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 278542District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$22.7 M
Jan 2015 – May 2026
Value, last 12 filed months
$946 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
CondensateDisposition407 bbl$28,188
GasProduction7,408,762 Mcf$22,637,356
Total$22,665,544

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 2026520,706106.413.05$63,599
Apr 2026020,12498.932.87$57,750
Mar 2026021,07089.753.15$66,359
Feb 2026020,60963.503.75$77,290
Jan 20262018,45659.138.00$148,792
Dec 2025021,57456.664.41$95,214
Nov 2025021,32458.593.93$83,727
Oct 2025022,37859.383.30$73,956
Sep 2025022,93562.743.08$70,569
Aug 2025020,75763.933.01$62,577
Jul 2025021,59366.743.32$71,585
Jun 2025023,85066.483.13$74,620
May 2025018,73260.553.23$60,548
Apr 2025014,58462.363.54$51,673
Mar 2025022,68267.704.27$96,814
Feb 2025021,20070.884.34$92,026
Jan 2025024,64874.324.28$105,461
Dec 20241025,51468.993.12$80,329
Nov 2024022,89769.052.20$50,338
Oct 2024027,71871.372.28$63,236
Sep 2024024,57469.612.36$58,102
Aug 2024025,59775.632.06$52,823
Jul 20241127,05479.932.15$58,953
Jun 2024016,40078.082.63$43,197
May 202405,71778.812.20$12,568
Apr 202408,75384.451.66$14,523
Mar 20243824,82680.301.55$41,411
Feb 2024023,80976.091.78$42,467
Jan 2024626,19773.023.30$86,827
Dec 2023027,08271.262.61$70,704
Nov 2023027,20677.892.81$76,382
Oct 2023029,02485.443.09$89,605
Sep 2023027,48289.042.74$75,164
Aug 2023026,29680.522.67$70,286
Jul 2023827,71674.852.64$73,819
Jun 2023027,34068.962.26$61,747
May 2023028,65770.622.23$63,831
Apr 20234328,80578.122.24$67,818
Mar 2023030,04372.852.39$71,898
Feb 2023027,28075.112.47$67,264
Jan 2023029,24776.533.39$99,081
Dec 2022029,86476.415.73$171,093
Nov 2022029,30885.005.65$165,479
Oct 2022030,68187.185.86$179,906
Sep 2022030,48584.888.16$248,870
Aug 2022032,00194.529.13$292,078
Jul 2022033,239101.587.54$250,691
Jun 2022031,985115.097.98$255,151
May 20221427,306109.378.43$231,804
Apr 2022031,553104.226.84$215,747
Mar 20224533,486108.885.08$174,888
Feb 2022030,60891.054.86$148,719
Jan 2022034,26981.844.54$155,502
Dec 2021034,85671.323.90$135,908
Nov 2021034,34377.435.24$179,849
Oct 2021034,14179.795.71$195,077
Sep 2021033,43169.865.35$178,887
Aug 2021035,01866.024.22$147,797
Jul 20214835,55270.783.98$144,968
Jun 2021034,73869.493.38$117,436
May 2021036,58863.483.02$110,411
Apr 2021035,86860.362.76$98,939
Mar 2021036,77161.302.72$99,905
Feb 2021033,78257.805.55$187,421
Jan 2021042,58250.412.81$119,667
Dec 2020031,66044.642.68$84,705
Nov 2020035,71938.772.71$96,676
Oct 2020037,00736.972.48$91,719
Sep 2020036,65837.091.99$72,988
Aug 2020038,38939.982.39$91,562
Jul 2020640,12938.371.83$73,470
Jun 2020037,89434.901.69$64,053
May 2020040,32916.921.81$73,187
Apr 2020039,22914.751.80$70,784
Mar 2020041,81730.341.86$77,622
Feb 2020039,39949.881.98$78,036
Jan 2020042,22257.252.09$88,444
Dec 2019043,62059.012.30$100,516
Nov 2019042,52355.302.75$116,968
Oct 2019043,53653.472.42$105,294
Sep 2019044,02555.052.66$116,987
Aug 2019045,03053.112.30$103,765
Jul 2019044,88556.272.46$110,420
Jun 2019047,94852.782.49$119,448
May 2019049,08958.482.74$134,520
Apr 2019051,21962.632.75$140,888
Mar 2019050,63956.803.06$155,062
Feb 2019052,96250.852.79$147,882
Jan 2019133,18046.033.23$107,157
Dec 2018049,17446.594.19$205,815
Nov 2018046,97652.934.24$199,049
Oct 2018054,71061.443.40$185,909
Sep 2018051,81159.543.11$161,029
Aug 2018054,97859.403.07$168,593
Jul 2018058,06265.142.93$170,231
Jun 2018055,98260.183.08$172,252
May 2018061,37865.382.90$178,045
Apr 20183958,78963.842.90$173,025
Mar 2018063,05061.222.79$175,710
Feb 2018061,21661.782.77$169,331
Jan 2018070,28862.874.01$281,807
Dec 2017075,55657.272.92$220,738
Nov 2017070,74955.423.12$220,621
Oct 2017069,93349.292.98$208,658
Sep 2017069,87247.523.09$215,714
Aug 2017075,19145.373.00$225,904
Jul 2017077,40843.873.09$238,980
Jun 2017077,78442.493.09$240,141
May 2017077,60945.373.26$253,269
Apr 2017077,30847.933.21$248,282
Mar 2017081,90946.772.98$244,390
Feb 2017076,09150.452.95$224,666
Jan 20171187,14649.413.42$298,478
Dec 2016086,43148.763.72$321,768
Nov 2016089,24542.492.64$235,995
Oct 2016095,56746.193.09$295,327
Sep 2016095,11041.553.10$294,901
Aug 2016099,88441.442.92$292,095
Jul 20160106,28641.622.92$310,816
Jun 20160106,75745.352.69$286,731
May 20160114,76842.521.99$228,508
Apr 201621115,51536.561.99$230,763
Mar 20160124,47733.011.79$223,313
Feb 20160121,98526.472.06$251,732
Jan 20160136,74427.352.36$323,312
Dec 20150147,04732.362.00$294,301
Nov 20150117,17338.792.17$253,953
Oct 2015197,58943.552.43$236,851
Sep 201518139,52042.992.76$385,629
Aug 20150153,18740.162.87$440,028
Jul 20155144,46048.152.95$425,687
Jun 20150143,76156.152.88$414,443
May 20150167,24055.212.96$494,269
Apr 20150182,94349.822.71$495,148
Mar 20153109,86442.892.93$322,548
Feb 201516179,60944.662.98$535,265
Jan 201538166,61143.433.10$518,249

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             5 bbl  × $106.41 =       $532
Gas               20,706 Mcf  × $  3.05 =    $63,067

────────────────────────────────────────────────────
Month total                                  $63,599

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/278542 is the state's own key, not one this site invented.