APPLING

Operated by LEWIS PETRO PROPERTIES, INC. (P-5 499978) in the SUN T S H (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 294783District 01Field 872515002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.4 M
Jan 2023 – May 2026
Value, last 12 filed months
$925 k
at the published price for each month
Months reported
41
no gaps in the span
Streams
2
condensate, 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 326 leases and 350 wells, and the rule below applies to all of them.

Discovered
1983-04-30
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2013-01-15.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA OF 5% PER WELL 95% DEL. IF CAPACITY RESCINDED

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none
ST-1112024-04-01233608

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition26,647 bbl$1,997,219
GasProduction1,199,389 Mcf$3,360,272
Total$5,357,490

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 28.1642, -99.2860. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.16424, -99.28598 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
7,678 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 7,678 ft.

Completions filed
Jan 2023
1 of 1 wells

1 well

42-28337336201H7,678 ftJan 2023

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (41)

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

41 months

May 202617015,387106.413.05$64,956
Apr 202621614,27198.932.87$62,323
Mar 202617414,99289.753.15$62,833
Feb 202625513,72363.503.75$67,658
Jan 202618715,27559.138.00$133,226
Dec 202522018,06956.664.41$92,210
Nov 202525018,10858.593.93$85,747
Oct 202520016,24659.383.30$65,566
Sep 202517617,61762.743.08$65,248
Aug 202522519,45363.933.01$73,030
Jul 202524916,81066.743.32$72,347
Jun 202522620,72166.483.13$79,855
May 202524521,09760.553.23$83,027
Apr 202532622,20362.363.54$98,997
Mar 202533320,60367.704.27$110,484
Feb 202531318,07970.884.34$100,663
Jan 202539620,65174.324.28$117,790
Dec 202440721,34368.993.12$94,698
Nov 202431221,07369.052.20$67,871
Oct 202457422,71071.372.28$92,777
Sep 202431422,77569.612.36$75,706
Aug 202448724,64875.632.06$87,696
Jul 202452025,51979.932.15$96,342
Jun 202436125,78578.082.63$96,104
May 202450627,83378.812.20$101,067
Apr 202457227,96384.451.66$94,702
Mar 202464730,23080.301.55$98,663
Feb 202474929,42376.091.78$109,471
Jan 202476333,18373.023.30$165,141
Dec 202389635,11871.262.61$155,532
Nov 202384736,36377.892.81$168,064
Oct 20231,02140,00585.443.09$210,741
Sep 202399839,53289.042.74$196,984
Aug 20231,16945,02880.522.67$214,482
Jul 20231,16748,52674.852.64$215,546
Jun 20231,37350,49568.962.26$208,724
May 20231,65256,37470.622.23$242,232
Apr 20231,81359,53278.122.24$274,850
Mar 20232,22067,81772.852.39$324,024
Feb 20232,17065,60675.112.47$324,752
Jan 202394839,20376.533.39$205,359

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
Condensate           170 bbl  × $106.41 =    $18,090
Gas               15,387 Mcf  × $  3.05 =    $46,866

────────────────────────────────────────────────────
Month total                                  $64,956

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/294783 is the state's own key, not one this site invented.