VT FASKEN, L. & M. ST OF TX 68-B

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

Gas lease lease 224305District 04Field 522110602 tax incentive programmesGasSaveExport
Value, all time
$262 k
Nov 2006 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
235
no gaps in the span
Streams
1
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 754 leases and 754 wells, and the rule below applies to all of them.

Discovered
1974-04-22
as the register files it
Field class
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 2011-08-23.

The Commission's schedule remark for this field reads: REMAINS SUSPENDED. FIELD REMAINS SET TO MANUAL REVIEW.

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 Gas112007-06-18175340
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
GasProduction41,751 Mcf$261,921
Total$261,921

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 27.8276, -99.7471. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.82759, -99.74708 · 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
7,010 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 7,010 ft.

Completions filed
Nov 2006
1 of 1 wells

1 well

42-4793961117,010 ftNov 2006

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 (235)

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

235 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 202511867.704.27$504
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024679.932.15$13
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 20241084.451.66$17
Mar 2024080.301.55$0
Feb 20244076.091.78$71
Jan 20245673.023.30$185
Dec 20237171.262.61$185
Nov 20235077.892.81$140
Oct 20234885.443.09$148
Sep 20234589.042.74$123
Aug 20236280.522.67$166
Jul 20234574.852.64$119
Jun 20232868.962.26$63
May 20232770.622.23$60
Apr 20231478.122.24$31
Mar 20232672.852.39$62
Feb 20232475.112.47$59
Jan 20231676.533.39$54
Dec 202215576.415.73$888
Nov 20225285.005.65$294
Oct 20225187.185.86$299
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20222101.587.54$15
Jun 20225115.097.98$40
May 202224109.378.43$202
Apr 202221104.226.84$144
Mar 202230108.885.08$152
Feb 20224891.054.86$233
Jan 20222681.844.54$118
Dec 202117271.323.90$671
Nov 20211177.435.24$58
Oct 20215979.795.71$337
Sep 20215569.865.35$294
Aug 20217866.024.22$329
Jul 20213370.783.98$131
Jun 20213669.493.38$122
May 20213563.483.02$106
Apr 20214660.362.76$127
Mar 20215261.302.72$141
Feb 20215057.805.55$277
Jan 20215050.412.81$141
Dec 20205544.642.68$147
Nov 20203938.772.71$106
Oct 20203236.972.48$79
Sep 20205937.091.99$117
Aug 20203139.982.39$74
Jul 20203138.371.83$57
Jun 20203634.901.69$61
May 20203916.921.81$71
Apr 20205914.751.80$106
Mar 20207830.341.86$145
Feb 20207749.881.98$153
Jan 20209257.252.09$193
Dec 20198059.012.30$184
Nov 20196855.302.75$187
Oct 20194653.472.42$111
Sep 20194555.052.66$120
Aug 20194253.112.30$97
Jul 20195556.272.46$135
Jun 20197452.782.49$184
May 20195258.482.74$143
Apr 20198162.632.75$223
Mar 20197756.803.06$236
Feb 20197650.852.79$212
Jan 20198446.033.23$271
Dec 20188346.594.19$347
Nov 20189152.934.24$386
Oct 20187861.443.40$265
Sep 20186259.543.11$193
Aug 20183959.403.07$120
Jul 20183165.142.93$91
Jun 20186160.183.08$188
May 20183565.382.90$102
Apr 20183163.842.90$90
Mar 20188561.222.79$237
Feb 20189761.782.77$268
Jan 201810962.874.01$437
Dec 20178957.272.92$260
Nov 20178655.423.12$268
Oct 20179349.292.98$277
Sep 20176947.523.09$213
Aug 20174845.373.00$144
Jul 20175743.873.09$176
Jun 20175042.493.09$154
May 20175445.373.26$176
Apr 20175947.933.21$189
Mar 201712746.772.98$379
Feb 20174950.452.95$145
Jan 20176249.413.42$212
Dec 20166648.763.72$246
Nov 20166142.492.64$161
Oct 20163846.193.09$117
Sep 20168641.553.10$267
Aug 20165941.442.92$173
Jul 20167341.622.92$213
Jun 201611145.352.69$298
May 20166142.521.99$121
Apr 20169236.561.99$183
Mar 20167633.011.79$136
Feb 20168126.472.06$167
Jan 20169427.352.36$222
Dec 20159432.362.00$188
Nov 20157438.792.17$160
Oct 20156643.552.43$160
Sep 20156142.992.76$168
Aug 20156240.162.87$178
Jul 20153948.152.95$115
Jun 20155656.152.88$161
May 20157555.212.96$222
Apr 20157549.822.71$203
Mar 201510242.892.93$299
Feb 20158544.662.98$253
Jan 201511843.433.10$366
Dec 20148254.693.59$294
Nov 20146770.464.25$285
Oct 20147578.303.90$293
Sep 20147186.164.05$287
Aug 20146889.394.04$274
Jul 20148696.564.18$359
Jun 20146798.164.74$317
May 20147194.734.73$336
Apr 20147895.944.81$375
Mar 20148595.895.06$430
Feb 20148197.406.19$502
Jan 20149290.404.86$447
Dec 20139291.824.35$401
Nov 201313588.853.74$505
Oct 201310097.423.78$378
Sep 201375104.113.72$279
Aug 201366104.253.52$232
Jul 201382102.523.72$305
Jun 20134294.403.93$165
May 20138194.834.15$336
Apr 20138693.964.28$368
Mar 20139493.623.91$368
Feb 20138091.233.42$274
Jan 201313591.603.42$462
Dec 201212586.773.42$428
Nov 201219286.953.62$696
Oct 201216689.383.40$564
Sep 201216394.672.92$476
Aug 201214992.662.91$433
Jul 201212885.133.02$387
Jun 201210979.822.52$275
May 201210391.612.49$256
Apr 2012131101.652.00$262
Mar 2012115105.052.22$256
Feb 2012112101.102.57$288
Jan 201215698.092.73$427
Dec 201111996.873.24$386
Nov 201110595.723.31$348
Oct 201110084.983.65$365
Sep 20118883.623.99$351
Aug 201112783.404.15$527
Jul 20112194.144.52$95
Jun 20115692.904.64$260
May 201111598.134.40$507
Apr 2011135105.964.33$585
Mar 201115796.364.06$637
Feb 201113685.644.18$568
Jan 201119686.504.59$899
Dec 201020885.734.35$904
Nov 201020680.843.80$782
Oct 201020578.103.51$719
Sep 201016872.633.98$669
Aug 201018573.684.42$818
Jul 201016472.554.74$777
Jun 201021570.364.91$1,056
May 201021871.124.24$923
Apr 201021881.694.12$899
Mar 201023378.394.39$1,023
Feb 201015173.585.44$822
Jan 201018474.365.96$1,097
Dec 200919471.445.48$1,064
Nov 200918974.593.75$709
Oct 200920972.544.11$859
Sep 200924465.543.06$748
Aug 200923667.423.22$760
Jul 200925061.133.46$866
Jun 200922866.163.90$888
May 200926354.743.93$1,032
Apr 200926646.773.59$954
Mar 200928742.144.06$1,165
Feb 200928932.814.63$1,339
Jan 200928135.865.37$1,509
Dec 200830037.105.98$1,793
Nov 2008055.496.86$0
Oct 200811575.246.92$796
Sep 2008497101.767.88$3,915
Aug 2008677114.228.48$5,743
Jul 2008719131.0811.39$8,189
Jun 2008991131.3313.03$12,915
May 20081,115123.1711.57$12,905
Apr 20081,137110.3110.45$11,887
Mar 20081,251101.909.66$12,090
Feb 20081,05492.538.77$9,244
Jan 2008090.388.21$0
Dec 200712988.337.30$942
Nov 200731591.677.29$2,297
Oct 20071,07282.856.92$7,420
Sep 20071,35875.846.24$8,480
Aug 20071,12969.066.39$7,212
Jul 20071,34170.906.39$8,566
Jun 20071,35662.007.55$10,236
May 20071,35858.747.85$10,655
Apr 20071,63159.617.81$12,730
Mar 20071,68056.927.30$12,267
Feb 20071,26255.108.22$10,369
Jan 20071,73050.306.73$11,637
Dec 20062,61356.656.92$18,078
Nov 2006054.207.62$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.

Mar 2025 — as filed, then multipliedworked
Gas                  118 Mcf  × $  4.27 =       $504

────────────────────────────────────────────────────
Month total                                     $504

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/224305 is the state's own key, not one this site invented.