OWENS 1080

Operated by LEWIS PETRO PROPERTIES, INC. (P-5 499978) in the BRISCOE RANCH (EAGLEFORD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 278517District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$22.9 M
Jan 2015 – May 2026
Value, last 12 filed months
$1.2 M
at the published price for each month
Months reported
137
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 5,584 leases and 8,017 wells, and the rule below applies to all of them.

Discovered
2007-11-05
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 2013-04-09.

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: MAY ELECT TO CLASSIFY AS PERMANENT GAS WELL

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
CondensateDisposition466 bbl$28,932
GasProduction7,424,709 Mcf$22,846,786
Total$22,875,718

Every month this lease reported (137)

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

137 months

May 2026624,737106.413.05$75,983
Apr 2026024,22998.932.87$69,530
Mar 2026025,29489.753.15$79,662
Feb 2026023,01863.503.75$86,325
Jan 20261925,98059.138.00$208,909
Dec 2025025,88056.664.41$114,218
Nov 2025025,65558.593.93$100,733
Oct 2025027,32059.383.30$90,288
Sep 2025025,01062.743.08$76,954
Aug 2025022,12963.933.01$66,714
Jul 2025029,37166.743.32$97,371
Jun 2025033,54066.483.13$104,937
May 2025030,69760.553.23$99,223
Apr 2025018,56962.363.54$65,792
Mar 2025027,32767.704.27$116,640
Feb 2025025,21970.884.34$109,472
Jan 2025029,47474.324.28$126,110
Dec 20241331,73368.993.12$99,947
Nov 2024027,34169.052.20$60,108
Oct 2024022,63571.372.28$51,639
Sep 2024023,26669.612.36$55,009
Aug 2024024,85575.632.06$51,292
Jul 20241124,10779.932.15$52,627
Jun 2024015,36378.082.63$40,466
May 202406,20578.812.20$13,641
Apr 202409,25284.451.66$15,351
Mar 20246026,92780.301.55$46,424
Feb 2024025,55976.091.78$45,588
Jan 20242928,11673.023.30$94,835
Dec 2023029,70571.262.61$77,551
Nov 2023029,61477.892.81$83,143
Oct 2023031,20285.443.09$96,329
Sep 2023027,24189.042.74$74,505
Aug 2023028,57380.522.67$76,372
Jul 2023928,61674.852.64$76,271
Jun 2023028,84668.962.26$65,148
May 2023029,50570.622.23$65,719
Apr 20234329,32378.122.24$68,977
Mar 2023031,06472.852.39$74,341
Feb 2023027,84475.112.47$68,654
Jan 2023031,25876.533.39$105,893
Dec 2022031,43176.415.73$180,071
Nov 2022031,50285.005.65$177,867
Oct 2022031,37087.185.86$183,946
Sep 2022029,69884.888.16$242,445
Aug 2022031,22394.529.13$284,977
Jul 2022031,643101.587.54$238,654
Jun 2022031,386115.097.98$250,372
May 2022631,475109.378.43$266,086
Apr 2022034,944104.226.84$238,933
Mar 20221736,661108.885.08$187,957
Feb 2022033,62691.054.86$163,383
Jan 2022037,76181.844.54$171,347
Dec 2021038,24871.323.90$149,134
Nov 2021037,42977.435.24$196,010
Oct 2021036,14779.795.71$206,539
Sep 2021039,37369.865.35$210,682
Aug 2021040,96266.024.22$172,884
Jul 2021542,51770.783.98$169,660
Jun 2021042,18369.493.38$142,605
May 2021045,65963.483.02$137,784
Apr 2021042,37360.362.76$116,883
Mar 2021044,17861.302.72$120,029
Feb 2021034,37857.805.55$190,727
Jan 2021044,87950.412.81$126,122
Dec 2020033,37144.642.68$89,283
Nov 2020036,08138.772.71$97,656
Oct 2020038,00136.972.48$94,183
Sep 2020037,47937.091.99$74,622
Aug 2020039,40139.982.39$93,975
Jul 2020540,25438.371.83$73,660
Jun 2020037,64034.901.69$63,623
May 2020040,69116.921.81$73,844
Apr 2020039,85814.751.80$71,919
Mar 2020042,01330.341.86$77,986
Feb 2020039,91149.881.98$79,051
Jan 2020042,34957.252.09$88,710
Dec 2019043,50559.012.30$100,251
Nov 2019042,02355.302.75$115,593
Oct 2019043,31953.472.42$104,769
Sep 2019043,70855.052.66$116,144
Aug 2019044,60153.112.30$102,777
Jul 2019044,26656.272.46$108,897
Jun 2019046,53252.782.49$115,921
May 2019047,05958.482.74$128,957
Apr 2019049,51262.632.75$136,193
Mar 2019047,72356.803.06$146,133
Feb 2019247,93250.852.79$133,938
Jan 2019137,68346.033.23$121,694
Dec 2018142,41146.594.19$177,555
Nov 2018148,01052.934.24$203,483
Oct 2018149,84261.443.40$169,429
Sep 2018145,33359.543.11$140,955
Aug 2018053,02559.403.07$162,604
Jul 2018153,42465.142.93$156,698
Jun 2018150,71360.183.08$156,100
May 2018459,16865.382.90$171,896
Apr 20182656,70063.842.90$166,135
Mar 2018260,42161.222.79$168,506
Feb 2018358,16061.782.77$161,063
Jan 2018266,29562.874.01$265,924
Dec 2017270,04657.272.92$204,755
Nov 2017268,33755.423.12$213,210
Oct 2017167,33349.292.98$200,949
Sep 2017167,61047.523.09$208,779
Aug 2017672,74045.373.00$218,812
Jul 2017674,85043.873.09$231,346
Jun 2017176,19742.493.09$235,284
May 2017176,81445.373.26$250,720
Apr 2017376,75647.933.21$246,653
Mar 2017181,69046.772.98$243,784
Feb 2017275,50050.452.95$223,022
Jan 2017987,02449.413.42$297,962
Dec 2016186,28848.763.72$321,284
Nov 2016288,89442.492.64$235,152
Oct 2016194,15446.193.09$291,007
Sep 2016394,82541.553.10$294,142
Aug 20162100,24741.442.92$293,239
Jul 20163110,48741.622.92$323,226
Jun 20160108,06745.352.69$290,250
May 20160112,44742.521.99$223,886
Apr 201611125,03136.561.99$249,344
Mar 20168126,33733.011.79$226,914
Feb 20162114,12426.472.06$235,563
Jan 20165131,52227.352.36$311,102
Dec 20159147,14532.362.00$294,789
Nov 20153113,05738.792.17$245,148
Oct 2015299,13243.552.43$240,639
Sep 201517134,96542.992.76$373,021
Aug 20154147,17240.162.87$422,911
Jul 20158111,89348.152.95$329,919
Jun 20154100,16456.152.88$288,983
May 20157162,97155.212.96$482,039
Apr 20156180,46749.822.71$488,745
Mar 201512112,47242.892.93$330,587
Feb 201516178,56244.662.98$532,149
Jan 201536158,33043.433.10$492,486

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             6 bbl  × $106.41 =       $638
Gas               24,737 Mcf  × $  3.05 =    $75,345

────────────────────────────────────────────────────
Month total                                  $75,983

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/278517 is the state's own key, not one this site invented.