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 287870District 01Field 39744500GasSave
Value, all time
$41.3 M
Jun 2019 – May 2026
Value, last 12 filed months
$2.8 M
at the published price for each month
Months reported
84
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
GasProduction9,704,302 Mcf$41,341,319
Total$41,341,319

Every month this lease reported (84)

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

84 months

May 202653,307106.413.05$162,365
Apr 202655,48398.932.87$159,221
Mar 202658,55489.753.15$184,412
Feb 202655,99063.503.75$209,980
Jan 202665,74859.138.00$525,847
Dec 202551,74156.664.41$228,352
Nov 202561,97258.593.93$243,329
Oct 202565,06959.383.30$215,043
Sep 202560,19762.743.08$185,221
Aug 202566,01563.933.01$199,019
Jul 202569,26066.743.32$229,611
Jun 202568,94366.483.13$215,703
May 202574,14460.553.23$239,657
Apr 202577,19662.363.54$273,515
Mar 202563,23467.704.27$269,903
Feb 202574,10570.884.34$321,678
Jan 202579,99074.324.28$342,252
Dec 202482,29868.993.12$256,883
Nov 202479,30169.052.20$174,338
Oct 202483,51971.372.28$190,540
Sep 202483,54169.612.36$197,521
Aug 202486,85475.632.06$179,235
Jul 202494,23779.932.15$202,288
Jun 202493,91778.082.63$247,376
May 202413,35478.812.20$29,358
Apr 202435,20584.451.66$58,412
Mar 202495,61380.301.55$147,735
Feb 202495,48876.091.78$170,316
Jan 2024103,68473.023.30$341,915
Dec 2023109,69771.262.61$286,388
Nov 2023107,98877.892.81$303,183
Oct 2023116,82685.443.09$360,675
Sep 2023116,79789.042.74$319,444
Aug 2023127,51780.522.67$340,838
Jul 2023131,75974.852.64$348,081
Jun 2023131,13768.962.26$296,170
May 2023140,58470.622.23$313,137
Apr 2023140,42978.122.24$314,246
Mar 2023152,27772.852.39$364,423
Feb 2023143,15675.112.47$352,977
Jan 2023163,66776.533.39$554,458
Dec 2022167,91076.415.73$961,970
Nov 2022171,13385.005.65$966,251
Oct 2022180,86887.185.86$1,060,567
Sep 2022180,60884.888.16$1,474,426
Aug 2022193,99894.529.13$1,770,651
Jul 2022202,217101.587.54$1,525,137
Jun 2022204,106115.097.98$1,628,194
May 2022220,387109.378.43$1,858,532
Apr 2022222,917104.226.84$1,524,217
Mar 2022239,262108.885.08$1,214,590
Feb 2022224,06591.054.86$1,088,696
Jan 2022259,58381.844.54$1,177,905
Dec 2021272,41871.323.90$1,062,190
Nov 2021275,13377.435.24$1,440,830
Oct 2021299,98079.795.71$1,714,047
Sep 2021261,13469.865.35$1,397,307
Aug 2021296,05866.024.22$1,249,539
Jul 2021345,27770.783.98$1,374,921
Jun 2021352,34269.493.38$1,191,134
May 2021384,10263.483.02$1,159,093
Apr 2021391,21260.362.76$1,079,127
Mar 2021417,49761.302.72$1,134,314
Feb 2021312,30257.805.55$1,732,636
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

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               53,307 Mcf  × $  3.05 =   $162,365

────────────────────────────────────────────────────
Month total                                 $162,365

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/287870 is the state's own key, not one this site invented.