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 279297District 01Field 39744500Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$18.6 M
Feb 2015 – May 2026
Value, last 12 filed months
$965 k
at the published price for each month
Months reported
136
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
CondensateDisposition13,283 bbl$828,593
GasProduction5,551,066 Mcf$17,770,905
Total$18,599,498

Every month this lease reported (136)

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

136 months

May 20266320,179106.413.05$68,166
Apr 20266319,40598.932.87$61,920
Mar 20266620,13789.753.15$69,344
Feb 20265418,25763.503.75$71,899
Jan 20267520,52659.138.00$168,600
Dec 20256020,78856.664.41$95,145
Nov 20254719,74158.593.93$80,266
Oct 20255520,61259.383.30$71,385
Sep 20255220,50462.743.08$66,352
Aug 20254621,33763.933.01$67,267
Jul 20257921,24266.743.32$75,694
Jun 20254321,01166.483.13$68,596
May 20256521,93660.553.23$74,840
Apr 20256721,72462.363.54$81,149
Mar 20254122,57667.704.27$99,137
Feb 20254820,68570.884.34$93,193
Jan 20256723,05074.324.28$103,603
Dec 202410823,05568.993.12$79,414
Nov 20245422,66569.052.20$53,556
Oct 20247623,38071.372.28$58,763
Sep 20245522,69169.612.36$57,478
Aug 20248623,71275.632.06$55,437
Jul 20245724,37079.932.15$56,868
Jun 20244924,15578.082.63$67,450
May 20245824,79278.812.20$59,075
Apr 20244325,51884.451.66$45,971
Mar 20245325,35380.301.55$43,430
Feb 20244324,03976.091.78$46,149
Jan 202415025,71673.023.30$95,756
Dec 202320526,13971.262.61$82,850
Nov 202326726,20277.892.81$94,360
Oct 202314327,22685.443.09$96,272
Sep 202314726,36889.042.74$85,206
Aug 202315927,77180.522.67$87,031
Jul 202319627,99874.852.64$88,636
Jun 202314527,53268.962.26$72,180
May 20238129,02470.622.23$70,368
Apr 20235428,17178.122.24$67,258
Mar 20236728,79872.852.39$73,799
Feb 202315226,17575.112.47$75,956
Jan 202315029,25376.533.39$110,580
Dec 202214229,45476.415.73$179,595
Nov 202212028,93385.005.65$173,562
Oct 202221130,17387.185.86$195,322
Sep 202216129,46084.888.16$254,168
Aug 202213230,74894.529.13$293,119
Jul 202217730,973101.587.54$251,581
Jun 20226330,519115.097.98$250,707
May 20223431,494109.378.43$269,309
Apr 20226331,133104.226.84$219,441
Mar 20229732,105108.885.08$173,539
Feb 20225629,76091.054.86$149,698
Jan 20229232,77981.844.54$156,270
Dec 20215933,26671.323.90$133,916
Nov 20217532,66377.435.24$176,858
Oct 20219234,10779.795.71$202,224
Sep 20216033,25969.865.35$182,158
Aug 20217834,80766.024.22$152,056
Jul 20219234,97270.783.98$145,773
Jun 20214634,12669.493.38$118,564
May 20217036,99063.483.02$116,067
Apr 20216336,15760.362.76$103,539
Mar 20214337,06661.302.72$103,342
Feb 20216834,63957.805.55$196,106
Jan 20219338,66750.412.81$113,353
Dec 20206539,27744.642.68$107,986
Nov 20204038,41538.772.71$105,524
Oct 20204040,30636.972.48$101,374
Sep 20201039,56837.091.99$79,152
Aug 20201441,56839.982.39$99,704
Jul 20204141,96038.371.83$78,155
Jun 202013740,90134.901.69$73,917
May 2020043,14816.921.81$78,303
Apr 20208142,47814.751.80$77,841
Mar 20207744,79930.341.86$85,493
Feb 20207741,87649.881.98$86,783
Jan 202010244,70857.252.09$99,491
Dec 20197945,85559.012.30$110,328
Nov 201910645,01955.302.75$129,696
Oct 201910947,61253.472.42$120,980
Sep 20199145,90555.052.66$126,992
Aug 201913449,35853.112.30$120,855
Jul 201911849,67056.272.46$128,831
Jun 201913148,63852.782.49$128,081
May 201911949,81858.482.74$143,476
Apr 201910348,59562.632.75$140,121
Mar 201915651,62756.803.06$166,948
Feb 201916449,76250.852.79$147,286
Jan 20198458,31746.033.23$192,124
Dec 20184046,23146.594.19$195,361
Nov 201814144,55152.934.24$196,236
Oct 201818857,41061.443.40$206,634
Sep 201815757,39759.543.11$187,738
Aug 201814761,09359.403.07$196,077
Jul 201816662,48865.142.93$194,021
Jun 201817661,60760.183.08$200,151
May 201816065,29065.382.90$199,854
Apr 201820265,40463.842.90$202,620
Mar 201816069,85461.222.79$204,467
Feb 201813766,44561.782.77$192,259
Jan 201815472,35962.874.01$299,792
Dec 201718671,02357.272.92$218,147
Nov 201720267,31755.423.12$221,113
Oct 201716670,86749.292.98$219,627
Sep 201715370,94547.523.09$226,298
Aug 201715075,91945.373.00$234,897
Jul 201717378,88443.873.09$251,127
Jun 201714378,73542.493.09$249,153
May 201713085,70245.373.26$285,578
Apr 201715786,89347.933.21$286,591
Mar 201712695,29046.772.98$290,208
Feb 201714592,16350.452.95$279,436
Jan 2017162107,78249.413.42$376,490
Dec 2016201102,76448.763.72$392,374
Nov 201619593,58842.492.64$255,765
Oct 2016172100,52946.193.09$318,605
Sep 2016202102,52341.553.10$326,279
Aug 2016176111,96141.442.92$334,705
Jul 2016213118,71941.622.92$356,040
Jun 2016207123,23445.352.69$340,373
May 2016213128,28542.521.99$264,477
Apr 2016129106,57136.561.99$216,903
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

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               20,179 Mcf  × $  3.05 =    $61,462

────────────────────────────────────────────────────
Month total                                  $68,166

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/279297 is the state's own key, not one this site invented.