GATES 07-DR
GATES 07-DR is a Texas gas lease in Webb County, Railroad Commission district 01, operated by Lewis Petro Properties, Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 2025 to August 2026, totalling 654,811 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $775K, with roughly $163K expected over the next twelve months.
| Operator | Lewis Petro Properties, Inc. |
|---|---|
| Field | Lorenzo (Austin Chalk) |
| County | Webb County, Texas |
| RRC district | 01 |
| Lease number | 299889 |
| Wellbores | 1 |
| Reported production | 654,811 mcf |
| First reported | July 2025 |
| Last reported | August 2026 |
| Estimated royalty value | $775K |
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal.