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 279206District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$16.1 M
May 2015 – May 2026
Value, last 12 filed months
$766 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
CondensateDisposition107,744 bbl$5,571,641
GasProduction3,332,388 Mcf$10,518,014
Total$16,089,655

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 202618910,364106.413.05$51,679
Apr 202618610,20198.932.87$47,675
Mar 202618811,96389.753.15$54,550
Feb 202622411,37963.503.75$56,899
Jan 202628313,61759.138.00$125,641
Dec 202528014,01756.664.41$77,727
Nov 202525613,29158.593.93$67,185
Oct 202523813,39759.383.30$58,407
Sep 202522513,22662.743.08$54,812
Aug 202528713,52263.933.01$59,113
Jul 202518813,62266.743.32$57,707
Jun 202519813,30766.483.13$54,797
May 202525513,33760.553.23$58,550
Apr 202527012,98362.363.54$62,838
Mar 202531213,16167.704.27$77,298
Feb 202527011,59470.884.34$69,465
Jan 202529413,55974.324.28$79,865
Dec 202433214,34368.993.12$67,674
Nov 202424212,37269.052.20$43,909
Oct 202429013,46371.372.28$51,412
Sep 202423513,04069.612.36$47,190
Aug 202426414,17175.632.06$49,210
Jul 202424213,43679.932.15$48,185
Jun 202425814,17778.082.63$57,487
May 202422312,16178.812.20$44,310
Apr 202424013,43284.451.66$42,554
Mar 202430315,50680.301.55$48,290
Feb 202434214,99576.091.78$52,768
Jan 202432815,97273.023.30$76,621
Dec 202333316,55371.262.61$66,945
Nov 202331215,90377.892.81$68,950
Oct 202338516,77385.443.09$84,677
Sep 202335118,15889.042.74$80,916
Aug 202334716,45780.522.67$71,928
Jul 202333916,84874.852.64$69,883
Jun 202336116,75968.962.26$62,744
May 202332717,76470.622.23$62,660
Apr 202338216,88078.122.24$67,615
Mar 202345717,10372.852.39$74,223
Feb 202340516,27475.112.47$70,546
Jan 202344518,86876.533.39$97,975
Dec 202239320,49876.415.73$147,464
Nov 202239618,29485.005.65$136,952
Oct 202233019,92587.185.86$145,605
Sep 202239018,86684.888.16$187,119
Aug 202240120,20794.529.13$222,335
Jul 202239620,078101.587.54$191,656
Jun 202243318,921115.097.98$200,771
May 202240619,632109.378.43$209,962
Apr 202235519,471104.226.84$170,133
Mar 202221520,475108.885.08$127,348
Feb 202223918,62991.054.86$112,276
Jan 202234820,91081.844.54$123,363
Dec 202136021,05971.323.90$107,787
Nov 202136820,63077.435.24$136,530
Oct 202133221,41979.795.71$148,876
Sep 202135621,06369.865.35$137,577
Aug 202145421,61666.024.22$121,205
Jul 202142421,85470.783.98$117,035
Jun 202142821,76769.493.38$103,328
May 202142422,79563.483.02$95,703
Apr 202148722,37360.362.76$91,109
Mar 202143722,45961.302.72$87,808
Feb 202143320,75457.805.55$140,170
Jan 202155323,25250.412.81$93,221
Dec 202052123,58544.642.68$86,358
Nov 202050823,13538.772.71$82,312
Oct 202046224,39236.972.48$77,534
Sep 202042423,99037.091.99$63,491
Aug 202041024,90439.982.39$75,790
Jul 202046324,98138.371.83$63,359
Jun 202062624,27434.901.69$62,878
May 202047525,85216.921.81$54,952
Apr 202060825,61614.751.80$55,189
Mar 202063326,66230.341.86$68,696
Feb 202059423,35449.881.98$75,885
Jan 202058721,76457.252.09$79,196
Dec 201961321,23959.012.30$85,115
Nov 201970720,26855.302.75$94,848
Oct 201960421,85653.472.42$85,155
Sep 201956122,08155.052.66$89,558
Aug 201955223,33153.112.30$83,080
Jul 201957521,78456.272.46$85,945
Jun 201957321,41452.782.49$83,590
May 201962923,18358.482.74$100,313
Apr 201958721,81862.632.75$96,779
Mar 201959522,94656.803.06$104,059
Feb 201962521,31750.852.79$91,303
Jan 201985325,25846.033.23$120,801
Dec 201874324,58246.594.19$137,503
Nov 201878126,08152.934.24$151,850
Oct 201896528,69061.443.40$156,781
Sep 201878928,35259.543.11$135,095
Aug 201863629,59759.403.07$128,539
Jul 201862128,68365.142.93$124,547
Jun 201881128,68060.183.08$137,052
May 20181,03828,54765.382.90$150,674
Apr 201893728,97763.842.90$143,875
Mar 201885530,87161.222.79$138,376
Feb 201882428,56561.782.77$129,921
Jan 20181,15031,80062.874.01$199,797
Dec 201786429,51057.272.92$135,695
Nov 20171,00230,33155.423.12$150,114
Oct 20171,01232,30149.292.98$146,257
Sep 20171,23232,93547.523.09$160,224
Aug 20171,05434,71045.373.00$152,103
Jul 20171,08036,13843.873.09$158,948
Jun 201795933,02342.493.09$142,699
May 20171,18737,24245.373.26$175,390
Apr 20171,14933,85347.933.21$163,794
Mar 20171,20835,90146.772.98$163,615
Feb 20171,13033,85650.452.95$156,972
Jan 20171,42037,35149.413.42$197,858
Dec 20161,45436,82648.763.72$207,994
Nov 20161,36237,76142.492.64$157,725
Oct 20161,60540,17446.193.09$198,283
Sep 20161,63736,71541.553.10$181,857
Aug 20161,77937,14341.442.92$182,341
Jul 20161,79539,32041.622.92$189,693
Jun 20161,82638,74245.352.69$186,864
May 20162,17142,11442.521.99$176,162
Apr 20162,17941,21036.561.99$161,715
Mar 20162,39444,82233.011.79$159,437
Feb 20162,19444,57026.472.06$150,051
Jan 20162,48949,51527.352.36$185,145
Dec 20152,81650,82232.362.00$192,841
Nov 20153,01852,23538.792.17$230,279
Oct 20153,12256,74543.552.43$273,659
Sep 20154,03957,54542.992.76$332,370
Aug 20153,37764,39440.162.87$320,591
Jul 20153,51265,54448.152.95$362,135
Jun 20153,69661,49056.152.88$384,797
May 20152,80340,22655.212.96$273,640

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           189 bbl  × $106.41 =    $20,111
Gas               10,364 Mcf  × $  3.05 =    $31,567

────────────────────────────────────────────────────
Month total                                  $51,679

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/279206 is the state's own key, not one this site invented.