GATES 1270

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 242228District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$230 k
Aug 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
214
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 Gas112009-01-28187849
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
CondensateDisposition1 bbl$45
GasProduction49,673 Mcf$230,251
Total$230,296

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 28.0759, -99.8360. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.07588, -99.83599 · 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
5,800 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 5,800 ft.

Completions filed
Aug 2008
1 of 1 wells

1 well

42-4794024931A5,800 ftAug 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 (214)

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

214 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 202405369.052.20$117
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240575.632.06$10
Jul 20240079.932.15$0
Jun 202404578.082.63$119
May 20240078.812.20$0
Apr 202404884.451.66$80
Mar 202405080.301.55$77
Feb 20240076.091.78$0
Jan 202402073.023.30$66
Dec 2023014371.262.61$373
Nov 202307277.892.81$202
Oct 2023046585.443.09$1,436
Sep 202304189.042.74$112
Aug 202306780.522.67$179
Jul 202301674.852.64$42
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
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 20210071.323.90$0
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 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
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 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20161045.352.69$45
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 2015012038.792.17$260
Oct 201507043.552.43$170
Sep 201503142.992.76$86
Aug 201503340.162.87$95
Jul 201508548.152.95$250
Jun 201507956.152.88$228
May 201505255.212.96$154
Apr 201508549.822.71$230
Mar 201509342.892.93$273
Feb 201507844.662.98$232
Jan 201507443.433.10$229
Dec 201403554.693.59$126
Nov 201407070.464.25$298
Oct 201401578.303.90$59
Sep 201403386.164.05$134
Aug 20140189.394.04$4
Jul 20140096.564.18$0
Jun 20140598.164.74$24
May 201406194.734.73$288
Apr 201403195.944.81$149
Mar 201402495.895.06$121
Feb 201405397.406.19$328
Jan 2014010290.404.86$496
Dec 201308591.824.35$370
Nov 201309988.853.74$370
Oct 201307397.423.78$276
Sep 20130142104.113.72$528
Aug 20130167104.253.52$588
Jul 20130164102.523.72$610
Jun 2013017994.403.93$704
May 2013016794.834.15$693
Apr 2013022893.964.28$976
Mar 2013016693.623.91$650
Feb 2013011591.233.42$393
Jan 2013029591.603.42$1,009
Dec 2012012086.773.42$410
Nov 2012029386.953.62$1,062
Oct 2012031489.383.40$1,068
Sep 2012028694.672.92$835
Aug 2012031092.662.91$902
Jul 2012033885.133.02$1,021
Jun 2012033579.822.52$844
May 2012037391.612.49$928
Apr 20120406101.652.00$811
Mar 20120185105.052.22$411
Feb 20120373101.102.57$959
Jan 2012041798.092.73$1,140
Dec 2011037296.873.24$1,205
Nov 2011045095.723.31$1,490
Oct 2011055184.983.65$2,010
Sep 2011051183.623.99$2,037
Aug 2011022283.404.15$921
Jul 20110094.144.52$0
Jun 2011023592.904.64$1,090
May 2011043998.134.40$1,934
Apr 20110652105.964.33$2,825
Mar 2011072296.364.06$2,929
Feb 2011062585.644.18$2,612
Jan 2011072286.504.59$3,313
Dec 2010073985.734.35$3,213
Nov 2010075480.843.80$2,862
Oct 2010094578.103.51$3,316
Sep 2010082872.633.98$3,295
Aug 2010087073.684.42$3,845
Jul 2010087672.554.74$4,149
Jun 2010091070.364.91$4,468
May 2010095671.124.24$4,049
Apr 2010097581.694.12$4,020
Mar 201001,05978.394.39$4,648
Feb 201001,01873.585.44$5,540
Jan 201001,16674.365.96$6,954
Dec 200901,19571.445.48$6,553
Nov 200901,24574.593.75$4,671
Oct 200901,28072.544.11$5,261
Sep 200901,24665.543.06$3,819
Aug 200901,33467.423.22$4,293
Jul 200901,04561.133.46$3,620
Jun 200901,06966.163.90$4,164
May 200901,11854.743.93$4,389
Apr 200901,31946.773.59$4,732
Mar 200901,55142.144.06$6,296
Feb 200901,49332.814.63$6,917
Jan 200901,81635.865.37$9,754
Dec 200801,91237.105.98$11,428
Nov 200801,76555.496.86$12,109
Oct 200802,00675.246.92$13,885
Sep 200801,945101.767.88$15,321
Aug 200801,852114.228.48$15,711

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.

Nov 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 69.05 =         $0
Gas                   53 Mcf  × $  2.20 =       $117

────────────────────────────────────────────────────
Month total                                     $117

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/242228 is the state's own key, not one this site invented.