GATES 1268

Operated by LEWIS PETRO PROPERTIES, INC. (P-5 499978) in the GOLD RIVER, NORTH (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 203570District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.8 M
May 2004 – May 2026
Value, last 12 filed months
$65
at the published price for each month
Months reported
265
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 830 leases and 840 wells, and the rule below applies to all of them.

Discovered
1978-10-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2005-10-25.

The Commission's schedule remark for this field reads: REMAIN SUSPENDED.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112005-05-24160814
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition682 bbl$32,928
GasProduction262,014 Mcf$1,737,377
Total$1,770,305

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 28.0916, -99.8323. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.09157, -99.83232 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
5,600 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 5,600 ft.

Completions filed
May 2004
1 of 1 wells

1 well

42-4793870717B5,600 ftMay 2004

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (265)

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

265 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 202501266.743.32$40
Jun 20250866.483.13$25
May 20250860.553.23$26
Apr 202501462.363.54$50
Mar 202503867.704.27$162
Feb 20250070.884.34$0
Jan 202503974.324.28$167
Dec 20240068.993.12$0
Nov 202403769.052.20$81
Oct 20240071.372.28$0
Sep 20240869.612.36$19
Aug 20240075.632.06$0
Jul 2024015279.932.15$326
Jun 202402078.082.63$53
May 20240578.812.20$11
Apr 202404484.451.66$73
Mar 20240580.301.55$8
Feb 202402576.091.78$45
Jan 202402273.023.30$73
Dec 202302271.262.61$57
Nov 202302677.892.81$73
Oct 202305585.443.09$170
Sep 202309089.042.74$246
Aug 202301080.522.67$27
Jul 202301074.852.64$26
Jun 202302768.962.26$61
May 202307770.622.23$172
Apr 202304778.122.24$105
Mar 202304272.852.39$101
Feb 202303675.112.47$89
Jan 202302576.533.39$85
Dec 202205976.415.73$338
Nov 202206485.005.65$361
Oct 20220087.185.86$0
Sep 202204284.888.16$343
Aug 202202094.529.13$183
Jul 2022016101.587.54$121
Jun 2022023115.097.98$183
May 2022012109.378.43$101
Apr 2022017104.226.84$116
Mar 2022029108.885.08$147
Feb 202202091.054.86$97
Jan 202201281.844.54$54
Dec 2021016171.323.90$628
Nov 20210377.435.24$16
Oct 20210679.795.71$34
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 2021010470.783.98$414
Jun 2021010469.493.38$352
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 202106361.302.72$171
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 202006644.642.68$177
Nov 202003338.772.71$89
Oct 20200036.972.48$0
Sep 202009437.091.99$187
Aug 202006939.982.39$165
Jul 202006238.371.83$113
Jun 20200034.901.69$0
May 202005916.921.81$107
Apr 202005314.751.80$96
Mar 202004330.341.86$80
Feb 20200049.881.98$0
Jan 202007157.252.09$149
Dec 2019012759.012.30$293
Nov 20190055.302.75$0
Oct 201901753.472.42$41
Sep 2019019655.052.66$521
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 201805659.543.11$174
Aug 201808359.403.07$255
Jul 2018014065.142.93$410
Jun 20180060.183.08$0
May 201801365.382.90$38
Apr 201807363.842.90$212
Mar 201807861.222.79$217
Feb 2018016561.782.77$456
Jan 201803062.874.01$120
Dec 201703757.272.92$108
Nov 201708155.423.12$253
Oct 201706549.292.98$194
Sep 201704547.523.09$139
Aug 201704145.373.00$123
Jul 201701443.873.09$43
Jun 201702442.493.09$74
May 201701745.373.26$55
Apr 201704347.933.21$138
Mar 201705046.772.98$149
Feb 201702750.452.95$80
Jan 20170949.413.42$31
Dec 201602548.763.72$93
Nov 201602042.492.64$53
Oct 201602646.193.09$80
Sep 201601541.553.10$47
Aug 201606141.442.92$178
Jul 201606041.622.92$175
Jun 201604645.352.69$124
May 201605842.521.99$115
Apr 201604636.561.99$92
Mar 201604833.011.79$86
Feb 201605726.472.06$118
Jan 201606327.352.36$149
Dec 201506432.362.00$128
Nov 201508438.792.17$182
Oct 201503243.552.43$78
Sep 201506142.992.76$168
Aug 201507640.162.87$218
Jul 201506348.152.95$186
Jun 201508656.152.88$248
May 201508255.212.96$242
Apr 201508949.822.71$241
Mar 201507842.892.93$229
Feb 201507844.662.98$232
Jan 201507343.433.10$226
Dec 201406554.693.59$233
Nov 201404170.464.25$174
Oct 201408678.303.90$335
Sep 201407186.164.05$287
Aug 201407989.394.04$319
Jul 201408496.564.18$351
Jun 201405598.164.74$261
May 201406994.734.73$326
Apr 2014012595.944.81$601
Mar 2014012095.895.06$607
Feb 2014112197.406.19$847
Jan 2014015890.404.86$768
Dec 2013027491.824.35$1,193
Nov 2013040088.853.74$1,495
Oct 2013134297.423.78$1,390
Sep 20131438104.113.72$1,732
Aug 20130371104.253.52$1,307
Jul 20130451102.523.72$1,677
Jun 2013044494.403.93$1,746
May 2013040294.834.15$1,668
Apr 2013041693.964.28$1,782
Mar 2013033793.623.91$1,319
Feb 2013038191.233.42$1,303
Jan 2013052491.603.42$1,792
Dec 2012041686.773.42$1,423
Nov 2012279486.953.62$3,052
Oct 201201,12989.383.40$3,838
Sep 2012088094.672.92$2,568
Aug 201201,04892.662.91$3,048
Jul 201201,03485.133.02$3,124
Jun 2012172579.822.52$1,906
May 2012072391.612.49$1,799
Apr 201217956101.652.00$3,637
Mar 20120511105.052.22$1,135
Feb 20120629101.102.57$1,617
Jan 201201,15598.092.73$3,158
Dec 201101,02796.873.24$3,327
Nov 2011083495.723.31$2,762
Oct 2011029884.983.65$1,087
Sep 2011046683.623.99$1,857
Aug 2011036383.404.15$1,506
Jul 20110094.144.52$0
Jun 2011040992.904.64$1,898
May 2011055598.134.40$2,445
Apr 201101,174105.964.33$5,087
Mar 2011068296.364.06$2,767
Feb 2011089685.644.18$3,745
Jan 2011094986.504.59$4,355
Dec 2010082585.734.35$3,587
Nov 2010081780.843.80$3,101
Oct 201001,06078.103.51$3,719
Sep 2010095672.633.98$3,804
Aug 201001,02173.684.42$4,512
Jul 2010092072.554.74$4,358
Jun 2010086070.364.91$4,223
May 2010088671.124.24$3,752
Apr 2010091881.694.12$3,785
Mar 201001,03678.394.39$4,547
Feb 2010098173.585.44$5,339
Jan 201001,07374.365.96$6,399
Dec 200901,09871.445.48$6,021
Nov 200901,33874.593.75$5,020
Oct 200901,34272.544.11$5,516
Sep 200901,33065.543.06$4,076
Aug 200901,34167.423.22$4,316
Jul 200901,27461.133.46$4,414
Jun 200901,26566.163.90$4,927
May 200901,35954.743.93$5,335
Apr 200901,37246.773.59$4,922
Mar 200901,33942.144.06$5,435
Feb 2009121,32732.814.63$6,542
Jan 200901,49635.865.37$8,035
Dec 200801,44137.105.98$8,613
Nov 200801,55655.496.86$10,675
Oct 200801,56975.246.92$10,861
Sep 200801,579101.767.88$12,438
Aug 200801,683114.228.48$14,277
Jul 200801,831131.0811.39$20,854
Jun 200801,708131.3313.03$22,260
May 200801,804123.1711.57$20,880
Apr 200801,741110.3110.45$18,202
Mar 200801,617101.909.66$15,627
Feb 200801,57592.538.77$13,814
Jan 2008381,82090.388.21$18,369
Dec 200701,88188.337.30$13,735
Nov 200701,86191.677.29$13,570
Oct 200702,01082.856.92$13,913
Sep 200701,79175.846.24$11,183
Aug 200701,71969.066.39$10,981
Jul 200701,91470.906.39$12,227
Jun 200702,15662.007.55$16,274
May 200702,36258.747.85$18,533
Apr 200702,42159.617.81$18,896
Mar 200702,64556.927.30$19,314
Feb 200702,50755.108.22$20,598
Jan 200702,89850.306.73$19,494
Dec 200603,09956.656.92$21,440
Nov 200603,20254.207.62$24,391
Oct 200603,51154.906.01$21,114
Sep 200603,74860.085.04$18,879
Aug 200604,13168.717.34$30,321
Jul 200605,40569.376.34$34,283
Jun 200604,68466.286.38$29,902
May 200605,19066.016.42$33,346
Apr 200605,60364.397.36$41,241
Mar 2006506,61556.707.08$49,689
Feb 200607,01657.597.75$54,382
Jan 200609,51660.598.93$85,009
Dec 2005010,52154.9413.42$141,143
Nov 200503,56754.6910.59$37,769
Oct 2005071758.3413.80$9,892
Sep 2005083361.4512.08$10,062
Aug 20053395861.519.80$11,415
Jul 2005411,02255.697.84$10,299
Jun 200501,04052.337.38$7,676
May 200501,17545.226.65$7,815
Apr 200501,26849.207.36$9,333
Mar 200501,45050.377.15$10,375
Feb 200501,51245.226.31$9,544
Jan 200502,03543.166.32$12,866
Dec 20041033,46439.866.75$27,491
Nov 200405,17045.286.33$32,728
Oct 200408,03349.706.52$52,336
Sep 200419010,11143.245.28$61,641
Aug 2004013,71742.375.55$76,138
Jul 200419215,89938.286.08$104,082
Jun 2004012,31636.106.43$79,229
May 200403,62537.486.49$23,543

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.

Jul 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 66.74 =         $0
Gas                   12 Mcf  × $  3.32 =        $40

────────────────────────────────────────────────────
Month total                                      $40

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. 04/G/203570 is the state's own key, not one this site invented.