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 287872District 01Field 39744500Hydrogen sulphide fieldGasSaveExport
Value, all time
$39.9 M
Jun 2019 – May 2026
Value, last 12 filed months
$2.5 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
GasProduction9,385,103 Mcf$39,866,521
Total$39,866,521

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 202655,952106.413.05$170,421
Apr 202651,71998.932.87$148,419
Mar 202656,62589.753.15$178,337
Feb 202648,92063.503.75$183,466
Jan 202658,29559.138.00$466,239
Dec 202548,26656.664.41$213,015
Nov 202556,59958.593.93$222,233
Oct 202557,43459.383.30$189,810
Sep 202554,45762.743.08$167,560
Aug 202562,05563.933.01$187,081
Jul 202564,01766.743.32$212,229
Jun 202563,34966.483.13$198,201
May 202567,32360.553.23$217,609
Apr 202570,77862.363.54$250,775
Mar 202542,30567.704.27$180,571
Feb 202571,57670.884.34$310,700
Jan 202577,12174.324.28$329,976
Dec 202479,25468.993.12$247,381
Nov 202478,41169.052.20$172,382
Oct 202482,10171.372.28$187,305
Sep 202483,23669.612.36$196,800
Aug 202484,71575.632.06$174,820
Jul 202489,85479.932.15$192,880
Jun 2024101,16978.082.63$266,477
May 202411,38678.812.20$25,031
Apr 202432,36284.451.66$53,695
Mar 202495,32980.301.55$147,296
Feb 202493,07276.091.78$166,007
Jan 2024102,82373.023.30$339,075
Dec 2023107,92671.262.61$281,765
Nov 2023109,37277.892.81$307,068
Oct 2023120,92685.443.09$373,332
Sep 2023114,31989.042.74$312,667
Aug 2023118,96780.522.67$317,985
Jul 2023119,18774.852.64$314,868
Jun 2023118,17468.962.26$266,894
May 2023126,05870.622.23$280,782
Apr 2023126,29178.122.24$282,609
Mar 2023136,19272.852.39$325,929
Feb 2023128,91975.112.47$317,873
Jan 2023149,23676.533.39$505,570
Dec 2022152,94076.415.73$876,206
Nov 2022155,05085.005.65$875,443
Oct 2022167,58187.185.86$982,655
Sep 2022169,07184.888.16$1,380,242
Aug 2022183,87494.529.13$1,678,247
Jul 2022192,160101.587.54$1,449,286
Jun 2022195,070115.097.98$1,556,112
May 2022211,601109.378.43$1,784,440
Apr 2022214,393104.226.84$1,465,934
Mar 2022231,825108.885.08$1,176,836
Feb 2022219,72591.054.86$1,067,609
Jan 2022255,83181.844.54$1,160,879
Dec 2021270,22971.323.90$1,053,655
Nov 2021274,19577.435.24$1,435,918
Oct 2021300,57779.795.71$1,717,458
Sep 2021248,68869.865.35$1,330,710
Aug 2021295,00966.024.22$1,245,112
Jul 2021345,10470.783.98$1,374,232
Jun 2021354,43869.493.38$1,198,220
May 2021389,37063.483.02$1,174,990
Apr 2021401,45060.362.76$1,107,368
Mar 2021430,36761.302.72$1,169,281
Feb 2021310,48557.805.55$1,722,555
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               55,952 Mcf  × $  3.05 =   $170,421

────────────────────────────────────────────────────
Month total                                 $170,421

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/287872 is the state's own key, not one this site invented.