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 279363District 01Field 39744500Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$18.6 M
Mar 2015 – May 2026
Value, last 12 filed months
$805 k
at the published price for each month
Months reported
135
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
CondensateDisposition17,731 bbl$1,017,234
GasProduction5,537,569 Mcf$17,584,321
Total$18,601,554

Every month this lease reported (135)

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

135 months

May 20266410,498106.413.05$38,785
Apr 20267116,95398.932.87$55,674
Mar 20267915,32789.753.15$55,362
Feb 20266315,45963.503.75$61,977
Jan 20269217,18859.138.00$142,908
Dec 20257216,92156.664.41$78,758
Nov 20255916,87358.593.93$69,708
Oct 20257716,04459.383.30$57,595
Sep 20256517,19862.743.08$56,995
Aug 20255116,92063.933.01$54,270
Jul 20259419,93466.743.32$72,359
Jun 20254418,49566.483.13$60,791
May 20255114,62160.553.23$50,348
Apr 20257419,22962.363.54$72,745
Mar 2025587,22267.704.27$34,752
Feb 20255215,02170.884.34$68,890
Jan 20254816,04374.324.28$72,210
Dec 202411325,48668.993.12$87,347
Nov 20245215,95269.052.20$38,660
Oct 20247825,11071.372.28$62,853
Sep 20247828,02169.612.36$71,681
Aug 20246714,57275.632.06$35,138
Jul 20245325,40979.932.15$58,779
Jun 20244325,46178.082.63$70,421
May 20245125,77878.812.20$60,691
Apr 20245119,59784.451.66$36,822
Mar 20246424,56680.301.55$43,097
Feb 20245921,91076.091.78$43,569
Jan 202416624,68673.023.30$93,527
Dec 202323125,19371.262.61$82,233
Nov 202325223,27577.892.81$84,974
Oct 202315725,62385.443.09$92,519
Sep 202312217,78489.042.74$59,503
Aug 202313324,65480.522.67$76,606
Jul 202320128,56274.852.64$90,500
Jun 202315428,01768.962.26$73,896
May 202316429,28370.622.23$76,807
Apr 202311329,24378.122.24$74,266
Mar 20237530,58972.852.39$78,668
Feb 20233229,39175.112.47$74,872
Jan 2023029,81476.533.39$101,001
Dec 2022028,97276.415.73$165,983
Nov 2022325,84285.005.65$146,164
Oct 20224818,10987.185.86$110,371
Sep 202211928,16284.888.16$240,006
Aug 202214633,04494.529.13$315,398
Jul 202228438,412101.587.54$318,555
Jun 20227718,694115.097.98$157,988
May 20223131,136109.378.43$265,962
Apr 20225428,468104.226.84$200,281
Mar 20226030,231108.885.08$159,997
Feb 20224828,90691.054.86$144,820
Jan 20226832,63381.844.54$153,643
Dec 20213634,68771.323.90$137,816
Nov 20215032,46977.435.24$173,907
Oct 20216933,97879.795.71$199,651
Sep 20214434,27569.865.35$186,477
Aug 20215636,09966.024.22$156,056
Jul 20216436,77670.783.98$150,975
Jun 20212336,38669.493.38$124,606
May 2021238,42963.483.02$116,093
Apr 20211837,99460.362.76$105,890
Mar 20217139,83461.302.72$112,579
Feb 20219135,91957.805.55$204,537
Jan 202113239,78350.412.81$118,455
Dec 20209440,25644.642.68$111,899
Nov 20207739,45338.772.71$109,768
Oct 20207941,56536.972.48$105,937
Sep 20202040,03537.091.99$80,453
Aug 20202842,47039.982.39$102,415
Jul 20205444,02638.371.83$82,425
Jun 202013743,27834.901.69$77,935
May 2020044,84116.921.81$81,375
Apr 20208244,42414.751.80$81,367
Mar 20207746,70730.341.86$89,035
Feb 20207844,91149.881.98$92,845
Jan 202010549,99257.252.09$110,731
Dec 20197844,14859.012.30$106,336
Nov 201910546,28155.302.75$133,112
Oct 201911249,49853.472.42$125,702
Sep 20198246,56455.052.66$128,248
Aug 20199349,89953.112.30$119,924
Jul 20199250,77756.272.46$130,091
Jun 201922150,39052.782.49$137,196
May 201912252,92958.482.74$152,177
Apr 201911349,02362.632.75$141,925
Mar 201915152,98656.803.06$170,825
Feb 201916049,37750.852.79$146,007
Jan 201926256,11746.033.23$193,216
Dec 201822757,74546.594.19$252,264
Nov 201823756,09852.934.24$250,245
Oct 201823359,87461.443.40$217,772
Sep 201821660,22659.543.11$200,043
Aug 201820063,26359.403.07$205,880
Jul 201821864,98765.142.93$204,735
Jun 201824363,76460.183.08$210,820
May 201823167,88165.382.90$212,012
Apr 201827468,03463.842.90$214,845
Mar 201822172,70061.222.79$216,133
Feb 201820868,73161.782.77$202,968
Jan 201821974,98262.874.01$314,395
Dec 201728671,42557.272.92$225,049
Nov 201729868,52755.423.12$230,207
Oct 201726372,41049.292.98$229,012
Sep 201725672,80347.523.09$236,928
Aug 201723776,53545.373.00$240,694
Jul 201727680,23943.873.09$259,828
Jun 201722680,40242.493.09$257,826
May 201720787,58845.373.26$295,226
Apr 201725888,63047.933.21$297,010
Mar 201721196,82946.772.98$298,775
Feb 201724493,99450.452.95$289,836
Jan 2017266110,87749.413.42$392,209
Dec 2016430100,29548.763.72$394,348
Nov 201642590,65342.492.64$257,777
Oct 201639397,03646.193.09$318,019
Sep 201647998,83541.553.10$326,353
Aug 2016452107,40041.442.92$332,805
Jul 2016577112,89041.622.92$354,143
Jun 2016542116,93545.352.69$338,647
May 2016621130,46342.521.99$286,162
Apr 2016418137,41136.561.99$288,873
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

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            64 bbl  × $106.41 =     $6,810
Gas               10,498 Mcf  × $  3.05 =    $31,975

────────────────────────────────────────────────────
Month total                                  $38,785

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/279363 is the state's own key, not one this site invented.