GATES "N" TR1

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 230550District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.1 M
Aug 2007 – May 2026
Value, last 12 filed months
$41 k
at the published price for each month
Months reported
226
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 Gas112008-01-14179669
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
CondensateDisposition28 bbl$2,538
GasProduction381,751 Mcf$2,060,383
Total$2,062,920

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 28.0788, -99.8444. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.07884, -99.84445 · 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
5,650 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 5,650 ft.

Completions filed
Aug 2007
1 of 1 wells

1 well

42-4793988095,650 ftAug 2007

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 (226)

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

226 months

May 20260670106.413.05$2,041
Apr 2026077698.932.87$2,227
Mar 2026087389.753.15$2,749
Feb 2026077863.503.75$2,918
Jan 2026075359.138.00$6,022
Dec 2025097656.664.41$4,307
Nov 2025047258.593.93$1,853
Oct 202501,11059.383.30$3,668
Sep 202501,14462.743.08$3,520
Aug 202501,18263.933.01$3,563
Jul 202501,23666.743.32$4,098
Jun 202501,16666.483.13$3,648
May 202501,23260.553.23$3,982
Apr 202501,24562.363.54$4,411
Mar 202501,08267.704.27$4,618
Feb 202501,11170.884.34$4,823
Jan 202501,23474.324.28$5,280
Dec 2024094268.993.12$2,940
Nov 2024097969.052.20$2,152
Oct 202401,22571.372.28$2,795
Sep 202401,17269.612.36$2,771
Aug 202401,15475.632.06$2,381
Jul 202401,15179.932.15$2,471
Jun 202401,21878.082.63$3,208
May 202401,76478.812.20$3,878
Apr 202401,59484.451.66$2,645
Mar 202401,70880.301.55$2,639
Feb 202401,58076.091.78$2,818
Jan 202401,55173.023.30$5,115
Dec 202301,47171.262.61$3,840
Nov 202301,33677.892.81$3,751
Oct 202301,35185.443.09$4,171
Sep 202301,75789.042.74$4,805
Aug 202301,77980.522.67$4,755
Jul 202301,91974.852.64$5,070
Jun 202301,69468.962.26$3,826
May 202301,69370.622.23$3,771
Apr 202301,79278.122.24$4,010
Mar 202301,85172.852.39$4,430
Feb 202301,76175.112.47$4,342
Jan 202302,00676.533.39$6,796
Dec 202202,00776.415.73$11,498
Nov 202202,03485.005.65$11,484
Oct 202202,28687.185.86$13,405
Sep 202202,32384.888.16$18,964
Aug 202202,58394.529.13$23,575
Jul 202202,817101.587.54$21,246
Jun 202202,684115.097.98$21,411
May 202202,798109.378.43$23,596
Apr 202202,481104.226.84$16,964
Mar 202202,233108.885.08$11,336
Feb 202201,63091.054.86$7,920
Jan 202201,71381.844.54$7,773
Dec 202101,50171.323.90$5,853
Nov 202101,30777.435.24$6,845
Oct 202101,34979.795.71$7,708
Sep 202101,04369.865.35$5,581
Aug 2021083066.024.22$3,503
Jul 2021062270.783.98$2,477
Jun 2021074869.493.38$2,529
May 2021069163.483.02$2,085
Apr 2021035160.362.76$968
Mar 2021034661.302.72$940
Feb 2021026757.805.55$1,481
Jan 2021035550.412.81$998
Dec 2020035444.642.68$947
Nov 2020038738.772.71$1,047
Oct 2020020636.972.48$511
Sep 2020023937.091.99$476
Aug 2020034939.982.39$832
Jul 2020052338.371.83$955
Jun 2020033034.901.69$558
May 2020037316.921.81$677
Apr 2020041814.751.80$754
Mar 2020046530.341.86$863
Feb 2020051249.881.98$1,014
Jan 2020067057.252.09$1,403
Dec 2019073959.012.30$1,703
Nov 2019035055.302.75$963
Oct 2019031753.472.42$767
Sep 2019028855.052.66$765
Aug 2019021453.112.30$493
Jul 2019017756.272.46$435
Jun 2019022552.782.49$561
May 2019031758.482.74$869
Apr 2019037762.632.75$1,037
Mar 2019032456.803.06$992
Feb 2019027350.852.79$762
Jan 2019032546.033.23$1,049
Dec 2018044746.594.19$1,871
Nov 2018022052.934.24$932
Oct 2018051761.443.40$1,757
Sep 2018074359.543.11$2,309
Aug 2018082059.403.07$2,515
Jul 2018048165.142.93$1,410
Jun 2018046760.183.08$1,437
May 2018071365.382.90$2,068
Apr 2018065263.842.90$1,891
Mar 2018050561.222.79$1,407
Feb 2018044961.782.77$1,242
Jan 2018032662.874.01$1,307
Dec 2017026757.272.92$780
Nov 2017031755.423.12$989
Oct 2017032249.292.98$961
Sep 2017035647.523.09$1,099
Aug 2017040845.373.00$1,226
Jul 2017036643.873.09$1,130
Jun 2017017142.493.09$528
May 2017034745.373.26$1,132
Apr 2017038847.933.21$1,246
Mar 2017039946.772.98$1,190
Feb 2017045950.452.95$1,355
Jan 2017046549.413.42$1,590
Dec 2016035148.763.72$1,307
Nov 2016051442.492.64$1,359
Oct 2016055846.193.09$1,724
Sep 2016055341.553.10$1,715
Aug 2016053941.442.92$1,576
Jul 2016057941.622.92$1,693
Jun 2016053445.352.69$1,434
May 2016045642.521.99$908
Apr 2016060636.561.99$1,207
Mar 2016054533.011.79$978
Feb 2016047626.472.06$982
Jan 2016043827.352.36$1,036
Dec 2015051632.362.00$1,033
Nov 2015039238.792.17$850
Oct 2015035143.552.43$852
Sep 2015042442.992.76$1,170
Aug 2015050440.162.87$1,448
Jul 2015040048.152.95$1,178
Jun 2015050956.152.88$1,467
May 2015042855.212.96$1,265
Apr 2015038749.822.71$1,047
Mar 2015050242.892.93$1,473
Feb 2015031744.662.98$943
Jan 2015050843.433.10$1,575
Dec 2014036954.693.59$1,325
Nov 2014048970.464.25$2,079
Oct 2014072878.303.90$2,840
Sep 2014058486.164.05$2,363
Aug 2014051089.394.04$2,058
Jul 2014053996.564.18$2,253
Jun 2014060998.164.74$2,885
May 2014074194.734.73$3,502
Apr 2014072995.944.81$3,506
Mar 2014070195.895.06$3,545
Feb 2014064997.406.19$4,019
Jan 2014085990.404.86$4,175
Dec 201301,04691.824.35$4,555
Nov 201301,48688.853.74$5,555
Oct 201301,58197.423.78$5,975
Sep 201301,622104.113.72$6,030
Aug 201301,369104.253.52$4,822
Jul 201301,392102.523.72$5,175
Jun 201301,37594.403.93$5,408
May 201301,29494.834.15$5,369
Apr 201301,62993.964.28$6,976
Mar 201301,79893.623.91$7,035
Feb 201301,99191.233.42$6,809
Jan 201301,46291.603.42$5,000
Dec 201201,28086.773.42$4,378
Nov 201202,20086.953.62$7,975
Oct 201202,10589.383.40$7,156
Sep 201201,12894.672.92$3,292
Aug 201201,32192.662.91$3,842
Jul 201201,24385.133.02$3,755
Jun 201201,05079.822.52$2,645
May 2012081291.612.49$2,021
Apr 201201,064101.652.00$2,125
Mar 20120757105.052.22$1,682
Feb 201201,556101.102.57$3,999
Jan 201201,12998.092.73$3,087
Dec 2011091196.873.24$2,951
Nov 201101,45695.723.31$4,821
Oct 201101,46284.983.65$5,334
Sep 2011096583.623.99$3,846
Aug 2011015883.404.15$656
Jul 20110094.144.52$0
Jun 2011028192.904.64$1,304
May 2011089298.134.40$3,929
Apr 201101,608105.964.33$6,968
Mar 201101,83296.364.06$7,433
Feb 201101,33285.644.18$5,568
Jan 201101,74486.504.59$8,003
Dec 201002,13985.734.35$9,300
Nov 201002,30580.843.80$8,748
Oct 201002,65678.103.51$9,320
Sep 201002,27772.633.98$9,061
Aug 201003,34373.684.42$14,774
Jul 201003,03172.554.74$14,356
Jun 201002,72770.364.91$13,391
May 201003,27071.124.24$13,849
Apr 201003,43681.694.12$14,166
Mar 201003,52678.394.39$15,474
Feb 201003,17473.585.44$17,274
Jan 201003,83774.365.96$22,884
Dec 200903,61371.445.48$19,813
Nov 200904,25674.593.75$15,966
Oct 200904,38172.544.11$18,007
Sep 200904,66065.543.06$14,282
Aug 200904,86267.423.22$15,648
Jul 200943,45361.133.46$12,207
Jun 200903,38366.163.90$13,177
May 200903,43654.743.93$13,489
Apr 200903,27746.773.59$11,756
Mar 200903,33042.144.06$13,516
Feb 200903,82932.814.63$17,740
Jan 200903,92135.865.37$21,060
Dec 200804,31937.105.98$25,815
Nov 200804,51855.496.86$30,995
Oct 200804,95575.246.92$34,298
Sep 200805,158101.767.88$40,630
Aug 200805,630114.228.48$47,759
Jul 200806,197131.0811.39$70,580
Jun 200806,259131.3313.03$81,571
May 200808,034123.1711.57$92,988
Apr 200807,300110.3110.45$76,320
Mar 2008168,085101.909.66$79,764
Feb 200807,77492.538.77$68,182
Jan 200808,25690.388.21$67,747
Dec 200709,28288.337.30$67,777
Nov 2007010,13591.677.29$73,901
Oct 2007811,08782.856.92$77,407
Sep 2007011,27875.846.24$70,422
Aug 200706,29369.066.39$40,199

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             0 bbl  × $106.41 =         $0
Gas                  670 Mcf  × $  3.05 =     $2,041

────────────────────────────────────────────────────
Month total                                   $2,041

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/230550 is the state's own key, not one this site invented.