LAUREL 1390

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 241015District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.0 M
May 2008 – May 2026
Value, last 12 filed months
$23 k
at the published price for each month
Months reported
217
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 Gas112008-12-12187246
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
CondensateDisposition14 bbl$1,234
GasProduction224,679 Mcf$1,025,594
Total$1,026,828

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 27.8978, -99.4398. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.89784, -99.43984 · 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
6,550 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 6,550 ft.

Completions filed
May 2008
1 of 1 wells

1 well

42-4794011211A6,550 ftMay 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 (217)

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

217 months

May 20260645106.413.05$1,965
Apr 2026061398.932.87$1,759
Mar 2026059389.753.15$1,868
Feb 2026073063.503.75$2,738
Jan 2026023259.138.00$1,856
Dec 2025030156.664.41$1,328
Nov 2025057958.593.93$2,273
Oct 2025057459.383.30$1,897
Sep 2025060662.743.08$1,865
Aug 2025062563.933.01$1,884
Jul 2025056866.743.32$1,883
Jun 2025058066.483.13$1,815
May 2025063260.553.23$2,043
Apr 2025065062.363.54$2,303
Mar 2025059167.704.27$2,523
Feb 2025055470.884.34$2,405
Jan 2025064574.324.28$2,760
Dec 2024064868.993.12$2,023
Nov 2024066669.052.20$1,464
Oct 2024068571.372.28$1,563
Sep 2024059769.612.36$1,412
Aug 2024064175.632.06$1,323
Jul 2024058479.932.15$1,254
Jun 2024061478.082.63$1,617
May 2024065078.812.20$1,429
Apr 2024066284.451.66$1,098
Mar 2024070880.301.55$1,094
Feb 2024059376.091.78$1,058
Jan 2024070173.023.30$2,312
Dec 2023072171.262.61$1,882
Nov 2023069577.892.81$1,951
Oct 2023073985.443.09$2,282
Sep 2023068589.042.74$1,874
Aug 2023068080.522.67$1,818
Jul 2023067974.852.64$1,794
Jun 2023069168.962.26$1,561
May 2023067570.622.23$1,504
Apr 2023069478.122.24$1,553
Mar 2023072272.852.39$1,728
Feb 2023065975.112.47$1,625
Jan 2023070776.533.39$2,395
Dec 2022071476.415.73$4,091
Nov 2022070685.005.65$3,986
Oct 2022072987.185.86$4,275
Sep 2022072184.888.16$5,886
Aug 2022076094.529.13$6,937
Jul 20220728101.587.54$5,491
Jun 20220716115.097.98$5,712
May 20220722109.378.43$6,089
Apr 20220713104.226.84$4,875
Mar 20220662108.885.08$3,361
Feb 2022070291.054.86$3,411
Jan 2022030381.844.54$1,375
Dec 2021050771.323.90$1,977
Nov 2021063677.435.24$3,331
Oct 2021060579.795.71$3,457
Sep 2021066469.865.35$3,553
Aug 2021063766.024.22$2,689
Jul 2021066870.783.98$2,660
Jun 2021065069.493.38$2,197
May 2021068963.483.02$2,079
Apr 2021069160.362.76$1,906
Mar 2021067061.302.72$1,820
Feb 2021062357.805.55$3,456
Jan 2021069050.412.81$1,939
Dec 2020070244.642.68$1,878
Nov 2020067938.772.71$1,838
Oct 2020070236.972.48$1,740
Sep 2020068937.091.99$1,372
Aug 2020069939.982.39$1,667
Jul 2020072438.371.83$1,321
Jun 2020071534.901.69$1,209
May 2020075016.921.81$1,361
Apr 2020069814.751.80$1,259
Mar 2020076630.341.86$1,422
Feb 2020072649.881.98$1,438
Jan 2020078857.252.09$1,651
Dec 2019081459.012.30$1,876
Nov 2019078755.302.75$2,165
Oct 2019085153.472.42$2,058
Sep 2019084855.052.66$2,253
Aug 2019074253.112.30$1,710
Jul 2019078056.272.46$1,919
Jun 2019026752.782.49$665
May 2019081358.482.74$2,228
Apr 2019046862.632.75$1,287
Mar 2019080856.803.06$2,474
Feb 2019057550.852.79$1,606
Jan 2019068646.033.23$2,215
Dec 2018072046.594.19$3,014
Nov 2018059552.934.24$2,521
Oct 2018065561.443.40$2,226
Sep 2018072959.543.11$2,266
Aug 2018059959.403.07$1,837
Jul 2018053365.142.93$1,563
Jun 2018061760.183.08$1,898
May 2018065765.382.90$1,906
Apr 2018062763.842.90$1,819
Mar 2018068961.222.79$1,920
Feb 2018068761.782.77$1,900
Jan 2018068162.874.01$2,730
Dec 2017074057.272.92$2,162
Nov 2017080255.423.12$2,501
Oct 2017082749.292.98$2,468
Sep 2017084047.523.09$2,593
Aug 2017079945.373.00$2,401
Jul 2017078743.873.09$2,430
Jun 2017080242.493.09$2,476
May 2017080945.373.26$2,640
Apr 2017090447.933.21$2,903
Mar 2017073446.772.98$2,190
Feb 2017080750.452.95$2,383
Jan 2017192949.413.42$3,225
Dec 2016080048.763.72$2,978
Nov 2016085042.492.64$2,248
Oct 2016092346.193.09$2,852
Sep 2016088341.553.10$2,738
Aug 2016098341.442.92$2,875
Jul 2016072241.622.92$2,111
Jun 2016079145.352.69$2,124
May 2016083542.521.99$1,663
Apr 2016072336.561.99$1,440
Mar 2016083333.011.79$1,494
Feb 2016074626.472.06$1,539
Jan 2016084227.352.36$1,991
Dec 2015089332.362.00$1,787
Nov 2015088938.792.17$1,927
Oct 2015085443.552.43$2,072
Sep 2015087642.992.76$2,416
Aug 2015093740.162.87$2,692
Jul 2015097648.152.95$2,874
Jun 2015096756.152.88$2,788
May 2015097055.212.96$2,867
Apr 2015091349.822.71$2,471
Mar 2015084742.892.93$2,486
Feb 2015086944.662.98$2,586
Jan 2015095543.433.10$2,961
Dec 2014099454.693.59$3,570
Nov 2014096570.464.25$4,103
Oct 201401,03778.303.90$4,045
Sep 2014099286.164.05$4,013
Aug 20141099789.394.04$4,917
Jul 201401,05696.564.18$4,414
Jun 201401,00498.164.74$4,756
May 201401,04894.734.73$4,953
Apr 201401,00595.944.81$4,833
Mar 201401,04595.895.06$5,284
Feb 2014091297.406.19$5,647
Jan 201401,03690.404.86$5,036
Dec 201311,01691.824.35$4,516
Nov 2013099388.853.74$3,712
Oct 201301,04597.423.78$3,949
Sep 20130951104.113.72$3,536
Aug 201311,016104.253.52$3,683
Jul 201301,052102.523.72$3,911
Jun 201301,05694.403.93$4,154
May 201311,05994.834.15$4,489
Apr 201301,10593.964.28$4,732
Mar 201301,15593.623.91$4,519
Feb 2013071791.233.42$2,452
Jan 2013097891.603.42$3,345
Dec 201201,02886.773.42$3,516
Nov 201201,03386.953.62$3,745
Oct 201201,12489.383.40$3,821
Sep 201201,10994.672.92$3,237
Aug 201201,19092.662.91$3,461
Jul 201201,13785.133.02$3,435
Jun 201201,10279.822.52$2,776
May 201201,18391.612.49$2,944
Apr 201201,095101.652.00$2,187
Mar 201201,174105.052.22$2,609
Feb 201201,178101.102.57$3,028
Jan 201201,37598.092.73$3,759
Dec 201101,12196.873.24$3,632
Nov 201101,21095.723.31$4,007
Oct 201101,37884.983.65$5,028
Sep 201101,15083.623.99$4,584
Aug 2011080483.404.15$3,336
Jul 2011076694.144.52$3,460
Jun 201101,24392.904.64$5,767
May 201101,26998.134.40$5,590
Apr 201101,251105.964.33$5,421
Mar 201101,28096.364.06$5,193
Feb 201101,30985.644.18$5,472
Jan 2011099986.504.59$4,584
Dec 201001,27585.734.35$5,543
Nov 201001,28080.843.80$4,858
Oct 201001,46578.103.51$5,141
Sep 2010095172.633.98$3,784
Aug 201001,49473.684.42$6,603
Jul 201001,55872.554.74$7,379
Jun 201001,52770.364.91$7,498
May 201001,56771.124.24$6,637
Apr 201001,56381.694.12$6,444
Mar 201001,61278.394.39$7,075
Feb 201001,49773.585.44$8,147
Jan 201001,69074.365.96$10,079
Dec 200901,70671.445.48$9,355
Nov 200901,72574.593.75$6,471
Oct 200901,84572.544.11$7,583
Sep 200901,78765.543.06$5,477
Aug 200901,91567.423.22$6,163
Jul 200901,96861.133.46$6,818
Jun 200901,93066.163.90$7,517
May 200902,09854.743.93$8,236
Apr 200902,08646.773.59$7,484
Mar 200902,25442.144.06$9,149
Feb 200902,05632.814.63$9,525
Jan 200902,47835.865.37$13,309
Dec 200802,62037.105.98$15,660
Nov 200802,74555.496.86$18,832
Oct 200803,03275.246.92$20,987
Sep 200803,230101.767.88$25,443
Aug 200803,781114.228.48$32,074
Jul 200804,446131.0811.39$50,637
Jun 200805,413131.3313.03$70,546
May 200809,100123.1711.57$105,326

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                  645 Mcf  × $  3.05 =     $1,965

────────────────────────────────────────────────────
Month total                                   $1,965

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/241015 is the state's own key, not one this site invented.