VT JAMES, S. A. ESTATE

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 229979District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$526 k
Jul 2007 – May 2026
Value, last 12 filed months
$14 k
at the published price for each month
Months reported
227
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 Gas112007-12-20179587
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
CondensateDisposition1 bbl$73
GasProduction121,121 Mcf$525,666
Total$525,739

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 28.0669, -99.4690. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.06688, -99.46895 · 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
7,515 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 7,515 ft.

Completions filed
Jul 2007
1 of 1 wells

1 well

42-47939482297,515 ftJul 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 (227)

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

227 months

May 20260316106.413.05$962
Apr 2026029098.932.87$832
Mar 2026031189.753.15$979
Feb 2026032063.503.75$1,200
Jan 2026033159.138.00$2,647
Dec 2025028256.664.41$1,245
Nov 2025029558.593.93$1,158
Oct 2025037159.383.30$1,226
Sep 2025042462.743.08$1,305
Aug 2025040763.933.01$1,227
Jul 2025029766.743.32$985
Jun 202504166.483.13$128
May 2025033760.553.23$1,089
Apr 2025034862.363.54$1,233
Mar 2025036867.704.27$1,571
Feb 2025030170.884.34$1,307
Jan 2025021674.324.28$924
Dec 2024030168.993.12$940
Nov 2024012369.052.20$270
Oct 2024032771.372.28$746
Sep 2024044869.612.36$1,059
Aug 2024026575.632.06$547
Jul 2024049679.932.15$1,065
Jun 20240078.082.63$0
May 202405778.812.20$125
Apr 2024023684.451.66$392
Mar 20240080.301.55$0
Feb 2024011076.091.78$196
Jan 2024114473.023.30$548
Dec 202307171.262.61$185
Nov 2023020677.892.81$578
Oct 2023013685.443.09$420
Sep 2023025589.042.74$697
Aug 2023034380.522.67$917
Jul 2023053174.852.64$1,403
Jun 2023050768.962.26$1,145
May 2023036270.622.23$806
Apr 2023039178.122.24$875
Mar 2023046872.852.39$1,120
Feb 2023044475.112.47$1,095
Jan 2023049276.533.39$1,667
Dec 2022048876.415.73$2,796
Nov 2022033885.005.65$1,908
Oct 2022023187.185.86$1,355
Sep 2022013784.888.16$1,118
Aug 2022020594.529.13$1,871
Jul 20220243101.587.54$1,833
Jun 20220406115.097.98$3,239
May 20220612109.378.43$5,161
Apr 20220266104.226.84$1,819
Mar 20220377108.885.08$1,914
Feb 2022033791.054.86$1,637
Jan 2022038281.844.54$1,733
Dec 2021035671.323.90$1,388
Nov 2021036077.435.24$1,885
Oct 2021037179.795.71$2,120
Sep 2021048069.865.35$2,568
Aug 2021032966.024.22$1,389
Jul 2021050870.783.98$2,023
Jun 2021053369.493.38$1,802
May 2021054963.483.02$1,657
Apr 2021037760.362.76$1,040
Mar 2021042061.302.72$1,141
Feb 2021033057.805.55$1,831
Jan 2021042950.412.81$1,206
Dec 2020039044.642.68$1,043
Nov 2020039238.772.71$1,061
Oct 2020032836.972.48$813
Sep 2020021037.091.99$418
Aug 20200439.982.39$10
Jul 2020053338.371.83$973
Jun 2020019934.901.69$336
May 202007116.921.81$129
Apr 2020051314.751.80$926
Mar 2020036430.341.86$676
Feb 2020056249.881.98$1,113
Jan 2020062757.252.09$1,313
Dec 2019079259.012.30$1,825
Nov 2019036055.302.75$990
Oct 20190153.472.42$2
Sep 2019076455.052.66$2,030
Aug 2019076053.112.30$1,751
Jul 2019075756.272.46$1,862
Jun 2019070152.782.49$1,746
May 2019075558.482.74$2,069
Apr 2019052962.632.75$1,455
Mar 2019074056.803.06$2,266
Feb 2019058750.852.79$1,639
Jan 2019067446.033.23$2,176
Dec 2018076546.594.19$3,202
Nov 2018071652.934.24$3,034
Oct 2018083361.443.40$2,831
Sep 2018076959.543.11$2,390
Aug 2018082659.403.07$2,533
Jul 2018070765.142.93$2,073
Jun 2018069360.183.08$2,132
May 2018062265.382.90$1,804
Apr 2018059063.842.90$1,711
Mar 2018062561.222.79$1,742
Feb 2018060561.782.77$1,674
Jan 2018071862.874.01$2,879
Dec 2017058257.272.92$1,700
Nov 2017046255.423.12$1,441
Oct 2017070449.292.98$2,101
Sep 2017060047.523.09$1,852
Aug 2017052045.373.00$1,562
Jul 2017053343.873.09$1,646
Jun 2017058042.493.09$1,791
May 2017062345.373.26$2,033
Apr 2017071947.933.21$2,309
Mar 2017077846.772.98$2,321
Feb 2017062550.452.95$1,845
Jan 2017068749.413.42$2,349
Dec 2016066648.763.72$2,479
Nov 2016074642.492.64$1,973
Oct 2016048846.193.09$1,508
Sep 2016041841.553.10$1,296
Aug 2016052341.442.92$1,529
Jul 2016053941.622.92$1,576
Jun 2016049845.352.69$1,338
May 2016046842.521.99$932
Apr 2016034736.561.99$691
Mar 2016039933.011.79$716
Feb 2016038926.472.06$803
Jan 2016042527.352.36$1,005
Dec 2015059632.362.00$1,193
Nov 2015046438.792.17$1,006
Oct 2015045243.552.43$1,097
Sep 2015047842.992.76$1,319
Aug 2015051840.162.87$1,488
Jul 2015047748.152.95$1,405
Jun 2015044456.152.88$1,280
May 2015042855.212.96$1,265
Apr 2015039349.822.71$1,064
Mar 2015039442.892.93$1,156
Feb 2015035944.662.98$1,068
Jan 2015038243.433.10$1,184
Dec 2014037754.693.59$1,354
Nov 2014041170.464.25$1,748
Oct 2014042078.303.90$1,638
Sep 2014039986.164.05$1,614
Aug 2014033589.394.04$1,352
Jul 2014043596.564.18$1,818
Jun 2014040898.164.74$1,933
May 2014041694.734.73$1,966
Apr 2014045195.944.81$2,169
Mar 2014048095.895.06$2,427
Feb 2014037197.406.19$2,297
Jan 2014037790.404.86$1,832
Dec 2013038091.824.35$1,655
Nov 2013046588.853.74$1,738
Oct 2013045897.423.78$1,731
Sep 20130523104.113.72$1,944
Aug 20130520104.253.52$1,832
Jul 20130479102.523.72$1,781
Jun 2013045494.403.93$1,786
May 2013041694.834.15$1,726
Apr 2013042493.964.28$1,816
Mar 2013047493.623.91$1,855
Feb 2013038591.233.42$1,317
Jan 2013049491.603.42$1,689
Dec 2012049686.773.42$1,696
Nov 2012044186.953.62$1,599
Oct 2012047489.383.40$1,611
Sep 2012034794.672.92$1,013
Aug 2012041192.662.91$1,195
Jul 2012035985.133.02$1,084
Jun 2012037379.822.52$940
May 2012038991.612.49$968
Apr 20120395101.652.00$789
Mar 20120475105.052.22$1,055
Feb 20120455101.102.57$1,169
Jan 2012047598.092.73$1,299
Dec 2011046796.873.24$1,513
Nov 2011048195.723.31$1,593
Oct 2011048784.983.65$1,777
Sep 2011045483.623.99$1,810
Aug 2011050983.404.15$2,112
Jul 2011053094.144.52$2,394
Jun 2011051692.904.64$2,394
May 2011051498.134.40$2,264
Apr 20110488105.964.33$2,115
Mar 2011052496.364.06$2,126
Feb 2011047885.644.18$1,998
Jan 2011056286.504.59$2,579
Dec 2010051585.734.35$2,239
Nov 2010067680.843.80$2,566
Oct 2010073178.103.51$2,565
Sep 2010064372.633.98$2,559
Aug 2010070473.684.42$3,111
Jul 2010069772.554.74$3,301
Jun 2010072270.364.91$3,545
May 2010077671.124.24$3,287
Apr 2010076181.694.12$3,137
Mar 2010078078.394.39$3,423
Feb 2010068473.585.44$3,723
Jan 2010076074.365.96$4,533
Dec 2009076571.445.48$4,195
Nov 2009082474.593.75$3,091
Oct 2009085472.544.11$3,510
Sep 2009076765.543.06$2,351
Aug 2009075967.423.22$2,443
Jul 2009080061.133.46$2,772
Jun 2009078166.163.90$3,042
May 2009082454.743.93$3,235
Apr 2009083346.773.59$2,988
Mar 2009087642.144.06$3,556
Feb 2009077532.814.63$3,591
Jan 2009090635.865.37$4,866
Dec 2008081037.105.98$4,841
Nov 2008085655.496.86$5,872
Oct 200801,20875.246.92$8,362
Sep 20080791101.767.88$6,231
Aug 20080665114.228.48$5,641
Jul 20080986131.0811.39$11,230
Jun 200801,138131.3313.03$14,831
May 200801,110123.1711.57$12,847
Apr 200801,114110.3110.45$11,647
Mar 20080798101.909.66$7,712
Feb 2008077292.538.77$6,771
Jan 2008087890.388.21$7,205
Dec 200701,07988.337.30$7,879
Nov 2007095791.677.29$6,978
Oct 200701,65782.856.92$11,470
Sep 200701,89175.846.24$11,808
Aug 200702,56469.066.39$16,379
Jul 200702,36470.906.39$15,101

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                  316 Mcf  × $  3.05 =       $962

────────────────────────────────────────────────────
Month total                                     $962

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/229979 is the state's own key, not one this site invented.