VT FASKEN, L. & M. 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 240283District 04Field 522110602 tax incentive programmesGasSaveExport
Value, all time
$214 k
Jun 2008 – May 2026
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
216
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 Gas112009-01-28188537
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
GasProduction45,392 Mcf$213,648
Total$213,648

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 27.8360, -99.7682. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.83604, -99.76819 · 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
6,860 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 6,860 ft.

Completions filed
Jun 2008
1 of 1 wells

1 well

42-4794013260026,860 ftJun 2008

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 (216)

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

216 months

May 2026114106.413.05$347
Apr 20269598.932.87$273
Mar 20265789.753.15$180
Feb 20268863.503.75$330
Jan 202610759.138.00$856
Dec 202562556.664.41$2,758
Nov 202538158.593.93$1,496
Oct 20257259.383.30$238
Sep 202513762.743.08$422
Aug 202520663.933.01$621
Jul 20254866.743.32$159
Jun 20251766.483.13$53
May 20256660.553.23$213
Apr 202514562.363.54$514
Mar 202541667.704.27$1,776
Feb 20254570.884.34$195
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 202417769.612.36$418
Aug 2024075.632.06$0
Jul 202411879.932.15$253
Jun 2024078.082.63$0
May 20242578.812.20$55
Apr 202412984.451.66$214
Mar 2024080.301.55$0
Feb 20246876.091.78$121
Jan 20248573.023.30$280
Dec 202310271.262.61$266
Nov 20238477.892.81$236
Oct 20239785.443.09$299
Sep 20239289.042.74$252
Aug 20238080.522.67$214
Jul 20239974.852.64$262
Jun 202336768.962.26$829
May 202332070.622.23$713
Apr 202313378.122.24$298
Mar 202313972.852.39$333
Feb 202314975.112.47$367
Jan 202313476.533.39$454
Dec 202218576.415.73$1,060
Nov 20228285.005.65$463
Oct 202216987.185.86$991
Sep 202229284.888.16$2,384
Aug 202227294.529.13$2,483
Jul 2022191101.587.54$1,441
Jun 2022144115.097.98$1,149
May 2022129109.378.43$1,088
Apr 2022152104.226.84$1,039
Mar 2022169108.885.08$858
Feb 202221191.054.86$1,025
Jan 20226581.844.54$295
Dec 202115371.323.90$597
Nov 202111377.435.24$592
Oct 202114879.795.71$846
Sep 202113869.865.35$738
Aug 202113166.024.22$553
Jul 20216670.783.98$263
Jun 20216569.493.38$220
May 20216263.483.02$187
Apr 20215360.362.76$146
Mar 20214561.302.72$122
Feb 20214657.805.55$255
Jan 20216150.412.81$171
Dec 20203544.642.68$94
Nov 20205538.772.71$149
Oct 20207136.972.48$176
Sep 202010437.091.99$207
Aug 20208939.982.39$212
Jul 20209038.371.83$164
Jun 202010734.901.69$181
May 20209516.921.81$172
Apr 202010414.751.80$188
Mar 202010730.341.86$199
Feb 20209049.881.98$178
Jan 20204957.252.09$103
Dec 201911759.012.30$270
Nov 201910655.302.75$292
Oct 201910353.472.42$249
Sep 20199655.052.66$255
Aug 201910053.112.30$230
Jul 201912356.272.46$303
Jun 201911052.782.49$274
May 201910958.482.74$299
Apr 201910162.632.75$278
Mar 201911556.803.06$352
Feb 20199550.852.79$265
Jan 201914146.033.23$455
Dec 201811946.594.19$498
Nov 201811452.934.24$483
Oct 201812261.443.40$415
Sep 201810059.543.11$311
Aug 201812859.403.07$393
Jul 201811665.142.93$340
Jun 201811360.183.08$348
May 201811365.382.90$328
Apr 201814463.842.90$418
Mar 201813961.222.79$387
Feb 201813161.782.77$362
Jan 201814262.874.01$569
Dec 201714957.272.92$435
Nov 201713755.423.12$427
Oct 201715949.292.98$474
Sep 201713647.523.09$420
Aug 201711445.373.00$343
Jul 20176243.873.09$191
Jun 201711342.493.09$349
May 201715445.373.26$503
Apr 201715247.933.21$488
Mar 201715346.772.98$457
Feb 201712950.452.95$381
Jan 201713149.413.42$448
Dec 201614848.763.72$551
Nov 201619042.492.64$502
Oct 201615546.193.09$479
Sep 201625041.553.10$775
Aug 201616741.442.92$488
Jul 201618841.622.92$550
Jun 201611245.352.69$301
May 201611542.521.99$229
Apr 201613536.561.99$269
Mar 201612233.011.79$219
Feb 201616926.472.06$349
Jan 201615227.352.36$359
Dec 201516132.362.00$322
Nov 201516038.792.17$347
Oct 201512143.552.43$294
Sep 201514542.992.76$400
Aug 201517440.162.87$500
Jul 201513248.152.95$389
Jun 20154256.152.88$121
May 20159255.212.96$272
Apr 201512449.822.71$336
Mar 20156342.892.93$185
Feb 20158544.662.98$253
Jan 20158743.433.10$270
Dec 20144554.693.59$162
Nov 201410870.464.25$459
Oct 201415278.303.90$593
Sep 201416786.164.05$676
Aug 201416489.394.04$662
Jul 201418396.564.18$765
Jun 201414798.164.74$696
May 201414894.734.73$700
Apr 201417295.944.81$827
Mar 201413995.895.06$703
Feb 201413597.406.19$836
Jan 201419890.404.86$962
Dec 201318091.824.35$784
Nov 201318188.853.74$677
Oct 201315397.423.78$578
Sep 2013165104.113.72$613
Aug 2013150104.253.52$528
Jul 2013173102.523.72$643
Jun 201311194.403.93$437
May 201316194.834.15$668
Apr 201315993.964.28$681
Mar 201318993.623.91$740
Feb 201318791.233.42$640
Jan 201327091.603.42$923
Dec 201226186.773.42$893
Nov 201213686.953.62$493
Oct 201211589.383.40$391
Sep 20129494.672.92$274
Aug 201222692.662.91$657
Jul 201226185.133.02$788
Jun 201223179.822.52$582
May 201225991.612.49$644
Apr 2012251101.652.00$501
Mar 2012233105.052.22$518
Feb 2012261101.102.57$671
Jan 201227998.092.73$763
Dec 201131696.873.24$1,024
Nov 201130495.723.31$1,007
Oct 201136884.983.65$1,343
Sep 201129783.623.99$1,184
Aug 201137083.404.15$1,535
Jul 20118394.144.52$375
Jun 20118092.904.64$371
May 201137498.134.40$1,647
Apr 2011340105.964.33$1,473
Mar 201140596.364.06$1,643
Feb 201131785.644.18$1,325
Jan 201134086.504.59$1,560
Dec 201036285.734.35$1,574
Nov 201042180.843.80$1,598
Oct 201035878.103.51$1,256
Sep 201039872.633.98$1,584
Aug 201031773.684.42$1,401
Jul 201028272.554.74$1,336
Jun 201050270.364.91$2,465
May 201050371.124.24$2,130
Apr 201056181.694.12$2,313
Mar 201051078.394.39$2,238
Feb 201042373.585.44$2,302
Jan 201050974.365.96$3,036
Dec 200950671.445.48$2,775
Nov 200949474.593.75$1,853
Oct 200958372.544.11$2,396
Sep 200960265.543.06$1,845
Aug 200949367.423.22$1,587
Jul 200957261.133.46$1,982
Jun 200957666.163.90$2,244
May 200959654.743.93$2,340
Apr 200965346.773.59$2,343
Mar 200977742.144.06$3,154
Feb 200967832.814.63$3,141
Jan 200940035.865.37$2,148
Dec 200830637.105.98$1,829
Nov 200868755.496.86$4,713
Oct 200856075.246.92$3,876
Sep 2008714101.767.88$5,624
Aug 2008614114.228.48$5,209
Jul 20081,262131.0811.39$14,373
Jun 20082,305131.3313.03$30,040

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                  114 Mcf  × $  3.05 =       $347

────────────────────────────────────────────────────
Month total                                     $347

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/240283 is the state's own key, not one this site invented.