WEBB COUNTY SCHOOL LAND 504

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 279087District 01Field 39744500Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$14.5 M
Nov 2014 – May 2026
Value, last 12 filed months
$457 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
CondensateDisposition10,624 bbl$538,826
GasProduction4,563,954 Mcf$13,941,585
Total$14,480,410

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 2026639,187106.413.05$34,686
Apr 2026428,87498.932.87$29,621
Mar 2026489,16789.753.15$33,179
Feb 2026378,41563.503.75$33,908
Jan 2026689,31759.138.00$78,537
Dec 2025469,40656.664.41$44,118
Nov 2025419,11158.593.93$38,176
Oct 2025419,47559.383.30$33,748
Sep 2025439,38762.743.08$31,581
Aug 2025289,67363.933.01$30,952
Jul 2025519,86166.743.32$36,095
Jun 2025309,58466.483.13$31,980
May 20254410,05460.553.23$35,162
Apr 2025549,06862.363.54$35,496
Mar 2025509,75867.704.27$45,035
Feb 2025529,19670.884.34$43,604
Jan 20257710,23674.324.28$49,519
Dec 20247010,34168.993.12$37,107
Nov 20245610,14769.052.20$26,174
Oct 20247610,30971.372.28$28,943
Sep 20244210,22169.612.36$27,090
Aug 20243410,63675.632.06$24,520
Jul 20243110,66079.932.15$25,360
Jun 20243510,10278.082.63$29,341
May 20246210,57278.812.20$28,128
Apr 20248010,77784.451.66$24,637
Mar 20244810,66080.301.55$20,325
Feb 2024639,72476.091.78$22,138
Jan 20244311,20273.023.30$40,080
Dec 2023011,72471.262.61$30,608
Nov 2023011,78577.892.81$33,087
Oct 2023011,52185.443.09$35,569
Sep 2023011,25489.042.74$30,780
Aug 2023012,08180.522.67$32,291
Jul 2023012,20774.852.64$32,248
Jun 2023012,09668.962.26$27,319
May 2023012,76970.622.23$28,442
Apr 2023312,38878.122.24$27,956
Mar 20232012,67772.852.39$31,795
Feb 20233311,52075.112.47$30,883
Jan 2023012,79476.533.39$43,342
Dec 2022013,03476.415.73$74,673
Nov 2022012,82485.005.65$72,407
Oct 2022013,33587.185.86$78,193
Sep 2022113,08184.888.16$106,874
Aug 2022313,56694.529.13$124,103
Jul 20221513,567101.587.54$103,847
Jun 2022013,561115.097.98$108,179
May 2022015,202109.378.43$128,199
Apr 2022014,855104.226.84$101,573
Mar 2022015,608108.885.08$79,232
Feb 2022014,64591.054.86$71,158
Jan 2022016,63781.844.54$75,493
Dec 2021017,39971.323.90$67,841
Nov 2021017,70077.435.24$92,692
Oct 2021021,26079.795.71$121,477
Sep 202106,71069.865.35$35,905
Aug 2021111,29466.024.22$47,733
Jul 2021914,29870.783.98$57,573
Jun 20213614,64869.493.38$52,021
May 2021116,02263.483.02$48,413
Apr 20211017,16860.362.76$47,960
Mar 20213418,53561.302.72$52,443
Feb 2021722,42657.805.55$124,823
Jan 20213732,98950.412.81$94,573
Dec 2020405,41844.642.68$16,281
Nov 20207135,74338.772.71$99,494
Oct 202011037,06436.972.48$95,927
Sep 20202836,48637.091.99$73,684
Aug 20202937,94639.982.39$91,664
Jul 20205138,38838.371.83$72,020
Jun 202013638,90434.901.69$70,506
May 2020040,18516.921.81$72,926
Apr 20208139,18414.751.80$71,898
Mar 20207741,07230.341.86$78,575
Feb 20207939,23949.881.98$81,660
Jan 202010942,26857.252.09$94,781
Dec 20197841,44359.012.30$100,102
Nov 201910842,67355.302.75$123,353
Oct 201910244,10453.472.42$112,121
Sep 20196242,53755.052.66$116,446
Aug 20199145,77753.112.30$110,320
Jul 20195845,41556.272.46$114,987
Jun 201911346,76052.782.49$122,453
May 201911948,76658.482.74$140,594
Apr 201911146,73562.632.75$135,506
Mar 201913450,62256.803.06$162,621
Feb 201914245,86550.852.79$135,286
Jan 201918352,91046.033.23$179,226
Dec 201813254,28746.594.19$233,365
Nov 2018553,42452.934.24$226,635
Oct 2018156,57261.443.40$192,298
Sep 2018555,89859.543.11$174,029
Aug 2018059,76359.403.07$183,267
Jul 2018061,51465.142.93$180,352
Jun 2018060,85560.183.08$187,246
May 2018363,88665.382.90$185,517
Apr 20181463,92663.842.90$186,330
Mar 20182468,54161.222.79$192,482
Feb 201810865,22061.782.77$187,079
Jan 201813873,32462.874.01$302,655
Dec 201718971,67457.272.92$220,221
Nov 201720669,07655.423.12$226,820
Oct 201718072,41449.292.98$224,932
Sep 201718671,85547.523.09$230,675
Aug 201720278,08345.373.00$243,757
Jul 201723181,96643.873.09$263,186
Jun 201719784,31942.493.09$268,687
May 201721994,96245.373.26$319,835
Apr 201731985,19947.933.21$288,915
Mar 201728284,12946.772.98$264,203
Feb 201733779,08350.452.95$250,502
Jan 201731791,68849.413.42$329,126
Dec 201638296,44548.763.72$377,675
Nov 201635799,79842.492.64$279,070
Oct 2016313108,37646.193.09$349,367
Sep 2016401113,46141.553.10$368,462
Aug 2016375125,83941.442.92$383,536
Jul 2016490134,96841.622.92$415,086
Jun 2016490140,34745.352.69$399,170
May 2016512154,86642.521.99$330,115
Apr 201623292,39236.561.99$192,438
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            63 bbl  × $106.41 =     $6,704
Gas                9,187 Mcf  × $  3.05 =    $27,982

────────────────────────────────────────────────────
Month total                                  $34,686

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/279087 is the state's own key, not one this site invented.