VT JAMES TRUST 1355

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

Gas lease lease 195404District 04Field 906066002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.3 M
May 2003 – May 2026
Value, last 12 filed months
$15 k
at the published price for each month
Months reported
277
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 290 leases and 291 wells, and the rule below applies to all of them.

Discovered
1970-12-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2001-01-09.

The Commission's schedule remark for this field reads: SUSPENSION OF THE ALLOCATION IS STILL IN EFFECT.

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
High Cost Gas112004-02-17155315
NGPA1none

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
CondensateDisposition120 bbl$4,967
GasProduction249,571 Mcf$1,291,949
Total$1,296,916

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 28.0715, -99.4745. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.07150, -99.47450 · 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
7,310 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 7,310 ft.

Completions filed
May 2003
1 of 1 wells

1 well

42-4793837027,310 ftMay 2003

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 (277)

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

277 months

May 20260367106.413.05$1,118
Apr 2026030898.932.87$884
Mar 2026031289.753.15$983
Feb 2026042963.503.75$1,609
Jan 2026026659.138.00$2,127
Dec 2025031756.664.41$1,399
Nov 2025037858.593.93$1,484
Oct 2025029259.383.30$965
Sep 2025028162.743.08$865
Aug 2025030663.933.01$923
Jul 2025033366.743.32$1,104
Jun 2025034566.483.13$1,079
May 2025039060.553.23$1,261
Apr 2025033962.363.54$1,201
Mar 2025038567.704.27$1,643
Feb 2025040670.884.34$1,762
Jan 2025027674.324.28$1,181
Dec 2024033268.993.12$1,036
Nov 2024017869.052.20$391
Oct 2024023071.372.28$525
Sep 2024026469.612.36$624
Aug 2024024175.632.06$497
Jul 2024027579.932.15$590
Jun 2024027378.082.63$719
May 2024028578.812.20$627
Apr 2024048284.451.66$800
Mar 20240080.301.55$0
Feb 2024025876.091.78$460
Jan 2024126873.023.30$957
Dec 2023026271.262.61$684
Nov 2023026477.892.81$741
Oct 2023025685.443.09$790
Sep 2023024489.042.74$667
Aug 2023027980.522.67$746
Jul 2023030574.852.64$806
Jun 2023027768.962.26$626
May 2023030070.622.23$668
Apr 2023024478.122.24$546
Mar 2023025672.852.39$613
Feb 2023026675.112.47$656
Jan 2023027476.533.39$928
Dec 2022031676.415.73$1,810
Nov 2022022085.005.65$1,242
Oct 2022018487.185.86$1,079
Sep 2022027084.888.16$2,204
Aug 2022034694.529.13$3,158
Jul 20220488101.587.54$3,681
Jun 20220524115.097.98$4,180
May 20220605109.378.43$5,102
Apr 20220502104.226.84$3,432
Mar 20220673108.885.08$3,416
Feb 2022049591.054.86$2,405
Jan 2022079681.844.54$3,612
Dec 2021060071.323.90$2,339
Nov 2021048577.435.24$2,540
Oct 2021052179.795.71$2,977
Sep 2021056369.865.35$3,013
Aug 2021045766.024.22$1,929
Jul 2021044370.783.98$1,764
Jun 2021050469.493.38$1,704
May 2021051463.483.02$1,551
Apr 2021046960.362.76$1,294
Mar 2021049761.302.72$1,350
Feb 2021043857.805.55$2,430
Jan 2021047950.412.81$1,346
Dec 2020046744.642.68$1,249
Nov 2020046538.772.71$1,259
Oct 2020047936.972.48$1,187
Sep 2020050737.091.99$1,009
Aug 2020046039.982.39$1,097
Jul 2020053438.371.83$975
Jun 2020040234.901.69$680
May 2020043716.921.81$793
Apr 2020039114.751.80$706
Mar 2020063230.341.86$1,173
Feb 2020043549.881.98$862
Jan 2020053757.252.09$1,125
Dec 2019061359.012.30$1,413
Nov 2019054355.302.75$1,494
Oct 2019053653.472.42$1,296
Sep 2019059755.052.66$1,586
Aug 2019059953.112.30$1,380
Jul 2019056756.272.46$1,395
Jun 2019053152.782.49$1,323
May 2019050858.482.74$1,392
Apr 2019048662.632.75$1,337
Mar 2019051156.803.06$1,565
Feb 2019044550.852.79$1,243
Jan 2019054046.033.23$1,743
Dec 2018057246.594.19$2,394
Nov 2018048452.934.24$2,051
Oct 2018044261.443.40$1,502
Sep 2018053159.543.11$1,650
Aug 2018064559.403.07$1,978
Jul 2018059165.142.93$1,733
Jun 2018055460.183.08$1,705
May 2018049165.382.90$1,424
Apr 2018049563.842.90$1,436
Mar 2018066961.222.79$1,864
Feb 2018061061.782.77$1,687
Jan 2018085662.874.01$3,432
Dec 2017075957.272.92$2,217
Nov 2017068055.423.12$2,120
Oct 2017097549.292.98$2,909
Sep 2017080747.523.09$2,491
Aug 2017083245.373.00$2,500
Jul 2017062243.873.09$1,920
Jun 2017062942.493.09$1,942
May 2017074445.373.26$2,428
Apr 2017075347.933.21$2,418
Mar 2017093946.772.98$2,802
Feb 2017072050.452.95$2,126
Jan 2017082149.413.42$2,807
Dec 2016074048.763.72$2,755
Nov 2016069442.492.64$1,835
Oct 2016050946.193.09$1,573
Sep 2016045641.553.10$1,414
Aug 2016053141.442.92$1,553
Jul 2016051941.622.92$1,518
Jun 2016055945.352.69$1,501
May 2016057942.521.99$1,153
Apr 2016053236.561.99$1,059
Mar 2016052033.011.79$933
Feb 2016056326.472.06$1,162
Jan 2016055327.352.36$1,307
Dec 2015059132.362.00$1,183
Nov 2015055638.792.17$1,205
Oct 2015060143.552.43$1,458
Sep 2015058242.992.76$1,605
Aug 2015057440.162.87$1,649
Jul 2015056648.152.95$1,667
Jun 2015052856.152.88$1,522
May 2015060255.212.96$1,779
Apr 2015049149.822.71$1,329
Mar 2015050942.892.93$1,494
Feb 2015051144.662.98$1,521
Jan 2015052543.433.10$1,628
Dec 2014053054.693.59$1,903
Nov 2014051470.464.25$2,185
Oct 2014055978.303.90$2,181
Sep 2014054386.164.05$2,197
Aug 2014042889.394.04$1,727
Jul 2014060996.564.18$2,545
Jun 2014051598.164.74$2,439
May 2014054494.734.73$2,571
Apr 2014060395.944.81$2,900
Mar 2014056095.895.06$2,832
Feb 2014044797.406.19$2,768
Jan 2014051190.404.86$2,484
Dec 2013051791.824.35$2,251
Nov 2013063688.853.74$2,378
Oct 2013061797.423.78$2,332
Sep 20130669104.113.72$2,487
Aug 20130882104.253.52$3,107
Jul 20130923102.523.72$3,431
Jun 2013081294.403.93$3,194
May 2013089094.834.15$3,693
Apr 2013084393.964.28$3,610
Mar 2013084893.623.91$3,318
Feb 2013078391.233.42$2,678
Jan 2013086691.603.42$2,962
Dec 2012091886.773.42$3,140
Nov 2012091686.953.62$3,320
Oct 2012087389.383.40$2,968
Sep 2012078894.672.92$2,300
Aug 2012088192.662.91$2,562
Jul 2012085685.133.02$2,586
Jun 2012078879.822.52$1,985
May 2012081291.612.49$2,021
Apr 20120768101.652.00$1,534
Mar 20120765105.052.22$1,700
Feb 20120798101.102.57$2,051
Jan 2012078998.092.73$2,157
Dec 2011082096.873.24$2,657
Nov 2011076595.723.31$2,533
Oct 2011076684.983.65$2,795
Sep 2011080483.623.99$3,205
Aug 2011081583.404.15$3,382
Jul 2011073894.144.52$3,334
Jun 2011080192.904.64$3,717
May 2011088098.134.40$3,876
Apr 20110756105.964.33$3,276
Mar 2011085696.364.06$3,473
Feb 2011068285.644.18$2,851
Jan 2011091386.504.59$4,190
Dec 2010091385.734.35$3,970
Nov 2010090680.843.80$3,439
Oct 2010091378.103.51$3,204
Sep 2010091372.633.98$3,633
Aug 2010096673.684.42$4,269
Jul 2010093572.554.74$4,429
Jun 2010095070.364.91$4,665
May 2010095471.124.24$4,040
Apr 2010092581.694.12$3,813
Mar 201001,00278.394.39$4,397
Feb 2010087973.585.44$4,784
Jan 2010099074.365.96$5,904
Dec 200901,03071.445.48$5,648
Nov 200901,04274.593.75$3,909
Oct 200901,09472.544.11$4,497
Sep 2009099765.543.06$3,056
Aug 2009098767.423.22$3,177
Jul 200901,04061.133.46$3,603
Jun 200901,05066.163.90$4,090
May 200901,05754.743.93$4,150
Apr 200901,16246.773.59$4,169
Mar 200901,05542.144.06$4,282
Feb 2009093232.814.63$4,318
Jan 200901,02735.865.37$5,516
Dec 2008093837.105.98$5,607
Nov 2008091855.496.86$6,298
Oct 2008095975.246.92$6,638
Sep 20080918101.767.88$7,231
Aug 20080991114.228.48$8,407
Jul 20080976131.0811.39$11,116
Jun 20080914131.3313.03$11,912
May 20080815123.1711.57$9,433
Apr 20080901110.3110.45$9,420
Mar 200801,055101.909.66$10,196
Feb 2008087992.538.77$7,709
Jan 200811,02090.388.21$8,460
Dec 200701,02388.337.30$7,470
Nov 200701,03191.677.29$7,518
Oct 200701,12982.856.92$7,815
Sep 200701,05875.846.24$6,606
Aug 200701,18969.066.39$7,595
Jul 200701,02270.906.39$6,528
Jun 200701,03662.007.55$7,820
May 200701,10358.747.85$8,654
Apr 200701,09459.617.81$8,539
Mar 200701,06956.927.30$7,806
Feb 2007096155.108.22$7,896
Jan 200701,08650.306.73$7,305
Dec 200601,09756.656.92$7,590
Nov 200601,09954.207.62$8,372
Oct 200601,18954.906.01$7,150
Sep 200601,25860.085.04$6,337
Aug 200601,25668.717.34$9,219
Jul 200601,35869.376.34$8,613
Jun 200601,29266.286.38$8,248
May 200601,31766.016.42$8,462
Apr 200601,35864.397.36$9,996
Mar 200601,39056.707.08$9,845
Feb 200601,25457.597.75$9,720
Jan 200601,50860.598.93$13,471
Dec 200561,36054.9413.42$18,575
Nov 200501,27654.6910.59$13,511
Oct 200501,53558.3413.80$21,176
Sep 200551,40761.4512.08$17,302
Aug 200501,54361.519.80$15,117
Jul 200501,60955.697.84$12,620
Jun 200501,58352.337.38$11,684
May 200501,76045.226.65$11,706
Apr 200501,78149.207.36$13,109
Mar 200501,83750.377.15$13,144
Feb 2005101,63845.226.31$10,791
Jan 2005111,81743.166.32$11,962
Dec 2004121,93939.866.75$13,569
Nov 200481,82745.286.33$11,928
Oct 200401,76749.706.52$11,512
Sep 2004131,95443.245.28$10,887
Aug 200401,91342.375.55$10,618
Jul 2004342,25438.286.08$15,015
Jun 200402,28336.106.43$14,687
May 200402,48337.486.49$16,126
Apr 200402,50334.475.86$14,664
Mar 200402,84434.365.53$15,728
Feb 200402,70632.455.51$14,909
Jan 200401,00532.036.30$6,331
Dec 200303,30030.266.30$20,795
Nov 200303,92128.804.60$18,018
Oct 2003193,60128.174.76$17,675
Sep 200303,98826.314.75$18,940
Aug 200305,46829.765.13$28,049
Jul 200307,62229.415.17$39,412
Jun 200308,47928.565.98$50,730
May 200304,92526.595.97$29,415

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             0 bbl  × $106.41 =         $0
Gas                  367 Mcf  × $  3.05 =     $1,118

────────────────────────────────────────────────────
Month total                                   $1,118

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. 04/G/195404 is the state's own key, not one this site invented.