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 202014District 04Field 906066002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.2 M
Apr 2004 – May 2026
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
266
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 Gas112004-11-05159206
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
CondensateDisposition299 bbl$13,237
GasProduction206,008 Mcf$1,181,544
Total$1,194,781

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 28.0633, -99.4861. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.06327, -99.48606 · 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
7,510 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 7,510 ft.

Completions filed
Apr 2004
1 of 1 wells

1 well

42-4793861137,510 ftApr 2004

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 (266)

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

266 months

May 20260170106.413.05$518
Apr 2026013198.932.87$376
Mar 2026011189.753.15$350
Feb 2026018963.503.75$709
Jan 202606359.138.00$504
Dec 2025017656.664.41$777
Nov 20250058.593.93$0
Oct 202508859.383.30$291
Sep 20250062.743.08$0
Aug 202505863.933.01$175
Jul 2025011066.743.32$365
Jun 202509966.483.13$310
May 2025019560.553.23$630
Apr 2025020862.363.54$737
Mar 2025019267.704.27$820
Feb 2025010970.884.34$473
Jan 2025013774.324.28$586
Dec 2024010868.993.12$337
Nov 2024044469.052.20$976
Oct 2024052371.372.28$1,193
Sep 2024010669.612.36$251
Aug 2024017375.632.06$357
Jul 202404579.932.15$97
Jun 2024010878.082.63$284
May 2024011878.812.20$259
Apr 2024025284.451.66$418
Mar 20240080.301.55$0
Feb 2024036276.091.78$646
Jan 2024238273.023.30$1,406
Dec 2023034071.262.61$888
Nov 2023028277.892.81$792
Oct 2023030585.443.09$942
Sep 2023034589.042.74$944
Aug 2023034780.522.67$927
Jul 2023032974.852.64$869
Jun 2023033568.962.26$757
May 2023032170.622.23$715
Apr 2023037878.122.24$846
Mar 2023022572.852.39$538
Feb 2023010475.112.47$256
Jan 2023011776.533.39$396
Dec 2022026576.415.73$1,518
Nov 2022018485.005.65$1,039
Oct 2022015687.185.86$915
Sep 2022014684.888.16$1,192
Aug 2022016794.529.13$1,524
Jul 20220139101.587.54$1,048
Jun 20220105115.097.98$838
May 20220165109.378.43$1,391
Apr 20220178104.226.84$1,217
Mar 20220198108.885.08$1,005
Feb 2022019591.054.86$947
Jan 2022024181.844.54$1,094
Dec 2021025371.323.90$986
Nov 2021018077.435.24$943
Oct 2021029179.795.71$1,663
Sep 2021039169.865.35$2,092
Aug 2021032366.024.22$1,363
Jul 2021027670.783.98$1,099
Jun 2021030169.493.38$1,018
May 2021033563.483.02$1,011
Apr 2021027260.362.76$750
Mar 2021033761.302.72$916
Feb 2021029657.805.55$1,642
Jan 2021031350.412.81$880
Dec 2020028344.642.68$757
Nov 2020029738.772.71$804
Oct 2020029236.972.48$724
Sep 2020027037.091.99$538
Aug 2020024339.982.39$580
Jul 2020029538.371.83$538
Jun 2020023134.901.69$390
May 2020027816.921.81$505
Apr 2020025514.751.80$460
Mar 2020037930.341.86$704
Feb 2020025349.881.98$501
Jan 2020033057.252.09$691
Dec 2019039259.012.30$903
Nov 2019039855.302.75$1,095
Oct 2019036353.472.42$878
Sep 2019042955.052.66$1,140
Aug 2019035153.112.30$809
Jul 2019034656.272.46$851
Jun 2019035652.782.49$887
May 2019028558.482.74$781
Apr 2019029762.632.75$817
Mar 2019036856.803.06$1,127
Feb 2019033050.852.79$921
Jan 2019037546.033.23$1,211
Dec 2018039746.594.19$1,662
Nov 2018029652.934.24$1,254
Oct 2018044261.443.40$1,502
Sep 2018042059.543.11$1,305
Aug 2018038559.403.07$1,181
Jul 2018033565.142.93$982
Jun 2018034560.183.08$1,062
May 2018028165.382.90$815
Apr 2018031663.842.90$917
Mar 2018033661.222.79$936
Feb 2018032461.782.77$896
Jan 2018045862.874.01$1,836
Dec 2017055057.272.92$1,607
Nov 2017053355.423.12$1,662
Oct 2017053749.292.98$1,602
Sep 2017033647.523.09$1,037
Aug 2017032945.373.00$988
Jul 2017037843.873.09$1,167
Jun 2017038842.493.09$1,198
May 2017045545.373.26$1,485
Apr 2017053347.933.21$1,712
Mar 2017069346.772.98$2,068
Feb 2017057550.452.95$1,698
Jan 2017060449.413.42$2,065
Dec 2016057948.763.72$2,156
Nov 2016063342.492.64$1,674
Oct 2016042246.193.09$1,304
Sep 2016038141.553.10$1,181
Aug 2016047741.442.92$1,395
Jul 2016037841.622.92$1,105
Jun 2016038045.352.69$1,021
May 2016041142.521.99$818
Apr 2016041236.561.99$820
Mar 2016042433.011.79$761
Feb 2016037526.472.06$774
Jan 2016042927.352.36$1,014
Dec 2015047832.362.00$957
Nov 2015048738.792.17$1,055
Oct 2015052743.552.43$1,279
Sep 2015040142.992.76$1,106
Aug 2015041440.162.87$1,189
Jul 2015044848.152.95$1,319
Jun 2015036656.152.88$1,055
May 2015036555.212.96$1,079
Apr 2015036649.822.71$991
Mar 2015035642.892.93$1,045
Feb 2015033744.662.98$1,003
Jan 2015031843.433.10$986
Dec 2014032354.693.59$1,160
Nov 2014038570.464.25$1,637
Oct 2014037178.303.90$1,447
Sep 2014039586.164.05$1,598
Aug 2014032989.394.04$1,328
Jul 2014046196.564.18$1,927
Jun 2014040498.164.74$1,914
May 2014043594.734.73$2,056
Apr 2014043895.944.81$2,106
Mar 2014042495.895.06$2,144
Feb 2014035797.406.19$2,211
Jan 2014042890.404.86$2,080
Dec 2013040791.824.35$1,772
Nov 2013049588.853.74$1,850
Oct 2013043197.423.78$1,629
Sep 20130467104.113.72$1,736
Aug 20130510104.253.52$1,797
Jul 20130566102.523.72$2,104
Jun 2013052894.403.93$2,077
May 2013047894.834.15$1,983
Apr 2013050493.964.28$2,158
Mar 2013053693.623.91$2,097
Feb 2013045191.233.42$1,542
Jan 2013049791.603.42$1,700
Dec 2012056486.773.42$1,929
Nov 2012049986.953.62$1,809
Oct 2012048389.383.40$1,642
Sep 2012051894.672.92$1,512
Aug 2012048592.662.91$1,410
Jul 2012051985.133.02$1,568
Jun 2012051979.822.52$1,307
May 2012055791.612.49$1,386
Apr 20120538101.652.00$1,074
Mar 20120497105.052.22$1,104
Feb 20120491101.102.57$1,262
Jan 2012050698.092.73$1,383
Dec 2011053296.873.24$1,724
Nov 2011058195.723.31$1,924
Oct 2011060184.983.65$2,193
Sep 2011061783.623.99$2,459
Aug 2011064983.404.15$2,693
Jul 2011060294.144.52$2,719
Jun 2011056392.904.64$2,612
May 2011063198.134.40$2,779
Apr 20110699105.964.33$3,029
Mar 2011063296.364.06$2,564
Feb 2011048385.644.18$2,019
Jan 2011061986.504.59$2,840
Dec 2010060685.734.35$2,635
Nov 2010070880.843.80$2,687
Oct 2010071678.103.51$2,512
Sep 2010062872.633.98$2,499
Aug 2010065373.684.42$2,886
Jul 2010065272.554.74$3,088
Jun 2010064870.364.91$3,182
May 2010068671.124.24$2,905
Apr 2010067181.694.12$2,766
Mar 2010075978.394.39$3,331
Feb 2010069073.585.44$3,755
Jan 2010078674.365.96$4,688
Dec 2009075871.445.48$4,157
Nov 2009076674.593.75$2,874
Oct 2009077772.544.11$3,194
Sep 2009077865.543.06$2,384
Aug 2009070367.423.22$2,263
Jul 2009077461.133.46$2,682
Jun 2009080166.163.90$3,120
May 2009086354.743.93$3,388
Apr 2009088546.773.59$3,175
Mar 200901,08542.144.06$4,404
Feb 200901,04632.814.63$4,846
Jan 200901,19135.865.37$6,397
Dec 2008097137.105.98$5,804
Nov 2008095355.496.86$6,538
Oct 200801,02775.246.92$7,109
Sep 20080991101.767.88$7,806
Aug 20080975114.228.48$8,271
Jul 20080980131.0811.39$11,162
Jun 20080824131.3313.03$10,739
May 20080761123.1711.57$8,808
Apr 20080811110.3110.45$8,479
Mar 200801,080101.909.66$10,437
Feb 2008095192.538.77$8,341
Jan 200881,01490.388.21$9,044
Dec 200701,06188.337.30$7,747
Nov 2007095691.677.29$6,971
Oct 2007094382.856.92$6,527
Sep 2007090875.846.24$5,670
Aug 200701,19069.066.39$7,602
Jul 200701,17370.906.39$7,493
Jun 200701,03662.007.55$7,820
May 200701,21358.747.85$9,518
Apr 200701,17459.617.81$9,163
Mar 200701,23056.927.30$8,981
Feb 200701,12955.108.22$9,276
Jan 200701,22050.306.73$8,207
Dec 200601,23456.656.92$8,537
Nov 200601,22054.207.62$9,293
Oct 200601,36754.906.01$8,221
Sep 200601,43760.085.04$7,238
Aug 200601,49068.717.34$10,936
Jul 200601,53169.376.34$9,711
Jun 200601,51766.286.38$9,684
May 200601,70766.016.42$10,967
Apr 200601,59964.397.36$11,769
Mar 200601,78156.707.08$12,615
Feb 200601,58157.597.75$12,255
Jan 200601,91660.598.93$17,116
Dec 2005141,74454.9413.42$24,166
Nov 200502,00554.6910.59$21,230
Oct 200501,98858.3413.80$27,426
Sep 200502,22561.4512.08$26,876
Aug 200501,86661.519.80$18,281
Jul 200502,11655.697.84$16,597
Jun 200502,29352.337.38$16,925
May 2005222,79445.226.65$19,578
Apr 200502,98249.207.36$21,949
Mar 200502,96650.377.15$21,221
Feb 2005272,62045.226.31$17,758
Jan 2005173,25843.166.32$21,331
Dec 2004344,02039.866.75$28,495
Nov 2004393,90045.286.33$26,455
Oct 200404,42549.706.52$28,829
Sep 2004654,96543.245.28$29,045
Aug 200406,22342.375.55$34,542
Jul 2004718,41938.286.08$53,941
Jun 2004011,75736.106.43$75,633
May 200405,95837.486.49$38,695
Apr 20040034.475.86$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                  170 Mcf  × $  3.05 =       $518

────────────────────────────────────────────────────
Month total                                     $518

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/202014 is the state's own key, not one this site invented.