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 39744500Hydrogen sulphide fieldGasSaveExport
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

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
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.