WEBB COUNTY SCHOOL LAND 504

Operated by LEWIS PETRO PROPERTIES, INC. (P-5 499978) 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 274956District 01Field 39744500Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$22.4 M
May 2014 – May 2026
Value, last 12 filed months
$768 k
at the published price for each month
Months reported
145
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.

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
CondensateDisposition16,826 bbl$1,009,447
GasProduction6,517,624 Mcf$21,353,093
Total$22,362,540

Every month this lease reported (145)

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

145 months

May 20266314,398106.413.05$50,558
Apr 20264817,01698.932.87$53,580
Mar 20266118,20189.753.15$62,798
Feb 20265715,33563.503.75$61,131
Jan 20268116,23359.138.00$134,620
Dec 20254916,86056.664.41$77,186
Nov 20254416,07858.593.93$65,707
Oct 20255115,40759.383.30$53,946
Sep 20257615,18162.743.08$51,479
Aug 20254716,43963.933.01$52,564
Jul 20256116,42766.743.32$58,530
Jun 20253613,79666.483.13$45,557
May 20254017,12060.553.23$57,759
Apr 20255217,81562.363.54$66,363
Mar 20254913,93267.704.27$62,784
Feb 20255116,38270.884.34$74,727
Jan 20256119,05374.324.28$86,055
Dec 20249119,55668.993.12$67,320
Nov 20245720,02669.052.20$47,962
Oct 20246122,50071.372.28$55,685
Sep 20243815,93969.612.36$40,331
Aug 2024509,79075.632.06$23,984
Jul 20244519,06879.932.15$44,528
Jun 20244413,94878.082.63$40,174
May 20245220,78078.812.20$49,782
Apr 20245320,31784.451.66$38,186
Mar 20248219,64280.301.55$36,934
Feb 20244317,46576.091.78$34,423
Jan 20242419,27473.023.30$65,312
Dec 2023018,98871.262.61$49,572
Nov 2023016,68877.892.81$46,853
Oct 2023020,15185.443.09$62,212
Sep 2023019,86289.042.74$54,323
Aug 2023620,41680.522.67$55,053
Jul 20235020,95974.852.64$59,112
Jun 2023018,19368.962.26$41,089
May 2023023,03570.622.23$51,308
Apr 20231520,41878.122.24$46,862
Mar 20237921,86272.852.39$58,074
Feb 20233222,85175.112.47$58,747
Jan 2023012,81076.533.39$43,397
Dec 2022023,95176.415.73$137,217
Nov 2022021,60985.005.65$122,009
Oct 2022023,35587.185.86$136,948
Sep 2022023,32984.888.16$190,450
Aug 20221924,61194.529.13$226,424
Jul 20227823,721101.587.54$186,829
Jun 20224522,098115.097.98$181,459
May 20222824,489109.378.43$209,579
Apr 20224223,812104.226.84$167,194
Mar 20228325,661108.885.08$139,303
Feb 20224823,26191.054.86$117,392
Jan 20226825,20981.844.54$119,956
Dec 20214525,76471.323.90$103,666
Nov 20215325,97977.435.24$140,152
Oct 20212826,83379.795.71$155,554
Sep 2021026,06669.865.35$139,477
Aug 2021427,03266.024.22$114,355
Jul 20211227,83170.783.98$111,675
Jun 20214827,90069.493.38$97,655
May 2021428,28463.483.02$85,606
Apr 20211428,42160.362.76$79,242
Mar 20214828,42761.302.72$80,177
Feb 20211026,19757.805.55$145,918
Jan 20215430,82350.412.81$89,343
Dec 20206431,01844.642.68$85,844
Nov 20204629,79938.772.71$82,437
Oct 20204030,94236.972.48$78,166
Sep 20201430,43037.091.99$61,107
Aug 20202732,02739.982.39$77,467
Jul 20205332,34538.371.83$61,067
Jun 202013331,08034.901.69$57,177
May 2020032,04416.921.81$58,152
Apr 20208232,35214.751.80$59,585
Mar 20207733,60030.341.86$64,706
Feb 20207832,26749.881.98$67,801
Jan 202010734,92057.252.09$79,274
Dec 20197935,40259.012.30$86,241
Nov 201910935,19555.302.75$102,839
Oct 201910936,84553.472.42$94,939
Sep 20198434,57755.052.66$96,505
Aug 201912436,30453.112.30$90,243
Jul 20198337,67356.272.46$97,348
Jun 201912437,62452.782.49$100,274
May 201912137,59058.482.74$110,085
Apr 20199637,43562.632.75$108,985
Mar 201914441,11556.803.06$134,077
Feb 201913837,09850.852.79$110,603
Jan 201918042,43046.033.23$145,257
Dec 201816843,24946.594.19$188,843
Nov 201817742,30252.934.24$188,612
Oct 201817744,30161.443.40$161,413
Sep 201818143,92859.543.11$147,305
Aug 201816446,49759.403.07$152,327
Jul 201815347,69765.142.93$149,808
Jun 201816746,39960.183.08$152,816
May 201816248,96565.382.90$152,629
Apr 201821248,83263.842.90$155,186
Mar 201818551,57761.222.79$155,063
Feb 201813747,87461.782.77$140,889
Jan 201814551,52962.874.01$215,712
Dec 201717249,62957.272.92$154,843
Nov 201716848,07655.423.12$159,229
Oct 201714250,52449.292.98$157,747
Sep 201714949,78647.523.09$160,784
Aug 201712552,64045.373.00$163,823
Jul 201714253,70843.873.09$172,041
Jun 201712751,84642.493.09$165,459
May 201712855,48445.373.26$186,874
Apr 201714855,50247.933.21$185,344
Mar 201712060,41846.772.98$185,880
Feb 201712855,64550.452.95$170,755
Jan 201714062,09649.413.42$219,211
Dec 201613760,20148.763.72$230,798
Nov 20164759,66342.492.64$159,767
Oct 2016558,87046.193.09$182,155
Sep 20163356,79741.553.10$177,478
Aug 201611258,51741.442.92$175,765
Jul 201611359,20841.622.92$177,847
Jun 20169558,08545.352.69$160,315
May 201611161,08842.521.99$126,348
Apr 201618254,32336.561.99$114,813
Mar 2016050133.011.79$899
Feb 201616959,48626.472.06$127,231
Jan 201628692,29627.352.36$226,043
Dec 201510193,91832.362.00$191,237
Nov 201527593,39738.792.17$213,089
Oct 201528799,16043.552.43$253,119
Sep 201534397,77642.992.76$284,453
Aug 2015353103,97540.162.87$312,844
Jul 2015175107,57148.152.95$325,231
Jun 2015275107,93156.152.88$326,591
May 2015270115,98655.212.96$357,698
Apr 2015349118,26649.822.71$337,482
Mar 2015371127,69842.892.93$390,669
Feb 2015245119,96544.662.98$367,980
Jan 2015530138,41643.433.10$452,195
Dec 2014417145,93354.693.59$546,904
Nov 2014534140,76270.464.25$636,123
Oct 2014432154,51878.303.90$636,594
Sep 2014608157,94086.164.05$691,322
Aug 2014628149,79089.394.04$660,558
Jul 2014498177,21696.564.18$788,779
Jun 2014520175,43898.164.74$882,072
May 20141627,44394.734.73$131,227

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            63 bbl  × $106.41 =     $6,704
Gas               14,398 Mcf  × $  3.05 =    $43,854

────────────────────────────────────────────────────
Month total                                  $50,558

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/274956 is the state's own key, not one this site invented.