VT MARTIN TRUST'S ST OF TX

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 225842District 04Field 522110602 tax incentive programmesGasSaveExport
Value, all time
$1.5 M
Mar 2007 – May 2026
Value, last 12 filed months
$35 k
at the published price for each month
Months reported
231
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 Gas112007-06-18175337
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
GasProduction287,126 Mcf$1,494,431
Total$1,494,431

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 27.8578, -99.7258. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.85783, -99.72575 · 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
7,110 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 7,110 ft.

Completions filed
Mar 2007
1 of 1 wells

1 well

42-4793971666027,110 ftMar 2007

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 (231)

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

231 months

May 2026865106.413.05$2,635
Apr 202639298.932.87$1,125
Mar 202667089.753.15$2,110
Feb 202671863.503.75$2,693
Jan 202684559.138.00$6,758
Dec 202583556.664.41$3,685
Nov 202582858.593.93$3,251
Oct 20251,17659.383.30$3,886
Sep 202584962.743.08$2,612
Aug 202591263.933.01$2,749
Jul 202563966.743.32$2,118
Jun 202559066.483.13$1,846
May 202592660.553.23$2,993
Apr 202599062.363.54$3,508
Mar 202540767.704.27$1,737
Feb 202569470.884.34$3,013
Jan 202588674.324.28$3,791
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 202441169.612.36$972
Aug 202443875.632.06$904
Jul 202439179.932.15$839
Jun 202444678.082.63$1,175
May 202445378.812.20$996
Apr 202427984.451.66$463
Mar 202444180.301.55$681
Feb 202456976.091.78$1,015
Jan 202473973.023.30$2,437
Dec 202377871.262.61$2,031
Nov 202363877.892.81$1,791
Oct 202391385.443.09$2,819
Sep 202357289.042.74$1,564
Aug 202377280.522.67$2,063
Jul 202389274.852.64$2,356
Jun 202383168.962.26$1,877
May 202362570.622.23$1,392
Apr 202383978.122.24$1,877
Mar 202396672.852.39$2,312
Feb 202383575.112.47$2,059
Jan 202394676.533.39$3,205
Dec 202290676.415.73$5,191
Nov 202288085.005.65$4,969
Oct 20221,02987.185.86$6,034
Sep 202290784.888.16$7,404
Aug 202295894.529.13$8,744
Jul 20221,019101.587.54$7,685
Jun 20221,069115.097.98$8,528
May 20221,314109.378.43$11,081
Apr 20221,189104.226.84$8,130
Mar 20221,236108.885.08$6,274
Feb 202285991.054.86$4,174
Jan 20221,28781.844.54$5,840
Dec 20211,49271.323.90$5,817
Nov 20211,33577.435.24$6,991
Oct 20211,11779.795.71$6,382
Sep 20211,51969.865.35$8,128
Aug 202189966.024.22$3,794
Jul 202134870.783.98$1,386
Jun 202154169.493.38$1,829
May 202138463.483.02$1,159
Apr 202130160.362.76$830
Mar 202134361.302.72$932
Feb 202154457.805.55$3,018
Jan 202133550.412.81$941
Dec 202019344.642.68$516
Nov 202020238.772.71$547
Oct 202022836.972.48$565
Sep 202024837.091.99$494
Aug 202029739.982.39$708
Jul 202028038.371.83$511
Jun 202047034.901.69$794
May 202043116.921.81$782
Apr 202046814.751.80$844
Mar 202056130.341.86$1,041
Feb 202042049.881.98$832
Jan 202041457.252.09$867
Dec 201933759.012.30$777
Nov 201946855.302.75$1,287
Oct 201940153.472.42$970
Sep 201941255.052.66$1,095
Aug 201949753.112.30$1,145
Jul 201949356.272.46$1,213
Jun 201986752.782.49$2,160
May 201955858.482.74$1,529
Apr 201955762.632.75$1,532
Mar 201959356.803.06$1,816
Feb 201950650.852.79$1,413
Jan 201962646.033.23$2,021
Dec 201861846.594.19$2,587
Nov 201835152.934.24$1,487
Oct 201877761.443.40$2,640
Sep 201857859.543.11$1,796
Aug 201837259.403.07$1,141
Jul 201853565.142.93$1,569
Jun 201845760.183.08$1,406
May 201857465.382.90$1,665
Apr 201845463.842.90$1,317
Mar 201864161.222.79$1,786
Feb 201855061.782.77$1,521
Jan 201864062.874.01$2,566
Dec 201756457.272.92$1,648
Nov 201758655.423.12$1,827
Oct 201761349.292.98$1,829
Sep 201764347.523.09$1,985
Aug 201783045.373.00$2,494
Jul 201775443.873.09$2,328
Jun 201754142.493.09$1,670
May 201747645.373.26$1,553
Apr 201759947.933.21$1,924
Mar 201759446.772.98$1,772
Feb 201766350.452.95$1,958
Jan 201767949.413.42$2,321
Dec 201652848.763.72$1,966
Nov 201650442.492.64$1,333
Oct 201687746.193.09$2,710
Sep 201675741.553.10$2,347
Aug 201663141.442.92$1,845
Jul 201683941.622.92$2,454
Jun 201655945.352.69$1,501
May 201673742.521.99$1,467
Apr 201687136.561.99$1,734
Mar 201674733.011.79$1,340
Feb 201649526.472.06$1,022
Jan 201660527.352.36$1,430
Dec 201554632.362.00$1,093
Nov 201555838.792.17$1,209
Oct 201569043.552.43$1,674
Sep 201562242.992.76$1,716
Aug 201565640.162.87$1,884
Jul 201564548.152.95$1,900
Jun 201557756.152.88$1,663
May 201567655.212.96$1,998
Apr 201557949.822.71$1,567
Mar 201573442.892.93$2,154
Feb 201570044.662.98$2,083
Jan 201574643.433.10$2,313
Dec 201481054.693.59$2,909
Nov 201456870.464.25$2,415
Oct 201464978.303.90$2,532
Sep 201459786.164.05$2,415
Aug 201467489.394.04$2,720
Jul 201463696.564.18$2,658
Jun 201483198.164.74$3,936
May 201474794.734.73$3,531
Apr 201485795.944.81$4,121
Mar 201492695.895.06$4,683
Feb 201496997.406.19$6,000
Jan 201495190.404.86$4,623
Dec 20131,00791.824.35$4,385
Nov 201389888.853.74$3,357
Oct 201384997.423.78$3,209
Sep 2013806104.113.72$2,997
Aug 2013982104.253.52$3,459
Jul 2013961102.523.72$3,573
Jun 201384994.403.93$3,339
May 201397694.834.15$4,050
Apr 201392393.964.28$3,953
Mar 201398093.623.91$3,835
Feb 20131,00691.233.42$3,440
Jan 20131,02491.603.42$3,502
Dec 201295186.773.42$3,253
Nov 20121,22486.953.62$4,437
Oct 20121,37289.383.40$4,664
Sep 20121,42794.672.92$4,165
Aug 20121,22192.662.91$3,551
Jul 20121,30585.133.02$3,942
Jun 20121,29979.822.52$3,272
May 20121,35791.612.49$3,377
Apr 20121,437101.652.00$2,869
Mar 20121,453105.052.22$3,229
Feb 2012838101.102.57$2,154
Jan 20121,40198.092.73$3,830
Dec 20111,63096.873.24$5,281
Nov 20111,66095.723.31$5,497
Oct 20111,71884.983.65$6,268
Sep 20111,82383.623.99$7,266
Aug 20112,14983.404.15$8,917
Jul 201118494.144.52$831
Jun 201124492.904.64$1,132
May 20111,39798.134.40$6,154
Apr 20111,210105.964.33$5,243
Mar 20111,35596.364.06$5,498
Feb 20111,21585.644.18$5,079
Jan 20111,44686.504.59$6,635
Dec 20101,49785.734.35$6,509
Nov 20101,47780.843.80$5,606
Oct 20101,57178.103.51$5,512
Sep 20101,74772.633.98$6,952
Aug 20101,88273.684.42$8,317
Jul 20101,99472.554.74$9,445
Jun 20101,83770.364.91$9,020
May 20101,63971.124.24$6,942
Apr 20101,68281.694.12$6,934
Mar 20101,83378.394.39$8,044
Feb 20101,63473.585.44$8,893
Jan 20101,91274.365.96$11,403
Dec 20092,10571.445.48$11,543
Nov 20092,30974.593.75$8,662
Oct 20092,46472.544.11$10,128
Sep 20092,56765.543.06$7,867
Aug 20092,34767.423.22$7,554
Jul 20092,49261.133.46$8,634
Jun 20092,47966.163.90$9,656
May 20092,41254.743.93$9,469
Apr 20092,31146.773.59$8,291
Mar 20092,63142.144.06$10,679
Feb 20092,32432.814.63$10,767
Jan 20092,78535.865.37$14,958
Dec 20082,60837.105.98$15,588
Nov 20082,71755.496.86$18,640
Oct 20083,14175.246.92$21,742
Sep 20083,033101.767.88$23,891
Aug 20083,394114.228.48$28,791
Jul 20083,320131.0811.39$37,813
Jun 20082,591131.3313.03$33,768
May 20083,885123.1711.57$44,966
Apr 20083,218110.3110.45$33,644
Mar 20083,335101.909.66$32,230
Feb 20083,02292.538.77$26,505
Jan 20083,58890.388.21$29,442
Dec 20073,63988.337.30$26,572
Nov 20074,08791.677.29$29,801
Oct 20074,31682.856.92$29,875
Sep 20074,28275.846.24$26,737
Aug 20074,65269.066.39$29,717
Jul 20075,41270.906.39$34,572
Jun 20075,97362.007.55$45,087
May 20077,81358.747.85$61,303
Apr 20079,01759.617.81$70,379
Mar 20079,05856.927.30$66,141

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
Gas                  865 Mcf  × $  3.05 =     $2,635

────────────────────────────────────────────────────
Month total                                   $2,635

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/225842 is the state's own key, not one this site invented.