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 39744500Hydrogen sulphide fieldGasSaveExport
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

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
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.