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 292780District 01Field 39744500Hydrogen sulphide fieldGasSaveExport
Value, all time
$34.2 M
Mar 2022 – May 2026
Value, last 12 filed months
$2.6 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
GasProduction7,311,435 Mcf$34,181,428
Total$34,181,428

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 202655,390106.413.05$168,709
Apr 202655,52498.932.87$159,338
Mar 202658,67989.753.15$184,806
Feb 202654,37063.503.75$203,905
Jan 202661,87659.138.00$494,879
Dec 202565,33556.664.41$288,347
Nov 202566,29458.593.93$260,299
Oct 202571,20159.383.30$235,308
Sep 202567,97862.743.08$209,163
Aug 202559,53363.933.01$179,478
Jul 202521,02466.743.32$69,699
Jun 202549,14566.483.13$153,761
May 202556,45460.553.23$182,477
Apr 202550,14162.363.54$177,656
Mar 202557,51267.704.27$245,480
Feb 202567,98070.884.34$295,090
Jan 202574,02774.324.28$316,738
Dec 202486,16268.993.12$268,943
Nov 202482,48369.052.20$181,334
Oct 202488,27471.372.28$201,388
Sep 202492,32769.612.36$218,294
Aug 202499,88875.632.06$206,132
Jul 2024104,60579.932.15$224,544
Jun 2024110,33378.082.63$290,615
May 202491,88678.812.20$202,006
Apr 202440,38884.451.66$67,012
Mar 2024115,28780.301.55$178,133
Feb 2024109,73976.091.78$195,735
Jan 2024123,78473.023.30$408,198
Dec 2023132,49271.262.61$345,900
Nov 2023135,44377.892.81$380,264
Oct 2023146,44285.443.09$452,107
Sep 2023152,60789.042.74$417,386
Aug 2023166,17480.522.67$444,163
Jul 2023173,98274.852.64$459,626
Jun 2023176,98368.962.26$399,713
May 2023192,56270.622.23$428,913
Apr 2023195,40778.122.24$437,274
Mar 2023217,30472.852.39$520,043
Feb 2023207,92375.112.47$512,672
Jan 2023242,04076.533.39$819,964
Dec 2022256,78076.415.73$1,471,113
Nov 2022264,27785.005.65$1,492,161
Oct 2022288,03487.185.86$1,688,962
Sep 2022301,91484.888.16$2,464,729
Aug 2022333,25294.529.13$3,041,644
Jul 2022344,061101.587.54$2,594,936
Jun 2022356,017115.097.98$2,840,019
May 2022390,407109.378.43$3,292,318
Apr 2022382,297104.226.84$2,613,994
Mar 2022117,418108.885.08$596,061

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               55,390 Mcf  × $  3.05 =   $168,709

────────────────────────────────────────────────────
Month total                                 $168,709

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/292780 is the state's own key, not one this site invented.