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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 289022District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.7 M
Oct 2019 – May 2026
Value, last 12 filed months
$108 k
at the published price for each month
Months reported
80
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-1112020-09-09227879

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
CondensateDisposition15,910 bbl$939,303
GasProduction611,958 Mcf$1,725,428
Total$2,664,730

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 28.1559, -99.8119. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.15593, -99.81192 · 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
5,734 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 5,734 ft.

Completions filed
Oct 2019
1 of 1 wells

1 well

42-47944214500H5,734 ftOct 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 (80)

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

80 months

May 2026613,038106.413.05$15,744
Apr 2026804,75898.932.87$21,569
Mar 2026644,83389.753.15$20,965
Feb 20261949,95163.503.75$49,638
Jan 20260759.138.00$56
Dec 20250056.664.41$0
Nov 202501658.593.93$63
Oct 20250059.383.30$0
Sep 202501562.743.08$46
Aug 20252063.933.01$128
Jul 202501366.743.32$43
Jun 20253766.483.13$221
May 20250060.553.23$0
Apr 20250762.363.54$25
Mar 20250767.704.27$30
Feb 20250070.884.34$0
Jan 20250774.324.28$30
Dec 20241068.993.12$69
Nov 2024101169.052.20$715
Oct 20240071.372.28$0
Sep 20245482169.612.36$5,700
Aug 2024401,85975.632.06$6,861
Jul 2024371,57879.932.15$6,345
Jun 2024441,19578.082.63$6,583
May 2024391,30778.812.20$5,947
Apr 2024532,12884.451.66$8,007
Mar 2024591,78980.301.55$7,502
Feb 2024681,40576.091.78$7,680
Jan 2024772,68673.023.30$14,480
Dec 2023732,55871.262.61$11,880
Nov 2023491,67777.892.81$8,525
Oct 2023862,92385.443.09$16,372
Sep 2023852,85689.042.74$15,380
Aug 20231492,84680.522.67$19,605
Jul 2023782,67374.852.64$12,900
Jun 2023612,29568.962.26$9,390
May 2023662,51270.622.23$10,256
Apr 2023662,34578.122.24$10,403
Mar 2023692,23372.852.39$10,371
Feb 2023902,62675.112.47$13,235
Jan 20231102,96576.533.39$18,463
Dec 2022722,82876.415.73$21,703
Nov 2022832,64785.005.65$22,000
Oct 2022713,17587.185.86$24,807
Sep 2022843,15084.888.16$32,846
Aug 2022943,59194.529.13$41,661
Jul 20221293,280101.587.54$37,842
Jun 20221283,520115.097.98$42,811
May 20221233,683109.378.43$44,511
Apr 2022974,039104.226.84$37,726
Mar 20221193,944108.885.08$32,978
Feb 20221973,79691.054.86$36,381
Jan 20222324,48281.844.54$39,325
Dec 20211284,44671.323.90$26,464
Nov 2021914,42177.435.24$30,198
Oct 2021894,87479.795.71$34,951
Sep 20211144,87569.865.35$34,050
Aug 20211225,01566.024.22$29,221
Jul 20211055,12370.783.98$27,832
Jun 20211045,20769.493.38$24,830
May 20211205,58963.483.02$24,483
Apr 20211155,73760.362.76$22,766
Mar 20211227,92361.302.72$29,005
Feb 20211479,41657.805.55$60,736
Jan 202118911,35850.412.81$41,447
Dec 202015512,10244.642.68$39,298
Nov 202016412,47238.772.71$40,115
Oct 202014716,52536.972.48$46,391
Sep 202017518,19637.091.99$42,720
Aug 202023717,37039.982.39$50,904
Jul 202027617,00338.371.83$41,623
Jun 202022218,35134.901.69$38,767
May 202016918,04716.921.81$35,610
Apr 202035421,74114.751.80$44,451
Mar 202051026,60030.341.86$64,849
Feb 202081530,33949.881.98$100,744
Jan 20201,30141,57957.252.09$161,579
Dec 20191,92957,40759.012.30$246,117
Nov 20193,22182,04855.302.75$403,811
Oct 20191,49238,11253.472.42$171,953

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            61 bbl  × $106.41 =     $6,491
Gas                3,038 Mcf  × $  3.05 =     $9,253

────────────────────────────────────────────────────
Month total                                  $15,744

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/289022 is the state's own key, not one this site invented.