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 279102District 01Field 39744500Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$13.3 M
Dec 2014 – May 2026
Value, last 12 filed months
$454 k
at the published price for each month
Months reported
138
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
CondensateDisposition13,073 bbl$747,613
GasProduction4,004,502 Mcf$12,515,824
Total$13,263,438

Every month this lease reported (138)

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

138 months

May 2026618,774106.413.05$33,215
Apr 2026438,22498.932.87$27,855
Mar 2026508,51589.753.15$31,305
Feb 2026438,81363.503.75$35,782
Jan 2026619,98159.138.00$83,434
Dec 2025439,75256.664.41$45,475
Nov 2025379,54158.593.93$39,630
Oct 2025429,66759.383.30$34,442
Sep 20254011,80762.743.08$38,839
Aug 2025277,74263.933.01$25,066
Jul 2025577,27366.743.32$27,916
Jun 2025309,12966.483.13$30,556
May 20253810,05160.553.23$34,789
Apr 20255310,17062.363.54$39,339
Mar 20255611,49567.704.27$52,856
Feb 20254610,86170.884.34$50,406
Jan 20255010,78874.324.28$49,874
Dec 20247612,74368.993.12$45,019
Nov 20245013,56369.052.20$33,270
Oct 2024309,69371.372.28$24,255
Sep 2024507,44669.612.36$21,086
Aug 20245712,26075.632.06$29,611
Jul 20243912,10879.932.15$29,108
Jun 20244311,75078.082.63$34,307
May 20246311,85378.812.20$31,023
Apr 20246913,03484.451.66$27,453
Mar 20246313,34780.301.55$25,682
Feb 20246312,80376.091.78$27,630
Jan 20241210,21273.023.30$34,552
Dec 2023012,18571.262.61$31,812
Nov 2023011,77677.892.81$33,062
Oct 2023013,28485.443.09$41,011
Sep 2023014,54989.042.74$39,792
Aug 2023014,84880.522.67$39,687
Jul 2023015,02074.852.64$39,680
Jun 2023014,80968.962.26$33,446
May 2023014,81470.622.23$32,997
Apr 2023915,89678.122.24$36,275
Mar 20232313,07572.852.39$32,966
Feb 202312213,57675.112.47$42,637
Jan 202314616,57076.533.39$67,308
Dec 202220614,87176.415.73$100,938
Nov 202210415,99885.005.65$99,168
Oct 202212616,94287.185.86$110,329
Sep 202210219,02484.888.16$163,964
Aug 2022619,08394.529.13$88,668
Jul 202213916,416101.587.54$137,930
Jun 20224016,039115.097.98$132,550
May 20221916,701109.378.43$142,918
Apr 20224318,718104.226.84$132,468
Mar 20228721,037108.885.08$116,265
Feb 20225219,30791.054.86$98,544
Jan 20228621,52381.844.54$104,703
Dec 20215921,90971.323.90$89,634
Nov 20217221,37677.435.24$117,518
Oct 20219122,42279.795.71$135,377
Sep 20215822,16769.865.35$122,666
Aug 20217922,74466.024.22$101,209
Jul 20217222,87870.783.98$96,198
Jun 20214622,69969.493.38$79,933
May 20216323,50763.483.02$74,936
Apr 20217122,89760.362.76$67,445
Mar 20214223,61261.302.72$66,727
Feb 20216121,45557.805.55$122,557
Jan 20218125,70450.412.81$76,318
Dec 20205419,42644.642.68$54,384
Nov 20206425,66038.772.71$71,932
Oct 20207926,56736.972.48$68,765
Sep 20202025,68937.091.99$51,890
Aug 20202727,38139.982.39$66,386
Jul 20205229,06338.371.83$55,039
Jun 202013730,31334.901.69$56,020
May 2020031,07816.921.81$56,399
Apr 20208430,26014.751.80$55,840
Mar 20207731,61130.341.86$61,013
Feb 20207729,91649.881.98$63,094
Jan 202010132,66057.252.09$74,196
Dec 20197833,12859.012.30$80,942
Nov 201910132,85155.302.75$95,949
Oct 201910435,50953.472.42$91,441
Sep 20196633,06055.052.66$91,483
Aug 20199436,54753.112.30$89,210
Jul 20195835,23256.272.46$89,936
Jun 201911636,96852.782.49$98,217
May 201911537,33358.482.74$109,030
Apr 201911836,00862.632.75$106,438
Mar 201914338,08456.803.06$124,739
Feb 201914435,58450.852.79$106,681
Jan 201921640,35646.033.23$140,219
Dec 201820242,11946.594.19$185,698
Nov 201820041,91852.934.24$188,203
Oct 201818444,70361.443.40$163,209
Sep 201819444,71559.543.11$150,525
Aug 201816448,31659.403.07$157,906
Jul 201818249,44565.142.93$156,822
Jun 201819549,06460.183.08$162,701
May 201818251,72765.382.90$161,949
Apr 201824052,12663.842.90$166,529
Mar 201818756,12161.222.79$167,848
Feb 201820054,39661.782.77$162,822
Jan 201812360,71662.874.01$251,163
Dec 201716360,95857.272.92$187,425
Nov 201722954,82755.423.12$183,662
Oct 201721354,71349.292.98$173,745
Sep 201721155,34447.523.09$180,889
Aug 201721459,22145.373.00$187,633
Jul 201725261,47143.873.09$200,833
Jun 201721461,62642.493.09$199,350
May 201720465,81545.373.26$224,036
Apr 201725066,57647.933.21$225,798
Mar 201721672,04246.772.98$225,053
Feb 201724768,11450.452.95$213,575
Jan 201724179,35949.413.42$283,220
Dec 201632683,61348.763.72$327,173
Nov 201633485,61542.492.64$240,588
Oct 201630293,17746.193.09$301,891
Sep 201635496,14441.553.10$312,816
Aug 2016282107,86841.442.92$327,129
Jul 2016209115,66041.622.92$346,928
Jun 2016238115,78145.352.69$321,761
May 2016255128,07642.521.99$265,847
Apr 2016189100,02636.561.99$206,066
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

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            61 bbl  × $106.41 =     $6,491
Gas                8,774 Mcf  × $  3.05 =    $26,724

────────────────────────────────────────────────────
Month total                                  $33,215

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/279102 is the state's own key, not one this site invented.