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 278518District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$19.5 M
Jan 2015 – May 2026
Value, last 12 filed months
$525 k
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
CondensateDisposition270 bbl$17,754
GasProduction6,366,406 Mcf$19,520,202
Total$19,537,956

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 202694,734106.413.05$15,377
Apr 2026010,53098.932.87$30,218
Mar 202609,94789.753.15$31,327
Feb 2026011,53163.503.75$43,245
Jan 20261312,96859.138.00$104,486
Dec 2025012,89856.664.41$56,924
Nov 2025012,87658.593.93$50,557
Oct 2025013,45759.383.30$44,473
Sep 2025011,71562.743.08$36,046
Aug 2025013,47163.933.01$40,612
Jul 2025012,16066.743.32$40,313
Jun 2025010,00566.483.13$31,303
May 2025014,96360.553.23$48,365
Apr 2025012,41062.363.54$43,970
Mar 2025016,90567.704.27$72,156
Feb 2025012,08370.884.34$52,450
Jan 2025013,36874.324.28$57,197
Dec 20241510,89268.993.12$35,033
Nov 2024015,10169.052.20$33,199
Oct 2024017,40771.372.28$39,712
Sep 2024016,32269.612.36$38,591
Aug 2024015,37675.632.06$31,730
Jul 20241216,79579.932.15$37,011
Jun 2024014,10778.082.63$37,158
May 202406,99678.812.20$15,380
Apr 202404,76484.451.66$7,904
Mar 20242113,87180.301.55$23,119
Feb 2024013,94276.091.78$24,868
Jan 2024237,56173.023.30$26,613
Dec 202308,28371.262.61$21,625
Nov 2023011,85777.892.81$33,289
Oct 2023012,97185.443.09$40,045
Sep 2023011,92989.042.74$32,626
Aug 2023013,38480.522.67$35,774
Jul 2023413,31274.852.64$35,467
Jun 2023014,28768.962.26$32,267
May 2023013,07970.622.23$29,132
Apr 20232013,32178.122.24$31,372
Mar 2023013,32172.852.39$31,879
Feb 202304,29875.112.47$10,597
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 2022014,32287.185.86$83,981
Sep 2022024,14384.888.16$197,096
Aug 2022028,50794.529.13$260,188
Jul 2022029,221101.587.54$220,387
Jun 2022030,397115.097.98$242,483
May 202250109.378.43$547
Apr 2022015,970104.226.84$109,196
Mar 20221940,932108.885.08$209,856
Feb 2022044,82591.054.86$217,798
Jan 2022051,47181.844.54$233,559
Dec 2021052,11571.323.90$203,203
Nov 2021051,30677.435.24$268,682
Oct 2021046,64179.795.71$266,501
Sep 2021061,57469.865.35$329,478
Aug 2021055,63766.024.22$234,821
Jul 2021059,99570.783.98$238,905
Jun 2021060,28269.493.38$203,791
May 2021057,54963.483.02$173,664
Apr 2021050,79760.362.76$140,119
Mar 2021069,57761.302.72$189,037
Feb 2021038,59557.805.55$214,123
Jan 2021036,82350.412.81$103,483
Dec 2020025,02544.642.68$66,953
Nov 2020030,22638.772.71$81,809
Oct 2020031,96836.972.48$79,230
Sep 2020031,37037.091.99$62,459
Aug 2020032,42539.982.39$77,337
Jul 2020433,20438.371.83$60,755
Jun 2020031,14034.901.69$52,636
May 2020035,08516.921.81$63,671
Apr 2020032,30314.751.80$58,287
Mar 2020033,61930.341.86$62,405
Feb 2020031,82549.881.98$63,035
Jan 2020035,92357.252.09$75,249
Dec 2019038,75959.012.30$89,315
Nov 2019037,23655.302.75$102,425
Oct 2019037,85753.472.42$91,559
Sep 2019038,99655.052.66$103,623
Aug 2019038,69853.112.30$89,174
Jul 2019039,26356.272.46$96,589
Jun 2019040,88052.782.49$101,840
May 2019041,79458.482.74$114,529
Apr 2019044,71062.632.75$122,984
Mar 2019040,61056.803.06$124,352
Feb 2019038,57650.852.79$107,713
Jan 2019047,22946.033.23$152,464
Dec 2018043,67246.594.19$182,787
Nov 2018046,63952.934.24$197,621
Oct 2018049,97161.443.40$169,805
Sep 2018046,78459.543.11$145,405
Aug 2018052,00359.403.07$159,470
Jul 2018054,63865.142.93$160,192
Jun 2018052,48560.183.08$161,492
May 2018057,74665.382.90$167,510
Apr 20182654,51063.842.90$159,782
Mar 2018059,21261.222.79$165,014
Feb 2018057,87061.782.77$160,075
Jan 2018066,38862.874.01$266,171
Dec 2017070,84357.272.92$206,969
Nov 2017062,92055.423.12$196,207
Oct 2017060,51149.292.98$180,545
Sep 2017059,34147.523.09$183,202
Aug 2017066,23945.373.00$199,008
Jul 2017068,04343.873.09$210,068
Jun 2017068,85242.493.09$212,565
May 2017068,51645.373.26$223,595
Apr 2017070,18747.933.21$225,413
Mar 2017074,33446.772.98$221,789
Feb 2017150,22350.452.95$148,339
Jan 20172478,48849.413.42$269,521
Dec 2016078,19648.763.72$291,110
Nov 2016078,87442.492.64$208,570
Oct 2016080,22846.193.09$247,925
Sep 2016081,47441.553.10$252,621
Aug 2016084,04041.442.92$245,762
Jul 2016090,46841.622.92$264,559
Jun 2016091,97945.352.69$247,040
May 2016099,30642.521.99$197,722
Apr 201613100,72536.561.99$201,023
Mar 20160110,17933.011.79$197,662
Feb 20160110,78226.472.06$228,613
Jan 20160127,21827.352.36$300,789
Dec 20150136,42332.362.00$273,038
Nov 2015086,14438.792.17$186,702
Oct 2015183,54643.552.43$202,775
Sep 201519125,63442.992.76$347,368
Aug 20150138,37940.162.87$397,492
Jul 20151149,90348.152.95$441,524
Jun 20150151,56056.152.88$436,926
May 20150162,84955.212.96$481,292
Apr 20150177,54449.822.71$480,535
Mar 2015094,37842.892.93$276,972
Feb 201516101,65544.662.98$303,259
Jan 201524105,91043.433.10$329,430

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             9 bbl  × $106.41 =       $958
Gas                4,734 Mcf  × $  3.05 =    $14,419

────────────────────────────────────────────────────
Month total                                  $15,377

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/278518 is the state's own key, not one this site invented.