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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 289662District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.4 M
Oct 2019 – May 2026
Value, last 12 filed months
$184 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-1112020-09-25227985

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
CondensateDisposition31,600 bbl$1,670,566
GasProduction1,236,267 Mcf$3,736,764
Total$5,407,330

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 28.1497, -99.7917. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.14973, -99.79165 · 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
5,922 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 5,922 ft.

Completions filed
Oct 2019
1 of 1 wells

1 well

42-47944220505H5,922 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 2026324,071106.413.05$15,805
Apr 202691,46898.932.87$5,103
Mar 202641,27389.753.15$4,368
Feb 2026197563.503.75$3,720
Jan 2026171,36959.138.00$11,954
Dec 202521,01256.664.41$4,580
Nov 20251811,16258.593.93$15,167
Oct 20255331,52259.383.30$36,680
Sep 20253303,58262.743.08$31,726
Aug 20251722,49263.933.01$18,509
Jul 2025445,70066.743.32$21,833
Jun 2025254,07066.483.13$14,396
May 2025594,87860.553.23$19,340
Apr 2025666,47762.363.54$27,065
Mar 2025897,01567.704.27$35,968
Feb 2025885,69870.884.34$30,972
Jan 20251157,77074.324.28$41,792
Dec 2024887,01468.993.12$27,964
Nov 2024534,50469.052.20$13,561
Oct 202471,62871.372.28$4,214
Sep 202491,04469.612.36$3,095
Aug 2024231,18575.632.06$4,185
Jul 2024981,23379.932.15$10,480
Jun 2024121,66078.082.63$5,309
May 2024451,44478.812.20$6,721
Apr 202471,58684.451.66$3,223
Mar 2024101,55980.301.55$3,212
Feb 2024481,54576.091.78$6,408
Jan 2024251,63973.023.30$7,230
Dec 2023181,74071.262.61$5,825
Nov 202351,57077.892.81$4,797
Oct 2023121,78285.443.09$6,527
Sep 2023181,78389.042.74$6,479
Aug 2023141,82180.522.67$5,995
Jul 2023331,89274.852.64$7,468
Jun 2023141,75468.962.26$4,927
May 2023101,77370.622.23$4,655
Apr 20231296078.122.24$3,086
Mar 202305472.852.39$129
Feb 20230075.112.47$0
Jan 2023683,50776.533.39$17,085
Dec 20221056,99476.415.73$48,092
Nov 2022763,46485.005.65$26,018
Oct 20221624,93787.185.86$43,073
Sep 2022936,01084.888.16$56,958
Aug 20221118,30994.529.13$86,329
Jul 2022836,871101.587.54$60,253
Jun 20221849,872115.097.98$99,927
May 202224312,686109.378.43$133,558
Apr 2022280104.226.84$2,918
Mar 20221239,461108.885.08$61,420
Feb 20221589,06191.054.86$58,412
Jan 20221128,08081.844.54$45,831
Dec 202113718,95271.323.90$83,667
Nov 202116420,18177.435.24$118,383
Oct 202116823,61779.795.71$148,349
Sep 202120726,34769.865.35$155,442
Aug 202149630,50666.024.22$161,499
Jul 202148234,93870.783.98$173,242
Jun 202135722,34669.493.38$100,351
May 202130820,87563.483.02$82,546
Apr 202136618,98460.362.76$74,458
Mar 202138019,41161.302.72$76,033
Feb 202139219,49257.805.55$130,798
Jan 202145523,60450.412.81$89,270
Dec 202048325,50444.642.68$89,796
Nov 202058826,82038.772.71$95,387
Oct 202060124,98636.972.48$84,145
Sep 202046127,28537.091.99$71,424
Aug 202050428,74139.982.39$88,700
Jul 202064834,04338.371.83$86,996
Jun 20201,05141,41034.901.69$106,676
May 202088847,31516.921.81$100,890
Apr 20201,34655,13814.751.80$119,343
Mar 20201,88665,97630.341.86$179,688
Feb 20202,27069,36449.881.98$250,615
Jan 20203,04885,63557.252.09$353,881
Dec 20194,479102,19459.012.30$499,798
Nov 20194,241114,73655.302.75$550,132
Oct 20191,32016,91153.472.42$111,480

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            32 bbl  × $106.41 =     $3,405
Gas                4,071 Mcf  × $  3.05 =    $12,400

────────────────────────────────────────────────────
Month total                                  $15,805

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/289662 is the state's own key, not one this site invented.