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GATES "N" TR4

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 289021District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.4 M
Aug 2019 – May 2026
Value, last 12 filed months
$311 k
at the published price for each month
Months reported
82
no gaps in the span
Streams
2
condensate, gas

The GOLD RIVER, NORTH (OLMOS) field

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
NGPA1none——
ST-1112020-09-09227880

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
CondensateDisposition29,639 bbl$1,704,450
GasProduction1,940,842 Mcf$5,648,133
Total$7,352,582

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 28.1307, -99.8186. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.13066, -99.81864 · 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
5,741 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 5,741 ft.

Completions filed
Aug 2019
1 of 1 wells

1 well

42-4794416312H5,741 ftAug 2019——

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 (82)

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

82 months

May 2026345,819106.413.05$21,342
Apr 2026494,50798.932.87$17,781
Mar 2026615,63489.753.15$23,219
Feb 2026655,19263.503.75$23,599
Jan 2026815,68059.138.00$50,218
Dec 2025835,83356.664.41$30,446
Nov 2025795,71558.593.93$27,068
Oct 2025635,70059.383.30$22,579
Sep 2025675,59462.743.08$21,416
Aug 2025916,11863.933.01$24,262
Jul 2025696,20266.743.32$25,166
Jun 2025706,09266.483.13$23,714
May 2025886,21960.553.23$25,430
Apr 2025966,02162.363.54$27,320
Mar 20251075,89367.704.27$32,397
Feb 20251005,44470.884.34$30,720
Jan 2025985,54574.324.28$31,009
Dec 20241155,91968.993.12$26,409
Nov 2024895,80169.052.20$18,899
Oct 2024975,73171.372.28$19,998
Sep 2024565,53669.612.36$16,987
Aug 2024655,53075.632.06$16,328
Jul 2024434,97079.932.15$14,106
Jun 20241016,14078.082.63$24,059
May 2024485,10478.812.20$15,004
Apr 2024775,80584.451.66$16,134
Mar 20241286,40880.301.55$20,180
Feb 20241195,47276.091.78$18,815
Jan 20241336,52873.023.30$31,239
Dec 20231366,91071.262.61$27,731
Nov 20231206,51377.892.81$27,632
Oct 20231506,96685.443.09$34,322
Sep 20231356,80489.042.74$30,630
Aug 20231487,41580.522.67$31,736
Jul 20231257,42474.852.64$28,969
Jun 20231307,22268.962.26$25,276
May 20231137,42670.622.23$24,521
Apr 20231247,29678.122.24$26,014
Mar 20231466,89072.852.39$27,125
Feb 2023955,92375.112.47$21,740
Jan 20231457,45876.533.39$36,362
Dec 20221477,75476.415.73$55,656
Nov 20221847,97385.005.65$60,657
Oct 20221208,97787.185.86$63,101
Sep 20222358,57084.888.16$89,910
Aug 20222348,89394.529.13$103,286
Jul 20222378,996101.587.54$91,923
Jun 20222058,486115.097.98$91,288
May 202225010,330109.378.43$114,456
Apr 202218213,585104.226.84$111,857
Mar 202224613,863108.885.08$97,159
Feb 202218211,74291.054.86$73,624
Jan 202222417,80081.844.54$99,103
Dec 202124620,54671.323.90$97,656
Nov 202126622,83477.435.24$140,175
Oct 202125126,62379.795.71$172,148
Sep 202128828,14269.865.35$170,705
Aug 202139022,78766.024.22$121,922
Jul 202126324,78570.783.98$117,311
Jun 202143626,05969.493.38$118,393
May 202122328,74563.483.02$100,899
Apr 202142929,49760.362.76$107,260
Mar 202152632,38061.302.72$120,218
Feb 202150131,23057.805.55$202,220
Jan 202143236,75850.412.81$125,077
Dec 202043339,81444.642.68$125,850
Nov 202044939,63638.772.71$124,685
Oct 202040544,96636.972.48$126,418
Sep 202039149,21537.091.99$112,491
Aug 202040350,69039.982.39$137,013
Jul 202058655,52138.371.83$123,817
Jun 202074258,23434.901.69$124,329
May 202061665,60316.921.81$129,476
Apr 202087369,29614.751.80$137,913
Mar 202099277,76830.341.86$174,453
Feb 20201,06379,42649.881.98$210,339
Jan 20201,33892,47157.252.09$270,303
Dec 20191,730101,53359.012.30$336,056
Nov 20192,476107,88855.302.75$433,690
Oct 20192,237120,24853.472.42$410,437
Sep 20192,617121,92455.052.66$468,052
Aug 20191,65258,85553.112.30$223,361

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            34 bbl  × $106.41 =     $3,618
Gas                5,819 Mcf  × $  3.05 =    $17,724

────────────────────────────────────────────────────
Month total                                  $21,342

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/289021 is the state's own key, not one this site invented.