VT JAMES

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 197023District 04Field 906066002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.6 M
Aug 2003 – May 2026
Value, last 12 filed months
$41 k
at the published price for each month
Months reported
274
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 Gas112004-02-17155316
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
CondensateDisposition554 bbl$24,407
GasProduction497,275 Mcf$2,609,799
Total$2,634,206

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 28.0764, -99.4777. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.07644, -99.47772 · 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
7,312 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 7,312 ft.

Completions filed
Aug 2003
1 of 1 wells

1 well

42-47938385207,312 ftAug 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 (274)

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

274 months

May 202601,048106.413.05$3,192
Apr 202601,00098.932.87$2,870
Mar 2026096589.753.15$3,039
Feb 2026093963.503.75$3,522
Jan 2026091659.138.00$7,326
Dec 2025093556.664.41$4,126
Nov 2025088358.593.93$3,467
Oct 2025086359.383.30$2,852
Sep 2025088462.743.08$2,720
Aug 2025091763.933.01$2,765
Jul 2025087266.743.32$2,891
Jun 2025081266.483.13$2,541
May 2025078760.553.23$2,544
Apr 2025086462.363.54$3,061
Mar 202501,09767.704.27$4,682
Feb 2025070970.884.34$3,078
Jan 2025089474.324.28$3,825
Dec 2024092668.993.12$2,890
Nov 2024082869.052.20$1,820
Oct 2024091171.372.28$2,078
Sep 2024080269.612.36$1,896
Aug 2024077875.632.06$1,606
Jul 2024076979.932.15$1,651
Jun 2024075378.082.63$1,983
May 2024082178.812.20$1,805
Apr 2024084984.451.66$1,409
Mar 2024085180.301.55$1,315
Feb 2024068376.091.78$1,218
Jan 2024279473.023.30$2,764
Dec 2023075171.262.61$1,961
Nov 2023067977.892.81$1,906
Oct 2023059185.443.09$1,825
Sep 2023057089.042.74$1,559
Aug 2023056580.522.67$1,510
Jul 2023056774.852.64$1,498
Jun 2023054568.962.26$1,231
May 2023060670.622.23$1,350
Apr 2023060178.122.24$1,345
Mar 2023064172.852.39$1,534
Feb 2023057175.112.47$1,408
Jan 2023066976.533.39$2,266
Dec 2022072076.415.73$4,125
Nov 2022061885.005.65$3,489
Oct 2022070787.185.86$4,146
Sep 2022075184.888.16$6,131
Aug 2022071294.529.13$6,499
Jul 20220672101.587.54$5,068
Jun 20220641115.097.98$5,113
May 20220852109.378.43$7,185
Apr 20220486104.226.84$3,323
Mar 20220746108.885.08$3,787
Feb 2022066291.054.86$3,217
Jan 2022071881.844.54$3,258
Dec 2021068971.323.90$2,686
Nov 2021078877.435.24$4,127
Oct 2021094679.795.71$5,405
Sep 2021098569.865.35$5,271
Aug 2021079766.024.22$3,364
Jul 2021077170.783.98$3,070
Jun 2021072169.493.38$2,437
May 2021085963.483.02$2,592
Apr 2021074660.362.76$2,058
Mar 2021091261.302.72$2,478
Feb 2021074157.805.55$4,111
Jan 2021073450.412.81$2,063
Dec 2020072144.642.68$1,929
Nov 2020084938.772.71$2,298
Oct 2020082736.972.48$2,050
Sep 2020077037.091.99$1,533
Aug 2020067139.982.39$1,600
Jul 2020081138.371.83$1,480
Jun 2020076734.901.69$1,296
May 2020071116.921.81$1,290
Apr 2020066014.751.80$1,191
Mar 2020096830.341.86$1,797
Feb 2020061249.881.98$1,212
Jan 2020068957.252.09$1,443
Dec 2019086059.012.30$1,982
Nov 2019079855.302.75$2,195
Oct 2019084953.472.42$2,053
Sep 2019094555.052.66$2,511
Aug 2019099353.112.30$2,288
Jul 2019095056.272.46$2,337
Jun 2019093352.782.49$2,324
May 2019099558.482.74$2,727
Apr 2019093162.632.75$2,561
Mar 2019096456.803.06$2,952
Feb 2019084750.852.79$2,365
Jan 201901,02446.033.23$3,306
Dec 201801,03346.594.19$4,324
Nov 2018093652.934.24$3,966
Oct 201801,13361.443.40$3,850
Sep 201801,04059.543.11$3,232
Aug 201801,18159.403.07$3,622
Jul 201801,01265.142.93$2,967
Jun 201801,00260.183.08$3,083
May 201801,05765.382.90$3,066
Apr 2018086863.842.90$2,518
Mar 2018092161.222.79$2,567
Feb 2018088461.782.77$2,445
Jan 201801,13462.874.01$4,547
Dec 201701,24157.272.92$3,626
Nov 201701,15855.423.12$3,611
Oct 201701,17049.292.98$3,491
Sep 201701,07747.523.09$3,325
Aug 201701,01545.373.00$3,049
Jul 201701,14343.873.09$3,529
Jun 201701,16542.493.09$3,597
May 201701,10645.373.26$3,609
Apr 201701,21847.933.21$3,912
Mar 201701,62346.772.98$4,843
Feb 201701,35250.452.95$3,992
Jan 201701,51149.413.42$5,166
Dec 201601,35448.763.72$5,041
Nov 201601,29742.492.64$3,430
Oct 201601,11146.193.09$3,433
Sep 2016095641.553.10$2,964
Aug 201601,18341.442.92$3,459
Jul 201601,09341.622.92$3,196
Jun 201601,01945.352.69$2,737
May 201601,24442.521.99$2,477
Apr 2016093636.561.99$1,864
Mar 2016078133.011.79$1,401
Feb 2016090326.472.06$1,863
Jan 201601,17527.352.36$2,778
Dec 201501,15932.362.00$2,320
Nov 201501,12738.792.17$2,443
Oct 201501,20143.552.43$2,914
Sep 201501,18642.992.76$3,271
Aug 201501,22940.162.87$3,530
Jul 201501,26148.152.95$3,714
Jun 201501,25656.152.88$3,621
May 201501,13455.212.96$3,351
Apr 2015098949.822.71$2,677
Mar 201501,04942.892.93$3,079
Feb 201501,06644.662.98$3,173
Jan 201501,08643.433.10$3,367
Dec 201401,13054.693.59$4,058
Nov 201401,09170.464.25$4,639
Oct 201401,24078.303.90$4,837
Sep 201401,20286.164.05$4,863
Aug 201401,13689.394.04$4,584
Jul 201401,22696.564.18$5,124
Jun 201401,17098.164.74$5,542
May 201401,23694.734.73$5,842
Apr 201401,33395.944.81$6,411
Mar 201401,37395.895.06$6,943
Feb 201401,03697.406.19$6,415
Jan 201401,13190.404.86$5,497
Dec 201301,31091.824.35$5,704
Nov 201301,43388.853.74$5,357
Oct 201301,33797.423.78$5,053
Sep 201301,522104.113.72$5,658
Aug 201301,637104.253.52$5,767
Jul 201301,686102.523.72$6,268
Jun 201301,66194.403.93$6,533
May 201301,69294.834.15$7,020
Apr 201301,69493.964.28$7,255
Mar 201301,79593.623.91$7,024
Feb 201301,44291.233.42$4,932
Jan 201301,79191.603.42$6,125
Dec 201201,49286.773.42$5,103
Nov 201201,44486.953.62$5,234
Oct 201201,48789.383.40$5,055
Sep 201201,29694.672.92$3,782
Aug 201201,49292.662.91$4,339
Jul 201201,47085.133.02$4,441
Jun 201201,37979.822.52$3,474
May 201201,44091.612.49$3,583
Apr 201201,461101.652.00$2,917
Mar 201201,422105.052.22$3,160
Feb 201201,370101.102.57$3,521
Jan 201201,52098.092.73$4,156
Dec 201101,67596.873.24$5,427
Nov 201101,62495.723.31$5,378
Oct 201101,72284.983.65$6,283
Sep 201101,70083.623.99$6,776
Aug 201101,83383.404.15$7,606
Jul 201101,76094.144.52$7,950
Jun 201101,76092.904.64$8,166
May 201101,86798.134.40$8,224
Apr 201101,834105.964.33$7,947
Mar 201101,86196.364.06$7,551
Feb 201101,67185.644.18$6,985
Jan 201101,88686.504.59$8,654
Dec 201001,74885.734.35$7,600
Nov 201001,79980.843.80$6,828
Oct 201001,96678.103.51$6,898
Sep 201001,93472.633.98$7,696
Aug 201001,81573.684.42$8,021
Jul 201001,94272.554.74$9,198
Jun 201001,97870.364.91$9,713
May 201002,05571.124.24$8,703
Apr 201002,03981.694.12$8,406
Mar 201002,02778.394.39$8,896
Feb 201001,82873.585.44$9,949
Jan 201002,11174.365.96$12,590
Dec 200902,07871.445.48$11,395
Nov 200902,09574.593.75$7,859
Oct 200902,13472.544.11$8,771
Sep 200902,15265.543.06$6,595
Aug 200902,07367.423.22$6,672
Jul 200902,25661.133.46$7,816
Jun 200902,08966.163.90$8,137
May 200902,21654.743.93$8,699
Apr 200902,11646.773.59$7,591
Mar 200902,18242.144.06$8,857
Feb 200901,97132.814.63$9,132
Jan 200902,41235.865.37$12,955
Dec 200801,78937.105.98$10,693
Nov 200802,14855.496.86$14,736
Oct 200802,20575.246.92$15,263
Sep 200802,011101.767.88$15,841
Aug 200802,228114.228.48$18,900
Jul 200802,308131.0811.39$26,287
Jun 200801,857131.3313.03$24,202
May 200801,708123.1711.57$19,769
Apr 200802,025110.3110.45$21,171
Mar 200802,647101.909.66$25,581
Feb 200802,21992.538.77$19,462
Jan 2008192,20890.388.21$19,835
Dec 200702,08888.337.30$15,247
Nov 200702,19091.677.29$15,969
Oct 200702,43982.856.92$16,883
Sep 200702,46775.846.24$15,404
Aug 200702,60069.066.39$16,609
Jul 200702,36970.906.39$15,133
Jun 200702,19362.007.55$16,554
May 200702,58758.747.85$20,298
Apr 200702,61959.617.81$20,442
Mar 200702,23456.927.30$16,313
Feb 2007112,23655.108.22$18,977
Jan 200702,36050.306.73$15,875
Dec 200602,60056.656.92$17,988
Nov 200602,52554.207.62$19,234
Oct 200602,77054.906.01$16,658
Sep 200602,83360.085.04$14,270
Aug 200602,90968.717.34$21,352
Jul 2006213,04769.376.34$20,783
Jun 200603,07366.286.38$19,618
May 200603,13366.016.42$20,130
Apr 200602,92364.397.36$21,515
Mar 200603,23356.707.08$22,899
Feb 200672,77357.597.75$21,897
Jan 200603,40660.598.93$30,427
Dec 2005183,02954.9413.42$41,624
Nov 200503,08254.6910.59$32,633
Oct 200503,40958.3413.80$47,030
Sep 200503,01761.4512.08$36,442
Aug 200553,14061.519.80$31,070
Jul 200503,50955.697.84$27,523
Jun 200503,35752.337.38$24,778
May 200503,84345.226.65$25,560
Apr 2005293,90049.207.36$30,133
Mar 200504,05850.377.15$29,035
Feb 2005813,63945.226.31$26,632
Jan 200534,11143.166.32$26,120
Dec 2004523,89839.866.75$28,388
Nov 2004203,76345.286.33$24,727
Oct 2004194,43049.706.52$29,806
Sep 2004974,48343.245.28$27,882
Aug 200404,78642.375.55$26,565
Jul 200405,13138.286.08$31,218
Jun 200405,62436.106.43$36,179
May 200405,91137.486.49$38,389
Apr 200406,20534.475.86$36,352
Mar 200407,13434.365.53$39,452
Feb 200407,50332.455.51$41,339
Jan 20041709,41132.036.30$64,731
Dec 200309,95130.266.30$62,708
Nov 2003012,91528.804.60$59,346
Oct 2003013,47728.174.76$64,146
Sep 2003016,41326.314.75$77,951
Aug 20030029.765.13$0

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                1,048 Mcf  × $  3.05 =     $3,192

────────────────────────────────────────────────────
Month total                                   $3,192

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/197023 is the state's own key, not one this site invented.