OWEN STATE 1128 G.U.

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 259218District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.0 M
Oct 2010 – May 2026
Value, last 12 filed months
$122 k
at the published price for each month
Months reported
188
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 Gas112011-09-26202406
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
CondensateDisposition5,207 bbl$434,953
GasProduction3,164,360 Mcf$11,541,607
Total$11,976,560

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 27.9597, -99.4662. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.95975, -99.46624 · 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
5,725 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 5,725 ft.

Completions filed
Mar 2011
1 of 1 wells

1 well

42-479409442H5,725 ftMar 2011

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 (188)

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

188 months

May 202602,694106.413.05$8,205
Apr 202602,71298.932.87$7,783
Mar 202602,52189.753.15$7,940
Feb 2026182,53163.503.75$10,635
Jan 202602,82259.138.00$22,570
Dec 202502,81556.664.41$12,424
Nov 202502,18558.593.93$8,579
Oct 202502,74959.383.30$9,085
Sep 202502,65162.743.08$8,157
Aug 202502,73163.933.01$8,233
Jul 202502,75566.743.32$9,133
Jun 202502,92266.483.13$9,142
May 202503,18960.553.23$10,308
Apr 202503,06662.363.54$10,863
Mar 202503,20067.704.27$13,659
Feb 202502,77970.884.34$12,063
Jan 202503,27074.324.28$13,991
Dec 202403,19168.993.12$9,960
Nov 202403,41569.052.20$7,508
Oct 202403,69271.372.28$8,423
Sep 202403,66369.612.36$8,661
Aug 202403,64475.632.06$7,520
Jul 202403,41979.932.15$7,339
Jun 202403,20178.082.63$8,431
May 202403,32978.812.20$7,319
Apr 202402,57984.451.66$4,279
Mar 2024132,48180.301.55$4,877
Feb 202402,24476.091.78$4,002
Jan 202402,35473.023.30$7,763
Dec 202302,48371.262.61$6,482
Nov 202302,10077.892.81$5,896
Oct 202301,88885.443.09$5,829
Sep 2023192,03289.042.74$7,249
Aug 202302,16480.522.67$5,784
Jul 2023213,44374.852.64$10,668
Jun 202304,15368.962.26$9,379
May 202304,29970.622.23$9,576
Apr 202304,26278.122.24$9,537
Mar 202304,48772.852.39$10,738
Feb 202303,95375.112.47$9,747
Jan 202304,60676.533.39$15,604
Dec 202204,75276.415.73$27,225
Nov 202204,67485.005.65$26,390
Oct 202204,95087.185.86$29,026
Sep 202204,89184.888.16$39,929
Aug 2022115,23194.529.13$48,784
Jul 202205,424101.587.54$40,908
Jun 202205,371115.097.98$42,846
May 202205,731109.378.43$48,330
Apr 202205,748104.226.84$39,303
Mar 20221384,954108.885.08$40,174
Feb 202203,89191.054.86$18,906
Jan 202202,76281.844.54$12,533
Dec 202103,70571.323.90$14,446
Nov 202103,62577.435.24$18,984
Oct 202103,54479.795.71$20,250
Sep 202102,76769.865.35$14,806
Aug 202103,61866.024.22$15,270
Jul 202104,46870.783.98$17,792
Jun 202103,92269.493.38$13,259
May 202104,38263.483.02$13,223
Apr 202104,44260.362.76$12,253
Mar 202104,92061.302.72$13,367
Feb 202105,11757.805.55$28,389
Jan 2021265,38950.412.81$16,455
Dec 202004,27044.642.68$11,424
Nov 202004,39038.772.71$11,882
Oct 202004,27436.972.48$10,593
Sep 2020224,67537.091.99$10,124
Aug 202004,64539.982.39$11,079
Jul 202004,96938.371.83$9,069
Jun 2020104,80934.901.69$8,478
May 202005,28516.921.81$9,591
Apr 2020554,60214.751.80$9,115
Mar 202005,49730.341.86$10,204
Feb 202005,25449.881.98$10,406
Jan 202005,80657.252.09$12,162
Dec 201905,73159.012.30$13,206
Nov 201905,34655.302.75$14,705
Oct 201905,29153.472.42$12,797
Sep 201905,20055.052.66$13,818
Aug 201905,28853.112.30$12,185
Jul 201905,54256.272.46$13,634
Jun 201905,44252.782.49$13,557
May 2019585,97958.482.74$19,776
Apr 201905,84062.632.75$16,064
Mar 201906,32456.803.06$19,365
Feb 201905,74350.852.79$16,036
Jan 201906,32446.033.23$20,415
Dec 201806,27246.594.19$26,251
Nov 201806,17652.934.24$26,169
Oct 201806,70961.443.40$22,798
Sep 2018406,35559.543.11$22,133
Aug 201806,72659.403.07$20,626
Jul 201806,67165.142.93$19,559
Jun 201806,56460.183.08$20,197
May 201806,81165.382.90$19,757
Apr 2018566,75163.842.90$23,158
Mar 201806,22361.222.79$17,343
Feb 201806,17361.782.77$17,075
Jan 201807,05962.874.01$28,302
Dec 201707,90857.272.92$23,103
Nov 201707,39355.423.12$23,054
Oct 201707,66249.292.98$22,861
Sep 2017177,37447.523.09$23,573
Aug 201707,07245.373.00$21,247
Jul 201706,87143.873.09$21,213
Jun 201707,04042.493.09$21,734
May 2017168,72445.373.26$29,196
Apr 201708,69947.933.21$27,938
Mar 2017299,14646.772.98$28,645
Feb 201708,55650.452.95$25,262
Jan 2017109,36949.413.42$32,525
Dec 2016218,74948.763.72$33,595
Nov 2016739,07942.492.64$27,110
Oct 201608,81546.193.09$27,241
Sep 201609,31941.553.10$28,895
Aug 201609,92141.442.92$29,012
Jul 2016010,18241.622.92$29,776
Jun 201609,99745.352.69$26,850
May 20163410,35442.521.99$22,061
Apr 20164010,00436.561.99$21,381
Mar 2016010,42533.011.79$18,703
Feb 20169810,00626.472.06$23,243
Jan 2016011,43027.352.36$27,025
Dec 2015011,65132.362.00$23,318
Nov 2015011,44738.792.17$24,809
Oct 20154912,36443.552.43$32,136
Sep 20152612,23742.992.76$34,873
Aug 2015012,94540.162.87$37,184
Jul 20152913,04448.152.95$39,812
Jun 20152212,96656.152.88$38,614
May 2015013,67755.212.96$40,422
Apr 20151012,85049.822.71$35,278
Mar 20153413,19942.892.93$40,194
Feb 2015011,83344.662.98$35,217
Jan 20152613,71243.433.10$43,645
Dec 20142614,45954.693.59$53,349
Nov 20141514,81070.464.25$64,027
Oct 20142315,45678.303.90$62,094
Sep 2014015,87086.164.05$64,201
Aug 20141416,72289.394.04$68,727
Jul 20141617,47896.564.18$74,596
Jun 20141717,34998.164.74$83,849
May 20143218,49294.734.73$90,435
Apr 20144218,15595.944.81$91,339
Mar 2014018,76295.895.06$94,876
Feb 20142817,58397.406.19$111,601
Jan 20147520,84490.404.86$108,097
Dec 20133021,47291.824.35$96,254
Nov 20133221,60988.853.74$83,624
Oct 20132223,97297.423.78$92,742
Sep 20133022,729104.113.72$87,624
Aug 20131420,392104.253.52$73,293
Jul 2013222,523102.523.72$83,940
Jun 20137925,13694.403.93$106,328
May 2013527,19894.834.15$113,321
Apr 20134526,77593.964.28$118,895
Mar 2013528,24893.623.91$110,999
Feb 20133325,79791.233.42$91,234
Jan 2013026,63891.603.42$91,100
Dec 20126220,76686.773.42$76,403
Nov 2012135,88986.953.62$130,183
Oct 20126038,84289.383.40$137,413
Sep 201219237,82994.672.92$128,577
Aug 2012041,72692.662.91$121,346
Jul 20122843,92285.133.02$135,063
Jun 20125346,19579.822.52$120,598
May 20126849,16891.612.49$128,575
Apr 20128745,400101.652.00$99,498
Mar 20127528,496105.052.22$71,199
Feb 201213354,357101.102.57$153,157
Jan 201212960,30398.092.73$177,527
Dec 20113364,72696.873.24$212,892
Nov 201112762,98995.723.31$220,731
Oct 201126369,85784.983.65$277,226
Sep 201117366,75383.623.99$280,530
Aug 201112073,49983.404.15$314,979
Jul 20116763,26194.144.52$292,073
Jun 201135993,20392.904.64$465,802
May 2011091,94398.134.40$404,992
Apr 201118487,730105.964.33$399,655
Mar 2011199113,56396.364.06$479,939
Feb 201137988,73785.644.18$403,376
Jan 2011407115,39586.504.59$564,728
Dec 20100121,63085.734.35$528,817
Nov 2010402132,79680.843.80$536,502
Oct 20100112,92878.103.51$396,252

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                2,694 Mcf  × $  3.05 =     $8,205

────────────────────────────────────────────────────
Month total                                   $8,205

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/259218 is the state's own key, not one this site invented.