MORGENSTERN-FASKEN STATE GU

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 292677District 01Field 39744500Hydrogen sulphide fieldGasSaveExport
Value, all time
$34.1 M
Mar 2022 – May 2026
Value, last 12 filed months
$2.5 M
at the published price for each month
Months reported
51
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
GasProduction7,309,083 Mcf$34,064,442
Total$34,064,442

Every month this lease reported (51)

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

51 months

May 202653,584106.413.05$163,208
Apr 202653,82298.932.87$154,454
Mar 202657,04389.753.15$179,654
Feb 202653,99763.503.75$202,506
Jan 202663,13759.138.00$504,965
Dec 202556,34056.664.41$248,649
Nov 202567,54258.593.93$265,200
Oct 202573,39259.383.30$242,549
Sep 202571,26862.743.08$219,286
Aug 202557,75863.933.01$174,127
Jul 202517,00766.743.32$56,382
Jun 202541,87666.483.13$131,018
May 202549,17260.553.23$158,940
Apr 202544,31662.363.54$157,017
Mar 202551,86867.704.27$221,389
Feb 202564,92670.884.34$281,833
Jan 202569,73474.324.28$298,369
Dec 202487,89368.993.12$274,347
Nov 202484,50369.052.20$185,775
Oct 202496,46971.372.28$220,084
Sep 202495,01669.612.36$224,652
Aug 2024103,24275.632.06$213,053
Jul 2024108,77179.932.15$233,487
Jun 2024115,96978.082.63$305,460
May 202493,94778.812.20$206,537
Apr 202443,07984.451.66$71,477
Mar 2024124,74080.301.55$192,740
Feb 2024113,73076.091.78$202,853
Jan 2024121,58173.023.30$400,933
Dec 2023129,47571.262.61$338,023
Nov 2023132,82577.892.81$372,914
Oct 2023144,49985.443.09$446,109
Sep 2023149,77089.042.74$409,627
Aug 2023164,20880.522.67$438,908
Jul 2023174,48974.852.64$460,965
Jun 2023180,05968.962.26$406,660
May 2023200,99670.622.23$447,698
Apr 2023204,97478.122.24$458,683
Mar 2023217,16272.852.39$519,703
Feb 2023205,03875.112.47$505,558
Jan 2023238,80776.533.39$809,011
Dec 2022252,50676.415.73$1,446,627
Nov 2022258,92285.005.65$1,461,925
Oct 2022283,40587.185.86$1,661,819
Sep 2022291,88284.888.16$2,382,831
Aug 2022320,41494.529.13$2,924,470
Jul 2022343,068101.587.54$2,587,446
Jun 2022362,659115.097.98$2,893,003
May 2022400,738109.378.43$3,379,440
Apr 2022394,742104.226.84$2,699,088
Mar 2022122,723108.885.08$622,991

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               53,584 Mcf  × $  3.05 =   $163,208

────────────────────────────────────────────────────
Month total                                 $163,208

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/292677 is the state's own key, not one this site invented.