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 292781District 01Field 39744500Hydrogen sulphide fieldGasSaveExport
Value, all time
$23.5 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
GasProduction4,938,245 Mcf$23,465,235
Total$23,465,235

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 202634,473106.413.05$104,999
Apr 202634,52198.932.87$99,066
Mar 202637,05389.753.15$116,696
Feb 202635,43563.503.75$132,893
Jan 202641,55959.138.00$332,386
Dec 202538,70756.664.41$170,828
Nov 202540,18958.593.93$157,800
Oct 202543,89259.383.30$145,056
Sep 202542,75762.743.08$131,560
Aug 202543,15463.933.01$130,099
Jul 202514,92666.743.32$49,483
Jun 202534,70266.483.13$108,573
May 202540,33660.553.23$130,379
Apr 202533,11862.363.54$117,341
Mar 202537,35767.704.27$159,452
Feb 202535,55970.884.34$154,356
Jan 202537,39374.324.28$159,993
Dec 202441,48268.993.12$129,481
Nov 202443,73969.052.20$96,158
Oct 202454,01871.372.28$123,237
Sep 202459,36069.612.36$140,348
Aug 202468,76375.632.06$141,901
Jul 202473,71579.932.15$158,236
Jun 202475,72878.082.63$199,466
May 202453,54878.812.20$117,722
Apr 202426,14684.451.66$43,381
Mar 202480,50780.301.55$124,394
Feb 202471,66576.091.78$127,825
Jan 202483,15973.023.30$274,230
Dec 202388,95471.262.61$232,234
Nov 202391,49177.892.81$256,866
Oct 202397,57885.443.09$301,251
Sep 202399,03589.042.74$270,865
Aug 2023109,03580.522.67$291,437
Jul 2023116,31574.852.64$307,281
Jun 2023120,89368.962.26$273,034
May 2023133,73170.622.23$297,872
Apr 2023137,83278.122.24$308,435
Mar 2023149,16272.852.39$356,969
Feb 2023144,24675.112.47$355,664
Jan 2023170,30876.533.39$576,956
Dec 2022182,19176.415.73$1,043,787
Nov 2022191,01985.005.65$1,078,531
Oct 2022210,56287.185.86$1,234,685
Sep 2022218,58484.888.16$1,784,450
Aug 2022239,42094.529.13$2,185,225
Jul 2022257,818101.587.54$1,944,484
Jun 2022259,116115.097.98$2,067,020
May 2022278,719109.378.43$2,350,448
Apr 2022239,742104.226.84$1,639,260
Mar 202245,533108.885.08$231,144

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               34,473 Mcf  × $  3.05 =   $104,999

────────────────────────────────────────────────────
Month total                                 $104,999

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/292781 is the state's own key, not one this site invented.