VT JAMES

Name: VT JAMES lease production and value, Jul 2004 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 203079District 04Field 906066002 tax incentive programmesCondensateGasSave Export

Value, all time

$1.3 M

Jul 2004 – May 2026

Value, last 12 filed months

$45 k

at the published price for each month

Months reported

263

no gaps in the span

Streams

condensate, gas

The TOM WALSH (OLMOS) field

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2005-04-12	161084
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	249 bbl	$11,934
Gas	Production	254,058 Mcf	$1,265,181
Total			$1,277,115

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 28.0741, -99.4864. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.07414, -99.48635 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

7,410 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 7,410 ft.

Completions filed

Jul 2004

1 of 1 wells

1 well


42-47938710	23	7,410 ft	Jul 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 (263)

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

263 months


May 2026	0	947	106.41	3.05	$2,884
Apr 2026	0	914	98.93	2.87	$2,623
Mar 2026	0	933	89.75	3.15	$2,938
Feb 2026	0	887	63.50	3.75	$3,327
Jan 2026	0	983	59.13	8.00	$7,862
Dec 2025	0	1,201	56.66	4.41	$5,300
Nov 2025	0	1,093	58.59	3.93	$4,292
Oct 2025	0	442	59.38	3.30	$1,461
Sep 2025	0	1,088	62.74	3.08	$3,348
Aug 2025	0	1,157	63.93	3.01	$3,488
Jul 2025	0	1,124	66.74	3.32	$3,726
Jun 2025	0	1,060	66.48	3.13	$3,316
May 2025	0	410	60.55	3.23	$1,325
Apr 2025	0	1,134	62.36	3.54	$4,018
Mar 2025	0	995	67.70	4.27	$4,247
Feb 2025	0	851	70.88	4.34	$3,694
Jan 2025	0	888	74.32	4.28	$3,799
Dec 2024	0	963	68.99	3.12	$3,006
Nov 2024	0	998	69.05	2.20	$2,194
Oct 2024	0	948	71.37	2.28	$2,163
Sep 2024	0	841	69.61	2.36	$1,988
Aug 2024	0	854	75.63	2.06	$1,762
Jul 2024	0	661	79.93	2.15	$1,419
Jun 2024	0	705	78.08	2.63	$1,857
May 2024	0	748	78.81	2.20	$1,644
Apr 2024	0	675	84.45	1.66	$1,120
Mar 2024	0	409	80.30	1.55	$632
Feb 2024	0	359	76.09	1.78	$640
Jan 2024	1	747	73.02	3.30	$2,536
Dec 2023	0	756	71.26	2.61	$1,974
Nov 2023	0	737	77.89	2.81	$2,069
Oct 2023	0	728	85.44	3.09	$2,248
Sep 2023	0	519	89.04	2.74	$1,419
Aug 2023	0	490	80.52	2.67	$1,310
Jul 2023	0	499	74.85	2.64	$1,318
Jun 2023	0	488	68.96	2.26	$1,102
May 2023	0	504	70.62	2.23	$1,123
Apr 2023	0	492	78.12	2.24	$1,101
Mar 2023	0	207	72.85	2.39	$495
Feb 2023	0	248	75.11	2.47	$611
Jan 2023	0	386	76.53	3.39	$1,308
Dec 2022	0	407	76.41	5.73	$2,332
Nov 2022	0	402	85.00	5.65	$2,270
Oct 2022	0	452	87.18	5.86	$2,650
Sep 2022	0	554	84.88	8.16	$4,523
Aug 2022	0	400	94.52	9.13	$3,651
Jul 2022	0	639	101.58	7.54	$4,819
Jun 2022	0	564	115.09	7.98	$4,499
May 2022	0	785	109.37	8.43	$6,620
Apr 2022	0	665	104.22	6.84	$4,547
Mar 2022	0	616	108.88	5.08	$3,127
Feb 2022	0	472	91.05	4.86	$2,293
Jan 2022	0	563	81.84	4.54	$2,555
Dec 2021	0	632	71.32	3.90	$2,464
Nov 2021	0	428	77.43	5.24	$2,241
Oct 2021	0	561	79.79	5.71	$3,205
Sep 2021	0	506	69.86	5.35	$2,708
Aug 2021	0	962	66.02	4.22	$4,060
Jul 2021	0	917	70.78	3.98	$3,652
Jun 2021	0	847	69.49	3.38	$2,863
May 2021	0	625	63.48	3.02	$1,886
Apr 2021	0	490	60.36	2.76	$1,352
Mar 2021	0	536	61.30	2.72	$1,456
Feb 2021	0	432	57.80	5.55	$2,397
Jan 2021	0	507	50.41	2.81	$1,425
Dec 2020	0	491	44.64	2.68	$1,314
Nov 2020	0	524	38.77	2.71	$1,418
Oct 2020	0	646	36.97	2.48	$1,601
Sep 2020	0	591	37.09	1.99	$1,177
Aug 2020	0	634	39.98	2.39	$1,512
Jul 2020	0	714	38.37	1.83	$1,303
Jun 2020	0	592	34.90	1.69	$1,001
May 2020	0	634	16.92	1.81	$1,151
Apr 2020	0	528	14.75	1.80	$953
Mar 2020	0	731	30.34	1.86	$1,357
Feb 2020	0	492	49.88	1.98	$974
Jan 2020	0	559	57.25	2.09	$1,171
Dec 2019	0	696	59.01	2.30	$1,604
Nov 2019	0	687	55.30	2.75	$1,890
Oct 2019	0	2	53.47	2.42	$5
Sep 2019	0	1,363	55.05	2.66	$3,622
Aug 2019	0	940	53.11	2.30	$2,166
Jul 2019	0	729	56.27	2.46	$1,793
Jun 2019	0	738	52.78	2.49	$1,839
May 2019	0	771	58.48	2.74	$2,113
Apr 2019	0	840	62.63	2.75	$2,311
Mar 2019	0	1,016	56.80	3.06	$3,111
Feb 2019	0	592	50.85	2.79	$1,653
Jan 2019	0	642	46.03	3.23	$2,072
Dec 2018	0	706	46.59	4.19	$2,955
Nov 2018	0	699	52.93	4.24	$2,962
Oct 2018	0	769	61.44	3.40	$2,613
Sep 2018	0	715	59.54	3.11	$2,222
Aug 2018	0	808	59.40	3.07	$2,478
Jul 2018	0	786	65.14	2.93	$2,304
Jun 2018	0	776	60.18	3.08	$2,388
May 2018	0	732	65.38	2.90	$2,123
Apr 2018	0	526	63.84	2.90	$1,526
Mar 2018	0	581	61.22	2.79	$1,619
Feb 2018	0	534	61.78	2.77	$1,477
Jan 2018	0	671	62.87	4.01	$2,690
Dec 2017	0	793	57.27	2.92	$2,317
Nov 2017	0	689	55.42	3.12	$2,149
Oct 2017	0	849	49.29	2.98	$2,533
Sep 2017	0	735	47.52	3.09	$2,269
Aug 2017	0	640	45.37	3.00	$1,923
Jul 2017	0	814	43.87	3.09	$2,513
Jun 2017	0	763	42.49	3.09	$2,356
May 2017	0	797	45.37	3.26	$2,601
Apr 2017	0	777	47.93	3.21	$2,495
Mar 2017	0	927	46.77	2.98	$2,766
Feb 2017	0	893	50.45	2.95	$2,637
Jan 2017	0	1,047	49.41	3.42	$3,579
Dec 2016	0	809	48.76	3.72	$3,012
Nov 2016	0	1,024	42.49	2.64	$2,708
Oct 2016	0	885	46.19	3.09	$2,735
Sep 2016	0	756	41.55	3.10	$2,344
Aug 2016	0	705	41.44	2.92	$2,062
Jul 2016	0	557	41.62	2.92	$1,629
Jun 2016	0	530	45.35	2.69	$1,423
May 2016	0	568	42.52	1.99	$1,131
Apr 2016	0	579	36.56	1.99	$1,153
Mar 2016	0	484	33.01	1.79	$868
Feb 2016	0	583	26.47	2.06	$1,203
Jan 2016	0	834	27.35	2.36	$1,972
Dec 2015	0	849	32.36	2.00	$1,699
Nov 2015	0	869	38.79	2.17	$1,883
Oct 2015	0	925	43.55	2.43	$2,245
Sep 2015	0	928	42.99	2.76	$2,560
Aug 2015	0	1,127	40.16	2.87	$3,237
Jul 2015	0	967	48.15	2.95	$2,848
Jun 2015	0	947	56.15	2.88	$2,730
May 2015	0	775	55.21	2.96	$2,290
Apr 2015	0	691	49.82	2.71	$1,870
Mar 2015	0	735	42.89	2.93	$2,157
Feb 2015	0	658	44.66	2.98	$1,958
Jan 2015	0	672	43.43	3.10	$2,084
Dec 2014	0	666	54.69	3.59	$2,392
Nov 2014	0	673	70.46	4.25	$2,861
Oct 2014	0	786	78.30	3.90	$3,066
Sep 2014	0	726	86.16	4.05	$2,937
Aug 2014	0	616	89.39	4.04	$2,486
Jul 2014	0	696	96.56	4.18	$2,909
Jun 2014	0	628	98.16	4.74	$2,975
May 2014	0	651	94.73	4.73	$3,077
Apr 2014	0	768	95.94	4.81	$3,693
Mar 2014	0	688	95.89	5.06	$3,479
Feb 2014	0	516	97.40	6.19	$3,195
Jan 2014	0	590	90.40	4.86	$2,868
Dec 2013	0	643	91.82	4.35	$2,800
Nov 2013	0	763	88.85	3.74	$2,852
Oct 2013	0	719	97.42	3.78	$2,717
Sep 2013	0	797	104.11	3.72	$2,963
Aug 2013	0	824	104.25	3.52	$2,903
Jul 2013	0	837	102.52	3.72	$3,112
Jun 2013	0	873	94.40	3.93	$3,434
May 2013	0	843	94.83	4.15	$3,498
Apr 2013	0	814	93.96	4.28	$3,486
Mar 2013	0	813	93.62	3.91	$3,181
Feb 2013	0	747	91.23	3.42	$2,555
Jan 2013	0	783	91.60	3.42	$2,678
Dec 2012	0	764	86.77	3.42	$2,613
Nov 2012	0	758	86.95	3.62	$2,748
Oct 2012	0	747	89.38	3.40	$2,540
Sep 2012	0	694	94.67	2.92	$2,025
Aug 2012	0	720	92.66	2.91	$2,094
Jul 2012	0	753	85.13	3.02	$2,275
Jun 2012	0	767	79.82	2.52	$1,932
May 2012	0	773	91.61	2.49	$1,923
Apr 2012	0	714	101.65	2.00	$1,426
Mar 2012	0	943	105.05	2.22	$2,095
Feb 2012	0	861	101.10	2.57	$2,213
Jan 2012	0	928	98.09	2.73	$2,537
Dec 2011	0	957	96.87	3.24	$3,100
Nov 2011	0	1,020	95.72	3.31	$3,378
Oct 2011	0	1,046	84.98	3.65	$3,816
Sep 2011	0	1,054	83.62	3.99	$4,201
Aug 2011	0	1,073	83.40	4.15	$4,452
Jul 2011	0	1,025	94.14	4.52	$4,630
Jun 2011	0	1,036	92.90	4.64	$4,807
May 2011	0	1,081	98.13	4.40	$4,762
Apr 2011	0	1,043	105.96	4.33	$4,520
Mar 2011	0	1,027	96.36	4.06	$4,167
Feb 2011	0	858	85.64	4.18	$3,586
Jan 2011	0	1,013	86.50	4.59	$4,648
Dec 2010	0	897	85.73	4.35	$3,900
Nov 2010	0	872	80.84	3.80	$3,310
Oct 2010	0	1,021	78.10	3.51	$3,583
Sep 2010	0	988	72.63	3.98	$3,932
Aug 2010	0	1,003	73.68	4.42	$4,433
Jul 2010	0	1,062	72.55	4.74	$5,030
Jun 2010	0	1,152	70.36	4.91	$5,657
May 2010	0	1,161	71.12	4.24	$4,917
Apr 2010	0	1,036	81.69	4.12	$4,271
Mar 2010	0	1,002	78.39	4.39	$4,397
Feb 2010	0	823	73.58	5.44	$4,479
Jan 2010	0	816	74.36	5.96	$4,867
Dec 2009	0	752	71.44	5.48	$4,124
Nov 2009	0	781	74.59	3.75	$2,930
Oct 2009	0	851	72.54	4.11	$3,498
Sep 2009	0	867	65.54	3.06	$2,657
Aug 2009	0	942	67.42	3.22	$3,032
Jul 2009	0	995	61.13	3.46	$3,447
Jun 2009	0	921	66.16	3.90	$3,587
May 2009	0	938	54.74	3.93	$3,682
Apr 2009	0	889	46.77	3.59	$3,189
Mar 2009	0	934	42.14	4.06	$3,791
Feb 2009	0	896	32.81	4.63	$4,151
Jan 2009	0	940	35.86	5.37	$5,049
Dec 2008	0	790	37.10	5.98	$4,722
Nov 2008	0	749	55.49	6.86	$5,138
Oct 2008	0	803	75.24	6.92	$5,558
Sep 2008	0	748	101.76	7.88	$5,892
Aug 2008	0	909	114.22	8.48	$7,711
Jul 2008	0	899	131.08	11.39	$10,239
Jun 2008	0	828	131.33	13.03	$10,791
May 2008	0	787	123.17	11.57	$9,109
Apr 2008	0	885	110.31	10.45	$9,253
Mar 2008	0	1,042	101.90	9.66	$10,070
Feb 2008	0	926	92.53	8.77	$8,122
Jan 2008	0	938	90.38	8.21	$7,697
Dec 2007	0	944	88.33	7.30	$6,893
Nov 2007	0	926	91.67	7.29	$6,752
Oct 2007	0	948	82.85	6.92	$6,562
Sep 2007	0	1,052	75.84	6.24	$6,569
Aug 2007	0	1,104	69.06	6.39	$7,052
Jul 2007	0	1,036	70.90	6.39	$6,618
Jun 2007	0	1,066	62.00	7.55	$8,047
May 2007	0	1,122	58.74	7.85	$8,804
Apr 2007	0	1,143	59.61	7.81	$8,921
Mar 2007	0	1,083	56.92	7.30	$7,908
Feb 2007	0	801	55.10	8.22	$6,581
Jan 2007	0	1,072	50.30	6.73	$7,211
Dec 2006	0	1,073	56.65	6.92	$7,423
Nov 2006	0	1,119	54.20	7.62	$8,524
Oct 2006	0	1,275	54.90	6.01	$7,668
Sep 2006	0	1,265	60.08	5.04	$6,372
Aug 2006	0	1,299	68.71	7.34	$9,535
Jul 2006	10	1,390	69.37	6.34	$9,510
Jun 2006	0	1,294	66.28	6.38	$8,261
May 2006	0	1,508	66.01	6.42	$9,689
Apr 2006	0	1,477	64.39	7.36	$10,871
Mar 2006	0	1,459	56.70	7.08	$10,334
Feb 2006	0	1,381	57.59	7.75	$10,704
Jan 2006	0	1,760	60.59	8.93	$15,723
Dec 2005	14	1,644	54.94	13.42	$22,824
Nov 2005	0	1,765	54.69	10.59	$18,689
Oct 2005	0	1,849	58.34	13.80	$25,508
Sep 2005	0	1,761	61.45	12.08	$21,271
Aug 2005	28	2,145	61.51	9.80	$22,737
Jul 2005	0	2,139	55.69	7.84	$16,778
Jun 2005	0	2,115	52.33	7.38	$15,611
May 2005	0	2,396	45.22	6.65	$15,936
Apr 2005	11	2,566	49.20	7.36	$19,428
Mar 2005	0	2,725	50.37	7.15	$19,497
Feb 2005	43	2,950	45.22	6.31	$20,565
Jan 2005	3	3,768	43.16	6.32	$23,952
Dec 2004	45	4,267	39.86	6.75	$30,601
Nov 2004	23	4,161	45.28	6.33	$27,382
Oct 2004	24	4,903	49.70	6.52	$33,136
Sep 2004	47	5,330	43.24	5.28	$30,195
Aug 2004	0	7,378	42.37	5.55	$40,953
Jul 2004	0	1,974	38.28	6.08	$12,010

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                  947 Mcf  × $  3.05 =     $2,884

────────────────────────────────────────────────────
Month total                                   $2,884

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/203079 is the state's own key, not one this site invented.