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 273576District 01Field 39744500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$17.8 M
Jul 2013 – May 2026
Value, last 12 filed months
$77 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 Gas112015-11-05214724
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
CondensateDisposition174,258 bbl$13,809,109
GasProduction1,001,407 Mcf$3,973,169
Total$17,782,278

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, -98.5860. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.38212, -98.58598 · 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
12,225 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 12,225 ft.

Completions filed
Nov 2013
1 of 1 wells

1 well

42-311353225H12,225 ftNov 2013

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 202666933106.413.05$9,865
Apr 20268294298.932.87$10,816
Mar 202612512889.753.15$11,622
Feb 20266527463.503.75$5,155
Jan 20265935859.138.00$6,352
Dec 20257622556.664.41$5,299
Nov 20257619658.593.93$5,222
Oct 202510810759.383.30$6,767
Sep 20251911162.743.08$1,534
Aug 2025334463.933.01$2,242
Jul 202511413066.743.32$8,039
Jun 20255721966.483.13$4,475
May 20257524560.553.23$5,333
Apr 2025396662.363.54$2,666
Mar 20251048667.704.27$7,408
Feb 202512711270.884.34$9,488
Jan 20251044874.324.28$7,935
Dec 202410214968.993.12$7,502
Nov 202411638069.052.20$8,845
Oct 202414646971.372.28$11,490
Sep 202493862769.612.36$66,777
Aug 20245,4992,47675.632.06$420,999
Jul 202410,7594,42279.932.15$869,459
Jun 20246849178.082.63$6,603
May 20244240478.812.20$4,198
Apr 20244136284.451.66$4,063
Mar 202410220080.301.55$8,500
Feb 202410822776.091.78$8,623
Jan 20244820673.023.30$4,184
Dec 20237921071.262.61$6,178
Nov 20239118077.892.81$7,593
Oct 202310133985.443.09$9,676
Sep 202312924589.042.74$12,156
Aug 202308780.522.67$233
Jul 202307874.852.64$206
Jun 2023092068.962.26$2,078
May 2023083670.622.23$1,862
Apr 2023065678.122.24$1,468
Mar 2023074472.852.39$1,781
Feb 2023036175.112.47$890
Jan 2023057076.533.39$1,931
Dec 2022085376.415.73$4,887
Nov 2022065385.005.65$3,687
Oct 2022033587.185.86$1,964
Sep 2022063684.888.16$5,192
Aug 20222,8191,94294.529.13$284,177
Jul 202211,7498,030101.587.54$1,254,026
Jun 20221,4261,018115.097.98$172,239
May 20222261,369109.378.43$36,262
Apr 20223732,998104.226.84$59,373
Mar 20223203,349108.885.08$51,842
Feb 20221552,78091.054.86$27,620
Jan 202201,48881.844.54$6,752
Dec 202102,51871.323.90$9,818
Nov 2021088477.435.24$4,629
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 2021756550.412.81$3,963
Dec 20201531,43844.642.68$10,677
Nov 20202562,28538.772.71$16,110
Oct 20202622,21536.972.48$15,176
Sep 20201622,57937.091.99$11,143
Aug 20202662,63339.982.39$16,915
Jul 20201753,60038.371.83$13,285
Jun 20203472,39734.901.69$16,162
May 20202193,51716.921.81$10,088
Apr 20202444,20214.751.80$11,181
Mar 20204942,20630.341.86$19,083
Feb 20202043,20649.881.98$16,526
Jan 20205832,67957.252.09$38,989
Dec 20195611,67359.012.30$36,960
Nov 20194083,06255.302.75$30,985
Oct 20192203,30653.472.42$19,759
Sep 2019644,97455.052.66$16,741
Aug 20194531,80553.112.30$28,218
Jul 20198923,83756.272.46$59,632
Jun 20191172,84652.782.49$13,265
May 2019061358.482.74$1,680
Apr 20196923662.632.75$4,971
Mar 201924349556.803.06$15,318
Feb 20194251,41150.852.79$25,551
Jan 20193482,70646.033.23$24,754
Dec 20183392,46146.594.19$26,094
Nov 20183532,11852.934.24$27,659
Oct 20183422,31061.443.40$28,862
Sep 2018953,21159.543.11$15,636
Aug 20185443,60759.403.07$43,375
Jul 20183402,61065.142.93$29,800
Jun 20185233,75560.183.08$43,028
May 20182663,87865.382.90$28,640
Apr 20185481,60063.842.90$39,626
Mar 20182642,82561.222.79$24,035
Feb 20186852,20761.782.77$48,424
Jan 20182772,80362.874.01$28,653
Dec 20172932,71357.272.92$24,706
Nov 20176493,29655.423.12$46,246
Oct 20175743,99949.292.98$40,224
Sep 20172663,42347.523.09$23,208
Aug 20177235,48545.373.00$49,282
Jul 20174772,62343.873.09$29,024
Jun 20172651,33142.493.09$15,369
May 20174162,97345.373.26$28,576
Apr 20175602,37047.933.21$34,452
Mar 20174464,46246.772.98$34,173
Feb 20177085,31550.452.95$51,412
Jan 20174843,41549.413.42$35,590
Dec 20162324,15948.763.72$26,796
Nov 20163695,04042.492.64$29,006
Oct 20167927,56446.193.09$59,957
Sep 20166734,84941.553.10$42,998
Aug 20165405,55141.442.92$38,611
Jul 20167517,15041.622.92$52,166
Jun 20161,0187,03645.352.69$65,064
May 20165607,85242.521.99$39,445
Apr 20167928,15936.561.99$45,200
Mar 20169638,26433.011.79$46,614
Feb 20167205,62226.472.06$30,660
Jan 20168406,96627.352.36$39,444
Dec 20159468,28932.362.00$47,202
Nov 20151,1028,56638.792.17$61,312
Oct 20151,2839,54243.552.43$79,029
Sep 20151,4069,96342.992.76$87,926
Aug 20151,7959,83040.162.87$100,324
Jul 20151,27210,43848.152.95$91,988
Jun 20151,6198,15056.152.88$114,402
May 20151,84615,49255.212.96$147,703
Apr 20152,01714,97949.822.71$141,029
Mar 20151,84117,75842.892.93$131,075
Feb 20153,11119,63544.662.98$197,375
Jan 20151,42015,04543.433.10$108,320
Dec 20142,70425,16354.693.59$238,251
Nov 20141,96720,52370.464.25$225,855
Oct 20142,73722,53978.303.90$302,231
Sep 20142,92525,66086.164.05$355,824
Aug 20143,71233,85989.394.04$468,441
Jul 20143,99039,32296.564.18$549,625
Jun 20145,34550,29898.164.74$762,921
May 20148,77861,10594.734.73$1,120,356
Apr 201410,13761,79295.944.81$1,269,709
Mar 201410,65252,44495.895.06$1,286,619
Feb 201410,05053,42297.406.19$1,309,659
Jan 201412,65960,14390.404.86$1,436,712
Dec 201315,68278,23091.824.35$1,780,572
Nov 20135697,51688.853.74$78,653
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            66 bbl  × $106.41 =     $7,023
Gas                  933 Mcf  × $  3.05 =     $2,842

────────────────────────────────────────────────────
Month total                                   $9,865

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/273576 is the state's own key, not one this site invented.