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 39744500Hydrogen sulphide fieldGasSaveExport
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

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
GasProduction8,963,637 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.