 2022566,802109.378.43$63,486
Apr 202217,046104.226.84$48,282
Mar 202227,266108.885.08$37,103
Feb 2022125,70891.054.86$28,827
Jan 2022333,68081.844.54$19,399
Dec 2021744,92971.323.90$24,496
Nov 2021926,07877.435.24$38,953
Oct 2021805,39379.795.71$37,198
Sep 20211115,25769.865.35$35,884
Aug 20211125,51866.024.22$30,683
Jul 20211046,05770.783.98$31,481
Jun 20211095,85169.493.38$27,354
May 20211056,09763.483.02$25,064
Apr 20211246,06060.362.76$24,201
Mar 20211116,03761.302.72$23,206
Feb 20211195,76357.805.55$38,851
Jan 20211437,88350.412.81$29,362
Dec 20201157,68744.642.68$25,700
Nov 2020594,18638.772.71$13,617
Oct 2020403,37436.972.48$9,841
Sep 2020493,22537.091.99$8,239
Aug 2020988,28239.982.39$23,671
Jul 20201128,29438.371.83$19,435
Jun 20201587,53934.901.69$18,257
May 20201479,23816.921.81$19,252
Apr 20201779,08714.751.80$19,007
Mar 20201839,19530.341.86$22,620
Feb 20201798,83049.881.98$26,418
Jan 20201899,73657.252.09$31,215
Dec 20191949,71859.012.30$33,842
Nov 20192067,87155.302.75$33,043
Oct 20191789,00653.472.42$31,299
Sep 20191498,85055.052.66$31,719
Aug 20191499,72353.112.30$30,319
Jul 20191659,94356.272.46$33,745
Jun 20191599,95652.782.49$33,194
May 201919410,95358.482.74$41,360
Apr 201922711,84162.632.75$46,788
Mar 201931514,65856.803.06$62,776
Feb 201928212,55750.852.79$49,402
Jan 201933513,72646.033.23$59,730
Dec 201829714,18846.594.19$73,220
Nov 201826114,06752.934.24$73,420
Oct 201830915,36361.443.40$71,190
Sep 201826314,84059.543.11$61,782
Aug 201828715,68459.403.07$65,144
Jul 201829915,46665.142.93$64,821
Jun 201831916,01360.183.08$68,468
May 201840415,47665.382.90$71,306
Apr 201837515,46163.842.90$68,789
Mar 201839016,52661.222.79$69,931
Feb 201835412,90761.782.77$57,572
Jan 201837013,00462.874.01$75,399
Dec 201739416,09757.272.92$69,592
Nov 201731713,90155.423.12$60,916
Oct 201732815,58849.292.98$62,677
Sep 201749718,99747.523.09$82,267
Aug 201744420,98245.373.00$83,183
Jul 201737717,83943.873.09$71,613
Jun 201734118,25642.493.09$70,850
May 201737619,76045.373.26$81,544
Apr 201746120,68747.933.21$88,534
Mar 201757728,73746.772.98$112,728
Feb 201730114,16450.452.95$57,006
Jan 201758022,24649.413.42$104,712
Dec 201656823,03348.763.72$113,444
Nov 201653822,81642.492.64$83,193
Oct 201667124,34246.193.09$106,217
Sep 201672928,88541.553.10$119,852
Aug 201679130,97441.442.92$123,358
Jul 201678931,84641.622.92$125,967
Jun 201675431,15145.352.69$117,860
May 201689434,58942.521.99$106,881
Apr 201694230,64036.561.99$95,445
Mar 20161,07731,82633.011.79$92,648
Feb 20161,00931,72526.472.06$92,177
Jan 20161,18335,96627.352.36$117,392
Dec 20151,44735,64132.362.00$118,157
Nov 20151,79535,73638.792.17$147,080
Oct 20151,91739,71043.552.43$179,845
Sep 20152,55241,01942.992.76$222,858
Aug 20152,72045,97640.162.87$241,301
Jul 20152,90149,67748.152.95$285,986
Jun 20153,60849,32056.152.88$344,772
May 20153,77137,67355.212.96$319,538

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            90 bbl  × $106.41 =     $9,577
Gas                1,929 Mcf  × $  3.05 =     $5,875

────────────────────────────────────────────────────
Month total                                  $15,452

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/278993 is the state's own key, not one this site invented.