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 287873District 01Field 39744500GasSave
Value, all time
$38.3 M
Jul 2019 – May 2026
Value, last 12 filed months
$2.5 M
at the published price for each month
Months reported
83
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
GasProduction8,963,637 Mcf$38,296,546
Total$38,296,546

Every month this lease reported (83)

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

83 months

May 202649,140106.413.05$149,673
Apr 202649,33498.932.87$141,575
Mar 202651,79389.753.15$163,119
Feb 202649,20063.503.75$184,516
Jan 202654,78659.138.00$438,174
Dec 202546,35856.664.41$204,595
Nov 202556,02858.593.93$219,991
Oct 202558,82159.383.30$194,394
Sep 202553,33762.743.08$164,114
Aug 202560,98163.933.01$183,843
Jul 202563,25166.743.32$209,690
Jun 202563,13066.483.13$197,516
May 202566,66160.553.23$215,470
Apr 202572,72062.363.54$257,656
Mar 202535,25967.704.27$150,497
Feb 202557,39670.884.34$249,147
Jan 202564,02674.324.28$273,947
Dec 202470,94768.993.12$221,452
Nov 202470,16969.052.20$154,262
Oct 202476,33471.372.28$174,148
Sep 202472,81569.612.36$172,161
Aug 202474,67075.632.06$154,091
Jul 202481,75779.932.15$175,499
Jun 202489,36878.082.63$235,394
May 202410,21378.812.20$22,453
Apr 202430,27184.451.66$50,226
Mar 202483,76280.301.55$129,423
Feb 202482,51276.091.78$147,172
Jan 202490,28973.023.30$297,742
Dec 202393,49171.262.61$244,079
Nov 202393,69777.892.81$263,060
Oct 2023101,68685.443.09$313,933
Sep 2023102,11989.042.74$279,300
Aug 2023111,32480.522.67$297,556
Jul 2023116,19074.852.64$306,951
Jun 2023116,46068.962.26$263,023
May 2023124,83470.622.23$278,055
Apr 2023122,48078.122.24$274,081
Mar 2023131,84172.852.39$315,517
Feb 2023125,42775.112.47$309,263
Jan 2023146,85376.533.39$497,497
Dec 2022150,57476.415.73$862,650
Nov 2022151,60285.005.65$855,975
Oct 2022163,06587.185.86$956,174
Sep 2022164,50184.888.16$1,342,934
Aug 2022177,66494.529.13$1,621,568
Jul 2022185,956101.587.54$1,402,495
Jun 2022188,463115.097.98$1,503,407
May 2022204,162109.378.43$1,721,706
Apr 2022207,238104.226.84$1,417,011
Mar 2022224,022108.885.08$1,137,225
Feb 2022212,39891.054.86$1,032,008
Jan 2022248,41681.844.54$1,127,232
Dec 2021262,18971.323.90$1,022,306
Nov 2021266,96277.435.24$1,398,040
Oct 2021293,02779.795.71$1,674,318
Sep 2021247,84969.865.35$1,326,220
Aug 2021280,95666.024.22$1,185,800
Jul 2021337,68670.783.98$1,344,693
Jun 2021344,14769.493.38$1,163,430
May 2021377,33663.483.02$1,138,676
Apr 2021384,04260.362.76$1,059,349
Mar 2021410,98961.302.72$1,116,632
Feb 2021308,66357.805.55$1,712,447
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

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               49,140 Mcf  × $  3.05 =   $149,673

────────────────────────────────────────────────────
Month total                                 $149,673

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/287873 is the state's own key, not one this site invented.