GATES "N" TR5

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 240342District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$329 k
Mar 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
219
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 Gas112008-12-12186777
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
CondensateDisposition497 bbl$37,881
GasProduction58,077 Mcf$290,985
Total$328,866

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 28.1231, -99.7626. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.12315, -99.76260 · 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
6,400 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 6,400 ft.

Completions filed
Mar 2008
1 of 1 wells

1 well

42-4794010576,400 ftMar 2008

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 (219)

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

219 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 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240579.932.15$11
Jun 20240078.082.63$0
May 20240578.812.20$11
Apr 20240584.451.66$8
Mar 20240080.301.55$0
Feb 20240576.091.78$9
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230577.892.81$14
Oct 20230585.443.09$15
Sep 202303989.042.74$107
Aug 20230080.522.67$0
Jul 202304574.852.64$119
Jun 202302868.962.26$63
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 202303572.852.39$84
Feb 20230075.112.47$0
Jan 202301676.533.39$54
Dec 202202876.415.73$160
Nov 202204385.005.65$243
Oct 202205287.185.86$305
Sep 202209684.888.16$784
Aug 202201894.529.13$164
Jul 2022100101.587.54$1,016
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 202109671.323.90$374
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 202102369.493.38$78
May 202107663.483.02$229
Apr 20210060.362.76$0
Mar 202104961.302.72$133
Feb 20210057.805.55$0
Jan 20210150.412.81$3
Dec 20200344.642.68$8
Nov 202006538.772.71$176
Oct 202001636.972.48$40
Sep 202001337.091.99$26
Aug 202009039.982.39$215
Jul 20200038.371.83$0
Jun 202006634.901.69$112
May 20200016.921.81$0
Apr 2020011414.751.80$206
Mar 202007230.341.86$134
Feb 2020014649.881.98$289
Jan 202009857.252.09$205
Dec 201904059.012.30$92
Nov 2019958655.302.75$5,490
Oct 2019019853.472.42$479
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 2019015152.782.49$376
May 201908358.482.74$227
Apr 2019014362.632.75$393
Mar 2019023256.803.06$710
Feb 2019118250.852.79$559
Jan 2019127446.033.23$931
Dec 2018128746.594.19$1,248
Nov 2018135552.934.24$1,557
Oct 201806561.443.40$221
Sep 2018120259.543.11$687
Aug 201819459.403.07$348
Jul 2018124565.142.93$783
Jun 2018029860.183.08$917
May 2018136665.382.90$1,127
Apr 2018135663.842.90$1,097
Mar 2018135361.222.79$1,045
Feb 2018139261.782.77$1,146
Jan 2018124562.874.01$1,045
Dec 2017130357.272.92$942
Nov 2017029655.423.12$923
Oct 2017019549.292.98$582
Sep 2017046247.523.09$1,426
Aug 20172535045.373.00$2,186
Jul 2017043243.873.09$1,334
Jun 2017032342.493.09$997
May 2017046145.373.26$1,504
Apr 2017019547.933.21$626
Mar 2017036046.772.98$1,074
Feb 20174628150.452.95$3,150
Jan 2017023049.413.42$786
Dec 201608148.763.72$302
Nov 201608442.492.64$222
Oct 2016010746.193.09$331
Sep 2016015741.553.10$487
Aug 2016016041.442.92$468
Jul 2016025241.622.92$737
Jun 2016027145.352.69$728
May 2016022342.521.99$444
Apr 2016027736.561.99$552
Mar 2016027833.011.79$499
Feb 2016036726.472.06$757
Jan 2016129627.352.36$727
Dec 2015047832.362.00$957
Nov 2015021738.792.17$470
Oct 2015131043.552.43$796
Sep 2015145442.992.76$1,295
Aug 2015036340.162.87$1,043
Jul 2015029448.152.95$866
Jun 2015013056.152.88$375
May 20150055.212.96$0
Apr 201501949.822.71$51
Mar 20150042.892.93$0
Feb 2015010744.662.98$318
Jan 201509243.433.10$285
Dec 201408354.693.59$298
Nov 2014013670.464.25$578
Oct 2014013078.303.90$507
Sep 2014017586.164.05$708
Aug 20147414889.394.04$7,212
Jul 2014040796.564.18$1,701
Jun 2014128698.164.74$1,453
May 2014022394.734.73$1,054
Apr 2014020895.944.81$1,000
Mar 2014026095.895.06$1,315
Feb 2014120397.406.19$1,354
Jan 201406190.404.86$297
Dec 2013034291.824.35$1,489
Nov 2013041988.853.74$1,566
Oct 2013148897.423.78$1,942
Sep 20130550104.113.72$2,045
Aug 20130500104.253.52$1,761
Jul 20130228102.523.72$848
Jun 2013018194.403.93$712
May 2013014894.834.15$614
Apr 2013019493.964.28$831
Mar 2013035293.623.91$1,377
Feb 2013025791.233.42$879
Jan 20130091.603.42$0
Dec 2012013386.773.42$455
Nov 2012013786.953.62$497
Oct 2012015689.383.40$530
Sep 2012017694.672.92$514
Aug 2012035892.662.91$1,041
Jul 2012020785.133.02$625
Jun 2012023779.822.52$597
May 2012018491.612.49$458
Apr 20120192101.652.00$383
Mar 20120103105.052.22$229
Feb 20120276101.102.57$709
Jan 2012056598.092.73$1,545
Dec 201101,03196.873.24$3,340
Nov 2011025495.723.31$841
Oct 2011033684.983.65$1,226
Sep 2011021783.623.99$865
Aug 2011013283.404.15$548
Jul 2011010694.144.52$479
Jun 2011023792.904.64$1,100
May 201102298.134.40$97
Apr 20110472105.964.33$2,045
Mar 2011043596.364.06$1,765
Feb 2011044885.644.18$1,873
Jan 2011046186.504.59$2,115
Dec 2010047485.734.35$2,061
Nov 2010041380.843.80$1,567
Oct 2010043078.103.51$1,509
Sep 2010037972.633.98$1,508
Aug 2010049673.684.42$2,192
Jul 2010040672.554.74$1,923
Jun 2010045770.364.91$2,244
May 20104552071.124.24$5,403
Apr 2010048681.694.12$2,004
Mar 2010056378.394.39$2,471
Feb 2010054273.585.44$2,950
Jan 2010069574.365.96$4,145
Dec 2009064671.445.48$3,543
Nov 2009065674.593.75$2,461
Oct 2009064072.544.11$2,631
Sep 2009068165.543.06$2,087
Aug 20098583367.423.22$8,412
Jul 2009085161.133.46$2,948
Jun 2009093166.163.90$3,626
May 2009096354.743.93$3,781
Apr 200901,05046.773.59$3,767
Mar 200901,10942.144.06$4,501
Feb 200901,06132.814.63$4,916
Jan 200901,26635.865.37$6,800
Dec 200801,51837.105.98$9,073
Nov 200801,28455.496.86$8,809
Oct 200801,42475.246.92$9,857
Sep 2008481,501101.767.88$16,708
Aug 200801,534114.228.48$13,013
Jul 200801,843131.0811.39$20,991
Jun 2008502,638131.3313.03$40,947
May 20080258123.1711.57$2,986
Apr 20080563110.3110.45$5,886
Mar 200801,202101.909.66$11,616

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 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 79.93 =         $0
Gas                    5 Mcf  × $  2.15 =        $11

────────────────────────────────────────────────────
Month total                                      $11

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/240342 is the state's own key, not one this site invented.