LOWE

Operated by BPX OPERATING COMPANY (P-5 85408) in the HAWKVILLE (EAGLEFORD SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 273561District 01Field 39744500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.4 M
Jul 2013 – May 2026
Value, last 12 filed months
$169 k
at the published price for each month
Months reported
155
no gaps in the span
Streams
2
condensate, gas

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 1,894 leases and 1,894 wells, and the rule below applies to all of them.

Discovered
2008-10-14
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2015-08-25.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: WILL REQUIRE A REGULAR SWR 38.

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
High Cost Gas112015-01-23214961
NGPA1none

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
CondensateDisposition133,307 bbl$10,095,086
GasProduction1,124,716 Mcf$4,292,275
Total$14,387,361

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 28.3821, -98.5882. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.38209, -98.58821 · 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
12,031 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 12,031 ft.

Completions filed
Jan 2014
1 of 1 wells

1 well

42-3113532119H12,031 ftJan 2014

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 (155)

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

155 months

May 20261304,545106.413.05$27,677
Apr 20261248,60798.932.87$36,967
Mar 202601,03889.753.15$3,269
Feb 2026093763.503.75$3,514
Jan 20262882,59859.138.00$37,808
Dec 20251105,44956.664.41$30,281
Nov 2025089058.593.93$3,495
Oct 202502759.383.30$89
Sep 2025025062.743.08$769
Aug 20259573663.933.01$8,292
Jul 2025098766.743.32$3,272
Jun 20251151,79966.483.13$13,274
May 202501,50660.553.23$4,868
Apr 202508,97862.363.54$31,810
Mar 202503,17567.704.27$13,552
Feb 202502,40970.884.34$10,457
Jan 202503,34374.324.28$14,304
Dec 2024754,08068.993.12$17,909
Nov 2024882,76569.052.20$12,155
Oct 2024162,37571.372.28$6,560
Sep 2024914,21669.612.36$16,303
Aug 2024304,66675.632.06$11,898
Jul 2024644,66379.932.15$15,125
Jun 2024752,55978.082.63$12,596
May 2024854,47478.812.20$16,535
Apr 20241023,37784.451.66$14,217
Mar 2024511,18280.301.55$5,922
Feb 202413519076.091.78$10,611
Jan 20241105,96473.023.30$27,699
Dec 2023936,47571.262.61$23,532
Nov 2023802,48377.892.81$13,202
Oct 2023854,87185.443.09$22,301
Sep 202315510,65789.042.74$42,949
Aug 202315010,79980.522.67$40,942
Jul 202303,67374.852.64$9,703
Jun 20232642,35068.962.26$23,513
May 202336045870.622.23$26,443
Apr 20232181,35578.122.24$20,062
Mar 202307,99172.852.39$19,124
Feb 20231755,18675.112.47$25,931
Jan 20231183,94676.533.39$22,398
Dec 20221596,48776.415.73$49,314
Nov 2022942,16085.005.65$20,186
Oct 202230088987.185.86$31,367
Sep 2022044484.888.16$3,625
Aug 20223632,46594.529.13$56,809
Jul 20221213,727101.587.54$40,401
Jun 20221151,646115.097.98$26,366
May 2022129523109.378.43$18,519
Apr 20222191,549104.226.84$33,416
Mar 20221212,540108.885.08$26,069
Feb 20224321,36891.054.86$45,980
Jan 202276,02681.844.54$27,917
Dec 2021068771.323.90$2,679
Nov 20210077.435.24$0
Oct 2021746379.795.71$6,264
Sep 20212387,04569.865.35$54,324
Aug 20212842,61166.024.22$29,770
Jul 20212021,07970.783.98$18,594
Jun 2021046369.493.38$1,565
May 202122086663.483.02$16,579
Apr 20212331,28060.362.76$17,595
Mar 20212671,09161.302.72$19,331
Feb 202112879557.805.55$11,809
Jan 20212921,45950.412.81$18,820
Dec 20206611,50044.642.68$33,520
Nov 20202661,97838.772.71$15,666
Oct 20203012,26036.972.48$16,729
Sep 20203941,35837.091.99$17,317
Aug 20203611,31339.982.39$17,564
Jul 20203317,20538.371.83$25,850
Jun 20204047,76834.901.69$27,230
May 20202374,57716.921.81$12,316
Apr 20203656,46214.751.80$17,044
Mar 202038810,25330.341.86$30,804
Feb 20206359,37349.881.98$50,239
Jan 202030810,31657.252.09$39,242
Dec 201941610,42859.012.30$48,578
Nov 20193078,33155.302.75$39,893
Oct 20195885,90953.472.42$45,732
Sep 201984712,08855.052.66$78,749
Aug 20191685,41353.112.30$21,396
Jul 20195083,86756.272.46$38,098
Jun 20192412,73552.782.49$19,533
May 2019992958.482.74$5,869
Apr 20191473262.632.75$9,295
Mar 201923313356.803.06$13,642
Feb 2019573,10750.852.79$11,574
Jan 20193431,79446.033.23$21,580
Dec 20182312,82946.594.19$22,603
Nov 20184781,97652.934.24$33,673
Oct 20184132,53461.443.40$33,985
Sep 2018581,37759.543.11$7,733
Aug 201823437359.403.07$15,043
Jul 20184691,55565.142.93$35,110
Jun 20184211,79560.183.08$30,859
May 20184442,72065.382.90$36,919
Apr 20183741,47063.842.90$28,140
Mar 20183222,63761.222.79$27,062
Feb 20183752,20961.782.77$29,278
Jan 20184823,07662.874.01$42,636
Dec 20171211,16557.272.92$10,333
Nov 20174962,32455.423.12$34,735
Oct 20176282,34449.292.98$37,948
Sep 20171822,04147.523.09$14,950
Aug 20176262,62245.373.00$36,279
Jul 20175584,16143.873.09$37,326
Jun 20177984,66542.493.09$48,309
May 20171,2343,97145.373.26$68,946
Apr 20172715,06147.933.21$29,243
Mar 20175745,02446.772.98$41,836
Feb 20176886,98250.452.95$55,325
Jan 20177806,80649.413.42$61,808
Dec 20165075,10848.763.72$43,738
Nov 20167465,49142.492.64$46,218
Oct 20167997,49846.193.09$60,077
Sep 2016113,40341.553.10$11,008
Aug 20168073,94641.442.92$44,982
Jul 20167765,65241.622.92$48,825
Jun 20161,2177,54145.352.69$75,445
May 20166224,45242.521.99$35,312
Apr 20168186,89036.561.99$43,624
Mar 20161,0066,61433.011.79$45,074
Feb 20169826,71126.472.06$39,843
Jan 20161,1144,93827.352.36$42,143
Dec 20158777,01032.362.00$42,410
Nov 20156099,15638.792.17$43,467
Oct 20155917,72743.552.43$44,488
Sep 20156548,57142.992.76$51,758
Aug 20156908,57740.162.87$52,348
Jul 20151,37511,89848.152.95$101,247
Jun 20151,34211,93856.152.88$109,769
May 201580212,80755.212.96$82,129
Apr 20151,08711,59949.822.71$85,548
Mar 20151,62411,16642.892.93$102,422
Feb 20152,73818,23044.662.98$176,535
Jan 20151,52713,13943.433.10$107,057
Dec 20143,73523,39354.693.59$288,280
Nov 20143,27926,93770.464.25$345,570
Oct 20142,94626,37878.303.90$333,571
Sep 20142,68025,69586.164.05$334,856
Aug 20143,39332,13089.394.04$432,949
Jul 20144,40339,02596.564.18$588,263
Jun 20145,45249,94898.164.74$771,766
May 20148,81362,80294.734.73$1,131,693
Apr 201410,79064,59695.944.81$1,345,843
Mar 201412,92258,28995.895.06$1,533,846
Feb 201411,13365,87997.406.19$1,492,277
Jan 201413,09864,34490.404.86$1,496,817
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0

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           130 bbl  × $106.41 =    $13,833
Gas                4,545 Mcf  × $  3.05 =    $13,843

────────────────────────────────────────────────────
Month total                                  $27,677

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. 01/G/273561 is the state's own key, not one this site invented.