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 278837District 01Field 39744500Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$13.2 M
Nov 2014 – May 2026
Value, last 12 filed months
$181 k
at the published price for each month
Months reported
139
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
CondensateDisposition36 bbl$1,568
GasProduction4,235,332 Mcf$13,223,554
Total$13,225,122

Every month this lease reported (139)

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

139 months

May 202603,919106.413.05$11,937
Apr 202603,64698.932.87$10,463
Mar 202603,72789.753.15$11,738
Feb 202603,41563.503.75$12,807
Jan 202604,04059.138.00$32,312
Dec 202504,10356.664.41$18,108
Nov 202503,93958.593.93$15,466
Oct 202504,11359.383.30$13,593
Sep 202504,16662.743.08$12,818
Aug 202504,28063.933.01$12,903
Jul 202504,47966.743.32$14,849
Jun 202504,48866.483.13$14,042
May 202504,77360.553.23$15,428
Apr 202503,89962.363.54$13,815
Mar 202505,27767.704.27$22,524
Feb 202505,02570.884.34$21,813
Jan 202504,45674.324.28$19,066
Dec 202402,19668.993.12$6,855
Nov 202405,90769.052.20$12,986
Oct 202407,07971.372.28$16,150
Sep 20240069.612.36$0
Aug 2024065075.632.06$1,341
Jul 202403,69979.932.15$7,940
Jun 202403,32778.082.63$8,763
May 202402,83578.812.20$6,233
Apr 202402,15884.451.66$3,581
Mar 202405,81680.301.55$8,986
Feb 202405,44976.091.78$9,719
Jan 202405,88673.023.30$19,410
Dec 202305,93971.262.61$15,505
Nov 202305,91177.892.81$16,595
Oct 202306,00285.443.09$18,530
Sep 202305,84389.042.74$15,981
Aug 202306,10580.522.67$16,318
Jul 202306,15074.852.64$16,247
Jun 202305,96568.962.26$13,472
May 202306,14970.622.23$13,696
Apr 202306,09078.122.24$13,628
Mar 202306,30672.852.39$15,091
Feb 202305,72275.112.47$14,109
Jan 202306,37476.533.39$21,593
Dec 202206,43576.415.73$36,867
Nov 202204,96085.005.65$28,005
Oct 202206,78387.185.86$39,774
Sep 202206,49484.888.16$53,015
Aug 202206,67594.529.13$60,924
Jul 202206,745101.587.54$50,871
Jun 202206,544115.097.98$52,203
May 202206,838109.378.43$57,665
Apr 202206,696104.226.84$45,785
Mar 202207,048108.885.08$35,778
Feb 202206,13091.054.86$29,785
Jan 202207,01481.844.54$31,827
Dec 202107,13571.323.90$27,820
Nov 202107,02577.435.24$36,789
Oct 202107,31879.795.71$41,814
Sep 202107,27369.865.35$38,917
Aug 202107,56066.024.22$31,908
Jul 202107,53970.783.98$30,021
Jun 202107,44469.493.38$25,165
May 202107,87263.483.02$23,755
Apr 202107,63860.362.76$21,069
Mar 202108,01861.302.72$21,784
Feb 202106,93257.805.55$38,458
Jan 202108,18950.412.81$23,013
Dec 202008,21144.642.68$21,968
Nov 202007,97738.772.71$21,590
Oct 202008,65936.972.48$21,461
Sep 202008,57937.091.99$17,081
Aug 202008,87039.982.39$21,156
Jul 202009,01338.371.83$16,450
Jun 202008,87834.901.69$15,007
May 202019,39116.921.81$17,059
Apr 202009,19814.751.80$16,597
Mar 202009,78130.341.86$18,156
Feb 202009,20049.881.98$18,222
Jan 202009,91257.252.09$20,763
Dec 2019010,13759.012.30$23,359
Nov 2019010,39655.302.75$28,596
Oct 2019010,46953.472.42$25,320
Sep 2019010,32455.052.66$27,434
Aug 2019010,85153.112.30$25,005
Jul 2019010,97956.272.46$27,009
Jun 2019011,59852.782.49$28,893
May 2019012,41458.482.74$34,018
Apr 2019012,41162.632.75$34,139
Mar 2019012,91156.803.06$39,535
Feb 2019011,71350.852.79$32,705
Jan 2019013,28846.033.23$42,896
Dec 2018013,77246.594.19$57,642
Nov 2018013,91152.934.24$58,944
Oct 2018012,76861.443.40$43,387
Sep 201806,58059.543.11$20,451
Aug 201801,21359.403.07$3,720
Jul 20180129,97265.142.93$381,062
Jun 20180169,82660.183.08$522,541
May 20180186,34565.382.90$540,550
Apr 20180191,68663.842.90$556,043
Mar 20180205,28061.222.79$572,083
Feb 20180199,55061.782.77$551,979
Jan 20180237,21362.874.01$951,063
Dec 20170253,49457.272.92$740,588
Nov 20172265,16255.423.12$826,981
Oct 20170292,27649.292.98$872,058
Sep 20177303,55247.523.09$937,483
Aug 20170332,82945.373.00$999,951
Jul 20170370,56743.873.09$1,144,044
Jun 201725327,76842.493.09$1,012,974
May 20171118,80045.373.26$387,737
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

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                3,919 Mcf  × $  3.05 =    $11,937

────────────────────────────────────────────────────
Month total                                  $11,937

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/278837 is the state's own key, not one this site invented.