VILLARREAL

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 248027District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.4 M
Nov 2008 – May 2026
Value, last 12 filed months
$41 k
at the published price for each month
Months reported
211
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 Gas112009-08-14192717
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
CondensateDisposition476 bbl$38,815
GasProduction352,160 Mcf$1,325,127
Total$1,363,942

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 27.9130, -99.5270. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.91299, -99.52697 · 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
8,374 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 8,374 ft.

Completions filed
Nov 2008
1 of 1 wells

1 well

42-4794037818,374 ftNov 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 (211)

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

211 months

May 202601,155106.413.05$3,518
Apr 202601,00598.932.87$2,884
Mar 2026084389.753.15$2,655
Feb 2026086463.503.75$3,240
Jan 2026044659.138.00$3,567
Dec 2025089456.664.41$3,946
Nov 2025091958.593.93$3,608
Oct 202501,12059.383.30$3,701
Sep 202501,04662.743.08$3,218
Aug 202501,11163.933.01$3,349
Jul 202501,10866.743.32$3,673
Jun 202501,07866.483.13$3,373
May 202501,11660.553.23$3,607
Apr 202501,14462.363.54$4,053
Mar 202501,20267.704.27$5,131
Feb 2025090470.884.34$3,924
Jan 2025097274.324.28$4,159
Dec 202401,17568.993.12$3,668
Nov 202401,31269.052.20$2,884
Oct 202401,62271.372.28$3,700
Sep 202401,20569.612.36$2,849
Aug 20240075.632.06$0
Jul 202401,01379.932.15$2,175
Jun 20240078.082.63$0
May 202401,05578.812.20$2,319
Apr 2024041284.451.66$684
Mar 202401,07480.301.55$1,659
Feb 2024089576.091.78$1,596
Jan 202401,07873.023.30$3,555
Dec 202301,02071.262.61$2,663
Nov 2023097177.892.81$2,726
Oct 202301,08585.443.09$3,350
Sep 202301,00889.042.74$2,757
Aug 202301,06480.522.67$2,844
Jul 202301,13674.852.64$3,001
Jun 202301,16068.962.26$2,620
May 202301,17970.622.23$2,626
Apr 202301,04378.122.24$2,334
Mar 202301,15172.852.39$2,755
Feb 202301,08375.112.47$2,670
Jan 202301,21176.533.39$4,103
Dec 202201,13376.415.73$6,491
Nov 2022097485.005.65$5,499
Oct 202201,16087.185.86$6,802
Sep 202201,16784.888.16$9,527
Aug 202201,02894.529.13$9,383
Jul 202201,053101.587.54$7,942
Jun 20220966115.097.98$7,706
May 20220958109.378.43$8,079
Apr 202201,042104.226.84$7,125
Mar 20220949108.885.08$4,818
Feb 2022097891.054.86$4,752
Jan 2022064281.844.54$2,913
Dec 202101,00171.323.90$3,903
Nov 2021089977.435.24$4,708
Oct 202101,00379.795.71$5,731
Sep 202101,08169.865.35$5,784
Aug 202101,13866.024.22$4,803
Jul 202101,16070.783.98$4,619
Jun 202101,13369.493.38$3,830
May 202101,19163.483.02$3,594
Apr 202101,16060.362.76$3,200
Mar 202101,05961.302.72$2,877
Feb 2021099657.805.55$5,526
Jan 202101,10650.412.81$3,108
Dec 202001,22844.642.68$3,285
Nov 202001,12838.772.71$3,053
Oct 202001,22136.972.48$3,026
Sep 202001,17137.091.99$2,332
Aug 202001,22039.982.39$2,910
Jul 202001,24138.371.83$2,265
Jun 202001,12734.901.69$1,905
May 202001,29416.921.81$2,348
Apr 202001,28514.751.80$2,319
Mar 202001,16230.341.86$2,157
Feb 202001,13449.881.98$2,246
Jan 202001,18657.252.09$2,484
Dec 201901,24259.012.30$2,862
Nov 201901,26255.302.75$3,471
Oct 201901,23753.472.42$2,992
Sep 201901,24555.052.66$3,308
Aug 201901,39653.112.30$3,217
Jul 201901,38256.272.46$3,400
Jun 201901,12052.782.49$2,790
May 201901,33258.482.74$3,650
Apr 201901,37162.632.75$3,771
Mar 201901,32256.803.06$4,048
Feb 201901,29050.852.79$3,602
Jan 201901,41946.033.23$4,581
Dec 201801,82046.594.19$7,618
Nov 201801,73552.934.24$7,352
Oct 201801,28861.443.40$4,377
Sep 201801,04359.543.11$3,242
Aug 201801,24159.403.07$3,806
Jul 201801,23665.142.93$3,624
Jun 201801,25460.183.08$3,858
May 2018391,47265.382.90$6,820
Apr 201801,47263.842.90$4,270
Mar 201801,37361.222.79$3,826
Feb 201801,19361.782.77$3,300
Jan 201801,35362.874.01$5,425
Dec 201701,11957.272.92$3,269
Nov 201701,41455.423.12$4,409
Oct 2017079449.292.98$2,369
Sep 2017066647.523.09$2,056
Aug 2017097245.373.00$2,920
Jul 201701,24243.873.09$3,834
Jun 201701,43342.493.09$4,424
May 201701,54145.373.26$5,029
Apr 201701,05747.933.21$3,395
Mar 2017086646.772.98$2,584
Feb 201711,36650.452.95$4,084
Jan 201701,34049.413.42$4,581
Dec 201601,07648.763.72$4,006
Nov 201601,30542.492.64$3,451
Oct 201601,19646.193.09$3,696
Sep 201601,36141.553.10$4,220
Aug 201601,78941.442.92$5,232
Jul 201601,36741.622.92$3,998
Jun 201601,53845.352.69$4,131
May 201601,57042.521.99$3,126
Apr 201601,58736.561.99$3,160
Mar 201601,44933.011.79$2,600
Feb 201601,33626.472.06$2,757
Jan 201601,50327.352.36$3,554
Dec 201501,48932.362.00$2,980
Nov 201511,35738.792.17$2,980
Oct 201501,69543.552.43$4,113
Sep 201501,73142.992.76$4,775
Aug 201501,68740.162.87$4,846
Jul 201501,58648.152.95$4,671
Jun 201501,62056.152.88$4,670
May 2015201,68955.212.96$6,096
Apr 201501,49049.822.71$4,033
Mar 201501,36242.892.93$3,997
Feb 201501,35344.662.98$4,027
Jan 201501,58043.433.10$4,899
Dec 2014281,64754.693.59$7,446
Nov 201401,47070.464.25$6,250
Oct 201401,71278.303.90$6,678
Sep 201411,59186.164.05$6,522
Aug 201401,69689.394.04$6,844
Jul 201401,59796.564.18$6,675
Jun 201411,65698.164.74$7,942
May 201401,67294.734.73$7,903
Apr 201401,73995.944.81$8,363
Mar 201401,85195.895.06$9,360
Feb 201401,50597.406.19$9,319
Jan 201401,70590.404.86$8,288
Dec 201301,68691.824.35$7,342
Nov 201301,76788.853.74$6,606
Oct 201301,79297.423.78$6,773
Sep 201301,743104.113.72$6,480
Aug 201301,852104.253.52$6,524
Jul 201301,863102.523.72$6,926
Jun 201301,82494.403.93$7,175
May 201301,90194.834.15$7,887
Apr 201312,04493.964.28$8,848
Mar 201301,92093.623.91$7,513
Feb 201301,69691.233.42$5,800
Jan 201301,98091.603.42$6,771
Dec 201201,92386.773.42$6,577
Nov 2012121,89686.953.62$7,916
Oct 201202,09689.383.40$7,126
Sep 201201,96094.672.92$5,720
Aug 201202,17692.662.91$6,328
Jul 201202,15685.133.02$6,513
Jun 201202,11679.822.52$5,330
May 201202,20791.612.49$5,492
Apr 201202,211101.652.00$4,415
Mar 201202,362105.052.22$5,249
Feb 201202,261101.102.57$5,811
Jan 2012602,40498.092.73$12,458
Dec 20111812,35496.873.24$25,160
Nov 201102,51695.723.31$8,331
Oct 201102,14884.983.65$7,837
Sep 201102,40783.623.99$9,594
Aug 201101,26683.404.15$5,253
Jul 201101,52794.144.52$6,898
Jun 201101,70192.904.64$7,892
May 201102,04398.134.40$8,999
Apr 201102,278105.964.33$9,871
Mar 201102,82096.364.06$11,442
Feb 201101,87685.644.18$7,842
Jan 201102,50686.504.59$11,499
Dec 201002,79685.734.35$12,156
Nov 201002,75380.843.80$10,449
Oct 201001,81178.103.51$6,355
Sep 201001,06672.633.98$4,242
Aug 201001,98773.684.42$8,781
Jul 201001,17772.554.74$5,575
Jun 201002,96870.364.91$14,574
May 201001,92171.124.24$8,136
Apr 201002,85981.694.12$11,787
Mar 201002,96278.394.39$12,999
Feb 201002,75373.585.44$14,983
Jan 201003,18374.365.96$18,984
Dec 200903,28271.445.48$17,998
Nov 200903,28974.593.75$12,339
Oct 200903,49672.544.11$14,369
Sep 2009173,54665.543.06$11,982
Aug 20091143,57267.423.22$19,182
Jul 200903,73161.133.46$12,926
Jun 200903,82466.163.90$14,894
May 200904,29554.743.93$16,861
Apr 200904,50446.773.59$16,158
Mar 200905,12042.144.06$20,782
Feb 200905,24732.814.63$24,309
Jan 200906,47235.865.37$34,761
Dec 200807,99537.105.98$47,787
Nov 2008010,55555.496.86$72,411

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                1,155 Mcf  × $  3.05 =     $3,518

────────────────────────────────────────────────────
Month total                                   $3,518

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/248027 is the state's own key, not one this site invented.