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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 289661District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.5 M
Oct 2019 – May 2026
Value, last 12 filed months
$266 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-1112020-09-25227986

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
CondensateDisposition18,183 bbl$1,111,924
GasProduction434,748 Mcf$1,346,302
Total$2,458,226

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 28.1507, -99.7955. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.15075, -99.79554 · 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
5,866 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 5,866 ft.

Completions filed
Oct 2019
1 of 1 wells

1 well

42-47944219504H5,866 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 20261562,472106.413.05$24,129
Apr 20266231,50598.932.87$65,952
Mar 202684126189.753.15$76,302
Feb 202650348363.503.75$33,752
Jan 20266452959.138.00$8,015
Dec 2025173956.664.41$3,318
Nov 2025151,34658.593.93$6,164
Oct 2025382,06559.383.30$9,081
Sep 2025572,75862.743.08$12,062
Aug 2025562,16763.933.01$10,113
Jul 2025251,30966.743.32$6,008
Jun 2025572,43266.483.13$11,398
May 2025431,99060.553.23$9,036
Apr 2025231,20662.363.54$5,707
Mar 2025451,82667.704.27$10,840
Feb 2025511,96770.884.34$12,153
Jan 2025672,41474.324.28$15,308
Dec 2024902,97768.993.12$15,501
Nov 20241143,54669.052.20$15,667
Oct 2024661,72571.372.28$8,646
Sep 2024811,91569.612.36$10,166
Aug 202491,40275.632.06$3,574
Jul 202491,43679.932.15$3,802
Jun 202421,37578.082.63$3,778
May 2024281,58878.812.20$5,698
Apr 2024632,22684.451.66$9,014
Mar 2024722,69580.301.55$9,946
Feb 2024692,32076.091.78$9,388
Jan 2024732,68573.023.30$14,185
Dec 2023783,03271.262.61$13,474
Nov 2023742,87877.892.81$13,844
Oct 20231103,09985.443.09$18,966
Sep 20231083,31889.042.74$18,691
Aug 20231523,65580.522.67$22,008
Jul 20231073,77974.852.64$17,992
Jun 20231163,67968.962.26$16,308
May 2023933,68670.622.23$14,778
Apr 2023592,20478.122.24$9,541
Mar 2023672,12572.852.39$9,966
Feb 2023672,02075.112.47$10,013
Jan 20231283,14576.533.39$20,450
Dec 20221052,01176.415.73$19,544
Nov 20221053,05385.005.65$26,163
Oct 20221063,59087.185.86$30,292
Sep 20221293,55784.888.16$39,988
Aug 20221503,82794.529.13$49,108
Jul 20221303,532101.587.54$39,844
Jun 20221154,070115.097.98$45,703
May 20221534,408109.378.43$53,906
Apr 20221374,754104.226.84$46,784
Mar 20221504,835108.885.08$40,876
Feb 20221143,46091.054.86$27,191
Jan 20221153,36881.844.54$24,695
Dec 20211394,86771.323.90$28,891
Nov 20211605,29677.435.24$40,123
Oct 20211024,63279.795.71$34,605
Sep 20211766,35469.865.35$46,295
Aug 20212217,33466.024.22$45,544
Jul 20213017,91370.783.98$52,815
Jun 20211713,20169.493.38$22,704
May 20211983,22863.483.02$22,310
Apr 20212344,75660.362.76$27,243
Mar 20212046,55661.302.72$30,317
Feb 20211807,14757.805.55$50,055
Jan 20212858,76350.412.81$38,993
Dec 20202487,26744.642.68$30,513
Nov 20203227,36438.772.71$32,415
Oct 20202478,43936.972.48$30,047
Sep 20202918,67637.091.99$28,067
Aug 20204648,86839.982.39$39,702
Jul 20202719,89238.371.83$28,452
Jun 202035813,97434.901.69$36,115
May 202036813,13716.921.81$30,067
Apr 202057312,54614.751.80$31,090
Mar 202069815,77330.341.86$50,456
Feb 202080820,34449.881.98$80,598
Jan 20201,03527,50157.252.09$116,861
Dec 20191,43536,06859.012.30$167,793
Nov 20192,02137,11655.302.75$213,856
Oct 20196643,29253.472.42$43,466

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           156 bbl  × $106.41 =    $16,600
Gas                2,472 Mcf  × $  3.05 =     $7,529

────────────────────────────────────────────────────
Month total                                  $24,129

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/289661 is the state's own key, not one this site invented.