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 292758District 01Field 39744500Hydrogen sulphide fieldGasSaveExport
Value, all time
$24.1 M
Mar 2022 – May 2026
Value, last 12 filed months
$1.7 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
GasProduction5,107,249 Mcf$24,100,255
Total$24,100,255

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 202633,129106.413.05$100,906
Apr 202633,93698.932.87$97,387
Mar 202636,40089.753.15$114,640
Feb 202633,67163.503.75$126,277
Jan 202639,44159.138.00$315,446
Dec 202535,99356.664.41$158,850
Nov 202543,26058.593.93$169,858
Oct 202547,92459.383.30$158,381
Sep 202547,61262.743.08$146,498
Aug 202540,52663.933.01$122,176
Jul 202520,08366.743.32$66,579
Jun 202541,38466.483.13$129,479
May 202541,53160.553.23$134,241
Apr 202533,50962.363.54$118,726
Mar 202539,38067.704.27$168,086
Feb 202540,55470.884.34$176,038
Jan 202543,48774.324.28$186,067
Dec 202447,37368.993.12$147,869
Nov 202447,47069.052.20$104,360
Oct 202455,16271.372.28$125,847
Sep 202464,51169.612.36$152,527
Aug 202468,96075.632.06$142,308
Jul 202473,27579.932.15$157,291
Jun 202474,87678.082.63$197,222
May 202459,42778.812.20$130,647
Apr 202428,15884.451.66$46,720
Mar 202485,38480.301.55$131,929
Feb 202478,52176.091.78$140,053
Jan 202488,50273.023.30$291,850
Dec 202397,03071.262.61$253,318
Nov 202397,68177.892.81$274,245
Oct 2023106,97785.443.09$330,268
Sep 2023108,30789.042.74$296,224
Aug 2023112,99280.522.67$302,014
Jul 2023120,09974.852.64$317,278
Jun 2023123,37168.962.26$278,631
May 2023139,46270.622.23$310,638
Apr 2023143,84978.122.24$321,900
Mar 2023152,81072.852.39$365,699
Feb 2023146,98475.112.47$362,416
Jan 2023174,74776.533.39$591,994
Dec 2022184,69976.415.73$1,058,155
Nov 2022193,31385.005.65$1,091,484
Oct 2022211,94487.185.86$1,242,789
Sep 2022220,02184.888.16$1,796,181
Aug 2022243,69194.529.13$2,224,207
Jul 2022261,572101.587.54$1,972,797
Jun 2022264,937115.097.98$2,113,455
May 2022286,094109.378.43$2,412,642
Apr 2022248,189104.226.84$1,697,017
Mar 202245,041108.885.08$228,646

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               33,129 Mcf  × $  3.05 =   $100,906

────────────────────────────────────────────────────
Month total                                 $100,906

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/292758 is the state's own key, not one this site invented.