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 203558District 04Field 906066002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.2 M
Aug 2004 – May 2026
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
262
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 Gas112005-04-12161086
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
CondensateDisposition147 bbl$6,797
GasProduction220,797 Mcf$1,155,349
Total$1,162,146

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 28.0601, -99.4837. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.06011, -99.48366 · 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
7,460 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 7,460 ft.

Completions filed
Aug 2004
1 of 1 wells

1 well

42-4793878867,460 ftAug 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 (262)

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

262 months

May 20260165106.413.05$503
Apr 2026015698.932.87$448
Mar 202604589.753.15$142
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 202503659.383.30$119
Sep 20250062.743.08$0
Aug 202507063.933.01$211
Jul 202504266.743.32$139
Jun 202506666.483.13$207
May 2025010160.553.23$326
Apr 2025019362.363.54$684
Mar 2025018767.704.27$798
Feb 2025019370.884.34$838
Jan 202508174.324.28$347
Dec 2024036268.993.12$1,130
Nov 2024030469.052.20$668
Oct 2024035271.372.28$803
Sep 2024033869.612.36$799
Aug 2024049775.632.06$1,026
Jul 2024039579.932.15$848
Jun 2024042878.082.63$1,127
May 2024038878.812.20$853
Apr 2024045084.451.66$747
Mar 2024057280.301.55$884
Feb 2024045876.091.78$817
Jan 2024258773.023.30$2,082
Dec 2023056571.262.61$1,475
Nov 2023050177.892.81$1,407
Oct 2023051985.443.09$1,602
Sep 2023048289.042.74$1,318
Aug 2023051280.522.67$1,369
Jul 2023051574.852.64$1,361
Jun 2023058068.962.26$1,310
May 2023064570.622.23$1,437
Apr 2023071078.122.24$1,589
Mar 2023069772.852.39$1,668
Feb 2023058775.112.47$1,447
Jan 2023055676.533.39$1,884
Dec 2022054776.415.73$3,134
Nov 2022051585.005.65$2,908
Oct 2022055087.185.86$3,225
Sep 2022051884.888.16$4,229
Aug 2022047794.529.13$4,354
Jul 20220482101.587.54$3,635
Jun 20220262115.097.98$2,090
May 20220576109.378.43$4,857
Apr 20220465104.226.84$3,179
Mar 20220443108.885.08$2,249
Feb 2022040891.054.86$1,982
Jan 2022044181.844.54$2,001
Dec 2021051971.323.90$2,024
Nov 2021048077.435.24$2,514
Oct 2021049979.795.71$2,851
Sep 2021057669.865.35$3,082
Aug 2021047366.024.22$1,996
Jul 2021044770.783.98$1,780
Jun 2021049869.493.38$1,684
May 2021044263.483.02$1,334
Apr 2021046560.362.76$1,283
Mar 2021048561.302.72$1,318
Feb 2021048657.805.55$2,696
Jan 2021045050.412.81$1,265
Dec 2020049144.642.68$1,314
Nov 2020060538.772.71$1,637
Oct 2020099736.972.48$2,471
Sep 2020075237.091.99$1,497
Aug 2020053939.982.39$1,286
Jul 2020066638.371.83$1,216
Jun 2020061134.901.69$1,033
May 2020065716.921.81$1,192
Apr 2020066314.751.80$1,196
Mar 2020068430.341.86$1,270
Feb 2020049349.881.98$976
Jan 2020057157.252.09$1,196
Dec 2019062159.012.30$1,431
Nov 2019060355.302.75$1,659
Oct 2019049153.472.42$1,188
Sep 2019049155.052.66$1,305
Aug 2019049853.112.30$1,148
Jul 2019053956.272.46$1,326
Jun 2019052952.782.49$1,318
May 2019056558.482.74$1,548
Apr 2019056962.632.75$1,565
Mar 2019060156.803.06$1,840
Feb 2019046750.852.79$1,304
Jan 2019059146.033.23$1,908
Dec 2018096246.594.19$4,026
Nov 2018047952.934.24$2,030
Oct 2018062161.443.40$2,110
Sep 2018049759.543.11$1,545
Aug 2018055959.403.07$1,714
Jul 2018052865.142.93$1,548
Jun 2018066260.183.08$2,037
May 2018043165.382.90$1,250
Apr 2018041163.842.90$1,192
Mar 2018044661.222.79$1,243
Feb 2018040061.782.77$1,106
Jan 2018051762.874.01$2,073
Dec 2017057957.272.92$1,692
Nov 2017057155.423.12$1,781
Oct 2017059049.292.98$1,760
Sep 2017052647.523.09$1,624
Aug 2017047545.373.00$1,427
Jul 2017052943.873.09$1,633
Jun 2017052042.493.09$1,605
May 2017056845.373.26$1,854
Apr 2017059947.933.21$1,924
Mar 2017067346.772.98$2,008
Feb 2017065250.452.95$1,925
Jan 2017071549.413.42$2,444
Dec 2016072248.763.72$2,688
Nov 2016071742.492.64$1,896
Oct 2016060246.193.09$1,860
Sep 2016051241.553.10$1,588
Aug 2016062641.442.92$1,831
Jul 2016053241.622.92$1,556
Jun 2016058145.352.69$1,560
May 2016063842.521.99$1,270
Apr 2016062736.561.99$1,248
Mar 2016063233.011.79$1,134
Feb 2016058626.472.06$1,209
Jan 2016066027.352.36$1,560
Dec 2015081532.362.00$1,631
Nov 201501,35438.792.17$2,935
Oct 201501,23843.552.43$3,004
Sep 201501,20042.992.76$3,310
Aug 201501,17440.162.87$3,372
Jul 201501,03548.152.95$3,048
Jun 2015081256.152.88$2,341
May 201501,05955.212.96$3,130
Apr 2015078649.822.71$2,127
Mar 2015097242.892.93$2,853
Feb 2015085944.662.98$2,557
Jan 201501,07543.433.10$3,333
Dec 2014091554.693.59$3,286
Nov 2014076770.464.25$3,261
Oct 2014071178.303.90$2,774
Sep 2014062686.164.05$2,532
Aug 2014056489.394.04$2,276
Jul 2014050296.564.18$2,098
Jun 2014052898.164.74$2,501
May 2014056394.734.73$2,661
Apr 2014063995.944.81$3,073
Mar 2014060095.895.06$3,034
Feb 2014049597.406.19$3,065
Jan 2014055190.404.86$2,678
Dec 2013059191.824.35$2,574
Nov 2013084288.853.74$3,148
Oct 2013074097.423.78$2,797
Sep 20130766104.113.72$2,848
Aug 20130696104.253.52$2,452
Jul 20130761102.523.72$2,829
Jun 2013061194.403.93$2,403
May 2013063394.834.15$2,626
Apr 2013063493.964.28$2,715
Mar 2013068693.623.91$2,684
Feb 2013062191.233.42$2,124
Jan 2013070891.603.42$2,421
Dec 2012071786.773.42$2,452
Nov 2012067786.953.62$2,454
Oct 2012067289.383.40$2,285
Sep 2012063894.672.92$1,862
Aug 2012067992.662.91$1,975
Jul 2012097685.133.02$2,948
Jun 2012084479.822.52$2,126
May 2012072191.612.49$1,794
Apr 20120724101.652.00$1,446
Mar 20120749105.052.22$1,664
Feb 20120725101.102.57$1,863
Jan 2012072698.092.73$1,985
Dec 2011072496.873.24$2,346
Nov 2011080695.723.31$2,669
Oct 2011084184.983.65$3,068
Sep 2011086183.623.99$3,432
Aug 2011089283.404.15$3,701
Jul 2011080894.144.52$3,650
Jun 2011083492.904.64$3,870
May 2011086298.134.40$3,797
Apr 20110964105.964.33$4,177
Mar 2011098896.364.06$4,009
Feb 2011076885.644.18$3,210
Jan 2011092286.504.59$4,231
Dec 2010092385.734.35$4,013
Nov 2010088180.843.80$3,344
Oct 2010094378.103.51$3,309
Sep 2010083672.633.98$3,327
Aug 2010090073.684.42$3,977
Jul 2010086072.554.74$4,073
Jun 2010088970.364.91$4,365
May 2010079871.124.24$3,380
Apr 2010075581.694.12$3,113
Mar 2010074378.394.39$3,261
Feb 2010064373.585.44$3,499
Jan 2010074774.365.96$4,455
Dec 2009072571.445.48$3,976
Nov 2009075974.593.75$2,847
Oct 2009077472.544.11$3,181
Sep 2009073565.543.06$2,253
Aug 2009082667.423.22$2,658
Jul 2009085561.133.46$2,962
Jun 2009086366.163.90$3,361
May 2009087154.743.93$3,419
Apr 2009089146.773.59$3,196
Mar 200901,03842.144.06$4,213
Feb 2009084332.814.63$3,906
Jan 200901,07135.865.37$5,752
Dec 200801,08237.105.98$6,467
Nov 200801,08055.496.86$7,409
Oct 200801,02275.246.92$7,074
Sep 200801,083101.767.88$8,531
Aug 200801,242114.228.48$10,536
Jul 200801,264131.0811.39$14,396
Jun 200801,082131.3313.03$14,101
May 200801,249123.1711.57$14,456
Apr 200801,254110.3110.45$13,110
Mar 200801,241101.909.66$11,993
Feb 200801,09892.538.77$9,630
Jan 200851,22690.388.21$10,512
Dec 200701,29088.337.30$9,420
Nov 200701,05891.677.29$7,715
Oct 200701,34382.856.92$9,296
Sep 200701,14675.846.24$7,156
Aug 200701,36269.066.39$8,700
Jul 200701,36570.906.39$8,720
Jun 200701,30262.007.55$9,828
May 200701,36358.747.85$10,694
Apr 200701,38059.617.81$10,771
Mar 200701,20156.927.30$8,770
Feb 200701,28755.108.22$10,574
Jan 200701,27150.306.73$8,550
Dec 200601,34156.656.92$9,278
Nov 200601,38854.207.62$10,573
Oct 200601,42754.906.01$8,582
Sep 200601,46560.085.04$7,380
Aug 200601,65668.717.34$12,155
Jul 200601,74569.376.34$11,068
Jun 200601,66166.286.38$10,604
May 200601,70566.016.42$10,955
Apr 200601,67464.397.36$12,321
Mar 200601,85456.707.08$13,132
Feb 200601,68257.597.75$13,037
Jan 200601,85860.598.93$16,598
Dec 200501,71654.9413.42$23,021
Nov 200501,87354.6910.59$19,832
Oct 200501,93858.3413.80$26,736
Sep 200541,81761.4512.08$22,193
Aug 200502,03561.519.80$19,937
Jul 200502,29455.697.84$17,993
Jun 200502,39252.337.38$17,655
May 200552,70745.226.65$18,231
Apr 200502,34949.207.36$17,290
Mar 200502,16550.377.15$15,490
Feb 200592,42645.226.31$15,720
Jan 2005382,45243.166.32$17,142
Dec 200452,20739.866.75$15,099
Nov 2004322,72745.286.33$18,712
Oct 200403,75949.706.52$24,490
Sep 2004475,87643.245.28$33,080
Aug 200403,82342.375.55$21,220

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                  165 Mcf  × $  3.05 =       $503

────────────────────────────────────────────────────
Month total                                     $503

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/203558 is the state's own key, not one this site invented.