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 278838District 01Field 39744500Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$31.2 M
Nov 2014 – May 2026
Value, last 12 filed months
$2.0 M
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
CondensateDisposition28 bbl$1,204
GasProduction9,475,635 Mcf$31,248,311
Total$31,249,515

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 2026042,307106.413.05$128,860
Apr 2026042,63298.932.87$122,342
Mar 2026043,77889.753.15$137,876
Feb 2026042,76363.503.75$160,375
Jan 2026049,36859.138.00$394,841
Dec 2025043,34056.664.41$191,275
Nov 2025041,28958.593.93$162,119
Oct 2025045,39959.383.30$150,036
Sep 2025038,03262.743.08$117,021
Aug 2025043,22063.933.01$130,298
Jul 2025044,38166.743.32$147,132
Jun 2025043,36266.483.13$135,668
May 2025046,85460.553.23$151,447
Apr 2025035,85962.363.54$127,053
Mar 2025048,55267.704.27$207,235
Feb 2025047,89170.884.34$207,887
Jan 2025045,11974.324.28$193,050
Dec 2024016,01268.993.12$49,979
Nov 2024041,65069.052.20$91,565
Oct 2024047,64171.372.28$108,688
Sep 20240069.612.36$0
Aug 202404,72575.632.06$9,751
Jul 2024029,84179.932.15$64,056
Jun 2024030,47778.082.63$80,276
May 2024028,53278.812.20$62,726
Apr 2024018,02684.451.66$29,909
Mar 2024049,01680.301.55$75,736
Feb 2024046,66176.091.78$83,226
Jan 2024051,22673.023.30$168,926
Dec 2023052,86471.262.61$138,013
Nov 2023028,87377.892.81$81,063
Oct 2023046,20585.443.09$142,648
Sep 2023050,17789.042.74$137,236
Aug 2023052,27480.522.67$139,722
Jul 2023052,92574.852.64$139,817
Jun 2023051,63968.962.26$116,626
May 2023054,01970.622.23$120,322
Apr 2023053,23178.122.24$119,118
Mar 2023056,00172.852.39$134,019
Feb 2023051,23275.112.47$126,322
Jan 2023057,32576.533.39$194,201
Dec 2022058,63376.415.73$335,913
Nov 2022053,27285.005.65$300,784
Oct 2022059,67087.185.86$349,891
Sep 2022058,48584.888.16$477,453
Aug 2022061,17194.529.13$558,318
Jul 2022061,912101.587.54$466,945
Jun 2022060,867115.097.98$485,548
May 2022061,840109.378.43$521,499
Apr 2022061,684104.226.84$421,771
Mar 2022064,570108.885.08$327,783
Feb 2022056,04491.054.86$272,309
Jan 2022067,95881.844.54$308,372
Dec 2021069,76171.323.90$272,007
Nov 2021067,00677.435.24$350,900
Oct 2021071,88779.795.71$410,753
Sep 2021071,01769.865.35$380,006
Aug 2021074,21266.024.22$313,218
Jul 2021073,55970.783.98$292,918
Jun 2021071,60669.493.38$242,073
May 2021075,23463.483.02$227,031
Apr 2021074,64060.362.76$205,888
Mar 2021077,14361.302.72$209,593
Feb 2021067,94157.805.55$376,933
Jan 2021079,86650.412.81$224,445
Dec 2020082,06644.642.68$219,564
Nov 2020080,95938.772.71$219,121
Oct 2020086,26636.972.48$213,804
Sep 2020086,03137.091.99$171,291
Aug 2020090,05239.982.39$214,783
Jul 2020191,97138.371.83$167,896
Jun 2020090,32834.901.69$152,682
May 2020095,60716.921.81$173,503
Apr 2020094,89414.751.80$171,225
Mar 2020098,99830.341.86$183,763
Feb 2020094,61449.881.98$187,399
Jan 20200104,16657.252.09$218,201
Dec 20190106,20659.012.30$244,737
Nov 20190105,31855.302.75$289,698
Oct 20190111,75553.472.42$270,284
Sep 20190110,63555.052.66$293,988
Aug 20190117,83553.112.30$271,534
Jul 20190121,47956.272.46$298,846
Jun 20190119,30152.782.49$297,203
May 20190128,89458.482.74$353,211
Apr 20190127,85362.632.75$351,685
Mar 20190136,56656.803.06$418,179
Feb 20190127,14050.852.79$355,003
Jan 20190145,82646.033.23$470,753
Dec 20180148,79246.594.19$622,760
Nov 20180127,47252.934.24$540,129
Oct 20180135,12661.443.40$459,169
Sep 20180130,62359.543.11$405,976
Aug 2018039,69159.403.07$121,715
Jul 20180103,84065.142.93$304,446
Jun 20180136,39160.183.08$419,664
May 20180153,72365.382.90$445,920
Apr 20180158,56863.842.90$459,974
Mar 20180173,78361.222.79$484,305
Feb 20180168,30361.782.77$465,546
Jan 20180201,35262.874.01$807,285
Dec 20170217,02257.272.92$634,034
Nov 20171225,23255.423.12$702,410
Oct 20170247,56749.292.98$738,661
Sep 20170262,38247.523.09$810,047
Aug 20170288,10245.373.00$865,574
Jul 20170314,98643.873.09$972,450
Jun 201724277,11642.493.09$856,554
May 2017296,10845.373.26$313,730
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               42,307 Mcf  × $  3.05 =   $128,860

────────────────────────────────────────────────────
Month total                                 $128,860

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/278838 is the state's own key, not one this site invented.