GATES 11-DR PSA 'B'

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 283477District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$9.7 M
Nov 2017 – May 2026
Value, last 12 filed months
$425 k
at the published price for each month
Months reported
103
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
CondensateDisposition65,372 bbl$4,005,425
GasProduction1,785,963 Mcf$5,690,087
Total$9,695,512

Every month this lease reported (103)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

103 months

May 20261305,569106.413.05$30,796
Apr 2026725,11898.932.87$21,810
Mar 20261023,87289.753.15$21,349
Feb 20261474,62663.503.75$26,683
Jan 20262587,81759.138.00$77,775
Dec 20252925,97456.664.41$42,910
Nov 20252536,00658.593.93$38,405
Oct 20251976,03459.383.30$31,639
Sep 20252336,12162.743.08$33,452
Aug 20252635,63763.933.01$33,808
Jul 20251835,91766.743.32$31,829
Jun 20252016,67166.483.13$34,234
May 20252016,62460.553.23$33,581
Apr 20252176,38062.363.54$36,137
Mar 20252556,47467.704.27$44,897
Feb 20252205,44870.884.34$39,243
Jan 20252406,18974.324.28$44,318
Dec 20242796,77068.993.12$40,380
Nov 20242096,73369.052.20$29,234
Oct 20242307,56571.372.28$33,674
Sep 20241227,24069.612.36$25,610
Aug 20242127,22275.632.06$30,937
Jul 20242317,74879.932.15$35,096
Jun 20242457,96878.082.63$40,117
May 20241928,31778.812.20$33,416
Apr 20242197,87084.451.66$31,552
Mar 20242668,19680.301.55$34,024
Feb 20242537,68076.091.78$32,949
Jan 20242658,08873.023.30$46,022
Dec 20232418,20471.262.61$38,592
Nov 20232518,07477.892.81$42,219
Oct 20233238,37685.443.09$53,456
Sep 20232988,25489.042.74$49,109
Aug 20233368,60380.522.67$50,050
Jul 20232998,65474.852.64$45,242
Jun 20233058,46668.962.26$40,153
May 20232748,81170.622.23$38,976
Apr 20232838,65078.122.24$41,465
Mar 20233508,79972.852.39$46,555
Feb 20232897,79975.112.47$40,937
Jan 20232518,58476.533.39$48,289
Dec 20222198,59676.415.73$65,981
Nov 20223008,74185.005.65$74,853
Oct 20222749,44787.185.86$79,282
Sep 20223259,40384.888.16$104,349
Aug 20223479,80194.529.13$122,254
Jul 20223079,896101.587.54$105,821
Jun 20223539,844115.097.98$119,154
May 202234110,498109.378.43$125,825
Apr 202230710,635104.226.84$104,713
Mar 202233911,015108.885.08$92,827
Feb 202231910,16191.054.86$78,416
Jan 202232811,61881.844.54$79,562
Dec 202134011,85471.323.90$70,469
Nov 202134411,60377.435.24$87,399
Oct 202132412,25679.795.71$95,881
Sep 202134612,18969.865.35$89,394
Aug 202142512,70866.024.22$81,694
Jul 202141513,01970.783.98$81,216
Jun 202143212,87469.493.38$73,542
May 202143613,65863.483.02$68,893
Apr 202147313,61260.362.76$66,098
Mar 202139214,28561.302.72$62,841
Feb 202141413,27957.805.55$97,600
Jan 202151815,21050.412.81$68,857
Dec 202050515,66644.642.68$64,457
Nov 202050815,52838.772.71$61,723
Oct 202047316,52136.972.48$58,433
Sep 202043016,36637.091.99$48,534
Aug 202051517,31339.982.39$61,883
Jul 202052216,94438.371.83$50,954
Jun 202066121,10534.901.69$58,743
May 202050822,72016.921.81$49,826
Apr 202067822,26514.751.80$50,175
Mar 202071023,47130.341.86$65,109
Feb 202070021,56849.881.98$77,635
Jan 202074120,49857.252.09$85,360
Dec 201981021,05759.012.30$96,321
Nov 201998821,05655.302.75$112,555
Oct 201996123,07153.472.42$107,183
Sep 201990523,05255.052.66$111,076
Aug 201986224,86453.112.30$103,076
Jul 201985925,93556.272.46$112,138
Jun 201990426,27352.782.49$113,164
May 201999128,32958.482.74$135,584
Apr 201999529,14862.632.75$142,494
Mar 20191,23132,07656.803.06$168,141
Feb 20191,17331,17150.852.79$146,683
Jan 20191,49636,62646.033.23$187,096
Dec 20181,41338,49046.594.19$226,929
Nov 20181,60040,78352.934.24$257,495
Oct 20182,27445,78261.443.40$295,285
Sep 20181,97345,22259.543.11$258,022
Aug 20181,85151,20559.403.07$266,973
Jul 20182,04456,25765.142.93$298,085
Jun 20182,31560,73660.183.08$326,197
May 20182,93568,37265.382.90$390,224
Apr 20183,24273,26063.842.90$419,482
Mar 20183,91986,00361.222.79$479,598
Feb 20184,37597,88061.782.77$541,035
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0

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           130 bbl  × $106.41 =    $13,833
Gas                5,569 Mcf  × $  3.05 =    $16,962

────────────────────────────────────────────────────
Month total                                  $30,796

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/283477 is the state's own key, not one this site invented.