OWEN 1080-5

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 287868District 01Field 39744500GasSave
Value, all time
$38.0 M
May 2019 – May 2026
Value, last 12 filed months
$2.5 M
at the published price for each month
Months reported
85
no gaps in the span
Streams
1
gas

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
GasProduction8,908,709 Mcf$37,968,349
Total$37,968,349

Every month this lease reported (85)

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

85 months

May 202650,433106.413.05$153,611
Apr 202650,49098.932.87$144,892
Mar 202652,73489.753.15$166,083
Feb 202649,50963.503.75$185,675
Jan 202657,68359.138.00$461,344
Dec 202548,97156.664.41$216,127
Nov 202558,96158.593.93$231,507
Oct 202562,38359.383.30$206,166
Sep 202558,59062.743.08$180,277
Aug 202562,27563.933.01$187,744
Jul 202564,42766.743.32$213,588
Jun 202564,53166.483.13$201,899
May 202567,38560.553.23$217,810
Apr 202569,29462.363.54$245,517
Mar 202554,84067.704.27$234,075
Feb 202564,24270.884.34$278,864
Jan 202584,33774.324.28$360,851
Dec 202475,20968.993.12$234,755
Nov 202471,55769.052.20$157,314
Oct 202478,92771.372.28$180,064
Sep 202479,23669.612.36$187,342
Aug 202484,82375.632.06$175,043
Jul 202488,47479.932.15$189,917
Jun 202489,38078.082.63$235,425
May 202411,30378.812.20$24,849
Apr 202435,77184.451.66$59,351
Mar 202499,93580.301.55$154,413
Feb 202498,94476.091.78$176,480
Jan 2024103,78573.023.30$342,248
Dec 202391,82571.262.61$239,729
Nov 202399,27977.892.81$278,732
Oct 2023105,93985.443.09$327,063
Sep 2023104,58489.042.74$286,041
Aug 2023113,09980.522.67$302,300
Jul 2023117,68074.852.64$310,887
Jun 2023117,23368.962.26$264,768
May 2023125,71270.622.23$280,011
Apr 2023124,24278.122.24$278,024
Mar 2023133,89072.852.39$320,420
Feb 2023125,61475.112.47$309,724
Jan 2023143,88876.533.39$487,452
Dec 2022148,86976.415.73$852,882
Nov 2022150,71585.005.65$850,967
Oct 2022161,89787.185.86$949,325
Sep 2022163,24684.888.16$1,332,688
Aug 2022178,01294.529.13$1,624,744
Jul 2022184,974101.587.54$1,395,089
Jun 2022187,370115.097.98$1,494,688
May 2022202,431109.378.43$1,707,109
Apr 2022202,692104.226.84$1,385,927
Mar 2022219,013108.885.08$1,111,798
Feb 2022206,68791.054.86$1,004,259
Jan 2022238,69881.844.54$1,083,135
Dec 2021250,04571.323.90$974,955
Nov 2021253,03577.435.24$1,325,106
Oct 2021273,24879.795.71$1,561,304
Sep 2021243,53069.865.35$1,303,110
Aug 2021267,93066.024.22$1,130,823
Jul 2021307,71570.783.98$1,225,346
Jun 2021312,94569.493.38$1,057,948
May 2021341,47363.483.02$1,030,453
Apr 2021352,58960.362.76$972,589
Mar 2021384,95361.302.72$1,045,894
Feb 2021335,22857.805.55$1,859,828
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$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
Gas               50,433 Mcf  × $  3.05 =   $153,611

────────────────────────────────────────────────────
Month total                                 $153,611

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/287868 is the state's own key, not one this site invented.