OWEN STATE 1128

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 264687District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.4 M
Jul 2011 – May 2026
Value, last 12 filed months
$48 k
at the published price for each month
Months reported
179
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 Gas112012-12-15207626
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
CondensateDisposition1,726 bbl$144,831
GasProduction1,233,386 Mcf$4,225,508
Total$4,370,339

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 27.9653, -99.4628. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.96532, -99.46276 · 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
5,705 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 5,705 ft.

Completions filed
Jul 2011
1 of 1 wells

1 well

42-479412783H5,705 ftJul 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 (179)

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

179 months

May 20260966106.413.05$2,942
Apr 2026094898.932.87$2,720
Mar 202601,00589.753.15$3,165
Feb 202641,09063.503.75$4,342
Jan 202601,17359.138.00$9,382
Dec 202501,20456.664.41$5,314
Nov 2025085958.593.93$3,373
Oct 202501,12659.383.30$3,721
Sep 202501,09062.743.08$3,354
Aug 202501,14163.933.01$3,440
Jul 202501,07766.743.32$3,570
Jun 2025090966.483.13$2,844
May 2025087360.553.23$2,822
Apr 2025090362.363.54$3,199
Mar 2025098967.704.27$4,221
Feb 2025093070.884.34$4,037
Jan 202501,09574.324.28$4,685
Dec 202401,08068.993.12$3,371
Nov 202401,10369.052.20$2,425
Oct 202401,25371.372.28$2,859
Sep 202401,29269.612.36$3,055
Aug 202401,56475.632.06$3,228
Jul 2024036379.932.15$779
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 2024065584.451.66$1,087
Mar 202451,20480.301.55$2,262
Feb 202401,05476.091.78$1,880
Jan 202401,18873.023.30$3,918
Dec 202301,17071.262.61$3,055
Nov 202301,17477.892.81$3,296
Oct 202301,24285.443.09$3,834
Sep 202331,21389.042.74$3,585
Aug 202301,37480.522.67$3,673
Jul 202301,19074.852.64$3,144
Jun 202301,14668.962.26$2,588
May 202301,24670.622.23$2,775
Apr 202301,21978.122.24$2,728
Mar 202301,30972.852.39$3,133
Feb 202301,21775.112.47$3,001
Jan 202301,34276.533.39$4,546
Dec 202201,41276.415.73$8,089
Nov 202201,37385.005.65$7,752
Oct 202201,47587.185.86$8,649
Sep 202201,47584.888.16$12,041
Aug 202201,44294.529.13$13,161
Jul 202201,653101.587.54$12,467
Jun 202201,598115.097.98$12,748
May 202201,678109.378.43$14,151
Apr 202201,675104.226.84$11,453
Mar 2022102,116108.885.08$11,830
Feb 202201,40691.054.86$6,832
Jan 2022055581.844.54$2,518
Dec 202101,03871.323.90$4,047
Nov 202101,10377.435.24$5,776
Oct 202101,20379.795.71$6,874
Sep 2021092669.865.35$4,955
Aug 202101,22866.024.22$5,183
Jul 202101,27070.783.98$5,057
Jun 202101,31669.493.38$4,449
May 202101,51063.483.02$4,557
Apr 202101,47960.362.76$4,080
Mar 202101,54761.302.72$4,203
Feb 202101,68257.805.55$9,332
Jan 2021211,70650.412.81$5,853
Dec 202001,47644.642.68$3,949
Nov 202001,70238.772.71$4,607
Oct 202001,64736.972.48$4,082
Sep 2020131,31737.091.99$3,104
Aug 202001,37539.982.39$3,280
Jul 202001,51438.371.83$2,763
Jun 202061,41634.901.69$2,603
May 202001,54916.921.81$2,811
Apr 2020141,52914.751.80$2,965
Mar 202001,66730.341.86$3,094
Feb 202002,01549.881.98$3,991
Jan 202001,70657.252.09$3,574
Dec 201901,67659.012.30$3,862
Nov 201901,68055.302.75$4,621
Oct 201901,58953.472.42$3,843
Sep 201901,34655.052.66$3,577
Aug 201901,66953.112.30$3,846
Jul 201901,45956.272.46$3,589
Jun 201901,50152.782.49$3,739
May 2019401,45558.482.74$6,326
Apr 201901,34562.632.75$3,700
Mar 201901,42056.803.06$4,348
Feb 201901,29450.852.79$3,613
Jan 201901,44646.033.23$4,668
Dec 201801,47846.594.19$6,186
Nov 201801,42752.934.24$6,047
Oct 201801,44061.443.40$4,893
Sep 2018897659.543.11$3,510
Aug 201801,18859.403.07$3,643
Jul 201801,59665.142.93$4,679
Jun 201801,93060.183.08$5,938
May 201802,35965.382.90$6,843
Apr 201821,71163.842.90$5,091
Mar 201801,74661.222.79$4,866
Feb 201801,97961.782.77$5,474
Jan 201802,20962.874.01$8,857
Dec 201702,19157.272.92$6,401
Nov 201701,67555.423.12$5,223
Oct 201701,89649.292.98$5,657
Sep 2017111,84847.523.09$6,228
Aug 201702,18545.373.00$6,565
Jul 201702,49443.873.09$7,700
Jun 201701,81142.493.09$5,591
May 2017101,83545.373.26$6,442
Apr 201702,31647.933.21$7,438
Mar 2017102,51246.772.98$7,963
Feb 201701,95450.452.95$5,769
Jan 201702,85749.413.42$9,768
Dec 201621,54148.763.72$5,834
Nov 2016132,19242.492.64$6,349
Oct 201603,46746.193.09$10,714
Sep 201602,90141.553.10$8,995
Aug 201602,95341.442.92$8,636
Jul 201602,30041.622.92$6,726
Jun 201602,57945.352.69$6,927
May 201643,25142.521.99$6,643
Apr 201643,52036.561.99$7,155
Mar 201604,03133.011.79$7,232
Feb 201654,57126.472.06$9,565
Jan 201604,99127.352.36$11,801
Dec 201505,19632.362.00$10,399
Nov 201505,19538.792.17$11,259
Oct 201535,56243.552.43$13,627
Sep 201525,62842.992.76$15,610
Aug 201505,81640.162.87$16,706
Jul 2015125,90148.152.95$17,957
Jun 2015255,79856.152.88$18,119
May 201505,75555.212.96$17,009
Apr 2015114,84849.822.71$13,669
Mar 2015385,55542.892.93$17,932
Feb 201505,45344.662.98$16,229
Jan 2015296,37343.433.10$21,020
Dec 2014305,97354.693.59$23,092
Nov 2014175,88470.464.25$26,216
Oct 2014306,66378.303.90$28,341
Sep 201406,71186.164.05$27,149
Aug 2014187,86089.394.04$33,325
Jul 2014132,46296.564.18$11,545
Jun 2014136,81398.164.74$33,548
May 2014237,61094.734.73$38,148
Apr 2014277,21895.944.81$37,303
Mar 201408,03495.895.06$40,626
Feb 2014197,99997.406.19$51,380
Jan 20143410,60490.404.86$54,617
Dec 20132510,32991.824.35$47,273
Nov 20131910,56088.853.74$41,164
Oct 20132312,21397.423.78$48,398
Sep 20133712,545104.113.72$50,491
Aug 20131814,901104.253.52$54,367
Jul 2013013,211102.523.72$49,115
Jun 201314517,22494.403.93$81,437
May 2013018,62394.834.15$77,268
Apr 20138318,44593.964.28$86,791
Mar 2013019,93593.623.91$78,003
Feb 201312419,63891.233.42$78,473
Jan 2013022,34791.603.42$76,425
Dec 20125221,75286.773.42$78,907
Nov 2012023,51986.953.62$85,255
Oct 20121923,50389.383.40$81,601
Sep 20125125,00394.672.92$77,797
Aug 2012027,29592.662.91$79,378
Jul 20121028,63585.133.02$87,352
Jun 20121829,18979.822.52$74,965
May 20122432,04191.612.49$81,927
Apr 20123433,021101.652.00$69,392
Mar 20124934,961105.052.22$82,834
Feb 20124736,050101.102.57$97,409
Jan 20124841,55298.092.73$118,315
Dec 20111243,99396.873.24$143,688
Nov 20115348,12595.723.31$164,429
Oct 201111155,05384.983.65$210,296
Sep 20118460,45783.623.99$247,994
Aug 20117173,74283.404.15$311,901
Jul 20114057,06894.144.52$261,555

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                  966 Mcf  × $  3.05 =     $2,942

────────────────────────────────────────────────────
Month total                                   $2,942

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/264687 is the state's own key, not one this site invented.