MORGENSTERN-FASKEN STATE GU

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 278836District 01Field 39744500Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$18.0 M
Oct 2014 – May 2026
Value, last 12 filed months
$378 k
at the published price for each month
Months reported
140
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
CondensateDisposition7 bbl$297
GasProduction5,727,540 Mcf$18,019,598
Total$18,019,895

Every month this lease reported (140)

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

140 months

May 202607,992106.413.05$24,342
Apr 202606,22498.932.87$17,861
Mar 202608,52889.753.15$26,858
Feb 202607,96463.503.75$29,868
Jan 202605,60959.138.00$44,860
Dec 202508,71056.664.41$38,440
Nov 202509,96958.593.93$39,143
Oct 202507,75359.383.30$25,622
Sep 202508,41162.743.08$25,880
Aug 2025010,00663.933.01$30,166
Jul 2025011,19566.743.32$37,114
Jun 2025012,21266.483.13$38,208
May 2025014,68960.553.23$47,480
Apr 202509,14162.363.54$32,388
Mar 2025011,03567.704.27$47,101
Feb 2025010,01870.884.34$43,487
Jan 2025015,19574.324.28$65,015
Dec 202402,71868.993.12$8,484
Nov 2024012,26569.052.20$26,964
Oct 2024015,09771.372.28$34,442
Sep 20240069.612.36$0
Aug 202402,20975.632.06$4,559
Jul 2024012,98079.932.15$27,863
Jun 2024010,38278.082.63$27,346
May 202409,53978.812.20$20,971
Apr 202406,81184.451.66$11,301
Mar 2024016,93580.301.55$26,167
Feb 2024019,21276.091.78$34,267
Jan 2024021,10673.023.30$69,600
Dec 2023019,38771.262.61$50,614
Nov 2023021,67077.892.81$60,840
Oct 2023022,64585.443.09$69,911
Sep 2023019,82889.042.74$54,230
Aug 2023022,84380.522.67$61,057
Jul 2023022,14174.852.64$58,492
Jun 2023021,92268.962.26$49,510
May 2023021,44970.622.23$47,776
Apr 2023021,16778.122.24$47,367
Mar 2023021,55672.852.39$51,587
Feb 2023018,76175.112.47$46,259
Jan 2023023,17776.533.39$78,517
Dec 2022023,95176.415.73$137,217
Nov 2022024,36885.005.65$137,587
Oct 2022027,26887.185.86$159,893
Sep 2022027,63884.888.16$225,628
Aug 2022025,73694.529.13$234,897
Jul 2022027,959101.587.54$210,869
Jun 2022028,224115.097.98$225,148
May 2022029,730109.378.43$250,714
Apr 2022028,622104.226.84$195,706
Mar 2022030,508108.885.08$154,871
Feb 2022025,96591.054.86$126,160
Jan 2022032,35281.844.54$146,803
Dec 2021032,23471.323.90$125,684
Nov 2021034,21277.435.24$179,163
Oct 2021013,90179.795.71$79,429
Sep 202108,99469.865.35$48,126
Aug 2021022,32566.024.22$94,225
Jul 2021025,76270.783.98$102,586
Jun 2021025,26869.493.38$85,422
May 2021036,80063.483.02$111,050
Apr 2021036,40260.362.76$100,412
Mar 2021046,33961.302.72$125,900
Feb 2021033,84457.805.55$187,765
Jan 2021043,76950.412.81$123,003
Dec 2020044,05044.642.68$117,854
Nov 2020041,27238.772.71$111,706
Oct 2020051,55236.972.48$127,768
Sep 2020055,51937.091.99$110,541
Aug 2020059,34639.982.39$141,546
Jul 2020061,82938.371.83$112,845
Jun 2020061,75034.901.69$104,377
May 2020067,52216.921.81$122,536
Apr 2020068,17214.751.80$123,008
Mar 2020071,49230.341.86$132,706
Feb 2020067,34649.881.98$133,390
Jan 2020073,74657.252.09$154,479
Dec 2019075,60759.012.30$174,226
Nov 2019077,26155.302.75$212,522
Oct 2019080,47353.472.42$194,627
Sep 2019074,57255.052.66$198,159
Aug 2019075,59153.112.30$174,189
Jul 2019077,86256.272.46$191,545
Jun 2019076,53552.782.49$190,664
May 2019081,65858.482.74$223,769
Apr 2019081,64462.632.75$224,578
Mar 2019087,21556.803.06$267,061
Feb 2019080,71050.852.79$225,360
Jan 2019094,87346.033.23$306,267
Dec 2018097,63146.594.19$408,629
Nov 2018079,09452.934.24$335,140
Oct 2018087,25361.443.40$296,493
Sep 2018089,12559.543.11$277,001
Aug 20180101,68959.403.07$311,835
Jul 20180113,13565.142.93$331,698
Jun 20180108,21960.183.08$332,981
May 20180118,16765.382.90$342,779
Apr 20180118,96763.842.90$345,099
Mar 20180135,92561.222.79$378,801
Feb 20180133,95961.782.77$370,547
Jan 20180154,63562.874.01$619,981
Dec 20170165,94057.272.92$484,797
Nov 20170175,59855.423.12$547,578
Oct 20170198,74349.292.98$592,986
Sep 20170213,37547.523.09$658,748
Aug 20170248,97045.373.00$748,005
Jul 20170279,61643.873.09$863,253
Jun 20177177,28042.493.09$547,610
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$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             0 bbl  × $106.41 =         $0
Gas                7,992 Mcf  × $  3.05 =    $24,342

────────────────────────────────────────────────────
Month total                                  $24,342

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/278836 is the state's own key, not one this site invented.