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 292683District 01Field 39744500Hydrogen sulphide fieldGasSaveExport
Value, all time
$31.9 M
Mar 2022 – May 2026
Value, last 12 filed months
$2.1 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
GasProduction6,749,173 Mcf$31,882,541
Total$31,882,541

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 202642,678106.413.05$129,990
Apr 202643,60898.932.87$125,143
Mar 202646,17889.753.15$145,435
Feb 202645,68963.503.75$171,348
Jan 202653,22159.138.00$425,657
Dec 202554,21956.664.41$239,288
Nov 202554,47358.593.93$213,885
Oct 202559,36959.383.30$196,205
Sep 202555,33062.743.08$170,246
Aug 202539,82263.933.01$120,054
Jul 202520,99166.743.32$69,589
Jun 202539,60466.483.13$123,910
May 202541,10360.553.23$132,858
Apr 202539,41862.363.54$139,663
Mar 202543,48967.704.27$185,625
Feb 202544,04570.884.34$191,192
Jan 202551,40474.324.28$219,941
Dec 202469,00668.993.12$215,393
Nov 202468,69969.052.20$151,031
Oct 202484,87671.372.28$193,636
Sep 202483,22969.612.36$196,783
Aug 202490,73475.632.06$187,241
Jul 202496,08279.932.15$206,249
Jun 2024105,28978.082.63$277,329
May 202489,68378.812.20$197,163
Apr 202437,65284.451.66$62,472
Mar 2024111,25180.301.55$171,897
Feb 2024103,11576.091.78$183,920
Jan 2024113,29573.023.30$373,608
Dec 2023122,83171.262.61$320,677
Nov 2023125,27077.892.81$351,703
Oct 2023136,89585.443.09$422,633
Sep 2023143,02889.042.74$391,187
Aug 2023156,84280.522.67$419,220
Jul 2023162,96574.852.64$430,521
Jun 2023167,40468.962.26$378,079
May 2023181,89370.622.23$405,148
Apr 2023184,69678.122.24$413,305
Mar 2023203,99772.852.39$488,197
Feb 2023195,15175.112.47$481,180
Jan 2023229,01476.533.39$775,835
Dec 2022243,50976.415.73$1,395,083
Nov 2022249,75785.005.65$1,410,178
Oct 2022278,08487.185.86$1,630,618
Sep 2022288,74984.888.16$2,357,254
Aug 2022318,13194.529.13$2,903,633
Jul 2022328,133101.587.54$2,474,805
Jun 2022341,101115.097.98$2,721,031
May 2022375,176109.378.43$3,163,874
Apr 2022368,664104.226.84$2,520,777
Mar 2022120,331108.885.08$610,848

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               42,678 Mcf  × $  3.05 =   $129,990

────────────────────────────────────────────────────
Month total                                 $129,990

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/292683 is the state's own key, not one this site invented.