OWEN 2

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

Gas lease lease 227022District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.6 M
Mar 2007 – May 2026
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
231
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 811 leases and 811 wells, and the rule below applies to all of them.

Discovered
1971-11-11
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 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 2015-03-24.

The Commission's schedule remark for this field reads: LATERALS. EFFECTIVE 3/24/15;

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 Gas112007-09-13175917
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
CondensateDisposition241 bbl$20,848
GasProduction256,453 Mcf$1,574,935
Total$1,595,783

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 28.0128, -99.5421. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.01280, -99.54213 · 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
7,450 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 7,450 ft.

Completions filed
Mar 2007
1 of 1 wells

1 well

42-4793977247,450 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 20260125106.413.05$381
Apr 2026013398.932.87$382
Mar 2026015389.753.15$482
Feb 2026014063.503.75$525
Jan 2026018859.138.00$1,504
Dec 2025041356.664.41$1,823
Nov 202501558.593.93$59
Oct 202501859.383.30$59
Sep 2025029862.743.08$917
Aug 202501163.933.01$33
Jul 2025029166.743.32$965
Jun 20250266.483.13$6
May 2025043460.553.23$1,403
Apr 20250062.363.54$0
Mar 2025013167.704.27$559
Feb 202503170.884.34$135
Jan 2025034074.324.28$1,455
Dec 20240068.993.12$0
Nov 2024032069.052.20$704
Oct 20240071.372.28$0
Sep 2024032869.612.36$776
Aug 20240075.632.06$0
Jul 2024034679.932.15$743
Jun 20240078.082.63$0
May 2024040378.812.20$886
Apr 202401684.451.66$27
Mar 20240080.301.55$0
Feb 2024015676.091.78$278
Jan 2024016673.023.30$547
Dec 2023018571.262.61$483
Nov 2023018077.892.81$505
Oct 2023019185.443.09$590
Sep 2023019189.042.74$522
Aug 2023018680.522.67$497
Jul 2023018774.852.64$494
Jun 2023019468.962.26$438
May 2023020470.622.23$454
Apr 2023020478.122.24$457
Mar 2023026272.852.39$627
Feb 2023014675.112.47$360
Jan 2023021876.533.39$739
Dec 2022023176.415.73$1,323
Nov 2022020385.005.65$1,146
Oct 2022023587.185.86$1,378
Sep 2022024784.888.16$2,016
Aug 2022026694.529.13$2,428
Jul 20220230101.587.54$1,735
Jun 20220216115.097.98$1,723
May 20220254109.378.43$2,142
Apr 20220228104.226.84$1,559
Mar 20220245108.885.08$1,244
Feb 2022024891.054.86$1,205
Jan 2022022281.844.54$1,007
Dec 2021024771.323.90$963
Nov 2021024977.435.24$1,304
Oct 2021025079.795.71$1,428
Sep 2021022769.865.35$1,215
Aug 2021024766.024.22$1,042
Jul 2021024670.783.98$980
Jun 2021024169.493.38$815
May 2021025463.483.02$766
Apr 2021020060.362.76$552
Mar 2021015361.302.72$416
Feb 2021023457.805.55$1,298
Jan 2021012350.412.81$346
Dec 2020014044.642.68$375
Nov 2020024938.772.71$674
Oct 2020028136.972.48$696
Sep 2020027737.091.99$552
Aug 2020028739.982.39$685
Jul 2020028338.371.83$517
Jun 2020027834.901.69$470
May 2020031016.921.81$563
Apr 2020037114.751.80$669
Mar 2020016930.341.86$314
Feb 2020040149.881.98$794
Jan 2020020657.252.09$432
Dec 2019024359.012.30$560
Nov 2019025655.302.75$704
Oct 2019031053.472.42$750
Sep 2019024355.052.66$646
Aug 2019027753.112.30$638
Jul 2019033956.272.46$834
Jun 2019030652.782.49$762
May 2019034858.482.74$954
Apr 2019030262.632.75$831
Mar 2019025356.803.06$775
Feb 2019019050.852.79$531
Jan 2019020846.033.23$671
Dec 2018020046.594.19$837
Nov 2018020952.934.24$886
Oct 2018022261.443.40$754
Sep 2018039559.543.11$1,228
Aug 20180059.403.07$0
Jul 2018025865.142.93$756
Jun 2018027560.183.08$846
May 2018030665.382.90$888
Apr 2018030063.842.90$870
Mar 2018031061.222.79$864
Feb 2018037961.782.77$1,048
Jan 2018035962.874.01$1,439
Dec 2017033257.272.92$970
Nov 2017032255.423.12$1,004
Oct 2017036549.292.98$1,089
Sep 2017033647.523.09$1,037
Aug 2017038945.373.00$1,169
Jul 2017047143.873.09$1,454
Jun 2017042642.493.09$1,315
May 2017037945.373.26$1,237
Apr 2017036447.933.21$1,169
Mar 2017038046.772.98$1,134
Feb 2017034050.452.95$1,004
Jan 2017038449.413.42$1,313
Dec 2016042748.763.72$1,590
Nov 2016045442.492.64$1,201
Oct 2016045846.193.09$1,415
Sep 2016047941.553.10$1,485
Aug 2016044041.442.92$1,287
Jul 2016043941.622.92$1,284
Jun 2016044045.352.69$1,182
May 2016039542.521.99$786
Apr 2016039436.561.99$784
Mar 2016051133.011.79$917
Feb 2016048426.472.06$999
Jan 2016050527.352.36$1,194
Dec 2015054732.362.00$1,095
Nov 2015056138.792.17$1,216
Oct 2015057843.552.43$1,403
Sep 2015056342.992.76$1,553
Aug 2015054140.162.87$1,554
Jul 2015054648.152.95$1,608
Jun 2015046956.152.88$1,352
May 2015041555.212.96$1,227
Apr 2015041649.822.71$1,126
Mar 2015045242.892.93$1,326
Feb 2015046044.662.98$1,369
Jan 2015055043.433.10$1,705
Dec 2014063954.693.59$2,295
Nov 2014057570.464.25$2,445
Oct 2014052778.303.90$2,056
Sep 20141746086.164.05$3,326
Aug 2014056489.394.04$2,276
Jul 2014060196.564.18$2,512
Jun 2014067498.164.74$3,193
May 20143777794.734.73$7,178
Apr 2014083195.944.81$3,996
Mar 2014082395.895.06$4,162
Feb 2014074997.406.19$4,638
Jan 2014038190.404.86$1,852
Dec 2013068491.824.35$2,978
Nov 2013039488.853.74$1,473
Oct 2013041297.423.78$1,557
Sep 20130423104.113.72$1,573
Aug 20130673104.253.52$2,371
Jul 20130484102.523.72$1,799
Jun 2013042494.403.93$1,668
May 2013045694.834.15$1,892
Apr 2013044893.964.28$1,919
Mar 2013046993.623.91$1,835
Feb 2013043091.233.42$1,471
Jan 2013049291.603.42$1,683
Dec 2012348686.773.42$1,923
Nov 2012047986.953.62$1,736
Oct 2012049989.383.40$1,696
Sep 2012051194.672.92$1,491
Aug 2012055892.662.91$1,623
Jul 2012058185.133.02$1,755
Jun 2012057379.822.52$1,443
May 2012062891.612.49$1,563
Apr 20120731101.652.00$1,460
Mar 20120785105.052.22$1,744
Feb 20120818101.102.57$2,102
Jan 2012089398.092.73$2,442
Dec 2011084696.873.24$2,741
Nov 2011081295.723.31$2,689
Oct 2011087184.983.65$3,178
Sep 2011095383.623.99$3,798
Aug 2011071783.404.15$2,975
Jul 2011091694.144.52$4,138
Jun 2011092992.904.64$4,310
May 2011097998.134.40$4,312
Apr 201101,007105.964.33$4,364
Mar 2011096496.364.06$3,911
Feb 2011084785.644.18$3,540
Jan 2011089886.504.59$4,121
Dec 2010099885.734.35$4,339
Nov 2010095080.843.80$3,606
Oct 2010092678.103.51$3,249
Sep 201001,06172.633.98$4,222
Aug 2010121,16173.684.42$6,015
Jul 201001,19572.554.74$5,660
Jun 201001,20170.364.91$5,897
May 201001,26071.124.24$5,336
Apr 201001,24781.694.12$5,141
Mar 201001,30078.394.39$5,705
Feb 201001,23473.585.44$6,716
Jan 201001,41174.365.96$8,415
Dec 200901,46771.445.48$8,045
Nov 200901,48874.593.75$5,582
Oct 200901,55772.544.11$6,400
Sep 200901,56365.543.06$4,790
Aug 200901,68567.423.22$5,423
Jul 200901,74261.133.46$6,035
Jun 200901,75466.163.90$6,832
May 200901,81254.743.93$7,113
Apr 200901,84246.773.59$6,608
Mar 200902,00142.144.06$8,122
Feb 200901,84232.814.63$8,534
Jan 200902,17635.865.37$11,687
Dec 200802,50337.105.98$14,961
Nov 200802,49255.496.86$17,096
Oct 200802,68675.246.92$18,592
Sep 200802,671101.767.88$21,040
Aug 200803,034114.228.48$25,737
Jul 200803,485131.0811.39$39,692
Jun 2008133,607131.3313.03$48,716
May 200803,649123.1711.57$42,235
Apr 200803,826110.3110.45$40,000
Mar 200804,365101.909.66$42,184
Feb 2008584,52492.538.77$45,045
Jan 200805,44890.388.21$44,705
Dec 200706,28588.337.30$45,893
Nov 200706,20291.677.29$45,223
Oct 200707,16782.856.92$49,610
Sep 20071018,12175.846.24$58,369
Aug 200709,95069.066.39$63,560
Jul 2007011,97370.906.39$76,483
Jun 2007013,53162.007.55$102,138
May 2007016,62658.747.85$130,452
Apr 2007018,34159.617.81$143,155
Mar 2007011,36956.927.30$83,016

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                  125 Mcf  × $  3.05 =       $381

────────────────────────────────────────────────────
Month total                                     $381

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/227022 is the state's own key, not one this site invented.